MUSEUM OF THE CITY OF NEW YORK: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- MUSEUM OF THE CITY OF NEW YORK (EIN 13-1624098)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-15
- IRS object ID
- 201211369349307516
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-15T17:15:29-05:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOEB & TROPER LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 655 THIRD AVENUE 12TH FLOOR | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10017 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131624098 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MUSEUM OF THE CITY OF NEW YORK | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MUSE | NameControl |
| Phone | 2125341672 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1220 FIFTH AVENUE | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10029 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CARL DREYER CPA | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Phone | 2125341672 | Phone |
| Date Signed | 2012-05-15 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | FREDERICK H ROTHMAN | Name |
| Phone | 2128674000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | CARL DREYER CPA | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1220 FIFTH AVENUE | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10029 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 15154345 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.MCNY.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1923 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | THE MUSEUM OF THE CITY OF NEW YORK PRESENTS AND INTERPRETS THE PAST, PRESENT AND FUTURE OF NEW YORK CITY AND CELEBRATES ITS HERITAGE OF DIVERSITY, TOLERANCE, OPPORTUNITY, AND PERPETUAL TRANSFORMATION. FOUNDED IN 1923 AS A PRIVATE, NON-PROFIT CORPORATION, THE MUSEUM SERVES THE PEOPLE OF NEW YORK AND VISITORS FROM ACROSS THE COUNTRY AND AROUND THE WORLD THROUGH EXHIBITIONS, COLLECTIONS, PUBLICATIONS, AND SCHOOL AND PUBLIC PROGRAMS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 43 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 43 | NbrIndependentVotingMembers |
| Total Nbr Employees | 178 | TotalNbrEmployees |
| Total Nbr Volunteers | 70 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 10439230 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 11869257 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1558892 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1391978 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 722173 | InvestmentIncomePriorYear |
| Investment Income Current Year | 728896 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 182700 | OtherRevenuePriorYear |
| Other Revenue Current Year | -53884 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 12902995 | TotalRevenuePriorYear |
| Total Revenue Current Year | 13936247 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 5871475 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 6173779 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 42000 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 42000 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1352125 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 5011340 | OtherExpensePriorYear |
| Other Expenses Current Year | 4818499 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 10924815 | TotalExpensesPriorYear |
| Total Expenses Current Year | 11034278 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1978180 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 2901969 | RevenuesLessExpensesCY |
| Total Assets BOY | 42911221 | TotalAssetsBOY |
| Total Assets EOY | 47549532 | TotalAssetsEOY |
| Total Liabilities BOY | 833989 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 687484 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 42077232 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 46862048 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE MUSEUM OF THE CITY OF NEW YORK PRESENTS AND INTERPRETS THE PAST, PRESENT AND FUTURE OF NEW YORK CITY AND CELEBRATES ITS HERITAGE OF DIVERSITY, TOLERANCE, OPPORTUNITY, AND PERPETUAL TRANSFORMATION. FOUNDED IN 1923 AS A PRIVATE, NON-PROFIT CORPORATION, THE MUSEUM SERVES THE PEOPLE OF NEW YORK AND VISITORS FROM ACROSS THE COUNTRY AND AROUND THE WORLD THROUGH EXHIBITIONS, COLLECTIONS, PUBLICATIONS, AND SCHOOL AND PUBLIC PROGRAMS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 3772811 | Expense |
| Revenue | 520767 | Revenue |
| Description | EXHIBITIONS AND PUBLICATIONS:DURING THE YEAR THE MUSEUM DISPLAYED THE FOLLOWING EXHIBITIONS:- THE AMERICAN STYLE: COLONIAL REVIVAL AND THE MODERN METROPOLIS (6/14/11-10/30/11) BROUGHT TOGETHER EXTRAORDINARY FURNITURE, DECORATIVE OBJECTS, AND PHOTOGRAPHS TO SURVEY, IN NEW YORK CITY AND BEYOND, THE COLONIAL REVIVAL MOVEMENT IN THE REALMS OF ARCHITECTURE AND DESIGN. THE EXHIBITION COVERED THE FERTILE PERIOD FROM THE 1890S TO THE PRESENT, FOCUSING ON THE YEARS FROM 1900 TO THE 1930S, WHEN NEW YORK CITY, THROUGH DEPARTMENT STORES, MUSEUMS, AND MORE, WAS THE CENTER FOR THE STYLE'S PROMOTION NATIONWIDE. - JOEL GREY/A NEW YORK LIFE (4/12/11-8/7/11) EXAMINED THE ENDURING IMPACT THAT PERFORMER AND PHOTOGRAPHER JOEL GREY AND HIS ADOPTED CITY HAVE MADE ON EACH OTHER. THROUGH RARE ARTIFACTS FROM HIS STAGE AND SCREEN CAREER, OBJECTS FROM HIS PERSONAL COLLECTION, AND HIS OWN PHOTOGRAPHY, THE EXHIBITION OFFERED A UNIQUE LOOK AT NEW YORK THROUGH GREY'S EYES. JOEL GREY/A NEW YORK LIFE INCLUDED POSTERS, PLAYBILLS, AND COSTUME PIECES FROM GREY'S ICONIC PRODUCTIONS, COMBINED WITH A SELECTION OF HIS NEW YORK CITY PHOTOGRAPHS. TOGETHER, THEY DRAMATIZED HOW THE BREADTH OF HIS ARTISTIC WORK HAS BEEN NURTURED AND INSPIRED BY HIS LIFE IN NEW YORK CITY.- MOVEABLE FEAST: FRESH PRODUCE AND THE NYC GREEN CART PROGRAM (3/22/11-8/28/11) DOCUMENTED AN INNOVATIVE NYC DEPARTMENT OF HEALTH AND MENTAL HYGIENE PROGRAM THAT PROVIDES UNDERSERVED COMMUNITIES WITH ACCESS TO FRESH FRUITS AND VEGETABLES VIA HUNDREDS OF INDEPENDENTLY OWNED, MOBILE PRODUCE STANDS KNOWN AS GREEN CARTS. THE EXHIBITION FEATURED NEW PHOTOGRAPHS BY LATOYA RUBY FRAZIER, THOMAS HOLTON, GABRIELE STABILE, WILL STEACY, AND SHEN WEI, WHO WERE COMMISSIONED BY THE APERTURE FOUNDATION TO CHRONICLE THE INITIATIVE OVER THE COURSE OF A YEAR.- AIN'T NOTHING LIKE THE REAL THING: HOW THE APOLLO THEATER SHAPED AMERICAN ENTERTAINMENT (2/8/11-5/1/11) TRACE THE EVOLUTION OF THE APOLLO FROM ITS ORIGINS AS A SEGREGATED BURLESQUE HALL TO ITS STARRING ROLE AT THE EPICENTER OF AFRICAN AMERICAN ENTERTAINMENT AND AMERICAN POPULAR CULTURE. NEARLY ALL FORMS OF ENTERTAINMENT COMEDY, DANCE, SWING, JAZZ, ROCK 'N' ROLL, SOUL, HIP HOP, AND MORE WERE WELCOMED ON THE APOLLO STAGE. SERVING AS A PLACE WHERE AFRICAN AMERICAN PERFORMERS COULD START AND ADVANCE THEIR CAREERS, THE APOLLO HELPED TO LAUNCH THE CAREERS OF SOME OF THE BEST-KNOWN NAMES IN ENTERTAINMENT DANCERS CHARLES "CHOLLY" ATKINS, SAMMY DAVIS, JR., AND BILL "BOJANGLES" ROBINSON; BAND LEADERS CAB CALLOWAY AND DUKE ELLINGTON; COMEDIANS REDD FOXX AND JACKIE "MOMS" MABLEY; AND MUSICIANS RANGING FROM LOUIS ARMSTRONG, JAMES BROWN, AND LIONEL HAMPTON TO BILLIE HOLIDAY, ARETHA FRANKLIN, AND THE JACKSON FIVE.- GLORIOUS SKY: HERBERT KATZMAN'S NEW YORK (11/5/10 - 2/21/11). HERBERT KATZMAN (1923 - 2004) PRODUCED SOME OF THE MOST LYRICAL, CONTEMPORARY REPRESENTATIONS OF NEW YORK CITY, HIS ADOPTED HOME SINCE 1950. THIS CHICAGO-BORN PAINTER FIRST CAME TO PUBLIC NOTICE IN 1952 WHEN DOROTHY MILLER INCLUDED HIM IN HER SEMINAL MUSEUM OF MODERN ART EXHIBITION FIFTEEN AMERICANS ALONG WITH THE WORK OF LEADING ABSTRACT EXPRESSIONISTS SUCH AS JACKSON POLLOCK AND MARK ROTHKO. KATZMAN ESCHEWED THE PREVAILING MID-20TH-CENTURY TREND TOWARD ABSTRACTION. MUCH OF HIS WORK BEARS A RESEMBLANCE TO WHISTLER AND MEMBERS OF THE HUDSON RIVER SCHOOL. OTHER WORKS EMPHASIZE THE INKY BLACKNESS OF THE HARBOR AT NIGHT OR BRILLIANT REDS, ORANGES AND PURPLES OF NEW YORK AT SUNRISE AND SUNSET. NEW YORK'S WATERWAYS, ATMOSPHERICALLY VEILED IN SUNLIGHT, MIST, OR RAIN, ARE A PREDOMINANT SUBJECT FOR KATZMAN, AND THE CITY'S FAMILIAR BRIDGES, SKYLINE, AND LANDMARKS FIGURE PROMINENTLY IN HIS WORK.- DENYS WORTMAN REDISCOVERED: DRAWINGS FOR THE WORLD-TELEGRAM AND SUN, 1930-1953 (11/19/10-3/20/11) WAS AN EXHIBITION OF ORIGINAL CARTOON DRAWINGS MADE FOR THE WORLD-TELEGRAM AND SUN ILLUSTRATING EPISODES OF EVERYDAY LIFE IN NEW YORK CITY. FORMALLY TRAINED IN ART AT THE NEW YORK SCHOOL OF FINE AND APPLIED ART UNDER THE TUTELAGE OF ROBERT HENRI AND KENNETH HAYES MILLER, WORTMAN WAS AMONG A NEW GENERATION OF SOCIAL REALISTS WHO BELIEVED IN THE ARTISTIC POSSIBILITIES OF MODERN URBAN LIFE AS A CREATIVE SUBJECT. THE BENCHES AT UNION SQUARE, THE TENEMENT ROOFTOPS ON THE LOWER EAST SIDE, AND THE STIFLING GARMENT INDUSTRY SWEATSHOPS PROVIDED THE BACKDROPS FOR HIS DRAWINGS THAT, IN COMBINATION WITH WORTMAN'S COLORFUL CHARACTERS, INSTILL A SENSE OF PLACE THAT WAS DISTINCTLY "NEW YORK."- CO-PRESENTED WITH THE NATIONAL JEWELRY INSTITUTE, NOTORIOUS AND NOTABLE: 20TH CENTURY WOMEN OF STYLE (9/14/10-1/2/11) HIGHLIGHTED 80 PROMINENT NEW YORK WOMEN WHO USED THEIR STYLE, TALENT, OR WEALTH TO CAPTURE THE ATTENTION OF SOCIETY AND THE MEDIA. THE EXHIBITION FEATURES A RUNWAY OF ORIGINAL ATTIRE-MUCH OF IT CREATED BY THE MOST IMPORTANT DESIGNERS OF THEIR TIMES AND AN IMPRESSIVE SELECTION OF JEWELRY CRAFTED FROM THE DAWN OF THE 20TH CENTURY TO ITS CLOSE. THE EXHIBITION FEATURED SUCH CELEBRATED NEW YORK WOMEN AS MRS. CORNELIUS VANDERBILT WHITNEY, JACQUELINE KENNEDY ONASSIS, BABE PALEY, AND BARBARA WALTERS, AS WELL AS WOMEN FROM THE ARTS WORLD, INCLUDING ISADORA DUNCAN, MARIAN ANDERSON, LENA HORNE, AND LAUREN BACALL. THE EXHIBITION OFFERS AN OPPORTUNITY TO ENCOUNTER MANY OF NEW YORK'S LEADING LADIES PAST AND PRESENT THROUGH THEIR FASHION AND JEWELRY. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1951878 | Expense |
| Revenue | 246370 | Revenue |
| Description | COLLECTIONS CARE:LAUNCHED IN DECEMBER 2010, THE COLLECTIONS PORTAL IS THE PUBLIC SIDE OF A DIGITIZATION PROJECT THAT ENABLES WEB VISITORS TO DISCOVER EVER-LARGER PORTIONS OF THE MUSEUM'S COLLECTIONS. THE MUSEUM CURRENTLY OFFERS NEARLY 100,000 IMAGES OF NEW YORK CITY, THOUSANDS OF WHICH HAVE NEVER BEEN AVAILABLE FOR PUBLIC VIEWING. AND THIS IS JUST A START - MORE MATERIAL WILL BE ADDED TO THE PORTAL AS IMAGING AND CATALOGING WORK IS COMPLETED. THESE IMAGES INCLUDE SUCH LEGENDARY PHOTOGRAPHERS AS JACOB RIIS AND BERENICE ABBOTT.BY UPLOADING THOUSANDS OF HIGH-RESOLUTION IMAGES, WHICH WERE LARGELY HIDDEN AND MANY OF WHICH HAD NEVER BEFORE BEEN AVAILABLE FOR PUBLIC VIEWING, THE DIGITIZATION PROJECT HAS GIVEN THE PUBLIC ACCESS TO MANY HIDDEN RICHES IN OUR COLLECTIONS AND ANIMATED THEIR UNDERSTANDING OF THE CITY. THE CREATION OF A SEARCHABLE, ONLINE IMAGE DATABASE EPITOMIZES OUR MISSION IN THE 21ST CENTURY, WHEN INTERPRETATION AND EDUCATION HAVE BECOME INCREASINGLY INTERNET-BASED.AND THE GREATLY EXPANDED NUMBER OF PEOPLE WHO HAVE VISITED WWW.MCNY.ORG WITH THE AVAILABILITY OF DIGITAL IMAGES HAS STIMULATED AWARENESS OF THE MUSEUM NATIONALLY AND GLOBALLY. SINCE ITS UNVEILING, THE PORTAL HAS ATTRACTED OVER 62,000 VISITORS. PEOPLE FROM 126 COUNTRIES HAVE VIEWED MORE THAN 1,122,000 PORTAL PAGES.THE MUSEUM SEEKS TO PROVIDE DIGITAL ACCESS TO MORE OF ITS EXTRAORDINARY COLLECTIONS, WHICH PROVIDE AN INVALUABLE RESOURCE FOR INTERPRETING NEW YORK CITY HISTORY. OVER THE NEXT TWO YEARS, WE WILL DIGITIZE APPROXIMATELY 50,000 ADDITIONAL IMAGES, INCLUDING WORKS FROM OUR PRINTS AND DRAWINGS COLLECTION, ONE OF THE FINEST COLLECTIONS OF NEW YORK CITY ICONOGRAPHY IN THE WORLD. IT FEATURES THOUSANDS OF VIEWS OF THE CITY FROM THE 17TH - 20TH CENTURIES, INCLUDING LITHOGRAPHS, ENGRAVINGS, AND RARE MAPS, WHICH VISUALLY DOCUMENT THE HISTORY OF NEW YORK BEFORE THE INVENTION OF PHOTOGRAPHY. ADDED TO THE PHOTOGRAPHS ALREADY ON VIEW, THESE IMAGES WILL GIVE VISITORS AN UNDERSTANDING OF THE CITY'S CHANGING CULTURAL AND PHYSICAL LANDSCAPE FROM ITS EARLIEST DAYS TO THE PRESENT. WE WILL ALSO CONTINUE TO DIGITIZE ADDITIONAL IMAGES FROM THE PHOTOGRAPHY COLLECTION, AS WELL AS MATERIAL FROM OUR CELEBRATED THEATER COLLECTION. WE SEEK TO SUBSTANTIALLY INCREASE COLLECTIONS PORTAL TRAFFIC AND RIGHTS AND REPRODUCTIONS REVENUE WITH THESE NEWLY ACCESSIBLE COLLECTIONS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1365917 | Expense |
| Revenue | 327589 | Revenue |
| Description | EDUCATION:THE MUSEUM'S FREDERICK A. O. SCHWARZ CHILDREN'S CENTER PROVIDES A RICH MIX OF LESSONS, HANDS ON ACTIVITIES, AND PROFESSIONAL DEVELOPMENT WORKSHOPS. THE NUMBER OF STUDENTS AND TEACHERS WHO VISITED THE CENTER FOR EDUCATION PROGRAMS JUMPED FROM 27,910 IN FY10 BY 17% TO 33,750 IN FY11. OVER 60% OF STUDENTS AND TEACHERS ATTENDED FROM PUBLIC SCHOOLS. ABOUT 40% OF VISITORS TO THE CENTER WERE IN SECOND OR FOURTH GRADE, IN LINE WITH NEW YORK STATE'S REQUIREMENT THAT LOCAL HISTORY BE STUDIED AT THOSE LEVELS. THE MUSEUM IS COMMITTED TO SERVING OUR LOCAL COMMUNITY, AND WE PROVIDE FREE ADMISSION TO ALL EAST HARLEM SCHOOLS THROUGH FUNDING PROVIDED BY TARGET. IN 2010-11, THIRTY-TWO STUDENTS COMPLETED THE NEIGHBORHOOD EXPLORERS PROGRAM. IN 2011-12, THE MUSEUM HAS DEVELOPED VARIATIONS ON THE PROGRAM TO ENGAGE ADDITIONAL STUDENTS FROM EAST HARLEM, INCLUDING AN IN-RESIDENCE PROGRAM AT THE EAST HARLEM SCHOOL AT EXODUS HOUSE AND A FOUR-PART PROFESSIONAL DEVELOPMENT WORKSHOP FOR EDUCATORS, AND EXPECTS OVERALL PARTICIPATION TO GROW TO 100. IN 2010-11, SATURDAY ACADEMY ENROLLED 316 STUDENTS, AND EXPECTS OVER 300 TO PARTICIPATE IN 2011-12. OF THE STUDENTS WHO COMPLETED AN END-OF-TERM EVALUATION, 74% SAID THEY ARE MORE LIKELY TO STUDY HISTORY IN COLLEGE, AND 61% REPORTED THAT SATURDAY ACADEMY HELPED THEM PREPARE FOR COLLEGE IN GENERAL. IN 2010-11, THERE WERE 316 STUDENTS ENROLLED IN HISTORY DAY UNDER THE SUPERVISION OF 41 TEACHERS. WEEKEND FAMILY PROGRAMS INCREASED ATTENDANCE IN FY2011 TO 2,868 PARTICIPANTS--A 59% JUMP FROM FY10 ATTENDANCE; 22% OF ATTENDEES WERE RESIDENTS IN HOMELESS SHELTERS. THE NUMBER OF PROGRAMS OFFERED IN FY11 INCREASED BY 53% TO 29 PROGRAMS. FOR THE FIRST TIME, WE WERE ABLE TO DISTRIBUTE PRINTED PROGRAMS FOR ALL PERFORMANCES AND FREE BOOKS FOR PROGRAMS WITH AUTHORS. THE MUSEUM PROJECTED THAT 65% OF PARTICIPANTS WOULD REPORT ON PROGRAM EVALUATIONS THAT THEY HAVE EXPERIENCED A NEW CULTURE OR ART FORM AT A PERFORMANCE. THE ACTUAL NUMBER WAS 86%, AND 90% OF PARTICIPANTS SUCCESSFULLY COMPLETED WORKSHOP ACTIVITIES. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1296943 | Expense |
| Revenue | 297252 | Revenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 1296943 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 297252 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 8387549 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 143 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 178 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 43 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 43 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CARL DREYER CPA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2125341672 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1220 FIFTH AVENUE | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10029 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (51 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| TODD DEGARMO | ||||||||
| OF COUNSEL | 2.00 | X | X | 0 | 0 | 0 | ||
| JAMES G DINAN | ||||||||
| CHAIR | 2.00 | X | X | 0 | 0 | 0 | ||
| JAMES P DRUCKMAN | ||||||||
| SECRETARY | 2.00 | X | X | 0 | 0 | 0 | ||
| THOMAS M FLEXNER | ||||||||
| VICE CHAIR | 2.00 | X | X | 0 | 0 | 0 | ||
| LESLIE GODRIDGE | ||||||||
| OF COUNSEL | 2.00 | X | X | 0 | 0 | 0 | ||
| JAMES A LEBENTHAL | ||||||||
| OF COUNSEL | 2.00 | X | X | 0 | 0 | 0 | ||
| RONAY MENSCHEL | ||||||||
| VICE CHAIR | 2.00 | X | X | 0 | 0 | 0 | ||
| NEWTON PS MERRILL | ||||||||
| VICE CHAIR | 2.00 | X | X | 0 | 0 | 0 | ||
| DEIRDRE G O'BYRNE | ||||||||
| COUNSEL | 2.00 | X | X | 0 | 0 | 0 | ||
| JANE B O'CONNELL | ||||||||
| TREASURER | 2.00 | X | X | 0 | 0 | 0 | ||
| JAMES E QUINN | ||||||||
| VICE CHAIR | 2.00 | X | X | 0 | 0 | 0 | ||
| BRUNO A QUINSON | ||||||||
| VICE CHAIR | 2.00 | X | X | 0 | 0 | 0 | ||
| LAWRENCE J SIMON | ||||||||
| VICE CHAIR | 2.00 | X | X | 0 | 0 | 0 | ||
| MITCHELL S STEIR | ||||||||
| ASSISTANT TREASURER | 2.00 | X | X | 0 | 0 | 0 | ||
| ELIZABETH FARRAN TOZER | ||||||||
| ASSISTANT SECRETARY | 2.00 | X | X | 0 | 0 | 0 | ||
| HILARY BALLON | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| JEREMY H BIGGS | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| MICHAEL BRUNO | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| JAMES E BUCKMAN | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| JAMES CACIOPPO | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| JILL CHALSTY | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| MARK D'ARCY | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| MARVIN H DAVIDSON | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| VERNON EVENSON | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| BARBARA J FIFE | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| LAURA LOFARO FREEMAN | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| LORNA GOODMAN | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| JAMES HANLEY | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| SYLVIA HEMINGWAY | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| JANE HOFFMAN | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| JOAN KHOURY | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| STANFORD G LADNER | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| STEPHEN S LASH | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| NANCY MAHON | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| MARTIN J MCLAUGHLIN | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| HEBE DOWLING MURPHY | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| GURUDATTA NADKARNI | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| TRACEY PONTARELLI | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| ALLISON WHIPPLE ROCKEFELLER | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| VALERIE ROWE | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| MARY BURWELL SCHORR | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| JEFFREY S TABAK | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| DARYL BROWN UBER | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| WILLIAM C VRATTOS | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| PAULA ZAKARIA | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| SUSAN HENSHAW JONES | ||||||||
| PRESIDENT & DIRECTOR | 40.00 | X | 280826 | 0 | 24378 | |||
| CARL DREYER | ||||||||
| CFO AND VP ADMINISTRATION | 40.00 | X | 127115 | 0 | 27243 | |||
| SARAH HENRY | ||||||||
| DEPUTY DIRECTOR AND CHIEF CURATOR | 40.00 | 172397 | 0 | 31511 | X | |||
| SUSAN MADDEN | ||||||||
| SVP OF EXTERNAL AFFAIRS | 40.00 | 174892 | 0 | 21416 | X | |||
| DONALD ALBRECHT | ||||||||
| ADJUNCT CURATOR | 40.00 | 110143 | 0 | 14099 | X | |||
| BARBARA LIVENSTEIN | ||||||||
| VP OF COMMUNICATIONS | 40.00 | 102142 | 0 | 15076 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 967515 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 133723 | TotalOtherCompensation |
| Number Individuals GT100 K | 6 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| ENNEAD ARCHITECTS | |||||
| 320 WEST 13TH STREET | NEW YORK | NY | 10014 | ARCHITECTS | 611702 |
| VOLL INC | |||||
| 544 PARK AVENUE G | BROOKLYN | NY | 11205 | CONSTRUCTION | 191378 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
| Fundraising Events | 2393681 | FundraisingEvents |
| Government Grants | 1680457 | GovernmentGrants |
| All Other Contributions | 7795119 | AllOtherContributions |
| Total Contributions | 11869257 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| ADMISSIONS | 900099 | 520767 | 520767 |
| EDUCATIONAL PROGRAMS | 611710 | 327589 | 327589 |
| MEMBERSHIP DUES | 900099 | 297252 | 297252 |
| LICENSING AND OTHER FE | 900099 | 246370 | 246370 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1391978 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 312351 | TotalRevenueColumn |
| Exclusion | $312,351 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 234644 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 79696 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 154948 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 154948 | TotalRevenueColumn |
| Exclusion | $154,948 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 751493 | Securities |
| Other | 30926 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 365874 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 385619 | Securities |
| Other | 30926 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 416545 | TotalRevenueColumn |
| Exclusion | $416,545 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 239845 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 2393681 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 607637 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -367792 | TotalRevenueColumn |
| Exclusion | -$367,792 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 323851 | GrossSalesOfInventory |
| Cost Of Goods Sold | 164891 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 158960 | TotalRevenueColumn |
| Exclusion | $158,960 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 13936247 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1391978 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $675,012 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 938855 | Total |
| Program Services | 407097 | ProgramServices |
| Management And General | 350533 | ManagementAndGeneral |
| Fundraising | 181225 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4053897 | Total |
| Program Services | 3259636 | ProgramServices |
| Management And General | 143859 | ManagementAndGeneral |
| Fundraising | 650402 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 233279 | Total |
| Program Services | 187144 | ProgramServices |
| Management And General | 6947 | ManagementAndGeneral |
| Fundraising | 39188 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 534420 | Total |
| Program Services | 405064 | ProgramServices |
| Management And General | 35120 | ManagementAndGeneral |
| Fundraising | 94236 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 413328 | Total |
| Program Services | 305591 | ProgramServices |
| Management And General | 38492 | ManagementAndGeneral |
| Fundraising | 69245 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12033 | Total |
| Management And General | 12033 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26500 | Total |
| Management And General | 26500 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 42000 | Total |
| Fundraising | 42000 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 112535 | Total |
| Management And General | 112535 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1015065 | Total |
| Program Services | 1015065 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1189573 | Total |
| Program Services | 871573 | ProgramServices |
| Management And General | 139218 | ManagementAndGeneral |
| Fundraising | 178782 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 148897 | Total |
| Program Services | 54505 | ProgramServices |
| Management And General | 73155 | ManagementAndGeneral |
| Fundraising | 21237 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 596253 | Total |
| Program Services | 533583 | ProgramServices |
| Management And General | 31335 | ManagementAndGeneral |
| Fundraising | 31335 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10562 | Total |
| Management And General | 10562 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 880503 | Total |
| Program Services | 528302 | ProgramServices |
| Management And General | 308176 | ManagementAndGeneral |
| Fundraising | 44025 | Fundraising |
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | EXHIBITION DESIGN AND F | Description |
| Total | 794999 | Total |
| Program Services | 794999 | ProgramServices |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31579 | Total |
| Program Services | 24990 | ProgramServices |
| Management And General | 6139 | ManagementAndGeneral |
| Fundraising | 450 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11034278 | Total |
| Program Services | 8387549 | ProgramServices |
| Management And General | 1294604 | ManagementAndGeneral |
| Fundraising | 1352125 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2374691 | BOY |
| EOY | 2726439 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4744209 | BOY |
| EOY | 2657542 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5864445 | BOY |
| EOY | 5443381 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 78374 | BOY |
| EOY | 87174 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 145881 | BOY |
| EOY | 199804 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 23564719 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 4333270 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17448812 | BOY |
| EOY | 19231449 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9169108 | BOY |
| EOY | 13934426 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3085701 | BOY |
| EOY | 3269317 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42911221 | BOY |
| EOY | 47549532 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 779702 | BOY |
| EOY | 533276 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 54287 | BOY |
| EOY | 154208 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 833989 | BOY |
| EOY | 687484 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21298223 | BOY |
| EOY | 22594416 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12676412 | BOY |
| EOY | 15719190 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8102597 | BOY |
| EOY | 8548442 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42077232 | BOY |
| EOY | 46862048 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42911221 | BOY |
| EOY | 47549532 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 2901969 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 1882847 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 9609636 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 14440158 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 16509012 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 10439230 | CurrentTaxYearMinus1Year |
| Current Tax Year | 11869257 | CurrentTaxYear |
| Total | 62867293 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 9609636 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 14440158 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 16509012 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 10439230 | CurrentTaxYearMinus1Year |
| Current Tax Year | 11869257 | CurrentTaxYear |
| Total | 62867293 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 8048057 | AmountsSubstContributorsTotal |
| Public Support Total170 | 54819236 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 583126 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 529815 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 455732 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 418438 | CurrentTaxYearMinus1Year |
| Current Tax Year | 546995 | CurrentTaxYear |
| Total | 2534106 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | 476986 | CurrentTaxYearMinus2Years |
| Total | 476986 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 65878385 | TotalSupport |
| Gross Receipts From Admissions Etc | 10447548 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.83210 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.80130 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
| General Explanation | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS | GeneralExplanation |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 8102697 | BeginningOfYearBalance |
| Contributions | 746409 | Contributions |
| Other Expenditures | 50000 | OtherExpenditures |
| Administrative Expenses | 250564 | AdministrativeExpenses |
| End Of Year Balance | 8548542 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 5873733 | BeginningOfYearBalance |
| Contributions | 1915853 | Contributions |
| Investment Earnings Or Losses | 313111 | InvestmentEarningsOrLosses |
| End Of Year Balance | 8102697 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3987326 | BeginningOfYearBalance |
| Contributions | 1886407 | Contributions |
| End Of Year Balance | 5873733 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 18687859 | OtherCostOrOtherBasis |
| Depreciation | 3123047 | Depreciation |
| Book Value | 15564812 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 64506 | OtherCostOrOtherBasis |
| Depreciation | 13507 | Depreciation |
| Book Value | 50999 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 581259 | OtherCostOrOtherBasis |
| Depreciation | 249331 | Depreciation |
| Book Value | 331928 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4231095 | OtherCostOrOtherBasis |
| Depreciation | 947385 | Depreciation |
| Book Value | 3283710 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 19231449 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| KING STREET LIMITED PARTNERSHIP | 2248538 | F |
| TACONIC OPPORTUNITY OFFSHORE FUND | 1020779 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 3269317 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| CAPITAL LEASE OBLIGATIONS | $38,278 |
| DEFERED RENT EXPENSE | $115,930 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 154208 | TotalOfAmounts |
| Total Revenue | 13936247 | TotalRevenue |
| Total Expenses | 11034278 | TotalExpenses |
| Excess Or Deficit For Year | 2901969 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 1803151 | NetUnrealizedGLOnInvestments |
| Other | $79,696 | OtherAmount |
| Total Adjustments | 1882847 | TotalAdjustments |
| Excess Or Deficit Per FS | 4784816 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 16097159 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1803151 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 390600 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 79696 | OtherRevenues |
| Revenue Not Rptd F990 | 2273447 | RevenueNotRptdF990 |
| Revenue Subtotal | 13823712 | RevenueSubtotal |
| Investment Expenses Not Included | 112535 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 112535 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 13936247 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 11312343 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 390600 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 390600 | ExpensesNotRptdF990 |
| Expenses Subtotal | 10921743 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 112535 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 112535 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 11034278 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 1A: | THE MUSEUM'S COLLECTION, WHICH WAS ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE ITS INCEPTION, IS NOT RECOGNIZED AS AN ASSET ON THE ACCOMPANYING BALANCE SHEET. COLLECTION ITEMS ARE EXPENSED WHEN ACQUIRED. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. DETAILED INVENTORY RECORDS, HOWEVER, ARE MAINTAINED FOR COLLECTIONS. THE VALUE OF THE COLLECTION IS NOT READILY DETERMINABLE AND THE MUSEUM DOES NOT INSURE THE COLLECTION FOR THE COST OF ITS REPLACEMENT. | |
| PART V, LINE 4: | THE MUSEUM HAS DONOR-RESTRICTED ENDOWMENT FUNDS ESTABLISHED TO HELP FUND VARIOUS PROJECTS AT THE MUSEUM | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| PART X: | UNCERTAINTY IN INCOME TAXES - THE MUSEUM HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING JUNE 30, 2008 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| RENTAL EXPENSES 79,696. | PART XI, LINE 8 - OTHER ADJUSTMENTS: | |
| RENTAL EXPENSES 79,696. | PART XII, LINE 2D - OTHER ADJUSTMENTS: |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Individual | MARK GILBERTSON | NameOfIndividual |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 22 EAST 81ST ST | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10028 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | DIRECTOR'S COUNCIL EVENTS | Activity |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFunds |
| Gross Receipts | 844525 | GrossReceipts |
| Amount Retained By Contractor | 42000 | AmountRetainedByContractor |
| Net To Organization | 802525 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 844525 | TotalGrossReceipts |
| Total Retained By Contractors | 42000 | TotalRetainedByContractors |
| Total Net To Organization | 802525 | TotalNetToOrganization |
| Licensed States | NY | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | CHAIRMAN'S LEADERSHIP AWARD DINNER | NameOfEvent1 |
| Gross Receipts Event1 | 1132400 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 1049000 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 83400 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 41480 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 10813 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 19537 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 43345 | OtherDirectExpensesEvent1 |
| Name Of Event2 | WINTER BALL | NameOfEvent2 |
| Gross Receipts Event2 | 491600 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 423900 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 67700 | GrossRevenueEvent2 |
| Rent Facility Costs Event2 | 43875 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 20125 | FoodAndBeverageEvent2 |
| Entertainment Event2 | 10599 | EntertainmentEvent2 |
| Other Direct Expenses Event2 | 65707 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 4 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 1009526 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 920781 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 88745 | GrossRevenueOtherEvents |
| Rent Facility Costs Other Events | 88411 | RentFacilityCostsOtherEvents |
| Food And Beverage Other Events | 34502 | FoodAndBeverageOtherEvents |
| Entertainment Other Events | 6214 | EntertainmentOtherEvents |
| Other Direct Expenses Other Events | 223029 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 2633526 | GrossReceiptsTotal |
| Charitable Contributions Total | 2393681 | CharitableContributionsTotal |
| Gross Revenue Total Events | 239845 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 173766 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 65440 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 36350 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 332081 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 607637 | DirectExpenseSummaryEvents |
| Net Income Summary | -367792 | NetIncomeSummary |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (4 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SUSAN HENSHAW JONES | |||||||||||||
| 279341 | 0 | 0 | 0 | 1485 | 0 | 24378 | 0 | 0 | 0 | 305204 | 0 | 0 | 0 |
| CARL DREYER | |||||||||||||
| 126857 | 0 | 0 | 0 | 258 | 0 | 14278 | 0 | 12965 | 0 | 154358 | 0 | 0 | 0 |
| SARAH HENRY | |||||||||||||
| 172191 | 0 | 0 | 0 | 206 | 0 | 18656 | 0 | 12855 | 0 | 203908 | 0 | 0 | 0 |
| SUSAN MADDEN | |||||||||||||
| 174707 | 0 | 0 | 0 | 185 | 0 | 18681 | 0 | 2735 | 0 | 196308 | 0 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | MR. QUINSON AND MS. GOODMAN HAVE A FAMILY RELATIONSHIP. MR. DINAN, MR. BUCKMAN AND MR. VRATTOS HAVE A BUSINESS RELATIONSHIP | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE 990 IS PRESENTED TO THE BOARD FOR REVIEW AT THE LAST BOARD MEETING BEFORE THE 990 IS DUE. | |
| EACH MEMBER, TRUSTEE, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD-DELEGATED POWERS SHALL ANNUALLY SIGN A CONFLICT OF INTEREST FORM. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE TRUSTEES AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIRMAN OR THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER MCNY CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED TRUSTEES WHETHER THE TRANSACTION OR ARRANGEMENT IS IN MCNY'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. ANY DECISION BY A COMMITTEE SHALL BE SUBJECT TO REVIEW AND DETERMINATION BY THE GOVERNING BOARD SHOULD IT ELECT TO DO SO. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 1,803,151. RENTAL EXPENSES | FORM 990, PART XI, LINE 5: |
| PROCESS HAS NOT CHANGED FROM PRIOR YEAR | FORM 990, PART XII, LINE 2C |
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