FILM AT LINCOLN CENTER INC: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: FILM AT LINCOLN CENTER INC (EIN 23-7042553)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-11-26
IRS object ID: 201213319349300221
Schema version: 2011v1.2
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule G
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-11-26T14:30:10-06:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	131655065	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LUTZ AND CARR CPAS LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	300 EAST 42ND STREET	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	2011-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	237042553	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	FILM SOCIETY OF LINCOLN CENTER INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	FILM	NameControl
Phone	2128755610	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	70 LINCOLN CENTER PLAZA	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10023	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	ROSE KUO	Name
Title	EXECUTIVE DIRECTOR	Title
Phone	2128755610	Phone
Date Signed	2012-11-26	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	FREDERICK MARTENS	Name
PTIN	P00298107	PTIN
Phone	2126972299	Phone

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	ROSE KUO	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	70 LINCOLN CENTER PLAZA	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10023	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	13784292	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.FILMLINC.COM	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1969	YearFormation
State Legal Domicile	NY	StateLegalDomicile
Activity Or Mission Description	IN 2011, THE ELINOR BUNIN MONROE FILM CENTER OPENED TO THE PUBLIC.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	43	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	43	NbrIndependentVotingMembers
Total Nbr Employees	113	TotalNbrEmployees
Total Nbr Volunteers	0	TotalNbrVolunteers
Total Gross UBI	235675	TotalGrossUBI
Net Unrelated Business Txbl Income	-250	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	11217783	ContributionsGrantsPriorYear
Contributions Grants Current Year	8842888	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	2163545	ProgramServiceRevenuePriorYear
Program Service Revenue CY	3080823	ProgramServiceRevenueCY
Investment Income Prior Year	126151	InvestmentIncomePriorYear
Investment Income Current Year	104815	InvestmentIncomeCurrentYear
Other Revenue Prior Year	345410	OtherRevenuePriorYear
Other Revenue Current Year	403602	OtherRevenueCurrentYear
Total Revenue Prior Year	13852889	TotalRevenuePriorYear
Total Revenue Current Year	12432128	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	4250699	SalariesEtcPriorYear
Salaries Etc Current Year	5165013	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	83700	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	1094067	TotalFundrsngExpCurrentYear
Other Expense Prior Year	4227570	OtherExpensePriorYear
Other Expenses Current Year	6173975	OtherExpensesCurrentYear
Total Expenses Prior Year	8561969	TotalExpensesPriorYear
Total Expenses Current Year	11338988	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	5290920	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	1093140	RevenuesLessExpensesCY
Total Assets BOY	52967672	TotalAssetsBOY
Total Assets EOY	55971672	TotalAssetsEOY
Total Liabilities BOY	10578174	TotalLiabilitiesBOY
Total Liabilities EOY	12636858	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	42389498	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	43334814	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	THE FILM SOCIETY OF LINCOLN CENTER, INC. WAS FORMED TO DEVELOP, STIMULATE, AND SUPPORT THE ART OF FILM AND RELATED MEDIA BY THE PRESENTATION OF A FILM FESTIVAL OR FESTIVALS AT LINCOLN CENTER OR ELSEWHERE; THE SHOWING OF SELECTED PROGRAMS OF FILM; THE ENCOURAGEMENT OF THE STUDY OF FILM THROUGH SEMINARS, TEACHING PROGRAMS AND OTHERWISE AT SCHOOLS, COLLEGES AND OTHER INSTITUTIONS; THE DEVELOPMENT OF EDUCATIONAL PROGRAMS INVOLVING THE USE OF FILM AND THE USE OF FILM FOR TRAINING PROGRAMS, EMPLOYEE SERVICES AND THE IMPROVEMENT OF SOCIAL CONDITIONS; AND PARTICIPATING IN ANY AND ALL MATTERS IN CONJUNCTION WITH OR INDEPENDENT OF OTHERS IN SPONSORING, PROMOTING AND IMPROVING THE FILM MEDIA.	MissionDescription
Significant New Program Services	1	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	3509781	Expense
Revenue	935064	Revenue
Description	WALTER READE THEATER PROGRAMMINGWALTER READE THEATER IS THE FILM SOCIETY OF LINCOLN CENTER'S EXCLUSIVE THEATER AND HOME TO A 363-DAY SEASON THAT INCLUDES PREMIERES OF NEW FILMS FROM AN INTERNATIONAL ROSTER OF ESTABLISHED AND EMERGING DIRECTORS; MAJOR RETROSPECTIVES; IN-DEPTH SYMPOSIA AND HIGH PROFILE EVENTS. THE STATE-OF-THE-ART, YEAR-ROUND CINEMA, HAS A 268-PERSON CAPACITY, CONCESSIONS STAND, AS WELL AS GALLERY SPACE FOR PANEL DISCUSSIONS, MEETINGS AND SPECIAL EVENTS. EACH YEAR, THE THEATER WELCOMES AN AGGREGATE AUDIENCE OF MORE THAN 250,000 FILM AFICIONADOS, FILMMAKERS, AND INDUSTRY LEADERS OF EVERY NATIONALITY, AGE, ECONOMIC, AND ETHNIC GROUP.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	2456508	Expense
Revenue	1211912	Revenue
Description	FESTIVALSWHILE BEST KNOWN FOR TWO WORLD-CLASS INTERNATIONAL FESTIVALS - THE NEW YORK FILM FESTIVAL AND NEW DIRECTORS/NEW FILMS (CELEBRATING NEW CINEMATIC ARTISTS) - THE FILM SOCIETY IS EQUALLY DISTINGUISHED FOR ITS INNOVATIVE PROGRAMMING YEAR-ROUND. THE ACTIVE SCHEDULE INCLUDES THE AFRICAN FILM FESTIVAL, THE NEW YORK JEWISH FILM FESTIVAL, RENDEZ-VOUS WITH FRENCH CINEMA, THE HUMAN RIGHTS WATCH INTERNATIONAL FILM FESTIVAL, SPANISH CINEMA NOW, AND THE GREEN SCREENS, A MONTHLY FILM AND ACCOMPANYING PANEL DISCUSSION ON ENVIRONMENTAL TOPICS. INTERNATIONAL AND ETHNIC SERIES ARE PRESENTED IN PARTNERSHIP WITH CULTURAL AND DIPLOMATIC ORGANIZATIONS THAT ASSIST US IN OUR EFFORTS TO REACH THEIR COMMUNITIES.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	1398175	Expense
Revenue	476833	Revenue
Description	EBM FILM CENTERTHE FILM SOCIETY OF LINCOLN CENTER'S NEW LANDMARK, STATE-OF-THE-ART, ELINOR BUNIN MUNROE FILM CENTER, IS A MULTI-SCREEN THEATER AND CULTURAL VENUE OPENED TO THE PUBLIC IN THE HEART OF LINCOLN CENTER'S CAMPUS IN JUNE OF 2011. THE NEW FILM CENTER, NAMED AFTER FSLC BOARD MEMBER, AND AWARD-WINNING FILMMAKER AND DESIGNER ELINOR BUNIN MUNROE, IS PART OF THE 16-ACRE LINCOLN CENTER CAMPUS REDEVELOPMENT AND HAS BEEN DESIGNED BY DAVID ROCKWELL AND ROCKWELL GROUP WHO ALSO COLLABORATED WITH DILLER SCOFIDIO AND RENFRO ON THE EXTERIOR. THE 17,500 SQUARE FOOT VENUE HOUSES TWO THEATERS, AN AMPITHEATER AND A CAFE. THE 150-SEAT FRANCESCA BEALE THEATER AND THE INTIMATE 90-SEAT HOWARD GILMAN THEATER SCREEN A COMBINATION OF NEW FILM RELEASES AND SPECIAL PROGRAMS. THE AMPHITHEATER, WITH A 152" PANASONIC PLASMA SCREEN (THE LARGEST OF ITS KIND ON PUBLIC DISPLAY IN THE COUNTRY) HOUSES LECTURES, PANELS AND EDUCATIONAL PROGRAMS.	Description

Activity Other ActivityOther

Field	Value	IRS element (for citing)
Expense	1239555	Expense
Revenue	339618	Revenue
Description	MEMBERSHIP PROGRAMS & FILM COMMENT MAGAZINE	Description

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	1239555	TotalOfOtherProgramServiceExp
Total Of Other Program Service Rev	339618	TotalOfOtherProgramServiceRev
Total Program Service Expense	8604019	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	1	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	0	LobbyingActivities
Subject To Proxy Tax	0	SubjectToProxyTax
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	0	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	1	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	0	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	0	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	135	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	113	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	1	UnrelatedBusinessIncome
Form990-T Filed	1	Form990-TFiled
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	0	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	0	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	1	CompensationProcessCEO
Compensation Process Other	1	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
States Where Copy Of Return Is Filed	NY	StatesWhereCopyOfReturnIsFiled
Own Website	X	OwnWebsite
Other Website	X	OtherWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	THE ORGANIZATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	2128755610	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	70 LINCOLN CENTER PLAZA	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10023	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (52 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	FormerFormer
ANN TENENBAUM
CHAIRMAN	1.00	X	X	0	0	0
DANIEL H STERN
PRESIDENT	1.00	X	X	0	0	0
JULIEN J STUDLEY
CHAIRMAN OF THE EXECUTIVE COMMITTEE	1.00	X		0	0	0
HENRY MCGEE
VICE CHAIRMAN	1.00	X		0	0	0
IRA M RESNICK
VICE CHAIRMAN	1.00	X		0	0	0
IRA S RIMERMAN
VICE CHAIRMAN	1.00	X		0	0	0
ABIGAIL HIRSCHHORN BEROUTSOS
VICE PRESIDENT	1.00	X		0	0	0
LISA EHRENKRANZ
VICE PRESIDENT	1.00	X		0	0	0
RONNIE PLANALP
VICE PRESIDENT	1.00	X		0	0	0
BERNARD L SCHWARTZ
VICE PRESIDENT	1.00	X		0	0	0
WENDY KEYS
SECRETARY	1.00	X		0	0	0
BENNETT GOODMAN
TREASURER	1.00	X		0	0	0
FRANCESCA BEALE
DIRECTOR	1.00	X		0	0	0
WILLIAM L BERNHARD
DIRECTOR	1.00	X		0	0	0
HELEN BERNSTEIN
DIRECTOR	1.00	X		0	0	0
GERRY CARDINALE
DIRECTOR	1.00	X		0	0	0
CHARLOTTE CHANDLER
DIRECTOR	1.00	X		0	0	0
CHARLES COHEN
DIRECTOR	1.00	X		0	0	0
ELISSA F CULLMAN
DIRECTOR	1.00	X		0	0	0
ROY L FURMAN
DIRECTOR	1.00	X		0	0	0
AUSTIN HEARST
DIRECTOR	1.00	X		0	0	0
KRIS F HEINZELMAN
DIRECTOR	1.00	X		0	0	0
PETER HERBST
DIRECTOR	1.00	X		0	0	0
SUSAN HESS
DIRECTOR	1.00	X		0	0	0
TARA KELLEHER
DIRECTOR	1.00	X		0	0	0
FREDERICK R KOCH
DIRECTOR	1.00	X		0	0	0
JOANNE KOCH
DIRECTOR	1.00	X		0	0	0
EDWARD H MEYER
DIRECTOR	1.00	X		0	0	0
ELINOR BUNIN MUNROE
DIRECTOR	1.00	X		0	0	0
SI NEWHOUSE JR
DIRECTOR	1.00	X		0	0	0
CARLOS PEREZ
DIRECTOR	1.00	X		0	0	0
MARK PERLBINDER
DIRECTOR	1.00	X		0	0	0
SCOTT RESNICK
DIRECTOR	1.00	X		0	0	0
ELIZABETH REDLEAF
DIRECTOR	1.00	X		0	0	0
JOHN G ROCHE
DIRECTOR	1.00	X		0	0	0
ROBERT ROSENKRANZ
DIRECTOR	1.00	X		0	0	0
MITCHELL STEIR
DIRECTOR	1.00	X		0	0	0
LIZ SWIG
DIRECTOR	1.00	X		0	0	0
YAEL TAQQU
DIRECTOR	1.00	X		0	0	0
LILLIAN VERNON
DIRECTOR	1.00	X		0	0	0
LINDA VESTER
DIRECTOR	1.00	X		0	0	0
JEFFREY C WALKER
DIRECTOR	1.00	X		0	0	0
NATASHA ZIFF
DIRECTOR	1.00	X		0	0	0
WILLIAM HARE
CHIEF OPERATING OFFICER	40.00		X	165590	0	7908
ROSE KUO
EXECUTIVE DIRECTOR	40.00		X	258287	0	47875
THOMAS R MICHEL
DIRECTOR OF DEVELOPMENT	40.00			216952	0	58925	X
RICHARD PENA
PROGRAM DIRECTOR	40.00			161411	0	139886	X
MARIANE MASONE
ASSOCIATE DIRECTOR OF PROGRAMMING	40.00			112015	0	119516		X
SCOTT T FOUNDAS
ASSOCIATE PROGRAM DIRECTOR	40.00			102052	0	13559		X
COURTNEY OTT
DIRECTOR OF MARKETING AND PR	40.00			143401	0	8003		X
DON SCHUL
SENIOR PROJECTIONIST	40.00			107426	0	9088		X
MARA MANUS
FORMER EXECUTIVE DIRECTOR	40.00			144183	0	7590			X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	1411317	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	412350	TotalOtherCompensation
Number Individuals GT100 K	9	NumberIndividualsGT100K
Formers Listed	1	FormersListed
Total Comp GT150 K	1	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
LINCOLN CENTER FOR THE PERFORMING ARTS
70 LINCOLN CENTER PLAZA	NEW YORK	NY	10023	CORPORATE SUPPORT SERVICES	8391537
YORKE CONSTRUCTION CORPORATION
140 WEST 31ST ST 4TH FL	NEW YORK	NY	10001	ARCHITECTURAL SERVICES	4988447
LINCOLN CENTER DEVELOPMENT PROJECT
70 LINCOLN CENTER PLAZA	NEW YORK	NY	10023	ARCHITECTURAL SERVICES	572391
BLUE STATE DIGITAL
5 WEST 20TH STREET 1	NEW YORK	NY	10011	WEB SITE DEVELOPMENT CONSULTING SERVICES	113824
RADIANT CONSULTING LLC
THE STONE HOUSE SUITE 3 1111 ROUT	GARRISON	NY	10524	CONSTRUCTION CONSULTING SERVICES	107995

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	5	NumberOfContractorsGT100K
Fundraising Events	723466	FundraisingEvents
Government Grants	87800	GovernmentGrants
All Other Contributions	8031622	AllOtherContributions
Total Contributions	8842888	TotalContributions

Program Service Revenue ProgramServiceRevenue (4 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	Unrelated Business RevenueUnrelatedBusinessRevenue	ExclusionExclusionAmount
ADMISSIONS/TICKET SALE	713990	2540151	2540151
SUBSCRIPTION REVENUE	511120	250508	250508
ADVERTISING	541800	235675		235675
CAFE COMMISSIONS	722210	54489			$54,489

Field	Value	IRS element (for citing)
Total Program Service Revenue	3080823	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	74752	TotalRevenueColumn
Exclusion	$74,752	ExclusionAmount

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	230834	Real

Less Rental Expenses LessRentalExpenses

Field	Value	IRS element (for citing)
Real	0	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	230834	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	230834	TotalRevenueColumn
Exclusion	$230,834	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	1053583	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	1023520	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	30063	Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	30063	TotalRevenueColumn
Exclusion	$30,063	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	272334	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	723466	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	272334	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	139968	GrossSalesOfInventory
Cost Of Goods Sold	56310	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	83658	TotalRevenueColumn
Related Or Exempt Function Income	83658	RelatedOrExemptFunctionIncome

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	MISCELLANEOUS	Description
Business Code	900099	BusinessCode
Total Revenue Column	89110	TotalRevenueColumn
Related Or Exempt Function Income	89110	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	89110	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	12432128	TotalRevenueColumn
Related Or Exempt Function Income	2963427	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	235675	UnrelatedBusinessRevenue
Exclusion	$390,138	ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	1055776	Total
Program Services	543742	ProgramServices
Management And General	192513	ManagementAndGeneral
Fundraising	319521	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	3446224	Total
Program Services	2831312	ProgramServices
Management And General	460424	ManagementAndGeneral
Fundraising	154488	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	92130	Total
Program Services	69768	ProgramServices
Management And General	13181	ManagementAndGeneral
Fundraising	9181	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	254680	Total
Program Services	227087	ProgramServices
Management And General	27593	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	316203	Total
Program Services	239454	ProgramServices
Management And General	45239	ManagementAndGeneral
Fundraising	31510	Fundraising

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	55733	Total
Management And General	55733	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	51647	Total
Management And General	51647	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	1156803	Total
Program Services	770059	ProgramServices
Management And General	247036	ManagementAndGeneral
Fundraising	139708	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	235511	Total
Program Services	164394	ProgramServices
Management And General	55932	ManagementAndGeneral
Fundraising	15185	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	317743	Total
Program Services	279126	ProgramServices
Management And General	18744	ManagementAndGeneral
Fundraising	19873	Fundraising

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	900883	Total
Program Services	685605	ProgramServices
Management And General	161979	ManagementAndGeneral
Fundraising	53299	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	358336	Total
Program Services	311088	ProgramServices
Management And General	12182	ManagementAndGeneral
Fundraising	35066	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	175139	Total
Program Services	19206	ProgramServices
Management And General	153406	ManagementAndGeneral
Fundraising	2527	Fundraising

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	883458	Total
Program Services	792004	ProgramServices
Management And General	53906	ManagementAndGeneral
Fundraising	37548	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	89487	Total
Program Services	47506	ProgramServices
Management And General	35730	ManagementAndGeneral
Fundraising	6251	Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
HALL RENTAL	577291	577291
EVENTS AND RECEPTIONS	540253	391875	13117	135261
FILM RENTAL & TRANSPORT	320370	320370
PRINTING & PUBLICATIONS	275336	222222	17166	35948

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	235985	Total
Program Services	111910	ProgramServices
Management And General	25374	ManagementAndGeneral
Fundraising	98701	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	11338988	Total
Program Services	8604019	ProgramServices
Management And General	1640902	ManagementAndGeneral
Fundraising	1094067	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	3284914	BOY
EOY	2764576	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	30461	BOY
EOY	788893	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	8218493	BOY
EOY	8918623	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	158669	BOY
EOY	426180	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	77331	BOY
EOY	47689	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	46475859	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	6582753	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	5566057	BOY
EOY	39893106	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	4935416	BOY
EOY	3127908	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	30696331	BOY
EOY	4697	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	52967672	BOY
EOY	55971672	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	3616665	BOY
EOY	2130855	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	261509	BOY
EOY	236003	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	6500000	BOY
EOY	9500000	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
BOY	200000	BOY
EOY	750000	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	20000	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	10578174	BOY
EOY	12636858	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	8974808	BOY
EOY	40369486	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	32632336	BOY
EOY	2182974	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	782354	BOY
EOY	782354	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	42389498	BOY
EOY	43334814	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	52967672	BOY
EOY	55971672	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	1093140	ReconcilationRevenueExpenses
Reconcilation Other Changes	-147824	ReconcilationOtherChanges
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	11161591	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	12277045	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	7045423	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	11217783	CurrentTaxYearMinus1Year
Current Tax Year	8842888	CurrentTaxYear
Total	50544730	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	11161591	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	12277045	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	7045423	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	11217783	CurrentTaxYearMinus1Year
Current Tax Year	8842888	CurrentTaxYear
Total	50544730	Total

Field	Value	IRS element (for citing)
Amounts Subst Contributors Total	13872035	AmountsSubstContributorsTotal
Public Support Total170	36672695	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	260067	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	350187	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	276387	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	238728	CurrentTaxYearMinus1Year
Current Tax Year	305586	CurrentTaxYear
Total	1430955	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	91344	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	51424	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	113958	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	124446	CurrentTaxYearMinus1Year
Current Tax Year	89110	CurrentTaxYear
Total	470282	Total

Field	Value	IRS element (for citing)
Total Support	52445967	TotalSupport
Gross Receipts From Admissions Etc	13321601	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.69920	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.66510	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

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

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	1095303	BeginningOfYearBalance
Investment Earnings Or Losses	-15156	InvestmentEarningsOrLosses
Administrative Expenses	54629	AdministrativeExpenses
End Of Year Balance	1025518	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	1081601	BeginningOfYearBalance
Investment Earnings Or Losses	68814	InvestmentEarningsOrLosses
Administrative Expenses	55112	AdministrativeExpenses
End Of Year Balance	1095303	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	1090761	BeginningOfYearBalance
Investment Earnings Or Losses	207858	InvestmentEarningsOrLosses
Administrative Expenses	217018	AdministrativeExpenses
End Of Year Balance	1081601	EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	1474062	BeginningOfYearBalance
Investment Earnings Or Losses	-383301	InvestmentEarningsOrLosses
End Of Year Balance	1090761	EndOfYearBalance

Field	Value	IRS element (for citing)
Permanent Endowment EOY Balance	0.76290	PermanentEndowmentEOYBalance
Term Endowment EOY Balance	0.23710	TermEndowmentEOYBalance
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	44640627	OtherCostOrOtherBasis
Depreciation	5823410	Depreciation
Book Value	38817217	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1835232	OtherCostOrOtherBasis
Depreciation	759343	Depreciation
Book Value	1075889	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	39893106	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	SECURITY DEPOSIT PAYABLE	Description
Amount	$20,000	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	20000	TotalOfAmounts
Total Revenue	12432128	TotalRevenue
Total Expenses	11338988	TotalExpenses
Excess Or Deficit For Year	1093140	ExcessOrDeficitForYear
Other	-$147,824	OtherAmount
Total Adjustments	-147824	TotalAdjustments
Excess Or Deficit Per FS	945316	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	12284304	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	-147824	NetUnrealizedGainsInvestments
Revenue Not Rptd F990	-147824	RevenueNotRptdF990
Revenue Subtotal	12432128	RevenueSubtotal
Revenue Not Rptd On Fin Stmt	0	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	12432128	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	11338988	TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F990	0	ExpensesNotRptdF990
Expenses Subtotal	11338988	ExpensesSubtotal
Expenses Not Rptd On Fin Stmt	0	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	11338988	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:	PART V, LINE 4:	THE ENDOWMENT IS TO HELP ACHIEVE THE OVERALL OBJECTIVES OF THE ORGANIZATION AND TO ENABLE THE ORGANIZATION TO INCREASE BOTH LEVELS OF CONTINUING SUPPORT AND THE RANGE OF CONTRIBUTORS TO ITS PROGRAMS. EARNINGS FROM THE ENDOWMENT ARE RESTRICTED AND ARE AVAILABLE TO BE USED FOR OPERATIONS, PROGRAMS, OR REINVESTMENT UPON BOARD APPROVAL.
DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:	PART X:	MANAGEMENT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANICAL STATEMENTS.
PART XI, LINE 8 - OTHER ADJUSTMENTS:		UNREALIZED LOSS ON INVESTMENTS -147,824.

Schedule G IRS990ScheduleG

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	ANNUAL GALA BENEFIT	NameOfEvent1
Gross Receipts Event1	995800	GrossReceiptsEvent1
Charitable Contributions Event1	723466	CharitableContributionsEvent1
Gross Revenue Event1	272334	GrossRevenueEvent1
Rent Facility Costs Event1	96349	RentFacilityCostsEvent1
Food And Beverage Event1	175985	FoodAndBeverageEvent1
Gross Receipts Total	995800	GrossReceiptsTotal
Charitable Contributions Total	723466	CharitableContributionsTotal
Gross Revenue Total Events	272334	GrossRevenueTotalEvents
Rent Facility Costs Total Events	96349	RentFacilityCostsTotalEvents
Food And Beverage Total Events	175985	FoodAndBeverageTotalEvents
Direct Expense Summary Events	272334	DirectExpenseSummaryEvents
Net Income Summary	0	NetIncomeSummary

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Substantiation Required	1	SubstantiationRequired
Written Employment Contract	X	WrittenEmploymentContract
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	1	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 (7 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
WILLIAM HARE
165254	0	0	0	336	0	0	0	7908	0	173498	0	0	0
ROSE KUO
257321	0	0	0	966	0	23791	0	24084	0	306162	0	0	0
THOMAS R MICHEL
215986	0	0	0	966	0	32081	0	26844	0	275877	0	0	0
RICHARD PENA
160002	0	0	0	1409	0	129477	0	10409	0	301297	0	0	0
MARIANE MASONE
110637	0	0	0	1378	0	110068	0	9448	0	231531	0	0	0
COURTNEY OTT
143131	0	0	0	270	0	0	0	8003	0	151404	0	0	0
MARA MANUS
144183	0	0	0	0	0	0	0	7590	0	151773	0	151773	0

Form990 Schedule J Part III Form990ScheduleJPartIII

Field	Value	IRS element (for citing)
Return Reference	PART I, LINE 4A	ReturnReference
Explanation	FORMER EXECUTIVE DIRECTOR MARA MANUS - COMPENSATION OF $144,183 AND BENEFITS OF $7,590 WERE PAID IN 2011 UNDER A PRIOR YEAR SEVERANCE AGREEMENT.	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
NEW PROGRAM SERVICES	FORM 990, PART III, LINE 2	THE FILM SOCIETY OF LINCOLN CENTER'S NEW LANDMARK, STATE-OF-THE-ART, ELINOR BUNIN MUNROE FILM CENTER, IS A MULTI-SCREEN THEATER AND CULTURAL VENUE OPENED TO THE PUBLIC IN THE HEART OF LINCOLN CENTER'S CAMPUS IN JUNE OF 2011. THE NEW FILM CENTER, NAMED AFTER FSLC BOARD MEMBER, AND AWARD-WINNING FILMMAKER AND DESIGNER ELINOR BUNIN MUNROE, IS PART OF THE 16-ACRE LINCOLN CENTER CAMPUS REDEVELOPMENT AND HAS BEEN DESIGNED BY DAVID ROCKWELL AND ROCKWELL GROUP WHO ALSO COLLABORATED WITH DILLER SCOFIDIO AND RENFRO ON THE EXTERIOR. THE 17,500 SQUARE FOOT VENUE HOUSES TWO THEATERS, AN AMPITHEATER AND A CAFE. THE 150-SEAT FRANCESCA BEALE THEATER AND THE INTIMATE 90-SEAT HOWARD GILMAN THEATER SCREEN A COMBINATION OF NEW FILM RELEASES AND SPECIAL PROGRAMS. THE AMPHITHEATER, WITH A 152" PANASONIC PLASMA SCREEN (THE LARGEST OF ITS KIND ON PUBLIC DISPLAY IN THE COUNTRY) HOUSES LECTURES, PANELS AND EDUCATIONAL PROGRAMS.
	FORM 990, PART VI, SECTION A, LINE 8B	COMMITTEES ARE COMPOSED OF SUB-GROUPS OF INDIVIDUALS ALSO SERVING ON THE BOARD OF DIRECTORS. THESE COMMITTEES ARE ORGANIZED TO PROVIDE GUIDANCE AND CONSULTATION FOR THE ORGANIZATION. COMMITTEES ALONE ARE NOT GRANTED EXPLICIT AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. ANY SIGNIFICANT CHANGES OR ACTIONS TAKEN BY THE ORGANIZATION ARE SUBJECT TO THE APPROVAL OF THE GOVERNING BODY (IE, BOARD OF DIRECTORS.) BOARD MEETINGS ARE HELD QUARTERLY AND ARE FULLY DOCUMENTED IN MINUTES WHICH ARE APPROVED BY THE BOARD AT EACH SUBSEQUENT BOARD MEETING.
	FORM 990, PART VI, SECTION B, LINE 11	FORM 990 IS PREPARED BY THE ORGANIZATION'S DIRECTOR OF FINANCE AND SENIOR ACCOUNTANT IN CONJUNCTION WITH THE ORGANZATION'S AUDIT FIRM. ONCE PREPARED, THE FORM 990 IS FIRST REVIEWED BY SPECIFIC OFFICERS OF THE FILM SOCIETY OF LINCOLN CENTER INCLUDING THE EXECUTIVE DIRECTOR, CHIEF OPERATING OFFICER, DIRECTOR OF FINANCE, AND SENIOR ACCOUNTANT. ONCE APPROVED, THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S TREASURER AND FINANCE COMMITTEE. WITH THEIR APPROVAL, THE FORM 990 IS THEN REVIEWED AND APPROVED BY PRESIDENT AND CHAIRMAN OF THE ORGANIZATION'S BOARD OF DIRECTORS.
	FORM 990, PART VI, SECTION B, LINE 12C	ANNUALLY, EACH BOARD MEMBER WILL BE PROVIDED WITH AND ASKED TO REVIEW A COPY OF THE CONFLICT OF INTEREST POLICY, AND TO ACKNOWLEDGE BY QUESTIONNAIRE, THAT S/HE HAS DONE SO. EACH BOARD MEMBER IS REQUIRED TO COMPLETE AND SIGN THE QUESTIONNAIRE, IDENTIFYING ANY RELATIONSHIPS, POSITION OR CIRCUMSTANCES IN WHICH S/HE IS INVOLVED THAT S/HE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST. THE PRESIDENT AND/OR THE CHAIRMAN SHALL DISCLOSE TO THE FINANCE/AUDIT COMMITTEE OF THE BOARD OF DIRECTORS ALL POTENTIAL CONFLICTS OF INTEREST REPORTED TO HIM OR HER UNDER THIS POLICY. THE FINANCE/AUDIT COMMITTEE WILL EVALUATE THE DISCLOSURES TO DETERMINE WHETHER THEY INVOLVE ACTUAL CONFLICTS OF INTEREST AND MAY ATTEMPT TO DEVELOP ALTERNATIVES TO REMOVE THE CONFLICT FROM THE SITUATION. THE INTERESTED BOARD MEMBER SHALL NOT BE PRESENT OR SHALL LEAVE ANY MEETING WHERE THE CONFLICT IS BEING VOTED UPON, BUT MAY, AT THE OPTION OF THE BOARD OR COMMITTEE, BE PRESENT PRIOR TO THE VOTE OR DISCUSSION OF THE VOTE TO MAKE A PRESENTATION TO THE BOARD, DISCLOSE ADDITIONAL FACTS, OR RESPOND TO QUESTIONS.
	FORM 990, PART VI, SECTION B, LINE 15	BOARD OF DIRECTORS REVIEW AND APPROVE COMPENSATION FOR THE EXECUTIVE DIRECTOR WITH AN APPROVED CONTRACT. EXECUTIVE DIRECTOR /CFO / COO APPROVES ALL OTHER KEY EMPLOYEE COMPENSATION.
	FORM 990, PART VI, SECTION C, LINE 19	UPON REQUEST.
CHANGES IN NET ASSETS OR FUND BALANCES:	FORM 990, PART XI, LINE 5:	UNREALIZED LOSS ON INVESTMENTS -147,824. TOTAL TO FORM 990, PART XI, LINE 5: -147,824.