2011-05-13T09:21:53-05:00 2010-06-30 LUTZ AND CARR CPAS LLP 300 EAST 42ND STREET NEW YORK NY 10017 990 2009-07-01 237379091 PS 1 CONTEMPORARY ART CENTER INC PS1C 7187842084 46-01 21ST STREET LONG ISLAND CITY NY 11101 john comfort 7187842084 2011-05-12 1 Don Shaefitz 2126972299 2009 2016-02-24 21:20:13Z MOMA PS1 John Comfort 46-01 21ST STREET LONG ISLAND CITY NY 11101 4004201 0 X www.MOMAps1.org X 1971 NY MoMA PS1 is one of the oldest and largest nonprofit contemporary art institutions in the United States. An exhibition space rather than a collecting institution, MoMA PS1 devotes its energy and resources to displaying the most experimental art in the world. A catalyst and an advocate for new ideas, discourses, and trends in contemporary art, MoMA PS1 actively pursues emerging artists, new genres, and adventurous new work by recognized artists in an effort to support innovation in contemporary art. MoMA PS1 achieves this mission by presenting its diverse program to a broad audience in a unique and welcoming environment in which visitors can discover and explore the work of contemporary artists. MoMA PS1 presents over 50 exhibitions each year, including artists' retrospectives, site-specific installations, historical surveys, arts from across the United States and the world, and a full schedule of music and performance programming. 11 11 103 60 0 0 3506598 3174173 777182 721121 4179 2243 89833 106664 4377792 4004201 0 0 2002168 1779866 0 102535 2464114 2100576 4466282 3880442 -88490 123759 3111945 3349728 234766 348790 2877179 3000938 P.S. 1 Contemporary Art Center (MOMA PS1) is a contemporary art institute in Long island City, New York. An exhibition space rather than a collecting institution, MOMA PS1 devotes its energy and resources to displaying the most experimental art in the world. A catalyst and an advocate for new ideas, discourses, and trends in contemporary art, MOMA PS1 actively pursues emerging artists, new genres, and adventurous new work by recognized artists in an effort to support innovation in contemporary art. MOMA PS1 achieves this mission by presenting its diverse program to a broad audience in a unique environment in which visitors can discover and explore the work of contemporary artists. 0 0 2515501 721121 MoMA PS1 is one of the oldest and largest non-profit contemporary art institutions in the United States. An exhibition space rather than a collecting institution, MoMA PS1 devotes its energy and resources to displaying the most experimental art in the world. A catalyst and an advocate for new ideas, discourses, and trends in contemporary art, MoMA PS1 actively pursues emerging artists, new genres, and adventurous new work by recognized artists in an effort to support innovation in contemporary art. MoMA PS1 achieves this mission by presenting its diverse program to a broad audience in a unique and welcoming environment in which visitors can discover and explore the work of contemporary artists. MoMA PS1 presents over 50 exhibitions each year, including artists' retrospectives, site-specific installations, historical surveys, arts from across the United States and the world, and a full schedule of music and performance programming. MoMA PS1 was founded in 1971 by Alanna Heiss as the Institute for Art and Urban Resources Inc., an organization devoted to organizing exhibitions in underutilized and abandoned spaces across New York City. In 1976, MoMA PS1 opened its first major exhibition in its permanent location in Long Island City, Queens, with the seminal Rooms exhibition. An invitation for artists to transform the building's unique spaces, Rooms established the MoMA PS1 tradition of transforming the building's spaces into site-specific art that continues today with long-term installations by James Turrell, Keith Sonnier, Richard Serra, Lawrence Weiner, and others. For the next twenty years, the building was used as studio, performance, and exhibition spaces, in support of artists from around the world. After a building-wide renovation, MoMA PS1 reopened in 1997, confirming its position as the leading contemporary art center in New York. True to the building's history and form, the renovation preserved much of the original architecture as well as most of its unique classroom-sized galleries. In 2000, MoMA PS1 became an affiliate of the Museum of Modern Art to extend the reach of both institutions, and combine MoMA PS1's contemporary mission with MoMA's strength as one of the greatest collecting museums of modern art. A true artistic laboratory, MoMA PS1 aspires to maintain its diverse and innovative activities to continue to bring contemporary art to international audiences. 2515501 1 1 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 1 45 0 1 103 1 0 0 0 0 0 0 0 0 0 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X John bailey museum of modern art 2127089801 11 west 53rd street new york NY 10019 agnes gund 1.00 X X 0 0 0 philip e aarons 1.00 X X 0 0 0 JOHN COMFORT 1.00 X X 0 0 0 TODD bishop 10.00 X X 0 42908 0 j christopher daly 1.00 X 0 0 0 DANA FAROUKI 1.00 X 0 0 0 lex fenwick 1.00 X 0 0 0 sydie lansing 1.00 X 0 0 0 PETER NORTON 1.00 X 0 0 0 TOM SLAUGHTER 1.00 X 0 0 0 BETH SWOFFORD 1.00 X 0 0 0 david teiger 1.00 X 0 0 0 KLAUS Biesenback 40.00 X 0 0 0 yun joo kang 40.00 X 124280 0 0 ANTIONE GUERRERO 40.00 X 134782 0 14525 259062 42908 14525 2 0 0 0 international protection group llc 250 south grand avenue los angeles CA 90012 BUILDING SECURITY 359759 1 660858 2513315 71375 3174173 admissions 713990 482232 482232 sales 713990 233118 233118 TOURING 561520 5771 5771 721121 2243 2243 63130 63130 63130 63130 MISCELLANEOUS 900099 43534 43534 43534 4004201 764655 0 65373 361319 134550 226769 1119104 802374 231445 85285 13018 8239 4029 750 157120 99438 48631 9051 129305 81834 40022 7449 25000 25000 101623 80315 21308 561278 430986 130292 54737 40009 14728 347078 347078 88534 17066 71468 contract services 887708 802575 85133 administrative & other 34618 18115 16503 3880442 2515501 1262406 102535 198123 231762 676222 897498 5000 272000 263237 225130 3399540 1676202 1969363 1723338 3111945 3349728 197534 308053 37232 40737 234766 348790 X 12656 50595 2782649 2868469 81874 81874 2877179 3000938 3111945 3349728 X 0 1 1 X 0 X 3520764 4231552 3946668 3506598 3174173 18379755 3520764 4231552 3946668 3506598 3174173 18379755 1171864 17207891 16188 1406 41246 39006 65373 163219 6762 9758 54412 113032 43534 227498 18770472 3848614 0.91680 0.93700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 84919 14 84933 84207 712 84919 0.96400 0.03600 0 0 3185600 1610600 1575000 159200 62865 96335 54740 2737 52003 1723338 SALARIES & PAYROLL TAXES PAYABLE 40737 40737 4004201 3880442 123759 0 123759 4124201 120000 120000 4004201 0 4004201 4000442 120000 120000 3880442 0 3880442 Part V, Line 4: Description of Intended Use of Endowment Funds: PS1's endowment consists of one donor-restricted fund established for a memorial endowment fund. X 2 71375 fair market value 0 0 0 Form 990, Part VI, Section B, line 11 Information for PS1's form 990 is generated from PS1's financial records with input from PS1 departments and compiled by external tax advisers. It is then reviewed by PS1 senior staff including the Director and the Chief Administrative Officer. The 990 is then presented to the chair of PS1's Finance Committee of the Board of Directors for review and comment. A copy of the 990 is provided to each member of the Board of Directors electronically or in printed copy. Form 990, Part VI, Section B, line 12c On an annual basis, PS1 distributes its Code of Conduct to all voting members of the Board of Directors and designated employees and requires that Conflict of Interest Questionnaires be completed and returned for initial review by the Secretary to the Board for Board Members, and Chief Administrative Officer for employees. Amongst other things, the Code of Conduct and Conflict of Interest Questionnaire requires the responder to: confirm that he or she has read and understands the Code of Conduct, agrees to abide by it, identify whether he or she or a family member has any relationship with PS1 that may represent a conflict of interest as defined by the Code and report any knowledge of a transaction which should be reported under the Code, etc. When potential employee conflicts of interest are reported or identified, when necessary, an investigation is conducted to determine the facts and circumstances and a recommendation of action, if warranted. Such action may include but is not limited to prohibiting the individual from participating in deliberations and decisions regarding the transaction in question, or taking disciplinary action which, in appropriate circumstances may include suspension or termination. The employee's supervisor is notified of an employee with identified conflicts and the action to be taken, if any. When potential Directors conflicts of interest are reported or identified, the Secretary to the Board makes a report to a committee of the Board of Directors. The committee will review the report in order to determine a course of action if warranted, including but not limited to disclosure to the Board of Directors, prohibiting the involved Director from participating in and/or voting on the transaction in question, resignation from the Board of Directors, etc. Form 990, Part VI, Section B, line 15 Compensation for PS1 officers is reviewed annually by the PS1 executive committee. Form 990, Part VI, Section C, line 19 PS1's governing documents are available upon request. form 990, part xi, line 2c: The Finance committee assumes the responsibility for the audit. The process has not changed from prior years. The Museum of Modern Art 11 west 53rd street new york NY 10019 131624100 art museum NY 501(c)(3) Line 7 N/A 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 Museum of Modern Art C 761031 Museum of Modern Art L 594529