2011-05-16T10:24:27-05:00 2010-06-30 KPMG LLP 345 PARK AVE NEW YORK NY 10154 990 2009-07-01 131847137 LINCOLN CENTER FOR THE PERFORMING ARTS INC LINC 2128755000 70 LINCOLN CENTER PLAZA No 9TH FL NEW YORK NY 100236583 Daniel Rubin 2128755000 2011-05-16 1 KPMG LLP 2127589700 2009 2016-02-24 21:20:13Z REYNOLD LEVY 70 LINCOLN CENTER PLAZA No 9TH FL NEW YORK NY 100236583 305492119 0 X WWW.LINCOLNCENTER.ORG X 1956 NY See Schedule O.TO SUSTAIN, ENCOURAGE, AND PROMOTE THE PERFORMING ARTS AND TO EDUCATE THE PUBLIC WITH RELATION THERETO. IN ADDITION TO MAINTAINING A PERFORMING ARTS COMPLEX AND SOME OF THE PERFORMANCE FACILITIES AT THE LINCOLN CENTER SITE IN NEW YORK CITY, THE ORGANIZATION PROVIDES PROGRAMS AND PRESENTS CONCERTS AND OTHER PERFORMANCES THAT SUPPLEMENT THE PRESENTATIONS OF LINCOLN CENTER CONSTITUENT ORGANIZATIONS. THESE CONSTITUENT ORGANIZATIONS, ALL OF WHICH ARE PUBLIC CHARITIES DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, CONSIST OF THE CHAMBER MUSIC SOCIETY OF LINCOLN CENTER, THE FILM SOCIETY OF LINCOLN CENTER, JAZZ AT LINCOLN CENTER, THE JUILLIARD SCHOOL, LINCOLN CENTER THEATER, THE METROPOLITAN OPERA, NEW YORK CITY BALLET, NEW YORK CITY OPERA, NEW YORK PHILHARMONIC, THE NEW YORK LIBRARY FOR THE PERFORMING ARTS, AND SCHOOL OF AMERICAN BALLET. 73 70 1537 338 1590808 0 194983243 146394337 10091422 44095175 -1407093 5072392 42737893 10036441 246405465 205598345 215000 132500 0 52919562 55716170 78430 6610 6312289 191206358 178591403 244419350 234446683 1986115 -28848338 846614501 794342763 463601560 438000870 383012941 356341893 SEE SCHEDULE O. 0 0 117960818 Lincoln Center is the world's leading performing arts center, uniting on one campus 12 of the finest performing arts and educational organizations located anywhere. After nearly five decades of artistic excellence and service to its community, the nation, and the world, Lincoln Center has embarked upon a major transformation initiative - now approximately 90% complete - to fully modernize its concert halls and public spaces, renew its 16-acre urban campus, and reinforce its vitality for decades to come.See schedule O for continuation.Continued from Part III- Much of Lincoln Center's infrastructure and many of its notable performance and educational facilities required renovation, and in some cases, considerable expansion. Changes in public needs and interests also inspired a thorough reconsideration of the campus' original design in the context of current and future programming priorities. These factors became the framework for a campus-wide planning initiative that resulted in major changes along West 65th Street and the campus' Columbus Avenue frontage.A related project is the David Rubenstein Atrium at Lincoln Center, located between Broadway and Columbus Avenue and West 62nd and 63rd Streets. Formerly known as the Harmony Atrium when the space originally opened in 1979, it was one of approximately 503 Privately Owned Public Spaces (POPS) in New York City created under a longstanding program that offers zoning incentives for buildings to provide accessible public spaces. The transformation of the Harmony Atrium into a vibrant new public space includes a visitors' and ticketing facility housing the Donald and Barbara Zucker Box Office, and is home to an array of programs, services, and amenities designed to welcome, inform, and entertain local residents, the general public, and the thousands of people who visit Lincoln Center and its surrounding community every day. 58245570 42112140 LCPA is manager of the Lincoln Center campus, providing support and services for the Lincoln Center complex and its Resident Organizations. LCPA maintains and improves the complex's facilities, coordinating such services as the security and parking for the benefit of millions of patrons, visitors, and employees annually. In addition, LCPA is leading a series of major capital projects on behalf of the resident organizations across the campus. 21536026 6976891 LCPA is the world's leading presenter of performing arts.Its series ("Lincoln Center Presents") include American Songbook; Great Performers; Lincoln Center Festival; Lincoln Center Out of Doors; Midsummer Night Swing; the Mostly Mozart, Tully Scope, and White Light Festivals; and Live From Lincoln Center telecasts.These programs offer more than 400 performances of music, opera, theater, dance, and multi-media events each year, ranging from authentic kabuki theater and dance premieres from world-renowned choreographers to groundbreaking outdoor video installations; outdoor dancing to live music on Josie Robertson Plaza; opera performed with life-size puppets; and free performances of Korean drumming and African dance. See schedule O for continuation.Continued from Part III. Last season alone, these events brought some 5,000 performances by more than 3,000 artists from every corner of the globe to Lincoln Center. In addition, Emmy Award-winning Live From Lincoln Center telecasts, the only series of live broadcast performances on American television today, extend the reach of Lincoln Center to millions of Americans nationwide. 8681760 132500 1194577 Education and Outreach- LCPA is an international leader in arts and education and community relations, taking a wide range of activities beyond its concert halls through its educational arm, Lincoln Center Institute (LCI), as well as offering arts-related symposia, family programming, and other community initiatives. LCI's programs serve more than 200,000 students enrolled in over 400 schools grades K-12 throughout the metropolitan area and across the nation. In addition, educational institutes in Australia, China, Mexico, and South Africa incorporate the Institute's model into their curricula. LCPA also works to improve arts accessibility for patrons and visitors with disabilities. 1852778 872658 Visitor and Patron Services - In the community, LCPA expands it presence with a host of initiatives to make the arts more accessible, including Meet the Artist and the Young Music Makers community band program. 1315207 1384542 New Ventures and Special Projects- Lincoln Center welcomes the Mercedes-Benz Fashion Week, which brought more than 115,000 attendees, new audiences and extensive media attention to Lincoln Center in September. Lincoln Center also looks forward to strenghtening collaborations with WNET.ORG, now open in its new studio facility on campus. 11849745 132500 3451777 209592159 1 1 0 1 0 0 0 0 1 1 0 1 0 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 1 385 0 1 1537 1 1 1 0 0 0 0 1 1 0 0 0 73 70 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY X X DANIEL RUBIN 2128755000 70 LINCOLN CENTER PLAZA NEW YORK NY 10023 Katherine Farley 20.00 X X 0 0 0 DAVID ALan Coulter 2.00 X X 0 0 0 RIchard K DeScherer 2.00 X X 0 0 0 JOel S Ehrenkranz 3.00 X X 0 0 0 ROY Furman 2.00 X X 0 0 0 JOHN B Hess 1.00 X X 0 0 0 BRUCE KOVNER 2.00 X X 0 0 0 Laurie M Tisch 1.00 X X 0 0 0 ANN ZIFF 1.00 X X 0 0 0 harvey Golub 1.00 X X 0 0 0 ronnie Ackman 5.00 X 0 0 0 robert j Alexander 1.00 X 0 0 0 thomas h Lee 2.00 X 0 0 0 susan L Baker 1.00 X 0 0 0 john B Beinecke 10.00 X 0 0 0 reNEE BELFER 4.00 X 0 0 0 albERT C BELLAS 1.00 X 0 0 0 fRANK A BENNACK JR 1.00 X 0 0 0 anna Nikolayevsky Benton 3.00 X 0 0 0 richard s Braddock 1.00 X 0 0 0 Susan s Braddock 4.00 X 0 0 0 diane M Coffey 2.00 X 0 0 0 robert eSSNER 2.00 X 0 0 0 dinYAR DEVITRE 1.00 X 0 0 0 blAIR W EFFRON 1.00 X 0 0 0 harold Ford Jr 1.00 X 0 0 0 peter Frelinghuysen 4.00 X 0 0 0 bART FRIEDMAN 3.00 X 0 0 0 mASAAKI FUJITA 1.00 X 0 0 0 stephanie George 3.00 X 0 0 0 efraim Grinberg 1.00 X 0 0 0 audrey butvay Gruss 1.00 X 0 0 0 william B Harrison Jr 1.00 X 0 0 0 rita E Hauser 5.00 X 0 0 0 jAMES H HERBERT II 3.00 X 0 0 0 davID A HUNT 3.00 X 0 0 0 cARL C ICAHN 1.00 X 0 0 0 robert A Iger 1.00 X 0 0 0 juDITH S KAYE 1.00 X 0 0 0 jeFF KINDLER 1.00 X 0 0 0 peter s Kraus 1.00 X 0 0 0 shelly Lazarus 1.00 X 0 0 0 nathan Leventhal 2.00 X 0 0 0 beTTY LEVIN 1.00 X 0 0 0 xiaojing Li 4.00 X 0 0 0 dr Frayda B Lindemann 1.00 X 0 0 0 judsON C LINVILLE 1.00 X 0 0 0 peter l Malkin 5.00 X 0 0 0 sir Deryck c Maughan 1.00 X 0 0 0 raymond J McGuire 1.00 X 0 0 0 philip L Milstein 2.00 X 0 0 0 william c Morris 2.00 X 0 0 0 indra Nooyi 1.00 X 0 0 0 diAN D OGILVIE 1.00 X 0 0 0 jette Parker 1.00 X 0 0 0 gary W Parr 1.00 X 0 0 0 joseph R Perella 1.00 X 0 0 0 thomas A Renyi 1.00 X 0 0 0 julian H Robertson Jr 1.00 X 0 0 0 elIZABETH ROHATYN 1.00 X 0 0 0 stephen M Ross 1.00 X 0 0 0 david m Rubenstein 1.00 X 0 0 0 lisa Schiff 1.00 X 0 0 0 stefan M Selig 1.00 X 0 0 0 daisy m Soros 1.00 X 0 0 0 julien J Studley 1.00 X 0 0 0 aLAIR A TOWNSEND 1.00 X 0 0 0 ann UNTERBERG 10.00 X 0 0 0 john l VOGELSTEIN 1.00 X 0 0 0 george Walker 1.00 X 0 0 0 chRISTOPHER J WILLIAMS 1.00 X 0 0 0 john wren 1.00 X 0 0 0 Reynold Levy 35.00 X X 1713829 0 255000 daniel rubin 35.00 X 372858 0 69814 jane moss 35.00 X 333211 0 140378 lesley friedman rosenthal 35.00 X 329570 0 52346 tamar podell 35.00 X 303289 0 94307 kerry madden 35.00 X 313942 0 65005 liza parker 35.00 X 240375 0 77168 betsy vorce 35.00 X 230816 0 74095 peter duffin 35.00 X 183109 0 40642 rosemarie garipoli 35.00 X 341471 0 80188 john goberman 35.00 X 264140 0 245192 scott noppe-brandon 35.00 X 245058 0 181159 nigel redden 35.00 X 215042 0 123499 frank t ferrante 35.00 X 312824 0 109331 ronald busch 35.00 X 236745 0 49553 robert regan 35.00 X 212941 0 79445 richard norton 35.00 X 227793 0 76838 brendan j tendrich 35.00 X 235039 0 77087 6312052 0 1891047 18 0 1 0 LONDON SYMPHONY ORCHESTRA BARBICAN CENTRE LONDON UK ARTIST FEES 1565912 RESTAURANT ASSOCIATES CATERERS 132 WEST 65TH STREET NEW YORK NY 10023 CATERING 1532773 Gemini Music Productions 2 Iriquois Avenue Palisades NY 10964 Artist FEES 1058553 Theatre du Soleil Cartoucherie Paris FR 75012 ARTIST FEES 695610 Tod Williams Billie Tsien Architects LLP 222 Central Park South NEW YORK NY 10019 Architectural Services 628106 83 4356585 7394867 100017302 34625583 1188474 146394337 Facilities Services 561000 17944307 17944307 Facilities Rental 532000 17722203 17722203 Performances Presentat 711300 6715724 6715724 School Programs 611600 1017345 1017345 Visitor & Patron SVCS. 711300 636603 636603 58993 58993 44095175 2673523 2673523 89217 89217 85281131 15188114 83896870 14262723 1384261 925391 2309652 2309652 1645336 7394867 1645336 0 324900 88845 236055 236055 GARAGE REVENUE 812930 7674291 7674291 Outside Liscensee Rent 532000 1590808 1590808 Miscellaneous 561000 535287 535287 9800386 205598345 52540808 1590808 5072392 132500 132500 5221897 1488993 3028685 704219 37809175 29857276 4923599 3028300 1651705 1333955 205385 112365 7659317 6522012 756516 380789 3374076 2565551 519871 288654 508779 407835 100944 209517 209517 6610 6610 708734 708734 920146 253264 599048 67834 3802557 3582315 151514 68728 3006927 2325926 278721 402280 827999 364372 426965 36662 64741 60575 4166 8155076 8051076 104000 622285 415247 135432 71606 90583 41923 38716 9944 13087194 13087194 11082853 10463010 485966 133877 1247049 1101154 145895 Redevelopment Project E 110859375 105470267 5389108 ARTISTS AND PERFORMANCE 10162637 10162637 Miscellaneous 8727103 7398345 432337 896421 Production Expenses 4507848 4506732 1116 234446683 209592159 18542235 6312289 99946870 41959307 106343440 139078819 19439536 15300938 674886 701458 5098134 4188620 518842412 185654242 291023531 333188170 89738082 93328661 67965867 78436306 166384155 88160484 846614501 794342763 70560539 40429249 5383571 5221965 364969530 359162543 22687920 33187113 463601560 438000870 X 273649036 273274575 30926813 12529631 78437092 70537687 383012941 356341893 846614501 794342763 X 0 1 1 X 0 X 123884230 127474416 123906141 194983243 146394337 716642367 123884230 127474416 123906141 194983243 146394337 716642367 9019888 707622479 3478730 5242500 4015169 2957487 2762740 18456626 38205473 36943864 38070936 42737893 8445633 164403799 899502792 105347236 0.78670 0.73380 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 0 59927 59927 59927 59927 234380146 234380146 234440073 234440073 1000000 1000000 250000 250000 0 0 0 0 1000000 1000000 1000000 1000000 4000000 6000000 861279 475835 133006 59927 1530047 250000 250000 250000 250000 1000000 1500000 0 0 0 0 162167018 2114774 15161436 115000 12106316 167221912 205419724 1663894 -35378068 215000 9323532 162167018 0.35900 0.42200 0.21900 0 0 15513280 15513280 470291900 181083000 289208900 25642511 310188 25332323 5704607 4261054 1443553 1690114 1690114 333188170 Alternative Investments 78436306 F 78436306 CONSTRUCTION IN PROGRESS - REDEVELOPMENT PROJECTS 54704630 DEFERRED BOND ISSUANCE COSTS 2338586 Funds Held by Bond Trustee 31117268 88160484 FAIR VALUE OF INTEREST RATE SWAPS 33187113 33187113 205598345 234446683 -28848338 387801 1789489 2177290 -26671048 208212962 387801 2935922 3323723 204889239 708734 372 709106 205598345 234884010 2935922 88845 3024767 231859243 708734 1878706 2587440 234446683 Part V, Line 4: Description of Intended Use of Endowment Funds: Lincoln Center's Endowment is intended to fund the sustainment, encouragement, and promotion of the performing arts. PART X-FIN 48-AS NOTED IN LINCOLN CENTER'S AUDITED FINANCIAL STATEMENTS, LINCOLN CENTER RECOGNIZES THE BENEFIT OF TAX POSITIONS WHEN IT IS MORE-LIKELY-THAN-NOT THAT THE POSITION WILL BE SUSTAINABLE BASED ON THE MERITS OF THE POSITION. FIN 48 HAD NO MATERIAL IMPACT ON LINCOLN CENTER'S FINANCIAL STATEMENTS FOR THE JUNE 30, 2010 YEAR. PART XI LINE 8- OTHER OF 1,789,489 IS COMPRISED OF BOND INTEREST INCOME OF 89,217 AND BOND INTEREST EXPENSE OF 1,878,706 PART XII LINE 4B- OTHER OF 372 IS COMPRISED OF BOND INTEREST INCOME OF 89,217 AND COST OF GOODS SOLD OF 88,845 PART XIII LINE 2D- OTHER OF 88,845 IS COST OF GOODS SOLD PART XIII LINE 4B- OTHER OF 1,878,706 IS BOND INTEREST EXPENSE Central America and the Caribbean Investments Europe (Including Iceland & Greenland) Investments Europe (Including Iceland & Greenland) Program Services Performing Arts 63784 0 0 63784 Schedule F, Part IV Other Information Part I - Line 3 - Performing Arts expense of $63,784 represents direct programming expenses. Spring Gala 2829940 2385190 444750 141876 302874 AMERICAN SONGBOOK GALA 1208873 1044795 164078 34931 61723 67424 26 5001390 3964882 1036508 101251 389473 101661 444123 9040203 7394867 1645336 101251 34931 593072 101661 814421 1645336 0 1 MARTIN SEGAL AWARD 2 15000 AVERY FISHER ARTIST'S PROGRAM AWARD 4 100000 JP MORGAN CHASE SCHOLARSHIP 6 17500 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: The Avery Fisher Artist's Grant is given to outstanding instrumentalists on the basis of excellence alone. The musicians must be U.S. citizens or permanent U.S. residents. Up to five grants of $25,000 and one grant of $75,000 may be given out each year. The Segal Award is given annually in recognition of young artists from the Lincoln Center community. The purpose of the award is to highlight and reward the excellent work of up-and-coming stars connected to Lincoln Center's various constituents. Two awards of $7,500 are given out each year to advance the careers of the winners. The JP Morgan Chase Scholarship program provides scholarships to college or other accredited post-high school educational courses for the first four graduating classes of the High School for Arts, Imagination and Inquiry, a joint venture school between Lincoln Center Institute and the New York City Board of Education. The scholarship program will run from 2009 through 2012. X 1 1 X X X X X X 0 1 0 0 0 0 0 0 0 Reynold Levy 877200 0 237500 0 599129 0 229654 0 26977 0 1970460 0 470834 0 daniel rubin 339450 0 0 0 33408 0 51968 0 19477 0 444303 0 0 0 jane moss 311592 0 0 0 21619 0 133683 0 8326 0 475220 0 0 0 lesley friedman rosenthal 323025 0 0 0 6545 0 33300 0 20677 0 383547 0 0 0 tamar podell 286500 0 0 0 16789 0 68961 0 32307 0 404557 0 0 0 kerry madden 295878 0 0 0 18064 0 47159 0 19477 0 380578 0 0 0 liza parker 238324 0 0 0 2051 0 58322 0 22792 0 321489 0 0 0 betsy vorce 228900 0 0 0 1916 0 66500 0 9706 0 307022 0 0 0 peter duffin 182713 0 0 0 396 0 33947 0 9142 0 226198 0 0 0 rosemarie garipoli 319104 0 0 0 22367 0 70493 0 11326 0 423290 0 0 0 john goberman 247635 0 0 0 16505 0 227346 0 19477 0 510963 0 0 0 scott noppe-brandon 237161 0 0 0 7897 0 159313 0 23477 0 427848 0 0 0 nigel redden 213511 0 0 0 1531 0 98153 0 27949 0 341144 0 0 0 frank t ferrante 312824 0 0 0 0 0 62117 0 47214 0 422155 0 0 0 ronald busch 236745 0 0 0 0 0 21163 0 28390 0 286298 0 0 0 robert regan 212941 0 0 0 0 0 42778 0 36667 0 292386 0 0 0 richard norton 227793 0 0 0 0 0 44495 0 32343 0 304631 0 0 0 brendan j tendrich 235039 0 0 0 0 0 46034 0 31053 0 312126 0 0 0 Part I, Line 1a The President received a gross up payment related to certain deminimus expenses reimbursed by Lincoln Center and such payment was made pursuant to the President's approved written contract. Part I, Line 4a REFLECTS PAYMENTS OF ACTUARILY CALCULATED SUPPLEMENTAL RETIREMENT BENEFITS INTENDED TO COMPENSATE FOR IRS LIMITATIONS IN DEFINED BENEFIT PENSION PLANS. PAYMENTS WERE MADE AS FOLLOWS: REYNOLD LEVY 146,693; Daniel Rubin 31,602; JANE MOSS 19,813; LESLEY FRIEDMAN ROSENTHAL 6,125; Kerry Madden 16,258; TAMAR C. PODELL 6,426; ROSEMARIE GARIPOLI 19,595; Betsy Vorce 110; Liza Parker 1,085; SCOTT NOPPE-BRANDON 6,091 AND JOHN GOBERMAN 11,171. Supplemental Information Part III SCHEDULE J, PART II - REYNOLD LEVY - PRESIDENT, DIRECTOR AND FULL-TIME EMPLOYEE OFFICER - INCLUDED IN BONUS AND INCENTIVE COMPENSATION AND OTHER REPORTABLE COMPENSATION ARE PAYMENTS FOR THE ACHIEVEMENT OF CERTAIN MULTI-YEAR TIME BASED AND PERFORMANCE BASED OBJECTIVES, WITH EMPHASIS ON THE REDEVELOPMENT PROJECTS, AS DETERMINED BY ANNUAL REVIEWS BY THE EXECUTIVE COMMITTEE, OF WHICH $470,834 WAS ACCRUED IN PRIOR YEARS AND REPORTED IN PRIOR FORM 990'S AND THE PAYMENT FOR A SPECIAL ONE-TIME RE-SIGN ON BONUS TO EXTEND MR. LEVY'S CONTRACT. MR. LEVY'S DEFERRED COMPENSATION INCLUDES AN ACCRUAL FOR AN INCENTIVE COMPENSATION PLAN SUBJECT TO ACHIEVING GENERAL AND PERFORMANCE PROJECT TARGETS. THE TRUST FOR CULTURAL RESOURCES OF NYC 911882413 649717NX9 2008-01-17 151250000 REFUND BOND ISSUE DATED 1/12/06 & PAY SOME ISSUANCE COSTS OF THE 2008A BONDS 0 0 THE TRUST FOR CULTURAL RESOURCES OF NYC 911882413 649717PL3 2008-10-23 102756556 REDEVELOPMENT PROJECT CONSTRUCTION & EXPANSION OF FACILITIES 0 0 THE TRUST FOR CULTURAL RESOURCES OF NYC 911882413 649717PN9 2008-11-13 100000000 REDEVELOPMENT PROJECT CONSTRUCTION & EXPANSION OF FACILITIES 0 0 151250000 319474 4391184 133530582 0 1 0 1 102756556 27703582 342857 87685059 0 0 0 1 100000000 3094212 261537 73821305 0 0 0 1 0 0 0 0 1 0.00000 0.00000 0.00000 1 0 0 0 0 1 0.00000 0.00000 0.00000 1 0 0 0 0 1 0.00000 0.00000 0.00000 1 1 1 1 Morgan Stanley and Bank of New York 28.500000000000 1 MBIA 30.000000000000 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 Tristate Regional Office of CB Ri See Sch. O 196286 CommissionMr. Robert J. Alexander is the Chairman of the Tristate Regional Office of CB Richard Ellis. Lincoln Center paid $196,286 to CB Richard Ellis in Fiscal Year 2010 for a real estate commission relating to the lease of space to WNET. This transaction was reviewed and passed upon by the Audit Committee and Lincoln Center acted consistently with its conflict of interest policy. 0 LAZARD See Sch. O 144960 Inv. FeesMr. Gary W. Parr, Deputy Chairman at Lazard, is a member of Lincoln Center's Board of Directors. Lincoln Center paid $144,960 to this firm for investment management fees in Fiscal Year 2010. This relationship pre-dates Mr. Parr's membership on the Board and the ongoing relationship is subject to periodic review by the Audit Committee. Lincoln Center acted consistently with its conflict of interest policy. 0 X 21 1188474 Fair Market Value 0 0 1 1 Method for Determining Number of Contributors: Part I, Column (b): NUMBER OF CONTRIBUTORS REPRESENTS THE NUMBER OF GIFTS RECEIVED. Third Party Use: Part I, Line 32b: Lincoln Center uses a broker to sell our securities. Form 990, Part VI, Section A, line 2 Richard S. Braddock and Susan S. Braddock have a family relationship. Form 990, Part VI, Section A, line 4 During the year ended 6/30/2010, there was an amendment to the corporate by-laws increasing the permitted size of the Board to 80 members. Form 990, Part VI, Section B, line 11 The Lincoln Center 2009 form 990 was prepared by Lincoln Center's Finance Department and reviewed by our independent auditor KPMG, who also signs the return as paid preparer. The Lincoln Center Audit Committee has been delegated the duty to review and approve the 990 prior to its filing on behalf of the Lincoln Center board of directors. The Audit Committee has reviewed and unanimously approved the Lincoln Center 2009 form 990. A copy of the return was provided to the full board prior to filing. Form 990, Part VI, Section B, line 12c All Board members and certain employees and volunteers are required to complete Related Party Questionnaires annually, and also on change of circumstances. The Audit Committee reviews the questionnaires in consultation with the General Counsel and Comptroller in order to evaluate and resolve transactions or arrangements that may give rise to an actual or potential conflict of interest, and may attempt to develop alternatives to remove the conflict from the situation. The interested Board member is not present, or leaves any meeting where the conflict is being voted upon, but may, at the option of the Audit 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. Following such disclosure, the Audit Committee may approve the transaction or arrangement after determining, in good faith and after reasonable inquiry, (i) that Lincoln Center could not have obtained a more advantageous arrangement with reasonable effort under the circumstances with a disinterested third party or parties, including obtaining and evaluating one or more alternative proposals, (ii) that the transaction or arrangement is fair and reasonable to Lincoln Center and in its best interest, (iii) and / or that the transaction or arrangement proposed is of a unique and singular value. In case of an existing relationship, the committee regularly evaluates the benefits and appropriateness of the relationship. The transaction or arrangement must further Lincoln Center's charitable purposes, and does not result in private inurement, an excess benefit transaction or impermissible private benefit under laws applicable to organizations exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. Form 990, Part VI, Section B, line 15 Compensation for senior management is determined annually by the President in consultation with the Chief Administrative Officer/VP Human Resources and Administration, and reviewed with, and approved by the Executive Committee of the Board. Periodically, the organization retains an independent compensation consultant to provide comparability data for similarly qualified persons in functionally comparable positions at similarly situated organizations. Neither the President nor the Chief Administrative Officer is involved in their own compensation determination process. Compensation for the President is set pursuant to written multi-year agreements. New compensation levels and other terms are determined in conjunction with the decision to extend or renew his employment agreement. In conjunction with such decisions, the organization, through its Chairman of the Board, engages an independent compensation consultant to provide comparability data for similarly qualified persons in functionally comparable positions at similarly situated organizations. The Executive Committee of the Board sits as a Compensation Committee (the "Authorized Body") at such intervals and its deliberations, decisions and approval regarding compensation are recorded in confidential minutes taken by the Chairman. Neither the President nor any member of management is present at such meetings, which are held in executive session. All participating members of the compensation committee are independent under the organization's conflict of interest policy. Lincoln Center complies with the "rebuttable presumption" procedures for determining that compensation is reasonable under Internal Revenue Code Section 4958. Form 990, Part VI, Section C, line 19 Lincoln Center makes its Annual Financial Statements and 990 available via the Organization's website and websites such as Guidestar.org. Other governing documents are available upon request. Lincoln Center Development Project Inc 1865 Broadway New York NY 10023 134172481 Implement & oversee reconstruction & renovation of Lincoln Center Complex NY 501(c)(3) Line 7 N/A 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 Lincoln Center Development Project Inc B 139481352 Lincoln Center Development Project Inc K 1038193