2026-05-12T08:54:39-05:00 2025-06-30 873707167 CBIZ ADVISORS LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2024-07-01 112201344 BROOKLYN ACADEMY OF MUSIC INC BROO 7186364100 30 LAFAYETTE AVENUE BROOKLYN NY 11217 JENNIFER ANGLADE CFO & VP OF FINANCE 7187248244 2026-05-08 1 1 FRANK SMITH P00639053 2125038800 2026-05-08 2024 2025-03-06 01:10:19Z TAMARA MCCAW 30 LAFAYETTE AVENUE BROOKLYN NY 11217 53704124 0 X WWW.BAM.ORG X 1861 NY BAM IS THE HOME FOR ADVENTUROUS ARTISTS, AUDIENCES, AND IDEAS. X 34 34 814 34 0 0 38230569 34598481 8211791 16799670 5169 49642 649069 1082659 47096598 52530452 6450 951 0 0 27689992 31863517 0 0 5386631 13128398 18691723 40824840 50556191 6271758 1974261 146398752 98799285 8113224 4720560 138285528 94078725 X THE MISSION OF BAM IS TO BE THE HOME FOR CURIOUS PEOPLE AND ADVENTUROUS IDEAS. BAM SUPPORTS ARTISTIC EXPERIMENTATION AND CHAMPIONS INCLUSION AND ACCESSIBILITY THROUGHOUT THE ARTS AS PRESENTER, ACTIVATOR, AND CONNECTOR. 0 0 8725501 8393085 THEATER PROGRAMS - BAM'S FY25 THEATER PROGRAMS FEATURED WORLD-CLASS PRESENTATIONS AND SHOWCASED ARTISTS AND COMPANIES FROM COUNTRIES SUCH AS GERMANY, UNITED KINGDOM, FRANCE, ARGENTINA, AND THE UNITED STATES. HIGHLIGHTS INCLUDED: SAFETY NOT GUARANTEED, CREATOR LEE SUNDAY EVANS' INVENTIVE MUSICAL-THEATER REIMAGINING OF THE CULT-CLASSIC FILM OF THE SAME NAME, WHICH RECEIVED TWO OUTER CRITICS CIRCLE AWARDS; THE HIGHLY ACCLAIMED AND AWARD-WINNING PRODUCTION OF TENNESSEE WILLIAMS' A STREETCAR NAMED DESIRE, DIRECTED BY REBECCA FRECKNALL AND STARRING PATSY FERRAN, PAUL MESCAL, AND AJANA VASAN, WHICH WAS NOMINATED FOR TWO DRAMA DESK AND ONE DRAMA LEAGUE AWARD AND WON A THEATRE WORLD AWARD; THE THREEPENNY OPERA, DIRECTOR BARRIE KOSKY'S NEW PRODUCTION OF THE ORIGINAL 1928 PLAY BY BERTOLT BRECHT, PERFORMED BY THE BERLINER ENSEMBLE, AND PRESENTED IN PARTNERSHIP WITH ST. ANN'S WAREHOUSE; AND MACBETH IN STRIDE, WHITNEY WHITE'S REWRITTEN AND RECONTEXTUALIZED VERSION OF THE SCOTTISH PLAY FROM THE PERSPECTIVE OF LADY MACBETH. 5059013 3396176 FILM PROGRAMS - IN FY2025, BAM FILM SERVED AUDIENCES THROUGH FIRST RUN AND FILM SERIES THAT FOCUSED ON PRESENTING WORKS BY INTERNATIONAL AND LOCAL FILMMAKERS. SELECT FIRST RUN FILMS INCLUDE: NOSFERATU, DIRECTOR ROBERT EGGERS' ATMOSPHERIC TAKE ON THE 1922 SILENT FILM; THE BRUTALIST, THE ACADEMY AWARD-WINNING EPIC PERIOD DRAMA BY DIRECTOR BRADY CORBET AND STARRING ADRIAN BRODY; AND SINNERS, CREATOR RYAN COOGLER'S HIGHLY ACCLAIMED HORROR FILM STARRING MICHAEL B. JORDAN. SELECT FILM SERIES INCLUDE CONTEMPORARY ARAB CINEMA, FEATURING VITAL NEW WORKS FROM BOLD FILMMAKERS FROM THE MIDDLE EAST AND NORTH AFRICA; MIRROR OF LIFE: MANOEL DE OLIVEIRA 1996-2004, EXPLORING THE NEWLY RESTORED WORKS OF PROLIFIC PORTUGUESE DIRECTOR MANOEL DE OLIVEIRA; FILMAFRICA, THE CINEMATIC COMPONENT OF BAM'S 48TH ANNUAL DANCEAFRICA FESTIVAL, WHICH FEATURED DOCUMENTARY AND FICTIONAL WORKS FROM ACROSS AFRICA AND THE DIASPORA, WITH A SPECIAL FOCUS ON FILMS FROM AND ABOUT MOZAMBIQUE; AND THE CARIBBEAN FILM SERIES, BAM'S BIANNUAL SERIES HOSTED IN PARTNERSHIP WITH LUMINAL THEATER AND THIRD HORIZON OF DIVERSE CINEMA FROM NEW AND ACCLAIMED FILMMAKERS FROM THE CARIBBEAN AND THE DIASPORA. 4225417 2863594 NEXT WAVE 2024 - BAM OPENED ITS FY25 PERFORMANCE SEASON WITH THE ICONIC 2024 NEXT WAVE SERIES WHICH ENGAGED INDIVIDUALS THROUGH PRODUCTIONS BY ARTISTS FROM CANADA, ARGENTINA, UNITED KINGDOM, THAILAND, FRANCE, PORTUGAL, AND THE UNITED STATES. HIGHLIGHTS INCLUDED: ANDRE 3000: NEW BLUE SUN LIVE IN CONCERT, A SPECIAL PRESENTATION OF THE RAPPER'S BOLD FORAYS INTO UNEXPECTED MUSICAL REALMS; STILL/HERE, THE 30TH ANNIVERSARY PRESENTATION OF BILL T. JONES' MULTIMEDIA DANCE THEATER WORK ABOUT LIVING WITH TERMINAL ILLNESS; SUN DOGS: FILMMAKER AND COMPOSER PAIRINGS, FEATURING ORIGINAL SHORT-FORMAT FILMS WITH NEWLY COMPOSED MUSIC CREATED BY INTERNATIONALLY ACCLAIMED FILMMAKERS AND MUSICIANS AND PERFORMED LIVE BY ENSEMBLE, ALARM WILL SOUND; JOURNEY LIVE, AN INTERACTIVE PRESENTATION OF THE VIDEOGAME JOURNEY ACCOMPANIED BY A LIVE PERFORMANCE OF THE GRAMMY-NOMINATED SCORE BY AMERICAN COMPOSERS ORCHESTRA AND CONDUCTOR AND COMPOSER AUSTIN WINTORY; AND THE HARD NUT, MARK MORRIS DANCE GROUP'S IRREVERENT AND MUCH LOVED, RETRO-MODERN TAKE ON THE HOLIDAY FAVORITE THE NUTCRACKER. 20312834 951 2596837 OTHER PROGRAM SERVICES 20312834 951 2596837 38322765 1 1 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 1 240 0 1 814 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 34 34 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X JENNIFER ANGLADE - CFO & VP OF FINANCE 7187248244 30 LAFAYETTE AVENUE BROOKLYN NY 11217 ADAM WOLFENSOHN TRUSTEE 0.50 X 0 0 0 ALEXA DAVIDSON SUSKIN TRUSTEE 0.50 X 0 0 0 AXEL STAWSKI TRUSTEE 0.50 X 0 0 0 BARRY M FOX TRUSTEE 0.50 X 0 0 0 BARTHOLOMEW A SHEEHAN III TRUSTEE 0.50 X 0 0 0 BRIAN STAFFORD TRUSTEE 0.50 X 0 0 0 BRIGITTE VOSSE TRUSTEE 0.50 X 0 0 0 CHERYL DELLA ROSA TRUSTEE 0.50 X 0 0 0 CLAIRE WOOD TRUSTEE 0.50 X 0 0 0 DAVID L PICKET TRUSTEE 0.50 X 0 0 0 DEPELSHA MCGRUDER TRUSTEE (OUTGOING) 0.50 X 0 0 0 DIANE L MAX CHAIR 5.00 X X 0 0 0 DOUG STEINER TRUSTEE 0.50 X 0 0 0 EDGAR A LAMPERT TRUSTEE 0.50 X 0 0 0 EMILIA SHERIFOVA TRUSTEE 0.50 X 0 0 0 ERI NISHIKAWA TRUSTEE 0.50 X 0 0 0 GINA DUNCAN PRESIDENT (OUTGOING) 40.00 X X 555164 0 55449 JANEL CALLON TRUSTEE 0.50 X 0 0 0 JEANNE DONOVAN FISHER TRUSTEE 0.50 X 0 0 0 JENNIFER KOPYLOV TRUSTEE 0.50 0.50 X 0 0 0 JOSEPH A STERN TRUSTEE 0.50 X 0 0 0 JULIET MOSER VICE CHAIR 5.00 X X 0 0 0 KABIR AHUJA TRUSTEE 0.50 X 0 0 0 LENNY H SINGLETARY III TRUSTEE 0.50 X 0 0 0 MARCEL PRZYMUSINSKI TRUSTEE 0.50 0.50 X 0 0 0 MARYANNE GILMARTIN TRUSTEE 0.50 X 0 0 0 NATALIA CHEFER TRUSTEE 0.50 X 0 0 0 NORA ANN WALLACE TRUSTEE 0.50 X 0 0 0 RICHARD E FELDMAN TRUSTEE 0.50 X 0 0 0 ROBERT TICHIO TRUSTEE 0.50 X 0 0 0 ROBERTA GARZA TRUSTEE (OUTGOING) 0.50 X 0 0 0 ROBIN MAXWELL TRUSTEE 0.50 X 0 0 0 SCOTT MCDONALD TREASURER 5.00 0.50 X X 0 0 0 STEVEN G FELSHER TRUSTEE 0.50 0.50 X 0 0 0 TIMOTHY SEBUNYA VICE CHAIR 5.00 0.50 X X 0 0 0 TONY BECHARA TRUSTEE (OUTGOING) 0.50 X 0 0 0 VALERIE BERLIN TRUSTEE 0.50 X 0 0 0 WILLIAM I CAMPBELL TRUSTEE 0.50 X 0 0 0 AARON THOMPSON ASSOCIATE VP OF FINANCE (INCOMING) 40.00 X 121175 0 19192 TAMARA MCCAW INTERIM CEO (INCOMING) 40.00 X 0 0 0 ALICE FLOWER CHIEF PEOPLE OFFICER 40.00 X 251294 0 33938 ALICE STRYKER SIEGAL VICE PRESIDENT OF ADVANCEMENT 40.00 X 204408 0 22559 AMY CASSELLO ARTISTIC DIRECTOR 40.00 X 337237 0 53481 ELIZABETH N MOREAU PRODUCER & CHIEF PGRM. OPS. OFFICER 40.00 X 267019 0 50587 JENNIFER ANGLADE CFO & VP OF FINANCE 40.00 5.00 X 338114 0 57693 JEREMY J DEWEY CHIEF OF STAFF (OUTGOING) 40.00 X 220503 0 24347 JORDANA KIER CHIEF GROWTH OFFICER (OUTGOING) 40.00 X 283203 0 31302 COURTNEY KILLINGSWORTH CHIEF EXPERIENCE & IMPACT OFFICER 40.00 X 261995 0 70608 LUIS FARFAN CHIEF BRAND CREATIVE OFC. (OUTGOING) 40.00 X 241551 0 44881 MICHAEL KATZ HEAD PROJECTIONIST 40.00 X 193847 0 21517 NICHOLAS VARACALLI CREW CHIEF 40.00 X 188149 0 24243 WILLIAM A LEE CHIEF TECHNOLOGY OFFICER 40.00 X 232422 0 42653 3696081 0 552450 66 0 1 0 WXY 25 PARK PLACE 5TH FLOOR NEW YORK NY 10007 ARCHITECTS 296595 ATGP SHOWS TWO LIMITED 2ND FLOOR ALEXANDER HOUSE CHURCH P SURREY UK GU21 6EJ PERFORMERS 197350 ARABELLA ADVISORS LLC 50 E WASHINGTON STREET SUITE 400 CHICAGO IL 606755723 CONSULTING SERVICES 151450 ASSOC DE GESTION DU FESTIVAL D'AVIGNON CLOITRE SAINT-LUIS 20 RUE DE PORTA AVIGNON FR 84 000 PERFORMERS 107514 ODE TO JOY LLC 489 3RD STREET BROOKLYN NY 11215 PERFORMERS 106000 5 1124141 14540975 9244034 9689331 1587935 34598481 PERFORMANCE INCOME 711110 13397800 13397800 BAM ROSE CINEMA 711110 3396176 3396176 BAM ART REVENUE 900099 5694 5694 16799670 52329 52329 95733 95733 1614082 839566 774516 774516 774516 2687 -2687 -2687 -2687 91120 1124141 331419 -240299 -240299 38653 0 38653 38653 MANAGEMENT FEES 561000 250000 250000 BAZAAR INCOME 900099 103225 103225 MISCELLANEOUS INCOME 900099 60206 60206 625 625 414056 52530452 17249692 0 682279 X 951 951 3561675 1195397 1374322 991956 20246872 15626917 2381018 2238937 1194295 1008194 79098 107003 4662986 3515786 578495 568705 2197689 1647886 284336 265467 168820 58776 110044 30000 30000 5529802 5054911 327961 146930 1997884 1731756 83417 182711 899568 617466 268843 13259 802532 784141 12464 5927 2160396 2160032 364 992905 965177 7096 20632 130664 130664 365122 277392 49552 38178 552123 205080 347043 PRODUCTION EXPENSES 2030221 1953527 17318 59376 FILM RENTAL 1300503 1300466 37 MISC. AND OPER. ALLOC. 686919 -289841 510780 465980 HOSPITALITY AND SPECIAL 374940 152820 4050 218070 669324 355931 250294 63099 50556191 38322765 6846795 5386631 830280 1177080 125650 1710930 6479245 5354304 749508 664362 56482 54463 380823 356195 29484809 22304982 47550421 7179827 7 90226343 82302117 146398752 98799285 3490162 3035583 598741 437280 1884145 1137573 2140176 110124 8113224 4720560 X 40578348 2000902 97707180 92077823 138285528 94078725 146398752 98799285 X 1974261 -1139 -46179925 X X 0 1 X 1 0 X 28862628 35101328 29193861 38230569 34598481 165986867 28862628 35101328 29193861 38230569 34598481 165986867 47986402 118000465 301338 1844317 2381892 2069591 1762144 8359282 286750 468917 1101850 539154 543829 2940500 177286649 52857779 0.66560 0.67640 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2020 AMOUNT: $ 10,271. 2021 AMOUNT: $ 19,950. 2022 AMOUNT: $ 32,858. 2023 AMOUNT: $ 38,521. 2024 AMOUNT: $ 60,206. FUNDRAISING REVENUE - 2020 AMOUNT: $ 21,140. 2021 AMOUNT: $ 88,730. 2022 AMOUNT: $ 61,365. 2023 AMOUNT: $ 137,433. 2024 AMOUNT: $ 91,120. MANAGEMENT FEES - 2020 AMOUNT: $ 251,522. 2021 AMOUNT: $ 250,000. 2022 AMOUNT: $ 271,000. 2023 AMOUNT: $ 250,000. 2024 AMOUNT: $ 250,000. BAZAAR INCOME - 2021 AMOUNT: $ 98,475. 2022 AMOUNT: $ 101,745. 2023 AMOUNT: $ 101,200. 2024 AMOUNT: $ 103,225. CONSULTING INCOME - 2023 AMOUNT: $ 1,000. MAILING LIST - 2020 AMOUNT: $ 2,687. 2021 AMOUNT: $ 3,032. 2022 AMOUNT: $ 2,823. 2023 AMOUNT: $ 1,280. BOUTIQUE SALES - 2020 AMOUNT: $ 1,130. 2021 AMOUNT: $ 8,730. 2022 AMOUNT: $ 6,989. 2023 AMOUNT: $ 9,720. 2024 AMOUNT: $ 38,653. INSURANCE PROCEEDS - 2022 AMOUNT: $ 249,000. PAYROLL TAX CREDIT - 2022 AMOUNT: $ 376,070. LATE FEE INCOME - 2024 AMOUNT: $ 625. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30000 0 30000 50526191 50556191 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 36000 33025 24100 30000 123125 250000 250000 250000 250000 1000000 1500000 36000 33025 24100 30000 123125 250000 X 1 85264049 69980 9412322 14540975 311091 79894285 91872615 430 11184337 12861068 4636572 295693 85264049 93433236 -292974 11055652 11829684 493615 91872615 106944016 47048 -8653727 4613204 292178 93433236 92780429 21467 22119816 7687204 290492 106944016 0.01395 0.98605 0 1 1 2509919 1395413 1114506 16780389 15494812 1285577 5489596 5113565 376031 4704905 301192 4403713 7179827 BENEFICIAL INTEREST IN BAM ENDOWMENT TRUST 79894285 SECURITY DEPOSITS 44486 457B PLAN ASSETS 179694 STRAND THEATER TENANTS' RESERVE 29082 DUE FROM BAM ENDOWMENT TRUST 2000000 LEASE INITIAL DIRECT COST 45892 FINANCE LEASE RIGHT-OF-USE ASSETS 108678 82302117 FINANCE LEASE LIABILITY 110124 110124 X 53368879 -1139 -1139 53370018 -839566 -839566 52530452 51395757 839566 839566 50556191 0 50556191 PART V, LINE 4: THE ENDOWMENT FUNDS REPORTED IN PART V ARE BEING ADMINISTERED THROUGH THE BAM ENDOWMENT TRUST, A SUPPORTING ORGANIZATION AS DEFINED IN CODE SECTION 509(A)(3) OF THE INTERNAL REVENUE CODE OF 1986. THE EARNINGS OF THE TRUST ARE USED EXCLUSIVELY TO ASSIST BAM IN CARRYING OUT ITS MISSION. PART X, LINE 2: BAM BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2025 AND 2024 IN ACCORDANCE WITH FASB ACCOUNTING STANDARD CODIFICATION ("ASC") TOPIC 740, INCOME TAXES, WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -839,566. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 839,566. BAM TRAILBLAZERS GALA 2025 1215261 1124141 91120 191433 116795 23191 1215261 1124141 91120 191433 116795 23191 331419 -240299 X X X X X 0 0 0 0 0 0 0 0 0 GINA DUNCAN PRESIDENT (OUTGOING) 533365 0 0 0 21799 0 38295 0 17154 0 610613 0 0 0 JENNIFER ANGLADE CFO & VP OF FINANCE 324750 0 0 0 13364 0 36797 0 20896 0 395807 0 0 0 AMY CASSELLO ARTISTIC DIRECTOR 318835 0 0 0 18402 0 35785 0 17696 0 390718 0 0 0 COURTNEY KILLINGSWORTH CHIEF EXPERIENCE & IMPACT OFFICER 261575 0 0 0 420 0 30318 0 40290 0 332603 0 0 0 ELIZABETH N MOREAU PRODUCER & CHIEF PGRM. OPS. OFFICER 255530 0 0 0 11489 0 29171 0 21416 0 317606 0 0 0 JORDANA KIER CHIEF GROWTH OFFICER (OUTGOING) 282000 0 0 0 1203 0 31302 0 0 0 314505 0 0 0 LUIS FARFAN CHIEF BRAND CREATIVE OFC. (OUTGOING) 241182 0 0 0 369 0 27173 0 17708 0 286432 0 0 0 ALICE FLOWER CHIEF PEOPLE OFFICER 249700 0 0 0 1594 0 28338 0 5600 0 285232 0 0 0 WILLIAM A LEE CHIEF TECHNOLOGY OFFICER 228792 0 0 0 3630 0 25832 0 16821 0 275075 0 0 0 JEREMY J DEWEY CHIEF OF STAFF (OUTGOING) 219338 0 0 0 1165 0 24347 0 0 0 244850 0 0 0 ALICE STRYKER SIEGAL VICE PRESIDENT OF ADVANCEMENT 203231 0 0 0 1177 0 22559 0 0 0 226967 0 0 0 MICHAEL KATZ HEAD PROJECTIONIST 193847 0 0 0 0 0 21517 0 0 0 215364 0 0 0 NICHOLAS VARACALLI CREW CHIEF 188149 0 0 0 0 0 21220 0 3023 0 212392 0 0 0 SCHEDULE J, PART II: THE AMOUNTS REPORTED IN COLUMN B(III) INCLUDE TAXABLE PORTION OF GROUP TERM LIFE INSURANCE, PTO PAYOUT, HEALTH PREMIUM REBATE AND HEALTH BUY OUT. X 20 551825 AVG. HIGH/LOW X ENERGY SUPPORT 1 713248 FAIR MARKET VALUE X CIRS PENSION PLAN 1 300207 FAIR MARKET VALUE X REFRESHMENTS 17 22655 FAIR MARKET VALUE 0 1 0 PART I, COLUMN (B): THE NUMBER IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS. SCHEDULE M, PART I, LINE 25-27: THE THREE OTHER TYPES OF PROPERTY REPRESENT ENERGY SUPPORT, CIRS PENSION PLAN, GROUP LIFE INSURANCE, ADMIN FEES, AND REFRESHMENTS. TRANSFER OF ASSETS TO THE CITY OF NEW YORK: RENOVATION OF CULTURAL SPACE NAMED BAM STRONG 2025-06-02 39061092 COST 136400434 THE CITY OF NEW YORK CITY HALL NEW YORK NY 10007 GOVERNMENT ENTITY TRANSFER OF ASSETS TO THE CITY OF NEW YORK: CONSTRUCTION OF CULTURAL SPACE NAMED BAM KBH IN L10 ARTS AND CULTURAL CENTER 2024-09-18 1732742 COST 136400434 THE CITY OF NEW YORK CITY HALL NEW YORK NY 10007 GOVERNMENT ENTITY 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B TAX RETURN IS PREPARED BY AN INDEPENDENT ACCOUNTANT AND IS REVIEWED BY MANAGEMENT. DRAFT VERSIONS OF THE TAX RETURNS ARE PRESENTED TO THE FULL BOARD FOR REVIEW AND COMMENT IN ADVANCE OF THE FILING DEADLINE. AFTER ANY NECESSARY REVISIONS, THE TAX RETURNS ARE FILED WITH THE APPROPRIATE AUTHORITIES. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, ALL MEMBERS OF THE BOARD OF TRUSTEES AND SENIOR MANAGEMENT ARE REQUIRED TO REVIEW AND SIGN BAM'S CONFLICT OF INTEREST POLICY. WHEN A BIDDING SITUATION WITH A POTENTIAL CONFLICT ARISES, PROPOSALS FROM MULTIPLE SOURCES ARE REQUESTED. A SUBCOMMITTEE OF BAM'S BOARD GOVERNANCE COMMITTEE SERVES AS THE CONFLICT OF INTEREST COMMITTEE AND EVALUATES EACH CONFLICT OR POTENTIAL CONFLICT TO ENSURE THAT EACH BID MEETS THE CRITERIA SET FORTH IN BAM'S CONFLICT OF INTEREST POLICY. THOSE MEMBERS WITH A CONFLICT MAY NOT PARTICIPATE IN OR ATTEND AN AUTHORIZED BODY'S DELIBERATIONS OR VOTE ON THE CONFLICT OF INTEREST ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15A A COMMITTEE CONSISTING OF INDEPENDENT TRUSTEES AND MEMBERS OF MANAGEMENT COMPLETED A COMPENSATION REVIEW. THE SALARY AND BENEFIT DATA FOR COMPARABLE ROLES WAS REVIEWED AND DISCUSSED. FOR TOP MANAGEMENT AND OFFICERS, A COMPENSATION TARGET AND RANGE WAS ESTABLISHED FOR EACH POSITION. THIS PROCESS IS UNDERTAKEN ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THROUGH ITS WEBSITE (WWW.BAM.ORG), BAM MAKES AVAILABLE ITS CONFLICT OF INTEREST POLICY AND ITS FINANCIAL STATEMENTS. FORM 990, PART IX, LINE 11G COMPANY AND ARTIST FEES: PROGRAM SERVICE EXPENSES 3,262,435. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 2,640. TOTAL EXPENSES 3,265,075. CONSULTANTS AND PRODUCTION FEES: PROGRAM SERVICE EXPENSES 1,780,633. MANAGEMENT AND GENERAL EXPENSES 240,461. FUNDRAISING EXPENSES 143,280. TOTAL EXPENSES 2,164,374. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 11,843. MANAGEMENT AND GENERAL EXPENSES 87,500. FUNDRAISING EXPENSES 1,010. TOTAL EXPENSES 100,353. FORM 990, PART XI, LINE 9: DECREASE IN BENEFICIAL INTEREST IN BET ENDOWMENT TRUST -5,369,765. TRANSFER OF BAM KBH CULTURAL SPACE TO THE CITY OF NEW YORK -1,732,742. TRANSFER OF BAM STRONG CAPITAL IMPROVEMENTS TO THE CITY OF NEW YORK -39,061,092. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -16,326. FORM 990, PART XII, LINE 2C: THE PROCESS OF OVERSEEING OF THE AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. BAM ENDOWMENT TRUST 30 LAFAYETTE AVENUE BROOKLYN NY 11217 113112268 THE BAM ENDOWMENT TRUST OPERATES EXCLUSIVELY FOR THE BENEFIT OF BAM NY 501(C)(3) LINE 12C, III-FI N/A 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1