2024-10-18T08:36:00-05:00 2023-12-31 135565207 KPMG LLP 345 PARK AVENUE NEW YORK NY 101540102 990 2023-01-01 900884353 SHED NYC INC SHED 6468766904 545 WEST 30TH STREET NEW YORK NY 10001 PETER GEE CFO 6468766904 2024-10-16 1 0 TOBY RUTH FRIEDMAN KERSLAKE P01875806 2127589700 2024-10-11 2023 2024-10-15 13:58:12Z THE SHED MEREDITH HODGES 545 WEST 30TH STREET NEW YORK NY 10001 66496020 0 X WWW.THESHED.ORG X 2012 NY WE PRODUCE AND WELCOME INNOVATIVE ART AND IDEAS, ACROSS ALL FORMS OF CREATIVITY, SEE SCH O. 37 35 1459 321 5201730 0 15579396 48078520 8093394 5843126 -3618 -13545 5227978 6705543 28897150 60613644 0 0 0 0 17049333 17933647 318367 220848 3377179 31728351 26860223 49096051 45014718 -20198901 15598926 575214850 549675355 133422441 91935661 441792409 457739694 X THE SHED IS A NEW CULTURAL INSTITUTION OF AND FOR THE 21ST CENTURY. WE PRODUCE AND WELCOME INNOVATIVE ART AND IDEAS, ACROSS ALL FORMS OF CREATIVITY, TO BUILD A SHARED UNDERSTANDING OF OUR RAPIDLY CHANGING WORLD AND A MORE EQUITABLE SOCIETY. CONTINUED ON SCHEDULE O. 0 0 27265415 5799457 LIVE PERFORMANCE PROGRAMMINGLIVE PERFORMANCE PROGRAMMING IS AN ANNUAL SERIES OF NEW WORKS BY ESTABLISHED AND EMERGING ARTISTS ACROSS PERFORMING ARTS DISCIPLINES. DIVERSITY OF GENRE AND AUDIENCE EXPERIENCE GUIDES THE SHED'S ARTISTIC CHOICES, AS DOES COMMISSIONED ARTISTS' APPETITES FOR EXPERIMENTATION. 5354612 77049 VISUAL ARTS PROGRAMMINGVISUAL ARTS PROGRAMMING CONSISTS OF A SERIES OF EXHIBITIONS FEATURING NEW WORKS COMMISSIONED BY THE SHED FROM A RANGE OF BOTH ESTABLISHED AND EARLY-CAREER ARTISTS. 1287906 CIVIC PROGRAMSBY CREATING SOCIALLY-ENGAGED WORK IN PARTNERSHIP WITH LOCAL COMMUNITIES, THE SHED'S CIVIC PROGRAM DEVELOPS NEW AVENUES TO ENGAGEMENT FOR ARTISTS AND AUDIENCES WHO HAVE HISTORICALLY BEEN UNDERSERVED BY LARGE MANHATTAN-BASED CULTURAL ORGANIZATIONS. 33907933 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 1 1 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 140 0 1 1459 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 37 35 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X PETER GEE 6468766904 545 WEST 30TH STREET NEW YORK NY 10001 MEREDITH HODGES BEG 1023 CEO 40.00 0.00 X X 114415 0 10723 DEBBIE AUGUST END 0623 DIRECTOR 0.50 0.00 X 0 0 0 HEATHER BAKER DIRECTOR 0.50 0.00 X 0 0 0 RITU BANGA BEG 0723 DIRECTOR 0.50 0.00 X 0 0 0 PETER A BOYCE II DIRECTOR 0.50 0.00 X 0 0 0 NEERAJ CHANDRA DIRECTOR 0.50 0.00 X 0 0 0 MISTY COPELAND DIRECTOR 0.50 0.00 X 0 0 0 ROBERTA DENNING DIRECTOR 0.50 0.00 X 0 0 0 DANIEL L DOCTOROFF FOUNDING CHAIR 0.50 0.00 X X 0 0 0 DAVID DRAHI BEG 1023 DIRECTOR 0.50 0.00 X 0 0 0 LEW FRANKFORT DIRECTOR 0.50 0.00 X 0 0 0 DEXTER G GOEI END 0323 DIRECTOR 0.50 0.00 X 0 0 0 ROBERT GOLDSTEIN DIRECTOR 0.50 0.00 X 0 0 0 GLENDA G GRACE DIRECTOR 0.50 0.00 X 0 0 0 GARY HOBERMAN DIRECTOR 0.50 0.00 X 0 0 0 TODD KAHN DIRECTOR 0.50 0.00 X 0 0 0 MONISH KUMAR DIRECTOR 0.50 0.00 X 0 0 0 KATE D LEVIN DIRECTOR 0.50 0.00 X 0 0 0 CHRISTINA WEISS LURIE DIRECTOR 0.50 0.00 X 0 0 0 FRANK H MCCOURT JR DIRECTOR 0.50 0.00 X 0 0 0 MARIGAY MCKEE END 0623 DIRECTOR 0.50 0.00 X 0 0 0 DARLA MOORE DIRECTOR 0.50 0.00 X 0 0 0 COLBY MUGRABI DIRECTOR 0.50 0.00 X 0 0 0 DASHA ZHUKOVA NIARCHOS DIRECTOR (END 03/23) 0.50 0.00 X 0 0 0 CLAUDIA RANKINE DIRECTOR 0.50 0.00 X 0 0 0 PAULA RECART BEG 1223 DIRECTOR 0.50 0.00 X 0 0 0 MARIA CATALINA SAIEH GUZMAN DIRECTOR 0.50 0.00 X 0 0 0 ANDRES SANTO DOMINGO DIRECTOR 0.50 0.00 X 0 0 0 ANN SARNOFF DIRECTOR 0.50 0.00 X 0 0 0 DEAN SHAPIRO DIRECTOR 0.50 0.00 X 0 0 0 HARVEY J SPEVAK DIRECTOR 0.50 0.00 X 0 0 0 JONATHAN M TISCH CHAIR 0.50 0.00 X X 0 0 0 JED WALENTAS DIRECTOR 0.50 0.00 X 0 0 0 FRED WILSON DIRECTOR 0.50 0.00 X 0 0 0 DEBORAH WINSHEL DIRECTOR 0.50 0.00 X 0 0 0 KENNETH P WONG DIRECTOR 0.50 0.00 X 0 0 0 HON ADRIENNE E ADAMS DIRECTOR (EX-OFFICIO) 0.50 0.00 X 0 0 0 HON LAURIE CUMBO DIRECTOR (EX-OFFICIO) 0.50 0.00 X 0 0 0 HON MARK LEVINE DIRECTOR (EX-OFFICIO) 0.50 0.00 X 0 0 0 HON MARIA TORRES-SPRINGER DIRECTOR (EX-OFFICIO) 0.50 0.00 X 0 0 0 HON INGE IVCHENCKO DIRECTOR (EX-OFFICIO) 0.50 0.00 X 0 0 0 ALEXANDER POOTS ARTISTIC DIRECTOR 40.00 0.00 X 567376 0 2973 MARYANN JORDAN END 1123 CHIEF OPERATING OFFICER 40.00 0.00 X 555251 0 16667 PETER GEE CHIEF FINANCIAL OFFICER 40.00 0.00 X 345304 0 34372 ABDUL YOUNIS CHIEF EXECUTIVE PRODUCER 40.00 0.00 X 344413 0 12270 ROBERT MOHLER CHIEF DEVELOPMENT OFFICER 40.00 0.00 X 275000 0 1217 JEFFREY LEVINE CHIEF MARKETING & COMM OFFICER 40.00 0.00 X 203075 0 35751 TAMARA MCCAW END 1123 CHIEF CIVIC PROGRAM OFFICER 40.00 0.00 X 198108 0 14202 MANUEL BEJARANO BEG 0822 CHIEF PEOPLE OFFICER 40.00 0.00 X 197479 0 13263 ANDRIA HICKEY END 1023 CHIEF CURATOR 40.00 0.00 X 166206 0 13058 EZRA WIESNER END 0123 CHIEF TECHNOLOGY OFFICER 40.00 0.00 X 23631 0 2882 JOSHUA FREEMAN END 0923 CHIEF TECHNOLOGY OFFICER 40.00 0.00 X 45615 0 2419 JOSEPH WITTMANN END 1023 DIRECTOR OF FACILITIES 40.00 0.00 X 192038 0 947 REGINA DYCHES DIR. OF STRAT. PARTNERSHIPS 40.00 0.00 X 160769 0 13516 JOSH PHAGOO OPERATING ENGINEER 40.00 0.00 X 172573 0 4265 LAURA ASWAD PRODUCER 40.00 0.00 X 169946 0 955 EUNICE LIRIANO DIRECTOR OF CORPORATE PARTNERSHIPS 40.00 0.00 X 151574 0 20722 JEAN KWARTLER CONTROLLER 40.00 0.00 X 142218 0 26773 DANIELLE FARULA OPERATING ENGINEER 40.00 0.00 X 140802 0 7266 4165793 0 234241 39 0 1 0 LONDON THEATRE COMPANY PRODUCTIONS LTD 7 SAVOY COURT LONDON UK WC2R 0EX PRODUCTION SERVICES 944915 ALLIED UNIVERSAL SECURITY SERVICES PO BOX 828854 PHILADELPHIA PA 191828854 SECURITY STAFFING 820321 SASHA GROUP LLC 10 HUDSON YARDS FL 25 NEW YORK NY 10001 MARKETING 422430 SHEPPARD MULLIN RICHTER & HAMPTON LLP 333 S HOPE ST 33RD FL LOS ANGELES CA 900711422 LEGAL SERVICES 328423 FIERY ANGEL LTD 27 MORTIMER ST LONDON UK W1T 3BL PRODUCTION SERVICES 318217 12 565958 1453921 314500 45744141 249992 48078520 CO-COMMISSION REVENUE 711190 2793301 2793301 BOX OFFICE TICKET REV 711190 2267805 2267805 EXHIBITION INCOME 711190 782020 782020 5843126 614 614 10169714 3783792 6385922 6385922 5201730 1184192 1157519 1171678 -14159 -14159 -14159 152835 1453921 848214 -695379 -695379 112072 78692 33380 33380 FOOD & BEVERAGE 722511 971087 971087 CREDIT CARD REBATE 900099 5538 5538 CATALOG SERVICES 900099 1127 1127 3868 3868 981620 60613644 5876506 5201730 1456888 3562939 2161874 782169 618896 9408901 4359997 4085103 963801 12472 6553 4107 1812 3520832 2537602 840123 143107 1428503 924198 386829 117476 97124 1800 95324 124855 124855 220848 220848 481299 117742 363557 810023 797750 61 12212 168005 107931 29095 30979 1595396 1435346 160050 2931250 2673462 118554 139234 210130 137241 52570 20319 2536987 2313872 102608 120507 13205400 12044051 534092 627257 1025036 934889 41458 48689 PRODUCTION EXPENSE 2362872 2339398 2034 21440 DEVELOP. & SPEC. EVENTS 682259 392027 0 290232 ARTIST & PERFORMING FEE 620066 620066 0 0 PROF. DEVELOPMENT 9521 2134 7017 370 45014718 33907933 7729606 3377179 4606898 7887621 37285540 19329367 61180 1253357 15750 6000 89886 89886 169565 430728 583178012 63333590 531452917 519844422 1533114 833974 575214850 549675355 6191270 8405027 2818426 4536013 54500000 54944503 35216620 19094570 25000000 0 9696125 4955548 133422441 91935661 X 440225803 456473028 1566606 1266666 441792409 457739694 575214850 549675355 X 15598926 348359 X X 0 1 X 1 0 X 90569567 100932172 45684079 15579396 48078520 300843734 90569567 100932172 45684079 15579396 48078520 300843734 117265420 183578314 2223 1300 335 345 2006165 2010368 1192349 163547 352569 1028496 1134455 3871416 306725518 22395621 0.59850 0.63740 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FOOD AND BEVERAGE - 2019 AMOUNT: $ 1,018,022. 2020 AMOUNT: $ 71,684. 2021 AMOUNT: $ 162,131. 2022 AMOUNT: $ 860,553. 2023 AMOUNT: $ 971,087. STATE TAX REFUND - 2019 AMOUNT: $ 34,000. 2020 AMOUNT: $ 31,329. 2021 AMOUNT: $ 12,957. CORP CREDIT CARD CASHBACK - 2019 AMOUNT: $ 6,662. 2020 AMOUNT: $ 15,543. CLEANING DEPOSITS - 2021 AMOUNT: $ 50,000. OTHER - 2020 AMOUNT: $ 44,991. 2021 AMOUNT: $ 12,341. 2022 AMOUNT: $ 53,453. 2023 AMOUNT: $ 10,533. LICENSING - 2022 AMOUNT: $ 25,000. GROSS FUNDRAISING INCOME - 2019 AMOUNT: $ 133,665. 2021 AMOUNT: $ 115,140. 2022 AMOUNT: $ 89,490. 2023 AMOUNT: $ 152,835. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 566916910 51011814 515905096 11861250 9324558 2536692 4399852 2997218 1402634 519844422 RETAINAGE PAYABLE 4919876 OTHER LIABILITIES 29672 4949548 X 64745795 348359 348359 64397436 -3783792 -3783792 60613644 48798510 3783792 3783792 45014718 0 45014718 PART X, LINE 2: UNCERTAIN TAX POSITIONS SHED NYC, INC. IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, IT IS NOT SUBJECT TO FEDERAL INCOME TAX. SHED NYC, INC. IS ALSO EXEMPT FROM STATE AND LOCAL INCOME TAXES. INCOME GENERATED FROM ACTIVITIES UNRELATED TO SHED NYC, INC.'S EXEMPT PURPOSE IS SUBJECT TO TAX UNDER INTERNAL REVENUE CODE SECTION 511. DURING THE YEARS ENDED DECEMBER 31, 2023 AND 2022, THE SHED DID NOT RECOGNIZE ANY UNRELATED BUSINESS INCOME TAX. THE SHED RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. PART XI, LINE 2D - OTHER ADJUSTMENTS: DISCOUNT FOUNDING CAPITAL CAMPAIGN REVENUE 348,359. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES -3,783,792. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES 3,783,792. EUROPE (INCLUDING ICELAND & GREENLAND) 0 3 PROGRAM SERVICES PRODUCTION SERVICES 1263132 0 3 0 0 0 3 1263132 0 1263132 0 0 0 0 0 0 X X X X X X 1 WALNUT HILL MEDIA LLC 667 MADISON AVE NEW YORK NY 10065 FUNDRAISING COUNSEL 0 0 199236 -199236 199236 -199236 CT NJ NY PA GALA 1518020 1386065 131955 90323 268334 75658 397834 MIRROR BALL 88736 67856 20880 16065 1606756 1453921 152835 90323 268334 75658 413899 848214 -695379 SCHEDULE G, PART I, LINE 2B NAME OF FUNDRAISER: WALNUT HILL MEDIA, LLC AMOUNT PAID TO (OR RETAINED BY) FUNDRAISER: $18,000 PER MONTH FLAT FEE, ARRANGEMENT PLUS ELIGIBLE EXPENSE REIMBURSEMENTS. THE INITIAL TERM FOR THE ARRANGEMENT COMMENCED ON APRIL 1, 2013 AND LASTED THROUGH DECEMBER 31, 2013. THE CONTRACT HAS BEEN AUTOMATICALLY RENEWED IN SIX MONTH INTERVALS SINCE 2013 AND WILL CONTINUE UNLESS EITHER SIDE GIVES WRITTEN TERMINATION NOTICE. X 0 1 X X X 1 0 0 0 0 0 0 0 0 MARYANN JORDAN END 1123 CHIEF OPERATING OFFICER 413361 0 0 0 141890 0 0 0 16667 0 571918 0 0 0 ALEXANDER POOTS ARTISTIC DIRECTOR 543376 0 0 0 24000 0 0 0 2973 0 570349 0 0 0 PETER GEE CHIEF FINANCIAL OFFICER 345304 0 0 0 0 0 0 0 34372 0 379676 0 0 0 ABDUL YOUNIS CHIEF EXECUTIVE PRODUCER 298580 0 0 0 45833 0 0 0 12270 0 356683 0 0 0 ROBERT MOHLER CHIEF DEVELOPMENT OFFICER 275000 0 0 0 0 0 0 0 1217 0 276217 0 0 0 JEFFREY LEVINE CHIEF MARKETING & COMM OFFICER 203075 0 0 0 0 0 0 0 35751 0 238826 0 0 0 TAMARA MCCAW END 1123 CHIEF CIVIC PROGRAM OFFICER 186785 0 0 0 11323 0 0 0 14202 0 212310 0 0 0 MANUEL BEJARANO BEG 0822 CHIEF PEOPLE OFFICER 197479 0 0 0 0 0 0 0 13263 0 210742 0 0 0 JOSEPH WITTMANN END 1023 DIRECTOR OF FACILITIES 182700 0 0 0 9338 0 0 0 947 0 192985 0 0 0 ANDRIA HICKEY END 1023 CHIEF CURATOR 22260 0 0 0 143946 0 0 0 13058 0 179264 0 0 0 JOSH PHAGOO OPERATING ENGINEER 172573 0 0 0 0 0 0 0 4265 0 176838 0 0 0 REGINA DYCHES DIR. OF STRAT. PARTNERSHIPS 160769 0 0 0 0 0 0 0 13516 0 174285 0 0 0 EUNICE LIRIANO DIRECTOR OF CORPORATE PARTNERSHIPS 151574 0 0 0 0 0 0 0 20722 0 172296 0 0 0 LAURA ASWAD PRODUCER 169946 0 0 0 0 0 0 0 955 0 170901 0 0 0 JEAN KWARTLER CONTROLLER 142218 0 0 0 0 0 0 0 26773 0 168991 0 0 0 PART I, LINE 1A SCHEDULE J, PART I, LINES 1A AND 1B HOUSING ALLOWANCE IN 2023, THE SHED PROVIDED A HOUSING ALLOWANCE TO THE ARTISTIC DIRECTOR, CHIEF OPERATING OFFICER AND CHIEF EXECUIVE PRODUCER PURSUANT TO THE TERMS UNDER THEIR RESPECTIVE EMPLOYMENT AGREEMENTS (WHICH WERE APPROVED BY THE BOARD). THESE AMOUNTS ARE INCLUDED IN THE OFFICERS' TAXABLE WAGES AND REPORTED ON SCHEDULE J, PART II, COLUMN (B)(III). PART I, LINE 4A SEVERANCE COMPENSATION IN 2023, ANDRIA HICKEY AND MARYANN JORDAN RECEIVED SEVERANCE COMPENSATION ($138,923 AND $54,734, RESPECTIVELY). THESE AMOUNTS ARE INCLUDED IN THE OFFICERS' TAXABLE WAGES AND REPORTED ON SCHEDULE J, PART II, COLUMN (B)(III). STEPHEN M ROSS EX-DIRECTOR CONSTRUCTION LOAN X 45000000 45000000 0 1 1 DAN DOCTOROFF DIRECTOR WORKING OPERATING CAPITAL LOAN X 9944503 9944503 0 1 1 ABDUL YOUNIS CHIEF EXECUTIVE PRODUCER REFUNDABLE SECURITY DEPOSIT X 6000 6000 0 1 1 54950503 SCHEDULE L, PART II, LOANS TO AND FROM INTERESTED PERSONS: NAME OF PERSON: DANIEL DOCTOROFFRELATIONSHIP WITH ORGANIZATION: DIRECTORPURPOSE OF LOAN: WORKING OPERATING CAPITAL LOANNAME OF PERSON: STEPHEN M. ROSSRELATIONSHIP WITH ORGANIZATION: SUBSTANTIAL CONTRIBUTORPURPOSE OF LOAN: CONSTRUCTION LOANNAME OF PERSON: ABDUL YOUNISRELATIONSHIP WITH ORGANIZATION: CHIEF EXECUTIVE PRODUCERPURPOSE OF LOAN: REFUNDABLE SECURITY DEPOSIT X 2 249992 GIFT VALUE 0 0 1 0 SCHEDULE M, PART I, COLUMN (B): THE NUMBER IN COLUMN (B) REPRESENTS THE NUMBER OF SEPARATE CONTRIBUTORS. SCHEDULE M, PART I, COLUMN (D): AVERAGE PRICE BETWEEN THE HIGHEST AND LOWEST QUOTED SELLING PRICES ON THE DATE RECEIVED. FORM 990, PART I, LINE 1 WE PRODUCE AND WELCOME INNOVATIVE ART AND IDEAS, ACROSS ALL FORMS OF CREATIVITY, TO BUILD A SHARED UNDERSTANDING OF OUR RAPIDLY CHANGING WORLD AND A MORE EQUITABLE SOCIETY. FORM 990, PART III, LINE 4A (CONTINUED) LIVE PERFORMANCE PROGRAMMING MISTY BY ARINZ KENE (MARCH 3 - APRIL 2): IN A PERFORMANCE THAT IS PART POEM, PART CONCERT, PART CONFESSION, OLIVIER AWARD NOMINEE ARINZ KENE SELF-CONSCIOUSLY WRESTLES WITH CULTURAL REPRESENTATION AND IDENTITY POLITICS AS THEY PERTAIN TO A NEW PLAY HE HAS BEEN COMMISSIONED TO WRITE. KENE MADE HIS U.S. STAGE DEBUT WITH THIS RIVETING PRODUCTION DIRECTED BY OMAR ELERIAN. A PULSATING ORIGINAL SCORE COMPOSED BY KENE, ADRIAN MCLEOD, AND SHILOH COKE WAS PERFORMED BY A LIVE BAND FEATURING CO-MUSICAL DIRECTORS LIAM GODWIN (KEYS/SYNTH) AND NADINE LEE (DRUMS/BASS). THE NEW YORK TIMES WROTE, "THE PRODUCTION IS BEAUTIFULLY ATMOSPHERIC, PROPULSIVE AND OFTEN A SENSORY FEAT." KAGAMI (JUNE 7 - JULY 9): CREATED BY LEGENDARY COMPOSER, PRODUCER, ARTIST, AND ENVIRONMENTAL ACTIVIST RYUICHI SAKAMOTO (YELLOW MAGIC ORCHESTRA, THE LAST EMPEROR, THE REVENANT) AND TIN DRUM, KAGAMI ("MIRROR" IN JAPANESE) REPRESENTED A NEW KIND OF CONCERT, FUSING DIMENSIONAL MOVING PHOTOGRAPHY WITH THE REAL WORLD TO CREATE A NEVER-BEFORE-EXPERIENCED MIXED REALITY PRESENTATION. AUDIENCES WORE OPTICALLY TRANSPARENT DEVICES TO VIEW THE VIRTUAL SAKAMOTO PERFORMING ON PIANO ALONGSIDE DIMENSIONAL ART ALIGNED WITH THE MUSIC. PRESENTED IN SURROUND SOUND, THE EXPERIENCE WAS BOTH COLLECTIVE AND INDIVIDUAL, INVITING OBSERVERS TO CONNECT TO THE WORK AND EACH OTHER THROUGHOUT. WHILE AUDIENCES COULD VIEW THE SHOW IN A SEATED FORMAT, THEY WERE ALSO FREE TO WANDER AND EXPLORE DURING THE HOUR-LONG EVENT. SONIC SPHERE (JUNE 16 - JULY 30): SONIC SPHERE, A VAST, 65-FOOT-DIAMETER SPHERICAL CONCERT HALL SUSPENDED IN AIR IN THE SHED'S SOARING, 115-FOOT-TALL MCCOURT, WAS THE CREATION OF ARTISTS ED COOKE, MERIJN ROYAARDS, AND NICHOLAS CHRISTIE, ALONGSIDE THE SONIC SPHERE AND SHED TEAMS. THIS REVOLUTIONARY NEW ARCHITECTURAL SPACE FEATURED IMMERSIVE, 3-D SOUND AND LIGHT EXPLORATIONS OF MUSIC BY BOUNDARY-PUSHING ARTISTS, INCLUDING THE XX, STEVE REICH, PYOTR TCHAIKOVSKY, CARL CRAIG, YUN PINKU, IGOR LEVIT, AND MORE. WITHIN THE SPHERE, PARTICIPANTS WERE SURROUNDED BY MORE THAN 100 SPEAKERS THAT MOVED SOUND ABOVE, BELOW, THROUGH, AND AROUND THE FULLY IMMERSIVE SPACE. SOUND AND LIGHT WAVES WERE SCULPTED INTO SPATIALIZED, TEMPORAL ARCHITECTURES. SONIC SPHERE CREATED HYPERREAL AND DEEPLY MULTISENSORY, SHARED EXPERIENCES. HERE WE ARE (SEPTEMBER 28 - JANUARY 21): THE WORLD PREMIERE OF THE FINAL MUSICAL BY COMPOSER STEPHEN SONDHEIM. WITH A BOOK BY DAVID IVES AND DIRECTED BY JOE MANTELLO, THE PRODUCTION FEATURED FRANCOIS BATTISTE, TRACIE BENNETT, BOBBY CANNAVALE, MICAELA DIAMOND, AMBER GRAY, JIN HA, RACHEL BAY JONES, DENIS O'HARE, STEVEN PASQUALE, DAVID HYDE PIERCE, AND JEREMY SHAMOS. HERE WE ARE IS BASED ON TWO LUIS BUUEL FILMS, "THE DISCREET CHARM OF THE BOURGEOISIE AND "THE EXTERMINATING ANGEL." IT FOLLOWS A GROUP OF FRIENDS AS THEY ARE CHASING BRUNCH TO THE BRINK OF APOCALYPSE. FORM 990, PART III, LINE 4B (CONTINUED) VISUAL ARTS PROGRAMMING THE YANOMAMI STRUGGLE (FEBRUARY 3 - APRIL 16): THE YANOMAMI STRUGGLE WAS A COMPREHENSIVE EXHIBITION DEDICATED TO THE COLLABORATION AND FRIENDSHIP BETWEEN ARTIST AND ACTIVIST CLAUDIA ANDUJAR AND THE YANOMAMI PEOPLE, ONE OF THE LARGEST INDIGENOUS GROUPS LIVING IN AMAZONIA TODAY. THE EXHIBITION, PRESENTED IN PARTNERSHIP WITH FONDATION CARTIER POUR L'ART CONTEMPORAIN, INCLUDED MORE THAN 80 DRAWINGS AND PAINTINGS BY YANOMAMI ARTISTS ANDRE TANIKI, EHUANA YAIRA, JOSECA MOKAHESI, ORLANDO NAKI UXIMA, PORACO HIKO, SHEROANAWE HAKIHIIWE, AND VITAL WARASI. VISITORS ALSO ENCOUNTERED NEW VIDEO WORKS BY CONTEMPORARY YANOMAMI FILMMAKERS AIDA HARIKA, EDMAR TOKORINO, MORZANIEL IRAMARI, AND ROSEANE YARIANA. THESE WORKS WERE PRESENTED ALONGSIDE MORE THAN 200 PHOTOGRAPHS BY CLAUDIA ANDUJAR THAT TRACE THE ARTIST'S EXPERIENCES WITH THE YANOMAMI OVER FIVE DECADES AND CONTINUE TO RAISE VISIBILITY FOR THEIR STRUGGLE TO PROTECT THEIR LAND, PEOPLE, AND CULTURE. THE WORKS BY THESE CONTEMPORARY YANOMAMI ARTISTS WERE ON VIEW IN NEW YORK FOR THE FIRST TIME AT THE SHED, BRINGING TOGETHER THE MOST EXTENSIVE PRESENTATION OF YANOMAMI ART IN THE US TO DATE. FORM 990, PART III, LINE 4C (CONTINUED) CIVIC PROGRAMS PERICLES (JUNE 3): IN ITS SECOND YEAR IN RESIDENCY AT THE SHED, THE FIRE ENSEMBLE, LED BY ARTISTIC DIRECTOR AND OPEN CALL ALUM TROY ANTHONY, PRESENTED A WORKSHOP READING OF ANTHONY'S NEW MUSICAL ADAPTATION OF SHAKESPEARE'S PERICLES. ORIGINALLY COMMISSIONED BY THE PUBLIC THEATER, PERICLES FEATURED 60 CHOIR MEMBERS, 10 ACTORS, AND EXPLORES THEMES OF GRIEF AND HARD-WON JOY. THE FIRE ENSEMBLE'S COLLECTIVE APPROACH CENTERS INTERGENERATIONAL BIPOC COMMUNITIES; PERICLES COMBINES INFLUENCES FROM BLACK MUSICAL TRADITIONS INCLUDING GOSPEL AND R&B WITH SHAKESPEAREAN VERSE TO OFFER AN UPDATED TAKE ON SHIPWRECKS, PIRATES, JOUSTING TOURNAMENTS, AND EPIC JOURNEYS. THE FREE PUBLIC PERFORMANCE WAS LED BY DIRECTOR TORYA BEARD AND MADE ACCESSIBLE TO DEAF AUDIENCES BY DIRECTOR OF ARTISTIC SIGN LANGUAGE GABRIEL SILVA. IT WAS THE FIRST TIME THE WORK HAD BEEN SHARED PUBLICLY. SUMMER SWAY (AUGUST 11-26): SUMMER SWAY RETURNED IN ITS SECOND YEAR TO TAKE OVER THE SHED'S OUTDOOR, PUBLIC PLAZA. OUR COMMUNITY JOINED US AS WE CELEBRATED THE SEASON WITH THE JOY AND LIBERATION THAT MUSIC AND DANCE GIVE US. DJS AND SPECIAL GUESTS FROM ACROSS THE CITY SPUN FOR US ON FRIDAY AND SATURDAY EVENINGS. WE ENJOYED MUSIC AND MORE BY NEW YORK'S MOST INNOVATIVE AND CREATIVE DJS AND MUSICAL ARTISTS WHO CONTINUE TO REINTERPRET AND MIX SOUNDS OF HIP HOP, HOUSE, AFROBEATS, SALSA, REGGAE, AND MORE. DJS INCLUDED AQ, THE SALSA PROJECT, DJ JFUSE, REINALDO DE JESUS, SOUL SUMMIT, NUEVAYORKINOS, DJ UNDOCUBOUGIE, DJ ULTRA VIOLET, BR0NZ3_G0DD3SS, DJ ELISE, AND DJ MOMA. WEST SIDE FEST (SEPTEMBER 30): THE SHED AND OUR NEIGHBORS IN THE WEST SIDE CULTURAL NETWORK CAME TOGETHER FOR THE FIRST WEST SIDE FEST: A DAY OF FREE ADMISSION, SPECIAL INDOOR AND OUTDOOR PROGRAMMING, CRAFTS FOR KIDS, ARTMAKING FOR ALL AGES, AND MORE. THE FESTIVAL WRAPPED UP WITH A BLOCK PARTY AT THE SHED, FEATURING DANCE SETS BY THE DRAGON SISTERS AND LADIES OF HIP-HOP, AS WELL AS ONGOING DJ SETS BY RIOBAMBA, BEARCAT, AND ASHLEY VENOM. OTHER ORGANIZATIONS WHO PARTICIPATED IN WEST SIDE FEST INCLUDE THE WHITNEY MUSEUM OF AMERICAN ART, POSTER HOUSE, HILL ARTS FOUNDATION, HUDSON RIVER PARK, WESTBETH ARTISTS RESIDENCE, LITTLE ISLAND, WEST VILLAGE REHEARSAL CO-OP, THE LESBIAN, GAY, BISEXUAL, TRANSGENDER COMMUNITY CENTER, THE NEW YORK CITY AIDS MEMORIAL PARK, NEW YORK LIVE ARTS, THE KITCHEN, THE RUBIN MUSEUM OF ART, THE HIGH LINE, AND THE CENTER FOR ART, RESEARCH AND ALLIANCES (CARA). SPARKS! (NOVEMBER 20): AS PART OF THE ETHOS OF THE FIRE ENSEMBLE, CREATIVE DIRECTOR TROY ANTHONY IMAGINED A WAY OF WORKING THAT IS TRANSFERABLEFROM ARTIST TO ARTIST, COMMUNITY TO COMMUNITY. IN SPARKS!, A SPECIAL OPEN REHEARSAL FOR THE FIRE ENSEMBLE'S CHOIR COMMUNITY, ANTHONY WELCOMED GUEST ARTISTS SEAN M. STAROWITZ, GOGO YEMA (PROFESSIONALLY KNOWN AS JILLIAN WALKER), JAIME CEPERO, AND JOHN-MICHAEL LYLES TO HIGHLIGHT SELECTIONS FROM COLLABORATIVE WORKS IN PROGRESS, ALONGSIDE SELECTIONS OF HIS OWN WORKS IN DEVELOPMENT. SPARKS! FOLLOWED FULL-SCALE WORKSHOP PRODUCTIONS AND READINGS PRESENTED OVER THE PAST TWO YEARS AS PART OF THE FIRE ENSEMBLE'S INCUBATION AT THE SHED. THIS OPEN REHEARSAL PEELED BACK THE LAYERS OF THE CREATIVE PROCESS EVEN FURTHER TO THE EARLIEST STAGES OF A PROJECT'S DEVELOPMENT, REVEALING THE COLLABORATIVE CHEMISTRY THAT DETERMINES THE TRAJECTORY OF NEW ARTWORKS. OPEN CALL 2023 GROUP EXHIBITION (NOVEMBER 4 - JANUARY 21): THE OPEN CALL 2023 GROUP EXHIBITION FEATURED NEW ARTWORKS BY EMERGING NYC ARTISTS WHO INTERSECT THEIR PERSONAL STORIES WITH GLOBAL HISTORY, PROPOSING CARE- AND COMMUNITY-BASED RESPONSES TO THE URGENT ISSUES OF OUR TIME. THE EXHIBITION PRESENTED THE WORK OF ARTISTS SELECTED AS PART OF OPEN CALL, A LARGE-SCALE COMMISSIONING PROGRAM FOR EARLY-CAREER, NYC-BASED ARTISTS. OPEN CALL ARTISTS WHO PRESENTED IN THE EXHIBITION INCLUDE MINNE ATAIRU, JAKE BRUSH, CATHY LINH CHE & CHRISTOPHER RADCLIFF, ARMANDO GUADALUPE CORTS, LIZANIA CRUZ, BRYAN FERNANDEZ, LUIS A. GUTIERREZ, JEFFREY MERIS, CALLI ROCHE, AND SANDY WILLIAMS IV. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION THE SHED IS A NEW CULTURAL INSTITUTION OF AND FOR THE 21ST CENTURY. WE PRODUCE AND WELCOME INNOVATIVE ART AND IDEAS, ACROSS ALL FORMS OF CREATIVITY, TO BUILD A SHARED UNDERSTANDING OF OUR RAPIDLY CHANGING WORLD AND A MORE EQUITABLE SOCIETY. IN OUR HIGHLY ADAPTABLE BUILDING ON MANHATTAN'S WEST SIDE, THE SHED BRINGS TOGETHER ESTABLISHED AND EMERGING ARTISTS TO CREATE NEW WORK IN FIELDS RANGING FROM POP TO CLASSICAL MUSIC, PAINTING TO DIGITAL MEDIA, THEATER TO LITERATURE, AND SCULPTURE TO DANCE. WE SEEK OPPORTUNITIES TO COLLABORATE WITH CULTURAL PEERS AND COMMUNITY ORGANIZATIONS, WORK WITH LIKE-MINDED PARTNERS, AND PROVIDE UNIQUE SPACES FOR PRIVATE EVENTS. THE SHED WAS DESIGNED TO BREAK WITH THE TRADITIONS THAT SEPARATE ART FORMS AND AUDIENCES. BY MINIMIZING SOCIAL AND ECONOMIC BARRIERS TO ENTRY, WE OFFER A WARM, WELCOMING SPACE FOR INNOVATION AND DIALOGUE. EMBRACING TECHNOLOGY, WE WORK WITH CREATIVE THINKERS AND PARTNERS TO CREATE TRANSFORMATIONAL DIGITAL EXPERIENCES ON-SITE AND ONLINE. USING OUR FLEXIBLE INFRASTRUCTURE AND OPERATIONAL CAPABILITIES, WE CAN PRODUCE PERFORMANCES, EXHIBITIONS, EVENTS, AND GATHERINGS OF ALMOST ANY TYPE IN EXPANSIVE, MULTI USE VENUES THAT ALLOW FOR SOCIAL DISTANCING. DRIVEN BY OUR BELIEF THAT ACCESS TO NEW ART AND IDEAS IS A RIGHT, NOT A PRIVILEGE, WE PRESENT ENGAGING EXPERIENCES AND FORGE DEEP BONDS BETWEEN OUR ARTISTS AND AUDIENCES. AS AN INDEPENDENT NONPROFIT THAT VALUES INVENTION, EQUITY, AND GENEROSITY, WE ARE COMMITTED TO ADVANCING ART FORMS, ADDRESSING THE URGENT ISSUES OF OUR TIME, AND MAKING OUR WORK IMPACTFUL, SUSTAINABLE, AND RELEVANT TO THE LOCAL COMMUNITY, THE CULTURAL SECTOR, NEW YORK CITY, AND BEYOND. FORM 990, PART VI, SECTION A, LINE 2 RELATIONSHIPS BETWEEN BOARD MEMBERS KEN WONG IS COO/DIRECTOR OF INTERNATIONAL DEVELOPMENT FOR RELATED COMPANIES. DEAN SHAPIRO IS SVP INVESTMENTS/HEAD OF US DEVELOPMENT FOR OXFORD PROPERTIES GROUP. RELATED AND OXFORD ARE GENERAL PARTNERS IN THE HUDSON YARDS DEVELOPMENT. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF FORM 990 FORM 990 IS PROVIDED TO THE ENTIRE BOARD OF DIRECTORS OF THE ORGANIZATION FOR REVIEW BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY REVIEW IMMEDIATELY UPON ELECTION TO THE BOARD, ALL DIRECTORS SHALL DISCLOSE ANY RELEVANT INTEREST WHICH MAY POSE CONFLICT OF INTEREST QUESTIONS, DISCLOSURE SHALL INCLUDE ANY INTEREST, FINANCIAL OR OTHERWISE, IN ANY CORPORATION, ORGANIZATION, OR PARTNERSHIP WHICH PROVIDES PROFESSIONAL OR OTHER SERVICES TO THE CORPORATION. WHEN ANY MATTER COMES BEFORE THE BOARD OR ANY COMMITTEE OF THE BOARD IN WHICH A DIRECTOR HAS AN INTEREST, THE DIRECTOR WHO HAS AN INTEREST SHALL PROMPTLY AND FULLY DISCLOSE HIS OR HER INTEREST TO THE BOARD OR COMMITTEE PRIOR TO ITS ACTING ON THE MATTER. SUCH DISCLOSURE SHALL INCLUDE ANY RELEVANT AND MATERIAL FACTS KNOWN TO SUCH PERSON ABOUT THE CONTRACT OR TRANSACTION THAT MIGHT REASONABLY BE CONSTRUED TO BE ADVERSE TO THE CORPORATION. BOARD MEMBERS ARE REQUIRED, ANNUALLY, TO SIGN AN AFFIDAVIT TO DISCLOSE WHETHER OR NOT A CONFLICT EXISTS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION REVIEW COMPENSATION FOR THE ARTISTIC DIRECTOR AND THE CEO ARE REVIEWED AND DETERMINED ANNUALLY BY THE SHED'S INDEPENDENT BOARD OF DIRECTORS. THE MOST RECENT REVIEW FOR THE ARTISTIC DIRECTOR OCCURED IN JANUARY 2023. THE MOST RECENT REVIEW FOR THE CEO OCCURED IN OCTOBER 2023. COMPENSATION FOR OTHER SENIOR MANAGEMENT POSITIONS BELOW THE EXECUTIVE LEVEL ARE REVIEWED AND DETERMINED BY THE CEO, THE CHIEF PEOPLE OFFICER AND THE CHIEF FINANCIAL AND ADMINISTRAIVE OFFICER. COMPENSATION REVIEW INCLUDES INPUT FROM INDEPENDENT SOURCES AND COMPARATIVE DATA FROM SIMILARLY SITUATED ORGANIZATIONS. THE APPROVAL PROCESS IS CONTEMPORANEOUSLY DOCUMENTED IN THE BOARD MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS TO THE PUBLIC THE ORGANIZATION MAKES ITS CERTIFICATE OF INCORPORATION, BYLAWS, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. REQUESTS FOR REVIEWING THE ORGANIZATION'S DOCUMENTS SHOULD BE ADDRESSED TO THE ORGANIZATION IN CARE OF PETER GEE AS NOTED IN PART VI, SECTION C, LINE 20. FORM 990, PART XI, LINE 9: DISCOUNT FOUNDING CAPITAL CAMPAIGN REVENUE 348,359. CULTURE SHED LESSEE LLC 545 WEST 30TH STREET NEW YORK NY 10001 900884353 LEASING ORG DE SHED NYC INC