2025-05-14T07:23:50-05:00 2024-06-30 991856619 GRANT THORNTON ADVISORS LLC 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2023-07-01 111672743 THE BROOKLYN INSTITUTE OF ARTS AND SCIENCES BROO 7185016200 200 EASTERN PARKWAY BROOKLYN NY 112386052 ANNE PASTERNAK SHELBY WHITE & LEON LEVY DIR. 7185016200 2025-05-14 1 1 SCOTT THOMPSETT P00741490 2125990100 2023 2025-03-06 01:10:19Z ANNE PASTERNAK 200 EASTERN PARKWAY BROOKLYN NY 112386052 121978815 0 X WWW.BROOKLYNMUSEUM.ORG X 1890 NY BRING PEOPLE TOGETHER THROUGH ART & EXPERIENCES THAT INSPIRE CELEBRATION, COMPASSION & COURAGE. 57 57 621 0 0 0 39259537 52137106 8626657 8182891 2097014 6629998 953985 1345217 50937193 68295212 0 0 0 0 37131989 43494319 255857 778490 6108341 24728368 33650823 62116214 77923632 -11179021 -9628420 378108247 392149797 39185211 41741261 338923036 350408536 X THE MISSION OF THE BROOKLYN INSTITUTE OF ARTS AND SCIENCES, D/B/A BROOKLYN MUSEUM (THE "MUSEUM") IS TO BRING PEOPLE TOGETHER THROUGH ART AND EXPERIENCES THAT INSPIRE CELEBRATION, COMPASSION, COURAGE, AND THE WILL TO ACT. (SEE SCHEDULE O). 0 0 33606241 0 1609704 CURATORIAL AND EDUCATIONAL CURATORIAL - THE BROOKLYN MUSEUM STUDIES, PRESERVES AND EXHIBITS A VAST AND COMPREHENSIVE COLLECTION THAT SPANS NEARLY 6,000 YEARS OF HISTORY AND REPRESENTS CULTURES FROM AROUND THE GLOBE. PERMANENT INSTALLATIONS PRESENT THE MUSEUM'S COLLECTIONS OF ARTS OF THE AMERICAS AND EUROPE; ARTS OF ANCIENT EGYPT, AFRICA, ASIA, AND THE MIDDLE EAST; CONTEMPORARY, AND FEMINIST ART. SEVERAL OF THE MUSEUM'S COLLECTIONS ARE CONSIDERED TO BE AMONG THE HIGHEST QUALITY IN THE WORLD, INCLUDING ITS AMERICAN AND EGYPTIAN ART COLLECTIONS. (CONTINUED IN SCHEDULE O)TRAVELING EXHIBITIONS PROVIDE UNIQUE OPPORTUNITIES FOR AUDIENCES FROM ACROSS THE GLOBE TO EXPERIENCE WORKS FROM THE MUSEUM'S RENOWNED COLLECTION. EDUCATION - INNOVATIVE EDUCATION AND PUBLIC PROGRAMS SERVE STUDENTS, TEACHERS, FAMILIES AND ADULTS THIS YEAR. THROUGH EXPLORING THE COLLECTION AND SPECIAL EXHIBITIONS AND THROUGH HANDS-ON ART-MAKING, THESE PROGRAMS STRENGTHEN CLASSROOM LEARNING AND PROMOTE LIFELONG CONNECTIONS TO THE VISUAL ARTS. NATIONALLY RECOGNIZED PROGRAMS SUCH AS FIRST SATURDAYS HAS BECOME ONE OF THE MOST BELOVED BROOKLYN PROGRAMS, HOSTING APPROXIMATELY 1.5 MILLION VISITORS SINCE ITS DEBUT IN 1988. EDUCATION PROGRAMS ARE CENTRAL TO THE MUSEUM'S MISSION OF FOCUSING AND ENRICHING THE EXPERIENCES OF OUR VISITORS. 9267368 0 410266 SPECIAL EXHIBITIONS BROOKLYN MUSEUM PIONEERS THE PRESENTATION AND INTERPRETATION OF THE VISUAL AND ARTISTIC HERITAGE OF WORLD CULTURES. A WELL-ROUNDED SELECTION OF EXHIBITIONS REINFORCES THE MUSEUM'S LEADERSHIP IN ARTS SCHOLARSHIP. THESE EXHIBITIONS ATTRACTED ROBUST PUBLIC ATTENTION AND ENGAGED AUDIENCES OF ALL BACKGROUNDS AND AGES IN THE VISUAL ARTS. 8387696 0 5904006 PUBLIC AFFAIRS AND INFORMATION IN FY24, MORE THAN 600,000 VISITORS EXPLORED OUR EXTRAORDINARY PERMANENT COLLECTIONS, ATTENDED SPECIAL EXHIBITIONS AND PARTICIPATED IN OUR PUBLIC PROGRAMS. 2754751 0 1015061 MERCHANDISE OPERATIONS THE BROOKLYN MUSEUM SHOP EXTENDS OUR VISITORS' EXPERIENCE. OUR INVENTORY IS COMPRISED OF EXHIBITION-RELATED ITEMS, BROOKLYN MUSEUM LOGO PRODUCTS, CATALOGS AND OTHER PUBLICATIONS. 2754751 0 1015061 54016056 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 170 0 1 621 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 57 57 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ NY X HEATHER LI 7185016200 200 EASTERN PARKWAY BROOKLYN NY 112386052 BARBARA M VOGELSTEIN BOARD CHAIR 8.00 0.00 X X 0 0 0 STEPHANIE INGRASSIA TRUSTEE/VICE CHAIR 4.00 0.00 X X 0 0 0 NEIL SIMPKINS TRUSTEE/TREASURER 4.00 0.00 X X 0 0 0 SAUNDRA WILLIAMS-CORNWELL TRUSTEE/SECRETARY 4.00 0.00 X X 0 0 0 REGINA ALDISERT TRUSTEE 2.00 0.00 X 0 0 0 SARAH ARISON TRUSTEE (THRU 06/30/2024) 2.00 0.00 X 0 0 0 SASHA BASS TRUSTEE 2.00 0.00 X 0 0 0 TAMARA BELINFANTI TRUSTEE 2.00 0.00 X 0 0 0 ADELE BERNHARD TRUSTEE 2.00 0.00 X 0 0 0 JILL K BERNSTEIN TRUSTEE (THRU 11/2023) 2.00 0.00 X 0 0 0 THOMAS BRODSKY TRUSTEE 2.00 0.00 X 0 0 0 DEENIE BROSENS TRUSTEE 2.00 0.00 X 0 0 0 JAMES S CHANOS TRUSTEE (THRU 06/30/2024) 2.00 0.00 X 0 0 0 CONSTANCE L CHRISTENSEN TRUSTEE EMERITUS (NON-VOTING) 2.00 0.00 X 0 0 0 RONA CITRIN TRUSTEE 2.00 0.00 X 0 0 0 KASSEEM DEAN TRUSTEE (THRU 10/2023) 2.00 0.00 X 0 0 0 BARBARA KNOWLES DEBS TRUSTEE EMERITUS (NON-VOTING) 2.00 0.00 X 0 0 0 JONATHAN DONNELLAN TRUSTEE 2.00 0.00 X 0 0 0 NIKOLA DURAVCEVIC TRUSTEE 2.00 0.00 X 0 0 0 SYLVANA DURRETT TRUSTEE (AS OF 05/2024) 2.00 0.00 X 0 0 0 HENRY B ELSESSER TRUSTEE 2.00 0.00 X 0 0 0 SHARON E FAY TRUSTEE 4.00 0.00 X 0 0 0 NORMAN M FEINBERG TRUSTEE 2.00 0.00 X 0 0 0 JENNIFER HERMAN-FELDMAN TRUSTEE (THRU 11/2023) 2.00 0.00 X 0 0 0 MICHAEL FIELD TRUSTEE 2.00 0.00 X 0 0 0 LORI FINKEL TRUSTEE (THRU 04/2023) 2.00 0.00 X 0 0 0 JOHN-ANDREW FORDE TRUSTEE 2.00 0.00 X 0 0 0 MICHAEL FRIBOURG TRUSTEE (THRU 06/30/2024) 2.00 0.00 X 0 0 0 AMANDA FUHRMAN TRUSTEE 2.00 0.00 X 0 0 0 JEFFREY GIBSON TRUSTEE 2.00 0.00 X 0 0 0 STEVEN GUTTMAN TRUSTEE 2.00 0.00 X 0 0 0 JANE HAIT TRUSTEE 2.00 0.00 X 0 0 0 JEANINE HERIVEAUX TRUSTEE (AS OF 05/2024) 2.00 0.00 X 0 0 0 DAN HOUSER TRUSTEE 2.00 0.00 X 0 0 0 KERBY JEAN-RAYMOND TRUSTEE 2.00 0.00 X 0 0 0 ALAN JENKINS TRUSTEE 2.00 0.00 X 0 0 0 MICHI JIGARJIAN TRUSTEE 2.00 0.00 X 0 0 0 RUTH JURGENSEN TRUSTEE 2.00 0.00 X 0 0 0 ELIZABETH KAHANE TRUSTEE 2.00 0.00 X 0 0 0 TITUS KAPHAR TRUSTEE 2.00 0.00 X 0 0 0 KAREN KIEHL TRUSTEE 2.00 0.00 X 0 0 0 SUSANA TORRUELLA LEVAL TRUSTEE 2.00 0.00 X 0 0 0 MARLEY BLUE LEWIS TRUSTEE 0.00 0.00 X 0 0 0 LYNNE M MAGUIRE TRUSTEE 2.00 0.00 X 0 0 0 JOEL MALLIN TRUSTEE 2.00 0.00 X 0 0 0 JANET MOCK TRUSTEE (THRU 01/2024) 2.00 0.00 X 0 0 0 RICHARD W MOORE TRUSTEE EMERITUS (NON-VOTING) 2.00 0.00 X 0 0 0 TODD MOSCOWITZ TRUSTEE (AS OF 05/2024) 2.00 0.00 X 0 0 0 VIK MUNIZ TRUSTEE 2.00 0.00 X 0 0 0 OTIS PRATT PEARSALL TRUSTEE EMERITUS (NON-VOTING) 2.00 0.00 X 0 0 0 ASAHI POMPEY TRUSTEE 2.00 0.00 X 0 0 0 LESLIE PUTH TRUSTEE 2.00 0.00 X 0 0 0 TRACEY G RIESE TRUSTEE 2.00 0.00 X 0 0 0 VICTORIA ROGERS TRUSTEE 2.00 0.00 X 0 0 0 JONATHAN ROSEN TRUSTEE 2.00 0.00 X 0 0 0 ELIZABETH A SACKLER TRUSTEE EMERITUS (NON-VOTING) 2.00 0.00 X 0 0 0 CARLA SHEN TRUSTEE 2.00 0.00 X 0 0 0 ROBERT SOROS TRUSTEE 2.00 0.00 X 0 0 0 JOHN S TAMAGNI TRUSTEE EMERITUS (NON-VOTING) 2.00 0.00 X 0 0 0 ELLEN N TAUBMAN TRUSTEE 2.00 0.00 X 0 0 0 MICKALENE THOMAS TRUSTEE 2.00 0.00 X 0 0 0 FRED TOMASELLI TRUSTEE 2.00 0.00 X 0 0 0 COLLEEN TOMPKINS TRUSTEE 2.00 0.00 X 0 0 0 AMANDA WALDRON TRUSTEE 2.00 0.00 X 0 0 0 SEAN WARD TRUSTEE 2.00 0.00 X 0 0 0 SUSAN WEBER TRUSTEE 2.00 0.00 X 0 0 0 KELLY WILLIAMS TRUSTEE (AS OF 05/2024) 2.00 0.00 X 0 0 0 MATTHEW WILSON TRUSTEE 2.00 0.00 X 0 0 0 BOROUGH PRES ANTONIO REYNOSO EX-OFFICIO TRUSTEE (NON-VOTING) 1.00 0.00 X 0 0 0 MAYOR ERIC ADAMS EX-OFFICIO TRUSTEE (NON-VOTING) 1.00 0.00 X 0 0 0 DCA COMMISSR LAURIE CUMBO EX-OFFICIO TRUSTEE (NON-VOTING) 1.00 0.00 X 0 0 0 SPEAKER ADRIENNE ADAMS EX-OFFICIO TRUSTEE (NON-VOTING) 1.00 0.00 X 0 0 0 COMPTROLLER BRAD LANDER EX-OFFICIO TRUSTEE (NON-VOTING) 1.00 0.00 X 0 0 0 ANNE PASTERNAK SHELBY WHITE & LEON LEVY DIRECTOR 60.00 0.00 X 687837 0 47521 KIMBERLY PANICEK TRUEBLOOD PRESIDENT & CHIEF OPERATING OFFICER 60.00 0.00 X 398284 0 31853 HEATHER LI AS OF 072023 CHIEF FINANCIAL OFFICER 60.00 0.00 X 140014 0 7805 SHARON ATKINS DEPUTY DIRECTOR FOR ART 45.00 0.00 X 274482 0 37146 CATHERINE FUTTER DIRECTOR OF CURATORIAL AFFAIRS 45.00 0.00 X 173169 0 14953 ADJOA JONES DE ALMEDIA DEP DIR LEARN/SOCIAL IMP (THRU 2/24) 45.00 0.00 X 209630 0 18102 NANCY CURREY DIRECTOR OF HUMAN RESOURCES 45.00 0.00 X 150346 0 27770 AMY TANAKA THRU 102023 DIR FIN PLANNING & BUDGET ANALYSIS 45.00 0.00 X 189203 0 26596 KEONNA HENDRICK DEPUTY DIR. FOR LEARN. & SOCIAL IMP. 45.00 0.00 X 185965 0 41751 HARDAT RAYWAT DEPUTY DIR. FOR OPS., ENG. & FACIL. 45.00 0.00 X 196734 0 5166 CAROLYN DIANE ROYSTON DEPUTY DIRECTOR FOR ENGAGEMENT 45.00 0.00 X 253627 0 42217 ASHA BILLIMORIA KAUFMAN DIRECTOR OF INDIVIDUAL GIVING 45.00 0.00 X 166539 0 29920 KENNETH KURTZ ARCHITECT 45.00 0.00 X 161204 0 26202 FABIAN MILBURN JR FORMER CHIEF LEGAL OFF./CHIEF OF ST. 0.00 0.00 X 174428 0 3201 HOPE O'REILLEY FORMER DEPUTY DIR. & CHIEF DEV. OFF. 0.00 0.00 X 197006 0 26899 JAMES KELLY FORMER DEPUTY CHIEF OPERATING OFFIC. 0.00 0.00 X 310831 0 53767 3869299 0 440869 69 1 1 0 COMMUNITY COUNSELLING SERVICES CO LLC 527 MADISON AVENUE NEW YORK NY 10022 PROFESSIONAL FUNDRAISING 514362 GONSOWSKI LAW PC 132 WEST 31ST STREET NEW YORK NY 10001 LEGAL 426216 PROSKAUER ROSE LLP 11 TIMES SQUARE NEW YORK NY 100368299 LEGAL 392244 SAMUEL ANDERSON ARCHITECTS 307 W 38TH STREET NEW YORK NY 10018 ARCHITECTURAL SERVICES 167596 ART WORLD SIGNS 31 MEADOW ROAD NEW PALTZ NY 12561 GRAPHIC DESIGN AND PRINTING 132844 5 3135294 2673305 15733232 30595275 5358169 52137106 ADMIS./PUBLIC AFFAIRS 561499 5904006 5904006 EXHIBITION & LOAN FEES 900099 1868619 1609704 258915 SPECIAL EXHIBITIONS 611710 410266 410266 8182891 1487865 1487865 1628490 0 1628490 1628490 1628490 54350510 513026 49721403 0 4629107 513026 5142133 5142133 170600 2673305 1946490 -1775890 -1775890 3030771 2015710 1015061 1015061 CAFE REVENUE 900099 347600 347600 POP-UP REVENUE 900099 129956 129956 477556 68295212 8939037 0 7219069 2298142 1640260 398380 259502 199467 142366 34577 22524 28480279 21006765 4323454 3150060 2853850 1816656 820254 216940 7649241 4869225 2198546 581470 2013340 1176154 625538 211648 1548324 7796 1540487 41 332753 332753 117000 78000 39000 778490 778490 1764244 1764244 6632250 4425918 2206332 1979498 1979498 4803661 3902239 171518 729904 873415 240351 631393 1671 460467 344180 65275 51012 28633 18132 6827 3674 6876695 6490916 284525 101254 331169 37358 293811 ART ACQUISITION 2876420 2876420 FOOD AND ENTERTAINMENT 690198 668185 22013 CRATING/SHIPPING 347348 347348 RESEARCH & CURATORIAL 155468 134755 20562 151 3833280 1813534 2019746 77923632 54016056 17799235 6108341 11775915 3115615 8252782 17415317 13689306 24397418 1176950 525542 992743 495187 1896132 613955 250736276 97175706 147993128 153560570 43937053 40551216 146216999 149398326 2177239 2076651 378108247 392149797 4776043 6432277 3798522 3628335 30610646 31680649 39185211 41741261 X 183823559 193267258 155099477 157141278 338923036 350408536 378108247 392149797 X -9628420 21959722 -845802 X X 0 1 X 1 1 1 X 26354345 32405953 52443557 39259537 52137106 202600498 1995823 1395250 1916193 2131268 1814232 9252766 28350168 33801203 54359750 41390805 53951338 211853264 4866866 206986398 3127677 1908883 2470634 2168143 3116355 12791692 463902 42117 519657 407274 648156 2081106 226726062 42791465 0.91290 0.90940 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: EVENT FEES - 2019 AMOUNT: $ 395,199. 2020 AMOUNT: $ 23,662. 2021 AMOUNT: $ 310,916. 2022 AMOUNT: $ 0. 2023 AMOUNT: $ 0. FUNDRAISING INCOME - 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 18,455. 2021 AMOUNT: $ 172,750. 2022 AMOUNT: $ 176,150. 2023 AMOUNT: $ 170,600. POP-UP REVENUE - 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 3,349. 2023 AMOUNT: $ 129,956. CAFE REVENUE - 2019 AMOUNT: $ 68,703. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 35,991. 2022 AMOUNT: $ 227,775. 2023 AMOUNT: $ 347,600. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 0 0 1 117000 117000 0 PART II-B, LINE 1: IN FISCAL YEAR 2024, THE MUSEUM ENGAGED THIRD PARTY CONSULTANTS TO CONDUCT LOBBYING ACTIVITIES ON ITS BEHALF. IN ADDITION, THE MUSEUM'S ON-STAFF GOVERNMENT RELATIONS OFFICER REPRESENTED THE MUSEUM IN CONNECTION WITH VARIOUS GOVERNMENTAL RELATIONS MATTERS AND COMMUNICATED WITH LEGISLATORS AND OTHER GOVERNMENT OFFICIALS. CONSULTANT, BENDER CANTONE CONSULTING, ALBANY, NY, $117,000 X X X X 1 175263118 4222837 26122575 8528480 197080050 160253612 3634551 19992268 8617313 175263118 181337939 8854822 -29086763 852386 160253612 106685533 45272788 30193023 813405 181337939 110377143 5540415 -498343 8733682 106685533 0.35530 0.48450 0.16020 0 0 242686185 94559894 148126291 4742481 2615812 2126669 3307610 3307610 153560570 GLOBAL EQUITIES FUNDS 77421972 F HEDGED EQUITIES FUNDS 34110915 F CREDIT AND PRIVATE DEBT 25929432 F PRIVATE EQUITY FUNDS 8328732 F REAL ESTATE FUNDS 3607275 F 149398326 ACCRUED POSTRETIREMENT HEALTH AND OTHER BENEFITS 30483569 OPERATING LEASE LIABILITY 805651 SPLIT INTEREST AGREEMENT 391429 31680649 X 84450252 21959722 1814232 -9816870 13957084 70493168 1764244 -3962200 -2197956 68295212 72964752 1814232 3962200 5776432 67188320 1764244 8971068 10735312 77923632 PART III, LINE 1A: THE MUSEUM'S ART COLLECTION IS MADE AVAILABLE TO ITS MEMBERS AND THE PUBLIC TO ENCOURAGE AND EXPAND THE STUDY AND APPRECIATION OF ART THROUGH A PROGRAM OF PUBLIC EXHIBITIONS, EDUCATION AND RESEARCH. COMPONENTS OF THE MUSEUM'S COLLECTION, WHICH HAVE BEEN ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED IN THE YEARS IN WHICH THE ITEMS ARE ACQUIRED AS DECREASES IN NET ASSETS IN ACCORDANCE WITH DONOR RESTRICTIONS ON THE ASSETS USED TO PURCHASE THE ITEMS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS BECAUSE THE MUSEUM DOES NOT HOLD COLLECTION ITEMS FOR SALE. PROCEEDS FROM DEACCESSIONS ARE ADDED TO DEACCESSION FUNDS WITHIN NET ASSETS WITHOUT DONOR RESTRICTIONS, AND ARE USED TO ACQUIRE OTHER ITEMS FOR THE COLLECTION AND DIRECT CARE. IN FY24, THE MUSEUM ACQUIRED $2,876,420 IN NEW ARTWORK; THIS AMOUNT IS REPORTED IN FORM 990, PART IX, LINE 24A. PART III, LINE 4: DESCRIPTION OF THE COLLECTION: THE BROOKLYN MUSEUM HOLDS COLLECTIONS THAT ARE BOTH BROAD AND DEEP, AND INCLUDE ART FROM AROUND THE WORLD AND FROM ANCIENT TIMES TO THE PRESENT. AS OF FY24, THE BROOKLYN MUSEUM'S COLLECTIONS ARE ORGANIZED AS FOLLOWS: 1. AMERICAN ART 2. ARTS OF ASIA 3. ARTS OF THE AMERICAS 4. ARTS OF AFRICA 5. CONTEMPORARY ART 6. DECORATIVE ARTS AND DESIGN 7. EGYPTIAN, CLASSICAL, AND ANCIENT NEAR EASTERN ART 8. ELIZABETH A. SACKLER CENTER FOR FEMINIST ART 9. EUROPEAN ART 10. FASHION AND MATERIAL CULTURE 11. PHOTOGRAPHY THESE CURATORIAL DIVISIONS ARE OVERSEEN BY THE DEPUTY DIRECTOR AND CHIEF CURATOR, WHO, IN TURN OVERSEES SENIOR AND JUNIOR CURATORS WORKING IN EACH OF THE COLLECTION AREAS. THE LIBRARY, CONSERVATION, REGISTRAR, EXHIBITIONS, AND COLLECTIONS MANAGEMENT DEPARTMENTS ASSIST WITH THE PRESERVATION, CATALOGUING, AND EXHIBITION OF WORKS FROM THE COLLECTION. THE BROOKLYN MUSEUM HAS ONE OF THE GREATEST COLLECTIONS IN THE COUNTRY; REENVISIONING THE COLLECTIONS' MEANING AND CONNECTION TO OUR WORLD AND AUDIENCES TODAY ENSURES ITS RELEVANCE AND VITALITY. THE BROOKLYN MUSEUM SEES ISSUES OF COLLECTING AS STRATEGICALLY INSEPERABLE FROM THE CONCERNS OF PRESENTATION IN OUR GALLERIES. BRINGING OUR VAST PANORAMA OF OBJECTS SUCCESSFULLY INTO THE FUTURE REQUIRES US TO MOVE AWAY FROM STRICTLY COMPARTMENTALIZED CONNOISSEURSHIP, INSTEAD THINKING ABOUT OUR COLLECTION AS A VITAL WHOLE. TODAY, OUR KNOWLEDGE OF HOW ART HISTORY AND SOCIAL HISTORY INTERACT ENCOURAGES US TO PRESENT THE MUSEUM'S EXPANSIVE HOLDINGS FROM A GLOBAL PERSPECTIVE, WITH PERMEABLE BOUNDARIES RATHER THAN RESTRICTIVE GEOGRAPHICAL OR HISTORICAL BORDERS. TO ACCOMPLISH THESE GOALS, EVERY OBJECT IN OUR COLLECTION MUST HELP US TO TELL THE STORY OF ART, BOLDLY AND COMPELLINGLY TO OUR AUDIENCES. THE BETTER WE TELL THE STORY, THE BROADER AND DEEPER OUR AUDIENCE'S PARTICIPATION IN IT WILL BE. BUILDING THE COLLECTION: NEW ACQUISITIONS ARE GUIDED BY A COLLECTIONS PLAN THAT WAS OFFICIALLY ADOPTED BY THE BOARD OF TRUSTEES AND IS REVIEWED BY THE COLLECTIONS COMMITTEE AND THE CURATORIAL TEAM ON A REGULAR BASIS. NEW ACQUISITIONS ARE CONSIDERED ACCORDING TO THE FOLLOWING CRITERIA: - WILL THE WORK BE IMMEDIATELY USEFUL IN THE GALLERIES AND WILL IT EXPAND THE VISITOR EXPERIENCE THERE? - WILL THE WORK BE TRANSFORMATIVE FOR THE COLLECTION? - CAN IT BE USED TO ILLUMINATE MORE THAN ONE COLLECTION AREA, AND BRIDGE THE GAPS BETWEEN COLLECTIONS AND CULTURES? - IS IT AN OBJECT OF TRUE EXCELLENCE, FULLY AUTHENTIC AND IN GOOD CONDITION? - DOES IT HAVE SPECIAL RESONANCE WITH WORKS ALREADY IN THE COLLECTION? WILL IT INCREASE THE USEFULNESS OF EXISTING COLLECTIONS BY MAKING THEM MORE UNDERSTANDABLE? IN FY24, MORE THAN 600,000 VISITORS EXPLORED THE MUSEUM'S WIDE-RANGING COLLECTIONS. ADDITIONALLY, 11 SPECIAL EXHIBITIONS, AND 1 TOURING EXHIBITION DEVELOPED AND EXTENDED CULTURAL AND ART HISTORICAL THEMES SUPPORTED BY THE MUSEUM'S RICH COLLECTIONS. SCHEDULE D, PART V, LINE 4: THE MUSEUM MAINTAINS SEVERAL DONOR-RESTRICTED FUNDS THE PURPOSE OF WHICH IS TO PROVIDE SUPPORT PRINCIPALLY FOR EXHIBITIONS, CURATORIAL AND EDUCATIONAL ACTIVITIES. IN CLASSIFYING SUCH FUNDS FOR FINANCIAL STATEMENT PURPOSES AS EITHER NET ASSETS WITH DONOR RESTRICTIONS OR NET ASSETS WITHOUT DONOR RESTRICTIONS, THE BOARD OF TRUSTEES LOOKS TO THE EXPLICIT DIRECTION OF THE RESPECTIVE DONOR AND PROVISIONS OF APPLICABLE NEW YORK STATE LAW. THE BOARD, IN COMPLIANCE WITH THE APPLICABLE STATE REGULATIONS, WILL APPROPRIATE AS MUCH OF NET APPRECIATION AS IS PRUDENT CONSIDERING THE MUSEUM'S LONG-TERM AND SHORT-TERM NEEDS, PRESENT AND ANTICIPATED FINANCIAL REQUIREMENTS, EXPECTED TOTAL RETURN ON ITS INVESTMENTS, PRICE LEVEL TRENDS AND GENERAL ECONOMIC CONDITIONS. UNDER THE MUSEUM'S SPENDING POLICY, THE ADJUSTED AVERAGE FAIR VALUE OF CERTAIN INVESTMENTS MEASURED AT DECEMBER 31 OF EACH OF THE 20 QUARTERS IMMEDIATELY PRECEDING IS MADE AVAILABLE ON EACH JULY 1 TO SUPPORT CURRENT OPERATIONS OF THE MUSEUM AND CERTAIN NONOPERATING ACTIVITIES AS DESIGNATED BY THE BOARD. PART X, LINE 2: FIN 48: THE MUSEUM FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE MUSEUM IS EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE MUSEUM HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED BUSINESS INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE MUSEUM HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. IN ADDITION, THE MUSEUM HAS NOT RECORDED A PROVISION FOR INCOME TAXES AS IT HAS NO MATERIAL TAX LIABILITY FROM UNRELATED BUSINESS INCOME ACTIVITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: DEPRECIATION OF CAPITAL -6,094,648. ACQUISITIONS OF WORKS OF ART -2,876,420. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -1,023,024. CHANGE IN POSTRETIREMENT HEALTH AND OTHER BENEFITS 177,222. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -2,015,710. FUNDRAISING EXPENSES -1,946,490. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 2,015,710. FUNDRAISING EXPENSES 1,946,490. PART XII, LINE 4B - OTHER ADJUSTMENTS: DEPRECIATION OF CAPITAL 6,094,648. ACQUISITIONS OF WORKS OF ART 2,876,420. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 98087896 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 8337289 NORTH AMERICA 0 0 INVESTMENTS 1426143 0 0 0 0 0 0 107851328 0 107851328 1 0 1 1 1 0 FORM 990, SCHEDULE F, PART IV THE BROOKLYN MUSEUM INVESTS DIRECTLY IN CORPORATIONS DOMICILED OUTSIDE THE UNITED STATES AND IN DOMESTIC AND FOREIGN LIMITED PARTNERSHIPS THAT MAY OWN AN INTEREST IN A FOREIGN CORPORATION, PASSIVE FOREIGN INVESTMENT COMPANY, OR FOREIGN PARTNERSHIP. NEVERTHELESS, BROOKLYN MUSEUM'S INVESTMENT ACTIVITIES MAY NOT REACH THE THRESHOLDS REQUIRED FOR FILING THE FORMS 926, 5471, OR 8621. TO THE EXTENT SUCH A FORM WAS COMPLETED, IT HAS BEEN FILED WITH THE ORGANIZATION'S FORM 990-T. X X X X X X X 1 COMMUNITY COUNSELLING SERVICE 527 MADISON AVE 5TH FLOOR NEW YORK NY 10022 FUNDRAISING CONSULTANTS 0 0 579178 -579178 JENNIFER LEAO 50 GREENE AVE APT 3F BROOKLYN NY 11238 FUNDRAISING CONSULTANTS 0 0 4118 -4118 MAE DANILLER & COMPANY 3724 JEFFERSON STREET SUITE 302 AUSTIN TX 78731 FUNDRAISING CONSULTANTS 0 0 79694 -79694 PAMELA MATTERA 207 E 21ST ST APT 4B NEW YORK NY 10010 FUNDRAISING CONSULTANTS 0 0 18000 -18000 GRANTS PLUS LLC 2814 DETROIT AVE CLEVELAND OH 44113 FUNDRAISING CONSULTANTS 0 0 97500 -97500 778490 -778490 NJ NY SPRING GALA 2843905 2673305 170600 573310 260006 1113174 2843905 2673305 170600 573310 260006 1113174 1946490 -1775890 SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE MUSEUM DOES NOT TRACK ITS DONATION DATA IN SUCH A FASHION AS TO PINPOINT SPECIFICALLY HOW MUCH EACH FUNDRAISER RAISED ON ITS BEHALF. FUNDRAISERS MAKE TOUCHPOINTS WITH DONORS THAT MAY NOT RESULT IN CONTRIBUTIONS FOR YEARS, NOR DOES THE MUSEUM SURVEY ITS DONORS TO SEE WHAT PROMPTED THEM TO DONATE TO THE MUSEUM. ACCORDINGLY, THE MUSEUM DOES NOT REPORT GROSS RECEIPTS FROM FUNDRAISING ACTIVITIES IN SCHEDULE G, PART I, LINE 2(B), COLUMN, IV. X 0 0 X X X X X 1 0 0 0 0 0 0 0 0 ANNE PASTERNAK SHELBY WHITE & LEON LEVY DIRECTOR 587837 0 0 0 100000 0 28250 0 19271 0 735358 0 0 0 KIMBERLY PANICEK TRUEBLOOD PRESIDENT & CHIEF OPERATING OFFICER 398284 0 0 0 0 0 29171 0 2682 0 430137 0 0 0 JAMES KELLY FORMER DEPUTY CHIEF OPERATING OFFIC. 121005 0 0 0 189826 0 30000 0 23767 0 364598 0 0 0 SHARON ATKINS DEPUTY DIRECTOR FOR ART 274482 0 0 0 0 0 9840 0 27306 0 311628 0 0 0 CAROLYN DIANE ROYSTON DEPUTY DIRECTOR FOR ENGAGEMENT 253627 0 0 0 0 0 28213 0 14004 0 295844 0 0 0 ADJOA JONES DE ALMEDIA DEP DIR LEARN/SOCIAL IMP (THRU 2/24) 209630 0 0 0 0 0 7477 0 10625 0 227732 0 0 0 KEONNA HENDRICK DEPUTY DIR. FOR LEARN. & SOCIAL IMP. 185965 0 0 0 0 0 22500 0 19251 0 227716 0 0 0 HOPE O'REILLEY FORMER DEPUTY DIR. & CHIEF DEV. OFF. 142696 0 0 0 54310 0 11661 0 15238 0 223905 0 0 0 AMY TANAKA THRU 102023 DIR FIN PLANNING & BUDGET ANALYSIS 178618 0 0 0 10585 0 26596 0 0 0 215799 0 0 0 HARDAT RAYWAT DEPUTY DIR. FOR OPS., ENG. & FACIL. 196734 0 0 0 0 0 5166 0 0 0 201900 0 0 0 ASHA BILLIMORIA KAUFMAN DIRECTOR OF INDIVIDUAL GIVING 166539 0 0 0 0 0 4413 0 25507 0 196459 0 0 0 CATHERINE FUTTER DIRECTOR OF CURATORIAL AFFAIRS 173169 0 0 0 0 0 4488 0 10465 0 188122 0 0 0 KENNETH KURTZ ARCHITECT 161204 0 0 0 0 0 20575 0 5627 0 187406 0 0 0 NANCY CURREY DIRECTOR OF HUMAN RESOURCES 150346 0 0 0 0 0 4098 0 23672 0 178116 0 0 0 FABIAN MILBURN JR FORMER CHIEF LEGAL OFF./CHIEF OF ST. 14218 0 0 0 160210 0 3016 0 185 0 177629 0 0 0 PART I, LINE 1A ANNE PASTERNAK RECEIVED A HOUSING ALLOWANCE OF $100,000 IN CALENDAR YEAR 2023. THIS AMOUNT IS REFLECTED IN SCHEDULE J, PART II, COLUMN (B)(III). PART I, LINE 4A SEVERANCE PAYMENT: FOR THE 2023 CALENDAR YEAR, FABIAN MILBURN JR., FORMER CHIEF OFFICER LEGAL OFFICER AND CHIEF OF STAFF, RECEIVED A SEVERANCE PAYMENT OF $120,000. THIS AMOUNT IS REFLECTED IN SCHEDULE J, PART II, COLUMN (B)(III). X 284 0 X 35 5358169 FMV 0 1 1 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE PIECES OF ART RECEIVED IN PART I, COLUMN (B) OF SCHEDULE M. PART I, LINE 32B: THE BROOKLYN MUSEUM OCCASIONALLY CONTRACTS WITH COMMERCIAL AUCTION HOUSES SUCH AS SOTHEBY'S OR CHRISTIE'S TO SELL CONTRIBUTIONS OF WORKS OF ART OR PERSONAL PROPERTY. THESE GIFTS MAY BE WORKS THAT HAVE BEEN PART OF THE COLLECTION WHICH HAVE BEEN DEACCESSIONED, OR THEY MAY, LESS FREQUENTLY, BE WORKS OF ART OR PERSONAL PROPERTY DONATED TO THE MUSEUM WITH THE SPECIFIC INTENTION THAT THEY BE SOLD TO REALIZE FUNDS IN CASH. THE BROOKLYN MUSEUM HAS STANDING CONTRACTS WITH SOME AUCTION HOUSES OUTLINING TERMS AND CONDITIONS FOR THIS PURPOSE; WITH OTHER AUCTION HOUSES, TERMS AND CONDITIONS ARE NEGOTIATED ON A CASE-BY-CASE BASIS. PART I, LINE 33: REVENUE NOT REPORTED IN PART I, COLUMN C CONTRIBUTED ARTWORK COLLECTION ITEMS ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS BECAUSE THE MUSEUM DOES NOT HOLD COLLECTION ITEMS FOR RESALE. COMPONENTS OF THE MUSEUM'S COLLECTION, WHICH HAVE BEEN ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED IN THE YEARS IN WHICH THE ITEMS ARE ACQUIRED AS DECREASES IN NET ASSETS. FORM 990, PART I, LINE 1 (DESCRIPTION OF ORGANIZATION'S MISSION CONTINUED) WE BRING PEOPLE TOGETHER THROUGH ART AND EXPERIENCES THAT INSPIRE CELEBRATION, COMPASSION, COURAGE, AND THE WILL TO ACT. FORM 990, PART III, LINE 1 (DESCRIPTION OF ORGANIZATION'S MISSION CONTINUED) OUR VISION IS TO BE THE PLACE WHERE ART IS A POWERFUL FORCE FOR PERSONAL TRANSFORMATION AND SOCIAL CHANGE. FOR 200 YEARS, THE BROOKLYN MUSEUM HAS BEEN RECOGNIZED AS A TRAILBLAZER. THROUGH A VAST ARRAY OF EXHIBITIONS, PUBLIC PROGRAMS, AND COMMUNITY-CENTERED INITIATIVES, IT CONTINUES TO BROADEN THE NARRATIVES OF ART, UPLIFT A MULTITUDE OF VOICES, AND CENTER CREATIVE EXPRESSION WITHIN IMPORTANT DIALOGUES OF THE DAY. HOUSED IN A LANDMARK BUILDING IN THE HEART OF BROOKLYN, THE MUSEUM IS HOME TO AN ASTOUNDING ENCYCLOPEDIC COLLECTION OF MORE THAN 140,000 OBJECTS REPRESENTING CULTURES WORLDWIDE AND OVER 6,000 YEARS OF HISTORY - FROM ANCIENT EGYPTIAN MASTERPIECES TO SIGNIFICANT AMERICAN WORKS, TO GROUNDBREAKING INSTALLATIONS PRESENTED IN THE ONLY FEMINIST ART CENTER OF ITS KIND. AS ONE OF THE OLDEST AND LARGEST ART MUSEUMS IN THE COUNTRY, THE BROOKLYN MUSEUM REMAINS COMMITTED TO INNOVATION, CREATING COMPELLING EXPERIENCES FOR ITS COMMUNITIES AND CELEBRATING THE POWER OF ART TO INSPIRE AWE, CONVERSATION, AND JOY. ALWAYS AN INNOVATOR, THE BROOKLYN MUSEUM HAS LONG BEEN A LEADER IN THE FIELD, FROM OUR GROUNDBREAKING SURVEY OF AFRICAN ART IN 1923 TO OUR PARTICIPATION IN THE WORLD WAR IIERA MONUMENTS MEN, A GROUP DEVOTED TO RETURNING STOLEN ARTWORKS TO THEIR RIGHTFUL OWNERS. WE WERE ALSO AMONG THE FIRST ART MUSEUMS IN THE UNITED STATES TO INSTITUTE A FORMAL EDUCATION PROGRAM, AN IN-HOUSE CONSERVATION DEPARTMENT, AND A PHOTOGRAPHY SCHOOL. WE OPENED A COMMUNITY GALLERY DURING THE RISE OF THE BLACK ARTS MOVEMENT IN 1968 TO MEET THE NEEDS OF LOCAL CITIZENS AND ARTISTS, A TRADITION OF SOCIAL ACTION WE CARRY ON TODAY. TWO CENTURIES AGO, OUR FOUNDERS BUILT AN INSTITUTION THAT BROUGHT WORLD CULTURE AND HISTORY TO A MANIFOLD POPULATION OF IMMIGRANTS, WITH THE HOPE OF FORMING BETTER NEIGHBORS, A BETTER CITY, AND A BETTER COUNTRY. TODAY, THE MUSEUM CONTINUES TO WELCOME AND CELEBRATE THE VIBRANCY AND DIVERSITY OF ITS HOME BOROUGH. OUR TRAILBLAZING EDUCATIONAL PROGRAMMING REMAINS A CORNERSTONE OF OUR MISSION, ALLOWING PEOPLE OF ALL AGES AND WALKS OF LIFE TO TAP INTO THE TRANSFORMATIVE POWER OF THEIR OWN CREATIVITY. OUR PREMIER FIRST SATURDAYS SERIES HAS BECOME ONE OF BROOKLYN'S MOST BELOVED PUBLIC PROGRAMS, HOSTING APPROXIMATELY 1.5 MILLION VISITORS SINCE ITS DEBUT IN 1998. THROUGH PARTNERSHIPS WITH LOCAL ORGANIZATIONS, WE HAVE SUPPORTED THE WORK AND NEEDS OF IMPORTANT COMMUNITY ORGANIZATIONS, AND CONTINUE TO UPLIFT LOCAL VOICES. AS WE ENTER OUR THIRD CENTURY, THE BROOKLYN MUSEUM IS MORE COMMITTED THAN EVER TO PRESENTING ART AND EXPERIENCES THAT INSPIRE CELEBRATION, COMPASSION, COURAGE, AND THE WILL TO ACT. THE BROOKLYN MUSEUM STANDS ON LAND THAT IS PART OF THE UNCEDED, ANCESTRAL HOMELAND OF THE LENAPE (DELAWARE) PEOPLE. AS A SIGN OF RESPECT, WE RECOGNIZE AND HONOR THE LENAPE (DELAWARE) NATIONS, THEIR ELDERS PAST AND PRESENT, AND FUTURE GENERATIONS. WE ARE COMMITTED TO ADDRESSING EXCLUSIONS AND ERASURES OF INDIGENOUS PEOPLES AND CONFRONTING THE ONGOING LEGACIES OF SETTLER COLONIALISM IN THE MUSEUM'S WORK. THE MUSEUM IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"). FORM 990, PART VI, SECTION B, LINE 11B THE BROOKLYN MUSEUM'S BOARD OF TRUSTEES HAS DELEGATED RESPONSIBILITY AND OVERSIGHT FOR THE FORM 990 TO THE FINANCE COMMITTEE. THE FORM 990 IS PREPARED BY THE MUSEUM'S AUDITORS WITH DIRECT INPUT FROM THE MUSEUM'S ADMINISTRATION. A COMPLETE ELECTRONIC COPY OF THE FORM 990 IS SUPPLIED TO THE ENTIRE BOARD OF TRUSTEES FOR COMMENT PRIOR TO FILING. ADDITIONALLY, ALL MEMBERS OF THE BOARD OF TRUSTEES ARE INVITED TO THE FINANCE COMMITTEE MEETING AT WHICH THE FINAL DRAFT OF THE FORM 990 IS REVIEWED AND APPROVED PRIOR TO BEING FILED WITH THE IRS. THE BOARD'S TREASURER SERVES AS THE CHAIR OF THE FINANCE COMMITTEE. PARTICIPATING IN THE REVIEW ARE THE BOARD CHAIR, VARIOUS OTHER OFFICERS OF THE BOARD AND SENIOR ADMINISTRATORS. FORM 990, PART VI, SECTION B, LINE 12C THE BROOKLYN MUSEUM HAS A CONFLICT OF INTEREST POLICY IN PLACE. THE POLICY AND DISCLOSURE GUIDELINES ARE DISTRIBUTED TO ALL TRUSTEES ON AN ANNUAL BASIS ALONG WITH A CONFLICT OF INTEREST QUESTIONNAIRE AND DISCLOSURE FORM THAT THEY MUST COMPLETE AND SIGN. COMPLETED QUESTIONNAIRES ARE REVIEWED BY THE GENERAL COUNSEL, PRESIDENT AND CHIEF OPERATING OFFICER, AND THE CHAIR OF THE AUDIT COMMITTEE. TRUSTEES WITH CONFLICTS OR POTENTIAL CONFLICTS MUST RECUSE THEMSELVES FROM RELATED DISCUSSIONS AND THE DECISION-MAKING PROCESS, AS APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 THE AUDIT COMMITTEE OF THE BOARD DIRECTORS ACTS AS THE MUSEUM'S COMPENSATION COMMITTEE. THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS IS RESPONSIBLE FOR DETERMINING COMPENSATION FOR SENIOR-LEVEL ADMINISTRATIVE AND KEY EMPLOYEES. COMPENSATION IS BASED UPON COMPARABLE DATA AND FUNCTIONALLY COMPARABLE POSITIONS IN SIMILARLY SITUATED ORGANIZATIONS NATIONWIDE AS WELL AS MARKET-DRIVEN DATA FOR FUNCTIONS THAT FALL OUTSIDE MUSEUMS. COMPARABLE DATA INCLUDE INFORMATION FROM THE AAMD SURVEY, THE QUATT SURVEY, INFORMATION ON COMPARABLE INSTITUTIONS' 990S, AND APPROPRIATE MARKETPLACE SALARY COMPARISONS OUTSIDE THE FIELD. THE DIRECTOR'S AND PRESIDENT'S SALARIES ARE BASED UPON CONTRACTS APPROVED BY THE TRUSTEES. THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS COMMISSIONED A COMPENSATION STUDY IN 2021 TO ENSURE THAT ITS EXECUTIVES ARE PAID REASONABLE WAGES COMPARED TO ITS PEER INSTITUTIONS IN THE MARKET IN WHICH IT OPERATES. THE LEGAL DEPARTMENT KEEPS COPIES OF THE DETERMINATIONS AND RESULTS OF THE COMPENSATION PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE BROOKLYN MUSEUM'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AT MANAGEMENT'S DISCRETION. ADDITIONALLY, ITS IRS FORM 990 IS AVAILABLE TO THE PUBLIC ONLINE AT WWW.GUIDESTAR.ORG AND OTHER SIMILAR WEBSITES. FORM 990, PART XI, LINE 9: CHANGE IN POSTRETIREMENT HEALTH AND OTHER BENEFITS 177,222. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -1,023,024. PART XII, LINE 2C: THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.