2023-05-15T11:31:32-05:00 2022-06-30 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2021-07-01 237379091 PS 1 CONTEMPORARY ART CENTER INC PS1C 7187867040 22-25 JACKSON AVENUE LONG ISLAND CITY NY 11101 JOSE ORTIZ CHIEF OPERATING OFFICER 7187867040 2023-05-12 1 JOSE ORTIZ XXX-XX-XXXX JENNIFER COATES P02247728 2126972299 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z MOMA PS1 SARAH ARISON 22-25 JACKSON AVENUE LONG ISLAND CITY NY 11101 10100448 0 X WWW.MOMA.ORG/PS1 X 1971 NY TO ORGANIZE AND PRESENT CONTEMPORARY ART EXHIBITIONS AND PROGRAMS ACROSS ALL ARTISTIC DISCIPLINES. 25 24 102 26 0 0 9431269 9091457 171050 518289 4398 14946 31549 78181 9638266 9702873 0 0 0 0 4360196 4821356 0 0 690409 3213839 5502165 7574035 10323521 2064231 -620648 7393924 7962648 414414 1648497 6979510 6314151 X MOMA PS1 IS A CONTEMPORARY ART INSTITUTE IN LONG ISLAND CITY, NEW YORK. AN EXHIBITION SPACE RATHER THAN A COLLECTING INSTITUTION, MOMA PS1 DEVOTES ITS ENERGY AND RESOURCES TO DISPLAYING THE MOST EXPERIMENTAL ART IN THE WORLD ACROSS ALL ARTISTIC DISCIPLINES. A CATALYST AND AN ADVOCATE FOR NEW IDEAS, DISCOURSES, AND TRENDS IN CONTEMPORARY ART, MOMA PS1 ACTIVELY PURSUES EMERGING ARTISTS, NEW GENRES, AND ADVENTUROUS NEW WORK BY RECOGNIZED ARTISTS IN AN EFFORT TO SUPPORT INNOVATION IN CONTEMPORARY ART. MOMA PS1 ACHIEVES THIS MISSION BY PRESENTING ITS DIVERSE PROGRAM TO A BROAD AUDIENCE IN A UNIQUE ENVIRONMENT IN WHICH VISITORS CAN DISCOVER AND EXPLORE THE WORK OF CONTEMPORARY ARTISTS. 0 1 5401454 EXHIBITIONSMOMA PS1 PRESENTS THE WORK OF EMERGING ARTISTS, ESTABLISHED ARTISTS WORKING IN NEW GENRES, AND OVERALL, PRESENTING TO THE PUBLIC WORKS OF CONTEMPORARY ART THAT ARE ENGAGING, CHALLENGING, AND GROUND-BREAKING ARTWORK IN A UNIQUE, ACCESSIBLE VENUE. 1509484 254037 LIVE PROGRAMSSINCE ITS FOUNDING IN 1976, MOMA PS1 HAS OFFERED AUDIENCES ONE OF THE MOST EXTENSIVE PROGRAMS OF LIVE PERFORMANCE IN THE WORLD. MOMA PS1'S PIONEERING OUTDOOR MUSIC SERIES WARM UP IS ONE OF THE LONGEST RUNNING MUSIC PROGRAMS HOUSED WITHIN A MUSEUM. AS AN INTEGRAL PART OF MOMA PS1'S CURATORIAL PROGRAM FOR MORE THAN 20 YEARS, WARM UP SEEKS TO ELEVATE INNOVATIVE AND UNDERREPRESENTED VOICES: EMERGING AND ESTABLISHED, LOCAL AND GLOBAL, AND ACROSS GENRES. DUE TO THE PANDEMIC WARM UP DID NOT TAKE PLACE IN FY 22. 822065 264252 EVENTS & RETAILMINA'S, IS AN ALL-DAY CAFE FROM CHEF MINA STONE.INFORMED BY LESSONS FROM HER GREEK GRANDMOTHER, STONE'S DECEPTIVELYSIMPLE, MEDITERRANEAN-INSPIRED CUISINE IS AN HOMAGE TO THE SLOW-COOKED,HOMESTYLE DISHES TYPICALLY FOUND ON FAMILY DINNER TABLES THROUGHOUTGREECE. 7733003 1 1 0 1 0 0 0 1 0 1 1 0 0 0 1 0 1 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 165 0 1 102 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 24 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X JOSE ORTIZ - CHIEF OPERATING OFFICER - MOMA PS1 7187867040 22-25 JACKSON AVENUE LONG ISLAND CITY NY 11101 SARAH ARISON CHAIRMAN 1.00 X X 0 0 0 PHILIP E AARONS VICE CHAIRMAN 1.00 X X 0 0 0 SIMON MORDANT VICE CHAIRMAN 1.00 X X 0 0 0 JAMES GROOMS SECRETARY 1.00 X X 0 544885 35383 JOHN L THOMSON TREASURER 1.00 X X 0 0 0 ELYSE BENENSON BOARD MEMBER 1.00 X 0 0 0 JOSHUA BLACK BOARD MEMBER 1.00 X 0 0 0 ADRIAN CHENG BOARD MEMBER 1.00 X 0 0 0 DANA FAROUKI BOARD MEMBER 1.00 X 0 0 0 WENDY FISHER BOARD MEMBER 1.00 X 0 0 0 NICOLE FLEETWOOD BOARD MEMBER 1.00 X 0 0 0 AGNES GUND BOARD MEMBER 1.00 X 0 0 0 EDGAR HEAP OF BIRDS BOARD MEMBER 1.00 X 0 0 0 HANNAH JOCELYN BOARD MEMBER 1.00 X 0 0 0 ADAM KIMMEL BOARD MEMBER 1.00 X 0 0 0 SUYDAM LANSING BOARD MEMBER 1.00 X 0 0 0 DANIEL NADLER BOARD MEMBER 1.00 X 0 0 0 PETER NORTON BOARD MEMBER 1.00 X 0 0 0 DIANA WIDMAIER PICASSO BOARD MEMBER 1.00 X 0 0 0 LISA ROUMELL BOARD MEMBER 1.00 X 0 0 0 TARA SIMON BOARD MEMBER 1.00 X 0 0 0 ROBERT SOROS BOARD MEMBER 1.00 X 0 0 0 LISE STOLT-NIELSEN BOARD MEMBER 1.00 X 0 0 0 BETH SWOFFORD BOARD MEMBER 1.00 X 0 0 0 ARA TUCKER BOARD MEMBER 1.00 X 0 0 0 KATHRYN FOWLE DIRECTOR 40.00 X 322717 0 49432 JOSE A ORTIZ DEPUTY DIRECTOR 40.00 X 179543 0 8688 PETER ELEEY CHIEF CURATOR 40.00 X 147723 0 887 MICHAEL J DUTRA DIRECTOR OF EXHIBITIONS 40.00 X 114223 0 23069 MOLLY KURZIUS DIRECTOR OF EXTERNAL AFFAIRS 40.00 X 123005 0 34804 RUBA KATRIB DIRECTOR OF CURATORIAL 40.00 X 111632 0 23069 ALISON CUZZOLINO FINANCE DIRECTOR 40.00 X 107085 0 8688 1105928 544885 184020 7 0 1 0 UNIVERSAL PROTECTION SERVICE LP PO BOX 828854 PHILADELPHIA PA 19182 BUILDING SECURITY 741754 SAPPHIRE EAGLE LLC 307 KENT AVENUE BROOKLYN NY 11249 PROFESSIONAL FEES 523144 SUSAN COURTEMANCHE 40 POWDER HORN HILL RD WILTON CT 06897 PROFESSIONAL FEES 109000 3 1632462 1001558 6457437 9091457 SALES 713990 264252 264252 ADMISSIONS 713990 254037 254037 518289 14946 14946 397575 1632462 397575 0 MISCELLANEOUS 713990 78181 78181 78181 9702873 518289 0 93127 606645 416288 130714 59643 3253691 1953274 966208 334209 268057 164243 76450 27364 415275 250175 122489 42611 277688 170144 79197 28347 24080 23383 514 183 32193 29004 2963 226 1875 1875 289280 238322 50492 466 150369 137524 12267 578 2727673 2457410 251066 19197 150098 82316 20760 47022 6400 5766 589 45 127285 114674 11715 896 95021 85606 8746 669 EXHIBITION COSTS 1369875 1369875 PRODUCTION AND EVENT CO 335174 147220 86159 101795 OTHER 146402 71829 49419 25154 MEMBERSHIP DUES & SUBSC 46440 15950 28486 2004 10323521 7733003 1900109 690409 1085341 1563510 2488781 2993638 2517890 1155376 301199 1081572 5277791 4335252 744935 942539 255778 226013 7393924 7962648 195366 1451526 219048 196971 414414 1648497 X 271430 1244999 6708080 5069152 6979510 6314151 7393924 7962648 -620648 -44711 0 X X 0 1 X 1 0 X X 1 MUSEUM OF MODERN ART 131624100 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 1875 0 0 1875 0 PART II-B, LINE 1: MOMA PS1'S LOBBYING ACTIVITIES CONSISTED OF MEETINGS AND TOURS WITH LOCAL PUBLIC OFFICIALS TO DISCUSS A RANGE OF TOPICS INCLUDING: THE WORK OF MOMA PS1, MOMA PS1'S REQUEST FOR CAPITAL AND SUPPLEMENTAL OPERATING FUNDING. X X X 0 255778 -29765 226013 203131 52647 255778 210399 -7268 203131 208393 2006 210399 193527 14866 208393 0.80471 0.19530 0 1 1 4047866 3543566 504300 411253 361948 49305 818672 429738 388934 942539 SALARY - RELATED PAYABLES 196971 196971 9658162 -44711 -44711 9702873 0 9702873 10323521 0 10323521 0 10323521 PART III, LINE 4: FIFTEEN HISTORIC ARTWORKS ARE INSTALLED LONG-TERM THROUGHOUT MOMA PS1, AND CAN BE SEEN YEAR-ROUND BY THE VISITING PUBLIC. THESE ARTWORKS ARE SITE-SPECIFIC AND WERE INSTALLED FOR EXHIBITIONS THROUGHOUT THE MUSEUM'S HISTORY, MANY OF THEM REMAINING ON VIEW SINCE THE 1970S WHEN MOMA PS1 WAS THE INSTITUTE FOR ART AND URBAN RESOURCES INC. SINCE MOMA PS1 IS THE LARGEST NON-COLLECTING CONTEMPORARY ART INSTITUTION IN THE WORLD, THESE WORKS BELONG TO THE ARTISTS. PART V, LINE 4: MOMA PS1'S ENDOWMENT CONSISTS OF TWO DONOR-RESTRICTED FUNDS ESTABLISHED FOR TWO MEMORIAL ENDOWMENT FUNDS. IN ADDITION, THE MUSEUM OF MODERN ART MAINTAINS ENDOWMENT FUNDS TOTALING $11,681,323 AS OF JUNE 30, 2022, WHICH SUPPORT THE ACTIVITIES OF MOMA PS1. THE LONG-TERM FOCUS OF THE INVESTMENT PORTFOLIO IS TO SUPPORT MOMA PS1'S MISSION BY PROVIDING A RELIABLE SOURCE OF FUNDS FOR CURRENT AND FUTURE USE. SPRING BENEFIT GALA 2030037 1632462 397575 287315 94026 16050 184 2030037 1632462 397575 287315 94026 16050 184 397575 0 X X X X X 0 0 0 0 0 0 0 0 0 JAMES GROOMS SECRETARY 0 544885 0 0 0 0 0 0 0 35383 0 580268 0 0 KATHRYN FOWLE DIRECTOR 322717 0 0 0 0 0 0 0 49432 0 372149 0 0 0 JOSE A ORTIZ DEPUTY DIRECTOR 179543 0 0 0 0 0 0 0 8688 0 188231 0 0 0 MOLLY KURZIUS DIRECTOR OF EXTERNAL AFFAIRS 123005 0 0 0 0 0 0 0 34804 0 157809 0 0 0 FORM 990, PART I, LINE 6 THIS NUMBER INCLUDES AN ESTIMATE OF VOLUNTEERS ENGAGED THROUGHOUT THE FISCAL YEAR TO ASSIST WITH PROGRAMMATIC ACTIVITIES, PLUS MOMA PS1'S BOARD MEMBERS. FORM 990, PART III, LINE 3 THE WORLD HEALTH ORGANIZATION RECOGNIZED THE NOVEL STRAIN OF CORONAVIRUS, COVID-19, AS A PANDEMIC IN JANUARY 2020. IN RESPONSE TO THIS OUTBREAK AND TO CONTROL THE SPREAD OF THIS VIRUS, NEW YORK STATE IMPOSED RESTRICTIONS ON BUSINESS OPERATIONS, TRAVEL, AND INITIATED A STAY-AT-HOME POLICY FOR ITS CITIZENS. IN ACCORDANCE WITH DIRECTIVES ISSUED BY THE NEW YORK STATE GOVERNMENT, THE MUSEUM WAS CLOSED TO THE PUBLIC ON MARCH 13, 2020 TO VISITORS AND STAFF EXCLUDING ESSENTIAL PERSONNEL REQUIRED TO OPERATE THE CAMPUS. THIS DISRUPTION LASTED INTO THE MUSEUM'S FISCAL YEAR FY22. PS1 STILL FELT THE IMPACT OF THE COVID-19 PANDEMIC IN FY 22 DUE TO NYS AND NYC MANDATES. AS A RESULT OF THE MANDATES, INSTITUTIONAL PROGRAMS SUCH AS WARM UP WERE EITHER DONE VIRTUALLY OR CANCELED. FORM 990, PART VI, SECTION A, LINE 6 MOMA IS A CORPORATE MEMBER OF THE MOMA PS1 ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A MOMA PS1 IS AN INDEPENDENTLY INCORPORATED NON-PROFIT WITH ITS OWN MANAGEMENT AND FINANCES, SUPPORTED BY A GENEROUS BOARD. FOUNDED IN 1976, PS1 HAS BEEN A MEMBER OF NEW YORK CITY'S CULTURAL INSTITUTIONS GROUP (CIG) MANAGED THROUGH THE DEPARTMENT OF CULTURAL AFFAIRS (DCLA) SINCE 1982, AND ALSO AFFILIATED WITH THE MUSEUM OF MODERN ART SINCE 2000. MOMA IS A CORPORATE MEMBER OF THE MOMA PS1 ORGANIZATION WITH THE POWER TO ELECT OR APPOINT BOARD MEMBERS AND PARTICIPATE IN CERTAIN MANAGEMENT DECISIONS. BENEFITS OF THE UNIQUE AFFILIATION WITH MOMA INCLUDE CURATORIAL COLLABORATION, AND SOME ADMINISTRATIVE, LEGAL, AND IT SUPPORT, AS WELL AS A FINANCIAL CONTRIBUTION OF UP TO 10% OF PS1'S ANNUAL OPERATING BUDGET. IN ADDITION, MANY MOMA TRUSTEES, AFFILIATE GROUPS AND CORPORATE SPONSORS SUPPORT COMPLIMENTARY PROGRAMS AND INITIATIVES THAT UNDERPIN OUR DISTINCTIVE RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 7B MOMA PS1 IS AN INDEPENDENTLY INCORPORATED NON-PROFIT WITH ITS OWN MANAGEMENT AND FINANCES, SUPPORTED BY A GENEROUS BOARD. FOUNDED IN 1976, PS1 HAS BEEN A MEMBER OF NEW YORK CITY'S CULTURAL INSTITUTIONS GROUP (CIG) MANAGED THROUGH THE DEPARTMENT OF CULTURAL AFFAIRS (DCLA) SINCE 1982, AND ALSO AFFILIATED WITH THE MUSEUM OF MODERN ART SINCE 2000. MOMA IS A CORPORATE MEMBER OF THE MOMA PS1 ORGANIZATION WITH THE POWER TO ELECT OR APPOINT BOARD MEMBERS AND PARTICIPATE IN CERTAIN MANAGEMENT DECISIONS. BENEFITS OF THE UNIQUE AFFILIATION WITH MOMA INCLUDE CURATORIAL COLLABORATION, AND SOME ADMINISTRATIVE, LEGAL, AND IT SUPPORT, AS WELL AS A FINANCIAL CONTRIBUTION OF UP TO 10-15% OF PS1'S ANNUAL OPERATING BUDGET. IN ADDITION, MANY MOMA TRUSTEES, AFFILIATE GROUPS AND CORPORATE SPONSORS SUPPORT COMPLIMENTARY PROGRAMS AND INITIATIVES THAT UNDERPIN OUR DISTINCTIVE RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B INFORMATION FOR MOMA PS1'S FORM 990 IS GENERATED FROM MOMA PS1'S FINANCIAL RECORDS WITH INPUT FROM MOMA PS1 DEPARTMENTS, AND COMPILED BY EXTERNAL TAX ADVISERS. IT IS THEN REVIEWED BY MOMA PS1 SENIOR STAFF INCLUDING THE DIRECTOR AND CHIEF OPERATING OFFICER. THE 990 IS THEN PRESENTED TO MOMA PS1'S AUDIT COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW AND COMMENT. A COPY OF THE 990 IS PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS ELECTRONICALLY OR IN PRINTED COPY. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, MOMA PS1 DISTRIBUTES ITS CODE OF CONDUCT TO ALL VOTING MEMBERS OF THE BOARD OF DIRECTORS AND DESIGNATED EMPLOYEES, AND REQUIRES THAT CONFLICT OF INTEREST QUESTIONNAIRES BE COMPLETED AND RETURNED FOR INITIAL REVIEW BY THE SECRETARY TO THE BOARD (FOR BOARD MEMBERS AND EMPLOYEES), AND CHIEF OPERATING OFFICER (FOR EMPLOYEES). AMONG OTHER THINGS, THE CODE OF CONDUCT AND CONFLICT OF INTEREST QUESTIONNAIRES REQUIRE THE RESPONDENT TO: CONFIRM THAT HE OR SHE HAS READ AND UNDERSTANDS THE CODE OF CONDUCT, AGREES TO ABIDE BY IT, IDENTIFY WHETHER HE OR SHE (OR A FAMILY MEMBER) HAS ANY RELATIONSHIP WITH MOMA PS1 THAT MAY REPRESENT A CONFLICT OF INTEREST, AS DEFINED BY THE CODE OF CONDUCT, AND REPORT ANY KNOWLEDGE OF A TRANSACTION WHICH SHOULD BE REPORTED UNDER THE CODE. WHEN POTENTIAL EMPLOYEE CONFLICTS OF INTEREST ARE REPORTED OR IDENTIFIED, WHEN NECESSARY, AN INVESTIGATION IS CONDUCTED TO DETERMINE THE FACTS AND CIRCUMSTANCES SURROUNDING THE CONFLICT, AND A RECOMMENDATION FOR ACTION IS MADE, IF WARRANTED. SUCH ACTION MAY INCLUDE, BUT IS NOT LIMITED TO, PROHIBITING THE INDIVIDUAL FROM PARTICIPATING IN DELIBERATIONS AND DECISIONS REGARDING THE TRANSACTION IN QUESTIONS, OR TAKING DISCIPLINARY ACTIONS, WHICH, IN APPROPRIATE CIRCUMSTANCES MAY INCLUDE SUSPENSION OR TERMINATION. THE EMPLOYEE'S SUPERVISOR IS NOTIFIED OF AN EMPLOYEE WITH IDENTIFIED CONFLICTS AND THE ACTION TO BE TAKEN, IF ANY. WHEN POTENTIAL DIRECTORS' CONFLICT OF INTEREST ARE REPORTED OR IDENTIFIED, THE SECRETARY TO THE BOARD OF DIRECTORS MAKES A REPORT TO A COMMITTEE OF THE BOARD. THE COMMITTEE WILL REVIEW THE REPORT IN ORDER TO DETERMINE A COURSE OF ACTION (IF WARRANTED), INCLUDING, BUT NOT LIMITED TO DISCLOSURE TO THE BOARD OF DIRECTORS, PROHIBITING THE INVOLVED DIRECTOR FROM PARTICIPATING IN AND/OR VOTING ON A TRANSACTION IN QUESTION, RESIGNATION FROM THE BOARD OF DIRECTORS, ETC. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR MOMA PS1 OFFICERS IS REVIEWED ANNUALLY BY THE MOMA PS1 EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 MOMA PS1'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 2C: THE AUDIT COMMITTEE ASSUMES THE RESPONSIBILITY FOR THE AUDIT. THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS. THE MUSEUM OF MODERN ART 11 WEST 53RD STREET NEW YORK NY 10019 131624100 ART MUSEUM NY 501(C)(3) LINE 7 N/A 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 MUSEUM OF MODERN ART C 2527928 COST MUSEUM OF MODERN ART E 2000000 COST MUSEUM OF MODERN ART M 634593 COST