2022-04-20T10:58:58-05:00 2021-06-30 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2020-07-01 133004747 THE VIVIAN BEAUMONT THEATERINC D/B/A LINCOLN CENTER THEATER VIVI 2125013100 150 W 65TH STREET NEW YORK NY 100236975 DAVID S BROWN DIRECTOR OF FINANCE 2125013100 2022-04-18 1 DAVID BROWN 133004747 FREDERICK MARTENS P00298107 2126972299 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z LINCOLN CENTER THEATER ANDRE BISHOP 150 W 65TH STREET NEW YORK NY 100236975 21594648 0 X WWW.LCT.ORG X 1979 NY THE ORGANIZATION'S PURPOSE IS TO PROMOTE THE HIGHEST STANDARDS OF EXCELLENCE IN THE THEATER AND THE PERFORMING ARTS, PRIMARILY THROUGH THE PRODUCTION AND PERFORMANCE OF PLAYS AND MUSICALS FOR THE GENERAL PUBLIC, AS WELL AS VARIOUS DEVELOPMENTAL AND EDUCATIONAL ACTIVITIES. 51 50 458 49 -4663 0 11334777 8938654 4837283 70324 6856148 10709241 4522137 233981 27550345 19952200 30000 35000 0 0 15386846 8729075 113004 0 1651124 15221925 8266379 30751775 17030454 -3201430 2921746 166456784 199499593 5442782 7109601 161014002 192389992 X SEE SCHEDULE OTHE ORGANIZATION'S FUNDAMENTAL PURPOSE, AS ADOPTED IN ITS BY-LAWS, IS(1) TO PRESENT, DEVELOP, AND ENCOURAGE THE HIGHEST EXCELLENCE IN THE PERFORMING ARTS; (2) TO ENCOURAGE AND ADVANCE THE PUBLIC KNOWLEDGE AND APPRECIATION OF DRAMA AND CLASSICAL, ARTISTIC, MUSICAL, LITERARY AND SOCIAL TRADITION BY THEATRICAL PERFORMANCES AVAILABLE TO THE LARGEST POSSIBLE AUDIENCES, ENCOMPASSING THE FULL ECONOMIC AND SOCIAL SPECTRUM; (3) TO MAINTAIN ACCESSIBILITY TO LINCOLN CENTER THEATER BY MAINTAINING THE LOWEST PRACTICABLE TICKET PRICES; (4) TO PROMOTE INTEREST IN THE STUDY OF THEATER ARTS AND DRAMA IN PARTICULAR BY PROVIDING THE ORGANIZATION'S ARTISTS, PERFORMERS, MANAGERS AND EMPLOYEES WITH AN ATMOSPHERE OF FREEDOM TO PURSUE CREATIVE OBJECTIVES AND WITH WORKING CONDITIONS ALTOGETHER ENCOURAGING EXCELLENCE IN THE ARTS, HUMAN DIGNITY, AND INDIVIDUAL FREEDOM; AND (5) TO PROVIDE THE PREMISES, ATMOSPHERE AND SUPPORT FOR GROUPS OF PERFORMERS WHO SHARE THE ARTISTIC STANDARDS, PURPOSES AND ASP 0 0 8741853 19484 THEATRICAL PRODUCTION & OPERATIONS (REGULAR & EXTENDED, INCLUDING ARTISTIC STAFF AND FACILITIES).THE ORGANIZATION ORDINARILY PRESENTS A SEASON OF PRODUCTIONS AT THE VIVIAN BEAUMONT AND MITZI E. NEWHOUSE THEATERS AT LINCOLN CENTER, AS WELL AS WORKS BY YOUNG AND EMERGING ARTISTS (THE LCT3 PROGRAM) AT THE CLAIRE TOW THEATER AT LINCOLN CENTER.BECAUSE THEATRICAL PERFORMANCES WERE PROHIBITED BY GOVERNMENT ORDER THROUGHOUT THE FISCAL YEAR ENDING JUNE 30, 2021 (IN RESPONSE TO THE COVID-19 PANDEMIC), THE EXPENSES REPORTED FOR THIS PROGRAM SERVICE ARE THE COSTS OF THE THEATRICAL FACILITIES AND PERMANENT ARTISTIC STAFF OF THE ORGANIZATION. 1520403 50840 MARKETING, EDUCATION & OUTREACH.THE THEATER'S EDUCATION PROGRAM (OPEN STAGES) FOR CHILDREN FROM LOW-INCOME FAMILIES ATTENDING NEW YORK CITY PUBLIC SCHOOLS CONSISTS OF A SERIES OF PROFESSIONAL DEVELOPMENT SESSIONS FOR TEACHERS AND CLASSROOM WORKSHOPS LED BY TEACHING ARTISTS. EDUCATIONAL ACTIVITIES IN THE HIGH SCHOOL PROGRAM ARE CONNECTED WITH THE THEATER'S PRODUCTIONS (FOR WHICH FREE TICKETS ARE PROVIDED TO STUDENTS AND TEACHERS) AND THE PERFORMING ARTS IN GENERAL. OPEN STAGES INCLUDES THREE ADDITIONAL COMPONENTS. THE SHAKESPEARE PROGRAM PROVIDES STUDENTS WITH AN INTRODUCTION TO THE PLAYWRIGHT BY APPROACHING HIS LANGUAGE AS ACTORS AND FINDING PERSONAL CONNECTIONS TO HIS WORK'S CHARACTERS AND ACTIONS. THE LEAD (LEARNING ENGLISH AND DRAMA) PROJECT WAS DEVISED TO HELP ENL STUDENTS IN HIGH SCHOOLS AND MIDDLE SCHOOLS IMPROVE THEIR ENGLISH-LANGUAGE SPEAKING SKILLS BY UTILIZING THEATER TECHNIQUES. THE SONGWRITING IN THE SCHOOLS PROGRAM, DESIGNED TO ENHANCE THE WRITING CURRICULUM IN THE PUBLIC SCHOOLS, BRINGS YOUNG PROFESSIONAL LYRICISTS AND COMPOSERS INTO CLASSROOMS FOR NINE-SESSION RESIDENCIES IN WHICH THEY TEACH STUDENTS HOW TO WRITE LYRICS FROM A CHARACTER'S POINT OF VIEW AND THEN SET THEIR WORDS TO MUSIC. ALL EDUCATION PROGRAM COMPONENTS REACH A TOTAL OF APPROXIMATELY 4,300 STUDENTS AND 80 TEACHERS EACH YEAR.THE THEATER'S MEMBERSHIP PROGRAM (IN AN ORDINARY YEAR WITH FULL THEATRICAL PRODUCTION) IS ITS PRINCIPAL MEANS OF AUDIENCE DEVELOPMENT. ITS EXPENSES ARE THE COSTS OF SERVICING A GROUP OF APPROXIMATELY 22,000 LINCOLN CENTER THEATER MEMBERS, EACH OF WHOM, AFTER PAYMENT OF AN ANNUAL FEE, IS ENTITLED TO PURCHASE ONE TICKET TO EACH OF THE THEATER'S PRODUCTIONS AT A SUBSTANTIAL DISCOUNT (SUBJECT IN SOME CIRCUMSTANCES TO AVAILABILITY) AND TO RECEIVE SPECIAL INFORMATION AND SERVICE IN THE ORDERING OF TICKETS. OVER 7,500 STUDENT AND YOUNGER MEMBERS, UNDER THE LINCTIX PROGRAM, ARE ENTITLED TO MEMBERSHIP BENEFITS AND DISCOUNTS WITHOUT THE PAYMENT OF AN ANNUAL FEE. 336270 35000 VIDEO, ONLINE & SPECIAL PROJECTS.BECAUSE THEATRICAL PERFORMANCES WERE PROHIBITED BY GOVERNMENT ORDER THROUGHOUT THE FISCAL YEAR (IN RESPONSE TO THE COVID-19 PANDEMIC), THIS PROGRAM SERVICE INCLUDED VIDEO AND ONLINE PRESENTATIONS, INCLUDING THE LCT SPOTLIGHT SERIES, LCT PRIVATE REELS (STREAMING OF ARCHIVE RECORDINGS OF PAST PRODUCTIONS), WEBINARS, AND AUDIO PLAYS. SPECIAL ARTISTIC PROJECTS ALSO INCLUDE DEVELOPMENTAL WORKSHOPS AND READINGS OF NEW PLAYS AND MUSICALS (THE PLAY DEVELOPMENT PROGRAM), COMMISSIONS FOR NEW PLAYS AND OPERAS, AND THE PUBLICATION OF THE LINCOLN CENTER THEATER REVIEW, A JOURNAL OF THE DRAMA. GRANTS AND AWARDS WITHIN THIS PROGRAM SERVICE ARE THE CULLMAN AWARD FOR CREATIVE ACHIEVEMENT, 10598526 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 96 0 458 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 51 50 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 NY X X THE ORGANIZATION 2125013100 150 W 65TH STREET NEW YORK NY 100236975 ANDRE BISHOP PRODUCING ARTISTIC DIRECTOR 40.00 X X 670481 0 329697 ERIC M MINDICH CHAIRMAN OF BOARD 2.00 X X 0 0 0 KEWSONG LEE PRESIDENT 2.00 X X 0 0 0 MARLENE HESS VICE CHAIRMAN 2.00 X X 0 0 0 LEONARD TOW VICE CHAIRMAN 2.00 X X 0 0 0 WILLIAM D ZABEL VICE CHAIRMAN 2.00 X X 0 0 0 JONATHAN Z COHEN CHAIRMAN EXEC. COMMITTEE 2.00 X X 0 0 0 JANE LISMAN KATZ TREASURER 2.00 X X 0 0 0 JOHN W ROWE SECRETARY 2.00 X X 0 0 0 ANNETTE TAPERT ALLEN DIRECTOR 1.00 X 0 0 0 ALLISON M BLINKEN DIRECTOR 1.00 X 0 0 0 JAMES-KEITH BROWN DIRECTOR 1.50 X 0 0 0 JUDITH BYRD DIRECTOR 1.00 X 0 0 0 H RODGIN COHEN DIRECTOR 1.50 X 0 0 0 IDA COLE DIRECTOR 1.00 X 0 0 0 JUDY GORDON COX DIRECTOR 1.00 X 0 0 0 IDE DANGOOR DIRECTOR 1.50 X 0 0 0 DAVID DIDOMENICO DIRECTOR 1.00 X 0 0 0 SHARI EBERTS DIRECTOR 1.00 X 0 0 0 CURTLAND E FIELDS DIRECTOR 1.00 X 0 0 0 HENRY LOUIS GATES JR DIRECTOR 1.00 X 0 0 0 CATHY BARANCIK GRAHAM DIRECTOR 1.00 X 0 0 0 DAVID J GREENWALD DIRECTOR 1.00 X 0 0 0 J TOMILSON HILL DIRECTOR 1.00 X 0 0 0 SANDRA HOFFEN DIRECTOR 1.00 X 0 0 0 JUDITH HILTZ DIRECTOR 1.50 X 0 0 0 LINDA LEROY JANKLOW CHAIRMAN EMERITUS 2.00 X 0 0 0 RAYMOND JOABAR DIRECTOR 1.00 X 0 0 0 MICHAEL KRIAK DIRECTOR 1.00 X 0 0 0 ERIC KUHN DIRECTOR 1.50 X 0 0 0 BETSY KENNY LACK DIRECTOR 1.00 X 0 0 0 MEMRIE M LEWIS DIRECTOR 1.00 X 0 0 0 NINAH LYNNE DIRECTOR 1.50 X 0 0 0 PHYLLIS MAILMAN DIRECTOR 1.00 X 0 0 0 ELLEN R MARRAM DIRECTOR 1.00 X 0 0 0 SCOTT M MILLS DIRECTOR 1.00 X 0 0 0 JOHN MORNING DIRECTOR 1.00 X 0 0 0 BROOKE GARBER NEIDICH DIRECTOR 1.50 X 0 0 0 ELYSE NEWHOUSE DIRECTOR 1.50 X 0 0 0 JACK O'KELLEY III DIRECTOR 1.00 X 0 0 0 ANDREW J PECK DIRECTOR 1.00 X 0 0 0 ROBERT POHLY DIRECTOR 1.50 X 0 0 0 KATHARINE J RAYNER DIRECTOR 1.00 X 0 0 0 RICHARD RUBEN DIRECTOR (RESIGNED JUL. 2020) 1.00 X 0 0 0 STEPHANIE SHUMAN DIRECTOR 1.00 X 0 0 0 DAVID F SOLOMON DIRECTOR 1.50 X 0 0 0 LAURA SPEYER DIRECTOR 1.00 X 0 0 0 TRACEY TRAVIS DIRECTOR 1.00 X 0 0 0 MILA ATMOS TUTTLE DIRECTOR 1.00 X 0 0 0 DAVID WARREN DIRECTOR 1.00 X 0 0 0 KAILY SMITH WESTBROOK DIRECTOR 1.00 X 0 0 0 CARYN ZUCKER DIRECTOR 1.00 X 0 0 0 DAVID S BROWN DIRECTOR OF FINANCE 40.00 X 243789 0 267048 HATTIE JUTAGIR EXEC. DIR. DEVEL. & PLANNING 40.00 X 398921 0 494350 ADAM SIEGEL MANAGING DIRECTOR 40.00 X 357949 0 195500 BARTLETT SHER RESIDENT DIRECTOR 40.00 X 284265 0 169523 DANIEL SWEE CASTING DIRECTOR 40.00 X 237855 0 249066 PAUL SMITHYMAN PRODUCTION MANAGER 40.00 X 195273 0 165052 LINDA MASON ROSS DIRECTOR OF MARKETING 40.00 X 194546 0 162745 EVAN CABNET ARTISTIC DIRECTOR / LCT3 40.00 X 187782 0 77381 ANNE CATTANEO SANTORE DRAMATURG 40.00 X 181608 0 249289 JESSICA NIEBANCK GENERAL MANAGER 40.00 X 159743 0 106720 IRA WEITZMAN MUSICAL THTR. ASSOC. PROD. 40.00 X 157985 0 166909 KARIN L SCHALL DEVEL. SPECIAL EVENTS MGR. 40.00 X 161860 0 211408 ENRIQUE MUSTELIER FACILITIES MANAGER 40.00 X 153890 0 143315 JULIA F JUDGE EXECUTIVE ASSISTANT 40.00 X 144739 0 177701 STACY M VALENTINE IT SYSTEMS MANAGER 40.00 X 137237 0 94549 MALA MOSHER CONTROLLER 40.00 X 137123 0 84988 4005046 0 3345241 24 0 1 0 59 PRODUCTIONS LTD C/O AHA TALENT LTD 2 PERCY STREET LONDON UK THEATRICAL PROJECTIONS DESIGN 221383 CAMBRIDGE ASSOCIATES LLC 125 HIGH STREET BOSTON MA 02110 INVESTMENT CONSULTING 138750 2 1453277 631687 6853690 367329 8938654 PROGRAM FEES 711110 50840 50840 TV & RECORDING INCOME 711110 19484 19484 70324 1079604 -4663 1084267 30363 30363 11272085 1642448 9629637 9629637 9629637 0 1453277 0 0 PARKING REVENUE 900099 161964 161964 MISCELLANEOUS REVENUE 900099 41654 41654 203618 19952200 70324 -4663 10947885 35000 35000 3376037 1826830 1155167 394040 3153564 1115791 1323783 713990 920734 406101 356315 158318 727931 270995 298374 158562 550809 242941 213158 94710 22494 22494 104421 104421 61856 61856 825892 825892 207308 207308 43678 43678 326617 147 266686 59784 1655321 1655321 15264 4358 10906 24260 24260 2542307 2460580 81727 408748 369585 39163 SECURITY/MAINTENANCE 1311007 1311007 PUBLICATIONS/SPEC.PROJ. 583908 583908 FUNDRAISING EVENT EXP. 60814 60814 MEMBERSHIP SERVICES 34875 34875 37609 34459 3150 17030454 10598526 4780804 1651124 1639802 2158383 13735875 15625681 1409258 1147577 456140 564621 3289641 3343461 72379184 42127964 32786657 30251220 6600665 6549895 103201213 139858755 3337533 166456784 199499593 1278180 726772 458702 1128703 3705900 5254126 5442782 7109601 X 70813477 78506884 90200525 113883108 161014002 192389992 166456784 199499593 2921746 28454244 0 X 0 1 X 1 0 X 16042813 11856865 12002540 11334777 8938654 60175649 16042813 11856865 12002540 11334777 8938654 60175649 4595363 55580286 1450591 1940493 2413531 2335129 1109967 9249711 21008 31144 52152 340532 416759 642537 3643847 203618 5247293 74724805 98934268 0.74380 0.72390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 98488699 34064355 35000 5318115 127199939 100750896 2591518 30000 4823715 98488699 99970836 5679345 35000 4864285 100750896 97345348 7440740 35000 4780252 99970836 89898225 -302031 12399284 35000 4615130 97345348 0.18390 0.44110 0.37500 0 0 68759014 39585657 29173357 3620170 2542307 1077863 0 30251220 ADAGE CAPITAL PARTNERS LP 56254951 F TIFF PARTNERS V--US 178250 F TIFF PARTNERS V--INTL 16451 F TIFF PRIVATE EQUITY PARTNERS 2008 780341 F GOLDMAN SACHS DIST. OPP.FUND IV 563854 F FORESTER STRATEGIC OPPORTUNITIES 3983274 F CITY OF LONDON EMRGNG MKTS FREE FND 5068938 F OLDFIELD PARTNERS/OVERSTONE EMERGING MARKETS EQUITY FUND 2260668 F OCTAGON SENIOR SECURED CREDIT FUND 3452249 F LAKEWOOD CAPITAL OFFSHORE 5548226 F GOVERNORS LANE 6061150 F FARALLON CAPITAL OFFSHORE 13136439 F OVERLOOK PARTNERS 4274095 F FORESTER OFFSHORE CLASS A-2 5473993 F FORESTER OFFSHORE CLASS FSO 133957 F FORESTER OFFSHORE CLASS A-2 SERIES 10/13 5850147 F FORESTER OFFSHORE 2 SUB SERIES EXCHANGE 2031336 F WELL FARGO INTERNATIONAL EQUITY FUND 24098629 F THEATRICAL PARTNERSHIP INVESTMENT 210859 F FORTRESS FUND V EXPANSION 480948 F 139858755 47580552 28454244 28454244 19126308 825892 825892 19952200 16204562 0 16204562 825892 825892 17030454 PART V, LINE 4: UNLESS OTHERWISE SPECIFIED BY THE DONOR, THE ORGANIZATION'S ENDOWMENT FUNDS ARE USED, ACCORDING TO THE SPENDING ALLOWANCE DETERMINED BY BOARD POLICY, TO SUPPORT THE ORGANIZATION'S ARTISTIC PROGRAM, GENERALLY IN THE PRODUCTION OF PLAYS AND MUSICALS. ENDOWMENTS ESTABLISHED FOR SPECIAL PURPOSES (SUCH AS TO FUND AN ANNUAL AWARD OR TO SUPPORT PROGRAMS FOR THE ELDERLY) ARE EXPENDED ACCORDING TO THE SPENDING ALLOWANCE SPECIFIED BY THE DONOR AND IN SUPPORT OF THE SPECIAL PROGRAM OR PURPOSE. CAYMAN ISLANDS 0 0 INVESTMENTS - SEE FORM 990, PART X, LINE 12 50508719 IRELAND 0 0 INVESTMENTS - SEE FORM 990, PART X, LINE 12 2260668 0 0 0 0 0 0 52769387 0 52769387 1 0 1 0 0 0 PART III ACCOUNTING METHOD: VIRTUAL BENEFIT 1453277 1453277 1453277 1453277 1 CULLMAN AWARD FOR EXTRAORDINARY CREATIVITY 1 35000 PART I, LINE 2: THE ORGANIZATION DOES NOT MAKE GRANTS AS PART OF ITS PRIMARY MISSION. PRIZES AND FELLOWSHIPS ARE AWARDED IN ACCORDANCE WITH THE TERMS AND PROCEDURES DICTATED BY THE DONORS OF THESE AWARDS. AWARD RECIPIENTS ARE SELECTED BY A COMMITTEE CONSISTING OF THE DONOR OF THE AWARD AND THE MANAGEMENT OF THE ORGANIZATION, IN RECOGNITION OF THEIR CREATIVE ACHIEVEMENT IN SERVICE TO THE ORGANIZATION. FELLOWSHIP RECIPIENTS ARE SELECTED BY WRITTEN APPLICATION TO THE DONOR OF THE AWARD. FELLOWSHIPS AND THE USE OF FELLOWSHIP FUNDS ARE MONITORED AND ACCOUNTED FOR BY THE ORGANIZATION, AND THE FELLOWSHIP RECIPIENT MAKES AN ANNUAL REPORT TO BOTH THE DONOR AND THE ORGANIZATION OF HIS ARTISTIC AND EDUCATIONAL ACTIVITIES DURING THE FELLOWSHIP. X X 1 1 X X X X X X 0 0 0 0 0 0 0 0 0 ANDRE BISHOP PRODUCING ARTISTIC DIRECTOR 661538 0 0 0 8943 0 296698 0 32999 0 1000178 0 0 0 DAVID S BROWN DIRECTOR OF FINANCE 243789 0 0 0 0 0 253294 0 13754 0 510837 0 0 0 HATTIE JUTAGIR EXEC. DIR. DEVEL. & PLANNING 398921 0 0 0 0 0 467605 0 26745 0 893271 0 0 0 ADAM SIEGEL MANAGING DIRECTOR 357949 0 0 0 0 0 169832 0 25668 0 553449 0 0 0 BARTLETT SHER RESIDENT DIRECTOR 284265 0 0 0 0 0 133450 0 36073 0 453788 0 0 0 DANIEL SWEE CASTING DIRECTOR 237855 0 0 0 0 0 224827 0 24239 0 486921 0 0 0 PAUL SMITHYMAN PRODUCTION MANAGER 195273 0 0 0 0 0 131886 0 33166 0 360325 0 0 0 LINDA MASON ROSS DIRECTOR OF MARKETING 194546 0 0 0 0 0 126825 0 35920 0 357291 0 0 0 EVAN CABNET ARTISTIC DIRECTOR / LCT3 187782 0 0 0 0 0 38919 0 38462 0 265163 0 0 0 ANNE CATTANEO SANTORE DRAMATURG 181608 0 0 0 0 0 213741 0 35548 0 430897 0 0 0 JESSICA NIEBANCK GENERAL MANAGER 159743 0 0 0 0 0 73113 0 33607 0 266463 0 0 0 IRA WEITZMAN MUSICAL THTR. ASSOC. PROD. 157985 0 0 0 0 0 152023 0 14886 0 324894 0 0 0 KARIN L SCHALL DEVEL. SPECIAL EVENTS MGR. 161860 0 0 0 0 0 186356 0 25052 0 373268 0 0 0 ENRIQUE MUSTELIER FACILITIES MANAGER 153890 0 0 0 0 0 130223 0 13092 0 297205 0 0 0 JULIA F JUDGE EXECUTIVE ASSISTANT 144739 0 0 0 0 0 162884 0 14817 0 322440 0 0 0 STACY M VALENTINE IT SYSTEMS MANAGER 137237 0 0 0 0 0 71099 0 23450 0 231786 0 0 0 MALA MOSHER CONTROLLER 137123 0 0 0 0 0 49357 0 35631 0 222111 0 0 0 PART I, LINE 1A TRAVEL FOR COMPANIONS: ONE OFFICER, THE PRODUCING ARTISTIC DIRECTOR, RECEIVES UNDER HIS CONTRACT AN ANNUAL ALLOWANCE OF $7,500 TO PAY FOR AIRLINE TRAVEL FOR HIS SPOUSE TO ACCOMPANY HIM ON BUSINESS TRIPS. THIS AMOUNT IS REPORTED AS TAXABLE INCOME TO THE OFFICER WHEN AND IF IT IS USED. PERSONAL SERVICES: ONE OFFICER, THE PRODUCING ARTISTIC DIRECTOR, RECEIVES UNDER HIS CONTRACT AN ANNUAL ALLOWANCE OF $25,000 TO PAY FOR PERSONAL CAR SERVICE TO AND FROM HOME AND THE OFFICE. THIS AMOUNT IS REPORTED AS TAXABLE INCOME TO THE OFFICER WHEN AND IF IT IS USED. PART II, COLUMN C RETIREMENT AND OTHER DEFERRED COMPENSATION DEFERRED COMPENSATION LISTED FOR EMPLOYEES COVERED UNDER THE ORGANIZATION'S DEFINED BENEFIT PENSION PLAN IS HIGHER THAN USUAL BECAUSE THE CALCULATION OF THE INCREASE IN THE PRESENT VALUE OF BENEFITS UNDER SUCH PLANS IS VERY SENSITIVE TO CHANGES IN THE EFFECTIVE RATE OF INTEREST USED. X 14 367329 QUOTED MARKET VALUE 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE, ELECTED ANNUALLY BY THE BOARD OF DIRECTORS AND CONSISTING OF MEMBERS OF THE BOARD OF DIRECTORS, USUALLY THE OFFICERS OF THE BOARD AND SEVERAL OTHER DIRECTORS, HAS THE AUTHORITY TO EXERCISE ALL THE POWERS OF THE BOARD IN THE MANAGEMENT OF THE AFFAIRS, PROPERTY, AND BUSINESS OF THE ORGANIZATION AS PROVIDED BY ITS BY-LAWS, EXCEPT THE FILLING OF VACANCIES IN THE BOARD OR ANY COMMITTEE, THE FIXING OF COMPENSATION OF DIRECTORS FOR SERVING ON THE BOARD, THE AMENDMENT OR REPEAL OF THE BY-LAWS, THE ADOPTION OF NEW BY-LAWS, OR THE AMENDMENT OR REPEAL OF ANY RESOLUTION OF THE BOARD THAT BY ITS TERMS SHALL NOT BE SO AMENDABLE OR REPEALABLE. FORM 990, PART VI, SECTION B, LINE 11B THE FULL COPY OF FORM 990 IS REVIEWED IN DETAIL BY AUDIT COMMITTEE OF BOARD OF DIRECTORS, WITH ASSISTANCE OF INDEPENDENT AUDITOR, AND IT IS PROVIDED TO MEMBERS OF THE FULL BOARD OF DIRECTORS FOR EXAMINATION BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY COVERS BOARD OF DIRECTORS. DETERMINATION OF WHETHER A CONFLICT EXISTS AND THE REVIEW OF ACTUAL CONFLICTS IS MADE AT THE BOARD COMMITTEE LEVEL, FIRST BY THE BOARD'S AUDIT COMMITTEE, WITH DECISIONS OF THE AUDIT COMMITTEE REPORTED TO AND RATIFIED BY THE EXECUTIVE COMMITTEE. ANY PERSON WITH A POTENTIAL CONFLICT IS PROHIBITED FROM PARTICIPATING IN ANY DELIBERATIONS OR DECISION IN THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PRODUCING ARTISTIC DIRECTOR OF THE ORGANIZATION IS DETERMINED BY AN EXECUTIVE COMPENSATION COMMITTEE, COMPRISED OF INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS, ACTING WITH THE ASSISTANCE AND ADVICE OF AN EXECUTIVE COMPENSATION CONSULTANT. THE COMPENSATION CONSULTANT USES COMPARATIVE DATA FOR EQUIVALENT POSITIONS IN OTHER ORGANIZATIONS, TAKING INTO ACCOUNT THE RESPONSIBILITIES OF EACH OFFICE AND THE QUALIFICATIONS OF THE PERSON HOLDING IT, TO RENDER A REPORT WITH OPINION AND RECOMMENDATIONS TO THE EXECUTIVE COMPENSATION COMMITTEE. THE DELIBERATIONS OF THE EXECUTIVE COMPENSATION COMMITTEE ARE OBSERVED AND DOCUMENTED BY THE COMPENSATION CONSULTANT. THE COMMITTEE'S DECISIONS ARE REPORTED TO AND RATIFIED BY THE FULL BOARD OF DIRECTORS AND THEREBY DOCUMENTED IN THE MINUTES OF THE BOARD. THIS PROCESS WAS LAST UNDERTAKEN IN 2019, UPON THE EXPIRATION AND RENEWAL OF THE MULTI-YEAR CONTRACT OF THE PRODUCING ARTISTIC DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND POLICIES AVAILABLE UPON WRITTEN OR E-MAIL REQUEST, IN PAPER OR ELECTRONIC FORM. FINANCIAL STATEMENTS AVAILABLE IN PAPER OR ELECTRONIC FORM, AS PART OF STATE CHARITIES REGISTRATION REPORT, BY WRITTEN OR E-MAIL REQUEST TO THE ORGANIZATION OR TO THE STATE CHARITIES REGISTRATION BUREAU. LATEST AUDITED FINANCIAL STATEMENTS ARE ALSO POSTED ONLINE ON THE ORGANIZATION'S OWN WEBSITE (WWW.LCT.ORG). LCT FLYING OVER SUNSET JOINT VENTURE 150 WEST 65TH STREET NEW YORK NY 10023 844740105 THEATRICAL PRODUCTION NY RELATED -3146510 2336407 0 1 0.73500 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 LCT FLYING OVER SUNSET JOINT VENTURE B 147857 AMOUNT OF CASH TRANSFERRED