SHED NYC INC: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- SHED NYC INC (EIN 90-0884353)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-10-19
- IRS object ID
- 202202929349300640
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule G
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-10-19T12:17:40-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 135565207 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 345 PARK AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 101540102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 900884353 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHED NYC INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SHED | BusinessNameControlTxt |
| Phone | 6468766904 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 545 WEST 30TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10001 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PETER GEE | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 6468766904 | PhoneNum |
| Signature | 2022-10-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | PETER | PersonFirstNm |
| Person Last | GEE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | OMO-OSE JOSEPH-ERAMEH | PreparerPersonNm |
| PTIN | P02534927 | PTIN |
| Phone | 2127589700 | PhoneNum |
| Preparation | 2022-10-14 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SHED | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ALEXANDER M POOTS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 545 WEST 30TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $55,109,661 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.THESHED.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2012 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | THE SHED BRINGS TOGETHER ESTABLISHED AND EMERGING ARTISTS TO CREATE NEW WORK. SEE SCHEDULE O. THE SHED BRINGS TOGETHER ESTABLISHED AND EMERGING ARTISTS TO CREATE NEW WORK, ACROSS ALL DISCIPLINES, FOR ALL AUDIENCES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 39 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 36 | VotingMembersIndependentCnt |
| Total Employee | 719 | TotalEmployeeCnt |
| Total Volunteers | 38 | TotalVolunteersCnt |
| Total Gross UBI | $1,732,213 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $100,932,172 | PYContributionsGrantsAmt |
| CY Contributions Grants | $45,684,079 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $136,612 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,082,920 | CYProgramServiceRevenueAmt |
| PY Investment Income | $24,369 | PYInvestmentIncomeAmt |
| CY Investment Income | $97,274 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,177,629 | PYOtherRevenueAmt |
| CY Other Revenue | $1,525,731 | CYOtherRevenueAmt |
| PY Total Revenue | $102,270,782 | PYTotalRevenueAmt |
| CY Total Revenue | $48,390,004 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $14,371,067 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $11,438,243 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $275,659 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $235,623 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $5,147,002 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $32,131,077 | PYOtherExpensesAmt |
| CY Other Expenses | $26,815,844 | CYOtherExpensesAmt |
| PY Total Expenses | $46,777,803 | PYTotalExpensesAmt |
| CY Total Expenses | $38,489,710 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $55,492,979 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $9,900,294 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $621,442,218 | TotalAssetsBOYAmt |
| Total Assets EOY | $605,118,283 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $169,756,955 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $143,126,973 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $451,685,263 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $461,991,310 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| 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. CONTINUED ON SCHEDULE O.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 TOCOLLABORATE WITH CULTURAL PEERS AND COMMUNITY ORGANIZATIONS, WORK WITH LIKE-MINDED PARTNERS, AND PROVIDE UNIQUE SPACES FOR PRIVATE EVENTS. 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 YORKCITY, AND BEYOND. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $12,926,816 | ExpenseAmt |
| Revenue | $1,020,437 | RevenueAmt |
| Desc | VISUAL ARTS PROGRAMMINGVISUAL ARTS PROGRAMMING CONSISTS OF A SERIES OF EXHIBITIONS FEATURING WORKS FROM A RANGE OF BOTH ESTABLISHED AND EARLY-CAREER ARTISTS. CONTINUED ON SCHEDULE O. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $8,531,833 | ExpenseAmt |
| Revenue | $62,483 | RevenueAmt |
| Desc | LIVE PERFORMANCE PROGRAMMINGLIVE PERFORMANCE PROGRAMMING IS AN ANNUAL SERIES OF WORKS BY ESTABLISHED AND EMERGING ARTISTS ACROSS PERFORMING ARTS DISCIPLINES. DIVERSITY OF GENRE AND AUDIENCE EXPERIENCE GUIDES THE SHED'S ARTISTIC CHOICES, AS DOES ARTISTS' APPETITES FOR EXPERIMENTATION. CONTINUED ON SCHEDULE O. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,882,064 | ExpenseAmt |
| Revenue | $0 | RevenueAmt |
| Desc | CIVIC PROGRAMSBY CREATING SOCIALLY-ENGAGED WORK IN PARTNERSHIP WITH LOCAL COMMUNITIES, THE SHED'S CIVIC PROGRAMS DEVELOP NEW AVENUES TO ENGAGEMENT FOR ARTISTS AND AUDIENCES WHO HAVE NOT HISTORICALLY BEEN WELL SERVED BY LARGE MANHATTAN-BASED CULTURAL ORGANIZATIONS. CONTINUED ON SCHEDULE O. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $26,340,713 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (1) | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (1) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 173 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 719 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 39 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 36 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PETER GEE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6468766904 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 545 WEST 30TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10001 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (55 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| ALEXANDER POOTS | ||||||||
| ARTISTIC DIRECTOR & CEO | 40.00 | 0.00 | Yes (X) | Yes (X) | $663,416 | $0 | $23,289 | |
| DANIEL L DOCTOROFF | ||||||||
| CHAIR | 15.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JONATHAN M TISCH | ||||||||
| VICE CHAIR | 0.50 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| HON ADRIENNE E ADAMS | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DEBBIE AUGUST | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| HEATHER BAKER | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| PETER A BOYCE II | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| NEERAJ CHANDRA | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MISTY COPELAND | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| HON LAURIE CUMBO | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERTA DENNING | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ANDRES SANTO DOMINGO | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID C DRUMMOND | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| LEW FRANKFORT | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DEXTER G GOEI | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT GOLDSTEIN | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| GLENDA G GRACE | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARIA CATALINA SAIEH GUZMAN | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MIMI HAAS | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| GARY HOBERMAN | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| TODD KAHN | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MONISH KUMAR | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| HON MARK LEVINE | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KATE D LEVIN | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTINA WEISS LURIE | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| FRANK H MCCOURT JR | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARIGAY MCKEE | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DARLA MOORE | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| COLBY MUGRABI | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CLAUDIA RANKINE | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ANN SARNOFF | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DEAN SHAPIRO | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| HARVEY J SPEVAK | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| HON MARIA TORRES-SPRINGER | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JED WALENTAS | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| FRED WILSON | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DEBORAH WINSHEL | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KENNETH P WONG | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DASHA ZHUKOVA | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARYANN JORDAN | ||||||||
| PRESIDENT AND COO | 40.00 | 0.00 | Yes (X) | $352,106 | $0 | $18,523 | ||
| ABDUL YOUNIS | ||||||||
| CHIEF EXECUTIVE PRODUCER | 40.00 | 0.00 | Yes (X) | $275,930 | $0 | $12,283 | ||
| PETER GEE | ||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | 0.00 | Yes (X) | $238,235 | $0 | $35,589 | ||
| EZRA WIESNER | ||||||||
| CHIEF TECHNOLOGY OFFICER | 40.00 | 0.00 | Yes (X) | $196,881 | $0 | $47,351 | ||
| JEFFREY LEVINE | ||||||||
| CHIEF MARKETING & COMM OFFICER | 40.00 | 0.00 | Yes (X) | $182,173 | $0 | $46,166 | ||
| GILBERT PEREZ | ||||||||
| CHIEF VISITOR EXPERIENCE OFFICER | 40.00 | 0.00 | Yes (X) | $183,365 | $0 | $17,237 | ||
| TAMARA MCCAW | ||||||||
| CHIEF CIVIC PROGRAM OFFICER | 40.00 | 0.00 | Yes (X) | $177,246 | $0 | $14,116 | ||
| ROBERT MOHLER | ||||||||
| CHIEF DEVELOPMENT OFFICER (BEG 5/21) | 40.00 | 0.00 | Yes (X) | $175,789 | $0 | $1,072 | ||
| MEGHEDIA KHODAVERDIAN | ||||||||
| CHIEF BUS DEVELOP OFFICER (BEG 7/21) | 40.00 | 0.00 | Yes (X) | $157,525 | $0 | $6,875 | ||
| EMMA ENDERBY | ||||||||
| CHIEF CURATOR | 40.00 | 0.00 | Yes (X) | $123,210 | $0 | $11,629 | ||
| MARGARET HUNT | ||||||||
| CHIEF DEVELOPMENT OFFICER (END 5/21) | 40.00 | 0.00 | Yes (X) | $109,848 | $0 | $14,940 | ||
| JOSEPH WITTMANN | ||||||||
| DIRECTOR OF FACILITIES | 40.00 | 0.00 | $192,724 | $0 | $43,900 | Yes (X) | ||
| ROBERT CAROTENUTO | ||||||||
| DIRECTOR OF SECURITY | 40.00 | 0.00 | $148,532 | $0 | $17,663 | Yes (X) | ||
| JOSH PHAGOO | ||||||||
| OPERATING ENGINEER | 40.00 | 0.00 | $137,375 | $0 | $3,838 | Yes (X) | ||
| LAURA ASWAD | ||||||||
| PRODUCER | 40.00 | 0.00 | $136,367 | $0 | $829 | Yes (X) | ||
| JESSE HAMERMAN | ||||||||
| DIRECTOR OF EXHIBITIONS | 40.00 | 0.00 | $130,000 | $0 | $9,321 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,580,722 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $324,621 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 26 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| UNIVERSAL PROTECTION SERVICE | |||||
| PO BOX 828854 | PHILADELPHIA | PA | 19182 | SECURITY STAFFING | $536,171 |
| SASHA GROUP LLC | |||||
| 10 HUDSON YARDS FL 25 | NEW YORK | NY | 10001 | MARKETING | $380,978 |
| ERY SOUTH RESIDENTIAL TOWER LLC | |||||
| 30 HUDSON YARDS | NEW YORK | NY | 10001 | CONSTRUCTION | $377,327 |
| CABLEVISION LIGHTPATH LLC | |||||
| PO BOX 360111 | PHILADELPHIA | PA | 152516111 | TELEPHONE SERVICES | $161,347 |
| GLADSTONE GALLERY LLC | |||||
| 515 W 24TH ST | NEW YORK | NY | 10011 | PROGRAMMING | $150,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 10 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $162,049 | MembershipDuesAmt |
| Fundraising | $3,963,557 | FundraisingAmt |
| Government Grants | $12,077,477 | GovernmentGrantsAmt |
| All Other Contributions | $29,480,996 | AllOtherContributionsAmt |
| Noncash Contributions | $5,045,699 | NoncashContributionsAmt |
| Total Contributions | $45,684,079 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| BOX OFFICE TICKET REV | 711190 | $570,853 | $570,853 |
| CO-COMMISSION REVENUE | 711190 | $410,000 | $410,000 |
| UNFINISHED LIVE 2021 | 711190 | $102,067 | $102,067 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,082,920 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $335 | TotalRevenueColumnAmt |
| Exclusion | $335 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,762,563 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,030,350 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,732,213 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,732,213 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $1,732,213 | UnrelatedBusinessRevenueAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,142,638 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,045,699 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $96,939 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $96,939 | TotalRevenueColumnAmt |
| Exclusion | $96,939 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $115,140 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $3,963,557 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $565,250 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$450,110 | TotalRevenueColumnAmt |
| Exclusion | -$450,110 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $84,557 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $78,358 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,199 | TotalRevenueColumnAmt |
| Exclusion | $6,199 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| FOOD & BEVERAGE | 722511 | $162,131 | $162,131 |
| CLEANING DEPOSITS | 900099 | $50,000 | $50,000 |
| STATE TAX REFUND | 900099 | $12,957 | $12,957 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,341 | TotalRevenueColumnAmt |
| Exclusion | $12,341 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $237,429 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $48,390,004 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,082,920 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $1,732,213 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$109,208 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,084,796 | TotalAmt |
| Program Services | $1,732,717 | ProgramServicesAmt |
| Management And General | $483,135 | ManagementAndGeneralAmt |
| Fundraising | $868,944 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,549,744 | TotalAmt |
| Program Services | $3,801,787 | ProgramServicesAmt |
| Management And General | $1,518,889 | ManagementAndGeneralAmt |
| Fundraising | $229,068 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,948,835 | TotalAmt |
| Program Services | $1,362,005 | ProgramServicesAmt |
| Management And General | $496,491 | ManagementAndGeneralAmt |
| Fundraising | $90,339 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $854,868 | TotalAmt |
| Program Services | $521,530 | ProgramServicesAmt |
| Management And General | $246,871 | ManagementAndGeneralAmt |
| Fundraising | $86,467 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $158,502 | TotalAmt |
| Program Services | $36,226 | ProgramServicesAmt |
| Management And General | $122,276 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95,320 | TotalAmt |
| Management And General | $95,320 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $235,623 | TotalAmt |
| Fundraising | $235,623 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $252,467 | TotalAmt |
| Program Services | $50,175 | ProgramServicesAmt |
| Management And General | $202,292 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $692,055 | TotalAmt |
| Program Services | $676,333 | ProgramServicesAmt |
| Fundraising | $15,722 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $359,581 | TotalAmt |
| Program Services | $214,324 | ProgramServicesAmt |
| Management And General | $122,772 | ManagementAndGeneralAmt |
| Fundraising | $22,485 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,135,655 | TotalAmt |
| Program Services | $779,232 | ProgramServicesAmt |
| Management And General | $179,340 | ManagementAndGeneralAmt |
| Fundraising | $177,083 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,309,538 | TotalAmt |
| Program Services | $2,135,649 | ProgramServicesAmt |
| Management And General | $689,222 | ManagementAndGeneralAmt |
| Fundraising | $484,667 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $83,207 | TotalAmt |
| Program Services | $53,572 | ProgramServicesAmt |
| Management And General | $28,277 | ManagementAndGeneralAmt |
| Fundraising | $1,358 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,859,966 | TotalAmt |
| Program Services | $1,962,373 | ProgramServicesAmt |
| Management And General | $451,639 | ManagementAndGeneralAmt |
| Fundraising | $445,954 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,825,422 | TotalAmt |
| Program Services | $9,486,347 | ProgramServicesAmt |
| Management And General | $2,183,278 | ManagementAndGeneralAmt |
| Fundraising | $2,155,797 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,060,645 | TotalAmt |
| Program Services | $727,764 | ProgramServicesAmt |
| Management And General | $167,495 | ManagementAndGeneralAmt |
| Fundraising | $165,386 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PRODUCTION EXPENSE | $1,982,440 | $1,937,856 | $4,138 | $40,446 |
| ARTIST & PERFORMING FEE | $852,685 | $851,685 | $1,000 | |
| DEVELOP. & SPEC. EVENTS | $144,432 | $9,513 | $9,206 | $125,713 |
| PROF. DEVELOPMENT | $3,929 | $1,625 | $1,354 | $950 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,489,710 | TotalAmt |
| Program Services | $26,340,713 | ProgramServicesAmt |
| Management And General | $7,001,995 | ManagementAndGeneralAmt |
| Fundraising | $5,147,002 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,329,933 | BOYAmt |
| EOY | $15,230,568 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,636,023 | BOYAmt |
| EOY | $55,369,702 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,750 | BOYAmt |
| EOY | $15,750 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $78,806 | BOYAmt |
| EOY | $89,886 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $523,050 | BOYAmt |
| EOY | $577,554 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $569,119,963 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $36,465,159 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $533,636,079 | BOYAmt |
| EOY | $532,654,804 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $222,577 | BOYAmt |
| EOY | $1,180,019 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $621,442,218 | BOYAmt |
| EOY | $605,118,283 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,452,348 | BOYAmt |
| EOY | $4,182,354 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $300,000 | BOYAmt |
| EOY | $882,975 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,600,000 | BOYAmt |
| EOY | $54,500,000 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $75,445,334 | BOYAmt |
| EOY | $53,774,738 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,000,000 | BOYAmt |
| EOY | $25,000,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,959,273 | BOYAmt |
| EOY | $4,786,906 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $169,756,955 | BOYAmt |
| EOY | $143,126,973 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $444,685,763 | BOYAmt |
| EOY | $459,459,704 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,999,500 | BOYAmt |
| EOY | $2,531,606 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $451,685,263 | BOYAmt |
| EOY | $461,991,310 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $621,442,218 | BOYAmt |
| EOY | $605,118,283 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $9,900,294 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $405,753 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $87,889,064 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $74,188,371 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $90,569,567 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $100,932,172 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $45,684,079 | CurrentTaxYearAmt |
| Total | $399,263,253 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $87,889,064 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $74,188,371 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $90,569,567 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $100,932,172 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $45,684,079 | CurrentTaxYearAmt |
| Total | $399,263,253 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $146,416,154 | SubstantialContributorsTotAmt |
| Public Support Total170 | $252,847,099 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $1,042 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,795,066 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,121,224 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,762,898 | CurrentTaxYearAmt |
| Total | $10,680,230 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $1,058,684 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $163,547 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $237,429 | CurrentTaxYearAmt |
| Total | $1,459,660 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $411,403,143 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $8,483,842 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.61460 | PublicSupportCY170Pct |
| Public Support PY170 | 0.60160 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | FOOD AND BEVERAGE - 2019 AMOUNT: $ 1,018,022. 2020 AMOUNT: $ 71,684. 2021 AMOUNT: $ 162,131. 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. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $553,006,751 | OtherCostOrOtherBasisAmt |
| Depreciation | $28,697,942 | DepreciationAmt |
| Book Value | $524,308,809 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,740,463 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,698,435 | DepreciationAmt |
| Book Value | $6,042,028 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,372,749 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,068,782 | DepreciationAmt |
| Book Value | $2,303,967 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $532,654,804 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| RETAINAGE PAYABLE | $2,757,810 |
| OTHER LIABILITIES | $29,096 |
| PAYROLL PROTECTION PROGRAM LOAN PAYABLE | $2,000,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $4,786,906 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $49,895,494 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $69,387 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $405,753 | OtherRevenueAmt |
| Revenue Not Reported | $475,140 | RevenueNotReportedAmt |
| Revenue Subtotal | $49,420,354 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$1,030,350 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$1,030,350 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $48,390,004 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $39,589,447 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $69,387 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $1,030,350 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,099,737 | ExpensesNotReportedAmt |
| Expenses Subtotal | $38,489,710 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $38,489,710 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 YEAR ENDED DECEMBER 31, 2021, 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: | CHANGE IN FAIR VALUE OF INTEREST RATE SWAP 405,753. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | DIRECT RENTAL EXPENSES -1,030,350. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | DIRECT RENTAL EXPENSES 1,030,350. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | EUROPE (INCLUDING ICELAND & GREENLAND) | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 3 | EmployeeCnt |
| Type Of Activities Conducted | PROGRAM SERVICES | TypeOfActivitiesConductedTxt |
| Specific Services Provided | PROGRAM ADVISORY | SpecificServicesProvidedTxt |
| Region Total Expenditures | $768,000 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 3 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 3 | TotalEmployeeCnt |
| Subtotal Spent | $768,000 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $768,000 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III ACCOUNTING METHOD: | FormAndLineReferenceDesc |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Gross ReceiptsGrossReceiptsAmt | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt |
|---|---|---|---|---|---|---|---|---|
| WALNUT HILL MEDIA LLC | ||||||||
| 667 MADISON AVE | NEW YORK | NY | 10065 | FUNDRAISING COUNSEL | 0 | $0 | $138,600 | -$138,600 |
| PENNINGTON GRAY LLC | ||||||||
| 7 WINSTON FARM LANE | FAR HILLS | NJ | 07931 | FUNDRAISING COUNSEL | 0 | $0 | $104,174 | -$104,174 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $242,774 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$242,774 | TotalNetToOrganizationAmt |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GALA | Event1Nm |
| Gross Receipts Event1 | $4,078,697 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $3,963,557 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $115,140 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $138,305 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $103,730 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $64,937 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $258,278 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $4,078,697 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $3,963,557 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $115,140 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $138,305 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $103,730 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $64,937 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $258,278 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $565,250 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$450,110 | NetIncomeSummaryAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE G, PART I, LINE 2B | FormAndLineReferenceDesc |
| Explanation | PROFESSIONAL FUNDRAISERS NAME OF FUNDRAISER: WALNUT HILL MEDIA, LLC AMOUNT PAID TO (OR RETAINED BY) FUNDRAISER: $12,600 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. NAME OF FUNDRAISER: PENNINGTON GRAY, LLC AMOUNT PAID TO (OR RETAINED BY) FUNDRAISER: $4,250 PER MONTH FLAT FEE. ARRANGEMENT PLUS ELIGIBLE EXPENSE REIMBURSEMENTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | 0 | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ALEXANDER POOTS | ||||||||||||||
| ARTISTIC DIRECTOR & CEO | $519,416 | $0 | $0 | $0 | $144,000 | $0 | $0 | $0 | $23,289 | $0 | $686,705 | $0 | $0 | $0 |
| MARYANN JORDAN | ||||||||||||||
| PRESIDENT AND COO | $292,106 | $0 | $0 | $0 | $60,000 | $0 | $0 | $0 | $18,523 | $0 | $370,629 | $0 | $0 | $0 |
| ABDUL YOUNIS | ||||||||||||||
| CHIEF EXECUTIVE PRODUCER | $208,623 | $0 | $0 | $0 | $67,307 | $0 | $0 | $0 | $12,283 | $0 | $288,213 | $0 | $0 | $0 |
| PETER GEE | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $238,235 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $35,589 | $0 | $273,824 | $0 | $0 | $0 |
| EZRA WIESNER | ||||||||||||||
| CHIEF TECHNOLOGY OFFICER | $196,881 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $47,351 | $0 | $244,232 | $0 | $0 | $0 |
| JOSEPH WITTMANN | ||||||||||||||
| DIRECTOR OF FACILITIES | $192,724 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $43,900 | $0 | $236,624 | $0 | $0 | $0 |
| JEFFREY LEVINE | ||||||||||||||
| CHIEF MARKETING & COMM OFFICER | $182,173 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $46,166 | $0 | $228,339 | $0 | $0 | $0 |
| GILBERT PEREZ | ||||||||||||||
| CHIEF VISITOR EXPERIENCE OFFICER | $183,365 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $17,237 | $0 | $200,602 | $0 | $0 | $0 |
| TAMARA MCCAW | ||||||||||||||
| CHIEF CIVIC PROGRAM OFFICER | $177,246 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14,116 | $0 | $191,362 | $0 | $0 | $0 |
| ROBERT MOHLER | ||||||||||||||
| CHIEF DEVELOPMENT OFFICER (BEG 5/21) | $175,789 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1,072 | $0 | $176,861 | $0 | $0 | $0 |
| ROBERT CAROTENUTO | ||||||||||||||
| DIRECTOR OF SECURITY | $148,532 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $17,663 | $0 | $166,195 | $0 | $0 | $0 |
| MEGHEDIA KHODAVERDIAN | ||||||||||||||
| CHIEF BUS DEVELOP OFFICER (BEG 7/21) | $157,525 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6,875 | $0 | $164,400 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | SCHEDULE J, PART I, LINES 1A AND 1B HOUSING ALLOWANCE IN 2021, THE SHED PROVIDED A HOUSING ALLOWANCE TO THE CHIEF EXECUTIVE OFFICER, PRESIDENT & CHIEF OPERATING OFFICER AND CHIEF EXECUTIVE 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). | ExplanationTxt |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (4 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan To OrganizationLoanToOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd | Loan From OrganizationLoanFromOrganizationInd |
|---|---|---|---|---|---|---|---|---|
| STEPHEN M ROSS | ||||||||
| EX-DIRECTOR | CONSTRUCTION LOAN | Yes (X) | $45,000,000 | $45,000,000 | 0 | Yes (1) | Yes (1) | |
| DAN DOCTOROFF | ||||||||
| DIRECTOR | WORKING OPERATING CAPITAL LOAN | Yes (X) | $9,500,000 | $9,500,000 | 0 | Yes (1) | Yes (1) | |
| ABDUL YOUNIS | ||||||||
| CHIEF EXECUTIVE PRODUCER | REFUNDABLE SECURITY DEPOSIT | $6,000 | $6,000 | 0 | Yes (1) | Yes (1) | Yes (X) | |
| MARYANN JORDAN | ||||||||
| DIRECTOR | REFUNDABLE SECURITY DEPOSIT | $9,750 | $9,750 | 0 | Yes (1) | Yes (1) | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $54,515,750 | TotalBalanceDueAmt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNFINISHED LIVE LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | 35% CONTROLLED ENTITY OF FRANK MCCOURT | RelationshipDescriptionTxt |
| Transaction | $102,067 | TransactionAmt |
| Transaction | PROGRAM COLLABORATION | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE L, PART II, LOANS TO AND FROM INTERESTED PERSONS: | FormAndLineReferenceDesc |
| Explanation | NAME OF PERSON: DANIEL DOCTOROFFRELATIONSHIP WITH ORGANIZATION: DIRECTORPURPOSE OF LOAN: WORKING OPERATING CAPITAL LOANNAME OF PERSON: MARYANN JORDANRELATIONSHIP WITH ORGANIZATION: PRESIDENT AND CHIEF OPERATING OFFICERPURPOSE OF LOAN: REFUNDABLE SECURITY DEPOSITNAME 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 | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $5,045,699 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | GIFT VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE M, PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE AMOUNTS IN COLUMN B REPRESENT THE NUMBER OF SEPARATE CONTRIBUTORS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 4B (CONTINUED) | LIVE PERFORMANCE PROGRAMMING *AN AUDIENCE WITH (APR 2-23, 2021, THE MCCOURT): AFTER A YEAR SPENT WITHOUT INDOOR PERFORMANCES, THE SHED WELCOMED BACK OUR AUDIENCES TO ENJOY A FIVE-PERFORMANCE SERIES FEATURING SINGER AND CELLIST KELSEY LU IN THIS IS A TEST ON APRIL 2; CONDUCTOR ESA-PEKKA SALONEN AND THE MUSICIANS OF THE NEW YORK PHILHARMONIC ON APRIL 14 AND 15; SOPRANO RENE FLEMING, BILL FRISELL, CHRISTIAN MCBRIDE, AND DAN TEPFER ON APRIL 21; COMEDIAN MICHELLE WOLF WITH SPECIAL GUESTS JARED FREID AND DJ CIPHA SOUNDS ON APRIL 22; AND COMEDIAN ZAINAB JOHNSON WITH ATHEER YACOUB ON APRIL 23. *THE SEARCH FOR SIGNS OF INTELLIGENT LIFE IN THE UNIVERSE (DEC 21, 2021 - FEB 6, 2022, THE GRIFFIN THEATER): THIS PLAY BY WRITER/DIRECTOR JANE WAGNER IS A ONE-WOMAN SHOW THAT EXAMINES AMERICAN SOCIETY, ART, HUMAN CONNECTIVITY AND THE FEMINIST MOVEMENT. REVISITED IN A NEW 90-MINUTE PRODUCTION, THIS COMEDIC AND QUICK-WITTED PLAY STARS CECILY STRONG (SATURDAY NIGHT LIVE, SCHMIGADOON!) IN HER NEW YORK THEATRICAL DEBUT AND IS DIRECTED BY TONY-NOMINATED LEIGH SILVERMAN (THE LIFESPAN OF A FACT, VIOLET). |
| FORM 990, PART III, LINE 4A (CONTINUED) | VISUAL ARTS PROGRAMMING *HOWARDENA PINDELL: ROPE/FIRE/WATER (OCT 16, 2020 - MAR 28, 2021): THIS SOLO EXHIBITION COMMISSIONED BY THE SHED WAS HOWARDENA PINDELL'S FIRST VIDEO IN TWENTY-FIVE YEARS AND A PROJECT UNREALIZED BY THE ARTIST SINCE THE 1970S. IT ALSO INCLUDED A PAIR OF LARGE-SCALE PAINTINGS RELATED TO GLOBAL ATROCITIES OF IMPERIALISM AND WHITE SUPREMACY, AS WELL AS SEVERAL OF HER SIGNATURE METICULOUSLY PRODUCED, LARGE-SCALE ABSTRACT PAINTINGS. *THE LOOKING GLASS (JUL 3, 2021 - AUG 29, 2021): PRESENTED IN PARTNERSHIP WITH ACUTE ART AND THE HIGH LINE, THE LOOKING GLASS WAS A FREE, OUTDOOR EXHIBITION OF AUGMENTED REALITY (AR) ARTWORKS VIEWABLE ON THE SHED'S PUBLIC PLAZA. NEW COMMISSIONS BY ARTISTS JULIE CURTISS, KAWS, AND PRECIOUS OKOYOMON WERE VIEWABLE AT ANY HOUR OF THE DAY, ALONGSIDE WORKS MAKING THEIR US DEBUT BY CAO FEI, OLAFUR ELIASSON, TOMS SARACENO, NINA CHANEL ABNEY, KOO JEONG A, BJARNE MELGAARD, DARREN BADER, AND ALICJA KWADE. *DRIFT: FRAGILE FUTURE ( SEP 29, 2021 - DEC 19, 2021): THIS INSTALLATION WAS SOUNDTRACKED BY ARTIST ANOHNI AND CREATED BY DRIFT. WHILE ACTIVATING THE SENSES WITH SOUND, MOVEMENT, AND FILM, THE INSTALLATION CALLED AUDIENCES TO IMAGINE POSITIVE, ALTERNATIVE SOLUTIONS TO THE PROBLEMS OUR PLANET FACES AND INSPIRE EMPATHY TOWARDS NONLIVING OBJECTS. PRESENTED IN COLLABORATION WITH SUPERBLUE, THE INSTALLATION COULD BE EXPERIENCED AS EITHER A GALLERY EXHIBITION OR A SURREAL, IMMERSIVE EXPERIENCE IN THE 17,000-SQUARE-FOOT MCCOURT SPACE. *PROJECT LIBERTY EXPERIENCE FEATURING REFIK ANADOL (SEP 23 - 25, 2021): DONE IN COLLABORATION WITH THE ARTIST REFIK ANADOL, THE PROJECT LIBERTY EXPERIENCE INVITES VIEWERS TO EXAMINE THEIR RELATIONSHIP TO THEIR DATA - WHO OWNS IT, WHO PROFITS, AND WHAT THE WORLD MIGHT LOOK LIKE IF EVERYONE OWNED AND CONTROLLED THEIR OWN DATA. THIS INSTALLATION WAS FREE AND OPEN TO THE PUBLIC, PRESENTED AS PART OF UNFINISHED LIVE AT THE SHED. *IAN CHENG: LIFE AFTER BOB (SEP 10, 2021 - DEC 19 2021): THIS INSTALLATION WAS CO-COMMISSIONED BY THE SHED, LUMA FOUNDATION, AND LIGHT ART SPACE (BERLIN). IAN CHENG'S LIFE AFTER BOB WAS AN EPISODIC ANIME SERIES THAT IMAGINED A FUTURE IN WHICH OUR MINDS ARE CO-INHABITED BY AI ENTITIES. WORKING WITH AN EXPANSIVE PRODUCTION TEAM, CHENG DEVELOPED THIS 48-MINUTE NARRATIVE ANIMATION USING TRADITIONAL ANIMATION STORYTELLING TECHNIQUES ALONGSIDE UNITY AND ITS SUITE OF REAL-TIME CINEMATIC TOOLS. THROUGH THIS INNOVATIVE APPROACH, LIFE AFTER BOB INCORPORATED REAL-TIME CHANGES UNIQUE TO EACH VIEWING. |
| FORM 990, PART III, LINE 4C (CONTINUED) | CIVIC PROGRAMS *UP CLOSE (ONGOING SINCE APRIL 19, 2020): FIRST CONCEIVED AS A RESPONSE TO THE PANDEMIC SHUTDOWN IN MARCH 2020, UP CLOSE IS A DIGITAL SERIES THAT INVITES PRIMARILY EMERGING ARTISTS AND CREATIVE THINKERS TO CONTRIBUTE NEW ARTWORKS AND DISCUSSIONS EXPLORING WHAT IT MEANS TO THINK ABOUT THE WORLD AND MAKE ART RIGHT NOW. IN 2021, THE SHED COMMISSIONED WORKS BY SALOME ASEGA AND KEENAN MACWILLIAM (HEY, MARY!), MADELINE HOLLANDER (52 FINAL BOWS), AND JULIA SOLOMONOFF (HAND). *OPEN CALL (JUNE 4, 2021 - AUGUST 1, 2021): LAUNCHED AS PART OF THE SHED'S INAUGURAL YEAR PROGRAM, OPEN CALL IS A LARGE-SCALE COMMISSIONING PROGRAM FOR EARLY-CAREER NYC-BASED ARTISTS. FOR ITS SECOND ITERATION, 27 ARTISTS OUT OF 1,500 PROPOSALS WERE SELECTED BY INTERDISCIPLINARY LEADERS AND PROFESSIONALS IN THEIR FIELDS, INCLUDING OTHER ARTISTS AND MEMBERS OF THE SHED'S STAFF, TO PRESENT WORK IN AN EXHIBITION AND PERFORMANCE SERIES IN THE SUMMERS OF 2021 AND 2022. |
| 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 & CEO AND THE PRESIDENT & COO ARE REVIEWED AND DETERMINED ANNUALLY BY THE SHED'S INDEPENDENT BOARD OF DIRECTORS. THE MOST RECENT REVIEW FOR THE ARTISTIC DIRECTOR AND CEO OCCURED IN MARCH 2022. COMPENSATION FOR OTHER SENIOR MANAGEMENT POSITIONS BELOW THE EXECUTIVE LEVEL ARE REVIEWED AND DETERMINED BY THE CEO AND PRESIDENT. 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: | CHANGE IN FAIR VALUE OF INTEREST RATE SWAP 405,753. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CULTURE SHED LESSEE LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 545 WEST 30TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 900884353 | EIN |
| Primary Activities | LEASING ORG | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHED NYC INC | BusinessNameLine1Txt |