2021-01-27T12:28:33-06:00 2019-06-30 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA NEW YORK NY 10004 990 2018-07-01 132590805 THE STUDIO MUSEUM IN HARLEM STUD 2128644500 144 WEST 125TH STREET NEW YORK NY 10027 RODNEY M MILLER SR TREASURER 2128644500 2021-01-19 1 JAMES J REILLY P00183769 2126617777 2018 2022-09-23 18:48:47Z X RODNEY M MILLER SR 144 WEST 125TH STREET NEW YORK NY 10027 24562948 0 X WWW.STUDIOMUSEUM.ORG X 1966 NY THE STUDIO MUSEUM IN HARLEM IS THE NEXUS FOR ARTISTS OF AFRICAN DESCENT LOCALLY, NATIONALLY AND INTERNATIONALLY AND FOR WORK THAT HAS BEEN INSPIRED AND INFLUENCED BY BLACK CULTURE. 22 22 151 22 0 0 59783251 17814728 47868 2600 189498 357927 1709717 -273760 61730334 17901495 124800 88846 0 0 5015374 5220770 0 0 4445946 4033658 4926213 9173832 10235829 52556502 7665666 103832196 112058746 1423595 1523994 102408601 110534752 X SEE SCHEDULE O 0 0 1324881 88846 CURATORIAL (SEE SCHEDULE O) 2295707 2600 EDUCATION & PUBLIC PROGRAMS (SEE SCHEDULE O) 1736908 EXHIBITIONS (SEE SCHEDULE O) 5357496 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 130 0 1 151 1 0 0 0 0 0 1 1 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X X SHEILA MCDANIEL THE MUSEUM 2128644500 144 WEST 125TH STREET NEW YORK NY 10027 RAYMOND J MCGUIRE CHAIRMAN 3.00 X X 0 0 0 CAROL SUTTON LEWIS VICE CHAIR 3.00 X X 0 0 0 JACQUELINE L BRADLEY SECRETARY 3.00 X X 0 0 0 RODNEY M MILLER SR TREASURER 3.00 X X 0 0 0 NANCY L LANE TRUSTEE 3.00 X 0 0 0 HOLLY PETERSON TRUSTEE 3.00 X 0 0 0 DR ANITA BLANCHARD TRUSTEE 3.00 X 0 0 0 BERNARD I LUMPKIN TRUSTEE 3.00 X 0 0 0 LISE WILKS TRUSTEE 3.00 X 0 0 0 JOAN S DAVIDSON TRUSTEE 3.00 X 0 0 0 GORDON J DAVIS ESQ TRUSTEE 3.00 X 0 0 0 DAMIEN R DWIN TRUSTEE 3.00 X 0 0 0 ANN G TENENBAUM TRUSTEE 3.00 X 0 0 0 DR AMELIA OGUNLESI TRUSTEE 3.00 X 0 0 0 KATHRYN C CHENAULT TRUSTEE 3.00 X 0 0 0 DR MICHAEL L LOMAX TRUSTEE 3.00 X 0 0 0 GEORGE L KNOX TRUSTEE 3.00 X 0 0 0 ARTHUR J HUMPHREY JR TRUSTEE 3.00 X 0 0 0 SANDRA GRYMES TRUSTEE 3.00 X 0 0 0 DR HENRY LOUIS GATES JR TRUSTEE 3.00 X 0 0 0 LAURA DAY BAKER TRUSTEE 3.00 X 0 0 0 REGINALD VAN LEE TRUSTEE 3.00 X 0 0 0 THELMA A GOLDEN DIRECTOR/CHIEF CURATOR 35.00 X 221168 0 44926 SHEILA MCDANIEL DEPUTY DIR & ADMIN./CFO 35.00 X 155762 0 35814 HALLIE HOBSON DIRECTOR OF INSTITUTIONAL 35.00 X 174945 0 36221 551875 0 116961 3 0 1 0 SCIAME COUNSTRUCTION INC 14 WASLL STREET 2ND FLOOR NEW YORK NY 10005 CONSTRUCTION 2761330 PROPERTY MANAGEMENT LLC 770 LEXINGTON AVENUE NEW YORK NY 10065 LEASED SPACE 539745 ZUBATKIN OWNER REPRESENTATION LLC 333 WEST 52ND STREET 6TH FL NEW YORK NY 10019 PROJECT CONSULTANT 506463 COOPER ROBERTSON 123 WILLIAM STREET NEW YORK NY 10038 ARCHITECT 391562 VENABLE LLP PO BOX 62727 BALTIMORE MD 212642727 ATTORNEY 286203 13 89984 1314274 843675 15566795 269151 17814728 PUBLIC PROGRAM FEE 900099 2600 2600 2600 452008 452008 5299566 5393647 -94081 -94081 -94081 2585629 1314274 1265950 1319679 1319679 44403 1856 42547 42547 OTHER INCOME 900099 43596 43596 LOSS ON DIS. OF ASSETS 900099 -1679582 -1679582 -1635986 17901495 46196 0 40571 88846 88846 457670 237507 10812 209351 3650045 1894372 86236 1669437 361172 187345 8528 165299 435147 225717 10275 199155 316736 164295 7479 144962 71350 26908 6265 38177 51177 19300 4494 27383 76084 76084 483826 124997 29165 329664 57009 20316 2488 34205 1025390 402413 42433 580544 63012 26503 2213 34296 1035793 483471 12756 539566 219799 97927 9289 112583 43172 19696 3274 20202 2682 2682 95621 36774 18345 40502 77918 38709 7287 31922 ART COSTS AND STIPENDS 975500 975500 OTHER FEES 261813 177541 18711 65561 TEMPORARY EMPLOYMENT AG 178528 29983 8840 139705 BAD DEBT EXPENSE 60068 60068 147471 76694 7345 63432 10235829 5357496 432387 4445946 34825144 35882776 7876108 691885 35670524 28486027 6019 6702733 77883 77883 435935 266579 22205040 1087623 16226256 21117417 8720346 18425889 0 401538 103832196 112058746 1423595 2773423 -1249429 1423595 1523994 X 15777503 21490523 66307881 68572227 20323217 20472002 102408601 110534752 103832196 112058746 7665666 460485 0 X 0 0 0 X 4757133 16245379 28640744 59115731 17814728 126573715 4757133 16245379 28640744 59115731 17814728 126573715 35804803 90768912 663027 687453 700438 301604 452008 2804530 38433 87535 33123 47822 43596 250509 129628754 338789 0.70020 0.70740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 86631098 12863564 742328 11192761 89044229 39283905 55984198 277913 8914918 86631098 19771405 25157876 439523 5844899 240000 39283905 10862475 13666425 59467 4666962 150000 19771405 11761423 2001478 15486 2715912 200000 10862475 0.77010 0.22990 0 0 227056 26794 200262 1257510 1060829 196681 20720474 20720474 21117417 PART III, LINE 1A: THE MUSEUM'S COLLECTIONS ARE MADE UP OF ARTIFACTS OF HISTORICAL SIGNIFICANCE AND ART OBJECTS THAT ARE HELD FOR EDUCATIONAL, EXHIBIT, AND CURATORIAL PURPOSES. PROCEEDS FROM THE SALES OF THE COLLECTION ARE USED TO ACQUIRE OTHER ITEMS FOR THE COLLECTION. CONTRIBUTIONS FOR THE PURCHASE OF ITEMS FOR THE COLLECTIONS AND EXHIBITS ARE CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS UNTIL ACQUISITIONS ARE MADE. THE MUSEUM'S COLLECTIONS AND EXHIBITS ARE NOT CAPITALIZED IN THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF ITEMS ARE EXPENSED IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. THE COST OF THESE ITEMS PURCHASED IS REPORTED AS A SEPARATE PROGRAM EXPENSE. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS. PART III, LINE 4: THE MUSEUM'S PERMANENT COLLECTION INCLUDES OVER 1,600 PAINTINGS, SCULPTURES, WATERCOLORS, DRAWINGS, PASTELS, PRINTS, PHOTOGRAPHS, MIXED MEDIA WORKS AND INSTALLATIONS DATING FROM THE NINETEENTH CENTURY TO THE PRESENT DAY. THE MUSEUM'S ACQUISITION COMMITTEE FACILITATES THE GROWTH OF THE COLLECTION THROUGH DONATION AND PURCHASE. ARTISTS IN THE COLLECTION INCLUDE ROMARE BEARDEN, ROBERT COLESCOTT, JACOB LAWRENCE, NORMAN LEWIS, CHRIS OFILI, BETYE SAAR, LORNA SIMPSON, KARA WALKER AND HALE WOODRUFF, AS WELL AS MANY FORMER ARTISTS-IN-RESIDENCE. THE MUSEUM IS ALSO THE CUSTODIAN OF AN EXTENSIVE ARCHIVE OF THE WORK OF PHOTOGRAPHER JAMES VANDERZEE, THE QUINTESSENTIAL CHRONICLER OF THE HARLEM COMMUNITY FROM 1906 TO 1983. PART V, LINE 4: THE MUSEUM CONSIDERS THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATE DONOR-RESTRICTED ENDOWMENT FUNDS: 1. THE DURATION AND PRESERVATION OF THE FUND; 2. THE PURPOSES OF THE MUSEUM AND THE DONOR-RESTRICTED ENDOWMENT FUND; 3. GENERAL ECONOMIC CONDITIONS; 4. THE POSSIBLE EFFECT OF INFLATION AND DEFLATION; 5. THE EXPECTED TOTAL RETURN FROM INCOME AND THE APPRECIATION OF INVESTMENTS; 6. OTHER RESOURCES OF THE MUSEUM; AND 7. THE INVESTMENT POLICIES OF THE MUSEUM. EARNINGS FROM THE ENDOWMENT FUND ARE TO BE USED TO SUPPORT PROGRAMMATIC ACTIVITY INCLUDING BUT NOT LIMITED TO THE ARTIST-IN0RESIDENCE (AIR) PROGRAM, ARTLOOKS PROGRAM, EXHIBITIONS AND GENERAL OPERATING EXPENSES. X X X X X X X 1 SUSAN COURTEMANCH 40 POWDER HORN HILL ROAD WILTON CT 06897 0 0 180177 -180177 PENNINGTON GRAY 7 WINSTON FARM LANE FAR HILLS NJ 07931 0 0 55000 -55000 NATIONAL FUNDRAISING LISTS 16900 SCIENCE DRIVE SUITE 210 BOWIE MD 20715 0 0 6890 -6890 KATHERINE L WITT & ASSOCIATES LLC 375 SOUTH END AVENUE NEW YORK NY 10280 0 0 12450 -12450 MELISSA SANDOR INC 352 VAN BRUNT STREET BROOKLYN NY 11231 0 0 9250 -9250 263767 -263767 GALA 3493881 1165325 2328556 194000 157373 205206 611868 SPRING LUNCHEON 406022 148949 257073 2046 85416 1699 8342 3899903 1314274 2585629 196046 242789 206905 620210 1265950 1319679 1 WEIN PRIZE 1 50000 ARTIST-IN-RESIDENCE STIPEND 3 28846 OTHER STIPENDS 3 10000 PART I, LINE 2: THE FINANCE COMMITTEE REVIEWS FINANCIALS ON A MONTHLY BASIS. DURING THAT REVIEW THE MUSEUM DISCUSSES THE USE OF GRANT FUNDS FROM A GLOBAL LEVEL. X X 0 0 0 0 0 0 0 0 0 THELMA A GOLDEN DIRECTOR/CHIEF CURATOR 221168 0 0 0 0 0 21028 0 23898 0 266094 0 0 0 SHEILA MCDANIEL DEPUTY DIR & ADMIN./CFO 155762 0 0 0 0 0 15789 0 20025 0 191576 0 0 0 HALLIE HOBSON DIRECTOR OF INSTITUTIONAL 174945 0 0 0 0 0 16244 0 19977 0 211166 0 0 0 X 23 FMV X 8 269151 FMV 0 1 0 AMENDED RETURN PLEASE BE AWARE THAT FORM 990 HAS BEEN AMENDED TO ACCOUNT FOR CHANGES RESULTING FORM THE COMPLETION OF AN INDEPENDANT AUDIT OF THE STUDIO MUSEUM IN HARLEM AND THE ISSUANCE OF INDEPENDENT AUDITED FINANCIAL STATEMENTS. PART III - LINE 1 THE STUDIO MUSEUM IN HARLEM IS A CONTEMPORARY ART MUSEUM THAT FOCUSES ON THE WORK OF ARTISTS OF AFRICAN DESCENT - AS WELL AS WORK THAT HAS BEEN INSPIRED AND INFLUENCED BY AFRICAN CULTURE - PAST AND PRESENT; THROUGH ITS EXHIBITIONS, ARTIST-IN-RESIDENCE PROGRAMS, EDUCATION AND PUBLIC PROGRAMMING, PERMANENT COLLECTION AND ARCHIVAL AND RESEARCH FACILITIES. THE STUDIO MUSEUM IN HARLEM IS COMMITTED TO SERVING AS A UNIQUE RESOURCE TO ITS LOCAL COMMUNITY, AND TO NATIONAL AND INTERNATIONAL ARENAS, BY MAKING ART AND EXHIBTIONS CONCRETE AND PERSONAL FOR EACH VIEWER. THE MUSEUM PROVIDES A CONTEXT WITHIN WHICH TO ADDRESS CONTEMPORARY AND HISTORICAL ISSUES, PRESENTED THROUGH ART, CREATED BY ARTISTS OF AFRICAN DESCENT. THE STUDIO MUSEUM IN HARLEM'S PURPOSE IS: A) TO PRESENT HISTORICAL, CONTEMPORARY AND FUTURE TRENDS IN THE WORK OF AFRICAN AMERICAN ARTISTS AND ARTISTS OF AFRICAN DESCENT: TO HIGHLIGHT THEIR CONTRIBUTIONS TO WORLD ART HISTORY, AND TO PROVIDE AUDIENCES WITH OPPORTUNITIES TO EXPLORE THE ISSUES PRESENTED THROUGH THE WORK OF THESE ARTISTS. B) TO DEVELOP A PERMANENT COLLECTION THAT DOCUMENTS THE CONTRIBUTIONS OF AFRICAN AMERICAN ARTISTS AND ARTISTS OF AFRICAN DESCENT TO WORLD ART HISTORY, AND THAT REFLECTS THE CONTEXT WITHIN WHICH THE MUSEUM FUNCTIONS. C) TO OFFER AFRICAN AMERICAN ARTISTS AND ARTISTS OF AFRICAN DESCENT GREATER ACCESS TO THE NATIONAL AND INTERNATIONAL ART WORLD, SPECIFICALLY THROUGH THE MUSEUM'S EXHIBITIONS AND ARTIST-IN-RESIDENCE PROGRAMS. D) TO CULTIVATE PRESENT AND FUTURE AUDIENCES AND SUPPORTERS OF THE MUSUEM THROUGH MEMBERSHIP ACTIVITIES, WHICH PROVIDE AN AWARENESS OF THE CREATIVE PROCESS, THAT BRIDGES THE GAP BETWEEN THE STUDIO EXPERIENCE AND THE MUSEUM VISIT. E) TO PROVIDE INTERDISCIPLINARY, MULTI-DIMENSIONAL EDUCATIONAL AND PUBLIC PROGRAMS, WHICH EXPAND THE CONCEPT OF LEARNING AND ENHANCE A SENSE OF IDENTITY, SELF-ESTEEM AND SELF-KNOWLEDGE OF THE STUDIO MUSEUM IN HARLEM'S AUDIENCES. PART III - LINE 4A - EXHIBITIONS 2018 SAW THE CULMINATION OF THE FICTIONS EXHIBIT, A SURVEY OF RECENT WORK BY 19 EMERGING ARTISTS OF OVER 11,700 VISITORS. MAREN HASSINGER: MONUMENTS, IS A YEARLONG SCULPTURAL INSTALLATION ON DISPLAY THROUGHOUT MARCUS GARVEY PARK UNTIL JUNE 10, 2019. MONUMENTS AFRICAN DESCENT WHO LIVE AND WORK ACROSS THE UNITED STATES AND THE LAST EXHIBITION TO SHOW BEFORE THE BUILDING'S CLOSE. IN SPRING WE LAUNCHED OUR FIRST PUBLIC ARTS PARTNERSHIP WITH THE SCHOMBURG CENTER FOR RESEARCH IN BLACK CULTURE: FIRELEI BEZ: JOY OUT OF FIRE HIGHLIGHTED WOMEN WHOSE LEGACIES ARE MAINTAINED AND PRESERVED BY THE ARCHIVES OF THE SCHOMBURG AND WAS ON VIEW FROM MAY 1 THROUGH NOVEMBER 24, 2018. BETWEEN JUNE AND NOVEMBER OF 2018, JOY OUT OF FIRE ATTRACTED FEATURES EIGHT LARGE-SCALE INSTALLATIONS CREATED FROM ORGANIC MATERIAL TO MIRROR THE SHAPES FOUND IN THE SURROUNDING ENVIRONMENT. AN ALUMNUS OF THE MUSEUM'S FAMED ARTIST-IN-RESIDENCE PROGRAM, HASSINGER DEVELOPED A PROCESS FOR MONUMENTS THAT INCLUDED A TEAM OF 75 COMMUNITY VOLUNTEERS FOR THE FORMAL INSTALLATION. OVER 100 VISITORS WERE PRESENT FOR THE MONUMENTS OPENING CELEBRATION. THE CURATORIAL DEPARTMENT ALSO ORGANIZED 2018 EXPANDING THE WALLS TEEN PHOTOGRAPHY PROGRAM'S CULMINATING EXHIBITION, DEVELOPING INTENTION: EXPANDING THE WALLS 2018, WHICH ATTRACTED 125 VISITORS TO ITS OPENING CELEBRATION AT THE METROPOLITAN MUSEUM OF ART. PART III - LINE 4B - EDUCATION AND PUBLIC PROGRAMS OUR EDUCATION DEPARTMENT CONTINUES TO PROVIDE ARTS-BASED SERVICES TO NEW YORK CITY'S SCHOOLCHILDREN, PARENTS AND EDUCATORS THROUGH PARTNERSHIPS WITH PUBLIC SCHOOLS AND YOUTH-SERVING COMMUNITY ORGANIZATIONS. IN FY18, WE MAINTAINED 11 SCHOOL RESIDENCIES THAT SERVED OVER 500 PRE-K-12 STUDENTS AND PARENTS IN NEW YORK CITY SCHOOLS THROUGH OUR TEACHING ARTISTS' CLASSROOM-BASED INSTRUCTION; ADDITIONAL RESOURCES AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES WERE EXTENDED TO 132 SCHOOL EDUCATORS, AND MUSEUM EDUCATORS MADE SELECT CURRICULA PUBLICLY ACCESSIBLE VIA THE STUDIO MUSEUM'S WEBPAGE, FREE OF CHARGE. THE EDUCATION TEAM LED A TOTAL OF 42 ONE-HOUR, DISCUSSION-BASED GUIDED EXHIBITION TOURS IN FY18, SERVING A TOTAL OF 1653 PARTICIPANTS. THE DEPARTMENT ALSO LAUNCHED A NEW INITIATIVE, FIND ART HERE, WHICH BRINGS OUR PERMANENT COLLECTION INTO SCHOOLS, LIBRARIES, AND SERVICE CENTERS IN HARLEM. IN ADDITION TO PROVIDING HIGH-QUALITY REPRODUCTIONS OF ARTWORKS, THE STUDIO MUSEUM WILL COLLABORATE WITH EACH LOCATION TO OFFER PUBLIC PROGRAMS AND EDUCATION INITIATIVES, INCLUDING COLLECTION-BASED CURRICULUM MATERIALS ANCHORED IN ART EDUCATION AND VISUAL LITERACY. THE REPRODUCTIONS, PAIRED WITH INTERPRETATIVE WALL TEXTS, ARE CURRENTLY INSTALLED IN EIGHT LOCATIONS THROUGHOUT HARLEM WITH IMMINENT PLANS FOR EXPANSION. BOOKS, AUTHORS & KIDS AND LIL' STUDIO CONTINUED IN FY18, OCCURRING ON A MONTHLY BASIS AND SERVING 886 LITTLE ONES AND THEIR FAMILIES. IN FY18, THE PUBLIC PROGRAMS & COMMUNITY ENGAGEMENT DEPARTMENT DIRECTLY ENGAGED 6,281 VISITORS IN 49 PUBLIC PROGRAMS DESIGNED FOR ADULT AUDIENCES. ALL PROGRAMS WERE FREE AND OPEN TO THE PUBLIC, EXPANDED UPON OUR SEASONAL EXHIBITIONS, AND SURVEYED PREVALENT ISSUES IN CONTEMPORARY ART AND BLACK CULTURE. OUR BROAD RANGE OF ART-INSPIRED EXPERIENCES PUT VISITORS IN CONVERSATION WITH 84 LEADING CULTURAL PRODUCERS. LAST LOOK WEEKEND WAS A FOUR-DAY CELEBRATION OF ART, HISTORY AND COMMUNITY, MARKING THE CLOSING OF THE FICTIONS EXHIBITION AND CELEBRATING THE STUDIO MUSEUM'S NEW BUILDING. SEVEN PUBLIC PROGRAMS TOOK PLACE DURING THE WEEKEND, GIVING OVER 850 VISITORS THE OPPORTUNITY TO WELCOME THE MUSEUM'S NEW ERA BY PARTICIPATING IN A DIVERSE SERIES OF CURATOR-LED TOURS, ARTIST TALKS AND PERFORMANCES, AND SOCIAL MIXERS. THE CLOSING CELEBRATION BROUGHT OUT MANY OF THE ARTISTS FEATURED IN THE EXHIBITION, INCLUDING TEXAS ISAIAH, SHERRILL ROLAND, AND PAUL STEPHEN BENJAMIN. ASSISTANT CURATOR, EXHIBITIONS CONNIE H. CHOI, HALLIE RINGLE, AND OTHER MEMBERS OF THE CURATORIAL DEPARTMENT LED TOURS THROUGHOUT THE EVENT. CHOI ALSO MODERATED A CONVERSATION BETWEEN ARTIST JULIE MEHRETU AND MABEL O. WILSON, ASSOCIATE PROFESSOR OF ARCHITECTURE AT COLUMBIA'S GRADUATE SCHOOL OF ARCHITECTURE PLANNING AND PRESERVATION. THE PUBLIC PROGRAMS DEPARTMENT ALSO COMPLETED THE FIRST FULL YEAR OF COMMUNITY ACTION NETWORK (CAN), WHICH BROUGHT TOGETHER OVER 30 LOCAL VOICES AND PERSPECTIVES ON ISSUES OF VISIBILITY, COMMUNITY OUTREACH AND ACCESSIBILITY. PART III - LINE 4C - CURATORIAL THROUGH CURATORIAL PROJECTS, THE STUDIO MUSEUM PRESENTED HIGHLY-ACCLAIMED EXHIBITIONS THAT EMBODIED OUR DUAL COMMITMENT TO REVISING ART HISTORY AND OFFERING FRESH PERSPECTIVES ON CONTEMPORARY ART FOR VISITORS OF ALL AGES. THIS YEAR LAUNCHED A MAJOR EFFORT TO DIGITIZE THE COLLECTION, THAT WILL ALLOW RESEARCHERS, SCHOLARS AND OUR OWN STAFF MEMBERS ACCESS TO THE MUSEUM'S HOLDINGS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE MEMBERS OF THE BOARD PRIOR TO FILING WITH THE INTERNTAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. ALL STAFF ARE REQUIRED TO COMPLETE A DISCLOSURE FORM IF THERE IS A QUESTION OF A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 AN ADHOC COMMITTEE OF THE BOARD OF DIRECTORS WORKS WITH AN INDEPENDENT CONSULTANT TO REVIEW CURRENT INDUSTRY COMPENSATION PARAMETERS. THEIR FINDINGS AND RECOMMENDATIONS ARE THEN REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE THEN MAKES A DETERMINATION REGARDING APPROPRIATE COMPENSATION LEVELS. FORM 990, PART VI, SECTION C, LINE 19 THE MUSEUM DOES NOT MAKE ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. THE MUSEUM'S FINANCIAL STATEMENTS ARE POSTED ON THE INTERNET. SMH SUPPORT CORP 144 W 125TH STREET NEW YORK NY 10027 832124849 TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF THE STUDIO MUSEUM IN HARLEM. 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