2021-05-07T15:14:13-05:00 2020-06-30 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2019-07-01 133475390 LOWER EAST SIDE TENEMENT MUSEUM LOWE 2124310233 103 ORCHARD STREET NEW YORK NY 100023132 ANNIE POLLAND PRESIDENT 2124310233 2021-05-06 1 JENNIFER COATES P02247728 2126972299 2019 2022-09-23 18:48:47Z ANNIE POLLAND 103 ORCHARD STREET NEW YORK NY 100023132 13773458 0 X WWW.TENEMENT.ORG X 1988 NY THE TENEMENT MUSEUM TELLS THE UNIQUELY AMERICAN STORIES OF IMMIGRANTS, MIGRANTS AND REFUGEES IN THE ONGOING CREATION OF OUR NATION. 27 27 160 27 0 0 3617292 5177392 8270361 5640509 34723 42861 153445 155350 12075821 11016112 0 0 0 0 7706733 6842091 0 0 1032638 4254779 3521557 11961512 10363648 114309 652464 33882364 35367989 10034960 10996752 23847404 24371237 X THE TENEMENT MUSEUM TELLS THE UNIQUELY AMERICAN STORIES OF IMMIGRANTS, MIGRANTS AND REFUGEES IN THE ONGOING CREATION OF OUR NATION. 0 1 7207519 4496033 PUBLIC PROGRAMS - TOURS AND PRESENTATIONS TO IMPART KNOWLEDGE TO THE GENERAL PUBLIC CONCERNING THE HISTORY OF THE IMMIGRATION MOVEMENT IN AMERICA. SUCH KNOWLEDGE IS DIRECTLY RELATED TO THE PURPOSE OF THE EXEMPT ACTIVITY - THE OPERATION OF A HISTORICAL MUSEUM. DURING THE FISCAL YEAR ENDED 2020, 185,052 VISITORS TOURED THE MUSEUM. THIS WAS A HISTORIC DECLINE IN VISITORS FROM THE PRIOR YEAR. ON MARCH 14TH, 2020 THE MUSEUM CLOSED ITS DOORS DUE TO THE COVID-19 PANDEMIC. IN MAY 2020, WE QUICKLY PIVOTED, CREATED AND LAUNCHED VITRUAL CONTENT. THESE PROGRAMS WERE THE MUSEUMS'S FIRST VIRTUAL FIELD TRIPS FOR SCHOOL GROUPS AND THE MUSEUM EXTENDED THIS CONTENT RICH VIRTUAL TOUR TO THE PUBLIC IN JUNE 2020. 996346 1144476 MUSEUM SHOP - THE GIFT SHOP OFFERS BOOKS, MULTIMEDIA, MUSEUM PRODUCTS, GIFTS AND TOYS THAT DOCUMENT AND/ OR COMMEMORATE THE IMMIGRANT EXPERIENCES AND THE STORIES OF LIFE AND HISTORICAL PERSPECTIVES OF THE LOWER EAST SIDE. 8203865 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 22 0 1 160 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X MAHENDRA HARIRAJ 2124310233 103 ORCHARD STREET NEW YORK NY 10002 KEVIN JENNINGS PRESIDENT 40.00 X X 253463 0 35812 MORRIS VOGEL PRESIDENT 40.00 X X 0 0 0 SCOTT METZNER CO - BOARD CHAIR 1.00 X X 0 0 0 MERRYL SNOW ZEGAR CO - BOARD CHAIR 1.00 X X 0 0 0 DAN KRAMER TREASURER 1.00 X X 0 0 0 ALICE F YURKE SECRETARY 1.00 X X 0 0 0 ZACH D AARONS TRUSTEE 1.00 X 0 0 0 MOHAMMED BADI TRUSTEE 1.00 X 0 0 0 ANDREW S BERKMAN TRUSTEE 1.00 X 0 0 0 MARGARET CHIN TRUSTEE 1.00 X 0 0 0 GERALD DONINI TRUSTEE 1.00 X 0 0 0 BRUCE GEISMAR TRUSTEE 1.00 X 0 0 0 SUSAN GRAY TRUSTEE 1.00 X 0 0 0 CHRISTINE GREER TRUSTEE 1.00 X 0 0 0 GARY E HANDEL FAIA TRUSTEE 1.00 X 0 0 0 NICOLE HOWE BUGGS TRUSTEE 1.00 X 0 0 0 PHIL KLEWENO TRUSTEE 1.00 X 0 0 0 HELEN LISS TRUSTEE 1.00 X 0 0 0 ALI MAYORKAS TRUSTEE 1.00 X 0 0 0 JUDITH MESSINA THRU 92019 TRUSTEE 1.00 X 0 0 0 MICHELE MIRMAN TRUSTEE 1.00 X 0 0 0 RON MOELIS TRUSTEE 1.00 X 0 0 0 STUART NACHMIAS TRUSTEE 1.00 X 0 0 0 MAE M NGAI TRUSTEE 1.00 X 0 0 0 SANDRA PANEM TRUSTEE 1.00 X 0 0 0 ELEANOR PELTA TRUSTEE 1.00 X 0 0 0 HARVEY M ROSS TRUSTEE 1.00 X 0 0 0 TATIANA SEGAL TRUSTEE 1.00 X 0 0 0 SHIMON SHKURY TRUSTEE 1.00 X 0 0 0 JILL TOTENBERG TRUSTEE 1.00 X 0 0 0 CHRISTOPHER P WILLCOX TRUSTEE 1.00 X 0 0 0 COOPER B ZELNICK TRUSTEE 1.00 X 0 0 0 DARYL WICKSTROM CHIEF OPERATION OFFICER 40.00 X 185830 0 27585 MICHELLE MOON CHIEF PROGRAMS OFFICER 40.00 X 152950 0 25426 JULIE DAVIDSON CHIEF DEVELOPMENT OFFICER 40.00 X 124529 0 14257 DAVID ENG CHIEF MARKETING OFFICER 40.00 X 136698 0 13937 ANNE BRENNER VP OF HR 40.00 X 120650 0 18528 ANNA OCANSEY VP OF FINANCE 40.00 X 103188 0 33762 ALISA MARTIN VP OF EDUCATION OPS 40.00 X 105926 0 23450 1183234 0 192757 8 0 1 0 PROSKAUER ROSE LLP ELEVEN TIMES SQUARE NEW YORK NY 10036 LEGAL SERVICES 137575 1 1109371 952461 3115560 27509 5177392 PROGRAM REVENUE 611710 4151527 4151527 MUSEUM SHOP SALES 451211 1144476 1144476 TICKET SURCHARGE 611710 334705 334705 MISCELLANEOUS REVENUE 611710 9801 9801 5640509 43698 43698 155350 0 155350 155350 155350 2729851 2730688 -837 -837 -837 26658 1109371 26658 0 11016112 5640509 0 198211 598035 277617 96279 224139 4966639 4185675 316589 464375 179090 153644 10755 14691 646920 527747 46104 73069 451407 363396 33179 54832 73181 73181 106347 106347 77902 77902 122933 122694 239 25700 25050 650 287943 167078 59738 61127 349680 232660 74270 42750 42064 17782 21677 2605 290321 290321 1079894 1029852 19662 30380 125206 92653 23789 8764 RETAIL ACTIVITY PURCHAS 470480 470480 BANK AND CREDIT CARD CH 200759 155645 24693 20421 PROGRAM AND EVENT COSTS 112554 42719 43140 26695 RECRUITMENT AND STAFF T 89068 1247 87810 11 67525 47605 11380 8540 10363648 8203865 1127145 1032638 1405270 3879681 225090 326754 1625104 1315036 6689 16207 90917 187860 107183 97531 35714798 8917441 27718098 26797357 2703689 2747234 324 329 33882364 35367989 606474 262302 29851 34535 1410400 9398635 9289515 10034960 10996752 X 20506452 21106424 3340952 3264813 23847404 24371237 33882364 35367989 X 652464 -128631 X 0 1 X 1 0 X 4247418 6919493 3075749 3617292 5177392 23037344 4247418 6919493 3075749 3617292 5177392 23037344 91915 22945429 157176 164825 157693 188168 199048 866910 23904254 34891173 0.95990 0.96080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 2703689 43545 2747234 2669258 34431 2703689 2664512 4746 2669258 2659788 4724 2664512 2656114 3674 2659788 1.00000 0 0 1035000 1035000 18894350 3615960 15278390 14131075 4597513 9533562 1654373 703968 950405 26797357 CERTIFICATE OF DEPOSIT 2747234 F 2747234 TENANT SECURITY DEPOSIT 13658 LONG TERM BOND OBLIGATION 9147226 OBLIGATION UNDER INTEREST RATE SWAP 128631 9289515 11016112 0 11016112 0 11016112 10492279 128631 128631 10363648 0 10363648 PART III, LINE 1A: THE MUSEUM MAINTAINS COLLECTIONS OF OVER 14,000 ITEMS THAT HAVE A DIRECT ASSOCIATION WITH 97 ORCHARD STREET OR OTHER HISTORIC SITES AND OTHER OBJECTS THAT ARE SUITABLE FOR EXHIBITION OR TEACHING PURPOSES. THE MUSEUM ALSO MAINTAINS A LIBRARY AND AN ARCHIVE OF OTHER HISTORICAL MATERIALS. THESE OBJECTS AND RESOURCES ARE MAINTAINED FOR THE PUBLIC BENEFIT TO BE USED FOR EDUCATION AND RESEARCH ACTIVITY. IN CONFORMITY WITH ACCOUNTING POLICIES GENERALLY FOLLOWED BY MUSEUMS, THE VALUE OF THESE RESOURCES HAS BEEN EXCLUDED FROM THE STATEMENT OF FINANCIAL POSITION, AND GIFTS OF OBJECTS FOR THE COLLECTION AND LIBRARY ARE EXCLUDED FROM THE STATEMENT OF ACTIVITIES. ACQUISITIONS FOR THE COLLECTIONS ARE REFLECTED AS DECREASES IN THE MUSEUM'S UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED. PART III, LINE 4: FOR OUR COLLECTION WE COLLECT MATERIALS THAT RELATE TO OUR HISTORIC PROPERTIES, HAVE SIGNIFICANCE TO THE FAMILIES THAT LIVED THERE OR ANY BUSINESSES THAT EXISTED THERE AND/OR MATERIALS THAT WE CAN USE TO EDUCATE THE PUBLIC THROUGH EXHIBITION AND/OR STUDY. OUR COLLECTION PROVIDES A STARTING POINT FOR MUSEUM VISITORS TO UNDERSTAND HOW THE EXPERIENCES OF EARLIER WAVES OF IMMIGRANTS COMPARE AND CONTRAST WITH NEWCOMERS TODAY. PART V, LINE 4: TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY THE ENDOWMENT. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP 128,631. VIRTUAL GALA 1136029 1109371 26658 10000 16658 1136029 1109371 26658 10000 16658 26658 0 1 X X X X 0 0 0 0 0 0 0 0 0 KEVIN JENNINGS PRESIDENT 253463 0 0 0 0 0 13029 0 22783 0 289275 0 0 0 DARYL WICKSTROM CHIEF OPERATION OFFICER 185830 0 0 0 0 0 5717 0 21868 0 213415 0 0 0 MICHELLE MOON CHIEF PROGRAMS OFFICER 147950 0 5000 0 0 0 7110 0 18316 0 178376 0 0 0 DAVID ENG CHIEF MARKETING OFFICER 129198 0 7500 0 0 0 6583 0 7354 0 150635 0 0 0 A BUILD NYC RESOURCE CORPORATION 454040561 2015-11-24 10700000 BUILDING ACQUISITION AND RENOVATION 0 0 0 A 329 284930 251777 10162975 0 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 0 A 0 X 4 27509 HIGH-LOW AVERAGE X 133 NO VALUE ASSIGNED 0 1 1 PART I, LINE 32B: THE LOWER EAST SIDE TENEMENT MUSEUM USES OPPENHEIMER & CO. INC AS A THIRD PARTY ONLY TO PROCESS AND SELL OUR STOCK GIFTS. FORM 990, PART III, LINE 3 COVID-19 CHANGED THE MUSEUM'S OPERATION MODEL WHICH RESULTED IN A SIGNIFICANT REDUCTION OF ONSITE VISITORSHIP AND PROGRAMS. THIS CAUSED A DIRECT IMPACT TO OUR TOURS EARNED REVENUES AND SHIFTED MOST PROGRAMS TO A VIRTUAL ENVIRONMENT. FORM 990, PART VI, SECTION B, LINE 11B OUR CPA FIRM PREPARES FORM 990. THE MUSEUM SUBMITS FORM 990 TO THE BOARD'S FINANCE COMMITTEE AND FULL BOARD FOR REVIEW AND APPROVAL. THE CPA FIRM WILL THEN BE AUTHORIZED TO FILE ONLINE. FORM 990, PART VI, SECTION B, LINE 12C THE MUSEUM PROVIDES A CONFLICT OF INTEREST POLICY IN ITS EMPLOYEE HANDBOOK AS IT APPLIES TO TRUSTEES, STAFF AND VOLUNTEERS. IT REVIEWS POTENTIAL CONFLICTS OF INTEREST WITH TRUSTEES ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES DECIDES THE COMPENSATION FOR THE PRESIDENT. COMPENSATION FOR ALL OTHER POSITIONS ARE DETERMINED USING SALARY GUIDES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC. THE FINANCIAL STATEMENT IS POSTED ON GUIDESTAR AND ORGANIZATION'S WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP -128,631.