SHED NYC INC: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- SHED NYC INC (EIN 90-0884353)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-10-21
- IRS object ID
- 202142949349300234
- Schema version
- 2020v4.1
- 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 | 2021-10-21T10:40:25-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | 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 | 2020-01-01 | 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 | 2021-10-18 | 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 | NICOLE A FITZMAURICE | PreparerPersonNm |
| PTIN | P10491005 | PTIN |
| Phone | 2127589700 | PhoneNum |
| Preparation | 2021-09-27 | 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 | 2020 | 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 | $105,942,757 | 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 IS A NEW CULTURAL INSTITUTION OF AND FOR THE 21ST CENTURY. SEE SCHEDULE O.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. | ActivityOrMissionDesc |
| Voting Members Governing Body | 27 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 24 | VotingMembersIndependentCnt |
| Total Employee | 987 | TotalEmployeeCnt |
| Total Volunteers | 25 | TotalVolunteersCnt |
| Total Gross UBI | $986,042 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $90,569,567 | PYContributionsGrantsAmt |
| CY Contributions Grants | $100,932,172 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $6,672,590 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $136,612 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,180 | PYInvestmentIncomeAmt |
| CY Investment Income | $24,369 | CYInvestmentIncomeAmt |
| PY Other Revenue | $3,835,961 | PYOtherRevenueAmt |
| CY Other Revenue | $1,177,629 | CYOtherRevenueAmt |
| PY Total Revenue | $101,081,298 | PYTotalRevenueAmt |
| CY Total Revenue | $102,270,782 | 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 | $20,844,150 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $14,371,067 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $458,492 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $275,659 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $5,352,597 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $38,722,918 | PYOtherExpensesAmt |
| CY Other Expenses | $32,131,077 | CYOtherExpensesAmt |
| PY Total Expenses | $60,025,560 | PYTotalExpensesAmt |
| CY Total Expenses | $46,777,803 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $41,055,738 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $55,492,979 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $625,242,260 | TotalAssetsBOYAmt |
| Total Assets EOY | $621,442,218 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $229,244,655 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $169,756,955 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $395,997,605 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $451,685,263 | 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 | Yes (1) | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $9,982,105 | ExpenseAmt |
| Revenue | $33,489 | RevenueAmt |
| Desc | LIVE PERFORMING PROGRAMMINGLIVE PERFORMANCE PROGRAMMING IS AN ANNUAL SERIES OF NEW WORKS BY ESTABLISHED AND EMERGING ARTISTS ACROSS PERFORMING ARTS DISCIPLINES. DIVERSITY OF GENRE AND AUDIENCE EXPERIENCE GUIDES THE SHED'S ARTISTIC CHOICES, AS DOES COMMISSIONED ARTISTS' APPETITES FOR EXPERIMENTATION. CONTINUED ON SCHEDULE O | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $20,376,268 | ExpenseAmt |
| Revenue | $103,123 | RevenueAmt |
| Desc | VISUAL ARTS PROGRAMMINGVISUAL ARTS PROGRAMMING CONSISTS OF A SERIES OF EXHIBITIONS FEATURING NEW WORKS COMMISSIONED BY THE SHED FROM A RANGE OF BOTH ESTABLISHED AND EARLY-CAREER ARTISTS. CONTINUED ON SCHEDULE O | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,923,824 | 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 | $32,282,197 | 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 | Yes (1) | 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 | 0 | 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 | 0 | 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 | 150 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 987 | 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 | 27 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 24 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | 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 (45 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) | $741,693 | $0 | $48,819 | |
| 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 | |
| DEBBIE AUGUST | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| PETER A BOYCE II | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MISTY COPELAND | ||||||||
| DIRECTOR (START 9/30/20) | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERTA DENNING | ||||||||
| 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 | ||
| MARIA CATALINA SAIEH GUZMAN | ||||||||
| DIRECTOR (START 6/25/20) | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MIMI HAAS | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KATHLEEN KAPNICK | ||||||||
| DIRECTOR (END 6/22/20) | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MONISH KUMAR | ||||||||
| DIRECTOR (START 6/25/20) | 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 | ||
| BENJAMIN F NEEDELL | ||||||||
| DIRECTOR (END 12/9/20) | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CLAUDIA RANKINE | ||||||||
| DIRECTOR (START 3/5/20) | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ALVARO SAIEH | ||||||||
| DIRECTOR (END 6/25/20) | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ANDRES SANTO DOMINGO | ||||||||
| DIRECTOR | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DEAN SHAPIRO | ||||||||
| DIRECTOR (START 3/5/20) | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| HARVEY J SPEVAK | ||||||||
| 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 (START 9/30/20) | 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 | ||
| GILBERT PEREZ | ||||||||
| CHIEF VISITOR EXPERIENCE OFFICER | 40.00 | 0.00 | Yes (X) | $221,400 | $0 | $23,552 | ||
| MARGARET HUNT | ||||||||
| CHIEF DEVELOPMENT OFFICER | 40.00 | 0.00 | Yes (X) | $323,715 | $0 | $41,085 | ||
| MARYANN JORDAN | ||||||||
| CHIEF OPERATING OFFICER | 40.00 | 0.00 | Yes (X) | $431,566 | $0 | $32,263 | ||
| PETER GEE | ||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | 0.00 | Yes (X) | $304,519 | $0 | $45,922 | ||
| TAMARA MCCAW | ||||||||
| CHIEF CIVIC PROGRAM OFFICER | 40.00 | 0.00 | Yes (X) | $193,353 | $0 | $21,480 | ||
| ABDUL YOUNIS | ||||||||
| CHIEF EXEC. PRODUCER (START 1/6/20) | 40.00 | 0.00 | Yes (X) | $323,131 | $0 | $11,196 | ||
| EZRA WIESNER | ||||||||
| CHIEF TECHNOLOGY OFFICER | 40.00 | 0.00 | Yes (X) | $253,463 | $0 | $56,622 | ||
| EMMA ENDERBY | ||||||||
| CHIEF CURATOR (START 2/10/20) | 40.00 | 0.00 | Yes (X) | $140,122 | $0 | $14,822 | ||
| JEFFREY LEVINE | ||||||||
| CHIEF MARKETING & COMM OFFICER | 40.00 | 0.00 | Yes (X) | $238,983 | $0 | $56,233 | ||
| JESSICA GORMAN | ||||||||
| DIRECTOR OF INDIVIDUAL GIVING | 40.00 | 0.00 | $148,682 | $0 | $20,112 | Yes (X) | ||
| JOSEPH WITTMANN | ||||||||
| DIRECTOR OF FACILITIES | 40.00 | 0.00 | $203,806 | $0 | $50,426 | Yes (X) | ||
| MARC WARREN | ||||||||
| DIRECTOR OF PRODUCTION | 40.00 | 0.00 | $187,102 | $0 | $21,260 | Yes (X) | ||
| ROBERT CAROTENUTO | ||||||||
| SENIOR PROGRAM ADVISOR | 40.00 | 0.00 | $152,573 | $0 | $20,034 | Yes (X) | ||
| ROBERT RAYNOLDS | ||||||||
| DIRECTOR OF CORP PARTNERSHIPS | 40.00 | 0.00 | $163,788 | $0 | $7,586 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,027,896 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $471,412 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 29 | 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 |
|---|---|---|---|---|---|
| VAYNER MEDIA LLC | |||||
| 347 10TH AVE | NEW YORK | NY | 10001 | MARKETING | $698,855 |
| JS HELD LLC | |||||
| 50 JERICHO QUADRANGLE - SUITE 117 | JERICHO | NY | 11753 | CONSULTING | $367,754 |
| JONES WALKER LLP | |||||
| 201 ST CHARLES AVENUE - SUITE 5100 | NEW ORLEANS | LA | 70170 | LEGAL | $274,715 |
| VITAL MANAGEMENT SOLUTIONS | |||||
| 8988 FILIZ LANE | POWELL | OH | 43065 | DESIGN MANAGEMENT | $216,559 |
| WALNUT HILL MEDIA LLC | |||||
| 667 MADISON AVE | NEW YORK | NY | 10065 | FUNDRAISING | $178,200 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 9 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $283,367 | MembershipDuesAmt |
| Government Grants | $5,891,294 | GovernmentGrantsAmt |
| All Other Contributions | $94,757,511 | AllOtherContributionsAmt |
| Noncash Contributions | $2,515,848 | NoncashContributionsAmt |
| Total Contributions | $100,932,172 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOX OFFICE TICKET REVENUE & FEES | Desc |
| Business | 711190 | BusinessCd |
| Total Revenue Column | $136,612 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $136,612 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $136,612 | TotalProgramServiceRevenueAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,300 | TotalRevenueColumnAmt |
| Exclusion | $1,300 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,119,924 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,133,882 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $986,042 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $986,042 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $986,042 | UnrelatedBusinessRevenueAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,538,917 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,515,848 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $23,069 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,069 | TotalRevenueColumnAmt |
| Exclusion | $23,069 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $50,285 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $22,245 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $28,040 | TotalRevenueColumnAmt |
| Exclusion | $28,040 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| FOOD & BEVERAGE | 722511 | $71,684 | $71,684 |
| STATE TAX REFUND | 900099 | $31,329 | $31,329 |
| CORPORATE CREDIT CARD CASHBACK | 900099 | $15,543 | $15,543 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $44,991 | TotalRevenueColumnAmt |
| Exclusion | $44,991 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $163,547 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $102,270,782 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $136,612 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $986,042 | UnrelatedBusinessRevenueAmt |
| Exclusion | $215,956 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,266,608 | TotalAmt |
| Program Services | $866,295 | ProgramServicesAmt |
| Management And General | $574,431 | ManagementAndGeneralAmt |
| Fundraising | $825,882 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,182,224 | TotalAmt |
| Program Services | $6,772,153 | ProgramServicesAmt |
| Management And General | $2,029,160 | ManagementAndGeneralAmt |
| Fundraising | $380,911 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $151,753 | TotalAmt |
| Program Services | $125,532 | ProgramServicesAmt |
| Management And General | $9,354 | ManagementAndGeneralAmt |
| Fundraising | $16,867 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,884,466 | TotalAmt |
| Program Services | $1,112,953 | ProgramServicesAmt |
| Management And General | $378,313 | ManagementAndGeneralAmt |
| Fundraising | $393,200 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $886,016 | TotalAmt |
| Program Services | $513,889 | ProgramServicesAmt |
| Management And General | $177,203 | ManagementAndGeneralAmt |
| Fundraising | $194,924 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $187,223 | TotalAmt |
| Program Services | $1,554 | ProgramServicesAmt |
| Management And General | $172,589 | ManagementAndGeneralAmt |
| Fundraising | $13,080 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $160,196 | TotalAmt |
| Management And General | $160,196 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $275,659 | TotalAmt |
| Fundraising | $275,659 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $278,864 | TotalAmt |
| Program Services | $18,256 | ProgramServicesAmt |
| Management And General | $260,608 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $826,770 | TotalAmt |
| Program Services | $826,770 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $193,963 | TotalAmt |
| Program Services | $64,932 | ProgramServicesAmt |
| Management And General | $101,572 | ManagementAndGeneralAmt |
| Fundraising | $27,459 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $975,295 | TotalAmt |
| Program Services | $662,027 | ProgramServicesAmt |
| Management And General | $199,303 | ManagementAndGeneralAmt |
| Fundraising | $113,965 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,409,613 | TotalAmt |
| Program Services | $2,314,433 | ProgramServicesAmt |
| Management And General | $696,760 | ManagementAndGeneralAmt |
| Fundraising | $398,420 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $82,620 | TotalAmt |
| Program Services | $58,067 | ProgramServicesAmt |
| Management And General | $20,478 | ManagementAndGeneralAmt |
| Fundraising | $4,075 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,113,213 | TotalAmt |
| Program Services | $4,149,627 | ProgramServicesAmt |
| Management And General | $1,249,245 | ManagementAndGeneralAmt |
| Fundraising | $714,341 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,290,179 | TotalAmt |
| Program Services | $9,700,122 | ProgramServicesAmt |
| Management And General | $2,920,221 | ManagementAndGeneralAmt |
| Fundraising | $1,669,836 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $893,140 | TotalAmt |
| Program Services | $606,260 | ProgramServicesAmt |
| Management And General | $182,515 | ManagementAndGeneralAmt |
| Fundraising | $104,365 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PRODUCTION EXPENSE | $3,422,317 | $3,422,317 | $0 | $0 |
| ARTIST AND PERFORMING F | $1,062,305 | $1,062,305 | $0 | $0 |
| DEVELOPMENT & SPECIAL E | $232,773 | $3,135 | $10,025 | $219,613 |
| PROFESSIONAL DEVELOPMEN | $2,606 | $1,570 | $1,036 | $0 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,777,803 | TotalAmt |
| Program Services | $32,282,197 | ProgramServicesAmt |
| Management And General | $9,143,009 | ManagementAndGeneralAmt |
| Fundraising | $5,352,597 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,570,735 | BOYAmt |
| EOY | $16,329,933 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $78,245,311 | BOYAmt |
| EOY | $70,636,023 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,750 | BOYAmt |
| EOY | $15,750 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $90,497 | BOYAmt |
| EOY | $78,806 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,081,177 | BOYAmt |
| EOY | $523,050 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $556,275,816 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $22,639,737 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $527,153,332 | BOYAmt |
| EOY | $533,636,079 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,091,458 | BOYAmt |
| EOY | $222,577 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $625,242,260 | BOYAmt |
| EOY | $621,442,218 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,575,115 | BOYAmt |
| EOY | $5,452,348 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $331,250 | BOYAmt |
| EOY | $300,000 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,500,000 | BOYAmt |
| EOY | $54,600,000 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $128,603,700 | BOYAmt |
| EOY | $75,445,334 | 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 | $7,234,590 | BOYAmt |
| EOY | $8,959,273 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $229,244,655 | BOYAmt |
| EOY | $169,756,955 | 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 | $325,681,857 | BOYAmt |
| EOY | $444,685,763 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,315,748 | BOYAmt |
| EOY | $6,999,500 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $395,997,605 | BOYAmt |
| EOY | $451,685,263 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $625,242,260 | BOYAmt |
| EOY | $621,442,218 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $55,492,979 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $194,679 | 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 | 0 | FederalGrantAuditRequiredInd |
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 | $83,834,244 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $87,889,064 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $74,188,371 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $90,569,567 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $100,932,172 | CurrentTaxYearAmt |
| Total | $437,413,418 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $83,834,244 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $87,889,064 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $74,188,371 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $90,569,567 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $100,932,172 | CurrentTaxYearAmt |
| Total | $437,413,418 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $168,727,772 | SubstantialContributorsTotAmt |
| Public Support Total170 | $268,685,646 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $1,042 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,795,066 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,121,224 | CurrentTaxYearAmt |
| Total | $7,917,332 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $51,789 | CurrentTaxYearMinus2YearsAmt |
| Total | $51,789 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $1,058,684 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $163,547 | CurrentTaxYearAmt |
| Total | $1,222,231 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $446,604,770 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $7,026,685 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.60160 | PublicSupportCY170Pct |
| Public Support PY170 | 0.66110 | 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. STATE TAX REFUND - 2019 AMOUNT: $ 34,000. 2020 AMOUNT: $ 31,329. CORP CREDIT CARD CASHBACK - 2019 AMOUNT: $ 6,662. 2020 AMOUNT: $ 15,543. OTHER - 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 44,991. | 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 | $541,847,236 | OtherCostOrOtherBasisAmt |
| Depreciation | $18,020,357 | DepreciationAmt |
| Book Value | $523,826,879 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,441,216 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,368,603 | DepreciationAmt |
| Book Value | $7,072,613 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,987,364 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,250,777 | DepreciationAmt |
| Book Value | $2,736,587 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $533,636,079 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| RETAINAGE PAYABLE | $5,013,782 |
| INTEREST RATE SWAP LIABILITY | $405,753 |
| PAYROLL PROTECTION PROGRAM LOAN | $3,539,738 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $8,959,273 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $103,599,343 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $194,679 | OtherRevenueAmt |
| Revenue Not Reported | $194,679 | RevenueNotReportedAmt |
| Revenue Subtotal | $103,404,664 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$1,133,882 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$1,133,882 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $102,270,782 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $47,911,685 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $1,133,882 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,133,882 | ExpensesNotReportedAmt |
| Expenses Subtotal | $46,777,803 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $46,777,803 | 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, 2020, 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. |
| SCHEDULE D, PART XI, LINE 2D | RECONCILIATION OF REVENUE TO AUDITED FINANCIAL STATEMENTS CHANGE IN FAIR VALUE OF INTEREST RATE SWAP $194,679 |
| SCHEDULE D, PART XI, LINE 4B | RECONCILIATION OF REVENUE TO AUDITED FINANCIAL STATEMENTS DIRECT RENTAL EXPENSES ($1,133,882) |
| SCHEDULE D, PART XII, LINE 2D | RECONCILIATION OF EXPENSES TO AUDITED FINANCIAL STATEMENTS DIRECT RENTAL EXPENSES $1,133,882 |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | EUROPE (INCLUDING ICELAND & GREENLAND) | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 1 | EmployeeCnt |
| Type Of Activities Conducted | PROGRAM SERVICES | TypeOfActivitiesConductedTxt |
| Specific Services Provided | PROGRAM ADVISORY | SpecificServicesProvidedTxt |
| Region Total Expenditures | $133,558 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 1 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 1 | TotalEmployeeCnt |
| Subtotal Spent | $133,558 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $133,558 | 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 (3 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 | $167,400 | -$167,400 |
| PENNINGTON GRAY LLC | ||||||||
| 7 WINSTON FARM LANE | FAR HILLS | NJ | 07931 | FUNDRAISING COUNSEL | 0 | $0 | $57,750 | -$57,750 |
| SUSAN COURTEMANCHE | ||||||||
| 40 POWDER HORN HILL ROAD | WILTON | CT | 06897 | FUNDRAISING COUNSEL | 0 | $0 | $45,000 | -$45,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $270,150 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$270,150 | TotalNetToOrganizationAmt |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
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 ADDRESS OF FUNDRAISER: 667 MADISON AVE, NEW YORK, NY 10065 AMOUNT PAID TO (OR RETAINED BY) FUNDRAISER: $18,000 PER MONTH FLAT FEE, REDUCED TO $12,600 PER MONTH IN APRIL 2020, 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: SUSAN COURTEMANCHE ADDRESS OF FUNDRAISER: 40 POWDER HORN HILL ROAD, WILTON, CT 06897 AMOUNT PAID TO (OR RETAINED BY) FUNDRAISER: $15,000 PER MONTH FLAT FEE, REDUCED TO $5,000 PER MONTH IN MARCH 2020, ARRANGEMENT PLUS ELIGIBLE EXPENSE REIMBURSEMENTS. ARRANGEMENT TERMINATED IN MAY 2020. NAME OF FUNDRAISER: PENNINGTON GRAY, LLC ADDRESS OF FUNDRAISER: 7 WINSTON FARM LANE, FAR HILLS, NJ 07931 AMOUNT PAID TO (OR RETAINED BY) FUNDRAISER: $5,000 PER MONTH FLAT FEE, REDUCED TO $4,250 PER MONTH IN OCTOBER 2020. 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 (15 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 | $597,693 | $0 | $0 | $0 | $144,000 | $0 | $6,597 | $0 | $42,222 | $0 | $790,512 | $0 | $0 | $0 |
| MARYANN JORDAN | ||||||||||||||
| CHIEF OPERATING OFFICER | $371,566 | $0 | $0 | $0 | $60,000 | $0 | $9,614 | $0 | $22,649 | $0 | $463,829 | $0 | $0 | $0 |
| MARGARET HUNT | ||||||||||||||
| CHIEF DEVELOPMENT OFFICER | $323,715 | $0 | $0 | $0 | $0 | $0 | $9,584 | $0 | $31,501 | $0 | $364,800 | $0 | $0 | $0 |
| PETER GEE | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $304,519 | $0 | $0 | $0 | $0 | $0 | $10,125 | $0 | $35,797 | $0 | $350,441 | $0 | $0 | $0 |
| ABDUL YOUNIS | ||||||||||||||
| CHIEF EXEC. PRODUCER (START 1/6/20) | $261,592 | $0 | $0 | $0 | $61,539 | $0 | $0 | $0 | $11,196 | $0 | $334,327 | $0 | $0 | $0 |
| EZRA WIESNER | ||||||||||||||
| CHIEF TECHNOLOGY OFFICER | $253,463 | $0 | $0 | $0 | $0 | $0 | $9,508 | $0 | $47,114 | $0 | $310,085 | $0 | $0 | $0 |
| JEFFREY LEVINE | ||||||||||||||
| CHIEF MARKETING & COMM OFFICER | $238,983 | $0 | $0 | $0 | $0 | $0 | $10,091 | $0 | $46,142 | $0 | $295,216 | $0 | $0 | $0 |
| JOSEPH WITTMANN | ||||||||||||||
| DIRECTOR OF FACILITIES | $203,806 | $0 | $0 | $0 | $0 | $0 | $6,534 | $0 | $43,892 | $0 | $254,232 | $0 | $0 | $0 |
| GILBERT PEREZ | ||||||||||||||
| CHIEF VISITOR EXPERIENCE OFFICER | $221,400 | $0 | $0 | $0 | $0 | $0 | $5,365 | $0 | $18,187 | $0 | $244,952 | $0 | $0 | $0 |
| TAMARA MCCAW | ||||||||||||||
| CHIEF CIVIC PROGRAM OFFICER | $193,353 | $0 | $0 | $0 | $0 | $0 | $7,905 | $0 | $13,575 | $0 | $214,833 | $0 | $0 | $0 |
| MARC WARREN | ||||||||||||||
| DIRECTOR OF PRODUCTION | $187,102 | $0 | $0 | $0 | $0 | $0 | $7,642 | $0 | $13,618 | $0 | $208,362 | $0 | $0 | $0 |
| ROBERT CAROTENUTO | ||||||||||||||
| SENIOR PROGRAM ADVISOR | $152,573 | $0 | $0 | $0 | $0 | $0 | $1,142 | $0 | $18,892 | $0 | $172,607 | $0 | $0 | $0 |
| ROBERT RAYNOLDS | ||||||||||||||
| DIRECTOR OF CORP PARTNERSHIPS | $163,788 | $0 | $0 | $0 | $0 | $0 | $6,604 | $0 | $982 | $0 | $171,374 | $0 | $0 | $0 |
| JESSICA GORMAN | ||||||||||||||
| DIRECTOR OF INDIVIDUAL GIVING | $148,682 | $0 | $0 | $0 | $0 | $0 | $5,043 | $0 | $15,069 | $0 | $168,794 | $0 | $0 | $0 |
| EMMA ENDERBY | ||||||||||||||
| CHIEF CURATOR (START 2/10/20) | $140,122 | $0 | $0 | $0 | $0 | $0 | $2,700 | $0 | $12,122 | $0 | $154,944 | $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 2020, THE SHED PROVIDED A HOUSING ALLOWANCE TO THE CHIEF EXECUTIVE OFFICER, 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 (5 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd | Loan To OrganizationLoanToOrganizationInd |
|---|---|---|---|---|---|---|---|---|
| MARYANN JORDAN | ||||||||
| CHIEF OPERATING OFFICER | REFUNDABLE SECURITY DEPOSIT | Yes (X) | $9,750 | $9,750 | 0 | Yes (1) | Yes (1) | |
| DAN DOCTOROFF | ||||||||
| DIRECTOR | WORKING OPERATING CAPITAL LOAN | $9,500,000 | $9,500,000 | 0 | Yes (1) | Yes (1) | Yes (X) | |
| ABDUL YOUNIS | ||||||||
| CHIEF EXECUTIVE PRODUCER | REFUNDABLE SECURITY DEPOSIT | Yes (X) | $6,000 | $6,000 | 0 | Yes (1) | Yes (1) | |
| STEPHEN ROSS | ||||||||
| SUBSTANTIAL CONTRIBUTOR | CONSTRUCTION LOAN | $45,000,000 | $45,000,000 | 0 | Yes (1) | Yes (1) | Yes (X) | |
| UNFINISHED LIVE | ||||||||
| 35% CONTROLLED ENTITY OF FRANK MCCOURT | EVENT LOAN | $100,000 | $100,000 | 0 | Yes (1) | Yes (1) | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $54,615,750 | TotalBalanceDueAmt |
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: MARYANN JORDANRELATIONSHIP WITH ORGANIZATION: CHIEF OPERATING OFFICERPURPOSE OF LOAN: REFUNDABLE SECURITY DEPOSITNAME OF PERSON: DANIEL DOCTOROFFRELATIONSHIP WITH ORGANIZATION: DIRECTORPURPOSE OF LOAN: WORKING OPERATING CAPITAL LOANNAME OF PERSON: ABDUL YOUNISRELATIONSHIP WITH ORGANIZATION: CHIEF EXECUTIVE PRODUCERPURPOSE OF LOAN: REFUNDABLE SECURITY DEPOSITNAME OF PERSON: STEPHEN M. ROSSRELATIONSHIP WITH ORGANIZATION: SUBSTANTIAL CONTRIBUTORURPOSE OF LOAN: CONSTRUCTION LOANNAME OF PERSON: UNFINISHED LIVE, LLCRELATIONSHIP WITH ORGANIZATION: 35% CONTROLLED ENTITY OF FRANK MCCOURT. PURPOSE OF LOAN: EVENT LOAN | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 6 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2,515,848 | 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 | 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 (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 2 | PROGRAM SERVICES NOT LISTED ON PRIOR FORM 990 THE SHED BEGAN 2020 WITH A ROBUST SEASON OF PERFORMING AND VISUAL ARTS PROGRAMMING PLANNED. ON MARCH 13, 2020, TWO WEEKS SHY OF OUR ONE-YEAR ANNIVERSARY, THE COVID-19 PANDEMIC FORCED US TO SUSPEND PROGRAMMING AND CLOSE OUR BUILDING TO THE PUBLIC AND ALL BUT ESSENTIAL SECURITY AND FACILITIES STAFF. WITHIN A MONTH WE HAD LAUNCHED UP CLOSE, A NEW PROGRAM THAT BROUGHT OUR COMMISSIONING MODEL TO THE DIGITAL SPHERE ON A MONTHLY BASIS THROUGHOUT THE YEAR. LATER THAT SPRING, WE MOVED FORWARD WITH OUR SIGNATURE CIVIC PROGRAM, OPEN CALL, INVITING EARLY-CAREER LOCAL ARTISTS TO SUBMIT PROPOSALS FOR NEW WORK TO BE SUPPORTED BY AND PRESENTED AT THE SHED IN THE FOLLOWING YEAR. ON OCTOBER 16, 2020, WE REOPENED OUR RECONFIGURED SPACE FOR A VISUAL ART EXHIBITION BY HOWARDENA PINDELL, WHICH WAS SUPPORTED BY A SERIES OF DIGITAL PUBLIC PROGRAMS THAT EXPLORED ISSUES OF RACE, HISTORY, AND REPRESENTATION RELEVANT TO THE ARTIST'S WORK. THE FOLLOWING MONTH WE PREMIERED NOVEMBER, A NEW FILM COMMISSIONED BY THE SHED AND BASED ON THE SHED-COMMISSIONED PLAY HELP BY CLAUDIA RANKINE. |
| FORM 990, PART III, LINE 4A (CONTINUED) | LIVE PERFORMANCE PROGRAMMING IN 2020, COVID-19 RESTRICTIONS PREVENTED US FROM CARRYING OUT THE LIVE PERFORMANCES WE HAD PLANNED. WE SPENT THE FIRST MONTHS OF THE YEAR REHEARSING FOR: *HELP (MARCH 10-11, 2020, THE GRIFFIN THEATER): THIS NEW PLAY BY ACCLAIMED POET AND SCHOLAR CLAUDIA RANKINE IS BASED ON HER ONGOING INVESTIGATION INTO WHITE MALE PRIVILEGE. DIRECTED BY OBIE AWARD-WINNER TAIBI MAGAR AND STARRING ROSLYN RUFF, HELP DRAWS ITS DIALOGUE FROM REAL CONVERSATIONS THAT RANKINE HAS HAD WITH WHITE MEN IN "LIMINAL SPACES" SUCH AS AIRPORT LOUNGES, EXPLORING HOW THESE INTERACTIONS CAN GO RIGHT, WRONG, AND RAISE NEW QUESTIONS. HELP HAD JUST BEGUN PREVIEWS WHEN THE SHED CLOSED IN MARCH. *NOVEMBER (NOVEMBER 1-7, 2020): WITH PANDEMIC CONDITIONS PREVENTING THE PRODUCTION OF LIVE PROGRAMMING, THE SHED REPURPOSED HELP, THE THEATRICAL WORK BY CLAUDIA RANKINE DESCRIBED ABOVE, FOR THE SCREEN. THE CREATIVE TEAM ADAPTED THE SCRIPT INTO NOVEMBER, A 47-MINUTE DRAMATIC MONOLOGUE WITH A ROTATING CAST OF FIVE ACTORS (CRYSTAL DICKINSON, ZORA HOWARD, APRIL MATTHIS, MELANIE NICHOLLS-KING, AND TIFFANY RACHELLE STEWART). FOR A CO-PRODUCTION WITH TRIBECA FILM FESTIVAL, THE SHED COMMISSIONED THE AWARD-WINNING YOUNG DIRECTOR PHILLIP YOUMANS TO DIRECT A FILM OF THE PERFORMANCE ALONGSIDE NEW FOOTAGE FROM LOCAL COMMUNITIES. THE FILM WAS AVAILABLE TO WATCH FOR FREE ON THE SHED'S WEBSITE DURING THE WEEK OF THE PRESIDENTIAL ELECTION, AND WILL BE REBROADCAST TWICE IN 2021. |
| FORM 990, PART III, LINE 4B (CONTINUED) | VISUAL ARTS PROGRAMMING IN 2020, THE PANDEMIC FORCED THE POSTPONEMENT OF SEVERAL PLANNED EXHIBITIONS, HOWEVER, WE WERE ABLE TO WELCOME VISITORS TO THE FOLLOWING SHOWS BEFORE OUR CLOSURE AND AFTER WE PARTIALLY REOPENED IN THE FALL (PLEASE NOTE THE FIRST TWO OPENED IN 2019 AND CONTINUED INTO 2020): *AGNES DENES: ABSOLUTES AND INTERMEDIATES (OCTOBER 9, 2019 - MARCH 12, 2020): THIS COMPREHENSIVE SURVEY EXHIBITION - DESCRIBED AS "TAUTLY BEAUTIFUL" BY THE NEW YORK TIMES - BROUGHT TOGETHER OVER 150 WORKS, INCLUDING A NUMBER OF NEW COMMISSIONS, SPANNING AGNES DENES'S 50-YEAR CAREER. *MANUAL OVERRIDE (NOVEMBER 13, 2019 - JANUARY 12, 2020, THE GRIFFIN THEATER): IN AN EXHIBITION ORGANIZED BY GUEST CURATOR NORA N. KHAN, FIVE ARTISTS - MOREHSHIN ALLAHYARI, SIMON FUJIWARA, LYNN HERSHMAN LEESON, SONDRA PERRY, AND MARTINE SYMS - CRITIQUED THE SOCIAL, CULTURAL, AND ETHICAL ISSUES EMBEDDED IN EMERGING TECHNOLOGICAL SYSTEMS AND INFRASTRUCTURES. *HOWARDENA PINDELL: ROPE/FIRE/WATER (OCTOBER 16, 2020 - MARCH 28, 2021): FOR HER SOLO EXHIBITION AT THE SHED, HOWARDENA PINDELL PRESENTED ROPE/FIRE/WATER, HER FIRST VIDEO IN 25 YEARS AND A PROJECT UNREALIZED BY THE ARTIST SINCE THE 1970S THAT THE SHED COMMISSIONED. IN ADDITION, SHE DEBUTED A PAIR OF LARGE-SCALE PAINTINGS RELATED TO GLOBAL ATROCITIES OF IMPERIALISM AND WHITE SUPREMACY. ALSO ON VIEW WERE SEVERAL ABSTRACT PAINTINGS THAT DEMONSTRATE A THROUGH LINE IN PINDELL'S PRACTICE: AFTER WORKING ON TRAUMATIC HISTORICAL PROJECTS, THE ARTIST DECOMPRESSES BY CREATING METICULOUSLY PRODUCED, LARGE-SCALE ABSTRACT WORKS ON UNSTRETCHED CANVAS. |
| FORM 990, PART III, LINE 4C (CONTINUED) | CIVIC PROGRAMS IN 2020, OUR YOUTH PROGRAMS FLEXNYC AND DIS OBEY WERE SUSPENDED DUE TO THE PANDEMIC, BUT WE MOVED FORWARD WITH THE FOLLOWING CIVIC PROGRAMS: *MEET AT THE SHED (JANUARY 11, 2020): THE SHED'S FIRST FREE OPEN HOUSE BROUGHT THE BLOOMBERG BUILDING TO LIFE WITH POP-UP EVENTS AND TOURS, DIRECTLY ENGAGING AUDIENCES, ESPECIALLY THOSE WHO HAD NOT YET VISITED, AND DEEPENING OUR RELATIONSHIPS WITH TRUSTEES, MEMBERS, AND PAST AND FUTURE SHED ARTISTS. FROM 11AM TO 8PM, THE EVENT WELCOMED ALMOST 6,000 ATTENDEES, AN ESTIMATED 40 PERCENT OF WHOM WERE FIRST-TIME VISITORS. GUESTS EXPERIENCED DJS SPINNING THROUGHOUT THE BUILDING, FLEXN STYLE CREW-VERSUS-CREW DANCE BATTLES IN THE MAIN LOBBY, DANCE WORKSHOPS IN THE 8TH-FLOOR TISCH SKYLIGHTS, CURATOR-LED TOURS OF EXHIBITIONS IN BOTH GALLERIES, PHOTO BOOTHS, LOCAL FOOD TRUCKS STATIONED IN THE MCCOURT, AND MORE. *OPEN CALL (APRIL 13 - JUNE 5, 2020): ON APRIL 13 THE SHED LAUNCHED ITS SECOND OPEN CALL APPLICATION CYCLE, AND BY THE TIME THE APPLICATION PERIOD CLOSED ON JUNE 5, WE HAD RECEIVED NEARLY 1,600 PROPOSALS - A 60% INCREASE OVER PROPOSALS RECEIVED IN 2018 - FROM EARLY-CAREER LOCAL ARTISTS SEEKING SUPPORT TO DEVELOP NEW WORK. THROUGHOUT JUNE INTO JULY, THE SHED WORKED WITH A DIVERSE GROUP OF 40 INDEPENDENT ARTISTS AND ARTS PROFESSIONALS TO REVIEW APPLICATIONS AND RECOMMEND PROJECTS TO ADVANCE TO PANEL. IN AUGUST, 14 PANELISTS MET VIRTUALLY AND SELECTED THE FINAL 27 ARTISTS WHO NOW MAKE UP THE OPEN CALL CLASS OF 2020. THEIR WORK WILL BE PRESENTED AT THE SHED IN 2021. *UP CLOSE (ONGOING SINCE APRIL 19, 2020): WITHIN WEEKS OF OUR CLOSURE, THE SHED CREATED AND LAUNCHED UP CLOSE, A BIMONTHLY SERIES OF NEW DIGITAL WORKS COMMISSIONED FROM PRIMARILY LOCAL, EMERGING ARTISTS - SO MANY OF WHOM WERE LEFT VULNERABLE AS THE PANDEMIC SHUTTERED THE VENUES UPON WHICH THEIR LIVELIHOODS DEPEND. THE SHED PRODUCED 15 UP CLOSE COMMISSIONS WHICH HAVE RECEIVED A TOTAL OF NEARLY 95,000 VIEWS ACROSS OUR SOCIAL MEDIA AND WEB PLATFORMS. |
| FORM 990, PART VI, SECTION A, LINE 2 | RELATIONSHIPS BETWEEN BOARD MEMBERS BOARD MEMBERS ALVARO SAIEH AND MARIA CATALINA SAIEH GUZMAN HAVE A FAMILY RELATIONSHIP. |
| FORM 990, PART VI, SECTION A, LINE 4 | SIGNIFICANT CHANGES TO GOVERNING DOCUMENTS THE ORGANIZATION'S BYLAWS WERE AMENDED ON DECEMBER 9, 2020. SIGNIFICANT CHANGES INCLUDED THE FOLLOWING: COMMITTEES: REMOVED THE FACILITIES COMMITTEE AND ESTABLISHED A DIGITAL STRATEGY AND PROGRAM COMMITTEE. CONFLICTS OF INTEREST: UNDER SECTION - 2.2 DUTY TO DISCLOSE WHEN MATTERS COME BEFORE THE BOARD. *2.2.1 WITH REGARD TO THE ARTIST MEMBERS OF THE BOARD, THE SHED FURTHER ACKNOWLEDGES THAT ARTIST BOARD MEMBERS MAY ON OCCASION CREATE, PERFORM OR PRESENT WORK AS PART OF OUR PROGRAMMING. IN RECOGNITION THAT THESE INSTANCES WILL LIKELY CONSTITUTE A SET OF DYNAMICS THAT DIFFER FROM OTHER CONFLICTS OF INTEREST DUE TO THE VARIOUS WAYS SUCH ENGAGEMENTS MAY GESTATE, THE FOLLOWING EXPECTATIONS WILL APPLY. ANY DISCUSSION THAT IS RELATED TO THE ARTIST BOARD MEMBER'S PAY, EXPENSES, REVENUE, AND/OR DEBATE ABOUT THE OVERALL VIABILITY OF THAT COMMISSION, WILL BE CAUSE FOR RECUSAL BY THE ARTIST BOARD MEMBER. ONCE FINANCIAL NEGOTIATIONS BEGIN WITH AN ARTIST FOR A SPECIFIC WORK OR COMMISSION, THE ARTIST WILL BE EXPECTED TO RECUSE THEMSELVES FROM VOTING ON ANY ORGANIZATIONAL BUDGETS THAT CONTAIN EXPENSES FOR THAT WORK. AS WITH ALL BOARD MEMBERS, IT IS THE RESPONSIBILITY OF THE ARTIST TO BE SENSITIVE TO CONFLICTS OR RAISE ISSUES THEY ARE CONCERNED MAY PRESENT CONFLICTS AND CAUSE RECUSAL. HOWEVER, THE SHED RECOGNIZES THE LIKELIHOOD THAT AN ARTIST'S CIRCUMSTANCES MAY PRESENT WITH GREATER NUANCE AS TO SUBSTANCE AND TIMING. ACCORDINGLY, THE SHED'S STAFF WILL BE RESPONSIBLE FOR ALERTING AN ARTIST BOARD MEMBER TO THE APPEARANCE OF ANY OF THE ITEMS DESCRIBED ABOVE AS PART OF THE AGENDAS OF BOARD MEETINGS OR BOARD COMMITTEE MEETINGS, AND TO ALERT THE BOARD MEMBER LEADING ANY SUCH MEETING, SO AS TO FACILITATE THE ARTIST'S APPROPRIATE RECUSAL. UNDER SECTION - 2.3 DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS. *2.3.2 NO INTERESTED PERSON SHALL VOTE ON ANY MATTER IN WHICH HE OR SHE HAS A FINANCIAL INTEREST OR IS DETERMINED TO HAVE A CONFLICT OF INTEREST. *2.3.3. NO INTERESTED PERSON MAY PARTICIPATE IN OR ATTEMPT TO INFLUENCE ANY PLANNING, DECISIONS OR VOTES REGARDING A MATTER IN WHICH HE OR SHE HAS A FINANCIAL INTEREST OR IS DETERMINED TO HAVE A CONFLICT OF INTEREST, INCLUDING FORMAL OR INFORMAL DISCUSSIONS (WHETHER ORAL, WRITTEN, OR ELECTRONIC) TAKING PLACE OUTSIDE THE CONTEXT OF BOARD OR COMMITTEE MEETINGS (E.G., IN MEETINGS WITH STAFF). |
| 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 COO ARE REVIEWED AND DETERMINED ANNUALLY BY THE SHED'S INDEPENDENT BOARD OF DIRECTORS. COMPENSATION FOR OTHER SENIOR MANAGEMENT POSITIONS BELOW THE EXECUTIVE LEVEL ARE REVIEWED AND DETERMINED BY THE CEO AND COO. 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 194,679. |
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 |