2020-07-15T12:04:53-05:00 2019-06-30 113518842 MARKS PANETH LLP 685 THIRD AVENUE NEW YORK NY 10017 990 2018-07-01 237412428 INTERNATIONAL CENTER OF PHOTOGRAPHY INTE 2128570000 1114 AVENUE OF THE AMERICAS NEW YORK NY 100367703 CPA EXECUTIVE DIRECTOR 2128570000 2020-07-15 1 MAGDALENA M CZERNIAWSKI P00535099 2125038800 2020-07-15 98.209.89.150 2020-07-15 11:56:46 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 E99CEA45C307B5E011B655275064C3D25F8033D4 2018 2020-09-23 17:36:50Z MARK LUBELL 1114 AVENUE OF THE AMERICAS NEW YORK NY 100367703 72214769 0 X WWW.ICP.ORG X 1974 NY THE INTERNATIONAL CENTER OF PHOTOGRAPHY IS A CENTER WHERE PHOTOGRAPHS ARE COLLECTED, PROTECTED, RESEARCHED, AND EXHIBITED; A PLACE WHERE STUDENTS OF ALL AGES AND ACCOMPLISHMENTS LEARN TO MAKE IMAGES AND ARE CHALLENGED BY TECHNICAL AND AESTHETIC LESSONS. ICP PROVIDES A FORUM FOR THE EXCHANGE OF IDEAS AND FOR THE USE OF PHOTOGRAPHY AS A MEDIUM FOR REVEALING THE HUMAN CONDITION. 24 24 480 150 0 0 12534849 31565091 6714253 6242525 710971 -20431 536582 339640 20496655 38126825 937730 1133525 0 0 7555300 7557977 78533 0 1540983 8605719 9780099 17177282 18471601 3319373 19655224 51011521 71308812 19279723 20030450 31731798 51278362 X THE INTERNATIONAL CENTER OF PHOTOGRAPHY IS A MUSEUM AND SCHOOL DEDICATED TO THE UNDERSTANDING AND APPRECIATION OF PHOTOGRAPHY. ICP CREATES PROGRAMS OF THE HIGHEST QUALITY TO ADVANCE KNOWLEDGE OF THE MEDIUM. THESE INCLUDE EXHIBITIONS, COLLECTIONS, AND EDUCATION FOR THE GENERAL PUBLIC, MEMBERS, STUDENTS, AND PROFESSIONALS IN THE FIELD OF PHOTOGRAPHY. 0 0 9885025 1133525 5335053 EDUCATION - ICP'S LECTURES, SEMINARS, AND WORKSHOPS COVER ALL ASPECTS OF PHOTOGRAPHY. ADULT EDUCATION COURSES TOTALING 314 IN FY 2019 WERE ATTENDED BY 3,698 STUDENTS. IN ADDITION TO THESE CONTINUING EDUCATION COURSES, ICP OFFERED 4 FULL-TIME PROGRAMS ATTENDED BY 108 STUDENTS: 3 SINGLE-YEAR CERTIFICATE PROGRAMS AND A 2-YEAR MASTER OF FINE ARTS PROGRAM IN COLLABORATION WITH BARD COLLEGE. 39 PUBLIC LECTURES WERE OFFERED AT ICP AND 5 EXHIBITIONS OF STUDENT, FACULTY, AND ALUMNI PHOTOGRAPHS WERE PRESENTED IN THE EDUCATION GALLERY. THE ICP LIBRARY, WHICH SERVES STUDENTS, FACULTY, STAFF, SCHOLARS, AND THE GENERAL PUBLIC, SERVING OVER 8,400 PATRONS ON-SITE AND RESPONDING TO OVER 7,880 TELEPHONE OR EMAIL RESEARCH REQUESTS. 2979049 EXHIBITIONS - ICP'S IN-HOUSE AND TRAVELING EXHIBITIONS REFLECT THE HISTORY OF PHOTOGRAPHIC STYLES AND APPLICATIONS. IN FY 2019, ICP PRESENTED 10 TEMPORARY EXHIBITIONS, AND 4 TRAVELING EXHIBITIONS AT VENUES AROUND THE WORLD. MUSEUM ATTENDANCE WAS 53,054. 677056 ARCHIVES & COLLECTIONS - ICP MAINTAINS A PERMANENT COLLECTION OF APPROXIMATELY 154,000 PHOTOGRAPHIC PRINTS, 5,000 TIME BASED MEDIA AUDIO, VIDEO AND MOTION PICTURE FILMS, AND 202,000 NEGATIVES. IN FY 2019, ICP ACQUIRED 1,351 NEW WORKS FOR THE COLLECTIONS, AND OVER 209 RESEARCHERS CONSULTED WORKS IN THE ICP PRINT STUDY ROOM. 13541130 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 90 0 1 480 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ NY X VICTOR F QUINONES CONTROLLER 2128570023 1114 AVENUE OF THE AMERICAS NEW YORK NY 10036 ADAM FUSS TRUSTEE 2.00 X 0 0 0 ALMUNDENA LEGORETTA VICE PRESIDENT 4.00 X X 0 0 0 BICKY KELLNER TRUSTEE 2.00 X 0 0 0 BOB JEFFREY TRUSTEE 2.00 X 0 0 0 CARYL S ENGLANDER CHAIR 8.00 X X 0 0 0 DIANE TUFT TRUSTEE 2.00 X 0 0 0 FABIAN ONETTI TRUSTEE 2.00 X 0 0 0 FRANK FILIPPO TRUSTEE 2.00 X 0 0 0 GWENDOLYN ADANIS NORTON TRUSTEE 2.00 X 0 0 0 HEATHER VRATTOS SECRETARY 4.00 X X 0 0 0 JAMES A D'AQUILA TRUSTEE 2.00 X 0 0 0 JAN W MULDER TRUSTEE 2.00 X 0 0 0 JEFFREY A ROSEN PRESIDENT 4.00 X X 0 0 0 JON D SMITH JR TRUSTEE 2.00 X 0 0 0 LISA DENNISON TRUSTEE 2.00 X 0 0 0 LORI ORDOVER TRUSTEE 2.00 X 0 0 0 MICHAEL A CLINTON TRUSTEE 2.00 X 0 0 0 NANCY BOROWICK TRUSTEE 2.00 X 0 0 0 PAT SCHOENFELD TRUSTEE 2.00 X 0 0 0 PEGGY ANDERSON VICE PRESIDENT 4.00 X X 0 0 0 PETER GUGGENHEIMER TRUSTEE (OUTGOING) 2.00 X 0 0 0 RENEE W HARBERS LIDDELL EXECUTIVE VICE PRESIDENT 4.00 X X 0 0 0 SAMUEL L MILBANK TREASURER 4.00 X X 0 0 0 STEFANO TONCHI TRUSTEE 2.00 X 0 0 0 STEPHANIE H SHUMAN VICE CHAIR 4.00 X X 0 0 0 TOM DOCTOROFF TRUSTEE (OUTGOING) 2.00 X 0 0 0 JULIE DAVIDSON CHIEF DEVELOPMENT OFFICER 40.00 X 195411 0 18885 MARK LUBELL EXECUTIVE DIRECTOR 40.00 X 348385 0 35389 PAUL PUCIATA DIRECTOR OF CAPITAL PROJEC 40.00 X 135408 0 10790 PER ERIK GYLFE DIRECTOR FOR EDUCATION 40.00 X 127851 0 14085 PHILLIP BLOCK DEP. DIR. FOR PROGRAMMING 40.00 X 173427 0 28930 TAMA O'BRIEN MANAGING DIRECTOR 40.00 X 124009 0 15113 VICTOR F QUINONES CONTROLLER 40.00 X 118360 0 13374 1222851 0 136566 9 0 1 0 GENSLER 11 E MADISON ST 300 CHICAGO IL 60602 DESIGNER 1166690 DLM PIPER LLP PO BOX 75190 BALTIMORE MD 10020 LEGAL FEES 326678 COMMUNITY COUNSELLING SERVICE CO LLC 527 MADISON AVENUE FIFTH FLOOR NEW YORK NY 10022 CAPITAL CAMPAIGN CONSULTANTS 252000 B & H PHOTO-VIDEO 420 NINTH AVENUE NEW YORK NY 10001 CAMERA EQUIPMENT RETAILER 201210 CORE Z OPERATIONS LLC ZIEGFELD BALLROOM NEW YORK NY 10018 EVENT PLANNING CONSULTANTS 182396 6 228639 926074 295880 30114498 2189424 31565091 TUITION AND EDUCATION FEES 611600 5730163 5730163 MUSEUM ADMISSIONS 900099 419862 419862 REGISTRATION FEES 900099 92500 92500 6242525 241048 241048 159973 159973 93133 0 93133 93133 93133 8518763 25000000 7578254 26201988 940509 -1201988 -261479 -1201988 940509 99720 926074 307702 -207982 -207982 145514 0 145514 145514 MISCELLANEOUS 900099 112002 112002 TRAVELING EXHIBITIONS 900099 37000 37000 149002 38126825 5335053 0 1226681 1133525 1133525 595512 105033 210066 280413 5513056 3609104 1391725 512227 172074 131060 32532 8482 652750 446001 143603 63146 624585 409700 142681 72204 227303 227303 56500 56500 90333 90333 994805 547992 148352 298461 89163 69870 5350 13943 983805 696937 233495 53373 320076 145961 149742 24373 3252044 2858685 330308 63051 120407 76786 26958 16663 838131 838131 786139 643122 143017 TEACHER AND LECTURE FEE 1282121 1280923 1198 EQUIPMENT RENTAL AND RE 159963 146448 9911 3604 DUES AND SUBSCRIPTIONS 132172 92827 38924 421 MOVING EXPENSES 110323 69368 2352 38603 336814 239657 6336 90821 18471601 13541130 3389488 1540983 4306069 475977 240560 1162236 1713709 20478615 175341 83708 44169 53117 485798 99406 38731319 667874 32920960 38063445 9057298 8081492 1963935 2386081 103682 424735 51011521 71308812 1766468 2408668 4228268 209932 13284987 14039165 3372685 19279723 20030450 X 17760586 15878677 6636453 29864926 7334759 5534759 31731798 51278362 51011521 71308812 19655224 -108660 0 X X 0 1 X 1 0 X 18387687 5384420 3227733 12534849 31565091 71099780 18387687 5384420 3227733 12534849 31565091 71099780 40578968 30520812 359801 671007 648707 839787 494154 3013456 566120 521927 474878 612789 248722 2424436 76537672 35070623 0.39880 0.62450 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING INCOME - 2014 AMOUNT: $ 566,120. 2015 AMOUNT: $ 521,927. 2016 AMOUNT: $ 474,878. 2017 AMOUNT: $ 612,789. 2018 AMOUNT: $ 99,720. MISCELLANEOUS - 2018 AMOUNT: $ 112,002. TRAVELING EXHIBITIONS - 2018 AMOUNT: $ 37,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 10279107 -200000 575476 1800000 8854583 13225713 40000 1025669 4012275 10279107 12955489 40000 1139300 909074 13225713 13634773 233686 -260963 652009 12955487 13280631 432500 546044 624402 13634773 0.71280 0.28720 0 0 29000000 29000000 327187 87553 239634 9404132 580321 8823811 38063445 X 36794307 -108660 -1133525 -1242185 38036492 90333 90333 38126825 17247743 0 17247743 90333 1133525 1223858 18471601 PART III, LINE 1A: THE CENTER'S ARCHIVES AND COLLECTION INCLUDES OVER 150,000 PRINTS BY MORE THAN 1,000 PHOTOGRAPHERS. THE CENTER ALSO MAINTAINS AN EXTENSIVE LIBRARY OF PHOTOGRAPHY BOOKS AND PUBLICATIONS. THESE RESOURCES ARE MAINTAINED FOR THE PUBLIC BENEFIT, TO BE USED IN PUBLIC EXHIBITIONS AND FOR EDUCATION AND RESEARCH ACTIVITY. IN ACCORDANCE WITH ACCOUNTING POLICIES GENERALLY FOLLOWED BY ART MUSEUMS, THE VALUE OF THESE RESOURCES HAS BEEN EXCLUDED FROM THE STATEMENTS OF FINANCIAL POSITION, AND GIFTS OF OBJECTS FOR THE COLLECTION AND LIBRARY ARE EXCLUDED FROM THE STATEMENTS OF ACTIVITIES. PURSUANT TO THE CENTER'S POLICY AND GENERALLY ACCEPTED PRACTICE AT ART MUSEUMS, PROCEEDS FROM THE SALE OF COLLECTION OR LIBRARY OBJECTS ARE USED TO ACQUIRE OTHER COLLECTION OR LIBRARY OBJECTS. SUCH PROCEEDS, TOGETHER WITH CONTRIBUTIONS AND UNCONDITIONAL PROMISES TO GIVE FOR THE PURCHASE OF ITEMS FOR THE COLLECTION AND LIBRARY, ARE CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS UNTIL ACQUISITIONS ARE MADE. THE COST OF SUCH ACQUISITIONS IS RECORDED AS A SEPARATE PROGRAM EXPENSE. PART III, LINE 4: THE PERMANENT COLLECTION AT THE INTERNATIONAL CENTER OF PHOTOGRAPHY (ICP) CONTAINS OVER 154,000 PHOTOGRAPHS. SINCE THE OPENING OF ICP IN 1974, IMPORTANT HISTORICAL AND CONTEMPORARY IMAGES HAVE BEEN ACQUIRED THROUGH A DEDICATED ACQUISITIONS COMMITTEE AND GENEROUS DONATIONS AND BEQUESTS FROM PHOTOGRAPHERS AND COLLECTORS. THE COLLECTION SPANS THE HISTORY OF THE PHOTOGRAPHIC MEDIUM, FROM DAGUERREOTYPES TO GELATIN SILVER AND DIGITAL CHROMOGENIC PRINTS. THE COLLECTION IS OPEN BY APPOINTMENT MONDAY THROUGH FRIDAY FROM 11:00 AM TO 5:00 PM. THE COLLECTION IS ACTIVELY USED BY INDEPENDENT SCHOLARS, OUTSIDE ACADEMIC INSTITUTIONS, AND ICP'S OWN EDUCATIONAL PROGRAM THROUGH CLASS VISITS, RESEARCH AND INTERNSHIP PROJECTS. THE MUSEUM PRESENTS SELECTIONS FROM THE COLLECTION WITHIN ITS LOCAL EXHIBITIONS PROGRAM AND WITHIN TRAVELING EXHIBITIONS PRESENTED INTERNATIONALLY. FURTHER, ICP LENDS PHOTOGRAPHIC WORKS TO OTHER MUSEUMS FOR PRSEENTATION TO THE PUBLIC. PART V, LINE 4: ICP'S ENDOWMENT IS INVESTED TO PRESERVE THE INFLATION-ADJUSTED VALUE OF ITS PRINCIPAL AND TO PROVIDE TOTAL RETURN TO SUPPORT THE ORGANIZATION'S PROGRAMS. THE AMOUNT OF ENDOWMENT USED EACH YEAR (ALSO KNOWN AS THE SPENDING RATE) IS CALCULATED AS 5% OF THE ENDOWMENT'S AVERAGE BALANCE OVER THE PRECEDING TWENTY QUARTERS. THE ENDOWMENT USE IS BOTH FOR ACTIVITIES THAT HAVE BEEN RESTRICTED BY THE ENDOWMENT DONOR SUCH AS EDUCATION PROGRAMS, STAFF POSITIONS, COLLECTION ACQUISITIONS, EXHIBITIONS, AND RESEARCH, AS WELL AS FOR GENERAL SUPPORT OF THE INSTITUTION'S PROGRAMS IF THE ENDOWMENT GIFT IS UNRESTRICTED BY THE DONOR. PART X, LINE 2: THE CENTER BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2019 AND 2018, IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, "INCOME TAXES," WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS -1,133,525. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 1,133,525. NORTH AMERICA 0 0 LOAN FEES REVENUE 19100 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 ROYALTIES REVENUE 159973 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 2386081 0 0 0 0 0 0 2565154 0 2565154 0 0 0 0 0 0 INFINITY AWARDS 770467 701497 68970 152758 44274 19120 ICP SPOTLIGHTS 255327 224577 30750 50121 32349 9080 1025794 926074 99720 202879 76623 28200 307702 -207982 1 HILLMAN FOUNDATION & DOCUMARY ARTS FELLOWSHIPS 6 31500 TEEN STUDENT TUITION SCHOARSHIPS 250 238925 FMV TUITION REDUCTION FULL-TIME FINANCIAL SCHOLARSHIPS 13 192187 FMV TUITION REDUCTION FULL-TIME FINANCIAL NEEDS 55 653291 FMV TUITION REDUCTION CONTINUING EDUCATION TUITION ASSISTANCE 24 17622 FMV TUITION REDUCTION PART I, LINE 2: SCHOLARSHIPS ARE PROVIDED TO FULL-TIME ONE-YEAR CERTIFICATE STUDENTS WHO HAVE SUCCESSFULLY COMPLETED THEIR FIRST TERM AT ICP. SCHOLARSHIPS ARE PROVIDED TO BOTH FIRST YEAR AND SECOND YEAR STUDENTS OF THE MASTER OF FINE ARTS PROGRAM. THE AMOUNT OF SCHOLARSHIP FUNDS AVAILABLE VARIES EACH YEAR. IN 2019, 13 STUDENTS RECEVIED TUITION ASSISTANCE IN THE FORM OF SCHOLARSHIPS. SCHOLARSHIPS ARE AWARDED BASED ON ACADEMIC PERFORMANCE. THE SCHOLARSHIP COMMITTEE REVIEWS EACH APPLICANT'S GRADES, INSTRUCTOR EVALUATIONS, AND PORTFOLIOS BEFORE DETERMINING THE AWARDS. NON-CASH ASSISTANCE IS PROVIDED TO STUDENTS IN TEEN PROGRAMS, STUDENTS WHO ASSIST FACULTY, AND EMPLOYEES. 655 STUDENTS WERE ENROLLED AND 250 OF THEM WERE ABLE TO ATTEND COURSES AT ICP THROUGH SCHOLARSHIPS. THE SCHOLARSHIPS AWARDED COVERED 50-80% OF THE CLASS FEE, DEPENDING ON NEED. SCHOLARSHIPS ARE BASED ON THE FINANCIAL NEEDS OF THE FAMILY, AS WELL AS COMMITMENT OF THE STUDENT TO PARTICIPATE IN THE PROGRAM, AS INDICATED BY A WRITTEN ESSAY IN THEIR APPLICATION. STAFF COMMUNICATE WITH THE FACULTY AND FAMILY ON AN ONGOING BASIS TO ASSESS EACH STUDENTS' SUCCESS THROUGHOUT EACH 10-WEEK COURSE. TEACHING ASSISTANTS WORK IN EXCHANGE FOR A TUITION REDUCTION OR LAB TIME IN THE DARKROOM OR DIGITAL MEDIA LAB. IN ORDER TO RECEIVE A 50% REDUCTION IN TUITION, STUDENTS ASSIST FACULTY OR OTHER EDUCATION STAFF FOR 40 HOURS PER TERM. EACH STUDENT IS MONITORED TO ENSURE THAT THEY ADHERE TO THE TIME REQUIREMENTS. 363 STUDENTS WORKED AS TEACHER ASSISTANTS DURING 2019. X X X 0 1 0 0 0 0 0 0 0 JULIE DAVIDSON CHIEF DEVELOPMENT OFFICER 195141 0 0 0 270 0 10000 0 8885 0 214296 0 0 0 MARK LUBELL EXECUTIVE DIRECTOR 329806 0 0 0 18579 0 13750 0 21639 0 383774 0 0 0 PHILLIP BLOCK DEP. DIR. FOR PROGRAMMING 171316 0 0 0 2111 0 9062 0 19868 0 202357 0 0 0 PART I, LINE 4B MARK LUBELL PARTICIPATES IN A 457(B) RETIREMENT PLAN. PART II, COLUMN B(III): THE AMOUNT IN THIS COLUMN FOR CERTAIN INDIVIDUALS REPRESENTS CONTRIBUTIONS TO 457(B) RETIREMENT PLAN. X 6 2189424 FMV 15 0 1 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B STAFF WORK CLOSELY WITH OUTSIDE AUDITORS TO PREPARE A DRAFT FORM 990, WHICH IS THEN REVIEWED BY THE AUDIT COMMITTEE. SUBSEQUENT TO ANY RECOMMENDATIONS BY THE AUDIT COMMITTEE, THE FINAL FORM 990 IS MADE AVAILABLE TO EACH MEMBER OF THE BAORD OF TRUSTEES IN ADVANCE OF THE PLANNED FILING DATE. FORM 990, PART VI, SECTION B, LINE 12C ICP REGULARLY AND CONSISTENTLY MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. THE CONFLICT OF INTEREST POLICY IS CONTAINED WITHIN ICP'S CODE OF ETHICS. EACH TRUSTEE IS PROVIDED WITH A COPY, EITHER UPON ELECTION TO THE BOARD, OR AS NEEDED, SUCH AS WHEN THE POLICY IS REVISED. EACH YEAR, TRUSTEES ARE ASKED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT. ANY POTENTIAL OR ACTUAL CONFLICTS OF INTEREST ARE REPORTED TO THE AUDIT COMMITTEE, WHICH DETERMINES IF THE MATTER NEEDS TO BE REPORTED TO THE EXECUTIVE COMMITTEE AND, IF NECESSARY, TO THE FULL BOARD. THE AUDIT COMMITTEE IS ALSO REQUIRED TO REVIEW ACTUAL OR POTENTIAL CONFLICTS OF INTEREST OF PROSPECTIVE TRUSTEES AND REPORT ON THE MATTER TO THE FULL BOARD BEFORE THE NOMINATION IS ACTED UPON. ALL STAFF RECEIVE A COPY OF THE CODE OF ETHICS AND ARE EXPECTED TO FAMILIARIZE THEMSELVES WITH THE POLICY AND ABIDE BY ITS MANDATES. POTENTIAL CONFLICTS THAT KEY STAFF MAY ENCOUNTER ARE MANAGED BY THE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S COMPENSATION IS REVIEWED BY THE COMPENSATION COMMITTEE, WHOSE MEMBERS ARE THE BOARD'S PRESIDENT, CHAIR, AND TREASURER, WHICH RECOMMENDS AN AMOUNT TO BE APPROVED BY THE ENTIRE BOARD BEFORE IMPLEMENTATION. THE COMMITTEE REVIEWS DATA FROM ANNUAL SALARY SURVEYS SUCH AS THOSE CONDUCTED BY THE ASSOCIATION OF ART MUSEUM DIRECTORS AND THE MUSEUM ASSOCIATION OF NEW YORK, AS WELL AS COMPENSATION DATA FROM SPECIFIC MUSEUMS IN NEW YORK CITY. THE COMMITTEE ALSO REVIEWS THE OFFICER'S INTERNAL PERFORMANCE APPRAISALS, HIS COMPENSATION HISTORY, AND ANY OTHER RELEVANT INFORMATION. THE BOARD'S APPROVAL IS RECORDED IN THE MINUTES AND A MEMO AUTHORIZING THE INCREASE IS PLACED IN THE OFFICER'S PERSONNEL FILE. THE COMPENSATION FOR THE TOP MANAGEMENT OFFICIAL IS ALSO BENCHMARKED TO SALARY SURVEYS AND OTHER NEW YORK CITY MUSEUMS AND ARE REVIEWED ANNUALLY BY THE BOARD'S COMPENSATION COMMITTEE. MEMOS AUTHROIZING ANY COMPENSATION INCREASE ARE PLACED IN THEIR PERSONNEL FILES. FORM 990, PART VI, SECTION C, LINE 19 ICP'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.