2020-11-03T15:54:34-06:00 2019-12-31 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2019-01-01 226799567 RUBIN MUSEUM OF ART AKA THE SHELLEY & DONALD RUBIN CULTURAL TRUST RUBI 2126205000 150 WEST 17TH STREET NEW YORK NY 10011 MARILENA CHRISTODOULOU CHIEF FINANCIAL OFFICER 2126205000 2020-11-03 1 CHRIS BELLANDO P00541714 2126972299 38.142.140.186 2020-11-03 10:42:02 ES P A75ECF90F4EA679C298DF903E96775B34A8C9CB0 9302FFB6CF1CC3889499E422F782799A8B0A3607 2019 2021-01-29 14:40:06Z JORRIT BRITSCHGI 150 WEST 17TH STREET NEW YORK NY 10011 25786073 0 X WWW.RUBINMUSEUM.ORG X 1999 NY THE RUBIN MUSEUM OF ART IS A DYNAMIC ENVIRONMENT THAT STIMULATES LEARNING, PROMOTES UNDERSTANDING, AND INSPIRES PERSONAL CONNECTIONS TO THE IDEAS, CULTURES, AND ART OF HIMALAYAN ASIA. 20 20 98 175 0 0 1842050 2984814 881575 841149 9165705 6140633 1343309 1188104 13232639 11154700 0 0 0 0 7185236 7642442 267895 109000 1266399 8182013 7966656 15635144 15718098 -2402505 -4563398 169132100 187436481 1579319 1492807 167552781 185943674 X THE RUBIN MUSEUM OF ART EXPLORES AND CELEBRATES THE DIVERSITY AND UNIQUENESS OF HIMALAYAN ART, IDEAS, AND CULTURE ACROSS HISTORY AND INTO THE PRESENT. WITH ITS GLOBALLY RENOWNED COLLECTION, LARGELY DRAWN FROM THE TIBETAN PLATEAU AND SURROUNDING AREAS, THE RUBIN FOSTERS AN UNDERSTANDING AND APPRECIATION OF THIS REGION BY RELATING ITS ART AND IDEAS TO OUR SHARED HUMAN EXPERIENCE TODAY. INSPIRED BY THE PHILOSOPHICAL TRADITIONS OF BUDDHISM AND HINDUISM AND ALIGNED WITH ONGOING RESEARCH INTO LEARNING, BEHAVIOR, AND THE BRAIN, THE RUBIN OFFERS INNOVATIVE EXHIBITIONS AND PROGRAMS THAT EXAMINE PROVOCATIVE IDEAS ACROSS THE ARTS AND EXPLORE THE MIND. THROUGH THIS WORK, THE MUSEUM SERVES AS A SPACE FOR REFLECTION AND PERSONAL TRANSFORMATION, OPENING WINDOWS TO INNER WORLDS SO VISITORS CAN BETTER NAVIGATE OUTER ONES. 0 0 5123018 490138 EXHIBITIONS AND INSTALLATIONS IN 2019 VISITORS ENCOUNTERED THE EXHIBITION FAITH AND EMPIRE: ART AND POLITICS IN TIBETAN BUDDHISM, WHICH FEATURED MORE THAN 60 OBJECTS FROM THE 8TH TO THE 19TH CENTURY, MANY FROM THE MUSEUM'S COLLECTION. IT EXPLORED HOW ART AND RELIGION PROVIDED A DIVINE MEANS TO POWER AND LEGITIMACY TO RULE. IN THE POWER OF INTENTION: REINVENTING THE (PRAYER) WHEEL, WORKS FROM THE COLLECTION WERE PAIRED WITH CONTEMPORARY ART TO ILLUMINATE THE RELATIONSHIP BETWEEN OUR INTENTIONS, COMMITMENTS, AND ACTIONS. VISITORS HAD MORE OPPORTUNITIES TO ENGAGE WITH CONTEMPORARY ART IN SHRINE ROOM PROJECTS: SHIVA AHMADI/GENESIS BREYER P-ORRIDGE/TSHERIN SHERPA, WHICH FEATURED ARTISTS REINTERPRETING TRADITIONAL AND RELIGIOUS ICONOGRAPHY AND PRACTICES THROUGH SCULPTURE, PAINTING, AND VIDEO, AS WELL AS IN CLAPPING WITH STONES: ART AND ACTS OF RESISTANCE, WHICH PRESENTED A MEDITATION ON THE SPIRIT OF POWER AND NON-CONFORMITY THROUGH ARTWORKS BY 10 CONTEMPORARY ARTISTS FROM AROUND THE WORLD. SHAHIDUL ALAM: TRUTH TO POWER FURTHER EXPLORED ACTS OF RESISTANCE, AS IT MARKED THE FIRST COMPREHENSIVE U.S. RETROSPECTIVE OF THE RENOWNED BANGLADESHI PHOTOGRAPHER, ACTIVIST, AND INSTITUTION BUILDER SHAHIDUL ALAM. 2591865 367240 PUBLIC PROGRAMS, EDUCATION AND VISITOR ENGAGEMENT:PUBLIC AND EDUCATION PROGRAMS OFFER DIVERSE AUDIENCES AT THE RUBIN NEW, MEANINGFUL WAYS TO ENGAGE WITH THE ART AND CULTURES OF THE HIMALAYAS. IN 2019 WE CONTINUED TO PROVIDE INNOVATIVE PROGRAMMING, INCLUDING OUR ANNUAL BRAINWAVE TALK SERIES, THE OVERNIGHT DREAM-OVER PROGRAM, WEEKLY MEDITATIONS, FILM SCREENINGS, CONCERTS, AND MORE. MORE THAN 600 SENIORS ENJOYED FREE ADMISSION, AND MORE THAN 300 PEOPLE WITH ALZHEIMER'S AND DEMENTIA (AND THEIR CARE PARTNERS) CONNECTED WITH ONE ANOTHER IN MINDFUL CONNECTIONS TOURS CREATED SPECIFICALLY FOR THEM. WE WELCOMED MORE THAN 17,000 STUDENTS AND FAMILIES TO LEARN ABOUT ASIA, ART, AND MINDFULNESS, AND WE SERVED OVER 1,000 LOW-INCOME STUDENTS IN SCHOOLS AS PART OF OUR MATH AND MANDALAS RESIDENCY PROGRAM. WE ALSO SERVED VISITORS WHO ARE BLIND OR PARTIALLY SIGHTED AND THOSE WHO ARE DEAF OR HARD OF HEARING THROUGH A WIDE RANGE OF ACCESSIBILITY PROGRAMS. 1613376 DIGITAL AND ANALOG SHARING: COMMUNICATIONS & MARKETINGIN 2019 HIMALAYAN ART AND IDEAS REACHED A GROWING GLOBAL AUDIENCE THROUGH OUR DIGITAL INITIATIVES. WE PUBLISHED THE THIRD EDITION OF SPIRAL, OUR FREE ANNUAL PRINT AND DIGITAL MAGAZINE, WHICH REACHED MORE THAN 16,000 HOUSEHOLDS AND LOCATIONS, AND THE ONLINE VERSION RECEIVED MORE THAN 29,000 DIGITAL VIEWS. THE RUBIN'S IMPACT EXTENDED THROUGH VARIOUS DIGITAL PLATFORMS, REACHING MORE THAN 267,000 FOLLOWERS AND REACHING 851,143 PEOPLE DIGITALLY. 706624 392533 PUBLICATIONS AND SHOP 706624 392533 10034883 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 198 0 1 98 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 20 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X MARILENA CHRISTODOULOU 2126205000 150 WEST 17TH STREET NEW YORK NY 10011 SHELLEY RUBIN CHAIR 5.00 X X 0 0 0 NOAH P DORSKY BOARD PRESIDENT (AS OF 1/1/2020) 1.00 X X 0 0 0 RAVI AKHOURY TRUSTEE 1.00 X 0 0 0 ROBERT M BAYLIS BOARD PRESIDENT (THROUGH 12/31/2019) 5.00 X X 0 0 0 GAVIN R BERGER TRUSTEE 1.00 X 0 0 0 CHRISTOPHER J FUSSNER TRUSTEE 1.00 X 0 0 0 SCOTT GRINSELL TRUSTEE 1.00 X 0 0 0 EVA HALLER TRUSTEE 1.00 X 0 0 0 PETER HUTCHINGS TREASURER 1.00 X X 0 0 0 WILLIAM MAYER TRUSTEE 1.00 X 0 0 0 MICHAEL MCCORMICK TRUSTEE 1.00 X 0 0 0 MATTHEW NIMETZ TRUSTEE 1.00 X 0 0 0 DAVID PRITZKER TRUSTEE 1.00 X 0 0 0 RASIKA REDDY TRUSTEE 1.00 X 0 0 0 BASHA FROST RUBIN TRUSTEE 1.00 X 0 0 0 ERIC SCHOENBERG TRUSTEE 1.00 X 0 0 0 EILEEN CAULFIELD SCHWAB TRUSTEE 1.00 X 0 0 0 MANOJ SINGH TRUSTEE 1.00 X 0 0 0 JESSE SMITH TRUSTEE 1.00 X 0 0 0 TONGTONG ZHU TRUSTEE 1.00 X 0 0 0 MARILENA CHRISTODOULOU CHIEF FINANCIAL OFFICER 40.00 X 251367 0 53321 JORRIT BRITSCHGI EXECUTIVE DIRECTOR 40.00 X 335143 0 85176 TIMOTHY MCHENRY DIRECTOR OF PROGRAMS 40.00 X 218185 0 56696 SUSAN KOTCHER DIRECTOR OF EXTERNAL AFFAIRS 40.00 X 221133 0 34707 MITCHELL S ROTH FACILITIES MANAGER & CHIEF ENGINEERING 40.00 X 147488 0 64704 ELKE C DEHNER HEAD OF MARKETING & COMMUNICATIONS 40.00 X 140352 0 44720 MICHELLE B SIMORELLA HEAD OF COLLECTIONS MANAGEMENT 40.00 X 117991 0 45381 HAZEL P KING HEAD OF HUMAN RESOURCES 40.00 X 108020 0 30257 VINCENT BAKER MANAGER OF WEB ENGINEERING 40.00 X 100225 0 24836 1639904 0 439798 9 0 1 0 US SECURITY ASSOCIATES INC PO BOX 931703 ATLANTA GA 31193 SECURITY SERVICES 527786 UOVO LLC 41-54 22ND STREET LONG ISLAND CITY NY 11101 STORAGE 359142 LAPLACA COHEN 43 WEST 24 STREET NEW YORK NY 10010 ADVERTISING AND MARKETING 334735 UNITED SERVICES OF AMERICA INC 855 MAIN STREET 9TH FL BRIDGEPORT CT 06604 HOUSEKEEPING CONTRACT SERVICES 275229 ROSSI & ROSSI LTD YALLY INDUSTRIAL BUILDING UNIT 3C 6 WONG CHUK KANG HONG KONG CH ART PURCHASES 235035 13 502780 184608 99210 2198216 35006 2984814 MUSEUM ADMISSION FEES 713990 468421 468421 PROGRAM FEES 713990 372728 372728 841149 3631099 3631099 1627671 848329 779342 779342 779342 15816883 13307349 2509534 2509534 2509534 115979 184608 115979 0 605214 359716 245498 245498 MISCELLANEOUS REVENUE 900099 163264 163264 163264 11154700 1249911 0 6919975 X 1255728 400943 675697 179088 5068349 3016930 1627556 423863 8471 306 1879 6286 852788 489218 290543 73027 457106 248575 165128 43403 22035 12275 9760 71507 71507 109000 109000 90764 90764 2288199 1701857 516836 69506 538505 503977 33014 1514 1101356 720739 277842 102775 844193 557391 233147 53655 136697 97723 35048 3926 118692 70813 30919 16960 1871711 1499010 240160 132541 186681 136462 45817 4402 PROGRAM & SUPPORTING SE 578162 526635 31522 20005 PUBLICATIONS, SUBSCRIPT 118154 52029 39677 26448 15718098 10034883 4416816 1266399 237352 93750 121308 550066 513606 1349045 165149 93066 787739 711555 139172 302208 63845489 28723758 36467992 35121731 127299217 145736380 3400565 3478680 169132100 187436481 1438545 1374869 21651 892 119123 117046 1579319 1492807 X 140661769 152703012 26891012 33240662 167552781 185943674 169132100 187436481 X -4563398 23222485 -268194 X 0 1 X 1 0 X 2575470 1493252 1995397 1842050 2984814 10890983 2575470 1493252 1995397 1842050 2984814 10890983 1035897 9855086 4723658 4966143 4913385 5713749 5258770 25575705 550815 109811 46948 69623 163264 940461 37407149 8006132 0.26350 0.17050 X THE RUBIN MUSEUM OF ART'S PERCENTAGE OF PUBLIC SUPPORT IS 26.35%. THE ORGANIZATION DOES NOT QUALIFY AS PUBLICLY SUPPORTED UNDER THE 33 1/3% TEST. HOWEVER, IT HAS A SOLICITATION PLAN FOR ATTRACTING PUBLIC SUPPORT AND A BROAD REPRESENTATIVE GOVERNING BODY; AND ITS PROGRAM SERVICES DIRECTLY BENEFIT THE GENERAL PUBLIC. THEREFORE, IT QUALIFIES AS A PUBLIC CHARITY UNDER THE FACTS AND CIRCUMSTANCES TEST OF IRC SEC. 170(B)(1)(A)(VI). RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 122205274 28880009 5000000 146085283 135889014 -8683740 5000000 122205274 110534530 8333335 22021149 5000000 135889014 102077488 4303372 9153670 5000000 110534530 121822342 4029962 253010 24027826 102077488 0.78330 0.04560 0.17110 0 0 378750 3595496 3974246 2146250 18737864 10337081 10547033 1906750 33461183 15315246 20052687 2404889 2036576 368313 49947 1164360 1034855 179452 35121731 TENANT SECURITY DEPOSITS 117046 117046 35494466 23222485 23222485 12271981 90764 -1208045 -1117281 11154700 16835379 1208045 1208045 15627334 90764 90764 15718098 PART III, LINE 1A: THE VALUE OF THE COLLECTION, WHICH WAS ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE MUSEUM'S INCEPTION, IS NOT REFLECTED AS AN ASSET ON THE STATEMENTS OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE YEAR OF ACQUISITION. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENTS OF ACTIVITIES. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES WOULD BE REFLECTED ON THE STATEMENTS OF ACTIVITIES BASED ON THE ABSENCE OR EXISTENCE AND NATURE OF DONOR-IMPOSED RESTRICTIONS. THE COLLECTION IS HELD FOR PUBLIC SERVICE RATHER THAN FINANCIAL GAIN, PROTECTED AND PRESERVED, AND SUBJECT TO AN ORGANIZATIONAL POLICY THAT REQUIRES THE PROCEEDS FROM SALES OF SUCH ITEMS TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. PART III, LINE 4: THE MUSEUM'S COLLECTION OF MORE THAN 2,000 OBJECTS IS CONSIDERED TO BE THE MOST EXTENSIVE OF ITS KIND IN THE WEST. IT INCLUDES HIMALAYAN PAINTINGS, SCULPTURE, RITUAL OBJECTS, AND PRINTS SPANNING THE PERIOD FROM THE 2ND CENTURY TO THE 21ST CENTURY. THE COLLECTION IS THE BASIS OF THE MUSEUM'S EXHIBITIONS, EDUCATION AND PUBLIC PROGRAMS WHICH ARE VIEWED AND ENJOYED BY APPROXIMATELY 200,000 PEOPLE PER YEAR. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -359,716. EXPENSES - RESIDENTIAL APARTMENTS -848,329. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 359,716. EXPENSES - RESIDENTIAL APARTMENTS 848,329. X X X 1 PENNINGTON GRAY LLC 7 WINSTON FARM LANE FAR HILLS NJ 07931 STRATEGIC CONSULTING FOR MEMBERSHIP AND ANNUAL FUND 0 0 50710 0 CHERYL STEED 173 SKILLMAN AVENUE APT 2 BROOKLYN NY 11211 CONSULTING FOR MAJOR GIFTS 0 0 23200 0 LAUREN LAVITT 311 EAST 71ST STREET APT 4G NEW YORK NY 10021 GRANT WRITER 0 0 8040 0 THOMAS A SCHLOEGEL 285A 13TH STREET BROOKLYN NY 11215 CONSULTING FOR MEMBERSHIP 0 0 27050 0 109000 GALA 300587 184608 115979 68880 47099 300587 184608 115979 68880 47099 115979 0 X 0 0 0 0 0 0 0 0 0 MARILENA CHRISTODOULOU CHIEF FINANCIAL OFFICER 232967 0 18400 0 0 0 29001 0 24320 0 304688 0 0 0 JORRIT BRITSCHGI EXECUTIVE DIRECTOR 315143 0 20000 0 0 0 47000 0 38176 0 420319 0 0 0 TIMOTHY MCHENRY DIRECTOR OF PROGRAMS 202545 0 15640 0 0 0 25848 0 30848 0 274881 0 0 0 SUSAN KOTCHER DIRECTOR OF EXTERNAL AFFAIRS 205569 0 15564 0 0 0 6924 0 27783 0 255840 0 0 0 MITCHELL S ROTH FACILITIES MANAGER & CHIEF ENGINEERI 136988 0 10500 0 0 0 16472 0 48232 0 212192 0 0 0 ELKE C DEHNER HEAD OF MARKETING & COMMUNICATIONS 129652 0 10700 0 0 0 16973 0 27747 0 185072 0 0 0 MICHELLE B SIMORELLA HEAD OF COLLECTIONS MANAGEMENT 109671 0 8320 0 0 0 14148 0 31233 0 163372 0 0 0 X 4 X 544 35006 FAIR MARKET VALUE 0 1 0 PART I, LINE 33: THE MUSEUM DOES NOT CAPITALIZE ITS COLLECTION, AND PURSUANT TO ITS ACCOUNTING POLICY, DOES NOT RECOGNIZE REVENUE FOR ANY DONATIONS OF COLLECTION ITEMS IN THE STATEMENT OF ACTIVITIES. FORM 990, PART VI, SECTION A, LINE 1 THE BOARD DELEGATES AUTHORITY TO ACT ON ITS BEHALF BETWEEN MEETINGS OF THE BOARD OF TRUSTEES TO A 9 MEMBER EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE MAY EXERCISE ALL THE POWERS OF THE TRUSTEES EXCEPT IT MAY NOT AUTHORIZE ANY ACTION WHICH REQUIRES THE VOTE OF AT LEAST TWO-THIRD OF THE TRUSTEES UNDER THE RUBIN MUSEUM OF ART'S GOVERNING DOCUMENT. ALL 9 MEMBERS OF THE EXECUTIVE COMMITTEE ARE MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 2 DONALD RUBIN, SHELLEY RUBIN AND BASHA RUBIN HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 7A WHEN ONLY ONE OF THE GRANTORS IS ACTING AS TRUSTEE, BASHA FROST RUBIN BECOMES A FAMILY MEMBER TRUSTEE. BOTH GRANTORS ARE ACTING AS TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY THE RUBIN MUSEUM OF ART'S AUDITORS, REVIEWED BY THE CHIEF FINANCIAL OFFICER AND EMAILED TO THE FULL BOARD OF TRUSTEES 3 WEEKS PRIOR TO THE DUE DATE, LEAVING 3 WEEKS FOR TRUSTEES' QUESTIONS OR COMMENTS. IT IS THEN FILED BY THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 12C THE RUBIN MUSEUM OF ART'S "CODE OF ETHICS FOR TRUSTEES, EMPLOYEES AND VOLUNTEERS" IS AGREED AND ACCEPTED IN WRITING BY ALL SUCH INDIVIDUALS WHEN THEY JOIN THE ORGANIZATION IN THEIR RESPECTIVE CAPACITIES. IN ACCORDANCE WITH THE PROVISIONS OF THIS POLICY, EACH TRUSTEE AND EMPLOYEE WITH MANAGERIAL RESPONSIBILITIES IS FURNISHED A COPY OF THIS CODE OF ETHICS AT LEAST ANNUALLY AND REQUESTED TO COMPLETE AND FILE WITH THE ORGANIZATION AN "ANNUAL CONFLICT OF INTEREST STATEMENT". THE DEPUTY EXECUTIVE DIRECTOR, CFO & COO REVIEWS ALL SUCH STATEMENTS AND, IF THERE IS A POTENTIAL OR ACTUAL CONFLICT OF INTEREST, THE DEPUTY EXECUTIVE DIRECTOR, CFO & COO BRINGS IT TO THE ATTENTION OF THE EXECUTIVE DIRECTOR AND THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS USED TO ESTABLISH COMPENSATION FOR TOP MANAGEMENT AND KEY EMPLOYEES INCLUDES REVIEW OF COMPENSATION FOR SIMILAR POSITIONS AT COMPARABLE MUSEUMS AND CHARITIES IN THE NEW YORK METROPOLITAN AREA; THE CPI FOR NYC; PERFORMANCE EVALUATIONS; AND RELATIVE PARITY WITHIN THE ORGANIZATION. THIS INFORMATION WAS PRESENTED TO THE EXECUTIVE DIRECTOR BY THE DEPUTY EXECUTIVE DIRECTOR, CFO & COO FOR THE YEAR ENDED 12/31/2019. THE COMPENSATION FOR ALL EMPLOYEES WAS THEN APPROVED BY THE EXECUTIVE DIRECTOR AND THE EXECUTIVE COMMITTEE OF THE BOARD. THIS PROCESS WAS LAST UNDERTAKEN FOR EXECUTIVE MANAGEMENT TEAM (OFFICERS AND KEY EMPLOYEES) IN DECEMBER 2019. FORM 990, PART VI, SECTION C, LINE 19 THE RUBIN MUSEUM OF ART'S FINANCIAL STATEMENTS ARE MADE PUBLIC IN ITS ANNUAL REPORT WHICH IS ALSO POSTED ON ITS WEBSITE. ITS TAX RETURN IS PUBLIC INFORMATION ON GUIDESTAR AND OTHER ORGANIZATIONS THAT MONITOR NOT-FOR-PROFITS. FORM 990, PART IX, LINE 11G CONTRACT LABOR: PROGRAM SERVICE EXPENSES 1,276,180. MANAGEMENT AND GENERAL EXPENSES 296,148. FUNDRAISING EXPENSES 65,197. TOTAL EXPENSES 1,637,525. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 425,677. MANAGEMENT AND GENERAL EXPENSES 220,688. FUNDRAISING EXPENSES 4,309. TOTAL EXPENSES 650,674. FORM 990, PART XI, LINE 9: COLLECTION ITEMS PURCHASED -268,194.