2020-10-22T10:43:34-05:00 2019-12-31 111986323 MARCUM LLP 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 990 2019-01-01 203985447 NEWSEUM INC NEWS 2022926100 300 NEW JERSEY AVENUE NW SUITE 80 WASHINGTON DC 20001 NICOLE F MANDEVILLE SVP, FINANCE/CFO/TREASURER 2022926100 2020-10-22 1 AARON M FOX P01365820 2022274000 2020-10-22 47.19.127.190 2020-10-22 08:50:25 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 2270870E5AC7EBBD0B361335193D8AAA5AB6242B 2019 2021-01-29 14:40:06Z X NICOLE F MANDEVILLE 300 NEW JERSEY AVENUE NW SUITE 800 WASHINGTON DC 20001 32111530 0 X WWW.NEWSEUM.ORG X 2005 DC EDUCATES THE PUBLIC ABOUT THE VALUE OF FREE PRESS & TELLS STORIES OF THE WORLD'S IMPORTANT EVENTS. 14 9 190 78 13721230 1629688 28891129 1913802 24388413 23491182 207000 351556 1102112 875055 54588654 26631595 803382 687328 0 0 15034908 16428181 43260 62954 3535383 42722702 37823799 58604252 55002262 -4015598 -28370667 91624335 85581403 30584783 52522900 61039552 33058503 X THE NEWSEUM EDUCATES THE PUBLIC ABOUT THE VALUE OF A FREE PRESS IN A FREE SOCIETY AND TELLS THE STORIES OF THE WORLD'S IMPORTANT EVENTS IN UNIQUE AND ENGAGING WAYS. 0 0 10478280 THE CONFERENCE CENTER DEPARTMENT PROVIDES CATERING AND EVENT PLANNING FOR MEETINGS AND EVENTS. 5606027 8521659 THE MUSEUM ACTIVITIES PROVIDE VISITOR SERVICES, EXHIBIT DEVELOPMENT, AND COLLECTIONS MANAGEMENT. 4279651 MARKETING AND ADVERTISING DEPARTMENT PROVIDES MARKETING AND MEDIA RELATIONS SUPPORT TO MAINTAIN AWARENESS OF THE NEWSEUM. 4242472 ENGINEERING 3337598 EXHIBIT DEVELOPMENT 2823327 COLLECTIONS AND VISUAL RECOURCES 2266807 FOOD COURT 2158672 PARKING GARAGE 687328 687328 GRANT TO FREEDOM FORUM INSTITUTE PROGRAMS 175093 VIDEO AND INTERACTIVE PRODUCTIONS 15691297 687328 36055255 1 1 0 0 0 0 0 1 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 119 0 1 190 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 14 9 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AL AR CA CT FL GA IL KS KY MA MD MI MN MS NC NH NJ NM NY OH OK OR PA RI SC TN UT VA WI WV X NICOLE F MANDEVILLE 2022926100 300 NEW JERSEY AVENUE NW SUITE 800 WASHINGTON DC 20001 JAN NEUHARTH TRUSTEE 10.00 30.00 X 0 442651 15147 NICOLE F MANDEVILLE SVP, FINANCE/CFO/TREASURER 10.00 30.00 X 0 403471 16476 SERGIO FURMAN SVP & CHIEF DEV. OFFICER 30.00 10.00 X 369794 0 23922 PAMELA Y GALLOWAY-TABB COO, CONFERENCE SERVICES 29.00 11.00 X 289811 0 23889 CARRIE CHRISTOFFERSEN SVP, EXEC. DIRECTOR & CURATOR 40.00 X 255907 0 10215 SHERRY MINEAR VP AND CONTROLLER 10.00 30.00 X 0 191954 7487 EMILY NICHOLSON SIMCOX VP, DEVELOPMENT 30.00 10.00 X 161229 0 20821 STEPHEN BROWN SENIOR DIRECTOR/IT 40.00 X 159221 0 18887 GEORGE YANG MANAGER/NETWORK & TELECOMM 40.00 X 159847 0 15950 JONATHAN THOMPSON VP, MARKETING 40.00 X 152850 0 15415 PATRICIA RHULE VP, CONTENT & EXH. DEV. 40.00 X 152940 0 13678 CORY LECKEY DIRECTOR/FACILITIES 40.00 X 150351 0 12459 CINDY KEITH VP, HUMAN RESOURCES 10.00 30.00 X 0 148634 10344 WILLIE PACE DIRECTOR/ENGINEERING 40.00 X 128573 0 19526 NATE TUCKER VP, OPERATIONS 40.00 X 119771 0 15579 DOUG YUAN DIRECTOR/PRODUCTION, EXEC. PRODUCER 40.00 X 124952 0 9783 SHELBY COFFEY III VICE CHAIR 5.00 X X 120000 0 0 PETER S PRICHARD CHAIR 5.00 11.00 X X 0 49500 0 MALCOLM R KIRSCHENBAUM TRUSTEE 5.00 11.00 X 0 43500 0 MICHAEL COLEMAN SECRETARY 5.00 11.00 X X 0 24500 0 ANTOINETTE C BUSH TRUSTEE 5.00 X 0 0 0 R DAVID EDELMAN TRUSTEE 5.00 1.00 X 0 0 0 MURRAY GARNICK TRUSTEE 5.00 X 0 0 0 STANLEY E HUBBARD II TRUSTEE 5.00 X 0 0 0 ALEJANDRO JUNCO DE LA VEGA ELIZONDO, TRUSTEE 5.00 X 0 0 0 JENNIFER PRESTON TRUSTEE 5.00 X 0 0 0 MICHAEL REGAN TRUSTEE 5.00 X 0 0 0 JOHN M SEIGENTHALER TRUSTEE 5.00 1.00 X 0 0 0 ESTHER WOJCICKI TRUSTEE 5.00 1.00 X 0 0 0 2345246 1304210 249578 20 0 1 0 ABM JANITORIAL SERVICES 551 FIFTH AVENUE SUITE 300 NEW YORK NY 10176 JANITORIAL SERVICES 1787433 UNIVERSAL PROTECTION SERVICE LP 1551 N TUSTIN AVE 650 SANTA ANA CA 92705 SECURITY CONSULTANTS 1730684 PARTY RENTAL LTD 275 NORTH STREET TEETERBORO NJ 07608 CATERING SUPPLY RENTAL 789492 RESTAURANT ASSOCIATES 132 W 31ST STREET SUITE 601 NEW YORK NY 10001 CATERING MANAGEMENT 703507 SEQUENTUR LLC 1300 I STREET NW SUITE 400E WASHINGTON DC 20005 TECHNOLOGY SERVICES 659158 10 95861 358220 1459721 413670 1913802 FACILITIES RENTAL AND CATERING 532000 12971052 12971052 ADMISSIONS 900099 8513422 8513422 FOOD COURT 900099 1722354 1722354 CONSULTING REVENUE 900099 276117 276117 PHOTOGRAPHY AND OTHER PROGRAMS 900099 7790 7790 447 447 23491182 350538 350538 5037365 5014868 22497 22497 -369691 392188 424667 423649 1018 1018 1018 34290 358220 41418 -7128 -7128 PARKING GARAGE 900004 843752 843752 OTHER INCOME 900099 15934 15934 859686 26631595 8521659 13721230 2474904 687328 687328 1745721 1243127 247546 255048 13122436 10534779 2004159 583498 779005 530308 158542 90155 162744 112756 35669 14319 618275 421474 124267 72534 62954 62954 1719457 1125527 472250 121680 1053067 1053067 3821446 3101154 663029 57263 472698 159808 312890 6603558 428678 6174880 113463 54745 29150 29568 387420 46264 10977 330179 10032635 7429059 1680716 922860 6722026 4959513 1140287 622226 15839 15839 UBI TAX EXPENSE 410040 410040 OVERHEAD ALLOCATION 4752216 2441845 1937272 373099 PRODUCT COST 1341450 1341450 EXHIBIT EXPENSES 198831 198831 179653 169703 9950 55002262 36055255 15411624 3535383 2860404 1865613 25324412 32113404 281525 3153 514393 349102 1883656 1496797 64643179 14987765 50967573 49655414 9792372 97920 91624335 85581403 830576 827954 718431 0 28961474 28157711 74302 23537235 30584783 52522900 X 60517186 33006852 522366 51651 61039552 33058503 91624335 85581403 X -28370667 476 389142 X 0 1 X 1 0 X X X 1 FREEDOM FORUM INSTITUTE INC 200617900 2 1 687328 0 1 687328 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 23367716 23367716 37780620 12193083 25587537 928857 709813 219044 2565986 2084869 481117 49655414 RESIDENT SECURITY DEPOSIT 30909 DUE TO THE FREEDOM FORUM, INC. 23506326 23537235 X 32009377 476 379548 5056286 5436310 26573067 58528 58528 26631595 59990426 379548 5056286 5435834 54554592 447670 447670 55002262 PART III, LINE 1A: THE COMPANY ACQUIRES ITS COLLECTIONS, WHICH INCLUDE VARIOUS HISTORICAL DOCUMENTS AND ARTIFACTS, PRIMARILY BY DONATION OR LOAN, AS WELL AS BY OCCASIONAL PURCHASES. ALL COLLECTIONS ARE HELD FOR PUBLIC EXHIBITION, EDUCATION OR RESEARCH. EACH OF THE ITEMS IS CATALOGUED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE CONTINUOUSLY PERFORMED. THE COLLECTIONS ARE NOT RECOGNIZED AS ASSETS IN THE ACCOMPANYING CONSOLIDATED STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES WOULD BE REFLECTED AS INCREASES IN THE TEMPORARILY RESTRICTED NET ASSET CLASS. PART III, LINE 4: ALL COLLECTIONS ARE HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH. PART X, LINE 2: THE NEWSEUM REVIEWS AND ASSESSES ALL ACTIVITIES ANNUALLY TO IDENTIFY ANY CHANGES IN THE SCOPE OF ITS ACTIVITIES AND REVENUE SOURCES AND THE TAX TREATMENT THEREOF TO IDENTIFY ANY UNCERTAINTY IN INCOME TAXES. FOR THE YEAR ENDED DECEMBER 31, 2019, MANAGEMENT DID NOT IDENTIFY ANY UNCERTAINTY IN INCOME TAXES REQUIRING RECOGNITION OR DISCLOSURE IN THESE CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 5,014,868. FUNDRAISING EVENT EXPENSES 41,418. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT INCOME - NEWSEUM RESIDENTIAL 58,528. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 5,014,868. FUNDRAISING EVENT EXPENSES 41,418. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT INCOME - NEWSEUM RESIDENTIAL 58,528. NET PERIODIC BENEFIT COST 389,142. X X X X 1 SCHULTZ & WILLIAMS INC 325 CHESTNUT STREET SUITE 700 PHILADELPHIA PA 191062422 DIRECT MAIL 0 89187 62954 26233 89187 62954 26233 AL AK AR CA CO CT DC FL GA IL KS KY LA ME MD MA MI MN MS MO NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI FREE EXPRESSION GALA 392510 358220 34290 41418 392510 358220 34290 41418 41418 -7128 SCHEDULE G, PART I, COLUMN (V) THE NEWSEUM PAID A TOTAL OF $62,954 TO SCHULTZ & WILLIAMS, INC. IN PROFESSIONAL FUNDRAISING FEES OF WHICH $39,796 WERE ATTRIBUTED TO REIMBURSED FUNDRAISING EXPENSES. 1 FREEDOM FORUM INSTITUTE INC 1207 18TH STREET SOUTH NASHVILLE TN 37212 200617900 501(C)(3) 687328 GENERAL SUPPORT 1 0 PART I, LINE 2: THE NEWSEUM WORKS WITH THE INSTITUTE IN FURTHERANCE OF ITS EDUCATIONAL PROGRAMS AND MONITORS ACTIVITIES AND EXPENDITURES CLOSELY. X X X X 0 0 0 0 0 0 0 0 0 JAN NEUHARTH TRUSTEE 0 351455 0 0 0 91196 0 8400 0 6747 0 457798 0 0 NICOLE F MANDEVILLE SVP, FINANCE/CFO/TREASURER 0 348044 0 0 0 55427 0 8400 0 8076 0 419947 0 0 SERGIO FURMAN SVP & CHIEF DEV. OFFICER 319633 0 0 0 50161 0 7989 0 15933 0 393716 0 0 0 PAMELA Y GALLOWAY-TABB COO, CONFERENCE SERVICES 249885 0 12500 0 27426 0 7353 0 16536 0 313700 0 0 0 CARRIE CHRISTOFFERSEN SVP, EXEC. DIRECTOR & CURATOR 251850 0 0 0 4057 0 7502 0 2713 0 266122 0 0 0 SHERRY MINEAR VP AND CONTROLLER 0 180028 0 0 0 11926 0 5740 0 1747 0 199441 0 0 EMILY NICHOLSON SIMCOX VP, DEVELOPMENT 149094 0 0 0 12135 0 5237 0 15584 0 182050 0 0 0 STEPHEN BROWN SENIOR DIRECTOR/IT 147317 0 0 0 11904 0 3328 0 15559 0 178108 0 0 0 GEORGE YANG MANAGER/NETWORK & TELECOMM 141423 0 0 0 18424 0 4913 0 11037 0 175797 0 0 0 JONATHAN THOMPSON VP, MARKETING 133585 0 0 0 19265 0 4838 0 10577 0 168265 0 0 0 PATRICIA RHULE VP, CONTENT & EXH. DEV. 143163 0 0 0 9777 0 3279 0 10399 0 166618 0 0 0 CORY LECKEY DIRECTOR/FACILITIES 147760 0 0 0 2591 0 0 0 12459 0 162810 0 0 0 CINDY KEITH VP, HUMAN RESOURCES 0 141135 0 0 0 7499 0 4514 0 5830 0 158978 0 0 X 3 413670 FMV 0 0 0 PART I, COLUMN (B): THIS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTIONS, NOT THE NUMBER OF SHARES DONATED. FORM 990, PART VI, SECTION A, LINE 6 THE FREEDOM FORUM INSTITUTE, INC. IS THE SOLE MEMBER OF NEWSEUM, INC. FORM 990, PART VI, SECTION A, LINE 7A FREEDOM FORUM INSTITUTE, INC. ELECTS ALL THE MEMBERS OF THE GOVERNING BODY FOR NEWSEUM, INC. FORM 990, PART VI, SECTION B, LINE 11B THE NEWSEUM'S AUDIT COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE FEDERAL FORM 990 IN A FORMAL PRESENTATION. A REPRESENTATIVE FROM THE INDEPENDENT ACCOUNTING FIRM, WHO SIGNS THE RETURN, ATTENDS THE MEETING, PRESENTS THE RETURN, AND IS AVAILABLE TO ANSWER ANY QUESTIONS. THE AUDIT COMMITTEE PRESENTS ITS REPORT OF DELIBERATIONS TO THE FULL BOARD OF TRUSTEES AND MAKES THE 990 AVAILABLE TO ALL MEMBERS OF THE BOARD PRIOR TO THE FILING OF THE FEDERAL FORM 990 WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, ALL OFFICERS, TRUSTEES, AND KEY EMPLOYEES RECEIVE A COPY OF THE CONFLICT OF INTEREST POLICY AND AN INDEPEDENCE DISCLOSURE QUESTIONNAIRE. THE CONFLICT OF INTEREST POLICY PROVIDES DETAIL ON THE PROCEDURES TO BE USED IN ADDRESSING CONFLICTS AND ANY VIOLATIONS OF THE CONFLICT OF INTEREST POLICY. A COPY OF THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST. SHOULD A POTENTIAL CONFLICT OF INTEREST EXIST, THE CHAIRPERSON OF THE BOARD OR COMMITTEE MAY, IF APPROPRIATE, APPOINTS A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE BOARD OR COMMITTEE DETERMINES WHETHER THE CORPORATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IN LIGHT OF THE FACTS AND ALTERNATIVES, THE BOARD OR COMMITTEE DETERMINES BY A MAJORITY VOTE OF THE DISINTERESTED TRUSTEES WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH SUCH DETERMINATION THE COMMITTEE MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15 BIANNUALLY, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES RETAINS THE SERVICES OF A THIRD PARTY INDEPENDENT CONSULTANT. THE CONSULTANT CONDUCTS AN INTERMEDIATE SANCTIONS COMPLIANCE ANALYSIS FOR THE NEWSEUM IN EFFORTS TO COMPLY WITH INTERMEDIATE SANCTIONS LEGISLATION. THE METHODOLOGY EMPLOYED INCLUDES COLLECTING BASE SALARY AND TOTAL CASH COMPENSATION FROM NATIONALLY PUBLISHED SURVEY SOURCES; CREATING PEER GROUPS CONSISTING OF SIMILAR-SIZED ORGANIZATIONS AND ANALYZING COMPETITIVENESS OF TOTAL CASH COMPENSATION FOR NON-PROFIT ORGANIZATIONS (USING FORM 990); COLLECTING CURRENT BENEFIT AND PREREQUISITE OFFERINGS FROM NATIONAL PUBLISHED SURVEY SOURCES; UTILIZING NEWSEUM'S COMPENSATION PHILOSOPHY TO EVALUATE COMPENSATION. THE EXECUTIVE COMMITTEE REVIEWS THE INTERMEDIATE SANCTIONS COMPLIANCE REPORT IN DETAIL AND ASCERTAINS THE REASONABLENESS OF THE NEWSEUM'S TOTAL REWARDS BASED ON THE THIRD PARTY ANALYSIS. THE COMMITTEE THEN AUTHORIZES THE USE OF THE SAFE HARBOR/REBUTTABLE PRESUMPTION AND APPROVES COMPENSATION, ALL OF WHICH IS DOCUMENTED IN CONTEMPORANEOUS WRITTEN MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE NEWSEUM MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, FEDERAL FORM 990 AND 990-T AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: NET PERIODIC BENEFIT COST 389,142. NEWSEUM RESIDENCES LLC 565 PENNSYLVANIA AVENUE NW WASHINGTON DC 20001 208680315 APARTMENT RENTAL DC 4586649 52149679 NEWSEUM INC FREEDOM FORUM INSTITUTE INC 1207 18TH STREET SOUTH NASHVILLE TN 37212 200617900 EDUCATION DC 501(C)(3) LINE 2 FREEDOM FORUM 0 THE FREEDOM FORUM INC 300 NEW JERSEY AVENUE NW SUITE 800 WASHINGTON DC 20001 541604427 PRIVATE OPERATING FOUNDATION DC 501(C)(3) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0