2019-07-16T09:12:53-05:00 2018-08-31 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2017-09-01 131623881 AMERICAN ACADEMY IN ROME AMER 2127517200 7 EAST 60TH STREET NEW YORK NY 100221001 JENNI KIM VP FINANCE AND ADMINISTRATION 2127517200 2019-07-15 1 JENNIFER COATES P02247728 2126972299 38.142.140.186 2019-07-15 12:09:10 ED P 346D1650512CA940E5FAB8343674F12C8357897F 9302FFB6CF1CC3889499E422F782799A8B0A3607 2017 2019-02-21 02:37:17Z MARK ROBBINS 7 EAST 60TH STREET NEW YORK NY 100221001 34944707 0 X WWW.AAROME.ORG X 1894 NY THE AMERICAN ACADEMY IN ROME SUPPORTS INNOVATIVE ARTISTS AND SCHOLARS LIVING AND WORKING TOGETHER IN A DYNAMIC INTERNATIONAL COMMUNITY IN ROME. 48 48 24 47 25786 36309 6865556 6213420 2228163 2381810 3497982 5193958 147043 46871 12738744 13836059 870467 859700 0 0 4990197 5198284 0 0 1489409 6650366 6785162 12511030 12843146 227714 992913 131822230 132556666 2844318 2897372 128977912 129659294 X THE AMERICAN ACADEMY IN ROME SUPPORTS INNOVATIVE ARTISTS AND SCHOLARS LIVING AND WORKING TOGETHER IN A DYNAMIC INTERNATIONAL COMMUNITY IN ROME. 0 0 5140968 809500 2381810 FELLOWSHIPS AND RESIDENCIES:THROUGH ITS ANNUAL ROME PRIZE FELLOWSHIP PROGRAM, THE ACADEMY SUPPORTED THIRTY-THREE INDIVIDUALS WORKING IN ARCHITECTURE, ANCIENT STUDIES, DESIGN, HISTORIC PRESERVATION AND CONSERVATION, LANDSCAPE ARCHITECTURE, LITERATURE, MEDIEVAL STUDIES, MODERN ITALIAN STUDIES, MUSICAL COMPOSITION, RENAISSANCE AND EARLY MODERN STUDIES, AND VISUAL ARTS. THE FELLOWSHIP WINNERS IN RESIDENCE AT THE ACADEMY PURSUE THEIR OWN INDEPENDENT PROJECTS FOR PERIODS OF 5 MONTHS TO 2 YEARS. IN ADDITION, THE ACADEMY COMMUNITY INCLUDED SIXTEEN RESIDENTS, WHO ARE EMINENT ARTISTS AND SCHOLARS WHO STAY AT THE ACADEMY FOR PERIODS UP TO 4 MONTHS, TWENTY-THREE AFFILIATED FELLOWS, SELECTED BY SPONSORING INSTITUTIONS, AND SIX ITALIAN FELLOWS, SELECTED BY THE ACADEMY TO STAY AT THE ACADEMY FOR PERIODS OF 3 OR 4 MONTHS. 1538817 OTHER RESIDENTIAL PROGRAMS:THE ACADEMY COMMUNITY INCLUDED 130 VISITING ARTISTS AND SCHOLARS WHO RENT ROOMS, APARTMENTS, STUDY SPACES, AND STUDIOS WHILE PURSUING THEIR RESEARCH IN ROME. 1524232 ARTHUR AND JANET C. ROSS LIBRARY:THE LIBRARY'S WIDE-RANGING CATALOGUE INCLUDES INVALUABLE COLLECTIONS IN HISTORY, ARCHAEOLOGY, AND THE ART OF ROME AND ITALY. IT INCLUDES AN EXTENSIVE PHOTOGRAPHIC ARCHIVE DOCUMENTING ROME'S MANY MONUMENTS AS WELL AS A COMPREHENSIVE RECORD OF THE WORK OF PAST ROME PRIZE FELLOWS, AND A SMALL BUT VARIED TEACHING COLLECTION OF ANTIQUITIES RANGING FROM STATUES AND INSCRIPTIONS TO POTTERY AND MILLSTONES. WITH OVER 167,000 HOLDINGS IN CLASSICAL STUDIES AND THE HISTORY OF ART AND ARCHITECTURE, THE LIBRARY IS WIDELY RESPECTED FOR ITS COLLECTIONS IN ANCIENT MEDITERRANEAN ARCHAEOLOGY AND ART, GREEK AND LATIN LITERATURE, ANCIENT TOPOGRAPHY INCLUDING THE HISTORY OF THE CITY OF ROME, ANCIENT RELIGIONS, AS WELL AS RELATED FIELDS SUCH AS EPIGRAPHY, NUMISMATICS AND PAPYROLOGY. THE RARE BOOK COLLECTION CONSISTS CHIEFLY OF 16TH TO 18TH CENTURY IMPRINTS IN CLASSICAL STUDIES, ARCHAEOLOGY, ART, AND ARCHITECTURE, INCLUDING A SIZEABLE COLLECTION OF ROMAN GUIDEBOOKS AND EARLY ART TREATISES. FURTHER INCLUDED ARE TITLES IN CONTEMPORARY ART AND ARCHITECTURE, LANDSCAPE ARCHITECTURE, ITALIAN HISTORY AND LITERATURE, AMERICAN LITERATURE, HISTORICAL TRAVEL BOOKS, AND MUSIC. THE MAIN USERS OF THE LIBRARY ARE THE FELLOWS AND RESIDENTS OF THE AMERICAN ACADEMY, BUT READING PASSES ARE ALSO ISSUED TO ITALIAN SCHOLARS, QUALIFIED ROMAN RESIDENTS, AND VISITING ARTISTS AND SCHOLARS. THE LIBRARY COUNTS APPROXIMATELY 9,000 VISITS ANNUALLY. 1677464 50200 ARTS AND HUMANITIES EVENTS, SUMMER PROGRAMS, PUBLICATIONS AND OTHER PROGRAMS.THE ARTHUR AND JANET C. ROSS LIBRARY OF THE AMERICAN ACADEMY IN ROME CONTAINS OVER 167,000 HOLDINGS IN THE FIELDS OF CLASSICAL STUDIES, AND THE HISTORY OF ART AND ARCHITECTURE. ESPECIALLY STRONG, ARE THE COLLECTIONS IN ANCIENT MEDITERRANEAN ARCHAEOLOGY AND ART, GREEK AND LATIN LITERATURE, ANCIENT TOPOGRAPHY (INCLUDING THE HISTORY OF THE CITY OF ROME), ANCIENT RELIGIONS, AND RELATED FIELDS SUCH AS EPIGRAPHY, NUMISMATICS AND PAPYROLOGY. THE RARE BOOK COLLECTION COMPRISES CHIEFLY 16TH-18TH CENTURY IMPRINTS IN CLASSICAL STUDIES, ARCHAEOLOGY, ART AND ARCHITECTURE, INCLUDING SIZEABLE COLLECTIONS OF ROMAN GUIDEBOOKS AND EARLY ART TREATISES.THE PHOTOGRAPHIC ARCHIVE OF THE AMERICAN ACADEMY IN ROME CONSISTS OF SEVERAL VALUABLE AND SPECIALIZED COLLECTIONS OF PHOTOGRAPHS ON ARCHAEOLOGY, ARCHITECTURE AND ART, AS WELL AS LANDSCAPE ARCHITECTURE AND GARDENS. IT ALSO INCLUDES SPECIAL COLLECTIONS IMPORTANT TO THE HISTORY OF THE ACADEMY.THE AMERICAN ACADEMY IN ROME FURTHER MAINTAINS A SMALL BUT VARIED COLLECTION OF ARCHAEOLOGICAL ARTIFACTS AVAILABLE FOR STUDY. THE COLLECTION INCLUDES POTTERY, FROM GREEK GEOMETRIC VASES OF THE EIGHTH CENTURY BC TO ROMAN COMMON WARE OF THE LATER EMPIRE, ARCHITECTURAL TERRACOTTAS, CINERARY URNS, VOTIVE OBJECTS, JEWELRY, COINS, OIL LAMPS, ALL SORTS OF SCULPTURE (IN TERRACOTTA AND STONE, IN RELIEF AND IN THE ROUND), ETRUSCAN MIRRORS, AND SAMPLES OF THE MOST IMPORTANT ANCIENT MARBLE TYPES.THESE MATERIALS ARE USED FOR EDUCATION, STUDY, AND RESEARCH PURPOSES. 1677464 50200 9881481 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 0 1 0 1 1 0 1 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 24 0 1 24 1 1 1 1 IT 0 0 0 1 1 0 0 0 0 X 48 48 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X JENNI KIM 2127517200 7 EAST 60TH STREET NEW YORK NY 100221001 MARY MARGARET JONES CHAIR 5.00 X X 0 0 0 PROFESSOR C BRIAN ROSE VICE-CHAIR 2.00 X X 0 0 0 NANCY NOVOGROD SECRETARY 2.00 X X 0 0 0 MARK ROBBINS PRESIDENT 50.00 X X 421627 0 34607 JOHN M SHAPIRO VICE-CHAIR 2.00 X X 0 0 0 LAURIE ANDERSON TRUSTEE 1.00 X 0 0 0 PIERPAOLO BARZAN TRUSTEE 1.00 X 0 0 0 CYNTHIA L BECK TRUSTEE 1.00 X 0 0 0 SUSANNA BORGHESE TRUSTEE 1.00 X 0 0 0 JIM BRENNAN TRUSTEE 1.00 X 0 0 0 MARTIN BRODY TRUSTEE 1.00 X 0 0 0 VINCENT BUONANNO TRUSTEE 1.00 X 0 0 0 ANTHONY CORBEILL TRUSTEE 1.00 X 0 0 0 CARY J DAVIS TRUSTEE 1.00 X 0 0 0 SHARON DAVIS TRUSTEE 1.00 X 0 0 0 GINEVRA ELKANN TRUSTEE 1.00 X 0 0 0 MARY E FRANK TRUSTEE 1.00 X 0 0 0 LYLE ASHTON HARRIS TRUSTEE 1.00 X 0 0 0 PROFESSOR WALTER J HOOD TRUSTEE 1.00 X 0 0 0 PROFESSOR THOMAS FORREST KELLY TRUSTEE 1.00 X 0 0 0 DAVID I KERTZER TRUSTEE 1.00 X 0 0 0 DR DAVID A LANG TRUSTEE 1.00 X 0 0 0 PAUL S LEVY TRUSTEE 1.00 X 0 0 0 THOMAS MAYNE TRUSTEE 1.00 X 0 0 0 WILLIAM B MCGURN III TRUSTEE 1.00 X 0 0 0 ROBERTO A MIGNONE TREASURER 1.00 X X 0 0 0 DR HELEN NAGY TRUSTEE 1.00 X 0 0 0 SIMON MORDANT TRUSTEE 1.00 X 0 0 0 JESSIE PRICE TRUSTEE 1.00 X 0 0 0 FRANCINE C PROSE TRUSTEE 1.00 X 0 0 0 PROFESSOR MICHAEL CJPUTNAM TRUSTEE 1.00 X 0 0 0 MICHAEL ROCK TRUSTEE 1.00 X 0 0 0 JOHN FW ROGERS VICE-CHAIR 1.00 X 0 0 0 LOUISA STUDE SAROFIM TRUSTEE 1.00 X 0 0 0 PROFESSOR FRANK M SNOWDEN TRUSTEE 1.00 X 0 0 0 DAVID M STONE TRUSTEE 1.00 X 0 0 0 ROBERT STORR TRUSTEE 1.00 X 0 0 0 CALVIN TSAO TRUSTEE 1.00 X 0 0 0 ADAM D WEINBERG TRUSTEE 1.00 X 0 0 0 CHARLES K WILLIAMS TRUSTEE 1.00 X 0 0 0 TOD WILLIAMS TRUSTEE 1.00 X 0 0 0 FRED D WILSON TRUSTEE 1.00 X 0 0 0 BARBARA ZALAZNICK TRUSTEE 1.00 X 0 0 0 JAMES PALLOTTA TRUSTEE 1.00 X 0 0 0 KELLY POWELL TRUSTEE 1.00 X 0 0 0 JOHN PHILLIPS TRUSTEE 1.00 X 0 0 0 JENNI KIM VP FOR FINANCE AND ADMIN. 50.00 X 194656 0 28645 CHRISTINE BEGLEY VP FOR DEVELOPMENT 50.00 X 219664 0 23338 PAOLA GAETANI GENERAL MANAGER 50.00 X 184854 0 50818 CRISTINA PUGLISI DEPUTY DIRECTOR 50.00 X 136536 0 32129 SEBASTIAN HIERL DRUE HEINZ LIBRARIAN 50.00 X 129685 0 45290 1287022 0 214827 4 0 1 0 CONZORZIO ISTANT SERVICE VIA ROBERTO AGO 68/70 ROME IT 00155 KITCHEN STAFFING 143836 BIASER IMPIANTI SRL VIA FVITALINI 23 ROME IT 00155 BUILDING RENOVATIONS 143359 AREA COMUNICAZIONE E INFORMATICA SRL VIA GIAN DOMENICO ROMAGNOSI 3 ROME IT 00196 INFORMATION TECHNOLOGY 128608 MASSACHUSETTS INSTITUTE OF TECHNOLOGY 77 MASSACHUSETTS AVE CAMBRIDGE MA 02139 ROME DIRECTION 125600 MONTICELLO ASSOCIATES 1800 LARIMER STREET DENVER CO 80202 INVESTMENT MANAGEMENT 125000 5 1108211 9861 5095348 1862942 6213420 PROGRAM RENTAL INCOME 711190 1570005 1570005 TUITION & FEES 611710 811805 811805 2381810 337551 25786 311765 1676089 1638630 37459 37459 37459 24097523 19241116 4856407 4856407 4856407 228902 1108211 228902 0 OTHER REVENUE 900099 9412 9412 9412 13836059 2381810 25786 5215043 X 809500 809500 50200 50200 779954 191870 360428 227656 3247224 2740454 121378 385392 98075 71817 11199 15059 323158 249270 25236 48652 749873 548431 87360 114082 126753 33412 93341 62157 62157 298039 298039 1538126 1281574 167878 88674 40261 26653 12262 1346 936043 874271 13006 48766 1920447 1559017 169160 192270 348675 294225 37164 17286 164588 102871 9862 51855 1040566 1032987 3073 4506 GALA EVENT EXPENSES 290298 290298 MISCELLANEOUS 10565 6285 713 3567 TEMPORARY HELP 8644 8644 12843146 9881481 1472256 1489409 4170112 1866579 2395959 1984660 1139966 1334473 39845478 22900055 17965069 16945423 37871491 29140195 67658328 81055401 621305 229935 131822230 132556666 1760554 1753545 186341 220770 897423 923057 2844318 2897372 X 39682997 38874788 36246338 34794756 53048577 55989750 128977912 129659294 131822230 132556666 X 992913 712625 -1024156 X 0 1 X 1 0 X 6006199 4967034 3923337 6865556 6213420 27975546 6006199 4967034 3923337 6865556 6213420 27975546 2848482 25127064 1308493 1633837 1662594 2049852 1987854 8642630 39595 77625 29666 20910 25786 193582 31670 5426 4367 10170 9412 61045 36872803 10821995 0.68150 0.69610 X X X X 0 104607629 2837999 5591718 809500 4444104 107783742 93614433 2537512 13875139 817400 4602055 104607629 94509189 481779 4211751 686000 4902286 93614433 106313752 2178438 -8567836 696000 4719165 94509189 95976709 2584405 12947974 718900 4476436 106313752 0.21280 0.51590 0.27130 0 0 39845478 22900055 16945423 16945423 -336862 F DAVIDSON KEMPNER INSTITUTIONAL PARTNERS,LP 7529266 F NEW CENTURY HOLDINGS XI,LP 97852 F FARALLON CAPITAL INSTITUTIONAL PARTNERS,LP 7504172 F NEWPORT ASIA INSTITUTIONAL FUND, LLC 2809931 F HEISKELL PRIVATE PLACEMENT 11607 F ADAMAS PARTNERS, LP 4097204 F ADAMAS OPPORTUNITIES, LP 4109777 F TACONIC OPPORTUNITY OFFSHORE FUND 4584573 F LANSDOWNE EUROPEAN EQUITY FUND 4600573 F SEMPER VIC PARTNERS, L.P. 10147762 F WAMCO US CORE BOND FUND 10603463 F MW EUREKA FUND 3741221 F HIGHCLERE 3842677 F CEVIAN CAPITAL II, LTD 5364119 F IRIDIAN FUND 9636318 F GQG EMERGING MKTS FUND 2711748 F 81055401 SEVERANCE LIABILITIES 856620 OTHER LIABILITIES 66437 923057 13226489 712625 -1024156 -311531 13538020 298039 298039 13836059 12545107 0 12545107 298039 298039 12843146 PART III, LINE 4: THE ARTHUR AND JANET C. ROSS LIBRARY OF THE AMERICAN ACADEMY IN ROME CONTAINS OVER 167,000 VOLUMES IN THE FIELDS OF CLASSICAL STUDIES, AND THE HISTORY OF ART AND ARCHITECTURE. ESPECIALLY STRONG, ARE THE COLLECTIONS IN ANCIENT MEDITERRANEAN ARCHAEOLOGY AND ART, GREEK AND LATIN LITERATURE, ANCIENT TOPOGRAPHY (INCLUDING THE HISTORY OF THE CITY OF ROME), ANCIENT RELIGIONS, AND RELATED FIELDS SUCH AS EPIGRAPHY, NUMISMATICS AND PAPYROLOGY. THE RARE BOOK COLLECTION COMPRISES CHIEFLY 16TH-18TH CENTURY IMPRINTS IN CLASSICAL STUDIES, ARCHAEOLOGY, ART AND ARCHITECTURE, INCLUDING SIZEABLE COLLECTIONS OF ROMAN GUIDEBOOKS AND EARLY ART TREATISES. THE PHOTOGRAPHIC ARCHIVE OF THE AMERICAN ACADEMY IN ROME CONSISTS OF SEVERAL VALUABLE AND SPECIALIZED COLLECTIONS OF PHOTOGRAPHS ON ARCHAEOLOGY, ARCHITECTURE AND ART, AS WELL AS LANDSCAPE ARCHITECTURE AND GARDENS. IT ALSO INCLUDES SPECIAL COLLECTIONS IMPORTANT TO THE HISTORY OF THE ACADEMY. THE AMERICAN ACADEMY IN ROME MAINTAINS A SMALL BUT VARIED COLLECTION OF ARCHAEOLOGICAL ARTIFACTS AVAILABLE FOR STUDY. THE COLLECTION INCLUDES POTTERY, FROM GREEK GEOMETRIC VASES OF THE EIGHTH CENTURY BC TO ROMAN COMMON WARE OF THE LATER EMPIRE, ARCHITECTURAL TERRACOTTAS, CINERARY URNS, VOTIVE OBJECTS, JEWELRY, COINS, OIL LAMPS, ALL SORTS OF SCULPTURE (IN TERRACOTTA AND STONE, IN RELIEF AND IN THE ROUND), ETRUSCAN MIRRORS, AND SAMPLES OF THE MOST IMPORTANT ANCIENT MARBLE TYPES. THESE MATERIALS ARE USED FOR EDUCATION, STUDY, AND RESEARCH PURPOSES. PART V, LINE 4: THE ENDOWMENT FUNDS GENERATE ONGOING SUPPORT FOR THE ACADEMY'S PROGRAMS. THE MAJORITY OF THE INCOME SUPPORTS THE COST OF FELLOWSHIPS AND RESIDENCIES, AS WELL AS THE OPERATION OF THE ACADEMY'S LIBRARY. PART XI, LINE 2D - OTHER ADJUSTMENTS: FOREIGN CURRENCY TRANSLATION ADJUSTMENT -447,205. NET IMPACT OF FOREIGN CURRENCY PROGRAM -576,951. 1 EUROPE 1 45 PROGRAM SERVICES OPERATION OF RESIDENTIAL RESEARCH CENTER 6444732 EUROPE 1 3 MANAGEMENT AND GENERAL (JANUS, S.U.R.L.) 1420138 EUROPE 1 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 50200 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PASSIVE INVESTMENTS 22231015 3 48 0 0 3 48 30146085 0 30146085 FELLOWSHIPS EUROPE 6 50200 BANK CHECK 0 0 0 1 0 0 PART I, LINE 2: STIPENDS AND SCHOLARSHIPS ARE AWARDED TO COVER EXPENSES WHILE PARTICIPATING IN ACADEMY PROGRAMS. IN ORDER TO RECEIVE THE AWARDS, THE RECIPIENTS MUST BE ON SITE AT THE PROGRAM. NY GALA 748130 614398 133732 133732 ROME - GALA 588983 493813 95170 95170 1337113 1108211 228902 228902 228902 0 1 FELLOWSHIPS 41 809500 PART I, LINE 2: STIPENDS AND SCHOLARSHIPS ARE AWARDED TO COVER EXPENSES WHILE PARTICIPATING IN ACADEMY PROGRAMS. IN ORDER TO RECEIVE THE AWARDS, THE RECIPIENTS MUST BE ON SITE AT THE PROGRAM. X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 MARK ROBBINS PRESIDENT 421627 0 0 0 0 0 24000 0 10607 0 456234 0 0 0 JENNI KIM VP FOR FINANCE AND ADMIN. 194656 0 0 0 0 0 18000 0 10645 0 223301 0 0 0 CHRISTINE BEGLEY VP FOR DEVELOPMENT 219664 0 0 0 0 0 23000 0 338 0 243002 0 0 0 PAOLA GAETANI GENERAL MANAGER 150963 0 0 0 33891 0 0 0 50818 0 235672 0 0 0 CRISTINA PUGLISI DEPUTY DIRECTOR 136536 0 0 0 0 0 24000 0 8129 0 168665 0 0 0 SEBASTIAN HIERL DRUE HEINZ LIBRARIAN 129685 0 0 0 0 0 0 0 45290 0 174975 0 0 0 PART I, LINE 1B HOUSING IS PROVIDED TO THE ACADEMY'S RESIDENTIAL OFFICERS, WHO SERVE FOR FIXED TERMS AND ARE GENERALLY FROM THE U.S. AND MAY BE SECONDED BY U.S. UNIVERSITIES. PROVISION OF RESIDENCE FOR PAOLA GAETANI IS FOR PERSONAL USE AND IS ACCORDINGLY INCLUDED IN HER REPORTED COMPENSATION. THE PRESIDENT OF THE ACADEMY RECEIVES PAID MEMBERSHIP IN TWO SOCIAL CLUBS IN WHICH MEMBERSHIP ALSO SERVES A RELATED BUSINESS PURPOSE FOR THE ACADEMY. PART I, LINE 4B MARK ROBBINS - DEFERRED COMPENSATION ACCRUED (NON-QUALIFIED) - $21,960 X 18 1862942 AVERAGE VALUE 0 1 0 PART I, LINE 7B THE AMOUNT REPORTED ON PART I, LINE 7B INCLUDES CERTAIN FRINGE BENEFIT EXPENSES SUBJECT TO UNRELATED BUSINESS TAX UNDER IRC SECTION 512(A)(7). THESE AMOUNTS ARE NOT CLASSIFIED AS REVENUE AND, THEREFORE, NOT REPORTED AS SUCH ON FORM 990, PART VIII. FORM 990, PART VI, SECTION A, LINE 7A THE ACADEMY HAS AN ADVISORY COUNCIL TO THE COMMITTEE ON THE HUMANITIES. THE MEMBERS OF THE ADVISORY COUNCIL REPRESENT ACADEMIC INSTITUTIONS WHICH ANNUALLY CONTRIBUTE FUNDS TO THE ACADEMY. THE BOARD OF TRUSTEES SHALL ELECT TO ITS NUMBER EVERY THREE YEARS FOR A THREE YEAR TERM A PERSON NOMINATED BY THE ADVISORY COUNCIL. THE BOARD ELECTS TO ITS NUMBER EVERY TWO YEARS FOR A TWO-YEAR TERM A PERSON ELECTED AS THE PRESIDENT OF THE COUNCIL OF THE SOCIETY OF FELLOWS. THE SOCIETY OF FELLOWS IS AN ORGANIZATION WHOSE MEMBERSHIP IS COMPRISED OF THOSE WHO HAVE BEEN AWARDED A FELLOWSHIP, AFFILIATED FELLOWSHIP, OR RESIDENCY AT THE AMERICAN ACADEMY IN ROME. ROME PRIZE WINNERS BECOME MEMBERS UPON COMPLETING THEIR TERM AT THE ACADEMY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE ACADEMY'S FINANCE TEAM, AND A COPY OF THE FORM 990 IS DISTRIBUTED TO EACH MEMBER OF THE BOARD OF TRUSTEES. THE MEMBERS OF THE BOARD OF TRUSTEES ARE ASKED TO REVIEW THE FORM 990 AND IDENTIFY ANY QUESTIONS OR COMMENTS THEY HAVE REGARDING THE FORM 990 BEFORE ITS SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C A COPY OF THE CONFLICT OF INTEREST POLICY AND CONFLICT DISCLOSURE FORM IS FURNISHED TO TRUSTEES AND STAFF MEMBERS WITH HIRING OR PURCHASING AUTHORITY ANNUALLY. THE AUDIT COMMITTEE COLLECTS AND REVIEWS DISCLOSURE FORMS, AND NO CONFLICTS WERE DISCLOSED FOR THIS PERIOD. DURING A COMMITTEE'S CONSIDERATION OF A MATTER, ANY PERSON WITH A CONFLICT OR POTENTIAL CONFLICT DISCLOSES THEIR CONFLICT, RECUSES THEMSELVES FROM THE DISCUSSION AND DECISION, AND MAY RETIRE FROM THE MEETING IF NECESSARY. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT'S COMPENSATION IS REVIEWED BY A COMPENSATION COMMITTEE OF BOARD MEMBERS, INCLUDING THE CHAIRMAN OF THE BOARD. THE PRESIDENT'S PERFORMANCE AND COMPENSATION ARE REVIEWED ANNUALLY. THE COMPENSATION COMMITTEE REVIEWS EXECUTIVE COMPENSATION INFORMATION OBTAINED FROM OUTSIDE SOURCES SUCH AS SURVEYS AND FORM 990S FOR COMPARABLE ORGANIZATIONS, AND SETS THE PRESIDENT'S COMPENSATION. THE COMMITTEE ALSO REVIEWS A SCHEDULE OF OFFICERS AND KEY EMPLOYEES' COMPENSATION HISTORY AND ADVISES REGARDING THEIR COMPENSATION, WHICH IS SET BY THE PRESIDENT AFTER A PERFORMANCE EVALUATION. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF THE ORGANIZATION'S BY-LAWS, AUDITED FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER CONSULTING FEES: PROGRAM SERVICE EXPENSES 1,281,574. MANAGEMENT AND GENERAL EXPENSES 167,878. FUNDRAISING EXPENSES 88,674. TOTAL EXPENSES 1,538,126. FORM 990, PART XI, LINE 9: FOREIGN CURRENCY TRANSLATION ADJUSTMENT -447,205. NET IMPACT OF FOREIGN CURRENCY PROGRAM -576,951. JANUS SURL LARGO DI PORTA S PANCRAZIO 1 ROME IT 00153 EVENT SPACE RENTAL IT 1676089 594904 AMERICAN ACADEMY IN ROME