2018-05-15T12:36:20-05:00 2017-06-30 KPMG LLP 345 Park Avenue New York NY 101540102 990 2016-07-01 134172481 LINCOLN CENTER DEVELOPMENT PROJECT INC % ROBERT CUNDALL LINC 2128755000 70 LINCOLN CENTER PLAZA 9TH FL NEW YORK NY 10023 ROBERT CUNDALL CFO 2128755000 2018-05-15 true DEVIN L DUNCAN P01249521 2127589700 2018-05-14 2016 2022-09-23 18:48:47Z X ROBERT CUNDALL 70 LINCOLN CENTER PLAZA 9TH FL NEW YORK NY 10023 19320822 false X N/A X 2001 NY TO IMPLEMENT AND OVERSEE FOR CHARITABLE PURPOSES THE PLANNED REDEVELOPMENT AND TRANSFORMATION OF THE LINCOLN CENTER CAMPUS. SEE SCHEDULE O FOR CONTINUATION. 3 3 5 3 0 4337213 545619 13099419 18775203 0 0 0 0 17436632 19320822 0 0 0 0 1152352 1315009 0 0 0 16270545 17987177 17422897 19302186 13735 18636 3145261 1435128 3090108 1361339 55153 73789 X TO IMPLEMENT AND OVERSEE FOR CHARITABLE PURPOSES THE PLANNED REDEVELOPMENT AND TRANSFORMATION OF THE LINCOLN CENTER CAMPUS. 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SEE SCHEDULE O. 18100648 true true false false false false false false false false true false false false false true false true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true X 24 0 true 5 true false false false false false false false false false false X 3 3 false false false false true true true true true false false true true true true true true true true false NY X ROBERT CUNDALL 2128755000 70 LINCOLN CENTER PLAZA 9TH FL NEW YORK NY 10023 X Philip Milstein Board Chair 2.0 3.0 X 0 0 0 Bart Friedman Director 1.0 2.0 X 0 0 0 Peter L Malkin Director 1.0 0.0 X 0 0 0 Ronald Austin Executive Director 40.0 0.0 X 444839 0 98280 Lesley Friedman Rosenthal General Counsel & Secretary 2.0 35.0 X 0 447596 153390 TEREA HEBERT PROJECT OPERATIONS 40.0 0.0 X 298864 0 53662 ROBERT CUNDALL CFO EFF. 7/15/2016 2.0 35.0 X 0 152701 10968 Daniel Rubin CFO THRU 4/15/2016 2.0 35.0 X 0 208946 127840 743703 809243 444140 2 true true false FXFowle Architects LLP 22 W 19TH st NEW YORK NY 10011 CONSTRUCTION DESIGN 3012023 Heatherwick studio Ltd 356-364 GRAYS INN ROAD LONDON ENGLAND UK WCIX-8BH Architect 2076806 RC Dolner cm LLC 120 BROADWAY NEW YORK NY 10271 Construction 1195370 Diamond Schmitt Architects 384 ADELAIDE STREET WEST STE 300 ONTARIO TORONTO CA MSV IR7 CONCERT HALL DESIGN 1170147 Softchoice Corporation 16609 COLLECTIONS CENTER DR CHICAGO IL 60693 Software consultant 1113636 19 545619 545619 PLANNED REDEVELOPMENT FUNDING 230000 18775203 18775203 18775203 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 19320822 18775203 X 0 0 0 0 747197 672477 74720 0 415236 373712 41524 51659 46493 5166 49418 44477 4941 51499 46349 5150 0 0 7876 7088 788 0 0 0 2017591 1815832 201759 0 0 589641 530677 58964 0 0 609541 548587 60954 175694 158125 17569 0 41497 37347 4150 0 0 58530 52677 5853 0 REDEVELOPMENT PROJECT EXP. 13766807 13766807 LCPA ADMIN OVERHEAD 720000 720000 19302186 18100648 1201538 0 18621 100209 0 0 2961178 1073627 0 0 0 0 0 0 0 0 0 0 15225 5075 314747 58530 150237 256217 0 0 0 0 0 0 0 0 0 0 3145261 1435128 3090108 1361339 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3090108 1361339 X 55153 73789 0 0 0 0 55153 73789 3145261 1435128 18636 X false true X true false X 4635779 1246391 3512767 4337213 545619 14277769 0 0 4635779 1246391 3512767 4337213 545619 14277769 0 14277769 0 0 0 14277769 31874622 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 58929 7366 51563 0 255818 51164 204654 0 0 0 256217 0 0 X 19320822 19320822 19320822 19302186 19302186 19302186 UNCERTAIN TAX POSITIONS SCHEDULE D, PART X, LINE 2 LINCOLN CENTER RECOGNIZES THE BENEFIT OF TAX POSITIONS WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINABLE BASED ON THE MERITS OF THE POSITION. X X X X false true false false false false false false false Ronald Austin Executive Director 362964 0 80000 0 1875 0 68214 0 30066 0 543119 0 0 0 Daniel Rubin CFO THRU 4/15/2016 0 127708 0 0 0 81238 0 102255 0 25585 0 336786 0 0 Lesley Friedman Rosenthal General Counsel & Secretary 0 430593 0 0 0 17003 0 123324 0 30066 0 600986 0 0 TEREA HEBERT PROJECT OPERATIONS 298234 0 0 0 630 0 42392 0 11270 0 352526 0 0 0 ROBERT CUNDALL CFO EFF. 7/15/2016 0 151635 0 0 0 1066 0 0 0 10968 0 163669 0 0 FORM 990, SCHEDULE J DISCLOSURE REGARDING PAYROLL ADMINISTRATION LINCOLN CENTER DEVELOPMENT PROJECT'S (LCDP) PAYROLL IS ADMINISTERED BY LINCOLN CENTER FOR THE PERFORMING ARTS, A RELATED SECTION 501(c)(3) PUBLIC CHARITY. LCDP REIMBURSES LCPA FOR SALARIES AND BENEFITS OF EMPLOYEES WORKING ON BEHALF OF LCDP. FORM 990, SCHEDULE J, PART I, LINE 4B AMOUNTS INCLUDED IN COLUMN (B)(III) REFLECT PAYMENTS OF ACTUARIALLY CALCULATED SUPPLEMENTAL RETIREMENT BENEFITS INTENDED TO COMPENSATE FOR IRS LIMITATIONS IN DEFINED BENEFIT PENSION PLANS, IN THIS CASE A NONQUALIFIED SUPPLEMENTAL RETIREMENT PLAN. TAXABLE PAYMENTS WERE MADE AS FOLLOWS: DANIEL RUBIN $36,987; LESLEY FRIEDMAN ROSENTHAL $16,000. AMOUNTS IN COLUMN (C) INCLUDE DEFERRALS UNDER A 457(F) DEFERRED COMPENSATION PLAN: LESLEY FRIEDMAN ROSENTHAL $56,250. FORM 990, SCHEDULE J, PART II, COLUMN (C) THE CHANGE IN PENSION VALUE CAN BE ATTRIBUTED TO THREE MAIN AREAS, (1)THE EMPLOYEES AGE BY ONE YEAR, (2) THE EMPLOYEE EARNS AN ADDITIONAL YEAR ON BENEFIT ACCRUAL AND (3) THE CHANGES IN THE YIELD CURVE. ORGANIZATION'S MISSION FORM 990, PART I, LINE 1 AND PART III, LINE 1 TO IMPLEMENT AND OVERSEE FOR CHARITABLE PURPOSES THE PLANNED REDEVELOPMENT AND TRANSFORMATION OF THE LINCOLN CENTER CAMPUS AND TO PROVIDE A MYRIAD OF SERVICES THAT WOULD FOSTER THE PERFORMING ARTS TO IMPROVE THE CULTURAL LIFE OF COMMUNITIES THROUGHOUT THE UNITED STATES AND THE WORLD. SIGNIFICANT PROGRAM SERVICES FORM 990, PART III, LINE 2 The Redevelopment project currently includes the planning and design phase of the renovation of David Geffen Hall. In fiscal 2017, Lincoln Center focused on the assessment and planning of the David Geffen Hall renovation. PROGRAM SERVICES FORM 990, PART III, LINE 4A ALL OF LCDP'S ACTIVITIES FURTHER ITS TAX-EXEMPT AND CHARITABLE PURPOSE BY EMBRACING LCPA'S GOAL OF FOSTERING THE PERFORMING ARTS TO IMPROVE THE CULTURAL LIFE OF COMMUNITIES THROUGHOUT THE UNITED STATES AND THE WORLD, AND PROVIDING ASSISTANCE IN ERECTING, RECONSTRUCTING, RENOVATING, MODERNIZING AND RECONFIGURING BUILDINGS OPEN TO THE PUBLIC FOR PUBLIC EXPOSITIONS AND CULTURAL ACTIVITIES. DURING THE FISCAL YEAR ENDED JUNE 30, 2017, THE REDEVELOPMENT PROJECTS PRIMARILY CONSISTED OF THE ASSESSMENT AND PLANNING OF THE DAVID GEFFEN HALL RENOVATION. DISCLOSURE REGARDING PAYROLL ADMINISTRATION FORM 990, PART V, LINE 2A AND PART VII LINCOLN CENTER DEVELOPMENT PROJECT'S (LCDP) PAYROLL IS ADMINISTERED BY LINCOLN CENTER FOR THE PERFORMING ARTS, A RELATED SECTION 501(C)(3) PUBLIC CHARITY. LCDP REIMBURSES LCPA FOR SALARIES AND BENEFITS OF EMPLOYEES WORKING ON BEHALF OF LCDP. GOVERNING BODY AND MANAGEMENT FORM 990, PART VI, LINES 6, 7A AND 7B THERE ARE NO STOCKHOLDERS. THE BOARD IS A SINGLE MEMBER CORPORATION, WITH LINCOLN CENTER FOR THE PERFORMING ARTS, INC. AS ITS SOLE MEMBER, WITH THREE DIRECTORS DESIGNATED BY LINCOLN CENTER FOR THE PERFORMING ARTS, INC. VOTING MEMBERS HAVE THE GENERAL POWER TO CONTROL AND MANAGE THE AFFAIRS AND PROPERTY OF LCDP AND ADOPT RULES AND REGULATIONS GOVERNING ITS ACTIONS. CERTAIN GOVERNANCE DECISIONS ARE RESERVED TO LCDP'S SOLE MEMBER, LINCOLN CENTER FOR THE PERFORMING ARTS, INC., INCLUDING THE RIGHT TO REMOVE A DIRECTOR WITH OR WITHOUT CAUSE AND THE RIGHT TO CHANGE THE NUMBER OF DIRECTORS ON THE BOARD. ADDITIONALLY, NOTICE OF BOARD MEETINGS MUST BE GIVEN TO LINCOLN CENTER FOR THE PERFORMING ARTS, INC. FORM 990 REVIEW FORM 990, PART VI, LINE 11B LCDP'S FORM 990 IS PREPARED BY ITS INDEPENDENT ACCOUNTING FIRM WITH DATA PROVIDED BY ITS FINANCE DEPARTMENT. WHEN LCDP'S STAFF AND ACCOUNTING FIRM APPROVE THE DRAFT RETURN, IT IS THEN PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW AND APPROVAL. LCDP'S BOARD OF DIRECTORS HAS DELEGATED RESPONSIBILITY FOR REVIEWING FORM 990 TO THE AUDIT COMMITTEE. WHEN THE AUDIT COMMITTEE APPROVES THE FINAL DRAFT, A COPY IS PROVIDED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. CONFLICT OF INTEREST POLICY FORM 990, PART VI, LINE 12C LCDP BOARD MEMBERS AND SENIOR STAFF ARE REQUIRED TO FILL OUT A CONFLICT OF INTEREST FORM EACH FISCAL YEAR TO CONFIRM THEIR COMPLIANCE WITH LCDP'S CONFLICT OF INTEREST POLICY. THE GENERAL COUNSEL REVIEWS ALL QUESTIONNAIRES AND DETERMINES TOGETHER WITH THE AUDIT COMMITTEE WHETHER A CONFLICT OF INTEREST IN FACT EXISTS. DURING THE JUNE 30, 2017 TAX YEAR, NO POTENTIAL NEW CONFLICTS WERE REPORTED. IN THE EVENT OF A POTENTIAL CONFLICT INVOLVING AN EXISTING OR ONGOING ACCOUNT, ARRANGEMENT, RELATIONSHIP OR TRANSACTION, THE AUDIT COMMITTEE OR THE BOARD REGULARLY EVALUATES THE BENEFITS AND APPROPRIATENESS OF THE ACCOUNT, ARRANGEMENT, RELATIONSHIP OR TRANSACTION TO ENSURE THAT IT HAS BEEN AND CONTINUES TO BE HANDLED WITHIN ACCEPTABLE STANDARDS OUTLINED IN THIS POLICY. COMPENSATION FORM 990, PART VI, LINE 15A LCDP'S EXECUTIVE DIRECTOR IS PAID BY LCPA, A RELATED ORGANIZATION, AND COMPENSATION IS GOVERNED BY A CONTRACT EXECUTED IN 2007 AS AMENDED IN 2013. IN DETERMINING THE EXECUTIVE DIRECTOR'S COMPENSATION, LCDP RELIED ON A 2009 STUDY BY TOWERS PERRIN (AN INDEPENDENT COMPENSATION CONSULTANT) REGARDING EXECUTIVE COMPENSATION, AND ALSO OBTAINED INDUSTRY-WIDE COMPENSATION INFORMATION FOR PERSONS WITH SIMILAR RESPONSIBILITIES FROM ONE OF THE NATION'S LEADING REAL ESTATE AND CONSTRUCTION FIRMS. THE INDIVIDUALS INVOLVED IN ASSESSING AND DETERMINING COMPENSATION FOR THE EXECUTIVE DIRECTOR ARE NOT PERMITTED TO HAVE A CONFLICT OF INTEREST UNDER LCDP'S CONFLICT OF INTEREST POLICY. IN ADDITION, LCDP RETAINS RECORDS OF THE COMPENSATION PROCESS AND DECISIONS. THE EXECUTIVE DIRECTOR'S COMPENSATION IS APPROVED BY THE BOARD. DOCUMENT AVAILABILITY FORM 990, PART VI, LINE 19 Annual Financial Statements, other governing documents and form 990 are available upon request. OTHER FEES FORM 990, PART IX, LINE 11G Other Fees for non-employees includes fees for consultants and professional services in the assessment and planning phase of the David Geffen Hall renovation project. These costs include engineering and architectural studies as well as construction planning expenses. Lincoln Center for the Performing Arts 70 Lincoln Center Plaza 9th Floor New York NY 10023 131847137 Perf. 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