2018-06-11T14:50:56-05:00 2017-12-31 161375790 DEJOY KNAUF & BLOOD LLP 280 EAST BROAD STREET SUITE 300 ROCHESTER NY 14604 990 2017-01-01 160743991 GEORGE EASTMAN MUSEUM GEOR 5853274800 900 EAST AVE ROCHESTER NY 146072219 THOMAS COMBS VP OPERATIONS AND FINANCE 5853274800 2018-06-06 1 TIMOTHY P THANEY CPA P01231250 5855461840 2018-06-06 2017 2022-09-23 18:48:47Z THOMAS COMBS 900 EAST AVE ROCHESTER NY 146072219 9156698 0 X WWW.EASTMAN.ORG X 1947 NY GEORGE EASTMAN MUSEUM, AN INDEPENDENT NONPROFIT MUSEUM, IS AN EDUCATIONAL INSTITUTION THAT TELLS THE STORY OF PHOTOGRAPHY AND MOTION PICTURES AND MEDIA THAT HAVE CHANGED AND CONTINUE TO CHANGE OUR PERCEPTION OF THE WORLD. 28 27 133 348 0 0 5114072 4759277 1727799 1544294 904515 2292073 319108 234689 8065494 8830333 0 0 0 0 5237868 5165150 0 0 817896 4824470 4314226 10062338 9479376 -1996844 -649043 44606598 46730749 904600 894168 43701998 45836581 X GEORGE EASTMAN MUSEUM, AN INDEPENDENT NONPROFIT MUSEUM, IS AN EDUCATIONAL INSTITUTION THAT TELLS THE STORY OF PHOTOGRAPHY AND MOTION PICTURES AND MEDIA THAT HAVE CHANGED AND CONTINUE TO CHANGE OUR PERCEPTION OF THE WORLD. WE: COLLECT AND PRESERVE OBJECTS THAT ARE OF SIGNIFICANCE TO PHOTOGRAPHY, MOTION PICTURES, AND THE LIFE OF GEORGE EASTMAN. BUILD INFORMATION RESOURCES TO PROVIDE THE MEANS FOR BOTH SCHOLARLY RESEARCH AND RECREATIONAL INQUIRY. KEEP AND CARE FOR IMAGES, LITERATURE, AND TECHNOLOGY TO TELL THE STORY OF PHOTOGRAPHY AND THE MOTION PICTURE IN HISTORY AND IN CULTURE. CARE FOR THE GEORGE EASTMAN MUSEUM, GARDENS, AND ARCHIVES, MAINTAINING THEM FOR PUBLIC ENJOYMENT AND AS A MEMORIAL TO HIS CONTRIBUTION TO OUR LIVES AND TO OUR TIMES.WE DO THESE THINGS TO INSPIRE DISCOVERY AND LEARNING AND FOR SUPPORTING THE EDUCATION OF A REGIONAL, NATIONAL AND INTERNATIONAL AUDIENCE. 0 0 2471889 777511 MUSEUM PROGRAMS: NEARLY 115,000 PEOPLE VISITED GEORGE EASTMAN MUSEUM IN 2017, EXPERIENCING PHOTOGRAPH EXHIBITIONS, DOCENT-LED TOURS OF THE HISTORIC HOUSE AND GARDENS, FILM SCREENINGS, A DISCOVERY ROOM FOR INTERACTIVE LEARNING, AND THE MUSEUM STORE AND CAFE. ANOTHER 250,000 VISITED EASTMAN MUSEUM EXHIBITIONS AND PROGRAMS THROUGH OUR TRAVELING EXHIBITION AND OBJECT LOAN ACTIVITIES. ONLINE, MORE THAN 295,000 PEOPLE VISITED THE MUSEUM'S PHOTOGRAPH COLLECTIONS, K-12 LEARNING INITIATIVES, PODCASTS, AND BLOGS. EDUCATION PROGRAMS AT THE MUSEUM INCLUDE THE L. JEFFREY SELZNICK SCHOOL OF FILM PRESERVATION, AND THE PHOTOGRAPH PRESERVATION AND COLLECTIONS MANAGEMENT MASTER'S DEGREE PROGRAM. 2431348 623697 COLLECTIONS AND EXHIBITIONS: THE MUSEUM IS HOME TO THE WORLD'S MOST SIGNIFICANT COLLECTION OF PHOTOGRAPHS AND RELATED TECHNOLOGICAL EQUIPMENT AND LIBRARY HOLDINGS, AS WELL AS THE GEORGE EASTMAN LEGACY PHOTOGRAPHY COLLECTIONS. IN 2017, THE MUSEUM ACQUIRED NEARLY 5,000 OBJECTS, INSTALLED MORE THAN TEN EXHIBITIONS ONSITE, AND LENT COLLECTION OBJECTS TO NUMEROUS MUSEUMS AROUND THE WORLD. 2444776 344182 CINEMA COLLECTIONS AND PROGRAMS: GEORGE EASTMAN MUSEUM IS ONE OF THE LEADING MOTION PICTURE ARCHIVES IN THE WORLD, HOME TO MORE THAN 28,000 FILM TITLES, 3 MILLION OBJECTS OF MOTION PICTURE EPHEMERA, A FILM SCREENING PROGRAM, AN ACTIVE FILM PRESERVATION PROGRAM, AND THE L. JEFFREY SELZNICK SCHOOL OF FILM PRESERVATION. 7348013 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 32 0 1 133 1 0 0 0 0 0 1 1 0 0 0 0 X 28 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X PAUL J PIAZZA 5853274856 900 EAST AVE ROCHESTER NY 14607 STEVEN L SCHWARTZ TRUSTEE 1.00 X 0 0 0 PATRICK MONTGOMERY VICE CHAIR 2.00 X X 0 0 0 KEVIN GAVAGAN CHAIR 10.00 X X 0 0 0 DR PATRICIA Y JONES BLESSMAN TRUSTEE 1.00 X 0 0 0 RONALD H FIELDING TRUSTEE 1.00 X 0 0 0 STEPHEN R FOLEY ESQ TRUSTEE 1.00 X 0 0 0 RUFUS JUDSON TRUSTEE 1.00 X 0 0 0 RICHARD KAPLAN TRUSTEE 1.00 X 0 0 0 DAVID KLEIN TRUSTEE 1.00 X 0 0 0 SUSAN S ROBFOGEL TRUSTEE 1.00 X 0 0 0 BRAD KRUCHTEN TRUSTEE 1.00 X 0 0 0 DANIEL M MEYERS SECRETARY 2.00 X X 0 0 0 LINDA BUTTRILL TRUSTEE 1.00 X 0 0 0 SOFIA VOLLMER DE MADURO TRUSTEE 1.00 X 0 0 0 CHRISTINE B WHITMAN TREASURER 2.00 X X 0 0 0 KAREN WERTH TRUSTEE 1.00 X 0 0 0 JONATHAN SCHROEDER TRUSTEE 1.00 X 0 0 0 BRUCE BARNES DIRECTOR 60.00 X X 165251 0 18444 PAUL BURGETT TRUSTEE 1.00 X 0 0 0 HC DIGBY CLEMENTS TRUSTEE 1.00 X 0 0 0 MICHAEL J COONEY ESQ TRUSTEE 1.00 X 0 0 0 KENNETH AFREDERICK TRUSTEE 1.00 X 0 0 0 KEVIN GLAZER VICE CHAIR 2.00 X X 0 0 0 RICHARD GROSBARD TRUSTEE 1.00 X 0 0 0 JEFFREY A KORCHECK TRUSTEE 1.00 X 0 0 0 CHRISTINE SYMCHYCH TRUSTEE 1.00 X 0 0 0 STEVEN J SASSON TRUSTEE 1.00 X 0 0 0 BONNIE GARNER TRUSTEE 1.00 X 0 0 0 THOMAS COMBS VP OF OPS AND FINANCE 12.00 X 68350 0 0 PAOLO CHERCHI USAI SENIOR CURATOR MOVING IMAG 37.50 X 123584 0 12042 LISA SEISCHAB VP STRATEGIC ADVANCEMENT 37.50 X 141540 0 12453 LISA HOSTETLER CURATOR - DEPT. OF PHOTOGR 37.50 X 101596 0 15218 600321 0 58157 4 0 1 0 POSTLER & JAECKLE 615 SOUTH AVE ROCHESTER NY 146201385 HVAC/SYSTEMS MAINTENANCE 455236 SECURITAS 1080 UNIVERSITY AVE ROCHESTER NY 14607 SECURITY SERVICES 216819 FRANK MARIANACCI 6905 ROUTES 5 20 BLOOMFIELD NY 14469 CONSTRUCTION SERVICES 146349 FRONTIER PO BOX 740407 CINCINATTI OH 45274 PHONE SYSTEM INSTALLATION 130170 4 852203 3907074 4759277 ADMISSIONS 713990 623697 623697 LOANS, RENTALS, ROYALTIES 713990 481375 481375 CONTRACTED EDUCATION 900099 270171 270171 FILM LAB FEES 713990 86532 86532 WORKSHOPS 713990 73745 73745 8774 8774 1544294 625717 625717 1666356 0 1666356 1666356 1666356 138058 104465 33593 33593 411299 221900 189399 189399 MISCELLANEOUS 900099 11697 11697 11697 8830333 1745390 0 2325666 233602 150976 82626 3878574 2983254 454882 440438 183083 132827 26967 23289 546601 396559 80512 69530 323290 234547 47619 41124 19673 19673 20000 20000 219960 199969 19991 76215 7864 68351 341326 306514 33924 888 144249 92728 46802 4719 999739 999739 53553 50667 83 2803 CONTRACTED SERVICES 954559 834471 97001 23087 UTILITIES 449325 427155 22170 0 SECURITY 196281 178628 17653 0 REPAIRS & MAINTENANCE 192539 176123 16416 646807 326968 190447 129392 9479376 7348013 1313467 817896 1400 1875 2808036 2031163 1678796 1901167 10927 43681 91632 73038 2003 30815164 24370164 6779401 6445000 25053580 28617096 7812718 7185401 370108 430325 44606598 46730749 826518 733495 78082 160673 904600 894168 X -405308 -1003714 3915932 4225694 40191374 42614601 43701998 45836581 44606598 46730749 X -649043 3064221 -188175 -92420 X 0 1 X 1 0 X 4293886 4409555 4772574 5114072 4759277 23349364 4293886 4409555 4772574 5114072 4759277 23349364 23349364 734813 776391 667094 583961 583961 3346220 26695584 26737340 0.87470 0.86240 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 39441967 1122094 5159801 -3533084 42190778 37788743 1166600 1926905 1440281 39441967 36804716 1071913 -202319 -114433 37788743 36949706 77506 2363078 2585574 36804716 34740158 855591 5802872 4448915 36949706 1.00000 0 0 211300 211300 23274587 18533787 4740800 7329277 5836377 1492900 6445000 HEDGE FUND, PRIVATE EQUITY & BOND FUND 6285783 F REAL ESTATE INVESTMENTS 899618 F 7185401 X 12032744 3064221 3064221 8968523 188175 -326365 -138190 8830333 9701276 0 9701276 -221900 -221900 9479376 PART III, LINE 1A: MUSEUM COLLECTIONS - THE MUSEUM'S COLLECTIONS, ACQUIRED THROUGH PURCHASE AND DONATION, ARE NOT RECOGNIZED AS ASSETS IN THE ACCOMPANYING STATEMENT OF FINANCIAL POSITION. CONTRIBUTIONS RESTRICTED BY DONORS FOR THE PURCHASE OF ITEMS FOR THE COLLECTIONS ARE CLASSIFIED AS TEMPORARILY RESTRICTED UNTIL ACQUISITIONS ARE MADE IN ACCORDANCE WITH THE TERMS OF THE GIFTS. PURCHASES OF COLLECTION ITEMS ARE RECORDED IN THE YEAR IN WHICH THE ITEMS WERE ACQUIRED AS DECREASES IN TEMPORARILY RESTRICTED NET ASSETS, AND REPORTED AS COLLECTION ACQUISITIONS NOT CAPITALIZED WITHIN THE STATEMENT OF ACTIVITIES AND CHANGE IN NET ASSETS. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES REQUIRE NOT-FOR-PROFIT ORGANIZATIONS TO RECOGNIZE THE COST OF DEPRECIATING TANGIBLE ASSETS. HOWEVER, CERTAIN WORKS OF ART AND HISTORICAL TREASURES NEED NOT BE DEPRECIATED IF THEIR CULTURAL, AESTHETIC AND HISTORICAL VALUE EXTENDS OVER EXTRAORDINARILY LONG PERIODS. IN ACCORDANCE WITH THIS GUIDANCE, THE MUSEUM RECOGNIZES DEPRECIATION ON ALL TANGIBLE ASSETS, WITH THE EXCEPTION OF THE ORIGINAL BUILDINGS AND FURNISHINGS AND THE REMAINING ITEMS COMPRISING THE COLLECTIONS, ALL OF WHICH ARE DEFINED AS HISTORICAL TREASURES. THE MUSEUM CARRIES INSURANCE OF $20,000,000 AGAINST LOSSES ON THE COLLECTIONS, WHICH MANAGEMENT BELIEVES ARE IRREPLACEABLE. PART III, LINE 4: COLLECTIONS AND EXHIBITIONS: THE MUSEUM IS HOME TO THE WORLD'S MOST SIGNIFICANT COLLECTION OF PHOTOGRAPHS, MOTION PICTURES AND RELATED TECHNOLOGICAL EQUIPMENT AND LIBRARY HOLDINGS, AS WELL AS THE GEORGE EASTMAN LEGACY COLLECTIONS. PART V, LINE 4: ENDOWMENT FUNDS ARE USED TO SUPPORT A VARIETY OF ACTIVITIES OF THE GEORGE EASTMAN MUSEUM BASED ON THE DONOR'S REQUEST. PART X, LINE 2: THE MUSEUM IS AN EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501 C 3 AND HAS BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION. MANAGEMENT HAS DETERMINED THAT THE MUSEUM HAS NO UNCERTAIN TAX POSITIONS, INCLUDING THE TAX STATUS OF THE MUSEUM AS OF DECEMBER 31, 2017. PART XI, LINE 4B - OTHER ADJUSTMENTS: MUSEUM STORE & CAFE COST OF GOODS SOLD -221,900. SPECIAL EVENTS -104,465. PART XII, LINE 4B - OTHER ADJUSTMENTS: MUSEUM STORE & CAFE COST OF GOODS SOLD -221,900. EASTMAN AWARD 23941 23941 13152 PHOTOFINISH 5K 30119 30119 18828 3 83998 83998 72485 138058 138058 104465 104465 33593 X X 1 1 X X 0 0 0 0 0 0 0 0 0 BRUCE BARNES DIRECTOR 165251 0 0 0 0 0 0 0 18444 0 183695 0 0 0 LISA SEISCHAB VP STRATEGIC ADVANCEMENT 141540 0 0 0 0 0 0 0 12453 0 153993 0 0 0 X 5097 0 COLLECTIONS X - NOT VALUED 0 0 0 PART I, LINE 33: ITEMS DONATED TO THE COLLECTION ARE NOT RECORDED AS REVENUE BECAUSE THE VALUATION OF THE COLLECTION IS NOT REFLECTED ON THE BALANCE SHEET AS DESCRIBED ON SCHEDULE D - PART XIV. LINE 1B IN PART I REFLECTS TOTAL NUMBER OF ITEMS RECEIVED INTO THE COLLECTION FOR THE YEAR ENDED DECEMBER 31, 2017. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY KEY MEMBERS OF THE AUDIT AND FINANCE COMMITTEES. COPIES OF THE FORM 990 ARE MADE AVAILABLE TO BOARD MEMBERS PRIOR TO FILING THE FORM. FORM 990, PART VI, SECTION B, LINE 12C THE MUSEUM'S PRACTICE IS FOR THE SECRETARY OF THE BOARD TO REVIEW THE CONFLICT OF INTEREST STATEMENTS ON AN ANNUAL BASIS PRIOR TO ANY COMMITTMENTS. FORM 990, PART VI, SECTION B, LINE 15 HUMAN RESOURCE COMMITTEE MEMBERS EVALUATE THE COMPENSATION OF THE EXECUTIVE DIRECTOR ON AN ANNUAL BASIS. A COMMITTEE DESIGNATED BY THE BOARD OF TRUSTEES REVIEWS THE BASIS FOR DETERMINING THE COMPENSATION OF THOSE INDIVIDUALS THAT REPORT DIRECTLY TO THE EXECUTIVE DIRECTOR. THIS REVIEW CONSIDERS THE COMPARABILITY OF COMPENSATION PAID FOR SIMILAR POSITIONS IN LIKE CIRCUMSTANCES IN SIMILIAR INSTITUTIONS. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATIONAL DOCUMENTS ARE AVAILABLE UPON REQUEST TO THE VP OPERATIONS AND FINANCE. FORM 990, PART XI, LINE 9: COLLECTION ITEMS NOT CAPITALIZED -196,885. SPECIAL EVENTS 104,465.