2017-02-14T14:17:41-06:00 2016-06-30 113518842 MARKS PANETH LLP 685 THIRD AVENUE NEW YORK NY 10017 990 2015-07-01 112201344 BROOKLYN ACADEMY OF MUSIC INC BROO 7186364110 30 LAFAYETTE AVENUE BROOKLYN NY 11217 KEITH STUBBLEFIELD CFO 7186364153 2017-02-14 1 ROBERT LYONS P00227472 2125038800 2015 2021-01-29 14:40:06Z KATY CLARK 30 LAFAYETTE AVENUE BROOKLYN NY 11217 58122654 0 X WWW.BAM.ORG X 1861 NY BAM IS THE HOME FOR ADVENTUROUS ARTISTS, AUDIENCES, AND IDEAS. 61 59 909 84 0 0 35608797 34874346 22222765 19036594 8105 -165 959783 918064 58799450 54828839 5000 0 0 0 30885026 31886761 0 0 7679910 28108404 26932300 58998430 58819061 -198980 -3990222 137978041 129216799 6911473 10045061 131066568 119171738 X BAM'S MISSION IS TO BE THE HOME FOR ADVENTUROUS ARTISTS, AUDIENCES, AND IDEAS. 0 0 14083931 8083144 SPRING 2016:IN JANUARY 2016, BAM COMMENCED OUR SPRING SEASON WITH TRISHA BROWN DANCE COMPANY, INCLUDING A PERFORMANCE OF SET AND RESET, ORIGINALLY COMMISSIONED BY BAM FOR THE INAUGURAL NEXT WAVE FESTIVAL IN 1983. FOLLOWING THE TRISHA BROWN DANCE COMPANY, BAM'S 2016 SPRING SEASON CONTINUED WITH THE MARIINSKY AT BAM, WITH THE MARIINSKY OPERA AND BALLET COMPANIES' RETURN FOR A SECOND YEAR IN RESIDENCE AT BAM. OTHER SPRING 2016 HIGHLIGHTS INCLUDED MALY DRAMA THEATRE OF ST. PETERSBURG'S GRITTY INTERPRETATION OF ANTON CHEKHOV'S THE CHERRY ORCHARD; THE GLORY OF THE WORLD, CHARLES MEE'S INNOVATIVE NEW WORK ABOUT THE LIFE AND WORK OF THOMAS MERTON; THE ROYAL SHAKESPEARE COMPANY'S KING AND COUNTRY: SHAKESPEARE'S GREAT CYCLE OF KINGS, AN EPIC PRESENTATION OF WILLIAM SHAKESPEARE'S HENRIAD TETRALOGY-RICHARD II, HENRY IV PARTS - I AND II, AND HENRY V; AND WILLIAM CHRISTIE'S BAROQUE OPERA-BALLET AND COMPOSER ANDRE CAMPRA'S NOD TO FRENCH LIBERTINISM, LES FETES VENITIENNES. 7940975 3755028 NEXT WAVE FESTIVAL 2015:IN SEPTEMBER 2015, BAM LAUNCHED OUR 33RD ANNUAL NEXT WAVE FESTIVAL WITH THE U.S. PREMIERE OF RICE BY CLOUDGATE DANCE THEATRE OF TAIWAN, A CELEBRATION OF THE EARTH INSPIRED BY THE RURAL TOWNSHIP OF CHIHSHANG IN TAIWAN'S EAST RIFT VALLEY. BAM PRESENTED AN ADDITIONAL 31 GROUNDBREAKING NEXT WAVE PRODUCTIONS, REACHING A TOTAL AUDIENCE OF 92,737. THE 2015 NEXT WAVE FESTIVAL CLOSED ON DECEMBER 19, 2015 WITH SANCHO: AN ACT OF REMEMBRANCE, A NEW ONE-MAN PLAY WRITTEN AND PERFORMED BY PATERSON JOSEPH, INSPIRED BY THE STORY OF COMPOSER, ACTOR, AND WRITER CHARLES "SANCHO" IGNATIUS, WHO BECOME THE FIRST PERSON OF AFRICAN DESCENT TO CAST A VOTE IN ENGLAND. 3499596 478573 EDUCATION:IN 2015-2016, THROUGH A BROAD RANGE OF INITIATIVES-INCLUDING IN-SCHOOL WORKSHOPS, INTENSIVE AFTERSCHOOL PROGRAMS, AND SCHOOL-TIME PERFORMANCES OF DANCE, MUSIC, FILM, AND THEATER-BAM EDUCATION ENGAGED UP TO 40,000 ADULTS, STUDENTS, FAMILIES, AND TEACHERS IN OVER 225 NEW YORK CITY SCHOOLS WITH UNPARALLELED ACCESS TO INTERACTIVE, ENRICHING PROGRAMS FOR FREE OR FOR A LOW, SUBSIDIZED RATE. BAM'S EDUCATION INITIATIVES INCLUDED ARTS AND LITERARY PROGRAMS SUCH AS ARTS & JUSTICE, SHAKESPEARE TEACHES, BROOKLYN READS, THE SCREENINGS FILM PROGRAM, AND CULTURAL ENHANCEMENT PROGRAMS INCLUDING THE DANCEAFRICA EDUCATION PROGRAM. 21452872 6719849 EXPENSES IN THIS CATEGORY INCLUDE BAMCINEMATEK, BAMCINEMAFEST, AND BAM COMMUNITY OUTREACH PROGRAMMING. EXPENSES IN THIS CATEGORY ALSO INCLUDE OVERHEAD COSTS COVERING PRODUCTION MANAGEMENT, ARTIST SERVICES, MARKETING, AND BUILDING OPERATIONS ALL IN SUPPORT OF THE ORGANIZATION'S PROGRAMMING. BAM RENTS ITS THEATERS AND PUBLIC SPACES TO COMMERCIAL AND NON-PROFIT GROUPS, AS WELL AS COMMUNITY ORGANIZATIONS AND INDIVIDUALS. 21452872 6719849 46977374 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 316 0 909 1 0 0 0 0 0 1 1 0 0 0 0 X 61 59 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X KEITH STUBBLEFIELD 7186364153 30 LAFAYETTE AVENUE BROOKLYN NY 11217 ALAN H FISHMAN CHAIRMAN 5.00 X X 0 0 0 ADAM E MAX VICE CHAIRMAN 5.00 X X 0 0 0 WILLIAM I CAMPBELL VICE CHAIRMAN 5.00 X X 0 0 0 KAREN BROOKS HOPKINS PRESIDENT (FORMER) 60.00 X X 342342 0 27057 JOSEPH V MELILLO EXECT.PRODUCER & SECRETARY 60.00 X X 399549 0 53031 JAMES MCLAREN TREASURER 5.00 X X 0 0 0 KATY CLARK PRESIDENT 60.00 X X 1106663 0 24672 TONY BECHARA DIRECTOR 0.50 X 0 0 0 JONATHAN AUERBACH DIRECTOR 0.50 X 0 0 0 LINDA CHINN DIRECTOR 0.50 X 0 0 0 HENRY CHRISTENSEN III DIRECTOR 0.50 X 0 0 0 PAMELA A CODISPOTI DIRECTOR 0.50 X 0 0 0 CHERYL DELLA ROSA DIRECTOR 0.50 X 0 0 0 DINYAR S DEVITRE DIRECTOR 0.50 X 0 0 0 BETH RUDIN DEWOODY DIRECTOR 0.50 X 0 0 0 MARK DIKER DIRECTOR 0.50 X 0 0 0 ANDRE DUA DIRECTOR 0.50 X 0 0 0 BRENDAN DUGAN DIRECTOR 0.50 X 0 0 0 THERESE M ESPERDY DIRECTOR 0.50 X 0 0 0 TERI EVERETT DIRECTOR 0.50 X 0 0 0 MALLORY FACTOR DIRECTOR 0.50 X 0 0 0 ANOUSHKA HEALY DIRECTOR 0.50 X 0 0 0 RICHARD E FELDMAN ESQ DIRECTOR 0.50 X 0 0 0 STEVEN G FELSHER DIRECTOR 0.50 X 0 0 0 JEANNE DONOVAN FISHER DIRECTOR 0.50 X 0 0 0 BARRY FOX DIRECTOR 0.50 X 0 0 0 MARYANNE GILMARTIN DIRECTOR 0.50 X 0 0 0 ROBERT M GREENBERG DIRECTOR 0.50 X 0 0 0 GPENN HOLSENBECK DIRECTOR 0.50 X 0 0 0 DAN KLORES DIRECTOR 0.50 X 0 0 0 EDGAR LAMPERT DIRECTOR 0.50 X 0 0 0 GRANT S JOHNSON DIRECTOR 0.50 X 0 0 0 GARY LYNCH DIRECTOR 0.50 X 0 0 0 AHRIN MISHAN DIRECTOR 0.50 X 0 0 0 JOHN USDAN DIRECTOR 0.50 X 0 0 0 WILLIAM A PERLMUTH DIRECTOR 0.50 X 0 0 0 FRANCES RESHESKE DIRECTOR 0.50 X 0 0 0 JONATHAN ROSE DIRECTOR 0.50 X 0 0 0 ANNA KUZMIK SAMPAS DIRECTOR 0.50 X 0 0 0 ALBERTO SANCHEZ DIRECTOR 0.50 X 0 0 0 TIMOTHY SEBUNYA DIRECTOR 0.50 X 0 0 0 BRIGITTE VOSSE DIRECTOR 0.50 X 0 0 0 JESSICA SMITH DIRECTOR 0.50 X 0 0 0 BRIAN STAFFORD DIRECTOR 0.50 X 0 0 0 JOSEPH STERN DIRECTOR 0.50 X 0 0 0 PEDRO J TORRES DIRECTOR 0.50 X 0 0 0 NORA ANN WALLACE DIRECTOR 0.50 X 0 0 0 ADAM WOLFENSOHN DIRECTOR 0.50 X 0 0 0 CLAIRE WOOD DIRECTOR 0.50 X 0 0 0 ANDREW ZOLLI DIRECTOR 0.50 X 0 0 0 ANNE HUBBARD DIRECTOR 0.50 X 0 0 0 PATRICIA MICHELS DIRECTOR 0.50 X 0 0 0 GORDON BOWEN DIRECTOR 0.50 X 0 0 0 SARAH ROBERTSON DIRECTOR 0.50 X 0 0 0 AXEL STAWSKI DIRECTOR 0.50 X 0 0 0 RUDOLPH CREW DIRECTOR 0.50 X 0 0 0 BARTHOLOMEW SHEEHAN III DIRECTOR 0.50 X 0 0 0 DAVID PICKET DIRECTOR 0.50 X 0 0 0 FRANCES BERMANZOHN DIRECTOR 0.50 X 0 0 0 PHILLIPE KRAKOWSKY DIRECTOR 0.50 X 0 0 0 VERONICA WESTBERG DIRECTOR 0.50 X 0 0 0 ALICE BERNSTEIN EXECUTIVE VICE PRESIDENT 50.00 X 311799 0 39179 KEITH STUBBLEFIELD CFO 50.00 5.00 X 305976 0 50365 STEPHANIE HUGHLEY VP EDUCATION & HUMANITIES 50.00 X 199729 0 28361 JOHN LANASA VP MARKETING & COMMUN 50.00 X 174494 0 28561 RICCARDO SALMONA VP INSITUTIONAL ADVANCEMENT 50.00 X 321579 0 44210 EFI SHAHAR CINEMA EXECUTIVE MANAGER 45.00 X 173147 0 32894 MARC PUTZ STAGEHAND SOUND ENGINEER 40.00 X 153931 0 46071 WILLIAM LYNCH DIRECTOR LEADERSHIP GIFTS 40.00 X 156074 0 24812 NICHOLAS VARACALLI STAGEHAND MASTER OF PROPERTIES 40.00 X 172505 0 51631 JAMES D'ADAMO STAGEHAND HEAD ELECTRICIAN 40.00 X 154606 0 46274 3972394 0 497118 51 0 1 0 ROYAL SHAKESPEARE COMPANY WATERSIDE WARWICKSHIRE STRATFORD-UPON-AVON UK CV37 COMPANY FEE 1288843 MITCHELL GIURGOLA ARCHITECTS LLP 630 NINTH AVENUE SUITE 711 NEW YORK NY 10036 ARCHITECTURE 840646 CANADIAN OPERA COMPANY 145 QUEEN STREET W TORONTO ONTARIO CA M5H 4G1 COMPANY FEE 741502 THE STATE ACADEMIC MARIINNSKY THEATRE 1 THEATRE SQUARE SAINT PETERSBURG RS COMPANY FEE 740000 SITUATION INTERACTIVE 469 7TH AVE FLOOR 13 NEW YORK NY 10018 ADVERTISING 568817 52 1227076 4359525 5619080 23668665 1357740 34874346 PERFORMANCE INCOME 711110 14173259 14173259 BAM ROSE CINEMA 711110 4064544 4064544 CO-PRESENTER INCOME 711190 462606 462606 BAMART REVENUE 900099 336185 336185 19036594 439 439 2060535 1886512 174023 174023 174023 1218010 1218614 -604 -604 -604 188689 1227076 188689 0 MISCELLANEOUS INCOME 900099 744041 744041 744041 54828839 19036594 0 917899 X 3251170 1666640 728261 856269 21461220 16710389 1663548 3087283 47263 17345 9239 20679 3030525 2401608 216937 411980 4096583 3208164 317495 570924 127539 127539 81000 81000 22500 22500 140 140 7895656 7743792 44433 107431 2631137 2293881 4259 332997 512636 479258 10159 23219 160284 156026 1753 2505 835248 833873 1375 2876948 2815848 20447 40653 1916935 1538543 136260 242132 213667 54795 158872 PRODUCTION EXPENSES 2786849 2733703 8205 44941 FILM RENTAL 1515982 1515982 0 0 MISCELLANEOUS 1342386 1086765 34308 221313 HOSPITALITY & RECEPTION 970752 274908 28649 667195 3042641 1445854 547773 1049014 58819061 46977374 4161777 7679910 1630350 800429 17782551 17135343 1004631 382470 1471585 1037259 30274371 12328915 16626132 17945456 99462792 91915842 137978041 129216799 3726786 4242344 1018538 1152651 2166149 4650066 6911473 10045061 X 14004146 14083128 33221414 20567411 83841008 84521199 131066568 119171738 137978041 129216799 X -3990222 -7904608 X X 0 1 X 1 1 1 X 52760133 24647582 31593758 35608797 34874346 179484616 52760133 24647582 31593758 35608797 34874346 179484616 10103056 169381560 2711922 2813750 231060 85534 173858 6016124 1020507 1136254 1000771 874603 744041 4776176 190276916 94043397 0.89020 0.89450 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1000000 1000000 1000000 1000000 4000000 6000000 4550 22500 27050 250000 250000 250000 250000 1000000 1500000 4550 22500 27050 99346428 687529 -3406757 4359525 693671 91574004 96805763 5405159 1845177 3894962 814709 99346428 87877935 351160 13415401 3546077 1292656 96805763 80872090 279374 11231658 3337860 1167327 87877935 83116249 2622492 -1160644 3008640 697367 80872090 0.09590 0.90320 0.00090 0 1 1 2455533 518261 1937272 16850628 8413647 8436981 5492194 2696583 2795611 5476016 700424 4775592 17945456 BENEFICIAL INTEREST IN BAM ENDOWMENT TRUST 91574003 SECURITY DEPOSITS AND OTHER 341839 91915842 DUE TO BAM ENDOWMENT TRUST 975000 DUE TO NYC CIRS 1925066 LINE OF CREDIT 1750000 4650066 X 47015231 90860 -7904608 -7813748 54828979 -140 -140 54828839 60796293 90860 1886512 1977372 58818921 140 140 58819061 PART V, LINE 4: THE ENDOWMENT FUNDS REPORTED IN PART V ARE BEING ADMINISTERED THROUGH THE BAM ENDOWMENT TRUST, A SUPPORTING ORGANIZATION AS DEFINED IN CODE SECTION 509(A)(3) OF THE INTERNAL REVENUE CODE OF 1986. THE EARNINGS OF THE TRUST ARE USED EXCLUSIVELY TO ASSIST BAM IN CARRYING OUT ITS MISSION. PART X, LINE 2: BAM BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2016 AND 2015 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISION FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: INCREASE IN BENEFICIAL INTEREST IN BAM ENDOWMENT TRUST -7,772,425. CULTURAL INSTITUTIONS RETIREMENT SYSTEM -132,183. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 1,886,512. THE HARD NUT BENEFIT 75935 56955 18980 9087 9680 212 THE JUDAS KISS GALA 967874 864345 103529 75092 4818 26319 2 371956 305776 66180 61012 0 2469 1415765 1227076 188689 145191 14498 29000 188689 0 X X X X X 0 1 0 0 0 0 0 0 0 KAREN BROOKS HOPKINS PRESIDENT (FORMER) 202671 0 0 0 139671 0 21280 0 5777 0 369399 0 0 0 JOSEPH V MELILLO EXECT.PRODUCER & SECRETARY 399549 0 0 0 0 0 41953 0 11078 0 452580 0 0 0 KATY CLARK PRESIDENT 138892 0 0 0 967771 0 14584 0 10088 0 1131335 0 0 0 ALICE BERNSTEIN EXECUTIVE VICE PRESIDENT 311799 0 0 0 0 0 32739 0 6440 0 350978 0 0 0 KEITH STUBBLEFIELD CFO 301139 0 0 0 4837 0 31620 0 18745 0 356341 0 0 0 STEPHANIE HUGHLEY VP EDUCATION & HUMANITIES 189729 0 10000 0 0 0 19922 0 8439 0 228090 0 0 0 JOHN LANASA VP MARKETING & COMMUN 174494 0 0 0 0 0 18322 0 10239 0 203055 0 0 0 RICCARDO SALMONA VP INSITUTIONAL ADVANCEMENT 301960 0 15000 0 4619 0 31706 0 12504 0 365789 0 0 0 EFI SHAHAR CINEMA EXECUTIVE MANAGER 136852 0 36295 0 0 0 14369 0 18525 0 206041 0 0 0 MARC PUTZ STAGEHAND SOUND ENGINEER 153931 0 0 0 0 0 26168 0 19903 0 200002 0 0 0 WILLIAM LYNCH DIRECTOR LEADERSHIP GIFTS 156074 0 0 0 0 0 16388 0 8424 0 180886 0 0 0 NICHOLAS VARACALLI STAGEHAND MASTER OF PROPERTIES 172505 0 0 0 0 0 29326 0 22305 0 224136 0 0 0 JAMES D'ADAMO STAGEHAND HEAD ELECTRICIAN 154606 0 0 0 0 0 26283 0 19991 0 200880 0 0 0 ADAM MAX VICE CHAIRMAN 18458 MR. MAX IS A DIRECTOR AND PART-OWNER OF PRG, A COMPANY WITH WHOM BAM HAS DONE BUSINESS FOR MANY YEARS. THESE TRANSACTIONS INVOLVE RENTAL OF LIGHTING AND SOUND EQUIPMENT AND ARE CONDUCTED AT ARMS-LENGTH BY BAM'S PRODUCTION STAFF. 0 S X 1 971494 FAIR MARKET VALUE X 8 43970 FAIR MARKET VALUE X OTHER 24 315303 FAIR MARKET VALUE X CATERING 4 26973 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS MARK DIKER AND JONATHAN ROSE EACH INVEST IN ONE OF THE OTHER'S INVESTMENT FUNDS. BOARD MEMBERS ALAN FISHMAN AND ADAM MAX ARE BOTH INVESTORS IN THE BLUE [SEED] CAPITAL FUND, MANAGED BY BAM TRUSTEE BRIAN STAFFORD. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT VERSION OF THE TAX RETURNS ARE PRESENTED TO THE FULL BOARD FOR REVIEW AND COMMENT IN ADVANCE OF THE FILING DEADLINE. AFTER ANY NECESSARY REVISIONS, THE TAX RETURNS ARE FILED WITH THE APPROPRIATE AUTHORITIES. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, ALL MEMBERS OF THE BOARD OF TRUSTEES AND SENIOR MANAGEMENT ARE REQUIRED TO REVIEW AND SIGN BAM'S CONFLICT OF INTEREST POLICY. WHEN A BIDDING SITUATION WITH A POTENTIAL CONFLICT ARISES, PROPOSALS FROM MULTIPLE SOURCES ARE REQUESTED. A SUBCOMMITTEE OF BAM'S BOARD GOVERNANCE COMMITTEE SERVES AS THE CONFLICT OF INTEREST COMMITTEE AND EVALUATES EACH CONFLICT OR POTENTIAL CONFLICT TO ENSURE THAT EACH BID MEETS THE CRITERIA SET FORTH IN BAM'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 A COMMITTEE CONSISTING OF INDEPENDENT TRUSTEES AND MEMBERS OF MANAGEMENT COMPLETED A COMPENSATION REVIEW. THE SALARY AND BENEFIT DATA FOR COMPARABLE ROLES WAS REVIEWED AND DISCUSSED. FOR TOP MANAGEMENT, OFFICERS, AND KEY EMPLOYEES, A COMPENSATION TARGET AND RANGE WAS ESTABLISHED FOR EACH POSITION. FORM 990, PART VI, SECTION C, LINE 19 THROUGH ITS WEBSITE (WWW.BAM.ORG), BAM MAKES AVAILABLE ITS CONFLICT OF INTEREST POLICY AND ITS FINANCIAL STATEMENTS. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 7,743,792. MANAGEMENT AND GENERAL EXPENSES 44,433. FUNDRAISING EXPENSES 107,431. TOTAL EXPENSES 7,895,656. FORM 990, PART XI, LINE 9: INCREASE IN BENEFICIAL INTEREST IN BET ENDOWMENT TRUST -7,772,425. CULTURAL INSTITUTIONS RETIREMENT SYSTEM -132,183. FORM 990, PART XII, LINE 2C: THE PROCESS OF OVERSEEING THE AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT HAS NOT BEEN CHANGED FROM THE PRIOR YEAR. BAM ENDOWMENT TRUST 30 LAFAYETTE AVENUE BROOKLYN NY 11217 113112268 THE BAM ENDOWMENT TRUST OPERATES EXCLUSIVELY FOR THE BENEFIT OF BAM NY 501(C)(3) LINE 11C, III-FI BROOKLYN ACADEMY OF MUSIC INC 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 BAM ENDOWMENT TRUST Q 200000 COST BAM ENDOWMENT TRUST C 4359525 CASH BAM ENDOWMENT TRUST R 2549887 CASH BAM ENDOWMENT TRUST E 4375000 CASH