2016-05-16T11:59:00-05:00 2015-06-30 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2014-07-01 112104059 NEW YORK HALL OF SCIENCE NEWY 7186990005 47-01 111TH STREET CORONA NY 11368 MARGARET HONEY CHIEF EXECUTIVE OFFICER 7186990005 2016-05-16 1 GARRETT M HIGGINS P00543209 2122862600 2015-05-16 2014 2016-08-17 19:52:53Z MARGARET HONEY 47-01 111TH STREET CORONA NY 11368 23521746 0 X HTTP://WWW.NYSCI.ORG X 1964 NY SEE SCHEDULE O FOR ORGANIZATION MISSION STATEMENT IN FULL 35 35 374 88 0 0 15797962 15618131 2843183 2967859 430125 650643 958879 990088 20030149 20226721 1707630 1089260 0 0 11528879 12124197 115436 121661 3170096 7561587 7750088 20913532 21085206 -883383 -858485 70733736 70053303 2004881 2405175 68728855 67648128 X THROUGH THE GUIDING DESIGN-MAKE-PLAY PHILOSOPHY, NYSCI IS COMMITTED TO TRANSFORMING STEM LEARNING LOCALLY, NATIONALLY AND GLOBALLY BY CREATING EXPERIENCES, PRODUCTS AND PROGRAMS THAT ENGAGE DIVERSE COMMUNITIES OF YOUNG PEOPLE IN BECOMING PASSIONATE AND KNOWLEDGEABLE ABOUT STEM AND STEM CAREERS. 0 0 6987077 2336181 EXHIBITIONS: IN ITS FIRST 50 YEARS, NYSCI HAS EVOLVED INTO A LEADER IN THE SCIENCE MUSEUM FIELD, HIGHLY REGARDED FOR ITS EXHIBITIONS, PROGRAMS AND EDUCATIONAL PROJECTS. ON MAY 18, 2015, NYSCI WAS AWARDED THE NATIONAL MEDAL FOR MUSEUM AND LIBRARY SERVICE, THE NATION'S HIGHEST HONOR FOR MUSEUMS AND LIBRARIES.THROUGH ITS PLACE, NYSCI OFFERS EXHIBITS AND PROGRAMS THAT USE DESIGN-MAKE-PLAY METHODOLOGIES TO DEEPEN VISITOR ENGAGEMENT AND CREATE BROAD PATHWAYS OF OPPORTUNITY FOR YOUTH TO PURSUE STEM CAREERS. SEE SCHEDULE O FOR CONTINUATIONAN UNPARALLELED RANGE OF 450 PERMANENT INTERACTIVE EXHIBITS EXPLORE CHEMISTRY, BIOLOGY, ASTRONOMY, PHYSICS, GENETICS, AND MUCH MORE, ALL GEARED FOR CHILDREN AND ADULTS. BY COMBINING THESE EXHIBITS WITH THE OUTDOOR SCIENCE PLAYGROUND, ROCKET PARK MINI GOLF, MAKER SPACE, THE BIOCHEMISTRY, ASTRONOMY AND CONNECTIONS DISCOVERY LABS, THE PRESCHOOL PLACE FOR EARLY CHILDHOOD LEARNING, AND NATIONALLY REPLICATED SCIENCE EDUCATION PROGRAMS FOR UNDERSERVED POPULATIONS, NYSCI OFFERS A HIGH-TECH, HANDS-ON EXPERIENCE OF DISCOVERY FOR VISITORS OF ALL AGES.CONNECTED WORLDS: IN JUNE 2015, NYSCI DEBUTED CONNECTED WORLDS, THE LARGEST INTERACTIVE DIGITAL MUSEUM EXHIBITION IN THE WORLD. A FIRST-OF-ITS-KIND EXPERIENCE ROOTED IN SYSTEMS THINKING AND SUSTAINABILITY SCIENCE, IT WAS DUBBED BY WIRED MAGAZINE AS "THE KEY TO DIGITAL LEARNING". THROUGH STATE-OF-THE-ART SENSOR TECHNOLOGIES, VISITORS INTERACT WITH DYNAMIC ANIMATED PROJECTIONS OF SIX DISTINCT BUT INTERCONNECTED ENVIRONMENTS, STRATEGIZE TO KEEP SYSTEMS BALANCED, AND EXPERIENCE HOW INDIVIDUAL AND COLLECTIVE ACTIONS CAN HAVE IMPACT. THE CONTINUOUSLY CHANGING EXPERIENCES ARE DRIVEN BY GESTURE-SENSING AND LOCATION-TRACKING TECHNOLOGIES AS WELL AS GLOBAL AND ENVIRONMENTAL DATABASES. DESIGN LAB: THIS 6,300-SQUARE-FOOT PERMANENT EXHIBITION PROVIDES A MULTI-FACETED, HANDS-ON EXPERIENCE WHERE VISITORS OF ALL AGES LEARN THE FUNDAMENTALS OF ENGINEERING THROUGH DESIGN. WITHIN EACH AREA - STUDIO, TREEHOUSE, BACKSTAGE AND SANDBOX - STUDENTS, TEACHERS AND FAMILIES ARE INVITED TO ENGAGE IN ACTIVITIES THAT PROVIDE A DEEPER UNDERSTANDING OF THE ENGINEERING AND DESIGN PROCESS. IN THE CLASSROOM, DESIGN-BASED LEARNING CAN INVIGORATE FORMAL SCIENCE TEACHING BY MAKING STUDENTS ACTIVE PARTICIPANTS WHO CONDUCT STEM EXPERIMENTS TO SOLVE A PROBLEM. 3996157 364876 EDUCATION:SCIENCE CAREER LADDER (SCL): A YOUTH DEVELOPMENT AND EMPLOYMENT PROGRAM AIMED AT INCREASING THE PARTICIPATION OF WOMEN AND PEOPLE OF COLOR IN STEM PROFESSIONS, SCL TRAINS HIGH SCHOOL AND COLLEGE STUDENTS AS EXPLAINERS TO LEAD DEMONSTRATIONS, ASSIST AND INSTRUCT MUSEUM VISITORS, AND FACILITATE PUBLIC PROGRAMS. THE SCIENCE CAREER LADDER HAS SERVED OVER 3,000 YOUTH SINCE ITS INCEPTION, EMPLOYING THEM AS EXPLAINERS AND PROVIDING THEM WITH MENTORING, APPRENTICESHIPS AND NETWORKING OPPORTUNITIES TO HELP THEM PREPARE FOR CAREERS IN STEM FIELDS.SEE SCHEDULE O FOR CONTINUATIONALAN J. FRIEDMAN CENTER FOR THE DEVELOPMENT OF YOUNG SCIENTISTS: CREATED IN HONOR OF THE MEMORY OF DR. ALAN J. FRIEDMAN, WHO LED THE INSTITUTION FROM 1984 UNTIL 2006, THE FRIEDMAN CENTER NOT ONLY SUSTAINS THE SCIENCE CAREER LADDER, BUT ALSO ENABLES THE CREATION OF ADDITIONAL PROGRAMS TO CULTIVATE THE INTERESTS AND CAREERS OF YOUNG SCIENTISTS. THE FRIEDMAN CENTER INCLUDES EXPANDED INITIATIVES LIKE THE INNOVATION INSTITUTE THAT ENGAGES HIGH SCHOOL STUDENTS IN NEXT-GENERATION ENTREPRENEURIAL ACTIVITIES; STEM CAREER NIGHTS FOR ASPIRING YOUNG SCIENTISTS TO LEARN FROM STEM PROFESSIONALS; EXPLAINER TV, WHICH TEACHES VIDEO PRODUCTION AND PHOTOGRAPHY; AND SCIENCE CAREER LADDER RESIDENCIES FOR GROWTH AND DEVELOPMENT TRAINING IN STEM FIELDS.AFTER SCHOOL PROGRAMS: THROUGH WORKSHOPS, CLUBS, CAMPS AND OUTREACH ACTIVITIES DESIGNED TO TEACH THE BASIC PRINCIPLES OF CHEMISTRY, PHYSICS, BIOLOGY, ECOLOGY, FORENSICS AND OTHER SCIENTIFIC DISCIPLINES, THESE PROGRAMS PROVIDE ELEMENTARY THROUGH HIGH SCHOOL STUDENTS WITH HANDS-ON LEARNING AND LEADERSHIP EXPERIENCES. AFTERSCHOOL CLUBS TAP INTO THE MAKER MOVEMENT AND INCORPORATE MAKER-RELATED ACTIVITIES SPECIFICALLY DESIGNED TO FOSTER INVENTION IN YOUNG "TINKERS" THROUGH EXPERIMENTAL PROBLEM SOLVING, PROJECT DESIGN AND CONSTRUCTION. THE AFTERSCHOOL CLUBS AND CAMPS PROGRAMS ENGAGE OVER 450 STUDENTS EVERY YEAR.TEACHER DEVELOPMENT: NYSCI HELPS THOUSANDS OF TEACHERS EACH YEAR INFUSE THEIR CLASSES WITH HANDS-ON ACTIVITIES, SCIENTIFIC INQUIRY AND STANDARDS-BASED CONTENT. PROGRAMS INCLUDE ONLINE AND IN-PERSON WORKSHOPS AND COURSES, IN-CLASS COACHING, AND A VARIETY OF CURRICULAR RESOURCES. THIS YEAR, NEW WORKSHOPS OFFER INNOVATIVE PROFESSIONAL DEVELOPMENT EXPERIENCES THAT FOSTER PROBLEM SOLVING AND CRITICAL THINKING SKILLS THROUGH STUDENT-DRIVEN ACTIVITIES THAT INVOLVE DIVERGENT SOLUTIONS, MEANINGFUL REFLECTION AND CREATIVE COLLABORATION. NYSCI'S PROFESSIONAL DEVELOPMENT PROGRAMS INSPIRE TEACHER MOTIVATION AND ENHANCE PERFORMANCE IN SCIENCE CLASSROOMS AT ALL GRADE LEVELS. VIRTUAL VISITS: THIS AWARD-WINNING PROGRAM CONNECTS STUDENTS IN CLASSROOMS, HOSPITALS OR OTHER SETTINGS WITH NYSCI EDUCATORS, PROVIDING A RICH, INTERACTIVE SCIENCE LEARNING EXPERIENCE. STUDENTS PARTICIPATE IN STATE-MANDATED CHEMISTRY AND BIOLOGY LABS, AND CHILDREN IN MULTIPLE HOSPITALS ARE ALLOWED TO CONNECT WITH ONE ANOTHER, SIMULATING THE FEEL OF A LIVE CLASSROOM. VIRTUAL VISITS UTILIZES NEW AND INNOVATIVE TECHNOLOGY SUCH AS AN INTERACTIVE VIDEOCONFERENCING PLATFORM AND A REMOTE CONTROLLED VGO ROBOT THAT ALLOWS A VULNERABLE POPULATION TO PARTICIPATE IN NYSCI'S PROGRAMS FROM A DISTANCE. 498213 266802 PUBLIC PROGRAMS:MAKER SPACE: OCCUPYING 1,200 SQUARE FEET, MAKER SPACE IS A DYNAMIC LEARNING ENVIRONMENT AT NYSCI WHERE ASPIRING MAKERS OF ALL AGES TINKER, EXPERIMENT, CREATE, SHARE IDEAS AND WORK WITH PHYSICAL AND DIGITAL TOOLS YEAR-ROUND. NYSCI'S MAKER PROGRAMS PROVIDE YOUNG PEOPLE, AGES 3 TO 18, MULTIPLE PATHWAYS TO LEARNING STEM THAT IN TURN FOSTER IMAGINATION, CRITICAL THINKING, ENTREPRENEURSHIP AND INNOVATION. THIS YEAR, MAKER SPACE LAUNCHED A NEW SUITE OF WORKSHOPS FOR SCHOOL GROUPS AND TEACHERS THAT ARE ALIGNED TO THE NEW YORK STATE EDUCATION STANDARDS AND ENCOURAGE EXPERIMENTATION AND COLLABORATION. SEE SCHEDULE O FOR CONTINUATIONEARLY CHILDHOOD AND FAMILY LEARNING INITIATIVES: THE PRIMARY LOCATION FOR WORKSHOPS AND ACTIVITIES IS THE 2,500-SQUARE FOOT EARLY CHILDHOOD LEARNING ENVIRONMENT, PRESCHOOL PLACE, WHICH OFFERS A VARIETY OF IMAGINATIVE LEARNING EXPERIENCES THAT INTRODUCE YOUNG CHILDREN (AGES 6 AND YOUNGER) AND THEIR ACCOMPANYING PARENTS, GRANDPARENTS AND CAREGIVERS, TO THE SCIENCE OF SOUND, COLOR, LIGHT, MEASUREMENT AND SIMPLE MACHINES. ADDITIONAL SPACES FOR PRESCHOOL CHILDREN INCLUDE THE PRESCHOOL LAUNCH PAD AND THE PRESCHOOL SCIENCE PLAYGROUND DESIGNED ESPECIALLY FOR CHILDREN SIX AND UNDER. AT PRESCHOOL PLACE AND THROUGHOUT THE ENTIRE MUSEUM SPACE, NYSCI'S YOUNGEST VISITORS ARE USING MATERIALS IN UNEXPECTED WAYS AND MAKING OBJECTS THAT GO BEYOND WHAT WOULD BE POSSIBLE WITH MORE TRADITIONAL AND PRESCRIPTIVE SCIENCE ACTIVITIES. LITTLE MAKERS AND FAMILY SCIENCE ADVENTURES: LITTLE MAKERS PROVIDES PRE-K READINESS THROUGH WORKSHOPS USING HANDS-ON, DESIGN-BASED CHALLENGES AND SCIENCE/TECHNOLOGY EXPERIENCES TO FOSTER THE DEVELOPMENT OF SCIENTIFIC INQUIRY SKILLS INCLUDING OBSERVATION, MEASUREMENT, CLASSIFICATION, EXPERIMENTATION, PREDICTION, AND COMMUNICATION. FAMILY SCIENCE ADVENTURES FACILITATES CREATIVE ART PROJECTS AND INNOVATIVE SCIENCE EXPERIMENTS IN A SERIES OF WORKSHOPS THAT ENGAGE YOUNG CHILDREN, PARENTS, AND CAREGIVERS IN HANDS-ON-SCIENCE PROJECTS THAT PROMOTE SCIENTIFIC INQUIRY AND SKILLS.WORLD MAKER FAIRE: NYSCI HOSTED THE FIFTH ANNUAL WORD MAKER FAIRE, A WEEKEND OF CREATIVITY, DISCOVERY AND INNOVATION THAT ARE EQUAL PARTS SCIENCE FAIR, CARNIVAL, TECHNOLOGY CONVENTION, ART FESTIVAL AND GATHERING FOR PEOPLE INTERESTED IN ALL KINDS OF DO-IT-YOURSELF ENGINEERING. THIS YEAR, WORLD MAKER FAIRE ATTRACTED MORE THAN 85,000 PEOPLE WHO CAME FROM 45 STATES AND 36 COUNTRIES TO SEE THE WORKS OF MORE THAN 800 MAKERS. ATTENDEES INCLUDE FAMILIES, EDUCATORS, ENGINEERS, ARTISTS, TECHNOLOGISTS, ENTREPRENEURS AND CORPORATE LEADERS THAT CONNECT, TINKER AND MAKE ALL TYPES OF STEM-RELATED ACTIVITIES. 3962730 1089260 SARA LEE SCHUPF FAMILY CENTER FOR PLAY, SCIENCE, AND TECHNOLOGY (SCIPLAY): AN APPLIED RESEARCH AND DEVELOPMENT INITIATIVE, SCIPLAY WORKS TO CREATE NEW PRODUCTS THAT ENHANCE HOW WE ENGAGE AND SUPPORT YOUNG PEOPLE IN LEARNING SCIENCE. THE RESEARCH TEAM HAS DEVELOPED A SUITE OF DIGITAL AND CURRICULAR TOOLS THAT DRAW ON CHILDREN'S PHYSICAL PLAY AS THE BASIS FOR LEARNING PHYSICS CONCEPTS. SCIPLAY RESEARCHERS ARE ALSO EXPLORING THE USE OF PLAYFULNESS AS A PEDAGOGICAL APPROACH FOR INTRODUCING SCIENCE IDEAS TO PRESCHOOL CHILDREN THROUGH A NEW SET OF MOBILE APPLICATIONS.BEYOND THE WALLS: NYSCI'S GROUNDBREAKING SUITE OF IPAD APPS CALLED NOTICING TOOLS ALLOWS YOUNG PEOPLE TO DEVELOP CREATIVE SOLUTIONS TO PROBLEMS IN CLASSROOMS OR OTHER SETTINGS. THE NOTICING TOOLS WERE DESIGNED IN COLLABORATION WITH A DIVERSE GROUP OF NEW YORK CITY TEACHERS TO ENGAGE STUDENTS IN FOUNDATIONAL SCIENCE AND MATH CONCEPTS THROUGH REAL WORLD PROBLEMS THAT MATTER TO THEM. IN ADDITION, NYSCI RESEARCHERS HAVE BEEN DEVELOPING SUPPORTING RESOURCES FOR EDUCATORS TO IMPLEMENT THE NOTICING TOOLS IN THEIR CLASSROOMS. WORKING IN COLLABORATION WITH TEACHERS, NYSCI EDUCATORS HAVE BEGUN TO DEVELOP A SERIES OF ONLINE PROFESSIONAL DEVELOPMENT COURSES AND CURRICULA THAT INCORPORATE THE NOTICING TOOLS, AND TO OFFER EXAMPLES OF STUDENT PROJECTS AND CLASSROOM ACTIVITIES THAT EDUCATORS CAN APPLY IN THEIR OWN LESSON PLANS.PARTNERSHIPS: NYSCI IS COMMITTED TO PARTNERSHIPS THAT EXTEND ITS IMPACT LOCALLY, NATIONALLY AND INTERNATIONALLY, AND ITS WORK HAS GARNERED SUPPORT FROM LEADING FOUNDATIONS AND COMPANIES. THROUGH COLLABORATIONS WITH THE WHITE HOUSE OFFICE OF SCIENCE TECHNOLOGY POLICY AND ORGANIZATIONS LIKE THE NETWORK SCIENCE CENTER AT WEST POINT, NYSCI HAS PRODUCED CONFERENCES ON RELEVANT TOPICS, WHICH INCLUDE LEARNING AND MAKING AND THE SCIENCE OF BIG DATA. VIRTUALLY ALL OF NYSCI'S RESEARCH AND EDUCATIONAL PROGRAMS INVOLVE PARTNERS FROM UNIVERSITIES AND OTHER FORMAL AND INFORMAL LEARNING ORGANIZATIONS.NYSCI NEIGHBORS: LAUNCHED IN 2011, NYSCI NEIGHBORS HAS ENGAGED MORE THAN 700 FAMILIES, SCHOOLS, EDUCATORS AND COMMUNITY ORGANIZATIONS WITHIN A TWO-MILE RADIUS OF THE MUSEUM. NYSCI NEIGHBORS INVOLVES DEEP COLLABORATION AND PARTNERSHIPS WITH PARENT TEACHER ASSOCIATIONS, PARENT COORDINATORS, SCHOOL LEADERS AND COMMUNITY ORGANIZATIONS TO PROVIDE ENRICHMENT OPPORTUNITIES FOR CHILDREN DURING AND AFTER SCHOOL. NYSCI NEIGHBORS ENGAGES COMMUNITY MEMBERS IN EDUCATIONAL ACTIVITIES THAT SUPPORT WHOLE FAMILY LEARNING AND STRATEGIES THAT MITIGATE CULTURAL AND LANGUAGE BARRIERS. 3962730 1089260 15444177 1 1 0 1 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 1 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 117 0 374 1 0 0 0 0 0 1 1 0 0 0 0 X 35 35 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MARGARET HONEY PRESIDENT & CEO 7186990005 47-01 111TH STREET CORONA NY 11368 FRANCISCO D'SOUZA CO-CHAIR 3.00 X X 0 0 0 MELISSA G VAIL CO-CHAIR 5.00 X X 0 0 0 SIBYL R GOLDEN SECRETARY 1.00 X X 0 0 0 MARTIN R KUPFERBERG TREASURER 2.00 X X 0 0 0 GEORGE CAMPBELL JR TRUSTEE UNTIL 3/30/2015 2.00 X 0 0 0 ED CHAN TRUSTEE 1.00 X 0 0 0 DAVID CHRISTMAN TRUSTEE 2.00 X 0 0 0 ANTHONY CIOFFI TRUSTEE 1.00 X 0 0 0 RAVENEL B CURRY III TRUSTEE 2.00 X 0 0 0 NICHOLAS M DONOFRIO TRUSTEE 1.00 X 0 0 0 ATUL DUBEY TRUSTEE 2.00 X 0 0 0 SETH H DUBIN TRUSTEE 2.00 X 0 0 0 ANNA M EWING TRUSTEE 1.00 X 0 0 0 JOSEPH R FICALORA TRUSTEE 1.00 X 0 0 0 STUART FISCHER TRUSTEE 7.00 X 0 0 0 JEFFREY M FRIEDMAN TRUSTEE UNTIL 3/30/2015 4.00 X 0 0 0 JOHN J GILBERT III TRUSTEE 5.00 X 0 0 0 EDWARD D HOROWITZ TRUSTEE 2.00 X 0 0 0 MARY E KELLY TRUSTEE 1.00 X 0 0 0 JEFFREY R LIBSHUTZ TRUSTEE 1.00 X 0 0 0 YVONNE LIU TRUSTEE 1.00 X 0 0 0 PAUL J MADDON TRUSTEE 1.00 X 0 0 0 PAUL MALCHOW TRUSTEE 1.00 X 0 0 0 MARY JANE MCCARTNEY TRUSTEE 3.00 X 0 0 0 ANTHONY J MELONE TRUSTEE 1.00 X 0 0 0 JOEL H MOSER TRUSTEE UNTIL 8/31/2014 2.00 X 0 0 0 DAVID NEWMAN TRUSTEE 1.00 X 0 0 0 DEVESH RAJ TRUSTEE 1.00 X 0 0 0 STEPHEN H SANDS TRUSTEE 2.00 X 0 0 0 LINDA S SANFORD TRUSTEE 1.00 X 0 0 0 SARA LEE SCHUPF TRUSTEE 1.00 X 0 0 0 IVAN G SEIDENBERG TRUSTEE 1.00 X 0 0 0 ANIL SHRIVASTAVA TRUSTEE 1.00 X 0 0 0 ALAN SINSHEIMER TRUSTEE 5.00 X 0 0 0 JEANNE M SULLIVAN TRUSTEE 1.00 X 0 0 0 KARENANN TERRELL TRUSTEE 1.00 X 0 0 0 MICHELE TROGNI TRUSTEE 1.00 X 0 0 0 BERT WELLS TRUSTEE 1.00 X 0 0 0 KURT D WOETZEL TRUSTEE UNTIL 6/30/2015 2.00 X 0 0 0 MARGARET HONEY PRESIDENT & CEO 35.00 X 432997 0 66946 PATRICIA HUIE CHIEF FINANCIAL OFFICER 35.00 X 178765 0 29633 ROBERT LOGAN EXECUTIVE VP & COO 35.00 X 180419 0 23973 ERIC SIEGEL DIRECTOR & CHIEF CONTENT OFFICER 35.00 X 180349 0 35245 DANNY WEMPA VP, EXTERNAL AFFAIRS 35.00 X 175179 0 25756 KIRYN HOFFMAN VP INSTIT. ADVANCEMENT AS OF 3/31/14 35.00 X 143286 0 29252 SUHUI WON ASST VP INSTITUTIONAL ADVANCEMENT 35.00 X 136742 0 20366 ROBIN ROBIN VP HUMAN RESOURCES 35.00 X 129746 0 17404 STEPHEN UZZO VP SCIENCE & TECHNOLOGY 35.00 X 124386 0 38370 HAROUNA BA DIRECTOR SCIPLAY 35.00 X 122854 0 31558 1804723 0 318503 17 0 1 0 LOCAL PROJECTS 318 WEST 39TH STREET STE 908 NEW YORK NY 10018 IT DESIGN & CONSULTANT 587900 DESIGN IO LLC 37 DIMICK STREET 3 SOMVERVILLE MA 02143 EXHIBIT DESIGN & FABRICATION 521400 SITU FABRICATION 20 JAY STREET SUITE 218 BROOKLYN NY 11201 EXHIBIT DESIGN & FABRICATION 413021 WELLSPRING CONSULTANTS 198 AMITY ROAD SUITE 23 WOODBRIDGE CT 06525 STRATEGIC PLANNING 252498 PROOF PRODUCTION PO BOX 1150 MULLICA HILL NJ 08062 EXHIBIT DESIGN & FABRICATION 203569 14 544287 910240 9521422 4642182 5164940 15618131 ADMISSIONS 713990 2336181 2336181 EDUCATION/TRAINING 611710 364876 364876 PUBLIC PROGRAMS 611710 266802 266802 2967859 62871 62871 3860 3860 586756 260465 326291 326291 326291 3302448 2714676 587772 587772 587772 620699 910240 319884 300815 300815 PARKING LOT INCOME 812930 130335 130335 GIFT SHOP 453220 125915 125915 RESTAURANT/CATERING 722210 60322 60322 42550 42550 359122 20226721 2967859 0 1640731 1079260 1079260 10000 10000 1393941 950674 198972 244295 7671147 5198483 1090926 1381738 723750 490397 109552 123801 1507640 1007466 234026 266148 827719 561260 124479 141980 85867 31507 42638 11722 70300 12683 52725 4892 222389 222389 121661 121661 47599 47599 617008 361382 169379 86247 118986 111890 1450 5646 770242 479902 110442 179898 503430 334716 81351 87363 163500 133658 12877 16965 29376 17176 3722 8478 3571806 3504933 31819 35054 223847 219349 2137 2361 OTHER OPERATING EXPENSE 554703 220790 89589 244324 EXHIBIT RENTAL & MAINTE 380046 312930 672 66444 CONTRIBUTIONS IN KIND 202456 24020 39748 138688 PARTICIPANT COSTS 127826 127826 60707 31486 26830 2391 21085206 15444177 2470933 3170096 411075 2295302 7431494 3169225 238560 347245 358763 217487 89096015 31322413 55352207 57773602 6941637 6250442 70733736 70053303 1785080 2143660 219801 261515 2004881 2405175 X 5435196 5477267 62897234 61670801 396425 500060 68728855 67648128 70733736 70053303 -858485 -425239 202997 0 X X 0 1 X 1 1 1 X 17321615 14250132 20566954 15797962 15618131 83554794 642854 574974 503641 593556 551616 2866641 17964469 14825106 21070595 16391518 16169747 86421435 1898956 84522479 537226 577228 607670 603005 436488 2761617 327036 300815 627851 192688 218428 204744 356464 605710 1578034 91388937 15166454 0.92490 0.93960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 223037 0 0 223037 0 PART II-B, LINE 1: NEW YORK HALL OF SCIENCE HAS RETAINED COUNSEL TO MONITOR APPROPRIATIONS ACTIVITY AND CONTACT GOVERNMENT OFFICIALS REGARDING SCIENCE FUNDING AND FUNDING FOR NYSCI WITH RESPECT TO THE UNITED STATES, NEW YORK STATE AND NEW YORK CITY GOVERNMENTS. THE VP, EXTERNAL AFFAIRS PARTICIPATES IN REQUESTING PUBLIC SUPPORT, PRIMARILY FROM NEW YORK CITY SOURCES, TO HELP FUND THE EDUCATIONAL AND OPERATIONAL NEEDS OF NYSCI. $699 OF HIS SALARY AND FRINGE BENEFITS HAVE BEEN ALLOCATED TO THE LOBBYING COSTS DISCLOSED ON SCHEDULE C, PART II-B, LINE 1G. X X 0 2573854 103635 329862 -120257 -27210 2859884 2357482 1000 394436 -156434 -22630 2573854 2038199 363975 187665 -215614 -16743 2357482 1734354 290818 79394 -53255 -13112 2038199 1663190 360 190818 -107062 -12952 1734354 0.72400 0.17500 0.10100 0 0 85189731 30425416 54764315 3833378 834261 2999117 72906 62736 10170 57773602 X 21088845 -425239 754613 580349 909723 20179122 47599 47599 20226721 22169572 551616 580349 1131965 21037607 47599 47599 21085206 PART III, LINE 1A: CONSISTENT WITH THE POLICY OF MANY MUSEUMS, PURCHASES FOR USE AS EXHIBITS AND PROGRAMS ARE NOT CAPITALIZED. PART III, LINE 4: NYSCI HAS APPROXIMATELY 450 INTERACTIVE EXHIBITS THAT EXPLORE CHEMISTRY, BIOLOGY, ASTRONOMY, PHYSICS, GENETICS, AND OTHER STEM (SCIENCE, TECHNOLOGY, ENGINEERING AND MATH) TOPICS, ALL GEARED FOR CHILDREN AND ADULTS. THESE EXHIBITS, COMBINED WITH THE OUTDOOR SCIENCE PLAYGROUND, ROCKET PARK MINI GOLF, THE BIOCHEMISTRY, ASTRONOMY AND CONNECTIONS DISCOVERY LABS, THE PRESCHOOL PLACE FOR EARLY CHILDHOOD LEARNING, THE HARCOURT TEACHER LEADERSHIP CENTER FOR ENHANCED TEACHER TRAINING PROGRAMS, AND NATIONALLY REPLICATED SCIENCE EDUCATION PROGRAMS FOR UNDERSERVED POPULATIONS, OFFER A HIGH-TECH HANDS-ON LABORATORY OF DISCOVERY FOR VISITORS OF ALL AGES. THE EXHIBITS SERVE A CRITICAL ROLE IN REALIZING NYSCI'S MISSION TO BRING THE EXCITEMENT AND UNDERSTANDING OF SCIENCE AND TECHNOLOGY TO CHILDREN, FAMILIES, TEACHERS AND OTHERS BY OFFERING CREATIVE AND PARTICIPATORY WAYS TO LEARN ABOUT STEM TOPICS. PART V, LINE 4: NYSCI MAINTAINS VARIOUS DONOR RESTRICTED FUNDS WHOSE PURPOSE IS TO PROVIDE LONG-TERM SUPPORT FOR ITS PROGRAMS IN EXHIBITIONS, EDUCATION, PUBLIC PROGAMS AND SPECIAL PROJECTS. PART X, LINE 2: NYSCI RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT HAS DETERMINED THAT NYSCI HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. NYSCI IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO FISCAL 2012. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII LINE 6B 260,465. DIRECT EXPENSE FOR FUNDRAISING GALA REPORTED ON PART VIII LINE 8B 319,884. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII LINE 6B 260,465. DIRECT EXPENSE FOR FUNDRAISING GALA REPORTED ON PART VIII LINE 8B 319,884. 1 0 0 0 0 0 0 0 0 0 NORTH AMERICA SYSTEMATICALLY COLLECT, ANALYZE, AND REPORT ON MUSEUM VISITOR EXPERIENCE DATA. CREATE THE INFRUSTRUCTURE FOR COLLABORATION AMONG MUSEUMS. DEVELOP COMMON INSTRUMENTS, PROVIDE TRAINING AND ENABLE SCIENCE CENTERS TO BECOME DATA-DRIVEN ORGANIZATIONS FOCUSING ON THEIR AUDIENCES. 10000 CHECK 1 0 0 0 0 0 0 0 PART I, LINE 2: THE SUBCONTRACTOR IS REQUIRED TO SUBMIT A BUDGET FOR APPROVAL. ONCE APPROVED, NYSCI MAINTAINS THE BUDGET IN ITS ACCOUNTING SYSTEM AND MONITORS GRANT EXPENSES AGAINST THIS BUDGET. PAYMENT TO THE SUBCONTRACTOR IS USUALLY IN THE FORM OF REIMBURSEMENTS. SUBCONTRACTOR IS REQUIRED TO SUBMIT RECEIPTS AND SUPPORTING DOCUMENTATION IN ORDER TO BE REIMBURSED. DEPENDING ON THE PROJECT, INTERIM PROGRESS REPORTS MAY BE REQUIRED. A FINAL REPORT AND ACCOUNTING STATEMENT IS USUALLY REQUIRED AT THE END OF THE PROJECT. AT ITS DISCRETION, NYSCI RESERVES THE RIGHT TO AUDIT THE SUBCONTRACTOR'S FINANCIAL RECORDS. X X X X X X X 1 INNOVATIVE PHILANTHROPY 5 HANOVER SQ 2103 NEW YORK NY 10004 EVENT FUNDRAISING AND PLANNING 0 1371499 121661 1249838 1371499 121661 1249838 NY ANNUAL GALA 1530939 910240 620699 187482 114680 17722 1530939 910240 620699 187482 114680 17722 319884 300815 1 LOCAL PROJECTS LLC 123 WILLIAM ST STE 801 NEW YORK NY 10038 201408531 N/A 534000 SEE PART IV AMERICAN INSTITUTE FOR RESEARCH IN THE BEHAVIORAL SCIENCES 1000 THOMAS JEFFERSON STREET - NW WASHINGTON DC 20007 250965219 501(C)(3) 71929 SEE PART IV THE CONCORD CONSORTIUM INC 25 LOVE LANE CONCORD MA 01742 043254131 501(C)(3) 12469 SEE PART IV THE TRUSTEES OF COLUMBIA UNIVERSITY 615 W 131ST ST 3RD FLR NEW YORK NY 10025 135598093 501(C)(3) 47977 SEE PART IV NEW YORK UNIVERSITY 726 BROADWAY 9TH FLR NEW YORK NY 10003 135562308 501(C)(3) 21893 SEE PART IV DESIGN IO LLC 261 KINGSLAND AVE 2R BROOKLYN NY 11222 122905591 N/A 327200 SEE PART IV ROCKMAN ET AL INC 595 MARKET STREET SUITE 2570 SAN FRANCISCO CA 94105 943400371 N/A 23792 SEE PART IV EXPLORA SCIENCE CTR & CHILDRENS MUSEUM OF ALBUQUERUE 1701 MOUNTAIN ROAD NW ALBUQUERQUE NM 87104 850442062 501(C)(3) 10000 SEE PART IV MUSEUM OF SCIENCE 1 SCIENCE PARK BOSTON MA 02114 042103916 501(C)(3) 10000 SEE PART IV SCIENCE MUSEUM OF MINNESOTA 120 W KELLOGG BLVD SAINT PAUL MN 55102 410706172 501(C)(3) 10000 SEE PART IV THE TECH MUSEUM OF INNOVATION 201 S MARKET STREET SAN JOSE CA 95113 942864660 501(C)(3) 10000 SEE PART IV 8 3 PART I, LINE 2: THE SUBCONTRACTOR IS REQUIRED TO SUBMIT A BUDGET FOR APPROVAL. ONCE APPROVED, NYSCI MAINTAINS THE BUDGET IN ITS ACCOUNTING SYSTEM AND MONITORS GRANT EXPENSES AGAINST THIS BUDGET. PAYMENT TO THE SUBCONTRACTOR IS USUALLY IN THE FORM OF REIMBURSEMENTS. SUBCONTRACTOR IS REQUIRED TO SUBMIT RECEIPTS AND SUPPORTING DOCUMENTATION IN ORDER TO BE REIMBURSED. DEPENDING ON THE PROJECT, INTERIM PROGRESS REPORTS MAY BE REQUIRED. A FINAL REPORT AND ACCOUNTING STATEMENT IS USUALLY REQUIRED AT THE END OF THE PROJECT. AT ITS DISCRETION, NYSCI RESERVES THE RIGHT TO AUDIT THE SUBCONTRACTOR'S FINANCIAL RECORDS. FORM 990, SCHEDULE I, PART II. LINE 1, COL (H): GRANT PURPOSE THE PURPOSE OF GRANT ASSISTANCE TO DOMESTIC ORGANIZATIONS IS AS FOLLOWS: 1. LOCAL PROJECTS, LLC: PAYMENT FOR SERVICES RENDERED IN CONNECTION WITH A RESEARCH GRANT FOCUSING ON EDUCATION AND HUMAN RESOURCES AND PAYMENT FOR SERVICES RENDERED IN CONNECTION WITH A FEDERAL RESEARCH GRANT FOCUSING ON INVESTING IN INNOVATION (I3) FUND RECOVERY ACT 2. AMERICAN INSTITUTE FOR RESEARCH IN THE BEHAVIORAL SCIENCES: PAYMENT FOR SERVICES RENDERED IN CONNECTION WITH A FEDERAL RESEARCH GRANT FOCUSING ON INVESTING IN INNOVATION (I3) FUND RECOVERY ACT 3. THE CONCORD CONSORTIUM INC: PAYMENT FOR SERVICES RENDERED IN CONNECTION WITH A FEDERAL RESEARCH GRANT FOCUSING ON EDUCATION AND HUMAN RESOURCES 4. THE TRUSTEES OF COLUMBIA UNIVERSITY: PAYMENT FOR SERVICES RENDERED IN CONNECTION WITH RESEARCH PROJECT FOCUSING ON COMPUTER AND INFORMATION SCIENCE AND ENGINEERING 5. NEW YORK UNIVERSITY: PAYMENT FOR SERVICES RENDERED IN CONNECTION WITH A FEDERAL RESEARCH GRANT FOCUSING ON COMPUTER AND INFORMATION SCIENCE AND ENGINEERING 6. DESIGN IO LLC: PAYMENT TO DESIGN AND CREATE AN EDUCATIONAL, IMMERSIVE INTERACTIVE EXHIBIT "CONNECTED WORLDS" 7. ROCKMAN ET AL., INC: PAYMENT FOR SERVICES RENDERED IN CONNECTION WITH A FEDERAL RESEARCH GRANT FOCUSING ON BASIC AND APPLIED SCIENTIFIC RESEARCH 8. EXPLORA SCIENCE CTR & CHILDREN'S MUSEUM OF ALBUQUERUE: PAYMENT FOR SERVICES RENDERED IN CONNECTION WITH A RESEARCH GRANT FOCUSING ON EDUCATION AND HUMAN RESOURCES 9. MUSEUM OF SCIENCE: PAYMENT FOR SERVICES RENDERED IN CONNECTION WITH A RESEARCH GRANT FOCUSING ON EDUCATION AND HUMAN RESOURCES 10. SCIENCE MUSEUM OF MINNESOTA: PAYMENT FOR SERVICES RENDERED IN CONNECTION WITH A RESEARCH GRANT FOCUSING ON EDUCATION AND HUMAN RESOURCES 11. THE TECH MUSEUM OF INNOVATION: PAYMENT FOR SERVICES RENDERED IN CONNECTION WITH A RESEARCH GRANT FOCUSING ON EDUCATION AND HUMAN RESOURCES X X X X 0 0 0 0 0 0 0 1 0 MARGARET HONEY PRESIDENT & CEO 279707 0 140000 0 13290 0 27300 0 39646 0 499943 0 75000 0 PATRICIA HUIE CHIEF FINANCIAL OFFICER 175405 0 3000 0 360 0 16403 0 13230 0 208398 0 0 0 ROBERT LOGAN EXECUTIVE VP & COO 172900 0 3000 0 4519 0 15766 0 8207 0 204392 0 0 0 ERIC SIEGEL DIRECTOR & CHIEF CONTENT OFFICER 175765 0 3000 0 1584 0 16238 0 19007 0 215594 0 0 0 DANNY WEMPA VP, EXTERNAL AFFAIRS 171855 0 3000 0 324 0 15925 0 9831 0 200935 0 0 0 KIRYN HOFFMAN VP INSTIT. ADVANCEMENT AS OF 3/31/14 141164 0 2000 0 122 0 13300 0 15952 0 172538 0 0 0 SUHUI WON ASST VP INSTITUTIONAL ADVANCEMENT 134650 0 2000 0 92 0 12285 0 8081 0 157108 0 0 0 STEPHEN UZZO VP SCIENCE & TECHNOLOGY 121315 0 2000 0 1071 0 11874 0 26496 0 162756 0 0 0 HAROUNA BA DIRECTOR SCIPLAY 120464 0 2000 0 390 0 11284 0 20274 0 154412 0 0 0 PART I, LINE 7 PERFORMANCE BONUSES WERE AWARDED TO EACH OFFICER, KEY EMPLOYEE, AND HIGHEST COMPENSATED EMPLOYEE AS REPORTED ON PART II, COLUMN B(II). X 5 282445 FMV X EQUIP/PROP. 2 5563296 FMV 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN SCHEDULE M, PART I, COLUMN (B). FORM 990, PART I, LINE 1 SINCE ITS FOUNDING AT THE 1964-65 NEW YORK WORLD'S FAIR, THE NEW YORK HALL OF SCIENCE (NYSCI) HAS INSPIRED MORE THAN 7 MILLION PEOPLE - CHILDREN, TEACHERS AND FAMILIES -BY OFFERING CREATIVE, PARTICIPATORY WAYS TO LEARN AND ENCOURAGING PEOPLE TO EXPLORE THEIR CURIOSITY AND NURTURE THEIR CREATIVITY. LOCATED IN QUEENS, THE MOST ETHNICALLY DIVERSE COUNTY IN THE COUNTRY, NYSCI WELCOMES 500,000 VISITORS EACH YEAR AND SERVES THOUSANDS MORE THROUGH OUTREACH IN SCHOOLS, TEACHER PROFESSIONAL DEVELOPMENT, AND A VARIETY OF EVENTS, PROGRAMS AND RESEARCH INITIATIVES. NYSCI ENGAGES PEOPLE OF ALL AGES AND EXPERIENCES, PARTICULARLY YOUNG PEOPLE IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) BY FOSTERING THE EXCITEMENT OF SELF-DIRECTED EXPLORATION AND BY TAPPING INTO THE JOY OF LEARNING INTRINSIC IN PLAY. NYSCI IS ALSO COMMITTED TO TRAINING AND SUPPORTING K-12 SCIENCE TEACHERS, RECOGNIZING AND RESPECTING THE CRITICAL ROLE EDUCATORS PLAY IN SPARKING AND MAINTAINING STUDENTS' LIFELONG LOVE OF SCIENCE. OVER THE PAST SEVERAL YEARS, NYSCI HAS EMBRACED A PHILOSOPHY CALLED DESIGN-MAKE-PLAY. DESIGN EMPHASIZES INTENTIONALITY IN PROBLEM SOLVING AND HELPS PEOPLE SEE THE POSSIBILITIES IN THE WORLD; MAKE HIGHLIGHTS HANDS-ON EXPERIENCE WITH MATERIALS, TOOLS AND PROCESSES AND NURTURES THE DEVELOPMENT OF SKILLS AND CONFIDENCE; PLAY PROMOTES INTRINSIC MOTIVATION AND DEEP ENGAGEMENT. THESE DESIGN-MAKE-PLAY CHARACTERISTICS ARE CLOSELY ALIGNED WITH CONCEPTS AND PRACTICES UNDERSCORED IN THE COMMON CORE MATH AND NEXT GENERATION SCIENCE STANDARDS, AND ARE DYNAMIC VEHICLES FOR CULTIVATING THE KINDS OF CREATIVE PROBLEM SOLVING THAT EMPLOYERS ARE LOOKING FOR IN THEIR 21ST CENTURY WORKFORCES. NYSCI'S VISION IS REALIZED IN THREE INTERCONNECTED WAYS: 1) THROUGH THE MUSEUM AS A VITAL PLACE FOR LEARNING, 2) THROUGH PRODUCTS THAT EXTEND LEARNING BEYOND THE WALLS OF THE MUSEUM, AND 3) THROUGH PARTNERSHIPS THAT ENHANCE NYSCI'S IMPACT ON STEM LEARNING AND ENGAGEMENT IN PEOPLE'S DAY-TO-DAY LIVES, IN THE CLASSROOM, IN THE WORKPLACE, AND IN THEIR HOMES. FORM 990, PART VI, SECTION A, LINE 2 BOARD OF TRUSTEE MEMBER ALAN SINSHEIMER AND BOARD OF TRUSTEE MEMBER SETH DUBIN HAVE A FAMILY RELATIONSHIP. BOARD OF TRUSTEE MEMBERS GEORGE CAMPBELL AND LINDA SANFORD ARE DIRECTORS AT CON EDISON WHERE BOARD OF TRUSTEE MEMBER MARY KELLY IS AN EXECUTIVE. BOARD OF TRUSTEE MEMBER GEORGE CAMPBELL AND BOARD OF TRUSTEE MEMBER NICHOLAS DONOFRIO BOTH SERVE AS TRUSTEES ON THE BOARD OF THE MITRE CORPORATION. BOARD OF TRUSTEE MEMBERS NICHOLAS DONOFRIO AND LINDA SANFORD ARE AFFILIATED WITH IBM. BOARD OF TRUSTEE MEMBERS ED CHAN, ANTHONY MELONE AND IVAN SEIDENBERG ARE AFFILIATED WITH VERIZON. FORM 990, PART VI, SECTION B, LINE 11 THE CHIEF FINANCIAL OFFICER ENGAGES AN EXTERNAL ACCOUNTING FIRM TO PREPARE FORM 990. THE FIRST DRAFT IS REVIEWED WITH SENIOR MANAGEMENT. FORM 990 IS THEN PROVIDED TO EACH VOTING MEMBER ELECTRONICALLY VIA EMAIL FOR REVIEW AND COMMENT BEFORE FILING. THE CHIEF FINANCIAL OFFICER COORDINATES DISTRIBUTION TO THE BOARD, AND IN CONJUNCTION WITH THE CHIEF EXECUTIVE OFFICER, RESPONDS TO COMMENTS AND QUESTIONS. FORM 990 IS FILED AFTER REVIEW AND COMMENT BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C NYSCI'S TRANSPARENCY POLICY INTRODUCTION THE INTERNAL REVENUE CODE IMPOSES PENALTY TAXES IF NYSCI WERE TO ENTER INTO AN EXCESS BENEFIT TRANSACTION WITH A TRUSTEE OR OFFICER OF NYSCI OR WITH ANYONE ELSE WHO, DURING THE PRIOR FIVE YEARS, HAS BEEN IN A POSITION TO EXERCISE SUBSTANTIAL INFLUENCE OVER THE AFFAIRS OF NYSCI. A SIMILAR CONCERN ABOUT CONFLICTS OF INTEREST ALSO INFORMS THE NEW YORK NOT-FOR-PROFIT LAW PROVISIONS ABOUT CONTRACTS INVOLVING NOT-FOR-PROFIT ORGANIZATIONS AND THEIR TRUSTEES AND OFFICERS. NYSCI HAS ALWAYS BEEN CAREFUL TO AVOID CONFLICTS ISSUES. NEVERTHELESS, IT IS APPROPRIATE TO SET OUT NYSCI'S POLICY IN A WRITTEN STATEMENT WHICH DRAWS FROM THE REQUIREMENTS OF FEDERAL AND STATE LAW AND ALSO FROM OTHER PRINCIPLES OF GOOD MANAGEMENT. DEFINITIONS: A PERSON WHO HAS "SUBSTANTIAL INFLUENCE OVER THE AFFAIRS OF NYSCI" MEANS EACH TRUSTEE AND EACH SENIOR OFFICER OF NYSCI INCLUDING ALL NYSCI EMPLOYEES WHO ARE AT THE LEVEL OF DIRECTOR OR ABOVE. FOR OUR PURPOSES, IT ALSO MEANS A CORPORATION IN WHICH A TRUSTEE OR A SENIOR OFFICER IS A DIRECTOR OR OFFICER OR CONTROLS AT LEAST 10% OF THE VOTING POWER AND A PARTNERSHIP IN WHICH A TRUSTEE OR A SENIOR OFFICER IS ENTITLED TO AT LEAST 10% OF THE PROFITS. WE CALL EACH OF THOSE PEOPLE AND ENTITIES AN "INFLUENTIAL PERSON." THAT ALSO INCLUDES AN INDIVIDUAL'S SPOUSE OR SIGNIFICANT OTHER, PARENTS, CHILDREN AND THEIR SPOUSES, SISTERS AND BROTHERS, AND SISTERS- AND BROTHERS-IN-LAW. AN EXCESS BENEFIT TRANSACTION IS A TRANSACTION IN WHICH NYSCI PROVIDES TO AN INFLUENTIAL PERSON AN ECONOMIC BENEFIT THAT IS WORTH MORE THAN THE GOODS OR SERVICES THAT NYSCI RECEIVES IN RETURN. THE "REVIEWER" IS THE COMMITTEE DESIGNATED BY THE CHAIRMAN TO REVIEW TRANSACTIONS THAT REQUIRE AUTHORIZATION UNDER THIS POLICY STATEMENT. REVIEW: WITHOUT FIRST RECEIVING AUTHORIZATION FROM THE REVIEWER: A) NYSCI MAY NOT DO BUSINESS WITH AN INFLUENTIAL PERSON; B) NO INFLUENTIAL PERSON MAY ACCEPT A GIFT OR LOAN (OTHER THAN A LOAN IN THE NORMAL COURSE OF THE LENDER'S BUSINESS) FROM A CONTRACTOR OR VENDOR OF NYSCI AND THAT HAS A VALUE OF MORE THAN $100; C) NYSCI MAY NOT MAKE A CONTRIBUTION TO ANY CHARITY OF WHICH AN INFLUENTIAL PERSON IS A DIRECTOR OR OFFICER; AND D) NO INFLUENTIAL PERSON MAY GIVE OR LOAN TO AN EMPLOYEE OF NYSCI, NOR MAY AN EMPLOYEE OF NYSCI GIVE OR LOAN TO AN INFLUENTIAL PERSON, MORE THAN $1,000. THE REVIEWER MAY DECLINE TO GRANT AUTHORIZATION FOR A TRANSACTION UNDER (A) ONLY IF THE REVIEWER DETERMINES THAT THE PROPOSED TRANSACTION WOULD BE AN EXCESS BENEFIT TRANSACTION. THE REVIEWER MAY DECLINE TO GRANT AUTHORIZATION FOR A TRANSACTION UNDER (B), (C), OR (D) ONLY IF THE REVIEWER DETERMINES THAT THE PROPOSED TRANSACTION WOULD BE INIMICAL, OR MAY BE SEEN TO BE INIMICAL, TO RESPONSIBLE MANAGEMENT OF NYSCI. LARGE CONTRACTS: BEFORE NYSCI ENTERS INTO ANY AGREEMENT FOR MORE THAN 2.5% OF NYSCI'S OPERATING BUDGET, IT SHALL NOTIFY THE REVIEWER OF THE NATURE OF THE AGREEMENT AND THE NAME OF THE OTHER PARTY AND FURNISH WHATEVER INFORMATION IT HAS IN ITS POSSESSION ABOUT THE OWNERSHIP AND CONTROL OF THE OTHER PARTY. THE REVIEWER SHALL BE DEEMED TO HAVE AUTHORIZED NYSCI TO ENTER INTO THE AGREEMENT UNLESS IT NOTIFIES NYSCI WITHIN SEVEN DAYS THAT THE AGREEMENT CONTEMPLATES A TRANSACTION THAT, BY REASONS OF THE IDENTITY OF THE PARTIES, REQUIRES FURTHER REVIEW UNDER THIS POLICY STATEMENT. NOTIFICATION: EACH INFLUENTIAL PERSON MUST NOTIFY THE REVIEWER UPON BECOMING AWARE THAT NYSCI IS DOING BUSINESS, OR IS CONSIDERING DOING BUSINESS, WITH THAT INFLUENTIAL PERSON. IN ADDITION, ONCE EACH YEAR AT A TIME DESIGNATED BY THE CHAIRMAN, EACH INFLUENTIAL PERSON SHALL SUBMIT TO THE REVIEWER A COMPLETED QUESTIONNAIRE IN THE FORM ATTACHED TO THIS POLICY STATEMENT. REPETITIVE BUSINESS: IN THE EVENT THAT AN INFLUENTIAL PERSON AND NYSCI EXPECT TO ENGAGE IN REPETITIVE BUSINESS, THE REVIEWER MAY PROSPECTIVELY AUTHORIZE THE CONDUCT OF THAT BUSINESS ON TERMS THAT THE REVIEWER CONSIDERS APPROPRIATE. NO FURTHER AUTHORIZATION FOR THAT REPETITIVE BUSINESS SHALL BE REQUIRED SO LONG AS THE INFLUENTIAL PERSON AND NYSCI COMPLY WITH THE TERMS SET BY THE REVIEWER. THE REVIEWER MAY REVOKE A PROSPECTIVE AUTHORIZATION AT ANY TIME. RECONSIDERATION: IF THE REVIEWER DECLINES TO AUTHORIZE ANY TRANSACTION THAT REQUIRES AUTHORIZATION UNDER THIS POLICY STATEMENT, ANY PARTY TO THAT TRANSACTION MAY SUBMIT THE MATTER TO THE BOARD OF TRUSTEES OR THE EXECUTIVE COMMITTEE OF THE BOARD FOR RECONSIDERATION. THE RELEVANT INFLUENTIAL PERSON MAY NOT VOTE ON THAT MATTER AS A TRUSTEE OR MEMBER OF THE EXECUTIVE COMMITTEE. DOCUMENTATION: ANNUALLY, THE FINANCE AND AUDIT COMMITTEE PRESENTS TO THE BOARD ANY SIGNIFICANT POTENTIAL CONFLICTS, OR LACK THEREOF, ENCOUNTERED DURING THE YEAR. THE PRESENTATION IS RECORDED IN THE MINUTES OF THE BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE CEO IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES, PROVIDED THAT PERSONS WITH POTENTIAL CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENTS DO NOT PARTICIPATE. THE BOARD USES APPROPRIATE AND ADEQUATE DATA TO DETERMINE THE REASONABLENESS OF THE COMPENSATION BEING CONSIDERED AGAINST INDUSTRY STANDARDS. THE BOARD DISCUSSES THE COMPENSATION PACKAGE IN EXECUTIVE SESSION AT THE APPROPRIATE QUARTERLY BOARD MEETING, FOLLOWED BY A CLOSED DOOR DISCUSSION WITH THE CEO. THE BOARD'S APPROVAL OF CHANGES TO THE CEO'S COMPENSATION, ALONG WITH ANY ASSOCIATED PERFORMANCE GOALS, ARE CAPTURED IN A FORMAL SIGNED AGREEMENT BETWEEN THE BOARD AND THE CEO. FOR KEY EMPLOYEES, THE CEO USES INDUSTRY STANDARDS SUBSTANTIATED BY APPROPRIATE DATA SUCH AS COMPENSATION SURVEYS, PERFORMANCE REVIEWS, AND A CONSIDERATION OF EQUITY AND PARITY WITHIN THE ORGANIZATION. WRITTEN AND SIGNED PERFORMANCE REVIEWS, WHICH INCLUDE FUTURE GOALS, ARE PREPARED AND DISCUSSED BETWEEN EACH KEY EMPLOYEE AND THE CEO. CHANGES TO A KEY EMPLOYEE'S COMPENSATION IS DOCUMENTED IN A WRITTEN MEMO FROM THE CEO TO THE KEY EMPLOYEE. THE COMPENSATION REVIEW PROCESS WAS LAST UNDERTAKEN FOR THE CEO AND KEY EMPLOYEES IN THE YEARS LISTED BELOW: PRESIDENT & CEO: 2015 DIRECTOR & CHIEF CONTENT OFFICER: 2013 CHIEF FINANCIAL OFFICER: 2013 EXECUTIVE VP & COO: 2013 VP INSTITUTIONAL ADVANCEMENT: 2014 (NEW HIRE) VP EXTERNAL AFFAIRS: 2013 FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY HAVE NEVER BEEN REQUESTED AND HAVE NOT BEEN MADE READILY AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. HARD COPIES ARE PROVIDED WITH A CHARGE TO THE RECIPIENT FOR POSTAGE. ELECTRONIC COPIES IN PDF FORMAT ARE PROVIDED FOR FREE. FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES IN THE OVERSIGHT PROCESS OF THE AUDIT OF NYSCI'S FINANCIAL STATEMENTS OR IN THE SELECTION PROCESS OF AN INDEPENDENT ACCOUNTANT WITHIN THIS TAX YEAR.