2015-02-16T12:13:21-06:00 2014-06-30 113518842 MARKS PANETH LLP 685 THIRD AVENUE NEW YORK NY 10017 990 2013-07-01 112201344 BROOKLYN ACADEMY OF MUSIC INC BROO 7186364110 30 LAFAYETTE AVENUE BROOKLYN NY 11217 KEITH STUBBLEFIELD CFO 7186364153 2015-02-16 1 ROBERT R LYONS CPA P00227472 2125038800 2013 2016-02-25 16:41:14Z KEITH STUBBLEFIELD 30 LAFAYETTE AVENUE BROOKLYN NY 11217 51613105 0 X WWW.BAM.ORG X 1861 NY BAM IS THE HOME FOR ADVENTUROUS ARTISTS, AUDIENCES, AND IDEAS. 63 61 757 35 0 0 42102981 31593758 14000690 16830233 5449 6645 1582812 1230301 57691932 49660937 0 49628991 0 0 28142081 28344855 0 0 6106138 22922559 25931403 51064640 103905249 6627292 -54244312 183402007 136605797 7332581 5852855 176069426 130752942 X BAM'S MISSION IS TO BE THE HOME FOR ADVENTUROUS ARTISTS, AUDIENCES, AND IDEAS. 0 0 11797481 6354279 SPRING SEASON:IN JANUARY 2014, BAM COMMENCED OUR SPRING SEASON WITH TONY AWARD-WINNING ACTOR FRANK LANGELLA IN THE TITLE ROLE OF ANGUS JACKSON'S KING LEAR. FOLLOWING KING LEAR, BAM'S 2014 SPRING SEASON CONTINUED WITH AN ECLECTIC ARRAY OF PROGRAMMING WITH HIGHLIGHTS INCLUDING ISABELLA ROSSELLINI'S ONE-WOMAN SHOW, GREEN PORNO; GLYNDEBOURNE FESTIVAL OPERA'S ACCLAIMED PRODUCTION OF BILLY BUDD; AND THE U.S. PREMIERE OF ROBERT WILSON'S THE OLD WOMAN STARRING WILLEM DAFOE AND MIKHAIL BARYSHNIKOV. THE 2014 SPRING SEASON ALSO FEATURED COMMUNITY, ART, EDUCATION, AND HUMANITIES PROGRAMMING, INCLUDING BAM'S SECOND SCIENCE ON SCREEN SERIES HIGHLIGHTING THE INTERSECTION OF SCIENCE AND FILM; FREE BAMCAFE LIVE PERFORMANCES FEATURING EMERGING MUSICIANS; GET IT OUT THERE, A COMEDY SERIES PRESENTED IN PARTNERSHIP WITH IFC; EIGHT EAT, DRINK, & BE LITERARY SERIES FEATURING THE BEST SELLING AUTHORS; AND EDUCATION PROGRAMS SUCH AS AFRICAN DANCEBEAT TO BROOKLYN READS. 9530140 3440504 NEXT WAVE FESTIVAL:IN SEPTEMBER 2013, BAM COMMENCED OUR 31ST ANNUAL NEXT WAVE FESTIVAL WITH THE U.S. PREMIERE OF ANNA NICOLE, A BRILLIANT OPERA FROM BRITISH COMPOSER MARK-ANTHONY TURNAGE AND LIBRETTIST RICHARD THOMAS. FOLLOWING ANNA NICOLE, BAM CONTINUED ITS NEXT WAVE FESTIVAL WITH ROBERT LEPAGE'S THE BLUE DRAGON, HIS LONG-AWAITED SEQUEL TO THE BREAKTHROUGH MASTERPIECE THE DRAGON'S TRILOGY. THE 2013 NEXT WAVE FESTIVAL CLOSED IN DECEMBER WITH A PIECE OF WORK, A "COMPUTER PLAY" BASED ON SHAKESPEARE'S HAMLET, DIRECTED BY OBIE AWARD-WINNING DIRECTOR ANNIE DORSEN. OTHER NEXT WAVE FESTIVAL HIGHLIGHTS INCLUDED POLISH AVANT-GARDE MUSIC GROUP KARBIDO'S THE TABLE; AIN GORDON'S TWO-CHARACTER PLAY, NOT WHAT HAPPENED; THOMAS OSTERMEIER'S ADAPTATION OF HENRIK IBSEN'S AN ENEMY OF THE PEOPLE; CHOREOGRAPHER SUSAN MARSHALL'S PLAY/PAUSE, AN EXPLORATION OF DANCE IN POP MUSIC VIDEOS; AND CELEBRATED ACTRESS FIONA SHAW IN SAMUEL TAYLOR COLERIDGE'S EPIC POEM, THE RIME OF THE ANCIENT MARINER. 630417 524294 BAMCINEMATEK:IN 2014-2015, BAMCINEMATEK PRESENTED 458 SCREENINGS, INCLUDING TEN SERIES FOCUSING ON INTERNATIONAL FILM. SEASON HIGHLIGHTS INCLUDED VENGEANCE IS HERS, WHICH EXPLORED REVENGE-TAKING HEROINES IN GLOBAL CINEMA (FEBRUARY 7-18, 2014); BLONDE VENUS: THE FILMS OF DIETRICH AND VON STERNBERG, FEATURING SEVEN ENGLISH AND GERMAN-LANGUAGE FILMS FROM ONE OF THE MOST CELEBRATED ACTOR-DIRECTOR PAIRINGS IN FILM HISTORY (APRIL 4-10, 2014); AND FILMAFRICA, THE CINEMATIC COMPONENT OF BAM'S 37TH ANNUAL DANCEAFRICA FESTIVAL, WHICH FEATURED DOCUMENTARY AND FICTIONAL WORKS FROM SOUTH AFRICA, TUNISIA, SUDAN, AND MADAGASCAR (MAY 23-26, 2014). BAMCINEMAFEST, BAM'S ANNUAL FESTIVAL OF INNOVATIVE AND EMERGING VOICES IN AMERICAN INDEPENDENT CINEMA, ALSO CELEBRATED A SUCCESSFUL SIXTH YEAR, PRESENTING 458 FILMS TO AUDIENCES OF 8,684 (JUNE 18-29, 2014). 71919260 49628991 6511156 EXPENSES IN THIS CATEGORY INCLUDE PROGRAMMING PROVIDED BY BAM'S EDUCATION AND HUMANITIES DEPARTMENT AS WELL AS BAM'S COMMUNITY OUTREACH. BAM'S AFTER-SCHOOL PROGRAMS ARE TAILORED TO MEET CITY AND STATE LEARNING STANDARDS AS PART OF BAM EDUCATION'S CONTINUING MISSION TO SUPPORT THE INTEGRATION OF THE ARTS INTO THE SCHOOL CURRICULUM. 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.IN ADDITION, INCLUDED IN THIS CATEGORY IS THE CONSTRUCTION COSTS OF THE NEW BAM RICHARD B. FISHER BUILDING, LOCATED AT 321 ASHLAND PLACE, BROOKLYN, NY. THE NEW BUILDING WAS PLACED IN SERVICE IN SEPTEMBER 2013. IT PROVIDES BAM WITH ADDITIONAL PERFORMANCE SPACE, STORAGE, AND ADMINISTRATIVE OFFICES. THE BAM RICHARD B. FISHER BUILDING CREATES AN INSPIRING PERFORMING ARTS FACILITY INCLUDING A 250 TO 299-SEAT FLEXIBLE PERFORMANCE SPACE THAT ENABLES BAM TO PRESENT A SERIES OF LIVE EVENTS IN MULTIPLE GENRES. PRESENTATIONS IN THIS SPACE FEATURE A DIVERSE GROUP OF CONSTITUENTS, INCLUDING EMERGING AND ESTABLISHED ARTISTS, STUDENTS AND EDUCATORS, AND COMMUNITY ARTS ORGANIZATIONS.IN DECEMBER 2013, BAM DONATED THE BUILDING TO THE CITY OF NEW YORK AND THEN LEASED THE PREMISES AT A NOMINAL FEE AS IT DOES WITH ITS OTHER FACILITIES. 71919260 49628991 6511156 93877298 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 1 477 0 757 1 0 0 0 0 0 1 1 0 0 0 0 X 63 61 0 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 60.00 X X 393944 0 38401 JOSEPH V MELILLO EXECUTIVE PRODUCER 60.00 X X 382696 0 38243 JAMES MCLAREN TREASURER 5.00 X X 0 0 0 JEFFREY BARKER DIRECTOR 0.50 X 0 0 0 TONY BECHARA DIRECTOR 0.50 X 0 0 0 RENE BOETTCHER 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 RONALD E FEINER ESQ 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 DEREK JENKINS DIRECTOR (FORMER) 0.50 X 0 0 0 MARY KANTOR DIRECTOR (FORMER) 0.50 X 0 0 0 DAN KLORES DIRECTOR 0.50 X 0 0 0 EDGAR LAMPERT DIRECTOR 0.50 X 0 0 0 FRANCOIS LETACONNOUX DIRECTOR 0.50 X 0 0 0 GARY LYNCH DIRECTOR 0.50 X 0 0 0 MARTIN F MERTZ DIRECTOR (FORMER) 0.50 X 0 0 0 AHRIN MISHAN DIRECTOR 0.50 X 0 0 0 DONALD MULLEN JR DIRECTOR 0.50 X 0 0 0 WILLIAM A PERLMUTH DIRECTOR 0.50 X 0 0 0 WILLIAM POLLARD DIRECTOR (FORMER) 0.50 X 0 0 0 DAVID RAMSAY DIRECTOR (FORMER) 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 ADI SHAMIR DIRECTOR 0.50 X 0 0 0 DANNY SIMMONS 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 JOHN USDAN DIRECTOR 0.50 X 0 0 0 BRIGITTE VOSSE DIRECTOR 0.50 X 0 0 0 NORA ANN WALLACE DIRECTOR 0.50 X 0 0 0 ELAINE WEINSTEIN DIRECTOR (FORMER) 0.50 X 0 0 0 VAUGHN WILLIAMS DIRECTOR (FORMER) 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 MARK JACKSON 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 DAVID DANGOOR 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 ALICE BERNSTEIN EXECUTIVE VICE PRESIDENT 50.00 X 235937 0 29195 KEITH STUBBLEFIELD CFO 50.00 X 238866 0 39891 MATTHEW BREGMAN VP DEVELOPMENT 50.00 X 184583 0 43720 SOO PAK VP MARKETING & COMMUNICATIONS 50.00 X 176677 0 39591 STEPHANIE HUGHLEY VP EDUCATION & HUMANITIES 50.00 X 167531 0 26668 EFI SHAHAR CINEMA EXECUTIVE MANAGER 45.00 X 179451 0 43181 THOMAS PAULUCCI CREW CHIEF 40.00 X 162697 0 48839 MICHAEL KATZ HEAD PROJECTIONIST 40.00 X 148608 0 28235 MARC PUTZ STAGEHAND 40.00 X 142381 0 42714 WILLIAM LYNCH DIRECTOR LEADERSHIP GIFTS 40.00 X 150580 0 25036 2563951 0 443714 43 0 1 0 HUNTER ROBERTS CONSTRUCTION GROUP 2 WORLD FIN CENTER 6TH FLOOR NEW YORK NY 10281 CONSTRUCTION 1867728 EW HOWELL CO 113 CROSSWAYS PARK DRIVE WOODBURY NY 11797 CONSTRUCTION 1062219 GREAT PERFORMANCES 304 HUDSON STREET 2ND FLOOR NEW YORK NY 10013 CATERING 673796 LES ARTS FLORISSANTS 2 RUE DE STREET PETERSBOURG PARIS FR 75008 PERFORMERS 384275 STEVEN HOLL ARCHITECTS PC 450 WEST 31ST STREET 11TH FLOOR NEW YORK NY 10001 CONSTRUCTION 259489 5 1667684 3546077 4577414 21802583 554864 31593758 PERFORMANCE INCOME 711110 12456182 12456182 BAM ROSE CINEMA 711110 3972857 3972857 BAMART REVENUE 900099 386194 386194 CO-PRESENTER INCOME 711190 15000 15000 16830233 1530 1530 1533903 1304373 229530 229530 229530 155115 150000 5115 5115 5115 497795 1667684 497795 0 MISCELLANEOUS INCOME 900099 1000771 1000771 1000771 49660937 16830233 0 1236946 49628991 49628991 2036943 1096272 712368 228303 19613363 15381556 1599936 2631871 1187133 984640 64891 137602 3879733 3142672 298404 438657 1627683 1302722 135402 189559 187074 187074 76000 76000 7198989 7102885 3959 92145 2992621 2575641 5998 410982 644772 608385 14506 21881 923422 923422 3260402 3214203 17647 28552 1482306 1214435 104008 163863 277243 138118 139601 -476 PRODUCTION EXPENSES 2441115 2380421 28399 32295 FILM RENTAL 1528276 1528008 268 0 HOSPITALITY & RECEPTION 1189518 131054 39813 1018651 MISCELLANEOUS 896398 764671 31656 100071 2833267 1759202 461883 612182 103905249 93877298 3921813 6106138 1829870 1453769 24375478 19508517 726946 799809 3003042 1750896 24710575 8508175 65533096 16202400 87933575 96890406 183402007 136605797 5071128 3444811 728325 1301760 275267 0 1257861 1106284 7332581 5852855 X 65795407 15649962 32014064 36522714 78259955 78580266 176069426 130752942 183402007 136605797 X -54244312 8927828 X X 0 1 X 1 1 1 X 25772569 35479734 52760133 24647582 31593758 170253776 25772569 35479734 52760133 24647582 31593758 170253776 1084805 169168971 3393522 2010157 2711922 2813750 231060 11160411 322543 665487 1020507 1136254 1000771 4145562 185559749 78304898 0.91170 0.90050 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1000000 1000000 1000000 0 3000000 4500000 54055 54153 4550 0 112758 250000 250000 250000 0 750000 1125000 54055 54153 4550 0 112758 87877935 351160 13415401 3546077 1292656 96805763 80872090 279374 11231658 3337860 1167327 87877935 83116249 2622492 -1160644 3008640 697367 80872090 73671009 863980 11898579 2918030 399289 83116249 69258256 1054336 6633937 2856290 419230 73671009 0.20620 0.00080 0.79300 0 1 1 2455533 300095 2155438 16530782 5579584 10951198 4008043 1926405 2081638 1716217 702091 1014126 16202400 BENEFICIAL INTEREST IN BAM ENDOWMENT TRUST 96805763 SECURITY DEPOSITS AND OTHER 84643 96890406 DUE TO BAM ENDOWMENT TRUST 1106284 1106284 X 59072140 483375 8927828 9411203 49660937 0 49660937 105692997 483375 1304373 1787748 103905249 0 103905249 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 HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2014 AND 2013 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. BAM IS NO LONGER SUBJECT TO FEDERAL OR STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: INCREASE IN BENEFICIAL INTEREST IN BAM ENDOWMENT TRUST 8,927,828. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES 1,304,373. SPRING IGNITE GALA 869544 677873 191671 27869 75997 33507 THEATER BENEFIT 1016169 780922 235247 40499 139691 48125 2 279766 208889 70877 28060 70126 33921 2165479 1667684 497795 96428 285814 115553 497795 0 1 THE CITY OF NEW YORK CITY HALL NEW YORK NY 10007 136400434 N/A 49628991 COST BUILDING BASED ON AGREEMENT WITH THE CITY OF NEW YORK. 1 0 X X X X 0 1 0 0 0 0 0 0 0 KAREN BROOKS HOPKINS PRESIDENT 393944 0 0 0 0 0 23660 0 14741 0 432345 0 0 0 JOSEPH V MELILLO EXECUTIVE PRODUCER 382696 0 0 0 0 0 23660 0 14583 0 420939 0 0 0 ALICE BERNSTEIN EXECUTIVE VICE PRESIDENT 234837 0 0 0 1100 0 21737 0 7458 0 265132 0 0 0 KEITH STUBBLEFIELD CFO 234328 0 0 0 4538 0 21470 0 18421 0 278757 0 0 0 MATTHEW BREGMAN VP DEVELOPMENT 184583 0 0 0 0 0 16797 0 26923 0 228303 0 0 0 SOO PAK VP MARKETING & COMMUNICATIONS 176677 0 0 0 0 0 16078 0 23513 0 216268 0 0 0 STEPHANIE HUGHLEY VP EDUCATION & HUMANITIES 167531 0 0 0 0 0 15245 0 11423 0 194199 0 0 0 EFI SHAHAR CINEMA EXECUTIVE MANAGER 179451 0 0 0 0 0 16330 0 26851 0 222632 0 0 0 THOMAS PAULUCCI CREW CHIEF 162697 0 0 0 0 0 27689 0 21150 0 211536 0 0 0 MICHAEL KATZ HEAD PROJECTIONIST 148608 0 0 0 0 0 19320 0 8915 0 176843 0 0 0 MARC PUTZ STAGEHAND 142381 0 0 0 0 0 24204 0 18510 0 185095 0 0 0 WILLIAM LYNCH DIRECTOR LEADERSHIP GIFTS 150580 0 0 0 0 0 13703 0 11333 0 175616 0 0 0 WILLIAM CAMPBELL DIRECTOR 300000 SEE PART V 0 SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: WILLIAM CAMPBELL(D) DESCRIPTION OF TRANSACTION: MR. CAMPBELL IS A MINORITY INVESTOR IN LEADDOG MARKETING GROUP, INC. LEADDOG PROVIDES ADVERTISING SERVICES FOR BAM. X 1 150000 FAIR MARKET VALUE X 26 47336 FAIR MARKET VALUE X FLOWERS 1 180000 FAIR MARKET VALUE X TICKETS 13 88721 FAIR MARKET VALUE X CATERING 4 48497 FAIR MARKET VALUE X OTHER 17 40310 FAIR MARKET VALUE 0 1 0 BUILDING 2013-12-03 49628991 COST 136400434 THE CITY OF NEW YORK CITY HALL NEW YORK NY 10007 N/A 0 0 0 0 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 XI, LINE 9: INCREASE IN BENEFICIAL INTEREST IN BET ENDOWMENT TRUST 8,927,828. 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 N/A 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 BAM ENDOWMENT TRUST Q 150000 COST BAM ENDOWMENT TRUST C 3546077 CASH BAM ENDOWMENT TRUST R 1362869 CASH BAM ENDOWMENT TRUST E 1250000 COST BAM ENDOWMENT TRUST S 43907 CASH