2023-11-14T15:13:17-06:00 2022-12-31 390974031 WEGNER CPAS LLP 230 PARK AVE FL 3 NEW YORK NY 101690005 990 2022-01-01 133414346 SWISS INSTITUTE SWIS 2129252035 117 SECOND AVE NEW YORK NY 10003 STEFANIE HESSLER DIRECTOR 2129252035 2023-11-14 1 STEFANIE HESSLER 999009999 0 YIGIT UCTUM CPA P01269549 2125511724 2023-11-13 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z STEFANIE HESSLER 117 SECOND AVE NEW YORK NY 10003 5561415 0 X SWISSINSTITUTE.NET X 1986 NY SWISS INSTITUTE (SI) IS AN INDEPENDENT NON-PROFIT CONTEMPORARY ART INSTITUTION DEDICATED TO PROMOTING FORWARD-THINKING AND EXPERIMENTAL ART MAKING THROUGH INNOVATIVE EXHIBITIONS, EDUCATION, AND PROGRAMS. 20 20 30 20 0 0 3033187 5080697 0 0 0 841 1432783 328708 4465970 5410246 0 0 0 0 1095854 1178952 0 0 765030 3081385 3779216 4177239 4958168 288731 452078 5483468 8646516 3512643 6290375 1970825 2356141 X SWISS INSTITUTE (SI) IS AN INDEPENDENT NON-PROFIT CONTEMPORARY ART INSTITUTION DEDICATED TO PROMOTING FORWARD-THINKING AND EXPERIMENTAL ART MAKING THROUGH INNOVATIVE EXHIBITIONS, EDUCATION, AND PROGRAMS. 0 0 3709591 0 0 PROMOTING FORWARD-THINKING AND EXPERIMENTAL ART MAKING THROUGH INNOVATIVE EXHIBITIONS AND PROGRAMS. (SEE SCHEDULE O FOR ACTIVITY DETAIL) 3709591 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 104 0 30 1 0 1 SZ 0 0 0 0 0 0 0 0 X 20 20 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X X ARTS FMS 2129252035 365 RAYMOND ST ROCKVILLE CENTRE NY 11570 STEFANIE HESSLER BEGAN MAY 1 2022 DIRECTOR 45.00 X X 96898 0 5488 MAJA HOFFMANN PRESIDENT OF THE BOARD OF TRUSTEES 1.00 X X 0 0 0 HE AMBASSADOR NICULIN JAGER HONORARY CHAIR 1.00 X 0 0 0 MICHAEL RINGIER TREASURER 1.00 X X 0 0 0 OLIVIER AUDEMARS TRUSTEE 1.00 X 0 0 0 DANIEL BAUMANN TRUSTEE 1.00 X 0 0 0 PHILIPPE BERTHERAT TRUSTEE 1.00 X 0 0 0 FRANCESCO BONAMI TRUSTEE 1.00 X 0 0 0 MONIQUE BURGER TRUSTEE 1.00 X 0 0 0 SIMON CASTETS TRUSTEE, EXECUTIVE CHAIR IN 2022 1.00 X X 0 0 0 BICE CURIGER TRUSTEE 1.00 X 0 0 0 LATIFA ECHAKHCH TRUSTEE 1.00 X 0 0 0 ALEXANDRA ECONOMOU TRUSTEE 1.00 X 0 0 0 JOHN GARCIA TRUSTEE 1.00 X 0 0 0 FLORIAN GUTZWILLER TRUSTEE 1.00 X 0 0 0 SAM KELLER TRUSTEE 1.00 X 0 0 0 DOMINIQUE LEVY TRUSTEE 1.00 X 0 0 0 CHRISTIAN MARCLAY TRUSTEE 1.00 X 0 0 0 RICHARD PHILLIPS TRUSTEE 1.00 X 0 0 0 IWAN WIRTH TRUSTEE 1.00 X 0 0 0 PEGGY YEOH TRUSTEE 1.00 X 0 0 0 96898 0 5488 0 0 0 0 130 SECOND REALTY LLC 419 LAFAYETTE STREET 5TH FLOOR NEW YORK NY 10003 RENT 713090 CLIFTON LARSON ALLEN 60 EAST 42ND STREET SUITE 5100 NEW YORK NY 10165 ACCOUNTING 176854 2 677460 1050314 3352923 5080697 841 841 21006 0 21006 21006 21006 421120 677460 144071 277049 277049 29851 7098 22753 22753 MISCELLANEOUS 900099 7900 7900 7900 5410246 0 0 329549 102385 40954 40954 20477 868591 570104 56952 241535 127037 81379 10942 34716 80939 51042 8024 21873 24488 5847 18641 201054 201054 285165 232262 52903 7122 7122 58620 26043 25585 6992 48913 32853 10248 5812 1031328 1001647 29681 325776 255660 70116 996925 686319 310606 59645 59645 588010 576249 11761 27812 18356 9456 BOOK PRODUCTION 98396 98396 25962 25358 604 4958168 3709591 483547 765030 2794282 1753904 109583 20432 239672 2476554 48831 41733 26042 25746 4365752 2885810 2067953 1479942 110419 197105 2737786 5483468 8646516 409732 600069 590035 590035 2512876 5100271 3512643 6290375 X 1970825 1211571 1144570 1970825 2356141 5483468 8646516 X 452078 -66762 X X 0 1 X 1 0 X 1922280 1110491 1709654 4907107 4403237 14052769 1922280 1110491 1709654 4907107 4403237 14052769 3937211 10115558 18 841 859 45229 221261 83486 -1391 73820 422405 14476033 1098580 0.69880 0.97300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 109583 153367 262950 57617 111958 8 60000 109583 113 57504 57617 113 113 113 113 0 0 4318660 2838794 1479866 47092 47016 76 1479942 OPERATING RIGHT OF USE ASSETS 2628076 DIGITAL ASSETS 3756 SECURITY DEPOSIT 105954 2737786 LOANS FROM BOARD 100000 SBA EIDL LOAN 2000000 OPERATING LEASE LIABILITIES 3000271 5100271 5509287 77721 21320 99041 5410246 0 5410246 5123971 77721 88082 165803 4958168 0 4958168 PART XI, LINE 2D - OTHER ADJUSTMENTS: GAIN ON CURRENCY TRANSLATION COST OF GOODS SOLD PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON UNCOLLECTABLE PROMISES TO GIVE BENEFIT 1098580 677460 421120 31279 85970 26822 1098580 677460 421120 31279 85970 26822 144071 277049 PART III, LINE 4A IN 2022, SI PRESENTED THE FOLLOWING EXHIBITIONS OF INTERNATIONAL ARTISTS, IN ADDITION TO ITS SERIES OFFSITE, ONSITE, AND THE ARTISTS-IN-RESIDENCE PROGRAM. "BENEATH TONGUES" SWISS INSTITUTE ANNUAL ARCHITECTURE AND DESIGN SERIES JAN 21 - APR 17 2022 "BENEATH TONGUES," CURATED BY SABLE ELYSE SMITH, BROUGHT TOGETHER FIFTEEN ARTISTS, SEVEN WRITERS AND AN ENSEMBLE OF MUSICIANS TO REVEAL THE ELEMENTAL ROLE OF LANGUAGE, SOUND, AND NOISEMAKING IN ESTABLISHING NEW REALITIES WITHIN AN ANTAGONISTIC PRESENT. RM: "BLOODSUCKERS" JAN 21 - APR 17 2022 RM'S FIRST EXHIBITION IN THE UNITED STATES, SHOWCASED A NEW BODY OF WORK THAT EXPANDED ON THE TRIBULATIONS OF DEALING WITH BED BUGS. WALTER PFEIFFER MAY 04 - AUG 28 2022 SI PRESENTED THE FIRST INSTITUTIONAL SURVEY OF CELEBRATED ZURICH-BASED ARTIST WALTER PFEIFFER IN THE UNITED STATES. THE EXHIBITION, THE ARTIST'S MOST WIDE-RANGING TO DATE, PRIMARILY CONSISTED OF ARTWORK SHOWN PUBLICLY FOR THE FIRST TIME. SHEN XIN: "(THE EARTH TURNED GREEN)" MAY 04 - AUG 28 2022 "(THE EARTH TURNED GREEN)" WAS A SOLO EXHIBITION BY SHEN XIN FEATURING A NEWLY COMMISSIONED INSTALLATION THAT CENTERED RESTORATIVE PRACTICES DRAWN FROM THE TIBETAN LANGUAGE THROUGH PERFORMANCE, LAND, AND FAMILY HISTORIES. KAREN LAMASSONNE: "RUIDO / NOISE" SEP 14 2022 - JAN 08 2023 "RUIDO / NOISE" WAS THE FIRST INTERNATIONAL SURVEY OF THE WORK OF COLOMBIAN AMERICAN ARTIST KAREN LAMASSONNE WHO WAS A CENTRAL FIGURE IN THE MALE-DOMINATED CALI AND BOGOTA ART AND FILM SCENES OF THE 1970S AND 80S. GINA FISCHLI: "I LOVE BEING CREATIVE" SEP 14 2022 - JAN 08 2023 "I LOVE BEING CREATIVE" WAS THE FIRST INSTITUTIONAL SOLO SHOW IN THE UNITED STATES BY SWISS ARTIST GINA FISCHLI. OFFSITE SI, IN PARTNERSHIP WITH THE VILLAGE ALLIANCE AND THE NEW YORK CITY DEPARTMENT OF TRANSPORTATION'S ART PROGRAM, PRESENTED "QUESTIONS," AN ART DISPLAY CASE INSTALLATION BY ABIGAIL REYES IN ASTOR PLACE. "NOE MARTINEZ AND MARIA SOSA: TEPALCATES DE SUENOS" WAS A COLLABORATIVE, SITE-SPECIFIC EXHIBITION BY NOE MARTINEZ AND MARIA SOSA THAT FEATURED A TWO-CHANNEL VIDEO, A MUSICAL COMPOSITION AND A CASCADE OF NEW PAINTINGS DEPICTING ANIMALS, PLANTS, BODIES, AND LANDSCAPES. IN TRIBUTE TO QUEER POETS WHO HAVE LIVED IN AND AROUND THE EAST VILLAGE AND NEW YORK CITY, ARTIST RODRIGO HERNANDEZ PRESENTED "I AM A STRANGER AND I AM MOVING," A SERIES OF DRAWINGS INSPIRED BY THEIR WORDS. ONSITE SI PRESENTED "340 E. 9TH STREET" BY EAST VILLAGE-BASED ARTIST MEGAN MARRIN, THE FIRST IN A SERIES OF MURAL COMMISSIONS ON THE UPTOWN-FACING EXTERIOR OF SI'S NEIGHBORING BUILDING AT 128 2ND AVENUE. SI ALSO HOSTED ARTISTS-IN-RESIDENCE AND PUBLISHED SEVERAL AWARD WINNING BOOKS. EDUCATION AND PUBLIC PROGRAMS SI IS FREE TO THE PUBLIC AND OFFERS MULTIGENERATIONAL ARTIST-LED WORKSHOPS, HOSTED IN COLLABORATION WITH OUR COMMUNITY PARTNERS IN THE LOWER EAST SIDE INCLUDING FREE ARTS NYC, FOURTH ARTS BLOCK, NEW YORK CITY DEPARTMENT OF YOUTH & COMMUNITY DEVELOPMENT, SIROVICH CENTER FOR BALANCED LIVING AND WYRM FARM SHARE AND WYRM MAGAZINE. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION UPDATED ITS BYLAWS TO CHANGE THE FOLLOWING: THE ORGANIZATION'S EXEMPT PURPOSES REMOVAL OF THE MEMBERS CHANGED THE NUMBER OF VOTING TRUSTEES FROM AT LEAST 5 AND NO MORE THAN 15 TO AT LEAST 3 AND NO MORE THAN 25. CHANGED THE LIMITATION OF TERMS FOR TRUSTEES. CHANGED THE DESCRIPTION OF DUTIES FOR THE BOARD OFFICER POSITIONS. CREATED A PRESIDENT AND EXECUTIVE CHAIR POSITION THAT WILL BE FILLED IN CASE OF A TRANSITION OF EXECUTIVE DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - THE FEDERAL FORM 990 IS PREPARED BY THE EXTERNAL ACCOUNTANT, AND A FINAL DRAFT IS EMAILED TO THE SWISS INSTITUTES'S BOOKKEEPER FOR A PRELIMINARY REVIEW. UPON COMPLETION, THE BOOKKEEPER THEN FORWARDS AN ELECTRONIC COPY TO THE DIRECTOR, TREASURER AND THE REST OF THE BOARD MEMBERS FOR REVIEW AND APPROVAL. THE BOOKKEEPER NOTIFIES THE EXTERNAL ACCOUNTANT THAT THE FORM 990 IS APPROVED AND READY TO BE FILED. FORM 990, PART VI, SECTION A, LINE 6: LINE 6 EXPLANATION - SWISS INSTITUTE IS MANAGED BY A GOVERNING BOARD, WHICH IS REFERRED TO AS THE BOARD OF TRUSTEES. A TRUSTEE SHALL BE A MEMBER DURING HIS/HER TRUSTEESHIP. THE NUMBER OF VOTING TRUSTEES CONSTITUTING THE ENTIRE BOARD SHALL BE AT LEAST FIVE AND NO MORE THAN FIFTEEN. THE PERSON OR PERSONS SIGNING THE CERTIFICATE OF INCORPORATION AS THE INCORPORATOR OR INCORPORATORS SHALL BE THE FIRST MEMBER OR MEMBERS OF THE SWISS INSTITUTE UNLESS THEY HAVE RESIGNED OR UNLESS MEMBERSHIP SHOULD BE TERMINATED. THEREAFTER, THE QUALIFICATIONS AND ELIGIBILITY FOR MEMBERSHIP AND THE MANNER OF ADMISSION INTO MEMBERSHIP SHALL BE PRESCRIBED BY RESOLUTION OF THE BOARD OF TRUSTEES AND/OR BY ANY SIMILARLY PRESCRIBED RULES AND REGULATIONS, WHICH THE BOARD OF TRUSTEES MAY PROMULGATE. FORM 990, PART VI, SECTION B, LINE 12C PRIOR TO ANY PARTY'S ELECTION TO THE BOARD OF TRUSTEES OR AS AN OFFICE, SUCH PARTY, AND ANNUALLY THEREAFTER, EACH MEMBER OF THE BOARD OF TRUSTEES AND EACH OFFICER SHALL DISCLOSE IN WRITING ANY INTEREST, AS DEFINED BELOW, IN ANY CORPORATION OR OTHER ORGANIZATION, WHICH PROVIDES GOODS OR SERVICES TO SWISS INSTITUTE FOR A FEE OR OTHER COMPENSATION. A COPY OF EACH DISCLOSURE STATEMENT SHALL BE AVAILABLE TO ANY TRUSTEE ON REQUEST. IF AT SWISS INSTITUTE 13-3414346 ANY TIME DURING HIS OR HER TERM OF SERVICE, A TRUSTEE OR OFFICE HAS ANY INTEREST, HE OR SHE SHALL PROMPTLY DISCLOSE THE MATERIAL FACTS OF THAT INTEREST IN WRITING TO THE BOARD. WHEN ANY MATTER IN WHICH A TRUSTEE OR OFFICER HAS AN INTEREST COMES BEFORE THE BOARD OR ANY COMMITTEE THEREOF FOR DECISION OR APPROVAL, THAT INTEREST SHALL BE IMMEDIATELY DISCLOSED TO THE BOARD OR THE COMMITTEE BY THAT TRUSTEE OR OFFICER. A TRUSTEE OR OFFICER SHALL BE DEEMED TO HAVE AN "INTEREST" IN A MATTER IF THAT TRUSTEE OR OFFICER OR A RELATED PARTY HAS A SIGNIFICANT ECONOMIC INTEREST IN A DECISION ON THE MATTER BY THE BOARD OR ANY COMMITTEE. AS TO ANY TRUSTEE OR OFFICER, A "RELATED PARTY" SHALL MEAN ANY RELATIVE THEREOF OR AN ENTITY IN WHICH ANY OF THE FOREGOING PERSONS IN A SHAREHOLDER, DIRECTOR, OFFICER OR THE EQUIVALENT. NO TRUSTEES SHALL VOTE ON ANY MATTER IN WHICH SUCH TRUSTEE HAS AN INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUSTEES DETERMINES THE COMPENSATION OF THE DIRECTORS. COMPARABLE COMPENSATION LEVELS FOR SIMILAR POSITIONS IN SIMILAR INDUSTRIES ARE EXPLORED BY EXPERTS IN THE INDUSTRY, AND DISCUSSED AT THE BOARD MEETING TO DETERMINE TOTAL COMPENSATION PACKAGES FOR THE DIRECTORS. ALL COMPENSATION DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES. THE DIRECTORS ARE PROVIDED WITH AN EMPLOYMENT CONTRACT THAT OUTLINES THE COMPENSATION PACKAGE. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE SERVICE CODE AS IT IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR WEBSITES. IN ADDITION, FORMS 990 AND 1023, AS WELL AS THE FINANCIAL STATEMENTS, ARTICLES OF INCORPORATION AND BYLAWS, ARE AVAILABLE UPON WRITTEN REQUEST OF THE ORGANIZATION AT 117 SECOND AVE, 2ND FLOOR, NEW YORK, NY 10003 OR BY CALLING (212) 925-2035. FORM 990, PART XI, LINE 9: GAIN ON CURRENCY TRANSLATION 14,222. LOSS ON UNCOLLECTABLE PROMISES TO GIVE -88,082. COST OF GOODS SOLD 7,098. FORM 990, XII, LINE 2 THE OVERSIGHT PROCESS OF ITS AUDIT OF IT FINANCIAL STATEMENTS AND SELECTION OF AN OUTSIDE ACCOUNTANT HAS NOT CHANGED FROM THE PROCESS FOLLOWED IN THE PRIOR YEAR.