2023-10-30T10:18:47-05:00 2022-12-31 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2022-01-01 132596500 SEAPORT MUSEUM NEW YORK SEAP 2127488600 12 FULTON STREET NEW YORK NY 10038 DAVID SHEEHAN TREASURER 2127488600 2023-10-19 1 DAVID SHEEHAN 999009999 0 ALEXANDER LAZZARUOLO P01775353 2126617777 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SOUTH STREET SEAPORT MUSEUM DAVID SHEEHAN 12 FULTON STREET NEW YORK NY 10038 12415294 0 X SOUTHSTREETSEAPORTMUSEUM.ORG X 1967 NY THE MUSEUM'S PRIMARY PURPOSE IS TO PRESERV/INTERPRET THE HISTORY OF NEW YORK AS A WORLD PORT 8 8 90 121 0 0 2872508 10660665 43430 267561 508337 7669 566608 1259786 3990883 12195681 0 0 0 0 1936959 2815543 0 0 382208 1923664 2319978 3860623 5135521 130260 7060160 25331264 26722225 10131746 4768349 15199518 21953876 X SOUTH STREET SEAPORT MUSEUM IS A CULTURAL INSTITUTION DEDICATED TO TELLING THE STORY OF THE RISE OF NEW YORK AS A PORT CITY AND ITS CRITICAL ROLE IN THE DEVELOPMENT OF THE UNITED STATES. THE MUSEUM USES ITS HISTORIC BUILDINGS AND SHIPS TO PROVIDE INTERACTIVE EXHIBITS, EDUCATION, AND EXPERIENCES. 0 0 1516009 39922 SCHOOL AND PUBLIC EVENTSTHE SEAPORT MUSEUM WELCOMED OVER 46,001 UNIQUE VISITORS FOR FREE IN 2022. ALL PUBLIC PROGRAMS WERE FREE IN 2022. EXCITING NEW PROGRAMS LIKE VINYASA ON A VESSEL, SCREENING OF THE FILM "MAIDEN," PUPPY ADOPTION WITH ANIMAL LIGHTHOUSE RESCUE, PRIDE-THEMED "RAINBOWS ON THE HUDSON" BOAT PARADE, AND CHILEAN INDEPENDENCE DAY FIESTAS PATRIAS WERE MIXED WITH PANEL CONVERSATIONS LIKE "RUSSELL SHORTO AND FRIENDS," "HISTORY AND HEROISM," "READINESS AND RESILIENCE: 10 YEARS AFTER SANDY." SCHOOL-AGE FIELD TRIPS RESUMED IN THE SEAPORT MUSEUM'S HISTORIC GALLERIES, DOCKSIDE ON PIER 16 AND IN THE HISTORIC DISTRICT ON STEAM TOPICS, SERVING OVER 3,000 NYC STUDENTS IN GRADES K-12. 1192705 227639 MARINE OPERATIONSTHROUGHOUT THE YEAR, VISITORS OF ALL AGES EXPLORED 1885 CARGO SHIP WAVERTREE AND 1908 LIGHTSHIP AMBROSE OUTDOORS FOR FREE. DURING THE PEAK SAILING MONTHS, BOTH 1885 SCHOONER PIONEER AND 1930 TUGBOAT W.O. DECKER TOOK TRIPS OUT ON NEW YORK HARBOR. 818525 134309 CURATORIALTHROUGHOUT THE YEAR, VISITORS ENJOYED THE FREE EXHIBITIONS "SOUTH STREET AND THE RISE OF NEW YORK AND "MILLIONS: MIGRANTS AND MILLIONAIRES ABOARD THE GREAT LINERS, 1900-1914" IN SCHERMERHORN ROW. DESIGNED FOR THE YOUNGEST VISITORS, "SEAPORT DISCOVERY: EXPLORING OUR WATERS WITH ERIC CARLE" OPENED IN APRIL. BOWNE & CO., STATIONERS REOPENED ITS DOORS TO THE PUBLIC IN JUNE. FAN-FAVORITE PUBLIC PROGRAMS, LIKE THE MONTHLY SEA CHANTEY SINGS AND ANNUAL PARTNERSHIPS WITH JANE'S WALK, CITY OF WATER DAY, ARCHTOBER, OPEN HOUSE NEW YORK, AND URBAN ARCHIVE, ALL CONTINUED AS WELL. 3527239 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 21 0 1 90 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X X JONATHAN BOULWARE PRESIDENT & CEO 2127488600 12 FULTON STREET NEW YORK NY 10038 BRENDAN SEXTON CHAIRMAN 1.00 X X 0 0 0 DAVID SHEEHAN TREASURER 1.00 X X 0 0 0 CHRISTIANA HUUS SECRETARY 1.00 X X 0 0 0 BEVIN SAVAGE-YAMAZAKI BOARD MEMBER 1.00 X 0 0 0 CRAIG PAGE BOARD MEMBER 1.00 X 0 0 0 CATHERINE MCVAY HUGHES BOARD MEMBER 1.00 X 0 0 0 ERNEST TOLLERSON BOARD MEMBER 1.00 X 0 0 0 CYRUS GENTRY BOARD MEMBER 1.00 X 0 0 0 JONATHAN BOULWARE PRESIDENT & CEO 40.00 X 239279 0 54653 MEG FELLERATH CHIEF OPERATING OFFICER 40.00 X 127340 0 14865 ANNA FRENKEL VICE PRESIDENT OF EXTERNAL 40.00 X 110176 0 21191 476795 0 90709 3 0 1 0 0 8636848 2023817 203593 10660665 ADMISSIONS 713990 157931 157931 MEMBERSHIP FEES 713990 69708 69708 EDUCATION 713990 39922 39922 267561 38882 38882 1125477 0 1125477 1125477 1125477 118964 150177 -31213 -31213 -31213 120553 69436 51117 51117 OTHER 900099 83192 83192 83192 12195681 401870 0 1133146 293932 187363 59889 46680 2020919 1466455 372156 182308 132606 97080 24230 11296 204521 148713 37595 18213 163565 117162 30460 15943 130106 130106 340611 189138 144390 7083 267467 160414 88339 18714 59983 20936 34079 4968 58244 58244 33917 11838 19270 2809 5342 1865 3035 442 606070 484855 72729 48486 422756 310038 87452 25266 SUPPLIES AND MAINTAINEN 286635 267172 19463 MISCELLANEOUS 108847 64210 44637 5135521 3527239 1226074 382208 1609430 2198331 1054007 296342 1440 7469 213832 80763 34445038 12127586 20385309 22317452 1950345 1704967 116901 116901 25331264 26722225 2245006 1981468 7539150 2439291 347590 347590 10131746 4768349 X 12644119 20126617 2555399 1827259 15199518 21953876 25331264 26722225 7060160 -305802 0 X 0 1 X 1 1 1 X 2058308 2428984 4227945 2872508 10660665 22248410 2058308 2428984 4227945 2872508 10660665 22248410 3182928 19065482 1449191 1218745 391691 571512 1164359 4795498 65485 15781 777 6693 83192 171928 27215836 1494404 0.70050 0.62760 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER - 2018 AMOUNT: $ 65,485. 2019 AMOUNT: $ 15,781. 2020 AMOUNT: $ 777. 2021 AMOUNT: $ 6,693. 2022 AMOUNT: $ 83,192. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 1454096 -107673 1346423 1413074 41022 1454096 1383851 29223 1413074 1338777 45074 1383851 1357657 -18880 1338777 1.00000 0 0 21000715 11167992 9832723 350015 350015 0 13094308 609579 12484729 22317452 SECURITY DEPOSITS 61647 INSURANCE REFUND PAYABLE 224750 OTHER 61193 347590 PART III, LINE 1A: THE MUSEUM'S SHIPS AND ANTIQUITIES AND RELATED IMPROVEMENTS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS, ARE NOT RECOGNIZED AS ASSETS ON THE CONSOLIDATED STATEMENT OF FINANCIAL POSITION. PURCHASES AND IMPROVEMENTS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE PURCHASES OR IMPROVEMENTS ARE MADE, OR AS TEMPORARILY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. CONTRIBUTED SHIPS AND ANTIQUITIES ARE NOT REFLECTED ON THE CONSOLIDATED FINANCIAL STATEMENTS. DETAILED INVENTORY RECORDS, HOWEVER, ARE MAINTAINED FOR THE SHIPS AND ANTIQUITIES AND IMPROVEMENTS. THE VALUE OF THE SHIPS AND ANTIQUITIES IS NOT READILY DETERMINABLE AND THE MUSEUM IS NOT FULLY INSURED FOR THE COST OF THEIR REPLACEMENT. PART III, LINE 4: THE SEAPORT MUSEUM OF NEW YORK'S COLLECTIONS TRACE THE HISTORY OF THE SEAPORT THROUGHOUT NEW YORK CITY, FROM THE EAST RIVER PIERS AND THE WATERFRONT AREAS OF MANHATTAN TO THE CITY'S OTHER BOROUGHS AND THE NEW JERSEY SHORELINE AS IT BORDERS NEW YORK HARBOR. THE MUSEUM COLLECTS ARTIFACTS, MANUSCRIPTS, WORKS OF ART, AND OTHER RECORDS WHICH DOCUMENT THREE GENERAL AREAS: THE COMMERCE, WORK, AND PEOPLE THAT HAVE CONTRIBUTED TO THE HISTORY OF NEW YORK'S SEAPORT. THE MUSEUM EMPHASIZES ACQUIRING INTEGRAL AND PROVENANCE BODIES OF MATERIAL RATHER THAN UNDOCUMENTED INDIVIDUAL ITEMS. THE SEAPORT MUSEUM NEW YORK IS DEDICATED TO THE HISTORY OF NEW YORK'S SEAPORT AND RECOGNIZES THE DISTRICT AS ONE OF THE MOST IMPORTANT PORTS IN THE WORLD. THE MUSEUM UTILIZES ITS ASSETS {THE COLLECTIONS) TO PROVIDE A UNIQUE AND AUTHENTIC NEW YORK EXPERIENCE FOR PEOPLES OF ALL AGES, THAT TELLS THE STORY OF THE PORT'S ROLE IN THE DEVELOPMENT OF THE CITY, STATE, AND NATION AS ECONOMIC CULTURAL AND POLITICAL POWERS. PART V, LINE 4: PROCEEDS GENERATED FROM THE INVESTMENT OF ENDOWMENT FUNDS IS UTILIZED FOR THE SUPPORT AND CONTINUED ENHANCEMENT OF OUR EDUCATIONAL PROGRAMS IN RELATION TO THE PORTS OF NEW YORK, THE SEAPORT DISTRICT AND THE MUSEUM'S COLLECTION OF ART, ARTIFACTS AND HISTORIC SHIPS. 0 0 0 0 0 0 0 0 0 JONATHAN BOULWARE PRESIDENT & CEO 239279 0 0 0 0 0 26560 0 28093 0 293932 0 0 0 X 4 203593 FMV 0 0 0 PART III - LINE 1 ESTABLISHED IN 1967, THE MUSEUM TELLS THE STORY OF HOW NEW YORK CITY GREW AS A RESULT OF ITS PORT. NEW YORK'S DEEP NATURAL HARBOR AND THE ERIE CANAL CONNECTION TO THE HEARTLAND WERE DIRECTLY RESPONSIBLE FOR NEW YORK'S RISE TO ITS CURRENT CULTURAL, ECONOMIC, AND POLITICAL STATUS. BETWEEN 1800 AND 1900, 75% OF U.S. TRADE PASSED THROUGH NEW YORK, WITH THE BULK OF THAT TRADE COMING THROUGH THE SOUTH STREET SEAPORT. WALL STREET'S PROXIMITY TO THE SEAPORT AND NEW YORK'S POSITION AS THE WORLD'S FINANCIAL CAPITAL CAN BE TRACED DIRECTLY BACK TO THE SEAPORT'S 19TH CENTURY TRADE. THE MUSEUM IS CHARGED WITH PRESERVING THAT LEGACY AND OVERSEEING THE PRESERVATION OF HISTORIC PARTS OF SCHERMERHORN ROW (14 FEDERAL-STYLE WAREHOUSES THAT FORM NEW YORK'S FIRST WORLD TRADE CENTER) AND THE STREET OF SHIPS ALONG THE EAST RIVER. THE MUSEUM'S CORE PROGRAMMING INCLUDES EXHIBITION GALLERIES, ACTIVE NINETEENTH CENTURY PRINT SHOPS, A RESEARCH LIBRARY, A MARITIME CRAFT CENTER, AND THE LARGEST PRIVATELY-OWNED FLEET OF HISTORIC SHIPS IN THE COUNTRY. SSSM RUNS STEM-BASED EDUCATIONAL PROGRAMMING FOR STUDENTS THAT COMBINE MATH, PHYSICS, AND MARITIME KNOWLEDGE WITH HISTORY AND SAILING. THESE PROGRAMS, WHICH TAKE PLACE ON THE MUSEUM'S SHIPS, ARE UNLIKE ANY OTHERS IN NEW YORK CITY. THE MUSEUM ALSO RUNS BLOCK AND LETTERPRESS PRINTING WORKSHOPS THROUGH BOWNE PRINTERS, WHICH OPERATES HISTORIC PRESSES FROM THE MUSEUM'S WORKING COLLECTION. DUE TO EXTENSIVE FLOODING DAMAGE FROM HURRICANE SANDY, THE MUSEUM'S MAIN GALLERIES AT 12 FULTON STREET HAVE BEEN CLOSED SINCE APRIL 7, 2013. THE MUSEUM HAS REPURPOSED THE GROUND FLOOR LOBBY AND MEZZANINE SPACES AS TEMPORARY GALLERIES AND OPENED SEVERAL NEW EXHIBITIONS, BEGINNING IN EARLY 2016. THE SEAPORT MUSEUM WELCOMED OVER 46,001 UNIQUE VISITORS FOR FREE IN 2022. THROUGHOUT THE YEAR, VISITORS OF ALL AGES EXPLORED 1885 CARGO SHIP WAVERTREE AND 1908 LIGHTSHIP AMBROSE OUTDOORS, AS WELL AS THE EXHIBITIONS "SOUTH STREET AND THE RISE OF NEW YORK AND "MILLIONS: MIGRANTS AND MILLIONAIRES ABOARD THE GREAT LINERS, 1900-1914" IN SCHERMERHORN ROW. DESIGNED FOR THE YOUNGEST VISITORS, "SEAPORT DISCOVERY: EXPLORING OUR WATERS WITH ERIC CARLE" OPENED IN APRIL. BOWNE & CO., STATIONERS REOPENED ITS DOORS TO THE PUBLIC IN JUNE. DURING THE PEAK SAILING MONTHS, BOTH 1885 SCHOONER PIONEER AND 1930 TUGBOAT W.O. DECKER TOOK TRIPS OUT ON NEW YORK HARBOR. IN ADDITION TO THESE CORE OFFERINGS, ALL PUBLIC PROGRAMS WERE ALSO FREE IN 2022. EXCITING NEW PROGRAMS LIKE VINYASA ON A VESSEL, SCREENING OF THE FILM "MAIDEN," PUPPY ADOPTION WITH ANIMAL LIGHTHOUSE RESCUE, PRIDE-THEMED "RAINBOWS ON THE HUDSON" BOAT PARADE, AND CHILEAN INDEPENDENCE DAY FIESTAS PATRIAS WERE MIXED WITH PANEL CONVERSATIONS LIKE "RUSSELL SHORTO AND FRIENDS," "HISTORY AND HEROISM," "READINESS AND RESILIENCE: 10 YEARS AFTER SANDY." FAN-FAVORITE PROGRAMS, LIKE THE MONTHLY SEA CHANTEY SINGS AND ANNUAL PARTNERSHIPS WITH JANE'S WALK, CITY OF WATER DAY, ARCHTOBER, OPEN HOUSE NEW YORK, AND URBAN ARCHIVE, ALL CONTINUED AS WELL. SCHOOL-AGE FIELD TRIPS RESUMED IN THE SEAPORT MUSEUM'S HISTORIC GALLERIES, DOCKSIDE ON PIER 16 AND IN THE HISTORIC DISTRICT ON STEAM TOPICS, SERVING OVER 3,000 NYC STUDENTS IN GRADES K-12. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE EMAILED TO THE FULL BOARD PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE MUSEUM HAS A CONFLICT OF INTEREST POLICY WHICH IS SIGNED BY BOARD MEMBERS. BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO REPORT ANY CONFLICTS TO THE PRESIDENTS OF THE MUSEUM OR CHAIRMAN OF THE BOARD. THE PRESIDENT AND CHAIRMAN REVIEW ANY POTENTIAL CONFLICTS. IF THERE IS A CONFLICT, THE BOARD MEMBER OR EMPLOYEE WILL BE REMOVED FROM THE DECISION-MAKING PROCESS INVOLVED WITH THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A THE BUDGET WAS REVIEWED BY THE BOARD. THE BUDGET INCLUDED COMPENSATION DATA FOR ALL SALARIED EMPLOYEES. THE BOARD APPROVED THE BUDGET INCLUDING THE PROPOSED SALARIES. FORM 990, PART VI, SECTION C, LINE 19 THE MUSEUM MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY & FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. 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