2023-11-14T08:00:44-06:00 2022-12-31 135565207 KPMG LLP 345 PARK AVENUE NEW YORK NY 101540102 990 2022-01-01 900884353 SHED NYC INC SHED 6468766904 545 WEST 30TH STREET NEW YORK NY 10001 PETER GEE CFO 6468766904 2023-11-09 1 PETER GEE 999009999 0 OMO-OSE JOSEPH-ERAMEH P02534927 2127589700 2023-11-06 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z THE SHED ALEXANDER M POOTS 545 WEST 30TH STREET NEW YORK NY 10001 35449494 0 X WWW.THESHED.ORG X 2012 NY THE SHED BRINGS TOGETHER ESTABLISHED AND EMERGING ARTISTS TO CREATE NEW WORK. SEE SCHEDULE O.THE SHED BRINGS TOGETHER ESTABLISHED AND EMERGING ARTISTS TO CREATE NEW WORK, ACROSS ALL DISCIPLINES, FOR ALL AUDIENCES. 38 35 1203 37 5110961 0 45684079 15579396 1082920 8093394 97274 -3618 1525731 5227978 48390004 28897150 0 0 0 0 11438243 17049333 235623 318367 5683983 26815844 31728351 38489710 49096051 9900294 -20198901 605118283 575214850 143126973 133422441 461991310 441792409 X THE SHED IS A NEW CULTURAL INSTITUTION OF AND FOR THE 21ST CENTURY. WE PRODUCE AND WELCOME INNOVATIVE ART AND IDEAS, ACROSS ALL FORMS OF CREATIVITY, TO BUILD A SHARED UNDERSTANDING OF OUR RAPIDLY CHANGING WORLD AND A MORE EQUITABLE SOCIETY. CONTINUED ON SCHEDULE O. 0 0 15938885 5481155 LIVE PERFORMANCE PROGRAMMINGLIVE PERFORMANCE PROGRAMMING IS AN ANNUAL SERIES OF WORKS BY ESTABLISHED AND EMERGING ARTISTS ACROSS PERFORMING ARTS DISCIPLINES. DIVERSITY OF GENRE AND AUDIENCE EXPERIENCE GUIDES THE SHED'S ARTISTIC CHOICES, AS DOES ARTISTS' APPETITES FOR EXPERIMENTATION. CONTINUED ON SCHEDULE O 12983858 2547239 VISUAL ARTS PROGRAMMINGVISUAL ARTS PROGRAMMING CONSISTS OF A SERIES OF EXHIBITIONS FEATURING WORKS FROM A RANGE OF BOTH ESTABLISHED AND EARLY-CAREER ARTISTS. CONTINUED ON SCHEDULE O 3829598 65000 CIVIC PROGRAMSBY CREATING SOCIALLY-ENGAGED WORK IN PARTNERSHIP WITH LOCAL COMMUNITIES, THE SHED'S CIVIC PROGRAMS DEVELOP NEW AVENUES TO ENGAGEMENT FOR ARTISTS AND AUDIENCES WHO HAVE NOT HISTORICALLY BEEN WELL SERVED BY LARGE MANHATTAN-BASED CULTURAL ORGANIZATIONS. CONTINUED ON SCHEDULE O 32752341 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 1 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 0 1 0 0 0 0 1 225 0 1 1203 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 38 35 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NY X PETER GEE 6468766904 545 WEST 30TH STREET NEW YORK NY 10001 ALEXANDER POOTS ARTISTIC DIRECTOR & CEO 40.00 0.00 X X 791498 0 14416 DEBBIE AUGUST DIRECTOR 0.50 0.00 X 0 0 0 HEATHER BAKER DIRECTOR 0.50 0.00 X 0 0 0 PETER A BOYCE II DIRECTOR 0.50 0.00 X 0 0 0 NEERAJ CHANDRA DIRECTOR 0.50 0.00 X 0 0 0 MISTY COPELAND DIRECTOR 0.50 0.00 X 0 0 0 ROBERTA DENNING DIRECTOR 0.50 0.00 X 0 0 0 DANIEL L DOCTOROFF FOUNDING CHAIR 0.50 0.00 X X 0 0 0 LEW FRANKFORT DIRECTOR 0.50 0.00 X 0 0 0 DEXTER G GOEI DIRECTOR 0.50 0.00 X 0 0 0 ROBERT GOLDSTEIN DIRECTOR 0.50 0.00 X 0 0 0 GLENDA G GRACE DIRECTOR 0.50 0.00 X 0 0 0 GARY HOBERMAN DIRECTOR 0.50 0.00 X 0 0 0 TODD KAHN DIRECTOR 0.50 0.00 X 0 0 0 MONISH KUMAR DIRECTOR 0.50 0.00 X 0 0 0 KATE D LEVIN DIRECTOR 0.50 0.00 X 0 0 0 CHRISTINA WEISS LURIE DIRECTOR 0.50 0.00 X 0 0 0 FRANK H MCCOURT JR DIRECTOR 0.50 0.00 X 0 0 0 MARIGAY MCKEE DIRECTOR 0.50 0.00 X 0 0 0 DARLA MOORE DIRECTOR 0.50 0.00 X 0 0 0 COLBY MUGRABI DIRECTOR 0.50 0.00 X 0 0 0 DASHA ZHUKOVA NIARCHOS DIRECTOR 0.50 0.00 X 0 0 0 CLAUDIA RANKINE DIRECTOR 0.50 0.00 X 0 0 0 MARIA CATALINA SAIEH GUZMAN DIRECTOR 0.50 0.00 X 0 0 0 ANDRES SANTO DOMINGO DIRECTOR 0.50 0.00 X 0 0 0 ANN SARNOFF DIRECTOR 0.50 0.00 X 0 0 0 DEAN SHAPIRO DIRECTOR 0.50 0.00 X 0 0 0 HARVEY J SPEVAK DIRECTOR 0.50 0.00 X 0 0 0 JONATHAN M TISCH CHAIR 0.50 0.00 X X 0 0 0 JED WALENTAS DIRECTOR 0.50 0.00 X 0 0 0 FRED WILSON DIRECTOR 0.50 0.00 X 0 0 0 DEBORAH WINSHEL DIRECTOR 0.50 0.00 X 0 0 0 KENNETH P WONG DIRECTOR 0.50 0.00 X 0 0 0 HON ADRIENNE E ADAMS DIRECTOR (EX-OFFICIO) 0.50 0.00 X 0 0 0 HON LAURIE CUMBO DIRECTOR (EX-OFFICIO) 0.50 0.00 X 0 0 0 HON MARK LEVINE DIRECTOR (EX-OFFICIO) 0.50 0.00 X 0 0 0 HON MARIA TORRES-SPRINGER DIRECTOR (EX-OFFICIO) 0.50 0.00 X 0 0 0 DAVID C DRUMMOND DIRECTOR (END 7/22) 0.50 0.00 X 0 0 0 HON INGE IVCHENCKO DIRECTOR (EX-OFFICIO) 0.50 0.00 X 0 0 0 MARYANN JORDAN PRESIDENT AND COO 40.00 0.00 X 524353 0 29808 ABDUL YOUNIS CHIEF EXECUTIVE PRODUCER 40.00 0.00 X 364157 0 19582 PETER GEE CHIEF FINANCIAL OFFICER 40.00 0.00 X 342157 0 47699 EZRA WIESNER CHIEF TECHNOLOGY OFFICER 40.00 0.00 X 285019 0 55949 ROBERT MOHLER CHIEF DEVELOPMENT OFFICER 40.00 0.00 X 251785 0 11288 TAMARA MCCAW CHIEF CIVIC PROGRAM OFFICER 40.00 0.00 X 204678 0 26121 JEFFREY LEVINE CHIEF MARKETING & COMM OFFICER 40.00 0.00 X 183856 0 47513 ANDRIA HICKEY BEG 322 CHIEF CURATOR 40.00 0.00 X 164594 0 18485 MEGHEDIA KHODAVERDIAN END 522 CHIEF BUS DEVELOPMENT OFFICER 40.00 0.00 X 211652 0 5955 GILBERT PEREZ END 922 CHIEF VISITOR EXPERIENCE OFFICER 40.00 0.00 X 197522 0 19164 EMMA ENDERBY END 522 CHIEF CURATOR 40.00 0.00 X 23992 0 2711 JOSEPH WITTMANN DIRECTOR OF FACILITIES 40.00 0.00 X 201274 0 7846 ROBERT CAROTENUTO DIRECTOR OF SECURITY 40.00 0.00 X 163592 0 25425 JOSH PHAGOO OPERATING ENGINEER 40.00 0.00 X 165416 0 4006 LAURA ASWAD PRODUCER 40.00 0.00 X 152258 0 7045 STUART BURGESS STAGEHAND 40.00 0.00 X 151157 0 0 4378960 0 343013 32 0 1 0 ERY SOUTH RESIDENTIAL TOWER LLC 30 HUDSON YARDS NEW YORK NY 10001 CONSTRUCTION 1440298 ALLIED UNIVERSAL SECURITY SERVICES PO BOX 828854 PHILADELPHIA PA 191828854 SECURITY STAFFING 674477 3DTEX GMBH CHORINER STR 57 BERLIN GM 10435 TEXTILE ARCHITECTURE 581654 LONDON THEATRE COMPANY PRODUCTIONS LTD 7 SAVOY CT LONDON UK WC2R 0EX PRODUCTION SERVICES 532095 SASHA GROUP LLC 10 HUDSON YARDS FL 25 NEW YORK NY 10001 MARKETING 443780 11 402223 1669074 2154646 11353453 145306 15579396 BOX OFFICE TICKET REV 711190 7153394 7153394 CO-COMMISSION REVENUE 711190 870000 870000 UNFINISHED LIVE 2022 711190 70000 70000 8093394 345 345 8925717 3814756 5110961 5110961 5110961 1710154 1714117 -3963 -3963 -3963 89490 1669074 967253 -877763 -877763 111992 56218 55774 55774 FOOD & BEVERAGE 722511 860553 860553 LICENSING 900099 25000 25000 53453 53453 939006 28897150 8093394 5110961 113399 3843955 2419082 522359 902514 8429616 4179189 3720431 529996 205958 104053 75749 26156 3226650 2240805 851893 133952 1343154 914275 329608 99271 76037 13673 62119 245 134164 134164 318367 318367 219042 181393 37649 1122298 1063081 59217 205624 122425 50593 32606 1119191 1065402 53789 4056002 2408702 1014173 633127 201793 149104 35472 17217 2543405 1514295 625794 403316 13663031 9014327 2826840 1821864 1048592 624312 258001 166279 PRODUCTION EXPENSE 5657470 5541399 3659 112412 ARTIST & PERFORMING FEE 1081026 1081026 DEVELOP. & SPEC. EVENTS 593831 109926 56461 427444 PROF. DEVELOPMENT 6845 5872 973 0 49096051 32752341 10659727 5683983 15230568 4606898 55369702 37285540 61180 15750 15750 89886 89886 577554 169565 581581107 50128190 532654804 531452917 1180019 1533114 605118283 575214850 4182354 6191270 882975 2818426 54500000 54500000 53774738 35216620 25000000 25000000 4786906 9696125 143126973 133422441 X 459459704 440225803 2531606 1566606 461991310 441792409 605118283 575214850 -20198901 0 X 0 0 0 X 74188371 90569567 100932172 45684079 15579396 326953585 74188371 90569567 100932172 45684079 15579396 326953585 104518961 222434624 1042 5795066 2121224 2762898 8926062 19606292 1058684 163547 237429 939006 2398666 348958543 16778718 0.63740 0.61460 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FOOD AND BEVERAGE - 2019 AMOUNT: $ 1,018,022. 2020 AMOUNT: $ 71,684. 2021 AMOUNT: $ 162,131. 2022 AMOUNT: $ 860,553. STATE TAX REFUND - 2019 AMOUNT: $ 34,000. 2020 AMOUNT: $ 31,329. 2021 AMOUNT: $ 12,957. CORP CREDIT CARD CASHBACK - 2019 AMOUNT: $ 6,662. 2020 AMOUNT: $ 15,543. CLEANING DEPOSITS - 2021 AMOUNT: $ 50,000. OTHER - 2020 AMOUNT: $ 44,991. 2021 AMOUNT: $ 12,341. 2022 AMOUNT: $ 53,453. LICENSING - 2022 AMOUNT: $ 25,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 565433013 39836729 525596284 11751278 7655899 4095379 4396816 2635562 1761254 531452917 RETAINAGE PAYABLE 9665930 OTHER LIABILITIES 30195 9696125 X 32711906 0 32711906 -3814756 -3814756 28897150 52910807 3814756 3814756 49096051 0 49096051 PART X, LINE 2: UNCERTAIN TAX POSITIONS SHED NYC, INC. IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, IT IS NOT SUBJECT TO FEDERAL INCOME TAX. SHED NYC, INC. IS ALSO EXEMPT FROM STATE AND LOCAL INCOME TAXES. INCOME GENERATED FROM ACTIVITIES UNRELATED TO SHED NYC, INC.'S EXEMPT PURPOSE IS SUBJECT TO TAX UNDER INTERNAL REVENUE CODE SECTION 511. DURING THE YEARS ENDED DECEMBER 31, 2022 AND 2021, THE SHED DID NOT RECOGNIZE ANY UNRELATED BUSINESS INCOME TAX. THE SHED RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES -3,814,756. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES 3,814,756. EUROPE (INCLUDING ICELAND & GREENLAND) 0 3 PROGRAM SERVICES PROGRAM ADVISORY 1113749 0 3 0 0 0 3 1113749 0 1113749 0 0 0 0 0 0 PART III ACCOUNTING METHOD: X X X X X X 1 WALNUT HILL MEDIA LLC 667 MADISON AVE NEW YORK NY 10065 FUNDRAISING COUNSEL 0 0 185382 -185382 PENNINGTON GRAY LLC 7 WINSTON FARM LANE FAR HILLS NJ 07931 FUNDRAISING COUNSEL 0 0 92812 -92812 278194 -278194 CT NJ NY PA GALA 1758564 1669074 89490 325871 185086 140413 315883 1758564 1669074 89490 325871 185086 140413 315883 967253 -877763 SCHEDULE G, PART I, LINE 2B PROFESSIONAL FUNDRAISERS NAME OF FUNDRAISER: WALNUT HILL MEDIA, LLC AMOUNT PAID TO (OR RETAINED BY) FUNDRAISER: $18,000 PER MONTH FLAT FEE, ARRANGEMENT PLUS ELIGIBLE EXPENSE REIMBURSEMENTS. THE INITIAL TERM FOR THE ARRANGEMENT COMMENCED ON APRIL 1, 2013 AND LASTED THROUGH DECEMBER 31, 2013. THE CONTRACT HAS BEEN AUTOMATICALLY RENEWED IN SIX MONTH INTERVALS SINCE 2013 AND WILL CONTINUE UNLESS EITHER SIDE GIVES WRITTEN TERMINATION NOTICE. NAME OF FUNDRAISER: PENNINGTON GRAY, LLC AMOUNT PAID TO (OR RETAINED BY) FUNDRAISER: $4,250 PER MONTH FLAT FEE. ARRANGEMENT PLUS ELIGIBLE EXPENSE REIMBURSEMENTS. THIS CONTRACT WAS TERMINATED AS OF FEBRUARY 28, 2022. X 0 1 X X 1 0 0 0 0 0 0 0 0 ALEXANDER POOTS ARTISTIC DIRECTOR & CEO 647498 0 0 0 144000 0 12200 0 2216 0 805914 0 0 0 MARYANN JORDAN PRESIDENT AND COO 464353 0 0 0 60000 0 12200 0 17608 0 554161 0 0 0 PETER GEE CHIEF FINANCIAL OFFICER 342157 0 0 0 0 0 12200 0 35499 0 389856 0 0 0 ABDUL YOUNIS CHIEF EXECUTIVE PRODUCER 296850 0 0 0 67307 0 7312 0 12270 0 383739 0 0 0 EZRA WIESNER CHIEF TECHNOLOGY OFFICER 285019 0 0 0 0 0 11931 0 44018 0 340968 0 0 0 ROBERT MOHLER CHIEF DEVELOPMENT OFFICER 251785 0 0 0 0 0 10071 0 1217 0 263073 0 0 0 JEFFREY LEVINE CHIEF MARKETING & COMM OFFICER 183856 0 0 0 0 0 7723 0 39790 0 231369 0 0 0 TAMARA MCCAW CHIEF CIVIC PROGRAM OFFICER 204678 0 0 0 0 0 8463 0 17658 0 230799 0 0 0 MEGHEDIA KHODAVERDIAN END 522 CHIEF BUS DEVELOPMENT OFFICER 146473 0 0 0 65179 0 0 0 5955 0 217607 0 0 0 GILBERT PEREZ END 922 CHIEF VISITOR EXPERIENCE OFFICER 187546 0 0 0 9976 0 7844 0 11320 0 216686 0 0 0 JOSEPH WITTMANN DIRECTOR OF FACILITIES 201274 0 0 0 0 0 6355 0 1491 0 209120 0 0 0 ROBERT CAROTENUTO DIRECTOR OF SECURITY 163592 0 0 0 0 0 6859 0 18566 0 189017 0 0 0 ANDRIA HICKEY BEG 322 CHIEF CURATOR 164594 0 0 0 0 0 0 0 18485 0 183079 0 0 0 JOSH PHAGOO OPERATING ENGINEER 165416 0 0 0 0 0 0 0 4006 0 169422 0 0 0 LAURA ASWAD PRODUCER 152258 0 0 0 0 0 6090 0 955 0 159303 0 0 0 STUART BURGESS STAGEHAND 151157 0 0 0 0 0 0 0 0 0 151157 0 0 0 PART I, LINE 1A SCHEDULE J, PART I, LINES 1A AND 1B HOUSING ALLOWANCE IN 2022, THE SHED PROVIDED A HOUSING ALLOWANCE TO THE ARTISTIC DIRECTOR & CHIEF EXECUTIVE OFFICER, PRESIDENT & CHIEF OPERATING OFFICER AND CHIEF EXECUTIVE PRODUCER, PURSUANT TO THE TERMS UNDER THEIR RESPECTIVE EMPLOYMENT AGREEMENTS (WHICH WERE APPROVED BY THE BOARD). THESE AMOUNTS ARE INCLUDED IN THE OFFICERS' TAXABLE WAGES AND REPORTED ON SCHEDULE J, PART II, COLUMN (B)(III). PART I, LINE 4A SEVERANCE COMPENSATION IN 2022, MEGHEDIA KHODAVERDIAN RECEIVED SEVERANCE COMPENSATION. THIS AMOUNT IS INCLUDED IN THE OFFICER'S TAXABLE WAGES AND REPORTED ON SCHEDULE J, PART II, COLUMN (B)(III). STEPHEN M ROSS EX-DIRECTOR CONSTRUCTION LOAN X 45000000 45000000 0 1 1 DAN DOCTOROFF DIRECTOR WORKING OPERATING CAPITAL LOAN X 9500000 9500000 0 1 1 ABDUL YOUNIS CHIEF EXECUTIVE PRODUCER REFUNDABLE SECURITY DEPOSIT X 6000 6000 0 1 1 MARYANN JORDAN DIRECTOR REFUNDABLE SECURITY DEPOSIT X 9750 9750 0 1 1 54515750 UNFINISHED LIVE LLC 35% CONTROLLED ENTITY OF FRANK MCCOURT 70000 PROGRAM COLLABORATION 0 SCHEDULE L, PART II, LOANS TO AND FROM INTERESTED PERSONS: NAME OF PERSON: DANIEL DOCTOROFFRELATIONSHIP WITH ORGANIZATION: DIRECTORPURPOSE OF LOAN: WORKING OPERATING CAPITAL LOANNAME OF PERSON: MARYANN JORDANRELATIONSHIP WITH ORGANIZATION: PRESIDENT AND CHIEF OPERATING OFFICERPURPOSE OF LOAN: REFUNDABLE SECURITY DEPOSITNAME OF PERSON: STEPHEN M. ROSSRELATIONSHIP WITH ORGANIZATION: SUBSTANTIAL CONTRIBUTORPURPOSE OF LOAN: CONSTRUCTION LOANNAME OF PERSON: ABDUL YOUNISRELATIONSHIP WITH ORGANIZATION: CHIEF EXECUTIVE PRODUCERPURPOSE OF LOAN: REFUNDABLE SECURITY DEPOSIT X 2 145306 GIFT VALUE 0 0 1 0 SCHEDULE M, PART I, COLUMN (B): THE AMOUNTS IN COLUMN B REPRESENT THE NUMBER OF SEPARATE CONTRIBUTORS. SCHEDULE M, PART I, COLUMN (D): AVERAGE PRICE BETWEEN THE HIGHEST AND LOWEST QUOTED SELLING PRICES ON THE DATE RECEIVED. FORM 990, PART III, LINE 4A (CONTINUED) LIVE PERFORMANCE PROGRAMMING *THE SEARCH FOR SIGNS OF INTELLIGENT LIFE IN THE UNIVERSE (DEC 21, 2021 - FEB 6, 2022, THE GRIFFIN THEATER): THIS PLAY BY WRITER/DIRECTOR JANE WAGNER IS A ONE-WOMAN SHOW THAT EXAMINES AMERICAN SOCIETY, ART, HUMAN CONNECTIVITY AND THE FEMINIST MOVEMENT. REVISITED IN A NEW 90-MINUTE PRODUCTION, THIS COMEDIC AND QUICK-WITTED PLAY STARS CECILY STRONG (SATURDAY NIGHT LIVE, SCHMIGADOON!) IN HER NEW YORK THEATRICAL DEBUT AND IS DIRECTED BY TONY-NOMINATED LEIGH SILVERMAN (THE LIFESPAN OF A FACT, VIOLET). *HEADLESS, THE DEMONSTRATION (FEBRUARY 10 - 12) ANONYMOUS CLUB, THE CREATIVE STUDIO LED BY DESIGNER SHAYNE OLIVER, BROUGHT THREE DISTINCT CULTURAL EVENTS TO THE SHED'S GRIFFIN THEATER DURING NEW YORK FASHION WEEK. TITLED HEADLESS, THE DEMONSTRATION, THE EVENINGS WERE A CELEBRATION OF THE VIBRANT CULTURE THAT THE COLLECTIVE HAS WORKED TO DEFINE AND REDEFINE WITH THEIR FAMILY OF ARTISTIC COLLABORATORS THROUGH MUSIC, FASHION, AND PERFORMANCE. *HELP (MARCH 15 - APRIL 10) : ACCLAIMED AUTHOR AND POET CLAUDIA RANKINE'S NEW PLAY, HELP, DIRECTED BY OBIE AWARD-WINNER TAIBI MAGAR, BOLDLY ADDRESSED THE MANY FACETS OF WHITE MALE PRIVILEGE. HELP FEATURED APRIL MATTHIS AS THE NARRATOR WHO RECOUNTS RANKINE'S REAL-LIFE CONVERSATIONS WITH WHITE MEN THAT TAKE PLACE IN TRANSITIONAL SPACES LIKE AIRPORTS. AS THE STORIES UNFOLD THROUGH MONOLOGUES AND STAGED SCENARIOS, HELP EXPLORES HOW THESE CONVERSATIONS CAN GO RIGHT, WRONG, OR RAISE NEW QUESTIONS. MORE THAN 8,000 PEOPLE ATTENDED A PERFORMANCE OF HELP DURING ITS RUN. *MOBY DICK; OR, THE WHALE (APRIL 15 - 17): THE SHED PRESENTED FOUR PERFORMANCES OF AWARD-WINNING FILMMAKER AND VISUAL ARTIST WU TSANG AND THE COLLECTIVE MOVED BY THE MOTION'S FEATURE-LENGTH, SILENT-FILM TELLING OF HERMAN MELVILLE'S GREAT AMERICAN NOVEL. THE FILM INCLUDES ORIGINAL MUSIC COMPOSED BY CAROLINE SHAW AND ANDREW YEE WITH ASMA MAROOF, PERFORMED LIVE BY MEMBERS OF THE NEW YORK PHILHARMONIC, CONDUCTED BY DANIELA CANDILLARI. THIS ADAPTATION, WRITTEN BY SOPHIA AL-MARIA AND DIRECTED BY TSANG, FOLLOWS THE WHITE WHALE ABOVE AND BELOW THE SURFACE OF THE WATER, DEVELOPING A VISUAL COSMOLOGY THAT RESISTS THE EXPLORATION AND EXPLOITATION OF THE EARTH UNDER IMPERIAL COLONIALISM. CONCURRENT WITH THE PRESENTATION AT THE SHED, MOVED BY THE MOTION CONTRIBUTED A VIDEO INSTALLATION TO THE WHITNEY BIENNIAL 2022 FEATURING EXTRA-NARRATIVE AND RECONTEXTUALIZED MATERIAL FROM MOBY DICK; OR, THE WHALE. MORE THAN 1,500 TICKETS WERE BOOKED FOR THE FOUR-SHOW RUN. *STRAIGHT-LINE CRAZY (OCTOBER 18 - DECEMBER 18): FOLLOWING AN ACCLAIMED RUN LAST SPRING AT THE BRIDGE THEATRE IN LONDON, STRAIGHT LINE CRAZY, A NEW PLAY BY DAVID HARE, MADE ITS U.S. DEBUT AT THE SHED THIS FALL. STARRING A "GLORIOUS" RALPH FIENNES AS ROBERT MOSES (THE NEW YORK TIMES) AND DIRECTED BY NICHOLAS HYTNER AND JAMIE ARMITAGE, THE PLAY DELVES INTO MOSES'S QUESTIONABLE LEGACY AND ENDURING IMPACT ON NEW YORK CITY. FOR 40 UNINTERRUPTED YEARS, MOSES WAS CONSIDERED AMONG THE MOST POWERFUL MEN IN NEW YORK AS HE ENVISIONED AND BUILT PUBLIC WORKS WHOSE AFTEREFFECTS DETERMINE HOW NEW YORKERS EXPERIENCE THE CITY TO THIS DAY. THE PLAY PRESENTS AN IMAGINED RETELLING OF THE ARC OF MOSES'S CONTROVERSIAL CAREER IN TWO DECISIVE MOMENTS: HIS RISE TO POWER IN THE LATE 1920S AND THE PUBLIC OUTCRY AGAINST THE CORROSIVE EFFECTS OF THAT POWER IN THE MID-1950S. TICKETS TO THE SHOW WERE SOLD OUT BEFORE PREVIEWS EVEN BEGAN. FORM 990, PART III, LINE 4B (CONTINUED) VISUAL ARTS PROGRAMMING *TOMAS SARACENO: PARTICULAR MATTER(S) OPENED ON FEBRUARY 11 AND RAN THROUGH APRIL 17. PARTICULAR MATTER(S), SARACENO'S LARGEST EXHIBITION IN THE U.S. TO DATE, PROPOSED A CONVERSATION BETWEEN HUMAN AND NONHUMAN LIFEFORMS, CELEBRATING THE COMPLEXITY OF OUR COLLECTIVE EXISTENCE WHILE LOOKING FOR WAYS TO LIVE TOGETHER DIFFERENTLY. AN URGENT REFLECTION OF THE CLIMATE CRISIS, THE EXHIBITION FEATURED NEW AND EXISTING WORKS IN THE SHED'S GALLERIES AND A NEWLY COMMISSIONED SENSORY EXPERIENCE, FREE THE AIR: HOW TO HEAR THE UNIVERSE IN A SPIDER/WEB, A 95-FOOT-DIAMETER INSTALLATION IN THE SOARING MCCOURT SPACE. THE EXHIBITION WAS ACCOMPANIED BY A FULLY ILLUSTRATED CATALOG AND A ROBUST PUBLIC PROGRAM IN PARTNERSHIP WITH THE EARTH INSTITUTE AT COLUMBIA UNIVERSITY. DURING ITS 10-WEEK RUN, TOMS SARACENO: PARTICULAR MATTER(S) DREW MORE THAN 50,000 VISITORS, OUR MOST ATTENDED PAID PROGRAM TO DATE. *TRACE OF AN IMPLIED PRESENCE (AUGUST 3 - DECEMBER 11): TIONA NEKKIA MCCLODDEN, AN ARTIST WHO THE NEW YORK TIMES SUGGESTS "MAY BE AMERICA'S MOST ESSENTIAL TODAY," DEBUTED THE TRACE OF AN IMPLIED PRESENCE, A MEDITATION ON THE LIVING HISTORY AND INFLUENCE OF CONTEMPORARY BLACK DANCE IN THE UNITED STATES, ON AUGUST 3. THE EXHIBITION CENTERED ON A MULTICHANNEL VIDEO INSTALLATION INSPIRED BY THE ARTIST'S RESEARCH INTO THE BROOKLYN ACADEMY OF MUSIC'S 1983 LANDMARK FESTIVAL DANCE BLACK AMERICA, A DYNAMIC PRESENTATION OF AMERICAN DANCE THAT FEATURED LEGENDARY BLACK DANCERS, CHOREOGRAPHERS, SCHOLARS, AND DANCE COMPANIES. IN THE SHED'S LEVEL 2 GALLERY, THE INSTALLATION FEATURED FOUR INDIVIDUAL DANCE FLOORS THAT FUNCTION AS STAGES FOR PROJECTED IMAGES OF ARCHIVAL DANCE FOOTAGE, FILM PORTRAITS OF KEY FIGURES INVOLVED WITH THE FESTIVAL, AND THE ARTIST'S OWN DOCUMENTATION OF THE PHILLY BOP, A BLACK SOCIAL DANCE FROM PHILADELPHIA. THE EXHIBITION WAS ACCOMPANIED BY A SERIES OF IN-GALLERY DANCE PERFORMANCES BY MCCLODDEN'S COLLABORATORS -- SCHOLAR AND TAP DANCER MICHAEL J. LOVE, DANCER AND CHOREOGRAPHER LESLIE CUYJET, THE ROD RODGERS DANCE COMPANY, AND DANCERS AUDREY & JUNE DONALDSON, A COUPLE UPHOLDING THE LEGACY OF THE PHILLY BOP -- AS WELL AS A CONVERSATION BETWEEN MIKKI SHEPARD AND THE ARTIST, AND A READING AND BOOK LAUNCH WITH HARMONY HOLIDAY. *MAXWELL ALEXANDRE: PARDO PAPEL: THE GLORIOUS VICTORY AND NEW POWER (OCTOBER 25, 2022 - JANUARY 8, 2023): IN HIS FIRST NORTH AMERICAN SOLO EXHIBITION, BRAZILIAN ARTIST MAXWELL ALEXANDRE PRESENTED NEW AND EXISTING PAINTINGS FROM HIS ONGOING SERIES "PARDO PAPEL" (2017) THAT DEPICT COLLECTIVE PORTRAITS CELEBRATING THE EMPOWERMENT, SELF-ESTEEM, AND PROSPERITY OF BLACK PEOPLE. SUSPENDED FROM THE GALLERY CEILING, ALEXANDRE'S LARGE-SCALE PAINTINGS FORMED PATHWAYS AND INTIMATE ENCLOSURES THAT SURROUNDED VISITORS. THEY PORTRAY STRIKING SCENES OF COMMUNAL LEISURE INTERSPERSED WITH RECURRING RELIGIOUS AND ART HISTORICAL IMAGERY. POP CULTURAL SYMBOLS APPEAR ALONGSIDE THESE IMAGES, INCLUDING DEPICTIONS OF BLACK CULTURAL ICONS, LIKE BEYONCE, NINA SIMONE, AND ELZA SOARES, AND COMMERCIAL PRODUCTS FROM HIS CHILDHOOD, SUCH AS POPULAR PLASTIC BLUE CAPRI POOLS, DANONE YOGURT, AND THE CHOCOLATE DRINK TODDYNHO. A FULLY ILLUSTRATED CATALOG DESIGNED BY NORMAL STUDIO ACCOMPANIED THE EXHIBITION, WITH ESSAYS FROM THE EXHIBITION'S CURATOR, ALESSANDRA GMEZ, AND SCHOLAR TINA M. CAMPT, AN INTERVIEW BY HANS ULRICH OBRIST, AND WRITING BY THE ARTIST. FORM 990, PART III, LINE 4C (CONTINUED) CIVIC PROGRAMS *OPEN CALL (JULY 8, 2022- AUGUST 27, 2022): LAUNCHED AS PART OF THE SHED'S INAUGURAL YEAR PROGRAM, OPEN CALL IS A LARGE-SCALE COMMISSIONING PROGRAM FOR EARLY-CAREER NYC-BASED ARTISTS. OVER THE SUMMER, EIGHT ARTISTS AND COLLECTIVES PARTICIPATING IN THE SHED'S OPEN CALL COMMISSIONING PROGRAM PRESENTED THE WORK THAT THEY HAD DEVELOPED WITH SUPPORT FROM THE SHED. EACH PERFORMED TWO TO THREE TIMES ACROSS A TWO-MONTH PERIOD, IN EITHER THE GRIFFIN THEATER OR THE 4TH-FLOOR OVERLOOK SPACE. *SUMMER SWAY (JULY 15 - AUGUST 27): ON SELECT FRIDAY AND SATURDAY SUMMER EVENINGS, THE SHED'S OUTDOOR PUBLIC PLAZA CAME ALIVE IN CELEBRATION OF BLACK SOCIAL DANCE AND THE BEAUTY, HEALING POWER, JOY, AND LIBERATION THAT ITS WIDE RANGE OF TRADITIONS HAVE GIVEN US. FROM 5PM TO SUNSET ON FRIDAYS, SOME OF NEW YORK'S HOTTEST DJ'S -- INCLUDING BEMBONA, DJ STORMIN' NORMAN'S SUNDAE SERMON, DJ APRIL HUNT, SOUL SUMMIT MUSIC, AND DJ RICH MEDINA, AMONG OTHERS -- LURED A DIVERSE GROUP OF SHED MEMBERS, LOCAL COMMUNITY RESIDENTS, HUDSON YARDS EMPLOYEES, TOURISTS, AND PASSERSBY ON TO THE DANCE FLOOR. AND ON SATURDAYS, SOME OF THE MOST RENOWNED CHOREOGRAPHERS AND DANCE COMPANIES IN TOWN LED DANCE WORKSHOPS ON STYLES LIKE HOUSE, HIP HOP, BOMBA, BRUK UP, THE PHILLY BOP, THE HUSTLE, AND MORE. WE WERE PROUD TO HAVE RENNIE HARRIS PUREMOVEMENT, REGGIE "REGG ROC" GRAY AND THE D.R.E.A.M. RING, CAMILLE A. BROWN & DANCERS' EVERY BODY MOVE AND DJ RUN P., AND LADIES OF HIP-HOP DANCE COLLECTIVE LEADING WORKSHOPS. AS A FREE, OUTDOOR PROGRAM, IT WAS DIFFICULT TO MEASURE THE SUMMER SWAY AUDIENCE, BUT WITH THE DANCE FLOOR PACKED SHOULDER TO SHOULDER, WE CAN SAFELY SAY THE SERIES WAS A SUCCESS AND HOPE TO REMOUNT IT IN 2023. *TO FEEL A THING: A RITUAL FOR EMERGENCE (DECEMBER 10): THIS MUSICAL RITUAL IS CREATED BY AWARD-WINNING AUTHOR AND CREATOR ADRIENNE MAREE BROWN, RESIDENT ARTIST OF THE FIRE ENSEMBLE, THE COMMUNITY CHOIR LED BY OPEN CALL ALUMNI TROY ANTHONY AND INCUBATED BY THE SHED. DIRECTED BY CHARLOTTE BRATHWAITE AND FEATURING ORIGINAL MUSIC AND TEXT FROM BROWN, THIS NEW WORK ACKNOWLEDGES THE SPIRIT INSIDE EACH OF US THAT IS A WILD CREATURE OF EARTH, ALONG WITH THE FEELINGS THAT LEAD US TO ADAPT FOR SURVIVAL AND TO COME TOGETHER TO CARE FOR OUR COMMUNITIES. TOGETHER WITH BROWN, AND ACCOMPANIED BY A GOSPEL BAND, THE PIECE WAS BROUGHT TO LIFE BY THE FIRE ENSEMBLE IN A STRIPPED-DOWN WORKSHOP PRESENTATION CO-PRODUCED BY THE SHED, THE FIRE ENSEMBLE, AND OREGON SHAKESPEARE FESTIVAL. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION IN OUR HIGHLY ADAPTABLE BUILDING ON MANHATTAN'S WEST SIDE, THE SHED BRINGS TOGETHER ESTABLISHED AND EMERGING ARTISTS TO CREATE NEW WORK IN FIELDS RANGING FROM POP TO CLASSICAL MUSIC, PAINTING TO DIGITAL MEDIA, THEATER TO LITERATURE, AND SCULPTURE TO DANCE. WE SEEK OPPORTUNITIES TO COLLABORATE WITH CULTURAL PEERS AND COMMUNITY ORGANIZATIONS, WORK WITH LIKE-MINDED PARTNERS, AND PROVIDE UNIQUE SPACES FOR PRIVATE EVENTS. THE SHED WAS DESIGNED TO BREAK WITH THE TRADITIONS THAT SEPARATE ART FORMS AND AUDIENCES. BY MINIMIZING SOCIAL AND ECONOMIC BARRIERS TO ENTRY, WE OFFER A WARM, WELCOMING SPACE FOR INNOVATION AND DIALOGUE. EMBRACING TECHNOLOGY, WE WORK WITH CREATIVE THINKERS AND PARTNERS TO CREATE TRANSFORMATIONAL DIGITAL EXPERIENCES ON-SITE AND ONLINE. USING OUR FLEXIBLE INFRASTRUCTURE AND OPERATIONAL CAPABILITIES, WE CAN PRODUCE PERFORMANCES, EXHIBITIONS, EVENTS, AND GATHERINGS OF ALMOST ANY TYPE IN EXPANSIVE, MULTI-USE VENUES THAT ALLOW FOR SOCIAL DISTANCING. DRIVEN BY OUR BELIEF THAT ACCESS TO NEW ART AND IDEAS IS A RIGHT, NOT A PRIVILEGE, WE PRESENT ENGAGING EXPERIENCES AND FORGE DEEP BONDS BETWEEN OUR ARTISTS AND AUDIENCES. AS AN INDEPENDENT NONPROFIT THAT VALUES INVENTION, EQUITY, AND GENEROSITY, WE ARE COMMITTED TO ADVANCING ART FORMS, ADDRESSING THE URGENT ISSUES OF OUR TIME, AND MAKING OUR WORK IMPACTFUL, SUSTAINABLE, AND RELEVANT TO THE LOCAL COMMUNITY, THE CULTURAL SECTOR, NEW YORK CITY, AND BEYOND. FORM 990, PART IV AND XII AUDITED FINANCIAL STATEMENTS AT THE TIME OF FILING FORM 990, THE SHED'S AUDITED FINANCIAL STATEMENTS HAVE NOT YET BEEN ISSUED. THE ORGANIZATION'S FINANCIAL STATEMENT AUDIT FOR THE YEAR ENDED DECEMBER 31, 2022 IS UNDERWAY, AND NO SUBSTANTIAL CHANGES ARE EXPECTED THAT WOULD AFFECT THE 2022 FORM 990. FORM 990, PART VI, SECTION A, LINE 2 RELATIONSHIPS BETWEEN BOARD MEMBERS KEN WONG IS COO/DIRECTOR OF INTERNATIONAL DEVELOPMENT FOR RELATED COMPANIES. DEAN SHAPIRO IS SVP INVESTMENTS/HEAD OF US DEVELOPMENT FOR OXFORD PROPERTIES GROUP. RELATED AND OXFORD ARE GENERAL PARTNERS IN THE HUDSON YARDS DEVELOPMENT. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF FORM 990 FORM 990, WITH A REDACTED COPY OF SCHEDULE B, IS PROVIDED TO THE ENTIRE BOARD OF DIRECTORS OF THE ORGANIZATION FOR REVIEW BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY REVIEW IMMEDIATELY UPON ELECTION TO THE BOARD, ALL DIRECTORS SHALL DISCLOSE ANY RELEVANT INTEREST WHICH MAY POSE CONFLICT OF INTEREST QUESTIONS, DISCLOSURE SHALL INCLUDE ANY INTEREST, FINANCIAL OR OTHERWISE, IN ANY CORPORATION, ORGANIZATION, OR PARTNERSHIP WHICH PROVIDES PROFESSIONAL OR OTHER SERVICES TO THE CORPORATION. WHEN ANY MATTER COMES BEFORE THE BOARD OR ANY COMMITTEE OF THE BOARD IN WHICH A DIRECTOR HAS AN INTEREST, THE DIRECTOR WHO HAS AN INTEREST SHALL PROMPTLY AND FULLY DISCLOSE HIS OR HER INTEREST TO THE BOARD OR COMMITTEE PRIOR TO ITS ACTING ON THE MATTER. SUCH DISCLOSURE SHALL INCLUDE ANY RELEVANT AND MATERIAL FACTS KNOWN TO SUCH PERSON ABOUT THE CONTRACT OR TRANSACTION THAT MIGHT REASONABLY BE CONSTRUED TO BE ADVERSE TO THE CORPORATION. BOARD MEMBERS ARE REQUIRED, ANNUALLY, TO SIGN AN AFFIDAVIT TO DISCLOSE WHETHER OR NOT A CONFLICT EXISTS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION REVIEW COMPENSATION FOR THE ARTISTIC DIRECTOR & CEO AND THE PRESIDENT & COO ARE REVIEWED AND DETERMINED ANNUALLY BY THE SHED'S INDEPENDENT BOARD OF DIRECTORS. THE MOST RECENT REVIEW FOR THE ARTISTIC DIRECTOR AND CEO OCCURED IN JANUARY 2023. COMPENSATION FOR OTHER SENIOR MANAGEMENT POSITIONS BELOW THE EXECUTIVE LEVEL ARE REVIEWED AND DETERMINED BY THE CEO AND PRESIDENT. COMPENSATION REVIEW INCLUDES INPUT FROM INDEPENDENT SOURCES AND COMPARATIVE DATA FROM SIMILARLY SITUATED ORGANIZATIONS. THE APPROVAL PROCESS IS CONTEMPORANEOUSLY DOCUMENTED IN THE BOARD MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS TO THE PUBLIC THE ORGANIZATION MAKES ITS CERTIFICATE OF INCORPORATION, BYLAWS, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. REQUESTS FOR REVIEWING THE ORGANIZATION'S DOCUMENTS SHOULD BE ADDRESSED TO THE ORGANIZATION IN CARE OF PETER GEE AS NOTED IN PART VI, SECTION C, LINE 20. CULTURE SHED LESSEE LLC 545 WEST 30TH STREET NEW YORK NY 10001 900884353 LEASING ORG DE SHED NYC INC