2025-10-13T07:38:58-05:00 2024-12-31 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2024-01-01 226799567 RUBIN MUSEUM OF ART AKA THE SHELLEY & DONALD RUBIN CULTURAL TRUST RUBI 2126205000 140 WEST 17TH STREET NEW YORK NY 10011 JAMIE LAWYER DEPUTY EXECUTIVE DIRECTOR 2126205000 2025-10-07 1 0 CHRIS BELLANDO P00541714 2126972299 2024 2025-03-06 01:10:19Z X JORRIT BRITSCHGI 140 WEST 17TH STREET NEW YORK NY 10011 27637699 0 X WWW.RUBINMUSEUM.ORG X 1999 NY THE RUBIN MUSEUM OF ART IS A DYNAMIC ENVIRONMENT THAT STIMULATES LEARNING, PROMOTES UNDERSTANDING, AND INSPIRES PERSONAL CONNECTIONS TO THE IDEAS, CULTURES, AND ART OF HIMALAYAN ASIA. 15 15 67 55 0 0 2998046 1858650 583002 681143 6954832 11718828 1159181 1298936 11695061 15557557 0 229000 0 0 6221937 7311982 42000 83000 1158996 8732427 9813434 14996364 17437416 -3301303 -1879859 194212082 203085631 2161846 4478513 192050236 198607118 X THE RUBIN MUSEUM OF ART IN CHELSEA, NEW YORK CITY, EXPLORES AND CELEBRATES HIMALAYAN ART, CULTURES, AND IDEAS ACROSS HISTORY AND INTO THE PRESENT. WITH ITS GLOBALLY RENOWNED COLLECTION, CENTERED LARGELY AROUND ART FROM THE TIBETAN PLATEAU, THE RUBIN FOSTERS UNDERSTANDING AND APPRECIATION OF HIMALAYAN ART BY INTERPRETING AND RELATING IT TO OUR SHARED HUMAN EXPERIENCE TODAY. INSPIRED BY THE TENETS OF BUDDHISM, HINDUISM, AND INDIGENOUS RELIGIONS, AND ALIGNED WITH ONGOING RESEARCH INTO LEARNING, BEHAVIOR, AND THE BRAIN, THE RUBIN OFFERS INNOVATIVE EXHIBITIONS AND PROGRAMS THAT EXAMINE PROVOCATIVE IDEAS ACROSS THE ARTS AND EXPLORE THE MIND. THROUGH THIS WORK, THE MUSEUM SERVES AS A SPACE FOR REFLECTION AND PERSONAL TRANSFORMATION, OPENING WINDOWS TO INNER WORLDS SO VISITORS CAN BETTER NAVIGATE OUTER ONES. 0 0 6525037 558827 COLLECTIONS AND EXHIBITIONS:IN 2024, IN ADDITION TO THE PERMANENT EXHIBITIONS, VISITORS ENCOUNTERED THE SPECIAL EXHIBITION REIMAGINE: HIMALAYAN ART NOW, WHICH PRESENTED THE WORK OF THIRTY-TWO CONTEMPORARY ARTISTS FROM THE HIMALAYAS, ASIA, AND DIASPORA IN DIALOGUE WITH OBJECTS FROM THE RUBIN'S COLLECTION. IN OCTOBER, THE EXHIBITION TRAVELED TO WRIGHTWOOD 659 IN CHICAGO WHERE IT INTRODUCED EVEN MORE PEOPLE TO NEW WAYS OF UNDERSTANDING HIMALAYAN ART. THE RUBIN CONTINUED THE NATIONAL TOUR OF THE COLLECTION EXHIBITION GATEWAY TO HIMALAYAN ART, STOPPING AT THE UNIVERSITY OF FLORIDA AND THE OTTERBEIN UNIVERSITY IN OHIO, AND THE EUROPEAN TOUR OF THE MANDALA LAB INSTALLATION, WHICH TRAVELED TO MILAN AS PART OF A PARTNERSHIP WITH THE BIBLIOTECA DEGLI ALBERI MILANO. 2270292 229000 89963 PUBLIC PROGRAMS AND VISITOR ENGAGEMENT:THE RUBIN'S PUBLIC PROGRAMS OFFER DIVERSE AUDIENCES MEANINGFUL WAYS TO ENGAGE WITH THE ART AND CULTURES OF THE HIMALAYAS. IN 2024, ADULT WORKSHOPS AND TALKS CENTERED ON THE UNIFYING THEME OF REFRAME, INSPIRED BY THE BUDDHIST CONCEPT OF NON-ATTACHMENT, SPARKING CONVERSATIONS ON HOW RELEASING ATTACHMENTS CAN CREATE SPACE FOR NEW WAYS OF SEEING, THINKING, AND BEING. HIMALAYAN HERITAGE PROGRAMS PROVIDED INSIGHTS INTO THE ART, CULTURES, AND SACRED TRADITIONS OF THE HIMALAYAN REGION, AND WEEKLY MINDFULNESS MEDITATION SESSIONS INVITED PARTICIPANTS TO FIND STILLNESS, INSPIRED BY AN ARTWORK FROM THE RUBIN'S COLLECTION. WE SERVED VISITORS WITH ALZHEIMER'S AND DEMENTIA AND THEIR CARE PARTNERS, AS WELL AS CLOSE TO 4,000 SCHOOL AGE CHILDREN AND ACCOMPANYING ADULTS, OFFERING THEM CUSTOM OFFERINGS INFORMED BY MINDFULNESS AND HIMALAYAN ART AND CULTURES. WE WORKED WITH 225 LOW-INCOME STUDENTS IN SCHOOLS AS PART OF OUR MATH AND MANDALAS PROGRAM, AND EDUCATORS FOR PROFESSIONAL DEVELOPMENT WORKSHOPS, PROVIDING THEM WITH AN ENTRE TO THE RUBIN'S MANDALA LAB CURRICULUM. EXPANDING OUR GLOBAL INITIATIVES, WE LAUNCHED A GRANT PROGRAM AND THE RUBIN MUSEUM HIMALAYAN ART PRIZE WITH THE AIM OF SUPPORTING THE WORK OF ARTISTS AND RESEARCHERS INSPIRED BY HIMALAYAN ARTISTIC AND CULTURAL PRACTICES. 1745083 PUBLIC RELATIONS AND MARKETING (DIGITAL AND ANALOG SHARING):IN 2024, THE RUBIN REACHED A GROWING AND CONNECTED GLOBAL AUDIENCE THROUGH OUR DIGITAL INITIATIVES. WE LAUNCHED A PARTNERSHIP WITH SMARTHISTORY, THE MOST-VISITED ART HISTORY RESOURCE IN THE WORLD, TO CREATE ACCESSIBLE VIDEOS ABOUT OBJECTS IN OUR COLLECTION; PUBLISHED VIDEOS THAT INTRODUCED AUDIENCES TO CONTEMPORARY HIMALAYAN ARTISTS; RECEIVED 376,500 DOWNLOADS OF OUR AWAKEN AND MINDFULNESS MEDITATION PODCASTS AROUND THE WORLD; AND PUBLISHED THE EIGHTH EDITION OF SPIRAL, OUR FREE ANNUAL PRINT AND ONLINE MAGAZINE. THE RUBIN'S IMPACT EXTENDED THROUGH VARIOUS DIGITAL PLATFORMS WITH CLOSE TO 300,000 FOLLOWERS, AND A DIGITAL REACH OF MORE THAN 8 MILLION. 1152720 226295 PUBLICATIONS, AND SHOP, OTHER MISC. 1152720 226295 11693132 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 0 1 1 1 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 145 0 1 67 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 1 1 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X FINANCE DEPARTMENT 2126205000 140 WEST 17TH STREET NEW YORK NY 10011 SHELLEY RUBIN CHAIR 3.00 X X 0 0 0 NOAH P DORSKY BOARD PRESIDENT 3.00 X X 0 0 0 JORRIT BRITSCHGI SECRETARY/EXEC. DIRECTOR 40.00 X 0 0 0 ROBERT M BAYLIS TRUSTEE 3.00 X 0 0 0 CHRISTOPHER J FUSSNER TRUSTEE 1.00 X 0 0 0 SCOTT GRINSELL TRUSTEE 1.00 X 0 0 0 ANG TSHERING LAMA TRUSTEE 1.00 X 0 0 0 SAMPHE LHALUNGPA TRUSTEE 1.00 X 0 0 0 MICHAEL MCCORMICK TRUSTEE 1.00 X 0 0 0 BASHA FROST RUBIN TRUSTEE 1.00 X 0 0 0 NAMITA SARAF TRUSTEE 1.00 X 0 0 0 ERIC SCHOENBERG TRUSTEE 1.00 X 0 0 0 EILEEN CAULFIELD SCHWAB TRUSTEE 1.00 X 0 0 0 TSHERIN SHERPA TRUSTEE 1.00 X 0 0 0 JESSE SMITH TRUSTEE 1.00 X 0 0 0 TONG-TONG ZHU TRUSTEE 1.00 X 0 0 0 MARIE HELENE CHRISTODOULOU CHIEF FINANCIAL & OPERATING OFFICER 40.00 X 306552 0 81005 TIMOTHY MCHENRY CHIEF PROGRAMMATIC OFFICER 40.00 X 264284 0 70387 MICHELLE BENNETT SIMORELLA DIRECTOR OF CURATORIAL ADMIN & COLLECTIONS 40.00 X 192319 0 55574 DONA LEE KELLY DIRECTOR OF DEVELOPMENT 40.00 X 190353 0 51739 JAMIE LAWYER DIRECTOR OF EXPERIENCE & INTERPRETATION 40.00 X 175127 0 40262 ELKE DEHNER DIRETOR OF MARKETING & COMMUNICATIONS 40.00 X 174323 0 20158 HAZEL P KING HEAD OF HUMAN RESOURCES 40.00 X 133810 0 10570 1436768 0 329695 16 0 1 0 ALLIED UNIVERSAL SECURITY SERVICES PO BOX 828854 PHILADELPHIA PA 19182 CONTRACT SECURITY SERVICES 570214 NEW PROJECT LLC 223 25TH STREET BROOKLYN NY 11232 FABRICATION, INSTALLATION/DE-INSTALLATIO 459817 VAJRADHATU GMBH OBERE PLESSURSTRASSE 25 7000 CHUR SZ EXECUTIVE DIRECTOR CONSULTANT 448000 UOVO LLC 41-54 22ND STREET LONG ISLAND CITY NY 11101 ART STORAGE 424573 US ART 78 PACELLA PARK DRIVE RANDOLPH MA 02368 ART SHIPPING 345238 15 76464 239677 166225 1376284 52108 1858650 MUSEUM ADMISSION FEES 713990 380830 380830 PROGRAM FEES 713990 300313 300313 681143 4982608 4982608 2113173 1008179 1104994 1104994 1104994 17288326 10552106 6736220 6736220 6736220 71106 239677 71106 0 499800 448751 51049 51049 MISCELLANEOUS REVENUE 900099 142893 142893 142893 15557557 875085 0 12823822 X 25000 25000 62500 62500 141500 141500 649083 296547 352536 5153965 3063591 1564470 525904 87988 52833 25404 9751 969342 575025 299750 94567 451604 262521 147597 41486 63319 63319 83000 83000 211044 211044 3852230 2924255 861361 66614 252908 243007 3618 6283 1303662 922842 357288 23532 808652 540788 208752 59112 170179 119961 44754 5464 96640 53432 39266 3942 1842165 1405025 261199 175941 180777 149016 21570 10191 PROGRAM & SUPPORTING SE 890562 808740 47249 34573 PUBLICATIONS, SUBSCRIPT 126296 46549 61111 18636 BAD DEBT 15000 15000 17437416 11693132 4585288 1158996 522561 468800 323722 261806 2134374 1035382 59066 129376 789568 430763 456531 338489 66003550 39250619 28580606 26752931 160879448 171204849 10878 8775 455328 2454460 194212082 203085631 1629430 1871161 53500 74950 14575 457466 2539277 2161846 4478513 X 155675481 161105885 36374755 37501233 192050236 198607118 194212082 203085631 X -1879859 8697402 -260661 X 0 1 X 1 0 X 3214235 3398875 2440825 2988046 1858650 13900631 3214235 3398875 2440825 2988046 1858650 13900631 297920 13602711 4039193 5376489 4538812 4550378 4982608 23487480 71121 57003 43223 31310 142893 345550 37733661 2809368 0.36050 0.36250 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 158365060 20232448 10500000 168097508 137265216 26099844 5000000 158365060 172681400 -30416184 5000000 137265216 162467343 23214057 13000000 172681400 146085283 24382060 8000000 162467343 0.78233 0.14873 0.06894 0 0 378750 3595496 3974246 2146250 18751364 13701572 7196042 2084786 35049065 21817231 15316620 2771618 2507534 264084 52861 1173360 1224282 1939 26752931 TENANT SECURITY DEPOSITS 199801 OPERATING LEASE LIABILITY 2339476 2539277 25335344 8697402 -165500 8531902 16803442 211044 -1456929 -1245885 15557557 18683301 1456929 1456929 17226372 211044 211044 17437416 PART III, LINE 1A: THE VALUE OF THE COLLECTION, WHICH WAS ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE MUSEUM'S INCEPTION, IS NOT REFLECTED AS AN ASSET ON THE STATEMENTS OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE YEAR OF ACQUISITION. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENTS OF ACTIVITIES. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES WOULD BE REFLECTED ON THE STATEMENTS OF ACTIVITIES BASED ON THE ABSENCE OR EXISTENCE AND NATURE OF DONOR-IMPOSED RESTRICTIONS. FUNDS RECEIVED FROM THE DISPOSAL OF A DEACCESSIONED WORK SHALL NOT BE USED FOR OPERATING EXPENSES OR CAPITAL EXPENSES. SUCH FUNDS, INCLUDING ANY EARNINGS AND APPRECIATION THEREON, MAY BE USED ONLY FOR THE ACQUISITION OF WORKS IN A MANNER CONSISTENT WITH THIS COLLECTION MANAGEMENT POLICY ON RESTRICTED ACQUISITION FUNDS. THE COLLECTION IS HELD FOR PUBLIC SERVICE RATHER THAN FINANCIAL GAIN, PROTECTED AND PRESERVED, AND SUBJECT TO AN ORGANIZATIONAL POLICY THAT REQUIRES THE PROCEEDS FROM SALES OF SUCH ITEMS TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. PART III, LINE 4: THE MUSEUM'S COLLECTION OF MORE THAN 3,300 OBJECTS IS CONSIDERED TO BE THE MOST EXTENSIVE OF ITS KIND IN THE WEST. IT INCLUDES HIMALAYAN PAINTINGS, SCULPTURE, RITUAL OBJECTS, AND PRINTS SPANNING THE PERIOD FROM THE 2ND CENTURY TO THE 21ST CENTURY. THE COLLECTION IS THE BASIS OF THE MUSEUM'S EXHIBITIONS, EDUCATION AND PUBLIC PROGRAMS WHICH ARE VIEWED AND ENJOYED BY APPROXIMATELY 200,000 PEOPLE PER YEAR. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -448,750. EXPENSES - RESIDENTIAL APARTMENTS -1,008,179. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 448,750. EXPENSES - RESIDENTIAL APARTMENTS 1,008,179. 1 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 1 CONTRACTUAL EXECUTIVE DIRECTOR SERVICES 465440 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 5 PROGRAM SERVICES MANDALA LAB EXHIBITION (MILAN, ITALY) 793376 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 2 PROGRAM SERVICES RESEARCH AND MEETINGS RELATED TO PONTENTIAL/FUTURE MANDALA LAB SITES 5142 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 1 SEMINARS/CONFERENCES ISCR CONFERENCE (ITALY) 5786 0 9 0 0 0 9 1269744 0 1269744 GRANT FOR THE COST OF TRAVEL, LODGING, PRODUCTION, EXHIBITION 15000 WIRE 0 FMV GRANT FOR THE COST OF EQUIPMENT, RESEARCH, PRODUCTION, EXHIBITION 7500 WIRE 0 FMV 2 ART PRIZE (TENZIN GYURMEY DORJEE) SOUTH ASIA 1 30000 WIRE FMV RUBIN X ART GRANTS SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 4 42000 WIRE FMV RUBIN X RESEARCH GRANTS SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 4 47000 WIRE FMV 0 0 0 0 0 0 PART I, LINE 2: EACH GRANT PROPOSAL IS SUBMITTED WITH DETAILED BUDGETS AND PROJECT TIMELINES. BEFORE DISBURSING GRANTS, THE RUBIN REQUIRED GRANTEES TO AGREE TO TERMS AND CONDITIONS AND CONFIRM THERE WERE NO SUBSTANTIAL CHANGES TO THE PROJECT SINCE THE APPLICATION AND PRE-AWARD NOTIFICATION. THE GRANT RECIPIENT FURTHERMORE MUST CONFIRM THAT ANY MAJOR CHANGE IN THE SCOPE AND/OR TIMELINE OF THE PROJECT WOULD BE PROACTIVELY COMMUNICATED TO THE RUBIN WITHOUT DELAY. THE TERMS AND CONDITIONS STIPULATE THAT THE RUBIN EXPECTS THE GRANTEE TO SPEND GRANT FUNDS IN ACCORDANCE WITH THE BUDGET THEY SUBMITTED. ANY MAJOR CHANGES MUST BE DISCUSSED WITH THE RUBIN IN ADVANCE. THE GRANT RECIPIENT IS RESPONSIBLE FOR SUPERVISING THE EXPENDITURE OF THE GRANT FUNDS AND TO ENSURE THAT THE FUNDS ARE UTILIZED SOLELY FOR THE PURPOSE FOR WHICH THE GRANT WAS AWARDED. EACH GRANTEE IS REQUIRED TO SUBMIT A FINAL REPORT. GRANTEES WHOSE AWARD WAS PAID IN TWO INSTALLMENTS WERE REQUIRED TO SUBMIT AN INTERIM REPORT PRIOR TO DISBURSEMENT OF THE SECOND INSTALLMENT. X X X X X X X 1 DEVELOPMENT GUILDDDI INC ONE BOSTON PLACE 2600 BOSTON MA 02108 FUNDRAISING COUNSEL 0 0 38000 0 DAVID BOWEN & COMPANY LLC 145 PALISADE STREET SUITE 221 DOBBS FERRY NY 10522 FUNDRAISING COUNSEL FOR GALA 0 0 35000 0 BETHANY WALL 237 THIRD STREET 3L JERSEY CITY NY 07302 GRANT WRITER 0 0 10000 0 83000 GALA 310783 239677 71106 71106 310783 239677 71106 71106 71106 0 1 STUDIO NYANDAK ARCHITECTURE AND ENGINEERING PLLC 108 EAST 16TH STREET 6TH FLOOR NEW YORK NY 10003 882115509 15000 0 GRANT FOR THE COST OF TRAVEL, RESEARCH, EXHIBITION TIBET HOUSE US INC 22 WEST 15TH STREET NEW YORK NY 10011 133438221 501(C)(3) 10000 0 GRANT FOR THE COST OF TRAVEL, RESEARCH, EXHIBITION RUBIN X ART GRANTS 2 42000 FMV RUBIN X RESEARCH GRANTS 3 20500 FMV PART I, LINE 2: EACH GRANT PROPOSAL IS SUBMITTED WITH DETAILED BUDGETS AND PROJECT TIMELINES. BEFORE DISBURSING GRANTS, THE RUBIN REQUIRED GRANTEES TO AGREE TO TERMS AND CONDITIONS AND CONFIRM THERE WERE NO SUBSTANTIAL CHANGES TO THE PROJECT SINCE THE APPLICATION AND PRE-AWARD NOTIFICATION. THE GRANT RECIPIENT FURTHERMORE MUST CONFIRM THAT ANY MAJOR CHANGE IN THE SCOPE AND/OR TIMELINE OF THE PROJECT WOULD BE PROACTIVELY COMMUNICATED TO THE RUBIN WITHOUT DELAY. THE TERMS AND CONDITIONS STIPULATE THAT THE RUBIN EXPECTS THE GRANTEE TO SPEND GRANT FUNDS IN ACCORDANCE WITH THE BUDGET THEY SUBMITTED. ANY MAJOR CHANGES MUST BE DISCUSSED WITH THE RUBIN IN ADVANCE. THE GRANT RECIPIENT IS RESPONSIBLE FOR SUPERVISING THE EXPENDITURE OF THE GRANT FUNDS AND TO ENSURE THAT THE FUNDS ARE UTILIZED SOLELY FOR THE PURPOSE FOR WHICH THE GRANT WAS AWARDED. EACH GRANTEE IS REQUIRED TO SUBMIT A FINAL REPORT. GRANTEES WHOSE AWARD WAS PAID IN TWO INSTALLMENTS WERE REQUIRED TO SUBMIT AN INTERIM REPORT PRIOR TO DISBURSEMENT OF THE SECOND INSTALLMENT. X X 0 0 0 0 0 0 0 0 0 MARIE HELENE CHRISTODOULOU CHIEF FINANCIAL & OPERATING OFFICER 275268 0 25500 0 5784 0 35789 0 45216 0 387557 0 25500 0 TIMOTHY MCHENRY CHIEF PROGRAMMATIC OFFICER 238183 0 23000 0 3101 0 31873 0 38514 0 334671 0 23000 0 MICHELLE BENNETT SIMORELLA DIRECTOR OF CURATORIAL ADMIN & COLLE 175449 0 16500 0 370 0 23940 0 31634 0 247893 0 16500 0 DONA LEE KELLY DIRECTOR OF DEVELOPMENT 171201 0 16000 0 3152 0 22213 0 29526 0 242092 0 16000 0 JAMIE LAWYER DIRECTOR OF EXPERIENCE & INTERPRETAT 160002 0 15000 0 125 0 21310 0 18952 0 215389 0 15000 0 ELKE DEHNER DIRETOR OF MARKETING & COMMUNICATION 148845 0 15500 0 9978 0 5637 0 14521 0 194481 0 15500 0 VAJRADHATU GMBH COMPANY OF EXECUTIVE MANAGEMENT CONSULTANT 448000 EXECUTIVE MANAGEMENT CONSULTANT 0 X 85 X 1 52108 FMV 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 1A THE BOARD DELEGATES AUTHORITY TO ACT ON ITS BEHALF BETWEEN MEETINGS OF THE BOARD OF TRUSTEES TO A 6 MEMBER EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE MAY EXERCISE ALL THE POWERS OF THE TRUSTEES EXCEPT IT MAY NOT AUTHORIZE ANY ACTION WHICH REQUIRES THE VOTE OF AT LEAST TWO-THIRD OF THE TRUSTEES UNDER THE RUBIN MUSEUM OF ART'S GOVERNING DOCUMENT. ALL 6 MEMBERS OF THE EXECUTIVE COMMITTEE ARE MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 2 DONALD RUBIN, SHELLEY RUBIN AND BASHA RUBIN HAVE A FAMILY RELATIONSHIP. BASHA RUBIN AND SCOTT GRINSELL HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 3 THE MUSUEM HAS CONTRACTED WITH THE COMPANY OF THE JORRIT BRITSCHGI TO ACT AS ITS EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION A, LINE 7A THE FOUNDER SHELLEY RUBIN, HAS THE RIGHT TO APPOINT UP TO TWO TRUSTEES TO THE BOARD PROVIDED SUCH TRUSTEES ARE FAMILY MEMBERS OF HER FAMILY. TO-DATE, SHELLEY RUBIN HAS APPOINTED BASHA RUBIN AS A TRUSTEE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY THE RUBIN MUSEUM OF ART'S AUDITORS, REVIEWED BY THE DEPUTY EXECUTIVE DIRECTOR/CFO & COO AND EMAILED TO THE FULL BOARD OF TRUSTEES AT LEAST 3 WEEKS PRIOR TO THE DUE DATE, LEAVING 3 WEEKS FOR TRUSTEES' QUESTIONS OR COMMENTS. IT IS THEN FILED BY THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 12C THE RUBIN MUSEUM OF ART'S "CODE OF ETHICS FOR TRUSTEES, EMPLOYEES AND VOLUNTEERS" IS AGREED AND ACCEPTED IN WRITING BY ALL SUCH INDIVIDUALS WHEN THEY JOIN THE ORGANIZATION IN THEIR RESPECTIVE CAPACITIES. IN ACCORDANCE WITH THE PROVISIONS OF THIS POLICY, EACH TRUSTEE AND EMPLOYEE WITH MANAGERIAL RESPONSIBILITIES IS FURNISHED WITH A COPY OF THIS CODE OF ETHICS AT LEAST ANNUALLY AND REQUESTED TO COMPLETE AND FILE WITH THE ORGANIZATION AN "ANNUAL CONFLICT OF INTEREST STATEMENT". THE DEPUTY EXECUTIVE DIRECTOR REVIEWS ALL SUCH STATEMENTS AND, IF THERE IS A POTENTIAL OR ACTUAL CONFLICT OF INTEREST, THE DEPUTY EXECUTIVE DIRECTOR BRINGS IT TO THE ATTENTION OF THE EXECUTIVE DIRECTOR AND THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS USED TO ESTABLISH COMPENSATION FOR TOP MANAGEMENT AND KEY EMPLOYEES INCLUDES REVIEW OF COMPENSATION FOR SIMILAR POSITIONS AT COMPARABLE MUSEUMS AND CHARITIES IN THE NEW YORK METROPOLITAN AREA; THE CPI FOR NYC; PERFORMANCE EVALUATIONS; AND RELATIVE PARITY WITHIN THE ORGANIZATION. THIS INFORMATION WAS PRESENTED TO THE EXECUTIVE DIRECTOR BY THE DEPUTY EXECUTIVE DIRECTOR, CFO & COO FOR THE YEAR ENDED 12/31/2024. THE COMPENSATION FOR ALL EMPLOYEES WAS THEN APPROVED BY THE EXECUTIVE DIRECTOR AND THE EXECUTIVE COMMITTEE OF THE BOARD. THIS PROCESS WAS LAST UNDERTAKEN FOR EXECUTIVE MANAGEMENT TEAM (OFFICERS AND KEY EMPLOYEES) IN DECEMBER 2024. FORM 990, PART VI, SECTION C, LINE 19 THE RUBIN MUSEUM OF ART'S FINANCIAL STATEMENTS ARE MADE PUBLIC IN ITS ANNUAL REPORT WHICH IS ALSO POSTED ON ITS WEBSITE. ITS TAX RETURN IS PUBLIC INFORMATION ON GUIDESTAR AND OTHER ORGANIZATIONS THAT MONITOR NOT-FOR-PROFITS. FORM 990, PART IX, LINE 11G CONTRACT LABOR: PROGRAM SERVICE EXPENSES 1,909,478. MANAGEMENT AND GENERAL EXPENSES 393,848. FUNDRAISING EXPENSES 58,614. TOTAL EXPENSES 2,361,940. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 1,014,777. MANAGEMENT AND GENERAL EXPENSES 467,513. FUNDRAISING EXPENSES 8,000. TOTAL EXPENSES 1,490,290. FORM 990, PART XI, LINE 9: CANCELLATION OF GRANT -165,500. COLLECTION ITEMS PURCHASED -95,161.