Form990
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Department of the Treasury
Internal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
MediumBullet Do not enter Social Security numbers on this form as it may be made public. By law, the IRS
generally cannot redact the information on the form.
MediumBullet Information about Form 990 and its instructions is at www.IRS.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
A For the 2013 calendar year, or tax year beginning 07-01-2013 , 2013, and ending 06-30-2014
BCheck if applicable:
CName of organization
THE INSTITUTE OF CONTEMPORARY ART INC
 
Doing Business As
ICABOSTON
 
Number and street (or P.O. box if mail is not delivered to street address)
100 NORTHERN AVENUE
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BOSTON, MA02210
D Employer identification number

04-2104327
E Telephone number

G Gross receipts $ 21,454,337
F Name and address of principal officer:
JILL MEDVEDOW
100 NORTHERN AVENUE
BOSTON,MA02210
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
WWW.ICABOSTON.ORG
H(a)
Is this a group return for
subordinates?
H(b)
Are all subordinates
included?
If "No," attach a list. (see instructions)
H(c)
Group exemption number MediumBullet  
K Form of organization:
 
L Year of formation: 1936
M State of legal domicile: MA
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: SEE SCHEDULE O FOR DESCRIPTION.THE MISSION OF THE INSTITUTE OF CONTEMPORARY ART IS TO SHARE THE PLEASURES OF REFLECTION, INSPIRATION, PROVOCATION, AND IMAGINATION THAT CONTEMPORARY ART OFFERS THROUGH PUBLIC ACCESS TO ART, ARTISTS, AND THE CREATIVE PROCESS.
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 32
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 31
5 Total number of individuals employed in calendar year 2013 (Part V, line 2a) ...... 5 229
6 Total number of volunteers (estimate if necessary) ............. 6 101
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a 3,281
b Net unrelated business taxable income from Form 990-T, line 34 ......... 7b 0
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 11,064,748 16,473,594
9 Program service revenue (Part VIII, line 2g) ......... 2,053,851 1,827,863
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 203,023 352,193
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 161,672 85,412
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)................... 13,483,294 18,739,062
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 0 0
14 Benefits paid to or for members (Part IX, column (A), line 4)..... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 5,215,263 5,707,522
16a Professional fundraising fees (Part IX, column (A), line 11e)..... 0 45,121
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet935,371    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 6,130,827 6,158,705
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 11,346,090 11,911,348
19 Revenue less expenses. Subtract line 18 from line 12....... 2,137,204 6,827,714
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 80,518,008 88,143,534
21 Total liabilities (Part X, line 26)............. 7,677,440 6,818,124
22 Net assets or fund balances. Subtract line 21 from line 20..... 72,840,568 81,325,410
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
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Firm's name MediumBullet

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May the IRS discuss this return with the preparer shown above? (see instructions) ............
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y
Form 990 (2013)
Form 990 (2013)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this Part III ..............
1
Briefly describe the organization’s mission: THE MISSION OF THE INSTITUTE OF CONTEMPORARY ART IS TO SHARE THE PLEASURES OF REFLECTION, INSPIRATION, PROVOCATION, AND IMAGINATION THAT CONTEMPORARY ART OFFERS THROUGH PUBLIC ACCESS TO ART, ARTISTS, AND THE CREATIVE PROCESS.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ......................
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program services? ............................
If "Yes," describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 4,474,240 including grants of $   ) (Revenue $ 717,241 )
ART EXHIBITIONS: GALLERY PRESENTATIONS: THE ICA PRESENTED THE FOLLOWING 16 CONTEMPORARY ART EXHIBITIONS AND COMMISSIONED PROJECTS FEATURING PAINTING, DRAWING, SCULPTURE, VIDEO, INSTALLATION, AND MORE. GENERAL ADMISSION AND PRIVATE TOUR ATTENDANCE FOR THE GALLERY EXHIBITS TOTALED 142,147 VISITORS IN FY14. ART WALL: HAEGUE YANG, MULTIPLE MOURNING ROOM: MIRROREDTHE SANDRA AND GERALD FINEBERG ART WALL, JANUARY 19-FEBRUARY 9, 2014IN MULTIPLE MOURNING ROOM: MIRRORED, A LARGE PHOTO MURAL AND SCULPTURE, HAEGUE YANG ARRANGED REPRODUCTIONS OF HER SCULPTURE AND COLLAGES, AS WELL AS BONSAI TREES AND SHINTO GRAVE MARKERS, ACROSS A MANIPULATED PHOTOGRAPH OF HIROSHIMA. AT THE TOP OF THE MURAL A BEACON SEEMED TO HOVER: A PROTRUDING WALL-MOUNTED SCULPTURE, ITSELF COMPOSED OF MYRIAD ITEMS. THE ILLOGICAL SPACES YANG CREATES SIGNAL FOR HER THE DIVISION BETWEEN IDENTITY AND PLACE THAT TYPIFIES OUR MOBILE, DIASPORIC WORLD. THE TITLE, MULTIPLE MOURNING ROOM, WHICH ALLUDES TO AIRPORT TERMINAL MULTI-FAITH PRAYER ROOMS, HIGHLIGHTS THE COPIOUS HOURS TRAVELERS IDLE IN AIRPORTS, THE QUINTESSENTIAL SYMBOL OF THE TRANSIENCE OF OUR AGE. ORGANIZED BY JENELLE PORTER, MANNION FAMILY SENIOR CURATOR.BARRY MCGEEWEST GALLERY, APRIL 5-SEPTEMBER 2, 2013THIS TWENTY-YEAR SURVEY OF BARRY MCGEE'S ART INCLUDED INSTALLATION, PAINTING, DRAWING, AND VIDEO. BARRY MCGEE BEGAN EXHIBITING HIS ART IN THE LATE 1980S, NOT IN A MUSEUM OR GALLERY BUT ON HIS HOME STREETS OF SAN FRANCISCO. AT THAT TIME, THE CITY WAS REELING FROM A LACKLUSTER ECONOMY AND THE SCOURGE OF THE AIDS CRISIS, AND CITIZENS OFTEN TOOK TO THE STREETS IN PROTEST. INSPIRED BY POLITICAL ACTIVISM, PROTEST GRAFFITI AND SIGNAGE, AND THE BURGEONING HARD-CORE MUSIC SCENE IN SAN FRANCISCO, MCGEE--ALONG WITH A TIGHT-KNIT COHORT-- DEVELOPED AS A GRAFFITI ARTIST, OFTEN UNDER THE TAG NAME TWIST. DEPLOYING A VISUAL VOCABULARY THAT BORROWS FROM GRAFFITI, COMICS, HOBO ART, SIGN PAINTING, AND OTHER SOURCES, MCGEE'S IMAGERY SIMULTANEOUSLY CELEBRATES AND CRITIQUES HIS DIVERSE MISSION DISTRICT NEIGHBORHOOD. HAVING LONG VIEWED THE CITY AS A VITAL SITE FOR ART AND ACTIVISM, HE NOW BRINGS THE ANARCHIC ENERGY OF INNER-CITY STREET LIFE TO ENVIRONMENTS INSTALLED IN ART SPACES.MCGEE'S APPROACH EXPLORES A CONTRADICTION CENTRAL TO HIS DAILY LIFE-STREET-BASED GRAFFITI VERSUS MUSEUM-BASED ART. THIS RAISES A QUESTION THAT HAS PREOCCUPIED THE AVANT-GARDE FOR A CENTURY: HOW MIGHT LIFE AND ART BE RECONCILED? AT ONCE HUMOROUS, POLITICAL, AND DIFFICULT (ESPECIALLY FOR THOSE WHO SEE PRIVATE PROPERTY AS AN INALIENABLE RIGHT), MCGEE'S WORK UNDERSCORES THE COMPLEXITIES OF LIFE IN EARLY TWENTY-FIRST-CENTURY AMERICA, A COUNTRY IN THE MIDST OF INTERNATIONAL CONFLICT, A FINANCIAL CRISIS, HIGH UNEMPLOYMENT, CLASS STRATIFICATION, AND THE EVER-CHEERFUL EXHORTATION TO CONSUME. UNWILLING TO SIMPLY REFLECT EXISTING CONDITIONS, MCGEE PROPOSES AN ALTERNATE REALITY OF POLITICAL PROVOCATION, COOPERATIVE SURVIVAL, AND CREATIVE EXUBERANCE. THE EXHIBITION WAS ORGANIZED BY THE BERKELEY ART MUSEUM AND THE PACIFIC FILM ARCHIVE. THE ICA INSTALLATION WAS COORDINATED BY JENELLE PORTER, MANNION FAMILY SENIOR CURATOR. EXPANDING THE FIELD OF PAINTINGKIM AND JIM PALLOTTA GALLERY, ONGOING (OPENED MAY 1, 2013) SINCE THE END OF THE NINETEENTH CENTURY, PAINTING HAS GONE THROUGH A REPEATED CYCLE OF DEATH AND REBIRTH IN THE FACE OF ARTISTIC INNOVATIONS SUCH AS PHOTOGRAPHY, CONCEPTUAL ART, INSTALLATION, AND DIGITAL-IMAGING TECHNOLOGIES. AT EACH OF THESE CHALLENGES, ARTISTS HAVE EXPLORED ALTERNATIVE WAYS OF MAKING A "PAINTING" THAT GO BEYOND THE APPLICATION OF PAINT TO A CANVAS USING A BRUSH BY DIVERSIFYING THE COMPONENTS OF ITS PRODUCTION AND PRESENTATION. THIS EXHIBITION, WHICH INCLUDES MANY WORKS FROM THE ICA'S PERMANENT COLLECTION - HIGHLIGHTS THE MOST RECENT GROWTH OF PAINTING, EXAMINING KEY TRANSFORMATIONS THE PRACTICE HAS UNDERGONE SINCE THE 1970S. PUSHING THE BOUNDARIES OF ITS DEFINITION, THE ARTISTS WITH WORK ON VIEW IN THESE GALLERIES HAVE DECONSTRUCTED AND REINVENTED WHAT A PAINTING IS AND WHAT IT CAN BE. WHILE SOME HAVE MAINTAINED A COMMITMENT TO TRADITIONAL MATERIALS, OTHERS HAVE EXPANDED THE GENRE BEYOND ITS LIMITS TO TAKE THE FORM OF VIDEO PROJECTIONS, A PILE OF ADVERTISING POSTERS, ALTERED BOOK COVERS, AND EVEN VINTAGE CHAIRS HUNG ON THE WALL SIDE-BY-SIDE. THROUGH THEIR VARIED INVESTIGATIONS INTO THE HISTORY, PRESENT, AND FUTURE OF PAINTING, THESE ARTISTS ACKNOWLEDGE AND OFTEN EXAGGERATE ITS CONTRADICTIONS TO PROCLAIM THAT PAINTING STILL IS, AND WILL LIKELY REMAIN, VERY MUCH ALIVE. ORGANIZED BY ANNA STOTHART, ASSISTANT CURATOR. JEFFREY GIBSON: LOVE SONGPAUL AND CATHERINE BUTTENWIESER GALLERY, MAY 1-JULY 14, 2013JEFFREY GIBSON'S PAINTINGS AND SCULPTURES DEFTLY COMBINE GEOMETRIC ABSTRACT PAINTING WITH TRADITIONAL NATIVE AMERICAN AESTHETICS. GIBSON IS A MEMBER OF THE MISSISSIPPI BAND OF CHOCTAW INDIANS AND HALF CHEROKEE, WAS RAISED IN THE UNITED STATES, GERMANY, AND KOREA, AND ATTENDED ART SCHOOL IN CHICAGO AND LONDON. MIXED MEDIA SCULPTURES COMBINE TRADITIONAL CRAFT WITH OP ART PAINTING: DRUM HEADS, LINKED AND SUSPENDED AS A COLUMN, ARE PAINTED WITH GEOMETRIC PATTERNS; A RECYCLED ARMY BLANKET IS PAINTED WITH RELATED MOTIFS AND STRUNG TO A FLAG POLE. GIBSON COMPOSED THESE SCULPTURES AFTER WORKING COLLABORATIVELY WITH INDIGENOUS ARTISTS-IN OKLAHOMA, OREGON, SOUTH DAKOTA, AND WINNIPEG-OVER THE COURSE OF MANY MONTHS. THE PROJECT WAS TRANSFORMATIVE. IN THE ARTIST'S WORDS: "I REALIZED THAT SOME VERY DIRECT, ALMOST LITERAL, TRANSLATIONS OF HISTORICAL AND TRADITIONAL NATIVE AMERICAN OBJECTS, FORMATS, MATERIALS, AND AESTHETICS FEEL EXTREMELY MODERN WHEN PLACED IN A CONTEMPORARY ART CONTEXT. WHEN I THINK ABOUT MAKING NEW OBJECTS THAT CAN REFER TO HISTORICAL OR TRADITIONAL OBJECTS, THE POSSIBILITIES ARE ENDLESS." GIBSON'S MOST RECENT PAINTINGS, THE CONSTELLATION SERIES, ARE COMPOSED ON STRETCHED ANIMAL HIDE, A RICH AND LUMINOUS SURFACE FOR PAINT. HIS PROVOCATIVE USE OF HIDE AND ABSTRACTION RELATES TO INTER-TRIBAL NATIVE AMERICAN CULTURE, BUT ALSO CHALLENGES THE TRAJECTORY OF MODERN ART. GIBSON'S WORK IS UNIQUE IN ITS EXPLORATION AND INTEGRATION OF THE CATEGORIES OF ABSTRACT PAINTING HISTORIES AND NATIVE AMERICAN ART. A BROCHURE WAS PRODUCED FOR THE EXHIBITION. ORGANIZED BY JENELLE PORTER, MANNION FAMILY SENIOR CURATOR.THE JAMES AND AUDREY FOSTER PRIZEFOTENE DEMOULAS GALLERY, MAY 1-JULY 14, 2013THE BIENNIAL FOSTER PRIZE EXHIBITION IS DEDICATED TO SHOWCASING THE WORK OF ARTISTS WHO LIVE AND WORK IN BOSTON. THE PRESENTATION COMES WITH A $25,000 PRIZE THAT IS AWARDED TO ONE ARTIST BY A JURY COMPOSED OF ARTISTS AND ARTS PROFESSIONALS. THE PRIZE MONEY IS GIVEN IN RECOGNITION OF THE UNIQUE WORK ARTISTS PERFORM IN OUR SOCIETY, AND IS MEANT TO NURTURE AND SUPPORT THE ARTS COMMUNITY IN BOSTON. SINCE ITS INCEPTION IN 2006, THE EXHIBITION HAS FEATURED TWENTY-ONE ARTISTS AND HAS BEEN ORGANIZED BY FOUR DIFFERENT CURATORS, EACH OF WHOM HAS BROUGHT A DISTINCTIVE SENSIBILITY TO THE TASK. THIS YEAR'S EXHIBITION CONSISTED OF FOUR ARTISTS: SARAH BAPST, KATARINA BURIN, MARK COOPER, AND LUTHER PRICE. ALTHOUGH THEIR WORK DIFFERS WIDELY FROM ONE ANOTHER, WHEN SEEN TOGETHER IN THIS GROUPING WE CAN SEE THAT THE ARTISTS SHARED AN INTEREST IN ARCHITECTURE AND BUILDING, THE HANDMADE AND THE MECHANICALLY PRODUCED, AND THE ROLE ART PLAYS IN SHAPING AND REIMAGINING THE WORLD WE HAVE ALL INHERITED. THE PRIZE JURY CONSISTED OF ARTIST MARK DION, LIST VISUAL ARTS CENTER DIRECTOR PAUL HA, AND HAMMER MUSEUM CURATOR ALI SUBOTNICK. THE FOSTER PRIZE WAS AWARDED TO KATARINA BURIN. ORGANIZED BY HELEN MOLESWORTH, BARBARA LEE CHIEF CURATOR.STEVE LOCKE: THERE IS NO ONE LEFT TO BLAME PAUL AND CATHERINE BUTTENWIESER GALLERY, JULY 31-OCTOBER 27, 2013THERE IS NO ONE LEFT TO BLAME COMPRISED TEN NEW WORKS BY STEVE LOCKE. HIS LUSHLY PAINTED AND RICHLY TEXTURED CANVASES REFLECT HIS INTEREST IN THE EXCHANGE OF LOOKS, THE PRIVILEGE OF LOOKING, AND THE WISH TO BE SEEN. FEATURING DISEMBODIED MALE HEADS, OFTEN STICKING OUT THEIR TONGUES, WHOSE GAZES CHALLENGE THE VIEWER AND ONE ANOTHER, THESE WORKS WERE PLACED IN THE GALLERY AS THOUGH IN DIALOGUE. THE EXHIBITION ALSO EXPLORED LOCKE'S EXPERIMENTATION WITH HOW TO DISPLAY PAINTING, WITH CANVASES ATTACHED TO POLES AND HIGHLY DECORATIVE BASES THAT EVOKE SCULPTURE, THE HUMAN BODY, AND NON-WESTERN ARTISTIC TRADITIONS. ORGANIZED BY HELEN MOLESWORTH, BARBARA LEE CHIEF CURATOR. (SEE SCH. O PAGE 60 FOR CONTINUATION.)
4b (Code:   ) (Expenses $ 1,252,047 including grants of $   ) (Revenue $ 204,535 )
PERFORMAING AND MEDIA ARTS:THE ICA PRESENTS SOME OF THE MOST TALENTED AND FORWARD LOOKING CHOREOGRAPHERS, MUSICIANS, THEATER COMPANIES AND GENRE BENDING ARTISTS FROM BOSTON AND THE REST OF THE WORLD. IN FY14 WE PRESENTED 44 PERFORMANCES BY THE FOLLOWING PERFORMERS, ARTISTS AND ENSEMBLE COMPANIES. ATTENDANCE AT THESE PERFORMANCES TOTALED 14,655. DANCE/THEATER- RASHAUN MITCHELL: ROMANCE STUDY #1, CO-PRESENTED WITH SUMMER STAGES DANCE AT CONCORD ACADEMY- MIRANDA JULY: SOCIETY AND LOST CHILD!- ARMITAGE GONE! DANCE: LIGETI ESSAYS AND RAVE, CO-PRESENTED WITH WORLD MUSIC/CRASHARTS- ADELE MYERS DANCE: EINSTEIN'S HAPPIEST THOUGHT- RASHAUN MITCHELL: PERFORMANCE!, CO-PRESENTED WITH SUMMER STAGES DANCE AT CONCORD ACADEMY- BILL T. JONES: STORY/TIME- MATTHEW RITCHIE: MONSTRANCE/REMONSTRANCE, WITH BRYCE DESSNER, SHARA WORDEN, EVAN ZIPORYN, AND DAVID SHEPPARD- WORLD MUSIC/CRASHARTS PRESENTSSTEPHEN PETRONIO COMPANY: LIKE LAZARUS DIDGALLIM DANCE: WONDERLANDKATE WEARE COMPANY: GARDEN AND EXCERPTS FROM DARK LARK!CAMILLE A. BROWN & DANCERS: NEW SECOND LINE, CITY OF RAIN, AND EXCERPTS FROM MR. TOL.E.RANCEBODYTRAFFIC: AND AT MIDNIGHT, THE GREEN BRIDE FLOATED THROUGH THE VILLAGE SQUARE..., KOLLIDE, AND O2JOYMUSIC- HARBORWALK SOUNDS: BERKLEE COLLEGE OF MUSIC AT THE ICAWAMBURA MITARU SYNERGYWE AVALANCHE AND THE DWELLSFAMILY PHOTOALI AMR EXPERIMENTDANIEL KUARKCOCOA JACKSON LANECHRISTIAN LI GROUPSIRMA AND LILLIA BETZ AND GOSSAMER- DJS ON THE HARBORTANLINESLE1FQUE BAJO?!- ZOLA JESUS- BEN SOLLEE, CO-PRESENTED WITH WORLD MUSIC/CRASHARTS- LOU DOILLION, CO-PRESENTED WITH WORLD MUSIC/CRASHARTS- JOHN MEDESKI, CO-PRESENTED WITH WORLD MUSIC/CRASHARTS- SO PERCUSSION: WHERE (WE) LIVE- SON LUX- ARDITTI QUARTETFILM/VIDEO THE ICA'S FILM AND VIDEO PROGRAM IS A PLATFORM FOR THE MOVING IMAGE IN ALL ITS FORMS FEATURING FILMS, VIDEOS, LIVE ACTION MEDIA, AND PRESENTATIONS BY FILMMAKERS WHO SEEK TO CHALLENGE THE CONVENTIONS OF THE CINEMATIC IMAGE. THIS YEAR WE CONTINUED TO EXPLORE ITS EVER-CHANGING ROLE WITHIN VISUAL CULTURE. 42 FILM SCREENINGS WERE PRESENTED IN FY14 AND HAD 4,038 IN ATTENDANCE.- BOSTON / NEW ENGLAND PREMIERE: UNBOUND, SCENES FROM THE LIFE OF MARY SHELLY, BY ABIGAIL CHILD- ART OVER POLITICS: THE PERSISTENCE OF DREAMS - NEW ENGLAND PREMIERE: SALMA BY KIM LONGINOTTO- UNFINISHED SPACES BY ALYSA NAHMIAS AND BENJAMIN MURRAY- THE DESERT OF FORBIDDEN ARTS BY AMANDA POPE AND TCHAVDAR GEORGIEV- PUSSY RIOT: A PUNK PRAYER BY MIKE LERNER AND MAXIM POZDOROVKIN- NEW ENGLAND PREMIERE: THE BRITISH ARROWS- NEW ENGLAND PREMIERE: BEST OF THE OTTAWA INTERNATIONAL ANIMATION FILM FESTIVAL 2013- OSCAR-NOMINATED SHORTS PROGRAM- NEW ENGLAND PREMIERE: PSYCHEDELIC CINEMA BY KEN BROWN; SPECIAL PRESENTATION WITH LIVE MUSIC- NEW ENGLAND PREMIERE: LGBT FILM FESTIVAL; THE 29TH ANNUAL BOSTON LGBT FILM FESTIVAL- FIRST FEATURE: JELLYFISH EYES BY TAKASHI MURAKAMI, - NATIONAL CENTER FOR JEWISH FILM FESTIVAL, BOSTON PREMIERE: FOR A WOMAN BY DIANE KURYS- TOGETHER FILM FESTIVAL: I DREAM OF WIRE BY ROBERT FANTINATTO AND JASON AMM
4c (Code:   ) (Expenses $ 1,208,171 including grants of $   ) (Revenue $ 177,145 )
ADULT, FAMILY, TEEN AND COMMUNITY PROGRAMS:ADULT PROGRAMS-ADULT PROGRAMS SERVED A TOTAL OF 3,393 PEOPLE, INCLUDING GALLERY TALKS AND PERFORMANCES. LECTURES IN FY14 WERE DOCUMENTED AND MADE AVAILABLE THROUGH ICA'S WEBSITE. AN ADDITIONAL 702 VIEWERS AND LISTENERS ACCESSED THESE RESOURCES ONLINE.EXPANDING THE FIELD OF PAINTING- WORKSHOP WITH ARTIST JASON MIDDLEBROOK- MAKE/MADE SUNDAY WORKSHOPS (X28) - POP-UP TALKS BARRY MCGEE- POP-UP TALKS STEVE LOCKE: THERE IS NO ONE LEFT TO BLAME- THE ARTIST'S VOICE: STEVE LOCKE WITH EVAN GARZA, FIRE ISLAND ARTIST RESIDENCY CO-FOUNDERMARY REID KELLEY- THE ARTIST'S VOICE: MARY REID KELLEY WITH JENELLE PORTER, ICA MANNION FAMILY SENIOR CURATORAMY SILLMAN- THE ARTIST'S VOICE: AMY SILLMAN WITH HELEN MOLESWORTH, ICA BARBARA LEE CHIEF CURATOR- GALLERY TALK WITH POET CHARLES BERNSTEIN- GALLERY TALK WITH ART HISTORIAN GREGORY WILLIAMS- PAPERCUT ZINE LIBRARY DEMONSTRATION (X2)- POP-UP TALKS CHRISTINA RAMBERG- GALLERY TALK WITH JENELLE PORTER, ICA MANNION FAMILY SENIOR CURATOR- POP-UP TALKSLATOYA RUBY FRAZIER: WITNESS- GALLERY TALK WITH ART HISTORIAN RUTH ERICKSONNICK CAVE- GALLERY TALK WITH PROFESSOR OF ENGLISH MIN HYOUNG SONG- INTERACTIVE SPACE: SECOND SKIN- INTERACTIVE SPACE & ACTIVITIES: BODY WORK (X 38)WILLIAM KENTRIDGE: THE REFUSAL OF TIME- THE ARTIST'S VOICE: WILLIAM KENTRIDGE WITH PETER GALISON AND SEBASTIAN SMEE- GALLERY TALK WITH ART HISTORIAN GLORIA SUTTON- POP-UP TALKSMATTHEW RITCHIE- TEEN ARTISTS RESPOND TO MATTHEW RITCHIEELEANOR ANTIN- GALLERY TALK WITH PHOTOGRAPHER AMBER TOURLENTES- POP-UP TALKSNATHALIE DJURBERG AND HANS BERG: A WORLD OF GLASS- THE ARTIST'S VOICE: NATHALIE DJURBERG AND HANS BERG WITH ASSISTANT CURATOR ANNA STOTHART AND PUBLIC PROGRAMS MANAGER JOHN ANDRESS- POP-UP TALKSJIM HODGES- THE ARTIST'S VOICE: JIM HODGES WITH JILL MEDVEDOW, ICA ELLEN MATILDA POSS DIRECTOR, AND ASSISTANT CURATOR ANNA STOTHART- GALLERY TALK WITH ICA CHIEF PREPARATOR TIM OBETZ- GALLERY TALK WITH ICA ASSISTANT CURATOR ANNA STOTHART- INTERACTIVE SPACE: GIVE/TAKE- MAKE/MADE WEEKEND WORKSHOPS ( X8)- POP-UP TALKS TALKING TASTE- JOANNE CHANG, FLOUR AND MYERS + CHANG- WILL GILSON, PURITAN & CO- JACKSON CANNON, THE HAWTHORNE- TIM MASLOW, RIBELLE AND STRIP-TS- SAM TREADWAY, BACKBAR- JEREMY SEWALL, ISLAND CREEK OYSTER BARICA / AIGA DESIGN LECTURE- RICK VALICENTI, THIRST/CHICAGOICA FASHION DESIGN LECTURE- PROENZA SCHOULER AND HELEN MOLESWORTH, BARBARA LEE CHIEF CURATOR- PRE-PERFORMANCE TALKS WITH DAVID HENRY - BACKSTAGE BANTER (X2)TEENS:TEEN PROGRAMS SERVED A TOTAL OF 3,043 THROUGH THE PROGRAMS LISTED BELOW. TEEN NIGHTS, ART HAPPENINGS ORGANIZED AND PROMOTED FOR TEENS BY TEENS, SERVED 1,503 TEENS. EDUCATIONAL RESOURCES AND STUDENT FILMS CREATED THROUGH ICA TEEN PROGRAMS WERE ALSO ACCESSIBLE VIA THE ICATEENS.ORG WEBSITE. AN ADDITIONAL 5,541 INDIVIDUALS ACCESSED THESE MATERIALS IN FY14.- ARTIST ENCOUNTERBEATRIX*JAR: LET'S MAKE SOME SOUNDS MATTHEW RITCHIE PROJECT- FIFTH ANNUAL NATIONAL CONVENING FOR TEENS IN THE ARTSCUSTOMIZE: MAKER CULTURE, YOUTH, CREATIVITY- INTEREST-DRIVEN GROUPS ICA TEEN DJ COLLECTIVE (ENTREPRENEURIAL)ICA SLAM TEAM (10 STUDENTS)FAST FORWARD ALUMNI GROUP (SOCIAL) - ANNUAL GATHERING - ONE DAY ON EARTH PROJECTFAST FORWARD ALUMNI MEDIA (PROFESSIONAL/ENTREPRENEURIAL)- FAST FORWARDLEVEL 1, THURSDAYSLEVEL 2, FRIDAYS- TEEN ARTS COUNCIL (15 STUDENTS)- TEEN NIGHTSSUMMER TEEN NIGHT: CUSTOMIZEREAL/ABSTRACTVALENTRIBELONG WALK TO SHORT FILMS: FAST FORWARD FILM SCREENING- WORKSHOPS (26 TEEN NEW MEDIA WORKSHOPS)DIGITAL PHOTOGRAPHY BEGINNER FALL - WEEKDAYDIGITAL PHOTOGRAPHY BEGINNER FALL - WEEKENDDJ 1 SUMMER (IN PARTNERSHIP WITH UMASS BOSTON URBAN SCHOLARS PROGRAM)PHOTO 1 SUMMER (IN PARTNERSHIP WITH UMASS BOSTON URBAN SCHOLARS PROGRAM)PHOTO 2 SUMMER (IN PARTNERSHIP WITH UMASS BOSTON URBAN SCHOLARS PROGRAM)DJ 2 SUMMER (IN PARTNERSHIP WITH UMASS BOSTON URBAN SCHOLARS PROGRAM)AUDIO REMIX SUMMER (IN PARTNERSHIP WITH UMASS BOSTON URBAN SCHOLARS PROGRAM)INTRO TO FILMMAKINGMUSIC PRODUCTIONDIGITAL PHOTOGRAPHY INTERMEDIATE - SPRINGDIGITAL PHOTOGRAPHY BEGINNER SPRING - WEEKENDREFLECTIONS IN TIME AND SPACE (IN PARTNERSHIP WITH BOSTON GREEN ACADEMY)DJ SCHOOL 201 - FALLDJ SCHOOL 101 FALL - WEEKENDADVANCED STUDIO GROUP - PORTFOLIO INTENSIVEDIGITAL PHOTOGRAPHY INTERMEDIATE WEDADVANCED STUDIO GROUP - SPRING BREAK INTENSIVEDJ SCHOOL 101 FALL - WEEKDAYADVANCED STUDIO GROUP- FRAMING AND MATTINGFASHION DESIGN (IN PARTNERSHIP WITH CODMAN ACADEMY)ADVANCE STUDIO GROUP - STREET PHOTOGRAPHYADVANCED STUDIO GROUP - PORTRAIT PHOTOGRAPHYADVANCED STUDIO GROUP - ACTION PHOTOGRAPHYDJ SCHOOL 101 - SPRINGDJ SCHOOL 201 - SPRINGDIGITAL PHOTOGRAPHY (IN PARTNERSHIP WITH CODMAN ACADEMY)- WALLTALK PROGRAMBOSTON COLLEGIATE CHARTER SCHOOLBOSTON GREEN ACADEMYDORCHESTER ACADEMYMCKINELY SOUTH END ACADEMYNEIGHBORHOOD HOUSE CHARTER SCHOOLRAFAEL HERNANDEZ SCHOOLURBAN SCIENCE ACADEMYYOUNG ACHIEVERS PILOT SCHOOLFAMILIES:FAMILY PROGRAMS SERVED 5,690 VISITORS THROUGH PLAY DATES AND WORKSHOPS. - PLAY DATESTAP LABTO THE LETTERWHAT MAKES A PAINTINGIMAGINEERING WITH COLORA FAMILY CONCERT5TH ANNUAL ICA INTERNATIONAL CHILDREN'S FILM FESTIVALIMAGINATION TRANSFORMATIONLINKS, LINES AND KNOTSWHERE THE ACTION ISA FAMILY CONCERTGIVE MORE THAN YOU TAKE- WORKSHOPSOPEN ART LABFAMILY FILMMAKING 101 (X3)SATURDAY MATERIALS BAR DECEMBER FAMILY VACATION WEEK: COLOR EXPERIMENT (X3)CLAY ARTS WORKSHOPFEBRUARY VACATION WEEK: CONTEMPORARY ART SAMPLER (X3)APRIL VACATION WEEK: CONTEMPORARY ART TREK (X3)COMMUNITY PROGRAMS & PARTNERSHIPS (SELECT)THE ICA COLLABORATED WITH NUMEROUS ORGANIZATIONS THROUGHOUT FISCAL YEAR 2014. BELOW IS A LIST OF SELECT PARTNER ORGANIZATIONS. PROGRAMS INCLUDE, FOR EXAMPLE, FREE FUN FRIDAY (2400 PARTICIPANTS); BOSTON CHILDREN'S HOSPITAL (218 PARTICIPANTS); BOSTON PUBLIC LIBRARY (82 PARTICIPANTS); AND MAKE/MADE, A PROGRAM IN COLLABORATION WITH THE MASSACHUSETTS COLLEGE OF ART AND DESIGN AND ALSO NICK CAVE STUDIO (5735 PARTICIPANTS). (SEE SCH. O, PAGE 70 FOR CONTINUATION.)
(Code:   ) (Expenses $ 382,744 including grants of $   ) (Revenue $ 619,242 )
MEMBERSHIPS: MEMBERSHIP CONTRIBUTIONS HELP THE ICA PRESENT EXHIBITIONS, PERFORMANCES, AND PROGRAMS FOR TEENS, FAMILIES AND ADULTS, CREATING A PLACE WHERE PEOPLE OF ALL AGES AND BACKGROUNDS CAN SHARE THE EXCITEMENT OF NEW ART AND IDEAS. IN FISCAL YEAR 2014 THE MEMBERSHIP DEPARTMENT SERVED OVER 6,000 HOUSEHOLDS PROVIDING THE PRIMARY BENEFITS OF FREE MUSEUM ADMISSION, DISCOUNTS IN THE ICA STORE AND WATER CAFE, EXHIBITION PREVIEWS, FIRST FRIDAYS, OPENING EXHIBITION RECEPTIONS AND A SUBSCRIPTION TO THE ICA MAGAZINE "NEW". THE ICA HAD OVER 13,000 MEMBER VISITS TO THE GALLERIES AND AT MEMBERS-ONLY EVENTS IN FY2014.
(Code:   ) (Expenses $ 844,672 including grants of $   ) (Revenue $ 440,725 )
EARNED INCOME ACTIVITIES: - TRAVELING EXHIBITS: THE ICA-ORGANIZED AMY SILLMAN EXHIBITION: ONE LUMP OR TWO TOURED TO THE ASPEN MUSEUM FROM 2/13/14 TO 5/18/14 AND THEN TO THE BARD COLLEGE FROM 6/28/14 TO 9/21/14. THE ICA-ORGANIZED STEVE LOCKE EXHIBITION: THERE IS NO ONE LEFT TO BLAME TOURED TO THE MUSEUM OF CONTEMPORARY ART DETROIT FROM 5/17/14 TO 7/27/14.- ART TRIPS: IN FY14 THE ICA SPONSORED FOUR ART TRIPS TO LOS ANGELES, MIAMI, PHILADELPHIA AND JAPAN.- EVENT SPACE RENTALS: THE ICA HAD 56 EVENT RENTALS IN FY14 THAT WERE ATTENDED BY 10,765 VISITORS WHO GOT THE OPPORTUNITY TO VIEW THE ICA'S AWARD WINNING ARCHITECTURAL DESIGN AND EXHIBITIONS.
(Code:   ) (Expenses $ 1,179,409 including grants of $   ) (Revenue $   )
PROGRAM MARKETING AND COMMUNICATIONS: DEVELOPED AND IMPLEMENTED MARKETING, ADVERTISING, AND PUBLIC RELATIONS STRATEGIES THAT PROMOTED THE ICA'S EXHIBITIONS, PERFORMANCES, AND EDUCATIONAL AND COMMUNITY PROGRAMS TO THE PUBLIC AND ICA MEMBERS. THESE STRATEGIES ALLOWED THE ICA TO ACHIEVE 220,652 IN TOTAL VISITORS TO THE ICA IN FISCAL YEAR 2014.
4d Other program services (Describe in Schedule O.)
(Expenses $ 2,406,825 including grants of $   ) (Revenue $ 1,059,967 )
4e Total program service expensesMediumBullet9,341,283
Form 990 (2013)
Form 990 (2013)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule AClick to see attachment........................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? Click to see attachment...
2
Yes
 
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I..........
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II........
4
 
No
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C,
Part III............................
5
 
No
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part IClick to see attachment........................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part IIClick to see attachment...
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes," complete Schedule D, Part III Click to see attachment....................
8
Yes
 
9
Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IVClick to see attachment..............
9
 
No
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments? If "Yes," complete Schedule D, Part VClick to see attachment......
10
Yes
 
11
If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable.
a
Did the organization report an amount for land, buildings, and equipment in Part X, line 10?
If "Yes," complete Schedule D, Part VI.Click to see attachment...................
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIClick to see attachment.......
11b
 
No
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIIClick to see attachment.......
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IXClick to see attachment............
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part XClick to see attachment
11e
Yes
 
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part XClick to see attachment.........................
11f
Yes
 
12a
Did the organization obtain separate, independent audited financial statements for the tax year?
If "Yes," complete Schedule D, Parts XI and XII Click to see attachment.................
12a
Yes
 
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment
12b
 
No
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E....
13
 
No
14a
Did the organization maintain an office, employees, or agents outside of the United States?.....
14a
 
No
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV.........
14b
 
No
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV
15
 
No
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV...
16
 
No
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I (see instructions).... Click to see attachment
17
Yes
 
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............ Click to see attachment
18
Yes
 
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III................... Click to see attachment
19
 
No
20a
Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....
20a
 
No
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
 
 
Form 990 (2013)
Form 990 (2013)
Page 4
Part IV
Checklist of Required Schedules (continued)
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II...
21
 
No
22
Did the organization report more than $5,000 of grants or other assistance to individuals in the United States on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........
22
 
No
23
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a................ Click to see attachment
24a
Yes
 
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
No
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds?......................
24c
 
No
d
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...
24d
 
No
25a
Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I........
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I...................
25b
 
No
26
Did the organization report any amount on Part X, line 5, 6, or 22 for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons? If so, complete Schedule L, Part II....................
26
 
No
27
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part III.........
27
 
No
28
Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV ..........................
28a
 
No
b
A family member of a current or former officer, director, trustee, or key employee? If "Yes,"
complete Schedule L, Part IV.....................
28b
 
No
c
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner? If "Yes," complete Schedule L, Part IV...
28c
 
No
29
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..Click to see attachment
29
Yes
 
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M............. Click to see attachment
30
Yes
 
31
Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N,
Part I...........................
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II......................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I........ Click to see attachment
33
 
No
34
Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1........................ Click to see attachment
34
Yes
 
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
Yes
 
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2... Click to see attachment
35b
 
No
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2............. Click to see attachment
36
 
No
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VIClick to see attachment
37
 
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Form 990 (2013)
Form 990 (2013)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V ..............
Yes
No
1a
Enter the number reported in Box 3 of Form 1096 Enter -0- if not applicable ..
1a
202
b
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable .
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................
2a
229
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file (see instructions)
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?...
3a
Yes
 
b
If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...
3b
Yes
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?..........................
4a
 
No
b
If "Yes," enter the name of the foreign country: MediumBullet
See instructions for filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts.
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?...
6a
 
No
b
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?........................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?....................
7a
Yes
 
b
If "Yes," did the organization notify the donor of the value of the goods or services provided?.....
7b
Yes
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?...........................
7c
 
No
d
If "Yes," indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?............................
7e
 
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?..
7f
 
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?............................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?..........................
7h
 
 
8
Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting organizations. Did the supporting organization, or a donor advised fund maintained by a sponsoring organization, have excess business holdings at any time during the year?............
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the organization make any taxable distributions under section 4966?..........
9a
 
 
b
Did the organization make a distribution to a donor, donor advisor, or related person?.......
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If "Yes," enter the amount of tax-exempt interest received or accrued during the year. ....................
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state?
Note. See the instructions for additional information the organization must report on Schedule O.
13a
 
 
b
Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....
13b
 
c
Enter the amount of reserves on hand ............
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
No
b
If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..
14b
 
 
Form 990 (2013)
Form 990 (2013)
Page 6
Part VI
Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this Part VI ..............
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year .....................
1a
32
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent ...................
1b
31
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
 
No
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? ...........................
4
 
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
 
No
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................
7a
 
No
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................
7b
 
No
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .........................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
10b
 
 
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................
11a
Yes
 
b
Describe in Schedule O the process, if any, used by the organization to review this Form 990. .....
12a
Did the organization have a written conflict of interest policy? If "No," go to line 13.......
12a
Yes
 
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................
12b
Yes
 
c
Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe in Schedule O how this was done.......................
12c
Yes
 
13
Did the organization have a written whistleblower policy? ...............
13
Yes
 
14
Did the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes" to line 15a or 15b, describe the process in Schedule O (see instructions).
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
 
No
b
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
 
 
Section C. Disclosure
17
List the States with which a copy of this Form 990 is required to be filedMediumBullet
MA
18
Section 6104 requires an organization to make its Form 1023 (or 1024 if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, physical address, and telephone number of the person who possesses the books and records of the organization:
MediumBulletMICHAEL TAUBENBERGER100 NORTHERN AVENUEBOSTONMA02210 (617) 478-3192
Form 990 (2013)
Form 990 (2013)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line in this Part VII ..............
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest
compensated employees; and former such persons.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and Title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(1) LORI FIREMAN BALDWIN........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
(2) CHARLES BRIZIUS........................................................................
PRESIDENT
 1.00
.......................   		X   X       0 0 0
(3) DR PAUL BUTTENWIESER........................................................................
CHAIR
 1.00
.......................   		X   X       0 0 0
(4) KAREN SWETT CONWAY........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
(5) STEVEN D CORKIN........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
(6) ROBERT DAVOLI........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
(7) FOTENE DEMOULAS........................................................................
VICE PRESIDENT
 1.00
.......................   		X   X       0 0 0
(8) JOHN DESPREZ III........................................................................
VICE PRESIDENT
 1.00
.......................   		X   X       0 0 0
(9) MARY SCHNEIDER ENRIQUEZ........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
(10) BRIDGITT EVANS........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
(11) GERALD FINEBERG........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
(12) JEAN-FRANCOIS FORMELA........................................................................
TRUSTEE (UNTIL JUNE 2014)
 1.00
.......................   		X           0 0 0
(13) JAMES C FOSTER........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
(14) VIVIEN HASSENFELD........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
(15) WILLIAM H HESS........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
(16) ALLISON JOHNSON........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
(17) CURTIS KEMENY........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
Form 990 (2013)
Form 990 (2013)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and Title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(18) BARBARA F LEE........................................................................
VICE CHAIR
 1.00
.......................   		X   X       0 0 0
(19) TRISTIN MANNION........................................................................
VICE PRESIDENT
 1.00
.......................   		X   X       0 0 0
(20) SHERYL MARSHALL........................................................................
TRUSTEE (UNTIL JUNE 2014)
 1.00
.......................   		X           0 0 0
(21) JILL MEDVEDOW........................................................................
DIRECTOR/EX-OFFICIO/CEO
 40.00
.......................   		X   X       372,327 0 19,950
(22) RONALD O'HANLEY........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
(23) ELLEN M POSS MD........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
(24) DAVID PUTH........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
(25) CHARLES RODGERS........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
(26) KAREN ROTENBERG........................................................................
TRUSTEE *SEE CONTINUATION ON PG.11
 1.00
.......................   		X           0 0 0
(27) MARIO RUSSO........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
(28) MARK SCHWARTZ........................................................................
TREASURER
 1.00
.......................   		X   X       0 0 0
(29) JONATHAN SEELIG........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
(30) ANTHONY TERRANA DMD........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
(31) CHARLOTTE WAGNER........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
(32) MICHAEL WILENS........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
(33) NICK WINTON........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
(34) NICOLE ZATLYN........................................................................
EX-OFFICIO
 1.00
.......................   		X           0 0 0
(35) MICHAEL TAUBENBERGER........................................................................
CFO & COO
 40.00
.......................   		    X       164,207 0 11,088
(36) HELEN MOLESWORTH........................................................................
CHIEF CURATOR
 40.00
.......................   		      X     171,992 0 15,858
(37) DAVID HENRY........................................................................
DIR. OF PERFORMING ARTS & MEDIA ARTS
 40.00
.......................   		        X   139,553 0 27,805
(38) KELLY GIFFORD........................................................................
DIR. OF EXTERNAL RELATIONS
 40.00
.......................   		        X   123,645 0 26,319
(39) KATHRYN GREENBERG........................................................................
DIRECTOR OF DEVELOPMENT
 40.00
.......................   		        X   109,367 0 11,665
(40) JENELLE PORTER........................................................................
SENIOR CURATOR
 40.00
.......................   		        X   101,759 0 16,518
1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)............MediumBullet 1,182,850 0 129,203
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organizationMediumBullet7
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............
3
 
No
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such individual...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
ALLIEDBARTON SECURITYPO BOX 828854PHILADELPHIAPA19182 SECURITY SERVICES 378,858
AMERICAN CLEANING COMPANY INCPO BOX 390702CAMBRIDGEMA02139 CLEANING SERVICES 234,575
WOLFGANG PUCK CATERING100 NORTHERN AVENUEBOSTONMA02210 CATERING 175,935
TITAN OUTDOOR LLC195 STATE STREET 4BOSTONMA02109 ADVERTISING 150,130
THE GRAPHIC GROUP INC203 MIDDLESEX TURNPIKEBURLINGTONMA01803 PRINT MATERIALS 148,680
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet8
Form 990 (2013)
Form 990 (2013)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII .............
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512-514
Contributions, Gifts, GrantAmt and OtherAmt Similar Amounts 1a Federated campaigns..1a  
b Membership dues....1b  
c Fundraising events....1c 1,236,660
d Related organizations...1d  
e Government grants (contributions)1e 135,000
f All other contributions, gifts, grants, and
similar amounts not included above1f 		15,101,934
g Noncash contributions included in lines
1a-1f:$ 		1,217,697
h Total. Add lines 1a-1f.......MediumBullet 16,473,594
Program Service RevenueAmt Business Code
2a ADMISSIONS AND PROGRAM FEES 900099 1,098,921 1,098,921    
b MEMBERSHIP DUES 900099 619,242 619,242    
c EXHIBITIONS 900099 75,000 75,000    
d TRIP AND TOURS 900099 34,700 34,700    
e
f All other program service revenue .        
g Total. Add lines 2a–2f........MediumBullet 1,827,863
OtherAmt RevenueAmt 3 Investment income (including dividends, interest, and other similar amounts).......MediumBullet 223,606     223,606
4 Income from investment of tax-exempt bond proceeds..MediumBullet        
5 Royalties...........MediumBullet        
(i) Real (ii) Personal
6a Gross rents 633,573  
b Less: rental expenses 630,292  
c Rental income or (loss) 3,281  
d Net rental income or (loss).......MediumBullet 3,281   3,281  
(i) Securities (ii) Other
7a Gross amount from sales of assets other than inventory 1,334,574  
b Less: cost or other basis and sales expenses 1,205,987  
c Gain or (loss) 128,587  
d Net gain or (loss)..........MediumBullet 128,587     128,587
8a Gross income from fundraising events (not including
$ 1,236,660
of contributions reported on line 1c). See Part IV, line 18 ..
a 123,900
b Less: direct expenses ...b 450,768
c Net income or (loss) from fundraising events..MediumBullet -326,868   -326,868
9a Gross income from gaming activities.
See Part IV, line 19 ...
a  
b Less: direct expenses ...b  
c Net income or (loss) from gaming activities...MediumBullet        
10a Gross sales of inventory, less
returns and allowances .
a 726,537
b Less: cost of goods sold ..b 428,228
c Net income or (loss) from sales of inventory..MediumBullet 298,309 298,309    
Miscellaneous Revenue Business Code
11a FOOD SERVICES 722210 77,974     77,974
b OTHER REVENUE 900099 32,716 32,716    
c            
d All other revenue ....        
e Total. Add lines 11a–11d ...... MediumBullet 110,690
12 Total revenue. See Instructions......MediumBullet 18,739,062 2,158,888 3,281 103,299
Form 990 (2013)
Form 990 (2013)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX ...............
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII. 		(A)
Total expenses 		(B)
Program service expenses 		(C)
Management and general expenses 		(D)
Fundraising expenses
1 Grants and other assistance to governments and organizations in the United States. See Part IV, line 21    
2 Grants and other assistance to individuals in the United States. See Part IV, line 22    
3 Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16    
4 Benefits paid to or for members    
5 Compensation of current officers, directors, trustees, and key employees .... 755,421 187,849 567,572  
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....        
7 Other salaries and wages 4,148,736 3,090,851 455,471 602,414
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 135,950 100,351 15,291 20,308
9 Other employee benefits ....... 303,904 221,180 46,633 36,091
10 Payroll taxes ........... 363,511 266,115 52,677 44,719
11 Fees for services (non-employees):        
a Management ......        
b Legal ......... 28,619   28,619  
c Accounting ........... 37,850   37,850  
d Lobbying ...........        
e Professional fundraising services. See Part IV, line 17 45,121 45,121
f Investment management fees ...... 41,040   31,643 9,397
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) ........ 471,375 361,864 76,540 32,971
12 Advertising and promotion .... 468,500 468,500    
13 Office expenses ....... 23,116 10,355 11,276 1,485
14 Information technology ...... 79,364 31,700 34,179 13,485
15 Royalties ..        
16 Occupancy ........... 885,559 836,586 12,815 36,158
17 Travel ............ 322,075 283,895 17,320 20,860
18 Payments of travel or entertainment expenses for any federal, state, or local public officials ......        
19 Conferences, conventions, and meetings .... 19,316 11,247 5,646 2,423
20 Interest ........... 152,136 139,603 10,110 2,423
21 Payments to affiliates .......        
22 Depreciation, depletion, and amortization ..... 1,717,167 1,656,081 32,339 28,747
23 Insurance .............. 65,728 6,909 58,819  
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a SHIPPING & STORAGE 583,160 583,160    
b PRODUCTION COSTS/ARTIST 471,978 440,758   31,220
c TELEPHONE AND UTILITIES 460,250 414,078 38,623 7,549
d RENTAL AND EQUIPMENT 99,195 91,253 7,942  
e All other expenses 232,277 138,948 93,329  
25 Total functional expenses. Add lines 1 through 24e 11,911,348 9,341,283 1,634,694 935,371
26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here MediumBullet if following SOP 98-2 (ASC 958-720).        
Form 990 (2013)
Form 990 (2013)
Page 11
Part X Balance Sheet Check if Schedule O contains a response or note to any line in this Part X ..............
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash–non-interest-bearing ............. 3,773,710 1 3,957,686
2 Savings and temporary cash investments .........   2  
3 Pledges and grants receivable, net ........... 14,978,219 3 20,797,800
4 Accounts receivable, net ............. 270,058 4 119,648
5 Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of
Schedule L ..................
  5  
6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
  6  
7 Notes and loans receivable, net .............   7  
8 Inventories for sale or use .............. 330,655 8 253,748
9 Prepaid expenses and deferred charges .......... 243,501 9 160,176
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 60,292,845
b Less: accumulated depreciation ..... 10b 13,454,496 47,864,912 10c 46,838,349
11 Investments—publicly traded securities .......... 12,455,345 11 15,381,762
12 Investments—other securities. See Part IV, line 11 ..... 516,411 12 558,813
13 Investments—program-related. See Part IV, line 11 .....   13  
14 Intangible assets ...............   14  
15 Other assets. See Part IV, line 11 ........... 85,197 15 75,552
16 Total assets. Add lines 1 through 15 (must equal line 34)...... 80,518,008 16 88,143,534
Liabilities 17 Accounts payable and accrued expenses ......... 762,874 17 1,060,941
18 Grants payable .................   18  
19 Deferred revenue ................ 186,667 19 146,666
20 Tax-exempt bond liabilities ............. 5,858,949 20 5,308,949
21 Escrow or custodial account liability. Complete Part IV of Schedule D..   21  
22 Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
persons. Complete Part II of Schedule L..........   22  
23 Secured mortgages and notes payable to unrelated third parties ..   23  
24 Unsecured notes and loans payable to unrelated third parties ....   24  
25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D.................... 868,950 25 301,568
26 Total liabilities. Add lines 17 through 25......... 7,677,440 26 6,818,124
Net Assets or Fund Balance Organizations that follow SFAS 117 (ASC 958), check here MediumBullet and complete lines 27 through 29, and lines 33 and 34.
27 Unrestricted net assets .............. 42,381,107 27 41,569,532
28 Temporarily restricted net assets ........... 8,034,276 28 15,133,272
29 Permanently restricted net assets ........... 22,425,185 29 24,622,606
Organizations that do not follow SFAS 117 (ASC 958), check here MediumBullet and complete lines 30 through 34.
30 Capital stock or trust principal, or current funds ........   30  
31 Paid-in or capital surplus, or land, building or equipment fund .....   31  
32 Retained earnings, endowment, accumulated income, or other funds   32  
33 Total net assets or fund balances ........... 72,840,568 33 81,325,410
34 Total liabilities and net assets/fund balances ........ 80,518,008 34 88,143,534
Form 990 (2013)
Form 990 (2013)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI ..............
1
Total revenue (must equal Part VIII, column (A), line 12) ............
1
18,739,062
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
11,911,348
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
6,827,714
4
Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) ..
4
72,840,568
5
Net unrealized gains (losses) on investments ...............
5
1,714,660
6
Donated services and use of facilities .................
6
 
7
Investment expenses .....................
7
 
8
Prior period adjustments .....................
8
 
9
Other changes in net assets or fund balances (explain in Schedule O) ........
9
-57,532
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 33, column (B))
10
81,325,410
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this Part XII .............
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
 
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
 
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
c
If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
2c
Yes
 
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133?
3a
 
No
b
If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.
3b
 
 
Form 990 (2013)
Form 990, Special Condition Description:
Special Condition Description
Additional Data


Software ID:  
Software Version:  
SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service
Public Charity Status and Public Support
Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
right arrow Attach to Form 990 or Form 990-EZ. right arrow See separate instructions.
right arrow Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
THE INSTITUTE OF CONTEMPORARY ART INC
 
Employer identification number

04-2104327
Part I
Reason for Public Charity Status (All organizations must complete this part.) See instructions.
The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)
1
2
3
4
5
section 170(b)(1)(A)(iv). (Complete Part II.)
6
7
8
9
receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of
its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses
acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)
10
11
e
f
g
(i) A person who directly or indirectly controls, either alone or together with persons described in (ii)
Yes
No
and (iii) below, the governing body of the supported organization? ................
11g(i)
 
 
(ii) A family member of a person described in (i) above? ......................
11g(ii)
 
 
(iii) A 35% controlled entity of a person described in (i) or (ii) above? ................
11g(iii)
 
 
h
Provide the following information about the supported organization(s).
(i) Name of supported organization (ii) EIN (iii) Type of organization (described on lines 1- 9 above or IRC section (see instructions)) (iv) Is the organization in col. (i) listed in your governing document? (v) Did you notify the organization in col. (i) of your support? (vi) Is the organization in col. (i) organized in the U.S.? (vii) Amount of monetary support
Yes No Yes No Yes No
Total  

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990EZ.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2013
Schedule A (Form 990 or 990-EZ) 2013
Page 2
Part II
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2009 (b) 2010 (c) 2011 (d) 2012 (e) 2013 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .... 8,324,952 7,665,925 17,357,007 11,064,748 16,473,594 60,886,226
2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......            
3 The value of services or facilities furnished by a governmental unit to the organization without charge..            
4 Total. Add lines 1 through 3 8,324,952 7,665,925 17,357,007 11,064,748 16,473,594 60,886,226
5 The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. 14,836,971
6 Public support. Subtract line 5 from line 4. 46,049,255
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2009 (b) 2010 (c) 2011 (d) 2012 (e) 2013 (f) Total
7 Amounts from line 4.. 8,324,952 7,665,925 17,357,007 11,064,748 16,473,594 60,886,226
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... 199,382 285,768 198,251 204,024 223,606 1,111,031
9 Net income from unrelated business activities, whether or not the business is regularly carried on..   5,457     3,281 8,738
10 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.).. 443,798 278,517 208,193 156,592 201,874 1,288,974
11 Total support (Add lines 7 through 10). 63,294,969
12
12
13,229,446
13
First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization, check this box and stop here.................................................right arrow
Section C. Computation of Public Support Percentage
14
14
72.750 %
15
15
73.350 %
16a
b
17a
b
18
Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow
Schedule A (Form 990 or 990-EZ) 2013
Schedule A (Form 990 or 990-EZ) 2013
Page 3
Part III
Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2009 (b) 2010 (c) 2011 (d) 2012 (e) 2013 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .            
2 Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......            
3 Gross receipts from activities that are not an unrelated trade or business under section 513..            
4 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...            
5 The value of services or facilities furnished by a governmental unit to the organization without charge..            
6 Total. Add lines 1 through 5.            
7a Amounts included on lines 1, 2, and 3 received from disqualified persons...            
b Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.            
c Add lines 7a and 7b..            
8 Public support (Subtract line 7c from line 6.)  
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2009 (b) 2010 (c) 2011 (d) 2012 (e) 2013 (f) Total
9 Amounts from line 6...            
10a Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..            
b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.            
c Add lines 10a and 10b.            
11 Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.            
12 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.) ..            
13 Total support. (Add lines 9, 10c, 11, and 12.)..            
14
Section C. Computation of Public Support Percentage
15
15
 
16
16
 
Section D. Computation of Investment Income Percentage
17
17
 
18
18
 
19a
b
20
Schedule A (Form 990 or 990-EZ) 2013
Schedule A (Form 990 or 990-EZ) 2013
Page 4
Part IV
Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; and Part III, line 12. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
 
Explanation
 
 
 
 
Schedule A (Form 990 or 990-EZ) 2013

Additional Data


Software ID:  
Software Version:  
Schedule B
(Form 990, 990-EZ,
or 990-PF)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors
Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Name of the organization
THE INSTITUTE OF CONTEMPORARY ART INC
 
Employer identification number

04-2104327
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ





Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......................... Arrow Bullet $  
Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2013)

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
Page 2
Name of organization
THE INSTITUTE OF CONTEMPORARY ART INC
  		Employer identification number

04-2104327
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
RESTRICTED
RESTRICTED
 

   
RESTRICTED
RESTRICTED
RESTRICTED, RESTRICTEDRESTRICTED

$RESTRICTED


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
Page 3
Name of organization
THE INSTITUTE OF CONTEMPORARY ART INC
  		Employer identification number

04-2104327
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
Page 4
Name of organization
THE INSTITUTE OF CONTEMPORARY ART INC
  		Employer identification number

04-2104327
Part III
Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Additional Data


Software ID:  
Software Version:  
SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," to Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b
SchDMd Bullet Attach to Form 990. SchDMd Bullet See separate instructions. SchDMd Bullet Information about Schedule D (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
THE INSTITUTE OF CONTEMPORARY ART INC
 
Employer identification number

04-2104327
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .........    
2 Aggregate contributions to (during year) ...    
3 Aggregate grants from (during year) .....    
4 Aggregate value at end of year ........    
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................
Part II
Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ....................... 2a  
b Total acreage restricted by conservation easements .................. 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register .................... 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during
the tax year SchDMd Bullet  
4
Number of states where property subject to conservation easement is located SchDMd Bullet  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and
enforcement of the conservation easements it holds? .............................
6
Staff and volunteer hours devoted to monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .......................................
9
In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:
(i)
Revenues included in Form 990, Part VIII, line 1 ........................SchDMd Bullet $  
(ii)
Assets included in Form 990, Part X ..............................SchDMd Bullet $  
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 (ASC 958) relating to these items:
a
Revenues included in Form 990, Part VIII, line 1 ..........................SchDMd Bullet $  
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 52283D
Schedule D (Form 990) 2013

Schedule D (Form 990) 2013
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?........
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990,
Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b
If "Yes," explain the arrangement in Part XIII and complete the following table:
Amount
c Beginning balance ................................. 1c  
d Additions during the year .............................. 1d  
e Distributions during the year ............................. 1e  
f Ending balance ................................... 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21? .....................
b
If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ........
Part V
Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10.
(a)Current year (b)Prior year b (c)Two years back (d)Three years back (e)Four years back
1a Beginning of year balance .... 13,042,861 10,292,117 9,889,355 9,286,769 7,678,806
b Contributions ........ 1,992,263 2,105,639 925,002 676,000 910,105
c Net investment earnings, gains, and losses 2,035,210 1,150,105 -72,240 476,586 1,037,858
d Grants or scholarships .....          
e Other expenditures for facilities
and programs ........ 		575,000 505,000 450,000 550,000 340,000
f Administrative expenses ....          
g End of year balance ...... 16,495,334 13,042,861 10,292,117 9,889,355 9,286,769
2
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
Board designated or quasi-endowment SchDMd Bullet  
b
Permanent endowment SchDMd Bullet90.450 %
c
Temporarily restricted endowment SchDMd Bullet9.550 %
The percentages in lines 2a, 2b, and 2c should equal 100%.
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) unrelated organizations ........................
3a(i)
Yes
 
(ii) related organizations ........................
3a(ii)
 
No
b
If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIII the intended uses of the organization's endowment funds.
Part VI
Land, Buildings, and Equipment. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11a. See Form 990, Part X, line 10.
Description of property (a) Cost or other basis (investment) (b)Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land .................      
b Buildings ................   55,997,592 10,486,310 45,511,282
c Leasehold improvements ............        
d Equipment ................   4,295,253 2,968,186 1,327,067
e Other .................        
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).).......SchDMdBullet 46,838,349
Schedule D (Form 990) 2013

Schedule D (Form 990) 2013
Page 3
Part VII
Investments—Other Securities. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11b. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)		 (b)Book value (c) Method of valuation:
Cost or end-of-year market value
(1)Financial derivatives    
(2)Closely-held equity interests    
Other








Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)Small Bullet  
Part VIII
Investments—Program Related. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11c. See Form 990, Part X, line 13.
(a) Description of investment (b) Book value (c) Method of valuation:
Cost or end-of-year market value








Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)Small Bullet  
Part IX
Other Assets. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11d. See Form 990, Part X, line 15.
(a) Description (b) Book value








Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........Small Bullet  
Part X
Other Liabilities. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
1.(a) Description of liability (b) Book value
Federal income taxes  
LINE OF CREDIT 300,000
CAPITAL LEASE OBLIGATIONS 1,568







Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)Small Bullet 301,568
2. Liability for uncertain tax positions In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII ..................................................
Schedule D (Form 990) 2013

Schedule D (Form 990) 2013
Page 4
Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1 Total revenue, gains, and other support per audited financial statements ....... 1 22,121,680
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains on investments .......... 2a 1,714,660
b Donated services and use of facilities ......... 2b 247,845
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIII.) ............ 2d -89,175
e Add lines 2a through 2d ..................... 2e 1,873,330
3 Subtract line 2e from line 1..................... 3 20,248,350
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a  
b Other (Describe in Part XIII.) ........... 4b -1,509,288
c Add lines 4a and 4b....................... 4c -1,509,288
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5 18,739,062
Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1 Total expenses and losses per audited financial statements ........... 1 13,636,838
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities .......... 2a 247,845
b Prior year adjustments .............. 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIII.) ............ 2d 1,509,288
e Add lines 2a through 2d...................... 2e 1,757,133
3 Subtract line 2e from line 1..................... 3 11,879,705
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a  
b Other (Describe in Part XIII.) ............ 4b 31,643
c Add lines 4a and 4b....................... 4c 31,643
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5 11,911,348
Part XIII
Supplemental Information
Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.
Return Reference Explanation
PART III, LINE 1A: COLLECTIONS CONSIST OF WORKS OF ART, HISTORICAL TREASURES AND SIMILAR ASSETS HELD AS PART OF A COLLECTION - FOR EDUCATION, RESEARCH OR PUBLIC EXHIBITION PURPOSES - RATHER THAN FOR SALE OR FINANCIAL GAIN. COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE ICA'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED, OR AS A DECREASE IN TEMPORARILY RESTRICTED NET ASSETS IF THE ASSETS ARE USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. THE COLLECTIONS ARE SUBJECT TO A POLICY THAT REQUIRES PROCEEDS FROM THEIR SALES TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. THERE WAS ONE PURCHASE OF ART FOR THE PERMANENT COLLECTIONS DURING THE YEAR ENDED JUNE 30, 2014.
PART III, LINE 4: IN ACCOMPLISHING THE ORGANIZATION'S MISSION IN ART EDUCATION, CONTEMPORARY ARTWORKS FROM VARIOUS ARTISTS ARE EXHIBITED TO THE GENERAL PUBLIC.
PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS ARE FOR THE ORGANIZATION'S OPERATING EXPENSES AS DESIGNATED BY DONOR.
PART X, LINE 2: THE ICA IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(A) OF THE INTERNAL REVENUE CODE AS ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) AND 501(C)(2), RESPECTIVELY. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ICA RECOGNIZES A TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT EVALUATED THE ICA'S TAX POSITIONS AND CONCLUDED THAT THE ICA HAD NO MATERIAL UNCERTAINTIES IN INCOME TAXES AS OF JUNE 30, 2014 AND 2013. WITH FEW EXCEPTIONS, THE ICA IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S., FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR FISCAL YEARS BEFORE 2011. THE ICA WILL ACCOUNT FOR INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, AS PART OF TAX EXPENSE.
PART XI, LINE 2D - OTHER ADJUSTMENTS: DISCOUNT ON UNCONDITIONAL PROMISES TO GIVE -99,934. INVESTMENT EXPENSES NETTED WITH INVESTMENT REVENUE ON AUDITED FS -31,643. GAIN ON SPLIT INTEREST AGREEMENT 42,402.
PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD REPORTED ON FORM 990, PART VIII, LINE 10B -428,228. SPECIAL EVENTS DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B -450,768. RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B -630,292.
PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B 450,768. RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B 630,292. COST OF GOODS SOLD REPORTED ON FORM 990, PART VIII, LINE 10B 428,228.
PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXP. NETTED WITH INVESTMENT REV. ON AUDITED FS 31,643.
Schedule D (Form 990) 2013

Additional Data


Software ID:  
Software Version:  




SCHEDULE G (Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Supplemental Information Regarding
Fundraising or Gaming Activities
Complete if the organization answered "Yes" to Form 990, Part IV, lines 17, 18, or 19, or if the organization entered more than $15,000 on Form 990-EZ, line 6a. right arrowAttach to Form 990 or Form 990-EZ. right arrowSee separate instructions.
right arrowInformation about Schedule G (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
THE INSTITUTE OF CONTEMPORARY ART INC
 
Employer identification number

04-2104327
Part I
Fundraising Activities. Complete if the organization answered "Yes" to Form 990, Part IV, line 17.
Form 990-EZ filers are not required to complete this part.
1
Indicate whether the organization raised funds through any of the following activities. Check all that apply.
a e
b f
c g
d
2a
Did the organization have a written or oral agreement with any individual (including officers, directors, trustees
or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?
b
If "Yes," list the ten highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is
to be compensated at least $5,000 by the organization.
(i) Name and address of individual
or entity (fundraiser) 		(ii) Activity (iii) Did fundraiser have custody or control of contributions? (iv) Gross receipts
from activity 		(v) Amount paid to
(or retained by)
fundraiser listed in
col. (i) 		(vi) Amount paid to
(or retained by)
organization
Yes No
SUSAN COURTENMANCHE
40 POWDER HORN HILL ROAD
 
WILSON, CT06897 		FUNDRAISING STRATEGY   No 0 45,121 -45,121
             
             
             
             
             
             
             
             
             
Total .................right arrow   45,121 -45,121
3
List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registration or licensing.
For Paperwork Reduction Act Notice, see the Instructions for Form 990or 990-EZ.
Cat. No. 50083H
Schedule G (Form 990 or 990-EZ) 2013
Schedule G (Form 990 or 990-EZ) 2013
Page 2
Part II
Fundraising Events. Complete if the organization answered "Yes" to Form 990, Part IV, line 18, or reported more than $15,000 of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000.
(a) Event #1

GALA
(event type) 		(b) Event #2

WINE DINNER
(event type) 		(c) Other events

 
(total number) 		(d) Total events
(add col. (a) through col. (c))
VerticalRevenue 1 Gross receipts . . . 1,063,485 297,075   1,360,560
2 Less: Contributions . . 971,985 264,675   1,236,660
3 Gross income (line 1
minus line 2) . . . 		91,500 32,400   123,900
VerticalDirectExpenses 4 Cash prizes . . .        
5 Noncash prizes . .        
6 Rent/facility costs . .        
7 Food and beverages . 79,262 46,447   125,709
8 Entertainment . . . 7,963     7,963
9 Other direct expenses . 232,367 84,729   317,096
10 Direct expense summary. Add lines 4 through 9 in column (d) ........... right arrow 450,768
11 Net income summary. Subtract line 10 from line 3, column (d)........... right arrow -326,868
Part III
Gaming. Complete if the organization answered "Yes" to Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a.
VerticalRevenue (a) Bingo (b) Pull tabs/Instant
bingo/progressive bingo 		(c) Other gaming (d) Total gaming (add col.(a) through col.(c))
1 Gross revenue . . . .        
VerticalDirectExpenses 2 Cash prizes . . . .        
3 Non-cash prizes . . .        
4 Rent/facility costs . . .        
5 Other direct expenses . .        
6 Volunteer labor . . .
%
%
%
7 Direct expense summary. Add lines 2 through 5 in column (d) ........... right arrow  
8 Net gaming income summary. Subtract line 7 from line 1, column (d) ......... right arrow  
9
Enter the state(s) in which the organization operates gaming activities:
a
Is the organization licensed to operate gaming activities in each of these states? ............
b
If "No," explain:
 
10a
Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? .....
b
If "Yes," explain:
 
Schedule G (Form 990 or 990-EZ) 2013
Schedule G (Form 990 or 990-EZ) 2013
Page 3
11
Does the organization operate gaming activities with nonmembers? .................
12
Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity
formed to administer charitable gaming? ..........................
13
Indicate the percentage of gaming activity operated in:
a
The organization's facility ......................
13a
%
b
An outside facility ........................
13b
%
14
Enter the name and address of the person who prepares the organization's gaming/special events books and records:
Name right arrow
Address right arrow
15a
Does the organization have a contract with a third party from whom the organization receives gaming
revenue? ......................................
b
If "Yes," enter the amount of gaming revenue received by the organization right arrow $   and the
amount of gaming revenue retained by the third party right arrow $   .
c
If "Yes," enter name and address of the third party:
Name right arrow
Address right arrow
 
 
16
Gaming manager information:
Name right arrow
Gaming manager compensation right arrow $  
Description of services provided right arrow
 
17
Mandatory distributions:
a
Is the organization required under state law to make charitable distributions from the gaming proceeds to
retain the state gaming license? ............................
b
Enter the amount of distributions required under state law distributed to other exempt organizations or spent
in the organization's own exempt activities during the tax year right arrow$  
Part IV
Supplemental Information. Provide the explanations required by Part I, line 2b, columns (iii) and (v), and Part III, lines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also complete this part to provide any additional information (see instructions).
Return Reference Explanation
Schedule G (Form 990 or 990-EZ) 2013
Additional Data


Software ID:  
Software Version:  
Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet Complete if the organization answered "Yes" to Form 990, Part IV, line 23.
SchJMediumBullet Attach to Form 990. SchJMediumBullet See separate instructions.
SchJMediumBullet Information about Schedule J (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
THE INSTITUTE OF CONTEMPORARY ART INC
 
Employer identification number

04-2104327
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed in Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain....
1b
 
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked in line 1a? ..
2
 
 
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
4
During the year, did any person listed in Form 990, Part VII, Section A, line 1a with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? ................
4a
 
No
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........
4b
 
No
c
Participate in, or receive payment from, an equity-based compensation arrangement? .........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3) and 501(c)(4) organizations only must complete lines 5-9.
5
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ...........................
5a
 
No
b
Any related organization? .........................
5b
 
No
If "Yes," to line 5a or 5b, describe in Part III.
6
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization? ...........................
6a
 
No
b
Any related organization? .........................
6b
 
No
If "Yes," to line 6a or 6b, describe in Part III.
7
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
 
No
8
Were any amounts reported in Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III .............................
8
 
No
9
If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2013

Schedule J (Form 990) 2013
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported in Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(A) Name and Title (B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement and other deferred compensation (D) Nontaxable
benefits		 (E) Total of columns
(B)(i)-(D) 		(F) Compensation
reported as deferred
in prior Form 990
(i) Base compensation (ii) Bonus & incentive compensation (iii) Other reportable compensation
(1)JILL MEDVEDOWDIRECTOR/EX-OFFICIO/CEO (i)
(ii)		 372,327
0 		0
0 		0
0 		18,654
0 		1,296
0 		392,277
0 		0
0
(2)MICHAEL TAUBENBERGERCFO & COO (i)
(ii)		 164,207
0 		0
0 		0
0 		8,323
0 		2,765
0 		175,295
0 		0
0
(3)HELEN MOLESWORTHCHIEF CURATOR (i)
(ii)		 171,992
0 		0
0 		0
0 		8,716
0 		7,142
0 		187,850
0 		0
0
(4)DAVID HENRYDIR. OF PERFORMING ARTS & MEDIA ARTS (i)
(ii)		 139,553
0 		0
0 		0
0 		7,325
0 		20,480
0 		167,358
0 		0
0
Schedule J (Form 990) 2013

Schedule J (Form 990) 2013
Page 3
Part III
Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II.
Also complete this part for any additional information.
Return Reference Explanation
Schedule J (Form 990) 2013

Additional Data


Software ID:  
Software Version:  
Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax Exempt Bonds
SchKMediumBullet Complete if the organization answered "Yes" to Form 990, Part IV, line 24a. Provide descriptions,
explanations, and any additional information in Part VI.
SchKMediumBullet Attach to Form 990. SchKMediumBullet See separate instructions.
SchKMediumBulletInformation about Schedule K (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
THE INSTITUTE OF CONTEMPORARY ART INC
 
Employer identification number
04-2104327
Part I
Bond Issues
(a) Issuer name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose (g) Defeased (h) On
behalf of
issuer 		(i) Pool
financing
Yes No Yes No Yes No
A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY
  		04-3431814   05-03-2012 6,408,949 REFUNDING ISSUE   X   X   X
Part II
Proceeds
A B C D
1 Amount of bonds retired . . . . . . . . . . . . . . 1,350,000      
2 Amount of bonds legally defeased . . . . . . . . . . .        
3 Total proceeds of issue . . . . . . . . . . . . . . 6,408,949      
4 Gross proceeds in reserve funds . . . . . . . . . . . .        
5 Capitalized interest from proceeds . . . . . . . . . . .        
6 Proceeds in refunding escrows . . . . . . . . . . . .        
7 Issuance costs from proceeds . . . . . . . . . . . . 96,449      
8 Credit enhancement from proceeds . . . . . . . . . . .        
9 Working capital expenditures from proceeds . . . . . . . . . 6,312,500      
10 Capital expenditures from proceeds . . . . . . . . . . .        
11 Other spent proceeds . . . . . . . . . . . . . .        
12 Other unspent proceeds . . . . . . . . . . . . . .        
13 Year of substantial completion . . . . . . . . . . . . 2006
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue? . . . . . X              
15 Were the bonds issued as part of an advance refunding issue? . . . . .   X            
16 Has the final allocation of proceeds been made? . . . . . . . . X              
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? . . . . . . . . . . . . . . X              
Part III
Private Business Use
A B C D
Yes No Yes No Yes No Yes No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? . . . . . . .   X            
2 Are there any lease arrangements that may result in private business use of bond-financed property? . . . . . . . . .   X            
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2013
Schedule K (Form 990) 2013
Page 2
Part III
Private Business Use (Continued)
A B C D
Yes No Yes No Yes No Yes No
3a Are there any management or service contracts that may result in private business use of bond-financed property? . . . . . . . . . . . . X              
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property? X              
c Are there any research agreements that may result in private business use of bond-financed property? . . . . . . . . . . . . . . .   X            
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property?                
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government . . SchKMediumBullet 1.120 %      
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government . . . . . . . SchKMediumBullet 0.500 %      
6 Total of lines 4 and 5 . . . . . . . . . . . . . 1.620 %      
7 Does the bond issue meet the private security or payment test? . . . . .   X            
8a Has there been a sale or disposition of any of the bond financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?. . . . . . . . . . . . . . . . .   X            
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of.        
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? . . . . . . . . . . . . .                
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2? . . . . . . . 		  X            
Part IV
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T? . . . . .   X            
2 If "No" to line 1, did the following apply? . . . .
a Rebate not due yet? . . . . . . . .   X            
b Exception to rebate? . . . . . . . .   X            
c No rebate due? . . . . . . . .   X            
If you checked "No rebate due" in line 2c, provide in
Part VI the date the rebate computation was performed
3 Is the bond issue a variable rate issue? . . . . X              
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?   X            
b Name of provider . . . . . . . . .  
  		 
  		 
  		 
 
c Term of hedge . . . . . . . . . .        
d Was the hedge superintegrated? . . . .                
e Was the hedge terminated? . . . . . .                
Schedule K (Form 990) 2013
Schedule K (Form 990) 2013
Page 3
Part IV
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
5a Were gross proceeds invested in a guaranteed investment contract (GIC)? . . . . . . . . .   X            
b Name of provider . . . . . . . . .  
  		 
  		 
  		 
 
c Term of GIC . . . . . . . . . .        
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? . . . . .                
6 Were any gross proceeds invested beyond an available temporary period? . . . . . . . .   X            
7 Has the organization established written procedures to monitor the requirements of section 148? . . .   X            
Part V
Procedures To Undertake Corrective Action
A B C D
Yes No Yes No Yes No Yes No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations? X              
Part VI
Supplemental Information. Provide additional information for responses to questions on Schedule K (see instructions).
Return Reference Explanation
FORM 990, PART V: THE AUDIT COMMITTEE FORMALLY APPROVED PROCEDURES THAT HAD BEEN IN PLACE ON MARCH 4, 2015.
Schedule K (Form 990) 2013

Additional Data


Software ID:  
Software Version:  

SCHEDULE M
(Form 990)

Department of the Treasury
Internal Revenue Service
Noncash Contributions
Right pointing arrow large imageComplete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image Attach to Form 990.
Right pointing arrow large imageInformation about Schedule M (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
THE INSTITUTE OF CONTEMPORARY ART INC
 
Employer identification number

04-2104327
Part I
Types of Property
(a)
Check if applicable 		(b)
Number of contributions or items contributed 		(c)
Noncash contribution amounts reported on
Form 990, Part VIII, line 1g 		(d)
Method of determining
noncash contribution amounts
1 Art—Works of art .... X 13    
2 Art—Historical treasures .        
3 Art—Fractional interests ..        
4 Books and publications ..      
5 Clothing and household
goods ....... 		     
6 Cars and other vehicles ..        
7 Boats and planes ....        
8 Intellectual property ...        
9 Securities—Publicly traded . X 27 1,170,404 FAIR MARKET VALUE
10 Securities—Closely held stock .        
11 Securities—Partnership, LLC,
or trust interests .... 		       
12 Securities—Miscellaneous ..        
13 Qualified conservation
contribution—Historic
structures ..... 		       
14 Qualified conservation
contribution—Other ... 		       
15 Real estate—Residential .        
16 Real estate—Commercial ..        
17 Real estate—Other ...        
18 Collectibles .....        
19 Food inventory ... X 28 46,548 FAIR MARKET VALUE
20 Drugs and medical supplies .        
21 Taxidermy ......        
22 Historical artifacts ....        
23 Scientific specimens ..        
24 Archeological artifacts ...        
25 Other Right pointing arrow large image ( EVENT TICKETS ) X 1 745 FAIR MARKET VALUE
26 Other Right pointing arrow large image( )
27 Other Right pointing arrow large image( )
28 Other Right pointing arrow large image ( )
29
Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement ...
29
 
Yes
No
30a
During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 28, that
it must hold for at least three years from the date of the initial contribution, and which is not required to be used
for exempt purposes for the entire holding period? ..................
30a
 
No
b
If "Yes," describe the arrangement in Part II.
31
Does the organization have a gift acceptance policy that requires the review of any non-standard contributions?
31
Yes
 
32a
Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash
contributions? ..........................
32a
 
No
b
If "Yes," describe in Part II.
33
If the organization did not report an amount in column (c) for a type of property for which column (a) is checked,
describe in Part II.
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 51227J
Schedule M (Form 990) (2013)
Schedule M (Form 990) (2013)
Page 2
Part II
Supplemental Information. Provide the information required by Part I, lines 30b,
32b, and 33, and whether the organization is reporting in Part I, column (b), the number of contributions, the number of items received, or a combination of both. Also complete this part for any additional information.
Return Reference Explanation
PART I, COLUMN (B): THE NUMBER OF STOCK CONTRIBUTIONS IS BASED ON THE NUMBER OF GIFTS RECEIVED. THE NUMBER OF ART CONTRIBUTIONS IS BASED ON THE NUMBER OF GIFTS OF ARTWORK. THE NUMBER OF FOOD INVENTORY AND EVENT TICKET CONTRIBUTIONS IS BASED ON THE NUMBER OF CONTRIBUTORS.
PART I, LINE 33: CONTRIBUTED ART COLLECTION ITEMS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS AS PERMITTED UNDER SFAS 116 (ASC 958).
Schedule M (Form 990) (2013)
Additional Data


Software ID:  
Software Version:  
SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
THE INSTITUTE OF CONTEMPORARY ART INC
 
Employer identification number

04-2104327
Return Reference Explanation
FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED BY THE ICA'S CFO/COO FOR COMPLETENESS AND THEN IS FORWARDED TO THE ICA'S AUDIT COMMITTEE FOR REVIEW AND DISCUSSION WITH OUTSIDE INDEPENDENT ACCOUNTANTS. THE AUDIT COMMITTEE IS RESPONSIBLE FOR APPROVING THE FORM 990 FOR SUBMITTAL TO THE IRS. PRIOR TO SENDING THE FORM 990 TO THE IRS THE ICA'S CFO/COO WILL SEND A COPY OF THE DOCUMENT TO EACH ICA TRUSTEE.
FORM 990, PART VI, SECTION B, LINE 12C EACH FALL, THE ICA REQUIRES ALL ITS TRUSTEES TO DISCLOSE ANY CONFLICT OF INTEREST ON A DISCLOSURE STATEMENT. THE PURPOSE OF THE CONFLICT OF INTEREST POLICY IS TO GIVE GUIDANCE TO THE ICA'S LEADERS ABOUT AREAS OF CONFLICT OF INTEREST SO THAT CONFLICTS, REAL OR PERCEIVED, MAY BE IDENTIFIED EARLY, DISCLOSED, AND RESOLVED APPROPRIATELY. IDEALLY, THIS POLICY WILL PROTECT THE ICA'S INTERESTS WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTERESTS OF AN OFFICER OR TRUSTEE. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, A FIDUCIARY SHALL DISCLOSE ALL MATERIAL FACTS TO THE PRESIDENT, CHAIRPERSON OR DIRECTOR AT THE EARLIEST POSSIBLE TIME AFTER THE SITUATION BECOMES KNOWN TO THE FIDUCIARY. THE FIDUCIARY SHALL ALSO DISCLOSE SUCH MATTERS ON AN ANNUAL BASIS AT THE TIME THE FIDUCIARY SIGNS THE ANNUAL STATEMENT OF THIS POLICY, OR OTHER REPORTING AND CERTIFICATION PROCEDURES AS THE BOARD OF TRUSTEES SHALL REQUIRE FROM TIME TO TIME. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE FIDUCIARY, THE EXECUTIVE COMMITTEE OF THE BOARD SHALL FINALLY DETERMINE WHETHER ANY CONFLICT OF INTEREST EXISTS. IF THE FIDUCIARY IS PRESENT FOR THIS DISCUSSION, THEN THE FIDUCIARY SHALL LEAVE THE EXECUTIVE COMMITTEE OF THE BOARD MEETING WHILE THE DETERMINATION OF CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. IF THE EXECUTIVE COMMITTEE OF THE BOARD DETERMINES THAT A CONFLICT EXISTS WITH RESPECT TO A TRANSACTION, THE EXECUTIVE COMMITTEE OF THE BOARD SHALL: (A)ALLOW THE FIDUCIARY TO MAKE A PRESENTATION TO THE EXECUTIVE COMMITTEE OF THE BOARD, BUT AFTER SUCH PRESENTATION, THE FIDUCIARY WITH THE FINANCIAL INTEREST SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION THAT INVOLVES THE CONFLICT OF INTEREST; (B)APPOINT, IF THE EXECUTIVE COMMITTEE OF THE BOARD DEEMS IT APPROPRIATE TO DO SO, A NON INTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE TRANSACTION; (C)DETERMINE, BY A MAJORITY VOTE OF THE NON INTERESTED TRUSTEE MEMBERS OF THE EXECUTIVE COMMITTEE PRESENT, WHETHER THE TRANSACTION IS IN THE ICA'S BEST INTEREST AND FOR ITS OWN BENEFIT; IS FAIR AND REASONABLE TO THE ICA; AND, AFTER EXERCISING DUE DILIGENCE, DETERMINE WHETHER THE ICA CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION WITH REASONABLE EFFORTS UNDER THE CIRCUMSTANCES; AND (D)TAKE APPROPRIATE ACTION WITH RESPECT TO ANY VIOLATION OF THIS CONFLICT OF INTEREST POLICY.
FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION FOR THE DIRECTOR IS REVIEWED AND APPROVED BY THE ICA'S COMPENSATION COMMITTEE. THIS COMMITTEE ALSO REVIEWS THE COMPENSATION FOR THE ICA'S SENIOR MANAGEMENT TEAM (CHIEF OPERATING AND CHIEF FINANCIAL OFFICERS, CHIEF CURATOR, DIRECTOR OF EXTERNAL RELATIONS, DIRECTOR OF DEVELOPMENT, DIRECTOR OF EDUCATION AND DIRECTOR OF PERFORMING AND MEDIA ARTS) BUT FINAL COMPENSATION FOR THE SENIOR MANAGEMENT TEAM IS DETERMINED BY THE DIRECTOR. THE COMPENSATION COMMITTEE USES THE ANNUAL SALARY SURVEY FROM THE AMERICAN ASSOCIATION OF MUSEUM DIRECTORS AND FORM 990 DATA FROM SIMILAR ORGANIZATIONS.
FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). IN ADDITION, THE ORGANIZATION'S FORM 990 IS AVAILABLE VIA GUIDESTAR AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE.
FORM 990, PART XI, LINE 9: DISCOUNT ON UNCONDITIONAL PROMISES TO GIVE -99,934. LOSS ON SPLIT INTEREST AGREEMENT 42,402.
FORM 990, PART III, LINE 4A CONTINUATION: MARY REID KELLEY FOTENE DEMOULAS GALLERY, JULY 31-OCTOBER 27, 2013 COMPOSED OF LIVE ACTION AND STOP-MOTION ANIMATION, THE SOUTH CAROLINA NATIVE'S NARRATIVE VIDEOS PRESENT HISTORICAL OR MYTH-BASED STORIES. AT THE CENTER OF EACH IS A MAIN CHARACTER OR NARRATOR PLAYED BY REID KELLEY, WHO APPEARS COSTUMED, BEWIGGED, AND PRACTICALLY UNRECOGNIZABLE, HER FACE PAINTED WHITE WITH FEATURES DEFINED IN BLACK. A TRAINED PAINTER, REID KELLEY CREATES ALL OF HER COSTUMES, PROPS, AND SETS IN BLACK AND WHITE, CREATING A KIND OF THREE-DIMENSIONAL DRAWING. EVERYTHING IS DRAWN AND PAINTED, AND INTENDED TO LOOK SO. ALONG WITH A SPRINKLING OF AUXILIARY CHARACTERS, MANY OF WHOM SHE ALSO PLAYS, REID KELLEY'S NARRATORS BRING TO LIFE ERAS OF SIGNIFICANT HISTORICAL CHANGE, OFTEN MOMENTS WHEN WOMEN'S ROLES WERE TRANSFORMED, IN PLAYFULLY BAWDY, PUN-LADEN VERSE. IN SADIE THE SADDEST SADIST (2009), WE HEAR FROM A WORLD WAR I-ERA WOMAN WHO GOES TO WORK IN A MUNITIONS FACTORY, MEETS A SAILOR, AND CONTRACTS THE CLAP. IN THE SYPHILIS OF SISYPHUS (2011), A PREGNANT PARISIAN PROSTITUTE EXTOLS THE VIRTUE OF COSMETICS, REPORTS ON THE FRENCH REVOLUTION, AND IS CARTED OFF TO AN ASYLUM TO BE TREATED FOR HYSTERIA. AESTHETICALLY, THE WORKS DRAW INSPIRATION FROM SUCH VARIED MATERIALS AS NEWSPAPER COMIC STRIPS AND FUTURIST MANIFESTOS, AND ARTISTS SUCH AS MARCEL DUCHAMP AND FERNAND LEGER, WHILE INTELLECTUALLY, SOURCES RANGE FROM POETRY TO PHILOSOPHY TO HISTORY. THE EXHIBITION INCLUDED FOUR VIDEOS CREATED BETWEEN 2008 AND THE PRESENT, WITH PROGRESSIVELY HIGHER PRODUCTION VALUES THANKS IN PART TO THE CONTRIBUTION OF REID KELLEY'S COLLABORATOR AND HUSBAND PATRICK KELLEY, WHO DIGITALLY ASSEMBLES ELEMENTS SHOT ON GREEN SCREEN. AMONG THE WORKS WAS REID KELLEY'S MOST RECENT, PRIAPUS AGONISTES, AN ADAPTATION OF THE GREEK MINOTAUR MYTH THAT RECASTS PRIAPUS-A GOD OF FERTILITY AND PROTECTOR OF LIVESTOCK KNOWN FOR HIS LARGE, ENDURING ERECTION-AS A VOLLEYBALL PLAYER. PITTING RELIGION AGAINST MYTH, PRIAPUS REPRESENTS A SHIFT FOR REID KELLEY, ALTHOUGH AS IN ALL OF HER WORKS TO DATE, HUMANKIND'S PERENNIAL DESIRE TO ESCAPE THE ROLES ASSIGNED BY NATURE AND CULTURE REMAINS AT THE HEART OF THE WORK. REID KELLEY'S WORK MAKES THIS PLIGHT PALPABLE THROUGH HISTORY, AND PALATABLE THROUGH COMEDY. ORGANIZED BY JENELLE PORTER, MANNION FAMILY SENIOR CURATOR. AMY SILLMAN: ONE LUMP OR TWO WEST GALLERY, OCTOBER 3, 2013-JANUARY 5, 2014 AMY SILLMAN HAS BEEN AT THE FOREFRONT OF THE RECENT DISCUSSIONS OF AFFECT AND PAINTING, INFLUENCING THIS DISCOURSE THROUGH HER SOPHISTICATED WRITINGS, DRAMATIC SHIFTS IN HER "STYLE," AND IN HER ROLE AS THE HEAD OF THE PAINTING PROGRAM AT BARD COLLEGE'S MFA PROGRAM. SINCE THE LATE 1990S THE ARC OF SILLMAN'S WORK HAS TAKEN A DRAMATIC TURN. HER MATURE WORK BEGINS WITH HER EXPLORATION OF THE CARTOON LINE COMBINED WITH A WILD HIGH KEYED PALETTE. THESE WORKS COMBINED NEUROSIS AND HAPPINESS, LONELINESS AND SOCIABILITY, LINE AND COLOR, DRAWING AND PAINTING. DRIVEN BY DRAWING, THE WORK HAS MORPHED, IN PART THROUGH A SERIES OF PORTRAITS OF FRIENDS AND COUPLES IN LOVE, INTO SILLMAN'S EXPLORATION OF THE ONGOINGNESS OF ABSTRACT EXPRESSIONISM. IS IT POSSIBLE TO MAKE AN ABSTRACT EXPRESSIONIST PAINTING IN THE 21ST CENTURY? THIS QUESTION WAS IN TURN COMPLICATED BY SILLMAN'S INTRODUCTION OF THE DIAGRAMMATIC LINE INTO HER PAINTINGS. THE ABSTRACT AND THE DIAGRAM WERE YET ANOTHER LAYER OF PUSH-PULL IN THE PAINTINGS, AS ABSTRACTION AND FIGURATION WERE ASKED TO RUB UP AGAINST ONE ANOTHER. AS THEY HAVE DONE SO, SILLMAN HAS BEGUN TO MAKE DRAWINGS ON HER IPHONE AND TRANSFORM THEM INTO MOVIES. IN THESE SMALL FILMS WE SEE A SYNTHESIS OF MANY OF HER CONCERNS, AS THE FILMS REVEL IN THE NEUROTIC FIGURATION OF HER EARLY CARTOON PAINTINGS WHILE DELVING FURTHER INTO THE SPACES OF ABSTRACTION, COLOR, AND THE DIAGRAMMATIC LINE OPENED UP BY THE MORE RECENT PAINTINGS. THIS EXHIBITION WAS JOYFUL AND EXCITING, AS WE WATCHED AN ARTIST'S OEUVRE CHANGE RADICALLY OVER THE COURSE OF 15 YEARS, ALL THE WHILE PURSUING THE FUNDAMENTAL QUESTIONS OF HOW IT IS THAT PAINTINGS COME TO ENGENDER IN THEIR VIEWERS A WIDE RANGE OF COMPETING EMOTIONS. ORGANIZED BY HELEN MOLESWORTH, BARBARA LEE CHIEF CURATOR. CHRISTINA RAMBERG PAUL AND CATHERINE BUTTENWIESER GALLERY, NOVEMBER 13, 2013-MARCH 2, 2014 AS A STUDENT AT THE SCHOOL OF THE ART INSTITUTE OF CHICAGO (SAIC) IN THE LATE 1960S, RAMBERG DEMONSTRATED A PREOCCUPATION WITH 1950S GENDER CONSTRUCTIONS, HER PAINTINGS DEPICTING BODIES FORCED INTO SUBMISSION BY UNDERGARMENTS DESIGNED TO CREATE AN IDEAL FEMALE FORM. IN THE 1970S, SHE MOVED TOWARD ANDROGYNOUS, LESS SEXUALIZED FIGURES AND THEN TO GROTESQUE, NON-HUMAN ONES WHOSE PARTS METAMORPHOSE INTO URNS AND CHAIR BACKS, ELIDING THE BOUNDARIES BETWEEN FIGURATION AND ABSTRACTION, HUMAN AND OBJECT. THROUGHOUT THIS EVOLUTION, A SIGNATURE STYLE REMAINS: SOMBER COLORS, METICULOUS SURFACES, AND FIGURES FILLING A SHALLOW FIELD, CROPPED AT NECK AND KNEE. APPARENT ARE THE ARTIST'S KEEN EYE FOR PATTERN AND LINE AND ALMOST LIMITLESS INFLUENCES, FROM EARLY RENAISSANCE PAINTING TO SURREALISM TO MEDICAL ILLUSTRATION. RAMBERG ENJOYED MODEST SUCCESS IN HER LIFETIME BUT HAS BEEN LARGELY OVERLOOKED SINCE HER UNTIMELY DEATH IN 1995 AT AGE 49. THIS EXHIBITION FOCUSED ON PAINTINGS MADE BETWEEN 1971 AND 1981, A PERIOD DURING WHICH SHE CREATED A RADICAL, ENIGMATIC, AND ACCOMPLISHED BODY OF WORK. IN THE LATER PAINTINGS, THE MATURE ARTIST RETURNED TO EARLIER THEMES WITH NEW INNOVATION AND FORMAL CLARITY. TITLES LIKE FREEZE AND MELT SHOW A FASCINATION WITH TRANSFORMATION, AS RAMBERG RECOGNIZED THAT MATERIALS AND IDENTITIES-WHETHER LIQUID OR THE FEMALE BODY-ARE MUTABLE. ORGANIZED BY JENELLE PORTER, MANNION FAMILY SENIOR CURATOR. LATOYA RUBY FRAZIER: WITNESS FOTENE DEMOULAS GALLERY, NOVEMBER 13, 2013-MARCH 2, 2014 COMBINING THE GENRES OF SOCIAL DOCUMENTARY PHOTOGRAPHY AND PORTRAITURE, LATOYA RUBY FRAZIER CREATES PHOTOGRAPHS AND VIDEOS THAT ADDRESS ISSUES OF PROPAGANDA, POLITICS, AND THE IMPORTANCE OF INDIVIDUAL IDENTITY AND AGENCY. THE PRIMARY FOCUS OF FRAZIER'S WORK IS THE SOCIAL, ECONOMIC, AND ENVIRONMENTAL DETERIORATION OF HER HOMETOWN OF BRADDOCK, PENNSYLVANIA-ONCE HOME TO A THRIVING STEEL INDUSTRY-AND ITS EFFECT ON THE LIVES OF HER FAMILY. LATOYA RUBY FRAZIER: WITNESS FEATURED 30 WORKS, INCLUDING PHOTOGRAPHS, VIDEO, DIGITAL WORK, AND A RECENT PHOTOLITHOGRAPH SERIES. FRAZIER'S DOCUMENTARY PRACTICE IS INFORMED BY THE WORK OF DEPRESSION-ERA PHOTOGRAPHERS, SUCH AS WALKER EVANS, DOROTHEA LANGE, AND GORDON PARKS, WHO WERE HIRED BY THE FARM SECURITY ADMINISTRATION (FSA) TO DOCUMENT THE PLIGHT OF DESTITUTE FARMERS AND THEIR FAMILIES. THESE ARTISTS DEVELOPED A STYLE OF PHOTOGRAPHY THEY HOPED WOULD AROUSE THE PUBLIC'S CONCERN FOR SOCIAL AND POLITICAL CHANGE. FRAZIER SPEAKS TO THIS LEGACY BY CREATING A VISUAL HISTORY OF THE IMPACT OF DEINDUSTRIALIZATION THROUGH DEPICTIONS OF BRADDOCK ITSELF AND A PARTICULARLY INTIMATE SELECTION OF ITS RESIDENTS--HERSELF, HER MOTHER, AND HER GRANDMOTHER. THOUGH THE SUBJECT IS PERSONAL, FRAZIER'S REPRESENTATIONS OF THE LANDSCAPE AND THE BODY DRAW CRITICAL ATTENTION TO LARGER ISSUES OF SOCIAL AND ENVIRONMENTAL DECLINE. THIS EXHIBITION WAS ORGANIZED BY THE CONTEMPORARY ART MUSEUM HOUSTON. THE ICA INSTALLATION WAS COORDINATED BY ANNA STOTHART, ASSISTANT CURATOR. NICK CAVE WEST GALLERY, FEBRUARY 5-MAY 4, 2014 NICK CAVE FIRST GAINED WIDESPREAD RECOGNITION FOR HIS "SOUNDSUITS": FULL-BODY OUTFITS CRAFTED FROM DISCARDED OBJECTS FOUND IN ANTIQUE SHOPS AND FLEA MARKETS. PART SCULPTURE, PART COSTUME, THE COMPLEX, KALEIDOSCOPICALLY COLORFUL WORKS OF ART CAN BE DISPLAYED AS OBJECTS, AND ALSO OFTEN FEATURE IN SOLO AND GROUP MOVEMENT PERFORMANCES. THEY ARE THE KIND OF ARTISTIC HYBRIDS THAT COULD ONLY BE CREATED BY AN ARTIST SUCH AS CAVE, WHO TRAINED AS A DANCER THROUGH THE ALVIN AILEY AMERICAN DANCE THEATER AND NOW DIRECTS THE FASHION GRADUATE PROGRAM AT THE SCHOOL OF THE ART INSTITUTE OF CHICAGO. ALTHOUGH THE SUITS APPEAR VIBRANT AND JOYFUL, CRAFTED FROM MATERIALS SUCH AS BUTTONS, BEADS, AND BRIGHT SYNTHETIC FUR, THEIR ORIGIN IS MORE SOBER. CAVE CREATED HIS FIRST SOUNDSUIT AFTER THE RODNEY KING BEATING IN 1992. "I BUILT THIS SORT OF SUIT OF ARMOR, AND BY PUTTING IT ON, I REALIZED THAT I COULD A MAKE A SOUND FROM MOVING IN IT," CAVE TOLD THE WASHINGTON POST. "IT MADE ME THINK OF IDEAS AROUND PROTEST, AND HOW WE SHOULD BE A VOICE AND SPEAK LOUDER." MORE RECENTLY, THE CHICAGO-BASED ARTIST HAS APPLIED HIS SIGNATURE ASSEMBLAGE TECHNIQUES TO FREESTANDING SCULPTURES BURSTING WITH CERAMIC FLOWERS AND BIRDS, BEADS, AND OTHER CAST-OFF ODDITIES-EVEN FURNITURE AND LIFE-SIZE DOG FIGURINES. CAVE RECOGNIZES SIMILARITIES BETWEEN THESE FIGURINES, WHICH HE "RESCUES" FROM FLEA MARKETS AND ANTIQUE SHOPS, AND DOGS RESCUED FROM ANIMAL SHELTERS. THE EXHIBITION WILL PRESENT A SELECTION OF THESE NEW CREATIONS, AS WELL AS SEVERAL NEW SOUNDSUITS AND LARGE BAS-RELIEF SCULPTURES THAT CAVE CALLS "PAINTINGS." ORGANIZED BY JENELLE PORTER, MANNION FAMILY SENIOR CURATOR. WILLIAM KENTRIDGE: T
FORM 990, PART III, LINE 4C CONTINUATION: HARVARD GRADUATE SCHOOL OF EDUCATION HAWTHORNE YOUTH AND COMMUNITY CENTER HIGHLAND STREET FOUNDATION FREE FUN FRIDAY MASSACHUSETTS COLLEGE OF ART AND DESIGN ARTZ: ARTISTS FOR ALZHEIMERS (X3) BOSTON CHILDREN'S CHORUS BOSTON CHILDREN'S HOSPITAL OUTREACH PROGRAM (X9) BOSTON CITY LIGHTS (X2) BOSTON PUBLIC LIBRARY (X7) BOSTON PUBLIC SCHOOLS BOSTON UNIVERSITY SCHOOL OF VISUAL ART BROOKE CHARTER SCHOOLS (APRIL 2014) COMMUNITY ART CENTER/DO IT YOUR DAMN SELF!! NATIONAL YOUTH FILM FESTIVAL LABOURE CENTER (YOUTH TUTORING YOUTH PROGRAM) ROSIE'S PLACE (X5) UNIVERSITY OF MASSACHUSETTS, BOSTON/URBAN SCHOLARS PROGRAM URBANITY DANCE (X2) VISUAL CULTURE CONSORTIUM TOUR PROGRAMS OUR PUBLIC AND PRIVATE TOUR PROGRAMS SERVED THE FOLLOWING NUMBER OF PARTICIPANTS IN FY14. PUBLIC TOURS: 4,084 PRIVATE TOURS (GUIDED AND SELF GUIDED): 10,010
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2013

Additional Data


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SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
MediumBulletComplete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBulletAttach to Form 990. MediumBullet See separate instructions.
MediumBullet Information about Schedule R (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
THE INSTITUTE OF CONTEMPORARY ART INC
 
Employer identification number

04-2104327
Part I
Identification of Disregarded Entities Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) of disregarded entity


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Total income


 		(e)
End-of-year assets


 		(f)
Direct controlling
entity










Part II
Identification of Related Tax-Exempt Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.
(a)
Name, address, and EIN of related organization


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Exempt Code section


 		(e)
Public charity status
(if section 501(c)(3))

 		(f)
Direct controlling
entity

 		(g)
Section 512(b)(13) controlled entity?
Yes No












For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2013
Schedule R (Form 990) 2013
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.
(a)
Name, address, and EIN of
related organization



 		(b)
Primary activity




 		(c)
Legal
domicile
(state or foreign
country)


 		(d)
Direct controlling
entity



 		(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




 		(g)
Share of end-of-year
assets



 		(h)
Disproprtionate allocations?




 		(i)
Code V-UBI
amount in box 20 of
Schedule K-1
(Form 1065)
 		(j)
General or
managing
partner?



 		(k)
Percentage
ownership
Yes No Yes No












Part IV
Identification of Related Organizations Taxable as a Corporation or Trust Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
 		(b)
Primary activity
 		(c)
Legal
domicile
(state or foreign
country)
 		(d)
Direct controlling
entity
 		(e)
Type of entity
(C corp, S corp,
or trust) 		(f)
Share of total income
 		(g)
Share of end-of-year
assets
 		(h)
Percentage
ownership
 		(i)
Section 512(b)(13) controlled entity?
Yes No
(1) CHARITABLE REMAINDER UNITRUSTS (2)

 
 
CHARITABLE TRUSTS MA ICA
  		        Yes  












Schedule R (Form 990) 2013
Schedule R (Form 990) 2013
Page 3
Part V
Transactions With Related Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
Yes
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest (ii) annuities (iii) royalties or (iv) rent from a controlled entity . . . . . . . . . . . . . . . . . . . . . . .
1a
 
No
b Gift, grant, or capital contribution to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1b
 
No
c Gift, grant, or capital contribution from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1c
 
No
d Loans or loan guarantees to or for related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1d
 
No
e Loans or loan guarantees by related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1e
 
No
f Dividends from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1f
 
No
g Sale of assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1g
 
No
h Purchase of assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1h
 
No
i Exchange of assets with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1i
 
No
j Lease of facilities, equipment, or other assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1j
 
No
k Lease of facilities, equipment, or other assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . .
1k
 
No
l Performance of services or membership or fundraising solicitations for related organization(s) . . . . . . . . . . . . . . . . . . . .
1l
 
No
m Performance of services or membership or fundraising solicitations by related organization(s) . . . . . . . . . . . . . . . . . . . .
1m
 
No
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) . . . . . . . . . . . . . . . . . . . . .
1n
 
No
o Sharing of paid employees with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1o
 
No
p Reimbursement paid to related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1p
 
No
q Reimbursement paid by related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1q
 
No
r Other transfer of cash or property to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1r
 
No
s Other transfer of cash or property from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1s
 
No
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of related organization 		(b)
Transaction
type (a-s) 		(c)
Amount involved 		(d)
Method of determining amount involved





Schedule R (Form 990) 2013
Schedule R (Form 990) 2013
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity 		(b)
Primary activity 		(c)
Legal domicile
(state or foreign
country) 		(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)

(e)
Are all partners
section
501(c)(3)
organizations? 		(f)
Share of total income




 		(g)
Share of
end-of-year
assets 		(h)
Disproprtionate allocations? 		(i)
Code V?UBI
amount in box 20
of Schedule K-1
(Form 1065) 		(j)
General or
managing
partner? 		(k)
Percentage
ownership
Yes No Yes No Yes No






























Schedule R (Form 990) 2013
Schedule R (Form 990) 2013
Page 5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R (see instructions).
Return Reference Explanation
Schedule R (Form 990) 2013
Additional Data


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