Form990
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Department of the TreasuryInternal 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)
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OMB No. 1545-0047
2019
Open to Public Inspection
A For the 2019 calendar year, or tax year beginning 07-01-2017 , and ending 06-30-2018
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)
25 HARBOR SHORE DRIVE
 
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 $ 35,761,612
F Name and address of principal officer:
JILL MEDVEDOW
25 HARBOR SHORE DRIVE
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 ("ICA") 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 2019 (Part V, line 2a) ...... 5 263
6 Total number of volunteers (estimate if necessary) ............. 6 163
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a -85,377
b Net unrelated business taxable income from Form 990-T, line 39 ......... 7b -55,990
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 20,951,011 30,290,807
9 Program service revenue (Part VIII, line 2g) ......... 1,806,806 1,710,066
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 852,947 393,741
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 81,901 -63,456
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12) 23,692,665 32,331,158
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) 7,105,236 7,534,332
16a Professional fundraising fees (Part IX, column (A), line 11e) ..... 25,262 23,267
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet1,383,906    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 8,033,481 9,401,855
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 15,163,979 16,959,454
19 Revenue less expenses. Subtract line 18 from line 12....... 8,528,686 15,371,704
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 94,045,182 114,520,974
21 Total liabilities (Part X, line 26)............. 5,752,963 8,976,024
22 Net assets or fund balances. Subtract line 21 from line 20..... 88,292,219 105,544,950
Part II
Signature Block
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Cat. No. 11282Y Form 990 (2019)
Form 990 (2019)
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 ("ICA") 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 $ 7,084,981 including grants of $   ) (Revenue $ 837,919 )
ART EXHIBITIONS: GALLERY PRESENTATIONS: THE ICA PRESENTED THE FOLLOWING 15 CONTEMPORARY ART EXHIBITIONS FEATURING PAINTING, DRAWING, SCULPTURE, VIDEO, INSTALLATION, AND MORE. ATTENDANCE FOR THE GALLERY EXHIBITS TOTALED 156,776 VISITORS, AND TOTAL PROGRAMMING ATTENDANCE WAS 216,072 IN FY18.GILLIAN WEARING: ROCK 'N' ROLL 70DECEMBER 9, 2016 - DECEMBER 31, 2017SANDRA AND GERALD FINEBERG ART WALLBEST KNOWN FOR HER PHOTOGRAPHIC AND VIDEO WORKS THAT INTIMATELY CAPTURE ASPECTS OF OUR FAMILIAL AND PERSONAL HISTORIES, GILLIAN WEARING (B. 1963, BIRMINGHAM, UK) CONTINUES TO EXPLORE THE NUANCES OF IDENTITY, THE INTERSECTIONS OF PUBLIC AND PRIVATE, AND THE PERFORMATIVITY OF SELF. WEARING'S MONUMENTAL PHOTOGRAPHIC INSTALLATION ROCK 'N' ROLL 70 (FIRST ITERATION DONE IN 2015) WAS A SITE-SPECIFIC COMMISSION FOR THE SANDRA AND GERALD FINEBERG ART WALL, AND THE FIRST PRESENTATION IN BOSTON OF THE CELEBRATED ARTIST'S WORK. USING A SELF-PORTRAIT, WEARING ASKED INDIVIDUALS WORKING WITH AGE-PROGRESSING TECHNOLOGY TO DIGITALLY ENHANCE PORTRAITS OF THE ARTIST TO SEE WHAT SHE MIGHT LOOK LIKE AT AGE 70. PRINTED AS WALLPAPER, THESE AGED PORTRAITS SHOW THE DIVERSITY OF POSSIBILITIES OF THE ARTIST'S FUTURE SELF. THEY DIFFER SLIGHTLY OR IMMENSELY FROM EACH OTHER, REVEALING THE LIMITATIONS OF PIONEERING TECHNOLOGY AND THE MUTABILITY OF VISUAL IDENTITY. ON TOP OF THE WALLPAPER HANGS A FRAMED TRIPTYCH OF PHOTOGRAPHIC PORTRAITS, CONSISTING OF THE ARTIST AT HER CURRENT AGE, AN ENHANCED PORTRAIT, AND A BLANK LAST SPACE, AS WEARING INTENDS TO MAKE A SELF-PORTRAIT WHEN SHE TURNS 70. IN A WORLD OVERSATURATED BY IMAGES, PARTICULARLY "SELFIES," WEARING EXPLORES THE COMPLEXITIES OF IDENTITY AS MEDIATED THROUGH TECHNOLOGY.ORGANIZED BY EVA RESPINI, BARBARA LEE CHIEF CURATOR, AND JESSICA HONG, CURATORIAL ASSOCIATE.2017 JAMES AND AUDREY FOSTER PRIZEFEBRUARY 15 - JULY 9, 2017PAUL AND CATHERINE BUTTENWIESER AND FOTENE DEMOULAS GALLERIESTHE JAMES AND AUDREY FOSTER PRIZE IS KEY TO THE ICA'S EFFORTS TO NURTURE AND RECOGNIZE BOSTON-AREA ARTISTS OF EXCEPTIONAL PROMISE. FIRST ESTABLISHED IN 1999, THE JAMES AND AUDREY FOSTER PRIZE (FORMERLY THE ICA ARTIST PRIZE) EXPANDED ITS FORMAT WHEN THE MUSEUM OPENED ITS NEW FACILITY IN 2006. JAMES AND AUDREY FOSTER, PASSIONATE COLLECTORS AND SUPPORTERS OF CONTEMPORARY ART, ENDOWED THE PRIZE, ENSURING THE ICA'S ABILITY TO SUSTAIN AND GROW THE PROGRAM FOR YEARS TO COME. THE 2017 PRIZE AND EXHIBITION FEATURED THE WORK OF SONIA ALMEIDA, JENNIFER BORNSTEIN, LUCIEN CASTAING-TAYLOR AND VERENA PARAVEL, AND LUCY KIM-ARTISTS WORKING AT A NATIONAL AND INTERNATIONAL LEVEL WHOSE WORK HAS RECEIVED LIMITED EXPOSURE HERE IN BOSTON. IN MEDIA INCLUDING PAINTING, SCULPTURE, PRINTMAKING, FILM, AND VIDEO, AND EXPLORING A RANGE OF THEMES AND SUBJECTS, EACH OF THE ARTISTS ENGAGE THE HUMAN BODY WITH A TACTILE APPROACH TO ITS CULTURAL, PSYCHOLOGICAL, AND HISTORICAL RESONANCES. EACH OF THE ARTISTS PRESENTED A MAJOR WORK, OR GROUP OF WORKS, ON VIEW FOR THE FIRST TIME IN BOSTON. CENTRAL TO THE EXHIBITION, THIS ITERATION OF THE JAMES AND AUDREY FOSTER PRIZE FEATURED A NEW PROGRAM, THE FOSTER TALKS, ENABLING AUDIENCES TO ENGAGE MORE DEEPLY IN THE WORK AND PRACTICE OF THE PRIZE WINNERS. OVER THE COURSE OF THE EXHIBITION, EACH ARTIST PRESENTED THEIR WORK AND INVITED AN IMPORTANT WRITER, ARTIST, PERFORMER, RESEARCHER, OR OTHER INFLUENCE ON THEIR PRACTICE. THE CONVERSATIONS WERE FOLLOWED BY A FREE RECEPTION, OPEN TO THE PUBLIC. THE FOSTER TALKS CONNECTED QUESTIONS AROUND CONTEMPORARY ART TO A BROAD RANGE OF CULTURAL, INTELLECTUAL, AND POLITICAL ISSUES, CREATING RELATIONSHIPS BETWEEN ART AND DIFFERENT FIELDS.ORGANIZED BY DAN BYERS, MANNION FAMILY SENIOR CURATOR, WITH JEFFREY DE BLOIS, CURATORIAL ASSOCIATE.ICA COLLECTION: NEW ACQUISITIONSFEBRUARY 15, 2017 - FEBRUARY 25, 2018KIM AND JIM PALLOTTA GALLERYTHOUGH FOUNDED IN 1936, THE ICA FORMED ITS PERMANENT COLLECTION JUST TEN YEARS AGO. AFTER THE EXPANSIVE PRESENTATION IN FIRST LIGHT: A DECADE OF COLLECTING AT THE ICA, NEW ACQUISITIONS CONTINUED TO FOCUS ON THE INCREDIBLE GROWTH OF THE COLLECTION IN RECENT YEARS. TAKING AN APPROACH COMMON IN LARGER MUSEUMS, THE EXHIBITION SHOWCASED WORKS IN A RANGE OF MEDIUMS ACQUIRED IN THE PAST THREE YEARS. DATING FROM THE 1970S TO THE PRESENT, THE WORKS ON VIEW FOCUSED ON THE USE OF LANGUAGE AS A MATERIAL IN ART, THE VULNERABILITY OF THE HUMAN BODY, AND THE ABILITY OF ARTWORKS TO SHAPE-SHIFT, TAKING ON THE CHARACTER OF ARCHITECTURE, DECOR, OR FOUND OBJECTS. AMONG THE NEW ACQUISITIONS WAS SARAH SZE'S HIDDEN RELIEF (2001), A MAJOR SCULPTURAL WORK BY THE BOSTON NATIVE THAT TRANSFORMS A CORNER OF THE GALLERY INTO A MESMERIZING NETWORK OF SHAPES, LINES, LIGHTS, AND RULERS. MIKA ROTTENBERG'S 2015 VIDEO NONOSEKNOWS (50 KILOS VARIANT) BRINGS THE NEW YORK-BASED ARTIST'S PENCHANT FOR THE VISCERAL AND THE ABSURD TO BEAR ON CHINA'S CULTURED PEARL INDUSTRY. HENRY TAYLOR'S FAMILY PORTRAIT I'M YOURS (2015), A POWERFUL AND MEMORABLE CONTRIBUTION TO ONE OF ART'S OLDEST GENRES, PRESENTS A TRIO OF FIGURES CHARACTERIZED BY DETERMINATION AND RESOLVE.NEW ACQUISITIONS ALSO FEATURED WORKS BY SADIE BENNING, SOPHIE CALLE, JIMMY DESANA, SHANNON EBNER, JENNY HOLZER, REE MORTON, WILLIAM POPE.L, KEITH SONNIER, AND HAEGUE YANG, AMONG OTHERS.ORGANIZED BY RUTH ERICKSON, MANNION FAMILY CURATOR, WITH JEFFREY DE BLOIS, ASSISTANT CURATORSTEVE MCQUEEN: ASHESFEBRUARY 15, 2017 - FEBRUARY 25, 2018KIM AND JIM PALLOTTA GALLERYTHE ICA/BOSTON PRESENTED THE U.S. DEBUT OF ASHES (2002-2015), A VIDEO INSTALLATION BY THE ARTIST AND FILMMAKER STEVE MCQUEEN (B. LONDON, UK, 1969). A STANDOUT FROM THE 56TH VENICE BIENNALE IN 2015, ASHES PRESENTS FOOTAGE ON TWO SIDES OF A FREESTANDING SCREEN. ONE SIDE, ORIGINALLY SHOT ON SOFT, GRAINY SUPER 8 FILM, SHOWS A YOUNG, CAREFREE FISHERMAN NAMED ASHES BALANCING PLAYFULLY ON A PITCHING BOAT AGAINST A HORIZON OF BLUE SKY AND WATER. THE OTHER SIDE SHOWS A SECOND PROJECTION, SHOT IN 16MM FILM, THAT CHRONICLES ASHES'S UNEXPECTED FATE. NEVER SEEN TOGETHER, YET LINKED BY A SHARED SOUNDTRACK, THE VIDEOS CONJURE AN EASY VITALITY AND A VIVID DESCRIPTION OF PLACE AGAINST THE DARKER FORCES OF SOCIETY AND FATE.WITH MOVING-IMAGE WORKS THAT CREATE EXQUISITE, VISCERAL RELATIONSHIPS BETWEEN BODIES AND THE SPACES THAT SURROUND OR CONFINE THEM, MCQUEEN'S PRACTICE HAS DEVELOPED FROM ICONIC SILENT VIDEOS TO POIGNANTLY SOUND-DRIVEN WORKS OVER THE PAST TWENTY YEARS. MCQUEEN IS THE RECIPIENT OF THE 1999 TURNER PRIZE AND AN ACADEMY AWARD FOR HIS 2013 FEATURE FILM 12 YEARS A SLAVE, AMONG MANY OTHER HONORS. THE ICA INTRODUCED MCQUEEN TO BOSTON AUDIENCES WITH A FILM PRESENTATION IN 1995.ORGANIZED BY DAN BYERS, MANNION FAMILY SENIOR CURATOR, WITH JEFFREY DE BLOIS, ASSISTANT CURATORNARI WARD: SUN SPLASHEDAPRIL 26 - SEPTEMBER 4, 2017WEST GALLERYNARI WARD: SUN SPLASHED WAS THE LARGEST SURVEY OF THE ARTIST'S WORK TO DATE. EMERGING ALONGSIDE A NOTABLE GROUP OF BLACK ARTISTS IN NEW YORK CITY IN THE 1990S, NARI WARD (B. 1963 IN ST. ANDREW PARISH, JAMAICA) ACTIVELY ENGAGES WITH LOCAL SITES-THEIR HISTORIES, COMMUNITIES, AND ECONOMIES-TO CREATE SPECTACULAR, AMBITIOUSLY SCALED ARTWORKS OUT OF UNLIKELY MATERIALS. HE DERIVES INSPIRATION FROM HIS IMMEDIATE ENVIRONMENT, INCORPORATING FOUND OBJECTS GATHERED IN AND AROUND URBAN NEIGHBORHOODS AND EMBRACING VARIED CULTURAL REFERENCES. WORKING IN SCULPTURE, COLLAGE, PHOTOGRAPHY, VIDEO, INSTALLATION, AND PERFORMANCE, WARD CAPTURES THE MAKESHIFT QUALITIES OF EVERYDAY LIFE AND IMBUES HIS PRODUCTION WITH A VISCERAL RELATIONSHIP TO HISTORY AND THE REAL WORLD. THE EXHIBITION INCLUDED ARTWORKS MADE FROM SODA POP, SHOELACES, SHOPPING CARTS, AND A FIRE ESCAPE, MATERIALS THAT SPEAK TO THE ARTIST'S DISTINCTIVE EXPERIMENTATION. NARI WARD: SUN SPLASHED FOCUSES ON VITAL POINTS OF REFERENCE FOR WARD, INCLUDING HIS NATIVE JAMAICA, CITIZENSHIP, AND MIGRATION, AS WELL AS AFRICAN-AMERICAN HISTORY AND CULTURE, TO EXPLORE THE DYNAMICS OF POWER AND POLITICS IN SOCIETY.ORGANIZED BY PEREZ ART MUSEUM MIAMI ASSOCIATE CURATOR DIANA NAWI. THE BOSTON PRESENTATION WAS COORDINATED BY RUTH ERICKSON, ASSOCIATE CURATOR, THE INSTITUTE OF CONTEMPORARY ART/BOSTON, WITH JESSICA HONG, CURATORIAL ASSOCIATE.DANA SCHUTZJULY 26 - NOVEMBER 26, 2017PAUL AND CATHERINE BUTTENWIESER AND FOTENE DEMOULAS GALLERIESDANA SCHUTZ WAS A CONCISE EXHIBITION OF THE ARTIST'S RECENT WORK. ONE OF THE MOST PROMINENT PAINTERS OF HER GENERATION, THE NEW YORK-BASED SCHUTZ (B. 1976, LIVONIA, MICHIGAN) IS KNOWN FOR HER DISTINCTIVE VISUAL STYLE CHARACTERIZED BY VIBRANT COLOR AND TACTILE BRUSHWORK. HER LARGE-SCALE PAINTINGS CAPTURE IMAGINARY STORIES, HYPOTHETICAL SITUATIONS, AND IMPOSSIBLE PHYSICAL FEATS, SUCH AS SWIMMING WHILE SMOKING AND CRYING.
4b (Code:   ) (Expenses $ 1,689,419 including grants of $   ) (Revenue $   )
PROGRAM MARKETING AND COMMUNICATIONS: DEVELOPED AND IMPLEMENTED MARKETING, ADVERTISING, SOCIAL MEDIA, AND PUBLIC RELATIONS STRATEGIES THAT PROMOTED THE EXPERIENCE OF THE ICA INCLUDING THE MUSEUM'S NEW SEASONS SPACE, THE WATERSHED, EXHIBITIONS, PERFORMANCES, EDUCATIONAL COMMUNITY AND SOCIAL PROGRAMS, AND FREE HOLIDAY MONDAYS TO THE PUBLIC AND ICA MEMBERS. THESE STRATEGIES ALLOWED THE ICA TO WELCOME MORE THAN 221,000 VISITORS TO THE ICA IN FISCAL YEAR 2018.
4c (Code:   ) (Expenses $ 1,557,016 including grants of $   ) (Revenue $ 220,138 )
PERFORMING AND MEDIA ARTSTHE ICA PRESENTS SOME OF THE MOST INNOVATIVE AND FORWARD-LOOKING CHOREOGRAPHERS, MUSICIANS, FILMMAKERS, THEATER COMPANIES AND MULTI-DISCIPLINARY ARTISTS FROM BOSTON AND THE REST OF THE WORLD. IN FY18 WE OFFERED 79 PRESENTATIONS OF 37 INDIVIDUAL PROGRAMS (PERFORMING ARTS AND FILM). ATTENDANCE TOTALED 23,686.WE ORGANIZED 52 PERFORMANCES BY THE FOLLOWING PERFORMERS, ARTISTS AND ENSEMBLE COMPANIES. ATTENDANCE AT THESE PERFORMANCES TOTALED 18,706. DANCE/THEATER-SIMONE DINNERSTEIN AND PAM TANOWITZ DANCE: WORK IN PROGRESS PRESENTATION OF NEW WORK FOR GOLDBERG VARIATIONS-SKELETON ARCHITECTURE-FAYE DRISCOLL: THANK YOU FOR COMING: PLAY-LARS JAN/EARLY MORNING OPERA: THE INSTITUTE OF MEMORY (TIME)-SIMONE DINNERSTEIN AND PAM TANOWITZ DANCE: NEW WORK FOR GOLDBERG VARIATIONS-OKWUI OKPOKWASILI: POOR PEOPLE'S TV ROOM-BOSTON CHILDREN'S CHORUS AND MOVEMENT ART IS FEATURING JON BOOGZ AND LIL BUCK-RYAN MCNAMARA: ME3M 4 BOSTON: A STORY BALLET ABOUT THE INTERNET-WORLD MUSIC/CRASHARTS PRESENTS -DANCE UP -ANNA MYER -HERVE KOUBI -DANZABIERTA -ALONZO KINGMUSIC-HARBORWALK SOUNDS: -OLIVIA SWANN -THE LADLES -SLEEPING LION/LUXH. -LIZJE -MAIS 55 -MIXCLA -NIU RAZA -NAIKA -JESSIE LEITH MUNRO-DJ NIGHTS: -BAIO -CULTURE CLUB PART 1: GUCCI VUITTON, RIOBAMBA, PAT FALCO, WILLIAM CHAMBERS, MATTHEW ZAREMBA, AND SAMO -SPINDERELLA -DEVENDRA BANHART -UPROOT ANDY + TYGAPAW -CULTURE CLUB PART 2: DAYGLOW, DEE DIGGS, JESSE KAMINSKY, KENJI NAKAYAMA, AND J.R. URETSKY-WEYES BLOOD-ZOLA JESUS-MR. HARRISON'S GAMELANS FEATURING JOHNNY GANDELSMAN, SARAH CAHILL, AND THE GAMELAN GALAK TIKA (PRESENTED WITH MIT CAST)-ARDITTI QUARTET (PRESENTED WITH BUCNM)-EMILY HAINES AND THE SOFT SKELETON-SOUNDING THE CLOUD FEATURING NEIL LEONARD, STEPHEN VITIELLO,AND SCANNER (PRESENTED WITH THE BERKLEE COLLEGE OF MUSIC INTERDISCIPLINARY ARTS INSTITUTE)-VIJAY IYER AND TEJU COLE: BLIND SPOT-RUDRESH MAHANTHAPPA (PRESENTED WITH WORLD MUSIC/CRASHARTS)IN FY18 WE PRESENTED 27 SCREENINGS OF THE FOLLOWING FILMS. ATTENDANCE AT THESE SCREENINGS TOTALED 4,980. FILM-BOSTON JEWISH FILM FESTIVAL -OTTAWA INTERNATIONAL ANIMATION FESTIVAL-SUNDANCE FILM FESTIVAL SHORTS-2017 OSCAR NOMINATED SHORT FILMS-BOSTON LGBT FILM FESTIVAL-THE SQUARE-MONTH OF SUNDAYS -AN ART THAT NATURE MAKES: THE WORK OF ROSAMOND PURCELL -BILL CUNNINGHAM NEW YORK -AI WEIWEI: NEVER SORRY -DAVID LYNCH: THE ART LIFE
(Code:   ) (Expenses $ 422,508 including grants of $   ) (Revenue $ 617,826 )
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 2018 THE MEMBERSHIP DEPARTMENT SERVED NEARLY 6,000 HOUSEHOLDS PROVIDING THE PRIMARY BENEFITS OF FREE MUSEUM ADMISSION, PERFORMANCE TICKET DISCOUNTS, DISCOUNTS IN THE ICA STORE, WATERSHED PREVIEW DAYS, FIRST FRIDAYS, OPENING EXHIBITION RECEPTIONS, PRIVATE MEMBER EVENTS AND A SUBSCRIPTION TO THE ICA MAGAZINE "NEW".
(Code:   ) (Expenses $ 968,607 including grants of $   ) (Revenue $ 943,893 )
EARNED INCOME ACTIVITIES: - ART TRIPS: IN FY18 THE ICA SPONSORED TWO ART TRIPS TO LOS ANGELES AND NEW YORK.- EVENT SPACE RENTALS: THE ICA HAD 47 EVENT RENTALS IN FY18 THAT WERE ATTENDED BY 5,741 VISITORS WHO GOT THE OPPORTUNITY TO VIEW THE ICA'S AWARD WINNING ARCHITECTURAL DESIGN AND EXHIBITIONS.
(Code:   ) (Expenses $ 1,455,663 including grants of $   ) (Revenue $ 33,779 )
EDUCATION, TEENS, ADULTS:ADULT & INTERPRETIVE PROGRAMS:ADULT PROGRAMS SERVED A TOTAL OF 5,187 PEOPLE, INCLUDING GALLERY TALKS, POP UP TALKS, LECTURES (THE ARTIST'S VOICE, ICA FORUMS, ICA READS), AND OTHER PROGRAMS. SELECT LECTURES IN FY18 WERE DOCUMENTED AND MADE AVAILABLE THROUGH ICA'S WEBSITE AMONG OTHER RESOURCES. VIEWERS AND LISTENERS ACCESSED THESE RESOURCES ONLINE VIA ICA'S WEBSITE, MOBILE GUIDE, AND/OR ONSITE COMPUTERS (PARTICIPATION NOT QUANTIFIABLE). FOR TOUR NUMBERS, SEE TOUR PROGRAMS.ADULT PROGRAMSEXHIBITION RELATED PROGRAMSICA COLLECTION: NEW ACQUISITIONS FEB 15, 2017 - FEB 25, 2018 - POP-UP TALKS AND PUBLIC TOURS - DIGITAL RESOURCES: ICA-PRODUCED AUDIO TOUR CONTENT - GALLERY TALK: AIDA WONG ON HAEGUE YANG2017 JAMES AND AUDREY FOSTER PRIZEFEB 15 - JUL 9, 2017 - POP-UP TALKS AND PUBLIC TOURS - DIGITAL RESOURCES: ICA-PRODUCED AUDIO TOUR CONTENT AND VIDEO TOUR CONTENTSTEVE MCQUEEN: ASHESFEB 15, 2017 - FEB 25, 2018 - POP-UP TALKS AND PUBLIC TOURS - DIGITAL RESOURCES: ICA-PRODUCED AUDIO TOUR CONTENT - THE ARTIST'S VOICE: STEVE MCQUEEN WITH HAMZA WALKER AND DONNA DE SALVONARI WARD: SUN SPLASHEDAPR 26 - SEP 4, 2017 - POP-UP TALKS AND PUBLIC TOURS - DIGITAL RESOURCES: ICA-PRODUCED AUDIO TOUR CONTENT AND VIDEO TOUR CONTENT - GALLERY TALK: IVAN ESPINOZA MADRIGAL AND SOPHIA HALL ON THE CONSTITUTION AND NARI WARD - CURATOR TOUR: JESSICA HONG ON NARI WARD - NARI WARD NATURALIZATION TABLE ACTIVATION (X4)NARI WARD: LANDAPR 26 - SEP 4, 2017 - PUBLIC TOURSGILLIAN WEARING: ROCK 'N' ROLL 70DEC 9, 2016 - JAN 1, 2018 - PUBLIC TOURS - DIGITAL RESOURCES: ICA-PRODUCED AUDIO TOUR CONTENTDANA SCHUTZJUL 26 - NOV 26, 2017 - POP-UP TALKS AND PUBLIC TOURS - CURATOR'S PERSPECTIVE: EVA RESPINI WITH DANIELLE LEGROS GEORGES ON DANA SCHUTZ - GALLERY TALK: JOSEPHINE HALVORSON ON DANA SCHUTZMARK DION: MISADVENTURES OF A 21ST-CENTURY NATURALISTOCT 4 - DEC 31, 2017 - POP-UP TALKS AND PUBLIC TOURS - DIGITAL RESOURCES: ICA-PRODUCED AUDIO TOUR CONTENT AND VIDEO TOUR CONTENT - THE ARTIST'S VOICE: MARK DION AND ANDREA BARRETT - CURATOR TOUR: RUTH ERICKSON ON MARK DION - GALLERY TALK: KATE DUFFY ON MARK DION - GALLERY TALK: VETERINARIAN GREG MERTZ ON MARK DION - ARTIFACTS OF THE FUTURE: ARTISTS' INTERVENTIONS IN THE ENVIRONMENTNICHOLAS NIXON: PERSISTENCE OF VISION DEC 13, 2017 - APR 12, 2018 - POP-UP TALKS AND PUBLIC TOURS - DIGITAL RESOURCES: ICA-PRODUCED AUDIO TOUR CONTENT - GALLERY TALK: CYNTHIA FOWLER ON NICHOLAS NIXON'S PEOPLE WITH AIDSWANGECHI MUTU: A PROMISE TO COMMUNICATE JAN 20 - DEC 31, 2018 - PUBLIC TOURS - DIGITAL RESOURCES: ICA-PRODUCED AUDIO TOUR CONTENT - THE ARTIST'S VOICE: WANGECHI MUTU AND OKWUI OKPOKWASILIHITO STEYERL: LIQUIDITY INC.DEC 13, 2017 - APR 22, 2018 - POP-UP TALKS AND PUBLIC TOURSART IN THE AGE OF THE INTERNET, 1989 TO TODAYFEB 7 - MAY 20, 2018 - POP-UP TALKS AND PUBLIC TOURS - DIGITAL RESOURCES: ICA-PRODUCED VIDEO CONTENT - THE ARTIST'S VOICE: TREVOR PAGLEN, JIMENA CANALES, AND EVA RESPINI - GALLERY TALK: SARAH J. JACKSON ON HOWDOYOUSAYYAMINAFRICAN? - CURATOR TOUR: EVA RESPINI ON ART IN THE AGE OF THE INTERNET, 1989 TO TODAY - CURATOR TOUR: JEFF DE BLOIS ON ART IN THE AGE OF THE INTERNET, 1989 TO TODAY - GALLERY TALK: MATTHEW KENYON ON HARUN FAROCKI - ICA DEEP DIVES: ART + FEMINISM WIKIPEDIA EDIT-A-THON - ICA DEEP DIVES: CYBERSECURITY WITH HACK*BLOSSOM - ICA DEEP DIVES: DEMYSTIFYING DATA WITH CATHERINE D'IGNAZIO - ART AND TECHNOLOGY TOUR AT MIT LIST CENTER AND THE ICA BOSTONKEVIN BEASLEYMAY 9 - AUG 26, 2018 - POP-UP TALKS AND PUBLIC TOURS - DIGITAL RESOURCES: ICA-PRODUCED AUDIO TOUR CONTENT - THE ARTIST'S VOICE: KEVIN BEASLEY - GALLERY TALK: TOMASHI JACKSON ON KEVIN BEASLEYCAITLIN KEOGH: BLANK MELODYMAY 9 - AUG 26, 2018 - POP-UP TALKS AND PUBLIC TOURS - DIGITAL RESOURCES: ICA-PRODUCED AUDIO TOUR CONTENTWE WANTED A REVOLUTION: BLACK RADICAL WOMEN, 1965-85 JUN 27 - SEP 30, 2018 - POP-UP TALKS AND PUBLIC TOURS - DIGITAL RESOURCES: ICA-PRODUCED AUDIO TOUR CONTENT - CURATOR TALK: JESSICA HONG, CATHERINE MORRIS, AND RUJEKO HOCKLEYARTHUR JAFA: LOVE IS THE MESSAGE, THE MESSAGE IS DEATH JUN 27 - SEP 30, 2018 - PUBLIC TOURSICA COLLECTION: ENTANGLED IN THE EVERYDAY MAR 17, 2018 - APR 7, 2019 - POP-UP TALKS AND PUBLIC TOURS - DIGITAL RESOURCES: K-12 TEACHER RESOURCE SHEET - GALLERY TALK: FRED JACKSON ON SHEILA HICKS - CURATOR TOUR: RUTH ERICKSON ON ENTANGLED IN THE EVERYDAYADULT PROGRAMSOTHER / MISCELLANEOUSICA READS 2018TELL ME HOW IT ENDS: AN ESSAY IN FORTY QUESTIONS BY VALERIA LUISELLI - THE ARTIST'S VOICE: VALERIA LUISELLI WITH JILL MEDVEDOWOTHER ADULT PROGRAMS - ICA FORUM: REPRESENTATION AND RESPONSIBILITY IN CREATIVE SPACES WITH KHALIL GIBRAN MUHAMMAD, CAMILO ALVAREZ, NIKKI A. GREENE, EVA RESPINI, SHEIDA SOLEIMANI - THE ARTIST'S VOICE: ABBOTT MILLER - AIGA + ICA ANNUAL LECTURE: PAUL SAHRE - HUTCHINS CENTER FOR AFRICAN AMERICAN RESEARCH PARTNERSHIP / BLACK PORTRAITURE(S) IV: SOUND OF SILENCE - MIT PARTNERSHIPS SONIC/SCENES SYMPOSIUMFAMILY PROGRAMSFAMILY PROGRAMS SERVED 5,027 VISITORS THROUGH PLAY DATES (INCLUDES PARTICIPANTS IN FAMILY POP UP TALKS) AND BOOKS AND LOOKS. AN ADDITIONAL 7,962 INDIVIDUALS PARTICIPATED IN ARTIST CREATED ACTIVITIES IN THE BANK OF AMERICA ART LAB (INCLUDES VACATION WEEKS). AN UNQUANTIFIABLE NUMBER OF INDIVIDUALS UTILIZED GALLERY GAMES.FAMILY PROGRAMS - BOOKS + LOOKS - GALLERY GAMES - FAMILY POP UP TALKS PLAY DATES - CREATING WONDERFUL WORLDS - ICA SEASIDE ADVENTURES - PAINTING YOUR WORLD - FIRE UP THE IMAGINATION - COLLECTING NATURE - FAMILY FILM PROGRAM - AMAZING ARTS ADVENTURE - EXPLORING ART AND TECHNOLOGY - WHAT MAKES CHANGE HAPPEN? - ALL KINDS OF STORIES - CHANGING THE RULESVACATION WEEKS - DECEMBER HOLIDAY WEEK - FEBRUARY VACATION WEEK - APRIL VACATION WEEKMAKE/MADE - FISH OUT OF WATER (APR - SEP 2017): BENNIE FLORES ANSELL - SALTY > SOUR SEAS (OCT 2017 - MAR 2018): EVELYN RYDZ - HYBRID-DIGITAL HOME (APR - SEP 2018): SAYA WOOLFALK AND AYA WOOLFALK MITCHELLCOMMUNITY PROGRAMS AND PARTNERSHIPS (SELECT)THE ICA COLLABORATED WITH NUMEROUS ORGANIZATIONS THROUGHOUT FY18. BELOW IS A LIST OF SELECT PARTNER ORGANIZATIONS. PROGRAMS INCLUDE, FOR EXAMPLE, FREE FUN FRIDAY (2,265 PARTICIPANTS); AND MAKE/MADE, A PROGRAM IN COLLABORATION WITH ARTISTS BENNIE FLORES ANSELL, EVELYN RYDZ, SAYA WOOLFALK AND AYA WOOLFALK MITCHELL (7,962* PARTICIPANTS). *INCLUDES VACATION WEEKS.COMMUNITY PROGRAMS AND PARTNERSHIPS (SELECT) - AIGA BOSTON CHAPTER - ART+FEMINISM - BASIL EL HAGAWAY - BERKLEE CITY MUSIC - BOSTON CHILDREN'S CHORUS - BOSTON GREEN ACADEMY - CLIMATEENS - DONALD MCKAY K-8 SCHOOL - EAST BOSTON GUILD SCHOOL - EAST BOSTON SAILING CENTER - FEMS SLAM - HACK*BLOSSOM
4d Other program services (Describe in Schedule O.)
(Expenses $ 2,846,778 including grants of $   ) (Revenue $ 1,595,498 )
4e Total program service expensesMediumBullet13,178,194
Form 990 (2019)
Form 990 (2019)
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 IIIClick 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 V......
10
 
 
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
 
No
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 XIIClick 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
 
 
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.....
21
 
No
Form 990 (2019)
Form 990 (2019)
Page 4
Part IV
Checklist of Required Schedules (continued)
Yes
No
22
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals 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), 501(c)(4), and 501(c)(29) 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 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part II...........
26
 
No
27
Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) 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, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV......................
28a
 
No
b
A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV.....
28b
 
No
c
A 35% controlled entity of one or more individuals and/or organizations described in lines 28a or 28b? If "Yes," complete Schedule L, Part IV.....................
28c
 
 
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............
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.........................
34
 
No
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
 
No
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 ...
35b
 
 
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.............
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 VI
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
 
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
243
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
 
Form 990 (2019)
Form 990 (2019)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance (continued)
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
263
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 FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
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. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? ........
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the sponsoring organization make any taxable distributions under section 4966?........
9a
 
 
b
Did the sponsoring 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
 
 
15
Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see instructions and file Form 4720, Schedule N.
15
 
 
16
Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.
16
 
 
Form 990 (2019)
Form 990 (2019)
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-A 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, address, and telephone number of the person who possesses the organization's books and records:
MediumBulletNATASA VUCETIC25 HARBOR SHORE DRIVE   BOSTON,MA02210 (617) 478-3179
Form 990 (2019)
Form 990 (2019)
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.

See instructions for the order in which to list the persons above.
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) CAMILO ALVAREZ......................................................................
TRUSTEE
 1.00
.................
  		X           0 0 0
(2) LORI FIREMAN BALDWIN......................................................................
TRUSTEE (UNTIL OCT. 2017)
 1.00
.................
  		X           0 0 0
(3) CHARLES BRIZIUS......................................................................
CHAIR
 1.00
.................
  		X   X       0 0 0
(4) DR PAUL BUTTENWIESER......................................................................
TRUSTEE
 1.00
.................
  		X           0 0 0
(5) KAREN SWETT CONWAY......................................................................
TRUSTEE
 1.00
.................
  		X           0 0 0
(6) STEVEN D CORKIN......................................................................
PRESIDENT
 1.00
.................
  		X   X       0 0 0
(7) ROBERT DAVOLI......................................................................
TRUSTEE
 1.00
.................
  		X           0 0 0
(8) FOTENE DEMOULAS......................................................................
VICE CHAIR
 1.00
.................
  		X   X       0 0 0
(9) MARY SCHNEIDER ENRIQUEZ......................................................................
TRUSTEE
 1.00
.................
  		X           0 0 0
(10) BRIDGITT EVANS......................................................................
VICE PRESIDENT
 1.00
.................
  		X   X       0 0 0
(11) OLIVER EWALD......................................................................
TRUSTEE
 1.00
.................
  		X           0 0 0
(12) GERALD FINEBERG......................................................................
TRUSTEE
 1.00
.................
  		X           0 0 0
(13) JAMES C FOSTER......................................................................
TRUSTEE
 1.00
.................
  		X           0 0 0
(14) ERICA GERVAIS PAPPENDICK......................................................................
TRUSTEE
 1.00
.................
  		X           0 0 0
(15) VIVIEN HASSENFELD......................................................................
TRUSTEE
 1.00
.................
  		X           0 0 0
(16) HAL HESS......................................................................
VICE PRESIDENT
 1.00
.................
  		X   X       0 0 0
(17) ALLISON JOHNSON......................................................................
TRUSTEE
 1.00
.................
  		X           0 0 0
Form 990 (2019)
Form 990 (2019)
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) CHARLA JONES........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
(19) BARBARA F LEE........................................................................
VICE CHAIR
 1.00
.......................   		X   X       0 0 0
(20) KENT LUCKEN........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
(21) TRISTIN MANNION........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
(22) DAN O'CONNELL........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
(23) JAMES PALLOTTA........................................................................
TRUSTEE (UNTIL JAN. 2018)
 1.00
.......................   		X           0 0 0
(24) ELLEN M POSS MD........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
(25) DAVID PUTH........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
(26) CHARLES RODGERS........................................................................
TREASURER/SECRETARY/CLERK
 1.00
.......................   		X   X       0 0 0
(27) MARIO RUSSO........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
(28) MARK SCHWARTZ........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
(29) JONATHAN SEELIG........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
(30) ANTHONY TERRANA DMD........................................................................
TRUSTEE (UNTIL OCT. 2017)
 1.00
.......................   		X           0 0 0
(31) CHARLOTTE WAGNER........................................................................
VICE PRESIDENT
 1.00
.......................   		X   X       0 0 0
(32) MICHAEL WILENS........................................................................
TRUSTEE
 1.00
.......................   		X           0 0 0
(33) NICK WINTON........................................................................
TRUSTEE (ON LEAVE)
 1.00
.......................   		X           0 0 0
(34) NICOLE ZATLYN........................................................................
EX-OFFICIO
 1.00
.......................   		X           0 0 0
(35) JILL MEDVEDOW........................................................................
DIRECTOR/EX-OFFICIO
 37.50
.......................   		X   X       524,770 0 44,869
(36) MICHAEL TAUBENBERGER........................................................................
CFO/COO
 37.50
.......................   		    X       193,495 0 24,970
(37) EVA RESPINI........................................................................
CHIEF CURATOR
 37.50
.......................   		      X     191,969 0 32,422
(38) DAVID HENRY........................................................................
DIR. OF PERFORMING ARTS & MEDIA ARTS
 37.50
.......................   		        X   156,899 0 32,395
(39) KELLY GIFFORD........................................................................
DIRECTOR OF EXTERNAL RELATIONS
 37.50
.......................   		        X   154,016 0 29,355
(40) KATHRYN GREENBERG MAYSHAK........................................................................
DIRECTOR OF DEVELOPMENT
 37.50
.......................   		        X   156,094 0 15,675
(41) MONICA GARZA........................................................................
DIRECTOR OF EDUCATION
 37.50
.......................   		        X   116,632 0 28,020
1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)...........MediumBullet 1,493,875 0 207,706
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization MediumBullet7
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
STACK DESIGN BUILD LLC

555 EAST 2ND STREET SUITE 1
BOSTON,MA02127 		CONSTRUCTION SERVICES 3,767,803
ANMAHIAN WINTON ARCHITECTS

650 CAMBRIDGE STREET
CAMBRIDGE,MA02141 		ARCHITECTURAL SERVICES 564,590
ARTEX INC

8712 JERICHO CITY DRIVE
LANDOVER,MD20785 		SHIPPING SERVICES 382,142
ALLIED UNIVERSAL

PO BOX 828854
PHILADELPHIA,PA191828854 		SECURITY SERVICES 352,040
AMERICAN CLEANING COMPANY INC

PO BOX 390702
CAMBRIDGE,MA021390008 		CLEANING SERVICES 297,404
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet16
Form 990 (2019)
Form 990 (2019)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII.............
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512 - 514
Contributions, Gifts, GrantAmt and OtherAmt Similar Amounts 1a Federated campaigns..1a  
b Membership dues..1b  
c Fundraising events..1c 1,351,035
d Related organizations1d  
e Government grants (contributions)1e 555,000
f All other contributions, gifts, grants, and similar amounts not included above1f 28,384,772
g Noncash contributions included in lines 1a - 1f:$ 1g 4,193,346
h Total. Add lines 1a-1f.......MediumBullet 30,290,807
Program Service RevenueAmt Business Code
2a ADMISSIONS AND PROGRAM FEES 900099 1,089,335 1,089,335    
b MEMBERSHIP DUES 900099 617,826 617,826    
c EXHIBITIONS 900099 2,905 2,905    
d
e
f All other program service revenue.        
g Total. Add lines 2a–2f .....MediumBullet 1,710,066
OtherAmtRevenueAmt 3 Investment income (including dividends, interest, and othersimilar amounts) ......MediumBullet 249,366     249,366
4 Income from investment of tax-exempt bond proceedsMediumBullet        
5 Royalties...........MediumBullet        
(ii) Personal (i) Real
6a Gross rents   517,186 6a
b Less: rental expenses   602,563 6b
c Rental income or (loss)   -85,377 6c
d Net rental income or (loss).......MediumBullet -85,377   -85,377  
(ii) Other (i) Securities
7a Gross amount from sales of assets other than inventory   1,954,948 7a
b Less: cost or other basis and sales expenses   1,810,573 7b
c Gain or (loss)   144,375 7c
d Net gain or (loss).........MediumBullet 144,375     144,375
8a Gross income from fundraising events (not including $ 1,351,035of contributions reported on line 1c). See Part IV, line 18 ....
8a 128,300
b Less: direct expenses ... 8b 647,961
c Net income or (loss) from fundraising events..MediumBullet -519,661   -519,661
9a Gross income from gaming activities.
See Part IV, line 19 ...
9a  
b Less: direct expenses ... 9b  
c Net income or (loss) from gaming activities..MediumBullet        
10a Gross sales of inventory, less
returns and allowances ..
10a 770,249
b Less: cost of goods sold .. 10b 369,357
c Net income or (loss) from sales of inventory..MediumBullet 400,892 400,892    
Business Code Miscellaneous Revenue
11a FOOD SERVICES 722210 118,386     118,386
b OTHER REVENUE 900099 22,304 22,304    
c            
d All other revenue ....        
e Total. Add lines 11a–11d ...... MediumBullet 140,690
12 Total revenue. See instructions.....MediumBullet 32,331,158 2,133,262 -85,377 -7,534
Form 990 (2019)
Form 990 (2019)
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 domestic organizations and domestic governments. See Part IV, line 21 ....    
2 Grants and other assistance to domestic individuals. See Part IV, line 22 ...........    
3 Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............    
4 Benefits paid to or for members .......    
5 Compensation of current officers, directors, trustees, and key employees ........... 1,012,495 224,391 788,104  
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........ 5,467,022 4,026,953 633,218 806,851
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 180,656 129,231 15,136 36,289
9 Other employee benefits ....... 421,005 302,291 58,795 59,919
10 Payroll taxes ........... 453,154 311,527 85,131 56,496
11 Fees for services (non-employees):        
a Management ......        
b Legal ......... 27,053 565 26,483 5
c Accounting ........... 73,398   73,398  
d Lobbying ...........        
e Professional fundraising services. See Part IV, line 17 23,267 23,267
f Investment management fees ...... 157,113   121,156 35,957
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) 457,385 342,986 114,399  
12 Advertising and promotion .... 435,946 434,565 1,172 209
13 Office expenses ....... 65,280 18,122 45,486 1,672
14 Information technology ...... 135,748 18,949 114,613 2,186
15 Royalties ..        
16 Occupancy ........... 374,756 360,056 7,700 7,000
17 Travel ............ 448,831 369,304 48,635 30,892
18 Payments of travel or entertainment expenses for any federal, state, or local public officials .        
19 Conferences, conventions, and meetings .... 11,367 4,605 3,643 3,119
20 Interest ........... 118,181 85,685 30,830 1,666
21 Payments to affiliates .......        
22 Depreciation, depletion, and amortization .. 1,911,122 1,836,161 39,266 35,695
23 Insurance ... 102,486 42,250 60,236  
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 RENTAL AND EQUIPMENT 1,114,347 1,094,815 19,532 0
b SHIPPING AND STORAGE 897,178 896,973 107 98
c MISC. FACILITY COSTS 836,269 769,531 15,456 51,282
d ARTIST FEES 769,330 762,550 0 6,780
e All other expenses 1,466,065 1,146,684 94,858 224,523
25 Total functional expenses. Add lines 1 through 24e 16,959,454 13,178,194 2,397,354 1,383,906
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 (2019)
Form 990 (2019)
Page 11
Part X
Balance Sheet
Check if Schedule O contains a response or note to any line in this Part IX..............
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash–non-interest-bearing ........ 4,640,003 1 8,879,096
2 Savings and temporary cash investments .........   2  
3 Pledges and grants receivable, net ...... 16,337,007 3 22,035,896
4 Accounts receivable, net ............. 127,973 4 108,029
5 Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
  5  
6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
  6  
7 Notes and loans receivable, net ...........   7  
8 Inventories for sale or use ............ 328,882 8 377,928
9 Prepaid expenses and deferred charges ...... 217,928 9 218,299
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 66,952,425
b Less: accumulated depreciation 10b 20,369,255 43,126,610 10c 46,583,170
11 Investments—publicly traded securities . 28,735,264 11 35,782,237
12 Investments—other securities. See Part IV, line 11 ..... 531,515 12 536,319
13 Investments—program-related. See Part IV, line 11 ..   13  
14 Intangible assets ...............   14  
15 Other assets. See Part IV, line 11 ...........   15  
16 Total assets. Add lines 1 through 15 (must equal line 33)... 94,045,182 16 114,520,974
Liabilities 17 Accounts payable and accrued expenses ..... 852,627 17 2,507,996
18 Grants payable ...   18  
19 Deferred revenue ......... 45,833 19  
20 Tax-exempt bond liabilities ......... 3,604,503 20 3,065,714
21 Escrow or custodial account liability. Complete Part IV of Schedule D   21  
22 Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
  22  
23 Secured mortgages and notes payable to unrelated third parties ..   23 3,402,314
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 1,250,000 25 0
26 Total liabilities. Add lines 17 through 25.. 5,752,963 26 8,976,024
Net Assets or Fund Balance Organizations that follow FASB ASC 958, check here MediumBullet and complete lines 27, 28, 32, and 33.
27 Net assets without donor restrictions ..........   27  
28 Net assets with donor restrictions ...........   28  
Organizations that do not follow FASB ASC 958, check here MediumBullet and complete lines 29 through 33.
29 Capital stock or trust principal, or current funds .....   29  
30 Paid-in or capital surplus, or land, building or equipment fund ...   30  
31 Retained earnings, endowment, accumulated income, or other funds   31  
32 Total net assets or fund balances ........... 88,292,219 32 105,544,950
33 Total liabilities and net assets/fund balances ........ 94,045,182 33 114,520,974
Form 990 (2019)
Form 990 (2019)
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
32,331,158
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
16,959,454
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
15,371,704
4
Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..
4
88,292,219
5
Net unrealized gains (losses) on investments ...............
5
1,770,787
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
110,240
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))
10
105,544,950
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 (2019)
Form 990 (2019)
Additional Data


Software ID:  
Software Version:  
Form 990, Special Condition Description:
Special Condition Description
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 Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2019
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 12, check only one box.)
1
2
3
4
5
6
7
8
9
10
11
12
a
b
c
d
e
f
Enter the number of supported organizations ...............................  
g
Provide the following information about the supported organization(s).
(i) Name of supported organization (ii) EIN (iii) Type of organization (described on lines 1- 10 above (see instructions)) (iv) Is the organization listed in your governing document? (v) Amount of monetary support (see instructions) (vi) Amount of other support (see instructions)
Yes No
Total
 
   
For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2019

Schedule A (Form 990 or 990-EZ) 2019
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 failed 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) 2015 (b) 2016 (c) 2017 (d) 2018 (e) 2019 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. 16,473,594 11,499,610 10,522,512 20,951,011 30,290,807 89,737,534
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 16,473,594 11,499,610 10,522,512 20,951,011 30,290,807 89,737,534
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).. 19,876,111
6 Public support. Subtract line 5 from line 4. 69,861,423
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2015 (b) 2016 (c) 2017 (d) 2018 (e) 2019 (f) Total
7 Amounts from line 4.. 16,473,594 11,499,610 10,522,512 20,951,011 30,290,807 89,737,534
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... 223,606 321,791 402,230 452,501 249,366 1,649,494
9 Net income from unrelated business activities, whether or not the business is regularly carried on.. 3,281 9,208       12,489
10 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. 201,874 197,407 227,565 211,479 246,686 1,085,011
11 Total support. Add lines 7 through 10 92,484,528
12
12
12,725,060
13
First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here........................................right arrow
Section C. Computation of Public Support Percentage
14
14
75.540 %
15
15
78.170 %
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) 2019

Schedule A (Form 990 or 990-EZ) 2019
Page 3
Part III
Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 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) 2015 (b) 2016 (c) 2017 (d) 2018 (e) 2019 (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) 2015 (b) 2016 (c) 2017 (d) 2018 (e) 2019 (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 VI.) ..            
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) 2019

Schedule A (Form 990 or 990-EZ) 2019
Page 4
Part IV
Supporting Organizations
(Complete only if you checked a box on line 12 of Part I. If you checked 12a of Part I, complete Sections A and B. If you checked 12b of Part I, complete Sections A and C. If you checked 12c of Part I, complete Sections A, D, and E. If you checked 12d of Part I, complete Sections A and D, and complete Part V.)
Section A. All Supporting Organizations
Yes
No
1
Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.
1
 
 
2
Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).
2
 
 
3a
Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer (b) and (c) below.
3a
 
 
b
Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.
3b
 
 
c
Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.
3c
 
 
4a
Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked 12a or 12b in Part I, answer (b) and (c) below.
4a
 
 
b
Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.
4b
 
 
c
Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.
4c
 
 
5a
Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer (b) and (c) below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).
5a
 
 
b
Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?
5b
 
 
c
Substitutions only. Was the substitution the result of an event beyond the organization's control?
5c
 
 
6
Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.
6
 
 
7
Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990 or 990-EZ) .
7
 
 
8
Did the organization make a loan to a disqualified person (as defined in section 4958) not described in line 7? If “Yes,” complete Part I of Schedule L (Form 990 or 990-EZ).
8
 
 
9a
Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.
9a
 
 
b
Did one or more disqualified persons (as defined in line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.
9b
 
 
c
Did a disqualified person (as defined in line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.
9c
 
 
10a
Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.
10a
 
 
b
Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).
10b
 
 
Schedule A (Form 990 or 990-EZ) 2019

Schedule A (Form 990 or 990-EZ) 2019
Page 5
Part IV
Supporting Organizations (continued)
Yes
No
11
Has the organization accepted a gift or contribution from any of the following persons?
a
A person who directly or indirectly controls, either alone or together with persons described in (b) and (c) below, the governing body of a supported organization?
11a
 
 
b
A family member of a person described in (a) above?
11b
 
 
c
A 35% controlled entity of a person described in (a) or (b) above? If “Yes” to a, b, or c, provide detail in Part VI.
11c
 
 
Section B. Type I Supporting Organizations
Yes
No
1
Did the directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.
1
 
 
2
Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.
2
 
 
Section C. Type II Supporting Organizations
Yes
No
1
Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).
1
 
 
Section D. All Type III Supporting Organizations
Yes
No
1
Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?
1
 
 
2
Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).
2
 
 
3
By reason of the relationship described in (2), did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.
3
 
 
Section E. Type III Functionally-Integrated Supporting Organizations
1
Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):
a
b
c
2
Activities Test. Answer (a) and (b) below.
Yes
No
a
Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.
2a
 
 
b
Did the activities described in (a) constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.
2b
 
 
3
Parent of Supported Organizations. Answer (a) and (b) below.
a
Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations? Provide details in Part VI.
3a
 
 
b
Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.
3b
 
 
Schedule A (Form 990 or 990-EZ) 2019

Schedule A (Form 990 or 990-EZ) 2019
Page 6
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations
1
Section A - Adjusted Net Income (A) Prior Year (B) Current Year
(optional)
1 Net short-term capital gain 1    
2 Recoveries of prior-year distributions 2    
3 Other gross income (see instructions) 3    
4 Add lines 1 through 3 4    
5 Depreciation and depletion 5    
6 Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) 6    
7 Other expenses (see instructions) 7    
8 Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) 8    
Section B - Minimum Asset Amount (A) Prior Year (B) Current Year
(optional)
1 Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): 1
a Average monthly value of securities 1a    
b Average monthly cash balances 1b    
c Fair market value of other non-exempt-use assets 1c    
d Total (add lines 1a, 1b, and 1c) 1d    
e Discount claimed for blockage or other factors
(explain in detail in Part VI):  
2 Acquisition indebtedness applicable to non-exempt use assets 2    
3 Subtract line 2 from line 1d 3    
4 Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). 4    
5 Net value of non-exempt-use assets (subtract line 4 from line 3) 5    
6 Multiply line 5 by .035 6    
7 Recoveries of prior-year distributions 7    
8 Minimum Asset Amount (add line 7 to line 6) 8    
Section C - Distributable Amount Current Year
1 Adjusted net income for prior year (from Section A, line 8, Column A) 1  
2 Enter 85% of line 1 2  
3 Minimum asset amount for prior year (from Section B, line 8, Column A) 3  
4 Enter greater of line 2 or line 3 4  
5 Income tax imposed in prior year 5  
6 Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) 6  
7
Schedule A (Form 990 or 990-EZ) 2019

Schedule A (Form 990 or 990-EZ) 2019
Page 7
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations(continued)
Section D - Distributions Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes  
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in
excess of income from activity		  
3 Administrative expenses paid to accomplish exempt purposes of supported organizations  
4 Amounts paid to acquire exempt-use assets  
5 Qualified set-aside amounts (prior IRS approval required)  
6 Other distributions (describe in Part VI). See instructions  
7Total annual distributions. Add lines 1 through 6.  
8 Distributions to attentive supported organizations to which the organization is responsive (provide
details in Part VI). See instructions		  
9 Distributable amount for 2019 from Section C, line 6  
10 Line 8 amount divided by Line 9 amount  
Section E - Distribution Allocations (see instructions) (i)
Excess Distributions 		(ii)
Underdistributions
Pre-2019 		(iii)
Distributable
Amount for 2019
1 Distributable amount for 2019 from Section C, line 6  
2 Underdistributions, if any, for years prior to 2019 (reasonable cause required-- explain in Part VI).
See instructions.		  
3 Excess distributions carryover, if any, to 2019:
a From 2014.......  
b From 2015.......  
c From 2016.......  
d From 2017.......  
e From 2018.......  
fTotal of lines 3a through e  
g Applied to underdistributions of prior years  
h Applied to 2019 distributable amount  
i Carryover from 2014 not applied (see
instructions) 		 
j Remainder. Subtract lines 3g, 3h, and 3i from 3f.  
4Distributions for 2019 from Section D, line 7:
$  
a Applied to underdistributions of prior years  
b Applied to 2019 distributable amount  
c Remainder. Subtract lines 4a and 4b from 4.  
5 Remaining underdistributions for years prior to
2019, if any. Subtract lines 3g and 4a from line 2.
If the amount is greater than zero, explain in Part VI.
See instructions.		  
6 Remaining underdistributions for 2019. Subtract
lines 3h and 4b from line 1. If the amount is greater
than zero, explain in Part VI. See instructions.		  
7 Excess distributions carryover to 2020. Add lines
3j and 4c.		  
8 Breakdown of line 7:
a Excess from 2015.....  
b Excess from 2016.....  
c Excess from 2017.....  
d Excess from 2018.....  
e Excess from 2019.....  
Schedule A (Form 990 or 990-EZ) (2019)

Schedule A (Form 990 or 990-EZ) 2019
Page 8
Part VI
Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
 
Return Reference Explanation
Schedule A (Form 990 or 990-EZ) 2019


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 Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2019
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 isn't covered by the General Rule and/or the Special Rules doesn't 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 doesn't 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) (2019)
Schedule B (Form 990, 990-EZ, or 990-PF) (2019) Page 2
Name of organization
THE INSTITUTE OF CONTEMPORARY ART INC
  		Employer identification number
04-2104327
Part I
Contributors
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
 
 
 
 

$  


(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) (2019)
Schedule B (Form 990, 990-EZ, or 990-PF) (2019)
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) (2019)
Schedule B (Form 990, 990-EZ, or 990-PF) (2019)
Page 4
Name of organization
THE INSTITUTE OF CONTEMPORARY ART INC
  		Employer identification number

04-2104327
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. 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) (2019)

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," on 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 Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2019
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" on Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .........    
2 Aggregate value of contributions to (during year)    
3 Aggregate value of 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" on 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 7/25/06, 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, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, handling of violations, 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" on Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under FASB 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 FASB 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)
Revenue included on 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 FASB ASC 958 relating to these items:
a
Revenue included on 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) 2019

Schedule D (Form 990) 2019
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" on 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, for escrow or custodial account liability? ...
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" on Form 990, Part IV, line 10.
(a) Current year (b) Prior year (c) Two years back (d) Three years back (e) Four years back
1a Beginning of year balance .... 29,617,573 23,668,861 21,210,871 16,495,334 13,042,861
b Contributions ... 7,347,090 3,951,001 3,692,065 4,914,708 1,992,263
c Net investment earnings, gains, and losses 2,018,036 3,122,711 -299,075 528,829 2,035,210
d Grants or scholarships ...          
e Other expenditures for facilities
and programs ... 		1,415,000 1,125,000 935,000 728,000 575,000
f Administrative expenses ....          
g End of year balance ...... 37,567,699 29,617,573 23,668,861 21,210,871 16,495,334
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 Bullet92.700 %
c
Term endowment SchDMd Bullet7.300 %
The percentages on 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)
 
No
(ii) Related organizations .................
3a(ii)
 
No
b
If "Yes" on 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" on 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 ....   61,085,421 16,094,592 44,990,829
c Leasehold improvements        
d Equipment ....   5,867,004 4,274,663 1,592,341
e Other .....        
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..SchDMdBullet 46,583,170
Schedule D (Form 990) 2019

Schedule D (Form 990) 2019
Page 3
Part VII
Investments—Other Securities.
Complete if the organization answered "Yes" on 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........    
(3)Other
(B)
(C)
(D)
(E)
(F)
(G)
(H)
(I)
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' on 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
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
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' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.
(a) Description (b) Book value
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
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' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
1.(a) Description of liability (b) Book value
(1) Federal income taxes  
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)Small Bullet  
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) 2019

Schedule D (Form 990) 2019
Page 4
Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total revenue, gains, and other support per audited financial statements ....... 1 35,805,217
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains (losses) on investments .... 2a 1,770,787
b Donated services and use of facilities ......... 2b 199,743
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIII.) ............ 2d -116,352
e Add lines 2a through 2d ..................... 2e 1,854,178
3 Subtract line 2e from line 1.................. 3 33,951,039
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 -1,619,881
c Add lines 4a and 4b.................... 4c -1,619,881
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5 32,331,158
Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total expenses and losses per audited financial statements ........... 1 18,552,486
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities ......... 2a 94,307
b Prior year adjustments ............ 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIII.) ............ 2d 1,619,881
e Add lines 2a through 2d.................... 2e 1,714,188
3 Subtract line 2e from line 1................... 3 16,838,298
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 121,156
c Add lines 4a and 4b..................... 4c 121,156
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5 16,959,454
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 THE PURPOSES OF EDUCATION, RESEARCH OR PUBLIC EXHIBITION, 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. THE ICA PURCHASED 4 PIECES OF ART FOR THE PERMANENT COLLECTIONS DURING THE YEAR ENDED JUNE 30, 2018. THE ICA PURCHASED 16 PIECES OF ART FOR THE PERMANENT COLLECTIONS DURING THE YEAR ENDED JUNE 30, 2017.
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). ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ICA RECOGNIZES A TAX BENEFIT FROM AN UNCERTAIN TAX POSTION 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, 2018 AND 2017. 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 2015. 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: INVESTMENT EXPENSES NETTED WITH INVESTMENT REVENUE ON AUDITED FS -121,156. GAIN ON SPLIT INTEREST AGREEMENTS 4,804.
PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD REPORTED ON FORM 990, PART VIII, LINE 10B -369,357. SPECIAL EVENTS DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B -647,961. RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B -602,563.
PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B 647,961. RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B 602,563. COST OF GOODS SOLD REPORTED ON FORM 990, PART VIII, LINE 10B 369,357.
PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXP. NETTED WITH INVESTMENT REV. ON AUDITED FS 121,156.
Schedule D (Form 990) 2019


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" on 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 arrowGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2019
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" on 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 10 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
 
WILTON, CT06897 		FUNDRAISING STRATEGY   No 0 23,267 -23,267
             
             
             
             
             
             
             
             
             
Total . . . . . . . . . . . . . . . . . . . . right arrow   23,267 -23,267
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.
MA
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50083H
Schedule G (Form 990 or 990-EZ) 2019
Schedule G (Form 990 or 990-EZ) 2019
Page 2
Part II
Fundraising Events. Complete if the organization answered "Yes" on 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.









VerticalRevenue
(a) Event #1

GALA
(event type) 		(b) Event #2

WOMEN'S LUNCHEON
(event type) 		(c) Other events

 
(total number) 		(d) Total events
(add col. (a) through col. (c))

1
Gross receipts . . . . .
1,395,385
83,950
 
1,479,335

2
Less: Contributions . . . .
1,278,135
72,900
 
1,351,035
3 Gross income (line 1 minus
line 2) . . . . . .
117,250
11,050
 
128,300



VerticalDirectExpenses
4 Cash prizes . . . . .        
5 Noncash prizes . . . .        
6 Rent/facility costs . . . .        
7 Food and beverages . . . 342,632 12,000   354,632
8 Entertainment . . . . 1,780     1,780
9 Other direct expenses . . . 275,363 16,186   291,549
10 Direct expense summary. Add lines 4 through 9 in column (d) . . . . . . . . . . right arrow 647,961
11 Net income summary. Subtract line 10 from line 3, column (d). . . . . . . . . . right arrow -519,661
Part III
Gaming. Complete if the organization answered "Yes" on 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
Noncash 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 conducts gaming activities:
a
Is the organization licensed to conduct 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) 2019
Schedule G (Form 990 or 990-EZ) 2019
Page 3
11
Does the organization conduct 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 conducted 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 provide any additional information. See instructions.
Return Reference Explanation
Schedule G (Form 990 or 990-EZ) 2019
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" on Form 990, Part IV, line 23.
SchJMediumBullet Attach to Form 990.
SchJMediumBullet Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2019
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 on 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 on 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 on 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 on 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), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5
For persons listed on 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," on line 5a or 5b, describe in Part III.
6
For persons listed on 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," on line 6a or 6b, describe in Part III.
7
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
Yes
 
8
Were any amounts reported on 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" on 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) 2019

Schedule J (Form 990) 2019
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 on 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 in column (B) reported as deferred on prior Form 990
(i) Base
compensation 		(ii) Bonus & incentive
compensation 		(iii) Other reportable compensation
1JILL MEDVEDOW
DIRECTOR/EX-OFFICIO 		(i)

(ii)		 474,770
-------------
0 		50,000
-------------
0 		0
-------------
0 		26,558
-------------
0 		18,311
-------------
0 		569,639
-------------
0 		0
-------------
0
2MICHAEL TAUBENBERGER
CFO/COO 		(i)

(ii)		 193,495
-------------
0 		0
-------------
0 		0
-------------
0 		9,913
-------------
0 		15,057
-------------
0 		218,465
-------------
0 		0
-------------
0
3EVA RESPINI
CHIEF CURATOR 		(i)

(ii)		 191,969
-------------
0 		0
-------------
0 		0
-------------
0 		9,919
-------------
0 		22,503
-------------
0 		224,391
-------------
0 		0
-------------
0
4DAVID HENRY
DIR. OF PERFORMING ARTS & MEDIA ARTS 		(i)

(ii)		 156,899
-------------
0 		0
-------------
0 		0
-------------
0 		8,248
-------------
0 		24,147
-------------
0 		189,294
-------------
0 		0
-------------
0
5KELLY GIFFORD
DIRECTOR OF EXTERNAL RELATIONS 		(i)

(ii)		 154,016
-------------
0 		0
-------------
0 		0
-------------
0 		7,963
-------------
0 		21,392
-------------
0 		183,371
-------------
0 		0
-------------
0
6KATHRYN GREENBERG MAYSHAK
DIRECTOR OF DEVELOPMENT 		(i)

(ii)		 156,094
-------------
0 		0
-------------
0 		0
-------------
0 		8,162
-------------
0 		7,513
-------------
0 		171,769
-------------
0 		0
-------------
0
Schedule J (Form 990) 2019

Schedule J (Form 990) 2019
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
PART I, LINE 7 ALL BONUSES ARE DISCRETIONAL (NONE ARE GUARANTEED BY A CONTRACT). THE DIRECTOR'S BONUS IS APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES.
Schedule J (Form 990) 2019

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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 Ⅵ, line 24a. Provide descriptions,
explanations, and any additional information in Part Ⅵ.
SchKMediumBullet Attach to Form 990.
SchKMediumBulletGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2019
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 .................. 3,300,000      
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 of tax-exempt
bonds (or, if issued prior to 2018, a current refunding issue)? ........ 		               
15 Were the bonds issued as part of an advance refunding issue of taxable
bonds (or, if issued prior to 2018, an advance refunding issue)? ........ 		               
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) 2019

Schedule K (Form 990) 2019
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, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ...   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 "Yes" to 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) 2019

Schedule K (Form 990) 2019
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
Schedule K (Form 990) 2019

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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 imageGo to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2019
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 25    
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 113 4,131,188 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 1 29,250 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 ( FURNITURE ) X 1 17,695 FAIR MARKET VALUE
26 Other Right pointing arrow large image ( FLOWERS ) X 1 15,213 FAIR MARKET VALUE
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
0
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 isn't 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 nonstandard 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 didn't 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) (2019)
Schedule M (Form 990) (2019)
Page 2
Part IISupplemental 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 OTHER 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) (2019)

Additional Data


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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 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2019
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 III, LINE 4A SCHUTZ'S PAINTINGS COMBINE ABSTRACTION AND FIGURATION WITH EXPRESSIVE IMAGINATION, FRAGMENTED BODIES, BANAL OBJECTS, AND QUOTIDIAN SCENES TO CREATE ODDLY COMPELLING AND INTRIGUING PICTURES. OVER THE LAST DECADE, SHE HAS HONED HER APPROACH TO PAINTING, CREATING TIGHTLY STRUCTURED SCENARIOS AND COMPRESSED INTERIORS. HER WORKS CAPTURE SUBJECTS WHO SEEM TO BE ACTIVELY MANAGING, EVEN FIGHTING, THE LIMITATIONS OF THEIR DEPICTED ENVIRONMENTS-BOUNDARIES SET BY THE CANVASES' ACTUAL BORDERS. MANY OF HER PAINTINGS, SUCH AS GETTING DRESSED ALL AT ONCE (2012) AND SHAVING (2010), DEPICT DISTORTED BODIES, REVEALING A NUANCED EXPLORATION OF THE FEMALE BODY ENGAGED IN LIFE'S EVERYDAY RITUALS. DRAWING ON THE LEGACIES OF BOTH FIGURATIVE AND ABSTRACT PAINTING, WITH NODS TO TOUCHSTONE FIGURES SUCH AS GEORGE GROSZ AND MAX BECKMANN, SCHUTZ'S UNIQUE VOICE IN PAINTING EXEMPLIFIES THE EXPANSIVE POSSIBILITIES OF THE MEDIUM TODAY. IN HER WORK, THE ARTIST EXPLORES WHAT CAN OCCUR WITHIN PARAMETERS OF SPACE AND TIME AND HOW FINITE ZONES CAN UNFOLD INTO CURIOUS AND EVOCATIVE NARRATIVES. OVER THE COURSE OF HER TWENTY-YEAR CAREER, DANA SCHUTZ'S WORK HAS BEEN THE SUBJECT OF MAJOR MUSEUM EXHIBITIONS BOTH NATIONALLY AND INTERNATIONALLY, INCLUDING MOST RECENTLY A SURVEY AT THE MUSEE D'ART CONTEMPORAIN DE MONTREAL, CANADA, AND AN EXHIBITION OF NEW WORKS AT THE KESTNERGESELLSCHAFT, HANOVER, GERMANY. ORGANIZED BY EVA RESPINI, BARBARA LEE CHIEF CURATOR, WITH JESSICA HONG, ASSISTANT CURATOR MARK DION: MISADVENTURES OF A 21ST-CENTURY NATURALIST OCTOBER 4 - DECEMBER 31, 2017 WEST GALLERY MARK DION: MISADVENTURES OF A 21ST-CENTURY NATURALIST, THE ARTIST'S FIRST U.S. SURVEY, EXAMINED 30 YEARS OF HIS PIONEERING INQUIRIES INTO HOW WE COLLECT, INTERPRET, AND DISPLAY NATURE. SINCE THE EARLY 1990S, MARK DION (B. 1961, NEW BEDFORD, MA) HAS FORGED A UNIQUE, INTERDISCIPLINARY PRACTICE BY EXPLORING AND APPROPRIATING SCIENTIFIC METHODOLOGIES. OFTEN WITH AN EDGE OF IRONY, HUMOR, AND IMPROVISATION, DION DECONSTRUCTS BOTH SCIENTIFIC AND MUSEUM-BASED RITUALS OF COLLECTING AND EXHIBITING OBJECTS BY CRITICALLY ADOPTING THEM INTO HIS ARTISTIC PRACTICE. HE HAS TRAVELED THE WORLD TO GATHER PLANT AND ANIMAL SPECIMENS, CONDUCTED ARCHEOLOGICAL DIGS, AND RUMMAGED THROUGH FORGOTTEN COLLECTIONS, ARRANGING HIS FINDS INTO BRIMMING CURIOSITY CABINETS AND CHARISMATIC SCULPTURES. HIS PROJECTS AND EXHIBITIONS OFFER NOVEL APPROACHES TO QUESTIONING INSTITUTIONAL POWER, WHICH HE SEES AS CONNECTED TO THE CONTROL AND REPRESENTATION OF THE NATURAL WORLD. ORGANIZED AROUND THREE OF DION'S PRIMARY METHODS-FIELDWORK, EXCAVATION, AND CULTIVATION-THE EXHIBITION TRACED HIS RESEARCH-INTENSIVE WORK ACROSS MEDIA, TIME, AND PLACE, BRINGING TOGETHER MORE THAN 20 OF THE ARTIST'S MOST SIGNIFICANT ARTWORKS, PLUS A NEWLY COMMISSIONED INTERACTIVE SCULPTURE AND A SALON TITLED THE TIME CHAMBER CONTAINING EPHEMERA, JOURNALS, PRINTS, AND DRAWINGS. THE EXHIBITION OFFERED A RARE LOOK ACROSS THE ARTIST'S INFLUENTIAL PRACTICE AND DISTINCTIVE MATERIAL VOCABULARY, AND WAS ACCOMPANIED BY A FULLY-ILLUSTRATED CATALOG FEATURING TEXTS FROM RUTH ERICKSON, JAMES NISBET, ANDREA BARRETT, MARK DION, AND PETRA LANGE-BERNDT, AS WELL AS A CONVERSATION BETWEEN THE ARTIST AND MARY JANE JACOB. THE SURVEY INCLUDED MAJOR WORKS SUCH AS THE N.Y. STATE BUREAU OF TROPICAL CONSERVATION, 1992, AND TOYS 'R' U.S. (WHEN DINOSAURS RULED THE EARTH), 1994, EACH A ROOM-SIZED COLLECTION OF OBJECTS THAT RUMINATE ON CONSUMPTION, EXTINCTION, AND THE GLOBAL ENVIRONMENTAL CRISIS. THE LIBRARY FOR THE BIRDS OF NEW YORK/THE LIBRARY FOR THE BIRDS OF MASSACHUSETTS, 2016/2017, IMMERSES AUDIENCES IN AND AROUND A 20-FOOT CAGE THAT HOUSES LIVE FINCHES AND CANARIES COMMINGLING WITH THE ACCOUTREMENTS OF ORNITHOLOGY -NETS, BINOCULARS, AND BOOKS- ARRANGED AROUND A TREE. IN THESE AND OTHER WORKS, DION MARRIES DISCOURSES OF SCIENCE WITH THOSE OF THE ART MUSEUM, REVEALING THEIR INTERRELATED ROLES AS PURVEYORS OF KNOWLEDGE AND TRUTH. ORGANIZED BY RUTH ERICKSON, MANNION FAMILY CURATOR, WITH JESSICA HONG, CURATORIAL ASSOCIATE, AND KATHRINNE DUFFY, RESEARCH FELLOW. NICHOLAS NIXON: PERSISTENCE OF VISION DECEMBER 13, 2017 - APRIL 12, 2018 FOTENE DEMOULAS GALLERY BASED IN BOSTON SINCE THE 1970S, NICHOLAS NIXON HAS CAPTURED THE INTIMATE DETAILS OF FAMILY, RELATIONSHIPS, AND LIFE AS IT UNFOLDS IN FRONT OF HIS CAMERA. USING A LARGE-FORMAT 8 X 10-INCH CAMERA AND BLACK-AND-WHITE FILM, HE PHOTOGRAPHS BOSTON'S CHANGING LANDSCAPE, PORCH LIFE IN THE RURAL SOUTH, SICK OR DYING PEOPLE, AND HIS OWN FAMILY. THIS EXHIBITION SURVEYS THE ARTIST'S PROLIFIC CAREER AND IS ORGANIZED AROUND THE REMARKABLE ONGOING PROJECT THE BROWN SISTERS, A SERIES OF GROUP PORTRAITS OF NIXON'S WIFE BEBE AND HER THREE SISTERS, HEATHER, MIMI, AND LAURIE TAKEN ANNUALLY SINCE 1975. THE BROWN SISTERS WAS PRESENTED IN ITS ENTIRETY, EACH PORTRAIT PAIRED WITH OTHER PHOTOGRAPHS MADE BY NIXON IN THE SAME YEAR, DRAWN FROM OTHER BODIES OF WORK, INCLUDING SCHOOLS IN AND AROUND BOSTON, PEOPLE WITH AIDS, COUPLES, AND LANDSCAPES. TOGETHER THESE PICTURES UNDERSCORE PHOTOGRAPHY'S SINGULAR ABILITY TO CAPTURE THE PASSAGE OF TIME IN INCREMENTAL MOMENTS AND ARE A TESTAMENT TO NIXON'S EXTRAORDINARY PERSISTENCE OF VISION. NICHOLAS NIXON WAS BORN IN DETROIT, MICHIGAN, IN 1947. HE LIVES AND WORKS IN BROOKLINE. ORGANIZED BY EVA RESPINI, BARBARA LEE CHIEF CURATOR, WITH JESSICA HONG, ASSISTANT CURATOR HITO STEYERL: LIQUIDITY INC. DECEMBER 13, 2017 - APRIL 22, 2018 PAUL AND CATHERINE BUTTENWIESER GALLERY HITO STEYERL (B. 1966, MUNICH, GERMANY) IS AN ARTIST, FILMMAKER, AND WRITER WHOSE ART SPEAKS URGENTLY TO OUR DIGITALLY MEDIATED ERA. IN HER WORK, SHE HAS ADDRESSED THE WIDE-RANGING EFFECTS OF TODAY'S MASS PROLIFERATION AND DISSEMINATION OF IMAGES, ISSUES OF SURVEILLANCE AND MILITARIZATION, AND THE EVOLVING FUNCTIONS OF TECHNOLOGY IN OUR NETWORKED CULTURE. LIQUIDITY INC. (2014), A NEW ACQUISITION TO THE ICA'S COLLECTION, WAS ON VIEW AT THE MUSEUM FOR THE FIRST TIME. AS SUGGESTED BY THE TITLE, THIS VIDEO SCULPTURE USES WATER AS ITS GUIDING THEME, AND HAS PARTICULAR RESONANCE AT THE ICA'S WATERFRONT LOCATION. LIQUIDITY INC. TAKES AS A POINT OF DEPARTURE THE STORY OF JACOB WOOD, A FORMER FINANCIAL ANALYST WHO LOST HIS JOB DURING THE 2008 ECONOMIC RECESSION AND DECIDED TO TURN HIS HOBBY IN MIXED MARTIAL ARTS INTO A CAREER. STEYERL FOLLOWS ACTOR AND MARTIAL ARTIST BRUCE LEE'S DICTUM TO "BE SHAPELESS, FORMLESS, LIKE WATER," TURNING "LIQUIDITY" INTO A TROPE FLUID ENOUGH TO SPEAK ABOUT EVERYTHING FROM THE WEATHER TO WATER AS MATERIAL RESOURCE, TO THE CIRCULATION OF INFORMATION AND ASSETS. PROJECTED ONTO A DOUBLE-SIDED SCREEN IN FRONT OF A WAVE-LIKE RAMP STRUCTURE, LIQUIDITY INC. STAGED A CAPTIVATING PARABLE OF ECONOMIC CRISIS AND CONTEMPORARY CULTURE THAT WAS BY TURNS PLAYFUL AND POIGNANT. HITO STEYERL: LIQUIDITY INC. WAS PRESENTED IN CONJUNCTION WITH THE EXHIBITION ART IN THE AGE OF THE INTERNET, 1989 TO TODAY (FEBRUARY 7 - MAY 28, 2018). ORGANIZED BY EVA RESPINI, BARBARA LEE CHIEF CURATOR, WITH JEFFREY DE BLOIS, ASSISTANT CURATOR WANGECHI MUTU: A PROMISE TO COMMUNICATE JANUARY 20 - DECEMBER 31, 2018 SANDRA AND GERALD FINEBERG ART WALL ARTIST WANGECHI MUTU (B. 1972, NAIROBI, KENYA) IS KNOWN FOR HER SELF-PROCLAIMED "MAXIMALIST AESTHETIC," HYBRID COMPOSITIONS, AND WALL-BASED WORKS THAT ADD TEXTURE AND DIMENSION TO ARCHITECTURAL SPACES. FEMINISM, AFROFUTURISM, AND MARGINAL SPACES FIGURE IN HER CATEGORY-DEFYING COLLAGE AND SCULPTURE WORK. IN A NEW COMMISSION FOR THE ICA, MUTU USED THE ROUGH, GRAY RESCUE BLANKETS OF HUMANITARIAN AID EFFORTS AND EMERGENCIES TO CREATE A LESS RATIONAL INTERPRETATION OF THE WORLD MAP. TITLED A PROMISE TO COMMUNICATE, THE WORK CREATES A SPACE FOR VISITORS TO EXPLORE IDEAS OF PUBLIC SPACE, COMMUNICATION, AND FREE SPEECH, ADDRESSING THE IDEA OF A WORLD THAT DESPITE ITS INCREASING POTENTIAL FOR COLLECTIVITY STRUGGLES TO COMMUNICATE IN A COMPREHENSIVE WAY. ORGANIZED BY RUTH ERICKSON, MANNION FAMILY CURATOR, WITH JESSICA HONG, ASSISTANT CURATOR ART IN THE AGE OF THE INTERNET, 1989 TO TODAY FEBRUARY 7 - MAY 20, 2018 BRIDGITT AND BRUCE EVANS FAMILY AND WEST GALLERIES ART IN THE AGE OF THE INTERNET, 1989 TO TODAY EXAMINED HOW THE INTERNET HAS RADICALLY CHANGED THE FIELD OF ART, ESPECIALLY IN ITS PRODUCTION, DISTRIBUTION, AND RECEPTION. THE EXHIBITION COMPRISED A BROAD RANGE OF WORKS ACROSS A VARIETY OF MEDIUMS-INCLUDING PAINTING, PERFORMANCE, PHOTOGRAPHY, SCULPTURE, VIDEO, AND WEB-BASED PROJECTS-THAT ALL INVESTIGATE THE EXTENSIVE EFFECTS OF THE INTERNET ON ARTISTIC PRACTICE AND CONTEMPORARY CULTURE. THEMES EXPLORED IN THE EXHIBITION INCLUDED EMERGENT IDEAS OF THE BODY AND NOTIONS OF HUMAN ENHANCEMENT; THE INTERNET AS A SITE OF BOTH SURVEILLANCE AND RESISTANCE; THE CIRCULATION AND CONTROL OF IMAGES AND INFORMATION; POSSIBILITIES FOR NEW SUBJECTIVITIES, COMMUNITIES, AND VIRTUAL WORLDS; AND NEW ECONOMIES OF VISIBILITY INITIATED BY SOCIAL MEDIA.
FORM 990, PART III, LINE 4A ART IN THE AGE OF THE INTERNET FEATURED WORK OF AN INTERNATIONAL, INTERGENERATIONAL GROUP OF ARTISTS, INCLUDING JUDITH BARRY, DARA BIRNBAUM, HARUN FAROCKI, JOSH KLINE, LYNN HERSHMAN LEESON, TREVOR PAGLEN, NAM JUNE PAIK, THOMAS RUFF, FRANCE STARK, HITO STEYERL, MARTINE SYMS, AND ANICKA YI. THE EXHIBITION WAS ACCOMPANIED BY A MAJOR SCHOLARLY PUBLICATION AND WEB PLATFORM. IN ASSOCIATION WITH THE EXHIBITION, 14 ARTS ORGANIZATIONS THROUGHOUT GREATER BOSTON PARTNERED TO PRESENT AN AMBITIOUS, REGION-WIDE EXPLORATION OF ART AND TECHNOLOGY. THIS EXCITING CULTURAL COLLABORATION OFFERED A RANGE OF EXHIBITIONS, PERFORMANCES, FILM SCREENINGS, AND OTHER PROGRAMS ALL EXPLORING THE RELATIONSHIP BETWEEN ART AND TECHNOLOGY IN CELEBRATION OF THE BOSTON AREA'S RICH HISTORY OF TECHNICAL INNOVATION, AND ITS OVERLAP WITH ART. OFFERINGS TOUCHED ON ISSUES OF PRIVACY, COMMUNITY, NETWORKS, IDENTITY, INNOVATIONS, SURVEILLANCE, AND MORE. PARTNER ORGANIZATIONS INCLUDED BERKLEE COLLEGE OF MUSIC, BOSTON CYBERARTS, CARPENTER CENTER FOR THE VISUAL ARTS AT HARVARD UNIVERSITY, DECORDOVA SCULPTURE PARK AND MUSEUM, HARVARD ART MUSEUMS, HARVARD FILM ARCHIVE, ISABELLA STEWART GARDNER MUSEUM, MIT LIST VISUAL ARTS CENTER, MUSEUM OF FINE ARTS, BOSTON, MUSEUM OF SCIENCE, PEABODY ESSEX MUSEUM, ROSE ART MUSEUM AT BRANDEIS UNIVERSITY, AND TUFTS UNIVERSITY ART GALLERIES. ORGANIZED BY EVA RESPINI, BARBARA LEE CHIEF CURATOR, WITH JEFFREY DE BLOIS, ASSISTANT CURATOR. CAITLIN KEOGH: BLANK MELODY MAY 9 - AUGUST 26, 2018 PAUL AND CATHERINE BUTTENWIESER GALLERY THIS EXHIBITION WAS THE FIRST SOLO MUSEUM PRESENTATION OF THE PAINTINGS OF NEW YORK-BASED ARTIST CAITLIN KEOGH (B. 1982, ANCHORAGE, ALASKA). KEOGH'S WORK EXPLORES QUESTIONS OF GENDER AND REPRESENTATION, ARTICULATIONS OF PERSONAL STYLE, AND THE CONSTRUCTION OF ARTISTIC IDENTITY. HER VIVID, SEDUCTIVE PAINTINGS COMBINE THE GRAPHIC LINES OF HAND-DRAWN COMMERCIAL ILLUSTRATION WITH THE BOLD MATTE COLORS OF THE APPLIED ARTS TO REIMAGINE FRAGMENTS OF FEMALE BODIES, NATURAL MOTIFS, PATTERN, AND ORNAMENTATION. DRAWING FROM CLOTHING DESIGN, ILLUSTRATION, AND INTERIOR DECORATION AS MUCH AS ART HISTORY, KEOGH'S LARGE-SCALE CANVASES DISSECT ELEMENTS OF REPRESENTATIONS OF FEMININITY WITH CONSIDERABLE WIT, POINTING TO THE UNDERLYING CONDITIONS OF THE PRODUCTION OF IMAGES OF WOMEN. NATURAL FORMS RECUR THROUGHOUT HER WORK AS A MEANS OF DEPICTING ARTISTIC STYLE, AND FOR THE WAY THAT THESE DIFFERENT DEPICTIONS SPEAK TO SPECIFIC POLITICAL AND CULTURAL CONTEXTS, SUCH AS HER EXAMINATION OF THE NATURALISTIC DESIGNS OF THE 19TH-CENTURY BRITISH TEXTILE DESIGNER WILLIAM MORRIS AND HOW THEY RELATE TO HIS UTOPIAN POLITICS. THE EXHIBITION TOOK ITS TITLE FROM AN INTERPRETIVE POEM WRITTEN BY CHARITY COLEMAN FOR KEOGH'S RECENT ARTIST BOOK HEADLESS WOMAN WITH PARROT (2017). KEOGH CREATED A NEW BODY OF WORK IN RESPONSE TO COLEMAN'S IMAGISTIC POEM FOR THE EXHIBITION. ORGANIZED BY JEFFREY DE BLOIS, ASSISTANT CURATOR KEVIN BEASLEY MAY 9 - AUGUST 26, 2018 FOTENE DEMOULAS GALLERY ONE OF THE MOST EXCITING ARTISTS TO EMERGE IN RECENT YEARS, NEW YORK-BASED KEVIN BEASLEY (B. 1985, LYNCHBURG, VA) UNIQUELY COMBINES SOUND AND CLOTHING-HIS CORE ARTISTIC MATERIALS-IN STUNNING, DENSELY PACKED SCULPTURES AND IMMERSIVE ACOUSTIC EXPERIENCES. THIS EXHIBITION, HIS FIRST IN BOSTON, PRESENTED A SELECTION OF THE ARTIST'S SCULPTURES MADE OVER THE PAST FIVE YEARS. BEASLEY'S EARLY WORKS HARNESSED THE PHYSICAL QUALITIES OF SOUND, DEPLOYING VIBRATIONS AND ECHOES THAT PENETRATE THE BODIES OF BOTH PERFORMERS AND AUDIENCE. HE HAS EMBEDDED MICROPHONES AND OTHER ELECTRONIC MUSICAL EQUIPMENT IN SCULPTURES MADE OF SNEAKERS AND FOAM, MANIPULATING THEIR SONIC POSSIBILITIES IN HIS LIVE PERFORMANCES. FOUND OBJECTS AND CLOTHING, OFTEN THE ARTIST'S OWN, ARE CENTRAL IN BEASLEY'S DIVERSE SCULPTURAL WORK, RANGING FROM COMPOSITIONS OF SHREDDED T-SHIRTS AND HOODIES TO FITTED HATS, DO-RAGS, AND BASKETBALL JERSEYS. MORE RECENT WORKS ARE CONSTRUCTED FROM COLORFULLY PATTERNED HOUSEDRESSES STIFFENED WITH RESIN THAT STAND ON THE FLOOR AND PROTRUDE FROM THE WALLS, AT TIMES HARDENED OVER SOUND-BAFFLING FOAM PANELS OR CONCAVE FORMS THAT BEASLEY REFERS TO AS "ACOUSTIC MIRRORS." APPEARING LIKE SATELLITE DISHES OR CLUSTERS OF GHOSTLY FIGURES, THESE WORKS BECOME CONDUITS FOR ABSENT BODIES AND HISTORIES THAT THE ARTIST EVOKES THROUGH COLOR, PATTERN, AND TEXTURE. IN THE SPIRIT OF ARTISTS NOAH PURIFOY AND DAVID HAMMONS, BEASLEY HIGHLIGHTS THE IMPORTANCE OF PERSONAL MEMORY AND TO EXPLORE HOW LIVED EXPERIENCE INTERSECTS WITH BROADER EXAMINATIONS OF POWER AND RACE IN AMERICA. THIS EXHIBITION WAS ACCOMPANIED BY A SMALL ILLUSTRATED PUBLICATION -THE FIRST ABOUT THE ARTIST- FEATURING AN ESSAY BY RUTH ERICKSON AND A CONVERSATION BETWEEN KEVIN BEASLEY AND MARK BRADFORD. ORGANIZED BY RUTH ERICKSON, MANNION FAMILY CURATOR, WITH JEFFREY DE BLOIS, ASSISTANT CURATOR ARTHUR JAFA: LOVE IS THE MESSAGE, THE MESSAGE IS DEATH JUNE 27 - SEPTEMBER 30, 2018 BRIDGITT AND BRUCE EVANS FAMILY GALLERY ARTIST, CINEMATOGRAPHER, AND FILMMAKER ARTHUR JAFA (B. 1960, TUPELO, MISSISSIPPI) FREQUENTLY STATES THAT HE HOPES TO CREATE CINEMA THAT "REPLICATES THE POWER, BEAUTY, AND ALIENATION OF BLACK MUSIC." LOVE IS THE MESSAGE, THE MESSAGE IS DEATH IS A SINGLE-CHANNEL VIDEO INSTALLATION SET TO KANYE WEST'S STIRRING, GOSPEL-INSPIRED SONG "ULTRALIGHT BEAM." IT COMPRISES ORIGINAL AND FOUND FOOTAGE FROM CONCERTS, MARCHES, MUSIC VIDEOS, NEWS REPORTS, POLICE CAMERAS, YOUTUBE VIDEOS, AS WELL AS SCENES FROM JAFA'S WELL-KNOWN 2014 DOCUMENTARY DREAMS ARE COLDER THAN DEATH, WHICH LYRICALLY REFLECTS ON MARTIN LUTHER KING JR.'S LEGACY WITHIN CONTEMPORARY BLACK EXPERIENCES. CRITICALLY AWARE OF BLACK REPRESENTATION IN MAINSTREAM MEDIA, JAFA INCORPORATES A WIDE RANGE OF IMAGERY, COLLAGING AND INTERSPERSING CLIPS OF FIGURES SUCH AS MARTIN LUTHER KING JR., BARACK OBAMA, JAMES BROWN, BEYONC, AND FREDDIE GRAY, AS WELL AS HIP-HOP PERFORMANCES, SPORTS GAMES WITH PREDOMINANTLY BLACK ATHLETES, AND VIOLENT POLICE ARRESTS OF BLACK MEN AND WOMEN. AMPLIFIED BY THE MUSICAL TRACK, LOVE IS THE MESSAGE, THE MESSAGE IS DEATH PRESENTS GLIMPSES OF THE JOYS, TRAUMAS, AND TRIUMPHS OF BLACK LIFE IN THIS COUNTRY. ORGANIZED BY JESSICA HONG, ASSISTANT CURATOR WE WANTED A REVOLUTION: BLACK RADICAL WOMEN, 1965-85 JUNE 27 - SEPTEMBER 30, 2018 KAREN AND BRIAN CONWAY GALLERIES FOCUSING ON THE WORK OF BLACK WOMEN ARTISTS, WE WANTED A REVOLUTION: BLACK RADICAL WOMEN, 1965-85 EXAMINES THE POLITICAL, SOCIAL, CULTURAL, AND AESTHETIC PRIORITIES OF WOMEN OF COLOR DURING THE EMERGENCE OF SECOND-WAVE FEMINISM. IT IS THE FIRST EXHIBITION TO HIGHLIGHT THE VOICES AND EXPERIENCES OF WOMEN OF COLOR -DISTINCT FROM THE PRIMARILY WHITE, MIDDLE-CLASS MAINSTREAM FEMINIST MOVEMENT- IN ORDER TO REORIENT CONVERSATIONS AROUND RACE, FEMINISM, POLITICAL ACTION, ART PRODUCTION, AND ART HISTORY IN THIS SIGNIFICANT HISTORICAL PERIOD. THE EXHIBITION FEATURES A WIDE ARRAY OF WORK, INCLUDING PERFORMANCE, FILM, AND VIDEO ART, AS WELL AS PHOTOGRAPHY, PAINTING, SCULPTURE, AND PRINTMAKING BY A DIVERSE GROUP OF ARTISTS AND ACTIVISTS WHO LIVED AND WORKED AT THE INTERSECTIONS OF AVANT-GARDE ART WORLDS AND RADICAL POLITICAL MOVEMENTS. ARTISTS INCLUDED CAMILLE BILLOPS, ELIZABETH CATLETT, JULIE DASH, MAREN HASSINGER, JAE JARRELL, LORRAINE O'GRADY, HOWARDENA PINDELL, FAITH RINGGOLD, BETYE SAAR, LORNA SIMPSON, AND CARRIE MAE WEEMS, AMONG MANY OTHERS. ORGANIZED BY THE BROOKLYN MUSEUM. THE BOSTON PRESENTATION WAS COORDINATED BY JESSICA HONG, ASSISTANT CURATOR, THE INSTITUTE OF CONTEMPORARY ART/BOSTON.
FORM 990, PART VI, SECTION B, LINE 11B 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: GAIN ON SPLIT INTEREST AGREEMENTS 4,804. CAPITALIZED DONATED SERVICES 105,436.
FORM 990, PART III, LINE 4D, OTHER PROGRAM SERVICES CONT'D: EDUCATION, TEENS, ADULTS: COMMUNITY PROGRAMS AND PARTNERSHIPS (SELECT) CONT'D - HARVARD GRADUATE SCHOOL OF EDUCATION - HIGHLAND STREET FOUNDATION - HUTCHINS CENTER FOR AFRICAN & AFRICAN AMERICAN RESEARCH - HYDE SQUARE TASK FORCE - MASS LEAP - MASS PORT - MIT LIST CENTER FOR VISUAL ARTS - NEMES - NEW ENGLAND AQUARIUM - NEW ENGLAND FOLK HERITAGE - NORTHEASTERN CENTER FOR THE ARTS - PIERS PARK - PROJECT MOVES - SAM ADAMS SCHOOL - SCRATCH - SOCIEDAD LATINA AT UMANA ACADEMY - THE GOTTABEES - UMASS BOSTON - UMASS DARTMOUTH - UMASS LOWELL - WINDY FILMS - YOUNG AUDIENCES OF MA - ZUMIX SELECT ARTIST PARTNERSHIPS: - BENNIE FLORES ANSELL - EVELYN RYDZ - MARK DION - OOMPA - SAYA WOOLFALK AND AYA WOOLFALK MITCHELL - SUSANNAH LAWRENCE - WES SAM-BRUCE TOUR PROGRAMS OUR PUBLIC AND PRIVATE TOUR PROGRAMS SERVED THE FOLLOWING NUMBER OF PARTICIPANTS IN FY18: 12,652 TEEN PROGRAMS - TEEN PROGRAMS SERVED A TOTAL OF 2,640 THROUGH THE PROGRAMS LISTED BELOW. TEEN NIGHTS, ART HAPPENINGS ORGANIZED AND PROMOTED FOR TEENS BY TEENS, SERVED 1,318 TEENS (INCLUDES SPRING SHOWCASE). EDUCATIONAL RESOURCES AND STUDENT FILMS CREATED THROUGH ICA TEEN PROGRAMS WERE ALSO ACCESSIBLE VIA THE ICATEENS.ORG WEBSITE. TEEN PROGRAMS ARTIST ENCOUNTERS - WES SAM-BRUCE - SUMMER 2017 - MARK DION - FALL 2017 - OKWUI OKPOKWASILI - SPRING 2018 NO TEEN CONVENING THIS FISCAL YEAR EXTENDED TEEN PROGRAMS - FAST FORWARD THURSDAY - FAST FORWARD FRIDAY - PERFORMING ARTS CREW - TEEN PROGRAMS ALUMNI NETWORK - WALL TALK - BOSTON COLLEGIATE CHARTER SCHOOL - BOSTON LATIN ACADEMY - BRIGHTON HIGH SCHOOL - EAST BOSTON HIGH SCHOOL - EXCEL HIGH SCHOOL - GREATER EGLESTON HIGH SCHOOL - MCKINLEY SOUTH END ACADEMY - NEIGHBORHOOD HOUSE CHARTER SCHOOL - RAFAEL HERNANDEZ SCHOOL - ROXBURY PREP HIGH SCHOOL - URBAN SCIENCE ACADEMY - TEEN ARTS COUNCIL 15 STUDENTS, FROM: - URBAN SCIENCE ACADEMY - SNOWDEN INTERNATIONAL SCHOOL AT COPLEY - PHOENIX CHARTER ACADEMY - REVERE HIGH SCHOOL - ARLINGTON HIGH SCHOOL - BOSTON DAY AND EVENING - MCKINLEY SOUTH END ACADEMY - BOSTON LATIN ACADEMY - HOME SCHOOL TEEN NIGHTS - SUMMERTIME SOL JAM - MISCELLANEOUS MISADVENTURES - IRL - SPRING SHOWCASE THE CURRENT - ROOTED: THE NATURE OF UNCERTAINTY, YOUTH ARTIST SHOWCASE & DISCUSSION - FALL 2017 - THE INTERNET:// DESENSITIZE.ME - SPRING 2018 TEEN NEW MEDIA WORKSHOPS - DIGITAL PHOTOGRAPHY: INTRO (CAMERA BASICS) - FALL 2017 - DIGITAL PHOTOGRAPHY: INTRO (CAMERA BASICS) - SPRING 2018 - DIGITAL PHOTOGRAPHY: ADVANCED PHOTOGRAPHY - SPRING 2018 - DIGITAL PHOTOGRAPHY: SPECIAL FOCUS - FALL 2017 - DIGITAL PHOTOGRAPHY: SPECIAL FOCUS - SPRING 2018 - DIGITAL SAMPLER I - SUMMER 2017 - FILM SCHOOL - SUMMER 2017 - FILM SCHOOL - SPRING 2018 - GRAPHIC DESIGN: CHARACTER DESIGN AND ANIMATION - SPRING 2018 - MUSIC PRODUCTION: BEAT MAKING 101 - SUMMER 2017 - MUSIC PRODUCTION: AMP - FALL 2017 - MUSIC PRODUCTION: DJ 101 (X2) - FALL 2017 - MUSIC PRODUCTION: BEAT MAKING 101 - SPRING 2018 - MUSIC PRODUCTION: DJ 101 - SPRING 2018 - WORKSHOPS WITH UMASS URBAN SCHOLARS PROGRAM - SUMMER 2017 BOSTON PUBLIC SCHOOLS ARTS CREDIT PROGRAM PARTNERS - BOSTON DAY & EVENING ACADEMY - CHARLESTOWN HIGH SCHOOL - EAST BOSTON HIGH SCHOOL - EXCEL HIGH SCHOOL - SNOWDEN INTERNATIONAL SCHOOL AT COPLEY TEEN EXHIBITIONS - "OUR CITY, OUR PEOPLE" - HARVARD GRADUATE SCHOOL OF EDUCATION, MONROE C. GUTMAN LIBRARY; MAYOR'S GALLERY, BOSTON CITY HALL MISCELLANEOUS TEEN PROGRAM EVENTS: - CROSSING THE STREET + ICA READS - SPRING 2018 - DO IT YOUR DAMN SELF FILM SCREENING - SPRING 2018 - EMPOWERING GENERATIONS OF LEADERS: ALUMNI NETWORKING - SPRING 2018 - FASTFORWARD ALUMNI SCREENING - SPRING 2018 - FASTFORWARD WINTER SHOWCASE - FALL 2017 - THE MOVEMENT - SUMMER 2017 - TEEN ARTS COUNCIL ALUMNI REUNION - FALL 2017
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2019


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