Organizations Filed Purposes:
THE PURPOSE FOR WHICH THE CORPORATION IS FORMED IS ANY PURPOSE FOR WHICH CORPORATIONS MAY BE ORGANIZED UNDER THE NOT-FOR-PROFIT CORPORATION LAW AS A CHARITABLE CORPORATION, AND SPECIFICALLY, THE CORPORATION IS ORGANIZED AND WILL BE OPERATED AT ALL TIMES EXCLUSIVELY FOR THE BENEFIT OF THE STUDIO MUSEUM IN HARLEM, A NEW YORK NOT-FOR-PROFIT CORPORATION ("THE STUDIO MUSEUM IN HARLEM"), SO LONG AS THE STUDIO MUSEUM IN HARLEM IS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) AND SECTION 509(A)(L) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE"), IN FURTHERANCE OF THE CHARITABLE PURPOSES OF THE STUDIO MUSEUM IN HARLEM.
THE CORPORATION UNDERTOOK THE ACTIVITIES FOR WHICH IT WAS GRANTED EXEMPT STATUS: HOLDING TITLE AND LEASE PROPERTY IN NEW YORK, NEW YORK PREVIOUSLY OWNED OR LEASED BY THE STUDIO MUSEUM IN HARLEM AND BORROWING LOW-INTEREST RATE FUNDS IN CONNECTION WITH THE REHABILITATION OF THE SAME PROPERTY. DEMOLITION AND CONSTRUCTION HAVE BEEN CONDUCTED ON THE PROPERTY DURING THE YEAR. COSTS FOR THIS FISCAL YEAR WERE RELATED TO THE COMPLETION OF THE ABATEMENT PHASE, THE EARLY PHASE OF THE DEMOLITON PHASE [WE ARE BUILDING IN OUR EXISTING FOOTPRINT AND NEED TO DEMOLISH OUR EXISTING BUILDING] AND INTEREST COSTS RELATED TO THE NMTC FINANCING.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Joanne Rosen | BOARD MEMBER | 1 | $0 |
| Ruthard Murphy | BOARD MEMBER | 1 | $0 |
| Sheila Mcdaniel | TREASURER | 1 | $0 |
| Rodney M Miller | SECRETARY | 1 | $0 |
| Thelma Golden | CHAIRPERSON | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202041969349304234_public.xml