Seventh Regiment Armory Conservancy Inc.

“A draft form 990, prepared by eisneramper llp based on information provided by management, is submitted to the cao/cfo and president for review. Upon approval, the draft form 990 is provided to the finance/audit committee of the board for review, comment, and approval. Upon the finance/audit committee's approval, the form 990 is provided to the full board, prior to its electronic filing with the internal revenue service.”

“All board members, officers, and key employees are required to complete a conflict-of-interest disclosure form on an annual basis. Any potential conflicts reported in the disclosure forms are reviewed by the finance/audit committee of the board. Any conflict that becomes known during the year shall be reported to the finance/audit committee. The evaluation and resolution policies outlined in the conflict-of-interest policy shall be applied.”

“Compensation of the president is subject to review and approval by the executive committee of the board. The co-chairs obtain compensation information from independent sources which serve as the basis for compensation offered to the executive position identified above. Other senior employee compensation is reviewed and approved by the president.”

“The form 990 and audited financial statements are available upon request.”

“ARTISTIC PROGRAMMING After city-wide shutdowns beginning in the spring of 2020, the Armory quickly turned to its unique assets - a vast 55,000 sf Drill Hall, an "only at the Armory" approach to re-imagining the audience experience every time, and a multi-disciplinary artistic community - to invent new ways of continuing to fulfill its mission for artists and students. The result was a new "Social Distance Hall" model for commissioning and producing new work that could employ artists and provide a glimmer of hope for the sector, alongside artistic programs that could continue remotely, including Public Programs and our Artists-in-Residence program. In May 2020, the Armory began reaching out to artists to commission new works for its new "Social Distance Hall" concept, and in June, began working with the Governor's Task Force on Arts & Entertainment to allow spaces such as ours to open to the public. With its flat open floor, state-of-the-art ventilation, multiple entrances, and no fixed seating or stage, the Social Distance Hall can present live performances within the necessary health and safety regulations and protocols due to the pandemic, allowing the Armory to open a very safe and socially distanced hall to audiences. The Armory was officially given the right to rehearse, workshop and film under the NYS Media Guidelines in fall 2020, and we conducted workshops of new Social Distance Hall commissions SOCIAL!, a new participatory movement experience conceived by Christine Jones, Steven Hoggett, and David Byrne, and Afterwardsness, a moving new dance work by Bill T. Jones. In October, we rehearsed, conducted workshops, and filmed a production of Afterwardsness with three live "cast" audiences who followed detailed safety protocols and were surveyed about how safe they felt during the experience (the average rating was 4.9/5). During this time, we also began development of additional Social Distance Hall commissions by leading artists Jason Moran and Laurie Anderson and director Robert Icke. The Armory also continued its Artist-in-Residence program remotely, to support artists in these difficult times. Current Artists-in-Residence include two-time Pulitzer Prize-winning playwright Lynn Nottage; Obie winner and Pulitzer short-listed playwright Branden Jacob-Jenkins and Carmelita Tropicana; Reggie (Regg Roc) Gray and the D.R.E.A.M. Ring; singer and composer Sara Serpa; Tony-winning set designer and director Christine Jones and choreographer Steven Hoggett; and Mimi Lien, the first set designer to receive a MacArthur Fellowship. Prior to the cancellation of in-person programming beginning in mid-March 2020, the Armory presented a diverse calendar of artistic programs for the restored historic rooms, including select programs that were able to continue remotely: - Recital Series: In the Board of Officers Room, the Recital Series featured Italian soprano Rosa Feola, a rising star throughout Europe who presented a varied program on January 13th and 15th alongside Scottish pianist Iain Burnside that included works by Giuseppe Martucci, Franz Liszt, Ottorino Respighi, and Gioachino Rossini; the Metropolitan Opera's Lindemann Young Artists program with selections from Mahler and Rossini on February 18th and 20th; and German-French cellist Nicolas Altstaedt performing Johann Sebastian Bach's iconic Six Suites for Cello on March 11th and 12th. - Artists Studio Series: This series is curated by pianist, composer, and MacArthur "Genius" Jason Moran, and is inspired by the improvisational, collaborative, and eclectic forces behind the original design of the Armory's historic Veterans Room. The 2020 series included a performance on March 3rd by accordionist Krency Garcia (El Prodigio) and his band, featuring the rich styles of merengue found in the Dominican Republic, from the "gira"tambura" to the "perico ripiao." - Interrogations of Form Series: This series began with the annual "Culture in a Changing America" symposium, which took place t”

“ARTS EDUCATION Park Avenue Armory's Arts Education Program gives students from underserved New York City public schools from all five boroughs the opportunity to be immersed in the creative process of exceptional artists. The Arts Education Program has three main components: (1) Production-based Programming, in which students engage with major works of music, theater, dance and visual art, and participate in multi-disciplinary workshops with the Armory's talented corps of teaching artists; (2) Partner School Program, in which deeper relationships with schools are created through engagement with productions, in-depth residencies and end-of-term projects; and (3) the Armory Youth Corps, a paid and closely mentored internship program focusing on students from underserved NYC public schools. Armory Arts Education programs are offered at no cost to students and schools and are developed in alignment with the NYS Next Generation Learning Standards and the NYC Blueprint for the Arts. In 2020, an estimated 16,000+ students from over 90 NYC public schools engaged with new digital programming, including 86 new interactive videos and 344 workshops (both remote and in-person). 8 Partner Schools received highly customized remote residencies connecting the school curriculum with Armory artists and resources through a mix of live and pre-recorded instruction, designed to meet the evolving needs of each school during remote learning. In the paid, mentored Youth Corps program, 106 interns participated in over 15,000 hours of paid employment through expanded remote programs. A new highlight was the "Armory Art Together" project, an initiative that commissioned 2,284 unique artworks from 82 Youth Corps completing over 6,800 paid hours of artistic creation - creating a time capsule of the Youth Corps community in 2020. DESIGN AND CONSTRUCTION At the beginning of 2020, the Armory's construction management team was in the process of wrapping up our most recent project, Phase 9: Drill Hall Masonry Repairs and Waterproofing. The goals for this project were to halt the active infiltration of water into the Armory's primary public programming space. The work was able to be performed in a single calendar year without any disruption of to the programming simultaneously occurring within the building. The work was done from scaffolding and included: dismantling of the masonry and crenellations down to the roof level; abatement of hazardous materials; installation of new waterproofing hardware such as through-wall counterflashings, downspouts and drains; sealing of the roof to the masonry; reconstruction of the brickwork; replacement of any deteriorated bricks or granite with new materials; resetting of the capstones; re-pointing and new mortar installation for stability and waterproofing; and the addition of a new fall arrest system to ensure access for maintenance in future. The works was substantially complete in February 2020, punch list items were addressed, and the scaffolding was removed in early March 2020 just before the COVID-19 crisis. All work was completed, and materials removed before the Armory was temporarily closed on March 14, 2020.”

“Other changes in net assets consists of bad debt expenses of $1,581.”