MUSEUM OF JEWISH HERITAG E - sismus.org · Holocaust,”the Museum honors victims of the Shoah not...

[ T h e y r e p r e s e n t l i f e. ]

M US E U M O F J E W I S H H E R I TAG EA L I V I N G M E M O R I A L T O T H E H O L O C A U S T 1 9 9 9 A N N U A L R E P O R T

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vita ζωη

ÊË±ÁÌ¸life vie

zycie

leven

vida

maisha

lavi

zivotleben

To life. L’chaim. The traditional Jewish toast resonates with vitality

and hope. During days of optimism and energy, through the soul-

searing darkness of the Holocaust and the bittersweet years of

rebuilding and recovery, the Jewish people have nurtured the spark

of life. They continue to draw strength from their heritage. At the

same time, the Jewish people always have looked to the future,

valuing their history and traditions as a precious foundation on

which to build for tomorrow. The Museum of Jewish Heritage

embraces this joyous spirit of life. As a “Living Memorial to the

Holocaust,” the Museum honors victims of the Shoah not simply

by mourning their deaths, but by celebrating their lives and legacy.

During its second year of operation, the Museum has continued

to add new voices, seize new opportunities, reach new audiences,

and explore new venues. The Museum remains, above all, a living

institution, a symbol of life. L’chaim.

elet

lif´

´

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F R O M T H E C H A I R M A N A N D D I R E C T O R

The life of the Museum is bound intimately to thelives of many people. Our exhibitions draw theirstrength and meaning from the men, women, andchildren whose experiences we honor and whose

stories we tell. Our impact as an educationalresource is measured in the audiences we reach andthe minds we open.And our continuing vitality asan institution springs from the determination andgenerosity of those who stand behind the Museum:

its patrons and donors, trained and dedicatedvolunteers, able staff, and the civic and politicalleaders whose steadfast commitment furthers theMuseum’s mandate and mission.

Thanks in large part to the efforts and enthusiasm

of our diverse supporters, the Museum has beenable to build upon its initial success and expandboth its programs and its reach. During the pastyear, for example,Academy Award-winning actressMeryl Streep and world-renowned violinist Itzhak

Perlman lent their talents to the Museum’s newaudio guide, adding an exciting new dimension toour core exhibition. Ms. Streep and Mr. Perlmanalso are featured in an engaging series of publicservice announcements created to introduce the

Museum to a national audience.Along with theredesign of our informative web site, these effortshave helped to reinforce the Museum’s role as ana u t h o ri t a t ive cultural and educational vo i c e.

The Museum has continued to forge close ties to

a broad cross-section of constituents and organiza-tions.We welcomed the opportunity to honor HisEminence John Cardinal O’Connor at our thirdannual Heritage Dinner in April 1999. Andthroughout the past year, we have worked with the

Archdiocese of New York, as well as the New YorkCity Board of Education, to develop educationalresources for teaching about Jewish culture, Jewishhistory, and the Holocaust.These new programswill benefit our diverse audience of public, private,

and parochial school children.

Encouraged by its broad acceptance in the com-munity, the Museum moved to capitalize on thisgoodwill by creating a Community Outreach

D ETA ILS, ALEPH BET BOOK, POET RY BY LEVIN KIP NIS, IL LUST R ATI O NS BY

ZE’EV RABAN. PUBL ISHED BY HASEFER, BEZ A L EL, JER US A L EM, PRIN TED IN

BER L IN, 1923. GIFT OF JUDITH NAOMI FISH

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Committee in November 1998. Charged with thetask of forging links to various groups both inside

and outside New Yo r k , the Committee is contactingsynagogues, alumni groups, and professional organi-zations, working effectively to increase awareness ofand interest in the Museum.

These and other efforts to solidify the Museum’s

position in the community, and to expand theimpact of its exhibitions and programs, have beenimportant and gratifying accomplishments. Equallyimportant, however, have been our efforts to buildfor the future.With the assistance and support

of Governor George Pataki and Mayor RudolphGiuliani, the Museum is poised to begin work on a new East Wing.

The proposed expansion will increase substantiallythe Museum’s presence in Battery Park City,

providing additional exhibition and classroomspace, as well as a broad range of other, much-needed facilities.These will include a theater adaptable for films, musical programs, and speakers,an expanded kosher dining facility, and a garden

for contemplation along the shoreline of New York Harbor.

As with our original building, the East Wing willbe a public-private partnership, and the Museumcurrently is moving ahead with a capital campaign

for this construction.At the same time, we areworking to build the Museum’s endowment, a keystep in insuring that our innovative and effectiveroster of educational programs and family eventsand our ongoing research and growing collections

c o n t i nue undiminished.With the continued supportof the many who have helped us achieve so much,we look forward to entering the next century with renewed enthusiasm, expanding to meet ourgrowing role while remaining a vigorous, vital,

living Museum.

Robert M. Morgenthau, Chairman

David Altshuler, Director

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To be alive is to grow, to change, to evolve,

to branch out in new directions.As a living

Museum, we are committed to increasing

our presence in the community, enlarging

our facilities, and finding new media for our

message.This commitment to growth has

sparked a range of exciting new projects,

from expanding our Battery Park City site

to a redesigned and expanded web site.

In January 1999, the Museum announced

plans for our East Wing. Fully integrated

with our landmark building, the new addi-

tion will allow us to amplify the Museum’s

voice through enhanced programming,

wide-ranging exhibitions, special projects,

and innovative uses of new technology. It

will provide classrooms, a theater, a family

history center in which visitors can access

databases of artifacts and testimonies from

the Museum and the Survivors of the

Shoah Visual History Foundation, as well

as catering facilities, and on-site offices

for the Museum staff. Kevin Roche John

Dinkeloo & Associates, architects of the

o ri ginal Museum of Jewish Heritage bu i l d-

i n g , will design the extension.

The East Wing has begun to move from

dream to drawing board thanks in large

measure to the generosity of both New York

City, which has pledged $22 million for the

project, and New York State, which will

donate land in Battery Park City. The solid

support of Mayor Rudolph Giuliani and

Governor George Pataki underscores the

1. SP LASH PAGE FROM EX PA ND ED WEB SI TE w w w. m j h n yc . o rg .2. MUSEUM T R USTEE STE V EN SPIEL BERG DIS C USSES PLA NS FOR T HE

MUSEUM’S EX PA NSION WITH CHAIRMAN RO BERT M. MOR GEN T H A U ,

D IRE C TOR DAV ID ALTSHUL ER AND ARCHI TE C TK E V IN RO C HE .

3. MERYL ST REEP A ND ITZHAK PERLMAN DURING A BREAK FROM

RE CORD ING.

A L I V I N G

M U S E U M

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Museum’s valuable role — for New Yorkers

and visitors alike — as a unique and irreplace-

able educational and cultural resource.The

East Wing will be funded as a publ i c - p riva t e

p a rt n e rs h i p, as was our original building.

While preparing to expand the Museum’s

exhibit space, we also have expanded

our presence in cyberspace.A complete

redesign and re-launch of our web site,

www.mjhnyc.org , has created a virtual

Museum to complement the physical

Museum. On the Internet, the Museum’s

doors are thrown wide open to people every-

where, from New York to New Zealand.

For those planning a visit to our Battery Park

City facility, the easy-to-navigate web site

includes useful, timely information on events

and exhibits, hours and location. It is a com-

prehensive introduction to help people make

the most of their stay. For those too remote to

visit in person, the web site lets them sample

the Museum’s extraordinary collection, learn

our message, and understand our mission.And

for everyone, near and far, www.mjhnyc.org

offers a new and effective way to browse the

Museum shop, learn of new acquisitions,

contact the staff, request information, or

volunteer to help.

Whether adding a new silhouette to New

York’s skyline, or a new resource for “surfers”

on-line, we are determined to remain a living,

growing Museum.

Academy Award winner Meryl Streep

and world-renowned violinist Itzhak

Perlman contributed their time and

talent in the spring of 1999 to record

an audio tour for the Museum of Jewish

Heritage. This new resource further

enhances the Museum experience,

supplementing the labels, artifacts,

and text with a rich, engaging narra t i ve .

The audio tour guides visitors through

all three floors of the Museum, offering

opportunities to pause and delve more

deeply into particular themes or stories.

Combining the roles of storyteller and

educator, the audio narrative comple-

ments the Museum’s extensive video

testimonies, furthering our goal of

personalizing history by emphasizing

individual human experiences and

perspectives.

The audio tour became available to

Museum visitors in June 1999. Over the

coming months, the Museum will

launch translated versions in Spanish,

Russian, and Japanese, further extend-

ing its reach to as broad an audience

as possible.

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A u d i oG u i d e

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In November 1998, the Museum’s s e c o n d

annual workshop on Holocaust education,

tolerance, and Jewish heritage drew more

than 150 teachers from New York City

public schools. The one-day event, held in

conjunction with the New York City Board

of Education’s Staff Development Day,

included a tour of the core exhibition, a

p resentation by Holocaust surv i vo r s ,a n d

a trio of afternoon workshops focusing on

practical classroom skills.

The Museum also worked closely with

the Archdiocese of New York to present

an unprecedented two-day workshop

for teachers and administrators. Called

“Dialogues About Teaching Jewish

Heritage and the Holocaust,” it was the

first in an ongoing series of exchanges

with archdiocese staff and faculty.

To many people, a Museum is an attic of arti-

fa c t s .To others , it is a place of hushed reve re n c e,

a place of awe.To us, a Museum is a vibrant

classroom, alive with inquiry and investigation.

It is a place that not only helps visitors find

answers, but sparks questions as well.

Our success as a classroom can be judged from

the more than 35,000 students who crowded

our halls over the past year — students from

public, private, and religious schools, from

New York City, the tri-state area, and beyond.

The Police Athletic League, Beacon School

Programs, and Pathways for Youth have spon-

sored visits by thousands of students from

inner city neighborhoods.

For these young visitors, learning need not

begin and end at the gallery door.A new,

20-page workbook — What?! This old thing?

How Objects Tell Us Who We Are — prepares

students for their Museum visit. Developed in

close cooperation with school teachers and

students over the course of a year, the work-

book features thought-provoking activities

that encourage young people to explore the

meaning of history and heritage. It also helps

them master practical skills to unlock the

p owerful stories carried by objects and art i fa c t s .

Using the workbook, students in grades three

to six examine their own family’s customs,

stories, objects, and photographs.Along the

way, they learn about their own history and

heritage while discovering how even everyday

a rt i facts can speak eloquently of distant peoples

and times.

Teaching children is only one-half of the

educational equation, however.The other half

is teaching teachers, giving educators the

resources and tools they need to communicate

effectively. Over the past year, the Museum’s

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A L I V I N G

C L A S S R O O M[ ]

Teaching

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1. GA L L ERY EDUCATOR PRIS C IL LA GR A BINO EN GAGES YO UNG V ISI TORS ON T HE

FIR ST FLO OR. 2. CHIL DREN OF ST UD EN TS FROM T HE CO L L E GE OF STATEN IS LA ND ’ S

A DULT L EA RNING PROGRAM TO UR T HE MUSEUM WITH GA L L ERY EDUCATOR BERTIE

HER ZOG. 3. STER L ING SILV ER PASS OV ER SED ER PLATE BY ALBERT D OV SI GAL, IS R A EL ,

1958. GIFT OF RO SE SI GA L - IBSEN IN MEM ORY OF ALBERT D OV SI GAL 4. NEW WOR K-

BOOK, WH AT?! T HIS OLD T HIN G ? , P REPA RES ST UD EN TS FOR T HEIR MUSEUM V ISI T.

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teacher training workshops have introduced

hundreds to new classroom techniques

designed specifically for communicating Jewish

heritage and the history of the Holocaust.

Of course, not all teachers are in schools.As a

living classroom, the Museum nurtures our

own, specially trained teaching staff: our

Gallery Educators. In January 1999, the

Museum graduated our second class of educa-

tors after a rigorous 14-week program.The

diverse group included Holocaust survivors,

observant Jews, and a Roman Catholic nun.

Like those who p receded them, the 26 new

e d u c a t o rs are trained to engage visitors in

meaningful dialogue, illuminating and enliven-

ing the Museum’s exhibitions. Unlike the first

class of educators, the new graduates received

their training in a unique classroom: the

Museum itself.

Behind the scenes as well, the Museum thrives

as a classroom. Every day, our galleries and

administrative offices are filled with the voices

of high school and college-aged interns.They

gain invaluable experience and insight, discov-

ering first-hand how a Museum operates.We

gain spirited and energetic assistance.And all

gain from what invariably becomes a mutual

learning experience.

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The Museum’s opening in September 1997was not the end of a process. It was thebeginning of a conversation, the start of anongoing relationship between the Museumand the diverse public it serves.

Part of this relationship involves reaching out

with a varied array of special programs and

captivating events. Some of these programs

are designed to bring the Museum into the

community.The Speake rs Bureau takes the

Museum on-the-road to synagogues, schools,

senior centers, and meeting halls across the

region, bringing our message to audiences

and venues throughout the tri-state area.

Other programs are designed to bring the

community into the Museum.The 11th

annual Film and Discussion Series, for

example, has become a valued New York

institution. Offered free to the public, the

series draws thousands with engaging, often

provocative feature films from the United

States, Israel, and Europe, accompanied by

lectures from distinguished filmmakers,

scholars, and authors.This year, the six-film

Series ranged from Mamele, a 1937 Yiddish

classic starring Molly Picon, to Sh’hur, a 1993

Israeli film about a young girl discovering

her Sephardic roots, and Hollywoodism,

a 1998 Canadian documentary exploring

“Jews, Movies, and the American Dream.”

1. MAMELE , CO URTESY OF T HE NATI O NAL CEN TER FOR JE WISH FILM AT BR A ND EIS UNI V ER SI TY. 2. H O LLYWO OD ISM: JE WS, MOV IES, AND T HE AMERI CAN

DREAM , CO URTESY OF T HE NATI O NAL CEN TER FOR JE WISH FILM AT BR A ND EIS UNI V ER SI TY. 3. PROGRAM FOR FID DL ER ON T HE RO O F, TO KYO, JAPA N ,

1980. GIFT OF SALLY AND A BE MAGID 4. PHOTOGRAPH, HANUK KAH CEL EBR ATION AT T HE BER GEN - BEL SEN DISP LAC ED PER S O NS CA MP, GER M A NY.

GIFT OF JUDITH NAOMI FISH

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CO M M U N I T Y[ ]

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The Museum’s film program re c e ived genero u s

support this year from Trustee Bess Myerson,

who also underwrote the creation of the Bess

M ye rson Film and Video Collection, an inva l u-

able and unparalleled educational resource.

In addition to the ongoing series, an array of

special programs helped to draw new a u d i-

ences to the Museum. In March 1999, o u r

f re e, nine-film “Conscience and Courage”

festival illustrated courageous responses to the

Holocaust, paying tribute to the heroism of

both Jews and non-Jews. In April,“Maggid:

Passover Storytelling Festival” built on a cen-

turies-old narrative tradition to reinvigorate

an ancient holiday with timely m e a n i n g .

Focusing on the theme of “ j o u rn ey,” and

weaving together the traditional story of

Exodus with folklore, my s t i c i s m , and tales of

m o d e rn Jewish life, the captiva t i n g storytellers

created a unique event that celeb r a t e d

Pa s s ove r ’s enduring message of fre e d o m .

To mark the 60th anniversary of Kristallnacht

(The Night of Broken Glass), author Peter

Gay visited the Museum on October 29 to

read from his new book, My German

Question, Growing up in Nazi Berlin.The

following week, Holocaust scholar Marion

Kaplan led a panel of Kristallnacht survivors

in a moving and memorable discussion.

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reading and reflection with the authors of

the poetry collection, Counting the Stones.

Using verse and photographs, the two guest

poets bore witness to the pain and sorrow of

the S h o a h, as well as to the difficulty of start i n g

new lives in the aftermath of unimaginable

tragedy.This event was in addition to the

Museum’s popular Thursday Evening Series,

which this year brought distinguished wri t e rs

such as journalist Max Frankel, playwright

Wendy Wa s s e rs t e i n ,f o rmer spy Peter Malkin,

and author Stephen Dubner to read from

their works.

Of cours e, being a part of a living commu n i t y

means more than simply mounting engaging

programs. It also means remaining accessible.

To this end, the Museum Community Fund

Families are the foundation of the

community, and family-oriented

events are an essential part of the

Museum’s calendar.

On Mother’s Day, the Museum

invited New Yorkers to take a special

tour that offered a thoughtful and

sometimes poignant look at mother-

hood and women’s contributions to

the 20th century Jewish experience.

The holiday tour highlighted art i f a c t s

such as an invitation to the birth of a

daughter, wedding-related objects,

ritual garments, and a family tree.

For Father’s Day, author Rich Cohen

read from his best-selling book,

Tough Jews: Fathers, Sons, and

Gangster Dreams. Gallery Educators

led special tours of the Museum that

focused on fatherhood and its place

in modern Jewish history.

Family

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11c o n t i nued throughout the past year to prov i d e

free admission — and transportation — to

elderly, youth, and community groups that

might not otherwise be able to afford a visit.

As a high-profile cultural institution, the

Museum fills not only a practical educational

role but a symbolic one as well, representing

the intertwined themes of Jewish heritage

and of human dignity. In that capacity, we

were proud to host an impressive roster of

distinguished guests, including Governor

George Pataki, who visited on the Museum’s

first anniversary, Swiss President Ruth

Dreifuss, City Council President Peter

Vallone, Manhattan Borough President

C.Virginia Fields, and newsman Dan Rather.

In addition, the Museum’s third annual

Heritage Dinner honored His Eminence

John Cardinal O’Connor.

1. A MOT HER AND DA U GH TER FROM QUEENS V IEW T HE FA MILY

P H OTOGR A P HS ON T HE FIR ST FLO OR DURING T HE MUSEUM ’ S

M OT HER’S DAY TO UR ON MAY 9, 1999. 2. PHOTOGRAPH, STEINER AND

B A ND FA MIL IES ON AN OUTING, BUDA P EST, HUN GA RY, 1942. GIFT O F

AGNES KA DAR 3. HABIMAH T HEATER POSTER, TEL AV I V, 1931. GIFT O F

ELA INE LUSTIG CO HEN 4. “T HE SEA M ST RESS,” PA IN TING BY LESSER

URY. LOA NED BY MI C H A EL LO E WENTHAL, IN HONOR AND MEM ORY OF

DR. FRITZ LO E WENTHAL AND LOTTE BENNIGSON LO E WEN T H A L

RecoveryIn 1940, Louis Loewenthal was forced by

the Nazis to sell his art collection. The

lost works included “The Seamstress,”

an 1883 painting by famed German

artist Lesser Ury, which was eventually

bought by the city of Linz. For more

than half a century, the Loewenthal

family attempted to recover this and

other paintings.

The Loewenthal family recovered

“The Seamstress” in 1999, thanks to a

historic settlement negotiated by the

Holocaust Claims Processing Office of

the New York State Banking Department.

Upon reaching this agreement, the

family immediately loaned the artwork

to the Museum of Jewish Heritage to

hang in our lobby.

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13As a place of inquiry, the

Museum must be tireless in

the exploration of ideas.To

us, an exhibition is not static,

n o t something that, once

built, remains fixed and

i m mu t a bl e. Rather, it is a

living entity, constantly prob-

ing new paths, asking new

questions, illuminating new

themes. Our core exhibition

remains just that: a core —

the nucleus of who we are

and what we have to say.

Around that nucleus revolves

an ever-changing constella-

tion of special exhibitions,

displays, and seminars.

During the past year, the

Museum mounted several

temporary presentations that

delved more deeply into

themes or events touched on

1. J ' ACC USE … ! BY EMILE ZO LA IN L ' A URORE, PA RIS, FRANCE, JANU A RY 13, 1898. GIFT OF IS AAC, DORIS, AND NINA MOINESTER IN MEM ORY OF DAV ID

A ND IDA SID E WITZ 2. CHIL DREN CROWD ARO UND T HEIR GR A ND FAT HER, A Y EMENI TE, TO ST UDY TORAH, RO SH HA’ AY IN, IS R A EL, 1970’S. PHOTOGR A P H

BY BARBARA PFEFFER. GIFT OF BARBARA PFEFFER

in the core exhibit.Among

them was F rance Divided:

I m p a s s i o n e d Responses to the

Dreyfus Scandal, which

reexamined one of the most

notorious political incidents

of modern Jewish history.

In 1894, despite shaky, incon-

clusive evidence, a French

court convicted Captain

Alfred Dreyfus of treason,

stripped him of his rank, and

sentenced the Jewish officer

to life imprisonment on

Devil’s Island. Four years

later, as evidence mounted

that Dreyfus had been made

a scapegoat, author Emile

Zola published J’Accuse...!

(I accuse), the famous open

letter to the president of

France in which Zola charged

the government and army

with a cover-up and a gross

miscarriage of justice.

The Museum marked the

centennial of Zola’s letter with

France Divided.The e x h i b i t i o n

p robed the visceral responses,

pro and con, to Zola’s letter, as

the Dreyfus a f fair tore apart

F rench society, challenging the

nation’s sense of honor and

justice.The show ran from

March 15 through June 15,

and featured powerful posters

and color lithographs pro-

duced by both sides in the

debate.Anti-Semitic materials

in the exhibition included a

depiction of Dreyfus as a

many-headed hydra. Pro-

Dreyfus objects included a

newly acquired copy of

Zola’s J’Accuse…!

A L I V I N G

E X H I B I T I O N[ ]

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The Dreyfus exhibit was followed, a month later, by a very different exhibition: From Brooklyn

to Bukhara: Jewish Portraits by Barbara Pfeffer. Opening on July 15, 1999, the special exhibition

presented works by renowned photographer and journalist Barbara Pfeffer, who died earlier

this year.

Pfeffer’s photographs document her world travels in the 1970’s and 1980’s, providing glimpses

of Jews from varied Jewish communities. Ranging from a Hebrew class held in Russia for

refuseniks seeking emigration to Israel, to an Iranian bar mitzvah, scenes of Hasidic Jews in

Brooklyn, and Ethiopians at an absorption center in Israel, the diverse images capture the many

faces of a living community.While highlighting the great variety of Jewish experience today,

they also show that, in Pfeffer’s words,“…despite the great diversity among the Jewish people

there is still a binding unity.”

These moving, thoughtful exhibits were proud achievements for the Museum. But they were

only part of our effort to create a “living exhibition.” This past year, we also have continued to

develop and distribute traveling exhibits for sister institutions around the country. Museums,

colleges, community centers, and other organizations in the United States — as far away as

Georgia and Texas — and abroad are hosting exhibitions curated and loaned by the Museum

of Jewish Heritage.These traveling exhibits include: A Young Girl at Ghetto Terezin, 1941-1944:

Drawings by Helga Weissová Hosková, French Children of the Holocaust: A Memorial Exhibition, and

ORTworks: Modernizing Jewish Labor in the Early 20th Century.

vie maisha vida life

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1. BOTTLE OF MEAD FROM T HE BANK FA MILY FAC TORY, JANOW, POLA ND, 1919-1939. GIFT OF HEL EN BANK GWIRTSMAN, DR. JACOB BANK AND

RE GINA BANK HEUBER GER 2. SKIRT MADE BY EVA MI OD E C KA AFTER HER ES CAPE FROM A DEATH MARCH, GER M A NY, APRIL 1945. GIFT OF EVA YO UNG

3. WO OD EN DECA LOGUE USED BY SER GEA N T LEON W. HARRIS, LAY CHAPLA IN IN T HE US ARMY, INDIA, 1944. GIFT OF LINDA HARRIS - SI C ULAR

4. BOOK OF REMEMBR A N C ES KEP T BY MARTHA KL EIN VON PECI IN T HE TEREZIN GHETTO, CZE C H O S LOVA KIA, 1942-1945. GIFT OF HERBERT VON PECI

5. BU TTON, NORTH AMERI CAN CO NFERENCE ON ET HI O PIAN JE W RY. GIFT OF NATHAN FRIEDMAN 6. BU TTON, FREED OM FOR SOV IET JE WS, CA NA DA .

GIFT OF WENDY EISEN 7. BU TTON, FREE SOV IET JE WS, CA NA DA. GIFT OF WENDY EISEN

zivot élet leven

Embracing new media. Exploring new avenues of inquiry. Mounting new exhibits. Involving the

community. Expanding our facility…and our vistas. All are part of our tireless efforts to embrace life.

They reflect our determination to memorialize the victims of the Holocaust by celebrating their

lives — by actively nurturing their legacy, recalling their bravery, and honoring their traditions.

Like the stories we tell, the individuals we highlight, the images and objects we preserve, and

the memories we cherish, the Museum itself represents life. Our activities and achievements

reflect the hope, vitality, and endurance of the Jewish people. Our exhibits, programs, and

community activism breathe new meaning into our goal of creating a truly living memorial

to the Holocaust.

da lifeA L I V I N G

M E M O R I A L[ ]

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H E R I TAG E S O C I E T Yas of 08/15/99

F O UN D ER S

$1,000,000 and above

The State of New YorkThe City of New YorkLeo and Julia Forchheimer

FoundationWeil, Gotshal & Manges LLPMr. and Mrs. George Klein Park Tower GroupImre and Vera Hecht TrustDr. Laszlo N.Tauber and

FamilyErica and Ludwig JesselsonRepublic National Bank of

New YorkBess MyersonPeter and Mary KalikowHoward P. RonsonTime Warner Inc.Leonard SternS. Daniel AbrahamRighteous Persons Foundation

in honor of Bruce M. Ramer

Associates Division, Museumof Jewish Heritage

Morton and Gladys PickmanThe Samuel Bronfman

Foundation/Edgar M. and Charles R. Bronfman

Ann,Abe, Miriam, and Daniel Oster

Anonymous in honor of Stephen E. Kaufman

Anne and Bernard SpitzerDr. Ingrid TauberVarda and Shalom Yoran

B E N E F A C TO R S

$500,000 and above

Mr. and Mrs. Harry S. StryglerThe Sheldon H. Solow

FoundationKlara and Larry SilversteinMr. Stephen RobertKenneth and Evelyn Lipper

Foundation

In memory of Szmelko,Anna, and Leopold SchwarzAszer and Frieda Morgenthal– by the Schwarz Family

Dr. Leslie L. Peters, in memoryof Dr. Zoltan and Julia Peter

Semone GrossmanConference on Jewish Material

Claims Against GermanyHelen and Irving Schneider

P A T RO N S

$250,000 and above

Arie and Sam Halpern andFamily

Born, Barad, KrakowskiFamilies

Ruth and H.B. Mack andFamily

Frederick P. Rose, Daniel Roseand Elihu Rose

Lotte and Ludwig BravmannThe Zuckerman, Levenstein,

and Pantirer FamiliesJudith Wilf and

Leonard A.Wilf, in memoryof Harry C.Wilf

Patricia and Jeffrey KennerJudith and Burton P. ResnickIn honor of Betty and

Morris Shuch, Survivors,and in memory of familymembers left behind

The Charles H. RevsonFoundation

Maria Salit-Gitelson TellValerie and Frank Furth,

in memory of our belovedparents

The Chase Manhattan BankMarie and Gary Zwerling and

FamilyPreston Robert TischPanasonicJoseph and Elizabeth Wilf and

FamilyPearl Resnick, in loving

memory of my husband Jackand my daughter Susan

Manhattan Beer Distributors,in memory of Milton andNadzia Bergson, Survivors

Charles and Toby DrukierSunny and Abe Rosenberg

FoundationH. Dale and Elizabeth

HemmerdingerIn memory of

General Dwight D.Eisenhower

Sally and Abe MagidIn honor of Benjamin and

Helen MenschelIrving and June Paler

S P O NS OR S

$100,000 and above

Ernest Michel, in memory ofOtto and Frieda Michel

Nathan S.AncellFlorrie and Herbert Tenzer and

FamilyMr. and Mrs. John H. SladeWilliam and Jerry Ungar

The Morris and Pepi GinsbergFamily

Dr. and Mrs.Axel StawskiMr. and Mrs. MoniekStawski

Ruth and Leonard LitwinThe Family of Philip and

Matilde KaplanThe Nash Family FoundationMr. and Mrs. Henry R. KravisDiane and Arthur BelferMr. and Mrs. Charles ZaruckiHarry and Linda MackloweMichael and Helen Schaffer

FoundationIn memory of Dora and

Milton ButnickMr. and Mrs. Eryk SpektorDebra and Leon BlackMortimer B. ZuckermanAngie and Moritz Goldfeier

Rosen and GoldfeierFamilies

Diane and Martin LewisMr. and Mrs. Ira Leon RennertCongregation Emanu-El of

the City of New YorkEdward S. GordonMeyer and Pepa GoldThe Levitt FoundationIn memory of

Dr. Kenneth L. Schaffel,Captain, USAF

M. Mac SchwebelThe Booth Ferris FoundationIrene and Murray PergamentPeter A. CohenIn memory of Belle and

Charles LewisThe Leon and Toby

Cooperman FoundationHoward R.AlperFanya Gottesfeld HellerHelen and Martin KimmelAaron and Marjorie

ZiegelmanJudy and Michael H.

SteinhardtMr. and Mrs. Robert L.

FromerMerrill Lynch & Co.

Foundation, Inc.Mrs. Rae Kushner and FamilyEugen and Gisella GluckAmy and Howard J.

RubensteinIn memory of Max and

Else BöhmNew York Mercantile

ExchangeHeda Lieberman, in memory

of her mother, Gisela AdlerStephen and Eleanor

HammermanBarry and Adrienne Gray

and FamilyWilliam B. Gach, in memory

of Edith and Istvanka GachDr. and Mrs. Justin Lee

AltshulerMr. and Mrs. Stephen S.Wien

and FamilyJerome and Rita WaldorGeorge and Martha RichMarlene Brill, in honor of the

Brill and Dassa Families

Turner ConstructionCompany

Bruce RatnerIn memory of Ferenc and

Berta HechtIn memory of Joseph and

Sarah LebMarina P. Kaufman and

Stephen E. KaufmanNathan and Sima Katz

and FamilyDavid J. Greene

Foundation, Inc.Doree and Charles H.

GreenbergRita Gurko Lerner and FamilyThe Robert Sillins Family

FoundationFelix and Peri HirschElse DavidThe New York Times

Company FoundationSamson and Sarah

Symchowicz, in memory of family who perished

Meyer A. Berman, in honor ofRobert M. Morgenthau

Lehman BrothersTom Margittai, in memory of

Bela MargittaiBarbara and Roy

ZuckerbergTicketmasterMrs. Myron GlassbergSophy Goldberg, in loving

memory of Perla, Pinkus,Mietek Furmanski

Bernice ManocherianMetropolitan Life FoundationGreta LandisCelina and Thomas HechtMargaret SchwartzJay and Sharon Podolsky

Stuart and Shirley PodolskyAT&T Adeline and Harold Kramer Leon and Eva RubachMeshulam Riklis, Riklis

Family FoundationMitch and Abby LeighLisa and Ivan KaufmanThe Constantiner Family,

in memory of Joan Constantiner

Irwin and Daryl SimonThe Hain Food Group-Kineret

The Jeffry M. and Barbara Picower Foundation

In honor of H Company353rd Inf. Reg. 89th Div.44-45

Marilyn and Marshall ButlerFroma and Andrew BenerofeThe Gloria and Sidney

Danziger FoundationJulia Alexander SchwartzJoseph and Olga Garay and

FamilyIsaac, Doris, and

Nina MoinesterErwin and Myrna SchimmelSeryl and Charles KushnerDeborah and Wayne

Zuckerman and Family

INSI GNIA FOR FREDA HAMMER M A N

AS AN ARMAMEN T FAC TORY

WOR K ER, BORYS LAW, POLA ND ,

1943. GIFT OF FREDA BER G M A N

*MJH 99 AR.1-22.CXs 10/22 11/18/99 2:01 PM Page 16

17


F O UN D ER S














$500,000 and above



Foundation




Claims Against Germany

Helen and Irving Schneider

P A T RO N S

$250,000 and above













The Chase Manhattan Bank

Marie and Gary Zwerling andFamily

Preston Robert TischPanasonicJoseph and Elizabeth Wilf and










S P O NS OR S

$100,000 and above



TEX TILE, YOM KIP P UR PRAY ER SERVICE BY JE WISH SOLDIERS IN T HE GERMAN ARMY, GER M A NY, 1870’S. GIFT OF WA LTER J. STERN IN MEM ORY OF LEOPOLD STERN

*MJH 99 AR.1-22.CXs 10/22 11/18/99 2:01 PM Page 17

18


F O UN D ER S














$500,000 and above



Foundation




Claims Against Germany

Helen and Irving Schneider

P A T RO N S

$250,000 and above
























S P O NS OR S

$100,000 and above



FamilyMr. and Mrs. John H. SladeWilliam and Jerry UngarThe Morris and Pepi Ginsberg

FamilyDr. and Mrs.Axel Stawski

Mr. and Mrs. MoniekStawski


Matilde KaplanThe Nash Family FoundationMr. and Mrs. Henry R. KravisDiane and Arthur BelferMr. and Mrs. Charles Zarucki

Harry and Linda MackloweMichael and Helen Schaffer























Brill and Dassa FamiliesTurner Construction

CompanyBruce RatnerIn memory of Ferenc and






Greenberg

Y EMENI TE BRIDE AT A HENNA PA RTY, REH OVOT, IS R A EL, 1970’S. PHOTOGR A P H

BY BARBARA PFEFFER. GIFT OF BARBARA PFEFFER

*MJH 99 AR.1-22.CXs 10/22 11/18/99 2:01 PM Page 18

19


F O UN D ER S














$500,000 and above



Foundation





P A T RO N S

$250,000 and above
























S P O NS OR S

$100,000 and above















































WIMP EL FOR SHIM SHON SON OF KA LO NYMUS FALK, BORN NOV EMBER 19, 1919. ALSACE. GIFT OF T HE KA L ISHER IND EP END EN TS O C IETY

*MJH 99 AR.1-22.CXs 10/22 11/18/99 2:01 PM Page 19

20


F O UN D ER S














$500,000 and above



Foundation

In memory of Szmelko,Anna, and Leopold SchwarzAszer and Frieda Morgenthal

– by the Schwarz FamilyDr. Leslie L. Peters, in memory

of Dr. Zoltan and Julia PeterSemone GrossmanConference on Jewish Material


P A T RO N S

$250,000 and above
























S P O NS OR S

$100,000 and above















































Stuart and Shirley PodolskyAT&T Adeline and Harold Kramer Leon and Eva RubachMeshulam Riklis, Riklis

Family FoundationMitch and Abby LeighLisa and Ivan KaufmanThe Constantiner Family,

in memory of Joan Constantiner

Irwin and Daryl SimonThe Hain Food Group-Kineret

The Jeffry M. and Barbara Picower Foundation

In honor of H Company353rd Inf. Reg. 89th Div.P H OTOGRAPH FROM AN ALBUM ABOUT T HE IL L E GAL IM MI GR A N T SHIP EXODUS

1 9 4 7 P RESEN TED TO JDC STA FF MEMBER V IDA KA U FMAN. GIFT OF JUD I T H

NAOMI FISH

*MJH 99 AR.1-22.CXs 10/22 11/18/99 2:02 PM Page 20

44-45Marilyn and Marshall ButlerFroma and Andrew BenerofeThe Gloria and Sidney

Danziger FoundationJulia Alexander SchwartzJoseph and Olga Garay and

FamilyIsaac, Doris, and

Nina MoinesterErwin and Myrna SchimmelSeryl and Charles KushnerDeborah and Wayne

Zuckerman and Family

H E R I TA G E FU N Dgifts received between

07/01/98–08/15/99

D I R E C TO R ’ S C I R C L E

$ 1 0 , 0 0 0 – $ 9 9 , 9 9 9

In honor of Herbert Achtentuch

AnonymousMarilyn AlperBarbara and Philip AltheimDr. Justin and Bernice Lee

AltshulerMimi and Bert AskwithAT&T CorporationBankers Trust New York

CorporationBell Atlantic FoundationManhattan Beer Distributors,

in Memory of Milton and

Nadzia Bergson, survivorsMeyer Berman, in honor of

Robert M. MorgenthauIn memory of Max and

Else BöhmBorn, Barad, Krakowski

FamiliesBoston University

Marlene Brill, in honor of theBrill and Dassa Families

Samuel Bronfman FoundationElyse and Howard ButnickCenter for Holocaust StudiesThe Chase Manhattan BankClark UniversityConde Nast PublicationsConference on Jewish Material

Claims Against GermanyDr.Arturo ConstantinerThe Gloria & Sidney Danziger

Foundation–Robert E.Fisher, Rabbi Benjamin Z.Kreitman, Stanley T. Miller

Del Laboratories Inc.Harris and Amy DiamondThe Dime Savings Bank of

New York, FSBGail and Ira DrukierIrene Duell and Family

21

P O STER PROM OTING JE WISH SEA FA RING ISSU ED BY UNION OF JE WISH SEA FA RERS, TEL AV I V, 1936.

*MJH 99 AR.1-22.CXs 10/22 11/18/99 2:02 PM Page 21

22

Eisner & LubinGeorge FellowsMs. Nancy FisherAnn and Robert FromerFugazy InternationalValerie and Frank Furth,

in loving memory of their parents

William B. Gach, in memoryof Edith and Istvanka Gach

Joseph and Olga GarayRani and Sandy GarfinkleGeneral Motors CorporationSophy Goldberg, in loving


Estate of Irving GoldwasserAdrienne and Barry GrayDoree & Charles GreenbergDavid J. Greene FoundationSemone GrossmanThe Hain Food GroupGladys and Sam HalpernEleanor and Stephen

HammermanCelina and Thomas T. HechtFanya Gottesfeld HellerH. Dale and Elizabeth

HemmerdingerFelix and Peri HirschThe Horace W. Goldsmith

FoundationPeter and Mary KalikowSima and Nathan Katz

and FamilyIvan & Lisa KaufmanMarina P. Kaufman and

Stephen E. Kaufman

Patricia and Jeffrey KennerKelly and Calvin KleinGeorge and Adele KleinThe Esther A. and Joseph

Klingenstein FundAdeline KramerHerbert KronishMrs. Rae Kushner and FamilyLehman BrothersAbby and Mitch LeighDiane Brandt & Martin LewisKenneth and Evelyn Lipper

FoundationLouis & Harold Price

Foundation, Inc.Ruth and H. B. Mack and

FamilySally and Abe MagidBernice ManocherianTom Margittai, in memory of

Bela MargittaiSusan and Morris MarkM e rrill Lynch & Company, I n c.Doris and Isaac MoinesterMutual of AmericaBess MyersonThe City of New YorkThe State of New YorkThe New York Stock

Exchange

The New York TimesCompany Foundation

Susan and Donald NewhouseAnn,Abe, Miriam and

Daniel OsterIrving and June PalerIrene and Murray PergamentPfizer, Inc.Jeffrey and Barbara PicowerShirley and Stuart Podolsky,

Sharon and Jay PodolskyBruce RatnerMr. and Mrs. Ira Leon RennertRepublic National Bank

of New YorkJudith and Burton P. ResnickPearl Resnick, in loving


RevlonGeorge and Martha RichMeshulam Riklis–Riklis

Family FoundationMr. Stephen RobertSunny and Abe

Rosenberg FoundationNina RosenwaldEva and Leon RubachAmy and Howard J.

RubensteinMay & Samuel Rudin Family

Foundation, Inc.Myrna and Erwin SchimmelHelen and Irving SchneiderCharles & Mildred

Schnurmacher FoundationJulia Alexandra SchwartzMargaret Schwartz and FamilySchwarz FoundationSelma SeldinStephanie and Abram ShnayAnn and Alan ShuchRobert Sillins Family

FoundationKlara and Larry SilversteinFrancesca and Bruce Slovin

BOOK OF REMEMBR A N C ES KEP T BY MARTHA KL EIN VON PECI IN T HE TEREZIN GHETTO, CZE C H O S LOVA KIA, 1942-1945. GIFT OF HERBERT VON PECI

*MJH 99 AR.1-22.CXs 10/22 11/18/99 2:02 PM Page 22

A L I V I N G M E M O R I A L T O T H E H O L O C A U S TM U S E U M O F J E W I S H H E R I TA G E

S T A T E M E N T O F F I N A N C I A L P O S I T I O N

DECEM BER 31 ,

1 9 9 8 1 9 9 7

A S S E T S

Cash and cash equivalents $ 2,227,521 $ 1,664,452Unconditional promises to give

(less allowance for uncollectible amounts of $431,188 in 1998 and $569,203 in 1997) 7,252,227 8,198,063

Other assets 232,571 576,124Inventory 149,829 119,614Donated apartment held for sale 450,000

Buildings,furniture and equipment(at cost,less accumulated depreciation of $1,811,128 in 1998 and $464,146 in 1997) 16,090,588 17,066,825

Long-term investments 124,494 99,069Contributions receivable from trusts 1,349,284 1,161,102Unconditional promises to give —permanently restricted

(less allowance for uncollectible amounts of $46,347 in 1998 and $66,837 in 1997) 476,681 558,643

Board designated fund—depreciation reserve 1,906,387Collections (Note A(6)) — —Short-term investments endowment fund 299,023Total $30,108,605 $29,893,892

L I A B I L I T I E S

Accounts payable and accrued liabilities $ 1,287,967 $ 3,459,910Deferred revenue 44,113 76,726Total liabilities 1,332,080 3,536,636

NET ASSETS

Unrestricted 18,770,857 16,372,611Temporarily restricted 9,193,206 9,359,165Permanently restricted 812,462 625,480Total net assets 28,776,525 26,357,256Total $30,108,605 $29,893,892

The notes to financial statements are made a part hereof.

23

I N D E P E N D E N T A U D I T O R S ’ R E P O R T

B OA RD OF TRUS TEESA L I VIN G MEMORIA L TO T HE HOLO CA US TMUSEUM OF JEWISH HER ITA G E

We have audited the accompanying statement of financial position of A Living Memorial to the Holocaust:Museum of Jewish Heritage as at December 31,1998 and 1997,and the related statements of activities and cashflows for the years then ended. These financial statements are the responsibility of the Museum’s management.Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with generally accepted auditing standards. Those standards require thatwe plan and perform the audit to obtain reasonable assurance about whether the financial statements are free ofmaterial misstatement. An audit includes examining,on a test basis, evidence supporting the amounts and disclo-sures in the financial statements. An audit also includes assessing the accounting principles used and significantestimates made by management,as well as evaluating the overall financial statement presentation. We believe thatour audits provide a reasonable basis for our opinion.

In our opinion,the financial statements referred to above present fairly, in all material respects,the financial position of A Living Memorial of the Holocaust:Museum of Jewish Heritage at December 31,1998 and 1997,and the changes in net assets and cash flows for the years then ended,in conformity with generally acceptedaccounting principles.

E I S N E R & L U B I N L L P

C E RT I F I E D P U B L I C AC C O U N TA N T S

NewYork,NewYorkFebruary 18,1999

MJH/AR.Fincl.23-28. MECH 10/13 11/23/99 12:05 PM Page 23

Y EAR E NDED DEC EMBER 31 , 199 8 Y E A R

T E M P O R A R I LY P E R M A N E N T LY T EUNRESTRICTED RESTRICTED RESTRICTED T O TAL UNRESTRICTED R

PUBLIC SUP PORT AN D R EVE NUE:

Public support:Contributions $ 2,398,448 $3,007,534 $ 186,982 $ 5,592,964 $ 2,033,080 $5Government grants 2,252,775 244,930 2,497,705 169,352In-kind contributions 381,955 381,955 1,009,045Special events revenue 1,416,414 1,416,414 1,437,935Special events direct expenses (258,109) (258,109) (227,806)Total public support 6,191,483 3,252,464 186,982 9,630,929 4,421,606

R E V E N U E :

Admissions 709,765 709,765 261,690Museum shop sales 320,685 320,685 108,943Net unrealized and realized

investment losses (15,375) (15,375) (26,497)Interest income 97,318 97,318 181,083Other revenue 247,435 4,000 251,435 101,215Total revenue 1,359,828 4,000 1,363,828 626,434

Net assets released from restrictions 3,422,423 (3,422,423) 7,739,374 (7Total support and revenue 10,973,734 (165,959) 186,982 10,994,757 12,787,414

E X P E N S E S :

Program services:Collections and exhibitions 1,389,357 1,389,357 1,697,863Education 729,002 729,002 396,602Marketing and public relations 714,713 714,713 906,369Building operations 3,038,673 3,038,673 1,202,719Total program services 5,871,745 5,871,745 4,203,553

Supporting services:Management and general 1,248,623 1,248,623 1,316,236Fund raising 1,055,798 1,055,798 1,039,285 Total supporting services 2,304,421 2,304,421 2,355,521

Auxiliary services—museum shop costs 399,322 399,322 144,415Total expenses 8,575,488 8,575,488 6,703,489

Change in net assets 2,398,246 (165,959) 186,982 2,419,269 6,083,925Net assets —beginning of year 16,372,611 9,359,165 625,480 26,357,256 10,288,686Net assets —end of year $18,770,857 $9,193,206 $ 812,462 $28,776,525 $ 16,372,611 $9


24


S T A T E M E N T O F A C T I V I T I E S


1 9 9 8 YEAR ENDED D ECEMBER 3 1, 19 97

Y T E M P O R A R I LY P E R M A N E N T LY T O TAL UNRESTRICTED RESTRICTED RESTRICTED T O TAL

$ 5,592,964 $ 2,033,080 $5,663,964 $ 625,480 $ 8,322,5242,497,705 169,352 3,217,797 3,387,149

381,955 1,009,045 1,009,0451,416,414 1,437,935 1,437,935(258,109) (227,806) (227,806)

9,630,929 4,421,606 8,881,761 625,480 13,928,847

709,765 261,690 261,690320,685 108,943 108,943

(15,375) (26,497) (26,497)97,318 181,083 181,083

251,435 101,215 4,500 105,7151,363,828 626,434 4,500 630,934

7,739,374 (7,739,374)10,994,757 12,787,414 1,146,887 625,480 14,559,781

1,389,357 1,697,863 1,697,863729,002 396,602 396,602714,713 906,369 906,369

3,038,673 1,202,719 1,202,7195,871,745 4,203,553 4,203,553

1,248,623 1,316,236 1,316,2361,055,798 1,039,285 1,039,2852,304,421 2,355,521 2,355,521

399,322 144,415 144,4158,575,488 6,703,489 6,703,489

2,419,269 6,083,925 1,146,887 625,480 7,856,29226,357,256 10,288,686 8,212,278 18,500,964

$28,776,525 $ 16,372,611 $9,359,165 $ 625,480 $26,357,256

25



S T A T E M E N T O F C A S H F L O W S

YEAR E NDED DECEMBER 3 1,

1 9 9 8 1 9 9 7

CASH FLO WS F ROM OPERATING ACTI VITIES :

Change in net assets $ 2,419,269 $ 7,856,292Adjustments to reconcile change in net assets to net cash

provided by operating activities:Depreciation and amortization 1,432,656 431,916Provision for uncollectible promises to give 165,518 367,719Straight-line rent adjustments 303,514 266,724Temporarily restricted contributions for Museum building (1,311,262)Donated property (402,996)Decrease (increase) in:Unconditional promises to give 862,280 (3,734,481)Other assets 35,627 (590,403)Inventory (30,215) (119,614)Contributions receivable from trusts (188,182) (22,933)Increase (decrease) in:Accounts payable and accrued expenses (2,475,457) 2,513,299Deferred revenue (32,613) 76,726Net cash provided by operating activities 2,492,397 5,330,987

CASH FL OWS F ROM INV ESTING ACT IV ITIES:

Capital expenditures (409,523) (17,030,365)Decrease in Museum defer red

costs and construction in progress 9,201,611Long-term investments (25,425) 4,498Short-term investments—endowment funds (299,023)Cash and cash equivalents designated for depreciation reserve (1,195,357)Net cash (used in) investing activities (1,929,328) (7,824,256)

C ASH FL OWS F ROM FIN ANC ING ACTI VITI ES:

Advances from Battery Park City Authority 954,841Utilization of proceeds from Battery Park City Authority (4,814,396)Utilization of assets restricted for investment in Museum 6,203,111Proceeds from temporarily restricted

contributions for Museum building 1,311,262Net cash provided by financing activities 3,654,818

Net increase in cash and cash equivalents 563,069 1,161,549Cash and cash equivalents—beginning of year 1,664,452 502,903Cash and cash equivalents—end of year $ 2,227,521 $ 1,664,452


26


N O T E S T O F I N A N C I A L S T A T E M E N T S

NOTE A— SUMMA RY OF S IGNIF IC ANT ACCOUN TING P OLIC IES:

1.Organization and Nature of Activities—The purposes of A Living Memorial to the Holocaust:Museum ofJewish Heritage Museum are to operate “A Living Memorial to the Holocaust - Museum of Jewish Heritage”(Museum of Jewish Heritage) which is located at Battery Park City, NewYork,develop exhibitions that travel toother museums,to provide a venue for exhibitions related to the mission of the Museum,provide facilities for thepreservation of historical materials for research,conduct lectures,seminars and other educational programs and topublish articles,papers and research materials.

2.Cash and Cash Equivalents—The Museum has defined cash and cash equivalents to include unrestricted liquidshort-term investments with original maturities of three months or less.Cash and cash equivalents include$1,690,000 and $1,305,000 of commercial paper as at December 31,1998 and 1997, respectively.

The Museum’s cash and cash equivalents consist of cash and bank commercial paper at two commercial banks.The uninsured amount of cash in excess of the Federal Deposit Insurance Corporation limit at December 31,1998 and 1997 was approximately $545,000 and $297,000, respectively, before reduction for outstanding checks.


27


N O T E S T O F I N A N C I A L S T A T E M E N T S ( C O N T I N U E D )

3.Inventory—Inventory comprises items for sale in the museum shop and is recorded at cost.

4.Public Support and Contributions—Contributions are considered available for unrestricted use unless specifi-cally restricted by the donor. Donations of securities and property are recorded at fair value when received.TheMuseum recognizes contribution revenue for services received at the fair value of those services.These servicesprincipally include legal and consulting services which expense is included in supporting services.Unconditionalpromises to give due in subsequent years are recorded at the present value of their net realizable value, using risk-free interest rates applicable to the year in which the promises are received to discount the amounts.Temporarilyrestricted net assets reflect unconditional promises to give which are due in subsequent periods,contributionsre c e iva ble from trusts (substantially split-interest agreements) and assets re s t ricted by donors for va rious educationaland operating activities.Temporarily restricted net assets are reclassified to unrestricted net assets when a donorpurpose restriction is accomplished. Permanently restricted net assets comprise endowments.

5 .S p l i t - I n t e rest A greements—The Museum’s split-interest agreements with donors consist of irrevo c a ble chari t a bl eremainder trusts for which the Museum does not serve as trustee.The Museum’s beneficial interest in the trusts isrecorded at the present value of estimated expected cash flows to the Museum.Gains and losses resulting fromchanges in actuarial assumptions and accretion of discount are recorded as changes in permanently restricted netassets.The discount rate on split-interest agreements is approximately 6%.

6.Collections—Collections,which include artifacts of historical significance, are not recognized as assets on thestatement of financial position.Each collection item is cataloged,preserved and cared for and activities verifyingthe existence of the items and assessing their condition are performed continuously.

7.Buildings,Property and Equipment—Buildings,property and equipment are recorded at cost and are beingdepreciated using straight-line methods over their estimated economic useful lives.Expenditures for additions tobuildings, museum fabrication and equipment,and furniture and equipment are capitalized.

8.Income Taxes—The Museum has registered with the Internal Revenue Service as a tax-exempt organizationunder Section 501(c)(3) of the Internal Revenue Code;accordingly, the financial statements reflect no provisionfor income taxes.

9.Use of Estimates—The preparation of financial statements in conformity with generally accepted accountingprinciples requires management to make estimates and assumptions that affect the amounts reported in the finan-cial statements and the accompanying notes.Actual results could differ from those estimates.

10.Functional Allocation of Expenses—The costs of providing various programs and other activities have beensummarized on a functional basis in the statement of activities.Accordingly, certain costs have been allocatedamong the programs and supporting services benefited.

11.Reclassification—Certain balances on the statement of financial position and statement of activities for 1997have been reclassified to conform to the 1998 presentation.

NOTE B— UNCONDITIO NAL PROMI SE S TO G IVE:

Unconditional promises to give at December 31,1998,including amounts restricted to investment in Museum,are as follows:

Receivable in less than one year $ 4,911,430Receivable in one to five years 3,815,048Receivable in more than five years 235,000Total unconditional promises to g ive 8,961,478

Less discounts to net present value 755,035Less allowance for uncollectible promises 477,535Net $ 7,728,908

The discount rate used on long-term promises to give is 10%.T h ree promises to give aggregated approximately 32% and 22% of promises to give at December 31, 1998 and 1997.T h ree contri butions aggregated approximately 43% and 32% of contri butions income in 1998 and 1997, re s p e c t ive l y.


28


N O T E S T O F I N A N C I A L S T A T E M E N T S ( C O N T I N U E D )

NOTE C— BUIL DIN GS, FUR NITURE A ND EQ UIPMENT:

Buildings,furniture and equipment comprises the following:DECEM BER 31 ,

L I F E1 9 9 8 1 9 9 7 (IN YEARS)

Buildings $10,155,304 $10,067,958 15 - 40Museum fabrication and equipment 7,274,503 7,142,645 7Furniture and equipment 471,909 320,368 5 - 7Total 17,901,716 17,530,971

Less accumulated depreciation 1,811,128 464,146Total $16,090,588 $17,066,825

NO TE D— MU SEU M L EASE:

The Museum entered into a lease agreement with the Battery Park City Authority (Authority) expiring on June17,2069 for the rights and privileges to construct and thereafter operate a museum at Battery Park City. At theend of the lease term,the Museum property, to which the Authority retains title during the term of the lease, isto be sur rendered to the Authority.

The lease provided for deposits to be made by both the Museum and the Authority to a joint trust account tofund construction of the building.The amount contributed by the Authority was approximately 50% of construc-tion costs as determined by the actual project costs for the construction and design of the Museum and aggre g a t e d$9,954,841.Based upon the lease agreement,neither the Authority’s deposits nor the construction expendituresfunded by these deposits are reflected in net assets in the financial statements of the Museum.The Museum wascompleted and opened on September 15,1997.

Rental payments to the Authority are due quarterly and are equal to the greater of either 10% of the gross entryor exit receipts (as defined) or the Civic Facilities payment (as defined) due to the Authority for the Museum’sproportionate share of Battery Park City. Rental payments were $67,626 and $26,204 for the periods endingDecember 31,1998 and 1997, respectively.

NOTE E — C RED IT FA C I L I T I E S :

At December 31,1998,the Museum had a $3,050,000 line of credit under a revolving credit agreement with a bank.The line of credit agreement provides for reduction in the amount available under the agreement to$1,850,000 at January 31,1999 and expires at June 30,1999.Outstanding borrowings bear interest based at the bank’s prime rate or LIBOR plus 1.75% at the Museum’s option.The Museum has pledged as collateral allpresent and future charitable pledges.

NOTE F — OF FICE LE AS E:

The Museum leases office space under an operating lease, which expires September 30,2004.The lease providesfor minimum annual rent of $510,000 plus escalations in real estate taxes and operating expenses.The futureminimum annual rental payments are as follows:

Year ending:

1999 $ 510,0002000 510,0002001 510,0002002 510,000Thereafter 892,500Total $ 2,932,500

Rent expense aggregated $461,790 and $361,523 for the years ended December 31,1998 and 1997, respectively.

NOTE G— RETI REMENT P LA N:

Effective February 1, 1998,the Museum established a defined contribution retirement plan covering substantiallyall employees. Under the plan,the Museum matches employees’contributions up to 5% of their regular salary.Museum contribution aggregated $70,875 for the year ended December 31,1998.

NO TE H—BOAR D O F TRUSTEES DES IGNATED F UND:

During 1998,the Board of Trustees designated that the Museum establish a fund equal to the replacement cost ofthe Museum to be funded based upon depreciation expense. Such fund aggregated $1,906,000 and is included inunrestricted net assets at December 31,1998.The depreciation reserve fund is comprised of cash and cash equiva-lents ($1,195,000) short-term investments ($261,000) and a donated apartment held for sale ($450,000).


P H OTOGRAPHY CRED I TS

PAGES 2-3: MARK GUL EZIAN. PAGES 4-5: 1. WEB SI TE DESI GN BY GR A FIK MARKETING COM MUNI CATI O NS, PHOTO OF T HE MUSEUM BY DAV ID

SUND BERG; 2. ALAN KL EIN; 3. MELA NIE EINZIG. PAGES 6-7: 1 & 2. MELA NIE EINZIG; 3. MARK GUL EZIAN. PAGES 8-9: 1 & 2. PHOTOGRAPHY

CO URTESY OF T HE NATI O NAL CEN TER FOR JE WISH FILM; 3 & 4. MARK GUL EZIAN. PAGES 10-11: 1. MELA NIE EINZIG; 2 & 3. MARK GUL EZIAN;

4. PETER GOLDBERG. PAGES 12-13: 1. PETER GOLDBERG; 2. BARBARA PFEFFER. PAGES 14-15: MARK GUL EZIAN. PAGES 16-17: MARK GUL EZI A N .

PAGE 18: BARBARA PFEFFER. PAGES 19-22: MARK GUL EZI A N .

D ESI GN: GR A FIK MARKETING COM MUNI CATI O NS, ALEXA NDRIA, VA .

b oard of tru st e e s

Robert M. Morgenthau,Chairman

George Klein,Vice Chairman

Manfred Ohrenstein,Vice Chairman

Howard J. Rubenstein,Vice Chairman

Harry W.Albright, Jr.Judah GribetzImre HechtFanya Gottesfeld HellerPeter S. KalikowPatti Askwith KennerStephen E. KaufmanGerald M. Levin Joanna H. LipperErnest W. MichelIra M. MillsteinBess MyersonAnn OsterMorton PickmanBruce RatnerStephen RobertEdmond J. SafraLarry SilversteinSteven SpielbergEdward SteinbergMichael H. SteinhardtRosa StryglerLaszlo N.TauberWalter WeinerElie WieselShalom Yoran

b oard of ove rs e e rs

S. Daniel AbrahamSimon BergsonRobert Born Edgar M. BronfmanHoward J. ButnickRosalind DavisIra DrukierRudolph ForchheimerFrank FurthRobert A. GarinoSusan A. GitelsonSusan Rosenberg GoldsteinHelene Kener GrayIrving GreenbergSemone GrossmanSamuel HalpernH. Dale HemmerdingerErica JesselsonRae KanerUri Kaufthal

Rita G. LernerRuth MackSally MagidBenjamin MeedRobert MenschelIsrael MillerIrving Paler Leslie PetersBurton P. ResnickPearl ResnickHannah Sara RiglerHoward P. RonsonIrving SchneiderElan SchwarzAlan ShuchBernard SpitzerHarold SnyderPreston Robert TischCynthia Wainwright Joseph WilfJudith WilfAbraham ZuckermanGary Zwerling

audit, budget and finance com m i t t e e

Larry Silverstein,Chair

Harry W.Albright, Jr.Bruce Ratner

co ll ections and exhibitions com m i t t e e

Judah Gribetz,Chair

Rabbi Chaskell BesserHenry FeingoldSusan A. GitelsonStephen E. KaufmanGeorge KleinRita G. LernerErnest W. MichelManfred OhrensteinAnn OsterHannah Sara RiglerStephen RobertHoward J. RubensteinRobert SeltzerShalom Yoran

d eve lo pment com m i t t e e

Peter S. Kalikow,Co-Chair

Stephen Robert,Co-Chair

Steven L. HammermanImre HechtStephen E. KaufmanJack KligerErnest W. MichelLarry SilversteinRosa StryglerJerry WaldorWalter Weiner

e d ucation com m i t t e e

Ann Oster,Chair

Fanya Gottesfeld HellerJoanna H. LipperSally MagidBess MyersonGladys PickmanMartha RichAnne SpitzerIngrid Tauber

staff

as of au g u st 31, 1999

e xec u t i ve

David Altshuler,Director

Alana KupersteinLauren Perlmutter

co ll ections ande x h i b i t i o n s

Louis D. Levine,Director of Collections and Exhibitions

Zahava Chaya BekelnitzkyJulia BockEsther BrumbergJay M. EidelmanPeter EudenbachBonnie GurewitschFrieda J. KanoffInbar Kerper-SaranovitzJulie A. KleemanDiana L. KoepferMelissa NeidorfJud NewbornMeredith QuinnJamie Rebecca RosenfieldShari Segel

com m u n i cat i o n s

Abby R. Spilka,Director ofCommunications

Dina ImprotaAndrea L. Rosenthal

d eve lo pm e n t

Lawrence A. Cohen,Director of Development

Allan AppelJulie A. BrecherAllison CooleySuzanne MaltzHelene WhiteHillary Williams Strong

e d ucat i o n

Ivy L. Barsky,Director of Education

Ilana AbramovitchMarybeth BerlemannRina P. GoldbergKenneth GoldsmithDavid W. LiebmannRebecca LosickJoshua J. NeumanSheba F. SkirballMonique L. SpivackLeanne Toffell

finance anda d m i n i st rat i o n

Reginald L. French,Chief Financial Officer

Tammy ChiuDebra A. Cloud-MarcusCrystal CummingsRosemary FernandezJonathan LeiterIndrawati MahabirPatricia PelaezMadeline PerezSabine Ronelus

o pe rat i o n s

Dawn M.Anderson,Director of Operations

Gerard AmyzialZafrool Azad AzeezRichard BechardFrank CamporealeLorraine CosgroveAlmedia GambleEllen GrossmanMichelle Hamilton-

RaatibDeganith KatzHolas P. MahabirLouis MaioneKathryn R. MezaMarjorie O’Brien

RapaportTanya Annette PopeJoseph ShearinDeanna SilvaAntonio UcetaTinina Wilkerson

s ec u r i ty

Michael MinervaDirector of Security

*MJH 99 AR.Cover CXs 10/22 11/23/99 12:01 PM Page C3

MUSEUM: 18 FIRST PLACE, BATTERY PARK CITY, NEW YORK, NEW YORK

EXECUTIVE OFFICES: ONE BATTERY PARK PLAZA, NEW YORK, NY 10004-1484

TELEPHONE: 212-968-1800 FACSIMILE: 212-968-1368 WWW.MJHNYC.ORG

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