2024-06-26T11:36:15-05:00 2023-09-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2022-10-01 135661025 HISPANIC SOCIETY OF AMERICA HISP 2129262234 613 WEST 155TH STREET NEW YORK NY 10032 PEARL CHIN CHIEF FINANCIAL OFFICER 2129262234 2024-06-26 1 PEARL CHIN XXX-XX-XXXX 1 MELISSA MODELSON P01603524 9143818900 2024-06-24 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z GUILLAUME KIENTZ 613 WEST 155TH STREET NEW YORK NY 10032 15227202 0 X WWW.HISPANICSOCIETY.ORG X 1904 NY THE SOCIETY PROVIDES A FREE PUBLIC MUSEUM AND A REFERENCE LIBRARY OF THE HISPANIC CULTURES. 21 21 33 22 23859 10977 4854614 4811250 159870 27500 675732 1175840 -61947 13268 5628269 6027858 0 0 0 0 2822916 3251087 27500 10596 393936 3376566 2559878 6226982 5821561 -598713 206297 82901104 89592679 2708695 1621422 80192409 87971257 X THE MISSION OF THE HISPANIC SOCIETY OF AMERICA IS TO COLLECT, PRESERVE, STUDY, EXHIBIT, STIMULATE APPRECIATION FOR, AND ADVANCE KNOWLEDGE OF, WORKS DIRECTLY RELATED TO THE ARTS, LITERATURE, AND HISTORY OF THE COUNTRIES WHEREIN SPANISH AND PORTUGUESE ARE OR HAVE BEEN PREDOMINANT SPOKEN LANGUAGES, ALL IN THE SERVICE OF THE PUBLIC AND IN ACCORDANCE WITH THE HIGHEST PROFESSIONAL STANDARDS. 0 0 4483600 0 40344 I. EXHIBITIONSTHE YEAR 2023 MARKED THE LONG-AWAITED REOPENING OF THE MAIN BUILDING (MUSEUM AND LIBRARY), AND THE CENTENNIALS OF TWO MAJOR FIGURES OF HISPANIC ART, JOAQUN SOROLLA (1863-1923) AND JESS RAFAEL SOTO (1923-2005) HONORED THROUGH DIALOGUE-EXHIBITIONS AND PROGRAMS 'SOTO/SOROLLA' (MAIN COURT), JESS RAFAEL SOTO'S PENETRABLE, A LONG-TERM LOAN FROM THE COLECCIN PATRICIA PHELPS DE CISNEROS (MAIN TERRACE), JEWELS IN A GEM: LUZ CAMINO AT THE HISPANIC SOCIETY (SOROLLA GALLERY), INAUGURATED BY H.M. QUEEN SOFA OF SPAIN. ADDITIONALLY, AS PART OF OUR EFFORT TO ENGAGE FURTHER WITH OTHER NEW YORK-BASED ORGANIZATIONS, WE WERE PROUD TO PRESENT A DOSSIER-SHOW ON JUAN DE PAREJA IN CONJUNCTION WITH THE EXHIBITION ORGANIZED AT THE METROPOLITAN MUSEUM AND WITH THE SUPPORT OF THE SCHOMBURG CENTER (NEW YORK PUBLIC LIBRARY), AND TO HOST MARTA CHILIDRON'S ORANGE CUBE 48 ON OUR BROADWAY TERRACE, A SHARED INITIATIVE WITH THE NORTHERN MANHATTAN ARTS ALLIANCE (NOMAA). II. PUBLIC PROGRAMSTHE RE-OPENED MUSEUM AND LIBRARY HAD A VERY ROBUST SCHEDULE OF PUBLIC PROGRAMS IN 2023 WHICH ALLOWED THE HISPANIC SOCIETY MUSEUM & LIBRARY TO EMBARK ON A PATH OF GREATER IMPACT AND VISIBILITY IN THE COMMUNITY AND AMONG POTENTIAL DONORS. THE EDUCATION DEPARTMENT AT THE HSM&L BEGAN THE FALL OF 2022 SUPPORTING THE FINAL WEEKS OF THE AMERICAN TRAVELERS EXHIBITION WITH WEEKLY HIGHLIGHT TOURS AND GUIDED GROUP VISITS, CLOSING BOTH THE EXHIBITION AND HISPANIC HERITAGE MONTH WITH A MULTIDISCIPLINARY ARTS ENGAGEMENT DAY FOR DA DE LOS MUERTOS. WE TURNED TO DEVELOPING A CALENDAR OF PROGRAMS FOR THE SPRING REOPENING THAT WOULD BUILD ON OUR SUCCESSFUL AUDUBON TERRACE PROGRAMS BUT SHIFTING FOCUS TO THE EDUCATION DEPARTMENT'S CORE SERVICE OF LIVE INTERPRETATION DURING GUIDED VISITS. THE EDUCATION DEPARTMENT WAS THE PLACEMENT SITE FOR TWO ROCKEFELLER BROTHERS FUND CURATORIAL FELLOWS.III. CONCERTSTHE PUBLIC RELATIONS AND SPECIAL EVENTS DEPARTMENT ORGANIZED AND PLANNED THE ANNUAL CONCERT SERIES AND PRE-CONCERT LECTURES, MULTI-DISCIPLINARY CONCERTS ORGANIZED IN COLLABORATION WITH LOCAL ENSEMBLES AND INTERNATIONAL ARTISTS. THIS YEAR'S CONCERT TITLED JOAQUN SOROLLA AND HIS VISIN DE ESPAA, CONSISTED OF THREE CONCERTS AND PERFORMANCES BY TEN ARTISTS. THE CONCERTS AND PRE-CONCERT LECTURES WERE PRE-RECORDED AT TWO DIFFERENT VENUES IN NEW YORK, THE HOUSE OF THE REDEEMER (FOR THE APRIL 27 AND MAY 4 CONCERTS); AND THE NATIONAL OPERA CENTER (FOR THE MAY 11 CONCERT), A FUTURE VIDEO TRANSMISSION WAS SCHEDULED ON JUNE 30TH. THE CONCERTS WERE SUPPORTED IN PART BY PUBLIC FUNDS FROM THE NEW YORK CITY DEPARTMENT OF CULTURAL AFFAIRS IN PARTNERSHIP WITH THE CITY COUNCIL WITH ADDITIONAL FUNDING FROM THE NEW YORK STATE COUNCIL ON THE ARTS. 4483600 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 82 0 33 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 NY X X GUILLAUME KIENTZ 2129262234 613 WEST 155TH STREET NEW YORK NY 10032 X PHILIPPE DE MONTEBELLO CHAIRMAN 1.00 X X 0 0 0 ANNA LAFFONT VICE CHAIR 1.00 X X 0 0 0 WILLIAM R HARMAN TREASURER 1.00 X X 0 0 0 MINER H WARNER SECRETARY 1.00 X X 0 0 0 MARLENE ALVA TRUSTEE 1.00 X 0 0 0 MARIETTE ARGUIMBAU SCOTT TRUSTEE 1.00 X 0 0 0 LORI COHEN TRUSTEE 1.00 X 0 0 0 KELLY CONWAY TRUSTEE 1.00 X 0 0 0 JAMES COSTOS TRUSTEE 1.00 X 0 0 0 MARIA CORTEZ DE LABAO TRUSTEE 1.00 X 0 0 0 JOSE RAFAEL FERNANDEZ TRUSTEE 1.00 X 0 0 0 SERGIO J GALVIS TRUSTEE 1.00 X 0 0 0 ANDRES V GIL TRUSTEE 1.00 X 0 0 0 ELIZABETH GOIZUETA TRUSTEE 1.00 X 0 0 0 JONATHAN HOGG TRUSTEE 1.00 X 0 0 0 CYNTHIA HUDSON TRUSTEE 1.00 X 0 0 0 FRANCISCO A LORENZO TRUSTEE 1.00 X 0 0 0 JUAN ANTONIO PEREZ SIMON TRUSTEE 1.00 X 0 0 0 EMILY K RAFFERTY TRUSTEE 1.00 X 0 0 0 MARK H ROSENBERG TRUSTEE 1.00 X 0 0 0 BOB VILA TRUSTEE 1.00 X 0 0 0 GUILLAUME KIENTZ EXECUTIVE DIRECTOR & PRESIDENT 40.00 X 249949 0 10568 MARGARET MCQUADE DEPUTY DIRECTOR 40.00 X 171987 0 11896 CHRISTINA SPRINGER CHIEF FINANCIAL OFFICER 40.00 X 100854 0 27107 JOHN O'NEILL CURATOR OF RARE BOOKS 40.00 X 108600 0 22750 ALEXANDER CAMPOS DIRECTOR OF DEVELOPMENT 40.00 X 114068 0 9991 PATRICK LENAGHAN CURATOR OF PRINTS & PHOTOGRAPHS 40.00 X 109350 0 11651 854808 0 93963 6 0 1 0 WOLF CONSTRUCTION CORPORATION 56 WEST 45TH STREET SUITE 1602 NEW YORK NY 10036 CONSTRUCTION SERVICES 973500 BEYER BLINDER BELLE ARCHITECTS & PLANNER 120 BROADWAY 20TH FLOOR NEW YORK NY 10271 ARCHITECTURAL SERVICES 857220 AJ SQUARED SECURITY INC PO BOX 77 POMPANO BEACH FL 33061 SECURITY GUARD STAFFING SERVICES 224999 PAUL PUCIATA 101 LAFAYETTE AVENUE PH-B BROOKLYN NY 11217 ARCHITECTURAL SERVICES 152366 PAL ENVIRONMENTAL SAFETY CORP 11-02 QUEENS PLAZA SOUTH LONG ISLAND NY 11101 ENVIRONMENTAL SERVICES 139000 6 26666 258986 4525598 4979 4811250 EXHIBITION INCOME 900099 27500 27500 27500 504287 23232 481055 500 0 500 500 500 9816921 9145368 671553 671553 627 670926 1584 26666 41272 -39688 -39688 25548 12704 12844 12844 MISCELLANEOUS INCOME 900099 39612 39612 39612 6027858 40344 23859 1152405 648069 321801 211573 114695 1900232 1776428 123804 34517 30492 3166 859 474193 398924 51979 23290 194076 155260 29112 9704 26798 26017 781 123890 123890 63570 63570 10596 10596 119014 119014 125131 54976 2872 67283 17584 17584 117210 74599 41840 771 96832 48805 6101 41926 191474 170628 20846 54004 4451 20028 29525 18617 2739 15878 542787 488509 54278 67992 33996 33996 UBI TAX EXPENSE 12070 12070 EXHIBITION EXPENSES 375488 375488 MUSEUM EXPENSES 235678 235678 REPAIRS & MAINTENANCE 210959 188593 22366 160780 98955 61825 5821561 4483600 944025 393936 315500 31512 3983276 2870156 87411 608530 35146 81490 0 117990 29030565 5822188 20718578 23208377 15046486 16169462 42714707 46505162 82901104 89592679 631601 500683 0 579175 2077094 541564 2708695 1621422 X 41417841 44083614 38774568 43887643 80192409 87971257 82901104 89592679 X 206297 6059021 1513530 X X 0 1 X 1 0 X 3761685 8913875 3821708 4854614 4811250 26163132 3761685 8913875 3821708 4854614 4811250 26163132 8973879 17189253 706999 490283 472745 472251 481555 2623833 13114 13136 3776 39612 69638 28856603 1077196 0.59570 0.58270 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2019 AMOUNT: $ 1,336. 2020 AMOUNT: $ 924. 2021 AMOUNT: $ 326. 2022 AMOUNT: $ 39,612. TAX REFUNDS - 2019 AMOUNT: $ 11,778. 2020 AMOUNT: $ 12,212. 2021 AMOUNT: $ 3,450. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 25323152 3823575 1509919 119014 27517794 31763615 -6180790 149853 109820 25323152 27696063 5540316 1332406 140358 31763615 27382317 1708392 1284756 109890 27696063 28994928 526382 1863680 275313 27382317 0.90973 0.00483 0.08544 0 0 633000 633000 22273343 5822188 16451155 6124222 6124222 23208377 ALTERNATIVE INVESTMENTS 10124000 F BENEFICIAL INTEREST IN PERPETUAL TRUSTS 36381162 F 46505162 ACCRUED PENSION BENEFIT 541564 541564 X 13180202 6059021 89613 1564713 7713347 5466855 119014 441989 561003 6027858 5401354 89613 51183 140796 5260558 119014 441989 561003 5821561 PART III, LINE 1A: THE SOCIETY'S COLLECTIONS ARE PRIMARILY MADE UP OF BOOKS, MANUSCRIPTS, PAINTINGS AND ARTIFACTS. THE COLLECTIONS ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION, WHICH IS PERMISSIBLE UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. PURCHASES ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. PART III, LINE 4: THE HISPANIC SOCIETY OF AMERICA OFFERS A COMPREHENSIVE SURVEY OF SPANISH PAINTINGS AND DRAWINGS FROM THE MIDDLE AGES TO THE PRESENT, WITH PARTICULAR STRENGTHS IN THAT OF THE SPANISH GOLDEN AGE (1550-1700), THE NINETEENTH CENTURY, AND THE EARLY TWENTIETH CENTURY. THE DEPARTMENT OF MANUSCRIPTS AND RARE BOOKS OFFERS UNPARALLELED RESOURCES FOR RESEARCHERS INTERESTED IN THE HISTORY AND CULTURE OF SPAIN AND THE AMERICAS. OVER 200,000 MANUSCRIPTS, DOCUMENTS, LETTERS AND MAPS SPANNING OVER 1,000 YEARS INCLUDE WORKS AS DIVERSE AS MEDIEVAL ROYAL CHARTERS AND CHRONICLES, EARLY HEBREW BIBLES AND MANUSCRIPTS, CARTOGRAPHIC LANDMARKS SUCH AS THE VESPUCCI WORLD MAP OF 1526, AS WELL AS GRAMMARS AND VOCABULARIES OF THE INDIGENOUS LANGUAGES OF THE AMERICAS. ITS 15,000 BOOKS PRINTED BEFORE 1701 CONTAIN SOME 250 INCUNABULA (BOOKS PRINTED BEFORE 1500) AS WELL AS UNIQUE COPIES AND FIRST EDITIONS OF MANY OF THE MOST SIGNIFICANT WORKS IN SPANISH LITERATURE AND HISTORY. IMPRINTS FROM THE NEW WORLD INCLUDING VOLUMES FROM MEXICO CITY, PUEBLA, LIMA, AND GUATEMALA, COMPRISE AN IMPORTANT PART OF THE LIBRARY. IN ADDITION TO RARE BOOKS, THE HISPANIC SOCIETY MAINTAINS A RESEARCH LIBRARY ON THE LITERATURE, FINE ARTS, GEOGRAPHY, HISTORY, AND CULTURES OF SPAIN, PORTUGAL, LATIN AMERICA, AND THE PHILIPPINES, COMPRISING OVER 250,000 TITLES PLUS PERIODICALS. THE HISPANIC SOCIETY'S COLLECTION ALSO CONTAINS A SIGNIFICANT SELECTION OF ISLAMIC AND CHRISTIAN SCULPTURE DATING FROM THE MIDDLE AGES TO THE EARLY 20TH CENTURY. THE COMPREHENSIVE COLLECTION OF TEXTILES, ONE OF THE FINEST IN THE WORLD, ATTESTS TO THE RICHNESS OF THIS ART IN THE IBERIAN PENINSULA FROM THE 14TH TO THE EARLY 20TH CENTURY. PART V, LINE 4: SUBSTANTIALLY ALL INVESTMENTS ARE PART OF THE SOCIETY'S RESTRICTED ENDOWMENT OR UNRESTRICTED BOARD DESIGNATED FUNDS FUNCTIONING AS AN ENDOWMENT, COLLECTIVELY CALLED THE "ENDOWMENT". THE SOCIETY'S ENDOWMENT CONSISTS OF VARIOUS INDIVIDUAL GIFTS ESTABLISHED PRIMARILY TO SUPPORT THE MISSION OF THE SOCIETY. AS REQUIRED, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. PART X, LINE 2: THE SOCIETY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SOCIETY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE SOCIETY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO FISCAL 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: STORE EXPENSES REPORTED ON PART VIII, LINE 10B: 12,704. PENSION BENEFIT ADJUSTMENT REPORTED ON PART XI, LINE 9: 1,552,009. PART XI, LINE 4B - OTHER ADJUSTMENTS: EXHIBITION EXPENSES REPORTED ON PART IX, LINE 24: 375,488. EVENT EXPENSES REPORTED ON PART IX, LINE 24: 37,938. ACQUISITION EXPENSES REPORTED ON PART IX, LINE 24: 28,563. PART XII, LINE 2D - OTHER ADJUSTMENTS: WRITE-OFF OF UNCOLLECTIBLE PLEDGES PART XI, LINE 9: 22,000. STORE EXPENSES REPORTED ON PART VIII, LINE 10B: 12,704. PENSION BENEFIT ADJUSTMENT REPORTED ON PART XI, LINE 9: 16,479. PART XII, LINE 4B - OTHER ADJUSTMENTS: EXHIBITION EXPENSES REPORTED ON PART IX, LINE 24: 375,488. EVENT EXPENSES REPORTED ON PART IX, LINE 24: 37,938. ACQUISITION EXPENSES REPORTED ON PART IX, LINE 24: 28,563. CENTENNIAL PARTY 28250 26666 1584 20342 6425 14505 28250 26666 1584 20342 6425 14505 41272 -39688 X X X 0 0 0 0 0 0 0 0 0 GUILLAUME KIENTZ EXECUTIVE DIRECTOR & PRESIDENT 249949 0 0 0 0 0 2115 0 8453 0 260517 0 0 0 MARGARET MCQUADE DEPUTY DIRECTOR 171987 0 0 0 0 0 -13661 0 25557 0 183883 0 0 0 FORM 990, PART VII, COLUMN (F) AND SCHEUDLE J, PART II, COLUMN (C): THESE TWO COLUMNS SHOW THE ACTUARIAL INCREASE OR DECREASE IN THE DEFINED BENEFIT PLAN FOR CALENDAR YEAR 2023. FORM 990, PART I, LINE 5, AND PART V, LINE 2A: THE ORGANIZATION CONTRACTED WITH A PROFESSIONAL EMPLOYER ORGANIZATION (PEO) FOR SERVICES, INCLUDING BUT NOT LIMITED TO, PAYROLL, TIMEKEEPING, EMPLOYEE BENEFITS, HR ADMINISTRATION AND WORKFORCE REGULATORY COMPLIANCE NEEDS. AS THE EMPLOYER OF RECORD FOR TAX PURPOSES, FORMS W-2 AND W-3 ARE ISSUED BY THE PEO AND FILED UNDER THE PEO'S FEDERAL EIN. IN THIS CO-EMPLOYMENT ARRANGEMENT, THE ORGANIZATION IS THE COMMON LAW EMPLOYER AND, ACCORDINGLY, COMPENSATION IS REPORTED ON FORM 990, PART VII, SECTION A AND PART IX, LINES 5-10. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE FINANCE COMMITTEE AND AUDIT COMMITTEE FOR REVIEW AND COMMENT. IT IS THEN ELECTRONICALLY SENT TO THE FULL BOARD. THE BOARD THEN RATIFIES THE FILING BY RESOLUTION DULY PROPOSED AND ADOPTED AT ITS NEXT SCHEDULED BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS ALL TRUSTEES, INTERNATIONAL ADVISORY COUNCIL MEMBERS, EMPLOYEES AND VOLUNTEERS. IF THE HISPANIC SOCIETY ENGAGES IN AN ACTIVITY WHERE THERE IS A POSSIBLE CONFLICT OF INTEREST BETWEEN THE HISPANIC SOCIETY AND AN OUTSIDE OR PERSONAL INTEREST OF A TRUSTEE, THE OUTSIDE INTEREST OF THE TRUSTEE SHALL BE DISCLOSED IMMEDIATELY TO THE ENTIRE BOARD OF TRUSTEES AND SHALL BE RECORDED IN THE MINUTES OF MEETINGS OF THE BOARD. THIS DISCLOSURE SHALL ALSO APPLY IF THE OUTSIDE OR PERSONAL INTEREST INVOLVES A PERSON CLOSE TO THE TRUSTEE, SUCH AS AN AFFILIATE OF THE TRUSTEE. ANY DECISION BY THE HISPANIC SOCIETY TO USE THE PROFESSIONAL OR CONTRACTUAL SERVICES OF A TRUSTEE SHALL BE BASED ON THE INFORMED CONSENT OF A DISINTERESTED MAJORITY OF THE BOARD OF TRUSTEES OF THE HISPANIC SOCIETY. IN ALL SUCH CASES, THE MINUTES OF THE BOARD OF TRUSTEES SHALL REFLECT THE BASIS FOR THE BOARD'S BUSINESS JUDGMENT AND THE CONSIDERATIONS TAKEN INTO ACCOUNT IN RENDERING SUCH A DECISION TO USE THE PROFESSIONAL OR CONTRACTUAL SERVICES OF A TRUSTEE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE SHALL REVIEW AND RECOMMEND TO THE BOARD THE ANNUAL SALARY AND OTHER BENEFITS INCLUDED IN THE COMPENSATION OF THE EXECUTIVE DIRECTOR, AS WELL AS ANY OTHER EMPLOYEES WHO MAY BE SPECIFICALLY DESIGNATED FOR THAT PURPOSE BY THE BOARD. NEITHER THE EXECUTIVE DIRECTOR, NOR ANY EMPLOYEE OF THE HISPANIC SOCIETY MAY SERVE ON THE COMPENSATION COMMITTEE. COMPARABILITY DATA IS USED FROM SIMILAR ORGANIZATIONS SUCH AS COMPARABLE MUSEUMS AND THROUGH THE AMERICAN MUSEUM DIRECTOR ASSOCIATION. THIS PROCESS WAS LAST UNDERTAKEN IN 2020 AND WAS DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. FORM 990, PART VII, SECTION A, LINE 1, COLUMN (F): SEVERAL COMPENSATED INDIVIDUALS LISTED ON THE FORM 990 HAVE REPORTED A CHANGE IN THE ACTUARIAL VALUE OF THE BENEFITS UNDER THE PENSION PLAN OF THE HISPANIC SOCIETY OF AMERICA FOR THE PLAN YEAR ENDING SEPTEMBER 30, 2023. FORM 990, PART VII, COLUMN (F) INCLUDES THE ACTUARIAL INCREASE OR DECREASE IN THE DEFINED BENEFIT PLAN FOR THE YEAR ENDING SEPTEMBER 30, 2023. FORM 990, PART XI, LINE 9: PENSION LIABILITY ADJUSTMENT 1,535,530. WRITE-OFF OF UNCOLLECTIBLE PLEDGES -22,000. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.