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Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990.
lBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2020
Open to Public
Inspection
Name of the organization
THE INTERNATIONAL COUNCIL OF THE MUSEUM OF
MODERN ART INC
Employer identification number
13-6143744
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient
that received more than $5,000. Part II can be duplicated if additional space is needed.
(a) Name and address of organization
or government		 (b) EIN (c) IRC section
(if applicable)		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
noncash assistance		 (h) Purpose of grant
or assistance
(1) MUSEUM OF MODERN ART
11 WEST 53RD STREET NEW YORK NY 1
NEW YORK,NY10019 		13-1624100 501(C)(3) 681,550   N/A N/A EXHIB/PUBLCTN/TRAVEL
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image
1
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2020
Page 2

Schedule I (Form 990) 2020
Page 2
Part III
Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Number of
recipients		 (c) Amount of
cash grant		 (d) Amount of
noncash assistance		 (e) Method of valuation (book,
FMV, appraisal, other)		 (f) Description of noncash assistance
(1)
(2)
(3)
(4)
(5)
(6)
(7)
Part IV
Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.
Return Reference Explanation
PART I, LINE 2 - PROCEDURES FOR MONITORING GRANTS IN THE UNITED STATES OVERALL: ALL FINANCIAL OPERATIONS ARE OVERSEEN BY THE COUNCIL TREASURER AND EXECUTIVE COMMITTEE. CASH RECEIPTS AND DISBURSEMENTS ARE REVIEWED MONTHLY BY THE EXECUTIVE DIRECTOR OF THE COUNCIL. THE MUSEUM OF MODERN ART MAKES AVAILABLE MONTHLY REPORTS ON COUNCIL INCOME AND EXPENSE, AND ON THE THREE FUNDS INVESTED BY THE MUSEUM OF MODERN ART ON THE COUNCIL'S BEHALF. ALL EXPENSES PAID BY THE MUSEUM OF MODERN ART ON THE COUNCIL'S BEHALF ARE REIMBURSED ON A QUARTERLY BASIS. BUDGETS: BUDGETS FOR ADMINISTRATION, PROGRAMS, AND GRANTS ARE REVIEWED IN THE FALL AND IN THE SPRING. VARIANCES ARE REVIEWED AND SHARED WITH THE TREASURER AND EXECUTIVE COMMITTEE. EACH GRANT REQUEST IS REVIEWED INDIVIDUALLY BY THE EXECUTIVE COMMITTEE AND RELEVANT STAFF. TRAVEL GRANT BUDGETS ARE REVIEWED BY A TRAVEL ADVISORY COMMITTEE CONSISTING OF COUNCIL MEMBER REPRESENTATIVES AND COUNCIL AND MUSEUM OF MODERN ART STAFF. PAYMENTS: PAYMENTS FOR DISBURSEMENTS RELATING TO ALL GRANT FUNDS REQUIRE APPROPRIATE SUPPORTING DOCUMENTATION BEFORE PAYMENTS ARE MADE. THE BUDGET FOR EACH TRAVEL GRANT IS REVIEWED BY APPROPRIATE STAFF AND COUNCIL COMMITTEE REPRESENTATIVES. RESTRICTIONS PLACED ON GIFTS BY DONORS ARE STRICTLY RECORDED AND RESPECTED. INTERNATIONAL PROGRAM: THE DIRECTOR OF THE INTERNATIONAL PROGRAM OF THE MUSEUM OF MODERN ART REPORTS TO THE COUNCIL ON ALL ACTIVITIES, THROUGH ITS EXECUTIVE COMMITTEE, WITH ROUTINE REPORTS TO THE MEMBERSHIP. THE INTERNATIONAL PROGRAM SERVES AS AN IMPORTANT BRIDGE BETWEEN THE MUSEUM OF MODERN ART AND THE COUNCIL.
Schedule I (Form 990) 2020



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