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Annual Report 20 19 Annual Report gaycenter.org Year In Review 2019 brought our community both challenges and reasons to celebrate. As we enter 2020, we look back at 2019 and reflect on the progress we’ve made and prepare ourselves for the coming year. With your help, The Center provides a space for the LGBTQ community to find support, organize and build connections. Our doors are open 365 days a year to welcome people like Gene, E, Belize and Luis, all looking for community and connection and finding it within our walls. Gene works to support and uplift LGBTQ E connects with and educates other young people and others in the community LGBTQ immigrants at The Center, sharing through their leadership in Center Youth. his experiences to empower others. Belize came to The Center seeking a Luis found support and connection at strong sense of community and identity, The Center, and his work as an immigration and today helps connect fellow community lawyer helps LGBTQ immigrants thrive. members to much-needed resources. In 2019 we made significant progress for LGBTQ rights in New York, and celebrated our community’s legacy of fighting for justice. Mobilizing for Advocacy With support from partners across the state, our RiseOut advocacy program mobilized thousands of community members and allies to demand that New York State advance LGBTQ- affirming policies, after seven years of inaction. Together, we: • Secured the passage of laws that prohibited discrimination on the basis of gender identity & expression • Banned the use of conversion therapy on minors • Ended the use of the gay/trans “panic” defense in court • Brought state abortion laws up-to-date with Roe v. Wade • Required all state buildings, including schools, to have gender-neutral single occupancy bathrooms. Celebrating our Community In June, we commemorated the 50th anniversary of the Stonewall Riots by launching Stonewall Forever: an interactive, “living” monument to 50 years of Pride. It expands the reach of the Stonewall National Monument into a shared digital experience that is accessible worldwide via desktop, mobile and a free augmented reality app. We created the experience in order to amplify unheard voices and engage new generations in the story of the Stonewall Riots and the LGBTQ rights movement that grew out of them. Stonewall Forever was created through a partnership between The Center and the National Park Service, with the support of Google.org and in collaboration with Stink Studios. We couldn’t do any of this without you. Thank you. Financials Statement of Financial Position as of June 30, 2019 and 2018 2019 2018 Assets Cash and cash equivalents $2,416,206 $2,641,311 10.4% Investments 4,198,504 3,654,989 Government grants receivable, net 1,800,373 1,384,300 9.7% Unconditional promises to give, net 1,980,038 2,161,671 Other receivables, net 34,723 23,122 Prepaid expenses and other assets 472,956 516,568 79.9% Property, plant and equipment, net 16,771,870 17,031,974 $27,674,670 $27,413,935 Liabilities and Net Assets Accounts payable and accrued expenses $1,578,622 $864,393 Mortgages payable 1,945,324 2,018,291 Other liabilities 193,283 179,147 Total Liabilities $3,717,229 $3,061,831 Program services $12,972,682 Net Assets 23,957,441 24,352,104 79.9% $27,674,670 $27,413,935 Management and general Statement of Activities and changes in net assets for years ending $1,577,824 June 30, 2019 and 2018 9.7% Revenue and Support Fundraising Government grants $4,591,030 $4,489,271 $1,683,630 Contributions 5,373,786 6,271,101 10.4% Special events 3,557,662 3,118,426 Legacies and bequests 568,586 602,983 Total Other revenue 1,748,409 1,220,545 $16,234,136 Total Revenue and Support $15,839,473 $15,702,326 100.0% Expenses Program services $12,972,682 $10,402,591 Management and general 1,577,824 1,386,729 Fundraising 1,683,630 1,519,927 Total Expenses 16,234,136 13,309,247 Change in Net Assets $(394,663) $2,393,079 Net Assets, beginning of year $24,352,104 $21,959,025 Net Assets, end of year $23,957,441 $24,352,104 The Statement of Financial position of the Lesbian and Gay Community Services Center, Inc. as of June 30, 2019 and 2018, and the related Statements of activities , of functional expenses, and of cash flows were audited by Marks Paneth, LLP. The statements shown have been derived from the Audited Financial Statements. Supporters Major Donors The Center would like to recognize the generosity of our Leadership Society members whose support makes our life-saving and life-changing programs possible. Supporters The Center, 2019 Annual Report Supporters The Center, 2019 Annual Report Supporters The Center, 2019 Annual Report Supporters The Center, 2019 Annual Report Supporters 2019 Annual Corporate Partners We salute our annual corporate partners for their significant and sustained support of The Center. The Center, 2019 Annual Report Supporters Corporate Supporters We are grateful to acknowledge the following corporations, firms and organizations that supported The Center with contributions of $5,000 or above. Accenture Mastercard ADP McDermott Will & Emery LLP Alexander Wang McGivney & Kluger, P.C. Amida Care McKinsey & Company, Inc. AQR Capital Management Morgan Stanley Balenciaga Mount Sinai Health System Bank of America Merrill Lynch MSCI Barneys New York Viacom BD Medical Technology NBCUniversal Blackstone Alternative Asset Management New England Fertility Bloomberg Philanthropies Lenox Health Greenwich Village BNP Paribas Omnicom Health Group BNY Mellon Paul, Weiss, Rifkind, Wharton & Garrison, LLP Bridgewater Associates, LP PepsiCo Burberry Peloton Capital One PVH Carolee LLC PopSockets CIT Group Porter Novelli Citi Prudential Condé Nast R/GA Cravath, Swaine & Moore LLP RBC Wealth Management Cryos International - USA, LLC Ropes & Gray LLP CVS Health Salesforce Davis Polk & Wardwell LLP Shearman & Sterling LLP Deloitte Simple Surrogacy Deutsche Bank Sotheby’s Discovery Communications, Inc. Sullivan & Cromwell LLP EY Tito’s Handmade Vodka Foxwoods Resort Casino US Trust Fragomen Wachtell, Lipton, Rosen & Katz Fried, Frank, Harris, Shriver & Jacobson LLP Weil, Gotshal & Manges LLP Gay Parents To Be at RMACT Ronald O. Perelman and Claudia Cohen Center for Goldman Sachs Reproductive Medicine of Weill Cornell Medicine Google.org Wells Fargo Greenberg Traurig, LLP Wells Fargo Advisors Holr Media Group WorldWide Surrogacy Specialists LLC HBO Hunton Andrews Kurth IAC IBM Interpublic Group JPMorgan Chase & Co. Jackson Lewis LLP KKR Knotch Kramer Levin Naftalis & Frankel LLP L’Oreal Luxe Latham & Watkins LLP Lizzie & Jonathan Tisch Marina Maher Communications Marsh & McLennan The Center, 2019 Annual Report Supporters Foundation Supporters We are proud to recognize the following foundations that supported The Center’s diverse range of programs and services with grants of $5,000 or above. Anonymous Kors Le Pere Foundation Bank of America Charitable Foundation Lily Auchincloss Foundation, Inc. Booth Ferris Foundation M•A•C AIDS Fund Broadway Cares/Equity Fights AIDS MAXIMUS Foundation Calamus Foundation New York Community Trust Charles Hayden Foundation Nike Community Impact Fund CVS Health NoVo Foundation David Bohnett Foundation Palette Fund David Geffen Foundation Redlich Horwitz Foundation Google.org Rocking Moon Foundation Herman Liebmann Foundation Runnymeade Foundation Hill-Snowdon Foundation Rutgers Presbyterian Church Henry van Ameringen Foundation S&P Global Foundation Hyde and Watson Foundation Ted Snowdon Foundation Joseph LeRoy and Ann C. Warner Fund ViiV Healthcare Keith Haring Foundation Wells Fargo Thank you for supporting The Center and our mission. Our doors are open 365 days a year. Stop by for a visit and find your community at The Center. The Lesbian, Gay, Bisexual & Transgender Community Center 208 W 13 St New York, NY 10011 gaycenter.org 212.620.7310 @LGBTCenterNYC.
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