2016: A year in review
For over 30 years The Center has been the heart and home of the LGBT community, a space where everyone is celebrated for who they are. The Center empowers people to lead healthy, successful lives while celebrating our diversity and advocating for justice and opportunity.
In 2016…
We empowered today’s LGBT youth to become tomorrow’s leaders.
An estimated 30% of NYC’s youth in foster care identify as LGBT. Sam, who was placed in foster care at 15, tells her story and gives a voice to thousands of LGBT young people in the foster care system.
We marched.
Hundreds marched with us in the 2016 NYC Pride March and visited The Center for a special Pride scavenger hunt that ended with a commemorative photo.
We gave community members a platform to amplify their voice.
On November 14, 2016, The Center welcomed our vibrant community at a gathering that provided a safe space for healing, connection and expression as the nation prepared for a new Presidential administration.
We built community connections.
From our LGBT family play days, to the LGBT Career Fair to our 275 mile AIDS ride, Cycle for the Cause, we provided space for community members to connect, celebrate, find support and heal at events and gatherings.
We couldn’t have done it without you. Thank you for your support.
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.
Powsner Cooperberg Legacy Society (PCLS)
The Center gratefully acknowledges our PCLS members whose inclusion of The Center in their estate plans ensures our long-term future.
FY 2016 Annual Corporate Partners
We salute our annual corporate partners for their significant and sustained support of The Center.
Corporate Supporters
We are grateful to acknowledge the following corporations, firms and organizations that supported The Center with contributions of $5,000 or above.
- ADP
- ATM Anthony Thomas Melillo
- Bank of America Merrill Lynch
- Barneys New York
- Bloomberg
- BNY Mellon
- Burberry
- Cahill Gordon & Reindel LLP
- Capital One
- Celebrity Cruises
- Christopher Street Financial
- Circle Surrogacy
- Citi
- Corcoran Group
- Credit Suisse
- Davis & Gilbert LLP
- Davis Polk & Wardwell LLP
- Deutsche Bank
- Diageo
- Dolce & Gabbana
- Equinox
- Goldman Sachs
- Growing Generations
- HBO
- Hunton & Williams LLP
- IBM
- JetBlue
- Kering
- Kramer Levin Naftalis & Frankel LLP
- Kusmi Tea
- Lenox Hill Hospital Northwell Health
- Lizzie & Jonathan Tisch
- L’Oreal Luxe
- Marc Jacobs International
- Marriott
- Mayer Brown LLP
- McDermott Will & Emery LLP
- Microsoft
- NBCUniversal
- New England Fertility
- New York Liberty
- Nielsen
- Oliver Peoples
- PepsiCo
- Prudential
- PwC
- Reproductive Medicine Associates of CT
- Richards Kibbe & Orbe LLP
- Ronald O. Perelman and Claudia Cohen Center for Reproductive Medicine of Weill Cornell Medicine
- Shearman & Sterling LLP
- Sidney Garber
- Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates
- Sullivan & Cromwell, LLP
- Thakoon LLC
- Theory
- Time Warner Cable
- Viacom
- Victor Alfaro
- Wachtell, Lipton, Rosen & Katz
- Wells Fargo Advisors
Foundation Supporters
We are proud to recognize the following foundations that supported The Center’s diverse range of programs and services.
- AHS Foundation
- Anonymous
- Astraea Lesbian Foundation for Justice
- Bloomberg Philanthropies
- Booth Ferris Foundation
- Broadway Cares/Equity Fights AIDS
- Calamus Foundation
- Charles Hayden Foundation
- Cowles Charitable Trust
- David Geffen Foundation
- Grace R. & Alan D. Marcus Foundation
- Hill-Snowdon Foundation
- Keith Haring Foundation
- Kors Le Pere Foundation
- M•A•C AIDS Fund
- New York Community Trust
- New York Life Foundation
- Palette Fund
- Pinkerton Foundation
- Runnymeade Foundation
- S&P Global
- Shelley & Donald Rubin Foundation
- ViiV Healthcare
- Wells Fargo
Financials
| Program Services | $6,894,316 | 72.4% |
| Management & General | $771,096 | 8.1% |
| Fundraising | $1,859,202 | 19.5% |
| Total Expenses | $9,524,614 |
Statements of Financial Position as of June 30, 2016 and 2015
Assets |
2016 |
2015 |
| Cash and cash equivalents | $2,313,277 | $2,751,952 |
| Government grants receivable, net | 982,730 | 678,044 |
| Unconditional promises to give, net | 757,209 | 663,799 |
| Unconditional promises to give, net (capital project specific) | 114,200 | 150,763 |
| Other receivables, net | 405,312 | 51,277 |
| Prepaid expenses and other assets | 345,244 | 249,170 |
| Property, plant and equipment, net | 18,162,716 | 18,754,239 |
| $23,080,688 | $23,299,244 | |
Liabilities and Net Assets |
||
| Accounts payable and accrued expenses | $685,152 | $763,134 |
| Mortgages payable | 2,147,042 | 2,315,107 |
| Other liabilities | 258,945 | 123,263 |
| Total Liabilities | $3,091,139 | $3,201,504 |
| Net Assets | 19,989,549 | 20,097,740 |
| $23,080,688 | $23,299,244 | |
Statement of Activities and changes in net assets for years ending June 30, 2016 and 2015
Revenue and Support |
2016 |
2015 |
| Government grants | $2,188,252 | $1,751820 |
| Government grants (capital project specific) | – | 3,451,416 |
| Contributions | 2,897,030 | 2,918,998 |
| Contributions (capital project specific) | – | 467,110 |
| Special events | 2,061,071 | 1,926,948 |
| Legacies and bequests | 1,301,578 | 852,385 |
| Other revenue | 968,492 | 711,128 |
| $9,416,423 | $12,079,805 | |
Expenses |
||
| Program services | $6,894,316 | $5,823,498 |
| Management and general | 771,096 | 769,451 |
| Fundraising | 1,859,202 | 1,722,862 |
| $9,524,614 | $8,315,811 | |
| Change in Net Assets | $(108,191) | $3,763,994 |
| Net Assets, beginning of year | $20,097,740 | $16,333,746 |
| Net Assets, end of year | $19,989,549 | $20,097,740 |