Queen Sofía Spanish Institute

New York

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Mission

The Spanish Institute was founded in 1954 to promote greater awareness and

understanding of the culture of the Spanish-speaking world in the United States. Since its foundation, the Institute has sought to further its mission through a variety of programs which focus on particular aspects of Spanish culture, past and present, and the remarkable influence this culture has in the Americas.

In recognition of the support given to the Institute through the years by Her Majesty Queen Sofía of Spain, the Institute was renamed Queen Sofía Spanish Institute in November 2003.

The Institute provides professional language instruction by native Spanish speakers from Latin America and Spain and a number of specialized courses, including Spanish for business, law and medical sciences, and offers quality translation services in Spanish and English. The Class Program also has youngsters learning Spanish. The Institute reaches out to public and private schools in the New York area, providing lectures on Spanish and Latin American art and guided tours of the exhibitions.

The lectures, round-table discussions and book presentations address topics of current international interest in public affairs and the arts. The Spanish and American participants are distinguished experts in their fields. The fine arts exhibitions strive to reveal interesting aspects of Spanish art and collections and are often developed with the collaboration of other organizations. Once a year, The Gold Medal Gala awards are given to outstanding individuals from Spain, the United States and Latin America who have played a significant role in strengthening the relationship between the Spanish-speaking world and the United States.

The Institute is funded by individual and corporate memberships, donations, foundation grants, the Gold Medal Gala and an Endowment Fund. The Board of Directors is composed of American, Spanish and Latin American men and women who support and participate in the activities of the organization.

The members take an active part in all programs and their interest and support is essential to the continuing vitality of the Institute.

The Institute holds many of its activities in its beautiful McKim, Mead & White landmark building at 684 Park Avenue.

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Annual Report 2006

Mission of the Institute

Table of Contents

Letter from the Chairman and President

Board of Directors

Committees of Queen Sofía Spanish Institute

Programs

The 2006 Gold Medal Gala

Cultural & Corporate Programs

Medical Lectures

Exhibitions 2006

Educational Programs

Class Program

Education and Outreach

Financial Statements 2006

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Letter from the Chairman and the President

“Queen Sofía Spanish Institute has helped strengthen the bonds between our two nations and the rest of the Spanish-speaking world. It is organizations like this which are so important to our city and a big reason why New York is the World’s second home.”

Mayor Michael Bloomberg. Gold Medal Recipient. November 15, 2006

The words of Mayor Michael Bloomberg as he received the Institute’s Gold Medal this year expressed eloquently the mission and the aspirations of the Institute.

Over the years the Board of Directors and the members of the Cultural and Fine Arts Committee have made every effort to fulfill this objective through the teaching of the Spanish language and through a variety of cultural, scientific, educational and public affairs programs that have hopefully been a source of knowledge and inspiration.

We are pleased to present the 2006 Annual Report on line and hope you will enjoy reading about the activities of the Class Program, the exhibitions brought to our galleries, the recitals of contemporary as well as classical Spanish and Latin American music performed by young professionals, the lectures on a wide range of topics, the book presentations and the special events.

The 2006 Gold Medal Gala, in the presence of Her Royal Highness, The Infanta Doña Elena de Borbón and His Excellency Jaime Marichalar, Dukes of Lugo, once again recognized stellar individuals who excel in their commitment to open doors of understanding between our cultures: Mercedes Junco Calderón, Founder of Hola! and its Director, Eduardo Sánchez Junco, who together have transformed this most successful Spanish magazine into an international triumph, available in many languages and in over 98 countries; Mario Vargas Llosa, whose books have been translated in many languages and have influenced readers throughout the world, and Mayor Bloomberg who, in addition to his accomplishments as a businessman, politician and philanthropist, speaks excellent Spanish!

We would like to thank all the individuals and organizations in the United States, in Spain and in Latin America that have made possible the vitality and growth of the Institute.

Oscar de la Renta Inmaculada de HabsburgoChairman President

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BOARD OF DIRECTORS OF QUEEN SOFIA SPANISH INSTITUTE

2007

Oscar de la Renta, ChairmanValentín Fuster, Vice-ChairmanMartha T. Muse, Vice-ChairmanInmaculada de Habsburgo, President & CEODavid L. Askren, TreasurerLester Nelson, Secretary & CounselFernando Aleu, Chairman Emeritus

H.R.H. Doña Pilar de BorbónJohn BrademasSantiago CalatravaAssunta CarballeiraGustavo CisnerosCarlos Cordón-CardóJ. Pepe FanjulAmalia Lacroze de FortabatAntonio Garrigues WalkerBrigitte GerneyReinaldo HerreraElbrun KimmelmanNancy KissingerGonzalo de Las HerasJosé Lladó Fernández-UrrutiaFrancisco A. LorenzoGeorge B. MooreCarlos Alejandro Perez DávilaCarroll PetrieCarmen R. de PiniésEduardo Sánchez JuncoJulio Mario Santo DomingoJoy UbiñaJean Herrick Van WaverenA

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Committees of Queen Sofía Spanish Institute

Executive CommitteeChairman

Oscar de la Renta

Fernando AleuDavid L. AskrenJohn BrademasJ. Pepe FanjulValentín FusterInmaculada de HabsburgoReinaldo Herrera Gonzalo de Las HerasMartha T. MuseLester NelsonCarmen R. de PiniésJulio Mario Santo Domingo

Finance CommitteeChairman

Oscar de la Renta

Fernando AleuDavid L. AskrenGonzalo de Las HerasMartha T. Muse

Ex-officio:Inmaculada de Habsburgo

Nominating CommitteeChairman

Martha T. Muse

Fernando AleuJohn BrademasInmaculada de HabsburgoLester NelsonOscar de la RentaJulio Mario Santo Domingo

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Cultural and Public Affairs Committee

Honorary Members

Sir John Elliott Edward Malefakis

Philip W. Silver Chairman Lía Schwartz de Lerner

Robertina Calatrava Gabriella Canfield

Assunta Carballeira Edith Grossman Inmaculada de Habsburgo Richard L. Kagan Isaias Lerner Jay Levenson Barbara Rose Beatrice Santo Domingo William M. Sherzer Barbara Probst Solomon Senén Ubiña Julián Zugazagoitia Ex-Officio Amb. Juan Manuel Egea, Consul General of Spain, Consulate General of Spain in New YorkRoberto Varela, Consul Cultural of Spain, Consulate General of Spain in New York

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The 2006 Gold Medal Gala

Once again the Institute recognized four outstanding individuals with its 2006 Gold Medals: The Honorable Michael R. Bloomberg, Mayor of the City of New York; Mercedes Junco Calderón, Founder of Hola! magazine, and Eduardo Sánchez Junco, Director of Hola!; and world-renowned writer Mario Vargas Llosa. In 2006 the Institute was most honored by the presence of Her Royal Highness the Infanta Doña Elena de Borbón and her husband, His Excellency Jaime de Marichalar, Dukes of Lugo. The Infanta Doña Elena bestowed the Gold Medals on each of the honorees, who were acknowledged for the significant role each plays in strengthening the relationship between the Spanish-speaking world and the United States through the fields of philanthropy, media and literature.

Chairman Oscar de la Renta welcomed the Infanta Doña Elena and thanked her for her continued interest in the Institute and her presence at the Gala. Barbara Walters was the Master of Ceremonies and spoke eloquently about the remarkable achievements of each of the honorees, and about the merits of the Institute as a cultural organization in New York. We would like to thank all the supporters of the Institute for their generosity, and especially to acknowledge Board member Carmen de Piniés for her enthusiastic involvement and dedication.

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2006 Gold Medal Gala

ENDOWMENT BENEFACTORS Mrs. Mercedes Junco CalderónMr. & Mrs. Oscar de la RentaMr. & Mrs. Eduardo Sánchez Junco

GOLDEN BENEFACTORS Mr. & Mrs. Sid Bass Mr. & Mrs. Gustavo Cisneros Díaz-Bastien & Truan Abogados Mr. & Mrs. J. Pepe Fanjul Hon. Amalia Lacroze de FortabatGrupo SantanderMr. & Mrs. Julio IglesiasDr. & Mrs. Henry Kissinger Mr. & Mrs. Henry Kravis Mr. & Mrs. Leonard LauderMr. & Mrs. Donald B. Marron Mr. Lionel Pincus & H.R.H. Princess Firyal Mr. & Mrs. Frank R. Rainieri Hon. & Mrs. Julio Mario Santo DomingoMrs. Charles Wrightsman

BENEFACTORS Dr. Fernando AleuHon. Plácido ArangoBanco Bilbao Vizcaya ArgentariaDr. & Mrs. Santiago CalatravaMarquises de la Esperanza Gómez-Acebo & PomboAgnes Gund & Daniel Shapiro Mrs. Randolph HearstMr. & Mrs. Peter KimmelmanThe Samuel Kress H. FoundationMr. Robert LiebermanHon. & Mrs. José LladóMr. & Mrs. Francisco A. LorenzoNatura BisseMr. & Mrs. Luis G. NogalesPfizer, Inc. Mr. & Mrs. Mariano PuigMr. David RockefellerMrs. Edmond J. SafraThe Tinker FoundationMr. & Mrs. Senén UbiñaMr. Franz WassmerMr. & Mrs. Ezra K. Zilkha2

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Queen Sofía Spanish Institute’s Past Gold Medal Awardees

Special Quincentenary MedalsHis Majesty King Juan Carlos I & Her Majesty Queen Sofía of Spain

The Fiftieth Anniversary Commemorative Medal 2003Her Majesty Queen Sofía of Spain

2006Hon. Michael R. BloombergMercedes Junco CalderónEduardo Sánchez JuncoMario Vargas Llosa2005Julio IglesiasHenry KissingerBeatrice Santo Domingo2004Hon. José María AznarSantiago CalatravaRichard Meier2003Fernando Aleu2002Evelyn H. LauderJesús de PolancoLeopoldo Rodés2001Plácido ArangoHon. Rudolph W. GiulianiDave H. WilliamsReba White Williams2000H.R.H. Felipe de Borbón,Prince of Asturias1999Charles A. Heimbold, Jr.Hon. Robert MosbacherMariano Puig1998Valentín FusterHon. Javier Solana MadariagaWilliam C. Steere, Jr.1997Sir John ElliottCarolina HerreraP

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1996Martha T. MuseJohn RichardsonEmilio de Ybarra y Churruca1995John F. McGillicuddyIgnacio Gómez-Acebo1994Montserrat CaballéHon. Antonio Garrigues Díaz-CañabateAmb. Eric M. Javits1993Hon. Pasqual MaragallOscar de la Renta1992Paloma O’Shea de BotínPhilippe de Montebello1991Wayne CallowayJavier Godó, Conde de Godó1990Hon. Javier Pérez de Cuéllar1989Hon. Amalia Lacroze de FortabatJosé Carreras1988Amb. Angier Biddle DukeJuan Luis Cebrián1987H.R.H. Doña Pilar de Borbón,Duchess of BadajozDon Luis Gómez-Acebo, Duke of BadajozMr. & Mrs. Milton Petrie1986Hon. Jaime de PiniésRobert C. Goizueta1985Victoria de los AngelesJohn Brademas1984H.R.H. Don Juan de Borbón y Battenberg, Count of Barcelona1983Hon. Juan Antonio SamaranchRoger B. Smith1982Ramón CastroviejoHon. John Davis LodgeSevero Ochoa

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1981Plácido DomingoMargaret Rockefeller de Larraín1980Alicia de LarrochaJames A. Michener1979AntonioGeorge S. MooreHon. Carlos Romero Barceló 1978Henry Ford IIAndrés Segovia

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Cultural & Corporate Programs

The quality of the 2006 activities at Queen Sofía Spanish Institute has been maintained at the same high level as in previous years.

The Institute would like to recognize and thank the speakers, the artists and the curators who have inspired the members and the public at large by sharing their knowledge and by their performances.

Admiration and gratitude is also due to the Board of Directors and to the members of the Cultural and Corporate Committee for their commitment to develop innovative and thought-provoking programs and for their unfailing support.

And last but not least, our thanks to the corporate members, to the corporations and the private and public organizations that generously support the programs of the Institute.

PROGRAMS 2006

January 30, 2006

Luncheon in honor of Ambassador Brigitta Blaha, Consul General, Consulate General of Austria Discussion and Corporate Luncheon

February 3, 2006

The United Nations in the Fight Against TerrorismAmbassador Javier Rupérez, Executive Director of the Counter Terrorism Committee Executive Directorate at the United NationsIn collaboration with The Chiefs, an association of public affairs leaders in New York. President: Edward P. Gallagher, President of The American-Scandinavian FoundationLecture & Corporate Luncheon

February 8, 2006

The Burial of the Count of Orgaz – The Men Behind the PaintingGonzalo Crespí de Valldaura, Conde de OrgazWith introductory remarks by Oscar de la Renta, Chairman, Queen Sofía Spanish InstituteLecture and Corporate Dinner

March 16, 2006

Barcelona in the XXIst Century: Emerging TrendsH.E. Joan Clos, Mayor of Barcelona In collaboration with El Consorci de la Zona FrancaLecture and Corporate Luncheon

April 11, 2006

Recital by Alex Aguacil, pianistMusic by Isaac Albéniz, Enrique Granados, Antonio Soler, Ernesto Hallfter, Federico Mompou and Xavier MontsalvatgeIn collaboration with the Consulate General of Spain in N.Y.

April 18, 2006

Spain & Latin America Networking EventInformal meeting of young professionals to exchange ideas.In collaboration with The Spain – U.S. Chamber of Commerce &In association with: Colombian American AssociationBolivian – American Chamber of CommerceEcuadorean American AssociationNorth American – Chilean Chamber of CommerceU.S. – Mexico Chamber of CommerceVenezuelan American Association of the U.S.

April 20, 2006

On Site: New Architecture in SpainTerence Riley, Philip Johnson Chief Curator of Architecture and Design at MOMA and curator of the exhibition On Site: New Architecture in Spain (MOMA, February 12 – May 1, 2006)Lecture and Corporate Dinner

May 17, 2006

Spanish Culture in New York: A Quixotic Endeavor?Antonio Muñoz de Molina, Director, Instituto Cervantes, New YorkLecture

May 25, 2006

Recital: Mece a la estrella el trino... (The stars are swaying to the fluttering sound…) Performed by Luis A. Fernández-Llaneza, bajo baritone (bass baritone?), and Alex Garrobé, guitarist.Music by Eduardo Sainz de la Maza and Manuel García MoranteIn collaboration with the Consulate General of Spain in N.Y.

June 22, 2006

Celebration of the 20th Anniversary of the Establishment of Diplomatic Relations between the Kingdom of Spain and the State of Israel. Remarks were given by Mr. Lester Nelson, Secretary & Counsel, Queen Sofía Spanish Institute; Amb. Juan Manuel Egea, Consul General of Spain in New York; Amb. Arye Mekel, Consul General of Israel in New York; and Mr. E. Robert Goodkind, President, American Jewish Committee.Reception and Recital by Adam Kent, piano; Tali Roth, guitar; and Sabrina Lastman, vocals.This event was held with the support of the Consulate General of Spain in New York, the Consulate General of Israel in New York and the American Jewish Committee.

September 14, 2006

A Baroque treasure found: Omnes moriemini, by Ignacio JerusalemPerformers: Sophie Shao and Robert Isaacs. Lost since the late 18th century, Omnes moriemini, possibly the first piece with a solo cello part written in the Americas, was recently rediscovered by Dr. Evguenia Roubina, a cellist and professor at UNAM, in the Cathedrals of Durango and Mexico and the Basílica de Guadalupe, and performed for the first time in over 200 years at the Institute. In collaboration with The Americas Society. Lecture and Concert

September 29, 2006

The Cuisines of Spain (Publisher: Ten Speed Press, 2005)Teresa Barrenechea, Prestigious Chef and author of several cookbooksWith introductory remarks by Ambassador Juan Antonio Yañez Barnuevo, Ambassador Extraordinary, Permanent Mission of Spain to the United Nations In collaboration with the Tourist Office of SpainBook Presentation

October 5, 2006

Bach and the Baroque LegacyRecital by Mannes College of Music graduate studentsUnder the direction of Pavlina Dokovska, Chair of the Piano Department at Mannes CollegeMusic by Carl Philipp Emanuel Bach, Antonio Soler, Gaspar Sanz, Domenico Scarlatti, Arcangelo Corelli, Giovanni Felice Sances, Serge Rachmaninov and Fernando Jaum Obradors.In collaboration with Mannes College of Music

October 11, 2006

From Russia to Brazil: Spanish and Latin American Songs for Voice and PianoRecital by Patrice Jegou, mezzo-soprano, and Cristina Pato, pianist and Galician Bagpiper.

Monday, October 16th, 2006

Reception in honor of Clara María Gonzalez de Amezúa de Llamas, Acclaimed Spanish Chef, to present her with the Silver Spoon Award of Food Arts MagazineIn collaboration with Michael and Ariane Batterberry and Food Arts Magazine

October 25, 2006

El precio de una sombra (The Price of a Shadow) (Publisher: Ediciones Destino, Áncora y Delfín, 2005)Ambassador Javier Rupérez, Executive Director of the Counter Terrorism Committee Executive Directorate at the United NationsWith introductory remarks by Dr. Lía Schwartz de Lerner, Distinguished Professor and Chair, The Graduate Center, The City University of New York, and Inmaculada de Habsburgo, President, Queen Sofía Spanish InstituteBook Presentation & Corporate Dinner

October 25 – October 27, 2006

Art Bulls For Charity: Osborne’s Charge against HungerIn 2006, Osborne, the family-owned business that has been producing fine Spanish wines and spirits since 1772, commemorateed the 50th anniversary of its logo, the Osborne Bull, by uniting with the nonprofit Share Our Strength® to harness the strength of the bull in the fight against childhood hunger. Art Bulls For Charity brought together various notable Spain enthusiasts and Spanish celebrities to create a unique artistic rendering using a small cutout scale model of the Osborne Bull as a “canvas”. A showcase of more than 20 of these Art Bulls, including those designed by actor Antonio Banderas, TV Personalities Dr. Phil and Robin McGraw and Spanish fashion designer Agatha Ruiz de la Prada, was displayed at the Institute. In collaboration with Osborne and Share Our Strength®Organized by Janet P. Kafka, President, Janet Kafka and Associates, and Honorary Consul of Spain in Dallas, Texas

November 2, 2006

Concert featuring the premier of “6 estudios para piano” by Spanish composer, Israel David Martínez, Premio Composición Pianística de la Fundación Marcelino Botín, and also works by Robert Schumann, Claude Debussy and Franz Liszt Performed by Lucille Chung, PianistIn collaboration with the Embassy of Spain in Washington D.C.

Medical Lectures

September 18, 2006

Ramón y Cajal Closing Symposium in the presence of Her Majesty Queen SofíaBarcelona Presided by Dr. Fernando Aleu, Chairman Emeritus, Queen Sofía Spanish Institute

Participants: Dr. José Baselga, Chairman and Professor of Medicine, Medical Oncology ServiceVall d’Hebron University Hospital, BarcelonaDr. Carlos Cordón-Cardó, Director of Molecular Pathology, Memorial Sloan Kettering Cancer Center, New York Dr. Valentín Fuster, Director, The Zena & Michael A. Wiener Cardiovascular Institute, The Mount Sinai Medical Center, New YorkDra. Teresa Gómez Isla, Unit Head, Unit of Memory and Neurology Service, Hospital Santa Creu I Sant Pau, BarcelonaDr. Juan Carlos Izpisúa, Professor, Gene Expression Laboratory, The Salk Institute for Biological Studies, San DiegoDr. Joseph Masdeu, Departament of Neurology and Neurosurgery, University Clinic, University of Navarra, Pamplona

With the contributions of: Dr. Joan Massagué, Program Chairman & Lab Head, Cancer Biology & Genetics Research Program, Memorial Sloan Kettering Cancer Center, New YorkDr. Luis Rojas Marcos, Professor of Psychiatry, New York University School of Medicine, New York

Sponsored by Laboratorios Dr. Esteve

“We all know that research is the key to scientific progress and, therefore, to the progress of society as a whole.

Research, especially in the field of medicine, contributes to the transformation of this science into pharmaceutical drugs and therefore helps to improve the quality of life for many people. Nevertheless, contributing to the propagation of scientific knowledge is just as important as the carrying out of research, development, and innovation itself. The popularization of science implies giving everyone access to the information and the answers that will contribute in one way or another to the advancement of knowledge and, in some cases, to its application to ongoing research; in other cases, it will contribute to a greater public awareness of the work and dedication of so many researchers. M

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The primary objective of the Ramón y Cajal Cycle of Medical Conferences, begun eight years ago with my good friend Fernando Aleu, is precisely this: to promote the excellent work of Spanish scientists who are carrying out their research in the United States while at the same time working in close collaboration with public and private organisms and research centers in our own country.” Dr. Josep Esteve, President, Laboratorios Esteve, Barcelona

“Welcome. We have just arrived from New York with an excess of baggage. What did we have in our suitcases? Gratitude. In the first place, to Her Majesty the Queen, who for the sixth time accompanies us at one of the conferences in honor of Santiago Ramón y Cajal. Our gratitude is immense. Thank you, Your Highness.

We would also like to express our gratitude to our sponsor, my dear friend José Esteve, who has accompanied us on this journey that began eight years ago on Park Avenue and comes to a close today in the warm atmosphere of this auditorium.

Presently we will address the reasons why humanity suffers from a wide range of medical problems and all that is being done to solve them. We will talk about the recent past, the present, and a promising future. We will discuss heart disease; various forms of cancer; degenerative brain diseases, which are becoming more and more prevalent; the problem of medical and political ethics associated with stem cell research and regenerative medicine; and we will also discuss Positive Psychology, which is learning to see life as a glass that is half-full, rather than one that is half-empty.

For more than half a century, the mission of Queen Sofía Spanish Institute in New York has been to present the most outstanding examples of Spanish culture in the broadest sense of the word: literature, art, medicine, and other sciences. The cycle that we will bring to a close today is an example of this determination. Last but not least, we must give special recognition to the doctors who are present today, all of whom enjoy international prestige, and who have contributed to the success of this cycle of conferences.”

Fernando Aleu, Chairman Emeritus, Queen Sofía Spanish Institute

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6Exhibitions 2006

Giovanni Battista Piranesi: Etchings December 6, 2005 – February 4, 2006

From the collection of The Academia de Bellas Artes de San Carlos, ValenciaCurator: Adela Espinós Díaz, Curator of Drawings and Prints, Museum of Fine Arts of ValenciaIn collaboration with the Generalitat de ValenciaCatalogue available (Publisher: Generalitat Valenciana, 2005)

“Etcher, architect, designer, and archaeologist….”

“Today he is known primarily as an etcher, one of the greatest of his era and one of the most influential of any time.” “…..this notably compelling exhibition at once lofts Piranesi’s ‘grand ideas’ and explores his strangeness and some of his enigmas. From the work presented on the first floor – 10 engravings from his most famous series, the “Carceri d’Invenzione” or “Imaginary Prisons,” all from the later edition of 1761 – it would seem Piranesi did plan a universe, in microcosm. It’s not difficult to see why his vision appealed especially to the Romantic artists of later generations.”Daniel Kunitz – The New York Sun, December 15, 2005

Carlos Saura: Exhibition of Flamenco Photographs, 1950-2000April 13 – May 26, 2006

An exhibition of 95 black and white photographs by film director and photographer Carlos Saura. In collaboration with the Embassy of Spain in Washington, D.C., and the Consulate General of Spain in N.Y.

“Though the shots are still one can almost hear the clicking castanets and staccato footwork of the Flamenco dancers who grace this collection of black-and-white photographs taken by film director Carlos Saura. Sixty-nine stunning images are on display.”Lisa Rossi – The Wall Street Journal, Leisure & Arts, May 9, 2006

Albert Ràfols-Casamada, Paintings, 1950-2005July 21 – September 29, 2006

Curator: José Francisco Yvars In collaboration with The Spanish Ministry of Foreign Affairs and Cooperation; The State Corporation for Spanish Cultural Action Abroad (SEACEX); the Embassy of Spain in the United States, and the Consulate

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6General of Spain in New York.Catalogue available (Publisher: Ministry of Foreign Affairs and Cooperation, General Office of Cultural and Scientific Relations, 2006)

“In keeping with its mission, the Queen Sofía Spanish Institute has devoted its two galleries to a half-century survey of the Spanish painter Albert Ràfols-Casamada. ….. Mr. Ràfols-Casamada is a devotee of a brand of soft-edge, gesture-oriented, color-loving abstraction that was very chic in the 1950’s and 60’s and still attracts a hard-core legion of devotees. It gives the paintings a dated look, at times putting you in mind of similar looking pictures by the West Coast abstract painter Richard Diebenkorn and the more abstract work of Matisse – his masterpiece ‘The Piano Lesson’ (1916) at the Museum of Modern Art seems relevant here.”Benjamin Genocchio – The New York Times, August 18, 2006

“ … Ràfols has become the prime mover of post-noucentisme, as a promoter of Spanish intellectual life and an accomplished poet and artist.”Going on About Town, The New Yorker, July 24, 2006

Tile Design in Valencia: From the Middle Ages through the Early 20th CenturyNovember 15, 2006 – March 30, 2007

Curator: Dr. Jaume Coll Conesa, Director of the Museo Nacional de Cerámica y Artes Suntuarias González Martí de Valencia From the collections of the Museo Nacional de Cerámica de Valencia, the Museo del Azulejo de Onda (Castellón) and the Museo de Cerámica de Manises (Valencia). In collaboration with the Generalitat de ValenciaCatalogue available (Publisher: Generalitat Valenciana, 2006)

“ … an engrossing exhibit at Queen Sofía Spanish Institute, (it) has the beauty, variety, and quirkiness to jolt viewers into a prolonged state of tile fixation… …very quickly the show makes it apparent that you are in the presence not of home décor but of art.”Lance Esplund – The New York Sun, December 21, 2006

This exhibition “….moves at a swift clip through nearly eight centuries, demonstrating along the way the effects of Islam, Christianity and modernism on the ceramic tile tradition.”“(It) also serves nicely as a brief analogue to the history of Western painting, running alongside the rise of the Baroque and Rococo, 19th century genre painting and modernism…”Martha Schwendener – Art Review, The New York Times, January 2, 2007

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The Class Program continues to be an excellent Spanish language program in the New York area. The success of the program reflects the quality and dedication of its educators. The instructors are professionals with extensive teaching experience and hold advanced degrees in a variety of fields, making our classes informative, enjoyable and effective. The students enjoy the atmosphere of the Institute. Our diverse yet very specialized programs offer our students the necessary skills to speak Spanish and obtain their goals. By facilitating their participation in activities outside the classroom, such as concerts, films, art exhibitions and lectures, students expand their knowledge and understanding of the working Spanish language and culture.

GROUP TUITION

The academic Calendar consists of five 9-week courses and twelve 3-week intensive courses. Group classes are limited to 12 students and meet for a total of 27 hours per course.

During our five Nine-Week Courses in 2006 we taught over 1,000 students. The Three-Week Intensive Courses in 2006 were also very successful.

It is interesting to mention that we have included a series of Summer Workshops in our program. With them we wish to accommodate the special schedules that some students might have during the summer, and also to target specific subjects (Grammar, Conversation, Traveling Needs) as well as to learn a little more about Spanish and Latin American cultures (Art, Cinema, Theatre).

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TERTULIA

The Tertulias on Fridays were well attended and very effective for those students who wished to improve their oral skills in an enjoyable social atmosphere.

We offer two different Tertulias: the Advanced Tertulia, which meets every Friday for 2 hours and the Intermediate Tertulia, which meets once a month and is free of charge for our current students.

PRIVATE TUTORING & INMERSIONS

Both programs focus on the importance of language skills as a prerequisite for success in a global world. Therefore our courses provide a convenient and effective way for professionals to improve their Business Spanish, as well as for anyone who wishes to gain cultural understanding or travel to Spanish speaking countries.

We have taught around 2,500 hours of private instruction both at the Institute and at on-site locations. Executives from leading corporations such as New York City Human Resources, US Department of Homeland Security, JP Morgan Chase, City Group, Council on Foreign Relations, Smith & Barney, National Labor Relations Board, Lomar, Saint Catherine Siena Church, Pasternak, South Street Advisors, Ernst & Young, HSBC Securities and The Department of State, among others, have successfully participated in these programs.

ON-SITE PROGRAMS

The on-site programs continue to attract students from different fields. We have specialized programs for Business, Legal and Medical professionals/needs.We have group students from: Disney & Co, Tiffany’s, Rabobank, Columbia Hospital, NYLPI, and individual students from: Barclays Capital, City Group, and The Open Society Institute, among others.

SPANISH FOR CHILDREN.

Group and private programs continue to be quite popular. The goal of these classes is to teach children between the ages of 6 and 12 Spanish through fun activities that combine artistic creation, and storytelling.

Children love to put on puppet shows, and this activity provides a unique opportunity for them to develop creativity and artistic expression, both individually and as a group, as they work, plan, build, and express their ideas.

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TRANSLATION AND INTERPRETING SERVICES

Our professional translation team continues to work with many firms such as NY Presbyterian, Hebrew Home for the Aged as well as other individuals in our great city.

CÍRCULO LITERARIO

This reading club meets the first Friday of every other month to discuss a selected Spanish literary masterpiece. Students and members attend it and they have read and discussed novels such as: Marianela by Benito Pérez Galdós; Los Adioses by Juan Carlos Onetti; Aura by Carlos Fuentes; Nada by Carmen Laforet; El beso de la mujer araña by Manuel Puig; San Miguel Bueno, Mártir by Miguel de Unamuno; Don Quijote by Miguel de Cervantes; and Son de Almendra by Mayra Montero.

JUEVES CINE

This film program features works from different Spanish speaking countries. It meets the first Thursday of the month from October to May. Designed for our students, Jueves Cine is also well attended by our members. The films shown in 2006 included: Viridiana by Luis Buñuel; Bodas de sangre* by Carlos Saura; Flamenco* by Carlos Saura; and Valentín by Alejandro Agreso.

* These films were shown in conjunction with the exhibition Carlos Saura: Exhibition of Flamenco Photographs, 1950-2000.

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Education & Outreach 2006

The Education and Outreach program enables Queen Sofía Spanish Institute to invite public and private school children (grades 3-12) and teachers from the metropolitan area to learn more about Spanish art and history through the fine arts exhibitions and lectures offered during the academic year.

The curriculum includes a slide/lecture program, with presentations such as Spanish Art through the Ages; The Art of the Spanish in the United States; Knights in Armor; 3000 Years of Art in Mexico; Art of the Southwest American Indian; and Young Pablo Picasso and His World. Shirley Glubok, author of numerous educational children’s books, is the main lecturer of the program.

Created in 1992 through a five-year grant, the program received additional private donations by Board members and friends of the Institute. The program was awarded a substantial grant by an anonymous donor that carried it forward and allowed the Institute to expand the program to meet the growing needs of the metropolitan area schools.

In 2006 the Education and Outreach program reached over 400 students from the tri-state area. The following schools participated and each brought various grade levels:

Middle School 136Brooklyn, NY8th Grade, 25 Students3000 Years of Art in Mexico

Our Lady Queen of MartyrsNew York, NY 4th-6th Grade, 50 StudentsYoung Pablo Picasso and His World

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International Arts and BusinessBrooklyn, NY11th Grade, 40 StudentsSpanish Art Through the Ages

Village Community SchoolNew York, NY 3rd and 4th Grade, 50 StudentsThe Art of the Spanish in the United States

Trinity SchoolNew York, NY 5th Grade, 55 Students

Knights in Armor

Blessed Sacrament ElementaryNew Rochelle7th Grade, 21 StudentsKnights in Armor

Blessed Sacrament ElementaryNew Rochelle, NY7th Grade, 21 StudentsYoung Pablo Picasso

The Birch Wathen Lenox SchoolNew York, NY 9th Grade, 10 students

Spanish Art Through the Ages

Caedmon SchoolNew York, NY3rd and 4th graders, 30 StudentsThe Art of the Spanish in the US

Birch Wathen Lenox SchoolNew York, NY 7th Grade, 50 Students

Art of the Spanish in the US

Newington High SchoolNewington, CT9-12th Grade, 50 StudentsSpanish Art through the Ages

Financial Statements

The financial information has been extracted from the 2006 Audited Statements prepared by the Institute’s Auditors and Certified Public Accountants, Condon O’Meara McGinty & Donnelly LLP. The completed audited Financial Statements are available at the Institute upon request.

Statement of Financial Position December 31, 2006

Unrestricted Operating

Unrestricted Board

DesignatedTemporarily

Restricted2006Total

2005Total

Current Assets

Cash and Money Market Funds 1,030,700 211,678 99,871 1,342,249 1,228,950Receivables (net of allowance of $3,000 in both 2006 and 2005) 70,238 70,238 40,877

Book Inventory 14,223 14,223 16,967

Prepaid Expenses and Other 22,059 22,059 23,878

Total Current Assets 1,137,220 211,678 99,871 1,448,769 1,310,672

Property and Equipment (net) 811,831 811,831 828,005

Marketable Securities (at market) 2,560,206 2,560,206 2,303,077

Interfund Receivable (payable) (232,206) 232,206

Total Assets 1,716,845 3,004,090 99,871 4,820,806 4,441,754

Current Liabilities

Accounts Payable and Accrued Expenses 15,578 15,578 64,754

Tenant Deposits 6,712 6,712 6,712

Total Current Liabilities 22,290 22,290 71,466

Net Assets

Unrestricted

Operating 1,694,555 1,694,555 1,476,716

Board Designated 3,004,090 3,004,090 2,789,705

Total Unrestricted 1,694,555 3,004,090 4,698,645 4,266,421

Temporarily Restricted 99,871 99,871 103,867

Total Net Assets 1,694,555 3,004,090 99,871 4,798,516 4,370,288

Total Liabilities and Net Assets 1,716,845 3,004,090 99,871 4,820,806 4,441,754

Statement of Activities Year Ended December 31, 2006(with Summarized Financial Information for the Year Ended December 31, 2005)

Unrestricted Operating

Unrestricted Board

DesignatedTemporarily

Restricted2006Total

2005Total

Support and RevenueContributions and Grants 47,787 12,754 60,541 242,108

Contributions- Membership 216,040 216,040 127,281Fund Raising Events 1,054,601 1,054,601 1,348,285Contributed Funded Programs 300,000 300,000 360,000Tuition 646,444 646,444 676,793Rental and meeting room income 76,757 76,757 75,047

Interest and Dividends* 136,771 136,771 123,259

Bookstore Sales 39,053 39,053 48,239

Translation 26,766 26,766 7,300

Other 2,266 2,266 16,221

Net assets released from restrictions 16,750 (16,750)

Total Support and Revenue 2,563,235 (3,996) 2,559,239 3,024,533

ExpensesProgram Services* 1,579,690 1,579,690 1,715,759

Supporting Services

Management and General 368,357 368,357 325,315

Fund Raising 205,615 205,615 196,789

Direct Cost of Special Event 175,404 175,404 227,594

Total Supporting Services 749,376 749,376 749,698

Total Expenses 2,329,066 2,329,066 2,465,457Excess (deficiency) Before Net Realized and Unrealized Gain (Loss) on Marketable Securities

234,169 (3,996) 230,173 559,076

Net Realized and Unrealized Gain (Loss) on Marketable Securities 198,055 198,055 (60,113)

Interfund Transfer (16,330) 16,330

Increase (Decrease) in Net Assets 217,839 214,385 (3,996) 428,228 498,963

Net Assets, Beginning of Year 1,476,716 2,789,705 103,867 4,370,288 3,871,325

Net Assets, End of Year 1,694,555 3,004,090 99,871 4,798,516 4,370,288

*Includes interfund interest.

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7Staff of Queen Sofía Spanish InstituteAugust 2007

Inmaculada de Habsburgo President & C.E.O

Paloma Jiménez Director of Programs & AdministrationPeggy Holder-Jones Accounts Manager & AdministrationLaura Spalding Class Program Academic & Administrative CoordinatorImelda Martínez Class Program Administrative Coordinator

Administrative Staff

Milca AlmodóvarFabián GonzálezMeryl HornNatalie MrakConnie Vergara

Instructors

Yanko Bakulic Teresa Becerra Mario Chacón Ernesto De Villa Daniel Ercilla Ana Esteban Mónica Flores Fabián González Paloma González

Beatriz Herrera Celina Ibazeta Marina Izquierdo Constanza López Ricardo Llorca Hita Cristina Martínez Patricia Morales Teresa Nasarre Juan Padrón Israel Ramírez Sarah Rubio Guillermo Salgado Carlos Sánchez Oswaldo Vaca

Maintenance

José Gaviria Leonardo Tabares