2024-04-10T14:53:47-05:00 2023-05-31 MICHAEL BERRY CPA PO BOX 5045 CULVER CITY CA 902315045 990PF 2022-06-01 811171385 MARY PICKFORD PRIVATE FOUNDATION MARY 7605050754 40730 CALLE BANDIDO MURRIETA CA 92562 HENRY STOTSENBERG PRESIDENT 7605050754 2024-04-10 1 HENRY STOTSENBERG 999009999 0 MICHAEL BERRY P00179412 3108382204 X 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X 11597848 X X 1884 1884 38344 38344 63185 63185 81262 2452112 81462 44335 44335 229010 229210 133846 26769 103259 199460 101480 92362 8711 -310 8651 41629 370 40973 38800 1250 35710 55966 52066 3900 4398 0 4182 58723 40479 10448 274058 38104 439094 -110550 490621 1254685 149658 790106 0 0 1254685 149658 790106 -1025675 79552 15774 9921 9921 89849 77495 77495 4584301 3673313 3673313 6496686 861031 7158418 5635655 5136927 2393847 2700192 2700192 14242189 12096576 11597848 4660 20723 146082 142361 26816 14097 177558 177181 X 14064631 11919395 14064631 11919395 14242189 12096576 14064631 -1025675 119580 13158536 1239141 11919395 JP MORGAN #639 2022-06-02 2023-05-31 389093 452225 -63132 -63132 JP MORGAN #639 2021-06-01 2023-05-31 1525129 1264734 260395 260395 JP MORGAN #640 2022-06-02 2023-05-31 123874 181661 -57787 -57787 JP MORGAN #640 2021-06-01 2023-05-31 391016 449030 -58014 -58014 81462 1106 0 1106 0 1106 9680 0 6000 0 15680 0 14574 14574 0 0 0 0 0 0 0 0 0 1 1 0 1 1 CA DE 0 0 0 1 0 1 HTTP://MARYPICKFORD.ORG HENRY STOTSENBERG 7605050754 40730 CALLE BANDIDO MURRIETA CA 92562 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 HENRY STOTSENBERG 40730 CALLE BANDIDO MURRIETA CA 92562 DIRECTOR, PRESIDENT 50.00 66923 0 0 KEITH LAWRENCE 40730 CALLE BANDIDO MURRIETA CA 92562 DIRECTOR, SECRETARY & TREA 30.00 66923 0 0 LUCY HERNANDEZ 40730 CALLE BANDIDO MURRIETA CA 92562 ADMINISTRATOR 40.00 71245 12124 0 0 JP MORGAN CHASE 2029 CENTURY PARK EAST 3700 LOS ANGELES CA 90067 INVESTMENT MANAGEMENT 51041 0 THE FOUNDATION SUPPORTS AND PROVIDES WORK AS SESSION PLAYERS FOR MANY UNDER-THE- RADAR AND UNKNOWN ARTISTS IN ORDER TO GIVE THEM A LEG UP IN ADVANCING THEIR CAREERS. THIS IS DONE IN PART BY PROVIDING STUDIO SPACE AND LODGING EITHER FREE OF CHARGE OR AT REDUCED RENT.EXPENSES INCLUDE DEPRECIATION OF 234,066 679293 CONTINUING WITH THE RESTORATION AND SCORING OF SEVERAL MARY PICKFORD FILMS AND THE SCREENING OF THOSE FILMS FOR VARIOUS ORGANIZATIONS (INCLUDING AS WELL AS 303,000 PAID TO MARY PICKFORD COMPANY AS PRODUCTION ADVANCES FOR WORK ON SUCH RESTORED FILMS AND BIOGRAPHS THAT WERE CAPITALIZED). 421631 THE ARTS CONSORTIUM LA IS THE CREATION OF THE MARY PICKFORD FOUNDATION. THE CONSORTIUM HELPS FORGE SOCIAL CHANGE AND GROWTH IN LOS ANGELES BY UTILIZING THE ARTISTIC PROCESS. IT PROVIDES EXISTING COMMUNITY-BASED ART ORGANIZATIONS AN OPPORTUNITY TO EXPAND THE SCOPE OF THEIR WORK WHILE ENHANCING CREATIVE GROWTH AND SELF-DETERMINATION FOR THE PARTICIPATING INDIVIDUALS. THROUGH THIS COLLABORATIVE PROCESS, ARTISTS ARE LEARNING TANGIBLE SKILLS: HOW TO UTILIZE NEW MEDIA TOOLS, MATERIALS, ALONG WITH OTHER ART PRODUCTION METHODOLOGIES. 102841 ESTABLISHING RELATIONSHIPS AND WORKING WITH ARCHIVES AROUND THE WORLD INCLUDING THE EXAMINATION OF MARY PICKFORD PRIVATE FOUNDATION'S FILM HOLDINGS WORLDWIDE AND CREATION OF A SEARCHABLE SPREADSHEET.IN ADDITION TO THE ITEMS LISTED IN PART IX-A (SUMMARY OF DIRECT CHARITABLE ACTIVITIES), THE FOUNDATION MAINTAINS A WEBSITE CLEARING HOUSE FOR ARCHIVAL INSTITUTIONS AND LIBRARIES RESEARCH REGARDING MARY PICKFORD AND SILENT FILM. $11,506 OF DIRECT AND INDIRECT EXPENSES WERE INCURRED. 82754 0 3760388 102520 716060 4578968 0 0 4578968 68685 4510283 225514 225514 1106 1106 224408 0 224408 0 224408 790106 0 314665 1104771 224408 0 0 284806 387291 856528 1528625 1104771 0 0 0 224408 880363 0 0 2408988 0 0 0 0 0 0 0 2408988 284806 387291 856528 880363 X 0 0 14 1884 14 38344 16 532000 -74796 15 44335 18 81262 -74796 165825 0 91029 0 0 0 0 0 0 0 0 0 0 ACCOUNTING 37550 0 35710 ACCOUNTING 1250 1250 0 AVID SYSTEM 2013-11-01 27937 27937 SL 5.000000000000 0 0 COMPUTERS 2019-09-01 8614 7896 SL 3.000000000000 718 0 BACK UP SYSTEM 2023-01-15 23384 SL 5.000000000000 1170 0 COMPOUND 2020-01-01 4112294 254825 SL 39.000000000000 105443 0 SPRINTER-SOLD 12-22 2020-01-01 58000 28033 SL 5.000000000000 6767 0 LAND 2020-01-01 1246702 L 0 0 STUDIO IMPROVEMENTS 2020-06-01 345856 46114 SL 15.000000000000 23057 0 EQUIPMENT 2020-06-01 601469 240588 SL 5.000000000000 120294 0 EQUIPMENT 2021-08-01 79896 13316 SL 5.000000000000 13316 0 EQUIPMENT 2023-03-01 4594 SL 5.000000000000 230 0 STUDIO IMPROVEMENTS 2021-06-01 45941 3063 SL 15.000000000000 3063 0 MARY PICKFORD COMPANY 2826 E 1ST STREET LOS ANGELES CA 90033 2017-12-14 50000 ON DECEMBER 14,2017, THE ORGANIZATION MADE A 50,000 STOCK INVESTMENT INTO MARY PICKFORD COMPANY, A WHOLLY OWNED CONTROLLED FUNCTIONALLY RELATED BUSINESS THAT PROVIDES PRODUCTION OF ARTISTIC WORKS SERVICES TO THE ORGANIZATION. SUCH FUNDS HAS OR WILL BE USED WHEN NEEDED FOR WORKING CAPITAL. TO THE KNOWLEDGE OF THE ORGANZIATION, NO FUNDS HAVE BEEN DIVERTED 2-28-18; 3-7-19; 3-4-20; 3-8-21; 3-22-22; 1-31-23, 1-25-24 NO INDENDENT VERFICATION WAS CARRIED OUT BY THE ORGANIZATION AS THE PROGRAMS AND ACCOUNTING PERFORMED BY MARY PICKFORD COMPANY ARE BY EMPLOYEES AND CONSULTANTS OF THE ORGANIZATION. NO ACTIVITIES WERE CONDUCTED BY THE ORGANIZATION IN DELAWARE DURING THE YEAR. THEREFORE, A COPY OF THE 990-PF IS NOT REQUIRED TO BE FILED IN DELAWARE. A COPY OF SUCH FORM WAS PROVIDED TO THE STATE OF CALIFORNIA ATTORNEY GENERAL'S OFFICE. SPRINTER 2020-01 PURCHASED 2022-12 23000 58000 COST 0 -200 34800 SUMMARY OF EXPENDITURES CHARITABLE PURPOSES PART 1, LINES 24 AND 25 (D) TOTAL OF CHARITABLE EXPENDITURES SHOWN IN PART VIII-A ( SUMMARY OF DIRECT CHARITABLE EXPENDITURES ) 1,286,519 LESS: AMOUNT CAPITALIZED INCLUDING PRODUCTION ADVANCES (303,000) LESS: GRANTS WITH SIGNFICANT INVOLVEMENT REPORTED PART I, LINE 25 (0)LESS: DEPRECIATION- INLCUDED IN PART VIII-A BUT NOT PART I, LINE 24(D) (235,954) _______ CHARITABLE EXPENDITURES INCLUDED IN PART VIII-A INCLUDED IN PART I, LINE 24 (D) 747,565 CONTIBUTIONS, GIFTS, AND GRANTS 0 ________TOTAL CHARITABLE EXPENDITURES 747,565LESS: EXPENDITURES IN PART VIII-A INCLUDED IN PART I, LINE 24 (747,565) ________ REPORTED ON PART I, LINE 25(D) 0 =======PART I, LINE 24(D) SUMMARYCHARITABLE EXPENDITURES INLCUDED IN PART VIII-A (ABOVE) 747,565OTHER CHARITABLE EXPENDITURES NOT INCLUDED IN PART VIII-A 11,506LEGAL NOT INCLUDED IN PART VIII-A 35,413 OTHER (4,378) _________REPORTED ON PART I, LINE 24(D) 790,106 ======== EXPENDITURE RESPONSIBILITY STATEMENT PART VII-B, LINE 5(C ) PART VII-B, LINES 5(A)(4) AND LINE 5(C) & STATEMENT 20AS NOTED IN STATEMENT 21, THE ORGANIZATION MADE A 50,000 STOCK INVESTMENT ON DECEMBER 14, 2017 INTO MARY PICKFORD COMPANY, A WHOLLY OWNED CONTROLLED FUNCTIONALLY RELATED BUSINESS. THE ORGANIZATION TOOK ON EXPENDITURE RESPONSIBILITY FOR SUCH INVESTMENT.NOTE THAT LINE 5(A)(4) OF PART VII-B WAS ANSWERED YES (THAT INDICATES A GRANT WAS MADE TO AN ORGANIZATION NOT DESCRIBED IN IRC 4945 (D)(4)(A) DURING THE YEAR. THE ANSWER SHOULD BE NO (AS ALL GRANTS (IF ANY MADE) DURING THE YEAR WERE MADE TO ORGANIZATIONS DESCRIBED IN 4945(D)(4)(A). DUE TO TAX SOFTWARE LIMITATIONS, THE QUESTION HAD TO BE ANSWERED YES IN ORDER TO GENERATE THE REQUIRED EXPENDITURE RESPONSIBILITY STATEMENT (STATEMENT 21). SCHEDULE OF CONTROLLED ENTITIES PART VI-A, ITEM 11 THE ORGANIZATION OWNS 100% OF MARY PICKFORD COMPANY (ID# 37-1874735), LOCATED AT 2826 E. 1ST STREET, LOS ANGELES, CA. 90033. SUCH COMPANY IS A FUNCTIONALLY RELATED BUSINESS OF THE ORGANIZATION AND THEREFORE IS NOT AN EXCESS BUSINESS HOLDING.DURING THE YEAR, THE ORGANIZATION TRANSFERRED $303,000 OF PRODUCTION ADVANCES TO MARY PICKFORD COMPANY. MARY PICKFORD COMPANY TRANSFERRED 27,500 OF RENT PAYMENTS TO THE ORGANIZATION DURING THE YEAR. CAPITAL GAINS FORM 990-PF, PART IV THE ORGANIZATION HAD VARIOUS SALES OF SECURITIES DURING THE YEAR THAT IS SUMMARIZED ON PART IV OF FORM 990-PF. FOR PURPOSE OF PART IV AND DUE TO TAX SOFTWARE LIMITATION, THE ACQUISITION DATES SHOWN ARE JUNE 2, 2022 AND JUNE 1, 2021 FOR SHORT- AND LONG-TERM TRANSACTIONS RESPECTIVELY. FOR SALES DATES, MAY 31, 2023 IS BEING SHOWN. DETAILS OF INDIVIDUAL TRANSACTIONS ARE AVAILABLE UPON REQUEST. PRIOR PERIOD ADJUSTMENT FORM 990-PF, PART III MARY PICKFORD PRIVATE FOUNDATION MISTAKENLY CAPITALIZED CERTAIN EXPENSES DURING CONSTRUCTION AND COVID TO THE COMPOUND ASSET. SUCH AMOUNTS TOTALING $1,081,514 SHOULD HAVE BEEN EXPENSED. IN ADDITION, CERTAIN EQUIPMENT AND STUDIO IMPROVEMENTS WERE MISTAKENLY CATEGORIZED TO BUILDINGS WHICH RESULTED IN A LONGER DEPRECIATION LIFE AND DEPRECATION WAS UNDERSTATED IN THE AMOUNT OF $167,769. FINALLY, ACCRUED VACATION AT MAY 31,2022 WAS OVERSTATED AT MAY 31,2022 BY $10,142. BALANCE SHEET FORM 990-PF, PART II CERTAIN BEGINNING OF YEAR ASSETS HAVE BEEN RECLASSIFIED ON PART II OF FORM 990-PF TO BE CONSISTENT WITH THE CLASSIFICATION OF CURRENT YEAR ASSETS. JP MORGAN 3673313 3673313 AVID SYSTEM 27937 27937 0 COMPUTERS 8614 8614 0 BACK UP SYSTEM 23384 1170 22214 COMPOUND 4112294 360268 3752026 SPRINTER-SOLD 12-22 58000 34800 23200 LAND 1246702 0 1246702 STUDIO IMPROVEMENTS 345856 69171 276685 EQUIPMENT 601469 360882 240587 EQUIPMENT 79896 26632 53264 EQUIPMENT 4594 230 4364 STUDIO IMPROVEMENTS 45941 6126 39815 LEGAL 41259 0 40973 LEGAL 370 370 0 FILM LIBRARY 4484 4484 4484 MEMORABILIA ITEMS 59890 59890 59890 PREPAIDS AND OTHERS 27916 22261 22261 BOOK 135977 135977 135977 RESTORED FILMS AND BIOGRAPH DOCUMENTARY 1673692 1879129 1879129 PRODUCTION ADVANCES 441888 548451 548451 MARY PICKFORD COMPANY 50000 50000 50000 PRIOR PERIOD ADJUSTMENT-SEE STATEMENT 1239141 INFORMATION TECHNOLOGY 19983 0 19004 INSURANCE 10533 62 9952 AUTO AND TRAVEL 20022 0 19041 OFFICE 9591 0 9121 TELEPHONE 20507 0 19502 MEALS 555 317 226 DIRECT CHARITABLE ACTIVITIES INCLUDED IN PART IX OTHER THAN OFFICER SALARIES 77208 0 77208 PARKING 447 0 425 ACCRUAL TO CASH ADJUSTMENT 0 0 2844 EXCESS EXPENSES OVER RENTS FROM CHARITABLE ACTIVITIES 296910 0 296910 SESSION ASSISTANCE 7970 0 7970 MOVING AND STORGAGE 28024 0 25376 ARCHIVES 1418 0 1418 FILM SHOOT 900 0 900 EXCESS RENTAL EXPENSES OVER RENTS FROM UBIT ACTIVITIES 55231 0 0 MUSICIANS LODGING AND FURNISHINGS 724 0 724 CLEANING AND REFUSE 24884 24884 0 INSURANCE 8612 8612 0 UTILITIES 31152 31152 0 MARKETING AND PROMOTION 13036 13036 0 TELEPHONE AND INFORMATION TECHNOLOGY 44153 44153 0 REPAIRS AND MAINTENANCE 27784 27784 0 BAND EVALUATION 14215 14215 0 LESS: EXCESS RENTAL EXPENSES OVER RENTS RELATED TO CHARITABLE ACTIVITIES -296910 -296910 0 AUTO 632 632 0 OFFICE 370 370 0 STUDIO-MICROPHONES, SMALL EQUIPMENT, SUPPLIES 53496 53496 0 SUPPLIES AND FURNISHINGS 1416 1416 0 HAULING AND MOVING 4972 4972 0 SOCIAL MEDIA 11900 11900 0 BANK FEES 103 103 0 SPRINTER 4193 4193 0 LESS: EXCESS RENTAL EXPENSES OVER RENTS ALLOCABLE TO UBIT -55231 -55231 0 OTHER 294 294 0 ROYALTIES 44335 44335 44335 CHANGE IN UNREALIZED GAINS AND LOSSES 119580 ACCRUED VACATION 20816 6597 DEFERRED TAXES 6000 7500 INVESTMENT MANAGEMENT 51041 51041 0 MUSICAL PRODUCTION ASSISTANCE 3900 0 3900 CONSULTING 1025 1025 0 FORIEGN 647 647 0 PAYROLL 13416 2467 10167 REGISTRATION FEES AND OTHERS 295 0 281 SECTION 4940 EXCISE TAX 7000 0 0 PAYROLL TAXES 8044 8044 0 PROPERTY TAXES 28521 28521 0 TAXES- OTHER 800 800 0 MARY PICKFORD COMPANY (A FUNCTIONALLY RELATED BUSINESS OF THE ORGANIZATION) 2826 E 1ST STREET LOS ANGELES CA 90033 371874735 RENT 303000 27500 MARY PICKFORD COMPANY (A FUNCTIONALLY RELATED BUSINESS OF THE ORGANIZATION) 2826 E 1ST STREET LOS ANGELES CA 90033 371874735 THE ORGANIZATION TRANSFERRED 303,000 OF PRODUCTION ADVANCES TO MARY PICKFORD COMPANY. 303000 303000