2019-02-11T13:02:23-06:00 2018-06-30 205907591 SMITH LEONARD PLLC 4035 PREMIER DRIVE SUITE 300 HIGH POINT NC 27265 990 2017-07-01 566064850 UNIVERSITY OF NORTH CAROLINA SCHOOL OF THE ARTS FOUNDATION INC UNIV 3367703333 1533 SOUTH MAIN STREET WINSTONSALEM NC 27127 JOHN WIGODSKY TREASURER 3367703333 2019-02-08 1 ADRIENNE MCKINNEY P00819656 3368830181 216.237.202.66 2019-02-08 13:28:43 ES P 41114BE78F9267D8857AD0643F4D09414A798F58 BBC6FF48F749624228983DC5C77016F783C914CC 2017 2019-02-21 02:37:17Z JOHN WIGODSKY 1533 SOUTH MAIN STREET WINSTONSALEM NC 27127 10902431 0 X WWW.UNCSA.EDU/FOUNDATIONACCOUNTING X 1964 NC TO FOSTER AND PROMOTE THE GROWTH, PROGRESS, AND GENERAL WELFARE OF THE UNCSA. 25 25 1 25 0 0 15475777 10379347 0 0 87844 128213 212279 318556 15775900 10826116 8622196 2056936 0 0 1072874 1306528 0 91608 397094 2827430 2714620 12522500 6169692 3253400 4656424 61207687 64476027 6344217 786093 54863470 63689934 UNCSA FOUNDATION'S PRIMARY PURPOSE IS TO FINANCIALLY SUPPORT THE ADVANCEMENT AND ACHIEVEMENT OF THE STUDENTS, FACULTY, AND STAFF OF THE UNIVERSITY OF NORTH CAROLINA SCHOOL OF THE ARTS. THE UNCSA FOUNDATION STRIVES TO SUPPORT THE STRATEGIC INITIATIVES OF UNCSA. 0 0 5018730 2056936 THE UNCSA FOUNDATION, INC. COORDINATES THE FUNDING OF THE UNIVERSITY OF NORTH CAROLINA SCHOOL OF ARTS ("UNCSA") PROGRAMS, SCHOLARSHIPS, AND GUEST ARTISTS. UNCSA IS DEDICATED ENTIRELY TO THE PROFESSIONAL TRAINING OF THE STUDENTS POSSESSING EXCEPTIONAL TALENTS IN PERFORMING, VISUAL, AND MOVING IMAGE ARTS. UNCSA IS COMMITTED TO THE IDEA THAT ART COMBINES CRAFT, IMAGINATION, PASSION AND INTELLECT. SCHOLARSHIPS CAN BE AWARDED BASED ON TALENT, DEMONSTRATED NEED, OR A COMBINATION OF BOTH. UNCSA PROVIDES STUDENTS WITH THE INVALUABLE EXPERIENCE OF WORKING WITH MANY INTERNATIONALLY RENOWNED ARTISTS WHO TEACH MASTER CLASSES, WORK ONE-ON-ONE WITH STUDENTS IN COACHING SESSIONS, AND TEACH CLASSES. UNCSA STRIVES TO IMPROVE THE CULTURE OF NORTH CAROLINA THROUGH COMMUNITY ENGAGEMENT TO FURTHER THE ADVANCEMENT OF THE ARTS. 5018730 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 249 0 1 1 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 MD MN NH NJ OH SC UT X CINDY LIBERTY 3367703333 1903 S MAIN STREET WINSTONSALEM NC 27127 FRANK LORD DIRECTOR 1.00 X 0 0 0 JULIE WILLIAMS DIRECTOR 1.00 X 0 0 0 WESLEY DAVIS DIRECTOR 1.00 X 0 0 0 DOUG HENDERSON DIRECTOR 1.00 X 0 0 0 JIM MARTIN PRESIDENT 1.00 X X 0 0 0 NOLA MILLER DIRECTOR 1.00 X 0 0 0 BILL WATSON DIRECTOR 1.00 X X 0 0 0 PETER JURAN VICE PRESIDENT 1.00 X X 0 0 0 KAY DONAHUE DIRECTOR 1.00 X 0 0 0 DAVID HINTON DIRECTOR 1.00 X 0 0 0 JOIA JOHNSON DIRECTOR 1.00 X 0 0 0 PETE RITCHER DIRECTOR 1.00 X 0 0 0 BARRY EISENBERG DIRECTOR 1.00 X 0 0 0 STEVE KARR SECRETARY 1.00 X X 0 0 0 JOHN WIGODSKY TREASURER 1.00 X X 0 0 0 DARA FOLAN DIRECTOR 1.00 X 0 0 0 MARY PERKINS DIRECTOR 1.00 X 0 0 0 TAYLOR SHIPLEY ASSISTANT TREASURER 1.00 X X 0 0 0 DAVID BROUGHTON DIRECTOR 1.00 X 0 0 0 JIM M RUFFIN DIRECTOR 1.00 X 0 0 0 ANDY M SCHNEIDER DIRECTOR 1.00 X 0 0 0 ROB SIMON DIRECTOR 1.00 X 0 0 0 ART BLOOM DIRECTOR 1.00 X 0 0 0 BETTYE BARRETT DIRECTOR 1.00 X 0 0 0 CHRYSTAL PARNELL DIRECTOR 1.00 X 0 0 0 CINDY LIBERTY EXECUTIVE DIRECTOR 40.00 X 133500 0 11200 133500 0 11200 1 0 0 0 BNY MELLON 225 LIBERTY STREET NEW YORK NY 10286 INVESTMENT MANAGEMENT FEES 212328 OLOGIE LLC 447 EAST MAIN STREET COLUMBUS OH 43215 DESIGN & CONSULTING SERVICES 129108 2 27550 10351797 1090368 10379347 115767 115767 12446 0 12446 12446 12446 123854 27550 76315 47539 47539 OTHER INCOME 900099 256451 256451 ADMINISTRATIVE FEE 900099 14566 14566 271017 10826116 271017 0 175752 X 1875252 1875252 181684 181684 144700 144700 1161828 783794 296042 81992 5968 5968 34800 34800 91608 91608 212328 212328 640242 560623 2414 77205 17941 8890 9051 494237 397547 10800 85890 57341 29481 21077 6783 462822 457607 2704 2511 69007 59553 6142 3312 23045 7746 15299 KENAN PROGRAMS 216555 216555 GUEST ARTIST EXPENSE 169905 169905 CATERING EXPENSES 69018 33596 35422 ENTERTAINMENT 65182 64943 239 0 176229 171554 1355 3320 6169692 5018730 753868 397094 15386658 9878613 7791697 8776897 24508 28923 14327 9533 60001 0 60001 60001 37070746 44792209 20895 15333 838855 914518 61207687 64476027 97106 27916 6247111 758177 6344217 786093 X 707985 817931 15502396 21595377 38653089 41276626 54863470 63689934 61207687 64476027 X 4656424 4824766 -654726 X X 0 1 X 1 0 X 5279900 5338138 8954814 15475777 10503201 45551830 5279900 5338138 8954814 15475777 10503201 45551830 16262991 29288839 2760 3553 10671 61878 115767 194629 270291 264726 260330 223634 278871 1297852 47044311 0.62260 0.56760 X 0 44980778 2485125 4807007 1037748 212328 51022834 34587415 7852314 4091955 1371978 178928 44980778 35638719 894146 -599387 1179362 166701 34587415 32011944 1543522 2941915 695514 163148 35638719 26313631 2753734 3652851 581846 126426 32011944 0.79240 0.20760 1 0 60000 60000 1 1 60001 ANNUITY INVESTMENTS 13685 F UNC INVESTMENT FUND 44778524 F 44792209 ANNUITY PAYMENT LIABILITY 24121 DUE TO UNCSA 734056 758177 X 15735052 4824766 7855 4832621 10902431 -76315 -76315 10826116 6197640 7855 76315 84170 6113470 56222 56222 6169692 PART V, LINE 4: THE ORGANIZATION'S INTENDED USE OF ENDOWMENT FUNDS IS FOR SCHOLARSHIPS AND SCHOOL RELATED PROGRAMS FOR THE UNIVERSITY OF NORTH CAROLINA SCHOOL OF THE ARTS. PART X, LINE 2: IT IS THE FOUNDATION'S POLICY TO EVALUATE ALL TAX POSITIONS AND TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A "MORE-LIKELY-THAN-NOT" THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE CONSOLIDATED FINANCIAL STATEMENTS. ANY CHANGES IN THE AMOUNT OF A TAX POSITION WILL BE RECOGNIZED IN THE PERIOD THE CHANGE OCCURS. CURRENTLY, THE STATUTE OF LIMITATIONS REMAINS OPEN SUBSEQUENT TO AND INCLUDING FISCAL YEAR 2015; HOWEVER, NO EXAMINATIONS ARE IN PROCESS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED FROM EVENT REVENUE -76,315. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED FROM EVENT REVENUE 76,315. PART XII, LINE 4B - OTHER ADJUSTMENTS: TRANSFERS TO UNCSA 56,222. X X X X X X 0 AL AR CA CT FL GA HI IL KS KY LA MA MD MI MN MO MS NC ND NH NJ NM NV NY OH OK OR PA RI SC TN UT VA WA WI WV ME AK SCHOLARSHIP FUNDRAISING 132979 23400 109579 34880 18863 16402 GUEST ARTIST ENDOWMENT 18425 4150 14275 4349 1821 151404 27550 123854 39229 18863 18223 76315 47539 1 UNIVERSITY OF NORTH CAROLINA SCHOOL OF THE ARTS 1533 SOUTH MAIN STREET WINSTONSALEM NC 27127 566065273 GOVERNMENTAL UNIT 1875252 PAYMENTS FOR SCHOLARSHIPS 1 0 GRANTS TO STUDENTS AND FACULTY FOR CAREER DEVELOPMENT AND THE FURTHERMENT OF KNOWLEDGE, PROFICIENCY, AND SKILLFULNESS. 140 181684 SCHEDULE I, PART I, LINE 1 THE FOUNDATION RECEIVES REPORTS FROM THE FINANCIAL AID DEPARTMENT AT UNCSA REGARDING SCHOLARSHIP AWARDS. X 45 1090368 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR AND TREASURER REVIEW THE FORM 990 IN DETAIL. IT IS THEN PROVIDED TO THE GOVERNING BOARD BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MEMEBERS COMPLETE A CONFLICT OF INTEREST SURVEY ANNUALLY. IF THEY HAVE CONFLICTS, MEMBERS DO NOT VOTE ON RELATED ITEMS. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S SALARY IS REVIEWED AND VOTED ON ANNUALLY BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY OF NORTH CAROLINA SCHOOL OF THE ARTS FOUNDATION MAKES DOCUMENTS REQUIRED TO BE OPEN FOR PUBLIC INSPECTION AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER SERVICES: PROGRAM SERVICE EXPENSES 311,700. MANAGEMENT AND GENERAL EXPENSES 2,414. FUNDRAISING EXPENSES 77,205. TOTAL EXPENSES 391,319. CONTRACTED SERVICES-KENAN INSTITUTE: PROGRAM SERVICE EXPENSES 248,923. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 248,923. FORM 990, PART XI, LINE 9: TRANSFER TO THOMAS S. KENAN INSTITUTE FOR THE ARTS -654,726. FORM 990, PART XII, LINE 2C: NO CHANGES HAVE BEEN MADE FROM THE PRIOR PERIOD. UNCSA FOUNDATION MANAGEMENT LLC 1533 S MAIN ST WINSTON SALEM NC 27127 814166820 ACCEPT REAL ESTATE DONATIONS NC 0 0 UNC SCHOOL OF THE ARTS FOUNDATION