RINGLING COLLEGE LIBRARY: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- RINGLING COLLEGE LIBRARY (EIN 51-0173628)
- Tax period
- 2017-06-01 to 2018-05-31
- Filed
- 2018-12-21
- IRS object ID
- 201813559349300126
- Schema version
- 2017v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-12-21T10:45:46-06:00 | ReturnTs |
| Tax Period End | 2018-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 591753337 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KERKERING BARBERIO & CO | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 49348 | AddressLine1Txt |
| City | SARASOTA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 342306348 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 510173628 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RINGLING COLLEGE LIBRARY | BusinessNameLine1Txt |
| Business Name Line2 | ASSOCIATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RING | BusinessNameControlTxt |
| Phone | 9413095100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 4071 | AddressLine1Txt |
| City | SARASOTA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34230 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEPHANIE GROSSKREUTZ | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 9413095100 | PhoneNum |
| Signature | 2018-11-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | REBECCA U STONER | PreparerPersonNm |
| PTIN | P00585910 | PTIN |
| Phone | 9413654617 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 71.101.221.218 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-11-30 | IPDt |
| IP Tm | 13:55:57 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 1DDA76E780E419B43F0AC8CCF8703AACD10E77E2 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 262576631B761DD032A50EB4523BB6276368EFF7 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | STEPHANIE GROSSKREUTZ | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 4071 | AddressLine1Txt |
| City | SARASOTA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34230 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,010,066 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.RCLASSOCIATION.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1975 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | RINGLING COLLEGE LIBRARY ASSOCIATION IS DEDICATED TO THE ONGOING DEVELOPMENT OF THE ALFRED R. GOLDSTEIN LIBRARY AND ACTS AS A CATALYST FOR THE EDUCATION GROWTH OF STUDENTS, FACULTY AND COMMUNITY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 17 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 17 | VotingMembersIndependentCnt |
| Total Employee | 2 | TotalEmployeeCnt |
| Total Volunteers | 38 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $675,583 | PYContributionsGrantsAmt |
| CY Contributions Grants | $559,932 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $422 | PYInvestmentIncomeAmt |
| CY Investment Income | $6,904 | CYInvestmentIncomeAmt |
| PY Other Revenue | $629,358 | PYOtherRevenueAmt |
| CY Other Revenue | $579,560 | CYOtherRevenueAmt |
| PY Total Revenue | $1,305,363 | PYTotalRevenueAmt |
| CY Total Revenue | $1,146,396 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $186,686 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $83,776 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $162,174 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $166,799 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $114,342 | PYOtherExpensesAmt |
| CY Other Expenses | $103,666 | CYOtherExpensesAmt |
| PY Total Expenses | $463,202 | PYTotalExpensesAmt |
| CY Total Expenses | $354,241 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $842,161 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $792,155 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,205,638 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,026,540 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,462,601 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,491,348 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $743,037 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,535,192 | NetAssetsOrFundBalancesEOYAmt |
| Mission | RINGLING COLLEGE LIBRARY ASSOCIATION IS DEDICATED TO THE ONGOING DEVELOPMENT OF ALFRED R. GOLDSTEIN LIBRARY AND ACTS AS A CATALYST FOR THE EDUCATION GROWTH OF STUDENTS, FACULTY AND COMMUNITY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $83,776 | ExpenseAmt |
| Grant | $83,776 | GrantAmt |
| Desc | LIBRARY BOOK AND CAPITAL CAMPAIGN FUNDING FOR THE RINGLING COLLEGE OF ART AND DESIGN. THESE FUNDS WERE NOT RESTRICTED. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $146,790 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $23,948 | RevenueAmt |
| Desc | RINGLING COLLEGE LIBRARY ASSOCIATION MEMBERSHIP SUPPORT INCLUDED ARTS-ORIENTED FIELD TRIPS, MEMBERSHIP EVENTS AND OTHER SUPPORT FOR THE VERMAN KIMBROUGH LIBRARY. FIVE ART LECTURE EVENTS WERE HELD DURING THE YEAR, ATTENDANCE INCREASED OVER THE PRIOR YEAR, AND IN SOME CASES ATTENDANCE HAD TO BE LIMITED DUE TO DEMAND. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $230,566 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 5 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 2 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 17 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 17 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEPHANIE GROSSKREUTZ | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9413095100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 4071 | AddressLine1Txt |
| City | SARASOTA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34230 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| ERIN HOPE CHRISTY | ||||||
| DIRECTOR - SCHOLARSHIP | 1.00 | Yes (X) | $0 | $0 | $0 | |
| PATRICK DUGGAN | ||||||
| MEMBER-AT-LARGE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MICHAEL FORSON | ||||||
| MEMBER-AT-LARGE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| KATHLEEN FRANCE | ||||||
| RCLA PRESENTS | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SUSAN GROSS | ||||||
| MEMBER-AT-LARGE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ASHLEY HAWKINS | ||||||
| MEMBER-AT-LARGE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MITZIE HENSON | ||||||
| TOWN HALL CHAIR 2019 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JENNIFER HUBER | ||||||
| MEMBER-AT-LARGE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| OLLIE JOHNSON | ||||||
| MEMBER-AT-LARGE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CATHY LAYTON | ||||||
| MEMBER-AT-LARGE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| EMILY WALSH | ||||||
| TOWN HALL CHAIR 2018 | 5.00 | Yes (X) | $0 | $0 | $0 | |
| LINDA WHITACRE | ||||||
| MEMBER-AT-LARGE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| RENEE EPPARD | ||||||
| IMMEDIATE PAST PRESIDENT | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BECKY MAHONEY | ||||||
| PRESIDENT | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| JAY LOGAN | ||||||
| PRESIDENT ELECT | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| CINDY STUHLEY | ||||||
| VICE PRESIDENT | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| JIM ROQUE | ||||||
| TREASURER | 10.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| LESLIE LOFTUS | ||||||
| RECORDING SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| CHRIS CREMER | ||||||
| CORRESPONDING SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| STEPHANIE GROSSKREUTZ | ||||||
| EXECUTIVE DIRECTOR | 40.00 | $96,817 | $0 | $11,178 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $96,817 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $11,178 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| VAN WEZEL PERFORMING ARTS HALL | |||||
| 777 N TAMIAMI TRAIL | SARASOTA | FL | 34236 | HALL RENTAL | $191,090 |
| GREATER TALENT NETWORK | |||||
| 437 5TH AVENUE | NEW YORK | NY | 10016 | SPEAKER FEES | $128,000 |
| WASHINGTON SPEAKERS BUREAU | |||||
| 1663 PRINCE ST | ALEXANDRIA | VA | 22314 | SPEAKER FEES | $109,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $236,345 | MembershipDuesAmt |
| Fundraising | $313,787 | FundraisingAmt |
| All Other Contributions | $9,800 | AllOtherContributionsAmt |
| Total Contributions | $559,932 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,904 | TotalRevenueColumnAmt |
| Exclusion | $6,904 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $1,418,723 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $313,787 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $863,670 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $555,053 | TotalRevenueColumnAmt |
| Exclusion | $555,053 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| ART LECTURE | 900099 | $23,948 | $23,948 | |
| MISCELLANEOUS | 900099 | $559 | $559 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $24,507 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,146,396 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $23,948 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $562,516 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $83,776 | TotalAmt |
| Program Services | $83,776 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $108,166 | TotalAmt |
| Program Services | $60,514 | ProgramServicesAmt |
| Management And General | $47,652 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,592 | TotalAmt |
| Program Services | $47,592 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,041 | TotalAmt |
| Program Services | $8,281 | ProgramServicesAmt |
| Management And General | $2,760 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,240 | TotalAmt |
| Management And General | $25,240 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $612 | TotalAmt |
| Program Services | $612 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,522 | TotalAmt |
| Program Services | $435 | ProgramServicesAmt |
| Management And General | $4,087 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,417 | TotalAmt |
| Program Services | $352 | ProgramServicesAmt |
| Management And General | $10,065 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,203 | TotalAmt |
| Management And General | $10,203 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,440 | TotalAmt |
| Program Services | $5,220 | ProgramServicesAmt |
| Management And General | $5,220 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,483 | TotalAmt |
| Management And General | $1,483 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,545 | TotalAmt |
| Management And General | $1,545 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,639 | TotalAmt |
| Management And General | $5,639 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| ART LECTURE | $21,290 | $21,290 | |
| BANK CHARGES | $6,227 | $6,227 | |
| PRESIDENTS FUND | $3,117 | $2,494 | $623 |
| MEALS & ENTERTAINMENT | $1,603 | $1,603 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,328 | TotalAmt |
| Management And General | $1,328 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $354,241 | TotalAmt |
| Program Services | $230,566 | ProgramServicesAmt |
| Management And General | $123,675 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $757,524 | BOYAmt |
| EOY | $803,775 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,276,160 | BOYAmt |
| EOY | $1,744,537 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $2,792 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $167,637 | BOYAmt |
| EOY | $472,664 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $6,279 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,507 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,317 | BOYAmt |
| EOY | $2,772 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,205,638 | BOYAmt |
| EOY | $3,026,540 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,448 | BOYAmt |
| EOY | $3,235 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $380,268 | BOYAmt |
| EOY | $628,113 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,071,885 | BOYAmt |
| EOY | $860,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,462,601 | BOYAmt |
| EOY | $1,491,348 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $743,037 | BOYAmt |
| EOY | $1,535,192 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $743,037 | BOYAmt |
| EOY | $1,535,192 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,205,638 | BOYAmt |
| EOY | $3,026,540 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $792,155 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $417,493 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $337,042 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $634,123 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $675,583 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $559,932 | CurrentTaxYearAmt |
| Total | $2,624,173 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $417,493 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $337,042 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $634,123 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $675,583 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $559,932 | CurrentTaxYearAmt |
| Total | $2,624,173 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $112,441 | SubstantialContributorsTotAmt |
| Public Support Total170 | $2,511,732 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $545 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $545 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $659 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $971 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,904 | CurrentTaxYearAmt |
| Total | $9,624 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,864 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,480 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,451 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,540 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $24,507 | CurrentTaxYearAmt |
| Total | $48,842 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $2,682,639 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $7,294,231 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.93630 | PublicSupportCY170Pct |
| Public Support PY170 | 0.93490 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,279 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,507 | DepreciationAmt |
| Book Value | $2,772 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,772 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| NONREFUNDABLE FEES | $410,000 |
| LONG-TERM PLEDGE TO RINGLING COLLEGE OF ART & DESIGN | $450,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $860,000 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $2,010,066 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $863,670 | OtherRevenueAmt |
| Revenue Not Reported | $863,670 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,146,396 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,146,396 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,217,911 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $863,670 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $863,670 | ExpensesNotReportedAmt |
| Expenses Subtotal | $354,241 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $354,241 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | UNDER THE INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION, THE ORGANIZATION HAS REVIEWED AND EVALUATED THE RELEVANT TECHNICAL MERITS OF ITS TAX POSITIONS IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENTS EXPENSE 863,670. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENTS EXPENSE 863,670. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | TOWN HALL LECTURE SERIES | Event1Nm |
| Gross Receipts Event1 | $1,732,510 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $313,787 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $1,418,723 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $208,906 | RentFacilityCostsEvent1Amt |
| Other Direct Expenses Event1 | $654,764 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $1,732,510 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $313,787 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $1,418,723 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $208,906 | RentFcltyCostsTotalEventsAmt |
| Oth Direct Expnss Total Events | $654,764 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $863,670 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $555,053 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RINGLING COLLEGE OF ART AND DESIGN | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2700 NORTH TAMIAMI TRAIL | AddressLine1Txt |
| City | SARASOTA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34234 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 590637903 | RecipientEIN |
| IRC Section | 501(C)(3) | IRCSectionDesc |
| Cash Grant | $83,776 | CashGrantAmt |
| Purpose Of Grant | LIBRARY AND LIBRARY CONSTRUCTION AND MATERIALS | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | ORGANIZATION REGULARLY MONITORS THE GRANTS MADE TO RINGLING COLLEGE OF ART & DESIGN. THIS IS THE ONLY ORGANIZATION RECEIVING GRANTS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART I, LINE 6 VOLUNTEERS | ALL BOARD MEMBERS ARE VOLUNTEERS. THEY OVERSEE THE ACTIVITIES OF THE ASSOCIATION. ALL MEMBERS OF THE TOWN HALL COMMITTEE ARE VOLUNTEERS. THEY OVERSEE THE TOWN HALL LECTURE SERIES. |
| FORM 990, PART VI, SECTION A, LINE 4 | BYLAWS AMENDED 3/12/2018 COMBINES THE OLD ARTICLE I - NAME AND ARTICLE II - PURPOSE INTO AN AMENDED ARTICLE I WHICH DEFINES BOTH NAME AND PURPOSE AND ADDS A SECTION FOR CORPORATE OFFICES. REFERENCES TO THE VERNON KIMBROUGH LIBRARY, NOW CLOSED, HAVE BEEN REMOVED IN THE AMENDED BYLAWS: NEW ARTICLE I - CORPORATION SECTION 1.1. CORPORATE NAME. THE NAME OF THE CORPORATION IS RINGLING COLLEGE LIBRARY ASSOCIATION, INC. (THE "CORPORATION") A FLORIDA NOT-FOR-PROFIT CORPORATION. SECTION 1.2. CORPORATE OFFICES. THE CORPORATION SHALL HAVE AND CONTINUOUSLY MAINTAIN IN THIS STATE A REGISTERED OFFICE AND A REGISTERED AGENT WHOSE OFFICE ADDRESS IS IDENTICAL WITH SUCH REGISTERED OFFICE, AND MAY HAVE OTHER OFFICES WITHIN OR WITHOUT THE STATE OF FLORIDA AS THE BOARD OF DIRECTORS MAY FROM TIME-TO-TIME DETERMINE. SECTION 1.3.PURPOSE. THE PURPOSE FOR WHICH THE CORPORATION IS ORGANIZED ARE TO ADVANCE THE CAUSE OF EDUCATION AND ESTABLISH A MUTUALLY BENEFICIAL RELATIONSHIP BETWEEN THIS CORPORATION AND THE RINGLING COLLEGE OF ART AND DESIGN, AN EDUCATIONAL INSTITUTION IN THE CITY OF SARASOTA, COUNTY OF SARASOTA, STATE OF FLORIDA, OWNED AND OPERATED BY RINGLING COLLEGE OF ART AND DESIGN, INC., A FLORIDA CORPORATION NOT FOR PROFIT, BY ASSISTING SAID RINGLING COLLEGE OF ART AND DESIGN IN THE DEVELOPMENT AND SUSTAINING OF ITS LIBRARY AND IN THE FURTHERANCE OF THE EDUCATION PROGRAM OF SAID RINGLING COLLEGE OF ART AND DESIGN. PRIOR EXISTING BYLAWS DEFINED FOUR CLASSES OF MEMBERSHIP ACCORDING TO THE AMOUNT OF DUES PAID: FRIEND, SUPPORTER, PATRON, AND LIFETIME MEMBER. BYLAWS AMENDED 3/12/2018 REMOVES THESE FOUR CLASSES AND READS AS FOLLOWS: SECTION 2.1. MEMBERS. THE CORPORATION SHALL HAVE MEMBERS. THE MEMBERS SHALL CONSIST OF: A.THE MEMBERS OF THE BOARD OF DIRECTORS AS THAT BOARD SHALL FROM TIME-TO-TIME BE CONSTITUTED; AND B.ALL PERSONS WHO MEET THE QUALIFICATIONS FOR MEMBERSHIP SET FORTH IN THE RULES AND REGULATIONS ADOPTED BY THE BOARD OF DIRECTORS; AND C.SUCH PERSONS AS MAY BE ELECTED FROM TIME-TO-TIME BY THE BOARD AS HONORARY MEMBERS. NO MEMBER SHALL HAVE VOTING RIGHTS. THERE SHALL BE NO MEETINGS OF THE MEMBERSHIP. MEMBERS SHALL HAVE THE RIGHT TO ATTEND FUNCTIONS AND MEETINGS OF THE MEMBERSHIP PURSUANT TO SUCH RULES AND REGULATIONS AS MAY BE ADOPTED BY THE BOARD OF DIRECTORS, AND SUCH OTHER RIGHTS AND PRIVILEGES AS MAY BE DETERMINED FROM TIME-TO-TIME BY THE BOARD OF DIRECTORS. MEMBERSHIP IS HELD AT THE PLEASURE OF THE BOARD OF DIRECTORS AND A MEMBER MAY BE REMOVED WITH OR WITHOUT CAUSE. MEMBERSHIP MAY BE TERMINATED FOR ANY FINANCIAL REQUIREMENTS OF MEMBERSHIP, NONCOMPLIANCE WITH ANY NON-FINANCIAL REQUIREMENTS FOR MEMBERSHIP, OR FOR CAUSE. "CAUSE" SHALL BE DEFINED IN THE POLICIES ADOPTED BY THE BOARD OF DIRECTORS. PRIOR TO REMOVAL OF A MEMBER FOR CAUSE, THE BOARD SHALL GIVE THE MEMBER WRITTEN NOTICE OF THE CAUSE AND THE OPPORTUNITY TO BE HEARD IN ACCORDANCE WITH THE PROCEDURE APPROVED BY THE BOARD OF DIRECTORS. AMENDED ARTICLE III - BOARD OF DIRECTORS ESTABLISHES A MINIMUM MEMBERSHIP, STATING THAT THE BOARD OF DIRECTORS SHALL CONSIST OF NOT LESS THAN FIVE (5) AND NOT MORE THAN TWENTY FIVE (25) PERSONS. OLD ARTICLE VII - BOARD OF DIRECTORS ONLY ESTABLISHED THE TEWNTY FIVE-PERSON MAXIMUM. LIMITS REGARDING TERMS OF SERVICE ON THE BOARD OF DIRECTORS HAVE BEEN REVISED. OLD BYLAWS: BOARD MEMBERS SHALL BE ELECTED FOR A THREE (3) YEAR TERM AND MAY SERVE A TOTAL OF THREE (3) TERMS. THOSE TERMS DO NOT HAVE TO BE SERVED CONSECUTIVELY. AMENDED BYLAWS: EACH DIRECTOR, EXCEPT ONE APPOINTED TO FILL A VACANCY, SHALL BE ELECTED BY THE BOARD TO SERVE A THREE YEAR TERM OR UNTIL HIS OR HER SUCCESSOR SHALL BE ELECTED AND SHALL QUALIFY, OR UNTIL HIS OR HER EARLIER RESIGNATION, REMOVAL FROM OFFICE, OR DEATH. BEGINNING WITH NEW TERMS FOLLOWING JANUARY 1, 2018, NO MEMBER OF THE BOARD MAY SERVE FOR MORE THAN THREE (3) CONSECUTIVE THREE-YEAR TERMS. HOWEVER, IF THE PRESIDENT IS SERVING IN THE LAST YEAR OF THE TERM LIMIT PERIOD, THE PRESIDENT SHALL SERVE ON THE BOARD FOR ONE ( 1) ADDITIONAL YEAR. AMENDED ARTICLE V - MEETINGS OF THE BOARD ESTABLISHES A REQUIRED ANNUAL MEETING, AND A MINIMUM OF FOUR (4) ADDITIONAL MEETINGS PER FISCAL YEAR: SECTION 5.2. ANNUAL MEETING OF BOARD. THE ANNUAL MEETING OF THE BOARD OF DIRECTORS SHALL BE HELD DURING THE MONTH OF MAY, AT THE PRINCIPAL OFFICE OF THE CORPORATION, OR AT SUCH PLACE AS MAY BE DESIGNATED FROM TIME-TO-TIME BY THE BOARD OF DIRECTORS FOR THE PURPOSE OF ELECTING OFFICERS, ELECTING DIRECTORS, AND TRANSACTING SUCH OTHER BUSINESS AS SHALL BE DESIRABLE. SECTION 5.3. REGULAR MEETINGS OF THE BOARD. IN ADDITION TO THE ANNUAL MEETING DESCRIBED IN SECTION 5.2, THE BOARD OF DIRECTORS WILL HOLD REGULAR MEETINGS A MINIMUM OF FOUR (4) TIMES EACH FISCAL YEAR AT THE OFFICE OF THE CORPORATION OR AT SUCH OTHER LOCATION AS MAY BE DESIGNATED BY THE BOARD CHAIR. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE 990 IS PREPARED BY A CPA AND THEN REVIEWED THE EXECUTIVE DIRECTOR AND THE OUTSOURCED ACCOUNTANT WHO IS ALSO A CPA. |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICT OF INTEREST FORMS ARE SIGNED ANNUALLY BY MEMBERS. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE COMMITTEE WORKED WITH THE COMMUNITY FOUNDATION OF SARASOTA COUNTY AND THEIR STUDY ON NOT-FOR-PROFIT WAGES AT ORGANIZATIONS OF SIMILAR SIZE, BUDGET AND STAFF TO DETERMINE APPROPRIATE COMPENSATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. |
| FORM 990, PART XII, LINE 2C AUDIT REVIEW PROCESS | EXECUTIVE DIRECTOR, TREASURER, AND PRESIDENT, ASSUME OVERSIGHT. |