2018-12-21T10:45:46-06:00 2018-05-31 591753337 KERKERING BARBERIO & CO PO BOX 49348 SARASOTA FL 342306348 990 2017-06-01 510173628 RINGLING COLLEGE LIBRARY ASSOCIATION INC RING 9413095100 PO BOX 4071 SARASOTA FL 34230 STEPHANIE GROSSKREUTZ EXECUTIVE DIRECTOR 9413095100 2018-11-30 1 REBECCA U STONER P00585910 9413654617 71.101.221.218 2018-11-30 13:55:57 ES P 1DDA76E780E419B43F0AC8CCF8703AACD10E77E2 262576631B761DD032A50EB4523BB6276368EFF7 2017 2019-02-21 02:37:17Z X STEPHANIE GROSSKREUTZ PO BOX 4071 SARASOTA FL 34230 2010066 0 X WWW.RCLASSOCIATION.ORG X 1975 FL 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. 17 17 2 38 0 0 675583 559932 0 0 422 6904 629358 579560 1305363 1146396 186686 83776 0 0 162174 166799 0 0 0 114342 103666 463202 354241 842161 792155 2205638 3026540 1462601 1491348 743037 1535192 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. 0 0 83776 83776 LIBRARY BOOK AND CAPITAL CAMPAIGN FUNDING FOR THE RINGLING COLLEGE OF ART AND DESIGN. THESE FUNDS WERE NOT RESTRICTED. 146790 0 23948 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. 230566 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 2 1 0 0 0 0 0 1 1 0 0 0 0 X 17 17 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X X STEPHANIE GROSSKREUTZ 9413095100 P O BOX 4071 SARASOTA FL 34230 ERIN HOPE CHRISTY DIRECTOR - SCHOLARSHIP 1.00 X 0 0 0 PATRICK DUGGAN MEMBER-AT-LARGE 1.00 X 0 0 0 MICHAEL FORSON MEMBER-AT-LARGE 1.00 X 0 0 0 KATHLEEN FRANCE RCLA PRESENTS 1.00 X 0 0 0 SUSAN GROSS MEMBER-AT-LARGE 1.00 X 0 0 0 ASHLEY HAWKINS MEMBER-AT-LARGE 1.00 X 0 0 0 MITZIE HENSON TOWN HALL CHAIR 2019 1.00 X 0 0 0 JENNIFER HUBER MEMBER-AT-LARGE 1.00 X 0 0 0 OLLIE JOHNSON MEMBER-AT-LARGE 1.00 X 0 0 0 CATHY LAYTON MEMBER-AT-LARGE 1.00 X 0 0 0 EMILY WALSH TOWN HALL CHAIR 2018 5.00 X 0 0 0 LINDA WHITACRE MEMBER-AT-LARGE 1.00 X 0 0 0 RENEE EPPARD IMMEDIATE PAST PRESIDENT 1.00 X 0 0 0 BECKY MAHONEY PRESIDENT 1.00 X X 0 0 0 JAY LOGAN PRESIDENT ELECT 1.00 X X 0 0 0 CINDY STUHLEY VICE PRESIDENT 1.00 X X 0 0 0 JIM ROQUE TREASURER 10.00 X X 0 0 0 LESLIE LOFTUS RECORDING SECRETARY 1.00 X X 0 0 0 CHRIS CREMER CORRESPONDING SECRETARY 1.00 X X 0 0 0 STEPHANIE GROSSKREUTZ EXECUTIVE DIRECTOR 40.00 X 96817 0 11178 96817 0 11178 0 0 0 0 VAN WEZEL PERFORMING ARTS HALL 777 N TAMIAMI TRAIL SARASOTA FL 34236 HALL RENTAL 191090 GREATER TALENT NETWORK 437 5TH AVENUE NEW YORK NY 10016 SPEAKER FEES 128000 WASHINGTON SPEAKERS BUREAU 1663 PRINCE ST ALEXANDRIA VA 22314 SPEAKER FEES 109000 3 236345 313787 9800 559932 6904 6904 1418723 313787 863670 555053 555053 ART LECTURE 900099 23948 23948 MISCELLANEOUS 900099 559 559 24507 1146396 23948 0 562516 83776 83776 108166 60514 47652 47592 47592 11041 8281 2760 25240 25240 612 612 4522 435 4087 10417 352 10065 10203 10203 10440 5220 5220 1483 1483 1545 1545 5639 5639 ART LECTURE 21290 21290 BANK CHARGES 6227 6227 PRESIDENTS FUND 3117 2494 623 MEALS & ENTERTAINMENT 1603 1603 1328 1328 354241 230566 123675 0 757524 803775 1276160 1744537 2792 167637 472664 6279 3507 4317 2772 2205638 3026540 10448 3235 380268 628113 1071885 860000 1462601 1491348 X 743037 1535192 743037 1535192 2205638 3026540 792155 0 X X 0 1 X 1 0 X 417493 337042 634123 675583 559932 2624173 417493 337042 634123 675583 559932 2624173 112441 2511732 545 545 659 971 6904 9624 7864 5480 3451 7540 24507 48842 2682639 7294231 0.93630 0.93490 X 6279 3507 2772 2772 NONREFUNDABLE FEES 410000 LONG-TERM PLEDGE TO RINGLING COLLEGE OF ART & DESIGN 450000 860000 X 2010066 863670 863670 1146396 0 1146396 1217911 863670 863670 354241 0 354241 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. TOWN HALL LECTURE SERIES 1732510 313787 1418723 208906 654764 1732510 313787 1418723 208906 654764 863670 555053 1 RINGLING COLLEGE OF ART AND DESIGN 2700 NORTH TAMIAMI TRAIL SARASOTA FL 34234 590637903 501(C)(3) 83776 LIBRARY AND LIBRARY CONSTRUCTION AND MATERIALS 1 PART I, LINE 2: ORGANIZATION REGULARLY MONITORS THE GRANTS MADE TO RINGLING COLLEGE OF ART & DESIGN. THIS IS THE ONLY ORGANIZATION RECEIVING GRANTS. 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.