2016-05-16T11:01:45-05:00 2015-06-30 010720052 MORRISON BROWN ARGIZ & FARRA LLC 1450 BRICKELL AVENUE 18TH FLOOR MIAMI FL 33131 990 2014-07-01 592141837 NATIONAL FOUNDATION FOR ADVANCEMENT IN THE ARTS INC NATI 3053771140 2100 BISCAYNE BLVD MIAMI FL 33137 CLAUDETTE DONLON INTERIM COO 3053771140 2016-05-13 1 DAVID HOLLANDER P00646430 3053735500 2014 2016-08-17 19:52:53Z YOUNGARTS CLAUDETTE DONLON 2100 BISCAYNE BLVD MIAMI FL 33137 39937312 0 X WWW.YOUNGARTS.ORG X 1981 FL IDENTIFY AND ASSIST EMERGING ARTISTS 19 19 48 25 0 0 13380447 12593801 276841 103400 2464628 2012321 125323 -229750 16247239 14479772 1458916 18702558 0 0 3591461 4080795 0 0 1195556 9494873 8564752 14545250 31348105 1701989 -16868333 71918614 46850088 10418642 3467928 61499972 43382160 X THE MISSION OF THE NATIONAL FOUNDATION FOR ADVANCEMENT IN THE ARTS IS TO IDENTIFY EMERGING ARTISTS AND ASSIST THEM AT CRITICAL JUNCTURES IN THEIR EDUCATIONAL AND PROFESSIONAL DEVELOPMENT, AND TO RAISE THE APPRECIATION FOR, AND SUPPORT OF, THE ARTS IN AMERICAN SOCIETY. 0 0 2798997 1421875 55619 YOUNGARTS IS NFAA'S CORE PROGRAM. IT PROVIDES RECOGNITION AND AWARDS TO YOUNG ARTISTS ACROSS THE COUNTRY. NFAA IS THE ONLY ORGANIZATION THAT ENCOURAGES AND RECOGNIZES ARTISTIC EXCELLENCE IN THE LITERARY, VISUAL AND PERFORMING ARTS, INCLUDING DANCE, CINEMATIC ARTS, JAZZ, MUSIC, PHOTOGRAPHY, THEATER,VISUAL ARTS, VOICE, AND CREATIVE WRITING. EACH YEAR, APPROXIMATELY 10,000 STUDENTS REGISTER FOR THE YOUNGARTS PROGRAM AND APPROXIMATELY 800 STUDENTS RECEIVE CASH AWARDS. 1251077 YOUNGARTS "EDUCATIONAL INITIATIVE" INCLUDES EFFORTS EXPENDED TO IMPROVE THE EDUCATIONAL IMPACT OF THE YOUNGARTS PROGRAM, INCLUDING CONDUCTING AND/OR PRODUCING EDUCATIONAL TOOLS, CLASSES, AND WORKSHOPS USED IN PUBLIC SCHOOLS ACROSS THE COUNTRY AT NO COST TO SCHOOLS AS WELL AS EFFORTS TOWARD INCREASING SCHOLARSHIP OPPORTUNITIES FOR YOUNG ARTISTS VIA CONNECTING TALENTED YOUNG ARTISTS WITH COLLEGES AND CONSERVATORIES SEEKING SUCH TALENT. 332442 189131 EACH YEAR, 20 YOUNGARTS FINALISTS ARE NAMED PRESIDENTIAL SCHOLARS IN THE ARTS. AT THE REQUEST OF THE COMMISSION ON PRESIDENTIAL SCHOLARS, WHICH IS APPOINTED BY THE PRESIDENT OF THE UNITED STATES, THE NATIONAL FOUNDATION FOR ADVANCEMENT IN THE ARTS, THROUGH ITS YOUNGARTS PROGRAM SERVES AS THE EXCLUSIVE NOMINATING AGENCY FOR PRESIDENTIAL SCHOLARS IN THE ARTS. PARTICIPANTS IN THE YOUNGARTS PROGRAM ARE THE ONLY STUDENTS ELIGIBLE TO RECEIVE THE DESIGNATION OF PRESIDENTIAL SCHOLARS IN THE ARTS (PSA), BASED ON THEIR ARTISTIC AND ACADEMIC ACHIEVEMENTS. BEING NAMED A PRESIDENTIAL SCHOLAR IS THE HIGHEST SCHOLASTIC HONOR AVAILABLE TO GRADUATING HIGH SCHOOL SENIORS. EACH YEAR, A GROUP OF 60 PSA NOMINEES ARE SELECTED FROM THE 170 YOUNGARTS FINALISTS. FROM THESE STUDENTS, 20 WINNERS ARE CHOSEN BY THE COMMISSION ON PRESIDENTIAL SCHOLARS AND NAMED PRESIDENTIAL SCHOLARS IN THE ARTS, ALONGSIDE 120 ACADEMIC SCHOLARS AT A WHITE HOUSE CEREMONY. IN ADDITION TO THIS ONCE-IN-A-LIFETIME HONOR, THE VISUAL ARTISTS, PHOTOGRAPHERS AND WRITERS PRESENT THEIR WORK IN AN EXHIBITION AT THE SMITHSONIAN MUSEUM, AND THE PERFORMING ARTISTS PERFORM AT THE JOHN F. KENNEDY CENTER FOR THE PERFORMING ARTS; TRULY A LIFE CHANGING EXPERIENCE FOR ANY YOUNG ARTIST. 19250619 17280683 19900 DURING THE YEAR THE ORGANIZATION SOLD THE NET BOOK VALUE OF ITS PROPERTY AND EQUIPMENT TO A RELATED PARTY. 4999000 24249619 17280683 19900 28632135 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 1 378 0 48 1 0 0 0 0 0 1 1 0 0 0 0 X 19 19 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 FL X J MICHAEL DELGADO 3053771140 2100 BISCAYNE BOULEVARD MIAMI FL 33137 ARMANDO M CODINA TRUSTEE 1.00 X 0 0 0 DR RONALD C MCCURDY TRUSTEE 1.00 X 0 0 0 DR EDUARDO J PADRON TRUSTEE 1.00 X 0 0 0 DESMOND RICHARDSON TRUSTEE 1.00 X 0 0 0 MAURICE ZARMATI TRUSTEE 1.00 X 0 0 0 HUGH S BEAU CUMMINS III TRUSTEE 1.00 X 0 0 0 RICHARD KOHAN TRUSTEE 5.00 0.50 X 0 0 0 JOHN J O'NEIL TRUSTEE 1.00 X 0 0 0 PLACIDO DOMINGO TRUSTEE 1.00 X 0 0 0 ZUZANA SZADKOWSKI TRUSTEE 1.00 X 0 0 0 MARCUS SHERIDAN TRUSTEE 1.00 X X 0 0 0 JOHN J KAUFMAN TRUSTEE 1.00 X 0 0 0 SARAH ARISON TRUSTEE 1.00 X 0 0 0 LINDA COLL TRUSTEE 1.00 X 0 0 0 BRIAN CULLINAN TRUSTEE 1.00 X 0 0 0 JUSTIN DICIOCCIO TRUSTEE 1.00 X 0 0 0 AGNES GUND TRUSTEE 1.00 X 0 0 0 HARRY HERSH TRUSTEE 1.00 X 0 0 0 WILLIAM MORRISON TRUSTEE 1.00 X 0 0 0 FACUNDO BACARDI TRUSTEE (PARTIAL YEAR) 1.00 X 0 0 0 PATTY CARROL TRUSTEE (PARTIAL YEAR) 1.00 X 0 0 0 MERYL COMER TRUSTEE (PARTIAL YEAR) 1.00 X 0 0 0 JOHN HENRY TRUSTEE (PARTIAL YEAR) 1.00 X 0 0 0 SANDRA MUSS TRUSTEE (PARTIAL YEAR) 1.00 X 0 0 0 CHRISTY POWELL TRUSTEE (PARTIAL YEAR) 1.00 X 0 0 0 MAX SCHNEIDER TRUSTEE (PARTIAL YEAR) 1.00 X 0 0 0 PAUL T LEHR PRESIDENT THROUGH 5/1/2015 40.00 X 480999 0 17500 JOSEPH GUTIERREZ VP OF OPERATIONS THROUGH 5/1/2015 40.00 X 285999 0 14300 LISA LEONE VP OF PROGRAMS 40.00 X 195999 0 9800 DALE WEBB VP OF DEVELOPMENT 40.00 X 190999 0 0 VANESSA LEITMAN VP OF EXTERNAL RELATIONS 40.00 X 158755 0 0 LENA MAKURATH SR. DIRECTOR OF INDIVIDUAL GIVING 40.00 X 116098 0 5805 AMY ROSENBERG DIRECTOR OF ANNUAL GIVING 40.00 X 123402 0 4109 1552251 0 51514 10 0 1 0 PARATUS GROUP II INC 568 BROADWAY SUITE 602 NEW YORK NY 10012 CONSTRUCTION MANAGEMENT 821322 MARRIOTT BUSINESS SERVICES PO BOX 403003 ATLANTA GA 30384 LODGING AND CATERING 582374 PLAZA CONSTRUCTION 120 NE 27TH ST 600 MIAMI FL 33137 CONSTRUCTION 475206 STA ARCHITECTURAL GROUP 3526 NORTH MIAMI AVE MIAMI FL 33127 ARCHITECTS 305699 GEHRY PARTNERS 12541 BEATRICE STREET LOS ANGELES CA 90066 ARCHITECTS 254352 21 1446451 261904 10885446 12593801 APPLICATION FEES 711190 55619 55619 FACILITIES RENTAL AND TICKET SALE 711190 47781 47781 103400 1350368 1350368 161250 0 161250 161250 161250 712243 24852690 50290 24852690 661953 0 661953 661953 163560 1446451 554560 -391000 -391000 14479772 264650 0 1621321 17280683 17280683 1421875 1421875 526943 313166 110658 103119 2964907 1766781 607597 590529 75368 53622 10719 11027 270521 200996 8359 61166 243056 145957 40223 56876 32000 32000 163010 163010 1106990 1064892 42098 138924 138924 91114 70207 13938 6969 71832 71832 1079586 839226 166175 74185 649583 528944 90542 30097 24027 19222 2162 2643 326161 260929 29354 35878 PROGRAM PRODUCTION 1572000 1572000 ARTS EDUCATION 1109297 1109297 MATERIALS AND SUPPLIES 244175 223106 21069 1956053 1550476 182510 223067 31348105 28632135 1520414 1195556 345190 22614 6500 149800 126951 106530 205313 288676 613441 337129 22689864 276312 37239224 36810565 9192872 7087943 2112700 2107648 71918614 46850088 1703213 935428 2500 5544873 530000 3170556 2000000 10418642 3467928 X 17250437 1438908 32422740 30121509 11826795 11821743 61499972 43382160 71918614 46850088 -16868333 -1249479 0 X X 0 1 X 1 0 X 45529067 6899677 14339706 13380447 12593801 92742698 45529067 6899677 14339706 13380447 12593801 92742698 75997792 16744906 526720 1333619 1264572 1209103 1350368 5684382 98427080 1182969 0.17010 0.16400 X NFAA HAS RECEIVED SEVERAL LARGE DONATIONS THAT, WHEN COMBINED, CAUSED IT TO FALL BELOW THE ONE-THIRD MEASUREMENT OF BROAD PUBLIC SUPPORT. THE ORGANIZATION WAS AND REMAINS COMMITTED TO REPRESENTING AND SERVING THE BROAD GENERAL PUBLIC THROUGH ITS PROGRAMS TO SOLICIT PUBLIC FUNDS, COMMUNITY-BASED GOVERNING BODY, AND PROVISION OF FACILITIES AND SERVICES FOR THE BENEFIT OF THE PUBLIC.NFAA HAS A SIGNIFICANT AND HIGHLY VISIBLE CHARITABLE PRESENCE ACROSS THE COUNTRY THROUGH ALL OF ITS EDUCATION, ARTS PROMOTION, AND OTHER ACTIVITIES, INCLUDING THROUGH ITS MASTERCLASS, FILM SERIES AND STUDY GUIDE AND PARTICIPATION IN THE U.S. PRESIDENTIAL SCHOLARS IN THE ARTS PROGRAM. THE ORGANIZATION IS THE ONLY NATIONAL ORGANIZATION THAT EDUCATES, RECOGNIZES AND SUPPORTS EMERGING YOUNG ARTISTS IN TEN DISCIPLINES IN THE VISUAL, LITERARY AND PERFORMING AND DESIGN ARTS. EACH YEAR THE ORGANIZATION SPONSORS PUBLIC DISPLAYS AND EXHIBITIONS OF THE WORKS OF THE YEAR'S WINNERS, INCLUDING BUT NOT LIMITED TO, RECIPIENTS OF THE U.S. PRESIDENTIAL SCHOLARS IN THE ARTS, AND SUPPORTS MANY PUBLIC PERFORMANCES BY THE RECIPIENTS OF THE AWARDS, WHICH ARE OPEN TO THE PUBLIC. NFAA'S GOVERNING BODY IS COMPRISED OF 19 INDIVIDUALS WITH DIVERGENT AND CIVIC-MINDED BACKGROUNDS AND WHO REPRESENT A WIDE ARRAY OF COMMUNITY AND PUBLIC INTERESTS, INCLUDING THE ARTS AND PHILANTHROPIC COMMUNITIES. ALL OF THE ORGANIZATION'S BOARD MEMBERS ARE "INDEPENDENT VOTING MEMBERS" AS DEFINED BY THE FORM 990 REPORTING INSTRUCTIONS.NFAA CONTINUES TO MAINTAIN AN ACTIVE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC AND EACH YEAR RECEIVES DONATIONS FROM A VARIETY OF SOURCES, INCLUDING PUBLIC AND PRIVATE DONORS AS WELL AS GOVERNMENT GRANTS. THE ORGANIZATION RELIES GREATLY ON THE CONTRIBUTIONS OF GENEROUS INDIVIDUALS, CORPORATIONS, FOUNDATIONS, AND PHILANTHROPIC INSTITUTIONS. NFAA MAINTAINS A DEVELOPMENT DEPARTMENT AND ITS LONG-STANDING FUNDRAISING EFFORTS HAVE INCLUDED FUNDRAISING THROUGH TELEPHONE, MAIL, INTERNET SOLICITATIONS, AND FUNDRAISING EVENTS. THE ORGANIZATION'S ANNUAL "BACKYARD BALL" PERFORMANCE AND GALA IS RECOGNIZED AS A SIGNIFICANT PHILANTHROPIC EVENT, AND OVER THE YEARS HAS BROUGHT ART ENTHUSIASTS TOGETHER AND SHOWCASED YOUNG ARTISTS' ACHIEVEMENTS IN ALL FORMS OF ART. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X EDUCATION 0 46432096 -661456 1872132 43898508 44200505 4645443 2413852 46432096 52681002 52681002 53516069 427541 1262608 52681002 13372116 39499025 1123988 479060 53516069 0.33000 0.23000 0.44000 0 0 613441 337129 276312 276312 ALTERNATIVE INVESTMENTS 7087943 F 7087943 ARTWORK PLEDGED TO THIRD PARTIES 2000000 2000000 X PART III, LINE 4: THE FOUNDATION HAS A COLLECTION OF ART CREATED BY SEVERAL OF OUR MASTER TEACHERS AND IS ON DISPLAY AT APPROPRIATE TIMES. PART V, LINE 4: THE FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF INCOME TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. PART X, LINE 2: THE FOUNDATION RECOGNIZES AND MEASURES TAX POSITIONS BASED ON THEIR TECHNICAL MERIT AND ASSESSES THE LIKELIHOOD THAT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. INTEREST AND PENALTIES ON TAX LIABILITIES, IF ANY, WOULD BE RECORDED IN INTEREST EXPENSE AND OTHER NON-INTEREST EXPENSE, RESPECTIVELY. GALA 1610011 1446451 163560 118218 436342 1610011 1446451 163560 118218 436342 554560 -391000 1 NATIONAL YOUNGARTS FOUNDATION SUPPORTING ORGANIZATION 2100 BISCAYNE BOULEVARD MIAMI FL 33137 455508211 501(C)(3) 0 17280683 BOOK REAL PROPERTY TO ASSIST IN FULFILLING THE FOUNDATION'S MISSION. 1 YOUNGARTS FINALISTS, HONORABLE MENTION AND MERIT AWARDS 785 1421875 0 CASH PART I, LINE 2: CASH AWARDS ARE ISSUED TO YOUNG ARTISTS BASED ON MERIT AS DETERMINED BY OUR ESTEEMED JUDGES. THE AWARDS LISTED IN PART III REPRESENT THE MOST TALENTED OF OUR YOUNG ARTISTS. YOUNGARTS AWARDED APPROXIMATELY $1.4 MILLION TO NEARLY 800 OTHER WINNERS WHO EACH RECEIVED CASH AWARDS BETWEEN $250 AND $10,000. X X X X X X 0 0 0 0 0 0 0 0 0 PAUL T LEHR PRESIDENT THROUGH 5/1/2015 480999 0 0 0 0 0 17500 0 0 0 498499 0 0 0 JOSEPH GUTIERREZ VP OF OPERATIONS THROUGH 5/1/2015 285999 0 0 0 0 0 14300 0 0 0 300299 0 0 0 LISA LEONE VP OF PROGRAMS 195999 0 0 0 0 0 9800 0 0 0 205799 0 0 0 DALE WEBB VP OF DEVELOPMENT 190999 0 0 0 0 0 0 0 0 0 190999 0 0 0 VANESSA LEITMAN VP OF EXTERNAL RELATIONS 158755 0 0 0 0 0 0 0 0 0 158755 0 0 0 NATIONAL YOUNGARTS FOUNDATION CAMPUS, LLC (AND THE ASSETS THERETO) 2015-06-30 33200000 SOLD AT BARGAIN SALE 455508211 NATIONAL YOUNGARTS FOUNDATION SUPPORTING ORGANIZATION 2100 BISCAYNE BOULEVARD MIAMI FL 33137 501C3 1 0 0 0 PART II, LINE 2E: PERSON(S) INVOLVED: HARRY HERSHJOHN O'NEILDR. EDUARDO PADRONSARAH ARISON PART II, LINE 2E: EXPLANATION OF INVOLVEMENT: MR. HERSH SERVES AS A TRUSTEE OF THE NATIONAL YOUNGARTS FOUNDATION SUPPORTING ORGANIZATION.MR. O'NEIL SERVES AS A TRUSTEE OF THE NATIONAL YOUNGARTS FOUNDATION SUPPORTING ORGANIZATION.DR. PADRON SERVES AS A TRUSTEE OF THE NATIONAL YOUNGARTS FOUNDATION SUPPORTING ORGANIZATION.MS. ARISON SERVES AS A TRUSTEE OF THE NATIONAL YOUNGARTS FOUNDATION SUPPORTING ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 2 ONE MEMBER OF THE BOARD OF TRUSTEES IS A PARTNER AT PRICEWATERHOUSECOOPERS LLP ("PWC"). PWC IS THE AUDIT FIRM FOR THE LAW FIRM, PAUL, WEISS, RIFKIND, WHARTON & GARRISON ("PAUL WEISS"). ANOTHER MEMBER OF THE BOARD OF TRUSTEES IS A SENIOR PARTNER AT PAUL WEISS. TWO MEMBERS OF THE BOARD OF TRUSTEES, HARRY HERSH AND SARAH ARISON, HAVE AN UNCLE AND NIECE RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11 THE CHAIRMAN OF THE BOARD OF DIRECTORS AND CONSULTANTS FROM PRICEWATERHOUSECOOPERS REVIEW THE FORM 990 PRIOR TO FULL BOARD REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION'S CONFLICT OF INTEREST POLICY APPLIES TO EMPLOYEES AND IS INCLUDED IN THE EMPLOYEE HANDBOOK. ALL EMPLOYEES ACKNOWLEDGE THEIR UNDERSTANDING OF THE POLICY. THE CEO REITERATES THE POLICY AS DEEMED NECESSARY. THE CEO DETERMINES WHETHER A CONFLICT EXISTS AND REVIEWS THE CONFLICT. IF A CONFLICT EXISTS, RESTRICTIONS INCLUDE PROHIBITING THE EMPLOYEE FROM PARTICIPATING AND TERMINATION, IF NECESSARY. FORM 990, PART VI, SECTION B, LINE 15A THE FINANCE/INVESTMENT COMMITTEE APPROVES THE FOUNDATION'S BUDGET. MANAGEMENT IS CHARGED WITH APPROVING SALARIES AND BENEFITS EXCEPT FOR THE PRESIDENT AND CEO'S. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 2C THE FOUNDATION'S INDEPENDENT ACCOUNTANTS PERFORM AN ANNUAL AUDIT. THE AUDIT COMMITTEE REVIEWS AND RECOMMENDS THE AUDITED FINANCIAL STATEMENTS FOR APPROVAL BY THE FULL BOARD OF DIRECTORS. THE FULL BOARD OF DIRECTORS APPROVES THE FINANCIAL STATEMENTS. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. NATIONAL YOUNGARTS FOUNDATION SUPPORTING ORGANIZATION INC C/O AFO LLC 2100 BISCAYNE BOULEVARD MIAMI FL 33137 455508211 FUNDRAISING FL 501(C)(3) LINE 11A, I YOUNGARTS 1 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 NATIONAL YOUNGARTS FOUNDATION SUPPORTING ORGANIZATION INC G 7324397 CASH NATIONAL YOUNGARTS FOUNDATION SUPPORTING ORGANIZATION INC G 25875603 FMV