2015-11-09T15:04:40-06:00 2014-12-31 521711839 COUNCILOR BUCHANAN & MITCHELL PC 7910 WOODMONT AVENUE SUITE 500 BETHESDA MD 20814 990 2014-01-01 132991884 ASSOCIATION OF INTERNATIONAL PHOTOGRAPHY ART DEALERS INC ASSO 2023671158 2025 M STREET NW NO 800 WASHINGTON DC 20036 MEREDITH YOUNG EXECUTIVE DIRECTOR 2023671158 2015-10-30 1 DANIEL L WEAVER P01249346 3019860600 2015-10-30 2014 2016-03-07 17:11:31Z MEREDITH ROBERTSON 2025 M STREET NW NO 800 WASHINGTON DC 20036 2158345 0 X WWW.AIPAD.COM X 1979 NY DEDICATED TO CREATING AND MAINTAINING HIGH STANDARDS IN THE BUSINESS OF EXHIBITING, BUYING, AND SELLING PHOTOGRAPHS AS ART. 15 15 0 25 43253 0 0 0 2093633 2157199 1016 1146 3500 0 2098149 2158345 0 0 0 0 0 0 0 0 0 1992173 2105762 1992173 2105762 105976 52583 1593531 1621370 932713 907969 660818 713401 X THE ASSOCIATION OF INTERNATIONAL PHOTOGRAPHY ART DEALERS (AIPAD) WAS ORGANIZED IN 1979. WITH MEMBERS IN THE UNITED STATES, AUSTRALIA, CANADA, EUROPE AND JAPAN, THE ASSOCIATION HAS BECOME A UNIFYING FORCE IN THE FIELD OF PHOTOGRAPHY. AIPAD IS DEDICATED TO CREATING AND MAINTAINING HIGH STANDARDS IN THE BUSINESS OF EXHIBITING, BUYING AND SELLING PHOTOGRAPHS AS ART. 0 0 THE AIPAD PHOTOGRAPHY SHOW - THE SHOW, HELD IN NEW YORK CITY, IS AN ANNUAL FAIR BY AND FOR THE MEMBERS OF THE AIPAD. THE SHOW BROUGHT TOGETHER APPROXIMATELY 80% OF THE WORLD'S LEADING FINE ART PHOTOGRAPHY GALLERIES TO SHOWCASE A WIDE RANGE OF MUSEUM QUALITY WORK BY CONTEMPORARY, MODERN AND 19TH CENTURY MASTERS. IN ADDITIONAL TO THE SHOW, A GALA BENEFIT PREVIEW WAS HOSTED BY AIPAD. MEMBERSHIP DIRECTORY AND CATALOGUE - THE AIPAD CATALOGUE SHOWCASES AIPAD'S MEMBER GALLERIES, INCLUDING THEIR CONTACT INFORMATION, AREAS OF EXPERTISE, AND AN ALPHABETIZED INDEX OF PHOTOGRAPHERS WHO ARE REPRESENTED BY EACH GALLERY. THE CATALOGUE ALSO FEATURES VALUABLE BUSINESSES AND SERVICES RELATED TO THE FIELD OF PHOTOGRAPHY. PUBLIC RELATIONS - THE PUBLIC RELATIONS PROGRAM PROVIDES OUTREACH OPPORTUNITIES AND COMMUNICATIONS REGARDING THE MEDIA, PRESS, PUBLIC, AIPAD PROGRAMS, AND THE VALUE OF MEMBER SERVICES. 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 1 0 1 1 0 0 0 0 0 X 15 15 0 1 1 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY DC X SMITHBUCKLIN CORP 2023671158 2025 M STREET SUITE 800 WASHINGTON DC 20036 X CATHERINE EDELMAN PRESIDENT 5.00 X X 0 0 0 KRAIGE BLOCK FIRST VICE-PRESIDENT 5.00 X X 0 0 0 ROLAND BARON SECOND VICE-PRESIDENT 5.00 X X 0 0 0 SUSAN HERZIG TREASURER 5.00 X X 0 0 0 STEVEN KASHER SECRETARY 5.00 X X 0 0 0 STEPHEN BULGER DIRECTOR 2.00 X 0 0 0 ROBERT BURGE DIRECTOR 2.00 X 0 0 0 KIM BOURUS DIRECTOR 2.00 X 0 0 0 HENRY FELDSTEIN DIRECTOR 2.00 X 0 0 0 MISSY FINGER DIRECTOR 2.00 X 0 0 0 CHARLES HARTMAN DIRECTOR 2.00 X 0 0 0 JAMES HYMAN DIRECTOR 2.00 X 0 0 0 RICHARD MOORE DIRECTOR 2.00 X 0 0 0 ROBERT MORAT DIRECTOR 2.00 X 0 0 0 LISA SETTE DIRECTOR 2.00 X 0 0 0 ANNA WALKER SKILLMAN DIRECTOR 2.00 X 0 0 0 MEREDITH ROBERTSON EXECUTIVE DIRECTOR 20.00 X 0 0 0 0 0 0 0 0 0 0 SELECT CONTRACTING 240 VETERANS BLVD CARLSTADT NJ 07072 GENERAL CONTRACTOR FOR 2014 SHOW 509799 SMITHBUCKLIN CORPORATION 2025 M ST NW SUITE 800 WASHINGTON DC 20036 MGT SERVICES INCL.EMPLOYEE COSTS OVER AS 445977 HECKLER ELECTRIC COMPANY INC 10-29 44TH ROAD LONG ISLAND CITY NY 11101 ELECTRICAL SETUP FOR 2014 SHOW 114508 3 NEW YORK CITY SHOW 900099 1864415 1864415 MEMBERSHIP DUES 900099 238080 238080 MEMBERSHIP DIRECTORY & 541800 50804 7551 43253 NEW YORK CITY SHOW PAN 900099 3900 3900 2157199 1146 1146 2158345 2113946 43253 1146 229222 8149 29738 72940 92019 30395 8033 1626808 6100 MISCELLANEOUS 2358 2105762 324496 715118 927213 673280 6867 54095 334955 178877 1593531 1621370 6627 3232 926086 904737 932713 907969 X 660818 713401 660818 713401 1593531 1621370 52583 0 X X 0 1 X 1 0 0 1 0 0 X 2158345 0 2158345 0 2158345 2105762 0 2105762 0 2105762 PART X, LINE 2: AIPAD IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE LAW. THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, AIPAD MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF AIPAD AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS INCOME TAX (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH AN UNCERTAIN TAX POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS RELATED TO UNCERTAIN TAX POSITIONS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEARS ENDED DECEMBER 31, 2014 AND 2013. AIPAD'S POLICY WOULD BE TO RECOGNIZE INTEREST AND PENALTIES, IF ANY, ON TAX POSITIONS RELATED TO ITS UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IN THE FINANCIAL STATEMENTS. NO INTEREST AND PENALTIES WERE ASSESSED OR RECORDED DURING THE YEARS ENDED DECEMBER 31, 2014 AND 2013. FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT DUTIES CUSTOMARILY PERFORMED BY KEY EMPLOYEES WERE DELEGATED BY THE BOARD OF DIRECTORS TO THE MANAGEMENT COMPANY SMITHBUCKLIN. FORM 990, PART VI, SECTION A, LINE 4 THE BY-LAWS WERE CHANGED DURING 2014. SOME OF THE CHANGES WERE: - BOARD COMPOSITION REDUCED FROM 16 MEMBERS TO 11-13 MEMBERS - BOARD CYCLE WAS CHANGED FROM THE CALENDAR YEAR TO SHOW-TO-SHOW - EXECUTIVE COMMITTEE WAS MODIFIED TO INCLUDE: SECRETARY, TREASURER, PRESIDENT ELECT, PRESIDENT, AND PAST PRESIDENT - TERM FOR SECRETARY, TREASURER AND PAST PRESIDENT WERE REDUCED TO 1 YEAR FROM 2 YEARS - DIRECTOR SERVICE CANNOT EXCEED 4 CONSECUTIVE TERMS (8 YEARS) - AUTOMATICK SUCCESSION: PRESIDENT ELECT TO PRESIDENT TO PAST PRESIDENT - THE NOMINATION AND ELECTION PROCESS WAS ALSO CHANGED FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS ONE CLASS OF MEMBERSHIP. FOR EACH MEMBER, A SIGNIFICANT PART OF HIS, HER OR ITS PRINCIPAL BUSINESS HAS BEEN AND IS DEVOTED TO THE SALE AND PROMOTION OF FINE ART PHOTOGRAPHS WHICH MEET THE ASSOCIATION'S HIGH ARTISTIC STANDARDS. FORM 990, PART VI, SECTION A, LINE 7A ELECTION OF DIRECTORS AND OFFICERS SHALL TAKE PLACE ONCE EVERY YEAR PRIOR TO THE ANNUAL MEETING OF MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED AND EDITED BY THE EXECUTIVE DIRECTOR, AND THEN A COPY IS SENT TO EVERY BOARD MEMBER TO REVIEW PRIOR TO FILING WITH THE IRS. ONCE IT IS REVIEWED BY THE BOARD, IT IS SIGNED BY THE EXECUTIVE DIRECTOR AND SUBMITTED. FORM 990, PART VI, SECTION B, LINE 12C AIPAD'S BOARD MEMBERS MUST ACKNOWLEDGE AND AGREE TO ALL TERMS AND CONDITIONS OF THE CONFLICT OF INTEREST POLICY. THEY MUST DISCLOSE ANY ACTUAL, POTENTIAL, OR APPARENT CONFLICT OF INTEREST TO THE BOARD OR COMMITTEE TO WHICH THEY SERVE AND MUST REFRAIN FROM ACTING OR DEBATING ON ANY ACTION OR DECISION IN WHICH THE PERSONAL OR FINANCIAL INTEREST OF A BOARD MEMBER CONFLICT WITH THE OBJECTIVES AND PURPOSE OF AIPAD. ANY PERCEIVED CONFLICT OF INTEREST WILL BE INVESTIGATED BY THE BOARD IMMEDIATELY TO DETERMINE ITS VALIDITY. FORM 990, PART VI, SECTION C, LINE 19 AIPAD MAKES GOVERNING DOCUMENTS AVAILABLE ONLINE BY ACCESSING AIPAD'S WEBSITE. THE ORGANIZATION ALSO MAKES ITS CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST IN AIPAD'S OFFICES.