2015-08-15T14:51:05-05:00 2014-09-30 952302617 SINGERLEWAK LLP 10960 WILSHIRE BLVD STE 700 LOS ANGELES CA 900243783 990 2013-10-01 951696734 LOS ANGELES PHILHARMONIC ASSOCIATION LOSA 2139727300 151 SOUTH GRAND AVE LOS ANGELES CA 90012 MICHAEL DEMARTINI VP & CFO 2139727300 2015-07-24 1 LIOR TEMKIN P00748170 3104773924 2015-07-24 2013 2016-04-25 22:37:26Z MICHAEL DEMARTINI 151 SOUTH GRAND AVE LOS ANGELES CA 90012 148179285 0 X WWW.LAPHIL.ORG X 1934 CA THE MISSION OF THE LOS ANGELES PHILHARMONIC ASSOCIATION IS TO PERFORM, PRESENT, AND PROMOTE MUSIC IN ITS MANY VARIED FORMS AT THE HIGHEST LEVEL OF EXCELLENCE TO A LARGE AND DIVERSE AUDIENCE. 53 53 2067 1124 30150 0 35264008 50982116 78154322 86603852 11898742 8332090 -478004 -388946 124839068 145529112 0 0 0 0 56992289 59733164 449461 485373 6623240 52877633 57595092 110319383 117813629 14519685 27715483 226411401 262575501 40423961 38925898 185987440 223649603 X THE MISSION OF THE LOS ANGELES PHILHARMONIC ASSOCIATION IS TO PERFORM, PRESENT, AND PROMOTE MUSIC IN ITS MANY VARIED FORMS AT THE HIGHEST LEVEL OF EXCELLENCE TO A LARGE AND DIVERSE AUDIENCE. 0 0 39749113 41888856 ORCHESTRAL PERFORMANCE:# OF TICKETS: 559,111 14687346 24938197 NON-ORCHESTRAL PERFORMANCES:# OF TICKETS: 422,135 3492167 1682436 TOUR CONCERTS, NEIGHBORHOOD CONCERTS AND RUN-OUTS:# OF TOURS: 14,353# OF RUN-OUTS: 4,384 42675440 18296576 CONCERTS BY OTHER PRESENTERS, RECORDING/ROYALTIES AND OTHER MISCELLANEOUS PROGRAM SERVICES. 42675440 18296576 100604066 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 491 0 1 2067 1 1 1 0 0 0 0 1 1 0 0 0 0 X 53 53 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA X X MICHAEL DEMARTINI VP & CFO 2139727300 151 S GRAND AVE LOS ANGELES CA 900123034 JULIE ANDREWS DIRECTOR 1.00 X 0 0 0 WALLIS ANNENBERG DIRECTOR 1.00 X 0 0 0 DAVID N BARRY III DIRECTOR 1.00 X 0 0 0 DAVID C BOHNETT VICE CHAIR, EXECUTIVE 5.00 X 0 0 0 LYNN A BOOTH DIRECTOR 1.00 X 0 0 0 LINDA P BRITTAN DIRECTOR 1.00 X 0 0 0 ANTHON S CANNON JR DIRECTOR 1.00 X 0 0 0 ADRIANA CISNEROS DIRECTOR 1.00 X 0 0 0 MARK HOUSTON DALZELL DIRECTOR 1.00 X 0 0 0 MARI L DANIHEL DIRECTOR 1.00 X 0 0 0 KELVIN L DAVIS DIRECTOR 1.00 X 0 0 0 DONALD P DE BRIER CHAIR, AUDIT COMMITTEE 1.00 X 0 0 0 KENNETH M DORAN DIRECTOR 1.00 X 0 0 0 JERROLD L EBERHARDT VICE CHAIR, EXECUTIVE 1.00 X 0 0 0 LOUISE D EDGERTON VICE CHAIR, EDUCATION & COMMUNITY 1.00 X 0 0 0 JANE B EISNER CHAIR, GOVERNANCE 1.00 X 0 0 0 GISELLE FERNANDEZ DIRECTOR (UNTIL 7/14) 1.00 X 0 0 0 LAWRENCE N FIELD DIRECTOR 1.00 X 0 0 0 TIMOTHY F GALLAGHER VICE CHAIR, STRATEGIC PLAN 1.00 X 0 0 0 SHERI GILL CHAIR, AFFILIATES 1.00 X 0 0 0 DAVID I GINDLER CHAIR, DEVELOPMENT 1.00 X 0 0 0 CECILIA AGUILERA GLASSMAN DIRECTOR 1.00 X 0 0 0 DONNA GOTCH PSHA PRESIDENT (UNTIL 9/29/14) 1.00 X 0 0 0 LENORE S GREENBERG DIRECTOR 1.00 X 0 0 0 CAROL COLBURN GRIGOR DIRECTOR 1.00 X 0 0 0 PIERRE HABIS DIRECTOR (FROM 3/5/14) 1.00 X 0 0 0 TEENA HOSTOVICH DIRECTOR 1.00 X 0 0 0 JOHN F HOTCHKIS DIRECTOR 1.00 X 0 0 0 JONATHAN KAGAN CO-CHAIR, BD OF OVERSEER (FROM 5/14) 1.00 X 0 0 0 KENNETH KAMINS DIRECTOR (FROM 3/5/14) 1.00 X 0 0 0 DARIOUSH KHALEDI DIRECTOR 1.00 X 0 0 0 RONALD LITZINGER DIRECTOR 1.00 X 0 0 0 KEVIN MACCARTHY DIRECTOR (FROM 5/15/14) 1.00 X 0 0 0 JOHN V MALLORY CHAIR, FINANCE & INVESTMENT 1.00 X 0 0 0 GINNY MANCINI VICE CHAIR, EXECUTIVE (UNTIL 12/13) 1.00 X 0 0 0 MAURICE MARCIANO DIRECTOR (UNTIL 11/13) 1.00 X 0 0 0 VICKI MCCLUGGAGE VICE CHAIR, EXECUTIVE (UNTIL 9/14) 1.00 X 0 0 0 BOWEN H MCCOY DIRECTOR 1.00 X 0 0 0 YOUNES NAZARIAN DIRECTOR 1.00 X 0 0 0 LEITH O'LEARY DIRECTOR 1.00 X 0 0 0 DIANE B PAUL CHAIR, EXECUTIVE 1.00 X 0 0 0 WILLIAM C POWERS CHAIR, HOLLYWOOD BOWL 1.00 X 0 0 0 DR BARRY D PRESSMAN MD DIRECTOR 1.00 X 0 0 0 JAY RASULO CHAIR, MARKETING & VICE CHAIR, EXEC. 1.00 X 0 0 0 DUDLEY A RAUCH CHAIR, PENSION 1.00 X 0 0 0 ANN RONUS DIRECTOR 1.00 X 0 0 0 JENNIFER ROSENFELD DIRECTOR 1.00 X 0 0 0 LAURA ROSENWALD DIRECTOR (FROM 9/29/14) 1.00 X 0 0 0 NANCY S SANDERS CHAIR, EDUCATION & COMMUNITY 1.00 X 0 0 0 ERIC L SMALL DIRECTOR 1.00 X 0 0 0 CHRISTIAN STRACKE DIRECTOR 1.00 X 0 0 0 DR RONALD D SUGAR CHAIR, STRATEGIC PLANNING 1.00 X 0 0 0 JACK SUZAR CHAIR, BOARD OF OVERSEERS 1.00 X 0 0 0 KATHERINE WATKINS PSHA PRESIDENT (FROM 9/29/14) 1.00 X 0 0 0 ALAN WAYTE SECRETARY 1.00 X 0 0 0 JONATHAN WEEDMAN DIRECTOR 1.00 X 0 0 0 ALYCE WILLIAMSON DIRECTOR 1.00 X 0 0 0 MARILYN ZIERING DIRECTOR 1.00 X 0 0 0 DEBORAH BORDA PRESIDENT & CEO 60.00 X 1548289 0 38531 GAIL SAMUEL VP & COO 60.00 X 365784 0 44882 MICHAEL DEMARTINI VP & CFO 60.00 X 324442 0 49808 GUSTAVO DUDAMEL MUSIC CONDUCTOR 40.00 X 1628322 0 33171 SCOTT SHOWALTER VP OF DEVELOPMENT 60.00 X 326004 0 12787 MONA PATEL VP OF HR & GENERAL COUNSEL 60.00 X 289725 0 7914 SHANA MATHUR VP OF MARKETING & COMMUNICATIONS 60.00 X 292712 0 39791 CHAD SMITH VP OF ARTISTIC PLANNING 60.00 X 258564 0 19274 CHRIS AYZOUKIAN VP OF PHILHARMONIC & PRODUCTION 60.00 X 196117 0 24757 MARTIN CHALIFOUR CONCERTMASTER 40.00 X 510591 0 43618 NITZAN HAROZ MUSICIAN 40.00 X 326918 0 43662 KEVIN WAPNER STAGEHAND/AUDIO 40.00 X 289757 0 64102 THOMAS HOOTEN MUSICIAN 40.00 X 288777 0 30216 WHITNEY CROCKETT MUSICIAN 40.00 X 282692 0 43596 6928694 0 496109 156 0 1 0 SD&A TELESERVICES INC 5757 W CENTURY BLVD 300 LOS ANGELES CA 90045 TELEMARKETING & TELEFUNDING 1751758 PALISADES MEDIA GROUP INC 1620 26TH ST STE 200 S SANTA MONICA CA 90404 MEDIA ADVERTISING 1494792 TRANSIT SYSTEMS UNLTD INC 8976 LAUREL CANYON BLVD SUN VALLEY CA 91352 BUS SERVICE 1284378 CONTEMPORARY SERVICES CORPORATION 17101 SUPERIOR ST NORTHRIDGE CA 91325 SECURITY 1185864 LOS ANGELES MASTER CHORALE 135 N GRAND AVE LOS ANGELES CA 90012 GUEST CHORALE 980140 64 X 4513884 10179850 36288382 471162 50982116 CONCERTS 711310 65376106 65376106 CONCERTS BY OTHERS 711310 10619512 10619512 CONCESSION/PARKING 812930 7222541 7222541 RECORDING/ROYALTIES 900099 1673119 1673119 1712574 1712574 86603852 1265771 2358 1263413 7066319 0 7066319 7066319 7066319 500592 4513884 1119544 -618952 -618952 1760635 1530629 230006 202214 27792 145529112 77910406 30150 16606440 5791488 2734089 2699579 357820 41324708 35997877 3128193 2198638 3359928 3059814 217360 82754 5776140 4797151 488121 490868 3480900 2882472 374726 223702 195631 41370 154261 127951 127951 485373 485373 513617 513617 5897887 5656161 31487 210239 4501481 3174982 629135 697364 161479 9596 150638 1245 753506 749262 4160 84 3403461 3372412 29399 1650 3752205 3515586 202569 34050 30010 17165 3009 9836 2037787 1583390 454397 1025002 844668 180334 CONTRACT SERVICES 22581230 21072556 727537 781137 LEASE EVENT EXPENSES 6431838 6431838 CREDIT CARD COMMISSIONS 1843449 1736868 106581 EQUIPMENT RENTAL 1630584 1124341 93652 412591 2707974 1802468 376198 529308 117813629 100604066 10586323 6623240 7379922 6211759 14098677 12285798 7876556 14335454 4552845 11861299 363677 373112 2267316 2377046 47637552 24404841 19401797 23232711 170470611 191898322 226411401 262575501 11135026 11527439 19536412 18278375 9752523 9120084 40423961 38925898 X 64631440 76639603 23196000 43588000 98160000 103422000 185987440 223649603 226411401 262575501 X 27715483 10414888 -468208 X 0 1 X 1 0 X 38486487 33142366 38852604 35264008 50982116 196727581 72688355 73712103 75339793 78154322 88151746 388046319 111174842 106854469 114192397 113418330 139133862 584773900 17660461 9343100 13721968 9527271 18370213 68623013 874162 350329 849980 2074471 18534623 9343100 14072297 10377251 18370213 70697484 514076416 1405694 880398 1104064 1568986 1265771 6224913 3251 12353 20134 14708 30150 80596 1408945 892751 1124198 1583694 1295921 6305509 112583787 107747220 115316595 115002024 140429783 591079409 0.86970 0.87890 0.01070 0.01210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 177612514 11559715 18213798 6614151 200771876 156783416 10207931 16590092 5968925 177612514 137649602 12946560 11872080 5684826 156783416 132581335 5696279 4303115 4931127 137649602 112793597 12260569 11798990 4271821 132581335 0.39100 0.60900 0.00000 1 0 31065402 13813451 17251951 10704023 8106347 2597676 5868127 2485043 3383084 23232711 PARTNERSHIP INTEREST & OTHER FUNDS 44979376 F MCF UNITIZED FUND 146918946 F 191898322 PENSION & POST-RETIREMENT MEDICAL BENEFIT COST 9120084 9120084 X 165022000 10414888 12012495 22427383 142594617 513617 2420878 2934495 145529112 122960000 5659988 5659988 117300012 513617 513617 117813629 PART V, LINE 4: THE ENDOWMENT FUNDS SUPPORT EDUCATION AND MUSIC PROGRAMS, AND THE MISSION OF THE ASSOCIATION. PART X, LINE 2: IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC NO. 740, "UNCERTAINTY IN INCOME TAXES" ("ASC 740"), THE ASSOCIATION RECOGNIZES THE IMPACT OF TAX POSITIONS IN THE FINANCIAL STATEMENTS IF THAT POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. TO DATE, THE ASSOCIATION HAS NOT RECORDED ANY UNCERTAIN TAX POSITIONS. THE ASSOCIATION'S POLICY IS TO RECOGNIZE POTENTIAL ACCRUED INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS IN INCOME TAX EXPENSE, IF ANY. DURING THE YEAR ENDED SEPTEMBER 30, 2014, THE ASSOCIATION PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AND DID NOT NOTE ANY MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR WHICH MAY HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. THE FEDERAL AND STATE OF CALIFORNIA INCOME TAX RETURNS OF THE ASSOCIATION STILL OPEN AND SUBJECT TO IRS OR STATE OF CALIFORNIA EXAMINATION ARE AS FOLLOWS: JURISDICTION: OPEN TAX YEARS: FEDERAL 2010 - 2013 STATE 2009 - 2013 PART XI, LINE 2D - OTHER ADJUSTMENTS: NON-MONETARY EXCHANGE - IN KIND INCOME 4,562,953. SPECIAL EVENTS - DIRECT EXPENSES 1,103,336. INVESTMENT GAIN OF MUSIC CENTER FOUNDATION 6,346,206. PART XI, LINE 4B - OTHER ADJUSTMENTS: MUSIC CENTER FOUNDATION CONTRIBUTION 2,417,827. ROUNDING ADJUSTMENT ON TOTAL REVENUE 3,051. PART XII, LINE 2D - OTHER ADJUSTMENTS: NON-MONETARY EXCHANGE - IN KIND INCOME 4,562,953. SPECIAL EVENTS - DIRECT EXPENSES 1,103,336. ROUNDING ADJUSTMENT ON TOTAL EXPENSE -6,301. NORTH AMERICA 0 0 PROGRAM SERVICE TOUR CONCERTS EXCLUDING ANY TOUR REVENUE - SEE SCHEDULE F, PART V. 636003 0 0 0 0 0 0 636003 0 636003 0 0 0 0 0 0 SCHEDULE F, PART I, LINE 3E: TOTAL EXPENDITURES (EXCLUDING ANY TOUR REVENUE) FOR THE TOUR CONCERTS INCLUDE A PORTION OF COMPENSATION AND OTHER EMPLOYMENT-RELATED COSTS PAID TO OR FOR THE BENEFIT OF U.S. EMPLOYEES TRAVELING TO THE REGION. X 1 SD&A TELESERVICES INC 5757 W CENTURY BLVD 300 LA CA 90045 TELEFUNDING 1 1082709 485373 597336 1082709 485373 597336 CA WINTER GALA 3471226 3299099 172127 8197 365233 SUMMER GALA 1543250 1214785 328465 8011 738113 5014476 4513884 500592 16208 1103346 1119554 -618962 X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 DEBORAH BORDA PRESIDENT & CEO 786461 0 300000 0 461828 0 25100 0 13431 0 1586820 0 0 0 GAIL SAMUEL VP & COO 307784 0 55000 0 3000 0 12000 0 32882 0 410666 0 0 0 MICHAEL DEMARTINI VP & CFO 282442 0 42000 0 0 0 17100 0 32708 0 374250 0 0 0 GUSTAVO DUDAMEL MUSIC CONDUCTOR 1616322 0 0 0 12000 0 0 0 33171 0 1661493 0 0 0 SCOTT SHOWALTER VP OF DEVELOPMENT 306004 0 20000 0 0 0 0 0 12787 0 338791 0 0 0 MONA PATEL VP OF HR & GENERAL COUNSEL 252558 0 37167 0 0 0 0 0 7914 0 297639 0 0 0 SHANA MATHUR VP OF MARKETING & COMMUNICATIONS 250712 0 42000 0 0 0 7300 0 32491 0 332503 0 0 0 CHAD SMITH VP OF ARTISTIC PLANNING 216564 0 42000 0 0 0 7100 0 12174 0 277838 0 0 0 CHRIS AYZOUKIAN VP OF PHILHARMONIC & PRODUCTION 158717 0 37400 0 0 0 4700 0 20057 0 220874 0 0 0 MARTIN CHALIFOUR CONCERTMASTER 510591 0 0 0 0 0 11934 0 31684 0 554209 0 0 0 NITZAN HAROZ MUSICIAN 326918 0 0 0 0 0 11978 0 31684 0 370580 0 0 0 KEVIN WAPNER STAGEHAND/AUDIO 289757 0 0 0 0 0 28329 0 35773 0 353859 0 0 0 THOMAS HOOTEN MUSICIAN 288777 0 0 0 0 0 12099 0 18117 0 318993 0 0 0 WHITNEY CROCKETT MUSICIAN 282692 0 0 0 0 0 11912 0 31684 0 326288 0 0 0 PART I, LINE 4B LINE 4B: DEBORAH BORDA HAS A 457(F) RETIREMENT PLAN. THE AMOUNT INCLUDED ON MS. BORDA'S 2013 W-2 WAS $401,478. PART II, COLUMN F: AS PER IRS INSTRUCTIONS, COLUMN F IS ONLY TO INCLUDE COMPENSATION REPORTED IN COLUMN B OF THE CURRENT YEAR THAT WAS ALSO REPORTED IN THE PRIOR YEAR FORM 990. SINCE THERE WERE NO SUCH OVERLAPPING AMOUNTS, NO PRIOR COMPENSATION WAS LISTED IN COLUMN F. X 39 471162 FMV 0 0 0 1 PART I, LINE 32B: A THIRD PARTY BROKERAGE COMPANY SELLS DONATED STOCKS ONCE THEY ARE RECEIVED BY THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE FORMULATES, SUPERVISES AND IMPLEMENTS THE POLICIES OF THE CORPORATION UNDER THE DIRECTION OF THE BOARD OF DIRECTORS. MEMBERS ARE APPOINTED TO THE EXECUTIVE COMMITTEE WHICH CONSISTS OF THE CHAIRMAN OF THE BOARD, VICE CHAIRS AND THE CHAIRS OF THE MAJOR COMMITTEES. ADDITIONAL DIRECTORS MAY BE APPOINTED BY THE CHAIRMAN AND APPROVED BY THE BOARD OF DIRECTORS. THE FOLLOWING ARE THE VICE CHAIR AND MEMBERS OF THE EXECUTIVE COMMITTEE: CHAIRMAN OF THE BOARD: DIANE PAUL VICE CHAIRS: DAVID C. BOHNETT JERROLD EBERHARDT JANE EISNER DAVID GINDLER JAY RASULO EXECUTIVE COMMITTEE MEMBERS (INCLUDING VICE CHAIR LISTED ABOVE): MARK DALZELL DONALD DE BRIER LAWRENCE FIELD JOHN HOTCHKIS JOHN MALLORY WILLIAM POWERS BARRY PRESSMAN DUDLEY RAUCH NANCY SANDERS RONALD SUGAR FORM 990, PART VI, SECTION B, LINE 11 THE DRAFT FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE FOR THEIR REVIEW PRIOR TO THE MEETING WITH THE TAX ACCOUNTANTS AND STAFF. DURING THIS MEETING, THE AUDIT COMMITTEE INQUIRES AND RECOMMENDS ANY CHANGES NEEDED THEN APPROVES THE FORM 990 FOR FILING. THE FINAL DRAFT OF THE FORM IS MADE AVAILABLE TO THE BOARD OF DIRECTORS PRIOR TO ELECTRONIC FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION SENDS A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY TO THE BOARD OF DIRECTORS, OFFICERS, VP'S AND KEY EMPLOYEES. THE QUESTIONNAIRES ARE REVIEWED TO ENSURE THEY ARE COMPLIANT WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF INDEPENDENT DIRECTORS REVIEWS AND APPROVES IN ADVANCE THE COMPENSATION PACKAGE FOR OFFICERS AND KEY EMPLOYEES BASED ON A COMPARATIVE ANALYSIS OF THE COMPENSATION OF SIMILARLY SITUATED OFFICERS AND EMPLOYEES AT SIMILAR ORGANIZATIONS PREPARED INTERNALLY WITH THE PERIODIC ASSISTANCE OF A QUALIFIED INDEPENDENT COMPENSATION CONSULTANT. FOR THE PRESIDENT AND CEO'S EMPLOYMENT CONTRACT, THE COMPENSATION COMMITTEE ENGAGED AN INDEPENDENT COMPENSATION CONSULTANT TO PROVIDE A DETAILED COMPARATIVE ANALYSIS OF OTHER CEO COMPENSATION AT SIMILAR ORGANIZATIONS TO SUPPORT THE REASONABLENESS OF HER TOTAL COMPENSATION PACKAGE. THE COMPENSATION TERMS AND THE RESULTS OF BOTH THE INTERNAL AND INDEPENDENT COMPENSATION ANALYSIS WERE THEN REVIEWED AND DISCUSSED IN DETAIL WITH THE INPUT OF THE COMPENSATION CONSULTANT AND APPROVED IN ADVANCE BY AN AUTHORIZED BODY OF INDEPENDENT DIRECTORS. FINALLY, THE ENTIRE PROCESS WAS CONCURRENTLY DOCUMENTED DETAILING THE ANALYSIS AND BASIS FOR THE COMPENSATION DETERMINATION. FORM 990, PART VI, SECTION C, LINE 18 ALL INFORMATIONAL RETURN DOCUMENTS ARE AVAILABLE TO THE PUBLIC EITHER THROUGH WWW.GUIDESTAR.ORG OR UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, INFORMATIONAL RETURNS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VIII, LINE 7A & 7B: PROCEEDS FROM SALE OF STOCKS & COST OR OTHER BASIS: THE ORGANIZATION HAS INVESTMENT ACCOUNTS, HEDGE FUNDS AND OTHER INVESTMENT PARTNERSHIPS WITH MANY STOCK TRANSACTIONS. DUE TO THE LARGE QUANTITY OF STOCK TRANSACTIONS, THIS INFORMATION IS NOT INCLUDED IN THE RETURN, BUT IS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: INCREASE IN ACTUARIAL LOSS -468,208.