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SEACHANGE CAPITAL PARTNERS INC: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
SEACHANGE CAPITAL PARTNERS INC (EIN 20-5124665)
Tax period
2010-01-01 to 2010-12-31
Filed
2011-05-13
IRS object ID
201121339349300142
Schema version
2010v3.2
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

FieldValueIRS element (for citing)
Timestamp2011-05-13T09:02:20-05:00Timestamp
Tax Period End Date2010-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1O'CONNOR DAVIES MUNNS & DOBBINS LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1ONE STAMFORD LANDINGAddressLine1
CitySTAMFORDCity
StateCTState
ZIP Code06902ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2010-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN205124665EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1SEACHANGE CAPITAL PARTNERSBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlSEACNameControl
Phone2123361500Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line111 EAST 44TH STREET SUITE 900AddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10017ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameMANAGEMENTName
TitleEXECUTIVE PARTNERTitle
Phone2123361500Phone
Date Signed2011-05-12DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameROBIN STRONGName
Phone2033232400Phone
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonCHARLES T HARRIS IIINameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line111 EAST 44TH STREET SUITE 900AddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10017ZIPCode
FieldValueIRS element (for citing)
Gross Receipts2594024GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.SEACHANGECAP.ORGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation2006YearFormation
State Legal DomicileDEStateLegalDomicile
Activity Or Mission DescriptionENHANCE THE FLOW OF GROWTH CAPITAL FROM WEALTHY DONORS TO SELECTED HIGH PERFORMING NON PROFITS.ActivityOrMissionDescription
Nbr Voting Members Governing Body4NbrVotingMembersGoverningBody
Nbr Independent Voting Members3NbrIndependentVotingMembers
Total Nbr Employees11TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year4549017ContributionsGrantsPriorYear
Contributions Grants Current Year2592566ContributionsGrantsCurrentYear
Program Service Revenue Prior Year0ProgramServiceRevenuePriorYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year752InvestmentIncomePriorYear
Investment Income Current Year1458InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year4549769TotalRevenuePriorYear
Total Revenue Current Year2594024TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year2678965GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY2571226GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year1682443SalariesEtcPriorYear
Salaries Etc Current Year1681322SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year384126TotalFundrsngExpCurrentYear
Other Expense Prior Year764351OtherExpensePriorYear
Other Expenses Current Year919672OtherExpensesCurrentYear
Total Expenses Prior Year5125759TotalExpensesPriorYear
Total Expenses Current Year5172220TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-575990RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-2578196RevenuesLessExpensesCY
Total Assets BOY12466408TotalAssetsBOY
Total Assets EOY9780901TotalAssetsEOY
Total Liabilities BOY255726TotalLiabilitiesBOY
Total Liabilities EOY148415TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY12210682NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY9632486NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionOUR MISSION IS TO MOBILIZE A NETWORK OF MAJOR DONORS, TO PROVIDE SUBSTANTIAL FUNDING FOR OUTSTANDING NONPROFITS INVOLVED IN EDUCATION AND YOUTH DEVELOPMENT, AS WELL AS TO FACILITATE AND FUND SENSIBLE NONPROFIT COLLABORATIONS.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense4020761Expense
Grants2508000Grants
DescriptionSEACHANGE IS HELPING OUTSTANDING NONPROFITS RAISE SIGNIFICANT AMOUNTS OF FUNDING THROUGH PHILANTHROPIC CONTRIBUTIONS. THE FIRM IS WORKING IN THE FIELDS OF EDUCATION AND YOUTH DEVELOPMENT FOR LOW-INCOME YOUNG PEOPLE IN THE UNITED STATES.FROM ITS LAUNCH IN JUNE 2006 THROUGH DECEMBER 2008, SEACHANGE CONCENTRATED ON CAPITALIZING ITSELF WITH FIVE YEARS OF OPERATING FUNDS IN ADVANCE OF BEGINNING ITS PROGRAMMATIC AND GRANT-MAKING ACTIVITIES SO THAT LATER IT WOULD NOT HAVE TO SIMULTANEOUSLY RAISE FUNDS FOR ITSELF WHILE ARRANGING FUNDINGS FOR OTHER NONPROFIT ORGANIZATIONS. DURING THE FIRST HALF OF 2008, IT RECRUITED A TEAM AND BEGAN TO IDENTIFY HIGH PERFORMING NONPROFITS WHILE ALSO CONTINUING TO BUILD ITS NETWORK OF POTENTIAL PARTICIPANTS FOR FUTURE FUNDINGS. DURING 2009, 2010 AND THE FIRST QUARTER OF 2011, SEACHANGE ARRANGED A TOTAL OF $12.115 MILLION IN FUNDINGS FOR THREE ORGANIZATIONS: UNCOMMON SCHOOLS, THE NEW TEACHER CENTER AND COLLEGE SUMMIT. SEACHANGE ALSO COMMITTED $1.0 MILLION TO NEW PROFIT, INC, FOR ITS PATHWAYS FUND APPLICATION TO THE SOCIAL INNOVATION FUND. IN CONJUNCTION WITH THIS GRANT, SEACHANGE TOOK ON THE ROLE OF COORDINATING CERTAIN ACTIVITIES FOR A FUNDING GROUP LED BY NEW PROFIT, AND INCLUDING THE BLUE RIDGE FOUNDATION, THE CARNEGIE CORPORATION, THE JPMORGAN CHASE FOUNDATION, THE OPEN SOCIETY FOUNDATIONS AND THE ROBIN HOOD FOUNDATION IN ADDITION TO SEACHANGE. THE GROUP CAME TOGETHER TO FUND A PORTFOLIO OF NONPROFIT ORGANIZATIONS INCLUDING COLLEGE SUMMIT, IMENTOR, YEAR UP, NATIONAL COLLEGE ADVISING CORPS, SINGLE STOP AND YOUTHBUILD USA.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense101622Expense
Grants63226Grants
DescriptionSEACHANGE CONTINUED ITS WORK WITH THE LODESTAR FOUNDATION TO FACILITATE AND FUND SENSIBLE COLLABORATIONS AMONG NONPROFIT ORGANIZATIONS. DURING 2010, THE SEACHANGE-LODESTAR FUND EVALUATED 41 OPPORTUNITIES, AND MADE OR COMMITTED GRANTS TO 9 ORGANIZATIONS.Description
FieldValueIRS element (for citing)
Total Program Service Expense4122383TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities1ReportOtherLiabilities
Report Fin48 Footnote1ReportFin48Footnote
Independent Audit Financial Stmt1IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations1GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity0RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transaction Related Entity0TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With10968NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees11NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Form8899 Filed0Form8899Filed
Form1098 C Filed0Form1098CFiled
Excess Business Holdings0ExcessBusinessHoldings
Taxable Distributions0TaxableDistributions
Distribution To Donor0DistributionToDonor
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members4NbrVotingGoverningBodyMembers
Number Independent Voting Members3NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other1CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledCAStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledKYStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledMAStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledNYStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledOHStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledORStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledPAStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledSCStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledVAStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledCTStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledNJStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledMNStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledNCStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledCOStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1COLMAN BOOKKEEPINGBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number2033878392TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1904 WHALLEY AVENUEAddressLine1
CityNEW HAVENCity
StateCTState
ZIP Code065151700ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (9 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationKey EmployeeKeyEmployeeHighest Compensated EmployeeHighestCompensatedEmployee
CHARLES T HARRIS III
EXECUTIVE PARTNER40.00XX220002044713
GARY SYMAN
CHAIRMAN, BOARD OF DIRECTO5.00XX000
ROBERT L GORDON III
DIRECTOR1.00X000
SUZANNE LEHMANN
DIRECTOR3.00X000
DOUGLAS SMITH
DIRECTOR1.00X000
LINCOLN CAPLAN
MANAGING PARTNER AND TREAS40.00X214619025699
JOHN MACINTOSH
PARTNER40.00193112029776X
C ELIZABETH SPENCER
PARTNER40.00217929038631X
JENNIFER GOLDSTONE
VICE PRESIDENT40.00130421015488X
FieldValueIRS element (for citing)
Total Reportable Comp From Org976083TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation154307TotalOtherCompensation
Number Individuals GT100 K5NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
All Other Contributions2592566AllOtherContributions
Noncash Contributions19978NoncashContributions
Total Contributions2592566TotalContributions

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column1458TotalRevenueColumn
Exclusion$1,458ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column2594024TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$1,458ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total2571226Total
Program Services2571226ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total984481Total
Program Services652158ProgramServices
Management And General208219ManagementAndGeneral
Fundraising124104Fundraising

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total530264Total
Program Services361671ProgramServices
Management And General137605ManagementAndGeneral
Fundraising30988Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total60552Total
Program Services41169ProgramServices
Management And General15393ManagementAndGeneral
Fundraising3990Fundraising

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total17472Total
Program Services12157ProgramServices
Management And General5120ManagementAndGeneral
Fundraising195Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total88553Total
Program Services59331ProgramServices
Management And General20367ManagementAndGeneral
Fundraising8855Fundraising

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total75625Total
Program Services23444ProgramServices
Management And General34787ManagementAndGeneral
Fundraising17394Fundraising

Advertising Advertising

FieldValueIRS element (for citing)
Total16449Total
Program Services3290ProgramServices
Management And General1645ManagementAndGeneral
Fundraising11514Fundraising

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total52112Total
Program Services20529ProgramServices
Management And General8005ManagementAndGeneral
Fundraising23578Fundraising

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total53466Total
Program Services35822ProgramServices
Management And General12297ManagementAndGeneral
Fundraising5347Fundraising

Occupancy Occupancy

FieldValueIRS element (for citing)
Total358871Total
Program Services240444ProgramServices
Management And General82540ManagementAndGeneral
Fundraising35887Fundraising

Travel Travel

FieldValueIRS element (for citing)
Total159931Total
Program Services31986ProgramServices
Management And General15993ManagementAndGeneral
Fundraising111952Fundraising

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total89862Total
Program Services60208ProgramServices
Management And General20668ManagementAndGeneral
Fundraising8986Fundraising

Insurance Insurance

FieldValueIRS element (for citing)
Total13356Total
Program Services8948ProgramServices
Management And General3072ManagementAndGeneral
Fundraising1336Fundraising

Other Expenses OtherExpenses

FieldValueIRS element (for citing)
DescriptionBAD DEBT EXPENSEDescription
Total100000Total
Program Services0ProgramServices
Management And General100000ManagementAndGeneral
Fundraising0Fundraising

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total5172220Total
Program Services4122383ProgramServices
Management And General665711ManagementAndGeneral
Fundraising384126Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY446770BOY
EOY64734EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY5906640BOY
EOY5427682EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY5716211BOY
EOY3973999EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY664BOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY43002BOY
EOY44774EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis474287LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec204575LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY353121BOY
EOY269712EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY12466408BOY
EOY9780901EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY18993BOY
EOY38560EOY

Grants Payable GrantsPayable

FieldValueIRS element (for citing)
BOY206000BOY
EOY65000EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY30733BOY
EOY44855EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY255726BOY
EOY148415EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY5495220BOY
EOY4117979EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY6715462BOY
EOY5514507EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY12210682BOY
EOY9632486EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY12466408BOY
EOY9780901EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses-2578196ReconcilationRevenueExpenses
Info In Schedule O Part XIIXInfoInScheduleOPartXII
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years421104CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years9187873CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years6021783CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year4549017CurrentTaxYearMinus1Year
Current Tax Year2592566CurrentTaxYear
Total22772343Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years421104CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years9187873CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years6021783CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year4549017CurrentTaxYearMinus1Year
Current Tax Year2592566CurrentTaxYear
Total22772343Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total12044376AmountsSubstContributorsTotal
Public Support Total17010727967PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1813CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years19343CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years144393CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year752CurrentTaxYearMinus1Year
Current Tax Year1458CurrentTaxYear
Total167759Total
FieldValueIRS element (for citing)
Total Support22940102TotalSupport
First5 Years170XFirst5Years170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovements

FieldValueIRS element (for citing)
Other Cost Or Other Basis235587OtherCostOrOtherBasis
Depreciation79472Depreciation
Book Value156115BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis238700OtherCostOrOtherBasis
Depreciation125103Depreciation
Book Value113597BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings269712TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionDEFERRED RENT PAYABLEDescription
Amount$44,855Amount
FieldValueIRS element (for citing)
Total Of Amounts44855TotalOfAmounts
Total Revenue2594024TotalRevenue
Total Expenses5172220TotalExpenses
Excess Or Deficit For Year-2578196ExcessOrDeficitForYear
Total Adjustments0TotalAdjustments
Excess Or Deficit Per FS-2578196ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt2662991TotRevenueEtcAuditedFinclStmt
Donated Srvc And Use Of Facilities68967DonatedSrvcAndUseOfFacilities
Revenue Not Rptd F99068967RevenueNotRptdF990
Revenue Subtotal2594024RevenueSubtotal
Revenue Not Rptd On Fin Stmt0RevenueNotRptdOnFinStmt
Total Revenue Per Form9902594024TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt5241187TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities68967DonatedServicesUseOfFacilities
Expenses Not Rptd F99068967ExpensesNotRptdF990
Expenses Subtotal5172220ExpensesSubtotal
Expenses Not Rptd On Fin Stmt0ExpensesNotRptdOnFinStmt
Total Expenses Per Form9905172220TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

FieldValueIRS element (for citing)
IdentifierDESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:Identifier
Return ReferencePART X:ReturnReference
ExplanationSEACHANGE RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT HAS DETERMINED THAT SEACHANGE HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION. SEACHANGE IS NO LONGER SUBJECT TO AUDITS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO FISCAL YEAR 2007.Explanation

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained1RecordsMaintained

Recipient Table RecipientTable (7 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEIN Of RecipientEINOfRecipientIRC SectionIRCSectionAmount Of Cash GrantAmountOfCashGrantAmount Of Non Cash AssistanceAmountOfNonCashAssistancePurpose Of GrantPurposeOfGrant
UNCOMMON SCHOOLS INCORPORATED
C/O RHF 826 BROADWAY 9TH FLOORNEW YORKNY10003311488698501(C)(3)8610000REGIONAL EXPANSION OF SCHOOL BUILDINGS AND NUMBER OF STUDENTS SERVED
NEW TEACHER CENTER
725 FRONT STREET STE 400SANTA CRUZCA95060262427526501(C)(3)5718000CAPACITY BUILDING GRANT TO POSITION THE ORGANIZATION FOR GROWTH IN THE NUMBER OF TEACHERS SERVED
NEW PROFIT
2 CANAL PARKCAMBRIDGEMA02141043396766501(C)(3)10000000CONTRIBUTION TO SUPPORT PROGRAM EXPANSION IN A PORTFOLIO OF YOUTH-DEVELOPMENT AND EDUCATION ORGANIZATIONS
BIG BROTHERS BIG SISTERS OF CHICAGO
560 W LAKE STREETCHICAGOIL60661362681212501(C)(3)300000TO FACILITATE A MERGER BETWEEN TWO ORGANIZATIONS
MAINE MARITIME MUSEUM
243 WASHINGTON STREETBATHME04530010271477501(C)(3)300000TO FACILITATE A MERGER BETWEEN TWO ORGANIZATIONS
WOMENSLAWORG
55 WASHINGTON STREET SUITE 614BROOKLYNNY11201061573311501(C)(3)500000TO FACILITATE A MERGER BETWEEN TWO ORGANIZATIONS
GRANTMAKERS FOR EFFECTIVE ORGANIZATIONS
1725 DESALES STREET NW SUITE 404WASHINGTONDC20036010669150501(C)(3)250000OPERATING SUPPORT
FieldValueIRS element (for citing)
Total Nbr Of501 C3 And Govt Grants8TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations0TotalNbrOfOtherOrganizations

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierPROCEDURE FOR MONITORING GRANTS IN THE U.S.:Identifier
Return ReferencePART I, LINE 2:ReturnReference
ExplanationSCHEDULE I, PART I, LINE 2: EACH GRANTEE AND SEACHANGE AGREE TO TERMS ABOUT QUARTERLY REPORTING BY THE GRANTEE TO SEACHANGE ABOUT THE PROGRESS OF THE GRANTEE TOWARD ITS GOALS UNDER THE GRANT. MEMBERS OF SEACHANGE'S PROGRAM TEAM MONITOR THIS PROGRESS. THEY REPORT TO THE SEACHANGE BOARD AT EACH BOARD MEETING ABOUT ONGOING USE OF GRANT FUNDS. NORMAL MONITORING PROCEDURES ALSO INCLUDE REVIEW OF FINANCIALS, STAFF AND STAKEHOLDER INTERVIEWS, MULTIPLE SITE VISITS, AND AN ECOSYSTEM SURVEY.Explanation

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeXCompensationCommittee
Form990 Of Other OrganizationsXForm990OfOtherOrganizations
Written Employment ContractXWrittenEmploymentContract
Compensation SurveyXCompensationSurvey
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan1SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org0CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs0CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org0CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs0CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments0AnyNonFixedPayments
Initial Contract Exception0InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (4 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Filing OrgBonusFilingOrgBonus Related OrgsBonusRelatedOrgsOther Compensation Filing OrgOtherCompensationFilingOrgOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Filing OrgDeferredCompFilingOrgDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Filing OrgTotalCompensationFilingOrgTotal Compensation Related OrgsTotalCompensationRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrgComp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
CHARLES T HARRIS III
22000200000229850217280264715000
LINCOLN CAPLAN
171944000426750153830103160240318000
JOHN MACINTOSH
19311200000197760100000222888000
C ELIZABETH SPENCER
21792900000211510174800256560000

Form990 Schedule J Part III Form990ScheduleJPartIII

FieldValueIRS element (for citing)
Return ReferencePART I, LINE 4AReturnReference
ExplanationLINCOLN CAPLAN RECEIVED $1,000 A MONTH THROUGH JUNE 2010 (THE TOTAL AMOUNT WAS $6,000 IN 2010) AS A CONTRIBUTION FROM SEACHANGE TO A 457B PLAN IN LIEU OF SEACHANGE PAYING A MONTHLY PREMIUM FOR MEDICAL INSURANCE FOR HIM, AS IT DID FOR ALL OTHER EMPLOYEES, SINCE MR. CAPLAN WAS COVERED UNDER ANOTHER POLICY.Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

IdentifierIdentifierExplanationExplanationReturn ReferenceReturnReference
FORM 990, PART VI, SECTION B, LINE 11KEY PERSONNEL COMPLETED THE COLLECTION OF DATA ON GOVERNANCE, AUDITED FINANCIALS, AND PROGRAM INFORMATION BEFORE SUBMITTING TO THE OFFICERS FOR REVIEW. THE OFFICERS MET WITH THE AUDITOR TO DISCUSS KEY ISSUES. THE CHAIR OF THE AUDIT COMMITTEE REVIEWED THE COMPLETED FINANCIALS WITH THE AUDITOR AND MET WITH THE OFFICERS TO DISCUSS KEY ISSUES.
FORM 990, PART VI, SECTION B, LINE 11AN ELECTRONIC COPY OF THE 990 WAS SENT TO EACH MEMBER BY THE MANAGING PARTNER. BEFORE IT WAS FILED, EACH DIRECTOR, IN PARTICULAR THE CHAIRMAN OF THE BOARD AND THE CHAIR OF THE AUDIT COMMITTEE, AND EACH PARTNER WAS ASKED TO REVIEW THE 990 AND EITHER REQUEST CLARIFICATION OR CORRECTION OR APPROVE ITS FILING. AFTER THE 990 WAS FILED, AT THE NEXT BOARD MEETING THE 990 WAS ON THE BOARD'S AGENDA FOR DISCUSSION.
THE ORGANIZATION'S CORPORATE BYLAWS HAVE A CONFLICT-OF-INTEREST POLICY THAT ADDRESSES THE MATTER OF CONFLICTS IN THE WAY THAT MATTERS MOST IMPORTANTLY TO THE ORGANIZATION, THROUGH PARTICIPATION IN A DECISION ABOUT MAKING A GRANT TO AN ORGANIZATION WITH WHICH THE PARTICIPANT HAS EITHER A CONFLICTING RELATIONSHIP OR WHAT COULD BE SEEN AS A CONFLICTING RELATIONSHIP. THIS POLICY HAS BEEN ELABORATED ON IN A SUPPLEMENTARY MEMORANDUM FOR THE BOARD AND STAFF.FORM 990, PART VI, SECTION B, LINE 12C
THE COMPENSATION FOR THE EXECUTIVE PARTNER IS ESTABLISHED BY THE BOARD. THE COMPENSATION FOR THE MANAGING PARTNER IS ESTABLISHED BY THE EXECUTIVE PARTNER IN CONSULTATION WITH THE CHAIRMAN OF THE BOARD. THE COMPENSATION FOR ALL OTHER EMPLOYEES IS ESTABLISHED BY THE PARTNERS, WITH APPROVAL FROM THE CHAIRMAN OF THE BOARD. ALL SALARIES AND BENEFITS ARE BASED ON BENCHMARKING ABOUT COMPENSATION FOR COMPARABLE POSITIONS IN THE NONPROFIT SECTOR. IN 2009 A NEW PARTNER JOINED SEACHANGE. HER SALARY WAS DETERMINED BY HISTORICAL SEACHANGE SALARIES, AS WELL AS BOARD DISCUSSION AND APPROVAL.FORM 990, PART VI, SECTION B, LINE 15
FINANCIAL STATEMENTS ARE AVAILABLE PUBLICLY THROUGH GUIDESTAR, AND UPON REQUEST AND AS REQUIRED THROUGH NEW YORK STATE LAWS GOVERNING CHARITABLE ORGANIZATIONS. GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST ELECTRONICALLY OR IN THE SEACHANGE OFFICE.FORM 990, PART VI, SECTION C, LINE 19
OVERSIGHT OF THE AUDITTHE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.PART XI, LINE 2C EXPLANATION
THE BOARD OF DIRECTORS CONSISTS OF THE CHAIR AND 3 OTHER VOTING MEMBERS. THE SECRETARY AND TREASURER POSITIONS WHICH SUPPORT THE BOARD ARE NON-VOTING MEMBERS OF BOARD DISCUSSIONS. CURRENTLY BOTH POSITIONS ARE HELD BY SEACHANGE PARTNERS.FORM 990, PART VI, SECTION A, LINE 1: