WORLD SCIENCE FOUNDATION: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- WORLD SCIENCE FOUNDATION (EIN 43-2095418)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-12
- IRS object ID
- 201121329349303422
- Schema version
- 2009v1.7
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-12T17:03:58-05:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM MCGLADREY INC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1185 AVENUE OF THE AMERICAS | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 100362602 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 432095418 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCIENCE FESTIVAL FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SCIE | NameControl |
| Phone | 2123481400 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 475 Riverside Drive Suite 950 | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10115 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | tracy k day | Name |
| Title | executive director | Title |
| Phone | 2123481400 | Phone |
| Date Signed | 2011-05-12 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARTIN GREIF | Name |
| Phone | 2123721000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | X | AddressChange |
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | world science festival | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | tracy k day | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 475 Riverside Drive Suite 950 | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10115 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 4929386 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.WORLDSCIENCEFESTIVAL.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2006 | YearFormation |
| State Legal Domicile | DE | StateLegalDomicile |
| Activity Or Mission Description | to engage and sustain a general public informed by the substance of science | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 5 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 3 | NbrIndependentVotingMembers |
| Total Nbr Employees | 48 | TotalNbrEmployees |
| Total Nbr Volunteers | 100 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 4312704 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 4542054 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 179259 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 316106 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 10153 | InvestmentIncomePriorYear |
| Investment Income Current Year | 3361 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -159324 | OtherRevenuePriorYear |
| Other Revenue Current Year | -303561 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 4342792 | TotalRevenuePriorYear |
| Total Revenue Current Year | 4557960 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1161896 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1551726 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 20686 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 35000 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 368020 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2480270 | OtherExpensePriorYear |
| Other Expenses Current Year | 2378843 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 3662852 | TotalExpensesPriorYear |
| Total Expenses Current Year | 3965569 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 679940 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 592391 | RevenuesLessExpensesCY |
| Total Assets BOY | 3068150 | TotalAssetsBOY |
| Total Assets EOY | 3303225 | TotalAssetsEOY |
| Total Liabilities BOY | 1172095 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 814779 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1896055 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 2488446 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE MISSION OF THE SCIENCE FESTIVAL FOUNDATION IS TO CULTIVATE AND SUSTAIN A GENERAL PUBLIC INFORMED BY THE CONTENT OF SCIENCE, INSPIRED BY ITS WONDER, CONVINCED OF ITS VALUE, AND PREPARED TO ENGAGE WITH ITS IMPLICATIONS FOR THE FUTURE.THE WORLD SCIENCE FESTIVAL, AN UNPRECEDENTED ANNUAL TRIBUTE TO IMAGINATION, INGENUITY AND INVENTIVENESS, TAKES SCIENCE OUT OF THE LABORATORY AND INTO THE STREETS, THEATERS, MUSEUMS, AND PUBLIC HALLS OF NEW YORK CITY, MAKING THE ESOTERIC UNDERSTANDABLE AND THE FAMILIAR FASCINATING. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 3146477 | Expense |
| Revenue | 316106 | Revenue |
| Description | THE FOUNDATION'S ACTIVITIES PRIMARILY RELATE TO THE DEVELOPMENT, PLANNING AND PRODUCTION OF THE WORLD SCIENCE FESTIVAL (THE "FESTIVAL"), A WEEKLONG EXPLORATION OF SCIENCE THAT TAKES PLACE ANNUALLY IN NEW YORK CITY. THE INAUGURAL FESTIVAL WAS HELD IN MAY 2008. THE FESTIVAL AIMS TO BECOME ONE OF THE LEADING SCIENCE-FOR-THE-PUBLIC GATHERINGS WORLDWIDE; THE PLACE WHERE LEADING FIGURES IN SCIENCE ARGUE, DISCUSS, BRAINSTORM AND, MOST IMPORTANTLY, INSPIRE AND EDUCATE. THE FESTIVAL OPENS THE WONDROUS UNIVERSE OF SCIENCE TO A BROAD CROSS-SECTION OF THE GENERAL PUBLIC, GIVING MANY AN UNPRECEDENTED OPPORTUNITY TO ENGAGE WITH FOREFRONT DISCOVERIES, THE THINKERS BEHIND THEM, AND THEIR WIDE-RANGING POLITICAL AND CULTURAL IMPLICATIONS. THROUGH A SERIES OF NOVEL, CREATIVE, AND ARTFULLY PRODUCED PROGRAMS AND INTERDISCIPLINARY EVENTS - FROM COMPELLING PRESENTATIONS OF CUTTING-EDGE SCIENTIFIC RESEARCH AND CAPTIVATING HANDS-ON DEMONSTRATIONS FOR KIDS, TO WORKS IN THEATRE, FILM AND THE ARTS INSPIRED BY SCIENCE - THE FESTIVAL DRAMATICALLY RAISES THE PROFILE OF SCIENCE. | Description |
| Total Program Service Expense | 3146477 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 40 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 48 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Nbr Voting Governing Body Members | 5 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 3 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 0 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bob Adleman | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2123481400 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 475 Riverside Drive Suite 950 | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10115 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (7 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| BRIAN GREENE | ||||||
| CHAIRMAN | 20.00 | X | X | 0 | 0 | 0 |
| ALAN ALDA | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| LEE BOLLINGER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JUDITH COX | ||||||
| PRESIDENT & TREASURER | 40.00 | X | X | 59294 | 0 | 5430 |
| TRACY K DAY | ||||||
| EXEC. DIRECTOR / SECRETARY | 40.00 | X | X | 175000 | 0 | 0 |
| JIN HONG THRU 210 | ||||||
| DIRECTOR OF FINANCE | 10.00 | X | 42800 | 0 | 0 | |
| BOB ADLEMAN FROM 410 | ||||||
| DIRECTOR OF FINANCE | 40.00 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 277094 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 5430 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| production glue llc | |||||
| 336 W 37TH ST SUITE 610 | NEW YORK | NY | 10018 | EVENT PRODUCTION SERVICES | 174176 |
| MB PRODUCTIONS | |||||
| 4 EDISON PLACE | FAIRFIELD | NJ | 07004 | EVENT PRODUCTION SERVICES | 157473 |
| BEYOND OUR REALITY | |||||
| 49 WEST 24TH STREET 7TH fLOOR | NEW YORK | NY | 10010 | VIDEO DOCUMENTATION OF EVENT | 134893 |
| R3 PRODUCTIONS LLC | |||||
| 5 RAYNOR DRIVE | WESTHAMPTON | NY | 11977 | EVENT MANAGEMENT SERVICES | 115238 |
| EMPIRE ENTERTAINMENT | |||||
| 560 BROADWAY | NEW YORK | NY | 10012 | EVENT PRODUCTION SERVICES | 101406 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| Fundraising Events | 437135 | FundraisingEvents |
| All Other Contributions | 4104919 | AllOtherContributions |
| Total Contributions | 4542054 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TICKET SALES | 900099 | 222106 | 222106 |
| PROGRAM SERVICE FEES | 900099 | 94000 | 94000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 316106 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3361 | TotalRevenueColumn |
| Exclusion | $3,361 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 67865 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 437135 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 371426 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -303561 | TotalRevenueColumn |
| Exclusion | -$303,561 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4557960 | TotalRevenueColumn |
| Related Or Exempt Function Income | 316106 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$300,200 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 265701 | Total |
| Program Services | 183115 | ProgramServices |
| Management And General | 57967 | ManagementAndGeneral |
| Fundraising | 24619 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1086969 | Total |
| Program Services | 749115 | ProgramServices |
| Management And General | 237138 | ManagementAndGeneral |
| Fundraising | 100716 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 86045 | Total |
| Program Services | 59300 | ProgramServices |
| Management And General | 18772 | ManagementAndGeneral |
| Fundraising | 7973 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 113011 | Total |
| Program Services | 77885 | ProgramServices |
| Management And General | 24655 | ManagementAndGeneral |
| Fundraising | 10471 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5662 | Total |
| Management And General | 5662 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30330 | Total |
| Management And General | 30330 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 77999 | Total |
| Program Services | 54476 | ProgramServices |
| Management And General | 2857 | ManagementAndGeneral |
| Fundraising | 20666 | Fundraising |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35000 | Total |
| Fundraising | 35000 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 231093 | Total |
| Program Services | 161399 | ProgramServices |
| Management And General | 8465 | ManagementAndGeneral |
| Fundraising | 61229 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 336122 | Total |
| Program Services | 335602 | ProgramServices |
| Fundraising | 520 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 133913 | Total |
| Program Services | 80033 | ProgramServices |
| Management And General | 39252 | ManagementAndGeneral |
| Fundraising | 14628 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18282 | Total |
| Program Services | 12768 | ProgramServices |
| Management And General | 670 | ManagementAndGeneral |
| Fundraising | 4844 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 141798 | Total |
| Program Services | 116569 | ProgramServices |
| Management And General | 9631 | ManagementAndGeneral |
| Fundraising | 15598 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 316665 | Total |
| Program Services | 268926 | ProgramServices |
| Management And General | 2618 | ManagementAndGeneral |
| Fundraising | 45121 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10206 | Total |
| Program Services | 8182 | ProgramServices |
| Management And General | 929 | ManagementAndGeneral |
| Fundraising | 1095 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10115 | Total |
| Management And General | 10115 | ManagementAndGeneral |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | FundraisingFundraising | Management And GeneralManagementAndGeneral |
|---|---|---|---|---|
| FESTIVAL RELATED PRODUC | 1064647 | 1039107 | 25540 | |
| REPAIRS & MAINT | 2011 | 2011 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3965569 | Total |
| Program Services | 3146477 | ProgramServices |
| Management And General | 451072 | ManagementAndGeneral |
| Fundraising | 368020 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2636154 | BOY |
| EOY | 389140 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 1861459 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 169500 | BOY |
| EOY | 251764 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 230339 | BOY |
| EOY | 322355 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 470960 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 26072 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15012 | BOY |
| EOY | 444888 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17145 | BOY |
| EOY | 33619 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3068150 | BOY |
| EOY | 3303225 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1172095 | BOY |
| EOY | 814779 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1172095 | BOY |
| EOY | 814779 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1896055 | BOY |
| EOY | 2308446 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 180000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1896055 | BOY |
| EOY | 2488446 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3068150 | BOY |
| EOY | 3303225 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 1795000 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3027696 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 4345254 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4542054 | CurrentTaxYear |
| Total | 13710004 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 1795000 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3027696 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 4345254 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4542054 | CurrentTaxYear |
| Total | 13710004 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 9571868 | AmountsSubstContributorsTotal |
| Public Support Total170 | 4138136 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 37 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 15053 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 10153 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3361 | CurrentTaxYear |
| Total | 28604 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 13738608 | TotalSupport |
| Gross Receipts From Admissions Etc | 685349 | GrossReceiptsFromAdmissionsEtc |
| First5 Years170 | X | First5Years170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 1 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 1 | DirectContactLegislators |
| Direct Contact Legislators | $78,000 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 0 | OtherActivities |
| Total Lobbying Expenditures IIB | 78000 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 382559 | OtherCostOrOtherBasis |
| Book Value | 382559 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 73901 | OtherCostOrOtherBasis |
| Depreciation | 26072 | Depreciation |
| Book Value | 47829 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 14500 | OtherCostOrOtherBasis |
| Book Value | 14500 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 444888 | TotalOfBookValueLandBuildings |
| Total Revenue | 4557960 | TotalRevenue |
| Total Expenses | 3965569 | TotalExpenses |
| Excess Or Deficit For Year | 592391 | ExcessOrDeficitForYear |
| Total Adjustments | 0 | TotalAdjustments |
| Excess Or Deficit Per FS | 592391 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 6615413 | TotRevenueEtcAuditedFinclStmt |
| Donated Srvc And Use Of Facilities | 1686027 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 1686027 | RevenueNotRptdF990 |
| Revenue Subtotal | 4929386 | RevenueSubtotal |
| Other Revenues Not Included | -371426 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -371426 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 4557960 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 6023022 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 1686027 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 371426 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 2057453 | ExpensesNotRptdF990 |
| Expenses Subtotal | 3965569 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 3965569 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part X: | Description of Uncertain Tax Positions Under FIN 48: | ON JULY 1, 2009, THE FOUNDATION ADOPTED THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH 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 THIS GUIDANCE, THE FOUNDATION 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. THE TAX BENEFITS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. GENERALLY, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2007, WHICH IS THE STANDARD STATUTE OF LIMITATIONS LOOK-BACK PERIOD. |
| Part XII, Line 4b - Other Adjustments: | special events expenses netted against special events revenue: -371426. | |
| Part XIII, Line 2d - Other Adjustments: | special events expenses netted against special events revenue: 371426. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
Name Of Organization NameOfOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE SCHEDULE O | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | ADVICE RE: GALA FUNDRAISING EVENT & MANAGEMENT OF EVENT | Activity |
| Fundraiser Control Of Funds | 1 | FundraiserControlOfFunds |
| Gross Receipts | 505000 | GrossReceipts |
| Amount Retained By Contractor | 35000 | AmountRetainedByContractor |
| Net To Organization | 470000 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 505000 | TotalGrossReceipts |
| Total Retained By Contractors | 35000 | TotalRetainedByContractors |
| Total Net To Organization | 470000 | TotalNetToOrganization |
| Licensed States | NY | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | OPENING NIGHT GALA | NameOfEvent1 |
| Gross Receipts Event1 | 505000 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 437135 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 67865 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 79567 | RentFacilityCostsEvent1 |
| Other Direct Expenses Event1 | 291859 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 505000 | GrossReceiptsTotal |
| Charitable Contributions Total | 437135 | CharitableContributionsTotal |
| Gross Revenue Total Events | 67865 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 79567 | RentFacilityCostsTotalEvents |
| Other Direct Expenses Total Events | 291859 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 371426 | DirectExpenseSummaryEvents |
| Net Income Summary | -303561 | NetIncomeSummary |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TRACY K DAY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Base Compensation Filing Org | 175000 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 0 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 175000 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Form 990, Part VI, Section A, line 2 | BRIAN GREENE, BOARD CHAIRMAN & TRACY DAY, EXECUTIVE DIRECTOR & BOARD SECRETARY - FAMILY RELATIONSHIP BRIAN GREENE, BOARD CHAIRMAN & LEE BOLLINGER, DIRECTOR - BUSINESS RELATIONSHIP | |
| Form 990, Part VI, Section A, line 8b | THE ORGANIZATION HAS A BOARD OF DIRECTORS, AND AT THEIR MEETINGS, DOCUMENTATION OF THE MEETINGS IS TAKEN. HOWEVER, GIVEN THE SMALL SIZE OF THE ORGANIZATION'S BOARD, THE ORGANIZATION'S GOVERNING BODY HAS NO COMMITTEES AUTHORIZED TO ACT ON ITS BEHALF. | |
| Form 990, Part VI, Section B, line 11 | PRIOR TO FILING WITH THE IRS, THE DRAFT 990 IS REVIEWED INTERNALLY BY THE DIRECTOR OF FINANCE, GENERAL COUNSEL AND PRESIDENT OF THE FOUNDATION. THEY DISCUSS ANY QUESTIONS OR COMMENTS WITH THE FOUNDATION'S OUTSIDE PREPARERS, PROVIDE SUGGESTED LANGUAGE WHERE APPROPRIATE AND REVIEW ANY REVISIONS MADE IN RESPONSE TO THEIR COMMENTS. ONCE A FINAL DRAFT IS READY, MANAGEMENT DISTRIBUTES IT TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. | |
| Form 990, Part VI, Section B, line 12c | THE FOUNDATION'S GENERAL COUNSEL DISTRIBUTES THE CONFLICT OF INTEREST POLICY AND CONFLICT OF INTEREST QUESTIONNAIRE TO EACH OFFICER, DIRECTOR AND KEY EMPLOYEE ON AN ANNUAL BASIS, AND FOLLOWS UP WITH EACH INDIVIDUAL TO ENSURE THAT THE QUESTIONNAIRE HAS BEEN COMPLETED. EACH OFFICER, DIRECTOR AND KEY EMPLOYEE IS ASKED TO CERTIFY ANNUALLY THAT HE/SHE HAS REVIEWED THE FOUNDATION'S CONFLICT OF INTEREST POLICY AND HAS DISCLOSED ANY POTENTIAL OR ACTUAL CONFLICTS ON THE QUESTIONNAIRE. THE GENERAL COUNSEL REVIEWS THE RESPONSES TO THE QUESTIONNAIRE TO DETERMINE IF THERE IS ANYTHING DISCLOSED THAT SHOULD BE BROUGHT TO THE ATTENTION OF THE BOARD. THE QUESTIONNAIRES ARE MAINTAINED WITH THE BOOKS AND RECORDS OF THE FOUNDATION. IN ADDITION TO FILLING OUT THE QUESTIONNAIRE, PURSUANT TO THE FOUNDATION'S POLICY, EACH OFFICER, DIRECTOR AND KEY EMPLOYEE IS REQUIRED TO ALERT THE OTHER MEMBERS OF THE BOARD IF A TRANSACTION OR FACT ARISES THAT COULD BE COVERED BY THE FOUNDATION'S POLICY AFTER THE INDIVIDUAL HAS COMPLETED HIS OR HER ANNUAL QUESTIONNAIRE. | |
| Form 990, Part VI, Section B, line 15 | EXECUTIVE AND OFFICER COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. THE GENERAL COUNSEL, DIRECTOR OF FINANCE AND PRESIDENT REVIEW AND COMPILE PUBLICLY AVAILABLE COMPENSATION INFORMATION FOR SIMILAR POSITIONS AT COMPARABLE ORGANIZATIONS, AS WELL AS COMPENSATION SURVEYS. THIS INFORMATION IS DISTRIBUTED AND DISCUSSED AT A MEETING OF THE BOARD OUT OF THE PRESENCE OF THE INDIVIDUAL WHOSE COMPENSATION IS BEING REVIEWED. AT THAT POINT IN THE MEETING, ANY REMAINING BOARD MEMBERS WHO HAVE AN INTEREST IN THE COMPENSATION (SUCH AS FAMILY MEMBERS OF THE EMPLOYEE OR OFFICER) ARE EXCUSED FROM THE MEETING. THE DISINTERESTED BOARD MEMBERS DETERMINE WHETHER THE PROPOSED COMPENSATION IS REASONABLE IN LIGHT OF THE COMPARABLES REVIEWED AND THE WORK BEING PERFORMED BY THE INDIVIDUAL IN QUESTION, AND VOTE ON THE COMPENSATION PACKAGE. THE DELIBERATION AND VOTE ON COMPENSATION ARE RECORDED IN THE MINUTES OF THE BOARD MEETING, WHICH ARE APPROVED BY THE DIRECTORS AT THE NEXT SCHEDULED BOARD MEETING. | |
| Form 990, Part VI, Section C, line 19 | THE FOUNDATION MAKES ITS AUDITED FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND CERTIFICATE OF INCORPORATION AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| FORM 990, SCHEDULE G, PART I, LINE 2B PROFESSIONAL FUNDRAISER INFORMATION MK EVENTS: FUNDRAISING ACTIVITY - ADVICE RE: GALA FUNDRAISING EVENT CUSTODY OR CONTROL OF CONTRIBUTIONS - YES GROSS RECEIPTS FROM FUNDRAISING ACTIVITY - $505,000 AMOUNT PAID TO PFR - $25,000 AMOUNT RETAINED BY ORGANIZATION - $480,000 BUCKLEY HALL EVENTS: FUNDRAISING ACTIVITY - ADVICE RE: GALA FUNDRAISING EVENT CUSTODY OR CONTROL OF CONTRIBUTIONS - NO GROSS RECEIPTS FROM FUNDRAISING ACTIVITY - $505,000 AMOUNT PAID TO PFR - $10,000 AMOUNT RETAINED BY ORGANIZATION - $495,000 | ||
| FORM 990, SCHEDULE G, PART I, LINE 2B (COLUMN III) PFR WITH CUSTODY OF CONTRIBUTIONS THE ORGANIZATION CONDUCTED REGULAR MEETINGS WITH THE PROFESSIONAL FUNDRAISER (MK EVENTS) REGARDING POTENTIAL DONORS AND THE DONATIONS RECEIVED. THE DONATIONS CAME DIRECTLY TO A PO BOX SET UP BY THE PFR, AND THE CHECKS WERE DELIVERED TO THE ORGANIZATION ON A REGULAR BASIS. THE ORGANIZATION WOULD THEN WRITE AND MAIL OUT THE DONOR ACKNOWLEDGMENT LETTERS DIRECTLY TO THE DONORS. AT THE END OF THE FISCAL YEAR, THE CONTROL ARRANGEMENT TERMINATED AND ALL CONTRIBUTIONS ARE NOW MAILED DIRECTLY TO THE WSF OFFICE. | ||
| FORM 990, PAGE 1, LINE 11 & PAGE 9, LINE 8C | IN 2010, THE ORGANIZATION IS SHOWING A NET LOSS FROM THE FUNDRAISING EVENT AS THE FORM 990 HAS EXCLUDED $437,135 OF CONTRIBUTIONS THAT WERE MADE SPECIFICALLY FOR THE FUNDRAISING EVENT. (SEE LINE 8A ON PG 9.) THESE CONTRIBUTIONS ARE SHOWN ON PAGE 9, LINE 1C. IF THESE CONTRIBUTIONS WERE INCLUDED WITH THE FUNDRAISING INCOME SHOWN ON LINE 8A, THE NET GAIN FROM THE EVENT WOULD BE $133,574. | NET LOSS FROM FUNDRAISING EVENT |