2024-02-02T13:53:37-06:00 2023-06-30 941585562 PISENTI & BRINKER LLP 201 FIRST STREET SUITE 208 PETALUMA CA 94952 990 2022-07-01 942581084 LUTHER BURBANK MEMORIAL FOUNDATION LUTH 7075277006 50 MARK WEST SPRINGS ROAD SANTA ROSA CA 95403 RICHARD NOWLIN PRESIDENT & CEO 7075277006 2024-01-30 1 RICHARD NOWLIN XXX-XX-XXXX 0 ALICIA CERRUTI P01247967 7077629900 2024-01-30 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LUTHER BURBANK CENTER FOR THE ARTS RICHARD NOWLIN 50 MARK WEST SPRINGS ROAD SANTA ROSA CA 95403 20993544 0 X HTTP://LUTHERBURBANKCENTER.ORG X 1978 CA THE MISSION OF THE LUTHER BURBANK CENTER FOR THE ARTS IS TO ENRICH, EDUCATE AND ENTERTAIN CHILDREN AND ADULTS OF THE NORTH BAY THROUGH ACCESSIBLE AND OUTSTANDING PRESENTATIONS OF ARTS, FAMILY AND ENTERTAINMENT PERFORMANCES, EDUCATION PROGRAMS, VISUAL ARTS AND SCHOOL SHOWS PRESENTED TO THE COMMUNITY. COLLECTIVELY, THESE SHOWS PROVIDE OVER 100 PERFORMANCES ANNUALLY. 20 20 236 280 0 0 9749840 3624083 4173651 6006832 935963 943382 1301837 7770282 16161291 18344579 150 11962 0 0 4440499 5271968 0 0 787522 6547940 7924393 10988589 13208323 5172702 5136256 31726314 38820137 2247664 4031869 29478650 34788268 X THE MISSION OF THE LUTHER BURBANK CENTER FOR THE ARTS IS TO ENRICH, EDUCATE, AND ENTERTAIN CHILDREN AND ADULTS OF THE NORTH BAY THROUGH ACCESSIBLE AND OUTSTANDING PRESENTATIONS OF ARTS, FAMILY AND ENTERTAINMENT PERFORMANCES, EDUCATION PROGRAMS, VISUAL ARTS AND COMMUNITY USE OF OUR FACILITY. COLLECTIVELY, THESE SHOWS PROVIDE OVER 100 PERFORMANCES ANNUALLY. 0 0 10494316 11962 6006832 ACCORDING TO THE FOUNDATION'S BYLAWS, THE PURPOSE OF THE FOUNDATION IS TO ENRICH, EDUCATE AND ENTERTAIN THE NORTH BAY COMMUNITY THROUGH ACCESSIBLE AND OUTSTANDING PRESENTATIONS OF ARTS, FAMILY AND ENTERTAINMENT PERFORMANCES, LITERACY AND OTHER EDUCATIONAL PROGRAMS, VISUAL ARTS AND COMMUNITY USE OF THE FOUNDATION'S FACILITY. IN ADDITION, THE FOUNDATION IS FORMED FOR THE PURPOSES OF PERFORMING ALL THINGS INCIDENTAL TO, OR APPROPRIATE IN, THE ACHIEVEMENT OF THE FOREGOING PRIMARY CHARITABLE PURPOSES. 10494316 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 87 0 1 236 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X JULIE KRILICH 7078007516 50 MARK WEST SPRINGS ROAD SANTA ROSA CA 95403 LISE L LUTTGENS DIRECTOR 1.00 X 0 0 0 GARY ROSENBERG DIRECTOR 1.00 X 0 0 0 ERNESTO M OLIVARES DIRECTOR 1.00 X 0 0 0 ROBI MCMINN DIRECTOR 1.00 X 0 0 0 KEENAN MCCULLOUGH DIRECTOR 1.00 X 0 0 0 ANDREW SPAULDING DIRECTOR 1.00 X 0 0 0 MONICA LOPEZ DIRECTOR 1.00 X 0 0 0 JEFF IRELAND DIRECTOR 1.00 X 0 0 0 TIMOTHY FARLEY DIRECTOR 1.00 X 0 0 0 CARMEN CASTALDI DIRECTOR 1.00 X 0 0 0 WES DANIELS DIRECTOR 1.00 X 0 0 0 ANN LOBDELL HUDSON TREASURER 3.00 X X 0 0 0 KATHLEEN HAMILTON SECRETARY 1.00 X X 0 0 0 CHRISTOPHER HUNSBERGER VICE CHAIR 3.00 X X 0 0 0 SUSAN PRESTON CHAIR 3.00 X X 0 0 0 SHERRY SWAYNE DIRECTOR 1.00 X 0 0 0 RENA CHARLES DIRECTOR 1.00 X 0 0 0 REKHA SKANTHARAJA DIRECTOR 1.00 X 0 0 0 DARCY PECORARO DIRECTOR 1.00 X 0 0 0 DAVID WEINSTEIN JOINED 123 DIRECTOR 1.00 X 0 0 0 RICHARD NOWLIN PRESIDENT & CEO 50.00 X 267500 0 8475 JULIE KRILICH DIRECTOR OF FINANCE AND ADMINISTRATION 50.00 X 112075 0 3734 ANITA WIGLESWORTH VICE PRESIDENT OF PROGRAMS 50.00 X 144045 0 13083 ROBIN SELTZER DIRECTOR OF SPECIAL PROJEC 50.00 X 129107 0 8779 MARC HAGENLOCHER DIRECTOR OF OPERATIONS 50.00 X 124506 0 13553 ASHLEY WORLEY DIRECTOR OF EDUCATION AND 50.00 X 116868 0 9777 BENJAMIN TAYLOR DIRECTOR OF PHILANTROPHY 50.00 X 119493 0 9992 1013594 0 67393 7 0 1 0 STEVEN BARCLAY DBA STEVEN BARCLAY AGENCY 12 WESTERN AVENUE PETALUMA CA 94952 AGENT FOR ARTISTS 136243 STONE PUBLISHING DBA ALMADEN 361 BLOGETT STREET COTATI CA 94931 PRINTING AND MAILING SERVICE 125188 2 817420 101000 2705663 247334 3624083 ADMISSIONS AND PROGRAM 711300 6006832 6006832 6006832 429927 429927 1095975 0 1095975 1095975 1095975 2991163 2477708 513455 513455 513455 112050 817420 171257 -59207 -59207 20400 0 20400 20400 INSURANCE RECOVERY 900099 5840514 5840514 CORPORATE SPONSORSHIP 900099 760401 760401 OTHER NON-OPERATING 900099 112199 112199 6713114 18344579 6006832 0 8713664 11962 11962 1013594 780468 233126 3429856 2314076 660948 454832 140904 101682 13700 25522 367673 289501 59415 18757 319941 226496 57547 35898 45103 45103 57955 57955 384992 259769 82081 43142 588604 522422 4944 61238 565416 438180 73730 53506 32086 2100 29986 42001 41156 845 742750 506017 236314 419 83019 79548 2286 1185 16124 11887 2549 1688 395 395 986613 986613 206709 1168 205541 PERFORMERS' FEES 3440585 3438335 500 1750 FOOD & BEVERAGE 345358 247423 32837 65098 SERVICE CHARGES 286353 176617 86456 23280 DUES AND SUBSCRIPTIONS 65300 41538 23119 643 35030 17358 17108 564 13208323 10494316 1926485 787522 163076 32685 3901816 7961622 4221613 4832560 22130 12184 296090 398652 29043934 14609613 12656237 14434321 10465352 11148113 31726314 38820137 708348 851100 1467233 2072753 4878 0 67205 1108016 2247664 4031869 X 23784047 28061269 5694603 6726999 29478650 34788268 31726314 38820137 5136256 173362 0 X X 0 1 X 1 0 X 4883065 1470168 1394504 9749840 3624083 21121660 5783241 3795508 227251 4173651 11847346 25826997 10666306 5265676 1621755 13923491 15471429 46948657 417383 482522 436470 988099 398100 2722574 0 417383 482522 436470 988099 398100 2722574 44226083 1218364 1219935 929282 1352274 1525906 6245761 1218364 1219935 929282 1352274 1525906 6245761 5974875 272225 3250871 885526 1406524 11790021 17859545 6757836 5801908 16161291 18403859 64984439 0.68060 0.58240 0.09610 0.09470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 215711 X 0 10794440 292241 994859 462675 31135 11587730 12269358 14258 -1034390 419490 35296 10794440 9752475 11434 2809634 270316 32870 12270357 10164738 8256 -175150 214994 30375 9752475 5502032 4552755 335197 204490 20756 10164738 0.85000 0.15000 0.00000 1 0 1779368 1779368 22491972 13971445 8520527 3419624 612465 2807159 1352970 25703 1327267 14434321 PUBLICLY TRADED SECURITIES 11148113 F 11148113 LEASE DEPOSITS 94658 RENTAL DEPOSITS 28980 CONSTRUCTION PAYABLE 984378 1108016 X 18689198 173362 171257 344619 18344579 0 18344579 13379580 171257 171257 13208323 0 13208323 PART III, LINE 4: THE FOUNDATION MAINTAINS A SMALL COLLECTION OF ART CONSISTING OF SCULPTURE, PAINTINGS, AND PRINTS AT A COST OF $242,743. AFTER CONSIDERING DEPRECIATION, THE NET BOOK VALUE OF THIS COLLECTION IS $215,711. THIS FURTHERS OUR EXEMPT PURPOSE BY ENRICHING, EDUCATING, AND ENTERTAINING OUR COMMUNITY THROUGH ACCESSIBLE AND OUTSTANDING PRESENTATION OF VISUAL ART. PART V, LINE 4: THE FOUNDATION HAS RESTATED THE 5-YEAR ENDOWMENT FUNDS SCHEDULE TO REPORT ADDITIONAL ENDOWMENTS NOT SHOWN ON PREVIOUSLY FILED FORM 990S. THE RESTATEMENT ALSO INCLUDES BALANCES FOR ENDOWMENTS HELD BY AN UNRELATED ORGANIZATION. THE DONORS OF THE PERMANENT ENDOWMENT HAVE STIPULATED THAT THE FUNDS ARE TO BE INVESTED IN PERPETUITY. THERE IS NO RESTRICTION ON THE NET APPRECIATION OF THE ENDOWMENT. THE FOUNDATION AMENDED ITS INVESTMENT POLICY ASSET ALLOCATIONS ON MARCH 29, 2023 FROM 70% EQUITIES AND ALTERNATIVE INVESTMENTS AND 30% FIXED INCOME AND CASH TO A RANGE OF 70%-60% EQUITIES AND ALTERNATIVE INVESTMENTS AND CORRESPONDING RANGE OF 30%-40% FIXED INCOME AND CASH. PART X, LINE 2: EXPLANATION FOR UNCERTAIN TAX POSITIONS UNDER FIN 48 THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701(D). HOWEVER, THE FOUNDATION IS SUBJECT TO INCOME TAXES ON ANY NET INCOME THAT IS DERIVED FROM A TRADE OR BUSINESS, REGULARLY CARRIED ON, AND NOT IN FURTHERANCE OF THE PURPOSES FOR WHICH IT WAS GRANTED EXEMPTION, COMMONLY REFERRED TO AS UNRELATED BUSINESS INCOME. NO INCOME TAX PROVISION HAS BEEN RECORDED FOR THE YEARS ENDED JUNE 30, 2023 AND 2022, SINCE MANAGEMENT DETERMINED THAT THE FOUNDATION HAD NO UNRELATED BUSINESS INCOME. THE FOUNDATION DETERMINES WHETHER ITS TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY BASED ON THE TECHNICAL MERITS OF THE POSITIONS. AS OF JUNE 30, 2023, THE FOUNDATION HAS REVIEWED ITS TAX POSITIONS AND HAS CONCLUDED NO RESERVE FOR UNCERTAIN TAX POSITIONS IS REQUIRED. THE FOUNDATION'S OPEN TAX YEARS SUBJECT TO REVIEW ARE FOR 3 YEARS AFTER THE DATE OF FILING FOR FEDERAL AND 4 YEARS AFTER THE DATE OF FILING FOR CALIFORNIA. THE FOUNDATION IS NOT A PRIVATE FOUNDATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSES SHOWN IN REVENUE ON FORM 990, PART VIII, LINE 8B 171,257. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSES SHOWN IN REVENUE ON FORM 990 PART VIII, LINE 8B 171,257. ART OF DESSERT 929470 817420 112050 24801 80961 1275 64220 929470 817420 112050 24801 80961 1275 64220 171257 -59207 20400 0 20400 20400 CA 1 0 0 0 0 0 1 VARIOUS SCHOOLS IN SONOMA LAKE AND MENDOCINO COUNTIES 10362 0 BUS FUND SCHOLARSHIPS VARIOUS ORGANIZATIONS UNDER 5000 1600 0 GENERAL PURPOSE 29 PART I, LINE 2: BUS FUND SCHOLARSHIPS ELIGIBILITY CRITERIA - BUS FUND AWARDS OF $75, $100, $125 OR $200 ARE GIVEN TO INDIVIDUAL SCHOOLS BASED ON A MINIMUM PURCHASE OF 25 TICKETS TO A SCHOOL SHOW. EACH AWARD LEVEL REQUIRES THE PURCHASE OF A HIGHER MINIMUM NUMBER OF TICKETS. FULL PAYMENT MUST BE RECEIVED WITHIN 30 DAYS OF PLACING ORDER. SCHOOLS WHO ARE RECIPIENTS OF TITLE I FEDERAL FUNDING QUALIFY FOR THE HIGHEST AWARD OF $125 WITH THE PURCHASE OF THE LOWEST MINIMUM LEVEL OF 25 OR MORE TICKETS. GRANTEE SELECTION - FIRST COME, FIRST SERVED BASIS GRANT SUBSTANTIATION - SCHOOLS WHO REQUEST A BUS FUND AWARD ARE TRACKED IN A SPREADSHEET. THIS SPREADSHEET IS UPDATED AS TICKETS ARE PURCHASED AND THEN PAID FOR. THE AWARD IS SENT TO THE SCHOOL AFTER THE SHOW HAS OCCURRED AND THEIR ATTENDANCE AT THE SHOW HAS BEEN VERIFIED. FUNDING FOR THE AWARDS COMES FROM DONATIONS THAT ARE EARMARKED FOR THE BUS FUND PROGRAM. THE ANNUAL BUS FUND AWARD AMOUNT IS BUDGETED BASED ON FISCAL AND ECONOMIC FACTORS. SCHEDULE I, PART II, LINE 1 THE ORGANIZATION REPORTED OVER $5,000 IN GRANT EXPENSE TO U.S. ORGANIZATIONS, HOWEVER, NO INDIVIDUAL RECIPIENT RECEIVED MORE THAN $5,000. X X X 0 0 0 0 0 0 0 0 0 RICHARD NOWLIN PRESIDENT & CEO 263900 0 0 0 3600 0 0 0 8475 0 275975 0 0 0 ANITA WIGLESWORTH VICE PRESIDENT OF PROGRAMS 142891 0 0 0 1154 0 0 0 13083 0 157128 0 0 0 X FOOD & DRINK FOR CONCESSIONS 98 131925 60% OF RETAIL MARKET X ADVERTISING 7 108672 NON-PROFIT DISCOUNT X INSTRUMENTS 30 6737 FAIR MARKET VALUE 0 0 0 SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION LUTHER BURBANK MEMORIAL FOUNDATION 50 MARK WEST SPRINGS ROAD SANTA ROSA, CA 95403 EMPLOYER IDENTIFICATION NUMBER: 94-2581084 FOR THE YEAR ENDING: JUNE 30, 2023 LUTHER BURBANK MEMORIAL FOUNDATION IS MAKING THE DE MINIMIS SAFE-HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F). FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS REVIEWS THE FORM 990 PRIOR TO SUBMITTAL TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS MAINTAINED BY THE BOARD GOVERANCE AND NOMINATING COMMITTEE WHICH INSURES THAT EACH MEMBER UNDERSTANDS THE POLICY AND SIGNS AN ACCEPTANCE AGREEMENT. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S OFFICERS OR KEY EMPLOYEES INCLUDES A FORMAL COMPENSATION STUDY AND REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS OR COMPENSATION/EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 18 THE FOUNDATION PROVIDES PUBLIC DISCLOSURE OF FORM 990 THROUGH ELECTRONICALLY FILED REPORTS THAT ARE THEN AVAILABLE ON THE WEBSITE OF GUIDESTAR, AN ORGANIZATION THAT DISSEMINATES DATA ON NONPROFITS, INCLUDING THEIR FORM 990. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS ARE ALSO PUBLISHED EVERY YEAR ON THE FOUNDATION'S WEB SITE. THE PUBLIC DISCLOSURE POLICY OUTLINES OUR COMMITMENT TO PROVIDE AN OPEN DISCLOSURE TO THE GENERAL PUBLIC. THE FOUNDATION HAS AN OPEN DOOR POLICY TO PUBLIC QUESTIONING. FORM 990, PART XI, LINE 2C: THERE HAVE BEEN NO CHANGES TO THE PROCESS FOR OVERSIGHT OF THE AUDIT OF THE FINANICAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.