2025-05-14T12:05:39-05:00 2024-06-30 262350873 CALIBER AUDIT & ATTEST LLP 805 AEROVISTA PLACE SUITE 103 SAN LUIS OBISPO CA 93401 990 2023-07-01 770129605 FOUNDATION FOR THE PERFORMING ARTS CENTER FOUN 8055415401 PO BOX 1137 SAN LUIS OBISPO CA 93406 KRISTIN HOOVER EXECUTIVE DIRECTOR 8055415401 2025-05-13 1 1 KIMBERLYN SPILLER CPA P01491937 8058880242 2023 2025-03-06 01:10:19Z KRISTIN HOOVER PO BOX 1137 SAN LUIS OBISPO CA 93406 930407 0 X WWW.FPACSLO.ORG X 1986 CA TO PROVIDE AND PROMOTE AN EXTRAORDINARY AND ACCESSIBLE CENTER FOR THE PERFORMING ARTS THAT ELEVATES THE ARTS IN OUR COMMUNITY. TOGETHER FOUNDATION MEMBERS, WITH OUR PARTNERS, THE CITY OF SAN LUIS OBISPO AND CAL POLY, PROVIDE MORE THAN HALF OF THE CENTER'S $3.1 MILLION BUDGET. THESE CONTRIBUTIONS KEEP THE HALL ACCESSIBLE AND AFFORDABLE AND:1) BRING 9,000 CHILDREN TO SCHOOL ADMISSION-FREE SCHOOL MATINEES;2) PROVIDE LOCAL ARTS GROUPS WITH A 75% DISCOUNT ON CENTER RENTAL RATES;3) GIVE THE OPPORTUNITY TO 6,000 YOUNG ARTISTS WHO HAD A CHANCE TO PERFORM ON A WORLD-CLASS STAGE; AND4) KEEP THE CENTER LIKE-NEW AND STATE-OF-THE-ART 11 11 5 11 0 0 1527956 460811 0 0 162894 235717 90694 2848 1781544 699376 0 783248 0 0 361121 368158 0 0 99148 1290600 438697 1651721 1590103 129823 -890727 8850159 8814362 104138 112362 8746021 8702000 TO PROVIDE AND PROMOTE AN EXTRAORDINARY AND ACCESSIBLE CENTER FOR THE PERFORMING ARTS THAT ELEVATES THE ARTS IN OUR COMMUNITY. 0 0 1101763 783248 CENTER OPERATIONS - AMOUNTS PAID ON BEHALF OF SAN LUIS OBISPO PERFORMING ARTS CENTER FOR PROGRAM EXPENSES, CENTER OPERATION EXPENSES, INTEREST EXPENSE, FURNISHINGS AND EQUIPMENT PURCHASES. 107500 ARTS SEASON - AMOUNTS PAID TO THE CAL POLY ARTS PROGRAM TO SPONSOR THEIR PERFORMING ARTS SEASON WHICH PROVIDES A BROAD PROGRAM OF HIGH QUALITY PROFESSIONAL TOURING PERFORMANCES, EXHIBITIONS AND SPEAKING ENGAGEMENTS, WHILE ALSO ASSISTING WITH EDUCATIONAL NEEDS OF STUDENTS THROUGH VARIOUS ARTIST-IN-RESIDENCY ACTIVITIES AND OFF-CAMPUS SCHOOL OUTREACH EVENTS. 90000 SCHOOL MATINEE - AMOUNTS TO SUPPORT THE SCHOOL MATINEE PROGRAM WHICH GIVES THOUSANDS OF LOCAL CHILDREN FROM ALL LOCAL PUBLIC, PRIVATE AND HOME SCHOOLS THE OPPORTUNITY TO ATTEND EDUCATIONAL, LIVE ARTS PERFORMANCES AT THE PAC EVERY SCHOOL YEAR. 1299263 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 5 0 1 5 1 0 0 0 0 0 1 1 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X KRISTIN HOOVER 8055415401 755 SANTA ROSA STREET SUITE 310 SAN LUIS OBISPO CA 93401 GERI LACHANCE PRESIDENT 8.00 X X 0 0 0 TOM STRAIT VICE PRESIDENT 8.00 X X 0 0 0 MORGEN HOULIS TREASURER 2.00 X X 0 0 0 MAREN HUFTON SECRETARY 1.00 X X 0 0 0 BRANDON DOWNING DIRECTOR 1.00 X 0 0 0 ASHLEY WILKEN DIRECTOR 1.00 X 0 0 0 NICOLE MAININI DIRECTOR 1.00 X 0 0 0 SKYE CHRISTAKOS DIRECTOR 1.00 X 0 0 0 SKYLAR STUCK DIRECTOR 1.00 X 0 0 0 STACY SULLIVAN DIRECTOR 1.00 X 0 0 0 CLAUDE SWAIN DIRECTOR 1.00 X 0 0 0 KRISTIN HOOVER EXECUTIVE DIRECTOR 52.00 X 191932 0 15490 191932 0 15490 1 0 1 0 0 4250 456561 27661 460811 235717 235717 233879 231031 2848 2848 699376 0 0 238565 783248 783248 191932 115159 67176 9597 132507 79504 46378 6625 22541 13525 7889 1127 21178 12707 7412 1059 34177 6181 25093 2903 30000 30000 9424 9424 14646 8788 5126 732 20004 7218 4211 8575 22506 13504 7877 1125 4046 2428 1416 202 11962 7177 4187 598 30954 18572 10834 1548 3418 2051 1196 171 PAC - ARTS SEASON SPONS 107500 107500 PAC - SCHOOL MATINEE PR 90000 90000 COMMUNITY EVENTS & RECE 32378 32378 PRINTING & PUBLICATIONS 18497 18497 9185 1701 2897 4587 1590103 1299263 191692 99148 662713 194486 401397 309900 250000 5804 946 6953 153816 114703 63642 39113 7265643 8063230 205818 194876 8850159 8814362 13325 55165 10517 80296 57197 104138 112362 X 561580 500366 8184441 8201634 8746021 8702000 8850159 8814362 -890727 846706 0 X X 0 1 X 1 0 X 638184 923273 623580 1468446 670045 4323528 638184 923273 623580 1468446 670045 4323528 817247 3506281 172708 1824282 181733 162894 235717 2577334 51570 44100 95670 6996532 0.50110 0.64050 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7531164 1019470 -487406 8063228 6787402 1205041 -461279 7531164 8005204 -1080988 -136814 6787402 6274937 1824282 -94015 8005204 5479644 610136 275345 -70945 -19243 6274937 1.00000 0 0 17816 5903 11913 136000 108800 27200 39113 LEASE LIABILITY 57197 57197 X 1540482 846706 24400 -30000 841106 699376 0 699376 1584503 24400 -30000 -5600 1590103 0 1590103 PART X, LINE 2: THE FOUNDATION'S ACTIVITIES ARE GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D) OF THE CALIFORNIA FRANCHISE TAX CODE. SINCE THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAX LIABILITY, NO PROVISION IS MADE FOR CURRENT OR DEFERRED INCOME TAX EXPENSE. THE ORGANIZATION IS NOT A PRIVATE FOUNDATION. MANAGEMENT IS NOT AWARE OF ANY TRANSACTIONS THAT WOULD IMPACT THE ORGANIZATION'S TAX-EXEMPT STATUS. FOR THE YEAR ENDED JUNE 30, 2024, MANAGEMENT OF THE ORGANIZATION IS NOT AWARE OF ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE ACCOUNTED FOR IN THE FINANCIAL STATEMENTS UNDER THE PRINCIPLES OF THE INCOME TAXES TOPIC OF THE FASB (ASC). THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE. ALL TAX EXEMPT ENTITIES ARE SUBJECT TO REVIEW AND AUDIT BY FEDERAL, STATE AND OTHER APPLICABLE AGENCIES. SUCH AGENCIES MAY REVIEW THE TAXABILITY OF UNRELATED BUSINESS INCOME, OR THE QUALIFICATION OF THE TAX-EXEMPT ENTITY UNDER THE INTERNAL REVENUE CODE AND APPLICABLE STATE STATUTES. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES NET WITH REVENUE FOR FINANCIAL STATEMENTS PART XII, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES NET WITH REVENUE FOR FINANCIAL STATEMENTS JEWEL BENEFIT CONCERT 209244 209244 9119 150000 53931 AUCTION EVENT 24635 24635 17981 233879 233879 9119 150000 71912 231031 2848 0 CAL POLY CORPORATION 1 GRANDE AVENUE BUILDING 15 SAN LUIS OBISPO CA 93401 951648180 501(C)(3) 783248 0 N/A N/A CENTER OPERATIONS, ARTS SEASON, STUDENT MATINEE 1 0 0 0 0 0 0 0 0 0 KRISTIN HOOVER EXECUTIVE DIRECTOR 171932 0 20000 0 0 0 15490 0 0 0 207422 0 0 0 X 1 3534 ACTIVE MARKET PRICE X DONATED GOODS FOR EVENT 3 24127 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS FOUNDATION'S EXECUTIVE OFFICER AND BOARD OF DIRECTORS REVIEW TAX RETURN PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH EMPLOYEE, BOARD MEMBER AND ALL COMMITTEE MEMBERS COMPLETE AND SIGN A WRITTEN CONFLICT OF INTEREST STATEMENT. EXECUTIVE BOARD REVIEWS CONFLICT OF INTEREST STATEMENTS FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS REVIEWS AND SETS THE COMPENSATION FOR THE EXECUTIVE DIRECTOR FORM 990, PART VI, SECTION C, LINE 19 PUBLIC INFORMATION IS AVAILABLE UPON REQUEST FORM 990, PART XI, LINE 2C, FINANCIAL STATEMENTS AND REPORTING: THE OVERSIGHT PROCESS BY THE EXECUTIVE OFFICER AND BOARD OF DIRECTORS DID NOT CHANGE THIS YEAR.