2022-06-29T14:15:48-05:00 2021-06-30 050409384 KAHN LITWIN RENZA & CO LTD 951 NORTH MAIN STREET PROVIDENCE RI 02904 990 2020-07-01 050377244 PROVIDENCE PERFORMING ARTS CENTER PROV 4014212997 220 WEYBOSSET STREET PROVIDENCE RI 02903 JUDY FERREIRA CFO 4014212997 2022-06-29 1 JUDY FERREIRA 999009999 SANDY ROSS P01399337 4012742001 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z X JUDY FERREIRA 220 WEYBOSSET STREET PROVIDENCE RI 02903 34527783 0 X WWW.PPACRI.ORG X 1978 RI TO PRESERVE THE HISTORIC INTEGRITY AND BEAUTY OF THE BUILDING; TO SERVE THE ENTERTAINMENT NEEDS OF THE STATE'S VARIOUS POPULATIONS BY PRESENTING THE WIDEST POSSIBLE VARIETY OF HIGH PERFORMING ARTS AND CULTURAL EVENTS; TO MAINTAIN FISCAL RESPONSIBILITY. 39 38 315 202 0 0 354340 1970139 23320759 876442 3139335 3581854 953019 -12682 27767453 6415753 0 0 0 0 4065985 2583429 0 0 0 20946843 2920156 25012828 5503585 2754625 912168 50620239 60339939 6778158 12182413 43842081 48157526 X TO PRESERVE THE HISTORIC INTEGRITY AND BEAUTY OF THE BUILDING; TO SERVE THE ENTERTAINMENT NEEDS OF THE STATE'S VARIOUS POPULATIONS BY PRESENTING THE WIDEST POSSIBLE VARIETY OF HIGH PERFORMING ARTS AND CULTURAL EVENTS; TO MAINTAIN FISCAL RESPONSIBILITY. 0 0 2697322 707692 TO PRESERVE THE HISTORIC INTEGRITY AND BEAUTY OF THIS BUILDING; TO SERVE THE ENTERTAINMENT NEEDS OF THE STATES VARIOUS POPULATIONS BY PRESENDING THE WIDEST POSSIBLE VARIETY OF HIGH PERFORMING ARTS AND CULTURAL EVENTS; TO MAINTAIN FISCAL RESPONSIBILITY. 313911 168750 COMMUNITY OUTREACH PROGRAMS INCLUDE: BANK OF AMERICA ARTS SHOWCASE ENABLES APPROXIMATELY 10,000 MIDDLE SCHOOL STUDENTS TO ATTEND PPAC TO EXPERIENCE JOY AND CREATIVITY OF LIVE THEATER. BOOKS TO BROADWAY EXPOSES MIDDLE AND HIGH SCHOOL STUDENTS TO THE THEATRE BY PROVIDING UNDERWRITIEN TICKETS TO BROADWAY SHOWS COMBINED WITH A CAST MEMBER "MEET & GREET". SEATS FOR SERVICE MEMBERS GIVES MEMBERS OF THE RI NATIONAL GUARD/USO NEW ENGLAND AND THEIR FAMILIES THE OPPORTUNITY TO EXPERIENCE LIVE THEATRE BY PROVIDING UNDERWRITIEN "PREFERRED SEATING" TO PPAC'S BROADWAY PERFORMANCES THROUGHOUT THE YEAR. WONDERS OF THE WURLITZER IS A FREE CONCERT SERIES. PEOPLE OF ALL AGES COME TO LISTEN TO THE MUSIC PERFORMED BY LOCAL ORGANISTS PLAYED ON PPAC'S ONE-OF-A-KIND 1927 WURLITZER PIPE ORGAN. PPAC'S ARTS SCHOLARSHIPS PROGRAMS HAVE PROVIDED FINANCIAL ASSISTANCE TO QUALIFIED, TALENTED RI STUDENTS WHO WISH TO ATIEND LOCAL, SUMMER ARTS EDUCATION PROGRAMS THAT FURTHER DEVELOP THEIR ABILITIES IN A CHOSEN AREA OF STUDY. BIG DREAMS BEGIN WITH BROADWAY OFFERS PRIME ORCHESTRA SEATS FOR BROADWAY PERFORMANCES TO BIG BROTHERS BIG SISTERS OF RHODE ISLAND TO DISTRIBUTE TO THEIR MENTORS AND CHILDREN. EXPERIENCE PPAC CREATES THE OPPORTUNITY FOR EVERY 10TH GRADE STUDENT IN RHODE ISLAND TO SEE A SELECT TOURING BROADWAY PERFORMANCE AT NO COST. SHOW STUDY GUIDES WILL BE PROVIDED TO SCHOOLS PRIOR TO THEIR ATIENDANCE SO THAT THEY CAN ENGAGE IN THE EDUCATIONAL MATERIAL CREATIVE CONCEPTS PRIOR TO ATTENDING. 3011233 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 15 0 1 315 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 39 38 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 RI X X JUDY FERREIRA 4014212997 220 WEYBOSSET STREET PROVIDENCE RI 02903 JOSEPH W WALSH ESQ CHAIRMAN 0.30 0.00 X X 0 0 0 MARK T RYAN ESQ FIRST VICE CHAIRMAN 0.30 0.00 X X 0 0 0 THOMAS A TANURY SECOND VICE CHAIRMAN 0.30 0.00 X X 0 0 0 ELLEN BARNES SECRETARY 0.30 0.00 X X 0 0 0 LOWELL W KINCH TREASURER 0.30 0.00 X X 0 0 0 RICHARD L BREADY DIRECTOR 0.20 0.00 X 0 0 0 GABRIELLA DIGIACINTO CAPRIO DIRECTOR 0.20 0.00 X 0 0 0 DARREN CORRENTE ESQ DIRECTOR 0.20 0.00 X 0 0 0 JASON M DAPONTE DIRECTOR 0.30 0.00 X 0 0 0 RICHARD DICHIARO DIRECTOR 0.30 0.00 X 0 0 0 ALISON EICHLER DIRECTOR 0.20 0.00 X 0 0 0 THOMAS P FAY DIRECTOR 0.20 0.00 X 0 0 0 JANET S FOGARTY DIRECTOR 0.20 0.00 X 0 0 0 DAVID A FONTAINE DIRECTOR 0.20 0.00 X 0 0 0 DAVUD L FRIED MD DIRECTOR 0.20 0.00 X 0 0 0 GARY E FURTADO DIRECTOR 0.20 0.00 X 0 0 0 BURNELL GOLDMAND DIRECTOR 0.20 0.00 X 0 0 0 CYNTHIA LAUGHLIN DIRECTOR 0.20 0.00 X 0 0 0 BARBARA S LAVINE DIRECTOR 0.20 0.00 X 0 0 0 PAUL A MACDONALD DIRECTOR 0.20 0.00 X 0 0 0 ROBIN L MAIN ESQ DIRECTOR 0.20 0.00 X 0 0 0 DONNA MESOLELLA DIRECTOR 0.20 0.00 X 0 0 0 RICK METTERS DIRECTOR 0.20 0.00 X 0 0 0 TORRENCE P MORAN DIRECTOR 0.20 0.00 X 0 0 0 GEORGE H NEE DIRECTOR 0.20 0.00 X 0 0 0 GARY M PENFIELD DIRECTOR 0.20 0.00 X 0 0 0 LAWRENCE E PURTILL DIRECTOR 0.20 0.00 X 0 0 0 DAVID SALIT DIRECTOR 0.20 0.00 X 0 0 0 FRANK SANCHEZ DIRECTOR 0.20 0.00 X 0 0 0 CHRIS SATTI DIRECTOR 0.20 0.00 X 0 0 0 STEPHEN SCHECHTMAN ESQ DIRECTOR 0.20 0.00 X 0 0 0 ROBERT STOICO DIRECTOR 0.20 0.00 X 0 0 0 ROBERT VINCENT DIRECTOR 0.20 0.00 X 0 0 0 SUSAN WEINER DIRECTOR 0.20 0.00 X 0 0 0 JOHN HAZEN WHITE JR DIRECTOR 0.20 0.00 X 0 0 0 WILLIAM A WHITE DIRECTOR 0.30 0.00 X 0 0 0 PATRICK WHOLEY DIRECTOR 0.20 0.00 X 0 0 0 WILLIAM K WRAY DIRECTOR 0.20 0.00 X 0 0 0 JAMES L SINGLETON PRESIDENT 29.20 35.80 X 268110 661547 50150 JUDY FERRIEIRA CFO 29.20 35.80 X 100140 132623 33298 ALAN J CHILLE GENERAL MANAGER 35.80 29.20 X 122378 190787 25662 AMANDA BONAFINE DIRECTOR OF CONCERTS 13.00 52.00 X 110249 51094 21222 PAULA PROKOP DIRECTOR OF MARKETING 61.80 3.20 X 112366 102403 20714 DONNA SANTOS DIRECTOR OF TICKETING 26.00 39.00 X 100185 145387 22569 813428 1283841 173615 6 0 1 0 CONSIGLI CONSTRUCTION CO 72 SUMMER ST MILFORD MA 01757 CONSTRUCTION FOR FACADE 658170 FIDDLER COMPANY 7135 MINSTREL WAY COLUMBIA MD 21045 SHOW ROYALTIES 649418 ELEGANCE TOUR INC 234 WEST 44TH STREET NEW YORK NY 10036 SHOW ROYALTIES 412788 PABCO CLAY PRODUCTS LLC PO BOX 419074 RANCHO COROVA CA 95741 STONEWORK FOR FACADE 327745 SOUND ASSOCIATIES 979 SAW MILL RIVER ROAD YONKERS NY 10710 SOUND EQUIPMENT 215140 6 X 1185139 785000 1970139 PROGRAM SHOWS AND THEATRE 711130 707692 707692 MANAGEMENT FEES 711130 168750 168750 876442 611185 611185 31067563 28096894 2970669 2970669 2970669 2454 15136 -12682 -12682 6415753 876442 0 3569172 560039 236579 323460 1429373 533542 895831 105008 38994 66014 311573 119985 191588 177436 68519 108917 39914 39914 37000 37000 149444 149444 130608 83469 47139 22657 18338 4319 152187 13756 138431 184842 7909 176933 402086 366836 35250 23980 23980 1455661 1164529 291132 137556 137556 BANK & CREDIT CARD FEES 132698 132698 SHOW EXPENSES 51523 51523 5503585 3011233 2492352 0 X 11108680 11969568 303551 362636 59245 46477 186030 372258 37720965 25033610 11738878 12687355 26481155 33957272 70100 70100 672600 874273 50620239 60339939 844711 1037654 4240187 9740964 1015700 527622 677560 876173 6778158 12182413 X 43717045 48157526 125036 0 43842081 48157526 50620239 60339939 X 912168 3403277 0 X X 0 1 X 1 0 X 557100 619779 289000 260340 1970139 3696358 21820723 16667590 19985054 23127008 878896 82479271 22377823 17287369 20274054 23387348 2849035 86175629 0 0 0 86175629 3430141 495762 659823 2767278 611185 7964189 3430141 495762 659823 2767278 611185 7964189 25807964 17783131 20933877 26154626 3460220 94139818 0.91540 0.92890 0.08460 0.07050 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 37000 37000 0 PART II-B, LINE 1: PPAC HIRED A LOBBYIST IN RELATION TO SCALPER TICKETS LEGISLATION AND TO MONITOR POTENTIAL OPTIONS FOR SALES TAX ON TICKETS SOLD. 26308928 6656438 32965366 23550942 2012942 862132 117091 26308925 22557590 21027 1073886 101561 23550942 20900990 16867 1535318 104415 22348760 14974360 3997071 2015997 86438 20900990 1.00000 0.00000 0.00000 0 0 676451 676451 37044514 25033610 12010904 12687355 DEFERRED COMP LIAB 876173 876173 X PART V, LINE 4: THE ORGANIZATION HAS ESTABLISHED THE BOARD-DESIGNATED FUND AS A PERPETUAL ENDOWMENT TO PROVIDE ANNUAL DRAWDOWNS FROM TOTAL RETURN TO SUPPLEMENT THE ORGANIZATION OPERATING BUDGET WHEN NEEDED, AS WELL AS CAPITAL FOR EXTRAORDINARY USES FROM TIME TO TIME. THE BOARD HAS ADOPTED INVESTMENT OBJECTIVES AND SPENDING POLICIES TO ENSURE A TOTAL RETURN OF CAPITAL NECESSARY TO PRESERVE AND ENHANCE THE PRINCIPAL OF THE FUNDS AND AT THE SAME TIME PROVIDE A DEPENDABLE SOURCE OF INCOME FOR CURRENT OPERATIONS AND PRGRAMS, IF NECESSARY. PART X, LINE 2: PPAC QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS A NOT-FOR-PROFIT ENTITY, PPAC IS SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT),IF APPLICABLE. IN ACCORDANCE WITH FASB ASC 740, INCOME TAXES, PPAC APPLIES THE "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION AND DERECOGNITION OF TAX POSITIONS FOR ITS CONSOLIDATED FINANCIAL STATEMENTS. MANAGEMENT HAS EVALUATED PPAC'S TAX POSITIONS AND HAS CONCLUDED THAT THERE WERE NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THESE CONSOLIDATED FINANCIAL STATEMENTS. PFM IS ORGANIZED AS A FOR-PROFIT TAXABLE ENTITY. IMPACT, PFO AND PFM, LLC, LIMITED LIABILITY COMPANIES, FILE A CONSOLIDATED INCOME TAX RETURN WITH PFM. DEFERRED INCOME TAXES ARE PROVIDED USING THE ASSET AND LIABILITY METHOD WHEREBY DEFERRED TAX ASSETS ARE RECOGNIZED FOR DEDUCTIBLE TEMPORARY DIFFERENCES, AND OPERATING LOSS AND TAX CREDIT CARRYFORWARDS, AND DEFERRED TAX LIABILITIES ARE RECOGNIZED FOR TAXABLE TEMPORARY DIFFERENCES. TEMPORARY DIFFERENCES ARE THE DIFFERENCES BETWEEN THE REPORTED AMOUNTS OF ASSETS AND LIABILITIES, AND THEIR TAX BASES. DEFERRED TAX ASSETS AND LIABILITIES ARE ADJUSTED FOR THE EFFECTS OF CHANGES IN TAX LAWS AND RATES ON THE DATE OF ENACTMENT. DEFERRED TAX ASSETS ARE REDUCED BY A VALUATION ALLOWANCE WHEN, IN THE OPINION OF MANAGEMENT, IT IS MORE LIKELY THAN NOT THAT SOME PORTION OR ALL OF THE DEFERRED TAX ASSETS WILL NOT BE REALIZED. WHEN TAX RETURNS ARE FILED, IT IS HIGHLY CERTAIN THAT SOME POSITIONS TAKEN WILL BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHERS ARE SUBJECT TO UNCERTAINTY ABOUT THE MERITS OF THE POSITION TAKEN OR THE AMOUNT OF THE POSITION THAT WILL BE ULTIMATELY SUSTAINED. THE BENEFIT OF A TAX POSITION IS RECOGNIZED IN THE FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESSES, IF ANY. TAX POSITIONS THAT MEET THE MORE-LIKELY-THAN-NOT THRESHOLD ARE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS MORE THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT WITH THE APPLICABLE TAXING AUTHORITY. THE PORTION OF THE BENEFITS ASSOCIATED WITH TAX POSITIONS TAKEN THAT EXCEEDS THE AMOUNT MEASURED AS DESCRIBED ABOVE, IF ANY, IS REFLECTED AS A LIABILITY FOR UNRECOGNIZED TAX BENEFITS IN THE ACCOMPANYING CONSOLIDATED STATEMENTS OF FINANCIAL POSITION, ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. MANAGEMENT HAS EVALUATED PFM'S TAX POSITIONS AND HAS CONCLUDED THAT THERE WERE NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THESE CONSOLIDATED FINANCIAL STATEMENTS. INTEREST AND PENALTIES ASSOCIATED WITH UNRECOGNIZED TAX BENEFITS, IF ANY, ARE CLASSIFIED IN THE PROVISION FOR INCOME TAXES. X X X X X X 0 0 0 0 0 0 1 0 0 JAMES L SINGLETON PRESIDENT 268110 192000 0 469547 0 0 24500 14000 11650 0 304260 675547 0 0 ALAN J CHILLE GENERAL MANAGER 112378 49263 10000 141524 0 0 11238 4926 9498 0 143114 195713 0 0 DONNA SANTOS DIRECTOR OF TICKETING 100185 32562 0 112825 0 0 10019 3256 9294 0 119498 148643 0 0 JUDY FERRIEIRA CFO 100140 29629 0 102994 0 0 10014 2963 20321 0 130475 135586 0 0 PAULA PROKOP DIRECTOR OF MARKETING 112366 0 0 102403 0 0 11238 0 9476 0 133080 102403 0 0 AMANDA BONAFINE DIRECTOR OF CONCERTS 110249 6994 0 44100 0 0 11025 699 9498 0 130772 51793 0 0 PART I, LINE 6 THE BONUS RECEIVED FROM PROFESSIONAL FACILITIES MANAGEMENT IS CALCULATED UPON A FORMULA BASED UPON THE NET EARNINGS OF THE ENTITY. ADDITIONALLY, THE BONUS PAID BY THE ENTITY IS CAPPED AT A SUM THAT ENSURES THAT THE SALARY, BENEFITS AND BONUSES RECEIVED FROM ALL RELATED ENTITIES DOES NOT EXCEED $990,000. RICHARD E DICHARIO BOARD MEMBER OF PPAC AND MANAGING DIRECTOR OF RBC WEALTH MANAGEMENT 991907 THE ORGANIZATION HOLDS TWO INVESTMENT ACCOUNTS WITH RBC WEALTH MANAGEMENT. THE ORGANIZATION S DECISION TO CONDUCT ITS INVESTING TRANSACTIONS WITH RBC WEALTH MANAGEMENT IS BASED UPON THE CONVENIENCE OF AVAILABLE TERMS AND CONDITIONS, AND NOT THE RELATIONSHIP WITH ITS BOARD MEMBER. THE TRANSACTION AMOUNT REPORTED REFLECTS THE ORGANIZATIONS BALANCE AT THE END OF THE FISCAL YEAR. 0 RICHARD E DICHARIO BOARD MEMBER OF PPAC AND MANAGING DIRECTOR OF RBC WEALTH MANAGEMENT 4377 INVESTMENT FEES PAID ON PORTFOLIO ACTIVITY TO TBC 0 FORM 990, PART 1, SUMMARY, PG. 1, LINE 3 AND 4 THE RETURN IS BEING AMENDED TO INCLUDE THE NUMBER OF VOTING MEMBERS, THIS WAS ACCIDENTLY OMMITTED FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE PREPARED BY PPAC'S INDEPENDENT ACCOUNTANT ACCORDING TO INPUT FROM MANAGEMENT, BY OCTOBER 30TH OF EACH YEAR (OR LATER IF THE RETURN IS EXTENDED), THE PPAC FINANCE COMMITTEE WILL REVIEW THE PREPARED FORM AND REVIEW ALL MATERIAL ASPECTS OF THE FORM WITH MANAGEMENT. THE PPAC BOARD HAS GIVEN AUTHORITY TO THE FINANCE COMMITTEE TO REVIEW AND APPROVE THE DOCUMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST FORM ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 PPAC HAS A COMPENSATION REVIEW COMMITTEE COMPOSED OF THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE IS COMPOSED OF THE BOARD CHAIRMAN, 1ST VICE CHAIRMAN, SECOND VICE CHAIRMAN, TREASURER, AND SECRETARY. THE COMPENSATION REVIEW COMMITTEE WILL MEET ANNUALLY TO REVIEW COMPENSATION OF KEY EMPLOYEES. KEY EMPLOYEES ARE DEFINED AS EMPLOYEES WHOSE COMPENSATION EXCEEDS $100,000 A YEAR (OR CURRENT 990 REQUIREMENT) AND OR HAVE A SIGNIFICANT ROLE IN THE OPERATION OF THE ORGANIZATION. THE THRESHOLD OF EARNINGS WILL INCLUDE ALL COMPENSATION INCLUDING ANY BASE SALARY, COMMISSIONS, INCENTIVE OR BONUS PAY. COMPENSATION ALSO INCLUDES EARNINGS FROM ANY WHOLLY OR MAJORITY OWNED SUBSIDIARY OPERATIONS. EVERY FOUR YEARS OR SOONER IF THE COMMITTEE SO DECIDES, THE COMMITTEE WILL COMMISSION A KEY EMPLOYEE COMPENSATION STUDY TO BE COMPLETED BY AN INDEPENDENT CONSUL TANT WHO WILL COMPARE KEY EMPLOYEE COMPENSATION TO OTHER ORGANIZATIONS OF SIMILAR SCOPE AND SIZE. FINDINGS OF THE COSULTANT WILL BE SUBMITTED TO THE COMPENSATION REVIEW COMMITTEE. MINUTES REFLECTING THE DELIBERATIONS OF THE COMMITTEE WILL BE KEPT IN ADDITION TO THE DOCUMENTED RESULTS OF THE STUDY AND WILL BE RETAINED BY THE ORGANIZATIONS AS A PERMANENT RECORD. FORM 990, PART VI, SECTION C, LINE 19 A COPY OF THE FORM 990 WILL BE KEPT ON FILE AT PPAC FOR THE REVIEW OF ANY BOARD MEMBER AT ANY TIME, OIR MEMBER OF THE GENERAL PUBLIC. A COPY OF THE FORM 990 WILL ALSO BE POSTED ON WWW.GUIDESTAR.COM FORM 990, PART VIII, LINE 3 INVESTMENT INCOME THE RETURN IS BEING AMENDED TO ADJUST INVESTMENT INCOME WHICH WAS DECREASED BY $22,461 FORM 990, PART VIII, LINE 7D NET GAIN THE RETURN IS BEING AMENDED TO ADJUST NET GAIN WHICH WAS INCREASED BY $22,446 FORM 990, AMENDED RETURN THE FORM 990 WAS FILED BEFORE THE COMPLETION OF THE AUDIT. AS A RESULT, THE INFORMATION FILED IN THE ORIGINAL FORM 990 WAS ADJUSTED TO INCORPORATE THE AUDITED AMOUNTS. AS A RESULT, THE FOLLOWING INFORMATION WAS AMENDED: PAGE 1, CHANGES: LINE G GROSS RECEIPTS DECREASED BY $22,461 PART I: LINE 3 VOTING MEMBERS INCREASED TO 39 LINE 4 INDEPENDENT VOTING MEMBERS TO 38 LINE 10 INVESTMENT INCOME DECREASED BY $ 15 LINE 11 OTHER REVENUE INCREASED BY $250 LINE 12 TOTAL REVENUE INCREASED BY $235 LINE 15 SALARIES INCREASED BY $250 LINE 18 TOTAL EXPENSES INCREASED BY $250 LINE 19 REVENUE LESS EXPENSES DECREASED BY $ 15 PAGE 2, PART III: LINE 4A AND 4E PROGRAM EXPENSES INCREASED BY $101,120 PAGE 6, PART VI, SECTION A: LINE 1A VOTING MEMBERS INCREASED TO 39 LINE 1B INDEPENDENT VOTING MEMBERS TO 38 PAGE 9, PART VIII, STATEMENT OF REVENUE: LINE 3 INVESTMENT INCOME DECREASED BY $22,446 LINE 7C(I) GAIN/LOSS - SECURITIES DECREASED BY $22,446 LINE 12 TOTAL REVENUE INCREASED BY $ 235 PAGE 10, PART IX, STATEMENT OF FUNCTIONAL EXPENSES: LINE 25, COLUMN (A) TOTAL EXPENSES INCREASED $ 250 LINE 25, COLUMN (B) TOTAL PROGRAM EXPENSES INCREASED BY $101,120 LINE 25, COLUMN (C) TOTAL MANAGEMENT EXPENSES DECREASED BY $100,870 PAGE 11, PART X, BALANCE SHEET: LINE 1 CASH DECREASED BY $1,028,400 LINE 11 INVESTMENTS DECREASED BY $1,028,400 LINE 27 NET ASSETS WITHOUT DONOR RESTRICTION INCREASED BY $ 125,036 LINE 28 NET ASSETS WITH DONOR RESTRICTION DECREASED BY $ 125,036 PAGE 12, PART XI, RECONCILIATION OF NET ASSETS: LINE 1 TOTAL REVENUE INCREASED BY $235 LINE 2 TOTAL EXPENSES INCREASED BY $250 LINE 3 REVENUE LESS EXPENSES DECREASED BY $ 15 LINE 5 NET UNREALIZED GAINS (LOSSES) INCREASED BY $ 15 SCHEDULE A, PAGE 3, PART III: LINE 10A, 10C AND 13 COLUMN (E) AND (F) DECREASED BY $21,583 SCHEDULE R, PAGE 2, PART IV: PROFESSIONAL FACILITIES MANAGEMENT COLUMN (F) INCREASED BY $6,197,025, COLUMN (G) INCREASED BY $225,192. FORM 990, PART X, BALANCE SHEET, PG. 11, LINE 11 THE RETURN IS BEING AMENDED TO ADJUST INVESTMENTS-PUBLICLY TRADED WHICH WAS INCREASED BY $1,028,400 FORM 990, PART X, BALANCE SHEET, PG. 11, LINE 27 THE RETURN IS BEING AMENDED TO ADJUST NET ASSETS WITHOUT DONOR RESTRICTIONS WHICH WAS INCREASED BY $125,036 FORM 990, PART XII, LINE 2: THE FINANCE COMMITTEE HAS AN ANNUAL MEETING WITH THE INDEPENDENT AUDITORS TO REVIEW FINANCIAL STATEMENTS AND ANY FINDINGS. THE FINANCE COMMITTEE ALSO ASSUMES RESPONSIBILITY IN THE SELECTION OF THE INDEPENDENT ACCOUNTANTS. FORM 990, PART XI, LINE 5 UNREALIZED GAIN/LOSSES THE RETURN IS BEING AMENDED TO ADJUST UNREALIZED GAIN/LOSSES WHICH WAS INCREASED BY $15 FORM 990-T THE RETURN IS BEING AMENDED TO INCLUDE THE FORM 990-T, THIS WAS ACCIDENTLY OMITTED. PROFESSIONAL FACILITIES OPERATIONS 220 WEYBOSSET ST PROVIDENCE RI 02903 822364577 HOLDING COMPANY RI PROFESSIONAL FACILTIES MANAGEMENT INVESTMENT 0 0 1.00000 PFM LLC 220 WEYBOSSET ST PROVIDENCE RI 02903 263264542 FACILITY MANAGEMENT RI PROFESSIONAL FACILTIES MANAGEMENT INVESTMENT 0 0 1.00000 IMPACT PERFORMING ARTS CONSULTING LLC 220 WEYBOSSET ST PROVIDENCE RI 02903 814491313 HOLDING COMPANY RI PROFESSIONAL FACILTIES MANAGEMENT INVESTMENT 0 0 1.00000 PROFESSIONAL FACILITIES MANAGEMENT 220 WEYBOSSET ST PROVIDENCE RI 02903 050443372 FACILITY MANAGEMENT RI PROVIDENCE PERFORMING ARTS CENTER C 9676928 27875858 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0