2022-09-30T12:47:17-05:00 2021-12-31 221914888 NISIVOCCIA LLP 200 VALLEY RD SUITE 300 MT ARLINGTON NJ 07856 990 2021-01-01 223642107 MONMOUTH COUNTY ARTS COUNCIL INC MONM 7322121890 105 MONMOUTH STREET RED BANK NJ 07701 TERESA STAUB EXECUTIVE DIRECTOR 7322121890 2022-09-27 1 TERESA STAUB 999009999 CHRIS PERROTTA CPA P01450368 9733281825 2022-09-27 0 AAL1 IAL1 2021 2022-09-23 18:48:47Z DAVID STOUT 105 MONMOUTH STREET RED BANK NJ 07701 566034 0 X WWW.MONMOUTHARTS.ORG X 1999 NJ MONMOUTH COUNTY ARTS COUNCIL SUPPORTS ARTISTS AND ARTS GROUPS THROUGH NETWORKING, WORKSHOPS AND RESOURCES; THE MONMOUTH COUNTY TEEN ARTS FESTIVAL; LOCAL ARTS GRANT PROGRAM FOR ARTS GROUPS; AND BY PUBLICIZING ARTS PERFORMANCES & EXHIBITIONS IN EBLASTS AND ON OUR WEBSITE. 20 20 7 250 0 0 389452 433662 64178 85133 1262 5241 0 1218 454892 525254 96700 109779 0 0 270905 275961 0 0 63674 91185 97569 458790 483309 -3898 41945 292921 340159 111408 102804 181513 237355 X MONMOUTH COUNTY ARTS COUNCIL PROVIDES PROGRAMS AND SERVICES THAT SUPPORT THE PRACTICE, PRESENCE, AND INFLUENCE OF THE ARTS AND OF ARTISTS THROUGHOUT MONMOUTH COUNTY. 0 0 350019 109779 86351 MONMOUTH ARTS, THE LEADER OF THE MONMOUTH COUNTY ARTS COMMUNITY, WASFOUNDED IN 1971 AS A NONPROFIT AND SERVES AS THE OFFICIAL COUNTY ARTS AGENCY. MONMOUTH ARTS IS MADE UP OF ARTISTS, ARTS ORGANIZATIONS, CREATIVE BUSINESSES, AND SUPPORTERS OF THE ARTS. MONMOUTH ARTS' PROGRAMS AND THE GROUPS IT SUPPORTS SERVE MORE THAN 750,000 PEOPLE EACH YEAR AND BRING OVER 3,000 ARTS EVENTS TO MONMOUTH COUNTY. MONMOUTH ARTS SUPPORTS ARTISTS AND ARTS PROGRAMS THROUGH NETWORKING EVENTS, WORKSHOPS, AND OTHER RESOURCES: THE ARTHELPS LOCAL ARTS PROGRAM SUPPORTS SMALL ARTS GROUPS AND COMMUNITY ART THROUGH GRANTS; THE MONMOUTH TEEN ARTS FESTIVAL BRINGS 2,000 STUDENT ARTISTS TOGETHER WITH PROFESSIONAL ARTISTS; AND MONMOUTH ARTS' E-BLASTS, SOCIAL MEDIA, X-IT ARTZINE, AND WEBSITE PUBLICIZE THE WIDE RANGE OF ARTS PERFORMANCES AND EXHIBITIONS THAT CAN BE FOUND THROUGHOUT THIS CULTURALLY RICH COUNTY. 350019 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 1 7 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 20 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X X THE ORGANIZATION 7322121890 105 MONMOUTH STREET RED BANK NJ 07701 KELLY BARRATT SECRETARY 2.00 X X 0 0 0 PERRY BENEDUCE TRUSTEE 2.00 X 0 0 0 LUKE BRESLIN TRUSTEE 2.00 X 0 0 0 CHRISTOPHER CURCIA TRUSTEE 2.00 X 0 0 0 LESLIE CURRAN TRUSTEE 2.00 X 0 0 0 KATHY DONNELLY PAST CHAIRMAN 2.00 X 0 0 0 MARGOT GOLDBERG TRUSTEE 2.00 X 0 0 0 PEDER HAGBERG TRUSTEE 2.00 X 0 0 0 MICHELLE KNOX TRUSTEE 2.00 X 0 0 0 RICHARD MURPHY TRUSTEE 2.00 X 0 0 0 KRISTEN PADOVANO TRUSTEE 2.00 X 0 0 0 MELANIE PENNEY TRUSTEE 2.00 X 0 0 0 LYNN REICH TRUSTEE 2.00 X 0 0 0 VICTORIA REIS TRUSTEE 2.00 X 0 0 0 VICKIE SNOY TREASURER 2.00 X X 0 0 0 DAVID STOUT CHAIRMAN 2.00 X X 0 0 0 GINA TORELLO TRUSTEE 2.00 X 0 0 0 MICHELLE WILLIAMS VICE CHAIRMAN 2.00 X X 0 0 0 DARRELL WILLIS TRUSTEE 2.00 X 0 0 0 KRISTEN ZABARSKY TRUSTEE 2.00 X 0 0 0 TERESA STAUB EXECUTIVE DIRECTOR 2.00 X 79800 0 0 79800 0 0 0 0 0 0 0 47291 316057 70314 433662 ARTS FESTIVAL & WORKSH 900099 65878 65878 MEMBERSHIP DUES 900099 19255 19255 85133 5241 5241 40780 47291 40780 0 OTHER INCOME 900099 1218 1218 1218 525254 86351 0 5241 109779 109779 79800 46284 16758 16758 171528 99486 36021 36021 2524 1464 530 530 22109 12823 4643 4643 11065 7746 2766 553 677 677 15026 9354 1622 4050 12726 8908 3182 636 3000 2100 750 150 335 318 17 1020 1020 1602 1121 401 80 5068 3548 1267 253 PROGRAM EXPENSES 24766 24766 MISCELLAENOUS EXPENSES 10649 10010 639 FEES, DUES. AND SUBSCRI 6728 6728 COVID PPE 4907 4907 483309 350019 69616 63674 122248 126979 140845 158230 17517 36037 2359 778 22738 19253 5087 3485 4865 14650 292921 340159 22221 18915 9150 8361 628 80037 74900 111408 102804 X 167513 223355 14000 14000 181513 237355 292921 340159 41945 13897 0 X X 0 1 X 1 0 X 340625 320992 384988 389452 433662 1869719 340625 320992 384988 389452 433662 1869719 1869719 3981 3703 2759 1262 5241 16946 1218 1218 1887883 279813 0.99040 0.99250 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 140845 5000 17385 163230 126480 14365 140845 114627 1826 1237 126480 114881 250 3633 1245 114627 102557 100 13376 1152 114881 0.41717 0.08577 0.49706 0 0 22738 19253 3485 3485 X 591931 13897 12000 40780 66677 525254 0 525254 536089 12000 40780 52780 483309 0 483309 PART V, LINE 4: EARNINGS FROM THE ENDOWMENT FUNDS ARE DESINGATED FOR ART PROGRAMS WITHIN MONMOUTH COUNTY. PART X, LINE 2: THE COUNCIL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISION OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. THE COUNCIL IS ALSO EXEMPT UNDER TITLE 15 OF THE STATE OF NEW JERSEY CORPORATIONS AND ASSOCIATIONS NOT-FOR-PROFIT ACT. ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAX HAS BEEN PRESENTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE COUNCIL FOLLOWS THE PROVISIONS OF FASB ASC, INCOME TAXES. THE STANDARD PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION AS THEY RELATE TO THOSE TAX POSITIONS. THE COUNCIL DOES NOT EXPECT A SIGNIFICANT INCREASE OR DECREASE TO THE TOTAL AMOUNTS OF UNRECOGNIZED TAX POSITIONS DURING THE YEAR ENDED DECEMBER 31, 2021. HOWEVER, THE COUNCIL IS SUBJECT TO AUDIT BY TAX AUTHORITIES INCLUDING A REVIEW OF ITS NONPROFIT STATUS WHICH MANAGEMENT BELIEVES WOULD BE UPHELD UPON EXAMINATION. THE COUNCIL BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE POSITIONS TAKEN ON ITS TAX RETURNS. NONETHELESS, THE AMOUNTS ULTIMATELY PAID, IF ANY, UPON RESOLUTION OF THE ISSUES RAISED BY THE TAXING AUTHORITIES MAY DIFFER MATERIALLY FROM THE AMOUNTS ACCRUED FOR EACH YEAR. AS REQUIRED BY LAW, THE COUNCIL FILES INFORMATIONAL RETURNS WITH BOTH THE UNITED STATES FEDERAL AND STATE OF NEW JERSEY JURISDICTIONS ON AN ANNUAL BASIS - FORM 990 WITH THE INTERNAL REVENUE SERVICE, AND FORM CRI-300R WITH THE STATE. THESE RETURNS ARE SUBJECT TO EXAMINATION BY THESE AUTHORITIES WITHIN CERTAIN STATUTORILY DEFINED PERIODS FOR BOTH FEDERAL AND THE STATE OF NEW JERSEY. GALA 77672 50182 27490 27490 77672 50182 27490 27490 27490 0 1 MONMOUTH CIVIC CHORUS PO BOX 16 RED BANK NJ 07701 226059822 10626 0 OPERATIONS PHOENIX PRODUCTIONS 59 CHESTNUT STREET RED BANK NJ 07701 521569717 9798 0 OPERATIONS JAZZ ARTS PROJECT PO BOX 415 RED BANK NJ 07701 204767964 8088 0 OPERATIONS 3 PART I, LINE 2: MONMOUTH COUNTY ARTS COUNCIL (MCAC) RECEIVES A GRANT FROM THE NEW JERSEY STATE COUNCIL ON THE ARTS. GRANTS ARE AWARDED BASED ON GRANT APPLICATIONS. MCAC STAFF MONITOR THE GRANTEES DURING THE YEAR. A FINAL REPORT IS RECEIVED FROM EACH GRANTEE AT THE END OF THE GRANT PERIOD. FORM 990, PART VI, SECTION A, LINE 6 ARTS GROUPS IN MONMOUTH COUNTY PAY MEMBERSHIP DUES TO THE COUNCIL. FORM 990, PART VI, SECTION A, LINE 7A THE ARTS GROUPS (MEMBERS) ATTEND BOARD MEETINGS. THEY CAN VOTE FOR BOARD MEMBERS AND BYLAW CHANGES. FORM 990, PART VI, SECTION A, LINE 7B ARTS GROUPS CAN APPROVE BYLAW CHANGES. FORM 990, PART VI, SECTION B, LINE 11B MONMOUTH COUNTY ARTS COUNCIL, INC. HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS PROVIDED TO THE MEMBERS OF THE ORGANIZATIONS GOVERNING BODY FOR ANY COMMENTS PRIOR TO ITS SUBMISSION. THE GOVERNING BODY IS PROVIDED WITH A REASONABLE AMOUNT OF TIME TO REVIEW THE FORM 990. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED THROUGH MANAGEMENT TO THE OUTSIDE ACCOUNTING FIRM. ANY APPLICABLE ISSUES ARE ADDRESSED PRIOR TO THE RETURN BEING FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C MONMOUTH COUNTY ARTS COUNCIL, INC. CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH IT REGULARLY MONITORS AND ENFORCES. THE BOARD MANDATES THAT ALL MEMBERS OF MANAGEMENT AND THE GOVERNING BODY ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. IF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST EXISTS, GOVERNING BODY AND MANAGEMENT WILL INVESTIGATE THE ISSUE. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST, MANAGEMENT AND THE GOVERNING BODY WILL BE NOTIFIED IMMEDIATELY. THE MEMBER WILL NOT BE ALLOWED TO VOTE OR BE A PART OF ANY DECISIONS ABOUT ANY SUCH TRANSACTIONS THAT HAVE TO DO WITH THE CONFLICT UNTIL SUCH TIME THAT THERE IS NO LONGER A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE ORGANIZATIONS OFFICERS OR KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES, AN INDEPENDENT BODY. FORM 990, PART VI, SECTION C, LINE 19 MONMOUTH COUNTY ARTS COUNCIL, INC. MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE UPON WRITTEN REQUEST AT THE ORGANIZATIONS OFFICE AT 105 MONMOUTH STREET RED BANK, NJ 07701. IN ADDITION FORM 1023 AS WELL AS THE FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST AT THE ORGANIZATIONS OFFICE AT 105 MONMOUTH STREET RED BANK, NJ 07701. FORM 990 PART XII LINE 2C THERE WAS NO CHANGE FROM THE PRIOR YEAR.