2022-11-10T13:37:27-06:00 2021-12-31 135565207 KPMG LLP 345 PARK AVENUE NEW YORK NY 10154 990 2021-01-01 134923060 AMERICAN KENNEL CLUB INC AMER 2126968200 101 PARK AVENUE 5TH FL NEW YORK NY 10178 THEODORE PHILLIPS CFO 2126968200 2022-11-10 1 THEODORE PHILLIPS XXX-XX-XXXX OMO-OSE JOSEPH-ERAMEH P02534927 2127589700 2022-11-09 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z THEODORE PHILLIPS 121198128 0 X WWW.AKC.ORG X 1884 NY AKC IS A PUREBRED DOG REGISTRY DEDICATED TO PROMOTING THE SPORT OF PUREBRED DOGS, SEE SCHEDULE O. 13 13 452 0 12736611 3248383 92855 452 67575714 81448794 1032004 16403988 14558424 18949736 83258997 116802970 3123092 5125219 0 0 34682090 34431089 0 0 0 34935063 38661294 72740245 78217602 10518752 38585368 153435906 205607464 96291581 83451026 57144325 122156438 X AKC IS A PUREBRED DOG REGISTRY DEDICATED TO PROMOTING THE SPORT OF PUREBRED DOGS, RESPONSIBLE DOG BREEDING, CANINE HEALTH & WELL-BEING, AND THE RIGHTS OF ALL DOG OWNERS; SEE SCHEDULE O. 0 0 20238435 59406215 DOG & LITTER REGISTRATIONS:REGISTRATION AND CERTIFICATION OF PUREBRED DOGS AND LITTERS, CONTRIBUTED TO ACCURATE GENEALOGY RECORDS AND ADVANCED THE QUALITY OF EACH BREED. EDUCATING THE DOG-LOVING PUBLIC ABOUT RESPONSIBLE OWNERSHIP AND BREEDING, PROVIDING KNOWLEDGE AND GUIDANCE ABOUT PROPER CARE, HEALTH AND TRAINING FOR ALL DOGS. 20159198 15365441 DOG EVENTS, PERFORMANCE, AND JUDGING:CONFORMATION, COMPANION, AND PERFORMANCE EVENTS FUNCTIONS AS PERFORMANCE EVALUATIONS OF BREEDS (22,413 EVENTS HELD) AND PROMOTES PARTICIPATION OF RESPONSIBLE OWNERSHIP IN NUMEROUS TYPES OF COMPETITIVE DOG EVENTS THROUGHOUT THE NATION. 18534153 5125219 635445 PUBLIC EDUCATION AND CANINE WELFARE: EDUCATING THE PUBLIC ABOUT RESPONSIBLE OWNERSHIP AND BREEDING, PROVIDING KNOWLEDGE AND GUIDANCE ABOUT PROPER CARE, HEALTH, AND TRAINING FOR ALL DOGS, AS WELL AS SUPPORT FOR CHARITABLE CAUSES FURTHERING CANINE WELFARE. 4082262 5565424 CANINE SERVICES AND PRODUCTS:DELIVERY OF CANINE RECOVERY SERVICES, PET CARE SERVICES, ADVISORY SERVICES AND DOG PRODUCTS TO SUPPORT DOG OWNERSHIP AND WELLNESS. 4082262 5565424 63014048 0 0 0 1 0 0 1 0 1 1 1 0 1 1 1 0 1 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 223 0 452 1 1 1 0 0 0 1 1 0 0 0 0 0 1 0 X 13 13 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X PETER ROHSLAU 2126968200 101 PARK AVENUE 5TH FL NEW YORK NY 10178 RITA J BIDDLE DIRECTOR 5.00 5.00 X 12000 0 0 DOMONIC P CAROTA VICE-CHAIR/DIRECTOR 5.00 0.00 X X 12000 0 0 DR THOMAS DAVIES CHAIR/DIRECTOR 5.00 0.00 X X 12000 0 0 DANIEL SMYTH DIRECTOR 5.00 0.00 X 12000 0 0 DR CHARLES GARVIN DIRECTOR 5.00 0.00 X 12000 0 0 KAROLYNNE M MCATEER DIRECTOR 5.00 5.00 X 12000 0 0 DR MICHAEL KNIGHT DIRECTOR 5.00 0.00 X 12000 0 0 THOMAS S POWERS DIRECTOR 5.00 0.00 X 12000 0 0 CHRISTOPHER L SWEETWOOD DIRECTOR 5.00 0.00 X 12000 0 0 HAROLD TATRO III DIRECTOR 5.00 5.00 X 12000 0 0 ANN WALLIN DIRECTOR 5.00 5.00 X 12000 0 0 STEVEN HAMBLIN DIRECTOR 5.00 0.00 X 12000 0 0 DR CARMEN BATTAGLIA DIRECTOR 5.00 5.00 X 12000 0 0 DENNIS B SPRUNG PRESIDENT & CEO 50.00 0.00 X 1336058 0 -73428 GINA M DINARDO EXECUTIVE SECRETARY 50.00 3.00 X 506690 0 33786 THEODORE PHILLIPS CFO 50.00 5.00 X 329845 0 35317 MARK DUNN EXECUTIVE VP 50.00 5.00 X 517559 0 38409 DOUG V LJUNGREN EVP, SPORTS & EVENTS 50.00 1.00 X 375317 0 49185 KRISTEN BAHLKE VP PUREBRED CONSUMER DEMAND 50.00 0.00 X 234842 0 21805 RON H FURMAN DIRECTOR OF SALES 50.00 0.00 X 391015 0 30197 BRANDI HUNTER MUNDEN VP, PR & COMMUNICATIONS 50.00 2.00 X 230129 0 18987 DAPHNA STRAUS VP, BUS DEVELOPMENT 50.00 3.00 X 241740 0 -1821 HEATHER MCMANUS VP & DEPUTY GEN COUNSEL 50.00 0.00 X 325311 0 8632 4644506 0 161069 60 0 1 0 B LIVE LLC 253 36TH STREET 6TH FL BROOKLYN NY 11232 PRODUCTION COSTS 2231417 SIR JOHN SPURLING 34 BRYANSTON SQUARE LONDON UK W1H 2DY COMMISSION 2069885 ISTHMUS INC PO BOX 601690 CHARLOTTE NC 28260 TECHNOLOGY/SOFTWARE 1497470 USPS DATA-PAC 1217 BAY ROAD WEBSTER NY 14580 POSTAGE 1490000 THIRD PARTY PET FULFILLMENT 1733 PARK ST SUITE 300 NAPERVILLE IL 60563 WAREHOUSE FULFILLMENT 754776 59 452 452 DOG REGISTRATIONS 59406215 59406215 DOG EVENTS, PERFORMANC 15365441 15365441 PRODUCT & SERVICE SALE 6041693 5526316 515377 PUBLIC EDUCATION & CAN 635445 635445 81448794 1409593 229794 1179799 3500734 3500734 15635480 641085 14994395 14994395 14994395 6121853 3754073 2367780 1676531 691249 ADV & SPONSORSHIP 13081222 10314909 2766313 13081222 116802970 80933417 12736611 23132490 5050469 5050469 74750 74750 3304737 1638581 1666156 22699945 19111125 3588820 3029046 2762233 266813 3472701 2757573 715128 1924660 1511152 413508 2068336 485128 1583208 511428 508234 3194 240648 240648 2256617 2256617 10395 10395 2485458 2180922 304536 6689887 6324439 365448 3526017 3171169 354848 25250 25250 4428020 3246929 1181091 1535794 1403313 132481 2336628 2039007 297621 12011 12011 6161441 5608356 553085 736668 697179 39489 DOG EVENT PROGRAMS 3000882 3000882 CREDIT CARD FEES 1292748 1292748 INCOME TAXES 1216223 1216223 126843 114214 12629 78217602 63014048 15203554 0 7165519 6772282 1626915 21163972 4999114 4645561 5876575 6813708 69396045 49897744 21163612 19498301 76369846 108067651 18165075 26139562 18069250 12506427 153435906 205607464 11632293 14043921 4055641 4079943 80603647 65327162 96291581 83451026 X 57144325 122156438 57144325 122156438 153435906 205607464 X 38585368 19069158 7357587 X 0 1 X 1 0 1 0 0 0 X SEE PART XIII 0 104823000 50562000 155385000 83154000 21669000 104823000 89727000 -6573000 83154000 70055000 19672000 89727000 82570000 -12515000 70055000 1.00000 0 0 13174613 3091653 10082960 6399152 4515371 1883781 49822280 42290720 7531560 19498301 PRIVATE EQUITY 11726038 F INSURANCE 5949958 F REAL ESTATE 4262540 F DIVERSIFIED 4201026 F 26139562 DUE FROM AKC MUSEUM OF THE DOG 8138308 DUE FROM RELATED PARTIES 4368119 12506427 DUE TO AKC CAR 4398276 DEFERRED LEASE LIABILITY 8115965 DEBT AND CAPITAL LEASE OBLIGATIONS 85715 POSTRETIREMENT BENEFIT OBLIGATIONS 30184207 PENSION BENEFITS OBLIGATION 22542999 65327162 X PART III, LINE 4: SCHEDULE D, PART III, LINE 3E COLLECTION OF ART THE CLUB MAINTAINS A COLLECTION OF ARTWORK WHICH IS NOT RECORDED AS AN ASSET ON THE BALANCE SHEET. THE CLUB'S COLLECTION WAS PRIMARILY ACQUIRED THROUGH CONTRIBUTIONS SINCE THE ORGANIZATION'S INCEPTION. THE COLLECTION IS HELD FOR PUBLIC EXHIBITION. ALL ITEMS ARE PRESERVED AND CARED FOR AND MAINTENANCE ACTIVITIES ARE PERFORMED CONTINUOUSLY. PIECES IN THE COLLECTION ARE GENERALLY NOT SOLD. HOWEVER, IN THE EVENT THAT THEY WERE, THE PROCEEDS COULD BE REINVESTED TO ACQUIRE OTHER ITEMS FOR THE COLLECTION. PART V, LINE 4: INTENDED USE OF ENDOWMENT FUNDS THE BOARD OF DIRECTORS MANDATED THE ESTABLISHMENT OF AN OPERATING RESERVE BALANCE OF 50% OF ANNUAL OPERATING EXPENSES TO BE SET ASIDE UNFORESEEN CONTINGENCIES. ALSO, IN ADDITION BOARD-DESIGNATED FUNDS (QUASI-ENDOWMENT) ARE SPECIFICALLY AVAILABLE TO FUND ANY CERTAIN LONG-TERM OBLIGATIONS. PART X, LINE 2: UNCERTAIN TAX POSITIONS THE CLUB FOLLOWS THE PROVISIONS OF FASB ASC SUBTOPIC 740-10, INCOME TAXES OVERALL (ASC 740-10), RELATING TO UNCERTAINTY IN INCOME TAXES. FOR THE CLUB, ASC 740-10 IS PRIMARILY APPLICABLE TO THE INCURRENCE OF UNRELATED BUSINESS INCOME TAX (UBIT) ATTRIBUTABLE TO CERTAIN OF ITS INVESTMENTS. ASC 740-10 ESTABLISHES A MINIMUM THRESHOLD FOR FINANCIAL STATEMENT RECOGNITION OF THE BENEFITS OF POSITION TAKEN, OR EXPECTED TO BE TAKEN, IN FILING TAX RETURNS. IT REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, IN THE COURSE OF PREPARING THE CLUB'S INCOME TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE LIKELY THAN NOT" OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE "MORE-LIKELY THAN-NOT" THRESHOLD ARE RECORDED AS TAX EXPENSE. THERE WERE NO SUCH TAX POSITIONS FOR THE YEARS ENDED DECEMBER 31, 2021 AND 2020. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 681943 0 0 0 0 0 0 681943 0 681943 1 0 1 1 1 0 PART III ACCOUNTING METHOD: 1 AKC MUSEUM OF THE DOG 101 PARK AVE NEW YORK NY 10178 431485438 501(C)(3) 2251257 0 CASH N/A MUSEUM GRANT AKC CANINE HEALTH FOUNDATION PO BOX 37941 RALEIGH NC 27627 133813813 501(C)(3) 2486882 0 CASH N/A MEDICAL RESEARCH THE AKC HUMANE FUND 101 PARK AVE 5TH FL NEW YORK NY 10178 260542468 501(C)(3) 150030 0 CASH N/A GENERAL OPERATIONS NATIONAL ANIMAL INTEREST ALLIANCE TRUST PO BOX 66579 PORTLAND OR 97290 527114458 501(C)(4) 50000 0 CASH N/A PROMOTE ANIMAL WELFARE TAKE THE LEAD 215 WASHINGTON ST SUITE 110 WATERTOWN NY 13601 133729133 501(C)(3) 100000 0 CASH N/A COVID RELIEF 4 1 SCHOLARSHIPS 41 74750 FMV N/A PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS ARE IN ACCORDANCE WITH AKC'S PHILANTHROPIC GIVING POLICY. GRANTS TO AFFILIATES AND OTHER ENTITIES BASED ON BOTH NEED AND MERIT, ARE APPROVED BY THE BOARD THROUGH THE BUDGETARY PROCESS. ANY ADDITIONAL GRANTS FOR NEED OR SPECIAL PROJECTS ARE DISCUSSED AND APPROVED IN THE BOARD MEETING MINUTES. ENTITIES AWARDED GRANTS ARE THOROUGHLY VETTED BEFORE FUNDS ARE AWARDED AND ARE REQUIRED TO PROVIDE PERIODIC REPORTS OUTLINING THE USE OF THE GRANTS 6 AND 12 MONTHS AFTER ISSUANCE. X X X X 0 1 0 0 0 0 0 1 0 DENNIS B SPRUNG PRESIDENT & CEO 657022 0 515000 0 164036 0 -91425 0 17997 0 1262630 0 0 0 MARK DUNN EXECUTIVE VP 359526 0 132774 0 25259 0 8995 0 29414 0 555968 0 0 0 GINA M DINARDO EXECUTIVE SECRETARY 327355 0 170000 0 9335 0 -8878 0 42664 0 540476 0 0 0 DOUG V LJUNGREN EVP, SPORTS & EVENTS 242237 0 102459 0 30621 0 26914 0 22271 0 424502 0 0 0 RON H FURMAN DIRECTOR OF SALES 319769 0 62977 0 8269 0 10150 0 20047 0 421212 0 0 0 THEODORE PHILLIPS CFO 295891 0 33954 0 0 0 10150 0 25167 0 365162 0 0 0 HEATHER MCMANUS VP & DEPUTY GEN COUNSEL 253732 0 29073 0 42506 0 -6981 0 15613 0 333943 0 0 0 KRISTEN BAHLKE VP PUREBRED CONSUMER DEMAND 209587 0 24184 0 1071 0 8414 0 13391 0 256647 0 0 0 BRANDI HUNTER MUNDEN VP, PR & COMMUNICATIONS 160257 0 69835 0 37 0 7737 0 11250 0 249116 0 0 0 DAPHNA STRAUS VP, BUS DEVELOPMENT 205154 0 22528 0 14058 0 -8607 0 6786 0 239919 0 0 0 PART I, LINE 3 A COMPONENT OF THE BOARD APPROVED EXECUTIVE COMPENSATION PROGRAM IS BASED UPON THE ORGANIZATION'S OVERALL FINANCIAL PERFORMANCE IN COMBINATION WITH THE INDIVIDUAL'S JOB PERFORMANCE. THE BOARD APPROVED EXECUTIVE COMPENSATION PROGRAM IS REVIEWED WITH EXTERNAL CONSULTANTS ANNUALLY. AKC'S COMPENSATION COMMITTEE ALSO EXERCISES OVERSIGHT OF THIS REVIEW PROCESS. PART I, LINE 4B THE FOLLOWING INDIVIDUAL PARTICIPATES IN A NONQUALIFED SUPPLEMENTAL RETIREMENT PLAN: DENNIS B SPRUNG AMOUNT INCLUDED ON PART II, COLUMN C: $100,000 PART I, LINE 7 THE FOLLOWING EMPLOYEES RECEIVED DISCRETIONARY, NON-FIXED PAYMENTS THAT ARE REPORTED IN SCHEDULE J, PART II, COLUMN B(II): -DENNIS B SPRUNG $515,000 -DOUG LJUNGREN $102,459 -MARK DUNN $132,774 -GINA M. DINARDO $170,000 -KRISTEN BAHLKE $24,184 -RON H. FURMAN $62,977 -DAPHNA STRAUS $22,528 -HEATHER MCMANUS $29,073 -THEODORE PHILLIPS $33,954 -BRANDI HUNTER MUNDEN $69,835 FORM 990, PART III, LINE 1 MISSION AMERICAN KENNEL CLUB, INC. (THE CLUB) IS DEDICATED TO UPHOLDING THE INTEGRITY OF ITS REGISTRY, PROMOTING THE SPORT OF PUREBRED DOGS AND BREEDING FOR TYPE AND FUNCTION. FOUNDED IN 1884, THE AKC AND ITS AFFILIATED ORGANIZATIONS ADVOCATE FOR THE PUREBRED DOG AS A FAMILY COMPANION, ADVANCE CANINE HEALTH AND WELL-BEING, WORK TO PROTECT THE RIGHTS OF ALL DOG OWNERS AND PROMOTE RESPONSIBLE DOG OWNERSHIP. AKC'S CORE VALUES: -WE LOVE PUREBRED DOGS -WE ARE COMMITTED TO ADVANCING THE SPORT OF THE PUREBRED DOG -WE ARE DEDICATED TO MAINTAINING THE INTEGRITY OF OUR REGISTRY -WE PROTECT THE HEALTH AND WELL-BEING OF ALL DOGS -WE CHERISH DOGS AS COMPANIONS -WE ARE COMMITTED TO THE INTERESTS OF DOG OWNERS -WE UPHOLD HIGH STANDARDS FOR THE ADMINISTRATION AND OPERATION OF THE AKC -WE RECOGNIZE THE CRITICAL IMPORTANCE OF OUR CLUBS AND VOLUNTEERS. FORM 990, PART VI, SECTION A, LINE 6 SEE SCHEDULE O PART VI LINE 7A EXPLANATION FORM 990, PART VI, SECTION A, LINE 7A MEMBERS THE AMERICAN KENNEL CLUB, INC. IS A CLUB OF CLUBS. THERE ARE APPROXIMATELY 626 MEMBER CLUBS, EACH OF WHOM IS ENTITLED TO HAVE A DELEGATE REPRESENTING THE CLUB AT OUR QUARTERLY DELEGATES' MEETINGS. ANY CHANGES TO THE ORGANIZATION'S BY-LAWS REQUIRES A VOTE OF 2/3 OF THE DELEGATE BODY. EACH MEMBER OF THE BOARD OF DIRECTORS IS ALSO A DELEGATE OF ONE OF OUR MEMBER CLUBS (THE 13 BOARD MEMBERS ARE PART OF THE 626 MEMBER CLUBS). FORM 990, PART VI, SECTION A, LINE 7B SEE SCHEDULE O PART VI LINE 7A EXPLANATION. FORM 990, PART VI, SECTION B, LINE 11B BOARD REVIEW OF FORM 990 THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY THE AMERICAN KENNEL CLUB, INC. (THE CLUB) IN CONSULTATION WITH ITS STAFF. THE DRAFT PREPARED BY THE ACCOUNTING FIRM IS THEN CAREFULLY REVIEWED BY THE CLUB'S FINANCE DEPARTMENT. THE FINAL VERSION IS THEN PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE WITH CONFLICT OF INTEREST POLICY IT IS THE POLICY OF THE CLUB THAT ALL OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES AVOID ANY CONFLICT BETWEEN THEIR INTERESTS AND THOSE OF THE CLUB. THE CLUB EXPECTS ALL OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES TO SUPPORT ITS MISSION, POLICIES AND PROGRAMS AND TO CONDUCT THEMSELVES IN AN ETHICAL AND APPROPRIATE MANNER IN THE PERFORMANCE OF THEIR JOB DUTIES. IN ADDITION, OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES OF THE CLUB HAVE CERTAIN RESPONSIBILITIES REGARDING ACCESS TO AND DISCLOSURE OF CONFIDENTIAL INFORMATION. THE POLICY IS REVIEWED AND SIGNED BY ALL PARTIES ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION REVIEW PROCESS A COMPONENT OF THE BOARD-APPROVED EXECUTIVE COMPENSATION POLICY IS BASED UPON REVIEW WITH EXTERNAL CONSULTANTS OF THE ORGANIZATION'S OVERALL PERFORMANCE IN COMBINATION WITH THE INDIVIDUAL'S PERFORMANCE. THE POLICY IS ADMINISTERED AND REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS AND ADHERES TO OUR CONFLICT OF INTEREST POLICY. THE COMPENSATION REVIEW POLICY INCLUDES REVIEW OF THE CURRENT MARKETPLACE ENVIRONMENT AND COMPARISON WITH OTHER ORGANIZATIONS OF SIMILAR SIZE TO ENSURE THAT COMPENSATION IS IN A REASONABLE RANGE CONSIDERING THE MARKET RATE FOR COMPARABLE POSITIONS. DETERMINATION OF COMPENSATION IS DOCUMENTED CONTEMPORANEOUSLY IN THE ORGANIZATION'S RECORDS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE TO THE PUBLIC AMERICAN KENNEL CLUB MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE ON ITS PUBLIC WEBSITE AT WWW.AKC.ORG AND UPON SPECIFIC REQUEST. FORM 990, PART XI, LINE 9: UNRECOGNIZED COMPONENT OF NET PERIODIC BEN COST 7,258,707. LOSS ON DISCONTINUED OPERATIONS 98,880. AKC PET CARE LLC 101 PARK AVE NEW YORK NY 10178 471666858 PET-RELATED NY 0 329341 AKC INC SMART PET TECHNOLOGIES LLC 101 PARK AVE NEW YORK NY 10178 475647869 PET-RELATED DE 0 8261 AKC INC AKC COMPANION ANIMAL RECOVERY 101 PARK AVENUE NEW YORK NY 10178 133904402 PET RECOVERY NY 501(C)(3) 10 AKC INC 1 AKC HUMANE FUND INC 101 PARK AVENUE NEW YORK NY 10178 260542468 PET-RELATED NY 501(C)(3) 10 AKC INC 1 AMERICAN KENNEL CLUB PAC 101 PARK AVENUE NEW YORK NY 10178 261372850 POLITICAL NY 527 AKC INC 0 AMERICAN KENNEL CLUB MUSEUM OF DOG 101 PARK AVENUE 5TH FLOOR NEW YORK NY 10178 431485438 MUSEUM MO 501(C)(3) 10 AKC INC 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 AKC COMPANION ANIMAL RECOVERY L 2958197 CASH THE AMERICAN KENNEL CLUB MUSEUM OF THE DOG B 1881351 CASH THE AMERICAN KENNEL CLUB MUSEUM OF THE DOG B 369906 FMV THE AKC HUMANE FUND INC B 150030 FMV THE AMERICAN KENNEL CLUB MUSEUM OF THE DOG L 369906 FMV