BETA

GIBSON GIVES: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
GIBSON GIVES (EIN 20-0832563)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-15
IRS object ID
202223199349327752
Schema version
2021v4.2
Note
A later return for the same period supersedes this one.
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-11-15T17:27:19-06:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN621199757PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LBMC PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1869AddressLine1Txt
CityBRENTWOODCityNm
State AbbreviationTNStateAbbreviationCd
ZIP370241869ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN200832563EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GIBSON GIVESBusinessNameLine1Txt
Business Name Line2FKA THE GIBSON FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlGIBSBusinessNameControlTxt
Phone6158714500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1309 PLUS PARK BLVDAddressLine1Txt
CityNASHVILLECityNm
State AbbreviationTNStateAbbreviationCd
ZIP37217ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDENDY JARRETTPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone6158714500PhoneNum
Signature2022-11-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDENDYPersonFirstNm
Person LastJARRETTPersonLastNm
FieldValueIRS element (for citing)
SSN000000000SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJILL HUDSONPreparerPersonNm
PTINP00061190PTIN
Phone6153774600PhoneNum
Preparation2022-11-15PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDEDNY JARRETTPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1309 PLUS PARK BLVDAddressLine1Txt
CityNASHVILLECityNm
State AbbreviationTNStateAbbreviationCd
ZIP37217ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,176,304GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.GIBSON.COM/EN-US/LIFESTYLE/GIBSONFOUNDATION/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2002FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionTHE MISSION OF THE GIBSON FOUNDATION IS TO HELP MAKE THE WORLD A BETTER PLACE FOR CHILDREN BY CREATING, DEVELOPING AND SUPPORTING PROGRAMS AND OTHER NON-PROFIT ORGANIZATIONS IN THEIR EFFORTS TO ADVANCE EDUCATION, MUSIC AND THE ARTS, ENVIRONMENT, AND HEALTH & WELFARE CAUSES.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$733,931PYContributionsGrantsAmt
CY Contributions Grants$2,176,304CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$733,931PYTotalRevenueAmt
CY Total Revenue$2,176,304CYTotalRevenueAmt
PY Grants And Similar Paid$654,560PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,231,062CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$25,335PYOtherExpensesAmt
CY Other Expenses$51,200CYOtherExpensesAmt
PY Total Expenses$679,895PYTotalExpensesAmt
CY Total Expenses$1,282,262CYTotalExpensesAmt
PY Revenues Less Expenses$54,036PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$894,042CYRevenuesLessExpensesAmt
Total Assets BOY$277,963TotalAssetsBOYAmt
Total Assets EOY$1,089,402TotalAssetsEOYAmt
Total Liabilities BOY$100,000TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$177,963NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,089,402NetAssetsOrFundBalancesEOYAmt
MissionTHE GIBSON FOUNDATION IS COMMITTED TO MAKING THE WORLD A BETTER PLACE FOR CHILDREN BY CREATING, DEVELOPING AND SUPPORTING PROGRAMS AND OTHER NON-PROFIT ORGANIZATIONS IN THEIR EFFORTS TO ADVANCE EDUCATION, MUSIC AND AND THE ARTS, THE ENVIRONMENT, AND HEALTH & WELFARE CAUSES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,231,062ExpenseAmt
Grant$1,231,062GrantAmt
DescTO PROVIDE DONATIONS OF CASH AND MUSIC PRODUCTS TO OTHER ORGANIZATIONS DESCRIBED IN SEC. 501(C)(3) OF THE INTERNAL REVENUE CODE FOR THE PURPOSE OF SUPPORTING MUSIC EDUCATION AND THE ARTS, HEALTH AND WELFARE, AND ENVIRONMENTAL ISSUES.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescGUITARTOWN: GUITARTOWN IS A PUBLIC ARTS PROJECT THAT FEATURES 10-FOOT TALL GUITAR SCULPTURES THAT ARE DESIGNED BY VISUAL ARTISTS, SPONSORED BY LOCAL BUSINESSES AND PARTNERED WITH A CELEBRITY. AFTER THE SCULPTURES HAVE BEEN ON DISPLAY FOR A PREDETERMINED TIME, THE ART WORKS ARE AUCTIONED OFF TO RAISE MONEY FOR CHARITY.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$1,231,062TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntYes (1)BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc0RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6158714500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1309 PLUS PARK BLVDAddressLine1Txt
CityNASHVILLECityNm
State AbbreviationTNStateAbbreviationCd
ZIP37217ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JAMES CURLEIGH
PRESIDENT & CEO1.00Yes (X)Yes (X)$0$0$0
DENBY JARRETT
EXECUTIVE DIRECTOR1.00Yes (X)Yes (X)$0$0$0
ELIZABETH HEIDT
VICE PRESIDENT OF ENTERTAINMENT RELATIONS1.00Yes (X)$0$0$0
MARK TAYLOR
SECRETARY1.00Yes (X)Yes (X)$0$0$0
CESAR GUEIKIAN
CHIEF MERCHANT OFFICER1.00Yes (X)$0$0$0
NAT ZILKHA
CHAIRMAN OF THE BOARD1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Related Organizations$2,076,304RelatedOrganizationsAmt
All Other Contributions$100,000AllOtherContributionsAmt
Noncash Contributions$933,365NoncashContributionsAmt
Total Contributions$2,176,304TotalContributionsAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,176,304TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$1,213,604TotalAmt
Program Services$1,213,604ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$17,458TotalAmt
Program Services$17,458ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$10,932TotalAmt
Management And General$10,932ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmt
EMPLOYEE COVID RELIEF E$18,150$18,150
TEMPORARY HELP- CONTRAC$13,796$13,796
EQUIPMENT RENTAL$4,648$4,648
BANK FEE$3,674$3,674

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,282,262TotalAmt
Program Services$1,231,062ProgramServicesAmt
Management And General$51,200ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$277,963BOYAmt
EOY$1,089,402EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$277,963BOYAmt
EOY$1,089,402EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$100,000BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$100,000BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$177,963BOYAmt
EOY$1,089,402EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$177,963BOYAmt
EOY$1,089,402EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$277,963BOYAmt
EOY$1,089,402EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$894,042ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$17,397OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,218,909CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$602,185CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$544,846CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$733,931CurrentTaxYearMinus1YearAmt
Current Tax Year$2,176,304CurrentTaxYearAmt
Total$5,276,175TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,218,909CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$602,185CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$544,846CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$733,931CurrentTaxYearMinus1YearAmt
Current Tax Year$2,176,304CurrentTaxYearAmt
Total$5,276,175TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$3,117,363SubstantialContributorsTotAmt
Public Support Total170$2,158,812PublicSupportTotal170Amt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$265,000CurrentTaxYearMinus3YearsAmt
Current Tax Year$117,397CurrentTaxYearAmt
Total$382,397TotalAmt
FieldValueIRS element (for citing)
Total Support$5,658,572TotalSupportAmt
Public Support CY1700.38150PublicSupportCY170Pct
Public Support PY1700.25060PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind
Facts And Circumstances TestTHE GIBSON FOUNDATION HAS IN THE PAST MET THE PUBLIC SUPPORT TEST, BUT, INTHE LAST FEW YEARS, THE AMOUNT OF CONTRIBUTIONS RECEIVED FROM THE PUBLICHAS DECREASED DUE TO THE WEAK ECONOMY AND THE FACT THAT THE FOUNDATION HASDECREASED ITS SPECIAL FUNDRAISING ACTIVITIES. THE FOUNDATION HAS PLANS TOINCREASE FUNDRAISING ACTIVITIES TO THE PUBLIC IN 2021 AND FUTURE YEARS.FactsAndCircumstancesTestTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,176,304TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$2,176,304RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,176,304TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,282,262TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$1,282,262ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,282,262TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3), AND, ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. THE FOUNDATION RECOGNIZES A TAX POSITION AS A BENEFIT ONLY IF IT IS "MORE LIKELY THAN NOT" THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE "MORE LIKELY THAN NOT" TEXT, NO TAX BENEFIT IS RECORDED. THE FOUNDATION HAS NO MATERIAL UNCERTAIN TAX POSITIONS FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. AS OF DECEMBER 31, 2021, THE FOUNDATION HAS ACCRUED NO INTEREST AND NO PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. IT IS THE FOUNDATION'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. THE FOUNDATION FILES A U.S. FEDERAL INFORMATION TAX RETURN. THE FOUNDATION IS CURRENTLY OPEN TO AUDIT UNDER THE STATUTE OF LIMITATIONS BY THE INTERNAL REVENUE SERVICE FOR THE YEARS ENDING AFTER DECEMBER 31, 2017.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (10 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtNon Cash AssistanceNonCashAssistanceDescPurpose Of GrantPurposeOfGrantTxt
SAVE THE MUSIC FOUNDATION
1515 BROADWAY 21 ST FLOORNEW YORKNY10036136089816501(C)(3)$20,000$0CASHSUPPORTING MUSIC EDUCATION AND THE ARTS, HEALTH AND WELFARE AND ENVIRONMENTAL ISSUES
CHILDREN'S CANCER ASSOCIATION
1200 NW NAITO PARKWAY SUITE 140PORTLANDOR97209931181662501(C)(3)$10,000$0CASHSUPPORTING MUSIC EDUCATION AND THE ARTS, HEALTH AND WELFARE AND ENVIRONMENTAL ISSUES
GIVING BACK FUND INC( ROCK AGAINST RACISM )
6033 WEST CENTURY BLVD SUITE 350LOS ANGELESCA90045043367888501(C)(3)$25,000$0CASHSUPPORTING MUSIC EDUCATION AND THE ARTS, HEALTH AND WELFARE AND ENVIRONMENTAL ISSUES
NOTES 4 NOTES
1900 CHURCH STNASHVILLETN37203873616072501(C)(3)$10,000$0CASHSUPPORTING MUSIC EDUCATION AND THE ARTS, HEALTH AND WELFARE AND ENVIRONMENTAL ISSUES
KEEPING THE BLUES ALIVE
1761 W HILLSBORO BLVD SUITE 409DEERFIELD BEACHFL33442275553072501(C)(3)$15,000$0CASHSUPPORTING MUSIC EDUCATION AND THE ARTS, HEALTH AND WELFARE AND ENVIRONMENTAL ISSUES
MAGEE-WOMEN'S RESEARCH INSTITUE AND FOUNDATION( WOMAN WHO ROCK)
3339 WARD STREETPITTSBURGHPA15213251462312501(C)(3)$55,000$0CASHSUPPORTING MUSIC EDUCATION AND THE ARTS, HEALTH AND WELFARE AND ENVIRONMENTAL ISSUES
CROSSROADS CAMPUS
707 MONTOE STREETNASHVILLETN37208272397528501(C)(3)$25,000$0CASHSUPPORTING MUSIC EDUCATION AND THE ARTS, HEALTH AND WELFARE AND ENVIRONMENTAL ISSUES
MUSICARES
3030 OLYMPIC BLVDSANTA MONICACA90404954470909501(C)(3)$143,000$0CASHSUPPORTING MUSIC EDUCATION AND THE ARTS, HEALTH AND WELFARE AND ENVIRONMENTAL ISSUES
PRESERVATION HALL FOUNDATION INC
726 SAINT PETERNEW ORLEANSLA70116272910626501(C)(3)$10,000$0CASHSUPPORTING MUSIC EDUCATION AND THE ARTS, HEALTH AND WELFARE AND ENVIRONMENTAL ISSUES
SONGFARM PHILANTHROPIC VENTURE
188 FRONT STFRANKLINTN37064842380954501(C)(3)$10,000$0CASHSUPPORTING MUSIC EDUCATION AND THE ARTS, HEALTH AND WELFARE AND ENVIRONMENTAL ISSUES

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeINDIVIDUAL GRANTSGrantTypeTxt
Recipient8RecipientCnt
Cash Grant$17,458CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationSEMI-ANNUAL OR ANNUAL REPORTS ARE REQUIRED OF ORGANIZATIONS RECEIVING GRANTS.ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
JAMES CURLEIGH
JAMES SERVES AS CEO OF GIBSON BRANDS, INC., A MAJOR DONOR OF THE FOUNDATION$1,933,365GIBSON BRANDS, INC. DONATED $933.356 OF NON-CASH ITEMS AND $ OF CASH TO THE FOUNDATION.;LISTTOTAL 528,5460
DENDY JARRETT
DENDY IS EXEC DIRECT OF GIBSON BRANDS, INC, A MAJOR DONOR TO THE FOUNDATION$1,933,365GIBSON BRANDS, INC. DONATED $933.356 OF NON-CASH ITEMS AND $ OF CASH TO THE FOUNDATION.0

Schedule M IRS990ScheduleM

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescMUSICAL INSTRUMENTSDesc
Contribution2080ContributionCnt
Noncash Contributions Rpt F990$933,365NoncashContributionsRptF990Amt
Method Of Determining RevenuesDEALER PRICE PROVIDEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2JAMES CURLEIGH IS CEO OF GIBSON GUITAR CORP. KIMBERLY MATTON IS CFO OF GIBSON GUITAR CORP. DENDY JARRETT IS AN OFFICER OF GIBSON GUITAR CORP.
FORM 990, PART VI, SECTION B, LINE 11BTHE ORGANIZATION'S SECRETARY HAS OVERSEEN THE REVIEW OF THE FORM 990 BEFORE FILING.
FORM 990, PART VI, SECTION C, LINE 19THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XI, LINE 9:CHANGE IN NET ASSETS WITH DONOR RESTRICTION 17,397.

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1GIBSON BRANDS INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1309 PLUS PARK BLVDAddressLine1Txt
CityNASHVILLECityNm
State AbbreviationTNStateAbbreviationCd
ZIP37217ZIPCd
FieldValueIRS element (for citing)
Primary ActivitiesPRODUCTION OF GUITARSPrimaryActivitiesTxt
Legal Domicile StateTNLegalDomicileStateCd
Entity TypeCEntityTypeTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1GIBSON BRANDS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeCTransactionTypeTxt
Involved$2,176,304InvolvedAmt
Method Of Amount DeterminationFMVMethodOfAmountDeterminationTxt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.