2021-05-15T11:39:10-05:00 2020-06-30 135381590 BDO USA LLP 1450 BRICKELL AVENUE 18TH FL MIAMI FL 33131 990 2019-07-01 592141837 NATIONAL FOUNDATION FOR ADVANCEMENT IN THE ARTS INC NATI 3053771140 2100 BISCAYNE BLVD MIAMI FL 33137 JEWELLYN MALONE EXECUTIVE DIRECTOR 3053771140 2021-05-14 1 DAVID HOLLANDER CPA P00646430 3053735500 2019 2022-09-23 18:48:47Z YOUNGARTS JEWELLYN MALONE 2100 BISCAYNE BLVD MIAMI FL 33137 25632196 0 X WWW.YOUNGARTS.ORG X 1981 FL IDENTIFY AND ASSIST EMERGING ARTISTS 30 30 397 35 0 0 10293093 10334908 99516 105273 2243483 950496 -900321 -656395 11735771 10734282 743932 975759 0 0 4422706 4370989 132500 156000 1410638 5381557 4737776 10680695 10240524 1055076 493758 49825036 50979933 625107 788999 49199929 50190934 X THE MISSION OF THE NATIONAL FOUNDATION FOR ADVANCEMENT IN THE ARTS, INC. DBA NATIONAL YOUNGARTS FOUNDATION IS TO IDENTIFY THE MOST ACCOMPLISHED YOUNG ARTISTS IN THE VISUAL, LITERARY AND PERFORMING ARTS AND TO PROVIDE THEM WITH CREATIVE AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES THROUGHOUT THEIR CAREERS. 0 0 3355687 975759 89517 NATIONAL YOUNGARTS WEEK AND REGIONAL PROGRAMS REPRESENT NFAA'S CORE PROGRAMMING. THROUGH CORE PROGRAMMING NFAA PROVIDES MASTER CLASSES, PERFORMANCE AND EXHIBITION OPPORTUNITIES, RECOGNITION AND AWARDS TO NFAA'S WINNERS, WHO ARE YOUNG ARTISTS ORIGINATING FROM ACROSS THE COUNTRY. NFAA IS THE ONLY ORGANIZATION THAT ENCOURAGES AND RECOGNIZES ARTISTIC EXCELLENCE AND PROVIDES LIFELONG SUPPORT TO YOUNG ARTISTS IN THE LITERARY, VISUAL AND PERFORMING ARTS, INCLUDING DANCE, FILM, JAZZ, CLASSICAL MUSIC, PHOTOGRAPHY, THEATER, VISUAL ARTS, VOICE, DESIGN ARTS AND WRITING. EACH YEAR, A RANGE OF 7,000-8,000 APPLICANTS SUBMIT FOR THE YOUNGARTS COMPETITION AND APPROXIMATELY 700 WINNERS ARE SELECTED. OF THIS TOTAL POOL, 397 RECEIVED CASH AWARDS. 420256 3019 ALUMNI PROGRAMMING OFFERS YOUNGARTS AWARD WINNERS SUPPORT TO GROW THEIR CAREERS WITHIN THREE FOCUS AREAS: CREATIVE DEVELOPMENT, PROFESSIONAL DEVELOPMENT AND COMMUNITY ENGAGEMENT. OVER 50 ACTIVITIES THROUGHOUT THE YEAR SUPPORTED AWARD WINNERS ALONG WITH THE CONTINUOUS DEVELOPMENT OF A DEDICATED DIGITAL PORTAL. THIS FISCAL YEAR, 912 ALUMNI PARTICIPATED IN A PROGRAM, THE DIGITAL PORTAL RECEIVED OVER 1,921 USERS, AND 44 CREATIVE MICROGRANTS & 262 EMERGENCY MICROGRANTS WERE AWARDED. OVERALL, PROGRAMMING RESULTED IN $2 MILLION IN FUNDS DISTRIBUTED TO ARTISTS. 85809 EACH YEAR, 20 YOUNGARTS FINALISTS ARE NAMED PRESIDENTIAL SCHOLARS IN THE ARTS. AT THE REQUEST OF THE COMMISSION ON PRESIDENTIAL SCHOLARS, WHICH IS APPOINTED BY THE PRESIDENT OF THE UNITED STATES, THE NATIONAL FOUNDATION FOR ADVANCEMENT IN THE ARTS, THROUGH ITS YOUNGARTS PROGRAM, SERVES AS THE EXCLUSIVE NOMINATING AGENCY FOR U.S. PRESIDENTIAL SCHOLARS IN THE ARTS. PARTICIPANTS IN THE YOUNGARTS PROGRAM ARE THE ONLY STUDENTS ELIGIBLE TO RECEIVE THE DESIGNATION OF U.S. PRESIDENTIAL SCHOLARS IN THE ARTS (PSA), BASED ON THEIR ARTISTIC AND ACADEMIC ACHIEVEMENTS. BEING NAMED A PRESIDENTIAL SCHOLAR IS THE HIGHEST SCHOLASTIC HONOR AVAILABLE TO GRADUATING HIGH SCHOOL SENIORS. EACH YEAR, A GROUP OF 60 PSA NOMINEES ARE SELECTED FROM THE APPROXIMATELY 170 YOUNGARTS FINALISTS. FROM THESE STUDENTS, 20 WINNERS ARE CHOSEN BY THE COMMISSION ON U.S. PRESIDENTIAL SCHOLARS AND NAMED PRESIDENTIAL SCHOLARS IN THE ARTS, ALONGSIDE 120 ACADEMIC SCHOLARS. 2956414 142091 OTHER PROGRAMS INCLUDING EXHIBITIONS, PERFORMANCES, RESIDENCIES, MICROGRANTS AND PROFESSIONAL DEVELOPMENT WORKSHOPS. 2956414 142091 6818166 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 322 0 397 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 FL AL CT ME NH NC OK PA RI SC UT WA MD X JEWELLYN MALONE 3053771140 2100 BISCAYNE BOULEVARD MIAMI FL 33137 SARAH ARISON CHAIR 5.00 1.00 X X 0 0 0 LINDA COLL TRUSTEE 1.00 X 0 0 0 BRIAN CULLINAN TRUSTEE 1.00 X 0 0 0 DERRICK ADAMS TRUSTEE 1.00 X 0 0 0 KRISTY EDMUNDS TRUSTEE 1.00 X 0 0 0 JAY FRANKE TRUSTEE 1.00 X 0 0 0 DANIELLE GARNO TRUSTEE 1.00 1.00 X 0 0 0 JOHN J KAUFFMAN TRUSTEE 1.00 X 0 0 0 RICHARD KOHAN PRESIDENT OF THE BOARD 5.00 X X 0 0 0 STEVEN MARKS TRUSTEE 1.00 X 0 0 0 WILLIAM L MORRISON TRUSTEE 1.00 X 0 0 0 JOHN J O'NEIL TRUSTEE 1.00 1.00 X 0 0 0 MARCUS SHERIDAN TRUSTEE 1.00 X 0 0 0 VICTORIA ROGERS TRUSTEE 1.00 X 0 0 0 ZUZANNA SZADKOWSKI TRUSTEE 1.00 X 0 0 0 SANDRA TAMER TRUSTEE 1.00 X 0 0 0 JOSEPH M THOMPSON TRUSTEE 1.00 X 0 0 0 MAURICE ZARMATI TRUSTEE 1.00 X 0 0 0 DOUG BLUSH TRUSTEE 1.00 X 0 0 0 BERNARDO FORT-BRESCIA TRUSTEE 1.00 X 0 0 0 MICHI MATTER JIGARJIAN TRUSTEE 1.00 X 0 0 0 MICHAEL MCELROY TRUSTEE 1.00 X 0 0 0 GLENDA PEDROSO TRUSTEE 1.00 X 0 0 0 JEAN SHIN TRUSTEE 1.00 X 0 0 0 JIM SHREVE TRUSTEE 1.00 X 0 0 0 PLACIDO DOMINGO TRUSTEE 1.00 X 0 0 0 JUSTIN DICIOCCIO TRUSTEE 1.00 X 0 0 0 DR RONALD C MCCURDY TRUSTEE 1.00 X 0 0 0 DESMOND RICHARDSON TRUSTEE 1.00 X 0 0 0 NATALIE DIGGINS TRUSTEE 1.00 X 0 0 0 RICHARD WAGMAN TREASURER 2.00 X 0 0 0 JEWELLYN MALONE EXECUTIVE DIRECTOR 40.00 5.00 X 306746 0 39904 STACEY GLASSMAN MIZENER VP OF DEVELOPMENT 40.00 X 239611 0 36985 LISA LEONE VP OF ARTISTIC PROGRAMS 40.00 X 234806 0 29440 DEJHA CARRINGTON VP OF EXTERNAL RELATIONS 40.00 X 205556 0 19449 MATTHEW NIELSON SENIOR DIRECTOR OF OPERATIONS 40.00 20.00 X 136679 0 15169 CHRISTOPHER WILLIAMS DIRECTOR OF FINANCE 40.00 2.00 X 134469 0 15175 1257867 0 156122 6 0 1 0 FINN PARTNERS INC 301 EAST 57TH STREET NEW YORK NY 10022 PUBLIC RELATION CONSULTANT 156618 DAUN LLC 207 WEST 21ST STREET SUITE 3 NEW YORK NY 10011 FUNDRAISING CONSULTANT 156000 WOW FACTOR MARKETING GROUP 804 S DOUGLAS ROAD EXECUTIVE TOWER CORAL GABLES FL 33134 EVENT PRODUCTION 155903 CONSTELLATION CULINARY GROUP 2154 NW 1ST COURT MIAMI FL 33127 CATERING 143739 CATERING BY LOVABLES 1094 ALI BABA AVENUE OPA LOCKA FL 33054 CATERING 140342 8 1466775 231345 8636788 10334908 APPLICATION FEES 711190 89517 89517 FACILITIES RENTAL AND TICKET SALE 711190 15756 15756 105273 831766 831766 60461 0 60461 60461 60461 14173245 14054515 118730 118730 118730 57650 1466775 843399 -785749 -785749 ARTIST SUPPORT 561000 35000 35000 33893 33893 68893 10734282 234627 0 164747 975759 975759 346651 207991 69330 69330 3252005 1269028 1236335 746642 134755 97792 5987 30976 305854 224806 13397 67651 331724 269485 9191 53048 178489 65986 82247 30256 29500 29500 156000 156000 182472 182472 621076 512552 107947 577 128349 127499 606 244 30987 30987 891915 826891 26178 38846 193257 170066 19326 3865 54821 43472 2662 8687 PROGRAM AND EVENT CONSU 970696 948651 22045 MATERIALS AND SUPPLIES 767108 639143 56916 71049 EQUIPMENT RENTAL 313520 181930 63972 67618 OTHER EXPENSES 213181 180186 1024 31971 162405 45942 104630 11833 10240524 6818166 2011720 1410638 924546 1505793 799083 1616774 112502 378949 1155190 904103 313502 251087 40442510 42373029 7106624 4726952 126269 127349 49825036 50979933 615357 471749 9750 317250 625107 788999 X 4903074 5894079 44296855 44296855 49199929 50190934 49825036 50979933 493758 497247 0 X 0 1 X 1 0 X 10362573 9158549 10275249 10293093 10334908 50424372 10362573 9158549 10275249 10293093 10334908 50424372 26061001 24363371 1291115 939873 1077697 910147 831766 5050598 55474970 162923 0.43920 0.38830 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 47616716 1265271 1962700 46919287 45508224 1001607 2712085 1605200 47616716 43929189 3159838 1580803 45508224 42160171 3968968 2199950 43929189 44001200 359470 2200000 42160670 0.08280 0.25260 0.66460 0 0 1155190 904103 251087 251087 ALTERNATIVE INVESTMENTS 4726952 F 4726952 X PART V, LINE 4: THE FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF INCOME TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. ENDOWMENT FUNDS ARE USED TO SUPPORT PROGRAM ACTIVITIES, EDUCATIONAL OUTREACH AND GENERAL OPERATIONS. PART X, LINE 2: THE FOUNDATION RECOGNIZES AND MEASURES TAX POSITIONS BASED ON THEIR TECHNICAL MERIT AND ASSESSES THE LIKELIHOOD THAT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. INTEREST AND PENALTIES ON TAX LIABILITIES, IF ANY, WOULD BE RECORDED IN INTEREST EXPENSE AND OTHER NON-INTEREST EXPENSE, RESPECTIVELY. THE U.S. FEDERAL JURISDICTION AND FLORIDA ARE THE MAJOR TAX JURISDICTIONS WHERE THE FOUNDATION FILES INCOME TAX RETURNS. THE FOUNDATION IS GENERALLY NO LONGER SUBJECT TO U.S. FEDERAL OR STATE EXAMINATIONS BY TAX AUTHORITIES FOR FISCAL YEARS BEFORE 2017. X X X X X X X 1 DAUN LLC 207 WEST 21ST STREET SUITE 3 NEW YORK NY 10111 FUNDRAISING CONSULTANT 0 743005 156000 587005 743005 156000 587005 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC GALA 1524425 1466775 57650 93492 151607 598300 1524425 1466775 57650 93492 151607 598300 843399 -785749 1 YOUNGARTS FINALISTS, HONORABLE MENTION AND MERIT AWARDS 397 581250 0 CASH YOUNGARTS MICRO AND CREATIVE GRANT RECIPIENTS 306 285966 0 CASH PART I, LINE 2: CASH AWARDS THAT ARE ISSUED TO YOUNG ARTISTS ARE UNRESTRICTED AND THUS ARE NOT MONITORED. MICRO AND CREATIVE GRANT RECIPIENTS MUST SUBMIT A FINAL REPORT TO SHOW THE FUNDS WERE USED ACCORDING TO THE GRANT APPLICATION. X X X X X X 0 0 0 0 0 0 0 0 0 JEWELLYN MALONE EXECUTIVE DIRECTOR 306746 0 0 0 0 0 14500 0 25404 0 346650 0 0 0 STACEY GLASSMAN MIZENER VP OF DEVELOPMENT 239611 0 0 0 0 0 11668 0 25317 0 276596 0 0 0 LISA LEONE VP OF ARTISTIC PROGRAMS 234806 0 0 0 0 0 11418 0 18022 0 264246 0 0 0 DEJHA CARRINGTON VP OF EXTERNAL RELATIONS 205556 0 0 0 0 0 9891 0 9558 0 225005 0 0 0 MATTHEW NIELSON SENIOR DIRECTOR OF OPERATIONS 136679 0 0 0 0 0 7004 0 8165 0 151848 0 0 0 FORM 990, PART VI, SECTION A, LINE 1 THERE IS AN EXECUTIVE COMMITTEE OF YOUNGARTS WHICH COMPRISES OF MEMBERS FROM THE GOVERNING BOARD OF TRUSTEES. THERE ARE FOUR MEMBERS WHO SIT ON THIS COMMITTEE WHICH IS CHAIRED BY THE CHAIR OF THE BOARD OF TRUSTEES. THE FOUR MEMBERS OF THE EXECUTIVE COMMITTEE ARE SARAH ARISON, RICHARD KOHAN, JOHN O'NEIL AND MARCUS SHERIDAN. THE MAIN RESPONSIBILITIES ARE TO PROVIDE LEADERSHIP TO THE FULL BOARD OF TRUSTEES AND TO ACT ON BEHALF OF THE BOARD WHEN NECESSARY. THE EXECUTIVE COMMITTEE ALSO OVERSEES THE STRATEGIC PLAN TO ADVANCE THE MISSION OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY EXECUTIVE MANAGEMENT AND CONSULTANTS FROM PRICEWATERHOUSECOOPERS AND APPROVED BEFORE IT IS FILED BY THE INDEPENDENDENT ACCOUNTANT WHO PREPARED THE RETURN. THE BOARD OF TRUSTEES ARE SENT A COPY OF THE FORM 990 BEFORE THE TAX RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION'S CONFLICT OF INTEREST POLICY APPLIES TO EMPLOYEES AND IS INCLUDED IN THE EMPLOYEE HANDBOOK. ALL EMPLOYEES ACKNOWLEDGE THEIR UNDERSTANDING OF THE POLICY. THE EXECUTIVE DIRECTOR REITERATES THE POLICY AS DEEMED NECESSARY. THE EXECUTIVE DIRECTOR DETERMINES WHETHER A CONFLICT EXISTS AND REVIEWS THE CONFLICT. IF A CONFLICT EXISTS, RESTRICTIONS INCLUDE PROHIBITING THE EMPLOYEE FROM PARTICIPATING AND TERMINATION, IF NECESSARY. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION COMMITTEE REVIEWS THE COMPENSATION FOR THE EXECUTIVE DIRECTOR AND THESE DELIBERATIONS ARE GUIDED BY AN EXTERNAL PARTY'S COMPENSATION STUDY WHICH LOOKS AT COMPARABLE INSTITUTIONS AND THE CURRENT RATE IN THE MARKET TO ATTRACT THE BEST TALENT TO FILL THIS MOST IMPORTANT POSITION. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. NATIONAL YOUNGARTS FOUNDATION SUPPORTING ORGANIZATION INC C/O AFO LLC 2100 BISCAYNE BOULEVARD MIAMI FL 33137 455508211 FUNDRAISING FL 501(C)(3) LINE 12A, I NATIONAL YOUNGARTS FOUNDATION 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 NATIONAL YOUNGARTS FOUNDATION SUPPORTING ORGANIZATION INC O 627465 FMV NATIONAL YOUNGARTS FOUNDATION SUPPORTING ORGANIZATION INC K 1 CASH NATIONAL YOUNGARTS FOUNDATION SUPPORTING ORGANIZATION INC Q 239860 FMV