2021-11-15T10:05:57-06:00 2020-12-31 561138530 BUTLER BURKE LLP 100 CLUB OAKS COURT WINSTONSALEM NC 27104 990 2020-01-01 560637463 MORAVIAN MUSIC FOUNDATION MORA 3367227922 457 S CHURCH STREET WINSTONSALEM NC 27101 NOLA REED KNOUSE PHD EXECUTIVE DIRECTOR 3367250651 2021-06-30 1 NOLA REED KNOUSE PHD 999009999 JANE R POTTER P01057495 3367682310 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z NOLA REED KNOUSE PHD 457 S CHURCH STREET WINSTONSALEM NC 27101 323344 0 X WWW.MORAVIANMUSIC.ORG X 1956 NC PRESERVING, CELEBRATING, AND CULTIVATING THE MUSICAL CULTURE OF MORAVIANS. 26 26 8 141 0 0 292804 272456 15039 8104 78733 33012 263 596 386839 314168 0 0 0 0 422643 445841 0 0 49785 231586 149757 654229 595598 -267390 -281430 3493098 3741129 38649 299147 3454449 3441982 PRESERVING, CELEBRATING AND CULTIVATING THE MUSICAL CULTURE OF MORAVIANS. 0 0 179746 0 0 PRESERVING: ARCHIVAL CUSTODIANSHIP, MAINTAINING A REFERENCE LIBRARY AND CATALOG. 83291 0 8104 SHARING: RESEARCH, CONSULTATION, MUSIC LENDING LIBRARY, PUBLICATIONS, AND RECORDING. 95842 0 0 CELEBRATING: CONCERTS, LECTURES, PUBLIC PROGRAMS, AND FESTIVAL PROGRAMMING. 358879 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 NC X ROBYN GLANCE 3367730093 459 SOUTH CHURCH STREET WINSTONSALEM NC 27101 NOLA REED KNOUSE PHD EXECUTIVE DIRECTOR 40.00 X 79547 0 16504 AMANDA MOODY-SCHUMPERT TRUSTEE 1.00 X 0 0 0 ANDREW HALVERSON TRUSTEE 1.00 X 0 0 0 BENJAMIN WALLACE TRUSTEE 1.00 X 0 0 0 C RIDDICK WEBER TRUSTEE 1.00 X 0 0 0 CAITLIN HECKMAN TRUSTEE 1.00 X 0 0 0 DAVID BAGBY TRUSTEE 1.00 X 0 0 0 DAVID PINER TRUSTEE 1.00 X 0 0 0 EVADNE MORRISON-TAYLOR TRUSTEE 1.00 X 0 0 0 HUBERT FORT TRUSTEE 1.00 X 0 0 0 JEFF JONES TRUSTEE 1.00 X 0 0 0 JEFFREY GEMMELL TRUSTEE 1.00 X 0 0 0 JOHN IOBST TRUSTEE 1.00 X 0 0 0 KATHY BARNES TRUSTEE 1.00 X 0 0 0 PAULA LOCKLAIR TRUSTEE 1.00 X 0 0 0 REBECCA LEPORE TRUSTEE 1.00 X 0 0 0 REV BARRY FOSTER TRUSTEE 1.00 X 0 0 0 REV DAVID WICKMANN TRUSTEE 1.00 X 0 0 0 REV DENNIS ROHN TRUSTEE 1.00 X 0 0 0 REV JENNIFER MORAN TRUSTEE 1.00 X 0 0 0 REV PAUL HARDER TRUSTEE 1.00 X 0 0 0 RYAN MALONE TRUSTEE 1.00 X 0 0 0 STEWART CARTER TRUSTEE 1.00 X 0 0 0 G RANDALL GIBBS PRESIDENT 1.00 X X 0 0 0 BARBARA HOWARD VICE PRESIDENT 1.00 X X 0 0 0 HENRY NAISBY VICE PRESIDENT 1.00 X X 0 0 0 REV MATTHEW ALLEN SECRETARY 1.00 X X 0 0 0 79547 0 16504 0 0 0 0 0 272456 272456 SALES, NET 900099 8104 8104 8104 42188 42188 128 128 9176 -9176 -9176 -9176 MISCELLANEOUS 900099 468 468 468 314168 8104 0 33608 96051 72038 9605 14408 266987 208419 46722 11846 12619 7533 4786 300 43917 28275 12624 3018 26267 20320 4145 1802 22284 22284 4318 4318 1011 1001 10 34619 4985 15650 13984 51998 51998 4384 -285 4669 3674 3674 4765 4765 DATA PROCESSING 7969 45 3522 4402 PETER MEMORIAL 5248 5248 MUSIC 3482 3482 PROGRAM EXPENSES 2702 2702 3303 798 2490 15 595598 358879 186934 49785 168 168 40088 63285 111562 119945 948 2141 84747 74066 14355 10681 2831085 3093861 355741 305984 139151 145064 3493098 3741129 1980 2772 69008 36669 227367 38649 299147 X 2616632 2541157 837817 900825 3454449 3441982 3493098 3741129 X -281430 263050 5913 X X 0 1 X 1 0 X 222211 157555 252778 249691 272456 1154691 222211 157555 252778 249691 272456 1154691 11702 1142989 65841 64344 82215 66565 42316 321281 120 4308 7525 42 468 12463 1488435 176804 0.76790 0.61800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 39738 3822 43560 34198 5540 39738 58029 -2065 21766 34198 51171 7646 788 58029 47628 100 3443 51171 0.00000 1.00000 0.00000 0 0 84747 74066 10681 10681 SHORT TERM RESERVES & CASH (PRORATA SHARE HELD IN POOLED ACCT) 121712 F REAL ESTATE 184272 F 305984 DUE TO OTHER MORAVIAN CHURCH ENTITIES, NET 227367 227367 X 583131 263050 5913 268963 314168 0 314168 595598 0 595598 0 595598 PART III, LINE 1A: THE COLLECTIONS ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS IN THE YEAR ACQUIRED. IN ACCORDANCE WITH THE PROVISIONS OF FASB ASC TOPIC 958-605, "REVENUE RECOGNITION FOR NOT-FOR-PROFIT ENTITIES," THE FOUNDATION DOES NOT CAPITALIZE DONATED COLLECTION ITEMS OR RECOGNIZE THEM AS REVENUES OR GAINS. THAT STATEMENT PROVIDES THAT SUCH DONATIONS NEED NOT BE RECOGINZED IF THEY ARE ADDED TO COLLECTIONS THAT ARE HELD FOR PUBLIC EXHIBITION, EDUCATION OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FINANCIAL GAIN; ARE PROTECTED, KEPT UNENCUMBERED, CARED FOR AND PRESERVED; AND ARE SUBJECT TO A POLICY THAT REQUIRES THE PROCEEDS FROM SALES OF COLLECTION ITEMS TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. PART III, LINE 4: THE MORAVIAN MUSIC FOUNDATION IS CUSTODIAN OF SOME 10,000 MUSICAL MANUSCRIPTS AND IMPRINTS, PRIMARILY DATING FROM THE 18TH AND 19TH CENTURIES. IN ADDITION, THE FOUNDATION CARES FOR SOME 6,000 BOOKS AND PERIODICALS, ABOUT 4,000 OF WHICH DATE FROM THE 18TH AND 19TH CENTURIES; A SIGNFICANT COLLECTION OF 20TH CENTURY SOUND RECORDINGS; AND SOME HISTORICAL DOCUMENTS THAT COMPLEMENT THE MUSIC COLLECTIONS. THE FOUNDATION MAKES THESE MATERIALS AVAILABLE TO RESEARCHERS; INTERPRETS THEIR HISTORY AND CULTURAL SIGNIFICANCE VIA PUBLICATIONS, LECTURES AND WORKSHOPS; PRODUCES RECORDINGS; AND ASSISTS WITH CONCERT PRODUCTION AND PROMOTION USING THESE MATERIALS. PART V, LINE 4: PERMANENTLY RESTRICTED NET ASSETS ARE HELD IN PERPETUITY. INCOME FROM THESE ASSETS IS EXPENDABLE TO SUPPORT THE ACTIVITIES OF THE FOUNDATION. PART X, LINE 2: THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION AND IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170 AND IS CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A). ACCORDINGLY, INCOME TAX EXPENSE IS LIMITED TO ACTIVITIES THAT ARE DEEMED BY THE INTERNAL REVENUE SERVICE TO BE UNRELATED TO THEIR EXEMPT PURPOSE. THE FOUNDATION'S PRIMARY TAX POSITIONS RELATE TO ITS STATUS AS A NOT-FOR-PROFIT ENTITY EXEMPT FROM INCOME TAXES AND CLASSIFICATION OF ACTIVITIES RELATED TO ITS EXEMPT PURPOSE. IT IS THE OPINION OF MANAGEMENT THAT THE FOUNDATION HAS NO UNCERTAIN TAX POSITIONS THAT WOULD BE SUBJECT TO CHANGE UPON EXAMINATION. THE FOUNDATION IS REQUIRED TO FILE A FEDERAL EXEMPT ORGANIZATION TAX RETURN (FORM 990) ANNUALLY TO RETAIN ITS EXEMPT STATUS. THE FOUNDATION IS ALSO REQUIRED TO FILE AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) FOR ANY YEAR GROSS UNRELATED BUSINESS INCOME EXCEEDS $1,000. THE FOUNDATION'S FORM 990 FILINGS ARE GENERALLY SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR THREE YEARS AFTER THEY ARE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 3,980. CHANGE IN VALUE OF PERPETUAL TRUSTS 1,933. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE DIRECTOR, PRESIDENT OF THE BOARD, THE CHAIR OF THE FINANCE COMMITTEE AND THE TREASURER PRIOR TO FILING. COPIES ARE KEPT AT THE AKD CENTER AND ARE AVAILABLE FOR INSPECTION BY ANY BOARD OR COMMITTEE MEMBER. FORM 990, PART VI, SECTION C, LINE 19 MMF HAS AN OPEN-DOOR POLICY REGARDING ANY FINANCIAL RECORDS. THEY ARE AVAILABLE FOR INSPECTION TO ANY DONOR OR POTENTIAL DONOR, ALL PAST AND PRESENT BOARD MEMBERS, AS WELL AS ANY NON-PROFIT GOVERNING BODY. WHILE THIS IS NOT ADVERTISED, IT IS UNDERSTOOD THAT EVERY REQUEST FOR THIS TYPE OF INFORMATION HAS ALWAYS BEEN FULFILLED. FORM 990, PART XI, LINE 9: CHANGE IN SPLIT-INTEREST AGREEMENTS 3,980. CHANGE IN PERPETUAL TRUSTS 1,933. FORM 990, PART XII, LINE 2C: THE OVERSIGHT/SELECTION PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.