2020-11-12T08:46:15-06:00 2019-12-31 KPMG LLP 345 Park Avenue New York NY 101540102 990 2019-01-01 134923060 AMERICAN KENNEL CLUB INC % PETER ROHSLAU AMER 2126968200 101 PARK AVENUE Suite 5TH FL NEW YORK NY 10178 THEODORE PHILLIPS CONTROLLER 2126968200 2020-11-11 true DAVID M HIGHFILL P01517891 2127589700 2020-11-11 199.207.253.101 13407320203175000008 2020-11-12 P F7E791049FCEE4943A341CCA4F642AE72B60D2A0 3334E7B7F03F731422ECC73C4D529CE40FFEDC8C 2019 2022-01-07 14:23:13Z DENNIS B SPRUNG 101 PARK AVENUE 5TH FL NEW YORK NY 10178 86019882 false X WWW.AKC.ORG X 1884 NY 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. 15 15 742 0 4910444 243435 0 0 59234960 71114611 1731355 1487120 17960266 10757337 78926581 83359068 6272796 4138708 0 0 38812318 42840064 0 0 0 51625306 45748537 96710420 92727309 -17783839 -9368241 193134107 129313562 152257114 87442775 40876993 41870787 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. false false 24029298 16714165 DOG EVENTS, CONFORMATION, AND JUDGING: CONFORMATION, COMPANION AND PERFORMANCE EVENTS ADDRESSED THE INCREASING INTEREST OF PARTICIPANTS AND EVALUATED THE PERFORMANCE OF BREEDS (APPROACHING 22,800 EVENTS HELD). 19245054 41242293 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. 16805432 12444511 Canine services and products: Pet care services, advisory services and dog products to support dog ownership and wellness. 17684068 713642 77763852 false false false true false false true false true true true false true true true false true false false true true false false false false false true true true false false false false false false false false false false false false true true true true false true 256 0 742 true true true false false false true true false true false X 15 15 false false false false true true true true true false true true true true true true true true true true false X PETER ROHSLAU 2126968200 101 PARK AVENUE 5TH FL NEW YORK NY 10178 X Dennis B Sprung President & CEO 50.0 0.0 X 1128790 0 580026 Jay Waks Sr. EVP & General Counsel 50.0 0.0 X 499229 0 35532 Gina M DiNardo Executive Secretary 50.0 2.0 X 382887 0 119551 Mark Dunn Executive VP 50.0 5.0 X 423725 0 45408 Joseph V Baffuto CFO 50.0 6.0 X 320711 0 114088 Heather McManus VP & Deputy Gen Counsel 50.0 0.0 X 256243 0 137377 Doug V Ljungren EVP, Sports & Events 50.0 1.0 X 313485 0 67418 Keith L Frazier II EVP BUS SUPP. SVCS 50.0 0.0 X 244635 0 122831 David Roberts Exec. Breeder Development 50.0 0.0 X 242086 0 118285 Cynthia Beagles VP, Bus Development 50.0 0.0 X 239146 0 98152 James Tysseling COO Pet Care LLC 40.0 0.0 X 163067 0 23022 Ann Wallin DIRECTOR 5.0 5.0 X 12000 0 0 Christopher L Sweetwo DIRECTOR 5.0 0.0 X 12000 0 0 Dominic P Carota DIRECTOR 5.0 0.0 X 12000 0 0 Harold Tatro III DIRECTOR 5.0 5.0 X 12000 0 0 Karolynne M McAteer DIRECTOR 5.0 0.0 X 12000 0 0 Rita J Biddle DIRECTOR 5.0 5.0 X 12000 0 0 Thomas S Powers DIRECTOR 5.0 0.0 X 12000 0 0 William J Feeney chairman/director 5.0 0.0 X X 12000 0 0 Daniel J Smyth ESQ DIRECTOR (as of 3/12/19) 5.0 0.0 X 10000 0 0 Dr Charles Garvin DIRECTOR 5.0 0.0 X 10000 0 0 Steven Hamblin DIRECTOR (as of 3/12/19) 5.0 0.0 X 10000 0 0 Patricia M Cruz vice chair/director 5.0 0.0 X X 9600 0 0 Dr Thomas M Davies DIRECTOR 5.0 0.0 X 8000 0 0 Harvey M Wooding Director (thru 7/05/19) 5.0 5.0 X 7000 0 0 Dr Carmen Battaglia DIRECTOR 5.0 5.0 X 3000 0 0 Ronald H Menaker CHAIRMAN emeritus 5.0 1.0 X 3000 0 0 4364604 0 1461690 57 false true false STRUCTURE TONE LLC 330 West 34th Street NEW YORK NY 10001 CONSTRUCTION 5882703 B Live LLC 253 36th Street 6th Fl BROOKLYN NY 11232 Production Costs 1918754 ISTHMUS INC PO BOX 601690 CHARLOTTE NC 28260 Technology/Software 1758926 USPS 1217 Bay Road WEBSTER NY 14580 Postage 1080000 CDW COMPUTER CENTERS INC PO Box 75723 CHICAGO IL 60675 COMPUTER HARDWARE 902727 64 0 DOG REGISTRATIONS 41242293 41242293 DOG EVENTS, PERFORMANCE AND JUDGING 16714165 16714165 PRODUCT & SERVICE SALES 12444511 12444511 PUBLIC EDUCATION & CANINE WELFARE 713642 713642 71114611 1487120 51168 1435952 0 3105987 3105987 0 0 0 0 0 0 0 0 0 0 5760475 2660814 3099661 307587 2792074 ADVERTISING INCOME 4551689 4551689 4551689 83359068 71114611 4910444 7334013 X 4049508 4049508 64200 64200 25000 25000 0 3838778 1739117 2099661 0 31331777 27035343 4296434 3980750 3349911 630839 1225523 1052410 173113 2463236 2087995 375241 3434237 3019645 414592 579250 542148 37102 403927 403927 0 0 150743 150743 2466333 1888518 577815 2768022 2458479 309543 5466651 5098598 368053 3418056 2881238 536818 28000 28000 6727965 5579839 1148126 2296679 2097088 199591 0 3411707 2744378 667329 676372 676372 0 10585844 9596531 989313 1092839 983137 109702 CREDIT CARD FEES 1189682 1186283 3399 0 INCOME TAX EXPENSE 773648 773648 0 OTHER MISC EXPENSES 278582 256486 22096 0 92727309 77763852 14963457 0 444504 2264980 742935 3232459 0 0 57013402 1673493 0 0 0 0 0 0 0 0 7663865 5864058 67445181 42204010 26179103 25241171 74459862 60376607 26630436 21976662 0 0 0 0 0 8684132 193134107 129313562 119081773 10461440 0 0 2125235 2783491 0 0 0 0 0 0 0 0 0 0 31050106 74197844 152257114 87442775 X 40876993 41870787 0 0 40876993 41870787 193134107 129313562 X -9368241 15162152 -358201 -4441916 X false true X true false true false false X SEE PART XIII false 89727000 -6573000 83154000 70055000 19672000 89727000 82570000 -12515000 70055000 79814000 2756000 82570000 52177000 27637000 79814000 1.00000 false false 0 15466179 2221005 13245174 0 4811449 2674753 2136696 0 47167553 37308252 9859301 25241171 0 DUE FROM AKC MUSEUM OF THE DOG 8138308 DUE FROM AKC CAR 458740 DUE FROM AKC HUMANE FUND 87084 8684132 0 DEFERRED LEASE LIABILITY 8872677 DEBT AND CAPITAL LEASE OBLIGATIONS 537723 POSTRETIREMENT BENEFIT OBLIGATIONS OTHER THAN PENSIONS 30019118 PENSION BENEFITS OBLIGATION 34768326 74197844 X COLLECTION OF ART SCHEDULE D, PART III, LINE 3E THE CLUB MAINTAINS A LIBRARY AND COLLECTION OF ARTWORK, WHICH ARE NOT RECOGNIZED AS ASSETS IN THE FINANCIAL STATEMENTS. THE CLUB'S COLLECTION OF ARTWORK WAS PRIMARILY ACQUIRED THROUGH CONTRIBUTIONS SINCE THE ORGANIZATION'S INCEPTION. ACQUISITIONS WERE ADDED TO THE COLLECTION DURING 2014 AND 2013. THE CLUB'S LIBRARY COLLECTION, ESTABLISHED IN 1934, WAS ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE ITS PURCHASES FOR THE LIBRARY'S COLLECTION ARE EXPENSED IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. THE ITEMS IN THE LIBRARY ARE NOT CIRCULATED. THE COLLECTIONS ARE HELD FOR PUBLIC EXHIBITION AND EDUCATIONAL AND RESEARCH PURPOSES. EACH OF THE ITEMS IS PRESERVED AND CARED FOR AND MAINTENANCE ACTIVITIES ARE PERFORMED CONTINUOUSLY. THE COLLECTIONS ARE GENERALLY NOT SOLD. HOWEVER, IN THE EVENT THAT THEY WERE, THE PROCEEDS COULD BE REINVESTED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. INTENDED USE OF ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 4 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. UNCERTAIN TAX POSITIONS SCHEDULE D, PART X, LINE 2 THE CLUB FOLLOWS THE PROVISIONS OF ASC 740-10, INCOME TAXES - OVERALL, 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 POSITION TAKEN, OR EXPECTED TO BE TAKEN, IN FILING TAX RETURNS. IT REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN, OR EXPECTED TO BE 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 YEAR ENDED DECEMBER 31, 2019. true Europe (Including Iceland and Greenland) 0 0 Investments 622642 Europe (Including Iceland and Greenland) 0 0 Grantmaking HARMONIZATION PROJECT 25000 0 0 0 0 647642 647642 Europe (Including Iceland and Greenland) Harmonization project 25000 WIRE FMV 1 true false true true true false SCHEDULE F, PART I, LINE 2 AKC MANAGEMENT REQUIRES PERIODIC REPORTS FROM GRANT RECPIENTS AFTER 6 AND 12 MONTHS FOLLOWING ISSUANCE OF THE GRANT. true AKC Museum of the Dog 101 Park Ave New York NY 10178 431485438 501(c)(3) 2605309 CASH N/A Museum Grant Canine Health Foundation PO Box 37941 Raleigh NC 27627 133813813 501(c)(3) 1355765 CASH N/A Medical Research National Animal Interest Alliance Trust PO BOX 66579 PORTLAND OR 97290 527114458 501(c)(4) 50000 CASH N/A PROMOTE ANIMAL WELFARE The AKC Humane Fund 101 Park Ave 5th fl New York NY 10178 260542468 501(c)(3) 23819 CASH N/A General Operations Center for Assault Treatment Services 8210 Etiwanda Ave Reseda CA 91335 237444901 501(c)(3) 10000 CASH N/A Domestic Violence 4 1 SCHOLARSHIPS 36 64200 FMV N/A SCHEDULE I, PART I, LINE 2 AKC MANAGEMENT REQUIRES PERIODIC REPORTS FROM GRANT RECIPIENTS AFTER 6 AND 12 MONTHS FOLLOWING ISSUANCE OF THE GRANT. X X X X false true false false false false false true false Dennis B Sprung President & CEO 555665 0 400000 0 173125 0 555436 0 24590 0 1708816 0 0 0 Gina M DiNardo Executive Secretary 285454 0 96000 0 1433 0 85994 0 33557 0 502438 0 0 Joseph V Baffuto CFO 222297 0 94000 0 4414 0 82537 0 31551 0 434799 0 0 Mark Dunn Executive VP 322331 0 95000 0 6394 0 16478 0 28930 0 469133 0 0 Keith L Frazier II EVP BUS SUPP. SVCS 174080 0 70000 0 555 0 103133 0 19698 0 367466 0 0 Doug V Ljungren EVP, Sports & Events 214837 0 75000 0 23648 0 46201 0 21217 0 380903 0 0 Jay Waks Sr. EVP & General Counsel 424229 0 75000 0 0 9800 0 25732 0 534761 0 0 Heather McManus VP & Deputy Gen Counsel 195097 0 46000 0 15146 0 122234 0 15143 0 393620 0 0 David Roberts Exec. Breeder Development 86984 0 150400 0 4702 0 99139 0 19146 0 360371 0 0 Cynthia Beagles VP, Bus Development 163531 0 70625 0 4990 0 72800 0 25352 0 337298 0 0 James Tysseling COO Pet Care LLC 163067 0 0 0 5276 0 17746 0 186089 0 0 SCHEDULE J, PART I 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. SCHEDULE J, 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 SCHEDULE J, 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 $400,000 -Joseph Baffuto $94,000 -Doug Ljungren $75,000 -Mark Dunn $95,000 -Gina Dinardo $96,000 -Jay Waks $75,000 -DAVID ROBERTS $150,400 -CYNTHIA BEAGLES $70,625 -KEITH L. FRAZIER II $70,000 -HEATHER MCMANUS $46,000 SCHEDULE J, PART II THE AMOUNTS REPORTED IN THE RETIREMENT AND OTHER DEFERRED COMPENSATION COLUMN ON SCHEDULE J INCLUDE THE COMPANY'S MATCHING CONTRIBUTION TO THE 401K PLAN AND THE 2019 INCREASE IN THE ACTUARIAL VALUE OF THE CUMULATIVE ANTICIPATED DEFINED BENEFIT PENSION PLAN'S FUTURE PAYMENTS OVER THE EMPLOYEE'S ESTIMATED LIFETIME. THERE WAS NO CASH COMPENSATION RECEIVED BY THE EMPLOYEES IN THIS REGARD. MISSION FORM 990, PART III, LINE 1 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 OTHER PROGRAM SERVICE ACCOMPLISHMENTS FORM 990, PART III, LINE 4D OTHER REGISTRATION-RELATED SERVICES AND PRODUCTS: INCLUDING BUT NOT LIMITED TO, PEDIGREE HISTORIES, MIXED BREED LISTINGS, TRANSFERS, LATE FEES, CO-OWNERSHIP FEES, AND OTHER. MEMBERS FORM 990, PART VI, LINE 7A AND 7B 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 15 BOARD MEMBERS ARE PART OF THE 626 MEMBER CLUBS). BOARD REVIEW OF FORM 990 FORM 990, PART VI, LINE 11B 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. COMPLIANCE WITH CONFLICT OF INTEREST POLICY FORM 990, PART VI, LINE 12C 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. COMPENSATION REVIEW PROCESS PART VI, SECTION B, LINE 15A AND 15B A COMPONENT OF THE BOARD-APPROVED EXECUTIVE COMPENSATION PROGRAM IS BASED UPON REVIEW WITH EXTERNAL CONSULTANTS OF THE ORGANIZATION'S OVERALL PERFORMANCE IN COMBINATION WITH THE INDIVIDUAL'S PERFORMANCE. THE PROGRAM IS ADMINISTERED AND REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS AND ADHERES TO OUR CONFLICT OF INTEREST POLICY. THE COMPENSATION REVIEW PROGRAM 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. AVAILABLE TO THE PUBLIC FORM 990, PART VI, LINE 19 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 8 ADOPTION OF ASC 606 ($358,201) FORM 990, PART XI, LINE 9 UNRECOGNIZED COMPONENT OF NET PERIODIC BENEFIT: ($4,441,916) AKC PET CARE LLC 101 Park Ave NEW YORK DE 10178 471666858 PET-RELATED DE 6992830 3152877 AKC INC Smart Pet Technologies LLC 101 Park Ave NEW YORK NY 10178 475647869 pet-related DE 0 17093 AKC INC AKC COMPANION ANIMAL RECOVERY 101 PARK AVENUE NEW YORK NY 10178 133904402 PET RECOVERY NY 501(C)(3) 10 AKC INC true AKC HUMANE FUND INC 101 PARK AVENUE NEW YORK NY 10178 260542468 PET-RELATED NY 501(C)(3) 10 AKC INC true AMERICAN KENNEL CLUB PAC 101 PARK AVENUE NEW YORK NY 10178 261372850 POLITICAL NY 527 AKC INC false AMERICAN KENNEL CLUB MUSEUM OF DOG 101 PARK AVENUE 5TH FLOOR NEW YORK NY 10178 431485438 MUSEUM MO 501(C)(3) 10 AKC INC true false false true true false false false false false false false false false false false false false false AKC Companion Animal Recovery C 1025000 Cash AKC HUMANE FUND D 87084 FMV AMERICAN KENNEL CLUB MUSEUM OF DOG C 2605309 Cash