2019-11-12T07:45:44-06:00 2018-12-31 410746749 CLIFTONLARSONALLEN LLP 901 N GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2018-01-01 237011544 WOLF TRAP FOUNDATION FOR THE PERFORMING ARTS WOLF 7032551900 1645 TRAP ROAD VIENNA VA 22182 ARVIND MANOCHA PRESIDENT/CEO 7032551900 2019-11-11 1 AMY CHAPMAN P00843460 5712279500 67.137.57.251 2019-11-11 13:15:55 ES P 3F26782FE4A8D097B8E6D44DA42E2066FBD559CC 22B6DA6E04110CB685C107BE4314F90C78D51411 2018 2020-03-31 21:24:44Z ARVIND MANOCHA 1645 TRAP ROAD VIENNA VA 22182 40373223 0 X WWW.WOLFTRAP.ORG X 1968 DC TO PRESENT AND CREATE EXCELLENT AND INNOVATIVE PERFORMING ARTS PROGRAMSFOR THE ENRICHMENT, EDUCATION, AND ENJOYMENT OF DIVERSE AUDIENCES AND PARTICIPANTS. 46 45 720 200 753564 144472 12767238 13834355 24941829 23234091 2578639 982682 252963 530804 40540669 38581932 49500 61890 0 0 12714092 12695234 129834 137284 4090014 24574852 23868280 37468278 36762688 3072391 1819244 51883143 51273753 4292021 4349588 47591122 46924165 X TO PRESENT AND CREATE EXCELLENT AND INNOVATIVE PERFORMING ARTS PROGRAMS FOR THE ENRICHMENT, EDUCATION, AND ENJOYMENT OF DIVERSE AUDIENCES AND PARTICIPANTS. 0 0 24497284 0 18154092 PERFORMANCE:THE FILENE CENTER AT WOLF TRAP IS THE ONLY NATIONAL PARK DEDICATED TO PRESENTING THE PERFORMING ARTS. FROM LATE MAY TO EARLY SEPTEMBER ALMOST 325,000 PATRONS AT 72 PERFORMANCES WERE IN ATTENDANCE AT SHOWS THAT INCLUDED POP, ROCK, MUSICAL THEATER, SYMPHONY & FILM, DANCE, OPERA, AND MORE WITH AN AVERAGE TICKET PRICE OF $56. THE FILENE CENTER HAS THE SECOND LARGEST THEATRICAL STAGE IN THE COUNTRY; SEATS 7,028, NEARLY 4,000 OF WHICH ARE COVERED WITH OPEN SIDES AND VIEWS OF THE TALL TREES AND ROLLING HILLS IN THE PARK. THE REMAINDER OF THE SEATING IS UNCOVERED ON A SLOPING LAWN WHERE PATRONS CAN BRING PICNICS TO ENJOY BEFORE & DURING PERFORMANCES. THE BARNS AT WOLF TRAP PRESENTS APPROXIMATELY 85 PERFORMANCES FROM OCTOBER TO EARLY MAY AT OUR 382 SEAT INDOOR VENUE. ALMOST 30,000 PATRONS ENJOY LEGENDARY ARTISTS AND EXCITING UP-AND-COMING TALENTS IN A DIVERSE ARRAY OF MUSICAL GENRES WITH AN AVERAGE TICKET PRICE OF $44. THE THEATER WAS BUILT FROM TWO RESTORED 18TH CENTURY BARNS AND WAS A GIFT FROM OUR FOUNDER, CATHERINE FILENE SHOUSE. 2840181 35000 2996205 EDUCATION: EACH YEAR, WOLF TRAP EDUCATION DELIVERS HIGH QUALITY ARTS-LEARNING EXPERIENCES TO MORE THAN 93,000 CHILDREN AND ADULTS, LOCALLY, NATIONALLY, AND INTERNATIONALLY. AT THE HEART OF WOLF TRAP'S EDUCATION OUTREACH FOR MORE THAN THREE DECADES, THE WOLF TRAP INSTITUTE FOR EARLY LEARNING THROUGH THE ARTS (INSTITUTE) IS RECOGNIZED NATIONALLY AS A MODEL FOR INCORPORATING THE PERFORMING ARTS INTO PRESCHOOL AND KINDERGARTEN CURRICULA. CONDUCTING EARLY CHILDHOOD EDUCATION THROUGH ARTS INTEGRATION IN 24 STATES AND THE DISTRICT OF COLUMBIA, INCLUDING 17 WOLF TRAP INSTITUTE NATIONAL AFFILIATE SITES ACROSS THE US, THE INSTITUTE PROVIDES DIRECT SERVICES TO CHILDREN BETWEEN THE AGES OF THREE MONTHS AND 6 YEARS AND MULTIPLIES ITS IMPACT THROUGH PROFESSIONAL DEVELOPMENT FOR EARLY CHILDHOOD EDUCATORS, PARENTS, AND CAREGIVERS. THE INSTITUTE SEEKS TO ADDRESS TWO PRIMARY CONCERNS: (1) THE SCHOOL READINESS OF CHILDREN WHO LIVE IN ECONOMICALLY DISADVANTAGED CIRCUMSTANCES; AND (2) ACCESS TO EFFECTIVE PROFESSIONAL DEVELOPMENT FOR TEACHERS WHO WORK WITH THESE CHILDREN. BY INTEGRATING PERFORMING ARTS STRATEGIES INTO EARLY CHILDHOOD STANDARDS-BASED INSTRUCTION, THE INSTITUTE ENHANCES CHILDREN'S COGNITIVE, PHYSICAL, AND SOCIAL/EMOTIONAL DEVELOPMENT, AS WELL AS LITERACY, SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH (STEM) SKILLS DEVELOPMENT. EACH SUMMER, WOLF TRAP EDUCATION SERVES 16,000 CHILDREN, PARENTS, AND OTHER CAREGIVERS THROUGH WOLF TRAP CHILDREN'S THEATRE-IN-THE-WOODS (CTITW). BUILDING ON FOUR DECADES AS A BELOVED COMMUNITY INSTITUTION, THIS PROGRAM COMPRISES SEVEN WEEKS OF PERFORMANCES WITH NATIONALLY ACCLAIMED PROFESSIONAL MUSICIANS, ACTORS, AND DANCERS AT AN OUTDOOR VENUE SITUATED IN THE WOODS NEAR THE FILENE CENTER AT WOLF TRAP NATIONAL PARK FOR THE PERFORMING ARTS. THIS UNIQUE, FAMILY-FRIENDLY VENUE OFFERS THE PERFECT ENVIRONMENT FOR LIVELY ADVENTURES IN MUSIC, DANCE, THEATER, AND PUPPETRY. WOLF TRAP EDUCATION ALSO MANAGES THE ORGANIZATION'S INTERNSHIP PROGRAM, A HIGHLY COMPETITIVE PROGRAM CONSISTENTLY RANKED AMONG THE NATION'S BEST. EACH YEAR APPROXIMATELY 43 FULL- AND PART-TIME INTERNSHIPS PROVIDE STUDENTS AND RECENT GRADUATES WITH INVALUABLE HANDS-ON EXPERIENCE AND CONNECTIONS IN THE ADMINISTRATIVE SIDE OF THE ARTS. VALUING A COMMITMENT TO DIVERSITY AND THE POWER OF THE ARTS TO CHANGE SOCIETY, WOLF TRAP BROADENS ACCESS AND ENTRY INTO THE ARTS MANAGEMENT PROFESSION BY OFFERING MULTICULTURAL AND ECONOMIC DIVERSITY INITIATIVES AS A PART OF THE INTERNSHIP PROGRAM. WOLF TRAP EDUCATION ANNUALLY ACKNOWLEDGES AND AWARDS THE WORK AND ACHIEVEMENTS OF SIX OUTSTANDING PERFORMING ARTS TEACHERS FROM SCHOOL DISTRICTS IN THE DC/MD/VA METRO AREA THROUGH GRANTS FOR HIGH SCHOOL PERFORMING ARTS TEACHERS. AT THE CENTER FOR EDUCATION AT WOLF TRAP AND ON THE FILENE CENTER AND CTITW STAGES, WOLF TRAP EDUCATION OFFERS FIELD TRIP PERFORMANCES, CLASSES, AND MASTER CLASSES SERVING ALL AGES THAT ENCOURAGE LIFELONG LEARNING THROUGH THE ARTS. 2732153 26890 1926505 OPERA: WOLF TRAP OPERA (WTO), CREATED IN 1971, IS A HIGHLY REGARDED RESIDENCY PROGRAM FOR OPERA SINGERS. IT OFFERS EMERGING ARTISTS ONE OF THE BEST TRAINING AND PERFORMING EXPERIENCES IN THE NATION. OUR PRIMARY TIER OF FILENE YOUNG ARTISTS HAVE COMPLETED ADVANCED DEGREES AND ARE ALREADY ESTABLISHED SINGERS ON THE VERGE OF PROFESSIONAL CAREERS; STUDIO ARTISTS ARE TALENTED STUDENT SINGERS CONSIDERING A CAREER IN THE FIELD. WTO PROVIDES BOTH CAREER GUIDANCE AND A CHANCE TO POLISH SKILLS NEEDED TO ADVANCE TO THE NEXT LEVEL AND OFFERS AN OPPORTUNITY FOR OUR NATION'S MOST TALENTED YOUNG PERFORMERS TO EXPERIENCE THE DEMANDS OF A PROFESSIONAL CAREER IN THE PERFORMING ARTS. HIGHLY ACCLAIMED PERFORMANCES ARE HELD AT BOTH THE FILENE CENTER AND THE BARNS. IN 2018, THE COMPANY SELECTED 18 FILENE YOUNG ARTISTS (REPRESENTING 7 STATES AND 3 FOREIGN COUNTRIES) WHO THEN PERFORMED IN 11 BARNS PERFORMANCES (TWO DIFFERENT OPERAS AND TWO CONCERTS) AND ONE STAGED FILENE CENTER OPERA WITH THE NATIONAL SYMPHONY ORCHESTRA. THE 18 STUDIO ARTISTS PERFORMED SMALL ROLES AND IN THE CHORUS OF WTO PRODUCTIONS. ALUMNI HAVE GONE ON TO CAREERS PERFORMING WITH SOME OF THE LEADING OPERA COMPANIES IN THE WORLD. 30069618 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 308 1 1 720 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 46 45 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA CT DC DE FL IA MA MD MT NC NJ NV NY PA SC SD TX VA WA WV WY X GEORGIA GRENA 7032551900 1645 TRAP ROAD VIENNA VA 22182 DANIEL A D'ANIELLO CHAIR 3.00 X X 0 0 0 HILLARY BALTIMORE VICE CHAIR & SECRETARY 2.00 X X 0 0 0 VIN FERRARO TREASURER 2.00 X X 0 0 0 CE ANDREWS DIRECTOR 1.00 X 0 0 0 PATRICE KING BRICKMAN DIRECTOR 1.00 X 0 0 0 TERESA CARLSON DIRECTOR 1.00 X 0 0 0 ENRICO A DELLA CORNA DIRECTOR 1.00 X 0 0 0 LYNN R DILLON DIRECTOR 1.00 X 0 0 0 RIC EDELMAN DIRECTOR 1.00 X 0 0 0 VIRGINIA MCGEHEE FRIEND DIRECTOR 1.00 X 0 0 0 GREGORY S GALLOPOULOS DIRECTOR 1.00 X 0 0 0 GIL GUARINO DIRECTOR 1.00 X 0 0 0 MARGARET GUPTA DIRECTOR 1.00 X 0 0 0 JANET HILL DIRECTOR 1.00 X 0 0 0 DONALD IRWIN IV DIRECTOR 1.00 X 0 0 0 RICHARD JEANNERET DIRECTOR 1.00 X 0 0 0 BRODERICK D JOHNSON DIRECTOR 1.00 X 0 0 0 DIRK KEMPTHORNE DIRECTOR 1.00 X 0 0 0 JOHN E KING DIRECTOR 1.00 X 0 0 0 ANNE R KLINE DIRECTOR 1.00 X 0 0 0 MATTHEW KORN DIRECTOR 1.00 X 0 0 0 NANCY J LABEN DIRECTOR 1.00 X 0 0 0 DAVID H LANGSTAFF DIRECTOR 1.00 X 0 0 0 JENNIFER M LOWE DIRECTOR 1.00 X 0 0 0 MARK C LOWHAM DIRECTOR 1.00 X 0 0 0 GARY D MATHER DIRECTOR 1.00 X 0 0 0 TERRI MCCLEMENTS DIRECTOR 1.00 X 0 0 0 THOMAS W MINNICK DIRECTOR 1.00 X 0 0 0 RAMONA MOCKOVIAK DIRECTOR 1.00 X 0 0 0 MARK G MYKITYSHYN DIRECTOR 1.00 X 0 0 0 CHRISTOPHER J NASSETTA DIRECTOR 1.00 X 0 0 0 REED W NEUMAN DIRECTOR 1.00 X 0 0 0 SEAN O'KEEFE DIRECTOR 1.00 X 0 0 0 PATRICK S PACIOUS DIRECTOR 1.00 X 0 0 0 CHARLES L PROW DIRECTOR 1.00 X 0 0 0 DION RUDNICKI DIRECTOR 1.00 X 0 0 0 SRIKANT SASTRY DIRECTOR 1.00 X 0 0 0 DANIELLE O SAUNDERS DIRECTOR 1.00 X 0 0 0 FREDRICK SCHAUFELD DIRECTOR 1.00 X 0 0 0 MARK A SIMIONE DIRECTOR 1.00 X 0 0 0 ROBERT G VAN HOECKE DIRECTOR 1.00 X 0 0 0 JOHN B VEIHMEYER DIRECTOR 1.00 X 0 0 0 KATHY WARDEN DIRECTOR 1.00 X 0 0 0 BRUCE D WARDINSKI DIRECTOR 1.00 X 0 0 0 JOHN B WOOD DIRECTOR 1.00 X 0 0 0 NICHOLAS CALIO UNTIL 0218 DIRECTOR 1.00 X 0 0 0 DENISE GRANT UNTIL 0218 DIRECTOR 1.00 X 0 0 0 FREDERICK HUMPHRIES UNTIL 0218 DIRECTOR 1.00 X 0 0 0 TIM KEATING UNTIL 0218 DIRECTOR 1.00 X 0 0 0 JOHN LEE IV UNTIL 0218 DIRECTOR 1.00 X 0 0 0 B FRANCIS SAUL III UNTIL 0218 DIRECTOR 1.00 X 0 0 0 KIMBERLY STEWART UNTIL 0218 DIRECTOR 1.00 X 0 0 0 STEPHEN D KAHN DIRECTOR/GENERAL COUNSEL 1.00 X X 0 0 0 ARVIND MANOCHA PRESIDENT & CEO 40.00 X 629820 0 30651 BETH BRUMMEL CHIEF OPERATING OFFICER 40.00 X 296510 0 37955 SARA JAFFE VP, DEVELOPMENT & SPECIAL EVENTS 40.00 X 221435 0 36795 SARA BEESLEY VP, PROGRAM & PRODUCTION 40.00 X 185105 0 23455 JOANN LABRECQUE VP, COMMUNICATIONS & MARKETING 40.00 X 174147 0 34610 KIM WITMAN VP, OPERA & CLASSICAL PROGRAMMING 40.00 X 168730 0 25540 CHRISTOPHER ECKERT VP, OPERATIONS 40.00 X 161630 0 33770 1837377 0 222776 11 0 1 0 L F JENNINGS INC 407 N WASHINGTON ST 200 FALLS CHURCH VA 22046 CONSTRUCTION 1867413 JOHN F KENNEDY CENTER FOR THE PERFORMING PO BOX 101510 ARLINGTON VA 22210 PERFORMING ARTIST 990241 AVITECTURE INC 1 EXPORT DRIVE STERLING VA 20164 AV SOLUTIONS 881964 WHITE64 8603 WESTWOOD CENTER DRIVE TYSONS VA 22182 ADVERTISING 715352 HASTINGS CLAYTON & TUCKER INC 9696 CULVER BLVD 105 CULVER CITY CA 90232 PERFORMING ARTIST 512978 76 141096 1977852 922163 10793244 675300 13834355 TICKET REVENUE 711130 18183170 18183170 CONCESSIONS 900099 2266713 2030361 236352 TICKET FEES 900099 1509254 1509254 EDUCATION FEES 900099 1223305 1223305 MEMBER EVENTS 900099 51649 51649 23234091 762284 762284 352886 96909 255977 255977 242542 13435 1047166 826768 220398 220398 220398 208426 1977852 829433 -621007 -621007 51460 1846 49614 49614 368710 36335 332375 189757 142618 INSURANCE SETTLEMENT 900099 276403 276403 ADVERTISING 541800 158379 84913 73466 79063 79063 513845 38581932 23076802 753564 917211 61890 61890 993140 595884 181905 215351 9375912 6685453 869026 1821433 402573 310756 34919 56898 1167384 819852 123579 223953 756225 512128 100707 143390 108431 61835 46596 68545 68545 137284 137284 95766 95766 2076929 1478132 246633 352164 2632299 2429116 30642 172541 732070 478510 85260 168300 239102 103470 52972 82660 770600 626192 82481 61927 823335 778477 15746 29112 678025 498518 111940 67567 248855 248855 PERFORMANCE FEES 12607063 12603063 4000 FOOD AND BEVERAGE 1102018 708871 102323 290824 PRODUCTION COSTS 679534 677174 2360 1005708 640297 102801 262610 36762688 30069618 2603056 4090014 5089228 3501653 9590725 7263040 786911 1377160 231451 347780 122816 119114 110543 84190 25914040 11695717 11750587 14218323 24200882 24090240 0 272253 51883143 51273753 2390198 1963231 1901823 2386357 4292021 4349588 X 30540137 31707297 15043994 13209877 2006991 2006991 47591122 46924165 51883143 51273753 1819244 -2486201 0 X X 0 1 X 1 0 X 10405001 10851592 13740925 12792236 13834355 61624109 16531902 17475513 22588833 22531278 23076802 102204328 1951825 2187527 2374080 2597595 978474 10089501 28888728 30514632 38703838 37921109 37889631 173917938 2018881 3429089 4128489 4148834 3235032 16960325 0 2018881 3429089 4128489 4148834 3235032 16960325 156957613 366786 862794 956230 1176941 1115170 4477921 366786 862794 956230 1176941 1115170 4477921 4016 4016 29259530 31377426 39660068 39098050 39004801 178399875 0.87980 0.89010 0.02510 0.02230 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS PROGRAM RELATED INCOME - 2014 AMOUNT: $ 4,016. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 1 9868 0 0 9868 0 PART II-B, LINE 1: WOLF TRAP WORKS WITH FELLOW ARTS ORGANIZATIONS TO ADVOCATE FOR FAIR TREATMENT FOR THE NONPROFIT ARTS COMMUNITY THROUGH CONTACT WITH OUR ELECTED OFFICIALS AT THE STATE, LOCAL, AND NATIONAL LEVELS. OUR ACTIVITIES INCLUDE CORRESPONDENCE, MEETINGS WITH PUBLIC OFFICIALS AND TESTIMONY AT PUBLIC HEARINGS BY WOLF TRAP BOARD AND STAFF MEMBERS AND OTHER MEMBERS OF THE COMMUNITY WHO SUPPORT THE ARTS AND EDUCATION. 24112954 566845 -1742956 836589 22100254 22183767 233555 2744036 1048404 24112954 20240873 1519606 1466321 1043033 22183767 21066783 356126 -205776 976260 20240873 20316875 191192 1473957 915341 21066683 0.54000 0.10000 0.36000 0 0 2339849 2339849 18082223 9272522 8809701 5491968 2423195 3068773 14218323 X 37575641 -2486201 611153 964523 -910525 38486166 95766 95766 38581932 38242598 611153 964523 1575676 36666922 95766 95766 36762688 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A)(2) OF THE IRC. THE FOUNDATION IS SUBJECT TO INCOME TAXES ON ANY UNRELATED BUSINESS INCOME ACTIVITIES. MANAGEMENT ANNUALLY REVIEWS ITS TAX POSITIONS AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 96,909. COGS 36,335. FUNDRAISING AND GAMING EXPENSES 831,279. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 96,909. COGS 36,335. FUNDRAISING AND GAMING EXPENSES 831,279. X X X X X X X 1 AVALON CONSULTING 2030 M STREET 700 WASHINGTON DC 20036 CONSULTS ON DIRECT MAIL COMPAIGNS, TELEMARKETING, AND EMAIL 0 2425288 137284 2288004 2425288 137284 2288004 DC DE FL IA MD MT NV NJ NY NC PA SC SD VT VA WV WY TX CT CA WOLF TRAP BALL 1843542 1736427 107115 197153 20350 452173 WINE AT WOLF TRAP 191935 137130 54805 54670 2575 29306 1 150801 104295 46506 28011 700 44495 2186278 1977852 208426 279834 23625 525974 829433 -621007 51460 1846 1 1.00000 51460 1846 1846 49614 VA 1 0 1 0 1.00000 GEORGIA GRENA 1645 TRAP ROAD VIENNA VA 22182 0 JESSICA AYLOR 12 BOOKKEEPING X 1 0 1 CFS CAREER GRANTS 15 26890 PROGRAM SERVICE GRANTS 21 35000 PART I, LINE 2: WOLF TRAP EDUCATION REWARDS TEACHERS, AFFILIATES AND ORGANIZATIONS WHO CREATE INNOVATIVE NEW PROGRAMS. APPLICANTS ARE REQUIRED TO SUBMIT DOCUMENTATION. WOLF TRAP STAFF MONITORS THE PROGRAM IMPLEMENTATION, OBSERVES THE FINAL PROJECTS, AND COMPLETES AND SUBMITS A REPORT TO FUNDERS. WOLF TRAP OPERA AWARDED CAREER DEVELOPMENT GRANTS TO FIFTEEN FILENE YOUNG ARTISTS WITH MONIES PROVIDED BY THE SHOUSE EDUCATION FUND. INDIVIDUAL GRANTS RANGED FROM BETWEEN $1,300 AND $2,000. GRANT RECIPIENTS WERE REQUIRED TO SUBMIT RECEIPTS AND A LETTER INDICATING HOW THE FUNDS WERE USED TO ADVANCE THEIR CAREER IN MUSIC BY JUNE 1, 2019. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 ARVIND MANOCHA PRESIDENT & CEO 495000 0 105000 0 29820 0 12396 0 18255 0 660471 0 0 0 BETH BRUMMEL CHIEF OPERATING OFFICER 254975 0 30000 0 11535 0 11455 0 26500 0 334465 0 0 0 SARA JAFFE VP, DEVELOPMENT & SPECIAL EVENTS 205885 0 15250 0 300 0 10295 0 26500 0 258230 0 0 0 SARA BEESLEY VP, PROGRAM & PRODUCTION 169615 0 15250 0 240 0 8480 0 14975 0 208560 0 0 0 JOANN LABRECQUE VP, COMMUNICATIONS & MARKETING 162230 0 10250 0 1667 0 8110 0 26500 0 208757 0 0 0 KIM WITMAN VP, OPERA & CLASSICAL PROGRAMMING 151500 0 15250 0 1980 0 7285 0 18255 0 194270 0 0 0 CHRISTOPHER ECKERT VP, OPERATIONS 145385 0 15250 0 995 0 7270 0 26500 0 195400 0 0 0 PART I, LINE 1B ARVIND MANOCHA'S SOCIAL DUES ARE TAXABLE TO ARVIND ON HIS W2 - $1,643 X 40 663800 FMV X MAINTENANCE SUPPLIES 0 11500 FMV 0 0 1 1 PART I, COLUMN (B): COLUMN (B) REPORTS THE NUMBER OF CONTRIBUTORS. PART I, LINE 32B: A THIRD PARTY BROKERAGE FIRM RECEIVES PHYSICAL DELIVERY OF ALL PUBLICLY TRADED SECURITIES INCLUDING STOCKS, BONDS AND MUTUAL FUNDS; THEY IMMEDIATELY SELL THE CERTIFICATES AND THE PROCEEDS ARE DEPOSITED INTO WOLF TRAP'S OPERATING BANK ACCOUNT. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE THE AUTHORITY OF THE BOARD OF DIRECTORS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE FOLLOWING INDIVIDUALS: (A) AS EX OFFICIO MEMBERS, THE CHAIRMAN OF THE BOARD, WHO SHALL SERVE AS THE CHAIRMAN OF THE EXECUTIVE COMMITTEE, THE VICE CHAIR/SECRETARY OF THE BOARD, THE PRESIDENT AND GENERAL COUNSEL. (B) THE CHAIRS OF EACH OF THE STANDING COMMITTEES; AND (C) NO MORE THAN THREE ELECTED DIRECTORS WHO SHALL BE APPOINTED BY THE CHAIRMAN OF THE BOARD OF DIRECTORS, EACH FOR A ONE YEAR TERM. ONCE IN AT LEAST FOUR MEETINGS THE EXECUTIVE COMMITTEE SHALL MEET IN EXECUTIVE SESSION, WITHOUT THE PRESENCE OF ANY INDIVIDUAL WHO IS NOT A MEMBER OF THE EXECUTIVE COMMITTEE AND WITHOUT THE PRESENCE OF THE PRESIDENT, BUT, WITH THE PRESENCE OF THE GENERAL COUNSEL. FORM 990, PART VI, SECTION B, LINE 11B THE FINAL PREPARATION OF THE 990 IS COMPLETED BY WOLF TRAP'S AUDIT FIRM AND REVIEWED BY WOLF TRAP'S VP, FINANCE. THE 990 IS THEN REVIEWED BY WOLF TRAP'S PRESIDENT/CEO AND THE AUDIT COMMITTEE. SUBSEQUENT TO THIS REVIEW, A COPY OF THE FINAL DRAFT IS MADE AVAILABLE TO THE FULL BOARD BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C PERSONS COVERED UNDER CONFLICT OF INTEREST POLICY INCLUDE ALL OFFICERS, DIRECTORS, AND EMPLOYEES. ONCE PER YEAR, OR AT TIME OF HIRE, EMPLOYEES ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY AND DISCLOSE ANY CONFLICTS. AT THE MAY BOARD MEETING, ALL BOARD MEMBERS ARE REQUIRED TO SIGN THE POLICY AND DISCLOSE ANY CONFLICTS. THE EXECUTIVE OFFICE OF THE FOUNDATION MONITORS AND ENFORCES BOARD RESPONSES AND THE HR DEPARTMENT MONITORS AND ENFORCES ALL EMPLOYEE RESPONSES. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT/CEO'S COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTEE OF THE FOUNDATION BASED ON AN ANNUAL PERFORMANCE REVIEW OF HIS ACCOMPLISHMENTS, GOALS AND OBJECTIVES. ADDITIONALLY, A QUALIFIED INDEPENDENT COMPENSATION CONSULTANT IS ENGAGED TO PROVIDE A DETAILED COMPARATIVE ANALYSIS OF OTHER CEO COMPENSATION AT SIMILAR ORGANIZATIONS TO THE SUPPORT THE REASONABLENESS OF HIS TOTAL COMPENSATION PACKAGE. THE PROCESS IS DOCUMENTED IN CONTEMPORANEOUS WRITTEN MINUTES DETAILING THE ANALYSIS AND BASIS FOR THE COMPENSATION DETERMINATION. THE PRESIDENT/CEO REVIEWS THE ANNUAL PERFORMANCE AND COMPENSATION OF THE COO AND KEY EMPLOYEES. ADDITIONALLY, A QUALIFIED INDEPENDENT COMPENSATION CONSULTANT WAS ENGAGED TO PROVIDE A DETAILED COMPARATIVE ANALYSIS OF COMPENSATION AT SIMILAR ORGANIZATIONS TO THE SUPPORT THE REASONABLENESS OF TOTAL COMPENSATION PACKAGES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.