2019-11-18T10:44:27-06:00 2019-07-31 910189318 MOSS ADAMS LLP 6565 AMERICAS PARKWAY NE STE 600 ALBUQUERQUE NM 87110 990 2018-08-01 860197576 THE FRANK LLOYD WRIGHT FOUNDATION FRAN 4808602700 12621 N FRANK LLOYD WRIGHT BLVD SCOTTSDALE AZ 852592537 JOY HANSON COO/VP- FINANCE & ADMIN. 4808602700 2019-11-17 1 PAMELA ALEXANDERSON P01218925 5058787200 2019-11-17 73.242.194.32 2019-11-17 17:58:55 MS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 B42E819D00EA3FB217DBD1B5F0A4C86A4E06413A 2018 2020-03-31 21:24:44Z STUART GRAFF 12621 N FRANK LLOYD WRIGHT BLVD SCOTTSDALE AZ 852592537 10157789 0 X WWW.FRANKLLOYDWRIGHT.ORG X 1965 AZ PRESERVING TALIESIN AND TALIESIN WEST FOR FUTURE GENERATIONS, AND INSPIRING SOCIETY THROUGH AN UNDERSTANDING AND EXPERIENCE OF FRANK LLOYD WRIGHT'S IDEAS, ARCHITECTURE AND DESIGN. 12 12 136 100 305960 9493 1795583 2506396 4969737 5202188 74408 86102 1111934 1094371 7951662 8889057 50000 0 0 0 3978706 4427548 0 0 933188 3622905 3610697 7651611 8038245 300051 850812 16054916 17298788 868574 1201019 15186342 16097769 PRESERVING TALIESIN AND TALIESIN WEST FOR FUTURE GENERATION, AND INSPIRING SOCIETY THROUGH AN UNDERSTANDING AND EXPERIENCE OF FRANK LLOYD WRIGHT'S IDEAS, ARCHITECTURE AND DESIGN. 0 0 2056395 0 0 BUILDING PRESERVATION - THE FRANK LLOYD WRIGHT FOUNDATION INVESTS CAPITAL AND CONSIDERABLE EFFORTS IN ORDER TO PROTECT, MAINTAIN, AND RESTORE THE ARCHITECTURALLY HISTORIC STRUCTURES AND SPACES THAT COMPRISE ITS CAMPUSES IN BOTH SCOTTSDALE, ARIZONA AND SPRING GREEN, WISCONSIN. 1716240 0 3902544 PUBLIC TOURS AND ACCESS PROGRAM - THE FRANK LLOYD WRIGHT FOUNDATION OFFERS TOURS AND EDUCATIONAL OUTREACH PROGRAMS TO INCREASE PUBLIC AWARENESS OF THE WORK OF FRANK LLOYD WRIGHT AND THE FIELD OF ARCHITECTURE. ABOUT 109,000 INDIVIDUALS VISITED THE HISTORIC SCOTTSDALE, ARIZONA, LANDMARK DURING THE FISCAL YEAR ENDED JULY 31, 2019. 3056267 2053847 RETAIL STORE; LICENSING PROGRAM; K - 12 EDUCATION PROGRAMS, PARTNERSHIPS. 6828902 1 1 0 0 0 0 1 1 0 1 1 0 0 1 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 83 0 1 136 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AZ CA CO DC FL IA IL IN MA MD MI MN MO NJ NY OH PA TX VA WA WI X X JOY HANSON 6028005441 12621 N FRANK LLOYD WRIGHT BLVD SCOTTSDALE AZ 85259 MAJA WESSELS CHAIR 10.00 X X 0 0 0 ALANNA MACK VICE CHAIR (THRU 8/17/18) 5.00 X X 0 0 0 RAY LIPMAN TREASURER (THRU 1/2/19) 5.00 X X 0 0 0 SEAN RUSH SECRETARY 5.00 X X 0 0 0 TIMOTHY RADDEN TREASURER 5.00 X X 0 0 0 JOEL BENKIE TRUSTEE 5.00 X 0 0 0 SUSAN JACOBS-LOCKHART TRUSTEE (THRU 8/17/18) 5.00 X 0 0 0 CATHERINE LENHART TRUSTEE 5.00 X 0 0 0 TK MCCLINTOCK TRUSTEE 10.00 X 0 0 0 CHRISTOPHER THOMPSON TRUSTEE 5.00 X 0 0 0 ROBERT SKERKER TRUSTEE 5.00 X 0 0 0 MICHAEL DESMOND TRUSTEE 5.00 X 0 0 0 MARK DREHER TRUSTEE 5.00 X 0 0 0 HEATHER LENKIN TRUSTEE 5.00 X 0 0 0 ANNE STUPP TRUSTEE 5.00 X 0 0 0 STUART GRAFF CEO & PRESIDENT 40.00 X 257219 0 7109 JOY HANSON VP OF FINANCE & COO 40.00 X 146494 0 9370 FREDERICK PROZILLO VP OF PRESERVATION 40.00 X 123950 0 16887 AMY FLYNN DIRECTOR OF I.T. 40.00 X 118857 0 6158 646520 0 39524 4 0 1 0 0 2506396 670742 2506396 PUBLIC TOURS & ACCESS 561520 3902544 3902544 LICENSING PROGRAM 900099 1004354 1004354 EDUCATIONAL OUTREACH 900099 245290 245290 ANNUAL ACCESS FEE 900099 50000 50000 5202188 68098 68098 34208 0 34208 34208 34208 402575 384571 18004 18004 18004 1919831 884161 1035670 754203 281467 GUEST HOUSING 531390 24493 24493 24493 8889057 5956391 305960 120310 266573 221256 7997 37320 3544986 2906873 125475 512638 15545 10900 2702 1943 326790 284025 6978 35787 273654 231456 1369 40829 83937 75737 8200 28600 28600 350091 299088 14361 36642 271566 245670 2031 23865 168393 122715 2161 43517 243328 172642 16921 53765 676875 667874 3279 5722 67182 55920 3209 8053 673350 640463 20093 12794 189990 148882 23633 17475 RESERVATION EXPENSE 323634 323634 SUPPLIES 138874 130675 2170 6029 PROGRAM EXPENSES 110393 72223 1198 36972 284484 218869 5778 59837 8038245 6828902 276155 933188 491509 170674 40345 493600 903173 208381 243689 203843 209604 156325 154105 19594811 9508336 9791441 10086475 2382980 2139710 38191 2780092 2859567 16054916 17298788 687358 543740 104762 77092 76454 580187 868574 1201019 X 14611415 14375363 574927 1722406 15186342 16097769 16054916 17298788 850812 62255 -1640 0 X 0 1 X 1 0 X 2543139 1688252 719033 1795583 2504756 9250763 2543139 1688252 719033 1795583 2504756 9250763 1236767 8013996 106424 114765 73098 182035 102306 578628 9829391 31578319 0.81530 0.76930 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 4 551.00 2 0 0 2 1 37194.00 1922601 1 X X X X 0 594571 594571 0.00000 0.00000 1.00000 0 0 878026 878026 11605909 5862623 5743286 5118862 2968883 2149979 1992014 676830 1315184 10086475 ARCHIVES, ART OBJECTS, AND DRAWING LIBRARY COLLECTION 2859567 2859567 X 9835473 62255 884161 946416 8889057 0 8889057 8924046 1640 884161 885801 8038245 0 8038245 PART II, LINE 9: THE CONSERVATION AND HISTORIC STRUCTURE EASEMENTS WERE PUT IN PLACE BY THE FOUNDATION ON PROPERTY WHERE TITLE WAS ALREADY HELD. THE EXPENSES ASSOCIATED WITH PLACING THE EASEMENTS WERE EXPENSED AS INCURRED. THE REAL PROPERTIES UPON WHICH THE EASEMENTS WERE PLACED ARE CARRIED ON THE FOUNDATION'S BOOKS AT HISTORIC COST. PART III, LINE 4: THE MAJORITY OF THE COLLECTIONS ARE PERSONAL ARTWORK AND DECORATIVE ITEMS ACQUIRED BY THE LATE FRANK LLOYD WRIGHT. THE COLLECTIONS ARE AVAILABLE BY APPOINTMENT FOR RESEARCH, EXHIBITION AND PUBLICATION. PART V, LINE 4: THE ENDOWMENT IS FOR THE BENEFIT OF THE SCHOOL OF ARCHITECTURE AT TALIESIN AND IS TO BE SPENT ON PRESERVATION OF THE SPACES THE SCHOOL UTILIZES AT THE TALIESIN ESTATE IN WISCONSIN. PART X, LINE 2: THE FRANK LLOYD WRIGHT FOUNDATION IS ORGANIZED AS AN ARIZONA NONPROFIT ORGANIZATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). THE FOUNDATION FILES ANNUALLY A RETURN OF ORGANIZATIONS EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE FOUNDATION IS GENERALLY SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSE. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE FOUNDATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. PART XI, LINE 2D - OTHER ADJUSTMENTS: COGS INCLUDED IN EXPENSES FOR FINANCIAL STATEMENTS 884,161. PART XII, LINE 2D - OTHER ADJUSTMENTS: COGS INCLUDED IN EXPENSES FOR FINANCIAL STATEMENTS 884,161. EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES LICENSING SERVICES EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES LICENSING SERVICES 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X X 0 0 0 0 0 0 0 0 0 STUART GRAFF CEO & PRESIDENT 257219 0 0 0 0 0 0 0 4792 0 262011 0 0 0 JOY HANSON VP OF FINANCE & COO 146494 0 0 0 0 0 0 0 9370 0 155864 0 0 0 X 85 7681 FMV OR SELLING PRICE X PLEDGE OF PUBLICLY TRADED INVESTMENTS 1 594571 FAIR MARKET VALUE ON X CAPITAL PRESERVATION PROJECTS-MATERIALS 1 61776 COST X WINE INVENTORY AND COOLER 1 6714 COST 0 0 1 0 PART I, LINE 33: N/A FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE IS COMPRISED OF THE CHAIRMAN, VICE CHAIR, TREASURER, SECRETARY, AND A MEMBER-AT-LARGE, AS WELL AS THE PRESIDENT/CEO (WHO IS NON-VOTING). THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO GIVE DIRECTIONS TO STAFF, MAKE DECISIONS FOR THE ENTIRE BOARD, AND MAY ENTER INTO CONTRACTS OR MAKE AGREEMENTS, IF NEEDED. IN PRACTICE, THE ENTIRE BOARD WILL BE CALLED FOR MATERIAL TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE 990 AND RELATED SCHEDULES ARE EMAILED TO ALL MEMBERS OF THE FINANCE COMMITTEE FOR REVIEW. UPON CONFIRMATION THAT THE FINANCE COMMITTEE DOES NOT RECOMMEND ANY FURTHER CHANGES, THE RETURN IS PROVIDED TO THE ENTIRE GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION'S CONFLICT OF INTEREST POLICY MUST BE CONSULTED AND SATISFIED PRIOR TO ENTERING INTO ANY TRANSACTION OR ARRANGEMENT COVERED BY THE POLICY. POTENTIAL CONFLICTS ARE REVIEWED BY THE NON-CONFLICTED TRUSTEES OR COMMITTEE MEMBERS, AND THEY SHALL DECIDE IF A CONFLICT EXISTS. IF A CONFLICT IS DETERMINED TO EXIST, THE FOUNDATION WILL EXPLORE CONFLICT-FREE OPTIONS, AND IF SUCH OPTIONS ARE FEASIBLE, THEN THE DISINTERESTED TRUSTEES VOTE ON WHETHER OR NOT TO ENTER INTO THE CONFLICTED TRANSACTION OR ARRANGEMENT. THE OFFICERS, TRUSTEES AND EMPLOYEES OF THE FOUNDATION ANNUALLY ACKNOWLEDGE THE POLICY AND DISCLOSE ANY INTEREST WHICH MAY BE IN CONFLICT IN WRITING. FORM 990, PART VI, SECTION B, LINE 15 FOR ALL SENIOR MANAGEMENT POSITIONS, THE FOUNDATION CONSULTS MARKET SURVEYS, AND EMPLOYS COMPARABILITY ANALYSIS IN THE DETERMINATION OF APPROPRIATE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAINTAINS A COPY OF ITS FORM 990 ON ITS OWN WEBSITE, LOCATED AT WWWW.FRANKLLOYDWRIGHT.ORG, AS WELL AS LISTING IT ON GUIDESTAR.ORG. THE RETURN IS ALWAYS IMMEDIATELY AVAILABLE UPON REQUEST. THE FOUNDATION'S ANNUAL REPORT IS POSTED ON THE COMPANY WEBSITE AND INCLUDES FINANCIAL INFORMATION. THE WEBSITE ALSO INCLUDES THE FOUNDATION'S MISSION AND VISION STATEMENT, AND LISTINGS OF THE BOARD OF TRUSTEES. ALL GOVERNING, TAXATION AND FINANCIAL DOCUMENTS, REQUIRED TO BE MADE PUBLIC, ARE AVAILABLE UPON WRITTEN, E-MAILED OR TELEPHONE REQUEST, OR IF REQUESTED IN PERSON, AT THE COMPANY'S HEADQUARTERS IN SCOTTSDALE, ARIZONA.