2019-04-29T12:28:33-05:00 2018-06-30 560574444 CHERRY BEKAERT LLP 1111 METROPOLITAN AVE STE 900 CHARLOTTE NC 28204 990 2017-07-01 560693436 ARTS & SCIENCE COUNCIL CHARLOTTE/MECKLENBURG INC ARTS 7043332272 227 WEST TRADE STREET SUITE 250 CHARLOTTE NC 28202 ROBERT E BUSH JR PRESIDENT 7043332272 2019-04-25 1 AMANDA ADAMS P00748038 7043771678 68.142.180.174 2019-04-25 04:06:24 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 18694F53AD11E15FFCEA276DE93F63B2E746D691 2017 2019-02-21 02:37:17Z ROBERT E BUSH JR 227 WEST TRADE STREET SUITE 250 CHARLOTTE NC 28202 15857379 0 X WWW.ARTSANDSCIENCE.ORG X 1958 NC SEE SCHEDULE O. THE ARTS & SCIENCE COUNCIL IS A PROACTIVE, NON-PROFIT ORGANIZATION THAT PROVIDES THE PLANNING, OVERSIGHT AND FUNDING REQUIRED TO ENSURE AND SUPPORT A VIBRANT AND CULTURALLY DIVERSE ARTS, SCIENCE, AND HISTORY COMMUNITY IN CHARLOTTE-MECKLENBURG FOR THE EDUCATION OF OUR CHILDREN AND THE ENJOYMENT OF ALL RESIDENTS. 26 26 47 400 0 11076 11537392 15843756 0 0 7217 -776 0 0 11544609 15842980 8788886 8384817 0 0 2924505 3046397 0 0 1508304 2541680 6600226 14255071 18031440 -2710462 -2188460 47664532 44085990 12259660 9394767 35404872 34691223 X SEE SCHEDULE O.THE ARTS & SCIENCE COUNCIL (ASC) IS: THE COMMUNITY'S CHIEF ADVOCATE FOR ARTS, SCIENCE, HISTORY AND HERITAGE, A GATHERER AND STEWARD OF PUBLIC AND PRIVATE COMMUNITY RESOURCES, AN INVESTOR OF THOSE RESOURCES IN THE CULTURAL SECTOR AND COMMUNITY, THE STRATEGIC PLANNER FOR THE COMMUNITY'S CULTURAL SECTOR, AND THE PUBLIC ART AGENT FOR THE CITY OF CHARLOTTE AND MECKLENBURG COUNTY. THE MISSION OF THE ORGANIZATION IS BUILDING APPRECIATION, PARTICIPATION AND SUPPORT FOR ARTS, SCIENCE, HISTORY AND HERITAGE IN CHARLOTTE-MECKLENBURG. THE VISION IS TO SHAPE A VIBRANT CULTURAL LIFE FOR ALL. 0 0 5761517 5761517 THE ARTS & SCIENCE COUNCIL GRANTED OPERATING SUPPORT FUNDING TO 31 REGIONAL CULTURAL PARTNERS. GRANTS ARE AWARDED BY A DELIBERATE SYSTEM OF PEER AND EXPERT REVIEW CONDUCTED BY PANELS OF CITIZEN VOLUNTEERS AND PROFESSIONAL STAFF. AWARDS ARE MADE BASED ON A PRE-ESTABLISHED RANKING SYSTEM THAT TAKES INTO CONSIDERATION PROGRAM EXCELLENCE, RELEVANCE AND FINANCIAL STEWARDSHIP. GRANT AWARD RECOMMENDATIONS FROM THE REVIEW PROGRAM EXCELLENCE, RELEVANCE AND FINANCIAL STEWARDSHIP. GRANT AWARD RECOMMENDATIONS FROM THE REVIEW PANELS ARE APPROVED BY ASC'S BOARD OF DIRECTORS. 4384732 2623300 THE ARTS & SCIENCE COUNCIL MAKES A VARIETY OF PROJECT SUPPORT GRANTS AND FUNDS AN ARRAY OF SERVICES THAT CONTRIBUTE TO THE VITALITY AND SUSTAINABLITY OF THE REGIONAL CULTURAL SECTOR. THESE GRANTS AND SERVICES DIRECTLY ALIGN WITH ASC'S MISSION OF SUSTAINING ACCESS TO AN EXCELLENT AND RELEVANT CULTURAL SECTOR - ADVANCING ARTS, SCIENCE, HISTORY, AND HERITAGE ENDEAVORS IN THE CHARLOTTE-MECKLENBURG REGION. IN CONCERT WITH ASC'S OPERATING SUPPORT PROGRAM, PROJECT AND OTHER SERVICE FUNDING BUILD COMMUNITY, INCREASE CULTURAL PROGRAM RELEVANCE AND INNOVATION, AND ADVANCE THE ARTS, SCIENCE, HISTORY, AND HERITAGE IN PRE K-12 EDUCATION. 5267400 THE ARTS & SCIENCE COUNCIL PROVIDES MANAGEMENT SERVICES FOR THE CITY OF CHARLOTTE, MECKLENBURG COUNTY, AND OTHER PRIVATE PARTNERS TO ENSURE EXCELLENCE AND RELEVANCE OF PUBLIC ART PROGRAMMING AND INSTALLATION. 15413649 1 1 0 0 0 1 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 214 0 1 47 1 1 1 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 1 1 1 1 1 1 0 NC X X X NINA SCHULTZ 7043332272 227 W TRADE ST SUITE 250 CHARLOTTE NC 28202 ROBERT E HARRINGTON CHAIR 3.50 X X 0 0 0 PAULA R VINCENT CHAIR-ELECT 3.50 X X 0 0 0 SUSAN R FAULKNER IMMEDIATE PAST CHAIR 3.50 X X 0 0 0 WILLIAM L HAWKINS SECRETARY 3.50 X X 0 0 0 JEANNE E JOHNSON TREASURER 3.50 X X 0 0 0 NORMA ABBENE DIRECTOR 3.50 X 0 0 0 STACEY M ANDERSON DIRECTOR 3.50 X 0 0 0 MELISSA A BANKS DIRECTOR 3.50 X 0 0 0 KATHRYN W BLACK DIRECTOR 3.50 X 0 0 0 MICHAEL A BRYANT DIRECTOR 3.50 X 0 0 0 JULIE EISELT DIRECTOR 3.50 X 0 0 0 WILLIAM P FARTHING JR DIRECTOR 3.50 X 0 0 0 BRIAN L FRANKLIN DIRECTOR 3.50 X 0 0 0 MATTHEW GARDNER DIRECTOR 3.50 X 0 0 0 DURRAL R GILBERT DIRECTOR 3.50 X 0 0 0 RANDY J HARRINGTON DIRECTOR 3.50 X 0 0 0 WESLEY MANCINI DIRECTOR 3.50 X 0 0 0 VALECIA M MCDOWELL DIRECTOR 3.50 X 0 0 0 SUSAN L PATTERSON DIRECTOR 3.50 X 0 0 0 KATRINA PRIDE DIRECTOR 3.50 X 0 0 0 KATRINA W ROSS DIRECTOR 3.50 X 0 0 0 ELLA SCARBOROUGH DIRECTOR 3.50 X 0 0 0 JUSTIN S STEINSCHRIBER DIRECTOR 3.50 X 0 0 0 DEBORAH STEWART DIRECTOR 3.50 X 0 0 0 MIKE VASAUNE DIRECTOR 3.50 X 0 0 0 TIFFANY E WADDELL DIRECTOR 3.50 X 0 0 0 ROBERT E BUSH JR PRESIDENT 50.00 X 208162 0 16767 SUSAN GARY SVP/COO 50.00 X 146343 0 18181 KATHERINE M MOORING SVP/PROGRAMS & SERVICES 50.00 X 123784 0 15888 BARBARA ANN TEMPLE VP/EDUCATION 50.00 X 133465 0 12530 611754 0 63366 4 0 1 0 0 1603924 10526003 3713829 98713 15843756 99 99 13524 14399 -875 -875 -875 15842980 0 0 -776 X 8105181 8105181 279636 279636 563058 231090 255160 76808 1951748 885421 452913 613414 80850 35049 24788 21013 277224 143764 66195 67265 173517 78775 44753 49989 29475 19424 3109 6942 5086022 4981158 32438 72426 266455 49585 10550 206320 185184 73153 44786 67245 243150 70724 30400 142026 271933 162809 54562 54562 78272 35578 15417 27277 PROCESSING FEES 81073 34856 17206 29011 358662 227446 57210 74006 18031440 15413649 1109487 1508304 2235008 1834522 9142257 7163789 3110355 558600 91294 73311 1798199 1424288 444422 373911 17407 2822 32623789 34079035 47664532 44085990 759376 594367 5128513 3598965 6371771 5201435 12259660 9394767 X -1939392 -2798601 9435899 9581459 27908365 27908365 35404872 34691223 47664532 44085990 X -2188460 -186 1474997 X 0 1 X 1 0 X 13258068 10937706 10322998 11537392 15843756 61899920 13258068 10937706 10322998 11537392 15843756 61899920 527900 61372020 454 112 99 665 61900585 0.99150 0.98750 X 3 0 0 1354117 1 1 32623789 3078921 1623675 34079035 31432008 30000 2734306 1572525 32623789 32095072 907804 1570868 31432008 33415834 7564 1328326 32095072 30680498 4227998 1492662 33415834 0.81890 0.18110 0 1 1 1798199 1424288 373911 373911 BENEFICIAL INTEREST IN GREATER CHARLOTTE CULTURAL TRUST 34079035 34079035 PAYABLE - DESIGNATED BENEFICIARIES 5201435 5201435 X 17371047 -186 53256 1474997 1528067 15842980 0 15842980 18084696 53256 53256 18031440 0 18031440 PART V, LINE 4: ASC'S ENDOWMENT CONSISTS OF 19 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. PART X, LINE 2: ASC IS EXEMPT FROM FEDERAL INCOME TAX UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"). IN ACCORDANCE WITH IRC REGULATIONS, ASC IS TAXED ON UNRELATED BUSINESS INCOME, WHICH CONSISTS OF EARNINGS FROM ACTIVITIES NOT RELATED TO THE EXEMPT PURPOSE OF ASC. ASC ACCOUNTS FOR TAX UNCERTAINTIES BASED ON A MORE LIKELY THAN NOT RECOGNITION THRESHOLD WHEREBY TAX BENEFITS ARE ONLY RECOGNIZED WHEN ASC BELIEVES THAT THEY HAVE A GREATER THAN 50% LIKELIHOOD OF BEING SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL INTEREST 1,474,997. 1 A SIGN OF THE TIMES OF THE CAROLINAS 6228 EAGLE PEAK DRIVE CHARLOTTE NC 28214 204766220 501 (C) (3) 31472 OPERATING SUPPORT, CULTURE BLOCKS PROGRAM INVESTMENT ACTORS CRIB INCORPORATED 7017 STREAMSIDE DRIVE CHARLOTTE NC 28212 205981156 501 (C) (3) 5750 EDUCATION SCHOOL GRANT PROGRAM ACTOR'S THEATRE OF CHARLOTTE 2219 FREEDOM DRIVE CHARLOTTE NC 28208 581888236 501 (C) (3) 49220 OPERATING SUPPORT ARTS 345 N COLLEGE ST CHARLOTTE NC 28202 591356847 501 (C) (3) 306825 OPERATING SUPPORT, OTHER GRANTS BECHTLER MUSEUM OF MODERN ART 420 S TRYON STREET CHARLOTTE NC 28202 562225722 501 (C) (3) 416407 OPERATING SUPPORT, THRIVE FUND, OTHER GRANTS BLUMENTHAL PERFORMING ARTS 345 NORTH COLLEGE STREET CHARLOTTE NC 28202 134258900 501 (C) (3) 252730 OPERATING SUPPORT, CULTURAL EDUCATION IN SCHOOLS, SPECIAL PROJECT GRANT BNS PRODUCTIONS 9611 BROOKDALE DRIVE CHARLOTTE NC 28215 810705805 501 (C) (3) 17674 CULTURAL VISION GRANT, OTHER GRANTS BRIGHT STAR TOURING THEATRE 565 LONG SHOALS RD STE 204 ARDEN NC 28704 562613054 5770 CULTURAL EDUCATION IN SCHOOLS CAROLINA RAPTOR CENTER PO BOX 16443 CHARLOTTE NC 28297 561349170 501 (C) (3) 113443 OPERATING SUPPORT, OTHER GRANTS, CULTURAL EDUCATION IN SCHOOLS CAROLINA VOICES 1900 QUEENS ROAD CHARLOTTE NC 28207 560810412 501 (C) (3) 31432 OPERATING SUPPORT, OTHER GRANTS CHARLOTTE ART LEAGUE 1517 CAMDEN RD CHARLOTTE NC 28203 237414250 501 (C) (3) 12500 OPERATING SUPPORT, OTHER GRANTS, CULTURAL PROJECTS CHARLOTTE BALLET 701 N TRYON STREET CHARLOTTE NC 28202 581314711 501 (C) (3) 655191 THRIVE FUND, OPERATING SUPPORT, OTHER GRANTS, CULTURAL EDUCATION IN SCHOOLS CHARLOTTE BLACK FILM FESTIVAL PO BOX 33367 CHARLOTTE NC 28233 274941564 501 (C) (3) 7500 CULTURE BLOCKS PROGRAM CHARLOTTE DRAGON BOAT ASSOCIATION 4700 CARSONS POND ROAD CHARLOTTE NC 28225 270270077 501 (C) (3) 5000 CULTURE VISION GRANT CHARLOTTE SYMPHONY 301 S TRYON STREET SUITE 1700 CHARLOTTE NC 28282 566011568 501 (C) (3) 693420 OPERATING SUPPORT, OTHER GRANTS, CULTURAL EDUCATION IN SCHOOLS CHILDREN'S THEATRE OF CHARLOTTE 300 EAST SEVENTH STREET CHARLOTTE NC 28202 561028031 501 (C) (3) 396510 THRIVE FUND, OPERATING SUPPORT, OTHER GRANTS, CULTURAL EDUCATION IN SCHOOLS CLAYWORKS 4506 MONROE ROAD CHARLOTTE NC 28205 900198258 501 (C) (3) 120824 OPERATING SUPPORT, OTHER GRANTS, CULTURAL EDUCATION IN SCHOOLS CROWNKEEPERS 1824 STATESVILLE AVE STE 109 CHARLOTTE NC 28206 472841851 501 (C) (3) 8311 CULTURAL VISION GRANT, OTHER GRANTS DAVIDSON COLLEGE BOX 7117 DAVIDSON NC 28035 560529961 501 (C) (3) 5000 CULTURAL VISION GRANT DAVIDSON COMMUNITY PLAYERS PO BOX 76 DAVIDSON NC 28036 581542159 501 (C) (3) 46250 OPERATING SUPPORT DEAR SOUL MUSIC COMPANY 433 WEST CRAIGHEAD RD CHARLOTTE NC 28206 814740768 5250 CULTURE BLOCK PROGRAM DIGI-BRIDGE 216 SYLVANIA AVE CHARLOTTE NC 28206 464859045 501 (C) (3) 10000 CULTURAL VISION GRANT DISCOVERY PLACE INC 301 N TRYON STREET CHARLOTTE NC 28202 560529944 501 (C) (3) 843845 THRIVE FUND, OPERATING SUPPORT, OTHER GRANTS, CULTURAL EDUCATION IN SCHOOLS FAITH ALLIANCE 6908 NEUHOFF LANE CHARLOTTE NC 28269 113655670 501 (C) (3) 6640 CULTURAL BLOCKS PROGRAM FESTIVAL IN THE PARK 1409 EAST BLVD CHARLOTTE NC 28273 566087310 501 (C) (3) 10000 CULTURAL VISION GRANT GAY MENS CHORUS OF CHARLOTTE PO BOX 560661 CHARLOTTE NC 28256 205361365 501 (C) (3) 10000 OPERATING SUPPORT GOODYEAR ARTS 1776 STATESVILLE AVE CHARLOTTE NC 28206 821291043 501 (C) (3) 5000 CULTURAL VISION GRANT HARVEY B GANTT CENTER FOR AFRICAN-AMERICAN ARTS CULTURE 551 S TRYON STREET CHARLOTTE NC 28202 561152286 501 (C) (3) 257630 THRIVE FUND, OPERATING SUPPORT HISTORIC ROSEDALE PLANTATION 3427 N TRYON STREET CHARLOTTE NC 28206 561558489 501 (C) (3) 20380 OPERATING SUPPORT, OTHER GRANTS, CULTURAL EDUCATION IN SCHOOLS INDIA ASSOCIATION OF CHARLOTTE 3212 DEVON CROFT LN CHARLOTTE NC 28269 561907586 501 (C) (3) 12000 CULTURAL VISION GRANT INREACH 4530 PARK RD SUITE 300 CHARLOTTE NC 28209 521084075 501 (C) (3) 7500 CULTURAL VISION GRANT INSPIRE THE FIRE INC 3811 YORKFORD DRIVE CHARLOTTE NC 28206 562403601 501 (C) (3) 10000 CULTURAL VISION GRANT JAPANESE ASSOCIATION IN CHARLOTTE 1817 CENTRAL AVE STE 300 CHARLOTTE NC 28205 581463836 501 (C) (3) 5000 CULTURAL VISION GRANT JAZZ ARTS INITIATIVE 345 N COLLEGE ST CHARLOTTE NC 28202 271728470 501 (C) (3) 54698 OPERATING SUPPORT, OTHER GRANTS, CULTURAL EDUCATION IN SCHOOLS JOHNSON C SMITH UNIVERSITY INCORPORATED 100 BEATTIES FORD ROAD CHARLOTTE NC 282165302 250983069 501 (C) (3) 12747 CULTURE BLOCK PROGRAM LATIBAH COLLARD GREEN MUSEUM PO BOX 34513 CHARLOTTE NC 28234 830391540 501 (C) (3) 9813 CULTURE BLOCK PROGRAM LATIN AMERICANS WORKING FOR ACHIEVEMENT 3440 TORINGDON WAY STE 205 CHARLOTTE NC 28277 561781060 501 (C) (3) 5000 CULTURAL VISION GRANT LEVINE MUSEUM OF THE NEW SOUTH 200 E 7TH STREET CHARLOTTE NC 28202 561748648 501 (C) (3) 423417 THRIVE FUND, OPERATING SUPPORT, OTHER GRANTS, CULTURAL EDUCATION IN SCHOOLS LIVING RHYTHMS 2721 CARDIFF CT WINSTONSALEM NC 27103 200442598 501 (C) (3) 9180 CULTURAL EDUCATION IN SCHOOLS MATTHEWS PARKS RECREATION AND CULTURAL RESOURCES DEPT 100 MCDOWELL ST MATTHEWS NC 28202 566001283 501 (C) (3) 5000 ASC TOWN INITIATIVES GRANT MATTHEWS PLAYHOUSE OF THE PERFORMING ARTS 100 E MCDOWLL ST MATTHEWS NC 28105 561937368 501 (C) (3) 29033 OPERATING SUPPORT MCCOLL CENTER FOR ART INNOVATION 721 N TRYON STREET CHARLOTTE NC 28202 510195015 501 (C) (3) 283600 OPERATING SUPPORT, TECHNICAL ASSISTANCE MINT HILL ARTS 11205 LAWYERS ROAD SUITE A MINT HILL NC 28227 043846871 501 (C) (3) 10000 OPERATING SUPPORT MINT MUSEUM OF ART INC 2730 RANDOLPH RD CHARLOTTE NC 28207 560670666 501 (C) (3) 979072 THRIVE FUND, OPERATING SUPPORT, OTHER GRANTS, CULTURAL EDUCATION IN SCHOOLS MOVING POETS CHARLOTTE INC 1439 EAST BARDEN RD CHARLOTTE NC 28205 461514126 501 (C) (3) 5000 CULTURAL VISION GRANT MUSIC AT ST ALBAN'S PO BOX 371 DAVIDSON NC 28036 464695666 501 (C) (3) 7000 CULTURAL VISION GRANT NORTH MECKLENBURG COMMUNITY CHORUS INC PO BOX 1234 CORNELIUS NC 28031 271469178 501 (C) (3) 7500 CULTURAL VISION GRANT NORTHEND PARTNERS 3815 N TRYON STREET CHARLOTTE NC 28206 561867114 501 (C) (3) 5000 CULTURAL VISION GRANT NUMBER DRUMMER INC 2011 WILBURN PARK LANE NW CHARLOTTE NC 28269 810936981 501 (C) (3) 27760 CULTURAL EDUCATION IN SCHOOLS OBEY FOUNDATION INC PO BOX 25163 CHARLOTTE NC 28229 133985609 501 (C) (3) 22988 CULTURE BLOCK PROGRAM ONE VOICE INC PO BOX 9241 CHARLOTTE NC 28299 581979889 501 (C) (3) 34477 OPERATING SUPPORT, OTHER GRANTS, CULTURAL EDUCATION IN SCHOOLS OPERA CAROLINA 1600 ELIZABETH AVENUE CHARLOTTE NC 28204 566019660 501 (C) (3) 500245 THRIVE FUND, OTHER GRANTS, OPERATING SUPPORT, CULTURAL EDUCATION IN SCHOOLS PLAYING FOR OTHERS (PFO) INC 720 S SUMMIT AVE STE B CHARLOTTE NC 28202 201426441 501 (C) (3) 8000 CULTURAL VISION GRANT PREAH VIHEAR COMMUNITY CENTER 800856710 501 (C) (3) 5000 CULTURAL VISION GRANT QUE-OS PO BOX 11256 CHARLOTTE NC 28205 460643659 501 (C) (3) 7500 CULTURAL VISION GRANT SIMPLISTICPHOBIA 1824 STATESVILLE AVE STE 106 CHARLOTTE NC 28206 464268635 7465 CULTURE BLOCK PROGRAM THE CAROLINAS LATIN DANCE COMPANY PO BOX 43770 CHARLOTTE NC 28215 562276606 501 (C) (3) 75300 OPERATING SUPPORT, CULTURE BLOCK PROGRAM THE CHARLOTTE FOLK SOCIETY PO BOX 36864 CHARLOTTE NC 282366864 561328389 501 (C) (3) 20000 OPERATING SUPPORT, TECHNICAL ASSISTANCE THE LIGHT FACTORY 1817 CENTRAL AVE CHARLOTTE NC 28205 510185359 501 (C) (3) 46700 OPERATING SUPPORT, OTHER GRANTS, CULTURAL EDUCATION IN SCHOOLS THE UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE 9201 UNIVERSITY CITY BOULEVARD CHARLOTTE NC 28223 560791228 501 (C) (3) 5000 TECHNICAL ASSISTANCE THEATRE CHARLOTTE 501 QUEENS ROAD CHARLOTTE NC 28207 560591306 501 (C) (3) 90650 OPERATING SUPPORT GRANT THREE BONE THEATRE 643 HILLSIDE AVE CHARLOTTE NC 28209 464220126 501 (C) (3) 18424 OPERATING SUPPORT, TECHNICAL ASSISTANCE, OTHER GRANTS TOSCO MUSIC PARTIES 4953 ALBEMARLE RD CHARLOTTE NC 28205 562135861 501 (C) (3) 27907 CULTURE BLOCK PROGRAM TOWN OF CORNELIUS 21445 CATAWBA AVENUE CORNELIUS NC 28031 566001209 GOVT 5000 ASC TOWN INITIATIVES GRANT TOWN OF DAVIDSON PO BOX 579 DAVIDSON NC 28036 566001212 GOVT 5000 ASC TOWN INITIATIVES GRANT TOWN OF HUNTERSVILLE PARKS & RECREATION 105 GILEAD RD FL 3 HUNTERSVILLE NC 28078 566001252 GOVT 5000 ASC TOWN INITIATIVES GRANT TOWN OF MINT HILL 4430 MINT HILL VILLAGE LN MINT HILL NC 28227 561034572 GOVT 5000 ASC TOWN INITIATIVES GRANT TOWN OF PINEVILLE 1000 JOHNSTON DR PINEVILLE NC 28134 566001310 GOVT 5000 ASC TOWN INITIATIVES GRANT UNIVERSITY OF NORTH CAROLINA SCHOOL OF THE ARTS FOUNDATION INC 1533 SOUTH MAIN STREET WINSTONSALEM NC 27127 566064850 501 (C) (3) 15000 OTHER GRANTS WING HAVEN 248 RIDGEWOOD AVENUE CHARLOTTE NC 28209 561014180 501 (C) (3) 31123 OPERATING SUPPORT, PROFESSIONAL DEVELOPMENT SCHOLARSHIP 66 4 CULTURAL EDUCATION IN SCHOOL 18 55725 REGIONAL ARTS PROJECTS 31 52179 AACS HONORS & CREATIVE FELLOWSHIPS 7 46000 CULTURAL PROJECTS 20 116023 CATO TEACHERS FUND FOR PD 15 9709 PART I, LINE 2: ASC OPERATING SUPPORT RECIPIENTS: OPERATING SUPPORT GRANT RECIPIENTS ARE REQUIRED TO SUBMIT THE FOLLOWING DOCUMENTATION TO MONITOR THE USE OF GRANT FUNDS: SIGNED GRANT AGREEMENT - REQUIRED BEFORE FIRST PAYMENT; METRICS GRID (CREATED BY EACH ORGANIZATION LISTING THEIR TOP 3 METRICS OF SUCCESS FOR THE FISCAL YEAR) IS SUBMITTED IN JULY, UPDATED IN JANUARY, FINAL REPORT IS JULY; QUARTERLY BUDGET TO ACTUAL FINANCIALS; AUDIT OR COMPILATION OF PREVIOUS YEAR; COPIES OF BROCHURES AND MAILINGS; QUARTERLY ATTENDANCE FIGURES AND BOARD OF DIRECTORS LIST. ASC STAFF ALSO MONITORS GRANT RECIPIENTS BY CONDUCTING SITE VISITS AND CONDUCTING FACE-TO-FACE MEETINGS DURING THE AWARD YEAR. ASC PROJECT GRANT RECIPIENTS: PROJECT GRANT RECIPIENTS ARE REQUIRED TO SUBMIT THE FOLLOWING DOCUMENTATION TO MONITOR THE USE OF GRANT FUNDS: INITIAL PAPERWORK: SIGNED GRANT AGREEMENT; REVISED NARRATIVE & BUDGET (IF THE GRANTEE RECEIVED LESS THAN THE AMOUNT REQUESTED). FINAL PAPERWORK: FINAL REPORT OUTLINING ASSESSMENT AND EVALUATION; FINAL BUDGET AND PROJECT DOCUMENTATION. ADDITIONALLY, PROJECT GRANT RECIPIENTS WHO RECEIVE STATE SUB-GRANTS ARE REQUIRED TO SUBMIT ADDITIONAL PAPERWORK INCLUDING: NOTARIZED CONFLICT OF INTEREST POLICY; NOTARIZED NO OVERDUE TAX DEBT FORM; STATE GRANT CERTIFICATION & SWORN STATEMENT AND STATE GRANT COMPLIANCE REPORT. ASC STAFF ALSO PERIODICALLY MONITORS GRANT RECIPIENTS BY CONDUCTING SITE VISITS TO FUNDED PROJECTS. X X X X 0 0 0 0 0 0 0 0 0 ROBERT E BUSH JR PRESIDENT 207400 0 0 0 762 0 7012 0 9755 0 224929 0 0 0 SUSAN GARY SVP/COO 143253 0 3000 0 90 0 4620 0 13561 0 164524 0 0 0 X 21 98713 FMV 0 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE ADMINISTRATION AND OPERATIONS COMMITTEE, ASC PRESIDENT AND COO EACH REVIEW A DRAFT OF THE 990 IN DETAIL. UPON THEIR ACCEPTANCE OF THE DOCUMENT, THE FORM 990 IS SHARED WITH THE FULL BOARD OF DIRECTORS FOR REVIEW AT LEAST ONE WEEK PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MEMBERS AND STAFF ARE PROVIDED A COPY OF THE CONFLICT OF INTEREST POLICY EACH JULY AND ASKED TO REVIEW AND SIGN THE FORM INDICATING THEY HAVE READ THE POLICY AND MADE ANY APPROPRIATE DISCLOSURES. SHOULD A CONFLICT EXIST ON A MATTER COMING TO A VOTE, THE MEMBER WITH THE CONFLICT WOULD EXCUSE HIMSELF/HERSELF FROM THE VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S COMPENSATION IS ESTABLISHED ANNUALLY BY THE OFFICERS OF THE BOARD OF DIRECTORS. COMPENSATION ADJUSTMENTS ARE MADE BASED ON INDIVIDUAL PERFORMANCE (AS DETERMINED THROUGH A 360 DEGREE REVIEW), MARKET CONDITIONS, AND COMPARABLE NONPROFIT PEER COMPENSATION. DISCUSSIONS ARE DOCUMENTED IN THE MEETING MINUTES. THE OFFICERS OF THE BOARD OF DIRECTORS ALSO ESTABLISH THE PRESIDENT'S ANNUAL PERFORMANCE BONUS BASED ON ORGANIZATIONAL AND PERSONAL PERFORMANCE WITHIN THE GUIDELINES OF THE BONUS PROGRAM APPROVED BY THE BOARD OF DIRECTORS. THE PRESIDENT IS RESPONSIBLE FOR ESTABLISHING THE SALARIES OF HIS DIRECT REPORTS, INCLUDING KEY EMPLOYEES. COMPENSATION ADJUSTMENTS FOR KEY EMPLOYEES ARE SHARED WITH THE OFFICERS OF THE BOARD OF DIRECTORS TO ENSURE REASONABLENESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER FEES: PROGRAM SERVICE EXPENSES 202,660. MANAGEMENT AND GENERAL EXPENSES 32,438. FUNDRAISING EXPENSES 72,426. TOTAL EXPENSES 307,524. ARTIST CONTRACTS: PROGRAM SERVICE EXPENSES 4,778,498. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,778,498. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST 1,474,997. GREATER CHARLOTTE CULTURAL TRUST 217 S TRYON STREET CHARLOTTE NC 28202 820576292 ENDOWMENT INVESTMENT & ADMINISTRATION NC 501(C)(3) LINE 12A, I N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0