2019-03-21T07:34:21-05:00 2018-06-30 420714325 RSM US LLP 230 N ELM ST STE 1100 GREENSBORO NC 27401 990 2017-07-01 566001394 UNIVERSITY OF NORTH CAROLINA PRESS INC UNIV 9199663561 116 S BOUNDARY STREET CHAPEL HILL NC 27514 ROBERT DIRCKS JR CFO 9199663561 2019-03-21 1 YONG ZHANG P01249785 3362724551 108.171.131.177 2019-03-21 07:34:07 CD P 75C36B17B212965765F9B2A53872F996115D7FF8 75C36B17B212965765F9B2A53872F996115D7FF8 2017 2019-02-21 02:37:17Z JOHN SHERER 116 S BOUNDARY STREET CHAPEL HILL NC 27514 9548545 0 X UNCPRESS.UNC.EDU X 1922 NC TO PROMOTE THE ADVANCEMENT OF ARTS AND SCIENCES AND DEVELOPMENT OF LITERATURE THROUGH THE PUBLISHING OF DESERVING WORKS. 17 17 51 17 0 7637 947661 2612689 345603 475541 92087 606824 3052599 3567952 4437950 7263006 260772 250527 0 0 2816358 2881018 0 0 299280 2207435 2151490 5284565 5283035 -846615 1979971 23719457 28494987 2523162 3607104 21196295 24887883 TO PROMOTE THE ADVANCEMENT OF THE ARTS AND SCIENCES AND THE DEVELOPMENT OF LITERATURE THROUGH THE PUBLISHING OF BOOKS, JOURNALS, AND OTHER FORMS OF PUBLICATIONS IN ALL MEDIA. 0 0 3564405 250527 4038319 PUBLISHING OF SCHOLARLY BOOKS TO PROMOTE THE ADVANCEMENT OF ARTS AND SCIENCES. 3564405 1 1 0 0 0 0 0 0 0 1 1 0 1 0 1 1 1 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 1255 0 1 51 1 1 1 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NC X ROBERT DIRCKS JR 9199621400 116 S BOUNDARY STREET CHAPEL HILL NC 27514 ERIC MULLER CHAIR 1.00 X X 0 0 0 W FITZHUGH BRUNDAGE VICE CHAIR 1.00 X X 0 0 0 ANITA BROWN-GRAHAM MEMBER 1.00 X 0 0 0 INGER SB BRODEY MEMBER 1.00 X 0 0 0 LINDA KAY HANLEY-BOWDOIN MEMBER 1.00 X 0 0 0 KATHLEEN DUVAL MEMBER 1.00 X 0 0 0 ELIZABETH ENGLEHARDT MEMBER 1.00 X 0 0 0 BLAIR LM KELLEY MEMBER 1.00 X 0 0 0 JAMES H JOHNSON JR MEMBER 1.00 X 0 0 0 LISA LEVENSTEIN MEMBER 1.00 X 0 0 0 JOHN C O'HARA JR MEMBER 1.00 X 0 0 0 JONATHAN PRUITT MEMBER 1.00 X 0 0 0 CAMILLE N BARKLEY EX-OFFICIO 1.00 X 0 0 0 LARS SCHOULTZ MEMBER 1.00 X 0 0 0 TIMOTHY J SMITH MEMBER 1.00 X 0 0 0 VINCAS STEPONAITIS MEMBER 1.00 X 0 0 0 CARLTON E WILSON MEMBER 1.00 X 0 0 0 JOHN SHERER DIRECTOR 38.00 1.00 X 184121 0 48249 ROBERT DIRCKS JR CFO & ASSOC DIRECTOR 25.00 15.00 X 148190 0 32168 DINO A BATTISTA ASSISTANT DIRECTOR MARKETI 38.00 X 109068 0 30354 CHARLES GRENCH EXECUTIVE EDITOR 38.00 X 103478 0 27021 544857 0 137792 4 0 1 0 LONGLEAF SERVICES INC 116 S BOUNDARY ST CHAPEL HILL NC 27514 FULFILLMENT SERVICES 1641630 LIGHTNING SOURCE 1246 HEIL QUAKER BLVD LA VERGNE TN 37086 PRINTING 158531 THOMSON SHORE 7300 WEST JOY ROAD DEXTER MI 48130 PRINTING 125736 CODEMANTRA US LLC 50 FEDERAL ST 2ND FLOOR BOSTON MA 02110 PRINTING 121238 VERSA PRESS 1465 SPRING BAY RD E PEORIA IL 61611 PRINTING 112618 5 518500 2094189 134946 2612689 FEES FROM SERVICES 511190 172815 172815 COMMISSIONS FROM JOURNALS 511190 153464 153464 SUBSIDIARY RIGHTS AND PUBLICATION 511190 149262 149262 475541 2131 2131 843583 238890 604693 604693 604693 5609427 2046649 3562778 3562778 OTHER INCOME 900099 5174 5174 5174 7263006 4038319 0 611998 250527 250527 412728 412728 1859373 1073289 680782 105302 287340 179600 107740 160488 106439 43930 10119 161089 103413 49908 7768 29987 29987 101099 101099 14138 14138 179956 179956 187618 133819 53799 63798 63798 58213 58213 71942 43090 27642 1210 80875 80875 39441 39441 20942 20942 LONGLEAF FEES 751464 643766 107698 FREELANCE 134806 134806 SELLING EXPENSES 83761 83761 RIGHTS 19137 19137 314313 138336 108794 67183 5283035 3564405 1419350 299280 1853793 1623938 476883 2429013 659789 689974 511256 502512 1282900 1028954 293386 253946 665000 800000 18374328 21401782 885022 793822 23719457 28494987 649521 955310 460560 1321663 1413081 1330131 2523162 3607104 X 3647976 4320853 11395305 12668364 6153014 7898666 21196295 24887883 23719457 28494987 X 1979971 1686860 24757 X X 0 1 X 1 0 X 911523 753250 1056919 947661 2612689 6282042 911523 753250 1056919 947661 2612689 6282042 1252118 5029924 219 250 276 92087 2131 94963 32135 5174 37309 6414314 26247049 0.78420 0.85420 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2016 AMOUNT: $ 32,135. 2017 AMOUNT: $ 5,174. 17548319 1745652 2073059 800000 20567030 16252333 53201 1907785 665000 17548319 17399781 31071 -393519 785000 16252333 16600583 39519 1484679 725000 17399781 14945776 67675 2267132 680000 16600583 0.38400 0.61600 0 0 685088 652157 32931 597812 376797 221015 253946 UNC INVESTMENT FUND 21401782 F 21401782 SUBSIDIES ON UNCOMPLETED BOOKS 120632 INVESTMENT DEFICIT IN LONGLEAF SERVICES, INC 40698 DUE TO UNIVERSITY PERIODICALS 887724 OTHER CURRENT LIABILITIES 128 ROYALTIES & COMMISSIONS PAYABLE 85079 ACCRUED VACATION 195870 1330131 X 10920173 1686860 2071406 3758266 7161907 101099 101099 7263006 7228585 2046649 2046649 5181936 101099 101099 5283035 PART V, LINE 4: THE BOARD'S CURRENT GENERAL SPENDING POLICY IS TO DISTRIBUTE AN AMOUNT EQUAL TO 5% OF THE AVERAGE MARKET VALUE FOR THE 12 QUARTERS ENDING MARCH 31 JUST PRIOR TO THE BEGINNING OF THE FISCAL YEAR. THIS SPENDING POLICY IS CONSISTENT WITH THE AVERAGE LONG-TERM RETURN EXPECTATION, PROVIDING ONGOING SUPPORT OF DONORS' CHARITABLE INTERESTS AND ADDITIONAL GROWTH TO THE ENDOWMENT FUNDS. APPROPRIATIONS FROM ENDOWMENT FUNDS ARE APPROVED BY THE PRESS' BOARD. PART X, LINE 2: MANAGEMENT EVALUATED THE PRESS' TAX POSITIONS AND CONCLUDED THE PRESS HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION (ASC). PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 2,046,649. EQUITY IN GAIN FROM LONGLEAF SERVICES 24,757. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 2,046,649. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES CONSIGNMENT SALES EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES CONSIGNMENT SALES CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES CONSIGNMENT SALES 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 LONGLEAF SERVICES INC 116 S BOUNDARY STREET CHAPEL HILL NC 27514 743155150 501(C)(3) 250527 SUPPORT 1 0 PART I, LINE 2: UNC PRESS ENSURES THAT LONGLEAF SERVICES USES GRANT FUNDS TO FURTHER THEIR EXEMPT PURPOSE, SUPPORTING THE UNIVERSITY OF NORTH CAROLINA. X X 0 0 0 0 0 0 0 0 0 JOHN SHERER DIRECTOR 183845 0 0 0 276 0 31540 0 16709 0 232370 0 0 0 ROBERT DIRCKS JR CFO & ASSOC DIRECTOR 146190 0 2000 0 0 0 25385 0 6783 0 180358 0 0 0 X 4 134946 FMV 0 0 0 PART I, COLUMN (B): THE NUMBER IN COLUMN B REFLECTS THE NUMBER OF DONORS. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED BY THE CFO AND THE ACCOUNTING MANAGER AND MADE AVAILABLE TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C POLICY IS IN THE STAFF HANDBOOK AND ANY CONFLICTS ARE REPORTED ACCORDINGLY. OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE ASKED ANNUALLY TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 ANNUAL SALARIES ARE REVIEWED WITH ANNUAL SALARY STATISTICS PROVIDED BY THE ASSOCIATION OF AMERICAN UNIVERSITY PRESSES. THE UNC PRESS BOARD OF GOVERNORS MEETS ANNUALLY IN EXECUTIVE SESSION TO DISCUSS AND REVIEW THE PERFORMANCE AND SALARY OF THE DIRECTOR. THE DIRECTOR'S SALARY IS SET BASED ON COMPARATIVE SALARY DATA PROVIDED BY THE ASSOCIATION OF AMERICAN UNIVERSITY PRESSES. THE DELIBERATIONS AND DECISIONS ARE CONTEMPORANEOUSLY DOCUMENTED AS WELL. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART XI, LINE 9: EQUITY IN GAIN FROM LONGLEAF SERVICES 24,757. FORM 990, PART XII, LINE 2C THE PROCESS FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE FINANCIAL STATEMENTS HAS BEEN CONSISTENT WITH PRIOR YEARS. LONGLEAF SERVICES INC 116 S BOUNDARY STREET CHAPEL HILL NC 27515 743155150 SUPPORT PARENT COMPANY UNC PRESS AND OTHER UNIVERSITY PRESSES NC 501(C)(3) LINE 12A, I UNIVERSITY OF NC PRESS INC 1 UNIVERSITY OF NORTH CAROLINA - CHAPEL HILL 174 COUNTRY CLUB ROAD CHAPEL HILL NC 27599 566001393 UNC PRESS IS LOCATED ON UNC CAMPUS AND UNC ELECTS A MAJORITY OF THE BOARD NC GOVERNMENTAL LINE 6 0 0 1 0 0 1 0 0 0 0 0 0 0 1 1 1 1 1 0 0 LONGLEAF SERVICES INC B 250527 FAIR MARKET VALUE LONGLEAF SERVICES INC M 938102 FAIR MARKET VALUE LONGLEAF SERVICES INC Q 481416 FAIR MARKET VALUE