2018-11-13T15:38:44-06:00 2017-12-31 251467156 SISTERSON & CO LLP 310 GRANT STREET SUITE 2100 PITTSBURGH PA 15219 990 2017-01-01 472697273 AFRICAN AMERICAN CULTURAL CENTER AFRI 4123391011 980 LIBERTY AVENUE PITTSBURGH PA 15222 JANIS BURLEY WILSON PRESIDENT & CEO 4123391011 2018-11-13 1 P00474378 4122812025 209.166.188.2 2018-11-13 16:37:33 ES P FD6174A5B0F8173D81D931E0DB1F7F08C87E043A 3836BD86A225A2435177971C6155D9B700CEE954 2017 2019-02-21 02:37:17Z X AUGUST WILSON CULTURAL CENTER JANIS BURLEY WILSON 980 LIBERTY AVENUE PITTSBURGH PA 15222 3357332 0 X WWW.AACC-AWC.ORG X 2014 PA THE AFRICAN AMERICAN CULTURAL CENTER EXISTS TO OWN, OPERATE, AND PRESERVE THE AUGUST WILSON CENTER AS A VIBRANT COMMUNITY ASSET FOCUSED PRIMARILY ON PRODUCING AND PRESENTING AFRICAN AMERICAN ARTS AND CULTURAL PROGRAMMING TO THE GENERAL PUBLIC. 6 6 93 820 0 0 2137876 2652906 545570 694367 0 0 0 10059 2683446 3357332 0 0 0 0 0 300605 0 0 13401 2489290 2103817 2489290 2404422 194156 952910 9325404 10281758 161638 165082 9163766 10116676 THE AFRICAN AMERICAN CULTURAL CENTER EXISTS TO OWN, OPERATE, AND PRESERVE THE AUGUST WILSON CENTER AS A VIBRANT COMMUNITY ASSET FOCUSED PRIMARILY ON PRODUCING AND PRESENTING AFRICAN AMERICAN ARTS AND CULTURAL PROGRAMMING TO THE GENERAL PUBLIC. 0 0 2385948 694367 THE AFRICAN AMERICAN CULTURAL CENTER (AACC) WAS FORMED BY THREE FOUNDATIONS IN PITTSBURGH, PENNSYLVANIA TO ACQUIRE A BUILDING KNOWN AS THE AUGUST WILSON CENTER (CENTER) OUT OF RECEIVERSHIP. THE AACC EXISTS TO OWN, OPERATE AND PRESERVE THE CENTER AS A VIBRANT COMMUNITY ASSET FOCUSED PRIMARILY ON PRODUCING AND PRESENTING AFRICAN AMERICAN ARTS AND CULTURAL PROGRAMMING TO THE GENERAL PUBLIC. THE CENTER INCLUDES SEVEN EXHIBITION GALLERIES, A 486 SEAT THEATER, AN EDUCATION CENTER, A 4,000 SQUARE FOOT GALLERY FOR ART EXHIBITS, AND MULTIPLE-USE SPACES FOR COMMUNITY EVENTS. 2385948 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 18 0 1 93 1 0 0 0 0 0 0 0 0 0 0 X 6 6 1 1 0 0 0 1 1 1 0 0 0 1 1 1 1 1 1 1 1 0 PA X DEBORRAH E BECK CPA ESQ CFO 4123391011 980 LIBERTY AVENUE PITTSBURGH PA 15222 MAXWELL KING CEO, PITTSBURGH FOUNDATION 2.00 0.00 X 0 0 0 GRANT OLIPHANT CEO, HEINZ ENDOWMENTS 2.00 0.00 X 0 0 0 SCOTT IZZO CEO, R.K. MELLON FOUNDATION 2.00 0.00 X 0 0 0 TRACEY MCCANTS LEWIS BOARD MEMBER 2.00 0.00 X 0 0 0 MICHAEL POLITE CHARIMAN 2.00 0.00 X X 0 0 0 RICHARD W TAYLOR BOARD MEMBER 2.00 0.00 X 0 0 0 BRYAN TAIT TREASURER 5.00 0.00 X 0 0 0 JANIS BURLEY WILSON PRESIDENT & CEO 40.00 0.00 X 63399 0 7359 DEBORRAH E BECK CPA ESQ CFO 32.00 0.00 X 37523 0 0 63399 0 7359 0 0 0 0 PITTSBURGH CULTURAL TRUST 803 LIBERTY AVENUE PITTSBURGH PA 15222 MANAGEMENT 533152 1 500000 2152906 295580 2652906 THEATER RENTAL 713940 694367 694367 694367 MISCELLANEOUS REVENUE 713940 10059 10059 10059 3357332 704426 0 0 63399 60229 3170 174603 174603 13817 13817 25372 25372 23414 23116 298 533152 533152 38315 38315 89492 81236 4128 4128 74208 67458 945 5805 21893 21893 20546 20546 2036 2036 914919 914919 10398 10398 197304 197304 70077 70077 PROGRAMMING EXPENSES 131477 131477 2404422 2385948 5073 13401 162881 885557 575000 575000 295580 30100 119447 9057042 650868 8557423 8406174 9325404 10281758 161638 165082 161638 165082 X 8568062 8576288 595704 1540388 9163766 10116676 9325404 10281758 X 952910 0 X X 0 1 X 1 0 X 3706835 155955 595800 1169440 5628030 3706835 155955 595800 1169440 5628030 332775 5295255 5628030 1353487 X FORM 990, SCHEDULE A, PART II THE ORGANIZATION WAS INCORPORATED ON OCTOBER 27, 2014. THE INITIAL FORM 990 WAS FILED FOR THE SHORT PERIOD OCTOBER 27, 2014 THROUGH DECEMBER 31, 2014. THE 2016 FORM 990 IS FILED FOR THE ORGANIZATIONS FOURTH TAX YEAR AS A 501(C)(3)ORGANIZATION. 1886747 1886747 7014830 613798 6401032 155465 37070 118395 0 0 0 8406174 X 3449192 91860 91860 3357332 0 3357332 2496282 91860 91860 2404422 0 2404422 PART X, LINE 2: THE AACC ADOPTED FINANCIAL ACCOUNTING STANDARDS BOARD GUIDANCE FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH PROVIDES CRITERIA FOR THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE GUIDANCE REQUIRES THAT AN UNCERTAIN TAX POSITION SHOULD BE RECOGNIZED ONLY IF IT IS MORE LIKELY THAN NOT THAT THE POSITION IS NOT SUSTAINABLE BASED ON ITS TECHNICAL MERITS. RECOGNIZABLE TAX POSITIONS SHOULD THEN BE MEASURED TO DETERMINE THE AMOUNT OF BENEFIT OR LIABILITY RECOGNIZED IN THE FINANCIAL STATEMENTS. THE AACC FILES U.S. FEDERAL AND STATE INFORMATION RETURNS, AND NO RETURNS ARE CURRENTLY UNDER EXAMINATION. THE STATUTE OF LIMITATIONS ON THE AACC'S U.S. FEDERAL TAX RETURNS REMAINS OPEN FOR THE YEAR ENDED DECEMBER 31, 2014 THROUGH THE PRESENT. X 2 295580 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 DIRECTOR MAXWELL KING (PRESIDENT & CEO) AND TREASURER BRYAN TAIT (SENIOR CONTROLLER) ARE BOTH EMPLOYED BY THE PITTSBURGH FOUNDATION. FORM 990, PART VI, SECTION A, LINE 3 AACC ENTERED INTO A MANAGEMENT AGREEMENT WITH THE PITTSBURGH CULTURAL TRUST (PCT) TO MANAGE THE AACC FACILITY IN A FIRST CLASS, BUSINESS LIKE MANNER IN FURTHERANCE OF ITS TAX EXEMPT PURPOSE. THE PITTSBURGH CULTURAL TRUST IS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE THAT MANAGES ARTS AND CULTURE FACILITIES AS PART OF ITS EXEMPT PURPOSE. PER THE AGREEMENT PCT WILL MANAGE SECURITY OF THE FACILITY, ASSESS THE QUALITY AND CONDITION OF THE PHYSICAL STRUCTURE AND THE EQUIPMENT AND FIXTURES THEREIN. IN ADDITION, PCT WILL MANAGE AND OPERATE AACC AS A MULTI-USE PUBLIC ENTERTAINMENT AND PERFORMANCE AND VISUAL ARTS FACILITY WITH A PRIMARY FOCUS ON THE ART, CULTURE AND HISTORY OF AFRICAN AMERICANS. FORM 990, PART VI, SECTION A, LINE 7A THE OTHER BODY SHALL HAVE THE POWER TO DETERMINE THE NUMBER OF DIRECTORS THAT WILL COMPRISE THE BOARD OF DIRECTORS OF AACC; TO APPOINT THE DIRECTORS OF AACC; AND THE REMOVE ANY OF THE DIRECTORS OF AACC AND REPLACE ANY SUCH DIRECTOR FOR THE UNEXPIRED PORTION OF THEIR TERM. FORM 990, PART VI, SECTION A, LINE 7B THE PRIVILEGES AND POWERS OF THE OTHER BODY MAY BE EXERCISED BY THE CHIEF EXECUTIVE OF EACH MEMBER, HOWEVER DESIGNATED, OR SUCH REPRESENTATIVE OF THE MEMBER OF THE OTHER BODY AS MAY BE DESIGNATED. FORM 990, PART VI, SECTION A, LINE 8B MEETING MINUTES WOULD HAVE BEEN RECORDED AND MAINTAINED HAD THERE BEEN COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE ORGANIZATION'S FORM 990 IS REVIEWED BY THE TREASURER OF THE ORGANIZATION. THE COMPLETED FORM 990 IS PROVIDED TO ALL THREE MEMBERS OF THE GOVERNING BODY AS WELL AS TO THE BOARD OF DIRECTORS CURRENTLY SERVING AT THE TIME OF FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH INTERESTED PERSON SHALL SIGN AN ANNUAL STATEMENT WHICH IS REVIEWED FOR POTENTIAL CONFLICTS. IF AN INTERESTED PERSON DISCLOSES A CONFLICT DURING A BOARD OR COMMITTEE MEETING, THAT PERSON IS REQUIRED TO LEAVE THE MEETING WHILE THE ISSUE IS DISCUSSED. IF A CONFLICT EXISTS, APPROPRIATE STEPS WILL BE FOLLOWED IN ACCORDANCE WITH THE CONFLICT OF INTEREST DOCUMENT. ANY CONFLICTS WILL BE RECORDED IN THE BOARD AND/OR COMMITTEE MINUTES. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION APPOINTED A PRESIDENT & CEO BEGINNING SEPTEMBER 1, 2017. THE FULL BOARD WILL ANNUALLY REVIEW THE PERFORMANCE AND THE MARKET LEVEL OF COMPENSATION FOR THE PRESIDENT & CEO AND OTHER KEY EMPLOYEES, WITH THE ASSISTANCE OF AN INDEPENDENT CONSULTANT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE ENTIRE BOARD OF DIRECTORS ACTS AS THE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.