2018-04-06T10:22:41-05:00 2017-05-31 560574444 CHERRY BEKAERT LLP 1111 Metropolitan Ave Ste 1000 Charlotte NC 28204 990 2016-06-01 590637903 Ringling College of Art and Design inc RING 9413515100 2700 North Tamiami Trail Sarasota FL 34234 larry r thompson PRESIDENT 9413597514 2018-03-11 1 Amanda Adams P00748038 7043771678 68.142.180.174 2018-03-11 12:05:59 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 18694F53AD11E15FFCEA276DE93F63B2E746D691 2016 2021-01-29 14:40:06Z LARRY R THOMPSON 2700 North Tamiami Trail Sarasota FL 34234 94244895 0 X www.ringling.edu X 1931 FL ringling college of art and design is a small, private college offering programs leading to degrees that prepare students to be discerning visual thinkers and ethical practitioners in their chosen area of art and design. ringling's curriculum balances the teaching of technical knowledge and skills with the development of critical, conceptual and creative abilities and supports courses that provide historical, multicultural, global and future perspectives. 39 38 988 778 -900 -900 11987621 15048698 62459800 69314947 881412 -742816 -6894 -40263 75321939 83580566 11022205 13353676 0 0 27990965 29248389 18964 33285 1930753 30020060 32480954 69052194 75116304 6269745 8464262 212702297 240586926 75119690 89993681 137582607 150593245 X Ringling College of Art and Design is a private, not-for-profit, fully accredited college offering the bachelor's degree in 13 disciplines: Advertising Design, Business of Art and Design, Computer Animation, Creative Writing, Film, Fine Arts, Game Art, Graphic Design, Illustration, Interior Design, Motion Design, Photography and Imaging, and Visual Studies. The College is a member of the Association of Independent Colleges of Art and Design (AICAD) and is accredited by the National Association of Schools of Art and Design (NASAD), the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC) to award the Bachelor of Fine Arts Degree and Bachelor of Arts Degree, and by the first professional degree level by the Council for Interior Design Accreditation (CIDA). 0 0 55425318 13036401 56187650 TUITION AND FEES: RINGLING COLLEGE OF ART AND DESIGN PROVIDES INSTRUCTION IN VISUAL ARTS EDUCATION TO APPROXIMATELY 1,300 STUDENTS IN FULLY ACCREDITED FOUR-YEAR DEGREE PROGRAMS LEADING TO BFA AND BA DEGREES. 8786870 240315 11561789 AUXILIARY: RINGLING COLLEGE OF ART AND DESIGN OPERATES VARIOUS AUXILIARY ENTERPRISES INCLUDING DINING SERVICES, HOUSING, AND BOOKSTORE SERVICES IN SUPPORT OF A RESIDENTIAL COMMUNITY WHICH SUPPORTS STUDENT DEVELOPMENT AND FOR THE CONVENIENCE OF ITS STUDENTS, FACULTY AND STAFF. 2985394 76960 1565508 COMMUNITY OUTREACH: RINGLING COLLEGE OF ART AND DESIGN PROVIDES VISUAL AND LIBERAL ARTS INSTRUCTION FOR THE COMMUNITY THROUGH VARIOUS PROGRAMS ON A NON-CREDIT BASIS. 67197582 1 1 0 1 0 0 0 1 1 1 1 0 0 0 1 1 1 0 1 0 1 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 1 2114 0 1 988 1 1 1 0 0 0 0 1 1 0 0 0 0 X 39 38 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 FL X monica waid 9413597514 2700 n tamiami trail sarasota FL 34234 DEAN EISNER CHAIR 1.00 X X 0 0 0 JEAN MARTIN VICE CHAIR 1.00 X X 0 0 0 Michael Klein SECRETARY 1.00 X X 0 0 0 George Miles TREASURER 1.00 X X 0 0 0 ALI M BAHAJ TRUSTEE 1.00 X 0 0 0 ROBERT BARTNER TRUSTEE 1.00 X 0 0 0 RICHARD BASCH TRUSTEE 1.00 X 0 0 0 Alex Beavers Jr Trustee 1.00 X 0 0 0 CAROL CAMIENER TRUSTEE 1.00 X 0 0 0 Elaine Crouse Trustee 1.00 X 0 0 0 Maurice Cunniffe Trustee 1.00 X 0 0 0 LINDA DICKINSON TRUSTEE 1.00 X 0 0 0 JAMES ERICSON TRUSTEE 1.00 X 0 0 0 HERMAN FRANKEL TRUSTEE 1.00 X 0 0 0 LARRY GARBERDING TRUSTEE 1.00 X 0 0 0 Teri Hansen TRUSTEE 1.00 X 0 0 0 JACK HARRISON TRUSTEE 1.00 X 0 0 0 WILLIAM ISAAC TRUSTEE 1.00 X 0 0 0 EDWARD JENNINGS TRUSTEE 1.00 X 0 0 0 CHERYL LOEFFLER TRUSTEE 1.00 X 0 0 0 FLORA MAJOR TRUSTEE 1.00 X 0 0 0 Nancy Markle TRUSTEE 1.00 X 0 0 0 Frank Martucci TRUSTEE 1.00 X 0 0 0 GREGORY MATTHEWS TRUSTEE 1.00 X 0 0 0 MARY ANN MEYER TRUSTEE 1.00 X 0 0 0 Joel Morganroth TRUSTEE 1.00 X 0 0 0 Karl Newkirk TRUSTEE 1.00 X 0 0 0 ISABEL NORTON TRUSTEE 1.00 X 0 0 0 Rosemary Oberndorf TRUSTEE 1.00 X 0 0 0 BRANDON OLDENBURG TRUSTEE 1.00 X 0 0 0 SUSAN PALMER TRUSTEE 1.00 X 0 0 0 Carol Phillips TRUSTEE 1.00 X 0 0 0 Samuel Samelson Trustee 1.00 X 0 0 0 JANET SCHMIDT TRUSTEE 1.00 X 0 0 0 Dehne Sibbernsen Trustee 1.00 X 0 0 0 CHARLES SMITH TRUSTEE 1.00 X 0 0 0 STEVEN STEIN TRUSTEE 1.00 X 0 0 0 LOIS STULBERG TRUSTEE 1.00 X 0 0 0 PETER WEILL TRUSTEE 1.00 X 55080 0 0 DR LARRY R THOMPSON PRESIDENT 40.00 X 478710 0 89683 TRACY WAGNER VP FOR FINANCE & ADMINISTR 40.00 X 191637 0 23067 DAVID JACKSON Co-Interim VP for Academic Affairs/Dean of Faculty 40.00 X 154728 0 21195 CHRISTINE DEGEORGE VP FOR HUMAN & ORGANIZATIO 40.00 X 199598 0 24887 Jeffrey bellantoni VP for Academic Affairs 40.00 X 204433 0 10387 Stacey Corley VP For Advancement 40.00 X 166981 0 30173 Jeffrey H Schwartz Co-Interim VP for Academic Affairs/Dean of Undergr 40.00 X 142833 0 28926 James Dean Dean of Admissions 40.00 X 147361 0 14263 MAHMOUD PEGAH DIRECTOR OF INSTITUTIONAL 40.00 X 197839 0 20662 TAMMY WALSH VP FOR STUDENT LIFE/DEAN O 40.00 X 165520 0 8560 2104720 0 271803 27 0 1 0 Willis A Smith Construction 5001 Lakewood Ranch Blvd N Sarasota FL 34240 Construction Services 9049445 CHARTWELLS DINING SERVICES 2400 YORKMONT ROAD CHARLOTTE NC 28217 DINING SERVICES 2454034 Tom Wessel Construction Corp 2639 Fruitville Rd 303 Sarasota FL 34237 Construction Services 1331240 Custodial Maintenance Inc 6222 Tower Lane Ste A-7 Sarasota FL 34240 Custodial Services 968938 Sarasota Memorial Hospital 1700 S Tamiami Trail Sarasota FL 34239 Student Health Services 588887 23 296664 1078167 13673867 931346 15048698 tuition & fees 900099 56187650 56187650 auxiliary services 900099 11561789 11561789 continuing education 900099 1565508 1565508 69314947 1296039 1296039 10270 4896 5374 5374 5374 6409650 1822257 6995147 3275615 -585497 -1453358 -2038855 2422 -2041277 253418 296664 331850 -78432 -3322 -75110 3573 7400 -3827 -3827 86043 49421 36622 36622 83580566 69314947 -900 -782179 121218 121218 13218058 13218058 14400 14400 1135077 1135077 21937402 19516244 1410442 1010716 700289 627039 37442 35808 3825250 3240021 452401 132828 1650371 1434147 145233 70991 135299 135299 111447 111447 42391 42391 33285 33285 87032 87032 5963507 5483979 383519 96009 751645 523033 152559 76053 2375935 1771319 528404 76212 1545265 1544730 358 177 3316111 3124478 162754 28879 995862 862871 106562 26429 354487 246052 75931 32504 2192254 1931163 261091 10316939 9780850 511477 24612 600877 591242 6452 3183 Food 2985667 2691049 11551 283067 Student Related Expense 407442 407442 298794 68247 230547 75116304 67197582 5987969 1930753 17475986 17313856 12324184 13742860 504407 470250 1840855 1910423 242600168 92656743 124721123 149943425 47449352 50013668 2182324 140035 6204066 7052409 212702297 240586926 9398937 10378056 979869 1287846 61015000 59006055 310231 390672 11492631 3415653 7438421 75119690 89993681 X 59081937 63504506 57522901 64110762 20977769 22977977 137582607 150593245 212702297 240586926 X 8464262 4641158 -94782 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 46157 46157 0 Part II-B, Line 1: The College is a member of an association of independent colleges whose lobbying activities related to the continuation of the Florida Resident Access Grant which benefits Florida students at private colleges. The College also retains a consulting firm for representation as needed before the Florida Legislature, Executive Branch, and any other local government agencies. 8600 4565328 X X 1 0 1 X 42091138 2038759 4626200 1101881 165357 47488859 45846003 553041 -2707933 1380175 219798 42091138 43107326 2785934 1305293 1136125 216425 45846003 36106488 4343619 3735492 870225 86200 121848 43107326 26641817 5604557 4844679 758000 88950 137615 36106488 0.42420 0.48390 0.09190 1 0 2065000 28855005 30920005 121922805 58558816 63363989 799927 384200 415727 67057039 32207107 34849932 21900392 1506620 20393772 149943425 interest rate swap liability 585460 annuity payable 1400377 student deposits 598867 Capital Lease Obligation 4853717 7438421 X 75575793 4641158 173147 -13125613 -8311308 83887101 87032 -393567 -306535 83580566 62565155 173147 393567 566714 61998441 87032 13030831 13117863 75116304 Part III, Line 1a: The College's collections include works of art that are maintained in the College's galleries and library and loaned to on-campus departments and local entities. These collections are protected and preserved and cared for, and activities verifying their existence and assessing their condition are performed periodically. The College's policy is to capitalize donated works of art at fair value and purchased works of art at cost if not preserved and held for public exhibition or if intended to be sold without proceeds used for purchases of works of art. Of the $7,052,409 and $6,067,409 presented in Other non-current assets on the statements of financial position, $4,565,328 and $4,671,428 as of May 31, 2017 and 2016, respectively, are donated works of art which are being held with the intent of resale and do not meet the definition of a collection. Part III, Line 4: Our collections include paintings, prints and sculpture reflecting a myriad of artistic styles donated by individuals to the college for selective public display. The collection serves as an important cultural resource for our students, faculty, staff and community serving to educate and inspire. The College's collections include works of art that are maintained in the college's galleries and library and loaned to on-campus departments and local entities. These collections are protected and preserved and cared for, and activities verifying their existence and assessing their condition are performed periodically. Part IV, Line 2b: Funds held in custody for others primarily relates to student organizations as well as fiscal agency for C4 Consortium. Part V, Line 4: Endowment Funds are used to support student scholarships, academic programs and institutional support. Part X, Line 2: A ruling from the U.S. Treasury Department, dated May 19, 1938, states that Ringling School of Art and Design is exempt from Federal income tax under the provisions of 101(6) of the Revenue Act of 1936, which is now 501(c)(3) of the 1986 Code. However, the College's unrelated business income is subject to income tax at corporate rates. The College's policy is to record a liability for any beneficial tax position, excluding any related interest and penalties, when it is more likely than not the position taken by management with respect to a transaction or class of transactions will be overturned by a taxing authority upon examination. Management believes there are no such positions as of May 31, 2017 and May 31, 2016 and, accordingly, no liability has been accrued. Part XI, Line 2d - Other Adjustments: scholarship allowance shown net of revenue on financials -12,716,556. AUXILIARY ALLOWANCE (SCHOLARSHIPS) -240,315. CSSP & ART CENTER (SCHOLARSHIPS) -73,960. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -127,522. CHANGE IN VALUE OF GIFTED ARTWORK 32,740. Part XI, Line 4b - Other Adjustments: Rental expenses -4,896. fundraising event expenses -331,850. Gaming activities expenses -7,400. cost of goods sold -49,421. Part XII, Line 2d - Other Adjustments: COST OF GOODS SOLD 49,421. RENTAL EXPENSES 4,896. FUNDRAISING EVENT EXPENSES 331,850. GAMING ACTIVITIES EXPENSES 7,400. Part XII, Line 4b - Other Adjustments: scholarship allowance shown net of revenue on financials 12,716,556. AUXILIARY ALLOWANCE (SCHOLARSHIPS) 240,315. CSSP & ART CENTER (SCHOLARSHIPS) 73,960. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The Policy is published on the College's website for prospective student applicants. Schedule E, Part I, Line 6 Financial Aid or assistance from a governmental agency is distributed to students using federally approved financial need analysis criteria. 1 Central America and the Caribbean 0 0 Program Services Recruiting 3396 East Asia and the Pacific 0 0 Program Services Recruiting 53197 Europe 0 0 Program Services Recruiting 15734 europe 0 0 Program Services Research 3038 europe 0 0 Program Services Seminars & Conferences 8174 europe 0 0 Program Services Study Abroad 23688 Middle East and North Africa 0 0 Program Services Recruiting 9718 North America 0 0 Program Services Seminars & Conferences 2553 South Asia 0 0 Program Services Recruiting 11792 Sub-Saharan Africa 0 0 Grants to recipients located in the region 5209 East Asia and the Pacific 0 0 Program Services Seminars & Conferences 2340 Europe 0 0 Grants to recipients located in the region 4042 Middle East and North Africa 0 0 Program Services Seminars & Conferences 3 Russia and Neighboring States 0 0 Program Services Recruiting 2148 South America 0 0 Grants to recipients located in the region 3252 0 0 0 0 0 0 119498 28786 148284 Study Abroad tuition Europe 1 14400 CHECK 0 0 0 0 0 0 Part I, Line 2: The organization facilitates funding of student projects related to the institutional mission, which may occur in a foreign country. All expenses are substantiated under an accountable plan to ensure appropriate use of funds. Part I, line 3: Expenditures are recorded on an accrual basis. X X X X X X X 1 MARIANNE B TUCKER 1188 N TAMIAMI TRAIL UNIT 304 SARASOTA FL 34236 GRANT WRITER 0 75000 19834 55166 Bentz Whaley Flessner 7251 Ohms Lane Minneapolis MN 55439 Strategic Fundraising Consultant 0 0 10156 -10156 iWave Information Systems 28 HILLSTROM AVE CHARLESTOWN PRINCE EDWARD ISL CA C1E 2C5 Donor Information Systems Services 0 0 3295 -3295 75000 33285 41715 FL AVANT GARDE 280135 182801 97334 12196 79366 7016 61900 Art Tour 127400 127400 27145 491 103087 1 142547 113863 28684 18246 22403 550082 296664 253418 12196 124757 7507 187390 331850 -78432 1 AMERICAN JEWISH COMMITTEE 1605 MAIN STREET STE 612 SARASOTA FL 34234 135563393 501(c)(3) 7510 General support PINC CONFERENCES LLC 1413 BLVD OF THE ARTS SARASOTA FL 34236 465617978 47250 Local Conference showcasing innovative speakers Jewish Family & Children Services of the Suncoast iNc 2688 Fruitville Road SaraSOTA FL 34237 592693318 501(c)(3) 8600 General support The Greater Sarasota Chamber of Commerce 1945 Fruitville Road SARASOTA FL 34236 590435955 501(c)(3) 8084 General support Economic Development Corporation of Sarasota County 1680 Fruitville Road SARASOTA FL 34236 201133191 501(c)(3) 5065 General support 4 1 scholarships & grants 1151 13139841 CSSP & ART CENTER SCHOLARSHIPS 90 73960 STUDENT AWARDS 20 4257 Part I, Line 2: Disbursements to students receiving financial aid are made in accordance with institutional procedures to ensure that those receiving aid are qualifying recipients. Federal financial aid and/or assistance from governmental agencies is distributed and monitored in accordance with federally approved need analysis criteria or other agency provided criteria. X X X X 0 1 X X X X 1 1 0 0 0 0 0 0 0 DR LARRY R THOMPSON PRESIDENT 297115 0 75000 0 106595 0 63250 0 27294 0 569254 0 0 0 TRACY WAGNER VP FOR FINANCE & ADMINISTR 177539 0 0 0 14098 0 9789 0 14138 0 215564 0 0 0 DAVID JACKSON Co-Interim VP for Academic Affairs/D 145500 0 0 0 9228 0 7818 0 14113 0 176659 0 0 0 CHRISTINE DEGEORGE VP FOR HUMAN & ORGANIZATIO 179653 0 0 0 19945 0 9711 0 16031 0 225340 0 0 0 Jeffrey bellantoni VP for Academic Affairs 86583 0 0 0 117850 0 4624 0 6594 0 215651 0 0 0 Stacey Corley VP For Advancement 149615 0 0 0 17366 0 8739 0 22272 0 197992 0 0 0 Jeffrey H Schwartz Co-Interim VP for Academic Affairs/D 135134 0 0 0 7699 0 7542 0 22091 0 172466 0 0 0 James Dean Dean of Admissions 137173 0 0 0 10188 0 7297 0 7709 0 162367 0 0 0 MAHMOUD PEGAH DIRECTOR OF INSTITUTIONAL 176228 0 0 0 21611 0 9933 0 11590 0 219362 0 0 0 TAMMY WALSH VP FOR STUDENT LIFE/DEAN O 157677 0 0 0 7843 0 1593 0 7741 0 174854 0 0 0 Part I, Line 1a Dr. Larry R. Thompson, President receives a taxable housing allowance and gross-up payment which is reported as Reportable Compensation on Form 990, Page 7, Part VII, Section A, Column D and Schedule J, Page 2, Part II, Column B(iii). The College pays Country Club and Social Club dues on behalf of Dr. Larry R. Thompson, President. Personal use is not reimbursed, but the portion of the payment for Country Club and Social Club dues that is deemed to be for personal use is taxable to the employee and is reported as Reportable Compensation on Form 990, Page 7, Part VII, Section A, Column D and Schedule J, Page 2, Part II, Column B(iii). The College pays Social Club dues on behalf of Stacey Corley, Vice President for Advancement. Personal use is not reimbursed, but the portion of the payment for Social Club dues that is deemed to be for personal use is taxable to the employee and is reported as Reportable Compensation on Form 990, Page 7, Part VII, Section A, Column D and Schedule J, Page 2, Part II, Column B(ii). The College also pays for certain travel expenses for Dr. Thompson's spouse when it serves the needs of the College to have his spouse present for various College functions. Part I, Line 1b The Board of Trustees determined that the College would provide the housing allowance, gross-up payment, and Social Club dues for the President (described above) and those benefits are included in the President's appointment letter from the Board of Trustees. Part I, Lines 4a-b Part I, Line 4a - Pursuant to a letter of appointment and a voluntary agreement between the parties, Jeffrey Bellantoni, Vice President for Academic Affairs, was paid $113,069. Part I, Line 4b - Dr. Larry R. Thompson, President participated in a supplemental nonqualified retirement plan described in section 457(f) of the IRS Code which vested on May 31, 2011. All contributions to that plan were frozen for periods after May 31, 2012. The Board of Trustees established a supplemental nonqualified retirement plan described in section 457(f) of the IRS Code for Dr. Larry R. Thompson, President effective June 1, 2012 with an initial vesting date of May 31, 2015 and a subsequent vesting date of May 31, 2018. The Organization made a $50,000 tax deferred contribution to the 2012 plan in February 2017, which is reported as Other Compensation on Form 990, Page 7, Part VII, Section A, Column F and Schedule J, Page 2, Part II, Column C. A higher educational facilities financing authority 900058227 noneavail 2010-12-01 30000000 currently refund part of the series 2008 issue 0 0 0 B higher educational facilities financing authority 900058227 noneavail 2009-12-01 19400000 currently refund series 2004 issue 0 0 0 C higher educationAL facilities financing authority 900058227 noneavail 2014-06-04 17730000 currently refund part of the series 2008 issue 0 0 0 A 30000000 30000000 2009 1 0 1 1 B 4660000 19400000 19400000 2006 1 0 1 1 C 3260000 17730000 17730000 2009 1 0 1 1 A 0 0 1 1 0 0.03560 0.03560 0 0 1 B 0 0 1 1 0 0.01900 0.01900 0 0 1 C 0 0 1 1 0 0.02970 0.02970 0 0 1 A 0 0 0 1 1 1 PNC BANK 10.000000000000 0 0 0 0 1 B 0 0 1 0 1 1 suntrust bank 10.000000000000 1 0 0 0 1 C 0 1 0 0 1 1 suntrust bank 10.000000000000 0 0 0 0 1 A 1 B 1 C 1 Date Rebate Computation Performed Issuer Name: higher educational facilities financing authority Date the Rebate Computation was Performed: 04/29/2015 NA Granddaughter of trustee 10000 Partial Scholarship Merit-Based Scholarship X 5 8600 FMV/APPRAISAL X 5045 FMV X 8 200839 FMV X computer EQUIPMENT 1 379762 FMV X Equipment 6 336100 FMV/Appraisal X GIFTS 15 1000 FMV 2 0 0 1 Part I, Line 32b: A third party auction company was hired to liquidate artwork donations to fund the renovation costs to establish a contemporary art museum. Form 990, Part VI, Section B, line 11b The public disclosure copy is provided to the Board of Trustees so that the donors' requests to remain anonymous are granted. Form 990, Part VI, Section B, line 12c IN THE EVENT OF A POTENTIAL CONFLICT, THE TRUSTEE IN QUESTION WILL RECUSE THEMSELVES FROM ANY DISCUSSION OR VOTE. THE COLLEGE ANNUALLY PROVIDES A CONFLICT OF INTEREST POLICY AND FORM TO DISCLOSE ALL CONFLICTS OF INTEREST TO ALL TRUSTEES AND KEY EMPLOYEES. THESE RESPONSES ARE REVIEWED TO DETERMINE IF THERE ARE ANY POTENTIAL ISSUES OR ITEMS FOR DISCLOSURE. Form 990, Part VI, Section B, line 15 The President is evaluated annually by the Executive Committee of the Board of Trustees. The Compensation Committee, a sub-committee of the Executive Committee, is responsible for the annual evaluation, compensation, personnel actions and other employment issues related to the appointment of the President. The Committee conducts an annual performance appraisal, collects and evaluates comparative salary data from Association of Independent Colleges of Art and Design (AICAD), 990 data, and provides a recommendation for the President's annual compensation to the Executive Committee. The process requires the President to complete a Self-Assessment and the Board of Trustees members to complete performance Assessment Forms. The Compensation Committee reviews the assessment and prepares a recommendation for the Executive Committee. The Executive Committee reviews the deliberations with the Board of Trustees. The President evaluates and determines the compensation of each Senior Officer using AICAD data and the results of the performance review. The Vice President for Finance and Administration, the Vice President for Academic Affairs, the Vice President for Human and Organizational Development, the Vice President for Advancement, and the Vice President for Student Life are Senior Officers. The College evaluates the effectiveness of staff through the performance evaluation process. Each Senior Officer completes an annual report for the President's review. The President reviews the comparative data for each of the Senior Officers with the Compensation Committee. Documentation includes notes taken at the Compensation Committee meetings of data review and deliberations. Annual assessment documents for the President are also maintained. Form 990, Part VI, Section C, line 19 the organization's governing documents and conflict of interest policy are available to the public upon request. Form 990, Part XI, line 9: Change in value of split interest agreements -127,522. Change in value of gifted artwork 32,740.