2017-02-14T14:46:11-06:00 2016-06-30 560574444 CHERRY BEKAERT LLP 1111 Metropolitan Ave Ste 1000 Charlotte NC 28204 990 2015-07-01 560693436 Arts & Science Council Charlotte/Mecklenburg Inc ARTS 7043332272 227 West Trade Street Suite 250 Charlotte NC 28202 SUSAN GARY svp/cfo 7043332272 2017-02-13 1 Janice A Ratica P00358837 7043771678 2015 2021-01-29 14:40:06Z ROBERT E BUSH JR 227 West Trade Street Suite 250 Charlotte NC 28202 10336685 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 42 400 0 0 10937706 10322996 0 0 2200 -1159 0 0 10939906 10321837 9887882 9450870 0 0 2660113 2703230 0 0 1412432 2143492 1785524 14691487 13939624 -3751581 -3617787 49357106 44063897 11617786 9034185 37739320 35029712 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 9450870 9450870 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. 1204645 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. 535613 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. 11191128 1 1 0 0 0 1 0 0 0 1 1 1 0 0 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 1 235 0 42 1 0 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 susan gary 7043332272 227 W TRADE ST SUITE 250 CHARLOTTE NC 28202 Norma Abbene JD Director 3.50 X 0 0 0 Melissa A Banks 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 Trevor M Fuller Director 3.50 X 0 0 0 Durral Gilbert Director 3.50 X 0 0 0 Marc E Gustafson Director 3.50 X 0 0 0 Randy J Harrington Director 3.50 X 0 0 0 Robert E Harrington Director 3.50 X 0 0 0 William L Hawkins Director 3.50 X 0 0 0 Russell Hughes Director 3.50 X 0 0 0 Jeanne E Johnson Director 3.50 X 0 0 0 Matt Kosmicki Director 3.50 X 0 0 0 John L Mackay Jr 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 Anthony C Perez Director 3.50 X 0 0 0 Katrina W Ross Director 3.50 X 0 0 0 Justin S Steinschriber Director 3.50 X 0 0 0 Mike Vasaune Director 3.50 X 0 0 0 Paula R Vincent Director 3.50 X 0 0 0 Tiffany E Waddell Director 3.50 X 0 0 0 Susan R Faulkner Chair 3.50 X X 0 0 0 Kevin L Patterson Immediate Past Chair 3.50 X X 0 0 0 ROBERT E BUSH JR PRESIDENT 50.00 X 201596 0 17875 SUSAN GARY SVP/COO 50.00 X 140747 0 12739 BARBARA ANN TEMPLE VP/EDUCATION 50.00 X 121100 0 15373 Michael Andrews SVP/Community Engagement 50.00 X 142854 0 8975 Katherine Mooring SVP/Programs & Services 50.00 X 118842 0 13443 725139 0 68405 5 0 1 0 0 4716971 5606025 94738 10322996 13689 14848 -1159 -1159 -1159 10321837 0 0 -1159 9348426 9348426 102444 102444 372957 219471 153486 1828886 625896 477398 725592 63609 22878 19836 20895 285518 143388 67769 74361 152260 62898 37953 51409 34600 21256 5293 8051 -158792 -298097 55256 84049 115416 13675 5015 96726 206986 84050 44430 78506 186225 82161 16441 87623 254943 153643 49791 51509 111652 50051 25025 36576 ARTIST CONTRACTS 273697 273697 PROCESSING FEES 108070 55460 21467 31143 Discretionary fees 79826 41500 35000 3326 PROFESSIONAL DEVELOPMEN 72990 61060 3973 7957 499911 127271 317931 54709 13939624 11191128 1336064 1412432 2806030 1117584 13641077 10424174 432518 528988 29740 66632 1749448 1266833 326300 482615 32121441 31443904 49357106 44063897 514764 531754 750486 1134443 10352536 7367988 11617786 9034185 X 387473 -937366 9473482 8088713 27878365 27878365 37739320 35029712 49357106 44063897 X -3617787 375 907804 X 0 1 X 1 0 X 12597434 14177927 13258068 10937706 10322998 61294133 12597434 14177927 13258068 10937706 10322998 61294133 544801 60749332 10437 2853 454 13744 1208135 1251257 1492662 3952054 65259931 0.93090 0.91470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3 0 0 1228300 0 0 32095072 907804 1570868 31432008 33415834 7564 1328326 32095072 30680498 4227998 1492662 33415834 28873173 125000 2933582 1251257 30680498 30927993 20 -846705 1208135 28873173 0.00000 0.88690 0.11310 0 1 1 1749448 1266833 482615 482615 beneficial INTEREST IN GREATER CHARLOTTE CULTURAL TRUST 31432008 F common stocks 11896 F 31443904 PAYABLE TO DESIGNATED BENEFICIARY 7353050 FUNDS HELD FOR OTHERS 14938 7367988 X 12450044 375 556964 1570868 2128207 10321837 0 10321837 14496588 556964 556964 13939624 0 13939624 Part V, Line 4: the unrestricted endowment is utilized to support the ongoing programming and operations of the organization. a portion of the endowment is restricted in use by donor designations. the income from these funds is utilized as determined by the donor (arts education, science education, regional artists, etc). 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: ALLOCATION OF ALLOWABLE ENDOWMENT BALANCE FOR SPENDING 1,570,868. 1 A Sign Of The Times of the Carolinas 6228 Eagle Peak Drive Charlotte NC 28214 204766220 501 (c) (3) 25215 Cultural Project Grant Actor's Theatre of Charlotte 2219 Freedom Drive Charlotte NC 28208 581888236 501 (c) (3) 49640 Professional Development Scholarship Grants Bechtler Museum of Modern Art 420 S Tryon Street Charlotte NC 28202 562225722 501 (c) (3) 346515 Operating Support Grant Behailu Academy 451 E 36th Street Charlotte NC 28205 452950924 501 (c) (3) 5000 Cultural Project Grant Blumenthal Performing Arts 345 North College Street Charlotte NC 28202 134258900 501 (c) (3) 316624 Operating Support Grant Carolina Raptor Center 6000 Sample Road Huntersville NC 28078 561349170 501 (c) (3) 124422 Operating Support Grant Carolina Voices 1900 Queens Road Charlotte NC 28207 560810412 501 (c) (3) 26500 Operating Support Grant Central Piedmont Community College Foundation Inc PO Box 35009 Charlotte NC 282355009 560890420 501 (c) (3) 5000 Cultural Project Grant Charlotte Ballet 701 N Tryon Street Charlotte NC 28202 581314711 501 (c) (3) 914110 Operating Support Grant Charlotte Dragon Boat Association 4700 Carsons Pond Road Charlotte NC 28225 270270077 501 (c) (3) 5000 Festival Grants and Scholarships Charlotte Museum Of History Inc 3500 Shamrock Drive Charlotte NC 28215 237125613 501 (c) (3) 31887 Cultural Project Grant Charlotte Symphony 301 S Tryon Street Suite 1700 Charlotte NC 28282 566011568 501 (c) (3) 837198 Operating Support Grant Charlotte ViewPoint PO Box 3113 Charlotte NC 282311113 205291123 501 (c) (3) 6322 Cultural Project Grant Charlotte Youth Ballet Inc PO Box 472937 Charlotte NC 282472937 561539628 501 (c) (3) 5000 Cultural Project Grant Clayworks 4506 Monroe Road Charlotte NC 28205 900198258 501 (c) (3) 37498 Operating Support Grant Community School of the Arts 345 North College Street Charlotte NC 28202 561356847 501 (c) (3) 218948 Operating Support Grant Cool Spring Center 399 West Page Hager Road Cleveland NC 27013 562231192 115 (C) (2) 5000 Technical Assistance Cornelius Youth Orchestras 19701 Bethel Church Road 103-147 Cornelius NC 28031 331143760 501 (c) (3) 10000 Cultural Project Grant Davidson Community Players PO Box 76 Davidson NC 28036 581542159 501 (c) (3) 25000 Operating Support Grant Didgeridoo Down Under 14650 Bournemouth Road Tampa FL 33626 593725501 501 (c) (3) 10125 Education School Grant Program Discovery Place Inc 301 N Tryon Street Charlotte NC 28202 560529944 501 (c) (3) 865847 Operating Support Grant Festival in the Park 1409 East Blvd Charlotte NC 28273 566087310 501 (c) (3) 10000 Festival Grants and Scholarships Harvey B Gantt Center for African-American Arts Culture 551 S Tryon Street Charlotte NC 28202 561152286 501 (c) (3) 359130 Operating Support Grant Historic Rosedale Plantation 3427 N Tryon Street Charlotte NC 28206 561558489 501 (c) (3) 8952 Education Field Trip Historic Rural Hill Inc 4431 Neck Road Huntersville NC 28078 561797334 501 (c) (3) 6500 Education Field Trip India Association of Charlotte 3212 Devon Croft Lane Charlotte NC 28269 561907586 501 (c) (3) 5000 Festival Grants and Scholarships InReach 4530 Park Road 300 Charlotte NC 28209 521084075 501 (c) (3) 9500 Cultural Project Grant Japanese Association in Charlotte 1817 Central Ave Room 300 Charlotte NC 28205 581463836 501 (c) (3) 5000 Festival Grants and Scholarships Jazz Arts Initiative 345 North College Street Suite 405B 405B Charlotte NC 28202 271728470 501 (c) (3) 25050 Cultural Project Grant Latta Plantation 5225 Sample Road Huntersville NC 28078 237296889 501 (c) (3) 43737 Operating Support Grant Levine Jewish Community Center 5007 Providence Road Charlotte NC 28226 561100696 501 (c) (3) 8750 Cultural Project Grant Levine Museum of the New South 200 E 7th Street Charlotte NC 28202 561748648 501 (c) (3) 466091 Operating Support Grant LevRidge Resources 240 Wendover Hill Ct Charlotte NC 28221 274358535 115 (C) (2) 8006 Technical Assistance Living Rhythms 2721 Cardiff Court WinstonSalem NC 27103 200442598 115 (C) (2) 9460 Education School Grant Program Martha ConnertonKinetic Works 1609 Nassau Blvd Charlotte NC 28205 562266383 115 (C) (2) 8400 Cultural Project Grant Matthews Parks Recreation and Cultural Resource Department 100 McDowell Street Matthews NC 28105 566001283 115 (C) (2) 25000 Operating Support Grant McColl Center for Art Innovation 721 N Tryon Street Charlotte NC 28202 510195015 501 (c) (3) 369516 Operating Support Grant Mint Hill Arts 11205 Lawyers Road Suite A Mint Hill NC 28227 043846871 501 (c) (3) 6000 Cultural Project Grant Mint Hill Historical Society 7601 Matthews-Mint Hill Road Mint Hill NC 28227 561601012 501 (c) (3) 5000 Education Field Trip Mint Museum of Art 2730 Randolph Road Charlotte NC 28207 560670666 501 (c) (3) 1289930 Operating Support Grant Morenga Hunt Consulting 4625 Demetria Run Rock Hill SC 29732 288485713 115 (C) (2) 5000 Technical Assistance Music at St Alban's PO Box 371 Davidson NC 28036 464695666 501 (c) (3) 6750 Cultural Project Grant Musical Minds NC 16915 Birkdale Commons Parkway Huntersville NC 28078 371699222 501 (c) (3) 7250 Cultural Project Grant North Carolina Wildlife Federation 1346 St Julien Street Charlotte NC 28205 561564376 501 (c) (3) 8750 Cultural Project Grant North Mecklenburg Community Chorus Inc PO Box 1234 Cornelius NC 28031 271469178 501 (c) (3) 6811 Cultural Project Grant Number Drummer Productions LLC 2011 Wilburn Park Lane NW Charlotte NC 28269 810936981 115 (C) (2) 19080 Education School Grant Program On Q Performing Arts PO Box 791622 Charlotte NC 28206 451587446 501 (c) (3) 57295 Cultural Access Grant One Voice Inc PO Box 9241 Charlotte NC 28299 581979889 501 (c) (3) 5250 Cultural Project Grant Opera Carolina 1600 Elizabeth Avenue Charlotte NC 28204 566019660 501 (c) (3) 513193 Operating Support Grant Polk Memorial Support Fund Inc PO Box 475 Pineville NC 28134 562019575 501 (c) (3) 6181 Education Field Trip Que-OS Industry 721 North Tryon Street Charlotte NC 28202 460643659 501 (c) (3) 5000 Theatre Endowment The Carolinas Latin Dance Company PO Box 43770 Charlotte NC 28215 562276606 501 (c) (3) 8000 Cultural Project Grant The Charlotte Folk Society PO Box 36864 Charlotte NC 282366864 561328389 501 (c) (3) 10000 Cultural Project Grant The Choir School At St Peters 115 West Seventh Street Charlotte NC 28202 562271723 501 (c) (3) 8138 Cultural Project Grant The Light Factory 1817 Central Ave Charlotte NC 28205 510185359 501 (c) (3) 7775 Education School Grant Program Theatre Charlotte 501 Queens Road Charlotte NC 28207 560591306 501 (c) (3) 95496 Operating Support Grant Town of Davidson 216 South Main Street PO Box 579 Davidson NC 28036 566001212 115 (C) (2) 5000 Town Programs Grant Town of Huntersville Parks & Recreation 101 Huntersville-Concord Road Huntersville NC 28078 566001252 115 (C) (2) 5000 Town Programs Grant Town of Mint Hill 4430 Min Hill Village Lane Mint Hill NC 28227 561034572 115 (C) (2) 5000 Town Programs Grant Town of Pineville PO Box 249 200 Dover Street Pineville NC 28134 566001310 115 (C) (2) 9000 Town Programs Grant University of North Carolina School of the Arts Foundation inc 1533 South Main Street WinstonSalem NC 27127 566064850 115 (C) (2) 42285 NC School fo the Arts - Wachovia Wing Haven 248 Ridgewood Avenue Charlotte NC 28209 561014180 501 (c) (3) 25000 Operating Support Grant 62 15 Technical Assistance 1 5000 FMV Regional Arts Progress 31 50429 FMV Cultural Education in School 20 47015 FMV 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. PART I, LINE 2: REGIONAL ARTIST PROJECT INVESTMENTS PROVIDE UP TO $5,000 TO INDIVIDUALS AND SMALL GROUPS OF COLLABORATING ARTISTS TO PURSUE PROJECTS THAT FURTHER ENHANCE ARTISTIC DEVELOPMENT. ELIGIBLE ARTISTS MUST RESIDE IN ONE OF THE PARTICIPATING COUNTIES LISTED BELOW. THIS PROGRAM IS FUNDED IN PART BY THE NORTH CAROLINA ARTS COUNCIL, A STATE AGENCY, THE LOCAL ARTS COUNCILS IN CABARRUS, CLEVELAND, GASTON, IREDELL, LINCOLN, ROWAN, RUTHERFORD, STANLY AND YORK (SC) COUNTIES, THE BLUMENTHAL EMERGING ARTISTS ENDOWMENT AND ASC'S ANNUAL FUND DRIVE. X X X X 0 0 0 0 0 0 0 0 0 ROBERT E BUSH JR PRESIDENT 201596 0 0 0 0 0 9811 0 8064 0 219471 0 206995 0 SUSAN GARY SVP/COO 140747 0 0 0 0 0 5714 0 7025 0 153486 0 0 0 Michael Andrews SVP/Community Engagement 142854 0 0 0 0 0 8571 0 404 0 151829 0 0 0 X 17 94738 FMV 0 0 1 0 Form 990, Part VI, Section B, line 11 THE AUDIT COMMITTEE, ASC PRESIDENT AND CFO 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 HUMAN RESOURCES COMMITTEE 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 Human Resources Committee also establishes 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 HR COMMITTEE 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 XI, line 9: CHANGE IN BENEFICIAL INTEREST 907,804. GREATER CHARLOTTE CULTURAL TRUST 217 S TRYON STREET CHARLOTTE NC 28202 820576292 ENDOWMENT INVESTMENT & ADMINISTRATION NC 501(C)(3) 11a N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0