2017-08-15T11:21:35-05:00 2016-09-30 132738625 DDK & COMPANY LLP ONE PENN PLAZA 4TH FLR NEW YORK NY 10119 990 2015-10-01 274099544 NEWPORT FESTIVALS FOUNDATION INC NEWP 2124523036 150 EAST 69TH STREET NO 27K NEW YORK NY 10021 GEORGE WEIN PRESIDENT 2124523036 2017-08-09 1 JEFFREY FEINMAN P00227146 2129970600 2015 2021-01-29 14:40:06Z GEORGE WEIN 150 EAST 69TH STREET APT 27K NEW YORK NY 10021 8783998 0 X WWW.NEWPORTFESTIVALSFOUNDATION.ORG X 2010 DE TO MAINTAIN THE NEWPORT JAZZ FESTIVAL AND NEWPORT FOLK FESTIVAL. 22 18 300 160 0 0 1064682 1513369 5465980 5784113 84572 -11945 -90005 -162639 6525229 7122898 0 45000 0 0 1332828 1524145 0 0 25875 4102978 4402169 5435806 5971314 1089423 1151584 6374367 7537670 657533 138585 5716834 7399085 THE MISSION OF THE NEWPORT FESTIVALS FOUNDATION IS TO PRESENT ALL FORMS OF JAZZ AND FOLK MUSIC FROM YESTERDAY, TODAY, AND TOMORROW AND TO ENCOURAGE, PROMOTE, AND EDUCATE THE COMMUNITY ABOUT FOLK AND JAZZ MUSIC. 0 0 2712099 0 3488802 TO MAINTAIN THE FAMED THE NEWPORT FOLK FESTIVAL IN PERPETUITY, TO BE PRESENTED AT HISTORIC LOCATIONS, INCLUDING FORT ADAMS STATE PARK AND OTHER FACILITIES IN NEWPORT, RI. 2499079 45000 2295311 TO MAINTAIN THE FAMED NEWPORT JAZZ FESTIVAL IN PERPETUITY. ON FRIDAY,SATURDAY AND SUNDAY, JULY 29 JULY 30, AND JULY 31, 2016 JAZZ PERFORMANCES TOOK PLACE ON 3 STAGES AT FORT ADAMS STATE PARK IN NEWPORT, RI. INCLUDED IN THESE PERFORMANCES WERE TWO ALL-STATE HIGH SCHOOL JAZZ BANDS (FROM RI AND MA) AND COLLEGE ENSEMBLES FROM THE UNIVERSITY OF RHODE ISLAND AND BERKLEE COLLEGE OF MUSIC. 83165 0 0 NEWPORT FESTIVALS HOSTED ITS FOURTH FAMILY CONCERT ON WEDNESDAY, JULY 27, 2016. THIS WAS A FREE CONCERT TO THE PUBLIC AND HELD AT THE QUAD STAGE AT FORT ADAMS STATE PARK IN NEWPORT, RI. THIS EVENT INCLUDED PERFORMANCES BY A JAZZ ENSEMBLE AND A FOLK GROUP TO HIGHLIGHT THE MUSIC PRESENTED BY THE TWO NEWPORT FESTIVALS. THE TARGET AUDIENCE WAS FOR CHILDREN 10 AND UNDER, ALTHOUGH EVERYONE WAS WELCOME. ADDITIONAL ACTIVITIES INCLUDED A FACE PAINTING TEAM AND A MIME WHO MADE BALLOON CREATIONS. 5294343 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 113 0 300 1 0 0 0 0 0 1 1 0 0 0 0 X 22 18 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 NY MA X X GEORGE WEIN 2124523036 150 EAST 69TH STREET APT 27K NEW YORK NY 10021 GEORGE WEIN CHAIRMAN 40.00 X X 26000 0 0 ELLIOT HOFFMAN BOARD MEMBER 1.00 X 0 0 0 BRUCE TRAUNER VICE PRESIDENT 1.00 X X 0 0 0 DEBORAH ROSS SECRETARY / EDUCATION DIRE 40.00 X X 90000 0 0 JILL DAVIDSON FESTIVAL DIRECTOR 40.00 X X 112500 0 0 MELANIE MOR MARKETING/SPONSORSHIP DIRE 40.00 X X 87500 0 0 JAMES BILDNER BOARD MEMBER 1.00 X 0 0 0 PATRICIA BLANCHET BOARD MEMBER 1.00 X 0 0 0 JEROME A CHAZEN BOARD MEMBER 1.00 X 0 0 0 RICHARD M CASHIN BOARD MEMBER 1.00 X 0 0 0 LEYLA ERTEGUN BOARD MEMBER 1.00 X 0 0 0 BRUCE S GORDON BOARD MEMBER/CO-CHAIRMAN 1.00 X 0 0 0 VIKAS KAPOOR BOARD MEMBER 1.00 X 0 0 0 JONATHAN NELSON BOARD MEMBER 1.00 X 0 0 0 NICHOLAS L PELL TREASURER 1.00 X X 0 0 0 WILLIAM VAREIKA BOARD MEMBER 1.00 X X 0 0 0 WARD MOONEY BOARD MEMBER 1.00 X 0 0 0 C RONALD MACKENSIE BOARD MEMBER 1.00 X 0 0 0 MICHAEL DORF BOARD MEMBER 1.00 X 0 0 0 JOHN HAILER BOARD MEMBER 1.00 X 0 0 0 TIM ALBINSON BOARD MEMBER 1.00 X 0 0 0 THOMAS BUSARD BOARD MEMBER 1.00 X 0 0 0 ROGER KASS BOARD MEMBER 1.00 X 0 0 0 JIM LANZONE BOARD MEMBER 1.00 X 0 0 0 ALBERT JAY SWEET EXECUTIVE PRODUCER 40.00 X 225000 0 0 541000 0 0 2 0 1 0 0 896520 616849 117440 1513369 FOLK FESTIVAL 711190 3488802 3488802 JAZZ FESTIVAL 711190 2295311 2295311 5784113 137157 137157 1322055 1471157 -149102 -149102 -149102 27304 896520 189943 -162639 -162639 7122898 5784113 0 -174584 X 15000 15000 30000 30000 695369 575485 119884 639553 622951 16602 77746 37158 40588 111477 100507 10970 22000 22000 72577 72577 230320 230320 5190 5190 76965 76595 370 125351 109243 16108 1725 1725 104051 95789 8262 ARTIST FEES 1801424 1801424 PRODUCTION COSTS 1159495 1151389 8106 FOOD BEVERAGE AND MERCH 331630 331630 CONTRACT SERVICES 203846 186077 17769 267595 161095 106500 5971314 5294343 651096 25875 2872900 1991193 68581 136411 97172 49336 33626 29242 6109 4384 3327540 5353781 2065 2565 6374367 7537670 184783 138585 472750 0 657533 138585 X 5716834 7399085 5716834 7399085 6374367 7537670 1151584 530667 0 X 0 1 X 1 0 X 4355706 5473411 7175477 6440657 7409157 30854408 4355706 5473411 7175477 6440657 7409157 30854408 30854408 16944 80164 137157 234265 31088673 8673 0.99250 0.99640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 33626 29242 4384 4384 7653565 530667 530667 7122898 0 7122898 5971314 0 5971314 0 5971314 GALA 274000 261200 12800 111017 8518 90TH BIRTHDAY 649824 635320 14504 68208 2200 923824 896520 27304 179225 10718 189943 -162639 1 BOYS AND GIRLS CLUBS 95 CHURCH STREET NEWPORT RI 02840 050281572 501(C)(3) 15000 TO SUPPORT MUSICAL PROGRAMS 1 0 SCHOLARSHIPS FOR STUDENTS TO ATTEND THE BERKLEE COLLEGE OF MUSIC 15 PART I, LINE 2: NEWPORT ONLY GRANTS MONEY TO IRC 501(C)(3) ORGANIZATIONS. NEWPORT ALSO INTERVIEWS THE PERSONS IN CHARGE OF THE RESPECTIVE ORGANIZATIONS. 0 0 0 0 0 0 0 0 0 ALBERT JAY SWEET EXECUTIVE PRODUCER 225000 0 0 0 0 0 0 0 0 0 225000 0 0 0 X 5 75410 NYSE X 220 34530 RETAIL VALUE X ADVERTISING 1 7500 MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 ELLIOT HOFFMAN AND BRUCE TRAUNER ARE BOTH PARTNERS IN BELDOCK LEVINE & HOFFMAN LLP. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS REVIEWS THE INCOME AND EXPENSES AND BALANCE SHEET ITEMS AND COMPARES THEM TO THE YEARLY BUDGET. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY THROUGH THE PROCEDURES OUTLINED IN ITS WRITTEN CONFLICT OF INTEREST POLICY, INCLUDING ANNUAL STATEMENTS BY DIRECTORS AND OFFICERS, PERIODIC REVIEWS, AND THE ABILITY TO USE OUTSIDE EXPERTS IF NEEDED. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS PAID TO THE ORGANIZATION'S CEO, EXECUTIVE DIRECTOR, OR KEY EMPLOYEES AFTER APPROVAL OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST DURING REGULAR BUSINESS HOURS AT THE LOCATION SPECIFIED IN PART VI, SECTION C, LINE 20. FORM 990, PART IX, LINE 24E MISCELLANEOUS: PROGRAM SERVICE EXPENSES 46,518. MANAGEMENT AND GENERAL EXPENSES 62,276. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 108,794. PUBLIC RELATIONS: PROGRAM SERVICE EXPENSES 66,711. MANAGEMENT AND GENERAL EXPENSES 32,375. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 99,086. DONATED GOODS REPORTED ON SCHEDULE M: PROGRAM SERVICE EXPENSES 42,029. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 42,029. PAYROLL SERVICE EXPENSE: PROGRAM SERVICE EXPENSES 5,837. MANAGEMENT AND GENERAL EXPENSES 2,500. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,337. TELEPHONE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 5,975. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,975. POSTAGE AND MAILING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,474. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,474. CONTRIBUTION EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 900. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 900.