2016-11-10T19:39:28-06:00 2015-12-31 271728945 PKF O'CONNOR DAVIES LLP 32 FOSTERTOWN RD NEWBURGH NY 12550 990 2015-01-01 135643627 Caramoor Center for Music & the Arts Inc CARA 9142328425 PO Box 816 Katonah NY 10536 Jeffrey P Haydon Chief Executive Officer 9142328425 2016-11-10 1 Garrett M Higgins P00543209 8455655400 2016-11-08 2015 2017-02-10 21:41:12Z Jeffrey P Haydon PO Box 816 Katonah NY 10536 14787411 0 X www.caramoor.org X 1945 NY Since 1946, Caramoor has presented innovative and diverse live music performances to audience members from throughout the New York and Connecticut region. It also supports the development of the next generation of professional classical musicians and arts participants by mentoring young artists and engaging children through interactive, educational experiences. With its dedicated staff, talented teaching artists, and 90-acre campus of gardens and historic architecture, Caramoor is uniquely placed to deliver these cultural enrichment opportunities to concert-goers, young musicians, and schoolchildren. In 2015, 31,312 people visited our campus to participate in our mission-based programs. In addition, approximately 10,000 people utilized our campus through facility rentals, special events, and administrative functions. 30 30 127 255 1777 -443 7553215 7715588 1095633 1127215 683119 591749 -286416 -254780 9045551 9179772 0 0 0 0 2432938 2536503 0 0 1102056 4414570 4253967 6847508 6790470 2198043 2389302 19445451 21145999 146552 179812 19298899 20966187 X Caramoor Center for Music and the Arts - a unique Westchester County setting of Italianate architecture and gardens-enriches the lives of its audiences through innovative and diverse musical performances of the highest quality, mentors young professional musicians, and engages young children through interactive, educational experiences that deepen their relationship to and understanding of music. 0 0 3334903 936010 Musical Performances - See Schedule OIn 2015, Caramoor presented a total of 57 stand-alone musical performances and day-long, multi-set festivals to audience members in venues throughout our campus, including the 1,700-seat Venetian Theater, the 500-seat Spanish Courtyard, the 220-seat Music Room of the historic Rosen House, the Sunken Garden, Tapestry Hedge, Picnic Lawn, and Friends' Field. While maintaining our commitment to the core classical repertoire, including symphonic, opera, and chamber music, we also presented a wide array of other genres, including jazz, American Songbook, and American roots music, as well as programs designed for families with young children.The 70th annual Summer Music Festival, which ran from June 20 to August 2 and included 29 concerts and multi-set festivals, was the highlight of our musical offerings. It opened with Beethoven's iconic Ninth Symphony and a co-commissioned world premiere from Christopher Theofanidis. The concert, which was broadcast live on WQXR, included soprano Jennifer Check; the Orchestra of St. Luke's, in residence since 1979; The Collegiate Chorale; and conductor Peter Oundjian.Additional symphonic performances included violinist Jennifer Koh and the Orchestra of St. Luke's with conductor Nicholas McGegan and our Festival Finale with pianist and 2015 Artist-in-Residence Helene Grimaud, the Orchestra of St. Luke's, and conductor Pablo Heras-Casado. Chamber music took center stage with performances by Edward Arron & Friends; PROJECT Trio; the Calidore, Jasper, Ariel, and Dover quartets, all participants of our Ernst Stiefel String Quartet-in-Residence program; Alexi Kenney and Renana Gutman; the Eroica Trio; Gabriel Kahane and Rob Moose; and guitarists Ana Vidovic and Lukasz Kuropaczewski.Our Bel Canto at Caramoor season included two chamber performances and two concert operas as well as short, pre-opera recitals. The season opened with a chamber recital by members of the 2015 Bel Canto Young Artists program. On July 11 we presented Donizetti's second Paris opera, La Favorite in its original French language version. On July 16 the Bel Canto Young Artists returned to our Spanish Courtyard stage to present vocal chamber works by Alessandro and Domenico Scarlatti. On July 25th, as a departure from our typical 19th Century Bel Canto repertoire, we presented a staged and costumed version of Francis Poulenc's mid-20th century opera Dialogues of the Carmelites.In 2015 Caramoor and Jazz at Lincoln Center embarked on a new collaboration with Jazz at Lincoln Center to combine the best of New York City jazz with the great jazz legacy of Westchester's premiere outdoor venue. On July 18 a lineup of jazz legends and rising stars curated by Jazz at Lincoln Center performed at five locations on Caramoor's campus. Participating artists included headliners Wynton Marsalis with the Jazz at Lincoln Center Orchestra as well as Cecile McLorin Salvant; the Orrin Evans Quartet; the Joey Alexander Trio; Sammy Miller and the Congregation; Bryan Carter Quintet Plays Ray Charles; the Jerome Jennings Quintet; the Jazz at Lincoln Center Youth Orchestra featuring Joey Alexander; The Amigos; Alphonso Horne; Ben Flocks; Jon Lampley; and David Linard. On July 24 pianist Jon Batiste performed on Caramoor's Spanish Courtyard stage.The fifth annual American Roots Music Festival was an all-day presentation of bluegrass, folk, and country music. Singer-songwriter Lucinda Williams headlined a line-up that included Parker Millsap, Larry Campbell & Teresa Williams, Jessy Carolina and The Hot Mess, Kristin Andreassen Band, Mason Porter, Spuyten Duyvil, Walkabout Clearwater Chorus, Matt Turk, and Cole Quest and the City Pickers. The day also included activities for children and the Social Music Hour Workshop. In addition, on July 10 Sara Watkins, Aoife O'Donovan, and Sarah Jarosz came to Caramoor for the only NYC-area summer appearance of the "I'm With Her Tour."The Dancing at Dusk series is the cornerstone of our family music programming. In 2015 the series included four events: Israeli folk dancing with Danny Pollock and Tavche Gravche, Italian folk dancing with Alessandra Belloni and I Giullari di Piazza, Turkish music and belly dancing with Kaeshi Chai, and Greek dancing with the band Ethos with Kostas Psarros. The goal of this series is to introduce children, from toddlers to pre-teens, to a wide range of music genres in a welcoming and accessible manner. We also presented our family-friendly July 4th celebration, Pops, Patriots, and Fireworks, featuring baritone Ryan Silverman, the Westchester Symphonic Winds, and host Robert Sherman.In 2014 we premiered In the Garden of Sonic Delights, a regional exhibit of 15 commissioned, site-specific sound art installations. Sonic Delights built on Caramoor's many assets and rich tradition of experimentation to provide an entirely new way for visitors to experience our campus and other sites in Westchester County. Given the artistic merit of this successful project, we again presented In the Garden of Sonic Delights to audiences in 2015. With continued artistic leadership from Stephan Moore, the 2015 exhibit was focused on Caramoor's campus in Katonah, NY (with the exception of one work at Stone Barns Center for Food and Agriculture) and consisted of nine of the sound installations commissioned in 2014 for the original exhibit.On September 27 we presented our 2015 Fall Festival with two performances by the innovative chamber orchestra The Knights and acclaimed cellist Yo-Yo Ma. The day began with a family concert at 1pm featuring interactive games, a discussion, and performances of works by Dvorak, Mendelssohn, and The Knights' Colin Jacobsen. In the wide-ranging feature concert at 4pm, The Knights again teamed up with Yo-Yo Ma.Caramoor presents chamber music-both classical and American Roots-as well as talks and lectures in the spring and fall in the intimate 220-seat Music Room of its historic Rosen House. Performances in spring 2015 included the Edward Arron & Friends chamber ensemble, the Horszowski Trio, and artists from two of Caramoor's young artist mentoring programs: the 2015 Schwab Vocal Rising Stars and the Calidore String Quartet, the 2014-2015 Ernst Stiefel String Quartet-in-Residence. In addition, our Roots Music @ Music Room series continued to grow with a performance by Don Flemons, Kristin Andreassen, and Jefferson Homer on March 7 and a performance by Willie Watson and Cricket Tell the Weather on April 11.In addition to presenting chamber music, we also presented a series of lectures and talks in the Music Room during spring 2015. We commenced on April 14 with a chamber talk with Max Mandel, an alumnus of our Evnin Rising Stars mentoring program. In "Age is Just a Number" Mr. Mandel, with the Horszowski Trio, explored the concept of age in classical music, from composers dying young to our fascination with performers in their youth. On May 5 Dr. Richard Kogan, a Juilliard-trained concert pianist and Harvard-educated psychiatrist, presented a lecture/concert entitled "The Mind and Music of Chopin." Mr. Mandel returned to Caramoor on June 2 to present a second chamber talk, "Giant Moods: A Summer of Beethoven."In an effort to present excellent and diverse music to a wider audience, Caramoor formed collaborations with two organizations: Waveny and the Katonah Museum of Art. Caramoor@KMA is a collaboration between two of the region's most vital cultural resources, with Caramoor curating a series of performances by young and mid-career artists at KMA's outdoor Sculpture Garden. 2015 activities included performances by Spuyten Duyvil, The Swingaroos, and members of The Harlem Chamber Players. Caramoor also hosted a chamber music concert at the Carriage Barn at Waveny Park in New Canaan, CT, formerly home of the Waveny Chamber Music Society. On March 29 we presented the Calidore String Quartet, our 2014-2015 Ernst Stiefel String Quartet-in-Residence. 888293 77976 Rosen House, Gardens and Estate - See Schedule OThe Rosen House is a Mediterranean Revival villa at the center of the Caramoor campus. In recognition of the unsurpassed quality and great quantity of European period rooms incorporated into the fabric of the house, Caramoor was recognized as nationally significant on the National Register of Historic Places in 2011, a distinction that it shares with sites such as Vizcaya in Miami, FL and Hearst Castle in San Simeon, CA. Built in the 1930s, it is an incomparable concert venue, a unique classroom for visiting schoolchildren, and a haven for the creative growth of young musicians. In 2015, 1,955 people also visited the historic house for teas, musicales, and tours.Gardens and Estate: The 90-acre Caramoor campus, which was listed on the National Register of Historic Places at the state-wide level of significance in 2001 and at the national level of significance in 2011, is comprised of four primary buildings-today known as the Rosen House, the Administration Building, the Gifford Residence, and the Diane Moss Education Center-as well as ancillary buildings and landscape features, gardens, lawns, and woodland areas. A central focus of the campus is the Venetian Theater, a tented, 1,700-seat venue.45 acres of the campus is deer-fenced and open to the visiting public, including the Sunken Garden, established in 1912; a Mediterranean Revival pavilion; an alley of cedar trees; and a number of gardens designed in the 1930s by landscape architect and Katonah resident Robert Ludlow Fowler, Jr. The Caramoor estate provides an incomparable setting for our cultural programs by serving as a stage for music performances and contextualizing the concerts that occur here; providing a learning laboratory for arts-in-education and emerging artist programs; and providing an idyllic haven for more than 40,000 visitors annually. 830833 122753 Mentoring - See Schedule OThe development of emerging artists is central to Caramoor's mission and woven into much of our programming. Through our five mentoring programs, we identify, train, and promote the next generation of vocal and instrumental artists. In 2015, over 56 young musicians participated. Through these programs, we have worked with some of the finest musicians of the next generation and helped them cross the threshold from their student years into the early stages of their professional careers. For many of these artists, this is the beginning of a longstanding relationship with Caramoor, as they return throughout their careers to perform for our audiences.Evnin Rising StarsFor over two decades there has been an institutional focus on training instrumental artists. Pianist, conductor, and composer Andre Previn established the mentoring program now known as the Evnin Rising Stars at Caramoor in 1992; as his tenure at Caramoor concluded, conductor Peter Oundjian took on artistic leadership of the program. Since 2008 violinist Pamela Frank has acted as Artistic Director for the Evnin Rising Stars. Each fall, eight to ten instrumentalists come together with three distinguished artists-past musicians have included Atar Arad, Kim Kashkashian, Ani Kavafian, Marcy Rosen, Ronald Thomas, and Donald Weilerstein, among others-for a week of intensive chamber music rehearsals, coaching, and performances of works from the heart of the chamber music repertoire. At the end of the residency the musicians perform for audiences in the intimate Music Room of the historic Rosen House on Caramoor's campus, giving them valuable exposure and performance experience. The Evnin Rising Stars program has identified and brought over a hundred promising musicians to Caramoor. As the years have passed, alumni of the program have established themselves as artists in the world of classical music performance.In 2015, eight young Rising Stars partnered with violinist Pamela Frank, violist Kim Kashkashian, and cellist Peter Wiley in a week-long residency program of coaching and rehearsals. The program culminated in two performances at Caramoor.Edward Arron & FriendsIn 1999 the program now known as Edward Arron & Friends grew out of the great success of Caramoor's Evnin Rising Stars young artist mentoring program. Over 100 instrumentalists on the cusp of their professional careers have participated in the Evnin Rising Stars in the last two decades; Edward Arron & Friends serves as a bridge between that opportunity and Caramoor's general music presenting programs. It has thus far enabled 58 young artists to return to Caramoor for a residency week during the Summer Music Festival as well as additional performance opportunities throughout the year. The program is led by cellist Edward Arron, who began his affiliation with Caramoor as a Rising Star, and is now the artistic director of Edward Arron & Friends. Its focus is to foster the intimacy and immediacy of chamber music, cultivate collaborative music-making, and engage audiences in the excitement of musical performance.In 2015, seven young artists participated in the residency program and performed twice during the year.Bel Canto Young ArtistsIn 1998 Will Crutchfield established the Bel Canto Young Artists program. Each year 35 young opera singers are selected to receive rigorous training in bel canto singing and to fill solo performance slots that arise during the Summer Music Festival. Six weeks in length, the program includes daily group classes by Caramoor staff and guests. Members of the program also understudy the principal roles of each summer's operas, participating in full-scale rehearsals that provide them with the invaluable opportunity to test their skills in a complete part. They also gain performance experience and exposure with audiences in pre-opera recital concerts.In 2015, 35 young opera singers took part in this program. Activities included a six-week residency, two stand-alone chamber recitals, pre-opera recitals, and two main-stage concert operas.Ernst Stiefel String Quartet-in-ResidenceIn 1999, with generous underwriting support from The Ernst C. Stiefel Foundation, Caramoor established a residency program for young chamber ensembles. In performing at Caramoor throughout the year, the quartet gains recognition and performance experience. In turn, the quartet hones their mentoring skills with didactic performances and workshops for approximately 1,000 area schoolchildren who attend as part of the Student Strings arts-in-education program. The quartet also partners with a young composer on a new commission which is premiered during Caramoor's Summer Music Festival.In 2015, five current and past participants in the Stiefel residency performed at Caramoor: the Ariel Quartet (2008-2009), the Jasper String Quartet (2009-2011), the Dover Quartet (2013-2014), the Calidore String Quartet (2014-2015), and the Aizuri Quartet (2015-2016). The Calidore String Quartet completed its residency with performances in the spring and summer. The Aizuri Quartet began its residency in the fall with a concert. In addition, the current resident quartets led arts outreach at local schools, engaging thousands of students.Schwab Vocal Rising StarsThe Schwab Vocal Rising Stars, established in 2009 and under the artistic leadership of the New York Festival of Song's Steven Blier and Michael Barrett, is a program for young vocal artists. The initiative focuses on singing outside the realm of opera, including the song recital and vocal chamber music. The week-long residency offers intensive daily coaching, rehearsals, and workshops with mentors and leaders in the field and concludes with performances at Caramoor and at Merkin Concert Hall in New York City.In 2015, five young singers participated in the week-long Vocal Rising Stars program under the guidance of Michael Barrett and Steven Blier. The program culminated in two performances; the first at Caramoor and the second at Merkin Concert Hall in New York City.Arts-in-EducationSince 1974, Caramoor has provided students with arts enrichment opportunities that utilize our exceptional facilities, visiting artists, and dedicated staff, while meeting NYS education standards. We place an emphasis on reaching out to schools from under-resourced communities, in particular schools in Yonkers such as the Casimir Pulaski School, the Kahlil Gibran Elementary School, and Scholastic Academy. In 2015 we welcomed 6,500 students to our campus, with nearly half of those students participating through our Underserved Youth Arts Initiative.During the year we also expanded the geographic reach of our Underserved Youth Arts Initiative, which provides scheduling priority, fee reductions, fee waivers, and bus transportation support to classes from underserved school districts. In an effort spearheaded by Education Coordinator Scott Ellison, we formed new partnerships with Foxfire School and PEARLS Hawthorne School in Yonkers and Hamilton Elementary in Mount Vernon. This has resulted in 410 children from these schools participating in our classes over 6 program days. Our goal is to sustain these new relationships, with classes from these schools returning to Caramoor on an annual basis.In the spring of 2015 we rolled out The Renaissance and The Middle Ages at Caramoor, a program adapted from our earlier A Day in the Renaissance. The program now focuses on the music, art, architecture, and falconry from both periods. Students are engaged in comparing and contrasting the two periods while learning about the music and culture of each. The change in programming has also allowed us to highlight a wider variety of furniture, decorative objects, and artwork from the historic Rosen House on our campus. In this first, pilot year of the program we focused on feedback from teachers and students and we will be making adjustments accordingly. We are also developing a version of the program which we can provide to smaller groups of students during the winter months. 5054029 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 1 1 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 200 0 127 1 1 1 0 0 0 0 1 1 0 0 0 0 X 30 30 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY CT X X X Tammy Belanger CFO 9142328425 Caramoor Center 149 Girdle Ridge Rd Katonah NY 10536 Angela Haines Secretary 2.00 X X 0 0 0 James A Attwood Jr Chairman 8.00 X X 0 0 0 Paul S Bird Treasurer 2.00 X X 0 0 0 Peter Kend Vice Chairman 4.00 X X 0 0 0 Barry J Alperin Trustee 3.00 X 0 0 0 Cecilia Tay Kellie-Smith Trustee 1.00 X 0 0 0 David C Oxman Trustee thru October 3, 2015 2.00 X 0 0 0 E Robert Goodkind Trustee 1.00 X 0 0 0 Elaine Schroeder Trustee 1.00 X 0 0 0 Floy B Kaminski Trustee 1.00 X 0 0 0 Gail A Binderman Trustee 1.00 X 0 0 0 James Amine Trustee 1.00 X 0 0 0 Jane Phillips Donaldson Trustee 2.00 X 0 0 0 Jon Bauer Trustee 1.00 X 0 0 0 Jonathan M Clark Trustee 3.00 X 0 0 0 Judy Evnin Chairman Emerita 4.00 X 0 0 0 Lawrence Elow Trustee 1.00 X 0 0 0 Mary Ann Hawley Trustee 1.00 X 0 0 0 Michael E Gellert Trustee 1.00 X 0 0 0 Mrs Andrew Saul Trustee 1.00 X 0 0 0 Nancy Offit Trustee 2.00 X 0 0 0 Nina Stanton Trustee 1.00 X 0 0 0 Patricia Falkenberg Trustee 1.00 X 0 0 0 Paul Sekhri Trustee 1.00 X 0 0 0 Peter Nager Trustee 2.00 X 0 0 0 Richard H O'Leary Trustee 2.00 X 0 0 0 Richard Zinman Trustee 1.00 X 0 0 0 Sandra S Joys Trustee 6.00 X 0 0 0 Stephen J Jones Trustee 1.00 X 0 0 0 Susan W Freund Trustee 2.00 X 0 0 0 William Cordiano Trustee 6.00 X 0 0 0 Jeffrey P Haydon CEO/Executive Director 65.00 X 225164 0 26404 Nina Curley VP, Chief Development Officer 60.00 X 179286 0 25135 Paul H Rosenblum Managing Director 55.00 X 174894 0 20663 Tammy Belanger VP, CFO 45.00 X 128144 0 19240 Tahra Millan VP, Chief Marketing Officer 55.00 X 110205 0 16556 817693 0 107998 5 0 1 0 Orchestra of St Lukes 330 West 42nd Street New York NY 10036 Resident orchestra 575133 Kaeyer Garment & Davidson Architects P 285 Main Street Mt Kisco NY 10549 Master Plan Architects 228572 NetConnect Inc 101 Tyrellan Avenue Staten Island NY 10309 Information Techonolgy 197352 Great Performances 304 Hudson Street New York NY 10013 Catering 169325 Lawrence Weiner Associates 225 Mt Hope Blvd HastingsonHudson NY 10706 Advertising media 166975 7 1267694 15000 6432894 176083 7715588 Ticket Sales 711190 1127215 1127215 1127215 161644 -362 162006 12500 12500 144586 136501 8085 8085 8085 5483532 5053427 430105 430105 2139 427966 124360 1267694 409249 -284889 -284889 17986 8462 9524 9524 9179772 1136739 1777 325668 664702 261892 116754 286056 1525482 946633 231421 347428 39666 27979 7991 3696 144652 92726 29059 22867 162001 98688 22615 40698 25654 25579 75 38500 38500 19605 19605 7150 7150 321804 291063 2552 28189 165043 98885 18434 47724 196630 131744 24353 40533 157832 135093 7505 15234 127094 121482 3215 2397 9918 6093 2113 1712 288152 198825 23052 66275 138682 116310 16524 5848 Fees: Artist/tech, etc. 1984643 1915052 13828 55763 Equip Rntl Rpr & Maint 291940 237228 33124 21588 Food and Beverages 143964 70094 10311 63559 Brochures & Programs 128545 97597 2188 28760 208811 181066 4016 23729 6790470 5054029 634385 1102056 379743 374277 994946 1821529 764877 968450 600 6485 9691 24758 30719 10041203 6527353 3071243 3513850 104077 13417352 13746113 681370 681370 19445451 21145999 95663 115316 50889 64496 146552 179812 X 4554557 4459211 4196939 4095072 10547403 12411904 19298899 20966187 19445451 21145999 2389302 -722014 0 X X 0 1 X 1 0 X 3473840 4303556 10207096 7553215 7715588 33253295 3473840 4303556 10207096 7553215 7715588 33253295 11513915 21739380 190437 221168 347573 668712 319092 1746982 35000277 5440268 0.62110 0.60970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 681370 X 0 13439262 1332616 -153811 651310 13966757 12705985 915156 183437 365316 13439262 7827755 4596306 901912 619988 12705985 7269755 762159 844185 1048344 7827755 8031496 337870 -50603 1049008 7269755 0.02880 0.84480 0.12640 0 0 58531 58531 4833926 3148814 1685112 3224941 2344106 880835 1923805 1034433 889372 3513850 Alternative Investments 3204336 F U.S. Government Securities 1414165 F Equities - TIFF Multi-asset 9127612 F 13746113 X 9019754 -722014 26189 555412 -140413 9160167 19605 19605 9179772 7352466 26189 555412 581601 6770865 19605 19605 6790470 Part III, Line 4: The historic Rosen House, with its period rooms and collections, was open to the public for tours in 2015. In addition, the archival materials are a great source of humanities research in a number of fields. One example is the documentation relating to the Rosens' patronage of Leon Theremin and championing of his early electronic music instrument. This material has been a source of study for theremin researchers, including Robert Moog, who began building theremins in the 1950s as a high school student and later went on to design the Moog synthesizer and Albert Glinsky, Theremin's biographer and the author of Theremin: Ether Music and Espionage. The Rosen House collection demonstrates a tremendous breadth of art objects, furniture, and archival material. The art and furniture encompass over 1,000 cataloged objects, including European furniture from the 16th-19th centuries; European medieval and Renaissance paintings, sculpture, textiles, and decorative objects; and Asian statuary. There are also approximately 100 light fixtures and decorative elements by Edward F. Caldwell and Company dating from the 1930s. Other categories include photographs, textiles, early 20th-century costumes, and musical instruments. In addition, there is a wealth of ephemeral material relating to the Rosens, the development of the Caramoor campus, and the establishment of the Summer Music Festival. Objects from the collection displayed in the Music Room of the Rosen House-including a wooden 16th-century Italian ceiling, French and Swiss 16th-century stained glass, Renaissance tapestries, and 17th-century furniture-create an incomparable setting for chamber music performances. The collection also provides primary material for Caramoor's arts-in-education programs. In programs such as The Renaissance and The Middle Ages at Caramoor, Chinese Arts & Culture, and What's in a House? students participate in guided tours and are encouraged to use the collection as inspiration for their own writing, drawing, and music-making. Part V, Line 4: Caramoor maintains various donor-restricted endowment funds and board designated quasi-endowment funds whose purpose is to provide long term support for its charitable programs. Part X, Line 2: Caramoor recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management has determined that Caramoor had no uncertain tax positions that would require financial statement recognition or disclosure. Caramoor is no longer subject to examinations by the applicable taxing jurisdictions for periods prior to December 31, 2012. Part XI, Line 2d - Other Adjustments: Cost of goods sold reported on Part VIII, Line 10B - $8,462 Rental expenses reported on Part VIII, Line 6B - $136,501 Special event expense reported on Part VIII, Line 8b - $409,089 Reclass reimbursed expense to Part IX - $1,200 Part XII, Line 2d - Other Adjustments: Cost of goods sold reported on Part VIII, Line 10B - $8,462 Rental expenses reported on Part VIII, Line 6B - $136,501 Special event expense reported on Part VIII, Line 8b - $409,089 Reclass reimbursed expense to Part IX - $1,200 Central America and the Caribbean Investments 2486374 0 0 0 0 0 0 2486374 0 2486374 0 0 1 0 0 0 June Gala 1106831 1004281 102550 74553 111251 48995 29538 Wine Benefit 204123 193323 10800 12781 19028 3990 57115 2 81100 70090 11010 11361 4845 6925 28867 1392054 1267694 124360 98695 135124 59910 115520 409249 -284889 X X X X 0 0 0 0 0 0 0 0 0 Jeffrey P Haydon CEO/Executive Director 225164 0 0 0 0 0 11169 0 15235 0 251568 0 0 0 Nina Curley VP, Chief Development Officer 179286 0 0 0 0 0 8905 0 16230 0 204421 0 0 0 Paul H Rosenblum Managing Director 174894 0 0 0 0 0 8980 0 11683 0 195557 0 0 0 X 1636 FMV@Date of Donation X 5 122610 FMV@Date of Donation X 9 50737 FMV@Date of Donation X Flowers 1 1100 FMV@Date of Donation 0 0 1 0 Part I, Column (b): Column (B) reports the number of contributors. Form 990, Schedule O Narratives: The information contained in the return is relevant through December 31, 2015 and does not reflect any activity in 2016. Form 990, Part VI, Section A, line 4 The organization amended its bylaws to reflect the following changes: - Amended to add provisions for electronic transmission of consent to corporate action. - Meetings added not less than" before one-fifth of the Board of Trustees per NPCL Sec. 710(c). - Notice of Meeting Amended to allow for electronic transmission of waivers of notice. - Committees Amended to eliminate the provisions for creation of special committees- no longer recognized by NPCL Sec. 712. Note that committees other than standing committees do not have authority to bind Caramoor. - Also added provision that no person who may benefit from executive compensation may be present or participate in any committee deliberation or vote concerning that person's compensation. - Added that no employee of Caramoor may serve as Chair of the Board on or after January 1, 2016. NPCL Sec. 713(f) - Added an Article addressing "Related Party Transactions" (NPCL Sec. 715) - Added a subsection under the Miscellaneous Article regarding real estate transactions. (NPCL Sec. 509) Form 990, Part VI, Section B, line 11 The prepared Form 990 is reviewed by senior management, the members of the Audit Committee, and then provided to the Board of Trustees prior to filing. Management, the Audit Committee members, and the independent auditors review and discuss the return. If necessary, the independent auditors submit an updated Form 990 to the CFO. The CFO confirms that the updates are accurate and posts the final draft to Drop Box. The URL address for the Drop Box file is circulated to the Board. Comments from the Board are collected and reviewed by the Audit Committee. Final edits, if any, are made and the Form 990 is filed. Form 990, Part VI, Section B, line 12c Caramoor followed its conflict of interest policy. A conflict of interest disclosure statement shall be furnished annually by each trustee and each covered employee disclosing any anticipated or possible conflict situations. Covered employees shall be senior employees and other employees who have a decision making role in hiring or contracting. Each new trustee shall be advised of the policy and furnished a disclosure statement upon undertaking the duties of such office. When any conflict of interest may be involved in a transaction requiring action by the Board of Trustees or committee of the Board, the interested person shall call it to the attention of the Board of Trustees or such committee and the trustee concerned shall not vote on the matter. Moreover, the person having a conflict shall retire from the room in which the Board or committee is meeting and may not participate in the final deliberation or decisions regarding the matter under consideration. However, that person may provide the Board or committee with any and all relevant information before retiring. The minutes of the meeting of the Board or committee shall reflect that the conflict of interest was disclosed and that the interested person was not present during the final discussion or vote and did not vote. When there is a doubt as to whether a conflict of interest exists, the matter shall be resolved by the Board of Trustees excluding the person whose situation will be discussed. When any conflict of interest may be involved in a matter involving an employee, such employee shall notify the Board of Trustees and the Chief Executive Officer of Caramoor. Notwithstanding the foregoing, the Board of Trustees may waive any disclosed conflict if it determines such waiver to be in the best interests of Caramoor. Form 990, Part VI, Section B, line 15 Caramoor has a formal Compensation Committee which reviews annually salaries, bonuses, and benefits for all Caramoor employees. The Committee pays special attention to the positions of CEO, Managing Director, CDO, CFO, and CMO. Annual reviews include self-assessment by the employee, the employee's supervisor, and recommendations from the CEO. The CEO also receives a review from the Compensation Committee. Trustees that sit on the Compensation Committee have all signed "conflict of interest" declarations, and do so annually. The Committee reviews salaries and compensation for similar sized arts organizations in the New York area, and nationally, and uses this information in their decision making. Minutes of the Committee's deliberations and decisions are forwarded to the CFO to be carried out and filed. The last meeting of the Compensation Committee took place on October 1, 2016. Form 990, Part VI, Section C, line 18 Caramoor makes its Form 990 and Form 1023 available for public inspection as required under Section 6104 of the Internal Revenue Code. The Form 990 is also posted on guidestar.org and other similar types of websites, as well as the Caramoor's website. Form 990, Part VI, Section C, line 19 Caramoor's governing documents are made available to the public upon request and are available for inspection at the finance office. Caramoor's conflict of interest policy is made available to the public upon request and is available for inspection at the finance office. Caramoor's financial statements are made available to the public upon request and are available for inspection at the finance office and on the Caramoor website. Form 990, Part XI, Line 2C: Caramoor has a committe that assumes responsibility for the oversight of the audit of its financial statements and selection of an independent accountant. This process did not change from the prior year. Form 990, Part I, Line 6: Through their generous commitment of time, enthusiasm, and expertise, Caramoor benefits from the contributions of volunteers throughout the year. In 2015, over 200 people volunteered part-time at Caramoor in a variety of capacities. This number was determined by the scope of Caramoor's presenting activities and educational programs, in addition to the availability of the volunteers themselves. The majority of volunteers act as ushers at Caramoor's year-round music presentations. They are the often the public face of Caramoor, acting as greeters, helping audience members to their seats, and ensuring the visiting public's safety and comfort. * 25-60 ushers work at each concert in the Venetian Theater * 16-30 ushers work at each concert in the Spanish Courtyard * 10 ushers work at each concert in the Music Room * 10 ushers work at each Dancing at Dusk concert on Friends' Field * 20 ushers work at each concert in the Sunken Garden Volunteers also play a major role in Caramoor's arts-in-education programs. They give tours of the collection, lead various elements of each program, and help children and teachers through the campus. They also provide guidance during public tours of the Rosen House as well as performing clerical duties and undertaking cataloging projects. Caramoor's Board of Trustees is responsible for the organization's governance, long-term strategy, and fiduciary oversight, while the senior staff is responsible for the day-to-day operation of Caramoor, including management and recommending annual budgets to the board. The board and staff work collaboratively in setting priorities for the organization's future. Caramoor's 30 board members come from diverse backgrounds and bring a wide range of professional expertise. By serving on various committees, including Finance, Building, Marketing, Development, and more, our board members act as fully engaged stewards of Caramoor's mission. Nearly 100% of the board participates personally by making major contributions to support annual operating costs as well as fundraising for Caramoor. Additionally, individual board members support the organization through the establishment of endowment funds and contributions toward capital purchases.