2016-11-03T17:58:18-05:00 2015-12-31 470900880 CALIBRE CPA GROUP PLLC 7501 WISCONSIN AVENUE SUITE 1200 WEST BETHESDA MD 20814 990 2015-01-01 521254951 GRAPHIC ARTS SHOW COMPANY INC GRAP 7032647200 1899 PRESTON WHITE DRIVE RESTON VA 20191 THAYER LONG PRESIDENT 7032647200 2016-11-03 1 SUBRINA L WOOD CPA P00365899 2023319880 2015 2017-02-10 21:41:12Z THAYER LONG 1899 PRESTON WHITE DRIVE RESTON VA 20191 6520757 0 X WWW.GASC.ORG X 1982 DE TO PROMOTE TRADE AND COMMERCE IN THE PRINTING INDUSTRY. 9 9 0 9 0 0 0 0 6862900 6520757 0 0 0 0 6862900 6520757 0 0 0 0 1360979 1383740 0 0 0 5500427 5136661 6861406 6520401 1494 356 1375079 819173 1359320 803058 15759 16115 TO PROVIDE AN EFFECTIVE FORUM THROUGH SHOWS AND CONFERENCES TO MEET THE MARKETING REQUIREMENTS OF THE GRAPHIC COMMUNICATIONS AND CONVERTING INDUSTRIES. 0 0 GRAPHIC ARTS SHOW COMPANY WAS ORGANIZED TO FOSTER TRADE AND COMMERCE IN THE PRINTING INDUSTRY AND TO CONDUCT EDUCATIONAL EXHIBITIONS OF PRINTING EQUIPMENT AND SUPPLIES. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 43 0 1 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 VA X JUDITH B DURHAM 7032647200 1899 PRESTON WHITE DRIVE RESTON VA 20191 RALPH J NAPPI PRESIDENT 20.60 1.90 X X 212286 20493 50320 MICHAEL RING CHAIRMAN 0.50 X X 0 0 0 MALKON BABOYIAN VICE CHAIRMAN 0.50 X X 0 0 0 KENNETH GARNER TREASURER 0.50 X X 0 0 0 MICHAEL MAKIN SECRETARY 0.50 X X 0 0 0 DAVID DELANA DIRECTOR 0.50 X 0 0 0 TOM DUCHENE DIRECTOR 0.50 X 0 0 0 TIM JOHNSON DIRECTOR 0.50 X 0 0 0 MICHAEL MARCIAN DIRECTOR 0.50 X 0 0 0 CHRISTOPHER PAYNE DIRECTOR 0.50 X 0 0 0 THOMAS SAGGIOMO DIRECTOR 0.50 X 0 0 0 MICHAEL WURST DIRECTOR 0.50 X 0 0 0 CHRIS PRICE VICE PRESIDENT 37.50 X X 69169 0 9192 281455 20493 59512 1 0 1 0 SMG-MCCORMICK PLACE 301 EAST CERMAK ROAD 3RD FL CHICAGO IL 60616 SHOW SERVICES - EXHIBITOR SPACE RENT 343398 FREEMAN PO BOX 650036 DALLAS TX 75265 SHOW SERVICES - SET UP, FREIGHT DRAYAGE, 267910 CMAC 1524 N 1-35 SUITE 210 CARROLLTON TX 75006 TRANSPORTATION - TRADE SHOW 147095 3 SPACE RENTAL 900099 5816279 5816279 REGISTRATION 900099 349102 349102 SPONSORSHIPS 900099 331177 331177 SEMINAR INCOME 900099 24199 24199 6520757 6520757 6520757 0 0 336774 830987 56050 85986 73943 10083 51420 6071 446644 61896 62053 341362 16821 153559 2226000 54258 18355 ON-SITE SHOW EXPENSES 753410 SPACE RENTAL 318024 SPACE PREPARATION/DRAYA 309570 EXHIBITOR REBATES 201296 105839 6520401 1137129 650878 35784 24495 137695 119207 410699 400486 64471 10213 14380 1375079 819173 228148 12133 36172 64925 1095000 726000 1359320 803058 X 15759 16115 15759 16115 1375079 819173 356 0 X X 0 1 X 1 0 1389 1389 0 409310 399097 10213 10213 DISTRIBUTIONS PAYABLE 726000 726000 X 6520757 0 6520757 0 6520757 4294401 0 4294401 2226000 2226000 6520401 PART X, LINE 2: GASC ADOPTED THE AUTHORITATIVE GUIDANCE TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES INCLUDED IN ACCOUNTINGS STANDARDS CODIFICATION (ASC) TOPIC INCOME TAXES WHICH PROVIDES CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBES A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION AND DE-RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. GASC PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED DECEMBER 31, 2015, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. AS OF DECEMBER 31, 2015, THE STATUTE OF LIMITATIONS FOR TAX YEARS 2012 THROUGH 2014 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION AND STATES IN WHICH GASC FILES A RETURN. PART XII, LINE 4B - OTHER ADJUSTMENTS: DISTRIBUTIONS TO SHAREHOLDERS 2,226,000. 1 0 0 0 RALPH J NAPPI PRESIDENT 201336 18303 0 0 10950 2190 23100 2100 23027 2093 258413 24686 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE BOARD OF DIRECTORS OF THE CORPORATION CONSISTS OF NINE (9) MEMBERS. THE BOARD OF DIRECTORS IS COMPRISED OF THE FOLLOWING THREE CLASSES OF MEMBERS: (I) CLASS A DIRECTORS ARE NOMINATED AND ELECTED BY THE HOLDERS OF THE CLASS A COMMON STOCKS, WHO SERVE FOR A TERM OF ONE YEAR; (II) CLASS B DIRECTORS ARE NOMINATED AND ELECTED BY THE HOLDERS OF THE CLASS B COMMON STOCKS, WHO SERVE FOR A TERM OF ONE YEAR; AND (III) CLASS C DIRECTORS ARE NOMINATED AND ELECTED BY THE HOLDERS OF THE CLASS C COMMON STOCKS, WHO SERVE FOR A TERM OF ONE YEAR. FORM 990, PART VI, SECTION A, LINE 7A DIRECTORS ARE ELECTED AT THE ANNUAL MEETING OF STOCKHOLDERS BY THE STOCKHOLDERS ENTITLED TO NOMINATE SUCH DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B ALL DECISIONS OF THE CORPORATION REQUIRE A MINIMUM OF SIX (6) AFFIRMATIVE VOTES OF THE DIRECTORS, INCLUDING AT LEAST ONE DIRECTOR FROM EACH CLASS OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 THE PRESIDENT AND DIRECTOR OF FINANCE AND ADMINISTRATION REVIEW THE FORM 990 AS PREPARED BY THE FIRM'S INDEPENDENT ACCOUNTANT. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED BY THE PRESIDENT EACH YEAR. NEW BOARD MEMBERS ARE ASKED TO SIGN THE CONFLICT OF INTEREST POLICY UPON JOINING THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION COMMITTEE REVIEWS THE PRESIDENT'S COMPENSATION BASED UPON ANNUAL PERFORMANCE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THERE ARE THREE MEMBERS (ONE FROM EACH PARTNER ENTITY) WHO SERVE ON THIS COMMITTEE. THESE MEMBERS ARE ALSO MEMBERS OF THE BOARD OF DIRECTORS. THE COMMITTEE RECEIVES THE AUDIT REPORT PRIOR TO A CONFERENCE CALL. CONFERENCE CALL INCLUDES THE AUDITOR, AUDIT FIELD WORK SUPERVISOR, PRESIDENT, CHIEF FINANCIAL STAFF MEMBER AND OUTSIDE ACCOUNTANT. DURING THE CALL THE AUDITOR REVIEWS THE REPORT, MANAGEMENT LETTER AND RECOMMENDATIONS (IF ANY), MANAGEMENT'S RESPONSE AND THE FINANCIALS REPORT. AT THE END OF THE CALL, STAFF DISCONNECTS FROM THE CONFERENCE CALL TO ALLOW TIME FOR THE COMMITTEE MEMBERS TO ASK QUESTIONS OF THE AUDITOR WITHOUT STAFF OR OUTSIDE ACCOUNTANT ON THE CALL (EXECUTIVE SESSION). MINUTES ARE PREPARED, SENT TO COMMITTEE MEMBERS FOR APPROVAL AND FILED AFTER THE CALL. COPIES OF THE MINUTES ARE PROVIDED TO THE BOARD OF DIRECTORS. GRAPHIC ARTS EDUCATION AND RESEARCH FOUNDATION 1899 PRESTON WHITE DRIVE RESTON VA 20191 521321169 TO PROMOTE RESEARCH IN THE FIELD OF GRAPHIC ARTS. VA 501(C)(3) PF 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0