2016-11-07T08:22:03-06:00 2016-06-30 221914888 NISIVOCCIA LLP 200 VALLEY RD SUITE 300 MT ARLINGTON NJ 07856 990 2015-07-01 221487582 THE MONTCLAIR ART MUSEUM MONT 9737465555 3 SOUTH MOUNTAIN AVENUE MONTCLAIR NJ 07042 LORA URBANELLI EXECUTIVE DIRECTOR 9737465555 2016-11-02 1 THOMAS R DARTNELL CPA P00224464 9733281825 2016-11-02 2015 2017-02-10 21:41:12Z LORA URBANELLI 3 SOUTH MOUNTAIN AVENUE MONTCLAIR NJ 07042 10754737 0 X WWW.MONTCLAIR-ART.ORG X 1914 NJ THE MONTCLAIR ART MUSEUM, ALONG WITH ITS YARD SCHOOL OF ART, ENGAGES A DIVERSE COMMUNITY THROUGH ITS DISTINCTIVE COLLECTION OF AMERICAN AND NATIVE AMERICAN ART, EXHIBITIONS, AND EDUCATIONAL PROGRAMS THAT LINK ART TO CONTEMPORARY LIFE IN A GLOBAL CONTEXT. 36 36 118 296 0 0 2315491 4231754 1030073 1224864 430821 432028 225299 368473 4001684 6257119 18740 12465 0 0 2117713 2274786 0 0 495675 2609839 2659097 4746292 4946348 -744608 1310771 24424136 25434246 4915957 4902783 19508179 20531463 X THE MUSEUM COLLECTS, PRESERVES AND PRESENTS AMERICAN AND NATIVE AMERICAN ART. ITS INNOVATIVE EXHIBITIONS AND EDUCATIONAL PROGRAMS INTERPRET AND EXPLORE RELATIONSHIPS BETWEEN THESE TWO EVOLVING ARTISTIC TRADITIONS. THE MUSEUMS EXHIBITIONS OFFER GROUNDBREAKING SCHOLARSHIP, FRESH THEMATIC APPROACHES, FIRST-TIME PRESENTATIONS OF UNDER-RECOGNIZED ARTISTS, EXAMINATIONS OF LITTLE-KNOWN ASPECTS OF MAJOR ARTISTS CAREERS, AND AN ONGOING COMMITMENT TO THE ARTISTS AND CULTURE OF NEW JERSEY. 0 0 1973679 309322 CURATORIAL:THE MONTCLAIR ART MUSEUM INSPIRES AND ENRICHES THE LIVES OF OVER 72,100 VISITORS THROUGH EXHIBITIONS HELD AT THE MUSEUM OR SELF-ORGANIZED NATIONALLY TRAVELING SPECIAL EXHIBITIONS. THE MUSEUM'S PUBLICATIONS OFTEN ACCOMPANY THESE EXHIBITIONS. THE DEPARTMENT ALSO MANAGES THE DISPLAY, PRESERVATION, AND GROWTH OF THE MUSEUM'S PERMANENT COLLECTION OF OVER 12,000 AMERICAN AND NATIVE AMERICAN WORKS OF ART, AS WELL AS LOANS OF SELECTED WORKS TO EXHIBITIONS IN THE UNITED STATES AND ABROAD. 1647627 12465 894192 EDUCATION:THE MUSEUM OFFERS A DIVERSE SCHEDULE OF PROGRAMS DESIGNED TO ENGAGE A BROAD RANGE OF AUDIENCES. THROUGH AN ACTIVE SCHEDULE OF LECTURES, GALLERY TOURS AND INTERDISCIPLINARY PRESENTATIONS OF MUSIC, DANCE, FILM AND LITERATURE, THE MUSEUM PROVIDES VISITORS WITH ACCESSIBLE AND UNIQUE OPPORTUNITIES TO LEARN ABOUT ART. THE MUSEUM ALSO OFFERS A VARIETY OF CLASSES AND CAMPS IN ART STUDIO PROCESSES WHICH OFTEN RELATE TO COLLECTIONS AND EXHIBITIONS. 189938 21350 MEMBERSHIP:THE MONTCLAIR ART MUSEUM INCLUDES MORE THAN 2,500 MEMBER HOUSEHOLDS. MEMBERS HAVE ACCESS TO EXCLUSIVE PROGRAMS AND EVENTS AND ALSO ENJOY DISCOUNTS FROM THE ART SCHOOL. THE MUSEUM ALSO ENJOYS THE ACTIVE SERVICE OF NEARLY 300 VOLUNTEERS WHO MAKE PROFOUND CONTRIBUTIONS BY WORKING AS INTERNS, SPECIAL EVENTS ASSISTANTS, AND DONORS, TOGETHER PROVIDING MORE THAN 12,000 VOLUNTEER HOURS ANNUALLY. 179298 67355 MUSEUM STORE:THE STORE AT MAM OFFERS A WIDE VARIETY OF WELL-DESIGNED MERCHANDISE THAT CAN BE ENJOYED BY THE WHOLE FAMILY. ITEMS RELATED TO THE MUSEUM'S COLLECTIONS OF AMERICAN AND NATIVE AMERICAN ART ARE AVAILABLE AS WELL AS HAND-CRAFTED JEWELRY, AND GLASSWARE, CERAMIC OBJECTS AND DECORATIVE HOME ACCENTS OF THE HIGHEST CALIBER. IN ADDITION, THE STORE AT MAM OFFERS A WELL-EDITED SELECTION OF ART-RELATED GIFTS FOR CHILDREN INCLUDING BOOKS, ART IMPLEMENTS, TOYS, GAMES AND FUN COLLECTIBLES. IN 2015 THE STORE AT MAM LAUNCHED ITS FIRST E-COMMERCE SITE TO EXTEND ITS UNIQUE SHOPPING EXPERIENCE TO A WIDER AUDIENCE AND RELOCATED TO A BOUTIQUE LOCATION NEAR THE FRONT ENTRANCE. 179298 67355 3990542 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 52 0 1 118 1 0 0 0 0 0 1 1 0 0 0 0 X 36 36 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X X X LORA URBANELLI 9737465555 3 SOUTH MOUNTAIN AVENUE MONTCLAIR NJ 07042 ROSE CALI CO-CHAIR 4.00 X X 0 0 0 CAROL VANCE WALL CO-CHAIR 4.00 X X 0 0 0 NEWTON B SCHOTT JR VICE CHAIR & SECRETARY 5.00 X X 0 0 0 FRANK JWALTER III PRESIDENT 6.00 X X 0 0 0 IRA A WAGNER TREASURER 4.00 X X 0 0 0 JAMES LEITNER VICE PRESIDENT 3.00 X X 0 0 0 LISA AMATO VICE PRESIDENT 3.00 X X 0 0 0 LINDER K ANDLINGER VICE PRESIDENT 3.00 X X 0 0 0 HOLLY ENGLISH VICE PRESIDENT 3.00 X X 0 0 0 LYNN GLASSER VICE PRESIDENT 3.00 X X 0 0 0 KAREN G MANDELBAUM PHD VICE PRESIDENT 3.00 X X 0 0 0 LYN B REITER VICE PRESIDENT 3.00 X X 0 0 0 ANN SCHAFFER VICE PRESIDENT 3.00 X X 0 0 0 MICHAEL A BACKER ESQ TRUSTEE 1.00 X 0 0 0 NICOLE BEARCE ESQ TRUSTEE 1.00 X 0 0 0 SUSAN V BERSHAD MD TRUSTEE 1.00 X 0 0 0 SYLVIA COHN TRUSTEE 1.00 X 0 0 0 SUSAN A COLE PHD TRUSTEE 1.00 X 0 0 0 CYNTHIA CORHAN-AITKEN TRUSTEE 1.00 X 0 0 0 DEBORAH DAVIS TRUSTEE 1.00 X 0 0 0 JOHN M DOWD TRUSTEE 1.00 X 0 0 0 AUDREY GAELEN TRUSTEE 1.00 X 0 0 0 NORBERT GAELEN TRUSTEE 1.00 X 0 0 0 EDWARD P GREGORY TRUSTEE 1.00 X 0 0 0 MICHAEL HENINGBURG JR TRUSTEE 1.00 X 0 0 0 STEPHEN P HESS VICE PRESIDENT 1.00 X X 0 0 0 JAMES E JOHNSON TRUSTEE 1.00 X 0 0 0 HERBERT C KLEIN TRUSTEE 1.00 X 0 0 0 ANDREW LACEY TRUSTEE 1.00 X 0 0 0 STEVEN D PLOFKER ESQ TRUSTEE 1.00 X 0 0 0 GRETCHEN PRATER TRUSTEE 1.00 X 0 0 0 SENGAL M G SELASSIE TRUSTEE 1.00 X 0 0 0 IVONNE RUGGLES TRUSTEE 1.00 X 0 0 0 ROBERT L TORTORIELLO TRUSTEE 1.00 X 0 0 0 SHARON TAYLOR TRUSTEE 1.00 X 0 0 0 JOAN ZIEF TRUSTEE 1.00 X 0 0 0 LORA URBANELLI EXECUTIVE DIRECTOR 40.00 X 146056 0 8893 146056 0 8893 1 0 1 0 DOVER CONTRACTING COMPANY INC 693 EAST BAY AVE BARNEGAT NJ 08005 CONTRACTOR 707818 1 321596 92257 271652 3546249 25359 4231754 ART SCHOOL TUITION 611710 759815 759815 CURATORIAL PROGRAMS 611710 214525 214525 EDUCATION PROGRAMS 611710 134377 134377 ADMISSION FEES 900099 94797 94797 MEMBERSHIP DUES 900099 21350 21350 1224864 271495 271495 147397 103560 43837 43837 43837 4271322 4110789 160533 160533 160533 556341 92257 255223 301118 301118 43726 28046 15680 15680 OTHER REVENUE 900099 7838 7838 7838 6257119 1292219 0 733146 X 12465 12465 149056 89434 29811 29811 1826667 1370916 139525 316226 11380 7640 1069 2671 89910 77302 7136 5472 197773 143748 19677 34348 524572 436903 57640 30029 118024 111269 598 6157 135375 130685 1078 3612 376509 335758 24529 16222 154120 154120 471629 462197 4716 4716 129986 108734 14669 6583 ACQUISITIONS 508527 508527 SUPPLIES AND SPECIAL PR 172966 131810 4065 37091 67389 63154 1498 2737 4946348 3990542 460131 495675 183912 302628 268532 626312 2612408 3429219 46028 98277 38444 38517 53859 54089 19907553 9085422 10216889 10822131 10882683 9949875 121381 113198 24424136 25434246 269568 502570 332601 315423 4298188 4074390 15600 10400 4915957 4902783 X 17874478 18645269 1165557 1412183 468144 474011 19508179 20531463 24424136 25434246 1310771 -287487 0 X X 0 1 X 1 0 X 2137726 2792875 2824904 2315491 4231754 14302750 2137726 2792875 2824904 2315491 4231754 14302750 3161647 11141103 10452 328184 389343 431842 418892 1578713 1200 7838 9038 15890501 8519144 0.70110 0.67450 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X X EDUCATIONAL PROGRAMING 0 11914799 527137 60821 1196443 11306314 11818792 1155354 181301 1240648 11914799 10382355 1202025 1259852 1025440 11818792 10894472 516601 569794 1598512 10382355 9919216 1452091 -50964 425871 10894472 1.00000 0.00000 0.00000 0 0 132700 132700 17036583 6624119 10412464 2738270 2461303 276967 10822131 X 6356461 -287487 386829 99342 6257119 0 6257119 4824650 386829 386829 4437821 508527 508527 4946348 PART III, LINE 1A: THE COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE MUSEUM'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED OR AS TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. PART III, LINE 4: THE MUSEUM COLLECTS, PRESERVES AND PRESENTS AMERICAN AND NATIVE AMERICAN ART. ITS INNOVATIVE EXHIBITIONS AND EDUCATIONAL PROGRAMS INTERPRET AND EXPLORE RELATIONSHIPS BETWEEN THESE TWO EVOLVING ARTISTIC TRADITIONS. PART V, LINE 4: THE MUSEUM'S ENDOWMENT CONSISTS OF INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. THE MUSEUM'S ENDOWMENT PROVIDES A SUPPLEMENTARY SOURCE OF FUNDS FOR CURRENT OPERATIONS, ACQUISITION OF WORKS OF ART, INFRASTRUCTURE REDEVELOPMENT AND OTHER CAPITAL PROJECTS FOR THE BENEFIT OF THE MUSEUM AND ITS PROGRAMS. PART X, LINE 2: THE MUSEUM IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISION OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND IS ALSO EXEMPT FROM STATE INCOME TAXES UNDER CHAPTER 104 OF TITLE 54, REVISED STATUTES OF THE NEW JERSEY LAW. THE MUSEUM HAS ALSO BEEN CLASSIFIED AS ENTITIES THAT ARE NOT PRIVATE FOUNDATIONS WITHIN THE MEANING OF SECTION 509(A) AND QUALIFY FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170(B)(1)(A)(VI). ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAXES HAS BEEN PRESENTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE MUSEUM FOLLOWS THE PROVISIONS OF FASB ASC, INCOME TAXES. THE STANDARD PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION AS THEY RELATE TO THOSE TAX POSITIONS. THE MUSEUM DOES NOT EXPECT A SIGNIFICANT INCREASE OR DECREASE TO THE TOTAL AMOUNTS OF UNRECOGNIZED TAX POSITIONS DURING THE FISCAL YEAR ENDED JUNE 30, 2015. HOWEVER, THE MUSEUM IS SUBJECT TO REGULAR AUDIT BY TAX AUTHORITIES. THE MUSEUM BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE POSITIONS TAKEN ON ITS TAX RETURNS. NONETHELESS, THE AMOUNTS ULTIMATELY PAID, IF ANY, UPON RESOLUTION OF THE ISSUES RAISED BY THE TAXING AUTHORITIES MAY DIFFER MATERIALLY FROM THE AMOUNTS ACCRUED EACH YEAR. MANAGEMENT BELIEVES ITS NONPROFIT STATUS WOULD BE UPHELD UPON EXAMINATION. AS REQUIRED BY LAW, THE MUSEUM FILES INFORMATIONAL RETURNS WITH BOTH THE UNITED STATES FEDERAL AND STATE OF NEW JERSEY JURISDICTIONS ON AN ANNUAL BASIS - FORM 990 WITH THE INTERNAL REVENUE SERVICE, AND FORM CRI-300R WITH THE STATE. THE MUSEUM IS SUBJECT TO EXAMINATION BY THESE AUTHORITIES WITHIN CERTAIN STATUTORY PERIODS FROM THE LATEST FILING DATE FOR BOTH FEDERAL AND STATE OF NEW JERSEY. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 255,223. COST OF GOODS SOLD 28,046. RENTAL EXPENSE 103,560. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 255,223. COST OF GOODS SOLD 28,046. RENTAL EXPENSE 103,560. PART XII, LINE 4B - OTHER ADJUSTMENTS: ACQUISITIONS OF COLLECTION ITEMS 508,527. ART IN BLOOM GALA 509118 72711 436407 196091 ART IN BLOOM LUNCHEON 100444 10986 89458 53204 1 11156 8560 2596 3707 620718 92257 528461 253002 253002 275459 1 SCHOLARSHIPS 27 12465 PART I, LINE 2: SCHOLARSHIPS ARE APPLIED TO SCHOOL TUITION AND STUDENT EXPENSES AND ARE NOT USED FOR OUTSIDE PURPOSES. SCHOLARSHIPS ARE AWARDED IN ACCORDANCE WITH ESTABLISHED GUIDELINES. X X X X 0 0 0 0 0 0 0 0 0 LORA URBANELLI EXECUTIVE DIRECTOR 146056 0 0 0 0 0 3000 0 5893 0 154949 0 0 0 A NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY 222045817 NONEAVAIL 2014-04-29 4549200 TO PROVIDE THE MUSEUM WITH FUNDS TO (A) REFUND THE NJEDA'S VARIABLE RATE 0 1 0 A 2002 1 0 1 1 A 0 0 1 0 0 0 0 0 1 A 1 X 11 X 3 25359 FAIR VALUE 0 1 0 PART I, LINE 33: DURING 2015, CONTRIBUTED WORKS OF ART WERE DETERMINED TO BE APPROXIMATELY $92,500 BASED ON APPRAISED AND ESTIMATED VALUES. HOWEVER, A ZERO AMOUNT WAS REPORTED ON FORM 990, PART VIII, LINE 1G, BECAUSE THE MUSEUM DID NOT CAPITALIZE ITS COLLECTIONS, AS ALLOWED UNDER SFAS 116 (ASC 958-360-25). FORM 990, PART VI, SECTION A, LINE 2 AUDREY AND NORBERT GAELEN ARE SPOUSES FORM 990, PART VI, SECTION B, LINE 11 THE MUSEUM'S CFO WORKS CLOSELY WITH AN EXTERNAL ACCOUNTING FIRM TO PREPARE ITS IRS FORM 990. A DRAFT OF THE 990 IS THEN SHARED AND REVIEWED WITH THE MUSEUM'S DIRECTOR, PRESIDENT, AND TREASURER AND MEMBERS OF ITS FINANCE COMMITTEE. THE CFO AND THESE PARTIES PRESENT A COPY OF THE 990 TO THE MEMBERS OF THE EXECUTIVE, FINANCE AND AUDIT COMMITTEES, WITH A REASONABLE AMOUNT OF TIME FOR THEIR REVIEW. COMMENTS ARE THEN GROUPED, SUMMARIZED, AND PROVIDED THROUGH MANAGEMENT TO THE EXTERNAL ACCOUNTING FIRM. A REFINED DRAFT IS DISTRIBUTED TO THE ENTIRE BOARD OF TRUSTEES FOR THEIR INFORMATION AND COMMENT. ANY APPLICABLE QUESTIONS ARE ADDRESSED, AND THE RETURN IS FINALIZED AND APPROVED FOR FILING WITH THE IRS. THE MUSEUM BELIEVES THIS PROCESS ENSURES THE COMPLETE AND ACCURATE REPORTING OF INFORMATION ON THE ANNUAL RETURN. FORM 990, PART VI, SECTION B, LINE 12C EVERY FISCAL YEAR BOARD OFFICERS, DIRECTORS AND TRUSTEES ARE REQUIRED TO READ THE MUSEUM'S CONFLICT OF INTEREST POLICY, AND TO FILL OUT A QUESTIONNAIRE WHICH DISCLOSES ANY POTENTIAL CONFLICTS. THE MUSEUM ALSO REQUIRES KEY EMPLOYEES TO FILL OUT THE SAME FORM. FORM 990, PART VI, SECTION B, LINE 15 A SPECIAL AD-HOC COMMITTEE OF THE BOARD WAS CREATED, TO REVIEW SALARY COMPARABILITY DATA, AND MAKE A RECOMMENDATION TO THE EXECUTIVE COMMITTEE AND FULL BOARD REGARDING AN APPROPRIATE CANDIDATE AND COMPENSATION STRUCTURE. THE COMPENSATION AMOUNTS FOR OTHER KEY EMPLOYEES ARE REVIEWED BY THE EXECUTIVE COMMITTEE AT THE TIME THE POSITION IS FILLED. DURING THE ANNUAL BUDGETING PROCESS THE BOARD TREASURER, MUSEUM DIRECTOR AND CFO REVIEW THE SALARY STRUCTURE OF ALL POSITIONS WITHIN THE MUSEUM. FORM 990, PART VI, SECTION C, LINE 19 THE MONTCLAIR ART MUSEUM, MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE BY POSTING IT ON GUIDESTAR.ORG. IN ADDITION FORMS 990 AND 1023 AS WELL AS THE FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST AT THE ORGANIZATIONS OFFICE AT 3 SOUTH MOUNTAIN AVE, MONTCLAIR, NJ 07042. FORM 990, PART IX, LINE 11G SERVICE FEES RELATED TO BUILDINGS & GROUNDS MAINTENANCE, PARKING ATTENDANTS: PROGRAM SERVICE EXPENSES 107,722. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 107,722. EVENT SERVICES SUCH AS AUCTIONEERS, LIGHTING, PHOTOGRAPHERS, FLOWERS, ETC.: PROGRAM SERVICE EXPENSES 19,075. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 30,029. TOTAL EXPENSES 49,104. EXPENSES RELATING TO TOURS, FAMILY PROGRAMS, AND OTHER EDUCATION PROGRAMS: PROGRAM SERVICE EXPENSES 103,930. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 103,930. INSTRUCTOR SALARIES RELATED TO WORKSHOPS AND ART SCHOOL PARTIES: PROGRAM SERVICE EXPENSES 41,428. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 41,428. EXHIBITION CONSULTANTS: PROGRAM SERVICE EXPENSES 33,320. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,320. EXPENSES RELATING TO MARKETING SUCH AS FILE SHARING SERVICE, EBLAST, ETC.: PROGRAM SERVICE EXPENSES 5,832. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,832. INVESTMENT MANAGEMENT FEES: PROGRAM SERVICE EXPENSES 69,708. MANAGEMENT AND GENERAL EXPENSES 14,001. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 83,709. ACCOUNTING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 32,356. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,356. GENERAL CONSULTANT EXPENSES: PROGRAM SERVICE EXPENSES 55,888. MANAGEMENT AND GENERAL EXPENSES 11,283. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 67,171. 990 PART XII LINE 2C NO CHANGE FROM PRIOR YEAR.