2016-02-05T14:11:42-06:00 2015-06-30 560574444 CHERRY BEKAERT LLP 1111 METROPOLITAN AVE STE 1000 CHARLOTTE NC 28204 990 2014-07-01 560693436 ARTS & SCIENCE COUNCIL CHARLOTTEMECKLENBURG INC ARTS 7043332272 227 WEST TRADE STREET SUITE 250 CHARLOTTE NC 28202 SUSAN GARY SVP/CFO 7043332272 2016-01-26 1 JANICE A RATICA P00358837 7043771678 2014 2016-04-25 22:37:26Z ROBERT E BUSH JR 227 WEST TRADE STREET SUITE 250 CHARLOTTE NC 28202 10940267 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. 40 40 48 400 0 0 13258068 10937706 0 0 -131 2200 1492662 0 14750599 10939906 10510959 9887882 0 0 2298510 2660113 0 0 1326486 2603439 2143492 15412908 14691487 -662309 -3751581 51939381 49357106 10456082 11617786 41483299 37739320 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 9887882 9887882 THE ARTS & SCIENCE COUNCIL GRANTED OPERATING SUPPORT FUNDING TO 21 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. 1791050 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 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 K-12 EDUCATION. 613553 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. 12292485 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 1 345 0 48 1 0 0 0 0 0 0 0 0 0 0 X 40 40 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 REBECCA B ANDERSON DIRECTOR 3.50 X 0 0 0 STACEY M ANDERSON DIRECTOR 3.50 X 0 0 0 JENNY L APKER DIRECTOR 3.50 X 0 0 0 JOHN N AUTRY DIRECTOR 3.50 X 0 0 0 CHARITY E BELL DIRECTOR 3.50 X 0 0 0 WILLIAM J BOLLINGER DIRECTOR 3.50 X 0 0 0 MICHAEL A BRYANT DIRECTOR 3.50 X 0 0 0 MICHAEL E CRUM DIRECTOR 3.50 X 0 0 0 ERIC C DAVIS DIRECTOR 3.50 X 0 0 0 KRISTY DETWILER DIRECTOR 3.50 X 0 0 0 THERESA DREW DIRECTOR 3.50 X 0 0 0 KAREN EADY-WILLIAMS DIRECTOR 3.50 X 0 0 0 WILLIAM P FARTHING JR DIRECTOR 3.50 X 0 0 0 SUSAN R FAULKNER 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 J MICHAEL GAITHER 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 KATE HUSSMANN 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 STEVEN D NEWMARK DIRECTOR 3.50 X 0 0 0 ANTHONY C PEREZ DIRECTOR 3.50 X 0 0 0 DANIEL E PHILLIPS DIRECTOR 3.50 X 0 0 0 G PATRICK PHILLIPS DIRECTOR 3.50 X 0 0 0 ELFRED ANTHONY PINKARD DIRECTOR 3.50 X 0 0 0 DONALD L PLAUS DIRECTOR 3.50 X 0 0 0 KATRINA W ROSS DIRECTOR 3.50 X 0 0 0 MICHAEL J SMITH DIRECTOR 3.50 X 0 0 0 JUSTIN S STEINSCHRIBER DIRECTOR 3.50 X 0 0 0 MAKE VASAUNE DIRECTOR 3.50 X 0 0 0 PAULA R VINCENT DIRECTOR 3.50 X 0 0 0 WOODROW T WASHAM JR DIRECTOR 3.50 X 0 0 0 KEVIN L PATTERSON CHAIR 3.50 X X 0 0 0 KARL W NEWLIN IMMEDIATE PAST CHAIR 3.50 X X 0 0 0 ROBERT E BUSH JR PRESIDENT 50.00 X 206995 0 17798 SUSAN GARY SVP/COO 50.00 X 129893 0 14970 BARBARA ANN TEMPLE VP/EDUCATION 50.00 X 121141 0 14843 458029 0 47611 3 0 1 0 0 4385141 6552565 255271 10937706 454 454 2107 361 1746 1746 1746 10939906 0 0 2200 9862442 9862442 25440 25440 369656 224793 144863 1830303 601507 511966 716830 58349 20543 21885 15921 251947 113708 56706 81533 149858 59039 39788 51031 31851 30829 327 695 149221 123565 8212 17444 149723 112902 8114 28707 262587 102333 38003 122251 187543 93510 14972 79061 220007 124533 51196 44278 155751 71695 32139 51917 ARTIST CONTRACTS 375182 375182 PROCESSING FEES 119727 62599 23412 33716 DISCRETIONARY FEES 49956 33367 15745 844 PROFESSIONAL DEVELOPMEN 21381 8542 11622 1217 420563 245956 93566 81041 14691487 12292485 1072516 1326486 2696682 2806030 14322688 13641077 915584 432518 154340 29740 1481481 1155181 407561 326300 33442526 32121441 51939381 49357106 562067 514764 894015 750486 9000000 10352536 10456082 11617786 X 746694 387473 12858240 9473482 27878365 27878365 41483299 37739320 51939381 49357106 X -3751581 38 7564 X 0 1 X 1 0 X 12809152 12597434 14177927 13258068 10937706 63780287 12809152 12597434 14177927 13258068 10937706 63780287 721147 63059140 10437 2853 454 13744 1196584 1208135 1251257 1492662 5148638 68942669 0.91470 0.90230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3 1298267 0 0 33415834 7564 1328326 32095072 30680498 4227998 1492662 33415834 28873173 125000 2933582 1251257 30680498 30927993 20 -846705 1208135 28873173 26287883 615000 5221694 1196584 30927993 0.00000 0.86860 0.13140 0 1 1 1481481 1155181 326300 326300 BENEFICIAL INTEREST IN GREATER CHARLOTTE CULTURAL TRUST 32095072 F COMMON STOCKS 26369 F 32121441 PAYABLE TO DESIGNATED BENEFICIARY 10152480 FUNDS HELD FOR OTHERS 200056 10352536 X 12948138 38 679868 1328326 2008232 10939906 0 10939906 15371355 679868 679868 14691487 0 14691487 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. ASC HAS EVALUATED ALL ITS TAX POSITIONS AND DETERMINED THAT IT HAD NO UNCERTAIN INCOME TAX POSITIONS AS OF JUNE 30, 2015 AND 2014. PART XI, LINE 2D - OTHER ADJUSTMENTS: ALLOCATION OF ALLOWABLE ENDOWMENT BALANCE FOR SPENDING 1,328,326. 1 A SIGN OF THE TIMES OF THE CAROLINAS 6228 EAGLE PEAK DRIVE CHARLOTTE NC 28214 204766220 501(C)(3) 21600 CULTURAL INNOVATION GRANT ACTORS CRIB INCORPORATED 7017 STREAMSIDE DRIVE CHARLOTTE NC 28212 205981156 501(C)(3) 52245 EDUCATION SCHOOL GRANT PROGRAM BECHTLER MUSEUM OF MODERN ART 420 S TRYON ST CHARLOTTE NC 28202 562225722 501(C)(3) 292862 EDUCATION SCHOOL GRANT PROGRAM BLUMENTHAL PERFORMING ARTS 345 NORTH COLLEGE STREET CHARLOTTE NC 28202 134258900 501(C)(3) 315780 EDUCATION SCHOOL GRANT PROGRAM BRIGHT STAR TOURING THEATRE 565 LONG SHOALS ROAD SUITE 204 ARDEN NC 28704 562613054 12385 EDUCATION SCHOOL GRANT PROGRAM CAROLINA RAPTOR CENTER 6000 SAMPLE ROAD HUNTERSVILLE NC 28078 561349170 501(C)(3) 123076 EDUCATION SCHOOL GRANT PROGRAM CAROLINA VOICES 1900 QUEENS ROAD CHARLOTTE NC 28207 560810412 501(C)(3) 25000 OPERATING SUPPORT GRANT CAROLINE CALOUCHE & CO 10515 HAWICK COURT CHARLOTTE NC 28278 203607784 501(C)(3) 10690 CULTURAL PROJECT GRANT CENTRAL PIEDMONT COMMUNITY COLLEGE FOUNDATION INC PO BOX 35009 CHARLOTTE NC 282355009 560890420 501(C)(3) 10000 CULTURAL PROJECT GRANT CHARLOTTE BALLET 701 N TRYON ST CHARLOTTE NC 28202 581314711 501(C)(3) 685159 EDUCATION FIELD TRIP CHARLOTTE CHILDREN'S CHOIR PO BOX 30724 CHARLOTTE NC 28230 561675977 501(C)(3) 25290 OPERATING SUPPORT GRANT CHARLOTTE MUSEUM OF HISTORY INC 3500 SHAMROCK DRIVE CHARLOTTE NC 28215 237125613 501(C)(3) 37515 CULTURAL PROJECT GRANT CHARLOTTE SYMPHONY 301 SOUTH TRYON STREET SUITE 1700 CHARLOTTE NC 28282 566011568 501(C)(3) 835138 AT&T EDUCATION ENDOWMENT GRANT CHARLOTTE YOUTH BALLET INC PO BOX 472937 CHARLOTTE NC 282472937 561539628 501(C)(3) 10000 CULTURAL PROJECT GRANT CHILDREN'S THEATRE OF CHARLOTTE 300 EAST 7TH STREET CHARLOTTE NC 28202 561028031 501(C)(3) 454226 EDUCATION SCHOOL GRANT PROGRAM CITY AT PEACE - CHARLOTTE INC PO BOX 33893 CHARLOTTE NC 28233 562083002 501(C)(3) 25000 CULTURAL INNOVATION GRANT CLAYWORKS 4506 MONROE ROAD CHARLOTTE NC 28205 900198258 501(C)(3) 35700 EDUCATION SCHOOL GRANT PROGRAM COMMUNITY SCHOOL OF THE ARTS 345 NORTH COLLEGE STREET CHARLOTTE NC 28202 591356847 501(C)(3) 217723 EDUCATION SCHOOL GRANT PROGRAM DAVIDSON COMMUNITY PLAYERS PO BOX 76 DAVIDSON NC 28036 581542159 501(C)(3) 36275 CULTURAL PROJECT GRANT DIDGERIDOO DOWN UNDER 14650 BOURNEMOUTH RD TAMPA FL 33626 593725501 501(C)(3) 13400 EDUCATION SCHOOL GRANT PROGRAM DISCOVERY PLACE INC 301 NORTH TRYON STREET CHARLOTTE NC 28202 560529944 501(C)(3) 862988 EDUCATION SCHOOL GRANT PROGRAM DLW STORYTELLER INC 2 HAGGIS COURT DURHAM NC 27705 8525 EDUCATION SCHOOL GRANT PROGRAM DNAMUZIC 12236 TARAGATE DRIVE CHARLOTTE NC 28273 6700 EDUCATION SCHOOL GRANT PROGRAM FESTIVAL IN THE PARK 1409 EAST BLVD CHARLOTTE NC 28203 566087310 15000 CULTURAL FESTIVAL GRANT GREY SEAL PUPPETS PO BOX 11902 CHARLOTTE NC 28220 561592406 501(C)(3) 6900 EDUCATION SCHOOL GRANT PROGRAM HARVEY B GANTT CENTER FOR AFRICAN-AMERICAN ARTS CULTURE 551 S TRYON STREET CHARLOTTE NC 28202 561152286 501(C)(3) 186546 EDUCATION SCHOOL GRANT PROGRAM HISTORIC ROSEDALE PLANTATION 3427 N TRYON STREET CHARLOTTE NC 28206 561558489 501(C)(3) 6189 CULTURAL PROJECT GRANT HISTORIC RURAL HILL INC 4431 NECK ROAD HUNTERSVILLE NC 28078 561797334 501(C)(3) 5010 EDUCATION FIELD TRIP JAZZ ARTS INITIATIVE 345 NORTH COLLEGE STREET STE 405B CHARLOTTE NC 28202 5829 CULTURAL PROJECT GRANT LATIBAH COLLARD GREEN MUSEUM PO BOX 33301 CHARLOTTE NC 282333301 830391540 501(C)(3) 18000 CULTURAL INNOVATION GRANT LATIN AMERICAN COALITION 4938 CENTRAL AVE SUITE 101 CHARLOTTE NC 28205 581945776 10000 CULTURAL FESTIVAL GRANT LATTA PLANTATION 5225 SAMPLE RD HUNTERSVILLE NC 28078 237296889 501(C)(3) 44197 EDUCATION FIELD TRIP LEVINE MUSEUM OF THE NEW SOUTH 200 E 7TH STREET CHARLOTTE NC 28202 561748648 501(C)(3) 473426 EDUCATION SCHOOL GRANT PROGRAM LIVING RHYTHMS 2721 CARDIFF CT WINSTONSALEM NC 27103 200442598 14631 EDUCATION SCHOOL GRANT PROGRAM MACHINE THEATRE INC 11022 ALNWICK CT CHARLOTTE NC 28262 501(C)(3) 7300 CULTURAL PROJECT GRANT MARTHA CONNERTONKINETIC WORKS 1609 NASSAU BLVD CHARLOTTE NC 28205 562266383 7500 CULTURAL PROJECT GRANT MATTHEWS PLAYHOUSE OF THE PERFORMING ARTS MATTHEWS PLAYHOUSE MATTHEWS COM 100 MCDOWELL STREET MATTHEWS NC 29105 561937368 501(C)(3) 15161 CULTURAL PROJECT GRANT MCCOLL CENTER FOR ART INNOVATION 721 N TRYON ST CHARLOTTE NC 28202 510195015 501(C)(3) 352266 OPERATING SUPPORT GRANT MECKLENBURG COUNTY PARK AND RECREATION 5841 BROOKSHIRE BLVD CHARLOTTE NC 28216 566000319 5228 CULTURAL PROJECT GRANT MINT HILL ARTS 11205 LAWYERS RD STE A MINT HILL NC 28227 043846871 501(C)(3) 10000 CULTURAL PROJECT GRANT MINT HILL HISTORICAL SOCIETY 7601 MATTHEWS-MINT HILL ROAD MINT HILL NC 28227 561601012 501(C)(3) 8382 EDUCATION FIELD TRIP MINT MUSEUM OF ART 2730 RANDOLPH ROAD CHARLOTTE NC 28207 560670666 501(C)(3) 1087380 EDUCATION SCHOOL GRANT PROGRAM MOVING POETS CHARLOTTE INC PO BOX 30424 CHARLOTTE NC 28230 461514126 10000 CULTURAL PROJECT GRANT NORTH CAROLINA WILDLIFE FEDERATION 1346 ST JULIEN ST CHARLOTTE NC 28205 561564376 501(C)(3) 10000 CULTURAL PROJECT GRANT NORTH MECKLENBURG COMMUNITY CHORUS INC PO BOX 1234 CORNELIUS NC 28031 271469178 501(C)(3) 7500 CULTURAL PROJECT GRANT ON Q PERFORMING ARTS PO BOX 791622 CHARLOTTE NC 28206 451587446 501(C)(3) 52500 SPECIAL PROJECT GRANT ONE VOICE INC PO BOX 9241 CHARLOTTE NC 28299 581979889 501(C)(3) 25000 CULTURAL INNOVATION GRANT ONEAKA DANCE COMPANY 5422 SUNFIELD DRIVE CHARLOTTE NC 28215 7650 EDUCATION SCHOOL GRANT PROGRAM OPERA CAROLINA 1600 ELIZABETH AVENUE CHARLOTTE NC 28204 566019660 501(C)(3) 504555 AT&T EDUCATION ENDOWMENT GRANT POLK MEMORIAL SUPPORT FUND INC PO BOX 475 PINEVILLE NC 28134 562019575 501(C)(3) 7665 EDUCATION FIELD TRIP PROJECT SCIENTIST 222 SOUTH CHURCH STREET CHARLOTTE NC 28202 461763945 10000 CULTURAL PROJECT GRANT SANDY CREEK WEAVERS PO BOX 7944 ROCKY MOUNT NC 27804 6000 EDUCATION SCHOOL GRANT PROGRAM THE CHARLOTTE FOLK SOCIETY PO BOX 36864 CHARLOTTE NC 282366864 561328389 501(C)(3) 7000 CULTURAL PROJECT GRANT THE CHOIR SCHOOL AT ST PETERS 115 WEST SEVENTH ST CHARLOTTE NC 28202 562271723 501(C)(3) 10000 CULTURAL PROJECT GRANT THE COMMUNITY ARTS PROJECT 19725 OAK STREET UNIT 1 CORNELIUS NC 28031 582482588 501(C)(3) 6250 OPERATING SUPPORT GRANT THE STORY SHIP 9945 WHITFIELD AVE SAVANNAH SC 31406 6440 EDUCATION SCHOOL GRANT PROGRAM THE WORLD IN OUR BACKYARD LLC 17015 BRIDGETON LANE HUNTERSVILLE NC 28078 202061586 6177 EDUCATION SCHOOL GRANT PROGRAM THEATRE CHARLOTTE 501 QUEENS ROAD CHARLOTTE NC 28207 560591306 501(C)(3) 98323 CULTURAL PROJECT GRANT TRANSIT VOCAL BAND LLC 7631 CANVAS ART TERRACE RALEIGH NC 27617 12050 EDUCATION SCHOOL GRANT PROGRAM UNIVERSITY OF NORTH CAROLINA SCHOOL OF THE ARTS FOUNDATION INC 1533 SOUTH MAIN STREET WINSTONSALEM NC 27127 566064850 15000 NC SCHOOL OF THE ARTS - WACHOVIA WING HAVEN 248 RIDGEWOOD AVE CHARLOTTE NC 28209 561014180 501(C)(3) 25000 OPERATING SUPPORT GRANT 44 17 EDUCATION SCHOOL GRANT PROGRAM 3 25440 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 191995 0 15000 0 0 0 10616 0 7182 0 224793 0 0 0 X 26 255271 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 -1,320,762. ALLOCATION OF ALLOWABLE ENDOWMENT BALANCE FOR SPENDING 1,328,326. 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