2016-02-12T17:45:20-06:00 2015-06-30 941585562 PISENTI & BRINKER LLP 201 FIRST STREET SUITE 208 PETALUMA CA 94952 990 2014-07-01 942581084 LUTHER BURBANK MEMORIAL FOUNDATION LUTH 7075277006 50 MARK WEST SPRINGS ROAD SANTA ROSA CA 95403 RICHARD NOWLIN PRESIDENT & CEO 7075277006 2016-02-03 1 RAYMOND POUNDS P00459430 7077629900 2014 2016-08-17 19:52:53Z WELLS FARGO CENTER FOR THE ARTS RICHARD NOWLIN 50 MARK WEST SPRINGS ROAD SANTA ROSA CA 95403 12949596 0 X WWW.WELLSFARGOCENTERARTS.ORG X 1978 CA THE MISSION OF THE WELLS FARGO CENTER FOR THE ARTS IS TO ENRICH, EDUCATE AND ENTERTAIN CHILDREN AND ADULTS OF THE NORTH BAY THROUGH ACCESSIBLE AND OUTSTANDING PRESENTATIONS OF ARTS, FAMILY AND ENTERTAINMENT PERFORMANCES, EDUCATION PROGRAMS, VISUAL ARTS AND SCHOOL SHOWS PRESENTED TO THE COMMUNITY. COLLECTIVELY, THESE SHOWS PROVIDE NEAR 100 PERFORMANCES ANNUALLY ENCOMPASSING ROCK, POP, COUNTRY, CLASSICAL, FOLK, JAZZ, DANCE, THEATRE, COMEDY, LITERARY AND SPEAKER EVENTS. THE FOUNDATION ALSO HAS AN OUTREACH PROGRAM THAT PROVIDES SUCH SERVICES AS PROFESSIONAL DEVELOPMENT OF TEACHERS (ARTS EDUCATION), CLASSROOM VISITS WITH ARTIST RESIDENCY WORKSHOPS AND LITERACY PROGRAMS, AN INSTRUMENT LENDING LIBRARY, REDUCED PRICE TICKETS TO LOW-INCOME RESIDENTS THROUGH OUR ART REACH PROGRAM AND TRANSPORTATION SUBSIDIES TO SCHOOLS. 17 17 159 260 0 0 2263770 3915546 6040136 6112405 279008 379979 774435 1947176 9357349 12355106 0 7650 0 0 3392545 3555280 0 0 751375 6216486 6793560 9609031 10356490 -251682 1998616 16903294 18305261 3720995 3416318 13182299 14888943 X THE MISSION OF THE WELLS FARGO CENTER FOR THE ARTS IS TO ENRICH, EDUCATE, AND ENTERTAIN CHILDREN AND ADULTS OF THE NORTH BAY THROUGH ACCESSIBLE AND OUTSTANDING PRESENTATIONS OF ARTS, FAMILY AND ENTERTAINMENT PERFORMANCES, EDUCATION PROGRAMS, VISUAL ARTS AND COMMUNITY USE OF OUR FACILITY. 0 0 8065989 7650 6112405 ACCORDING TO THE FOUNDATION'S BYLAWS, THE PURPOSE OF THE FOUNDATION IS TO ENRICH, EDUCATE AND ENTERTAIN THE NORTH BAY COMMUNITY THROUGH ACCESSIBLE AND OUTSTANDING PRESENTATIONS OF ARTS, FAMILY AND ENTERTAINMENT PERFORMANCES, LITERACY AND OTHER EDUCATIONAL PROGRAMS, VISUAL ARTS AND COMMUNITY USE OF THE FOUNDATION'S FACILITY. IN ADDITION, THE FOUNDATION IS FORMED FOR THE PURPOSES OF PERFORMING ALL THINGS INCIDENTAL TO, OR APPROPRIATE IN, THE ACHIEVEMENT OF THE FOREGOING PRIMARY CHARITABLE PURPOSES. 8065989 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 76 0 1 159 1 0 0 0 0 0 1 1 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X DOLORES OTTEN 7075277006 50 MARK WEST SPRINGS ROAD SANTA ROSA CA 95403 SHERRY SWAYNE CHAIR 3.00 X X 0 0 0 PAUL WILCOCK FIRST VICE CHAIR 3.00 X X 0 0 0 BRUCE DECRONA TREASURER 2.00 X X 0 0 0 KEVIN MCCULLOUGH LEFT 112014 SECRETARY 1.00 X X 0 0 0 ERNESTO OLIVARES CHAIR APPOINTEE TO EXEC COMM 1.00 X 0 0 0 ALAN SEIDENFELD CHAIR APPOINTEE TO EXEC COMM 1.00 X 0 0 0 LIAM CALLAHAN LEFT 22015 DIRECTOR 1.00 X 0 0 0 HONORE COMFORT DIRECTOR 1.00 X 0 0 0 MARGIE MEJIA DIRECTOR 1.00 X 0 0 0 DR KURT MITCHLER DIRECTOR 1.00 X 0 0 0 BAER I RAMBACH MD LEFT 32015 DIRECTOR 1.00 X 0 0 0 GARY ROSENBERG DIRECTOR 1.00 X 0 0 0 JOHN WHITING DIRECTOR 1.00 X 0 0 0 CARMEN CASTALDI DIRECTOR 1.00 X 0 0 0 THOMAS SANDS DIRECTOR 1.00 X 0 0 0 HERB WILLIAMS CHAIR APPOINTEE TO EXEC COMM 1.00 X 0 0 0 MIKE SUTTON LEFT 102014 DIRECTOR 1.00 X 0 0 0 LINDA PRIAL LEFT 82014 DIRECTOR 1.00 X 0 0 0 DOUGLAS J DRENNAN SECRETARY (SINCE 11/2014) 2.00 X X 0 0 0 MARK CRAWFORD DIRECTOR 1.00 X 0 0 0 STEPHEN HALPERN MD DIRECTOR 1.00 X 0 0 0 LINDA CHAVEZ JOINED 112014 DIRECTOR 1.00 X 0 0 0 PAULA RESING UNTIL 315 DIRECTOR 1.00 X 0 0 0 RICHARD NOWLIN PRESIDENT & CEO 50.00 X 214466 0 4275 KATHERINE LEADER LEFT 12015 DIRECTOR OF FINANCE 32.00 X 78980 0 1290 MARK KOENIG 122014 - 52015 DIRECTOR OF FINANCE 40.00 X 1538 0 0 294984 0 5565 1 0 1 0 JS TOURING LLC 16718 BENTON TAYLOR DR CHESTERFIELD MO 63005 ENTERTAINMENT 254796 SANTA ROSA SYMPHONY 50 SANTA ROSA AVE STE 410 SANTA ROSA CA 95404 ENTERTAINMENT 232385 LIVE NATION WORLDWIDE INC 9348 CIVIC CTR DR BEVERLY HILLS CA 90210 ENTERTAINMENT 188467 AMERICAN ASPHALT 24200 CLAWLER RD HAYWARD CA 94545 LOT RESURFACING 144296 PRESS DEMOCRAT INC 427 MENDOCINO AVE SANTA ROSA CA 95401 PUBLICITY 138025 5 288097 55000 3572449 182117 3915546 ADMISSIONS AND PROGRAM 713990 6112405 6112405 6112405 142750 142750 928388 0 928388 928388 928388 762284 516815 8240 245469 -8240 237229 237229 96389 288097 69415 26974 26974 20325 20 20305 20305 CORPORATE SPONSORSHIP 541800 853504 853504 OTHER NON-OPERATING 900099 118005 118005 971509 12355106 6112405 0 2327155 7650 7650 297358 297358 2568523 1792889 373834 401800 68836 47635 12178 9023 390562 268152 82077 40333 230001 147500 49588 32913 40699 3715 36982 2 29075 375 28700 273508 168138 51870 53500 599463 542809 3479 53175 604919 453025 75637 76257 20679 4970 15709 45428 45428 276019 166223 109796 67604 58003 8990 611 11387 7389 3531 467 44097 44097 720190 648171 72019 134622 4944 129678 PERFORMERS' FEES 3209895 3209145 750 FOOD AND BEVERAGE 355672 282621 11141 61910 REPAIR & MAINTENANCE 253481 159327 90468 3686 MISCELLANEOUS 37703 18059 10457 9187 69119 29821 31537 7761 10356490 8065989 1539126 751375 10261 9710 233235 24549 487180 2027712 218040 33674 254191 400081 20655798 10571886 9823566 10083912 5876821 5725623 16903294 18305261 761414 560230 1597337 1969336 1344824 842604 17420 44148 3720995 3416318 X 11866918 12372254 309381 1510689 1006000 1006000 13182299 14888943 16903294 18305261 1998616 -291972 0 X X 0 1 X 1 0 X 1221351 1792998 5336109 2263770 3915546 14529774 3968613 4301965 3693017 5184136 6112405 23260136 5189964 6094963 9029126 7447906 10027951 37789910 26500 45000 322780 189895 150000 734175 0 26500 45000 322780 189895 150000 734175 37055735 1409907 1008382 812583 825466 1071138 5127476 1409907 1008382 812583 825466 1071138 5127476 752377 699565 1025440 947957 1018788 4444127 15948 968133 984081 7368196 8771043 10867149 9221329 12117877 48345594 0.76650 0.74610 0.10610 0.12410 X SCHEDULE A, PART III, LINES 2, 7A AND 11 THE 2014 SCHEDULE A HAS BEEN UPDATED FOR THE FOLLOWING DURING THE LAST 5 YEARS: 1) TO INCLUDE NET INCOME FROM SPECIAL EVENTS AND GAMING ACTIVITIES ON LINE 11 2) TO CORRECT THE REPORTING OF CORPORATE SPONSORSHIP REVENUE FROM LINE 2 TO LINE 11 3) TO INCLUDE AMOUNTS RECEIVED FROM DISQUALIFIED PERSONS ON LINE 7A THIS DOES NOT MATERIALLY CHANGE THE PUBLIC SUPPORT PERCENTAGE AND THE ORGANIZATION STILL PASSES THE PUBLIC SUPPORT TEST DURING THE LAST 5 YEARS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 137698 X 0 1006000 1006000 1006000 1006000 1006000 1006000 1006000 1006000 1006000 1006000 1.00000 0 0 1779368 1779368 15791179 9249220 6541959 35500 35500 0 2196090 1116086 1080004 853661 171080 682581 10083912 PUBLICLY TRADED SECURITIES 5725623 F 5725623 LEASE DEPOSITS 44148 44148 X 12272880 -291972 132071 77675 -82226 12355106 0 12355106 10566236 132071 77675 209746 10356490 0 10356490 PART III, LINE 4: THE FOUNDATION MAINTAINS A SMALL COLLECTION OF ART CONSISTING OF SCULPTURE, PAINTINGS, AND PRINTS AT A COST OF $159,598. AFTER CONSIDERING DEPRECIATION, THE NET BOOK VALUE OF THIS COLLECTION IS $137,698. THIS FURTHERS OUR EXEMPT PURPOSE BY ENRICHING, EDUCATING, AND ENTERTAINING OUR COMMUNITY THROUGH ACCESSIBLE AND OUTSTANDING PRESENTATION OF VISUAL ART. PART V, LINE 4: THE DONORS OF THIS ENDOWMENT HAVE STIPULATED THAT THE FUNDS ARE TO BE INVESTED IN PERPETUITY. THERE IS NO RESTRICTION ON THE NET APPRECIATION OF THE ENDOWMENT. PART X, LINE 2: EXPLANATION FOR UNCERTAIN TAX POSITIONS UNDER FIN 48 THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701(D). HOWEVER, THE FOUNDATION IS SUBJECT TO INCOME TAXES ON ANY NET INCOME THAT IS DERIVED FROM A TRADE OR BUSINESS, REGULARLY CARRIED ON, AND NOT IN FURTHERANCE OF THE PURPOSES FOR WHICH IT WAS GRANTED EXEMPTION, COMMONLY REFERRED TO AS UNRELATED BUSINESS INCOME. NO INCOME TAX PROVISION HAS BEEN RECORDED FOR THE YEARS ENDED JUNE 30, 2015 AND 2014, SINCE MANAGEMENT DETERMINED THAT THE FOUNDATION HAD NO UNRELATED BUSINESS INCOME. THE FOUNDATION DETERMINES WHETHER ITS TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY BASED ON THE TECHNICAL MERITS OF THE POSITIONS. AS OF JUNE 30, 2015, THE FOUNDATION HAS REVIEWED ITS TAX POSITIONS AND HAS CONCLUDED NO RESERVE FOR UNCERTAIN TAX POSITIONS IS REQUIRED. THE FOUNDATION'S OPEN TAX YEARS SUBJECT TO REVIEW ARE 2011-2014 FOR STATE AND 2012-2014 FOR FEDERAL. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSES SHOWN IN REVENUE ON FORM 990, PART VIII, LINE 8B 69,415. LOSS ON SALE OF FIXED ASSETS RPTD ON FORM 990, PART VIII, LINE 7C 8,240. GAMING DIRECT EXPENSES SHOWN IN REVENUE ON FORM 990, PART VIII, LINE 9B 20. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSES SHOWN IN REVENUE ON FORM 990, PART VIII, LINE 8B 69,415. LOSS ON SALE OF FIXED ASSETS RPTD ON FORM 990, PART VIII, LINE 7C 8,240. GAMING DIRECT EXPENSES SHOWN IN REVENUE ON FORM 990, PART VIII, LINE 9B 20. ART OF DESSERT 384486 288097 96389 474 43615 1800 23526 384486 288097 96389 474 43615 1800 23526 69415 26974 20325 20 1 1.00000 20325 20 20 20305 CA 1 0 0 0 0 0 1 VARIOUS SCHOOLS IN SONOMA LAKE AND MENDOCINO COUNTIES 7650 BUS FUND SCHOLARSHIPS 34 PART I, LINE 2: BUS FUND SCHOLARSHIPS ELIGIBILITY CRITERIA - BUS FUND AWARDS OF $75, $100, $125 OR $200 ARE GIVEN TO INDIVIDUAL SCHOOLS BASED ON A MINIMUM PURCHASE OF 25 TICKETS TO A SCHOOL SHOW. EACH AWARD LEVEL REQUIRES THE PURCHASE OF A HIGHER MINIMUM NUMBER OF TICKETS. FULL PAYMENT MUST BE RECEIVED WITHIN 30 DAYS OF PLACING ORDER. SCHOOLS WHO ARE RECIPIENTS OF TITLE I FEDERAL FUNDING QUALIFY FOR THE HIGHEST AWARD OF $125 WITH THE PURCHASE OF THE LOWEST MINIMUM LEVEL OF 25 OR MORE TICKETS. GRANTEE SELECTION - FIRST COME, FIRST SERVED BASIS GRANT SUBSTANTIATION - SCHOOLS WHO REQUEST A BUS FUND AWARD ARE TRACKED IN A SPREADSHEET. THIS SPREADSHEET IS UPDATED AS TICKETS ARE PURCHASED AND THEN PAID FOR. THE AWARD IS SENT TO THE SCHOOL AFTER THE SHOW HAS OCCURRED AND THEIR ATTENDANCE AT THE SHOW HAS BEEN VERIFIED. FUNDING FOR THE AWARDS COMES FROM DONATIONS THAT ARE EARMARKED FOR THE BUS FUND PROGRAM. THE ANNUAL BUS FUND AWARD AMOUNT IS BUDGETED BASED ON FISCAL AND ECONOMIC FACTORS. SCHEDULE I, PART II, LINE 1 THE ORGANIZATION REPORTED OVER $5,000 IN GRANT EXPENSE TO U.S. ORGANIZATIONS, HOWEVER, NO RECIPIENT RECEIVED MORE THAN $5,000. X X 0 0 0 0 0 0 0 0 0 RICHARD NOWLIN PRESIDENT & CEO 174466 0 40000 0 0 0 4275 0 0 0 218741 0 0 0 X WINE & BEER FOR CONCESSIONS 3 109436 60% OF RETAIL MARKET X FURNITURE FOR BACKSTAGE LOUNGE 1 42412 FAIR MARKET VALUE X HOTEL LODGING FOR PERFORMERS 1 20988 NON-PROFIT DISCOUNT X MUSICAL INSTRUMENTS 1 5685 FAIR MARKET VALUE X COFFEE 1 3595 60% OF RETAIL MARKET 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS REVIEWS THE FORM 990 PRIOR TO SUBMITTAL TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS MAINTAINED BY THE BOARD GOVERANCE AND NOMINATING COMMITTEE WHICH INSURES THAT EACH MEMBER UNDERSTANDS THE POLICY AND SIGNS AN ACCEPTANCE AGREEMENT. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S OFFICERS OR KEY EMPLOYEES INCLUDES A FORMAL COMPENSATION STUDY AND REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION PROVIDES PUBLIC DISCLOSURE OF FORM 990 THROUGH ELECTRONICALLY FILED REPORTS THAT ARE THEN AVAILABLE ON THE WEBSITE OF GUIDESTAR, AN ORGANIZATION THAT DISSEMINATES DATA ON NONPROFITS, INCLUDING THEIR FORM 990. THE AUDITED FINANCIAL STATEMENTS ARE ALSO PUBLISHED EVERY YEAR ON THE FOUNDATION'S WEB SITE UNDER WELLS FARGO CENTER FOR THE ARTS. THE PUBLIC DISCLOSURE POLICY OUTLINES OUR COMMITMENT TO PROVIDE AN OPEN DISCLOSURE TO THE GENERAL PUBLIC. THE FOUNDATION HAS AN OPEN DOOR POLICY TO PUBLIC QUESTIONING. FORM 990, PART XI, LINE 2C: THERE HAVE BEEN NO CHANGES TO THE PROCESS FOR OVERSIGHT OF THE AUDIT OF THE FINANICAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.