2016-06-03T07:54:46-05:00 2015-12-31 BDO USA LLP 200 OTTAWA AVE NW STE 300 GRAND RAPIDS MI 49503 990 2015-01-01 383573890 FOUNDATION FOR THE FLINT CULTURAL CENTER % MARY ITTIGSON BAEHR FOUN 8107678270 500 S SAGINAW STREET Suite 200 FLINT MI 48502 KATHI HORTON PRESIDENT 8107678270 2016-04-20 true Richard Noreen P00059529 8107678270 2015 2016-09-27 15:27:22Z KATHI HORTON 500 S SAGINAW STREET STE 200 FLINT MI 48502 3410183 false X N/A X 2000 MI TO RECEIVE AND ADMINISTER FUNDS AND TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF THE PUBLICLY SUPPORTED ORGANIZATIONS REPORTED IN SCHEDULE A 8 8 0 8 0 500672 0 0 0 938247 412874 0 0 1438919 412874 733394 875941 0 0 0 0 0 0 0 154792 172102 888186 1048043 550733 -635169 19705552 18062355 0 0 19705552 18062355 X THE FOUNDATION FOR THE FLINT CULTURAL CENTER IS COMMITTED TO IMPROVING THE QUALITY OF LIFE IN GENESEE COUNTY THROUGH SUPPORT OF THE FLINT CULTURAL CENTER AND ITS VARIOUS ENTITIES. TO ACT ON THIS COMMITMENT, THE FOUNDATION FOR THE FLINT CULTURAL CENTER WILL PROVIDE FINANCIAL SUPPORT TO THE FLINT CULTURAL CENTER CORPORATION, FLINT INSTITUTE OF ARTS, FLINT INSTITUTE OF MUSIC AND COMMUNITY FOUNDATION OF GREATER FLINT. false false 1001163 875941 GRANTS TO SUPPORTED ORGANIZATIONS AND DISTRIBUTIONS FOR PROGRAM-RELATED EXPENSES. THE AMOUNT TO BE SPENT FROM THE ENDOWED FUNDS HAS BEEN STIPULATED BY THE DONOR'S GRANT AGREEMENT, WHICH FOR 2015 WAS 5.0% OF THE AVERAGE FAIR MARKET VALUE OF THE FUNDS OVER THE PREVIOUS TWENTY TRAILING QUARTERS ENDING SEPTEMBER 30TH OF THE IMMEDIATE PRIOR YEAR. 1001163 true false false false false false false false false true false true false false false true false true false false false false false false false false false true false true false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false X 8 8 false true false false false true false true true false false true true true true true true true true false MI X X MARY ITTIGSON BAEHR 8107678270 500 S SAGINAW ST STE 200 FLINT MI 48502 F JAMES CUMMINS CHAIR 1.0 0.0 X X 0 0 0 JIM JOHNSON DIRECTOR 1.0 0.0 X 0 0 0 RAYMOND J KELLY SECRETARY 1.0 0.0 X X 0 0 0 sherri stephens VICE CHAIR 1.0 0.0 X X 0 0 0 LENNETTA CONEY DIRECTOR 1.0 0.0 X 0 0 0 JOHN MACDONALD DIRECTOR 1.0 0.0 X 0 0 0 MICHAEL MELENBRINK DIRECTOR 1.0 0.0 X 0 0 0 JIM SPANGLER DIRECTOR 1.0 0.0 X 0 0 0 KATHI HORTON EX-OFFICIO - PRESIDENT 1.0 40.0 X 0 170889 10254 MARY ITTIGSON BAEHR EX-OFFICIO - TREASURER 1.0 40.0 X 0 115821 15786 0 286710 26040 0 false true false 0 0 0 465286 465286 0 0 0 0 0 2944897 2997309 -52412 -52412 -52412 0 0 0 0 412874 412874 875941 875941 0 0 0 0 0 0 0 0 0 39698 39698 0 5470 5470 0 0 0 125222 125222 0 0 0 0 0 0 0 0 0 0 0 1692 1692 MISCELLANEOUS 20 20 1048043 1001163 46880 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1692 1692 0 15339534 13902226 4364326 4158437 0 0 0 0 0 0 19705552 18062355 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 0 -234396 3704880 2296079 16000672 16000672 19705552 18062355 19705552 18062355 -635169 -1008028 X false true X true false X X 4 FLINT CULTURAL CENTER CORPORATION 386089075 9 true 302017 0 FLINT INSTITUTE OF ARTS 381539984 9 true 410820 0 FLINT INSTITUTE OF MUSIC 386159482 2 true 163104 0 COMMUNITY FOUNDATION OF GREATER FLINT 382190667 8 true 0 0 4 875941 true false false false false false false false false false false false false false false true false 19705552 -720375 875941 46881 18062355 19410620 500672 573356 733394 45702 19705552 17665784 2529406 730959 53611 19410620 16395894 2055693 733884 51919 17665784 17610996 0 -377370 783811 53921 16395894 0.88590 0.11410 false false 4158437 F 4158437 0 0 X -692288 -1008027 -97135 -1105162 412874 412874 950908 950908 97135 97135 1048043 INTENDED USE'S OF THE ORGANIZATION'S ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 4 TERM ENDOWMENT FUNDS ARE NET ASSETS RESULTING FROM CONTRIBUTIONS WHOSE USE BY THE ORGANIZATION IS LIMITED BY DONOR-IMPOSED STIPULATIONS THAT EITHER EXPIRE BY PASSAGE OF TIME OR CAN BE FULFILLED AND REMOVED BY ACTIONS OF THE ORGANIZATION PURSUANT TO THOSE STIPULATIONS. PERMANENT ENDOWMENT FUNDS CONSIST OF RESOURCES OF WHICH THE USE BY THE ORGANIZATION IS LIMITED BY DONOR-IMPOSED RESTRICTIONS WHICH REQUIRE THAT HISTORIC GIFTS MAY NEVER BE SPENT. THE ORGANIZATION'S EARNINGS ON PERMANENTLY RESTRICTED NET ASSETS ARE CLASSIFIED AS TEMPORARILY RESTRICTED UNTIL APPROPRIATED FOR EXPENDITURE BASED ON THE TERMS OF THE ORIGINAL GIFT AGREEMENT. ACCOUNTING FOR UNCERTAINTY OF INCOME TAXES SCHEDULE D, PART X, LINE 2 THE FOUNDATION FOR THE FLINT CULTURAL CENTER APPLIES A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD FOR ALL TAX UNCERTAINTIES. ASC TOPIC 740 ONLY ALLOWS THE RECOGNITION OF THOSE TAX BENEFITS THAT HAVE A GREATER THAN FIFTY PERCENT LIKELIHOOD OF BEING SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES. BASED ON ITS EVALUATION, THE FOUNDATION FOR THE FLINT CULTURAL CENTER HAS CONCLUDED THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN ITS FINANCIAL STATEMENTS. OTHER ADJUSTMENTS - RECONCILIATION OF REVENUE SCHEDULE D, PART XI, LINE 2D BANK FEES: -97,135 OTHER ADJUSTMENTS - RECONCILIATION OF EXPENSES SCHEDULE D, PART XII, LINE 4B BANK FEES: 97,135 true FLINT CULTURAL CENTER CORPORATION 1310 EAST KEARSLEY ST FLINT MI 48503 386089075 501(C)(3) 302017 OPERATIONAL/ PROGRAM SUPPORT FLINT INSTITUTE OF ARTS 1120 EAST KEARSLEY STREET FLINT MI 48503 381539984 501(C)(3) 410820 OPERATIONAL/ PROGRAM SUPPORT FLINT INSTITUTE OF MUSIC 1025 EAST KEARSLEY STREET FLINT MI 48503 386159482 501(C)(3) 163104 OPERATIONAL/ PROGRAM SUPPORT 3 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS SCHEDULE I, PART I, LINE 2 THE ORGANIZATION REQUIRES REPORTS FROM ALL GRANTEES REGARDING THE USE OF FUNDS. REPORTS ARE SUBMITTED ANNUALLY AT THE END OF THE GRANT PERIOD. false false false false false false false false false KATHI HORTON EX-OFFICIO - PRESIDENT 0 168480 0 0 0 2409 0 8688 0 1566 0 181143 0 0 PROCESS FOR DETERMINING COMPENSATION OF OFFICERS AND KEY EMPLOYEES SCHEDULE J, PART I, LINE 3 INDEPENDENT COMPENSATION STUDY PERFORMED AND PRESENTED TO EXECUTIVE COMMITTEE. EXECUTIVE COMMITTEE APPROVES PRESIDENT SALARY ANNUALLY. MANAGEMENT FEES FORM 990, PART VI, SECTION A, LINE 3 Management of the daily operations of the Foundation for the Flint Cultural Center are performed by a supported organization, the Community Foundation of Greater Flint. Compensation for these services in 2015 was $39,698. POWER TO ELECT OR APPOINT MEMBERS OF THE GOVERNING BODY FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS OF THE ORGANIZATION CONSIST OF EIGHT PERSONS APPOINTED BY THE RELATED ORGANIZATIONS. THE COMMUNITY FOUNDATION OF GREATER FLINT APPOINTS FIVE DIRECTORS AND THE FLINT CULTURAL CENTER CORPORATION, FLINT INSTITUTE OF ARTS, AND FLINT INSTITUTE OF MUSIC EACH APPOINT ONE DIRECTOR. FORM 990 REVIEW PROCESS FORM 990, PART VI, SECTION B, LINE 11B THE COMMUNITY FOUNDATION OF GREATER FLINT'S AUDIT COMMITTEE REVIEWS THE FORM 990 ON BEHALF OF THE FOUNDATION FOR FLINT CULTURAL CENTER BOARD. CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES ARE REQUIRED TO ABSTAIN FROM DISCUSSION AND VOTING WHERE CONFLICT EXISTS. PROCESS FOR DETERMINING COMPENSATION OF OFFICERS AND KEY EMPLOYEES FORM 990, PART VI, SECTION B, LINE 15 INDEPENDENT COMPENSATION STUDY PERFORMED AND PRESENTED TO EXECUTIVE COMMITTEE. EXECUTIVE COMMITTEE APPROVES PRESIDENT SALARY ANNUALLY. AVAILABILITY OF DOCUMENTS TO THE PUBLIC FORM 990, PART VI, SECTION C, LINE 19 THE COMMUNITY FOUNDATION OF GREATER FLINT HOLDS THE RECORDS FOR THE FOUNDATION FOR FLINT CULTURAL CENTER AND WILL MAKE AVAILABLE FOR PUBLIC INSPECTION THE LAST THREE YEARS OF ITS TAX DOCUMENTS, INCLUDING INTERNAL REVENUE SERVICE FORMS 990, 990T (IF APPLICABLE), THE FOUNDATION FOR FLINT CULTURAL CENTER'S APPLICATION FOR TAX EXEMPTION, IRS FORM 1023, THE BYLAWS, THE CONFLICT OF INTEREST POLICY AND THE AUDITED FINANCIAL STATEMENTS. IF THE REQUEST FOR ANY OF THESE DOCUMENTS IS MADE IN PERSON, THE REQUESTED DOCUMENTS WILL BE PROVIDED ON THE DAY OF THE REQUEST, IF POSSIBLE. IF THE REQUEST IS IN WRITING (INCLUDING EMAIL), COPIES WILL BE PROVIDED WITHIN 30 DAYS OF THE REQUEST. THE REQUESTOR WILL BE CHARGED A REASONABLE FEE FOR THE COST OF COPYING, PLUS POSTAGE. ADDITIONALLY, THESE DOCUMENTS ARE AVAILABLE ON THE COMMUNITY FOUNDATION OF GREATER FLINT'S WEBSITE AT WWW.CFGF.ORG. FORM 990 PART IX LINE 11G DESCRIPTION:BANK FEES TOTAL FEES:97135 FORM 990 PART IX LINE 11G DESCRIPTION:INVESTMENT CONSULTING FEES TOTAL FEES:28087 COMMUNITY FOUNDATION OF GREATER FLINT 500 S SAGINAW ST FLINT MI 48502 382190667 COMMUNITY FDN MI 501(C)(3) 8 false FLINT CULTURAL CENTER CORPORATION 1310 E KEARSLEY ST FLINT MI 48503 386089075 PUBLICY SUPPT MI 501(C)(3) 9 false FLINT INSTITUTE OF ARTS 1120 E KEARSLEY ST FLINT MI 48503 381539984 PUBLICY SUPPT MI 501(C)(3) 9 false FLINT INSTITUTE OF MUSIC (YOUTH THEATRE) 1025 E KEARSLEY ST FLINT MI 48503 386159482 SCHOOL MI 501(C)(3) 2 false false true false false false false false false false false false false true false false false false false false