2016-07-15T16:35:55-05:00 2015-08-31 111986323 MARCUM LLP 101 MONTGOMERY STREET 1900 SAN FRANCISCO CA 94104 990 2014-09-01 942576101 GOLDEN GATE PERFORMING ARTS INC GOLD 4158653650 398 11TH STREET NO 300 SAN FRANCISCO CA 94103 WILLIAM VIGNA TREASURER 4158653650 2016-07-14 1 STEVEN H BOULTBEE P01228676 4154326200 2014 2016-09-27 15:27:22Z JUSTIN TAYLOR 398 11TH STREET NO 300 SAN FRANCISCO CA 94103 1515961 0 X WWW.SFGMC.ORG X 1979 CA INSPIRE ITS AUDIENCE, MEMBERS AND THE WORLD THROUGH HIGH QUALITY CHORAL EXPERIENCES. 18 18 7 350 0 0 1323565 688897 528078 525276 12371 17009 -18889 215529 1845125 1446711 0 0 0 0 370546 469112 0 0 79406 1055991 1072198 1426537 1541310 418588 -94599 1884792 1742115 80976 50620 1803816 1691495 X GOLDEN GATE PERFORMING ARTS INC. WAS CREATED BY THE SINGERS AND DEDICATED FRIENDS OF THE SAN FRANCISCO GAY MEN'S CHORUS TO ASSURE THE FINANCIAL HEALTH OF THE CHORUS. GOLDEN GATE PERFORMING ARTS INC. SUPPORTS THE CHORUS SO IT CAN ACHEIVE ITS MISSION OF BRINGING HARMONY TO THE WORLD AND RAISING AWARENESS AND FUNDS FOR THE OTHER CHARITABLE PURPOSES. 0 0 502440 503439 BRING HARMONY TO THE WORLD THROUGH CHORAL PRESENTATIONS. 746 14287 TOURING AND OUTREACH TO SERVE AS CULTURAL AMBASSADORS FOR SAN FRANCISCO'S GAY, LESBIAN, BISEXUAL, TRANSGENDER AND ALLIED COMMUNITIES BY PERFORMING AT COMMUNITY EVENTS PRODUCED BY OTHER ORGANIZATIONS INCLUDING FUNDRAISERS FOR HIV/AIDS CHARITIES IN CALIFORNIA. 503186 1 1 0 0 0 0 0 0 0 1 1 1 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 25 0 1 7 1 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 CA X TIM GRANT 4158653650 398 11TH STREET SUITE 300 SAN FRANCISCO CA 94103 TIMOTHY SEELIG ARTISTIC DIRECTOR 40.00 X 104000 0 0 JUSTIN TAYLOR CHAIR 10.00 X X 0 0 0 DENNIS STRADFORD VICE CHAIR 10.00 X X 0 0 0 WILLIAM VIGNA TREASURER 10.00 X X 0 0 0 SALVATORE BAGLIERI SECRETARY 10.00 X X 0 0 0 MARK DELGADO COMMUNITY MEMBER 5.00 X 0 0 0 MALAN ALI COMMUNITY MEMBER 5.00 X 0 0 0 CRAIG BRENNAN COMMUNITY MEMBER 5.00 X 0 0 0 PETER DRAKE COMMUNITY MEMBER 5.00 X 0 0 0 TRUDI LOCSOTOFF COMMUNITY MEMBER 5.00 X 0 0 0 CYNTHIA COOPER COMMUNITY MEMBER 5.00 X 0 0 0 STEVE BURTON SINGING MEMBER 5.00 X 0 0 0 DAN AARON SINGING MEMBER 5.00 X 0 0 0 STEVE HUFFINES SINGING MEMBER 5.00 X 0 0 0 MIKE BERNARD SINGING MEMBER 5.00 X 0 0 0 JEFFREY HUANG SINGING MEMBER 5.00 X 0 0 0 GREGORY MARKS SINGING MEMBER 5.00 X 0 0 0 STEVEN GALLAGHER LEADERSHIP TEAM - CHORUS PRESIDENT 5.00 X 0 0 0 104000 0 0 1 0 0 0 0 114014 90750 484133 688897 ADMISSIONS 711130 495441 495441 SERVICE FEES 900099 15548 15548 TOURING AND OUTREACH 711130 14287 14287 525276 2525 2525 14484 0 14484 14484 14484 265827 42748 223079 223079 18952 26502 -7550 -7550 1446711 517726 0 240088 X 104200 104200 313483 313483 21239 5628 15611 30190 30190 20170 20170 282963 56052 178811 48100 58918 58918 59456 2083 44314 13059 25964 6145 11998 7821 15161 15161 135487 53225 82262 27498 15755 11556 187 15951 7537 7164 1250 3278 3278 7530 7530 HALL RENTAL 178319 178319 PRODUCTION EXPENSE 72358 72358 MISCELLANEOUS EXPENSE 44315 8657 35470 188 COMMISSIONS 26700 26700 98130 55566 33763 8801 1541310 503186 958718 79406 198186 453996 550280 143080 14444 0 14384 24503 96025 59831 28472 13996 3758 14476 517215 625847 490500 420382 1884792 1742115 38312 29539 42664 21081 80976 50620 X 1158612 1068134 311907 290064 333297 333297 1803816 1691495 1884792 1742115 -94599 -17722 0 X X 0 1 X 1 0 X 1007106 891216 1527062 1323565 76009 4824958 1007106 891216 1527062 1323565 76009 4824958 787904 4037054 5137 3815 3299 2034 2525 16810 88730 137158 83840 109186 140919 559833 5401601 0.74740 0.76740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 436100 33135 -33848 15005 420382 408144 41440 13484 436100 377172 40741 9769 408144 342698 42132 7658 377172 122979 224000 -1081 3200 342698 0.82000 0.18000 1 0 28472 13996 14476 14476 SCHWAB & VANGUARD 625847 F 625847 BENEFICIAL INTEREST IN ENDOWMENT 420382 420382 X 1461491 -17722 6000 -11722 1473213 -26502 -26502 1446711 1573812 6000 6000 1567812 -26502 -26502 1541310 PART V, LINE 4: THE HORIZON'S FOUNDATION MANAGES A PERMANENTLY RESTRICTED AGENCY ENDOWMENT FOR THE CHORUS. A PORTION OF THE EARNINGS FROM THE INVESTED PRINCIPLE ARE DISTRIBUTED ANNUALLY TO SUPPORT THE CHORUS'S OPERATIONS ACCORDING TO A FORMULA, AND THE REMAINDER IS REINVESTED. THE CHORUS MAY ALSO DRAW ON THE ENDOWMENT SHOULD IT LAUNCH A CAPITAL CAMPAIGN IN THE LONG TERM FUTURE. PART X, LINE 2: THE CHORUS HAS ADOPTED ASC 740, INCOME TAXES. UNDER ASC 740, THE CHORUS UTILIZES A TWO-STEP APPROACH TO RECOGNIZING AND MEASURING UNCERTAIN TAX POSITIONS (TAX CONTIGENCIES). THE FIRST STEP IS TO EVALUATE THE TAX POSITION FOR RECOGNITION BY DETERMINING IF THE WEIGHT OF AVAILABLE EVIDENCE INDICATES IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED ON AUDIT, INCLUDING RESOLUTION OF RELATED APPEALS OR LITIGATION PROCESSES. THE SECOND STEP IS TO MEASURE THE TAX BENEFIT AS THE LARGEST AMOUNT THAT IS MORE THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -26,502. PART XII, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -26,502. CRESCENDO 121967 121967 30000 1800 10948 OTHER EVENTS 143860 143860 265827 265827 30000 1800 10948 42748 223079 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY AN INDEPENDENT PUBLIC ACCOUNTING FIRM BASED ON AUDITED FINANCIAL STATEMENTS AND WITH THE ASSISTANCE OF THE ORGANIZATION'S FINANCE AND ACCOUNTING STAFF. THE TREASURER AND THE EXECUTIVE DIRECTOR REVIEW THE FINAL DRAFT OF THE 990. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. FOR DIRECTORS AND OFFICERS, THE EXECUTIVE DIRECTOR'S OFFICE REQUESTS COMPLETION OF AN ANNUAL DISCLOSURE FORM BY AUGUST 31 FOR ALL DIRECTORS AND OFFICERS. THE EXECUTIVE DIRECTOR ASSURES THAT ALL FORMS HAVE BEEN RECEIVED AND PREPARES A SUMMARY OF DISCLOSURES AND FORWARDS THE FORMS AND SUMMARY TO THE BOARD'S EXECUTIVE COMMITTEE, WHICH REVIEWS THE DISCLOSURES AND MAKES A REPORT TO THE BOARD AT ITS NEXT QUARTERLY MEETING. THE EXECUTIVE DIRECTOR ALSO SENDS THE SUMMARY TO THE EXTERNAL AUDITORS AND TAX PREPARERS FOR DISCLOSURE IN THE ANNUAL TAX FILINGS. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS FOR DETERMINING THE COMPENSATION OF THE EXECUTIVE DIRECTOR AND OTHER TOP MANAGEMENT OFFICIALS IS AS FOLLOWS: THE EXECUTIVE PERSONNEL COMMITTEE OF THE BOARD ANNUALLY ASSESSES APPROPRIATE COMPENSATION BY CONDUCTING A PERFORMANCE EVALUATION AND THEN LOOKING AT COMPARATIVE INDEPENDENT SURVEYS AND STUDIES, PRINCIPALLY THE COMPENSATION AND BENEFITS SURVEY PUBLISHED BY THE CENTER FOR NON-PROFIT MANAGEMENT, WHICH SUPPLIES DATA ACROSS THE SECTOR GATHERED FROM MORE THAN 256 NON-PROFIT ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS AUDITED FINANCIAL STATEMENTS AND FORM 990 FOR THE MOST RECENT THREE YEARS AVAILABLE TO THE PUBLIC UPON REQUEST. THE CONFLICT OF INTEREST POLICY AND OTHER GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER TAXES: PROGRAM SERVICE EXPENSES 1,196. MANAGEMENT AND GENERAL EXPENSES 312. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,508. CONTRACTORS AND CONSULTANTS: PROGRAM SERVICE EXPENSES 54,856. MANAGEMENT AND GENERAL EXPENSES 174,679. FUNDRAISING EXPENSES 48,100. TOTAL EXPENSES 277,635. PAYROLL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,820. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,820. FORM 990, PART XII, LINE 2C: THERE HAS BEEN NO CHANGE FROM THE PRIOR YEAR.