2015-07-14T15:54:06-05:00 2014-08-31 111986323 MARCUM LLP 101 MONTGOMERY STREET 1900 SAN FRANCISCO CA 94104 990 2013-09-01 942576101 GOLDEN GATE PERFORMING ARTS INC GOLD 4158653650 398 11TH STREET NO 300 SAN FRANCISCO CA 94103 JUSTIN TAYLOR OFFICER 4158653650 2015-07-13 1 STEVEN H BOULTBEE P01228676 4154326200 2013 2016-02-25 16:41:14Z JUSTIN TAYLOR 398 11TH STREET NO 300 SAN FRANCISCO CA 94103 1973200 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 1527062 1323565 563187 528078 20679 12371 -21566 -18889 2089362 1845125 0 0 0 0 277378 370546 0 0 57182 1073160 1055991 1350538 1426537 738824 418588 1485301 1884792 129141 80976 1356160 1803816 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 458591 491301 BRING HARMONY TO THE WORLD THROUGH CHORAL PRESENTATIONS. 27958 29740 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. 486549 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 27 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 BARBARA KELLER 4158653650 398 11TH STREET SUITE 300 SAN FRANCISCO CA 94103 TIMOTHY SEELIG ARTISTIC DIRECTOR 40.00 X 104000 0 0 JON CARROLL MANAGING DIRECTOR 40.00 X 92000 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 MALANE 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 196000 0 0 1 0 0 0 0 164414 65625 60750 1032776 1323565 ADMISSIONS 711130 438944 438944 TOURING AND OUTREACH 711130 29740 29740 SERVICE FEES 900099 26470 26470 STREET FAIRS 711130 23504 23504 RENTAL AND LINCENSING 621610 9000 9000 420 420 528078 2034 2034 10337 0 10337 10337 10337 69964 65625 81816 -11852 -11852 39222 46259 -7037 -7037 1845125 521041 0 519 X 196000 196000 125601 125601 23939 1764 22175 25006 25006 11185 11185 9950 9950 5007 5007 307843 63756 219877 24210 37244 37244 51622 8473 30949 12200 10683 4737 5446 500 21409 21360 49 139932 30900 107032 2000 35146 29932 1146 4068 8929 3940 4689 300 183 183 1639 1639 7965 7965 HALL RENTAL 138331 138331 PRODUCTION EXPENSE 93109 93109 EMPLOYEE RECRUITMENT 40735 40735 BANK FEES 25847 12128 13719 109232 78119 17209 13904 1426537 486549 882806 57182 154218 198186 821617 550280 11446 14444 14384 96025 14476 10718 5397 3758 0 517215 492623 490500 1485301 1884792 38896 38312 90245 42664 129141 80976 X 777629 1158612 245234 311907 333297 333297 1356160 1803816 1485301 1884792 418588 29068 0 X 0 1 X 1 0 X 512649 1007106 891216 1527062 1323565 5261598 512649 1007106 891216 1527062 1323565 5261598 825149 4436449 2029 5137 3815 3299 2034 16314 84027 88730 137158 83840 109186 502941 5780853 0.76740 0.70750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 408144 41440 13484 436100 377172 40741 9769 408144 342698 42132 7658 377172 122979 224000 -1081 3200 342698 89111 27569 7771 1472 122979 0.82000 0.18000 1 0 14476 10718 3758 3758 7,834.987 SHS OF DODGE & COX GLOBAL STOCK 100601 C 753.771 SHS OF FIDELITY ADV EQTY GROWTH 74978 F 4,657.662 SHS OF JANUS CONTRARION FD CL T 107732 F 3,010.101 SHS OF MATTHEWS ASIAN GROWTH 60924 F 5,280.771 SHS OF PEAR TREE POLARIS 100440 F 1,312.364 SHS OF SOUND SHORE INVESTOR 69897 F SCHWAB GOVT MONEY MARKET 2643 F 517215 BENEFICIAL INTEREST IN ENDOWMENT 436100 GRANTS RECEIVABLE- LT 54400 490500 X 2008568 29068 6300 35368 1973200 -128075 -128075 1845125 1560912 6300 6300 1554612 -128075 -128075 1426537 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 -46,259. FUNDRAISING EXPENSES -81,816. PART XII, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -46,259. FUNDRAISING EXPENSES -81,816. EVENTS 135589 65625 69964 4345 20000 12763 1700 43008 135589 65625 69964 4345 20000 12763 1700 43008 81816 -11852 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 579. MANAGEMENT AND GENERAL EXPENSES 464. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,043. CONTRACTORS AND CONSULTANTS: PROGRAM SERVICE EXPENSES 63,177. MANAGEMENT AND GENERAL EXPENSES 216,105. FUNDRAISING EXPENSES 24,210. TOTAL EXPENSES 303,492. PAYROLL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,308. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,308.