2014-03-14T08:25:41-05:00 2013-09-30 132738625 DDK & COMPANY LLP ONE PENN PLAZA 4TH FLR NEW YORK NY 10119 990 2012-10-01 274099544 NEWPORT FESTIVALS FOUNDATION INC NEWP 2124523036 150 EAST 69TH STREET NO 27K NEW YORK NY 10021 GEORGE WEIN 2124523036 2014-03-06 1 JEFFREY FEINMAN P00227146 2129970600 2012 2015-11-30 17:44:51Z GEORGE WEIN 150 EAST 69TH STREET APT 27K NEW YORK NY 10021 5541291 0 X WWW.NEWPORTFESTIVALSFOUNDATION.ORG X 2010 DE TO MAINTAIN THE NEWPORT JAZZ FESTIVAL AND NEWPORT FOLK FESTIVAL. 16 12 238 175 0 0 814414 1055518 3541292 4403480 4254 7653 2859 14413 4362819 5481064 12500 1000 0 0 917077 1033737 0 0 5208 2904009 3281788 3833586 4316525 529233 1164539 1696441 2878597 65989 80970 1630452 2797627 X THE MISSION OF THE NEWPORT FESTIVALS FOUNDATION IS TO PRESENT ALL FORMS OF JAZZ AND FOLK MUSIC FROM YESTERDAY, TODAY, AND TOMORROW AND TO ENCOURAGE, PROMOTE, AND EDUCATE THE COMMUNITY ABOUT FOLK AND JAZZ MUSIC. 0 0 3888980 1000 4454504 TO MAINTAIN THE FAMED NEWPORT JAZZ FESTIVAL AND THE NEWPORT FOLK FESTIVAL IN PERPETUITY, TO BE PRESENTED AT HISTORIC LOCATIONS, INCLUDING FORT ADAMS STATE PARK AND OTHER FACILITIES IN NEWPORT, RI; TO CONTINUE THE NEWPORT JAZZ FESTIVAL AS IT HAS SINCE 1954 IN THE PRESENTATION OF THE GREATEST JAZZ PERFORMERS WHO FOLLOW THE TRADITIONS OF NEW ORLEANS, SWING, BEBOP AND MODAL AS THE CORE AND HEART OF JAZZ MUSIC; AND TO CONTINUE THE NEWPORT FOLK FESTIVAL BY MAINTAINING THE EXCELLENCE OF FOLK ARTISTS AS IT HAS SINCE 1959, IN THE TRADITION OF PETE SEEGER, JOAN BAEZ, BOB DYLAN AND OTHERS;TO REALIZE THAT JAZZ AND FOLK MUSIC AS WITH ANY ART FORM, IS AN EVER-EVOLVING CULTURAL EXPRESSION WHICH ENCOURAGES AND RECOGNIZES THE FREEDOM OF CREATIVITY NECESSARY TO THE GROWTH AND CONTINUING VITALITY OF THIS MUSIC; TO PRESENT PERFORMERS WHO RESPECT AND HONOR FOLK MUSIC TRADITIONS, AND AT THE SAME TIME REFLECT THE CHANGES IN TODAY'S MUSICAL TRENDS; TO PRESENT ALL FORMS OF JAZZ AND FOLK MUSIC FROM YESTERDAY, TODAY AND TOMORROW; TO BRING JAZZ ARTISTS FROM AROUND THE WORLD TO THE FESTIVAL, SINCE JAZZ IS NO LONGER JUST "AMERICA'S MUSIC", BUT HAS INFLUENCED MUSICIANS FROM ALL OVER THE GLOBE; TO CREATE PARTNERSHIPS AROUND THE WORLD WHICH WOULD INVITE AMERICAN MUSICIANS UNDER THE NEWPORT JAZZ FESTIVAL OR NEWPORT FOLK FESTIVAL BANNER TO THEIR FESTIVALS. 3888980 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 101 0 238 1 0 0 0 0 0 1 1 0 0 X 16 12 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 NY RI DE MA X X GEORGE WEIN 2124523036 150 EAST 69TH STREET APT 27K NEW YORK NY 10021 GEORGE WEIN 40.00 X 0 0 0 ELLIOT HOFFMAN 40.00 X 0 0 0 BRUCE TRAUNER 40.00 X 0 0 0 DEBORAH ROSS 40.00 X 89308 0 0 JILL DAVIDSON 40.00 X 109308 0 0 MELANIE NANEZ 1.00 X 0 0 0 JAMES BILDNER 1.00 X 0 0 0 PATRICIA BLANCHET 1.00 X 0 0 0 JEROME A CHAZEN 1.00 X 0 0 0 BRUCE S GORDON 1.00 X 0 0 0 VIKAS KAPOOR 1.00 X 0 0 0 WILLIAM LEWIS JR 1.00 X 0 0 0 JONATHAN NELSON 1.00 X 0 0 0 NICHOLAS L PELL 1.00 X 0 0 0 WILLIAM VAREIKA 1.00 X 0 0 0 WARD MOONEY 1.00 X 0 0 0 HERB CHEESEBROUGH 40.00 X 23077 0 0 C RONALD MACKENSIE 1.00 X 0 0 0 ALBERT JAY SWEET 40.00 X 168776 0 0 390469 0 0 2 0 1 0 MEDIA LLC 28 SULLIVAN LANE BRISTOL RI 02809 ADVERTISING 137495 1 239584 815934 55340 1055518 FOLK FESTIVAL 711190 2504010 2504010 JAZZ FESTIVAL 711190 1318611 1318611 FOLK FRIDAY EVENT 711190 340368 340368 JAZZ CONCERT 711190 240491 240491 4403480 7653 7653 23616 239584 60227 -36611 -36611 COMMISSIONS 711190 39315 39315 ARTIST SHARE 711190 11709 11709 51024 5481064 4454504 0 -28958 X 1000 1000 357139 267639 89500 541278 517647 23631 56774 56774 78546 69622 8924 20000 20000 84451 84451 185730 184943 787 11380 11380 105731 69206 20025 16500 120336 105009 14791 536 8678 8678 71435 55084 16351 ARTIST FEES 1235128 1234300 828 PRODUCTION COSTS 889843 833961 12811 43071 FOOD AND BEVERAGE COSTS 214004 214004 CONTRACT SERVICES 174494 136686 33308 4500 160578 199879 20926 -60227 4316525 3888980 422337 5208 1371576 2772446 250000 32500 38124 15136 5335 32229 27498 17011 16667 10487 11610 14246 3129 1553 1696441 2878597 62827 80119 3162 851 65989 80970 X 1612924 2796709 17528 918 1630452 2797627 1696441 2878597 1164539 2636 0 X X 0 0 0 X 3483593 4355706 5473411 13312710 174985 8673 183658 3658578 4364379 5473411 13496368 0 0 0 13496368 3658578 4364379 5473411 13496368 1.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 27498 17011 10487 10487 OTHER CURRENT LIABILITIES 851 851 5483700 2636 2636 5481064 0 5481064 4316525 0 4316525 0 4316525 GALA 263200 239584 23616 23616 36611 263200 239584 23616 23616 36611 60227 -36611 0 0 0 0 0 0 0 0 0 ALBERT JAY SWEET 168776 0 0 0 0 0 0 0 0 0 168776 0 0 0 BRUCE TRAUNER VICE PRESIDENT 27200 LEGAL FEES 0 ELLIOT HOFFMAN TREASURER AND VICE PRESIDENT N/A 0 X 4 39641 RETAIL VALUE X BANJO 1 2199 RETAIL VALUE X GUITAR 1 7500 RETAIL VALUE X ADVERTISING 1 6000 MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 ELLOIT HOFFMAN AND BRUCE TRAUNER ARE BOTH PARTNERS IN BELDOCK LEVINE & HOFFMAN LLP. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS REVIEWS THE INCOME AND EXPENSES AND BALANCE SHEET ITEMS AND COMPARES THEM TO THE YEARLY BUDGET. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY THROUGH THE PROCEDURES OUTLINED IN ITS WRITTEN CONFLICT OF INTEREST POLICY, INCLUDING ANNUAL STATEMENTS BY DIRECTORS AND OFFICERS, PERIODIC REVIEWS, AND THE ABILITY TO USE OUTSIDE EXPERTS IF NEEDED. COMPENSATION IS PAID TO THE ORGANIZATION'S CEO, EXECUTIVE DIRECTOR, OR KEY EMPLOYEES AFTER APPROVAL OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST DURING REGULAR BUSINESS HOURS AT THE LOCATION SPECIFIED IN PART VI, SECTION C, LINE 20. THE PROCESS HAS NOT CHANGED