2013-11-13T15:53:36-06:00 2012-12-31 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 125 BAYLIS ROAD MELVILLE NY 117473823 990 2012-01-01 112548822 ISLIP ARTS COUNCIL INC ISLI 6312245420 50 IRISH LANE EAST ISLIP NY 11730 LYNDA MORAN 6312245420 2013-11-13 1 ELLEN M LABITA CPA PARTNER P00140777 6317527400 2012 2016-02-25 16:41:14Z LYNDA MORAN 50 IRISH LANE EAST ISLIP NY 11730 441479 0 X WWW.ISLIPARTS.ORG X 1979 NY THE ISLIP ARTS COUNCIL IS DEDICATED TO LEADERSHIP, ADVOCACY AND EXCELLENCE IN THE ARTS BY PRESENTING, PRODUCING AND PROMOTING CULTURALLY RESPONSIVE, HIGH QUALITY PROGRAMS FOR DIVERSE POPULATIONS IN VARIED ARTISTIC DISCIPLINES. IN PARTNERSHIP WITH LOCAL, STATE, FEDERAL AND PRIVATE ORGANIZATIONS, OUR GOAL IS TO FACILITATE THESE PROGRAMS IN RESPONSE TO THE NEEDS OF OUR COMMUNITY AND LONG ISLAND AT LARGE. 10 10 13 60 0 0 425793 355651 63650 85828 0 0 0 0 489443 441479 0 0 0 0 234974 207306 0 0 39039 306504 209394 541478 416700 -52035 24779 8900 13018 73715 53054 -64815 -40036 X THE ISLIP ARTS COUNCIL IS DEDICATED TO LEADERSHIP, ADVOCACY AND EXCELLENCE IN THE ARTS BY PRESENTING, PRODUCING AND PROMOTING CULTURALLY RESPONSIVE, HIGH QUALITY PROGRAMS FOR DIVERSE POPULATIONS IN VARIED ARTISTIC DISCIPLINES. IN PARTNERSHIP WITH LOCAL, STATE, FEDERAL AND PRIVATE ORGANIZATIONS, OUR GOAL IS TO FACILITATE THESE PROGRAMS IN RESPONSE TO THE NEEDS OF OUR COMMUNITY AND LONG ISLAND AT LARGE. 0 0 154934 33876 MUSEUM PROGRAMS - THE COUNCIL HAS AN AGREEMENT WITH THE TOWN OF ISLIP TO MANAGE AND ADMINISTER THE ISLIP ART MUSEUM (THE "MUSEUM"). THE COUNCIL IS PAID AN ADMINISTRATIVE FEE FOR ITS SERVICES AND IS REQUIRED TO PAY CERTAIN EXPENSES OF OPERATING THE MUSEUM. THE COUNCIL ALSO RETAINS A PORTION OF CERTAIN NET REVENUES EARNED BY THE MUSEUM. 120644 53952 ARTS PROGRAMS - PROVIDE PROGRAMS IN MUSIC GENRES INCLUDING CHAMBER MUSIC, JAZZ, CLASSICAL, POPULAR AND MORE TO THE TOWN OF ISLIP AND LONG ISLAND. 275578 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 28 0 1 13 1 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 NY X LYNDA MORAN EXECUTIVE DIRECTOR 6312245420 50 IRISH LANE EAST ISLIP NY 11730 X LILLIAN BARBASH 1.00 0.00 X 0 0 0 NICK WARTELLA 1.00 0.00 X X 0 0 0 AMY MCGRATH 1.00 0.00 X X 0 0 0 JAMES CASSARA 1.00 0.00 X X 0 0 0 LYNDA A MORAN 40.00 0.00 X X 62700 0 15815 PHYLLIS OZARIN 1.00 0.00 X X 0 0 0 NORMA DOWNEY 1.00 0.00 X 0 0 0 DAVID A GABAY ESQ 1.00 0.00 X 0 0 0 DON LANG 1.00 0.00 X 0 0 0 GERARD MCLEOD 1.00 0.00 X 0 0 0 JAMES D SUTTON 1.00 0.00 X 0 0 0 SHARON WAY-HOWARD 1.00 0.00 X 0 0 0 ARTHUR GOODMAN THRU 7312 1.00 0.00 X 0 0 0 BARBARA PAUL THRU 72012 1.00 0.00 X 0 0 0 JOLEE THAYER THRU 92312 1.00 0.00 X 0 0 0 DAVE MOSHINSKY 1.00 0.00 X 0 0 0 62700 0 15815 0 0 0 0 0 190245 165406 355651 TICKET & PROGRAM REVEN 711190 85828 85828 85828 441479 85828 0 0 78515 58886 19629 114433 46113 43741 24579 2999 1028 1971 11359 4049 5238 2072 12713 12713 22200 16723 1663 3814 ARTISTS & MUSICIANS 96683 96465 218 EVENT EXPENSE 41097 40955 46 96 OUTSIDE FEES & SERVICES 18141 4664 7477 6000 TECHNICAL PRODUCTION 614 614 17946 7109 10330 507 416700 275578 102083 39039 8866 8237 4 4 4747 9100 9100 0 0 30 30 8900 13018 73395 42854 320 200 10000 73715 53054 X -64815 -40036 0 0 0 0 -64815 -40036 8900 13018 24779 0 X 0 1 X 0 0 X 233828 195593 259613 425793 355651 1470478 233828 195593 259613 425793 355651 1470478 20506 1449972 1199 178 1377 1471855 231189 0.98510 0.99360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9100 9100 0 0 X 497889 56410 56410 441479 0 441479 473110 56410 56410 416700 0 416700 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: MANAGEMENT HAS EVALUATED THE COUNCIL'S TAX POSITIONS AND CONCLUDED THAT THE COUNCIL HAS NOT TAKEN ANY UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF ACCOUNTING STANDARDS CODIFICATION 740. GENERALLY, THE COUNCIL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATION BY U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2009, WHICH IS THE STANDARD STATUTE OF LIMITATIONS LOOK-BACK PERIOD. NICK WARTELLA OFFICER SUPPORT X 5000 5000 0 1 0 CAROLYN DAHAB FORMER BOARD MEMBER SUPPORT X 5000 5000 0 1 0 10000 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THEN A COPY IS DISTRIBUTED TO THE BOARD. THEN THE FORM 990 IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH RESPONSIBLE PERSON SHALL BE REQUIRED TO REVIEW A COPY OF THE CONFLICT OF INTEREST POLICY AND TO ACKNOWLEDGE IN WRITING THAT HE OR SHE HAS DONE SO. EACH RESPONSIBLE PERSON SHALL COMPLETE ANNUALLY A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES IN WHICH THE RESPONSIBLE PERSON IS INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST ARISING. THE POLICY SHALL BE REVIEWED ANNUALLY BY EACH MEMBER OF THE BOARD OF DIRECTORS. ANY CHANGES TO THE POLICY SHALL BE COMMUNICATED TO ALL RESPONSIBLE PERSONS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART VII, LINE 1, SECTION A: LYNDA A. MORAN IS COMPENSATED AS OFFICER OF THE ORGANIZATION AND NOT AS A BOARD MEMBER OF THE ORGANIZATION.