2013-04-19T14:49:16-05:00 2011-12-31 133597814 SKODY SCOT & CO CPAS PC 520 EIGHTH AVE SUITE 2200 NEW YORK NY 10018 990 2011-01-01 134100310 AMERICAN FRIENDS OF LUDWIG FOUNDATION OF CUBA AMER 2126283494 3 E 69TH STREET NEW YORK NY 10021 CAROLE ROSENBERG 2126283494 2013-04-18 1 LAURENCE SCOT MBA CPA P00632647 2129671100 2013-04-19 2011 2016-03-07 17:11:31Z X CAROLE ROSENBERG 3 E 69TH STREET NEW YORK NY 10021 451532 0 X WWW.AFLFC.ORG X 2000 NY BUILD CULTURAL BRIDGES BETWEEN THE U.S. AND CUBA THROUGH PROGRAMS IN THE ARTS 11 10 1 0 0 0 166694 156651 234216 217229 7 -113746 0 12609 400917 272743 12400 0 0 0 47052 78501 0 0 8720 304724 339467 364176 417968 36741 -145225 3121091 952658 32808 253596 3088283 699062 BUILD CULTURAL BRIDGES BETWEEN THE U.S. AND CUBA THAT PROVIDE OPPORTUNITIES FOR THE EXCHANGE OF ARTISTIC IDEAS AND INFORMATION. 0 0 197339 196604 CULTURAL EXCHANGE - ORGANIZING TRIPS WHICH PROVIDE AMERICAN AND CUBAN ARTISTS, SCHOLARS,RESEARCHERS, EDUCATORS AND OTHERS, WITH EXTRAORDINARY OPPORTUNITIES TO BROADEN THEIR UNDERSTANDING OF THE ARTS, ENHANCE THEIR PROFESSIONAL CAREERS AND ENRICH AND EXPAND CREATIVE EXPRESSION. 122630 20625 FILM FESTIVAL - AN ANNUAL FESTIVAL WHERE NEW LATIN AMERICAN CINEMA, WITH A STRONG FOCUS ON CUBA, IS PRESENTED ALONG WITH EDUCATIONAL PROJECTS SUCH AS PANEL DISCUSSIONS AND QUESTION AND ANSWER SESSIONS WITH FILMMMAKERS. 319969 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 6 0 1 1 1 0 0 0 0 0 0 0 0 0 X 11 10 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 NY X THE ORGANIZATION 2126283494 3 E 69TH STREET NEW YORK NY 10021 X CAROLE ROSENBERG 30.00 X X 0 0 0 EDWARD SULLIVAN 1.00 X X 0 0 0 JENNIFER FREEMAN 1.00 X X 0 0 0 ROSA TEJADA 1.00 X X 0 0 0 CLAYTON KIRKING 1.00 X X 0 0 0 HELMO HERNANDEZ 0.50 X 0 0 0 PARI SHIRAZI 0.50 X 0 0 0 ANN MARIE STOCK 0.50 X 0 0 0 ERICA HARTMAN-HORVITZ 0.50 X 0 0 0 HELENA VIDAL 0.50 X 0 0 0 WILLIAM D ZABEL 0.50 X 0 0 0 0 0 0 0 0 0 0 0 5323 151328 39548 156651 CUBA CULTURAL EXCHANGE 900099 196604 196604 HAVANA FILM FESTIVAL 900099 20625 20625 217229 4 4 3750 117500 -113750 -113750 -113750 73548 61289 12259 12259 OTHER INCOME 900099 350 350 350 272743 103829 0 12263 20000 8000 4000 8000 52000 36400 15600 6501 4010 1771 720 7500 7500 26833 21950 4883 6139 5692 447 19303 6930 12373 3565 3344 221 39921 17110 22811 3246 3246 4781 4781 TRAVEL, HOTELS & MEETIN 172096 169796 2300 PROGRAM EXPENSES 24570 24570 CATERERS & FOOD 15866 15693 173 PRINTING & DESIGN 10275 6474 3801 5372 5372 417968 319969 89279 8720 X 21800 8720 4360 8720 57410 2952 7505 127108 23959 35049 7108 5678 27941 766950 3050498 3748 3121091 952658 30001 134317 32808 69278 0 20000 32808 253596 X 3088283 699062 3088283 699062 3121091 952658 X -145225 -2243996 X 0 1 0 X 0 X 781230 2477571 53591 166694 156651 3635737 781230 2477571 53591 166694 156651 3635737 3635737 4 4 12609 12609 3648350 217229 0.99650 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 34599 7033 27566 450 75 375 27941 ARTWORK 766950 F 766950 ACCRUED OFFICER SALARY 20000 20000 272743 417968 -145225 -2600200 356204 -2243996 -2389221 -2119282 -2600200 208175 -2392025 272743 0 272743 626143 208175 208175 417968 0 417968 GALA 73548 73548 10146 778 50365 73548 73548 10146 778 50365 61289 12259 CAROLE ROSENBERG WORKING CAPITAL X 69808 69278 0 1 0 69278 X 1 5000 FMV X OTHER AUCTION ITEMS 30 34548 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 FAMILY RELATIONSHIP: BOARD MEMBERS EDWARD SULLIVAN & CLAYTON KIRKING ARE MARRIED. FORM 990, PART VI, SECTION B, LINE 11 THE COMPLETED 990 IS REVIEWED BY THE BOARD PRESIDENT AND ONCE APPROVED IT IS FILED WITH THE IRS. AFTER IT IS FILED, THE BOARD OF DIRECTORS ARE NOTIFIED THAT THE 990 WAS REVIEWED AND APPROVED AND A COPY OF THE RETURN IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ENFORCES THE CONFLICT OF INTEREST POLICY BY MONITORING ANY CHANGES IN DISCLOSED INFORMATION. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -2,600,200. PRIOR PERIOD ADJUSTMENTS: 356,204. TOTAL TO FORM 990, PART XI, LINE 5: -2,243,996. CHANGES ARE DUE TO FILING AN AMENDED RETURN FORM 990, SCHEDULE A & ALL STATEMENTS UPON COMPLETION OF INDEPENDENT FINANCIAL AUDIT, AMOUNTS AND DISCLOSURES ON MOST PARTS OF THE ORIGINALLY FILED 990 RETURN CHANGED. THE FOLLOWING IS A SUMMARY OF ORIGINALLY REPORTED AMOUNTS: 990, PAGE 1 TOTAL REVENUE (LINE 12) 371,210 TOTAL EXPENSE (LINE 18) 436,776 --------- REVENUE LESS EXPENSES (LINE 19) ( 65,566) ========= 990, PAGE 1 TOTAL ASSETS (LINE 20) 819,312 TOTAL LIABILITIES (LINE 21) 211,795 --------- NET ASSETS OR FUND BALANCES (LINE 22) 607,517 =========