2026-02-05T10:05:43-06:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2024-07-01 560693436 ARTS & SCIENCE COUNCIL CHARLOTTE/MECKLENBURG INC ARTS 7043332272 220 NORTH TRYON STREET CHARLOTTE NC 28202 ADAM SANTALLA PRESIDENT 7043332272 2026-01-30 1 1 KATHRINE A WARLICK P02065266 7049985200 2026-01-30 2024 2025-03-06 01:10:19Z X ADAM SANTALLA 220 NORTH TRYON STREET CHARLOTTE NC 28202 539835 0 X WWW.ARTSANDSCIENCE.ORG X 1958 NC MOVING US TOWARD A MORE EQUITABLE, SUSTAINABLE AND INNOVATIVE CREATIVE ECOSYSTEM. X 16 16 18 75 0 0 7659124 476470 0 0 6203 1013 373390 62352 8038717 539835 6301799 0 0 0 1752615 440152 0 0 211706 1506191 639323 9560605 1079475 -1521888 -539640 42186545 0 6896464 0 35290081 0 X THE ARTS & SCIENCE COUNCIL (ASC) IS THE COMMUNITY'S CHIEF ADVOCATE FOR ARTS, SCIENCE, HISTORY AND HERITAGE, A GATHERER AND STEWARD OF PUBLIC AND PRIVATE COMMUNITY RESOURCES, AN INVESTOR OF THOSE RESOURCES IN THE CULTURAL SECTOR AND COMMUNITY, THE STRATEGIC PLANNER FOR THE COMMUNITY'S CULTURAL SECTOR, AND THE PUBLIC ART AGENT FOR THE CITY OF CHARLOTTE AND MECKLENBURG COUNTY. THE MISSION OF THE ORGANIZATION IS INVESTING IN PEOPLE, PROGRAMS AND IDEAS THAT MOVE US TOWARD A MORE EQUITABLE, SUSTAINABLE AND INNOVATIVE CREATE ECOSYTEM. THE VISION IS AN EQUITABLE, CONNECTED COMMUNITY WHERE CREATIVITY IS CENTRAL, CELEBRATED AND SUPPORTED. 0 1 422040 ASC'S ARTIST SUPPORT GRANTS FUND PROFESSIONAL AND ARTISTIC DEVELOPMENT FOR EMERGING AND ESTABLISHED ARTISTS TO ENHANCE THEIR SKILLS AND ABILITIES TO CREATE NEW WORK OR IMPROVE THEIR BUSINESS OPERATIONS AND CAPACITY TO BRING THEIR WORK TO NEW AUDIENCES 282900 62352 THE ARTS & SCIENCE COUNCIL PROVIDES MANAGEMENT SERVICES FOR THE CITY OF CHARLOTTE, MECKLENBURG COUNTY, AND OTHER PRIVATE PARTNERS TO ENSURE EXCELLENCE AND RELEVANCE OF PUBLIC ART PROGRAMMING AND INSTALLATION 704940 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 1 166 0 1 18 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NC X X ADAM SANTALLA 7043353050 220 NORTH TRYON STREET CHARLOTTE NC 28230 TONY PEREZ BOARD CHAIR 3.00 X X 0 0 0 TIM MILLER CHAIR-ELECT 3.00 X X 0 0 0 MIKE VASAUNE IMMEDIATE PAST CHAIR 3.00 X X 0 0 0 SUSAN PATTERSON VICE-CHAIR 3.00 X X 0 0 0 DURRAL GILBERT TREASURER 3.00 X X 0 0 0 NALAN KARAKAY MULDER SECRETARY 3.00 X X 0 0 0 GEORGE DUNLAP MEMBER 1.00 X 0 0 0 TIFFANY FULLER MEMBER 1.00 X 0 0 0 DAVID GALL MEMBER 1.00 X 0 0 0 MICHELE GLESSNER MEMBER 1.00 X 0 0 0 LESLIE JOHNSON MEMBER 1.00 X 0 0 0 MARCIE KELSO MEMBER 1.00 X 0 0 0 RUSTY KNOX MEMBER 1.00 X 0 0 0 SAMANTHA SOSA MEMBER 1.00 X 0 0 0 HUY VU MEMBER 1.00 X 0 0 0 DENYTRA LOGAN WHITNER MEMBER 1.00 X 0 0 0 KRISTA TERRELL PRESIDENT (THRU 1/24) 40.00 X 7120 0 85 ADAM SANTALLA PIERCE INTERIM PRESIDENT (AS OF 6/24) 40.00 X 76788 0 225 83908 0 310 0 0 0 0 0 428245 48225 476470 1013 1013 62352 0 62352 62352 62352 539835 62352 0 1013 83908 35942 36235 11731 173034 102114 16417 54503 95439 40881 41215 13343 62655 26838 27057 8760 25116 10758 10846 3512 715 366 113 236 1751 151 1600 42868 280 527 42061 4039 2919 363 757 51326 22705 3595 25026 130425 77851 17033 35541 10878 5438 3233 2207 11486 6856 1500 3130 26356 15732 3442 7182 2118 1264 277 577 ARTS AND SCIENCE EDUCAT 335419 335419 PROCESSING FEES 17894 16780 614 500 MISCELLANEOUS 2550 1700 850 DUES AND SUBCRIPTIONS 961 409 362 190 537 537 1079475 704940 162829 211706 341 0 5901465 0 1865329 0 0 0 0 0 0 67247 0 0 0 857019 0 0 32018453 0 0 0 1476691 0 42186545 0 388505 0 3068596 0 1939363 0 1500000 0 6896464 0 X 2680365 0 32609716 0 35290081 0 42186545 0 X -539640 -34750441 X X 0 1 X 1 0 X 11546800 8081427 9343333 7659124 476470 37107154 11546800 8081427 9343333 7659124 476470 37107154 37107154 704 4152 6203 1013 12072 57627 57627 37176853 1076234 0.99810 0.99850 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2020 AMOUNT: $ 57,627. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30518453 31250 1344263 31893966 28341370 3337936 1092170 68683 30518453 26573419 1977136 144000 65185 28341370 30731842 500000 -3347406 1259643 51374 26573419 24774590 250000 7434962 1656646 71064 30731842 1 0 0 X 492175 15705 15705 476470 63365 63365 539835 1079475 0 1079475 0 1079475 PART V, LINE 4: ASC'S ENDOWMENT FUNDS WERE TRANSFERRED TO A SUCCESSOR, TAX EXEMPT ORGANIZATION PRIOR TO THE END OF THE FISCAL YEAR. PART X, LINE 2: ASC IS EXEMPT FROM FEDERAL INCOME TAX UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). IN ACCORDANCE WITH IRC REGULATIONS, ASC IS TAXED ON UNRELATED BUSINESS INCOME, WHICH CONSISTS OF EARNINGS FROM ACTIVITIES NOT RELATED TO THE EXEMPT PURPOSE OF ASC. ASC ACCOUNTS FOR TAX UNCERTAINTIES BASED ON A MORE LIKELY THAN NOT RECOGNITION THRESHOLD WHEREBY TAX BENEFITS ARE ONLY RECOGNIZED WHEN ASC BELIEVES THAT THEY HAVE A GREATER THAN 50% LIKELIHOOD OF BEING SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES PART XI, LINE 2D - OTHER ADJUSTMENTS: ALLOCATION OF ALLOWABLE ENDOWMENT BEFORE SPENDING 15,705. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL INCOME 62,352. INVESTMENT INCOME 1,013. FFTC ENDOWMENT ACCOUNTS TRANSFERRED TO ARTS SCIENCES & CULTURAL COUNCIL OF CHARLOTTE MECKLENBURG. 2024-09-13 31878261 ACTUAL MARKET PRICE FOR PUBLICLY TRADED SECURITIES 994002299 ARTS SCIENCES & CULTURAL COUNCIL OF CHARLOTTE MECKLENBURG INC 220 NORTH TRYON STREET CHARLOTTE NC 28230 501(C)(3) PUBLIC ART CASH TRANSFER FROM ASC TO ASCC 2024-09-13 3913241 CASH 994002299 ARTS SCIENCES & CULTURAL COUNCIL OF CHARLOTTE MECKLENBURG INC 220 NORTH TRYON STREET CHARLOTTE NC 28230 501(C)(3) OPERATING CASH TRANSFER FROM ASC TO ASCC 2024-09-13 2004815 CASH 994002299 ARTS SCIENCES & CULTURAL COUNCIL OF CHARLOTTE MECKLENBURG INC 220 NORTH TRYON STREET CHARLOTTE NC 28230 501(C)(3) TRANSFER OF PROPERTY AND EQUIPMENT 2024-09-13 830664 BOOK VALUE 994002299 ARTS SCIENCES & CULTURAL COUNCIL OF CHARLOTTE MECKLENBURG INC 220 NORTH TRYON STREET CHARLOTTE NC 28230 501(C)(3) 1 0 0 0 1 1 1 1 0 PART I, LINE 2E: PERSON(S) INVOLVED: ADAM SANTALLA PART I, LINE 2E: EXPLANATION OF INVOLVEMENT: ADAM SANTALLA WAS THE PRESIDENT OF ASC AND NOW HE IS THE PRESIDENT OF ASCC. FORM 990, PART III, LINE 3 THE ARTS & SCIENCE COUNCIL (ASC) ENDED PROGRAM OPERATIONS ON 9/12/2024. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD TREASURER AND CONTROLLER EACH REVIEW A DRAFT OF THE 990 IN DETAIL. UPON THEIR ACCEPTANCE OF THE DOCUMENT, THE FORM 990 IS SHARED WITH THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MEMBERS AND STAFF ARE PROVIDED A COPY OF THE CONFLICT OF INTEREST POLICY EACH JULY AND ASKED TO REVIEW AND SIGN THE FORM INDICATING THEY HAVE READ THE POLICY AND MADE ANY APPROPRIATE DISCLOSURES. SHOULD A CONFLICT EXIST ON A MATTER COMING TO A VOTE, THE MEMBER WITH THE CONFLICT WOULD EXCUSE HIMSELF/HERSELF FROM THE VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S COMPENSATION IS ESTABLISHED ANNUALLY BY THE OFFICERS OF THE BOARD OF DIRECTORS. COMPENSATION ADJUSTMENTS ARE MADE BASED ON INDIVIDUAL PERFORMANCE (AS DETERMINED THROUGH A 360 DEGREE REVIEW), MARKET CONDITIONS, AND COMPARABLE NONPROFIT PEER COMPENSATION. DISCUSSIONS ARE DOCUMENTED IN THE MEETING MINUTES. THE OFFICERS OF THE BOARD OF DIRECTORS ALSO ESTABLISH THE PRESIDENT'S ANNUAL PERFORMANCE BONUS BASED ON ORGANIZATIONAL AND PERSONAL PERFORMANCE WITHIN THE GUIDELINES OF THE BONUS PROGRAM APPROVED BY THE BOARD OF DIRECTORS. THE PRESIDENT IS RESPONSIBLE FOR ESTABLISHING THE SALARIES OF HIS DIRECT REPORTS, INCLUDING KEY EMPLOYEES. COMPENSATION ADJUSTMENTS FOR KEY EMPLOYEES ARE SHARED WITH THE OFFICERS OF THE BOARD OF DIRECTORS TO ENSURE REASONABLENESS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: TRANSFER OF NET ASSETS TO SUCCESSOR EXEMPT ORGANIZATION -34,750,441. FORM 990, PART XII, LINE 2C: PROCESS IS UNCHANGED FROM PRIOR YEAR. GREATER CHARLOTTE CULTURAL TRUST 217 S TRYON ST CHARLOTTE NC 28202 820576292 ENDOWMENT INVESTMENT & ADMINISTRATION NC 501(C)(3) LINE 12A, I 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0