2013-11-15T09:52:50-06:00 2012-12-31 271386100 GUNNING STENSON & PRICE CPA PS 10655 NE FOURTH ST SUITE 611 BELLEVUE WA 98004 990 2012-01-01 910963132 PILCHUCK GLASS SCHOOL PILC 2066218422 430 YALE AVENUE NORTH SEATTLE WA 981095431 JOHN PRICE 2066218422 2013-11-14 1 JOHN R PRICE P00236793 4254629389 2012 2016-03-07 17:11:31Z JAMES BAKER 430 YALE AVENUE NORTH SEATTLE WA 981095431 7467323 0 X WWW.PILCHUCK.COM X SCHOOL 1971 WA PILCHUCK GLASS SCHOOL INSPIRES CREATIVITY, TRANSFORMS INDIVIDUALS, AND BUILDS COMMUNITY. 44 44 88 533 0 0 1957936 2130891 949465 1034170 226112 329207 -390659 -475806 2742854 3018462 163046 195000 0 0 1142258 1187067 0 6279 523798 1342319 1442837 2647623 2831183 95231 187279 5516111 5743323 85184 84826 5430927 5658497 PILCHUCK GLASS SCHOOL IS THE NATION'S MOST COMPREHENSIVE FACILITY FOR ARTISTS WHO WORK IN GLASS, OFFERING SUMMER WORKSHOPS AND YEAR-ROUND RESIDENCIES. 0 0 1859728 195000 1052041 SCHOOL SESSIONS IN GLASS ART - 308 STUDENTS BENEFITTED. EMERGING ARTISTS IN RESIDENCE PROGRAM - 7 ARTISTS BENEFITTED. SUMMER ARTISTS IN RESIDENCE PROGRAM - 15 ARTISTS BENEFITTED. HAUBERG FELLOWS RESIDENCY - 7 ARTISTS BENEFITTED. PROFESSIONAL ARTISTS IN RESIDENCE PROGRAM - 10 ARTISTS BENEFITTED. 1859728 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 70 0 1 88 1 0 0 0 0 0 1 1 0 0 0 0 X 44 44 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WA X JAN SPANGLER 2066218422 PILCHUCK GLASS SCHOOL 430 YALE SEATTLE WA 98109 RANDY LERT 15.00 X X 0 0 0 JOHN PRICE 5.00 X X 0 0 0 DANA REID 2.30 X X 0 0 0 R BRYCE SEIDL 1.00 X X 0 0 0 PATTY BARRIER 2.00 X 0 0 0 LEIGH CANLIS 1.00 X 0 0 0 C KENT CARLSON 2.00 X X 0 0 0 LESLIE JACKSON CHIHULY 0.50 X 0 0 0 ANTHONY COLE 1.00 X 0 0 0 FRITZ DREISBACH 0.80 X 0 0 0 STEVE FUNK 3.00 X 0 0 0 KATHERINE GRAY 0.50 X 0 0 0 STEVE KLEIN 1.80 X 0 0 0 JON C LIEBMAN 1.60 X 0 0 0 MICKEY MANDEL 1.00 X 0 0 0 DANTE MARIONI 1.00 X 0 0 0 BENJAMIN MOORE 2.00 X 0 0 0 ANN MORRISON 2.00 X 0 0 0 TIM NOONAN 2.00 X 0 0 0 FAYE HAUBERG PAGE 0.80 X 0 0 0 DEB GROSS 1.00 X 0 0 0 NORMAN SANDLER 1.00 X 0 0 0 DOROTHY SAXE 1.00 X 0 0 0 ALLEN SHOUP 0.50 X 0 0 0 PRESTON SINGLETARY 1.00 X 0 0 0 JOAN STONECIPHER 1.00 X 0 0 0 PETER WRIGHT 1.00 X 0 0 0 MARK ZIRPEL 1.00 X 0 0 0 REBECCA BENAROYA 0.50 X 0 0 0 ROD PROCTOR 1.00 X 0 0 0 DAVID KAPLAN 1.20 X 0 0 0 JOHN OTTER 1.00 X 0 0 0 PAT WALLACE 0.50 X X 0 0 0 SCOTT RABINOWITZ 0.50 X 0 0 0 ELIZABETH SICKTICH 2.00 X 0 0 0 LEE HARRIS 1.20 X 0 0 0 BRUCE MORSE 0.50 X 0 0 0 RYAN MATTHEW PORTER 1.40 X 0 0 0 ANNE B COHEN RUDERMAN 1.00 X 0 0 0 LARRY SHEER 1.00 X 0 0 0 ETHAN STERN 1.00 X 0 0 0 SUSAN STINSMUEHLEN-AMEND 1.00 X 0 0 0 AMY STONECIPHER 1.00 X 0 0 0 APRIL SURGENT 3.00 X 0 0 0 JAMES BAKER 40.00 X 160000 0 7391 JAN SPANGLER 40.00 X 113000 0 7391 273000 0 14782 2 0 1 0 0 1567982 20000 542909 1130904 2130891 TUITION & FEES 611600 963970 963970 ARTIST IN RESIDENCE FEES 611600 70200 70200 1034170 137718 137718 3105297 2913808 191489 191489 191489 964246 1567982 1457923 -493677 -493677 95001 77130 17871 17871 3018462 1052041 0 -164470 195000 195000 160000 48000 48000 64000 836778 475450 112595 248733 95656 48248 14751 32657 94633 46116 22193 26324 21550 21550 6279 6279 109431 31349 22571 55511 9581 4867 259 4455 158802 105764 19663 33375 74332 15837 58495 156306 81691 74615 113005 89069 8980 14956 1119 652 467 192396 186158 6238 40276 29219 11057 MATERIALS & SUPPLIES - 262112 262112 FOOD & BEVERAGES 116937 116649 288 HONORARIA 96678 96678 CREDIT CARD FEES 39759 2872 5857 31030 50553 23997 20366 6190 2831183 1859728 447657 523798 274121 274698 20600 114702 66999 79757 69559 64855 25360 45243 6896803 5419281 1613674 1477522 3224907 3447249 220891 239297 5516111 5743323 72530 78291 12654 6535 85184 84826 X 2015620 2128356 670551 766379 2744756 2763762 5430927 5658497 5516111 5743323 X 187279 21885 18406 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X STUDY FOR ARTISTIC PURPOSES 1 3713367 600 353286 116444 3950809 3770104 500 73976 131213 3713367 4058553 1000 325193 614642 3770104 3614758 2000 498381 56586 4058553 4699556 575 -891433 193940 3614758 0.20700 0.69950 0.09350 0 0 194842 194842 4864824 3712164 1152660 42583 42583 0 1310704 1194726 115978 483850 469808 14042 1477522 2903590 21884 36660 -55545 2999 2900591 117871 117871 3018462 2676020 36660 77130 113790 2562230 268953 268953 2831183 PART III, LINE 1A: THE SCHOOL MAINTAINS A COLLECTION OF WORKS OF ART IN GLASS, UNIQUE PRINTS, BOOKS, VIDEOTAPES, AND SLIDES THAT ARE HELD FOR STUDY AND RESEARCH. THE COLLECTION, WHICH IS VALUED AT APPROXIMATELY $500,000 IS KEPT FOR SAFEKEEPING AT THE PILCHUCK LODGE IN STANWOOD AND THE PILCHUCK OFFICE IN SEATTLE. THE SCHOOL RECOGNIZES THE CONTRIBUTIONS OF COLLECTION ITEMS AS IN-KIND CONTRIBUTIONS. THE COLLECTION IS NOT CAPITALIZED. THERE WERE NO SIGNIFICANT ADDITIONS OR REDUCTIONS IN THE COLLECTION DURING THE YEARS ENDED DECEMBER 31, 2012 AND 2011. PART III, LINE 4: THE SCHOOL MAINTAINS A COLLECTION OF WORKS OF ART IN GLASS, UNIQUE PRINTS, BOOKS, VIDEOTAPES, AND SLIDES THAT ARE HELD FOR STUDY AND RESEARCH. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT FUND INCOME IS USED TO PROVIDE SCHOLARSHIPS, SUPPLEMENT OPERATING INCOME, SUPPORT THE ARTIST IN RESIDENCE PROGRAM, HAUBERG FELLOWSHIP RESIDENCY, AND THE EMERGING ARTIST IN RESIDENCE PROGRAM. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 18,406. SPECIAL EVENT EXPENSES INCLUDED IN PART IX, COLUMN D -73,951. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -77,130. FINANCIAL AID 195,000. ROUNDING 1. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD REPORTED ON FORM 990 SECTION VIII LINE 10B 77,130. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 195,000. SPECIAL EVENT EXPENSES INCLUDED IN REVENUES 73,951. ROUNDING 2. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 PILCHUCK'S WEBSITE AND COURSE CATALOG CONTAIN THE FOLLOWING STATEMENT: PILCHUCK DOES NOT DISCRIMINATE ON THE BASIS OF GENDER, SEXUAL ORIENTATION, RACE, RELIGION, NATIONALITY, OR ETHNIC ORIGIN IN EMPLOYMENT OR IN ARTISTIC OR EDUCATIONAL PROGRAMS. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 PILCHUCK RECEIVES GRANTS FROM THE NATIONAL ENDOWMENT FOR THE ARTS FOR THE SUMMER ARTIST IN RESIDENCE PROGRAM, HAUBERG FELLOWS,AND THE EMERGING ARTISTS IN RESIDENCE PROGRAM. AUCTIONS 2505713 1567952 937761 161566 1294774 OTHER 26515 30 26485 1583 2532228 1567982 964246 161566 1296357 1457923 -493677 1 FINANCIAL AID 99 195000 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: GRANTS ARE AWARDED TO STUDENTS BASED ON ARTISTIC MERIT AND FINANCIAL NEED. THERE IS A JURIED PROCESS TO DETERMINE ARTISTIC MERIT, AS WELL AS A STATEMENT OF FINANCIAL NEED PROVIDED BY THE APPLICANT. THE CRITERIA AND PROCESS ARE DESCRIBED IN THE COURSE CATALOG ON THE PILCHUCK WEBSITE. X X X X X 0 0 0 0 0 0 0 0 0 JAMES BAKER 160000 0 0 0 0 0 0 0 7391 0 167391 0 0 0 X 674 1045207 FAIR MARKET VALUE X 2 10181 AVERAGE PRICE OF STOCK X AUCTION ITEMS 10 66920 RETAIL VALUE X MISCELLANEOUS ITEMS 5 484 RETAIL VALUE X CLASS SUPPLIES 14 6434 RETAIL VALUE X FOOD 3 1678 RETAIL VALUE 0 1 0 FORM 990, PART VI, SECTION A, LINE 4 THE RESTATED BY-LAWS WERE AMENDED. THE NAME OF THE TRUSTEESHIP COMMITTEE WAS CHANGED TO THE GOVERNANCE COMMITTEE. THE ADVISORY COUNCIL HAS BEEN ELIMINATED AND REPLACED BY THE TRUSTEE CIRCLE. THE TRUSTEE CIRCLE SHALL BE COMPRISED OF ALL PAST TRUSTEES OF THE SCHOOL. THE PURPOSE OF THE TRUSTEE CIRCLE IS TO: RECOGNIZE THE CONTRIBUTIONS OF FORMER TRUSTEES TO THE DEVELOPMENT OF THE SCHOOL; MAINTAIN THEIR CLOSE RELATIONSHIP TO THE SCHOOL; AND SOLICIT THEIR ADVICE AS NEEDED. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE TREASURER OF THE BOARD OF TRUSTEES. A COPY IS DISTRIBUTED TO ALL MEMBERS OF THE AUDIT, FINANCE, INVESTMENT, AND THE EXECUTIVE COMMITTEE FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C SIGNED CONFLICT OF INTEREST STATEMENTS ARE REQUIRED OF ALL TRUSTEES ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED BY A COMMITTEE OF THE BOARD OF TRUSTEES WITH INPUT FROM AN EXECUTIVE RECRUITING FIRM. COMPENSATION OF THE DIRECTOR OF FINANCE IS DETERMINED BY THE EXECUTIVE DIRECTOR AFTER REVIEWING COMPARABLE SALARIES IN THE AREA. COMPENSATION FOR OTHER EMPLOYEES IS DETERMINED BY THE EXECUTIVE DIRECTOR AFTER REVIEWING COMPARABLE SALARIES IN THE AREA. THE UNITED WAY NON-PROFIT WAGE & BENEFIT SURVEY IS USED TO DOCUMENT COMPARABLE COMPENSATION IN THE AREA. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 18,406. THERE HAS BEEN NO CHANGE IN HOW THE ORGANIZATION ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.