2012-05-15T12:36:38-05:00 2011-12-31 840803727 REESE HENRY & COMPANY INC 400 EAST MAIN STREET SUITE 2 ASPEN CO 81611 990 2011-01-01 841220222 JAZZ AT ASPEN-SNOWMASS JAZZ 9709204996 110 E HALLAM ST NO 104 ASPEN CO 81611 JAMES HOROWITZ 9709204996 2012-05-15 1 MICHAEL J CARTER CPA P00051769 9709253771 2011 2016-02-24 21:20:13Z JAMES HOROWITZ 110 E HALLAM ST NO 104 ASPEN CO 81611 6437205 0 X WWW.JAZZASPEN.ORG X 1992 CO PRESENT AND PRESERVE JAZZ, AMERICAN AND POPULAR MUSIC THROUGH WORLD-CLASS FESTIVALS, PERFORMANCES AND EDUCATION PROGRAMS 21 20 103 0 0 0 3520589 3250160 2712051 3044676 6190 256 241227 117923 6480057 6413015 0 0 0 0 683422 595809 0 0 274319 6647996 5838841 7331418 6434650 -851361 -21635 909123 784931 1311443 1208886 -402320 -423955 PRESENT AND PRESERVE JAZZ, AMERICAN AND POPULAR MUSIC THROUGH WORLD-CLASS FESTIVALS, PERFORMANCES AND EDUCATION PROGRAMS 0 0 5749532 3044246 PRESENT AND PRESERVE JAZZ, AMERICAN AND POPULAR MUSIC THROUGH WORLD-CLASS FESTIVALS, PERFORMANCES AND EDUCATION PROGRAMS 5749532 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 100 0 1 103 1 0 0 0 0 0 1 1 0 0 0 0 X 21 20 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CO X X JAZZ AT ASPEN-SNOWMASS 9709204996 110 E HALLAM ASPEN CO 81611 JAMES HOROWITZ 40.00 X X 102917 0 0 DAVID CHAZEN 1.00 X X 0 0 0 CHARLES CUNNIFFE 1.00 X 0 0 0 SCOTT HARPER 1.00 X 0 0 0 DUER WAGNER III 1.00 X 0 0 0 TIM LAROSE 1.00 X X 0 0 0 ANGELA HITE 1.00 X 0 0 0 MARIANNE BUCHHOLZ 1.00 X X 0 0 0 CHRIS BANK 1.00 X 0 0 0 HELEN KLANDERUD 1.00 X 0 0 0 SUSAN CROWN 1.00 X 0 0 0 MARC GOLDSTEIN 1.00 X X 0 0 0 JAMES MARCUS 1.00 X 0 0 0 KATHRYN FLECK 1.00 X X 0 0 0 DOUG PALEY 1.00 X 0 0 0 GEOFF BARKER 1.00 X 0 0 0 EDOUARD GERSCHEL 1.00 X 0 0 0 KITZ GOODMAN 1.00 X 0 0 0 RICHARD GOODMAN 1.00 X 0 0 0 JERRY GRILLY 1.00 X 0 0 0 THAD SMITH 1.00 X 0 0 0 JOE LANG 40.00 X 110000 0 0 212917 0 0 2 0 0 0 HOME GROWN MUSIC INC 1888 EMERY STREET SUITE 111 ATLANTA GA 30318 PERFORMERS 225000 LITTLE SWAMP II INC 16830 VENTURA BLVD STE 501 ENCINO CA 91436 PERFORMERS 117500 CREATIVE ARTISTS AGENCY 2000 AVENUE OF THE STARS LOS ANGELES CO 90067 PERFORMERS 112500 STEELY DAN 725 ARIZONA AVENUE SUITE 206 SANTA MONICA CA 90401 PERFORMERS 112500 GLOCAL INC FSO MICHAEL FRANTI 16 W 22ND STREET FL3 NEW YORK NY 10010 PERFORMERS 112500 5 106145 34000 3110015 609400 3250160 TICKET SALES 711300 2635931 2635931 CONCESSION FEES 711300 408745 408745 3044676 686 686 23760 24190 -430 -430 -430 117923 106145 0 117923 117923 6413015 3044246 0 118609 102917 56604 5146 41167 392542 252198 69133 71211 42309 24368 9073 8868 58041 15432 42609 7410 690 6720 19501 19501 2116 2116 18894 201 18693 32174 32174 14223 1856 12367 30659 30659 PRODUCTION/OPERATIONS 2315516 2232375 83141 PROGRAMMING COSTS 2103344 2081883 21461 IN-KIND EXPENSE 580210 560210 20000 MARKETING & ADVERTISING 366439 337968 28471 348355 185747 162608 6434650 5749532 410799 274319 444052 240882 180013 114275 25000 148539 53852 95301 16619 3500 27618 370773 270262 127689 100511 61898 54305 909123 784931 566653 426162 204389 188790 40401 33934 500000 560000 1311443 1208886 X -689460 -910266 287140 486311 -402320 -423955 909123 784931 -21635 0 X X 0 1 1 X 0 X 22556 3495950 3989461 3520589 3250160 14278716 3420040 3223370 2953278 3044676 12641364 22556 6915990 7212831 6473867 6294836 26920080 1047371 1659603 730594 256633 3694201 164845 164857 329702 1212216 1824460 730594 256633 4023903 22896177 3215 -5496 1478 6190 686 6073 3215 -5496 1478 6190 686 6073 25771 6910494 7214309 6480057 6295522 26926153 0.85030 0.82090 0.00020 0.00050 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 95911 24133 71778 274862 246129 28733 100511 SECURITY DEPOSITS 10890 BENEFICIAL INTEREST @ AVCF 43415 54305 6413015 6434650 -21635 -21635 6410899 0 6410899 2116 2116 6413015 6432534 0 6432534 2116 2116 6434650 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: JAS FOLLOWS FASC 740, INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE FINANCIAL STATEMENTS. FASC 740, INCOME TAXES, REQUIRES THE USE OF A TWO-STEP APPROACH FOR RECOGNIZING AND MEASURING TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FIRST, A TAX POSITION SHOULD ONLY BE RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT, BASED ON TECHNICAL MERITS, THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITY. SECOND, A TAX POSITION THAT MEETS THE RECOGNITION THRESHOLD SHOULD BE MEASURED AT THE LARGEST AMOUNT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING SUSTAINED. JAS HAD NO MATERIAL UNRECOGNIZED TAX BENEFITS FOR THE YEAR ENDED DECEMBER 31, 2011. AS A RESULT, NO INTEREST OR PENALTIES WERE ACCRUED FOR UNRECOGNIZED TAX BENEFITS DURING THE YEAR. GALA 200128 106145 93983 BENEFIT PARTIES 23940 23940 224068 106145 117923 117923 JAMES HOROWITZ LOANED TO HELP ACQUIRE GOODWILL FOR THE FESTIVALS THAT JAZ ACQUIRED X 52787 33934 0 1 1 33934 X 2 24190 FMV AT DATE OF TRANSFER X IN KIND MARKETING SERVICES 9 457120 FAIR MARKET VALUE X IN KIND TRAVEL & LODGING 2 59500 FAIR MARKET VALUE X IN KIND BEVERAGE DONATIONS 3 18590 FAIR MARKET VALUE X IN KIND EQUIPMENT LEASES 1 45000 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 TWO MEMBERS OF THE BOARD HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF THE FORM 990 IS PRESENTED TO KEY MEMBERS OF MANAGEMENT AND BOARD OFFICERS FOR REVIEW. ONCE REVIEWED AND APPROVED BY THESE MEMBERS THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, OFFICER AND EMPLOYEE SHALL BE PROVIDED WITH AND ASKED TO REVIEW A COPY OF THE CONFLICT OF INTEREST POLICY AND ACKNOWLEDGE IN WRITING THAT HE OR SHE HAS DONE SO. ANNUALLY EACH DIRECTOR, OFFICER AND EMPLOYEE SHALL COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIP, POSITIONS OR CIRCUMSTANCES IN WHICH HE/SHE IS INVOLVED THAT HE/SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 15A- EXECUTIVE COMMITTEE 15B- BOARD MAKES THE RECOMMENDATION AND CEO MAKES FINAL DECISION FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS.