2012-11-15T12:08:39-06:00 2011-12-31 161506673 JOHN S TRUSSALO CPA PC 315 N MAIN ST SUITE 200 JAMESTOWN NY 14701 990 2011-01-01 412030241 LUCILLE BALL-DESI ARNAZ CENTER INC LUCI 7164840800 2 WEST THIRD STREET JAMESTOWN NY 14701 THOMAS BENSON 7164840800 2012-11-14 1 JOHN S TRUSSALO CPA P00335558 7164872910 2012-11-14 2011 2016-02-24 21:20:13Z THOMAS BENSON 2 WEST THIRD STREET JAMESTOWN NY 14701 965223 0 X WWW.LUCY-DESI.COM X 2002 NY PRESERVE LEGACY OF LUCILLE BALL/DESI ARNAZ AND ENRICH WORLD THROUGH HEALING POWER OF LAUGHTER AND DEVELOPMENT OF COMEDIC ARTS. 7 7 12 0 0 0 19456 143956 268816 422594 1451 1911 103204 184636 392927 753097 0 0 0 0 171714 173936 0 0 34619 280273 491678 451987 665614 -59060 87483 2090159 2153896 401181 377435 1688978 1776461 TO PRESERVE AND CELEBRATE THE LEGACY OF LUCILLE BALL AND DESI ARNAZ AND ENRICH THE WORLD THROUGH THE HEALING POWERS OF LOVE AND LAUGHTER THROUGH A COMMITMENT TO THE DEVELOPMENT OF THE COMEDIC ARTS. 0 0 575931 426641 MAINTAIN MUSEUM AND PRESERVE THE LEGACY OF LUCILLE BALL AND DESI ARNAZ THROUGH A FOUR-PILLAR APPROACH TO THE DEVELOPMENT AND STUDY OF THE COMEDIC ARTS. THE CENTER CURRENTLY PRODUCES ANNUAL FESTIVAL PROGRAMMING THAT INCLUDES EDUCATIONAL AND PERFORMANCE OPPORTUNITIES IN THE COMEDIC ART FORM. THE CENTER IS ALSO DEVELOPING: A COMEDY FILM FESTIVAL TO PRESERVE AND EXAMINE THE LEGACY BALL AND ARNAZ LEFT ON THE PRODUCTION SIDE OF THEIR CAREERS AND INDUSTRY, A COMEDIC ARTS EDUCATIONAL PROGRAM, AND A NATIONAL CENTER FOR THE COMEDIC ARTS. 575931 1 1 0 0 0 0 0 1 0 1 1 0 0 1 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 0 0 0 0 0 0 0 0 1 11 0 1 12 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 NY X THE ORGANIZATION 7164840800 2 WEST THIRD STREET JAMESTOWN NY 14701 THOMAS BENSON 5.00 X X 0 0 0 LOU DEPPAS 5.00 X X 0 0 0 MICHAEL LATONE 5.00 X X 0 0 0 MICHAEL FERGUSON 2.00 X 0 0 0 GEORGE PANEBIANCO 2.00 X 0 0 0 BILL STEVENSON 2.00 X 0 0 0 JOURNEY GUNDERSON 40.00 X 59135 0 615 59135 0 615 0 0 0 0 0 12213 16200 115543 143956 ADMISSIONS/TOURS 713990 246250 246250 FESTIVAL PROGRAMMING 713990 176245 176245 EDUCATION/OUTREACH 713990 99 99 422594 1911 1911 1880 0 1880 1880 1880 370835 212126 158709 158709 FORFEITED DEPOSIT-SALE 713990 20000 20000 MISCELLANEOUS 713990 3631 3631 REFUND OF PRIOR YEAR E 713990 416 416 24047 753097 426641 0 182500 59750 47800 5975 5975 94713 75770 9471 9472 595 476 60 59 18878 15102 1888 1888 18715 781 17836 98 26200 25000 1200 46201 41581 4620 8687 6949 869 869 13184 10548 1318 1318 35432 29682 2875 2875 668 668 18589 16730 1859 43425 34739 4343 4343 16217 12973 1622 1622 FESTIVAL PROGRAMMING 188503 188503 LICENSING AGREEMENT 25000 25000 BROCHURES,CATALOGS,MAIL 23788 23788 WEB SIGHT AND INTERNET 9568 8611 957 17501 11898 5080 523 665614 575931 55064 34619 154753 4468 127599 333939 50000 50000 48714 86644 7500 1088769 319089 798374 769680 910719 901665 2090159 2153896 24545 18130 376636 359305 401181 377435 X 1605317 1699338 83661 77123 1688978 1776461 2090159 2153896 87483 0 X X 0 1 1 X 0 X 365328 248953 330044 19456 143956 1107737 1445993 1308560 699917 537090 793429 4784989 1811321 1557513 1029961 556546 937385 5892726 41591 170234 281000 50000 542825 0 41591 170234 281000 50000 542825 5349901 6875 6501 4599 5651 3791 27417 6875 6501 4599 5651 3791 27417 14899 15385 15042 7711 24047 77084 1833095 1579399 1049602 569908 965223 5997227 0.89210 0.85940 0.00460 0.00460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 83661 85000 91538 77123 121738 38077 83661 47709 100000 25971 121738 48405 13750 14446 47709 0.00000 0.00000 1.00000 0 0 24800 24800 848563 119508 729055 215406 199581 15825 769680 MEMORABILIA 468566 TRAVELING EXHIBIT 248621 REAL ESTATE HELD FOR SALE 155855 WEB SITE 16125 LOAN ORIGINATION FEES 9694 WEB SITE 2804 901665 753097 665614 87483 87483 753097 0 753097 0 753097 665614 0 665614 0 665614 PART III, LINE 4: LUCILLE BALL AND DESI ARNAZ MEMORABILIA. THE MEMORABILIA IS DISPLAYED FOR PUBLIC INSPECTION IN THE LUCILLE BALL-DESI ARNAC CENTER INC.'S MUSEUM. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ORGANIZATION RECEIVED DONOR RESTRICTED GRANTS FOR EXECUTIVE SALARY, LEGACY OF LAUGHTER PROGRAMS, MEMORABILIA ACQUISITIONS, AND FEASIBILITY AND IMPACT STUDIES FOR COMEDY HALL OF FAME. THE TEMPORARILY RESTIRICTED ASSETS WILL BE UTILIZED FOR THESE SPECIFIED ITEMS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE LUCILLE BALL - DESI ARNAZ CENTER, INC. IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION HAS ALSO BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170(B)(1)(A)(VI). THE ORGANIZATION'S FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FOR THE YEARS 2011, 2010, AND 2009 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT MAINTAIN COMMITTEES THAT ARE AUTHORIZED TO ACT ON BEHALF OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS BY THE CPA AND FORMALLY APPROVED PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C REVIEWED BY BOARD OF DIRECTORS ON A REGULAR BASIS. FORM 990, PART VI, SECTION C, LINE 19 PROVIDED UPON REQUEST. AUDIT COMMITTEE FORM 990, PART XII, LINE 2C DURING THE YEAR ENDED DECEMBER 31, 2011, THE ORGANIZATION FORMED AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE AUDIT PROCESS, FINANCIAL STATEMENTS AND SELECTION OF THE INDEPENDENT AUDITOR. THE ORGANIZATION DID NOT MAINAIN AN AUDIT COMMITTEE FOR THE YEAR ENDED DECEMBER 31, 2010.