D ADDARIO FOUNDATION INC: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
D ADDARIO FOUNDATION INC (EIN 11-2637844)
Tax period
2010-06-01 to 2011-05-31
Filed
2012-04-17
IRS object ID
201241089349300509
Schema version
2010v3.4
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2012-04-17T08:35:02-05:00Timestamp
Tax Period End Date2011-05-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1CARNEY PACHECO & ASSOCIATES PCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1100 CROSSWAYS PARK WESTAddressLine1
CityWOODBURYCity
StateNYState
ZIP Code11797ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2010-06-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN112637844EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1THE D'ADDARIO MUSIC FOUNDATION INCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlDADDNameControl
Phone6314393300Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1595 SMITH STREETAddressLine1
CityFARMINGDALECity
StateNYState
ZIP Code11735ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameJOHN D'ADDARIO JRName
TitlePRESIDENTTitle
Phone6314393300Phone
Date Signed2012-04-13DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameKENNETH PACHECOName
Phone5163645050Phone
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonJOHN D'ADDARIO JRNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1595 SMITH STREETAddressLine1
CityFARMINGDALECity
StateNYState
ZIP Code11735ZIPCode
FieldValueIRS element (for citing)
Gross Receipts219421GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteN/AWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1981YearFormation
State Legal DomicileNYStateLegalDomicile
Activity Or Mission DescriptionTHE D'ADDARIO MUSIC FOUNDATION, INC. IS COMMITTED TO INSPIRING AND ASSISTING THE GROWTH AND APPRECIATION OF MUSIC THROUGHOUT THE WORLD WITH FOCUS ON AREAS OF STRINGED AS WELL AS BAND AND ORCHESTRAL MUSICAL INSTRUMENTS, PRIMARILY THROUGH THE SUPPORT OF EDUCATIONAL PROGRAMS AND EVENTS AS WELL AS PERFORMANCE BASED ACTIVITIES.ActivityOrMissionDescription
Nbr Voting Members Governing Body7NbrVotingMembersGoverningBody
Nbr Independent Voting Members0NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year129802ContributionsGrantsPriorYear
Contributions Grants Current Year219421ContributionsGrantsCurrentYear
Program Service Revenue Prior Year0ProgramServiceRevenuePriorYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year0InvestmentIncomePriorYear
Investment Income Current Year0InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year129802TotalRevenuePriorYear
Total Revenue Current Year219421TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year120275GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY220415GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year0SalariesEtcPriorYear
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year10027OtherExpensePriorYear
Other Expenses Current Year38757OtherExpensesCurrentYear
Total Expenses Prior Year130302TotalExpensesPriorYear
Total Expenses Current Year259172TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-500RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-39751RevenuesLessExpensesCY
Total Assets BOY70596TotalAssetsBOY
Total Assets EOY2845TotalAssetsEOY
Total Liabilities BOY28000TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY42596NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY2845NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionTHE D'ADDARIO MUSIC FOUNDATION, INC. IS COMMITTED TO INSPIRING AND ASSISTING THE GROWTH AND APPRECIATION OF MUSIC THROUGHOUT THE WORLD WITH FOCUS ON AREAS OF STRINGED AS WELL AS BAND AND ORCHESTRAL MUSICAL INSTRUMENTS, PRIMARILY THROUGH THE SUPPORT OF EDUCATIONAL PROGRAMS AND EVENTS AS WELL AS PERFORMANCE BASED ACTIVITIES.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense251529Expense
Grants251529Grants
DescriptionTHE D'ADDARIO MUSIC FOUNDATION, INC. IS A NOT-FOR-PROFIT PUBLICLY SUPPORTED ORGANIZATION WHICH MAKES CONTRIBUTIONS TO VARIOUS MUSIC PROGRAMS AND EDUCATIONAL ARTS.Description
Total Program Service Expense251529TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip0ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities0ReportOtherLiabilities
Report Fin48 Footnote0ReportFin48Footnote
Independent Audit Financial Stmt0IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations1GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required0ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity1RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transaction Related Entity0TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With10960NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Number Of Employees0NumberOfEmployees
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Excess Business Holdings0ExcessBusinessHoldings
Taxable Distributions0TaxableDistributions
Distribution To Donor0DistributionToDonor
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members7NbrVotingGoverningBodyMembers
Number Independent Voting Members0NumberIndependentVotingMembers
Family Or Business Relationship1FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy0WhistleblowerPolicy
Document Retention Policy0DocumentRetentionPolicy
Compensation Process CEO0CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledNYStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1D'ADDARIO & CO INCBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number6314393300TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1595 SMITH STREETAddressLine1
CityFARMINGDALECity
StateNYState
ZIP Code11735ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedXNoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (5 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficer
JOHN D'ADDARIO JR
DIRECTOR3.00X000
SUZANNE D'ADDARIO BROUDER
DIRECTOR15.00X000
PETER D'ADDARIO
DIRECTOR3.00X000
JIM BAILEY
OFFICER3.00000X
TRISH JOHNSON FRAZZETTO
OFFICER3.00000X
FieldValueIRS element (for citing)
Total Reportable Comp From Org0TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation0TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K0TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
Related Organizations219421RelatedOrganizations
Total Contributions219421TotalContributions

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column219421TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$0ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total220415Total
Program Services220415ProgramServices

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total4500Total
Management And General4500ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total1483Total
Management And General1483ManagementAndGeneral

Advertising Advertising

FieldValueIRS element (for citing)
Total1660Total
Management And General1660ManagementAndGeneral

Travel Travel

FieldValueIRS element (for citing)
Total1698Total
Program Services1698ProgramServices

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServices
CONCERT EXPENSES2415524155
RECEPTIONS43894389
PROGRAMS650650
LICENSES222222

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total259172Total
Program Services251529ProgramServices
Management And General7643ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY42596BOY
EOY2845EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY28000BOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY70596BOY
EOY2845EOY

Grants Payable GrantsPayable

FieldValueIRS element (for citing)
BOY28000BOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY28000BOY
EOY0EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY42596BOY
EOY2845EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY42596BOY
EOY2845EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY70596BOY
EOY2845EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses-39751ReconcilationRevenueExpenses
Reconcilation Other Changes0ReconcilationOtherChanges
Info In Schedule O Part XIIXInfoInScheduleOPartXII
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review1AccountantCompileOrReview
FS Audited0FSAudited
Audit Committee1AuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2XPubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years247831CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years474211CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years222315CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year129802CurrentTaxYearMinus1Year
Current Tax Year219421CurrentTaxYear
Total1293580Total

Total509 Total509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years247831CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years474211CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years222315CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year129802CurrentTaxYearMinus1Year
Current Tax Year219421CurrentTaxYear
Total1293580Total

Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Amts From Subst Contributors AmtsFromSubstContributors

FieldValueIRS element (for citing)
Total0Total

Support From DQ Ps Etc SupportFromDQPsEtc

FieldValueIRS element (for citing)
Total0Total
FieldValueIRS element (for citing)
Public Support Total5091293580PublicSupportTotal509

Total Support Total TotalSupportTotal

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years247831CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years474211CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years222315CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year129802CurrentTaxYearMinus1Year
Current Tax Year219421CurrentTaxYear
Total1293580Total
FieldValueIRS element (for citing)
Public Support Percentage5091.00000PublicSupportPercentage509
Prior Year Support Percentage1.00000PriorYearSupportPercentage
Investment Income Percentage0.00000InvestmentIncomePercentage
Thirty Three Percnt Tests CY509XThirtyThreePercntTestsCY509

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained1RecordsMaintained

Recipient Table RecipientTable

Recipient Name Business RecipientNameBusiness

FieldValueIRS element (for citing)
Business Name Line1NATIONAL STRING PROJECT CONSORTIUMBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1USC SCHOOL OF MUSICAddressLine1
CityCOLUMBIACity
StateSCState
ZIP Code29208ZIPCode
FieldValueIRS element (for citing)
EIN Of Recipient570967350EINOfRecipient
Amount Of Cash Grant10900AmountOfCashGrant
Purpose Of GrantTO SUPPORT GROWTH AND APPRECIATION OF MUSIC.PurposeOfGrant

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifierExplanationExplanationReturn ReferenceReturnReference
FORM 990, PART VI, SECTION A, LINE 2ALL DIRECTORS BELONG TO THE D'ADDARIO FAMILY AND ARE ALSO RELATED THROUGH D'ADDARIO & CO., INC. AS OWNERS/OFFICERS.
FORM 990, PART VI, SECTION B, LINE 11THE COPY OF THE FORM 990 WAS PROVIDED TO THE GOVERNING BODY BY E-FILE.
THE ORGANIZATION'S STANDARD OPERATING PROCEDURE INCLUDES REVIEW OF CONFLICT OF INTEREST POLICY.FORM 990, PART VI, SECTION B, LINE 12C
THE ORGANIZATION MAKES IT'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.FORM 990, PART VI, SECTION C, LINE 19
THERE IS NO CHANGE IN THE PROCESS OF OVERSIGHT RELATING TO THE REVIEW OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.FORM 990, PART XI, LINE 2C

Schedule R IRS990ScheduleR

Form990 Schedule R Part IV Form990ScheduleRPartIV

Name Of Related Org NameOfRelatedOrg

FieldValueIRS element (for citing)
Business Name Line1D'ADDARIO & CO INCBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1595 SMITH STREETAddressLine1
CityFARMINGDALECity
StateNYState
ZIP Code11735ZIPCode
FieldValueIRS element (for citing)
EIN112288999EIN
Primary ActivityMANUFACTURERS OF MUSICAL INSTRUMENT COMPONENTS.PrimaryActivity
Legal Domicile StateNYLegalDomicileState
Type Of EntitySTypeOfEntity
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents Royalties0ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org0GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org0GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org0LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org0SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org0PurchaseOfAssetsFromOtherOrg
Exchange Of Assets0ExchangeOfAssets
Rental Of Facilities To Other Orgs0RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs0RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs0PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs0PerformOfServicesByOtherOrgs
Sharing Of Facilities0SharingOfFacilities
Sharing Of Paid Employees0SharingOfPaidEmployees
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrg
Other Transfer To Other Org0OtherTransferToOtherOrg
Other Transfer From Other Org0OtherTransferFromOtherOrg

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