2011-08-12T10:33:40-05:00 2010-12-31 DEMPSEY VANTREASE & FOLLIS PLLC 630 S CHURCH ST STE 300 MURFREESBORO TN 37130 990 2010-01-01 620753887 COUNTRY MUSIC FOUNDATION INC COUN 6154162043 222 FIFTH AVE SOUTH NASHVILLE TN 37203 NINA HAMMONTREE 6154162043 2011-08-11 1 MARK E FOLLIS CPA 6158936666 2011-08-11 X 2010 2016-02-24 21:20:13Z COUNTRY MUSIC HALL OF FAME AND MUSEU KYLE YOUNG 222 FIFTH AVE SOUTH NASHVILLE TN 37203 25764151 0 X WWW.COUNTRYMUSICHALLOFFAME.ORG X 1964 TN THE MISSION OF THE COUNTRY MUSIC FOUNDATION, INC.(CMF) IS TO IDENTIFY AND PRESERVE THE EVOLVING HISTORY AND TRADITIONS OF COUNTRY MUSIC AND TO EDUCATE ITS AUDIENCES. FUNCTIONING AS A LOCAL HISTORY MUSEUM AND AS AN INTERNATIONAL ARTS ORGANIZATION, THE CMF SERVES VISITING AND NON-VISITING AUDIENCES INCLUDING FANS, STUDENTS, SCHOLARS, MEMBERS OF THE MUSIC INDUSTRY, AND THE GENERAL PUBLIC----IN THE NASHVILLE AREA, THE NATION, AND THE WORLD. 12 12 152 197 3129160 0 2798633 8851518 6239463 7151400 27073 122827 2489429 3446621 11554598 19572366 0 0 0 0 5211884 5757568 0 0 634209 6896854 7493183 12108738 13250751 -554140 6321615 34810347 37261452 27469449 24397188 7340898 12864264 TO IDENTIFY AND PRESERVE THE EVOLVING HISTORY AND TRADITIONS OF COUNTRY MUSIC AND TO EDUCATE ITS AUDIENCES. 0 0 10133328 6512922 THE MUSEUM PROVIDES AN AUTHENTIC, OBJECT-BASED LEARNING EXPERIENCE THAT EXAMINES THE HISTORY OF COUNTRY AND RELATED SOUTHERN VERNACULAR MUSIC. THE MUSEUM EXPERIENCE IS EXTENDED THROUGH A RANGE OF HIGH-QUALITY, FREE-CHOICE LEARNING OPPORTUNITIES INCLUDING INTERPRETIVE PROGRAMS SUCH AS: IMMERSION IN THE SOUNDS OF MUSIC THROUGH HISTORIC REISSUE RECORDINGS AND/OR LIVE PERFORMANCES; IN-DEPTH HISTORICAL AND/OR BIOGRAPHICAL STUDIES THROUGH BOOKS AND OTHER PUBLICATIONS; FILM AND TELEVISION SCREENINGS; ORAL HISTORIES; QUESTION AND ANSWER SESSIONS, PANEL DISCUSSIONS, AND LIVE INTERVIEWS; HANDS-ON ACTIVITIES FROM SONGWRITING TO INSTRUMENT DEMONSTRATIONS TO DANCE; PRINT AND BROADCAST AND INTERNET PRESENTATIONS; AND SCHOOL PROGRAMS THAT SUPPORT THE SOCIAL STUDIES, LANGUAGE ARTS AND MUSIC CURRICULUM. 10133328 1 1 0 0 0 0 1 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 1 127 0 152 1 1 1 0 0 0 0 1 1 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 0 0 0 TN X MS NINA HAMMONTREE 6154162043 222 FIFTH AVE SOUTH NASHVILLE TN 37203 DAVID CONRAD 1.00 X 0 0 0 RANDY GOODMAN 1.00 X 0 0 0 JOHN GRADY 2.00 X 0 0 0 KEEL HUNT 2.00 X X 0 0 0 HENRY JUSZKIEWICZ 0.50 X 0 0 0 STEVE TURNER 3.00 X X 0 0 0 ERNIE WILLIAMS 2.00 X X 0 0 0 TIM WIPPERMAN 0.50 X 0 0 0 ROD ESSIG 1.00 X 0 0 0 KEN LEVITAN 2.00 X 0 0 0 MARY ANN MCCREADY 1.00 X 0 0 0 J WILLIAM DENNY 0.50 X 0 0 0 VINCE GILL 2.00 X 0 0 0 EARL BENTZ 1.00 X 0 0 0 CONNIE BRADLEY 0.50 X 0 0 0 MIKE DUNGAN 1.00 X 0 0 0 AL GIOMBETTI 1.00 X 0 0 0 FRANCIS GUESS 0.50 X 0 0 0 LON HELTON 0.50 X 0 0 0 DON LIGHT 0.50 X 0 0 0 STEVE LYNN 0.50 X 0 0 0 DAVID ROSS 1.00 X 0 0 0 TROY TOMLINSON 1.00 X 0 0 0 JODY WILLIAMS 1.00 X 0 0 0 BRIAN OCONNELL 0.50 X 0 0 0 KYLE YOUNG 55.00 X X X 250038 0 13580 NINA HAMMONTREE 45.00 X X 129737 0 11462 JOHN SEIGENTHALER 0.50 X 0 0 0 DONNA NICELY 1.00 X 0 0 0 MARK BLOOM 1.00 X 0 0 0 TONY BROWN 1.00 X 0 0 0 LIZ THIELS 45.00 X 111191 0 8207 SHARON BURNS 45.00 X 103483 0 4846 594449 0 38095 4 0 1 0 AMERICAN CONSTRUCTORS PO BOX 120129 NASHVILLE TN 37212 CONST WORK 551954 GUARDSMARK PO BOX 11407 BIRMINGHAM AL 35246 SECURITY SERVICE 246094 TWELVE TWENTY EXHIBITS 3801 VULCAN DR NASHVILLE TN 37211 EXHIBIT DESIGN 242861 PROIMAGE COMMERCIAL CLEANING SERVICES 15115 OLD HICKORY BLVD NASHVILLE TN 37211 JANITORIAL SERVICE 127872 CBS OUTDOOR PO BOX 33074 NEWARK NJ 07188 ADVERTISING SERVICES 113280 5 226101 327484 416866 7881067 3250824 8851518 ADMISSION FEES 900099 4620643 4620643 EVENT INCOME 900099 2530757 2530757 7151400 34413 34413 140413 140413 4898037 197807 4895358 112072 2679 85735 88414 88414 578703 327484 106448 472255 472255 2882544 1077907 1804637 1236665 567972 INSURANCE PROCEEDS FRO 900099 589102 589102 RESTAURANT IN MUSEUM 722210 373702 30431 343271 OTHER INCOME 900099 66512 66512 1029316 19572366 6512922 3129160 1078766 404817 173230 164743 66844 4517313 3628055 657482 231776 65072 50158 10970 3944 370032 271109 71574 27349 400334 288040 81748 30546 66863 52035 14077 751 22475 22475 11222 11222 363294 282751 76474 4069 861909 670824 181432 9653 197644 153826 41604 2214 131003 101960 27576 1467 1605562 1249609 337971 17982 38551 27735 7871 2945 11765 8465 2402 898 102090 79457 21490 1143 1552448 1208270 326790 17388 33183 25826 6985 372 EVENT SUBCONTRACTORS/RE 516667 516667 RESTAURANT/CATERING FOO 415172 415172 SETTLEMENT EXPENSE 343500 343500 MUSEUM PUBLIC RELATIONS 291027 291027 CREDIT CARD FEES 160113 160113 768695 478999 74828 214868 13250751 10133328 2483214 634209 190234 379018 407957 56588 836973 3823201 275273 683037 629740 541613 59424 22485 44176085 14526468 30510324 29649617 1601787 1831471 298635 274422 34810347 37261452 2129533 3123818 299431 211181 23035000 20522189 2005485 540000 27469449 24397188 X 4752786 7182533 387612 3481231 2200500 2200500 7340898 12864264 34810347 37261452 X 6321615 -798249 X X 0 1 1 X 0 X 4584648 1236139 2754176 1859888 1749231 12184082 4584648 1236139 2754176 1859888 1749231 12184082 2915134 9268948 83854 127620 145499 195819 208212 761004 12945086 38446138 0.71600 0.66870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 1601787 200000 89684 60000 1831471 1082797 410000 168990 60000 1601787 1358073 50000 -325276 1082797 0.10000 0.90000 0 0 932700 932700 30817156 7236385 23580771 2251697 1296019 955678 10174532 5994064 4180468 29649617 19572366 13250751 6321615 65121 -863370 -798249 5523366 21003576 65120 193057 1184355 1442532 19561044 11322 11322 19572366 15480212 193057 863371 1184355 2240783 13239429 11322 11322 13250751 PART III, LINE 1A: IN ACCORDANCE WITH THE PROVISIONS OF SFAS 116, ACCOUNTING FOR CONTRIBUTIONS RECEIVED AND CONTRIBUTIONS MADE, THE FOUNDATION DOES NOT CAPITALIZE DONATED OR PURCHASED ARTIFACTS OR RECOGNIZE THEM AS REVENUES OR GAINS. THAT STATEMENT PROVIDES THAT SUCH DONATIONS NEED NOT BE RECOGNIZED IF THEY ARE ADDED TO COLLECTIONS THAT ARE HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FINANCIAL GAIN; ARE PROTECTED, KEPT UNENCUMBERED, CARED FOR, AND PRESERVED; ARE ARE SUBJECT TO A POLICY THAT REQUIRES THE PROCEEDS FROM SALES OF COLLECTION ITEMS TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. THE ESTIMATED FAIR VALUE OF ARTIFACTS DONATED TO THE MUSEUM DURING 2010 WAS $192,425. PART III, LINE 4: THE ORGANIZATION'S COLLECTIONS CONSISTS PRIMARILY OF DONATED ARTIFACTS RELATED TO THE HISTORY OF COUNTRY MUSIC WHICH ARE USED TO HELP EDUCATE THE PUBLIC AND PRESERVE THE HISTORY OF COUNTRY MUSIC. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: CURRENT LOAN COVENANTS REQUIRE THE ORGANIZATION TO MAINTAIN A CERTAIN LEVEL OF ENDOWMENT FUNDS. LONG TERM GOAL IS TO HAVE A PERMANENT ENDOWMENT LARGE ENOUGH TO GENERATE INCOME TO SUPPLEMENT OPERATIONS OF THE MUSEUM. PART XI, LINE 8 - OTHER ADJUSTMENTS: UNREALIZED LOSS ON INTEREST RATE SWAP AGREEMENT -863,370. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,077,907. DIRECT COSTS OF SPECIAL FUND RAISING EVENT 106,448. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,077,907. DIRECT EXPENSES OF SPECIAL EVENT 106,448. CONCERT-NASHVILLE 441897 143385 298512 45496 DINNER AND AUCTION- LOS ANGELES 263915 151000 112915 47958 1 200375 33099 167276 12994 906187 327484 578703 106448 106448 472255 1 X X X 0 0 0 0 0 0 0 0 0 KYLE YOUNG 250038 0 0 0 0 0 7553 0 6027 0 263618 0 0 0 INDUSTRIAL DEVELOPMENT BOARD OF THE METRO GOVT OF NASHVILLEDAVIDSON COUNTY 521789764 2010-03-22 23035000 REFUNDING OF 1999 BOND ISSUE 0 0 0 2512811 23035000 2001 1 0 1 1 0 1 1 SUNTRUST BANK 5.000000000000 0 0 0 0 1 X 1 6500824 QUOTED MARKET PRICES X 46 0 0 1 1 THIRD PARTY USE: PART I, LINE 32B: ORGANIZATION WILL OCCASIONALLY RECEIVE GIFTS OF PUBLICLY TRADED STOCK. THE ORGANIZATION WILL NORMALLY DEPOSIT THOSE SHARES WITH A BROKERAGE SERVICE FOR THEM TO SELL AND CONVERT TO CASH FOR THE ORGANIZATION. NON REPORTING OF REVENUE: PART I, LINE 33: DONATIONS OF ARTIFACTS ARE NOT RECORDED IN THE FINANCIAL STATEMENTS SINCE THE ORGANIZATION UNDER FAS 116 HAS ELECTED NOT TO RECOGNIZE ITS COLLECTIONS IN ITS FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION A, LINE 8B COMMITTEE MEETINGS OF THE BOARD ARE LESS FORMAL, BUT A WRITTEN AGENDA IS PREPARED IN ADVANCE FOR EACH MEETING. SIGNIFICANT DECISIONS MUST STILL BE APPROVED BY THE FULL VOTING BOARD. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION DOES NOT PROVIDE A COPY OF ITS FORM 990 TO THE ENTIRE GOVERNING BODY PRIOR TO FILING, HOWEVER, THE FINANCE DIRECTOR REVIEWS A DRAFT OF THE 990 WITH THE BOARD CHAIR OF THE FINANCE COMMITTEE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CMF REQUIRES EACH BOARD MEMBER TO REVIEW ITS ETHICS AND CONFLICTS OF INTEREST POLICY ANNUALLY AND SIGN A STATEMENT DISCLOSING ANY CONFLICTS OF INTEREST. IF CMF DETERMINES THAT A BOARD MEMBER MAY HAVE A CONFLICT OF INTEREST RELATED TO AN ISSUE UNDER CONSIDERATION BY THE BOARD, THAT BOARD MEMBER DOES NOT PARTICIPATE IN ANY DISCUSSION OR VOTING ON THE ISSUE. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE NOT MADE AVAILABLE TO GENERAL PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 65,121. UNREALIZED LOSS ON INTEREST RATE SWAP AGREEMENT -863,370. TOTAL TO FORM 990, PART XI, LINE 5: -798,249. PART IX, PAGE 12, LINE 2C THERE HAS BEEN NO CHANGE IN THE FINANCE COMMITTEE'S PROCESS RELATED TO OVERSIGHT OF THE AUDIT PROCESS DURING THE YEAR. HALL OF FAME GRILL AND CATERING LLC 222 5TH AVE SOUTH NASHVILLE TN 37203 270146678 OPERATION OF RESTAURANT IN MUSEUM/CATERING EVENTS VENUE RENTALS TN 1879948 114802 N/A