2024-05-10T09:12:56-05:00 2023-06-30 411534805 CARPENTER EVERT & ASSOCIATES LTD 7760 FRANCE AVE S SUITE 940 BLOOMINGTON MN 55435 990 2022-07-01 237452688 AMERICAN COMPOSERS FORUM AMER 6122171315 75 FIFTH STREET WEST 416 ST PAUL MN 55102 VANESSA ROSE EXECUTIVE DIRECTOR 6122171315 2024-05-09 1 VANESSA ROSE 999009999 1 NEAL EVERT P00046853 9528310085 2024-05-09 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z VANESSA ROSE 75 FIFTH STREET WEST 416 ST PAUL MN 55102 1610866 0 X WWW.COMPOSERSFORUM.ORG X 1976 MN TO SUPPORT COMPOSERS AND DEVELOP NEW MARKETS FOR THEIR MUSIC. 25 24 12 25 0 0 1056799 1369477 75934 82118 260670 159271 0 0 1393403 1610866 252395 223114 0 0 836796 953341 0 0 271507 635550 604027 1724741 1780482 -331338 -169616 9023516 9563629 675639 647362 8347877 8916267 X ACF SUPPORTS AND ADVOCATES FOR INDIVIDUALS AND GROUPS CREATING MUSIC TODAY BY DEMONSTRATING THE VITALITY AND RELEVANCE OF THEIR ART. THE ORGANIZATION CONNECTS ARTISTS WITH COLLABORATORS, ORGANIZATIONS, AUDIENCES, AND RESOURCES. THROUGH STORYTELLING, PUBLICATIONS, RECORDINGS, HOSTED GATHERINGS, AND INDUSTRY LEADERSHIP, ACF ACTIVATES EQUITABLE OPPORTUNITIES FOR ARTISTS. ACF PROVIDES DIRECT FUNDING AND MENTORSHIP TO A BROAD AND DIVERSE FIELD OF MUSIC CREATORS, HIGHLIGHTING THOSE WHO HAVE BEEN HISTORICALLY EXCLUDED FROM PARTICIPATION. 0 0 1085271 223114 82118 ARTIST SERVICES:THE ORGANIZATION SUPPORTS AND ADVOCATES FOR MUSIC CREATORS AT MULTIPLE POINTS IN THEIR CREATIVE LIVES. THROUGH COMMISSIONS, FUNDING, RESOURCES AND ADVANCEMENT, THE ORGANIZATION CULTIVATES A COMPOSER-CENTERED ECOSYSTEM FOR LIVING MUSIC. GRANTS PROVIDE SEED MONEY FOR THE DEVELOPMENT OF NEW WORK, UNRESTRICTED MONEY FOR MID-CAREER ARTISTS, AND COMMISSION SUPORT. 1085271 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 63 0 1 12 1 0 0 0 0 0 0 0 0 0 0 X 25 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X X VANESSA ROSE 6122171315 75 WEST 5TH STREET SUITE 416 SAINT PAUL MN 55102 ANDREW PAULUS DIRECTOR 0.50 X 0 0 0 CAROL ANN CHEUNG DIRECTOR 0.50 X 0 0 0 DOUGLAS KEARNEY DIRECTOR 0.50 X 0 0 0 GAO HONG DIRECTOR 0.50 X 0 0 0 GARRETT MCQUEEN DIRECTOR 0.50 X 0 0 0 ISAAC THOMPSON DIRECTOR 0.50 X 0 0 0 JANIS LANE-EWART SECRETARY 0.50 X X 0 0 0 KOVEN SMITH DIRECTOR 0.50 X 0 0 0 LUTHER RANHEIM DIRECTOR 0.50 X 0 0 0 MATEUSZ TROICKI DIRECTOR 0.50 X 0 0 0 NANCY HUART DIRECTOR 0.50 X 0 0 0 NINA SUN EIDSHEIM DIRECTOR 0.50 X 0 0 0 NIRMALA RAJASEKAR CHAIR 0.50 X X 0 0 0 PATRICK CASTILLO DIRECTOR 0.50 X 0 0 0 SCOTT LEGERE DIRECTOR 0.50 X 0 0 0 SRINIVASAN V DIRECTOR 0.50 X 0 0 0 STANFORD THOMPSON VICE CHAIR 0.50 X X 0 0 0 STEPHEN MILES CHAIR 0.50 X X 0 0 0 STEPHEN USERY TREASURER 0.50 X X 0 0 0 TOMEKA REID DIRECTOR 0.50 X 0 0 0 VANESSA ROSE EXECUTIVE DIRECTOR 60.00 X X 128270 0 16468 KATHRINE HANDFORD DIRECTOR 0.50 X 0 0 0 LEE BYNUM DIRECTOR 0.50 X 0 0 0 DIANA SCHUTTER DIRECTOR 0.50 X 0 0 0 DERRICK SKYE DIRECTOR 0.50 X 0 0 0 SARAH WILLIAMS DIRECTOR 0.50 X 0 0 0 DEBRA KERMEEN DIRECTOR 0.50 X 0 0 0 BILL SANDS DIRECTOR 0.50 X 0 0 0 128270 0 16468 1 0 0 0 0 220313 1149164 1369477 PROGRAM SERVICE FEES 513140 82118 82118 82118 159271 159271 1610866 82118 0 159271 X 223114 223114 208000 107481 50625 49894 602423 311295 146623 144505 75788 39162 18446 18180 67130 34688 16339 16103 32692 32692 252658 134487 109740 8431 1494 1494 3631 1891 1150 590 62900 32761 19918 10221 66839 42268 15870 8701 15303 11492 1198 2613 2866 1589 844 433 2671 2671 RECORDING PRODUCTION 36003 36003 SUPPLIES AND EQUIPMENT 30423 22346 2218 5859 PERFORMER FEES AND PER 28050 28050 PANEL HONORARIUM 22400 22400 46097 36244 3876 5977 1780482 1085271 423704 271507 221389 206759 514286 533735 157569 618769 18969 13763 4145 318 59395 56622 16494 4897 140424 138085 2662 2339 8028607 8126427 9023516 9563629 10662 39338 272015 215853 392962 392171 675639 647362 X 1356737 1284755 6991140 7631512 8347877 8916267 9023516 9563629 -169616 738007 0 X 0 1 X 1 0 X 605244 1462137 602903 1056799 1369477 5096560 605244 1462137 602903 1056799 1369477 5096560 1781522 3315038 183595 279160 312792 296799 159271 1231617 6328177 694646 0.52390 0.54260 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5910218 3000 688377 282658 6318937 7199293 3150 -964725 327500 5910218 6005005 3000 1505188 313900 7199293 6145371 3000 174992 318358 6005005 5824593 4326 583471 267019 6145371 0 0 140424 138085 2339 2339 FUNDS HELD FOR OTHERS 392171 392171 X 2348873 738007 738007 1610866 0 1610866 1780482 0 1780482 0 1780482 PART X, LINE 2: THE ORGANIZATION HAS A TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS ADOPTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, ASC 740-10. THE ORGANIZATIONS POLICY IS TO EVALUATE UNCERTAIN TAX POSITIONS, AT LEAST ANNUALLY, FOR THE POTENTIAL FOR INCOME TAX EXPOSURE FROM UNRELATED BUSINESS INCOME OR FROM LOSS OF NONPROFIT STATUS. THE ORGANIZATION CONTINUES TO OPERATE CONSISTENT WITH ITS ORIGINAL EXEMPTION APPLICATION AND EACH YEAR TAKES THE NECESSARY ACTIONS TO MAINTAIN ITS EXEMPT STATUS. IT HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER THE INTERNAL REVENUE CODE AND CHARITABLE CONTRIBUTIONS BY DONORS ARE TAX DEDUCTIBLE. IN COMPLIANCE WITH ITS EXEMPT STATUS, THE ORGANIZATION ANNUALLY FILES A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990). 1 COMPOSER FEES 223114 FORM 990, PART VI, SECTION A, LINE 1A LINE 1A EXPLANATION - THE EXECUTIVE COMMITTEE CONSISTS OF THE CHAIR OF THE BOARD OF DIRECTORS, AND ALL OTHER OFFICERS OF THE CORPORATION. AT LEAST ONE MEMBER OF THE COMMITTEE MUST BE A COMPOSER. THIS COMMITTEE HAS THE FULL AUTHORITY TO ACT FOR THE BOARD IN MANAGING THE AFFAIRS OF THE CORPORATION DURING THE INTERVALS BETWEEN MEETINGS OF THE BOARD, AND SHALL REPORT ITS ACTIONS TO THE BOARD. THE GOVERNANCE COMMITTEE CONSISTS OF AT LEAST ONE COMPOSER, AT LEAST ONE NON-COMPOSER, THE PRESIDENT AND EXECUTIVE DIRECTOR AND ANY OTHER INDIVIDUALS APPOINTED THERETO BY THE CHAIR OF THE BOARD OF DIRECTORS IN CONSULTATION WITH THE EXECUTIVE COMMITTEE. THE GOVERNANCE COMMITTEE IS RESPONSIBLE FOR A) IDENTIFYING PROSPECTIVE DIRECTORS OF THE CORPORATION, ASSESSING THEIR CREDENTIALS, AND FORMALLY NOMINATING THEM FOR ELECTION BY THE BOARD, B)NOMINATING OFFICERS FOR ELECTION BY THE BOARD AT ITS ANNUAL MEETING C) ESTABLISHING CRITERIA FOR BOARD MEMBERS' PERFORMANCE AND EVALUATING THEIR PERFORMANCE ON THE BASIS OF THOSE CRITERIA AND PERIODICALLY REVIEWING THE STRUCTURES AND MECHANISMS OF THE CORPORATION'S GOVERNANCE, INCLUDING THOSE BYLAWS AND PROPOSING REVISIONS OF AND ADDITIONS TO THOSE STRUCTURES AND MECHANISMS TO THE BOARD FOR ITS CONSIDERATION AND ADOPTION. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - THE FORM 990 IS PRESENTED TO MANAGEMENT, THE FINANCE COMMITTEE OF THE BOARD AND FULL BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH OFFICER, EMPLOYEE AND MEMBER OF THE BOARD OF DIRECTORS IS REQUIRED TO REVIEW THE FORUM'S CONFLICT OF INTEREST POLICY AND TO COMPLETE A DISCLOSURE FORM. THIS INFORMATION IS MONITORED BY THE PRESIDENT AND CEO. THE CHAIR OF THE BOARD OF DIRECTORS, AND THE CHAIR OF THE GOVERNANCE COMMITTEE. ANY RELEVANT CONFLICTS ARE DISCLOSED PRIOR TO BOARD CONSIDERATION OF A CONTRACT OR TRANSACTION, AND THE PERSON WITH THE CONFLICT IS NOT ALLOWED TO PARTICIPATE IN DISCUSSION, EXERT PERSONAL INFLUENCE, OR VOTE ON THE ISSUE. MATTERS REGARDING CONFLICTS ARE DOCUMENTED IN THE MINUTES OF THE MEETING OR IN A SEPARATE MEMORANDUM FILED WITH THE ORIGINAL MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 IN COMPLIANCE WITH INTERNAL REVENUE SERVICE GUIDELINES FOR APPROVAL OF SENIOR MANAGEMENT COMPENSATION, THE AMERICAN COMPOSERS FORUM (ACF) BOARD OF DIRECTORS OR A DELEGATED COMMITTEE OF THE BOARD (REFERRED TO AS THE APPROVAL BODY BELOW) WILL USE THE FOLLOWING PROCESS AND GUIDELINES TO REVIEW AND APPROVE SENIOR MANAGEMENT COMPENSATION: 1. COVERED INDIVIDUALS. A WRITTEN LIST OF SENIOR MANAGEMENT POSITIONS COVERED BY THIS POLICY (COVERED INDIVIDUALS) WILL BE MAINTAINED BY THE APPROVAL BODY. 2. IMPARTIAL DECISION MAKERS. THE COMPENSATION ARRANGEMENT MUST BE APPROVED IN ADVANCE (BEFORE ANY PAYMENT OR COMMITMENT IS MADE) BY THE APPROVAL BODY OF ACF, COMPOSED ENTIRELY OF INDIVIDUALS WHO DO NOT HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT (EXAMPLE: NEITHER THE EXECUTIVE WHOSE COMPENSATION IS BEING DETERMINED NOR ANY OF HIS/HER FAMILY MEMBERS MAY BE PRESENT DURING THE DISCUSSION/DEBATE OR PARTICIPATE IN THE VOTE). 3. COMPARABILITY DATA. WHEN THE APPROVAL BODY IS CONSIDERING COMPENSATION TO THE COVERED INDIVIDUALS, IT MUST RELY ON COMPARABILITY DATA THAT SUPPORT THE FAIR MARKET VALUE OF THE COMPENSATION IN QUESTION. FOR EXAMPLE, WHEN CRAFTING COMPENSATION PACKAGES, THE APPROVAL BODY MUST SECURE DATA THAT DOCUMENT COMPENSATION LEVELS FOR SIMILARLY QUALIFIED INDIVIDUALS IN LIKE POSITIONS AT LIKE ORGANIZATIONS. THIS DATA MAY INCLUDE THE FOLLOWING: A) EXPERT COMPENSATION STUDIES BY INDEPENDENT FIRMS; B) WRITTEN JOB OFFERS FOR POSITIONS AT SIMILAR ORGANIZATIONS; C) DOCUMENTED TELEPHONE CALLS ABOUT SIMILAR POSITIONS AT BOTH NONPROFIT AND FOR-PROFIT ORGANIZATIONS; AND D) INFORMATION OBTAINED FROM THE IRS FORM 990 FILINGS OF SIMILAR ORGANIZATIONS. 4. CONCURRENT DOCUMENTATION. THE APPROVAL BODY MUST DOCUMENT HOW IT REACHED ITS DECISIONS, INCLUDING THE DATA ON WHICH IT RELIED. TO QUALIFY AS CONCURRENT DOCUMENTATION, WRITTEN OR ELECTRONIC RECORDS OF THE APPROVAL BODY (SUCH AS MEETING MINUTES) MUST NOTE: A) THE TERMS OF THE COMPENSATION AND THE DATE IT WAS APPROVED; B) THE MEMBERS OF THE APPROVAL BODY WHO WERE PRESENT DURING THE DELIBERATIONS ON THE COMEPNSATION THAT WAS APPROVED AND THOSE WHO VOTED ON IT; C) THE COMPARABILITY DATA OBTAINED AND RELIED UPON AND HOW THE DATA WERE OBTAINED; AND D) ANY ACTIONS TAKEN WITH RESPECT TO CONSIDERATION OF THE COMPENSATION BY ANYONE WHO IS OTHERWISE A MEMBER OF THE APPROVAL BODY BUT WHO HAD A CONFLICT OF INTEREST WITH RESPECT TO THE DECISION ON THE COMPENSATION. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN IN 2018 FOR THE INCOMING PRESIDENT & CEO, V. ROSE. FORM 990, PART VI, SECTION C, LINE 19 THE FORUM'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO PUBLIC. THE FORUM'S FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AND AT THE OFFICE OF THE MINNESOTA ATTORNEY GENERAL. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 134,487. MANAGEMENT AND GENERAL EXPENSES 109,740. FUNDRAISING EXPENSES 8,431. TOTAL EXPENSES 252,658.