2024-05-15T08:29:17-05:00 2023-06-30 420714325 RSM US LLP 4 TIMES SQUARE NEW YORK NY 10036 990 2022-07-01 132584273 ALVIN AILEY DANCE FOUNDATION INC ALVI 2124059000 405 WEST 55TH STREET NEW YORK NY 10019 PAMELA ROBINSON CHIEF FINANCIAL OFFICER 2124059000 2024-05-15 1 PAMELA ROBINSON 999009999 0 MICHELLE O'NEILL P01372721 2123721000 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z BENNETT RINK 405 WEST 55TH STREET NEW YORK NY 10019 68286485 0 X WWW.ALVINAILEY.ORG X 1958 NY ALVIN AILEY DANCE FOUNDATION'S MISSION IS TO FURTHER THE PIONEERING VISION OF ALVIN AILEY. 29 27 630 44 126749 110363 26599216 12208696 14212776 19054331 9084905 6712529 -500988 -819153 49395909 37156403 1068697 1366994 0 0 22442473 26875386 0 0 3065530 18926545 20026497 42437715 48268877 6958194 -11112474 257662922 257305406 34452897 33302978 223210025 224002428 X SEE SCHEDULE OALVIN AILEY DANCE FOUNDATION'S MISSION IS TO FURTHER THE PIONEERING VISION OF THE CHOREOGRAPHER, DANCER, AND CULTURAL LEADER ALVIN AILEY BY BUILDING AN EXTENDED CULTURAL COMMUNITY WHICH PROVIDES DANCE PERFORMANCES, TRAINING AND EDUCATION, AND COMMUNITY PROGRAMS FOR ALL PEOPLE. THIS PERFORMING ARTS COMMUNITY PLAYS A CRUCIAL SOCIAL ROLE, USING THE BEAUTY AND HUMANITY OF THE AFRICAN-AMERICAN HERITAGE AND OTHER CULTURES TO UNITE PEOPLE OF ALL RACES, AGES AND BACKGROUNDS. 0 0 18036309 0 8254970 ALVIN AILEY AMERICAN DANCE THEATER - SEE SCHEDULE OFOUNDED BY ALVIN AILEY IN 1958, ALVIN AILEY AMERICAN DANCE THEATER NOW ANNUALLY REACHES ABOUT 300,000 AUDIENCE MEMBERS ACROSS THE GLOBE. SINCE ITS INCEPTION, THE COMPANY HAS PERFORMED IN 71 COUNTRIES ON 6 CONTINENTS FOR AN ESTIMATED 25 MILLION PEOPLE AT VENUES WORLDWIDE, PLUS TENS OF MILLIONS MORE PEOPLE VIA TELEVISION APPEARANCES. IN 2008, THE AILEY COMPANY WAS DESIGNATED "A VITAL AMERICAN CULTURAL AMBASSADOR TO THE WORLD" BY THE UNITED STATES CONGRESS. THE COMPANY CONSISTS OF THIRTY OF THE MOST TALENTED AND VERSATILE DANCERS IN THE WORLD, AND ITS DIVERSE REPERTORY IS UNPARALLELED IN MODERN DANCE. A TYPICAL ALVIN AILEY AMERICAN DANCE THEATER SEASON INCLUDES A U.S. TOUR TO OVER 20 CITIES, INTERNATIONAL TOURING, AND TWO ENGAGEMENTS IN ITS HOME BASE OF NEW YORK CITY: A SPRING ENGAGEMENT AT LINCOLN CENTER AND A 5-WEEK WINTER ENGAGEMENT AT NEW YORK CITY CENTER, WHERE AILEY IS THE PRINCIPAL DANCE COMPANY AND HAS APPEARED ANNUALLY SINCE 1972. 16299314 1366994 9554066 AILEY EDUCATION AND OUTREACH PROGRAMS - SEE SCHEDULE OTHROUGH THE AILEY SCHOOL, ITS EXTENSIVE ARTS IN EDUCATION PROGRAMS, AND THE AILEY EXTENSION, THE ORGANIZATION IS COMMITTED TO BRINGING DANCE INTO THE LIVES OF INDIVIDUALS OF ALL AGES AND BACKGROUNDS.FOUNDED IN 1969, THE AILEY SCHOOL IS AN ACCREDITED INSTITUTIONAL MEMBER OF THE NATIONAL ASSOCIATION OF SCHOOLS OF DANCE AND SERVES AS THE OFFICIAL SCHOOL OF THE ALVIN AILEY AMERICAN DANCE THEATER. THE SCHOOL OFFERS MORE THAN 300 CLASSES WEEKLY FOR AGES 3 THROUGH 25 IN A BROAD RANGE OF DANCE TECHNIQUES. THE SCHOOL'S SCHOLARSHIP PROGRAM PROVIDES ASSISTANCE FOR TALENTED AND DESERVING STUDENTS; APPROXIMATELY 200 SCHOLARSHIPS ARE AWARDED EACH YEAR AND THE MAJORITY OF FINANCIAL ASSISTANCE GOES TO MINORITY STUDENTS. IN CONJUNCTION WITH FORDHAM UNIVERSITY, THE AILEY SCHOOL ALSO OFFERS A BACHELOR OF FINE ARTS DEGREE IN DANCE.EACH YEAR, AILEY ARTS IN EDUCATION AND COMMUNITY PROGRAMS PROVIDE YOUNG PEOPLE FROM DIVERSE CULTURAL AND ECONOMIC BACKGROUNDS THE OPPORTUNITY TO EXPLORE THEIR CREATIVE POTENTIAL, BUILD SELF-ESTEEM, AND DEVELOP LIFE-SKILLS SUCH AS TEAMWORK AND SELF-DISCIPLINE. PROGRAMS INCLUDE AILEYCAMP, A UNIQUE SUMMER DAY CAMP PROGRAM FOR UNDERSERVED CHILDREN IN MAJOR CITIES ACROSS THE UNITED STATES; AILEYDANCE KIDS, WHICH PRESENTS DANCE CLASSES AND CROSS-CURRICULAR LESSONS TO APPROXIMATELY 4,000 PUBLIC SCHOOL STUDENTS IN NY AND NJ; REVELATIONS: AN INTERDISCIPLINARY APPROACH, A CURRICULUM-BASED INITIATIVE THAT USES ALVIN AILEY AMERICAN DANCE THEATER'S SIGNATURE PIECE TO TEACH ACADEMIC SUBJECTS IN CLASSROOMS ACROSS THE COUNTRY.THE AILEY EXTENSION OFFERS DANCE AND FITNESS CLASSES OPEN TO THE PUBLIC, WITH MORE THAN 80 CLASSES EACH WEEK IN A VARIETY OF TECHNIQUES INCLUDING HORTON, BALLET, WEST AFRICAN, AND ZUMBA. SINCE ITS INCEPTION IN 2005, MORE THAN 125,000 PEOPLE HAVE TAKEN CLASSES THROUGH THE AILEY EXTENSION. 2549159 733392 AILEY II - SEE SCHEDULE OLAUNCHED BY MR. AILEY IN 1974, AILEY II IS NOW UNIVERSALLY RENOWNED FOR MERGING THE COUNTRY'S BEST YOUNG DANCE TALENT WITH THE CREATIVE VISION OF TODAY'S MOST OUTSTANDING EMERGING CHOREOGRAPHERS. AILEY II IS COMPRISED OF 12 OF THE AILEY SCHOOL'S MOST PROMISING SCHOLARSHIP STUDENTS AND REACHES AUDIENCES IN MORE THAN 40 CITIES EACH YEAR ACROSS THE U.S. AND ABROAD. THE COMPANY OFFERS ITS DANCERS INVALUABLE PERFORMING AND TEACHING EXPERIENCE AND CRUCIAL TRAINING, CREATING A BRIDGE FROM THE CLASSROOM TO THE STAGE. 1788319 488820 ANCILLARY ON-SITE COMMUNITY PROGRAMS (STUDIO OPERATIONS AND RENTALS) 1788319 488820 38673101 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 214 0 1 630 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 29 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA FL GA IL MA MD NC NJ NY PA VA X PAMELA ROBINSON 2124059000 405 WEST 55TH STREET NEW YORK NY 10019 X BENNETT RINK TRUSTEE/EXECUTIVE DIRECTOR 40.00 X X 633558 0 47658 ROBERT BATTLE TRUSTEE/ARTISTIC DIRECTOR 40.00 X X 613170 0 28454 JOY ALLEN-ALTIMARE TRUSTEE 5.00 X 0 0 0 ELEANOR S APPLEWHAITE TRUSTEE 5.00 X 0 0 0 PAULETTE MULLINGS BRADNOCK TRUSTEE (THRU 9/19/22) 5.00 X 0 0 0 GUNTHER BRIGHT TRUSTEE 5.00 X 0 0 0 LAURA D CORB TRUSTEE 5.00 X 0 0 0 SUZAN KEREERE TRUSTEE (AS OF 4/3/2023) 5.00 X 0 0 0 ROBERT KISSANE TRUSTEE 5.00 X 0 0 0 ANTHONY A LEWIS TRUSTEE 5.00 X 0 0 0 LESLIE L MAHERAS TRUSTEE 5.00 X 0 0 0 LUCINDA C MARTINEZ TRUSTEE 5.00 X 0 0 0 JACK PITTS TRUSTEE 5.00 X 0 0 0 MUHAMMAD QUBBAJ TRUSTEE 5.00 X 0 0 0 LATA N REDDY TRUSTEE 5.00 X 0 0 0 OTI ROBERTS TRUSTEE (AS OF 9/22/22) 5.00 X 0 0 0 DANIELLE M ROBINSON PHD TRUSTEE 5.00 X 0 0 0 CARA SABIN TRUSTEE 5.00 X 0 0 0 JOAN H WEILL TRUSTEE 5.00 X 0 0 0 JULIA C WELLBORN TRUSTEE (AS OF 4/3/2023) 5.00 X 0 0 0 EDNA KANE WILLIAMS TRUSTEE 5.00 X 0 0 0 DEJUAN V WILSON TRUSTEE 5.00 X 0 0 0 GILLIAN WYNN TRUSTEE (THRU 6/30/23) 5.00 X 0 0 0 JEAN-RENE ZETRENNE TRUSTEE 5.00 X 0 0 0 PAMELA D ZILLY TRUSTEE 5.00 X 0 0 0 DARIA L WALLACH CHAIR 10.00 X X 0 0 0 ANTHONY S KENDALL PRESIDENT 10.00 X X 0 0 0 SELA THOMPSON COLLINS VICE CHAIR 5.00 X X 0 0 0 JAISHRI KAPOOR VICE CHAIR 5.00 X X 0 0 0 STEPHEN J MERINGOFF VICE CHAIR 5.00 X X 0 0 0 ARTHUR J MIRANTE II VICE CHAIR 5.00 X X 0 0 0 PAMELA ROBINSON CFO/TREASURER 40.00 X 292044 0 48926 ELENA M PAUL ESQ GENERAL COUNSEL/BOARD SECRETARY 40.00 X 241384 0 27087 INES ASLAN CHIEF EXTERNAL AFFAIRS OFFICER 40.00 X 293767 0 1639 MATTHEW RUSHING ASSOCIATE ARTISTIC DIRECTOR 40.00 X 189085 0 21518 JUSTIN GARLINGHOUSE MANAGING DIRECTOR OF DEVELOPMENT 40.00 X 235212 0 22920 CHAD J SUTTON DIRECTOR OF INFORMATION TECHNOLOGY 40.00 X 202627 0 53691 CHRISTOPHER ZUNNER DIRECTOR OF PUBLIC RELATIONS 40.00 X 223638 0 22155 MICHAEL CANAROZZI FACILITY DIRECTOR 40.00 X 181099 0 35497 ERIC D WRIGHT GENERAL MANAGER 40.00 X 188483 0 21652 3294067 0 331197 45 0 1 0 NEW YORK CITY CENTER 130 W 56TH ST NEW YORK NY 10019 THEATER PRODUCTION 909847 SPECTRUM BUILDING SERVICES INC 1776 BROADWAY SUITE 1102 NEW YORK NY 10019 CLEANING SERVICES 607665 OUTFRONT PO BOX 33074 NEWARK NJ 07188 ADVERTISING 585795 JPMORGAN CHASE BANK 270 PARK AVENUE NEW YORK NY 10017 MANAGEMENT FEES 412961 NEW YORK CITY BALLET 70 LINCOLN CENTER PLAZA NEW YORK NY 10023 THEATER PRODUCTION 372300 21 3736271 1224095 7248330 467533 12208696 PERFORMANCE FEES 711120 8937213 8937213 TUITION & TEACHING FEES 611600 8895592 8895592 STUDENT FEES 611710 610935 610935 STUDIO INCOME 531120 511903 488820 23083 SCHOOL TICKET SALES 611600 98688 98688 19054331 4394681 103666 4291015 211456 211456 32021337 29703489 2317848 2317848 2317848 327130 3736271 1426593 -1099463 -1099463 PERFORMANCE REIMBURSEMENT FEES 900099 48764 48764 MISC. INCOME 900099 20090 20090 68854 37156403 19031248 126749 5789710 1366994 1366994 2499105 461622 2037483 19269591 16547467 1206706 1515418 624483 548701 36805 38977 2976753 2464656 340214 171883 1505454 1231280 164098 110076 198672 198672 229593 229593 611799 611799 4644487 3699787 758391 186309 1197386 1197386 906811 417116 366218 123477 441300 379518 44130 17652 158343 158343 3171102 2920942 178686 71474 2764764 2722505 16841 25418 800478 688411 80048 32019 2095206 1801877 209521 83808 315236 271103 31524 12609 PRODUCTION & SCENERY 868857 868857 EQUIPMENT RENTAL 432780 432780 COSTUMES & WARDROBE 428514 428514 DONOR CULTIVATION 226327 226327 534842 65242 19517 450083 48268877 38673101 6530246 3065530 4888346 4909495 6646097 1700639 7935624 4839975 1345523 942809 15893 15893 501280 777177 80019967 28512489 52781019 51507478 115423617 96402696 62965081 91779796 100000 100000 5060442 4329448 257662922 257305406 3112755 2643440 2943998 3884828 23676590 23127898 4719554 3646812 34452897 33302978 X 130194926 133280040 93015099 90722388 223210025 224002428 257662922 257305406 -11112474 11904877 0 X 0 1 X 1 1 1 X 11345192 15998572 41926834 26599216 12208696 108078510 24914628 20132022 6576640 14201192 19031248 84855730 36259820 36130594 48503474 40800408 31239944 192934240 1476596 3426773 836418 1152069 1256973 8148829 0 1476596 3426773 836418 1152069 1256973 8148829 184785411 3221467 3276881 2965351 3102125 4502471 17068295 3221467 3276881 2965351 3102125 4502471 17068295 85394 17271 127226 111364 341255 684099 396453 185377 581515 395984 2243428 40250780 39803928 51671473 44611274 36249763 212587218 0.86920 0.87970 0.08030 0.07050 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME SPECIAL EVENTS INCOME PERFORMANCE REIMBURSEMENT FEES RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 578964 X X 0 76774127 9498816 3988882 82284061 84628886 -7247736 607023 76774127 72697039 12373883 442036 84628886 71754140 150000 3719648 2926749 72697039 69317922 1247295 4132562 2943639 71754140 0.33360 0.54900 0.11740 0 0 9334293 9334293 56474307 18433772 38040535 14211367 10078717 4132650 51507478 FIDELITY 500 INDEX FD-AI 44431542 F ALTERNATIVE INVESTMENTS FUNDS 2770352 F CERTIFICATES OF DEPOSIT 20402248 F VANGUARD TTL BOND MARKET INDEX- ADM 24175654 F 91779796 LIABILITIES FOR AMOUNTS HELD FOR OTHERS 38679 OPERATING LEASE LIABILITIES 3608133 3646812 X 47723026 11904877 214420 -940875 11178422 36544604 611799 611799 37156403 46930623 214420 214420 46716203 611799 940875 1552674 48268877 PART III, LINE 4: THE FOUNDATION OWNS JOINTLY, WITH THE SMITHSONIAN INSTITUTION, A COLLECTION OF ORIGINAL HISTORIC PHOTOGRAPHS OF ALVIN AILEY AND ALVIN AILEY AMERICAN DANCE THEATER BY PHOTOGRAPHER JACK MITCHELL (THE COLLECTION). THE COLLECTION IS HOUSED AND MAINTAINED BY THE LIBRARY OF CONGRESS. PART V, LINE 4: THE FOUNDATION'S ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. THE FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE ORGANIZATION MUST HOLD IN PERPETUITY OR FOR A DONOR-SPECIFIED PERIOD(S) AS WELL AS BOARD-DESIGNATED FUNDS. PART X, LINE 2: THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION AND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE IRC AND FROM STATE AND LOCAL INCOME TAXES. THE FOUNDATION IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. MANAGEMENT HAS EVALUATED THE FOUNDATION'S TAX POSITIONS AND HAS CONCLUDED THAT THE FOUNDATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO, OR DISCLOSURE IN, THE FINANCIAL STATEMENTS. THE FOUNDATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. THE FOUNDATION FILES AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS TO REPORT ITS UNRELATED BUSINESS TAXABLE INCOME. PART XI, LINE 2D - OTHER ADJUSTMENTS: TUITION REMISSIONS & OTHER GRANTS -940,875. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION REMISSIONS & OTHER GRANTS 940,875. CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 2770352 EUROPE 0 0 PROGRAM SERVICES DANCE PERFORMANCE 3336 NORTH AMERICA 0 0 PROGRAM SERVICES DANCE PERFORMANCE 187861 0 0 0 0 0 0 2961549 0 2961549 1 0 1 0 0 0 PART III ACCOUNTING METHOD: OPENING NIGHT GALA 2585628 2428478 157150 47651 110170 113311 146359 DC GALA 988174 868294 119880 51991 181538 30000 177251 1 489599 439499 50100 176157 158240 5000 228925 4063401 3736271 327130 275799 449948 148311 552535 1426593 -1099463 1 TUITION REMISSION 119 675814 FMV TUITION REMISSION CREDITED TO STUDENTS' ACCOUNTS LIVING STIPENDS 71 343017 TUITION ASSISTANCE 26 348163 PART I, LINE 2: STUDENT AID IS GIVEN IN THE FORM OF TUITION REMISSION, WHICH IS APPLIED DIRECTLY TO THE STUDENT'S ACCOUNT. OTHER AID IS GIVEN THROUGH CASH STIPENDS FOR LIVING EXPENSES AND TUITION ASSISTANCE FOR FORDHAM BFA STUDENTS. THIS AID IS DISBURSED EACH SEMESTER WHEN THE STUDENT ARRIVES. THE STUDENT MUST MAINTAIN SATISFACTORY ACADEMIC PROGRESS IN ALL OF THEIR CLASSES. X X X X X 0 0 0 0 0 0 0 1 0 BENNETT RINK TRUSTEE/EXECUTIVE DIRECTOR 550265 0 83293 0 0 0 15411 0 32247 0 681216 0 0 0 ROBERT BATTLE TRUSTEE/ARTISTIC DIRECTOR 558534 0 54636 0 0 0 12662 0 15792 0 641624 0 0 0 PAMELA ROBINSON CFO/TREASURER 292044 0 0 0 0 0 8923 0 40003 0 340970 0 0 0 INES ASLAN CHIEF EXTERNAL AFFAIRS OFFICER 293767 0 0 0 0 0 1391 0 248 0 295406 0 0 0 ELENA M PAUL ESQ GENERAL COUNSEL/BOARD SECRETARY 241384 0 0 0 0 0 7432 0 19655 0 268471 0 0 0 JUSTIN GARLINGHOUSE MANAGING DIRECTOR OF DEVELOPMENT 235212 0 0 0 0 0 7128 0 15792 0 258132 0 0 0 CHAD J SUTTON DIRECTOR OF INFORMATION TECHNOLOGY 202627 0 0 0 0 0 6923 0 46768 0 256318 0 0 0 CHRISTOPHER ZUNNER DIRECTOR OF PUBLIC RELATIONS 223638 0 0 0 0 0 6777 0 15378 0 245793 0 0 0 MICHAEL CANAROZZI FACILITY DIRECTOR 171099 0 10000 0 0 0 5925 0 29572 0 216596 0 0 0 MATTHEW RUSHING ASSOCIATE ARTISTIC DIRECTOR 189085 0 0 0 0 0 5730 0 15788 0 210603 0 0 0 ERIC D WRIGHT GENERAL MANAGER 188483 0 0 0 0 0 5860 0 15792 0 210135 0 0 0 PART I, LINE 7 AS DELINEATED IN THEIR WRITTEN EMPLOYMENT CONTRACTS, THE EXECUTIVE DIRECTOR & ARTISTIC DIRECTOR MAY RECEIVE A BONUS FOR MEETING OBJECTIVES AND PERFORMANCE CRITERIA AGREED UPON WITH THE BOARD. DURING THE YEAR, THE NON-FIXED PAYMENT AMOUNT AWARDED TO THE EXECUTIVE DIRECTOR WAS $83,293 & THE ARTISTIC DIRECTOR WAS $54,636. THE FACILITY DIRECTOR RECEIVED A NON-FIXED PAYMENT IN THE FORM OF A BONUS DURING THE YEAR OF $10,000. A THE TRUST FOR CULTURAL RESOURCES OF THE CITY OF NEW YORK 911882413 649747UA1 2016-08-16 26821240 SEE PART VI 0 0 0 A 510000 26834014 563006 536425 15717523 10016975 85 2017 1 0 1 1 A 0 0 1 0 0 0.01000 0.01000 0 0 1 A 0 1 0 0 1 0 0 0 1 A 0 SCHEDULE K, PART I, BOND ISSUES: DESCRIPTION OF PURPOSE: (1) CURRENT REFUNDING OF THE OUTSTANDING THE TRUST FOR CULTURAL RESOURCES FOR THE CITY OF NEW YORK REVENUE BONDS, SERIES 2003 (ALVIN AILEY DANCE FOUNDATION), WHICH WERE ISSUED ON 11/03/2003, AND (2) FINANCE A PORTION OF THE COSTS OF CONSTRUCTION, RENOVATION AND EQUIPPING OF THE ORGANIZATION'S FACILITIES. SCHEDULE K, PART II, PROCEEDS: LINE 3: THE DIFFERENCE BETWEEN THE AMOUNT IN LINE 3 AND THE AMOUNT IN PART I, COLUMN (E) IS INVESTMENT EARNINGS ON PROCEEDS. X 1 5000 RETAIL VALUE X 8 414843 FMV X EVENT GOODS/SUPPLIES 1 46655 RETAIL VALUE X TICKETS 4 1035 FMV 0 0 0 0 PART I, COLUMN (B): THE NUMBER REPORTED REPRESENTS THE NUMBER OF CONTRIBUTIONS DURING THE FISCAL YEAR ENDED JUNE 30, 2023. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT OF THE 990 IS THOROUGHLY EXAMINED AND REVIEWED BY THE TREASURER & CFO AND THE AUDIT COMMITTEE, AS WELL AS THE EXECUTIVE DIRECTOR AND BY OTHER KEY STAFF AS APPROPRIATE. THE COMPLETED 990 IS THEN REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS (WHO WAS PREVIOUSLY DELEGATED THAT RESPONSIBILITY BY THE FULL BOARD) PRIOR TO FILING. ALSO PRIOR TO FILING, A FULL COPY IS SENT TO THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C PRIOR TO A TRUSTEE'S INITIAL ELECTION TO THE BOARD, OR AN OFFICER OR KEY EMPLOYEE'S EMPLOYMENT AT AADF, AND THEREAFTER ON AN ANNUAL BASIS, EACH INDIVIDUAL MUST SIGN AND SUBMIT, TO THE SECRETARY OF AADF, A STATEMENT WHICH AFFIRMS SUCH PERSON: (1) HAS RECEIVED A COPY OF THIS POLICY, (2) HAS READ AND UNDERSTANDS THE POLICY, AND (3) HAS AGREED TO COMPLY WITH THE POLICY. IN ADDITION, WHEN ANY MATTER IN WHICH AN INSIDER HAS AN INTEREST COMES BEFORE THE BOARD OR ANY COMMITTEE FOR DECISION OR APPROVAL, THE INSIDER SHALL IMMEDIATELY DISCLOSE IN GOOD FAITH ALL MATERIAL FACTS OF HIS OR HER INTEREST IN WRITING. AN INDIVIDUAL WITH A CONFLICT OF INTEREST MUST NOT BE PRESENT FOR DELIBERATIONS AND VOTING ON THE TRANSACTION OR ARRANGEMENT. IF THE CHAIRMAN OR PRESIDENT OF THE BOARD DETERMINE THAT THERE IS A POTENTIAL CONFLICT OF INTEREST, THE CHAIRMAN OR PRESIDENT OF THE BOARD WILL CONSULT WITH THE EXECUTIVE COMMITTEE TO RESOLVE THE APPARENT CONFLICT, IN ACCORDANCE WITH THE PROCEDURES DESCRIBED IN THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 A COMPENSATION COMMITTEE, DESIGNATED BY THE BOARD, PERFORMS DUE DILIGENCE ON APPROPRIATE COMPENSATION FOR THE EXECUTIVE DIRECTOR, ARTISTIC DIRECTOR AND THE CFO AND MAKES A RECOMMENDATION TO THE EXECUTIVE COMMITTEE FOR APPROVAL. THE COMPENSATION COMMITTEE SEEKS DIRECTION AND ADVICE FROM OUTSIDE COUNSEL, WHO SPECIALIZE IN EXECUTIVE COMPENSATION, AND FROM CONSULTANTS WHO PERFORM BENCHMARKING ANALYSIS TO ASSIST IN DEVELOPING THE RECOMMENDATION. THE EXECUTIVE COMMITTEE MEETS WITH THE COMPENSATION COMMITTEE AND COUNSEL TO REVIEW THE PROPOSED COMPENSATION. AADF PERFORMS INTERNAL BENCHMARKING FOR OTHER OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION USING PUBLISHED SURVEYS AND OTHER RESOURCES. SALARY RECOMMENDATIONS ARE PROPOSED BY THE EXECUTIVE DIRECTOR TO THE EXECUTIVE COMMITTEE OF THE BOARD FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE IRS FORM 990 IS AVAILABLE UPON REQUEST AND ALSO ON WEBSITES SUCH AS GUIDESTAR.ORG. GOVERNING DOCUMENTS, SUCH AS THE CONFLICT OF INTEREST POLICY AND THE AUDITED FINANCIAL STATEMENTS, ARE NOT AVAILABLE TO THE GENERAL PUBLIC. FORM 990, PART VII: THE ORGANIZATION, IN A FULL TRANSPARENCY POSTURE TO REPORTING, IS REPORTING ALL BENEFITS IN FULL IN PART VII, COLUMN F, AND NOT APPLYING THE $10,000 PER ITEM EXCEPTION FOR CERTAIN BENEFITS. FORM 990, PART VII & SCHEDULE J: ROBERT BATTLE, ARTISTIC DIRECTOR & TRUSTEE, IS COMPENSATED FOR HIS SERVICE TO THE ORGANIZATION AS THE ARTISTIC DIRECTOR, NOT FOR HIS SERVICE AS A TRUSTEE. BENNETT RINK, EXECUTIVE DIRECTOR & TRUSTEE, IS COMPENSATED FOR HIS SERVICE TO THE ORGANIZATION AS THE EXECUTIVE DIRECTOR, NOT FOR HIS SERVICE AS A TRUSTEE. FORM 990, PART VII, SECTION A, LINE 1A, COLUMN B: THE NUMBER OF HOURS REPORTED FOR THOSE INDIVIDUALS RECEIVING COMPENSATION IS BASED ON WEEKLY HOURS FOR PAYROLL PURPOSES. THE ACTUAL NUMBER OF HOURS WORKED IS CONSIDERABLY HIGHER.