2024-11-15T06:54:27-06:00 2024-06-30 921397405 TSS ADVISORS LLC 19 MORGAN DRIVE LEBANON NH 03766 990 2023-07-01 412071791 THE CENTER FOR CARTOON STUDIES CENT 8022953319 PO BOX 125 WHITE RIVER JUNCTION VT 05001 MICHELLE OLLIE PRESIDENT 8022953319 2024-11-14 1 0 KENNETH P GOODROW CPA P00435339 6036530044 2024-11-14 2023 2024-10-15 13:58:12Z MICHELLE OLLIE PO BOX 125 WHITE RIVER JUNCTION VT 05001 1325831 0 X HTTP://WWW.CARTOONSTUDIES.ORG/ X 2002 VT CCS OFFERS A TWO-YEAR COURSE OF STUDY THAT CENTERS ON THE CREATION AND DISSEMINATION OF COMICS, GRAPHIC NOVELS, AND OTHER MANIFESTATIONS OF THE VISUAL NARRATIVE. EXPERIENCED, INTERNATIONALLY RECOGNIZED CARTOONISTS, WRITERS, AND DESIGNERS TEACH CLASSES. LOCATED IN HISTORIC DOWNTOWN WHITE RIVER JCT, VT, 8 6 12 8 0 0 499859 265123 961673 970853 8520 41381 -36427 -41807 1433625 1235550 20500 27000 0 0 489074 511320 0 0 75191 642172 664404 1151746 1202724 281879 32826 2674360 2740590 236772 259723 2437588 2480867 X CCS IS DEDICATED TO PROVIDING THE HIGHEST QUALITY OF EDUCATION TO STUDENTS INTERESTED IN CREATING VISUAL STORIES. CCS'S CURRICULUM OF ART, GRAPHIC DESIGN, AND LITERATURE REFLECT THE WIDE ARRAY OF SKILLS NEEDED TO CREATE COMICS AND GRAPHIC NOVELS. CCS EMPHASIZES SELF-PUBLISHING AND PREPARES ITS STUDENTS TO PUBLISH, MARKET, AND DISSEMINATE THEIR WORK. CCS, RECOGNIZING THE CENTRAL ROLE THAT SOCIALLY RESPONSIBLE BUSINESSES CAN PLAY IN A COMMUNITY, WILL INITIATE AND BE RESPONSIVE TO INNOVATIVE WAYS TO IMPROVE THE LOCAL CULTURAL AND ECONOMIC QUALITY OF LIFE. 0 0 834791 27000 970853 COMIC ART EDUCATION 834791 1 1 0 0 0 0 0 1 0 0 1 1 0 0 1 1 1 0 1 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 61 0 1 12 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X DAVE LLOYD 8022953319 PO BOX 125 WHITE RIVER JUNCTION VT 05001 WARREN BINGHAM CHAIR 1.00 X X 0 0 0 MATT DUNNE DIRECTOR 1.00 X 0 0 0 ANN HARGRAVES TREASURER 1.00 X X 0 0 0 PEGGY KANNENSTINE DIRECTOR UNTIL JUNE 2023 1.00 X 0 0 0 CHARLES LIEF SECRETARY 1.00 X X 0 0 0 MICHELLE OLLIE CCS, PRESIDENT 40.00 X X 101830 0 20161 JAMES STURM CCS, DIRECTOR 40.00 X X 88474 0 31459 STEVE KARCHER DIRECTOR 1.00 X 0 0 0 DONNA ALEMDRALA DIRECTOR 1.00 X 0 0 0 190304 0 51620 1 0 0 0 0 265123 3730 265123 TUITION 611710 871714 871714 STUDIO PROJECT INCOME 611710 95744 95744 OTHER INCOME 611710 3395 3395 970853 41381 41381 48474 90281 -41807 -41807 -41807 1235550 970853 0 -426 27000 27000 232476 141810 65093 25573 219014 125477 67155 26382 7759 4327 2464 968 21216 10803 7476 2937 30855 18113 9148 3594 21213 21213 50783 33708 17075 9915 9915 97965 36816 61149 2418 1644 291 483 45072 45072 15007 9154 4202 1651 ADJUNCT FACULTY 188343 188343 STUDIO PROJECTS 64513 64513 OTHER PROGRAM EXPENSES 49254 49254 SUPPLIES 36170 21702 14468 83751 47140 23008 13603 1202724 834791 292742 75191 762342 345506 358506 373849 175737 75737 669 46567 20025 41613 1851332 840285 1030489 1011047 323992 779238 2600 67033 2674360 2740590 19376 20934 214371 172631 3025 66158 236772 259723 X 2128060 2153589 309528 327278 2437588 2480867 2674360 2740590 32826 10453 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 75000 75000 1100489 326258 774231 141825 74199 67626 63713 33183 30530 470305 406645 63660 1011047 VANGUARD MUTUAL FUND 779238 F 779238 TENANT DEPOSITS 3225 RIGHT-OF-USE LIABILITY 62933 66158 X 1339284 10453 30000 90281 130734 1208550 27000 27000 1235550 1296005 30000 90281 120281 1175724 27000 27000 1202724 PART III, LINE 1A: THE SCHOOL HAS ADOPTED A POLICY IN WHICH COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES OR CONTRIBUTIONS SINCE THE SCHOOL'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE STATEMENT OF ACTIVITIES. THE COLLECTIONS ARE HELD BY THE SCHOOL FOR THE PURPOSES OF PUBLIC DISPLAY AND TO SUPPORT THE ACADEMIC PROGRAMS. THE COLLECTIONS ARE PROTECTED, KEPT UNENCUMBERED, CARED FOR, AND PRESERVED BY THE SCHOOL. ALL COLLECTION ITEMS ARE SUBJECT TO AN ORGANIZATIONAL POLICY THAT REQUIRES THE USE OF PROCEEDS FROM ITEMS THAT ARE SOLD TO BE FOR THE ACQUISITION OF NEW COLLECTION ITEMS, THE DIRECT CARE OF EXISTING COLLECTIONS, OR BOTH. PART X, LINE 2: ACCOUNTING STANDARDS CODIFICATION SUBTOPIC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, ADDRESSES THE ACCOUNTING UNCERTAINTY OF INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS AND PRESCRIBES A THRESHOLD OF "MORE-LIKELY-THAN NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. SUBTOPIC 740-10 ALSO PROVIDES GUIDANCE ON MEASUREMENT CLASSIFICATION, INTEREST AND PENALTIES AND DISCLOSURE. THE SCHOOL HAS DETERMINED THAT THE PROVISIONS OF SUBTOPIC 740-10 DO NOT HAVE A MATERIAL EFFECT ON THE SCHOOL'S FINANCIAL STATEMENTS. THE SCHOOL BELIEVES IT IS NO LONGER SUBJECT TO EXAMINATIONS FOR YEARS PRIOR TO 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 90,281. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 27,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 90,281. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 27,000. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE POLICY IS STATED ON ALL STUDENT APPLICATIONS AND IN THE STUDENT HANDBOOK. 1 FINANCIAL AID 8 27000 SCHOLARSHIPS PART I, LINE 2: THE SCHOOL OFFERS MERIT BASED SCHOLARSHIPS FOR WHICH ALL STUDENTS ARE ELIGIBLE. A SCHOLARSHIP COMMITTEE MEETS AND MAKES SELECTIONS BASED UPON REVIEW OF EACH STUDENT'S ADMISSIONS APPLICATION PORTFOLIO. FORM 990, PART VI, SECTION B, LINE 11B AFTER MEETING WITH THE AUDITORS AT THE ANNUAL MEETING TO REVIEW AND APPROVE THE ORGANIZATIONS AUDITED FINANCIAL STATEMENTS, THE BOARD HAS AN OPPORTUNITY TO REVIEW FORM 990 AND SUBMIT ANY QUESTIONS IN WRITING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE BOARD COMPLETES A DISCLOSURE FORM RELATED TO THE CONFLICT OF INTEREST POLICY AS PART OF THE EXTERNAL AUDIT. FORM 990, PART VI, SECTION B, LINE 15 SALARIES FOR KEY EMPLOYEES ARE DETERMINED BY THE BOARD AND CCS ADMINISTRATION AT THE HIRE DATE BASED ON RESEARCH INTO COMPENSATION AT COMPARABLE HIGHER EDUCATION INSTITUTIONS BOTH LOCALLY AND NATIONALLY. SALARY INCREASES FOR KEY EMPLOYEES ARE DETERMINED BY THE BOARD IN AN ANNUAL EXECUTIVE SESSION AS PART OF THE BUDGETING PROCESS. IN ADDITION, THE BOARD PRESIDENT CONDUCTS AN ANNUAL REVIEW OF KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS, POLICIES AND FINANCIAL STATMENT ARE AVAILABLE UPON REQUEST. PART XII, LINE 2C NO CHANGES FROM PRIOR YEAR