2024-12-05T11:50:16-08:00 2022-12-31 351916011 Tax Pros Box 5085 Bloomington IN 47407 990 2022-01-01 351941942 Lotus Education and Arts Foundation Inc LOTU 8123366599 PO Box 1667 Bloomington IN 47402 Katarina Koch Exec Dir 8123366599 2024-12-05 true true Steven G Hedges AttyCPA 8274-49 P01314358 8123369101 2024-12-05 X 2022 2024-10-15 13:58:12Z U Tamara Loewenthal 105 S Rogers St Bloomington IN 47404 405973 false X Lotusfest.org X 1994 IN Stimulate and promote interest in global and international music, dance and art activities 12 12 9 500 0 0 497904 276315 54273 99006 1268 6422 22662 558599 399251 0 0 215615 259756 0 42741 224761 271915 440376 531671 118223 -132420 670325 533469 4183 6425 666142 527044 Stimulate and promote interest in global and international music, dance and art activities false false 366117 0 99006 Support Music and Art Activities. Achievements include bringing live, global arts events and workshops to the community, showcasing talent and bringing together local participation in aspects of performand & production. Clients served=10,000. Donated Serv=$44,000. Donated Personal Time/Services=$100,000 179 0 1585 Provide Facilities for Music and Art Activities. Achievenents include providing expertise and networking contacts with other presenters and sites in the local community and Midwest in general. Clients served=150. Donated Serv=$15,000. Donated Personal Time/Services=$-0 0 0 4200 Provide Music and Art Education. Achievements include bringing arts to the local schools and local children through children oriented programing. Clients served=9,000. Donated Serv=$10,000 366296 true true false false false false false false false false true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 23 0 true 9 true false false false false false true true false false false false false false X 12 12 false false false false false false false true true false false true true true true true true true true false IN X Katarina Koch 8123366599 PO Box 1667 Bloomington IN 47402 Tamara Loewenthal Exec Dir 40.00 X 56072 0 9453 Geoffrey Bradley Board 1.00 X 0 0 0 Dave Debikey Board 1.00 X 0 0 0 Erica Penna Board 1.00 X 0 0 0 Jennifer Riley Simone Chair 1.00 X X 0 0 0 Andy Qualls Secy 1.00 X X 0 0 0 Genevieve Pritchard Board 1.00 X 0 0 0 Heidi Harmon Treasurer 1.00 X X 0 0 0 Katja Miller Board 1.00 X 0 0 0 Daniel Reed Board 1.00 X 0 0 0 Anne Bartlett Stowers Board 1.00 X 0 0 0 Michael Valliant Board 1.00 X 0 0 0 Zac Simpkins Board 1.00 X 0 0 0 56072 0 9453 false false false X 43863 232452 276315 Event Tix Sales #5110 711320 91046 0 0 School Wkshp Fees #5120 711320 4200 0 0 Concert Tix #5130 711320 1115 0 0 Class Wkshp Fees #5140 711320 1060 0 0 Other Prog Ser Rev #5100 711320 1585 0 0 99006 1268 0 1268 27911 6722 21189 0 21189 Food and Bev Sales 900099 1449 1449 0 0 Misc Income 900099 24 24 0 0 Ad Sales 900099 0 0 0 0 0 0 0 0 1473 399251 100479 0 22457 56072 0 56072 0 150358 124236 0 26122 26 0 26 0 37810 17015 11343 9452 15490 6970 4647 3873 14971 12500 1671 800 3579 1085 0 2494 20660 0 20660 0 21370 0 21370 0 2322 2322 0 0 6845 0 6845 0 Direct Progam Exp 202168 202168 0 0 Unemployment Pmt 0 0 0 0 0 0 0 0 531671 366296 122634 42741 312794 167545 221801 36755 191891 185046 165515 180753 125 125 670325 533469 4183 6425 4183 6425 X 666142 527044 666142 527044 670325 533469 X -132420 -6910 34387 X false false false X 0 364133 313408 330614 461034 242866 1712055 0 0 0 0 0 0 130000 130000 130000 130000 130000 650000 494133 443408 460614 591034 372866 2362055 0 2362055 1267 26925 30423 1285 1267 61167 0 0 0 0 0 0 210608 224509 14545 69487 148438 667587 3090809 99006 0.76420 0.75880 X 0 0 0 Pt II Ln 10 Other Income Part II, Line 10 Description: Admissions, Mdse, Spec Events Description: 5100 Prog Serv Rev 2018: 170540. 2019: 173944. 2020: 13610. 2021: 55558. 2022: 99006. Description: 5200 Misc Revenue 2018: 326. 2019: 1886. 2020: 293. 2021: 0. 2022: 24. Description: 5420 Fundrsng-Food/Bev 2019: 2111. 2020: 642. 2021: 760. 2022: 1449. Description: 5440 Fundrsng-Souvenirs 2019: 19695. 2020: 0. 2021: 11369. 2022: 12640. Description: 5840 Fundrsng Auction 2018: 0. 2019: 0. 2020: 0. 2021: 0. 2022: 6251. Description: 5810 " Spec Event Admiss 2018: 39742. 2019: 11973. 2020: 0. 2021: 0. 2022: 0. Description: 4500 In-kind Support Inc 2019: 14900. 2020: 0. 2021: 1800. 2022: 1590. Description: 5325 Endowmt Liq'd Distrib 2022: 34387. Description: 6800 Unrealized Gain 2022: -6909. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1 1 221800 36755 185045 185046 ONB Cert of Deposit 75000 F Vanguard Money Market 75203 F Vanguard Mutual Fund 30550 F 180753 Pt V, Line 4 Endowment funds are used to help pay for related activities of the organization such as artist's fees SpEvent-EdibleLotus 9020 9020 0 Souvenirs&Concessions 12640 12640 7123 3 6251 6251 0 27911 27911 7123 7123 20788 Pt VI, Line 11b Exec Dir & Board Finance Committee review tax return. Copy made avail to Board Members upon request Pt VI, Line 12c Monitoring of Conflicts Policy accomplished by annual inquiry Pt VI, Line 15a Exec Dir's pay was determined by Board investigation Pt VI, Line 15b Key Employee's pay determined by Board investigation Pt VI, Line 19 Conflicts Policy & tax returns avail to public at office upon request Pt VIII Misc Income is cash received from misc sales and unreconcilled differences in bank balances. Other Election under Reg 1.263(a). Taxpayer electes the expensing provisions of Reg 1.263(a) as modified by Notice 2015-82 Pt XI Other Income-Liquidating Distribution from Endowment Fund