2024-05-15T10:33:23-05:00 2023-06-30 352123203 KSM BUSINESS SERVICES INC PO BOX 40857 INDIANAPOLIS IN 46240 990 2022-07-01 260620716 THE GREAT AMERICAN SONGBOOK FOUNDATION INC GREA 3178449446 ONE CARTER GREEN CARMEL IN 46032 JEFFREY MCDERMOTT PRESIDENT/CEO 3178449446 2024-05-14 1 JEFFREY MCDERMOTT 999009999 0 CASSE TATE P01271193 3175802000 2024-05-14 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z JEFFREY MCDERMOTT ONE CARTER GREEN CARMEL IN 46032 3333074 0 X WWW.THESONGBOOK.ORG X 2008 IN TO INSPIRE AND EDUCATE BY CELEBRATING THE GREAT AMERICAN SONGBOOK. 23 23 7 35 0 0 1660610 2123882 25720 41096 -161992 -85385 -82623 0 1441715 2079593 0 0 0 0 732660 908092 0 0 367418 526301 656032 1258961 1564124 182754 515469 8944393 8444844 294222 415499 8650171 8029345 X TO INSPIRE AND EDUCATE BY CELEBRATING THE GREAT AMERICAN SONGBOOK. 0 0 417313 0 ARCHIVES, MUSEUM & PROPERTY ACTIVITIES: THE GREAT AMERICAN SONGBOOK FOUNDATION OVERSEES THE SONGBOOK LIBRARY & ARCHIVES, A VAST AND GROWING RESOURCE CONTAINING RECORDINGS, ARRANGEMENTS, IMAGES, MEMORABILIA, PERSONAL PAPERS AND OTHER ITEMS FROM THE 20TH CENTURY GOLDEN AGE OF AMERICAN POPULAR MUSIC. THE LIBRARY & ARCHIVES WAS ESTABLISHED TO PRESERVE THE PHYSICAL ARTIFACTS OF THE GREAT AMERICAN SONGBOOK'S CREATORS AND PERFORMERS FOR THE EDUCATION AND BENEFIT OF CURRENT AND FUTURE GENERATIONS. THE FACILITY ALSO INCLUDES A REFERENCE LIBRARY AND STUDY SPACE FOR RESEARCHERS STUDYING THE MUSIC AND THE CULTURE IT HAS INSPIRED. IN ADDITION, THE GREAT AMERICAN SONGBOOK EXHIBIT GALLERY OPEN TO THE PUBLIC IS A MULTIMEDIA EDUCATIONAL CENTER WITH ROTATING EXHIBITS DISPLAYING PIECES FROM THE ARCHIVES. AS A CULTURAL AFFILIATE OF THE LOS ANGELES-BASED GRAMMY MUSEUM, THE SONGBOOK FOUNDATION IS AMONG A HANDFUL OF INSTITUTIONS WORLDWIDE THAT COLLABORATE ON EXHIBITIONS, EDUCATIONAL INITIATIVES, RESEARCH PROGRAMS, INTERNSHIP OPPORTUNITIES, TECHNICAL SUPPORT AND MORE. THE FOUNDATION'S EVENTUAL GOAL IS TO ESTABLISH A FREESTANDING SONGBOOK HALL OF FAME MUSEUM TO HOUSE ITS COLLECTIONS AND PRESENT INTERACTIVE EXHIBITIONS THAT CELEBRATE THE ONGOING IMPORTANCE OF POPULAR MUSIC. 468042 41096 EDUCATION/OUTREACH: THE FOUNDATION HAS DEVELOPED EFFECTIVE EDUCATION AND OUTREACH PROGRAMS TO INTRODUCE PEOPLE OF ALL AGES TO THE MUSIC AND COMPOSERS OF THE GREAT AMERICAN SONGBOOK IN THE CONTEXT OF AMERICAN HISTORY AND CULTURE. THE ANNUAL SONGBOOK ACADEMY IS A LEADING MUSIC AND PERFORMANCE INTENSIVE FOR HIGH SCHOOL VOCALISTS THAT IS DEDICATED TO THE MUSIC OF BROADWAY, HOLLYWOOD MUSICALS AND THE TIN PAN ALLEY ERA OF THE EARLY TO MID-20TH CENTURY. STUDENTS FROM AROUND THE COUNTRY APPLY FOR THE OPPORTUNITY TO LEARN AND PERFORM UNDER THE GUIDANCE OF BROADWAY PERFORMERS, MUSIC INDUSTRY PROFESSIONALS AND EDUCATORS FROM RESPECTED UNIVERSITY MUSIC AND THEATER PROGRAMS. TO ACCOMPANY ITS PHYSICAL COLLECTIONS AND ON-SITE PROGRAMMING, THE FOUNDATION HAS DEVELOPED A ROBUST MENU OF VIRTUAL PROGRAMMING AND ONLINE RESOURCES INCLUDING DIGITAL EXHIBITIONS, COLLECTIONS HIGHLIGHTS, VIDEO TOURS, ACTIVITY KITS, EDUCATIONAL MATERIALS AND MORE. THE FOUNDATION'S PERFECT HARMONY PROGRAM IS A MUSIC RESOURCE THAT PROVIDES CARE PARTNERS WITH APPROPRIATE GENERATIONAL MUSIC AND ACTIVITIES TO ENGAGE OLDER ADULTS IN SHARED EXPERIENCES. PERFECT HARMONY OFFERS A UNIQUE OPPORTUNITY FOR SOCIAL AND MUSICAL ENGAGEMENT AND PROMOTES HOLISTIC WELL-BEING THROUGH MUSIC BY OFFERING MONTHLY VIDEO RESOURCES AND THEMED MUSIC ACTIVITIES FOR INDIVIDUAL AND GROUP SETTINGS. PERFECT HARMONY CONSULTS WITH A BOARD-CERTIFIED MUSIC THERAPIST FOR EXPERT GUIDANCE AND FEEDBACK ON ALL MUSICAL RESOURCES. 885355 1 1 0 0 0 0 0 1 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 X 36 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IN X JEFFREY MCDERMOTT 3178449446 ONE CARTER GREEN CARMEL IN 46032 KAREN KELSEY BOARD CHAIR 5.00 X X 0 0 0 DON GOTTWALD VICE CHAIR 2.00 X X 0 0 0 ROLLIN DICK TREASURER 2.00 X X 0 0 0 TROY PAYNER MD SECRETARY 2.00 X X 0 0 0 BROOK BABCOCK BOARD MEMBER 1.00 X 0 0 0 STAN BURTON BOARD MEMBER 1.00 X 0 0 0 KAREN ELLERBROOK BOARD MEMBER 1.00 X 0 0 0 TERRENCE FLANNERY BOARD MEMBER 1.00 X 0 0 0 PEGGY FORD BOARD MEMBER 1.00 X 0 0 0 WILLIAM HAMMER BOARD MEMBER 1.00 X 0 0 0 JONI HRISOMALOS BOARD MEMBER 1.00 X 0 0 0 KATE EDELMAN JOHNSON BOARD MEMBER 1.00 X 0 0 0 STAN HURT BOARD MEMBER 1.00 X 0 0 0 RIKI KANE LARIMER BOARD MEMBER 1.00 X 0 0 0 PAUL LOWDEN BOARD MEMBER 1.00 X 0 0 0 IZABELA OZDEMIR BOARD MEMBER 1.00 X 0 0 0 MARTY ROSENBERG BOARD MEMBER 1.00 X 0 0 0 CHARLES SIMONS DDS MSD BOARD MEMBER 1.00 X 0 0 0 MIKE STRUNSKY BOARD MEMBER 1.00 X 0 0 0 LYNN WEIDNER BOARD MEMBER 1.00 X 0 0 0 MIKE WELLS BOARD MEMBER 1.00 X 0 0 0 ADAM ARCENEAUX BOARD MEMBER 1.00 X 0 0 0 LIBBY BROWN BOARD MEMBER 1.00 X 0 0 0 JEFFREY MCDERMOTT PRESIDENT/CEO 10.00 X 81919 0 5005 JEFF STEEG COO 4.00 X 13272 0 3592 CHRIS LEWIS GASF DIRECTOR 40.00 X 130155 0 38919 225346 0 47516 1 0 1 0 0 255025 1868857 36245 2123882 CLASS REGISTRATIONS/ACADEMY FEES 711130 41096 41096 41096 152097 152097 1015999 1253481 -237482 -237482 -237482 2079593 41096 0 -85385 283110 141686 53275 88149 624982 312782 117607 194593 1100 1100 26300 26300 42639 42639 39672 35248 625 3799 108987 53430 20066 35491 124670 101738 22932 63433 50005 1139 12289 28041 19704 2260 6077 36528 36528 CONTRACT SERVICES 162437 117804 23408 21225 PERFORMANCES AND PRODUC 22225 16430 0 5795 1564124 885355 311351 367418 1608634 1526853 719574 794039 251011 716789 3732 1510 36975 44402 212608 159568 79774 53040 4539239 4704509 1269875 0 435579 603702 8944393 8444844 210609 104605 83613 310894 294222 415499 X 7710209 7011240 939962 1018105 8650171 8029345 8944393 8444844 X 515469 378471 -1514766 X X 0 1 X 1 0 X 1484232 1690309 1455622 1660610 2123882 8414655 1484232 1690309 1455622 1660610 2123882 8414655 1445019 6969636 1605 632 2932 72454 152097 229720 89889 21590 4926 116405 8760780 197885 0.79550 0.85220 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2018 AMOUNT: $ 27,945. 2019 AMOUNT: $ 199. 2020 AMOUNT: $ 4,926. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. FUNDRAISING NET INCOME - 2018 AMOUNT: $ 61,944. 2019 AMOUNT: $ 21,391. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 X X X X 0 12743 12644 99 199865 146924 52941 53040 RIGHT OF USE ASSETS 262980 CHARITABLE REMAINDER TRUST 340722 603702 DUE TO THE CENTER FOR THE PERFORMING ARTS, INC. 41261 RIGHT OF USE LIABILITY 269633 310894 X 2255729 378471 85195 463666 1792063 42639 244891 287530 2079593 1606680 85195 85195 1521485 42639 42639 1564124 PART III, LINE 1A: THE FOUNDATION'S COLLECTIONS ARE MADE UP OF ARTIFACTS OF HISTORICAL SIGNIFICANCE AND ART OBJECTS ASSOCIATED WITH THE FOUNDATION'S EXEMPT PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENTS OF ACTIVITIES. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED ON THE STATEMENTS OF ACTIVITIES BASED ON THE ABSENCE OR EXISTENCE AND NATURE OF DONOR-IMPOSED RESTRICTIONS. IF COLLECTION ITEMS ARE SOLD, THE PROCEEDS FROM THE SALE ARE USED FOR THE DIRECT CARE OF EXISTING COLLECTION ITEMS. PART III, LINE 4: COLLECTIONS OF MUSIC, MANUSCRIPTS, AND RELEVANT PERSONAL ITEMS AND PAPERS RELATING TO THE GREAT AMERICAN SONGBOOK MAKE UP THE ARCHIVE. THE GREAT AMERICAN SONGBOOK ARCHIVE EXISTS TO PRESERVE THE PHYSICAL ARTIFACTS OF THE SONGBOOK SO THAT CURRENT AND FUTURE GENERATIONS MAY EXPERIENCE THEM. THE ARCHIVE HAS A REFERENCE LIBRARY, STUDY SPACE, AND LISTENING ROOM FOR RESEARCHERS WHO WISH TO LEARN MORE ABOUT THE MUSIC, ITS CREATORS, AND THE CULTURE IT INSPIRED. THE GALLERY IS OPEN TO THE PUBLIC AS WELL AS COMMUNITY AND SCHOOL GROUPS. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE IRC. IN ADDITION, THE FOUNDATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE IRC. THERE WAS NO UNRELATED BUSINESS INCOME TAX FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. THE FOUNDATION FILES U.S. FEDERAL AND STATE OF INDIANA INFORMATION AND INCOME TAX RETURNS. THE FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE FISCAL YEARS BEFORE 2020. MANAGEMENT BELIEVES THAT THE FOUNDATION'S INCOME TAX FILING POSITIONS WILL BE SUSTAINED ON AUDIT AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WILL RESULT IN MATERIAL CHANGE. PART XI, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN VALUE - CHARITABLE REMAINDER TRUST 244,891. X 0 0 0 0 0 0 0 0 0 CHRIS LEWIS GASF DIRECTOR 123405 0 6750 0 0 0 5855 0 33064 0 169074 0 0 0 PART I, LINE 3 THE EXECUTIVE DIRECTOR'S PERFORMANCE IS REVIEWED BY CEO OF THE MANAGEMENT COMPANY WHO SETS THE DIRECTOR'S SALARY IN CONSULTATION WITH THE BOARD CHAIR. X 5 36245 FMV 0 0 0 FORM 990, PART V, LINE 2A THE CENTER FOR THE PERFORMING ARTS (FEIN 20-3901164) PROVIDES ADMINISTRATIVE FUNCTIONS INCLUDING PAYROLL AND BENEFITS MANAGEMENT. THE GREAT AMERICAN SONGBOOK FOUNDATION (GASF) HAS A SHARED EMPLOYMENT AGREEMENT WITH SEVERAL MEMBERS OF ITS STAFF THAT ARE EMPLOYED BY THE CENTER FOR THE PERFORMING ARTS (THE CENTER). THIS AGREEMENT ALLOWS PAID EMPLOYEES OF THE CENTER TO PROVIDE SERVICES TO (GASF). ALL EMPLOYEES ARE PAID BY THE CENTER AS A COMMON PAYMASTER. GASF REIMBURSES THE CENTER FOR EMPLOYEE TIME. THE COMPENSATION LISTED IN PART VII IS THE COMPENSATION PAID FOR SERVICES PROVIDED TO GASF. THE FOLLOWING OFFICERS LISTED IN PART VII ARE ALSO EMPLOYEES OF THE CENTER: JEFF MCDERMOTT AND JEFF STEEG. WAGES REPORTED ON PARTS VII AND IX OF THE 990 ARE PART OF THE MANAGEMENT AGREEMENT. PAYROLL FILINGS ARE REPORTED TO IRS BY THE CENTER FOR THE PERFORMING ARTS. THE GREAT AMERICAN SONGBOOK FOUNDATION, INC. HAS 7 EMPLOYEES THAT ARE PAID BY THE CENTER FOR THE PERFORMING ARTS. FORM 990, PART VI, SECTION A, LINE 3 THE CENTER FOR THE PERFORMING ARTS (FEIN 20-3901164) PROVIDES ADMINISTRATIVE FUNCTIONS FOR THE FOUNDATION INCLUDING MANAGEMENT SERVICES, ADMINISTRATIVE SERVICES, ACCOUNTING SERVICES, HUMAN RESOURCES, PAYROLL AND BENEFITS MANAGEMENT, MARKETING, DEVELOPMENT, BOX OFFICE, AND EVENTS MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 11B THE CONTROLLER OF THE MANAGEMENT COMPANY PREPARES THE INFORMATION NECESSARY TO COMPLETE THE 990 AND SUBMITS TO THE TAX PREPARER. AFTER COMPLETION, THE 990 IS REVIEWED BY THE CEO, COO, AND THE GASF EXECUTIVE DIRECTOR. THE FINAL RETURN IS APPROVED BY THE FINANCE COMMITTEE AND BEFORE FILING, IS PROVIDED TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY OR AT ANY SUCH TIME THAT A CONFLICT OCCURS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S PERFORMANCE IS REVIEWED BY CEO OF THE MANAGEMENT COMPANY WHO SETS THE DIRECTOR'S SALARY IN CONSULTATION WITH THE BOARD CHAIR. FORM 990, PART VI, SECTION C, LINE 19 REQUIRED DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN OR VERBAL REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE - CHARITABLE REMAINDER TRUST -244,891. RECLASSIFICATION OF ART COLLECTION - FASB ASC 958 -1,269,875. FORM 990, PART XII, LINE 2C THE MANAGEMENT COMPANY FOR GASF HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS. FORM 990, PART XI, LINE 9 IN 2022, THE GREAT AMERICAN SONGBOOK FOUNDATION MADE AN ELECTION UNDER ASC 958 TO NO LONGER CAPITALIZE ITS WORKS OF ART, HISTORICAL TREASURES, AND SIMILAR ASSETS. NET ASSETS WERE RESTATED TO REFLECT THIS CHANGE IN ACCOUNTING POLICY.