2024-05-15T12:42:27-05:00 2023-06-30 952302617 SINGERLEWAK LLP 10960 WILSHIRE BLVD SUITE 1100 LOS ANGELES CA 90024 990 2022-07-01 951801279 IDYLLWILD ARTS FOUNDATION IDYL 9516592171 PO BOX 38 IDYLLWILD CA 92549 LISA LADY CFO 9516592171 2024-05-15 1 LISA LADY 999009999 1 LIOR TEMKIN P00748170 3104773924 2024-05-15 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z JEFF DVORAK PO BOX 38 IDYLLWILD CA 92549 29818330 0 X WWW.IDYLLWILDARTS.ORG X 1946 CA CHANGING LIVES THROUGH THE TRANSFORMATIVE POWER OF ART. 17 16 378 47 0 0 12788879 8172666 20179400 20110644 146427 735976 301511 366684 33416217 29385970 8068308 7437628 0 0 10579948 11406497 0 78000 2425985 11421420 13028032 30069676 31950157 3346541 -2564187 43595331 43047430 11575959 12958080 32019372 30089350 IDYLLWILD ARTS FOUNDATION IS A NON-PROFIT ORGANIZATION FORMED TO PROMOTE AND ADVANCE CHANGING LIVES THROUGH THE TRANSFORMATIVE POWER OF ART. 0 0 22607775 6679265 17854955 IDYLLWILD ARTS ACADEMY IS A FULLY ACCREDITED BOARDING HIGH SCHOOL, WITH APPROXIMATELY 278 STUDENTS WHO ARE TALENTED IN ONE OR MORE OF SEVEN ARTS DISCIPLINES, WHICH OFFERS PRE-PROFESSIONAL TRAINING IN THOSE ARTS DISCIPLINES AND IN PREPARATORY ACADEMIC STUDIES. 3851281 758363 2255689 IDYLLWILD ARTS SUMMER AND AUXILIARY PROGRAM IS AN ACCREDITED SUMMER AND AUXILIARY ARTS PROGRAM PROVIDING 30 SUMMER ARTS COURSES TO 582 STUDENTS FROM AGES 5 TO 99, AND 10 AUXILIARY PROGRAMS DURING FALL AND SPRING TO 63 STUDENTS AGES 4 TO 17. 26459056 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 98 0 1 378 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 16 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X X LISA LADY 9516592171 52500 TEMECULA ROAD IDYLLWILD CA 92549 PAMELA JORDAN PRESIDENT 40.00 X 253483 0 42144 PALENCIA TURNER VICE PRESIDENT, DEVELOPMENT 40.00 X 190415 0 31707 LISA LADY VICE PRESIDENT, FINANCE 40.00 X 156549 0 21396 TARA SECHREST VICE PRESIDENT, ADMISSIONS 40.00 X 132107 0 25974 DANA ALBRIGHT VICE PRESIDENT, MARKETING 40.00 X 131587 0 6355 JUSTIN BARRETT VICE PRESIDENT, STUDENT OP 40.00 X 107510 0 19321 MARIANNE KENT-STOLL HEAD OF SCHOOL 40.00 X 107742 0 16868 JEANETTE YARYAN ASSISTANT HEAD OF SCHOOL 40.00 X 109291 0 14211 JEFFREY A DVORAK TRUSTEE, BOARD CHAIR 5.00 X X 0 0 0 DWIGHT A HOLMES TRUSTEE, VICE CHAIR 5.00 X X 0 0 0 HOWARD SHERMAN TRUSTEE, TREASURER 5.00 X X 0 0 0 KRISTIE HUBBARD TRUSTEE, SECRETARY 5.00 X X 0 0 0 BARNABY FINCH TRUSTEE 1.00 X 0 0 0 JANET GOLDBERG TRUSTEE 1.00 X 0 0 0 HARRY GRISWOLD TRUSTEE 1.00 X 0 0 0 WANDA K JONES TRUSTEE, COMMITTEE CHAIR 5.00 X 0 0 0 JAMES B LOVELACE TRUSTEE 1.00 X 0 0 0 DR PAULENE POPEK TRUSTEE 1.00 X 0 0 0 GEORGE REARDON TRUSTEE, COMMITTEE CHAIR 5.00 X 0 0 0 SUSAN REARDON TRUSTEE 1.00 X 0 0 0 LINDA RIDER TRUSTEE 1.00 X 0 0 0 MICHAEL E SLOCUM TRUSTEE 1.00 X 0 0 0 GLEN E STEPHENS TRUSTEE 1.00 X 0 0 0 DAVID THOMSEN TRUSTEE 1.00 X 0 0 0 DR STEPHANIE WEBBER TRUSTEE 1.00 X 0 0 0 1188684 0 177976 8 0 1 0 MIKE HARMS 43430 E FLORIDA AVE HEMET CA 92549 CONSTRUCTION 216645 ABRAMSON LEVIN & GINDI LLP 3580 WILSHIRE BOULEVARD SUITE 1260 LOS ANGELES CA 90010 LEGAL 147500 SINGERLEWAK LLP 10960 WILSHIRE BLVD SUITE 1100 LOS ANGELES CA 90024 ACCOUNTING 116936 3 8172666 37772 8172666 TUITION 900099 17854955 17854955 SUMMER & AUXILIARY PRO 900099 2255689 2255689 20110644 158522 158522 843671 266217 577454 577454 577454 334205 166143 168062 168062 OTHER INCOME 900099 198622 198622 198622 29385970 20110644 0 1102660 7437628 7437628 510063 107443 199136 203484 9020919 7291247 889202 840470 147148 135064 9480 2604 979427 794665 112751 72011 748940 610221 72166 66553 79148 79148 145607 145607 78000 78000 30142 30142 1501244 859855 257095 384294 409966 71325 338641 155347 153016 2331 230582 18816 179545 32221 239680 210314 29366 291294 237425 32292 21577 228935 228935 1181262 1059264 114041 7957 1640352 1470941 158362 11049 PHYSICAL PLANT 3056005 2769981 265218 20806 DINING HALL MEALS - STU 1843629 1843629 PROGRAM DIRECT EXPENSE 838136 831763 6373 BAD DEBT 556459 556459 600244 262630 337614 31950157 26459056 3065116 2425985 1249981 1873142 3288942 5564497 9028125 5301566 222085 231573 370214 266253 43681325 21501202 22226891 22180123 7106747 7539049 102346 91227 43595331 43047430 4138158 4125831 7391983 8829825 45818 2424 11575959 12958080 X 15593922 16002844 16425450 14086506 32019372 30089350 43595331 43047430 -2564187 634165 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 5414451 53250 5467701 5406976 7475 5414451 5402511 4465 5406976 5285261 117250 5402511 5273484 11777 5285261 1.00000 0 0 5543764 5543764 30815039 16614298 14200741 3268840 2514685 754155 4053682 2372219 1681463 22180123 ENDOWMENT ASSET PORTFOLIO - MUTUAL FUNDS 5528784 F ENDOWMENT ASSET PORTFOLIO - BONDS 2010265 F 7539049 CAPITAL LEASE OBLIGATION 2424 2424 X 22718508 634165 166143 800308 21918200 7467770 7467770 29385970 24648530 166143 166143 24482387 7467770 7467770 31950157 PART V, LINE 4: THROUGH DECEMBER 31, 2008, THE CALIFORNIA UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (UPMIFA) GOVERNED THE MANAGEMENT AND USE OF DONOR-RESTRICTED ENDOWMENT FUNDS HELD BY CHARITABLE INSTITUTIONS IN THE STATE OF CALIFORNIA. UNDER UPMIFA, THE SCHOOL CLASSIFIED AS PERMANENTLY RESTRICTED NET ASSETS THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT AND ACCUMULATIONS TO THE PERMANENT ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION, IF ANY, OF THE APPLICABLE DONOR GIFT INSTRUMENT. ACCUMULATED EARNINGS OF DONOR-RESTRICTED ENDOWMENT FUNDS ARE CLASSIFIED AS UNRESTRICTED OR TEMPORARILY RESTRICTED NET ASSETS, FUNDS AVAILABLE FOR OPERATIONS IN ACCORDANCE WITH THE DONOR SPECIFICATIONS. PART X, LINE 2: IN JULY 2006, THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ISSUED FINANCIAL ACCOUNTING STANDARDS INTERPRETATION NO. 48 ("FIN 48"), ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, NOW REFERRED TO AS ACCOUNTING STANDARDS CODIFICATION TOPIC NO. 740 ("ASC 740"), WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN TAX RETURNS THAT AFFECT AMOUNTS REPORTED IN AN ORGANIZATION'S FINANCIAL STATEMENTS IN ACCORDANCE WITH THE ACCOUNTING FOR INCOME TAXES TOPIC OF ASC 740 (FORMERLY SFAS 109, ACCOUNTING FOR INCOME TAXES). ASC 740 REQUIRES THAT AN ORGANIZATION RECOGNIZE IN THE FINANCIAL STATEMENTS THE IMPACT OF THE TAX POSITION IF THAT POSITION WILL MORE LIKELY THAN NOT BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. ASC 740 ALSO PROVIDES GUIDANCE RELATED TO DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS AND DISCLOSURE. DURING THE YEAR ENDED JUNE 30, 2023, THE SCHOOL PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AND DID NOT NOTE ANY MATTERS THAT WOULD REQUIRE RECOGNITION IN THE STATEMENT OF ACTIVITIES OR WHICH MAY HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. JURISDICTION: FEDERAL OPEN TAX YEARS: 2019-2022 JURISDICTION: CALIFORNIA OPEN TAX YEARS: 2018-2022 PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 166,143. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 7,437,628. INVESTMENT ENDOWMENT FEES 30,142. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 166,143. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 7,437,628. INVESTMENT ENDOWMENT FEES 30,142. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 LEGENDS IN PROMOTIONAL AND ADMISSIONS MATERIALS X X X X X X X 1 ANTONIA GLENN 12 SKYLARK DR APT 31 LARKSPUR CA 94939 GRANT WRITING 0 3805750 78000 3727750 3805750 78000 3727750 CA 1 FINANCIAL AID AND SCHOLARSHIPS FOR STUDENTS 185 7434628 CASH PART I, LINE 2: IDYLLWILD ARTS IS NOT ENGAGED IN GRANTMAKING; ALL RECIPIENTS OF ASSISTANCE ARE STUDENTS WHO ARE MONITORED THROUGH THEIR ENROLLMENT IN THE SCHOOL'S PROGRAMS. X 1 0 X X X X X 0 0 0 0 0 0 0 0 0 PAMELA JORDAN PRESIDENT 253483 0 0 0 0 0 27000 0 15144 0 295627 0 0 0 PALENCIA TURNER VICE PRESIDENT, DEVELOPMENT 190415 0 0 0 0 0 19341 0 12366 0 222122 0 0 0 LISA LADY VICE PRESIDENT, FINANCE 156549 0 0 0 0 0 0 0 21396 0 177945 0 0 0 TARA SECHREST VICE PRESIDENT, ADMISSIONS 132107 0 0 0 0 0 13608 0 12366 0 158081 0 0 0 PART I, LINE 1A BECAUSE OF ITS REMOTE LOCATION, HOUSING IS PROVIDED FOR THE SCHOOL'S PRESIDENT BECAUSE PROXIMITY TO THE SCHOOL IS A REQUIREMENT OF EMPLOYMENT. TREVOR HOLMES SON OF BOARD MEMBER OF THE ORGANIZATION 70959 HIRED AS THEATER AND TECH FACULTY 0 X 3 37772 FAIR MARKET VALUE 0 0 1 PART I, LINE 32B: SALES OF STOCK ARE HANDLED THROUGH AN INVESTMENT ACCOUNT HELD AT CHARLES SCHWAB. FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING OFFICERS, TRUSTEES, DIRECTORS, OR KEY EMPLOYEES HAVE FAMILY RELATIONSHIPS: 1) HARRY GRISWOLD & STEPHANIE WEBBER (HUSBAND & WIFE) 2) GEORGE & SUSAN REARDON (HUSBAND & WIFE) 3) GLEN & NANCY STEPHENS (HUSBAND & WIFE) FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S BOARD OF TRUSTEES VOTE TO ELECT THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE REVIEWS THE FORM 990 PREPARED BY THE OUTSIDE ACCOUNTANTS. ONCE THE AUDIT COMMITTEE APPROVES THE FORM 990 IT IS THEN REVIEWED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C EACH OFFICER, DIRECTOR, OR TRUSTEE IS REQUIRED TO COMPLETE AND SUBMIT A DISCLOSURE ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 TOP MANAGEMENT OFFICIALS' COMPENSATION ARE DETERMINED BY A COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES AND APPROVED BY THE BOARD OF TRUSTEES. OTHER KEY EMPLOYEE COMPENSATION IS DETERMINED THROUGH THE BUDGET PROCESS AND THE BUDGET IS APPROVED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 18 IDYLLWILD ARTS FOUNDATION MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. THE RETURN IS ALSO AVAILABLE TO THE PUBLIC THROUGH WWW.GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 IDYLLWILD ARTS FOUNDATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.