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        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 1A</FormAndLineReferenceDesc>
        <ExplanationTxt>THE CORPORATION'S BYLAWS PROVIDE FOR AN EXECUTIVE COMMITTEE OF THREE MEMBERS, ALL OF WHOM SHALL BE MEMBERS OF THE COUNCIL. THE CHAIR OF THE CORPORATION, BY REASON OF HIS OR HER OFFICE, SHALL BE A MEMBER OF THE EXECUTIVE COMMITTEE. THE OTHER MEMBERS OF THE EXECUTIVE COMMITTEE SHALL BE ELECTED BY THE COUNCIL FROM AMONG ITS MEMBERS, AND SHALL BE ELIGIBLE TO SERVE ON THE EXECUTIVE COMMITTEE AS LONG AS THEY ARE STILL SERVING ON THE COUNCIL. THE EXECUTIVE COMMITTEE SHALL EXERCISE ALL OF THE POWERS AND AUTHORITY NECESSARY TO CONDUCT THE NORMAL OPERATIONS OF THE CORPORATION, EXCEPT FOR FILLING VACANCIES OF COUNCIL OR COMMITTEE MEMBERS, AMENDING OR REPEAL OF THE BYLAWS OR ADOPTING NEW BYLAWS, AMENDING OR REPEALING ANY RESOLUTION OF THE COUNCIL WHICH IS NOT AMENDABLE OR REPEALABLE, AND FIXING THE COMPENSATION OF THE DIRECTORS FOR SERVING ON THE COUNCIL OR ANY COMMITTEE.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 6</FormAndLineReferenceDesc>
        <ExplanationTxt>THE MEMBERS OF THE CORPORATION SHALL BE THE OFFICER DIRECTORS OF THE NATIONAL ACADEMY OF DESIGN.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 7A</FormAndLineReferenceDesc>
        <ExplanationTxt>THE MEMBERS ELECT THE DIRECTORS OF THE COUNCIL.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE FORM 990 IS REVIEWED BY THE EXECUTIVE COMMITTEE, AND IS PROVIDED TO THE COUNCIL PRIOR TO FILING.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>EACH DIRECTOR SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THE CONFLICT OF INTEREST POLICY, AND SHALL DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE OR SHE SHALL LEAVE THE COUNCIL OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING COUNCIL OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>UPON REQUEST.</ExplanationTxt>
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          <AddressLine1Txt>519 WEST 26TH STREET FLOOR 2</AddressLine1Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
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