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        <TotalAmt>5556</TotalAmt>
        <ManagementAndGeneralAmt>5556</ManagementAndGeneralAmt>
      </FeesForServicesAccountingGrp>
      <FeesForServicesOtherGrp>
        <TotalAmt>4888</TotalAmt>
        <ProgramServicesAmt>763</ProgramServicesAmt>
        <FundraisingAmt>4125</FundraisingAmt>
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      <AdvertisingGrp>
        <TotalAmt>180</TotalAmt>
        <FundraisingAmt>180</FundraisingAmt>
      </AdvertisingGrp>
      <OfficeExpensesGrp>
        <TotalAmt>666</TotalAmt>
        <ManagementAndGeneralAmt>405</ManagementAndGeneralAmt>
        <FundraisingAmt>261</FundraisingAmt>
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      <InformationTechnologyGrp>
        <TotalAmt>141</TotalAmt>
        <ManagementAndGeneralAmt>141</ManagementAndGeneralAmt>
      </InformationTechnologyGrp>
      <ConferencesMeetingsGrp>
        <TotalAmt>9587</TotalAmt>
        <ProgramServicesAmt>5099</ProgramServicesAmt>
        <FundraisingAmt>4488</FundraisingAmt>
      </ConferencesMeetingsGrp>
      <DepreciationDepletionGrp>
        <TotalAmt>4539</TotalAmt>
        <ManagementAndGeneralAmt>4539</ManagementAndGeneralAmt>
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      <OtherExpensesGrp>
        <Desc>CATERING</Desc>
        <TotalAmt>5520</TotalAmt>
        <ProgramServicesAmt>77</ProgramServicesAmt>
        <FundraisingAmt>5443</FundraisingAmt>
      </OtherExpensesGrp>
      <TotalFunctionalExpensesGrp>
        <TotalAmt>877431</TotalAmt>
        <ProgramServicesAmt>852293</ProgramServicesAmt>
        <ManagementAndGeneralAmt>10641</ManagementAndGeneralAmt>
        <FundraisingAmt>14497</FundraisingAmt>
      </TotalFunctionalExpensesGrp>
      <CashNonInterestBearingGrp>
        <BOYAmt>211971</BOYAmt>
        <EOYAmt>70512</EOYAmt>
      </CashNonInterestBearingGrp>
      <SavingsAndTempCashInvstGrp>
        <BOYAmt>553267</BOYAmt>
        <EOYAmt>1348566</EOYAmt>
      </SavingsAndTempCashInvstGrp>
      <LandBldgEquipCostOrOtherBssAmt>41395</LandBldgEquipCostOrOtherBssAmt>
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      <LandBldgEquipBasisNetGrp>
        <BOYAmt>27656</BOYAmt>
        <EOYAmt>30036</EOYAmt>
      </LandBldgEquipBasisNetGrp>
      <InvestmentsProgramRelatedGrp>
        <BOYAmt>1393507</BOYAmt>
        <EOYAmt>2433507</EOYAmt>
      </InvestmentsProgramRelatedGrp>
      <OtherAssetsTotalGrp>
        <BOYAmt>277184</BOYAmt>
        <EOYAmt>277177</EOYAmt>
      </OtherAssetsTotalGrp>
      <TotalAssetsGrp>
        <BOYAmt>2463585</BOYAmt>
        <EOYAmt>4159798</EOYAmt>
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      <TotalLiabilitiesGrp>
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        <EOYAmt>0</EOYAmt>
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      <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
      <CapStkTrPrinCurrentFundsGrp>
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        <EOYAmt>0</EOYAmt>
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      <PdInCapSrplsLandBldgEqpFundGrp>
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        <EOYAmt>0</EOYAmt>
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      <RtnEarnEndowmentIncmOthFndsGrp>
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        <EOYAmt>4159798</EOYAmt>
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      <TotalNetAssetsFundBalanceGrp>
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        <EOYAmt>4159798</EOYAmt>
      </TotalNetAssetsFundBalanceGrp>
      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>2463585</BOYAmt>
        <EOYAmt>4159798</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <InfoInScheduleOPartXIInd>X</InfoInScheduleOPartXIInd>
      <ReconcilationRevenueExpnssAmt>1693797</ReconcilationRevenueExpnssAmt>
      <OtherChangesInNetAssetsAmt>2416</OtherChangesInNetAssetsAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AccountantCompileOrReviewInd>0</AccountantCompileOrReviewInd>
      <FSAuditedInd>0</FSAuditedInd>
      <FederalGrantAuditRequiredInd>0</FederalGrantAuditRequiredInd>
    </IRS990>
    <IRS990ScheduleA documentId="RetDoc1039100001">
      <PublicOrganization170Ind>X</PublicOrganization170Ind>
      <GiftsGrantsContriRcvd170Grp>
        <CurrentTaxYearMinus4YearsAmt>344705</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>1141494</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>1199946</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>1492158</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>2563116</CurrentTaxYearAmt>
        <TotalAmt>6741419</TotalAmt>
      </GiftsGrantsContriRcvd170Grp>
      <TotalCalendarYear170Grp>
        <CurrentTaxYearMinus4YearsAmt>344705</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>1141494</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>1199946</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>1492158</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>2563116</CurrentTaxYearAmt>
        <TotalAmt>6741419</TotalAmt>
      </TotalCalendarYear170Grp>
      <SubstantialContributorsTotAmt>577534</SubstantialContributorsTotAmt>
      <PublicSupportTotal170Amt>6163885</PublicSupportTotal170Amt>
      <GrossInvestmentIncome170Grp>
        <CurrentTaxYearMinus4YearsAmt>2996</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>502</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>17</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>36</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>3238</CurrentTaxYearAmt>
        <TotalAmt>6789</TotalAmt>
      </GrossInvestmentIncome170Grp>
      <OtherIncome170Grp>
        <CurrentTaxYearMinus3YearsAmt>1645</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>58</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearAmt>4843</CurrentTaxYearAmt>
        <TotalAmt>6546</TotalAmt>
      </OtherIncome170Grp>
      <TotalSupportAmt>6754754</TotalSupportAmt>
      <GrossReceiptsRltdActivitiesAmt>53163</GrossReceiptsRltdActivitiesAmt>
      <PublicSupportCY170Pct>0.91250</PublicSupportCY170Pct>
      <PublicSupportPY170Pct>0.86970</PublicSupportPY170Pct>
      <ThirtyThrPctSuprtTestsCY170Ind>X</ThirtyThrPctSuprtTestsCY170Ind>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <ContributorInformationGrp>
        <ContributorNum>RESTRICTED</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>RESTRICTED</TotalContributionsAmt>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="RetDoc1040000001">
      <LeaseholdImprovementsGrp>
        <OtherCostOrOtherBasisAmt>31103</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>4244</DepreciationAmt>
        <BookValueAmt>26859</BookValueAmt>
      </LeaseholdImprovementsGrp>
      <EquipmentGrp>
        <OtherCostOrOtherBasisAmt>10292</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>7115</DepreciationAmt>
        <BookValueAmt>3177</BookValueAmt>
      </EquipmentGrp>
      <TotalBookValueLandBuildingsAmt>30036</TotalBookValueLandBuildingsAmt>
      <InvstProgramRelatedOrgGrp>
        <Desc>405 INVESTMENT CO. (ARTS SPACE DEVELOPMENT)</Desc>
        <BookValueAmt>2433507</BookValueAmt>
        <MethodValuationCd>C</MethodValuationCd>
      </InvstProgramRelatedOrgGrp>
      <TotalBookValueProgramRltdAmt>2433507</TotalBookValueProgramRltdAmt>
      <OtherAssetsOrgGrp>
        <Desc>ART COLLECTION</Desc>
        <BookValueAmt>38400</BookValueAmt>
      </OtherAssetsOrgGrp>
      <OtherAssetsOrgGrp>
        <Desc>LONG-TERM LEASE (NET OF ACCUMULATED AMORTIZATION)</Desc>
        <BookValueAmt>208488</BookValueAmt>
      </OtherAssetsOrgGrp>
      <OtherAssetsOrgGrp>
        <Desc>BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS</Desc>
        <BookValueAmt>30289</BookValueAmt>
      </OtherAssetsOrgGrp>
      <TotalBookValueOtherAssetsAmt>277177</TotalBookValueOtherAssetsAmt>
    </IRS990ScheduleD>
    <IRS990ScheduleG documentId="RetDoc1041300001">
      <FundraisingEventInformationGrp>
        <Event1Nm>HIGHLIGHT</Event1Nm>
        <GrossReceiptsEvent1Amt>47096</GrossReceiptsEvent1Amt>
        <CharitableContriEvent1Amt>47096</CharitableContriEvent1Amt>
        <GrossReceiptsTotalAmt>47096</GrossReceiptsTotalAmt>
        <CharitableContributionsTotAmt>47096</CharitableContributionsTotAmt>
      </FundraisingEventInformationGrp>
    </IRS990ScheduleG>
    <IRS990ScheduleI documentId="RetDoc1041900001">
      <GrantRecordsMaintainedInd>1</GrantRecordsMaintainedInd>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>CITY OF BURLINGTON</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>149 CHURCH STREET</AddressLine1Txt>
          <CityNm>BURLINGTON</CityNm>
          <StateAbbreviationCd>VT</StateAbbreviationCd>
          <ZIPCd>05401</ZIPCd>
        </USAddress>
        <RecipientEIN>036000410</RecipientEIN>
        <IRCSectionDesc>GOV</IRCSectionDesc>
        <CashGrantAmt>759360</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>ARTS PROGRAMS</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>SKG FINE ARTS LLC</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>PO BOX 34</AddressLine1Txt>
          <CityNm>BAKERSFIELD</CityNm>
          <StateAbbreviationCd>VT</StateAbbreviationCd>
          <ZIPCd>05441</ZIPCd>
        </USAddress>
        <RecipientEIN>824466625</RecipientEIN>
        <IRCSectionDesc>N/A</IRCSectionDesc>
        <CashGrantAmt>52500</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>ARTS PROGRAMS</PurposeOfGrantTxt>
      </RecipientTable>
      <Total501c3OrgCnt>1</Total501c3OrgCnt>
      <TotalOtherOrgCnt>1</TotalOtherOrgCnt>
      <GrantsOtherAsstToIndivInUSGrp>
        <GrantTypeTxt>ART AWARD</GrantTypeTxt>
        <RecipientCnt>1</RecipientCnt>
        <CashGrantAmt>10000</CashGrantAmt>
      </GrantsOtherAsstToIndivInUSGrp>
      <GrantsOtherAsstToIndivInUSGrp>
        <GrantTypeTxt>ART AWARD</GrantTypeTxt>
        <RecipientCnt>1</RecipientCnt>
        <CashGrantAmt>22500</CashGrantAmt>
      </GrantsOtherAsstToIndivInUSGrp>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART I, LINE 2:</FormAndLineReferenceDesc>
        <ExplanationTxt>BURLINGTON CITY ARTS (BCA), THE LARGEST RECIPIENT OF BCAF'S GRANTS, RETAINS DETAILED RECORDS OF ALL GRANT-FUNDED PROJECTS AS WELL AS THE NUMBER OF DIRECT PARTICIPANTS. OTHER GRANTEES ARE REQUIRED TO REPORT THE RESULTS OF THE PROJECTS FOR WHICH THEY HAVE RECEIVED BCAF GRANTS.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleI>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>A DRAFT OF THE TAX RETURN IS EMAILED TO ALL BOARD MEMBERS; MEMBERS DISCUSS THE RETURN WITH THE VOLUNTEER BOOKKEEPER. ONCE THE BOARD IS SATISFIED REGARDING THE INFORMATION IN THE RETURN, THE RETURN IS FILED.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>WHEN POTENTIAL CONFLICTS OF INTEREST OR APPEARANCE OF CONFLICT OF INTEREST ARISES, THE SITUATION IS REVIEWED BY THE BOARD AND STEPS ARE TAKEN TO ENSURE COMPLIANCE. THIS INCLUDES REQUESTS FOR THE RESIGNATION OF BOARD MEMBERS AND LEAVES OF ABSENCE WHEN APPROPRIATE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION DOES NOT MAKE ITS GOVERNANCE DOCUMENTS AVAILABLE TO THE PUBLIC.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XI, LINE 9:</FormAndLineReferenceDesc>
        <ExplanationTxt>CHANGE IN BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 2,416.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="RetDoc1043500001">
      <IdRelatedOrgTxblCorpTrGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>405 INVESTMENT CORPORATION</BusinessNameLine1Txt>
        </RelatedOrganizationName>
        <USAddress>
          <AddressLine1Txt>135 CHURCH STREET</AddressLine1Txt>
          <CityNm>BURLINGTON</CityNm>
          <StateAbbreviationCd>VT</StateAbbreviationCd>
          <ZIPCd>05401</ZIPCd>
        </USAddress>
        <EIN>843694438</EIN>
        <PrimaryActivitiesTxt>RENTAL</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>VT</LegalDomicileStateCd>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>BURLINGTON CITY ARTS FOUNDATION</BusinessNameLine1Txt>
        </DirectControllingEntityName>
        <EntityTypeTxt>C</EntityTypeTxt>
        <ShareOfTotalIncomeAmt>-26876</ShareOfTotalIncomeAmt>
        <ShareOfEOYAssetsAmt>4383703</ShareOfEOYAssetsAmt>
        <OwnershipPct>1.00000</OwnershipPct>
        <ControlledOrganizationInd>1</ControlledOrganizationInd>
      </IdRelatedOrgTxblCorpTrGrp>
      <ReceiptOfIntAnntsRntsRyltsInd>0</ReceiptOfIntAnntsRntsRyltsInd>
      <GiftGrntOrCapContriToOthOrgInd>0</GiftGrntOrCapContriToOthOrgInd>
      <GiftGrntCapContriFromOthOrgInd>0</GiftGrntCapContriFromOthOrgInd>
      <LoansOrGuaranteesToOtherOrgInd>0</LoansOrGuaranteesToOtherOrgInd>
      <LoansOrGuaranteesFromOthOrgInd>0</LoansOrGuaranteesFromOthOrgInd>
      <DivRelatedOrganizationInd>0</DivRelatedOrganizationInd>
      <AssetSaleToOtherOrgInd>0</AssetSaleToOtherOrgInd>
      <AssetPurchaseFromOtherOrgInd>0</AssetPurchaseFromOtherOrgInd>
      <AssetExchangeInd>0</AssetExchangeInd>
      <RentalOfFacilitiesToOthOrgInd>0</RentalOfFacilitiesToOthOrgInd>
      <RentalOfFcltsFromOthOrgInd>0</RentalOfFcltsFromOthOrgInd>
      <PerformOfServicesForOthOrgInd>0</PerformOfServicesForOthOrgInd>
      <PerformOfServicesByOtherOrgInd>0</PerformOfServicesByOtherOrgInd>
      <SharingOfFacilitiesInd>0</SharingOfFacilitiesInd>
      <PaidEmployeesSharingInd>0</PaidEmployeesSharingInd>
      <ReimbursementPaidToOtherOrgInd>0</ReimbursementPaidToOtherOrgInd>
      <ReimbursementPaidByOtherOrgInd>0</ReimbursementPaidByOtherOrgInd>
      <TransferToOtherOrgInd>1</TransferToOtherOrgInd>
      <TransferFromOtherOrgInd>0</TransferFromOtherOrgInd>
      <TransactionsRelatedOrgGrp>
        <OtherOrganizationName>
          <BusinessNameLine1Txt>405 INVESTMENT CORPORATION</BusinessNameLine1Txt>
        </OtherOrganizationName>
        <TransactionTypeTxt>R</TransactionTypeTxt>
        <InvolvedAmt>1040000</InvolvedAmt>
        <MethodOfAmountDeterminationTxt>COST</MethodOfAmountDeterminationTxt>
      </TransactionsRelatedOrgGrp>
    </IRS990ScheduleR>
  </ReturnData>
</Return>
