2023-11-14T14:54:49-06:00 2023-06-30 SMITH & HOWARD ADVISORY LLC 271 17TH STREET NW SUITE 1600 ATLANTA GA 30363 990 2022-07-01 261565502 THE MURRAY ARTS CENTER FOUNDATION INC % JULIE RAY MURR 7705780182 1275 STANLEY ROAD KENNESAW GA 30152 Dr David Tilley CHAIRMAN 7705780182 2023-11-15 true Dr David Tilley 999009999 P01372980 4048746244 2023-11-15 3 2022 2023-04-26 12:10:37Z Dr David Tilley 1275 STANLEY ROAD KENNESAW GA 30152 0 false X WWW.MTPARANSCHOOL.COM X 2007 GA THE FOUNDATION IS A SUPPORTING ORGANIZATION ORGANIZED FOR HOLDING AND MANAGING REAL PROPERTY FOR THE EXCLUSIVE BENEFIT OF MT. PARAN CHRISTIAN SCHOOL, INC. 5 5 0 8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 653865 641940 653865 641940 -653865 -641940 10097234 9740262 6451188 6078426 3646046 3661836 X THE FOUNDATION IS A SUPPORTING ORGANIZATION ORGANIZED FOR HOLDING AND MANAGING REAL PROPERTY FOR THE EXCLUSIVE BENEFIT OF MT. PARAN CHRISTIAN SCHOOL, INC., AN EDUCATIONAL AND RELIGIOUS ORGANIZATION DESCRIBED IN SECTIONS 501(C)(3) AND 509(A)(1) OF THE INTERNAL REVENUE CODE. false false 641940 ALL PROGRAM SERVICE ACCOMPLISHMENTS ARE FOR THE FOUNDATION'S EXPENSES INCURRED RELATING TO HOLDING PROPERTY FOR THE SUPPORT OF ITS SUPPORTED ORGANIZATION MT. PARAN CHRISTIAN SCHOOL, INC. THIS IS THE ONLY PROGRAM FOR WHICH THE FOUNDATION EXISTS. 641940 true false false false false false false false false true true false false false false true false true false false false false false false false false false false false true false false false false false false false true false false false false false true false false false true 0 0 0 false false false false false false false false X 5 5 true false false false false false false true true false false true true true true true true false false false GA X JULIE RAY 7705780182 1275 STANLEY RD KENNESAW GA 30152 Dr Tim Wiens Chairman 1.0 40.0 X X 0 299092 62286 Julie Ray Chief Financial Officer 1.0 40.0 X 0 116320 18843 Cary Brague Managing Director 1.0 40.0 X 0 88538 28310 Rob Chaput Board Member 1.0 0.0 X 0 0 0 Tom Dozier Board Member 1.0 0.0 X 0 0 0 Kathleen McCook Board Member 1.0 0.0 X 0 0 0 Ron Mulkey Board Member 1.0 0.0 X 0 0 0 Cindy Rainey Secretary 1.0 0.0 X 0 0 0 Kelly Boudreau Board Member 1.0 0.0 X 0 0 0 Dr David Tilley Incoming Chairman 1.0 0.0 X 0 0 0 0 503950 109439 2 false true false 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 284968 284968 0 355220 355220 0 AMORTIZATION 1752 1752 641940 641940 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 16588445 6887351 10056314 9701094 0 0 0 0 0 0 0 0 40920 39168 10097234 9740262 12202 11497 0 0 0 0 0 0 0 0 0 0 6438986 6066929 0 0 0 0 6451188 6078426 X 3644322 3661836 1724 0 3646046 3661836 10097234 9740262 X -641940 657730 X false true X true false X X X 1 MT PARAN CHRISTIAN SCHOOL INC 582273158 2 true 641940 0 1 641940 0 true false false false false false false false false false false false false false false true false 1724 1724 1724 1724 1724 1724 432574 0 432574 false false 1593786 1593786 13227214 6075527 7151687 1767445 811824 955621 9701094 0 0 X SCHEDULE D PART V LINE 4 The endowment fund of the Murray Arts Center Foundation, Inc. is organized for the exclusive benefit and needs of Mt. Paran Christian School, Inc. SCHEDULE D PART X LINE 2 MPCS and the Foundation are tax exempt entities under Section 501(c)(3) of the Internal Revenue Code (the "Code"). Only unrelated business income, as defined by Section 512(a)(1) of the Code, is subject to income taxes. The School annually evaluates all federal and state income tax positions. This process includes an analysis of whether these income tax positions the School takes meet the definition of an uncertain tax position under the Income Taxes Topic of the Financial Accounting Standards Codification. In general, the School is no longer subject to tax examinations for tax years ending before June 30, 2020. false true false false false false false false false Dr Tim Wiens Chairman 276270 10102 12720 27168 35728 361988 PART I, LINE 4B IN JULY 2021, THE BOARD APPROVED AND BEGAN FUNDING A DEFERRED COMPENSATION PLAN FOR DR. TIMOTHY WIENS UNDER INTERNAL REVENUE CODE SECTION 457(F). THE PLAN IS FUNDED ANNUALLY AND VESTS TO THE EMPLOYEE OVER A PERIOD OF 5 YEARS. AS THE CONTRIBUTIONS ARE FUNDED, THE FUNDED AMOUNT IS REPORTED AS NON-TAXABLE DEFERRED COMPENSATION ON FORM 990. TAXABLE COMPENSATION IS REPORTED TO THE EMPLOYEE ON FORM W-2 AND ON FORM 990 AS BALANCES IN THE PLAN VEST. THIS PLAN IS IN PLACE TO RETAIN INDIVIDUALS KEY TO THE SUCCESSFUL OPERATIONS OF THE ORGANIZATION. CONTRIBUTIONS FOR THE CALENDAR YEAR TOTALED $15,000 TO THE PLAN. THE DOZIER CENTRE FOR PERFORMING AR APPOINTS 1 DIRECTOR 657730 NOTE P&I PAID BY MACF false schedule l - additional information IN A PRIOR YEAR THE MURRAY ARTS CENTER FOUNDATION, INC. ENTERED INTO A PROMISSORY NOTE AGREEMENT FOR THE property. THE TRANSACTIONS BETWEEN THE MURRAY ARTS CENTER FOUNDATION, INC. AND THE DOZIER CENTRE FOR THE PERFORMING ARTS, INC. ARE THE ACTUAL CASH REPAYMENTS FOR PRINCIPAL AND INTEREST MADE BY THE MURRAY ARTS CENTER FOUNDATION, INC. TO THE DOZIER CENTRE FOR THE THE PERFORMING ARTS, INC. DURING THE FISCAL YEAR. FORM 990, PART VI, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990 THE 990 WILL BE REVIEWED BY THE CHIEF FINANCIAL OFFICER OF THE PARENT CORPORATION, AND IS SUBJECT TO REVIEW BY THE OFFICER THAT SIGNS THE 990. THE 990 IS ALSO SUBJECT TO REVIEW BY MEMBERS OF ITS BOARD OF TRUSTEES. FORM 990, PART VI, LINE 12C - ENFORCEMENT OF CONFLICTS POLICY BOARD MEMBERS ARE REQUIRED TO ANSWER A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. FORM 990, PART VI, LINE 19 - GOVERNING DOCUMENTS DISCLOSURES EXPLANATION GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART VII MURRAY ARTS CENTER FOUNDATION DOES NOT COMPENSATE ANY OFFICERS OR DIRECTORS. COMPENSATION REPORTED ON PART VII AND SCHEDULE J IS PAID BY ITS RELATED ORGANIZATION, MT PARAN CHRISTIAN SCHOOL. FORM 990, PART XI, LINE 9 - TRANSFER FROM RELATED ORGANIZATION TRANSFER FROM RELATED ORGANIZATION 657,730 MT PARAN CHRISTIAN SCHOOL INC 1275 STANLEY RD KENNESAW GA 30152 582273158 PARENT GA 501(c)(3) 2 NA false false false false false false false false false false false false false false true false false false false true