2023-11-15T10:19:40-06:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 8215 GREENWAY BOULEVARD SUITE 600 MIDDLETON WI 53562 990 2022-01-01 383573890 FOUNDATION FOR THE FLINT CULTURAL CENTER FOUN 8107678270 500 S SAGINAW STREET 200 FLINT MI 48502 MARK MILLER INTERIM PRESIDENT 8107678270 2023-11-12 1 MARK MILLER 999009999 0 KIMBERLY ANDERSON CPA P00188889 6086628600 2023-11-12 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARK MILLER 500 S SAGINAW STREET 200 FLINT MI 48502 9517595 0 X N/A X 2000 MI TO RECEIVE AND ADMINISTER FUNDS AND TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF THE PUBLICLY SUPPORTED ORGANIZATIONS REPORTED IN SCHEDULE A. 8 8 0 8 0 0 4000000 8000000 0 0 2392203 1119519 0 0 6392203 9119519 893080 929646 0 0 0 0 0 0 0 136624 140215 1029704 1069861 5362499 8049658 38034949 39616827 0 5839 38034949 39610988 X THE FOUNDATION FOR THE FLINT CULTURAL CENTER IS COMMITTED TO IMPROVING THE QUALITY OF LIFE IN GENESEE COUNTY THROUGH SUPPORT OF THE FLINT CULTURAL CENTER AND ITS VARIOUS ENTITIES. TO ACT ON THIS COMMITMENT, THE FOUNDATION FOR THE FLINT CULTURAL CENTER WILL PROVIDE FINANCIAL SUPPORT TO THE FLINT CULTURAL CENTER CORPORATION, FLINT INSTITUTE OF ARTS, FLINT INSTITUTE OF MUSIC AND COMMUNITY FOUNDATION OF GREATER FLINT. 0 0 978343 929646 0 GRANTS TO SUPPORTED ORGANIZATIONS AND DISTRIBUTIONS FOR PROGRAM-RELATED EXPENSES. THE AMOUNT TO BE SPENT FROM THE ENDOWED FUNDS HAS BEEN STIPULATED BY THE DONOR'S GRANT AGREEMENT, WHICH FOR 2022 WAS 5.0% OF THE AVERAGE FAIR MARKET VALUE OF THE FUNDS OVER THE PREVIOUS TWENTY TRAILING QUARTERS ENDING SEPTEMBER 30TH OF THE IMMEDIATE PRIOR YEAR. 978343 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MI X X BRETT HUNKINS 8107678270 500 S SAGINAW ST STE 200 FLINT MI 48502 ISAIAH OLIVER PRESIDENT AND CEO 1.00 42.00 X 0 262468 30019 BRETT HUNKINS CFO/TREASURER 1.00 42.00 X 0 145960 9546 SHERRI STEPHENS CHAIR 1.00 1.00 X X 0 0 0 F JAMES CUMMINS VICE CHAIR 1.00 0.00 X X 0 0 0 RAYMOND KELLY III SECRETARY 1.00 0.00 X X 0 0 0 LENNETTA CONEY DIRECTOR 1.00 0.00 X 0 0 0 TOM LILLLIE DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL MELENBRINK DIRECTOR 1.00 0.00 X 0 0 0 JIM JOHNSON DIRECTOR 1.00 0.00 X 0 0 0 JOHN KOEGEL DIRECTOR 1.00 0.00 X 0 0 0 0 408428 39565 0 0 1 0 0 8000000 8000000 627875 627875 889720 398076 491644 491644 491644 9119519 0 0 1119519 929646 929646 52546 52546 11467 11467 37261 37261 19 19 37230 37230 1692 1692 1069861 978343 91518 0 0 1692 29498060 29898422 8536889 9716713 38034949 39616827 0 5839 0 5839 X 38034949 39610988 38034949 39610988 38034949 39616827 8049658 -6473619 0 X 0 1 X 1 0 X X 4 FLINT CULTURAL CENTER CORPORATION 386089075 10 1 308912 0 FLINT INSTITUTE OF ARTS 381539984 10 1 199626 0 FLINT INSTITUTE OF MUSIC 386159482 2 1 421108 0 COMMUNITY FOUNDATION OF GREATER FLINT 382190667 8 1 48697 0 4 978343 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 SCHEDULE A, SECTION B, LINE 1 THE COMMUNITY FOUNDATION OF GREATER FLINT APPOINTS FIVE DIRECTORS AND THE FLINT CULTURAL CENTER CORP., FLINT INSTITUTE OF ARTS, AND FLINT INSTITUTE OF MUSIC WILL EACH APPOINT ONE DIRECTOR. THERE ARE NO CONDITIONS OR RESTRICTIONS ON THESE APPOINTMENT RULES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 38034949 8000000 -5391362 929646 50408 52545 39610988 30837870 4000000 4190522 893080 50892 49471 38034949 24222613 4000000 3626434 914143 49094 47940 30837870 18134173 4000000 3073595 900495 43279 41381 24222613 20363910 -1264823 881898 42072 40944 18134173 0.00000 0.90890 0.09110 0 0 0 9716713 F 9716713 X PART V, LINE 4: TERM ENDOWMENT FUNDS ARE NET ASSETS RESULTING FROM CONTRIBUTIONS WHOSE USE BY THE ORGANIZATION IS LIMITED BY DONOR-IMPOSED STIPULATIONS THAT EITHER EXPIRE BY PASSAGE OF TIME OR CAN BE FULFILLED AND REMOVED BY ACTIONS OF THE ORGANIZATION PURSUANT TO THOSE STIPULATIONS. PERMANENT ENDOWMENT FUNDS CONSIST OF RESOURCES OF WHICH THE USE BY THE ORGANIZATION IS LIMITED BY DONOR-IMPOSED RESTRICTIONS WHICH REQUIRE THAT HISTORIC GIFTS MAY NEVER BE SPENT. THE ORGANIZATION'S EARNINGS ON PERMANENTLY RESTRICTED NET ASSETS ARE CLASSIFIED AS TEMPORARILY RESTRICTED UNTIL APPROPRIATED FOR EXPENDITURE BASED ON THE TERMS OF THE ORIGINAL GIFT AGREEMENT. PART X, LINE 2: THE FOUNDATION AND ITS SUPPORTING ORGANIZATIONS ARE EXEMPT FROM FEDERAL INCOME TAX UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) OF 1986. THEY HAVE BEEN CLASSIFIED AS ORGANIZATIONS WHICH ARE NOT PRIVATE FOUNDATIONS AS DEFINED IN SECTIONS 509(A)(1) AND 170(B)(1)(A)(VI) OF THE IRC. THE FOUNDATION APPLIES A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD FOR ALL TAX UNCERTAINTIES. TAX BENEFITS THAT HAVE A GREATER THAN 50% LIKELIHOOD OF BEING SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES ARE RECOGNIZED. BASED ON ITS EVALUATION, THE FOUNDATION HAS CONCLUDED THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN ITS COMBINED FINANCIAL STATEMENTS. 1 FLINT CULTURAL CENTER CORPORATION 601 E SECOND ST FLINT MI 48503 386089075 501(C)(3) 308912 0 PROGRAM/OPERATIONAL FLINT INSTITUTE OF ARTS 1120 E KEARSLEY ST FLINT MI 48503 381539984 501(C)(3) 199626 0 PROGRAM/OPERATIONAL FLINT INSTITUTE OF MUSIC 1025 E KEARSLEY ST FLINT MI 48503 386159482 501(C)(3) 421108 0 PROGRAM/OPERATIONAL 3 0 PART I, LINE 2: THE ORGANIZATION REQUIRES REPORTS FROM ALL GRANTEES REGARDING THE USE OF FUNDS. REPORTS ARE SUBMITTED ANNUALLY AT THE END OF THE GRANT PERIOD. 0 0 0 0 0 0 0 0 0 ISAIAH OLIVER PRESIDENT AND CEO 0 256288 0 0 0 6180 0 13137 0 16882 0 292487 0 0 BRETT HUNKINS CFO/TREASURER 0 143190 0 0 0 2770 0 7298 0 2248 0 155506 0 0 PART I, LINE 3 COMMUNITY FOUNDATION OF GREATER FLINT, PAYOR OF COMPENSATION FOR ALL OFFICERS, HAD AN INDEPENDENT COMPENSATION STUDY PERFORMED AND PRESENTED TO EXECUTIVE COMMITTEE. EXECUTIVE COMMITTEE APPROVES PRESIDENT/CEO'S SALARY ANNUALLY. FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT OF THE DAILY OPERATIONS OF THE FOUNDATION FOR THE FLINT CULTURAL CENTER ARE PERFORMED BY A SUPPORTED ORGANIZATION, THE COMMUNITY FOUNDATION OF GREATER FLINT. COMPENSATION FOR THESE SERVICES IN 2022 WAS $52,545. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS OF THE ORGANIZATION CONSIST OF EIGHT PERSONS APPOINTED BY THE RELATED ORGANIZATIONS. THE COMMUNITY FOUNDATION OF GREATER FLINT APPOINTS FIVE DIRECTORS AND THE FLINT CULTURAL CENTER CORPORATION, FLINT INSTITUTE OF ARTS, AND FLINT INSTITUTE OF MUSIC EACH APPOINT ONE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF FORM 990 IS REVIEWED BY THE CFO AND IS THEN REVIEWED AND APPROVED BY THE PRESIDENT & CEO. MANAGEMENT REVIEWS THE 990 WITH THE AUDIT COMMITTEE, AND THE AUDIT COMMITTEE RECOMMENDS ACCEPTANCE TO THE BOARD OF DIRECTORS. UPON THE COMMITTEE'S RECOMMENDATION, THE 990 IS SHARED WITH THE BOARD, WHICH VOTES TO ACCEPT THE RECOMMENDATION. FORM 990, PART VI, SECTION B, LINE 12C FOUNDATION FOR THE FLINT CULTURAL CENTER DIRECTORS COMPLETE A CONFLICT OF INTEREST DISCLOSURE ANNUALLY AND REPORT CONFLICTS AS REQUIRED. THESE CONFLICTS ARE VERBALIZED WITHIN MEETINGS AND DOCUMENTED. DIRECTORS ARE REQUIRED TO ABSTAIN FROM DISCUSSION AND VOTING WHERE CONFLICT EXISTS. FORM 990, PART VI, SECTION C, LINE 19 THE COMMUNITY FOUNDATION OF GREATER FLINT HOLDS THE RECORDS FOR THE FOUNDATION FOR FLINT CULTURAL CENTER AND WILL MAKE AVAILABLE FOR PUBLIC INSPECTION THE LAST THREE YEARS OF ITS TAX DOCUMENTS, INCLUDING INTERNAL REVENUE SERVICE FORMS 990, 990T (IF APPLICABLE), THE FOUNDATION FOR FLINT CULTURAL CENTER'S APPLICATION FOR TAX EXEMPTION, IRS FORM 1023, THE BYLAWS, THE CONFLICT OF INTEREST POLICY AND THE AUDITED FINANCIAL STATEMENTS. IF THE REQUEST FOR ANY OF THESE DOCUMENTS IS MADE IN PERSON, THE REQUESTED DOCUMENTS WILL BE PROVIDED ON THE DAY OF THE REQUEST, IF POSSIBLE. IF THE REQUEST IS IN WRITING (INCLUDING EMAIL), COPIES WILL BE PROVIDED WITHIN 30 DAYS OF THE REQUEST. THE REQUESTOR WILL BE CHARGED A REASONABLE FEE FOR THE COST OF COPYING, PLUS POSTAGE. ADDITIONALLY, THESE DOCUMENTS ARE AVAILABLE ON THE COMMUNITY FOUNDATION OF GREATER FLINT'S WEBSITE AT WWW.CFGF.ORG. FLINT INSTITUTE OF MUSIC 1025 E KEARSLEY ST FLINT MI 48503 386159482 SCHOOL MI 501(C)(3) LINE 2 N/A 0 FLINT INSTITUTE OF ARTS 1120 E KEARSLEY ST FLINT MI 48503 381539984 PUBLICLY SUPPORTED MI 501(C)(3) LINE 10 N/A 0 FLINT CUTURAL CENTER CORPORATION 1310 E KEARSLEY ST FLINT MI 48503 386089075 PUBLICLY SUPPORTED MI 501(C)(3) LINE 10 N/A 0 FOUNDATION FOR FLINT 500 S SAGINAW ST FLINT MI 48502 812649933 SUPPORT ORG MI 501(C)(3) LINE 12A, I COMMUNITY FOUNDATION OF GREATER FLINT 0 COMMUNITY FOUNDATION OF GREATER FLINT 500 S SAGINAW ST STE 200 FLINT MI 48502 382190667 COMMUNITY FOUNDATION MI 501(C)(3) LINE 8 N/A 0 FLINT KIDS LEARN 500 S SAGINAW ST STE 200 FLINT MI 48502 814991822 SUPPORT ORG MI 501(C)(3) LINE 12A, I COMMUNITY FOUNDATION OF GREATER FLINT 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0