2024-06-28T11:15:25-05:00 2023-12-31 221655803 DORFMAN ABRAMS MUSIC LLC 250 PEHLE AVE SUITE 702 SADDLE BROOK NJ 07663 990 2023-01-01 136214741 COUNCIL OF FASHION DESIGNERS OF AMERICA INC COUN 2127685700 1350 AVENUE OF AMERICAS FL 2 NEW YORK NY 10019 STEVEN KOLB CEO 2013021821 2024-06-28 1 STEVEN KOLB 999009999 0 PATRICIA DIAZ CPA P01362006 2014039750 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z THOM BROWNE 1350 AVENUE OF AMERICAS FL 2 NEW YORK NY 10019 1479539 0 X WWW.CFDA.COM X 1962 NY TO FURTHER THE POSITION OF FASHION DESIGN IN AMERICA AS A RECOGNIZED BRANCH OF AMERICAN ART & CULTURE, TO ADVANCE ARTISTIC, ETHICAL AND PROFESSIONAL STANDARDS, AND TO PROMOTE AND IMPROVE PUBLIC UNDERSTANDING AND APPRECIATION OF THE FASHION ARTS THROUGH GROUP LEADERSHIP IN QUALITY AND TASTE. 17 17 0 0 0 0 697700 456517 585239 408702 95693 98928 10875 86135 1389507 1050282 0 0 0 0 1329722 1249581 0 0 0 1030366 1000231 2360088 2249812 -970581 -1199530 1911408 2041957 5234530 6545667 -3323122 -4503710 X TO FURTHER THE POSITION OF FASHION DESIGN AS A RECOGNIZED BRANCH OF AMERICAN ART & CULTURE, TO ADVANCE ARTISTIC, ETHICAL AND PROFESSIONAL STANDARDS, AND TO PROMOTE AND IMPROVE PUBLIC UNDERSTANDING AND APPRECIATION OF THE FASHION ARTS THROUGH GROUP LEADERSHIP IN QUALITY AND TASTE. 0 0 MEMBERSHIP:DESIGNER MEMBERSHIP DUES FOR THE PURPOSE OF FURTER POSITIONING FASHION DESIGN AS A RECOGNIZED BRANCH OF AMERICAN ART AND CULTURE. AS WELL AS STRATEGIC PARTNERSHIPS WITH CORPORATE MEMBERS FOR THE PURPOSE OF CREATING MEANINGFUL BUSINESS DRIVEN BENEFITS FOR CFDA MEMBERS. MARKET WEEKS:A SUBSCRIPTION AND LISTING SERVICE FOR THE PURPOSE OF SCHEDULING AND PROMOTING FASHION INDUSTRY EVENTS. 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 22 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X STEVEN KOLB CEO 2123021821 1350 AVENUE OF THE AMERICAS FLOOR 2 NEW YORK NY 10019 RALPH LAUREN BOARD MEMBER 2.00 X 0 0 0 MICHAEL KORS BOARD MEMBER 2.00 X 0 0 0 DIANE VON FURSTENBERG BOARD MEMBER 2.00 X 0 0 0 NORMA KAMALI BOARD MEMBER 2.00 X 0 0 0 TOMMY HILFIGER BOARD MEMBER 2.00 X 0 0 0 BETHANN HARDISON BOARD MEMBER 2.00 X 0 0 0 DAO-YI CHOW BOARD MEMBER 2.00 X 0 0 0 CARLY CUSHNIE BOARD MEMBER 2.00 X 0 0 0 TRACY REESE BOARD MEMBER 2.00 X 0 0 0 STAN HERMAN BOARD MEMBER 2.00 X 0 0 0 VERA WANG BOARD MEMBER 2.00 X 0 0 0 TORY BURCH BOARD MEMBER 2.00 X 0 0 0 REED KRAKOFF TERM 2023 BOARD MEMBER 2.00 X 0 0 0 THOM BROWNE BOARD CHAIRMAN 5.00 X X 0 0 0 PRABAL GURUNG VICE CHAIR 5.00 X X 0 0 0 AURORA JAMES VICE CHAIR 5.00 X X 0 0 0 STACEY BENDET EISNER TREASURER 5.00 X X 0 0 0 MARIA CORNEJO GENERAL SECRETARY 5.00 X X 0 0 0 STEVEN KOLB CEO 13.80 26.20 X 155520 294480 26394 CASANDRA DIGGS PRESIDENT 13.80 26.20 X 138240 261760 26326 LISA ANNE SMILOR EXECUTIVE VICE PRESIDENT 13.80 26.20 X 95040 179960 24738 ASHLEY M SANDALL DIRECTOR STRATEGIC PARTNER 13.80 26.20 X 65664 124336 21959 SARA KOZOLWSKI DIRECTOR OF EDUCATION 13.80 26.20 X 63936 121064 21837 MARC KARIMZADEH DIRECTOR OF COMMUNICATIONS 13.80 26.20 X 58752 111248 21358 SACHA ELYSE BROWN DIRECTOR OF PROFESSIONAL D 13.80 26.20 X 46656 88344 19919 CHARLES MCNEIL DIRECTOR OF PROGRAMS 13.80 26.20 X 41472 78528 19722 665280 1259720 182253 2 0 1 0 0 406517 50000 456517 SPONSORSHIP 900099 255000 255000 SUBSCRIPTIONS 900099 153151 153151 OTHER INCOME 900099 551 551 408702 21375 21375 86135 86135 506810 429257 77553 77553 77553 1050282 486255 0 107510 415570 653048 108436 72527 27392 28479 175654 99062 1323 63322 384514 16953 BAD DEBT EXPENSE 84262 EVENT OPERATIONS AND MA 68584 TELEPHONE & TELECOM 31319 BANK CHARGES 12491 6876 2249812 130657 566634 135870 10000 1610216 1038141 597871 572075 994476 862346 52534 30902 1911408 2041957 50864 365744 100000 5183666 6079923 5234530 6545667 X -3323122 -4503710 -3323122 -4503710 1911408 2041957 -1199530 29255 -10313 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1610216 1038141 572075 572075 DUE TO CFDA FOUNDATION, INC 6079923 6079923 X 1069224 29255 29255 1039969 10313 10313 1050282 2249812 0 2249812 0 2249812 PART X, LINE 2: THE ORGANIZATION IS A TAX-EXEMPT ORGANIZATION AS DEFINED BY SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE, THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE ORGANIZATION HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DICSLOSURE IN THE FINANCIAL STATEMENTS. X X X X X 0 0 0 STEVEN KOLB CEO 155520 294480 0 0 0 0 0 0 9122 17272 164642 311752 0 0 CASANDRA DIGGS PRESIDENT 138240 261760 0 0 0 0 0 0 9098 17228 147338 278988 0 0 LISA ANNE SMILOR EXECUTIVE VICE PRESIDENT 95040 179960 0 0 0 0 0 0 8549 16189 103589 196149 0 0 ASHLEY M SANDALL DIRECTOR STRATEGIC PARTNER 65664 124336 0 0 0 0 0 0 7589 14370 73253 138706 0 0 SARA KOZOLWSKI DIRECTOR OF EDUCATION 63936 121064 0 0 0 0 0 0 7547 14290 71483 135354 0 0 MARC KARIMZADEH DIRECTOR OF COMMUNICATIONS 58752 111248 0 0 0 0 0 0 7381 13977 66133 125225 0 0 SACHA ELYSE BROWN DIRECTOR OF PROFESSIONAL D 46656 88344 0 0 0 0 0 0 6884 13035 53540 101379 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE COUNCIL OF FASHION DESIGNERS OF AMERICA (CFDA) IS A NONPROFIT TRADE ORGANIZATION THAT LEADS INDUSTRY WIDE INITIATIVES AND WHOSE MEMBERSHIP CONSIST OF MORE THAN 450 OF AMERICA'S FOREMOST FASHION AND ACCESORY DESIGNERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERSHIP IS BY INVITATION ONLY, AND IS OPEN TO AMERICANS DESIGNING IN THE UNITED STATES OR ABROAD, OR INTERNATIONAL DESIGNERS WHOSE BUSINESSES ARE BASED PRIMARILY IN THE UNITED STATES. EACH YEAR, THE ADMISSIONS COMMITTEE MEETS TO REVIEW CANDIDATES' APPLICATIONS, MAKING ITS RECOMMENDATIONS TO THE CFDA'S BOARD OF DIRECTORS. AN AFFIRMATIVE VOTE BY THE BOARD IS REQUIRED FOR THE ELECTION OF EACH MEMBER. THE EXECUTIVE COMMITTEE SERVES AS THE NOMINATING COMMITTEE OF THE BOARD OF DIRECTORS. NOMINATIONS OF THE DIRECTORS SHALL BE RATIFIED BY THE BOARD OF DIRECTORS IN MARCH OF EACH YEAR. THE MEMBERS ARE NOTIFIED IN WRITING BY MAIL OF SUCH NOMINATIONS, AND ON THE PROPOSED SLATE AT THE SPRING BI-ANNUAL MEMBERSHIP MEETING. FORM 990, PART VI, SECTION B, LINE 11B CEO AND FINANCE MANAGER REVIEW THE 990 AND DRAFT COPY IS SENT TO FULL BOARD OF DIRECTORS FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE COMPLETED ANNUALLY BY EACH BOARD MEMBER. AUDIT COMMITTEE DISSEMINATES CONFLICT OF INTEREST STATEMENTS TO BOARD OF DIRECTORS AND STAFF ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 BOARD APPROVAL, COMPENSATION TEAM (MADE-UP OF TWO BOARD MEMBERS), COMPENSATION SURVEYS & STUDIES, FORM 990'S FROM OTHER ORGANIZATIONS, INDEPENDENT COMPENSATION CONSULTANT REPORT. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST. FORM 990, PAGE 11, PART XI THE BOARD OF DIRECTORS IS RESPONSIBLE FOR THE AUDIT AND FOR SELECTION OF THE INDEPENDENT ACCOUNTANT. FORM 990, PAGE 5, PART V, QUESTION 2A ALL EMPLOYEES OF THE FOUNDATION ARE LEASED.IN ADDITION ALL THE REQUIRED PAYROLL AND RELATED EMPLOYMENT RETURNS ARE FILED BY THE LEASING COMPANY. CFDA FOUNDATION INC 1350 AVENUE OF THE AMERICAS FLOOR 2 NEW YORK NY 10019 237371666 TO ENCOURAGE FASHION DESIGN AND PROMOTE PUBLIC INTEREST IN FASHION NY 501(C)(3) 509(A)(2) N/A 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 CFDA FOUNDATION INC E 6079923 ACTUAL ALLOCABLE EXPENSES