2024-05-07T16:24:24-05:00 2023-06-30 941481988 BOWMAN & COMPANY LLP 10100 TRINITY PARKWAYSTE 310 STOCKTON CA 95219 990 2022-07-01 770518099 CENTRAL VALLEY CENTER FOR THE ARTS INC CENT 2093385000 1000 I STREET MODESTO CA 95354 CHAD HILLIGUS CEO 2093385000 2024-05-03 1 CHAD HILLIGUS 999009999 0 TARA EASTWOOD P00539129 2094731040 2024-05-03 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHAD HILLIGUS 1000 I STREET MODESTO CA 95354 2158533 0 X WWW.GALLOARTS.ORG X 1999 CA TO ADMINISTER THE ORGANIZATION'S PERMANENT ENDOWMENT FUND AND PROVIDE FINANCIAL SUPPORT FOR THE OPERATION OF THE GALLO CENTER FOR THE ARTS, INC. 17 17 0 25 0 0 205000 155000 0 0 1688864 180869 288620 399695 2182484 735564 0 450000 0 0 0 0 0 0 0 146013 187070 146013 637070 2036471 98494 29069253 32224589 27748 28322 29041505 32196267 X TO RECEIVE, ACQUIRE, HOLD, MANAGE, ADMINISTER AND EXPEND PROPERTY AND FUNDS FOR CHARITABLE AND PUBLIC PURPOSES TO SUPPORT AND ENCOURAGE THE ARTS IN THE CENTRAL VALLEY, INCLUDING BUT NOT LIMITED TO MAINTAINING A PERMANENT, IRREVOCABLE ENDOWMENT FUND AND PROVIDE FINANCIAL SUPPORT FOR THE OPERATION OF A PERFORMING ARTS CENTER. 0 0 507769 450000 180869 TO ADMINISTER AND MAINTAIN THE PERMANENT, IRREVOCABLE ENDOWMENT FUND AND TO PROVIDE FINANCIAL SUPPORT FOR THE OPERATION OF A PERFORMING ARTS CENTER. 122519 399695 THE ORGANIZATION PROVIDED THE CONCESSION OPERATIONS FOR THE GALLO CENTER FOR THE ARTS, INC. 630288 1 1 0 0 0 0 0 0 0 1 0 0 1 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 1 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X THE ORGANIZATION 2093385000 1000 I STREET MODESTO CA 95354 ALEX MARI MD CHAIRMAN OF THE BOARD 4.00 4.00 X X 0 0 0 JUNE ROGERS VICE PRESIDENT 4.00 4.00 X X 0 0 0 CHRISTINA GOMEZ TREASURER & CHAIR ELECT 4.00 4.00 X X 0 0 0 GINGER JOHNSON SECRETARY 4.00 4.00 X X 0 0 0 MEL BRADLEY DIRECTOR 1.00 1.00 X 0 0 0 KATY MENGES DIRECTOR 1.00 1.00 X 0 0 0 JUAN SANCHEZ MUNOZ PHD DIRECTOR 1.00 1.00 X 0 0 0 MICHELLE LEWIS DIRECTOR 1.00 1.00 X 0 0 0 DUNCAN RENO DIRECTOR 1.00 1.00 X 0 0 0 SARAH GROVER DIRECTOR 1.00 1.00 X 0 0 0 TINA ROCHA DIRECTOR 1.00 1.00 X 0 0 0 MICHAEL KRAUSNICK DIRECTOR 1.00 1.00 X 0 0 0 STEPHANIE GALLO TYLER DIRECTOR 1.00 1.00 X 0 0 0 NICOLE LARSON DIRECTOR 1.00 1.00 X 0 0 0 BRANT SCOTT DIRECTOR 1.00 1.00 X 0 0 0 ANN VENEMAN DIRECTOR 1.00 1.00 X 0 0 0 GEOFFREY WONG DIRECTOR 1.00 1.00 X 0 0 0 CHAD HILLIGUS CEO 1.00 50.00 X 0 228825 330 DANNY ROBERTS DIR OF FINANCE 1.00 50.00 X 0 113902 12372 AL POULUS COO & DIRECTOR OF IT 1.00 50.00 X 0 151862 29358 DOUG HOSNER DIRECTOR OF MARKETING 1.00 50.00 X 0 116214 22638 CORTNEY HURST DIRECTOR OF ARTS EDUCATION 1.00 50.00 X 0 106659 12001 KRISTEN KENYON DIRECTOR OF DEVELOPMENT 1.00 50.00 X 0 111982 6546 JEREMIAH LEWIS DIRECTOR OF TECHNICAL SVCS 1.00 50.00 X 0 105196 11283 0 934640 94528 0 0 1 0 0 155000 5000 155000 705469 705469 764055 1288655 -524600 -524600 -524600 534009 134314 399695 399695 735564 580564 0 0 450000 450000 60809 57769 3040 26580 26580 46 46 PERSONNEL COSTS 58038 58038 TAXES 39555 37855 1700 BAD DEBT 1834 1834 208 208 637070 630288 6782 0 208906 174131 2042 0 32146 50466 28826159 31999992 29069253 32224589 27748 28247 75 27748 28322 X 9352268 10298347 19689237 21897920 29041505 32196267 29069253 32224589 98494 3056268 0 X X 0 1 X 1 1 1 X X 1 GALLO CENTER FOR THE ARTS INC 562607443 10 0 450000 0 1 450000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 28826159 150000 3023833 31999992 33299240 200000 -4673081 28826159 26107584 7191656 33299240 26022647 150000 1125510 1190573 26107584 24884260 150000 1069344 80957 26022647 0.36580 0.63420 0 0 0 FIXED INCOME MUTUAL FUNDS 8375754 F DOMESTIC EQUITY MUTUAL FUNDS 14001396 F INTERNATIONAL EQUITIES MUTUAL FUNDS 9094246 F CORPORATE BONDS 528596 F 31999992 X PART X, LINE 2: THE CENTER REVIEWS AND ASSESSES TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN AGAINST MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTES FOR FINANCIAL STATEMENT RECOGNITION. THE CENTER'S POLICY FOR EVALUATING UNCERTAIN TAX POSITIONS IS A TWO-STEP PROCESS. THE FIRST STEP IS TO EVALUATE THE TAX POSITION FOR RECOGNITION BY DETERMINING IF THE WEIGHT OF AVAILABLE EVIDENCE INDICATES THAT IT IS MORE-LIKELY-THAN-NOT THAT THE POSITION WILL BE SUSTAINED UPON AUDIT, INCLUDING RESOLUTION OF RELATED APPEALS OR LITIGATIONS PROCESSES, IF ANY. THE SECOND STEP IS TO MEASURE THE TAX BENEFIT OR LIABILITY AS THE LARGEST AMOUNT THAT IS MORE THAN 50% LIKELY TO BE REALIZED OR INCURRED UPON SETTLEMENT. BASED ON AN ANALYSIS PREPARED BY THE CENTER, IT WAS DETERMINED THAT THE TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN HAD NO MATERIAL EFFECT ON THE RECORDED TAX ASSETS AND LIABILITIES OF THE CENTER. THE CENTER'S FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, AND FORMS 990-T, EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. PART V, LINE 4: CENTRAL VALLEY CENTER FOR THE ARTS, INC.(CVCA) IS THE LEGAL ENTITY THAT SUPPORTS THE OPERATIONS OF THE GALLO CENTER FOR THE ARTS, INC. (GCA) THROUGH THE ESTABLISHMENT OF ENDOWMENT FUNDS THAT PROVIDE NECESSARY FINANCIAL BACKING TO ENSURE OPERATION OF THE PERFORMING ARTS CENTER THROUGH THE LIFE OF THE LEASE OF THE FACILITIES FROM STANISLAUS COUNTY. GCA IS THE LEGAL ENTITY THAT WAS SETUP TO HOLD THE LEASE ON THE BUILDING AND TANGIBLE THEATRE ASSETS NEEDED TO SUPPORT THE OPERATIONS OF THE GCA, WHICH TANGIBLE ASSETS ALONG WITH THE BUILDING ARE CONTRACTED TO CONVEY BACK TO STANISLAUS COUNTY AT THE TERMINATION OF THE LEASE. WHILE THESE TWO ENTITIES ARE RELATED AND WORK TOGETHER TO SUPPORT THE GCA THROUGH THE LIFE OF THE LEASE, UPON TERMINATION THEY WILL NOT REMAIN CONNECTED. WHILE THE ASSETS OF GCA WILL CONVEY BACK TO STANISLAUS COUNTY, THE ASSETS IN CVCA, INCLUSIVE OF THE ENDOWMENT FUNDS, WILL CONTINUE TO BE HELD BY CVCA TO SUPPORT THE ARTS IN STANISLAUS COUNTY. 0 GALLO CENTER FOR THE ARTS INC 1000 I STREET MODESTO CA 95354 562607443 501(C)(3) 450000 0 SUPPORTED ORGANIZATION (SEE SCHEDULE A) 1 0 0 0 0 0 0 0 0 0 0 CHAD HILLIGUS CEO 0 178825 0 50000 0 0 0 0 0 330 0 229155 0 0 AL POULUS COO & DIRECTOR OF IT 0 151862 0 0 0 0 0 7857 0 21501 0 181220 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE DIRECTOR OF FINANCE RECEIVES A DRAFT OF THE 990 FROM THE PREPARER, PERFORMS A THOROUGH REVIEW, AND PROVIDES COMMENTS AND SUGGESTIONS TO THE PREPARER. THE PREPARER UPDATES THE 990 AND SENDS THE REVISED DRAFT TO THE DIRECTOR OF FINANCE WHO REVIEWS THE CHANGES AND PRESENTS IT TO THE FINANCE COMMITTEE. RELEVANT COMMENTS ARE ADDRESSED AND INCORPORATED AS NECESSARY. PRIOR TO FILING, THE FINAL VERSION IS DISTRIBUTED TO THE FULL BOARD WITH AN INVITATION TO DIRECT COMMENTS AND QUESTIONS TO MEMBERS OF THE FINANCE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS, OFFICERS AND MEMBERS OF COMMITTEES ARE REQUIRED TO DISCLOSE AND DOCUMENT ANY POTENTIAL CONFLICT OF INTEREST. THEY ARE ALSO UNDER PERIODIC REVEIW FOR COMPENSATION ARRANGEMENTS, INVESTMENT POLICIES, RELATED PARTY TRANSACTIONS, AS WELL AS ANY PAYMENTS FOR GOODS AND SERVICES PROVIDED TO ENFORCE SUCH POLICY. THE ORGANIZATION ALSO CONSULTS OUTSIDE EXPERTS AS NEEDED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE C THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR. GALLO CENTER FOR THE ARTS LLC 1000 I STREET MODESTO CA 95354 611443197 TO MANAGE THE CONCESSION OPERATIONS OF THE GALLO CENTER FOR THE ARTS CA 534009 224597 CENTRAL VALLEY CENTER FOR THE ARTS INC GALLO CENTER FOR THE ARTS INC 1000 I STREET MODESTO CA 95354 562607443 TO LEASE AND OPERATE THE REGIONAL ART CENTER. CA 501(C)(3) LINE 10 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 GALLO CENTER FOR THE ARTS INC B 150000 ACTUAL