2025-11-10T19:14:51-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 901 N GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2024-01-01 237011544 WOLF TRAP FOUNDATION FOR THE PERFORMING ARTS WOLF 7032551900 1645 TRAP ROAD VIENNA VA 22182 ARVIND MANOCHA PRESIDENT & CEO 7032551900 2025-11-10 1 0 AMY CHAPMAN P00843460 5712279500 2025-11-10 2024 2025-03-06 01:10:19Z ARVIND MANOCHA 1645 TRAP ROAD VIENNA VA 22182 63870720 0 X WWW.WOLFTRAP.ORG X 1968 DC TO PRESENT AND CREATE EXCELLENT AND INNOVATIVE PERFORMING ARTS PROGRAMS. 49 48 837 191 1119404 124636 33927908 22922412 35038578 34070980 2396551 4248225 1192063 1307021 72555100 62548638 75060 78654 0 0 17210318 18881545 240608 209636 6343263 43993461 54621191 61519447 73791026 11035653 -11242388 114810236 103934129 8980215 7807474 105830021 96126655 X TO PRESENT AND CREATE EXCELLENT AND INNOVATIVE PERFORMING ARTS PROGRAMS FOR THE ENRICHMENT, EDUCATION, AND ENJOYMENT OF DIVERSE AUDIENCES AND PARTICIPANTS. 0 0 54312406 0 32580777 THE FILENE CENTER VENUE IS LOCATED ON FEDERAL PROPERTY AND WOLF TRAP FOUNDATION FOR THE PERFORMING ARTS AND THE NATIONAL PARK SERVICE PARTNER IN PROVIDING CONCERT AND PERFORMANCE PROGRAMMING WITHIN THE PARK. THE FILENE CENTER AT WOLF TRAP IS THE ONLY NATIONAL PARK DEDICATED TO PRESENTING THE PERFORMING ARTS. FROM LATE MAY TO EARLY SEPTEMBER ALMOST 355,000 PATRONS AT 65 PERFORMANCES WERE IN ATTENDANCE AT SHOWS THAT INCLUDED POP, ROCK, MUSICAL THEATER, SYMPHONY & FILM, DANCE, OPERA, AND MORE WITH AN AVERAGE TICKET PRICE OF $75. THE FILENE CENTER HAS THE SECOND LARGEST THEATRICAL STAGE IN THE COUNTRY; SEATS 7,028, NEARLY 4,000 OF WHICH ARE COVERED WITH OPEN SIDES AND VIEWS OF THE TALL TREES AND ROLLING HILLS IN THE PARK. THE REMAINDER OF THE SEATING IS UNCOVERED ON A SLOPING LAWN WHERE PATRONS CAN BRING PICNICS TO ENJOY BEFORE & DURING PERFORMANCES. THE BARNS AT WOLF TRAP PRESENTS APPROXIMATELY 79 PERFORMANCES FROM OCTOBER TO EARLY MAY AT OUR 382 SEAT INDOOR VENUE. ALMOST 28,000 PATRONS ENJOY LEGENDARY ARTISTS AND EXCITING UP-AND-COMING TALENTS IN A DIVERSE ARRAY OF MUSICAL GENRES WITH AN AVERAGE TICKET PRICE OF $53. THE THEATER WAS BUILT FROM TWO RESTORED 18TH CENTURY BARNS AND WAS A GIFT FROM OUR FOUNDER, CATHERINE FILENE SHOUSE. 4344512 26499 562637 WOLF TRAP OPERA (WTO), CREATED IN 1971, IS A HIGHLY REGARDED RESIDENCY PROGRAM FOR OPERA SINGERS. IT OFFERS EMERGING ARTISTS ONE OF THE BEST TRAINING AND PERFORMING EXPERIENCES IN THE NATION. OUR PRIMARY TIER OF FILENE ARTISTS HAS COMPLETED ADVANCED DEGREES AND ARE ALREADY ESTABLISHED SINGERS ON THE VERGE OF PROFESSIONAL CAREERS; STUDIO ARTISTS ARE TALENTED STUDENT SINGERS CONSIDERING A CAREER IN THE FIELD. ALUMNI HAVE GONE ON TO CAREERS PERFORMING WITH SOME OF THE LEADING OPERA COMPANIES IN THE WORLD. WTO PROVIDES BOTH CAREER GUIDANCE AND A CHANCE TO POLISH SKILLS NEEDED TO ADVANCE TO THE NEXT LEVEL AND OFFERS AN OPPORTUNITY FOR OUR NATION'S MOST TALENTED YOUNG PERFORMERS TO EXPERIENCE THE DEMANDS OF A PROFESSIONAL CAREER IN THE PERFORMING ARTS. HIGHLY ACCLAIMED PERFORMANCES ARE HELD AT BOTH THE FILENE CENTER AND THE BARNS. IN 2024, WOLF TRAP OPERA MOUNTED HIGHLY SUCCESSFUL PRODUCTIONS OF MOZART'S COS FAN TUTTE, KEVIN PUTS AND MARK CAMPBELL'S SILENT NIGHT, AND PUCCINI'S LA BOHME. PERFORMANCES OF COS FAN TUTTE AND SILENT NIGHT WERE CAPTURED FOR DELAYED STREAMING. 4307621 52155 533514 EACH YEAR, WOLF TRAP EDUCATION DELIVERS HIGH QUALITY ARTS-LEARNING EXPERIENCES TO 95,000 CHILDREN AND ADULTS, LOCALLY, NATIONALLY, AND INTERNATIONALLY. AT THE HEART OF WOLF TRAP'S EDUCATION OUTREACH FOR MORE THAN FOUR DECADES, THE WOLF TRAP INSTITUTE FOR EARLY LEARNING THROUGH THE ARTS (INSTITUTE) IS RECOGNIZED NATIONALLY AS A MODEL FOR INCORPORATING THE PERFORMING ARTS INTO EARLY CHILDHOOD CURRICULA. CONDUCTING EARLY CHILDHOOD EDUCATION THROUGH ARTS INTEGRATION IN 26 STATES AND THE DISTRICT OF COLUMBIA, INCLUDING 28 WOLF TRAP INSTITUTE AFFILIATE SITES ACROSS THE US AND IN SINGAPORE, THE INSTITUTE PROVIDES DIRECT SERVICES TO CHILDREN BIRTH THROUGH 6 YEARS OF AGE AND MULTIPLIES ITS IMPACT THROUGH PROFESSIONAL DEVELOPMENT FOR EARLY CHILDHOOD EDUCATORS, PARENTS, AND CAREGIVERS. THE INSTITUTE SEEKS TO ADDRESS TWO PRIMARY CONCERNS: (1) THE LEARNING AND DEVELOPMENT OF CHILDREN WHO LIVE IN ECONOMICALLY DISADVANTAGED CIRCUMSTANCES; AND (2) ACCESS TO EFFECTIVE PROFESSIONAL DEVELOPMENT FOR TEACHERS WHO WORK WITH THESE CHILDREN. BY INTEGRATING PERFORMING ARTS STRATEGIES INTO EARLY CHILDHOOD STANDARDS-BASED INSTRUCTION, THE INSTITUTE ENHANCES CHILDREN'S COGNITIVE, PHYSICAL, AND SOCIAL/EMOTIONAL DEVELOPMENT, AS WELL AS LANGUAGE AND LITERACY, SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH (STEM) SKILLS DEVELOPMENT. DURING THE SUMMER OF 2024, WOLF TRAP EDUCATION SERVED 20,906 CHILDREN, PARENTS, AND OTHER CAREGIVERS THROUGH WOLF TRAP CHILDREN'S THEATRE-IN-THE-WOODS (CTITW). BUILDING ON FOUR DECADES AS A BELOVED COMMUNITY INSTITUTION, THIS PROGRAM COMPRISES SEVEN WEEKS OF PERFORMANCES WITH NATIONALLY ACCLAIMED PROFESSIONAL MUSICIANS, ACTORS, AND DANCERS AT AN OUTDOOR VENUE SITUATED IN THE WOODS NEAR THE FILENE CENTER AT WOLF TRAP NATIONAL PARK FOR THE PERFORMING ARTS. THIS UNIQUE, FAMILY-FRIENDLY VENUE OFFERS THE PERFECT ENVIRONMENT FOR LIVELY ADVENTURES IN MUSIC, DANCE, THEATER, AND PUPPETRY. WOLF TRAP'S FIELD TRIP PROGRAM OFFERED FREE PERFORMANCES FOR NEARLY 1,400 STUDENTS, TEACHERS, AND PARENTS/CAREGIVERS PARTICIPATING IN THE INSTITUTE RESIDENCY PROGRAM. WOLF TRAP EDUCATION ALSO MANAGES THE ORGANIZATION'S INTERNSHIP AND APPRENTICESHIP PROGRAM, A HIGHLY COMPETITIVE PROGRAM CONSISTENTLY RANKED AMONG THE NATION'S BEST. VALUING A COMMITMENT TO THE POWER OF THE ARTS TO CHANGE SOCIETY, WOLF TRAP OFFERS PROFESSIONAL DEVELOPMENT OPPORTUNITIES AND BROADENS ACCESS AND ENTRY INTO THE ARTS MANAGEMENT PROFESSION BY OFFERING STIPENDS AS A PART OF THE INTERNSHIP AND APPRENTICESHIP PROGRAM. IN 2024, THE FOUNDATION HIRED 53 INTERNS AND APPRENTICES TO WORK IN DEPARTMENTS ACROSS THE ORGANIZATION. WOLF TRAP EDUCATION ANNUALLY ACKNOWLEDGES AND AWARDS THE WORK AND ACHIEVEMENTS OF THIRTEEN OUTSTANDING PERFORMING ARTS TEACHERS FROM SCHOOL DISTRICTS IN THE DC/MD/VA METRO AREA THROUGH GRANTS FOR MIDDLE SCHOOL AND HIGH SCHOOL PERFORMING ARTS TEACHERS. 62964539 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 1 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 359 0 837 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 49 48 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA CT DC FL MD MA NJ NY NC PA SC VA WA WV X JESSICA BURDICK 7032551900 1645 TRAP ROAD VIENNA VA 22182 ARVIND MANOCHA PRESIDENT AND CEO 40.00 X X 768322 0 33913 DANIEL A D'ANIELLO CHAIR 3.00 X X 0 0 0 JOHN E KING VICE CHAIR & SECRETARY 2.00 X X 0 0 0 MATTHEW KORN TREASURER 2.00 X X 0 0 0 ALKA M KESAVAN DIRECTOR 1.00 X 0 0 0 AMY ROSSI DIRECTOR (AS OF 02/24) 1.00 X 0 0 0 ANDRITA ANDREAS DIRECTOR 1.00 X 0 0 0 ANNE R KLINE DIRECTOR 2.00 X 0 0 0 ANU SAXENA DIRECTOR 1.00 X 0 0 0 BRODERICK D JOHNSON DIRECTOR 1.00 X 0 0 0 BRUCE L CASWELL DIRECTOR 1.00 X 0 0 0 CE ANDREWS DIRECTOR 2.00 X 0 0 0 CHRISTINA GADRINAB DIRECTOR (UNTIL 02/24) 1.00 X 0 0 0 CHRISTINA CO MATHER DIRECTOR (AS OF 02/24) 1.00 X 0 0 0 CHRISTOPHER RAYMOND DIRECTOR (AS OF 02/24) 1.00 X 0 0 0 CLARENCE TAYLOR DIRECTOR 1.00 X 0 0 0 DANTE DELGADO DIRECTOR 1.00 X 0 0 0 DAVID H LANGSTAFF DIRECTOR 1.00 X 0 0 0 DAVID SAMUELS DIRECTOR 1.00 X 0 0 0 DION RUDNICKI DIRECTOR (UNTIL 02/24) 1.00 X 0 0 0 DOMINIC E DRAGISICH DIRECTOR (AS OF 02/24) 1.00 X 0 0 0 DONALD JENKINS DIRECTOR 1.00 X 0 0 0 ERIC KADEL DIRECTOR 1.00 X 0 0 0 FREDRICK SCHAUFELD DIRECTOR 1.00 X 0 0 0 GARY D MATHER DIRECTOR (UNTIL 02/24) 1.00 X 0 0 0 JAMES C REAGAN DIRECTOR 1.00 X 0 0 0 JANET OSBORN DIRECTOR 1.00 X 0 0 0 JANICE BRANDT DIRECTOR 1.00 X 0 0 0 JEAN EDELMAN DIRECTOR 1.00 X 0 0 0 JEREMY BLANK DIRECTOR 1.00 X 0 0 0 JOHN B WOOD DIRECTOR (UNTIL 02/24) 1.00 X 0 0 0 JULIAN M SETIAN DIRECTOR 1.00 X 0 0 0 KENNETH R HAYDUK DIRECTOR 2.00 X 0 0 0 KEVIN BOYLE DIRECTOR 1.00 X 0 0 0 KEVIN ROBBINS DIRECTOR 1.00 X 0 0 0 KEVIN SMITHSON DIRECTOR 2.00 X 0 0 0 LEANA KATZ DIRECTOR 1.00 X 0 0 0 LESLEY A KALAN DIRECTOR 1.00 X 0 0 0 LYNN R DILLON DIRECTOR 2.00 X 0 0 0 MARGARET GUPTA DIRECTOR 2.00 X 0 0 0 MELISSA DELGADO DIRECTOR 1.00 X 0 0 0 MONICA SCHMUDE DIRECTOR (AS OF 02/24) 1.00 X 0 0 0 NANCY J LABEN DIRECTOR 1.00 X 0 0 0 PATRICE K BRICKMAN DIRECTOR 1.00 X 0 0 0 PATRICK S PACIOUS DIRECTOR (UNTIL 02/24) 1.00 X 0 0 0 PRABU NATARAJAN DIRECTOR 1.00 X 0 0 0 RAJ ANANTHANPILLAI DIRECTOR 1.00 X 0 0 0 RICHARD BYNUM DIRECTOR 1.00 X 0 0 0 ROBERT G VAN HOECKE DIRECTOR 1.00 X 0 0 0 ROBERT LUTZ DIRECTOR 1.00 X 0 0 0 SRIKANT SASTRY DIRECTOR 1.00 X 0 0 0 TODD SOTTLEMYER DIRECTOR 1.00 X 0 0 0 TRACY KENNY DIRECTOR 1.00 X 0 0 0 VIRGINIA MCGEHEE FRIEND DIRECTOR 1.00 X 0 0 0 BETH BRUMMEL CHIEF OPERATING OFFICER 40.00 X 380002 0 37062 STEPHEN D KAHN GENERAL COUNSEL 1.00 X 0 0 0 SARA JAFFE VP, DEV & SPECIAL EVENTS 40.00 X 292221 0 37336 SARA BEESLEY VP, PROGRAM AND PRODUCTION 40.00 X 260468 0 30559 JOANN LABRECQUE VP, COMMUNICATIONS & MRKTG 40.00 X 223060 0 24395 JOHN GIAMBALVO VP, FINANCE 40.00 X 211770 0 30934 AKUA KOUYATE VP, EDUCATION 40.00 X 177595 0 24696 2313438 0 218895 28 0 1 0 LF JENNINGS INC 407 N WASHINGTON STREET SUITE 200 FALLS CHURCH VA 22046 CONSTRUCTION 17805340 JOHN F KENNEDY CENTER FOR THE PERFORMIN PO BOX 101510 ARLINGTON VA 22210 PERFORMING ARTIST 2232463 TISBURY TOURS 360 HAMILTON AVENUE 100 WHITE PLAINS NY 10601 PERFORMING ARTIST 2071069 ALLIED ADVERTISING LIMITED PARTNERSHIP 55 CAMBRIDGE PARKWAY SUITE 200 CAMBRIDGE MA 02142 ADVERTISING 1775847 JOHN LEGEND TOURING INC 244 W 54TH STREET 9TH FLOOR NEW YORK NY 10019 PERFORMING ARTIST 1460766 88 78220 2115156 3978066 16750970 2791560 22922412 TICKET REVENUE 711130 26794624 26794624 CONCESSIONS 900099 3526884 3132832 394052 BOX OFFICE TICKET FEES 900099 3410040 3410040 EDUCATION FEES 900099 339432 339432 34070980 2567233 -1708 2568941 547025 189308 357717 357717 507667 -149950 1370239 -310753 1680992 1680992 1680992 783338 2115156 1398265 -614927 -614927 438497 45262 393235 171243 221992 FILENE CENTER FACILITY 900099 1065204 1065204 OTHER REVENUES 900099 57642 57642 ADVERTISING 541800 48150 48150 1170996 62548638 33676928 1119404 4829894 X 78654 78654 1219298 609649 327272 282377 13527362 9123740 1710352 2693270 621452 450991 63892 106569 2227004 1613453 80595 532956 1286429 956069 124085 206275 241692 46540 195152 314619 314619 209636 209636 96324 96324 20740282 20196274 251848 292160 3156956 2789188 20390 347378 2131376 1813140 87815 230421 516524 323898 95261 97365 1057159 784572 97958 174629 1395378 1344027 26765 24586 1418447 1158447 98616 161384 519368 511963 7405 PERFORMANCE FEES 17960072 17933949 4205 21918 FOOD AND BEVERAGE 1790047 1081957 142535 565555 PRODUCTION COSTS 860791 860791 UBI TAXES 29609 29609 2392547 1799200 203968 389379 73791026 62964539 4483224 6343263 8006440 4103733 30937698 12340670 13324067 9644145 642674 1941852 109794 132960 14879 451886 34685193 16037539 16958843 18647654 43839935 55728255 975906 942974 114810236 103934129 5475239 3840244 2571353 3061443 933623 905787 8980215 7807474 X 46235043 52538501 59594978 43588154 105830021 96126655 114810236 103934129 -11242388 1539022 0 X 0 1 X 1 1 1 X 30089917 24983717 28315909 33927908 22922412 140239863 1025597 9553579 27849865 35038578 34070940 107538559 96022 420766 521599 682354 1221835 2942576 31211536 34958062 56687373 69648840 58215187 250720998 16672912 9357493 7694328 15628388 8843827 58196948 0 16672912 9357493 7694328 15628388 8843827 58196948 192524050 544309 474184 605642 2436395 2567233 6627763 544309 474184 605642 2436395 2567233 6627763 332370 749020 1388213 1122846 3592449 31755845 35764616 58042035 73473448 61905266 260941210 0.73780 0.73180 0.02540 0.02010 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER - 2021 AMOUNT: $ 423. 2023 AMOUNT: $ 228,531. 2024 AMOUNT: $ 57,642. FILLENE CENTER FACILITY FEE - 2021 AMOUNT: $ 251,035. 2022 AMOUNT: $ 742,586. 2023 AMOUNT: $ 1,159,682. 2024 AMOUNT: $ 1,065,204. OTHER REVENUES - 2021 AMOUNT: $ 80,912. 2022 AMOUNT: $ 6,434. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 1 1411 0 0 1411 0 PART II-B, LINE 1: WOLF TRAP WORKS WITH FELLOW ARTS ORGANIZATIONS TO ADVOCATE FOR FAIR TREATMENT FOR THE NONPROFIT ARTS COMMUNITY THROUGH CONTACT WITH OUR ELECTED OFFICIALS AT THE STATE, LOCAL, AND NATIONAL LEVELS. OUR ACTIVITIES INCLUDE CORRESPONDENCE, MEETINGS WITH PUBLIC OFFICIALS AND TESTIMONY AT PUBLIC HEARINGS BY WOLF TRAP BOARD OF DIRECTORS, STAFF MEMBERS, AND OTHER MEMBERS OF THE COMMUNITY WHO SUPPORT THE ARTS AND EDUCATION. 40185592 1786646 3860749 1373374 44459613 31191328 5284324 4614666 904726 40185592 33863341 1484004 -4156017 31191328 28319316 2710956 3391130 558061 33863341 25352670 703430 3372549 1109333 28319316 0.38815 0.45741 0.15444 0 0 2339849 2339849 21336245 11770024 9566221 11009099 4267515 6741584 18647654 LEASE LIABILITY 905787 905787 X 65817330 1539022 193163 1632831 3365016 62452314 96324 96324 62548638 75520696 193163 1632831 1825994 73694702 96324 96324 73791026 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A)(2) OF THE IRC. THE FOUNDATION IS SUBJECT TO INCOME TAXES ON ANY UNRELATED BUSINESS INCOME ACTIVITIES. MANAGEMENT ANNUALLY REVIEWS ITS TAX POSITIONS AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 1,398,261. RENTAL EXPENSES 189,308. COGS 45,262. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 1,398,261. RENTAL EXPENSES 189,308. COGS 45,262. SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES EDUCATION 15867 0 0 0 0 0 0 15867 0 15867 0 0 0 0 0 0 X X X X X X X 1 THE AVALON CONSULTING GROUP PO BOX 77818 WASHINGTON DC 20013 CONSULTS ON DIRECT MAIL CAMPAIGNS, TELEMARKETING, AND EMAIL 0 2089169 209636 1879533 2089169 209636 1879533 CA CT DC DE FL ID IN IA MD MA MT NY NC NJ NE PA SC SD UT VA VT WA WV WY WOLF TRAP BALL 2166679 1578740 587939 282448 32925 668534 BOURBON AND BUBBLES 331337 281700 49637 39296 5500 163878 2 400478 254716 145762 140677 65007 2898494 2115156 783338 462421 38425 897419 1398265 -614927 1 PROGRAM SERVICE GRANTS 14 52155 N/A N/A CATHERINE FILENE SHOUSE CAREER GRANTS 11 26499 N/A N/A PART I, LINE 2: WOLF TRAP EDUCATION REWARDS TEACHERS, AFFILIATES, AND ORGANIZATIONS WHO CREATE INNOVATIVE NEW PROGRAMS. APPLICANTS ARE REQUIRED TO SUBMIT DOCUMENTATION. WOLF TRAP STAFF MONITORS THE PROGRAM IMPLEMENTATION, OBSERVES THE FINAL PROJECTS, AND COMPLETES AND SUBMITS A REPORT TO FUNDERS. WOLF TRAP OPERA AWARDED CAREER DEVELOPMENT GRANTS TO ELEVEN FILENE YOUNG ARTISTS WITH MONIES PROVIDED BY THE SHOUSE EDUCATION FUND. INDIVIDUAL GRANTS RANGED FROM BETWEEN $1,000 AND $4,000. GRANT RECIPIENTS WERE REQUIRED TO SUBMIT RECEIPTS AND A LETTER INDICATING HOW THE FUNDS WERE USED TO ADVANCE THEIR CAREER IN MUSIC BY JUNE 1, 2024. X 1 1 X X X 0 0 0 0 0 0 0 0 0 ARVIND MANOCHA PRESIDENT AND CEO 605432 0 125000 0 37890 0 17250 0 16663 0 802235 0 0 0 BETH BRUMMEL CHIEF OPERATING OFFICER 320022 0 48000 0 11980 0 12966 0 24096 0 417064 0 0 0 SARA JAFFE VP, DEV & SPECIAL EVENTS 261464 0 30307 0 450 0 13240 0 24096 0 329557 0 0 0 SARA BEESLEY VP, PROGRAM AND PRODUCTION 232891 0 27307 0 270 0 6463 0 24096 0 291027 0 0 0 JOANN LABRECQUE VP, COMMUNICATIONS & MRKTG 200943 0 18307 0 3810 0 7732 0 16663 0 247455 0 0 0 JOHN GIAMBALVO VP, FINANCE 194173 0 16307 0 1290 0 6838 0 24096 0 242704 0 0 0 AKUA KOUYATE VP, EDUCATION 160473 0 13312 0 3810 0 8033 0 16663 0 202291 0 0 0 PART I, LINE 1A ARVIND MANOCHA'S HEALTH DUES ARE INCLUDED IN TAXABLE WAGES (FORM W-2) OF $4,200. PART I, LINE 3 THE PRESIDENT/CEO REVIEWS THE ANNUAL PERFORMANCE AND COMPENSATION OF THE COO AND KEY EMPLOYEES. ADDITIONALLY, A QUALIFIED COMPENSATION CONSULTANT HAS BEEN ENGAGED TO PROVIDE A DETAILED COMPARATIVE ANALYSIS OF COMPENSATION AT SIMILAR ORGANIZATIONS TO SUPPORT THE REASONABLENESS OF TOTAL COMPENSATION PACKAGES. X 76 2791560 PUBLISHED MARKET VALUE 0 0 1 1 PART I, COLUMN (B): THE NUMBER IN COLUMN B REPRESENTS THE NUMBER OF DONORS. PART I, LINE 32B: A THIRD PARTY BROKERAGE FIRM RECEIVES PHYSICAL DELIVERY OF ALL PUBLICLY TRADED SECURITIES INCLUDING STOCKS, BONDS AND MUTUAL FUNDS; THEY PROMPTLY SELL THE CERTIFICATES AND THE PROCEEDS ARE DEPOSITED INTO WOLF TRAP'S OPERATING BANK ACCOUNT. FORM 990, PART VI, SECTION A, LINE 1A THE ORGANIZATION HAS 48 OF THE 49 VOTING MEMBERS INCLUDED ABOVE AS INDEPENDENT. THE EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE THE AUTHORITY OF THE BOARD OF DIRECTORS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE FOLLOWING INDIVIDUALS: A. AS EX OFFICIO MEMBERS, THE CHAIRMAN OF THE BOARD OF DIRECTORS, WHO SHALL SERVE AS THE CHAIR OF THE EXECUTIVE COMMITTEE, THE VICE CHAIR/SECRETARY OF THE BOARD OF DIRECTORS, THE PRESIDENT/CEO, THE TREASURER, AND GENERAL COUNSEL. B. THE CHAIRS OF EACH OF THE STANDING COMMITTEES. C. NO MORE THAN THREE ELECTED DIRECTORS (AT-LARGE MEMBERS) WHO SHALL BE APPOINTED BY THE CHAIR OF THE BOARD OF DIRECTORS, EACH FOR ONE-YEAR TERM. ONCE, IN AT LEAST FOUR MEETINGS, THE EXECUTIVE COMMITTEE SHALL MEET IN EXECUTIVE SESSIONS, WITHOUT THE PRESENCE OF ANY INDIVIDUAL WHO IS NOT A MEMBER OF THE EXECUTIVE COMMITTEE AND WITHOUT THE PRESENCE OF THE PRESIDENT/CEO, BUT WITH THE PRESENCE OF THE GENERAL COUNSEL. FORM 990, PART VI, SECTION B, LINE 11B THE FINAL PREPARATION OF THE 990 IS COMPLETED BY WOLF TRAP'S AUDIT FIRM AND REVIEWED BY WOLF TRAP'S VP, FINANCE. THE 990 IS THEN REVIEWED BY WOLF TRAP'S PRESIDENT/CEO AND THE CHAIR OF THE AUDIT COMMITTEE. SUBSEQUENT TO THIS REVIEW, A COPY OF THE FINAL DRAFT IS MADE AVAILABLE TO THE FULL BOARD BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 11B THE FINAL PREPARATION OF THE 990 IS COMPLETED BY WOLF TRAP'S AUDIT FIRM AND REVIEWED BY WOLF TRAP'S VICE PRESIDENT, FINANCE. THE 990 IS THEN REVIEWED BY WOLF TRAP'S PRESIDENT/CEO AND THE CHAIR OF THE AUDIT COMMITTEE. SUBSEQUENT TO THIS REVIEW, A COPY OF THE FINAL DRAFT IS MADE AVAILABLE TO THE FULL BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C PERSONS COVERED UNDER CONFLICT OF INTEREST POLICY INCLUDE ALL OFFICERS, DIRECTORS, AND EMPLOYEES. ONCE PER YEAR, OR AT TIME OF HIRE, EMPLOYEES ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY AND DISCLOSE ANY CONFLICTS. AT THE MAY BOARD MEETING, ALL BOARD MEMBERS ARE REQUIRED TO SIGN THE SAME POLICY AND DISCLOSE ANY CONFLICTS. THE EXECUTIVE OFFICE OF THE FOUNDATION MONITORS AND ENFORCES BOARD RESPONSES AND THE HR DEPARTMENT MONITORS AND ENFORCES ALL EMPLOYEE RESPONSES. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT/CEO'S COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTEE OF THE FOUNDATION BASED ON AN ANNUAL PERFORMANCE REVIEW OF HIS ACCOMPLISHMENTS, GOALS AND OBJECTIVES. ADDITIONALLY, A QUALIFIED INDEPENDENT COMPENSATION CONSULTANT WAS ENGAGED TO PROVIDE A DETAILED COMPARATIVE ANALYSIS OF OTHER CEO COMPENSATION AT SIMILAR ORGANIZATIONS TO THE SUPPORT THE REASONABLENESS OF HIS TOTAL COMPENSATION PACKAGE. THE PROCESS WAS DOCUMENTED IN CONTEMPORANEOUS WRITTEN MINUTES DETAILING THE ANALYSIS AND BASIS FOR THE COMPENSATION DETERMINATION. THIS PROCESS RECENTLY TOOK PLACE IN 2024. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G CONSTRUCTION: PROGRAM SERVICE EXPENSES 16,707,301. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,707,301. PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 3,336,794. MANAGEMENT AND GENERAL EXPENSES 237,848. FUNDRAISING EXPENSES 278,163. TOTAL EXPENSES 3,852,805. MAILHOUSE/LIST/MEDIA SERVICES: PROGRAM SERVICE EXPENSES 152,179. MANAGEMENT AND GENERAL EXPENSES 14,000. FUNDRAISING EXPENSES 13,997. TOTAL EXPENSES 180,176.