2026-02-02T17:23:31-06:00 2025-06-30 991856619 GRANT THORNTON ADVISORS LLC 757 THIRD AVENUE 9TH FLOOR NEW YORK NY 100172013 990 2024-07-01 825325604 BRUCE SPRINGSTEEN ARCHIVES AND CENTER FOR AMERICAN MUSIC CORPORATION BRUC 7325713407 400 CEDAR AVENUE WEST LONG BRANCH NJ 07764 PATRICK F LEAHY CHAIRPERSON/DIRECTOR 7325713407 2026-02-02 1 1 DANIEL ROMANO P00504182 2125990100 2024 2025-03-06 01:10:19Z BRUCE SPRINGSTEEN CENTER FOR AMERICAN MUSIC ROBERT SANTELLI 400 CEDAR AVENUE WEST LONG BRANCH NJ 07764 4861252 0 X WWW.SPRINGSTEENARCHIVES.ORG X 2017 NJ THE CENTER PRESERVES THE LEGACY OF BRUCE SPRINGSTEEN AND CELEBRATES THE HISTORY (CONT. IN SCH. O) OF AMERICAN MUSIC AND ITS DIVERSITY OF ARTISTS AND GENRES. 15 14 18 14 0 0 1867156 4128435 230730 192171 258746 210529 56098 78264 2412730 4609399 1500 680675 0 0 787037 942537 43000 0 686885 754666 924646 1586203 2547858 826527 2061541 13193981 15824457 982288 1559748 12211693 14264709 X SEE SCHEDULE OTHE BRUCE SPRINGSTEEN ARCHIVES AND CENTER FOR AMERICAN MUSIC CORPORATION (THE "CENTER") WAS ORGANIZED ON NOVEMBER 27, 2017, AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES TO SUPPORT THE ACTIVITIES OF MONMOUTH UNIVERSITY (THE "UNIVERSITY"), AN EDUCATIONAL INSTITUTION THAT IS TAX EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986. THE CENTER SHALL BE RESPONSIBLE FOR ARCHIVING TO PRESERVE AND PROMOTE THE LEGACY OF BRUCE SPRINGSTEEN AND HIS ROLE IN THE HISTORY OF AMERICAN MUSIC AS WELL AS OTHER FIGURES RELATING TO AMERICAN MUSIC THE AFFILIATE MAY HEREAFTER ACQUIRE OR GAIN ACCESS TO. THE CENTER WILL SEEK TO CREATE ACADEMIC, PERFORMANCE AND EXHIBIT SPACES, ENABLING THE CENTER TO BECOME A MAJOR INTERNATIONAL SCHOLARLY RESOURCE FOR ACADEMIC RESEARCHERS AND MUSIC HISTORIANS. 0 0 1483576 680675 275921 EDUCATIONTHE CENTER WILL CREATE A MUSICAL ARTS CENTER ON BEHALF OF MONMOUTH UNIVERSITY WHICH WILL HOUSE AN EXPANSIVE ARCHIVE TO PRESERVE AND PROMOTE THE LEGACY OF BRUCE SPRINGSTEEN AND HIS ROLE IN THE HISTORY OF AMERICAN MUSIC. DURING 2025, THE UNIVERSITY BEGAN THE CONSTRUCTION OF THE FACILITY THAT WILL HOUSE THE OPERATIONS OF THE CENTER. THIS PROJECT IS REFLECTED IN CONSTRUCTION IN PROGRESS ON THE UNIVERSITY'S FINANCIAL STATEMENTS AND IS EXPECTED TO BE COMPLETED IN SPRING 2026. (CONTINUED ON SCHEDULE O)THE CENTER WILL HOUSE BOTH THE UNIVERSITY'S AND BRUCE SPRINGSTEEN'S COLLECTIONS, CREATING AN OPEN AND INVITING EXHIBITION SPACE TO PERMANENTLY SHOWCASE SUCH COLLECTIONS AS WELL AS OTHER COLLECTIONS RELATING TO AMERICAN MUSIC, AND CREATING ACADEMIC, PERFORMANCE AND EXHIBIT SPACE ENABLING THE SPRINGSTEEN CENTER TO BECOME A MAJOR INTERNATIONAL SCHOLARLY RESOURCE FOR ACADEMIC RESEARCHERS AND MUSIC HISTORIANS. THE CENTER CONDUCTED PROGRAM ACTIVITIES INCLUDING TRAVELING EXHIBITS AND EDUCATIONAL SYMPOSIUMS DURING THE FYE 6/30/25. 1483576 1 1 0 0 0 0 0 1 0 0 1 0 0 1 1 1 1 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 X 28 0 1 18 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 14 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AL AR CA FL GA HI IL KS KY MA MD MI MN MS NC ND NH NJ NM NY OK OR PA RI SC TN VA WI WV X MARY BYRNE 7325713407 400 CEDAR AVENUE WEST LONG BRANCH NJ 077641898 X PATRICK F LEAHY - CHAIRPERSON DIRECTOR-BSACAM; PRESIDENT-MU 7.00 63.00 X X 0 943171 212454 JON LANDAU VICE CHAIRPERSON/DIRECTOR 2.00 0.00 X X 0 0 0 BARRY ROSENSTEIN TREASURER/DIRECTOR 2.00 0.00 X X 0 0 0 HENRY D MERCER III ASST. TREASURER/DIRECTOR 2.00 0.00 X X 0 0 0 GREY J DIMENNA DIRECTOR 1.00 0.00 X 0 0 0 DON FRIEDMAN DIRECTOR 1.00 0.00 X 0 0 0 LISA MCKEAN DIRECTOR 1.00 2.00 X 0 0 0 MICHAEL A PLODWICK DIRECTOR 1.00 0.00 X 0 0 0 ANN UNTERBERG DIRECTOR 1.00 0.00 X 0 0 0 MARILYN LAVERTY DIRECTOR 1.00 0.00 X 0 0 0 NWAKA ONWUSA DIRECTOR 1.00 0.00 X 0 0 0 ELLIOTT GROFFMAN DIRECTOR 1.00 0.00 X 0 0 0 LESLIE N HITCHNER DIRECTOR 1.00 5.00 X 0 0 0 JEANA PISCATELLI DIRECTOR 1.00 0.00 X 0 0 0 BRIAN SAMELSON DIRECTOR 1.00 0.00 X 0 0 0 CHARLENE K DIANA SECRETARY-BSACAM; VP/GEN. COUNSEL-MU 5.00 55.00 X 0 299558 60221 ROBERT SANTELLI EXECUTIVE DIRECTOR 55.00 0.00 X 285862 0 1462 EILEEN S CHAPMAN DIRECTOR OF BSACAM 40.00 0.00 X 137475 0 43793 MELISSA ZIOBRO DIRECTOR OF CURATORIAL AFFAIRS 40.00 0.00 X 101760 0 43983 525097 1242729 361913 3 0 1 0 0 906457 3221978 1001009 4128435 PUBLIC PRGM./EXHIBITS 900099 192171 192171 192171 210529 210529 231500 906457 236986 -5486 -5486 98617 14867 83750 83750 4609399 275921 0 205043 X 680675 680675 280011 70003 84003 126005 516185 374393 81362 60430 94829 67652 14627 12550 51512 27580 10882 13050 9470 9470 40575 40575 477145 90914 93918 292313 60180 37455 10571 12154 13896 13896 2426 2426 118748 63603 2239 52906 5566 5566 EQUIPMENT RENTAL 81381 81381 BANK FEES 42306 3874 29414 9018 MUSEUM COLLECTION ITEMS 19835 19835 COMPETITION PRIZE 15000 15000 38118 32592 1814 3712 2547858 1483576 377397 686885 11941651 13414613 1196946 1353859 21200 27550 6355 5163 27829 5566 27829 22263 0 1001009 13193981 15824457 2271 33143 40000 79110 940017 1447495 982288 1559748 X 10895397 11002516 1316296 3262193 12211693 14264709 13193981 15824457 2061541 -8525 0 X 0 1 X 1 0 X X 1 MONMOUTH UNIVERSITY 210634584 2 1 680675 0 1 680675 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 1 27829 5566 22263 22263 INVESTMENT RECEIVABLE 1001009 1001009 DUE TO MONMOUTH UNIVERSITY 1447495 1447495 X 5193564 569298 569298 4624266 -14867 -14867 4609399 3140548 577823 14867 592690 2547858 0 2547858 PART III, LINE 1A: COLLECTIONS ARE NOT CAPITALIZED IN THE SPRINGSTEEN CENTER'S FINANCIAL STATEMENTS. COLLECTIONS ARE HELD FOR PUBLIC EXHIBITION, EDUCATION AND RESEARCH AND WILL BE PROTECTED, KEPT UNENCUMBERED, CARED FOR AND PRESERVED. A POLICY HAS BEEN ADOPTED WHEREBY ANY PROCEEDS FROM THE SALE OR DISPOSAL OF COLLECTION ITEMS CAN BE UTILIZED ONLY FOR ACQUISITION OF NEW COLLECTIONS ITEMS, DIRECT CARE (I.E. CONSERVATION, PRESERVATION, REHOSUING OR STORAGE), PROCESSING AND/OR COLLECTIONS MANAGEMENT. PART III, LINE 4: THE BRUCE SPRINGSTEEN ARCHIVES IS COMPRISED OF NEARLY 48,000 ITEMS FROM 47 COUNTRIES RANGING FROM ARTICLES AND ORAL HISTORIES TO CONCERT MEMORABILIA, AND PROMOTIONAL MATERIALS. THE COLLECTION SERVES THE RESEARCH AND INFORMATIONAL NEEDS OF MUSIC FANS, SCHOLARS, AUTHORS, AND OTHERS WITH A SERIOUS INTEREST IN THE LIFE AND CAREER OF BRUCE SPRINGSTEEN. PART X, LINE 2: THE SPRINGSTEEN CENTER IS AN ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND, THEREFORE, IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTIONS 501(C)(3) AND 509(A) OF THE CODE ON INCOME GENERATED BY ACTIVITIES THAT ARE SUBSTANTIALLY RELATED TO ITS TAX-EXEMPT PURPOSES. THERE ARE CERTAIN TRANSACTIONS THAT COULD BE DEEMED UNRELATED BUSINESS INCOME AND COULD RESULT IN A TAX LIABILITY. MANAGEMENT REVIEWS TRANSACTIONS TO ESTIMATE POTENTIAL TAX LIABILITIES USING A MORE-LIKELY THAN-NOT THRESHOLD. IT IS MANAGEMENT'S ESTIMATION THAT THERE ARE NO MATERIAL TAX LIABILITIES THAT NEED TO BE RECORDED. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD RECLASSED TO PART VIII, LINE 10B -14,867. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD RECLASSED TO PART VIII, LINE 10B 14,867. AMERICAN MUSIC HONORS 1137957 906457 231500 4400 118823 109175 4588 1137957 906457 231500 4400 118823 109175 4588 236986 -5486 1 MONMOUTH UNIVERSTIY 400 CEDAR AVENUE WEST LONG BRANCH NJ 07764 210634584 501(C)(3) 680675 0 CONSTRUCTION OF FACILITY 1 PART I, LINE 2: THE CENTER IS A SUPPORTING ORGANIZATION OF MONMOUTH UNIVERSITY. FUNDS RAISED BY THE CENTER THAT ARE RESTRICTED FOR CONSTRUCTION OF THE MUSICAL ARTS CENTER ARE GRANTED TO THE UNIVERSITY. THE UNIVERSITY OVERSEES THE CONSTRUCTION OF THE FACILITY, WHICH IS SCHEDULED TO OPEN IN JUNE OF 2026. X X 1 1 X X X 0 1 0 0 0 0 0 0 0 PATRICK F LEAHY - CHAIRPERSON DIRECTOR-BSACAM; PRESIDENT-MU 0 632715 0 300000 0 10456 0 27600 0 184854 0 1155625 0 0 CHARLENE K DIANA SECRETARY-BSACAM; VP/GEN. COUNSEL-MU 0 298499 0 0 0 1059 0 24098 0 36123 0 359779 0 0 ROBERT SANTELLI EXECUTIVE DIRECTOR 249098 0 0 0 36764 0 0 0 1462 0 287324 0 0 0 EILEEN S CHAPMAN DIRECTOR OF BSACAM 130520 0 0 0 6955 0 10988 0 32805 0 181268 0 0 0 PART I, LINE 1A ROBERT SANTELLI, EXECUTIVE DIRECTOR OF THE CENTER, RECEIVED TAX GROSS-UP PAYMENTS RELATED TO OCCUPANCY OF A UNIVERSITY-OWNED RESIDENCE WHICH WERE INCLUDED IN HIS REPORTABLE COMPENSATION, THE PAYMENT ALSO INCLUDED THE AMOUNT OF TAX ALLOCABLE TO THOSE WAGES. THIS AMOUNT IS REPORTED IN PART VII, COLUMN D AS "OTHER REPORTABLE COMPENSATION". PART I, LINE 4B DURING THE YEAR, PATRICK F. LEAHY, CHAIRPERSON/DIRECTOR OF BSACAM AND PRESIDENT OF MONMOUTH UNIVERSITY, PARTICIPATED IN A SUPPLEMENTAL 457(F) NONQUALIFIED RETIREMENT PLAN WITH THE ORGANIZATION'S PARENT ENTITY, MONMOUTH UNIVERSITY. UNDER THE AGREEMENT, SCHEDULED ANNUAL CONTRIBUTIONS WILL BE MADE BY THE UNIVERSITY BEGINNING IN JUNE 2025 THROUGH JUNE 2029. AMOUNTS CONTRIBUTED PLUS APPLICABLE INVESTMENT EARNINGS WILL BE SUBJECT TO FORFEITURE UNTIL VESTING BEGINS IN 2027, CONTINGENT ON CONTINUOUS EMPLOYMENT THROUGHOUT THE PERIOD. AMOUNTS CONTRIBUTED AFTER JUNE 30, 2027 WILL VEST FULLY ON JUNE 30, 2029. X 1 1001009 FMV 0 1 1 PART I, LINE 32B: THE CENTER USES A STOCKBROKER TO SELL GIFTS OF SECURITIES. FORM 990, PART V, LINE 2A: THE CENTER DOES NOT HAVE ITS OWN EMPLOYEES OR ITS OWN PAYROLL. ALL EMPLOYEES PROVIDING SERVICES TO THE ORGANIZATION RECEIVE THEIR W-2S FROM A RELATED ORGANIZATION AND COMMON PAYROLL AGENT, MONMOUTH UNIVERSITY INC. THE ORGANIZATION IS REPORTING ON THIS LINE THE NUMBER OF ITS EMPLOYEES REPORTED ON A FORM W-3, WHICH ARE REPORTED BY MONMOUTH UNIVERSITY INC. FORM 990, PART VI, SECTION A, LINE 1A ROBERT SANTELLI, EXECUTIVE DIRECTOR, IS A NON-VOTING MEMBER OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 2 JEANA PISCATELLI, LESLIE HITCHNER, LISA MCKEAN AND MICHAEL A. PLODWICK ARE TRUSTEES OF MONMOUTH UNIVERSITY. GREY J. DIMENNA IS A FORMER PRESIDENT AND TRUSTEE OF MONMOUTH UNIVERSITY. ROBERT SANTELLI, PATRICK F. LEAHY, CHARLENE K. DIANA,EILEEN S. CHAPMAN AND MELISSA ZIOBRO ARE EMPLOYEES OF MONMOUTH UNIVERSITY. JON LANDAU, MARILYN LAVERTY AND DON FRIEDMAN HAVE A BUSINESS RELATIONSHIP WITH BRUCE SPRINGSTEEN. FORM 990, PART VI, SECTION A, LINE 6 THE UNIVERSITY (THE "MEMBER") SHALL BE THE SOLE CORPORATE MEMBER OF THE CENTER AS LONG AS THE UNIVERSITY IS AN ORGANIZATION DESCRIBED IN SECTIONS 501(C)(3) AND 509(A) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. FORM 990, PART VI, SECTION A, LINE 7A THE BUSINESS AND AFFAIRS OF THE CENTER SHALL BE MANAGED BY OR UNDER THE DIRECTION OF ITS BOARD OF DIRECTORS. THE NUMBER OF DIRECTORS CONSTITUTING THE ENTIRE BOARD OF DIRECTORS SHALL BE FIFTEEN (15), COMPRISED OF THE FOLLOWING: THE PRESIDENT OF MONMOUTH, APPOINTED EX OFFICIO; SEVEN (7) MEMBERS NOMINATED BY THE MEMBER'S BOARD OF TRUSTEES (THE "MEMBER" NOMINEES"); FOUR (4) MEMBERS NOMINATED BY BRUCE SPRINGSTEEN ("SPRINGSTEEN") OR HIS DESIGNEE (THE "SPRINGSTEEN NOMINEES") AND THREE (3) MEMBERS NOMINATED BY A MAJORITY OF THE EX OFFICIO DIRECTORS, THE MEMBER NOMINEES AND THE SPRINGSTEEN NOMINEES (THE "OUTSIDE NOMINEES"). THE EXECUTIVE DIRECTOR OF THE CENTER SHALL BE AN EX OFFICIO, NONVOTING MEMBER OF THE BOARD. DIRECTORS OTHER THAN THOSE WHO ARE APPOINTED EX OFFICIO SHALL SERVE STAGGERED TERMS. UP TO FIVE OF THOSE DIRECTORS APPOINTED IN THE FIRST YEAR (ONLY ONE OF WHICH MAY BE A SPRINGSTEEN NOMINEE) SHALL BE APPOINTED TO A TERM OF ONE YEAR. AS USED IN THIS ARTICLE, "ENTIRE BOARD OF DIRECTORS" MEANS THE TOTAL NUMBER OF DIRECTORS ENTITLED TO VOTE WHICH THE CENTER WOULD HAVE IF THERE WERE NO VACANCIES. AT EACH OF ITS ANNUAL MEETINGS IN JUNE, THE MEMBER SHALL APPROVE THE SLATE OF NOMINEES PROVIDED UNDER SECTION 3.02(A), WHICH DIRECTORS SHALL HOLD OFFICE FOR TWO YEAR TERMS WHICH ARE RENEWABLE. EX OFFICIO DIRECTORS SERVE BY VIRTUE OF THEIR OFFICE WITHOUT THE NEED FOR SEPARATE ELECTION. IF ANY OF THE SPRINGSTEEN OR OUTSIDE NOMINEES SHALL BE REJECTED BY THE MEMBER, A NEW NOMINEE(S) SHALL BE SOUGHT FROM THE PARTY MAKING THE REJECTED NOMINATION. EACH DIRECTOR SHALL HAVE ONE VOTE. DIRECTORS SHALL NOT VOTE BY PROXY. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF FORM 990 IS SENT VIA EMAIL TO ALL DIRECTORS AND OFFICERS FOR REVIEW AND COMMENT. ALL DIRECTORS AND OFFICERS RECEIVE AN EMAILED COPY OF THE FINAL VERSION OF FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CENTER HAS A PROVISION IN ITS BYLAWS WHICH DEALS WITH CONFLICTS OF INTEREST. DIRECTORS AND OFFICERS COMPLETE AN ANNUAL DISCLOSURE STATEMENT SETTING FORTH THEIR BUSINESS AND OTHER INTERESTS. A DIRECTOR OR OFFICER WHO LEARNS ABOUT A POTENTIAL CONFLICT OF INTEREST SHOULD DISCLOSE PROMPTLY TO THE SECRETARY OF THE CENTER. THE BOARD SHALL REVIEW THE MATERIAL FACTS SURROUNDING ANY POTENTIAL CONFLICTS AND APPROVE ONLY THOSE CONTRACTS AND TRANSACTIONS IN WHICH THE TERMS ARE IN THE BEST INTERESTS OF THE CENTER AND ON A FAIR MARKET VALUE BASIS. THE BOARD SHALL SET FORTH THE BASIS FOR ITS DECISION WITH RESPECT TO APPROVAL OF CONTRACTS OR TRANSACTIONS INVOLVING CONFLICTS OF INTEREST IN THE MINUTES OF THE MEETING AT WHICH THE DECISION IS MADE. A DETAILED CONFLICT OF INTEREST POLICY WAS ADOPTED BY THE BOARD AT ITS SEPTEMBER 2019 MEETING. FORM 990, PART VI, SECTION B, LINE 15A THE CENTER DOES NOT HAVE ITS OWN EMPLOYEES OR ITS OWN PAYROLL. ALL EMPLOYEES PROVIDING SERVICES TO SPRINGSTEEN CENTER RECEIVE THEIR W-2S FROM A RELATED ORGANIZATION, MONMOUTH UNIVERSITY ("THE UNIVERSITY"). NO DIRECTORS OR OFFICERS RECEIVE A DIRECT SALARY FROM THE CENTER. THE PROCESS FOR DETERMINING COMPENSATION FOR THE EXECUTIVE DIRECTOR OF THE CENTER, ROBERT SANTELLI, INCLUDED OBTAINING COMPARABLE COMPENSATION DATA PROVIDED BY AN INDEPENDENT OUTSIDE CONSULTANT. THE VICE PRESIDENT AND GENERAL COUNSEL AND PRESIDENT OF THE UNIVERSITY REVIEWED COMPARABLE DATA PROVIDED BY THE INDEPENDENT CONSULTANT AND MADE RECOMMENDATIONS TO THE FULL BOARD OF DIRECTORS AS TO THE COMPENSATON FOR THE EXECUTIVE DIRECTOR. THE PROCESS FOR DETERMINING COMPENSATION FOR THE PRESIDENT OF THE UNIVERSITY, PATRICK F. LEAHY, IS SET FORTH IN THE UNIVERSITY'S EXECUTIVE COMPENSATION POLICY AND THE MONMOUTH UNIVERSITY COMPENSATION COMMITTEE DOCUMENT ENTITLED "RESPONSIBILITIES OF THE COMMITTEE AND MEMBERS OF THE COMMITTEE". PURSUANT TO THAT POLICY, THE UNIVERSITY BOARD'S COMPENSATION COMMITTEE (ALL OF WHOM ARE INDEPENDENT) AND THE VICE PRESIDENT AND GENERAL COUNSEL, REVIEW COMPARABLE COMPENSATION DATA PROVIDED BY AN INDEPENDENT OUTSIDE CONSULTANT AND MAKE COMPENSATION RECOMMENDATIONS TO THE FULL BOARD OF TRUSTEES AS TO THE COMPENSATION FOR THE PRESIDENT OF THE UNIVERSITY. MINUTES OF BOTH THE COMPENSATION COMMITTEE AND THE BOARD OF TRUSTEES MEETINGS CONCERNING SUCH ACTIONS ARE REVIEWED AND APPROVED BY BOTH BODIES. FORM 990, PART VI, SECTION C, LINE 19 THE CENTER CURRENTLY DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. IRS FORM 990 IS AVAILABLE UPON REQUEST. FORM 990, PART VII: EXECUTIVE DIRECTOR, ROBERT SANTELLI AND DIRECTOR, EILEEN S. CHAPMAN, AND MELISSA ZIOBRO ARE EMPLOYEES OF MONMOUTH UNIVERSITY WHO ALSO PROVIDED SERVICES TO THE SPRINGSTEEN CENTER FOR WHICH THE CENTER REIMBURSED MONMOUTH UNIVERSITY. THESE INDIVIDUALS RECEIVED A W-2 FROM MONMOUTH UNIVERSITY. THE PORTION OF THEIR SALARIES THAT IS CHARGED TO SPRINGSTEEN CENTER AND REIMBURSED BY THE CENTER IS BEING REPORTED ON FORM 990 PART VII, SECTION A, COLUMN (D) AND (F). FORM 990, PART IX, LINE 5 & 7: THE CENTER DOES NOT HAVE ITS OWN EMPLOYEES OR ITS OWN PAYROLL. ALL EMPLOYEES PROVIDING SERVICES TO THE ORGANIZATION RECEIVE THEIR W-2S FROM A RELATED ORGANIZATION, MONMOUTH UNIVERSITY INC. EXPENDITURES REPORTED ON PART IX, LINES 5 & 7 REPRESENT THE PORTION OF SALARY EXPENDITURES ALLOCATED TO THE CENTER. THE CENTER REIMBURSES MONMOUTH UNIVERSITY INC FOR EXPENSES PAID BY MONMOUTH BUT ALLOCATED TO THE CENTER. ANY REQUIRED REPORTING OF FORMS W-2 OR 1099 ARE HANDLED BY MONMOUTH AS THE PAYING AGENT FOR SUCH TRANSACTIONS. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 4,250. MANAGEMENT AND GENERAL EXPENSES 80,150. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 84,400. CHARITIES REGISTRATION FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 10,800. TOTAL EXPENSES 10,800. EVENT CATERING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 116,428. TOTAL EXPENSES 116,428. EVENT FILMING: PROGRAM SERVICE EXPENSES 15,684. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 34,500. TOTAL EXPENSES 50,184. GRAPHIC/WEB DESIGN: PROGRAM SERVICE EXPENSES 33,850. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,850. SOUND PRODUCTION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 30,250. TOTAL EXPENSES 30,250. EXHIBIT DESIGN: PROGRAM SERVICE EXPENSES 13,770. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,770. PARKING AND SECURITY: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 19,433. TOTAL EXPENSES 19,433. EVENT AUCTION FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 51,043. TOTAL EXPENSES 51,043. OTHER SERVICES: PROGRAM SERVICE EXPENSES 23,360. MANAGEMENT AND GENERAL EXPENSES 13,768. FUNDRAISING EXPENSES 29,859. TOTAL EXPENSES 66,987. MONMOUTH UNIVERSITY INC 400 CEDAR AVENUE WEST LONG BRANCH NJ 07764 210634584 EDUCATION NJ 501(C)(3) LINE 2 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0