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Form 990 OMS No. 1545-0047

Return of Organization Exempt From income Tax


Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
2014
Department of the Treasury
ln:emal Revenue Service
~ Do not enter social security numbers on this fonn as it may be made public.
... Information about Fonn 990 and its instructions is at www.frs.gov/fonn990.
~to
~~~
a..-- j
A For the 2014 calendar year, or tax year beginning , 2014, and ending
B ~k If applicable: c D Employer idantifoa:tion number

Address chanoe Carmel Art Association 94-1012517


r- P.O. Box 2271 E Telephone number
r- Name change
Initial re:urn Carmel, CA 93921 831-624-6176
r- F"uul mum/lenn!nmd
r-
r- Amended rerum G Gross receipts$ 1, 243,360 .
...._ Application pending F Name and address of principal olftcer: H(a) Is lhis a group return for subordinates? CJYos ~N
Same As C Above H(b) Ase all subordinates included? Yos N:
..,..---::----:-:-:----'-T;.;r:::::=-,-7';=:=---T---r::::7:'-:'--=:-----:--::-:::---:--:---r-o..,...,-;:,.,...,.~--.-~:::::--l If 'No; attach a list. (see instructions)
I Tax-exempt status IXI501(cX3) I l501(c) ( ) ... (insert no.) I l4947(aX1) or I 1527
J Website: .. N/A H(c) G1oup exemplion number .,..

K Form of organization: I ICorporation I I TrU5! I I Association I I Other lo -~ L Year of formation: IM State of legal domicile:
IPart I I Summary
1 Briefly describe the organization's mission or most significant activities:

z CheCk !hiS 'bo-; ;: -[Jlfthe "Organization 'disconlinutKI Ttso"Perations Oi disposed-otmore-than25% of its


netassets~-- - - - - - - -
3 Number of voting members of the governing body (Part VI, line 1a)... ·~· . . ·~·c l\} ~ 1. i.. .. .. .. . . 3 15
4 Number of independent voting members of the governing body (Part V \2P~·I· !-~.......... 4 0
5 Total number of individuals employed in calendar year 2014 (Part V ~WA .v·~~~'=? 1.'~. 0.~0~. . . . . . . 5 6
6 Total number of volunteers (estimate if necessary)......................... ·.··.· .... .······.. ···
6 0
7a Total unrelated business revenue from Part VIII, column (C), line 12..... ·MA't. 0.1- 2015 ........ .... 7a 0,
b Net unrelated business taxable income from Form 990-T, line 34. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7b 0.
~egiSUyTu .-;.• Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) .......................... .Charita\?\~ .. ~~ 14 923. 4 7, 845.
9 Program service revenue (Part VIII, line 2g}............ . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 0, 57 9. 4 7, 635.
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d)......................... 154. 1 386.
11 Otherrevenue(PartVIII,column(A),Iines5,6cl,8c,9c,l0c,and11e)................ 346 802. 437 285.
12 Total revenue- add lines 8 through 11 (musl equal Part VIII, column (A), line 12)...... 402, 458. 534, 151.
13 Grants and similar amounts paid (Part IX, column (A), lines 1·3) ..................... .
14 Benefits paid to or for members (Part IX, column (A), line 4) ......................... . r------------4--------------
~----~~~~------~------
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5-10)...... 208, 838. 253 027
~ r-----~~~~+-----~~·~~·
! 16a Professional fundraising fees (Part IX, column (A), line lle) .......................... 1 - - - - - - - - - - - l - - - - - - - - - ,
:g_ b Total fundraising expenses (Part IX, column (D), line 25) .,.. I
~
17 other expenses (Part IX, column (A), lines 11 a-11 d, 11f·24e) ......................... I------1=3..:::8".L..:.:. .4~4~3~ . .J--------!1:.:5::.:2::.L..:8~7~9...:.....
18 Total expenses. Add lines 13-17 (must equal Part IX, column (A), line 25).............. 1------....:3=-=4-=7~ .2:...:8:-:1~
. .J--------=4:.:0::...::5:::.L..:9~0~6...!.....
19 Revenue less expenses. Subtract line 18 from line 12. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55. 177 . 12 8, 2 45.
:i Beginning of Current Year End of Year
J;g 20 Total assets (Part X. line 16) ...................................................... 1------7.:...;:6...:,7~ .4~6~3~.-1------......::.9~0~5~··~5=.:3~6...:.....
;§ 21 Total liabilities (Part X, line 26) .................................................... l-------=1::..4.=.t..5:::...;.7.::::3...:.·+----~2:..:4:..~'-':....:4~0~1=...!.....
z ... 22 Netassetsorfundbalances.Subtraclline2lfromline20............................ 752 890. 881,135.
IPart II j Signature Block
Under penaltia of pe~ury, l declare !hat I have elGlmined this nm.n, including acc:ornpanyi"!! schedules and st3temcmts, and to the best of my knowledge and belief, it is true. ccrrKI. and
oomplete. Declaration of preparer (other than officer) is based on all informalion of whtch prep2ler has any knowledge.

1/- /-_7'•. '-"/ I 5'...-y. / 5"'


~ Signatur' of off~eer Date
Sign
Here ~ Type
Monica Ehrlich General Manager
ot pnnt name atid mle.

Print/Type preparer's name IPreparer's


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s~r~
A
:#~//
i

IDate Check ~ it IPTIN

Paid David G. Huey David 'G. Huev ' V / 4/23/15 self-employed P00079054
/
Preparer FUmrs name .. Bianchi Kasavan & Pooe • LLP
Use Only Firm's address .. 1000 Munras Ave Ste 200 Firm's EIN P. 94-1541507
Monterev CA 93940 Phone no. (831) 373-1697
May the IRS discuss this return with the preparer shown above? (see instructions) ...................................... lXJ Yes I
J No
BAA
.
For Paperwori< Reduction Act Notice, see the separate Instructions. TEEAOl13l 05128/14 Form 990 (2014)
Form 990 (2014) Carmel Art Association 94-1012517 Page 2
IPart Ill ] Statement of Program Service Accomplishments
Check if Schedule 0 contains a response or note to any line in this Part Ill ................................................ .
Briefly describe the organization's mission:

~~~mp~~1Q~1-~!~~E-------------------------------------------------

2 Did the organization undertake any significant program services during the year which were not listed on the prior
Form 990 or 990-EZ?.... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 Yes ~ No
If 'Yes,' describe these new services on Schedule 0.
3 Did the organization cease conducting, or make significant changes in how it conducts, any program services?..... 0 Yes ~ No
If 'Yes,' describe these changes on Schedule 0.
4 Describe the organization's program service accomplishments for eadl of its three largest program services, as measured by expenses.
Section 501 (c)(3) and 501 (c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses,
and revenue, if any, for each program service reported.

4a (Code: ) (Expenses $ 318, 270, including grants of $ ) (Revenue $ )


.!'!!~ ~~~mp~ .PlJ-£12..02~ _o_!_~h~_O_r_g~I!_i~~t:_ip!!_i2_~o_ ~Jg)E-!!C! 52~!!i_ty _a_WE-~~n~~~.P! _tE.~ _wp!_k_s__
E~~E£~~~~t~~~~~~-~~p~~mE~~~~r~£~!!~~~~~~~E~~t~~~E£~5~~t~~~l!!~D~-----­
~2~t~£ey_~~-¥~E--~~~~~~~rE!~-----------------------------------------

4b (Code: ) (Expenses $ including grants of $ ) (Revenue $


------- -------------- --------------- ---------------

$ $
4c (Code:
-------- ) (Expenses ---------------
including grants of $
---------------
) (Revenue
---------------- )

4 d Other program services. (Describe in Schedule 0.)


(Expenses $ including grants of $ ) (Revenue $ )
4 e Total program service expenses 318,270.
BAA TEEAOI02L 05121111 ~ Form 990 (2014)
Form 990 (2014) Carmel Art Association 94-1012517 Page 3
... 1Part IV 1 Checklist of Required Schedules
Yes No
1 Is the organization described in section 50l(c)(3) or 4947(a)(1) (other than a private foundation)? If 'Yes,· complete
Schedule A ................................................................................................... 1 X
2 Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)?...................... 2 X
3 Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates
for public office? If 'Yes,' complete Schedule C, Part I ............................................................. 3 X
4 Section 501(cX3) organizations. Did the organization engaCe in lobbying activities, or have a section 501 (h) election
in effect dunng the tax year? If 'Yes,· complete Schedule , Parlll ................................................. 4 X
5 Is the organization a section 501 (c)(4), 501 (c)(5), or 501 (~(6) organization that receives members~ dues,
assessments, or similar amounts as defined in Revenue rocedure 98- 19? If 'Yes,' complete Sche ule C, Part 111 ....... 5 X

6 Did the organization maintain an~ donor advised funds or an& similar funds or accounts for which donors have the right
to provide advice on the distribu ion or investment of amoun sin such funds or accounts? If 'Yes,' complete Schedule D,
Part I ......................................................................................................... 6 X
7 Did the organization receive or hold a conservation easement, including easements to preserve open space, the
environment, historic land areas, or historic structures? If 'Yes,· complete ScheduleD, Part ll ......................... 7 X
8
~~~~l~t~r~~~~~~fen0~~~~~71 ~~~~~~~i-~~~ ~:-~~~-~f.~~: -~i~~~r-i~~~ ~~e~~~~~~·- ~~ -~t~~~ -~i~i-1~~ ~-s·s-~~:. ~~ :~~~·.' ........... 8 X
9 Did the or~anization report an amount in Part X, line 21, for escrow or custodial account liability; serve as a custodian
for amoun s not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation
services? If 'Yes,' complete ScheduleD, Part IV . ................................................................. 9 X
10 Did the or~anization, directly or t~rou~h a relat~d o~gani~ation, hold assets in temporarily restricted endowments,
permanen endowments, or quas1-en owments. If Yes, complete ScheduleD, Part V................................ 10 X
..
11 If the organization's answer to any of the following questions is 'Yes', then complete ScheduleD, Parts VI, VII, VIII, IX, 7~-
or X as applicable. ·-
I
a Did the organization report an amount for land, buildings and equipment in Part X, line 10? If 'Yes,' complete Schedule
D, Part VI ..................................................................................................... 11 a X
b Did the organization report an amount for investments- other securities in Part X, line 12 that is 5% or more of its total
assets reported in Part X, line 16? If 'Yes,' complete ScheduleD, Part VII ........................................... 11 b X
c Did the organization report an amount for investments- program related in Part X, line 13 that is 5% or more of its total
assets reported in Part X, line 16? If 'Yes,· complete Schedule 0, Part Vlll .......................................... 11 c X
d Did the organization r~rt an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported
in Part X, line 16? If' es,' complete ScheduleD, Part IX .......................................................... 11 d X
e Did the organization report an amount for other liabilities in Part X, line 25? If 'Yes,· complete ScheduleD, Part X ....... 11 e X
f Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses
the organization's liability for uncertain tax positions under FIN 48 (ASC 740)? If 'Yes,· complete ScheduleD, Part X ..... 11f X

12a g~h~~uJ:~n)faa~~1f.b~~~ }~~~:~~~·. ~~~~~~~-e-~t- ~~~~t~·d· ~i~~-~~~~~ ~~~~~~-e-~t~- ~r- ~~~ ~~~ -~~~~~ .~:.-:~~:: ~~~~~~t~- ...... 12a X
b Was the organization included in consolidated, independent audited financial statements for the tax year? If 'Yes,' and
if the organization answered 'No' to line 12a, then completing Schedule D, Parts XI and XII is optional. ................. 12b X
13 Is the organization a school described in section 170(b)(1)(A)(ii)? If 'Yes,' complete Schedule E. ....................... 13 X
14a Did the organization maintain an office, employees, or agents outside of the United States? ........................... 14a X
b Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, tundraising,
business, investment, and program service activities outside the United States, or aggregate foreign investments valued
at $100,000 or more? If 'Yes,' complete Schedule F, Parts I and IV. ................................................. 14b X
15 Did the organization report on Part IX, column (A), tine 3, more than $5,000 of grants or other assistance to or for any
foreign organization? If 'Yes,' complete Schedule F, Parts II and IV................................................. 15 X
16 Did the or9anization rersort on Part IX, column (A), tine 3, more than $5,000 of aggregate grants or other assistance to
or for fore1gn individua s? If 'Yes,· complete Schedule F, Parts Ill and IV. ............................................ 16 X
17 Did the organization r1ort a total of more than $15,000 of exp_;nses for professional fundraising services on Part IX,
column (A , lines 6 an 11e? If 'Yes,' complete Schedule G, art/ (see instructions) .................................. 17 X
18 Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII,
lines 1c and 8a? If 'Yes,' compfete Schedule G, Part II. ............................................................ 18 X
19
~~~~~~~~~~;~~~nJ~~~ ';]fre_ t~~~ -~ ~ ~·.~ :.f.~~~~~ ~~~~~~ -~~~ ~-a-~~~~ -~~~~~~i~_s, ~~- ~~-~ ~I~ 1.'. l~n~ -~a~ -~~ .':~s:: ..... 19 X
20 a Did the organization operate one or more hospital facilities? If 'Yes,· complete Schedule H . ........................... 20 X
b If 'Yes' to line 20a, did the organization attach a copy of its audited financial statements to this return?. .............. , .. 20b

BAA TEEA0103L 05128/14 Form 990 (2014)


Form 990 (2014) Carmel Art Association 94-1012517 Page4
[ Pat11V j Checklist of Required Schedules (continued)
Yes No
21 Did the organization report more than $5,000 of grants or other assistance to any domestic organization or
domestic government on Part IX, column (A), line 1? If 'Yes,' complete Schedule I, Parts I and II ...................... 21 X
22 Did the organization re~ort more than $5,000 of grants or other assistance to or for domestic individuals on Part IX,
column (A , line 2? If' es,' complete Schedule I, Parts I and Ill .................................................... 22 X
23 Did the organization answer 'Yes' to Part VII, Section A, line 3, 4, or 5 about comrensation of the organization's current
and former officers, directors, trustees, key employees, and highest compensate employees? If 'Yes,· complete
ScheduleJ.................................................................................................... 23 X
24a Did the organization have a lax-exempt bond issue with an outstandin~principal amount of more !han $100,000 as of
~~~~~t~aSc~~~~~~~rit ~~. ~:; ;;~Yn~d ~e~. ~~~~~~~~ .~ . '. ~??~:. ~f. : .~~·_' -~~~~~~-~~~~~ -~~ -~~':~~~- ~'!'!. ~~~- ..........
1
24a X
b Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?................... 24b
c Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease
any lax-exempt bonds? ......................................................................................... 24c
d Did the organization act as an 'on behalf or issuer for bonds outstanding at any lime during the year? .................. 24d
25a Section 501(c)(3). 501(cX4), and 501(c)('29)organizations. Did the organization engage in an excess benefit
transaction with a disqualified person during the year? If 'Yes,· complete Schedule L, Part I ........................... 25a X
b Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and
!hat the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ? If 'Yes,' complete
Schedule L, Part l ............................................................................................. 25b X
26 Did the organization report an~ amount on Part X, line 5, 6, or 22 for receivables from or ~ayables to any current or
former officers, directors, trus ees, key employees, highest compensated employees, or isqualified persons?
If 'Yes', complete Schedule L, Part II............................................................................. 26 X
Z1 Did the organization provide a ?rant or other assistance to an officer. director. trustee, key employee, substantial
contributor or employee thereo , a grant selection committee member, or to a 35% controlled entity or family member
of any or these persons? If 'Yes,' complete Schedule L, Part Iff..................................................... 'Zl X
..
28 Was the organization a ear~ to a business transaction with one of the following parties (see Schedule L, Part IV
instructions for applicab e fi ing thresholds, conditions, and exceptions):
. - -.

:- . ..:. ::,
.. -
.
~

.
.
j
a A current or former officer, director, trustee, or key employee? If 'Yes,' complete Schedule L, Part IV. .................. 28a X
b A family member of a current or former officer, director, trustee, or key employee? If 'Yes,· complete
Schedule L, Part IV ............................................................................................ 28b X
cAn entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an
officer, director, trustee. or direct or indirect owner? If 'Yes,· complete Schedule L, Part IV ... ......................... 28c X
29 Did the organization receive more than $25,000 in non-cash contributions? If 'Yes,· complete Schedule M............... 29 X
30 Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation
contributions? If 'Yes,' complete Schedule M ..................................................................... 30 X
31 Did the organization liquidate, terminate, or dissolve and cease operations? If 'Yes,' complete Schedule N, Part I... ..... 31 X
32
~~h~~u::;W,n)faa~~r_~~~~-- ~~~~-a-~~~·- ~~~~~~~-~f.' -~r- ~r·a-~~f~~-~-~r~. ~~~~ -~~~- ~~ .'~~ ~~.'.~~~~l·s·~ -~~ .-:~~: •. ~~~~~e-t~ .......... 32 X
33 Did the or~anizalion own 100% of an entity disregarded as separate from the organization under Regulations sections
301.7701- and 301. 7701-3? If 'Yes,' complete Schedule R, Part f. ....•.......•.....•.•............................. 33 X
34 Was the organization related to any lax-exempt or taxable entity? If 'Yes,· complete Schedule R, Part II, Ill, or IV,
and Part V, tine 1. ............................................................................................. 34 X
35a Did the organization have a controlled entity within !he meaning of section 512(b)(13)? ................................ 35a X
b If 'Yes' to line 35a, did the organization receive any payment from or engage in any transaction with a controlled
entity within the meaning of section 512(b)(13)? If 'Yes,' complete ScheduleR, Part V, tine 2 .......................... 35b
36 Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related
organization? If 'Yes,· complete ScheduleR, Part V, line 2 ......................................................... 36 X
37 Did the organization conduct more than 5% of its activities through an enti~ that is not a related organization and that is
treated as a partnership for federal income tax purposes? If 'Yes,· comple e Schedule R, Part VI. ...................... 37 X
38 Did the organization complete Schedule 0 and provide explanations in Schedule 0 for Part VI, lines 11 band 19?
Note. All Form 990 filers are required to complete Schedule 0 ...................................................... 38 X
BAA Form 990 (2014)

TEEAOI04L 05128114
Form 990 (2014) Carmel Art Association 94-1012517 Page 5
IPi!rt VJ Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule 0 contains a response or note to any line in this Part V ................................................... .

1 a Enter the number reported in Box 3 of Farm 1096. Enter -0- if not applicable .............. .
~~----------~~ffi
b Enter the number of Farms W -2G included in line 1a. Enter -0- if not applicable ........... .
L-~--------------~~~
c Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming
(gambling) winnings to prize winners? ........................................................................... .
2a Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax State-
ments, filed for the calendar year ending with or within the year covered by this return ..... .
~~--~--------~~~~~~
b If at least one is reported on line 2a, did the organization file all required federal employment tax
Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-fite (see instructions)
3 a Did the organization have unrelated business gross income of $1 ,000 or more during the year? ....................... .
b If 'Yes' has it filed a Form em. T for this year? If 'No' to line 3b, provide an explanation irt Schedule Q . • . . . . . . . . . . . . . . . . . . . . . . • . . . • . . . . . . . . •
4a At any time durinQ the calendar year, did the organization have an interest in, or a signature or other authoritv over, a
financial account 1n a foreign country (such as a bank account, securities account, or other financial account)1 ......... .
b If 'Yes,' enter the name of the foreign country: ~
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts. (FBAR)
5 a Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ................... .
b Did any taxable party notify the organization that it was or is a party to a prohibited lax shelter transaction? ............ .
c If 'Yes,' to line 5a or Sb, did the organization file Form 8886-T? .................................................... .
6a Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization
solicit any contributions that were not tax deductible as charitable contributions?..................................... .
b If 'Yes,' did the or~anization include with every solicitation an express statement that such contributions or gifts were
not tax deductible ............................................................................................. .
7 Organizations that may receive deductible contributions under section 170(c).
a Did the organization receive a _payment in excess of $75 made partly as a contribution and partly tor goods and
services provided to the payor .................................................................................. .
b If ·Yes,' did the organization notify the donor of the value of the goods or services provided?.......................... .
c Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file
Form 8282? .................................................................................................. .
d If 'Yes,' indicate the number of Forms 8282 filed during the year .......................... L_.:_7-?---,--:-:::-----~l---c::-+---+.......,.....-J
e Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? .......... .
f Did the organization. during the year, pay premiums. directly or indirectly, on a personal benefit contract?. ............. .
g If the organization received a contribution of qualified intellectual property, did the organization file Form 8899
as required?.................................................................................................. .
h If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a
Farm 1098-C? ................................................................................................ .
8 Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring
organization have excess business holdings at any time during the year? ........................................... .
9 Sponsoring organizations maintaining donor advised funds.
a Did the sponsoring organization make any taxable distributions under section 4966? ................................. .
b Did the sponsoring organization make a distribution to a donor, donor advisor, or related person? ..................... .
1---1--~1-----.
10 Section 501(c)(7) organizations. Enter:
a Initiation fees and capital contributions included on Part VIII, line 12. ..................... .
~~------------~
b Gross receipts, included on Farm 990, Part VIII, line 12, for public use of club facilities ..... .
L---L-------------~
11 Section 501(c)(12) organizations. Enter:
a Gross income from members or shareholders .......................................... .
1----~------------~
b Gross income from other sources (Do not net amounts due or paid to other sources
against amounts due or received from them.) .......................................... .
L---L---------------~~~~~~
12a Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of ? .............. .
b If 'Yes,' enter the amount of !ax-exempt interest received or accrued during the year........ L..:~~---------ii~~~ij~f:~~-
13 Section 501(c)(29) qualified nonprofit health insurance issuers.
a Is the organization licensed lo issue qualified health plans in more than one state? .................................. .
Note. See the instructions for additional information the organization must report on Schedule 0.
b Enter the amount of reserves !he organization is required to maintain by the states in
which the organization is licensed to issue qualified health plans.......................... 13
~~------------~
c Enter the amount of reserves on hand ................................................. L..:..:..:J__ _ _ _ _ _ _ _+:....::.=+....:.:..-f=-:-'~
14 a Did the organization receive any payments for indoor tanning services during the tax year? ........................... .
b If 'Yes,' has it filed a Farm 720 to report these payments? If 'No,' provide an explanation in Schedule 0 ............... .
TEEA0105L 05128114
Form 990 (2014) Carmel Art Association 94-1012517 Page 6
IPart VI IGovernance, Management, and Disdosure For each 'Yes' response to lines 2 through 7b below, and for
a 'No' response to line Ba, Bb, or 70b below, describe the circumstances, processes, or changes in
Schedule 0. See instructions.
Check if Schedule 0 contains a response or note to line in this Part VI. ................................................ .

1 a Enter the number of voting members of the governing body at the end of the tax year. . . . . . . 1a
If there are material differences in voting rights among members 1--t---------...::..:::...p
of the governing body, or if the governing body delegated broad
authority to an executive committee or similar committee, explain in Schedule 0.
b Enter the number of voting members included in line l a, above, who are independent ..... .
-~~~~~--~~----~
2 Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any
officer, director, trustee, or key employee?. ...................................................................... .
3 Did the organization delegate control over management duties customarily performed by or under the direct supervision
of officers, directors, or trustees, or key employees to a management company or other person?...................... .
4 Did the organization make any significant changes to its governing documents
since the prior Form 990 was filed? ............................................................................. .
5 Did the organization become aware during the year of a significant diversion of the organization's assets?.............. .
6 Did the organization have members or stockholders? ............................................................. .
7 a Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more
members of the governing body? ............................................................................... .
bAre any governance decisions of the organization reserved to (or subject to approval by) members,
stockholders, or persons other than the governing body? .......................................................... .
8 Did the organization contemporaneously document the meetings held or written actions undertaken during the year by
the following:
a The governing body? .......................................................................................... .
bEach committee with authority to act on behalf of the governing body?.............................................. .
9 Is there any officer, director, trustee. or key employee listed in Part VII, Section A, who cannot be reached at the
organization's mailing address? If 'Yes,' provide the names and addresses in Schedule 0 ............................ .

10 a Did the organization have local chapters, branches, or affiliates?................................................... .


b If 'Yes,' did the organization have written policies and procedures governing the activities of such chapters, afliliates, and branches Ia ensure their
operations are consistent with the organization's exempt purposes?.............................................................. .
11 a Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ..................... .
b Describe in Schedule 0 the process, if any, used by the organization to review this Form 990. See Schedule 0
1Za Did the organization have a written conflict of interest policy? If 'No,' go to line 13 . .................................. .
b Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise
to conflicts? .................................................................................................. .
c Did the organization regularly and consistently monitor and enforce compliance with the policy? If 'Yes, 'describe in
Schedule 0 how this was done . ................................................................................ .
13 Did the organization have a written whistleblower policy? .......................................................... .
14 Did the organization have a written document retention and destruction policy? ...................................... .
15 Did the process for determining compensation of the following persons include a review and approval by independent
persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a The organization's CEO, Executive Director, or top management official ............................................ .
1---+---+--::--:---
b Other officers or key employees of the organization .............................................................. .
If 'Yes' to tine 15a or 15b, describe the process in Schedule 0 (see instructions).
16 a Did the organization invest in, contribute assets lo, or participate in a joint venture or similar arrangement with a
taxable entity during the year?.................................................................................. .
b If · did the organization follow a written policy or procedure requiring the organization to evaluate its
pariicipal:ion in joint venture arrangements under applicable federal tax law, and lake steps to safeguard the
status with to such arran ments? .................................................. .

None
------~-~~-----------~------~-
18 Section 6104 requires an organization to make its Forms 1023 (or l024 if afplicable), 990, and 990-T (Section 501 (c)(3)s only) available
for public inspeclion. Indicate how you made these available. Check all tha apply.
0 Own website 0
Another's website fgJ
Upon request 0
Other (explain in Schedule 0)
19 Describe in Schedule 0 whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to
the public during the tax year. See Schedule 0
20 State the name, address, and telephone number of the person who possesses the organization's books and records: ~
Monica Ehrlich P.O. Box 2271 Carmel CA 93921 831-624-6176
BAA TEEA0106L 11113114 Form 990 (2014)
Form 990 (2014) Carmel Art Association 94-1a12517 Page?
IPart VII ICompensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and
Independent Contractors
Check if Schedule 0 contains a response or note to any line in this Part VII ................................................ . D
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1 a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the
organization's tax year.
• List all of the organization's current officers, directors. trustees (whether individuals or organizations), regardless of amount of
compensation. Enter ·0· in columns (D), (E), and (F) if no compensation was paid.
• List all of the organization's curTent key employees, if any. See instructions for definition of 'key employee.'
• List the organization's five current highest compensated employees (other than an officer. direclor, trustee. or key employee)
who received reportable compensation (Box 5 of Form W·2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.
• List all of the organization's fonner officers, key employees, and highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.
• List all of the organization's fonner directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.
List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest compensated
employees; and former such persons.
~ Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(C)
(A) (8)
Position <r:not check more
!han one x, unless person (D) (E) (F)
Name and ntle Average is bo:h an officer and a Reportable Reportable Estimated
hours director/trustee) compensation from compensation from amount of other
per the 0<%99ization related o039nizations compensation
;:s;;

I]~-i;;
week q~
"' n~
(list any ~<
::J
~
61 {Y/·211 ·MlSC) (W-211 ·MISC) from !he
oroanization
=· ~
~g ~
and related
~
hours for ~
related ~ organizations
or~::sza· ~ ~
below
dotted I .,.2
~
"' i
~
line)

Jan Wagstaff
(1) 2
--------------------------
Vice President a X X 0. a. a_
m ~d~-~~!~~~------------- 2
Vice President X a X 0. a. a.
Stan Robbins
(3) 2
--------------------------
Treasurer
----
a X X 0. a_ a_
-~-~~t!y~J~~~~~~----------- - -2- - a_
Director a X 0. a-
_@_ ~~~!~ J~~i_g~'!_a_ ___________ ----
2
President a X X 0. a. a.
(6) Richard Tette - -2- -
--------------------------
Director a X 0. a_ a.
2
-~-~~~~ey-~~C2~------------- ----
Director a X 0. a. a.
-~-~~~§~E~e~-------------- 2
Director a X 0. 0. a.
-~l~~~~~~~~ey ______________ 2
----
Director a X X 0. a. a.
(10) Christine Crozier 2
--------------------------
Director --a-- X 0. a. a_
(11) Melissa Lofton 2
--------------------------
Director a X 0. a. a.
(12} Alicia Meheen 2
--------------------------
Director a X 0. a_ a.
(13) Cornelia Emery 2
--------------------------
Secretary --a- X X 0. a. a.
(14) Daria Shachmut 2
--------------------------
Director ----
a X 0. a. 0.
BAA TEEA0107L 02127114 Form 990 (2014)
Form 990(2014) Carmel Art Association 94-1012517 Page 8
1Part VII 1 Section A. Officers, Directors, Trustees, Key Employees, and Highest Com~ensated Em Jloyees (continued)
(B) (C)
Position
(A) Average (do not che<:k mote than one (D) (E) (F)
hours box, unless person Is both an Repom:ble Reportable Estimated
Name and title per officer and a direc!Of/trustee) compern;at;on from compensation from amount of other
week the orv:gizatioo related o~izalions compensation

~f
(list any ~5 :;><: -rt

~
::3
0 f:N·211 ·MISC) CN-211 ·MISC) from the
hours 9.~ "'
= ~
3 organization
fOf
related
organiza fg ~ J;; Sl: ~ g ... .....
-.::>
<1> and relaled
organizatKms
·!ions
below
dotted
I~ f i
~
lOne)

(15) Howard Perkins 2


--------------------------
Director 0 X 0. 0. 0.
(16)
-------------------------- - - - -
(17)
-------------------------- --- .......

(18)
-------------------------- ----
(19)
-------------------------- ----
(20)
-------------------------- ----
(21)
-------------------------- ----
(22)
-------------------------- ----
(23)
-------------------------- ----
(24)
-------------------------- ----

(25)
-------------------------- ----

1 b Sub-total. ............................................................... ... 0. 0. 0.


1>-
c Total from continuation sheets to Part VII, Section A ........................ 0. 0. 0.
d Total (add lines lb and lc) .... , .... , .................................... I> 0. 0. 0.
2 Total number of tndtvtduals (includtng but not hm1ted to those ltsted above) who rece1ved more than $100,000 of reportable compensation
from the organization ~~>- 0
Yes No
3 Did the or~anization list any fonner officer, director, or trustee, key employee, or highest compensated employee I
on line 1a. If 'Yes,· complete Schedule J for such individual. ....................................................... 3 X
4 For any individual listed on line la, is the sum of rerartable compensation and other compensation from
the organization and related organizations greater t an $150,000? If 'Yes' complete Schedule J for I
such individual ................................................................................................ 4 X
5 Did any person listed on line la receive or accrue compensation from any unrelated organization or individual j
for services rendered to the organization? If 'Yes,' complete Schedule J for such person ... ........................... 5 X
.
omplete t is tab e for your five tghest compensa ed independent contractors that received more an 1 , of
compensation from the organization. Report compensation for the calendar year ending with or within the organization's tax year
(A) (B) (C)
Name and business address Description of services Compensation

2 Total number of independent contractors (including but not limited to those listed above) who received more than

BAA
$100,000 of compensation from the organization ~>- 0
TEEAOl OSL 03109115 Form 990 (2014)
I
Form990(2014) Carmel Art Association 94-1012517 Page9
. !Part VUij Statement of Revenue
Check if Schedule 0 contains a response or note to any line in this Part VIII ............................................... .
r:=--::--:---:-:: (A) (B) (C) (D)
Total revenue Related or Unrelated Revenue
exempt business excluded from tax
function revenue under sections
512-514

b Membership dues ........... .


c Fundraising events .......... .
d Related organizations........ .
e Government grants (contributions) ... .
f All other contributrons, gifts, grants, and
similar amounts not included above ...
~~----~~~~~~
g Noncash contributions included in lines la-lf:
h Total. Add lines 1a·lf .............. .

4
5

6 a Gross rents ......... .


b Less: rental expenses
c Rental income or (loss) ....
d Net rental income or
7 a Gross amount from sales of
assets other than inventory
b Less: cost or other basis
and sales expenses ...... .
c Gain or (loss) ....... .
d Net gain or (loss) .................... .
.---------~----~~~~~----~~~~r-----------~------------~
8 a Gross income from fundraising events
(not including , $ --,--,----,-,---.-,,--
of contributions reported on line lc).
See Part IV, line 18 ............... .
b Less: direct expenses.............. .
c Net income or (loss} from tundraising
9 a Gross income from gaming activities.
See Part IV, line 19................ .
b Less: direct expenses.............. .
c Net income or (loss) from gaming "r••v""'"'
.--------~-----~--~~--~------~~----------~~-~------~
0 a Gross sales of inventory, less returns
and allowances .................... a
~~'-=-'::..L...=-.;:;.;:....;'-i

b Less: cost of goods sold ........... .


invenii~~~~~~~--~--~------~~J?t~

- - - - - - - - - - - - - - - - - -~-------1--------+---------+-----------~---------
----------------- -~-----------l--------+------+--------1---------

BAA TEEA0109l 11113114


94-1012517 Page 10

Do not Include amounts reported on lines


6b, 7b, Bb, 9b, and 10b of Part VIII.

organizations and domestic governments.


See Part IV, line 21 ...................... .
2 Grants and other assistance to domestic
individuals. See Part IV, line 22 ........... .
3 Grants and other assistance to foreign
organizations, foreign governments, and for-
eign individuals. See Part IV, lines 15 and 16
~-------------4--------------~~~
4 Benefits paid to or for members ........... .
5 Compensation of current officers, directors,
trustees, and key employees .............. .
6 Compensation not included above, to
disqualified persons (as defined under
section 4958(f)(1)) and persons described
in section 4958(c)(3)(8) ................... .
7 Other salaries and wages ................. .
8 Pension plan accruals and contributions
(include section 401 (k) and 403(b)
employer contributions) ................... .
9 Other employee benefits .................. .
10 Payroll taxes ............................ .
11 Fees for services (non-employees):
a Management ............................ .
b Legal ................................... .
c Accounting .............................. .
d Lobbying ................................ .
e Professional fundraising services. See Part IV, line 17 .. .
f Investment management fees ............. .
g Other. {If line llg ami meeds 10% of line 25, column
(A) amount, list line llg expenses on Schedule 0) .... .
12 Advertising and promotion ................ .
13 Office expenses. ......................... .
14 Information technology ................... .
15 Royalties ................................ .
16 Occupancy .............................. .
17 Travel ............................... , .. .
18 Payments of travel or entertainment
expenses for any federal, state, or local
public officials ........................... .
19 Conferences, conventions, and meetings ... .
20 Interest ................................. .
21 Payments to affiliates .................... .
22 Depreciation, depletion, and amortization ... .
23 Insurance ............................... .
24 Other expenses. Itemize expenses not
covered above (List miscellaneous expenses
in line 24e. If line 24e amount exceeds 10%
of line 25, column (A) amount, list line 24e
expenses on Schedule 0.) ................ .
a ]~Il.k_ ~ll.a..fg:~s- ___________ +----=~=-'+-----"'-'....._.~~--------t--------
b _B.~j.r_$_ ~_!1_aj.n_1;_e!l~Il.C~ _____ +-----==;,..r;,.;::=-='-'+------=:...:..<r......:...~-'+-----.:..L...=-==-.:..t--------
c .Qf:(.i~g _S_11m;>_lj.~s__________ +----=L-"=-=-'f-----"'-":..L...:"""-'~-----=...L=c...:....:.-r--------
d !lQ.z:k~r ~s_ ~o_mp ___________ -+------=-=:....t..:'-"'-""-1-----....=J<-==-.,_-------'::;,L,.,"-'-=-=-t----------
e All other expenses ... See .. SC.b .... 0. ..... .
25 Total functional expenses. Add lines 1 through 24e ... .
26 Joint costs. Complete this line only if
the organization reported in column (B)
joint costs from a combined educational
campaign and fundraising solicitation.
Check here .. n
if following
SOP 98-2 (ASC ~-720) ................ ..
TEEAO 11 OL 05128114
Form 990 (2014) Carmel Art Association 94-1012517 Page 11
[Part X IBalance Sheet
Check if Schedule 0 contains a response or note to any line in this Part X . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . rl
(A) (B)
Beginning of year End of year

119,344. 1 16,955.
176,123. 2 516,395.
3
4

13
14
15
16 905 536.
17 Accounts payable and accrued expenses..................................... 14 573. 17 24 401.
18 Grants payable. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
19 Deferred revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
20 Tax-exempt bond liabilities.................................................. 20

-
10 21 Escrow or custodial account liability. Complete Part IV of Schedule D. . . . . . . . . . . 21
.2
i5
.Q
22 Loans and other payables to current and former officers, directors, trustees,
key employees, highest compensated employees. and disqualified persons .
Complete Part II of Schedule L ............................................. .
I
~ 22
~
23 Secured mortgages and notes payable to unrelated third parties ............... . 23
24 Unsecured notes and loans payable to unrelated third parties .................. . 24
25 Other liabilities (including federal income tax, payables to related third parties,
and other liabilities not included on lines 17-24). Complete Part X of Schedule D.. 25
26 Total liabilities. Add lines 17 through 25 ..................................... . 14,573. 26 24 401.
Organizations that follow SFAS 117 (ASC 958), check here ... and complete IRJ .
10
8 lines T1 through 29, and lines 33 and 34. r-•-
·-·.
l
li T1 Unrestricted net assets .................................................... . 356,334. T1 484 580.
iii 2S Temporarily restricted net assets............................................ . 396.556. 2S 396 555.
,
ID
29 Permanently restricted net assets ........................................... . 29
§ Organizations that do not follow SFAS 117 (ASC 958), check here ,. D 1---------+-+----------.
·-
..
u..
15
and complete lines 30 through 34. l
Capital stock or trust principal, or current funds............................... . 30
.19 30
IID 31 Paid-in or capital surplus, or land, building, or equipment fund ................. . 31

-
a:(

z
C)

BM
32
33
34
Retained earnings, endowment. accumulated income, or other funds ........... .
Total net assets or fund balances ........................................... .
Total liabilities and net assetsffund balances ................................. .
752,890. 33
767 463. 34
32
881 135.
905,536.
Form 990 (2014)

TEJSAOlllL ~14
Form 990 (2014) Carmel Art Association 94-1012517 Page 12
IPart XI ] Reconciliation of Net Assets
Check if Schedule 0 contains a response or note to any line in this Part XI. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0
1 Total revenue (must equal Part VIII, column (A), line 12)................................................ 1 534 151.
2 Total expenses (must equal Part IX, column (A), line 25)................................................ 2 405, 906.
3 Revenue less expenses. Subtract line 2 from line 1............................. . . . . . . . . . . . . . . . . . . . . . . . . 3 128 245.1

4 Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)).. . . . . . . . . . . . . . . . . 4 7 52, 8 90 .
5 Net unrealized gains (losses) on investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
6 Donated services and use of facilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ~~~--------------
6
7 Investment expenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . t - - : 7 : - - t i - - - - - - - - - -
8 Prior period adjustments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
r---~--------------
9 Other changes in net assets or fund balances (explain in Schedule 0).................................... 9 0
~~------------~~·
10 Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 33,
column (8)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 881,135.
I Part XII I Financial Statements and Reporting
Check if Schedule 0 contains a response or note to any line in this Part XII. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . n
Yes No
Accounting method used to prepare the Form 990: 0 Cash [EjAccrual Oother
If the organization changed its method of accounting from a prior year or checked 'Other,' explain
in Schedule 0.
2a Were the organization's financial statements compiled or reviewed by an independent accountant? .................... . 2a
.-:-=-
If 'Yes,' check a box below to indicate whether the financial statements for the year were compiled or reviewed on a ..... --=--- -
s~arate basis, consolidated basis, or both:
U Separate basis 0 Consolidated basis 0 Both consolidated and separate basis
b Were the organization's financial statements audited by an independent accountant?................................. . 2b X
If 'Yes,' check a box below to indicate whether !he financial statements for the year were audited on a separate
basis, consolidated basis, or both:
0 Separate basis Oconsolidated basis 0Bolh consolidated and separate basis
c If 'Yes' to line 2a or 2b, does !he organization have a committee that assumes responsibility for oversight of the audit,
review. or compilation of its financial statements and selection of an independent accountant? ........................ . 2c
If the organization changed either its oversight process or selection process during the tax year, explain
in Schedule 0.
3 a As a resufl of a federal award, was the organization required to undergo an audit or audits as set forth in the Single
Audit Act and OMB Circular A-133? ............................................................................. . 3a X
b If 'Yes,' did the organization undergo !he required audit or audits? If !he organization did not undergo the required audit
or audits, explain why in Schedule 0 and describe any steps taken Ia undergo such audits.. . . . . . . . . . . . . . . . . . . . . . . . . . . 3b
BAA Form 990 (2014)

TEEA0112l 05128114
Public Charity Status and Public Support OMB No. 1545 .. ()()47

SCHEDULE A
{Fonn 990 or 990-EZ)
Complete if the organization is a section 501 (cX3) organization or a section
4947(a)(1) nonexempt charitable trust
2014
,.. Attach to Form 990 or Form 99~EZ.
Department of the Treasury ,.. Information about Schedule A (form 990 or 990-EZ) and its instructions Is
Internal Revenue Service at www.lrs.govHonn990.
Nnme of U. organization 1Employer iderrlification number"

Carmel Art Association 194-1012517


1Part 1 1Reason for Public Charity Status (All oroanizations must complete this part} See instructions.
,
The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)

~
A church, convention of churches, or association of churches described in section 170(bX1XA)(i).
2 A school described in section 170(bX1XA)(ii). (Attach Schedule E.)
3 A hospital or a cooperative hospital service organization described in section 170(b)(1XA)(iii).
4 A medical research organization operated in conjunction with a hospital described in section 170(b)(1XA}(iii). Enter the hospital's
name, city, and state: ·
ffie a'College or a
univerSitY" owned oroP'erated' t)y go'VernmentaTuni'l describe
din-section- - - -
5
D An organization operated'for benefit of
170{b)(1)(A)(IV). (Complete Part II.)
6
7

8
B
0
A federal, state, or local government or governmental unit described in section 170(b)(1)(AXv).
An organization that normally receives a substantial part of its support from a governmental unit or from the general public described
in section 17D(b)(1XAXvt). (Complete Part II.)
A community trust described in section 170(b)(1XAXVJ). (Complete Part II.)
9 [29An organization that normally receives: (1) more than 33-113% of its support from contributions, membership fees, and gross receipts
from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33-113% of its support from gross
investment income and unrelated business taxable tncome (less section 511 tax) from businesses acquired by the organization after
June 30, 1975. See section 509(a)(2). (Complete Part Ill.)
10
11
8 An organization organized and operated exclusively to test for public safety. See section 509(aX4).
An organization organized and operated exclusively for the benefit of, to perform the functions of, or to C'!".!)' _out the purposes of one
or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509{aX3). Check the box in
lines 1 1a through 11 d that describes the type of supporting organization and complete lines 1Te, 11 f, and 11g.
a 0 Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by givinc;~ the supported
organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organizatton. You must
complete Part IV, Sections A and B.
b
D Type II. A surporting organization supervised or controlled in connection with its supported organization(s), by having control or
managemen of the supporting organization vested in the same persons that control or manage the supported organization(s). You
must complete Part IV, Sections A and C.
c D Type Ill functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported
organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.
d D Type Ill non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not
functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see
instructions). You must complete Part IV, Sections A and D, and Part V.
e 0 Check this box if the organization received a written determination from the IRS that is a Type I, Type II, Type Ill functionally
integrated, or Type Ill non-functionally integrated supporting organization. .--------,
f Enter the number of supported organizations ....................................................................... I
g Provide the following information about the supported organization(s). '----------'
(i) Name of supported (ii) EIN {iii) Type of organization ('IV) Is the (v) Amount of monetary (vi) Amount of other
organization (described on lines 1·9 organization listed wpport (see instructions) support (set! irmrucliol\$)
above or IRC section in your governing
(see instructions)) document?

Yes No

(A)

(B)

(C)

(D)

Total
BAA For Paperwork Reduction Act Notice, see the Instructions for Fonn 990 or 990-EZ. Schedule A (Form 990 or 990-EZ) 2014

TEEA0401L 07116114
Schedule A (Form 990 or 990-EZ) 2014 Carmel Art Association 94-1012517 Page 2
• IPart II]Support Schedule for Organizations Described in Sections 170(b)(IXA)(iv) and 170(bX1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part Ill. If the
organization fails to qualify under the tests listed below, please complete Part Ill.)

Calendar year (or fiscal year (a)2010 (b)2011 (c) 2012 (d) 2013 (e)2014 (f) Total
beginning in) ~
1 Gifts, grants, contributions, and
membership fees received. (Do not
include any 'unusual grants.') ....... .
2 Tax revenues levied for the t-------+---------j-------t---------jj-------+-------
organization's benefit and
either paid to or expended
on its behalf ................. .
r-----~-----~-----~-----------+----------~--------------
3 The value of services or
facilities furnished by a
governmental unit to the
organization without charge ....
r---------~---------~---------~-----------+----------~--------------
4 Total. Add lines 1 through 3 ....
r---------~-----------4-----------4-----------+----------~--------------
5 The portion of total
contributions by each person
(other than a governmental
unit or publicly supported
organization) included on line 1
that exceeds 2% of the amount
shown on line 11, column (f) ...
6 Public support. Subtract line 5
from line 4 .................. .
s ect"ron B. Toa
tIS Ut)ll_O rt
Calendar year (or fiscal year (a)2010 (b)2011 (c) 2012 {d) 2013 (e) 2014 (f) Total
beginning in) ~
7 Amounts from line 4...........
8 Gross income from interest.
dividends, parcments received
on securities oans, rents,
royalties and income from
similar sources ...............
9 Net income from unrelated
business activities, whether or
not the business is regularly
carried on ....................
10 Other income. Do not include
gain or loss from the sale of
capital assets (Explain in
Part VI.) .................... _
.. ·-. ..
~~:~;~~b.~-~~~-~~~~~-~ .....
11 -

12 Gross receipts from related activities, etc (see instructions). ................................................. 1 12


13 First five )'ears. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501 (c)(3)
organization, check this box and stop here .................................................................................. J> 0
Section C. Com utation of Public Su port Percenta e
14 Public support percentage for 2014 (line 6. column (f) divided by line 11, column (f)). . . . . . . . . . . . . . . . . . . . . . . . . . . %
15 Public support percentage from 2013 Schedule A, Part II, line 14............................................ %
16a 33-1/3% support test- 2014. If the organization did not check the box on line 13, and the line 14 is 33-1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization .................................................. ~~>- 0
b 33-113% support test- 2013. If the organization did not check a box on line l3 or 16a, and line 15 is 33-1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . J>- 0
17a 10".4-fac:ts-and-circumstances test- 2014. If the organization did not check a box on line 13, 16a, or l6b, and line 14 is 10%
or more. and if the organization meets the 'facts-and-circumstances' test. check this box and stop here. Explain in Part VI how
the organization meets the 'facts-and-circumstances' test. The organization qualifies as a publicly supported organization ........... ~ 0

18
b 10%-fac:ts-and-circumstances test- 2013. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10%
or more, and if the organization meets the 'facts·and·circumstances' test, check this box and stop here. Explain in Part VI how the
organization meets the "facts-and-circumstances' test. The organization qualifies as a publicly supported organization ............... "'"
Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see instructions ..... "'"
B
BAA Schedule A (Form 990 or 990·EZ) 2014

TEEA()(02L 07/16114
Schedule A (Form 990 or 990-EZ) 2014 Carmel Art Association 94-1012517 Page 3
IPart Ill !Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails
to qualify under the tests listed below, please complete Part II.}
Section A. Public Support
Calendar year (or fiscal yr beginning in) a. (a) 2010 (b) 2011 (c) 2012 (d) 2013 (e) 2014 (f) Total
1 Gifts, grants, contributions
and membership fees
received. (Do not include
any'unusualgrants.') ........ 74,597. 50,492. 61,046. 55,502. 95,480. 337,117.
2 Gross receipts from admis-
sions, merchandise sold or
services performed. or facilities
furnished in any activity that is
related to the organization's
tax-exemptpurpose .......... 585,955. 626,240. 823,665. 814,674. 1,045,084. 3,895,618.
3 Gross receipts from activities
that are not an unrelated trade
or business under section 513.. 0.
4 Tax revenues levied for the
organization's benefit and
either paid to or expended on
its behalf................... . 0.
5 The value of services or
facilities furnished by a
governmental unit to the
organization without charge .. 0.
6 Total. Add lines l through 5 ... 660 552. 676,732. 884, 711. 870,176. 1,140,564. 4,232,735.
7 a Amounts included on lines 1 ,
2, and 3 received from
disqualified persons ......... . 0. 0. 0. 0. 0. 0.
b Amounts included on lines 2
and 3 received from other than
disqualified persons that
exceed the greater of $5.000 or
1% of the amount on line 13
for the year................. . 0. 0. 0. 0. 0. 0.
c Add lines 7a and 7b ......... . 0. 0. 0. 0. 0. 0.
8 Public support (Subtract line
7c from line 6.) ............. . 4,232,735.
Section B. Total Support
Calendar year (or fiscal yr beginning in) ~ (a) 2010 (b) 2011 (c)2012 (d) 2013 (e) 2014 (f) Total
9 Amounts from line 6......... . 660,552. 676,732. 884, 711. 870,176. 1,140,564. 4,232,735.
10 a Gross income from interest, dividends,
payments received on securities loans,
rents, royalties and income from
similar sources ...........•...•. 4,388. 2,029. 2,275. 185. 366. 9,243.
b Unrelated business taxable
income Oess sec!ion 511
taxes) from businesses
acquired after June 30, 1975 .. 0.
c Add lines lOa and lOb ....... . 4,388. 2 029. 2 275. 185. 366. 9,243.
11 Net intome from unrelated business
activities not included in line lOb,
whether or not the business is
regularly carried on ............. . 0.
12 Other income. Do not include
gain or loss from the sale of
capital assets (Explain in
Part VI.) ................... . 0.
13 Total support. (Add lines 9,
10c, 11 and l2J .............. ~~6~6~4~,~94~0~-~~6~78~,~7~6~1~-~~88~6~,~9~8~6~-~~8~7~0~,~3~6~1~-~1~,~1~4~0~,~9~3~0~-~~4~,2~4~1~,~9~7~8~.
14 First five years.. If the Form 990 IS for the organ1zaiJon's f1rst, second~ thtrd. fourtht or f1fth tax year as a sect1on 501 (c)(3)
organization, check this box and stop here .................................................................................. "" 0
Section C. Com utation of Public Su ort Percenta e
15 Public support percentage for 2014 (line 8, column (f) divided by line 13, column (f)) .......................... . 99.78%
16 Public support percentage from 2013 Schedule A, Part Ill, line 15 ........................................... . 99.47 %
Section D. Com utation of Investment Income Percenta e
17 Investment income percentage for 2014 (line lOc, column (f) divided by line 13, column (f))..................... 0. 22 %
~--+-----~~~=-
18 Investment income percentage from 2013 Schedule A, Part Ill, line 17... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 . 53 %
~--~----~~~--
19a 33-1/3% supporttests- 2014. If the organization did not check the box on line 14, and line 15 is more than 33-113%, and line 17
is not more than 33-l/3%, check this box and stop here. The organization qualifies as a publicly supported organization ............. .,. ~
b 33-113% support tests- 2013.1f the organization did not check a box on line 14 or line l9a, and line 16 is more than 33-1/3%, and
line 18 is not more than 33-1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ...... .,.
20 Private foundation. If the organization did not check a box on lfne 14, 19a, or l9b, check this box and see instructions .............. ""
B
BAA TEEA0403L 07/17114 Schedule A (Form 990 or 990-EZ) 2014
Schedule A (Form 990 or 990-EZ) 2014 Carmel Art Association 94-1012517 Page 4
. IPart IV ISupporting Organizations
(Complete only if you checked a box on line 11 of Part I. If you checked 11 a of Part I, complete Sections
A and B. If you checked 11 b of Part I, complete Sections A and C. If you checked 11 c of Part I, complete
Sections A, 0, and E. If you checked 11d of Part I, complete Sections A and D, and complete Part V.)
Section A. All Supporting Organizations

Are all of the organization's supported organizations listed by name in the organization's governing documents?
If 'No,' describe in Part VI how the supported organizations are designated. If designated by class or purpose, describe
the designation. If historic and continuing relationship, explain . .................................................... .

2 Did the organization have any supported organization that does not have an IRS determination of status under section
509(a)(1) or (2)? If 'Yes,' explain in Part VI how the organization determined that the supported organization was
described in section 509(a)(1) or (2) ............................................................................ .

3a Did the organization have a supported organization described in section 501 (c)(4), (5), or (6)? If 'Yes,' answer (b)
and (c) below. ................................................................................................ .

b Did the organization confirm that each supported organization qualified under section 501 (c)(4), (5), or (6) and
satisfied the public support tests under section 509(a)(2)? If 'Yes,' describe in Part VI when and how the organization
made the determination ....................................................................................... .

c Did the o';Qanization ensure that all support to such organizations was used exclusively for section 170(c)(2)(8)
purposes. If 'Yes,' explain in Part VI what controls the organization put in place to ensure such use ................... .

4a Was any supported organization not organized in the United States ('foreign supported organization')? If 'Yes· and
if you checked 11a or 11b in Part I, answer (b) and (c) below...................................................... .

b Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported
organization? If 'Yes,' describe in PBrf VI how the organization had such control and discretion despite being controlled
or supervised by or in connection with its supported organizations ................................................. .

c Did the organization support any foreign supported organization thai does not have an IRS determination under
sections 501 (c}(3) and 509(a)(l) or (2)? If 'Yes,' explain in Part VI what controls the organization used to ensure that
all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes ............... .

Sa Did the organization add, substitute, or remove any supported organizations during the tax year? If 'Yes,· answer (b)
and (c) below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported
organizations added, substituted, or removed, (ii) the reasons tor each such action, (iii) the authority under the
organization's organizing document authorizing such action, and (iv) how the action was accomplished (such as by
amendment to the organizing document) . ............................................................... > ••••••••

b Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the
organization's organizing document? ....................... , .................................................... .

c Substitutions only. Was the substitution the result of an event beyond the organization's control? ..................... .

6 Did the organization provide support (whether in the form of grants or the provision of services or facilities) to
anyone other than (a) its supported organizations; (b) individuals that are part of the charitable class benefited by one
or more of its supported organizations; or (c) other supporting organizations that also support or benefit one or more of
the filing organization's supported organizations? If 'Yes,' provide detail in Part VI, ............ ...................... .

7 Did the organization provide a grant, loan. compensation, or other similar payment to a substantial contributor
(defined in IRC 4958(c)(3)(C)), a family member of a substantial contributor, or a 35-percent controlled entity with
regard to a substantial contributor? If 'Yes,' complete Part I of Schedule L (Form 990) ............... ................ .

8 ~~~~~~t~r~~~zr~f~~~~~~= Lo{;0~a~)q.u.~m~~~ -~r_s~~ _<~s. ~~~~~~- ~~ :_e_c_ti-~~ ~~~)- ~~~ -~~~~r-~~~~- i_n_ ~~~~- ::. ~'- ·-~~~·.· ...
9 a Was !he organization controlled directly or indirectly at any lime during the lax year by one or more disqualified persons
as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))?
If "Yes,· provide detail in PBrf VI . ............ , .......... , ............... , ....................................... .

b Did one or more dis!1ualified persons (as defined in line 9(a)) hold a controlling interest in any entity in which the
supporting organizahon had an interest? If 'Yes,' provide detail in Part VI ... ........................................ .

c Did a disqualified person (as defined in line 9(a)) have an ownership interest in, or derive any personal benefit from,
assets in which the supporting organization also had an interest? If 'Yes,' provide detail in Pert Vl .................... .

10 a Was the organization subject to the excess business holdings rules of lRC 4943 because of lRC 4943(f) (regarding
certain Type tt supporting organizations, and all Type Ill non-functionally integrated supporting organizations)? If 'Yes,·
answer (b) below . ................................................................................ , ............ .

b Did the organization, have any excess business holdings in the tax year? (tlse Schedule C, Form 4720, to determine
whether the organization had excess business holdings.). ......................................................... .
BAA TEEA~ 07117114 Schedule A (Form 990 or J_,,~~L. . . . ,
94-1012517 Page 5

Yes No
11 Has the organization accepted a gift or contribution from any of the following persons?
a A person who directly or indirectly controls, either alone or together with persons described in (b) and (c) below, the
governing body of a supported organization?..................................................................... . 11 a
1---+---+--
b A family member of a person described in (a) above?.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 b
1---1--1--
c A 35% controlled entity of a person described in (a) or (b) above? If 'Yes' to a, b, or c, provide detail in Part Vl......... 11c
Section B. I Supporting Organizations

Did the directors, trustees, or membership of one or more supported organizations have the power to regularly appoint
or elect at least a majority of the organization's directors or trustees at all times during the tax year? If 'No,· describe in
Patt VI how the supported organization(s) effectively operated, supervised, or controlled the organization's activities.
If the organization had more than one supported organization, describe how the powers to appoint and/or remove
directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any,
applied to such powers during the tax yeac ...................................................................... .
2 Did the organization operate for the benefit of any supported organization other than the supported organization(s)
that operated, supervised, or controlled the supporting organization? If 'Yes,' explain in Part VI how providing such
benefit carn'ed out the purposes of the supported organization(s) that operated, supervised, or controlled the

Section C. Type II Supporting Organizations


Yes No
--~~.~:~
1 Were a majority of the organization's directors or trustees during the tax year also a majority of the directors or trustees
of each of the organization's supported organization(s)? If 'No,' describe in Part VI how control or management of the
~

·- I
supporting organization was vested in the same persons that controlled or managed the supported organization(s). ... _.. 1
Section D. All Type Ill Supporting Organizations

Did the organization provide to each of its supported organizations, by the last day of the fifth month of the
organization's tax year, (1) a written notice describing the type and amount of support provided during the prior tax
year, (2) a copy of the Form 990 that was most recently filed as of the dale of notification, and (3) copies of the
organization's governing documents in effect on the date of notification, to the extent not previously provided?........... J-1...,...:r,,.--+----r

2 Were any of the organization's officers, directors, or trustees either (i) appointed or elected by the supported
organizalion(s) or (ti) serving on the governing body of a supported organization? If 'No,' explain in Part VI how
the organization maintained a close and continuous working relationship with the supported organization(s) ............ .

3 By reason of the relationship described in (2), did the organization's supported organizations have a significant
voice in the organization's investment policies and in directing the use of !he organization's income or assets at
all times during the lax year? If 'Yes,' describe in Part VI the role the organization's supported organizations played
in this regard . ................................................................................................ . 3
Section E. Type Ill Functionally-Integrated Supporting Organizations
Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see Instructions):

a D The organization satisfied the Activities Test. Complete line 2 below.


b D The organization is the parent of each of its supported organizations. Complete line 3 below.
c D The organization supported a governmental entity. Describe in Part VI how you supported a government entity (see instructions).

2 Activities Test. Answer (a) and (b) below.

a Did substantially all of the organization's activities during lhe tax year directly further the exempt purposes of the
supported organization(s) to which l.tle organization was responsive? If 'Yes,· then in Part VlldGntify thoSG supported
organizations end axplalnhow these activities directly furthered their exempt purposes, how the organization was
responsive to those supported organizations, and how the organization determined that these activities constituted
substantially all of its activities ................................................................................. .

b Did the activities described in (a) constitute activities that, but for the organization's involvement one or more of
the organization's supported organization(s) would have been engaged in? If 'Yes,' explain lrPart VI the reasons for
the or9an!Za!io~·s position that its supported organization(s) would have engaged in these activities but for the
orgamzat1on s Involvement . . _......... _........................................................................ .

3 Parent of Supported Organizations. Answer(a) and(b) below.


a Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of
each of the supported organizations? Provide details in Pert VI . ................................................... .

b Did the organization exercise a substantial degree of direction over the policies, programs, and activities of each of its
supported organizations? If 'Yes,' describe in Part VI the role played by the organization in this regard .. -.............. 3b
BAA TEEA0405L 07/18/14 Schedule A (Form 990 or 990·EZ) 2014
Schedule A (Form 990 or 990-EZ) 2014 Carmel Art Association 94-1012517 Page 6
IPart V IType Ill Non·Functionally Integrated 509(a)(3) Supporting Organizations
1 0 Check here if the organization satisfied the Integral Part Test as a qualifying trust on November 20, 1970. See instructions. All
other Type Ill non-functionally integrated supporting organizations must complete Sections A through E.

(A) Prior Year (8) Current Year


Section A - Adjusted Net Income (optional)
1 Net short-term capital gain....... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
2 Recoveries of prior-year distributions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
3 other gross income (see instructions)........................................... 3
4 Add lines 1 through 3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
5 Depreciation and depletion. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
6 Portion of operating expenses paid or incurred for production or collection of gross
income or for management, conservation, or maintenance of property held for
production of income (see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
7 Other expenses (see instructions} . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
8 Adjusted Net Income (subtract lines 5, 6 and 7 from line 4). . . . . . . . . . . . . . . . . . . . . . . . 8

(!\) Prior Year (8) Current Year


Section B - Minimum Asset Amount (optional)

1 Aggregate fair market value of all non-exempt-use assets (see instructions for short
tax year or assets held for part of year):
a Average monthly value of securities............................................ . la
..
l
b Average monthly cash balances ............................................... . lb
c Fair market value of other non-exempt-use assets ............................... . lc
d Total (add lines 1a, l b, and lc} ............................................... . ld
..
e Discount claimed for blockage or other .·
I
::-; ~ ,.-:-~ .-·.·:~·

factors (explain in detail in Part VI):


2 Acquisition indebtedness applicable to non-exempt-use assets. . . . . . . . . . . . . . . . . . . . . 2
3 Subtract line 2 from line ld.................................................... 3
4 Cash deemed held for exempt use. Enter 1-l/2% of line 3 (for greater amount,
see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
5 Nel value of non-exempt-use assets (subtract line 4 from line 3) . . . . . . . . . . . . . . . . . . . 5
6 Multiply line 5 by .035 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
7 Recoveries of prior-year distributions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
8 Minimum Asset Amount (add line 7 lo line 6). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8

Section C - Distributable Amount Current Year

1 Adjusted net income for prior year (from Section A, line 8, Column A) ............. .
2 Enter 85% of line 1............................................ _... _.......... .
3 Minimum asset amount for prior year (from Section B, line 8, Column A). .......... .
4 Enter greater of line 2 or line 3 ................................................ .
5 Income tax imposed in prior year. . . . . . . .. . .. .. .. .. . . . . . .. . .. .. .. .. .. . .. . . . . .. . . 5 ;~~~11·:t~.~~<;(·::~--~- '
6 Distributable Amount. Subtract line 5 from line 4, unless subject to emergency '0. -:{ ~g=-~~-:~r~~~-:
temporary reduction (see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 1
J
7 0 Check here if the current year is the organization's first as a non-functionally-integrated Type Ill supporting organization
(see instructions).
BAA Schedule A (Form 990 or 990-EZ) 2014

TEEA0406l 07118/14
Pa e 7

2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations,
in excess of income from activity ......................................................................... .

8 Distributions to attentive supported organizations to which the organization is responsive (provide details
in Part VI). See instructions .............................................................................. .

(iii)
Distributable
Amount for 2014

TEEA0407L 10/31114
Schedule A (Form 990 or 990-EZ) 2014 Carmel Art Association 94-1012517 Page 8
[~art_VI ]Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b;
and Part Ill, line 12. Also complete this part for any additional information. (See instructions).

BAA Schedule A (Form 990 or 990-EZ) 2014

TEEA040BL 08/lB/14
OMB No. 1545-0047
. SCHEDULED Supplemental Financial Statements
(Form 990) • Complete if the organization answered 'Yes,' to Fonn 990,
Part IV, lines 6, 7, 8, 9, TO, 11a, 11b, llc, lld, 11e, 11f, 12a, or 12b.
2014
• Attach to Fonn 990.
Department of the Tre.esury • lnfonnation about Schedule D (Fonn 990) and its instructions is at www.lrs.gov/fonn990.
Internal Rell&llue Service
organization

Carmel Art 94-1012517


ccounts.

(a) Donor advised funds (b) Funds and other accounts


1 Total number at end of year.................
2 Aggregate value of contributions to (during year) .......
3 Aggregate value of grants from (during year) ..........
4 Aggregate value at end of year. .............
5 Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds
are the organization's property, subject to the organization's exclusive legal control?..... . . . . . . . . . . . . . . . . . . . . . . DYes
6 Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only
for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring
impermissible private benefit? ............................................................................ DYes 0 No
IPart n IConseNation Easements.
1
Complete if the organization answered 'Yes' to Form 990, Part IV, line 7.
Purpose(s) of conservation easements held by the organization (check all that apply).

§
Preservation of land for public use (e.g., recreation or education)
Protection of natural habitat
Preservation of open space
a Preservation of a historically important land area
Preservation of a certified historic structure

2 Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the
last day of the tax year.
Held at the End of the Tax Year
a Total number of conservation easements ................................................. . 2a
b Total acreage restricted by conservation easements ....................................... . 2b
c Number of conservation easements on a certified historic structure included in (a) ............ . 2c
d Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic
structure listed in the National Register ................................................... . 2d
3 Number of conservation easements modified, transferred, released, extinguished, or terminated by the orgamzallon dunng the
tax year •
------
4 Number of states where property subject to conservation easement is located ""
5 Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violalfons.
and enforcement of the conservation easements it holds? .................................................... 0 Yes
6
..
Staff and volunteer hours devoted to monitoring, inspecting, and enforcing conservation easements during lhe year

7 Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year
•$
----------------
8 Does each conservation easement reported on line 2(d) above satisfy the requirements of section l70(h)(4)(8)(i)
and section 170(h)(4)(8)(ii)?.............................................................................. DYes
9 In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and balance sheet, and
include, if applicable, the text of the footnote to the organization's financial statements that describes !he organization's accounting for
conservation easements.
!Part 111 !Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered 'Yes' to Form 990, Part IV, line 8.
1 a If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of
art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide,
in Part XIII, the text of the footnote to its financial statements that describes these items.
b If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art.
historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the
following amounts relating to these items:
(i) Revenue included in Form 990, Part VIII, line 1... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . I>$
{ii) Assets included in Form 990, Part X. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .,._ $ -----------------
2 If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide lhe following
----------------
amounts required to be reported under SFAS 116 (ASC 958) relating to these items:
a Revenue included in Form 990, Part VIII, line l............................................ . . . . . . . . . . . . . . . ~ $
bAssets included in Form 990, Part X. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .... $ -----------------
BAA For Paperwork Reduction Act Notice, see the lnstn.lctions for Fonn 990. TEEA3301 L 10128114 Schedule D (Form 990) 2014
.
ScheduleD (Form 990) 2014 Carmel Art Association 94-1012517 Page 2
. I
!Part IU Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)


3 Using the organization's acquisition, accession, and other records, check any of the following that are a significant use of its collection

b
items (check all that apply):
Public exhibition
Scholarly research
d
e
Loan or exchange programs
Other
B
c Preservation for future generations -----------------------------------------------
4 Provide a description of the organization's collections and explain how they further the organization's exempt purpose in
Part XIII.
5 During the year, did the organization solicit or receive donations of art, historical treasures, or other similar assets
to be sold to raise funds rather than to be maintained as part of the organization's collection?. . . . . . . . . . . . . . . . . . . . . Yes No
PaitiV Escrow and Custodial Arrangements. Complete if the organization answered 'Yes' to Form 990, Part IV,
line 9, or reported an amount on Form 990, Part X, line 21.
1 a Is the organization an agent, trustee, custodian, or other intermediary for contributions or other assets not included
on Form 990, Part X?.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . DYes
b If 'Yes,' explain the arrangement in Part XIII and complete the following table:
Amount
c Beginning balance ..................................................................... . lc
d Additions during the year ............................................................... . 1d
e Distributions during the year............................................................. . le
f Ending balance ........................................................................ . 1f

o~~~~~~~:~~~~::::::. ~ -~~~ ..... ~No


2a Did the organization include an amount on Form 990, Part X. line 21, for escrow or custodial ace
b If 'Yes,' explain the arrangement in Part XIII. Check here if the explanation has been provided in

[Part V I Endowment Funds. Comolete if the oraanization answered 'Yes' to Form 990 PartlV line 10.
(a) Current year (b) Prior year (c) Two years back (d) Three years back (e) Four years back
1 a Beginning of year balance .....
b Contributions .................

c Net investment earnings. gains,


and losses ...................
d Grants or scholarships.........
e Other expenditures for facilities
and programs ................
f Administrative expenses .......
g End of year balance ...........
2 Prov1de the esltmated percentage of the current year end balance (hne 1g, column (a)) held as:
a Board designated or quasi-endowment ... %
b Permanent endowment ... %
--------
c Temporarily restricted endowment ,.. %
The percentages in lines 2a, 2b, and 2c should equal 100%.

3a Are there endowment funds not in the possession of the organization that are held and administered for the
organization by: Yes No
(i) unrelated organizations ................................................................................. . 3a0)
Oi) related organizations ................................................................................... . 3a(ii)
b If 'Yes' to 3a(ii), are the related organizations listed as required on Schedule R?.................................. . 3b
4 Describe in Part XIII the intended uses of the organization's endowment funds.
!Part VI ILand, Buildings, and Equipment.
Complete if the organization answered 'Yes' to Form 990, Part IV, line 11 a. See Form 990, Part X, line 10.
Description of property (a) Cost or other basis (b) Cost or other {c) Accumulated (d) Book value
(investment) basis (other) depreciation
1aLand ..................................... 2 000. 2 000.
b Buildings .................................. 10 543. 10 543. 0.
c Leasehold improvements ................... 413 998. 205 548. 208 450.
d Equipment ................................ 26 565. 23,475. 3 090.
e Other ..................................... 103 229. 81,520. 21 709.
Total. Add lines la through le. (Column (d) must equal Form 990, Part X, column (B), line IDe.) ..................... ~ 235,249.
BAA Schedule D (Form 990) 2014

TEEA3302L 08/25114

ScheduleD (Form 990) 2014 Carmel Art Association 94-1012517 Page 3
!Part VII ]Investments- Other Securities. N/A
I te 'f
Comp!e . t'ron answere d 'Yes ' t 0 Farm 990 P a rt IV rrne 11 b S ee Farm 99 0, Part X, line 12.
r th e organrza
' '
(a) Description of security or category {including name of security) (b) Book value (c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives ......................•........
(2) Closely-held equity interests ...........•............
(3) Other
(A)
----------------------
~)-------------------------

---------------~---~~~~~---
(C)
-~----~----~--~---~--~-----
(D)
~)-------------------------

---------------------------
(F)
-------~--~-------~--------
(G)
~---~---~---~----~---------
(H)
---------------------------
(I)
------------~----~----------
Total. (Column (b) must equal Form 990, Parl X, column (B) line 12.). .. .... j
1Par1 VIlli tnvestme~ts- Prog~m .Related. .
Complete rf the organrzatron answered ' Yes to Form 990, Part IV, lrne 11c. See Form 990, Part X, lrne 13
.N/A
(a) Description of investment type (b) Book value (c) Method of valuation: Cost or end-of-year market value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(B)
(9)
(10)
Total. (Column (b) must equal Form 990. Parl X column (8) li11e 13.) .. .,.. I
IPar11X I Other As~ets. I . N/A
Complete rf the orgamzatron answered Yes to Form 990, Part IV, hne 11d. See Form 990, Part X, line 15 .
(a) Description (b) Book value
(1)
(2)
(3)
(4)
(5)
{6)
(7)
(B)
(9)

2. Liability lor uncertain tax positions. In Part XIII, provide the text oi the footnote to tire organization's financial statements that reports the organization's liability for uncertain
tax positions under FlN 48 (ASC 740). Oleck here if the text of the foolnote has been provided in Part XIII. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . • . . . . . . . . . . . . . . . 0
BAA TEEA3303L 00125114 Schedule D (Form 990) 2014
ScheduleD(Form990)2014 Carmel Art Association 94-1012517 Page 4
IPart XI ] Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. N/A
Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1 Total revenue, gains, and other support per audited financial statements. .................................. 1
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains (losses) on investments ................................ 2a ~{1
"'"2
b Donated services and use of facilities .......................................
c Recoveries of prior year grants .............................................
2b
2c
~
~~$'~
d Other (Describe in Part XIII.) ............................................... 2d "
-~--
.-:..-
~

e Add lines 2a through 2d .............................................................................. 2e


3 Subtract line 2e from line 1. ........................................................................... 3
4 Amounts included on Form 990, Part VIII, line 12, but not on line l: -
a Investment expenses not included on Form 990, Part VIII, line 7b .............. 4a J!;
~t:.~~·.

b Other (0 escri be in Part X Ill.) ............................................... 4b ··.t.

c Add lines 4a and 4b .................................................................................. 4c


5 Total reverrue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ............................ 5
IPart XII I Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. N/A
Complete 1f the organtzabon answered 'Yes' to Form 990, Part IV, hne 12a.
1 Total expenses and losses per audited financial statements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
~--~----------------
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2a
1-:::-:-t----------t.,
b Prior year adjustments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2b ~
c Other losses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2c
d Other (Describe in Part Xlll.)............................................... ~--~~-----------------1 2d
~--L---------------1----t
e Add lines 2a through 2d............. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2e
3 Subtract line 2e from line 1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ~--~~---------------
3
4 Amounts included on Form 990, Part IX. line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII~ ILne 7b. > ••••• ~...... 4a ·· -
bOther (Describe in Part XIII.)............................................... ~--~~--------------~ 4b
c Add lines 4a and 4b ........................................................L .••--.-.-'-.- ••-.-.-.-• •- . - .••
-- . - .•• --:-_-4;_c:_ _ _ _ _ _ __
-- . - . - ..•

5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.)............................ 5
IPart XIIII Supplementallnformat1on.
Provide the descriptions required for Part ll, Jines 3. 5. and 9; Part Ill, lines 1a and 4; Part IV, lines lb and 2b; Part V,
line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

BAA ScheduleD (Form 990) 2014

TEEA3304l 10f28114
,. SCHEDULE 0 Supplemental Information to Form 990 or 990-EZ OMS No. 1545-0047

(Form 990 or 990-EZ) Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information. 2014
... Attach to Form 990 or~
Department of the Treasury ,.. Information about Sehedule 0 (Form 990 or~ and its instructions is
Internal Revenue Service at www.lrs.govHorm990.
Employer id:mtific:ation numbor

Carmel Art Association I94-1012517


Form 990, Part VI, Line 11b- Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19- Other Organization Documents Publicly Available

Documents are made available at the Association's offices upon request.

Form 990, Part IX, Line 24e


Other Expenses

(A) (B) (C) (D)


Program Management
Total Services & General Fundraising
Advertising 10,936. 10,936.
Community Events 961. 961.
Donations 50. so.
Dues & Subscriptions 380. 285. 95.
Fees & Licenses 774. 581. 193.
Gallery Expense 3,743. 3,743.
Insurance 5,373. 4,030. 1,343.
Miscellaneous 836. 836.
Penalties
Professional Development 470. 353. 117.
Promotion 6,008. 6,008.
Real Property Taxes 3,743. 2,807. 936.
Social Functions 10,518. 10,518.
Telephone 6,199. 4,649. 1,550.
Utilities 7f675. 5,756. lf919.
Total $ 57,666. $ 50,677. $ 6,989. $ 0.

BAA For Paperwork Reduction Act Notice, see the Instructions for Fonn 990 or 99Cl-EZ. TEEA4901L 08/18114 Schedule 0 (Form 990 or 990-EZ) 2014

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