Form990-EZ
Click to see list of attachments
Department of the Treasury
Internal Revenue Service
Short Form
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code
(except black lung benefit trust or private foundation)
bullet Sponsoring organizations of donor advised funds, organizations that operate one or more hospital facilities, and certain controlling organizations as defined in section 512(b)(13) must file Form 990 (see instructions).
All other organizations with gross receipts less than $200,000 and total assets less than $500,000 at the end of the year may use this form.
bulletThe organization may have to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-1150
2011
Open to Public
Inspection
A
For the 2011 calendar year, or tax year beginning 07-01-2011, and ending 06-30-2012
B
Check if applicable:
C Name of organization
Buenaventura Art Association
 
Number and street (or P. O. box, if mail is not delivered to street address)700 E Santa Clara Street
  Room/suite
City or town, state or country, and ZIP + 4 Ventura, CA93001
D Employer identification number

95-6096136
E Telephone number

(805) 648-1235
F Group Exemption
Number. . bullet  
G Accounting method: Other (specify) bullet   H Check bulletI Website:bulletbuenaventuragallery.orgJ Tax-Exempt status(check only one)—Click to see attachment(   ) bullet(insert no.) or
K Check bullet A Form 990-EZ or Form 990 return is not required though Form 990-N (e-postcard) may be required (see instructions). But if the organization chooses to file a return, be sure to file a complete return.
L Add lines 5b, 6c, and 7b, to line 9 to determine gross receipts; If gross receipts are $200,000 or more, or if total assets (Part II, line 25, column (B) below) are $500,000 or more,file Form 990 instead of Form 990-EZ........... bullet $ 129,379
Part IRevenue, Expenses, and Changes in Net Assets or Fund Balances (see the instructions for Part I.)Check if the organization used Schedule O to respond to any question in this Part I...........
VerticalRevenue 1 Contributions, gifts, grants, and similar amounts received............... 1 1,395
2 Program service revenue including government fees and contracts ............ 2 19,598
3 Membership dues and assessments...................... 3 18,465
4 Investment income........................... 4 16,851
5a Gross amount from sale of assets other than inventory........ 5a  
b Less: cost or other basis and sales expenses........... 5b 0
c Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ...... 5c  
6 Gaming and fundraising events
a Gross income from gaming (attach Schedule G if greater than $15,000) . 6a  
b Gross income from fundraising events (not including $   of contributions
from fundraising events reported on line 1) (attach Schedule G if the
sum of such gross income and contributions exceeds $15,000) 6b 10,331
c Less: direct expenses from gaming and fundraising events....... 6c 4,377
d Net income or (loss) from gaming and fundraising events (Add lines 6a and 6b and subtract line 6c) 6d 5,954
7a Gross sales of inventory, less returns and allowances........ 7a 62,739
b Less: cost of goods sold................. 7b 43,865
c Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) ......... 7c 18,874
8 Other revenue (describe in Schedule O) ..................... 8  
9 Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8................. 9 81,137
VerticalExpenses 10 Grants and similar amounts paid (list in Schedule O) ................. 10  
11 Benefits paid to or for members........................ 11  
12 Salaries, other compensation, and employee benefits................ 12 23,771
13 Professional fees and other payments to independent contractors............ 13 10,014
14 Occupancy, rent, utilities, and maintenance................... 14 4,850
15 Printing, publications, postage, and shipping................... 15 1,741
16 Other expenses (describe in Schedule O) .................... 16 31,125
17 Total expenses. Add lines 10 through 16 .................... 17 71,501
VerticalNetAssets 18 Excess or (deficit) for the year (Subtract line 17 from line 9)............ 18 9,636
19 Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
end-of-year figure reported on prior year’s return)................ 19 344,395
20 Other changes in net assets or fund balances (explain in Schedule O) .......... 20 -59,055
21 Net assets or fund balances at end of year. Combine lines 18 through 20.........Bullet 21 294,976
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 10642I Form 990-EZ (2011)
Form 990-EZ (2011)
Page 2
Part IIBalance Sheets (see the instructions for Part II.)Check if the organization used Schedule O to respond to any question in this Part II.............

(See the instructions for Part II.)(A) Beginning of year(B) End of year
22Cash, savings, and investments................
138,174
22
100,095
23Land and buildings....................
133,524
23
129,083
24Other assets (describe in Schedule O) ..........
76,050
24
70,054
25Total assets......................
347,748
25
299,232
26
Total liabilities (describe in Schedule O) .............
3,353
26
4,256
27Net assets or fund balances (line 27 of column (B) must agree with line 21)..
344,395
27
294,976
Part IIIStatement of Program Service Accomplishments (see the instructions for Part III.) Check if the organization used Schedule O to respond to any question in this Part III . Expenses
(Required for section 501(c)(3) and 501(c)(4) organizations and section 4947(a)(1) trusts; optional for others.)
What is the organization's primary exempt purpose? A DYNMIC COMMUNITY OF VISUAL ARTISTS IN ALL STAGES OF DEVELOPMENT, UNITED TO EXHIBIT AND SELL ART.
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 Art workshops are held through out the year and are available to the community. Workshops offered are: Painting on Silk Scarves, Learn to use your digital camera, Watercolor painting, Using Photoshop Elements to Improve Digital Images sent over the internet, Critiquing Your Art Work, Framing and Matting, legal contract for artists. Approximately a 100 people attended the various workships.
(Grants $   ) If this amount includes foreign grants, check here ...MediumBullet		 28a  
29 BAA holds an annual art competition for students beginning or continuing their college education in the fine arts. Scholarships and memberships to BAA are awarded to top competitors. Approximately 40 students enter the competition each year.
(Grants $ 5,154) If this amount includes foreign grants, check here ...MediumBullet		 29a  
30 Kid's Creation - BAA volunteers conduct art activities for children and families from Memorial Day through Labor Day at Harbor Village Gallery. This program activity serves approximately 200 children and their families. Each child is provided with an art experience they proudly share with friends and family.
(Grants $ 35) If this amount includes foreign grants, check here ...MediumBullet		 30a  
THE MONTHLY NEWSLETTER INFORMS OVER 200 ARTISTS AND PATRONS OF THE ARTS ABOUT LOCAL ART EVENTS, EXHIBITS, COMPETITIONS, TECHNIQUES AND RESOURCES. THE WEBSITE AT WWW.BUENAVENTURAGALLERY.ORG PROVIDES INFORMATION AS WELL.
(Grants $   ) If this amount includes foreign grants, check here ...MediumBullet		  
THE BAA OFFERS AT LEAST 12 MEMBER EXHIBITIONS AND 12-18 SOLO EXHIBITIONS EACH YEAR. BAA HAS JOINED FORCES WITH COMMUNITY MEMORIAL HOSPITAL TO BRING ART TO THE PUBLIC WITH ROTATING EXHIBITS IN THE BOTTOM FLOOR OF THE HOSPITAL. THE EXHIBITS ARE OPEN TO ALL ARTIST, NOT JUST ASSOCIATION MEMBERS. BAA ALSO OFFERS FREE CHILDREN'S ART ACTIVITIES DURING THE SUMMER MONTHS.
(Grants $ 22,900) If this amount includes foreign grants, check here ...MediumBullet		  
THE PRIMARY EXEMPT PURPOSE OF THE BUENAVENTURA ART ASSOCIATION (BAA) IS ACCORDING TO THEIR MISSION STATEMENT: A DYNAMIC COMMUNITY OF VISUAL ARTISTS IN ALL STAGES OF DEVELOPMENT, UNITED TO EXHIBIT AND SELL ART. IN THAT VEIN, BAA PROVIDES TWO ART GALLERIES AND ONE COMMUNITY EXHIBIT SPACES WHERE MEMBER ARTIST CAN DISPLAY THEIR ART TO THE PUBLIC, PROVIDE ART INSTRUCTION AND WORKSHOPS FOR MEMBERS AS WELL AS NON-MEMBERS, AND PROVIDE ART BUSINESS EDUCATION. THE PATRONS OF THE GALLERY ARE VENTURA COUNTY RESIDENTS AS WELL AS TOURISTS FROM LOS ANGELES AND SANTA BARBARA COUNTIES AS WELL AS INLAND COUNTY RESIDENTS. THE ASSOCIATION CONSISTS OF 200 PLUS MEMBERS, (MOST ARTISTS, SOME COMMUNITY MEMBERS) WHO VOLUNTEER TO HOST THE GALLERIES WHICH REMAIN OPEN 5 DAYS EACH WEEK. TOTAL ANNUAL ATTENDENCE AT THE TWO GALLERIES IS ESTIMATED AT 12,000 FOR THE CURRENT FISCAL YEAR.
(Grants $   ) If this amount includes foreign grants, check here ...MediumBullet		  
31 Other program services (describe in Schedule O) ..................
(Grants $   ) If this amount includes foreign grants, check here...MediumBullet		 31a
32 Total program service expenses (add lines 28a through 31a)..............bullet 32 28,089
Part IV List of Officers, Directors, Trustees, and Key Employees. List each one even if not compensated. (see the instructions for Part IV.)Check if the organization used Schedule O to respond to any question in this Part IV..........
(a) Name and title (b) Average
hours per week
devoted to position		 (c)Reportable compensation
(Forms W-2/1099-MISC)
(if not paid, enter -0-) 		(d) Health benefits, contributions to employee benefit plans,
and deferred compensation		 (e) Estimated amount
of other compensation
Sharon Taylor
700 E Santa Clara Street
Ventura,CA93001
 Executive Director30.00 1,144    
Layla Hallberg
700 E Santa Clara Street
Ventura,CA93001
 Executive Director25.00 11,223    
Gordon Bohn
131 E Fiesta Green
Port Hueneme,CA930411923
 Treasurer5.00 0    
Christine Beirne
310 Cruzero St
Ojai,CA93023
 Vice President10.00 4,807    
Jim Black
4500 Whitter St
Ventura,CA93003
 President5.00 0    
Donna Zaza
733 Kickapoo Drive
Ventura,CA93001
 Member At Large1.00 0    
Judy Gibbs
7027 Senora Court
Ventura,CA93003
 Member at Large3.00 0    
Susan Leeper Gerrard
2980 Bayshore
Ventura,CA93001
 Member at Large1.00 0    
Carrie Stanton
353 Rossmore Dr
Oxnard,CA93035
 Member at Large2.00 0    
Tasia Erickson
1375 Poli St 3
Ventura,CA93001
 Member at Large1.00 0    
Lady Jan Faulkner
1028 Howard St
Fillmore,CA93015
 Member at Large2.00 0    
Wana Klasen
379 Foothill Drive
Fillmore,CA93015
 Secretary10.00 0    
Merilee Allen
PO Box 1046
Ojai,CA93024
 Member at Large2.00 0    
Dorothy Brunkan
1962 Hillcrest Lane
Ventura,CA93001
 Member at Large3.00 0    
Form 990-EZ (2011)
Form 990-EZ (2011)
Page 3
Part VOther Information(Note the Schedule A and personal benefit contract statement requirements in the instructions for Part V.) Check if the organization used Schedule O to respond to any question in this Part V
Yes
No
33
Did the organization engage in any significant activity not previously reported to the IRS? If "Yes," provide a detailed description of each activity in Schedule O ...................
33
 
No
34
Were any significant changes made to the organizing or governing documents? If "Yes," attach a conformed copy of the amended documents if they reflect a change to the organization’s name. Otherwise, explain the changeon Schedule O (see instructions). ..........................
34
 
No
35a
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities (such as those reported on lines 2, 6a, and 7a, among others)? ............
35a
Yes
 
b
If ‘Yes’ to line 35a, has the organization filed a Form 990-T for the year? If ‘No,’ provide an explanation in Schedule O.
35b
Yes
 
c
Was the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization subject to section 6033(e) notice, reporting, and proxy tax requirements during the year? If "Yes," complete Schedule C, Part III.
35c
 
No
36
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? If “Yes,” complete applicable parts of Schedule N ................
36
 
No
37a
Enter amount of political expenditures, direct or indirect, as described in the instructions. bullet
37a
 
b
Did the organization file Form 1120-POL for this year?...................
37b
 
No
38a
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were
any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?..
38a
 
No
b
If “Yes,” complete Schedule L, Part II and enter the total amount involved .
38b
 
39
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on line 9.......
39a
0
b
Gross receipts, included on line 9, for public use of club facilities.....
39b
0
40a
Section 501(c)(3) organizations. Enter amount of tax imposed on the organization during the year under:
section 4911 bullet   ; section 4912 bullet   ; section 4955 bullet  
b
Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in any section 4958 excess benefittransaction during the year or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? If “Yes,” complete Schedule L, Part I. ......
40b
 
No
c
Section 501(c)(3) and 501(c)(4) organizations. Enter amount of tax imposed on organization managers or disqualified persons during the year under sections 4912, 4955, and 4958...bullet  
d
Section 501(c)(3) and 501(c)(4) organizations. Enter amount of tax on line 40c reimbursed by the organization....................bullet  
e
All organizations. At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? If "Yes," complete Form 8886-T. ......................
40e
 
No
41List the states with which a copy of this return is filed. bullet
42aThe organization's books are in care of bulletGordon Bohn Telephone no. bullet (805) 648-1235
Located at bullet700 E Santa Clara Street
Ventura,CA ZIP + 4bullet93001
b
At any time during the calendar year, did the organization have an interest in or a signature or other authority over a financial account in a foreign country (such as a bank account, securities account, or other financial account)?
Yes
No
42b
 
No
If “Yes,” enter the name of the foreign country: bullet  
See the instructions for exceptions and filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts.
c
At any time during the calendar year, did the organization maintain an office outside the U.S.?
42c
 
No
If “Yes,” enter the name of the foreign country: bullet  
43.......bullet
and enter the amount of tax-exempt interest received or accrued during the tax year....bullet43
 
Yes
No
44a
Did the organization maintain any donor advised funds during the year? If "Yes," Form 990 must be completed instead of
Form 990-EZ.................................
44a
 
No
b
Did the organization operate one or more hospital facilities during the year? If ‘Yes,’ Form 990 must be completedinstead of Form990-EZ.............................
44b
 
No
c
Did the organization receive any payments for indoor tanning services during the year?.........
44c
 
No
d
If 'Yes' to line 44c, has the organization filed a Form 720 to report these payments? If ‘No,’ provide an explanationin Schedule O................................
44d
 
No
45a
Did the organization have a controlled entity within the meaning of
section 512(b)(13)?............................
45a
 
No
45b
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," Form 990 and Schedule R may need to be completed instead of Form990-EZ (see instructions).....................
45b
 
No
Form 990-EZ (2011)
Form 990-EZ (2011)
Page 4
Yes
No
46
Did the organization engage, directly or indirectly, in political campaign activities on behalf of or in opposition tocandidates for public office? If “Yes,” complete Schedule C, Part I. ..............
46
 
No
Part VI
Section 501(c)(3) organizations and section 4947(a)(1) nonexempt charitable trusts only. All section 501(c)(3) organizations and section 4947(a)(1) nonexempt charitable trusts must answer questions 47-49b and 52. Check if the organization used Schedule O to respond to any question in this Part VI ...........
Yes
No
47
Did the organization engage in lobbying activities or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II .......................
47
 
No
48
Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E ....
48
 
No
49a
Did the organization make any transfers to an exempt non-charitable related organization?......
49a
 
No
b
If "Yes," was the related organization a section 527 organization?................
49b
 
No
50
Complete this table for the organization's five highest compensated employees (other than officers, directors, trustees and key employees) who each received more than $100,000 of compensation from the organization. If there is none, enter "None."
(a) Name and title of each employee paid more than $100,000 (b) Average
hours per week
devoted to position		 (c) Reportable compensation
(Forms W-2/1099-MISC) 		(d) Health benefits, contributions to employee benefit plans, and deferred compensation (e) Estimated amount of other compensation
NONE
f
Total number of other employees paid over $100,000 .................bullet  

51
Complete this table for the organization's five highest compensated independent contractors who each received more than $100,000 of compensation from the organization. If there is none, enter "None."
(a) Name and address of each independent contractor paid more than $100,000 (b) Type of service (c) Compensation
NONE
d
Total number of other independent contractors each receiving over $100,000..........bullet  
52
Did the organization complete Schedule A? NOTE:All Section 501(c)(3) organizations and 4947(a)(1) nonexempt charitable trusts must attach a completed Schedule A .....................
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
JumboBullet
Signature of officer Date
JumboBullet
Type or print name and title
Paid preparer use only
Print/type preparer's name
 
Preparer's signature
Date
PTIN
Firm's name Right pointing arrowhead image

Firm's EIN Right pointing arrowhead image
Firm's address Right pointing arrowhead image



Phone no.
May the IRS discuss this return with the preparer shown above? See instructions .........bullet
Form 990-EZ (2011)

Additional Data


Software ID: 11000144
Software Version: 2011v1.5

Form 990-EZ, Special Condition Description:
Special Condition Description
SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service
Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section
4947(a)(1) nonexempt charitable trust.
right arrow Attach to Form 990 or Form 990-EZ. right arrow See separate instructions.
OMB No. 1545-0047
2011
Open to Public
Inspection
Name of the organization
Buenaventura Art Association
 
Employer identification number

95-6096136
Part I
Reason for Public Charity Status (All organizations 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.)
1
2
3
4
5
section 170(b)(1)(A)(iv). (Complete Part II.)
6
7
8
9
receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of
its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses
acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)
10
11
e
f
g
(i) a person who directly or indirectly controls, either alone or together with persons described in (ii)
Yes
No
and (iii) below, the governing body of the the supported organization? ................
11g(i)
 
 
(ii) a family member of a person described in (i) above? ......................
11g(ii)
 
 
(iii) a 35% controlled entity of a person described in (i) or (ii) above? ................
11g(iii)
 
 
h
(i)
Name of supported organization 		(ii)
EIN 		(iii)
Type of organization (described on lines 1- 9 above or IRC section (see instructions)) 		(iv)
Is the organization in col. (i) listed in your governing document? 		(v)
Did you notify the organization in col. (i) of your support? 		(vi)
Is the organization in col. (i) organized in the U.S.? 		(vii)
Amount of support?
Yes No Yes No Yes No
Total                  

For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2011
Schedule A (Form 990 or 990-EZ) 2011
Page 2
Part II
Support Schedule for Organizations Described in IRC 170(b)(1)(A)(iv) and 170(b)(1)(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 III. If the organization fails to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year(or fiscal year beginning in) (a) 2007 (b) 2008 (c) 2009 (d) 2010 (e) 2011 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") ....            
2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......            
3 The value of services or facilities furnished by a governmental unit to the organization without charge..            
4 Total. Add lines 1 through 3..            
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.            
Section B. Total Support
Calendar year(or fiscal year beginning in) (a) 2007 (b) 2008 (c) 2009 (d) 2010 (e) 2011 (f) Total
7 Amounts from line 4..            
8 Gross income from interest, dividends, payments received on securities loans, 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. (Explain in Part IV.) Do not include gain or loss from the sale of capital assets..            
11 Total support (Add lines 7 through 10).            
12
12
 
13
Section C. Computation of Public Support Percentage
14
14
 
15
15
 
16a
b
17a
b
18
Schedule A (Form 990 or 990-EZ) 2011
Schedule A (Form 990 or 990-EZ) 2011
Page 3
Part III
Support Schedule for Organizations Described in IRC 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 year beginning in) (a) 2007 (b) 2008 (c) 2009 (d) 2010 (e) 2011 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . 60,527 46,091 69,615 39,999 49,789 266,021
2 Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose...... 26,345 13,638       39,983
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 1 through 5. 86,872 59,729 69,615 39,999 49,789 306,004
7a Amounts included on lines 1, 2, and 3 received from disqualified persons...           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
c Add lines 7a and 7b..            
8 Public Support (Subtract line 7c from line 6.)           306,004
Section B. Total Support
Calendar year (or fiscal year beginning in) (a) 2007 (b) 2008 (c) 2009 (d) 2010 (e) 2011 (f) Total
9 Amounts from line 6... 86,872 59,729 69,615 39,999 49,789 306,004
10a Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. 6,894 5,393 1,868 933 339 15,427
b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.   17,223 15,020 28,903 18,874 80,020
c Add lines 10a and 10b. 6,894 22,616 16,888 29,836 19,213 95,447
11 Net income from unrelated business activities not included in line 10b, 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 IV.)   18,077 17,553 18,500 16,512 70,642
13 Total support (Add lines 9, 10c, 11 and 12.). 93,766 100,422 104,056 88,335 85,514 472,093
14
Section C. Computation of Public Support Percentage
15
15
64.820 %
16
16
66.930 %
Section D. Computation of Investment Income Percentage
17
17
20.220 %
18
18
18.460 %
19a
b
20
Schedule A (Form 990 or 990-EZ) 2011
Schedule A (Form 990 or 990-EZ) 2011
Page 4
Part IV
Supplemental Information. Supplemental Information. Complete this part to provide the explanation required by Part II, line 10; Part II, line 17a or 17b; or Part III, line 12. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
 
Explanation
 
 
 
 
Schedule A (Form 990 or 990-EZ) 2011

Additional Data


Software ID: 11000144
Software Version: 2011v1.5
SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
OMB No. 1545-0047
2011
Open to Public
Inspection
Name of the organization
Buenaventura Art Association
 
Employer identification number

95-6096136
Identifier Return Reference Explanation
Form 990-EZ, General Explanation.1 Part IV-List of Officers and Directors Please Note Christine Beirne Vice President was interium executive director from January, 2012 to June, 2012. She was paid a total of $9,331.00. $4,524 is reported on 990T and $4,807 is reported in Part I line 13 and as compensation Form 990EZ Part IV.
Form 990-EZ, Part II, Line 26.5 Total Liabilities.5 Food Share - Beginning $0 Food Share - Ending $20
Form 990-EZ, Part II, Line 26.4 Total Liabilities.4 Salaries and Wages Payable - Beginning $0 Salaries and Wages Payable - Ending $1544
Form 990-EZ, Part II, Line 26.3 Total Liabilities.3 Due to Customers - Beginning $467 Due to Customers - Ending $0
Form 990-EZ, Part II, Line 26.2 Total Liabilities.2 Security Deposit from Tenant - Beginning $1000 Security Deposit from Tenant - Ending $1000
Form 990-EZ, Part II, Line 26.1 Total Liabilities.1 Sales Tax - Beginning $1633 Sales Tax - Ending $1242
Form 990-EZ, Part II, Line 26.1001 Total Liabilities.1001 Accounts Payable and Accrued Expenses - Beginning $253 Accounts Payable and Accrued Expenses - Ending $0
Form 990-EZ, Part II, Line 24.1 Other Assets.1 Assets reported on 990T - Beginning $74008 Assets reported on 990T - Ending $65910
Form 990-EZ, Part II, Line 24.1011 Other Assets.1011 Prepaid Expenses and Deferred Charges - Beginning $1787 Prepaid Expenses and Deferred Charges - Ending $1170
Form 990-EZ, Part II, Line 24.1004 Other Assets.1004 Miscellaneous - Beginning $255 Miscellaneous - Ending $992
Form 990-EZ, Part II, Line 24.1003 Other Assets.1003 Machinery and Equipment - Beginning $0 Machinery and Equipment - Ending $1982
Form 990-EZ, Part I, Line 20.1 Other Changes In Net Assets Or Fund Balances - Other Decreases.1 990T Expenses $59055
Form 990-EZ, Part I, Line 16.11 Other Expenses.11 Development Exp $34
Form 990-EZ, Part I, Line 16.10 Other Expenses.10 Art Assoc Exp $312
Form 990-EZ, Part I, Line 16.9 Other Expenses.9 Dues & Subscription $338
Form 990-EZ, Part I, Line 16.8 Other Expenses.8 Misc $396
Form 990-EZ, Part I, Line 16.7 Other Expenses.7 Payroll Processing Fee $523
Form 990-EZ, Part I, Line 16.6 Other Expenses.6 Tax & License $1231
Form 990-EZ, Part I, Line 16.5 Other Expenses.5 Repairs & Maintenance $1355
Form 990-EZ, Part I, Line 16.3 Other Expenses.3 Bank Fees $2058
Form 990-EZ, Part I, Line 16.2 Other Expenses.2 Scholarships awarded $5154
Form 990-EZ, Part I, Line 16.1 Other Expenses.1 Programs Operation Exp $6866
Form 990-EZ, Part I, Line 16.1012 Other Expenses.1012 Insurance $1608
Form 990-EZ, Part I, Line 16.1009 Other Expenses.1009 Depreciation $4868
Form 990-EZ, Part I, Line 16.1003 Other Expenses.1003 Information Technology $684
Form 990-EZ, Part I, Line 16.1002 Other Expenses.1002 Office Expenses $2231
Form 990-EZ, Part I, Line 16.1001 Other Expenses.1001 Advertising and Promotion $3467
    Client Note 1 -
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2011

Additional Data


Software ID: 11000144
Software Version: 2011v1.5