TY 2013 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter Social Security numbers on this form as it may be made public. By law, the IRS cannot redact the information on the form.
bullet

Information about Form 990-PF and its instructions is at www.irs.gov/form990pf.

OMB No. 1545-0052

2013

Open to Public Inspection

For calendar year 2013, or tax year beginning 01-01-2013 , and ending 12-31-2013

Name of foundation
Contemporary Arts Foundation Inc

% DONALD & MERA RUBELL

Number and street (or P.O. box number if mail is not delivered to street address)311 Lincoln Road Suite 200SuiteRoom/suite

City or town, state or province, country, and ZIP or foreign postal code
Miami Beach, FL33139

A Employer identification number

65-0632809

B Telephone number (see instructions)

(305) 913-1040

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85% test,
check here and attach computation ........... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ......... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$2,101,437J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ......... bullet

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)		(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)		277,909
2	Check
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities......
5a	Gross rents..............		76,000			76,000
b	Net rental income or (loss) 19,532
6a	Net gain or (loss) from sale of assets not on line 10
b	Gross sales price for all assets on line 6a
7	Capital gain net income (from Part IV, line 2)...
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances	75,782
b	Less: Cost of goods sold....	29,634
c	Gross profit or (loss) (attach schedule).....			46,148
11	Other income (attach schedule).......			372,782
12	Total. Add lines 1 through 11........		772,839		0	76,000
13	Compensation of officers, directors, trustees, etc.		106,058				106,058
14	Other employee salaries and wages......		222,879				222,879
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....			14,848			14,848
17	Interest...............		42,606			21,303	21,303
18	Taxes (attach schedule) (see instructions)			37,499		5,931	31,568
19	Depreciation (attach schedule) and depletion...			61,926		15,246
20	Occupancy..............		3,960				3,960
21	Travel, conferences, and meetings.......		16,115				16,115
22	Printing and publications..........		1,362				1,362
23	Other expenses (attach schedule).......			319,694		12,254	307,442
24	Total operating and administrative expenses.
	Add lines 13 through 23..........		826,947		0	54,734	725,535
25	Contributions, gifts, grants paid........		0				0
26	Total expenses and disbursements. Add lines 24 and 25		826,947		0	54,734	725,535
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements		-54,108
b	Net investment income (if negative, enter -0-)				0
c	Adjusted net income (if negative, enter -0-)...					21,266

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2013)

Form 990-PF (2013)

Page 2

Part II		Balance Sheets	Attached schedules and amounts in the description column should be for end-of-year amounts only. (See instructions.)	Beginning of year	End of year
Part II		Balance Sheets		(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............		45,501	-27,688	-27,688
	2	Savings and temporary cash investments..........
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule)........
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........
	14	Land, buildings, and equipment: basis 2,057,207
		Less: accumulated depreciation (attach schedule) 586,781		1,499,823	1,470,426	1,470,426
	15	Other assets (describe )		669,588	669,589	658,699
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)		2,214,912	2,112,327	2,101,437
		17	Accounts payable and accrued expenses..........
18		Grants payable...................
19		Deferred revenue..................
20		Loans from officers, directors, trustees, and other disqualified persons
21		Mortgages and other notes payable (attach schedule)......		1,341,120	1,285,227
22		Other liabilities (describe )		2,599	10,015
23		Total liabilities (add lines 17 through 22)..........		1,343,719	1,295,242
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds		871,193	817,085
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................		871,193	817,085
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................		2,214,912	2,112,327

Part III	Analysis of Changes in Net Assets or Fund Balances
1	Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
	with end-of-year figure reported on prior year’s return)...............	1	871,193
2	Enter amount from Part I, line 27a.....................	2	-54,108
3	Other increases not included in line 2 (itemize)	3
4	Add lines 1, 2, and 3..........................	4	817,085
5	Decreases not included in line 2 (itemize)	5
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	817,085

Form 990-PF (2013)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1a
b
c
d
e

(e) Gross sales price		(f) Depreciation allowed (or allowable)	(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . . . .		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2012	654,135	288,933	2.263968
2011	629,612	133,733	4.707978
2010	595,489	0	0.0
2009	556,910	0	0.0
2008	844,270	1,531	551.450033

2	Total of line 1, column (d) ......................	2	558.421979
3	Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by the number of years the foundation has been in existence if less than 5 years. . .	3	111.684396
4	Enter the net value of noncharitable-use assets for 2013 from Part X, line 5.....	4	857,562
5	Multiply line 4 by line 3.......................	5	95,776,294
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	0
7	Add lines 5 and 6.........................	7	95,776,294
8	Enter qualifying distributions from Part XII, line 4..............	8	725,535
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.

Form 990-PF (2013)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	0
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2
3	Add lines 1 and 2............................	3	0
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-).	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	0
6	Credits/Payments:

a	2013 estimated tax payments and 2012 overpayment credited to 2013	6a	416
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)	6c
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	416
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	416
11	Enter the amount of line 10 to be: Credited to 2014 estimated tax416	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of

the instructions for definition)?............................

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c), and Part XV.

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)?

If "Yes," complete Part XIV.............................

Yes

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names and addresses. Click to see attachment

Yes

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement (see instructions).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

www.rfc.museum

The books are in care of bullet

DONALD & MERA RUBELL Telephone no. bullet

(305) 913-1040

Located at bullet

311 LINCOLN RD SUITE 200Miami BeachFL ZIP+4 bullet

33139

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

16 At any time during calendar year 2013, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country?

16 No

See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the

foreign country bullet

Form 990-PF (2013)

Page 5

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?.........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?.................YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).........YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...

Organizations relying on a current notice regarding disaster assistance check here......... bullet

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2013?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2013, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2013?...............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?.........................YesNo

If "Yes," did it have excess business holdings in 2013 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2013.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2013?

During the year did the foundation pay or incur any amount to:

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?............YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?........................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

Form 990-PF (2013)

Page 6

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
DONALD RUBELL	Director 0	0	0	0
311 Lincoln Road Suite 200 Miami Beach,FL33139	Director 0	0	0	0
MERA RUBELL	DIRECTOR 0	0	0	0
311 LINCOLN ROAD SUITE 200 Miami Beach,FL33139	DIRECTOR 0	0	0	0
JENNIFER RUBELL	DIRECTOR 0	0	0	0
311 LINCOLN ROAD SUITE 200 Miami Beach,FL33139	DIRECTOR 0	0	0	0
JASON RUBELL	DIRECTOR 0	0	0	0
311 LINCOLN ROAD SUITE 200 Miami Beach,FL33139	DIRECTOR 0	0	0	0
MARK COETZE	DIRECTOR 0	0	0	0
1650 James Avenue Miami Beach,FL33139	DIRECTOR 0	0	0	0
JUAN VALADEZ	DIRECTOR 40.0	106,058	0	0
1661 Ashton Court Miami,FL33145	DIRECTOR 40.0	106,058	0	0
LILIANA ZARIF	DIRECTOR 0	0	0	0
311 LINCOLN ROAD Miami Beach,FL33139	DIRECTOR 0	0	0	0
BARRY BRANT	DIRECTOR 0	0	0	0
515 E Las Olas Blvd 15FL Fort Lauderdale,FL33301	DIRECTOR 0	0	0	0
MICHELLE SIMKINS	DIRECTOR 0	0	0	0
510 LAKEVIEW COURT Miami Beach,FL33140	DIRECTOR 0	0	0	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances










Total number of other employees paid over $50,000...................

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.		Expenses
1	THE FOUNDATION OPERATES TO EXHIBIT THE RUBELL FAMILY COLLECTION OF CONTEMPORARY ART ON LOAN AS WELL AS OTHER PRIVATE AND MUSEUM COLLECTIONS AT ITS PRIMARY LOCATION.	217,660
2	THE FOUNDATION PARTICIPATES IN FORMAL EDUCATION OF ART AND ART HISTORY STUDENTS THROUGH CLASSES CONDUCTED AT THE FOUNDATION BY LOCAL HIGH SCHOOLS, COLLEGES & UNIVERSITIES.	507,874
3


4

Form 990-PF (2013)

Page 7

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.		Amount
1


2


All other program-related investments. See page 24 of the instructions.
3

Total. Add lines 1 through 3......................... bullet

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

Average of monthly cash balances.......................

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

Minimum investment return. Enter 5% of line 5..................

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

Tax on investment income for 2013 from Part VI, line 5......

Income tax for 2013. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

Distributable amount before adjustments. Subtract line 2c from line 1............

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,

line 1................................

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b (see instructions).................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2013)

Page 8

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2012	(c) 2012	(d) 2013
1 Distributable amount for 2013 from Part XI, line 7					0
2 Undistributed income, if any, as of the end of 2013:
a Enter amount for 2012 only.......				0
b Total for prior years:2011, 2010, 2009			0
3 Excess distributions carryover, if any, to 2013:
a From 2008.......	845,410
b From 2009.......	557,325
c From 2010.......	595,489
d From 2011.......	629,612
e From 2012.......	654,135
fTotal of lines 3a through e.........		3,281,971
4Qualifying distributions for 2013 from Part
XII, line 4: $ 725,535
a Applied to 2012, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions)......
c Treated as distributions out of corpus (Election required—see instructions).........
d Applied to 2013 distributable amount.....
e Remaining amount distributed out of corpus		725,535
5 Excess distributions carryover applied to 2013.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		4,007,506
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2012. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2013. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2014 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (see instructions) .............
8Excess distributions carryover from 2008 not applied on line 5 or line 7 (see instructions) ...		845,410
9Excess distributions carryover to 2014. Subtract lines 7 and 8 from line 6a ......		3,162,096
10 Analysis of line 9:
a Excess from 2009....	557,325
b Excess from 2010....	595,489
c Excess from 2011....	629,612
d Excess from 2012....	654,135
e Excess from 2013....	725,535

Form 990-PF (2013)

Page 9

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2013, enter the date of the ruling....... bullet

2008-12-22

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2013	(b) 2012	(c) 2011	(d) 2010	(e) Total
	21,266	0	0	0	21,266
b 85% of line 2a .........	18,076	0	0	0	18,076
c Qualifying distributions from Part XII, line 4 for each year listed .....	725,535	654,135	629,612	595,489	2,604,771
d Amounts included in line 2c not used directly for active conduct of exempt activities ...........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....	725,535	654,135	629,612	595,489	2,604,771
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......	2,101,437	1,664,847	1,586,754	107,415	5,460,453
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)	2,142,514	1,619,346	1,531,692	107,415	5,400,967
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...				0	0
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....	0	0	0	0	0
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....	0	0	0	0	0
(3) Largest amount of support from an exempt organization	0	0	0	0	0
(4) Gross investment income	0	0	0	0	0

Part XV

Supplementary Information (Complete this part only if the organization had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

DONALD AND MERA RUBELL

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

NONE

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2013)

Page 10

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year

Total ................................. 3a

bApproved for future payment

Total ................................. 3b

Form 990-PF (2013)

Page 11

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
aPROGRAM FEES					29,297
bVENUE RENTAL					102,537
cEXHIBITION FEES					220,000
dSHIPPING REIMBURSEMENTS					20,948
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ............
4 Dividends and interest from securities....
5 Net rental income or (loss) from real estate:
aDebt-financed property......	531120	19,532
bNot debt-financed property.....
6 Net rental income or (loss) from personal property .............
7 Other investment income.....
8 Gain or (loss) from sales of assets other than inventory .............
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..					46,148
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..		19,532			418,930

13Total. Add line 12, columns (b), (d), and (e)..................

13438,462

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2013)

Page 12

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political

Yes

organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........YesNo

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

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 taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name Firm's address			Firm's EIN
				Phone no.

Form 990-PF (2013)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2013

Name of the organization

Contemporary Arts Foundation Inc

Employer identification number

65-0632809

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, $5,000 or more (in money or
property) from any one contributor. Complete Parts I and II.

Special Rules

For a section 501(c)(3) organization filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi) and received from any one contributor, during the year, a contribution of the
greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For a section 501(c)(7), (8), or (10) organization filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 for use exclusively for religious, charitable,
scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and
III.

For a section 501(c)(7), (8), or (10) organization filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions for use exclusively for religious, charitable, etc., purposes, but these contributions did
not total more than $1,000. If this box is checked, enter here the total contributions that were received during
the year for an exclusively religious, charitable, etc., purpose. Do not complete any of the parts unless the General Rule
applies to this organization because it received nonexclusively religious, charitable, etc., contributions of $5,000 or more
during the year ......................... Arrow Bullet

Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2013)

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Page 2

Name of organization Contemporary Arts Foundation Inc

Part I	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	RUBELL HOTELS 311 LINCOLN ROAD SUITE 200 MIAMI BEACH, FL33139	$24,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
2	ALBION ASSOCIATES LTD 311 LINCOLN ROAD MIAMI BEACH, FL33139	$222,699	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
3	ILLY CAFFE NORTH AMERICA INC 800 WESTCHESTER AVENUE SUITE S440 RYE BROOK, NY10573	$5,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
4	Pierre Jouet Champagne Pernod Ricar 250 Park Avenue New York, NY10177	$21,250	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Page 3

Name of organization Contemporary Arts Foundation Inc

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Page 4

Name of organization
Contemporary Arts Foundation Inc

Employer identification number

65-0632809

Part III

Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet

$
Use duplicate copies of Part III if additional space is needed.

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Additional Data

Software ID:
Software Version:

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2013 DepreciationSchedule

Name:

Contemporary Arts Foundation Inc

EIN: 65-0632809

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense
BOOKS	2002-03-15	483	402	M7	7
BOOKS	2002-04-15	1,115	940	M7	7
BOOKS	2002-05-15	233	195	M7	7
BOOKS	2002-06-15	631	532	M7	7
BOOKS	2002-07-15	175	149	M7	7
BOOKS	2002-11-15	666	577	M7	7
BOOKS	2002-12-15	38	32	M7	7
EQUIPMENT	2002-05-20	330	258	M5	5
EQUIPMENT	2002-05-22	1,877	1,469	M5	5
EQUIPMENT	2002-12-11	4,314	3,506	M5	5
EQUIPMENT	2002-12-31	13,827	11,235	M5	5
BOOKS	2003-07-01	2,551	1,823	M7
EQUIPMENT	2004-07-09	7,200	5,327	M5
EQUIPMENT	2004-08-24	5,500	4,071	M5
EQUIPMENT	2004-12-31	798	591	M5
SECURITY SYSTEM	2004-10-28	22,851	16,908	M5
FURNITURE	2004-05-04	5,000	4,029	M7
FURNITURE	2004-05-04	5,000	4,029	M7
FURNITURE	2004-05-06	921	742	M7
FURNITURE	2004-05-25	2,000	1,613	M7
FURNITURE	2004-05-25	2,000	1,613	M7
FURNITURE	2004-06-01	17,019	13,720	M7
FURNITURE	2004-06-03	6,518	5,254	M7
FURNITURE	2004-07-14	6,319	5,093	M7
FURNITURE	2004-08-11	4,025	3,245	M7
FURNITURE	2004-08-11	4,025	3,245	M7
FURNITURE	2004-09-17	3,265	2,633	M7
FURNITURE	2004-10-12	8,350	6,731	M7
BOOKS	2004-07-01	3,022	2,437	M7
OFFICE EQUIPMENT	2005-06-01	11,547	11,547	M7
COMPUTER EQUIPMENT	2005-06-01	8,568	8,568	M5
FURNITURE	2005-01-14	2,039	2,039	M7
BOOKS	2005-06-03	88	88	M7
BOOKS	2005-08-23	2,343	2,343	M7
BOOKS	2005-06-01	3,237	3,237	M7
EQUIPMENT	2006-04-07	1,030	1,030	M5
EQUIPMENT	2006-05-05	1,580	1,580	M5
EQUIPMENT	2006-05-19	676	676	M5
EQUIPMENT	2006-11-28	296	294	M5
EQUIPMENT	2006-12-31	35,644	35,644	M5
COMPUTER EQUIPMENT	2006-03-30	1,897	1,897	M5
COMPUTER EQUIPMENT	2006-12-31	5,859	5,859	M5
FURNITURE	2006-12-31	831	769	M7		62
BOOKS	2006-01-30	61	59	M7		1
BOOKS	2006-03-17	434	429	M7		5
BOOKS	2006-03-30	53	53	M7
BOOKS	2006-03-30	238	236	M7		2
BOOKS	2006-06-28	25,279	24,434	M7		842
BOOKS	2006-08-25	27	26	M7		1
BOOKS	2006-09-11	5,630	5,319	M7		311
BOOKS	2006-09-18	27	26	M7		1
BOOKS	2006-09-28	65	62	M7		3
BOOKS	2006-10-26	148	137	M7		11
BOOKS	2006-10-30	36	33	M7		3
BOOKS	2006-12-21	1,997	1,843	M7		153
BOOKS	2006-12-31	2,712	2,505	M7		207
EQUIPMENT	2007-04-30	5,697	5,696	M5
EQUIPMENT	2007-07-31	1,349	1,349	M5
EQUIPMENT	2007-10-31	1,644	1,644	M5
COMPUTER EQUIPMENT	2007-05-21	2,421	2,421	M5
COMPUTER EQUIPMENT	2007-07-31	1,386	1,386	M5
COMPUTER EQUIPMENT	2007-08-31	5,627	5,626	M5
COMPUTER EQUIPMENT	2007-09-30	3,550	3,550	M5
COMPUTER EQUIPMENT	2007-11-30	2,635	2,635	M5
COMPUTER EQUIPMENT	2007-12-28	6,854	6,854	M5
FURNITURE	2007-01-31	859	744	M7		77
FURNITURE	2007-05-01	21,404	18,538	M7		1,911
FURNITURE	2007-05-21	12,393	10,734	M7		1,107
FURNITURE	2007-06-27	13,950	12,081	M7		1,246
FURNITURE	2007-06-27	13,950	12,081	M7		1,246
FURNITURE	2007-07-31	6,350	5,499	M7		567
FURNITURE	2007-08-13	13,950	12,081	M7		1,246
FURNITURE	2007-08-13	17,492	15,150	M7		1,562
FURNITURE	2007-08-27	21,759	18,846	M7		1,943
FURNITURE	2007-08-31	2,580	2,234	M7		230
FURNITURE	2007-09-13	2,440	2,115	M7		218
FURNITURE	2007-09-13	4,336	3,756	M7		387
FURNITURE	2007-09-30	1,073	930	M7		96
SECURITY SYSTEM	2007-12-28	1,148	1,147	M5
BOOKS	2007-01-31	118	104	M7		11
BOOKS	2007-04-30	450	389	M7		40
BOOKS	2007-05-21	485	420	M7		43
BOOKS	2007-06-30	2,045	1,771	M7		183
BOOKS	2007-07-31	729	632	M7		65
BOOKS	2007-08-31	702	609	M7		63
EQUIPMENT	2008-02-28	1,514	757	M5
EQUIPMENT	2008-06-27	4,545	2,272	M5
EQUIPMENT	2008-08-21	1,524	762	M5
FURNITURE	2008-02-13	15,207	7,603	M7
FURNITURE	2008-03-31	1,053	526	M7
FURNITURE	2008-09-26	1,270	635	M7
BOOKS	2008-02-13	321	160	M7
BOOKS	2008-02-21	89	44	M7
BOOKS	2008-03-14	322	161	M7
BOOKS	2008-04-25	147	73	M7
BOOKS	2008-05-16	58	29	M7
BOOKS	2008-05-27	70	35	M7
BOOKS	2008-06-27	70	35	M7
BOOKS	2008-07-22	1,628	814	M7
BOOKS	2008-08-21	55	27	M7
BOOKS	2008-09-26	95	47	M7
BOOKS	2008-10-23	154	77	M7
BOOKS	2008-11-28	50	25	M7
BOOKS	2008-12-29	43	21	M7
EQUIPMENT	2009-10-28	3,500	1,750	M5
EQUIPMENT	2009-12-18	780	390	M5
BOOKS	2009-01-22	47	20	M7		2
BOOKS	2009-02-23	36	16	M7		2
BOOKS	2009-03-27	65	28	M7		3
BOOKS	2009-06-18	59	25	M7		3
BOOKS	2009-11-30	105	44	M7		5
BOOKS	2009-12-14	447	188	M7		22
EQUIPMENT	2010-01-29	312	111	M5		18
EQUIPMENT	2010-11-29	3,319	0	M5
EQUIPMENT	2010-12-30	14,941	0	M5
COMPUTER EQUIPMENT	2010-06-25	3,404	1,212	M5		196
COMPUTER EQUIPMENT	2010-11-29	503	0	M5
BOOKS	2010-03-26	263	74	M7		16
SECURITY EQUIPMENT	2011-12-16	4,500	0	M5
WAREHOUSE-BUILDING	2011-12-09	1,148,847	30,685	M39		29,456
BLD IMPROV-WAREHOU	2011-12-21	8,250	221	M39		212
BLD IMPROV-MUSEUM	2011-09-13	15,000	497	M39		385
WAREHOUSE-LAND	2011-12-09	287,212		L
BLD IMPROV-WARHOUS	2012-01-27	11,534	284	M39		296
WAREHOUSE ADDITION	2012-07-10	20,606	243	M39		528
BLD IMPROV-MUSEUM	2012-05-14	30,000	481	M39		769
BLD IMPROVE-MUSEUM	2012-07-10	10,000	118	M39		256
BLD IMPROV-MUSEUM	2012-08-21	7,515	72	M39		193
EQUIPMENT	2012-06-18	6,500	650	M5		1,040
EQUIPMENT	2012-08-21	939	94	M5		150
EQUIPMENT	2012-11-01	1,549	155	M5		248
COMPUTER EQUIPMENT	2012-06-18	576	58	M5		92
BOOKS	2012-03-01	1,836	131	M7		225
BOOKS	2012-04-23	328	23	M7		40
BOOKS	2012-05-31	504	36	M7		62
BOOKS	2012-06-18	1,100	79	M7		135
BOOKS	2012-09-25	115	8	M7		14
BLD IMPROV-MUSEUM	2013-01-02	7,810		M39		192
PARKING-MUSUEM	2013-10-28	7,500		M15		47
EQUIPMENT	2013-04-01	3,153		M5		394
EQUIPMENT	2013-11-27	690		M5		17
EQUIPMENT	2013-12-11	2,365		M5		59
EQUIPMENT	2013-12-19	8,156		M5		204
SECURITY EQUIPMENT	2013-01-03	638		M5		112
SECURITY EQUIPMENT	2013-03-14	1,046		M5		183
SECURITY EQUIPMENT	2013-05-17	1,171		M5		146

- TIN:

TY 2013 InvestmentsLandSchedule2

Name:

Contemporary Arts Foundation Inc

EIN: 65-0632809

Category/ Item	Cost/Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value

- TIN:

TY 2013 LandEtcSchedule2

Name:

Contemporary Arts Foundation Inc

EIN: 65-0632809

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value
BOOKS	483	402	81
BOOKS	1,115	940	175
BOOKS	233	195	38
BOOKS	631	532	99
BOOKS	175	149	26
BOOKS	666	577	89
BOOKS	38	32	6
EQUIPMENT	330	258	72
EQUIPMENT	1,877	1,469	408
EQUIPMENT	4,314	3,506	808
EQUIPMENT	13,827	11,235	2,592
BOOKS	2,551	1,823	728
EQUIPMENT	7,200	5,327	1,873
EQUIPMENT	5,500	4,071	1,429
EQUIPMENT	798	591	207
SECURITY SYSTEM	22,851	16,908	5,943
FURNITURE	5,000	4,029	971
FURNITURE	5,000	4,029	971
FURNITURE	921	742	179
FURNITURE	2,000	1,613	387
FURNITURE	2,000	1,613	387
FURNITURE	17,019	13,720	3,299
FURNITURE	6,518	5,254	1,264
FURNITURE	6,319	5,093	1,226
FURNITURE	4,025	3,245	780
FURNITURE	4,025	3,245	780
FURNITURE	3,265	2,633	632
FURNITURE	8,350	6,731	1,619
BOOKS	3,022	2,437	585
OFFICE EQUIPMENT	11,547	11,547
COMPUTER EQUIPMENT	8,568	8,568
FURNITURE	2,039	2,039
BOOKS	88	88
BOOKS	2,343	2,343
BOOKS	3,237	3,237
EQUIPMENT	1,030	1,030
EQUIPMENT	1,580	1,580
EQUIPMENT	676	676
EQUIPMENT	296	294	2
EQUIPMENT	35,644	35,644
COMPUTER EQUIPMENT	1,897	1,897
COMPUTER EQUIPMENT	5,859	5,859
FURNITURE	831	831
BOOKS	61	60	1
BOOKS	434	434
BOOKS	53	53
BOOKS	238	238
BOOKS	25,279	25,276	3
BOOKS	27	27
BOOKS	5,630	5,630
BOOKS	27	27
BOOKS	65	65
BOOKS	148	148
BOOKS	36	36
BOOKS	1,997	1,996	1
BOOKS	2,712	2,712
EQUIPMENT	5,697	5,696	1
EQUIPMENT	1,349	1,349
EQUIPMENT	1,644	1,644
COMPUTER EQUIPMENT	2,421	2,421
COMPUTER EQUIPMENT	1,386	1,386
COMPUTER EQUIPMENT	5,627	5,626	1
COMPUTER EQUIPMENT	3,550	3,550
COMPUTER EQUIPMENT	2,635	2,635
COMPUTER EQUIPMENT	6,854	6,854
FURNITURE	859	821	38
FURNITURE	21,404	20,449	955
FURNITURE	12,393	11,841	552
FURNITURE	13,950	13,327	623
FURNITURE	13,950	13,327	623
FURNITURE	6,350	6,066	284
FURNITURE	13,950	13,327	623
FURNITURE	17,492	16,712	780
FURNITURE	21,759	20,789	970
FURNITURE	2,580	2,464	116
FURNITURE	2,440	2,333	107
FURNITURE	4,336	4,143	193
FURNITURE	1,073	1,026	47
SECURITY SYSTEM	1,148	1,147	1
BOOKS	118	115	3
BOOKS	450	429	21
BOOKS	485	463	22
BOOKS	2,045	1,954	91
BOOKS	729	697	32
BOOKS	702	672	30
EQUIPMENT	1,514	757	757
EQUIPMENT	4,545	2,272	2,273
EQUIPMENT	1,524	762	762
FURNITURE	15,207	7,603	7,604
FURNITURE	1,053	526	527
FURNITURE	1,270	635	635
BOOKS	321	160	161
BOOKS	89	44	45
BOOKS	322	161	161
BOOKS	147	73	74
BOOKS	58	29	29
BOOKS	70	35	35
BOOKS	70	35	35
BOOKS	1,628	814	814
BOOKS	55	27	28
BOOKS	95	47	48
BOOKS	154	77	77
BOOKS	50	25	25
BOOKS	43	21	22
EQUIPMENT	3,500	1,750	1,750
EQUIPMENT	780	390	390
BOOKS	47	22	25
BOOKS	36	18	18
BOOKS	65	31	34
BOOKS	59	28	31
BOOKS	105	49	56
BOOKS	447	210	237
EQUIPMENT	312	129	183
EQUIPMENT	3,319	0	3,319
EQUIPMENT	14,941	0	14,941
COMPUTER EQUIPMENT	3,404	1,408	1,996
COMPUTER EQUIPMENT	503	0	503
BOOKS	263	90	173
SECURITY EQUIPMENT	4,500	0	4,500
WAREHOUSE-BUILDING	1,148,847	60,141	1,088,706
BLD IMPROV-WAREHOU	8,250	433	7,817
BLD IMPROV-MUSEUM	15,000	882	14,118
WAREHOUSE-LAND	287,212		287,212
BLD IMPROV-WARHOUS	11,534	580	10,954
WAREHOUSE ADDITION	20,606	771	19,835
BLD IMPROV-MUSEUM	30,000	1,250	28,750
BLD IMPROVE-MUSEUM	10,000	374	9,626
BLD IMPROV-MUSEUM	7,515	265	7,250
EQUIPMENT	6,500	1,690	4,810
EQUIPMENT	939	244	695
EQUIPMENT	1,549	403	1,146
COMPUTER EQUIPMENT	576	150	426
BOOKS	1,836	356	1,480
BOOKS	328	63	265
BOOKS	504	98	406
BOOKS	1,100	214	886
BOOKS	115	22	93
BLD IMPROV-MUSEUM	7,810	192	7,618
PARKING-MUSUEM	7,500	47	7,453
EQUIPMENT	3,153	394	2,759
EQUIPMENT	690	17	673
EQUIPMENT	2,365	59	2,306
EQUIPMENT	8,156	204	7,952
SECURITY EQUIPMENT	638	112	526
SECURITY EQUIPMENT	1,046	183	863
SECURITY EQUIPMENT	1,171	146	1,025

- TIN:

TY 2013 OtherAssetsSchedule

Name:

Contemporary Arts Foundation Inc

EIN: 65-0632809

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
DEPOSITS	170	170	170
ARTWORK	669,418	669,419	658,529

- TIN:

TY 2013 OtherExpensesSchedule

Name:

Contemporary Arts Foundation Inc

EIN: 65-0632809

Description	Revenue and Expenses per Books	Adjusted Net Income	Disbursements for Charitable Purposes
ART WORK TREATMENT	11,745		11,745
ART WORK INSTALLATION	8,283		8,283
ART WORK FRAMING	7,502		7,502
AUTOMOBILE EXPENSE	1,944		1,944
BANK SERVICE CHARGES	475		477
CREDIT CARD FEES (VI/MC)	2,114		2,114
COMPUTER EXPENSE	3,870		3,870
DUES AND SUBSCRIPTIONS	283		283
INSURANCE	120,223		120,223
INTERNSHIP PROGRAM FEES	1,916		1,916
LICENSES AND PERMITS	2,528		2,528
LIBRARY SUPPLIES	328		328
OFFICE SUPPLIES & EXPENSE	4,961		4,961
POSTAGE AND DELIVERY	7,334		7,334
PUBLIC REALATIONS & MARKETING	11,730		11,730
STORAGE EXPENSE	2,080		2,080
CONTRACT LABOR	4,953		4,953
PAYROLL PROCESSING FEES	4,084		4,084
TELEPHONE	6,676		6,676
REPAIRS AND MAINTENANCE	47,601		47,601
UTILITIES	44,555		44,555
WAREHOUSE EXPENSES - INSURANCE	16,095	8,047	8,048
WAREHOUSE EXPENSES - R&M	8,414	4,207	4,207

- TIN:

TY 2013 OtherIncomeSchedule2

Name:

Contemporary Arts Foundation Inc

EIN: 65-0632809

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
PROGRAM FEES	29,297
VENUE RENTAL	102,537
EXHIBITION FEES	220,000
Shipping reimbursements	20,948

- TIN:

TY 2013 OtherLiabilitiesSchedule

Name:

Contemporary Arts Foundation Inc

EIN: 65-0632809

Description	Beginning of Year - Book Value	End of Year - Book Value
OTHER LIABILITIES	2,599	10,015

- TIN:

TY 2013 SalesOfInventoryList

Name:

Contemporary Arts Foundation Inc

EIN: 65-0632809

Category	Gross Sales	Cost of Goods Sold	Net (Gross Sales Minus Cost of Goods Sold)
BOOK/CATALOG SALES	75,782		75,782

- TIN:

TY 2013 SubstantialContributorsSch

Name:

Contemporary Arts Foundation Inc

EIN: 65-0632809

Name	Address
Pierre Jouet Champagne Pernod Ricar	250 Park Avenue New York,NY10177

- TIN:

TY 2013 TaxesSchedule

Name:

Contemporary Arts Foundation Inc

EIN: 65-0632809

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
PAYROLL TAXES	25,637			25,637
REAL ESTATE TAXES	11,862		5,931	5,931