Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
Name of foundation
THE TOBIN THEATRE ARTS FUND
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 91019   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAN ANTONIO, TX78209
A Employer identification number

74-2921417
B Telephone number (see instructions)

(210) 227-6065
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$62,572,263J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I 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)
Revenue 1 Contributions, gifts, grants, etc., received (attach
schedule).............. 500,000
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 60,178 60,178 60,178
5a Gross rents.............. 35,642 35,642 35,642
b Net rental income or (loss) 2,666
6a Net gain or (loss) from sale of assets not on line 10 19,116
b Gross sales price for all assets on line 6a 238,298
7 Capital gain net income (from Part IV, line 2)... 19,116
8 Net short-term capital gain......... 6,098
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 49,977 49,977 49,977
12 Total. Add lines 1 through 11........ 664,913 164,913 151,895
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 145,768 29,153   116,614
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 41,542 20,771   20,771
c Other professional fees (attach schedule).... Click to see attachment 3,798 3,798    
17 Interest............... 14,187     14,187
18 Taxes (attach schedule) (see instructions)... Click to see attachment 6,918 1,331   4,581
19 Depreciation (attach schedule) and depletion... Click to see attachment 29,370 29,370 29,370
20 Occupancy..............        
21 Travel, conferences, and meetings....... 29,837     29,837
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 193,952 30,679   163,273
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 465,372 115,102 29,370 349,263
25 Contributions, gifts, grants paid........ 135,500 135,500
26 Total expenses and disbursements. Add lines 24 and 25 600,872 115,102 29,370 484,763
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 64,041
b Net investment income (if negative, enter -0-) 49,811
c Adjusted net income (if negative, enter -0-)... 122,525
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
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
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 123,665 163,434 163,434
2 Savings and temporary cash investments.......... 387,937 75,960 75,960
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
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) bullet  
Less: allowance for doubtful accounts bullet        
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)........ 916,061 Click to see attachment1,246,455 1,385,148
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet940,103
Less: accumulated depreciation (attach schedule) bullet250,843 712,763 Click to see attachment689,260 689,260
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet495,823
Less: accumulated depreciation (attach schedule) bullet74,075 288,606 Click to see attachment421,748 421,748
15 Other assets (describe bullet) Click to see attachment18,081,008 Click to see attachment18,046,327 Click to see attachment59,836,713
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 20,510,040 20,643,184 62,572,263
Liabilities 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)......    
22 Other liabilities (describe bullet) Click to see attachment252,314 Click to see attachment321,405
23 Total liabilities (add lines 17 through 22).......... 252,314 321,405
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted................... 20,257,726 20,321,779
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
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    
30 Total net assets or fund balances (see instructions)...... 20,257,726 20,321,779
31 Total liabilities and net assets/fund balances (see instructions).. 20,510,040 20,643,184
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 20,257,726
2 Enter amount from Part I, line 27a..................... 2 64,041
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 97
4 Add lines 1, 2, and 3.......................... 4 20,321,864
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 85
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 20,321,779
Form 990-PF (2014)
Form 990-PF (2014)
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 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(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) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 19,116
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 . . . . . . . . . . . . . . . . 		Bracket 3 6,098
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?
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 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))
2013 698,389 2,825,248 0.24720
2012 601,554 2,868,766 0.20969
2011 561,999 2,832,526 0.19841
2010 589,707 2,746,978 0.21468
2009 585,758 2,521,842 0.23227
2 Total of line 1, column (d) ...................... 2 1.10225
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 0.22045
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 2,567,971
5 Multiply line 4 by line 3....................... 5 566,107
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 498
7 Add lines 5 and 6......................... 7 566,605
8 Enter qualifying distributions from Part XII, line 4.............. 8 484,763
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 (2014)
Form 990-PF (2014)
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 Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 996
hereBulletand 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........................... 3 996
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- ..... 5 996
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a  
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  
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 10
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,006
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
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.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
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$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
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....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
No
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
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?................
    6
    Yes
     
    7
    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..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletTX
    b
    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 .
    8b
    Yes
     
    9
    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 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
    Yes
     
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    11
    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) .............
    11
     
    No
    12
    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).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletASEL & ASSOCIATES PLLC Telephone no.bullet (210) 544-5665
    Located atbullet18618 TUSCANY STONE STE 100SAN ANTONIOTX ZIP+4bullet78258
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, 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 FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    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
    No
    1a
    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?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (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)?.................
    (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.).........
    b
    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 instructions)? ........
    1b
     
    No
    .........bullet
    c
    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 2014?.............
    1c
     
    No
    2
    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)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    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.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 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 2014.)....................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    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 2014?
    4b
     
    No
    5a
    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))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    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)? ......
    5b
     
    No
    .........bullet
    c
    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?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    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
    MEL L WEINGART DIR, CHAIR, CEO
    40.00     		85,852    
    PO BOX 91019
    SAN ANTONIO,TX78209
    LINDA HARDBERGER DIR, SECY
    40.00     		33,083    
    PO BOX 91019
    SAN ANTONIO,TX78209
    ROBERT F PERDZIOLA Director
    10.00     		21,083    
    PO BOX 91019
    SAN ANTONIO,TX78209
    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
    NONE
    Total number of other employees paid over $50,000...................bullet  
    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
    NONE
    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 EXHIBITION AND MAINTENANCE OF ART COLLECTION. 140,414
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    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 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.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,433,570
    b
    Average of monthly cash balances.......................
    1b
    257,499
    c
    Fair market value of all other assets (see instructions)................
    1c
    916,008
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,607,077
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    2,607,077
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    39,106
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,567,971
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    128,399
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
     
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
     
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    484,763
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    484,763
    5
    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).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    484,763
    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 (2014)
    Form 990-PF (2014)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2013     		(c)
    2013     		(d)
    2014
    1 Distributable amount for 2014 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011.......  
    d From 2012.......  
    e From 2013.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$  
    a Applied to 2013, but not more than line 2a  
    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 2014 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2014.    
    (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  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    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 ...........     		 
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013....  
    e Excess from 2014....  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    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 2014, enter the date of the ruling.......bullet
    1999-10-21
    b Check box to indicate whether the organization is a private operating foundation described in section or
    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) 2014 (b) 2013 (c) 2012 (d) 2011
    122,525 130,688 51,945 107,549 412,707
    b 85% of line 2a ......... 104,146 111,085 44,153 91,417 350,801
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		484,763 698,856 601,554 561,999 2,347,172
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		135,500 362,410 243,490 185,400 926,800
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		349,263 336,446 358,064 376,599 1,420,372
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ...... 62,574,078 54,040,829 39,207,987 39,294,449 195,117,343
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		 60,291,892 51,870,072 37,018,286 37,108,991 186,289,241
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		85,599 94,174 95,625 94,417 369,815
    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) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    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).)
    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.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    MEL L WEINGART PRESIDENT
    PO BOX 91019
    SAN ANTONIO,TX782091019
    (210) 227-6065
    bThe form in which applications should be submitted and information and materials they should include:
    REQUEST SHOULD BE ON ORGANIZATION'S LETTERHEAD AND SIGNED BY AN OFFICER OF THE 501(C)(3) ORGANIZATION. INCLUDE SPECIFIC INFORMATION ON THE USE OF THE GRANT MONEY. ORGANIZATIONS MUST SUBMIT IRS EXEMPTION LETTER.
    cAny submission deadlines:
    NO FORMAL DEADLINES FOR SUBMISSION.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THERE ARE NO EXPRESS RESTRICTIONS OR LIMITATIONS OF GRANT AWARDS, AS LONG AS A CHARITABLE PURPOSE IS FULFILLED. GRANT REQUESTS HAVING SPECIFIC FOCUS ON THEATRICAL ARTS, INCLUDING OPERA AND THEATRE STAGE, SET, AND COSTUME DESIGN ARE ENCOURAGED - AS THE PRIMARY FOCUS OF THIS FOUNDATION IS THEATRE AND OPERA ART, DESIGN, AND EDUCATION RELATED THERETO.
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 11
    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)
    aPaid during the year
    MCNAY ART MUSEUM
    6000 NORTH NEW BRAUNFELS
    SAN ANTONIO,TX78209     		NONE PUBLIC CONTRIBUTION 25,000
    THEATRE DEVELOPMENT FUND
    1501 BROADWAY
    NEW YORK,NY10036     		NONE PUBLIC THEATRE ARTS SHARAFF RLBT AWARD UNDERWRITING 45,000
    PLAYWRIGHT HORIZONS
    416 WEST 42ND STREET
    NEW YORK,NY10036     		NONE PUBLIC CONTRIBUTION 9,000
    ARTIST FOUNDATION OF ARTS SAN ANTON
    PO BOX 15797
    SAN ANTONIO,TX78212     		NONE PUBLIC CONTRIBUTION 10,000
    THE CLASSIC THEATRE OF SAN ANTONIO
    1924 FREDERICKSBURG RD
    SAN ANTONIO,TX78201     		NONE PUBLIC CONTRIBUTION 3,000
    THE DALLAS OPERA
    2403 FLORA STREET SUITE 500
    DALLAS,TX75201     		NONE PUBLIC CONTRIBUTION 10,000
    THE OPERA OF SAN ANTONIO
    417 8TH STREET
    SAN ANTONIO,TX78215     		NONE PUBLIC CONTRIBUTION 15,000
    BURAN THEATRE
    704 W 180TH STREET 31
    NEW YORK,NY10033     		NONE PUBLIC CONTRIBUTION 5,000
    MINT THEATRE
    311 WEST 43RD STREET STE 307
    NEW YORK,NY10036     		NONE PUBLIC CONTRIBUTION 4,500
    THE PLAYHOUSE SAN ANTONIO
    800 WEST ASHBY PLACE
    SAN ANTONIO,TX78212     		NONE PUBLIC CONTRIBUTION 3,000
    USITT
    315 SOUTH CROUSE AVENUE STE 200
    SYRACUSE,NY13210     		NONE PUBLIC CONTRIBUTION 6,000
    Total .................................bullet 3a 135,500
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    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
    a
    b
    c
    d
    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....     14 60,178  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 2,666  
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 19,116  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aOTHER INVESTMENT INCOME     14 14,483  
    bROYALTY INCOME     15 35,494  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   131,937  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13131,937
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		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 (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    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
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    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
    2a
    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?...........
    b
    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) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2014)
    Additional Data


    Software ID: 14000265
    Software Version: 2014v5.0


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2014
    Name of the organization
    THE TOBIN THEATRE ARTS FUND
     
    Employer identification number

    74-2921417
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    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
    Special Rules
    ......... 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) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 2
    Name of organization
    THE TOBIN THEATRE ARTS FUND
          		Employer identification number

    74-2921417
    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
     
     

    THE TOBIN ENDOWMENT  
    PO BOX 90869
     
    SAN ANTONIO, TX78209

    		$500,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 3
    Name of organization
    THE TOBIN THEATRE ARTS FUND
          		Employer identification number

    74-2921417
    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) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 4
    Name of organization
    THE TOBIN THEATRE ARTS FUND
          		Employer identification number

    74-2921417
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
    that total more than $1,000 for the year from any one contributor. 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 (c) Use 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 (c) Use 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 (c) Use 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 (c) Use 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) (2014)

    Additional Data


    Software ID: 14000265
    Software Version: 2014v5.0

    TY 2014 AccountingFeesSchedule
    Name:
    THE TOBIN THEATRE ARTS FUND
    EIN: 74-2921417
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ASEL & ASSOCIATES, PLLC 37,046 18,523 0 18,523
    FISHER, HERBST, AND KEMBLE, PC 4,414 2,207 0 2,207
    SWBC AD VALOREM 82 41 0 41

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

    TY 2014 DepreciationSchedule
    Name:
    THE TOBIN THEATRE ARTS FUND
    EIN: 74-2921417
    Software ID:14000265
    Software Version:2014v5.0
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    719 AVENUE E, SAN ANTONIO 2001-09-27 186,000 56,963 SL 40.0000 4,650 4,650 4,650  
    IMPROVEMENTS, 407 AVE E 2003-02-19 5,737 5,012 SL 40.0000 143 143 143  
    417 AVENUE E, SAN ANTONIO 2003-01-01 140,000 38,500 SL 40.0000 3,500 3,500 3,500  
    407 AVENUE E, SAN ANTONIO 2003-01-01 305,000 83,875 SL 40.0000 7,625 7,625 7,625  
    PORCH REPAIR, 417 AVE E 2005-09-30 14,840 3,061 SL 40.0000 371 371 371  
    ACCESSORY BUILDING 2005-09-30 449,479 92,705 SL 40.0000 11,237 11,237 11,237  
    IMPROVEMENTS, 407 AVE E 2006-01-24 5,340 1,060 SL 40.0000 134 134 134  
    ACCESSORY BUILDING 2006-05-11 400 77 SL 40.0000 10 10 10  
    DECK - 417 8TH STREET 2007-08-23 6,333 1,001 SL 40.0000 158 158 158  
    IMPROVEMENTS, 407 AVE E 2007-02-16 5,365 916 SL 40.0000 134 134 134  
    IMPROVEMENTS, 407 AVE E 2007-10-24 2,309 358 SL 40.0000 58 58 58  
    ACCESSORY BUILDING 2008-03-12 5,300 775 SL 40.0000 133 133 133  
    HP COLOR INK OJ 6500 2010-02-26 151 115 SL 5.0000 30 30 30  
    MACBOOK PRO 2010-02-26 2,290 1,756 SL 5.0000 458 458 458  
    COMPUTER 2010-04-19 782 572 SL 5.0000 156 156 156  
    COMPUTER 2010-04-19 46 33 SL 5.0000 9 9 9  
    COMPUTER-DELL INSPIRON 2013-10-17 587 20 SL 5.0000 117      
    PRINTER-HP OFFICEJET PRO 2013-03-29 324 49 SL 5.0000 65      
    INSPIRON COMPUTER 2014-07-09 939   SL 5.0000 94      
    WORKCENTRE 6605 PRINTER 2014-06-19 947   SL 5.0000 95      
    IMPROVEMENTS 2014-11-03 30,050   SL 40.0000 125 125    
    IMPROVEMENTS 2014-11-03 815   SL 40.0000 3 3    
    IMPROVEMENTS 2014-11-24 30,700   SL 40.0000 64 64    
    IMPROVEMENTS 2014-11-24 323   SL 40.0000 1 1    

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    THE TOBIN THEATRE ARTS FUND
    EIN: 74-2921417
    Software ID:14000265
    Software Version:2014v5.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    400 SHS BP PRUDHOE BAY ROYALTY TRUST 45,586 27,056
    3,000 SHS COUNTRYWIDE CAP V NEW TRST PFD 69,516 77,250
    5,000 SHS NUSTAR GROUP HOLDINGS LLC 36,260 172,100
    3,000 SHS PFIZER INC 48,936 93,450
    3,000 SHS AT&T INC 99,548 100,770
    2,600 SHS BLACKROCK FLOATING RATE INCOME 50,108 33,410
    3,200 SHS PIMCO CORPORATE & INCM STRAT 51,686 48,352
    1,500 SHS VANGAURD NATURAL RES LLC REP 25,867 22,605
    1,500 SHS ENERGY TRANSFER PARTNERS 64,268 97,500
    1,500 SHS WILLIAMS PARTNERS LP COMMON 44,472 67,125
    2,500 SHS SUNCOKE ENERGY PARTNERS LTD 45,554 67,825
    147 SHS JP MORGAN CHASE & CO ALERIAN MLP    
    882.951 SHS FIDELITY REAL ESTATE 10,210 10,304
    2,680.490 SHS GOLDMAN SACHS STRG INCOME    
    2,744.559 SHS VIRTUS PREMIUM ALPHA    
    133 SHS ISHARES TR GLOBAL TIMBER FOREST    
    488 SHS VANGAURD FTSE DEVELPED MARKET 19,478 18,485
    436.103 SHS OAKMARK GLOBAL FUND 12,917 12,721
    2182.193 SHS LM BW ABSOLUTE RTRN OPP 27,836 27,125
    371.313 SHS MFS GLOBAL EQUITY FD CLASS 12,517 13,494
    2579.70 SHS RUSSELL MULTI STRGY ALT FUND 26,414 25,230
    714.932 SHS RUSSELL EMERGING MRKTS 13,043 12,132
    4,445.044 SHS RUSSELL TAX EXEMPT CLASS S    
    1,687.972 SHS VANGUARD LT TAX EXEMPT ADM    
    1,127.618 SHS VANGUARD LMTD TAX EXEMPT    
    5000 SHS CAPSTEAD MORTGAGE CORPORATION 121,042 123,900
    4000 SHS ENSCO PLC CL A 209,327 119,800
    192 SHS VANGUARD INDEX FDS 32,274 36,173
    1584.952 SHS RUSSELL GLOBAL INFRAST 19,154 18,877
    6607.372 SHS RUSSELL STRATEGIC BOND 73,479 73,276
    435.3330 SHS RUSSELL US SMALL CAP EQUITY 13,245 13,008
    7444.574 SHS VANGUARD INTERM TRM 73,718 73,180

    TY 2014 InvestmentsLandSchedule2
    Name:
    THE TOBIN THEATRE ARTS FUND
    EIN: 74-2921417
    Software ID:14000265
    Software Version:2014v5.0
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Buildings 484,924 145,906 339,018 339,018
    Miscellaneous 455,179 104,937 350,242 350,242

    TY 2014 LandEtcSchedule2
    Name:
    THE TOBIN THEATRE ARTS FUND
    EIN: 74-2921417
    Software ID:14000265
    Software Version:2014v5.0
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Furniture and Fixtures 197,000 2,000 195,000 195,000
    Machinery and Equipment 12,885 10,269 2,616 2,616
    Buildings 285,938 61,806 224,132 224,132


    TY 2014 OtherAssetsSchedule
    Name:
    THE TOBIN THEATRE ARTS FUND
    EIN: 74-2921417
    Software ID:14000265
    Software Version:2014v5.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ARTWORK - FOR MCNAY AUGMENTATION 84,133 86,638 86,638
    ARTWORK - ON DISPLAY AT THE MCNAY 17,996,875 17,959,689 59,750,075


    TY 2014 OtherDecreasesSchedule
    Name:
    THE TOBIN THEATRE ARTS FUND
    EIN: 74-2921417
    Software ID:14000265
    Software Version:2014v5.0
    Description Amount
       


    TY 2014 OtherExpensesSchedule
    Name:
    THE TOBIN THEATRE ARTS FUND
    EIN: 74-2921417
    Software ID:14000265
    Software Version:2014v5.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ART EXHIBITION EXPENSES 84,829     84,829
    DUES AND SUBSCRIPTIONS 3,218     3,218
    INSURANCE EXPENSE 15,022     15,022
    INVESTMENT EXPENSE 4,981 4,981    
    LECTURE SERIES 2,710     2,710
    OFFICE EXPENSES 1,396     1,396
    PAYROLL PROCESSING 1,969 394   1,575
    POSTAGE & DELIVERY 5,615     5,615
    PUBLICATIONS 465     465
    Rental Expenses 20,660 20,660    
    REPAIRS AND MAINTENANCE 7,612 3,806   3,806
    SECRETARIAL SERVICE 1,670     1,670
    SECURITY 1,366     1,366
    TELEPHONE 4,253     4,253
    TOBIN CURITORIAL INTERN 33,995     33,995
    UTILITIES 4,191 838   3,353


    TY 2014 OtherIncomeSchedule2
    Name:
    THE TOBIN THEATRE ARTS FUND
    EIN: 74-2921417
    Software ID:14000265
    Software Version:2014v5.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INVESTMENT INCOME 14,483 14,483 14,483
    ROYALTY INCOME 35,494 35,494 35,494


    TY 2014 OtherIncreasesSchedule
    Name:
    THE TOBIN THEATRE ARTS FUND
    EIN: 74-2921417
    Software ID:14000265
    Software Version:2014v5.0
    Description Amount
       


    TY 2014 OtherLiabilitiesSchedule
    Name:
    THE TOBIN THEATRE ARTS FUND
    EIN: 74-2921417
    Software ID:14000265
    Software Version:2014v5.0
    Description Beginning of Year - Book Value End of Year - Book Value
    BANK OF SAN ANTONIO 251,847 319,980
    ACCRUED EXCISE TAX 467 1,006
    AMEX   418
    Rounding   1


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    THE TOBIN THEATRE ARTS FUND
    EIN: 74-2921417
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY FEES 3,798 3,798 0 0


    TY 2014 TaxesSchedule
    Name:
    THE TOBIN THEATRE ARTS FUND
    EIN: 74-2921417
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 1,006      
    FOREIGN TAX 186 186    
    PAYROLL TAXES 5,726 1,145   4,581