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.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
THE NATIONAL ARTS PROGRAM FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)701 PROVIDENCE ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MALVERN, PA19355
A Employer identification number

23-2272057
B Telephone number (see instructions)

(610) 408-9600
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$17,817,613J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 750 750 750
4 Dividends and interest from securities... 266,014 266,014 266,014
5a Gross rents............ 204,016 204,016 204,016
b Net rental income or (loss) 85,053
6a Net gain or (loss) from sale of assets not on line 10 174,677
b Gross sales price for all assets on line 6a 1,012,379
7 Capital gain net income (from Part IV, line 2)... 174,677
8 Net short-term capital gain......... 2,081
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 1,548 1,548 1,548
12 Total. Add lines 1 through 11........ 647,005 647,005 474,409
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 166,650 41,662 41,662 124,988
14 Other employee salaries and wages...... 129,640 0 0 129,640
15 Pension plans, employee benefits....... 33,823 8,456 8,456 25,367
16a Legal fees (attach schedule)......... Click to see attachment 500 125 125 375
b Accounting fees (attach schedule)....... Click to see attachment 9,323 2,331 2,331 6,992
c Other professional fees (attach schedule).... Click to see attachment 39,938 39,938 39,938 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 25,604 25,604 25,604 0
19 Depreciation (attach schedule) and depletion... Click to see attachment 55,764 50,680 55,764
20 Occupancy.............. 27,916 12,893 12,893 15,023
21 Travel, conferences, and meetings....... 1,479 0 0 1,479
22 Printing and publications.......... 17,564 0 0 17,564
23 Other expenses (attach schedule)....... Click to see attachment 220,390 68,958 68,958 287,932
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 728,591 250,647 255,731 609,360
25 Contributions, gifts, grants paid....... 136,500 136,500
26 Total expenses and disbursements. Add lines 24 and 25 865,091 250,647 255,731 745,860
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -218,086
b Net investment income (if negative, enter -0-) 396,358
c Adjusted net income (if negative, enter -0-)... 218,678
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
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............. 1,984,901 92,095 92,095
2 Savings and temporary cash investments.........      
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).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet1,942,495
Less: accumulated depreciation (attach schedule) bullet310,873 1,682,302 Click to see attachment1,631,622 1,936,126
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 8,273,613 Click to see attachment8,974,134 8,974,134
14 Land, buildings, and equipment: basis bullet492,810
Less: accumulated depreciation (attach schedule) bullet144,952 352,942 Click to see attachment347,858 388,278
15 Other assets (describe bullet) Click to see attachment6,476,980 Click to see attachment6,426,980 Click to see attachment6,426,980
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 18,770,738 17,472,689 17,817,613
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 attachment25,060 Click to see attachment25,060
23 Total liabilities (add lines 17 through 22)......... 25,060 25,060
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
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 bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 18,745,678 17,447,629
30 Total net assets or fund balances (see instructions)..... 18,745,678 17,447,629
31 Total liabilities and net assets/fund balances (see instructions). 18,770,738 17,472,689
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
18,745,678
2
Enter amount from Part I, line 27a .....................
2
-218,086
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
6,847
4
Add lines 1, 2, and 3 ..........................
4
18,534,439
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,086,810
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
17,447,629
Form 990-PF (2018)
Form 990-PF (2018)
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.)
1 a ARTWORK SALE-HELEN PIG SCULPTURE D 1983-12-20 2018-05-16
b 390 ISHARES CORE MSCI EAFE ETF P 2017-10-30 2018-01-26
c 255 ISHARES RUSSELL TOP 200 GROWTH P 2018-01-26 2018-11-13
d 3,381 BLACKROCK GLBL LONG P 2016-05-31 2018-11-13
e 2,915 DOUBLELINE TOTAL RETURN BD FD P 2013-11-07 2018-11-13
605 ISHARES CORE HIGHT DIV ETF P 2016-05-31 2018-11-13
2,725 ISHARES CORE MSCI EAFE ETF P 2016-05-31 2018-01-26
2,030 PIMCO SENIOR FLOATING RATE FD P 2016-05-31 2018-11-13
655 SELECT SECTOR HEATLH P 2016-05-31 2018-11-13
295 TECHNOLOGY SELECT SECTOR SPDR P 2016-05-31 2018-11-13
509 UNDISCOVERED MGRS BEHAVIOR P 2016-05-31 2018-11-13
26,373 VANGUARD INTERM TERM INV P 2016-05-31 2018-11-13
4,789 VANGUARD SHORT TERM INV P 2016-05-31 2018-09-20
3,475 BLACKROCK HIGH YIELD BD PORT P 2014-12-22 2018-11-13
2,938 METROPOLITAN WEST TOTAL RETURN P 2014-12-22 2018-11-13
CAPITAL GAINS DIVIDENDS P    
(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 75,000   50,000 25,000
b 27,530   25,316 2,214
c 19,950   20,083 -133
d 34,980   34,553 427
e 29,980   31,797 -1,817
54,795   48,260 6,535
192,354   147,887 44,467
19,980   19,888 92
60,053   46,552 13,501
20,134   12,986 7,148
34,980   30,859 4,121
244,723   258,924 -14,201
49,980   51,183 -1,203
25,873   27,387 -1,514
29,980   32,027 -2,047
92,087     92,087
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       25,000
b       2,214
c       -133
d       427
e       -1,817
      6,535
      44,467
      92
      13,501
      7,148
      4,121
      -14,201
      -1,203
      -1,514
      -2,047
      92,087
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 2 174,677
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 2,081
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))
2017 597,167 10,233,618 0.058353
2016 519,497 13,435,262 0.038667
2015 518,290 14,107,751 0.036738
2014 622,773 13,914,527 0.044757
2013 624,669 20,708,471 0.030165
2
Total of line 1, column (d) .....................
2
0.208680
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.041736
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
12,067,014
5
Multiply line 4 by line 3......................
5
503,629
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
3,964
7
Add lines 5 and 6........................
7
507,593
8
Enter qualifying distributions from Part XII, line 4,.............
8
745,860
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 (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
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 3,964
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 0
3 Add lines 1 and 2........................... 3 3,964
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,964
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 1,000
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 2,964
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 2019 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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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
 
 
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)
    bulletPA
    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 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 addressbulletWWW.NATIONALARTSPROGRAM.ORG
    14
    The books are in care ofbulletTHE FOUNDATON Telephone no.bullet (610) 408-9600

    Located atbullet701 PROVIDENCE ROADMALVERNPA ZIP+4bullet19355
    15
    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
    15
     
    16 At any time during calendar year 2018, 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 the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    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 2018?.............
    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 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    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
     
     
    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 2018 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 2018.)..................
    3b
     
     
    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 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (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
     
     
    .........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
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    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
    SILAS MOUNTSIER III BOARD MEMBER
    1.00     		1,000 0 0
    205 RUTGERS PLACE
    NUTLEY,NJ07110
    ROY C CARRIKER BOARD MEMBER
    1.00     		1,000 0 0
    708 HILLVIEW ROAD
    MALVERN,PA19355
    JACQUELINE J SZAFARA EXECUTIVE DIRECTOR
    40.00     		61,650 0 0
    363 N SPRING MILL ROAD
    VILLANOVA,PA19085
    KATHLEEN C JAMIESON PRESIDENT/CHAIRMAN
    40.00     		101,000 0 0
    15 HAVERFORD STATION ROAD
    HAVERFORD,PA19041
    JILL MIRKOVIC TREASURER
    1.00     		1,000 0 0
    305 MAPLE ROW
    NORTHFIELD,IL60093
    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
    MAREN C REID DIRECTOR OF OPERATIO
    40.00     		71,920 0 0
    304 WASHINGTON AVENUE
    DOWNINGTOWN,PA19335
    ROBYN M MCGINLEY DIRECTOR OF PROGRAMS
    40.00     		69,350 0 0
    201 OVERCREEK ROAD
    PHOENIXVILLE,PA19460
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    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.............bullet0
    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 NATIONAL ARTS PROGRAM SPONSORED PROGRAMS THROUGHOUT THE US TO ENCOURAGE THE CREATIVE TALENT IN VISUAL ARTS OF THE EMPLOYEES AND THEIR FAMILIES OF MUNICIPALITIES, COUNTRIES, & COMMERCIAL ORGANIZATIONS 745,860
    2  
    3  
    4  
    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.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    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
    9,815,545
    b
    Average of monthly cash balances.......................
    1b
    110,827
    c
    Fair market value of all other assets (see instructions)................
    1c
    2,324,404
    d
    Total (add lines 1a, b, and c).........................
    1d
    12,250,776
    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
    0
    3
    Subtract line 2 from line 1d.........................
    3
    12,250,776
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    183,762
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    12,067,014
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    603,351
    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.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
     
    b
    Income tax for 2018. (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
    745,860
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    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
    745,860
    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
    3,964
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    741,896
    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 (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 0
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014...... 623,409
    c From 2015...... 518,290
    d From 2016...... 519,497
    e From 2017......  
    fTotal of lines 3a through e........ 1,661,196
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$  
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 0
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 0 0
    (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 1,661,196
    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......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    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) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		1,661,196
    10 Analysis of line 9:
    a Excess from 2014.... 623,409
    b Excess from 2015.... 518,290
    c Excess from 2016.... 519,497
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 2018, enter the date of the ruling....... bullet
    2009-07-06
    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) 2018 (b) 2017 (c) 2016 (d) 2015
    218,678 60,809 68,914 6,917 355,318
    b 85% of line 2a ......... 185,876 51,688 58,577 5,879 302,020
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		745,860 597,472 519,497 518,290 2,381,119
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		0 0 0 0 0
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		745,860 597,472 519,497 518,290 2,381,119
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		         0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		402,234 341,121 447,842 470,254 1,661,451
    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
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    Part XV
    Supplementary Information (Complete this part only if the foundation 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 email address 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 (2018)
    Form 990-PF (2018)
    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
    MINNEAPOLIS-ST PAUL AIRPORT FOUNDATION
    4300 GLUMACK DR STE D2040
    ST PAUL,MN55111     		  NC ART EXHIBITION & CONTEST AWARDS 4,250
    CITY OF PHILADELPHIA-ART IN CITY HALL
    PHILADELPHIA CITY HALL RM 116
    PHILADELPHIA,PA19107     		  NC ART EXHIBITION & CONTEST AWARDS 7,500
    ATLANTIC HEALTH SYSTEM
    100 MADISON AVENUE
    MORRISTOWN,NJ07960     		  NC ART EXHIBITION & CONTEST AWARDS 3,250
    AURORA HEALTH CARE CANCER CARE SERVICES
    2900 W OKLAHOMA AVE
    MILWAUKEE,WI53215     		  NC ART EXHIBITION & CONTEST AWARDS 1,000
    BIBB COUNTY SCHOOL DISTRICT
    TUBMAN MUSEUM 310 CHERRY STREET
    MACON,GA31201     		  NC ART EXHIBITION & CONTEST AWARDS 4,250
    BILLY HORK GALLERIES
    5841 S MARYLAND AVE
    CHICAGO,IL60637     		  NC ART EXHIBITION & CONTEST AWARDS 4,250
    PINELLAS COUNTY BOARD OF COMMISSIONERS
    400 S FORT HARRISON AVE
    CLEARWATER,FL33756     		  NC ART EXHIBITION & CONTEST AWARDS 3,250
    U OF MARYLAND MEDICAL CENTER
    22 S GREENE STREET
    BALTIMORE,MD21201     		  NC ART EXHIBITION & CONTEST AWARDS 5,250
    CARILLION CLINIC FOUNDATION
    213 MCCLANAHAN STREET
    ROANOKE,VA24014     		  NC ART EXHIBITION & CONTEST AWARDS 8,500
    CITY OF BOSTON
    BOSTON CITY HALL 8TH FLOOR
    BOSTON,MA02201     		  GOV ART EXHIBITION & CONTEST AWARDS 1,000
    CHARLOTTE-MECKLENBUR COUNTY
    600 E 4TH STREET
    CHARLOTTE,NC28202     		  GOV ART EXHIBITION & CONTEST AWARDS 4,250
    CITY OF LUBBOCK MUNICIPAL GARDEN & ARTS CENTER
    4215 UNIVERSITY AVENUE
    LUBBOCK,TX79413     		  NC ART EXHIBITION & CONTEST AWARDS 3,250
    CITY OF RALEIGH BLOCK GALLERY
    127 W HARGETT STREET STE 408
    RALEIGH,NJ27601     		  NC ART EXHIBITION & CONTEST AWARDS 4,250
    CITY OF SANTA ROSA FINLEY COMMUNITY CENTER
    2060 WEST COLLEGE AVENUE
    SANTA ROSA,CA95401     		  NC ART EXHIBITION & CONTEST AWARDS 3,250
    COMMUNITY RENEWAL TEAM INC
    CENTINEL HILL HALL 11TH FLOOR
    HARTFORD,CT06103     		  NC ART EXHIBITION & CONTEST AWARDS 4,250
    UNION COUNTY
    633 PEARL STREET
    ELIZABETH,NJ07202     		  GOV ART EXHIBITION & CONTEST AWARDS 4,250
    CUDELL FINE ARTS
    10013 DETROIT AVENUE
    CLEVELAND,OH44102     		  NC ART EXHIBITION & CONTEST AWARDS 3,250
    DELAWARE DIVISION OF THE ARTS
    1200 N DUPONT HIGHWAY
    DOVER,DE19901     		  GOV ART EXHIBITION & CONTEST AWARDS 4,250
    DFW INTERNATIONAL AIRPORT
    2200 SOUTH SERVICE ROAD
    DFW AIRPORT,TX75261     		  NC ART EXHIBITION & CONTEST AWARDS 3,250
    FULTON COUNTY ARTS & CULTURE
    141 PRYOR STREET SW
    ATLANTA,GA30303     		  NC ART EXHIBITION & CONTEST AWARDS 3,250
    GREATER ORLANDO AVIATION AUTHORITY
    1 JEFF FUQUA BLVD
    ORLANDO,FL32827     		  NC ART EXHIBITION & CONTEST AWARDS 3,250
    AMITA HEALTH - HINSDALE HOSPITAL FOUNDATION
    120 NORTH OAK STREET ROOM 2125
    HINSDALE,IL60521     		  NC ART EXHIBITION & CONTEST AWARDS 3,250
    INTOWN MANCHESTER ART FUND
    ONE CITY HALL PLAZA
    MANCHESTER,NH03104     		  NC ART EXHIBITION & CONTEST AWARDS 4,250
    GA HARTSFIELD-JACKSON INTL AIRPORT
    GA HARTSFIELD-JACKSON INTL AIRPORT
    ATLANTA,GA30320     		  NC ART EXHIBITION & CONTEST AWARDS 1,000
    LURIE CHILDREN'S HOSPITAL
    225 E CHICAGO AVE
    CHICAGO,IL60611     		  NC ART EXHIBITION & CONTEST AWARDS 1,000
    OSCEOLA COUNTY ARTS
    2411 E IRLO BRONSON HWY
    KISSIMEE,FL34744     		  NC ART EXHIBITION & CONTEST AWARDS 6,500
    PARKER ARTISTS GUILD
    FRONT RANGE 100 WILCOX STREET
    CASTLE ROCK,CO80104     		  NC ART EXHIBITION & CONTEST AWARDS 4,250
    RENO-TAHOE AIRPORT AUTHORITY
    2001 E PLUMB LANE
    RENO,NV89502     		  NC ART EXHIBITION & CONTEST AWARDS 4,250
    SEMINOLE COUNTY
    1101 E 1ST STREET
    SANFORD,FL32771     		  NC ART EXHIBITION & CONTEST AWARDS 3,250
    CITY OF PITTSBURGH
    414 GRANT STREET
    PITTSBURGH,PA15219     		  NC ART EXHIBITION & CONTEST AWARDS 4,250
    UF HEALTH JACKSONVILLE
    655 W 8TH STREET
    JACKSONVILLE,FL32209     		  NC ART EXHIBITION & CONTEST AWARDS 4,250
    UNIVERSITY OF ARIZONA FOUNDATION
    1501 N CAMPBELL AVENUE
    TUCSON,AZ85724     		  NC ART EXHIBITION & CONTEST AWARDS 4,250
    VCU HEALTH ARTS IN HEALTHCARE
    403 N 13TH STREET
    RICHMOND,VA23298     		  NC ART EXHIBITION & CONTEST AWARDS 4,250
    VENTURA COUNTY ARTS COUNCIL
    646 COUNTY SQUARE DRIVE
    VENTURA,CA93003     		  NC ART EXHIBITION & CONTEST AWARDS 4,250
    VIA METROPOLITAN TRANSIT
    800 W MYRTLE
    SAN ANTONIO,TX78212     		  NC ART EXHIBITION & CONTEST AWARDS 4,250
    Total .................................bullet 3a 136,500
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 ...........     		    14 750  
    4 Dividends and interest from securities....     14 266,014  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 85,053  
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     01 1,548  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 174,677  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 528,042 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    528,042
    (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 (2018)
    Form 990-PF (2018)
    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) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    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) (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 name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    THE NATIONAL ARTS PROGRAM FOUNDATION
    EIN:
    23-2272057
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 9,323 2,331 2,331 6,992

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

    TY 2018 DepreciationSchedule
    Name:
    THE NATIONAL ARTS PROGRAM FOUNDATION
    EIN:
    23-2272057
    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
    701 RESIDENTIAL BUILDING 2009-01-02 225,000 51,921 SL 39.000000000000 5,769 5,769 5,769  
    701 RESIDENTIAL IMPROVEMENTS 2009-01-02 40,528 9,351 SL 39.000000000000 1,039 1,039 1,039  
    701 RESIDENTIAL LAND 2009-01-02 125,000   L   0 0 0  
    701 RESIDENTIAL F&F CLOSETS 2011-11-20 4,900 4,258 SL 7.000000000000 642 642 642  
    701 RESIDENTIAL F&F STOVE TOP 2011-12-05 1,469 1,277 SL 7.000000000000 192 192 192  
    701 RESIDENTIAL FUEL TANK 2015-02-20 4,250 2,391 SL 7.000000000000 607 607 607  
    701 RESIDENTIAL GENERATOR 2015-01-29 6,684 3,761 SL 7.000000000000 955 955 955  
    701 RESIDENTIAL BLDG IMPROVEMENTS 16 2016-11-15 126,908 5,192 SL 27.500000000000 4,615 4,615 4,615  
    701 RESIDENTIAL DECK 16 2016-04-12 5,187 323 SL 27.500000000000 189 189 189  
    101 CHURCH ROAD PROPERTY 2013-01-01 1,300,000 166,665 SL 39.000000000000 33,333 33,333 33,333  
    101 CHURCH ROAD RENOVATION COSTS 2013-03-01 79,432 9,845 SL 39.000000000000 2,037 2,037 2,037  
    101 CHURCH ROAD FENCING 2013-12-31 15,231 4,060 SL 15.000000000000 1,015 1,015 1,015  
    101 CHURCH ROAD WINDOWS 2013-12-31 7,906 1,149 SL 27.500000000000 287 287 287  
    701 COMMERICAL BUILDING 2009-01-02 150,000 34,599 SL 39.000000000000 3,846 0 3,846  
    701 COMMERICAL LAND 2006-06-29 190,000   L   0 0 0  
    701 COMMERCIAL F&F 88 1988-10-31 4,900 4,900 SL 7.000000000000 0 0 0  
    701 COMMERCIAL F&F 95 1995-04-30 8,700 8,700 SL 7.000000000000 0 0 0  
    701 COMMERCIAL F&F 99 1999-07-01 1,887 1,887 SL 5.000000000000 0 0 0  
    701 COMM OFF EQP SOFTWARE 2002-08-15 772 772 SL 3.000000000000 0 0 0  
    701 COMM OFF EQP COMPUTER 2004-10-31 1,646 1,646 SL 5.000000000000 0 0 0  
    701 COMM OFF EQP COMPUTER 2005-09-30 1,811 1,811 SL 5.000000000000 0 0 0  
    701 COMM OFF EQP ELEC CUTTER 2006-02-07 8,349 8,349 SL 5.000000000000 0 0 0  
    701 COMM OFF EQP COMPUTER 2006-04-26 1,385 1,385 SL 5.000000000000 0 0 0  
    701 COMM OFF EQP PHONE 2006-06-29 251 251 SL 5.000000000000 0 0 0  
    701 COMM OFF EQP 06 2006-06-29 40,882 40,882 SL 7.000000000000 0 0 0  
    701 COMM OFF EQP COMPUTER 2006-06-29 3,234 3,234 SL 5.000000000000 0 0 0  
    701 COMM F&F 09 2009-01-19 12,700 12,700 SL 7.000000000000 0 0 0  
    701 COMM F&F 09 2009-01-28 5,295 5,295 SL 7.000000000000 0 0 0  
    701 COMM F&F 09 2009-02-11 6,000 6,000 SL 7.000000000000 0 0 0  
    701 COMM F&F 09 2009-02-18 6,300 6,300 SL 7.000000000000 0 0 0  
    701 COMM F&F 09 2009-03-23 420 420 SL 7.000000000000 0 0 0  
    701 COMMERCIAL BLDG DECK 16 2016-07-15 11,226 420 SL 39.000000000000 288 0 288  
    701 COMMERICAL SEPTIC SYSTEM 2017-09-05 37,052 317 SL 39.000000000000 950 0 950  

    TY 2018 InvestmentsLandSchedule2
    Name:
    THE NATIONAL ARTS PROGRAM FOUNDATION
    EIN:
    23-2272057
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    701 RESIDENTIAL BUILDING 225,000 57,690 167,310 225,000
    701 RESIDENTIAL IMPROVEMENTS 40,528 10,390 30,138 40,528
    701 RESIDENTIAL LAND 125,000 0 125,000 125,000
    701 RESIDENTIAL F&F CLOSETS 4,900 4,900 0 0
    701 RESIDENTIAL F&F STOVE TOP 1,469 1,469 0 0
    701 RESIDENTIAL FUEL TANK 4,250 2,998 1,252 4,250
    701 RESIDENTIAL GENERATOR 6,684 4,716 1,968 6,684
    701 RESIDENTIAL BLDG IMPROVEMENTS 16 126,908 9,807 117,101 126,908
    701 RESIDENTIAL DECK 16 5,187 512 4,675 5,187
    101 CHURCH ROAD PROPERTY 1,300,000 199,998 1,100,002 1,300,000
    101 CHURCH ROAD RENOVATION COSTS 79,432 11,882 67,550 79,432
    101 CHURCH ROAD FENCING 15,231 5,075 10,156 15,231
    101 CHURCH ROAD WINDOWS 7,906 1,436 6,470 7,906

    TY 2018 InvestmentsOtherSchedule2
    Name:
    THE NATIONAL ARTS PROGRAM FOUNDATION
    EIN:
    23-2272057
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CHARLES SCHWAB INVESTMENTS FMV 8,634,226 8,634,226
    HARVEST MLP INCOME FUND FMV 339,908 339,908

    TY 2018 LandEtcSchedule2
    Name:
    THE NATIONAL ARTS PROGRAM FOUNDATION
    EIN:
    23-2272057
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    701 COMMERICAL BUILDING 150,000 38,445 111,555 150,000
    701 COMMERICAL LAND 190,000 0 190,000 190,000
    701 COMMERCIAL F&F 88 4,900 4,900 0  
    701 COMMERCIAL F&F 95 8,700 8,700 0  
    701 COMMERCIAL F&F 99 1,887 1,887 0  
    701 COMM OFF EQP SOFTWARE 772 772 0  
    701 COMM OFF EQP COMPUTER 1,646 1,646 0  
    701 COMM OFF EQP COMPUTER 1,811 1,811 0  
    701 COMM OFF EQP ELEC CUTTER 8,349 8,349 0  
    701 COMM OFF EQP COMPUTER 1,385 1,385 0  
    701 COMM OFF EQP PHONE 251 251 0  
    701 COMM OFF EQP 06 40,882 40,882 0  
    701 COMM OFF EQP COMPUTER 3,234 3,234 0  
    701 COMM F&F 09 12,700 12,700 0  
    701 COMM F&F 09 5,295 5,295 0  
    701 COMM F&F 09 6,000 6,000 0  
    701 COMM F&F 09 6,300 6,300 0  
    701 COMM F&F 09 420 420 0  
    701 COMMERCIAL BLDG DECK 16 11,226 708 10,518 11,226
    701 COMMERICAL SEPTIC SYSTEM 37,052 1,267 35,785 37,052


    TY 2018 LegalFeesSchedule
    Name:
    THE NATIONAL ARTS PROGRAM FOUNDATION
    EIN:
    23-2272057
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 500 125 125 375


    TY 2018 OtherAssetsSchedule
    Name:
    THE NATIONAL ARTS PROGRAM FOUNDATION
    EIN:
    23-2272057
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ART COLLECTION 6,476,980 6,426,980 6,426,980


    TY 2018 OtherDecreasesSchedule
    Name:
    THE NATIONAL ARTS PROGRAM FOUNDATION
    EIN:
    23-2272057
    Description Amount
    UNREALIZED CAPITAL LOSSES 1,086,810


    TY 2018 OtherExpensesSchedule
    Name:
    THE NATIONAL ARTS PROGRAM FOUNDATION
    EIN:
    23-2272057
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AWARDS & SCHOLARSHIPS 27,417 0 0 163,917
    REPAIRS & MAINTENANCE 23,303 0 0 23,303
    INSURANCE 8,773 0 0 8,773
    TECHNOLOGY 20,817 0 0 20,817
    OFFICE EXPENSE 44,772 0 0 44,772
    PROMOTIONAL EXPENSES 26,200 0 0 26,200
    SCHEDULE K-1 ORDINARY LOSS 34,788 34,788 34,788 0
    BANK FEES 150 0 0 150
    REPAIRS & MAINT-701 PROVIDENCE 15,368 15,368 15,368 0
    INSURANCE-701 PROVIDENCE 2,953 2,953 2,953 0
    REPAIRS & MAINT-418 DUTTON CHURCH 3,900 3,900 3,900 0
    INSURANCE-101 CHURCH 6,938 6,938 6,938 0
    REPAIRS & MAINT-101 CHURCH 5,011 5,011 5,011 0


    TY 2018 OtherIncomeSchedule2
    Name:
    THE NATIONAL ARTS PROGRAM FOUNDATION
    EIN:
    23-2272057
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MACMILLAN ROYALTY INCOME 1,548 1,548 1,548


    TY 2018 OtherIncreasesSchedule
    Name:
    THE NATIONAL ARTS PROGRAM FOUNDATION
    EIN:
    23-2272057
    Description Amount
    US TAX REFUND 6,847


    TY 2018 OtherLiabilitiesSchedule
    Name:
    THE NATIONAL ARTS PROGRAM FOUNDATION
    EIN:
    23-2272057
    Description Beginning of Year - Book Value End of Year - Book Value
    SECURITY DEPOSITS 25,060 25,060


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE NATIONAL ARTS PROGRAM FOUNDATION
    EIN:
    23-2272057
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 39,570 39,570 39,570 0
    PROFESSIONAL FEES-101 CHURCH 368 368 368 0


    TY 2018 ReasonableCauseExplanation
    Name:
    THE NATIONAL ARTS PROGRAM FOUNDATION
    EIN:
    23-2272057
    Explanation:
    TAX PREPARER'S SOFTWARE COMPANY, WOLTERS KLUER - CCH PROSYSTEM WAS DOWN FOR A WEEK DUE TO A RANSOMWARE ATTACK. AS A RESULT, THE EXTENSION REQUEST FORM 8868 FAILED TO TRANSMIT PROPERLY. THIS FAILURE WAS DISCOVERED AFTER THE 5/15/19 DUE DATE.

    TY 2018 TaxesSchedule
    Name:
    THE NATIONAL ARTS PROGRAM FOUNDATION
    EIN:
    23-2272057
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 4,752 4,752 4,752 0
    PROPERTY TAXES-701 PROVIDENCE 6,615 6,615 6,615 0
    PROPERTY TAXES-101 CHURCH 14,237 14,237 14,237 0