Form990-PF

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
CENTURY ARTS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1989
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAG HARBOR, NY11963
A Employer identification number

80-0293886
B Telephone number (see instructions)

(631) 808-3300
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$8,214,778J 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      
4 Dividends and interest from securities... 212,552 212,552  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 207,364
b Gross sales price for all assets on line 6a 501,212
7 Capital gain net income (from Part IV, line 2)... 207,364
8 Net short-term capital gain.........  
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).......      
12 Total. Add lines 1 through 11........ 419,916 419,916  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 145,600 21,840   123,760
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 4,368 655   3,713
16a Legal fees (attach schedule)......... Click to see attachment 1,152 576   576
b Accounting fees (attach schedule)....... Click to see attachment 7,878 3,939   3,939
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 11,190 1,678   9,512
19 Depreciation (attach schedule) and depletion... Click to see attachment 5,541 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 7,046 3,523   3,523
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 52,039 33,612   18,427
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 234,814 65,823   163,450
25 Contributions, gifts, grants paid....... 438,784 438,784
26 Total expenses and disbursements. Add lines 24 and 25 673,598 65,823   602,234
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -253,682
b Net investment income (if negative, enter -0-) 354,093
c Adjusted net income (if negative, enter -0-)...  
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............. 74,312 72,337 72,337
2 Savings and temporary cash investments......... 381,533 134,186 134,186
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 bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 6,962,394 Click to see attachment6,962,006 7,995,596
14 Land, buildings, and equipment: basis bullet50,958
Less: accumulated depreciation (attach schedule) bullet38,299 10,399 Click to see attachment12,659 12,659
15 Other assets (describe bullet) Click to see attachment4,964 Click to see attachment0 Click to see attachment0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,433,602 7,181,188 8,214,778
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 237 237
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment883 Click to see attachment2,151
23 Total liabilities (add lines 17 through 22)......... 1,120 2,388
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........ 12,177,766 12,177,766
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds -4,745,284 -4,998,966
30 Total net assets or fund balances (see instructions)..... 7,432,482 7,178,800
31 Total liabilities and net assets/fund balances (see instructions). 7,433,602 7,181,188
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
7,432,482
2
Enter amount from Part I, line 27a .....................
2
-253,682
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
7,178,800
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
7,178,800
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 215.246 SH - EXPLORE FUND ADMIRAL     2018-10-31
b 135.003 SH - EXPLORE FUND ADMIRAL     2018-12-18
c 28.932 SH - EXPLORE FUND ADMIRAL     2018-12-18
d 217.382 SH - SHORT-TERM INVEST - GR ADM     2018-01-08
e 310.993 SH - SHORT-TERM INVEST - GR ADM     2018-04-02
167.259 SH - SHORT-TERM INVEST - GHR ADM     2018-07-02
163.471 SH - SHORT-TERM INVEST - GR ADM     2018-10-01
196.898 SH - SHORT-TERM INVEST - GR ADM     2018-01-08
107.930 SH - SHORT-TERM INVEST - GR ADM     2018-04-02
252.241 SH - SHORT-TERM INVEST - GR ADM     2018-07-02
262.461 SH - SHORT-TERM INVERST - GR ADM     2018-10-01
396.212 SH - STRATEGIC EQUITY FUND     2018-12-18
75.120 SH - STRATEGIC EQUITY FUND     2018-10-31
19.347 SH - STRATEGIC EQUITY FUND     2018-12-18
33.509 SH - TOTAL BOND MKT INDEX ADM     2018-03-29
4850.570 SH - TOTAL INTL BOND IX ADM     2018-10-31
424.659 SH - TOTAL INTL BOND IX FUND     2018-10-31
2654.933 SH - TOTAL STOCK MKT IDX ADM     2018-10-31
310.226 SH - TOTAL STOCK MKT IDX ADM     2018-10-31
435.847 SH - US GROWTH FUND ADMIRAL     2018-10-31
296.665 SH - US GROWTH FUND ADMIRAL     2018-12-18
37.336 SH - US GROWTH FUND ADMIRAL     2018-12-18
25.969 SH - WINDSOR II FUND ADM     2018-12-18
263.753 SH - WINDSOR II FUND ADM     2018-10-31
453.100 SH - WINDSOR II FUND ADM     2018-12-18
CAPITAL GAIN DISTRIBUTIONS - SHORT TERM     2018-12-31
(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 20,500   14,683 5,817
b 10,656     10,656
c 3,073     3,073
d 2,309   2,331 -22
e 3,269   3,288 -19
1,748   1,762 -14
1,708   1,717 -9
2,091   2,095 -4
1,134   1,135 -1
2,636   2,641 -5
2,743   2,747 -4
10,935     10,935
2,500   2,544 -44
534     534
353     353
105,742   103,114 2,628
9,258   9,283 -25
179,075   86,123 92,952
20,925   21,752 -827
44,500   20,938 23,562
26,207     26,207
3,298     3,298
25,355     25,355
17,500   17,695 -195
1,453     1,453
1,710     1,710
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       5,817
b       10,656
c       3,073
d       -22
e       -19
      -14
      -9
      -4
      -1
      -5
      -4
      10,935
      -44
      534
      353
      2,628
      -25
      92,952
      -827
      23,562
      26,207
      3,298
      25,355
      -195
      1,453
      1,710
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 2 207,364
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  
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      
2016 572,914 8,816,393 0.064983
2015 620,534 9,235,770 0.067188
2014 511,647 9,317,429 0.054913
2013 559,042 9,057,012 0.061725
2
Total of line 1, column (d) .....................
2
0.248809
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
0.062202
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
8,769,072
5
Multiply line 4 by line 3......................
5
545,454
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
3,541
7
Add lines 5 and 6........................
7
548,995
8
Enter qualifying distributions from Part XII, line 4,.............
8
602,234
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 3,541
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 3,541
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 3,541
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 4,248
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 4,248
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 27
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 680
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet680 RefundedBullet 11 0
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)
    bulletNY, AZ
    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
     
    No
    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 addressbulletN/A
    14
    The books are in care ofbulletNICHOLAS WENTWORTH Telephone no.bullet (631) 808-3300

    Located atbulletPO BOX 2695SAG HARBORNY ZIP+4bullet11963
    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
    0
    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
     
     
    ........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
     
    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
     
     
    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
    JUSTINE COMPTON PRESIDENT
    40.00     		72,800 2,184 0
    PO BOX 2695
    SAG HARBOR,NY11963
    NICHOLAS WENTWORTH SECRETARY
    40.00     		72,800 2,184 0
    PO BOX 2695
    SAG HARBOR,NY11963
    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 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  
    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
    8,658,143
    b
    Average of monthly cash balances.......................
    1b
    244,468
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,902,611
    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
    8,902,611
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    133,539
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    8,769,072
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    438,454
    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
    438,454
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    3,541
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,541
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    434,913
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    434,913
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    434,913
    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
    602,234
    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
    602,234
    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
    3,541
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    598,693
    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 7 434,913
    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......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 602,234
    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..... 434,913
    e Remaining amount distributed out of corpus 167,321
    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 5 167,321
    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 ......     		167,321
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018.... 167,321
    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
     
    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
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    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 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
    AMIGOS DE EDUCACION DE ALAMOS
    APDO POSTAL 123
    ALAMOS,SONORA85760
    MX     		NONE ACTIVE TO SUPPORT THE 2018 / 2019 ANA LAURAS BALDERRAMA ZARATE SCHOLARSHIP EDUCATIONAL PROGRAM FOR A WOMAN ATTENDING ITESCA UNIVERSITY IN ALAMOS, SONORA, MEXICO 5,000
    BARD PRISON INITIATIVE (BPI)
    BARD COLLEGE PO BOX 5000
    ANNANDALEONHUDSON,NY126045000     		NONE ACTIVE TO SUPPORT THE BPI LIBERAL ARTS PROGRAM FOR INCARCERATED MEN AND WOMEN TO EARN BARD COLLEGE DEGREE 50,000
    BAY STREET THEATER
    LONG WHARF
    SAG HARBOR,NY11963     		NONE ACTIVE AS A MATCHING GRANT TOWARDS PRODUCTION EXPENSES OF THE STAGED PLAY THE GREAT GATSBY BY F. SCOTT FITZGERALD, AS PART OF THE BAY STREET THEATER PROGRAM LITERATURE LIVE! AFFORDING ACCREDITED STUDENTS OF LONG ISLAND, NEW YORK ACCESS TO THE FREE STUDENT TICKET INITIATIVE 60,000
    CUTCHOGUE-NEW SUFFOLK HISTORICAL COUNCIL
    PO BOX 714
    CUTCHOGUE,NY11935     		NONE ACTIVE FOR THE RESTORATION OF THE 17TH CENTURY THE OLD HOUSE, CUTCHOGUE, LONG ISLAND, NEW YORK 20,000
    GEORGE EASTMAN MUSEUM
    900 EAST AVE
    ROCHESTER,NY14607     		NONE ACTIVE TO FUND THE RESTORATION OF THE SILENT FEATURE FILM JOAN THE WOMAN (1916) DIRECTED BY CECILE B. DEMILLE 100,000
    SAG HARBOR COMMUNITY FOOD PANTRY
    44 UNION ST PO BOX 1241
    SAG HARBOR,NY11963     		NONE ACTIVE TO SUPPORT THE 2018 / 2019 FOOD PANTRY PROGRAM 5,000
    SAG HARBOR WHALING & HISTORICAL MUSEUM
    200 MAIN ST PO BOX 1327
    SAG HARBOR,NY11963     		NONE ACTIVE FOR GENERAL OPERATING SUPPORT 10,000
    THE PARRISH ART MUSEUM
    279 MONTAUK HIGHWAY
    WATER MILL,NY11976     		NONE ACTIVE TO SUPPORT THE EXHIBITION "IMAGE BUILING: HOW PHOTOGRAPHY TRANSFORMS ARCHITECTURE" FROM MARCH 18TH THROUGH JUNE 17TH 2018 75,000
    WIKIMEDIA FOUNDATION
    1 MONTGOMERY ST SUITE 1600
    SAN FRANCISCO,CA94104     		NONE ACTIVE TO SUPPORT THE CREATION AND SHARING OF FREE KNOWLEDGE THROUGH WIKIPEDIA 2,000
    EMERGING ARTISTS THEATRE COMAPNY
    15 W 28TH ST 3RD FL
    NEW YORK,NY10001     		NONE ACTIVE TO SUPPORT THE 2018 NEW WORK SERIES; FEBRUARY 26TH THROUGH MARCH 19TH 2018 10,000
    AMIGOS DE EDUCACION DE ALAMOS
    APDO POSTAL 123
    ALAMOS,SONORA85760
    MX     		NONE ACTIVE TO SUPPORT THE 2018 / 2019 EDUCATIONAL PROGRAM FOR THE DISADVANTAGED CHILDREN SCHOLARSHIP FUND 15,000
    MUNICIPIO DE ALAMOS
    CALLE JUAREZ S/N COLONIA CENTRO
    ALAMOS,SONORA85760
    MX     		NONE ACTIVE TO PURCHASE UNIFORMS FOR 50 CHILDREN OF THE TEAM TORITOS SOCCER TEAM 784
    NATURE AND CULTURE INTERNATIONAL
    1400 MAIDEN LANE
    DEL MAR,CA92014     		NONE ACTIVE TO SUPPORT 2018 DIA DEL JAGUAR EDUCATIONAL FESTIVAL AND OTHER ASSOCIATED OUTREACH PROGRAMS IN ALAMOS, SONORA, MEXICO 10,000
    SCOTTSDALE INTERNATIONAL FILM FESTIVAL
    2101 N 69TH PL
    SCOTTSDALE,AZ85257     		NONE ACTIVE TO SUPPORT THE 2018 FILM FESTIVAL 10,000
    JOHN JERMAIN MEMORIAL LIBRARY
    201 MAIN STREET
    SAG HARBOR,NY11963     		NONE ACTIVE FOR THE FUNDING OF CLASSES IN FRENCH INSTRUCTION, CONVERSATION AND CULTURE FOR ADULTS, MUSIC AND MEMORY CLASSES AND BABY BEATS FOR TODDLERS AND CAREGIVERS, MADE AVAILABLE TO THE PUBLIC WITHOUT CHARGE 15,000
    BARD PRISON INITIATIVE (BPI)
    BARD COLLEGE PO BOX 5000
    ANNANDALEONHUDSON,NY126045000     		NONE ACTIVE TO SUPPORT THE BPI LIBERAL ARTS PROGRAM FOR INCARCERATED WOMEN, TOWARDS ESTABLISHING THE POST OF SITE DIRECTOR FOR THE WOMEN'S PROGRAM AT TACONIC CORRECTIONAL FACILITY, NY AND SUPPORT FOR ASSOCIATED RE-ENTRY PROGRAMS 50,000
    LAS COMADRES DE ALAMOS AC
    CALLE GUADALUPE VICTORIA N5 COLONIA
    CENTRO
    ALAMOS,SONORA85760
    MX     		NONE ACTIVE FOR GENERAL OPERATING SUPPORT TO PROVIDE ASSISTANCE AND FOOD DONATIONS TO APPROXIMATELY 500 NEEDY FAMILIES IN THE MUNICIPALITY OF ALAMOS, SONORA 1,000
    Total .................................bullet 3a 438,784
    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 ...........     		         
    4 Dividends and interest from securities....     14 212,552  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 207,364  
    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).. 0 419,916 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    419,916
    (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:
    CENTURY ARTS FOUNDATION
    EIN:
    80-0293886
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 7,878 3,939   3,939

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

    TY 2018 DepreciationSchedule
    Name:
    CENTURY ARTS FOUNDATION
    EIN:
    80-0293886
    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
    FURNITURE 2006-12-01 4,978 4,977 SL 7.000000000000 0 0    
    ART 2007-09-07 680 680 SL 7.000000000000 0 0    
    OFFICE EQUIPMENT 2007-10-11 507 480 SL 5.000000000000 0 0    
    APPLE COMPUTER 2008-07-14 2,058 2,058 200DB 5.000000000000 0 0    
    APPLE COMPUTER 2008-03-17 1,792 1,792 200DB 5.000000000000 0 0    
    MACMEDIA SOFTWARE 2008-03-17 1,191 1,191 200DB 3.000000000000 0 0    
    PAINTINGS 2008-01-21 2,500   L   0 0    
    PAINTINGS 2008-01-23 3,200   L   0 0    
    ORGANIZATION COSTS 2008-01-01 1,178 790 SL 15.000000000000 79 0    
    ROUTER 2009-03-04 672 672 200DB 5.000000000000 0 0    
    APPLE COMPUTER 2009-04-21 2,934 2,934 200DB 5.000000000000 0 0    
    LOGO DESIGN 2010-11-02 5,000 2,387 SL 15.000000000000 333 0    
    FURNITURE-BINAS 2011-09-30 2,205 2,107 200DB 7.000000000000 98 0    
    FURNITURE-STAPLES 2011-06-17 1,890 1,807 200DB 7.000000000000 83 0    
    OFFICE LIGHTING 2011-08-02 2,677 2,558 200DB 7.000000000000 119 0    
    ORGANIZATION COSTS 2011-08-20 3,400 1,438 SL 15.000000000000 227 0    
    PHONE EQUIPMENT 2012-03-13 282 282 200DB 5.000000000000 0 0    
    COMPUTER 2013-04-30 1,646 1,552 200DB 5.000000000000 94 0    
    APPLE COMP EQ 2011-08-13 2,930 2,930 200DB 5.000000000000 0 0    
    FURNITURE-BINAS 2015-07-20 833 469 200DB 7.000000000000 104 0    
    COMPUTER 2016-11-17 1,600 688 200DB 5.000000000000 365 0    
    COMPUTER 2016-12-28 2,020 869 200DB 5.000000000000 461 0    
    COMPUTER 2017-11-01 1,947 97 200DB 5.000000000000 740 0    
    COMPUTER 2018-10-10 2,838   200DB 5.000000000000 2,838 0    

    TY 2018 InvestmentsOtherSchedule2
    Name:
    CENTURY ARTS FOUNDATION
    EIN:
    80-0293886
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    VANGUARD EXPLORER FD ADM AT COST 114,996 143,370
    VANGUARD IT INVEST GR ADM AT COST 954,454 893,684
    VANGUARD ST INV GR ADM AT COST 602,474 582,184
    VANGUARD STRATEGIC EQ FD AT COST 97,531 142,158
    VANGUARD INTL STK IX ADM AT COST 1,469,319 1,518,174
    VANGUARD TL BD MKT IND ADM AT COST 1,539,698 1,496,919
    VANGUARD TTL STK MKT IND ADM AT COST 570,631 1,309,290
    VANGUARD US GROWTH FD ADM AT COST 191,850 349,238
    VANGUARD WINDSOR II FD ADM AT COST 276,364 336,557
    TTL INT'L BOND IX ADMIRAL AT COST 1,144,689 1,224,022

    TY 2018 LandEtcSchedule2
    Name:
    CENTURY ARTS FOUNDATION
    EIN:
    80-0293886
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    FURNITURE 4,978 4,977 1 1
    ART 680 680 0 0
    OFFICE EQUIPMENT 507 480 27 27
    APPLE COMPUTER 2,058 2,058 0 0
    APPLE COMPUTER 1,792 1,792 0 0
    MACMEDIA SOFTWARE 1,191 1,191 0 0
    PAINTINGS 2,500 0 2,500 2,500
    PAINTINGS 3,200 0 3,200 3,200
    ORGANIZATION COSTS 1,178 869 309 309
    ROUTER 672 672 0 0
    APPLE COMPUTER 2,934 2,934 0 0
    LOGO DESIGN 5,000 2,720 2,280 2,280
    FURNITURE-BINAS 2,205 2,205 0 0
    FURNITURE-STAPLES 1,890 1,890 0 0
    OFFICE LIGHTING 2,677 2,677 0 0
    ORGANIZATION COSTS 3,400 1,665 1,735 1,735
    PHONE EQUIPMENT 282 282 0 0
    COMPUTER 1,646 1,646 0 0
    APPLE COMP EQ 2,930 2,930 0 0
    FURNITURE-BINAS 833 573 260 260
    COMPUTER 1,600 1,053 547 547
    COMPUTER 2,020 1,330 690 690
    COMPUTER 1,947 837 1,110 1,110
    COMPUTER 2,838 2,838 0 0


    TY 2018 LegalFeesSchedule
    Name:
    CENTURY ARTS FOUNDATION
    EIN:
    80-0293886
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 1,152 576   576


    TY 2018 OtherAssetsSchedule
    Name:
    CENTURY ARTS FOUNDATION
    EIN:
    80-0293886
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    INTANGIBLE ASSET 4,964    


    TY 2018 OtherExpensesSchedule
    Name:
    CENTURY ARTS FOUNDATION
    EIN:
    80-0293886
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 7,623 3,811   3,812
    COMPUTER SUPPLIES, SERVICES, STORAGE 1,532 766   766
    OFFICE STORAGE 2,700 1,350   1,350
    MEALS & ENTERTAINMENT 633 316   317
    INVESTMENT EXPENSES 17,637 17,637   0
    OFFICE SUPPLIES 2,578 1,289   1,289
    BANK FEES 464 232   232
    DUES, SUBSCRIPTIONS,REF MATERIALS 2,716 1,358   1,358
    LICENSES & PERMITS 198 99   99
    PROCESSING FEES 1,851 278   1,573
    TELEPHONE EXPENSE 7,158 1,074   6,084
    POSTAGE 277 138   139
    401K ADMINISTRATION 1,656 248   1,408
    FEDERAL EXCISE TAX 5,016 5,016   0


    TY 2018 OtherLiabilitiesSchedule
    Name:
    CENTURY ARTS FOUNDATION
    EIN:
    80-0293886
    Description Beginning of Year - Book Value End of Year - Book Value
    CREDIT CARD PAYABLE 883 2,151


    TY 2018 TaxesSchedule
    Name:
    CENTURY ARTS FOUNDATION
    EIN:
    80-0293886
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 11,190 1,678   9,512