Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 341,980 | 435,636 | 340,885 | 452,190 | 251,734 | 1,822,425 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 341,980 | 435,636 | 340,885 | 452,190 | 251,734 | 1,822,425 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | 1,603,576 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 218,849 | |||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 341,980 | 435,636 | 340,885 | 452,190 | 251,734 | 1,822,425 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 3,207 | 2,124 | 1,247 | 12,254 | 6,872 | 25,704 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | 1,848,129 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
|||||
| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by .035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | ||
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
||
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | ||
| 4 Amounts paid to acquire exempt-use assets | ||
| 5 Qualified set-aside amounts (prior IRS approval required) | ||
| 6 Other distributions (describe in Part VI). See instructions | ||
| 7Total annual distributions. Add lines 1 through 6. | ||
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
||
| 9 Distributable amount for 2019 from Section C, line 6 | ||
| 10 Line 8 amount divided by Line 9 amount | ||
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2019 |
(iii) Distributable Amount for 2019 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2019 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2019 (reasonable cause required-- explain in Part VI). See instructions. |
||||
| 3 Excess distributions carryover, if any, to 2019: | ||||
| a From 2014....... | ||||
| b From 2015....... | ||||
| c From 2016....... | ||||
| d From 2017....... | ||||
| e From 2018....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2019 distributable amount | ||||
|
i
Carryover from 2014 not applied (see instructions) |
||||
| j Remainder. Subtract lines 3g, 3h, and 3i from 3f. | ||||
| 4Distributions for 2019 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2019 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from 4. | ||||
|
5
Remaining underdistributions for years prior to 2019, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
||||
|
6
Remaining underdistributions for 2019. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
||||
|
7 Excess distributions carryover to 2020. Add lines 3j and 4c. |
||||
| 8 Breakdown of line 7: | ||||
| a Excess from 2015..... | ||||
| b Excess from 2016..... | ||||
| c Excess from 2017..... | ||||
| d Excess from 2018..... | ||||
| e Excess from 2019..... | ||||
| Facts And Circumstances Test |
|---|
| THE ORGANIZATION IS ORGANIZED AND IS OPERATED WITH THE INTENTION OF ATTRACTING NEW AND ADDITIONAL PUBLIC AND/OR GOVERNMENTAL SUPPORT ON A CONTINUOUS BASIS AND IS IN THE PROCESS OF SETTING UP A BONA FIDE PROGRAM. THE FOLLOWING INFORMATION IS PROVIDED PURSUANT TO REG. SEC. 1.170A-9(F)(3): THE ORGANIZATION WAS FIRST FORMED IN LATE 2012. FROM 2013 THROUGH 2018, IT HAS FOCUSED ITS EFFORTS ON: 1.LOCATING, ACQUIRING AND IMPROVING ADEQUATE SPACE FOR THE EXHIBITION OF THE MUSEUM COLLECTION. THE MUSEUM BUILDING, A FORMER COUNTY LIBRARY, WAS INITIALLY ACQUIRED IN 2013. AT THE TIME OF ITS ACQUISITION, THE EXISTING TENANT, THE CUYAHOGA COUNTY LIBRARY, HAD RIGHTS TO THE SPACE THROUGH OCTOBER 1, 2015. UPON VACATING THE SPACE, THE ORGANIZATION TOOK POSSESSION AND BEGAN THE TASK OF CLEANING OUT THE BUILDING AND SURVEYING THE SITE FOR THE RENOVATION WORK THAT NEEDED TO BE DONE. THIS WORK TOOK MORE THAN 3 YEARS TO COMPLETE. THE MAIN REPAIRS AND RENOVATION WERE COMPLETED IN LATE FALL 2018 WHICH ALLOWED THE ORGANIZATION TO OPEN TO THE PUBLIC ON A LIMITED BASIS IN JANUARY 2019. 2.DOCUMENTING AND CATALOGING THE BASE COLLECTION. THIS VERY ARDUOUS AND TIME-CONSUMING STEP COMMENCED IN 2013 AND IS ONGOING. 3.SOLICITING AND ACQUIRING ADDITIONAL MUSEUM PIECES FROM THE GENERAL PUBLIC. THE ORGANIZATION HAS HAD A MODICUM OF SUCCESS THROUGH 2019 AND EXPECTS ADDITIONAL OUTSIDE SUPPORT ONCE THE MUSEUM IS FULLY OPERATIONAL. 4.REPAIRING EXISTING AND DONATED PIECES FOR ULTIMATE DISPLAY. THESE EFFORTS ARE ONGOING. BEFORE MAJOR FUNDRAISING CAN BEGIN, MUSEUM OPERATIONS MUST BE SUBSTANTIALLY IN PLACE SO THAT POTENTIAL DONORS AND PUBLIC SUPPORT PROVIDERS CAN SEE THAT THE ORGANIZATION IS CLEARLY ESTABLISHED AND OPERATING TO THE PUBLIC. WITH THE FACILITY OPERATIONAL IN EARLY 2019, THE ORGANIZATION CAN BEGIN PRELIMINARY FUNDRAISING ACTIVITIES. IN THE FIRST YEAR BEING OPEN TO THE PUBLIC, THE ORGANIZATION IS WORKING TO SECURE SMALL ANNUAL ENDOWMENTS FROM SELECT INDIVIDUALS AND FOUNDATIONS TO ESTABLISH A BASE OF FUND-RAISING ACTIVITIES. THIS INITIAL FUNDING WILL ALLOW THE ORGANIZATION TO DEVELOP AND EXECUTE A BROAD RANGE FUNDRAISING THAT WILL SUPPORT THE ONGOING OPERATIONS OF THE FACILITY OVER THE NEXT SEVERAL YEARS. THE ORGANIZATION ANTICIPATES THAT THIS INITIAL EFFORT ALONG WITH THE SMALL DONATIONS RECEIVED BY THE GENERAL PUBLIC VISITING THE FACILITY WILL HELP TO EXPOSE THE ORGANIZATION TO AREAS BEYOND THE LOCAL COMMUNITY AND THUS PROVIDE ADDITIONAL FUND-RAISING OPPORTUNITIES. |
| Return Reference | Explanation |
|---|---|
| PART II, LINE 17A | THE ORGANIZATION IS ORGANIZED AND IS OPERATED WITH THE INTENTION OF ATTRACTING NEW AND ADDITIONAL PUBLIC AND/OR GOVERNMENTAL SUPPORT ON A CONTINUOUS BASIS AND IS IN THE PROCESS OF SETTING UP A BONA FIDE PROGRAM. THE FOLLOWING INFORMATION IS PROVIDED PURSUANT TO REG. SEC. 1.170A-9(F)(3): THE ORGANIZATION WAS FIRST FORMED IN LATE 2012. FROM 2013 THROUGH 2018, IT HAS FOCUSED ITS EFFORTS ON: 1.LOCATING, ACQUIRING AND IMPROVING ADEQUATE SPACE FOR THE EXHIBITION OF THE MUSEUM COLLECTION. THE MUSEUM BUILDING, A FORMER COUNTY LIBRARY, WAS INITIALLY ACQUIRED IN 2013. AT THE TIME OF ITS ACQUISITION, THE EXISTING TENANT, THE CUYAHOGA COUNTY LIBRARY, HAD RIGHTS TO THE SPACE THROUGH OCTOBER 1, 2015. UPON VACATING THE SPACE, THE ORGANIZATION TOOK POSSESSION AND BEGAN THE TASK OF CLEANING OUT THE BUILDING AND SURVEYING THE SITE FOR THE RENOVATION WORK THAT NEEDED TO BE DONE. THIS WORK TOOK MORE THAN 3 YEARS TO COMPLETE. THE MAIN REPAIRS AND RENOVATION WERE COMPLETED IN LATE FALL 2018 WHICH ALLOWED THE ORGANIZATION TO OPEN TO THE PUBLIC ON A LIMITED BASIS IN JANUARY 2019. 2.DOCUMENTING AND CATALOGING THE BASE COLLECTION. THIS VERY ARDUOUS AND TIME-CONSUMING STEP COMMENCED IN 2013 AND IS ONGOING. 3.SOLICITING AND ACQUIRING ADDITIONAL MUSEUM PIECES FROM THE GENERAL PUBLIC. THE ORGANIZATION HAS HAD A MODICUM OF SUCCESS THROUGH 2019 AND EXPECTS ADDITIONAL OUTSIDE SUPPORT ONCE THE MUSEUM IS FULLY OPERATIONAL. 4.REPAIRING EXISTING AND DONATED PIECES FOR ULTIMATE DISPLAY. THESE EFFORTS ARE ONGOING. BEFORE MAJOR FUNDRAISING CAN BEGIN, MUSEUM OPERATIONS MUST BE SUBSTANTIALLY IN PLACE SO THAT POTENTIAL DONORS AND PUBLIC SUPPORT PROVIDERS CAN SEE THAT THE ORGANIZATION IS CLEARLY ESTABLISHED AND OPERATING TO THE PUBLIC. WITH THE FACILITY OPERATIONAL IN EARLY 2019, THE ORGANIZATION CAN BEGIN PRELIMINARY FUNDRAISING ACTIVITIES. IN THE FIRST YEAR BEING OPEN TO THE PUBLIC, THE ORGANIZATION IS WORKING TO SECURE SMALL ANNUAL ENDOWMENTS FROM SELECT INDIVIDUALS AND FOUNDATIONS TO ESTABLISH A BASE OF FUND-RAISING ACTIVITIES. THIS INITIAL FUNDING WILL ALLOW THE ORGANIZATION TO DEVELOP AND EXECUTE A BROAD RANGE FUNDRAISING THAT WILL SUPPORT THE ONGOING OPERATIONS OF THE FACILITY OVER THE NEXT SEVERAL YEARS. THE ORGANIZATION ANTICIPATES THAT THIS INITIAL EFFORT ALONG WITH THE SMALL DONATIONS RECEIVED BY THE GENERAL PUBLIC VISITING THE FACILITY WILL HELP TO EXPOSE THE ORGANIZATION TO AREAS BEYOND THE LOCAL COMMUNITY AND THUS PROVIDE ADDITIONAL FUND-RAISING OPPORTUNITIES. |
| PART II, LINE 17B | THE ORGANIZATION IS ORGANIZED AND IS OPERATED WITH THE INTENTION OF ATTRACTING NEW AND ADDITIONAL PUBLIC AND/OR GOVERNMENTAL SUPPORT ON A CONTINUOUS BASIS AND IS IN THE PROCESS OF SETTING UP A BONA FIDE PROGRAM. THE FOLLOWING INFORMATION IS PROVIDED PURSUANT TO REG. SEC. 1.170A-9(F)(3): THE ORGANIZATION WAS FIRST FORMED IN LATE 2012. FROM 2013 THROUGH 2018, IT HAS FOCUSED ITS EFFORTS ON: 1.LOCATING, ACQUIRING AND IMPROVING ADEQUATE SPACE FOR THE EXHIBITION OF THE MUSEUM COLLECTION. THE MUSEUM BUILDING, A FORMER COUNTY LIBRARY, WAS INITIALLY ACQUIRED IN 2013. AT THE TIME OF ITS ACQUISITION, THE EXISTING TENANT, THE CUYAHOGA COUNTY LIBRARY, HAD RIGHTS TO THE SPACE THROUGH OCTOBER 1, 2015. UPON VACATING THE SPACE, THE ORGANIZATION TOOK POSSESSION AND BEGAN THE TASK OF CLEANING OUT THE BUILDING AND SURVEYING THE SITE FOR THE RENOVATION WORK THAT NEEDED TO BE DONE. THIS WORK TOOK MORE THAN 3 YEARS TO COMPLETE. THE MAIN REPAIRS AND RENOVATION WERE COMPLETED IN LATE FALL 2018 WHICH ALLOWED THE ORGANIZATION TO OPEN TO THE PUBLIC ON A LIMITED BASIS IN JANUARY 2019. 2.DOCUMENTING AND CATALOGING THE BASE COLLECTION. THIS VERY ARDUOUS AND TIME-CONSUMING STEP COMMENCED IN 2013 AND IS ONGOING. 3.SOLICITING AND ACQUIRING ADDITIONAL MUSEUM PIECES FROM THE GENERAL PUBLIC. THE ORGANIZATION HAS HAD A MODICUM OF SUCCESS THROUGH 2019 AND EXPECTS ADDITIONAL OUTSIDE SUPPORT ONCE THE MUSEUM IS FULLY OPERATIONAL. 4.REPAIRING EXISTING AND DONATED PIECES FOR ULTIMATE DISPLAY. THESE EFFORTS ARE ONGOING. BEFORE MAJOR FUNDRAISING CAN BEGIN, MUSEUM OPERATIONS MUST BE SUBSTANTIALLY IN PLACE SO THAT POTENTIAL DONORS AND PUBLIC SUPPORT PROVIDERS CAN SEE THAT THE ORGANIZATION IS CLEARLY ESTABLISHED AND OPERATING TO THE PUBLIC. WITH THE FACILITY OPERATIONAL IN EARLY 2019, THE ORGANIZATION CAN BEGIN PRELIMINARY FUNDRAISING ACTIVITIES. IN THE FIRST YEAR BEING OPEN TO THE PUBLIC, THE ORGANIZATION IS WORKING TO SECURE SMALL ANNUAL ENDOWMENTS FROM SELECT INDIVIDUALS AND FOUNDATIONS TO ESTABLISH A BASE OF FUND-RAISING ACTIVITIES. THIS INITIAL FUNDING WILL ALLOW THE ORGANIZATION TO DEVELOP AND EXECUTE A BROAD RANGE FUNDRAISING THAT WILL SUPPORT THE ONGOING OPERATIONS OF THE FACILITY OVER THE NEXT SEVERAL YEARS. THE ORGANIZATION ANTICIPATES THAT THIS INITIAL EFFORT ALONG WITH THE SMALL DONATIONS RECEIVED BY THE GENERAL PUBLIC VISITING THE FACILITY WILL HELP TO EXPOSE THE ORGANIZATION TO AREAS BEYOND THE LOCAL COMMUNITY AND THUS PROVIDE ADDITIONAL FUND-RAISING OPPORTUNITIES. |
| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE MUSEUM OF AMERICAN PORCELAIN ART("MAPA") WILL RECEIVE CONTRIBUTIONS FROM THE GENERAL PUBLIC AND FROM OTHER PUBLIC CHARITIES. MAPA WILL ALSO RECEIVE CONTRIBUTIONS FROM RICHARD A. BARONE AND POSSIBLY OTHER MEMBERS OF THE BARONE FAMILY BUT A SUBSTANTIAL PART OF ITS SUPPORT WILL COME FROM THE GENERAL PUBLIC AND OTHER CHARITIES. MAPA WILL OPERATE A MUSEUM FOR THE FOLLOWING PURPOSES: 1. TO DISPLAY AND PROMOTE THE INTEREST AND STUDY OF AMERICAN PORCELAIN ART. 2. PROVIDE AND FACILITATE THE STUDY AND ACCUMULATION OF HISTORICAL DATA REGARDING AMERICAN PORCELAIN ART. 3. MAINTAIN A PUBLIC MUSEUM AND LIBRARY REGARDING AMERICAN PORCELAIN ART. 4. CONDUCT PUBLIC CAMPAIGNS OR PRIVATE SOLICITATION FOR CASH CONTRIBUTIONS AND FOR THE ACQUISITION OF ART BY GIFT OR DEVISE. 5. OPERATE AND MAINTAIN THE CORPORATION AS A PUBLIC CHARITABLE INSTITUTION, ORGANIZED EXCLUSIVELY NOT FOR-PROFIT AND EXCLUSIVELY FOR CHARITABLE AND ART RELATED EDUCATIONAL PURPOSES. |
| FORM 990, PAGE 2, PART III, LINE 4D | MAINTAIN A PUBLIC MUSEUM AND LIBRARY REGARDING AMERICAN PORCELAIN ART, TO INCLUDE PROVIDING AND FACILITATING THE STUDY AND ACCUMULATION OF RELATED HISTORICAL DATA. |
| FORM 990, PAGE 6, PART VI, LINE 7A | DIRECTORS ARE APPOINTED BY RICHARD A. BARONE, SOLE MEMBER. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FORM 990 REVIEW IS PERFORMED AT THE ORGANIZATION'S ANNUAL MEETING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | MAPA ADHERES TO THE FOLLOWING CONFLICT OF INTEREST POLICY: ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST IN ANY MATTER RELATED TO MAPA WHICH MAPA'S DIRECTORS, MEMBERS, OR OFFICERS WILL CONSIDER, MUST DISCLOSE SUCH INTEREST. SUCH INTERESTED PERSON MUST ALSO DISCLOSE ALL MATERIAL FACTS CONCERNING SUCH INTERESTS TO THE DIRECTORS, MEMBERS, OR OTHERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. THE INTERESTED PERSONS SHALL NOT HAVE A VOTE WITH RESPECT TO THE CONSIDERATION OF THE MATTER. ADDITIONALLY, THE INTERESTED PERSON SHALL NOT BE PRESENT DURING THE CONSIDERATION OF THE MATTER EXCEPT TO THE EXTENT NECESSARY TO GIVE THE NECESSARY DISCLOSURES. AFTER EXERCISING DUE DILIGENCE, THE DIRECTORS OR OTHERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT SHALL DETERMINE WHETHER MAPA CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF IT IS DETERMINED THAT IT WOULD NOT BE POSSIBLE TO OBTAIN A MORE REASONABLE OR ADVANTAGEOUS TRANSACTION OR ARRANGEMENT, THEN THE PERSONS MAKING THE DETERMINATION MAY, BUT SHALL NOT BE REQUIRED TO, APPROVE THE TRANSACTION OR ARRANGEMENT PURSUANT TO ITS NORMAL VOTING PROCEDURES, EXCEPT THAT THE INTERESTED PERSONAL SHALL NOT BE PRESENT OR HAVE A VOTE. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND COPIES OF TAX RETURNS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. |
| FORM 990, PART IX, LINE 11G | COLLECTION REPAIRS 5,355 0 0 OUTSIDE SERVICES 15,500 0 0 ADVERTISING 10,177 0 0 TOTAL 31,032 0 0 |
| FORM 990, PART XI, LINE 9 | PORTFOLIO MARK-TO-MARKET 25,072 |
| Software ID: | |
| Software Version: |