TY 2021 Form 990PF

- TIN:

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

Do not enter social security numbers on this form as it may be made public.
bullet

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021

Name of foundation
RALPH T COE CENTER FOR THE ARTS INC

Number and street (or P.O. box number if mail is not delivered to street address)1590 PACHECO ST STE B
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
SANTA FE, NM875054234

A Employer identification number

20-8705481

B Telephone number (see instructions)

(505) 988-9646

C If exemption application is pending, check here bullet

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

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

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

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

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

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

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

$13,462,312J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)	44,545
2	Check .............
3	Interest on savings and temporary cash investments	171		171	171
4	Dividends and interest from securities...	65,875		65,875	65,875
5a	Gross rents............	20,305		20,305	20,305
b	Net rental income or (loss) 20,305
6a	Net gain or (loss) from sale of assets not on line 10		276,991
b	Gross sales price for all assets on line 6a 685,041
7	Capital gain net income (from Part IV, line 2)...			276,991
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).......		143,984	55,080	55,080
12	Total. Add lines 1 through 11........	551,871		418,422	141,431
13	Compensation of officers, directors, trustees, etc.	103,680		103,680	103,680
14	Other employee salaries and wages......	57,882		28,941	28,941	28,941
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		6,406	5,124	5,124	1,282
c	Other professional fees (attach schedule)....		73,844	36,355	36,355	37,489
17	Interest...............	27,510		27,510	27,510
18	Taxes (attach schedule) (see instructions)...		32,791	28,496	28,496	4,265
19	Depreciation (attach schedule) and depletion...		23,331	22,457	22,457
20	Occupancy..............	101,521		86,997	86,997	14,524
21	Travel, conferences, and meetings.......	11,687				11,687
22	Printing and publications..........
23	Other expenses (attach schedule).......		99,452	20,183	20,183	79,269
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	538,104		359,743	359,743	177,457
25	Contributions, gifts, grants paid.......	0				0
26	Total expenses and disbursements. Add lines 24 and 25	538,104		359,743	359,743	177,457
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	13,767
b	Net investment income (if negative, enter -0-)			58,679
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2021)

Form 990-PF (2021)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	528,484	382,144	382,142
	2	Savings and temporary cash investments.........	174,767	286,049	286,049
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	1,295,377	1,141,327	2,694,382
	c	Investments—corporate bonds (attach schedule).......	675,398	800,398	800,368
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	251,148	230,382	463,655
	14	Land, buildings, and equipment: basis 1,199,530
		Less: accumulated depreciation (attach schedule) 84,976	1,137,885	1,114,554	1,149,194
	15	Other assets (describe )	7,591,152	7,641,669	7,686,522
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	11,654,211	11,596,523	13,462,312
	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)......	735,977	664,801
	22	Other liabilities (describe )	9,088	8,809
	23	Total liabilities (add lines 17 through 22).........	745,065	673,610
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds	10,909,146	10,922,913
	29	Total net assets or fund balances (see instructions).....	10,909,146	10,922,913
	30	Total liabilities and net assets/fund balances (see instructions).	11,654,211	11,596,523

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

10,909,146

Enter amount from Part I, line 27a .....................

13,767

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

10,922,913

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

10,922,913

Form 990-PF (2021)

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	150 ALIBABA GROUP HOLDING	P	2021-03-11	2021-09-21
b	400 ALIBABA GROUP HOLDING	P	2021-05-10	2021-12-03
c	15 ALPHABET INC	P	2014-08-27	2021-04-27
d	10 ALPHABET INC	P	2014-10-17	2021-08-23
e	50 AMERICAN TOWER CORP	P	2014-10-17	2021-08-23
	450 ATT INC COM	P	2017-10-06	2021-02-26
	950 ATT INC COM	P	2017-10-12	2021-02-26
	75 BERKSHIRE HATHAWAY INC CLA A	P	2015-10-22	2021-04-27
	72 BROOKFIELD INFRASTRUCTURE PTR	P	2014-09-03	2021-02-12
	700 BROOKFIELD INFRASTRUCTURE	P	2014-09-03	2021-02-12
	150 CLOROX CO	P	2017-09-29	2021-08-05
	250 COMCAST CORP	P	2015-07-21	2021-08-23
	100 CVS HEALTH CORP	P	2015-04-17	2021-08-23
	200 CVS HELATH CORP	P	2016-11-04	2021-08-23
	75 DANAHER CORPORATION	P	2014-09-25	2021-04-27
	50 DANAHER CORPORATION COM	P	2014-09-25	2021-08-23
	50 WALT DISNEY CO COM	P	2016-02-05	2021-04-27
	50 WALT DISNEY CO COM	P	2016-05-10	2021-04-27
	100 ECOLAB INC	P	2014-10-13	2021-05-10
	100 ECOLAB INC	P	2014-10-13	2021-07-09
	390.564 FIDEILITY OVERSEAS	P	2015-02-26	2021-04-27
	150 FIRST REPUBLIC BANK	P	2014-09-04	2021-04-27
	500 LKQ CORP	P	2014-09-03	2021-04-27
	100 LKQ CORP	P	2014-09-03	2021-08-23
	400 LKQ CORP	P	2014-10-17	2021-08-23
	100 LOWES COMPANIES	P	2014-08-27	2021-08-23
	300 MONDELEZ INTL INC	P	2014-08-25	2021-08-23
	.667 PENNON GROUP OR	P	2018-01-26	2021-07-07
	200 PROGRESSIVE CORP	P	2019-04-25	2021-04-27
	175 SOLARWINDS CORP	P	2019-09-18	2021-09-17
	200 SOLARWINDS CORP	P	2020-02-05	2021-09-14
	75 SOLARWINDS CORP	P	2019-09-18	2021-10-29
	288 SOLARWINDS CORP	P	2019-10-31	2021-10-29
	250 SOLARWINDS CORP	P	2019-09-24	2021-11-01
	112 SOLARWINDS CORP	P	2019-10-31	2021-11-01
	78 TEXAS INSTRUMENTS INC	P	1989-08-09	2021-08-23
	78 TEXAS INSTRUMENTS INC	P	1989-08-09	2021-08-23
	25 THERMOFISHER SCIENTIFIC	P	2014-10-17	2021-08-23
	300 TRIMBLE INC	P	2018-10-25	2021-03-12
	100 TRIMBLE INC	P	2018-10-24	2021-08-23
	300 TRIMBLE INC	P	2018-10-25	2021-08-23
	350 UNILEVER PLD SPON ADR	P	2018-12-27	2021-07-09

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	22,508	36,104	-13,596
b	11,295	22,964	-11,669
c	34,601	8,535	26,066
d	28,398	5,182	23,216
e	14,450	4,658	9,792
	12,637	17,411	-4,774
	26,679	34,312	-7,633
	20,444	10,238	10,206
	4,297	1,560	2,737
	35,476	17,709	17,767
	24,497	19,710	4,787
	14,949	8,021	6,928
	8,495	9,973	-1,478
	16,990	16,479	511
	19,391	4,368	15,023
	16,024	2,912	13,112
	9,253	4,688	4,565
	9,253	4,445	4,808
	22,600	10,913	11,687
	21,264	10,913	10,351
	25,000	16,107	8,893
	27,135	7,372	19,763
	22,850	14,439	8,411
	5,078	2,888	2,190
	20,311	10,531	9,780
	20,681	5,255	15,426
	18,977	10,698	8,279
	11	10	1
	19,962	15,122	4,840
	3,161	4,141	-980
	3,613	4,796	-1,183
	1,210	1,775	-565
	4,645	6,784	-2,139
	3,916	5,731	-1,815
	1,754	2,638	-884
	14,656	202	14,454
	14,280	197	14,083
	13,954	2,810	11,144
	21,941	11,232	10,709
	9,218	3,705	5,513
	27,653	11,232	16,421
	20,805	19,290	1,515

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			-13,596
b			-11,669
c			26,066
d			23,216
e			9,792
			-4,774
			-7,633
			10,206
			2,737
			17,767
			4,787
			6,928
			-1,478
			511
			15,023
			13,112
			4,565
			4,808
			11,687
			10,351
			8,893
			19,763
			8,411
			2,190
			9,780
			15,426
			8,279
			1
			4,840
			-980
			-1,183
			-565
			-2,139
			-1,815
			-884
			14,454
			14,083
			11,144
			10,709
			5,513
			16,421
			1,515

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	276,991
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3	-25,265

Form 990-PF (2021)

Page 4

Part V

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2
3	Add lines 1 and 2...........................	3	816
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	816
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	23
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	839
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax	Refunded	11

Part VI-A

Statements Regarding Activities

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

Yes

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

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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

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

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

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

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

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 XIV..................................

Yes

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

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

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

Yes

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

or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

Yes

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2021)

Page 5

Part VI-A

Statements Regarding Activities (continued)

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

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

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

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website address bullet

WWW.RALPHTCOECENTER.ORG

The books are in care of bullet

RACHEL WIXOM Telephone no. bullet

(505) 988-9646

Located at bullet

1590 PACHECO ST STE BSANTA FENM ZIP+4 bullet

87505

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

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

16 At any time during calendar year 2021, 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 VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

1a(1)

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

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

1a(2)

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

1a(3)

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

1a(4)

(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)? ......................

1a(5)

(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.) ...............

1a(6)

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 ..........

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

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

that were not corrected before the first day of the tax year beginning in 2021? .............

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

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

At the end of tax year 2021, did the foundation have any undistributed income (lines 6d

and 6e, Part XII) for tax year(s) beginning before 2021?....................

If "Yes," list the years bullet

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2021 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 2021.) .....................

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

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

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..

Form 990-PF (2021)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

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

Yes

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

5a(1)

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

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

5a(2)

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

5a(3)

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

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

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

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

5a(5)

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

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........

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

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

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

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

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

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

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

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

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

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

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 VII

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-)
RACHEL DE WIXOM	PRESIDNET, EX OFFICIO 040.00	103,680
2 WHITEWATER COURT SANTA FE,NM87505	PRESIDNET, EX OFFICIO 040.00	103,680
VANESSA ELMORE	SECRETARY 001.00	0
2510 CAMINO PATRICIO SANTA FE,NM87505	SECRETARY 001.00	0
KENNETH JOHNSON	VICE PRESIDENT 001.00	0
PO BOX 23296 SANTA FE,NM87502	VICE PRESIDENT 001.00	0
GERALD G STIEBEL	DIRECTOR 001.00	0
3716 OLD SANTA FE TRAIL SANTA FE,NM87505	DIRECTOR 001.00	0
WILL WILSON	DIRECTOR 001.00	0
2913 CAMINO DEL BOSQUE SANTA FE,NM87507	DIRECTOR 001.00	0
RANDY J BROKESHOULDER	DIRECTOR 001.00	0
996 CALLE VIANSOON APT B SANTA FE,NM87507	DIRECTOR 001.00	0
JESSA RAE GROWING THUNDER	DIRECTOR 001.00	0
1590 PACHECO ST SANTA FE,NM87505	DIRECTOR 001.00	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances










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

Form 990-PF (2021)

Page 7

Part VII

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

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

Part VIII-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	SEE STATEMENT OF DIRECT CHARITABLE ACTIVITIES	0
2


3


4

Part VIII-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	N/A
2


All other program-related investments. See instructions.
3

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

Form 990-PF (2021)

Page 8

Part IX

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

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

purposes:

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

3,824,074

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

685,721

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

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

4,509,795

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

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

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

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

4,509,795

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

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

67,647

Net value of noncharitable-use assets. Subtract line 4 from line 3. .......

4,442,148

Minimum investment return. Enter 5% (0.05) of line 5................

222,107

Part X

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

and do not complete this part.)

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

Tax on investment income for 2021 from Part V, line 5.......

Income tax for 2021. (This does not include the tax from Part V.) ...

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

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

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

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

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

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

Part XI

Qualifying Distributions (see instructions)

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

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

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

Form 990-PF (2021)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2020	(c) 2020	(d) 2021
1 Distributable amount for 2021 from Part X, line 7
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2021:
a From 2016......
b From 2017......
c From 2018......
d From 2019......
e From 2020......
f Total of lines 3a through e ........
4Qualifying distributions for 2021 from Part
XI, line 4: $
a Applied to 2020, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........
d Applied to 2021 distributable amount.....
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2021.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2021. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2022 ..........
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) .......
8 Excess distributions carryover from 2016 not applied on line 5 or line 7 (see instructions) ...
9 Excess distributions carryover to 2022. Subtract lines 7 and 8 from line 6a ......
10 Analysis of line 9:
a Excess from 2017....
b Excess from 2018....
c Excess from 2019....
d Excess from 2020....
e Excess from 2021....

Form 990-PF (2021)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-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 2021, enter the date of the ruling ....... bullet

2012-03-19

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2021	(b) 2020	(c) 2019	(d) 2018	(e) Total
	0				0
b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....	177,457	152,442	248,154	315,299	893,352
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 ....	177,457	152,442	248,154	315,299	893,352
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 IX, line 6 for each year listed ..	148,071	143,563	132,999	146,107	570,740
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 XIV

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

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

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 (2021)

Page 11

Part XIV

Supplementary Information (continued)

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

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

bApproved for future payment

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

Form 990-PF (2021)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
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	171
4 Dividends and interest from securities ....
5 Net rental income or (loss) from real estate:
aDebt-financed property......			16	20,305
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	276,991
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aPROGRAM SERVICE REVENUE			41	2,893	2,893
bSBA EIDL ADVANCE			01	10,000	10,000
cPPP LOAN FORGIVEN			01	47,500	47,500
dPROGRAM SPONSORS			41	28,511	28,511
eAVALON TRUST BASIS CORRECTION			18	55,080	55,080
12 Subtotal. Add columns (b), (d), and (e) ..				507,326	143,984

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

651,310

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)
11A	PROGRAM SERVICE RECEIPTS
11B	SBA EIDL LOAN ADVANCE TO COVER COSTS OF PROVIDING SERVICES
11C	PPP LOAN FORGIVEN
11D	PROGRAM SPONSOR RECEIPTS
11E	AVALON TRUST BASIS CORRECTION

Form 990-PF (2021)

Page 13

Part XVI

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

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

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2021)

Additional Data

Software ID:	21013554
Software Version:	21.0.5.0

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

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

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2021

Name of the organization

RALPH T COE CENTER FOR THE ARTS INC

Employer identification number

20-8705481

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

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

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

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

501(c)(3) taxable private foundation

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

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

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

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

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

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

Cat. No. 30613XSchedule B (Form 990) (2021)

Schedule B (Form 990) (2021) Page 2

Name of organization RALPH T COE CENTER FOR THE ARTS INC

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
4	GERALD STIEBEL 3716 OLD SANTA FE TRAIL SANTA FE, NM87505	$ 25,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
6	ELLEN AND JIM HUBBELL 614 GARCIA ST SANTA FE, NM87505	$ 5,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Schedule B (Form 990) (2021)

Page 3

Name of organization RALPH T COE CENTER FOR THE ARTS INC		Employer identification number 20-8705481

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2021)

Schedule B (Form 990) (2021)

Page 4


Name of organization RALPH T COE CENTER FOR THE ARTS INC			Employer identification number 20-8705481
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

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

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

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

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

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

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

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

Schedule B (Form 990) (2021)

Additional Data

Software ID:	21013554
Software Version:	21.0.5.0

- TIN:

TY 2021 AccountingFeesSchedule

Name:

RALPH T COE CENTER FOR THE ARTS INC

EIN:

20-8705481

Software ID:

21013554

Software Version:

21.0.5.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	6,406	5,124	5,124	1,282

- TIN:

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

TY 2021 DepreciationSchedule

Name:

RALPH T COE CENTER FOR THE ARTS INC

EIN:

20-8705481

Software ID:

21013554

Software Version:

21.0.5.0

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Net Investment Income	Adjusted Net Income	Cost of Goods Sold Not Included
FURNITURE AND FIXTURES						874
BUILDING AND REAL ESTATE						22,457	22,457	22,457

- TIN:

TY 2021 GeneralExplanationAttachment

Name:

RALPH T COE CENTER FOR THE ARTS INC

EIN:

20-8705481

Software ID:

21013554

Software Version:

21.0.5.0

Identifier	Return Reference	Explanation
	STATEMENT REGARDING AMENDED RETURN - RETURN IS BEING AMENDED TO REFLECT CHANGES TO AMOUNTS REPORTED	STATEMENT REGARDING AMENDED RETURN - RETURN IS BEING AMENDED TO REFLECT CHANGES TO AMOUNTS REPORTED FOR 2020 DUE TO AN AMENDED 2020 REURN BEING FILED. RETURN IS ALSO AMENDED TO REDUCE DEDUCTION FOR WAGES PAID BASED UPON EMPLOYEE RETENTION CREDIT APPLIED FOR. TOTAL DEDUCTION IN WAGES AND 2021 CREDIT APPLIED FOR 50,517.
	STATEMENT OF CHARITABLE ACTIVITIES The Coe explores and connects through experiencing the worlds Ind	STATEMENT OF CHARITABLE ACTIVITIES The Coe explores and connects through experiencing the worlds Indigenous arts. COVID continues to challenge us. In 2021 we reopened to visitors regaining an estimate of 25 visitors at our First Friday open house event held on the first Friday of each month. Individual tours have increased from preCOVID from less than one visit per month to averaging two or more individual tours per month and one partnering/local institution visit per month. In 2021 we increased the number of artist residencies at the Coe from one or two in 2020 to as many as five or six over the entire year expanding to include a poetry residency. In 2021 we resumed inperson our HandsOn Curatorial Program working with 4 high school students from 3 different local schools resulting in their successful exhibition launch in May with approximately 75 attendees. Due to demand the exhibition was extended an extra reaching in person approximately 200 people and even more via our website. Our website and social media outreach improved growing our mailing list by about 25% STATEMENT OF CHARITABLE ACTIVITIES CONTINUED Collections Spotlight continued online via Zoom events. We held 8 events reaching directly approximately 320 people and posting the video on the Coe YouTube channel grew the audience to approximately 500. Our monthly online Eletter with articles about works in the collection The Virtual Coe the open rate remained consistent by averaging between 2328% and our email list gained 500 new addresses from approximately 2000 to 2500. We were able to successfully complete Conservation of Ourselves An Indigenous survey of James Kivetoruk Moses. Due to COVID this project was delayed by almost two years. In 2021 not only were we able to exhibition 65 works by the artist at the Coe Center which reached approx.. 150 people during a COVID lockdown but launched the program on line reaching an even larger audience in particular the artists home community in Alaska. We continue to be challenged by COVID in how we can safely bring our programs to the public.

- TIN:

TY 2021 InvestmentsCorpBondsSchedule

Name:

RALPH T COE CENTER FOR THE ARTS INC

EIN:

20-8705481

Software ID:

21013554

Software Version:

21.0.5.0

Name of Bond	End of Year Book Value	End of Year Fair Market Value
FIDELITY CONSERVATIV INCOME BOND FUND	175,198	175,099
DODGE COX INCOME FUND	225,100	228,318
VANGUARD SHORT TERM INVMT GRAND ADMIRAL	200,100	201,685
JPMORGAN MORTGAGE BACK SEC CLASSI	200,000	195,266

- TIN:

TY 2021 InvestmentsCorpStockSchedule

Name:

RALPH T COE CENTER FOR THE ARTS INC

EIN:

20-8705481

Software ID:

21013554

Software Version:

21.0.5.0

Name of Stock	End of Year Book Value	End of Year Fair Market Value
200 shares of AON PLC COMMON	17,564	60,112
1400 shares of BROOKFIELD INFRAST PARTNERS LP	17,709	42,567
2866 shares of PENNON GROUP ORD	44,829	45,301
75 shares of ADOBE INC	6,058	42,530
75 shares of ALAPHABET INC	25,907	144,680
50 shares of AMAZON	14,807	166,717
1100 shares of APPLE INC	16,690	195,327
200 shares of BECTON DICKINSON CO	48,006	50,296
325 shares of BERKSHIRE HATHAWAY INC	44,366	97,175
160 shares of BRAODCOM INC	42,398	106,465
600 shares of CVS HEALTH CORPORATION	42,807	61,896
1100 shares of COMCAST CORP	35,293	55,363
225 shares of DANAHER CORP	13,103	74,027
350 shares of DISNEY WALT CO	31,115	54,212
250 shares of META PLATFORMS CL A	19,050	84,088
400 shares of FIDELITY NATL INFO SERVICES	25,036	43,660
350 shares of FIRST REPUBLIC BANK	17,201	72,279
400 shares of FIRST SOLAR INC	21,024	34,864
1000 shares of LKQ CORP	26,327	60,030
300 shares of LOWES COMPANIES INC	15,764	77,544
500 shares of MICROSOFT CORP	18,514	168,160
900 shares of MONDELEZ INTL INC	32,094	59,679
350 shares of PNC FINANCIAL SERVICES	42,877	70,182
600 shares of PROGRESSIVE CORP	45,366	61,590
125 shares of THERMO FISHER SCIENTIFIC INC	14,054	83,405
500 shares of TRIMBLE INC	18,529	43,595
150 shares of ULTA BEAUTY INC	35,125	61,851
850 shares of UNILEVER NV	44,758	45,722
400 shares of VISA INC	20,631	86,684
350 shares of WASTE MANAGEMENT INC	28,686	58,415
375 shares of AKAMAI TECHNOLOGIES	35,628	43,890
500 shares of ARRAY TECHNOLOGIES INC	14,511	7,845
1200 shares of BLOOM ENERGY CORP	19,619	26,316
10 shares of NVR INC	40,257	59,089
175 shares of PAYPAL HOLDINGS INC	19,197	33,001
150 shares of BROOKFIELD INFRASTRUCTURE CORP	3,250	10,239
3500 shares of IBERDROLA SA EURO	39,950	41,965
900 shares of BORG WARNER INC COM	40,643	40,563
500 shares of MORGAN STANLEY COM	36,620	49,080
1500 shares of N-ABLE INC COM	21,020	16,649
500 shares of QUANTA SERVICES COM	44,944	57,329

- TIN:

TY 2021 InvestmentsOtherSchedule2

Name:

RALPH T COE CENTER FOR THE ARTS INC

EIN:

20-8705481

Software ID:

21013554

Software Version:

21.0.5.0

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
FIDELITY OVERSEAS STOCK FUND	AT COST	111,936	183,809
ISHARE TR PHLX SEMICONDUCTOR	AT COST	33,541	108,464
ISHARE TR NASDAQ BIOTECH	AT COST	39,908	68,679
AMERICAN TOWER CORP	AT COST	18,632	58,500
AVALONBAY COMMUNITIES INC COM	AT COST	26,365	44,203

- TIN:

TY 2021 LandEtcSchedule2

Name:

RALPH T COE CENTER FOR THE ARTS INC

EIN:

20-8705481

Software ID:

21013554

Software Version:

21.0.5.0

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
FURNITURE AND FIXTURES	31,675	31,554	121	121
MACHINERY AND EQUIPMENT	14,327	14,327
LAND	273,197		273,197	273,197
BUILDINGS	875,876	34,640	841,236	875,876
MISC	4,455	4,455

- TIN:

TY 2021 MortgagesAndNotesPayableSch

Name:

RALPH T COE CENTER FOR THE ARTS INC

EIN:

20-8705481

Software ID:

21013554

Software Version:

21.0.5.0

Total Mortgage Amount: 747,500

Item No.	1
Lender's Name	NM BANK AND TRUST
Lender's Title	MORTGAGE
Relationship to Insider
Original Amount of Loan	700,000
Balance Due	664,801
Date of Note	2020-06
Maturity Date
Repayment Terms
Interest Rate
Security Provided by Borrower	REAL ESTATE
Purpose of Loan	BUILDING PURCHASE
Description of Lender Consideration
Consideration FMV

Item No.	2
Lender's Name	SBA PPP LOAN PAYABLE
Lender's Title	PPP
Relationship to Insider
Original Amount of Loan	47,500
Balance Due
Date of Note
Maturity Date
Repayment Terms
Interest Rate
Security Provided by Borrower
Purpose of Loan
Description of Lender Consideration
Consideration FMV

- TIN:

TY 2021 OtherAssetsSchedule

Name:

RALPH T COE CENTER FOR THE ARTS INC

EIN:

20-8705481

Software ID:

21013554

Software Version:

21.0.5.0

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
LIBRARY COLLECTION	44,853	44,853	44,853
RALPH T COE ART COLLECTION	7,522,945	7,522,945	7,567,798
EMPLOYEE RETENTION CREDIT APPLIED FOR 2020	23,354	23,354	23,354
EMPLOYEE RETENTION CREDIT APPLIED FOR 2021		50,517	50,517

- TIN:

TY 2021 OtherExpensesSchedule

Name:

RALPH T COE CENTER FOR THE ARTS INC

EIN:

20-8705481

Software ID:

21013554

Software Version:

21.0.5.0

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ADVERTISING	15,294			15,294
BANK AND MERCHANT FEES	57			57
BUSINESS REGISTRATION	35			35
EXHIBITION AND EVENT COSTS	37,668			37,668
OFFICE EXPENSE AND SUPPLIES	1,390			1,390
POSTAGE AND SHIPPING	112			112
PROFESSIONAL EDUCATION	432			432
COMMUNICATIONS AND INTERNET	14,765			14,765
WEBSITE DESIGN AND IT SUPPORT	1,646			1,646
SECURITY	802	802	802
MISC EXPENSES	982			982
MEMBERSHIPS SUBSCRIPTIONS	3,091			3,091
COMPUTER COSTS	3,101			3,101
INSURANCE PROPERTY COLLECTION	19,381	19,381	19,381
INSURANCE DO	698			698
ROUNDING	-2			-2

- TIN:

TY 2021 OtherIncomeSchedule2

Name:

RALPH T COE CENTER FOR THE ARTS INC

EIN:

20-8705481

Software ID:

21013554

Software Version:

21.0.5.0

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
FORGIVEN PPP LOAN	47,500
SBA GRANT	10,000
PROGRAM SPONSORS	28,511
PROGRAM SERVICE INCOME	2,893
AVALON TRUST	55,080	55,080	55,080

- TIN:

TY 2021 OtherLiabilitiesSchedule

Name:

RALPH T COE CENTER FOR THE ARTS INC

EIN:

20-8705481

Software ID:

21013554

Software Version:

21.0.5.0

Description	Beginning of Year - Book Value	End of Year - Book Value
CREDIT CARD PAYABLE	6,970	6,680
PAYROLL TAXES PAYABLE	643	654
SECURITY DEPOSIT	1,475	1,475

- TIN:

TY 2021 OtherProfessionalFeesSchedule

Name:

RALPH T COE CENTER FOR THE ARTS INC

EIN:

20-8705481

Software ID:

21013554

Software Version:

21.0.5.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT ADVISORY FEES	36,355	36,355	36,355
OTHER PROFESSIONAL FEES	37,489			37,489

- TIN:

TY 2021 TaxesSchedule

Name:

RALPH T COE CENTER FOR THE ARTS INC

EIN:

20-8705481

Software ID:

21013554

Software Version:

21.0.5.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAX ON INVESTMENTS INCOME	293	293	293
PAYROLL TAXES 74.4	16,660	12,395	12,395	4,265
REAL ESTATE TAXES	14,928	14,928	14,928
FOUNDATION TAXES	910	880	880