TIN:
SCHEDULE O
(Form 990)
Department of the Treasury
Internal Revenue Service
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ
Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
Inspection
Name of the organization
THE WESTMINSTER KENNEL CLUB
Employer identification number
13-1467730
13-1467730
| Return Reference | Explanation |
|---|---|
| FORM 990 - PART I, LINE 1 - ORGANIZATION MISSION | THE WESTMINSTER KENNEL CLUB (THE "CLUB") WAS INCORPORATED DECEMBER 15, 1877. THE CLUB WAS ESTABLISHED FOR THE FOLLOWING PURPOSES: TO PURCHASE, COLLECT, OWN, HIRE, SELL, EXHIBIT, BOARD, BREED AND TRAIN DOGS. TO BUILD, ESTABLISH, OWN, FURNISH, AND MAINTAIN THE KENNELS NECESSARY FOR SUCH PURPOSES. STUDY AND IMPROVE THE BREED OF DOGS. TO PROPAGATE AND PROTECT GAME. THE CLUB WAS ESTABLISHED WITH A VIEW TO INCREASE THE INTEREST IN DOGS, IMPROVE THE BREEDS, AND TO HOLD AN ANNUAL DOG SHOW IN THE CITY OF NEW YORK. |
| FORM 990 - PART III, LINE 4A | THE WESTMINSTER KENNEL CLUB WAS FOUNDED IN 1877 IN THE CITY OF NY. THE CLUB'S BY-LAWS INDICATE THAT ITS OBJECTIVE IS TO INCREASE THE INTEREST IN DOGS, IMPROVE BREEDS, AND TO HOLD AN ANNUAL SHOW IN NY. THE DOG SHOW IS THE PRIMARY ACTIVITY OF THE CLUB. IT IS A SPORTING EVENT THAT IS HELD OVER 3 DAYS EACH YEAR AT PIERS 92/94 AS WE; AS MSG. WKC HOSTS OVER 3,000 DOGS, THEIR OWNERS HANDLERS, CLUB MEMBERS AND OVER 30,000 SPECTATORS WHOSE COMMON INTEREST IS THE STUDY AND PROMOTION OF RESPONSIBLE OWNERSHIP. |
| FORM 990, PART VI, SECTION A, LINE 5 | IN DECEMBER 2022, A DISQUALIFIED PERSON DIRECTED THE TRANSFER OF $2,403,906.35 FROM WESTMINSTER KENNEL CLUB TO AN INVESTMENT ENTITY WHOLLY OWNED BY THE DISQUALIFIED PERSON. THIS TRANSACFION CONSTITUTED AN EXCESS BENEFIT (SEE SCHEDULE L). THE TRANSACTION WAS UNWOUND, WITH THE ORIGINAL $2,403,906.35 WIRED TO WESTMINSTER KENNEL CLUB, AND AN ADDIFIONAL $47,760.90 PAID TO COMPLETE THE CORRECTION. THIS TRANSACFION WAS UNDERTAKEN WITHOUT REQUIRED NOTICE OR APPROVALS, AND IN BREACH OF WESTMINSTER KENNEL CLUB INTERNAL CONTROLS AND PROCEDURES. UPON LEARNING OF THE TRANSACTION, WESTMINSTER KENNEL CLUB OFFICERS AND DIRECTORS TOOK IMMEDIATE ACTION, CONDUCTING AN INVESTIGATION, OBTAINING REPAYMENT OF THE FUNDS INVOLVED, AND REMOVING THE INDIVIDUAL FROM ALL POSITIONS WITH WESTMINSTER KENNEL CLUB. WESTMINSTER KENNEL CLUB ALSO WORKED CLOSELY WITH ITS ACCOUNTANTS AND COUNSEL THROUGHOUT THIS PROCESS, AND HAS SUBSEQUENTLY, IN COORDINATION WITH COUNSEL, REVIEWED ITS INTERNAL POLICIES AND CONTROLS TO PREVENT FUTURE DIVERSIONS. |
| FORM 990, PART VI, SECTION A, LINE 6 | PURSUANT TO THE BYLAWS OF WKC, WKC WAS ESTABLISHED AS A MEMBERSHIP ORGANIZATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBERS OF WKC HAVE THE POWER TO ELECT THE GOVERNING BODY AT THE ANNUAL MEETING. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE OF WKC. THE FORM 990 IS MADE AVAILABLE TO THE ENTIRE GOVERNING BODY PRIOR TO SUBMISSION WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH MEMBER OF THE BOARD OF GOVERNORS MUST ANNUALLY SIGN A CONFLICT OF INTEREST STATEMENT AND DISCLOSE ALL REQUESTED INFORMATION ABOUT POTENTIAL CONFLICTS OF INTEREST. BOARD MEMBERS WHO HAVE BEEN IDENTIFIED AS HAVING A CONFLICT ARE ASKED TO RECUSE THEMSELVES FROM THE BOARD OR BOARD COMMITTEE MEETING WHILE ISSUES THAT GAVE RISE TO THE CONFLICT ARE DISCUSSED. THE MINUTES OF THE BOARD OR RELEVANT COMMITTEE SHALL CONTAIN THE NAME OF THE PERSON WHO DISCLOSED OR OTHERWISE WAS FOUND TO HAVE A FINANCIAL INTEREST IN CONNECTION WITH A TRANSACTION OR ARRANGEMENT, THE NATURE OF THE FINANCIAL INTEREST, ANY ACTION TAKEN TO DETERMINE WHETHER A CONFLICT OF INTEREST WAS PRESENT, AND THE BOARD'S OR COMMITTEE'S DECISION AS TO WHETHER A CONFLICT OF INTEREST IN FACT EXISTED. IN ADDITION, THE MINUTES OF THE BOARD OR THE COMMITTEE SHALL ALSO CONTAIN THE NAME OF THE PERSONS WHO WERE PRESENT FOR THE DISCUSSIONS AND VOTES RELATING TO THE PROPOSED TRANSACTION OR ARRANGEMENT, THE FACTUAL BASIS FOR THE BOARD'S OR COMMITTEE'S DETERMINATION THAT THE ULTIMATE TRANSACTION WAS FAIR AND REASONABLE AND IN THE BEST INTEREST OF WKC, AND A RECORD OF VOTES TAKEN IN CONNECTION WITH THE PROCEEDINGS. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE PRESIDENT OF THE BOARD APPROVES THE COMPENSATION OF ALL EMPLOYEES. COMPENSATION IS BASED UPON SALARIES OF SIMILAR ORGANIZATION IN THE MARKET AREA. THIS INFORMATION IS DOCUMENTED IN THE MINUTES OF THE BOARD MEETING. |
| FORM 990, PART VI, SECTION C, LINE 19 | WKC'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | ENTRY FEES: PROGRAM SERVICE EXPENSES 51,926. MANAGEMENT AND GENERAL EXPENSES 3,280. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 55,206. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 16,326. MANAGEMENT AND GENERAL EXPENSES 1,031. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,357. MASTERS AGILITY CHAMP COSTS: PROGRAM SERVICE EXPENSES 61,465. MANAGEMENT AND GENERAL EXPENSES 3,882. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 65,347. MERCHANDISE LABOR FEES: PROGRAM SERVICE EXPENSES 77,394. MANAGEMENT AND GENERAL EXPENSES 4,888. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 82,282. SHOW COSTS: PROGRAM SERVICE EXPENSES 4,146,956. MANAGEMENT AND GENERAL EXPENSES 261,910. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,408,866. MASTERS OBEDIENCE CHAMP COSTS: PROGRAM SERVICE EXPENSES 3,838. MANAGEMENT AND GENERAL EXPENSES 242. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,080. |
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) 2021
Additional Data
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