2024-05-09T22:59:10-05:00 2023-06-30 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2022-07-01 133577394 DISCALCED INC DISC 7186248400 3 LAFAYETTE AVENUE BROOKLYN NY 11217 NANCY UMANOFF EXECUTIVE DIRECTOR 7186248400 2024-05-09 1 NANCY UMANOFF XXX-XX-XXXX 1 EVA MRUK P00543254 2122862600 2024-05-09 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARK MORRIS DANCE GROUP NANCY UMANOFF 3 LAFAYETTE AVENUE BROOKLYN NY 11217 9681122 0 X WWW.MARKMORRISDANCEGROUP.ORG X 1990 NY TO PROMOTE AND SUSTAIN DANCE, MUSIC AND OPERA WORKS BY MARK MORRIS AND SERVE AS A CULTURAL RESOURCE TO ENGAGE AND ENRICH THE COMMUNITY. 22 20 241 21 0 0 10659966 2891020 3575172 4128006 173727 -46815 29456 -18131 14438321 6954080 36654 37453 0 0 5723596 6761923 27000 31500 694047 3090221 3584759 8877471 10415635 5560850 -3461555 21807049 19486413 729191 1522382 21077858 17964031 X TO DEVELOP, PROMOTE AND SUSTAIN DANCE, MUSIC AND OPERA PRODUCTIONS BY MARK MORRIS, AND TO SERVE AS A CULTURAL RESOURCE TO ENGAGE AND ENRICH THE COMMUNITY.MMDG PERFORMS MARK MORRIS ORIGINAL WORKS ON TOUR IN VENUES BOTH ACROSS THE U.S. AND INTERNATIONALLY. MMDG ALSO OFFERS SEVERAL PROGRAMS THAT PROVIDE DANCE AND MUSIC CLASSES TO ITS NEIGHBORS IN BROOKLYN AND IN CITIES ON TOUR. MMDG LEADS WEEKLY DANCE CLASSES FOR SENIORS AND YOUNG PEOPLE LIVING IN LOCAL PUBLIC HOUSING, CONDUCTS LONG-TERM RESIDENCIES IN BROOKLYN PUBLIC SCHOOLS, PROVIDES CUSTOMIZED DANCE WORKSHOPS FOR PEOPLE WITH PARKINSON'S DISEASE, AND SHARES ITS BEAUTIFUL REHEARSAL STUDIO WITH HUNDREDS OF OTHER DANCE COMPANIES. 0 0 4433133 0 2015247 FOUNDED IN NEW YORK CITY IN 1980 BY ARTISTIC DIRECTOR AND CHOREOGRAPHER MARK MORRIS, THE MARK MORRIS DANCE GROUP (MMDG) HAS BEEN CALLED "THE PREEMINENT MODERN DANCE ORGANIZATION OF OUR TIME" (YO-YO MA), ITS MEMBERS RECEIVING "HIGHEST PRAISE FOR THEIR TECHNICAL APLOMB, THEIR MUSICALITY, AND THEIR SHEER HUMAN AUTHENTICITY" (BLOOMBERG NEWS). LIVE MUSIC AND COMMUNITY ENGAGEMENT ARE VITAL COMPONENTS OF THE DANCE GROUP, WHICH HAS TOURED WITH ITS OWN MUSICIANS, THE MMDG MUSIC ENSEMBLE, SINCE 1996. MORRIS HAS CHOREOGRAPHED MORE THAN 195 WORKS AND CONTINUES TO CREATE PROLIFICALLY FOR HIS GROUP OF DANCERS. IN 2021, MMDG SHARED THE COMPANY'S FIRST-EVER ONLINE LIVESTREAM AND NEW WORK PREMIERE WITH VIRTUAL AUDIENCE MEMBERS AROUND THE WORLD. DIGITAL ENGAGEMENT IS NOW AN INTEGRAL PART OF OUR OFFERINGS, PROVIDING CONTINUED OPPORTUNITIES FOR REGULAR ENGAGEMENT WITH THE COMPANY. THROUGH COMMUNITY AND EDUCATION PROGRAMMING, THE DANCE GROUP PROVIDES OPPORTUNITIES IN DANCE AND MUSIC TO OVER 65,000 PEOPLE OF ALL AGES, WITH AND WITHOUT DISABILITIES WHILE ON TOUR INTERNATIONALLY, AT HOME AT THE MARK MORRIS DANCE CENTER IN BROOKLYN, NY, AND ONLINE VIA WWW.MMDG.ORG. 3342753 37453 1894792 IN 2001, MMDG OPENED THE MARK MORRIS DANCE CENTER IN BROOKLYN, NY, THE COMPANY'S FIRST PERMANENT HOME IN THE U.S., HOUSING REHEARSAL SPACE FOR THE DANCE COMMUNITY, OUTREACH PROGRAMS FOR LOCAL RESIDENTS, AND A SCHOOL OFFERING DANCE CLASSES TO STUDENTS OF ALL AGES. THE SCHOOL AT THE MARK MORRIS DANCE CENTER IS THE CENTERPIECE OF MMDG'S EDUCATION PROGRAMMING. EACH YEAR, THE SCHOOL SERVES APPROXIMATELY 2,700 CHILDREN AND TEENS THROUGH HIGH-QUALITY DANCE INSTRUCTION ACCOMPANIED BY LIVE MUSIC IN IN-PERSON, ON-DEMAND STREAMING, AND/OR HYBRID FORMATS. OVER 7,000 ADULT STUDENTS OF ALL LEVELS PARTICIPATE IN FREE AND AFFORDABLE DANCE CLASSES WITH LIVE MUSIC VIA LIVE, ASYNCHRONOUS, AND HYBRID CLASSES IN A RANGE OF DANCE GENRES ONLINE AND AT THE DANCE CENTER. MMDG PROVIDES 6,500+ HOURS OF DEEPLY REDUCED STUDIO RENTAL OPPORTUNITIES TO 300+ LOCAL ARTISTS AND NON-PROFITS THROUGH THE SUBSIDIZED REHEARSAL SPACE PROGRAM. MMDG'S NINE STATE-OF-THE-ART, ADA-COMPLIANT, FULLY EQUIPPED, PROFESSIONAL DANCE STUDIOS FEATURE SPRUNG FLOORS, BALLET BARRES, FULL WALL MIRRORS, NATURAL LIGHT, PIANOS, AND SOUND SYSTEMS. 988473 0 196510 MMDG IS COMMITTED TO PROVIDING FREE AND LOW-COST DANCE AND MUSIC OPPORTUNITIES FOR PEOPLE OF ALL AGES, WITH AND WITHOUT DISABILITIES IN BROOKLYN/NYC, ON TOUR, AND ONLINE/BY PHONE. WORKING IN COLLABORATION WITH A ROSTER OF 40 COMMUNITY PARTNERS, MMDG PROVIDES FREE PROGRAMS FOR YOUTH AND SENIORS IN NEW YORK CITY HOUSING AUTHORITY AND OTHER COMMUNITY CENTERS IN ALL FIVE BOROUGHS. IN-SCHOOL RESIDENCIES AT NEW YORK CITY SCHOOLS (K-12 STUDENTS WITH AND WITHOUT DISABILITIES), SERVE MORE THAN 1,500 ELEMENTARY, MIDDLE, AND HIGH SCHOOL STUDENTS EACH YEAR. DANCE FOR PD, MMDG'S GROUNDBREAKING PROGRAM FOR PEOPLE WITH PARKINSON'S, THEIR CARE PARTNERS, AND DANCE EDUCATORS, SERVES A GLOBAL COMMUNITY OF MORE THAN 6,000 PEOPLE WITH PARKINSON'S DISEASE AND THEIR CAREGIVERS THROUGH LIVE AND ON-DEMAND CLASSES IN ENGLISH, SPANISH, AND MANDARIN. IN ADDITION TO GROUP CLASSES, DANCE FOR PD OFFERS TEACHER TRAINING AND CERTIFICATION AS WELL AS A FULL RANGE OF INSTRUCTIONAL AT HOME MEDIA AND ONLINE RESOURCES TO FOSTER BROAD ACCESS TO THE JOYS AND RESEARCH-BACKED BENEFITS OF DANCE. MMDG SUPPORTS THE CONTINUED DEVELOPMENT OF ARTISTS, EDUCATORS, AND ADMINISTRATORS THROUGH ONLINE AND IN-PERSON WORKFORCE DEVELOPMENT PROGRAMS FROM INTERNSHIPS, TEACHER ASSISTANT TRAINING PROGRAMS, AND AN ARTS IMMERSION FELLOWSHIP PROGRAM FOR TEENS. TEACHING ARTISTS SPECIALIZE IN WORKING WITH PEOPLE WITH DISABILITIES AND RECEIVE PROFESSIONAL DEVELOPMENT TRAINING FROM MMDG AND FROM PARTNER ORGANIZATIONS ON BEST PRACTICES FOR ADAPTIVE DANCE. 8764359 1 1 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 158 0 241 1 0 0 0 0 0 0 0 0 0 0 0 0 X 22 20 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY CA X X ELIZABETH FOX 7186248400 3 LAFAYETTE AVENUE BROOKLYN NY 11217 MARK MORRIS DIRECTOR, ARTISTIC DIRECTOR 40.00 X 313033 0 10277 NANCY UMANOFF DIRECTOR, EXECUTIVE DIRECTOR 40.00 X X 219437 0 12997 JUDITH R FISHMAN BOARD CHAIR 10.00 X X 0 0 0 DAVID RESNICOW VICE-CHAIR 5.00 X X 0 0 0 MARK SELINGER VICE-CHAIR 5.00 X X 0 0 0 ISAAC MIZRAHI SECRETARY 5.00 X X 0 0 0 SARABETH BERMAN DIRECTOR 2.50 X 0 0 0 FREDERICK BLAND DIRECTOR 2.50 X 0 0 0 MARY ANN CASAVANT DIRECTOR 2.50 X 0 0 0 MARGARET CONKLIN DIRECTOR 2.50 X 0 0 0 JOLIE CURTSINGER DIRECTOR 2.50 X 0 0 0 ESTELA DIAZ DIRECTOR 2.50 X 0 0 0 SUZY KELLEMS DOMINIK DIRECTOR 2.50 X 0 0 0 SHELBY GANS DIRECTOR 2.50 X 0 0 0 YORK-CHI HARDER DIRECTOR 2.50 X 0 0 0 MARC JAMES DIRECTOR 2.50 X 0 0 0 NICHOLAS MA DIRECTOR 2.50 X 0 0 0 TIMOTHY J MCCLIMON DIRECTOR 2.50 X 0 0 0 HELEN MEYER DIRECTOR 2.50 X 0 0 0 ELLEN OFFNER DIRECTOR THRU MAR 2023 2.50 X 0 0 0 ONAY PAYNE DIRECTOR 2.50 X 0 0 0 DARRYL PINCKNEY DIRECTOR 2.50 X 0 0 0 JOCELYNNE RAINEY EDD DIRECTOR 2.50 X 0 0 0 JANE STINE DIRECTOR THRU MAR 2023 2.50 X 0 0 0 ELIZABETH FOX TREASURER/CFO 40.00 X 165618 0 18409 MICHELLE AMADOR DIRECTOR OF DEVELOPMENT 40.00 X 138639 0 11251 JOHAN HENCKENS DIRECTOR OF TECHNICAL PRODUCTION 40.00 X 133049 0 13076 SARAH MARCUS DIRECTOR OF EDUCATION 40.00 X 108417 0 16003 LAURA GIANNATEMPO DIRECTOR OF MARKETING 40.00 X 113780 0 10177 1191973 0 92190 7 0 1 0 DOUBLE M ARTS & EVENTS LLC PO BOX 793 CRUZ BAY VI 00831 BOOKING AGENT SERVICES 222515 1 133839 1060082 1697099 53621 2891020 TUITION 711120 1924175 1924175 PERFORMANCE FEES/COMM. 711120 1668296 1668296 STUDIO & WELLNESS CTR RENTAL 532000 349631 349631 WORKSHOPS/CLASSES/PROGRAMS 611610 177813 177813 MEMBERSHIP DUES 900099 8091 8091 4128006 130151 130151 6000 6000 2513817 2690783 -176966 -176966 -176966 8802 36259 -27457 -27457 VENDING MACHINES 900099 3326 3326 3326 6954080 4106549 0 -43489 37453 37453 755788 510964 244824 4667045 4042737 245742 378566 734022 633810 45307 54905 605068 502894 57690 44484 30050 30050 31500 31500 38179 38179 747003 587952 102745 56306 238526 215042 14602 8882 260515 205126 37069 18320 231673 156112 25488 50073 42051 42051 576985 522237 45792 8956 627585 571841 16980 38764 534681 497146 37535 118685 107879 8973 1833 PRODUCTION 108023 108023 PROF. DEVELOPMENT 30641 23092 6091 1458 BAD DEBT 162 162 10415635 8764359 957229 694047 2581846 1523026 1235639 762810 5357702 4209843 109412 93693 59005 60323 68647 110914 15861173 8345499 8027102 7515674 4009843 3676221 357853 1533909 21807049 19486413 195408 195014 302583 293675 2200 1050 229000 1032643 729191 1522382 X 15195914 13078744 5881944 4885287 21077858 17964031 21807049 19486413 X -3461555 355228 -7500 X X 0 1 X 1 1 1 X 5772600 3437259 3813687 10659966 2891020 26574532 5772600 3437259 3813687 10659966 2891020 26574532 1911771 24662761 143668 69167 79534 178824 130151 601344 18223 12108 1142 34875 3326 69674 27245550 18864527 0.90520 0.86220 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2018 AMOUNT: $ 216. VENDING MACHINES - 2018 AMOUNT: $ 18,007. 2019 AMOUNT: $ 12,108. 2020 AMOUNT: $ 1,142. 2021 AMOUNT: $ 9,329. 2022 AMOUNT: $ 3,326. INSURANCE CLAIM PAYMENT - 2021 AMOUNT: $ 25,546. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15000 X ART WORK FOR DANCE STUDIO 0 0 1 X 5709987 264320 8932 5965375 2951390 3333745 -566204 8944 5709987 2532583 427522 8715 2951390 2363119 184994 15530 2532583 3297666 -7881 926666 2363119 0.80674 0.09220 0.10106 0 0 137000 137000 13854845 7236403 6618442 1300094 1109096 190998 569234 569234 7515674 CASH SURRENDER VALUE LIFE INSURANCE 332100 SECURITY DEPOSIT AND OTHER 26905 DONATED ARTWORK 15000 INVESTMENTS RESTRICTED FOR DEFERRED COMPENSATION 436095 RIGHT OF USE ASSET - OPERATING LEASES, NET 723809 1533909 DEFERRED COMPENSATION 294434 LEASE LIABILITIES 738209 1032643 X 7302873 355228 22938 36259 414425 6888448 38179 27453 65632 6954080 10416700 22938 43759 66697 10350003 38179 27453 65632 10415635 PART III, LINE 1A: DISCALCED HAS RECEIVED CONTRIBUTIONS OF VARIOUS WORKS OF ART AND PHOTOGRAPHS, MANY OF WHICH WERE CREATED BY THE DONORS. THE DONORS HAVE ASSIGNED VALUES TO THE PIECES TOTALING $110,000. DISCALCED HAS CHOSEN TO VALUE ONLY THOSE WORKS OF ART AS CONTRIBUTION SUPPORT AND OTHER ASSETS FOR WHICH A QUALIFIED INDEPENDENT APPRAISAL HAS BEEN OBTAINED. ONLY ONE PIECE, VALUED AT $15,000, CONTRIBUTED IN A PRIOR YEAR, MET THIS REQUIREMENT AND IS INCLUDED IN OTHER ASSETS ON THE STATEMENT OF FINANCIAL POSITION AND IS NOT DEPRECIATED. PART III, LINE 4: WORKS OF ART AND PHOTOGRAPHS ARE USED TO DECORATE THE DANCE STUDIO. THESE WORKS OF ART HIGHLIGHT DANCE WORKS AND FOSTER AN APPRECIATION OF ART AND DANCE. PART IV, LINE 2B: THE ORGANIZATION HOLDS TENANT SECURITY DEPOSITS. PART V, LINE 4: THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT IS TO PROVIDE LONG-TERM ONGOING SUPPORT FOR ITS VARIOUS PROGRAMS. PART X, LINE 2: DISCALCED RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT HAS DETERMINED THAT DISCALCED HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. DISCALCED IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR TAX YEARS PRIOR TO FISCAL 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD REPORTED ON PART VIII, LINE 10B: 36,259. PART XI, LINE 4B - OTHER ADJUSTMENTS: DANCE CENTER SCHOLARSHIPS REPORTED ON PART IX, LINE 2: 27,453. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD REPORTED ON PART VIII, LINE 10B: 36,259. LOSS ON UNCOLLECTIBLE PLEDGES 7,500. PART XII, LINE 4B - OTHER ADJUSTMENTS: DANCE CENTER SCHOLARSHIPS REPORTED ON PART IX, LINE 2: 27,453. X X X X X X 1 LAUREN CHERUBINI 57A WHITE STREET EATONTOWN NJ 07724 CAMPAIGN CONSULTING 0 0 31500 -31500 31500 -31500 NY CA 1 NEED-BASED SCHOLARSHIPS 64 27453 LUCY BOWEN AWARD FOR INCLUSIVE CHOREOGRAPHY 2 10000 PART I, LINE 2: THE ORGANIZATION PROVIDES SCHOLARSHIPS FOR ITS EARLY CHILDHOOD PROGRAM, CHILDREN AND TEENS PROGRAM, AND CAMPS AND INTENSIVES PROGRAM BASED ON FINANCIAL NEED. THE ADMISSIONS OFFICE USES THE FEDERAL INCOME GUIDELINE FOR WIC PROGRAMS TO DETERMINE ELIGIBILITY FOR THE SCHOLARSHIP PROGRAM. AVAILABLE SCHOLARSHIPS ARE DISTRIBUTED EITHER ON A FIRST COME, FIRST SERVE BASIS OR VIA A LOTTERY. THE SCHOLARSHIP CREDITS ARE POSTED DIRECTLY TO THE FAMILIES' ACCOUNTS. THE LUCY BOWEN AWARD FOR INCLUSIVE CHOREOGRAPHY RECOGNIZES CHOREOGRAPHERS WHO EMBRACE INCLUSIVITY IN NEW WORKS CREATED FOR PEOPLE WITH PARKINSON'S. THE ANNUAL AWARD SELECTION PROCESS BEGINS WITH AN OPEN REQUEST FOR PROPOSALS. A SELECTION COMMITTEE, COMPOSED OF 3-5 TRAINED DANCE FOR PD TEACHING ARTISTS KNOWLEDGEABLE ABOUT INCLUSIVE DANCE, REVIEWS AND EVALUATES EACH NOMINEE BASED ON ARTISTIC MERIT, PERCEIVED IMPACT ON THE FIELD, AND COMMITMENT TO DIVERSITY AND ACCESSIBILITY. THE COMMITTEE THEN SELECTS THE AWARD RECIPIENT AND NOTIFIES MMDG STAFF, WHO PUBLICLY ANNOUNCE THE AWARD RECIPIENT. THE AWARD INCLUDES A MONETARY PRIZE AND RECOGNITION OF THE CHOREOGRAPHER'S ACHIEVEMENTS THROUGH A GLOBAL EDUCATIONAL CAMPAIGN. X X X X 0 1 0 0 0 0 0 0 0 MARK MORRIS DIRECTOR, ARTISTIC DIRECTOR 292533 0 0 0 20500 0 0 0 10277 0 323310 0 0 0 NANCY UMANOFF DIRECTOR, EXECUTIVE DIRECTOR 198937 0 0 0 20500 0 0 0 12997 0 232434 0 0 0 ELIZABETH FOX TREASURER/CFO 165618 0 0 0 0 0 0 0 18409 0 184027 0 0 0 PART I, LINE 4B THE ORGANIZATION'S EXECUTIVE DIRECTOR, ARTISTIC DIRECTOR, AND CHIEF FINANCIAL OFFICER PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN DURING FISCAL YEAR 2023. X 5 53621 AVG. SELLING PRICE 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN PART I, COLUMN (B). FORM 990, PART VI, SECTION A, LINE 4 THE BOARD OF DIRECTORS AMENDED THE BY-LAWS IN MARCH 2023. THE CHANGES TO THE BY-LAWS INCLUDE THE FORMATION OF A NEW CATEGORY OF DIRECTORS-DIRECTORS EMERITI. THE BOARD MAY APPOINT ONE OR MORE DIRECTORS EMERITI WHO SHALL BE HONORARY-NON VOTING MEMBERS OF THE BOARD. DIRECTORS EMERITI SHALL BE FORMER DIRECTORS WHO HAVE SERVED WITH GREAT DISTINCTION OR PROVIDED EXTRAORDINARY BENEFIT TO THE ORGANIZATION. DIRECTORS EMERITI SHALL BE APPOINTED FOR LIFE AND MAY ONLY BE REMOVED UNDER EXTRAORDINARY CIRCUMSTANCES BY THE VOTE OF A MAJORITY OF THE BOARD. DIRECTORS EMERITI SHALL NOT BE ENTITLED TO VOTE ON MATTERS PRESENTED TO THE BOARD, BUT SHALL BE ENTITLED TO ATTEND ALL BOARD MEETINGS AND BE GIVEN SPECIFIC ASSIGNMENTS DETERMINED BY THE CHAIR. FORM 990, PART VI, SECTION B, LINE 11B DISCALCED, INC. HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM. IT IS THEN REVIEWED BY THE CFO AND ELECTRONICALLY SENT TO THE FINANCE/AUDIT COMMITTEE FOR THEIR REVIEW AND COMMENT. A PRESENTATION BY THE ACCOUNTING FIRM IS MADE UPON REQUEST TO THE FINANCE/AUDIT COMMMITTEE. ANY REQUIRED UPDATES ARE MADE, AND A FINAL COMPLETE COPY IS PROVIDED TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS HAS A CONFLICT OF INTEREST POLICY APPLICABLE TO ALL DIRECTORS, OFFICERS, AND KEY EMPLOYEES. ALL APPLICABLE INDIVIDUALS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST AGREEMENT ANNUALLY, DISCLOSING ANY POSSIBLE CONFLICT OF INTEREST AND ARE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY NEEDED DISCUSSION WITH THE INTERESTED PERSON, HE/SHE LEAVES THE MEETING OF THE BOARD OR THE RELEVANT COMMITTEE WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DELIBERATED AND VOTED UPON. THE REMAINING DIRECTORS OR MEMBERS OF THE COMMITTEE DECIDE IF A CONFLICT OF INTEREST EXISTS BY A MAJORITY VOTE. THE INTERESTED PERSON IS NOT ELIGIBLE TO VOTE ON MATTERS DIRECTLY PERTAINING TO THE BUSINESS TO BE TRANSACTED. THE DELIBERATION AND DECISIONS ARE RECORDED IN THE MINUTES OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 DISCALCED, INC. HAS A COMPENSATION POLICY AND A COMPENSATION COMMITTEE WAS ESTABLISHED FOR DETERMINING THE COMPENSATION FOR THE EXECUTIVE DIRECTOR, CFO, AND OTHER OFFICERS. THE POLICY MANDATES THAT EXECUTIVE COMPENSATION BE PERIODICALLY REVIEWED BY THE COMPENSATION COMMITTEE AND THAT THE COMMITTEE SHOULD BE FREE OF CONFLICTS OF INTEREST. THE APPROVING COMPENSATION COMMITTEE REVIEWS APPROPRIATE AND ADEQUATE DATA AND USES A VARIETY OF INFORMATION AND STUDIES THAT ARE AVAILABLE TO DETERMINE THAT THE APPROPRIATE LEVEL OF COMPENSATION IS BEING PAID TO ITS EXECUTIVES AND OFFICERS. THE COMPARABILITY SOURCES THAT THE ORGANIZATION USED TO ESTABLISH COMPENSATION ARE DANCE USA, NON-PROFIT COORDINATING COMMITTEE OF NEW YORK, AND PROFESSIONALS FOR NONPROFITS. THE COMPENSATION COMMITTEE'S DECISION ON THE AMOUNT OF COMPENSATION PAID IS REQUIRED TO BE ADEQUATELY DOCUMENTED IN A CONTEMPORANEOUSLY WRITTEN FORMAT THAT DOCUMENTS THE DATE OF THE DECISION, THE MEMBERS PRESENT DURING THE DECISION AND THOSE WHO VOTED ON IT, THE FULL TERMS OF THE COMPENSATION THAT WAS APPROVED, AND THE COMPARABLE DATA USED AND RELIED UPON TO MAKE THE DECISION. THE PROCESS WAS LAST TIME UNDERTAKEN IN FISCAL YEAR 2023. FORM 990, PART VI, SECTION C, LINE 19 DISCALCED, INC. MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG. IN ADDITION, THE FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST AT 3 LAFAYETTE AVENUE, BROOKLYN, NY, 11217, OR BY CALLING THE ORGANIZATION DIRECTLY AT (718) 624-8400. FORM 990, PART XI, LINE 9: LOSS ON UNCOLLECTIBLE PLEDGE -7,500. FORM 990, PART XII, LINE 2C: DISCALCED, INC. HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR. FORM 990, PART I, QUESTION 5, AND PART V, QUESTION 2A: THE ORGANIZATION CONTRACTED WITH A PROFESSIONAL EMPLOYER ORGANIZATION (PEO) FOR SERVICES, INCLUDING BUT NOT LIMITED TO, PAYROLL, TIMEKEEPING, EMPLOYEE BENEFITS, HR ADMINISTRATION AND WORKFORCE REGULATORY COMPLIANCE NEEDS. AS THE EMPLOYER OF RECORD FOR TAX PURPOSES, FORMS W-2 AND W-3 ARE ISSUED BY THE PEO AND FILED UNDER THE PEO'S FEDERAL EIN. IN THIS CO-EMPLOYMENT ARRANGEMENT, THE ORGANIZATION IS THE COMMON LAW EMPLOYER AND, ACCORDINGLY, COMPENSATION IS REPORTED ON FORM 990, PART VII, SECTION A AND PART IX, LINES 5-10.