2025-07-25T07:14:07-07:00 2024-12-31 990 2024-01-01 660942233 GUAM CONSERVATORY OF ARTS INC GUAM 6719297799 PO BOX 8959 TAMUNING GU 96931 Eugene Bordallo President 6719297799 2025-03-04 1 2024 2025-03-06 01:10:19Z GUAM CONSERVATORY OF ARTS Eugene B Bordallo PO Box 8959 Tumon GU 96913 264189 0 X GuamConservatory.Org X 2020 GU PERFORMING ARTS SCHOOL SERVING DISADVANTAGED YOUTH ON GUAM, ORGANIZATION IS STILL IN ITS CONSTRUCTION PHASES BUILDING OUT ITS FACILITY WITH PROGRAMMING MINIMALLY IN PLACE 6 6 0 13 0 0 109641 202170 51691 59325 137 121 3073 2573 164542 264189 9000 6090 0 0 0 0 0 0 0 109053 87213 118053 93303 46489 170886 112846 389866 15636 77292 97210 312574 PERFORMING ARTS SCHOOL FOR DISADVANTAGED YOUTH ON GUAM. ORGANIZATION IS IN ITS CONSTRUCTION PHASE-BUILDING OUT ITS FACILITY. MINIMAL SERVICES RENDERED. 0 0 93303 6090 64190 ORGANIZATION CONTINUED ITS PROGRAMMING IN CLASSICAL BALLET AND MUSIC LESSONS AND FOR CHILDREN AGES 5-18. 0 0 0 93303 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GU X X X EUGENE B BORDALLO 6719297799 PO BOX 8959 TAMUNING GU 96931 X EUGENE B BORDALLO PRESIDENT 40 0 X X X X 0 0 0 REBECCA Z GRUNZKE TREASURER 1 0 X X 0 0 0 MARILYN MANIBUSAN DIRECTOR 1 0 X 0 0 0 MICHAEL A PANGELINAN SECRETARY 1 0 X X 0 0 0 JUDY NICHOLSON DIRECTOR 1 0 X 0 0 0 Amanda Kathrein Director 1 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 200000 2170 0 202170 Instruction in music, dance and drama 611600 59325 59325 0 0 0 0 0 0 59325 121 121 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Adjustments 900099 2195 2195 0 0 Merchandise 459990 378 378 0 0 0 0 0 0 2573 264189 62019 0 0 X 0 6090 6090 13497 13497 1889 1889 7147 7147 53472 53472 2125 2125 3613 3613 INSTRUMENTS 658 658 0 0 LICENSING 1169 1169 0 0 MEALS 1111 1111 0 0 MERCH 862 862 0 0 1670 1670 93303 93303 0 0 272 77292 0 200000 112574 0 112574 112574 112846 389866 15636 2092 75200 15636 77292 X 97210 312574 0 0 97210 312574 112846 389866 170886 0 44478 0 0 0 X 0 0 0 X 15268 202170 217438 0 0 0 15268 202170 217438 217438 217438 X 31249 186877 15268 202170 435564 4200 23787 51691 64189 143867 0 35449 210664 66959 266359 579431 579431 0 35449 210664 66959 266359 579431 X 0 0 0 0 0 0 0 0 0 0 0 50620 0 0 50620 61954 0 0 61954 112574 1 Scholarships for indigent students attending organization's arts programs. 3 0 6090 Value of services Tuition, registration fees and other incidental expenses. Schedule I, Part I, Line 2 NEED-BASED SCHOLARSHIPS ARE OFFERED TO STUDENTS OF DISADVANTAGED HOUSEHOLDS WHO DOCUMENT FINANCIAL NEED. A SCHOLARSHIP COMMITTEE OF NON-INTERESTED PERSONS DETERMINE ELIGIBILITY FOR THE POOL OF APPLICANTS. THE SCHOLARSHIP COMMITTEE MAINTAINS RECORDS OF APPLICATIONS AND DISPOSITION OF AWARDS. Eugene B Bordallo Founder CEO Seed money X 15636 2092 0 1 1 2092 Schedule L, Part IV Founder CEO loaned organization for seed money. Form 990, Part VI, Section B, Line 11b TREASURER OF THE CORPORATION AND PRESIDENT COMPLETED FORM 990 AND CIRCULATED AN ELECTRONIC COPY OF THE WORKING FORM 990 VIA EMAIL TO BOARD OF DIRECTORS AND REQUESTED ITS REVIEW. AFTER NO OBJECTIONS TO THE DOCUMENT, THE BOARD VOTED AND AGREED TO ACCEPT FORM 990 AND TO MAKE SUBMISSION, REFLECTED IN CORPORATE MINUTES. Form 990, Part VI, Section B, Line 12c ALL BOARD DIRECTORS REQUIRED TO SIGN CONFLICT OF INTEREST POLICY DOCUMENT, ON ALL MATTERS REQUIRING A VOTE, BOARD DIRECTORS DISCUSS ISSUES POSING A CONFLICT. IF CONFLICT EXISTS, INTERESTED PERSONS ARE REQUESTED TO ABSTAIN FROM FURTHER DISCUSSION AND FROM VOTING. ALL SUCH ISSUES HAVE BEEN DOCUMENTED IN ORG MINUTES AND RELEVANT RESOLUTIONS. Form 990, Part VI, Section B, Line 15 FY 2021 CEO SALARY. W/O INVOLVEMENT OF THE CEO BOARD PRESIDENT, THE BOARD OF DIRECTORS RESEARCHED CEO COMPENSATIONS FOR A PERFORMING ARTS CONSERVATORY EXEC DIRECTOR COMPARABLE IN RESPONSIBILITIES AND COST OF LIVING. THE BOARD EXCUSED THE CEO AND DISCUSSED HIS COMPENSATION PACKAGE; VOTING COMMENCED, THE CEO WAS NOT PRESENT WHEN VOTING TOOK PLACE. VOTE REGARDING CEO COMPENSATION WAS RECORDED IN OFFICIAL MINUTES AND IN CORP RESOLUTION. Form 990, Part VI, Section C, Line 19 The organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year through the organization's official website and available upon request from organization's official email and mailing addresses. Form 990, Part IX, Line 11g FOR SERVICES RENDERED BY ARTS INSTRUCTORS AND EVENT ASSISTANTS.