Aperture Foundation Inc.

“Line 11b explanation - form 990 review conducted by executive director, cfo & audit committee”

“The ceo engaged a recruiting firm to hire other key employees (cfo (2010), deputy director (2012), and sales director, books (2015). As with the ceo search, the recruiting firm helped with the search, reviewed applications, and provided comparable compensation data to help establish compensation. The board approved a 10% raise for the cfo in 2015, the first raise since the cfo was hired. When recruiting for the ceo position in 2010, the board engaged a recruiting consultant to help with the search, review applications, and determine compensation using comparable compensation data. The board approved a 10% salary increase in 2015, the first raise since the ceo was hired.”

“Information available upon request”

“Exhibits: program service expenses 128,008. Management and general expenses 0. Fundraising expenses 0. Total expenses 128,008. Commissions & fees: program service expenses 113,565. Management and general expenses 0. Fundraising expenses 0. Total expenses 113,565. Consignment: program service expenses 105,379. Management and general expenses 0. Fundraising expenses 0. Total expenses 105,379. Professional fees-other: program service expenses 17,740. Management and general expenses 71,412. Fundraising expenses 15,750. Total expenses 104,902. Bank & credit card charges: program service expenses 0. Management and general expenses 91,116. Fundraising expenses 0. Total expenses 91,116. Recruiting: program service expenses 0. Management and general expenses 85,043. Fundraising expenses 0. Total expenses 85,043. Catalogs & direct mail: program service expenses 39,687. Management and general expenses 5,535. Fundraising expenses 4,347. Total expenses 49,569. Prizes: program service expenses 46,952. Management and general expenses 0. Fundraising expenses 0. Total expenses 46,952. Payroll processing fees: program service expenses 0. Management and general expenses 38,157. Fundraising expenses 0. Total expenses 38,157. Memberships: program service expenses 0. Management and general expenses 0. Fundraising expenses 35,704. Total expenses 35,704. Trade shows: program service expenses 33,011. Management and general expenses 1,465. Fundraising expenses 0. Total expenses 34,476. Utilities: program service expenses 20,406. Management and general expenses 3,518. Fundraising expenses 4,222. Total expenses 28,146. Relocation: program service expenses 20,016. Management and general expenses 3,451. Fundraising expenses 4,141. Total expenses 27,608. Outside services: program service expenses 0. Management and general expenses 26,795. Fundraising expenses 22. Total expenses 26,817. Telephone: program service expenses 18,384. Management and general expenses 3,170. Fundraising expenses 3,804. Total expenses 25,358. Education: program service expenses 23,563. Management and general expenses 0. Fundraising expenses 0. Total expenses 23,563. Equipment: program service expenses 13,635. Management and general expenses 2,351. Fundraising expenses 2,821. Total expenses 18,807. Repairs & maintenance: program service expenses 13,100. Management and general expenses 2,259. Fundraising expenses 2,710. Total expenses 18,069. Dues & subscriptions: program service expenses 1,421. Management and general expenses 20. Fundraising expenses 6,890. Total expenses 8,331. Bad debts: program service expenses 0. Management and general expenses 7,151. Fundraising expenses 0. Total expenses 7,151. Vault: program service expenses 0. Management and general expenses 6,000. Fundraising expenses 0. Total expenses 6,000. Development expenses: program service expenses 0. Management and general expenses 350. Fundraising expenses 5,017. Total expenses 5,367. Place of assembly expense: program service expenses 3,144. Management and general expenses 542. Fundraising expenses 650. Total expenses 4,336. Archive: program service expenses 0. Management and general expenses 2,241. Fundraising expenses 0. Total expenses 2,241. Security: program service expenses 1,009. Management and general expenses 174. Fundraising expenses 209. Total expenses 1,392. Taxes: program service expenses 0. Management and general expenses 710. Fundraising expenses 0. Total expenses 710. Lectures: program service expenses 698. Management and general expenses 0. Fundraising expenses 0. Total expenses 698. Research: program service expenses 484. Management and general expenses 11. Fundraising expenses 13. Total expenses 508. Contribution expenses: program service expenses 0. Management and general expenses 0. Fundraising expenses 151. Total expenses 151.”