Artbeat Inc

“Richard Aldag 1885 Colombard Wy Yountville CA 94559, Beverley Hawkins 7918 236th St SW 209 Edmonds WA 98026, Isabel Degadillo DValez 709 El Porque Dr El Paso, TX 79912, John Duykers 1645 Furlong Rd, Vicki Shaw 617 W 24th Place, Eugene OR 97405 Leilani McCoy 4400 48th Ave So Seattle WA 98119, Robert Purnell, 4400 48th Ave So Seattle WA 98118, Daerius Frowner 51 Booraem Ave Jersey City NJ 07307, Paul Stednitz 6920 Evergreen Wy Everett WA 98203, Richard Stewart 951 So 12th St 321D San Jose CA 95112.”

“A copy of the completed 990 and schedules is sent to board members for review and comment, prior to submitting the form to the IRS.”

“Directors Robert Purnell and Leilani McCoy are Husband and Wife.”

“Program Service Expenses 18,710, Grants and allocations 0, Revenue 5,629 Artbeat presented Irish Tenor, Anthony Kearns in aprogram of traditional and classical music at the Redondo Beach Performing Arts Center to a small but appreciative audience.”

“Program Service Expenses 12,234, Grants and allocations 0, Revenue 2,626 Taylor 2 Paul Taylor Dance Company, a six member touring company was presented in Missoula, Montana where Artbeat has occasionally presented a three-show season in cooperation with University of Montana Productions. The performance was well received. Of special note six young dancers from a rural Native American community of Arlee, south of Missoula attended the perfomance and a workshop offered by the companys director, Ruth Ahrens. The director of Missoula Dance Collective, Heather Adams, who picked up the girls said that on their way to Missoula, the girls chatted like young teenagers, But last night, they were young people whos minds were growing in that very moment. New connections were being made in the car and passions were being ignited”

“Program Service Expenses 301,530, Grants and allocations 0, Revenue 375 300,090 of the total is allocated to Admin and the balance 1,440 is allocated to Fund Raising. The total revenue of 375 is from Admin.”

“The compensation of 140,000 was paid to Mr. David Shaw, the President and Cheif Operating Officer of Artbeat but not paid by Artbeat. The 140,000 was paid to Black Point for the lease of Mr. Shaws Services to Artbeat. Therefore Artbeat has no reportable compensation where Mr. Shaw is concerned since the compensation paid to Mr. Shaw was paid by and reported by Black Points FEIN 90-0572187, for the calendar year 12/31/14. Therefore, there is no compensation reported on Part VII, Section A, Line 8 nor Sch J for Mr. Shaw.”

“The full board was consulted on hiring of the auditor. Once we hired an auditor, we needed to create an audit committee.After reviewing many models, we decided to have our finance committee, serve as the audit committe as they were the board members most capable of tracking the audit process and responding to recommendations.”