Descanso Gardens Foundation

“During the tax year 2017, the organization amended their bylaws in order to include the election of officers to be held at their annual meeting and to change the number of trustees.”

“The information used to prepare form 990 is gathered with the assistance of the executive director, cfo, and the director of development. The above data is then presented for compilation to the agency's outside cpa. Prior to filing the prepared form 990, the form is reviewed by the above listed parties and also by the audit committee. Once the form is approved by the above parties, the form is filed with the irs.”

“The organization annually receives a signed conflict of interest disclosure statement from each active board member. The disclosures are reviewed, and if necessary, are further discussed until a determination is made as to whether a conflict of interest exists. The organization will take appropriate action, dependent on the outcome of the above referenced discussion.”

“The executive director's compensation is reviewed and determined by the executive committee.”

“The organization makes its governing documents and financial statements available to the public upon request. In addition, the audited financial statements and form 990 are posted on the organization's website.”

“Enchanted, forest of light, is an interactive, nighttime experience featuring a one mile walk through unique lighting experiences in some of the most beloved areas of descanso gardens.”

“Contractors: program service expenses 150,943. Management and general expenses 150,810. Fundraising expenses 4,498. Total expenses 306,251. Light show contractors: program service expenses 37,834. Management and general expenses 0. Fundraising expenses 0. Total expenses 37,834. Program contractors: program service expenses 1,896,452. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,896,452. Light show design/install/music: program service expenses 121,232. Management and general expenses 0. Fundraising expenses 0. Total expenses 121,232. Light show parking: program service expenses 138,073. Management and general expenses 0. Fundraising expenses 0. Total expenses 138,073. Payroll service fees: program service expenses 42,090. Management and general expenses 0. Fundraising expenses 0. Total expenses 42,090. Ed expense/interpreataion: program service expenses 8,055. Management and general expenses 8,055. Fundraising expenses 0. Total expenses 16,110.”

“Subsequent to the issuance of the organization's 2016 financial statements and filing of their form 990, management determined the guild incorrectly reported deferred revenues related to advance ticket sales and memberships. The 2016 financial statements have been restated for these matters and a prior period adjustment of $(483,116) is reported on current year's form 990.”