<?xml version="1.0" encoding="utf-8"?> <Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2019v5.2"> <ReturnHeader binaryAttachmentCnt="0"> <ReturnTs>2021-04-13T12:53:45-05:00</ReturnTs> <TaxPeriodEndDt>2020-09-30</TaxPeriodEndDt> <PreparerFirmGrp> <PreparerFirmEIN>840803727</PreparerFirmEIN> <PreparerFirmName> <BusinessNameLine1Txt>REESE HENRY & COMPANY INC</BusinessNameLine1Txt> </PreparerFirmName> <PreparerUSAddress> <AddressLine1Txt>400 EAST MAIN ST SUITE 2</AddressLine1Txt> <CityNm>ASPEN</CityNm> <StateAbbreviationCd>CO</StateAbbreviationCd> <ZIPCd>81611</ZIPCd> </PreparerUSAddress> </PreparerFirmGrp> <ReturnTypeCd>990</ReturnTypeCd> <TaxPeriodBeginDt>2019-10-01</TaxPeriodBeginDt> <Filer> <EIN>841166423</EIN> <BusinessName> <BusinessNameLine1Txt>SHERIDAN ARTS FOUNDATION</BusinessNameLine1Txt> </BusinessName> <BusinessNameControlTxt>SHER</BusinessNameControlTxt> <PhoneNum>9707286363</PhoneNum> <USAddress> <AddressLine1Txt>PO BOX 2680</AddressLine1Txt> <CityNm>TELLURIDE</CityNm> <StateAbbreviationCd>CO</StateAbbreviationCd> <ZIPCd>81435</ZIPCd> </USAddress> </Filer> <BusinessOfficerGrp> <PersonNm>STEVEN PALAMAR</PersonNm> <PersonTitleTxt>PRESIDENT</PersonTitleTxt> <PhoneNum>9707286363</PhoneNum> <SignatureDt>2021-04-13</SignatureDt> <DiscussWithPaidPreparerInd>1</DiscussWithPaidPreparerInd> </BusinessOfficerGrp> <PreparerPersonGrp> <PreparerPersonNm>DENISE JURGENS CPA</PreparerPersonNm> <PTIN>P00087338</PTIN> <PhoneNum>9709253771</PhoneNum> </PreparerPersonGrp> <TaxYr>2019</TaxYr> <BuildTS>2022-09-23 18:48:47Z</BuildTS> </ReturnHeader> <ReturnData documentCnt="7"> <IRS990 documentId="RetDoc1038000001" referenceDocumentId="RetDoc1044400001"> <PrincipalOfficerNm>STEVEN PALAMAR</PrincipalOfficerNm> <USAddress> <AddressLine1Txt>PO BOX 2680</AddressLine1Txt> <CityNm>TELLURIDE</CityNm> <StateAbbreviationCd>CO</StateAbbreviationCd> <ZIPCd>81435</ZIPCd> </USAddress> <GrossReceiptsAmt>1496669</GrossReceiptsAmt> <GroupReturnForAffiliatesInd>0</GroupReturnForAffiliatesInd> <Organization501c3Ind>X</Organization501c3Ind> <WebsiteAddressTxt>WWW.SHERIDANOPERAHOUSE.COM</WebsiteAddressTxt> <TypeOfOrganizationCorpInd>X</TypeOfOrganizationCorpInd> <FormationYr>1991</FormationYr> <LegalDomicileStateCd>CO</LegalDomicileStateCd> <ActivityOrMissionDesc>THE SHERIDAN ARTS FOUNDATION WAS FOUNDED IN 1991 AS A 501(C)(3) NON-PROFIT ORGANIZATION TO: PRESERVE THE HISTORIC SHERIDAN OPERA HOUSE AS AN ARTS AND CULTURAL RESOURCE FOR THE TELLURIDE COMMUNITY; 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<ExplanationTxt>THE BOARD HAS REQUESTED THE PRESIDENT TO REVIEW THE 990 ON THEIR BEHALF. THE PRESIDENT REPORTS TO THE BOARD, AND THE BOARD HAS THE ABILITY TO MAKE CHANGES PRIOR TO FILING. ONCE THE 990 IS APPROVED BY THE BOARD, IT IS FILED.</ExplanationTxt> </SupplementalInformationDetail> <SupplementalInformationDetail> <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc> <ExplanationTxt>DIRECTORS, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A QUESTIONNAIRE ANNUALLY AND PROVIDE IT TO THE DIRECTOR OF FINANCE AND BUSINESS AFFAIRS.</ExplanationTxt> </SupplementalInformationDetail> <SupplementalInformationDetail> <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 15A</FormAndLineReferenceDesc> <ExplanationTxt>THE BOARD REVIEWS THE SALARY STRUCTURE FOR THE DIRECTOR OF FINANCE AND BUSINESS AFFIARS AND EVENT DIRECTOR POSITIONS ANNUALLY. INFORMATION USED INCLUDES COMPARABILITY OF SIMILAR POSITIONS TO THE LOCAL PAY STRUCTURE AND PERFORMANCE BASED STANDARDS. THE DISCUSSION IS HELD IN EXECUTIVE SESSION AND IS NOT INCLUDED IN THE MINUTES.</ExplanationTxt> </SupplementalInformationDetail> <SupplementalInformationDetail> <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc> <ExplanationTxt>UPON REQUEST, THE FOUNDATION PROVIDES COPIES OF GOVERNING DOCUMENTS AND THE ANNUAL AUDIT TO INTERESTED PARTIES.</ExplanationTxt> </SupplementalInformationDetail> <SupplementalInformationDetail> <FormAndLineReferenceDesc>FORM 990, PART IX, LINE 11G</FormAndLineReferenceDesc> <ExplanationTxt>CONTRACT LABOR: PROGRAM SERVICE EXPENSES 32,229. MANAGEMENT AND GENERAL EXPENSES 400. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,629. ARTIST FEES: PROGRAM SERVICE EXPENSES 238,062. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 238,062.</ExplanationTxt> </SupplementalInformationDetail> </IRS990ScheduleO> </ReturnData> </Return>