| FORM 990, PAGE 1, LINE A: |
THE KENNEDY CENTER KEEPS ITS BOOKS AND COMPUTES ITS INCOME ON THE BASIS OF A 52-53 WEEK TAX YEAR. THE 52-53 WEEK TAX YEAR ALWAYS ENDS ON THE SUNDAY NEAREST TO THE LAST CALENDAR DAY IN SEPTEMBER. THE TAX YEAR REPORTED HEREIN REPRESENTS THE PERIOD FROM OCTOBER 2, 2017, THROUGH SEPTEMBER 30, 2018, A 52 WEEK TAX YEAR. UNDER SECTION 441 OF THE INTERNAL REVENUE CODE, THE KENNEDY CENTER MADE AN INITIAL ELECTION TO USE A 52-53 WEEK TAX YEAR IN ITS 2006 FORM 990. HOWEVER, WHEN THE INTERNAL REVENUE SERVICE RESPONDED TO THE KENNEDY CENTERS REQUEST, IT NOTIFIED THE CENTER THAT IT CANNOT ACCEPT A 52-53 WEEK ELECTION FOR AN EXEMPT ORGANIZATION. ACCORDINGLY, AND TO ENSURE THAT THE INTERNAL REVENUE SERVICE WOULD ACCEPT THE KENNEDY CENTERS CURRENT RETURN, THE KENNEDY CENTER CHANGED THE DATES OF ITS REPORTING PERIOD FROM THE AFOREMENTIONED DATES TO THE PERIOD OCTOBER 1, 2017 THROUGH SEPTEMBER 30, 2018. |
| FORM 99O, PART III, LINE 1: |
AS THE NATIONS PERFORMING ARTS CENTER, AND A LIVING MEMORIAL TO PRESIDENT JOHN F. KENNEDY, WE ARE A LEADER FOR THE ARTS ACROSS AMERICA AND AROUND THE WORLD, REACHING AND CONNECTING WITH ARTISTS, INSPIRING AND EDUCATING COMMUNITIES. WE WELCOME ALL TO CREATE, EXPERIENCE, LEARN ABOUT AND ENGAGE WITH THE ARTS. |
| FORM 990, PART III, LINE 4A: |
THE JOHN F. KENNEDY CENTER FOR THE PERFORMING ARTS IS THE NATIONS PERFORMING ARTS FACILITY, ANNUALLY HOSTING MORE THAN 2,000 PERFORMANCES AND EVENTS FOR AUDIENCES TOTALING NEARLY 2 MILLION, WITH TELEVISED PRODUCTIONS, EVENTS AND RADIO BROADCASTS REACHING 40 MILLION MORE. THE ORGANIZATION (A) PRODUCES AND PRESENTS MUSIC, DANCE, THEATER, OPERA AND BALLET; (B) SUPPORTS ARTISTS IN THE CREATION OF NEW WORKS; AND (C) SERVES AS THE NATIONS LEADER IN ARTS EDUCATION. ADDITIONALLY, THE ORGANIZATION IS A LIVING MEMORIAL TO THE LATE PRESIDENT JOHN F. KENNEDY AND RECEIVES MORE THAN 1 MILLION VISITORS ANNUALLY FROM EVERY STATE AND COUNTRIES AROUND THE WORLD WHO CAN VIEW THE INFORMATION ABOUT HIS VISION AND ADVOCACY FOR THE ARTS, HIS LIFE AND HIS PRESIDENCY. |
| FORM 990, PART VI, LINE 2: |
MR. DAVID M. RUBENSTEIN AND MS. JANET HILL HAVE A BUSINESS RELATIONSHIP. MR. DAVID M. RUBENSTEIN AND MR. ANTHONY WELTERS HAVE A BUSINESS RELATIONSHIP. MS. JANET HILL AND MR. ANTHONY WELTERS HAVE A BUSINESS RELATIONSHIP. |
| FORM 990, PART VI, LINE 11B: |
PRIOR TO PROVIDING THE FORM 990 (RETURN) TO MEMBERS OF THE BOARD OF TRUSTEES FOR THEIR REVIEW AND CONSIDERATION, A DETAILED REVIEW WAS PERFORMED BY THE PRESIDENT, CHIEF FINANCIAL OFFICER, CONTROLLER, GENERAL COUNSEL AND VARIOUS OTHER MEMBERS OF SENIOR MANAGEMENT. THE RETURN WAS ALSO REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM. AFTER THE RETURN WAS FINALIZED, MANAGEMENT PROVIDED IT TO EACH TRUSTEE VIA EMAIL/WEBSITE PRIOR TO FILING THE RETURN WITH THE INTERNAL REVENUE SERVICE. QUESTIONS, IF ANY, WERE DIRECTED TO AND ADDRESSED BY THE CONTROLLER WHO COMMUNICATED SUBSTANTIVE QUESTIONS TO THE AUDIT COMMITTEE. RESPONSES TO NOTABLE QUESTIONS WERE PROVIDED TO ALL FOR THEIR INFORMATION. |
| FORM 990, PART VI, LINE 12C: |
THE CONFLICT OF INTEREST POLICY (POLICY) APPLIES TO ALL MEMBERS OF THE BOARD OF TRUSTEES (BOARD), KEY AND OTHER EMPLOYEES THAT HAVE AUTHORITY TO SIGN CONTRACTS TOTALING $25,000 OR MORE AND/OR HAVE THE POWER TO INFLUENCE A TRANSACTION BETWEEN THE KENNEDY CENTER AND ANOTHER organization (collectively known as "covered individuals"). the policy COVERS TRANSACTIONS BETWEEN THE KENNEDY CENTER AND (A) A COVERED INDIVIDUAL, (B) HIS OR HER FAMILY MEMBERS AND/OR (C) AN AFFILIATED ENTITY. TO ASSIST THE KENNEDY CENTER IN IDENTIFYING TRANSACTIONS WHERE THERE MAY BE AN ACTUAL OR PERCEIVED CONFLICT OF INTEREST, EACH COVERED INDIVIDUAL SHALL COMPLETE AND SIGN AN ANNUAL CONFLICT OF INTEREST DECLARATION (DECLARATION) AND SHALL, AS NECESSARY, UPDATE THE DECLARATION TO REFLECT ANY CHANGES DURING THE COURSE OF THE YEAR. DECLARATIONS COMPLETED BY THE TRUSTEES WHERE A POTENTIAL CONFLICT IS IDENTIFIED ARE REVIEWED BY THE AUDIT COMMITTEE. DECLARATIONS COMPLETED BY NON-TRUSTEE COVERED INDIVIDUALS ARE REVIEWED BY THE GENERAL COUNSEL. WHEN A TRUSTEE BECOMES AWARE OF A CONFLICT, HE OR SHE HAS THE DUTY TO IMMEDIATELY DISCLOSE THE EXISTENCE AND CIRCUMSTANCES OF THE CONFLICT TO THE BOARD CHAIR (IF A CONFLICT WERE TO INVOLVE THE BOARD CHAIR, THE EXISTENCE AND CIRCUMSTANCE OF THE CONFLICT WOULD BE DISCLOSED TO EITHER THE AUDIT COMMITTEE OR THE GENERAL COUNSEL). WHEN A NON-TRUSTEE COVERED INDIVIDUAL BECOMES AWARE OF A CONFLICT, HE OR SHE HAS THE DUTY TO IMMEDIATELY DISCLOSE THE EXISTENCE AND CIRCUMSTANCES OF THE CONFLICT TO THE GENERAL COUNSEL (IF A CONFLICT WERE TO INVOLVE THE GENERAL COUNSEL, THE EXISTENCE AND CIRCUMSTANCE OF THE CONFLICT WOULD BE DISCLOSED TO THE AUDIT COMMITTEE). THE AFFECTED COVERED INDIVIDUAL MUST (A) REFRAIN FROM USING HIS OR HER PERSONAL INFLUENCE TO ENCOURAGE THE KENNEDY CENTER TO ENTER INTO/NOT ENTER INTO THE TRANSACTION AND (B) PHYSICALLY EXCUSE HIMSELF OR HERSELF FROM PARTICIPATION IN ANY DISCUSSIONS REGARDING THE TRANSACTION, EXCEPT TO RESPOND TO REQUESTS FOR INFORMATION. IF A CONFLICT IS EITHER DISCLOSED IN A DECLARATION TO THE BOARD CHAIR, AUDIT COMMITTEE OR GENERAL COUNSEL, IT WILL BE REVIEWED BY EITHER THE AUDIT COMMITTEE OR GENERAL COUNSEL. DURING THE AUDIT COMMITTEES (OR GENERAL COUNSELS) REVIEW, IT WILL CONSIDER WHETHER, ABSENT THE PARTICIPATION OF THE AFFECTED COVERED INDIVIDUAL, ANY PROPOSED CONFLICT IS FAIR AND REASONABLE TO THE KENNEDY CENTER. THE AUDIT COMMITTEE (OR GENERAL COUNSEL) WILL MAINTAIN SUCH DOCUMENTATION AS MAY BE NECESSARY AND APPROPRIATE TO DOCUMENT THE REVIEW OF THE CONFLICT AND WILL REPORT TO THE BOARD ON CONFLICTS (WHETHER APPROVED OR NOT). THE AUDIT COMMITTEE MAY SEEK ADVICE FROM THE GENERAL COUNSEL OR FROM OUTSIDE ADVISORS (THE GENERAL COUNSEL MAY ALSO SEEK ADVICE FROM OUTSIDE ADVISORS). SUCH ADVICE WILL GENERALLY BE IN CONNECTION WITH EITHER THE REVIEW OF ANY CONFLICT OR WITH THE ADMINISTRATION OF THE POLICY. |
| FORM 990, PART VI, LINE 15A: |
THE COMPENSATION OF THE KENNEDY CENTERS PRESIDENT IS EVALUATED BY THE HUMAN RESOURCES COMMITTEE OF THE BOARD. THE COMMITTEES CONSIDERATION OF THE PRESIDENTS COMPENSATION INCLUDED THE REVIEW OF COMPARABILITY DATA, RECOMMENDATIONS OF AN INDEPENDENT CONSULTANT AND THE CONTEMPRANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. |
| FORM 990, PART VI, LINE 15B: |
THE COMPENSATION PROCESS FOR THE KENNEDY CENTERS OFFICERS AND KEY EMPLOYEES IS EVALUATED BY THE HUMAN RESOURCES COMMITTEE OF THE BOARD. THE COMMITTEES CONSIDERATION OF THE OFFICERS AND KEY EMPLOYEES COMPENSATION INCLUDED THE REVIEW OF COMPARABILITY DATA AND THE CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. |
| FORM 990, PART VI, LINE 19: |
THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC. |
| FORM 990, PART XI, LINE 9: |
PENSION RELATED CHANGES EXCLUDING NET PERIODIC PENSION COSTS $1,586,727 GAIN ON INTEREST RATE SWAP $711,231 CHANGE IN SPLIT INTEREST AGREEMENTS $91,575 OTHER CHANGES IN NET ASSETS $(622,830) |
| FORM 990 PART IX LINE 11G |
DESCRIPTION:ARTIST AND OTHER PROG. SVCS. TOTAL FEES:34344934 |
| FORM 990 PART IX LINE 11G |
DESCRIPTION:BUILDING SERVICES TOTAL FEES:1666011 |
| FORM 990 PART IX LINE 11G |
DESCRIPTION:COMPANY FEES TOTAL FEES:11640153 |
| FORM 990 PART IX LINE 11G |
DESCRIPTION:IT/FACILITIES SERVICES TOTAL FEES:476737 |
| FORM 990 PART IX LINE 11G |
DESCRIPTION:OTHER CONTRACTED SERVICES TOTAL FEES:1056206 |
| FORM 990 PART IX LINE 11G |
DESCRIPTION:TEMPORARY STAFF SERVICES TOTAL FEES:210706 |
Attach to Form 990 or 990-EZ.