. -.. 1 - a . . group Check-ID 6201904050000143 CHAR500 Send with fee and attachments to: NYS Office of the Attorney General Charities Bureau Registration Section 28 Liberty Street New York, NY 10005 NYS Annual Filing for Charitable Organizations www.CharitiesNYS.com 2016 Open to Public Inspection 1. General Information , 1 o . For Fiscal Year Beginning (mm/dd/yyyy) / ° / 2016 and Ending (mm/dd/yyyy) Name of Organization: Check if Applicable: 58th Presidential Inaugural Committee X Address Change 1 Mailing Address: Name Change 0 3 1 1 2 1 0 1 7 8 1 4 4 6 3 6 8 9 1 8 NY Registration Number: 41 5 I City / State / Zip: X Final Filing .. / Employer Identification Number (EIN): 45 North Hill Drive, Suite 100 X Initial Filing - 18 0. - Telephone: Warrenton, VA 20186 Amended Filing keg 1 Website: ID Pending Check your organization's registration category: Email: X 7A only EPTL only DUAL (7A & EPTL) EXEMPT Confirm your Registration Category in the Charities Registry at www.CharitiesNYS.com. 2. Certification See instructions for certification requirements. Improper certification is a violation of law that may be subject to penalties. , We certi6i under penalties of perjury that we reviewed this report, including all attachments, and to the best of our knowledge and belief, they are true, correct and complete in accordance with the laws of the State of New York applicable to this report. 3/26/19 President or Authorized Officer: Signature Print Name and Title Signature Print Name and Title Date 3/26/19 Chief Financial Officer or Treasurer: Date 3. Annual Reporting Exemption Check the exemption(s) that apply to your filing. If your organization is claiming an exemption under one category (7A or EPTL only filers) or both categories (DUAL filers) that apply to your registration, complete only parts 1, 2, and 3, and submit the certified Char500. No fee, schedules, or additional attachments are required. If you cannot claim an exemption or are a DUAL filer that claims only one exemption, you must file applicable schedules and attachments and pay applicable fees. 3a. 7A filing exemption: Total contributions from NY State including residents, foundations, government agencies, etc. did not exceed $25,000 and the organization did not engage a professional fund raiser (PFR) or fund raising counsel (FRC) to solicit contributions during the fiscal year. Or the organization qualifies for another 7A exemption (see instructions). 3b. EPTL filing exemption: Gross receipts did not exceed $25,000 and the market value of assets did not exceed $25,000 at any time during the fiscal year. 4. Schedules and Attachments See the following page for a checklist of Yes Z No schedules and attachments to complete your filing., El Yes x No 0 4a. Did your organization use a professional fund raiser, fund raising counsel or commercial co-venturer for fund raising activity in NY State? If yes, complete Schedule 4a. 4b. Did the organization receive government grants? If yes, complete Schedule 4b. 5. Fee See the checklist on the next page to calculate your fee(s). Indicate fee(s) you are submitting here: 7A filing fee: $ 25 EPTL filing fee: $ Total fee: $ 25 CHAR500 Annual Filing for Charitable Organizations (Updated December 2016) Make a single check or money order payable to: "Department of Law" Page 1 CHAR500 Annual Filing Checklist Simply submit the certified CHAR500 with no fee, schedule, or additional attachments IF: - Your organization is registered as 7A only and you marked the 7A filing exemption in Part 3. - Your organization is registered as EPTL only and you marked the EPTL filing exemption in Part 3. - Your organization is registered as DUAL and you marked both the 7A and EPTL filing exemption in Part 3. Checklist of Schedules and Attachments Check the schedules you must submit with your CHAR500 as described in Part 4: If you answered "yes" in Part 4a, submit Schedule 4a: Professional Fund Raisers (PFR), Fund Raising Counsel (FRC), Commercial Co-Venturers (CCV) 111 If you answered "yes" in Part 4b, submit Schedule 4b: Government Grants Check the financial attachments you must submit with your CHAR500: Ei IRS Form 990, 990-EZ, or 990-PF, and 990-T if applicable 1=1 All additional IRS Form 990 Schedules, including Schedule B (Schedule of Contributors). 111 Our. organization was eligible for and filed an IRS 990-N e-postcard. We have included an IRS Form 990-EZ for state purposes only. If you are a 7A only or DUAL filer, submit the applicable independent Certified Public Accountant's Review or Audit Report: 111 Review Report if you received total revenue and support greater than $250,000 and up to $750,000. 1=1 Audit Report if you received total revenue and support greater than $750,000 1=1 No Review Report or Audit Report is required because total revenue and support is less than $250,000 We are a DUAL filer and checked box 3a, no Review Report or Audit Report is required Calculate Your Fee For 7A and DUAL filers, calculate the 7A fee: Is my Registration Category 7A, EPTL, DUAL or EXEMPT? Organizations are assigned a Registration Category upon registration with the NY Charities Bureau: 111 $0, if you checked the 7A exemption in Part 3a 1=1 $25, if you did not check the 7A exemption in Part 3a For EPTL and DUAL filers, calculate the EPTL fee: 1=1 $0, if you checked the EPTL exemption in Part 3b 7A filers are registered to solicit contributions in New York under Article 7-A of the Executive Law ("7A") EPTL filers are registered under the Estates, Powers & Trusts Law ("EPTL") because they hold assets and/or conduct activites for charitable purposes in NY. El $25, if the NET WORTH is less than $50,000 DUAL filers are registered under both 7A and EPTL. 11 $50, if the NET WORTH is 550,000 or more but less than $250,000 111 $100, if the NET WORTH is $250,000 or more but less than $1,000,000 El $250, if the NET WORTH is $1,000,000 or more but less than $10,000,000 111 $750, if the NET WORTH is $10,000,000 or more but less than $50,000,000 E1 $1500, if the NET WORTH is 550,000,000 or more Send Your Filing Send your CHAR500, all schedules and attachments, and total fee to: NYS Office of the Attorney General Charities Bureau Registration Section 28 Liberty Street New York, NY 10005 CHAR500 Annual Filing for Charitable Organizations (Updated December 2016) EXEMPT filers have registered with the NY Charities Bureau and meet conditions in Schedule E - Registration Exemption for Charitable Organizations. These organizations are not required to file annual financial reports but may do so voluntarily. Confirm your Registration Category and learn more about NY law at www.CharitiesNYS.com. Where do I find my organization's NET WORTH? NET WORTH for fee purposes is calculated on: - IRS From 990 Part I, line 22 - IRS Form 990 EZ Part I line 21 - IRS Form 990 PF, calculate the difference between Total Assets at Fair Market Value (Part II, line 16(c)) and Total Liabilities (Part II, line 23(b)). Page 2 CHAR500 Instructions for Completing Your NY Annual Filing www.CharitiesNYS.com Need Assistance? Visit: www.CharitiesNYS.com Call: (212) 416-8401 Email: Charities.Bureau@ag.ny.gov 2016 Open to Public Inspection Before You Begin Visit www.CharitiesNYS.com and search the Charities Registry to find your organization's NY State Registration Number (##-##-##) and Registration Category (7A, EPTL, DUAL, or EXEMPT). Knowing your organization's Registration Category will help you respond to Sections 1 and 3, determine the required attachments to the CHAR500 and calculate your filing fee. If your organization is not registered with the Charities Bureau, please complete CHAR410 "Registration Statement for Charitable Organizations". 1. General Information Enter the accounting period covered by the report. Provide the best contact information for your organization. This information will be publicly available in the Charities Registry and will be used for communication to your organization. If your organization is registered and this is your regular annual filing, check Initial Filing. If your contact information needs to be updated, check Address Change and/or Name Change. Check Amended Filing if you are making a change to a previous filing. If you have submitted a CHAR410 - Registration Statement for Charitable Organizations - but do not yet have a NY State Registration Number, check NY Reg Pending. If this is a final filing and the organization is seeking dissolution or ceasing operations, check Final Filing and submit all applicable IRS schedules and attachments. If your organization is a NY corporation, visit www.CharitiesNYS.com for information on how to dissolve. Check the Charities Bureau Registration Category of your organization (7A, EPTL, DUAL, or EXEMPT). EXEMPT organizations are those that have registered with the NY Charities Bureau and meet conditions in Schedule E - Registration Exemption for Charitable Organizations - but have registered and file voluntarily. 2. Certification When you have completed the form, sign and print the name, title and date. For 7A and DUAL filers, the CHAR500 must be signed by both the president or another authorized officer and the chief financial officer or treasurer. These must be different individuals. EPTL filers have the option of a single signature if the certification is by a banking institution or a trustee of a trust. Clearly state the title of the representative (e.g. "President," "CEO", Treasurer," "CFO," "Bank Vice President" or "Trustee"). 3. Annual Reporting Exemption You may claim an exemption from the reporting and fee requirements if you meet the filing exemptions applicable to your organization. If claiming an exemption under one statute (7A and EPTL only filers) or both statutes (DUAL filers) that apply to your registration, complete only parts 1, 2, and 3, and submit the certified Char500. No fee, schedule, or additional attachments are required. Otherwise, file all required schedules and attachments and pay applicable fees. Note: A 7A or DUAL filer with contributions over 525,000 that did not contract with a professional fund raiser may check the 7A filing exemption in Part 3 if it (i) received all or substantially all of its contributions from a single government agency to which it submitted an annual report similar to that required by Executive Law Article 7A, or (ii) it received an allocation from a federated fund, United Way or incorporated community appeal and contributions from all other sources did not exceed $25,000. 4. Schedules and Attachments If you do not qualify for the reporting exemptions as described in Part 3, review the checklist of schedules and attachments required to complete your filing. If your organization qualified for and submitted an IRS 990-N "e-Postcard", you must complete and submit an IRS Form 990-EZ to the NY Charities Bureau for reporting purposes. The NY Charities Bureau will not accept an IRS 990-N "e-postcard" because it does not contain sufficient financial information. 5. Fee Your total fee is based on your registration category (7A, EPTL or DUAL). 7A or EPTL filers only pay the fee that applies to the statute under which they have registered unless they have claimed an exemption in Part 3. DUAL filers must pay both fees, unless they have claimed an exemption in Part 3. Consult the CHAR500 to calculate your fee or contact the NY Charities Bureau if you have additional questions. When to Submit Your Filing 7A and DUAL filers: postmarked within 4 1/2 months after the organization's accounting period ends. For example, fiscal year end December 31 reports are due by May 15th of the following year. EPTL filers: postmarked within 6 months after the organization's accounting period ends. An additional 180 day extension is automatically granted. Information regarding extensions is available at www.CharitiesNYS.com. Where to Submit Your Filing Payment must be made to the "Department of Law". Send the complete filing with payment to: NYS Office of the Attorney General, Charities Bureau Registration Section, 28 Liberty Street, New York, NY l000s. Penalties The Attorney General may cancel the registration of or seek civil penalties from an organization that fails to comply with the filing requirements. CHAR500 Instructions for Completing Your NY Annual Filing (Updated December 2016) Page 1 CHAR500 2016 Schedule 4a: Professional Fund Raisers, Fund Raising Counsels, Commercial Co-Venturers www.CharitiesNYS.com Open to Public Inspection If you checked the box in question 4a in Part 4 on the CHAR500 Annual Filing for Charitable Organizations, complete this schedule for EACH Professional Fund Raiser (PFR), Fund Raising Counsel (FRC) or Commercial Co-Venturer (CCV) that the organization engaged for fund raising activity in NY State. The PFR or FRC should provide its NY Registration Number to you. Include this schedule with your certified CHAR500 NYS Annual Filing for Charitable Organizations and use additional pages if necessary. 1. Organization Information Name of Organization: 2. Professional Fund Raiser, Fund Raising Counsel, Commercial Co-Venturer Information Fund Raising Professional type: Name of FRP: 0 Professional Fund Raiser Mailing Addri Mailing Address: NY Registration Number: Telephone: El Fund Raising Counsel City / State / Zip: El Commercial Co-Venturer 3. Contract Information Contract End Date: Contract Start Date: 4. Description of Services Services provided by FRP: 5. Description of Compensation Compensation arrangement with FRP: Amount Paid to FRP: 6. Commercial Co-Venturer (CCV) Report Yes 0 No If services were provided by a CCV, did the CCV provide the charitable organization with the interim or closing report(s) required by Section 173(a) part 3 of the Executive Law Article 7A? Definitions A Professional Fund Raiser (PFR), in addition to other activities, conducts solicitation of contributions and/or handles the donations (Article 7A, 171-a.4). A Fund Raising Counsel (FRC) does not solicit or handle contributions but limits activities to advising or assisting a charitable organization to perform such functions for itself (Article 7A, 171-a.9). A Commercial Co-Venturer (CCV) is an individual or for-profit company that is regularly and primarily engaged in trade or commerce other than raising funds for a charitable organization and who advertises that the purchase or use of goods, services, entertainment or any other thing of value will benefit a charitable organization (Article 7A, 171-a.6). CHAR500 Schedule 4a: Professional Fund Raisers, Fund Raising Counsels, Commercial Co-Venturers (Updated December 2016) Page 1 CHAR500 2016 Open to Public Inspection Schedule 4b: Government Grants www.CharitiesNYS.com If you checked the box in question 4b in Part 4 on the CHAR500 Annual Filing for Charitable Organizations, complete this schedule and list EACH government grant. Use additional pages if necessary. Include this schedule with your certified CHAR500 NYS Annual Filing for Charitable Organizations. 1. Organization Information NY Registration Number: Name of Organization: 2. Government Grants Name of Government Agency Amount of Grant 1. 1. 2. 2. 3. 3. 4. 4. 5. 5. 6. 6. 7. 7. 8. 8. 9. 9. 10. 10. 11. ) 11. 12. 12. 13. 13. 14. 14. 15. 15. Total Government Grants: Total: CHAR500 Schedule 4b: Government Grants (Updated December 2016) Page 1 Form 990 IP. Do not enter social security numbers on this form as it may be made public. 111. Information about Form 990 and its instructions is at wwwits.gov/form990. A For the 2016 calendar year, or tax year beginning 'Address 'change =Name I Ichange 81-4463688 oOm/suite IE Telephone number WARRENTON, VA 20186 G Gross receipts H(a) Is this a group retum for subordinates? El Yes I X I No H(b) Are ail subordinates Included? EIYes El No 4947(a)(1) or I I 527 If "No," attach a list. (see instructions) )1 (insert no.) H(c) Group exenption number 111 Association 11—&— ter L Year of formation: 2016Im State of legal domicile:VA F Name and address of principal officer:THOMAS SAME AS C ABOVE I 501(c)(3) LXJ 501(c) ( I Tax-exempt status: I 58PIC2017 ORG WWW . J Website: K Form of organization: X Corporation MI Trust 504-341-8808 106,751,308. T00 45 NORTH HILL DRIVE City or town, state or province, country, and ZIP or foreign postal code Fl ltioPri"ca* i Pending OCT 31 , 203.7 D Employer identification number Doing business as Number and street (or P.O. box if mail is not delivered to street addresS) Ireturn IFinal Ireturn/ terminated Arnended retum 1 and ending Open to Public Inspection 58TH PRESIDENTIAL INAUGURAL COMMITTEE I I NOV 21 , 2016 C Name of organization applicable: 2016 Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations) Department of the Treasury Internal Revenue Service B Chad< it OMB No. 1545-0047 Return of Organization Exempt From IncomeTax BARRACK Part I I Summary 1 Briefly describe the organization's mission or most significant activities: TO PROMOTE THE SOCIAL WELFARE BY 0ca) SUPPORTING THE INAUGURAL ACTIVITIES OF THE PRESIDENT—ELECT AND VICE co E 0 g (..1 2 3 4 0 Check this box Illo• I I if the organization discontinued its operations or disposed of more than 25% of its net assets. 3 Number of voting members of the goveming body (Part VI, line 1a) 4 Number of independent voting members of the goveming body (Part VI, line 1b) Total number of individuals employed in calendar year 2016 (Part V, line 2a) 6 Total number of volunteers (estimate if necessary) 7 a Total unrelated business revenue from Part VIII, column (C), line 12 b Net unrelated business taxable income from Form 990-T, line 34 6 3 3 208 500 7a 7b 0. 5 : 5 tr. .5 • :.-.0 < 0. Prior Year 8 Contributions and grants (Part VIII, line 1h) cc 9 10 11 12 Program service revenue (Part VIII, line 2g) Investment income (Part VIII, column (A), lines 3, 4, and 7d) Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) Total revenue • add fines 8 through 11 (must equal Part VIII, column (A), line 12) Grants and similar amounts paid (Part IX, column (A), lines 1-3) Benefits paid to or for members (Part IX, column (A), line 4) Salaries, other compensation, employee benefits (Part IX, column (A), lines 5-10) Professional fundraising fees (Part IX, column (A), line 11e) zc >4.ti)1 13 14 in 15 2co 16a b Total fundraising expenses (Part IX, column (D), line 25) ce ,F,L, tii 17 Current Year 106,751,308. 0, PI, 0. 0. 0. 106,751,308. 5,000,000. 0. 4,602,119. 23,659. 236,748 94,334,530. 103,960,308. 2,791,000. Other expenses (Part IX, column (A), lines 11a-110, 111-24e) 18 Total expenses. Add lines 13-17 (must equal Part IX, column (A), line 25) 19 Revenue less expenses. Subtract line 18 from line 12 eil Beginning of Current Year 0c End of Year 2,791,000. 1,5,+,7,1 20 Total assets (Part X, line 16) .03 <-. 1 .-' = 2.2 21 Total liabilities (Part X, line 26) 22 Net assets or fund balances. Subtract line 21 from line 20 0. 2,791,000. art II I Signature Bloc Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of My knowledge and belief, it is true, correct, and corrigible. De.claration oi preparer (other than officer) is based on all information of which preparer has any knowledge. S Sign Here \ r a ( W-ti 246/IF___ e artificer Date SARA. ARMSTRONG , CEO lype or print name and title Print/Type preparer's name Prepari • signatu& RENAE DUNCAN Preparer Firm's name ip. ATCHLEY & ASSOC IATES , LLP Use Only Firm's address 0, 1005 LA POSADA DRIVE Paid A, , c-PA AUSTIN , TX 78752 May the IRS discuss this return with the preparer shown above? (see instructionA_ 632001 11-11-18 Date 1/29/18 Chect II I 1 PTIN seli-employed PO1257722 Firm's E1N io. 74-2920819 Phone no. ( 512 )346-2086 ahes LJ No LHA For Paperwork Reduction Act Notice, see the separate instructions. SEE SCHEDULE 0 FOR ORGANIZATION MISSION STATEMENT CONTINUATION Form 990 (2016) Form 990 TO16) 58TH PRESIDENTIAL INAUGURAL COMMITTEE 81-4463688 Part III Statement of Program Service Accomplishments Page 2 . Check if Schedule 0 contains a response or note to any line in this Part III 1 = Briefly describe the organization's mission: TO PROMOTE THE SOCIAL WELFARE BY SUPPORTING THE INAUGURAL ACTIVITIES OF THE PRESIDENT-ELECT AND VICE PRESIDENT-ELECT OF THE UNITED STATES IN CONNECTION WITH THE 58TH PRESIDENTIAL INAUGURAL. 2 Did the organization undertake any significant program services during the year which were not listed on the =Yes I X I No prior Form 990 or 990-EZ? If "Yes," describe these new services on Schedule O. 3 Did the organization cease conducting, or make significant changes in how it conducts, any program services? =Yes No If "Yes," describe these changes on Schedule O. 4 Describe the organization's program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported. 4a 91,142,007.including grants of $ 5,000,000. ) (Revenue $ 106,751,308.) ) (Expenses $ (Code: PLANNING, FUNDRAISING AND IMPLEMENTING THE INAUGURAL ACTIVITIES OF THE PRESIDENT-ELECT AND VICE PRESIDENT-ELECT OF THE UNITED STATES IN CONNECTION WITH THE 58TH PRESIDENTIAL INAUGURAL. 4b (Code: MExpenses$ including grants $ ) (Revenue $ 4c (Code: ) (Expenses $ including grants of $ ) (Revenue $ 4d Other program services (Describe in Schedule O.) 4e Total program service expenses Po. (Expenses $ including grants of $ ) (Revenue $ 91,142,007. Form 990 (2016) 632002 11-11-16 15520129 796448 10402 2 2016.05040 58TH PRESIDENTIAL INAUGURAL 10402_01 58TH PRESIDENTIAL INAUGURAL COMMITTEE Form 990 (2016) I Part IV I Checklist of Required Schedules 81-4463688 Rage 3 Yes No 1 Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If °Yes," complete Schedule A 2 Is the organization required to complete Schedule B, Schedule of ContributorR 3 Did the organization engage in direct or indirect pobtical campaign activities on behalf of or in opposition to candidates for public office? If °Yes," complete Schedule C, Part/ 4 Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If 'Yes,' complete Schedule C, Part II 5 Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or 6 similar amounts as defined in Revenue Procedure 98-19? If °Yes,* complete Schedule C, Part III I 5 Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If °Yes," complete Schedule D, Part I I 6 7 Did the organization receive or hold a conservation easement, including easements to preserve open space, 8 Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes," complete the environment, historic land areas, or historic structures? If "Yes," comp/ete Schedule D, Part ll Schedule D, Part III I 1 I 2 I X X I X I3 I 4 I IX I IX I_7 I IX I 8 I I I 9 I IX X Did the organization report an amount in Part X, line 21, for escrow or custodial account liability, serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? 9 If "Yes,' complete Schedule D, Part IV Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments? If "Yes," complete Schedule D, Part V I 10 If the organization's answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X 10 I IX as appficable. a Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If °Yes,' complete Schedule D, Part VI I 11a I I X b Did the organization report an amount for investments - other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII I 11b I I X c Did the organization report an amount for investments - program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII 111ct_ I X d Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, fine 16? If °Yes," complete Schedule D, Part IX [11c11 11 e Did the organization report an amount for other liabilities in Part X, line 25? If °Yes," complete Schedule D, Part X f Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)? If °Yes," complete Schedule D, Part X 12a Did the organization obtain separate, independent audited financial statements for the tax year? If *Yes," complete Schedule D, Parts XI and XII b Was the organization included in consolidated, independent audited financial statements for the tax year? If °Yes," and if the organization answered °No° to line 12a, then completing Schedule D, Parts Xl and XII is optional 13 Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes,' complete Schedule E 14a Did the organization maintain an office, employees, or agents outside of the United States? b Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, I X x .11 I 11f I I X I 12a I I X 12b X 13 X 14a X investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 15 or more? If °Yes," complete Schedule F, Parts I and IV Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If "Yes," complete Schedule F, Parts II and IV I 14b I I X I 15 I I X 16 Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If °Yes," complete Schedule F, Parts III and IV I 16 I I X 17 Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), fines 6 and 11e? If "Yes," complete Schedule G, Part I 17 18 Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes,' complete Schedule G, Part ll 19 Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III I 18 I X I X I X I 19 I Form 990 (2016) 632003 11-11-16 15520129 796448 10402 3 2016.05040 58TH PRESIDENTIAL INAUGURAL 10402_01 Form 990 TO16) 58TH PRESIDENTIAL INAUGURAL COMMITTEE 81-4463688 Page4 Part IV Checklist of Required Schedules (continued) Yes 20a Did the organization operate one or more hospital facilities? If °Yes," complete Schedule H b If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this retum? 21 No X 20a 20b Did the organization report more than $5,000 of grants or other assistance to any domestic organization or X domestic govemment on Part IX, column (A), line 1? If "Yes," complete Schedule I, Parts I and II 21 22 Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If "Yes,' complete Schedule I, Parts I and III 22 X 23 Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization's current 23 X 24a X and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes,' complete Schedule J 24a Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If 'Yes," answer lines 24b through 24d and complete Schedule K. If "No", go to line 25a b Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception? 24b c Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds? d Did the organization act as an "on behatf of" issuer for bonds outstanding at any time during the year? 25a Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes,' complete Schedule L, Part I 24c 24d 25a X 25b X 26 X b Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ? If "Yes,' complete Schedule L, Part I 26 Did the organization report any amount on Part X, line 5, 6, or 22 for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons? If "Yes," complete Schedule L, Part ll Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial 27 contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons? If °Yes," complete Schedule L, Part III 28 27 Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions): a A current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV 28a b A family member of a current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV 28b c An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner? If "Yes,* complete Schedule L, Part IV 28c 29 Did the organization receive more than $25,000 in non-cash contributions? If °Yes," complete Schedule M 29 X X 30 Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation 30 X 31 contributions? If "Yes," complete Schedule M Did the organization fiquidate, terminate, or dissolve and cease operations? If °Yes,' complete Schedule N, Part I 31 X 32 Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?ff "Yes," complete Schedule N, Part ll 32 X 33 Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If °Yes," complete Schedule R, Part I 33 X 34 Was the organization related to any tax-exempt or taxable entity? If °Yes," complete Schedule R, Part II, III, or IV, and 34 X X Part V, line 1 35a Did the organization have a controlled entity within the meaning of section 512(b)(13)? b If "Yes" to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 36 Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes,' complete Schedu1e R, Part V, line 2 37 Did the organization conduct more than 5% of its activities through an entity that is not a related organization 38 Did the organization complete Schedule 0 and provide explanations in Schedule 0 for Part VI, lines llb and 19? Note. All Form 990 filers are required to complete Schedule 0 and that is treated as a partnership for federal income tax purposes? If °Yes,' complete Schedule R, Part VI 35a 35b 36 X 37 38 X Form 990 (2016) 632004 11-11-16 15520129 796448 10402 4 2016.05040 58TH PRESIDENTIAL INAUGURAL 10402_01 Form 990 S2016) 58TH PRESIDENTIAL INAUGURAL COMMITTEE 81-4463688 Page 5 Part VI Statements Regarding Other IRS Filings and Tax Compliance Check if Schedule 0 contains a response or note to any line in this Part V Yes la Enter the number reported in Box 3 of Form 1096. Enter -0- if not appficable No 13 la lb I b Enter the number of Forms W-2G included in line la. Enter -0- if not applicable c Did the organization comply with backup withholding rules for reportable payrnents to vendors and reportable gaming (gambling) winnings to prize winners? lc 2a Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return 2a X 208 b If at least one is reported on line 2a, did the organization file all required federal employment tax returns? 2b Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-fi/e (see instructions) 3a Did the organization have unrelated business gross income of $1,000 or more during the year? b If "Yes," has it filed a Form 990-T for this year? If "No," to line 3b, provide an explanation in Schedule 0 4a At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? 3a 3b X 4a b If "Yes," enter the name of the foreign country: See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). 5a Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? b Did any taxable party notify the organization that it was or is a party to a prohibited tax shetter transaction? c If "Yes," to line 5a or 5b, did the organization file Form 8886-T? 5a 5b 5c 6a Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization soficit any contributions that were not tax deductible as charitable contributions? 6a X 6b X b If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? Organizations that may receive deductible contributions under section 170(c). a Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? b If "Yes," did the organization notify the donor of the value of the goods or services provided? 7 7a 7b c Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 82829 7c d If "Yes," indicate the number of Forms 8282 filed during the year I 7d I e Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? 7e f Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? 7f g If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? h If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? 8 Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? 9 8 Sponsoring organizations maintaining donor advised funds. a Did the sponsoring organization make any taxable distributions under section 4966? b Did the sponsoring organization make a distribution to a donor, donor advisor, or related person? 10 Section 501(c)(7) organizations. Enter: a Initiation fees and capital contributions included on Part VIII, fine 12 b Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities 11 Section 501(c)(12) organizations. Enter: 9a 9b 10a 10b I a Gross income from members or shareholders lla b Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) llb 1 lb 12a Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041? b If "Yes," enter the amount of tax-exempt interest received or accrued during the year 13 7h 12a 1 103 1 Section 501(c)(29) qualified nonprofit health insurance issuers. a Is the organization ficensed to issue qualified health plans in more than one state? 13a Note. See the instructions for additional information the organization must report on Schedule O. b Enter the amount of reserves the organization is required to maintain by the states in which the organization is ficensed to issue qualified health plans c Enter Enterthe theamount amountof of reserves reserves on on hand 14a Did the organization receive any payments for indoor tanning services during the tax year? I 13b I 13c 13c b If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule 0 14a X 14b Form 990 (2016) 632005 11-11-16 15520129 796448 10402 5 2016.05040 58TH PRESIDENTIAL INAUGURAL 10402_01 Form 990 TO16) 58TH PRESIDENTIAL INAUGURAL COMMITTEE 81-4463688 Page 6 Part VI Governance, Management, and Disclosure For each °Yes° response to lines 2 through 7b below, and for a °No" response to line 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions. Check if Schedule 0 contains a response or note to any line in this Part VI E=I Section A. Goveming Body and Management Yes 1a Enter the number of voting members of the goveming body at the end of the tax year If there are material differenCes in voting rights among members of the governing body, or if the governing 1a 3 lb 3 No body delegated broad authority to an executive committee or similar committee, explain in Schedule O. b Enter the number of voting members included in line 1a, above, who are independent 2 Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other 3 Did the organization delegate control over management duties customarily performed by or under the direct supervision 4 Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? 4 5 Did the organization become aware during the year of a significant diversion of the organization's assets? 5 officer, director, trustee, or key employee? 2 of officers, directors, or trustees, or key employees to a management company or other person? 3 6 Did the organization have members or stockholders? 7a Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or 6 more members of the goveming body? b Are any govemance decisions of the organization reserved to (or subject to approval by) members, stockholders, or 7a persons other than the goveming body? 8 Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following: a The governing body? b Each committee with authority to act on behalf of the goveming body? 7b 9 Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization's mailing address? If "Yes,' provide the names and addresses in Schedule 0 X 8a X 8b X X 9 Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code) Yes 10a Did the organization have local chapters, branches, or affiliates? No X 10a b If "Yes," did the organization have written policies and procedures goveming the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes? 11a Has the organization provided a complete copy of this Form 990 to all members of its goveming body before filing the form? 10b 11a X b Describe in Schedule 0 the process, if any, used by the organization to review this Form 990. 12a Did the organization have a written conflict of interest policy? If °No," go to line 13 b Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? c Did the organization regularly and consistently monitor and enforce compliance with the policy? If °Yes," describe in Schedule 0 how this was done 12a X 12b X 12c X 13 Did the organization have a written whistleblower policy? 13 X 14 Did the organization have a written document retention and destruction policy? 14 X 15 Did the process for determining compensation of the following persons include a review and approval by independent 15a X 15b X persons, comparability data, and contemporaneous substantiation of the deliberation and decision? a The organization's CEO, Executive Director, or top management official b Other officers or key employees of the organization If "Yes" to fine 15a or 15b, describe the process in Schedule 0 (see instructions). 16a Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? 16a b If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization's exempt status with respect to such arrangements? 16b Section C. Disclosure NONE 17 List the states with which a copy of this Form 990 is required to be filed O' 18 Section 6104 requires an organization to make its Forms 1023 (or 1024 if applicable), 990, and 990-T (Section 501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply. 19 1=I Another's website IX1Upon request 1=1 Own website 1=I Other (explain in Schedule 0) Describe in Schedule 0 whether (and if so, how) the organization made its goveming documents, conflict of interest policy, and financial 20 State the name, address, and telephone number of the person who possesses the organization's books and records:O. statements available to the public during the tax year. TOM JOSEFIAK - 504-341-8808 C/O HOLTZMAN VOGEL, 45 NORTH HILL DRIVE, STE. 100, WARRENTON, VA 20186 632006 11-11-16 15520129 796448 10402 ' Form 990 (2016) 6 2016.05040 58TH PRESIDENTIAL INAUGURAL 10402_01 58TH PRESIDENTIAL INAUGURAL COMMITTEE Form 990 TO16) 81-4463688 Page 7 Part VII Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors lx Check if Schedule 0 contains a response or note to any line in this Part VII 1 Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees la Complete this table for all persons required to be fisted. Report compensation for the calendar year ending with or within the organization's tax year. • List all of the organization's current officers, directors, trustees (whether individuals or organizations), regardless of amount of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid. • List all of the organization's current key employees, if any. See instructions for definition of "key employee." • List the organization's tive CUrrent highest compensated employees (other than an officer, director, trustee, OT key employee) who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the organization and any related organizations. • List all of the organization's former officers, key employees, and highest compensated employees who received more than $100,000 of reportable compensation from the organization and any related organizations. • List all of the organization's former directors or trustees that received, in the capacity as a former director or trustee of the organization, more than $10,000 of reportable compensation from the organization and any related organizations. List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest compensated employees; and former such persons. El Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee. (A) (B) Name and Title Average hours per week (list any hours for related organizations below line) ( 1 ) THOMAS BARRACK PRESIDENT ( 2 ) RONALD SANDERS SECRETARY ( 3 ) DOUGLAS AMMERMAN TREASURER ( 4 ) SARA ARMSTRONG CEO (C) Position (do not check more than one box, untess person is both an officer and a director/trustee) 12 4-ai 8 -,,, ri n . g a g. .. il 2.-.. :4,= ,T. at (D) Reportable compensation from the organization (W-2/1099-MISC) (E) Reportable compensation from related organizations (W-2/1099-MISC) (F) Estimated amount of other compensation from the organization and related organizations i -̀ 2 - . g r , W•. •a'-. . 4, g .1- 21 2! X X 0. 0. 0. X X . 0. 0. 0. X X 0. 0. 0. X X 23,690. O. O. 2 a 20.00 10.00 20.00 - 40.00 - _ 632007 11-11-16 15520129 796448 10402 Form 990 (2016) 7 2016.05040 58TH PRESIDENTIAL INAUGURAL 10402_01 58TH PRESIDENTIAL INAUGURAL COMMITTEE Form 990 (2016) 81-4463688 Page8 Part VII I Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued) (A) (B) (C) (D) (E) (F) Name and title Average hours per week (list any hours for related organizations below line) Position Reportable compensation from the organization (W-2/1099-MISC) Reportable compensation from related organizations (W-2/1099-MISC) Estimated amount of other compensation from the organization and related organizations (do not check more than one box, unless person is both an officer and a director/trustee) 1 5.. ..1 .> f, , i g — .1- 2z ...E.02 8 L 2 a E I , . .g' ',..- _8 ,,,„,, _ ; f, .13*;.' g c .., I' E 1' - _ 0. lb Sub-total c Total from continuation sheets to Part VII, Section A 10. d Total (add lines lb and 1c) 2 23,690. 0. 23,690. 0. 0. 0. 0. 0. 0. Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable 0 compensation from the organization Yes 3 Did the organization list any former officer, director, or trustee, key employee, or highest compensated employee on line la? If °Yes,' complete Schedule J for such individual 3 4 For any individual listed on line la, is the sum of reportable compensation and other compensation from the organization 5 Did any person listed on line la receive or accrue compensation from any unrelated organization or individual for services and related organizations greater than $150,000? If °Yes," complete Schedule J for such individual x 4 rendered to the organization? If °Yes," complete Schedule J for such person Section B. Independent Contractors 1 No 5 Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization's tax year. (A) (B) (C) Name and business address Description of services Compensation WIS MEDIA PARTNERS, 1046 PRINCETON DRIVE, EVENT PRODUCTION MARINA DEL REY, CA 90292 SERVICES HARGROVE INC. EVENT PRODUCTION 1 HARGROVE DRIVE, LANHAM, MD 20706 SERVICES CAVALIER CONSULTING 1701 WEST 31ST STREET, AUSTIN, TX 78703 TICKETING SERVICES DAVID MONN, 135 WEST 27TH STREET, SUITE 2, EVENT PRODUCTION NEW YORK CITY, NY 10001 SERVICES PRODUCTION RESOURCE GROUP INC. EVENT PRODUCTION 539 TEMPLE HILL ROAD, NEW WINDSOR, NY 12553SERVICES 2 25,843,509. 25,000,000. 3,999,585. 3,747,431. 2,700,000. Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 0.- 36 Form 990 (2016) 632008 11-11-16 15520129 796448 10402 8 2016.05040 58TH PRESIDENTIAL INAUGURAL 10402_01 58TH PRESIDENTIAL INAUGURAL COMMITTEE Form 990 (2016) hedule 0 contains a response or n . , (A) Total revenue : I 00 4-'4cc 6-m. o _E C Fundraising events 21d ,.JE co Similar amounts nOt inCluded above S6 co -3c lf g u co a) a 5 ).. 0 a) 3 Revenuncluded from tax under sections 512-514 1c d Related organizations e Government grants (contributions) f All other contributions, gifts, grants, and o :47. )-• m 4) .o -c (C) Unrelated business revenue lb b Membership dues M< (B) Related or exempt function revenue la 1 a Federated campaigns g.6- 81-4463688 Page 9 Statement of Revenue Part VIII 1 1 1 le 106,751,308. 1,582,678. Noncash contributions included in lines 1a-1f: $ h Total. Add lines 1a-1f 106,751,308. 00: pusiness Code _ — _____ 2a b cn c c E>) d MO box e 2 Q. f All other program service revenue g Total. Add lines 2a-2f Investment income (including dividends, interest, and 3 other similar amounts) 4 Income from investment of tax-exempt bond proceeds 5 Royalties , O• 0. 1 (ii) Personal (i) Real 6 a Gross rents b Less: rental expenses c Rental income or (loss) d Net rental income or (loss) 7 a Gross amount from sales of assets other than inventory ____ (i) Securities 10: (ii) Other b Less: cost or other basis and sales expenses c Gain or (loss) e m c e > 0 cc ._ e .c 6 _ ___: d Net gain or (loss) 8 a Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 a b b Less: direct expenses c Net income or (loss) from fundraising events 9 a Gross income from gaming activities. See a Part IV, line 19 b b Less: direct expenses c Net income or (loss) from gaming activities j __ I _, _ O' 10 a Gross sales of inventory, less retums and allowances b Less: cost of goods sold c Net income or,floss) from sales of inventory Miscellaneous Revenue a b ____ _ _ 10' Business Code _ _ , 11 a b c d All other revenue e Total. Add lines 11a-11d Total revenue. See instructions. 12 632009 11-11-16 15520129 796448 10402 O• 10' 106,751,308. O. O. 0. FormEGOW6) 9 2016.05040 58TH PRESIDENTIAL INAUGURAL 10402_01 58TH PRESIDENTIAL INAUGURAL COMMITTEE Form 990 (2016) I Part IX I Statement of Functional Expenses 81-4463688 Page 10 Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A). Check if Schedule 0 contains a response or note to any line in this Part IX (A) (B) Do not include amounts reported on lines 613, Total expenses Program service 7b, 8b, 9b, and 10b of Part VIII. expenses 1 I Grants and other assistance to domestic organizations 5,000,000. and domestic governments. See Part IV, line 21 2 I (D) Fundraising expenses (C) Management and general expenses 5,000,000. Grants and other assistance to domestic individuals. See Part IV, line 22 Grants and other assistance to foreign 3 organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16 4 Benefits paid to or for members 5 Compensation of current officers, directors, 6 trustees, and key employees Compensation not included above, to disqualified _., . 44,002. 44,002. 4,558,117. 4,372,896. 500,352. 36,718. 500,352. 36,718. persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(13) 7 8 9 Other salaries and wages Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) 185,221. Other employee benefits 10 Payroll taxes 11 Fees for services (non-employees): a Management b Legal c Accounting d Lobbying e Professional fundraising services. See Part IV, line 17 23,659. 23,659. f Investment management fees g Other. (If line 11g amount exceeds 10% of line 25, column (A) amount, list fine 11g expenses on Sch O ) 12 Advertising and promotion 13 Office expenses 14 Information technology 15 Royaffies 16 Occupancy 17 18 Travel 749,163. 148,965. 463,936. 104,018. 9,373,311. 721,295. 100,714. 27,868. 48,251. 463,936. 104,018. 9,373,311. Payments of travel or entertainment expenses for any federal, state, or local public officials 19 20 Conferences, conventions, and meetings Payments to affiliates 23 Insurance Other expenses. Itemize expenses not covered above. (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.) Depreciation, depletion, and amortization TICKETING PROMOTIONAL GIFTS c MISCELLANEOUS d PRINTING a b e All other expenses Total functional expenses. Add lines 1 through 24e 25 26 4,456,778. Interest 21 22 24 76,993,491. 72,536,713. 1,191,178. 1,191,178. 4,131,269. 4,131,269. 560,439. 560,439. 57,720. 57,720. 19,927. 19,927. 4,043. 4,043. 103,960,308. 91,142,007. 12,581,553. 236,748. Joint costs. Complete this line only if the organization reported in column (13) joint costs from a combined educational campaign and fundraising solicitation. Check here Opii. if following SOP 98-2 (ASC 958-720) 632010 11-11-16 15520129 796448 10402 Form 990 (2016) 10 2016.05040 58TH PRESIDENTIAL INAUGURAL 10402_01 Form 990 (2016) 58TH PRESIDENTIAL INAUGURAL COMMITTEE 81-4463688 Page 11 I Part X I Balance Sheet Check if Schedule 0 contains a response or note to any line in this Part X (A) (B) Beginning of year End of year 1 2 0 ... (i) coto oct Cash - non-interestbearing Savings and temporary cash investments 3 Pledges and grants receivable, net 4 Accounts receivable, net 5 Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete _ Part II of Schedule L 6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary _ employees' beneficiary organizations (see instr) Complete Part II of Sch L 7 Notes and loans receivable, net 8 Inventories for sale or use 9 Prepaid expenses and deferred charges 10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 10b b Less: accumulated depreciation 11 Investments - publicly traded securities 12 Investments - other securities. See Part IV, line 11 13 Investments - program-related. See Part IV, fine 11 14 15 16 17 18 19 20 21 vc w 22 F.' 16 co n 23 24 25 26 Intangible assets Other assets. See Part IV, line 11 Total assets. Add lines 1 through 15 (must equal line 34) Accounts payable and accrued expenses Grants payable Deferred revenue Tax-exempt bond liabilities Escrow or custodial account liability. Complete Part IV of Schedule D Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons. Complete Part II of Schedule L Secured mortgages and notes payable to unrelated third parties Unsecured notes and loans payable to unrelated third parties Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D Total liabilities. Add lines 17 through 25 Organizations that follow SFAS 117 (ASC 958), check here I. m -o c c u. 6 w 27 28 29 30 4cC r i, 32 in z 3 4 i 5 6 7 8 9 __________ __. 10c 11 12 , 13 14 15 0. 31 33 34 2,791,000. 16 17 18 19 20 21 _ _....._ . 22 23 24 0. 25 26 0. I and _ Unrestricted net assets Temporarily restricted net assets Permanently restricted net assets 27 28 29 Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 30 through 34. r,in 2,791,000. 1 2 complete lines 27 through 29, and lines 33 and 34. iwn 0 c iti To I 0. Capital stock or trust principal, or current funds Paid-in or capital surplus, or land, building, or equipment fund Retained earnings, endowment, accumulated income, or other funds Total net assets or fund balances Total fiabilities and net assets/fund balances 10.1 X .. . 30 0 . 31 0. 32 0. 33 0. 34 0. 0. 2,791,000. 2,791,000. 2,791,000. Form 990 (2016) 632011 11-11-16 15520129 796448 10402 11 2016.05040 58TH PRESIDENTIAL INAUGURAL 10402_01 Form 990 (2016) 58TH PRESIDENTIAL INAUGURAL COMMITTEE 81-4463688 Page 12 Part XI I Reconciliation of Net Assets Check if Schedule 0 contains a response or note to any line in this Part XI 1 Total revenue (must equal Part VIII, column (A), line 12) 1 2 Total expenses (must equal Part IX, column (A), Fine 25) 2 3 Revenue less expenses. Subtract line 2 from line 1 3 4 Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) 4 5 Net unrealized gains (losses) on investments 5 6 Donated services and use of facilities 6 7 Investment expenses 7 8 Prior period adjustments 8 9 Other changes in net assets or fund balances (explain in Schedule 0) 9 10 106,751,308. 103,960,308. 2,791,000. o. o. Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 33, 10 column (B)) 2,791,000. 1 Part XIII Financial Statements and Reporting Check if Schedule 0 contains a response or note to any line in this Part XII Yes 1 No Accounting method used to prepare the Form 990: n Cash n Accrual n Other If the organization changed its method of accounting from a prior year or checked "Other," explain in Schedule O. 2a Were the organization's financial statements compiled or reviewed by an independent accountant? I 2a I IX I 2b I I X If "Yes," check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both: n Separate basis n Consolidated basis n Both consolidated and separate basis b Were the organization's financial statements audited by an independent accountant? If "Yes," check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both: n Separate basis n Consolidated basis n Both consolidated and separate basis c If "Yes" to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant? 2c If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O. 3a As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133? 3a X b If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule 0 and describe any steps taken to undergo such audits 3b Form 990 (2016) 632012 11-11-16 15520129 796448 10402 12 2016.05040 58TH PRESIDENTIAL INAUGURAL 10402_01 SCHEDULEG (Form 990 or 990-EZ) OMB No. 1545-0047 Supplemental Information Regarding Fundraising or Gaming Activities 2016 Complete if the organization answered "Yes" on Form 990, Part IV, line 17, 18, or 19, or if the organization entered more than $15,000 on Form 990-EZ, line 6a. Department of the Treasury Open to Public 1 0- Attach to Form 990 or Form 990-EZ. Internal Revenue Service Inspection PP' Information about Schedule G (Form 990 or 990-EZ) and its instructions is at wWw.irS.gov/form990. Name of the organization Employer identification number 58TH PRESIDENTIAL INAUGURAL COMMITTEE 81-4463688 Fundraising Activities. Complete if the organization answered "Yes" on Form 990, Part IV, line 17. Form 990-EZ filers are not Pa rti required to complete this part. 1 Indicate whether the organization raised funds through any of the following activities. Check all that apply. e a =I Mail solicitations Solicitation of non-govemment grants f E] Solicitation of govemment grants b 1=I Internet and email solicitations gI c 1=I Phone solicitations Special fundraising events dIXI In-person solicitations 2 a Did the organization have a written or oral agreement with any individual (including officers, directors, trustees, or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services? 1=1 Yes b If "Yes," list the 10 highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is to be compensated at least $5,000 by the organization. 0) Name and address of individual or entity (fundraiser) (ii) Activity Yes FUNDRAISING CONSULTING (v) Amount paid vi) Amount paid Gross receipts to (or retained by) t(o (or retained by) fundraiser from activity organization listed in col. (i) ( i V) contributions? THE MCINTOSH COMPANY - 5310 HARVEST HILL, DALLAS, TX fli nTrarer havecustody wcontroor 1=I No No X O. 23,659. -23 659. . 23,659. -23 659. Total 0' 3 List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registration or licensing. MT,NE,NV,NH,NJ,NM,NY,NC,ND,OH,OK,OR,PA,RI,SC,SD,TN,TX,UT,VT,VA,WA,WV,WI,WY LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule G (Form 990 or 990-EZ) 2016 SEE PART IV FOR CONTINUATIONS 632081 09-12-16 15520129 796448 10402 107 2016.05040 58TH PRESIDENTIAL INAUGURAL 10402_01 Schedule G (Form 990 or 990-EZ) 2016 58TH PRESIDENTIAL INAUGURAL COMMITTEE 81-4463688 Page 2 undraising Events. Complete if the organization answered "Yes" on Form 990, Part IV, line 18, or reported more than $15,000 Part II of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000. (a) Event #1 (b) Event #2 (c) Other events (d) Total events (add col. (a) through (event type) > cc (event type) col. (c)) (total number) 1 Gross receipts 2 Less: Contributions 3 Gross income (line 1 minus line 2) 4 Cash Prizes Direct Expenses 5 Noncash prizes 6 Rent/facility costs 7 Food and beverages 8 Entertainment 9 Other direct expenses 10 Direct expense summary. Add lines 4 through 9 in column (d) 10: 11 Net income summary. Subtract line 10 from lir e 3, column (d) aming. Complete if the organization answered "Yes" on Form 990, Part IV, line 19, or reported more than priwrm $15,000 on Form 990-EZ, line 6a. (a) Bingo z cr (b) Pull tabs/instant bingo/progressive bingo (c) Other gaming (d) Total gaming (add col. (a) through col. (c)) Direct Expenses 1 Gross revenue 2 Cash prizes 3 Noncash prizes 4 Rent/facility costs 5 Other direct expenses 6 Volunteer labor I I Yes I= No 7 Direct expense summary. Add lines 2 through 5 in column (d) 8 Net gaming income summary. Subtract line 7 from line 1, column (d) I I Yes =I No 1 I Yes = No 9 Enter the state(s) in which the organization conducts gaming activities: a Is the organization licensed to conduct gaming activities in each of these states? 1 0. _ LI Yes LJ No b If "No," explain: 10a Were any of the organization's gaming licenses revoked, suspended, or terminated during the tax year? Li Yes LJ No b If "Yes," explain: 632082 09-12-16 15520129 796448 10402 Schedule G (Form 990 or 990-EZ) 2016 108 2016.05040 58TH PRESIDENTIAL INAUGURAL 10402_01 Schedule G (Form 990 or 990-EZ) 2016 ii 58TH PRESIDENTIAL INAUGURAL COM:MITTEE 81-4463688 . Pap3 LI Yes I I No Does the organization conduct gaming activities with nonmembers? 12 Is the organization a grantor, beneficiary or trustee of a trust, or a member of a partnership or other entity formed to administer charitable gaming? =I Yes I= No 13 Indicate the percentage of gaming activity conducted in: a The organization's facility b An outside facility 14 Enter the name and address of the person who prepares the organization's gaming/special events books and records: 13a I % 13b % Name Address 0115a Does the organization have a contract with a third party from whom the organization receives gaming revenue? b If "Yes," enter the amount of gaming revenue received by the organization $ =I Yes I= No and the amount of gaming revenue retained by the third party IPP. $ c If "Yes," enter name and address of the third party: Name 110. Address 00. 16 Gaming manager information: Name IP•• Gaming manager compensation $ Description of services provided _ Director/officer Employee = Independent contractor 17 Mandatory distributions: a Is the organization required under state law to make charitable distributions from the gaming proceeds to Yes retain the state gaming license? No b Enter the amount of distributions required under state law to be distributed to other exempt organizations or spent in the $ organization's own exempt activities during the tax year Part IV Supplemental Information. Provide the explanations required by Part I, line 2b, columns (iii) and (v); and Part III, fines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also provide any additional information. See instructions SCHEDULE G, PART I, LINE 2B, LIST OF TEN HIGHEST PAID FUNDRAISERS: (I) NAME OF FUNDRAISER: THE MCINTOSH COMPANY (I) ADDRESS OF FUNDRAISER: 5310 HARVEST HILL, DALLAS, TX 75230 632083 09-12-16 15520129 796448 10402 Schedule G (Form 990 or 990-EZ) 2016 109 2016.05040 58TH PRESIDENTIAL INAUGURAL 10402_01 Schedule G (Form 990 or 990-EZ) Part IV 58TH PRESIDENTIAL INAUGURAL COMMITTEE 81-4463688 Page 4 Supplemental Information (continued) 632084 04-01-16 15520129 796448 10402 Schedule G (Form 990 or 990-EZ) 110 2016.05040 58TH PRESIDENTIAL INAUGURAL 10402_01 OMB No. 1545-0047 Grants and Other Assistance to Organizations, Governments, and Individuals in the United States SCHEDULE I (Form 990) 2016 Complete if the organization answered "Yes" on Form 990, Part IV, line 21 or 22. Open to Public Inspection OP. Attach to Form 990. Information about Schedule I (Form 990) and its instructions is at www.irs.gov/form990. Department of the Treasury Internal Revenue Service Employer identification number Name of the organization 81-4463688 58TH PRESIDENTIAL INAUGURAL COMMITTEE Part I 1 General Information on Grants and Assistance Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and the selection EM Yes criteria used to award the grants or assistance? 1-1 No 2 Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States. Part II Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient that received more than $5,000. Part II can be duplicated if additional space is needed. 1 (a) Name and address of organization or government (b) EIN (c) IRC section (if applicable) (d) Amount of cash grant (e) Amount of non-cash assistance (f) Method of valuation (book, FMV, appraisal, other) (g) Description of noncash assistance (h) Purpose of grant or assistance THE AMERICAN RED CROSS 431 18TH STREET NW WASHINGTON, DC 20006 53-0196605 501(C)(3) 1,000,000. 0.CASH DONATION SAMARITANS PURSE 971 BLOWING ROCK RD BOONE, NC 28607 58-1437002 501(C)(3) 1,000,000. 0.CASH DONATION THE SALVATION ARMY 615 SLATERS LANE ALEXANDRIA, VA 22314 22-2406433 501(C)(3) 1,000,000. 0.CASH DONATION SMITHSONIAN INSTITUTION 1000 JEFFERSON DRIVE SW WASHINGTON, DC 20560 53-0206027 501(C)(3) 250,000. 0.CASH DONATION THE WHITE HOUSE HISTORICAL ASSOCIATION - 740 JACKSON PLACE NW - WASHINGTON, DC 20006 52-0749685 501(C)(3) 1,000,000. 0.CASH DONATION VICE PRESIDENTS RESIDENCE FOUNDATION - 51 LOUISIANA AVE NW WASHINGTON, DC 20001 52-1725927 501(C)(3) 750,000. 0.CASH DONATION 2 Enter total number of section 501(c)(3) and govemment organizations listed in the line 1 table 3 Enter total number of other organizations listed in the line 1 table LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990. 632101 11-01-16 111 6. Schedule I (Form 990) (2016) 58TH PRESIDENTIAL INAUGURAL COMMITTEE Schedule I (Form 990) (2016) Part III Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22. Part III can be duplicated if additional space is needed. (a) Type of grant or assistance • (b) Number of recipients . (c) Amount of cash grant (d) Amount of noncash assistance (e) Method of valuation (book, FMV, appraisal, other) 81-4463688 Page 2 (f) Description of noncash assistance ._ Part IV I Supplemental Information. Provide the information required in Part I, fine 2; Part III, column (b); and any other additional information. 632102 11-01-16 112 Schedule I (Form 990) (2016) Noncash Contributions SCHEDULE M (Form 990) OMB No. 1545-0047 2016 ▪ Complete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30. DepartrmMoftheTreasury InternaMevenueService Name of the organization Open To Public Inspection Po' Attach to Form 990. O' Information about Schedule M (Form 990) and its instructions is at www.irs.gov/form990. Employer identification number 58TH PRESIDENTIAL INAUGURAL COMMITTEE 81-4463688 Part I I Types of Property (a) (b) (c) Number of Noncash contribution Check if amounts reported on applicable contributions or items contributed Form 990, Part VIII, line lq 1 Art - Works of art 2 Art - Historical treasures 3 Art - Fractional interests 4 Books and publications 5 Clothing and household goods 6 7 Cars and other vehicles Boats and planes 8 Intellectual property 9 Securities - Publicly traded 10 Securities - Closely held stock 11 Securities - Partnership, LLC, or 12 13 Securities - Miscellaneous Qualified conservation contribution - (d) Method of determining noncash contribution amounts trust interests Historic structures 14 Qualified conservation contribution - Other 15 Real estate - Residential 16 Real estate - Commercial 17 Real estate - Other 18 Collectibles 19 Food inventory 20 Drugs and medical supplies 21 Taxidermy 22 Historical artifacts 23 Scientific specimens 24 Archeological artifacts 25 Other 26 Other 27 Other lo. O• O• (MUSIC PERFORM) (EQUIPMENT EXP) ( VEHICLE EXPEN ) X X X 1 2 1 ( DELIVERY EXPE ) X 1 729,217.FMV 332,483 .FMV 298,650.FMV 202,320.FMV 28 Other 29 Number of Forms 8283 received by the organization during the tax year for contributions for which the organization completed Form 8283, Part IV, Donee Acknowledgement 29 Yes No I , 30a During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 28, that it must hold for at least three years from the date of the initial contribution, and which isn't required to be used for exempt purposes for the entire holding period? 30a b If "Yes," describe the arrangement in Part II. 31 Does the organization have a gift acceptance pohcy that requires the review of any nonstandard contributions? 31 X _32a X 32a Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash contributions? b If "Yes," describe in Part II. 33 If the organization didn't report an amount in column (c) for a type of property for which column (a) is checked, describe in Part II. LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990. 1 Schedule M (Form 990) (2016) 632141 08-23-16 15520129 796448 10402 113 2016.05040 58TH PRESIDENTIAL INAUGURAL 10402_01 58TH PRESIDENTIAL INAUGURAL COMMITTEE 81-4463688 ScheduleM(Form990)(2016) Page 2 Part II SUppleMental Information. Provide the information required by Part I, lines 30b, 32b, and 33, and whether the organization is reporting in Part I, column (b), the number of contributions, the number of items received, or a combination of both. Also complete this part for any additional information. PART I, OTHER TYPES OF PROPERTY: FOOD/BEVERAGES (A) CHECK IF APPLICABLE = X (B) NUMBER OF CONTRIBUTIONS = 3 (C) REVENUE REPORTED ON FORM 990, PART VIII $ 9762. (D) METHOD OF DETERMINING REVENUE: FMV WEBSITE HOSTING (A) CHECK IF APPLICABLE = X (B) NUMBER OF CONTRIBUTIONS = 1 (C) REVENUE REPORTED ON FORM 990, PART VIII $ 7746. (D) METHOD OF DETERMINING REVENUE: FMV SOFTWARE EXPENSES (A) CHECK IF APPLICABLE = X (B) NUMBER OF CONTRIBUTIONS = 1 (C) REVENUE REPORTED ON FORM 990, PART VIII $ 2500. (D) METHOD OF DETERMINING REVENUE: FMV 632142 08-23-16 15520129 796448 10402 Schedule M (Form 990) (2016) 114 2016.05040 58TH PRESIDENTIAL INAUGURAL 10402_01 SCHEDULE 0 Supplemental Information to Form 990 or 990-EZ (Form 990 or 990-EZ) Complete to provide information for responses to specific questions on Form 990 or 990-EZ or to provide any additional information. ali• Attach to Form 990 or 990-EZ. Information about Schedule 0 (Form 990 or 990-EZ) and its instructions is et www.irs.gov/form990. Department of the Treasury Intemal Revenue Service OMB No. 1545-0047 2016 Open to Public Inspection Employer identification number Name of the organization 58TH PRESIDENTIAL INAUGURAL COMMITTEE 81-4463688 FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: PRESIDENT—ELECT OF THE UNITED STATES IN CONNECTION WITH THE 58TH PRESIDENTIAL INAUGURAL. PART V, LINE 2A-2B THE ORGANIZATION LEASES ITS STAFF FROM INPERSITY PEO SERVICES (A PROFESSIONAL EMPLOYER ORGANIZATION). ALL PAYROLL TAX RETURNS AND FORM W-2'S ARE FILED UNDER THE EMPLOYER IDENTIFICATION NUMBER OF INSPERITY PEO SERVICES. • FORM 990, PART VI, SECTION B, LINE 11B: A COPY OF THE 990 IS REVIEWED BY THE CFO/TREASURER, COUNSEL, AND THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C: IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15: THE BOARD OF DIRECTORS DETERMINED THE COMPENSATION OF THE CEO. THE BOARD OF DIRECTORS AND THE CEO DETERMINED THE COMPENSATION LEVELS OF OTHER um For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule 0 (Form 990 or 990-EZ) (2016) 632211 08-25-16 15520129 796448 10402 115 2016.05040 58TH PRESIDENTIAL INAUGURAL 10402_01 Schedule 0 (Form 990 or 990-EZ) (201p) Page 2 Name of the organization Employer identification number 58TH PRESIDENTIAL INAUGURAL COMMITTEE 81-4463688 OFFICERS AND OTHER KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19: THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE NOT AVAILABLE. PART VII, SECTION A, LINE 1A COLUMN B: DURING THE MONTH LEADING UP TO THE INAUGURATION, THE FOLLOWING HOURS WERE INCURRED PER WEEK: THOMAS BARRACK 80, DOUGLAS AMMERMAN 40, RONALD SANDERS 20 AND SARA ARMSTRONG 80. PLEASE NOTE, FOLLOWING THE INAUGURATION EACH INDIVIDUAL HAS WORKED AN AVERAGE OF 2 HOURS PER WEEK. 632212 08-25-16 15520129 796448 10402 Schedule 0 (Form 990 or 990-EZ) (2016) 116 2016.05040 58TH PRESIDENTIAL INAUGURAL 10402_01 58th Presidential Inaugural Committee Statement of Cash Receipts and Disbursements For the Period from November 22, 2016, through March 31, 2017 58th l'residential Inaugural Committee Contents Independent Auditors' Report Page 11 Statement of Cash Receipts and Disbursements 3 :Notes to the Statemen.t of Cash Receipts and Disbursetnents 4 ATCHLEY & ASSOCIATESum C I rl ED ruBLicAcccouswis & BU SIN ESS $()FLI Independent Auditors' Report 'fo th.e 58th Presidential Inaugural C,ommittee: R.eport on the Financial Statement We have audited the acco.mpanying financial statement of the 58th Presidential Inaugural Committee which comprises the statement' of cash receipts and disbursements for the period from November 22, 201.6, through March 31., 2017, arid the related notes to the statement of cash receipts and disbursements. Management's Responsibility for the Financial Statement Man.agement is responsible for the preparatio.n and fair presentation of the :financial statement in accordance with the cash basis method of accounting; this includes the design, implementation, and. maintenance of internal control relevant to the preparation and. fair presentation of the financial statement that is free froin material misstatement, whether due to frau.d or error. Auditors' Responsibility Our responsibility is to express an opinion on the. financial statement based on ou.r audit. We conducted our audit in accordance with auditing standards generally accepted. in the United States of America.. Those standard.s require that we plan and. perform the audit to obtain reasona.ble assurance about whether the financial statement is free from material misstatement. A.n audit involves performing procedures to obtain. audit evidence about the amounts and disclosures i.n the. finan.cial statement. The. procedures selected depend on the auditors' judgment, including the assessment of the risks of material misstatement of the financial statement, whether due to fraud or error, In making those risk assessments, the auditors consider internal control relevant to the entity's preparation and fair presentation of the financial statement in order to design audit procedu.res that are appropriate in the circu.mstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's 'internal control. Accordingly, we express no su.ch opinion. An audit also includes evaluating the appropriateness of a.ccounting policies used and the rea.sonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statem.en.t. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. 1905 1.4-.Pbo.04 Prij: TO.‘05.7$7,5,7,7: 1 T. ($1:2). 346,2086 ...(.8..7tr.) .9774350 f:151-1) '358;9.883 •- www;atchleycpas.çom Opinion In our opinion, the financial statement referred to above presents fairly, in all material respects, the receipts collected and disbursements paid of the 58th Presidential Inaugural Committee during the period from November 22, 2016, through March 31, 2017, in accordance with the cash basis of accounting described in Note B. Basis of Accounting We draw attention to Note B of the financial statement, which describes the basis of accounting. The financial statement is prepared on the cash basis of accounting, which is a basis of accounting other than accounting principles generally accepted in the United States of America. Our opinion is not modified with respect to this matter. Cetf-AAl etA.)-06-003 Austin, Texas June 1, 2017 -2- 58th Presidential :Inaugural Committee Statement of Cash Receipts and Disbursetnents For the Period from :November 22, 201.6 through March 31, 2017 R.eceipts Contributions $ 1.04,938,565 Disbursetnents Operational Disbursements 'Executive Prod.uction Travel, Meals, & Lodging General Stair Consulting .Fees Ticketing & Printing In.surance & Bon.ds Promotional Gifts Tech.nology flardware & Software Venue Rental Legal & Accounting Fees GSA Building Expenses Office- Management Refunds of Contributions Received - 26,68:1,331. 9,280,231. 4,398,937 4,15.1,196 1,180,-794 560,439 475,000 269,944 192,874 104,018 198,004 35,000 Total Operational Disbursements 47,527,768 Payroll Disbursements Payroll Salary Payroll Expenses - Other Payroll Service Fees 3,474,896 1,014,842 512,055 Total Payroll Disbursements 5,001,793 Event 'Execution 'Disbursements 43,979,797 Total. Disbursements Excess of Receipts Over Disbursements and Cash Balance at March 31, 2017 96,509,358 $ 8,429,207 The accompanying notes are an inte2ral part of this financial statement. -3- 58th :Presidential :Inaugural Committee Notes to Statement of Cash Receipts and Disbursements For the Period from November 22, 2016 through March 31, 2017 NOTE A - PURPOSE OF THE COMMITTEE The 58th Presidential Inaugural Committee (the Committee) was created in accordance with the Virginia State Code. The purpose of the Committee is to ma.ke arrangements necessary for conducting ceremonies and events to observe the inauguration of the President of the United States of America. Upon filing its final report, the Committee will begin donatin2 all non.-appropriated, unex.pended fund.s in its 'possession to designated charities at the Presid.ent's discretion. NOTE B - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The summary of significant accounting policies followed by the Committee are described below to enhance the usefulness of the finan.cial state.ment to the reader. Basis of Accounting and Presentation The statement of cash receipts and disbursements was prepared and is presented on the basis of cash received and disbursements made and is not intended to be a presentation i.n conformity with generally. accepted accounting principles. Under this basis of accounting, receipts and disbursements are recorded when received or paid. Accounts receivable, accounts payable and accrued ex.penses are .not included. Contributions Th.e Committee receives fun.ds to conduct its activities from various sources which included contributions and sales of tickets to various inaugural events. The Committee is required to disclose to the Federal Election Commission a list of all donors with amounts and dates contributed no later than ninety days following the date of the presidential inauguration ceremony. Income Taxes Th.e Committee is a .nonprofit organization and is exempt from Federal income taxes under Section 501(c)(4) of the Internal Revenue Code. A.s such, no provision for Federal income taxes is presented in the financial statement. At the date of the Independent Auditors' Report, the Committee has not filed its init.ial tax. return. 4 58th Presidential Inaugural Committee Notes to Statement of Cash R.eceipts and Disbursements For the Period from November 22, 201.6 through March 31, 2017 NOTE B - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) Income Taxes (continued) The Committee tbllows Financial Accounting Standard.s Board Accounting Standard.s Codification 740-10, Accounting for Uncertainty in Income Ta.v. That standard prescribes a minimum recognition threshold and measurement methodology' that a. tax position taken or expected to be taken in a tax return is required to meet before being recognized in the financial statement. It- also provides guidan.ce for de-recognition, classification, interest an.d penalties, accou.nting in interim. periods, disclosure, and transition. Subsequent Events The Committee has evaluated subsequent events for disclosure andlor recognition through the date of the Independ.ent Auditors' Report, which is the date the financial statement was available to be issued. NOTE C - CONCENTRATION OF CREDIT RISK Finan.cial instruments that potential..ly expose the Committee to concentrations of credit and market ri.sk. con.sist primarily of cash. Th.e Com.mittee places its cash with :federally i.nsured institutions. At times, cash deposits may be in excess of FDIC insurance limits. The Committee has not experienced an.y losses in such accounts. The Committee currently has cash in excess of FDIC insurance 'limits of S8,543,948. D - COMMITMENTS AN.D CONTINGENCIES In the normal course of business, claims have been brought against the Committee by a contracted event organizer seeking compensatory damages. The Committee and its counsel believe the lawsuit is not viable on its merits and expect the case to be d.ismissed. Management, upon the a.dvice of counsel, is of the opinion that there are no other claitns that cou.ld have a. material effect on the financial statement. 5