2024-06-28T15:03:52-05:00 2023-12-31 480573184 REGIER CARR & MONROE LLP 300 W DOUGLAS AVE STE 900 WICHITA KS 672022914 990 2023-01-01 480616251 MARK ARTS INC MARK 3166342787 1307 N ROCK RD WICHITA KS 672061203 KATY DORRAH CEO 3166342787 2024-06-24 1 KATY DORRAH 999009999 0 MARSHAL HULL P00715586 3162642335 2024-06-24 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z KATY DORRAH 1307 N ROCK RD WICHITA KS 672061203 3001194 0 X WWW.MARKARTSKS.COM X 1920 KS ACQUIRE EXHIBIT AND DISPLAY WORKS OF ART AND CONDUCT SCHOOLS OF ART TO BENEFIT THE COMMUNITY. 22 22 75 258 16604 15604 1971667 606646 900934 1122910 143865 211211 -133322 62606 2883144 2003373 0 0 0 0 864581 1086938 0 0 206556 1335821 1420656 2200402 2507594 682742 -504221 23599298 23443490 646106 260530 22953192 23182960 TO BE A VIBRANT ARTS HUB IN WICHITA AND THE REGION BY PROVIDING OPPORTUNITIES TO APPRECIATE AND CREATE ART IN AN ATMOSPHERE OF LIFELONG LEARNING. 0 0 778657 372966 EDUCATION - YEAR ROUND ART CLASSES, WORKSHOPS & CAMPS ARE PROVIDED FOR ADULTS AND CHILDREN. SEVERAL WORKSHOPS ARE TAUGHT BY VISITING ARTISTS. APPROX. 2,700 STUDENTS PARTICIPATE IN CLASSES EACH YEAR IN EIGHT STUDIOS: 2 FOR DRAWING/PAINTING, CERAMICS, SCULPTURE, METALS, PRINTMAKING, YOUTH & CULINARY ARTS. 630629 474077 GALLERY - THE ART GALLERIES ARE FREE AND OPEN TO THE PUBLIC WITH APPROXIMATELY 21 DIFFERENT EXHIBITS SHOWN ANNUALLY AND APPROXIMATELY 50,000 VISITORS EACH YEAR. GALLERY SPACES INCLUDE THE WIEDEMANN GALLERY, SCHOOL OF CREATIVITY COMMONS, YOUTH GALLERY, AND PRINT GALLERY IN THE GREAT HALL. 235959 275867 EVENT CENTER: HOME TO THE PRINT GALLERY, THE EVENT CENTER PROVIDES OPPORTUNITY FOR GROUPS TO GATHER IN AN ART-FILLED ENVIRONMENT, ENCOURAGING LIFELONG LEARNING AND APPRECIATION FOR THE VISUAL ARTS. 1645245 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 94 0 1 75 1 1 1 0 0 0 0 1 1 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 1 1 0 X X THE ORGANIZATION 3166342787 1307 N ROCK RD WICHITA KS 672061203 TONY SMYTHE PRESIDENT 1.00 X X 0 0 0 PATRICK TUTTLE VICE PRESIDENT 1.00 X X 0 0 0 DARA GEOFFROY SECRETARY 1.00 X X 0 0 0 DOUG BRANTNER TREASURER 1.00 X X 0 0 0 BETH CAROLSON TRUSTEE 1.00 X 0 0 0 PAT OBRIEN TRUSTEE 1.00 X 0 0 0 CHUCK CADENA PAST PRESIDENT 1.00 X X 0 0 0 MOLLY BREITENBACH TRUSTEE 1.00 X 0 0 0 CHRIS BRUNNER TRUSTEE 1.00 X 0 0 0 ANNE BUFORD TRUSTEE 1.00 X 0 0 0 MARGARET DECHANT TRUSTEE 1.00 X 0 0 0 TOM DONDLINGER TRUSTEE 1.00 X 0 0 0 NICOLE EASTON TRUSTEE 1.00 X 0 0 0 KATHERINE ELDER TRUSTEE 1.00 X 0 0 0 SHEA GRIFFIN TRUSTEE 1.00 X 0 0 0 ERIC IRELAND TRUSTEE 1.00 X 0 0 0 DR SYLVIA OROZCO-DO TRUSTEE 1.00 X 0 0 0 MORGAN OVERMAN TRUSTEE 1.00 X 0 0 0 STEPHANIE SCHECK TRUSTEE 1.00 X 0 0 0 LEWJENE SCHNEIDER TRUSTEE 1.00 X 0 0 0 JOHNATHAN WEIGAND TRUSTEE 1.00 X 0 0 0 ANGIE WILHELM TRUSTEE 1.00 X 0 0 0 KATY DORRAH CEO 40.00 X 170993 0 10346 170993 0 10346 1 0 1 0 0 99208 267656 239782 24906 606646 GALLERY SALES 900099 474077 474077 ART SCHOOL TUITION 611600 372966 372966 FACILITY RENTALS 532000 275867 275867 1122910 215087 215087 875984 879860 -3876 -3876 -3876 150828 267656 117961 32867 32867 PREFERRED VENDOR INCOM 900099 16604 16604 MISCELLANEOUS REVENUE 900099 13135 13135 29739 2003373 1122910 16604 257213 170993 136795 17099 17099 830386 671930 43059 115397 85559 71287 3762 10510 118490 60516 54560 3414 195189 165511 12340 17338 14502 9718 3805 979 79785 61492 10542 7751 123557 90179 28291 5087 6608 5700 123 785 5141 342 1296 3503 412141 412141 61863 50098 9925 1840 TAXES 2633 516 2117 COMMISSIONS 159921 159921 MAINTENANCE 119992 78156 31911 9925 MISCELLANEOUS 70958 45091 18699 7168 49876 37993 6123 5760 2507594 1645245 655793 206556 1156751 270462 9566 2000 313914 27500 1000 948 160674 43254 16764885 2504888 14655581 14259997 6628398 8218152 673414 621177 23599298 23443490 286140 107578 359966 152952 646106 260530 X 20585357 20682579 2367835 2500381 22953192 23182960 23599298 23443490 -504221 733989 0 X X 0 1 X 1 0 X 1334556 650835 1163577 1485277 606646 5240891 1334556 650835 1163577 1485277 606646 5240891 1103297 4137594 110681 78928 161451 196740 215087 762887 20252 780 4077 12690 16604 54403 6058181 4161632 0.68300 0.65430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 1 5196489 35900 729296 288084 30449 5643152 4657632 1514685 -666078 282433 27317 5196489 4381308 17006 492997 206187 27492 4657632 4260831 38400 308877 202173 24627 4381308 3944452 1000 528529 200836 12314 4260831 0.63950 0.18870 0.17180 0 0 2290000 2290000 14040057 2173315 11866742 424716 331573 93143 10112 10112 14259997 X 2903880 733989 48557 117961 900507 2003373 0 2003373 2674112 48557 117961 166518 2507594 0 2507594 PART III, LINE 1A: MARK ARTS OWNS THROUGH ACQUISITION OR DONATION A NUMBER OF ART OBJECTS. THESE ITEMS COLLECTIVELY ARE REFERRED TO AS THE STUDY COLLECTION. THE PURPOSE OF THE STUDY COLLECTION IS TO SUPPORT THE EDUCATIONAL ASPECTS OF THE ORGANIZATION'S MISSION. WHILE MANY OF THE WORKS HAVE BEEN HELD SINCE THE INCEPTION OF MARK ARTS IT IS IMPORTANT TO RECOGNIZE THAT THE ORGANIZATION IS NOT A MUSEUM AND DOES NOT MAINTAIN THIS COLLECTION ON A PERMANENT BASIS. THE ORGANIZATION HAS A SIGNIFICANT COLLECTION OF SPANNING MEDIA. INCLUDING AMERICAN ARTISTS WITH PIECES OF DECORATIVE ART PURCHASED AT THE WICHITA NATIONAL SHOW. MARK ARTS EMPLOYS A GALLERY AND A PROGRAM DIRECTOR TO ENSURE THAT THE STUDY COLLECTION IS PROTECTED AND PRESERVED. NEW ITEMS ARE ACQUIRED, AND EXISTING ITEMS MAY BE DEACCESSED BASED ON THE CHANGING EDUCATIONAL NEEDS OF MARK ARTS. ALL SUCH ACTIVITIES ARE UNDERTAKEN ONLY AFTER A THOROUGH REVIEW COMPLETED BY THE STUDY COLLECTION COMMITTEE AND REQUIRE THE APPROVAL OF THE BOARD OF TRUSTEES. IN CONFORMITY WITH THE PRACTICE FOLLOWED BY MANY ART GALLERIES, ART OBJECTS PURCHASED AND DONATED ARE NOT CAPITALIZED IN THE ACCOUNTING RECORDS OR INCLUDED IN THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS REDUCE NET ASSETS IN THE PERIOD WHEN PURCHASED. PROCEEDS FROM DEACCESSIONED ART OBJECTS OR INSURANCE RECOVERIES ARE RECORDED AS INCREASES IN NET ASSETS WHEN RECEIVED IN THE STATEMENT OF ACTIVITIES. FUNDS RECEIVED FROM DEACCESSION OF AN ART OBJECT OR THE PROCEEDS OF AN INSURANCE SETTLEMENT FOR AN ART OBJECT ARE REQUIRED BY POLICY TO BE USED FOR THE FURTHERANCE OF THE ORGANIZATION'S MISSION WITH THE DIRECTION OF THE BOARD OF TRUSTEES. PART III, LINE 4: THE COLLECTION CONSISTS OF AMERICAN AND EUROPEAN PAINTINGS AND DECORATIVE ARTS. THIS FURTHERS MARK ARTS'S MISSION TO BE A VIBRANT ART HUB IN WICHITA AND THE REGION BY PROVIDING OPPORTUNITIES TO APPRECIATE AND CREATE ART IN AN ATMOSPHERE OF LIFELONG LEARNING. PART X, LINE 2: THE ORGANIZATION IS ORGANIZED AS A KANSAS NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3). THE ORGANIZATION IS QUALIFIED TO RECEIVE DEDUCTIBLE CHARITABLE CONTRIBUTIONS UNDER SECTION 170(B)(1)(A)(VI) AND (VIII), AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER SECTIONS 509(A)(1) AND (3). THE ORGANIZATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE ORGANIZATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSES. THE ORGANIZATION HAS FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING COSTS PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING COSTS VS LIVE ART BATTLE 144043 99318 44725 36263 HOLIDAY TABLES 215785 118278 97507 51675 4 58656 50060 8596 30023 418484 267656 150828 117961 117961 32867 0 0 0 0 0 0 0 0 0 KATY DORRAH CEO 170993 0 0 0 0 0 10346 0 0 0 181339 0 0 0 X SUPPLIES 0 5853 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B DECISIONS MADE BY COMMITTEES AND A TASK FORCES ARE SUBJECT TO BOARD APPROVAL. CONSEQUENTLY, THESE DECISIONS WILL BE DOCUMENTED IN THE MINUTES OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED FOR REVIEW TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES AND TRUSTEES ARE REQUIRED TO SIGN A FORM INDICATING THEIR CONFLICT OF INTEREST OR LACK THEREOF. FORM 990, PART VI, SECTION B, LINE 15 CEO SALARY IS DETERMINED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON VERBAL OR WRITTEN REQUEST. FORM 990, PART XII, LINE 2C: THE FINANCE COMMITTEE SELECTS THE INDEPENDENT ACCOUNTANT TO PERFORM THE AUDIT AND THEY REVIEW THE AUDITED FINANCIALS BEFORE ISSUANCE.