2024-11-22T19:37:17-07:00 2023-12-31 990 2023-01-01 237267983 ANDERSON RANCH ARTS FOUNDATION ANDE 9709233181 PO BOX 5598 SNOWMASS VILLAGE CO 81615 Ashley Todey COO 9709245051 2024-11-18 1 2023 2024-10-15 13:58:12Z ANDERSON RANCH ARTS CENTER PETER WAANDERS PO BOX 5598 SNOWMASS VILLAGE CO 81615 15371140 0 X WWW.ANDERSONRANCH.ORG X 1973 CO PROVIDE INSTRUCTION IN THE FINE ARTS FOR 1,200 CHILDREN AND ADULTS ANNUALLY. 23 23 65 35 0 0 4821400 5458995 1189388 1666788 778981 648843 53526 67547 6843295 7842173 349583 354882 0 0 3605133 3598333 0 0 487204 2728067 2768919 6682783 6722134 160512 1120039 17817569 19639383 920576 1059994 16896993 18579389 X Anderson Ranch Arts Center (the Ranch) is a vibrant learning community devoted to fostering creativity and growth through the exploration and understanding of the visual arts. Anderson Ranch's mission is to enrich lives with art, inspiration and community. 0 0 3042792 354882 1645071 Workshops are at the heart of Anderson Ranch's mission, providing a dynamic and immersive experience in creativity for participants of all ages and skill levels. These workshops bring together a vibrant mix of students and distinguished faculty, resulting in transformative experiences that foster artistic growth and community. In 2023, Anderson Ranch offered 162 workshops, welcoming 1,291 students from across the nation, including adults, teens, and children. Our dedicated staff, state-of-the-art facilities, and scenic campus create an inspiring environment that attracts a diverse array of participants. We are committed to making our programs accessible to promising artists from all backgrounds. Anderson Ranch provides scholarships funded by individual donors and foundations, through both endowed funds and special gifts. Scholarships are available to all eligible applicants, and we partner with 80 colleges and universities to award scholarships to advanced emerging artists. In 2023, over 20% of our workshop students received scholarship support. Our innovative artistic internship and award program supports emerging artists, offering hands-on studio experience and fostering inclusivity. Anderson Ranch also maintains a strong dedication to diversity, equity, inclusion, and belonging (DEIB) with nearly half of our faculty identifying as BIPOC, demonstrating our commitment to a welcoming and inclusive community. 1154083 0 398869 Anderson Ranch offers essential on-campus amenities to enhance the experience of our program participants. These services include a dormitory, cafe, library, art supplies store, and exhibition space. By providing food, housing, supplies, and exhibition opportunities, the Ranch fosters an immersive and supportive environment for artistic growth. 216103 0 102046 The Anderson Ranch Artists-in-Residence Program supports the creative, intellectual, and professional growth of both emerging and established visual artists. Residents benefit from dedicated studio time and access to world-class facilities in an environment free from daily distractions, allowing them to focus deeply on their work. The program encourages interdisciplinary exploration and fosters a collaborative community of working artists who engage in meaningful exchanges of ideas. Residents also receive valuable feedback from esteemed visiting critics, further enriching their artistic journey. In 2023, Anderson Ranch welcomed 29 talented artists across two residency sessions. 0 0 0 4412978 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 191 0 1 65 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 23 23 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CO X X PETER WAANDERS 9709233181 5263 OWL CREEK RD SNOWMASS VILLAGE CO 81615 X PETER WAANDERS President & CEO 40 0 X 238152 0 18260 ANDREA WALLACE Vice President, Artistic Affairs 40 0 X 148693 0 60679 ASHLEY TODEY Vice President & Chief Operating Officer 40 0 X 192919 0 15040 LINDSY FORTIER Director of Marketing & Communications 40 0 X 101571 0 4245 REGGIE SMITH Chair 1 0 X X 0 0 0 LUCY WOOD BAIRD Vice Chair 0.5 0 X X 0 0 0 TERRY SIEGEL Treasurer 0.5 0 X X 0 0 0 BECKY MURRAY Secretary 0.5 0 X X 0 0 0 IAN ALTEVEER Trustee 0.5 0 X 0 0 0 CHARLES BURSON Trustee 0.5 0 X 0 0 0 RONA CITRIN Trustee 0.5 0 X 0 0 0 MOTI FERDER Trustee 0.5 0 X 0 0 0 JAMI GERTZ Trustee - Until 12/2023 0.5 0 X 0 0 0 MICHELLE GRIFFITH Trustee 0.5 0 X 0 0 0 PHILAE KNIGHT Trustee 0.5 0 X 0 0 0 JONATHAN LEE Trustee 0.5 0 X 0 0 0 MIKE LYON Trustee 0.5 0 X 0 0 0 LIZA MAUCK Trustee - Until 12/2023 0.5 0 X 0 0 0 ANTHONY MAVUNGA Trustee 0.5 0 X 0 0 0 KEVIN RAMNARAINE Trustee 0.5 0 X 0 0 0 ANNE REYES Trustee 0.5 0 X 0 0 0 JOHN ROWLAND Trustee 0.5 0 X 0 0 0 CAPERA RYAN Trustee 0.5 0 X 0 0 0 ALEX SANCHEZ Trustee 0.5 0 X 0 0 0 JEANNIE SEYBOLD Trustee - Until 12/2023 0.5 0 X 0 0 0 EVAN SNYDERMAN Trustee - Beginning 2/2023 0.5 0 X 0 0 0 MARIE WISE Trustee - Until 12/2023 0.5 0 X 0 0 0 681335 0 98224 4 0 1 0 0 0 0 1399651 0 100600 3958744 673408 5458995 Tuition 611610 1645071 1645071 0 0 Program Fees 611610 21717 21717 0 0 0 0 0 0 1666788 300032 0 0 300032 0 0 0 0 0 0 0 0 80329 0 0 0 80329 0 80329 80329 0 0 6898807 0 6549996 0 348811 0 348811 0 0 348811 40685 1399651 452336 -411651 0 -411651 925504 526635 398869 288917 0 109952 0 7842173 2036034 0 347144 354882 354882 631743 210581 210581 210581 2359692 1551485 658256 149951 38782 17468 18767 2547 340995 201543 122735 16717 227121 110157 99875 17089 19911 19911 58694 58694 36697 36697 650013 500744 123106 26163 62288 62236 52 0 273126 203728 68689 709 122394 23847 97686 861 265060 260564 4496 189536 167958 8394 13184 7788 4876 1412 1500 13681 13681 438020 363904 74116 126835 63225 63610 Equipment & Maintenance 138195 71758 66231 206 Credit Card Fees 84746 78164 0 6582 Art Supplies 78914 73414 5500 Taxes 36499 7315 29184 0 166522 85129 40279 41114 6722134 4412978 1821952 487204 131378 199959 933319 799254 1787104 1563166 35782 35103 0 0 0 0 2191 3357 230021 304692 0 0 13133376 8716585 4667551 4416791 9792052 11470860 0 0 0 0 0 0 238171 846201 17817569 19639383 193811 282036 0 0 240774 308973 0 0 0 0 0 0 485991 468985 0 0 0 0 920576 1059994 X 5663978 5655146 11233015 12924243 16896993 18579389 17817569 19639383 1120039 562357 0 0 0 0 X 0 1 X 1 0 X 4398903 3656520 5401050 4821400 5458995 23736868 4398903 3656520 5401050 4821400 5458995 23736868 823043 22913825 448289 279720 457812 516958 689668 2392447 0 17 13132 976 14125 26143440 8514796 0.87647 0.8697 X Schedule A, Part II, Line 10 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 X X X 1 8660313 27500 1042142 0 217801 0 9512154 10196893 122192 -1218872 0 439900 0 8660313 9119168 53441 1384009 0 359725 0 10196893 8631210 108402 688281 0 308725 0 9119168 7422481 55056 1498673 0 345000 0 8631210 0 1 0 1 0 0 248045 248045 0 9357168 6102360 3254808 0 0 0 0 0 3528163 2614225 913938 0 0 0 0 4416791 0 X 9035844 562358 43921 0 978971 1585250 7450594 36697 354882 391579 7842173 7353448 43922 0 0 978971 1022893 6330555 36697 354882 391579 6722134 Schedule D, Part III, Line 1 The Ranch acquires its collections, which include various works of art, primarily by donation or loan, and occasionally by purchases. Collections are held for public exhibition, education, or research. Each of the items is catalogued, preserved, and cared for, and activities verifying their existence and assessing their condition are continuously performed. The collections are not recognized as assets in the accompanying statement of financial position. Purchases of collection items are recorded as decreases in net assets without donor restrictions in the year in which the items are acquired, or as net assets with donor restrictions if the assets used to purchase the items are restricted by donors. Contributed collection items are not reflected in the financial statements. Proceeds from deaccessions or insurance recoveries are reflected as increases in the appropriate net asset classes. Schedule D, Part III, Line 4 The art donations the Ranch receives are solicited by the development and events team at the Ranch's fundraising events. The art donations are held for public exhibition, education, and research for the art students who attend classes at the Ranch. Schedule D, Part V, Line 4 The primary use of endowment funds for scholarships is to support artist endeavors through residency programs and scholarship programs. Schedule D, Part X, Line 2 The Ranch performed an evaluation of uncertainty in income taxes for the year ended December 31, 2023, and determined that there are no matters that would require recognition in the financial statements or that may have any effect on its tax-exempt status. U.S. federal jurisdiction and/or the various states and local jurisdictions in which the Ranch files tax returns are open for examination; however, there are currently no examinations pending or in progress. It is the Ranch's policy to recognize interest and penalties related to uncertainty in income taxes, if any, in interest expense and income tax expense, respectively. As of December 31, 2023, the Ranch had no accruals for interest and/or penalties. Schedule D, Part XI, Line 2d Cost of Goods Sold of 526,635 and Special Events Expense of 452,336. Total to Schedule D, Part XI, Line 2D is 978,971. Schedule D, Part XI, Line 4b Financial Aid of 354,882 Schedule D, Part XII, Line 2d Cost of Goods Sold of 526,635 and Special Events Expense of 452,336. Total to Schedule D, Part XII, Line 2D is 978,971. Schedule D, Part XII, Line 4b Financial Aid of 354,882 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 In the Ranch's general registration information, it is published that Anderson Ranch accepts all persons regardless of race, color, national origin, gender, sexual orientation, or religion. Schedule E, Part I, Line 4 An optional survey is sent to students which includes a question on race; it is not obligatory to respond and is for our tracking purposes only. Schedule E, Part I, Line 6 The Ranch received contributions from the City of Aspen in the amount of $83,600, the Town of Snowmass Village in the amount of $8,000, and Colorado Creative Industries in the amount of $10,000 during the year ended December 31, 2023. Recognition Dinner 1127280 1095305 31975 2500 0 37227 73102 6600 239002 Annual Art Auction 179392 174657 4735 0 0 3355 17383 3100 45275 3 133664 129689 3975 0 0 0 13260 1150 10382 1440336 1399651 40685 2500 0 40582 103745 10850 294659 452336 -411651 1 Program Scholarships 265 354882 0 FMV Scholarship Schedule I, Part I, Line 2 The grants awarded by the Ranch are primarily for reductions in the full price of the art classes and other services. As such, the Ranch does not have a need to self-monitor the spending. X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 PETER WAANDERS PRESIDENT & CEO 227277 0 0 0 10875 0 7500 0 10760 0 256412 0 0 0 ANDREA WALLACE VICE PRESIDENT, ARTISTIC AFFAIRS 148693 0 0 0 0 0 4635 0 56044 0 209372 0 0 0 ASHLEY TODEY CHIEF OPERATING OFFICER & VICE PRESIDENT 170419 0 0 0 22500 0 4950 0 10760 0 208629 0 0 0 LINDSY FORTIER DIRECTOR OF MARKETING & COMMUNICATIONS 101571 0 0 0 0 0 3090 0 1155 0 105816 0 0 0 Schedule J, Part I, Line 1a THE RANCH PROVIDED HOUSING TO ANDREA WALLACE AND ASHLEY TODEY AT A VALUE OF $42,000 AND $25,000, RESPECTIVELY, FOR THE YEAR ENDED DECEMBER 31, 2023. THE RANCH PROVIDED HEALTH CLUB DUES TO PETER WAANDERS AT A VALUE OF $10,875 FOR THE YEAR ENDED DECEMBER 31, 2023. X 2110 FMV X 8370 FMV X 5 61895 FMV 0 0 1 0 Schedule M, Part I, Line 9 The total represented in Column B represents the number of contributions that were received for the year ended December 31, 2023. Schedule M, Part I, Line 33 The Ranch acquires its collections, which include various works of art, primarily by donation or loan, and occasionally by purchases. Collections are held for public exhibition, education, or research. Each of the items is catalogued, preserved, and cared for, and activities verifying their existence and assessing their condition are continuously performed. Contributed collection items are not reflected in the financial statements; thus, Schedule M, Line 1 does not include contributed collection artwork. A further explanation of the financial treatment of the Ranch's collections is shown in Schedule D. Form 990, Part III, Line 1 Located on five scenic acres in Snowmass Village near Aspen, Colorado, the Ranch supports the personal and professional development of artists at all levels through year-round workshops in ceramics, sculpture, photography, new media, painting and drawing, printmaking, woodworking, furniture design, and more. Our offerings include workshops, artist residencies for emerging and established artists, summer internships, visiting artist and critic programs, community outreach, and public events, providing a full spectrum of opportunities for creative individuals of all backgrounds. The Ranch's facilities include fully-equipped, state of the art studios. Our programs and events attract thousands of artists, art lovers, students, faculty, and patrons annually to this historic Rocky Mountain center. Form 990, Part III, Line 4d Anderson Ranch is dedicated to nurturing artists of all ages, backgrounds, and skill levels, offering diverse educational opportunities. From intensive workshops led by renowned faculty to critical studies programs, artist residencies, and free lectures on contemporary art, we provide a nurturing environment where artists can explore, learn, and grow. We emphasize small class sizes to provide personal attention and foster direct faculty access. Our studios are available 24/7, encouraging unbridled creativity. We instill in our community the values of art as a way of life and a professional path, as well as the importance of giving more than one takes and creating for the enjoyment of others. Anderson Ranch's impact through art extends to both the on-campus community and the Roaring Fork Valley. Public Programs: The Ranch hosts a wide array of free public events, including lectures, tours, seminars, and exhibitions, with a primary aim of educating the public about art and artists. These initiatives have garnered significant attendance, with the Summer Series, featuring renowned artists, drawing over 700 participants. Latinx Outreach Program: Anderson Ranch initiated a comprehensive community outreach program to bolster services related to Latinx arts and culture in the regional community. This year-long, multifaceted program aimed to engage and unify diverse communities around the shared interest in Latinx arts and culture. The program's impact is evident in the successful 2022 Hispanic Heritage Celebration, which attracted over 600 attendees, a majority of whom were Latinx and had not previously visited the Ranch campus. This culturally responsive program has fostered inspiring engagement with educators, leaders, students, and the broader Roaring Fork and Latinx community. Visiting Artist Programs: The Visiting Artists Program serves as a cornerstone of the Ranch's offerings, bringing accomplished artists from various disciplines to the campus. In 2022, the Ranch hosted 26 visiting artists, significantly enhancing the artistic discourse and experiences of program participants. For over 50 years, Anderson Ranch has welcomed individuals passionate about the arts. We recognize the power of art in inspiring unique thought and expression and view artists as influential educators during times of profound change and growth. Our deliberate focus is on promoting inclusivity within our community, particularly among historically underrepresented groups based on various factors. Our commitment to equity and diversity is ongoing, with an active emphasis on listening to our community's needs, conducting research on diverse artistic programming, forming partnerships with BIPOC and LGBTQ+ communities, and engaging cultural organizations. We prioritize education and development opportunities for our staff, faculty, and board members to fortify our commitment to equity and diversity. Acknowledging that our campus is situated on the traditional, ancestral territory of the Ute people, who called the Roaring Fork Valley home for over 800 years, Anderson Ranch is committed to honoring the Indigenous ancestors and residents of this sacred land. Through our mission, we pledge to promote a wide range of arts, cultures, and voices, partnering with and paying tribute to the Indigenous communities that enrich this hallowed ground where we learn, work, and create. Form 990, Part VI, Section A, Line 2 Marie Wise, Director, has a family relationship with Ian Alteveer, Director. Form 990, Part VI, Section B, Line 11b Management prepares the Federal Form 990, which is then reviewed in draft form by the President and CEO. After their review, the final version is submitted to the Internal Revenue Service. Form 990, Part VI, Section B, Line 12c Each officer, trustee, key employee, and board committee member annually signs a statement affirming that they: (a) have received, read, and understood the policy; (b) agree to comply with it; and (c) acknowledge that, as a charitable organization, the Ranch must engage primarily in activities that fulfill its tax-exempt purposes to maintain federal tax exemption. For any actual or potential conflicts of interest, the individual with the potential conflict must disclose their financial interest and relevant material facts to the trustees or board committee members evaluating the proposed transaction or arrangement. After disclosing the interest and related details, the individual leaves the meeting to allow the remaining trustees or committee members to discuss and vote on whether a conflict of interest exists. Form 990, Part VI, Section B, Line 15 The President and CEO's compensation is reviewed and recommended by the Executive Committee and Board Chair before being presented to the full Board for approval. A dedicated Compensation Committee conducts regular benchmarking and compensation reviews to ensure alignment with industry standards. An independent compensation analysis was completed in the third quarter of 2023 to further validate the compensation structure. Form 990, Part VI, Section C, Line 19 The Ranch provides public access to its governing documents, financial statements, and Federal Form 990 through its website. The delay in filing the Form 990 was due to unforeseen staffing changes within our organization. Specifically, we experienced a separation with our Finance Director during the reporting period, which caused delays in preparing and finalizing the necessary financial reports. We are taking steps to address these challenges to prevent similar delays in the future.