PRECIOUS MOMENTS FOUNDATION: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: PRECIOUS MOMENTS FOUNDATION (EIN 31-1721271)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-11-14
IRS object ID: 202343189349310359
Schema version: 2022v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule L
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-11-14T13:34:16-06:00	ReturnTs
Tax Period End	2022-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	431365401	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	THE WHITLOCK COMPANY LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	3929 E 7TH ST SUITE C	AddressLine1Txt
City	JOPLIN	CityNm
State Abbreviation	MO	StateAbbreviationCd
ZIP	64801	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2022-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	311721271	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	PRECIOUS MOMENTS FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	PREC	BusinessNameControlTxt
Phone	4173587599	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	4321 CHAPEL ROAD	AddressLine1Txt
City	CARTHAGE	CityNm
State Abbreviation	MO	StateAbbreviationCd
ZIP	64836	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	WENDY LAKE	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	4173587599	PhoneNum
Signature	2023-11-14	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	WENDY	PersonFirstNm
Person Last	LAKE	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	A JAY LOGAL	PreparerPersonNm
PTIN	P00317208	PTIN
Phone	4172060508	PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	WENDY LAKE	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	4321 CHAPEL ROAD	AddressLine1Txt
City	CARTHAGE	CityNm
State Abbreviation	MO	StateAbbreviationCd
ZIP	64836	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$3,094,707	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2000	FormationYr
Legal Domicile State	MI	LegalDomicileStateCd
Activity Or Mission	WE MAKE THE WORLD BETTER BY SHARING A PLACE AND EXPERIENCE THAT NURTURES FAITH AND INSPIRES OUR GUESTS THROUGH THE CREATIVE SPIRIT WITHIN ALL OF US, AND BY PRESERVING THE ART AND MEDIUM THROUGH WHICH SAM BUTCHER COMMUNICATED HIS UNIQUE MESSAGE OF LOVING, CARING AND SHARING WITH THE WORLD.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	7	VotingMembersIndependentCnt
Total Employee	9	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$379,825	PYContributionsGrantsAmt
CY Contributions Grants	$1,118,549	CYContributionsGrantsAmt
PY Program Service Revenue	$0	PYProgramServiceRevenueAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	-$2,987,230	PYInvestmentIncomeAmt
CY Investment Income	$274,411	CYInvestmentIncomeAmt
PY Other Revenue	$782,647	PYOtherRevenueAmt
CY Other Revenue	$697,003	CYOtherRevenueAmt
PY Total Revenue	-$1,824,758	PYTotalRevenueAmt
CY Total Revenue	$2,089,963	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$416,475	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$440,620	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$731,630	PYOtherExpensesAmt
CY Other Expenses	$853,588	CYOtherExpensesAmt
PY Total Expenses	$1,148,105	PYTotalExpensesAmt
CY Total Expenses	$1,294,208	CYTotalExpensesAmt
PY Revenues Less Expenses	-$2,972,863	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$795,755	CYRevenuesLessExpensesAmt
Total Assets BOY	$6,085,293	TotalAssetsBOYAmt
Total Assets EOY	$4,969,795	TotalAssetsEOYAmt
Total Liabilities BOY	$2,024,823	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$113,570	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$4,060,470	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$4,856,225	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	WE MAKE THE WORLD BETTER BY SHARING A PLACE AND EXPERIENCE THAT NURTURES FAITH AND INSPIRES OUR GUESTS THROUGH THE CREATIVE SPIRIT WITHIN ALL OF US, AND BY PRESERVING THE ART AND MEDIUM THROUGH WHICH SAM BUTCHER COMMUNICATED HIS UNIQUE MESSAGE OF LOVING, CARING AND SHARING WITH THE WORLD.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$1,120,352	ExpenseAmt
Desc	WE PROVIDE FREE TOURS OF THE PRECIOUS MOMENTS CHAPEL AND SURROUNDING GROUNDS. WE ALSO HAVE A MUSEUM, VISITORS CENTER AND GIFT SHOP FOR OUR GUESTS TO VISIT AND ENJOY.	Desc
Total Program Service Expenses	$1,120,352	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	Yes (1)	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	Yes (1)	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (1)	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	17	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	9	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (1)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (1)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	7	GoverningBodyVotingMembersCnt
Independent Voting Member	7	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	Yes (1)	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	MI	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CARLA RANDALL	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	4173593009	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	4105 CHAPEL ROAD	AddressLine1Txt
City	CARTHAGE	CityNm
State Abbreviation	MO	StateAbbreviationCd
ZIP	64836	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
DON BUTCHER
DIRECTOR	0.50	Yes (X)	$0	$0	$0
TERRI HECKMASTER
PRESIDENT	58.00	Yes (X)	$61,444	$0	$5,753	Yes (X)
CHRIS WISEMAN
SECRETARY/TREASURER	0.50	Yes (X)	$0	$0	$0	Yes (X)
KEN COPELAND
DIRECTOR	0.50	Yes (X)	$0	$0	$0
JAMES MALCOLM
CHAIRMAN	0.50	Yes (X)	$0	$0	$0
JAY LOGAL
DIRECTOR	0.50	Yes (X)	$0	$0	$0
WENDY LAKE
DIRECTOR	0.50	Yes (X)	$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$61,444	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$5,753	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
Fundraising	$1,965	FundraisingAmt
All Other Contributions	$1,116,584	AllOtherContributionsAmt
Noncash Contributions	$1,002,761	NoncashContributionsAmt
Total Contributions	$1,118,549	TotalContributionsAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$47,350	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$51,414	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	-$4,064	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$4,064	TotalRevenueColumnAmt
Exclusion	-$4,064	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Other	$975,000	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Other	$700,589	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Other	$274,411	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$274,411	TotalRevenueColumnAmt
Exclusion	$274,411	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$99,221	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$1,965	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$30,910	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$68,311	TotalRevenueColumnAmt
Exclusion	$68,311	ExclusionAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$854,587	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$221,831	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$632,756	TotalRevenueColumnAmt
Related Or Exempt Func Income	$632,756	RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,089,963	TotalRevenueColumnAmt
Related Or Exempt Func Income	$632,756	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$338,658	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$67,197	TotalAmt
Management And General	$67,197	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$296,008	TotalAmt
Program Services	$267,412	ProgramServicesAmt
Management And General	$28,596	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$49,285	TotalAmt
Program Services	$44,882	ProgramServicesAmt
Management And General	$4,403	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$28,130	TotalAmt
Program Services	$25,880	ProgramServicesAmt
Management And General	$2,250	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$93,051	TotalAmt
Program Services	$85,607	ProgramServicesAmt
Management And General	$7,444	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$89	TotalAmt
Program Services	$82	ProgramServicesAmt
Management And General	$7	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$54,441	TotalAmt
Program Services	$50,086	ProgramServicesAmt
Management And General	$4,355	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$130,357	TotalAmt
Program Services	$119,395	ProgramServicesAmt
Management And General	$10,962	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$1,142	TotalAmt
Program Services	$1,051	ProgramServicesAmt
Management And General	$91	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$123,989	TotalAmt
Program Services	$111,479	ProgramServicesAmt
Management And General	$12,510	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$262	TotalAmt
Program Services	$241	ProgramServicesAmt
Management And General	$21	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$21	TotalAmt
Program Services	$21	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$308,300	TotalAmt
Program Services	$283,636	ProgramServicesAmt
Management And General	$24,664	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$90,358	TotalAmt
Program Services	$83,129	ProgramServicesAmt
Management And General	$7,229	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
TAXES	$40,281	$37,058	$3,223
CONTRACT LABOR	$7,500	$6,900	$600
DUES AND SUBSCRIPTIONS	$3,797	$3,493	$304

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,294,208	TotalAmt
Program Services	$1,120,352	ProgramServicesAmt
Management And General	$173,856	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$6,612	BOYAmt
EOY	$5,564	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$760,177	BOYAmt
EOY	$596,771	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$1,200	BOYAmt
EOY	$2,200	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$119,044	BOYAmt
EOY	$151,392	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$100,752	BOYAmt
EOY	$102,019	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$8,589,447	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$4,477,598	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$5,097,508	BOYAmt
EOY	$4,111,849	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$6,085,293	BOYAmt
EOY	$4,969,795	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$45,076	BOYAmt
EOY	$113,570	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,979,747	BOYAmt
EOY	$0	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$2,024,823	BOYAmt
EOY	$113,570	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$4,060,470	BOYAmt
EOY	$4,856,225	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$4,060,470	BOYAmt
EOY	$4,856,225	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$6,085,293	BOYAmt
EOY	$4,969,795	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$795,755	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	0	FSAuditedInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$136,452	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$111,496	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$134,435	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$379,825	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,118,549	CurrentTaxYearAmt
Total	$1,880,757	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$136,452	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$111,496	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$134,435	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$379,825	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,118,549	CurrentTaxYearAmt
Total	$1,880,757	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total170	$1,880,757	PublicSupportTotal170Amt
Total Support	$1,880,757	TotalSupportAmt
Public Support CY170	1.00000	PublicSupportCY170Pct
Public Support PY170	1.00000	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd

Collection Used Other Purposes CollectionUsedOtherPurposesGrp

Field	Value	IRS element (for citing)
Collection Used Other Purposes	Yes (X)	CollectionUsedOtherPurposesInd
Other Purposes	OTHER	OtherPurposesDesc

Field	Value	IRS element (for citing)
Solicited Assets Sale	0	SolicitedAssetsSaleInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,671,955	OtherCostOrOtherBasisAmt
Book Value	$1,671,955	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$3,704,777	OtherCostOrOtherBasisAmt
Depreciation	$2,500,103	DepreciationAmt
Book Value	$1,204,674	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$282,727	OtherCostOrOtherBasisAmt
Depreciation	$275,960	DepreciationAmt
Book Value	$6,767	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$2,929,988	OtherCostOrOtherBasisAmt
Depreciation	$1,701,535	DepreciationAmt
Book Value	$1,228,453	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$4,111,849	TotalBookValueLandBuildingsAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART III, LINE 4:	FormAndLineReferenceDesc
Explanation	THE ORGANIZATION'S COLLECTIONS INCLUDE SAMUEL J. BUTCHER PAINTINGS, STATUES, FIGURINES AND ILLUSTRATIONS. THESE COLLECTIONS FURTHER THE ORGANIZATION'S EXEMPT PURPOSE BY CONVEYING THE MEANING, HISTORY AND PURPOSE OF SAM BUTCHER'S PRECIOUS MOMENTS ARTWORK INCLUDING THE PRECIOUS MOMENTS CHAPEL. THE COLLECTIONS NURTURE FAITH AND INSPIRE CREATIVITY THROUGH THE UNIQUE PRECIOUS MOMENTS MESSAGE OF LOVING, CARING AND SHARING.	ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Field	Value	IRS element (for citing)
Person	DON BUTCHER	PersonNm

Field	Value	IRS element (for citing)
Relationship Description	32% OWNER OF PRECIOUS MOMENTS FAMILY COMPANIES	RelationshipDescriptionTxt
Transaction	$160,377	TransactionAmt
Transaction	PRODUCT SALES	TransactionDesc
Sharing Of Revenues	0	SharingOfRevenuesInd

Schedule M IRS990ScheduleM

Other Non Cash Contri Table OtherNonCashContriTableGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Desc	GIFT ANNUITY LIABILITY FORGIVEN	Desc
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$1,002,761	NoncashContributionsRptF990Amt
Method Of Determining Revenues	LOAN BALANCE	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	0	ReviewProcessUnusualNCGiftsInd
Third Parties Used	0	ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	THE FINANCE TEAM AT PRECIOUS MOMENTS COMPANY, INC. SENDS A DRAFT OF THE 990 TO ALL BOARD MEMBERS. ONCE APPROVAL IS RECEIVED FROM THE BOARD THE FINANCE TEAM GIVES ACCOUNTING FIRM THE OK TO PROCESS THE RETURN.
FORM 990, PART VI, SECTION B, LINE 12C	THE SUCCESSFUL BUSINESS OPERATION AND REPUTATION OF PRECIOUS MOMENTS IS BUILT UPON THE PRINCIPLES OF FAIR DEALING AND ETHICAL CONDUCT OF OUR EMPLOYEES. OUR REPUTATION FOR INTEGRITY AND EXCELLENCE REQUIRES CAREFUL OBSERVANCE OF THE SPIRIT AND LETTER OF ALL APPLICABLE LAWS AND REGULATIONS, AS WELL AS SCRUPULOUS REGARD FOR THE HIGHEST STANDARDS OF CONDUCT AND PERSONAL INTEGRITY. THE CONTINUED SUCCESS OF PRECIOUS MOMENTS IS DEPENDENT UPON OUR CUSTOMERS' TRUST AND WE ARE DEDICATED TO PRESERVING THAT TRUST. EMPLOYEES AND BOARD MEMBERS OWE A DUTY TO PM, ITS CUSTOMERS AND SHAREHOLDERS TO ACT IN A WAY THAT WILL MERIT THE CONTINUED TRUST AND CONFIDENCE OF THE PUBLIC. BUSINESS DEALINGS THAT APPEAR TO CREATE A CONFLICT BETWEEN THE INTERESTS OF THE COMPANY AND AN EMPLOYEE OR BOARD MEMBER ARE UNACCEPTABLE. THE COMPANY RECOGNIZES THE RIGHT OF EMPLOYEES OR BOARD MEMBERS TO ENGAGE IN ACTIVITIES OUTSIDE OF THEIR SERVICE WHICH ARE OF A PRIVATE NATURE AND UNRELATED TO OUR BUSINESS. HOWEVER, THE EMPLOYEE OR BOARD MEMBER MUST DISCLOSE ANY POSSIBLE CONFLICTS SO THAT THE COMPANY MAY ASSESS AND PREVENT CONFLICTS OF INTEREST FROM ARISING. A POTENTIAL OR ACTUAL CONFLICT OF INTEREST OCCURS WHENEVER AN EMPLOYEE OR BOARD MEMBER IS IN A POSITION TO INFLUENCE A DECISION THAT MAY RESULT IN PERSONAL GAIN FOR THE EMPLOYEE OR BOARD MEMBER OR AN IMMEDIATE FAMILY MEMBER AS A RESULT OF THE COMPANY'S BUSINESS DEALINGS. NO EMPLOYEE OR BOARD MEMBER MAY SOLICIT OR ACCEPT GIFTS OF SIGNIFICANT VALUE (I.E., IN EXCESS OF $50), LAVISH ENTERTAINMENT OR OTHER BENEFITS FROM POTENTIAL OR ACTUAL CUSTOMERS, SUPPLIERS OR COMPETITORS. SHOULD THE VALUE OF AN OFFERED GIFT EXCEED $50, PLEASE DISCLOSE THE INFORMATION TO THE CHIEF EXECUTIVE OFFICER OR THE CHIEF FINANCIAL OFFICER FOR REVIEW. OFTEN THOSE GIFTS, SUCH AS TICKETS TO SPORTING EVENTS, CONCERTS, ETC., WILL BE ALLOWED, UPON DISCLOSURE. HOWEVER, SPECIAL CARE MUST BE TAKEN TO AVOID EVEN THE IMPRESSION OF A CONFLICT OF INTEREST. THE EXCEPTION TO THIS POLICY WOULD BE FOR SUCH GIFTS TO BE HELD IN TRUST FOR THE GENERAL EMPLOYEE POPULATION TO BE USED AS AWARDS OR GIFTS FOR EMPLOYEE PRIZE DRAWINGS. ALL PRECIOUS MOMENTS EMPLOYEES AND MUST BE AWARE THAT PRECIOUS MOMENTS RETAINS LEGAL OWNERSHIP OF THE PRODUCT OF THEIR WORK. NO WORK PRODUCT CREATED WHILE EMPLOYED BY PRECIOUS MOMENTS CAN BE CLAIMED, CONSTRUED, OR PRESENTED AS PROPERTY OF THE INDIVIDUAL, EVEN AFTER EMPLOYMENT BY PRECIOUS MOMENTS HAS BEEN TERMINATED OR THE RELEVANT PROJECT COMPLETED. THIS INCLUDES WRITTEN AND ELECTRONIC DOCUMENTS, AUDIO AND VIDEO RECORDINGS, SYSTEM CODE, AND ALSO ANY CONCEPTS, IDEAS, OR OTHER INTELLECTUAL PROPERTY DEVELOPED FOR PRECIOUS MOMENTS, REGARDLESS OF WHETHER THE INTELLECTUAL PROPERTY IS ACTUALLY USED BY PRECIOUS MOMENTS. ALTHOUGH IT IS ACCEPTABLE FOR AN EMPLOYEE TO DISPLAY AND/OR DISCUSS A PORTION OR THE WHOLE OF CERTAIN WORK PRODUCT AS AN EXAMPLE IN CERTAIN SITUATIONS (E.G., ON A RESUME, IN A FREELANCER'S MEETING WITH A PROSPECTIVE CLIENT), ONE MUST BEAR IN MIND THAT INFORMATION CLASSIFIED AS CONFIDENTIAL MUST REMAIN SO EVEN AFTER THE END OF EMPLOYMENT, AND THAT SUPPLYING CERTAIN OTHER ENTITIES WITH CERTAIN TYPES OF INFORMATION MAY CONSTITUTE A CONFLICT OF INTEREST. IN ANY EVENT, IT MUST ALWAYS BE MADE CLEAR THAT WORK PRODUCT IS THE SOLE AND EXCLUSIVE PROPERTY OF PRECIOUS MOMENTS. PM WILL COMPLY WITH ALL APPLICABLE LAWS AND REGULATIONS AND EXPECTS ITS DIRECTORS, OFFICERS, EMPLOYEES, AND BOARD MEMBERS TO CONDUCT BUSINESS IN ACCORDANCE WITH THE LETTER, SPIRIT AND INTENT OF ALL RELEVANT LAWS AND TO REFRAIN FROM ANY ILLEGAL, DISHONEST OR UNETHICAL CONDUCT. IN GENERAL, THE USE OF GOOD JUDGMENT, BASED ON HIGH ETHICAL PRINCIPLES, WILL GUIDE YOU WITH RESPECT TO LINES OF ACCEPTABLE CONDUCT. IF A SITUATION ARISES WHERE IT IS DIFFICULT TO DETERMINE THE PROPER COURSE OF ACTION OR IF IT HAS THE APPEARANCE OF A CONFLICT OF INTEREST, THE MATTER SHOULD BE DISCUSSED OPENLY WITH A REPRESENTATIVE OF THE HUMAN RESOURCES DEPARTMENT AND / OR WITH AN OFFICER OF THE COMPANY FOR ADVICE AND CONSULTATION. COMPLIANCE WITH THIS POLICY OF BUSINESS ETHICS AND CONDUCT IS THE RESPONSIBILITY OF EVERY PRECIOUS MOMENTS EMPLOYEE AND BOARD MEMBER. DISREGARDING OR FAILING TO COMPLY WITH THIS STANDARD OF BUSINESS ETHICS AND CONDUCT COULD LEAD TO DISCIPLINARY ACTION, UP TO AND INCLUDING POSSIBLE TERMINATION.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY REQUEST.
FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC	CHRIS WISEMAN - 7647 W HWY 86, JOPLIN, MO 64804. KEN COPELAND - 3811 HAWTHORN CT, JOPLIN, MO 64804. JAMES MALCOLM - 5000 CHAPEL RD, CARTHAGE, MO 64836. JAY LOGAL - 3929 EAST 7TH ST STE C, JOPLIN, MO 64801.