EDMUNDSON ART FOUNDATION INC: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- EDMUNDSON ART FOUNDATION INC (EIN 42-0680419)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2022-04-04
- IRS object ID
- 202210949349300021
- Schema version
- 2020v4.2
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-04-04T10:23:21-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 3RD AVENUE SE SUITE 300 | AddressLine1Txt |
| City | CEDAR RAPIDS | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 52401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 420680419 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EDMUNDSON ART FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | EDMU | BusinessNameControlTxt |
| Phone | 5152774405 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4700 GRAND AVENUE | AddressLine1Txt |
| City | DES MOINES | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 50312 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BONNIE VALVERDE | PersonNm |
| Person Title | DIRECTOR OF FINANCE& ADMINISTRATION | PersonTitleTxt |
| Phone | 5152774405 | PhoneNum |
| Signature | 2022-02-23 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | BONNIE | PersonFirstNm |
| Person Last | VALVERDE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID LITTLE | PreparerPersonNm |
| PTIN | P01480921 | PTIN |
| Phone | 3193632697 | PhoneNum |
| Preparation | 2022-02-23 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amended Return | Yes (X) | AmendedReturnInd |
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DES MOINES ART CENTER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | BONNIE VALVERDE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4700 GRAND AVE | AddressLine1Txt |
| City | DES MOINES | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 50312 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $10,859,148 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.DESMOINESARTCENTER.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1946 | FormationYr |
| Legal Domicile State | IA | LegalDomicileStateCd |
| Activity Or Mission | THE DES MOINES ART CENTER ENGAGES DIVERSE LOCAL, NATIONAL, AND INTERNATIONAL AUDIENCES WITH THE ART OF TODAY THROUGH ITS MUSEUM AND SCHOOL, ADDING TO THE CULTURAL RECORD THROUGH COLLECTIONS AND PROGRAMS. THE DES MOINES ART CENTER BELIEVES IN THE POWER OF ART TO INSPIRE PERSONAL, POLITICAL, AND SOCIAL TRANSFORMATION. WE COMMITT TO EXHIBIT AND EXPLORE THOUGHT-PROVOKING MODERN AND CONTEMPORARY ART. WE CONNECT PEOPLE AND ART BY OFFERING OPPORTUNITIES FOR FEELING, IMAGING, DREAMING AND CREATING. WE PROMOTE CURIOSITY AND EMBRACE CRTICAL AND EMPATHETIC THINKING WITH A SPIRIT OF OPENNESS. WE STRIVE TO BE A WELCOMING AND EQUITABLE CULTURAL RESOURCE. THIS EFFORT TO ENSURE ACCESS TO ART FOR EVERYONE HAS BEEN A CORE TENET OF THE MUSEUM SINCE ITS FOUNDING. ADMISSION IS ALWAYS FREE FOR ALL. | ActivityOrMissionDesc |
| Voting Members Governing Body | 26 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 26 | VotingMembersIndependentCnt |
| Total Employee | 108 | TotalEmployeeCnt |
| Total Volunteers | 28 | TotalVolunteersCnt |
| Total Gross UBI | -$146,062 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,035,480 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,711,964 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $419,041 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $326,741 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,693,132 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,418,365 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,830,327 | PYOtherRevenueAmt |
| CY Other Revenue | $1,764,880 | CYOtherRevenueAmt |
| PY Total Revenue | $7,977,980 | PYTotalRevenueAmt |
| CY Total Revenue | $5,221,950 | 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 | $3,806,929 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,500,625 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $746,783 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $5,060,080 | PYOtherExpensesAmt |
| CY Other Expenses | $2,611,833 | CYOtherExpensesAmt |
| PY Total Expenses | $8,867,009 | PYTotalExpensesAmt |
| CY Total Expenses | $6,112,458 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$889,029 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$890,508 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $124,117,602 | TotalAssetsBOYAmt |
| Total Assets EOY | $123,873,821 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $923,776 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,492,506 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $123,193,826 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $122,381,315 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE DES MOINES ART CENTER ENGAGES DIVERSE LOCAL, NATIONAL, AND INTERNATIONAL AUDIENCES WITH THE ART OF TODAY THROUGH ITS MUSEUM AND SCHOOL, ADDING TO THE CULTURAL RECORD THROUGH COLLECTIONS AND PROGRAMS. THE DES MOINES ART CENTER BELIEVES IN THE POWER OF ART TO INSPIRE PERSONAL, POLITICAL, AND SOCIAL TRANSFORMATION. WE COMMITT TO EXHIBIT AND EXPLORE THOUGHT-PROVOKING MODERN AND CONTEMPORARY ART. WE CONNECT PEOPLE AND ART BY OFFERING OPPORTUNITIES FOR FEELING, IMAGING, DREAMING AND CREATING. WE PROMOTE CURIOSITY AND EMBRACE CRTICAL AND EMPATHETIC THINKING WITH A SPIRIT OF OPENNESS. WE STRIVE TO BE A WELCOMING AND EQUITABLE CULTURAL RESOURCE. THIS EFFORT TO ENSURE ACCESS TO ART FOR EVERYONE HAS BEEN A CORE TENET OF THE MUSEUM SINCE ITS FOUNDING. ADMISSION IS ALWAYS FREE FOR ALL. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $3,175,026 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | COLLECTIONS, EXHIBITIONS AND WORKS OF ART:OVER 300 WORKS OF ART FROM THE PERMANENT COLLECTIONS ARE ALWAYS ON DISPLAY. EXAMPLES OF OUR MASTERPIECE-QUALITY WORKS INCLUDE CLAUDE MONET, BRICE MARDEN, JOHN SINGER-SARGENT, FRANCIS BACON, FRANK STELLA, CECILY BROWN, PHILLIP GUSTON, JEAN ARP, ANDY GOLDSWORTHY, CONSTANIN BRANCUSI, LOUISE BOURGEOIS, AND ALBERTO GIACOMETTI. IN ADDITION, SEVEN SPECIAL EXHIBITIONS WERE PRESENTED IN 2020. THESE EXHIBITIONS CONTRIBUTED TO THE DIALOGUES SURROUNDING CONTEMPORARY ART AND INCLUDED HEDDA STERNE: IMAGINATION AND MACHINE, KARLA BLACK, RESEARCHER: WOMEN ARTISTS INSPIRED BY SCIENCE, AND BLACK STORIES, THE LATTER OF WHICH HIGHLIGHTED THE STRONG PRESENCE OF BLACK ARTISTS IN OUR PERMANENT COLLECTIONS. RESPONDING TO OUR HOME STATE, WE PRESENTED THE IOWA ARTISTS 2020: RACHEL COX, AS WELL AN EXHIBITION OF THE VIDEO WORK "JUDITH LOVES MARTHA" BY IOWA-BORN ARTIST ANNA GASKELL. WE PUBLISHED ONE MAJOR CATALOG AND SEVERAL SMALLER BROCHURES TO ACCOMPANY THESE PROJECTS. ARTWORKS ENTERING THE PERMANENT COLLECTIONS CAME FROM ALL CORNERS OF THE WORLD, SHOWCASING THE DIVERSITY OF OUR HOLDINGS AND FULFILLING OUR DESIRE FOR MULTIPLE AUDIENCES TO "SEE THEMSELVES" IN THE MUSEUM. IN 2020, WE ACQUIRED IMPORTANT WORKS OF ART THROUGH GIFT AND PURCHASE BY HENRY TAYLOR, HEDDA STERNE, LUIS GISPERT, LEONOR FINI, FRANK BIG BEAR, ELIZABETH CATLETT, WENDY RED STAR, ROGER SHIMOMURA, RENE MAGRITTE, AND CARA ROMERO, AMONG OTHERS. THESE ACQUISITIONS INCLUDE WORKS BY INDIGENOUS, BLACK, ASIAN, AND LATINX ARTIST, AS WELL AS SPANNING IMPORTANT ART MOVEMENTS FROM THE EARLY 20TH-CENTURY TO TODAY. OPEN TO VISITORS SINCE SEPTEMBER 2009, THE JOHN AND MARY PAPPAJOHN SCULPTURE PARK FEATURES ARTWORK BY 28 OF THE WORLD'S MOST CELEBRATED ARTISTS. RELATED EDUCATION PROGRAMS REACHED THOUSANDS OF CHILDREN AND ADULTS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,349,727 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $326,741 | RevenueAmt |
| Desc | EDUCATIONTHE ART CENTER'S PUBLIC AND EDUCATIONAL PROGRAMS ARE COMMITTED TO CONNECTING PEOPLE AND ART BY OFFERING OPPORTUNITIES FOR FEELING, IMAGINING, DREAMING. FURTHERMORE, WE AIM TO PROMOTE CURIOSITY AND EMBRACE CRITICAL AND EMPATHETIC THINKING WITH A SPIRIT OF OPENNESS, STRIVING TO BE A WELCOMING AND EQUITABLE CULTURAL RESOURCE. OUR EFFORTS INCLUDE OPERATING A PUBLIC ART SCHOOL, ENGAGING IN PARTNERSHIPS WITH NUMEROUS SOCIAL AND HUMAN SERVICE ORGANIZATIONS, OFFERING ON- AND OFF-SITE SCHOOL ENRICHMENT CURRICULA, CREATING OPPORTUNITIES FOR CHILD-CENTERED LEARNING AND FAMILY ENGAGEMENT, LEADING GUIDED VISITS OF THE MUSEUM AND PAPPAJOHN SCULPTURE PARK, AND HOSTING VARIED PUBLIC EVENTS THAT FOSTER CONTINUED LEARNING. WITH THE ONSET OF THE COVID-19 PANDEMIC IN MARCH OF 2020, THE ABILITY TO HOST IN-PERSON PROGRAMMING CAME TO AN ABRUPT HALT, BUT OF COURSE, THE NEED FOR ACCESS TO THE ARTS DID NOT WANE, IT WAS NEEDED MORE THAN EVER. CREATIVE PROBLEM SOLVING KICKED IN AND NEW VIRTUAL OPPORTUNITIES WERE DEVELOPED, AND OVER THE COURSE OF THE YEAR, THE ART ACCESS BRANCH OF COMMUNITY ENGAGEMENT WAS ABLE TO SERVE 28 COMMUNITY PARTNERS WITH A COMBINATION OF LIVE VIRTUAL SESSIONS AND RECORDED PROGRAMMING. OVER THE SUMMER MONTHS, SIX OF OUR PARTNERS WERE PROVIDED WITH ROUGHLY 500 "ART KITS AND INSTRUCTION WAS PROVIDED BY EITHER A ZOOM ART LESSON OR PRERECORDED VIDEO. IN SUM, 60 PROGRAMS, MANY OF WHICH WERE MULTIWEEK CLASSES, WERE REALIZED. WE CONTINUED SERVING 20 TEENS WITH WEEKLY SESSIONS OVER THE COURSE OF THE YEAR WHO WERE PARTICIPANTS IN OUR TEEN ACADEMY, AS WELL AS OFFERED VIRTUAL ART CLASSES FOR VETERANS. MUSEUM EDUCATION TOOK A HARD LOOK AT WHAT WAS GOING TO MAKE POSITIVE CONTRIBUTIONS TO PEOPLES' LIVES IN THE EARLY MONTHS OF THE PANDEMIC AND FOCUSED ON ENCOURAGING FOLKS TO HONOR SELFCARE AND WELLBEING IN PROGRAMMING AND DIGITAL MATERIALS. EXAMPLES INCLUDED A CALL FOR ENTRIES TO AN EARTH DAY COMMUNITY PHOTOGRAPHY SLIDESHOW, OUTDOOR WALKING GUIDE OF THE SCULPTURES ON THE ART CENTER GROUNDS, AND A THREE-PART VIDEO SERIES THAT ELEVATED ESSENTIAL WORKERS BY THANKING THEM AND LEARNING ABOUT THEIR WORK IN THIS FRAUGHT TIME AND THEN TAKING A FEW MOMENTS OF RESPITE TO PARTICIPATE IN A FUN CONVERSATION ABOUT ART WITH A MUSEUM EDUCATOR. FURTHERMORE, DOCENTS CREATED PRESENTATIONS THAT CAME TO BE CALLED "ART CALLS" THAT SERVED TO REACH QUARANTINED RESIDENTS OF SENIOR LIVING FACILITIES. ALSO OF NOTE, THIS PERIOD ENABLED US BOLSTER ONLINE RESOURCES FOR TEACHERS AND FAMILY LEARNING. NUMEROUS RECORDINGS WERE ADDED OUR AUDIO TOUR, 10 "CREATIVE CONNECTIONS" LESSON PLAN PACKAGES WERE DEVELOPED, AND AS A PIVOT FROM IN-PERSON TOURING, WE DEVELOPED A SERIES OF VIRTUAL VIEWING VIDEOS WITH OUR DOCENTS TO ENCOURAGE CAREFUL OBSERVATION AND OPENING-ENDED DIALOGUE ABOUT AT WORKS IN OUR COLLECTION. FURTHERMORE, WE DIGITIZED SOME IMPORTANT ARTIST AND SCHOLARLY LECTURES FROM PRIOR YEARS AND MADE THEM ACCESSIBLE ON OUR WEBSITE. STUDIO PROGRAMS, OUR THIRD BRANCH OF EDUCATION, ALSO ROSE TO THE CHALLENGE OF THE TIMES. THREE TERMS OF CLASSES AND WORKSHOPS INCLUDING ANIMATION, CERAMICS, DRAWING, JEWELRY MAKING, PAINTING, PHOTOGRAPHY AND MORE ARE OFFERED ANNUALLY AND SERVED APPROXIMATELY 1,080 STUDENTS (CHILDREN, ADULTS, AND FAMILIES) IN 2020. OF THOSE STUDENTS, APPROXIMATELY 16% (OR 67 PEOPLE) RECEIVED SCHOLARSHIPS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $136,154 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | MUSEUM EDUCATIONTOOK A HARD LOOK AT WHAT WAS GOING TO MAKE POSITIVE CONTRIBUTIONS TO PEOPLES' LIVES IN THE EARLY MONTHS OF THE PANDEMIC AND FOCUSED ON ENCOURAGING FOLKS TO HONOR SELFCARE AND WELLBEING IN PROGRAMMING AND DIGITAL MATERIALS. EXAMPLES INCLUDED A CALL FOR ENTRIES TO AN EARTH DAY COMMUNITY PHOTOGRAPHY SLIDESHOW, OUTDOOR WALKING GUIDE OF THE SCULPTURES ON THE ART CENTER GROUNDS, AND A THREE-PART VIDEO SERIES THAT ELEVATED ESSENTIAL WORKERS BY THANKING THEM AND LEARNING ABOUT THEIR WORK IN THIS FRAUGHT TIME AND THEN TAKING A FEW MOMENTS OF RESPITE TO PARTICIPATE IN A FUN CONVERSATION ABOUT ART WITH A MUSEUM EDUCATOR. FURTHERMORE, DOCENTS CREATED PRESENTATIONS THAT CAME TO BE CALLED "ART CALLS" THAT SERVED TO REACH QUARANTINED RESIDENTS OF SENIOR LIVING FACILITIES. ALSO OF NOTE, THIS PERIOD ENABLED US BOLSTER ONLINE RESOURCES FOR TEACHERS AND FAMILY LEARNING. NUMEROUS RECORDINGS WERE ADDED OUR AUDIO TOUR, 10 "CREATIVE CONNECTIONS" LESSON PLAN PACKAGES WERE DEVELOPED, AND AS A PIVOT FROM IN-PERSON TOURING, WE DEVELOPED A SERIES OF VIRTUAL VIEWING VIDEOS WITH OUR DOCENTS TO ENCOURAGE CAREFUL OBSERVATION AND OPENING-ENDED DIALOGUE ABOUT AT WORKS IN OUR COLLECTION. FURTHERMORE, WE DIGITIZED SOME IMPORTANT ARTIST AND SCHOLARLY LECTURES FROM PRIOR YEARS AND MADE THEM ACCESSIBLE ON OUR WEBSITE. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | WITH THE ONSET OF THE COVID-19 PANDEMIC IN MARCH OF 2020, THE ABILITY TO HOST IN-PERSON PROGRAMMING CAME TO AN ABRUPT HALT, BUT OF COURSE, THE NEED FOR ACCESS TO THE ARTS DID NOT WANE, IT WAS NEEDED MORE THAN EVER. CREATIVE PROBLEM SOLVING KICKED IN AND NEW VIRTUAL OPPORTUNITIES WERE DEVELOPED, AND OVER THE COURSE OF THE YEAR, THE ART ACCESS BRANCH OF COMMUNITY ENGAGEMENT WAS ABLE TO SERVE 28 COMMUNITY PARTNERS WITH A COMBINATION OF LIVE VIRTUAL SESSIONS AND RECORDED PROGRAMMING. OVER THE SUMMER MONTHS, SIX OF OUR PARTNERS WERE PROVIDED WITH ROUGHLY 500 "ART KITS AND INSTRUCTION WAS PROVIDED BY EITHER A ZOOM ART LESSON OR PRERECORDED VIDEO. IN SUM, 60 PROGRAMS, MANY OF WHICH WERE MULTIWEEK CLASSES, WERE REALIZED. WE CONTINUED SERVING 20 TEENS WITH WEEKLY SESSIONS OVER THE COURSE OF THE YEAR WHO WERE PARTICIPANTS IN OUR TEEN ACADEMY, AS WELL AS OFFERED VIRTUAL ART CLASSES FOR VETERANS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $4,660,907 | 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 | Yes (1) | 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 | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | 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 | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | 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 | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | 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 | 70 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 108 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| 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 | 26 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 26 | 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 | 0 | 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 | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BONNIE VALVERDE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5152774405 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4700 GRAND AVE | AddressLine1Txt |
| City | DES MOINES | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 50312 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (29 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| DARREN JIRSA | ||||||
| PRESIDENT | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JEFF CHUNGATH | ||||||
| VICE PRESIDENT | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ANDREA ABEL | ||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JOSEPH CERYANEC DEC 15 | ||||||
| FORMER TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| REENE MONTZ | ||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| GRAHAM COOK | ||||||
| CHAIRPERSON AND EX-OFFICIO | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JAMES WALLACE | ||||||
| FORMER CHAIRPERSON | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| RICK BALLINGER | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| PAMELA BASS-BOOKEY | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MARY CHAPMAN | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MICHELLE COWNIE | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| RICHARD DEMING | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JASON GROSS | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| KATE HIGHTSHOE | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ELLEN HUBBELL | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BRUCE HUGHES | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MARY KELLY | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DAN KEOUGH | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| TOM KOEHN | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| KYLE KRAUSE | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JOSHUA MANDELBAUM | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| PATIRCIA MCFARLAND | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ROSEMARY PARSON | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| WAYNE REAMES | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SHARON SIMMONS | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MIKE SIMONSON | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DOUGLAS A WEST | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JEFF FLEMING | ||||||
| DIRECTOR | 40.00 | Yes (X) | $264,281 | $0 | $18,500 | |
| CHERYL TUTTLE | ||||||
| DIRECTOR OF FINANCE AND OPERATIONS | 40.00 | Yes (X) | $142,949 | $0 | $7,913 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $407,230 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $26,413 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $170,555 | MembershipDuesAmt |
| Fundraising | $177,645 | FundraisingAmt |
| All Other Contributions | $1,363,764 | AllOtherContributionsAmt |
| Total Contributions | $1,711,964 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| STUDIO PROGRAMS | 611610 | $315,167 | $315,167 |
| SALES OF COMMISSIONED PRINTS | 900099 | $7,399 | $7,399 |
| SALES OF EXHIBITION CATALOGS | 900099 | $2,341 | $2,341 |
| REPRODUCTION & LOAN FEES | 900099 | $1,834 | $1,834 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $326,741 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,612,459 | TotalRevenueColumnAmt |
| Exclusion | $1,612,459 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $10,161 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $156,223 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$146,062 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$146,062 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$146,062 | UnrelatedBusinessRevenueAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,207,350 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,401,444 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$194,094 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$194,094 | TotalRevenueColumnAmt |
| Exclusion | -$194,094 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $177,645 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $36,494 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$36,494 | TotalRevenueColumnAmt |
| Exclusion | -$36,494 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $81,715 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $43,037 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $38,678 | TotalRevenueColumnAmt |
| Exclusion | $38,678 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INCOME FROM FUNDS HELD IN TRUST | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $1,821,953 | TotalRevenueColumnAmt |
| Exclusion | $1,821,953 | ExclusionAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $86,805 | TotalRevenueColumnAmt |
| Exclusion | $86,805 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,908,758 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,221,950 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $326,741 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$146,062 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,329,307 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $433,643 | TotalAmt |
| Program Services | $207,418 | ProgramServicesAmt |
| Management And General | $132,907 | ManagementAndGeneralAmt |
| Fundraising | $93,318 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,483,569 | TotalAmt |
| Program Services | $1,820,391 | ProgramServicesAmt |
| Management And General | $300,902 | ManagementAndGeneralAmt |
| Fundraising | $362,276 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,578 | TotalAmt |
| Program Services | $7,004 | ProgramServicesAmt |
| Management And General | $14,049 | ManagementAndGeneralAmt |
| Fundraising | $4,525 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $369,087 | TotalAmt |
| Program Services | $264,952 | ProgramServicesAmt |
| Management And General | $39,246 | ManagementAndGeneralAmt |
| Fundraising | $64,889 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $188,748 | TotalAmt |
| Program Services | $133,644 | ProgramServicesAmt |
| Management And General | $26,304 | ManagementAndGeneralAmt |
| Fundraising | $28,800 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,106 | TotalAmt |
| Management And General | $3,106 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,298 | TotalAmt |
| Management And General | $28,298 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $109,244 | TotalAmt |
| Program Services | $49,648 | ProgramServicesAmt |
| Management And General | $38,251 | ManagementAndGeneralAmt |
| Fundraising | $21,345 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $191,219 | TotalAmt |
| Program Services | $131,098 | ProgramServicesAmt |
| Management And General | $11 | ManagementAndGeneralAmt |
| Fundraising | $60,110 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $169,170 | TotalAmt |
| Program Services | $105,081 | ProgramServicesAmt |
| Management And General | $34,323 | ManagementAndGeneralAmt |
| Fundraising | $29,766 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $179,548 | TotalAmt |
| Program Services | $133,210 | ProgramServicesAmt |
| Management And General | $22,186 | ManagementAndGeneralAmt |
| Fundraising | $24,152 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $518,880 | TotalAmt |
| Program Services | $485,180 | ProgramServicesAmt |
| Management And General | $11,094 | ManagementAndGeneralAmt |
| Fundraising | $22,606 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,014 | TotalAmt |
| Program Services | $23,999 | ProgramServicesAmt |
| Management And General | $31,208 | ManagementAndGeneralAmt |
| Fundraising | $3,807 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $610,936 | TotalAmt |
| Program Services | $574,171 | ProgramServicesAmt |
| Management And General | $12,054 | ManagementAndGeneralAmt |
| Fundraising | $24,711 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $209,061 | TotalAmt |
| Program Services | $200,037 | ProgramServicesAmt |
| Management And General | $6,949 | ManagementAndGeneralAmt |
| Fundraising | $2,075 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|---|
| PACKING & SHIPPING | $201,370 | $201,370 | ||
| PURCHASED WORKS OF ART | $167,880 | $167,880 | ||
| PROGRAM SUPPLIES | $65,748 | $65,334 | $414 | |
| OTHER PROGRAM EXPENSES | $58,603 | $53,998 | $3,989 | $616 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,756 | TotalAmt |
| Program Services | $36,492 | ProgramServicesAmt |
| Management And General | $3,264 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,112,458 | TotalAmt |
| Program Services | $4,660,907 | ProgramServicesAmt |
| Management And General | $704,768 | ManagementAndGeneralAmt |
| Fundraising | $746,783 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $751,849 | BOYAmt |
| EOY | $2,231,406 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $78,401 | BOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $536,060 | BOYAmt |
| EOY | $30,837 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,250 | BOYAmt |
| EOY | $76,285 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $108,199 | BOYAmt |
| EOY | $113,540 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $185,531 | BOYAmt |
| EOY | $203,916 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $20,375,637 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $16,713,693 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,272,880 | BOYAmt |
| EOY | $3,661,944 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,144,092 | BOYAmt |
| EOY | $117,555,893 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,039,340 | BOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $124,117,602 | BOYAmt |
| EOY | $123,873,821 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $318,958 | BOYAmt |
| EOY | $240,959 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $183,750 | BOYAmt |
| EOY | $139,164 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $421,068 | BOYAmt |
| EOY | $1,112,383 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $923,776 | BOYAmt |
| EOY | $1,492,506 | 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 | $29,104,611 | BOYAmt |
| EOY | $31,016,685 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $94,089,215 | BOYAmt |
| EOY | $91,364,630 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $123,193,826 | BOYAmt |
| EOY | $122,381,315 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $124,117,602 | BOYAmt |
| EOY | $123,873,821 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$890,508 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| 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 | $4,631,896 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,851,388 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,965,146 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,035,480 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,711,964 | CurrentTaxYearAmt |
| Total | $17,195,874 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,631,896 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,851,388 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,965,146 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,035,480 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,711,964 | CurrentTaxYearAmt |
| Total | $17,195,874 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $3,125,333 | SubstantialContributorsTotAmt |
| Public Support Total170 | $14,070,541 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,958,567 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,881,057 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,450,115 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,693,132 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,612,459 | CurrentTaxYearAmt |
| Total | $12,595,330 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | -$151,559 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | -$120,317 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | -$183,265 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | -$172,254 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | -$68,065 | CurrentTaxYearAmt |
| Total | -$695,460 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $1,990,473 | CurrentTaxYearAmt |
| Total | $1,990,473 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $31,086,217 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $745,782 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.45260 | PublicSupportCY170Pct |
| Public Support PY170 | 0.48650 | 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 |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $58,495,244 | BeginningYearBalanceAmt |
| Contributions | $115,000 | ContributionsAmt |
| Investment Earnings Or Losses | $6,277,904 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,280,265 | OtherExpendituresAmt |
| End Year Balance | $62,607,883 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $50,079,303 | BeginningYearBalanceAmt |
| Contributions | $399,906 | ContributionsAmt |
| Investment Earnings Or Losses | $10,252,678 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,236,643 | OtherExpendituresAmt |
| End Year Balance | $58,495,244 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $54,137,022 | BeginningYearBalanceAmt |
| Contributions | $197,147 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,174,251 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,080,615 | OtherExpendituresAmt |
| End Year Balance | $50,079,303 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $47,900,015 | BeginningYearBalanceAmt |
| Contributions | $876,944 | ContributionsAmt |
| Investment Earnings Or Losses | $7,368,657 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,008,594 | OtherExpendituresAmt |
| End Year Balance | $54,137,022 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $44,356,122 | BeginningYearBalanceAmt |
| Contributions | $634,217 | ContributionsAmt |
| Investment Earnings Or Losses | $4,816,926 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,907,250 | OtherExpendituresAmt |
| End Year Balance | $47,900,015 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.38000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.37000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.25000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $19,074,343 | OtherCostOrOtherBasisAmt |
| Depreciation | $15,414,553 | DepreciationAmt |
| Book Value | $3,659,790 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,301,294 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,299,140 | DepreciationAmt |
| Book Value | $2,154 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $3,661,944 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED COMPENSATION | $478,883 |
| FORGIVABLE LOAN | $633,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,112,383 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $5,457,704 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $157,757 | OtherRevenueAmt |
| Revenue Not Reported | $157,757 | RevenueNotReportedAmt |
| Revenue Subtotal | $5,299,947 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $5,299,947 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $6,270,215 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $157,757 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $157,757 | ExpensesNotReportedAmt |
| Expenses Subtotal | $6,112,458 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $6,112,458 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: |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|
| PART V, LINE 4: | THE FOUNDATION'S ENDOWMENT CONSISTS OF SEVERAL INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES AND INCLUDES BOTH DONOR RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES (THE BOARD) TO FUNCTION AS ENDOWMENTS. AS REQUIRED BY GAAP, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR IMPOSED RESTRICTIONS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD 43,037. RENTAL EXPENSES 78,226. DIRECT FUNDRAISING EXPENSES 36,494. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD 43,037. RENTAL EXPENSES 78,226. DIRECT FUNDRAISING EXPENSES 36,494. |
| PART XII, LINE 2D | DIRECT COSTS NETTED AGAINST REVENUES, INCLUDING COST OF GOODS SOLD, SPECIAL EVENTS DIRECT EXPENSES, AND RENTAL EXPENSES. |
| PART XI, LINE 2D | DIRECT COSTS NETTED AGAINST REVENUES, INCLUDING COST OF GOODS SOLD, SPECIAL EVENTS DIRECT EXPENSES, AND RENTAL EXPENSES. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ISAACSON CONSULTING | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3660 GRAND AVENUE UNIT 540 | AddressLine1Txt |
| City | DES MOINES | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 50312 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $93,847 | GrossReceiptsAmt |
| Retained By Contractor | $37,997 | RetainedByContractorAmt |
| Net To Organization | $90,050 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $93,847 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $37,997 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $90,050 | TotalNetToOrganizationAmt |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GALA | Event1Nm |
| Gross Receipts Event1 | $177,645 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $177,645 | CharitableContriEvent1Amt |
| Other Direct Expenses Event1 | $36,494 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $177,645 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $177,645 | CharitableContributionsTotAmt |
| Oth Direct Expnss Total Events | $36,494 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $36,494 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$36,494 | NetIncomeSummaryAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JEFF FLEMING | ||||||||||||||
| DIRECTOR | $264,281 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18,500 | $0 | $282,781 | $0 | $0 | $0 |
| CHERYL TUTTLE | ||||||||||||||
| DIRECTOR OF FINANCE AND OPERATIONS | $142,949 | $0 | $0 | $0 | $0 | $0 | $7,913 | $0 | $0 | $0 | $150,862 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3 | THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS AND DETERMINES THE COMPENSATION OF THE DIRECTOR, WHICH IS VOTED ON AND APPROVED BY THE BOARD. THEY REVIEW ANY POTENTIAL CONFICTS OF INTEREST. THEY USE PRIMARILY THE AMERICAN ASSOCIATION OF MUSEUM DIRECTORS' (AAMD) SALARY COMPARISONS AS A GUIDE TO DETERMINE COMPARABLE COMPENSATION OF SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THIS REVIEW IS DOCUMENTED WITH WRITTEN NOTES REGARDING THE COMPENSATION AGREEMENT REACHED AFTER DISCUSSION BETWEEN THE EXECUTVE COMMITTEE (OR ITS REPRESENTATIVE, THE PRESIDENT OF THE BOARD OF TRUSTESS) AND THE DIRECTOR. |
| PART I, LINE 4B | THE FOUNDATION ENTERED INTO A 457(F) DEFERRED COMPENSATION PLAN WITH THE CURRENT DIRECTOR IN 2015. THE PLAN ALLOWED FOR THE DIRECTOR TO BE PAID AN AMOUNT OF $125,000 IF HE REMAINED CONTINUOUSLY EMPLOYED THROUGH DECEMBER 31, 2019. THE PAYOUT FROM THIS PLAN OCCURRED ON DECEMBER 31, 2019. THE FOUNDATION ENTERED INTO A 457(B) DEFERRED COMPENSATION PLAN WITH THE CURRENT DIRECTOR IN 2013 FOR THE PURPOSE OF CREATING A SUPPLEMENTAL RETIREMENT PLAN. EACH PLAN YEAR, THE FOUNDATION MAY DESIGNATE A CONTRIBUTION LIMITED TO THE CAP ON CONTRIBUTIONS UNDER SECTION 457 CATCH-UP LIMITATION. INTEREST IS CREDITED ON JANUARY 1 OF EACH PLAN YEAR CALCULATED BY MULTIPLYING THE ACCOUNT BALANCE AS OF DECEMBER 31 OF THE PRECEDING YEAR BY AN AVERAGE OF THE PREVIOUS FOUR QUARTER'S FIVE-YEAR TREASURY CONSTANT MATURITY RATE. THIS PLAN IS 100% VESTED AND WILL BE PAID IN A LUMP SUM IN THE CALENDAR YEAR FOLLOWING THE DIRECTOR'S SEVERANCE FROM EMPLOYMENT WITH THE FOUNDATION. AT DECEMBER 31, 2020 THE FOUNDATION HAS A LIABILITY OF $170,568 IN VESTED BENEFITS INCLUDED IN DEFERRED COMPENSATION LIABILITY. THE FOUNDATION ALSO HAS A NON-QUALIFIED PLAN WITH A FORMER DIRECTOR THAT IS BEING PAID OUT QUARTERLY. THIS PLAN HAD ASSETS AND LIABILITIES OF $308,314 AT DECEMBER 31, 2020. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | A DRAFT VERSION OF THE 990 THAT INCLUDES ALL SCHEDULES IS REVIEWED IN DETAIL BY THE DIRECTOR OF FINANCE AND OPERATIONS AND EXECUTIVE DIRECTOR OF THE ORGANIZATION. ONCE THE DRAFT 990 IS APPROVED IT IS THEN REVIEWED ELECTRONICALLY BY ALL MEMBERS OF THE BOARD PRIOR TO FILING THE RETURN. |
| FORM 990, PART VI, SECTION B, LINE 12C | YES, BORD OF TRUSTEES RECEIVE OUR CONFLICT OF INTEREST POLICY YEARLY AND ARE REQUIRED TO COMPLETE A COI QUESTIONNAIRE DISCLOSING ANY POTENTIAL CONFLICT THAT MIGHT HAVE SURGED DURING THE YEAR IN REVIEW. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS AND DETERMINES THE COMPENSATION OF THE DIRECTOR, WHICH IS VOTED ON AND APPROVED BY THE FULL BOARD. THEY REVIEW ANY POTENTIAL CONFLICTS OF INTEREST, OF WHICH THERE WERE NONE IN 2020. THEY USE PRIMARILY THE AMERICAN ASSOCIATION OF MUSEUM DIRECTORS' (AAMD) SALARY COMPARISONS AS A GUIDE TO DETERMINE COMPARABLE COMPENSATION OF SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THIS REVIEW IS DOCUMENTED WITH WRITTEN NOTES REGARDING THE COMPENSATION AGREEMENT REACHED AFTER DISCUSSION BETWEEN THE EXECUTIVE COMMITTEE (OR ITS REPRESENTATIVE, THE PRESIDENT OF THE BOARD OF TRUSTEES) AND THE DIRECTOR. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLIC OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990 PART XII, LINE 2C | THE PROCESS FOR SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. |
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