2022-11-15T12:24:30-06:00 2021-12-31 FORVIS LLP 1551 N WATERFRONT PKWY STE 300 WICHITA KS 672066601 990 2021-01-01 420680419 EDMUNDSON ART FOUNDATION INC % BONNIE VALVERDE EDMU 5152774405 4700 GRAND AVENUE DES MOINES IA 50312 BONNIE VALVERDE DIR OF FINANCE & OPS 5152774405 2022-11-15 true Bonnie Valverde 999009999 Shawnell Linot P01663908 3162652811 2022-11-15 2021 2022-09-23 18:48:47Z DES MOINES ART CENTER BONNIE VALVERDE 4700 GRAND AVENUE DES MOINES IA 50312 14873458 false X WWW.DESMOINESARTCENTER.ORG X 1946 IA Through its collections, exhibitions, and educational programming, the Des Moines Art Center provides opportunities for transformational art experiences. See schedule O. 27 27 128 27 -17463 0 1711964 9341366 326741 209137 1418365 3721343 1764880 1279407 5221950 14551253 0 0 0 0 3500625 3386830 0 80750 743869 2611833 3569987 6112458 7037567 -890508 7513686 123873821 165716069 1492506 853373 122381315 164862696 X THROUGH ITS COLLECTIONS, EXHIBITIONS, AND EDUCATIONAL PROGRAMMING, THE DES MOINES ART CENTER PROVIDES OPPORTUNITIES FOR TRANSFORMATIONAL ART EXPERIENCES. See Schedule O for Continuation. false false 3874719 0 0 Our exhibitions included major community-based projects as well as smaller, focused permanent collection shows. Black Stories, an exhibition co-curated by Des Moines artists Mitchell Squire and Jordan Weber, with the assistance and guidance of an advisory committee made up of 15 community leaders, connected the community to artwork by Black artists in the permanent collections and invited community members to participate by sharing their personal stories and experiences in response to the artworks. See Schedule O for continuation. 1308710 0 96506 The events of the last several years have upended many aspects of life for both individuals and institutions. While these disruptions created new challenges, they also allowed the Art Center to pause, take stock, and adapt our priorities and programs. As we've engaged with this work, one common theme has emerged: resilience. See Schedule O for continuation. 296250 0 194308 The Art Center's public and educational programs are committed to connecting people and art by offering opportunities for feeling, imagining, and 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. See Schedule O for continuation. 5479679 true true false false false false false true false true true false false true true false true false false false false false false true true false false false false true false false false false false false false false true false false false false false false false false true 66 0 true 128 true true true false false false false true true false false false false false false X 27 27 false false false false false false false true true false false true true true true true true true true false X BONNIE VALVERDE 5152710305 4700 GRAND AVENUE DES MOINES IA 50312 JEFF FLEMING EXECUTIVE DIRECTOR 40.0 0.0 X 296876 0 55300 CHERYL TUTTLE DIR OF FINANCE & OPS -end 6/21 40.0 0.0 X 85145 0 7577 BONNIE VALVERDE DIR OF FINANCE & OPS -beg 9/21 40.0 0.0 X 36000 0 0 DARREN JIRSA PRESIDENT 1.0 0.0 X X 0 0 0 JEFF CHUNGATH VICE PRESIDENT 1.0 0.0 X X 0 0 0 ANDREA ABEL TREASURER 1.0 0.0 X X 0 0 0 RENEE MONTZ TRUSTEE 1.0 0.0 X 0 0 0 GRAHAM COOK CHAIRPERSON AND EX-OFFICIO 1.0 0.0 X X 0 0 0 RICK BALLINGER TRUSTEE 1.0 0.0 X 0 0 0 PAMELA BASS-BOOKEY TRUSTEE 1.0 0.0 X 0 0 0 MARY CHAPMAN TRUSTEE 1.0 0.0 X 0 0 0 MICHELLE COWNIE TRUSTEE 1.0 0.0 X 0 0 0 RICHARD DEMING TRUSTEE 1.0 0.0 X 0 0 0 JASON GROSS TRUSTEE 1.0 0.0 X 0 0 0 KATE HIGHTSHOE TRUSTEE 1.0 0.0 X 0 0 0 ELLEN HUBBELL TRUSTEE 1.0 0.0 X 0 0 0 BRUCE HUGHES Trustee 1.0 0.0 X 0 0 0 MARY KELLY TRUSTEE 1.0 0.0 X 0 0 0 DAN KEOUGH TRUSTEE 1.0 0.0 X 0 0 0 TOM KOEHN TRUSTEE 1.0 0.0 X 0 0 0 KYLE KRAUSE TRUSTEE 1.0 0.0 X 0 0 0 JOSHUA MANDELBAUM TRUSTEE 1.0 0.0 X 0 0 0 PATRICIA MCFARLAND TRUSTEE 1.0 0.0 X 0 0 0 ROSEMARY PARSON TRUSTEE 1.0 0.0 X 0 0 0 WAYNE REAMES TRUSTEE 1.0 0.0 X 0 0 0 SHARON SIMMONS TRUSTEE 1.0 0.0 X 0 0 0 MIKE SIMONSON TRUSTEE 1.0 0.0 X 0 0 0 AMY ANDERSON TRUSTEE 1.0 0.0 X 0 0 0 VIRGINIA LAURIDSEN TRUSTEE 1.0 0.0 X 0 0 0 DOUG WEST TRUSTEE 1.0 0.0 X 0 0 0 418021 0 62877 1 false true false 0 443748 108155 664106 8125357 9341366 STUDIO PROGRAMS 611610 194243 194243 SALES OF COMMISSIONED PRINTS 900099 8470 8470 REPRODUCTION & LOAN FEES 900099 2110 2110 SALES OF EXHIBITION CATALOGS 900099 4314 4314 _ 209137 1167112 1167112 0 0 18742 98351 -79609 0 -79609 -17463 -62146 2554231 2554231 2554231 2554231 101020 108155 79794 21226 21226 0 0 0 211115 144060 67055 67055 INCOME FROM FUNDS HELD IN TRUST 900099 1255588 1255588 All Other Misc Revenue 15147 15147 15147 15147 1270735 14551253 276192 -17463 4951158 0 0 0 0 480898 429382 38176 13340 0 2363067 1536269 453924 372874 43209 25814 8477 8918 309344 202036 48771 58537 190312 138378 25398 26536 0 3888 3888 47953 47953 0 80750 80750 0 157650 100693 56957 0 191061 153060 85 37916 157460 102871 37082 17507 195470 176575 18826 69 0 543855 533494 616 9745 25824 22711 1749 1364 0 0 5606 1850 1906 1850 0 494661 445194 12367 37100 212696 155478 54607 2611 PACKING & SHIPPING 125438 125438 PURCHASED WORKS OF ART 1079855 1079855 PROGRAM SUPPLIES 76766 72426 4340 _ 0 251804 178155 3237 70412 7037567 5479679 814019 743869 2231406 4297479 0 0 30837 3686629 76285 83167 0 0 0 0 0 0 113540 52946 203916 143036 20636667 17208554 3661944 3428113 117555893 72807997 0 0 0 0 0 0 0 81216702 123873821 165716069 240959 264693 0 0 139164 234880 0 0 0 0 0 0 0 0 0 0 1112383 353800 1492506 853373 X 31016685 34555321 91364630 130307375 122381315 164862696 123873821 165716069 7513686 34967695 X false true X true false X 2851388 3965346 4035480 1711964 9259689 21823867 0 0 2851388 3965346 4035480 1711964 9259689 21823867 1251696 20572171 2881057 3450115 1693132 1612459 1167112 10803875 0 108360 2008632 1908758 1270736 5296486 37924228 0.54246 0.45260 X 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X false 62607883 256064 9719426 2402787 70180586 58495244 115000 6277904 2280265 62607883 50079303 399906 10252678 2236643 58495244 54137022 197147 -2174251 2080615 50079303 47900015 876944 7368657 2008594 54137022 0.38000 0.33000 0.29000 true false 19308593 15931071 3377522 1328074 1277483 50591 3428113 BENEFICIAL INTEREST IN TRUSTS 81138765 OTHER ASSET 77937 81216702 0 DEFERRED COMPENSATION 353800 353800 49841153 34967695 322205 35289900 14551253 14551253 7359772 322205 322205 7037567 7037567 SCHEDULE D, PART III, LINE 1A NOTE 1 WORKS OF ARTS SCHEDULE D, PART III, LINE 4 The mission of the Foundation is to engage diverse local and international audiences with the art of today and to add scholarship to the cultural record. To do so, the Foundation collects works of art in all media from the 19th, 20th, and 21st centuries and provides a setting for public engagement. It focuses on acquiring a seminal work by a significant artist to represent that artist's contributions to the art of our time. The permanent collections comprise over 6,000 works of art, including 3,500 artworks on paper spanning seven centuries. Highlights of the collections include exemplary artworks by Francis Bacon, Alberto Giacometti, Edward Hopper, John Singer Sargent, Cecily Brown, Ai WeiWei, and El Anatsui, among many others. The Foundation stores the objects in its collection in secure, climate-controlled storage areas and maintains policies and procedures addressing the collections upkeep, as well as other aspects of its management, including accession and deaccession policies. SCHEDULE D, PART V, LINE 4 FUNDS FROM THIS ENDOWMENT IS USED FOR THE PURCHASE OF WORKS OF ART. Schedule D, Part XI, Line 2D Cost of Goods Sold $144,060 Rental Expenses 98,351 Direct Fundraising Expenses 79,794 _________________________________ $322,205 Schedule D, Part XII, Line 2D Cost of Goods Sold $144,060 Rental Expenses 98,351 Direct Fundraising Expenses 79,794 _________________________________ $322,205 X X X X X X X true ISSACSON-SYVERSON CONSULTING LLC 2130 GRAND AVENUE STE 1 DES MOINES IA 50312 false 80750 80750 IA GALA 2021 209175 108155 101020 47203 2540 30051 0 209175 108155 101020 47203 2540 30051 79794 21226 X X X false true false false false false false false false JEFF FLEMING EXECUTIVE DIRECTOR 268522 0 3000 0 25354 0 32550 0 22750 0 352176 0 0 0 Schedule J, 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 MATURITY RATE. THIS PLAN IS 100% VESTED AND WILL BE PAID IN A LUMP SUM IN THE CALENDAR YEAR FOLLOWING THE DIRECTORS SEVERANCE FROM EMPLOYMENT WITH THE FOUNDATION. AT DECEMBER 31, 2021 THE FOUNDATION HAS A LIABILITY OF $196,930 IN VESTED BENEFITS INCLUDED IN THE 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 $156,870 AT DECEMBER 31, 2021. X 2 0 false true false SCHEDULE M, PART I, COLUMN B THE NUMBER INCLUDED IN COLUMN B IS THE NUMBER OF ITEMS RECEIVED. SCHEDULE M, PART I, LINE 1, COLUMN C The organization did not capitalize the art received, as allowed under Financial Accounting Standards Board Accounting Standards Codification 958-360-25. FORM 990, PART I, LINE 1 Using art as the catalyst and with a commitment to inclusivity, the Art Center builds experiences, fosters relationships, and stimulates creative, critical, and empathetic thinking. THE MISSION OF THE FOUNDATION IS TO ENGAGE DIVERSE LOCAL AND INTERNATIONAL AUDIENCES WITH THE ART OF TODAY AND TO ADD SCHOLARSHIP TO THE CULTURAL RECORD. TO DO SO, THE FOUNDATION COLLECTS WORKS OF ART IN ALL MEDIA FROM THE 19TH, 20TH, AND 21ST CENTURIES AND PROVIDES A SETTING FOR PUBLIC ENGAGEMENT. IT FOCUSES ON ACQUIRING A SEMINAL WORK BY A SIGNIFICANT ARTIST TO REPRESENT THAT ARTIST'S CONTRIBUTIONS TO THE ART OF OUR TIME. THE PERMANENT COLLECTIONS COMPRISE OVER 5,700 WORKS OF ART, INCLUDING 3,500 ARE WORKS ON PAPER SPANNING SEVEN CENTURIES. HIGHLIGHTS OF THE COLLECTIONS INCLUDE EXEMPLARY ARTWORKS BY FRANCIS BACON, ALBERTO GIACOMETTI, EDWARD HOPPER, JOHN SINGER SARGENT, CECILY BROWN, AI WEIWei, AND EL ANATSUI, AMONG MANY OTHERS. THE FOUNDATION STORES THE OBJECTS IN ITS COLLECTION IN SECURE, CLIMATE CONTROLLED STORAGE AREAS AND MAINTAINS POLICIES AND PROCEDURES ADDRESSING THE COLLECTIONS UPKEEP, AS WELL AS OTHER ASPECTS OF ITS MANAGEMENT, INCLUDING ACCESSION AND DEACCESSION POLICIES. IN ADDITION, THE FOUNDATION PRESENTS APPROXIMATELY 12 EXHIBITIONS A YEAR WITH OBJECTS FROM ITS PERMANENT COLLECTIONS AS WELL AS WITH ARTWORKS ON LOAN. THESE INCLUDE ONE-PERSON OR THEMATIC PROJECTS THAT ARE OFTEN ACCOMPANIED BY SCHOLARLY PUBLICATIONS THAT PLACE THE ART AND THE ARTISTS WITHIN THE DIALOGUES SURROUNDING THE ART OF OUR TIME. EXHIBITION PROJECTS REGULARLY TRAVEL TO OTHER MUSEUMS ACROSS THE COUNTRY. FORM 990, PART III, LINE 1 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. FORM 990, PART III, LINE 4A These stories were published in an illustrated book after the exhibition closed in early 2021. Main gallery exhibitions in 2021 included Justin Favela: Central American, which transformed the Anna K. Meredith Gallery into an exuberant paper mural that reinterpreted artworks in the permanent collections by Grant Wood, Walt Kuhn, and Winslow Homer, as well as Iowa's taco pizza. The Path to Paradise: Judith Schaechter's Stained-Glass Art, showcased her extraordinary stained glass works. Permanent collection exhibitions included Goya Returns; Oldenburg: Giants, Miniatures, and Desserts; and Manos. We also presented the Iowa Artists 2021 exhibition with Olivia Valentine. The Art Center accessioned 127 artworks into the permanent collections through gifts and purchases this year, including paintings, drawings, prints, sculpture, and photographs by established masters as well as younger artists. Ninety-two percent of our purchases in 2021 were works by Black, Latinx, Indigenous, women, or Queer artists, supporting our mission to expand opportunities for diverse audiences to see themselves reflected within the museum. FORM 990, PART III, LINE 4B The Art Center's new and adapted programs and activities supplied a sense of fun in exhibitions, provided space for reflection and exploration, and offered new opportunities to connect with each other. The Art Center is thankful for the 111,922 individuals and families who connected with and supported us in 2021 by visiting the museum and John and Mary Pappajohn Sculpture Park, attending studio classes, and participating in transformational art experiences. ARTFUL LOOKING LIVE Artful Looking Live was an interactive experience developed in 2021 as an alternative to in-person school tours for fourth-grade students. The program promoted dialogue and active group meaning making and encouraged students to practice creative and critical thinking while looking closely at art together. Each experience was structured to increase student capacity to evaluate art and contributed to social emotional curricula as the students learned about one another by listening to their classmates talk about art. In the winter and spring of 2021, more than 1,100 students participated in the program. CREATIVITY DAYS Creativity Days offered dynamic and engaging art experiences designed especially for elementary students. Students built visual literacy skills by thoughtfully discussing artwork in the galleries, creating original artwork, and participating in creative movement, all under the guidance of teaching artists and museum docents. During 2021, 219 students-most from rural schools-benefited from this program. ART CALLS Art Calls is a free well-being program offered to senior members of the community who may be experiencing an unusually isolating time. 904 seniors participated in the program in 2021. Art Calls featured artwork from the Des Moines Art Center and the Pappajohn Sculpture Park and engaged participants in looking, feeling, wondering, and talking about art with each other and an Art Center docent. BEING WITH ART This 20-minute guided audio program was created in late 2021 and designed to lead visitors through a peaceful, inspiring, and mindful gallery visit. By listening and following the gentle prompts provided, visitors see the artwork in new ways by learning how to follow the responses of body, mind, and breath to focus within the present moment. FREE LITTLE ART GALLERY The Free Little Art Gallery (FLAG) is a concept grown from the Little Free Library movement that invites communities to create and share small works of art with one another. The Art Center's FLAG is located outside of the museum just east of the Education Wing. This new addition to the museum is an interactive way to provide free access to art beyond the museum walls. In-person public programs resumed in the summer with safety precautions in place. Many of these programs revolved around the exhibition Justin Favela: Central American. Artist Justin Favela participated in much of the programming and provided personal connections that made the exhibition an unabashedly joyful and meaningful tribute to both the Art Center's curatorial goals and the tireless work of the artist, our staff, and volunteers in the face of change and roadblocks. FAMILY FIESTA During his exhibition, Justin Favela hosted "Family Fiesta," an outdoor celebration with family-friendly activities including paper plant and flower making, Lotera (a game of chance), piatas, and a custom low rider show. Food and beverage were provided by metro Central American restaurants; music from a local DJ enhanced the celebratory mood of the event. The event drew more than 500 participants, including several members of Favela's own family. EXPANDED HOURS & ART CENTER+ A major focus of the Art Center's diversity, equity, and inclusion efforts is to provide additional access points, partnering opportunities, and experiences for the community. Starting November 2021, the Art Center was able to expand Friday evening hours from 4 pm to 7 pm thanks to a generous grant from the Principal Foundation. To bring awareness to additional museum hours, the Art Center offered special activities as part of a Friday evening series called Art Center+. Programming including free portrait photography in front of the Justin Favela: Central American exhibition mural, pop-up crafts and goods from local businesses, musical performances by the Gay Men's Chorus and pianist Sophia S. Ahmad, and guided tours by Art Center staff engaged Friday evening visitors. The Des Moines Art Center is proud to provide a wide variety of opportunities to participate in viewing and making art. The Art Center offers three branches of educational programming: 1) museum education that provides experiences with the collection and exhibitions through interaction and dialogue with educators, volunteers, artists, and scholars; 2) studio education that encompasses all types of art "making" through both tuition-based art classes and free art programming with collaborating organizations; and 3) community art outreach, free programming centered around the needs and desires of community partners that aims to meet people where they are and build confidence through creative expression. Education programs are designed to support age-specific learning goals and stimulate engagement and curiosity. Opportunities are available for youth, adults, and families. FORM 990, PART III, LINE 4C 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. The art center's studio education program encompasses all types of art "making" through both tuition-based art classes and free art programming through collaborating organizations. FORM 990, PART VI, SECTION B, LINE 11B An independent accounting firm prepares and reviews the form 990. The form 990 is then reviewed by the finance committee of the board. The finance committee and the director of finance and operations review the form 990 with the full board. the director of finance and operations is available to answer any questions or provide clarification. The final form 990, with all required schedules, is provided to all voting members of the board prior to filing the 990. FORM 990, PART VI, SECTION B, LINE 12C The board of directors and officers annually review and sign the organization's conflict of interest policy. Actual or potential conflicts of interest must be disclosed to the board. If there is a conflict of interest the Board member abstains from voting. There were no conflicts of interest in 2021. FORM 990, PART VI, SECTION B, LINE 15A 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 use primarily the american association of museum directors' (AAMD) salary comparisons as a guide to determine 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 B, LINE 15B In 2021, an independent organization, the newport group, was contracted to complete a compensation study for all positions of the organization. FORM 990, PART VI, SECTION C, LINE 19 The Foundation's governing documents, conflict of interest policy, and financial statements are available to the public upon request.