ASPEN ART MUSEUM: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- ASPEN ART MUSEUM (EIN 84-0746671)
- Tax period
- 2023-10-01 to 2024-09-30
- Filed
- 2025-07-30
- IRS object ID
- 202532119349301018
- Schema version
- 2023v6.0
- 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 G
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-07-30T09:09:14-05:00 | ReturnTs |
| Tax Period End | 2024-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 840803727 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | REESE HENRY & COMPANY INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 E MAIN ST STE 2 | AddressLine1Txt |
| City | ASPEN | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 81611 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 840746671 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ASPEN ART MUSEUM | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ASPE | BusinessNameControlTxt |
| Phone | 9709258050 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 637 E HYMAN AVE | AddressLine1Txt |
| City | ASPEN | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 81611 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MELONY LEWIS | PersonNm |
| Person Title | BOARD MEMBER | PersonTitleTxt |
| Phone | 9709258050 | PhoneNum |
| Signature | 2025-07-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| 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 | MARK S KAVASCH CPA | PreparerPersonNm |
| PTIN | P00107511 | PTIN |
| Phone | 9709253771 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MELONY LEWIS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 637 E HYMAN AVE | AddressLine1Txt |
| City | ASPEN | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 81611 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $20,640,288 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.ASPENARTMUSEUM.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1977 | FormationYr |
| Legal Domicile State | CO | LegalDomicileStateCd |
| Activity Or Mission | PRESENTING THE NEWEST, MOST IMPORTANT EVOLUTIONS IN INTERNATIONAL, CONTEMPORARY ART | ActivityOrMissionDesc |
| Voting Members Governing Body | 24 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 24 | VotingMembersIndependentCnt |
| Total Employee | 101 | TotalEmployeeCnt |
| Total Volunteers | 24 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $9,556,110 | PYContributionsGrantsAmt |
| CY Contributions Grants | $13,659,273 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $56,101 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $20,940 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,105 | PYInvestmentIncomeAmt |
| CY Investment Income | $5,263 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,526,350 | PYOtherRevenueAmt |
| CY Other Revenue | $3,295,798 | CYOtherRevenueAmt |
| PY Total Revenue | $11,140,666 | PYTotalRevenueAmt |
| CY Total Revenue | $16,981,274 | 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 | $4,685,638 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $4,680,446 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,399,811 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $6,448,054 | PYOtherExpensesAmt |
| CY Other Expenses | $6,930,570 | CYOtherExpensesAmt |
| PY Total Expenses | $11,133,692 | PYTotalExpensesAmt |
| CY Total Expenses | $11,611,016 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $6,974 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $5,370,258 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $42,038,641 | TotalAssetsBOYAmt |
| Total Assets EOY | $47,705,002 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,803,891 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,076,607 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $39,234,750 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $44,628,395 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE ASPEN ART MUSEUM IS A NON-COLLECTING INSTITUTION PRESENTING THE NEWEST, MOST IMPORTANT EVOLUTIONS IN INTERNATIONAL, CONTEMPORARY ART. ITS INNOVATIVE AND TIMELY EXHIBITIONS, EDUCATION AND PUBLIC PROGRAMS, IMMERSIVE ACTIVITIES, AND COMMUNITY HAPPENINGS ACTIVELY ENGAGE AUDIENCES IN THOUGHT PROVOKING EXPERIENCES OF ART, CULTURE, AND SOCIETY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $5,258,347 | ExpenseAmt |
| Desc | THE PRIMARY GOAL OF THE ASPEN ART MUSEUM (AAM) IS TO BE A COMMUNITY RESOURCE FOR THE APPRECIATION, EDUCATION, AND DISCUSSION OF CONTEMPORARY ART. AAM EXHIBITIONS CAN BE SUMMARIZED AS FALLING INTO THREE GENERAL CATEGORIES: FIRST-TIME U.S. MUSEUM EXHIBITIONS BY SIGNIFICANT EMERGING CONTEMPORARY ARTISTS FROM AROUND THE GLOBE; SOLO EXHIBITIONS BY IMPORTANT OR ESTABLISHED CONTEMPORARY ARTISTS THAT FOCUS ON NEW, UNRECOGNIZED, OR UNDERAPPRECIATED ASPECTS OF THEIR WORK; GROUP EXHIBITIONS CURATED TO ADDRESS PRESCIENT OR TOPICAL CONTEMPORARY CULTURAL, SOCIAL, OR POLITICAL SUBJECT MATTER, OR OTHERWISE CORRESPONDING TO AN ORGANIZING CURATORIAL THEME. THE AAM IS COMMITTED TO PROVIDING EXHIBITION AND EDUCATIONAL PROGRAMMING ON A YEAR-ROUND BASIS FOR VISITORS TO THE ROARING FORK VALLEY AND SURROUNDING COLORADO COMMUNITIES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,428,520 | ExpenseAmt |
| Revenue | $20,940 | RevenueAmt |
| Desc | THE AAM STRIVES TO MAKE CONTEMPORARY ART MEANINGFUL TO A WIDE ARRAY OF AUDIENCES THROUGH INTERPRETIVE PROJECTS AND DIVERSE, COMMUNITY-BASED PROGRAMMING. THESE OBJECT-BASED LEARNING OPPORTUNITIES ARE DESIGNED TO ENGAGE AUDIENCES IN THOUGHT-PROVOKING EXPERIENCES OF ART, CULTURE, AND SOCIETY, THUS REFLECTING OUR INSTITUTIONAL MISSION. PROGRAMS OCCUR BOTH IN THE MUSEUM AND THROUGHOUT THE COMMUNITY, AND PROVIDE THE OPPORTUNITY FOR AUDIENCES TO SEE AND RESPOND TO CONTEMPORARY ART THROUGH HANDS-ON WORKSHOPS, GALLERY TALKS, AND TOURS, LECTURES, AND INNOVATIVE ACTIVITIES RELATED TO CURRENT EXHIBITIONS. IN THE 2023-2024 FISCAL YEAR, THE AAM SERVED 2,561 STUDENTS AND TEACHERS THROUGH SCHOOL TOURS AND CLASSROOM VISITS, YOUTH, FAMILY, AND TEEN PROGRAMS, COMMUNITY PROGRAMS, AND TOURS. THE MUSEUM REACHED A TOTAL OF 53,926 PEOPLE IN FISCAL YEAR 2024. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,542,405 | ExpenseAmt |
| Revenue | $189,439 | RevenueAmt |
| Desc | AUXILIARY SERVICES INCLUDING THE MUSEUM SHOP AND CAFE. THE MUSEUM SHOP OFFERS A VARIETY OF CONTEMPORARY ART BOOKS, FOCUSING ON CONTEMPORARY ARTISTS, GROUP EXHIBITIONS AT OTHER RENOWNED INSTITUTIONS, AND ART HISTORY PUBLICATIONS. ADDITIONALLY, THE SHOP OFFERS CHILDREN'S BOOKS, CREATIVE ACTIVITIES, AND THOUGHTFULLY CURATED GIFT ITEMS RELATED TO CURRENT EXHIBITIONS, WHICH ENGAGE AUDIENCES IN THOUGHT PROVOKING EXPERIENCES OF ART, CULTURE, AND SOCIETY. THE ROOFTOP CAFE, WITH A SCENIC VIEW OF ASPEN MOUNTAIN, PROVIDES A UNIQUE DINING EXPERIENCE WITH FARM-TO-FORK MENU OPTIONS AS WELL AS AN OUTDOOR LOUNGE, AS A CONVENIENCE FOR VISITORS TO THE MUSEUM. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $8,229,272 | 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 | 0 | 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 | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | 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 | 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 | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| 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 | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 3 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 101 | 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 | 24 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 24 | 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 | 0 | 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 | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9709258050 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 637 E HYMAN AVE | AddressLine1Txt |
| City | ASPEN | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 81611 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt |
|---|---|---|---|---|---|---|---|
| JOHN PHELAN | |||||||
| TRUSTEE | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| AMNON RODAN | |||||||
| PRESIDENT | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | 4.00 |
| JAMIE TISCH | |||||||
| VICE PRESIDENT | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MARCY EDELSTEIN | |||||||
| SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MELONY LEWIS | |||||||
| TRUSTEE | 4.00 | Yes (X) | $0 | $0 | $0 | 2.00 | |
| MARY ZLOT | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| SARAH ARISON | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| BARBARA BLUHM-KAUL | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRIS BROWN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JANET CROWN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DOMENICO DE SOLE | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| BRUCE ETKIN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JOE FELSON | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | 2.00 | |
| CHRISTY FERER | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID GANEK | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| STEVE HANSEN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| NANCY MAGOON | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| SASHA BASS | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| PAUL PARISER | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| NANCY ROGERS | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| GAYLE STOFFEL | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ALLISON ROSE | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| SUSAN MARX | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| NICOLA LEES | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| NICOLA LEES | |||||||
| CHIEF EXECUTIVE OFFICER/DI | 60.00 | Yes (X) | $671,952 | $0 | $16,875 | 2.00 | |
| JACLYN CARR | |||||||
| CHIEF DEVELOPMENT OFFICER | 50.00 | Yes (X) | $193,310 | $0 | $10,740 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $865,262 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $27,615 | 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 |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CROZIER FINE ARTS INC | |||||
| PO BOX 21089 | NEW YORK | NY | 10087 | ART SHIPPING | $511,386 |
| ECLECTIC HIVE EVENT DESIGN | |||||
| 999 TEJON STREET | DENVER | CO | 80204 | ARTCRUSH EVENT DESIGN & CONSULTING | $416,130 |
| LIAISONS CORPORATION | |||||
| 8701 COLLINS AVENUE 404 | MIAMI BEACH | FL | 33154 | EVENT REGISTRATIONS | $306,420 |
| DIA CENTER FOR THE ARTS | |||||
| 535 WEST 22ND STREET 4TH FL | NEW YORK | NY | 10011 | ART CRATING & INSTALLATION | $289,956 |
| ASPEN SKIING COMPANY LLC | |||||
| PO BOX 1248 | ASPEN | CO | 81612 | CATERING & EVENT SPACE PROVIDER | $287,147 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 21 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $282,602 | MembershipDuesAmt |
| Fundraising | $1,205,901 | FundraisingAmt |
| Related Organizations | $2,612,172 | RelatedOrganizationsAmt |
| All Other Contributions | $9,558,598 | AllOtherContributionsAmt |
| Total Contributions | $13,659,273 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADMISSIONS & TUITION | Desc |
| Business | 713990 | BusinessCd |
| Total Revenue Column | $20,940 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $20,940 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $20,940 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,263 | TotalRevenueColumnAmt |
| Exclusion | $5,263 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $283,815 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $37,813 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $246,002 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $246,002 | TotalRevenueColumnAmt |
| Exclusion | $246,002 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $6,278,297 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $1,205,901 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $3,417,940 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,860,357 | TotalRevenueColumnAmt |
| Exclusion | $2,860,357 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $392,700 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $203,261 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $189,439 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $189,439 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $16,981,274 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $210,379 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,111,622 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $602,951 | TotalAmt |
| Program Services | $401,253 | ProgramServicesAmt |
| Management And General | $72,955 | ManagementAndGeneralAmt |
| Fundraising | $128,743 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,287,246 | TotalAmt |
| Program Services | $2,549,508 | ProgramServicesAmt |
| Management And General | $277,851 | ManagementAndGeneralAmt |
| Fundraising | $459,887 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $492,759 | TotalAmt |
| Program Services | $340,885 | ProgramServicesAmt |
| Management And General | $28,352 | ManagementAndGeneralAmt |
| Fundraising | $123,522 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $297,490 | TotalAmt |
| Program Services | $208,908 | ProgramServicesAmt |
| Management And General | $22,479 | ManagementAndGeneralAmt |
| Fundraising | $66,103 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,858,272 | TotalAmt |
| Program Services | $1,038,476 | ProgramServicesAmt |
| Management And General | $701,240 | ManagementAndGeneralAmt |
| Fundraising | $118,556 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,971 | TotalAmt |
| Program Services | $5,882 | ProgramServicesAmt |
| Management And General | $44,089 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,227 | TotalAmt |
| Program Services | $1,021 | ProgramServicesAmt |
| Management And General | $2,471 | ManagementAndGeneralAmt |
| Fundraising | $1,735 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $466,226 | TotalAmt |
| Program Services | $343,035 | ProgramServicesAmt |
| Management And General | $41,259 | ManagementAndGeneralAmt |
| Fundraising | $81,932 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $672,944 | TotalAmt |
| Program Services | $345,219 | ProgramServicesAmt |
| Management And General | $168,498 | ManagementAndGeneralAmt |
| Fundraising | $159,227 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $132,332 | TotalAmt |
| Program Services | $99,249 | ProgramServicesAmt |
| Management And General | $13,233 | ManagementAndGeneralAmt |
| Fundraising | $19,850 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,114,613 | TotalAmt |
| Program Services | $835,960 | ProgramServicesAmt |
| Management And General | $111,461 | ManagementAndGeneralAmt |
| Fundraising | $167,192 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| SHIPPING, CRATING AND S | $1,122,914 | $1,105,880 | $1,027 | $16,007 |
| EXHIBIT INSTALLATION RE | $606,598 | $568,845 | $20,371 | $17,382 |
| BUILDING AND EQUIPMENT | $423,829 | $306,498 | $56,898 | $60,433 |
| LOSS ON SALE OF WORKS O | $312,030 | $312,030 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $165,614 | TotalAmt |
| Program Services | $78,653 | ProgramServicesAmt |
| Management And General | $107,719 | ManagementAndGeneralAmt |
| Fundraising | -$20,758 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,611,016 | TotalAmt |
| Program Services | $8,229,272 | ProgramServicesAmt |
| Management And General | $1,981,933 | ManagementAndGeneralAmt |
| Fundraising | $1,399,811 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$2 | BOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,037,906 | BOYAmt |
| EOY | $2,476,822 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $215,895 | BOYAmt |
| EOY | $6,730,753 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $742,834 | BOYAmt |
| EOY | $1,822,700 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $378,713 | BOYAmt |
| EOY | $362,110 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $175,003 | BOYAmt |
| EOY | $118,189 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $45,610,295 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $10,381,023 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,154,209 | BOYAmt |
| EOY | $35,229,272 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,334,083 | BOYAmt |
| EOY | $965,156 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,038,641 | BOYAmt |
| EOY | $47,705,002 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $505,329 | BOYAmt |
| EOY | $1,008,679 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $246,332 | BOYAmt |
| EOY | $82,359 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,962,324 | BOYAmt |
| EOY | $1,912,164 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $89,906 | BOYAmt |
| EOY | $73,405 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,803,891 | BOYAmt |
| EOY | $3,076,607 | 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 | $39,096,750 | BOYAmt |
| EOY | $36,991,187 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $138,000 | BOYAmt |
| EOY | $7,637,208 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,234,750 | BOYAmt |
| EOY | $44,628,395 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,038,641 | BOYAmt |
| EOY | $47,705,002 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $5,370,258 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $23,387 | OtherChangesInNetAssetsAmt |
| 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) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| 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 | $5,684,668 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,901,272 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,264,420 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,556,110 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,659,273 | CurrentTaxYearAmt |
| Total | $49,065,743 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,684,668 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,901,272 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,264,420 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,556,110 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,659,273 | CurrentTaxYearAmt |
| Total | $49,065,743 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $8,471,114 | SubstantialContributorsTotAmt |
| Public Support Total170 | $40,594,629 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $134,619 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $449,278 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $323,088 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $460,299 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $289,078 | CurrentTaxYearAmt |
| Total | $1,656,362 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $50,722,105 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $2,109,196 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.80030 | PublicSupportCY170Pct |
| Public Support PY170 | 0.75740 | 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
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $36,266,963 | BeginningYearBalanceAmt |
| Contributions | $1,073,216 | ContributionsAmt |
| Investment Earnings Or Losses | $7,088,721 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,647,109 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,263,062 | OtherExpendituresAmt |
| End Year Balance | $41,518,729 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $33,699,250 | BeginningYearBalanceAmt |
| Contributions | $982,807 | ContributionsAmt |
| Investment Earnings Or Losses | $3,212,906 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,628,000 | GrantsOrScholarshipsAmt |
| End Year Balance | $36,266,963 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $39,767,568 | BeginningYearBalanceAmt |
| Contributions | $327,470 | ContributionsAmt |
| Investment Earnings Or Losses | -$4,829,963 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,595,825 | GrantsOrScholarshipsAmt |
| End Year Balance | $33,699,250 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $34,326,737 | BeginningYearBalanceAmt |
| Contributions | $2,858,660 | ContributionsAmt |
| Investment Earnings Or Losses | $3,852,171 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,240,000 | GrantsOrScholarshipsAmt |
| End Year Balance | $39,797,568 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $32,742,495 | BeginningYearBalanceAmt |
| Contributions | $459,532 | ContributionsAmt |
| Investment Earnings Or Losses | $2,339,710 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,215,000 | GrantsOrScholarshipsAmt |
| End Year Balance | $34,326,737 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00050 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.88300 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.11650 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | Yes (1) | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | Yes (1) | RelatedOrgListSchRInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,153,965 | OtherCostOrOtherBasisAmt |
| Book Value | $7,153,965 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $37,613,750 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,678,480 | DepreciationAmt |
| Book Value | $27,935,270 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $842,580 | OtherCostOrOtherBasisAmt |
| Depreciation | $702,543 | DepreciationAmt |
| Book Value | $140,037 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $35,229,272 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OPERATING LEASE LIABILITY | Desc |
| Amt | $73,405 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $73,405 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $17,042,474 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $23,387 | OtherRevenueAmt |
| Revenue Not Reported | $23,387 | RevenueNotReportedAmt |
| Revenue Subtotal | $17,019,087 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$37,813 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$37,813 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $16,981,274 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $11,648,829 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $37,813 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $37,813 | ExpensesNotReportedAmt |
| Expenses Subtotal | $11,611,016 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $11,611,016 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE ENDOWMENT CONSISTS OF INDIVIDUAL FUNDS ESTABLISHED BY DONORS TO PROVIDE ANNUAL FUNDING FOR SPECIFIC ACTIVITIES AND GENERAL OPERATIONS OF ASPEN ART MUSEUM. ENDOWMENT FUND EARNINGS ARE EITHER RESTRICTED OR UNRESTRICTED BASED ON THE DONOR'S REQUEST. RESTRICTED FUNDS INCLUDE EXHIBITION COSTS, LECTURE SERIES, VISITING ARTISTS, DIRECTOR COSTS, LATIN AMERICAN ART OUTREACH, ROOF DECK EXHIBITION COSTS, AND PUBLICATIONS. THE UNRESTRICTED ENDOWMENT FUND ALLOWS FOR EARNINGS TO BE USED FOR GENERAL MUSEUM PURPOSES. |
| PART X, LINE 2: | ASPEN ART MUSEUM AND ASPEN ART MUSEUM FOUNDATION ARE ORGANIZED AS COLORADO NONPROFIT CORPORATIONS AND HAVE BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3), QUALIFY FOR THE CHARITABLE CONTRIBUTION DEDUCTION, AND HAVE BEEN DETERMINED NOT TO BE PRIVATE FOUNDATIONS. EACH ENTITY IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. AS A WHOLLY OWNED SUBSIDIARY OF THE FOUNDATION, 81611 PROPERTIES WAS ESTABLISHED SOLELY FOR THE PURPOSE OF OWNING AND HOLDING EMPLOYEE HOUSING PROPERTIES IN ACCORDANCE WITH THE ASPEN/PITKIN COUNTY HOUSING AUTHORITY AND IS INCLUDED IN THE FOUNDATION'S FORM 990. THE ENTITIES ARE SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSES. EACH ENTITY HAS DETERMINED IT IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | GAIN ON INCREASE OF CASH SURRENDER VALUE OF LIFE INSURANCE 23,387. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | RENTAL EXPENSES NETTED WITH INCOME ON FORM 990 -37,813 -37,813. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES NETTED WITH INCOME ON FORM 990 - 37,813 37,813. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | ARTCRUSH | Event1Nm |
| Gross Receipts Event1 | $7,180,652 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $1,205,901 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $5,974,751 | GrossRevenueEvent1Amt |
| Entertainment Event1 | $543,650 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $2,568,242 | OtherDirectExpensesEvent1Amt |
| Event2 | ARTTRIP | Event2Nm |
| Gross Receipts Event2 | $303,546 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $303,546 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $306,048 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $7,484,198 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $1,205,901 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $6,278,297 | GrossRevenueTotalEventsAmt |
| Entertainment Total Events | $543,650 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $2,874,290 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $3,417,940 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $2,860,357 | NetIncomeSummaryAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | 0 | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | 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 | Yes (1) | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NICOLA LEES | ||||||||||||||
| CHIEF EXECUTIVE OFFICER/DI | $631,952 | $0 | $40,000 | $0 | $0 | $0 | $0 | $0 | $16,875 | $0 | $688,827 | $0 | $0 | $0 |
| JACLYN CARR | ||||||||||||||
| CHIEF DEVELOPMENT OFFICER | $193,310 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10,740 | $0 | $204,050 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | ASPEN ART MUSEUM PROVIDES A HOUSING ALLOWANCE APPROVED BY THE BOARD OF TRUSTEES FOR THE CHIEF EXECUTIVE OFFICER/CHIEF CURATOR/DIRECTOR. THE HOUSING ALLOWANCE BENEFITS PROVIDED ARE TAXABLE TO THE CHIEF EXECUTIVE OFFICER/CHIEF CURATOR/DIRECTOR. |
| PART I, LINE 1B | THE BOARD OF TRUSTEES REVIEWS AND DETERMINES THE AVAILABILITY OF HOUSING ALLOWANCES FOR MUSEUM EMPLOYEES. |
| PART I, LINE 7 | THE ORGANIZATION'S COMPENSATION COMMITTEE REVIEWS THE PERFORMANCE OF THE EXECUTIVE STAFF TO DETERMINE IF ADDITIONAL COMPENSATION IN THE FORM OF BONUSES WILL BE PAID. DURING CALENDAR YEAR ENDING DECEMBER 31, 2024, THE COMPENSATION COMMITTEE AWARDED THE CHIEF EXECUTIVE OFFICER, CHIEF FINANCIAL OFFICER AND CHIEF DEVELOPMENT OFFICER A BONUS BASED ON REVIEW OF THE INDIVIDUAL'S PERFOMANCE AND SERVICES TO THE ORGANIZATION. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLORADO EDUCATIONAL AND CULTURAL FACILITIES AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 840896727 | BondIssuerEIN |
| Bond Issued | 2012-10-12 | BondIssuedDt |
| Issue Price | $21,000,000 | IssuePriceAmt |
| Purpose | CONSTRUCTION OF NEW MUSEUM | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $19,087,836 | RetiredAmt |
| Total Proceeds | $21,000,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $383,791 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $17,107,748 | CapitalExpendituresAmt |
| Other Spent Proceeds | $3,508,461 | OtherSpentProceedsAmt |
| Substantial Completion | 2014 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | 0 | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | Yes (1) | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | Yes (1) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 80 | ContributionCnt |
| Noncash Contributions Rpt F990 | $4,334,901 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | SELLING PRICE OF DONATED | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 32B: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION USES AND ACUTION HOUSE TO SELL THE WORKS OF ART DUING AUCTIONS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 8B | THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION B, LINE 11B | A COPY OF THE FORM 990 IS SUBMITTED TO THE BOARD OF TRUSTEES FOR REVIEW AND APPROVAL PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | A CONFLICT OF INTEREST DISCLOSURE STATEMENT IS REQUIRED TO BE FILLED OUT ON AN ANNUAL BASIS BY MEMBERS OF THE BOARD OF TRUSTEES, AND ANY DISCLOSURES ARE REVIEWED BY THE CHIEF EXECUTIVE OFFICER/DIRECTOR. KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST TO THE CHIEF EXECUTIVE OFFICER/DIRECTOR; THE CHIEF EXECUTIVE OFFICER/DIRECTOR IS REQUIRED TO DISCLOSE TO THE CO-PRESIDENTS. IF A CONFLICT OF INTEREST EXISTS, THE TRUSTEE OR EMPLOYEE IS ASKED TO REFRAIN FROM VOTING OR MAKING FINAL DECISIONS IN ANY MATTERS INVOLVING THE CONFLICT OF INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE DIRECTOR AND CEO'S COMPENSATION IS DETERMINED ANNUALLY BY THE COMPENSATION COMMITTEE OF THE BOARD. THE COMMITTEE IS COMPRISED OF BOARD MEMBERS WHO HAVE EXPERIENCE ON MUSEUM BOARDS AND ARE FAMILIAR WITH THE COMPENSATION STANDARDS OF THE INDUSTRY. A PERIODIC COMPENSATION AUDIT IS ALSO PERFORMED BY AN OUTSIDE FIRM. THE BOARD HAS DELEGATED THE CEO TO SET THE COMPENSATION FOR OTHER KEY EMPLOYEES USING COMPARABILITY DATA. |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL ORGANIZATIONAL DOCUMENTS, FILINGS AND FINANCIAL DATA ARE MAINTAINED AT THE ORGANIZATION'S HOME OFFICE AND ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 1,038,476. MANAGEMENT AND GENERAL EXPENSES 667,074. FUNDRAISING EXPENSES 118,556. TOTAL EXPENSES 1,824,106. BANK FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 34,166. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34,166. |
| FORM 990, PART XI, LINE 9: | GAIN ON INCREASE IN CASH SURRENDER VALUE OF INSURANCE 23,387. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ASPEN ART MUSEUM FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 637 E HYMAN AVENUE | AddressLine1Txt |
| City | ASPEN | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 81611 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 841515243 | EIN |
| Primary Activities | ESTABLISHMENT AND ADMINISTRATION OF ENDOWMENT | PrimaryActivitiesTxt |
| Legal Domicile State | CO | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 12A, I | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ASPEN ART MUSEUM | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| ASPEN ART MUSEUM FOUNDATION | ||
| C | $2,355,671 | CASH TRANSFERRED |
| ASPEN ART MUSEUM FOUNDATION | ||
| P | $325,063 | CASH TRANSFERRED |
Comments