RYOBI FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- RYOBI FOUNDATION (EIN 74-2517850)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-05-10
- IRS object ID
- 202141309349100829
- Schema version
- 2020v4.0
- 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-PF
- Schedule B
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Land Etc Schedule2
- Legal Fees Schedule
- Loans From Officers Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-05-10T09:33:26-07:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 760269860 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Blazek & Vetterling | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2900 Weslayan Suite 200 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77027 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 742517850 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Ryobi Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RYOB | BusinessNameControlTxt |
| Phone | 9709634445 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 13110 Highway 82 | AddressLine1Txt |
| City | Carbondale | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 81623 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Barbara J Hapgood | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2021-05-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Barbara J | PersonFirstNm |
| Person Last | Hapgood | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Kurt Coburn | PreparerPersonNm |
| PTIN | P01638285 | PTIN |
| Phone | 7134395739 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $406,829,616 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $30,018,067 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $17 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $17 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $17 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $588,150 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $518,584 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $588,150 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,080,457 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $25,705,776 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,080,457 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $5,838 | OtherIncomeRevAndExpnssAmt |
| Other Income Adj Net Incm | $5,838 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $33,692,529 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,599,058 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $594,005 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $50,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $50,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $308,208 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $5,838 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $302,370 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $25,326 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $25,326 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $19,623 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $19,623 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $115,435 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $115,435 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $115,435 | OtherProfFeesAdjNetIncmAmt |
| Taxes Rev And Expnss | $6,440 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $4,055 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $4,055 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $2,385 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $284,765 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $60,094 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $60,094 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $6,334 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $6,334 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $585,553 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $96 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $96 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $585,457 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,461,778 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $119,586 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $125,424 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,051,589 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,461,778 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $119,586 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $125,424 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,051,589 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $32,230,751 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,479,472 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $468,581 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,487,088 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,876,244 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,876,244 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $5,600 | PrepaidExpensesBOYAmt |
| US Government Obligations BOY | $6,977,493 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $12,037,946 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $12,645,030 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $17,468,987 | CorporateStockBOYAmt |
| Corporate Stock EOY | $31,950,380 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $44,887,905 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,508,074 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $4,749,965 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $4,926,689 | CorporateBondsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $14,359,662 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,176,769 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $12,467,658 | LandBOYAmt |
| Land EOY | $12,182,893 | LandEOYAmt |
| Land EOYFMV | $14,018,523 | LandEOYFMVAmt |
| Other Assets BOY | $225,094,225 | OtherAssetsBOYAmt |
| Other Assets EOY | $228,156,225 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $328,475,225 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $266,009,125 | TotalAssetsBOYAmt |
| Total Assets EOY | $290,953,653 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $406,829,616 | TotalAssetsEOYFMVAmt |
| Loans From Officers BOY | $6,747,002 | LoansFromOfficersBOYAmt |
| Loans From Officers EOY | $6,747,002 | LoansFromOfficersEOYAmt |
| Other Liabilities EOY | $52,079 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $6,747,002 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $6,799,081 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $259,262,123 | RetainedEarningBOYAmt |
| Retained Earning EOY | $284,154,572 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $259,262,123 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $284,154,572 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $266,009,125 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $290,953,653 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $259,262,123 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $32,230,751 | ExcessRevenueOverExpensesAmt |
| Subtotal | $291,492,874 | SubtotalAmt |
| Other Decreases | $7,338,302 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $284,154,572 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| Publicly traded securities | $25,460,408 | $22,625,319 | $2,835,089 | $2,835,089 |
| Capital gain distributions | $245,368 | $245,368 | $245,368 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,080,457 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $48,365 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $48,365 | SubtotalAmt |
| Tax Based On Investment Income | $48,365 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,600 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $5,600 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $854 | EsPenaltyAmt |
| Tax Due | $43,619 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | Yes (true) | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CO | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | www.powersartcenter.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Barbara J Hapgood | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9709634445 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 13110 Highway 82 | AddressLine1Txt |
| City | Carbondale | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 81623 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | Yes (true) | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Kimiko Powers | ||||||
| 13110 Highway 82 | Carbondale | CO | 81623 | Pres to Feb | 10.00 | $0 |
| James T Bohart Jr | ||||||
| 13110 Highway 82 | Carbondale | CO | 81623 | VP/Sec | 20.00 | $25,000 |
| Barbara J Hapgood | ||||||
| 13110 Highway 82 | Carbondale | CO | 81623 | Pres from Feb | 50.00 | $25,000 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt |
|---|---|---|---|---|---|---|---|
| Joel L Samuelson | |||||||
| 13110 Highway 82 | Carbondale | CO | 81623 | Ops Director | 40.00 | $139,900 | $7,775 |
| Melissa T English | |||||||
| 13110 Highway 82 | Carbondale | CO | 81623 | Director | 40.00 | $84,850 | $3,440 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bessemer Trust Co NA | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 630 Fifth Avenue | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Investment management | ServiceTypeTxt |
| Compensation | $115,435 | CompensationAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | The Ryobi Foundation runs and operates the Powers Art Center, the Ryobi House, manages hundreds of acres under conservation easement, and works with other institutions to show art from artists that were part of the former collection of John and Kimiko Powers. The majority of the charitable activities are programs and exhibits through the Powers Art Center. In 2020, the Powers Art Center was open to the public for the majority of the year, closing only for COVID restrictions and for exhibit updates. The Powers Art Center is free to the general public for viewings and hosts events for elementary schools, high schools, and the local community college. In 2020, this included hosting the Colorado Rocky Mountain School, Delta High School, and Colorado Mountain College. In addition to hosting school and student groups, the Ryobi Foundation hosted museum and art groups from a variety of institutions with the hope of creating stronger collaborations. These groups included the Whitney Museum in | Description1Txt |
| Expenses1 | $4,113,589 | Expenses1Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $37,310,782 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,265,186 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $38,575,968 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $38,575,968 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $578,640 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $37,997,328 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,899,866 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,051,589 | ExpensesAndContributionsAmt |
| Charitable Assets Acquis Paid | $3,062,000 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $4,113,589 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $4,113,589 | AdjustedQualifyingDistriAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $468,581 | CurrentYearAmt |
| Year1 | $1,434,419 | Year1Amt |
| Year2 | $374,679 | Year2Amt |
| Year3 | $87,071 | Year3Amt |
| Total | $2,364,750 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $398,294 | CurrentYearAmt |
| Year1 | $1,219,256 | Year1Amt |
| Year2 | $318,477 | Year2Amt |
| Year3 | $74,010 | Year3Amt |
| Total | $2,010,037 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $4,113,589 | CurrentYearAmt |
| Year1 | $781,061 | Year1Amt |
| Year2 | $712,827 | Year2Amt |
| Year3 | $851,911 | Year3Amt |
| Total | $6,459,388 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Year1 | $30,000 | Year1Amt |
| Total | $30,000 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $4,113,589 | CurrentYearAmt |
| Year1 | $751,061 | Year1Amt |
| Year2 | $712,827 | Year2Amt |
| Year3 | $851,911 | Year3Amt |
| Total | $6,429,388 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $406,829,616 | CurrentYearAmt |
| Year1 | $271,490,967 | Year1Amt |
| Year2 | $265,378,726 | Year2Amt |
| Year3 | $267,770,825 | Year3Amt |
| Total | $1,211,470,134 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $342,493,748 | CurrentYearAmt |
| Year1 | $238,525,154 | Year1Amt |
| Year2 | $240,385,045 | Year2Amt |
| Year3 | $240,965,273 | Year3Amt |
| Total | $1,062,369,220 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Kimiko Powers | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Rev Part VII ProgramServiceRevPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Retail sales | Desc |
| Related Or Exempt Function Incm | $5,838 | RelatedOrExemptFunctionIncmAmt |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $17 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $588,150 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,080,457 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $3,668,624 | ExclusionAmt |
| Related Or Exempt Function Incm | $5,838 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,674,462 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1a | LineNumberTxt |
| Relationship Statement | The Powers Art Center sells informational art books, pottery, and crystals from the former collection of John and Kimiko Powers all to promote art. | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Kimiko Powers | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 13112 Highway 82 | AddressLine1Txt |
| City | Carbondale | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 81623 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $30,017,522 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | Publicly-traded securities | NoncashPropertyDesc |
| Fair Market Value | $30,017,522 | FairMarketValueAmt |
| Received | 2020-10-13 | ReceivedDt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (2 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| Furniture and Fixtures | 2015-01-01 | $45,089 | $29,334 | SL | 5.0000 | $9,018 |
| Buildings | 2015-01-01 | $10,754,150 | $1,367,247 | SL | 39.0000 | $275,747 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (43 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Abbvie Inc 3.750% 11/14/23 | $90,613 | $93,058 |
| Amazon.com Inc 1.200% 06/03/27 | $105,403 | $106,950 |
| American Honda Finance 1.950% 05/20/22 | $99,966 | $102,480 |
| Analog Devices Inc 3.900% 12/15/25 | $171,730 | $171,489 |
| Anheuser-Busch Co/Inbev 3.650% 02/01/26 | $97,408 | $103,130 |
| Anthem Inc 3.650% 12/01/27 | $91,815 | $98,232 |
| Archer-Daniels-Midland C 2.750% 03/27/25 | $83,434 | $87,576 |
| Bank of America Corp 3.366% 01/23/26 | $150,000 | $167,441 |
| Bank of NY Mellon Corp 1.600% 04/24/25 | $95,182 | $99,518 |
| Bristol-Myers Squibb Co 1.450% 11/13/30 | $99,733 | $100,533 |
| Broadcom Crp / Caymn Fi 3.625% 01/15/24 | $167,570 | $170,259 |
| Burlingtn North Santa Fe 3.250% 06/15/27 | $95,600 | $96,506 |
| Cigna Corp 3.750% 07/15/23 | $92,265 | $93,264 |
| Citigroup Inc 3.668% 07/24/28 | $169,941 | $173,027 |
| Comcast Corp 3.950% 10/15/25 | $89,899 | $92,519 |
| D.R. Horton Inc 1.400% 10/15/27 | $170,129 | $171,659 |
| Diageo Capital Plc 2.625% 04/29/23 | $105,367 | $115,609 |
| Electronic Arts Inc 3.700% 03/01/21 | $95,711 | $96,405 |
| Estee Lauder Co Inc 2.600% 04/15/30 | $98,796 | $99,768 |
| Goldman Sachs Grp Inc 1.215% 07/24/23 | $60,027 | $60,717 |
| HP Enterprise Co 2.250% 04/01/23 | $89,981 | $93,963 |
| Jabil Inc 4.700% 09/15/22 | $101,841 | $102,874 |
| JPMorgan Chase & Co 4.203% 07/23/29 | $155,771 | $181,474 |
| Kimberly-Clark Corp 1.050% 09/15/27 | $100,342 | $101,674 |
| Lowe's Cos Inc 3.120% 04/15/22 | $101,089 | $103,539 |
| McDonald's Corp 3.300% 07/01/25 | $111,601 | $112,897 |
| Microsoft Corp 2.400% 08/08/26 | $87,483 | $94,614 |
| Morgan Stanley 3.875% 04/29/24 | $87,142 | $94,632 |
| New York St UDC Rev 0.090% 01/01/30 | $105,000 | $105,008 |
| Nutrien Ltd 3.625% 03/15/24 | $96,735 | $98,735 |
| Oracle Corp Sr Glbl Nt 2.500% 05/15/22 | $95,895 | $97,818 |
| Paypal Holdings Inc 1.650% 06/01/25 | $92,190 | $94,253 |
| Pfizer Inc 3.200% 09/15/23 | $101,383 | $103,179 |
| Qualcomm Inc 2.900% 05/20/24 | $179,355 | $194,565 |
| Roper Technologies Inc 1.400% 09/15/27 | $99,860 | $101,773 |
| Southwest Airlines Co 5.125% 06/15/27 | $170,559 | $172,717 |
| Starbucks Corp 1.300% 05/07/22 | $95,238 | $96,480 |
| Sumitomo Mitsui Finl Grp 2.632% 07/14/26 | $95,088 | $104,358 |
| The Coca-Cola Co 3.375% 03/25/27 | $96,157 | $98,248 |
| Toyota Motor Credit Corp 1.350% 08/25/23 | $94,964 | $97,948 |
| TSY Inflation Index Bond 0.625% 01/15/24 | $161,236 | $174,171 |
| Verizon Communications 1.750% 01/20/31 | $100,252 | $99,802 |
| Westpac Banking Corp 2.000% 08/19/21 | $100,214 | $101,827 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (140 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 417 Abbott Laboratories | $30,697 | $45,657 |
| 1,315 Abbvie Inc | $115,712 | $140,902 |
| 514 Activision Blizzard Inc | $28,733 | $47,724 |
| 462 Adobe Inc | $187,761 | $231,055 |
| 729 Advance Auto Parts | $74,014 | $115,006 |
| 864 Agilent Technologies | $78,789 | $102,375 |
| 19,322 AIA Group Ltd | $190,102 | $236,680 |
| 394 Air Products & Chemicals | $61,504 | $108,176 |
| 1,085 Airbus Se | $98,279 | $119,533 |
| 2,046 Alibaba Group Holdings Ltd | $337,269 | $476,165 |
| 6,542 Alimentation Couche-Tard | $209,552 | $222,664 |
| 700 Alphabet Inc Class C | $721,766 | $1,226,315 |
| 417 Amazon.Com Inc | $518,669 | $1,358,139 |
| 1,571 Ameren Corp | $103,406 | $122,632 |
| 1,245 American Tower Corp | $226,980 | $280,958 |
| 703 American Water Works Co | $58,625 | $107,889 |
| 2,417 Ametek Inc New | $243,169 | $292,311 |
| 353 Amgen Inc | $67,535 | $81,161 |
| 1,231 Amphenol Corp | $113,458 | $161,334 |
| 277 Ansys Inc | $54,237 | $100,772 |
| 13,670 Anta Sports Products Ltd | $121,766 | $216,624 |
| 218 Anthem Inc | $62,262 | $69,997 |
| 542 Aon Plc | $112,742 | $114,508 |
| 13,685 Apple Inc | $650,160 | $1,815,861 |
| 612 Aptargroup Inc | $59,864 | $83,776 |
| 845 ASML Holding | $231,428 | $412,218 |
| 310 Aspen Technology | $40,908 | $40,377 |
| 2,813 Atlas Copco Ab A | $84,969 | $143,804 |
| 638 Autodesk Inc | $192,239 | $194,806 |
| 382 Automatic Data Processing | $57,198 | $67,533 |
| 24,806 Bank of America Corp | $642,591 | $751,869 |
| 225 Blackrock Inc | $99,313 | $162,346 |
| 8,639 Blackstone Group Inc | $478,704 | $559,892 |
| 3,583 Bristol-Myers Squibb Co | $222,832 | $224,009 |
| 170 Broadcom Inc | $63,300 | $74,434 |
| 462 Burlington Stores Inc | $75,111 | $120,836 |
| 1,201 Cadence Design Systems Inc | $84,216 | $163,852 |
| 638 CDW Corp | $63,593 | $84,082 |
| 495 Charter Communications Inc | $241,995 | $327,467 |
| 827 Chubb Limited | $101,776 | $127,936 |
| 423 Cintas Corp | $76,029 | $149,513 |
| 2,811 Citigroup Inc | $147,042 | $173,326 |
| 440 CMC Materials Inc | $53,175 | $66,766 |
| 2,060 Coca-Cola Company | $103,084 | $112,970 |
| 3,640 Comcast Corp Cl A New | $187,560 | $190,736 |
| 385 Cooper Cos Inc | $97,416 | $139,878 |
| 555 Costco Whsl Corp New | $128,985 | $209,112 |
| 1,774 Danaher Corp | $180,272 | $394,394 |
| 285 Deere & Co | $57,396 | $76,896 |
| 2,867 Dollarama Inc | $87,579 | $116,701 |
| 827 Dover Corp | $65,300 | $104,408 |
| 565 Eaton Corp Plc | $46,527 | $67,879 |
| 624 Equifax Inc | $81,031 | $120,332 |
| 3,420 Facebook Inc-A | $608,841 | $934,206 |
| 2,015 Fidelity Natl Info Svcs | $194,917 | $285,041 |
| 2,192 Fiserv Inc | $197,766 | $249,581 |
| 2,209 Fortive Co | $113,910 | $156,441 |
| 18,490 General Electric Co | $185,080 | $199,877 |
| 712 Genuine Parts Co | $67,534 | $71,989 |
| 4,060 HDFC Bank Ltd Adr Reps3 | $189,758 | $293,375 |
| 1,634 Hilton Worldwide Holdings | $170,854 | $181,798 |
| 868 Home Depot | $125,305 | $230,557 |
| 1,070 Honeywell Intl Inc | $201,117 | $227,589 |
| 1,872 IAA Inc | $55,134 | $121,642 |
| 235 Idex Corp | $31,166 | $46,812 |
| 644 Illinois Tool Works Inc | $87,239 | $132,032 |
| 452 International Bus Machines | $56,212 | $56,897 |
| 89 Intuitive Surgical | $60,866 | $72,810 |
| 1,798 IQVIA Holdings Inc | $263,069 | $322,147 |
| 6,935 Ishares Msci Europe Financ | $120,965 | $121,639 |
| 4,523 JPMorgan Chase & Co | $440,647 | $574,737 |
| 1,386 Kansas City Southern | $182,168 | $283,534 |
| 535 Keyence Corp | $167,827 | $300,587 |
| 1,667 Keysight Technologies Inc | $157,111 | $220,194 |
| 514 Kla Corporation | $81,208 | $133,079 |
| 253 L3 Harris Technologies Inc | $39,718 | $47,822 |
| 453 Lab Corp of Amer Hldgs New | $60,360 | $92,208 |
| 246 Lockheed Martin Corp | $68,921 | $87,325 |
| 2,081 London Stock Exchange | $222,899 | $255,923 |
| 345 L'oreal | $78,744 | $131,576 |
| 1,535 Lowes Cos Inc | $184,154 | $246,382 |
| 297 LVMH Moet Hennessy Vuitton | $125,236 | $186,196 |
| 906 Mastercard Cl A | $140,466 | $323,387 |
| 767 Match Group Inc | $72,322 | $115,962 |
| 895 McDonald's Corp | $173,361 | $192,048 |
| 732 Medtronic Plc | $67,776 | $86,064 |
| 1,070 Merck & Co Inc New | $81,627 | $88,222 |
| 8,075 Microsoft Corp | $807,468 | $1,796,040 |
| 480 Motorola Solutions Inc | $75,519 | $81,969 |
| 792 Nasdaq Inc. | $68,973 | $105,130 |
| 1,295 New Oriental Ed&Tech Adr | $191,381 | $240,623 |
| 1,361 Nextera Energy Inc | $84,479 | $105,001 |
| 346 Nice Ltd Adr | $53,147 | $98,104 |
| 2,353 Nike Inc Cl B | $167,622 | $332,878 |
| 158 Northrop Grumman Corp | $56,457 | $48,145 |
| 426 Nvidia Corp | $135,021 | $222,457 |
| 263,876 OW Credit Income Fund | $2,638,760 | $2,694,173 |
| 432,594 OW Small & Midcap Strat Fd | $6,317,577 | $7,968,387 |
| 135 Paycom Software Inc | $45,876 | $61,053 |
| 2,712 Pepsico Inc | $283,950 | $404,824 |
| 739 Pinnacle West Capital Corp | $63,858 | $59,083 |
| 2,156 Procter & Gamble Co | $237,255 | $299,985 |
| 751 Prudential Financial | $59,723 | $58,630 |
| 284 Public Storage Inc | $58,187 | $65,584 |
| 540 Quest Diagnostics Inc | $57,208 | $64,351 |
| 12,343 Rentokil Initial Plc | $60,857 | $85,873 |
| 4,413 Ross Stores Inc | $440,865 | $541,959 |
| 338 S&P Global Inc. | $88,170 | $111,110 |
| 1,294 Safran Sa | $164,915 | $184,113 |
| 1,499 Schneider Electric | $158,435 | $217,603 |
| 2,350 Schwab Charles Corp New | $115,876 | $124,644 |
| 915 Sea Ltd Adr | $40,724 | $182,130 |
| 361 Servicenow Inc | $91,986 | $198,705 |
| 260 Sherwin-Williams Co | $136,415 | $191,076 |
| 585 Simon Prop Group | $53,028 | $50,649 |
| 1,526 Smith A O Corp | $66,111 | $83,655 |
| 1,123 SS&C Technologies Holdings | $71,096 | $81,698 |
| 539 Starbucks Corp | $36,573 | $57,662 |
| 568 Steris Plc | $63,233 | $107,658 |
| 546 Synopsys Inc | $63,489 | $141,545 |
| 993 TE Connectivity Ltd | $77,684 | $120,222 |
| 292 Teleflex Inc | $81,529 | $120,178 |
| 8,106 Tencent Holdings Ltd | $312,852 | $589,485 |
| 2,771 Texas Instruments Inc | $281,922 | $454,803 |
| 284 The Hershey Company | $33,892 | $43,261 |
| 1,151 Thermo Fisher Scientific | $337,061 | $536,395 |
| 2,441 Truist Financial Corp | $98,335 | $116,997 |
| 2,325 Union Pacific Corp | $385,180 | $484,111 |
| 1,761 Unitedhealth Group Inc | $468,197 | $617,547 |
| 2,144 US Foods Holding Corp | $55,529 | $71,416 |
| 53,860 Vanguard Ftse Emer Mkt Etf | $2,092,179 | $2,698,924 |
| 342 Verisk Analytics Inc-Cl A | $44,435 | $70,995 |
| 2,830 Verizon Communications | $142,661 | $166,262 |
| 3,339 Visa Inc | $444,993 | $730,338 |
| 1,362 Walmart Inc | $168,628 | $197,067 |
| 319 Waste Management Inc New | $29,289 | $37,619 |
| 111 West Pharmaceutical Svc | $16,987 | $31,447 |
| 575 Wex Inc | $88,551 | $117,029 |
| 1,185 Wyndham Hotels & Resorts | $49,434 | $70,436 |
| 1,333 Zoetis Inc | $93,910 | $220,611 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $5,565,250 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $5,718,981 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $6,472,696 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $6,926,049 | StateLocalSecEOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| Furniture and Fixtures | $45,089 | $38,352 | $6,737 | $6,737 |
| Machinery and Equipment | $495,423 | $495,423 | ||
| Buildings | $10,754,150 | $1,642,994 | $9,111,156 | $9,111,156 |
| Land | $3,065,000 | $3,065,000 | $4,900,630 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General governance and counsel | CategoryTxt |
| Legal Fees | $19,623 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $19,623 | DisbursementsCharitablePrpsAmt |
Loans From Officers Schedule LoansFromOfficersSchedule
Loans From Officer LoansFromOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lender Person | Kimiko Powers | LenderPersonNm |
| Title | President/Director | TitleTxt |
| Loan Original | $2,950,000 | LoanOriginalAmt |
| Balance Due | $6,747,002 | BalanceDueAmt |
| Note | 2009-06 | NoteDt |
| Repayment Terms | None | RepaymentTermsTxt |
| Security Provided Borrower | None | SecurityProvidedBorrowerTxt |
| Loan Purpose | Support charitable activities | LoanPurposeTxt |
| Lender Consideration | Payment of foundation expenses | LenderConsiderationDesc |
| Consideration FMV | $6,747,002 | ConsiderationFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (5 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 2015 Art Purchases | $520,000 | $520,000 | $520,000 |
| Art Prints and Multiples | $15,364,000 | $15,364,000 | $15,364,000 |
| Japanese Art Collection | $33,031,500 | $33,031,500 | $33,031,500 |
| Jasper Johns Art Collection | $2,997,725 | $3,059,725 | $3,059,725 |
| Post-War and Contemp. Art | $173,181,000 | $176,181,000 | $276,500,000 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Difference between book & FMV of donated securities | Desc |
| Amt | $7,338,302 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|
| Art insurance | $505,062 | $505,062 | ||
| Bank charges | $96 | $96 | $96 | |
| Dues and subscriptions | $5,174 | $5,174 | ||
| Licenses, permits, and fees | $215 | $215 | ||
| Office expense | $6,968 | $6,968 | ||
| Postage and shipping | $343 | $343 | ||
| Repairs and maintenance | $60,551 | $60,551 | ||
| Telephone | $7,144 | $7,144 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Retail sales | Desc |
| Revenue And Expenses Per Books | $5,838 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $5,838 | AdjustedNetIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PPP loan | Desc |
| EOY Book Value | $52,079 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment management fees | CategoryTxt |
| Amt | $115,435 | Amt |
| Net Investment Income | $115,435 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $115,435 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Foreign tax | $4,055 | $4,055 | $4,055 | |
| State/ county tax | $2,385 | $2,385 |
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