2019-03-06T11:50:05-06:00 2018-09-30 Kundinger Corder & Engle PC 475 Lincoln Street Suite 200 Denver CO 80203 990 2017-10-01 846038240 Denver Art Museum DENV 7209130022 100 W 14th Avenue Parkway Denver CO 80204 Christoph Heinrich Director 7209130022 2019-02-11 1 Laurie Anderson P01416697 3035345953 2019-02-12 72.164.244.82 2019-03-06 10:49:41 MS P 4C6F90D5B18D9A11C6848E517D2975E4AD7741AE 4C6F90D5B18D9A11C6848E517D2975E4AD7741AE 2017 2019-02-21 02:37:17Z Christoph Heinrich 100 W 14th Avenue Parkway Denver CO 80204 75953950 0 X www.denverartmuseum.org X 1897 CO The primary mission of the Denver Art Museum is to enrich the lives of present and future generations through the acquisition, presentation, and preservation of works of art, supported by exemplary scholarship and public programs related both to its permanent collections and to temporary exhibitions presented by the Museum. 34 34 603 450 23643 210291 66899272 63934973 8003923 5413398 165776 739443 6679093 3885789 81748064 73973603 0 0 0 0 16385262 15749222 0 0 1967810 25611537 20296118 41996799 36045340 39751265 37928263 118759976 165832052 5174123 14328991 113585853 151503061 X See description for Part I, Line 1 on Schedule O. 0 0 14784601 7317648 Exhibitions and Collections - See Schedule OExhibitions and Collections: Each year, the Denver Art Museum (DAM) presents exhibitions that provide a variety of experiences with art, regularly attracting more than 600,000 visitors annually. The Museum's approach to exhibitions celebrates the creativity of individual artists who have made an extraordinary impact, and ignites creativity through programs that provide engaging and interactive art experiences. Among the highlights in 2018:Her Paris: Women Artists in the Age of Impressionism featured more than 80 paintings by 37 women artists from across Europe and America, who had migrated to this epicenter of art to further their careers. They range from well-known artists such as Berthe Morisot, Mary Cassat, and Rosa Bonheur, to painters who are lesser-known in the United States, including Anna Ancher and Paula Modersohn-Becker.Organized by the DAM's curator of Asian Art Decor Dr. Tianlong Jiao, Linking Asia: Art, Trade, and Devotion explored how trade routes inspired and influenced art over time and across the Asian continent. The exhibition featured approximately 150 sculptures, ceramics, textiles, scrolls, and other multi-dimensional works from 20 countries that span more than 2,500 years, and dove deeper into the exchange of ideas, beliefs, and techniques along trade routes including the Silk Road, which profoundly affected the development of Asian art. Themes explored included artistic inspiration and cross-cultural hybridization of styles, trade by land and sea, ink art trends in East Asia, and religious links before the twentieth century.A highlight in early 2018 was Degas: A Passion for Perfection, showcasing prolific French artist Edgar Degas' works from 1855 to 1906. The exhibition focused on the most prominent and recurring themes throughout Degas' 60-year career. These included his interest in learning from the art of the past and from that of his contemporaries, a lifelong fascination with the nude, a passion for horses, and his strong interest in opera and dance.Jeffrey Gibson: Like a Hammer-the first major museum exhibition of the artist's work-chronicled a pivotal moment in Gibson's career when his contemporary artistic practice converged with his Native American heritage. The exhibition showed how Gibson draws upon his heritage and remixes his older works to create a visual vocabulary that explores his multi-faceted identity and the history of modernism. Gibson's abstract works take inspiration from his Choctaw and Cherokee heritage, pan-Native American visual culture, alternative subcultures, and the artist's experiences living abroad as well as popular culture.A sampling of other exhibitions offered in 2018 includes: -Britain's Golden Age-Stampede: Animals in Art-Revealing a Mexican Masterpiece: The Virgin of Valvanera-Drawn to Glamour: Fashion Illustrations from Jim Howard-New Territory: Landscape Photography Today 8912303 Premises and Buildings - See Schedule OPremises & Buildings: These costs include all expenditures associated with the day-to-day operations of the Museum's facilities. Exhibition and permanent galleries displayed a variety of artwork for the public's enjoyment while the Museum's public spaces enable museum staff and volunteers to conduct frequent learning and engagement programs including tours, public talks, interpretive programs, art-making activities, and more. The premises and buildings provide ample space for mission-driven programming aimed at enriching the lives of this and future generations, and for which the Museum has been internationally recognized. 2050868 93376 Learning and Engagement Programs - See Schedule OLearning and Engagement Programs: The Denver Art Museum (DAM) believes that art can make a difference in people's lives by celebrating and stimulating creativity and inspiring greater understanding and connection with our world. To fulfill this vision, the Museum's Department of Learning and Engagement strives to make art relevant and enjoyable to people of all ages, abilities, and backgrounds.The Department of Learning and Engagement has taken a leading role both nationally and internationally in three areas: 1) research about what visitors need to make a museum visit meaningful; 2) creation of rich and innovative learning resources in collection installations and temporary exhibitions; and 3) interactive learning for young people in both school and family groups. The Department hosts over ten site visits a year from national and international museum colleagues, actively presents at national conferences, and has a strong track record of sharing findings and best practices with the museum field (our reports can be found on the DAM website under 'Research & Reports'). In addition, we host over sixty college and graduate interns annually. Programs include:In-Gallery Installations: The Museum's in-gallery interpretive installations provide visitors with a variety of ways to explore temporary exhibitions and permanent collections on their own. Discovery libraries, Create-n-Takes, Drop In Drawing and Drop In Writing, gallery games for kids and families, browsing areas, and more deepen visitors' experiences with art. Family Programs: The DAM is committed to being a truly family-friendly institution, offering free general admission to all youth ages 18 and under through the Free for Kids program. In order to make the Museum engaging for kids and their grown-ups, we take a two-pronged approach: 1) offering programs and activities at "peak family times" (weekends, school breaks, and summer) and 2) integrating family materials into installations, exhibitions, and public spaces so there's always a way for families to connect with art. Family activities are included with the cost of general admission. Family Backpacks (kid-sized packs filled with games and learning materials for families to use on their own in the galleries) can be checked out in the Museum on weekends and school breaks. Discovery Library costume areas, eye spy and other gallery games, family create zones, as well as the Just for Fun Family Center (a collection and exhibition-based hands-on activity area) and the Kids Corner (a do-it yourself art project space) are always available. Create Playdate targets 3-5 year olds and their families and Foxy and Shmoxy Art Detectives targets toddlers, helping grown-ups explore the Museum with young children through storytelling and art making opportunities. In addition, the Studio is a dedicated workshop for hands-on projects and artist demonstrations inspired by themes found in exhibitions.Adult and College Programs: The DAM offers a wide range of opportunities for adults to discover, explore, and make personal connections to collections and exhibitions. Programs range from tours, studio classes, and art history courses to Conversation Lounges and Insider Moments with curators and working artists in the galleries. The DAM's Untitled series engages young adult visitors with art and creativity through unconventional, participatory encounters with art the last Friday of the month. School and Teacher Programs: The hallmark of DAM's school tour program is our interactive touring approach. Our introductory all-museum tours, Perception Games and Imagination Games, have been featured at several national conferences, as have the touchable materials and activities we've developed for our culture and architecture based tours. Creative Explorers, a tour for early childhood groups (ages 3-5), uses storytelling, artmaking, and movement to inspire young students to engage with art. Around 50,000 students visit the Museum each year to explore topics related to visual arts, social studies, and language arts curricula. Creativity Resource, the Museum's online resource for teachers, uses the creativity of artists to inspire creativity in teachers and students and provides downloadable art images, information, lesson plans and multi-media resources, and curated blogs on cultural and creativity topics. Community Partnerships: The learning and engagement department is involved in several strategic collaborations designed to encourage museum visitation by a broader audience. Emphasis is on introducing non-visiting families to the Museum. Current collaborations include work with the Mayor's Office for Education and Children, local school districts, and community centers serving under-resourced neighborhoods. Community access tours given by specially trained community and Spanish-language guides provide these groups with introductory tours of the Museum stressing comfort and awareness of the Museum and all that it has to offer. Other accessibility programs include Art & About tours for individuals with Alzheimer's and early dementia and their care givers, Tactile Tours and Verbal Description Tours for visitors who are blind or low vision, accessibility options for visitors with special needs, and more. Outreach Programs: Launched last year at seven metro area Title I qualifying schools, Family Art Social is designed to show families that art can foster relationships and develop creativity and problem solving skills. At each event, the Museum provides: a bilingual (English and Spanish) lead facilitator and two additional facilitators; materials that include recycled found objects; and pizza for participants. Students pick a "creative challenge" from a bucket to spark ideas for projects. Similarly, Art Lives Here/El Arte Vive Aqui takes the DAM offsite to schools that have difficulty visiting the museum. The program provides an immersive experience for students, teachers, and families to engage with museum art objects-in essence, a traveling mini-museum. Co-created with local schools, the program launched at three metro Title I schools in spring 2017. In the coming year, two versions of the installation will travel to approximately twenty schools. The installation will "live" in each school for one month, allowing students, teachers, and families to have multiple interactions with the objects.Partnerships with the Creative Community: Over the past few years, the Department has increasingly focused on programming that seeks to connect visitors with the creativity of artists and to use our collections to inspire creativity in our visitors. Programming has ranged from collaborations with artists to creation of new "making and residency spaces throughout the campus including: 1) the rotating "Studio" on the first floor of the Hamilton Building, 2) the Native Arts Artist-in-Residence studio in the American Indian galleries and 3) Thread Studio on the sixth floor of the North Building, and 4) a Latino Artist residency program in the Spanish Colonial and pre-Colombian galleries. 1074246 1665751 Other program services included in this caption are the activities associated with the gift shop, restaurant, and other facilities designed to enhance the visitor's overall Museum experience. 1074246 1665751 26822018 1 1 0 1 0 0 0 1 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 1 329 0 1 603 1 1 1 0 0 0 0 1 1 0 0 0 0 X 34 34 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Curtis Woitte Deputy Dir & CFO 7209130022 100 W 14th Avenue Parkway Denver CO 80204 J Landis Martin Chairman 1.00 X X 0 0 0 Charles P Gallagher Vice Chairman 1.00 X X 0 0 0 Wayne W Murdy Treasurer 1.00 X X 0 0 0 Robert S Rich Secretary 1.00 X X 0 0 0 Dr Patricia Baca Trustee 1.00 X 0 0 0 Jana Bartlit Trustee 1.00 X 0 0 0 Nancy Lake Benson Trustee 1.00 X 0 0 0 Mario Carrera Trustee 1.00 X 0 0 0 David J Corkins Trustee 1.00 X 0 0 0 Joy L Dinsdale Trustee 1.00 X 0 0 0 Michael Duncan Trustee 1.00 X 0 0 0 Suzanne Farver Trustee 1.00 X 0 0 0 Cathey McClain Finlon Trustee 1.00 X 0 0 0 Baryn S Futa Trustee 1.00 X 0 0 0 Arlene Hirschfeld Trustee 1.00 X 0 0 0 James A Holmes Trustee 1.00 X 0 0 0 Sarah A Hunt Trustee 1.00 X 0 0 0 Mariner Kemper Trustee 1.00 X 0 0 0 Nancy Leprino Henry Trustee 1.00 X 0 0 0 Kent Logan Trustee 1.00 X 0 0 0 Lee McIntire Trustee 1.00 X 0 0 0 Thomas A Petrie Trustee 1.00 X 0 0 0 Trygve E Myhren Trustee 1.00 X 0 0 0 Robert C Newman Trustee 1.00 X 0 0 0 Kathryn A Paul Trustee 1.00 X 0 0 0 William B Pauls Trustee 1.00 X 0 0 0 Craig Ponzio Trustee 1.00 X 0 0 0 Amanda Precourt Trustee 1.00 X 0 0 0 Scott Reiman Trustee 1.00 X 0 0 0 Richard L Robinson Trustee 1.00 X 0 0 0 John J Sie Trustee 1.00 X 0 0 0 Emily Sturm Trustee 1.00 X 0 0 0 James F Williams II Trustee 1.00 X 0 0 0 B Grady Durham thru March 2018 Trustee 1.00 X 0 0 0 Gary B Lutz Trustee 1.00 X 0 0 0 Christoph Heinrich Director 40.00 X 340188 0 146262 Curtis Woitte Deputy Director/CFO 40.00 X 161235 0 17645 Andrea Fulton Dep. Dir./Chief Marketing 40.00 X 193242 0 21962 Melora McDermott-Lewis Chief Learning & Ed. Officer 40.00 X 121285 0 18804 Arpie Chucovich Chief Development Officer 40.00 X 120980 0 18518 Nancy Blomberg Chief Curator 40.00 X 135669 0 7516 Timothy Standring Curator of Painting & Sculpture 40.00 X 119423 0 15246 Bryon Thornburgh Director of Technology 40.00 X 121851 0 16427 1313873 0 262380 14 0 1 0 Fentress Architects 421 Broadway Denver CO 80203 Building Design 4463321 Project One Integrated Services Inc 88 Inverness Circle East Bldg G Englewood CO 80112 Owner's Rep 324357 Snell & Wilmer LLP 1200 Seventeenth Street Ste 1900 Denver CO 80202 Legal 154700 Scott A Skinner DBA Scott's Painting 5578 E 111th Drive Thornton CO 80233 Painting 121025 4 3729336 819539 6025741 11490074 41870283 3099646 63934973 Admissions & Prog Fees 900099 5320022 5320022 Learning & Engagement 900099 93376 93376 5413398 576117 576117 256684 57915 198769 198769 198769 163326 0 163326 163326 163326 305906 819539 305906 0 3305920 1616526 1689394 1665751 23643 Sale of Art Proceeds 900099 1916673 1916673 Miscellaneous Revenue 900099 80953 80953 1997626 73973603 9076775 23643 938212 988319 423583 343540 221196 14760903 10528713 3330712 901478 116901 116901 54750 54750 112500 112500 5619 5619 1114243 618429 443496 52318 1314198 1314198 1526786 1237447 253909 35430 1302316 1267634 34682 301610 186610 111711 3289 3515101 3240818 225881 48402 Exhibitions 4897646 4897646 Repairs and maintenance 2151403 2151403 Gift Shop, Restaurant, 1074246 1074246 Transfer to DAMF 603625 603625 2205174 591864 907613 705697 36045340 26822018 7255512 1967810 2298015 15893906 19082 100004 46467479 56572192 562423 488336 496087 462729 2153828 1996176 79868129 13201149 31268377 66666980 32208938 19502441 3010768 3175513 274979 973775 118759976 165832052 4668571 13696743 505552 582247 50001 5174123 14328991 X 46560580 47466782 65215010 102745040 1810263 1291239 113585853 151503061 118759976 165832052 37928263 -11055 0 X X 0 1 X 1 0 X 55830452 37584182 29369258 58647735 55317727 236749354 6636342 7215886 7465002 7728660 8180790 37226680 533676 407229 476336 522877 436456 2376574 63000470 45207297 37310596 66899272 63934973 276352608 30502398 245850210 602198 708170 888150 887384 832801 3918703 15659 13126 12709 23643 65137 369253 383252 416631 348291 305906 1823333 282159781 42829996 0.87130 0.86480 X 0 0 36045340 36045340 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 104750 314250 124248 543248 250000 250000 250000 250000 1000000 1500000 X X X X 0 4600000 4600000 23007312 9815708 13191604 5471300 3385441 2085859 46789517 46789517 66666980 72346496 -11055 248325 237270 72109226 5619 1858758 1864377 73973603 34493470 248325 57915 306240 34187230 5619 1852491 1858110 36045340 Part III, Line 1a: The Museum's collections, which were acquired through contributions and purchases, are not recognized as assets on the statement of financial position. Purchases of collection items are recorded as decreases in unrestricted net assets in the year in which the items are acquired. Contributed collection items are not reflected on the financial statements. Proceeds from deaccessions or insurance recoveries are reflected as increases in the appropriate net asset classes. Museum policies require that such proceeds be used only to acquire additional art objects. All of the Museum's collection items are held for educational, research, exhibition, and curatorial purposes. Each of these collection items is cataloged, preserved, and cared for, and activities verifying their existence and assessing their condition are performed continuously. Part III, Line 4: The Denver Art Museum (DAM) is dedicated to the collection, preservation, and presentation of art for broadly diverse audiences. With more than 70,000 works of art in its care, the DAM holds the largest and most comprehensive collection of world art between Kansas City and the West Coast. The Museum is an accessible, quality destination, welcoming over 800,000 visitors annually. The Museum is committed to its role as a cultural resource providing shared experiences of art and culture to the Rocky Mountain region and beyond. Collections are organized into nine curatorial departments: Architecture, Design & Graphics; Asian; Modern & Contemporary; Native Art (American Indian, African, and Oceanic); New World (pre-Columbian and Spanish Colonial); Painting & Sculpture; Textile & Fashion Art; Western American; and Photography. The DAM strives to enrich the lives of present and future generations through the acquisition, presentation and preservation of works of art. The collections further the organization's exempt purpose by providing the sustenance necessary to educate visitors about the past, present and future, and inspire life-long learning. Part XI, Line 4b - Other Adjustments: Rental Expense -57,915. Art Proceeds 1,916,673. Part XII, Line 2d - Other Adjustments: Rental Expense 57,915. Part XII, Line 4b - Other Adjustments: Transfers to DAMF 603,625. Acquistions of Art 1,248,866. Collectors Choice 795046 613606 181440 87812 3786 89842 DAM Uncorked 330399 205933 124466 37653 3590 83223 1125445 819539 305906 125465 7376 173065 305906 0 X 1 1 X X 0 1 0 0 0 0 0 0 0 Christoph Heinrich Director 340188 0 0 0 0 0 133500 0 12762 0 486450 0 0 0 Curtis Woitte Deputy Director/CFO 161235 0 0 0 0 0 8411 0 9234 0 178880 0 0 0 Andrea Fulton Dep. Dir./Chief Marketing 193242 0 0 0 0 0 9447 0 12515 0 215204 0 0 0 Part I, Line 1a The Museum Director receives a taxable benefit for a health club membership as part of his employment agreement. Part I, Line 4b The Museum Director participates in a non-qualified supplemental retirement plan. The Plan requires the Museum to make regular contributions to the Plan until the earlier of ten years or a distribution event occurs, as defined by the agreement. The Museum's obligation as of September 30, 2018 was $339,821. There were no distributions from the Plan in 2018. X 803 X 19 2663190 FMV X City indirect 1 436456 Reported by City 14 0 1 0 Part I, Line 33: Throughout the year, the Museum receives gifts of art which are accessioned into the collection. In accordance with generally accepted accounting principles, it is the Museum's policy not to capitalize collection items. In fiscal year 2018, the Museum received 803 gifts of art which were accessioned into the Museum's collection. Form 990, Part VI, Section A, line 6 The Denver Art Museum has approximately 34,000 members who approve the trustees nominated by the Board of Trustees at the annual general membership meeting. Form 990, Part VI, Section A, line 7a Denver Art Museum members approve the slate of trustees as nominated by the Board of Trustees. Form 990, Part VI, Section B, line 11b The IRS Form 990 is completed annually and a copy is provided to the Museum's Board Secretary for review. The Chief Financial Officer (CFO) provides the Form 990 to the Museum Board's Finance/Audit Committee Chair for review. The Museum's CFO discusses any questions or concerns with the Secretary and the Finance/Audit Committee Chair and necessary changes are updated on the Form 990. Once the CFO is in agreement with the Secretary and the Finance/Audit Committee Chair regarding the finished Form 990, it is signed and dated by the Director and submitted to the IRS by the filing deadline. A copy is made available to all Museum Board Trustees prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The Museum's Conflict of Interest Policy is designed to protect the Museum by defining what is a conflict of interest or potential conflict of interest and providing procedures to identify and address conflicts of interest and potential conflicts of interest. Museum trustees, members of committees with delegated powers from the Board of Trustees, officers (Chairman, Vice Chairman, Secretary, Treasurer), and specific employees including the Museum Director, Executive Assistant to Director, Deputy Directors, Chief Curator, Curator, Assistant or Associate Curator, Department Director, or Department Associate Director (all "Interested Persons") are all covered under the policy. On an annual basis, each Interested Person must complete a "Disclosure and Compliance" form. This form requests information concerning all actual or potential conflicts of interest involving Interested Persons, their immediate family members and certain entities in which they or their immediate family members have an interest. As new trustees join the Board, new committee members are appointed, new officers are elected, or new employees who are covered under the policy are appointed (if those individuals are not already Interested Persons by reason of holding another of these positions) such individuals are also required to complete the "Disclosure and Compliance" form. In case of an actual or potential conflict of interest, the Museum uses a process at the Executive Committee level to investigate actual or potential conflicts of interest. Following disclosure of an actual or potential conflict, the person or persons involved with the conflict are not permitted to participate in any discussions relevant to determining if a conflict of interest exists. They may, however, be counted in determining the presence of a quorum at a meeting of the Executive Committee at which a conflict is being reviewed and may make a presentation to the Executive Committee to disclose the conflict and answer questions relevant thereto, but must leave the meeting during the discussion of and vote on whether the transaction or arrangement at issue resulted in a conflict of interest. If a conflict does exist, the Policy dictates ensuing steps, including investigating alternatives to the proposed transaction or arrangement and appropriate disciplinary and corrective action. The Museum maintains records concerning investigations of actual and potential conflicts of interest. Form 990, Part VI, Section B, line 15 The Museum's procedures for determining executive compensation include reviewing comparability data, monitoring the competitive market place, and approval by the executive committee of the Board of Trustees. Determining the compensation for the Museum's other officers and employees follows the Museum's compensation policies and practices. This includes reviewing comparability data, considering the competitive market place, and the review and approval by the Museum's executive management. Form 990, Part VI, Section C, line 19 The Museum makes its governing documents, conflict of interest policy and financial statements available to the public upon reasonable request. Part XII, Line 2c The Finance/Audit committee meets annually with the independent CPA firm to review the results of the current audit and internal control recommendations, if any. The Finance/Audit committee also assumes the annual responsibility of approving the selection of the audit firm. There have been no changes in these processes from the prior year. Denver Art Museum Holdings LLC 100 W 14th Avenue Denver CO 80204 846038240 Hold Real Estate CO 1118080 Denver Art Museum DAM Office LLC 100 W 14th Avenue Denver CO 80204 846038240 Hold Real Estate CO 10245999 Denver Art Museum Denver Art Museum Foundation 742496760 Support the activities of the Denver Art Museum CO 501(c)(3) 509(a)(1) N/A 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0