2019-05-14T15:22:55-05:00 2018-12-31 111986323 MARCUM LLP 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 990 2018-01-01 237267983 ANDERSON RANCH ARTS CENTER ANDE 9709233181 PO BOX 5598 SNOWMASS VILLAGE CO 81615 PETER WAANDERS CEO 9709233181 2019-05-14 1 FRANK H SMITH P00639053 2022274000 2019-05-14 47.19.127.190 2019-05-14 15:22:48 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 6B99CC596846389D72FF8F2B1D58952714C72983 2018 2019-02-21 02:37:17Z PETER WAANDERS PO BOX 5598 SNOWMASS VILLAGE CO 81615 8811887 0 X WWW.ANDERSONRANCH.ORG X 1973 CO PROVIDE INSTRUCTION IN THE FINE ARTS FOR 1,200 CHILDREN AND ADULTS ANNUALLY. 23 23 69 26 0 -260 3402582 3537113 1665150 1543816 790321 -12860 110691 142641 5968744 5210710 340523 229000 0 0 2360067 2712463 27980 15000 528320 2508566 2591507 5237136 5547970 731608 -337260 15097623 14228854 187735 146235 14909888 14082619 X ANDERSON RANCH ARTS CENTER (THE RANCH) IS A LEARNING COMMUNITY DEDICATED TO CREATIVITY AND GROWTH THROUGH THE MAKING AND UNDERSTANDING OF THE VISUAL ARTS LOCATED ON FIVE SCENIC ACRES IN SNOWMASS VILLAGE, NEAR ASPEN, COLORADO. WE PROMOTE PERSONAL AND PROFESSIONAL DEVELOPMENT OF ARTISTS OF ALL LEVELS OF EXPERTISE THROUGH YEAR-ROUND WORKSHOPS IN CERAMICS, SCULPTURE, PHOTOGRAPHY, NEW MEDIA, PAINTING AND DRAWING, PRINTMAKING, WOODWORKING, FURNITURE DESIGN AND MORE. OUR ARTISTS' RESIDENCIES FOR EMERGING AND ESTABLISHED ARTISTS, SUMMER INTERNSHIPS, VISITING ARTISTS AND CRITICS, COMMUNITY OUTREACH, AND PUBLIC EVENTS OFFER A FULL SPECTRUM OF OPPORTUNITIES TO CREATIVE PEOPLE OF ALL LEVELS. THE FACILITIES FEATURE FULLY-EQUIPPED ART STUDIOS AND GALLERIES. THE RANCH'S PROGRAMS AND ACTIVITIES, INCLUDING ART AUCTIONS AND ARTIST SLIDE LECTURES ATTRACT THOUSANDS OF ARTISTS, ART-LOVERS, STUDENTS, FACULTY AND PATRONS ANNUALLY TO THIS HISTORIC ROCKY MOUNTAIN RANCH DEDICATED TO THE FINE ARTS. 0 0 2410016 229000 1496298 WORKSHOPS - WE OFFER OVER 150 WORKSHOPS TO A WIDE RANGE OF STUDENTS, ALL TAUGHT BY WELL-KNOWN ARTISTS. WE OFFER SCHOLARSHIP ASSISTANCE TO ROUGHLY 20% OF OUR STUDENTS. OUR WORKSHOPS ARE DISTINGUISHED BY ACCESSIBILITY AND DIVERSITY, AND WE OFFER WORKSHOPS IN CERAMICS, PAINTING, PRINTMAKING, SCULPTURE, PHOTO, DIGITAL MEDIA, AND WOODWORKING. 708991 316864 SERVICES - WE PROVIDE A DORMITORY, A CAFE, AND AN ART SUPPLIES STORE FOR OUR STUDENTS. WE ALSO SUPPLY FOOD AND HOUSING FOR OUR VISITING FACULTY. IN ADDITION, WE PROVIDE AN ART GALLERY FOR OUR STUDENTS AND FACULTY TO SHOW THEIR ARTWORK. 25374 47518 RESIDENCY - THE RANCH IS COMMITTED TO CHANGING LIVES THROUGH ART AND SERVING THE GREATER COMMUNITY IN THE ROARING FORK VALLEY WHERE WE ARE LOCATED. WHILE THERE ARE A VARIETY OF PUBLIC PROGRAMS THAT TAKE PLACE ONSITE, THE RANCH MAKES AN EFFORT TO EXTEND ITS REACH BEYOND THE BORDERS OF OUR CAMPUS FROM ASPEN TO GLENWOOD SPRINGS AND BEYOND. THE PURPOSE OF THE RANCH'S OUTREACH PROGRAM IS TO SERVE THE LOCAL GEOGRAPHIC COMMUNITY OF ARTISTS AND NON-ARTISTS THROUGH ACCESSIBLE, SUSTAINED PROGRAMMING AND AREA PARTNERSHIPS STRUCTURED TO MEET THE NEEDS OF THE ROARING FORK VALLEY USING THE VISUAL ARTS. 3144381 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 142 0 1 69 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CO X X CARY JUVONEN 9709233181 5263 OWL CREEK ROAD SNOWMASS VILLAGE CO 81615 SUE HOSTETLER VICE CHAIR-UNTIL 10/2018, CHAIR - AS OF 10/2018 1.00 X X 0 0 0 DAVID FUENTE CHAIR - UNTIL 10/2018, TRUSTEE - AS OF 10/2018 1.00 X X 0 0 0 JUDY MANN VICE CHAIR 1.00 X X 0 0 0 ANN COOK SECRETARY 1.00 X X 0 0 0 REGGIE SMITH TRUSTEE - UNTIL 10/2018, TREASURER - AS OF 10/2018 1.00 X X 0 0 0 RONA CITRIN TREASURER - UNTIL 10/2018, TRUSTEE - AS OF 10/2018 1.00 X X 0 0 0 LUCY WOOD BAIRD TRUSTEE 0.50 X 0 0 0 JANICE BECK TRUSTEE 0.50 X 0 0 0 MARIANNE BOESKY TRUSTEE 0.50 X 0 0 0 SARAH HARRELSON TRUSTEE 0.50 X 0 0 0 SAM HARVEY TRUSTEE - UNTIL 03/2018 0.50 X 0 0 0 PHILAE KNIGHT TRUSTEE 0.50 X 0 0 0 ANN KOROLOGOS TRUSTEE 0.50 X 0 0 0 KAREN LORD TRUSTEE 0.50 X 0 0 0 MIKE LYON TRUSTEE 0.50 X 0 0 0 LIZA MAUCK TRUSTEE 0.50 X 0 0 0 BECKY MURRAY TRUSTEE - UNTIL 03/2018 0.50 X 0 0 0 GABRIELA PALMIERI TRUSTEE 0.50 X 0 0 0 ANNE REYES TRUSTEE 0.50 X 0 0 0 CAPERA RYAN TRUSTEE 0.50 X 0 0 0 ALBERT SANFORD TRUSTEE 0.50 X 0 0 0 NANCY STEVENS TRUSTEE - UNTIL 03/2018 0.50 X 0 0 0 ANNE TOBEY TRUSTEE 0.50 X 0 0 0 DAVID WASSERMAN TRUSTEE 0.50 X 0 0 0 MARIE WISE TRUSTEE 0.50 X 0 0 0 ROBIN ZENDELL TRUSTEE 0.50 X 0 0 0 NANCY WILHELMS EXECUTIVE DIRECTOR - UNTIL 10/2018 40.00 X 233054 0 20275 ANDREA WALLACE ASSOCIATE DIR AND INTERIM DIRECTOR - AS OF 10/2018 40.00 X 131253 0 11804 KAITLIN WINDLE CONTROLLER - UNTIL 06/2018 40.00 X 83491 0 3562 CARY JUVONEN CONTROLLER - AS OF 07/2018 40.00 X 48125 0 4262 DOUG CASEBEER ASSOCIATE DIRECTOR - UNTIL 09/2018 40.00 X 125545 0 5343 621468 0 45246 3 0 1 0 0 1434246 6000 2096867 935232 3537113 TUITION 900099 1496298 1496298 PROGRAM FEES 900099 47518 47518 1543816 154963 154963 2810691 2978514 -167823 -167823 -167823 36130 1434246 351251 -315121 -315121 726219 271412 454807 316864 137943 MISCELLANEOUS 900099 2955 2955 2955 5210710 1860680 0 -187083 229000 229000 535825 169157 202681 163987 1814689 979020 666104 169565 32573 32573 166330 81009 73286 12035 163046 42636 110853 9557 7671 7671 41808 41808 15000 15000 6792 6792 533711 337054 182900 13757 133718 100860 7889 24969 458803 279844 147934 31025 51366 2648 48281 437 275601 209081 66520 219421 141316 41729 36376 3986 2491 527 968 247 247 292149 217018 75131 104909 104909 ART SUPPLIES 289403 250160 39243 FACULTY HOUSING 72139 72139 FOOD & BEVERAGES 56507 28440 17795 10272 TAXES 23779 23779 19497 2508 15860 1129 5547970 3144381 1875269 528320 1164548 885462 235484 235719 651508 536094 15954 1808 241535 272658 11219147 7004845 4222907 4214302 8581641 8066857 15097623 14228854 180670 117742 7065 28493 187735 146235 X 6449466 6268775 0 0 8460422 7813844 14909888 14082619 15097623 14228854 -337260 -490009 0 X 0 1 X 1 0 X X X X 1 7808079 265424 -489064 161958 7422481 7151870 180530 800371 324692 7808079 6680038 579549 158001 265718 7151870 5614761 1440542 -119321 255944 6680038 5787949 85404 -24154 234438 5614761 1.00000 1 0 248045 248045 8425640 4935835 3489805 2545462 2069010 476452 4214302 X 5131561 -490009 23989 622663 156643 4974918 6792 229000 235792 5210710 5958830 23989 622663 646652 5312178 6792 229000 235792 5547970 PART III, LINE 1A: THE RANCH ACQUIRES ITS COLLECTIONS, WHICH INCLUDE VARIOUS WORKS OF ART, PRIMARILY BY DONATION OR LOAN, AS WELL AS BY OCCASIONAL PURCHASES. COLLECTIONS ARE HELD FOR PUBLIC EXHIBITION, EDUCATION OR RESEARCH. EACH OF THE ITEMS IS CATALOGUED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE CONTINUOUSLY PERFORMED. THE COLLECTIONS ARE NOT RECOGNIZED AS ASSETS IN 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 OR AS TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED IN THE STATEMENT OF FINANCIAL POSITION. PROCEEDS FROM DE-ACCESSION OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. PART III, LINE 4: THE ART DONATIONS THE RANCH RECEIVES ARE SOLICITED BY THE DEVELOPMENT AND EVENTS TEAM AT THE RANCH'S FUNDRAISING EVENTS. THE ART DONATIONS ARE HELD FOR PUBLIC EXHIBITION, EDUCATION, AND RESEARCH FOR THE ART STUDENTS WHO ATTEND CLASSES AT THE RANCH. PART V, LINE 4: THE PRIMARY USE OF ENDOWMENT FUNDS SCHOLARSHIP ARE TO SUPPORT ARTIST ENDEAVORS THROUGH RESIDENCY PROGRAMS AND SCHOLARSHIP PROGRAMS. PART X, LINE 2: THE RANCH HAS EVALUATED ITS UNCERTAINTY IN INCOME TAXES FOR THE YEAR ENDED DECEMBER 31, 2018, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 271,412. SPECIAL EVENTS EXPENSE 351,251. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 229,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 271,412. SPECIAL EVENTS EXPENSE 351,251. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 229,000. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 IN THE RANCH'S GENERAL REGISTRATION INFORMATION, IT IS PUBLISHED THAT ANDERSON RANCH ACCEPTS ALL PERSONS REGARDLESS OF RACE, COLOR, NATIONAL ORIGIN, GENDER, SEXUAL ORIENTATION OR RELIGION. SCHEDULE E, PART I, LINE 4 WE SEND OUT AN OPTIONAL SURVEY TO STUDENTS WHICH INCLUDES A QUESTION ON RACE, IT IS NOT OBLIGATORY TO RESPOND. IT IS FOR OUR TRACKING PURPOSES ONLY. SCHEDULE E, PART I, LINE 6 THE RANCH RECEIVED A GRANT FROM THE CITY OF ASPEN IN THE AMOUNT OF $6,000 DURING THE YEAR ENDED DECEMBER 31, 2018. X X X 1 ASPEN LEADERSHIP GROUP PO BOX 1212 ASPEN CO 81612 GENERAL FUNDRAISING CONSULTING 0 0 15000 -15000 15000 -15000 CO AUCTION 232211 227706 4505 289 21551 4848 63124 RECOGNITION DINNER 1238165 1206540 31625 16241 154135 2090 88973 1470376 1434246 36130 16530 175686 6938 152097 351251 -315121 1 PROGRAM SCHOLARSHIPS 380 229000 PART I, LINE 2: THE GRANTS AWARDED BY THE RANCH ARE PRIMARILY FOR REDUCTIONS IN THE FULL PRICE OF THE ART CLASSES AND OTHER SERVICES. AS SUCH, THE RANCH DOES NOT HAVE A NEED TO SELF-MONITOR THE SPENDING. X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 NANCY WILHELMS EXECUTIVE DIRECTOR - UNTIL 10/2018 183054 0 50000 0 0 0 13151 0 7124 0 253329 0 0 0 PART I, LINE 1A DOUG CASEBEER WAS PROVIDED, AS PART OF HIS OVERALL COMPENSATION PAYMENTS EACH MONTH, A $2,000 PER MONTH HOUSING ALLOWANCE. THIS WAS ORIGINALLY EFFECTIVE FROM 1/1/2018 THROUGH 9/30/2019, BUT ENDED ON OCTOBER 1ST, 2018 WHEN HE BECAME AN INDEPENDENT CONTRACTOR TO THE RANCH. PART I, LINE 7 BONUSES RECEIVED BY EMPLOYEES WERE PAID BASED ON PERFORMANCE OF DUTIES AS WELL AS OTHER DISCRETIONARY CRITERIA. DURING THE YEAR ENDED DECEMBER 31, 2018, NANCY WILHELMS RECEIVED A BONUS OF $50,000, ANDREA WALLACE RECEIVED A BONUS OF $15,700, KAITLIN WINDLE RECEIVED A BONUS OF $5,000, AND DOUG CASEBEER RECEIVED A BONUS OF $17,800. X 217 848260 ESTIMATED FMV 0 1 0 PART I, COLUMN (B): THE TOTAL REPRESENTED IN PART I, COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS THAT WERE RECEIVED FOR THE YEAR ENDED DECEMBER 31, 2018. FORM 990, PART VI, SECTION B, LINE 11B THE FEDERAL FORM 990 IS PREPARED BY OUR INDEPENDENT ACCOUNTING FIRM, MARCUM LLP. AFTER THE RETURN IS PREPARED, THE DRAFT VERSION OF THE FEDERAL FORM 990 IS DISTRIBUTED TO AND REVIEWED BY THE CONTROLLER, PRESIDENT AND CEO, AND THE CHAIR OF THE BOARD OF TRUSTEES PRIOR TO BEING SUBMITTED TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH OFFICER, TRUSTEE, KEY EMPLOYEE, OR MEMBER OF A BOARD COMMITTEE SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE POLICY; B. HAS READ AND UNDERSTOOD THE POLICY; C. HAS AGREED TO COMPLY WITH THE POLICY, AND; D. UNDERSTANDS THAT THE RANCH IS A CHARITABLE ORGANIZATION AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE TRUSTEES AND/OR MEMBERS OF A BOARD COMMITTEE CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OF TRUSTEES MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING TRUSTEES OR BOARD COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE AND BOARD CHAIR. THE RANCH HAS IMPLEMENTED A COMPENSATION COMMITTEE AND LAST CONDUCTED A BENCHMARKING STUDY DURING 2017. FORM 990, PART VI, SECTION C, LINE 19 THE RANCH MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND FEDERAL FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST.