2019-10-01T15:01:09-05:00 2018-12-31 480573184 REGIER CARR & MONROE LLP 300 W DOUGLAS AVE STE 900 WICHITA KS 672022914 990 2018-01-01 480616251 MARK ARTS INC MARK 3166342787 1307 N ROCK RD WICHITA KS 672061203 KATY DORRAH EXECUTIVE DIRECTOR 3166342787 2019-09-27 1 LAURA LEHMER P01252614 3162642335 2019-09-27 64.88.174.3 2019-09-27 11:34:48 CD P 0A8E55678B7B83B4EC5760EDEE9C0368C65AAAD9 35D441AFB58CD45FA0B77D4A9111F6638CFFDD67 2018 2020-01-14 16:20:31Z KATY DORRAH 1307 N ROCK RD WICHITA KS 672061203 2493039 0 X WWW.MARKARTSKS.COM X 1920 KS ACQUIRE EXHIBIT AND DISPLAY WORKS OF ART AND CONDUCT SCHOOLS OF ART TO BENEFIT THE COMMUNITY. 25 25 75 130 4933 11231 3410109 539851 546023 846794 138464 54563 -55883 39491 4038713 1480699 0 0 0 0 588758 557181 0 0 338868 1157913 1316288 1746671 1873469 2292042 -392770 24195312 21764580 1891743 152432 22303569 21612148 TO BE A VIBRANT ARTS HUB IN WICHITA AND THE REGION BY PROVIDING OPPORTUNITIES TO APPRECIATE AND CREATE ART IN AN ATMOSPHERE OF LIFELONG LEARNING. 0 0 554452 321342 EDUCATION - YEAR ROUND ART CLASSES, WORKSHOPS & CAMPS ARE PROVIDED FOR ADULTS AND CHILDREN. SEVERAL WORKSHOPS ARE TAUGHT BY VISITING ARTISTS. APPROX. 2,300 STUDENTS PARTICIPATE IN CLASSES EACH YEAR IN NINE STUDIOS: 2 FOR DRAWING/PAINTING, CERAMICS, SCULPTURE, METALS, PRINTMAKING, YOUTH, DIGITAL ARTS & CULINARY ARTS. 506672 523926 GALLERY - THE ART GALLERIES ARE FREE AND OPEN TO THE PUBLIC WITH APPROXIMATELY 21 DIFFERENT EXHIBITS SHOWN ANNUALLY AND SEVERAL THOUSAND VISITORS EACH YEAR. GALLARY SPACES INCLUDE THE WIEDEMANN GALLERY, SCHOOL OF CREATIVITY COMMONS, YOUTH GALLERY, AND PORTRAIT GALLERY IN THE GREAT HALL. 1061124 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 92 0 75 1 1 1 0 0 0 0 1 1 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 1 1 0 X X THE ORGANIZATION 3166342787 1307 N ROCK RD WICHITA KS 672061203 DAVID BENGTSON PRESIDENT 1.00 X X 0 0 0 CHRIS GOMEZ VICE PRESIDENT 1.00 X X 0 0 0 SUSAN ADDINGTON SECRETARY 1.00 X X 0 0 0 MARK EATON TREASURER 1.00 X X 0 0 0 BRANDON BAKER TRUSTEE 1.00 X 0 0 0 KARLA FAZIO TRUSTEE 1.00 X 0 0 0 CHRIS BRUNNER TRUSTEE 1.00 X 0 0 0 JANICE VAN SICKLE TRUSTEE 1.00 X 0 0 0 VINCENT FARHA TRUSTEE 1.00 X 0 0 0 KATHY GALICHIA TRUSTEE 1.00 X 0 0 0 HELEN GALLOWAY TRUSTEE 1.00 X 0 0 0 POLLY GENTRY TRUSTEE 1.00 X 0 0 0 KATHY KNORR TRUSTEE 1.00 X 0 0 0 ANNIE KOCH TRUSTEE 1.00 X 0 0 0 MARIANNE MISKO TRUSTEE 1.00 X 0 0 0 DARA GEOFFROY TRUSTEE 1.00 X 0 0 0 EMILY KILGROE TRUSTEE 1.00 X 0 0 0 TRACI PICKERT TRUSTEE 1.00 X 0 0 0 TERRY RICHARDS TRUSTEE 1.00 X 0 0 0 DOT SHANNON TRUSTEE 1.00 X 0 0 0 DOUG PRINGLE TRUSTEE 1.00 X 0 0 0 BECKY S TURNER TRUSTEE 1.00 X 0 0 0 FRAN BRUCK TRUSTEE 1.00 X 0 0 0 MICHELLE NAFTZGER TRUSTEE 1.00 X 0 0 0 JANEL RAZOOK TRUSTEE 1.00 X 0 0 0 KATY DORRAH EXECUTIVE DIRECTOR 40.00 X 136350 0 0 136350 0 0 1 0 0 0 0 136900 151207 251744 78458 539851 GALLERY SALES 900099 525452 525452 ART SCHOOL TUITION 611600 321342 321342 846794 53545 53545 285655 9766 289267 13452 -3612 -3686 -7298 -7298 636208 635190 1018 1018 1018 110515 151207 74431 36084 36084 PREFERRED VENDOR INCOM 900099 12231 12231 MISCELLANEOUS REVENUE 900099 -1526 -1526 10705 1480699 845268 4933 90647 136350 83174 36814 16362 380472 205430 118128 56914 40359 22349 12121 5889 1126 1126 46994 14512 25365 7117 109752 58105 7895 43752 12792 7798 2564 2430 44268 31905 7933 4430 94988 39625 31910 23453 5791 4782 411 598 36831 3400 1803 31628 317107 210531 87379 19197 37252 23602 13456 194 MAINTENANCE 203548 77283 48684 77581 COMMISSIONS 177323 177323 0 MISCELLANEOUS 80325 35789 13432 31104 GIFTS-IN-KIND 77159 14971 62188 71032 50545 2268 18219 1873469 1061124 473477 338868 461175 577452 2589251 1311941 10727 1168 2772 970 29576 34299 16335605 493380 16207494 15842225 4192338 3391478 701979 605047 24195312 21764580 1827749 61921 63994 90511 1891743 152432 X 17638465 19682421 3600261 864884 1064843 1064843 22303569 21612148 24195312 21764580 -392770 -298651 0 X X 0 1 X 1 0 X 360531 4267110 9909934 2958417 388644 17884636 360531 4267110 9909934 2958417 388644 17884636 9201147 8683489 133958 176201 369150 142038 58777 880124 307652 307652 19072412 0.45530 0.46300 X X X 1 4830566 2146091 -214306 2787671 30228 3944452 10417434 3425514 498487 9491355 19514 4830566 6215070 7507743 323822 3622545 6656 10417434 4002041 2669488 -192377 263782 300 6215070 4085413 136929 205862 14439 4002041 0.72000 0.18000 0.10000 0 0 2290000 2290000 13681273 409231 13272042 364332 84149 280183 15842225 X 1559198 -298651 377150 78499 1480699 0 1480699 2250619 377150 377150 1873469 0 1873469 PART III, LINE 1A: IN CONFORMITY WITH THE PRACTICE FOLLOWED BY MANY ART GALLERIES, ART OBJECTS PURCHASED AND DONATED ARE NOT CAPITALIZED IN THE ACCOUNTING RECORDS OR INCLUDED IN THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS REDUCE NET ASSETS IN THE PERIOD WHEN PURCHASED. PROCEEDS FROM SALES OR INSURANCE RECOVERIES ARE RECORDED AS INCREASES IN NET ASSETS WHEN RECEIVED. MARK ARTS HAS A SIGNIFICANT COLLECTION CONSISTING OF LARGE EUROPEAN PAINTS; AMERICAN ARTISTS AND ARTISANS COMPLETE THE COLLECTION WITH PIECES OF DECORATIVE ART PURCHASED AT THE BIANNUAL WICHITA NATIONAL SHOW. MARK ARTS FOLLOWS AN ACCESSIONING SYSTEM PRESCRIBED BY THE AMERICAN MUSEUM ASSOCIATION TO ACCOUNT FOR THE COLLECTION. MARK ARTS EMLOYS A CURATOR TO ENSURE THAT THE COLLECTION IS PROTECTED AND PRESERVED. PART III, LINE 4: THE COLLECTION CONSISTS OF AMERICAN AND EUROPEAN PAINTINGS AND DECORATIVE ART BY AMERICAN ARTISTS. THIS FURTHERS MARK ARTS'S PURPOSE TO IMPROVE UNDERSTANDING OF VISUAL ARTS AND EXPAND AESTHETIC APPRECIATION. PART X, LINE 2: THE ORGANIZATION IS ORGANIZED AS A KANSAS NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3). THE ORGANIZATION IS QUALIFIED TO RECEIVE DEDUCTIBLE CHARITABLE CONTRIBUTIONS UNDER SECTION 170(B)(1)(A)(VI) AND (VIII), AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER SECTIONS 509(A)(1) AND (3). THE ORGANIZATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE ORGANIZATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSES. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING COSTS RENTAL EXPENSES PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING COSTS RENTAL EXPENSES VS 116781 94232 22549 2895 24485 DESIGNING WOMEN 98660 48082 50578 3729 32947 2 46281 8893 37388 53 10322 261722 151207 110515 2895 3782 67754 74431 36084 X 1300 FAIR MARKET VALUE X MISCELLANEOUS 0 76887 FAIR MARKET VALUE X SUPPLIES 0 271 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B DECISIONS MADE BY SUBCOMMITTEES ARE SUBJECT TO BOARD APPROVAL. CONSEQUENTLY, THESE DECISIONS WILL BE DOCUMENTED IN THE MINUTES OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED FOR REVIEW TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES AND TRUSTEES ARE REQUIRED TO SIGN A FORM INDICATING THEIR CONFLICT OF INTEREST OR LACK THEREOF. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE DIRECTOR SALARY IS DETERMINED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON VERBAL OR WRITTEN REQUEST. FORM 990, PART XII, LINE 2C: THE FINANCE COMMITTEE SELECTS THE INDEPENDENT ACCOUNTANT TO PERFORM THE AUDIT AND THEY REVIEW THE AUDITED FINANCIALS BEFORE ISSUANCE.