KIRKLAND MUSEUM OF FINE & DECORATIVE ART: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- KIRKLAND MUSEUM OF FINE & DECORATIVE ART (EIN 84-1360133)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-06-20
- IRS object ID
- 201841719349100804
- Schema version
- 2017v2.2
- 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
- Accounting Fees Schedule
- General Explanation Attachment
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
- Transfers Frm Controlled Entities
- Transfers To Controlled Entities
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-06-20T15:52:31-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Kundinger Corder & Engle PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 475 Lincoln St Ste 200 | AddressLine1Txt |
| City | Denver | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80203 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 841360133 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIRKLAND MUSEUM OF FINE & DECORATIVE | BusinessNameLine1Txt |
| Business Name Line2 | ART | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KIRK | BusinessNameControlTxt |
| Phone | 3038328576 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1201 Bannock Street | AddressLine1Txt |
| City | Denver | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80204 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Hugh A Grant | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 3038394610 | PhoneNum |
| Signature | 2018-06-20 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Laurie Anderson | PreparerPersonNm |
| PTIN | P01416697 | PTIN |
| Phone | 3035345953 | PhoneNum |
| Preparation | 2018-06-20 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $6,724,784 | 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 | $576,508 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $48,346 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $48,346 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $48,346 | InterestOnSavingsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $376,351 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,233,984 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $380,836 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $5,590 | NetSTCapitalGainAdjNetIncmAmt |
| Gross Sales Less Ret And Allwnc | $687 | GrossSalesLessRetAndAllwncAmt |
| Cost Of Goods Sold | $33,419 | CostOfGoodsSoldAmt |
| Gross Profit Rev And Expnss | -$32,732 | GrossProfitRevAndExpnssAmt |
| Gross Profit Adj Net Incm | -$32,732 | GrossProfitAdjNetIncmAmt |
| Other Income Rev And Expnss | $10,093 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $10,093 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $978,566 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $429,182 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $31,297 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $106,228 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $106,228 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $285,656 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $285,656 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $122,209 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $122,209 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $12,683 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $12,683 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $4,821 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $4,821 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $73,331 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $73,331 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $2,045 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $45 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $7,545 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $35,859 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $0 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $35,859 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $2,705 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $2,705 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $583,961 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $583,961 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,237,043 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,227,498 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,237,043 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,227,498 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$258,477 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $429,182 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $31,297 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $429,487 | CashBOYAmt |
| Cash EOY | $749,002 | CashEOYAmt |
| Cash EOYFMV | $749,002 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $6,158,281 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $5,039,110 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $5,029,032 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $56 | PrepaidExpensesBOYAmt |
| Land Bldg Equip Cost Or Other Bss | $949,409 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $7,545 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $405,780 | LandBOYAmt |
| Land EOY | $941,864 | LandEOYAmt |
| Land EOYFMV | $941,864 | LandEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $4,886 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $4,886 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $6,993,604 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,734,862 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,724,784 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $1,299 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $1,034 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $1,299 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,034 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $6,992,305 | RetainedEarningBOYAmt |
| Retained Earning EOY | $6,733,828 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $6,992,305 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,733,828 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $6,993,604 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,734,862 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $6,992,305 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$258,477 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $6,733,828 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $6,733,828 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| Vanguard Mutual Fund | P | 2017-06-20 | 2017-08-23 | $444,000 | $442,895 | $1,105 | $1,105 |
| GPK | D | 2017-12-06 | 2017-12-07 | $6,049 | $1,564 | $4,485 | $4,485 |
| 1291 Pearl Street | P | 2008-09-25 | 2017-10-03 | $783,935 | $408,689 | $375,246 | $375,246 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $380,836 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $5,590 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,372,187 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $6,965,919 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.196986 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,091,709 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $684,327 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 3.056593 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,007,395 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $405,774 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 2.482650 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,080,985 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $341,675 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 3.163781 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,147,414 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $321,486 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 3.569095 | DistributionYr5Rt |
| Total Distribution | 12.469105 | TotalDistributionRt |
| Average Distribution | 2.493821 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $6,122,833 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $15,269,250 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $4,292 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $15,273,542 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,176,907 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $8,584 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $8,584 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $8,584 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $7,572 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $7,572 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $25 | EsPenaltyAmt |
| Tax Due | $1,037 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CO | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (1) | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (1) | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | www.kirklandmuseum.org | WebsiteAddressTxt |
| Individual With Books | Joel Ours | IndividualWithBooksNm |
| Phone | 3038394610 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 44 Cook Street Ste 200 | AddressLine1Txt |
| City | Denver | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80206 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Hugh Grant | ||||||||
| 1201 Bannock Street | Denver | CO | 80204 | President | 40.00 | $0 | $0 | $0 |
| Merle C Chambers | ||||||||
| 44 Cook Street Ste 200 | Denver | CO | 80206 | Vice President | 4.00 | $0 | $0 | $0 |
| Ronald L Kahler | ||||||||
| 1201 Bannock Street | Denver | CO | 80204 | Treasurer | 1.00 | $0 | $0 | $0 |
| Joy Hall | ||||||||
| 44 Cook Street Ste 200 | Denver | CO | 80206 | Assistant Treasurer | 8.00 | $0 | $0 | $0 |
| Sally W Leibbrandt | ||||||||
| 44 Cook Street Ste 200 | Denver | CO | 80206 | Secretary | 12.00 | $0 | $0 | $0 |
| Gerald Horner | ||||||||
| 1201 Bannock Street | Denver | CO | 80204 | Deputy Director & Secretary | 40.00 | $64,847 | $4,548 | $540 |
| Maya Wright | ||||||||
| 1201 Bannock Street | Denver | CO | 80204 | Edu Mgr, Historian & Asst Secretary | 40.00 | $41,381 | $8,996 | $360 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Chris Herron | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1201 Bannock Street | AddressLine1Txt |
| City | Denver | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Collections Mgr. & D | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 36.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $55,654 | CompensationAmt |
| Employee Benefits | $19,416 | EmployeeBenefitsAmt |
| Expense Account | $360 | ExpenseAccountAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | See Statement 11 | Description1Txt |
| Expenses1 | $2,176,907 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $6,216,074 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $6,216,074 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $6,216,074 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $93,241 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $6,122,833 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $306,142 | 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 | $1,227,498 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $949,409 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $2,176,907 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,176,907 | AdjustedQualifyingDistriAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 1996-12-11 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $31,297 | CurrentYearAmt |
| Year1 | $348,296 | Year1Amt |
| Year2 | $34,216 | Year2Amt |
| Year3 | $7,263 | Year3Amt |
| Total | $421,072 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $26,602 | CurrentYearAmt |
| Year1 | $296,052 | Year1Amt |
| Year2 | $29,084 | Year2Amt |
| Year3 | $6,174 | Year3Amt |
| Total | $357,911 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $2,176,907 | CurrentYearAmt |
| Year1 | $1,372,187 | Year1Amt |
| Year2 | $2,091,878 | Year2Amt |
| Year3 | $1,007,395 | Year3Amt |
| Total | $6,648,367 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $300 | Year2Amt |
| Year3 | $300 | Year3Amt |
| Total | $600 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $2,176,907 | CurrentYearAmt |
| Year1 | $1,372,187 | Year1Amt |
| Year2 | $2,091,578 | Year2Amt |
| Year3 | $1,007,095 | Year3Amt |
| Total | $6,647,767 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $204,095 | CurrentYearAmt |
| Year1 | $232,197 | Year1Amt |
| Year2 | $22,811 | Year2Amt |
| Year3 | $13,526 | Year3Amt |
| Total | $472,629 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Hugh Grant | ContributingManagerNm |
| Contributing Manager | Merle C Chambers | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
| Total Grant Or Contri Pd Dur Yr | $0 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Membership Dues And Assmnt MembershipDuesAndAssmntGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $10,093 | RelatedOrExemptFunctionIncmAmt |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $48,346 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $376,351 | ExclusionAmt |
Gross Profit Loss Sls Of Invntry GrossProfitLossSlsOfInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$32,732 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $424,697 | ExclusionAmt |
| Related Or Exempt Function Incm | -$22,639 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $402,058 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 2 | Memberships can be purchased to allow patrons unlimited admission to the Museum on an annual basis. |
| 10 | Sales of postcards, videos, catalogs, and posters educate the public about the life and art of Vance Kirkland and other 20th Century artists. |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (9 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| William Havu Gallery | |||||||
| 1 | 1040 Cherokee Street | Denver | CO | 80204 | $5,000 | Yes (X) | |
| Noel Congdon | |||||||
| 2 | 1201 Bannock Street | Denver | CO | 80204 | $5,000 | Yes (X) | |
| Gary Sisson | |||||||
| 3 | 1201 Bannock Street | Denver | CO | 80204 | $6,049 | Yes (X) | |
| Leslie Hindman Auctioneers | |||||||
| 4 | 1024 Cherokee Street Suite 200 | Denver | CO | 80204 | $5,000 | Yes (X) | |
| Gary Turner | |||||||
| 5 | 1201 Bannock Street | Denver | CO | 80204 | $5,000 | Yes (X) | |
| Evan Makovsky | |||||||
| 6 | 1201 Bannock Street | Denver | CO | 80204 | $5,000 | Yes (X) | |
| Clyfford Still Museum | |||||||
| 7 | 1250 Bannock Street | Denver | CO | 80204 | $5,000 | Yes (X) | |
| Marksohn Charitable Foundation | |||||||
| 8 | 375 N Broadway Suite 320 | Jericho | NY | 11753 | $5,000 | Yes (X) | |
| Merle Chambers Fund | |||||||
| 9 | 44 Cook Street Suite 240 | Denver | CO | 80206 | $500,000 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 3 | ContributorNum |
| Noncash Property | 392 shares of GPK stock | NoncashPropertyDesc |
| Fair Market Value | $6,049 | FairMarketValueAmt |
| Received | 2017-12-06 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Kundinger, Corder & Engle, P.C. | $2,600 | $0 | $0 | $2,600 |
| Paylocity - payroll service | $2,059 | $0 | $0 | $2,059 |
| Rocky Mountain Reserve - payroll service | $162 | $0 | $0 | $162 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| Schedule of Controlled Entities | 990-PF, Line 11 | Pearl 1291, LLCEIN: 26-34080041201 Bannock StreetDenver, CO 80204Transfer to Pearl 1291, LLC for operating expenses: $170,008Transfer from Pearl 1291, LLC realted to sale proceeds: $791,704No excess business holding. |
| Summary of Direct Charitable Activities | Statement 14 | Kirkland Museum of Fine & Decorative Art is dedicated to educating the public about Colorado's and the surrounding region's distinguished art history. The museum is rediscovering, documenting, collecting, preserving and exhibiting the work of Colorado and regional artists, and is concerned with a period from 1820 to about 1990, including a full retrospective of Colorado's distinguished painter, Vance Kirkland (1904-1981). Colorado fine and decorative art is shown in context with a nationally and internationally important decorative art collection from about 1875 to about 1990, with examples of every major design period from Arts & Crafts to Postmodern. The museum serves as a resource to scholars and the general public through exhibitions, the loan of works, public programs, lectures, tours, publications and the assembling of the permanent archives. Since it opened in 2003, the museum has been located at 1311 Pearl Street in the Capitol Hill neighborhood of Denver, Colorado. In January 2014, Kirkland Museum announced plans to move the museum to a new building now under construction at 12th Avenue and Bannock Street in Denver's Golden Triangle Creative District. Vance Kirkland's studio & art school building is the heart of the Kirkland Museum experience and was relocated in November 2016 to be incorporated into the new facility. The museum closed to the public on May 2, 2016 for relocation to its new facility. During 2017 the museum continued to engage the public and its members through events at other venues. The museum also continued its long-term loans of paintings to the City and County of Denver for various facilities. The new facility, which opened in March of 2018, is an opportunity to increase the public's exposure to the museum's three collection areas. |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| Computer hardware | $50,520 | $2,551 | $47,969 | $47,969 |
| Furniture & fixtures | $898,889 | $4,994 | $893,895 | $893,895 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (3 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Bryan Cave LLP | $9,190 | $0 | $0 | $9,190 |
| Fairfield and Woods | $3,024 | $0 | $0 | $3,024 |
| Tuthill & Hughes LLP | $469 | $0 | $0 | $469 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other current assets | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $4,886 | EOYBookValueAmt |
| EOYFMV | $4,886 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (18 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Art framing and restoration costs | $23,536 | $0 | $0 | $23,536 |
| Advertising/public relations | $800 | $0 | $0 | $800 |
| Dues, memberships, subscriptions | $6,491 | $0 | $0 | $6,491 |
| Security | $8,834 | $0 | $0 | $8,834 |
| Volunteer training & support | $417 | $0 | $0 | $417 |
| Furniture, office equipment | $325,255 | $0 | $0 | $325,255 |
| Insurance | $51,790 | $0 | $0 | $51,790 |
| Photography | $701 | $0 | $0 | $701 |
| Postage & shipping | $2,950 | $0 | $0 | $2,950 |
| Banking & license fees | $1,758 | $0 | $0 | $1,758 |
| Computer software and internet costs | $7,870 | $0 | $0 | $7,870 |
| Supplies | $3,932 | $0 | $0 | $3,932 |
| Printing & graphic design | $11,399 | $0 | $0 | $11,399 |
| Repairs & maintenance | $20,708 | $0 | $0 | $20,708 |
| Miscellaneous | $3,591 | $0 | $0 | $3,591 |
| Equipment leasing | $5,366 | $0 | $0 | $5,366 |
| Website | $6,788 | $0 | $0 | $6,788 |
| Collection moving expense | $101,775 | $0 | $0 | $101,775 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Membership Dues and Assessments | Desc |
| Revenue And Expenses Per Books | $10,093 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $10,093 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Other consulting | CategoryTxt |
| Amt | $73,331 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $73,331 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Property tax | $45 | $0 | $0 | $45 |
| Estimated excise tax | $2,000 | $0 | $0 | $0 |
Transfers Frm Controlled Entities TransfersFrmControlledEntities
Transfers From Controlled Ent TransfersFromControlledEntGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Pearl 1291 LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1201 Bannock Street | AddressLine1Txt |
| City | Denver | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 263408004 | EIN |
| Desc | 1291 Pearl sale proceeds from Pearl 1291, LLC. | Desc |
| Amt | $15,035 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $791,704 | TotalAmt |
Transfers To Controlled Entities TransfersToControlledEntities
Transfers To Controlled Ent TransfersToControlledEntGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Pearl 1291 LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1201 Bannock Street | AddressLine1Txt |
| City | Denver | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 263408004 | EIN |
| Desc | Transfer to Pearl 1291, LLC for operating expenses. | Desc |
| Amt | $15,035 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,035 | TotalAmt |
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