2018-09-25T11:53:37-07:00 2017-12-31 421173624 WINTHER STAVE & CO LLP 1316 W 18TH ST PO BOX 175 SPENCER IA 513010175 990 2017-01-01 420930815 PEARSON LAKES ART CENTER PEAR 7123327013 2201 HIGHWAY 71 PO BOX 255 OKOBOJI IA 51355 ROBERT KIRSCHBAUM CEO 2018-09-25 true JOHN P TOALE P01405645 7122623117 2017 2018-06-14 16:35:46Z MORRIS CAUDLE 9611 OAK CIR OMAHA NE 68124 1558913 false false X WWW.lakesart.org X 1966 IA The Organization exists to excite, engage and serve communities within the Iowa Great Lakes Region through our collections, exhibitions, performances, and educational programs; a non-profit center connecting generations of people through exceptional arts experiences. 14 14 15 100 0 210196 700656 226417 223086 202999 506646 93528 100132 733140 1530520 0 0 275003 319677 0 0 481981 511383 756984 831060 -23844 699460 7955222 8677871 87502 110691 7867720 8567180 The Organization exists to excite, engage and serve communities within the Iowa Great Lakes Region through our collections, exhibitions, performances, and educational programs; a non-profit center connecting generations of people through exceptional arts experiences. false false 586354 223086 THE PEARSON LAKES ART CENTER OPERATES MULTIPLE VISUAL ARTS GALLERIES, A PERFORMING ARTS THEATER AND AN ARTS EDUCATIONAL CENTER THAT OFFERS PROGRAMS, CLASSES, LECTURES, PERFORMANCES AND EXHIBITS ON A YEAR ROUND BASIS. THE ACTIVITIES ACHIEVE THE GOAL OF EXPOSING THE VISUAL AND PERFORMING ARTS TO THE GENERAL PUBLIC IN NORTHWEST IOWA. 586354 true true false false false false false true false true true false false true true false true false false false false false false false true false false false false false false false false false false false false false false false false true true false false false false false false false true 24 0 true 15 true false false false false false false true true false 0 false false false false false false false false false false X 14 14 false false false false true false false true true false false true true true true false true true false false X X Juli Johnson 7123327013 2201 HIGHWAY 71 OKOBOJI IA 51355 X JOAN GRONSTAL DIRECTOR 1.00 0.00 X 0 0 0 ABBY WALLECK DIRECTOR 1.00 0.00 X 0 0 0 MARILYN CONOVER Director 1.00 0.00 X 0 0 0 BRAD TRAVIS DIRECTOR 1.00 0.00 X 0 0 0 KATHY BEACHEM Director 1.00 0.00 X 0 0 0 ROSEMARIE WARD Director 1.00 0.00 X 0 0 0 DENNIS WALKER Director 1.00 0.00 X 0 0 0 BECKY PETERS Director 1.00 0.00 X 0 0 0 CONNIE FINNERN DIRECTOR 1.00 0.00 X 0 0 0 TRISTA MCCAFFERY DIRECTOR 1.00 0.00 X 0 0 0 ROB OLDSON Director 1.00 0.00 X 0 0 0 DEB DITSWORTH Treasurer 1.00 0.00 X 0 0 0 DAN CARSON President-elect 1.00 0.00 X 0 0 0 MORRIS CAUDLE President 1.00 0.00 X 0 0 0 ROBERT KIRSHBAUM CEO 48.00 0.00 X 73344 0 0 73344 0 false false false 0 93417 607239 479667 700656 CLASSES, EXHIBITS, SHOWS 223086 223086 223086 506646 506646 0 0 11195 4410 6785 6785 6785 0 117330 23983 93347 0 0 0 1530520 223086 513431 0 0 0 0 280690 207346 73344 0 0 0 10915 8715 2200 28072 21904 6168 0 0 10761 10761 0 0 12873 12873 0 46936 46936 32898 1961 30937 6590 6590 0 62348 62348 8873 7017 1856 0 0 0 0 170052 170052 0 PROGRAM/EXHIBITS 113745 113745 FACILITY REPAIRS & MAINTENANCE 44921 8678 36243 OTHER EXPENSES 1386 1386 0 831060 586354 244706 0 54730 37003 264720 407689 11500 0 0 0 0 0 0 18518 54637 8284089 3425903 4648826 4858186 1715040 1950544 0 0 0 1241888 1369812 7955222 8677871 31009 40925 56493 69766 87502 110691 X 5147994 5451168 68579 158359 2651147 2957653 7867720 8567180 7955222 8677871 699460 X false true X true false X 402754 342565 561689 323583 817986 2448577 248770 267236 225316 226417 223086 1190825 0 0 0 651524 609801 787005 550000 1041072 3639402 134334 81855 39000 184053 426581 865823 0 134334 81855 39000 184053 426581 865823 2773579 610 539 646 621 1144 3560 0 610 539 646 621 1144 3560 0 0 652134 610340 787651 550621 1042216 3642962 0.76140 0.84510 0.00100 0.00100 X 144795 1506752 X X X false 2651147 446475 127094 12875 2957653 2563381 52500 172477 125190 12021 2651147 2634218 74110 -629 132023 12295 2563381 2613744 6050 154859 128074 12361 2634218 2273260 101000 364998 113669 11845 2613744 1.00000 true false false 26035 26035 5415366 2200474 3214892 1136458 1045146 91312 1706230 180283 1525947 4858186 BENEFICIAL INTEREST IN ENDOWMENT FUNDS 1369812 1369812 UNEARNED MEMBERSHIP DUES AND REVENUES 69766 69766 1546038 28393 28393 1517645 12875 12875 1530520 846578 28393 28393 818185 12875 12875 831060 Part III, Line 4: Description of organization's collections and how it furthers its purpose. THE ORGANIZATION HAS A COLLECTION OF APPROXIMATELY 300 WORKS OF ART. THE ORGANIZATION MAINTAINS 4 SEPARATE GALLERIES AT ITS ART CENTER TO DISPLAY THESE WORKS OF ART ON A ROTATING BASIS AND TO ALSO DISPLAY OTHER TRAVELING EXHIBITS. THE ORGANIZATION'S ART CENTER AND ALL OF ITS GALLERIES ARE FREE AND OPEN TO THE PUBLIC TO VIEW DURING REGULAR BUSINESS HOURS ON A YEAR ROUND BASIS. THE ORGANIZATION HAS A PAID STAFF AND A TEAM OF VOLUNTEERS THAT ARE AVAILABLE DURING REGULAR BUSINESS HOURS TO GIVE TOURS OF THE FACILITY AND ITS 4 GALLERIES. Part V, Line 4: Intended uses of the endowment fund. THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUND IS TO UTILIZE THE EARNINGS OF THE ENDOWMENT FUND TO PROVIDE ONGOING ANNUAL SUPPORT TO FUND THE GENERAL OPERATIONS OF THE ORGANIZATION AND TO FUND AS NEEDED SPECIAL MAINTENANCE and capital improvement PROJECTS. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 RENTAL EXPENSES (facility & bar) $4410 FUNDRAISING EXPENSES $23983 Part XII, Line 2d: Other expenses and losses per audited F/S RENTAL EXPENSES $4410 FUNDRAISING EXPENSES $23983 false JUNE FUNDRAISER 115455 115455 19906 115455 115455 19906 19906 95549 X 11 144795 Appraisal X 1 334872 Market price false true false Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder The Pearson Lakes Art Center offers a variety of memberships to individuals and businesses. It does not have any stockholders. Form 990, Part VI, Line 11b: Form 990 Review Process The finance committee of the board of directors review a draft of Form 990 before it is filed. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The board of directors reviews any conflicts of interest on an as needed basis when matters of potential conflict arise. The organization is subject to an annual audit that inquires about conflicts of interest. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management AN EMPLOYEE EVALUATION IS PERFORMED ANNUALLY ON THE CEO BY INDEPENDENT BOARD MEMBERS. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The board of directors determines the CEO's salary. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available This information can be viewed upon request of the CEO.