2018-10-01T14:59:57-05:00 2017-12-31 480573184 REGIER CARR & MONROE LLP 300 W DOUGLAS AVE STE 900 WICHITA KS 672022914 990 2017-01-01 480616251 MARK ARTS INC MARK 3166342787 1307 N ROCK RD WICHITA KS 672061203 KATY DORRAH EXECUTIVE DIRECTOR 3166342787 2018-10-01 1 LAURA LEHMER P01252614 3162642335 2018-10-01 64.88.174.3 2018-10-01 14:58:05 CD P FAE3BA6313D1EE04138897325D1010FCB20DC348 947EC26AF6F4D6D10FD11A96AB7191A2A188988E 2017 2018-06-14 16:35:46Z KATY DORRAH 1307 N ROCK RD WICHITA KS 672061203 7356818 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 48 184 0 0 10054567 3410109 1925948 546023 639268 138464 71134 -55883 12690917 4038713 0 0 0 0 529370 588758 0 0 736200 928401 1157913 1457771 1746671 11233146 2292042 19735397 24195312 73772 1891743 19661625 22303569 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 327277 168299 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. 293057 394292 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. 620334 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 1 0 0 0 0 0 0 0 1 47 0 48 1 0 0 0 0 0 1 1 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 KARLA FAZIO PRESIDENT 1.00 X X 0 0 0 JANICE VAN SICKLE VICE PRESIDENT 1.00 X X 0 0 0 SUSAN ADDINGTON SECRETARY 1.00 X X 0 0 0 WILLIAM TINKER TREASURER 1.00 X X 0 0 0 BRANDON BAKER TRUSTEE 1.00 X 0 0 0 DAVID BENGTSON TRUSTEE 1.00 X 0 0 0 CHRIS BRUNNER TRUSTEE 1.00 X 0 0 0 SHANNAN DEVLIN 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 PRISCILLA O'SHAUGHNESSY TRUSTEE 1.00 X 0 0 0 REBECCA BUNTING 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 MILT DOUGHERTY TRUSTEE 1.00 X 0 0 0 DOT SHANNON TRUSTEE 1.00 X 0 0 0 MARK EATON TRUSTEE 1.00 X 0 0 0 CHRIS GOMEZ 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 127200 0 0 127200 0 0 1 0 0 0 DONDLINGER CONSTRUCTION 2656 S SHERIDAN WICHITA KS 67201 CONSTRUCTION 8519542 ALLOY ARCHITECTURE 3500 N ROCK RD WICHITA KS 67226 ARCHITECTURE 140487 2 106203 451692 2852214 58136 3410109 GALLERY SALES 900099 377724 377724 ART SCHOOL TUITION 611600 168299 168299 546023 100955 100955 41083 0 41083 41083 41083 3095967 3750 3033943 28265 62024 -24515 37509 -24515 62024 158931 451692 255897 -96966 -96966 4038713 562591 0 66013 127200 77592 34344 15264 420357 218791 80420 121146 41201 22857 8170 10174 3400 3400 44331 44331 69094 36808 6053 26233 8442 3774 4668 32206 20462 3259 8485 89671 43615 21151 24905 4045 3847 168 30 9037 7029 1538 470 78473 42399 30553 5521 38888 9166 24484 5238 MAINTENANCE 521710 25575 24112 472023 MISCELLANEOUS 116252 27157 49371 39724 GIFTS-IN-KIND 58135 3299 54836 0 COMMISSIONS 35110 35110 49119 42853 2679 3587 1746671 620334 390137 736200 93557 461175 3337118 2589251 8767 10727 26936 2772 29576 16300751 93257 5860129 16207494 9773863 4192338 635027 701979 19735397 24195312 63987 1827749 9785 63994 73772 1891743 X 10358075 17638465 8244148 3600261 1059402 1064843 19661625 22303569 19735397 24195312 2292042 349902 0 X X 0 1 X 1 0 X 276198 360531 4267110 9909934 2958417 17772190 276198 360531 4267110 9909934 2958417 17772190 9100716 8671474 133972 133958 176201 369150 142038 955319 18727509 0.46300 0.50810 X X X 1 10417434 3425514 498487 9491355 19514 4830566 6215070 7507743 323822 3622545 6656 10417434 4002041 2669488 -192377 263782 300 6215070 4085413 136929 205862 14439 4002041 3831205 300165 12245 33712 4085413 0.59000 0.22000 0.19000 0 0 2290000 2290000 13695348 58527 13636821 315403 34730 280673 16207494 X 4839512 349902 195000 255897 800799 4038713 0 4038713 2197568 195000 255897 450897 1746671 0 1746671 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 PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING COSTS MIDNIGHT @ MARK ARTS 408783 356180 52603 66223 50000 70314 VS 88189 65653 22536 1042 9195 2 113651 29859 83792 18462 40661 610623 451692 158931 85727 50000 120170 255897 -96966 X 3000 FAIR MARKET VALUE X SUPPLIES 0 21751 FAIR MARKET VALUE X MISCELLANEOUS 0 18348 FAIR MARKET VALUE X AUDIO VISUAL 0 8931 FAIR MARKET VALUE X OFFICE FURNITURE 0 6106 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.