2017-12-19T15:21:02-06:00 2017-06-30 560574444 CHERRY BEKAERT LLP 1111 Metropolitan Ave Ste 1000 Charlotte NC 28204 990 2016-07-01 510195015 MCCOLL Center For Art Innovation MCCO 7043325535 721 North Tryon Street Charlotte NC 28202 sandy patrick DIRECTOR OF FINANCE 7043325535 2017-12-13 1 Amanda Adams P00748038 7043771678 38.142.98.34 2017-12-13 13:00:04 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 18694F53AD11E15FFCEA276DE93F63B2E746D691 2016 2018-03-14 21:41:22Z suzanne fetscher 721 North Tryon Street Charlotte NC 28202 1844395 0 X WWW.MCCOLLCENTER.ORG X 1976 NC MCCOLL CENTER DEDICATES ITSELF TO CATAPULTING ARTISTS TO THE LEADING EDGE OF CONTEMPORARY ART BY PROVIDING A STATE-OF-THE-ART FACILITY, A CHALLENGING, DYNAMIC ENVIRONMENT, COLLABORATION AMONG ARTISTS AND THE COMMUNITY, BOLD EXHIBITIONS, AND A STRONG AFFILIATION WITH WORLDWIDE ARTS ORGANIZATIONS. 24 24 22 75 0 0 1546680 1515546 228455 128863 2 0 -4304 15418 1770833 1659827 0 0 0 0 1181548 988614 0 0 412680 950859 910439 2132407 1899053 -361574 -239226 12910556 13305159 352729 536411 12557827 12768748 X THE VISION OF MCCOLL CENTER FOR VISUAL ART IS TO BE THE LEADING CENTER FOR THE ADVANCEMENT OF CREATIVE CAPACITY FOR ARTISTS AND THE PUBLIC. THE MISSION IS TO ADVANCE ARTISTS, COMMUNITY AND TO CREATE CONTEMPORARY ART THROUGH RESIDENCIES, EXHIBITIONS, OUTREACH AND EDUCATION. MCCOLL CENTER FOR VISUAL ART BELIEVES THAT ART AND ARTISTS ARE CATALYSTS FOR CULTURAL ADVANCEMENT. 0 0 711882 109744 SEE SCHEDULE O 339701 52368 SEE SCHEDULE O 130991 20194 SEE SCHEDULE O 1182574 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 57 0 1 22 1 0 0 0 0 0 1 1 0 0 0 0 X 24 24 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NC SC X X SANDRA L PATRICK 7043325535 721 n tryon street charlotte NC 28202 Cassie Brown Board of Directors - Chair 2.00 X X 0 0 0 Jon Joffee Board of Directors - Vice Chair 2.00 X X 0 0 0 Andrew Brown Board of Directors - Treasurer 2.00 X X 0 0 0 Kim Blanding DDS Board of Directors - Secretary 2.00 X X 0 0 0 Sandy Berlin Board of Directors 1.00 X 0 0 0 Allen Blevins Board of Directors 1.00 X 0 0 0 David Campbell Board of Directors 1.00 X 0 0 0 Jon Culbertson Board of Directors 1.00 X 0 0 0 Patrick Diamond Board of Directors 1.00 X 0 0 0 Walter Dohare Board of Directors 1.00 X 0 0 0 Deidre Grubb Board of Directors 1.00 X 0 0 0 Sarah Fulton Hutchins Board of Directors 1.00 X 0 0 0 Cyrus Johnson Board of Directors 1.00 X 0 0 0 Brett Krueger Board of Directors 1.00 X 0 0 0 Ulrike Miles Board of Directors 1.00 X 0 0 0 Pat Morrell Board of Directors -Apprentice 1.00 X 0 0 0 Cheryl Myers Board of Directors 1.00 X 0 0 0 Isaac Payne Board of Directors 1.00 X 0 0 0 Manuel Rodriguez Board of Directors 1.00 X 0 0 0 Pam Stowe Board of Directors 1.00 X 0 0 0 Tom Thoune Board of Directors 1.00 X 0 0 0 Marcia Tilotson Board of Directors 1.00 X 0 0 0 Banks Wilson Board of Directors 1.00 X 0 0 0 Cheryl Walker Board of Directors 1.00 X 0 0 0 Suzanne Fetscher President + CEO 60.00 X 173000 0 30035 Sandy Patrick Director of Finance 50.00 X 60000 0 6611 233000 0 36646 1 0 1 0 0 335000 164105 67900 948541 1515546 Tuition and Fees 611710 128863 128863 128863 72400 65219 7181 7181 7181 19189 164105 64395 -45206 -45206 107554 54954 52600 52600 843 843 843 1659827 182306 0 -38025 X 232999 140540 40134 52325 588135 354750 101307 132078 27100 16346 4668 6086 72554 43763 12497 16294 67826 40911 11683 15232 17778 17778 295487 217613 11080 66794 31949 31949 79916 55386 4835 19695 43248 9929 33319 107165 60824 38347 7994 80748 53650 4862 22236 8100 594 5367 2139 193757 193757 22291 22291 service CHARGES 11505 4966 6539 18495 4440 14055 1899053 1182574 303799 412680 17750 189954 339464 132212 31406 38048 1972 3597 17207 11401 10466436 4532255 6115938 5934181 6386819 6995766 12910556 13305159 56201 35169 161528 501242 135000 0 352729 536411 X 5555735 5640770 511767 637653 6490325 6490325 12557827 12768748 12910556 13305159 X -239226 450147 X X 0 1 X 1 0 X 1761576 2341915 2339151 1236680 1224663 8903985 1761576 2341915 2339151 1236680 1224663 8903985 762580 8141405 111834 36269 52636 78160 72400 351299 45045 9345 40502 22162 843 117897 9373181 1279963 0.86860 0.89480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6386870 918947 310051 6995766 6990544 -275139 310000 18535 6386870 7265563 70266 310000 35285 6990544 6826874 969277 480000 50588 7265563 6544214 712983 380000 50323 6826874 0.00000 0.92780 0.07220 1 0 2208439 2208439 5360533 2384060 2976473 1392564 1390535 2029 1504900 757660 747240 5934181 Beneficial interests in trust 6995766 6995766 1789441 129614 129614 1659827 0 1659827 2187467 288414 288414 1899053 0 1899053 Part V, Line 4: The Center's endowment consists of the beneficial interests in the Greater Charlotte Cultural Trust. This endowment consists of three individual donor-restricted endowment funds. The Center's endowment exists to support the programmatic efforts of The Center. As such, a portion of the spendable endowment earned each year is used for this purpose. The balance is held as a cash operating reserve and to bridge revenue/expense timing gaps (working capital needs). Part XI, Line 2d - Other Adjustments: RENT DIRECT EXPENSES NETTED AGAINST REVENUES ON 990, BUT NOT ON FINANCIALS 65,219. SPECIAL EVENT EXPENSES NETTED AGAINST REVENUES ON 990, BUT NOT ON FINANCIALS 64,395. Part XII, Line 2d - Other Adjustments: RENT DIRECT EXPENSES NETTED AGAINST REVENUES ON 990 BUT NOT ON FINANCIALS 65,219. SPECIAL EVENT EXPENSES NETTED AGAINST REVENUES ON 990, BUT NOT ON FINANCIALS 64,395. Bad debt expense 158,800. ASHES TO ART 91400 91400 21461 Adorn 5733 0 5733 489 1 86161 72705 13456 42445 183294 164105 19189 64395 64395 -45206 X X X X X 0 0 0 0 0 0 0 0 0 Suzanne Fetscher President + CEO 173000 0 0 0 0 0 23346 0 6689 0 203035 0 0 0 Form 990, Part III, Line 4a Top Program Service Accomplishment: Artists-In-Residence, Fall 2016 (Aug 22 - Nov 22, 2016) Mark Steven Greenfield, Mixed Media, New Media; Los Angeles, CA Orit Hofshi, through Nov 1, Drawing, Printmaking; Herzliya, Israel Aubrey Longley Cook, Animation, Embroidery; Atlanta, GA Glexis Novoa, Drawing, Painting, Performance, Installation; Havana, Cuba and Miami, FL Marion Wilson, Photography, Painting, Sculpture; Syracuse, NY Sheila Wyne, Rasmuson AIR, through Oct 22, Sculpture; Anchorage, AK Artists-In-Residence, Winter/Spring 2017 (Jan 9 - May 2, 2017) Rob Carter, Video, Photography; Richmond, VA Fallen Fruit, Performance art, Installation; Los Angeles, CA Dustin Farnsworth, Windgate AIR, Sculpture, drawing, Installation; Montreal, Quebec, Canada Rebecca Kamen, Carolinas Healthcare System AIR, Mixed Media Affiliate Artists, Regional artists in 9 month residence (August 22, 2016 - May 2, 2017) Jason Woodberry + Marcus Kiser, Missy Luczak-Smith + Doug Smith Fellowship Artists, Installation, Graphic Design, Digital Illustration; Charlotte, NC Scott Gardner, supported by ArtPlace America National Creative Place-making Fund grant; Photography, Video; Charlotte, NC AIR Program Highlight: While in residence, Fallen Fruit collaborators David Burns and Austin Young worked with McColl Center visitors to reap the benefits of communal art-making, facilitating a collage-making experience in their studio during one of our Open Studio Saturdays. The result: a Charlotte-centric, issues-charged zine Form 990, Part III, Line 4b Second Major Program Service Accomplishment: Exhibitions 2016-17 Shared Space: A New Era Photographs from the Bank of America Collection; Guest Curator: Lorie Mertes, Sept 9 Nov 5, 2016; opening reception and curator talk: Sept 9, 2016 Ivan Toth Depena: REMEMBER; Guest Curator: Amanda Sanfilippo, Nov 11, 2016 Jan 7, 2017; opening reception Nov 11, 2016 The World is a Mirror of My Freedom (works by Marcus Kiser and Jason Woodberry, Shaun El C. Leonardo, Dread Scott, and Charles Williams); Curator: Nicole J. Caruth, Jan 27 Mar 25, 2017; opening reception Jan 27, 2017 Tell Me More (featuring work by 2017 Windgate AIR Dustin Farnsworth and Alumna Artists Joyce C. Scott and Mary Tuma); Guest Curator: Mark Richard Leach; April 14 June 10, 2017; opening reception Apr 14, 2017 Exhibit Program Highlight: Ivan Toth Depena's exhibition "remember" was on view Nov 2016 Jan 2017. This building-wide multimedia installation used McColl Center's history and architecture as a springboard and employed interactive tools including sculptural objects, audio, video, and performance, as well as a mobile app that allowed users to unlock and engage with hidden experiences. Form 990, Part III, Line 4c Third Major Program Service Accomplishment: Our Innovation Institute, started in 2005, applies creative principles to professional and personal development. In 2016-17, II delivered 20 sessions (15 on-site, 5 off-site) and served 645 total participants. In addition, II brought on two new local artist faculty members (Ben Premeaux + Isaac Depena). Clients in FY17 included: Queens University, Ingersoll Rand, Center for Creative Leadership, CMS, Umicore, TIAA, YPO Chapter, Bank of America, Eco17 Conference at the NC Zoo, Mecklenburg County Youth + Family Services (Foster Youth) Innovation Institute Program Highlight: From Oct 2016 to Jan 2017, four teams totaling 24 individuals from CMS learned how concepts used in the creative and design thinking process could be applied to challenges within their schools. The program balanced experiential learning, active discussion, presentation of content, and action planning so that educators could work together to identify solutions to a Problem of Practice (POP) while applying principles and practices used by artists and designers. Form 990, Part VI, Section A, line 4 Prepared A&R Bylaws to update the current Bylaws. Key provisions which were revised are as follows: Article I. Name, Officer and Purposes. Section 4. We included a provision stating that the purpose of the corporation is to operate exclusively for charitable purposes within the meaning of the Internal Revenue Code. Article II. Board of Directors. Section 2. Number, Term and Qualification; Election of Directors. We updated the provisions related to the number, term, qualification and election of the Board to simplify the process. Sections 4 and 5. Removal. We included provisions regarding the process for removal or resignation of a director. Article III. Meetings of Directors. Section 7. Action Without Meeting. We updated the action without meeting provision to allow for electronic written consents. Section 8. Meeting by Conference Telephone. We added a provision to allow for remote presence by a director at meetings. Article IV. Committees. We eliminated inconsistencies in the committee authority provision. Article V. Officers. Section 3. Compensation. We have moved the current provision to a section under Officers. Sections 4 and 5. Removal; Resignation. We included provisions regarding the process for removal or resignation of an officer. Sections 7, 8 and 9. We updated the provisions to include descriptions for the positions of Chairman of the Board, Chairman-Elect of the Board, and Immediate Past Chairman of the Board. Sections 13 and 15. Positions. We added in an option for the election of Assistant Treasurers and Assistant Secretaries. Article VI. Indemnification of Directors and Officers. We added an Article to provide indemnification, in a proceeding in which they are named, for directors and officers and other employees or agents as approved by the Board and as allowed by law. Additionally, the additions provide the Board with the authority to advance expenses in connection with any such proceeding. Article VII. General Provisions. Section 9. Electronic Transactions. We updated the language to clarify that any transaction of the Board may be conducted by electronic means. Section 10. Conflict of Interest. We added a provision to set forth the process in the event a member of the Board has a conflict of interest. We also streamlined the Bylaws to include the previous amendments in the text of the A&R Bylaws, instead of having them interspersed throughout the text to make them easier to use in practice. Form 990, Part VI, Section B, line 11b a draft of the 990 was given to each board member for review, comment and approval prior to submission to the irs. Form 990, Part VI, Section B, line 12c board members are required to sign a conflict of interest statement each year and disclose to the full board any potential problems. any potential conflicts must be approved by the full board. IN THE EVENT OF A POTENTIAL CONFLICT DURING THE YEAR, THAT MEMBER WOULD RECUSE HIMSELF/HERSELF FROM THE DISCUSSIONS AND VOTE. Form 990, Part VI, Section B, line 15 the president's compensation is determined by the independent board. a subset of the board conducts a salary review and comparison using survey information from the North Carolina Center for Non Profits. a subset of the board also evaluates her performance based on achievement of goals and budget and makes a salary recommendation to the board. the board compensation for other key employees and top management officials is based on performance review and comparative salary information provided by the arts and science council. DISCUSSIONS ARE DOCUMENTED IN THE EXECUTIVE COMMITTEE Minutes. Form 990, Part VI, Section C, line 19 the organization's governing documents, conflict of interest policy and financial statements are available to the public upon request. Form 990, Part IX, line 11g CONTRACTED SERVICES: Program service expenses 115,811. Management and general expenses 11,080. Fundraising expenses 66,794. Total expenses 193,685. Curatorial/honorariums: Program service expenses 18,392. Management and general expenses 0. Fundraising expenses 0. Total expenses 18,392. Artist Stipends: Program service expenses 83,410. Management and general expenses 0. Fundraising expenses 0. Total expenses 83,410. Form 990, Part XI, line 9: CHANGE IN BENEFICIAL INTEREST 918,947. Bad debt expense -158,800. DISTRIBUTION FROM ENDOWMENT REFLECTED AS INCOME -310,000. FORM 990, PART XI, LINE 2C THE FINANCE COMMITTEE OF THE MCCOLL CENTER BOARD MEETS WITH THE INDEPENDENT AUDITORS TO REVIEW THE FINANCIAL STATEMENTS AND RESULTS OF THE AUDIT ALONG WITH ANY RECOMMENDATIONS. THE FINANCE COMMITTEE IS RESPONSIBLE FOR THE SELECTION OF THE INDEPENDENT AUDITORS.