2016-04-13T10:23:10-05:00 2015-09-30 Kundinger Corder & Engle PC 475 Lincoln Street Suite 200 Denver CO 80203 990 2014-10-01 846038240 Denver Art Museum DENV 7209130022 100 W 14th Avenue Parkway Denver CO 80204 Christoph Heinrich Director 7209130022 2016-04-12 1 Laurie Anderson P01416697 3035345953 2016-01-29 2014 2016-08-17 19:52:53Z Christoph Heinrich 100 W 14th Avenue Parkway Denver CO 80204 58088444 0 X www.denverartmuseum.org X 1897 CO See Schedule OThe primary mission of the Denver Art Museum is to enrich the lives of present and future generations through the acquisition, presentation, and preservation of works of art, supported by exemplary scholarship and public programs related both to its permanent collections and to temporary exhibitions presented by the Museum. 33 33 529 430 8977 0 63000470 45207297 4857604 4863309 4616363 895935 2818837 5324889 75293274 56291430 0 0 0 0 11851665 12937149 0 0 1928640 23830326 20318894 35681991 33256043 39611283 23035387 56268097 73425185 12311059 7801984 43957038 65623201 X See description for Part I, Line 1 on Schedule O. 0 0 14279701 8071752 Exhibitions and Collections - See Schedule OExhibitions and Collections: Each year, the Denver Art Museum (DAM) presents exhibitions that provide a variety of experiences with art, regularly attracting more than 700,000 visitors annually. The Museum's approach to exhibitions celebrates the creativity of individual artists who have made an extraordinary impact, and ignites creativity through programs that provide engaging and interactive art experiences. Among the highlights in 2015:Matisse and Friends: Selected Masterworks from the National Gallery of Art offered visitors a selection of works by such names as Henri Matisse, Andre Derain, Georges Braque, Kees Van Dongen, among others that capture the essence of the brief but explosive fauve movement of the early 20th century. Visitors were encouraged to slow down and look closely seated on comfortable couches situated in front of each painting. Matisse and Friends won critical acclaim for its focused narrative, rich exploration of color and light, and beautiful setting. Organized by the DAM and on view only in Denver, Brilliant: Cartier in the 20th Century featured stunning jewelry, timepieces, and precious objects created between 1900 and 1975. This exhibition highlighted Cartier's rise to preeminence and the historical events pushing the design house's evolution as it transformed itself into one of the world's most prestigious names in jewelry and luxurious accessories. The DAM was also a venue for the exhibition Joan Miro Instinct & Imagination focused on artworks the Spanish artist created during the last two decades of his career (1963-1981). Joan Miro's imagination and creativity extended well into his old age. The DAM's presentation was an opportunity for visitors to explore their own creativity and demonstrated ideas about creative aging that could be further explored through DAM programming. This exhibition also featured many of Miro's bronze sculptures including Woman and Bird (Femme et oiseau) which have rarely been seen outside of Europe.A sampling of other exhibitions offered in 2015 includes: In Bloom: Painting Flowers in the Age of ImpressionismCastiglione: Lost GeniusDaniel Sprick's Fictions: Recent WorksFashion Fusion: Native Textiles in Spanish Colonial ArtPhotography & Vision: The Influence of Joyce and Ted StraussDrawn to Action: Posters from the AIGA Design ArchivesCreative Crossroads: The Art of TapestryWilliam Matthews: TrespassingStarring Linda: A Trio of John DeAndrea SculpturesCollectibles: Works on PaperSovereign: Independent VoicesBarbara Bosworth: Quiet WonderHerbert Bayer: 1938-1974 New York and Aspen PaintingsRevolt 1680/2180: Virgil Ortiz 7557484 Premises and Buildings - See Schedule OPremises & Buildings: These costs include all expenditures associated with the day-to-day operations of the Museum's facilities. Exhibition and permanent galleries displayed a variety of artwork for the public's enjoyment. The Museum's public spaces enable Museum staff and volunteers to conduct frequent learning & engagement programs including tours, public talks, interpretive programs, art-making activities, and more. The premises and buildings provide ample space for mission-driven programming aimed at enriching the lives of this and future generations, and for which the Museum has been internationally recognized. 1958801 147655 Learning and Engagement Programs - See Schedule OLearning and Engagement Programs: The Denver Art Museum (DAM) believes that art can make a difference in people's lives by celebrating and stimulating creativity and inspiring greater understanding and connection with our world. To fulfill this vision, the Museum's Department of Learning and Engagement strives to make art relevant and enjoyable to people of all ages, abilities, and backgrounds.The Department of Learning and Engagement has taken a leading role both nationally and internationally in three areas: 1) research about what visitors need to make a museum visit meaningful; 2) creation of rich and innovative learning resources in collection installations and temporary exhibitions; and 3) interactive learning for young people both in school and family groups. The Department hosts over ten site visits a year from national and international museum colleagues, actively presents at national conferences, and has a strong track record of sharing findings and best practices with the museum field (our reports can be found on the DAM website under Research & Reports). In addition, we host over sixty college and graduate interns annually. Programs include:In Gallery Installations: The museum's in gallery interpretive installations provide visitors with a variety of ways to explore temporary exhibitions and permanent collections on their own. Discovery libraries, Create-n-Takes, Drop In Drawing and Drop In Writing, gallery games for kids and families, browsing areas, and more deepen visitors experiences with art. Family Programs: The DAM is committed to being a truly family-friendly institution, offering free general admission to all youth ages 18 and under through the Free for Kids program. In order to make the Museum engaging for kids and their grown-ups, we take a two-pronged approach: 1) offering programs and activities at peak family times (weekends, school breaks, and summer) and 2) integrating family materials into installations, exhibitions, and public spaces so there's always a way for families to connect with art. Family activities are included with the cost of general admission. Family Backpacks (kid-sized packs filled with games and learning materials for families to use on their own in the galleries) and Art Tubes (artists tubes filled with a creative art making project) can be checked out on weekends and school breaks. Discovery Library costume areas, eye spy and other gallery games, family create zones, as well as the Just for Fun Family Center (a collection and exhibition-based hands-on activity area) and the Kids Corner (a do-it yourself art project space) are always available. Create Playdate targets 3-5 year olds and their families and Foxy and Shmoxy Art Detectives targets toddlers, helping grown-ups explore the Museum with young children through storytelling and art making opportunities. And The Studio is a dedicated workshop for hands-on projects and artist demonstrations inspired by themes found in exhibitions. Adult and College Programs: The DAM offers a wide range of opportunities for adults to discover, explore, and make personal connections to collections and exhibitions. Programs range from tours, studio classes, and art history courses to Art and Perfume Pairings, Conversation Lounges, and Insider Moments in the galleries. The DAM's Untitled series engages young adults with art and creativity through unconventional, often unexpected encounters with art the last Friday of the month. Online programs complement existing onsite offerings and incorporate participatory creative experiences that attract and engage younger adults for whom participation and technology are extremely important.School and Teacher Programs: The hallmark of DAM's school tour program is our interactive touring approach. Our introductory all-museum tours, Perception Games and Imagination Games, have been featured at several national conferences, as have the touchable materials and activities we've developed for our culture and architecture based tours. Around 50,000 students visit the Museum each year to explore topics related to visual arts, social studies, and language arts curricula. Creativity Resource, the Museum's online resource for teachers, uses the creativity of artists to inspire creativity in teachers and students and provides downloadable art images, information, lesson plans and multi-media resources, and curated blogs on cultural and creativity topics. The DAM provides professional development for teachers on-site and on-line through workshops, webinars, and in-services custom-designed to meet the needs of individual school districts.Community Partnerships: The Learning and Engagement department is involved in several strategic collaborations designed to encourage museum visitation by a broader audience. Emphasis is on introducing non-visiting families to the museum. Current collaborations include work with the Mayor's Office for Education and Children, the Mexican Cultural Center, Buntport Theater, and several other local community and social service organizations. Community access tours given by specially trained community and Spanish-language guides provide these groups with introductory tours of the museum stressing comfort and awareness of the museum and all that it has to offer. Other accessibility programs include Art & About tours for individuals with Alzheimer's and early dementia and their care givers, Tactile Tours for low-vision and blind visitors, accessibility options for visitors with special needs, and more. Partnerships with the Creative Community: Over the past few years, the Department has increasingly focused on programming that seeks to connect visitors with the creativity of artists and to use our collections to inspire creativity in our visitors. Programming has ranged from collaborations with artists to creation of new making and residency spaces throughout the campus including: 1) the rotating Studio on the first floor of the Hamilton Building, 2) the Native Arts Artist-in-Residence studio in the American Indian galleries and 3) Thread Studio on the sixth floor of the North Building.Overall, learning and engagement programs onsite and online served more than 700,000 people in 2015. This includes visitors to the DAM Collective, Creativity Resource for Teachers, and Museum social media websites. 716814 1442164 Other program services included in this caption are the activities associated with the gift shop, restaurant, and other facilities designed to enhance the visitor's overall Museum experience. 716814 1442164 24512800 1 1 0 1 0 0 0 1 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 1 273 0 1 529 1 1 1 0 0 0 0 1 1 0 0 0 0 X 33 33 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Curtis Woitte Deputy Dir & CFO 7209130022 100 W 14th Avenue Parkway Denver CO 80204 J Landis Martin Chairman 1.00 X X 0 0 0 Charles P Gallagher Vice Chairman 1.00 X X 0 0 0 Thomas A Petrie Treasurer 1.00 X X 0 0 0 Robert S Rich Secretary 1.00 X X 0 0 0 William Armstrong Trustee 1.00 X 0 0 0 Jana Bartlit Trustee 1.00 X 0 0 0 Nancy Lake Benson Trustee 1.00 X 0 0 0 Joy L Dinsdale Trustee 1.00 X 0 0 0 Michael Duncan Trustee 1.00 X 0 0 0 B Grady Durham Trustee 1.00 X 0 0 0 Suzanne Farver Trustee 1.00 X 0 0 0 Cathey McClain Finlon Trustee 1.00 X 0 0 0 Baryn S Futa Trustee 1.00 X 0 0 0 Frederic C Hamilton Trustee-Chair Emeritus 1.00 X 0 0 0 Arlene Hirschfeld Trustee 1.00 X 0 0 0 James A Holmes Trustee 1.00 X 0 0 0 Sarah A Hunt Trustee 1.00 X 0 0 0 Mariner Kemper Trustee 1.00 X 0 0 0 Nancy Leprino Henry Trustee 1.00 X 0 0 0 Kent Logan Trustee 1.00 X 0 0 0 Gary B Lutz Trustee 1.00 X 0 0 0 Lee McIntire Trustee 1.00 X 0 0 0 Wayne W Murdy Trustee 1.00 X 0 0 0 Trygve E Myhren Trustee 1.00 X 0 0 0 Kathryn A Paul Trustee 1.00 X 0 0 0 William B Pauls Trustee 1.00 X 0 0 0 Craig Ponzio Trustee 1.00 X 0 0 0 Scott Reiman Trustee 1.00 X 0 0 0 Richard L Robinson Trustee 1.00 X 0 0 0 John J Sie Trustee 1.00 X 0 0 0 Richard M Weil Trustee 1.00 X 0 0 0 James F Williams II Trustee 1.00 X 0 0 0 Robert C Newman Trustee 1.00 X 0 0 0 Christoph Heinrich Director 40.00 X 286826 0 33016 Curtis Woitte Deputy Director/CFO 40.00 X 130640 0 24071 Andrea Fulton Dep. Dir./Chief Marketing Officer 40.00 X 131949 0 28794 Melora McDermott-Lewis Director of Learning and Engagement 40.00 X 117187 0 34304 Arpie Chucovich Director of Development 40.00 X 118280 0 14751 Nancy Blomberg Chief Curator 40.00 X 126851 0 15387 Margaret Young-Sanchez Senior Curator 40.00 X 114290 0 25456 Timothy Standring Gates Curator 40.00 X 113055 0 22820 1139078 0 198599 8 0 1 0 DBA Scott's Painting 5578 E 111th Drive Thornton CO 80233 Painting 114205 1 3606756 1002741 5540841 9499720 25557239 1086515 45207297 Admissions & Prog Fees 900099 4715654 4715654 Learning & Engagement 900099 147655 147655 4863309 83803 83803 624367 106717 517650 517650 517650 812132 0 812132 812132 812132 383252 1002741 383252 0 2758186 1307045 1451141 1442164 8977 Sale of Art Proceeds 900099 3228635 3228635 Miscellaneous Revenue 900099 127463 127463 3356098 56291430 9661571 8977 1413585 X 736270 294190 332117 109963 12200879 8769055 2673100 758724 36089 36089 76000 76000 104750 104750 5114 5114 1048829 513765 489301 45763 997216 997216 1703344 973142 699748 30454 1656953 1595894 61059 159004 109008 42191 7805 220 220 1869484 1615426 209225 44833 Exhibitions 4388537 4388537 Transfer to DAMF 3007025 3007025 Consult. & Contract ser 1102998 763252 335915 3831 Gift Shop, Restaurant, 716813 716813 3446518 1766693 752558 927267 33256043 24512800 6814603 1928640 1122197 699786 748039 351503 11492549 18791254 157025 298187 116977 4459 418788 467204 1792875 1058984 56895252 29554245 27061543 27341007 10607114 4528003 2478078 19620752 272912 264046 56268097 73425185 8354847 6689139 806713 692845 2094499 1055000 420000 12311059 7801984 X 33445483 37832303 10231643 27526852 279912 264046 43957038 65623201 56268097 73425185 23035387 -1369224 0 X X 0 1 X 1 0 X 18303730 36749961 18162526 55830452 37584182 166630851 5614882 5893243 6216586 6636342 7215886 31576939 519717 500380 445927 533676 407229 2406929 24438329 43143584 24825039 63000470 45207297 200614719 5891299 194723420 552420 538129 604003 602198 708170 3004920 15659 15659 324968 315696 406597 369253 383252 1799766 205435064 34423773 0.94790 0.97540 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 104750 104750 33151293 33256043 1000000 250000 0 0 1000000 1000000 1500000 104750 104750 250000 250000 375000 X X X X 0 4600000 4600000 47873025 28023724 19849301 4422227 1530521 2891706 27341007 Investments held by the Denver Art Museum Foundation 19620752 F 19620752 Note Payable to Denver Art Museum Foundation 420000 420000 X 52054091 -1369224 258918 -1110306 53164397 5114 3121919 3127033 56291430 29990004 258918 106716 365634 29624370 5114 3626559 3631673 33256043 Part III, Line 1a: The Museum's collections, which were acquired through contributions and purchases, are not recognized as assets on the statement of financial position. Purchases of collection items are recorded as decreases in unrestricted net assets in the year in which the items are acquired. Contributed collection items are not reflected on the financial statements. Proceeds from deaccessions or insurance recoveries are reflected as increases in the appropriate net asset classes. Museum policies require that such proceeds be used only to acquire additional art objects. All of the Museum's collection items are held for educational, research, exhibition, and curatorial purposes. Each of these collection items is cataloged, preserved, and cared for, and activities verifying their existence and assessing their condition are performed continuously. Part III, Line 4: The Denver Art Museum (DAM) is dedicated to the collection, preservation, and presentation of art for broadly diverse audiences. With more than 70,000 works of art in its care, the DAM holds the largest and most comprehensive collection of world art between Kansas City and the West Coast. The Museum is an accessible, quality destination, welcoming over 700,000 visitors annually. The Museum is committed to its role as a cultural resource providing shared experiences of art and culture to the Rocky Mountain region and beyond. Collections are organized into nine curatorial departments: Architecture, Design & Graphics; Asian; Modern & Contemporary; Native Art (American Indian, African, and Oceanic); New World (pre-Columbian and Spanish Colonial); Painting & Sculpture; Textile Art; Western American; and Photography. The DAM strives to enrich the lives of present and future generations through the acquisition, presentation and preservation of works of art. The collections further the organization's exempt purpose by providing the sustenance necessary to educate visitors about the past, present and future, and inspire life-long learning. Part X, Line 2: Management is required to evaluate tax positions taken by the Museum and recognize a tax liability (or asset) if the Museum has taken an uncertain position that more likely than not would not be sustained upon examination by taxing authorities. Management has analyzed the tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements and determined there are none. The Museum is subject to routine audits by taxing jurisdictions. There are currently no audits for any tax periods in progress. Management believes the Museum is no longer subject to income tax examinations for years prior to September 30, 2012. Part XI, Line 4b - Other Adjustments: Rental Expense -106,716. Art Proceeds 3,228,635. Part XII, Line 2d - Other Adjustments: Rental Expense 106,716. Part XII, Line 4b - Other Adjustments: Transfers to DAMF 3,007,025. Acquistions of Art 619,534. Collectors Choice 631550 483674 147876 44839 17000 86037 DAM Uncorked 563401 413787 149614 74815 4000 70799 3 191042 105280 85762 55401 825 29536 1385993 1002741 383252 175055 21825 186372 383252 0 X 1 1 X X 0 0 0 0 0 0 0 0 0 Christoph Heinrich Director 286826 0 0 0 0 0 0 0 33016 0 319842 0 0 0 Curtis Woitte Deputy Director/CFO 130640 0 0 0 0 0 0 0 24071 0 154711 0 0 0 Andrea Fulton Dep. Dir./Chief Marketing Officer 131949 0 0 0 0 0 0 0 28794 0 160743 0 0 0 Melora McDermott-Lewis Director of Learning and Engagement 117187 0 0 0 0 0 0 0 34304 0 151491 0 0 0 X 751 X 8 679286 FMV X City indirect 1 407229 Reported by City 0 1 0 Part I, Line 33: Throughout the year, the Museum receives gifts of art which are accessioned into the collection. In accordance with generally accepted accounting principles, it is the Museum's policy not to capitalize collection items. In fiscal year 2015, the Museum received 751 gifts of art which were accessioned into the Museum's collection. Form 990, Part VI, Section A, line 6 The Denver Art Museum has over 32,000 members who approve the slate of directors nominated by the Board of Trustees at the annual general membership meeting. Form 990, Part VI, Section A, line 7a Denver Art Museum members approve the slate of directors as nominated by the Board of Trustees. Form 990, Part VI, Section B, line 11 The IRS Form 990 is completed annually and a copy is provided to the Museum's Board Secretary for review. The Chief Financial Officer (CFO) provides the Form 990 to the Museum Board's Finance/Audit Committee Chair for review. The Museum's CFO discusses any questions or concerns with the Secretary and the Finance/Audit Committee Chair and necessary changes are updated on the Form 990. Once the CFO is in agreement with the Secretary and the Finance/Audit Committee Chair regarding the finished Form 990, it is signed and dated by the Director and submitted to the IRS by the filing deadline. A copy is made available to all Museum Board Trustees prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The Museum's Conflict of Interest Policy is designed to protect the Museum by defining what is a conflict of interest or potential conflict of interest and providing procedures to identify and address conflicts of interest and potential conflicts of interest. Museum trustees, members of committees with delegated powers from the Board of Trustees, officers (Chairman, Vice Chairman, Secretary, Treasurer), and specific employees including the Museum Director, Executive Assistant to Director, Deputy Directors, Chief Curator, Curator, Assistant or Associate Curator, Department Director, or Department Associate Director (all Interested Persons) are all covered under the policy. On an annual basis, each Interested Person must complete a Disclosure and Compliance form. This form requests information concerning all actual or potential conflicts of interest involving Interested Persons, their immediate family members and certain entities in which they or their immediate family members have an interest. As new trustees join the Board, new committee members are appointed, new officers are elected, or new employees who are covered under the policy are appointed (if those individuals are not already Interested Persons by reason of holding another of these positions) such individuals are also required to complete the Disclosure and Compliance form. In case of an actual or potential conflict of interest, the Museum uses a process at the Executive Committee level to investigate actual or potential conflicts of interest. Following disclosure of an actual or potential conflict, the person or persons involved with the conflict are not permitted to participate in any discussions relevant to determining if a conflict of interest exists. They may, however, be counted in determining the presence of a quorum at a meeting of the Executive Committee at which a conflict is being reviewed and may make a presentation to the Executive Committee to disclose the conflict and answer questions relevant thereto, but must leave the meeting during the discussion of and vote on whether the transaction or arrangement at issue resulted in a conflict of interest. If a conflict does exist, the Policy dictates ensuing steps, including investigating alternatives to the proposed transaction or arrangement and appropriate disciplinary and corrective action. The Museum maintains records concerning investigations of actual and potential conflicts of interest. Form 990, Part VI, Section B, line 15 The Museum's procedures for determining executive compensation include reviewing comparability data, monitoring the competitive market place, and approval by the executive committee of the Board of Trustees. Determining the compensation for the Museum's other officers and key employees follows the Museum's compensation policies and practices. This includes reviewing comparability data, considering the competitive market place, and the review and approval by the Museum's executive management. Form 990, Part VI, Section C, line 19 The Museum makes its governing documents, conflict of interest policy and financial statements available to the public upon reasonable request. Form 990, Part IX, line 24e Repairs and Maintenance: Program service expenses 696,379. Management and general expenses 0. Fundraising expenses 0. Total expenses 696,379. Support Group/Volunteer Council: Program service expenses 0. Management and general expenses 0. Fundraising expenses 647,256. Total expenses 647,256. Learning & Engagement Programs: Program service expenses 495,719. Management and general expenses 0. Fundraising expenses 0. Total expenses 495,719. Equipment Rental and Maintenance: Program service expenses 102,584. Management and general expenses 202,790. Fundraising expenses 0. Total expenses 305,374. Marketing/Vis. Services: Program service expenses 180,691. Management and general expenses 120,551. Fundraising expenses 0. Total expenses 301,242. Fundraising: Program service expenses 0. Management and general expenses 0. Fundraising expenses 280,011. Total expenses 280,011. Activity Support: Program service expenses 191,925. Management and general expenses 0. Fundraising expenses 0. Total expenses 191,925. Recruiting Fees: Program service expenses 0. Management and general expenses 176,781. Fundraising expenses 0. Total expenses 176,781. Membership: Program service expenses 0. Management and general expenses 117,296. Fundraising expenses 0. Total expenses 117,296. Entertainment: Program service expenses 35,749. Management and general expenses 76,621. Fundraising expenses 0. Total expenses 112,370. Miscellaneous: Program service expenses 0. Management and general expenses 52,018. Fundraising expenses 0. Total expenses 52,018. Volunteer Expense: Program service expenses 40,096. Management and general expenses 0. Fundraising expenses 0. Total expenses 40,096. Library Additions: Program service expenses 18,001. Management and general expenses 178. Fundraising expenses 0. Total expenses 18,179. Trustee Expense: Program service expenses 0. Management and general expenses 6,323. Fundraising expenses 0. Total expenses 6,323. Storage: Program service expenses 5,549. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,549. Part XII, Line 2c The Finance/Audit committee meets annually with the independent CPA firm to review the results of the current audit and internal control recommendations, if any. The Finance/Audit committee also assumes the annual responsibility of approving the selection of the audit firm. There have been no changes in these processes from the prior year. Denver Art Museum Holdings LLC 100 W 14th Avenue Denver CO 80204 846038240 Hold Real Estate CO 1502671 Denver Art Museum 1240-1250 Bannock Street LLC 100 W 14th Avenue Denver CO 80204 846038240 Hold Real Estate CO 0 Denver Art Museum H-Street Properties LLC 100 W 14th Avenue Denver CO 80204 846038240 Hold Real Estate CO 0 Denver Art Museum DAM Office LLC 100 W 14th Avenue Denver CO 80204 846038240 Hold Real Estate CO 11559479 Denver Art Museum Denver Art Museum Foundation 742496760 Support the activities of the Denver Art Museum CO 501(c)(3) 509(a)(1) N/A 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0