2015-02-11T14:19:39-06:00 2014-08-31 310800053 CLARK SCHAEFER HACKETT & CO ONE EAST FOURTH ST SUITE 1200 CINCINNATI OH 45202 990 2013-09-01 310590095 THE CONTEMPORARY ARTS CENTER CONT 5133458400 44 EAST SIXTH STREET CINCINNATI OH 45202 RAPHAELA PLATOW DIRECTOR & CHIEF CURATOR 5133458400 2015-02-02 1 JANE PFEIFER P00014949 5132413111 2015-02-02 2013 2016-03-07 17:11:31Z RAPHAELA PLATOW 44 EAST SIXTH STREET CINCINNATI OH 45202 14557573 0 X WWW.CONTEMPORARYARTSCENTER.ORG X 1940 OH PROVIDING OPPORTUNITIES FOR CULTURAL AND EDUCATIONAL ADVANCEMENT OF THE PEOPLE IN CINCINNATI. 38 38 87 150 222197 5400 1242297 1798553 351655 368167 1972286 1697843 53398 197142 3619636 4061705 0 0 0 0 1534738 1619908 0 0 436275 2580960 2525494 4115698 4145402 -496062 -83697 45592201 47316605 15808518 15844973 29783683 31471632 X THE CONTEMPORARY ARTS CENTER PROVIDES THE OPPORTUNITY FOR ALL PEOPLE TO DISCOVER THE DYNAMIC RELATIONSHIP BETWEEN ART AND LIFE BY EXHIBITING, BUT NOT COLLECTING, THE WORK OF PROGRESSIVE ARTISTS. IT WILL CONTINUALLY INCREASE ITS REGIONAL, NATIONAL AND INTERNATIONAL INFLUENCE BY PROVIDING CHANGING VISUAL AND INTERACTIVE EXPERIENCES THAT CHALLENGE, ENTERTAIN AND EDUCATE. 0 0 2545162 96196 THE CONTEMPORARY ARTS CENTER (CAC) BRINGS THE BEST OF INTERNATIONAL, NATIONAL AND REGIONAL CONTEMPORARY ART TO MORE THAN 55,000 VISITORS ANNUALLY. CONNECTING VISITORS WITH A WIDE ARRAY OF EXCEPTIONAL ART BEING CREATED TODAY, IN ITS MYRIAD OF FORMS FROM VISUAL AND MEDIA ARTS TO PERFORMANCE AND BEYOND, THE CAC SERVES AS A COMMUNITY VENUE FOR CREATIVE EXPRESSION AND EXPLORATION AND DISCUSSING ISSUES OF OUR TIME AS THEY ARE RAISED IN PRESENTED WORKS. CAC ALSO OFFERS UNMUSEUM: THIS GALLERY, ON THE 6TH FLOOR OF THE ROSENTHAL CENTER, WAS DESIGNED TO CREATE THOUGHTFUL, HANDS-ON ART EXPERIENCES FOR YOUNG VISITORS AND THEIR CAREGIVERS/TEACHERS. THE GALLERY ALSO FEATURES COMMISSIONED WORKS BY LOCAL ARTISTS. 636290 37409 STUDENT AND PUBLIC PROGRAMS FOR YOUTH, FAMILY, EDUCATORS AND ADULTS ARE DESIGNED WITH THE GOAL THAT THEY SERVE AS BRIDGES TO THE ART, PROVIDING OPPORTUNITIES FOR VISITORS TO ENGAGE WITH WORKS, ARTISTS, STAFF, VOLUNTEERS AND ONE ANOTHER IN THE EXPLORATION OF ART AND CREATIVE ACTIVITIES, REGARDLESS OF THEIR PREVIOUS KNOWLEDGE OF OR EXPERIENCE WITH CONTEMPORARY ART. CAC PROGRAMS INCLUDE: ARTIST TALKS, MILESTONES LECTURE SERIES, CURATORIAL TALKS & TOURS, FILMS, DOCENT-LED TOURS, FAMILY SATURDAYS & THURSDAY ART PLAY, CONCERTS, PERFORMANCES, AND TEACHER RESOURCES. TOGETHER, CAC EXHIBITIONS AND EDUCATION PROGRAMS ARE ACCESSIBLE FOR VISITORS OF ALL AGES AND ABILITIES, OPENING THE WORLD OF CONTEMPORARY ART, INSPIRING CREATIVITY, AND ENCOURAGING CRITICAL THINKING. MOST EDUCATION PROGRAMS ARE OFFERED AT NO COST AND ARE HELD AT THE CAC. FREE ADMISSION AND EVENING HOURS ARE OFFERED ON MONDAYS FROM 5 TO 9 PM. 3181452 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 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 34 0 1 87 1 1 1 0 0 0 0 1 1 0 0 0 0 X 38 38 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X CRAIG LATTARULO 5133458400 44 EAST SIXTH STREET CINCINNATI OH 45202 JAMES A MILLER CHAIR 1.00 X X 0 0 0 DIANNE DUNKELMAN TRUSTEE 1.00 X 0 0 0 MICHAEL GLASSMAN TRUSTEE 1.00 X 0 0 0 DAVID P OSBORN PRESIDENT 1.00 X X 0 0 0 ANDREW STILLPASS TRUSTEE 1.00 X 0 0 0 STEWART TURNBULL TRUSTEE 1.00 X 0 0 0 WILLIAM APPLEGATE TRUSTEE 1.00 X 0 0 0 SCOTT DURBAN TRUSTEE 1.00 X 0 0 0 LYNN MEYERS GORDON TRUSTEE 1.00 X 0 0 0 KIMBERLY KLOSTERMAN TRUSTEE 1.00 X 0 0 0 CARL SOLWAY TRUSTEE 1.00 X 0 0 0 GREGORY DORR TRUSTEE 1.00 X 0 0 0 JAMES L MILLER TRUSTEE 1.00 X 0 0 0 JAMES CHENG TRUSTEE 1.00 X 0 0 0 MATTHEW FISCHER TRUSTEE 1.00 X 0 0 0 ELIZABETH OLSON SECRETARY 1.00 X X 0 0 0 MICHAEL STORY TRUSTEE 1.00 X 0 0 0 WILLIAM BAUMANN TRUSTEE 1.00 X 0 0 0 JENNIE ROSENTHAL BERLIANT TRUSTEE 1.00 X 0 0 0 STEVEN BLOOMFIELD TRUSTEE 1.00 X 0 0 0 KEN JONES TRUSTEE 1.00 X 0 0 0 JERRY KATHMAN TRUSTEE 1.00 X 0 0 0 KELLY KOLAR TRUSTEE 1.00 X 0 0 0 PAUL LECHLEITER TRUSTEE 1.00 X 0 0 0 KEVIN OTT TRUSTEE 1.00 X 0 0 0 PETER QUINNAN TRUSTEE 1.00 X 0 0 0 JUDITH ROTH TRUSTEE 1.00 X 0 0 0 RON BATES TREASURER 1.00 X X 0 0 0 SUSAN HARRIS TRUSTEE 1.00 X 0 0 0 MARK HAYDEN TRUSTEE 1.00 X 0 0 0 STEPHEN JOFFE TRUSTEE 1.00 X 0 0 0 CHRIS KELLER TRUSTEE 1.00 X 0 0 0 PAMELA MCDONALD TRUSTEE 1.00 X 0 0 0 ROBERT PROBST TRUSTEE 1.00 X 0 0 0 ROSEMARY SCHLACHTER TRUSTEE 1.00 X 0 0 0 BRETT STOVER TRUSTEE 1.00 X 0 0 0 BRIAN D TILL TRUSTEE 1.00 X 0 0 0 RICHARD S WAYNE TRUSTEE 1.00 X 0 0 0 RAPHAELA PLATOW DIRECTOR & CHIEF CURATOR 40.00 X 147045 0 8005 CRAIG LATTARULO FINANCE DIRECTOR 40.00 X 2751 0 0 JANE FISHER FORMER FINANCE DIRECTOR 40.00 X 55335 0 2913 205131 0 10918 1 0 1 0 0 61725 25000 63929 1647899 25920 1798553 FACILITY RENTALS 532000 222197 222197 ADMISSIONS/TICKETS 900099 64253 64253 EXHIBITION TOURING FEES 900099 63308 63308 EDUCATIONAL PROGRAM REVENUE 900099 18409 18409 368167 619891 619891 11279314 10201362 1077952 1077952 1077952 337506 25000 138445 199061 199061 143696 156061 -12365 -12365 MISCELLANEOUS INCOME 900099 10446 10446 10446 4061705 133605 222197 1907350 216049 144211 32920 38918 1403859 937066 213909 252884 236880 79224 137188 20468 53021 45260 2800 4961 43301 22235 8925 12141 458937 407814 31914 19209 42718 38115 2671 1932 364442 335286 14578 14578 637875 586845 25515 25515 44453 35172 7752 1529 EXHIBITS & PROGRAMS 407163 407163 PRINTING 44025 33097 215 10713 TELEPHONE 31591 20970 6615 4006 PROPERTY ASSESMENTS AND 23351 21483 934 934 137737 67511 41739 28487 4145402 3181452 527675 436275 355831 136917 799911 1173333 96636 11676 113683 106080 45045 46551 27116251 8378763 19118494 18737488 24880798 26940707 181803 163853 45592201 47316605 247379 303471 111139 91502 15450000 15450000 15808518 15844973 X 20102328 21254644 7297706 7833339 2383649 2383649 29783683 31471632 45592201 47316605 X -83697 1769596 2050 X X 0 1 X 1 0 X 1683015 2105282 1977034 1242297 1798553 8806181 1683015 2105282 1977034 1242297 1798553 8806181 932936 7873245 757157 865846 687548 791627 619891 3722069 24892 21037 10856 17454 44766 119005 17985 14593 12462 60199 209507 314746 12962001 2016901 0.60740 0.54570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 1 24634690 95000 3467437 1371456 131074 26694597 24383963 70000 1840402 1540118 119557 24634690 23545820 743332 2213553 2005607 113135 24383963 23024173 689650 2320170 2365350 122823 23545820 22202711 660579 1572066 1309751 101432 23024173 0.91610 0.08390 0 0 863000 863000 17555138 4913040 12642098 7060418 1912819 5147599 1637695 1552904 84791 18737488 X 5951851 1769596 118500 2050 1890146 4061705 0 4061705 4263902 118500 118500 4145402 0 4145402 PART III, LINE 1A: IN CONFORMITY WITH ACCEPTED INDUSTRY PRACTICES, ART OBJECTS DONATED ARE NOT INCLUDED ON THE STATEMENT OF FINANCIAL POSITION. PART III, LINE 4: THE CAC IS A NON-COLLECTING MUSEUM. THE ART EXHIBITED HERE IS ON LOAN FROM ARTISTS, ART COLLECTORS, MUSEUMS, GALLERYS, ETC. PART V, LINE 4: THE CENTER'S ENDOWMENT CONSISTS OF FUNDS ESTABLISHED TO PROVIDE INCOME TO OPERATIONS. PART X, LINE 2: THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") HAS ISSUED GUIDANCE WHICH CLARIFIES GENERALLY ACCEPTED ACCOUNTING PRINCIPLES FOR RECOGNITION, MEASUREMENT, PRESENTATION AND DISCLOSURE RELATING TO UNCERTAIN TAX POSITIONS. THIS GUIDANCE CLARIFIES THE ACCOUNTING AND RECOGNITION FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE CENTER'S INCOME TAX RETURNS. THE CENTER'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE FISCAL YEARS OF FILINGS OPEN TO THESE AUTHORITIES AND AVAILABLE FOR AUDIT ARE AUGUST 31, 2011, 2012 AND 2013. THE CENTER'S POLICY WITH REGARDS TO INTEREST AND PENALTIES IS TO RECOGNIZE INTEREST THROUGH INTEREST EXPENSE AND PENALTIES THROUGH OTHER EXPENSE. IN EVALUATING THE CENTER'S TAX PROVISION AND TAX EXEMPT STATUS, INTERPRETATIONS AND TAX PLANNING STRATEGIES WERE CONSIDERED. THE CENTER BELIEVES THEIR ESTIMATES ARE APPROPRIATE BASED ON THE CURRENT FACTS AND CIRCUMSTANCES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL INTEREST IN TRUST 2,050. PART XII, LINE 4B - OTHER ADJUSTMENTS: MUSEUM STORE OPERATING EXPENSE ANNUAL GALA 350506 25000 325506 126767 ART TRAVEL 12000 12000 11678 362506 25000 337506 138445 138445 199061 0 0 0 0 0 0 0 0 0 RAPHAELA PLATOW DIRECTOR & CHIEF CURATOR 147045 0 0 0 0 0 0 0 8005 0 155050 0 0 0 X 56 137500 AUCTION SALES PRICE X 4 25920 STOCK EXCH. QUOTE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE EXECUTIVE DIRECTOR SHALL ENSURE THAT TAX PAYMENTS AND OTHER GOVERNMENT-ORDERED PAYMENTS OR FILINGS ARE FILED IN A TIMELY AND ACCURATE MANNER. THE EXECUTIVE DIRECTOR SHALL SIGN AND THE FINANCE DIRECTOR SHALL CERTIFY THAT THE IRS FORM 990 IS ACCURATE AND COMPLETE. THE FINANCE COMMITTEE SHALL REVIEW AND APPROVE THE IRS FORM 990 ANNUAL TAX FILING PRIOR TO SUBMISSION AND A COPY OF THE IRS FORM 990 WILL BE MADE AVAILABLE TO THE BOARD 30 DAYS PRIOR TO FILING. CONSISTENT WITH THE REQUIREMENTS OF SECTION 6104(D) OF THE INTERNAL REVENUE CODE AND THE REGULATIONS THEREUNDER, COPIES OF THE CONTEMPORARY ARTS CENTER'S FORM 990 SHALL BE MADE AVAILABLE, UPON REQUEST, IN A TIMELY MANNER, AND SUBJECT TO THE CHARGES PERMITTED BY LAW TO ANY INDIVIDUALS WHO REQUEST IT. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE IS REVIEWED QUARTERLY AND THOSE WHO HAVE NOT COMPLETED THE DISCLOSURE FORMS ARE ASKED TO DO SO. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S COMPENSATION PACKAGE WILL BE REVIEWED AND PRESENTED TO HIM OR HER WITHIN SIX WEEKS OF THE FACE-TO-FACE ANNUAL PERFORMANCE REVIEW. THE PERSONNEL COMMITTEE, WHOSE DUTIES INCLUDE DETERMINING THE YEARLY EVALUATION OF THE SALARY OF THE CHIEF EXECUTIVE OF THE ORGANIZATION, WILL HOLD A DISCUSSION CONCERNING COMPENSATION THAT WILL INCLUDE COMPLETION OF OBJECTIVES ESTABLISHED IN THE ANNUAL BUDGET AND STRATEGIC PLAN. THE COMMITTEE WILL BENCHMARK COMPENSATION FOR THE POSITION UTILIZING INDUSTRY-SPECIFIC REPORTS AND OTHER STUDIES. THE PERSONNEL COMMITTEE WILL RECOMMEND A COMPENSATION PACKAGE TO THE PRESIDENT AND EXECUTIVE COMMITTEE. UPON THEIR APPROVAL, THE PRESIDENT WILL PRESENT A SUMMARY OF THE PERFORMANCE REVIEW WITH SALARY AND BONUS RECOMMENDATIONS TO THE FULL BOARD IN AN EXECUTIVE SESSION OF A BOARD MEETING. UPON THE APPROVAL OF THE BOARD, THE COMPENSATION PACKAGE WILL BE PRESENTED TO THE CHIEF EXECUTIVE. THE PRESIDENT WILL COMMUNICATE CHANGES IN THE COMPENSATION PACKAGE TO THE HUMAN RESOURCES DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC BY REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST IN TRUST 2,050. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED.