2015-04-01T09:23:31-05:00 2014-09-30 Kundinger Corder & Engle PC 475 Lincoln Street Suite 200 Denver CO 80203 990 2013-10-01 846038240 Denver Art Museum DENV 7209130022 100 W 14th Avenue Parkway Denver CO 80204 Christoph Heinrich Director 7209130022 2015-01-08 1 Laurie Anderson P01416697 3035345953 2015-02-23 2013 2016-02-25 16:41:14Z Christoph Heinrich 100 W 14th Avenue Parkway Denver CO 80204 77101899 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. 32 32 524 473 0 0 24825039 63000470 6753513 4857604 90921 4616363 2669183 2818837 34338656 75293274 0 0 0 0 11196189 11851665 0 0 1715023 18334958 23830326 29531147 35681991 4807509 39611283 48441083 56268097 5447452 12311059 42993631 43957038 X See description for Part I, Line 1 on Schedule O. 0 0 17151009 5542392 Exhibitions and Collections - See Schedule OExhibitions and Collections: Each year, the Denver Art Museum (DAM) presents a wide range of world-class exhibitions that provide a variety of experiences with art, regularly attracting more than 650,000 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 experiences with art. A trio of exhibitions in 2014 exemplifies the DAM's intention to provide visitors with exceptional experiences with art. Passport to Paris featured numerous masterpieces and exquisite paintings and drawings across three galleries in the Hamilton Building. The suite included Nature as Muse: Impressionist Landscapes from the Frederic C. Hamilton Collection and the Denver Art Museum; Court to Cafe: Three Centuries of French Masterworks from the Wadsworth Atheneum; and Drawing Room: An Intimate Look at French Drawings from the Esmond Bradley Martin Collection.Modern Masters: 20th Century Icons from Albright-Knox Gallery offered visitors an overview of important works spanning a range of styles and subjects. All drawn from the venerable Albright-Knox Gallery's collections, the collection brought together highlights of post-Impressionism by Henri de Toulouse-Lautrec, Paul Gaugin, and Vincent Van Gogh, modernist masterworks by Jackson Pollack, Robert Motherwell, Mark Rothko, and Willem de Kooning, and examples from many of the major art movements including cubism, surrealism, and pop art. Beyond Pop Art: A Tom Wesselmann Retrospective followed the development of the artist's work, series by series, from the earliest abstract collages to his well-known series, Great American Nude, and still lifes of his pop period to the cut-steel drawings and Sunset Nudes of his late work.Other exhibition highlights in 2014 include: At the Mirror: Reflections of Japan in 20th Century Prints,Daniel Sprick's Fictions: Recent Works, The American West in Bronze, 1850-1925 Drawings: Carroll Dunham, Drawn to Action: Posters from the AIGA Design Archives, First Glance/Second Look: Quilts from the Denver Art Museum Collection, The Roath Collection of Western American Art, Epic: Joseph Stashkevetch Drawings, Rebranded: Polish Film Posters for the American Western, Seen in Passing: Photographs by Chuck Forsman, Cover Story. 8075399 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 volunteers and others to conduct frequent educational programs such as tours, public talks, interpretive programs, 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. 1760112 206982 Education Programs - See Schedule OEducation Programs: The Denver Art Museum (DAM) is committed to making art meaningful and enjoyable to people of all ages and backgrounds through its programs, exhibitions and installed galleries. The Museum's education department is a pioneer in the field of museum education, and is well-regarded internationally for its innovative approach to program development. 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. DAM staff also host visits from national and international colleagues seeking to learn from our approaches to in-gallery interpretation. In fiscal year 2014, more than a dozen professional colleagues visited Denver to learn from DAM staff. Family Programs: The DAM is committed to being a truly family-friendly institution. The Museum's approach is two-pronged: 1) offer programs and activities at "peak family times" (weekends and school breaks); and 2) integrate family materials into installations, exhibitions, and public spaces so there is always something for families to do together. Family activities are always available and 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 Playdates! targets 3-5 year olds and their families and Fox Tales 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. In 2014, Sculpture Studio accompanied The American West in Bronze.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 education 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. Overall, education programs both onsite and online served more than 700,000 people in 2014, a significant increase over the previous year attributable to exceptional attendance onsite and increased traffic to online offerings such as Creativity Resource and social media interactions. 750485 1460669 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. 750485 1460669 27737005 1 1 0 0 0 0 0 1 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 1 247 0 1 524 1 0 0 0 0 0 1 1 0 0 0 0 X 32 32 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Curtis Woitte Deputy Director and 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 Christoph Heinrich Director 40.00 X 221868 0 28095 Curtis Woitte Deputy Director/CFO 40.00 X 124156 0 23069 Andrea Fulton Dep. Dir./Chief Marketing 40.00 X 124346 0 27733 Melora McDermott-Lewis Director of Education 40.00 X 107909 0 32750 Arpie Chucovich Director of Development 40.00 X 117207 0 14069 Nancy Blomberg Chief Curator 40.00 X 126843 0 14627 Margaret Young-Sanchez Senior Curator 40.00 X 112536 0 24940 Timothy Standring Gates Curator 40.00 X 110320 0 24395 1045185 0 189678 8 0 1 0 Roth Sheppard Architects 1900 Wazee Street 100 Denver CO 80202 Architect and design services 410740 The Landmark Group LLC 9713 Chanteclair Circle Highlands Ranch CO 80126 Owner's Representative 136361 Godwin Effiong 2878 S Delaware St Englewood CO 80110 Computer Programming Services 121534 Spatial Poetics LLC 3636 Chestnut Place Denver CO 80216 Exhibit Design Services 120168 4 3567013 1185120 5262343 9354436 43631558 39294550 63000470 Admissions & Prog Fees 900099 4650622 4650622 Education 900099 206982 206982 4857604 40097 40097 586455 115598 470857 470857 470857 68560 4507706 0 0 68560 4507706 4576266 4576266 369253 1185120 369253 0 2760089 1323774 1436315 1436315 Sale of Art Proceeds 900099 653761 653761 Miscellaneous Revenue 900099 238009 238009 Parking 900099 19895 19895 911665 75293274 7185689 0 5107115 X 640437 255210 290607 94620 11211228 7971418 2554800 685010 15089 15089 74800 74800 6303 6303 1089419 572765 464683 51971 1403179 859390 507668 36121 1663527 1619881 43646 169126 122331 39673 7122 225 225 1628106 1466720 123602 37784 Exhibitions 10594923 10594923 Marketing/Vis. Services 1618357 441585 1176772 Repairs and Maintenance 1196417 1196417 Gift Shop, Restaurant, 750484 750484 3620371 1885881 932095 802395 35681991 27737005 6229963 1715023 3427177 1122197 566921 748039 13566058 11492549 424702 157025 202258 116977 434770 418788 1353841 1792875 54833286 27771743 17989354 27061543 8211241 10607114 1993634 2478078 271127 272912 48441083 56268097 3260086 8354847 767366 806713 2094499 1420000 1055000 5447452 12311059 X 28984784 33445483 13682319 10231643 326528 279912 42993631 43957038 48441083 56268097 X 39611283 138694 -38786570 X X 0 1 X 1 0 X 19278018 18303730 36749961 18162526 55830452 148324687 5272005 5614882 5893243 6216586 6636342 29633058 265634 519717 500380 445927 533676 2265334 24815657 24438329 43143584 24825039 63000470 180223079 180223079 506770 552420 538129 604003 602198 2803520 320326 324968 315696 406597 369253 1736840 184763439 31831179 0.97540 0.96980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 4600000 4600000 46730299 26781075 19949224 3502987 990668 2512319 27061543 Note Payable to Denver Art Museum Foundation 920000 Refundable Advance - challenge grant 135000 1055000 X 36343625 138694 242692 381386 35962239 6302 39324733 39331035 75293274 29220341 242692 115598 358290 28862051 6302 6813638 6819940 35681991 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. The Museum is an accessible, quality destination, welcoming over 650,000 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, 2011. Part XI, Line 4b - Other Adjustments: Gifts of Art 38,786,570. Rental Expense -115,598. Art Proceeds 653,761. Part XII, Line 2d - Other Adjustments: Rental Expense 115,598. Part XII, Line 4b - Other Adjustments: Transfers to DAMF 243,588. Acquistions of Art 6,570,050. Collectors Choice 712784 567663 145121 51120 32269 61732 DAM Uncorked 554517 421673 132844 66778 6166 59900 4 287072 195784 91288 52253 7096 31939 1554373 1185120 369253 170151 45531 153571 369253 0 X 1 1 X X 0 0 0 0 0 0 0 0 0 Christoph Heinrich Director 221868 0 0 0 0 0 9000 0 19095 0 249963 0 0 0 Andrea Fulton Dep. Dir./Chief Marketing 124346 0 0 0 0 0 5323 0 22410 0 152079 0 0 0 A Colorado Educational and Cultural Facilities Authority 840896727 2013-11-19 4000000 Buildings and structures 0 0 0 A 2129999 2129999 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 1 0 0 1 0 0 0 0 A 1 X 436 38786570 FMV X 8 322305 FMV X City indirect 1 533676 Reported by City 0 1 0 Form 990, Part VI, Section A, line 6 The Denver Art Museum has over 34,000 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 Consult. & Assistance: Program service expenses 274,342. Management and general expenses 443,402. Fundraising expenses 3,108. Total expenses 720,852. Support Group/Volunteer Council: Program service expenses 0. Management and general expenses 0. Fundraising expenses 578,617. Total expenses 578,617. Education Programs: Program service expenses 502,031. Management and general expenses 0. Fundraising expenses 0. Total expenses 502,031. Contract salaries and wages: Program service expenses 497,801. Management and general expenses 0. Fundraising expenses 0. Total expenses 497,801. Miscellaneous: Program service expenses 252,172. Management and general expenses 108,528. Fundraising expenses 0. Total expenses 360,700. Equipment Rental and Maintenance: Program service expenses 101,836. Management and general expenses 210,090. Fundraising expenses 0. Total expenses 311,926. Fundraising: Program service expenses 0. Management and general expenses 0. Fundraising expenses 220,670. Total expenses 220,670. Activity Support: Program service expenses 163,422. Management and general expenses 0. Fundraising expenses 0. Total expenses 163,422. Membership: Program service expenses 0. Management and general expenses 116,597. Fundraising expenses 0. Total expenses 116,597. Entertainment: Program service expenses 31,154. Management and general expenses 27,789. Fundraising expenses 0. Total expenses 58,943. Volunteer Expense: Program service expenses 40,272. Management and general expenses 0. Fundraising expenses 0. Total expenses 40,272. Recruiting Fees: Program service expenses 0. Management and general expenses 17,074. Fundraising expenses 0. Total expenses 17,074. Library Additions: Program service expenses 12,952. Management and general expenses 177. Fundraising expenses 0. Total expenses 13,129. Storage: Program service expenses 9,899. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,899. Trustee Expense: Program service expenses 0. Management and general expenses 8,438. Fundraising expenses 0. Total expenses 8,438. Form 990, Part XI, line 9: Gifts of Art -38,786,570. 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 1537844 N/A 1240-1250 Bannock Street LLC 100 W 14th Avenue Denver CO 80204 846038240 Hold Real Estate CO N/A H-Street Properties LLC 100 W 14th Avenue Denver CO 80204 846038240 Hold Real Estate CO N/A DAM Office LLC 100 W 14th Avenue Denver CO 80204 846038240 Hold Real Estate CO 12532357 N/A 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