2015-01-16T14:26:34-06:00 2014-06-30 KPMG LLP 4200 Wells Fargo Ctr 90 S 7th Minneapolis MN 55402 990 2013-07-01 410693929 Walker Art Center % Mary Polta WALK 6123757647 1750 Hennepin Avenue Suite Minneapolis MN 55403 Mary Polta Chief Financial Officer 6123757647 2015-01-08 true Ann K Lamoureux P00691316 6123757647 2013 2016-02-25 16:41:14Z 31374505 false X www.walkerart.org X 1946 MN WALKER ART CENTER IS A CATALYST FOR THE CREATIVE EXPRESSION OF ARTISTS AND THE ACTIVE ENGAGEMENT OF AUDIENCES THAT EXAMINES THE QUESTIONS THAT SHAPE AND INSPIRE US. 50 50 236 513 43699 22552114 13478987 2779307 3984380 3408176 2828955 388828 431744 29128425 20724066 0 0 0 0 8350468 8217329 0 0 1504152 13875384 16202225 22225852 24419554 6902573 -3695488 275796103 294269370 10817309 10555850 264978794 283713520 X WALKER ART CENTER IS A CATALYST FOR THE CREATIVE EXPRESSION OF ARTISTS AND THE ACTIVE ENGAGEMENT OF AUDIENCES THAT EXAMINES THE QUESTIONS THAT SHAPE AND INSPIRE US AS INDIVIDUALS, CULTURES AND COMMUNITIES. false false 6075237 1354720 Exhibitions of paintings, sculpture, prints, photography and new media with an emphasis on contemporary art. 3284781 1891254 Outdoor programming and sculpture garden: open field, artist designed minigolf, and Rock the Garden programming. 1995842 55942 Educational programs 1767339 Art acquisitions 1763184 251616 Performing Arts 89911 Art Acquisition Expenses 317662 Facility: Campus Master Plan 592713 99172 Program Support 267890 Curatorial and Design Fellowships 269698 New Media Initiatives 1534107 332483 Film 13792 Royalties 92121 Facility Rental Related 116994 Retail Related 98788 Ticketing Related 41453 Restaurant Equipment Amortization 6602504 1046419 17958364 true true false true false false false true false true true true false false true true true false false false false false false false true false false false false true false false false true false false false false true true false false false false false false false true 230 0 true 236 true true true false false false false true true false false false false X 50 50 true false false false false false false true true false false true true true true true true true true false MN X Mary Polta 6123757647 1750 Hennepin Avenue Minneapolis MN 55403 X James G Dayton President 1.0 X X John Christakos Treasurer 1.0 X X Marjorie Weiser Vice-President 1.0 X X Monica Nassif Secretary 1.0 X X Patrick Denzer Vice-President 1.0 X X Adrian Walker Public Member 1.0 X Amy Kern Public Member 1.0 X Andrew Humphrey Public Member 1.0 X Andrew S Duff Public Member 1.0 X Ann Cadwalader Public Member 1.0 X Ann Hatch Public Member 1.0 X Anne Labovitz Public Member 1.0 X Audrey Wilf Public Member 1.0 X Brian Pietsch Public Member 1.0 X Brooks Walker Jr Public Member 1.0 X Carol Surface Public Member 1.0 X Chris Askew Public Member 1.0 X Chris Killingstad Public Member 1.0 X D Ellen Wilson Public Member 1.0 X Dawn Owens Public Member 1.0 X Donna Pohlad Public Member 1.0 X Elaine B Walker Public Member 1.0 X Elizabeth Redleaf Public Member 1.0 X Gil Roeder Public Member 1.0 X Greg Stenmoe Public Member 1.0 X Jan Breyer Public Member 1.0 X Jean Walker Lowell Public Member 1.0 X Jennifer Martin Public Member 1.0 X Jesse Singh Public Member 1.0 X Joan Nolan Public Member 1.0 X Joel Ronning Public Member 1.0 X John Whaley Public Member 1.0 X Julie Guggemos Public Member 1.0 X Karen Heithoff Public Member 1.0 X Laura Taft Public Member 1.0 X Lindsey Walker Public Member 1.0 X Lynn Carlson Schell Public Member 1.0 X Mark Addicks Public Member 1.0 X Michael Peterman Public Member 1.0 X Mike Sweeney Public Member 1.0 X Martha MacMillan Public Member 1.0 X Nina Hale Public Member 1.0 X Patrick Peyton Public Member 1.0 X Rebecca Pohlad Public Member 1.0 X Richard B Hirst Public Member 1.0 X Sima Griffith Public Member 1.0 X Susan White Public Member 1.0 X Teresa Rasmussen Public Member 1.0 X Tom Wicka Public Member 1.0 X Wim Stocks Public Member 1.0 X Christopher Stevens Chief of Advancement 35.0 X 174527 14693 David Galligan Deputy Director, COO 35.0 X 163116 19225 Mary Polta Chief Financial Officer 35.0 X 156464 15654 Olga Viso Executive Director 35.0 X 444082 0 25190 Andrew Blauvelt Sr Curator Design 35.0 X 160060 12264 Philip Bither Sr Curator Performing Arts 35.0 X 134579 17569 Ryan French Director Marketing and PR 35.0 X 109297 8409 Sarah Schultz Director of Education 35.0 X 100790 8127 Darsie Alexander Chief Curator 35.0 X 183512 14001 1626427 0 135132 9 false true false Common Sense Building Services 1300 Godward St NE Minneapolis MN 55413 Contracted Service 1370820 DAmico Catering Inc 211 N First Street Minneapolis MN 55401 Catering 322401 M A Mortenson 700 Meadow Lane North Minneapolis MN 55422 Construction 5416037 Hammel Green and Abrahamson 701 Washington Avenue Minneapolis MN 55401 Architect 401119 Bungalow Six 4940 West 35th Street Minneapolis MN 55416 Event Management 189817 7 X 436927 538221 868617 11635222 898692 13478987 Event Admissions 711190 1767229 1767229 MUSEUM ADMISSIONS 713990 377568 377568 COSPONSOR FEES 711190 70353 70353 EXHIBITION RENTAL AND SHIPPING FEES 713990 700519 700519 Exhibition Catalogs and Prints 713990 119237 119237 949474 949474 3984380 248352 248352 0 13792 13792 1243375 752477 490898 0 490898 92121 51605 347172 10989091 8408488 2580603 2580603 2580603 46686 538221 369768 -323082 -323082 0 1228794 1119706 109088 116994 -7906 Ticket Service Charges 713110 98788 98788 RESTAURANT EQUIPMENT AMORTIZATION 541800 41453 41453 MISCELLANEOUS 713110 807 807 141048 20724066 4348335 43699 2853045 X 0 0 0 0 1126500 366941 555247 204312 0 6059831 4145965 1114119 799747 320791 238027 82764 364079 270147 93932 346128 256827 89301 0 32745 300 32445 91830 91830 36075 36075 0 0 4088313 3775721 251595 60997 662300 629194 2861 30245 1094872 931954 120542 42376 47224 35065 12159 2887 2887 518418 403691 114727 579339 469311 59478 50550 0 25912 20572 2535 2805 21304 15978 5326 0 3133531 1809273 1324258 187916 132763 55153 Art Acquisitions 1767339 1767339 Hospitality 591215 329700 65705 195810 BLDG/EQUIP MAJOR MTCE 1063468 315918 744152 3398 Exhibition Fees and Shipping 1297820 1293843 3977 959717 746948 98857 113912 24419554 17958364 4957038 1504152 X 999360 1624525 17000848 12952160 10205763 12230104 293302 675130 56667 16667 0 0 0 0 470338 603343 269734 240182 104391748 37184043 65967365 67207705 0 0 180451220 198719554 0 0 0 0 81506 0 275796103 294269370 2909504 2980366 0 0 823946 945906 0 0 0 0 0 0 0 0 1103000 953000 5980859 5676578 10817309 10555850 X 84685234 92791834 106343723 95366645 73949837 95555041 264978794 283713520 275796103 294269370 X -3695488 20550120 1880094 X false true X true false X 14489770 15543604 20857801 15331510 11576606 77799291 0 0 14489770 15543604 20857801 15331510 11576606 77799291 23720777 54078514 1358094 1496764 1499221 1851176 1529151 7734406 0 179785 85426 117953 126064 141048 650276 86183973 18119017 0.62748 0.64300 X NA RESTRICTED RESTRICTED RESTRICTED 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Collection Question 1a Works of art in the Walker's collection are not recognized as assets on the statement of financial position. Purchases of artwork are recognized as decreases in unrestricted net assets in the year in which the items are acquired. If a donor makes a contribution intended to fund the subsequent purchase of artwork, the contribution is recorded as a temporarily restricted net asset. Contributions of works of art are not reflected on the financial statements. Question 4 The Walker has an internationally acclaimed collection of modern and contemporary visual art, which grows each year through new acquisitions and now includes more than 11,000 works. The collection spans a diverse range of media that includes painting, sculpture, film, video, photography and works on paper. These diverse holdings reflect the Walker's unique multidisciplinary offerings in the visual, performing and media arts of our time. They provide a document of the cultural, historical and social issues that have animated the arts of the past half-century. Part V-Endowment Use Question 4 Walker's endowment provides an essential source of financial support which enables the organization to carry out its mission of being a catalyst for the creative expression of artists and the active engagement of audiences that examines the questions that shape and inspire us as individuals, cultures and communities. It is the key financial driver for the Walker's artistic excellence and stature in the contemporary arts field, providing resources for programming challenging and innovative work. Part X Question 2 The Walker's accounting policy provides that a tax expense or benefit from an uncertain tax position may be recognized when it is more likely than not that the position will be sustained upon examination, including resolutions of any related appeals or litigation processes, based on the technical merits. The Walker has no uncertain tax positions resulting in an accrual of tax expense or benefit. Part XI-Other Revenue 752,477 Part VIII Line 6b 369,768 Part VIII Line 8b 1,119,706 Part VIII Line 10b 9 Rounding 1,880,094 Adjustment prior period pledges ----------- 4,122,054 Part XII-Other Expenses 752,477 Part VIII Line 6b 369,768 Part VIII Line 8b 1,119,706 Part VIII Line 10b 9 Rounding ------------ 2,241,960 X Gala - Dinner 339157 261739 77418 196670 85944 3200 77478 Gala - Auction 245750 276482 -30732 6476 0 584907 538221 46686 196670 85944 3200 83954 369768 -323082 1750 Hennepin Avenue Minneapolis MN 55403 SUPPLEMENTAL INFORMATION REGARDING FUNDRAISING THE WALKER ART CENTER FALL 2013 FUNDRAISING EVENT GENERATED TOTAL INCOME OF $762,661 FROM SPONSORSHIPS, CONTRIBUTIONS, TICKET INCOME AND HAD DIRECT OUT OF POCKET EXPENSES OF $369,768 NETTING THE INSTITUTION $392,893. Donated items to the auction included nine works of art. Eight artworks were donated by artists and galleries and appraised by an independent art appraiser. One work was donated by a printmaker with value provided by the printmaker, not by an independent art appraiser. X X true true X X X false false false false false false false false false Christopher Stevens Chief of Advancement 174527 0 14693 189220 0 David Galligan Deputy Director, COO 162108 1008 0 19225 182341 0 Mary Polta Chief Financial Officer 151464 5000 0 15654 172118 0 Olga Viso Executive Director 400626 0 43456 0 25190 469272 0 0 Andrew Blauvelt Sr Curator Design 160060 0 12264 172324 0 Philip Bither Sr Curator Performing Arts 134579 0 17569 152148 0 Darsie Alexander Chief Curator 183512 0 14001 197513 0 Salary In fiscal year 2013-14 Executive Director Olga Viso was paid $1,386 as gross up income calculated on the imputed interest expense for her annual housing allowance installment. The compensation of David Galligan, Deputy Director/COO, reflects a partial year employment. Olga Viso Executive Housing X 200000 16667 false true true 16667 X 66 260400 IND. ART APPRAISAL X 1 X 19 627680 Proceeds Received X GOODS-AUCTION INVENTORY 4 5612 RETAIL VALUE X SERVICES-AUCTION INVENTORY 1 5000 RETAIL VALUE false false false Schedule M, Lines 1 and 3 THE WALKER ART CENTER HAS ELECTED UNDER SFAS 116 NEITHER TO RECOGNIZE REVENUE IN ITS STATEMENT OF OPERATIONS, NOR ASSETS ON ITS STATEMENT OF POSITON, WHEN DONATIONS OF ARTWORK ARE RECEIVED. THEREFORE, NO REVENUE IS RECOGNIZED ON PART VIII LINE 1 FOR THESE DONATIONS. Form 990, Part VI Line 2 QUESTION 2 A MAXIMUM OF 20 WALKER FAMILY MEMBERS MAY BE APPOINTED. IN 2013-14 THERE WERE 8 WALKER FAMILY MEMBERS APPOINTED. QUESTION 6 WALKER ART CENTER HAS A BASIC MEMBERSHIP CATEGORY OF ANNUAL GIVING. QUESTION 11B PREPARATION OF THE 990 BEGINS AFTER THE COMPLETION OF THE ANNUAL AUDIT AND ITS APPROVAL BY THE BOARD OF DIRECTORS. FINANCIAL INFORMATION IS TAKEN FROM THE ACCOUNTING DEPARTMENT RECORDS AND COMBINED WITH OTHER INSTITUTIONAL DATA AND CONTRIBUTION INFORMATION PROVIDED BY THE DEVELOPMENT DEPARTMENT. ALL INFORMATION IS FORWARDED TO THE PREPARER WHO ASSEMBLES THE RETURN FOR THE PRELIMINARY REVIEW BY WALKER STAFF AND BOARD. THE RETURN IS THEN EDITED AND FORWARDED TO THE PREPARER FOR FINAL COMPLETION AND FILED WITH ALL FEDERAL AND STATE ENTITIES. QUESTION 12c AUDIT COMMITTEE ANNUALLY REVIEWS ALL STAFF AND BOARD DISCLOSURES. IF THERE ARE SIGNIFICANT CONFLICTS, THE COMMITTEE REPORTS THIS TO THE FULL BOARD. QUESTION 15 SALARIES BASED ON ANNUAL PERFORMANCE EVALUATIONS, RELEVANT COMPARATIVE DATA COMPILED BY INDEPENDENT STUDIES. BOARD OFFICERS AUTHORIZE SALARY FOR EXECUTIVE DIRECTOR, REVIEWS EXECUTIVE DIRECTOR'S RECOMMENDATIONS FOR KEY SENIOR STAFF SALARIES. SECTION C: QUESTION 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part XI Line 9 $1,880,094 ADJUSTMENT FOR PRIOR PERIOD PLEDGES FORM 990 PART IX LINE 11G DESCRIPTION:Honoraria TOTAL FEES:240924 FORM 990 PART IX LINE 11G DESCRIPTION:Artistic Fees TOTAL FEES:522106 FORM 990 PART IX LINE 11G DESCRIPTION:Author Fees TOTAL FEES:100000 FORM 990 PART IX LINE 11G DESCRIPTION:CoSponsor Fees TOTAL FEES:327475 FORM 990 PART IX LINE 11G DESCRIPTION:Contracted Services TOTAL FEES:1631752 FORM 990 PART IX LINE 11G DESCRIPTION:Contracted Computer Support TOTAL FEES:93563 FORM 990 PART IX LINE 11G DESCRIPTION:Contracted Janitorial TOTAL FEES:285505 FORM 990 PART IX LINE 11G DESCRIPTION:Contracted Security TOTAL FEES:823546 FORM 990 PART IX LINE 11G DESCRIPTION:Contract Conservation TOTAL FEES:63442