SANTA FE ART INSTITUTE: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
SANTA FE ART INSTITUTE (EIN 85-0404277)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-11-12
IRS object ID
201543169349301019
Schema version
2014v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2015-11-12T09:50:47-06:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN850455053PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SWAIN & GRIECO LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12050 BOTULPH ROAD SUITE AAddressLine1Txt
CitySANTA FECityNm
State AbbreviationNMStateAbbreviationCd
ZIP87505ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN850404277EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SANTA FE ART INSTITUTE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSANTBusinessNameControlTxt
Phone5054245050PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11600 ST MICHAELS DRIVEAddressLine1Txt
CitySANTA FECityNm
State AbbreviationNMStateAbbreviationCd
ZIP87505ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOYCE IDEMAPersonNm
Person TitleCHAIRPersonTitleTxt
Phone5054245050PhoneNum
Signature2015-11-09SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL D SWAIN CPAPreparerPersonNm
PTINP00120406PTIN
Phone5059883770PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-04-25 22:37:26ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJOYCE IDEMAPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11600 ST MICHAELS DRIVEAddressLine1Txt
CitySANTA FECityNm
State AbbreviationNMStateAbbreviationCd
ZIP87505ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,338,955GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.SFAI.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1992FormationYr
Legal Domicile StateNMLegalDomicileStateCd
Activity Or MissionSANTA FE ART INSTITUTE BRINGS TOGETHER CONTEMPORARY ART AND SOCIETY THROUGH ARTIST RESIDENCIES, LECTURES, WORKSHOPS, EXHIBITIONS, AND YOUTH EDUCATIONAL OUTREACH PROGRAM.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee9TotalEmployeeCnt
Total Volunteers12TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$302,029PYContributionsGrantsAmt
CY Contributions Grants$268,129CYContributionsGrantsAmt
PY Program Service Revenue$51,478PYProgramServiceRevenueAmt
CY Program Service Revenue$41,832CYProgramServiceRevenueAmt
PY Investment Income$321,305PYInvestmentIncomeAmt
CY Investment Income$389,532CYInvestmentIncomeAmt
PY Other Revenue$3,152PYOtherRevenueAmt
CY Other Revenue$1,415CYOtherRevenueAmt
PY Total Revenue$677,964PYTotalRevenueAmt
CY Total Revenue$700,908CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$444,702PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$406,871CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$88,111CYTotalFundraisingExpenseAmt
PY Other Expenses$449,069PYOtherExpensesAmt
CY Other Expenses$423,211CYOtherExpensesAmt
PY Total Expenses$893,771PYTotalExpensesAmt
CY Total Expenses$830,082CYTotalExpensesAmt
PY Revenues Less Expenses-$215,807PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$129,174CYRevenuesLessExpensesAmt
Total Assets BOY$5,055,202TotalAssetsBOYAmt
Total Assets EOY$4,786,008TotalAssetsEOYAmt
Total Liabilities BOY$48,923TotalLiabilitiesBOYAmt
Total Liabilities EOY$49,545TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$5,006,279NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,736,463NetAssetsOrFundBalancesEOYAmt
MissionSANTA FE ART INSTITUTE BRINGS TOGETHER CONTEMPORARY ART AND SOCIETY THROUGH ARTIST RESIDENCIES, LECTURES, WORKSHOPS, EXHIBITIONS, AND YOUTH EDUCATIONAL OUTREACH PROGRAM.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$354,733ExpenseAmt
Revenue$1,640RevenueAmt
DescGENERAL PROGRAMS - BRINGING TOGETHER PROMINENT INDIVIDUALS AND INSTITUTIONS IN THE ARTS, SCIENCES, AND HUMANITIES THROUGH LECTURES, WORKSHOPS, PUBLICATIONS AND EXHIBITIONS SERVING ARTISTS AT VARIOUS STAGES OF THEIR CAREERS AND DIVERSE AUDIENCES. THE GENERAL PROGRAMS SERVING APPROXIMATELY 5,681 IN 2014.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$100,596ExpenseAmt
Revenue$41,607RevenueAmt
DescARTISTS IN RESIDENCE - THROUGH A COMPETITIVE SELECTION PROCESS FOR ARTISTS AND WRITERS RESIDENCIES THAT FOCUS ON THE PROFESSIONAL EXPERIENCE OF THE ARTIST, QUALITY OF THEIR PAST WORK, AND THEIR POTENTIAL TO HAVE A PRODUCTIVE RESIDENCY. THIS PROGRAM PROVIDES A COHESIVE, ARTS-FOCUSED ENVIRONMENT THAT CREATES IDEAL WORKING CONDITIONS FOR THE RESIDENT ARTIST. THE PROGRAM SERVED 52 RESIDENTS DURING 2014.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$74,123ExpenseAmt
DescEDUCATION AND OUTREACH - CREATING NEW ARTISTS AND AUDIENCES AND EMPOWERING THEM TO SHAPE ART'S FUTURE THROUGH ART WORKSHOPS FOR TEENS AND ADULTS. THIS INCLUDES VARIOUS ELEMENTS FROM VISUAL ARTS, PROSE, POETRY, AUDIT AND EXHIBITIONS. THE PROGRAM SERVED APPROX 520 PEOPLE IN 2014.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$529,452TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document27IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee9EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNMStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5054245050PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11600 ST MICHAELS DRIVEAddressLine1Txt
CitySANTA FECityNm
State AbbreviationNMStateAbbreviationCd
ZIP87502ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JOYCE IDEMA
CHAIR1.00Yes (X)Yes (X)$0$0$0
MARY JUDGE
VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
LAEL F JOHNSON
TREASURER1.00Yes (X)Yes (X)$0$0$0
SYDNEY COOPER
TRUSTEE1.00Yes (X)$0$0$0
DORIS FRANCIS
TRUSTEE1.00Yes (X)$0$0$0
TED HARRISON
TRUSTEE1.00Yes (X)$0$0$0
KAREN PARAMANANDAM
TRUSTEE1.00Yes (X)$0$0$0
CELESTE WORL
TRUSTEE1.00Yes (X)$0$0$0
SANJIT SETHI
BOARD PRESIDENT/EXECUTIVE DIRECTOR40.00Yes (X)Yes (X)$147,661$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$147,661TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$8,750GovernmentGrantsAmt
All Other Contributions$259,379AllOtherContributionsAmt
Total Contributions$268,129TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION & FEE REVENUE611600$41,607$41,607
ROOM & FACILITY RENTAL721310$225$225
FieldValueIRS element (for citing)
Total Program Service Revenue$41,832TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$55,569TotalRevenueColumnAmt
Exclusion$55,569ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$971,210SecuritiesAmt
Other$800OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$638,047SecuritiesAmt
Other$0OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$333,163SecuritiesAmt
Other$800OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$333,963TotalRevenueColumnAmt
Exclusion$333,963ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
FUNDRAISING900099$1,169$1,169
PRODUCT SALES900099$246$246
FieldValueIRS element (for citing)
Other Revenue Total$1,415OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$700,908TotalRevenueColumnAmt
Related Or Exempt Func Income$43,247RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$389,532ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$335,464TotalAmt
Program Services$211,998ProgramServicesAmt
Management And General$69,635ManagementAndGeneralAmt
Fundraising$53,831FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$46,042TotalAmt
Program Services$29,006ProgramServicesAmt
Management And General$9,669ManagementAndGeneralAmt
Fundraising$7,367FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$25,365TotalAmt
Program Services$16,119ProgramServicesAmt
Management And General$5,154ManagementAndGeneralAmt
Fundraising$4,092FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$136,245TotalAmt
Program Services$54,295ProgramServicesAmt
Management And General$80,184ManagementAndGeneralAmt
Fundraising$1,766FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$12,781TotalAmt
Program Services$12,781ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$2,464TotalAmt
Management And General$2,464ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$123,776TotalAmt
Program Services$99,021ProgramServicesAmt
Management And General$18,566ManagementAndGeneralAmt
Fundraising$6,189FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$14,655TotalAmt
Program Services$2,930ProgramServicesAmt
Management And General$4,397ManagementAndGeneralAmt
Fundraising$7,328FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$9,244TotalAmt
Program Services$9,244ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$21,812TotalAmt
Program Services$16,227ProgramServicesAmt
Management And General$4,571ManagementAndGeneralAmt
Fundraising$1,014FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
BUILDING REPAIRS & MAIN$44,322$35,458$6,648$2,216
SUPPLIES$23,894$18,003$5,443$448
PRINTING$7,365$7,365
DINING$6,350$1,270$1,905$3,175

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$20,303TotalAmt
Program Services$15,735ProgramServicesAmt
Management And General$3,883ManagementAndGeneralAmt
Fundraising$685FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$830,082TotalAmt
Program Services$529,452ProgramServicesAmt
Management And General$212,519ManagementAndGeneralAmt
Fundraising$88,111FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,289BOYAmt
EOY$3,756EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$96,937BOYAmt
EOY$133,142EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$150,000BOYAmt
EOY$150,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$576BOYAmt
EOY$2,019EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$3,627,673LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,781,847LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,897,376BOYAmt
EOY$1,845,826EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$2,894,434BOYAmt
EOY$2,638,675EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$12,590BOYAmt
EOY$12,590EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$5,055,202BOYAmt
EOY$4,786,008EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$43,332BOYAmt
EOY$47,271EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,591BOYAmt
EOY$2,274EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$48,923BOYAmt
EOY$49,545EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,402,495BOYAmt
EOY$2,294,147EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,124,159BOYAmt
EOY$1,957,800EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$479,625BOYAmt
EOY$484,516EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,006,279BOYAmt
EOY$4,736,463EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,055,202BOYAmt
EOY$4,786,008EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$129,174ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$140,642NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$563,604CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$605,525CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$561,588CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$301,740CurrentTaxYearMinus1YearAmt
Current Tax Year$268,129CurrentTaxYearAmt
Total$2,300,586TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$76,982CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$54,630CurrentTaxYearMinus1YearAmt
Current Tax Year$43,247CurrentTaxYearAmt
Total$174,859TotalAmt

Govt Furn Srvc Fclts Vl509 GovtFurnSrvcFcltsVl509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$78,600CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$78,600CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$78,600CurrentTaxYearMinus1YearAmt
Current Tax Year$78,600CurrentTaxYearAmt
Total$314,400TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$563,604CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$684,125CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$717,170CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$434,970CurrentTaxYearMinus1YearAmt
Current Tax Year$389,976CurrentTaxYearAmt
Total$2,789,845TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$2,789,845PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$44,719CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$46,204CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$51,066CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$59,528CurrentTaxYearMinus1YearAmt
Current Tax Year$55,569CurrentTaxYearAmt
Total$257,086TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$44,719CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$46,204CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$51,066CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$59,528CurrentTaxYearMinus1YearAmt
Current Tax Year$55,569CurrentTaxYearAmt
Total$257,086TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$608,323CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$730,329CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$768,236CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$494,498CurrentTaxYearMinus1YearAmt
Current Tax Year$445,545CurrentTaxYearAmt
Total$3,046,931TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.91560PublicSupportCY509Pct
Investment Income CY0.08440InvestmentIncomeCYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$450,000BeginningYearBalanceAmt
End Year Balance$450,000EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$450,000BeginningYearBalanceAmt
End Year Balance$450,000EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$450,000BeginningYearBalanceAmt
End Year Balance$450,000EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,593,712BeginningYearBalanceAmt
Contributions-$2,184,932ContributionsAmt
Investment Earnings Or Losses$41,220InvestmentEarningsOrLossesAmt
End Year Balance$450,000EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,361,547BeginningYearBalanceAmt
Investment Earnings Or Losses$232,165InvestmentEarningsOrLossesAmt
End Year Balance$2,593,712EndYearBalanceAmt
FieldValueIRS element (for citing)
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,144,000OtherCostOrOtherBasisAmt
Depreciation$1,336,200DepreciationAmt
Book Value$1,807,800BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$191,029OtherCostOrOtherBasisAmt
Depreciation$187,424DepreciationAmt
Book Value$3,605BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$277,644OtherCostOrOtherBasisAmt
Depreciation$243,223DepreciationAmt
Book Value$34,421BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$15,000OtherCostOrOtherBasisAmt
Depreciation$15,000DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,845,826TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescVARIOUS PUBLICLY TRADED SECURITIESDesc
Book Value$2,638,675BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$2,638,675TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescPAYROLL LIABILITIESDesc
Amt$2,274Amt
FieldValueIRS element (for citing)
Total Liability$2,274TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$560,266TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$140,642NetUnrealizedGainsInvstAmt
Revenue Not Reported-$140,642RevenueNotReportedAmt
Revenue Subtotal$700,908RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$700,908TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$830,082TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$830,082ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$830,082TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 4:THE INSTITUTE'S ART COLLECTION CONSISTS OF ARTWORKS DONATED BY PARTICIPANTS IN THE ARTIST RESIDENCY PROGRAM AND ARE AVAILABLE FOR PUBLIC EXHIBITION TO HELP COMMUNICATE THE INSTITUTE'S MISSION TO THE PUBLIC AND NEW ARTISTS IN RESIDENCE.
PART V, LINE 4:THE PERMANENTLY RESTRICTED NET ASSETS PROVIDE A PERMANENT SOURCE OF FUNDING FOR THE ORGANIZATION. THESE CONTRIBUTIONS ARE HELD IN PERPETUITY; HOWEVER, THE ORGANIZATION MAY USE ALL CAPITAL GAIN DISTRIBUTIONS, DIVIDEND AND INTEREST INCOME AS NEEDED FOR CURRENT OPERATIONS.
PART X, LINE 2:ALTHOUGH EXEMPT FROM FEDERAL INCOME TAX, THE INSTITUTE IS SUBJECT TO TAX ON INCOME FROM ANY UNRELATED BUSINESS ACTIVITIES. DURING THE YEAR ENDED DECEMBER 31, 2014, THE INSTITUTE DID NOT CONDUCT ACTIVITIES SUBJECT TO TAX FOR UNRELATED BUSINESS INCOME. ON JANUARY 1, 2009, THE INSTITUTE ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, WITH NO CUMULATIVE EFFECT ADJUSTMENT REQUIRED. AS OF DECEMBER 31, 2014, TAX YEARS 2011 THROUGH 2013 REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6MEMBERS
FORM 990, PART VI, SECTION B, LINE 11ORGANIZATION'S PROCESS TO REVIEW FORM 990 AVAILABLE VIA WEBSITE FOR BOARD MEMBERS.
FORM 990, PART VI, SECTION B, LINE 12CCONFLICT OF INTEREST POLICIES UPDATED ANNUALLY BY MEMBERS.
FORM 990, PART VI, SECTION C, LINE 19WRITTEN REQUEST FOR DOCUMENTS WHICH ARE PROVIDED WITHIN A TIMELY RESPONSE.
FORM 990, PART IX, LINE 11GARTISTS' HONORARIUM: PROGRAM SERVICE EXPENSES 46,178. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 46,178. ACCOUNTING SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 18,405. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,405. BROKER FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 24,308. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,308. CONSULTANTS & CONTRACT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 36,412. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 36,412. GRAPHIC AND WEB DESIGN: PROGRAM SERVICE EXPENSES 5,523. MANAGEMENT AND GENERAL EXPENSES 1,059. FUNDRAISING EXPENSES 1,766. TOTAL EXPENSES 8,348. TECHNICAL SERVICES: PROGRAM SERVICE EXPENSES 2,594. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,594.

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