2014-05-23T11:03:08-05:00 2013-09-30 840803727 REESE HENRY & COMPANY INC 400 EAST MAIN STREET SUITE 2 ASPEN CO 81611 990 2012-10-01 841515243 ASPEN ART MUSEUM FOUNDATION ASPE 9709258050 590 N MILL STREET ASPEN CO 81611 JONATHAN LEE 9709258050 2014-05-08 1 DENISE JURGENS CPA P00087338 9709253771 2012 2015-11-30 17:44:51Z JONATHAN LEE 590 N MILL STREET ASPEN CO 81611 1348510 0 X N/A X 1999 CO THE ESTABLISHMENT AND MAINTENANCE OF AN ENDOWMENT FUND EXCLUSIVELY FOR THE USE OF THE ASPEN ART MUSEUM. 10 10 0 0 0 0 2525428 1167123 0 0 14394 150187 -15465 -13855 2524357 1303455 3379898 161246 0 0 0 0 0 0 0 22198 13213 3402096 174459 -877739 1128996 8362680 9926021 7004 2100 8355676 9923921 THE ESTABLISHMENT AND MAINTENANCE OF AN ENDOWMENT FUND EXCLUSIVELY FOR THE USE OF THE ASPEN ART MUSEUM. 0 0 161246 161246 ESTABLISH AND MAINTAIN AN ENDOWMENT FUND EXCLUSIVELY FOR THE BENEFIT OF THE ASPEN ART MUSEUM. 161246 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 CO X X THE FOUNDATION 9709258050 590 N MILL ST ASPEN CO 81611 X JONATHAN LEE 2.00 4.00 X X 0 0 0 ALLEN QUESTROM 2.00 2.00 X X 0 0 0 PAM ALEXAMDER 2.00 2.00 X X 0 0 0 TOBY LEWIS 2.00 2.00 X X 0 0 0 SUSAN MARX 2.00 2.00 X X 0 0 0 DANNY HOLTZ 2.00 2.00 X 0 0 0 CHARLES BALBACH 2.00 2.00 X 0 0 0 JOHN PHELAN 2.00 2.00 X 0 0 0 PAUL SCHORR 2.00 2.00 X 0 0 0 LARRY MARX 2.00 2.00 X 0 0 0 0 0 0 0 0 0 0 0 1167123 1167123 150187 150187 31200 45055 -13855 -13855 -13855 1303455 0 0 136332 161246 161246 13069 13069 144 144 174459 161246 13213 0 34417 53472 2164797 1476906 5000 15000 1118360 58248 1088071 1060112 5070395 7320531 8362680 9926021 7004 2100 7004 2100 X 908198 1068648 86285 326957 7361193 8528316 8355676 9923921 8362680 9926021 1128996 439249 0 X 0 1 X 1 0 X X X 0 0 0 ASPEN ART MUSEUM 840746671 7 1 1 1 161246 1 161246 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7346662 1060654 589436 161246 13069 8822437 7898323 2406868 435015 3379898 13646 7346662 5019393 4809728 -137357 1766144 27297 7898323 5009393 10000 5019393 4649393 360000 5009393 0.03700 0.96300 1 1 1 1118360 58248 1060112 1060112 X 1782759 439249 40055 479304 1303455 0 1303455 214514 40055 40055 174459 0 174459 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT FUND EARNINGS ARE EITHER RESTRICTED OR UNRESTRICTED BASED ON THE DONOR'S REQUEST. RESTRICTED FUNDS INCLUDE EXHIBITION COSTS, LECTURE SERIES, DIRECTOR COSTS, LATIN AMERICA ART OUTREACH, ROOF DECK SCUPLTURES, AND PUBLICATIONS. THE UNRESTRICTED ENDOWMENT FUND ALLOWS EARNINGS TO BE USED FOR GENERAL MUSEUM PURPOSES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE ORGANIZATION BELIEVES THAT IT DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 45,055. GRANT ADJUSTMENT -5,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 45,055. GRANT ADJUSTMENT -5,000. 1 ASPEN ART MUSEUM 590 N MILL ST ASPEN CO 81611 840746671 501(C)(3) 161246 MUSEUM OPERATIONS PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: ENDOWMENT GRANTS MUST BE NO MORE THAN THE AMOUNT REPORTED BY THE MUSEUM AS EXPENSES FOR THE DONOR DESIGNATION. REPORTS TO DONORS, IF REQUIRED, AND MUSEUM FINANCIAL STATEMENTS ARE USED TO VERIFY GRANT REQUESTS. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION SENDS A DRAFT COPY OF THE 990 TO THE ADMINISTRATIVE OFFICE OF THE MUSEUM FOR INITIAL REVIEW. THE ADMINISTRATIVE OFFICE REVIEWS THE 990, THEN SENDS IT TO THE FOUNDATION BOARD MEMBERS FOR THEIR APPROVAL. AFTER RECEIVING APPROVAL, THE 990 IS FILED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZING DOCUMENTS AND 990 ARE MADE AVAILABLE TO THE PUBLIC BY REQUEST. 81611 PROPERTIES LLC 590 N MILL ST ASPEN CO 81611 452429880 RENT PROPERTY CO 31200 1092141 ASPEN ART MUSEUM FOUNDATION ASPEN ART MUSEUM 590 N MILL ST ASPEN CO 81611 840746671 ART MUSEUM CO 501(C)(3) LINE 7 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1