2014-05-06T11:45:59-05:00 2013-12-31 942590397 KARLSSON & LANE AN ACCOUNTANCY CORP 4725 FIRST ST STE 226 PLEASANTON CA 94566 990 2013-01-01 611615177 INTERNATIONAL ART MUSEUM OF AMERICA INTE 4153766344 1023 MARKET STREET 2ND FLOOR SAN FRANCISCO CA 94103 SHERYL YEH TREASURER 4153766344 2014-05-05 1 PENNY L LANE CPA P00743411 9252715519 2013 2015-11-30 17:44:51Z SHERYL YEH 1023 MARKET STREET 2ND FLOOR SAN FRANCISCO CA 94103 2046282 0 X WWW.IAMASF.ORG X 2009 CA THE MISSION OF INTERNATIONAL ART MUSEUM OF AMERICA (IAMA) IS TO DISPLAY THE MOST EXQUISITE, BEAUTIFUL, AND PRECIOUS ART FROM ALL OVER THE WORLD TO PROMOTE MORAL PROGRESS, SPIRITUAL HEALTH, AND CULTURAL AND ARTISTIC DEVELOPMENT OF HUMANITY AROUND THE GLOBE. ITS VISION IS TO PROVIDE A BEAUTIFUL ENVIRONMENT FOR ALL PEOPLE THAT PROMOTES HAPPINESS, WELL BEING, AESTHETIC ENJOYMENT, AND WORLD PEACE. 6 6 8 6 0 0 536406 246737 14057 34360 506 376 80175 229248 631144 510721 0 0 0 0 188327 167414 0 0 0 406542 356537 594869 523951 36275 -13230 1055474 1069421 44176 71353 1011298 998068 X THE MISSION OF INTERNATIONAL ART MUSEUM OF AMERICA (IAMA) IS TO DISPLAY THE MOST EXQUISITE, BEAUTIFUL, AND PRECIOUS ART FROM ALL OVER THE WORLD TO PROMOTE MORAL PROGRESS, SPIRITUAL HEALTH, AND CULTURAL AND ARTISTIC DEVELOPMENT OF HUMANITY AROUND THE GLOBE. ITS VISION IS TO PROVIDE A BEAUTIFUL ENVIRONMENT FOR ALL PEOPLE THAT PROMOTES HAPPINESS, WELL BEING, AESTHETIC ENJOYMENT, AND WORLD PEACE. 0 0 270170 34360 IN 2013 OUR LARGEST PROGRAM FURTHERING OUR EXEMPT-PURPOSE WAS EXHIBITING ARTWORK. IAMA'S ACHIEVEMENTS IN THE AREA HAVE BEEN EXHIBITING THE MOST EXQUISITE, BEAUTIFUL, AND PRECIOUS ART FROM ALL OVER THE WORLD, THEREBY PROMOTING THE MORAL PROGRESS, SPIRITUAL HEALTH, AND CULTURAL AND ARTISTIC DEVELOPMENT OF HUMANITY. MANY PEOPLE CAME TO IAMA DURING 2013, WHERE THEY ENJOYED TOP-QUALITY ART. MANY OF THEM MARVELED OVER THE PAINTINGS, SCULPTURES, AND CALLIGRAPHY ON DISPLAY. 270170 1 1 0 0 0 0 0 1 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 1 8 1 0 0 0 0 0 0 0 0 0 0 X 6 6 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 1 0 0 CA X THE ORGANIZATION 4153766344 1023 MARKET STREET 2ND FLOOR SAN FRANCISCO CA 94103 X MYRON MEYERS CHAIRMAN OF THE BOARD (1/1/13-5/1/13) 0.00 X 0 0 0 YU HUA SHOUZHI WANG DIRECTOR & PRESIDENT 10.00 X X 0 0 0 MING YU HUANG DIRECTOR 3.00 X 0 0 0 RAYMOND CHEN DIRECTOR 3.00 X 0 0 0 HELOU HUANG DIRECTOR 16.00 X 0 0 0 JUDY KUAN DIRECTOR 16.00 X 0 0 0 STEVEN MEYERS DIRECTOR & VICE PRESIDENT 16.00 X X 0 0 0 SHERYL YEH TREASURER 10.00 X 0 0 0 KATHERINE HSU SECRETARY 7.00 X 0 0 0 0 0 0 0 0 0 0 VALIANT PRIVATE SECURITY PO BOX 1303 APTOS CA 95001 SECURITY GUARD SERVICE 154305 CYPRESS SECURITY LLC 452 TEHAMA ST SAN FRANCISCO CA 94103 SECURITY GUARD SERVICE 102814 2 115383 131354 246737 MUSEUM ADMISSIONS 900099 34360 34360 34360 376 376 1755386 1535561 219825 219825 COMMISSIONS 900099 9373 9373 MISCELLANEOUS INCOME 900099 50 50 9423 510721 263608 0 376 147654 88214 59440 5500 2200 3300 14260 8556 5704 8958 8958 2600 2600 4545 4545 1138 1138 39633 39633 1488 1488 23652 21229 2423 10283 10283 SECURITY SERVICES 225000 135000 90000 COMPUTER EXPENSES (SERV 11862 11862 TELEPHONE 8062 8062 PROGRAM EXPENSES 4615 4615 14701 4673 10028 523951 270170 253781 0 269995 405630 550637 411710 27503 66436 222 242815 59835 203779 182980 3338 2665 1055474 1069421 44176 71353 44176 71353 X 1011298 998068 1011298 998068 1055474 1069421 -13230 0 X 0 0 0 X 911566 659175 536406 246737 2353884 911566 659175 536406 246737 2353884 1343110 1010774 1172 1937 2923 376 6408 2360292 362917 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 128529 11321 117208 114286 48514 65772 182980 SALES TAX PAYABLE 71353 71353 PART III, LINE 1A: THE MUSEUM'S COLLECTIONS COMPRISE OBJECTS AND WORKS OF ART, INCLUDING PAINTINGS, ART FRAMES, AND SCULPTURES. THE COLLECTIONS ARE MAINTAINED FOR PUBLIC EXHIBITION, IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FOR FINANCIAL GAIN. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS. PART III, LINE 4: IN 2013, INTERNATIONAL ART MUSEUM OF AMERICA (IAMA) DID NOT RECEIVE ANY ARTWORK THAT WERE CONTRIBUTED TO IT. THE ART CURRENTLY MAINTAINED BY THE ORGANIZATION IS FOR THE PURPOSE OF PUBLIC EXHIBITION AND FURTHER THE TAX EXEMPT PURPOSE OF PROMOTING ART. THE COLLECTION ADVANCES THE MISSION OF IAMA TO DISPLAY THE MOST EXQUISITE, BEAUTIFUL, AND PRECIOUS ART FROM ALL OVER THE WORLD TO PROMOTE THE MORAL PROGRESS, SPIRITUAL HEALTH, AND CULTURAL AND ARTISTIC DEVELOPMENT OF HUMANITY AROUND THE GLOBE. THE COLLECTION ADVANCES THE VISION OF IAMA TO PROVIDE A BEAUTIFUL ENVIRONMENT FOR ALL PEOPLE THAT PROMOTES HAPPINESS, WELL BEING, AESTHETIC ENJOYMENT AND WORLD PEACE. THE WORKS OF ART WERE MADE BY FAMOUS ARTISTS OF THE HIGHEST ORDER. FORM 990, PART VI, SECTION A, LINE 2 RAYMOND CHEN (DIRECTOR) AND KATHERINE HSU (SECRETARY) HAVE A BUSINESS RELATIONSHIP AND A FAMILY RELATIONSHIP. MYRON MEYERS (DIRECTOR, CHAIRMAN OF THE BOARD) AND STEVEN MEYERS (DIRECTOR, VICE PRESIDENT) HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 8B N/A: NO COMMITTEE MEETINGS WERE HELD DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 11 THE CFO AND BOARD OF DIRECTORS WILL REVIEW FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANY DIRECTOR OR PRINCIPAL OFFICER HAS TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST AT THE TIME IT ARISES. A PERIODIC REVIEW, AT LEAST ANNUALLY, IS MADE TO DETERMINE WHETHER ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15A BEFORE DECIDING ON THE AMOUNT OF SALARY FOR DIRECTOR OF MUSEUM OPERATIONS, THE ORGANIZATION CONDUCTED RESEARCH ON THE SALARY OF PEOPLE WITH SIMILAR EDUCATIONAL BACKGROUND AND WORK EXPERIENCE. THE DIRECTOR OF MUSEUM OPERATIONS' ANNUAL SALARY IS REASONABLE AND COMPARABLE TO PERSONS WITH SIMILAR EDUCATIONAL BACKGROUND AND WORK EXPERIENCE. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 1023 AND 990 AVAILABLE TO THE PUBLIC UPON REQUEST IN ACCORDANCE WITH THE LAW. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST IN ACCORDANCE WITH THE LAW.