2013-05-14T12:45:31-05:00 2012-06-30 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 500 ORLANDO FL 32801 990 2011-07-01 590910352 ORLANDO MUSEUM OF ART INC ORLA 4078964231 2416 N MILLS AVENUE ORLANDO FL 32803 PATRICK J KNIPE CPA 4078964231 2013-05-09 1 AMY CHAPMAN P00843460 4078021200 2013-05-09 2011 2016-03-07 17:11:31Z GLEN GENTELE 2416 N MILLS AVENUE ORLANDO FL 32803 3141590 0 X WWW.OMART.ORG X 1926 FL TO ENRICH THE CULTURAL LIFE OF FLORIDA BY PROVIDING EXCELLENCE IN THE VISUAL ARTS. 32 32 37 734 0 0 1654343 2274643 426161 473384 127425 73092 762690 -100068 2970619 2721051 0 0 0 0 1365887 1314110 0 0 175951 1906352 1468221 3272239 2782331 -301620 -61280 16107497 15866054 359665 336538 15747832 15529516 X THE MISSION IS TO COLLECT, PRESERVE, AND INTERPRET NOTABLE WORKS OF ART; TO PRESENT EXHIBITIONS OF LOCAL, REGIONAL, NATIONAL, AND INTERNATIONAL SIGNIFICANCE; TO DEVELOP FIRST-RATE EDUCATIONAL PROGRAMS; AND TO DEVELOP CREATIVE AND INCLUSIVE PROGRAMS THAT REACH EVERY SEGMENT OF ITS DIVERSE AUDIENCE.FOUNDED IN 1924, THE OMA'S MISSION REFLECTS THE CONTINUED GROWTH OF FLORIDA AND ARDENT COMMUNITY SUPPORT FOR THE ARTS. AS THE LEADING CULTURAL INSTITUTION IN THE REGION, SINCE ITS INCEPTION, THE OMA'S PURPOSE HAS BEEN TO ENRICH THE CULTURAL LIFE OF FLORIDA BY PROVIDING EXCELLENCE IN THE VISUAL ARTS. 0 0 1145083 81427 EXHIBITIONS - THE OMA PRESENTS TEMPORARY EXHIBITIONS OF THE HIGHEST ARTISTIC MERIT AND DISPLAYS THEM IN A MANNER THAT ENHANCES THE UNDERSTANDING AND APPRECIATION OF ART. 571528 227523 EDUCATION PROGRAMS - THE OMA PRESENTS AWARD-WINNING ART ENRICHMENT PROGRAMS FOR CHILDREN, GALLERY TOURS, TEACHER TRAINING PROGRAMS, VIDEO PROGRAMS, ART APPRECIATION LECTURES, STUDIO CLASSES, AND OUTREACH SERVICES WHICH BENEFITED 109,859 FLORIDA RESIDENTS AND VISITORS AT THE OMA AND THROUGH ITS OUTREACH SERVICES IN FISCAL YEAR 2011-2012. 237646 164434 MEMBER PROGRAMS - ART ENRICHMENT PROGRAMS ARE IMPLEMENTED BY THE STAFF AND 586 VOLUNTEERS, MANY OF WHOM ARE PART OF ITS MEMBERSHIP OF 2,762 MEMBERS. 0 -39893 EXPENSES OF OTHER PROGRAMS, SUCH AS MUSEUM GIFT SHOP. -39893 1954257 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 28 0 37 1 0 0 0 0 0 0 0 0 0 0 X 32 32 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X TERI AIDE 4078964231 2416 N MILLS AVENUE ORLANDO FL 32803 CURTIS B MCWILLIAMS 0.30 X X 0 0 0 A WILLIAM FORNESS JR 0.10 X X 0 0 0 PATRICK J KNIPE 3.80 X X 0 0 0 ROBERT R HENDRY 0.20 X X 0 0 0 MARY BETH BROWN 0.10 X 0 0 0 TED R BROWN 0.30 X X 0 0 0 CHRISTINA BUNTIN 0.10 X 0 0 0 ROBERT W CALCUTT 1.20 X 0 0 0 PATRICK T CHRISTIANSEN 0.20 X X 0 0 0 DIANE PICKETT CULPEPPER 0.20 X X 0 0 0 CONRAD SANTIAGO 0.10 X 0 0 0 CAROLYN FENNELL 0.10 X 0 0 0 STEPHEN H GOLDMAN 0.10 X 0 0 0 GRANT HILL 0.10 X 0 0 0 J WAYNE JONES 0.10 X 0 0 0 ANTHONY L MASSEY 3.70 X X 0 0 0 PETER REINERT 0.10 X 0 0 0 AMELIA WILLIAMS 0.10 X 0 0 0 MICHAEL L BENNETT 0.10 X 0 0 0 BRUCE DOUGLAS 0.80 X X 0 0 0 EDWARD HERBST 0.10 X 0 0 0 SIBILLE PRITCHARD 0.10 X 0 0 0 PAUL ELLIS 0.10 X 0 0 0 DORA CASANOVA NELSON 0.10 X 0 0 0 THOMAS P WARLOW III 0.10 X X 0 0 0 JUDGE WINIFRED SHARP 0.20 X X 0 0 0 ELIZABETH BAKER 0.10 X 0 0 0 ANDREW GARDINER 0.10 X 0 0 0 ANNE NELSON GONZALEZ 0.10 X 0 0 0 RENA LANGLEY 0.20 X 0 0 0 JANE OATWAY 0.40 X 0 0 0 CRAIG USTLER 0.10 X 0 0 0 MARENA GRANT MORRISEY 55.00 X 158666 0 0 158666 0 0 1 0 1 0 US SECURITY ASSOCIATES INC PO BOX 931703 ATLANTA GA 31193 SECURITY GUARDS 130003 1 120648 658032 268416 1227547 189434 2274643 EDUCATION 611600 227523 227523 PROGRAMS 713990 164434 164434 ADMISSIONS 900099 81427 81427 473384 73092 73092 210052 0 210052 210052 210052 0 658032 270227 -270227 -270227 109819 150312 -40493 -40493 MISCELLANEOUS REVENUE 900099 600 600 600 2721051 433491 0 12917 161166 80583 80583 935389 530475 293612 111302 122296 68150 41733 12413 95259 52099 32195 10965 2705 2705 18411 18411 19166 19166 12079 12079 38272 32148 6124 110877 80297 20403 10177 5258 3415 1192 651 784110 739574 29691 14845 18687 15362 3325 SECURITY GUARDS 124789 124789 CONTRIBUTED GIFTS 121642 51924 69718 ACTIVITY EXPENSE 100257 100257 CONTRACT SERVICES 43565 36029 3502 4034 68403 39155 23808 5440 2782331 1954257 652123 175951 437733 504973 767925 958716 75000 75000 142472 193657 34198 43242 65866 163417 17562037 7629762 10322842 9932275 4261461 3994774 16107497 15866054 206503 203516 153162 133022 359665 336538 X 8754726 8250418 529361 807328 6463745 6471770 15747832 15529516 16107497 15866054 X -61280 -157036 X X 0 1 1 X 0 X 1808191 1763810 1684366 1654343 2274643 9185353 502872 1442089 1092434 1400990 583203 5021588 2311063 3205899 2776800 3055333 2857846 14206941 0 0 0 14206941 243502 158080 257946 331949 73092 1064569 243502 158080 257946 331949 73092 1064569 999 88131 9850 3499 600 103079 2555564 3452110 3044596 3390781 2931538 15374589 0.92410 0.91840 0.06920 0.07480 X SCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13430 X X X X 0 4237567 8025 -86547 196413 3962632 3865127 6500 569563 203623 4237567 3584187 5500 442529 -167090 3865127 4005328 6100 -274026 -153215 3584187 0.00410 0.99310 0.00290 0 0 2536638 2536638 13027014 6255307 6771707 181604 125684 55920 1816781 1248771 568010 9932275 2721051 2782331 -61280 -157036 -157036 -218316 3442583 -157036 458029 420539 721532 2721051 0 2721051 3660899 458029 420539 878568 2782331 0 2782331 PART III, LINE 4: THE ORGANIZATION'S PERMANENT COLLECTION INCLUDES AMERICAN ART, ART OF THE ANCIENT AMERICAS, AND AFRICAN ART; THIS COLLECTION ADDRESSES THE OMA'S GOAL TO ACQUIRE UNIQUE, CULTURALLY DIVERSE AND INTERNATIONALLY RECOGNIZED COLLECTIONS TO FURTHER ITS EXEMPT PURPOSE AS AN EDUCATIONAL INSTITUTION. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: GENERATE EARNINGS TO FUND OPERATIONS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: OMA IS EXEMPT FROM INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE INCOME TAXES HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. OMA ADOPTED THE STANDARD FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS. THIS STANDARD PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. OMA'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. OMA IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. OMA IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. THE TAX RETURNS FOR THE FISCAL YEARS ENDING 2009 TO 2012 ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES OF FUND RAISING EVENTS 270,227. COST OF GOODS SOLD OF MUSEUM SHOP SALES 150,312. PART XIII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES OF FUND RAISING EVENTS 270,227. COST OF GOODS SOLD OF MUSEUM SHOP SALES 150,312. FESTIVAL OF TREES 483545 483545 216069 ANTIQUE SHOW 174487 174487 54158 658032 658032 270227 270227 -270227 X X 0 0 0 0 0 0 0 0 0 MARENA GRANT MORRISEY 158666 0 0 0 0 0 0 0 0 0 158666 0 0 0 X 1 10000 FAIR MARKET VALUE X EVENT SUPPLIES, DECORATIONS 132 179434 FAIR MARKET VALUE 0 0 0 NON REPORTING OF REVENUE: PART I, LINE 33: GENERALLY ACCEPTED ACCOUNTING PRINCIPLES DO NOT REQUIRE ARTWORK TO BE RECORDED IN THE FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION A, LINE 6 DUES PAYING AT VARIOUS LEVELS OF MEMBERSHIP; MEMBERS VOTE ON WHO SERVES ON THE BOARD. FORM 990, PART VI, SECTION A, LINE 7A ANYONE INTERESTED IN THE PRACTICE, ENJOYMENT AND PROMOTION OF THE VISUAL ARTS SHALL BE ELIGIBLE FOR MEMBERSHIP AND MAY BECOME A MEMBER UPON PAYMENT OF APPROPRIATE DUES. MEMBERS ELECT THE TRUSTEES AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS APPROVE CHANGES IN THE ARTICLES OF INCORPORATION. FORM 990, PART VI, SECTION B, LINE 11 FIRST THE MANAGEMENT (CHIEF FINANCIAL OFFICER, ACCOUNTING MANAGER AND EXECUTIVE DIRECTOR) AND THE FINANCE AND ADMINISTRATION COMMITTEE WILL REVIEW THE DRAFT BEFORE IT IS SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES ARE REQUIRED TO NOTIFY THE BOARD OF TRUSTEES OF ANY POTENTIAL CONFLICTS. THEY MUST SUBMIT FOR APPROVAL OF THE BOARD AND MUST ABSTAIN FROM VOTING. THEY MUST ALSO NOTIFY BOARD OF ANY CONFLICTS ON MATTERS COMING BEFORE THE BOARD AND MUST ABSTAIN FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR COMPENSATING THE ORGANIZATION'S CEO/EXECUTIVE DIRECTOR, TOP MANAGEMENT OFFICIALS, OTHER OFFICIALS, AND KEY EMPLOYEES INVOLVED PERFORMANCE REVIEWS, SALARIES BENCHMARKED TO COMPENSATION SURVEYS AS WELL AS APPROVAL BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -157,036. FORM 990, PART XII, LINE 2(C) THIS ORGANIZATION HAS AN AUDIT COMMITTEE THAT ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT. THIS APPROACH DID NOT CHANGE DURING THE CURRENT TAX YEAR.