2013-04-30T18:08:27-05:00 2012-06-30 410746749 CLIFTONLARSONALLEN LLP 20 E THOMAS RD STE 2300 PHOENIX AZ 85012 990 2011-07-01 860072608 PHOENIX ART MUSEUM PHOE 6022571880 1625 N CENTRAL AVENUE PHOENIX AZ 850041685 GARY EGAN 6022571880 2013-04-19 1 PHIL MCCOLLUM CPA P00129716 6022662248 2011 2016-03-07 17:11:31Z GARY EGAN 1625 N CENTRAL AVENUE PHOENIX AZ 850041685 9009528 0 X WWW.PHXART.ORG X 1949 AZ PHOENIX ART MUSEUM IS A VIBRANT DESTINATION CONNECTING PEOPLE TO GREAT ART FROM AROUND THE WORLD TO ENRICH THEIR LIVES AND COMMUNITIES. THIS VISION IS SUPPORTED BY FOUR STRATEGIC PILLARS WHICH ARE: 1. EXCEPTIONAL ART - TO CELEBRATE THE HIGHEST QUALITY VISUAL ART THROUGH OUTSTANDING EXHIBITIONS, ACQUISITIONS AND COLLECTION STEWARDSHIP. 2. ENRICHMENT AND LEARNING - TO CREATE A NATIONALLY RECOGNIZED MODEL FOR ENHANCING EXPERIENCE OF THE VISUAL ARTS THROUGH INTERPRETATION, ENGAGED LEARNING, AND ENRICHMENT. 3. BROAD AUDIENCE - TO ATTRACT THE BROADEST POSSIBLE AUDIENCE TO THE MUSEUM AS CONSISTENT AND ENTHUSIASTIC PARTICIPANTS. 4. FISCAL STABILITY AND ORGANIZATIONAL EXCELLENCE - TO ACHIEVE AND MAINTAIN A STRONG FINANCIAL FOUNDATION. 44 44 145 3012 37878 10077 4982269 4943370 1967920 1924333 8985 6704 1098497 945240 8057671 7819647 0 0 0 0 3902346 5166262 0 850 844219 4338462 3567943 8240808 8735055 -183137 -915408 12952973 11078519 4921375 5456904 8031598 5621615 X SEE SCHEDULE O FOR THE MISSION STATEMENT 0 0 262938 SEE SCHEDULE O FOR DESCRIPTION OF MEXICAN MODERNISM FROM THE BLAISTEN COLLECTION. 248743 SEE SCHEDULE O FOR DESCRIPTION OF FRANK LLOYD WRIGHT: ORGANIC ARCHITECTURE FOR THE 21ST CENTURY. 79000 79000 SEE SCHEDULE O FOR DESCRIPTION OF "UNDER THE BRIDGE", ALVAN FISHER. 690337 738019 GIFT SHOP AND MUSEUM STORE - DESIGNED TO GIVE VISITORS A MORE IN DEPTH KNOWLEDGE OF THE VISUAL ARTS AND OF THE SUBJECTS DISCUSSED IN THE MUSEUM'S COLLECTIONS AND EXHIBITIONS. THE EDUCUATIONAL MERCHANDISE, UNIQUE MEMORABILIA AND EXHIBITION SPECIFIC ITEMS ALLOW FOR THE CONTINUATION OF THE MUSEUM EXPERIENCE AT HOME. 4813173 1459335 MUSEUM COLLECTION AND EXHIBITS. 5503510 2197354 6094191 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 95 0 1 145 1 1 1 0 0 0 0 1 1 0 0 0 0 X 44 44 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AZ X SCOTT MCDANIEL 6022572103 1625 N CENTRAL AVENUE PHOENIX AZ 850041685 ANGELA C SINGER 1.00 X 0 0 0 BRAD WILDE 1.00 X 0 0 0 BRUCE COVILL 1.00 X 0 0 0 DENNIS LYON 1.00 X 0 0 0 DON MARTIN 1.00 X 0 0 0 DORIS ONG 1.00 X 0 0 0 DREW BROWN 1.00 X 0 0 0 ELLEN KATZ 1.00 X 0 0 0 JAMES LUNDY 1.00 X 0 0 0 JOE LAMPE 1.00 X 0 0 0 JOHN BOUMA 1.00 X 0 0 0 KEN KENDRICK 1.00 X 0 0 0 PAUL GROVES 1.00 X 0 0 0 RICHARD GOLDSMITH 1.00 X 0 0 0 STEVE RINEBERG 1.00 X 0 0 0 STEVEN L TUFTS 1.00 X 0 0 0 STEVE WHEELER 1.00 X 0 0 0 TIMOTHY LOUIS 1.00 X 0 0 0 TONY ASTORGA 1.00 X 0 0 0 WILLIAM G WAY 1.00 X 0 0 0 SUSAN DRESCHER-MULZET 1.00 X 0 0 0 DIANA ELLIS SMITH 1.00 X 0 0 0 DR MERYL HABER 1.00 X 0 0 0 DR HOWARD HENDLER 1.00 X 0 0 0 SALLY LEHMANN 1.00 X 0 0 0 JAY SCHLOTT 1.00 X 0 0 0 PETER BANKO 1.00 X 0 0 0 JOAN CREMIN 1.00 X 0 0 0 JUDY LINHART 1.00 X 0 0 0 STEVE MACLELLAN 1.00 X 0 0 0 JIM PATTERSON 1.00 X 0 0 0 ARMITY SIMON 1.00 X 0 0 0 GARY TOOKER 1.00 X 0 0 0 JOHN ZIDICH 1.00 X 0 0 0 DONALD BRANDT 1.00 X 0 0 0 RON BUTLER 1.00 X 0 0 0 JOSEPH D'AMICO 1.00 X 0 0 0 DENISE DELGADO 1.00 X 0 0 0 ERIN GOGOLAK 1.00 X 0 0 0 ROSELLEN PAPP 1.00 X 0 0 0 DAVID ROUSSEAU 1.00 X 0 0 0 SUE SELIG 1.00 X 0 0 0 ADAM SINGER 1.00 X 0 0 0 RAYMOND SLOMSKI 1.00 X 0 0 0 JAMES BALLINGER 37.50 X 328422 0 31708 GARY EGAN 37.50 X 145762 0 14711 RONALD MILLER 37.50 X 31645 0 2721 505829 0 49140 2 0 1 0 CARESCAPE CONSTRUCTIONS LLC 13370 W FOXFIRE DRIVE 101 SURPRISE AZ 85374 LANDSCAPING SERVICES 162788 UPRIGHT COMMERCIAL JANITORIAL 3332 W THOMAS ROAD PHOENIX AZ 85017 JANITORIAL SERVICES 161459 HAMMER GALLERIES 475 PARK AVENUE NEW YORK NY 10022 ARTWORK 145000 JOHNSON CONTROLS PO BOX 730068 DALLAS TX 75373 SECURITY SYSTEMS 117670 PS STUDIOS INC 3002 N THIRD STREET PHOENIX AZ 85012 DESIGN/PRINTING 112843 7 1111674 236898 2058128 249114 1287556 1232129 4943370 MEMBERSHIP DUES 900099 1015780 1015780 PROGRAM SERVICE REVENU 900099 908553 908553 1924333 6704 6704 1228142 236898 803883 424259 424259 738019 385998 352021 352021 REIMBURSEMENTS 900099 131082 131082 CATERING 722320 37878 37878 168960 7819647 2276354 37878 562045 570659 313617 150268 106774 2967838 2027747 604975 335116 870121 579527 182097 108497 467899 319907 96134 51858 289745 182257 71956 35532 3039 3039 35750 35750 850 850 145680 43651 99621 2408 290475 273063 16795 617 847344 532385 218066 96893 22408 9990 12418 309003 226037 57846 25120 122976 60094 35829 27053 8431 5277 1154 2000 23757 23757 607657 565121 18230 24306 126355 106314 19639 402 OPERATING EXPENSES 480774 399256 56944 24574 CONTRACTED LABOR 341849 340949 0 900 REPAIRS AND MAINTENANCE 119759 64348 55411 0 DUES AND SUBSCRIPTIONS 82686 44651 36716 1319 8735055 6094191 1796645 844219 1104278 1037218 856292 910836 1205267 1131471 89276 117051 414943 397248 260354 108799 14533177 8459230 6471189 6073947 56707 59406 2494667 1242543 12952973 11078519 1119143 773504 548733 581621 550000 0 885000 1700010 1818499 2401769 4921375 5456904 X 1977390 1068572 6054208 4553043 8031598 5621615 12952973 11078519 X -915408 -1494575 X X 0 1 1 X 0 X 12226082 5564823 5169910 4982269 4943370 32886454 4531538 3723447 3514135 5190328 5070886 22030334 16757620 9288270 8684045 10172597 10014256 54916788 34142 54882646 124366 46243 12883 8985 6704 199181 39818 28892 24119 30190 31882 154901 263104 130346 108495 112981 131082 746008 56016878 18858270 0.97980 0.98170 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: ROYALTIES RESTAURANT TRAVEL TOURS MISCELLANEOUS REIMBURSEMENTS SECURITY SERVICES RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 1 23172236 1075930 -186681 1044693 67717 22949075 20470831 507399 2932883 680198 58679 23172236 18620839 61113 1893540 55658 49003 20470831 22182620 121346 -3201608 399791 81728 18620839 0.00000 0.42000 0.58000 0 1 1 699253 699253 10700484 6125302 4575182 2055387 1445923 609464 1078053 888005 190048 6073947 CHARITABLE GIFT ANNUITIES 1242543 1242543 CHARITABLE GIFT ANNUITIES 978302 ACCRUED PENSION 1423467 2401769 7819647 8735055 -915408 2699 -616435 -613736 -1529144 13527115 -777660 5516843 2029192 6768375 6758740 1060907 1060907 7819647 15056259 5516843 1865268 7382111 7674148 1060907 1060907 8735055 PART III, LINE 1A: FINANCIAL STATEMENT FOOTNOTE REGARDING THE FINE ARTS COLLECTION: FINE ARTS COLLECTION CONSISTS OF PURCHASED AND DONATED WORKS OF ART. THE COLLECTION IS ON DISPLAY TO THE GENERAL PUBLIC. THE MUSEUM EMPLOYS PROFESSIONAL STAFF TO ENSURE THAT THE COLLECTION ITEMS ARE PRESERVED AND PROTECTED. THE COLLECTION ITEMS ARE NOT CAPITALIZED BY THE MUSEUM. COSTS OF PURCHASING COLLECTION ITEMS, DEACCESSIONS OF COLLECTION ITEMS AND PROCEEDS FROM INSURANCE RECOVERIES ARE INCLUDED AS A CHANGE IN THE APPROPRIATE CATEGORY OF NET ASSETS. PROCEEDS FROM THE DEACCESSION OF COLLECTION ITEMS ARE RESTRICTED FOR PURCHASES OF ADDITIONAL COLLECTION ITEMS. ACQUISITIONS OF FINE ART, INCLUDED AS A DECREASE IN UNRESTRICTED NET ASSETS, TOTALED $245,150 AND $378,910 FOR THE YEARS ENDED JUNE 30, 2012 AND 2011, RESPECTIVELY. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS WILL BE USED TO SUPPORT VARIOUS PROGRAMS OF PHOENIX ART MUSEUM. PART XI, LINE 8 - OTHER ADJUSTMENTS: ACQUISITION OF FINE ART -245,150. CHANGE IN CHARITABLE GIFT ANNUITIES -148,124. AFFILIATE CHANGE IN NET ASSETS -223,161. TOTAL TO SCHEDULE D, PART XI, LINE 8: -616,435. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 385,998. CHANGE IN CHARITABLE GIFT ANNUITIES -148,124. RELATED ORGANIZATION REVENUE 1,669,608. SPECIAL EVENTS EXP. OFFSET AGAINST REVENUE ON FINANCIAL STATEMENTS 121,710. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT FROM AFFILIATE ELIMINATED ON FINANCIAL STATEMENTS 1,044,693. INTERCOMPANY REVENUE ELIMINATED ON FINANCIAL STATEMENTS 16,214. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 385,998. RELATED ORGANIZATION EXPENSE 1,112,410. SPECIAL EVENTS EXP. OFFSET AGAINST REVENUE ON FINANCIAL STATEMENTS 121,710. ACQUISITION OF FINE ART 245,150. PART XIII, LINE 4B - OTHER ADJUSTMENTS: GRANT FROM AFFILIATE ELIMINATED ON FINANCIAL STATEMENTS 1,044,693. INTERCOMPANY EXPENSES ELIMINATED ON FINANCIAL STATEMENTS 16,214. THE PARTY 2012 1010007 229248 780759 91011 22528 425265 CONTEMP. FORUM-ART AUCTION & DINNER 201645 7150 194495 43510 74721 8 253388 500 252888 106 75839 70902 1465040 236898 1228142 106 210360 22528 570888 803882 424260 X 1 1 X X X 0 0 0 0 0 0 0 0 0 JAMES BALLINGER 328422 0 0 0 0 0 23808 0 7900 0 360130 0 0 0 GARY EGAN 145762 0 0 0 0 0 10567 0 4144 0 160473 0 0 0 X 513 0 N/A X 0 N/A X 27 232129 MARKET VALUE 11 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): # OF CONTRIBUTORS FROM RECORDS OF CONTRIBUTIONS NON REPORTING OF REVENUE: PART I, LINE 33: - THE MUSEUM HAS A LARGE COLLECTION OF FINE ART BUT DOES NOT CAPITALIZE OR VALUE ITS COLLECTION, SO GIFTS OF ART ARE NOT INCLUDED IN REVENUE. PROGRAM SERVICE ACCOMPLISHMENT # 1 FORM 990, PAGE 2, PART III MEXICAN MODERNISM FROM THE BLAISTEN COLLECTION VIEWED FOR THE FIRST TIME IN THE UNITED STATES AT PHOENIX ART MUSEUM IN 2011, THE BLAISTEN COLLECTION OFFERS AN ARRAY OF WORKS FROM THE MEXICAN ARTISTIC RENAISSANCE. MEXICAN MODERNISM FROM THE BLAISTEN COLLECTION PROVIDED A DEFINITIVE LOOK AT MEXICAN ART CREATED BETWEEN 1910-1950 AND SHOWCASED 80 PAINTINGS BY 45 OF MEXICO'S LEADING ARTISTS, INCLUDING FRIDA KAHLO AND JOSE CLEMENTE OROZCO. IT DREW UPON WORKS OF SEVEN DISTINCT THEMES: AVANT GRADE EXPERIMENTATION, NATIONAL RENAISSANCE, URBAN ARTISTS, SELF PORTRAITS AND PORTRAITURE, STUDENTS OF THE OPEN AIR SCHOOLS, STILL LIFE, AND SURREALISM. IN ADDITION TO THE WORKS, THE EXHIBITION ALSO INCLUDED SEVERAL EDUCATIONAL PROGRAMS, INCLUDING LECTURES BY JOSE BERNARDI OF ASU'S DESIGN SCHOOL, AND NYU'S DR. EDWARD J. SULLIVAN, AN EXPERT IN THE FIELD OF LATIN AMERICAN ART. PROGRAM SERVICE ACCOMPLISHMENT # 2 FORM 990, PAGE 2, PART III FRANK LLOYD WRIGHT: ORGANIC ARCHITECTURE FOR THE 21ST CENTURY FRANK LLOYD WRIGHT IS CONSIDERED THE MOST IMPORTANT AND INFLUENTIAL AMERICAN ARCHITECT OF THE 20TH CENTURY. OVER THE COURSE OF HIS SEVEN DECADE CAREER, HE BUILT MORE EDIFICES AND HOMES THAN ANY OTHER ARCHITECT OF HIS TIME. FRANK LLOYD WRIGHT: ORGANIC ARCHITECTURE FOR THE 21ST CENTURY COVERED THE BREAD OF HIS CAREER FROM 1900-1959, WITHIN THE FRAMEWORK OF CREATING CONNECTIONS TO THE CHALLENGES ARCHITECTS AND PLANNERS FACE TODAY, IN TERMS OF 'GREEN' ARCHITECTURE, ENVIRONMENTAL CONCERNS AND OTHER EFFORTS AT SUSTAINABILITY. THE EXHIBITION INCLUDED SEVEN LARGE-SCALE MODELS, AS WELL AS FINAL COLOR PRESENTATION DRAWINGS AND PRELIMINARY SKETCHES, AND PROJECTS AND VIDEOS THAT BROUGHT WRIGHT AND HIS IDEAS TO LIFE. IN ADDITION, THE EXHIBITION FEATURED EDUCATIONAL PROGRAMMING, INCLUDING FILMS, AND A TWO-PART COLLABORATIVE LECTURE SERIES WITH ARIZONA STATE UNIVERSITY. PROGRAM SERVICE ACCOMPLISHMENT # 3 FORM 990, PAGE 2, PART III "UNDER THE BRIDGE", ALVAN FISHER IN 2011, PHOENIX ART MUSEUM WAS ABLE TO ACQUIRE "UNDER THE BRIDGE", AN 1828 WORK BY NOTED AMERICAN ARTIST, ALVAN FISHER. THE WORK IS AN EXCEPTIONAL, EARLY EXAMPLE OF FISHER'S WORK, WHO LIVED JUST AFTER THE REVOLUTIONARY WAR AND DIED DURING THE CIVIL WAR. THE PAINTING, OIL ON CANVAS, MEASURES 30" X 25", AND ALSO INCLUDED A HAND CARVED FRAME BY JOHN DOGGETT. MISSION STATEMENT FORM 990, PAGE 2, PART III PHOENIX ART MUSEUM IS A VIBRANT DESTINATION CONNECTING PEOPLE TO GREAT ART FROM AROUND THE WORLD TO ENRICH THEIR LIVES AND COMMUNITIES. THIS VISION IS SUPPORTED BY FOUR STRATEGIC PILLARS WHICH ARE: 1. EXCEPTIONAL ART - TO CELEBRATE THE HIGHEST QUALITY VISUAL ART THROUGH OUTSTANDING EXHIBITIONS, ACQUISITIONS AND COLLECTION STEWARDSHIP. 2. ENRICHMENT AND LEARNING - TO CREATE A NATIONALLY RECOGNIZED MODEL FOR ENHANCING EXPERIENCE OF THE VISUAL ARTS THROUGH INTERPRETATION, ENGAGED LEARNING, AND ENRICHMENT. 3. BROAD AUDIENCE - TO ATTRACT THE BROADEST POSSIBLE AUDIENCE TO THE MUSEUM AS CONSISTENT AND ENTHUSIASTIC PARTICIPANTS. 4. FISCAL STABILITY AND ORGANIZATIONAL EXCELLENCE - TO ACHIEVE AND MAINTAIN A STRONG FINANCIAL FOUNDATION. FORM 990, PART VI, SECTION A, LINE 6 THE MUSEUM HAS A MEMBERSHIP PROGRAM THAT CURRENTLY HAS 11,295 MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE GOVERNING BODY (BOARD OF TRUSTEES) ARE NOMINATED BY THE MUSEUM'S NOMINATING COMMITTEE AND THEN ARE VOTED UPON BY THE THE MUSEUM MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11 THE RETURN WILL BE PROVIDED TO EACH BOARD MEMBER TO READ AND EACH WILL BE GIVEN THE OPPORTUNITY TO ASK QUESTIONS. FORM 990, PART VI, SECTION B, LINE 12C THE MUSEUM'S GUIDELINES FOR PROFESSIONAL PRACTICES QUESTIONNAIRE AND COMPLIANCE AGREEMENT IS REQUIRED TO BE COMPLETED AND SIGNED BY TRUSTEES, PRESIDENTS OF SUPPORT ORGANIZATIONS, MUSEUM DIRECTOR, DIVISION HEADS, DEPARTMENT HEADS, AND ALL ACCOUNTING STAFF ANNUALLY. THIS PROCESS IS DONE EVERY YEAR IN SEPTEMBER. THE COMPLETED AND SIGNED AGREEMENTS ARE REVIEWED BY HUMAN RESOURCES MANAGER FOR COMPLETENESS. ANY QUESTION THAT ARISES IS DISCUSSED WITH THE INDIVIDUAL SIGNING THE AGREEMENT. FORM 990, PART VI, SECTION B, LINE 15 DATA FROM OTHER MUSEUMS IS USED TO EVALUATE COMPENSATION FOR THE CEO, INCLUDING FROM THE AMERICAN ASSOCIATION OF MUSEUM DIRECTORS. THE EXECUTIVE COMMITTEE MAKES THE DECISION. FOR DETERMINING THE COMPENSATION OF OTHER OFFICERS OR KEY EMPLOYEES, COMPARISONS ARE MADE WITH OTHER MUSEUMS. DECISIONS MADE DURING BUDGET PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 2,699. ACQUISITION OF FINE ART -245,150. CHANGE IN CHARITABLE GIFT ANNUITIES -148,124. TRANSFER OF LAND TO ENDOWMENT FUND -1,104,000. TOTAL TO FORM 990, PART XI, LINE 5: -1,494,575. AUDIT COMMITTE FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS FOR THE AUDIT OR ITS SELECTION PROCESS FOR INDEPENDENT AUDITORS DURING THE YEAR. PHOENIX ART MUSEUM ENDOWMENT FUND INC 1625 N CENTRAL AVENUE PHOENIX AZ 850041685 860765761 FINANCIAL SUPPORT OF PHOENIX ART MUSEUM AZ 501(C)(3) LINE 11A, I PHOENIX ART MUSEUM 1 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 1 1 0 PHOENIX ART MUSEUM ENDOWMENT FUND C 1044693 FAIR MARKET VALUE PHOENIX ART MUSEUM ENDOWMENT FUND M PHOENIX ART MUSEUM ENDOWMENT FUND P 37118 FAIR MARKET VALUE PHOENIX ART MUSEUM ENDOWMENT FUND Q 82569 FAIR MARKET VALUE