PEARSON LAKES ART CENTER: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: PEARSON LAKES ART CENTER (EIN 42-0930815)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-11-12
IRS object ID: 201343169349301509
Schema version: 2012v2.0
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule G
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-11-12T06:18:34-08:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	WINTHER STAVE & CO LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	1316 W 18TH ST PO BOX 175	AddressLine1
City	SPENCER	City
State	IA	State
ZIP Code	513010175	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	420930815	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	PEARSON LAKES ART CENTER	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	PEAR	NameControl
Phone	7123327013	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2201 HIGHWAY 71 PO BOX 255	AddressLine1
City	OKOBOJI	City
State	IA	State
ZIP Code	51355	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	TOM TOURVILLE	Name
Title	CEO	Title
Date Signed	2013-11-11	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	JOHN P TOALE	Name
PTIN	P01405645	PTIN
Phone	7122623117	Phone

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Gross Receipts	906609	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
All Affiliates Included	false	AllAffiliatesIncluded
Organization501c3	X	Organization501c3
Web Site	WWW.lakesart.org	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1966	YearFormation
State Legal Domicile	IA	StateLegalDomicile
Activity Or Mission Description	To MAKE THE ARTS AVAILABLE TO ALL CITIZENS AND VISITORS OF THE IOWA GREAT LAKES AREA.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	13	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	13	NbrIndependentVotingMembers
Total Nbr Employees	20	TotalNbrEmployees
Total Nbr Volunteers	80	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	663689	ContributionsGrantsPriorYear
Contributions Grants Current Year	167941	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	265194	ProgramServiceRevenuePriorYear
Program Service Revenue CY	297052	ProgramServiceRevenueCY
Investment Income Prior Year	20047	InvestmentIncomePriorYear
Investment Income Current Year	275759	InvestmentIncomeCurrentYear
Other Revenue Prior Year	110316	OtherRevenuePriorYear
Other Revenue Current Year	100575	OtherRevenueCurrentYear
Total Revenue Prior Year	1059246	TotalRevenuePriorYear
Total Revenue Current Year	841327	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	285469	SalariesEtcPriorYear
Salaries Etc Current Year	318082	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	20	TotalFundrsngExpCurrentYear
Other Expense Prior Year	464837	OtherExpensePriorYear
Other Expenses Current Year	508898	OtherExpensesCurrentYear
Total Expenses Prior Year	750306	TotalExpensesPriorYear
Total Expenses Current Year	826980	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	308940	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	14347	RevenuesLessExpensesCY
Total Assets BOY	7799351	TotalAssetsBOY
Total Assets EOY	7805722	TotalAssetsEOY
Total Liabilities BOY	142040	TotalLiabilitiesBOY
Total Liabilities EOY	134064	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	7657311	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	7671658	NetAssetsOrFundBalancesEOY
Mission Description	To MAKE THE ARTS AVAILABLE TO ALL CITIZENS AND VISITORS OF THE IOWA GREAT LAKES AREA.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	585854	Expense
Revenue	297052	Revenue
Description	THE PEARSON LAKES ART CENTER OPERATES MULTIPLE VISUAL ARTS GALLERIES, A PERFORMING ARTS THEATER AND AN ARTS EDUCATIONAL CENTER THAT OFFERS PROGRAMS, CLASSES, LECTURES, PERFORMANCES AND EXHIBITS ON A YEAR ROUND BASIS. THE ACTIVITIES ACHIEVE THE GOAL OF EXPOSING THE VISUAL AND PERFORMING ARTS TO THE GENERAL PUBLIC IN NORTHWEST IOWA.	Description
Total Program Service Expense	585854	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	true	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	true	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	true	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	true	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Invest Tax Exempt Bonds	false	InvestTaxExemptBonds
Escrow Account	false	EscrowAccount
On Behalf Of Issuer	false	OnBehalfOfIssuer
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	25	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	20	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Form990-T Filed	false	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	true	QuidProQuoContributions
Quid Pro Quo Disclosure	true	QuidProQuoDisclosure
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Number Of8282 Filed	0	NumberOf8282Filed
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Form8899 Filed	false	Form8899Filed
Form1098 C Filed	false	Form1098CFiled
Excess Business Holdings	false	ExcessBusinessHoldings
Taxable Distributions	false	TaxableDistributions
Distribution To Donor	false	DistributionToDonor
Filed Lieu1041	false	FiledLieu1041
Licensed More Than One State	false	LicensedMoreThanOneState
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	13	NbrVotingGoverningBodyMembers
Number Independent Voting Members	13	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	true	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Other Website	X	OtherWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	TOM TOURVILLE	NamePerson
Telephone Number	7123327013	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	2201 HIGHWAY 71	AddressLine1
City	OKOBOJI	City
State	IA	State
ZIP Code	51355	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (14 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Average Hours Per Week RelatedAverageHoursPerWeekRelated	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Key EmployeeKeyEmployee
PAUL WOFFORD
Director	1.00	0.00	X	0	0	0
JEN RETTIG
Secretary	1.00	0.00	X	0	0	0	X
MARY KRAUSE
Director	1.00	0.00	X	0	0	0
WAYNE JOHNSON
Director	1.00	0.00	X	0	0	0
JANE HUMMEL
Vice President	1.00	0.00	X	0	0	0	X
JOHN FRANKEN
Director	1.00	0.00	X	0	0	0
TERRY YARNS
Treasurer	1.00	0.00	X	0	0	0	X
JIM HUSSONG
President	1.00	0.00	X	0	0	0	X
KITTY CONOVER
Director	1.00	0.00	X	0	0	0
DAVE ROWLEY
Director	1.00	0.00	X	0	0	0
ROGER KERNDT
Director	1.00	0.00	X	0	0	0
STEVE LINDEBURG
Director	1.00	0.00	X	0	0	0
JOANNE SACKETT
Director	1.00	0.00	X	0	0	0
TOM TOURVILLE
CEO	48.00	0.00		87348	0	0		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	87348	TotalReportableCompFromOrg
Number Individuals GT100 K	0	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Number Of Contractors GT100 K	0	NumberOfContractorsGT100K
Membership Dues	105482	MembershipDues
All Other Contributions	62459	AllOtherContributions
Total Contributions	167941	TotalContributions

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	CLASSES, EXHIBITS, SHOWS	Description
Total Revenue Column	297052	TotalRevenueColumn
Related Or Exempt Function Income	297052	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	297052	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	275759	TotalRevenueColumn
Exclusion	$275,759	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	47394	Real

Less Rental Expenses LessRentalExpenses

Field	Value	IRS element (for citing)
Real	29469	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	17925	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	17925	TotalRevenueColumn
Exclusion	$17,925	ExclusionAmount

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	118463	GrossIncomeFundraisingEvents
Fundraising Direct Expenses	35813	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	82650	TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Field	Value	IRS element (for citing)
Total Other Revenue	0	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	841327	TotalRevenueColumn
Related Or Exempt Function Income	297052	RelatedOrExemptFunctionIncome
Exclusion	$293,684	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	87348	Total
Management And General	87348	ManagementAndGeneral

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	208300	Total
Program Services	208300	ProgramServices

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	0	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	0	Total

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	22434	Total
Program Services	15433	ProgramServices
Management And General	7001	ManagementAndGeneral

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	9335	Total
Management And General	9335	ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	10311	Total
Management And General	10311	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	0	Total

Advertising Advertising

Field	Value	IRS element (for citing)
Total	14109	Total
Program Services	14109	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	41985	Total
Program Services	11571	ProgramServices
Management And General	30414	ManagementAndGeneral

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	5156	Total
Management And General	5156	ManagementAndGeneral

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	57242	Total
Management And General	57242	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	19704	Total
Program Services	10253	ProgramServices
Management And General	9451	ManagementAndGeneral

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	0	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	514	Total
Management And General	514	ManagementAndGeneral

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	159364	Total
Program Services	159364	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	0	Total

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	FundraisingFundraising	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
MEMBERSHIP DEVELOPMENT	20	20
OTHER EXPENSES	16030		14248	1782
FACILITY REPAIRS & MAINTENANCE	22552			22552
PROGRAM/EXHIBITS	152576		152576

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	0	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	826980	Total
Program Services	585854	ProgramServices
Management And General	241106	ManagementAndGeneral
Fundraising	20	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	36524	BOY
EOY	68916	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	353115	BOY
EOY	257553	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	138996	BOY
EOY	89850	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	250000	BOY
EOY	0	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
EOY	0	EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
EOY	0	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
EOY	0	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	30776	BOY
EOY	25369	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	7615223	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	2691350	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	4968377	BOY
EOY	4923873	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	1006914	BOY
EOY	1364033	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
EOY	0	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
EOY	0	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	1014649	BOY
EOY	1076128	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	7799351	BOY
EOY	7805722	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	50632	BOY
EOY	59812	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
BOY	20394	BOY
EOY	10401	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	71014	BOY
EOY	63851	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	142040	BOY
EOY	134064	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	5456047	BOY
EOY	5338768	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	71393	BOY
EOY	59630	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	2129871	BOY
EOY	2273260	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	7657311	BOY
EOY	7671658	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	7799351	BOY
EOY	7805722	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	14347	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	X	PubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	430736	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	386269	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	391130	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	792626	CurrentTaxYearMinus1Year
Current Tax Year	286404	CurrentTaxYear
Total	2287165	Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	304685	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	253699	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	233355	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	265194	CurrentTaxYearMinus1Year
Current Tax Year	297052	CurrentTaxYear
Total	1353985	Total

Gross Receipts From Non UBI GrossReceiptsFromNonUBI

Field	Value	IRS element (for citing)
Total	0	Total

Tax Rev Levied For Org Benefit509 TaxRevLeviedForOrgBenefit509

Field	Value	IRS element (for citing)
Total	0	Total

Value Of Svcs Fclts Furnishd By Govt ValueOfSvcsFcltsFurnishdByGovt

Field	Value	IRS element (for citing)
Total	0	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	735421	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	639968	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	624485	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1057820	CurrentTaxYearMinus1Year
Current Tax Year	583456	CurrentTaxYear
Total	3641150	Total

Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	329727	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	289005	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	120095	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	582225	CurrentTaxYearMinus1Year
Current Tax Year	71600	CurrentTaxYear
Total	1392652	Total

Amts From Subst Contributors AmtsFromSubstContributors

Field	Value	IRS element (for citing)
Total	0	Total

Support From DQ Ps Etc SupportFromDQPsEtc

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	329727	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	289005	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	120095	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	582225	CurrentTaxYearMinus1Year
Current Tax Year	71600	CurrentTaxYear
Total	1392652	Total

Field	Value	IRS element (for citing)
Public Support Total509	2248498	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	11827	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1433	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	344	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	692	CurrentTaxYearMinus1Year
Current Tax Year	818	CurrentTaxYear
Total	15114	Total

Post1975 UBTI Post1975UBTI

Field	Value	IRS element (for citing)
Total	0	Total

Investment Income And UBTI InvestmentIncomeAndUBTI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	11827	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1433	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	344	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	692	CurrentTaxYearMinus1Year
Current Tax Year	818	CurrentTaxYear
Total	15114	Total

Net Income From Other UBI NetIncomeFromOtherUBI

Field	Value	IRS element (for citing)
Total	0	Total

Other Income509 OtherIncome509

Field	Value	IRS element (for citing)
Total	0	Total

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	747248	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	641401	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	624829	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1058512	CurrentTaxYearMinus1Year
Current Tax Year	584274	CurrentTaxYear
Total	3656264	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.61500	PublicSupportPercentage509
Prior Year Support Percentage	0.50700	PriorYearSupportPercentage
Investment Income Percentage	0.00410	InvestmentIncomePercentage
Prior Yr Invest Income Percentage	0.00810	PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509	X	ThirtyThreePercntTestsCY509

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Held Works Of Art Amts HeldWorksOfArtAmts

Field	Value	IRS element (for citing)
Assets In Part X	1305400	AssetsInPartX

Field	Value	IRS element (for citing)
Collect Used For Public Exhibition	X	CollectUsedForPublicExhibition
Collect Used For Preservation	X	CollectUsedForPreservation
Collect Used For Loan Or Exch Prgrms	X	CollectUsedForLoanOrExchPrgrms
Solicited Assets For Sale	false	SolicitedAssetsForSale

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	2129871	BeginningOfYearBalance
Contributions	22854	Contributions
Investment Earnings Or Losses	249442	InvestmentEarningsOrLosses
Other Expenditures	118596	OtherExpenditures
Administrative Expenses	10311	AdministrativeExpenses
End Of Year Balance	2273260	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	2235960	BeginningOfYearBalance
Contributions	30302	Contributions
Investment Earnings Or Losses	19505	InvestmentEarningsOrLosses
Other Expenditures	144882	OtherExpenditures
Administrative Expenses	11014	AdministrativeExpenses
End Of Year Balance	2129871	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	2053036	BeginningOfYearBalance
Contributions	56352	Contributions
Investment Earnings Or Losses	220176	InvestmentEarningsOrLosses
Grants Or Scholarships	42273	GrantsOrScholarships
Other Expenditures	40500	OtherExpenditures
Administrative Expenses	10831	AdministrativeExpenses
End Of Year Balance	2235960	EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	1777337	BeginningOfYearBalance
Contributions	74293	Contributions
Investment Earnings Or Losses	279191	InvestmentEarningsOrLosses
Grants Or Scholarships	36510	GrantsOrScholarships
Other Expenditures	19044	OtherExpenditures
Administrative Expenses	22231	AdministrativeExpenses
End Of Year Balance	2053036	EndOfYearBalance

Current Year Minus4 Years CurrentYearMinus4Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	81647	BeginningOfYearBalance
Contributions	-439264	Contributions
Investment Earnings Or Losses	76248	InvestmentEarningsOrLosses
Grants Or Scholarships	3585	GrantsOrScholarships
Other Expenditures	10241	OtherExpenditures
Administrative Expenses	1777337	AdministrativeExpenses
End Of Year Balance	1777337	EndOfYearBalance

Field	Value	IRS element (for citing)
Permanent Endowment EOY Balance	1.00000	PermanentEndowmentEOYBalance
Endowments Held By Unrelated Orgs	true	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule R	false	AreRelatedOrgsListedScheduleR

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	26035	OtherCostOrOtherBasis
Book Value	26035	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	5030449	OtherCostOrOtherBasis
Depreciation	1490556	Depreciation
Book Value	3539893	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1061545	OtherCostOrOtherBasis
Depreciation	1013931	Depreciation
Book Value	47614	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1497194	OtherCostOrOtherBasis
Depreciation	186863	Depreciation
Book Value	1310331	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	4923873	TotalOfBookValueLandBuildings

Other Assets OtherAssets

Field	Value	IRS element (for citing)
Description	BENEFICIAL INTEREST IN ENDOWMENT FUNDS	Description
Book Value	1076128	BookValue

Field	Value	IRS element (for citing)
Total Book Value Other Assets	1076128	TotalBookValueOtherAssets

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	UNEARNED MEMBERSHIP DUES AND REVENUES	Description
Amount	$63,851	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	63851	TotalOfAmounts
Tot Revenue Etc Audited Fincl Stmt	896298	TotRevenueEtcAuditedFinclStmt
Other Revenues	65282	OtherRevenues
Revenue Not Rptd F990	65282	RevenueNotRptdF990
Revenue Subtotal	831016	RevenueSubtotal
Investment Expenses Not Included	10311	InvestmentExpensesNotIncluded
Revenue Not Rptd On Fin Stmt	10311	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	841327	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	881951	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	65282	OtherExpensesIncluded
Expenses Not Rptd F990	65282	ExpensesNotRptdF990
Expenses Subtotal	816669	ExpensesSubtotal
Investment Expenses Not Included2	10311	InvestmentExpensesNotIncluded2
Expenses Not Rptd On Fin Stmt	10311	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	826980	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Part XII, Line 2d	Part XII, Line 2d: Other expenses and losses per audited F/S	FUNDRAISING EXPENSES $35813 RENTAL EXPENSES $29469
Part XI, Line 2d	Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990	RENTAL EXPENSES (facility & bar) $29469 FUNDRAISING EXPENSES $35813
Part V, Line 4	Part V, Line 4: Intended uses of the endowment fund.	THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUND IS TO UTILIZE THE EARNINGS OF THE ENDOWMENT FUND TO PROVIDE ONGOING ANNUAL SUPPORT TO FUND THE GENERAL OPERATIONS OF THE ORGANIZATION AND TO FUND AS NEEDED SPECIAL MAINTENANCE PROJECTS.
Part III, Line 4	Part III, Line 4: Description of organization's collections and how it furthers its purpose.	THE ORGANIZATION HAS A COLLECTION OF APPROXIMATELY 300 WORKS OF ART. THE ORGANIZATION MAINTAINS 4 SEPARATE GALLERIES AT ITS ART CENTER TO DISPLAY THESE WORKS OF ART ON A ROTATING BASIS AND TO ALSO DISPLAY OTHER TRAVELING EXHIBITS. THE ORGANIZATION'S ART CENTER AND ALL OF ITS GALLERIES ARE FREE AND OPEN TO THE PUBLIC TO VIEW DURING REGULAR BUSINESS HOURS ON A YEAR ROUND BASIS. THE ORGANIZATION HAS A PAID STAFF AND A TEAM OF VOLUNTEERS THAT ARE AVAILABLE DURING REGULAR BUSINESS HOURS TO GIVE TOURS OF THE FACILITY AND ITS 4 GALLERIES.

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Agreement Ref Fundraising	false	AgreementRefFundraising

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	JUNE FUNDRAISER	NameOfEvent1
Gross Receipts Event1	86008	GrossReceiptsEvent1
Gross Revenue Event1	86008	GrossRevenueEvent1
Other Direct Expenses Event1	16891	OtherDirectExpensesEvent1
Name Of Event2	GOLF TOURNAMENT	NameOfEvent2
Gross Receipts Event2	17590	GrossReceiptsEvent2
Gross Revenue Event2	17590	GrossRevenueEvent2
Other Direct Expenses Event2	10970	OtherDirectExpensesEvent2
Total Number Of Other Events	2	TotalNumberOfOtherEvents
Gross Receipts Other Events	14865	GrossReceiptsOtherEvents
Gross Revenue Other Events	14865	GrossRevenueOtherEvents
Other Direct Expenses Other Events	7952	OtherDirectExpensesOtherEvents
Gross Receipts Total	118463	GrossReceiptsTotal
Gross Revenue Total Events	118463	GrossRevenueTotalEvents
Other Direct Expenses Total Events	35813	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	35813	DirectExpenseSummaryEvents
Net Income Summary	82650	NetIncomeSummary

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Form 990, Part VI, Line 19	Form 990, Part VI, Line 19: Other Organization Documents Publicly Available	This information can be viewed upon request of the CEO.
Form 990, Part VI, Line 15b	Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees	The board of directors determines the CEO's salary.
Form 990, Part VI, Line 15a	Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management	AN EMPLOYEE EVALUATION IS PERFORMED ANNUALLY ON THE CEO BY INDEPENDENT BOARD MEMBERS.
Form 990, Part VI, Line 12c	Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts	The board of directors reviews any conflicts of interest on an as needed basis when matters of potential conflict arise. The organization is subject to an annual audit that inquires about conflicts of interest.
Form 990, Part VI, Line 11b	Form 990, Part VI, Line 11b: Form 990 Review Process	The finance committee of the board of directors reviewed a draft of Form 990 before it is filed.
Form 990, Part VI, Line 6	Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder	The Pearson Lakes Art Center offers a variety of memberships to individuals and businesses. It does not have any stockholders.