2012-03-26T12:02:40-05:00 2011-06-30 CLIFTONLARSONALLEN LLP 1715 1ST AVENUE SE CEDAR RAPIDS IA 52402 990 2010-07-01 420680248 CEDAR RAPIDS MUSEUM OF ART CEDA 3193667503 410 3RD AVENUE SE CEDAR RAPIDS IA 52401 BRIAN COLLER 3193667503 2012-03-19 1 BETH A KIELTS CPA 3193632697 2010 2016-02-24 21:20:13Z TERENCE PITTS 410 3RD AVENUE SE CEDAR RAPIDS IA 52401 3286089 0 X WWW.CRMA.ORG X 1905 IA TO EXCITE, ENGAGE, AND EDUCATE THROUGH THE ARTS. 31 31 22 211 0 0 825321 2082214 122030 122385 -49013 141154 334178 126806 1232516 2472559 0 0 0 0 660005 646455 0 0 170294 693593 694059 1353598 1340514 -121082 1132045 21605045 23086561 180662 139520 21424383 22947041 TO PROVIDE THE BEST CULTURAL EXPERIENCE IN OUR REGION WHILE MAKING SIGNIFICANT NATIONAL CONTRIBUTIONS TO THE ARTS. 0 0 783571 180421 MAINTAIN AND OPERATE A MUSEUM TO HOUSE ITS PERMANENT COLLECTION AND HOST VARIOUS EXHIBITS, ACTIVITIES & PROGRAMS THAT HELP TO FOSTER AN APPRECIATION OF ART. 783571 1 1 0 0 0 0 1 0 1 1 0 1 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 3 0 22 1 0 0 0 0 0 0 0 0 0 0 X 31 31 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 3193667503 410 3RD AVENUE SE CEDAR RAPIDS IA 52401 LARRY HELLING 1.00 X 0 0 0 TOM ANDERSON 1.00 X 0 0 0 JOHN HENIK 1.00 X 0 0 0 JOANNE RIBBLE 1.00 X 0 0 0 BENJAMIN ROGERS 1.00 X 0 0 0 PRISCILLA STEELE 1.00 X 0 0 0 OATHER TAYLOR 1.00 X 0 0 0 KATHY MULLEN 1.00 X 0 0 0 MARCIA HUGHES 1.00 X 0 0 0 CAROL NORDSTROM 1.00 X 0 0 0 PETER PAISLEY 1.00 X 0 0 0 DEE ANN MCINTYRE 1.00 X 0 0 0 KATRINA GARNER 1.00 X 0 0 0 DICK KETTELKAMP 1.00 X 0 0 0 BRADD BROWN 1.00 X 0 0 0 RANDY RAMLO 1.00 X 0 0 0 DANA LARSON 1.00 X 0 0 0 JOHN BALLARD 1.00 X 0 0 0 BRITANY COURTER 1.00 X 0 0 0 DOUG ELLIOTT 1.00 X 0 0 0 JACY HAEFKE 1.00 X 0 0 0 KISSY HEINS 1.00 X 0 0 0 QUINN PETTIFER 1.00 X 0 0 0 DINA LINGE 1.00 X 0 0 0 MARY SUESS 1.00 X 0 0 0 LISA THIMBECK 1.00 X 0 0 0 WILLIAM STAMATS 1.00 X 0 0 0 BONNIE SCHMIDT 1.00 X X 0 0 0 TIM HILL 1.00 X X 0 0 0 PHIL LASANSKY 1.00 X X 0 0 0 TOM DEBOOM 1.00 X X 0 0 0 BRIAN COLLER 1.00 X X 0 0 0 TERENCE PITTS 40.00 X 108775 0 6785 108775 0 6785 1 0 0 0 0 214992 47139 115816 1704267 732405 2082214 MEMBERSHIP DUES 900099 57485 57485 FACILITY RENTAL 532000 43914 43914 ADMISSIONS 900099 20986 20986 122385 107235 107235 789395 755476 33919 33919 33919 61269 25562 35707 35707 58036 32492 25544 25544 RECOVERY DUE TO FLOOD 900099 65555 65555 65555 2472559 147929 0 242416 118254 118254 436129 251224 59146 125759 52136 11199 38015 2922 39936 18127 12404 9405 123 123 50306 4784 40943 4579 13174 4280 8894 71789 37954 27849 5986 199936 166407 29939 3590 7717 4730 2987 294744 253480 35369 5895 14036 14036 ART ACQUISITION 11761 11761 PROFESSIONAL DEVELOPMEN 6134 1257 3568 1309 RECEPTION 3427 1472 1955 CONTRACTUAL:INSTRUCTION 1412 1412 SPECIAL EVENTS 1223 1223 18277 225 18052 1340514 783571 386649 170294 232430 258837 100546 1668284 2096832 88249 78625 29490 19013 10782943 4752090 6292244 6030853 2290665 3391490 558241 288622 10445442 10569980 0 251763 21605045 23086561 56201 28992 124461 110528 180662 139520 X 16342632 16864783 1852329 2403665 3229422 3678593 21424383 22947041 21605045 23086561 X 1132045 390613 X X 0 1 1 X 0 X 715629 2046255 1882666 825321 2082215 7552086 63862 63793 63720 63644 63564 318583 779491 2110048 1946386 888965 2145779 7870669 1139417 6731252 344213 434267 68570 96486 107235 1050771 197259 126824 324083 9245523 974677 0.72810 0.69730 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FLOOD RECOVERY GROSS INCOME FROM FUNDRAISING EVENTS RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 122032 10569980 X X X X 1 2519887 424223 519004 139290 18071 3305753 2401596 1941 278734 147170 15214 2519887 3271611 1789 -613039 242845 15920 2401596 0.00320 0.99680 0.00000 1 0 257164 257164 10129150 4460281 5668869 385518 289821 95697 11111 1988 9123 6030853 VALUE OF PERMANENT COLLECTION 10569980 F 10569980 2472559 1340514 1132045 378852 11761 390613 1522658 2792820 378852 63564 442416 2350404 123 122032 122155 2472559 1403955 63564 63564 1340391 123 123 1340514 PART III, LINE 1A: THE COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE MUSEUM'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED OR AS TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. THE PRECEDING IS TRUE FOR THE AUDITED FINANCIAL STATEMENT PRESENTATION, HOWEVER THE FORM 990 INCLUDES THE VALUE OF THE PERMENENT ART COLLECTION AS NOTED ON SCHEDULE D, PART III, LINE 1B. PART III, LINE 4: THE COLLECTIONS OF THE MUSEUM ARE MADE UP OF ARTIFACTS OF HISTORICAL SIGNIFICANCE AND ART OBJECTS THAT ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC, AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED, AND CARED FOR AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE COLLECTIONS ARE SUBJECT TO A POLICY THAT REQUIRES PROCEEDS FROM THEIR SALE TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ENDOWMENTS CONSIST OF VARIOUS FUNDS ESTABLISHED TO SUPPORT CAPITAL, PROGRAMMING, AND THE GENERAL OPERATING NEEDS OF THE ORGANIZATION. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE MUSEUM HAS DETERMINED THAT IT IS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS. PART XI, LINE 8 - OTHER ADJUSTMENTS: ACCESSION OF ART FOR COLLECTION 11,761. PART XII, LINE 4B - OTHER ADJUSTMENTS: FMV OF DONATED ARTWORK 122,032. MARTINI MADNESS 16685 16685 9345 ART ON THE ROCKS 10037 10037 2644 26722 26722 11989 11989 14733 X 71 122032 FAIR MARKET VALUE X 2 610373 FAIR MARKET VALUE 4 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS RECEIVED ON SCHEDULE M, COLUMN A, LINE 1 IS BASED ON THE NUMBER OF PIECES OF ART THAT WERE DONATED TO THE MUSEUM DURING THE CURRENT FISCAL YEAR END. THE NUMBER OF CONTRIBUTIONS RECEIVED ON SCHEDULE M, COLUMN A, LINE 9 IS BASED ON THE NUMBER OF DONORS WHO CONTRIBUTED STOCK. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE 990 WAS GIVEN TO THE FINANCE COMMITTEE FOR THEIR REVIEW PRIOR TO FILING THE RETURN. AFTER THEIR REVIEW THE FINAL VERSION OF THE 990 WILL BE ISSUED TO THE ENTIRE BOD PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES ARE REQUIRED ANNUALLY TO COMPLETE AND SIGN A CONFLICT OF INTEREST STATEMENT. ALL STATEMENTS ARE REVIEWED BY THE EXECUTIVE COMMITTEE, WHICH DISCUSSES EVERY STATED CONFLICT TO DETERMINE IF ANY ACTION IS REQUIRED. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE DIRECTOR COMPENSATION IS SET BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES AND IS RECORDED IN THE MINUTES OF THE COMMITTEE. THIS DECISION IS MADE KNOWN ANNUALLY TO THE FULL BOARD OF TRUSTEES. ANNUAL COMPENSATION IS SET IN ACCORDANCE WITH ANNUAL GOALS SET BY THE EXECUTIVE COMMITTEE. THE COMMITTEE TAKES INTO ACCOUNT COMPARABLE SALARIES BY OBTAINING SALARY SURVEYS. OFFICERS OF THE BOARD DO NOT RECEIVE ANY COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 378,852. ACCESSION OF ART FOR COLLECTION 11,761. TOTAL TO FORM 990, PART XI, LINE 5: 390,613. AUDIT OVERSIGHT FORM 990, PART XII, LINE 2C: THERE WERE NO CHANGES FROM PRIOR YEAR.