2012-11-15T11:10:40-06:00 2012-06-30 410746749 CLIFTONLARSONALLEN LLP 1715 1ST AVENUE SE CEDAR RAPIDS IA 52402 990 2011-07-01 420680248 CEDAR RAPIDS MUSEUM OF ART CEDA 3193667503 410 3RD AVENUE SE CEDAR RAPIDS IA 52401 BRIAN COLLER 3193667503 2012-11-12 1 DAVID LITTLE P01480921 3193632697 2011 2016-02-24 21:20:13Z TERENCE PITTS 410 3RD AVENUE SE CEDAR RAPIDS IA 52401 2427202 0 X WWW.CRMA.ORG X 1905 IA TO EXCITE, ENGAGE, AND EDUCATE THROUGH THE ARTS. 30 30 25 224 0 0 2082214 860868 122385 106449 141154 129801 126806 148612 2472559 1245730 0 0 0 0 646455 654626 0 0 169013 694059 809182 1340514 1463808 1132045 -218078 23086561 22655752 139520 127493 22947041 22528259 TO PROVIDE THE BEST CULTURAL EXPERIENCE IN OUR REGION WHILE MAKING SIGNIFICANT NATIONAL CONTRIBUTIONS TO THE ARTS. 0 0 866986 137355 CRMA MAINTAINS AND OPERATES AN ART MUSEUM WITH A PERMANENT COLLECTION OF MORE THAN 7,000 WORKS OF ART. THE MUSEUM HAS SIXTEEN GALLERIES IN WHICH IT ORGANIZES A DOZEN OR MORE EXHIBITIONS ANNUALLY. THE MUSEUM IS OPEN SIX DAYS A WEEK AND RECEIVES MORE THAN 30,000 VISITORS ANNUALLY, INCLUDING SEVERAL THOUSAND CHILDREN. MANY EDUCATIONAL PROGRAMS ARE HELD AT THE MUSEUM AND AT OFFSITE LOCATIONS, INCLUDING PUBLIC LIBRARIES. THE MUSEUM ALSO OWNS THE ORIGINAL GRANT WOOD STUDIO, A NEARBY HISTORIC HOUSE PROPERTY WHERE THE AMERICAN ARTIST LIVED FROM 1924-1935. THE STUDIO IS OPEN FOR FREE TOURS ON MOST WEEKENDS. 866986 1 1 0 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 7 0 25 1 0 0 0 0 0 0 0 0 0 0 X 30 30 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 BRADD BROWN 1.00 X 0 0 0 RANDY RAMLO 1.00 X 0 0 0 DANA LARSON 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 JOHN BALLARD 1.00 X 0 0 0 BRITNEY COURTER 1.00 X 0 0 0 DOUG ELLIOTT 1.00 X 0 0 0 KISSY HEINS 1.00 X 0 0 0 DINA LINGE 1.00 X 0 0 0 QUINN PETTIFER 1.00 X 0 0 0 MARY SUESS 1.00 X 0 0 0 LISA THIRNBECK 1.00 X 0 0 0 JACEY HAFKE 1.00 X 0 0 0 WILLIAM STAMATS 1.00 X 0 0 0 BONNIE SCHMIDT 1.00 X X 0 0 0 PHIL LASANSKY 1.00 X X 0 0 0 TIM HILL 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 110091 0 6135 110091 0 6135 1 0 0 0 0 263908 138263 112202 346495 53879 860868 MEMBERSHIP DUES 900099 53408 53408 FACILITY RENTAL 532000 35043 35043 ADMISSIONS 900099 17998 17998 106449 126024 126024 1149365 1145588 3777 3777 3777 129303 11597 117706 117706 55193 24287 30906 30906 1245730 137355 0 247507 120306 120306 431991 256039 59582 116370 62916 13652 45702 3562 39413 18493 12177 8743 41892 41892 134 134 38129 13900 19404 4825 20475 10426 10049 114030 69094 33209 11727 190892 157709 29527 3656 12362 6307 4971 1084 299119 257242 35895 5982 14036 14036 ART ACQUISITION 33692 33692 PROFESSIONAL DEVELOPMEN 11319 3607 6963 749 RECEPTION 4711 2445 2266 SPECIAL EVENTS 184 184 28207 10160 18047 1463808 866986 427809 169013 258837 275164 100546 112064 2096832 1663773 78625 75029 19013 18958 10795371 5049712 6030853 5745659 3391490 3594786 288622 244116 10569980 10653634 251763 272569 23086561 22655752 28992 31572 110528 95921 139520 127493 X 16864783 16321431 2403665 2451274 3678593 3755554 22947041 22528259 23086561 22655752 X -218078 -200704 X X 0 1 1 X 0 X 2046255 1882666 825321 2082215 860868 7697325 63793 63720 63644 63564 63480 318201 2110048 1946386 888965 2145779 924348 8015526 1112009 6903517 434267 68570 96486 107235 126024 832582 197259 126824 129303 453386 9301494 953625 0.74220 0.72810 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FLOOD RECOVERY GROSS INCOME FROM FUNDRAISING RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 53879 10653634 X X X X 1 3305753 172444 -107283 164202 21134 3185578 2519887 424223 519004 139290 18071 3305753 2401596 1941 278734 147170 15214 2519887 3271611 1789 -613039 242845 15920 2401596 0.00000 1.00000 0.00000 1 0 257164 257164 10133655 4728411 5405244 390294 317867 72427 14258 3434 10824 5745659 VALUE OF PERMANENT COLLECTION 10653634 F 10653634 1245730 1463808 -218078 -230479 29775 -200704 -418782 1024718 -230479 63480 -166999 1191717 134 53879 54013 1245730 1527154 63480 63480 1463674 134 134 1463808 PART III, LINE 1A: THE COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE INCEPTION OF THE MUSEUM, 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 29,775. PART XII, LINE 4B - OTHER ADJUSTMENTS: FMV OF DONATED ART WORK 53,879. SIGHT AND SOUND 100000 100000 MARTINI MADNESS 17903 17903 6964 1 11400 11400 4633 129303 129303 11597 11597 117706 X 51 53879 FMV 1 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS RECEIVED ON SCHEDULE M, COLUMN B IS BASED ON THE NUMBER OF ADDITIONS TO THEIR COLLECTION THAT WERE DONATED TO THE MUSEUM DURING THE CURRENT YEAR. 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 LOSSES ON INVESTMENTS: -230,479. ACCESSION OF ART FOR COLLECTION 29,775. TOTAL TO FORM 990, PART XI, LINE 5: -200,704. AUDIT OVERSIGHT COMMITTEE FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.