ARTS FOUNDATION: Form 990PF, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- ARTS FOUNDATION (EIN 39-6657667)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-11-16
- IRS object ID
- 201223219349100207
- Schema version
- 2011v1.2
- 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-PF
- Land Etc Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-16T13:52:01-08:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Huckfeldt & Smith PLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2435 Kimberly Road Suite 290N | AddressLine1 |
| City | Bettendorf | City |
| State | IA | State |
| ZIP Code | 527223533 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 396657667 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARTS FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ARTS | NameControl |
| Phone | 5633555330 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2435 KIMBERLY ROAD | AddressLine1 |
| City | BETTENDORF | City |
| State | IA | State |
| ZIP Code | 52722 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | L TED SLOANE | Name |
| Title | Trustee | Title |
| Date Signed | 2012-11-16 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | David A Schebler | Name |
| Phone | 5633555330 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 0 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Dividends Rev And Expnss | 21 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 21 | DividendsNetInvstIncm |
| Dividends Adj Net Incm | 21 | DividendsAdjNetIncm |
| Net Gain Sale Assets Rev And Expnss | -456 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 5638 | GrossSalesPrice |
| Other Income Rev And Expnss | 6 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 6 | OtherIncomeNetInvstIncm |
| Other Income Adj Net Incm | 6 | OtherIncomeAdjNetIncm |
| Total Revenue And Expenses | -429 | TotalRevenueAndExpenses |
| Total Net Investment Income | 27 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 27 | TotalAdjustedNetIncome |
| Other Expenses Rev And Expnss | 255 | OtherExpensesRevAndExpnss |
| Tot Opr Expenses Rev And Expnss | 255 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 0 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 5803 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 5803 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 6058 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 0 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 5803 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -6487 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 27 | NetInvestmentIncome |
| Adjusted Net Income | 27 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 393 | SavingsAndTempCashInvstBOY |
| Investments Other BOY | 6094 | InvestmentsOtherBOY |
| Land Building And Equipment Basis | 3399 | LandBuildingAndEquipmentBasis |
| Accum Deprec Land Bldg And Equip | 3399 | AccumDeprecLandBldgAndEquip |
| Other Assets BOY | 322452 | OtherAssetsBOY |
| Other Assets EOY | 322452 | OtherAssetsEOY |
| Total Assets BOY | 328939 | TotalAssetsBOY |
| Total Assets EOY | 322452 | TotalAssetsEOY |
| Total Assets EOYFMV | 0 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Retained Earnings BOY | 328939 | RetainedEarningsBOY |
| Retained Earnings EOY | 322452 | RetainedEarningsEOY |
| Total Net Assets BOY | 328939 | TotalNetAssetsBOY |
| Total Net Assets EOY | 322452 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 328939 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 322452 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 328939 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -6487 | ExcessOfRevenueOverExpenses |
| Subtotal | 322452 | Subtotal |
| Total Net Assets Fund Balances EOY | 322452 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -456 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Noncharitable Assets Year1 | 5352 | NoncharitableAssetsYear1 |
| Qualifying Distributions Year2 | 5000 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 6891 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.72558 | DistributionRatioYear2 |
| Noncharitable Assets Year3 | 328957 | NoncharitableAssetsYear3 |
| Noncharitable Assets Year4 | 330059 | NoncharitableAssetsYear4 |
| Qualifying Distributions Year5 | 318533 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 372433 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.85528 | DistributionRatioYear5 |
| Total Distribution Ratio | 1.58086 | TotalDistributionRatio |
| Average Distribution Ratio | 0.31617 | AverageDistributionRatio |
| Net Noncharitable Assets | 3466 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 1096 | AdjustedNoncharitableAssets |
| Adj Nonchrtbl Assets And One | 1096 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 5803 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 0 | InvestmentIncomeExciseTax |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| Form990 T Filed | false | Form990TFiled |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | IA | StatesFiledWith |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | false | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HUCKFELDT & SMITH PLC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 5633555330 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2435 KIMBERLY ROAD 290N | AddressLine1 |
| City | BETTENDORF | City |
| State | IA | State |
| ZIP Code | 52722 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | false | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Acts Fail To Qualify As Exceptions | false | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Undistr Income4942a2 Not Applied | false | UndistrIncome4942a2NotApplied |
| Business Holdings | false | BusinessHoldings |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Tr Fail To Qualify As Exceptions | false | TrFailToQualifyAsExceptions |
| Maint Expend Responsibility | false | MaintExpendResponsibility |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
| Proceeds Or Net Income | false | ProceedsOrNetIncome |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|---|---|---|---|
| ALICE R SLOANE | ||||||
| 4500 ELMORE AVENUE 336 | DAVENPORT | IA | 52807 | Trustee | 1.00 | 0 |
| L TED SLOANE | ||||||
| 4500 ELMORE AVENUE 336 | DAVENPORT | IA | 52807 | Trustee | 1.00 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 2816 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 703 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 3519 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Adj Total FMV Of Unused Assets | 3519 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 53 | CashDeemedCharitable |
| Net Noncharitable Assets | 3466 | NetNoncharitableAssets |
| Minimum Investment Return | 173 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 173 | MinimumInvestmentReturn |
| Distributable Amount Before Adj | 173 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 173 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 173 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 5803 | ExpensesAndContributions |
| Qualifying Distributions | 5803 | QualifyingDistributions |
| Adj Qualifying Distributions | 5803 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 173 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year5 | 299983 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year2 | 4655 | ExcessDistriCarryoverYear2 |
| Total Excess Distri Carryover | 304638 | TotalExcessDistriCarryover |
| Qualifying Distributions | 5803 | QualifyingDistributions |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 173 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 5630 | RemainingDistriFromCorpus |
| Total Corpus | 310268 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov From Year5 | 299983 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 10285 | ExcessDistriCyovToNextYear |
| Excess From Year2 | 4655 | ExcessFromYear2 |
| Excess From Current Year | 5630 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ALICE R SLOANE | ContributingManager |
| Contributing Manager | L TED SLOANE | ContributingManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Appication Submission Info AppicationSubmissionInfo
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2435 KIMBERLY ROAD 290N | AddressLine1 |
| City | BETTENDORF | City |
| State | IA | State |
| ZIP Code | 52722 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 5633555330 | RecipientPhoneNumber |
| Form And Info And Materials | ANY WRITTEN FORMAT IS ACCEPTABLE BY U.S. MAIL | FormAndInfoAndMaterials |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person Name | PUTNAM MUSEUM OF HISTORY AND NATURA | RecipientPersonName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1717 WEST 12TH STREET | AddressLine1 |
| City | DAVENPORT | City |
| State | IA | State |
| ZIP Code | 52804 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationship |
| Recipient Foundation Status | 501(C)(3) | RecipientFoundationStatus |
| Purpose Of Grant Or Contribution | GENERAL SUPPORT OF THE PUTNAM MUSEUM'S ACTIVITIES. | PurposeOfGrantOrContribution |
| Amount | $5,803 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 5803 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 21 | RelatedOrExemptFunctionIncome |
Other Investment Income Part VII OtherInvestmentIncomePartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 6 | RelatedOrExemptFunctionIncome |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | -456 | RelatedOrExemptFunctionIncome |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | -429 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | -429 | TotalPartXVIA |
Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps
Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 4 | LineNumber |
| Relationship Statement | PROVIDE DONATIONS TO CIVIC AND CHARITABLE ORGANIZATIONS. | RelationshipStatement |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Miscellaneous | CategoryOrItem |
| Cost Or Other Basis | 3399 | CostOrOtherBasis |
| Accumulated Depreciation | 3399 | AccumulatedDepreciation |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | NET INTANGIBLE ASSETS | Description |
| BOY Book Value | 322452 | BOYBookValue |
| EOY Book Value | 322452 | EOYBookValue |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | BANK FEES | Description |
| Revenue And Expenses Per Books | 255 | RevenueAndExpensesPerBooks |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Other Investment Income | Description |
| Revenue And Expenses Per Books | 6 | RevenueAndExpensesPerBooks |
| Net Investment Income | 6 | NetInvestmentIncome |
| Adjusted Net Income | 6 | AdjustedNetIncome |
Comments