2012-05-14T16:43:31-05:00 2011-06-30 CLIFTONLARSONALLEN LLP 20 E THOMAS RD STE 2300 PHOENIX AZ 85012 990 2010-07-01 860072608 PHOENIX ART MUSEUM INC PHOE 6022571880 1625 N CENTRAL AVENUE PHOENIX AZ 850041685 GARY EGAN 6022571880 2012-05-09 1 KEVIN E FINCHER CPA 6022662248 2010 2016-02-24 21:20:13Z GARY EGAN 1625 N CENTRAL AVENUE PHOENIX AZ 850041685 8993050 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. 43 43 122 2964 30190 0 5474043 4982269 1833220 1967920 12883 8985 1598560 1098497 8918706 8057671 0 0 0 0 4159635 3902346 0 0 775699 3954873 4338462 8114508 8240808 804198 -183137 14012462 12952973 5533026 4921375 8479436 8031598 X SEE SCHEDULE O FOR THE MISSION STATEMENT 0 0 398007 SEE SCHEDULE O FOR DESCRIPTION OF CEZANNE AND AMERICAN MODERNISM. 379852 SEE SCHEDULE O FOR DESCRIPTION OF FASHION INDEPENDENT: THE ORIGINAL STYLE OF ANN BONFOEY TAYLOR. 145000 SEE SCHEDULE O FOR DESCRIPTION OF PORTAU ACQUISITION - PAYSAGE PROVENCAL (LANDSCAPE IN PROVENCE). 282495 558690 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. 4735830 1685425 MUSEUM COLLECTION AND EXHIBITS. 5018325 2244115 5941184 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 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 1 97 0 1 122 1 1 1 0 0 0 0 1 1 0 0 0 0 X 43 43 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 EILEEN YEUNG 1.00 X 0 0 0 ELLEN KATZ 1.00 X 0 0 0 JACQUIE DORRANCE 1.00 X 0 0 0 JAMES LUNDY 1.00 X 0 0 0 JOE LAMPE 1.00 X 0 0 0 ANDREW KIM 1.00 X 0 0 0 JOHN BOUMA 1.00 X 0 0 0 KEN KENDRICK 1.00 X 0 0 0 MICHAEL GREENBAUM 1.00 X 0 0 0 PATRICIA NOLAN 1.00 X 0 0 0 PAUL GROVES 1.00 X 0 0 0 RICHARD GOLDSMITH 1.00 X 0 0 0 SHARRON ORTH LEWIS 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 SUSAN BLACK 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 POLLY LEVINE 1.00 X 0 0 0 PETER BANKO 1.00 X 0 0 0 JOAN CREMIN 1.00 X 0 0 0 AJ DICKEY 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 JAMES BALLINGER 37.50 X X 232048 0 26334 GARY EGAN 37.50 X 136134 0 17193 RITA LOCKE 37.50 X 123650 0 13222 491832 0 56749 3 0 1 0 CARSCAPE CONSTRUCTIONS LLC 13370 W FOXFIRE DRIVE 101 SURPRISE AZ 85374 LANDSCAPING SERVICES 275837 SELECT TRAVEL SERVICE INC WEST 115 CENTURY ROAD SUITE 330 PARAMUS NJ 07652 TRAVEL AGENCY 243167 MONTCLAIR ART MUSEUM 3 SOUTH MOUNTAIN AVENUE MONTCLAIR NJ 070421747 EXHIBITION & SHIPPING FEES 194254 UPRIGHT COMMERCIAL JANITORIAL 3332 W THOMAS ROAD PHOENIX AZ 85017 JANITORIAL SERVICES 139283 ARCADIA FARMS 7014 EAST 1ST AVENUE SCOTTSDALE AZ 85251 CAFE & CATERING SERVICES 116927 6 1226991 394426 1347896 98419 1914537 213805 4982269 MEMBERSHIP DUES 900099 1154236 1154236 PROGRAM SERVICE REVENU 900099 813684 813684 1967920 8985 8985 1332015 394426 652884 679131 679131 558690 282495 276195 276195 EXPENSE REIMBURSEMENTS 900099 112981 112981 CATERING 722320 30190 30190 143171 8057671 2244115 30190 801097 658141 202798 241354 213989 2682653 2065293 475953 141407 215847 146776 45328 23743 82340 62633 17694 2013 263365 169857 66573 26935 2239 2239 46415 8402 37071 942 317027 281071 31367 4589 176293 165024 10984 285 549483 404107 95068 50308 66668 10620 55898 150 650363 562157 79516 8690 117426 88973 26714 1739 19178 3180 15818 180 22328 22328 627457 583535 18824 25098 90970 74586 15927 457 OPERATING EXPENSES 1308682 854563 184759 269360 CONTRACTED LABOR 192713 186719 1500 4494 REPAIR AND MAINTENANCE 107224 60436 46788 0 DUES AND SUBSCRIPTIONS 43996 10454 32222 1320 8240808 5941184 1523925 775699 1149814 1104278 1542397 856292 1338076 1205267 129298 89276 430654 414943 202695 260354 14322761 7851572 6782363 6471189 44135 56707 2393030 2494667 14012462 12952973 983867 1119143 823079 548733 815000 550000 585000 885000 2326080 1818499 5533026 4921375 X 2332513 1977390 6146923 6054208 8479436 8031598 14012462 12952973 X -183137 -264701 X X 0 1 1 X 0 X 14118307 12226082 5564823 5169910 4982269 42061391 3578845 4531538 3723447 3514135 5190328 20538293 17697152 16757620 9288270 8684045 10172597 62599684 62599684 203707 124366 46243 12883 8985 396184 19640 39818 28892 24119 30190 142659 14426 263104 130346 108495 112981 629352 63767879 19384516 0.98170 0.98110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 X X X X 0 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 10674786 5744630 4930156 1870669 1286579 584090 1078053 820363 257690 6471189 CHARITABLE GIFT ANNUITIES 1390667 LAND HELD FOR SALE 1104000 2494667 CHARITABLE GIFT ANNUITIES 968332 ACCRUED PENSION 834424 DUE FROM UNRESTRICTED FUNDS 15743 1818499 8057671 8240808 -183137 12572 -277273 -264701 -447838 14255867 5629423 1334004 6963427 7292440 765231 765231 8057671 14126372 5629423 341174 5970597 8155775 85033 85033 8240808 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 $378,910 AND $417,120 FOR THE YEARS ENDED JUNE 30, 2011 AND 2010, 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: CHANGE IN CHARITABLE GIFT ANNUITIES: PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES: $282,495 CHANGE IN CHARITABLE GIFT ANNUITIES: $101,637 RELATED ORGANIZATION REVENUE: $949,872 PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT FROM AFFILIATE ELIMINATED ON FINANCIAL STATEMENTS: $680,198 SPECIAL EVENTS EXP. OFFSET AGAINST REVENUE ON FINANCIAL STATEMENTS: $65,390 INTERCOMPANY REVENUE ELIMINATED ON FINANCIAL STATEMENTS: $19,643 PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES: $282,495 RELATED ORGANIZATION EXPENSE: $58,679 PART XIII, LINE 4B - OTHER ADJUSTMENTS: INTERCOMPANY EXPENSES ELIMINATED ON FINANCIAL STATEMENTS: $19,643 SPECIAL EVENTS EXP. OFFSET AGAINST REVENUE ON FINANCIAL STATEMENTS: $65,390 THE PARTY 2011 1225455 368717 856738 360823 CF BUILDING A COLLECTON DINNER/AUCT 250392 8050 242342 137746 7 250594 17659 232935 154315 1726441 394426 1332015 652884 652884 679131 X 1 1 X X X 0 0 0 0 0 0 0 0 0 JAMES BALLINGER 232048 0 0 0 0 0 0 0 26334 0 258382 0 0 0 GARY EGAN 136134 0 0 0 0 0 0 0 17193 0 153327 0 0 0 THE INDUSTRIAL BOND DEVELOPMENT AUTHORITY OF THE CITY OF PHOENIX 860447254 71884GAA4 2006-03-30 6120000 MUSEUM EXPANSION 1 0 0 6120000 120000 6000000 2006 0 0 1 1 0 1 0 0 0.00000 0.00000 0.00000 1 0 1 0 0 0 0 X 123 0 N/A X 6 0 N/A X 0 N/A X 24 213805 MARKET VALUE 14 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 CEZANNE AND AMERICAN MODERNISM FRENCH MASTER PAUL CEZANNE, ONE OF THE MOST RECOGNIZABLE NAMES IN ART, IS CELEBRATED WORLDWIDE FOR HIS POST-IMPRESSIONIST MASTERPIECES. HOWEVER, CEZANNE'S GREATEST LEGACY MAY BE THE TRANSFORMATIVE EFFECT HIS WORK HAD ON 20TH CENTURY ARTISTS. CEZANNE AND AMERICAN MODERNISM IS THE FIRST EXHIBITION TO EXAMINE CEZANNE'S INFLUENCE ON AMERICAN ARTISTS WORKING BETWEEN 1900 AND 1930 BY BRINGING TOGETHER 16 OF THE FRENCH MASTER'S PAINTINGS AND WORKS ON PAPERS WITH MORE THAN 80 WORKS BY 33 AMERICAN ARTISTS, INCLUDING MARSDEN HARTLEY, MAURICE PRENDERGAST, ARSHILE GORKY, ALFRED STIEGLITZ AND MAN RAY. THE EXHIBITION SHOWCASES OUTSTANDING WORKS FROM PUBLIC AND PRIVATE COLLECTIONS THROUGHOUT THE U.S., INCLUDING THE METROPOLITAN MUSEUM OF ART, ART INSTITUTE OF CHICAGO, MUSEUM OF FINE ARTS, BOSTON, AND WORKS FROM PHOENIX ART MUSEUM'S PERMANENT COLLECTION. PROGRAM SERVICE ACCOMPLISHMENT # 2 FORM 990, PAGE 2, PART III FASHION INDEPENDENT: THE ORIGINAL STYLE OF ANN BONFOEY TAYLOR FASHION INDEPENDENT: THE ORIGINAL STYLE OF ANN BONFOEY TAYLOR, A FASHION DESIGN EXHIBITION EXCLUSIVE TO PHOENIX ART MUSEUM, OPENS THE CLOSET OF AN ACCLAIMED AMERICAN TASTEMAKER TO REVEAL AN EXTRAORDINARY WARDROBE OF CUSTOM-MADE COUTURE AND PERSONALLY DESIGNED SPORTING ENSEMBLES. IN 2008, SOCIALITE AND SPORTSWOMAN ANN BONFOEY TAYLOR'S WARDROBE WAS GIFTED TO THE MUSEUM BY THE TAYLOR FAMILY. SELECTED BY ARTS AND ANTIQUES AS ONE OF THE TOP 100 MUSEUM GIFTS OF 2008, THIS PRESTIGIOUS ACQUISITION WAS A RICH ARCHIVE OF WORKS BY THE MOST MASTERFUL FASHION DESIGNERS OF THE 1940S THROUGH 1960S INCLUDING CHARLES JAMES, MADAME GRES, BALENCIAGA, GIVENCHY AND FORTUNY. FASHION INDEPENDENT: THE ORIGINAL STYLE OF ANN BONFOEY TAYLOR, ON VIEW NOW THROUGH MAY 29, 2011, SHOWCASES TAYLOR'S WARDROBE, UNIQUE STYLE AND VISION AND PROVIDES A COMPREHENSIVE LOOK AT THE ARTISTIC PROCESS OF SEVERAL LEGENDARY FASHION DESIGNERS. PROGRAM SERVICE ACCOMPLISHMENT # 3 FORM 990, PAGE 2, PART III PORTAU ACQUISITION - PAYSAGE PROVENCAL (LANDSCAPE IN PROVENCE) PORTAU WAS A PROFESSIONAL MUSICIAN AND PAINTER DURING HIS VERY SHORT LIFE. HE WAS AN ACQUAINTANCE OF GEORGE SEURAT AND PAINTED IN A POINTILLIST STYLE. HE APPARENTLY WAS KNOWN IN BOTH PARIS AND BOSTON WHERE HE TRAVELLED ON TOUR FOR HIS PAINTINGS. HOWEVER, THERE IS NO RECORD HE EVEN HELD A FORMAL EXHIBITION. PORTAU PAINTED PRIMARILY AS A NEO-IMPRESSIONIST UNDER THE INFLUENCE OF SEURAT. AMONG THE FEW WORKS KNOWN BY THE ARTIST, THIS IS THE MOST "IMPRESSIONIST" IN COMPOSITION. SINCE THERE WERE NO EXHIBITIONS OF HIS WORK, THERE IS LITTLE TO JUDGE DIFFERENCES. HE WAS PRIMARILY A LANDSCAPE AND SEASCAPE PAINTER. 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 11,056 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 990 TAX RETURN WILL BE PRESENTED TO MEMBERS OF THE OPERATIONS COMMITTEE FOR REVIEW. THE BOARD OF TRUSTEES WILL ALSO RECEIVE A COPY OF THE 990 TAX RETURN TO REVIEW. 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 THE MUSEUM ENGAGES IN AN ANNUAL STAFF EVALUATION PROCESS TO DETERMINE PREVIOUS ACCOMPLISHMENTS, SET STAFF AND DEPARTMENT GOALS, AND DETERMINE SALARY INCREASES. FOR THE CEO POSITION, A SALARY SURVEY WAS USED FROM THE AMERICAN ASSOCIATION OF MUSEUM DIRECTORS TO ENSURE THAT OUR CEO COMPENSATION IS IN LINE WITH MUSEUMS OF SIMILAR SIZE AND FINANCIAL STRENGTH. AN AD HOC COMMITTEE OF BOARD MEMBERS WAS THEN CONSULTED TO DETERMINE THE LEVEL OF CEO COMPENSATION FOR THE MUSEUM. 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: 12,572. ACQUISITION OF FINE ART: -378,910. CHANGE IN CHARITABLE GIFT ANNUITIES: 101,637. TOTAL TO FORM 990, PART XI, LINE 5: -264,701. AUDIT COMMITTEE 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 N/A 1 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 1 0 1 PHOENIX ART MUSEUM ENDOWMENT FUND C 680198 FAIR MARKET VALUE PHOENIX ART MUSEUM ENDOWMENT FUND M PHOENIX ART MUSEUM ENDOWMENT FUND P 1150 FAIR MARKET VALUE PHOENIX ART MUSEUM ENDOWMENT FUND R 885000 FAIR MARKET VALUE