2011-02-02T14:14:31-06:00 2010-06-30 EIDE BAILLY LLP 4310 17TH AVE S PO BOX 2545 FARGO ND 581082545 990 2009-07-01 411260780 PLAINS ART MUSEUM PLAI 7012323821 PO BOX 2338 FARGO ND 581082338 MARK HENZE 7012323821 2011-01-31 1 LISA CHAFFEE CPA 7012398500 2011-01-31 2009 2016-02-24 21:20:13Z Colleen Sheehy PO BOX 2338 FARGO ND 581082338 14149130 0 X WWW.PLAINSART.ORG X 1975 ND To promote and foster a knowledge of art by providing facilities for exhibitions and programs to improve education in the arts. 18 18 157 80 110153 0 1016210 1711135 37636 24466 53483 242039 687997 682969 1795326 2660609 0 0 904867 816502 0 129290 1380507 1440448 2285374 2256950 -490048 403659 7422837 8076189 2197826 2460478 5225011 5615711 The Plains Art Museum brings people and art together. As a public institution we celebrate the finest of human achievement and inspire and engage diverse audiences in the creation, exhibition, collection, and preservation of art. 0 0 1504560 26184 In fiscal year 2010, Plains Art Museum served 42,746 visitors of all ages through high quality art exhibitions, educational programs, live music, and outreach activities. The museum organizes six to eight major exhibitions annually with an equal number of smaller exhibitions. The museum's permanent collection of 3,300 objects is also used for special exhibitions and research, occasionally shown in national and international venues. Exhibitions focus on artists in the community and region. The permanent collection focuses on 20th and 21st century American art, regional art, and work by Native American artists.In fiscal year 2010, the museum presented the following exhibitions:*Drawings by Frank Big Bear*Day of the Dead: Latino artists create steamroller prints*Stories of the Somali Diaspora: photographs by Abdi Roble*Individual to icon: Portraits of the famous and almost famous from folk art to facebook*16th annual national Juried Watermedia Exhibition*Modern Man presents: Andy, you used me*In addition, the museum presented a number of exhibitions in its ancillary spaces. 175697 15394 In-house education programs include docent-led tours, lectures, artist talks, curator-led gallery talks, internships, art camps and art classes and workshops for children and adults. Outreach programs, which brings original art exhibitions and art education programs to rural Minnesota and North Dakota. 1680257 1 1 0 1 0 0 1 0 1 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 27 0 1 157 1 1 1 0 0 0 0 1 1 0 0 0 18 18 0 0 0 0 1 1 0 1 1 0 0 1 1 0 0 0 1 1 0 0 MN X Mark Henze 7012323821 704 1ST AVE N Fargo ND 58102 Sally McCravey 1.00 X X 0 0 0 Julie Burgum 1.00 X X 0 0 0 Stacie Heiden 1.00 X X 0 0 0 Kate Haugen 1.00 X X 0 0 0 Michael Olsen 1.00 X X 0 0 0 Carole Kline 1.00 X 0 0 0 Arlette Preston 1.00 X 0 0 0 Willy Jacobson 1.00 X 0 0 0 Dennis Walaker 1.00 X 0 0 0 Susie Freeman 1.00 X 0 0 0 Andrea Jenson 1.00 X 0 0 0 Zhimin Guan 1.00 X 0 0 0 Tom Dawson 1.00 X 0 0 0 John Beecher 1.00 X 0 0 0 Bill Schlossman 1.00 X 0 0 0 Meg Spielman-Peldo 1.00 X 0 0 0 Shelly Gompf 1.00 X 0 0 0 Colleen Sheehy 40.00 X X 114231 0 5712 Mark Henze 40.00 X 54749 0 5208 168980 0 10920 1 0 0 0 0 102368 12706 27172 1568889 3000 1711135 Education & Outreach 611710 15394 15394 Admissions 711300 9072 9072 24466 18877 18877 103601 38486 65115 65115 13486 51629 1732870 3500 1513208 219662 3500 223162 223162 47220 12706 22084 25136 25136 10102165 9623226 478939 478939 405296 291517 113779 17112 96667 2660609 41578 110153 797743 186180 11138 130490 44552 520880 364044 139223 17613 58719 39721 14292 4706 50723 27416 18820 4487 149167 106790 39731 2646 59979 20463 906 38610 94693 54901 23574 16218 102379 102379 8159 5673 2486 5745 4107 1638 96867 96867 226986 155320 71666 19630 19502 128 Art Work Purchased 619575 619575 Repairs 39068 39058 10 Hospitality 10384 7246 2875 263 Exhibits 4649 4649 Subscriptions and Dues 2602 1108 1299 195 565 300 265 2256950 1680257 447403 129290 1169134 1391380 200 391719 25228 17244 40561 47452 10653 18754 7787445 2738392 5186507 5049053 990554 1160587 7422837 8076189 367376 281781 37280 52339 1793170 1726358 400000 2197826 2460478 X 3754924 3423185 246337 968776 1223750 1223750 5225011 5615711 7422837 8076189 X 0 1 1 X 0 X 400446 538434 515008 1016210 2316735 4786833 2524978 3067819 3868682 3044912 2042158 14548549 2925424 3606253 4383690 4061122 4358893 19335382 0 0 0 19335382 887246 671414 172483 147161 122478 2000782 39244 5416 44068 88728 887246 671414 211727 152577 166546 2089510 3812670 4277667 4595417 4213699 4525439 21424892 0.90250 0.87420 0.09750 0.12580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 100 100 2168589 2168689 258434 64609 0 0 230335 244465 261942 258434 995176 1492764 150 100 250 57584 61116 65486 64609 248795 373193 X X X X 0 1090554 172937 2904 1260587 1096362 28749 34557 1090554 0.00000 0.97080 0.02920 0 0 651628 651628 6547694 2475923 4071771 417201 262469 154732 170922 170922 5049053 2660609 2256950 403659 -54459 41500 -12959 390700 2693737 -54459 41500 -12959 2706696 -46087 -46087 2660609 2303037 46087 46087 2256950 0 2256950 Part III, Line 1a: Footnote from Audited Financial Statements regarding Financial Statement treatment of donated works of art: The Museum does not capitalize donated works of art or recognize them as revenues or gains. Donations need not be recognized if they are added to collections that are held for public exhibition, education, or research in furtherance of public service rather than financial gain; are protected, kept unencumbered, cared for, and preserved; and are subject to a policy that requires the proceeds from sales of collection items to be used to acquire other items for collections. Gifts received in 2010 and 2009 were valued at $605,600 and $490,600, respectively. Collection items are recorded at cost if purchased. Part III, Line 4: The Plains Art Museum's collections consist of over 3,800 fine art and ethnographic objects in both the museum's permanent and educational collections. The museum regularly exhibits and interprets objects from its permanent and education collections in one of the museum's primary galleries on a permanent, annual rotating basis. Additionally, temporary and/or travelling exhibitions hosted by the museum are often augmented and greatly enhanced by objects from our permanent and education collections. The museum also provides access to its collections to both scholarly endeavors and the greater public by actively participating with the general public, academia and the greater museum community by lending works and/or entire exhibitions from its collections to appropriate and approved lenders world-wide. Part V, Line 4: Description of Intended Use of Endowment Funds: The income from the endowment account is to be utilized for the exhibition, development, and curatorial projects that benefit or create opportunities for emerging and mid-career artists, for acquisitions of art by emerging and mid-career artist's for the permanent collection, and for publications and catalogs supporting or documenting exhibitions or contemporary projects by emerging or mid-career artists. The William Randolph Hearst endowment fund income is used for education purposes. Part X: Description of Uncertain Tax Positions Under FIN 48: The Museum has adopted the provisions of FASB Accounting Standards Codification Topic ASC 740-10 (previously Financial Interpretation No. 48, Accounting for Uncertainty in Income Taxes), on June 30, 2010. The implementation of this standard had no impact on the financial statements nor has the Museum recorded any liability related to uncertain tax provisions. The Museum will recognize future accrued interest and penalties related to unrecognized tax benefits in income tax expense if incurred. The Museum is no longer subject to Federal tax examinations by tax authorities for years before 2007 and state examinations for years before 2007. Part XII, Line 4b - Other Adjustments: Special Events Expenses Recorded in Expenses for Financial Statements: -22084. Rental Expenses recorded in expenses for financial statements: -24003. Part XIII, Line 2d - Other Adjustments: Special Events Expenses Deducted on line 9b: 22084. Rental Expenses recorded in expenses for financial statements: 24003. Gala 59926 12706 47220 3000 19084 59926 12706 47220 3000 19084 22084 25136 4004691 3253278 104203 794562 0 3524798 2786526 21180 312489 0 2565164 2138821 14210 190445 0 10094653 8178625 139593 1297496 9615714 478939 ND 1 0 1 0 1.00000 Monica Quenzer 704 First Ave North Fargo ND 58102 0 Karen Breiner 52665 Staffing, site management, personnel management, negotiations with vendors, overall fiscal management of gaming operations, lobbying, marketing, advertising, community relations X 1 1685592 Cass County North Dakota 456002205 2005-12-15 2000000 Facilities Refunding 0 0 2000000 2000000 1 0 1 1 0 0 0 0 0 0 X 276 0 X Wine 1 3000 Donor provided invoice 0 0 1 0 Non Reporting of Revenue: Part I, Line 33: The organization does not capitalize donated works of art or recognize them as revenues or gains as permitted under SFAS 116. Donations need not be recognized if they are added to collections that are held for public exhibition, education, or research in furtherance of public service rather than financial gain; are protected, kept unencumbered, cared for, and preserved; and are subject to a policy that requires the proceeds from sales of collection items to be used to acquire other items for collections. Form 990, Part VI, Section A, line 6 The organization has members. All members have the same voting rights. Any individual may become a member of the corporation by paying annual dues. Form 990, Part VI, Section A, line 7a At the annual meeting, the corporation's membership shall elect directors to be elected that year. Form 990, Part VI, Section B, line 11 Management will review a draft copy of the Form 990. Following management's review of the 990, it will be presented to the board of directors and then presented to the full board. An electronic version of the completed Form 990 will be emailed to board members prior to the January 2011 board meeting. Form 990, Part VI, Section B, line 12 The organization has a conflict of interest policy in place which covers the board of directors. If a conflict of interest exists, a board member leaves the room during the discussion in order to not influence any vote on the discussion and the board member abstains from voting on the issue with the conflict. Currently there is no formal process in place which requires an annual disclosure of conflicts, but the organization is working on putting this process in place. Conflicts will be reviewed by management and the board of directors and the board will determine whether a conflict of interest exists. Form 990, Part VI, Section B, line 15a The board of directors approves the CEO's compensation. Comparability data from regional and local nonprofits of similar size are used for the compensation data. Written minutes were taken at the board meeting. This process was last completed in October 2008. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.