2011-03-07T14:37:37-06:00 2010-09-30 Kundinger Corder & Engle PC 475 Lincoln Street Suite 200 Denver CO 80203 990 2009-10-01 846038240 Denver Art Museum DENV 7209130022 100 West 14th Avenue Parkway Denver CO 802042788 Christoph Heinrich 7209130022 2011-03-02 1 3035345953 2009 2016-02-24 21:20:13Z Christoph Heinrich 100 West 14th Avenue Parkway Denver CO 802042788 30654288 0 X www.denverartmuseum.org X 1897 CO See Schedule OThe primary mission of the Denver Art Museum is to enrich the lives of present and future generations through the acquisition, presentation, and preservation of works of art, supported by exemplary scholarship and public programs related both to its permanent collections and to temporary exhibitions presented by the Museum. 30 30 313 534 389655 -28575 24563004 24815657 2300884 2642524 9500 24771 1233099 2114625 28106487 29597577 0 0 9998560 9368970 0 1401220 14757393 14056832 24755953 23425802 3350534 6171775 39495189 39590104 11348072 10066855 28147117 29523249 See description for Part I, Line 1 on Schedule O. 0 0 9346029 3539962 Exhibitions and Collections - See Schedule OExhibitions and Collections:Over the past year, the Museum hosted world-class exhibitions and collections, beginning with Embrace!, a DAM-organized exhibition of installed works by 17 international contemporary artists. Each of the artists selected locations within the Museum's Hamilton Building, and created an artwork that responded to or otherwise "embraced" the space. The exhibition celebrated the unique architecture and the way art interacts with the building in those spaces. A suite of western American painting exhibitions began with Allen True's West, examining True's work as Colorado's premier native-born artist of the early 20th century. Charles M. Russell: Masterworks in Oil and Bronze brought together signature paintings and sculptures from all phases of the renowned artist's career. The exhibition Charles Deas and 1840s America highlighted twelve of the artist's most important paintings, many of which were seen together for the first time. These exhibitions highlighted the Museum's own expansive collections and provided visitors with a rich exploration of 19th-century American art of the west. In the modern and contemporary works on paper gallery, examples of portraiture from the sixteenth century to the present were on display in Face to Face. This exhibition explored the many ways artists approach portraiture. In April, the Museum debuted the new permanent photography gallery with an exhibition of highlights from the collection. The inaugural exhibition provided a first-ever glimpse of the breadth and quality of photography at the Museum. In July, the Museum opened Tutankhamun: The Golden King and the Great Pharaohs, a major touring exhibition showcasing over 100 pieces from the tomb of King Tut and other ancient sites representing 2,000 years of Egyptian history. The exhibition follows a storyline that explores the splendor of the pharaohs, their function in the earthly and divine worlds, and what "kingship" meant to the Egyptian people. Visitors viewed artifacts from some of the most powerful Egyptian rulers, including Khefren, whose great pyramid is the only remaining structure of the seven wonders of the ancient world and Psusennes I, whose magnificent golden death mask was included in the display. Museum hours were extended to accommodate the large number of visitors. 6823444 Premises and Buildings - See Schedule OPremises & Buildings: These costs include all of the expenditures associated with the day-to-day operations of the Museum's facilities. Exhibition and permanent galleries displayed a variety of artwork for the public's enjoyment. The galleries, auditoriums, and other Museum spaces enabled volunteers and others to conduct frequent educational programs. The premises and buildings gave ample space for enriching the lives of people, for which the Museum has been internationally recognized. 1169785 152046 Education Programs - See Schedule OEducation Programs: The Museum is committed to making art meaningful and enjoyable to people of all ages and backgrounds through its programs, exhibitions and installed galleries. The Museum's education department is a pioneer in the field of museum education, and is well-regarded internationally for its innovative approach to program development. Programs include: In-Gallery Installations: The Museum's in-gallery interpretive installations provide visitors with a variety of ways to explore temporary exhibitions and permanent collections on their own. Discovery libraries, Hot Spot in-gallery activity stations, gallery games for kids and families, browsing areas, and more deepen visitors' experiences with art. Family Programs: The Denver Art Museum is committed to being a truly family-friendly institution. The Museum's approach is two-pronged: 1) offer programs and activities at "peak family times" (weekends and school breaks); and 2) integrate family materials into installations, exhibitions, and public spaces so there is always something for families to do together. Family activities are always available and included with the cost of general admission. Adult Programs: Adult programs include tours, studio classes, courses, and workshops. Online programs complement existing onsite offerings and incorporate participatory creative experiences that attract and engage younger adults for whom participation and technology are extremely important. School and Teacher Programs: The hallmark of the Museum's school program is an interactive touring approach that incorporates object-oriented learning and art-making activities. Roughly 40,000 students visit the museum each year, and over 4,000 participate with art-making tours. The Denver Art Museum also offers Creativity Resource, a web site that provides teachers with free standards-based resources for bringing creativity and cultural literacy into their classrooms. Community Partnerships: The Denver Art Museum has focused community outreach efforts to break down barriers to family participation such as a lack of transportation, or lack of awareness of the Museum's family programs. Programs include Community Access Tours that familiarize new visitors with Museum offerings, and visits to community organizations to provide art activities, family passes, and information about the Museum. By focusing on outreach, the Museum is strengthening ties to the community and welcoming ethnically and economically diverse family audiences. Overall, education programs both onsite and online served more than 300,000 people in 2010. 416106 630974 Other program services included in this caption are the activities associated with the gift shop, restaurant and other facilities designed to enhance the visitor's overall Museum experience. 416106 630974 17755364 1 1 0 0 0 0 1 0 0 1 1 0 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 1 1 0 0 0 1 108 0 313 1 1 1 0 0 0 0 1 1 0 0 0 30 30 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Curtis Woitte Director of Finance 7209130022 100 West 14th Avenue Parkway Denver CO 802042788 Frederic C Hamilton 1.00 X X 0 0 0 Charles P Gallagher 1.00 X X 0 0 0 J Landis Martin 1.00 X X 0 0 0 Robert S Rich 1.00 X X 0 0 0 William Armstrong 1.00 X 0 0 0 Jana Bartlit 1.00 X 0 0 0 Nancy Lake Benson 1.00 X 0 0 0 Ron Cooper 1.00 X 0 0 0 Michael Duncan 1.00 X 0 0 0 B Grady Durham 1.00 X 0 0 0 Suzanne Farver 1.00 X 0 0 0 Nancy Leprino Henry 1.00 X 0 0 0 Arlene Hirschfeld 1.00 X 0 0 0 James A Holmes 1.00 X 0 0 0 Thomas W Honig 1.00 X 0 0 0 Sarah A Hunt 1.00 X 0 0 0 Mariner Kemper 1.00 X 0 0 0 Kent Logan 1.00 X 0 0 0 Richard D McCormick 1.00 X 0 0 0 Wayne W Murdy 1.00 X 0 0 0 Trygve E Myhren 1.00 X 0 0 0 Roger Parker 1.00 X 0 0 0 Kathryn A Paul 1.00 X 0 0 0 William B Pauls 1.00 X 0 0 0 Thomas A Petrie 1.00 X 0 0 0 Craig Ponzio 1.00 X 0 0 0 Scott Reiman 1.00 X 0 0 0 Richard L Robinson 1.00 X 0 0 0 John J Sie 1.00 X 0 0 0 James F Williams III 1.00 X 0 0 0 Daniel W Yohannes 1.00 X 0 0 0 Lewis Sharp 40.00 X 194676 0 131995 Christoph Heinrich 40.00 X 119008 0 24217 Judy Witthohn 40.00 X 112101 0 25059 Cathey Finlon 40.00 X 0 0 0 Richard Rutledge 32.00 X 121621 0 16387 Timothy Standring 40.00 X 140675 0 29756 Margaret Young-Sanchez 40.00 X 135261 0 28790 Victoria Sterling 40.00 X 117004 0 19827 Andrea Fulton 40.00 X 114325 0 23071 1054671 0 299102 12 0 1 0 David Tippit 3060 Brighton Blvd Denver CO 80216 Supplier of Art 319562 1 2278333 995319 3916177 7482759 10143069 5392152 24815657 Admissions & Prog Fees 900099 2490478 2490478 Education 900099 152046 152046 2642524 29668 29668 477102 87447 389655 389655 170986 218669 4897 -4897 -4897 -4897 320326 995319 320326 0 1275015 644041 630974 630974 Sale of Art Proceeds 900099 948105 948105 Miscellaneous Revenue 900099 101379 101379 Parking 900099 44512 44512 1093996 29597577 4322982 170986 287952 461442 133638 270666 57138 8907528 6722055 1701829 483644 271468 207884 63584 72360 72360 4650 4650 509607 285160 201838 22609 825328 825328 953700 421211 516545 15944 1632947 1573544 59403 130584 115373 12479 2732 37238 37238 881374 869952 8347 3075 Distributions to DAMF 2689637 2689637 Exhibitions 2485597 2485597 Repairs and Maintenance 789746 789746 Support Group/Volunteer 592471 592471 Consult. & Assistance 444851 216207 193046 35598 1735274 1208122 339143 188009 23425802 17755364 4269218 1401220 693121 3439470 1865783 600759 12868007 9431164 359928 854337 476590 476590 332785 429616 865766 563983 45322098 30521257 14745532 14800841 6569019 8523107 469767 208635 248891 261602 39495189 39590104 2179129 2666638 456095 519771 4513403 2776000 4199445 4104446 11348072 10066855 X 15828175 19641739 8550924 7158806 3768018 2722704 28147117 29523249 39495189 39590104 X 0 1 1 X 1 1 X 36750981 25159363 23613667 19568421 19278018 124370450 5982485 5570923 5779588 5231956 5272005 27836957 898511 642600 623616 598831 265634 3029192 43631977 31372886 30016871 25399208 24815657 155236599 902740 154333859 674290 2258294 785313 253218 506770 4477885 838553 455493 212515 109134 320326 1936021 161650505 27114224 0.95470 0.95000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 4600000 4600000 38901616 28772528 10129088 1820482 1748729 71753 14800841 Refundable Advance 1500000 Note Payable to Denver Art Museum Foundation 2604446 4104446 29597577 23425802 6171775 41226 -4836869 -4795643 1376132 24217870 41226 281243 322469 23895401 4650 5697526 5702176 29597577 20742419 281243 87447 368690 20373729 4650 3047423 3052073 23425802 Part III, Line 1a: The Museum's collections, which were acquired through purchases and contributions, 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. 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. Museum policies require that such proceeds be used only to acquire additional art objects. All of the Museum's collection items are held for educational, research, scientific, and curatorial purposes. Each of these collection items is cataloged, preserved, and cared for, and activities verifying their existence and assessing their condition are performed continuously. Part III, Line 4: The Denver Art Museum is dedicated to the collection, preservation, and presentation of art for broadly diverse audiences. With approximately 70,000 works of art in its care, the Museum holds the largest and most comprehensive collection of world art between Kansas City and the West. The Museum is an accessible, quality destination, welcoming over 500,000 visitors annually. The Museum is committed to its role as a cultural resource providing shared experiences of art and culture to the Rocky Mountain region and beyond. Collections are organized into nine curatorial departments: architecture, design & graphics; Asian art; modern and contemporary art; native arts; new world; painting and sculpture; textile arts; western American art; and photography. The American Indian collection is the single largest group of works in the Museum, containing more than 19,000 objects representing more than 100 tribes ranging in date from prehistoric times to the present day and assembled with dual concerns for aesthetic and historical significance. The Denver Art Museum was one of the first fine art museums in the United States to collect American Indian art. The Denver Art Museum is also the only museum in the country with major collections of both pre-Columbian and Spanish colonial art. The pre-Columbian collection boasts world-class holdings of Peruvian art and encompasses the largest holdings of Costa Rican art outside of that country. The Spanish colonial collection, rich in paintings, sculptures and decorative arts, is widely considered one of the finest Latin American collections in the United States. This collection of over 1,300 objects is especially strong in Mexican and Peruvian painting as well as colonial silver and furniture from all areas of Latin America. The Denver Art Museum strives to enrich the lives of present and future generations through the acquisition, presentation and preservation of works of art. The collections further the organization's exempt purpose by providing the sustenance necessary to educate visitors about the past, present and future, and inspire life-long learning. Part XI, Line 8 - Other Adjustments: Gifts of Art: -4836869. Part XII, Line 4b - Other Adjustments: Gifts of Art: 4836868. Rental Expense: -87447. Art Proceeds: 948105. Part XIII, Line 2d - Other Adjustments: Rental Expense: 87447. Part XIII, Line 4b - Other Adjustments: Transfers to DAMF: 2689637. Acquistions of Art: 357786. Collectors Choice 632267 533609 98658 40920 10342 47396 DAM Uncorked 424927 328223 96704 48854 5350 42500 4 258451 133488 124963 71352 22170 31441 1315645 995320 320325 161126 37862 121337 320325 0 X X X 0 0 0 0 0 0 0 0 0 Lewis Sharp 194676 0 0 0 0 0 10356 99325 22314 0 227346 99325 0 0 Timothy Standring 140675 0 0 0 0 0 7965 0 21791 0 170431 0 0 0 Margaret Young-Sanchez 135261 0 0 0 0 0 7352 0 21438 0 164051 0 0 0 16000000 CECFA Variable Rate Demand Revenue Bonds Series 2004 840896727 196458YX5 2004-12-18 16000000 Pmnt of 2002 bond issue & construction of Hamilton Bldg 0 0 1400000 CHFA Series 2006 Tax Exempt Revenue Bonds 840676451 248995AA0 2006-02-28 1400000 Finance cost of security system & bond issuance costs 0 0 16000000 348426 7651574 2006 0 1 1 1 1400000 36969 1363031 2006 0 0 1 1 0 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 0 0 0 0.00000 0.00000 0.00000 1 0 1 0 0 0 0 X 1113 4836869 FMV X Advertising 3 289647 FMV X City indirect 1 265634 Reported by donor 8 0 1 0 Form 990, Part VI, Section A, line 6 The Denver Art Museum has over 26,000 members who approve the slate of directors nominated by the Board of Trustees at the annual general membership meeting. Form 990, Part VI, Section A, line 7a Denver Art Museum members approve the slate of directors as nominated by the Board of Trustees. Form 990, Part VI, Section B, line 11 The IRS Form 990 is completed annually and a copy is provided to the Museum's Board Secretary for review. The Secretary provides the Form 990 to the Museum Board's Audit Committee Chair for review. The Museum's CFO discusses any questions or concerns with the Secretary and the Audit Committee Chair and necessary changes are updated on the Form 990. Once the CFO is in agreement with the Secretary and the Audit Committee Chair regarding the finished Form 990, it is signed and dated by the CFO and submitted to the IRS by the filing deadline. A copy is made available to all Museum Board Trustees prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The Museum's Conflict of Interest Policy is designed to protect the Museum by defining what is a conflict of interest or potential conflict of interest and providing procedures to identify and address conflicts of interest and potential conflicts of interest. Museum trustees, members of committees with delegated powers from the Board of Trustees, officers (Chairman, Vice Chairman, Secretary, Treasurer), and specific employees including the Museum Director, President, Executive Assistant to Director, Assistant Director / Chief of Staff, Deputy Director - Operations, Deputy Director - Finance & CFO, Chief Curator, Curator, Assistant or Associate Curator, Department Director, or Department Associate Director (all "Interested Persons") are all covered under the policy. On an annual basis, each Interested Person must complete a "Disclosure and Compliance" form. This form requests information concerning all actual or potential conflicts of interest involving Interested Persons, their immediate family members and certain entities in which they or their immediate family members have an interest. As new trustees join the Board, new committee members are appointed, new officers are elected, or new employees who are covered under the policy are appointed (if those individuals are not already Interested Persons by reason of holding another of these positions) such individuals are also required to complete the "Disclosure and Compliance" form. In case of an actual or potential conflict of interest, the Museum uses a process at the Executive Committee level to investigate actual or potential conflicts of interest. Following disclosure of an actual or potential conflict, the person or persons involved with the conflict are not permitted to participate in any discussions relevant to determining if a conflict of interest exists. They may, however, be counted in determining the presence of a quorum at a meeting of the Executive Committee at which a conflict is being reviewed and may make a presentation to the Executive Committee to disclose the conflict and answer questions relevant thereto, but must leave the meeting during the discussion of and vote on whether the transaction or arrangement at issue resulted in a conflict of interest. If a conflict does exist, the Policy dictates ensuing steps, including investigating alternatives to the proposed transaction or arrangement and appropriate disciplinary and corrective action. The Museum maintains records concerning investigations of actual and potential conflicts of interest. Form 990, Part VI, Section B, line 15 The Museum's procedures for determining executive compensation include reviewing comparability data, monitoring the competitive market place, and approval by the executive comittee of the Board of Trustees. Determining the compensation for the Museum's other officers and key employees follows the Museum's compensation policies and practices. This includes reviewing comparability data, considering the competitive market place, and the review and approval by the Museum's executive management. Form 990, Part VI, Section C, line 19 The Museum makes its governing documents, conflict of interest policy and financial statements available to the public upon reasonable request. Part XI, Line 2c This process has not changed from the prior year. Denver Art Museum Holdings LLC 100 West 14th Parkway Denver CO 80204 846038240 Hold Real Estate CO 1817134 N/A 1240-1250 Bannock Street LLC 100 West 14th Parkway Denver CO 80204 846038240 Hold Real Estate CO N/A H-Street Properties LLC 100 West 14th Parkway Denver CO 80204 846038240 Hold Real Estate CO N/A Denver Art Museum Foundation 742496760 Support the activities of the Denver Art Museum CO 501(c)(3) 509(a)(1) N/A 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0