2020-11-16T15:03:54-06:00 2019-12-31 WALTON ENTERPRISES LLC PO BOX 1860 BENTONVILLE AR 72712 990 2019-01-01 201359710 CRYSTAL BRIDGES MUSEUM OF AMERICAN ART INC % TRACY CUDE CRYS 4794185726 600 MUSEUM WAY BENTONVILLE AR 72712 ROD BIGELOW EXECUTIVE DIRECTOR 4794185700 2020-11-09 true KENT C CROUCH P00810750 4794641500 12.16.168.130 71504120203215000001 2020-11-16 P 7E5CD84163DE992D18BE76B2DBFD3F185ECE1AC2 C5CE2CB6658C0656BD6A6450AE8954D5EA3DB667 2019 2021-01-29 14:40:06Z ROD BIGELOW 600 MUSEUM WAY BENTONVILLE AR 72712 282754347 false X http://www.crystalbridges.org/ X 2004 AR The Museum explores the unfolding history of America by collecting and exhibiting outstanding works of art that illuminate America's artistic heritage. 9 9 446 583 1141374 0 73381377 70951095 1164637 3517670 159225453 36822349 3555246 5834183 237326713 117125297 0 0 0 0 15407702 17122580 0 0 2177746 33584248 34429532 48991950 51552112 188334763 65573185 1262762886 1457220696 144847 181644 1262618039 1457039052 X SEE SCHEDULE O false false 6602978 2913338 In 2019, Crystal Bridges welcomed over 700,000 guests and presented several collection focus shows, and four major exhibitions including Men of Steel, Women of Wonder; Natures Nation: American Art & Environment; Color Field, and Crystals in Art: Ancient to Today. SEE SCHEDULE O FOR A DESCRIPTION OF THE MOST SIGNIFICANT EXHIBITIONS IN 2019. 3630128 1061176 CBMAA offered to the public a variety of educational programs which had over 200,395 attendees in 2019. SEE SCHEDULE O FOR A DESCRIPTION OF EDUCATIONAL PROGRAMS IN 2019. 10030315 176172 Through CBMAA's Collection Care Program, the museum aquires art, manages incoming and outgoing loans of art, provides conservation and maintenance, and other initiatives to continue the preservation of America's most well known art works. SEE SCHEDULE O FOR A DETAILED LIST OF THE COLLECTION CARE ACTIVITIES. 159940 LIBRARY PROGRAM 159940 4150686 20423361 true true false false false false false true false true true true false false false false true false false false true false false false false false false false false true false false false false false false false false true true false false true false false false false true 281 0 true 446 true true true true CA DA UK IS JA KS false false false true true false false false false false false X 9 9 true false false false true true false true true false false true true true true true true true true false AR X TRACY CUDE 4794185726 600 MUSEUM WAY BENTONVILLE AR 72712 ROD BIGELOW EXECUTIVE DIRECTOR 40.0 0.0 X 482497 0 44751 SANDRA EDWARDS DEPUTY DIRECTOR 40.0 0.0 X 334940 0 34137 LIEVEN A BERTELS DIRECTOR - MOMENTARY 40.0 0.0 X 283769 0 17750 TRACY CUDE CHIEF FINANCIAL OFFICER 40.0 0.0 X 240089 0 37989 JILL WAGAR CHIEF STRATEGY OFFICER 40.0 0.0 X 215224 0 37976 MARGARET CONRADS DIRECTOR OF CURATORIAL AFFAIRS 40.0 0.0 X 193310 0 35823 DIANE CARROLL DIRECTOR OF COMMUNICATIONS 40.0 0.0 X 177640 0 26664 SCOTT ECCLESTON DIRECTOR OF OPERATIONS 40.0 0.0 X 173707 0 30506 RONALD L WILLIAMS DIRECTOR, IT SYSTEMS 40.0 0.0 X 133759 0 19365 ALICE L WALTON BOARD DIRECTOR & CHAIRPERSON 7.0 0.0 X 0 0 0 RICHARD D CHAPMAN BD & ASST SEC/TREASURER 1.0 0.0 X 0 0 0 JOHN WILMERDING BOARD DIRECTOR 1.0 0.0 X 0 0 0 JOHN TYSON BOARD DIRECTOR 1.0 0.0 X 0 0 0 C DOUGLAS McMILLON BOARD DIRECTOR 1.0 0.0 X 0 0 0 STEUART WALTON BOARD DIRECTOR 1.0 0.0 X 0 0 0 ELIZABETH GLASSMAN BOARD DIRECTOR 1.0 0.0 X 0 0 0 OLIVIA WALTON BOARD DIRECTOR 1.0 0.0 X 0 0 0 THELMA GOLDEN BOARD DIRECTOR 1.0 0.0 X 0 0 0 2234935 0 284961 9 false true false WHEELER KEARNS ARCHITECTS INC 343 SOUTH DEARBORN STREET SUITE 20 CHICAGO IL 60604 ARCHITECT 684945 FLINTCO LLC 184 FANTINEL DR SPRINGDALE AR 72762 CONSTRUCTION 24682927 CHIHULY iNC 1111 NW 50TH STREET SEATTLE WA 98107 EXHIBITION FEES 3624183 LES STUDIOS MOMENT FACTORY INC 55 WALL STREET NEW YORK NY 10005 EXHIBITION FEES 2011064 FORD AUDIO VISUAL SYSTEMS LLC 4901 STATESMAN DRIVE IRVING TX 75063 AV INTEGRATOR SRVCS. 1479704 28 1581929 69369166 19095365 70951095 REPRODUCTION FEES 712110 5204 5204 PROGRAM REGISTRATION FEES 712110 178539 178539 EXHIBITION FEE REVENUE 712110 961747 961747 TICKET SALES 712110 2349482 2349482 TOURS 712110 22698 22698 3517670 19182926 -419923 19602849 0 0 748560 748560 0 748560 329723 418837 181556877 163917281 174 17639596 -174 17639423 652360 16987063 0 0 0 0 0 0 4477097 1711595 2765502 2289665 475837 SERVICE REVENUE 712110 227421 213158 14263 OTHER INCOME 712110 2092700 2092700 2320121 117125297 8442916 1141374 36589912 0 0 0 0 1341247 260480 956075 124692 0 12795215 2484947 9120775 1189493 0 1938188 413338 1363875 160975 1047930 211028 756479 80423 0 67247 67247 99825 99825 0 0 862325 862325 984048 658521 321027 4500 1118178 82974 1030268 4936 317622 4434 260056 53132 279406 2471 276885 50 0 907880 33396 874484 642075 272085 283332 86658 0 0 525829 525829 0 8416013 8416013 396595 396595 MUSEUM PROCUREMENT EXPENSES 8883515 8883515 REPAIRS AND MAINTENANCE 1267580 179282 1087809 489 EXHIBITION EXPENSES 3977609 3977609 COLLECTION MANANGEMENT 1269205 1269205 4414580 1690076 2252106 472398 51552112 20423361 28951005 2177746 3427221 4302469 5339023 1591534 0 0 42379 1178837 0 0 0 0 0 0 356220 383369 0 0 323498675 67899129 233496364 255599546 423094030 518211323 565804094 644632169 0 0 0 0 31203555 31321449 1262762886 1457220696 144847 181644 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 144847 181644 X 262687362 325864501 999930677 1131174551 1262618039 1457039052 1262762886 1457220696 X 65573185 137269726 -8421898 X false true X true false X 18850653 67782361 26261641 73299880 70878260 257072795 0 0 18850653 67782361 26261641 73299880 70878260 257072795 126394589 130678206 10885773 11984003 14076937 18484919 21624616 77056248 37937 37937 0 334166980 34164298 0.39106 0.41450 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X false 999930677 62647150 164875140 95517509 760907 1131174551 895339641 55606405 77824787 27953568 886588 999930677 769763330 16370274 136825334 26836341 782956 895339641 670098751 63366740 62710293 -1 24931335 1481120 769763330 720232239 14098999 -16192516 46731414 1308558 670098750 0.86100 0.13900 false false 11851649 11851649 277017668 49319301 227698367 26511352 11699210 14812142 8118006 6880618 1237388 255599546 PRIVATE EQUITY 394406234 F EQUITY LONG/SHORT HEDGE FUNDS 222195045 F MULTI-STRATEGY HEDGE FUNDS 28030890 F 644632169 247223993 137269726 -484516 136785210 110438783 6686514 6686514 117125297 49231261 492113 1495873 1987986 47243275 4308837 4308837 51552112 PART III, LINE 1a The Museum's collections are made up of art objects, artifacts of historical significance and rare books. The collections are maintained for public exhibition, education and research in furtherance of public service, rather than for financial gain. Each of the items is cataloged, preserved, and cared for, and activities verifying their existence and assessing their condition are performed. The collections are subject to a policy that requires proceeds from their sales to be used to acquire other items for collections. The museum's collections have been acquired through purchases,contributions, and other acquisitions since the Museum's inception and are not recognized as assets in the accompanying statement of financial position. Purchases of collection items are recorded as decreases in net assets in the year in which the items are acquired. If the assets used to purchase the items were restricted by the donors, the Museum recognizes corresponding net assets released from restriction. Proceeds from deaccessions or insurance recoveries are reflected as increases in the appropriate net asset classes. PART III, LINE 4 The Crystal Bridges art collection offers a superb overview of American art. The galleries include American masterworks and surprising lesser-known gems from the colonial era to today, spanning five centuries of American art. Sculptures grace both interior galleries and outdoor trails. The museums permanent collection galleries are refreshed regularly. New acquisitions and works from the museums vaults are displayed on a rotating basis. In addition, familiar guest favorites and a changing array of special focus groupings and temporary installations of light-sensitive works offer the opportunity for further exploration into art, architecture, and nature. The permanent collection, which continues to grow through a strategic acquisition plan, is on view year-round with no cost for admission. In addition, an annual array of special exhibitions ensures that there is always something new to see at the museum. Guests may also browse selections from the Crystal Bridges permanent collection online through eMuseum, and view gallery highlights via the museums free app, CBMuseum, downloadable to Apple or Android devices. PART V, LINE 4 Below lists the intended uses of Crystal Bridges Museum of American Art's("CBMAA") temporary and permanent endowment funds: Operations Endowment Provides funds for recurring and annual expenses that are ordinary and necessary to operate Grantee for its purpose as a public art museum, including the purchase of new or replacement furnishings or equipment that is not fixed equipment. Permitted expenditures include operating expenses for staffing, permanent exhibitions, temporary exhibitions drawn primarily for the permanent collection regular programs, marketing and communications, routine facilities and grounds maintenance, utilities, and other common operating needs. Collections, Acquisition, and Care Endowment Provides funds for the acquisition of works for Grantees art collection and library, and also supports the conservation and care of works within Grantees collection. These works might include paintings, sculpture, prints, illustrated and rare books and manuscripts, decorative arts objects, photographs, other new media works and commissioned works of art. Building Endowment Provides funds for the acquisition, major repair, renovation and replacement of buildings, structures, fixtures and fixed equipment. The endowment supports the purchase of new and renovation of existing capital assets and/or enhancements that improve or extend the life of existing capital assets. Walker School Programs Endowment Provides funds to the School Visit Program, specifically to defray the following costs to schools participating in museum programs: transportation, lunches or snacks for participants, and compensation for the participating drivers and required substitute teachers. In addition, the endowment fund may also support the development of educational materials to enhance the School Visit Program. Walmart Admissions Endowment Provides funds to underwrite entrance to the permanent collection galleries to all visitors without an admission fee. Tyson Scholars Endowment Provides funds to support a research/residency program at CBMAA for museum and academic professionals in a variety of disciplines from throughout the world. This program will provide professional development, mentorship, and the exchange of ideas across historical periods and disciplines. Shewmaker Endowment Provides funds to support the programmatic needs of the Education Studio program. McMillon Family Classroom Learning Endowment Provides funding to initiatives that connect CBMAA collections, exhibitions, and the arts to student learning in the classroom. This may include but is not limited to the following: curriculum in print and digital format; museum educators in the classroom; and distance learning initiatives. Next Generation Fund Art for All Endowment Provides funding for various initiatives across departments and disciplines. Each initiative receiving funding would be an approved part of the annual operating budget. The fund will support innovative programs, special initiatives, and ongoing operating programs. Gift use will be based on programs having: 1) great need, but limited resources and 2) meaningful impact. Next Generation Fund Grounds/Trails and Sustainability Endowment Fund Provides funds for expenses that are necessary to develop and maintain the Museums grounds and trails and to ensure a sustainable environment surrounding the museums. Permitted expenditures include expenses for staffing; activities associated with landscape development; rejuvenation or improvement; trail maintenance; pond and stream maintenance; didactic materials and program offerings to enhance visitor experiences; and projects associated with enhancing the sustainability efforts of the museum. Next Generation Fund Collections Augments the WFF Collection endowment by supporting the care and maintenance of specific works of art and architecture; including the Buckyball sculpture and the Frank Lloyd Wright house. Windgate Education Endowment Provides funds specifically to develop creative solutions using art, art museums, and artists that address educational challenges facing our nations schools. CBMAA will serve as a national hub to drive and coordinate system level changes that address issues facing PreK-12 schools in the areas of quality education, equitable access to the arts, readiness to learn, and workforce skills. Van Cliburn Concert Series Endowment Provides funds for expenses necessary in developing, promoting, and staging the Van Cliburn Concert Series produced by CBMAA and in maintaining the Van Cliburn piano. PART XI, LINE 2d Amounts reported on the Audit but not on Form 990: VALUE OF DONATED SERVICES: $ 492,113 EXPENSE NET WITH REVENUE ON AUDIT: $(976,629) TOTAL $(484,516) PART XI, LINE 4b ADJUSTMENTS TO INCOME PER AUDITED FINANCIAL STATEMENTS: VALUE OF ART DONATIONS: $1,266,750 EXPENSE NOT NET WITH REVENUE ON AUDIT: $(1,711,595) CASH BASIS ADJUSTMENT: $(3,282,923) BOOK/TAX DIFFERENCE FROM INVESTMENTS: $10,414,282 TOTAL INCREASE (DECREASE) TO INCOME: $6,686,514 PART XII, LINE 2d Amounts reported on the Audit but not on Form 990: EXPENSE NOT NET WITH REVENUE ON AUDIT: $1,495,873 TOTAL $1,495,873 PART XII, LINE 4b ADJUSTMENTS TO EXPENSE PER AUDITED FINANCIAL STATEMENTS: INCREASED PROCUREMENT EXPENSE: $ 1,266,750 EXPENSES NET WITH REVENUE ON AUDIT: $ 760,907 CASH BASIS ADJUSTMENT: $ 288,797 BOOK/TAX DIFFERENCE FROM INVESTMENTS: $ 1,992,383 TOTAL INCREASE TO EXPENSE: $ 4,308,837 Central America and the Caribbean Investments 253026366 East Asia and the Pacific Investments 46519108 Europe (Including Iceland and Greenland) Investments 19888937 Middle East and North Africa Investments 309083 North America Investments 16602825 Russia and the Newly Independent States Investments 111555 South America Investments 433865 336891739 336891739 true false true true true false X X X X false false false false false false false false false TRACY CUDE CHIEF FINANCIAL OFFICER 240089 23616 14373 278078 ROD BIGELOW EXECUTIVE DIRECTOR 482497 27700 17051 527248 SANDRA EDWARDS DEPUTY DIRECTOR 334940 27700 6437 369077 JILL WAGAR CHIEF STRATEGY OFFICER 215224 21612 16364 253200 SCOTT ECCLESTON DIRECTOR OF OPERATIONS 173707 17082 13424 204213 MARGARET CONRADS DIRECTOR OF CURATORIAL AFFAIRS 193310 19567 16256 229133 DIANE CARROLL DIRECTOR OF COMMUNICATIONS 177640 17568 9096 204304 LIEVEN A BERTELS DIRECTOR - MOMENTARY 283769 11200 6550 301519 RONALD L WILLIAMS DIRECTOR, IT SYSTEMS 133759 13435 5930 153124 X 15 1266750 INSURANCE VALUE X 22584 APPRAISAL X 44699 COST X 4 17547416 HIGH/LOW AVG NYSE X 2 6815 COST X VIDEO CONFERENCE EQUIPMENT 1 5397 REPLACEMENT COST X CLEANING SUPPLIES 1 1704 COST 4 false true false FORM 990, PART III, LINE 1 - ORGANIZATION'S MISSION Crystal Bridges Museum of American Art("CBMAA") welcomes all to celebrate the American Spirit in a setting that unites the power of art with the beauty of nature. CBMAA explores the unfolding story of America by actively collecting, exhibiting, interpreting and preserving outstanding works of art that illuminates America's heritage and artistic possibilites. FORM 990, PART III, LINE 4A - DESCRIPTION OF PROGRAM SERVICE Men of Steel, Women of Wonder was organized by Crystal Bridges. A diverse group or artists featured in this exhibition used the iconic figures of Wonder Woman and Super Man to unpack subjects such as race, class, and gender in 85 artworks. The exhibition travelled to two additional museums. Natures Nation: American Art & Environment was curated and organized by Princeton University Museum. It featured 100+ artworks created by American artists over 300 years, addressing human impact on our environment. Color Field, located in the museums North Forest, was the first outdoor sculpture exhibition curated by Crystal Bridges. Inspired by Color Field painting, the 20+ large-scale works in this exhibition explored the scientific and emotional aspects of color. The exhibition was accompanied by a music experience, and travelled to two additional museums. Crystals in Art: Ancient to Today was organized by Crystal Bridges. This interdisciplinary exhibition was inspired by Arkansas rich deposits of quartz crystal. It included 10+ mineral specimens alongside a diverse array of 70+ artworks with thematic or physical connections to the mineral. The exhibition presented works from around the globe, and across time periods from the ancient world to the present. FORM 990, PART III, LINE 4B - DESCRIPTION OF PROGRAM SERVICE Classes and Workshops are offered for all ages and varying skill levels, and include summer camps, after school art programs, figure drawing, and a variety of workshops in media such as painting, sculpture, printmaking, and multimedia, in addition to nature topics. Attendance = 3,391 Drop-In programs are non-ticketed, and planned primarily for multigenerational audiences. These include large-scale events such as Light Night, Garden Party, Trick Art Treat and Art Night Out, as well as drop-in artmaking on the weekends, school break programming, and monthly Preschool Playdates. Attendance = 58,364 Film, Performance & Evening events are primarily targeted toward college and adult audiences, and include multidisciplinary arts such as music, theatre, dance and film. Attendance = 11,494 Lectures and Talks include gallery conversations, nature talks, panel discussions, exhibition lectures, architecture speakers and our Distinguished Speaker Series. Attendance = 4,692 Our School Visit program serves K-12 and college students, onsite and online, and aligns with curriculum. Attendance = 53,012 Teacher Professional Development programs offer continuing education credits through a variety of offerings, including Saturday Sessions, Summer Institutes and Evening for Educators. Attendance = 1,442 Access and Inclusive programs primarily serve English Language Learners and individuals with disabilities. Examples include Family Access Night, Alzheimers programming, literacy council programs and summer camp for children on the autism spectrum. Attendance = 2,302 Tours include daily offerings of guided tours featuring the museums collection and architecture, as well as tours provided for youth organizations. Guide training is provided for these offerings monthly. Attendance = 23,535 Community Engagement offerings in 2019 included providing classes, camps and artmaking opportunities offsite, in collaboration with community partners, including the Bentonville Community Center, the Botanical Gardens of the Ozarks and Open Avenues. Attendance = 18,628 FORM 990, PART III, LINE 4C - COLLECTION CARE PROGRAM ACTIVITES In 2019, CBMAA acquired 70 works of art. By classification 39 photographs, 10 sculptures, 9 paintings, 4 mixed media, 3 installation artworks, 2 prints, 1 textile, 1 drawing, and 1 watercolor were acquired. In 2019, CBMAA borrowed 386 artworks/objects from 119 separate lenders. CBMAA loaned 32 objects to 15 special exhibitions appearing at 19 institutions during 2019. Exhibition venues included 12 states and 2 foreign countries. Conservation continued during 2019 through the following efforts: Paintings conservator conducted treatments and examinations of 95 paintings over 3 visits to the museum. Objects conservator conducted treatments and examinations of 45 sculptures over 2 visits to the museum. Works on paper conservator examined 81 works on paper on site at the museum. Luis Jimenez, Eagle (2011.31) was treated off-site by a conservator in Ohio. Lefevre James Cranstone, Richmond Slave Market Auction (2018.8) was treated off-site by a conservator in Texas. Repair and maintenance of George Rickey, One Fixed Four Jointed Lines (2009.15) was performed by the artists estate. Staff conducted regular cleaning and maintenance of 35 artworks installed outdoors. At years end, our online collection provided access to 74% of the collection (2,741 artworks) to the public through our website. FORM 990, PART VI, SECTION A, LINE 2 FAMILY AND BUSINESS RELATIONSHIPS: STEUART WALTON, A BOARD DIRECTOR AND OLIVIA WALTON, A BOARD DIRECTOR HAVE A FAMILY RELATIONSHIP. RICHARD D. CHAPMAN, A BOARD DIRECTOR AND ALICE L. WALTON A BOARD DIRECTOR AND CHAIRPERSON HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 ORGANIZATION MEMBERS CBMAA HAS NONVOTING MEMBERS AND VOTING MEMBERS. NONVOTING MEMBERS ARE MEMBERS OF THE PUBLIC WHO JOIN CBMAAA BY PAYING A MEMBERSHIP FEE AND, IN RETURN, RECEIVE FREE ADMISSION TO CBMAA EXHIBITIONS AND OTHER SPECIAL EVENTS, THE CBMAA MAGAZINE, AND OTHER CBMAA-RELATED ITEMS. CBMAA ALSO HAS A CLASS OF VOTING MEMBERS (SEE RESPONSE TO LINE 7A BELOW). FORM 990, PART VI, SECTION A, LINE 7A VOTING MEMBERS VOTING MEMBERS HAVE THE POWER TO ELECT CBMAA'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B AFTER PREPARATION OF THE FORM 990 HAS BEEN COMPLETED, THE FORM IS SUBMITTED TO CBMAA'S EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER FOR THEIR REVIEW. AFTER REVIEW BY THESE CBMAA OFFICERS, THE FORM IS SUBMITTED TO THE BOARD OF DIRECTORS FOR REVIEW AND ANY QUESTIONS. FORM 990, PART VI, SECTION B, LINE 12C On an annual basis, each CBMAA director must complete a conflicts of interest statement and disclose any existing or potential conflicts of interest with any organization or individual. During a new staff orientation and on an annual basis thereafter, all CBMAA staff members are required to review the conflict of interest policy and disclose any potential conflicts of interest evidenced by their signature on the form. Any forms indicating a potential or disclosure of a conflict of interest are forwarded to the executive director for review and further investigation. FORM 990, PART VI, SECTION B, LINE 15A & B Prior to hiring individuals for CBMAA officer and key staff positions, the CBMAA Governance Committee reviews market research, including independent salary data for comparable positions. The determination of compensation for these individuals is based on this data as well as an internal equity analysis. Annual performance reviews are required for all employees. Merit raises are based on the results of performance. FORM 990, PART VI, SECTION C, LINE 19 CBMAAs form 990 is available to the public at guidestar.org. CBMAAs certificate of incorporation is available to the public via the Delaware Secretary of State database. FORM 990, PART XI, LINE 9 - RECONCILIATION OF NET ASSETS OTHER CHANGES IN NET ASSETS OR FUND BALANCE: BOOK/TAX DIFFERENCES IN INVESTMENT: $(8,421,898) OTHER DIFFERENCES: $-0- TOTAL OTHER CHANGES IN FUND BALANCE: $(8,421,898) GAE LLC 600 MUSEUM WAY BENTONVILLE AR 72712 BUY/HOLD ART DE 0 1165238