WALKER ART CENTER INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- WALKER ART CENTER INC (EIN 41-0693929)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2012-12-21
- IRS object ID
- 201243569349300904
- Schema version
- 2011v1.3
- 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
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule G
- Schedule J
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-12-21T10:28:08-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4200 Wells Fargo Ctr 90 S 7th | AddressLine1 |
| City | Minneapolis | City |
| State | MN | State |
| ZIP Code | 55402 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410693929 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Walker Art Center | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % MARY POLTA | InCareOfName |
| Name Control | WALK | NameControl |
| Phone | 6123757647 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1750 Hennepin Avenue | AddressLine1 |
| City | Minneapolis | City |
| State | MN | State |
| ZIP Code | 55403 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARY POLTA | Name |
| Title | CFO | Title |
| Date Signed | 2012-12-21 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6123055000 | Phone |
| Date Prepared | 2012-12-10 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 31745319 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.walkerart.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1946 | YearFormation |
| State Legal Domicile | MN | StateLegalDomicile |
| Activity Or Mission Description | Walker Art Center is a catalyst for the creative expression of artists and the active engagement of audiences that examines the questions that shape and inspire us as individuals, cultures and communities. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 50 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 50 | NbrIndependentVotingMembers |
| Total Nbr Employees | 217 | TotalNbrEmployees |
| Total Nbr Volunteers | 150 | TotalNbrVolunteers |
| Total Gross UBI | -2800 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -2800 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 14122799 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 17707710 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 2224900 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 2342053 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1751378 | InvestmentIncomePriorYear |
| Investment Income Current Year | 713477 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 310345 | OtherRevenuePriorYear |
| Other Revenue Current Year | 570911 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 18409422 | TotalRevenuePriorYear |
| Total Revenue Current Year | 21334151 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 8030540 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 8381493 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 5750 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1148092 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 14214270 | OtherExpensePriorYear |
| Other Expenses Current Year | 15140250 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 22250560 | TotalExpensesPriorYear |
| Total Expenses Current Year | 23521743 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -3841138 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -2187592 | RevenuesLessExpensesCY |
| Total Assets BOY | 268255774 | TotalAssetsBOY |
| Total Assets EOY | 248857041 | TotalAssetsEOY |
| Total Liabilities BOY | 25284844 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 10609866 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 242970930 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 238247175 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | WALKER ART CENTER IS A CATALYST FOR THE CREATIVE EXPRESSION OF ARTISTS AND THE ACTIVE ENGAGEMENT OF AUDIENCES THAT EXAMINES THE QUESTIONS THAT SHAPE AND INSPIRE US AS INDIVIDUALS, CULTURES AND COMMUNITIES. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 5405655 | Expense |
| Revenue | 985596 | Revenue |
| Description | Exhibitions of paintings, sculpture, prints photography and new media with an emphasis on contemporary art. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2388820 | Expense |
| Revenue | 242581 | Revenue |
| Description | Performing Arts: Presentation of various performances including dance, music and theater. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3709662 | Expense |
| Description | Art acquisitions: Addition of art works to the permananet collections for public viewing. | Description |
Activity Other ActivityOther (8 entries)
| ExpenseExpense | RevenueRevenue | DescriptionDescription |
|---|---|---|
| 2049105 | 56786 | Education |
| 1992582 | 721790 | Sculpture Garden Programming |
| 168019 | Art Maintenance Expense | |
| 94687 | Facility Expansion/Campus Planning | |
| 613354 | 83592 | Program Support |
| 249367 | Art Interns | |
| 317843 | New Media Initiatives | |
| 944037 | 251708 | Film |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 6428994 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 1113876 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 17933131 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | true | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | true | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 197 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 217 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | true | ForeignFinancialAccount |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 50 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 50 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MN | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MARY POLTA | NamePerson |
| Telephone Number | 6123757647 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1750 HENNEPIN AVENUE | AddressLine1 |
| City | Minneapolis | City |
| State | MN | State |
| ZIP Code | 55403 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (58 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Institutional TrusteeInstitutionalTrustee | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| Deborah Hopp | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Mark Addicks | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Ralph W Burnet | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Patrick Denzer | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| John Christakos | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Karen Heithoff | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Richard B Hirst | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Jeanne S Levitt | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Carol Bemis | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| David Moore Jr | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Joan Nolan | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Mary Pappajohn | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Richard Payne | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Tom Crosby | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Shawn Gensch | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Brian Pietsch | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Donna Pohlad | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Sue Burke | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Elizabeth Redleaf | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Peter C Remes | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Mark Greene | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Rebecca Pohlad | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| John R Thompson | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Chris Roberts | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Lynn Carlson Schell | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Anne Labovitz | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Audrey Wilf | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Frank S Wilkinson Jr | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Ann Hatch | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Kathleen S Roeder | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Adrian Walker | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Brooks Walker Jr | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Jean Walker Lowell | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Elaine B Walker | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Lindsey Walker | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Muffy MacMillan | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Chris Killingstad | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Monica Nassif | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Dawn Owens | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Belva Rasmussen | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Mike Sweeney | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| James Thomas | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Ann Cadwalader | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Wim Stocks | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| John Thomson | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Tom Wicka | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| Teresa Rasmussen | ||||||||
| Public Member | 1.0 | X | 0 | 0 | 0 | |||
| James G Dayton | ||||||||
| Vice-President | 1.0 | 0 | 0 | 0 | X | |||
| Andrew Duff | ||||||||
| President | 1.0 | 0 | 0 | 0 | X | |||
| Marjorie Weiser | ||||||||
| Vice-President | 1.0 | 0 | 0 | 0 | X | |||
| Mary Polta | ||||||||
| CFO Non voting Board Treasurer | 35.0 | 141980 | 0 | 14148 | X | |||
| Olga Viso | ||||||||
| Exec Dir & Non-voting Bd Secre | 35.0 | 404794 | 0 | 24324 | X | |||
| Christopher Stevens | ||||||||
| Chief of Development and Fin. | 35.0 | 165666 | 0 | 18508 | X | |||
| Philip Bither | ||||||||
| Sr Curator Performing Arts | 35.0 | 123814 | 0 | 15382 | X | |||
| Phillip Bahar | ||||||||
| Chief Operations and Admin. | 35.0 | 135207 | 0 | 16842 | X | |||
| Andrew Blauvelt | ||||||||
| CHIEF OF COMMUNICATIONS | 35.0 | 140843 | 0 | 14335 | X | |||
| Darsie Alexander | ||||||||
| Chief Curator | 35.0 | 151024 | 0 | 11617 | X | |||
| Kathy Halbreich | ||||||||
| Former Director | 0.0 | 329138 | 0 | 0 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1592466 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 115156 | TotalOtherCompensation |
| Number Individuals GT100 K | 9 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (4 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| COMMON SENSE BUILDING SERVICES INC | |||||
| 1300 GODWARD ST NE | MINNEAPOLIS | MN | 55413 | CONTACTED SERVICE | 1286254 |
| DAMICO CATERING INC | |||||
| 211 N FIRST STREET | MINNEAPOLIS | MN | 55401 | CATERING | 314669 |
| OTIS ELEVATOR COMPANY | |||||
| PO BOX 73579 | CHICAGO | IL | 60673 | ELEVATOR SERVICE | 181759 |
| EGAN COMPANY | |||||
| PO BOX 1150-27 | MINNEAPOLIS | MN | 55480 | BUILDING MAINTENANCE | 136179 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 4 | NumberOfContractorsGT100K |
| Membership Dues | 355682 | MembershipDues |
| Fundraising Events | 254702 | FundraisingEvents |
| Government Grants | 866048 | GovernmentGrants |
| All Other Contributions | 16231278 | AllOtherContributions |
| Noncash Contributions | 331962 | NoncashContributions |
| Total Contributions | 17707710 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| EVENT ADMISSIONS | 711190 | 1191544 | 1191544 |
| MUSEUM ADMISSIONS | 713990 | 348435 | 348435 |
| COSPONSOR FEES | 711190 | 91555 | 91555 |
| EXHIBITION RENTAL FEES | 713990 | 139150 | 139150 |
| EXHIBITION CATALOG DISTRIBUTION | 713990 | 122437 | 122437 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 448932 | TotalRevenueColumn |
| Related Or Exempt Function Income | 448932 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 2342053 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 257783 | TotalRevenueColumn |
| Exclusion | $257,783 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 621 | TotalRevenueColumn |
| Related Or Exempt Function Income | 621 | RelatedOrExemptFunctionIncome |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 1213743 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 815699 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 398044 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 398044 | TotalRevenueColumn |
| Related Or Exempt Function Income | 73076 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 5177 | UnrelatedBusinessRevenue |
| Exclusion | $319,791 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 8899280 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 8443586 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 455694 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 455694 | TotalRevenueColumn |
| Exclusion | $455,694 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 109058 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 254702 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 125854 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -16796 | TotalRevenueColumn |
| Exclusion | -$16,796 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 1097118 | GrossSalesOfInventory |
| Cost Of Goods Sold | 1026029 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 71089 | TotalRevenueColumn |
| Related Or Exempt Function Income | 79066 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -7977 | UnrelatedBusinessRevenue |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TICKET SERVICE CHARGES | 713110 | 44591 | 44591 |
| CLASS ACTION/LITIGATION SETTLEMENTS | 900099 | 10628 | 10628 |
| RESTAURANT EQUIPMENT AMORITIZATION | 541800 | 32477 | 32477 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 30257 | TotalRevenueColumn |
| Related Or Exempt Function Income | 30257 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 117953 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 21334151 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2612769 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -2800 | UnrelatedBusinessRevenue |
| Exclusion | $1,016,472 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 632882 | Total |
| Program Services | 235653 | ProgramServices |
| Management And General | 397229 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6678089 | Total |
| Program Services | 4642519 | ProgramServices |
| Management And General | 1310506 | ManagementAndGeneral |
| Fundraising | 725064 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 337745 | Total |
| Program Services | 245203 | ProgramServices |
| Management And General | 92542 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 386157 | Total |
| Program Services | 280350 | ProgramServices |
| Management And General | 105807 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 346620 | Total |
| Program Services | 251646 | ProgramServices |
| Management And General | 94974 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 57387 | Total |
| Program Services | 13122 | ProgramServices |
| Management And General | 44265 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 94525 | Total |
| Management And General | 94525 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 74350 | Total |
| Management And General | 74350 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3253956 | Total |
| Program Services | 3025818 | ProgramServices |
| Management And General | 178830 | ManagementAndGeneral |
| Fundraising | 49308 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 646372 | Total |
| Program Services | 616981 | ProgramServices |
| Management And General | 5907 | ManagementAndGeneral |
| Fundraising | 23484 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 877640 | Total |
| Program Services | 688482 | ProgramServices |
| Management And General | 155038 | ManagementAndGeneral |
| Fundraising | 34120 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35916 | Total |
| Program Services | 25489 | ProgramServices |
| Management And General | 10427 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 857 | Total |
| Program Services | 857 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 460426 | Total |
| Program Services | 346516 | ProgramServices |
| Management And General | 113910 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 469404 | Total |
| Program Services | 373808 | ProgramServices |
| Management And General | 50114 | ManagementAndGeneral |
| Fundraising | 45482 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19894 | Total |
| Program Services | 13219 | ProgramServices |
| Management And General | 6605 | ManagementAndGeneral |
| Fundraising | 70 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 70428 | Total |
| Program Services | 52846 | ProgramServices |
| Management And General | 17582 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2790662 | Total |
| Program Services | 1722766 | ProgramServices |
| Management And General | 1067896 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 148106 | Total |
| Program Services | 104501 | ProgramServices |
| Management And General | 43605 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| ART ACQUISITIONS | 3709662 | 3709662 | ||
| HOSPITALITY | 466507 | 252693 | 65092 | 148722 |
| EQUIPMENT MAINTENANCE AND RENT | 559071 | 156732 | 399112 | 3227 |
| PRINTING AND PUBLICATIONS | 392470 | 307643 | 5195 | 79632 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1012617 | Total |
| Program Services | 866625 | ProgramServices |
| Management And General | 107009 | ManagementAndGeneral |
| Fundraising | 38983 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23521743 | Total |
| Program Services | 17933131 | ProgramServices |
| Management And General | 4440520 | ManagementAndGeneral |
| Fundraising | 1148092 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1264140 | BOY |
| EOY | 1009849 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22133799 | BOY |
| EOY | 13958995 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6190548 | BOY |
| EOY | 3193665 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 393698 | BOY |
| EOY | 365436 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 136667 | BOY |
| EOY | 96667 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 528131 | BOY |
| EOY | 563510 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 237195 | BOY |
| EOY | 223398 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 96465445 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 31671614 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 66216856 | BOY |
| EOY | 64793831 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 170733921 | BOY |
| EOY | 164513409 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 420819 | BOY |
| EOY | 138281 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 268255774 | BOY |
| EOY | 248857041 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2248211 | BOY |
| EOY | 1986907 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 879244 | BOY |
| EOY | 1032452 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11425000 | BOY |
| EOY | 0 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4199000 | BOY |
| EOY | 1327000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6533389 | BOY |
| EOY | 6263507 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25284844 | BOY |
| EOY | 10609866 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 86160760 | BOY |
| EOY | 85019064 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 79963047 | BOY |
| EOY | 81024708 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 76847123 | BOY |
| EOY | 72203403 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 242970930 | BOY |
| EOY | 238247175 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 268255774 | BOY |
| EOY | 248857041 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -2187592 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -2536163 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 21831912 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 16235096 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 14489770 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 15543604 | CurrentTaxYearMinus1Year |
| Current Tax Year | 20857801 | CurrentTaxYear |
| Total | 88958183 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 21831912 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 16235096 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 14489770 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 15543604 | CurrentTaxYearMinus1Year |
| Current Tax Year | 20857801 | CurrentTaxYear |
| Total | 88958183 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 11969572 | AmountsSubstContributorsTotal |
| Public Support Total170 | 76988611 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2885387 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2312448 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1358094 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1496764 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1499221 | CurrentTaxYear |
| Total | 9551914 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 957543 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 889889 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 179785 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 85426 | CurrentTaxYearMinus1Year |
| Current Tax Year | 117953 | CurrentTaxYear |
| Total | 2230596 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 100740693 | TotalSupport |
| Gross Receipts From Admissions Etc | 14963060 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.76423 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.76698 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 34398 | FilingOrganizationsTotals |
Total Direct Lobbying TotalDirectLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 39952 | FilingOrganizationsTotals |
Total Lobbying Expenditures TotalLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 74350 | FilingOrganizationsTotals |
Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 23447393 | FilingOrganizationsTotals |
Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 23521743 | FilingOrganizationsTotals |
Lobbying Nontaxable LobbyingNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 1000000 | FilingOrganizationsTotals |
Grassroots Nontaxable GrassrootsNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 250000 | FilingOrganizationsTotals |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Lobbying Grassroot Minus Non Tx | TotLobbyingGrassrootMinusNonTx | |
| Tot Lobby Expend Mns Lobbying Nontx | TotLobbyExpendMnsLobbyingNontx | |
| Form4720 Filed | false | Form4720Filed |
Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 1000000 | CurrentYearMinus3 |
| Current Year Minus2 | 1000000 | CurrentYearMinus2 |
| Current Year Minus1 | 1000000 | CurrentYearMinus1 |
| Current Year | 1000000 | CurrentYear |
| Total | 4000000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmount |
Total Lobbying Expenditures2 TotalLobbyingExpenditures2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 57966 | CurrentYearMinus3 |
| Current Year Minus2 | 99640 | CurrentYearMinus2 |
| Current Year Minus1 | 45599 | CurrentYearMinus1 |
| Current Year | 74350 | CurrentYear |
| Total | 277555 | Total |
Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 250000 | CurrentYearMinus3 |
| Current Year Minus2 | 250000 | CurrentYearMinus2 |
| Current Year Minus1 | 250000 | CurrentYearMinus1 |
| Current Year | 250000 | CurrentYear |
| Total | 1000000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmount |
Grassroots Lobbying Expenditures GrassrootsLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 54989 | CurrentYearMinus3 |
| Current Year Minus2 | 36773 | CurrentYearMinus2 |
| Current Year Minus1 | 39049 | CurrentYearMinus1 |
| Current Year | 34398 | CurrentYear |
| Total | 165209 | Total |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
| Solicited Assets For Sale | true | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 152266156 | BeginningOfYearBalance |
| Contributions | 2250000 | Contributions |
| Investment Earnings Or Losses | 2997455 | InvestmentEarningsOrLosses |
| Other Expenditures | 7690425 | OtherExpenditures |
| End Of Year Balance | 149823186 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 134362420 | BeginningOfYearBalance |
| Contributions | 661540 | Contributions |
| Investment Earnings Or Losses | 24907228 | InvestmentEarningsOrLosses |
| Other Expenditures | 7665032 | OtherExpenditures |
| End Of Year Balance | 152266156 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 129288635 | BeginningOfYearBalance |
| Contributions | 994443 | Contributions |
| Investment Earnings Or Losses | 11667361 | InvestmentEarningsOrLosses |
| Other Expenditures | 7588019 | OtherExpenditures |
| End Of Year Balance | 134362420 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 161389615 | BeginningOfYearBalance |
| Contributions | 3951242 | Contributions |
| Investment Earnings Or Losses | -28362971 | InvestmentEarningsOrLosses |
| Other Expenditures | 7689251 | OtherExpenditures |
| End Of Year Balance | 129288635 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.19000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.34000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.47000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | true | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 10288092 | OtherCostOrOtherBasis |
| Book Value | 10288092 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 73797658 | OtherCostOrOtherBasis |
| Depreciation | 27815216 | Depreciation |
| Book Value | 45982442 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 8080802 | OtherCostOrOtherBasis |
| Depreciation | 1950538 | Depreciation |
| Book Value | 6130264 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 4298893 | OtherCostOrOtherBasis |
| Depreciation | 1905860 | Depreciation |
| Book Value | 2393033 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildings | |
| Total Of Book Value Land Buildings | 64793831 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| HEDGE FUNDS | 1476359 | F |
| BENEFICIAL INTEREST IN TRUST | 21174378 | F |
| INVESTMENTS HELD BY OTHERS | 141862672 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 164513409 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DEFERRED CHARGE | $123,454 |
| SPECIAL ASSESSMENT LIABILITY | $5,565,372 |
| ASSET RETIREMENT OBLIGATION | $572,855 |
| DISCOUNT ON HOUSING LOAN TO OFFICER | $1,826 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 6263507 | TotalOfAmounts |
| Total Revenue | 21334151 | TotalRevenue |
| Total Expenses | 23521743 | TotalExpenses |
| Excess Or Deficit For Year | -2187592 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 338843 | NetUnrealizedGLOnInvestments |
| Other | -$2,875,006 | OtherAmount |
| Total Adjustments | -2536163 | TotalAdjustments |
| Excess Or Deficit Per FS | -4723755 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 21707425 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 338843 | NetUnrealizedGainsInvestments |
| Other Revenues | -735424 | OtherRevenues |
| Revenue Not Rptd F990 | -396581 | RevenueNotRptdF990 |
| Revenue Subtotal | 22104006 | RevenueSubtotal |
| Investment Expenses Not Included | -769855 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -769855 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 21334151 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 26431180 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 2139582 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 2139582 | ExpensesNotRptdF990 |
| Expenses Subtotal | 24291598 | ExpensesSubtotal |
| Investment Expenses Not Included2 | -769855 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | -769855 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 23521743 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Part III-Art Collection | Question 1a Works of art in the Walker's collection are not recognized as assets on the statement of financial position. Purchases of artwork are recorded as decreases in unrestricted net assets in the year in which the items are acquired. If a donor makes a contribution intended to fund the subsequent purchase of artwork, the contribution is recorded as a temporarily restricted net asset. Contributions of works of art are not reflected on the financial statements. Question 4 The Walker has an internationally acclaimed collection of modern and contemporary visual art, which grows each year through new acquisitions and now includes more than 11,000 works. The collection spans a diverse range of media that includes painting, sculpture, film, video, photography and works on paper. These diverse holdings reflect the Walker's unique multidisciplinary offerings in the visual, performing and media arts of our time. They provide a document of the cultural, historical and social issues that have animated the arts of the past half-century. | |
| Part V-Endowment Use | Question 4 Walker's endowment provides an essential source of financial support which enables the organization to carry out its mission of being a catalyst for the creative expression of artists and the active engagement of audiences that examines the questions that shape and inspire us as individuals, cultures and communities. It is the key financial driver for the Walker's artistic excellence and stature in the contemporary arts field, providing resources for programming challenging and innovative work. Part X Question 2 The Walker's accounting policy provides that a tax expense or benefit from an uncertain tax position may be recognized when it is more likely than not that the position will be sustained upon examination, including resolutions of any related appeals or litigation processes, based on the technical merits. The Walker has no uncertain tax positions resulting in an accrual of tax expense or benefit. Part XI-Reconciliation of Change in Net Assets (2,875,006) Adjustment for Prior Period Pledges | |
| Part XII-Reconciliation of Revenues | 815,699 Part VIII Line 6b 125,854 Part VIII Line 8b 1,026,029 Part VIII Line 10b 172,000 Defaulted Pledges (2,875,006) less adjustment prior period pledges ----------- (735,424) | Part XII-Other Revenue |
| Part XIII-Reconciliation of Expenses | 815,699 Part VIII Line 6b 125,852 Part VIII Line 8b 1,026,029 Part VIII Line 10b 172,000 Defaulted Pledges ------------ 2,139,582 | Part XIII-Other Expenses |
Schedule G IRS990ScheduleG
Fundraiser Activity Information FundraiserActivityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Individual | NA this year | NameOfIndividual |
| Fundraiser Control Of Funds | false | FundraiserControlOfFunds |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Gala-Dinner | NameOfEvent1 |
| Gross Receipts Event1 | 263000 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 177812 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 85188 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 15734 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 59774 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 10000 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 26226 | OtherDirectExpensesEvent1 |
| Name Of Event2 | Gala-Auction | NameOfEvent2 |
| Gross Receipts Event2 | 100760 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 76890 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 23870 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 14120 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 0 | TotalNumberOfOtherEvents |
| Gross Receipts Total | 363760 | GrossReceiptsTotal |
| Charitable Contributions Total | 254702 | CharitableContributionsTotal |
| Gross Revenue Total Events | 109058 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 15734 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 59774 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 10000 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 40346 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 125854 | DirectExpenseSummaryEvents |
| Net Income Summary | -16796 | NetIncomeSummary |
Address Of Gaming Rec Keeper US AddressOfGamingRecKeeperUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1750 Hennepin Avenue | AddressLine1 |
| City | Minneapolis | City |
| State | MN | State |
| ZIP Code | 55403 | ZIPCode |
Form990 Schedule G Part IV Form990ScheduleGPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SUPPLEMENTAL INFORMATION REGARDING FUNDRAISING | Identifier |
| Explanation | THE WALKER ART CENTER FALL 2011 GALA, FANTASICAL FETE, GENERATED TOTAL INCOME OF $371,760 FROM SPONSORSHIPS, CONTRIBUTIONS, TICKET INCOME AND HAD DIRECT OUT OF POCKET EXPENSES OF $125,854 NETTING THE INSTITUTION $245,906. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (7 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mary Polta | |||||||||||||
| 141980 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14148 | 0 | 156128 | 0 | 67500 | 0 |
| Olga Viso | |||||||||||||
| 357883 | 0 | 0 | 0 | 46911 | 0 | 0 | 0 | 24324 | 0 | 429118 | 0 | 169379 | 0 |
| Christopher Stevens | |||||||||||||
| 165666 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18508 | 0 | 184174 | 0 | 90257 | 0 |
| Phillip Bahar | |||||||||||||
| 135207 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16842 | 0 | 152049 | 0 | 72750 | 0 |
| Andrew Blauvelt | |||||||||||||
| 140358 | 0 | 0 | 0 | 485 | 0 | 0 | 0 | 14335 | 0 | 155178 | 0 | 67569 | 0 |
| Darsie Alexander | |||||||||||||
| 151024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11617 | 0 | 162641 | 0 | 72750 | 0 |
| Kathy Halbreich | |||||||||||||
| 0 | 0 | 0 | 0 | 329138 | 0 | 0 | 0 | 0 | 0 | 329138 | 0 | 329138 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Salary | Identifier |
| Explanation | IN CALENDAR YEAR 2011 EXECUTIVE DIRECTOR OLGA VISO'S COMPENSATION IS REPORTED AS NET EXPENSE AFTER A VOLUNTARY $33,750 SALARY REDUCTION. IN CALENDAR YEAR 2011 FORMER DIRECTOR KATHY HALBREICH EXERCISED HER DEFERRED COMPENSATION AGREEMENT. | Explanation |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Olga Viso | NamePerson |
| Purpose Of Loan | Housing | PurposeOfLoan |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $200,000 | OriginalPrincipalAmount |
| Balance Due | 96667 | BalanceDue |
| Default | false | Default |
| Approved By Board | true | ApprovedByBoard |
| Written Agreement | true | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 96667 | TotalBalanceDue |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 22 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 40000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Auction proceeds | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Historical Treasures | ArtHistoricalTreasures |
Art Fractional Interest ArtFractionalInterest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 24 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 265742 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Proceeds received | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts |
Other Non Cash Contributions Table OtherNonCashContributionsTable (4 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | Travel-Auction Inventory | 3 | 18000 | Retail Value |
| X | Jewelry-Auction Inventory | 1 | 1350 | Retail Value |
| X | Services-Auction Inventory | 5 | 3950 | Retail Value |
| X | Miscellaneous-Auction Inventory | 7 | 2920 | Retail Value |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Artwork Donated | Identifier |
| Return Reference | Schedule M,Lines 1 and 3 | ReturnReference |
| Explanation | The Walker Art Center has elected under SFAS 116 neither to recognize revenue in its statement of operations, nor assets on its statement of position, when donations of artwork are received. Therefore, no revenue is recognized on Part VIII Line 1 for these donations. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Governance and Management | Part VI | SECTION A QUESTION 2 A MAXIMUM OF 20 WALKER FAMILY MEMBERS MAY BE APPOINTED. IN 2011-12 THERE WERE 8 WALKER FAMILY MEMBERS APPOINTED. QUESTION 6 WALKER ART CENTER HAS A BASIC MEMBERSHIP CATEGORY OF ANNUAL GIVING. |
| Policies & Disclosures | Part VI, Section B | QUESTION 11b PREPARATION OF THE 990 BEGINS AFTER THE COMPLETION OF THE ANNUAL AUDIT AND ITS APPROVAL BY THE BOARD OF DIRECTORS. FINANCIAL INFORMATION IS TAKEN FROM THE ACCOUNTING DEPARTMENT RECORDS AND COMBINED WITH OTHER INSTITUTIONAL DATA AND CONTRIBUTION INFORMATION PROVIDED BY THE DEVELOPMENT DEPARTMENT. ALL INFORMATION IS FORWARDED TO THE PREPARER WHO ASSEMBLES THE RETURN FOR THE PRELIMINARY REVIEW BY WALKER STAFF AND BOARD. THE RETURN IS THEN EDITED AND FORWARDED TO THE PREPARER FOR FINAL COMPLETION AND FILED WITH ALL FEDERAL AND STATE ENTITIES. QUESTION 12c AUDIT COMMITTEE ANNUALLY REVIEWS ALL STAFF AND BOARD DISCLOSURES. IF THERE ARE SIGNIFICANT CONFLICTS, THE COMMITTEE REPORTS THIS TO THE FULL BOARD. QUESTION 15 SALARIES BASED ON ANNUAL PERFORMANCE EVALUATIONS, RELEVANT COMPARATIVE DATA COMPILED BY INDEPENDENT STUDIES. BOARD OFFICERS AUTHORIZE SALARY FOR DIRECTOR, REVIEWS DIRECTOR'S RECOMMENDATIONS FOR KEY SENIOR STAFF SALARIES SECTION C: QUESTION 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST PART XI RECONCILIATION OF NET ASSETS 338,843 NET UNREALIZED GAIN ON INVESTMENTS (2,875,006) ADJUSTMENT FOR PRIOR PERIOD PLEDGES ------------ (2,536,163) |