2011-02-15T15:01:52-06:00 2010-06-30 GALUSHA HIGGINS & GALUSHA PC 777 EAST MAIN STE 201 BOZEMAN MT 59715 990 2009-07-01 810478307 Emerson Center for Arts and Culture EMER 4065803511 111 S Grand Bozeman MT 597155037 JEANE GARRITY 4065803511 2011-02-15 1 Robbyn Yager CPA 4065862386 2011-02-15 2009 2016-02-24 21:20:13Z JEANE GARRITY 111 S GRAND BOZEMAN MT 59715 626561 0 X WWW.THEEMERSON.ORG X 1992 MT The mission of the Emerson Center for the Arts & Culture is to service as a primary resource for the arts, arts education and cultural activities in southwest Montana by (1)stimulating and celebrating the arts in all its forms (2) fostering lifelong appreciation and understanding of arts and culture (3) Building community and economic development among creative enterprises, businesses and civic organizations. 11 11 17 200 0 0 133511 488499 4551 0 626561 0 0 241803 0 42928 351541 593344 33217 1628730 1714388 678502 723907 950228 990481 The mission of the Emerson Center for the Arts & Culture is to service as a primary resource for the arts, arts education and cultural activities in southwest Montana by (1)stimulating and celebrating the arts in all its forms (2) fostering lifelong appreciation and understanding of arts and culture (3) Building community and economic development among creative enterprises, businesses and civic organizations. 0 0 312256 399126 TENANT AND PUBLIC SPACE RENTAL: (1) ARTISTS (2) ARTS-RELATED BUSINESSES (3) NON-PROFIT ORGANIZATIONS APPROXIMATELY 46 USERS 39038 28270 ART EDUCATION THROUGH CLASSES AND WORKSHOPS TAUGHT BY WORKING ARTISTS-TEACHERS, INCLUDING ARTISTS EXHIBITING WORK IN THE EMERSON'S CONTEMPORARY ART GALLERIES. CLASSES AND WORKSHOPS ARE EXHIBIT-INSPIRED, COMMUNITY-BASED, AND INTERDISCIPLINARY EXPLORATIONS OF PAINTING, DRAWING, SCULPTURE, MIXED MEDIA, PRINTMAKING, CERAMICS, AND NEW GENRE. 41150 65654 THE EMERSON IS COMMITTED TO DEEPENING THE UNDERSTANDING OF THE VISUAL ARTS THROUGH EDUCATIONAL OUTREACH ASSOCIATED WITH ITS EXHIBITS. THE EMERSON CURATES AND HOSTS ART EXHIBITIONS OF SIGNIFICANT COMMUNITY VALUE. EMERGING AND ESTABLISHED CONTEMPORARY ARTISTS OF REGIONAL AND NATIONAL RECOGNITION EXHIBIT THEIR WORK REPRESENTING BOTH TRADITIONAL AND INNOVATIVE TECHNIQUES, MEDIA AND CONTENT WITH THE INTENT OF APPEALING TO DIVERSE AUDIENCES. 392444 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 17 1 0 0 0 0 0 0 0 0 11 11 0 0 0 0 1 1 0 1 1 0 0 1 0 0 0 1 1 0 X EMERSON CENTER FOR ARTS AND CULTURE 4065879797 111 S GRAND AVENUE BOZEMAN MT 59715 RON MATELICH 2.00 X X 0 0 0 DAWN POINDEXTER 2.00 X X 0 0 0 BRITT BODTKER 2.00 X X 0 0 0 MAUREEN HULL 2.00 X X 0 0 0 FRAN NOEL 2.00 X 0 0 0 KEN VANDEWALLE 2.00 X 0 0 0 DEBORAH MCCAULEY 2.00 X 0 0 0 ELLIE STALEY 2.00 X 0 0 0 CHRISTIE COPELAND 2.00 X 0 0 0 VAUGHAN JUDGE 2.00 X 0 0 0 KATE JO 2.00 X 0 0 0 JEANE GARRITY 40.00 X 43800 0 0 43800 0 0 0 0 0 0 0 14169 119342 133511 TENANT & PUBLIC SPACE 711300 399126 399126 CELEBRATION OF THE ART 711300 44941 44941 PROGRAM 711300 28270 28270 SPECIAL EVENTS 711300 16162 16162 488499 4551 4551 626561 493050 0 0 43800 43800 173975 112807 60950 218 24028 12447 11557 24 3397 3397 18742 9142 9600 398 155 78 165 27081 10529 12607 3945 349 349 121218 121218 490 490 41027 41403 -376 54885 37102 13392 4391 31679 30001 1678 CELEBRATION OF THE ARTS 28603 28603 EXHIBIT EXPENSES 9094 9094 BAD DEBTS 8546 8546 SPECIAL EVENTS 5582 5582 MEMBERSHIP 450 450 593344 392444 157972 42928 100731 108079 48050 31658 34132 7354 10517 1944861 530940 1396592 1413921 92395 99689 1628730 1714388 9954 40894 4570 642116 652381 26432 26062 678502 723907 X 808484 814443 39463 73757 102281 102281 950228 990481 1628730 1714388 X 1 0 1 X 0 X 378521 280128 235935 218086 133511 1246181 398743 388250 428708 440954 488499 2145154 777264 668378 664643 659040 622010 3391335 0 0 0 3391335 2959 6827 5499 2214 4551 22050 2959 6827 5499 2214 4551 22050 780223 675205 670142 661254 626561 3413385 0.99350 0.00650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 79459 7337 86796 1.00000 1 0 107896 107896 527743 276599 251144 1245408 198793 1046615 63814 55548 8266 1413921 BENEFICIAL INTEREST HELD BY OTHERS - ENDOWMENT 86986 LOAN ORIGINATION FEES, NET 12703 99689 KEY AND RENT DEPOSITS 26062 26062 Part X: Description of Uncertain Tax Positions Under FIN 48: The Center applies ASC 740 for recognition of uncertainty in income taxes and prescribing a recognition threshold and measurement attribute for the recognition and measurement of a tax position taken or expected to be taken in a tax return. In the course of its assessment the Center has determined that it is subject to examination of their income tax filings in the United States for the years 2004 through 2009. Form 990, Part VI, Section A, line 6 The Center has members who pay an annual membership fee and elect the Board. Form 990, Part VI, Section A, line 7a Prospective Board members are recruited thru various processes, generally someone on the Board knows of someone with interest or skill suitable for the Board, prospect is vetted over lunch with experienced Board members, meets with Executivie Director and gets a tour of the facility, and then attends at least one board meeting to meet other board members. If mutually satisfied, the member is put on the ballot at the next annual meeting for election by the entire membership. Ballots are mailed in advance to membership, members can elect proxy to exercise their ballot at the annual meeting. Form 990, Part VI, Section B, line 11 In past 990 prepared by Independent Accounting Firm that performed Annual Review and signed by Executive Director. This 990 and all future 990's will be prepared by IAF, submitted to Finance Committee of Board of Directors who will review and then submit to entire Board of Directors for approval. Form 990, Part VI, Section B, line 15 Reviewed by Executive Committee of the Board of Directors. Form 990, Part VI, Section C, line 19 The Emerson provides an annual financial and activity report to all members based on Financial Statements which are reviewed by its Independent CPA firm. Governing documents are available on request by the public. Any requested changes are submitted to the membership at its annual meeting for approval. The Membership is notified by mail of the time and date of the annual meeting. 990 PART VI, SECTION B 12A Emerson is organization which provides for preservation of a historic building which is used by the community for civic and cultural purposes. The Emerson has a 700 seat theatre, 200 table seating capacity all purpose room, an art gallery which houses mainly Montana exhibitions (approximately 6-10 different each year). The Emerson has a local, volunteer, unpaid Board of Directors who are very active in the governance of the Emerson. The Emerson has an annual budget approved by the BOD, reviewed by the Finance Committee in advance of submission to the BOD and all purchases in excess of $1000 are bid and approved by the BOD other than regular recurring operating expenses. The BOD of the Emerson reside in the community and are familiar with each others activities in the community which may give rise to conflicts. The staff of the Emerson is very small and all salaries and benefits are individually approved by BOD. The Emerson will prepare a conflict of interest policy for approval at its January, 2011 meeting which policy will include an annual disclosure document.