2024-11-15T11:30:26-06:00 2023-12-31 362886485 DUGAN & LOPATKA CPA'S PC 4320 WINFIELD ROAD SUITE 450 WARRENVILLE IL 605554036 990 2023-01-01 364096612 ELMHURST ART MUSEUM ELMH 6308340202 150 COTTAGE HILL AVENUE ELMHURST IL 60126 JOSEPH JEFFERY PRESIDENT 6308340202 2024-11-14 1 0 RON MARKLUND P01985511 6306654440 2024-10-28 2023 2024-10-15 13:58:12Z JOSEPH JEFFERY 150 COTTAGE HILL AVENUE ELMHURST IL 60126 2125807 0 X WWW.ELMHURSTARTMUSEUM.ORG X 1990 IL FOSTER COMMUNITY BY CULTIVATING A CREATIVE SPACE WHERE ART IS FOR EVERYONE. 17 17 14 52 0 0 876064 1602630 255717 352440 14508 17176 11915 27706 1158204 1999952 0 0 0 0 439578 549062 0 18750 140889 655039 729516 1094617 1297328 63587 702624 3103987 4082491 263317 409922 2840670 3672569 SPARK CREATIVITY AND CULTURAL ENRICHMENT THROUGH THE VISUAL ARTS, EDUCATION, AND ARCHITECTURE BY PROVIDING THOUGHT-PROVOKING, DIVERSE EXHIBITIONS AND PROGRAMMING. 0 0 1048256 368546 SPARK CREATIVITY THROUGH THE VISUAL ARTS, EDUCATION, AND ARCHITECTURE BY PROVIDING THOUGHT-PROVOKING, DIVERSE EXHIBITIONS AND PROGRAMMING. 1)THE MUSEUM'S EXHIBITS AND PROGRAMMING ARE SPLIT INTO 3 DISTINCT SEASONS (SPRING, SUMMER, AND FALL). THROUGHOUT THE YEAR THE MUSEUM WELCOMED ALMOST 15,000 VISITORS INSIDE THE MUSEUM WITH PROGRAMS AROUND ART, ARCHITECTURE, AND EDUCATION, AND APPROXIMATELY 20,000 TO OUTDOOR COMMUNITY PROJECTS. 2) THE ART MUSEUM HELD ART CLASSES AND CAMPS THROUGH ITS EDUCATION DEPARTMENT, INCLUDING INSTRUCTIONAL 6-WEEK CLASSES AND SUMMER CAMPS. 3) THE MUSEUM'S ANNUAL FUNDRAISER BROUGHT 110 DONORS TOGETHER, AND GENERATED A NET OF APPROXIMATELY $62,000 FOR THE MUSEUM. 1048256 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 41 0 14 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 IL X X RECONCILED SOLUTIONS 3129619304 551 S SWAIN AVENUE ELMHURST IL 60126 JOSEPH JEFFERY PRESIDENT 10.00 X X 0 0 0 MARY CUNNINGHAM VICE PRESIDENT 3.00 X X 0 0 0 KRISTI BIEBER GIBBS TREASURER 3.00 X X 0 0 0 SUZANNE BAKER DIRECTOR 2.00 X 0 0 0 MATT BIALECKI DIRECTOR 2.00 X 0 0 0 JENNIFER BLANCHETTE DIRECTOR 2.00 X 0 0 0 JOANN CALLAHAN DIRECTOR 2.00 X 0 0 0 BETSY GOLTERMANN DIRECTOR 2.00 X 0 0 0 HARRY HOSTETLER DIRECTOR 2.00 X 0 0 0 MELISSA KLIMEK DIRECTOR 2.00 X 0 0 0 KIERSTIN MADDA DIRECTOR 2.00 X 0 0 0 DONALD MOWER DIRECTOR 2.00 X 0 0 0 THOMAS O'KEEFE DIRECTOR 2.00 X 0 0 0 MARK OSTERMANN DIRECTOR 2.00 X 0 0 0 GIGI OWENS DIRECTOR 2.00 X 0 0 0 DEAN PRIBBENOW DIRECTOR 2.00 X 0 0 0 NATHAN RIES DIRECTOR 2.00 X 0 0 0 JAFAR SANIIE DIRECTOR 2.00 X 0 0 0 WESLEY BAKER DIRECTOR 2.00 X 0 0 0 ALAN JOHNSON DIRECTOR 2.00 X 0 0 0 ANN KELLY DIRECTOR 2.00 X 0 0 0 CAROLYN UBRIACO DIRECTOR 2.00 X 0 0 0 DEBRA VACCARO DIRECTOR 2.00 X 0 0 0 JOHN MCKINNON EXECUTIVE DIRECTOR 40.00 X 189039 0 0 189039 0 0 1 0 1 0 0 136988 89970 815073 560599 12010 1602630 CAMPS 711300 138612 138612 ADMISSIONS 711300 129742 129742 EDUCATIONAL PROGRAMS 711300 84086 84086 352440 17176 17176 53527 0 53527 53527 53527 50098 89970 92025 -41927 -41927 48236 33830 14406 14406 CREDIT CARD REWARDS 900099 1400 1400 MISCELLANEOUS 900099 300 300 1700 1999952 368546 0 28776 X 189039 132327 37808 18904 325861 279593 13682 32586 34162 27330 3416 3416 34544 19153 3454 11937 18750 18750 966 537 96 333 56218 44974 5622 5622 48080 38463 4809 4808 150321 120257 15032 15032 19142 15314 1914 1914 159230 127384 15923 15923 21486 17188 2149 2149 EXHIBITION EXPENSES 101184 95947 5237 CATERING 44830 44830 EDUCATION SUPPLIES 43410 43410 MISCELLANEOUS 39446 31556 3945 3945 10659 9993 333 333 1297328 1048256 108183 140889 958754 377175 163043 1690 1000 750000 1000 16351 16351 7575 10816 3697994 1964188 1126299 1733806 758346 1119034 72619 72619 3103987 4082491 113317 108130 150000 301792 263317 409922 X 1640442 2371124 1200228 1301445 2840670 3672569 3103987 4082491 702624 129275 0 X X 0 1 X 1 0 X 699708 722207 845979 876064 1602630 4746588 469786 165987 306833 329294 400676 1672576 1169494 888194 1152812 1205358 2003306 6419164 236601 220161 135254 176011 223702 991729 0 236601 220161 135254 176011 223702 991729 5427435 93128 58715 66501 69303 70703 358350 93128 58715 66501 69303 70703 358350 5302 4346 845 2770 1700 14963 1267924 951255 1220158 1277431 2075709 6792477 0.79900 0.75660 0.05280 0.06160 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2019 AMOUNT: $ 5,302. 2020 AMOUNT: $ 4,346. 2021 AMOUNT: $ 845. 2022 AMOUNT: $ 2,770. 2023 AMOUNT: $ 1,700. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 758346 143340 16965 884721 940369 -177267 4756 758346 835993 114856 10480 940369 721998 131801 17806 835993 600005 121993 721998 1.00000 0 0 1998661 1356078 642583 1435391 344168 1091223 47656 47656 0 216286 216286 0 1733806 X 2243072 129275 113845 243120 1999952 0 1999952 1411173 113845 113845 1297328 0 1297328 PART III, LINE 1A: THE ART COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE MUSEUM'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF ART COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED OR AS TEMPORARILY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. IF ART IS NOT PART OF THE COLLECTIONS, IT IS RECORDED AS AN ASSET. THE MUSEUM MAINTAINS A COLLECTION OF VISUAL ART MATERIALS OR OBJECTS, SUPPORTING ARCHIVE MATERIALS, A TEACHING COLLECTION AND A RESOURCE LIBRARY. THE COLLECTION IS ECLECTIC IN SCOPE WITH A CONCENTRATION OF, BUT NOT LIMITED TO, LATER 20TH CENTURY AMERICAN ART. EACH OF THE ITEMS IS CATALOGED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE COLLECTIONS ARE SUBJECT TO A POLICY THAT REQUIRES PROCEEDS FROM THEIR SALES TO BE DEPOSITED TO THE CREDIT OF "COLLECTION MANAGEMENT AND DEVELOPMENT FUNDS." THE MUSEUM DOES NOT ACCEPT ANY ACQUISITIONS WITH ANY DONOR IMPOSED RESTRICTIONS. THE VALUE OF THE MUSEUM'S PERMANENT COLLECTION IS NOT GENERALLY SUBJECT TO A REASONABLE ESTIMATION. PART III, LINE 4: THE ORGANIZATION MAINTAINS A COLLECTION OF VISUAL ART MATERIALS OR OBJECTS, SUPPORTING ARCHIVE MATERIALS, A TEACHING COLLECTION AND A RESOURCE LIBRARY. THE COLLECTION IS ECLECTIC IN SCOPE WITH A CONCENTRATION OF, BUT NOT LIMITED TO, LATER 20TH CENTURY AMERICAN ART. EACH OF THE ITEMS IS CATALOGED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE COLLECTIONS ARE SUBJECT TO A POLICY THAT REQUIRES PROCEEDS FROM THEIR SALES TO BE DEPOSITED TO THE CREDIT OF "COLLECTION MANAGEMENT AND DEVELOPMENT FUNDS." PART V, LINE 4: THE PERMANENTLY RESTRICTED NET ASSETS, WHICH ARE ALSO KNOWN AS THE ELMHURST ART MUSEUM ENDOWMENT FUND, PROHIBIT THE EXPENDITURE OF PRINCIPAL OR CORPUS, BUT PERMIT A LIMITED SPENDING OF INCOME (DIVIDENDS, INTEREST, REALIZED AND UNREALIZED GAINS/LOSSES INCOME). INCOME, UP TO FIVE PERCENT OF FAIR MARKET VALUE OF INVESTMENTS ON THE DECEMBER 31 VALUATION DATE, IS TO BE DISTRIBUTED TO THE GENERAL OPERATING FUND (UNRESTRICTED NET ASSETS). ANY INCOME IN EXCESS OF THE FIVE PERCENT OF FAIR MARKET VALUE OF INVESTMENTS SHALL BE REINVESTED AS A PERMANENT ADDITION TO PRINCIPAL. PART X, LINE 2: THE MUSEUM HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE TO BE EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAX HAS BEEN ESTABLISHED. THE MUSEUM FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION AND ILLINOIS. WITH FEW EXCEPTIONS, THE MUSEUM IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL, OR NON-U.S. INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR FISCAL YEARS BEFORE 2020. THE MUSEUM DOES NOT EXPECT A MATERIAL NET CHANGE IN UNRECOGNIZED TAX BENEFITS IN THE NEXT TWELVE MONTHS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 33,830. FUNDRAISING EXPENSES 80,015. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 33,830. FUNDRAISING EXPENSES 80,015. X X X X X X X 1 ANDREW MICHELI 1020 COLFAX STREET EVANSTON IL 60201 DEVELOP GRANT FUNDING REQUESTS, PREPARE GRANT REPORTS 0 0 18750 -18750 18750 -18750 SOIREE 140068 89970 50098 21910 16068 675 53372 140068 89970 50098 21910 16068 675 53372 92025 -41927 X 0 0 0 0 0 0 0 1 0 JOHN MCKINNON EXECUTIVE DIRECTOR 117039 0 72000 0 0 0 0 0 0 0 189039 0 0 0 PART I, LINE 7 FOUR QUARTERLY AND A YEAR-END BONUS WERE PAID TO THE EXECUTIVE DIRECTOR, BASED ON A RESTRICTED DONATION. THESE 2023 BONUS PAYMENTS FOR THE EXECUTIVE DIRECTOR SUMMED TO $72,000. FORM 990, PART VI, SECTION A, LINE 2 WESLEY BAKER & SUSAN BAKER ARE MARRIED AND BOTH SERVE AS BOARD DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS DISTRIBUTED TO THE BOARD PRIOR TO ISSUANCE. IT IS ALSO PRESENTED TO THE AUDIT COMMITTEE FOR REVIEW BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR SIGNS A CONFLICT OF INTEREST POLICY STATEMENT ANNUALLY. IF ANY CONFLICT IS DISCLOSED, THE CHAIRPERSON OF THE BOARD APPOINTS A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15A HIRING COMMITTEE HAS A PROCESS OF USING COMPARABILITY DATA AND DOCUMENTATION IN DETERMINING THE COMPENSATION FOR THE EXECUTIVE DIRECTOR DURING THE ANNUAL COMPENSATION REVIEW. COMPENSATION PROCESS FOR OTHER OFFICERS - THERE ARE NOT ANY OTHER OFFICERS OR KEY EMPLOYEES WHO RECEIVE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE BYLAWS AND CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 537. MANAGEMENT AND GENERAL EXPENSES 96. FUNDRAISING EXPENSES 333. TOTAL EXPENSES 966. FORM 990, PART IX, LINE 24E RESTORATION: PROGRAM SERVICE EXPENSES 7,331. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,331. DUES AND PUBLICATIONS: PROGRAM SERVICE EXPENSES 2,662. MANAGEMENT AND GENERAL EXPENSES 333. FUNDRAISING EXPENSES 333. TOTAL EXPENSES 3,328. FORM 990, PART XII, LINE 2C, COMMITTEE ASSUMES RESPONSIBILITY: THE PROCESS HAS NOT CHANGED FROM PREVIOUS YEARS.