2024-12-03T09:54:15-06:00 2024-06-30 232489722 WALZ GROUP PO BOX 5555 LANCASTER PA 176065555 990 2023-07-01 232176299 DEMUTH FOUNDATION DEMU 7172999940 120 E KING ST LANCASTER PA 17602 ABIGAIL BAER EXECUTIVE DIRECTOR 7172999940 2024-12-03 1 1 LYNN A MILLS P00014920 7173928200 2024-12-02 2023 2024-10-15 13:58:12Z ABIGAIL BAER 120 E KING ST LANCASTER PA 17602 1000193 0 X WWW.DEMUTH.ORG X 1981 PA TO PROMOTE THE APPRECIATION AND AWARENESS OF THE VISUAL ARTS IN LANCASTER THROUGH PRESERVING THE LEGACY OF CHARLES DEMUTH AND HIS GROUNDBREAKING ART, SUPPORTING CURRENT LOCAL AND REGIONAL ARTISTS, AND INSPIRING A NEW GENERATION. 15 15 14 39 8875 5010 331310 461855 176980 129964 22796 57357 20765 24434 551851 673610 0 0 0 0 227335 246704 12000 0 10163 270556 299897 509891 546601 41960 127009 4156684 4361298 0 0 4156684 4361298 TO PROMOTE THE APPRECIATION AND AWARENESS OF THE VISUAL ARTS IN LANCASTER THROUGH PRESERVING THE LEGACY OF CHARLES DEMUTH AND HIS GROUNDBREAKING ART, SUPPORTING CURRENT LOCAL AND REGIONAL ARTISTS, AND INSPIRING A NEW GENERATION. 0 0 385718 139412 THE FOUNDATION STRIVES TO ENGAGE WITH A DIVERSE RANGE OF AUDIENCES BY OFFERING INNOVATIVE EXHIBITIONS, ENGAGING EDUCATIONAL PROGRAMS, AND PURSUING COLLECTION ACTIVITIES. 385718 1 1 0 0 0 0 0 1 0 0 1 1 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 0 0 1 9 0 1 14 1 1 1 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 PA X THE FOUNDATION 7172999940 120 E KING ST LANCASTER PA 17602 KAREN F HEINLE PRESIDENT 2.00 X X 0 0 0 CLAIRE GIBLIN VICE PRESIDENT 2.00 X X 0 0 0 RYAN GIVENS SECRETARY 2.00 X X 0 0 0 JUDY HOAR TREASURER 2.00 X X 0 0 0 ANDREW BLAKINGER TREASURER 2.00 X X 0 0 0 PETER C EGAN TRUSTEE 1.00 X 0 0 0 MATTHEW ALLYN CHAPMAN TRUSTEE 1.00 X 0 0 0 SCOTT CANTRAL TRUSTEE 1.00 X 0 0 0 SUSAN EBERSOLE TRUSTEE 1.00 X 0 0 0 GERALD ECKERT TRUSTEE 1.00 X 0 0 0 ROBERT J HAMILTON JR TRUSTEE 1.00 X 0 0 0 VIRGINIA ETTELMAN TRUSTEE 1.00 X 0 0 0 ROBERT LEMIN JR TRUSTEE 1.00 X 0 0 0 MARK MAROTTA TRUSTEE 1.00 X 0 0 0 HEIDI LEITZKE TRUSTEE 1.00 X 0 0 0 JULIA SCHROCK TRUSTEE 1.00 X 0 0 0 JEREMY WAAK TRUSTEE 1.00 X 0 0 0 BETH BEAM TRUSTEE 1.00 X 0 0 0 ABBY BAER EXECUTIVE DIRECTOR 40.00 X 76005 0 0 76005 0 0 0 0 0 0 0 51893 409962 500 461855 ARTWORK SALES 900099 74448 74448 EVENTS AND EXHIBITIONS 900099 44489 44489 EDUCATION 900099 11027 11027 129964 20376 20376 14986 0 14986 14986 8875 6111 355965 318984 36981 36981 36981 17047 7599 9448 9448 673610 139412 8875 63468 78285 62618 13307 2360 145264 114381 26250 4633 4183 3329 707 147 18972 13402 4959 611 7600 7600 14883 14883 9780 1369 8411 31529 31529 2836 424 2412 21569 21569 18188 18188 ART COSTS 76746 76746 ART AUCTION EXPENSES 36202 36202 EXHIBITION EXPENSES 31426 31426 REPAIRS/MAINTENANCE 14824 14824 34314 31362 2952 546601 385718 150720 10163 148317 235089 1040500 469790 566354 570710 686563 799549 2755450 2755950 4156684 4361298 0 0 X 1333431 1470088 2823253 2891210 4156684 4361298 4156684 4361298 127009 77605 0 X X 1 X 0 1 0 X 279030 333308 283105 331310 461855 1688608 279030 333308 283105 331310 461855 1688608 110984 1577624 14404 15971 11229 19278 20376 81258 12440 9494 12779 10615 14986 60314 1830180 807712 0.86200 0.90170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2755950 0 28761 28761 258856 71240 187616 731336 377003 354333 21547 21547 0 570710 INVESTMENTS IN MARKETABLE SECURITIES 799549 F 799549 PAINTING COLLECTION 2755950 2755950 758814 77605 7599 85204 673610 0 673610 554200 7599 7599 546601 0 546601 PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 7,599. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 7,599. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WAS REVIEWED BY AN OFFICER OF THE FOUNDATION PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION HAS A CONFLICT OF INTEREST POLICY IN PLACE FOR TRUSTEES AND KEY PERSONNEL. THEY ARE REQUIRED TO REVIEW THE POLICY AND DISCLOSE ANY CONFLICTS ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION'S PERSONNEL COMMITTEE DETERMINES THE COMPENSATION FOR THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES ANNUALLY BY REVIEWING THEIR GOALS FOR THE YEAR, THE ACHIEVEMENT OF THOSE GOALS AND EVALUATING COMPARABLE SALARIES IN THE FIELD. THE COMMITTEE INDEPENDENTLY DETERMINES THE COMPENSATION FOR THE YEAR. THIS REVIEW IS THEN SHARED WITH THE EMPLOYEES AND NEW GOALS ARE SET FOR THE NEW YEAR. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST. 990 PG 6, PART VI, LINE 11B THE FOUNDATION HAS NOT CHANGED ITS PROCESS FOR OVERSIGHT OF THE AUDIT, REVIEW OR COMPILATION FROM THE PRIOR YEAR. FORM 990 LINE 1 SECTION 1.263 (A)-1 (F) DE MINIMIS SAFE HARBOR ELECTION DEMUTH FOUNDATION 120 EAST KING STREET LANCASTER, PA 17602 EMPLOYER IDENTIFICATION NUMBER: 23-2176299 FOR THE YEAR ENDING JUNE 30, 2024 DEMUTH FOUNDATION IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263 (A)-1 (F