2024-10-29T15:21:42-05:00 2023-12-31 946214841 ARMANINO ADVISORY LLC 1520 S FIFTH STREET SUITE 309 ST CHARLES MO 63303 990 2023-01-01 431131429 LAUMEIER SCULPTURE PARK LAUM 3146155278 12580 ROTT ROAD ST LOUIS MO 63127 STEPHANIE MARTINEZ BOARD TREASURER 3146155278 2024-10-29 1 1 JENNIFER M VACHA P01251998 6362553000 2024-10-29 2023 2024-10-15 13:58:12Z TRAVIS SHERIDAN 12580 ROTT ROAD ST LOUIS MO 63127 3267912 0 X WWW.LAUMEIER.ORG X 1977 MO TO ENGAGE THE COMMUNITY IN ART AND NATURE. 22 19 62 242 0 0 1603857 1485336 593780 690041 28554 78537 -68610 -25142 2157581 2228772 0 0 0 0 783984 911714 0 0 198155 1340205 1821808 2124189 2733522 33392 -504750 5073046 4886013 1718856 1813811 3354190 3072202 X LAUMEIER SCULPTURE PARK'S MISSION IS TO ENGAGE THE COMMUNITY IN ART AND NATURE. 0 0 830256 CURATORIAL LAUMEIER SCULPTURE PARK COMMISSIONS, COLLECTS, AND PRESERVES CONTEMPORARY ART WITH A FOCUS ON SCULPTURE THROUGHOUT ITS 105-ACRE CAMPUS. THE ART COLLECTION CONSISTS OF MORE THAN 70 LARGE-SCALE SCULPTURES ON VIEW OUTDOORS PLUS ADDITIONAL WORKS ON LOAN AND IN STORAGE. LAUMEIER ALSO PRESENTS TEMPORARY EXHIBITIONS BOTH INDOORS AND OUTDOORS THAT FEATURE LOCAL, NATIONAL, AND INTERNATIONAL ARTISTS. MORE THAN 360,000 ANNUAL VISITORS FROM AROUND THE GLOBE VISIT LAUMEIER FREE OF CHARGE TO ENJOY THE COMBINATION OF ART AND NATURE OFFERED THROUGHOUR EXHIBITIONS, EDUCATION, AND PUBLIC PROGRAMS. 505745 286257 EDUCATIONLAUMEIER'S EDUCATION PROGRAMS SERVE LIFELONG LEARNERS THROUGH CLASSES, WORKSHOPS, CAMPS, SCHOOL FIELD TRIPS, COMMUNITY PROGRAMS AND PRINTED PUBLICATIONS. THESE PROGRAMS ENGAGE MORE THAN 450 ARTISTS AND ART EDUCATORS EACH YEAR. OUR EDUCATION VISION IS FOR A GLOBAL COMMUNITYWHERE CURIOSITY, EXPLORATION, CREATIVITY, INNOVATION, AND COLLABORATION ARE THE CATALYSTS FOR SPARKING VIBRANT EXCHANGE BETWEEN ARTISTS, EDUCATORS, AND LEARNERS OF ALL AGES AND BACKGROUNDS. THROUGH THIS EXCHANGE WE UNLOCK THE POWER OF ART AND NATURE, INCLUDING ITS ABILITY FOR PERSONAL RESTORATION AND GROWTH AS WELL AS ITS BROADER IMPACT ON LOCAL, NATIONAL, AND INTERNATIONAL ISSUES. 369357 403784 PUBLIC PROGRAMSLAUMEIER SCULPTURE PARK IS AN ACCREDITED MUSEUM AND PUBLIC PARK. THE INSTITUTION PROVIDES A BROAD SPECTRUM OF CULTURALLY ENRICHING ACTIVITIES FOR COMMUNITY MEMBERS AND GUESTS FROM AROUND THE GLOBE TO ENJOY EACH YEAR. PRESENTING A UNIQUE MIX OF ART AND NATURE, LAUMEIER ANNUALLY HOSTS ART FAIR AND MANY OTHER PUBLIC PROGRAMS. THESE PROGRAMS PROVIDE THE PUBLIC WITH OPPORTUNITIES TO PARTICIPATE IN EXPERIENCES THAT FURTHER DEVELOP THEIR APPRECIATION FOR ART AND NATURE. 212379 EXHIBITSLAUMEIER PRESENTS A UNIQUE MIX OF PUBLIC PROGRAMS INSPIRED BY ART AND NATURE, MANY OF WHICH ARE FREE OR LOW COST. ONE OF THE MOST POPULAR PUBLIC PROGRAMS IS A 3-DAY ART FAIR THAT ATTRACTS MORE THAN 15,000 ATTENDEES AND SUPPORTS MORE THAN 150 ARTISTS, ENTERTAINERS, AND FOOD VENDORS. DISCOVER LAUMEIER GIVES THE PUBLIC A CHANCE TO PARTICIPATE IN HANDS-ON ARTMAKING FREE OF CHARGE AND LAUMEIER AFTER DARK ALLOWS VISITORS TO EXPLORE THE PARK AT NIGHT WHILE ENJOYING THE WORK OFARTISTS WHOSE PRACTICE IS LIGHT-BASED. THREE IN-RESIDENCE ARTISTS ARE SELECTED ANNUALLY TO FURTHER ENGAGE THE COMMUNITY WITH SPECIAL PROJECTS AND PROGRAMS. 212379 1917737 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 38 0 1 62 1 0 0 0 0 0 0 0 0 0 0 0 0 X 22 19 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X STACY WEST 3146155282 12580 ROTT ROAD ST LOUIS MO 63127 TRAVIS SHERIDAN CHAIR 2.00 X X 0 0 0 STEPHANIE COPP MARTINEZ TREASURER 2.00 X X 0 0 0 KERRIN KOWACH SECRETARY 1.00 X X 0 0 0 CLAUDE E BOND IV DIRECTOR 0.50 X 0 0 0 MATT HARVEY DIRECTOR 0.50 X 0 0 0 AMY HAUFT DIRECTOR 0.50 X 0 0 0 STEPHEN HUBBARD DIRECTOR 0.50 X 0 0 0 KENNETH KRANZBERG DIRECTOR 0.50 X 0 0 0 NANCY KRANZBERG DIRECTOR 0.50 X 0 0 0 KELLY MALONE DIRECTOR 0.50 X 0 0 0 KELLEY MCCARTHY DIRECTOR 0.50 X 0 0 0 MERIDITH MCKINLEY DIRECTOR 0.50 X 0 0 0 KELLEY VAN DYCK MURPHY DIRECTOR 0.50 X 0 0 0 MEGAN RIDGEWAY DIRECTOR 0.50 X 0 0 0 JEFF RYAN DIRECTOR 0.50 X 0 0 0 DAVID SCHLAFLY DIRECTOR 0.50 X 0 0 0 MARY ANN SRENCO DIRECTOR 0.50 X 0 0 0 TIM TROTTER DIRECTOR 0.50 X 0 0 0 SUSAN WARSHAW DIRECTOR 0.50 X 0 0 0 STAS WOLAK DIRECTOR 0.50 X 0 0 0 GARY WOLFF DIRECTOR 0.50 X 0 0 0 CARLOS ZAMORA DIRECTOR 0.50 X 0 0 0 LAUREN ROSS EXECUTIVE DIRECTOR 40.00 X 133139 0 11393 133139 0 11393 1 0 0 0 BLACKLINE DESIGN & CONSTRUCTION 2217 LOCUST ST 1ST FLOOR ST LOUIS MO 63103 CONSTRUCTION SERVICES 363476 1 676309 809027 62219 1485336 ART FAIR 711300 346344 346344 WORKSHOP REVENUE 711300 285557 285557 MEMBERSHIP FEES 711300 57440 57440 TOUR INCOME 711300 700 700 690041 64242 64242 76433 134990 -58557 -58557 -58557 882192 25630 870544 22983 11648 2647 14295 14295 27121 10623 16498 16498 MISCELLANEOUS 900099 16917 16917 16917 2228772 690041 0 53395 X 144532 65039 36133 43360 619589 433193 87872 98524 71289 52751 8727 9811 76304 53413 10682 12209 88124 88124 9721 9721 273618 217469 32666 23483 66486 29429 26654 10403 640719 508158 132196 365 32095 32095 13541 10566 2975 30460 30460 35328 35328 26673 26673 ST. LOUIS APPROPRIATION 605043 547719 57324 2733522 1917737 617630 198155 X 831132 179516 232833 314429 42730 39638 42000 42000 33857 4170 2594334 493616 2159030 2100718 1731464 2205542 5073046 4886013 178318 293991 20679 21374 1297681 1297681 198354 187138 23824 13627 1718856 1813811 X 1413976 829643 1940214 2242559 3354190 3072202 5073046 4886013 -504750 222762 0 X 0 1 X 1 0 X 719488 748542 1580009 1019076 880293 4947408 590804 401054 541260 584781 605043 2722942 1310292 1149596 2121269 1603857 1485336 7670350 953679 6716671 101434 74209 121613 111400 140675 549331 7635 11561 8512 26207 16917 70832 8290513 2012701 0.81020 0.80530 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2019 AMOUNT: $ 5,135. 2020 AMOUNT: $ 10,561. 2021 AMOUNT: $ 8,512. 2022 AMOUNT: $ 25,207. 2023 AMOUNT: $ 16,917. LOAN SCULPTURE FEES - 2019 AMOUNT: $ 2,500. 2020 AMOUNT: $ 1,000. 2022 AMOUNT: $ 1,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 0 0 1731464 258920 77254 1913130 2181467 -368926 81077 1731464 2010225 254502 83260 2181467 1891058 195099 75932 2010225 1628049 8361 329311 74663 1891058 0.00000 0.00000 1.00000 0 0 990815 990815 1411114 301211 1109903 192405 192405 0 2100718 X 2587993 222762 567 145613 368942 2219051 9721 9721 2228772 2869981 567 145613 146180 2723801 9721 9721 2733522 PART III, LINE 1A: LAUMEIER IS ACCREDITED BY THE AMERICAN ALLIANCE OF MUSEUMS. ITS COLLECTION IS MADE UP OF ART OBJECTS THAT ARE HELD FOR EDUCATIONAL, RESEARCH, AND CURATORIAL PURPOSES. ITEMS ARE CATALOGUED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE LAUMEIER'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTIONS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTION IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED, OR AS DECREASES IN NET ASSETS WITH DONOR RESTRICTION IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS AS INCREASES IN NET ASSETS WITHOUT DONOR RESTRICTION, UNLESS THE DONOR INCLUDES AN APPRAISAL OF THE ITEM. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASS BASED ON THE ABSENCE OR EXISTENCE AND NATURE OF DONOR-IMPOSED RESTRICTIONS. PART III, LINE 4: LAUMEIER'S ART HOLDINGS (THE COLLECTION) FOCUSES ON SIGNIFICANT ARTWORK OF LATE MODERNISM THROUGH THE ARTWORK OF TODAY. WITH THIS COLLECTION THE INSTITUTION IS ABLE TO CREATE LONG-TERM AND CHANGING EXHIBITIONS WITHIN THE PARK THAT CREATE OPPORTUNITIES FOR GUESTS TO FURTHER THEIR EXPOSURE TO AND KNOWLEDGE ABOUT ART. THESE OPPORTUNITIES ARE ENHANCED BY STAFF, VOLUNTEERS, EVENTS, LIBRARY AND PUBLICATIONS. LAUMEIER ALSO LENDS (AND BORROWS) WORK TO/FROM OTHER INSTITUTIONS FOR USE IN A SIMILAR FASHION. AS AN AAM ACCREDITED MUSEUM AND IN ACCORDANCE WITH THE VISUAL ARTISTS RIGHTS ACT OF 1990, LAUMEIER STAFF ATTENDS TO THE COLLECTION ACCORDING TO INDUSTRY'S ESTABLISHED BEST PRACTICES AS IT PRESERVES ARTWORK IN THE COLLECTION FOR THE FUTURE AS PART OF A NATIONAL AND INTERNATIONAL CULTURAL TRUST. PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUND IS INTENDED FOR THE PURCHASE OF ART, AND/OR THE CONSERVATION AND MAINTENANCE OF ART, OR THE INSTALLATION, FREIGHT AND RELATED TRAVEL EXPENSES IN CONNECTION WITH ART ON LOAN OR TO BE LOANED TO LAUMEIER, IN ACCORDANCE WITH THE ENDOWMENT AGREEMENT. DURING THE YEAR ENDING DECEMBER 31, 2023 AND 2022, THE BOARD APPROVED AN OVERALL SPENDING POLICY OF 4% FROM THE ENDOWMENT. PART X, LINE 2: LAUMEIER IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE ACCOMPANYING STATEMENTS OF ACTIVITIES. THE ORGANIZATION HAS ADDRESSED THE PROVISIONS OF FASB ASC 740, ACCOUNTING FOR INCOME TAXES. IN THAT REGARD THE ORGANIZATION HAS EVALUATED ITS TAX POSITIONS, EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS AND BELIEVES THAT NO PROVISION FOR INCOME TAXES IS NECESSARY, AT THIS TIME, TO COVER ANY UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES NETTED AGAISNT RENTAL REVENUE 134,990. DIRECT COST OF GOODS SOLD NETTED AGAINST REVENUE 10,623. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES NETTED AGAISNT RENTAL REVENUE 134,990. DIRECT COST OF GOODS SOLD NETTED AGAINST REVENUE 10,623. KENNETH KRANZBERG DIRECTOR USED FOR PRINCIPAL PAYMENT OF BONDS PAYABLE X 1251793 1251793 0 1 1 KENNETH KRANZBERG DIRECTOR USED FOR PRINCIPAL PAYMENT OF BONDS PAYABLE X 45888 45888 0 1 1 1297681 PART II THE ORGANIZATION HAS A DEBT AGREEMENT WITH A MEMBER OF THE BOARD. THE LOAN IS SUBJECT TO 2% INTEREST ANNUALLY WITH INTEREST PAYABLE QUARTERLY. ON MARCH 1, 2018, THE PROMISSORY NOTE WAS FORMALLY AMENDED TO EXTEND THE MATURITY DATE TO DECEMBER 31, 2022 AND TO CONSOLIDATE ACCRUED INTEREST THROUGH FEBRUARY 28, 2018 INTO THE PRINCIPAL BALANCE OF THE LOAN. AS OF DECEMBER 31, 2023, THE LOAN IS IN THE PROCESS OF BEING RENEGOTIATED AND AN EXTENSION WAS GRANTED BY THE NOTE BEARER STATING NO CALL FOR ANY PAYMENTS OF PRINCIPAL OR INTEREST WILL BE MADE ON THE LOAN PRIOR TO JULY 30, 2025. THE LOAN BALANCE WAS $1,297,681 AS OF DECEMBER 31, 2023. NO PRINCIPAL PAYMENTS OR INTEREST PAYMENTS HAVE BEEN MADE TO DATE. X 3 62219 PUBLICLY TRADED EXCHANGE 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING BOARD MEMBERS HAVE FAMILY RELATIONSHIPS: KENNETH KRANZBERG (DIRECTOR), NANCY KRANZBERG (DIRECTOR), AND MARY ANN SRENCO (DIRECTOR) FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING THE 990 WITH IRS, MANAGEMENT REVIEWS THE 990 FILING WITH THE FINANCE COMMITTEE. CHANGES, IF ANY, ARE COMMUNICATED AND INCORPORATED IN THE 990. A FINAL COPY OF THE 990 IS THEN DISTRIBUTED TO THE ENTIRE BOARD VIA ELECTRONIC MAIL. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES BOARD MEMBERS ANNUALLY DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. SHOULD A CONFLICT ARISE, IT WOULD BE HANDLED ON A CASE BY CASE BASIS. FORM 990, PART VI, SECTION B, LINE 15 A COMMITTEE OF BOARD MEMBERS AND OTHER INDEPENDENT PERSONS ENSURE COMPENSATION IS AT OR BELOW LIKE INSTITUTIONS IN THE ST. LOUIS MARKET. FORM 990, PART VI, SECTION C, LINE 18 LAUMEIER SCULPTURE PARK MAKES ITS FORM 1023 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 LAUMEIER SCULPTURE PARK DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. THE FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART IX, LINE 11G OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 61,801. MANAGEMENT AND GENERAL EXPENSES 28,800. FUNDRAISING EXPENSES 23,483. TOTAL EXPENSES 114,084. OUTSIDE ARTISTIC FEES: PROGRAM SERVICE EXPENSES 155,668. MANAGEMENT AND GENERAL EXPENSES 3,866. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 159,534.