2025-11-26T16:07:17-06:00 2024-12-31 470716239 HAYES & ASSOCIATES LLC 134 W BROADWAY COUNCIL BLUFFS IA 51503 990 2024-01-01 421185311 BLUFFS ARTS COUNCIL BLUF 7128905600 1001 SOUTH 6TH STREET COUNCIL BLUFFS IA 51501 DANNA KEHM CEO 7128905600 2025-11-26 1 FRANK HAYES P00139616 7123225503 2025-11-26 2024 2025-03-06 01:10:19Z X POTTAWATTAMIE ARTSCULTURE ENTERTAIN DANNA KEHM 1001 SOUTH 6TH STREET COUNCIL BLUFFS IA 51501 1920101 0 X HTTPS://WWW.PACEARTSIOWA.ORG/ X 1982 IA TO STRENGTHEN, DEVELOP AND PROMOTE ARTS, CULTURAL AND HISTORICAL INSTITUTIONS, ORGANIZATIONS AND ACTIVITIES IN COUNCIL BLUFFS AND POTTAWATTAMIE COUNTY. 17 17 33 350 0 0 0 1024336 0 69689 0 43316 0 782760 0 1920101 0 0 0 0 0 776536 0 0 107035 0 1548176 0 2324712 0 -404611 18169161 17782867 94242 85159 18074919 17697708 X TO STRENGTHEN, DEVELOP AND PROMOTE ARTS, CULTURAL AND HISTORICAL INSTITUTIONS, ORGANIZATIONS AND ACTIVITIES IN COUNCIL BLUFFS AND POTTAWATTAMIE COUNTY. 0 0 30702 ADULT - PROGRAMMING AND EDUCATION PROVIDED TO ADULTS. 16969 CHILDREN - PROGRAMMING, EDUCATION AND CAMPS PROVIDED TO SCHOOL-AGEDCHILDREN. 11984 COMMUNITY - PROGRAMMING AND EDUCATION PROVIDED TO COMMUNITY MEMBERSOF ALL AGES. 797266 69689 ALL OTHER ACTIVITIES 797266 69689 856921 1 1 0 0 0 0 0 1 0 0 1 0 1 0 0 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 1 1 0 0 0 1 0 0 33 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X DANNA KEHM 7128905600 1001 SOUTH 6TH STREET COUNCIL BLUFFS IA 51501 NIKKI TIARKS CHAIR 1.00 X X 0 0 0 PATTI HANNAN CHAIR ELECT 1.00 X 0 0 0 TIM GERMAN TREASURER 1.00 X X 0 0 0 KATHY RIEGER SECRETARY 1.00 X 0 0 0 ANNE BOWEN FISHER BOARD MEMBER 1.00 X 0 0 0 KATHLEEN PYPER MEMBER-AT-LARGE 1.00 X 0 0 0 RICHARD MILLER BOARD MEMBER 1.00 X 0 0 0 PAM BEALL-HILL BOARD MEMBER 1.00 X 0 0 0 ABBY JARES BOARD MEMBER 1.00 X 0 0 0 ANDY PETERS BOARD MEMBER 1.00 X 0 0 0 DENISE PUTMAN BOARD MEMBER 1.00 X 0 0 0 CHRIS RUSSELL BOARD MEMBER 1.00 X 0 0 0 KYLE MCGINN BOARD MEMBER 1.00 X 0 0 0 NIKKI RAUTH BOARD MEMBER 1.00 X 0 0 0 SARA THORNTON MEMBER-AT-LARGE 1.00 X 0 0 0 LEA LAFERLA BOARD MEMBER 1.00 X 0 0 0 THOMAS ROBERTS BOARD MEMBER 1.00 X 0 0 0 BRENDA MAINWARING EX-OFFICIO 1.00 X 0 0 0 MATT WALSH EX-OFFICIO 1.00 X 0 0 0 JEFF JORGENSEN EX-OFFICIO 1.00 X 0 0 0 DANNA KEHM CEO 40.00 X X 105455 0 4883 105455 0 4883 1 0 0 0 0 42805 72002 909529 1024336 PROGRAM INCOME 999999 69689 69689 69689 43316 43316 298339 0 298339 298339 298339 SALES INCOME 999999 309494 309494 CAM REVENUE 999999 174927 174927 484421 1920101 69689 0 826076 776536 367337 312468 96731 741 741 31884 31884 3897 3897 79104 40485 36414 2205 64563 1030 63533 600 600 542490 152940 389550 7944 1300 6644 441 441 378310 378310 46616 46616 CHANTICLEER 137619 137565 54 PROGRAM EXPENSES 82055 68171 13884 MCCORMICK'S BAR 81792 79970 1822 EVENT RENTALS 48749 3852 44897 41371 4271 29055 8045 2324712 856921 1360756 107035 1491757 1046125 515038 466293 110866 29807 193461 6346 0 9262447 1851470 7796288 7410977 8286035 8384365 92635 122035 18169161 17782867 94242 85159 94242 85159 X 0 0 0 0 0 -377211 18074919 17697708 18169161 17782867 -404611 27400 0 X X 0 1 X 1 0 X 931970 1072138 1066501 984448 981531 5036588 931970 1072138 1066501 984448 981531 5036588 5036588 3838 3825 4806 13944 43316 69729 5106317 0.98630 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 122035 122035 X 0 8959486 1615423 7344063 302961 236047 66914 7410977 INVESTMENT IN SUBSIDIARIES 8384365 C 8384365 X 1920101 0 1920101 0 1920101 2324712 0 2324712 0 2324712 PART III, LINE 4: THE ORGANIZATION MAINTAINS A COLLECTION OF GRANT WOODS PAINTINGS WHICH IS IN LINE WITH ITS MISSION TO PROMOTE THE ARTS. PART X, LINE 2: PACE AND THE FOUNDATION ARE RECOGNIZED AS NOT-FOR-PROFIT CORPORATIONS AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. BOTH ARE EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(A) OF THE INTERNAL REVENUE CODE. THE THEATER LLC IS 100% OWNED BY PACE AND IS, THEREFORE, INCLUDED IN THE FILINGS AND MAINTAINS THE SAME EXEMPTION STATUS AS PACE. PACE AND THE FOUNDATION ACCOUNT FOR UNCERTAINTIES IN ACCOUNTING FOR INCOME TAX ASSETS AND LIABILITIES USING THE GUIDANCE INCLUDED IN FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, INCOME TAXES. THERE ARE NO UNCERTAINTIES THAT ARE REFLECTED IN THE CONSOLIDATED FINANCIAL STATEMENTS AND, WITH FEW EXCEPTIONS, PACE AND THE FOUNDATION ARE NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2021. THE MANAGING MEMBER LLC IS A PARTNERSHIP WHICH IS NOT A TAXPAYING ENTITY FOR FEDERAL OR STATE INCOME TAX PURPOSES; ACCORDINGLY, A PROVISION FOR INCOME TAXES HAS NOT BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE INCOME OR LOSSES OF THIS ENTITY IS REFLECTED IN THE PARTNERS' INDIVIDUAL OR CORPORATE INCOME TAX RETURNS IN ACCORDANCE WITH THEIR OWNERSHIP PERCENTAGES. PACE HARVESTER II LLC IS A PARTNERSHIP WHICH IS NOT A TAXPAYING ENTITY FOR FEDERAL OR STATE INCOME TAX PURPOSES; ACCORDINGLY, A PROVISION FOR INCOME TAXES HAS NOT BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE INCOME OR LOSSES OF THIS ENTITY IS REFLECTED IN THE PARTNERS' INDIVIDUAL OR CORPORATE INCOME TAX RETURNS IN ACCORDANCE WITH THEIR OWNERSHIP PERCENTAGES. THE MANAGER LLC IS A CORPORATION AND PROVISIONS FOR INCOME TAXES ARE BASED ON TAXES PAYABLE OR REFUNDABLE FOR THE CURRENT YEAR AND DEFERRED TAXES ON TEMPORARY DIFFERENCES BETWEEN THE AMOUNT OF TAXABLE INCOME AND PRETAX FINANCIAL INCOME AND BETWEEN THE TAX BASIS OF ASSETS AND LIABILITIES AND THEIR REPORTED AMOUNTS IN THE FINANCIAL STATEMENTS. DEFERRED TAX ASSETS AND LIABILITIES ARE INCLUDED IN THE FINANCIAL STATEMENTS AT CURRENTLY ENACTED INCOME TAX RATES APPLICABLE TO THE PERIOD IN WHICH THE DEFERRED TAX ASSETS AND LIABILITIES ARE EXPECTED TO BE REALIZED OR SETTLED. AS CHANGES IN TAX LAWS OR RATE ARE ENACTED, DEFERRED TAX ASSETS AND LIABILITIES ARE ADJUSTED THROUGH THE PROVISION FOR INCOME TAXES. NO DEFERRED TAX ASSETS OR LIABILITIES OR PROVISIONS FOR INCOME TAXES HAVE BEEN RECOGNIZED AS OF DECEMBER 31, 2024. THE MANAGER LLC, MANAGING MEMBER LLC, AND PACE HARVESTER II LLC ACCOUNT FOR UNCERTAINTIES IN ACCOUNTING FOR INCOME TAX ASSETS AND LIABILITIES USING THE GUIDANCE INCLUDED IN FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, INCOME TAXES. THERE ARE NO UNCERTAINTIES THAT ARE REFLECTED IN THE FINANCIAL STATEMENTS. PART III, LINE 4: THE ORGANIZATION MAINTAINS A COLLECTION OF GRANT WOODS PAINTINGS WHICH IS IN LINE WITH ITS MISSION TO PROMOTE THE ARTS. FORM 990, PART VI, SECTION B, LINE 11B THE FULL BOARD ELECTRONICALLY REVIEWS THE 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C AS CONFLICTS ARISE, BOARD MEMBERS WILL DECLARE AND EXCLUDE THEMSELVES FROM VOTING. COMPLIACE WITH THE CURRENT PROCESS IS MONITORED BY THE EXECUTIVE COMMITTEE. ANNUAL CERTIFICATIONS ARE COMPLETED. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND THE FORM 990 ARE MADE AVAILABLE UPON REQUEST. PART XII, LINE 2C THR PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. PACE THEATER LLC 1001 SOUTH 6TH STREET COUNCIL BLUFFS IA 51503 832402015 THEATER IA BLUFFS ARTS COUNCIL HARVESTER II MANAGER LLC 1001 SOUTH 6TH STREET COUNCIL BLUFFS IA 51503 832441225 NO ACTIVITY IA BLUFFS ARTS COUNCIL BLUFFS ARTS FOUNDATION PO BOX 795 COUNCIL BLUFFS IA 51502 421475627 FUNDRAISING IA 501(C)(3) LINE 12A, I N/A 0 HARVESTER II MANAGING MEMBER LLC 1001 SOUTH 6TH STREET COUNCIL BLUFFS IA 51503 832370917 IA 0 0 PACE HARVESTER II LLC 1001 SOUTH 6TH STREET COUNCIL BLUFFS IA 51503 823774461 IA 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0