2026-04-14T12:33:45-07:00 2025-05-31 990 2024-06-01 270750665 DENVER ART SOCIETY DENV 3035341132 734 Santa Fe Dr Denver CO 80204 Sharon Kelley Treasurer 3034753629 2026-04-12 1 2024 2025-03-06 01:10:19Z DENVER ART SOCIETY 734 SANTA FE DR DENVER CO 80204 286098 0 X denverartsociety.org X 2009 CO Sustain the local community through the arts by erasing barriers to entry into the Denver art and music scene for local artists, connecting our members to a thriving artist community, and connecting our members to the general public interested in local art, music and classes. 14 14 0 140 0 0 89462 57344 49672 70393 1632 3210 49518 29883 190284 160830 0 0 0 0 0 0 0 0 1158 128506 132603 128506 132603 61778 28227 183182 220873 25796 23456 157386 197417 Sustain the local community through the arts by erasing barriers to entry into the Denver art and music scene for local artists, connecting our members to a thriving artist community, and connecting our members to the general public interested in local art, music and classes. 0 0 118979 0 57344 - Denver Art Society Cooperative hosted 26,000 public visitors to an inclusive, uncensored art exhibitions, featuring art from 130 local artists, performers, and art students of all ages, who collaboratively produced 30 community cultural events, hosted 58 workshops, and curated 360 days of exhibitions free and open to public. 0 70393 STUDIO AND ARTIST PROGRAM - Maintained nearly 30 artist studios rented to local artists, providing affordable workspace and fostering a thriving creative community on the Art District on Santa Fe. 0 0 . 0 0 0 118979 1 1 0 0 0 0 0 0 0 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 0 1 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 CO X X X Sharon Kelley 3034753629 734 SANTA FE DR DENVER CO 80204 X X Ashley Allen Chair 6 X 0 0 0 Laney Salinardi Vice Chair 3 X 0 0 0 Curtis Bergesen Director 3 X 0 0 0 Julie Clark Director 3 X 0 0 0 Allie Broderick Director 3 X 0 0 0 Liz Crocker Director 3 X 0 0 0 Sharon Kelley Treasurer 15 X 0 0 0 Justin Thornton Director 3 X 0 0 0 Bruce Gordon Director 3 X 0 0 0 Holly Chapman Director 3 X 0 0 0 Desiree Lawrence Director 4 X 0 0 0 John Rankin Director 3 X 0 0 0 Daniel Reiling Director 3 X 0 0 0 Kira MagCalen Director 4 X 0 0 0 0 0 0 0 0 0 0 0 X 0 0 0 0 0 57344 0 57344 STUDIO RENTAL & MEMBER FEE 532000 70393 70393 0 0 0 0 0 0 70393 3210 0 0 3210 0 0 0 0 0 0 0 0 0 0 0 0 0 154480 125268 29212 29212 0 0 671 671 0 0 671 160830 100276 0 3210 0 0 3477 3477 922 558 364 -6 -6 107 107 89990 89990 55 55 1163 1163 Bank and merchant fees 7667 531 7136 Taxes and licenses 498 0 498 Supplies repairs maintenance 17504 17504 0 Fundraising expense 794 0 0 794 10432 9233 1199 132603 118979 12466 1158 178782 79294 133788 1447 4400 6344 183182 220873 25796 18298 5158 25796 23456 X 0 0 0 0 157386 197417 157386 197417 183182 220873 X 28227 0 0 0 0 11804 X X 0 0 0 X 42594 72897 67448 89002 57344 329285 42594 72897 67448 89002 57344 329285 4797 324488 42 57 907 1632 3210 5848 335133 228755 0.96824 0.99112 X Schedule A, Part II, Line 5(f) Part II Line 5 - The organization received one contribution of $11,500 during the tax year from a single donor. Total 5-year support equals $335,132.83. Two percent of total support equals $6,702.66. The portion of the contribution exceeding the 2% threshold of $4,797.34 has been excluded from public support per IRS instructions. The Denver Art Society receives broad public support from hundreds of individual donors, gallery visitors, studio artist members, exhibiting artists, and art purchasers throughout the Denver metropolitan area. No single donor typically represents a significant portion of total support. The organization's public support percentage of 96.82% reflects this broad base of community support Schedule A, Part II, Line 12 Gross receipts from activities related to the exempt purpose - the total gross amounts received from your program activities before any deductions. Gross Art Sales, Studio Rentals, exhib Artis Fee, Inv Income, Sales tax adj RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5158 5158 X Schedule D, Part X, Line 2 Sales Tax Payable - Colorado and Denver sales tax collected and payable to state and local authorities of $5158.30 Form 990, Part VI, Section A, Line 8b Form 990, Part VI, Section A, Line 8a The Denver Art Society Board of Directors documents all meetings during the tax year through Board meeting minutes, and written member meeting minutues notes for every monthly meeting. All communications to the Board are sent to one archived email address. Form 990, Part VI, Section B, Line 11b Part VI Section B Line 11b - The Treasurer, along with the finance committee, collaboratively reviewed the 990 instructions, prepared the return, and reviewed the completed form with the full Board of Directors prior to filing. Form 990, Part VI, Section B, Line 12c Form 990, Part VI, Section B, Line 12c - Any cases of conflict of interest are reviewed and addressed during monthly governing body meetings. Officers, directors, and key members are required to disclose annually any interests that could give rise to conflicts. Form 990, Part VI, Section C, Line 18 Part VI Section C Line 18: The Form 990 is made available for public inspection upon request and through the GuideStar/Candid database. Schedule B is excluded from the public copy per IRS requirements. Form 990, Part VI, Section C, Line 19 Form 990, Part VI, Section C, Line 19 - Governing documents, conflict of interest policy, and financial statements are available to the public on the organization website at https://www.denverartsociety.org/member-resources. Form 990, Part VII, Section A, Line 1a We are a 100% volunteer nonprofit. For 10+ years we have given studio fee reductions to a few volunteers who contribute far more hours than others as a gesture of appreciation - not as payment for services. These are simply volunteer recognition gifts Form 990, Part VIII, Line 10a Part VIII Art Sales: Art sales revenue represents gross proceeds from a consignment arrangement with member artists. Under this arrangement 80% of all sale proceeds are remitted to the selling artist and 20% is retained by Denver Art Society. Gross sales of $154,480.06 and cost of art of $125,268.43 are reported separately on Lines 10a and 10b respectively. Form 990, Part XI, Line 9 Form 990, Part XI, Line 9 Other changes in net assets of $11,804.09 represent prior period book adjustments made during the tax year relating to the correction of prior year accounting entries identified during the organization's annual bookkeeping review. These adjustments primarily relate to the reconciliation of accounts following the migration of banking relationships from Denver Community Credit Union to Zing Credit Union and the resolution of outstanding reconciling items from prior periods. The organization is finalizing documentation of these adjustments with its bookkeeper. Form 990, Part XII, Line 2a Part XII Financial Statements line 2: The organization's financial statements are prepared in part by our bookkeeper and internally by the volunteer Treasurer and using QuickBooks Online accounting software live help. The statements are reviewed by the Board of Directors prior to filing. The organization does not obtain independent compilation, review, or audit of its financial statements.