2023-12-14T12:40:06-06:00 2023-04-30 264022510 HARRIS & CO PLLC 1120 S RACKHAM WAY SUITE 100 MERIDIAN ID 83642 990 2022-05-01 820256187 BOISE ART MUSEUM INC BOIS 2083458330 670 EAST JULIA DAVIS DR BOISE ID 83702 MELANIE FALES EXECUTIVE DIRECTOR & CEO 2083458330 2023-11-15 1 MELANIE FALES 999009999 0 BRYCE MORRISON P02154746 2083338965 2023-11-15 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z MELANIE FALES 670 EAST JULIA DAVIS DRIVE BOISE ID 83702 2097292 0 X WWW.BOISEARTMUSEUM.ORG X 1937 ID TO CREATE VISUAL ARTS EXPERIENCES THAT ENGAGE PEOPLE AND INSPIRE LEARNING. 11 11 56 148 0 0 1224916 1115897 151379 143873 109983 62684 361825 454080 1848103 1776534 0 0 0 0 676627 895099 0 0 159996 404288 551879 1080915 1446978 767188 329556 4916476 5792362 85177 678688 4831299 5113674 TO CREATE VISUAL ARTS EXPERIENCES THAT ENGAGE PEOPLE AND INSPIRE LEARNING THROUGH EXCEPTIONAL EXHIBITIONS, COLLECTIONS, AND EDUCATIONAL OPPORTUNITIES. 0 0 672908 181663 EXHIBITIONS - THE MUSEUM PRESENTS A RANGE OF ART EXHIBITIONS ANNUALLY, ADDRESSING A WIDE SPECTRUM OF ARTISTS, ARTISTIC MEDIA, TIME PERIODS AND STYLES, ALL OF WHICH REFLECT DIVERSITY AND EXCELLENCE IN THE VISUAL ARTS. 303401 17188 EDUCATION - THE MUSEUM'S EDUCATION PROGRAMS PROVIDE VISITORS WITH OPPORTUNITIES TO HAVE MEANINGFUL EXPERIENCES WITH ORIGINAL WORKS OF ART. LECTURES, TOURS, CLASSES, CAMPS, OUTREACH, CATALOGUES, INTERPRETIVE TEXT PANELS, AUDIO TOURS, HANDOUTS, IN-GALLERY MATERIALS, VIDEOS AND TEACHER EDUCATION ENHANCE EXHIBITIONS AND MEET THE LEARNING NEEDS OF PEOPLE OF ALL AGES AND ABILITIES. 34286 12612 ART COLLECTION - BOISE ART MUSEUM IS THE ONLY NATIONALLY ACCREDITED COLLECTING ART MUSEUM IN IDAHO THAT ACTIVELY COLLECTS AND CONSERVES VISUAL ART. THE MUSEUM HAS A GROWING COLLECTION OF MORE THAN 4,250 ART OBJECTS COMPRISED OF MODERN AND CONTEMPORARY AMERICAN ART INCLUDING ARTISTS FROM IDAHO AND THE NORTHWEST, AS WELL AS ASIAN AND AFRICAN ART. 1010595 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 56 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X THE ORGANIZATION 2083458330 670 EAST JULIA DAVIS DR BOISE ID 83702 CHERYL THOMPSON PRESIDENT 10.00 X X 0 0 0 CHAD WELTZIN PRESIDENT-ELECT 10.00 X X 0 0 0 AMY RUSTAD PAST PRESIDENT 10.00 X X 0 0 0 CATHY SILAK SECRETARY 10.00 X X 0 0 0 JIM BRANDSTETTER TREASURER 10.00 X X 0 0 0 MELANIE FALES EXECUTIVE DIRECTOR/CEO 40.00 X X 161107 0 12904 RIDGELY DENNING TRUSTEE 10.00 X 0 0 0 TOM FOERSTEL TRUSTEE 10.00 X 0 0 0 YVONNE MCCOY TRUSTEE 10.00 X 0 0 0 ANGELA BAYLIS TRUSTEE 10.00 X 0 0 0 JEREMIAH SHINN TRUSTEE 10.00 X 0 0 0 161107 0 12904 1 0 1 0 0 134012 4460 254315 723110 2580 1115897 ADMISSIONS 711190 88171 88171 EXHIBITIONS 711190 25902 25902 EDUCATION 711190 17188 17188 COLLECTORS FORUM 711190 9200 9200 MUSEUM PROGRAM EVENTS 711190 3412 3412 143873 131676 131676 68992 -68992 -68992 -68992 563505 4460 177015 386490 386490 142341 74751 67590 67590 1776534 211463 0 449174 210203 152809 27525 29869 559869 407002 73312 79555 16122 11720 2111 2291 50118 36433 6563 7122 58787 42736 7698 8353 12075 6091 5786 198 20000 10089 9583 328 27772 27772 91474 46144 43828 1502 20033 16185 3848 148171 105202 29634 13335 21736 20504 1073 159 40519 28770 8102 3647 21305 11532 9773 SUPPLIES AND MAINTENANC 64163 52771 6431 4961 EQUIPMENT RENTAL 26834 19052 5367 2415 FREIGHT, POSTAGE, AND P 22844 13601 8184 1059 HONORARIA AND PROGRAM R 22650 19850 2800 12303 10104 845 1354 1446978 1010595 276387 159996 159828 146438 1677851 1975687 34251 29674 11534 16860 614725 437583 173028 177142 2859984 2988205 0 458356 4916476 5792362 33037 36870 52140 164212 0 477606 85177 678688 X 3477529 3841562 1353770 1272112 4831299 5113674 4916476 5792362 X 329556 2369 -49550 X X 0 1 X 1 0 X 1065660 760465 1106895 1224916 1115897 5273833 727411 765390 798360 840168 3131329 1793071 1525855 1905255 2065084 1115897 8405162 8405162 68816 85163 80735 109983 131676 476373 480055 305726 19660 293920 1099361 9980896 142341 0.84210 0.77420 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 2859984 255000 12692 139471 2988205 2873749 305000 -165517 125934 27314 2859984 2195168 51053 765830 113679 24623 2873749 2382296 199 -63468 99885 23974 2195168 1938286 382085 175856 91287 22644 2382296 0.57430 0.42570 0 0 605630 437583 168047 9095 9095 177142 OPERATING LEASE RIGHT-OF-USE ASSET 458356 458356 OPERATING LEASE LIABILITY 477606 477606 X 2146976 2368 225497 227865 1919111 27772 -170349 -142577 1776534 1815052 225497 170349 395846 1419206 27772 27772 1446978 PART X, LINE 2: THE ACCOUNTING STANDARD FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE MUSEUM MAY RECOGNIZE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR FISCAL YEAR 2023. THE MUSEUM FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION. THE MUSEUM IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2020. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES PART III, LINE 1A: THE ART COLLECTION ITEMS, 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 COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED OR AS TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED IN THE YEAR OF ACQUISITION AS CONTRIBUTED REVENUE IN THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATED NET ASSET CLASSES. PART III, LINE 4: BOISE ART MUSEUM'S PERMANENT COLLECTION HAS BEEN DEVELOPED IN SUPPORT OF THE MUSEUM'S MISSION TO CREATE VISUAL ARTS EXPERIENCES, ENGAGE PEOPLE, AND INSPIRE LEARNING THROUGH EXCEPTIONAL EXHIBITIONS, COLLECTIONS, AND EDUCATIONAL OPPORTUNITIES. THE SCOPE OF THE COLLECTION IS PRIMARILY AMERICAN MODERN AND CONTEMPORARY ART, WITH ADDITIONAL FOCUS AREAS OF AMERICAN, ASIAN, EUROPEAN, AND ETHNIC ART. BAM'S REPUTATION AS A HIGH CALIBER VISUAL ARTS ORGANIZATION AND ITS STATUS AS THE ONLY NATIONALLY ACCREDITED COLLECTING ART MUSEUM IN IDAHO HAVE LED TO LARGE GIFTS OF ART FROM NATIONALLY KNOWN COLLECTORS. THE MUSEUM CURRENTLY POSSESSES MORE THAN 4,250 OBJECTS, INCLUDING PAINTINGS, SCULPTURES, DRAWINGS, PRINTS, CERAMICS, PHOTOGRAPHS AND ETHNOGRAPHIC MATERIAL. IN ORDER TO PROVIDE OPPORTUNITIES FOR PUBLIC EXPLORATION AND UNDERSTANDING OF THE COLLECTION AND ITS PURPOSE AS A CULTURAL RESOURCE, THE WORKS IN THE PERMANENT COLLECTION REGULARLY FORM THE BASIS FOR BAM'S EXHIBITIONS AND SERVE AS THE BACKBONE FOR THE DEVELOPMENT OF EDUCATIONAL PROGRAMS. PERMANENT COLLECTION EXHIBITIONS ARE FEATURED REGULARLY IN LECTURES BY ARTISTS AND ART EXPERTS, DROPIN STUDIO PROGRAMS FOR CHILDREN AND ADULTS, ART CLASSES AND CAMPS, AS WELL AS THE MUSEUM'S ARTREACH. IN ADDITION, BAM'S FREE ONLINE ARTREACH PROGRAM, WHICH PROVIDES HANDSON ART LESSONS TO STUDENTS IN RURAL CLASSROOMS AND THROUGHOUT IDAHO, CENTERS ON ARTWORKS FROM THE COLLECTION ALONG WITH SELECT TEMPORARY EXHIBITIONS. THESE ESSENTIAL, MISSIONDRIVEN ACTIVITIES DEPEND UPON THE LONGTERM DEVELOPMENT AND PRESERVATION OF THE COLLECTION, MAKING THIS ONE OF THE MUSEUM'S HIGHEST PRIORITIES. PART V, LINE 4: THE ENDOWMENT FUND OF THE BOISE ART MUSEUM WAS ESTABLISHED TO PROVIDE A SOURCE OF REVENUE FOR THE BOISE ART MUSEUM'S ACTIVITIES IN PERPETUITY. THE PRIMARY GOAL OF THE ENDOWMENT FUND IS TO PROVIDE THE BOISE ART MUSEUM WITH A FLOW OF INCOME TO DEFRAY THE COST OF OPERATING THE BOISE ART MUSEUM. THE PERMANENT ENDOWMENT CAMPAIGN WAS ORIGINALLY LAUNCHED BY THE BOISE ART MUSEUM IN 1982. AFTER 1982, THE ENDOWMENT COMMITTEE PERIODICALLY ADOPTED POLICY STATEMENTS REGARDING THE OPERATION AND INVESTMENT OF THE ENDOWMENT FUND. THE ENDOWMENT COMMITTEE POLICY STATEMENT WAS RESTATED IN ITS ENTIRETY BY THE ENDOWMENT COMMITTEES IN 1989, 2015, AND 2020. ART IN THE PARK 567965 4460 563505 1500 4585 5286 1400 164244 567965 4460 563505 1500 4585 5286 1400 164244 177015 386490 X X 0 0 0 0 0 0 0 0 0 MELANIE FALES EXECUTIVE DIRECTOR/CEO 161107 0 0 0 0 0 6654 0 6250 0 174011 0 0 0 X DONATED LEGAL SERVICES - BAM LEASE 0 12075 FMV X AIP ADVERTISING - TRADE 0 1620 FMV X 150 MEMBERSHIP $10 GIFT CARDS 150 1500 FMV X AIP - BOTTLED WATER - AT COST 0 1080 FMV X BOISE STATE PUBLIC RADIO - TRADE 0 900 FMV X COFFEE SERVICE FOR ARTISTS 0 860 FMV 0 1 0 FORM 990, PART VI, SECTION A, LINE 1A THE GOVERNING BODY OF THE ORGANIZATION DELEGATES BROAD AUTHORITY TO ACT ON ITS BEHALF BETWEEN MEETINGS TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE IS COMPRISED OF THE OFFICERS OF THE BOARD OF TRUSTEES, THE EXECUTIVE DIRECTOR, AND THE IMMEDIATE PAST PRESIDENT OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B COMPLETED COPIES OF THE FORM 990 ARE PRESENTED TO THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO THE BOARD OF TRUSTEES, STAFF AND VOLUNTEERS OF THE MUSEUM. ALL BOARD OF TRUSTEES MEMBERS, STAFF AND VOLUNTEERS ARE REQUIRED TO READ AND SIGN A CODE OF ETHICS POLICY WHICH INCLUDES THE DETAILED CONFLICT OF INTEREST POLICY, WHISTLEBLOWER POLICY AND CODE OF ETHICS FOR ALL MUSEUM RELATED ACTIVITIES. ALL CONFLICTS OF INTEREST ARE REQUIRED TO BE REPORTED TO IMMEDIATE SUPERVISORS, THE DIRECTOR OR THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. IF A CONFLICT OF INTEREST HAS BEEN REPORTED OR IS DETERMINED TO EXIST, ANY BOARD MEMBERS INVOLVED ARE NOT ALLOWED TO VOTE ON THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION DETERMINES COMPENSATION USING PROFESSIONAL SALARY REVIEWS FROM MUSEUM PROFESSIONAL ORGANIZATIONS AND NONPROFIT COMPENSATION DATA FOR THE STATE AND REGION. THE BOARD OF TRUSTEES DETERMINES AND REVIEWS COMPENSATION ANNUALLY. THE LAST COMPENSATION COMPARISON REVIEW WAS PERFORMED IN JANUARY 2023. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE UPON REQUEST AND APPROVAL BY THE EXECUTIVE DIRECTOR. FORM 990, PART XI, LINE 9: PURCHASED WORKS OF ART -49,550. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.