2024-02-26T10:24:40-06:00 2023-06-30 611064249 DEMING MALONE LIVESAY & OSTROFF PSC 9300 SHELBYVILLE RD STE 1100 LOUISVILLE KY 402225187 990 2022-07-01 610985312 KMAC MUSEUM INC KMAC 5025890102 715 WEST MAIN STREET LOUISVILLE KY 40202 MICHELLE STAGGS EXECUTIVE DIRECTOR 5025890102 2024-02-21 1 MICHELLE STAGGS 999009999 0 CHRISTINE N KOENIG P01022180 5024269660 2024-02-21 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MICHELLE STAGGS 715 WEST MAIN STREET LOUISVILLE KY 40202 2400094 0 X KMACMUSEUM.ORG X 1981 KY KMAC CONNECTS PEOPLE TO ART AND CREATIVE PRACTICE. 30 30 22 210 0 0 2461657 1105183 103281 90464 80975 223539 112732 60891 2758645 1480077 0 0 0 0 685845 866715 0 0 72897 657347 793512 1343192 1660227 1415453 -180150 7413702 6139102 1547162 539165 5866540 5599937 X KMAC IS LOUISVILLE'S PREMIER CONTEMPORARY ART MUSEUM IN DOWNTOWN LOUISVILLE ON MUSEUM ROW. THROUGH EXHIBITIONS, EDUCATION, AND OUTREACH, KMAC WORKS TO CONNECT PEOPLE TO ART AND CREATIVE PRACTICE. 0 0 978134 73374 EXHIBITIONS AND PROGRAMS - THE MUSEUM FEATURES CONTEMPORARY ART THAT EXPLORES CRAFT EMPHASIZING THE TECHNIQUES, MATERIALS AND PROCESS OF CREATIVE EXPRESSION. THE MUSEUM'S GOAL IS TO EDUCATE AND INSPIRE, WHILE PROMOTING A BETTER UNDERSTANDING OF ART AND CRAFT THROUGH EXHIBITIONS, COLLABORATIONS, OUTREACH AND THE PERMANENT COLLECTION. ALLIANCES ARE FORGED WITHIN KENTUCKY, REGIONALLY, NATIONALLY AND INTERNATIONALLY IN ORDER TO PARTICIPATE IN A BROADER CONVERSATION ABOUT ART AND ITS ROLE IN SOCIETY. 238443 73950 EDUCATION - EDUCATIONAL OFFERINGS AT KMAC INCLUDE CAMPS, ARTIST RESIDENCIES, FIELD TRIPS, MOBILE MUSEUMS, FAMILY WORKSHOPS, AND ON AND OFF-SITE WORKSHOPS. FIELD TRIPS INCLUDE A CORE-CONTENT BASED GUIDED TOUR OF EXHIBITS, FOLLOWED BY A HANDS-ON ART PROJECT THAT STUDENTS CAN TAKE HOME. TEACHERS CHOOSE BETWEEN A THEMATIC PROJECT THAT MAKES CONNECTION TO CURRENT EXHIBITS AND A MORE SPECIFIC, HANDS-ON PROJECT TO MAKE CONNECTIONS TO CURRENT CLASSROOM STUDY. POSSIBLE PROJECTS/MEDIA INCLUDE BOOKMAKING, PRINTMAKING, PAINTING, DRAWING, FIBER ART, CERAMICS, WOOD, FOLK ART, MIXED MEDIA AND MORE. THE MOBILE MUSEUM OUTREACH PROGRAM OFFERS HANDS-ON ART PIECES AND PROJECTS WITH 13 DIFFERENT THEMES TO ENGAGE STUDENTS WITH ART OUTSIDE OF THE MUSEUM. THE SCHOLASTIC ARTIST-IN-RESIDENCE PROGRAM BRINGS A PROFESSIONAL ARTIST INTO A SCHOOL TO WORK WITH STUDENTS TO CREATE INDIVIDUAL PROJECTS TO TAKE HOME, OR A GROUP PROJECT FOR THE SCHOOL. STUDENTS AND TEACHERS WORK WITH THE ARTIST IN AN ARTS-RICH EXPERIENCE OVER SEVERAL SCHOOL VISITS THAT CAN LAST UP TO TWO WEEKS. KMAC OFFERS CAMPS THROUGHOUT THE YEAR FOR STUDENTS OF ALL AGES, WEEK-LONG SUMMER CAMPS, SPRING BREAK CAMPS, AND WINTER CAMPS TO INTRODUCE YOUNG ARTISTS TO DIFFERENT ART MEDIA AND ART-MAKING TECHNIQUES. KMAC PROVIDES FAMILY WORKSHOPS, SUITABLE FOR STUDENTS, PARENTS, AND VISITORS OF ALL AGES. THESE DROP-IN WORKSHOPS ARE AVAILABLE WHENEVER SCHOOL IS OUT AND ON SELECT WEEKENDS SO THAT PARTICIPANTS CAN CREATE A WORK OF ART WHILE LEARNING FROM AN ART EDUCATOR OR PROFESSIONAL ARTIST. 1216577 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 37 0 1 22 1 0 0 0 0 0 0 0 0 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 1 0 KY X MICHELLE STAGGS 5025890102 715 WEST MAIN STREET LOUISVILLE KY 40202 GINA DEL NEGRO PRESIDENT 2.00 X X 0 0 0 THERESA CARPENTER BEAMES IMMEDIATE PAST PRESIDENT 2.00 X 0 0 0 HAVEN HARRINGTON III VICE PRESIDENT 2.00 X X 0 0 0 KEVIN KRAMER TREASURER 2.00 X X 0 0 0 CALESIA HENSON SECRETARY 2.00 X X 0 0 0 MARLENE GRISSOM DIRECTOR 2.00 X 0 0 0 ANNA BASS-WILSON DIRECTOR 2.00 X 0 0 0 STEPHANIE HALL BARRETT DIRECTOR 2.00 X 0 0 0 RYAN BERKEY DIRECTOR 2.00 X 0 0 0 STACY BROOKS DIRECTOR 2.00 X 0 0 0 CHRISTINA CARTER DIRECTOR 2.00 X 0 0 0 JULIA CARSTANJEN DIRECTOR 2.00 X 0 0 0 CLAY COOK DIRECTOR 2.00 X 0 0 0 KATHARINE CRAWFORD DIRECTOR 2.00 X 0 0 0 MARY GWYNNE DOUGHERTY DIRECTOR 2.00 X 0 0 0 MARY EASTERLING DIRECTOR 2.00 X 0 0 0 LEONDRA GULLY DIRECTOR 2.00 X 0 0 0 BRANDON JAGGERS DIRECTOR 2.00 X 0 0 0 DANA JOHNSON DIRECTOR 2.00 X 0 0 0 ANDREA PREGLIASCO KINSER DIRECTOR 2.00 X 0 0 0 TRACE MAYER DIRECTOR 2.00 X 0 0 0 LEE MIDDENDORF DIRECTOR 2.00 X 0 0 0 DEBBIE HUDDLESTON MITCHELL DIRECTOR 2.00 X 0 0 0 KATIE MAC MURPHY DIRECTOR 2.00 X 0 0 0 CHASE SPEIDEN DIRECTOR 2.00 X 0 0 0 MATT WATKINS DIRECTOR 2.00 X 0 0 0 SCOTT WEINBERG DIRECTOR 2.00 X 0 0 0 MAUD CABOT WELCH DIRECTOR 2.00 X 0 0 0 CHRIS WELSH DIRECTOR 2.00 X 0 0 0 CHRISTOPHER YOST DIRECTOR 2.00 X 0 0 0 MICHELLE STAGGS EXECUTIVE DIRECTOR 40.00 X 94705 0 3075 JOEY YATES CURATORIAL DIRECTOR 40.00 X 67521 0 2865 162226 0 5940 0 0 0 0 0 115290 16500 124345 387807 461241 1105183 EDUCATION/WORKSHOPS 900099 73950 73950 ADMISSIONS 900099 16514 16514 90464 27973 27973 4031 0 4031 4031 4031 902991 707425 195566 195566 195566 114801 124345 114801 0 154651 97791 56860 56860 1480077 147324 0 227570 180792 112194 55398 13200 593179 475148 86991 31040 2645 2082 444 119 32709 24256 6724 1729 57390 43237 10809 3344 51807 51807 9842 9842 57528 49352 8080 96 29210 28978 232 75212 51450 21358 2404 21854 16327 4312 1215 110871 84468 20730 5673 14341 14312 29 43835 3116 40486 233 172571 130360 32478 9733 20001 15802 3382 817 EDUCATIONAL AND ARTISTI 167811 157839 7314 2658 MISCELLANEOUS 16392 7483 8549 360 PROFESSIONAL DEVELOPMEN 2112 173 1895 44 BAD DEBT 125 125 1660227 1216577 370753 72897 2224847 703289 26099 43433 22972 6952 35625 48151 26014 2805 6042957 2002016 3899146 4040941 1178999 1293531 7413702 6139102 68606 74345 254950 3122 1073606 311698 150000 150000 1547162 539165 X 4600057 4444828 1266483 1155109 5866540 5599937 7413702 6139102 -180150 -86453 0 X 0 1 X 1 0 X 1374465 686765 656157 2461657 1105183 6284227 1374465 686765 656157 2461657 1105183 6284227 1812028 4472199 28114 26370 53732 31570 32004 171790 6456017 457060 0.69270 0.69040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X EDUCATION 0 1247689 137086 91244 1293531 1497021 -156284 93048 1247689 1232129 50000 307338 92446 1497021 1260257 61970 90098 1232129 1215111 50000 70193 75047 1260257 0.12850 0.87150 0 0 643500 643500 4988502 1927527 3060975 96589 74489 22100 314366 314366 4040941 X 1498583 -86453 -86453 1585036 9842 -114801 -104959 1480077 1765186 114801 114801 1650385 9842 9842 1660227 PART III, LINE 1A: KMAC MAINTAINS COLLECTIONS OF ITEMS FOR EXHIBITION PURPOSES. THE COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE KMAC'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED, OR AS DECREASES IN NET ASSETS WITH DONOR RESTRICTIONS IF THE ASSETS USED TO PURCHASE THE ITEMS WERE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. DURING THE YEAR ENDED JUNE 30, 2023, VARIOUS WORKS OF ART WITH A FAIR VALUE OF $319,950 AS DETERMINED BY APPRAISAL WERE DONATED TO THE KMAC COLLECTION. COLLECTIONS ARE HELD FOR PUBLIC EXHIBITION AND EDUCATION RATHER THAN FOR FINANCIAL GAIN AND ARE PROTECTED, KEPT UNENCUMBERED, CARED FOR AND PRESERVED. KMAC'S POLICY IS TO REQUIRE PROCEEDS FROM THE SALES OF COLLECTION ITEMS TO BE USED TO ACQUIRE OTHER COLLECTION ITEMS. ALL COLLECTION ITEMS ARE CATALOGUED, AND ACTIVITIES VERIFYING THE EXISTENCE AND ASSESSING THE CONDITION OF THE COLLECTION ARE PERFORMED CONTINUOUSLY. PART III, LINE 4: THE MUSEUM'S COLLECTIONS ARE ITEMS HELD FOR PUBLIC EXHIBITION AND EDUCATION. THE COLLECTION CONSISTS OF PIECES FEATURING ARTISTS WHO HAVE DEVELOPED A PERSONAL AND HIGHLY CRITICAL DIALOGUE WITH THEIR CHOSEN MATERIALS. THE IDEAS AND ISSUES THAT ARE EXPRESSED IN THE WORKS ON VIEW ARE NURTURED THROUGH A DIVERSITY OF MATERIAL EXPLORATIONS RELATED TO PEN AND INK DRAWING, CERAMICS, WOODWORKING, PAINTING, PHOTOGRAPHY, GLASSMAKING, FILM, VIDEO, AND FOUND OBJECTS. PART V, LINE 4: THE ENDOWMENT FUND WAS ESTABLISHED TO PROVIDE FUNDING FOR THE ORGANIZATION'S OPERATING ACTIVITIES. PART X, LINE 2: KMAC IS EXEMPT FROM FEDERAL, STATE AND LOCAL INCOME TAXES AS AN ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). KMAC FILES INFORMATIONAL TAX RETURNS WITH THE U.S. FEDERAL JURISDICTION AND WITH THE KENTUCKY OFFICE OF THE ATTORNEY GENERAL. INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO KMAC'S TAX-EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. MANAGEMENT DOES NOT BELIEVE THAT KMAC HAS UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. AS OF JUNE 30, 2023 AND 2022, KMAC DID NOT HAVE ANY ACCRUED INTEREST OR PENALTIES RELATED TO INCOME TAX LIABILITIES, AND NO INTEREST OR PENALTIES HAVE BEEN CHARGED TO OPERATIONS FOR THE YEARS THEN ENDED. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES -114,801. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 114,801. KMAC COUTURE 239146 124345 114801 4628 24065 60816 25292 239146 124345 114801 4628 24065 60816 25292 114801 0 X 1 0 0 0 0 PART I, LINE 33: KMAC DOES NOT CAPITALIZE ITS COLLECTIONS AS ALLOWED UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. DURING THE YEAR ENDED JUNE 30, 2023, VARIOUS WORKS OF ART WITH A FAIR VALUE OF $319,950 AS DETERMINED BY APPRAISAL WERE DONATED TO THE KMAC COLLECTION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY MANAGEMENT PRIOR TO FILING. A COPY OF THE FORM 990 IS SUBSEQUENTLY SENT TO EACH BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, MEMBERS OF THE BOARD OF DIRECTORS SIGN A BOARD COMMITMENT FORM INCLUSIVE OF CONFLICT OF INTEREST RESPONSIBILITIES. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION PROCESS FOR THE DIRECTORS IS GOVERNED BY THE BOARD OF DIRECTORS AND ANY COMPENSATION CHANGES MUCH BE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 18 UPON A FORMAL REQUEST BY THE PUBLIC, FOUNDATION, GRANTING AGENCY OR BY A STATE OR FEDERAL GRANTING AGENCY, THE DOCUMENTS ARE EITHER SUPPLIED IN HARD COPY OR IN ELECTRONIC FORMAT. FORM 990, PART VI, SECTION C, LINE 19 UPON A FORMAL REQUEST BY THE PUBLIC, FOUNDATION, GRANTING AGENCY OR BY A STATE OR FEDERAL GRANTING AGENCY, THE DOCUMENTS ARE EITHER SUPPLIED IN HARD COPY OR IN ELECTRONIC FORMAT.