2025-11-11T14:00:28-06:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 600 3RD AVENUE SE SUITE 300 CEDAR RAPIDS IA 52401 990 2024-07-01 420680248 CEDAR RAPIDS MUSEUM OF ART CEDA 3193667503 410 3RD AVENUE SE CEDAR RAPIDS IA 52401 SEAN ULMER EXECUTIVE DIRECTOR 3193667503 2025-11-10 1 1 DAVID LITTLE P01480921 3193632697 2025-11-10 2024 2025-03-06 01:10:19Z SEAN ULMER 410 3RD AVENUE SE CEDAR RAPIDS IA 52401 1159649 0 X WWW.CRMA.ORG X 1911 IA TO EXCITE, ENGAGE, AND EDUCATE THROUGH THE ARTS. 24 24 24 196 0 0 698116 755540 47287 44479 283997 280563 -20484 -17350 1008916 1063232 0 0 0 0 638702 680133 0 0 78280 789724 737633 1428426 1417766 -419510 -354534 11286657 11225411 262388 208399 11024269 11017012 TO EXCITE, ENGAGE AND EDUCATE THROUGH THE ARTS. 0 0 1105433 0 44479 THE CEDAR RAPIDS MUSEUM OF ART (CRMA) MAINTAINS AND OPERATES AN ART MUSEUM WITH A PERMANENT COLLECTION OF APPROXIMATELY 8,000 WORKS OF ART. CRMA HAS SIXTEEN GALLERIES IN WHICH IT ORGANIZES A DOZEN OR MORE EXHIBITIONS ANNUALLY. CRMA IS OPEN SIX DAYS A WEEK AND RECEIVES MORE THAN 30,000 VISITORS ANNUALLY, INCLUDING SEVERAL THOUSAND CHILDREN. MANY EDUCATIONAL PROGRAMS ARE HELD AT THE MUSEUM AND AT OFFSITE LOCATIONS, INCLUDING PUBLIC LIBRARIES. CRMA ALSO OWNS THE ORIGINAL GRANT WOOD STUDIO, A NEARBY HISTORIC HOUSE PROPERTY WHERE THE AMERICAN ARTIST LIVED FROM 1924-1935. THE STUDIO IS OPEN FOR FREE TOURS ON MOST WEEKENDS APRIL THROUGH DECEMBER. 1105433 1 1 0 0 0 0 0 1 0 1 1 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 0 0 1 1 0 0 0 0 0 0 0 1 2 0 1 24 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 X X PAM ALLEN 3193667503 410 3RD AVENUE SE CEDAR RAPIDS IA 52401 JONES SAM PRESIDENT 1.00 0.00 X X 0 0 0 RINGS RANDY VICE PRESIDENT 1.00 0.00 X X 0 0 0 KARL JOANA SECRETARY 1.00 0.00 X X 0 0 0 BRIGHT DAVID TREASURER 1.00 0.00 X X 0 0 0 BAKER JOHN TRUSTEE 1.00 0.00 X 0 0 0 CALMAN BRENDA TRUSTEE 1.00 0.00 X 0 0 0 CHARLES TIM TRUSTEE 1.00 0.00 X 0 0 0 COLLER BRIAN TRUSTEE 1.00 0.00 X 0 0 0 DEBOOM TOM TRUSTEE 1.00 0.00 X 0 0 0 DUSEK DINA TRUSTEE 1.00 0.00 X 0 0 0 GONDER JACK TRUSTEE 1.00 0.00 X 0 0 0 HEINS KISSY TRUSTEE 1.00 0.00 X 0 0 0 HOLLENBECK RYAN TRUSTEE 1.00 0.00 X 0 0 0 LASANSKY DIEGO TRUSTEE 1.00 0.00 X 0 0 0 LIVENGOOD HILERY TRUSTEE 1.00 0.00 X 0 0 0 MCCARTAN WILLIAM TRUSTEE 1.00 0.00 X 0 0 0 MINETTE KATE TRUSTEE 1.00 0.00 X 0 0 0 MITCHELL ELIZABETH TRUSTEE 1.00 0.00 X 0 0 0 MORAN MEGAN TRUSTEE 1.00 0.00 X 0 0 0 ROGERS JENNIFER TRUSTEE 1.00 0.00 X 0 0 0 SEELMAN BRETT TRUSTEE 1.00 0.00 X 0 0 0 SEVERIN STEPHANIE TRUSTEE 1.00 0.00 X 0 0 0 SHIVE CINDE TRUSTEE 1.00 0.00 X 0 0 0 WOOLSTENHULME MICAH TRUSTEE 1.00 0.00 X 0 0 0 ULMER SEAN EXECUTIVE DIRECTOR 40.00 0.00 X 128260 0 14971 128260 0 14971 1 0 0 0 0 196446 39501 193811 45354 280428 755540 ADMISSIONS 713990 39654 39654 FACILITY RENTAL 532000 4825 4825 44479 244329 244329 36234 0 36234 36234 36234 0 193811 54271 -54271 -54271 70436 42146 28290 28290 OTHER INCOME 900099 8631 8631 8631 1063232 44479 0 263213 151292 113469 22694 15129 437527 335469 61235 40823 6670 5753 813 104 44786 33589 6615 4582 39858 29893 5979 3986 356 356 23271 23271 27736 27736 3411 3411 10235 8802 1228 205 37776 32487 4533 756 30999 26659 3720 620 232618 200052 27914 4652 1284 1104 154 26 10331 8884 1240 207 299706 257747 35965 5994 48394 41619 5807 968 RECEPTION/MEMBER RELATI 5016 4314 602 100 ART ACQUISITION 400 344 48 8 STAFF TRAINING 100 86 12 2 6000 5162 720 118 1417766 1105433 234053 78280 285352 381183 384184 179985 1248522 1245196 54880 54720 27062 28751 12044995 8847952 3496749 3197043 5337192 5666241 452716 472292 11286657 11225411 8530 5180 93800 50500 160058 152719 262388 208399 X 4431964 4379367 6592305 6637645 11024269 11017012 11286657 11225411 -354534 350603 -3326 0 X X 1 X 0 1 0 X 878696 1506585 822871 698117 755540 4661809 62507 62371 62227 62076 61918 311099 941203 1568956 885098 760193 817458 4972908 881183 4091725 112331 232676 206157 199244 244329 994737 41994 10733 2767 2892 8631 67017 6034662 609197 0.67800 0.68870 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 41,994. 2021 AMOUNT: $ 10,733. 2022 AMOUNT: $ 2,767. 2023 AMOUNT: $ 2,892. 2024 AMOUNT: $ 8,631. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 1 5556497 521157 193381 22317 6248718 4851331 543749 182488 21071 5556497 4215668 479869 175453 19659 4851331 4475263 630253 -702155 164973 22720 4215668 3623245 1037654 166992 18644 4475263 0.36270 0.63730 0.00000 1 0 466554 466554 11169144 8438655 2730489 409297 409297 0 3197043 1472991 350603 61918 54271 466792 1006199 27736 29297 57033 1063232 1480248 65244 54271 119515 1360733 27736 29297 57033 1417766 PART III, LINE 1A: THERE ARE NO FOOTNOTES PROVIDED AS PART OF THE COMPILED FINANCIAL STATEMENTS. THE COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE INCEPTION OF THE MUSEUM, 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 ON THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. PART III, LINE 4: CRMA COLLECTS A WIDE VARIETY OF ART, COVERING SEVERAL GEOGRAPHIC LOCATIONS, TIME PERIODS, AND MEDIA. IT IS PRIMARILY KNOWN FOR ITS HOLDINGS OF AMERICAN ART, ESPECIALLY FROM THE FIRST HALF OF THE TWENTIETH CENTURY. CRMA HOUSES THE WORLD'S LARGEST COLLECTIONS OF WORK BY SEVERAL KEY ARTISTS, INCLUDING GRANT WOOD, MARVIN CONE, MAURICIO LASANSKY, AND MALVINA HOFFMAN. WHILE WE ARE A PRIVATE NON-PROFIT ORGANIZATION, WE HOLD THESE WORKS IN THE PUBLIC TRUST. WE TAKE GREAT EFFORTS TO MAXIMIZE ACCESSIBILITY TO THE COLLECTIONS, FROM KEEPING ADMISSION PRICES AS LOW AS POSSIBLE TO OFFERING SEVERAL FREE ADMISSION OPPORTUNITIES EACH YEAR. WE ROTATE THE COLLECTION FREQUENTLY TO MAXIMIZE THE NUMBER AND VARIETY OF WORKS A VISITOR MIGHT ENCOUNTER DURING DIFFERENT VISITS. PART V, LINE 4: THE ENDOWMENTS CONSIST OF VARIOUS FUNDS ESTABLISHED TO SUPPORT CAPITAL, PROGRAMMING, AND THE GENERAL OPERATING NEEDS OF CRMA. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSES 54,271. PART XI, LINE 4B - OTHER ADJUSTMENTS: NON-DIRECT INVENTORY SALES EXPENSE 29,297. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSES 54,271. PART XII, LINE 4B - OTHER ADJUSTMENTS: NON-DIRECT INVENTORY SALES EXPENSE 29,297. PART XI AND PART XII: SCHEDULE D, PART XI, LINE 1 AND SCHEDULE D, PART XII, LINE 1 ARE BEING DRAWN FROM THE COMPILED FINANCIAL STATEMENTS. THE ORGANIZATION'S FINANCIAL STATEMENTS HAVE NOT BEEN AUDITED. GALA 2024 193811 193811 54271 193811 193811 54271 54271 -54271 X 8 FMV 0 0 1 0 PART I, COLUMN (B): LINE 1: THE FIGURE REPRESENTS THE NUMBER OF ITEMS DONATED TO THE COLLECTION. PART I, LINE 33: THE "ART - WORKS OF ART" NON-CASH CONTRIBUTIONS RECEIVED WERE ADDITIONS TO CRMA'S COLLECTION; AS ALLOWABLE UNDER SFAS 116 (ASC 958), CRMA DOES NOT INCLUDE THE COLLECTION OR CONTRIBUTED COLLECTION ITEMS ON ITS FINANCIAL STATEMENTS, AND AS SUCH NO VALUE HAS BEEN ASSIGNED TO THESE ITEMS ON SCHEDULE M. DONATED ITEMS INCLUDED VARIOUS WORKS OF ART. FORM 990, PART VI, SECTION A, LINE 8B THE AMENDED AND RESTATED BYLAWS OF THE CEDAR RAPIDS MUSEUM OF ART, ARTICLE I AND ARTICLE II DELEGATES THE AUTHORITY TO THE BOARD OF TRUSTEES AND COMMITTEES AND OUTLINES THE DUTIES OF EACH. PER THE ARTICLES, THE BOARD OF TRUSTEES MAY APPOINT MEMBERS OF THE COMMUNITY AT LARGE TO SERVE ON THE STANDING COMMITTEES. CURRENTLY WE HAVE THREE COMMITTEE MEMBERS WHO ARE NOT TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. A COPY OF THE FORM 990 IS GIVEN TO THE FINANCE COMMITTEE FOR THEIR REVIEW AND APPROVAL. AFTER THEIR REVIEW AND APPROVAL, THE FINAL VERSION OF THE FORM 990 IS PROVIDED TO THE ENTIRE BOARD OF TRUSTEES PRIOR TO THE RETURN BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, ALL BOARD TRUSTEES ARE REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST STATEMENT. ALL STATEMENTS ARE REVIEWED BY THE EXECUTIVE COMMITTEE. IF THEY DETERMINE THERE IS A CONFLICT, THE TRUSTEE IS REQUIRED TO ABSTAIN FROM DISCUSSION AND VOTING. POTENTIAL CONFLICTS AND THOSE THAT ARE DETERMINED TO BE CONFLICTS ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15A EXECUTIVE DIRECTOR COMPENSATION IS SET BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES AND IS RECORDED IN THE MINUTES OF THE COMMITTEE. THIS DECISION IS MADE KNOWN ANNUALLY TO THE FULL BOARD OF TRUSTEES. ANNUAL COMPENSATION IS SET IN ACCORDANCE WITH ANNUAL GOALS SET BY THE EXECUTIVE COMMITTEE. THE COMMITTEE TAKES INTO ACCOUNT COMPARABLE SALARIES BY OBTAINING SALARY SURVEYS. THIS PROCESS WAS LAST COMPLETED IN 2025. FORM 990, PART VI, SECTION C, LINE 19 CRMA MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE SELECTION AND OVERSIGHT PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.