2026-04-15T07:52:30-05:00 2025-06-30 430765316 RUBINBROWN LLP 7676 FORSYTH BLVD SUITE 2100 SAINT LOUIS MO 63105 990 2024-07-01 431489756 THE SHELDON ARTS FOUNDATION SHEL 3145339900 3648 WASHINGTON BLVD SAINT LOUIS MO 63108 PETER PALERMO EXECUTIVE DIRECTOR 3145339900 2026-04-15 1 1 KIMBERLY A RYAN P00829977 3142903300 2024 2025-03-06 01:10:19Z PETER PALERMO 3648 WASHINGTON BLVD SAINT LOUIS MO 63108 6236393 0 X THESHELDON.ORG X 1989 MO THROUGH THE POWER OF MUSIC AND ART, THE SHELDON ENSURES THAT ALL HAVE ACCESS TO UNIQUE, RELEVANT AND INVENTIVE EXPERIENCES THAT CHANGE LIVES AND STRENGTHEN OUR COMMUNITY. 36 36 69 75 312261 0 4915008 3628132 623113 704558 293912 37967 806911 685357 6638944 5056014 11545 45985 0 0 1623012 1616167 0 0 436870 2514729 2690817 4149286 4352969 2489658 703045 20005380 21524041 521487 1178501 19483893 20345540 X THROUGH THE POWER OF MUSIC AND ART, THE SHELDON ENSURES THAT ALL HAVE ACCESS TO UNIQUE, RELEVANT AND INVENTIVE EXPERIENCES THAT CHANGE LIVES AND STRENGTHEN OUR COMMUNITY. 0 0 1504635 45985 1001915 MUSICAL AND EDUCATIONAL PROGRAMS: THE SHELDON SEEKS TO PRESENT QUALITY MUSIC IN MANY DIVERSE GENRES. 41 IN PERSON CONCERTS THIS YEAR WERE SUCCESSFULLY PRESENTED IN THE HISTORIC SHELDON CONCERT HALL TO APPROXIMATELY 15,587 PATRONS. THE SHELDON ALSO SEEKS TO INTRODUCE, BUILD AN APPRECIATION FOR AND IN SOME CASES ADVANCE THE ARTISTIC CAPABILITIES OF YOUNG PEOPLE IN BOTH MUSIC AND THE VISUAL ARTS. THE SHELDON'S EDUCATION PROGRAMS REACHED A TOTAL OF 14,505 STUDENTS THROUGH A COMBINATION OF 27 LIVE PERFORMANCES, ITS STREAMING PLATFORM BEING DOWNLOADED DIRECTLY TO 1,929 STUDENTS, IN ADDITION TO EDUCATORS VISITING 4 SCHOOLS WITH OUR SOUND STUDIO PROGRAM AND AN ADDITIONAL 33 SCHOOLS WITH OUR SOLID (SCIENCE OF LEARNING INSTRUMENT DESIGN) PROGRAM. THESE IMPORTANT EDUCATION PROGRAMS INTRODUCE CHILDREN TO A WIDE RANGE OF MUSIC - INCLUDING JAZZ, FOLK, CLASSICAL, BLUES, WORLD MUSIC, AND MORE, WEAVING IN GRADE-RELEVANT LESSONS IN LITERACY, SOCIAL STUDIES, AND ST. LOUIS AND AMERICAN HISTORY. OUR LEWIS & CLARK PROGRAM WAS TAKEN TO MCKENDREE COLLEGE IN LEBANON, IL. THE ALL-STAR CHORUS, MADE UP OF 25 STUDENTS, PERFORMED AT THE UNIVERSITY OF MISSOURI-ST. LOUIS'S TOUHILL PERFORMING ARTS CENTER, CHORUS AMERICA AND THE NATIONAL MUSEUM OF AFRICAN AMERICAN MUSIC IN NASHVILLE, TN. THE SHELDON ART GALLERIES ALSO INTRODUCES YOUNG PEOPLE TO A WIDE RANGE OF VISUAL ARTS - INCLUDING PHOTOGRAPHY, DRAWING, PAINTING, SCULPTURE, AND ARCHITECTURE THROUGH GALLERY TALKS. 1011028 COMMUNITY EVENTS AND BEVERAGE: BEGIN TO REBOUND, WITH SOME DELAYED RECOVERY BECAUSE RENTAL EVENTS TRADITIONALLY BOOK A YEAR IN ADVANCE. 451012 PRESERVATION AND OPERATION OF THE HISTORIC SHELDON CONCERT HALL. 233158 32330 VISUAL ARTS: THE SHELDON SEEKS TO PRESENT QUALITY EXHIBITIONS IN MANY DIVERSE GENRES - 9 EXHIBITIONS WERE SUCCESSFULLY PRESENTED IN THE SHELDON ART GALLERIES THAT SERVED OVER 8,368 ADULTS AND YOUNG PEOPLE. GOLF THE GALLERIES DID NOT TAKE PLACE THIS YEAR DUE TO A FULL RENOVATION OF GALLERY AND HOSPITALITY SPACES WITHIN THE SHELDON. THE SHELDON ART GALLERIES HOSTED 2 ARTIST TALKS ALONG WITH A SPECIAL ARTIST TALK FEATURING MICHAEL WILSON AND LYLE LOVETT, 3 EDUCATION PROGRAMS/WORKSHOPS, A TRUNK SHOW FEATURING 7 ARTISTS, AS WELL AS GALLERY TOURS FOR STUDENTS. 233158 32330 3199833 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 114 0 1 69 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 36 36 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X PETER PALERMO & JULIE PLOWMAN 3145339900 3648 WASHINGTON BOULEVARD ST LOUIS MO 63108 PETER PALERMO EXECUTIVE DIRECTOR 35.00 X 196143 0 25527 JULIE PLOWMAN DEPUTY DIRECTOR/DIRECTOR OF FINANCE 35.00 X 132364 0 28035 CHERYL WALKER CHAIR 1.00 X X 0 0 0 CHRISTOPHER DANFORTH VICE CHAIR 1.00 X X 0 0 0 SUE ENGELHARDT VICE CHAIR 1.00 X X 0 0 0 DAVE GIFFORD VICE CHAIR 1.00 X X 0 0 0 TOM RUWITCH CHAIR - GOVERNANCE 1.00 X X 0 0 0 JERRY GRANT TREASURER/CHAIR - FINANCE 1.00 X X 0 0 0 MARY PATTERSON SECRETARY 1.00 X X 0 0 0 JAMES WATSON IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 ASHLEY CASEY CHAIR - FRIENDS BOARD 1.00 X X 0 0 0 RYAN C EASLEY CHAIR - DEVELOPMENT 1.00 X X 0 0 0 CHRIS J HAGEDORN CHAIR - FACILITIES 1.00 X X 0 0 0 ROBERT WILL CHAIR - PROGRAMMING 1.00 X X 0 0 0 ANNE BANNISTER CHAIR - MARKETING 1.00 X X 0 0 0 YEMI AKANDE-BARTSCH BOARD MEMBER (TERM ENDED 6/25) 1.00 X 0 0 0 KEVIN ALM BOARD MEMBER 1.00 X 0 0 0 CHRISTY BECKMANN BOARD MEMBER 1.00 X 0 0 0 SARAH BRAUER BOARD MEMBER (AS OF 5/25) 1.00 X 0 0 0 ROBERT ENDICOTT BOARD MEMBER 1.00 X 0 0 0 MARK HALTON BOARD MEMBER 1.00 X 0 0 0 DAVID HOHMAN BOARD MEMBER 1.00 X 0 0 0 ROBERT JONES BOARD MEMBER 1.00 X 0 0 0 MARTHA GARCIA KAMPEN BOARD MEMBER (TERM ENDED 6/25) 1.00 X 0 0 0 TAMARA KEEFE BOARD MEMBER 1.00 X 0 0 0 NANCY KRANZBERG BOARD MEMBER (TERM ENDED 6/25) 1.00 X 0 0 0 MADT MALLINCKRODT BOARD MEMBER 1.00 X 0 0 0 RICHARD MARRIOTT JR BOARD MEMBER 1.00 X 0 0 0 JURI MCDOWELL MD BOARD MEMBER (TERM ENDED 1/25) 1.00 X 0 0 0 JACK MUSGRAVE BOARD MEMBER 1.00 X 0 0 0 NINA NEEDLEMAN BOARD MEMBER 1.00 X 0 0 0 PETER NOONAN BOARD MEMBER 1.00 X 0 0 0 MAURICE QUIROGA BOARD MEMBER 1.00 X 0 0 0 DR RICHARD SHAW BOARD MEMBER 1.00 X 0 0 0 DR THOMAS SILER BOARD MEMBER 1.00 X 0 0 0 LAURA SLAY BOARD MEMBER 1.00 X 0 0 0 MARK STUART-SMITH BOARD MEMBER 1.00 X 0 0 0 THELMA STEWARD BOARD MEMBER 1.00 X 0 0 0 PEGGY W SYMES BOARD MEMBER 1.00 X 0 0 0 THOMAS VANDIVER BOARD MEMBER 1.00 X 0 0 0 MARY PILLSBURY WAINWRIGHT BOARD MEMBER 1.00 X 0 0 0 JOHN WALLACH BOARD MEMBER 1.00 X 0 0 0 MICHAEL WILLIAMS BOARD MEMBER (TERM ENDED 6/25) 1.00 X 0 0 0 328507 0 53562 2 0 1 0 BSI CONSTRUCTORS 6767 SOUTHWEST AVE ST LOUIS MO 63143 CONSTRUCTION SERVICES 1274405 TRIVERS ASSOCIATES INC 380 N 18TH ST STE 100 ST LOUIS MO 63103 ARCHITECTURAL SERVICES 322510 DESIGN COMMUNICATIONS LTD 2351 J LAWSON BLVD STE 100 ORLANDO FL 32824 DESIGN & FABRICATION 192130 BMW ENTERTAINMENT SERVICES PO BOX 21541 ST LOUIS MO 63132 SECURITY SERVICES 138150 4 285989 102791 3239352 80430 3628132 TICKET SALES 711110 704558 704558 704558 192235 192235 687501 643435 44066 44066 44066 246646 209455 191459 37191 -191459 -154268 -154268 11400 285989 63780 -52380 -52380 436234 72250 363984 312261 51723 PARKING 812930 179524 179524 MISCELLANEOUS INCOME 711110 150163 150163 329687 5056014 1034245 312261 81376 45985 45985 407593 194385 173863 39345 951689 554365 202697 194627 11591 7702 1148 2741 139432 85328 25618 28486 105862 59003 28270 18589 8300 1747 3899 2654 32500 6500 19825 6175 14465 14465 185170 123138 48397 13635 138735 91975 41975 4785 372164 319213 44242 8709 149386 132954 16432 339 271 68 675736 594648 81088 118994 104715 14279 ARTIST FEES/PRODUCTION 924695 877674 47021 DEVELOPMENT 70103 70103 230 230 4352969 3199833 716266 436870 2612902 853091 1155887 1444217 1037314 2000930 87073 152495 31858 36455 67422 49093 22833905 9046299 12059663 13787606 2889069 3157058 64192 43096 20005380 21524041 238917 726488 163144 158532 45606 0 73820 293481 521487 1178501 X 13187556 12248750 6296337 8096790 19483893 20345540 20005380 21524041 X 703045 160803 -2201 X 0 1 X 1 0 X 4235904 3105608 1877164 4915008 3628132 17761816 4235904 3105608 1877164 4915008 3628132 17761816 4453155 13308661 108416 635825 666780 1011973 879736 3302730 80601 298186 791618 477557 312261 1960223 23024769 3810955 0.57800 0.54040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 37244 X X 0 2287540 233762 144090 2377212 2257220 248584 218264 2287540 2465475 5000 194745 408000 2257220 2409498 330000 -274023 2465475 1845811 3000 560687 2409498 0.00000 0.42600 0.57400 0 0 777409 777409 16424686 7713589 8711097 5631810 1332710 4299100 13787606 ADVANCE DEPOSITS 50889 CURRENT PORTION OF OPERATING LEASE LIABILITIES 1716 OPERATING LEASE LIABILITIES 4136 REFUNDABLE ADVANCES 236740 293481 5506765 160803 16633 177436 5329329 14465 -287780 -273315 5056014 4645118 16633 289981 306614 4338504 14465 14465 4352969 PART III, LINE 4: ORGANIZATION'S COLLECTIONS: THE SHELDON SEEKS TO PRESENT QUALITY EXHIBITS IN MANY DIVERSE GENRES IN ITS GALLERY. CERTAIN PERMANENT PIECES OF ARTWORK ARE MAINTAINED BY THE SHELDON FOR PUBLIC EXHIBITION. PART V, LINE 4: THE INTENDED USES OF THE SHELDON'S ENDOWMENT FUNDS ARE TO HOLD THE CORPUS IN PERPETUITY. THE EARNINGS WILL BE USED FOR OPERATIONS PER THE SPENDING POLICY ADOPTED BY THE BOARD OF DIRECTORS. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -151,750. COST OF GOODS SOLD -72,250. SPECIAL EVENTS EXPENSES -63,780. PART XII, LINE 2D - OTHER ADJUSTMENTS: UNCOLLECTIBLE PLEDGES 2,201. RENTAL EXPENSES 151,750. COST OF GOODS SOLD 72,250. SPECIAL EVENTS EXPENSES 63,780. ANNUAL GALA 285429 274029 11400 22961 10247 29120 TRIVIA 11960 11960 1452 297389 285989 11400 22961 10247 30572 63780 -52380 1 MUSICAL INSTRUMENTS 268 45985 FMV VARIOUS MUSICAL INSTRUMUENTS X X X X 0 0 0 0 0 0 0 0 0 PETER PALERMO EXECUTIVE DIRECTOR 196143 0 0 0 0 0 3690 0 21837 0 221670 0 0 0 JULIE PLOWMAN DEPUTY DIRECTOR/DIRECTOR OF FINANCE 132364 0 0 0 0 0 4083 0 23952 0 160399 0 0 0 X 5 14860 PUBLICLY TRADED EXCHANGE X MUSICAL INSTRUMENTS 1 60610 FMV X EVENT AUCTION ITEMS 5 4960 FMV 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS MADE TO THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 WAS REVIEWED BY THE FINANCE AND AUDIT COMMITTEE. IN ADDITION, A DRAFT OF THE FORM 990 WAS DISTRIBUTED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C SHELDON BOARD MEMBERS AND STAFF MEMBERS ARE ASKED TO SIGN CONFLICT OF INTEREST STATEMENTS ON AN ANNUAL BASIS. IF A CONFLICT DOES ARISE THE BOARD MEMBER IS ASKED TO ABSTAIN FROM ANY DECISION THAT WOULD BE SEEN AS A POSSIBLE CONFLICT. IF THERE IS A QUESTION AS TO WHETHER A CONFLICT EXISTS, THE MATTER WILL BE REFERRED TO THE GOVERNANCE COMMITTEE WHICH WILL HAVE THE OPPORTUNITY TO INVOLVE THE FINANCE COMMITTEE TO DETERMINE IF THERE IS A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE SALARY AND BENEFITS OF THE EXECUTIVE DIRECTOR ARE DETERMINED BY THE CHAIRMAN OF THE SHELDON'S BOARD OF DIRECTORS IN CONSULTATION WITH THE CHAIRMAN OF THE ADMINISTRATION COMMITTEE AND OTHER OFFICERS OF THE BOARD OF DIRECTORS, AS PART OF THE DEVELOPMENT OF A BALANCED ANNUAL OPERATING BUDGET THAT IS PRESENTED TO AND REVIEWED BY THE FINANCE AND AUDIT COMMITTEE WHICH IS THEN PRESENTED TO THE FULL BOARD OF DIRECTORS FOR APPROVAL. SALARIES AND BENEFITS OF ALL OTHER EMPLOYEES ARE DETERMINED BY THE EXECUTIVE DIRECTOR IN CONSULTATION WITH THE CHAIRMAN OF THE ADMINISTRATION COMMITTEE, AS PART OF THE DEVELOPMENT OF A BALANCED ANNUAL OPERATING BUDGET THAT IS PRESENTED TO AND REVIEWED BY THE FINANCE AND AUDIT COMMITTEE WHICH IS THEN PRESENTED TO THE FULL BOARD OF DIRECTORS FOR APPROVAL. THE EXECUTIVE DIRECTOR AND THE DIRECTOR OF FINANCE PROVIDE RESEARCH INFORMATION AS REQUESTED TO THE CHAIRMAN OF THE BOARD OF DIRECTORS AND THE CHAIRMAN OF THE ADMINISTRATION COMMITTEE ON LOCAL, REGIONAL AND NATIONAL SALARIES FOR ARTS AND NON-PROFIT ORGANIZATION EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE SHELDON'S BOARD OF DIRECTORS LISTING, ANNUAL REPORT, MISSION STATEMENT AND FORM 990 ARE AVAILABLE UPON WRITTEN REQUEST. ALL OTHER DOCUMENTS SUCH AS THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE ALSO AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: WRITE OFF OF UNCOLLECTIBLE PROMISES TO GIVE -2,201.