2026-05-13T13:48:55-05:00 2025-06-30 340677006 MALONEY NOVOTNY LLC 1111 SUPERIOR AVE SUITE 700 CLEVELAND OH 441142540 990 2024-07-01 463140140 GRAHAM GUND GALLERY GRAH 7404275172 209 CHASE AVENUE GAMBIER OH 43022 JULIE KORNFELD PRESIDENT 7404275181 2026-05-08 1 0 CHRISTOPHER B ANDERSON P00226559 2163630100 2024 2025-03-06 01:10:19Z DAISY DESROSIERS 209 CHASE AVENUE GAMBIER OH 43022 1969243 0 X WWW.GUNDGALLERY.ORG X 2012 OH THE GUND CREATES NEW WAYS TO EXPERIENCE AND LEARN FROM MODERN AND CONTEMPORARY ART IN AN ACADEMIC SETTING, INVITING INQUIRY, CONNECTING STUDENTS, ARTISTS, AND LIFELONG LEARNERS, AND INSPIRING COLLABORATIVE ACTION TOWARD A BETTER FUTURE." IN ADDITION, THE GUND HAS ADOPTED KENYON COLLEGE'S VALUES: INTELLECTUAL EMPOWERMENT AND CREATIVITY; EMBRACING DIFFERENCES; KINDNESS, RESPECT, AND INTEGRITY; AND ENDURING CONNECTIONS TO PEOPLE AND PLACE, AND PERSONALIZED THEM TO ITS ROLE AS A NEXUS FOR MODERN AND CONTEMPORARY ART. 17 17 0 0 0 0 2369281 1609273 16034 13732 394819 346238 0 0 2780134 1969243 0 0 0 0 819936 865090 0 0 34101 946218 1045956 1766154 1911046 1013980 58197 10275480 11028604 42910 61624 10232570 10966980 X THE GUND CREATES NEW WAYS TO EXPERIENCE AND LEARN FROM MODERN AND CONTEMPORARY ART IN AN ACADEMIC SETTING, INVITING INQUIRY, CONNECTING STUDENTS, ARTISTS, AND LIFELONG LEARNERS, AND INSPIRING COLLABORATIVE ACTION TOWARD A BETTER FUTURE." IN ADDITION, THE GUND HAS ADOPTED KENYON COLLEGE'S VALUES: INTELLECTUAL EMPOWERMENT AND CREATIVITY; EMBRACING DIFFERENCES; KINDNESS, RESPECT, AND INTEGRITY; AND ENDURING CONNECTIONS TO PEOPLE AND PLACE, AND PERSONALIZED THEM TO ITS ROLE AS A NEXUS FOR MODERN AND CONTEMPORARY ART. 0 0 1705211 0 13732 THE GRAHAM GUND GALLERY IS A VISUAL ARTS CENTER AT KENYON COLLEGE. IT EXISTS TO BE A CUTTING-EDGE PRODUCER OF CHALLENGING NEW KNOWLEDGE ABOUT THE VISUAL. THE GALLERY IS A DYNAMIC 31,000 SQUARE FOOT SPACE DEDICATED TO ENHANCING KENYON COLLEGE'S LIBERAL ARTS CURRICULUM THROUGH PROVOCATIVE EXHIBITIONS AND COLLABORATIVE EDUCATIONAL OPPORTUNITIES. THE GALLERY IS NAMED AFTER GRAHAM GUND, A 1963 GRADUATE OF KENYON COLLEGE AND BOSTON-BASED ARCHITECT AND NOTED ART COLLECTOR. 1705211 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 OH X NICHOLAS NEUERER 7404275172 209 CHASE AVENUE GAMBIER OH 43022 KIM DAVIDSON TRUSTEE 1.00 0.00 X 0 0 0 SAMIE FALVEY TRUSTEE 1.00 0.00 X 0 0 0 PAUL GOLDBERGER TRUSTEE 1.00 0.00 X 0 0 0 GREGORY V GOODING TRUSTEE 1.00 0.00 X 0 0 0 GRAHAM GUND TRUSTEE 1.00 0.00 X 0 0 0 HALLEY K HARRISBURG TRUSTEE 1.00 0.00 X 0 0 0 PAMELA HOEHN-SARIC CHAIR 1.00 0.00 X 0 0 0 DAVID HORVITZ TRUSTEE 1.00 0.00 X 0 0 0 GILBERT C MEISTER JR TRUSTEE 1.00 0.00 X 0 0 0 GREGORY NOSAN TRUSTEE 1.00 0.00 X 0 0 0 DAN PATTERSON TRUSTEE 1.00 0.00 X 0 0 0 STEWART PECK TRUSTEE 1.00 0.00 X 0 0 0 RONALD PIZZUTI TRUSTEE 1.00 0.00 X 0 0 0 STEPHANIE BLOCK REED TRUSTEE 1.00 0.00 X 0 0 0 LISA BETSON RESNIK TRUSTEE 1.00 0.00 X 0 0 0 MARK ROSENTHAL TRUSTEE 1.00 0.00 X 0 0 0 TIMOTHY WHEALON TRUSTEE 1.00 0.00 X 0 0 0 DAISY DESROSIERS DIRECTOR AND CHIEF CURATOR 35.00 0.00 X 179846 0 47019 JULIE KORNFELD PRESIDENT 1.00 40.00 X 0 766058 138194 TODD BURSON VP FOR FINANCE 1.00 40.00 X 0 233513 54192 179846 999571 239405 1 0 1 0 ROSS FINE ART SERVICES LLC 614 E JENKINS ST COLUMBUS OH 43207 ARTWORK TRANSPORTATION 101987 1 776767 43299 789207 69998 1609273 EXHIBITION LOAN PROG. 900099 13732 13732 13732 114290 114290 231948 0 231948 231948 231948 1969243 13732 0 346238 X 214145 149901 32122 32122 478233 478233 36432 36432 91047 91047 45233 41275 1979 1979 2600 2600 289742 289742 349 349 68112 68112 11989 11989 180828 45795 135033 1050 1050 ART COLLECTION ACQUISIT 227771 227771 FEES & HONORARIA 139273 139273 POSTAGE & SHIPPING 102259 102259 COMMUNICATIONS 6150 6150 15833 15833 1911046 1705211 171734 34101 1934921 1748383 105505 0 33657 35528 8201397 9235723 0 8970 10275480 11028604 42910 61624 42910 61624 X 39264 8088 10193306 10958892 10232570 10966980 10275480 11028604 58197 676213 0 X 0 1 X 0 0 X 4104510 4640119 1622929 2419281 1609273 14396112 4104510 4640119 1622929 2419281 1609273 14396112 3034329 11361783 147127 98765 96268 75264 114290 531714 14927826 44718 0.76110 0.60040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 8298206 352350 974343 204965 9419934 6496366 1075000 917956 191116 8298206 5400358 800000 377584 81576 6496366 4854857 951031 -377511 28019 5400358 3023238 876375 1046144 90900 4854857 0.00142 0.75061 0.24797 0 1 1 0 X PART III, LINE 1A: FINANCIAL STATEMENT FOOTNOTE REGARDING ART COLLECTION - THE FOLLOWING FOOTNOTE IS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS: COLLECTIONS AND WORKS OF ART - COLLECTIONS ARE NOT CAPITALIZED UNDER THE PROVISIONS OF ASC 958-605, REVENUE RECOGNITION - CONTRIBUTIONS RECEIVED. ALL WORKS OF ART AND COLLECTIONS ARE HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH; ARE PROTECTED, KEPT UNENCUMBERED, CARED FOR AND PRESERVED; AND ARE SUBJECT TO POLICIES GOVERNING THEIR USE. PRIOR TO ASC 958-605 ADOPTION, THE COLLEGE (KENYON COLLEGE, A RELATED SECTION 501(C)(3) EDUCATIONAL INSTITUTION AND SOLE MEMBER OF THE GALLERY) DID CAPITALIZE WORKS OF ART AND COLLECTIONS. PART III, LINE 4: DESCRIPTION OF ART COLLECTION - THE GUND GALLERY PRIORITIZES MODERN AND CONTEMPORARY ART FOR ITS GALLERY COLLECTION, WHICH IS SEPARATE FROM KENYON COLLEGE'S ART COLLECTION. A COLLECTION FOCUS ON MODERN AND CONTEMPORARY ART PRESENTS AN OPPORTUNITY FOR THE GUND GALLERY TO ASSIST KENYON COLLEGE IN UNIQUELY POSITIONING ITSELF AS A TOP-TIER LIBERAL ARTS COLLEGE IN THE UNITED STATES. THIS FOCUS ALSO CAPITALIZES ON THE STRENGTHS OF THE COLLECTING EXPERTISE OF ALUMNI, DONORS, AND FRIENDS OF KENYON COLLEGE. FINALLY, THE GALLERY COLLECTION FOCUS PRESENTS OPPORTUNITIES FOR CONTEMPORARY ART TO BE COMMISSIONED OR GIFTED BY ARTISTS WHO MAY BE AFFILIATED WITH THE PROGRAMMING OF THE GUND GALLERY THROUGH RESIDENCIES, EXHIBITIONS, VISITING ARTIST TALKS, AND OTHER PROGRAMMATIC FORMATS. PART V, LINE 4: INTENDED USE OF ENDOWMENT FUNDS - THE GALLERY USES ITS ENDOWMENT FUNDS TO SUPPORT ITS ART AND EDUCATIONAL ACTIVITIES. PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE - THE FOLLOWING FOOTNOTE APPEARS IN THE CONSOLIDATED FINANCIAL STATEMENTS OF KENYON COLLEGE, THE GRAHAM GUND GALLERY, AND OTHER RELATED ENTITIES: FEDERAL INCOME TAXES - THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE COLLEGE, THE KENYON REVIEW, THE GUND GALLERY, THE KOKOSING NATURE PRESERVE AND THE PHILANDER CHASE CONSERVANCY ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS PUBLIC CHARITIES DESCRIBED IN SECTION 501(C)(3); ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME TAXES HAS BEEN MADE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE KENYON INN MANAGEMENT COMPANY IS SUBJECT TO FEDERAL INCOME TAXES, WHICH FOR JUNE 30, 2025 AND 2024 WERE NOT SIGNIFICANT TO THESE CONSOLIDATED FINANCIAL STATEMENTS. THERE WERE NO UNRECOGNIZED TAX BENEFITS AS OF JUNE 30, 2025. THE INCOME TAX RETURNS FOR ALL ENTITIES REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, AS WELL AS VARIOUS STATE AND LOCAL TAXING AUTHORITIES, GENERALLY FOR THREE YEARS. 0 0 0 0 0 0 0 0 0 JULIE KORNFELD PRESIDENT 0 591058 0 175000 0 0 0 81350 0 56844 0 904252 0 0 TODD BURSON VP FOR FINANCE 0 233513 0 0 0 0 0 23281 0 30911 0 287705 0 0 DAISY DESROSIERS DIRECTOR AND CHIEF CURATOR 179846 0 0 0 0 0 32515 0 14504 0 226865 0 0 0 X 22 22 $1 NOMINAL VALUE X 3 69976 STOCK QUOTE 4 0 1 1 PART I, LINE 32B: USE OF THIRD PARTIES - THE GALLERY USES A SECURITIES BROKER TO SELL CERTAIN DONATED SECURITIES. THE BROKER'S FEES ARE AT OR BELOW FAIR MARKET VALUE FOR ITS SERVICES. PART I, LINE 33: REVENUE NOT REPORTED FOR CERTAIN CONTRIBUTIONS - THE GALLERY DOES NOT BOOK REVENUE (OR ASSIGNS A NOMINAL VALUE OF $1) FOR CERTAIN GIFTS OF ART. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PERMIT THE GALLERY TO NOT RECOGNIZE REVENUE FOR ART. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF THE ORGANIZATION - THE SOLE MEMBER OF THE GRAHAM GUND GALLERY IS KENYON COLLEGE. FORM 990, PART VI, SECTION A, LINE 7A MEMBER'S POWER TO ELECT TRUSTEES - AS THE SOLE MEMBER, KENYON COLLEGE HAS THE POWER TO APPOINT ALL OF THE BOARD MEMBERS OF THE GRAHAM GUND GALLERY. FORM 990, PART VI, SECTION A, LINE 7B APPROVAL OF DECISIONS OF GOVERNING BODY - AS THE SOLE MEMBER, KENYON COLLEGE HAS APPROVAL RIGHTS OVER THE DECISIONS OF THE BOARD OF TRUSTEES OF THE GRAHAM GUND GALLERY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW - FORM 990 IS REVIEWED BY THE DIRECTOR AND CHIEF CURATOR, THE VP FOR FINANCE AND CONTROLLER OF KENYON COLLEGE, AND CERTAIN BOARD MEMBERS OF KENYON COLLEGE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 PROVIDED TO GOVERNING BODY - THE ORGANIZATION HAS DISTRIBUTED FORM 990 TO THE FULL BOARD OF TRUSTEES WITH THE EXCEPTION OF DONOR INFORMATION ON SCHEDULE B. BECAUSE OF SCHEDULE B'S PRIVATE AND CONFIDENTIAL NATURE, THE BOARD HAS DELEGATED THE AUTHORITY AND RESPONSIBILITY FOR REVIEWING THAT SCHEDULE TO THE CHAIR OF THE BOARD AND THE CHAIR OF THE AUDIT AND RISK COMMITTEE OF KENYON COLLEGE, THE SOLE MEMBER OF THE GRAHAM GUND GALLERY. AS SUCH, WE ARE REQUIRED TO ANSWER "NO" TO THE QUESTION ON LINE 11A EVEN THOUGH A COPY OF FORM 990 (WITH REDACTED DONOR INFORMATION ON SCHEDULE B) WAS PROVIDED TO THE TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF CONFLICT POLICY - THE ORGANIZATION'S CONFLICT POLICY IS DISTRIBUTED AT THE FALL MEETING OF THE BOARD OF TRUSTEES. ANNUALLY, OFFICERS AND TRUSTEES ARE ASKED TO DISCLOSE CONFLICTS, AND THESE DISCLOSURES ARE MONITORED. IF A CONFLICT ARISES, THE PERSON IS NOT PERMITTED TO VOTE OR PARTICIPATE IN THE DISCUSSION OF THE PROPOSED TRANSACTION. PEOPLE WHO ARE INDEPENDENT OF THE INDIVIDUAL MAKE THE DECISION ON THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION REVIEW AND APPROVAL - THERE IS NO STANDING BOARD COMMITTEE FOR COMPENSATION FOR THE OFFICERS AND OTHER EMPLOYEES OF THE GRAHAM GUND GALLERY. THE GALLERY MIRRORS THE STANDARD PERCENTAGE COST OF LIVING INCREASES FROM KENYON COLLEGE, THE SOLE MEMBER OF THE GRAHAM GUND GALLERY. THE BOARD OF THE GRAHAM GUND GALLERY APPROVES ANY ADJUSTMENT TO BASE SALARIES ABOVE THIS STANDARD PERCENTAGE IN A GIVEN YEAR DURING AN EXECUTIVE SESSION OF A BOARD MEETING. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS - THE ORGANIZATION DOES NOT MAKE ITS FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, OR CONFLICT POLICY AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G OUTSIDE CONTRACTING: PROGRAM SERVICE EXPENSES 288,407. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 288,407. DESIGN&CONSTRUCTION SERVICES: PROGRAM SERVICE EXPENSES 1,335. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,335. KENYON COLLEGE 209 CHASE AVENUE GAMBIER OH 43022 314379507 COLLEGE OH 501(C)(3) LINE 2 N/A 0 THE KENYON REVIEW 209 CHASE AVENUE GAMBIER OH 43022 311443804 PUBLICATIONS OH 501(C)(3) LINE 7 KENYON COLLEGE 0 PHILANDER CHASE CORPORATION 209 CHASE AVENUE GAMBIER OH 43022 311711213 LAND PRESERVATION OH 501(C)(3) LINE 12A, I KENYON COLLEGE 0 KOKOSING NATURE PRESERVE 209 CHASE AVENUE GAMBIER OH 43022 472482300 CEMETERY OH 501(C)(13) N/A KENYON COLLEGE 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0