2026-07-10T12:10:23-05:00 2025-08-31 450250958 EIDE BAILLY LLP 18081 BURT ST STE 200 OMAHA NE 680224722 990 2024-09-01 951904692 RIVERSIDE ART MUSEUM RIVE 9516847111 3425 MISSION INN AVENUE RIVERSIDE CA 92501 VALERIE FOUND INTERIM EXECUTIVE DIRECTOR 9516847111 2026-07-10 1 1 MEGAN L KOZIOL CPA P01544037 4023302660 2026-07-10 2024 2025-03-06 01:10:19Z VALERIE FOUND 3425 MISSION INN AVENUE RIVERSIDE CA 92501 4714631 0 X RIVERSIDEARTMUSEUM.ORG X 1954 CA TO INTEGRATE ART INTO THE LIVES OF PEOPLE IN A WAY THAT ENGAGES, INSPIRES, AND BUILDS COMMUNITY. 29 29 59 150 29189 4838 2218302 1664698 1454562 1148269 139073 232294 1070231 1047549 4882168 4092810 0 0 0 0 2513449 2753665 0 0 409441 2409253 1982926 4922702 4736591 -40534 -643781 5979593 5661892 532092 777967 5447501 4883925 X WE UPLIFT DIVERSE ARTISTIC AND CULTURAL VOICES, CULTIVATE INCLUSIVE EXHIBITIONS, COLLECTIONS AND PROGRAMMING, ENGAGE IN TRANSFORMATIVE CONVERSATIONS, AND FOSTER STRONG COMMUNITY CONNECTIONS. 0 0 2082174 1352059 EXHIBITIONS, CURATORIAL, AND COLLECTIONS - RIVERSIDE ART MUSEUM (RAM) PRESENTS, ON AVERAGE, TWENTY EXHIBITS A YEAR AT ITS TWO LOCATIONS, THE RIVERSIDE ART MUSEUM AND THE CHEECH MARIN CENTER FOR CHICANO ART & CULTURE OF THE RIVERSIDE ART MUSEUM. RAM STEWARDS APPROXIMATELY 2,000 OBJECTS IN ITS PERMANENT COLLECTION OF PRINT WORKS (LITHOGRAPHS, SERIGRAPHS, INTAGLIO, MONOTYPE, RELIEF, PHOTOGRAPHS, AND POSTERS), MIXED MEDIA WORKS, AND PAINTINGS AND WATERCOLORS. 709462 612276 EDUCATION - RAM OFFERS CLASSES AND SUMMER PROGRAMS FOR CHILDREN FROM AGES 3 TO 18 YEARS. ADDITIONALLY, RAM GIVES CURRICULUM-BASED ART LESSONS AT LOCAL SCHOOL DISTRICT CLASSROOMS THROUGH ITS ART-TO-GO PROGRAM AND BRINGS STUDENTS TO ITS TWO MUSEUM SITES FOR WALK & WONDER TOURS. THROUGH ITS CREATIVE HORIZONS PROGRAM, RAM PROVIDES ART EDUCATION OPPORTUNITIES TO AT-PROMISE TEENS, YOUTH IN GANG PREVENTION PROGRAMS, AND OTHER JUSTICE-INVOLVED YOUTH. ANNUALLY, ABOUT FIFTY JUSTICE-INVOLVED YOUTH PARTICIPATE IN THIS PROGRAM. TO SUPPORT THE DEVELOPMENT OF LOCAL ARTISTS, RAM OFFERS ADULT CLASSES AND WORKSHOPS, AND HOLDS EXHIBIT-RELATED LECTURES, SYMPOSIUMS, AND TOURS. THE ART-MAKE "52 PROJECT" ENGAGES ADULTS IN A SELF-DIRECTED, GROUP-ENCOURAGED, YEAR-LONG EXPLORATION AND COMMITMENT TO INDIVIDUAL CREATIVITY SUPPORTED BY MUSEUM-BASED GET-TOGETHERS, CULMINATING IN OPPORTUNITIES FOR EXHIBITION AT RAM. 441283 31591 COMMUNITY OUTREACH - RAM PROVIDES ARTS ACTIVITIES AT LOCAL FESTIVALS AND COMMUNITY EVENTS (ESPECIALLY IN RIVERSIDE'S EASTSIDE NEIGHBORHOOD). RAM COLLABORATES WITH COMMUNITY PARTNERS AND RIVERSIDE RESIDENTS TO PAINT MURALS AT NEIGHBORHOOD SITES. RAM ALSO WORKS WITH THE CITY OF RIVERSIDE'S ECONOMIC DEVELOPMENT DEPARTMENT AND A LOCAL HOUSING AUTHORITY TO PLACE AN ARTIST IN AN AFFORDABLE HOUSING UNIT ADJACENT TO LINCOLN PARK IN RIVERSIDE; THIS ARTIST, CONTRACTED BY RAM, PROVIDES ARTS ENGAGEMENT ACTIVITIES THROUGHOUT THE NEIGHBORHOOD AND AT RAM'S TWO MUSEUMS. MOST RECENTLY, RAM COLLABORATED WITH ARTISTS AND BUSINESS OWNERS TO CREATIVELY REVITALIZE VARIOUS RIVERSIDE-BASED STOREFRONTS. RAM PROVIDES FREE COMMUNITY ART PROGRAMS THROUGH ITS FIRST SUNDAYS AND ARTS WALK PROGRAMS. RAM IS ALSO PART OF THE MUSEUM FOR ALL PROGRAM WITH $1 ADMISSION FOR FAMILIES WITH SNAP-EBT CARDS. RAM ADMITS CHILDREN UNDER 12 YEARS AND MILITARY FAMILIES TO ITS TWO MUSEUMS FREE OF CHARGE. 150842 172424 MUSEUM STORES - RAM HAS A STORE IN EACH OF ITS TWO MUSEUM LOCATIONS THAT PROMOTE AWARENESS OF LOCAL ARTISTS AND PROVIDE VENUES FOR SALES OF THEIR WORKS. 150842 172424 3383761 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 65 0 1 59 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X THE ORGANIZATION 9516847111 3425 MISSION INN AVENUE RIVERSIDE CA 92501 PATRICIA REYNOLDS PRESIDENT 1.00 X X 0 0 0 DR CIRIACO PINEDO PRESIDENT-ELECT 1.00 X X 0 0 0 ADAM GUZKOWSKI TREASURER 1.00 X X 0 0 0 A HAVIVA SHANE SECRETARY 1.00 X X 0 0 0 PAMELA KAPTAIN ART ALLIANCE PRESIDENT 1.00 X X 0 0 0 ESTELLA ACUNA TRUSTEE 1.00 X 0 0 0 MOISES ALVAREZ TRUSTEE 1.00 X 0 0 0 JAMES ANTOYAN TRUSTEE 1.00 X 0 0 0 DR MARTHA ARGUELLO TRUSTEE 1.00 X 0 0 0 CHARLES BIBBS TRUSTEE 1.00 X 0 0 0 ANA FARFAN TRUSTEE 1.00 X 0 0 0 LINDA FREGOSO TRUSTEE 1.00 X 0 0 0 PHILIP GONZALEZ TRUSTEE 1.00 X 0 0 0 PAUL GRANILLO TRUSTEE 1.00 X 0 0 0 SUZANNE GRAY TRUSTEE 1.00 X 0 0 0 ERNIE HWANG TRUSTEE 1.00 X 0 0 0 ROLANDO JARAMILLO TRUSTEE 1.00 X 0 0 0 DOUGLAS MCCULLOH TRUSTEE 1.00 X 0 0 0 JOHNNY MONTES TRUSTEE 1.00 X 0 0 0 TIFFANY NORTH TRUSTEE 1.00 X 0 0 0 JOSEPH ORTIZ TRUSTEE 1.00 X 0 0 0 MICHELLE OUELLETTE TRUSTEE 1.00 X 0 0 0 CATHY PARADES TRUSTEE 1.00 X 0 0 0 JINNEFER RAZO TRUSTEE 1.00 X 0 0 0 CRECENCIO SEPULVEDA TRUSTEE 1.00 X 0 0 0 LAURA SHARPE TRUSTEE 1.00 X 0 0 0 HECTOR ZATARAIN TRUSTEE 1.00 X 0 0 0 LIS ZULOAGA TRUSTEE 1.00 X 0 0 0 FELIX ZUNIGA TRUSTEE 1.00 X 0 0 0 DREW OBERJUERGE EXECUTIVE DIRECTOR (THRU 8/2025) 40.00 X 177917 0 12975 ALANNA CORREA DIRECTOR OF PEOPLE & PLACE 40.00 X 118267 0 16003 VALERIE FOUND DIRECTOR OF COMM & RES DEV 40.00 X 105647 0 18734 MARIA E FERNANDEZ ARTISTIC DIRECTOR - CHEECH 40.00 X 123117 0 0 JENNIFER KANTER DIRECTOR OF COMM & MARKETING 40.00 X 104361 0 8804 JERALD SOTO CONTROLLER 40.00 X 100650 0 2824 729959 0 59340 6 0 1 0 AR SECURITY AND PATROL PO BOX 970 MORENO VALLEY CA 92556 SECURITY SERVICES 230994 1 119786 4259 42425 1498228 1664698 EDUCATION SERVICES 611710 612276 612276 ADMISSIONS 611710 486202 486202 EXHIBIT INCOME 611710 31591 31591 GALLERY AND ART SALES 611710 18200 18200 1148269 150234 150234 288042 258853 29189 29189 29189 371094 289034 82060 82060 82060 9795 4259 11516 -1721 -1721 216642 62418 154224 154224 CITY MANAGEMENT FEE 900099 858333 858333 OTHER 611710 7524 7524 865857 4092810 2168350 29189 230573 198042 19804 79217 99021 2200391 1557581 472760 170050 22430 9194 9834 3402 152415 94827 48612 8976 180387 120022 41281 19084 22540 22540 381377 307746 61039 12592 117514 99312 17107 1095 178447 147144 10394 20909 537095 497170 27179 12746 36701 27520 7380 1801 44705 30755 5524 8426 5084 5084 109865 88991 18457 2417 40403 34065 6338 PAYMENTS TO ARTISTS 297057 259169 2957 34931 DUES AND PUBLICATIONS 90191 54352 22227 13612 MISCELLANEOUS 54447 8609 45459 379 COLLECTION PURCHASES 40000 40000 27500 27500 4736591 3383761 943389 409441 2975311 2442709 84599 84691 326062 313046 87640 16362 14448 20789 82997 58308 3499186 2716793 876187 782393 1482557 1907857 49792 35737 5979593 5661892 382419 432829 70554 222015 79119 123123 532092 777967 X 3021799 2533313 2425702 2350612 5447501 4883925 5979593 5661892 -643781 -49795 130000 0 X X 0 1 X 1 0 X 1536924 2228336 1278153 2218302 1664698 8926413 365083 1060745 1692593 1682168 1364911 6165500 1902007 3289081 2970746 3900470 3029609 15091913 71796 87998 159794 0 71796 87998 159794 14932119 98773 46958 49374 93503 150234 438842 98773 46958 49374 93503 150234 438842 -35189 12413 29189 6413 364 293335 1180303 963403 865857 3303262 1965955 3629374 4212836 4957376 4074889 18840430 0.79260 0.83770 0.02330 0.01910 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 523575 55797 2030 577342 433636 96627 6688 523575 398673 57774 22811 433636 451246 15000 -67573 398673 376914 74332 451246 0.00000 0.40060 0.59940 0 0 69935 69935 2850923 2357667 493256 578328 359126 219202 782393 DEPOSITS 38530 OPERATING LEASE LIABILITY 33593 CLAIMS 51000 123123 X 4426445 -49795 130000 253430 333635 4092810 0 4092810 4950021 253430 253430 4696591 40000 40000 4736591 PART III, LINE 1A: COLLECTION ITEMS CONSIST OF ART OBJECTS THAT ARE HELD FOR EDUCATIONAL AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED, CARED FOR, AND KEPT UNENCUMBERED. ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IF PURCHASED WITH UNRESTRICTED ASSETS AND AS DECREASES IN TEMPORARILY RESTRICTED OR PERMANENTLY RESTRICTED NET ASSETS IF PURCHASED WITH DONOR-RESTRICTED ASSETS. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED ON THE STATEMENT OF ACTIVITIES BASED ON THE ABSENCE OR EXISTENCE AND NATURE OF DONOR-IMPOSED RESTRICTIONS. IF COLLECTION ITEMS ARE SOLD, THE PROCEEDS FROM THE SALE ARE USED TO PURCHASE ADDITIONAL COLLECTION ITEMS. PART III, LINE 4: RAM'S ROLE AS A REPOSITORY AND STEWARD OF THE ART CREATED AND COLLECTED IN ITS REGION IS CRITICAL TO ITS IDENTITY. RAM CURRENTLY STEWARDS OVER 1,500 WORKS IN ITS PERMANENT COLLECTION, WHICH INCLUDES REGIONAL ARTWORK AS WELL AS WORKS OF ART FROM ALL OVER THE WORLD SPANNING NUMEROUS TIME PERIODS. RAM'S COLLECTION SUPPORTS ITS MISSION TO "UPLIFT DIVERSE ARTISTIC AND CULTURAL VOICES, CULTIVATE INCLUSIVE EXHIBITIONS, COLLECTIONS AND PROGRAMMING, ENGAGE IN TRANSFORMATIVE CONVERSATIONS, AND FOSTER STRONG COMMUNITY CONNECTIONS." PART V, LINE 4: THE MUSEUM MAINTAINS PERPETUAL ENDOWMENT FUNDS WITH PURPOSE RESTRICTIONS (FOR YOUTH ART SCHOLARSHIPS TO OUR PROGRAMS) AND WITHOUT PURPOSE RESTRICTIONS. THESE ENDOWMENT FUNDS ARE RETAINED PERMANENTLY EITHER BY EXPLICIT DONOR STIPULATION OR BY SPMIFA. THE MUSEUM HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE MUSEUM MUST HOLD IN PERPETUITY OR FOR A DONOR-SPECIFIED PERIOD(S). UNDER THIS POLICY, AS APPROVED BY THE BOARD OF DIRECTORS, THE ENDOWMENT ASSETS ARE INVESTED IN A MANNER THAT IS INTENDED TO PRESERVE THE REAL (I.E. INFLATION-ADJUSTED) PURCHASING POWER OF THE ENDOWMENT, AND ARE RESTRICTED TO INVESTMENTS IN CERTIFICATES OF DEPOSIT, PASSBOOK AND MONEY MARKET ACCOUNTS, AND MUTUAL FUNDS. ACTUAL RETURNS IN ANY GIVEN YEAR WILL VARY DUE TO MARKET FLUCTUATION. PART X, LINE 2: MANAGEMENT BELIEVES THAT RAM HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. RAM WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL ACTIVITY 253,430. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL ACTIVITY 253,430. PART XII, LINE 4B - OTHER ADJUSTMENTS: COLLECTION PURCHASES 40,000. X X 0 0 0 0 0 0 0 0 0 DREW OBERJUERGE EXECUTIVE DIRECTOR (THRU 8/2025) 177917 0 0 0 0 0 5207 0 7768 0 190892 0 0 0 X 27 SEE PART II 0 0 1 0 PART I, COLUMN (B): DURING THE YEAR, 27 ART OBJECTS WERE DONATED DURING THE YEAR. PART I, LINE 33: IN CONFORMITY WITH THE PRACTICE FOLLOWED BY MANY MUSEUMS, ART OBJECTS PURCHASED OR DONATED TO RAM ARE NOT CAPITALIZED IN THE STATEMENT OF FINANCIAL POSITION. RAM'S ART COLLECTION IS MADE UP OF ART OBJECTS THAT ARE HELD FOR EXHIBITION AND VARIOUS OTHER PROGRAM ACTIVITIES. EACH OF THE ITEMS IS CATALOGUED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. PURCHASED COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. CONTRIBUTED COLLECTION ITEMS ARE EXCLUDED FROM THE FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE, CONSISTING OF THE BOARD OFFICERS AND OTHER DESIGNATED TRUSTEES, HAS BROAD AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B COPY OF FORM 990 WAS REVIEWED BY THE AUDIT COMMITTEE AND BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS AN ANNUAL ORIENTATION MEETING WHERE TRUSTEES MUST DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. A TRUSTEE WHO HAS A CONFLICT OF INTEREST CANNOT PARTICIPATE IN OR BE PERMITTED TO HEAR A BOARD DISCUSSION OF THE MATTER THAT GIVES RISE TO THE CONFLICT OF INTEREST EXCEPT TO DISCLOSE MATERIAL FACTS OR TO RESPOND TO QUESTIONS. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION DOES FORMAL PERFORMANCE REVIEWS AND CONSULTS THE AMERICAN ALLIANCE OF MUSEUM'S ANNUAL SALARY REPORT TO SEE WHERE THEY ARE IN TERMS OF SALARIES WITH COMPARABLE INSTITUTIONS. ON AN ANNUAL BASIS THE EXECUTIVE COMMITTEE REVIEWS THE PERSONAL COMPENSATION PACKAGE OF THE EXECUTIVE DIRECTOR AND EVALULATES PERFORMANCE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST AT THE BUSINESS ADDRESS DURING NORMAL BUSINESS HOURS. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.