JustGive.org
leave search
powered by GuideStar

Search Results | New Search

DENVER ART MUSEUM INC



100 W 14th Avenue Pkwy
Denver, CO 80204

GENERAL INFORMATION

Telephone: (720) 865-5000
Web Site:www.denverartmuseum.org

Who We Are

The Denver Art Museum is a collection of works of art in permanent and temporary exhibitions that serve to enhance the public's awareness and appreciation of the visual arts.

  • This organization is a 501(c)(3) Public Charity .
  • This organization is required to file an IRS Form 990 or 990-EZ.
  • Financial information in this report is derived from the organization's September 30, 2008 Form 990.
  • Additional narrative information in this report was last supplied by the organization on August 26, 2005.
  • Contributions are deductible, as provided by law.
EIN: 84-6038240
Year Founded:
Ruling Year: 1935
Fiscal Year: September 30, 2008
Assets: $43,734,425 (from Sep 30, 2008 Form 990)
No. of Board Members: Information not available
No. of Full-Time Employees: 0
No. of Part-Time Employees: 0
No. of Volunteers: 0

BOARD OF DIRECTORS

Name

Title

Lewis Sharp Director
Rich Rutledge Director Bldng Ops
Judy Witthohn Deputy Director & CFO
Victoria Sterling Chief of Staff
J Landis Martin Treasurer
Trygve E Myhren Trustee
Cortandt S Dietler Trustee
Scott Reiman Trustee
Richard D McCormick Trustee
Thomas W Honig Trustee
Kathryn A Paul Trustee
Thomas A Petrie Trustee
James F Williams II Trustee
Richard L Robinson Trustee
James A Holmes Trustee
Frederic C Hamilton Chairman
Peter H Dominick Jr Trustee
Nancy Lake Benson Trustee
Mariner Kemper Trustee
Cathey M Finlon Trustee
James P Kelley Trustee
John J Sie Trustee
William Armstrong Trustee
Arlene Hirschfeld Trustee
Kent Logan Trustee
Craig Ponzio Trustee
Jana Bartlit Trustee
John W Hickenlooper Honorary Trustee
Robert S Rich Secretary
Sarah A Hunt Trustee
William B Pauls Trustee
B Grady Durham Trustee
Suzanne Farver Trustee
Roger Parker Trustee
Wayne W Murdy Trustee
Theresa E Romero Trustee
Daniel W Yohannes Trustee
Ron Cooper Trustee
Charles P Gallagher Vice Chairman
Michael Duncan Trustee

MISSION AND PROGRAMS

Mission

The primary mission of the Denver Art Museum is to build and enhance the public's awareness of and appreciation for the visual and related arts through the acquisition, preservation, and presentation of art works in both permanent collections and temporary exhibitions, and by supporting these works with exemplary educational and scholarly programs.

Programs

Exhibitions and Collections & Collections Management - Two major exhibitions were on view during the year: Bonnard and Sargent & Italy. Bonnard was organized by the museum in conjunction with the Phillips Collection in Washington, D.C. Education Programs - Programs interpreting exhibition and the permanent collection were presented throughout the year, including family, school and teacher, adult and community outreach, as well as theme tours in the galleries.

GOALS AND RESULTS

Accomplishments for Fiscal Year Ending August 31, 2005

  1. Exhibitions and Collections & Collections Management - 383,485 people visited the Denver Art Museum's special exhibitions and permanent collection during the fiscal year ended September 30, 2003. Membership totaled 32,069 households, businesses, and other entities during this period.
  2. Education Programs - The Denver Art Museum has been recognized as the most "family friendly" museum in the U.S. Our current programs continue to be updated, and the museum will introduce new programs in 2006 when our expansion project is completed.

Objectives for Fiscal Year Beginning September 1, 2005

  1. The Denver Art Museum will celebrate the opening of the addition of the Frederic C. Hamilton Building, a geometric explosion of glass and titanium designed by Daniel Libeskind. The 146,000-square-foot Hamilton Building will nearly double the size of the museum. It will house several collections that have never been on permanent display. Three new state-of-the-art special exhibition galleries will allow the museum to bring unprecedented exhibitions to the region. When it opens in fall of 2006, it will be an internationally significant work of architecture and a signature landmark for the city of Denver.

FINANCIAL DATA

Revenues and Expenses: Fiscal Year Ending September 30, 2008

REVENUE  
Contributions $19,368,795
Government Grants $7,883,681
Program Services $5,546,296
Investments $627,558
Special Events $0
Sales $1,000,700
Other $6,647,802
Total Revenue $41,074,832
EXPENSES  
Program Services $30,087,130
Administration $5,076,073
Other $1,531,401
Total Expenses $36,694,604
Net Gain/Loss $4,380,228

Balance Sheet: Fiscal Year Ending September 30, 2008

Note: The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot long survive, but the types of assets and liabilities also must be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

ASSETS October 1, 2007 September 30, 2008 Change
Cash & Equivalent $4,216,638 $1,772,451 ($2,444,187)
Accounts Receivable $283,979 $164,778 ($119,201)
Pledges & Grants Receivable $17,900,599 $16,731,326 ($1,169,273)
Receivable / Other $476,590 $476,590 $0
Inventories for Sale of Use $615,025 $428,262 ($186,763)
Investment/Securities $4,889,324 $7,111,829 $2,222,505
Investment/Other $0 $0 $0
Fixed Assets $16,844,782 $15,093,612 ($1,751,170)
Other $4,419,239 $1,955,577 ($2,463,662)
Total Assets $49,646,176 $43,734,425 ($5,911,751)
LIABILITIES October 1, 2007 September 30, 2008 Change
Accounts Payable $3,603,812 $3,447,940 ($155,872)
Grants Payable $0 $0 $0
Deferred Revenue $1,449,628 $441,892 ($1,007,736)
Loans and Notes $3,920,000 $2,706,530 ($1,213,470)
Tax-Exempt Bond Liabilities $13,860,000 $7,547,746 ($6,312,254)
Other $0 $1,500,000 $1,500,000
Total Liabilities $22,833,440 $15,644,108 ($7,189,332)
FUND BALANCE $26,812,736 $28,090,317 $1,277,581


Search Results | New Search


Copyright 2010, Philanthropic Research, Inc. All Rights Reserved. | Policies | Standards for Internet Philanthropy

GuideStar is the registered trademark and operating name of Philanthropic Research, Inc., a 501(c)(3) nonprofit organization.

Any other use, including resale of the information or use for commercial gain, is prohibited, except in accordance with a GuideStar licensing agreement.


Site Map FAQ Help Contact Us Privacy Statement Press Tell a Friend