2024-06-20T10:14:13-05:00 2023-08-31 311119890 Barnes Dennig & Co LTD 150 East Fourth Street Cincinnati OH 45202 990 2022-09-01 310590095 The Contemporary Arts Center CONT 5133458400 44 East Sixth Street Cincinnati OH 45202 Christina Vassallo Executive Director 5133458400 2024-06-14 1 Christina Vassallo XXX-XX-XXXX 0 Paula Hume P00537516 5132418313 2024-06-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Christina Vassallo 44 East Sixth Street Cincinnati OH 45202 10464196 0 X www.contemporaryartscenter.org X 1940 OH The Contemporary Arts Center provides the opportunity for all people to discover the dynamic relationship between art and life by exhibiting, but not collecting, the work of progressive artists. It will continually increase its regional, national, and international influence by providing changing visual and interactive experiences that challenge, entertain and educate. 25 25 68 26 -123589 0 3284820 4107154 186523 40323 1034785 464887 -57010 164796 4449118 4777160 0 0 0 0 1684790 1839154 0 0 454656 3244043 3245590 4928833 5084744 -479715 -307584 37249708 33647623 11994137 8243978 25255571 25403645 X Art and the creative process belong to all people. The CAC provides experiences, through exhibitions and performances as well as educational and outreach programs, to engage and interact with the art, artists, and ideas of our time. Working with our regional community of visitors, patrons, and partners, and with our global community of artists and institutions, we explore and celebrate the unfolding landscape of art and expression. 0 0 2985202 29621 The Contemporary Arts Center (CAC) brings the best of International, National and Regional Contemporary Art to more than 92,000 visitors annually, connecting visitors with a wide array of exceptional art being created today. In its myriad of forms from visual and media arts to performance and beyond, the CAC serves as a community venue for creative expressive and exploration and discussing issues of our time as they are raised in presented works. The gallery also features commissioned works by local artists. 746301 10702 Student and public programs for youth, family, educators and adults are designed with the goal that they serve as bridges to the art, providing opportunities for visitors to engage with works, artists, staff, volunteers and one another in the exploration of art and creative activities, regardless of their previous knowledge of or experience with contemporary art. CAC programs include artists talks, lecture series, curatorial talks and tours, films, docent-LED tours, family Saturdays and Thursday art play, concerts, performances and teacher resources. Together, CAC exhibitions and education programs are accessible for visitors of all ages and abilities, opening the world of contemporary art, inspiring creativity and encouraging critical thinking. Most educational programs are offered at no cost. Free admission and evening hours are offered on Wednesday to Friday from 5pm to 9pm. 3731503 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 99 0 1 68 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X Christina Vassallo 5133458400 44 East Sixth Street Cincinnati OH 45202 Emily Kokenge Board Member 1.00 X 0 0 0 Maria Espinola PhD Board Member 1.00 X 0 0 0 Lucinda Barnes Board Member 1.00 X 0 0 0 Jennifer Verkamp Board Member 1.00 X 0 0 0 Michael Kelly - Start 0323 Board Member 1.00 X 0 0 0 Emily Hanako Momohara Board Member 1.00 X 0 0 0 Gale Beckett President 1.00 X X 0 0 0 Rosemary Schlachter Chair 1.00 X X 0 0 0 Ron Bates - Exit 0323 Vice-President 1.00 X X 0 0 0 Kyle Pohlman Treasurer 1.00 X X 0 0 0 Denise Osterhues Board Member 1.00 X 0 0 0 Bernie Calonge Board Member 1.00 X 0 0 0 Rick Michelman PhD At-Large 1.00 X X 0 0 0 Chuck Lohre Board Member 1.00 X 0 0 0 Lee Lindner Board Member 1.00 X 0 0 0 Theo Erasmus Board Member 1.00 X 0 0 0 Mark A Goodson Board Member 1.00 X 0 0 0 Jennifer Krivickas Board Member 1.00 X 0 0 0 Eric Kearney Board Member 1.00 X 0 0 0 Steven W Jemison Board Member 1.00 X 0 0 0 Charlie Key Board Member 1.00 X 0 0 0 Amy Goodwin At-Large 1.00 X X 0 0 0 Bruce Lazarus Board Member 1.00 X 0 0 0 Jim Cheng AIA LLD AP At-Large 1.00 X X 0 0 0 Jason McCaw Board Member 1.00 X 0 0 0 Jeff Ahrnsen Secretary 1.00 X X 0 0 0 Christina Vassallo-Start 323 Executive Director 40.00 X 0 0 0 Marcus Margerum - exit 324 Deputy Director & COO 40.00 X 145866 0 11148 145866 0 11148 1 0 0 0 CoolCo LLC PO Box 7410060 Chicago IL 60674 Utilities 117038 UHS Premium Billing PO Box 94017 Palatine IL 60094 Employee Benefits 110855 DonorReach LLC 308 E 8th St 4th Floor Cincinnati OH 45202 Development Service 102500 3 291119 131582 32002 1277559 2374892 4107154 Exhibition Touring 900099 29621 29621 Educational Program Revenue 900099 10702 10702 40323 332372 332372 81595 205184 -123589 -123589 -123589 5511763 5379248 132515 132515 132515 29020 32002 41895 -12875 -12875 45655 60709 -15054 -15054 Swap Refund 900099 265000 265000 Miscellaneous Income 900099 51314 51314 316314 4777160 40323 -123589 753272 X 157013 101250 31841 23922 1421792 963893 230149 227750 142729 92038 28944 21747 117620 75847 23852 17921 45964 45964 99453 99453 760532 491110 220387 49035 36690 32418 3059 1213 122484 102985 6442 13057 442170 406796 17687 17687 32097 29901 794 1402 276907 254755 11076 11076 573097 501503 35797 35797 53747 6286 47461 Exhibitions & Programs 432099 423444 5730 2925 Miscellaneous 200914 121441 64255 15218 Equipment Rental and Ma 76175 66066 6186 3923 Hospitality 41453 25056 13257 3140 51808 36714 6251 8843 5084744 3731503 898585 454656 389207 1153540 927862 924418 5657 225 137395 60914 1080 107221 32772361 15277727 14062340 17494634 17530227 12973733 19846 19846 4176094 913092 37249708 33647623 391721 291067 13666 3645 11588750 7949266 11994137 8243978 X 13408185 22971336 11847386 2432309 25255571 25403645 37249708 33647623 X -307584 535839 -80181 X X 0 1 X 1 0 X 3251371 2821952 2682620 3284820 4107154 16147917 3251371 2821952 2682620 3284820 4107154 16147917 1519008 14628909 573806 398120 420167 303060 332372 2027525 29 29 2963 316314 319277 18494748 668620 0.79100 0.73880 X Schedule A, Part II, Line 10, Explanation of Other Income: Miscellaneous Income - 2021 Amount: $ 2,963. 2022 Amount: $ 51,314. Swap Refund - 2022 Amount: $ 265,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 1 17366715 80000 955271 5285035 13116951 21355547 33332 -2607561 1414603 17366715 19342139 9886 3373936 1280699 89715 21355547 17734054 20000 2653659 978243 87331 19342139 23399753 1551802 7096870 120631 17734054 0.95000 0.05000 0 0 863000 863000 17555138 8899521 8655617 10743638 3558172 7185466 3610585 2820034 790551 17494634 X 5399538 535839 280 185711 721830 4677708 99452 99452 4777160 5251464 280 265892 266172 4985292 99452 99452 5084744 Part V, Line 4: The Center's endowment consists of funds established to provide income to operations. Part X, Line 2: The Center is exempt from income taxes under Section 501 of the Internal Revenue Code and a similar provision of Ohio law. However, the Center is subject to federal income tax on any unrelated business taxable income. The Center's IRS Form 990 is subject to review and examination by federal and state authorities. The Center believes it has appropriate support for any tax positions taken, and therefore, does not have any uncertain income tax positions that are material to the financial statements. Part XI, Line 2d - Other Adjustments: Rental Expenses 205,183. Change in Beneficial Interest In Trust -80,181. COGS Reclass 60,709. Part XII, Line 2d - Other Adjustments: Rental Expenses 205,183. COGS Reclass 60,709. Gala 61022 32002 29020 41895 61022 32002 29020 41895 41895 -12875 X 0 0 0 0 0 0 0 0 0 Marcus Margerum - exit 324 Deputy Director & COO 145866 0 0 0 0 0 0 0 11148 0 157014 0 0 0 Form 990, Part VI, Section B, line 11b A copy of the form 990 is provided to the governing body prior to filing. Form 990, Part VI, Section B, line 12c Compliance is reviewed quarterly and those who have not completed the disclosure forms are asked to do so. Form 990, Part VI, Section B, line 15 The Executive Director's compensation package will be reviewed and presented to him or her within six weeks of the face-to-face annual performance review. The Personnel Committee, whose duties include determining the yearly evaluation of the salary of the Chief Executive of the organization, will hold a discussion concerning compensation that will include completion of objectives established in the annual budget and strategic plan. The Committee will benchmark compensation for the position utilizing industry-specific reports and other studies. The Personnel Committee will recommend a compensation package to the President and Executive Committee upon their approval, the President will present a summary of the performance review with salary and bonus recommendations to the full board in an Executive session of a board meeting. Upon the approval of the board, the compensation package will be presented to the Chief Executive. The President will communicate changes in the compensation package to the Human Resources Director. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy, and financial statements are made available to the public by request. Form 990, Part IX, line 11g Consultants and contracted professionals: Program service expenses 491,110. Management and general expenses 220,387. Fundraising expenses 49,035. Total expenses 760,532. Form 990, Part XI, line 9: Change in Benficial Interest in Trust -80,181. Form 990, Part XII, Line 2c: There have been no changes in the process during the year.