2024-10-22T07:53:25-05:00 2023-12-31 222027092 WITHUMSMITHBROWN PC 1835 MARKET STREET PHILADELPHIA PA 19103 990 2023-01-01 222806780 THE CENTER FOR ART IN WOOD INC CENT 2159238000 141 N 3RD STREET PHILADELPHIA PA 19106 PATRICIA FOWLER PRESIDENT 2159238000 2024-10-22 1 0 ADAM WATSON P00749373 2155677770 2024-10-22 2023 2024-10-15 13:58:12Z MUSEUM FOR ART IN WOOD PATRICIA FOWLER 141 N 3RD STREET PHILADELPHIA PA 19106 3083987 0 X WWW.MUSEUMFORARTINWOOD.ORG X 1986 PA TO ENGAGE, EDUCATE & INSPIRE THE PUBLIC THROUGH EXHIBITION, COLLECTION & INTERPRETATION OF CONTEMPORARY ART IN WOOD 8 8 15 12 0 0 532467 199277 1000 0 439921 463208 96316 71280 1069704 733765 0 0 0 0 488816 510265 0 0 91339 778561 941338 1267377 1451603 -197673 -717838 14887259 16826812 40770 1037425 14846489 15789387 THE MUSEUM FOR ART IN WOOD ENGAGES, EDUCATES, AND INSPIRES THE PUBLIC THROUGH THE EXHIBITION, COLLECTION, AND INTERPRETATION OF CONTEMPORARY ART IN WOOD. 0 0 881485 EXHIBITIONS REMAIN AT THE CORE OF THE MUSEUM'S PROGRAMMING. SINCE ITS INCEPTION IN 1986, THE MUSEUM'S EXHIBITIONS HAVE PRESENTED THE WORK OF ESTABLISHED AND EMERGING ARTISTS WHICH HAS SERVED TO MOVE THE FIELD OF ART IN WOOD TO THE FOREFRONT OF ARTS AND CULTURE. THE MUSEUM'S EXHIBITIONS RELATED ACHIEVEMENTS INCLUDE: ORGANIZING OVER 100 EXHIBITIONS TO SHOWCASE CREATIVITY AND CRAFTMANSHIP (TWELVE OF WHICH HAVE TOURED TO MUSEUMS AND AROUND THE US) AND PUBLISHED OVER 25 MAJOR CATALOGUES ABOUT VARIOUS ASPECTS OF WOOD ART AND THE ARTISTS. 76557 SINCE 1995, THE MUSEUM FOR ART IN WOOD HAS AWARDED FELLOWSHIPS IN ITS ANNUAL WINDGATE ARTS RESIDENCY PROGRAM IN WOOD (WARP WOOD). IN 2016,THE MUSEUM ADDED ONE MORE FELLOWSHIP - A STUDENT ARTIST RESIDENT FELLOW. THIS PROGRAM IS A COLLEGIAL EXPERIENCE IN WHICH THE RESIDENT FELLOWS EXPLORE NEW WORK THROUGH RESEARCH, EXPLORATION, AND COLLABORATION. INCLUDED ANNUALLY ARE NOW SIX WOOD ARTISTS, WHICH INCLUDE THE STUDENT ARTIST, A PHOTOJOURNALIST, AND A SCHOLAR SELECTED FROM AN INTERNATIONAL POOL OF APPLICANTS. THEY WORK INDIVIDUALLY AND COLLABORATIVELY. THE SCHOLAR GAINS IN DEPTH UNDERSTANDING OF THE WOOD ART FIELD AND ITS PRACTITIONERS. THE DOCUMENTARY ARTIST DOCUMENTS THE PROGRAM EXPERIENCE IN TRADITIONAL AND INNOVATIVE WAYS. 958042 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 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 0 1 52 0 1 15 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MD PA X THE ORGANIZATION 2159238000 141 N 3RD STREET PHILADELPHIA PA 19106 PATRICIA FOWLER PRESIDENT 10.00 X X 0 0 0 JOHN CONVER LUTZ VICE PRESIDENT 10.00 X X 0 0 0 ED BRESLER TREASURER 10.00 X X 0 0 0 JOSHUA AIBEL SECRETARY 10.00 X X 0 0 0 LISA TREMPER HANOVER BOARD MEMBER 5.00 X 0 0 0 LEONARD J KREPPEL BOARD MEMBER 5.00 X 0 0 0 RICK SNYDERMAN BOARD MEMBER 5.00 X 0 0 0 FABIO VITALI BOARD MEMBER 5.00 X 0 0 0 JENNIFER MILLIKEN EXECUTIVE DIRECTOR 40.00 X 107400 0 11303 107400 0 11303 1 0 0 0 0 199277 199277 466102 466102 2266703 2269597 -2894 -2894 -2894 147080 80625 66455 66455 OTHER INCOME 900099 4825 4825 4825 733765 63561 0 470927 X 118703 89028 17805 11870 320665 219095 60942 40628 29744 20256 5693 3795 41153 28807 7408 4938 58558 58558 202506 9113 192381 1012 38103 38103 39188 36026 1604 1558 45532 30506 5009 10017 190895 152716 38179 56370 50732 2819 2819 39845 31876 7969 19183 17073 2110 EXHIBITS 208146 198873 9273 FELLOWSHIP AND HONORIA 25200 25200 MISCELLANEOUS EXPENSES 13953 8052 1321 4580 DUES AND SUBSCRIPTIONS 3859 2586 424 849 1451603 958042 402222 91339 822134 402483 1671 60 259259 170521 22280 17997 7172 10218 766323 620099 147628 146224 10227830 11399365 3399285 4679944 14887259 16826812 40770 43286 0 994139 40770 1037425 X 275034 1138213 14571455 14651174 14846489 15789387 14887259 16826812 X -717838 1374216 286520 X 0 1 X 1 0 X 732329 987675 723434 532467 199277 3175182 732329 987675 723434 532467 199277 3175182 1456861 1718321 121273 117732 295363 403137 466102 1403607 9405 12338 4825 26568 4605357 635395 0.37310 0.37490 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: EVENT INCOME - 2021 AMOUNT: $ 7,693. 2022 AMOUNT: $ 9,059. OTHER INCOME - 2021 AMOUNT: $ 1,712. 2022 AMOUNT: $ 3,279. 2023 AMOUNT: $ 4,825. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 10695334 1625491 453956 467504 11399365 12815557 -1684815 435408 10695334 5502195 6000000 1485009 171647 12815557 4000000 500000 1201554 199359 5502195 3893757 106243 4000000 1.00000 0 0 563721 420974 142747 202602 199125 3477 146224 BENEFICIAL INTEREST IN ASSETS HELD BY A COMMUNITY FOUNDATION 3685805 RIGHT OF USE ASSET 994139 4679944 LEASE LIABILITY 994139 994139 X 2367324 1374216 31381 286520 1692117 675207 58558 58558 733765 1424426 31381 31381 1393045 58558 58558 1451603 PART III, LINE 1A: THE COLLECTIONS WHICH WERE ACQUIRED THROUGH CONTRIBUTIONS AND PURCHASES SINCE THE ORGANIZATION'S INCEPTION ARE NOT RECORDED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE PURCHASED. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. PROCEEDS FROM DEACCESSIONS ARE RECORDED AS AN INCREASE IN NET ASSETS. PART III, LINE 4: THE COLLECTIONS ARE COMPRISED OF ART PIECES AND ARE HELD FOR PUBLIC EDUCATION OR RESEARCH REGARDING THE FIELD OF WOOD AND OTHER LATHE-TURNED ART. PART V, LINE 4: ENDOWMENT FUNDS WITHOUT DONOR RESTRICTIONS ARE USED FOR OPERATIONS. ENDOWMENT FUNDS WITH DONOR RESTRICTIONS ARE USED FOR THE MUSEUM'S ITE PROGRAM AND TO PROVIDE INCOME TO THE MUSEUM WHILE PRESERVING THE CORPUS. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. GAAP REQUIRES ENTITIES TO EVALUATE, MEASURE, RECOGNIZE AND DISCLOSE ANY UNCERTAIN INCOME TAX POSITIONS TAKEN ON THEIR TAX RETURNS. GAAP PRESCRIBES A MINIMUM THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET IN ORDER TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION BELIEVES THAT IT HAD NO UNCERTAIN TAX POSITIONS AS DEFINED IN GAAP. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL INTEREST IN COMMUNITY FOUNDATION 286,520. X X X X X 1 GROUNDED CONSULTING 226 WEST MT PLEASANT PHILADELPHIA PA 19119 DEVELOPMENT CONSULTANT 0 0 41400 -41400 41400 -41400 PA MD FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S PROCESS TO REVIEW THE FORM 990 IS THE SAME AS THE REVIEW PROCESS FOR THE AUDIT: THE 990 IS REVIEWED BY THE FINANCE COMMITTEE, WHICH IS CHAIRED BY THE TREASURER. AFTER IT HAS BEEN REVIEWED AND APPROVED BY THE FINANCE COMMITTEE, IT IS THEN SUBMITTED TO THE FULL BOARD FOR FINAL APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS ONE OF THE DOCUMENTS THAT ALL BOARD MEMBERS RECEIVE AS PART OF THEIR BOARD ORIENTATION. AS IT PERTAINS TO THE POLICY ENFORCEMENT, EACH BOARD MEMBER "...SHALL SIGN A STATEMENT ACKNOWLEDGING THAT HE OR SHE HAS RECEIVED A COPY OF THIS POLICY, HAS READ AND UNDERSTANDS IT, AND AGREES TO COMPLY WITH IT. IF THE BOARD OF DIRECTORS HAS REASONABLE CAUSE TO BELIEVE THAT A COVERED PERSON HAS FAILED TO COMPLY WITH THIS POLICY, THE BOARD MAY COUNSEL THE COVERED PERSON REGARDING SUCH FAILURE AND, IF THE ISSUES IS NOT RESOLVED TO THE BOARD'S SATISFACTION, MAY CONSIDER ADDITIONAL CORRECTIVE ACTION AS APPROPRIATE." FORM 990, PART VI, SECTION B, LINE 15A THE BOARD PERFORMED A REVIEW OF THE JOB REQUIREMENTS OF THE EXECUTIVE DIRECTOR. BASED ON THOSE REQUIREMENTS, A STUDY OF EXECUTIVE DIRECTOR SALARIES WAS PERFORMED AND A SALARY WAS DEVELOPED AND APPROVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 9,113. MANAGEMENT AND GENERAL EXPENSES 192,381. FUNDRAISING EXPENSES 1,012. TOTAL EXPENSES 202,506. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST IN COMMUNITY FOUNDATION 286,520.