2024-11-14T15:39:23-06:00 2023-12-31 480573184 REGIER CARR & MONROE LLP 300 W DOUGLAS AVE STE 900 WICHITA KS 672022914 990 2023-01-01 480890970 THE KANSAS AFRICAN AMERICAN MUSEUM INC KANS 3162627651 601 N WATER WICHITA KS 672033833 DENISE SHERMAN EXECUTIVE DIRECTOR 3162627651 2024-11-13 1 0 LAURA LEHMER CPA P01252614 3162642335 2024-11-13 2023 2024-10-15 13:58:12Z DENISE SHERMAN 601 N WATER WICHITA KS 672033833 1437799 0 X TKAAMUSEUM.ORG X 1973 KS THE KANSAS AFRICAN AMERICAN MUSEUM ENDEAVORS TO MAKE THE KANSAS AFRICAN AMERICAN EXPERIENCE RESONANT WITH EVERY KANSAN BY TELLING THE STORIES OF THE AFRICAN AMERICAN EXPERIENCE IN KANSAS IN ORDER TO EDUCATE ABOUT THE PAST AND INSPIRE A HOPE FOR THE FUTURE. 19 19 5 55 0 0 1476269 1388418 7997 8151 886 15612 -94574 -46383 1390578 1365798 0 0 0 0 151862 164154 60000 60000 60020 188524 234467 400386 458621 990192 907177 3110790 4014800 45874 39904 3064916 3974896 THE KANSAS AFRICAN AMERICAN MUSEUM ENDEAVORS TO MAKE THE KANSAS AFRICAN AMERICAN EXPERIENCE RESONANT WITH EVERY KANSAN BY TELLING THE STORIES OF THE AFRICAN AMERICAN EXPERIENCE IN KANSAS IN ORDER TO EDUCATE ABOUT THE PAST AND INSPIRE A HOPE FOR THE FUTURE. 0 0 128277 10975 THE OPERATION OF THE MUSEUM FOR PUBLIC USE. 128277 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 5 1 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X X THE ORGANIZATION 3162627651 601 N WATER WICHITA KS 672033833 JOHN ROLFE IMMEDIATE PAST PRESIDENT 10.00 X 0 0 0 EBONY CLEMONS-AJIBOLADE PRESIDENT 10.00 X X 0 0 0 SHAYLA COTMAN SECRETARY 10.00 X X 0 0 0 AMY HAMILTON TREASURER 10.00 X X 0 0 0 ROGER BRADSHAW DIRECTOR 10.00 X 0 0 0 ANGELA BUCKNER DIRECTOR 10.00 X 0 0 0 RON HOLT DIRECTOR 10.00 X 0 0 0 KARA HUNT DIRECTOR 10.00 X 0 0 0 ANDY MCFAYDEN DIRECTOR 10.00 X 0 0 0 CAROLYN MCGINN DIRECTOR 10.00 X 0 0 0 CARMEN MORAVEC DIRECTOR 10.00 X 0 0 0 V KAYE MONK-MORGAN DIRECTOR 10.00 X 0 0 0 HOLLY PUTNAM-JACKSON DIRECTOR 10.00 X 0 0 0 JOSEPH SHEPARD DIRECTOR 10.00 X 0 0 0 FABRICE METAN DIRECTOR 10.00 X 14780 0 0 MOJI ROSSON DIRECTOR 10.00 X 0 0 0 MARLON WILLIAMS DIRECTOR 10.00 X 0 0 0 ED WATSON PRESIDENT-ELECT 10.00 X X 0 0 0 SHARLA SMITH DIRECTOR 10.00 X 0 0 0 DENISE SHERMAN EXECUTIVE DIRECTOR 40.00 X 85000 0 14582 99780 0 14582 0 0 0 0 0 64014 35500 200827 1088077 1388418 MUSEUM ADMISSIONS 611600 4536 4536 CULTURAL TRAINING 611600 3615 3615 8151 15535 15535 77 0 77 77 77 17977 35500 68195 -50218 -50218 4817 3806 1011 1011 MISCELLANEOUS 611600 2824 2824 2824 1365798 10975 0 -33595 85000 21095 63905 47617 11818 35799 18004 1585 16419 13533 1191 12342 213 213 25980 25980 60000 60000 40243 14224 26019 800 800 41607 23710 17897 75076 19746 55330 1703 1062 641 31259 26148 5111 DUES & SUBSCRIPTIONS 5381 309 5052 20 MISCELLANEOUS 4668 2022 2646 MAINTENANCE & SMALL EQU 4177 2790 1387 EXHIBITS 3090 1507 1583 270 270 458621 128277 270324 60020 1222724 351877 1319923 667292 1112685 988921 39970 948951 948951 38642 42088 233181 239276 3110790 4014800 17085 13411 28789 26493 45874 39904 X 1440536 1470368 1624380 2504528 3064916 3974896 3110790 4014800 907177 2803 0 X X 0 1 X 1 0 X 34940 449488 2036250 1476269 1388418 5385365 34940 449488 2036250 1476269 1388418 5385365 1486030 3899335 6754 3654 3261 886 15535 30090 970 620 2824 4414 5419869 35430 0.71950 0.69890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 200298 X X 28548 3480 32028 33104 -4556 28548 30517 2587 33104 43995 9555 23033 30517 38444 5551 43995 1.00000 0 0 859370 859370 39970 39970 0 89581 89581 948951 ART FOR THE MUSEUM 200298 PREPAID EXPENSES 38978 239276 X 1542884 2803 106088 68195 177086 1365798 0 1365798 632904 106088 68195 174283 458621 0 458621 PART III, LINE 1A: THE ORGANIZATION OWNS THROUGH ACQUISITION OR DONATION A NUMBER OF ART OBJECTS. THESE ITEMS COLLECTIVELY ARE REFERRED TO AS ART FOR THE MUSEUM. THE PURPOSE OF THE ART FOR THE MUSEUM IS TO SUPPORT THE EDUCATIONAL ASPECTS OF THE ORGANIZATION'S MISSION. NEW ITEMS ARE ACQUIRED, AND EXISTING ITEMS MAY BE DEACCESSED BASED ON THE CHANGING NEEDS OF THE ORGANIZATION. IN CONFORMITY WITH THE PRACTICE FOLLOWED BY MANY ART GALLERIES, ART OBJECTS PURCHASED AND DONATED ARE NOT CAPITALIZED IN THE ACCOUNTING RECORDS OR INCLUDED IN THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS REDUCE NET ASSETS IN THE PERIOD WHEN PURCHASED. PROCEEDS FROM DEACCESSIONED ART OBJECTS OR INSURANCE RECOVERIES ARE RECORDED AS INCREASES IN NET ASSETS WHEN RECEIVED IN THE STATEMENT OF ACTIVITIES. FUNDS RECEIVED FROM DEACCESSION OF AN ART OBJECT OR THE PROCEEDS OF AN INSURANCE SETTLEMENT FOR AN ART OBJECT ARE REQUIRED BY POLICY TO BE USED FOR THE FURTHERANCE OF THE ORGANIZATION'S MISSION WITH THE DIRECTION OF THE BOARD OF DIRECTORS. THE ORGANIZATION DID NOT MAKE ANY PURCHASES OF ITEMS FOR INCLUSION IN THE ART FOR THE MUSEUM FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022 RESPECTIVELY. PART X, LINE 2: THE ORGANIZATION IS ORGANIZED AS A KANSAS NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3). THE ORGANIZATION IS QUALIFIED TO RECEIVE DEDUCTIBLE CHARITABLE CONTRIBUTIONS UNDER SECTION 170(B)(1)(A)(VI), AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER SECTIONS 509(A). THE ORGANIZATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE ORGANIZATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSES. THE ORGANIZATION HAS DETERMINED IT IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. THE ORGANIZATION BELIEVES THAT IT 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. THE ORGANIZATION 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: SPECIAL EVENT EXPENSES 68,195. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 68,195. X 0 SWANSON HOUSE 1316 W 15TH AVENUE STE 200 EMPORIA KS 66801 CAPITAL CAMPAIGN 0 1012854 60000 952854 1012854 60000 952854 TRAILBLAZER 43200 35500 7700 35828 14894 CANAAN 1690 1690 39 1 8587 8587 991 10517 5926 53477 35500 17977 991 46345 20859 68195 -50218 FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, THE FOROM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND THEN BY THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS AVAILABLE ON GUIDESTAR (ANOTHER'S WEBSITE) AND FORM 990 IS ALSO AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE. FORM 990, PART XII, LINE 2C; THE BOARD OF DIRECTORS OVERSEES THE AUDIT AND 990 SERVICES.