2024-11-15T08:39:31-06:00 2023-12-31 383635706 REHMANN ROBSON LLC 7124 W CENTRAL AVE TOLEDO OH 43617 990EZ 2023-01-01 341377187 WASSENBERG ART CENTER ASSOCIATION WASS 4192386837 214 S WASHINGTON STREET VAN WERT OH 45891 MICHAEL HOLLIDAY CFO 4192386837 2024-11-14 1 1 KRISTEN G MORSE CPA P01034447 4198658118 2024-11-14 2023 2024-10-15 13:58:12Z X WASSENBERGARTCENTER.ORG X X 137629 X 65888 43901 16114 11726 8499 3227 129130 24676 7555 89184 121415 7715 116528 0 124243 X 56561 56989 63032 74110 119593 131099 3065 6856 116528 124243 X PURPOSE OF THE ART CENTER SHALL BE TO ENCOURAGE PARTICIPATION IN AND ENJOYMENT OF VISUAL ARTS ENHANCING THE QUALITY OF LIFE FOR MEMBERS OF THE VAN WERT AND SURROUNDING COMMUNITIES AND TO PROMOTE ART INSTRUCTION PURSUANT TO THE TERMS EXPRESSED IN THE WILL OF CHARLES WASSENBERG. ART CLASSES, WORKSHOPS, ART SHOWS, UNIQUE EVENTS AND ACTIVITIES FOR ADULTS AND CHILDREN THROUGHOUT THE YEAR. 0 65845 65845 X BROOKE FUERST EXECUTIVE DIRECTOR 40.00 0 0 0 NANCY JAYNE SMITH INTERIM EXECUTIVE DIRECTOR 20.00 0 0 0 STICKY RAMMEL PRESIDENT 2.00 0 0 0 RACHEL HOVERMAN VICE PRESIDENT 2.00 0 0 0 ELIZABETH ADAMS SECERATARY 1.00 0 0 0 MATT HOSKINS TREASURER 1.00 0 0 0 MICHAEL HOLLIDAY CFO, VAN WERT COMMUNITY FOUNDATION 1.00 0 0 0 EMILY HOSKINS BOARD MEMBER 1.00 0 0 0 ERIN MCMILLEN BOARD MEMBER 1.00 0 0 0 ELLEN RAGER BOARD MEMBER 1.00 0 0 0 KYLE SCHUMM BOARD MEMBER 1.00 0 0 0 BRENT STEVENS BOARD MEMBER 1.00 0 0 0 X 0 1 0 0 0 0 0 0 0 0 0 0 0 0 RENEE THATCHER 138 E MAIN ST VAN WERT OH 45891 4192381743 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 161462 78932 144395 24282 65888 474959 161462 78932 144395 24282 65888 474959 474959 12726 4685 9049 4453 16114 47027 25778 25778 547764 123615 0.86710 0.87380 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED FORM 990-EZ, PART I, LINE 4 - RENTAL INCOME KIND AND LOCATION OF PROPERTY: . AMOUNT: 9,019. FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME DESCRIPTION: INTEREST INCOME. AMOUNT: 7,095. FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY INCOME: GROSS RECEIPTS: 11,726. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 8,499. GROSS PROFIT: 3,227. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 0. MERCHANDISE PURCHASED: 0. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 8,499. OTHER COSTS: 0. INVENTORY AT END OF YEAR: 0. COST OF GOODS SOLD: 8,499. FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: ADVERTISING. AMOUNT: 1,262. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 8,170. DESCRIPTION: INFORMATION TECHNOLOGY. AMOUNT: 3,367. DESCRIPTION: TRAVEL. AMOUNT: 1,468. DESCRIPTION: INSURANCE. AMOUNT: 1,349. DESCRIPTION: PROGRAM EXPENSES. AMOUNT: 65,845. DESCRIPTION: AWARDS. AMOUNT: 4,770. DESCRIPTION: MISCELLANEOUS EXPENSES. AMOUNT: 2,953. TOTAL TO FORM 990-EZ, LINE 16: 89,184. FORM 990-EZ, PAGE 1, LINE G CHANGE IN ACCOUTNING METHOD THE PREVIOUSLY FILED 990 ERRONEOUSLY INDICATED THAT THE METHOD OF ACCOUNTING WAS CASH BASIS. THE ORGANIZATION'S METHOD OF ACCOUNTING IS ACCRUAL BASIS AND THIS HAS BEEN UPDATED ON THE TAX RETURN. FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 4,636. DESCRIPTION: INVESTMENTS. BEG. OF YEAR AMOUNT: 63,032. END OF YEAR AMOUNT: 69,474. FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 3,065. END OF YEAR AMOUNT: 6,856. FORM 990-EZ, PART V, LINE 34 EXPLANATION OF CHANGES TO THE ORGANIZING OR GOVERNING DOCUMENTS THE VAN WERT COUNTY FOUNDATION AND THE WASSENBERG ART CENTER ENTERED IN A JOINDER AGREEMENT THAT ALLOWS EACH ORGANIZATION TO BETTER SERVE ITS CONSTITUENT COMMUNITIES BY FURTHER INTEGRATING BOTH ORGANIZATIONS STRUCTURALLY AND PROGRAMMATICALLY TO MAXIMIZE EFFICIENCIES AND EFFECTIVENESS. THE ART CENTER ACHIEVES THE BENEFITS OF A FULLY INTEGRATED SYSTEM WHILE RETAINING SIGNIFICANT CONTROL OVER POLICY AND STRATEGY RELATED TO THE DELIVERY AND ADMINISTRATION OVER THE ARTS PROGRAMMING IN THE COMMUNITY. THE FOUNDATION ACHIEVES THE ART CENTER MORE FULLY INTEGRATED INTO THE VAN WERT COUNTY FOUNDATION GROUP WITH A MORE EFFECTIVE CORPORATE STRUCTURE. THE FOUNDATION BECOMES THE SOLE CORPORATE MEMBER OF THE ART CENTER WITH SPECIFICALLY DOCUMENTED RESERVE POWERS WHILE THE ART CENTER RETAINS OPERATIONAL CONTROL OVER PROGRAMMING. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.