2024-11-15T13:31:29-06:00 2023-12-31 751044330 LANE GORMAN TRUBITT LLC 2626 HOWELL ST SUITE 700 DALLAS TX 75204 990 2023-01-01 751575687 DALLAS CONTEMPORARY DALL 2148212522 161 GLASS STREET DALLAS TX 75207 LUCIA SIMEK INTERIM EXECUTIVE DIRECTOR 2148212522 2024-11-11 1 1 KEVIN WARNEKE P01294950 2148717500 2023 2024-10-15 13:58:12Z LUCIA SIMEK 161 GLASS STREET DALLAS TX 75207 2687935 0 X WWW.DALLASCONTEMPORARY.ORG X 1977 TX TO PRESENT ART IN A FORUM THAT CULTIVATES ARTISTS, IGNITES LEARNING, AND INSPIRES THE COMMUNITY. 27 27 20 27 0 0 1538584 1649106 0 0 515 7334 147616 796844 1686715 2453284 0 0 0 0 763983 803113 0 54599 303068 1744405 1722453 2508388 2580165 -821673 -126881 4140677 4055485 2077409 2048661 2063268 2006824 X DALLAS CONTEMPORARY PRESENTS ART IN A FORUM THAT CULTIVATES ARTISTS, IGNITES LEARNING AND INSPIRES THE COMMUNITY. DALLAS CONTEMPORARY IS A NON-COLLECTING ART MUSEUM PRESENTING NEW AND CHALLENGING IDEAS FROM REGIONAL, NATIONAL AND INTERNATIONAL ARTISTS. THE INSTITUTION IS COMMITTED TO ENGAGING THE PUBLIC THROUGH EXHIBITIONS, LECTURES, EDUCATIONAL PROGRAMS AND EVENTS. 0 0 1145530 81571 EVENTS AND EXHIBITIONS: SEE SCHEDULE OEVENTS AND EXHIBITIONS: A NON-COLLECTING KUNSTHALLE-STYLE ART SPACE, DALLAS CONTEMPORARY IS A MUSEUM THAT HAS THE PRIVILEGE OF PRESENTING THE FOREFRONT OF CONTEMPORARY ARTISTIC PRACTICE AND ARTISTIC PRODUCTION THROUGH EXHIBITIONS, PERFORMANCES, AND PUBLIC PROGRAMS, TO ADVANCE THE DISCOVERY AND APPRECIATION OF THE ART OF THIS MOMENT. DURING 2023, DALLAS CONTEMPORARY ENGAGED 18,876 VISITORS THROUGH 4 MAJOR EXHIBITIONS. OUR SPRING EXHIBITION PROGRAM FEATURED A SOLO PRESENTATION BY EDUARDO SARABIA AND A MAJOR GROUP EXHIBITION OF THE PRIVATE COLLECTION OF MARCELA AND JOSE NOE SURO, AND OUR FALL EXHIBITIONS FEATURED SOLO PRESENTATIONS BY TEXAS NATIVE CHLOE CHAISSON AND PARIS-BASED BIANCA BONDI. WE ALSO MOUNTED OUR SECOND ANNUAL DALLAS ART BOOK FAIR WHICH GATHERED OUR LARGEST ATTENDANCE DAY TO-DATE, OVER 1500 VISITORS. 62540 EDUCATION AND MEMBERSHIP: DALLAS CONTEMPORARY'S EDUCATION AND MEMBERSHIP INITIATIVES PROVIDE OPPORTUNITIES FOR THE COMMUNITY TO LEARN ABOUT AND EXPERIENCE THE WORLD OF CONTEMPORARY ART FIRSTHAND. THERE ARE MULTIPLE LEVELS OF MEMBERSHIP AND A WIDE VARIETY OF EDUCATIONAL ACTIVITIES TO CHOOSE FROM. MEMBERS ARE PROVIDED WITH EXCLUSIVE OPPORTUNITIES SUCH AS ACCESS TO ATTEND EXHIBITION PREVIEWS, VISITS WITH LOCAL AND INTERNATIONAL ARTISTS, AND SOCIAL EVENTS HOSTED BY DC. THE EDUCATION OFFERINGS INCLUDE SCHOOL AND PUBLIC TOURS, TALKS WITH ARTISTS AND AUTHORS, AND WRITING AND DRAWING SESSIONS HOSTED BY LOCAL ARTISTS. 1208070 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 43 0 1 20 1 0 0 0 0 0 0 0 0 0 0 0 0 X 27 27 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X GINO DAL CIN 2148212522 161 GLASS STREET DALLAS TX 75207 CLIFF RISMAN PRESIDENT 2.00 X X 0 0 0 ANN MCREYNOLDS VICE PRESIDENT 2.00 X X 0 0 0 JOHN RELTON TREASURER 2.00 X X 0 0 0 RODGER KOBES SECRETARY 2.00 X X 0 0 0 KALETA BLAFFER JOHNSON DIRECTOR 2.00 X 0 0 0 SARAH CALODNEY DIRECTOR 2.00 X 0 0 0 DAVID DROESE DIRECTOR 2.00 X 0 0 0 LINDA EWING DIRECTOR 2.00 X 0 0 0 MARK GIAMBRONE DIRECTOR 2.00 X 0 0 0 GEOFF GREEN DIRECTOR 2.00 X 0 0 0 RAND HOROWITZ DIRECTOR 2.00 X 0 0 0 JIM LAZAR DIRECTOR 2.00 X 0 0 0 KARLA MCKINLEY DIRECTOR 2.00 X 0 0 0 TRICIA MILLER DIRECTOR 2.00 X 0 0 0 GARY OWENS DIRECTOR 2.00 X 0 0 0 JANELLE PINNELL DIRECTOR 2.00 X 0 0 0 RICHARD PHILLIPS DIRECTOR 2.00 X 0 0 0 JON PORTER DIRECTOR 2.00 X 0 0 0 ROD SAGER DIRECTOR 2.00 X 0 0 0 PAMELA SARKISIAN DENESUK DIRECTOR 2.00 X 0 0 0 MARK SOLOMON DIRECTOR 2.00 X 0 0 0 JOHN SUGHURE DIRECTOR 2.00 X 0 0 0 ASHLEY TATUM DIRECTOR 2.00 X 0 0 0 MAXINE TROWBRIDGE DIRECTOR 2.00 X 0 0 0 SHELBY WAGNER DIRECTOR 2.00 X 0 0 0 CHRISTY WILLIAMS DIRECTOR 2.00 X 0 0 0 CATALINA GONZALEZ DIRECTOR 2.00 X 0 0 0 CAROLINA ALVAREZ-MATHIES EXECUTIVE DIRECTOR 40.00 X 192733 0 2267 MARY SIMEK DEPUTY EXECUTIVE DIRECTOR 40.00 X 119218 0 1199 311951 0 3466 2 0 1 0 THE BOX COMPANY 2533 SAN MARCUS AVENUE DALLAS TX 75228 CONTRACT LABOR AND SERVICES 106919 1 19846 663588 965672 125000 1649106 7334 7334 949924 663588 234651 715273 715273 74219 0 74219 74219 7352 7352 7352 2453284 81571 0 722607 X 195000 195000 508287 295701 149224 63362 41600 18504 19131 3965 58226 24560 28403 5263 54599 54599 660829 367675 244468 48686 45150 7507 33799 3844 294244 161451 60416 72377 14737 7141 7114 482 234435 39563 190705 4167 189016 93286 55258 40472 114745 55599 55391 3755 123378 118443 4935 34577 16754 16692 1131 11342 1886 8491 965 2580165 1208070 1069027 303068 680236 627325 163876 109386 125000 2422 14838 4929265 1750329 3294143 3178936 4140677 4055485 123153 128644 1954256 1920017 2077409 2048661 X 1993122 1946604 70146 60220 2063268 2006824 4140677 4055485 -126881 70437 0 X X 0 1 X 1 0 X 1449082 1011371 1055312 1538584 1649106 6703455 1449082 1011371 1055312 1538584 1649106 6703455 477918 6225537 5652 1505 1005 515 7334 16011 121820 715273 837093 7556559 2408726 0.82390 0.91660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 537424 537424 4113450 1471938 2641512 150241 150241 0 128150 128150 0 3178936 X 2469122 70437 70437 2398685 54599 54599 2453284 2525566 0 2525566 54599 54599 2580165 PART X, LINE 2: THE ORGANIZATION IS A NONPROFIT PUBLICLY SUPPORTED ORGANIZATION, AS DEFINED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODEE (IRC) THAT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE IRC. FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022, THE ORGANIZATION DID NOT CONDUCT ANY UNRELATED BUSINESS ACTIVITIES THAT WOULD BE SUBJECT TO FEDERAL INCOME TAXES AND HAD NO UNCERTAIN TAX POSITIONS. THEREFORE, NO TAX PROVISION OR LIABILITY HAS BEEN REPORTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GAAP REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN IN THE COURSE OF PREPARING THE ORGANIZATION'S TAX RETURN AND RECOGNITION OF A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2023 AND 2022, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 54,599. PART XII, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 54,599. X X X X X X X 1 CLARKSON DAVIS LLC 420 CENTRAL ROAD RYE NH 03870 PLANNING AND FORECASTING 0 1488674 48000 1488674 MURAD AUCTION SERVICES PO BOX 831902 RICHARDSON TX 75083 EVENT BIDDING AND MANAGEMENT 0 793001 6599 793001 2281675 54599 2281675 SURO DINNER 124838 124838 GALA 1488674 538750 949924 93463 40495 100693 1613512 663588 949924 93463 40495 100693 234651 715273 X X X 0 0 0 0 0 0 0 0 0 CAROLINA ALVAREZ-MATHIES EXECUTIVE DIRECTOR 192733 0 0 0 0 0 0 0 2267 0 195000 0 0 0 X 1 125000 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE UPDATED IN 2023 FOR SEVERAL CHANGES, WHICH INCLUDE: THE QUORUM FOR BOARD MEETINGS WAS RAISED FROM 1/3 TO 40%; EXPANDED THE INDEMNIFICATION PROVISIONS OF THE BYLAWS TO THE MAXIMUM EXTENT PERMITTED BY LAW; ADJUSTED LANGUAGE TO ALLOW FOR TWO PRESIDENTS/CHAIRS OF THE BOARD OF DIRECTORS; INTRODUCED NEW LANGUAGE TO ALLOW FOR A CLASS OF DIRECTORS THAT WOULD BE NON-VOTING MEMBERS ("OBSERVERS"). FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE CPA FIRM, PRESENTED TO AND REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS, WHICH MAKES A RECOMMENDATION FOR APPROVAL BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS RECOMMENDS, AND THE FULL BOARD OF DIRECTORS APPROVES THE COMPENSATION LEVEL FOR THE EXECUTIVE DIRECTOR BASED ON COMPARATIVE DATA FROM SIMILIAR ORGANIZATIONS. IN THE PAST, THE COMMITTEE HAS USED THE SERVICES OF INDEPENDENT CONSULTANTS TO ASSIST IN THIS PROCESS. THE COMMITTEE AND THE EXECUTIVE DIRECTOR TOGETHER DEVELOP ANNUAL PERFORMANCE GOALS AND OBJECTIVES FOR THE EXECUTIVE DIRECTOR, AND, AT THE END OF THE YEAR, THE COMMITTEE CONDUCTS AN ANNUAL PERFORMANCE REVIEW. THE ORGANIZATION USES VARIOUS PUBLIC SOURCES TO GATHER INFORMATION ON COMPENSATION LEVELS FOR COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS, ADJUSTED FOR THE NORTH TEXAS REGION. IN ADDITION, MERIT INCREASES MAY BE GRANTED, BASED ON PERFORMANCE REVIEWS. THE ORGANIZATION USES VARIOUS PUBLIC SOURCES TO GATHER INFORMATION ON COMPENSATION LEVELS FOR COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS, ADJUSTED FOR THE NORTH TEXAS REGION. IN ADDITION, MERIT INCREASES MAY BE GRANTED, BASED ON PERFORMANCE REVIEWS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACT LABOR: PROGRAM SERVICE EXPENSES 310,077. MANAGEMENT AND GENERAL EXPENSES 13,681. FUNDRAISING EXPENSES 21,240. TOTAL EXPENSES 344,998. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 32,580. MANAGEMENT AND GENERAL EXPENSES 118,155. FUNDRAISING EXPENSES 14,637. TOTAL EXPENSES 165,372. CONSULTING FEES: PROGRAM SERVICE EXPENSES 25,018. MANAGEMENT AND GENERAL EXPENSES 112,632. FUNDRAISING EXPENSES 12,809. TOTAL EXPENSES 150,459. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.