2024-09-26T07:35:50-05:00 2023-12-31 760269860 Blazek & Vetterling 2900 Weslayan Suite 200 Houston TX 77027 990PF 2023-01-01 742517850 Ryobi Foundation RYOB 9196193295 13110 Highway 82 Carbondale CO 81623 Barbara Hapgood CEO 9196193295 2024-09-26 1 0 Kurt Coburn P01638285 7134395739 2024-09-26 2023 2024-08-08 14:25:15Z X 848700860 X 12805 196905 196905 196905 618315 618315 618315 1106535 13207465 1106165 0 10090 -578 12551 1944650 1920807 827771 384000 0 0 384000 309229 0 13129 296100 97014 0 0 97014 10230 5115 5115 5115 223137 191342 191342 31795 28334 11334 11334 17000 355056 0 0 86320 0 0 86320 50002 0 0 50002 4487 0 0 4487 623068 16414 16414 606401 2170877 224205 237334 1578234 0 0 2170877 224205 237334 1578234 -226227 1696602 590437 31775 7079 7079 4241273 3972254 3972254 1782433 1718008 1730320 44143988 42588492 55714701 946579 941240 913029 101675 834358 719013 16927515 3111051 12622529 13816464 18644464 227956225 227727225 767000000 291826477 291605120 848700860 4870 6747002 6747002 6747002 6751872 X 0 0 0 0 285079475 284853248 285079475 284853248 291826477 291605120 285079475 -226227 0 284853248 0 284853248 Publicly traded securities 13016164 11821930 1194234 1194234 Art: Esoteric Buddhist Bodhisattva D 2013-07-25 2023-07-06 190000 279000 -89000 -89000 From Sch K-1 (Form 1065) P 931 931 931 1106165 -247334 23583 0 23583 0 23583 16910 0 15000 0 31910 X 0 8327 8327 0 0 0 0 0 0 0 0 0 0 0 1 1 CO 1 1 0 0 0 1 www.powersartcenter.org Barbara J Hapgood 9709634445 13110 Highway 82 Carbondale CO 81623 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Barbara J Hapgood 13110 Highway 82 Carbondale CO 81623 CEO 40.00 309000 0 0 James T Bohart Jr 13110 Highway 82 Carbondale CO 81623 Treasurer 15.00 35000 0 0 Matt Hapgood 13110 Highway 82 Carbondale CO 81623 Board Member 20.00 20000 0 0 Holly Bohart 13110 Highway 82 Carbondale CO 81623 Board Member 15.00 20000 0 0 Melissa T English 13110 Highway 82 Carbondale CO 81623 Powers Art Center Di 40.00 103958 4893 0 Sonya Taylor Moore 13110 Highway 82 Carbondale CO 81623 Director of Educatio 40.00 84760 4556 0 Bradley Walters 13110 Highway 82 Carbondale CO 81623 Director of Operatio 40.00 70337 1646 0 0 FUSE Architecture Interior 220 East Colorado Ave Suite 304 Telluride CO 81435 Architectural services 768458 Bessemer Trust Co NA 630 Fifth Avenue New York NY 10111 Investment management 191342 Aros LLC 7711 W 6th Ave Unit E Denver CO 80214 Lighting design 146648 Johnson Controls Fire Protection LP 14200 East Exposition Avenue Aurora CO 80012 Electrical engineering 86181 Humble Bear Landcrafting LLC 6195 County Road 109 Carbondale CO 81623 Landscaping design 55650 0 See Statement 14 2800970 0 53926227 4091022 392656 58409905 0 0 58409905 876149 57533756 2876688 X 1578234 0 1272735 2850969 X 590437 534739 673238 468581 2266995 501871 454528 572252 398294 1926946 2850969 2610148 1306730 4113589 10881436 0 0 0 0 0 2850969 2610148 1306730 4113589 10881436 848700860 402985102 416993113 406829616 2075508691 785644464 348743244 344982782 342493748 1821864238 0 0 0 0 0 X 0 0 Sale of donated items 13129 14 196905 14 618315 525990 370 18 1106165 From Sch K-1 (Form 1065) 525990 -2461 14 -578 -2091 1920807 13129 1931845 1a The Powers Art Center promotes art appreciation and education through the sale of informational art books, pottery, and crystals from the former collection of John and Kimiko Powers. 0 0 0 0 0 0 0 0 0 0 X X 1 CRC LLC 13 Friday Lane Chapel Hill NC 27514 12000 X Accounting and tax compliance 10230 5115 5115 5115 Buildings 2015-01-01 12823336 2202864 SL 39.000000000000 321048 0 0 Furniture and Fixtures 2015-01-01 100784 48811 SL 5.000000000000 11139 0 0 Machinery and Equipment 2008-10-01 612140 504320 SL 5.000000000000 22869 0 0 Land 2008-10-01 3391255 L 0 0 0 From Sch K-1 (Form 1065) Purchased 370 Cost 0 370 Activity One Part VIII-A, Direct Charitable Activities The Ryobi Foundation runs and operates the Powers Art Center, the Ryobi House, manages hundreds of acres of land under conservation easement, and works with other institutions to show art from artists that were part of the former collection of John and Kimiko Powers. The majority of the charitable activities are programs and exhibits through the Powers Art Center. In 2023, the Powers Art Center was open to the public year round, with public hours and designated group tours days. Much of the Powers Art Center highlights the life work of Jasper Johns, but also showcases a rotating exhibit of other artists from the esteemed former collection of John and Kimiko Powers. The foundation continues to acquire important works produced by Jasper Johns. To accompany the viewing of art, the Powers Art Center also supports an extensive library for studying modern art and runs educational videos about modern art.The Powers Art Center is free to the public for viewings and hosts field trips for elementary schools, middle schools, high schools, and the local community college. In addition to hosting school and student groups, the Ryobi Foundation hosted museum and art groups from a variety of institutions with the hope of creating stronger collaboration and making the collection available more widely. During the summer of 2023, the Ryobi Foundation continued it children's art program on Thursdays.The Ryobi Foundation continued its successful program working with art teachers in the Roaring Fork Valley to provide access and educational material to teachers and schools. Schools from Grand Junction, CO to Denver, CO, to Aspen, CO, participated in the program.In addition to creating a world of contemporary art for the community and broader public's enjoyment, the Ryobi Foundation maintains a working ranch that protects a traditional Colorado viewshed and provides conservation lands for wildlife. 45,000 Abbvi Inc 3.600% 05/14/2025 46510 44206 30,000 Air Lease Corp 5.850% 12/15/2027 29724 30787 25,000 Amazon.Com Inc 3.600% 04/13/2032 24954 23798 30,000 America Express Co 6.338% 10/30/2026 30045 30603 25,000 AutoZone Inc 4.500% 02/01/2028 24975 24862 25,000 Bank of America Corp 5.015% 07/22/2033 25050 24716 30,000 Bank of Montreal 5.830% 01/10/2025 30000 29916 30,000 Blackrock Inc 2.100% 02/25/2032 29733 25079 30,000 Capital One Financial Co 5.468% 02/01/202 29113 30006 40,000 Charles Schwab Corp 2.000% 03/20/2028 40160 35618 25,000 Cintas Corporation No. 2 3.450% 05/01/2025 24994 24531 40,000 Citigroup Inc 3.668% 07/24/2028 43281 38134 40,000 Comcast Corp 3.950% 10/15/2025 41909 39484 25,000 D.R. 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Inc 72337 72121 308 Cooper Companies Inc 75020 116559 5,800 Copart Inc 160745 284200 5,680 Corteva Inc 250886 272185 1,237 Costco Wholesale Corporation 425529 816517 1,525 CRH PLC 105270 105469 2,045 Danaher Corp 289107 473089 131 Deere & Co 25180 52382 3,100 Diageo PLC 132075 112750 1,832 Dollarama Inc 51346 132428 1,204 Eaton Corporation PLC 140251 289946 302 Elevance Health Inc 100329 142411 175 Eli Lilly And Co 101610 102011 574 Equifax Inc 82026 141944 973 Expedia Group Inc 140797 147691 3,235 Fiserv Inc 344095 429737 1,185 Fortinet Inc 35197 69358 575 Franco-Nevada Corp 87469 63885 3,750 Freeport-McMoRan Inc 152547 159637 537 Gartner Inc 198922 242246 506 Genuine Parts Co 45991 70081 4,785 HDFC Bank Ltd 273754 321121 1,525 Health Care Select Sector SPDR Fund 207946 207979 163 Hershey Co 18532 30389 1,294 Hilton Hotels Corporation 133015 235624 290 Home Depot Inc 53578 100499 5,600 Howmet Aerospace Inc 203266 303072 325 ICON PLC 92562 91997 250 Illinois Tool Works Inc. 30682 65485 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79317 210 ServiceNow Inc 37643 148362 725 Sherwin-Williams Co 171164 226127 1,700 Siemens AG 271508 318479 588 Simon Property Group Inc 56695 83872 626 Starbucks Corp 45172 60102 573 Steris PLC 67505 125974 1,800 Take-Two Interactive Software, Inc 231288 289710 270 Target Corp 47364 38453 856 TE Connectivity Ltd 61521 120268 223 Teleflex Inc 60387 55602 348 Texas Instruments Inc 31391 59320 987 Thermo Fisher Scientific Inc 348801 523888 146,484 Touchstone Sands Capital Emerging Markets Growth Fund Class R6 3305505 2053702 1,202 Tradeweb Markets Inc 80426 109237 4,200 TransUnion 289550 288582 2,054 Truist Financial Corp 76794 75833 221 Ulta Beauty Inc 96701 108287 417 Union Pacific Corp 56524 102423 413 United Rentals, Inc. 130464 236822 1,701 UnitedHealth Group Inc 543928 895525 2,727 US Foods Holding Corp 75233 123833 339 Veralto Corp 23551 27886 2,367 Verizon Communications Inc. 114703 89235 3,306 Visa Inc 445497 860716 750 Vulcan Materials Company 131306 170257 2,107 Walmart Inc 314188 332168 457 Waste Management, Inc. 45557 81848 442 WEX Inc 58140 85991 2,435 Willscot Holdings Corp 116112 108357 339 Zoetis Inc 68753 66908 1718008 1730320 0 0 Fifth Avenue Private Equity 16 LLC AT COST 145473 169780 Fifth Avenue Private Equity 17 LLC AT COST 13885 15771 Generation IM Sustainable Solutions Fund IV (B), ILP AT COST 675000 533462 Buildings 12823336 2523912 10299424 10299424 Furniture and Fixtures 100784 59950 40834 40834 Machinery and Equipment 612140 527189 84951 84951 Land 3391255 0 3391255 8219255 Kimiko Powers Former President/Director 2950000 6747002 2009-06 None None Support charitable activities N/A 6747002 Jasper Johns Art Collection 3104725 3104725 170000000 Art - Other 520000 570000 570000 Post-War and Contemp. Art 176181000 176181000 561430000 Art Prints and Multiples 15364000 15364000 10000000 Japanese Art Collection 32786500 32507500 25000000 Bank charges 1434 142 142 1292 Dues and subscriptions 2587 0 0 2587 Event expenses 8902 0 0 8902 Insurance 297418 0 0 297418 K-1 expenses 16525 16272 16272 0 Office expense 35639 0 0 35639 Repairs and maintenance 258437 0 0 258437 Supplies 2126 0 0 2126 Sale of donated items 13129 13129 From Sch K-1 (Form 1065) -3039 -578 -578 IT services 30487 0 0 30487 Investment management fees 191342 191342 191342 0 Engineering services 1308 0 0 1308 Foreign tax 11334 11334 11334 0 Excise tax 17000 0 0 17000