2024-11-25T12:19:15-06:00 2023-09-30 410746749 CLIFTONLARSONALLEN LLP 4501 TAMIAMI TRAIL NORTH SUITE 200 NAPLES FL 341033548 990 2022-10-01 591022882 NAPLES ART ASSOCIATION INC NAPL 2392626517 585 PARK ST NAPLES FL 34102 FRANK VERPOORTEN EXECUTIVE DIRECTOR/CHIEF CURATOR 2392626517 2024-11-21 1 1 AMELIA COOPER P00437898 2392628686 2024-11-21 2022 2024-10-15 13:58:12Z FRANK VERPOORTEN 585 PARK ST NAPLES FL 34102 3238691 0 X WWW.NAPLESART.ORG X 1954 FL TO ENLIGHTEN, ENGAGE, EDUCATE, AND ENRICH THE COMMUNITY AS A HUB OF VISUAL ARTS IN SW FLORIDA. 11 11 14 174 54193 0 667920 741734 912230 1262050 56465 52336 -67851 -23207 1568764 2032913 0 9880 0 0 759327 992563 0 0 173905 1216986 1262950 1976313 2265393 -407549 -232480 2585042 1867767 615238 130443 1969804 1737324 X TO ENLIGHTEN, ENGAGE, EDUCATE, AND ENRICH THE COMMUNITY AND TO BUILD ON NAPLES ART'S HISTORY AND POSITION OF LEADERSHIP AS A HUB OF VISUAL ARTS IN SOUTHWEST FLORIDA. WE BELIEVE ART CAN CHANGE LIVES AND IMPROVE ENTIRE COMMUNITIES. CONTINUED ON SCHEDULE OTHROUGH OUR UNIQUE AND ENGAGING PROGRAMS, CLASSES, EXHIBITIONS, AND EVENTS, NAPLES ART ENHANCES COMMUNITYWIDE APPRECIATION FOR AND UNDERSTANDING OF THE VISUAL ARTS AND SUPPORTS ARTISTS OF ALL AGES AND ASPIRATIONS. 0 0 973758 656420 EXHIBITIONS: THE NAPLES ART INSTITUTE OFFERS AN ANNUAL SCHEDULE OF MODERN AND CONTEMPORARY ART EXHIBITIONS FEATURING ART FROM EMERGING AS WELL AS ESTABLISHED ARTISTS OF LOCAL, NATIONAL, AND INTERNATIONAL ORIGIN. WE AIM TO KEEP ADMISSION FREE FOR LOCAL RESIDENTS VIEWING LOCAL TALENT, TO SUPPORT THE VISUAL ARTS IN OUR COMMUNITY AND TO PROVIDE ARTISTS A PLATFORM TO CONNECT WITH OUR LOCAL AUDIENCE. 546372 9880 354967 CLASSES/WORKSHOPS: THE NAPLES ART INSTITUTE BELIEVES ART AND ART EDUCATION ARE VITAL TO OUR SOCIETY AS A WHOLE AND NECESSARY AS PART OF A HEALTHY LIFESTYLE. NAI HOSTS A VARIETY OF YEAR-ROUND ADULT AND YOUTH STUDIO CLASSES AND WORKSHOPS IN A RANGE OF SKILL LEVELS, AS WELL AS A 7-WEEK ARTSCOOL YOUTH SUMMER CAMP. AT NAPLES ART INSTITUTE, WE FOSTER AN ENVIRONMENT OF INCLUSIVITY AND EQUITY FOR ALL INDIVIDUALS AND ENCOURAGE OUR STAFF, INSTRUCTORS, AND STUDENTS TO ACTIVELY CONTRIBUTE TO A COMPASSIONATE AND SUPPORTIVE ATMOSPHERE THAT NURTURES CREATIVE EXPRESSION. AS A LEADER IN THE VISUAL ARTS IN OUR COMMUNITY, WE ARE DEDICATED TO ENSURING ART IS ACCESSIBLE AND AFFORDABLE TO ALL AND WE OFFER FREE OUTREACH ART PROGRAMS TO UNDERSERVED POPULATIONS. 362178 232963 OUTDOOR ART SHOW: THREE MAJOR ANNUAL JURIED OUTDOOR ART FAIRS HOSTED BY NAI IN THE CENTER OF THE CITY OF NAPLES PROVIDE OVER 70,000 ATTENDEES ACCESS TO ARTWORK FROM REGIONAL, NATIONAL AND INTERNATIONAL ARTISTS. OUR ART FAIR PROGRAM INCLUDES OUR MORE INTIMATE ART IN THE PARK SERIES, WHICH PROVIDES LOCAL ARTISTS THE OPPORTUNITY TO SHOWCASE AND SELL THEIR ARTWORK. 1882308 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 33 0 1 14 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 FL X ROSANNE COSCIA 2392626517 585 PARK ST NAPLES FL 34102 RICKI BAKER PRESIDENT 8.00 X X 0 0 0 JASON PALMISANO UNTIL 0323 TREASURER 5.00 X X 0 0 0 BOB RAVITZ DIRECTOR 3.00 X 0 0 0 BRUCE BARONE DIRECTOR 3.00 X 0 0 0 DON DEMICHELE UNTIL 0223 DIRECTOR 3.00 X 0 0 0 ELLIN GOETZ DIRECTOR 3.00 X 0 0 0 EUGENIE BODICK-KOREST DIRECTOR 3.00 X 0 0 0 FRED LUCONI DIRECTOR 3.00 X 0 0 0 GUNTHER WINKLER UNTILL 1022 DIRECTOR 3.00 X 0 0 0 JANE GRAHAM DIRECTOR 3.00 X 0 0 0 LORRAINE ANTONIELLO KOSTYRA DIRECTOR 3.00 X 0 0 0 MARGIE P WHITE DIRECTOR 3.00 X 0 0 0 MERLIN LICKHALTER DIRECTOR 3.00 X 0 0 0 NEAL BENHAM UNTIL 0423 DIRECTOR 3.00 X 0 0 0 PAUL PERRY DIRECTOR 3.00 X 0 0 0 ROBERT WALPOLE UNTIL 1122 DIRECTOR 3.00 X 0 0 0 ROSE-MARIE VAN OTTERLOO DIRECTOR 3.00 X 0 0 0 VALERIE GHOUSSAINI UNTIL 0223 DIRECTOR 3.00 X 0 0 0 FRANK VERPOORTEN EXECUTIVE DIRECTOR & CHIEF 40.00 X 202307 0 0 202307 0 0 1 0 1 0 0 67374 314276 114500 245584 57345 741734 FESTIVALS 900099 674120 656420 17700 ART EDUCATION 900099 354967 354967 EXHIBITIONS 900099 232963 232963 1262050 12570 0 12570 12570 12570 1040746 985451 2959 55295 -2959 52336 52336 69750 314276 142020 -72270 -72270 111841 75348 36493 36493 2032913 1244350 54193 -7364 9880 9880 209997 144898 29400 35699 735717 507645 103000 125072 46849 32326 6559 7964 53258 46334 6391 533 7710 7710 114228 99379 13707 1142 49287 42881 5913 493 14048 12223 1685 140 19482 16949 2338 195 102301 89002 12276 1023 1048 912 126 10 23380 20341 2806 233 130646 113662 15678 1306 5984 5206 718 60 EXHIBITIONS 418122 418122 ART EDUCATION 187886 187886 OUTDOOR ART FAIRS 131872 131872 OTHER EXPENSES 3479 2571 873 35 219 219 2265393 1882308 209180 173905 11105 40442 616 448 31 9073 8587 15085 88076 4484571 2754389 1863790 1730182 685373 1 2585042 1867767 115239 77758 48930 499999 0 0 3755 615238 130443 X 1969804 1737324 1969804 1737324 2585042 1867767 -232480 0 X 0 0 0 X 315263 374249 570313 667920 741735 2669480 815303 635937 637285 926691 1244350 4259566 1130566 1010186 1207598 1594611 1986085 6929046 343659 343659 0 343659 343659 6585387 71252 43256 19384 34451 12570 180913 71252 43256 19384 34451 12570 180913 1201818 1053442 1226982 1629062 1998655 7109959 0.92620 0.02540 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 0 719102 719102 718263 839 719102 706119 12144 718263 720209 -14090 706119 0.00000 0.00000 0.00000 3724813 2380497 1344316 534650 169297 365353 217349 199330 18019 7759 5265 2494 1730182 ACCRUED EXPENSE 3755 3755 X PART III, LINE 1A: THE COLLECTIONS ARE MAINTAINED FOR PUBLIC EXHIBITION, EDUCATION, AND RESEARCH IN FURTHERANCE OF PUBLIC SERVICE, RATHER THAN FOR FINANCIAL GAIN. THE ASSOCIATION'S COLLECTIONS, ACQUIRED THROUGH PURCHASE AND DONATION, ARE NOT RECOGNIZED AS ASSETS IN THE ORGANIZATION'S FINANCIAL STATEMENTS. PURCHASES OF COLLECTION ITEMS ARE RECORDED IN THE YEAR IN WHICH THE ITEMS WERE ACQUIRED AS DECREASES IN UNRESTRICTED OR TEMPORARILY RESTRICTED ASSETS, DEPENDING ON THE SOURCE OF THE ASSETS USED TO PURCHASE THE ITEMS AND WHETHER THOSE ASSETS WERE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS. PURSUANT TO ASSOCIATION POLICY, PROCEEDS FROM THE SALE OF ART ARE RECORDED AS TEMPORARILY RESTRICTED NET ASSETS FOR THE ACQUISITION OF WORKS OF ART. PART III, LINE 4: COLLECTION INCLUDES VARIOUS WORKS OF ART FROM ARTISTS INCLUDING PAINTINGS, WATERCOLORS, SCULPTURES, AND READING MATERIALS. THESE WORKS ARE PRESENTED TO THE PUBLIC DURING VARIOUS EXHIBITIONS AND EVENTS AND SERVE TO FURTHER THE ORGANIZATION'S MISSION OF PROMOTING AND ADVANCING EDUCATION, INTEREST, AND PARTICIPATION IN THE VISUAL ARTS. PART X, LINE 2: THE ASSOCIATION FOLLOWS THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THIS GUIDANCE CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS. THIS STANDARD HAS NO IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. SCENE TO BE SEEN 2023 363026 298526 64500 1250 61580 60806 9741 IDB DINNER 21000 15750 5250 7599 1044 384026 314276 69750 1250 69179 60806 10785 142020 -72270 0 ARTSCOOL TUITION ASSISTANCE (CHILDREN ART EDUCATION) 46 9880 N/A DISCOUNT ON TUITION PART I, LINE 2: TUITION ASSISTANCE IS ALSO AVAILABLE FOR ART EDUCATION CLASSES TAKEN AT NAPLES ART INSTITUTE. THIS ASSISTANCE IS PROVIDED AS A DISCOUNT APPLICABLE TO CLASS REGISTRATION FEES. X 0 0 0 0 0 0 0 0 0 FRANK VERPOORTEN EXECUTIVE DIRECTOR & CHIEF 202307 0 0 0 0 0 0 0 0 0 202307 0 0 0 X NONCASH EXPENSE (DONATED)- FUNDRISING 27 57345 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE PRESIDENT, AS CHAIR, AND ALL OTHER OFFICERS, TOGETHER WITH THE CORPORATION'S IMMEDIATE PAST PRESIDENT, SHALL CONSTITUTE THE CORPORATION'S EXECUTIVE COMMITTEE (THE "EXECUTIVE COMMITTEE"). THE EXECUTIVE COMMITTEE SHALL, IN CONJUNCTION WITH THE PRESIDENT AND SUBJECT TO THE MAJORITY APPROVAL OF AND RATIFICATION BY THE BOARD OF DIRECTORS, SERVE AS THE INITIAL DECISION MAKING AUTHORITY FOR THE CORPORATION. THE EXECUTIVE DIRECTOR/CHIEF EXECUTIVE OFFICER SHALL BE PRESENT AT THE MEETINGS OF THE EXECUTIVE COMMITTEE, UNLESS EXCUSED BY THE EXECUTIVE COMMITTEE, BUT SHALL NOT BE A MEMBER THEREOF. FORM 990, PART VI, SECTION B, LINE 11B AFTER THE RETURN IS PREPARED BY AN INDEPENDENT ACCOUNTANT, IT IS REVIEWED BY THE EXECUTIVE DIRECTOR. AFTER ANY UPDATES ARE MADE, THE ENTIRE BOARD OF DIRECTORS RECEIVES AN ELECTRONIC COPY OF THE FORM 990 BY EMAIL PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANNUALLY ANY RELATIONSHIPS THAT MAY GIVE RISE TO CONFLICTS OF INTEREST. DURING BOARD MEETINGS, DIRECTORS ARE ASKED TO DISCLOSE ANY CONFLICTS AND ARE EXCLUDED FROM ANY DECISIONS RELATED TO ANY IDENTIFIED CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A THE PERSONNEL COMMITTEE OF THE BOARD OF DIRECTORS WILL REVIEW TOP MANAGEMENT'S COMPENSATION FOR APPROPRIATENESS ON AN ANNUAL BASIS; THE MOST RECENT REVIEW WAS PERFORMED IN SEPTEMBER 2023. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST