2024-11-11T14:56:37-06:00 2023-12-31 SMITH & HOWARD ADVISORY LLC 271 17TH STREET NW SUITE 2100 ATLANTA GA 30363 990 2023-01-01 816014902 YELLOWSTONE ART MUSEUM % THE ORGANIZATION YELL 4062566804 401 N 27TH ST BILLINGS MT 59101 JESSICA KAY RUHLE EXECUTIVE DIRECTOR 4062566804 2024-11-15 true true SABRE J LINAHAN P01372980 4048746244 2024-11-15 2023 2024-10-15 13:58:12Z JESSICA KAY RUHLE 401 N 27TH ST BILLINGS MT 59101 3837818 false X N/A X 1964 MT THE YELLOWSTONE ART MUSEUM EXHIBITS, INTERPRETS, COLLECTS AND PRESERVES ART, FOR THE ENRICHMENT, EDUCATION, INSPIRATION AND ENJOYMENT OF ALL. 13 12 25 77 -23489 0 968026 1443807 40938 92648 79808 658351 122530 29321 1211302 2224127 500 0 0 0 774355 835809 0 0 71955 1049573 1056352 1824428 1892161 -613126 331966 10377284 10710379 522148 709450 9855136 10000929 THE YELLOWSTONE ART MUSEUM EXHIBITS, INTERPRETS, COLLECTS AND PRESERVES ART, FOR THE ENRICHMENT, EDUCATION, INSPIRATION AND ENJOYMENT OF ALL. false false 846468 84819 THE CURATORIAL FUNCTION OVERSEES THE CARE AND DOCUMENTATION OF THE PERMANENT COLLECTION, RESEARCHES AND COORDINATES TEMPORARY AND PERMANENT EXHIBITIONS, RESEARCHES AND WRITES ART-RELATED PUBLICATIONS AND COORDINATES AN ANNUAL SERIES OF ADULT PROGRAMS. 374105 37490 THE EDUCATION FUNCTION PREPARES AND PRESENTS CURRICULUM-BASED AND ENRICHMENT PROGRAMS TO CHILDREN PRE-K THROUGH HIGH SCHOOL, BOTH ONSITE AND THROUGH OUTREACH PROGRAMMING. THE EDUCATION PROGRAM HAS PROGRAMS FOR ALL AGES, INCLUDING SUMMER CAMPS AND PROGRAMS FOR ADULTS, ADULTS WITH ALZHEIMER'S AND THE MONTANA WOMEN'S PRISON. 1220573 true true false false false false false true false true true true false false true true true false false false false false false false true false false false false false false false false true false false false false true false false false false false false false true 128 0 true 25 true false false false false false true true false false false false false false X 13 12 false false false false false false false true true false false true true true true true true true false false X X X THE ORGANIZATION 4062566804 401 N 27TH STREET BILLINGS MT 59101 JESSICA KAY RUHLE EXECUTIVE DIRECTOR 40.0 0.0 X 128172 0 13061 MATTHEW STROUD PRESIDENT 2.0 0.0 X X 0 0 0 DEBORAH ANSPACH IMMEDIATE PAST PRESIDENT 2.0 0.0 X X 0 0 0 KIM OLSEN VICE PRESIDENT 2.0 0.0 X X 0 0 0 SUSAN SULLIVAN SECRETARY/TREASURER 2.0 0.0 X X 0 0 0 BESS LOVEC TRUSTEE 2.0 0.0 X 0 0 0 LORNEL BAKER TRUSTEE 2.0 0.0 X 0 0 0 JUNI CLARK TRUSTEE 1.0 0.0 X 0 0 0 TODD FORSGREN TRUSTEE 1.0 0.0 X 0 0 0 LYNETTE JENSEN TRUSTEE 1.0 0.0 X 0 0 0 LAURENCE MARTIN TRUSTEE 1.0 0.0 X 0 0 0 GARY OAKLAND TRUSTEE 1.0 0.0 X 0 0 0 KEVIN RED STAR TRUSTEE 1.0 0.0 X 0 0 0 DONNA TODD TRUSTEE 1.0 0.0 X 0 0 0 128172 0 13061 1 false false false 0 70889 123609 214563 1034746 63160 1443807 ADMISSIONS/FACILITIES 900099 31833 31833 EDUCATION FEES 900099 60815 60815 92648 119750 119750 0 0 36253 54379 -18126 0 -18126 -23489 5363 1695539 1156938 538601 538601 538601 403285 123609 385499 17786 17786 0 0 0 33873 16875 16998 16998 OTHER INCOME 900099 12663 12663 12663 2224127 122309 -23489 681500 0 0 0 0 142433 99703 39881 2849 0 504247 368237 125391 10619 17288 9221 7707 360 1997 1065 890 42 169844 99839 66468 3537 0 0 57255 57255 0 0 27433 27433 100387 36437 62998 952 52653 51191 1462 68985 35808 15836 17341 0 0 226036 144621 73648 7767 5213 5165 48 0 0 0 0 273578 187751 76628 9199 39980 27887 11187 906 EXHIBITS 81249 81249 EQUIPMENT 57777 34574 14457 8746 OTHER 29618 14460 8137 7021 BANK CHARGES 16795 9969 6826 19393 13396 4843 1154 1892161 1220573 599633 71955 78203 65735 333519 185296 0 0 3938 142883 0 0 0 0 0 0 10196 13026 15192 29627 10908839 5744142 5208476 5164697 0 0 4706521 5097482 0 0 21239 11633 0 0 10377284 10710379 124034 95366 0 0 36332 45160 0 0 0 0 0 100000 190998 183795 0 0 170784 285129 522148 709450 X 5139979 4620682 4715157 5380247 9855136 10000929 10377284 10710379 331966 -186173 X false true X true false X 1098196 1344745 1361825 968026 1443807 6216599 0 0 1098196 1344745 1361825 968026 1443807 6216599 391581 5825018 184341 159030 186003 181481 125113 835968 17786 17786 69692 25849 34309 40443 12663 182956 7253309 283082 0.80308 0.84320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X false 4706521 31110 568953 209102 5097482 5646320 61705 -761042 240462 4706521 4838424 351598 685190 228892 5646320 4423970 124243 522626 232415 4838424 3771620 177877 762549 288076 4423970 0.02710 0.63800 0.33490 true false 1027532 1027532 9297008 5209301 4087707 66392 58855 7537 517907 475986 41921 5164697 US BANK INVESTMENTS 2494640 F FIB WEALTH MANAGEMENT 2278341 F STOCKMAN WEALTH MANAGEMENT 324501 F 5097482 0 GIFT ANNUITY PAYABLE 285129 285129 X 2475709 -186173 8435 456753 279015 2196694 27433 27433 2224127 2329916 8435 456753 465188 1864728 27433 27433 1892161 SCHEDULE D, PART III, LINE 1A IN CONFORMITY WITH ACCOUNTING PRINCIPLES GENERALLY FOLLOWED BY ART MUSEUMS, THE VALUE OF THE MUSEUM'S COLLECTIONS HAS BEEN EXCLUDED FROM THE STATEMENT OF FINANCIAL POSITION AND GIFTS FOR ART OBJECTS ARE EXCLUDED FROM REVENUE IN THE STATEMENT OF ACTIVITIES. PURCHASE OF ART OBJECTS BY THE MUSEUM ARE RECORDED AS A DECREASE IN UNRESTRICTED NET ASSETS IN THE STATEMENT OF ACTIVITIES. THE MUSEUM RECOGNIZED ALL PROCEEDS FROM THE SALE OF COLLECTION ITEMS AS RESTRICTED FOR THE PURPOSE OF REINVESTMENT IN OTHER COLLECTION ITEMS. SCHEDULE D, PART IV, LINE 4 THE MUSEUM'S ENDOWMENT FUND SUPPORTS ART ACQUISITIONS, GENERAL OPERATIONS, OUTREACH AND ON-SITE CHILDREN'S ART EDUCATIONAL PROGRAMS, CURATION AND INSTALLATION OF TEMPORARY EXHIBITIONS, INCLUDING PUBLICATIONS AND ADJUNCT PROGRAMS CONSERVATION, CARE EXHIBITION AND INTERPRETATION OF THE WILL JAMES AND MONTANA COLLECTIONS, SUPPORT DOCENT TRAINING OPPORTUNITIES AND SUPPORT ART EDUCATION FOR ALL AGES. SCHEDULE D, PART X, LINE 2 THE MUSEUM IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE PROVISIONS OF 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE MUSEUM ANNUALLY EVALUATES ALL FEDERAL AND STATE INCOME TAX POSITIONS. THIS PROCESS INCLUDES AN ANALYSIS ON WHETHER THESE INCOME TAX POSITIONS THE MUSEUM TAKES MEET THE DEFINITION OF AN UNCERTAIN TAX POSITION UNDER THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS CODIFICATION. IN THE NORMAL COURSE OF BUSINESS, THE MUSEUM IS NO LONGER SUBJECT TO TAX EXAMINIATIONS FOR THE YEARS ENDING BEFORE DECEMBER 31, 2020. SCHEDULE D, PART XI, LINE 2D 54,379 RENTAL EXPENSES 385,499 FUNDRAISING EVENT EXPENSES 16,875 COST OF GOODS SOLD ---------- 456,753 TOTAL SCHEDULE D, PART XII, LINE 2D 54,379 RENTAL EXPENSES 385,499 FUNDRAISING EVENT EXPENSES 16,875 COST OF GOODS SOLD ---------- 456,753 TOTAL ART AUCTION 124896 31160 93736 5375 5270 109778 GALA 341835 92449 249386 25961 6110 179050 1 60163 60163 7950 46005 526894 123609 403285 31336 19330 334833 385499 17786 KIM OLSEN BOARD MEMBER GENERAL X 100000 100000 false true true 100000 X 3 43767 FMV X ASSORTED ITEMS 23 19393 FMV false true true SCHEDULE M, PART I, COLUMN (B) THE AMOUNT IN THIS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. SCHEDULE M, PART I, LINE 32B THE ORGANIZATION RECEIVES STOCK THROUGH THEIR INVESTMENT BANKER WHO THEN SELLS THEM ON BEHALF OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE ORGANIZATION'S EXECUTIVE DIRECTOR IS BASED UPON BOARD APPROVAL AND COMPARABLE DATA FOR THE POSITION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS A COMMITTEE WHO OVERSEES THE FINANCIAL STATEMENT AUDIT.