2025-07-18T12:38:54-04:00 2023-06-30 930819646 JONES & ROTH PC PO BOX 10086 EUGENE OR 97440 990 2022-07-01 936027995 CORVALLIS ARTS CENTER INC CORV 5417541551 700 SW MADISON AVE CORVALLIS OR 97333 ERINN GAVAGHAN EXECUTIVE DIRECTOR 5417541551 2025-07-16 true false KARI YOUNG P01325552 5416872320 2025-07-16 2022 2025-03-06 01:10:19Z X CYNTHIA SPENCER 700 SW MADISON AVE CORVALLIS OR 97333 989159 false X THEARTSCENTER.NET X 1961 OR FOSTERING CREATIVITY AND ENGAGEMENT WITH THE ARTS, TO INSPIRE PERSONAL GROWTH AND COMMUNITY WELL-BEING. 12 12 12 877 0 264978 879691 44218 70558 120 554 29840 7613 339156 958416 0 0 223069 317172 0 74338 129309 210877 352378 528049 -13222 430367 229970 668211 11543 19150 218427 649061 CORVALLIS ARTS CENTER, INC. IS A NOT-FOR-PROFIT ORGANIZATION WITH A MISSION TO NURTURE ARTISTIC EXPRESSION AND TO ENHANCE THE CREATIVE LIFE OF THE COMMUNITY. false false 119168 29950 EDUCATION PROGRAMS INCLUDE ART CLASSES, WORKSHOPS, AND OPEN STUDIOS TAUGHT AT THE CENTER, AS WELL AS EXTENSIVE ON-SITE ARTS AND CULTURE PROGRAMMING. THROUGH THE OUTREACH PROGRAMS, THE CENTER WORKS WITH LOCAL SCHOOLS TO INTEGRATE ENGAGING ARTS LEARNING WITH OTHER CLASSROOM SUBJECTS THROUGH PROJECT-BASED LEARNING ACTIVITIES. TWO SUBSETS OF THIS PROGRAM ARE THE YOUNG ARTISTS PROGRAM IN WHICH IDENTIFIED AT-RISK YOUTH ARE TAUGHT HEALTHY AND ARTISTIC OUTLETS OF EXPRESSION AND THE ARTIST ACCELERATOR PROGRAM THAT SUPPORTS ARTISTIC, PROFESSIONAL, AND BUSINESS DEVELOPMENT FOR WORKING ARTISTS OF THE REGION. PROGRAMMING INCLUDES A SPEAKER SERIES, RESIDENCY PROGRAM, AND A SUMMER EXPERIENTIAL COMMUNITY ARTS EVENT. 123762 EXHIBITIONS ARE PRESENTED BY THE CENTER TO PROMOTE ARTISTS' WORK, TAKING THE FORM OF GALLERIES, PERFORMANCES, AND OTHER EXHIBITION DISPLAYS. 44362 40608 ARTSHOP PROMOTES LOCAL ARTISTS AND FACILITATES THE SALE OF THEIR WORK. 287292 true true false false false false false false false true true false false true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false true false false false true 22 0 12 true false false false false false false false false false false false false false false X 12 12 false false true false false false false true true false false true true true true true false true false false OR X X CYNTHIA SPENCER 5417541551 700 SW MADISON AVE CORVALLIS OR 97333 CYNTHIA SPENCER EXECUTIVE DI 40.00 X 47180 0 1465 PAT BERMAN PRESIDENT 3.00 X X 0 0 0 KIMBERLY LONG VICE PRESIDE 2.00 X X 0 0 0 MYRANDA CLARK SECRETARY 1.00 X X 0 0 0 KEITH FARNEY TREASURER 1.00 X X 0 0 0 ALYCE CHAPMAN DIRECTOR 1.00 X 0 0 0 DAVID GOODRUM DIRECTOR 1.00 X 0 0 0 DEBORAH JOHN DIRECTOR 1.00 X 0 0 0 DORIS ROGERS DIRECTOR 2.00 X 0 0 0 JEFFREY SCHIMINSKY DIRECTOR 3.00 X 0 0 0 KRISTI MARTENS DIRECTOR 1.00 X 0 0 0 MORGEN DANIELS DIRECTOR 1.00 X 0 0 0 NELL O'MALLEY DIRECTOR 1.00 X 0 0 0 47180 1465 false false false 20524 18342 245880 44000 550945 15962 879691 ART SALES 453920 40608 40608 PROGRAM FEES 611000 29950 29950 70558 557 557 3 -3 -3 -3 29774 18342 30740 -966 OTHER REVENUES 900099 8579 8579 8579 958416 79137 554 60805 24114 31159 5532 221664 151165 61962 8537 2807 1453 1240 114 9500 8186 1262 52 22396 14102 7179 1115 356 356 12825 12825 11 11 48918 13868 4200 30850 12862 5088 3394 4380 32770 11807 18910 2053 21278 14393 6885 1519 777 591 151 5835 160 5663 12 PRESENTATIONS 24827 5574 45 19208 MATERIALS AND SUPPLIES 21712 10878 10737 97 ARTIST COMMISSIONS 18647 18647 SCHOLARSHIPS AND AWARDS 7080 7080 2237 2237 528049 287292 166419 74338 18329 4191 191843 387761 53800 2823 9569 665 665 1829 1874 64689 54776 11432 9913 3049 200438 229970 668211 11279 18390 264 760 11543 19150 X 58454 407936 159973 241125 218427 649061 229970 668211 430367 267 X true X false true false X 255901 308135 373667 264978 879691 2082372 6530 6530 6530 6530 6530 32650 262431 314665 380197 271508 886221 2115022 2680 2112342 99 83 117 120 557 976 2115998 412396 0.99830 0.97580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 200164 285 -11 200438 0.54450 0.45550 true false 45179 35282 9897 19510 19494 16 9913 BENEFICIAL INTEREST IN ASSETS OF BCF 200438 200438 SCHEDULE D, PAGE 2, PART V, LINE 4 THE ENDOWMENT FUNDS ARE HELD TO SUPPORT THE PROGRAMS AND OPERATIONS OF THE CENTER. ART FOR THE HEA 44606 18342 26264 1465 7808 21421 44606 18342 26264 1465 7808 21421 30694 -4430 FORM 990, PAGE 1, ITEM B THE RETURN IS BEING AMENDED TO PROPERLY REFLECT DONATION REVENUE AND INVESTMENT REVENUE FROM ENDOWMENT FUNDS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 AS WELL AS THE BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS AT YEAR END. THE ORIGINALLY FILED RETURN ERRONEOUSLY ACCOUNTED FOR SOME ENDOWMENT FUNDS FOR WHICH CORVALLIS ARTS CENTER IS THE NAMED BENEFICIARY BUT FOR WHICH IT DOES NOT HAVE THE BENEFICIAL INTEREST ASSET IN ACCORDANCE WITH US GAAP. ADDITIONALLY, THE RETURN IS AMENDED TO PROPERLY REFLECT GRANT REVENUE THAT WAS MISSING IN THE ORIGINALLY FILED RETURN. THE FOLLOWING PARTS AND SCHEDULES HAVE BEEN UPDATED TO REFLECT THE PROPER BALANCES ON THE AMENDED RETURN. PART VIII STATEMENT OF REVENUES PART IX STATEMENT OF FUNCTIONAL EXPENSES PART X BALANCE SHEET PART XI RECONCILIATION OF NET ASSETS SCHEDULE A, PART II SCHEDULE B SCHEDULE D, PART V AND PART IX SCHEDULE R, PART V FORM 990, PAGE 6, PART VI, LINE 4 THE ORGANIZATION AMENDED ITS ARTICLES OF INCORPORATION TO STATE THAT THE ORGANIZATION SHALL HAVE NO MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B A REPORT IS PREPARED BY THE BOARD TREASURER. THIS REPORT, ALONG WITH THE ANNUAL REVIEWED FINANCIAL STATEMENTS AND THE FORM 990 AND THEN REVIEWED WITH STAFF AND THE INDEPENDENT ACCOUNTANT. THE FORM 990 IS APPROVED BY THE BOARD PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C ALONG WITH A CONFLICT OF INTEREST POLICY, CONFLICT OF INTEREST STATEMENTS LISTING OTHER ORGANIZATIONS, EMPLOYERS AND DUAL INTERESTS THAT COULD BE CONFLICTS OF INTEREST SOURCES, ARE FILLED OUT AND SIGNED BY ALL MEMBERS AND OFFICERS OF THE BOARD OF DIRECTORS AND FILED IN A BOARD SHARED FILE ONLINE, VISIBLE TO ALL BOARD MEMBERS. SINCE AN UPDATED CONFLICT OF INTEREST POLICY WAS ADOPTED IN 2022, BOARD MEMBERS HAVE SELF-DISCLOSED NEW POTENTIAL INTERESTS AT BOARD MEETINGS, UPDATED THEIR C.O.I. STATEMENTS, REFRAINED FROM DISCUSSION AND ANY VOTE THAT AROSE SURROUNDING THAT INTEREST. FORM 990, PAGE 6, PART VI, LINE 15A REVIEW BY BOARD USING AN INTERNAL PROCESS. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. THE ARTS CENTER ENDOWMENT INC 700 SW MADISON AVE CORVALLIS OR 97333 931331912 SUPPORTING OR 501C3 12B N/A false false false true false false false false false false false false false false true false false true false false THE ARTS CENTER ENDOWMENT INC C 245880 SUPPORT REVENUE THE ARTS CENTER ENDOWMENT INC Q 6996 AMOUNT INVOICED