2025-01-22T19:39:13-06:00 2023-06-30 952089835 BARTLETT PRINGLE & WOLF LLP 1123 CHAPALA ST PO BOX 90860 SANTA BARBARA CA 931900860 990 2022-07-01 951664122 SANTA BARBARA MUSEUM OF ART SANT 8058846422 1130 STATE STREET SANTA BARBARA CA 93101 AMANDA CRUZ CHIEF EXECUTIVE OFFICER 8058846422 2025-01-22 1 0 JOHN BRITTON P00290353 8059637811 2025-01-22 2022 2024-10-15 13:58:12Z AMANDA CRUZ 1130 STATE STREET SANTA BARBARA CA 93101 11988249 0 X WWW.SBMA.NET X 1941 CA TO INTEGRATE ART INTO THE LIVES OF PEOPLE 30 30 89 154 0 0 7716448 8239446 1823205 1444717 8095656 1850453 1315233 -199736 18950542 11334880 0 0 0 0 5411284 5926320 0 0 813561 5034693 6326047 10445977 12252367 8504565 -917487 129028744 131572554 3172242 2814065 125856502 128758489 X TO INTEGRATE ART INTO THE LIVES OF PEOPLE. 0 0 3243584 196775 CURATORIAL - CURATE MULTIPLE EXHIBITIONS. ACQUIRE, ACCEPT, MAINTAIN AND CONSERVE WORKS OF ART. RESEARCH FOR AND PUBLICATION OF CATALOGS. PRESENT SCHOLARLY SYMPOSIUMS AND LECTURES. 1516870 76180 EDUCATION - PROVIDE FREE IN-DEPTH, CURRICULUM-BASED DOCENT TOURS FOR K-12 STUDENTS, ART EDUCATION OUTREACH TO THE COMMUNITY, PROVIDE LECTURES, POETRY READINGS, DOCENT TOURS AND ART ACTIVITIES FOR THE COMMUNITY. 1059353 1151986 MEMBER TOURS - PROVIDE FIRST HAND EXPOSURE TO GREAT ART, ARCHITECTURE, GARDENS AND ARCHEOLOGICAL SITES FOR MEMBERS OUTSIDE THE CONFINES OF THE MUSEUM. THESE TOURS PROVIDE A CONTEXTUAL REFERENCE FOR THE MUSEUM'S COLLECTION AND EXHIBITIONS. 3798026 -107153 MEMBERSHIP - EXHIBITION OPENINGS, PREVIEWS, LECTURES AND EVENTS, QUARTERLY NEWSLETTER HIGHLIGHTING THE ACTIVITIES OF THE MUSEUM, INTERNATIONAL TOURS HIGHLIGHTING THE ART OF DIFFERENT CULTURES. 3798026 -107153 9617833 1 1 0 0 0 0 0 1 0 1 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 53 0 1 89 1 0 0 0 0 0 0 0 0 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X X MARK MALTUN 8058846422 1130 STATE STREET SANTA BARBARA CA 93101 KATHLEEN FELDSTEIN TRUSTEE 5.00 X 0 0 0 LYNN CUNNINGHAM BROWN TRUSTEE 5.00 X 0 0 0 RICHARD DE SCHUTTER VICE CHAIR AND TRUSTEE 5.00 X X 0 0 0 MARTHA GABBERT TRUSTEE 5.00 X 0 0 0 JOAN DAVIDSON TRUSTEE 5.00 X 0 0 0 NORMAN KURLAND TRUSTEE 5.00 X 0 0 0 JUNIE PREWITT JINKINS TRUSTEE 5.00 X 0 0 0 KANDY LURIA-BUDGOR TRUSTEE 5.00 X 0 0 0 BRUCE WORSTER SECRETARY AND TRUSTEE 5.00 X X 0 0 0 NICHOLAS MUTTON CHAIR AND TRUSTEE 5.00 X X 0 0 0 CAROLE MACCORKLE TRUSTEE 5.00 X 0 0 0 BARRY WINICK TRUSTEE 5.00 X 0 0 0 DOUGLAS NORBERG TRUSTEE 5.00 X 0 0 0 DAVID JACKSON TRUSTEE 5.00 X 0 0 0 JEANNE TOWLES TRUSTEE 5.00 X 0 0 0 MICHAEL WILSON TRUSTEE 5.00 X 0 0 0 JOHN MIKE COHEN TRUSTEE 5.00 X 0 0 0 CHRISTINE HOLLAND TRUSTEE 5.00 X 0 0 0 MARTHA HOLSMAN BABSON TRUSTEE 5.00 X 0 0 0 KAREN LOMBARDO BRILL TRUSTEE 5.00 X 0 0 0 ROBERT CASTLE TRUSTEE 5.00 X 0 0 0 MICHAEL LINN TRUSTEE 5.00 X 0 0 0 BETSY NEWMAN TRUSTEE 5.00 X 0 0 0 MARTHA TOWNSEND TRUSTEE 5.00 X 0 0 0 JOSEPH PRICE DIRECTOR OF INFORMATION TECHNOLOGY 40.00 X 119001 0 5631 LARRY FEINBERG DIRECTOR AND CEO 40.00 X 229693 0 10010 KAREN KAWAGUCHI DIRECTOR OF EXTERNAL AFFAI 40.00 X 124827 0 6116 EILEEN KAHNG DEPUTY DIRECTOR AND CHIEF 40.00 X 146954 0 6772 DIANE LYYTIKAINEN CHIEF FINANCIAL OFFICER 40.00 X 169731 0 0 790206 0 28529 5 1 1 0 0 752985 7486461 442259 8239446 TOUR INCOME 561520 1151986 1151986 ADMISSIONS 711300 200231 200231 EDUCATION PROGRAMS 611710 91215 91215 EXHIBITION RELATED 611710 1285 1285 1444717 1555892 1555892 294561 0 294561 294561 294561 526440 653369 -126929 -126929 TRUST INCOME 525920 306231 306231 MISCELLANEOUS INCOME 611710 767 767 OTHER INVESTMENT LOSSES 523000 -379805 -379805 -72807 11334880 1317788 0 1777646 409434 409434 5516886 4371363 563006 582517 912058 844603 63316 4139 470314 413374 19975 36965 1077613 871157 195738 10718 2036788 1665988 238759 132041 OTHER PROFESSIONAL FEES 817170 504636 286823 25711 REPAIRS AND MAINTENANCE 475215 458426 12291 4498 MERCHANDISE 276940 276940 EQUIPMENT AND SUPPLIES 259949 211346 31631 16972 12252367 9617833 1820973 813561 3786382 2960967 1709051 1648225 1970140 3675087 9634 3196 133396 107906 316539 519393 63312233 12208925 52831248 51103308 54773675 57734958 13498679 13819514 129028744 131572554 1151554 594587 1063207 1294871 955273 924607 2208 0 3172242 2814065 X 81037176 84615092 44819326 44143397 125856502 128758489 129028744 131572554 X -917487 3569005 250469 X X 0 1 X 1 0 X 4783125 7065081 9910131 7237125 7831817 36827279 4783125 7065081 9910131 7237125 7831817 36827279 1539587 35287692 1318801 1099939 1444152 1662122 1555892 7080906 1279929 268040 659555 942411 612531 3762466 47670651 0.74020 0.74010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 0 54773676 3729431 5039528 5238943 58303692 65237896 357780 -5968281 4853719 54773676 51290439 20075 15473591 9791837 65237896 57825780 20203 -93544 6462000 51290439 58349455 69000 1890035 2818696 57825780 0.45000 0.40000 0.15000 0 0 31593026 12208925 19384101 31719207 31719207 51103308 FMV OF ASSETS HELD UNDER CRTA 2805473 GIFT ANNUITY ASSETS 275072 PERPETUAL INCOME INTERESTS IN TRUSTS 10738969 13819514 X PART III, LINE 1A: IN CONFORMITY WITH THE PRACTICE FOLLOWED BY ART MUSEUMS, ART OBJECTS PURCHASED OR DONATED ARE NOT INCLUDED IN THE ACCOMPANYING STATEMENT OF FINANCIAL POSITION. THE MUSEUM MAINTAINS A COMPREHENSIVE FINE ARTS COLLECTION. THE COLLECTION IS USED FOR THE PURPOSES OF EXHIBITION, EDUCATION, STUDY, RESEARCH, PUBLICATIONS AND LOANS TO OTHER MUSEUMS. THE COLLECTION IS KEPT UNDER CURATORIAL CARE INCLUDING EXTENSIVE CONSERVATION PRACTICES AND SPECIALIZED FINE ARTS INSURANCE COVERAGE, AND IS SUBJECT TO THE MUSEUM'S POLICY THAT REQUIRES PROCEEDS FROM THE SALE OF COLLECTION ITEMS TO BE USED ONLY FOR ACQUISITION OF ADDITIONAL COLLECTIONS. THE MUSEUM DOES NOT RECOGNIZE DONATED COLLECTION ITEMS AS CONTRIBUTION INCOME AS ITS COLLECTIONS ARE NOT CAPITALIZED. PART III, LINE 4: THE MUSEUM MAINTAINS A COMPREHENSIVE FINE ARTS COLLECTION. THE COLLECTION IS USED FOR THE PURPOSES OF EXHIBITION, EDUCATION, STUDY, RESEARCH, PUBLICATIONS AND LOANS TO OTHER MUSEUMS. THE COLLECTION IS KEPT UNDER CURATORIAL CARE INCLUDING EXTENSIVE CONSERVATION PRACTICES. PART V, LINE 4: THE MUSEUM'S ENDOWMENT CONSISTS OF APPROXIMATELY 60 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. PART X, LINE 2: THE MUSEUM EVALUATES UNCERTAIN TAX POSITIONS, WHEREBY THE EFFECT OF THE UNCERTAINTY WOULD BE RECORDED IF THE OUTCOME WAS CONSIDERED PROBABLE AND REASONABLY ESTIMABLE. AS OF JUNE 30, 2023, THE MUSEUM HAD NO UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL. THE ORGANIZATION FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL AND CALIFORNIA JURISDICTIONS. THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY U.S. FEDERAL TAX AUTHORITIES FOR YEARS PRIOR TO 2019 AND BY THE STATE OF CALIFORNIA TAX AUTHORITIES FOR YEARS PRIOR TO 2018. X 1 1 X 0 0 0 0 0 0 0 0 0 LARRY FEINBERG DIRECTOR AND CEO 229693 0 0 0 0 0 10010 0 0 0 239703 0 0 0 DIANE LYYTIKAINEN CHIEF FINANCIAL OFFICER 169731 0 0 0 0 0 0 0 0 0 169731 0 0 0 EILEEN KAHNG DEPUTY DIRECTOR AND CHIEF 146954 0 0 0 0 0 6772 0 0 0 153726 0 0 0 PART I, LINE 1A THE MUSEUM REQUIRES THE DIRECTOR/CEO TO RESIDE IN A RESIDENCE OWNED BY THE MUSEUM. X 22 442259 FMV 0 0 0 PART I, LINE 33: IN CONFORMITY WITH THE PRACTICE FOLLOWED BY ART MUSEUMS, ART OBJECTS PURCHASED OR DONATED ARE NOT INCLUDED IN THE ACCOMPANYING STATEMENT OF FINANCIAL POSITION. THE MUSEUM MAINTAINS A COMPREHENSIVE FINE ARTS COLLECTION. THE COLLECTION IS USED FOR THE PURPOSES OF EXHIBITION, EDUCATION, STUDY, RESEARCH, PUBLICATIONS AND LOANS TO OTHER MUSEUMS. THE COLLECTION IS KEPT UNDER CURATORIAL CARE INCLUDING EXTENSIVE CONSERVATION PRACTICES AND SPECIALIZED FINE ARTS INSURANCE COVERAGE, AND IS SUBJECT TO THE MUSEUM'S POLICY THAT REQUIRES PROCEEDS FROM THE SALE OF COLLECTION ITEMS TO BE USED ONLY FOR ACQUISITION OF ADDITIONAL COLLECTIONS. THE MUSEUM DOES NOT RECOGNIZE DONATED COLLECTION ITEMS AS CONTRIBUTION INCOME AS ITS COLLECTIONS ARE NOT CAPITALIZED. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO ITS FILING, THE 990 IS REVIEWED BY THE DIRECTOR/CEO, THE CHIEF FINANCIAL OFFICER, MEMBERS OF THE AUDIT COMMITTEE, AND KEY MEMBERS OF THE MUSEUM EXECUTIVE COMMITTEE. ALL TRUSTEES SUBSEQUENTLY RECEIVE A FULL AND COMPLETE COPY OF THE FORM 990. THE 990 IS MADE AVAILABLE TO THE PUBLIC VIA THE MUSEUM'S WEBSITE. FORM 990, PART VI, SECTION B, LINE 12C THE SANTA BARBARA MUSEUM OF ART CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO EACH TRUSTEE ON AN ANNUAL BASIS. EVERY TRUSTEE IS REQUIRED TO SIGN A STATEMENT ACKNOWLEDGING THAT THEY HAVE READ THE POLICY AND UNDERSTAND THE TERMS AND CONDITIONS. THE TRUSTEE IS REQUIRED TO DISCLOSE ANY RELATIONSHIP THAT COULD POTENTIALLY BE A VIOLATION OF THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION FOR THE TOP EXECUTIVE POSITION AT THE MUSEUM - DIRECTOR AND CEO - IS DETERMINED BY THE SEARCH COMMITTEE DURING THE SELECTION PROCESS. THE SEARCH COMMITTEE EMPLOYS AN INDEPENDENT CONSULTING FIRM TO CONDUCT THE SEARCH AND TO PROVIDE ASSISTANCE WITH STRUCTURING A COMPENSATION PACKAGE. THE COMPENSATION PACKAGE IS BASED ON EXPERIENCE, EDUCATION AND OTHER COMPARABLE DATA FOR SIMILARLY QUALIFIED INDIVIDUALS AT OTHER INSTITUTIONS. THE BOARD OF TRUSTEES ULTIMATELY REVIEWS AND APPROVES ALL CANDIDATES AND THEIR COMPENSATION PACKAGES. COMPENSATION FOR OTHER OFFICERS OF THE MUSEUM, IS DETERMINED BY THE MUSEUM'S DIRECTOR AND IS ALSO BASED ON EXPERIENCE, EDUCATION AND OTHER COMPARABLE DATA FOR SIMILARLY QUALIFIED INDIVIDUALS AT OTHER INSTITUTIONS. FORM 990, PART VI, SECTION C, LINE 19 THE MUSEUM MAKES ITS FINANCIAL STATEMENTS AND FORM 990 AVAILABLE TO THE PUBLIC ON ITS WEBSITE. FORM 990, PART VI, SECTION A, LINE 1A: EXECUTIVE COMMITTEE: THE EXECUTIVE COMMITTEE CONSISTS OF THE BOARD CHAIR, VICE-CHAIR, SECRETARY, CHAIR OF FINANCE COMMITTEE, CHAIR OF DEVELOPMENT COMMITTEE, AND CHAIR OF COLLECTIONS COMMITTEE. ALL COMMITTEE CHAIRS ARE ALSO BOARD MEMBERS. THE EXECUTIVE COMMITTEE, EXCEPT AS ITS POWERS MAY BE OTHERWISE LIMITED BY THE BOARD, SHALL HAVE AND MAY EXERCISE THE POWERS OF THE BOARD. THE EXECUTIVE COMMITTEE MET 6 TIMES DURING THE FISCAL YEAR. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF CHARITABLE TRUSTS & GIFT ANNUITIES 250,469. FORM 990, PART XII, LINE 2C: AUDIT OVERSIGHT AND SELECTION OF INDEPENDENT AUDITOR: THE MUSEUM HAS NOT CHANGED THE COMMITTEE OR THE PROCESS OF THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT AUDITOR. FORM 990 - REASONABLE CAUSE FOR LATE FILING THE FORM 990 FOR THE YEAR ENDING JUNE 30, 2023 IS BEING FILED LATE DUE TO A SERIES OF TRANSITIONAL CHALLENGES. OVER THE COURSE OF THE PAST SEVERAL MONTHS, WE HAVE EXPERIENCED SIGNIFICANT INTERNAL CHANGES, INCLUDING THE DEPARTURE OF KEY STAFF MEMBERS AND THE TRANSITION OF RESPONSIBILITIES TO NEW PERSONNEL. ADDITIONALLY, WE HAVE BEEN UPDATING OUR ACCOUNTING AND ADMINISTRATIVE SYSTEMS TO ENSURE GREATER EFFICIENCY AND COMPLIANCE GOING FORWARD. THESE TRANSITIONS, WHILE NECESSARY FOR THE LONG-TERM SUCCESS AND SUSTAINABILITY OF OUR ORGANIZATION, TEMPORARILY IMPACTED OUR ABILITY TO PREPARE AND FILE THE RETURN BY THE EXTENDED DUE DATE OF MAY 15, 2024. WE WANT TO EMPHASIZE THAT THE DELAY WAS NOT DUE TO A LACK OF DILIGENCE OR INTENT TO COMPLY WITH OUR TAX OBLIGATIONS. RATHER, IT WAS THE RESULT OF UNAVOIDABLE INTERNAL CHANGES THAT DELAYED OUR USUAL FILING PROCESSES. WE HAVE SINCE TAKEN CORRECTIVE ACTIONS TO ENSURE THAT OUR FILING PROCEDURES ARE FULLY BACK ON TRACK, AND WE HAVE IMPLEMENTED MEASURES TO PREVENT SUCH DELAYS FROM OCCURRING IN THE FUTURE. WE RESPECTFULLY REQUEST THAT THE IRS CONSIDER THIS EXPLANATION AS REASONABLE CAUSE FOR THE LATE FILING AND THAT NO PENALTIES BE ASSESSED. WE ARE COMMITTED TO REMAINING IN FULL COMPLIANCE WITH OUR FILING REQUIREMENTS MOVING FORWARD. SANTA BARBARA MUSEUM OF ART GROUP 1130 STATE ST SANTA BARBARA CA 93101 770157853 TO SUPPORT THE ONGOING ACTIVITIES OF THE SANTA BARBARA MUSEUM OF ART CA 501(C)(3) 170(B)(1)(A) SANTA BARBARA MUSEUM OF ART 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 SANTA BARBARA MUSEUM OF ART SUPPORT GROUP C CASH