2026-09-10T09:35:07-05:00 2025-12-31 934792291 SORREN INC 1120 S RACKHAM WAY SUITE 100 MERIDIAN ID 83642 990 2025-01-01 237113276 SUN VALLEY CENTER FOR THE ARTS INC SUNV 2087269491 PO BOX 656 SUN VALLEY ID 83353 JOAN SWIFT PRESIDENT 2087269491 2026-09-08 1 NATHAN ODIORNE P02355271 2083338965 2026-09-04 2025 SUN VALLEY MUSEUM OF ART JOAN SWIFT PO BOX 656 SUN VALLEY ID 83353 3314336 0 X HTTP://WWW.SVMOA.ORG X 1971 ID TO ENRICH OUR COMMUNITY THROUGH TRANSFORMATIVE ARTS AND EDUCATIONAL EXPERIENCES. 18 18 24 44 0 0 2507601 2109838 487296 66731 228258 280033 -101180 707 3121975 2457309 42587 41438 0 0 1352748 1414122 0 0 455988 1252769 847338 2648104 2302898 473871 154411 9100505 9445239 137689 95483 8962816 9349756 SUN VALLEY CENTER FOR THE ARTS' MISSION IS TO ENRICH OUR COMMUNITY THROUGH TRANSFORMATIVE ARTS AND EDUCATIONAL EXPERIENCES. 0 0 287201 19800 EXHIBITIONS: THE SUN VALLEY MUSEUM OF ART IS A NON-COLLECTING MUSEUM THAT ORIGINATES ART EXHIBITIONS THAT RANGE WIDE IN SCOPE AND SUBJECT, BRINGING NATIONALLY RECOGNIZED ARTISTS AND THEIR WORK TO OUR COMMUNITY. 372324 28406 PUBLIC PROGRAMS: THE SVMOA EXHIBITION PROGRAM IS COMPLEMENTED BY RELATED PUBLIC PROGRAMMING INCLUDING ONGOING LECTURES, OUTDOOR SUMMER CONCERTS, LIVE MUSIC, FILM, AND PERFORMANCE. 496828 41438 18525 LEARNING AND ENGAGEMENT: ACCREDITED BY THE AMERICAN ALLIANCE OF MUSEUMS, THE MUSEUM ALSO OFFERS A WIDE RANGE OF FREE ARTS EDUCATION PROGRAMS THAT REACH MULTIPLE SECTORS WITHIN OUR COMMUNITY. OUR LONGSTANDING PARTNERSHIP WITH LOCAL SCHOOLS INCLUDES BRINGING VISITING ARTISTS AND MUSICIANS INTO CLASSROOMS, WORKING WITH TEACHERS TO MEET CURRICULAR GOALS, PROVIDING SCHOOL TOURS OF OUR EXHIBITIONS, AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR AREA EDUCATORS. THE MUSEUM ALSO OFFERS SKILL-BASED ART CLASSES, WORKSHOPS AND FREE FAMILY ART EXPERIENCES FOR THE COMMUNITY. 1156353 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 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 54 0 1 24 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X JULIE FLOLO 2087269491 191 FIFTH STREET EAST KETCHUM ID 83340 JOAN GILLESPIE SWIFT PRESIDENT 5.00 X X 0 0 0 LISA CAPUTO VICE PRESIDENT 2.00 X X 0 0 0 RON GREENSPAN TREASURER 2.00 X X 0 0 0 HEIDI PESKY WORCESTER SECRETARY 2.00 X X 0 0 0 PAT ALUISI MEMBER 1.00 X 0 0 0 GARY BORMAN MEMBER 1.00 X 0 0 0 KELLY CORROON MEMBER 1.00 X 0 0 0 ADAM ELIAS MEMBER 2.00 X 0 0 0 MARK TUCKER GATES MEMBER 1.00 X 0 0 0 NANCY GOLDSTEIN MEMBER 1.00 X 0 0 0 ELLEN HARRIS MEMBER 1.00 X 0 0 0 ANDREA ANDIE LAPORTE MEMBER 2.00 X 0 0 0 BEENA MANNAN MEMBER 1.00 X 0 0 0 TRINA PETERS MEMBER 2.00 X 0 0 0 LAURA ROSE-LEWIS MEMBER 1.00 X 0 0 0 LISA RYAN-BOYLE MEMBER 1.00 X 0 0 0 KRISTA LIDA SIMOR MEMBER 1.00 X 0 0 0 STACEY R WINSTON-LEVITAN MEMBER 1.00 X 0 0 0 SARAH WOODWARD MEMBER 1.00 X 0 0 0 JENNIFER WELLS GREEN EXECUTIVE DIRECTOR 40.00 X 271976 0 4524 271976 0 4524 1 0 1 0 0 142465 838736 141642 986995 214789 2109838 PUBLIC PROGRAMS 711110 28406 28406 VISUAL ARTS 711190 19800 19800 EDUCATION FEES 611600 18525 18525 66731 263207 263207 281425 264599 16826 16826 16826 593135 838736 592428 707 707 2457309 66731 0 280740 41438 41438 276500 149994 60789 65717 943463 511805 207423 224235 25637 13908 5636 6093 81730 44336 17969 19425 86792 47083 19081 20628 28450 28450 16980 16980 30483 1455 28390 638 156098 63002 31613 61483 96934 989 69221 26724 77134 77134 4918 2247 2553 118 78546 78546 36224 3323 32901 PROGRAMMING EXPENSES 276008 276008 OTHER 38892 765 12820 25307 FUNDRAISING EXPENSES 6671 1051 5620 2302898 1156353 690557 455988 1363903 1260173 566416 1056854 180599 139070 30000 9194 43366 47026 47406 44831 3341236 1304660 2102676 2036576 4766139 4851515 9100505 9445239 114166 80702 23523 14781 137689 95483 X 8035903 7930129 926913 1419627 8962816 9349756 9100505 9445239 X 154411 178652 53877 X 0 1 X 1 0 X 3890082 3031753 2220960 1606661 1835399 12584855 256264 740179 363453 487296 66731 1913923 4146346 3771932 2584413 2093957 1902130 14498778 343536 299881 127824 161557 173465 1106263 306748 150530 457278 650284 450411 127824 161557 173465 1563541 12935237 58715 203128 119203 216915 263207 861168 58715 203128 119203 216915 263207 861168 4205061 3975060 2703616 2310872 2165337 15359946 0.84210 0.82750 0.05610 0.04350 X PART III THE 5-YEAR COMPUTATION FOR PUBLIC SUPPORT INCLUDES A SHORT YEAR, DUE TO A CHANGE IN ACCOUNTING PERIOD IN 2023. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2231878 383471 213581 16981 2811949 1697200 425600 124456 15378 2231878 1351298 252368 99975 6441 1697200 1121812 250089 -10990 -9613 1351298 1212548 -90736 1121812 0.51290 0.48710 0 0 735009 735009 2189438 946836 1242602 416789 357824 58965 2036576 X 2872991 178652 254010 432662 2440329 16980 16980 2457309 2539928 254010 254010 2285918 16980 16980 2302898 PART V, LINE 4: THE MUSEUM'S ENDOWMENT CONSISTS OF ONE BOARD DESIGNATED FUND AND ONE DONOR-RESTRICTED ENDOWMENT FUND. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. SINCE THE BOARD DESIGNATED ENDOWMENT AMOUNT RESULTED FROM AN INTERNAL DESIGNATION AND IS NOT DONOR-RESTRICTED, IT IS CLASSIFIED AND REPORTED AS UNRESTRICTED NET ASSETS. THE BOARD OF TRUSTEES OF THE MUSEUM HAS INTERPRETED THE IDAHO UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (UPMIFA) AS REQUIRING THE PRESERVATION OF THE FAIR VALUE OF THE ORIGINAL GIFTS AS OF THE GIFT DATE OF THE DONOR-RESTRICTED ENDOWMENT FUNDS ABSENT EXPLICIT DONOR STIPULATIONS TO THE CONTRARY. AS A RESULT OF THIS INTERPRETATION, THE MUSEUM CLASSIFIES AS PERMANENTLY RESTRICTED NET ASSETS (A) THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT, (B) THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE PERMANENT ENDOWMENT, AND (C) ACCUMULATIONS TO THE PERMANENT ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT INSTRUMENT AT THE TIME THE ACCUMULATION IS ADDED TO THE FUND. THE REMAINING PORTION OF THE DONOR RESTRICTION ENDOWMENT FUND THAT IS NOT CLASSIFIED IN PERMANENTLY RESTRICTED NET ASSETS IS CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS UNTIL THOSE AMOUNTS ARE PAID OUT OF THE MUSEUM IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY UPMIFA. IN ACCORDANCE WITH UPMIFA, THE MUSEUM CONSIDERS THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATE DONOR-RESTRICTED ENDOWMENT FUNDS: (1) THE DURATION AND PRESERVATION OF THE VARIOUS FUNDS, (2) THE PURPOSES OF THE DONOR-RESTRICTED ENDOWMENT FUNDS, (3) GENERAL ECONOMIC CONDITIONS, (4) THE POSSIBLE EFFECT OF INFLATION AND DEFLATION, (5) THE EXPECTED TOTAL RETURN FROM INCOME AND THE APPRECIATION OF INVESTMENTS, (6) OTHER RESOURCES OF THE MUSEUM, AND (7) THE MUSEUM'S INVESTMENT POLICIES. PART X, LINE 2: THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE MUSEUM MAY RECOGNIZE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR FISCAL YEAR 2025. THE MUSEUM FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION. THE MUSEUM IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES NETTED WITH REVENUE 254,010. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES NETTED WITH REVENUE 254,010. WINE AUCTION 1431871 838736 593135 592428 1431871 838736 593135 592428 592428 707 1 SCHOLARSHIPS 20 41438 PART I, LINE 2: THE ORGANIZATION KEEPS RECORDS OF SCHOLARSHIPS DISTRIBUTED TO STUDENTS FOR CLASSES AT THE MUSEUM. STUDENT ACCOUNTS ARE REVIEWED TO ENSURE THEY ARE ELIGIBLE FOR THE SCHOLARSHIP. X 0 0 0 0 0 0 0 0 0 JENNIFER WELLS GREEN EXECUTIVE DIRECTOR 271976 0 0 0 0 0 0 0 4524 0 276500 0 0 0 X WINE AUCTION 41 214789 FMV 0 1 0 FORM 990, PART VI, SECTION A, LINE 1A THE GOVERNING BODY OF THE ORGANIZATION DELEGATES BROAD AUTHORITY TO ACT ON ITS BEHALF TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE IS COMPRISED OF THE PRESIDENT, VICE PRESIDENT, TREASURER, SECRETARY AND ANY OTHER OFFICER ELECTED OR ACTING ON BEHALF OF AN OFFICER, AND, ANY STAFF MEMBER OR OTHER INDIVIDUAL INVITED TO PARTICIPATE BY THE STANDING EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE MAY ACT IN PLACE OF THE BOARD OF DIRECTORS BETWEEN MEETINGS IN THE MANNER AND SUBJECT TO THE LIMITATIONS PRESCRIBED IN THE BYLAWS AND/OR AS EXPRESSLY DELEGATED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE CHIEF FINANCIAL OFFICER AND CHIEF EXECUTIVE OFFICER WILL REVIEW THE 990 DRAFT TO ENSURE THAT IT IS AN ACCURATE REPRESENTATION OF ORGANIZATION FINANCIAL ACTIVITIES, THEN PRESENT IT TO THE FINANCIAL COMMITTEE FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS MUST SIGN A CONFLICT OF INTEREST STATEMENT AT THE BEGINNING OF THEIR TERM. BOARD MEMERS ARE REQUIRED TO DISCLOSE A CONFLICT OF INTEREST IF ONE ARISES. THE GOVERNANCE COMMITEE REVIEWS THE CONFLICT OF INTEREST STATEMENTS EACH YEAR FOR CURRENT AND INCOMING BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE DETERMINES THE EXECUTIVE DIRECTOR'S SALARY. THEY REVIEW DATA PROVIDED BY A SEARCH FIRM, AND CONDUCT A PERFORMANCE REVIEW. THE EXECUTIVE DIRECTOR DETERMINES THE COMPENSATION FOR ALL OTHER EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FORM 990 AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: TO ADJUST BEGINNING NET ASSETS TO MATCH AUDITED FINANCIAL STATEMENTS 53,877.