Totals
- Total revenue
- $1,480,077
- Total expenses
- $1,660,227
- Contributions and grants received
- $1,105,183
- Grants paid
- $0
- Program service revenue
- $90,464
- Investment income
- $223,539
- Other revenue
- $60,891
- Total assets, end of year
- $6,139,102
- Total liabilities, end of year
- $539,165
- Net assets or fund balances, end of year
- $5,599,937
- Program services expenses (Part IX)
- $1,216,577
- Management and general expenses
- $370,753
- Fundraising expenses
- $72,897
- Program service expenses (Part III)
- $1,216,577
Program services were 73.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$115,290
-
1b · Membership dues
$16,500
-
1c · Fundraising events
$124,345
-
1e · Government grants (contributions)
$387,807
-
1f · All other contributions, gifts and grants
$461,241
-
2a · Program service revenue: EDUCATION/WORKSHOPS
total $73,950 · related or exempt $73,950
-
2b · Program service revenue: ADMISSIONS
total $16,514 · related or exempt $16,514
-
3 · Investment income
total $27,973 · excluded $27,973
-
6a · Gross rents
real property $4,031
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $4,031
-
6d · Net rental income or loss
total $4,031 · excluded $4,031
-
7a · Gross sales of assets other than inventory
securities $902,991
-
7b · Less cost or other basis and sales expenses
securities $707,425
-
7c · Gain or loss
securities $195,566
-
7d · Net gain or loss
total $195,566 · excluded $195,566
-
8a · Fundraising events: gross income
$114,801
-
8a · Fundraising events: contributions included on line 1c
$124,345
-
8b · Fundraising events: direct expenses
$114,801
-
8c · Net income from fundraising events
total $0
-
10a · Gross sales of inventory
$154,651
-
10b · Cost of goods sold
$97,791
-
10c · Net income from sales of inventory
total $56,860 · related or exempt $56,860
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $180,792 · program services $112,194 · management and general $55,398 · fundraising $13,200
-
7 · Other salaries and wages
total $593,179 · program services $475,148 · management and general $86,991 · fundraising $31,040
-
8 · Pension plan contributions
total $2,645 · program services $2,082 · management and general $444 · fundraising $119
-
9 · Other employee benefits
total $32,709 · program services $24,256 · management and general $6,724 · fundraising $1,729
-
10 · Payroll taxes
total $57,390 · program services $43,237 · management and general $10,809 · fundraising $3,344
-
11c · Fees: accounting
total $51,807 · management and general $51,807
-
11f · Fees: investment management
total $9,842 · management and general $9,842
-
11g · Fees: other
total $57,528 · program services $49,352 · management and general $8,080 · fundraising $96
-
12 · Advertising and promotion
total $29,210 · program services $28,978 · fundraising $232
-
13 · Office expenses
total $75,212 · program services $51,450 · management and general $21,358 · fundraising $2,404
-
14 · Information technology
total $21,854 · program services $16,327 · management and general $4,312 · fundraising $1,215
-
16 · Occupancy
total $110,871 · program services $84,468 · management and general $20,730 · fundraising $5,673
-
17 · Travel
total $14,341 · program services $14,312 · management and general $29
-
20 · Interest
total $43,835 · program services $3,116 · management and general $40,486 · fundraising $233
-
22 · Depreciation, depletion and amortization
total $172,571 · program services $130,360 · management and general $32,478 · fundraising $9,733
-
23 · Insurance
total $20,001 · program services $15,802 · management and general $3,382 · fundraising $817
-
24a · Other expenses: EDUCATIONAL AND ARTISTI
total $167,811 · program services $157,839 · management and general $7,314 · fundraising $2,658
-
24b · Other expenses: MISCELLANEOUS
total $16,392 · program services $7,483 · management and general $8,549 · fundraising $360
-
24c · Other expenses: PROFESSIONAL DEVELOPMEN
total $2,112 · program services $173 · management and general $1,895 · fundraising $44
-
24d · Other expenses: BAD DEBT
total $125 · management and general $125
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,224,847 · end of year $703,289
-
3 · Pledges and grants receivable
beginning of year $26,099 · end of year $43,433
-
4 · Accounts receivable
beginning of year $22,972 · end of year $6,952
-
8 · Inventories for sale or use
beginning of year $35,625 · end of year $48,151
-
9 · Prepaid expenses and deferred charges
beginning of year $26,014 · end of year $2,805
-
10a · Land, buildings and equipment: cost or other basis
$6,042,957
-
10b · Land, buildings and equipment: accumulated depreciation
$2,002,016
-
10c · Land, buildings and equipment, net
beginning of year $3,899,146 · end of year $4,040,941
-
11 · Investments: publicly traded securities
beginning of year $1,178,999 · end of year $1,293,531
-
17 · Accounts payable and accrued expenses
beginning of year $68,606 · end of year $74,345
-
19 · Deferred revenue
beginning of year $254,950 · end of year $3,122
-
23 · Secured mortgages and notes payable
beginning of year $1,073,606 · end of year $311,698
-
24 · Unsecured notes and loans payable
beginning of year $150,000 · end of year $150,000
-
27 · Net assets without donor restrictions
beginning of year $4,600,057 · end of year $4,444,828
-
28 · Net assets with donor restrictions
beginning of year $1,266,483 · end of year $1,155,109
Mission and programs · 2022
Mission
KMAC IS LOUISVILLE'S PREMIER CONTEMPORARY ART MUSEUM IN DOWNTOWN LOUISVILLE ON MUSEUM ROW. THROUGH EXHIBITIONS, EDUCATION, AND OUTREACH, KMAC WORKS TO CONNECT PEOPLE TO ART AND CREATIVE PRACTICE.
Activities or mission (Part I)
KMAC CONNECTS PEOPLE TO ART AND CREATIVE PRACTICE.
-
EXHIBITIONS AND PROGRAMS - THE MUSEUM FEATURES CONTEMPORARY ART THAT EXPLORES CRAFT EMPHASIZING THE TECHNIQUES, MATERIALS AND PROCESS OF CREATIVE EXPRESSION. THE MUSEUM'S GOAL IS TO EDUCATE AND INSPIRE, WHILE PROMOTING A BETTER UNDERSTANDING OF ART AND CRAFT THROUGH EXHIBITIONS, COLLABORATIONS, OUTREACH AND THE PERMANENT COLLECTION. ALLIANCES ARE FORGED WITHIN KENTUCKY, REGIONALLY, NATIONALLY AND INTERNATIONALLY IN ORDER TO PARTICIPATE IN A BROADER CONVERSATION ABOUT ART AND ITS ROLE IN SOCIETY.
Expenses $978,134 · Revenue $73,374
-
EDUCATION - EDUCATIONAL OFFERINGS AT KMAC INCLUDE CAMPS, ARTIST RESIDENCIES, FIELD TRIPS, MOBILE MUSEUMS, FAMILY WORKSHOPS, AND ON AND OFF-SITE WORKSHOPS. FIELD TRIPS INCLUDE A CORE-CONTENT BASED GUIDED TOUR OF EXHIBITS, FOLLOWED BY A HANDS-ON ART PROJECT THAT STUDENTS CAN TAKE HOME. TEACHERS CHOOSE BETWEEN A THEMATIC PROJECT THAT MAKES CONNECTION TO CURRENT EXHIBITS AND A MORE SPECIFIC, HANDS-ON PROJECT TO MAKE CONNECTIONS TO CURRENT CLASSROOM STUDY. POSSIBLE PROJECTS/MEDIA INCLUDE BOOKMAKING, PRINTMAKING, PAINTING, DRAWING, FIBER ART, CERAMICS, WOOD, FOLK ART, MIXED MEDIA AND MORE. THE MOBILE MUSEUM OUTREACH PROGRAM OFFERS HANDS-ON ART PIECES AND PROJECTS WITH 13 DIFFERENT THEMES TO ENGAGE STUDENTS WITH ART OUTSIDE OF THE MUSEUM. THE SCHOLASTIC ARTIST-IN-RESIDENCE PROGRAM BRINGS A PROFESSIONAL ARTIST INTO A SCHOOL TO WORK WITH STUDENTS TO CREATE INDIVIDUAL PROJECTS TO TAKE HOME, OR A GROUP PROJECT FOR THE SCHOOL. STUDENTS AND TEACHERS WORK WITH THE ARTIST IN AN ARTS-RICH EXPERIENCE OVER SEVERAL SCHOOL VISITS THAT CAN LAST UP TO TWO WEEKS. KMAC OFFERS CAMPS THROUGHOUT THE YEAR FOR STUDENTS OF ALL AGES, WEEK-LONG SUMMER CAMPS, SPRING BREAK CAMPS, AND WINTER CAMPS TO INTRODUCE YOUNG ARTISTS TO DIFFERENT ART MEDIA AND ART-MAKING TECHNIQUES. KMAC PROVIDES FAMILY WORKSHOPS, SUITABLE FOR STUDENTS, PARENTS, AND VISITORS OF ALL AGES. THESE DROP-IN WORKSHOPS ARE AVAILABLE WHENEVER SCHOOL IS OUT AND ON SELECT WEEKENDS SO THAT PARTICIPANTS CAN CREATE A WORK OF ART WHILE LEARNING FROM AN ART EDUCATOR OR PROFESSIONAL ARTIST.
Expenses $238,443 · Revenue $73,950
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
GINA DEL NEGRO
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
THERESA CARPENTER BEAMES
IMMEDIATE PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
HAVEN HARRINGTON III
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
KEVIN KRAMER
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
CALESIA HENSON
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
MARLENE GRISSOM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
ANNA BASS-WILSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
STEPHANIE HALL BARRETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
RYAN BERKEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
STACY BROOKS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
CHRISTINA CARTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
JULIA CARSTANJEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
CLAY COOK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
KATHARINE CRAWFORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
MARY GWYNNE DOUGHERTY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
MARY EASTERLING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
LEONDRA GULLY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
BRANDON JAGGERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
DANA JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
ANDREA PREGLIASCO KINSER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
TRACE MAYER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
LEE MIDDENDORF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
DEBBIE HUDDLESTON MITCHELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
KATIE MAC MURPHY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
CHASE SPEIDEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
MATT WATKINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
SCOTT WEINBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
MAUD CABOT WELCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
CHRIS WELSH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
CHRISTOPHER YOST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
MICHELLE STAGGS
EXECUTIVE DIRECTOR
- Total calculated
- $97,780
- From this org
- $94,705
- From related orgs
- $0
- Other
- $3,075
- Hours/week
- 40
-
JOEY YATES
CURATORIAL DIRECTOR
- Total calculated
- $70,386
- From this org
- $67,521
- From related orgs
- $0
- Other
- $2,865
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 21 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202430579349300913
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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