Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $124,125

• 1f · All other contributions, gifts and grants

  $4,569,309

• 1g · Noncash contributions included above

  $250,948

• 2a · Program service revenue: ADMISSIONS AND TOURS

  total $649,539 · related or exempt $649,539

• 3 · Investment income

  total $1,409,537 · excluded $1,409,537

• 6a · Gross rents

  real property $232,595

• 6b · Less rental expenses

  real property $16,639

• 6c · Rental income or loss

  real property $215,956

• 6d · Net rental income or loss

  total $215,956 · excluded $215,956

• 7a · Gross sales of assets other than inventory

  securities $52,049,357

• 7b · Less cost or other basis and sales expenses

  securities $47,835,371

• 7c · Gain or loss

  securities $4,213,986

• 7d · Net gain or loss

  total $4,213,986 · excluded $4,213,986

• 8a · Fundraising events: gross income

  $470,422

• 8a · Fundraising events: contributions included on line 1c

  $124,125

• 8b · Fundraising events: direct expenses

  $212,437

• 8c · Net income from fundraising events

  total $257,985 · excluded $257,985

• 10a · Gross sales of inventory

  $361,720

• 10b · Cost of goods sold

  $181,726

• 10c · Net income from sales of inventory

  total $179,994 · related or exempt $179,994

• 11a · Other revenue: ART SALE REVENUE

  total $39,193 · related or exempt $39,193

• 11d · All other revenue

  total $86,635 · related or exempt $86,635

• 11e · Other revenue, total

  $125,828

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,014,232 · program services $123,549 · management and general $539,301 · fundraising $351,382

• 7 · Other salaries and wages

  total $2,114,337 · program services $1,497,063 · management and general $321,058 · fundraising $296,216

• 9 · Other employee benefits

  total $322,605 · program services $209,834 · management and general $75,118 · fundraising $37,653

• 10 · Payroll taxes

  total $234,588 · program services $122,446 · management and general $63,605 · fundraising $48,537

• 11b · Fees: legal

  total $36,822 · management and general $36,822

• 11c · Fees: accounting

  total $38,907 · management and general $38,907

• 11f · Fees: investment management

  total $134,912 · management and general $134,912

• 11g · Fees: other

  total $249,820 · program services $119,421 · management and general $86,374 · fundraising $44,025

• 12 · Advertising and promotion

  total $65,671 · program services $3,995 · management and general $61,676

• 13 · Office expenses

  total $57,713 · program services $8,327 · management and general $42,852 · fundraising $6,534

• 14 · Information technology

  total $46,096 · management and general $28,540 · fundraising $17,556

• 16 · Occupancy

  total $638,821 · program services $591,893 · management and general $46,928

• 20 · Interest

  total $734,256 · program services $697,544 · management and general $36,712

• 22 · Depreciation, depletion and amortization

  total $1,295,037 · program services $1,274,899 · management and general $20,138

• 23 · Insurance

  total $131,066 · program services $81,845 · management and general $49,221

• 24a · Other expenses: EXHIBIT EXPENSES

  total $1,255,908 · program services $1,200,815 · management and general $55,093

• 24b · Other expenses: SECURITY

  total $492,450 · program services $492,450

• 24c · Other expenses: REPAIRS AND MAINTENANCE

  total $447,197 · program services $326,389 · management and general $49,603 · fundraising $71,205

• 24d · Other expenses: GALLERY EDUCATION AND P

  total $176,845 · fundraising $176,845

• 24e · All other expenses

  total $579,497 · program services $198,650 · management and general $147,090 · fundraising $233,757

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,158,104 · end of year $80,542

• 2 · Savings and temporary cash investments

  beginning of year $2,880,266 · end of year $1,975,716

• 3 · Pledges and grants receivable

  beginning of year $2,357,794 · end of year $2,031,305

• 4 · Accounts receivable

  beginning of year $414,386 · end of year $443,766

• 8 · Inventories for sale or use

  beginning of year $176,413 · end of year $208,464

• 9 · Prepaid expenses and deferred charges

  beginning of year $104,295 · end of year $135,086

• 10a · Land, buildings and equipment: cost or other basis

  $55,534,751

• 10b · Land, buildings and equipment: accumulated depreciation

  $33,224,117

• 10c · Land, buildings and equipment, net

  beginning of year $18,861,000 · end of year $22,310,634

• 11 · Investments: publicly traded securities

  beginning of year $60,581,292 · end of year $52,675,993

• 12 · Investments: other securities

  beginning of year $5,209,738 · end of year $315,649

• 15 · Other assets

  beginning of year $1,838,713 · end of year $1,250,000

• 17 · Accounts payable and accrued expenses

  beginning of year $1,347,745 · end of year $640,253

• 20 · Tax-exempt bond liabilities

  beginning of year $22,140,000 · end of year $21,620,000

• 27 · Net assets without donor restrictions

  beginning of year $46,907,001 · end of year $41,418,935

• 28 · Net assets with donor restrictions

  beginning of year $25,187,255 · end of year $17,747,967

The filer's explanations (Part III)

PART I, LINE 4B

THERE ARE TWO 457 PLANS FOR PRESIDENT AND CEO JOHN VANAUSDALL