Totals
- Total revenue
- $11,140,666
- Total expenses
- $11,133,692
- Contributions and grants received
- $9,556,110
- Grants paid
- $0
- Program service revenue
- $56,101
- Investment income
- $2,105
- Other revenue
- $1,526,350
- Total assets, end of year
- $42,038,641
- Total liabilities, end of year
- $2,803,891
- Net assets or fund balances, end of year
- $39,234,750
- Program services expenses (Part IX)
- $7,814,641
- Management and general expenses
- $1,652,854
- Fundraising expenses
- $1,666,197
- Program service expenses (Part III)
- $7,814,641
Program services were 70.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
JOHN PHELAN
CHAIR
- Total calculated
- $0
- Hours/week
- 4
-
MELONY LEWIS
CO-PRESIDENT
- Total calculated
- $0
- Hours/week
- 4 + 2 related
-
AMNON RODAN
CO-PRESIDENT
- Total calculated
- $0
- Hours/week
- 4 + 4 related
-
MARY SCANLAN
SECRETARY
- Total calculated
- $0
- Hours/week
- 4
-
SARAH ARISON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
BARBARA BLUHM-KAUL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
CHRIS BROWN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
JANET CROWN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
DOMENICO DE SOLE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
MARCY EDELSTEIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
BRUCE ETKIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
JOE FELSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
CHRISTY FERER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
BARBARA GAMSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
DAVID GANEK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
STEVE HANSEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
NANCY MAGOON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
NICOLA MARCUS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
SUSAN MARX
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
PAUL PARISER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
NANCY ROGERS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
GAYLE STOFFEL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
JAMIE TISCH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
NICOLA LEES
CHIEF EXECUTIVE OFFICER/DI
- Total calculated
- $604,134
- From this org
- $577,767
- From related orgs
- $0
- Other
- $26,367
- Hours/week
- 60 + 2 related
Schedule J breakdown matched by us
- Base
- $534,017
- Bonus
- $43,750
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $26,367
- Filer's total
- $604,134
-
JACLYN CARR
CHIEF DEVELOPMENT OFFICER
- Total calculated
- $160,842
- From this org
- $144,189
- From related orgs
- $0
- Other
- $16,653
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $132,189
- Bonus
- $12,000
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $16,653
- Filer's total
- $160,842
-
TYLER SCHUBE RESIGNED 113022
CHIEF FINANCIAL OFFICER
- Total calculated
- $242,030
- From this org
- $222,878
- From related orgs
- $0
- Other
- $19,152
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $191,724
- Bonus
- $15,000
- Other
- $16,154
- Deferred
- $0
- Nontaxable benefits
- $19,152
- Filer's total
- $242,030
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Housing allowance or residence for personal use
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
Answered no
- 1b · Written policy on the line-1a expenses
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- ASPEN ART MUSEUM PROVIDES A HOUSING ALLOWANCE APPROVED BY THE BOARD OF TRUSTEES FOR THE CHIEF EXECUTIVE OFFICER/CHIEF CURATOR/DIRECTOR. THE HOUSING ALLOWANCE BENEFITS PROVIDED ARE TAXABLE TO THE CHIEF EXECUTIVE OFFICER/CHIEF CURATOR/DIRECTOR.
- PART I, LINE 1B
- THE BOARD OF TRUSTEES REVIEWS AND DETERMINES THE AVAILABILITY OF HOUSING ALLOWANCES FOR MUSEUM EMPLOYEES.
- PART I, LINE 7
- THE ORGANIZATION'S COMPENSATION COMMITTEE REVIEWS THE PERFORMANCE OF THE EXECUTIVE STAFF TO DETERMINE IF ADDITIONAL COMPENSATION IN THE FORM OF BONUSES WILL BE PAID. DURING CALENDAR YEAR ENDING DECEMBER 31, 2022, THE COMPENSATION COMMITTEE AWARDED THE CHIEF EXECUTIVE OFFICER, CHIEF FINANCIAL OFFICER AND CHIEF DEVELOPMENT OFFICER A BONUS BASED ON REVIEW OF THE INDIVIDUAL'S PERFOMANCE AND SERVICES TO THE ORGANIZATION.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · ESTABLISHMENT AND ADMINISTRATION OF ENDOWMENT · CO · controlled entity
Directly controlled by ASPEN ART MUSEUM
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 24 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202411519349300346
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