Totals
- Total revenue
- $6,484,676
- Total expenses
- $5,860,238
- Contributions and grants received
- $5,512,783
- Grants paid
- $15,000
- Program service revenue
- $615,155
- Investment income
- $111,364
- Other revenue
- $245,374
- Total assets, end of year
- $24,386,747
- Total liabilities, end of year
- $4,842,882
- Net assets or fund balances, end of year
- $19,543,865
- Program services expenses (Part IX)
- $4,358,141
- Management and general expenses
- $802,648
- Fundraising expenses
- $699,449
- Program service expenses (Part III)
- $4,358,141
Program services were 74.4% 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.
-
1c · Fundraising events
$826,077
-
1e · Government grants (contributions)
$639,652
-
1f · All other contributions, gifts and grants
$4,047,054
-
1g · Noncash contributions included above
$16,200
-
2a · Program service revenue: EXHIBIT ADMISSIONS
total $466,502 · related or exempt $466,502
-
2b · Program service revenue: MEMBERSHIP REVENUE
total $148,653 · related or exempt $148,653
-
3 · Investment income
total $111,364 · excluded $111,364
-
6a · Gross rents
real property $43,782
-
6c · Rental income or loss
real property $43,782
-
6d · Net rental income or loss
total $43,782 · excluded $43,782
-
8a · Fundraising events: gross income
$297,983
-
8a · Fundraising events: contributions included on line 1c
$826,077
-
8b · Fundraising events: direct expenses
$297,983
-
10a · Gross sales of inventory
$346,320
-
10b · Cost of goods sold
$158,918
-
10c · Net income from sales of inventory
total $187,402 · related or exempt $187,402
-
11a · Other revenue: OTHER INCOME
total $14,190 · excluded $14,190
-
11e · Other revenue, total
$14,190
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $15,000 · program services $15,000
-
5 · Compensation of officers, directors and key employees
total $346,348 · program services $207,809 · management and general $34,635 · fundraising $103,904
-
7 · Other salaries and wages
total $2,261,681 · program services $1,592,657 · management and general $367,022 · fundraising $302,002
-
8 · Pension plan contributions
total $24,994 · program services $17,822 · management and general $4,188 · fundraising $2,984
-
9 · Other employee benefits
total $176,981 · program services $123,012 · management and general $27,754 · fundraising $26,215
-
10 · Payroll taxes
total $181,844 · program services $125,627 · management and general $28,060 · fundraising $28,157
-
11b · Fees: legal
total $431 · management and general $431
-
11f · Fees: investment management
total $20,272 · management and general $20,272
-
11g · Fees: other
total $181,226 · program services $87,643 · management and general $56,571 · fundraising $37,012
-
12 · Advertising and promotion
total $169,116 · program services $169,116
-
13 · Office expenses
total $12,062 · program services $6,725 · management and general $5,267 · fundraising $70
-
14 · Information technology
total $40,985 · program services $33,802 · management and general $5,226 · fundraising $1,957
-
16 · Occupancy
total $421,223 · program services $374,889 · management and general $37,910 · fundraising $8,424
-
17 · Travel
total $27,727 · program services $20,754 · management and general $2,059 · fundraising $4,914
-
20 · Interest
total $154,813 · program services $33,723 · management and general $94,513 · fundraising $26,577
-
22 · Depreciation, depletion and amortization
total $529,728 · program services $471,459 · management and general $47,675 · fundraising $10,594
-
23 · Insurance
total $88,294 · program services $78,581 · management and general $7,946 · fundraising $1,767
-
24a · Other expenses: EXHIBITION PRODUCTION AND
total $291,768 · program services $291,768
-
24b · Other expenses: ARTIST AND PERFORMER STIP
total $271,989 · program services $271,989
-
24c · Other expenses: SHIPPING AND CRATING
total $171,076 · program services $171,076
-
24d · Other expenses: REPAIR AND MAINTENANCE
total $91,356 · program services $81,307 · management and general $8,222 · fundraising $1,827
-
24e · All other expenses
total $381,324 · program services $183,382 · management and general $54,897 · fundraising $143,045
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,782,354 · end of year $630,462
-
3 · Pledges and grants receivable
beginning of year $4,576,539 · end of year $6,208,413
-
4 · Accounts receivable
beginning of year $815,479 · end of year $337,453
-
8 · Inventories for sale or use
beginning of year $55,713 · end of year $65,829
-
9 · Prepaid expenses and deferred charges
beginning of year $57,023 · end of year $51,379
-
10a · Land, buildings and equipment: cost or other basis
$19,306,829
-
10b · Land, buildings and equipment: accumulated depreciation
$7,469,042
-
10c · Land, buildings and equipment, net
beginning of year $11,915,258 · end of year $11,837,787
-
12 · Investments: other securities
beginning of year $3,764,561 · end of year $4,727,113
-
15 · Other assets
beginning of year $596,294 · end of year $528,311
-
17 · Accounts payable and accrued expenses
beginning of year $231,703 · end of year $366,902
-
19 · Deferred revenue
beginning of year $208,249 · end of year $205,769
-
22 · Loans and payables to officers and key people
beginning of year $1,764,286 · end of year $1,628,571
-
23 · Secured mortgages and notes payable
beginning of year $2,148,107 · end of year $2,091,800
-
25 · Other liabilities
beginning of year $638,994 · end of year $549,840
-
27 · Net assets without donor restrictions
beginning of year $9,491,924 · end of year $8,078,893
-
28 · Net assets with donor restrictions
beginning of year $9,079,958 · end of year $11,464,972
Mission and programs · 2022
Mission
THE MUSEUM OF CONTEMPORARY ART DENVER IS AN INNOVATIVE FORUM FOR CONTEMPORARY ART THAT INSPIRES AND CHALLENGES ALL AUDIENCES, CREATING UNDERSTANDING AND DIALOGUE ABOUT ART OF OUR TIME.
Activities or mission (Part I)
SEE SCHEDULE O
-
MCA DENVER'S PRIMARY FOCUS IS THE DISPLAY OF ART EXHIBITIONS BY KEY FIGURES IN REGIONAL, NATIONAL, AND INTERNATIONAL CONTEMPORARY ART. THE MUSEUM HAS SIX DISTINCT, ROTATING GALLERIES THAT ENCOURAGE A DIRECT EXCHANGE BETWEEN ARTISTS AND THEIR AUDIENCES. MCA DENVER'S EXHIBITIONS CREATE RICH, CROSS- DISCIPLINARY DISCOURSE THROUGH THE PRESENTATION OF PAINTING, SCULPTURE, PHOTOGRAPHY, MIXED MEDIA, VIDEO/FILM, AND PERFORMANCE.
Expenses $2,424,676 · Revenue $466,502
-
MCA DENVER FOCUSES ON PROVIDING EDUCATIONAL PROGRAMS THAT PROVIDE AUDIENCES THE UNIQUE OPPORTUNITY TO EXPLORE ART AND INTELLECTUAL THOUGHT IN CONJUNCTION WITH THE RICHNESS OF EVERYDAY LIFE. THE MIXED TASTE LECTURE SERIES MINES THE LOCAL COMMUNITY AND CAPITALIZES ON THE DIVERSE AREAS OF KNOWLEDGE IN THE REGION WHILE ENCOURAGING AUDIENCES TO REFLECT ON HOW THE TOPICS PRESENTED RELATE TO THEIR LIVES. THE CONVERSION SERIES CONNECTS THE COMMUNITY WITH INNOVATIVE ARTISTS, PROMOTING CONTEMPORARY DISCOURSE BY BRINGING INTERNATIONALLY RENOWNED ARTISTS TO THE FOREFRONT OF PUBLIC EXPERIENCE. THE TEEN COUNCIL PROVIDES TEENS THE OPPORTUNITY TO INTERACT WITH LENDING ARTISTS IN A COLLABORATIVE ENVIRONMENT, CREATING WORK AND GAINING UNPARALLELED INSIGHT ABOUT ART.
Expenses $1,933,465 · Grants $15,000 · Revenue $336,055
As filed on the 2022 return.
Listed in Part VII
-
Bart SpauldingBART SPAULDING
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Steven CohenSTEVEN COHEN
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Minyoung SohnMINYOUNG SOHN
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Suchit MajmudarSUCHIT MAJMUDAR
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Emily BallardEMILY BALLARD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Katina BanksKATINA BANKS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michael BarkinMICHAEL BARKIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Buck BlessingBUCK BLESSING
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Tomago CollinsTOMAGO COLLINS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Amanda Fox ShifrinAMANDA FOX SHIFRIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michael GadlinMICHAEL GADLIN
TRUSTEE
- Total calculated
- $2,463
- From this org
- $2,463
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Katherine GoldKATHERINE GOLD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Leslie HerodLESLIE HEROD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Nelson HioeNELSON HIOE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Bret HirshBRET HIRSH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Adam LipsiusADAM LIPSIUS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Amy MinnickAMY MINNICK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Zack NeumeyerZACK NEUMEYER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Maia Ruth LeeMAIA RUTH LEE
TRUSTEE
- Total calculated
- $200
- From this org
- $200
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Eduardo SarabiaEDUARDO SARABIA
TRUSTEE
- Total calculated
- $5,250
- From this org
- $5,250
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Glen WarrenGLEN WARREN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Thomas WhittenTHOMAS WHITTEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Scott WylieSCOTT WYLIE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jeb ToddJEB TODD
TRUSTEE THRU
- Total calculated
- $0
- Hours/week
- 1
-
Michael T FriesMICHAEL T FRIES
CHAIR THRU 1
- Total calculated
- $0
- Hours/week
- 1
-
Michelle FriesMICHELLE FRIES
TRUSTEE THRU
- Total calculated
- $0
- Hours/week
- 1
-
Nora AbramsNORA ABRAMS
EXECUTIVE DI
- Total calculated
- $325,689
- From this org
- $312,700
- From related orgs
- $0
- Other
- $12,989
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $250,000
- Bonus
- $62,700
- Other
- not reported
- Deferred
- $5,212
- Nontaxable benefits
- $7,777
- Filer's total
- $325,689
-
Sarah MerrillSARAH MERRILL
DEPUTY DIREC
- Total calculated
- $181,951
- From this org
- $170,759
- From related orgs
- $0
- Other
- $11,192
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $170,759
- Bonus
- not reported
- Other
- not reported
- Deferred
- $3,415
- Nontaxable benefits
- $7,777
- Filer's total
- $181,951
-
Sarah Kate BaieSARAH KATE BAIE
DIR PROGRAMM
- Total calculated
- $113,771
- From this org
- $111,090
- From related orgs
- $0
- Other
- $2,681
- Hours/week
- 40
-
Courtney LawCOURTNEY LAW
DIR COMMUNIC
- Total calculated
- $123,329
- From this org
- $114,367
- From related orgs
- $0
- Other
- $8,962
- 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. 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
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 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
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 18 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202342919349300139
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.