Totals
- Total revenue
- $7,371,016
- Total expenses
- $7,839,352
- Contributions and grants received
- $5,680,642
- Grants paid
- $0
- Program service revenue
- $1,338,152
- Investment income
- $25,012
- Other revenue
- $327,210
- Total assets, end of year
- $38,254,186
- Total liabilities, end of year
- $773,422
- Net assets or fund balances, end of year
- $37,480,764
- Program services expenses (Part IX)
- $5,878,225
- Management and general expenses
- $1,477,042
- Fundraising expenses
- $484,085
- Program service expenses (Part III)
- $5,878,225
Program services were 75.0% 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
$878,775
-
1e · Government grants (contributions)
$725,000
-
1f · All other contributions, gifts and grants
$4,076,867
-
1g · Noncash contributions included above
$157,682
-
2a · Program service revenue: ADMISSIONS
total $1,059,852 · related or exempt $1,059,852
-
2b · Program service revenue: MEMBERSHIP DUES
total $168,032 · related or exempt $168,032
-
2c · Program service revenue: EXHIBITIONS & PROGRAMS
total $110,268 · related or exempt $110,268
-
3 · Investment income
total $378,266 · excluded $378,266
-
7a · Gross sales of assets other than inventory
securities $4,824,843
-
7b · Less cost or other basis and sales expenses
securities $5,178,097
-
7c · Gain or loss
securities -$353,254
-
7d · Net gain or loss
total -$353,254 · excluded -$353,254
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$878,775
-
8b · Fundraising events: direct expenses
$333,030
-
8c · Net income from fundraising events
total -$333,030 · excluded -$333,030
-
10a · Gross sales of inventory
$520,117
-
10b · Cost of goods sold
$228,403
-
10c · Net income from sales of inventory
total $291,714 · related or exempt $291,714
-
11a · Other revenue: FACILITY USE FEE
total $368,526 · related or exempt $368,526
-
11e · Other revenue, total
$368,526
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $574,572 · program services $102,044 · management and general $421,506 · fundraising $51,022
-
7 · Other salaries and wages
total $2,952,632 · program services $2,537,390 · management and general $196,470 · fundraising $218,772
-
9 · Other employee benefits
total $317,496 · program services $177,422 · management and general $132,005 · fundraising $8,069
-
10 · Payroll taxes
total $291,350 · program services $227,997 · management and general $44,201 · fundraising $19,152
-
11b · Fees: legal
total $42,211 · management and general $42,211
-
11c · Fees: accounting
total $32,850 · management and general $30,850 · fundraising $2,000
-
11f · Fees: investment management
total $75,265 · management and general $75,265
-
11g · Fees: other
total $1,146,057 · program services $853,633 · management and general $248,281 · fundraising $44,143
-
12 · Advertising and promotion
total $11,891 · program services $11,891
-
13 · Office expenses
total $225,781 · program services $212,408 · management and general $11,380 · fundraising $1,993
-
14 · Information technology
total $91,433 · program services $37,398 · management and general $46,269 · fundraising $7,766
-
16 · Occupancy
total $229,046 · program services $229,046
-
17 · Travel
total $78,034 · program services $59,706 · management and general $13,071 · fundraising $5,257
-
19 · Conferences, conventions and meetings
total $214,844 · program services $156,338 · management and general $6,575 · fundraising $51,931
-
20 · Interest
total $21,588 · management and general $21,588
-
22 · Depreciation, depletion and amortization
total $450,220 · program services $447,150 · management and general $3,070
-
23 · Insurance
total $164,601 · program services $134,378 · management and general $21,292 · fundraising $8,931
-
24a · Other expenses: REPAIRS AND MAINTENANCE
total $176,532 · program services $176,532
-
24b · Other expenses: MISCELLANEOUS
total $142,207 · program services $122,644 · management and general $18,118 · fundraising $1,445
-
24c · Other expenses: POSTAGE AND DELIVERY
total $120,393 · program services $99,204 · management and general $3,638 · fundraising $17,551
-
24d · Other expenses: BANK CHARGES
total $100,013 · program services $63,605 · management and general $12,453 · fundraising $23,955
-
24e · All other expenses
total $380,336 · program services $229,439 · management and general $128,799 · fundraising $22,098
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,097,868 · end of year $158,093
-
2 · Savings and temporary cash investments
beginning of year $1,310,664 · end of year $598,754
-
3 · Pledges and grants receivable
beginning of year $1,742,263 · end of year $1,379,885
-
4 · Accounts receivable
end of year $1,194,518
-
8 · Inventories for sale or use
beginning of year $242,309 · end of year $261,615
-
9 · Prepaid expenses and deferred charges
beginning of year $219,420 · end of year $144,669
-
10a · Land, buildings and equipment: cost or other basis
$30,444,937
-
10b · Land, buildings and equipment: accumulated depreciation
$18,801,592
-
10c · Land, buildings and equipment, net
beginning of year $11,463,241 · end of year $11,643,345
-
11 · Investments: publicly traded securities
beginning of year $16,669,050 · end of year $22,038,987
-
15 · Other assets
beginning of year $2,976,870 · end of year $834,320
-
17 · Accounts payable and accrued expenses
beginning of year $693,217 · end of year $569,880
-
19 · Deferred revenue
beginning of year $175,128 · end of year $96,476
-
25 · Other liabilities
beginning of year $0 · end of year $107,066
-
27 · Net assets without donor restrictions
beginning of year $9,663,515 · end of year $9,599,795
-
28 · Net assets with donor restrictions
beginning of year $25,189,825 · end of year $27,880,969
Mission and programs · 2022
Mission
PALM SPRINGS ART MUSEUM CREATES TRANSFORMATIVE EXPERIENCES THAT EXPAND OUR UNDERSTANDING OF OURSELVES AND THE WORLD. PALM SPRINGS ART MUSEUM HAS A WIDE-REACHING AND GROWING PERMANENT COLLECTION OF OVER 12,000 OBJECTS ROOTED IN MODERN AND CONTEMPORARY ART, ARCHITECTURE, AND DESIGN THAT HAS DEVELOPED FROM OF OUR UNIQUE HISTORY, CULTURE, AND PLACE.THE MUSEUM'S COLLECTION, EXHIBITION, AND EDUCATION PROGRAMS CONNECT THE PUBLIC WITH ART AND IDEAS THAT SERVE AND ADAPT WITH THE DYNAMIC AND GROWING COMMUNITY THAT CALLS PALM SPRINGS HOMEAS WELL AS NEW GENERATIONS OF VISITORS WHO CONTINUE TO MAKE THE AREA A DESTINATION FOR REJUVENATION, ENTERTAINMENT, AND CULTURAL EXCURSION.THE MUSEUM IS COMMITTED TO HARNESSING THE RICH LEGACY, DIVERSE CREATIVE OPPORTUNITIES, AND PHILANTHROPIC SUPPORT THAT IS SHAPING OUR MUSEUM'S FUTURE AND MAKE AN IMPACT UPON THE EVOLVING CULTURAL LANDSCAPE OF OUR REGION.
Activities or mission (Part I)
PALM SPRINGS ART MUSEUM IS COMMITTED TO EXPRESSING OUR UNIQUE VOICE AS AN INCLUSIVE, 21ST CENTURY MUSEUM, AND EVOLVING CENTER OF COMMUNITY BELONGING.
-
FOUNDED IN 1938, PALM SPRINGS ART MUSEUM (PSAM) IS THE LARGEST ARTS CULTURAL INSTITUTION IN THE COACHELLA VALLEY. ACCREDITED BY THE AMERICAN ASSOCIATION OF MUSEUMS, THE MUSEUM HAS 28 GALLERIES, TWO SCULPTURE GARDENS, FOUR CLASSROOMS, A RESOURCE CENTER, FIVE STORAGE VAULTS, AN 85-SEAT LECTURE HALL, A 433-SEAT PROFESSIONAL THEATER, A 1,000 SQUARE-FOOT STORE SPACE, A PERMANENT COLLECTION OF 12,000+ WORKS OF ART (INCLUDING PAINTING, SCULPTURE, PHOTOGRAPHY, DRAWINGS, PRINTS, AND MEDIA WORKS, WITH STRENGTHS IN MODERN AND CONTEMPORARY ART), AND A BISTRO ALL IN A 150,000 SQUARE-FOOT ARCHITECTURALLY SIGNIFICANT BUILDING. OUR SATELLITE LOCATION, THE ARCHITECTURE AND DESIGN CENTER, EDWARDS HARRIS PAVILION FEATURES A 17,000 SQUARE-FOOT SPACE FOR EXHIBITIONS AND PROGRAMMING. WE ALSO HAVE A SATELLITE OUTDOOR VENUE, THE FOUR-ACRE FAYE SARKOWSKY SCULPTURE GARDEN IN PALM DESERT WHICH IS FREE AND OPEN 24/7. WE CURRENTLY OFFER 10 MEMBERSHIP LEVELS RANGING FROM $50 TO $25,000. MEMBERSHIP IN 2023 REMAINED STEADY WITH 3,300 MEMBERS; SLIGHTLY DOWN FROM THE PREVIOUS YEAR.IN FISCAL YEAR ("FY") 2022, OUR VISITOR TOTAL WAS 134,557 AND IN FY 2023, WE SAW A NEARLY 10% INCREASE TO 147,967 VISITORS. VISITATION HAS EXCEEDED OUR PRE-PANDEMIC LEVELS. IN TERMS OF REVENUE, FY 2022 ADMISSIONS REVENUE WAS $1,107,427. IT DECLINED BY 4.3% TO $1,059,852 IN FY 2023. FY 2023 WAS ONLY NINE MONTHS DUE TO CHANGING OUR FISCAL YEAR END TO JUNE 30 FROM SEPTEMBER 30.THE MUSEUM PRESENTED THREE MAJOR EXHIBITIONS IN OUR MAIN MUSEUM IN FY 2023, INCLUDING ONE FEATURING DIGITAL ARTIST PETRA CORTRIGHT, ANOTHER ON THE WORK OF LIGHT AND SPACE ARTIST PHILIP K. SMITH III, AND AN EXHIBITION OF 86 WORKS DONATED TO THE PERMANENT COLLECTION BY PATRON AND CHAIR EMERITA DONNA MACMILLAN. THE MUSEUM CONTINUED ITS OUTBURST PROJECTS OF SMALL-FORMAT EXHIBITIONS FOR EMERGING ARTISTS AND FEATURED LOS ANGELES-BASED ARTIST GABRIELLA RUIZ AND FOUR OF HER CONTEMPORARIES AS WELL AS A WINTER EXHIBITION OF WORK BY NEW YORK-BASED ARTIST TAJH RUST. THERE HAVE ALSO BEEN SEVERAL SMALLER-SCALED EXHIBITIONS OF WORK DRAWN FROM THE MUSEUM'S PERMANENT COLLECTION, INCLUDING PRESENTATIONS OF GLASS ART, MEXICAN DRAWING AND PAINTING, CONTEMPORARY PHOTOGRAPHY, DESERT LANDSCAPES, AND CONTEMPORARY AFRICAN ARTISTS. AT THE ARCHITECTURE AND DESIGN CENTER, AMERICAN FRAMING FOCUSED ON A COMMON YET LITTLE UNDERSTOOD BUILDING METHOD AND ESO ES LA VIDA PROVIDED AN OVERVIEW OF GRAPHIC DESIGN FROM MEXICO. THE MUSEUM CONTINUED TO HOLD "THURSDAY NIGHT SESSIONS" FEATURING FREE ADMISSION FROM 5:00 8:00 P.M. AS WELL AS ART ACTIVITIES AND DJS IN THE GALLERIES. THURSDAY NIGHT SESSIONS IS SPONSORED BY THE CITY OF PALM SPRINGS. THE PUBLIC PROGRAMMING DEPARTMENT ALSO BUILT UPON THE FAMILY+ SERIES OF FREE ADMISSION AND ACTIVITIES EVERY THIRD SUNDAY OF THE MONTH. ADDITIONALLY, WE WORKED WITH DIFFERENT COMMUNITY-BASED GROUPS AND ORGANIZATIONS TO WELCOME NEW AUDIENCES THROUGH SPECIAL LIMITED EXHIBITIONS, LECTURES, PERFORMANCES, AND ACTIVITIES. THE MUSEUM ALSO WELCOMED NEW PARTNERSHIPS WITH RIVERSIDE COUNTY OFFICE OF EDUCATION, MIGRANT EDUCATION WHO BROUGHT STUDENTS FROM ACROSS THE EASTERN END OF THE COACHELLA VALLEY TO DO STUDIO VISITS WITH OUR ARTISTS IN RESIDENCE THROUGH THE OUTBURST RESIDENCY. THE MUSEUM CONTINUED TO STRENGTHEN ONGOING PARTNERSHIPS WITH THE PALM SPRINGS BLACK HISTORY MONTH COMMITTEE, MODERNISM WEEK, AND THE PALM SPRINGS INTERNATIONAL FILM FESTIVAL. INDIVIDUAL LECTURES WERE PRESENTED INVOLVING EXHIBITING AND VISITING ARTISTS AND CURATORS, ARCHITECTS, CREATIVES, AND EDUCATORS. MANY OF THESE LECTURES WERE PRESENTED AS HYBRID WEBINARS FOR THOSE UNABLE TO MAKE IT TO PALM SPRINGS AND WERE LATER POSTED TO THE MUSEUM'S YOUTUBE CHANNEL. IN 2023, THE MUSEUM AGAIN PRESENTED A MUSEUM-WIDE PRIDE CELEBRATION FOR THE LGBTQ+ COMMUNITY AND ITS ALLIES, AS WELL ITS ANNUAL SUMMER FILM SERIES.
Expenses $5,878,225 · Revenue $1,998,392
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Leo MarmolLEO MARMOL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Faye SarkowskyFAYE SARKOWSKY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mark LeonardMARK LEONARD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Matt FeltonMATT FELTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Amjad BangashAMJAD BANGASH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Roberta HollandROBERTA HOLLAND
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
James EganJAMES EGAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Marilyn LoesbergMARILYN LOESBERG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Leonard S EberLEONARD S EBER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Diane RubinDIANE RUBIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Barbara GothardBARBARA GOTHARD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Lj CellaLJ CELLA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
John P MonahanJOHN P MONAHAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
William L HoodWILLIAM L HOOD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Gary GraceGARY GRACE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Pame SchmiderPAME SCHMIDER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Linda SinghLINDA SINGH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Barry W Morse MDBARRY W MORSE MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Gary N SchahetGARY N SCHAHET
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Gwendolyn WeinerGWENDOLYN WEINER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Phillip SmithPHILLIP SMITH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Donna MacMillanDONNA MACMILLAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Roswitha SmaleROSWITHA SMALE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mary Ingebrand-PohladMARY INGEBRAND-POHLAD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Vee SoteloVEE SOTELO
ASSISTANT SECRETARY
- Total calculated
- $0
- Hours/week
- 8
-
Tom MinderTOM MINDER
SECRETARY
- Total calculated
- $0
- Hours/week
- 8
-
Richard CainRICHARD CAIN
TREASURER
- Total calculated
- $0
- Hours/week
- 8
-
Craig HartzmanCRAIG HARTZMAN
EXECUTIVE VICE CHAIR
- Total calculated
- $0
- Hours/week
- 8
-
Jane EmisonJANE EMISON
EXECUTIVE CHAIR
- Total calculated
- $0
- Hours/week
- 14
-
Jack PeirceJACK PEIRCE
DEPUTY DIRECTOR/CFO
- Total calculated
- $169,703
- From this org
- $143,707
- From related orgs
- $0
- Other
- $25,996
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $143,707
- Bonus
- $0
- Other
- $0
- Deferred
- $25,996
- Nontaxable benefits
- $0
- Filer's total
- $169,703
-
Adam LernerADAM LERNER
CEO
- Total calculated
- $337,806
- From this org
- $301,787
- From related orgs
- $0
- Other
- $36,019
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $301,787
- Bonus
- $0
- Other
- $0
- Deferred
- $24,912
- Nontaxable benefits
- $11,107
- Filer's total
- $337,806
-
Mark L BaumgartnerMARK L BAUMGARTNER
CHIEF ADVANCEMENT OFFICER
- Total calculated
- $174,351
- From this org
- $162,582
- From related orgs
- $0
- Other
- $11,769
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $162,582
- Bonus
- $0
- Other
- $0
- Deferred
- $11,769
- Nontaxable benefits
- $0
- Filer's total
- $174,351
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 · Written employment contract
- 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
- 6 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441309349305504
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.