Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
SCHWEINFURTH MEMORIAL ART CENTER
 
Number and street (or P.O. box number if mail is not delivered to street address)205 GENESEE STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
AUBURN, NY13021
A Employer identification number

16-1097876
B Telephone number (see instructions)

(315) 255-1553
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$2,248,160J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 527,297
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 41,229 41,229 41,229
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 46,211
b Gross sales price for all assets on line 6a 550,029
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 12,493
b Less: Cost of goods sold.... 4,870
c Gross profit or (loss) (attach schedule)..... Click to see attachment 7,623 7,623
11 Other income (attach schedule)....... Click to see attachment 105,763   105,763
12 Total. Add lines 1 through 11........ 728,123 41,229 154,615
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages...... 210,948   33,752 177,196
15 Pension plans, employee benefits....... 43,224 9,509 9,509 33,715
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 18,890   2,369 16,521
17 Interest............... 3,087   1,235 1,852
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion... Click to see attachment 38,210    
20 Occupancy.............. 47,245 4,724   42,521
21 Travel, conferences, and meetings....... 275   110 165
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 71,710 12,464 8,889 50,357
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 433,589 26,697 55,864 322,327
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 433,589 26,697 55,864 322,327
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 294,534
b Net investment income (if negative, enter -0-) 14,532
c Adjusted net income (if negative, enter -0-)... 98,751
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 335,098 162,353 162,353
2 Savings and temporary cash investments......... 224,416 154,691 154,691
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use.............. 14,406 16,296 16,296
9 Prepaid expenses and deferred charges.......... 9,547 6,769 6,769
10a Investments—U.S. and state government obligations (attach schedule) 153,495 Click to see attachment77,940 77,940
b Investments—corporate stock (attach schedule)....... 1,324,358 Click to see attachment1,415,617 1,415,617
c Investments—corporate bonds (attach schedule)....... 346,141 Click to see attachment339,494 339,494
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet2,328,947
Less: accumulated depreciation (attach schedule) bullet1,352,724 436,605 Click to see attachment976,223 75,000
15 Other assets (describe bullet) Click to see attachment20,000 Click to see attachment20,000  
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,864,066 3,169,383 2,248,160
Liabilities 17 Accounts payable and accrued expenses.......... 19,304 15,363
18 Grants payable.................    
19 Deferred revenue................. 319,238 14,751
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment11,715 Click to see attachment190,537
23 Total liabilities (add lines 17 through 22)......... 350,257 220,651
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 2,388,193 2,948,732
25 Net assets with donor restrictions............ 125,616  
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 2,513,809 2,948,732
30 Total liabilities and net assets/fund balances (see instructions). 2,864,066 3,169,383
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
2,513,809
2
Enter amount from Part I, line 27a .....................
2
294,534
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
140,389
4
Add lines 1, 2, and 3 ..........................
4
2,948,732
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,948,732
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 N/A
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3  
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5  
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a  
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bullet
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.SCHWEINFURTHARTCENTER.ORG
    14
    The books are in care ofbulletDONNA LAMB Telephone no.bullet (315) 255-1553

    Located atbullet205 GENESEE STREETAUBURNNY ZIP+4bullet13021
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    DONNA LAMB EXECUTIVE DI
    40.00     		0 0 0
    205 GENESEE STREET
    AUBURN,NY13021
    DOMINIC A GIACONE PRESIDENT
    2.00     		0 0 0
    205 GENESEE STREET
    AUBURN,NY13021
    KATE TABONE SECRETARY
    2.00     		0 0 0
    205 GENESEE STREET
    AUBURN,NY13021
    BARBARA DELMONICO VICE PRESIDE
    2.00     		0 0 0
    205 GENESEE STREET
    AUBURN,NY13021
    JOHN LATANYSHYN TREASURER
    2.00     		0 0 0
    205 GENESEE STREET
    AUBURN,NY13021
    ROBERT BYRON TRUSTEE
    2.00     		0 0 0
    205 GENESEE STREET
    AUBURN,NY13021
    ROBERT SWIETONIOWSKI TRUSTEE
    2.00     		0 0 0
    205 GENESEE STREET
    AUBURN,NY13021
    KAREN MACIER TRUSTEE
    2.00     		0 0 0
    205 GENESEE STREET
    AUBURN,NY13021
    SALLY HOOTNICK TRUSTEE
    2.00     		0 0 0
    205 GENESEE STREET
    AUBURN,NY13021
    ANN CLARKE TRUSTEE
    2.00     		0 0 0
    205 GENESEE STREET
    AUBURN,NY13021
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 THE SCHWEINFURTH ART CENTER IS A NON-PROFIT GALLERY AND MU Y LOCATED IN AUBURN, NEW YORK, SITUATED IN THE HEART OF TH THE ART CENTER OFFERS FIVE EXIBITIONS EACH YEAR FEATURING AL AND INTERNATIONAL ARTISTS. WELL KNOWN ANNUAL EXHIBITS I T=QUILTS, MADE IN NEW YORK AND BOTH ENDS OF THE RAINBOW. T 333,731
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,987,744
    b
    Average of monthly cash balances.......................
    1b
    162,353
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,019,288
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,169,385
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) Click to see attachment.............
    1e
    3,169,385
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    3,169,385
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    47,541
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,121,844
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    156,092
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
     
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
     
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    322,327
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    322,327
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    322,327
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 322,327
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount.....  
    e Remaining amount distributed out of corpus 322,327
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 322,327
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
    98,751 141,055 122,504 124,680 486,990
    b 85% of line 2a ......... 83,938 119,897 104,128 105,978 413,941
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		322,327 442,613 512,908 508,790 1,786,638
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		322,327 442,613 512,908 508,790 1,786,638
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		104,061 94,037 81,669 83,120 362,887
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Total .................................bullet 3a  
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    aADMISSION INCOME         10,486
    bPROGRAM INCOME         18,179
    cQUILTING BY THE LAKE         2,092
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 41,229  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		        46,211
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory         7,623
    11 Other revenue:
    aMISC     		        24,554
    bADJ          
    cPPP         50,452
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   41,229 159,597
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    200,826
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    1A FUNDS RECEIVED WERE USED FOR MUSEUM EXHIBITIONS
    1B FUNDS RECEIVED WILL BE USED TO COVER PROGRAM EXPENSES
    1C FUNDS RECEIVED USED FOR QUILTING BY THE LAKE
    2 FUNDS RECEIVED WERE USED FOR MUSEUM EXHIBITIONS
    10 PROCEEDS FROM INVENTORY SALES USED TO BUY ADTL. INVENTORY
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    SCHWEINFURTH MEMORIAL ART CENTER
     
    Employer identification number

    16-1097876
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    SCHWEINFURTH MEMORIAL ART CENTER
          		Employer identification number
    16-1097876
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    NYS COUCIL FOR THE ARTS
    300 PARK AVE S
     
    NEW YORK, NY10010

    		$ 34,700


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    EVERETT FOUNDATION
    PO BOX 1802
     
    PROVIDENCE, RI02901

    		$ 9,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    DELEVAN FOUNDATION
    1 CHASE SQUARE
     
    ROCHESTER, NY14643

    		$ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    ALLYN FAMILY FOUNDATION
    11 FENNELL STREET
     
    SKANEATELES, NY13152

    		$ 30,441


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    EMERSON FOUNDATION
    5654 SOUTH STREET ROAD
     
    AUBURN, NY13021

    		$ 25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    SCHWEINFURTH MEMORIAL ART CENTER
          		Employer identification number

    16-1097876
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    SCHWEINFURTH MEMORIAL ART CENTER
          		Employer identification number

    16-1097876
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 DepreciationSchedule
    Name:
    SCHWEINFURTH MEMORIAL ART CENTER
    EIN:
    16-1097876
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    AMERICAN OAK FLOORING 2017-12-26 23,748 4,750 S/L 10.0000 2,374      
    440 PUGMILL 2017-11-07 2,751 1,192 S/L 5.0000 550      
    ADDITIONAL CCTV SYSTEM 2017-02-13 1,009 589 S/L 5.0000 201      
    HVAC DUCTWORK MODIFICATIONS 2017-08-30 1,895 884 S/L 5.0000 379      
    VACUUM 2017-04-06 649 357 S/L 5.0000 130      
    K.E.M.M. ELECTRIC 2017-08-31 1,080 504 S/L 5.0000 216      
    GRAND PIANO DOLLY 2017-12-27 700 280 S/L 5.0000 140      
    LABOR HERRTRONICS 2017-12-13 2,712 1,130 S/L 5.0000 542      
    BUILDING 1980-04-01 819,336 819,336 S/L 35.0000        
    IMPROVEMENTS 1981-10-01 3,660 3,660 S/L 10.0000        
    IMPROVEMENTS 1982-10-01 27,622 27,622 S/L 10.0000        
    IMPROVEMENTS 1991-10-01 44,485 44,485 S/L 10.0000        
    FENCE 1994-08-01 700 700 S/L 10.0000        
    LIGHTING 1997-06-09 7,876 7,876 S/L 10.0000        
    GALLERY LIGHTING 1997-06-24 2,835 2,835 S/L 10.0000        
    AIR CONDITIONER 1997-08-06 2,888 2,888 S/L 10.0000        
    SIDEWALKS 1995-08-25 3,795 3,795 S/L 10.0000        
    POLE LAMP 1995-11-27 1,270 1,270 S/L 10.0000        
    CONCRETE BENCHES 1995-12-15 890 890 S/L 10.0000        
    LIGHTING 1995-12-15 1,353 1,353 S/L 10.0000        
    BASEMENT WORK 1996-03-01 9,915 9,915 S/L 10.0000        
    MOVABLE WALLS 1998-01-26 3,580 3,580 S/L 10.0000        
    BASEMENT WORK 1996-05-01 9,668 9,668 S/L 10.0000        
    GRANITE SIGN 2000-01-01 5,850 5,850 S/L 10.0000        
    FURNISHINGS EQUIPMENT 1980-10-01 57,530 57,530 S/L 10.0000        
    FURNITURE 1981-10-01 9,716 9,716 S/L 10.0000        
    FURNITURE 1982-10-01 1,734 1,734 S/L 10.0000        
    OFFICE EQUIPMENT 1984-07-01 1,323 1,323 S/L 10.0000        
    EQUIP J BAKER 1985-06-01 1,288 1,288 S/L 10.0000        
    EQUIP MCPOWERS 1985-06-01 1,064 1,064 S/L 10.0000        
    EQUIPMENT 1985-06-01 558 558 S/L 10.0000        
    FURNITURE 1991-10-01 500 500 S/L 10.0000        
    COPIER 1993-07-01 4,949 4,949 S/L 5.0000        
    PRINTER 1995-11-27 1,370 1,370 S/L 5.0000        
    PRINTING PRESSES 1996-03-01 2,000 2,000 S/L 10.0000        
    GATEWAY 2000 COMPUTER 1997-06-04 2,083 2,083 S/L 10.0000        
    BURGLARY ALARM SYSTEM 1996-07-18 1,159 1,159 S/L 5.0000        
    XEROX COPIER 1999-08-26 2,590 2,590 S/L 5.0000        
    LAND 1978-06-30 75,000              
    HARD DRIVE 2000-05-15 149 149 S/L 5.0000        
    CASH REGISTER 2001-02-02 395 395 S/L 5.0000        
    NEW SIGN 2000-06-01 1,371 1,371 S/L 10.0000        
    TELEPHONE SYSTEM 2001-03-08 5,415 5,415 S/L 5.0000        
    CREDIT CARD TERMINAL 2000-12-29 450 450 S/L 5.0000        
    COMPUTER UPGRADE 2001-08-01 3,418 3,418 S/L 5.0000        
    SECURITY SYSTEM 2001-10-22 2,483 2,483 S/L 5.0000        
    DRAINAGE 2002-06-30 725 316 S/L 40.0000 19      
    DESK 2003-01-07 867 867 S/L 10.0000        
    LIFT 2003-12-05 3,500 3,500 S/L 10.0000        
    ARCHITECT DESIGN 2003-06-25 6,886 6,886 S/L 15.0000        
    GARAGE DOOR 2003-07-10 995 995 S/L 15.0000        
    ADA ROOM RENOVATION 2004-05-27 49,100 19,672 S/L 39.0000 1,259      
    FRAMES 2005-05-04 520 520 S/L 10.0000        
    2 CHAIRS 2005-07-06 140 140 S/L 10.0000        
    LAPTOP 2005-05-04 1,579 1,579 S/L 5.0000        
    LCD PROJECTOR 2005-05-18 1,667 1,667 S/L 5.0000        
    PRINTER 2005-11-03 715 715 S/L 5.0000        
    BLINDS FOR GALLERY 2005-10-14 6,300 6,090 S/L 15.0000 210      
    PLANTERS 2005-11-03 773 773 S/L 10.0000        
    BASEMENT SINK 2006-03-06 810 282 S/L 39.0000 20      
    COMPUTER 2006-02-24 869 869 S/L 5.0000        
    OUTSIDE FAUCETS 2006-03-29 1,296 447 S/L 39.0000 34      
    SEALANT REPLACEMENT 2006-02-28 6,782 2,348 S/L 39.0000 174      
    VACUUM 2006-03-16 418 418 S/L 5.0000        
    AR COMPRESSOR 2007-02-12 2,320 2,320 S/L 5.0000        
    TABLE 2005-09-19 5,056 5,056 S/L 7.0000        
    COMPUTER 2008-01-09 2,582 2,582 S/L 5.0000        
    EQUIPMENT 2008-11-20 179 179 S/L 5.0000        
    FENCE 2005-04-01 694 532 S/L 15.0000 46      
    LIGHTING 2008-01-14 5,000 3,833 S/L 15.0000 333      
    BAY SINK 2008-10-22 300 300 S/L 7.0000        
    SNOW BLOW 2008-12-23 539 539 S/L 5.0000        
    CLIMATE CONTROL MONITORING 2008-03-14 5,874 5,874 S/L 5.0000        
    CHAIRS 2008-06-23 6,523 6,523 S/L 5.0000        
    CAMCORDER 2008-06-23 785 785 S/L 5.0000        
    SOUND SYSTEM 2008-06-24 1,040 1,040 S/L 5.0000        
    SOUND EQUIPMENT 2008-11-17 1,051 1,051 S/L 5.0000        
    MISC EQUIP 2008-06-30 4,684 4,684 S/L 5.0000        
    ENVIROMENTAL MONITORING 2009-06-30 3,525 3,525 S/L 7.0000        
    COMPUTER 2010-01-11 549 549 S/L 3.0000        
    MONITOR 2010-03-12 150 150 S/L 3.0000        
    TV SYSTEM 2010-05-18 7,800 7,800 S/L 3.0000        
    WASHER DRYER 2010-12-01 1,096 1,096 S/L 7.0000        
    SINK 2010-11-16 260 261 S/L 7.0000        
    LIGHTING 2010-06-15 3,642 1,269 S/L 27.5000 132      
    ROOF 2009-06-30 175,380 58,460 S/L 30.0000 5,846      
    ROOF 2010-06-24 12,200 4,215 S/L 27.5000 444      
    ROOF 2010-10-19 9,888 3,296 S/L 27.5000 360      
    ROOF 2010-10-27 838 279 S/L 27.5000 30      
    EPSON POWERLITE PRESENTER 2011-02-06 795 795 S/L 7.0000        
    FLOOR MOP SINK 2 2011-03-11 400 400 S/L 7.0000        
    WALL MOUNTED PRE RINSE FAUCET 2011-03-11 220 220 S/L 7.0000        
    WALL MOUNTED SWIVEL FAUCET 2011-03-11 90 90 S/L 7.0000        
    MOP SINK FAUCET 2011-03-11 180 180 S/L 7.0000        
    THINKPAD EDGE COMPUTER 2011-02-28 725 725 S/L 5.0000        
    MICROSOFT OFFICE 2010 PROFESSIONAL 2011-02-28 325 325 S/L 3.0000        
    ELECTRICAL WIRING 2011-03-03 1,649 971 S/L 15.0000 110      
    PLUMBING 2011-03-10 2,700 1,590 S/L 15.0000 180      
    HOT WATER TANK 2011-06-18 4,850 2,748 S/L 15.0000 323      
    HP LD4210 DIGITAL SIGNANGE 2011-12-16 1,521 1,521 S/L 5.0000        
    PRINTER 2012-02-14 219 220 S/L 5.0000        
    CAMCORDER 2012-11-29 329 329 S/L 5.0000        
    TELEPHONE 2012-12-01 140 140 S/L 5.0000        
    STENCILING 2012-05-15 2,250 1,150 S/L 15.0000 150      
    LIGHTING 2012-10-18 3,572 1,706 S/L 15.0000 238      
    IPAD 2 2013-10-29 538 538 S/L 3.0000        
    GIFTWORKS SOFTWARE 2013-08-12 309 309 S/L 3.0000        
    SOUND ABSOPORTION ROOM KIT 2013-04-10 659 445 S/L 10.0000 66      
    PLEXI CUBES AND FLOOR RISERS 2013-06-05 3,112 2,048 S/L 10.0000 312      
    TABLE 2013-07-03 570 529 S/L 7.0000 41      
    WEBSITE PROJECT 2013-01-18 6,350 6,350 S/L 3.0000        
    ART DISPLAY ESSENTIALS 2013-11-19 2,890 2,512 S/L 7.0000 378      
    DELL T320 2013-12-27 1,394 1,394 S/L 5.0000        
    COMPUTER 2013-08-05 1,025 1,025 S/L 3.0000        
    2 COMPUTERS 2014-01-15 1,284 1,284 S/L 5.0000        
    IPAD 2014-09-29 348 348 S/L 5.0000        
    LIGHTING 2014-10-31 7,152 3,695 S/L 10.0000 716      
    L AND L E23T KILN 2015-01-06 3,122 3,122 S/L 5.0000        
    POTTERS WHEEL 2015-02-10 4,374 4,302 S/L 5.0000 72      
    BERNINA MACHINES 2015-03-31 5,994 5,695 S/L 5.0000 299      
    POTTERY WHEEL 2015-05-28 500 458 S/L 5.0000 42      
    POTTERY WHEEL 2015-07-28 729 645 S/L 5.0000 84      
    BERNINA MACHINES 2015-10-17 849 708 S/L 5.0000 141      
    IKEA SHELVING UNITS 2015-03-13 2,134 1,474 S/L 7.0000 305      
    2ND FLOOR CONSTRUCTION 2015-09-17 9,250 3,931 S/L 10.0000 925      
    PROFESSIONAL SERVICES FOR CONSTRUCTION 2015-09-25 891 757 S/L 5.0000 134      
    TRACK LIGHTS SUPPORT 2015-10-01 6,500 5,525 S/L 5.0000 975      
    QBL COMPUTER 2003-06-06 592 592 S/L 5.0000        
    QBL COMPUTER 2003-06-26 139 139 S/L 5.0000        
    QBL EQUIPMENT 2003-03-19 13,000 13,000 S/L 10.0000        
    QBL COMPUTER 2004-03-26 1,739 1,739 S/L 5.0000        
    QBL SCANNER 2004-06-25 200 200 S/L 5.0000        
    QBL PRINTER 2007-08-24 130 130 S/L 7.0000        
    QBL IPAD 2012-07-02 539 539 S/L 5.0000        
    ASBESTOS ABATEMENT 2018-01-23 20,765 3,980 S/L 10.0000 2,076      
    FLOORING CONSTRUCTION 2018-01-31 24,828 4,759 S/L 10.0000 2,482      
    PAINT PROJECT 2018-02-16 5,694 1,044 S/L 10.0000 569      
    SOFTWARE 2018-04-01 803 281 S/L 5.0000 161      
    IMPROVEMENTS CONSTRUCTION 2018-09-19 53,791 6,724 S/L 10.0000 5,379      
    PROJECT- NOT IN SERVICE YET 2019-12-31 59,123              
    HVAC PROJECT 2020-07-31 544,320   S/L 39.0000 5,815      
    PROFESSIONAL FEES FOR PROJECT 2020-07-31 33,570   S/L 5.0000 2,798      

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    TY 2020 GainLossSaleOtherAssetsSch
    Name:
    SCHWEINFURTH MEMORIAL ART CENTER
    EIN:
    16-1097876
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    TOMPKINS TRUST COMPANY 2020-01 PURCHASE 2020-01   550,029 503,818     46,211  

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    SCHWEINFURTH MEMORIAL ART CENTER
    EIN:
    16-1097876
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORP BOND INVESTMENT 339,494 339,494

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    SCHWEINFURTH MEMORIAL ART CENTER
    EIN:
    16-1097876
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CORP STOCK INVESTMENT 1,415,617 1,415,617

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    SCHWEINFURTH MEMORIAL ART CENTER
    EIN:
    16-1097876
    US Government Securities - End of Year Book Value:

    77,940
    US Government Securities - End of Year Fair Market Value:

    77,940
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2020 LandEtcSchedule2
    Name:
    SCHWEINFURTH MEMORIAL ART CENTER
    EIN:
    16-1097876
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
      2,253,947 1,352,724 901,223  
      75,000   75,000 75,000


    TY 2020 OtherAssetsSchedule
    Name:
    SCHWEINFURTH MEMORIAL ART CENTER
    EIN:
    16-1097876
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
      20,000 20,000  


    TY 2020 OtherExpensesSchedule
    Name:
    SCHWEINFURTH MEMORIAL ART CENTER
    EIN:
    16-1097876
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    CUSTODIAL FEES 12,464 12,464    
    BANK CHARGES 1,861   1,861  
    DUES AND SUBS 1,465   366 1,099
    OFFICE SUPPLIES AND POSTAGE 6,912   2,765 4,147
    ADVERTISING 9,897   2,475 7,422
    TELEPHONE 7,727   1,160 6,567
    PROGRAM AND EXHIBITION EXPENS 18,828     18,828
    INSURANCE 9,275     9,275
    MEETINGS AND CONFERENCE 163     163
    ROOM AND BOARD        
    TEACHER FEES        
    RECEPTION AND LUNCHES        
    SUPPLIES        
    WEBSITE MAINTENANCE 2,593     2,593
    MISCELLANEOUS EXPENSE 525   262 263


    TY 2020 OtherIncomeSchedule2
    Name:
    SCHWEINFURTH MEMORIAL ART CENTER
    EIN:
    16-1097876
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ADMISSION INCOME 10,486   10,486
    PROGRAM INCOME 18,179   18,179
    QUILTING BY THE LAKE 2,092   2,092
    MISC 24,554   24,554
    PPP 50,452   50,452


    TY 2020 OtherIncreasesSchedule
    Name:
    SCHWEINFURTH MEMORIAL ART CENTER
    EIN:
    16-1097876
    Description Amount
    NET UNREALIZED GAINS OR LOSSES ON INVESTMENTS 140,389


    TY 2020 OtherLiabilitiesSchedule
    Name:
    SCHWEINFURTH MEMORIAL ART CENTER
    EIN:
    16-1097876
    Description Beginning of Year - Book Value End of Year - Book Value
    REFUNDABLE ADVANCES 11,715 45,670
    CAPITAL LINE OF CREDIT   144,867


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    SCHWEINFURTH MEMORIAL ART CENTER
    EIN:
    16-1097876
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL FEES 18,890   2,369 16,521


    TY 2020 ReductionExplanationStatement
    Name:
    SCHWEINFURTH MEMORIAL ART CENTER
    EIN:
    16-1097876
    Explanation:
    ENDOWMENT

    TY 2020 SalesOfInventoryList 
    Name:
    SCHWEINFURTH MEMORIAL ART CENTER
    EIN:
    16-1097876

    Category Gross Sales Cost of Goods Sold Net (Gross Sales Minus
    Cost of Goods Sold)
    GIFT SHOP SALES 12,493 4,870 7,623