Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
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Total |
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Calendar year
(or fiscal year beginning in)
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(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 2,527,108 | 1,892,795 | 1,465,452 | 2,079,488 | 2,432,452 | 10,397,295 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 2,527,108 | 1,892,795 | 1,465,452 | 2,079,488 | 2,432,452 | 10,397,295 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | 3,482,001 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 6,915,294 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 2,527,108 | 1,892,795 | 1,465,452 | 2,079,488 | 2,432,452 | 10,397,295 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 748,358 | 1,409,171 | 792,901 | 761,611 | 1,407,974 | 5,120,015 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 1,979 | 5,182 | 3,794 | 11,601 | 25,512 | 48,068 |
| 11 | Total support. Add lines 7 through 10 | 15,735,754 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2021 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2021 |
(iii) Distributable Amount for 2021 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2021 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2021 (reasonable cause required-- explain in Part VI). See instructions. |
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| 3 Excess distributions carryover, if any, to 2021: | ||||
| a From 2016....... | ||||
| b From 2017....... | ||||
| c From 2018....... | ||||
| d From 2019....... | ||||
| e From 2020....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2021 distributable amount | ||||
|
i
Carryover from 2016 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2021 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2021 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2021, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2021. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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7 Excess distributions carryover to 2022. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2017..... | ||||
| b Excess from 2018..... | ||||
| c Excess from 2019..... | ||||
| d Excess from 2020..... | ||||
| e Excess from 2021..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|---|
| SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | MISCELLANEOUS - 2017 AMOUNT: $ 1,979. 2018 AMOUNT: $ 5,182. 2019 AMOUNT: $ 3,794. 2020 AMOUNT: $ 11,601. 2021 AMOUNT: $ 25,512. |
| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: | THE AKRON ART MUSEUM INVITES ALL PEOPLE TO ENRICH THEIR LIVES THROUGH MODERN AND CONTEMPORARY ART. THE MUSEUM MANIFESTS THIS COMMITMENT BY: - WE BELIEVE IN THE VALUE OF ART AND ARTISTS. THE MUSEUM BUILDS, STUDIES AND SHARES OUR OUTSTANDING MODERN AND CONTEMPORARY COLLECTION OF REGIONAL, NATIONAL, AND INTERNATIONAL ART. WE CELEBRATE AND COLLECT EMERGING AND ESTABLISHED ARTISTS, INVEST IN ART THAT HONORS DIVERSITY AND CREATIVITY, AND PRESERVE WORLD-CLASS ART AND ARCHITECTURE FOR FUTURE GENERATIONS. - WE BELIEVE IN THE POWER OF MUSEUMS TO INSPIRE AND EDUCATE. THE MUSEUM PROVIDES ACCESS TO VARIED EXPERIENCES THAT EDUCATE, INSPIRE, AND ENGAGE. VISITORS ARE INVITED TO LEARN, PLAY, AND GROW WHILE CONNECTING WITH THEMSELVES AND OTHERS. EXPERIENCES WITH ART AND ARTISTS ARE DESIGNED TO EXPLORE THE CREATIVE PROCESS AND OFFER INSIGHT INTO HOW ARTISTS REFLECT HUMAN EXPERIENCE AND CULTURE ACROSS TIME AND GEOGRAPHY. - WE BELIEVE IN WORKING WITH AND FOR OUR COMMUNITY. THE MUSEUM EXISTS TO SERVE THE COMMUNITY AND DOES SO BY BUILDING STRONG RELATIONSHIPS THROUGH COLLABORATIVE PARTNERSHIPS, CONSTRUCTIVE DIALOGUE, AND DIVERSE REPRESENTATION. - WE BELIEVE IN FOSTERING A CULTURE OF RESPECT. THE MUSEUM RESPECTS AND VALUES OUR STAKEHOLDERS THROUGHOUT ALL OF OUR INTERACTIONS. WELCOMING OTHERS WITH A SENSE OF BELONGING AND VALUING THEIR CONTRIBUTIONS IS OF UTMOST IMPORTANCE. - WE BELIEVE IN ACCOUNTABILITY AND CONTINUOUS GROWTH. WE STRIVE FOR PROGRESS BY LIVING OUR VALUES HONESTLY AND TRANSPARENTLY AS WELL AS BY FOCUSING ON CONTINUOUS GROWTH THROUGH EXPERIENCE, COLLABORATION, AND INTROSPECTION. |
| FORM 990, PART III, LINE 4A, DESCRIPTION OF PROGRAM SERVICE | MAKING YOUR MARK THIS NEW EXHIBITION OFFERS A PANOPLY OF FINE CRAFTSMANSHIP. MANY OF THE ARTISTS EMPLOY EVERYDAY TOOLS TO ACCOMPLISH EXTRAORDINARY RESULTS. ANDREA MYERS, FOR EXAMPLE, TRANSFORMS SCRAP FABRIC INTO AN OCEAN OF TEXTURE. HER WORK, BLUE SEEMS, IS AT ONCE ABSTRACT AND EVOCATIVE, REMINISCENT OF SWEEPING SEAS OR KITES IN THE SKY. CLOSE INSPECTION REVEALS THE ARTIST'S HANDIWORK, WITH COUNTLESS STITCHES THROUGH MULTIPLE LAYERS OF FABRIC. THIS EXHIBITION INCLUDES WORKS BY NINE REGIONAL ARTISTS, INDIVIDUALS EMPLOYING THEIR CRAFT TO ENGAGE OUR COMMUNITY AND WAS ON DISPLAY THROUGH MARCH 14, 2021. EXHIBITIONS AND PROGRAMMING IN THE MARY S. AND DAVID C. CORBIN FOUNDATION GALLERY, INCLUDING THE LIVE CREATIVE STUDIO, ARE MADE POSSIBLE WITH SUPPORT FROM THE MARY S. AND DAVID C. CORBIN FOUNDATION WITH ADDITIONAL FUNDING FROM ALAN AND JANICE WOLL FAMILY FUND, SYNTHOMER FOUNDATION, PEG'S FOUNDATION, ROBERT O. AND ANNAMAE ORR FAMILY FOUNDATION, CHARLES E. AND MABEL M. RICHIE FOUNDATION, MR. AND MRS. WILLIAM H. CONSIDINE, AND THE KENNETH L. CALHOUN CHARITABLE TRUST, KEYBANK, TRUSTEE. RECONSIDERED: WORKS FROM THE COLLECTION THE AKRON ART MUSEUM HOLDS MORE THAN 7000 ARTWORKS THOUGH ONLY 1% ARE ON VIEW. VISITORS MIGHT WONDER WHY MUSEUMS LEAVE SO MUCH OF THEIR COLLECTION IN STORAGE. WHILE MUSEUMS ARE MISSION-DRIVEN TO DISPLAY WORKS FOR VISITORS, THEIR DUAL MISSION IS TO PRESERVE COLLECTIONS FOR FUTURE GENERATIONS. IN THIS EXHIBITION, WE'RE ASKING FOR HELP FROM OUR VIRTUAL GUESTS TO CHOOSE THEIR FAVORITE WORKS FROM STORAGE AND HELP US TELL STORIES ABOUT THEM. WE'LL SHOWCASE THE STORIES THEY SHARE, WHICH WILL IMPROVE THE WAY WE COMMUNICATE ABOUT ART TO THE COMMUNITY. THIS EXHIBITION IS MADE POSSIBLE THROUGH THE GENEROUS SUPPORT OF THE JOHN S. AND JAMES L. KNIGHT FOUNDATION, THE OHIO ARTS COUNCIL, THE JOHN P. MURPHY FOUNDATION, THE MARY AND DR. GEORGE L. DEMETROS CHARITABLE TRUST, AND THE KENNETH L. CALHOUN CHARITABLE TRUST, KEYBANK, TRUSTEE. CONTINUUM: HISTORICAL RESONANCES IN CONTEMPORARY ART CONTINUUM BRINGS FIVE CONTEMPORARY ARTISTS INTO THE MCDOWELL GALLERY TO ENCOURAGE VISITORS TO RECONSIDER OUR HISTORIC COLLECTIONS. WHILE THE GALLERY ESSENTIALLY RETAINS ITS CHARACTER, EACH PAIRING HOPES TO GROUND THE CONTEMPORARY WORKS IN OLDER TRADITIONS WHILE HIGHLIGHTING THE INNOVATIONS OF THE HISTORICAL WORKS. ALL ART WAS ONCE CONTEMPORARY. WHILE MANY VISITORS LAUD THE BEAUTY OF 19TH-CENTURY LANDSCAPES, HISTORICAL COLLECTIONS IN MUSEUMS LOSE MUCH OF THEIR ORIGINAL CONTEXT. FOR EXAMPLE, IN THEIR TIME GEORGE INNESS'S UNPOLISHED SURFACES WERE CUTTING EDGE. CONTINUUM HELPS REMIND VISITORS OF SOME OF THE INNOVATIONS OF PAST MASTERS. LIKEWISE, CONTEMPORARY ART IS NOT CREATED IN A VACUUM. ARTISTS WORKING TODAY DRAW ON PAST MASTERS IN BOTH SUBJECT MATTER AND TECHNIQUE. IN THE INSTALLATION, INNESS IS PAIRED WITH CLEVELAND ARTIST LORI KELLA, WHOSE USE OF MEDIA IS EQUALLY INNOVATIVE. KELLA DIGITALLY PHOTOGRAPHS HAND-CONSTRUCTED DIORAMAS, FOCUSING, LIKE INNESS, ON THE NATURAL WORLD. TAKEN TOGETHER, THE PAIR HIGHLIGHTS HOW ARTISTS BALANCE PICTORIAL REPRESENTATIONS OF NATURE WITH TECHNICAL EXPLORATION. THIS EXHIBITION IS SUPPORTED BY THE JOHN S. AND JAMES L. KNIGHT FOUNDATION, THE OHIO ARTS COUNCIL, MARY AND DR. GEORGE L. DEMETROS CHARITABLE TRUST, AND THE KENNETH L. CALHOUN CHARITABLE TRUST, KEYBANK, TRUSTEE. REFLECTIONS ON PERCEPTION THE EXHIBITION INVITES VIEWERS TO EXPLORE HOW ARTISTS USE A VARIETY OF SURFACES, FROM PLACID LAKES TO THE METAL AND GLASS OF THE BUILT ENVIRONMENT, TO MAKE DRAMATIC SCENES. JUST AS MAGICIANS FOOL THE EYE WITH MIRRORS, ARTISTS SOMETIMES USE REFLECTIVE SURFACES TO CREATE COMPLEX COMPOSITIONS. THIS EXHIBITION IS ORGANIZED BY THE AKRON ART MUSEUM AND SUPPORTED BY FUNDING FROM THE JOHN S. AND JAMES L. KNIGHT FOUNDATION, THE OHIO ARTS COUNCIL, MARY AND DR. GEORGE L. DEMETROS CHARITABLE TRUST, AND KATIE AND MARK SMUCKER. GOOD HOPE BY MUTI - THE CAPE TOWN, SOUTH AFRICA-BASED ILLUSTRATORS OF MUTI SHARE VIGNETTES FROM HOME IN THEIR INSTALLATION, GOOD HOPE, WHICH DERIVES FROM THE CAPE OF GOOD HOPE ON THE WESTERN EDGE OF SOUTH AFRICA, WHICH WAS AN IMPORTANT LANDMARK FOR SEAFARERS. MUTI DRAWS ON THE SPIRIT OF EXPLORATION WITH A SERIES OF PICTORIAL SNAPSHOTS OR POSTCARDS FROM THEIR HOMELAND, COMBINING EQUAL PARTS HUMOR, WONDER, AND VISUAL APPEAL. VIEWERS CAN EXPLORE A VARIETY OF TALES, INCLUDING A GHOST SHIP, CITY-DWELLING BABOONS, AND THE BEAUTY OF OCEAN CURRENTS. THIS EXHIBITION IS MADE POSSIBLE WITH SUPPORT FROM THE MARY S. AND DAVID C. CORBIN FOUNDATION, ALAN AND JANICE WOLL FAMILY FUND, PEG'S FOUNDATION, AND THE MARY AND DR. GEORGE L DEMETROS CHARITABLE TRUST. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE CHIEF FINANCIAL OFFICER REVIEWS THE FORM 990 FOR ACCURACY PRIOR TO FILING. THE FORM 990 IS ALSO SENT TO THE FINANCE COMMITTEE FOR REVIEW PRIOR TO FILING AND THE FINAL VERSION IS DISTRIBUTED TO ALL BOARD MEMBERS ONCE COMPLETED. A COPY OF THE FORM 990 IS AVAILABLE UPON REQUEST TO ANY INTERESTED PARTY. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON A. HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, B. HAS READ AND UNDERSTANDS THE POLICY, C. HAS AGREED TO COMPLY WITH THE POLICY, AND D. UNDERSTANDS THAT THE MUSEUM IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF TRUSTEES REVIEWS THE ANNUAL BUDGET WHICH INCLUDES COMPENSATION DETAILS FOR THE DIRECTOR/CEO AND MUSEUM STAFF. IN ADDITION, AN ANNUAL PERFORMANCE EVALUATION OF THE DIRECTOR/CEO IS CONDUCTED BY THE BOARD OF TRUSTEES LED BY THE BOARD PRESIDENT. THE DIRECTOR/CEO'S COMPENSATION IS CONTINGENT UPON THE COMPLETION OF THIS EVALUATION PROCESS. AN ANNUAL PERFORMANCE EVAULATION IS ALSO CONDUCTED FOR ALL OTHER EMPLOYEES AND IS CONSIDERED DURING THE ANNUAL WAGE INCREASE PROCESS. INCREASES ARE AWARDED ON A MERIT AND PERCENTAGE INCREASE BASIS. COMPARATIVE COMPENSATION DATA FROM THE AMERICAN ASSOCIATION OF MUSEUM DIRECTORS ANNUAL SALARY SURVEY IS ALSO USED TO EVALUATE STAFF PAY LEVELS FOR THOSE POSITIONS INCLUDED IN THE SURVEY. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | CHANGE IN BENEFICIAL INTEREST -969,569. |
| FORM 990, PART XI, LINE 2C | THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED IN THE CURRENT YEAR. |
| Software ID: | |
| Software Version: |