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Edmundson Art Foundation Inc

Des Moines Art Center

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 420680419 ✦ Des moines, IA ✦ Designated as a 501(c)(3)

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Overview

What is Edmundson Art Foundation Inc?

Edmundson Art Foundation Inc, operating as the Des Moines Art Center, is a nonprofit institution headquartered in Des Moines, Iowa. With a staff of 136 individuals, the center offers transformative art experiences through its collections, exhibitions, and educational programming. In 2022, visitors were treated to insightful exhibitions that encouraged dialogue. Interaction opportunities with artists, postcard and online gallery sharing, and educational events such as lectures and panels were abundant. Visitors could also take home prints and guides as mementos. The center's mission continues to evolve, providing on-going opportunities for artistic exploration and growth.


Official website here: www.desmoinesartcenter.org

What are the reviews and ratings of this charity?

The Edmundson Art Foundation Inc boasts a flawless 100% rating from Charity Navigator, earning it a distinguished Four-Star out of Four Stars status. This high score is attributed to their impeccable Accountability & Finance ratings, reflecting top-notch financial management and organizational transparency. The charity's consistent top scores highlight a robust framework for ethical governance, including a 100% independent board and comprehensive policies for conflict of interest and whistleblower protection.

The fiscal responsibility of the foundation is notable, with a Program Expense Ratio of 74.52% and a negligible liabilities-to-assets ratio, evidencing efficient resource allocation and stable financial standing. The meticulousness of their financial oversight is further underscored by the perfect scores awarded for having an active Audit and Oversight Committee and the absence of any material diversion of assets.

Despite the impressive financial credentials, Charity Navigator notes that Edmundson Art Foundation hasn't been scored yet on newer criteria such as Leadership & Adaptability, Culture & Community, or Impact & Measurement. These gaps suggest that, while financially sound, more insight into their adaptive strategies and cultural contributions could enrich understanding of their broader societal impact. There are no user reviews from GreatNonprofits to provide additional perspectives on their programs or community engagement.


This AI summary has been generated from information found on Charity Navigator.

Is Edmundson Art Foundation Inc legitimate?

Edmundson Art Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edmundson Art Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $536,526
Professional Fundraising Fees: $36,000
Other Salaries and Wages: $2,994,961

For more financial information, click here


Official website here: www.desmoinesartcenter.org

What is the mission statement of Edmundson Art Foundation Inc?

The Edmundson Art Foundation Inc, through its collections, exhibitions, and educational programming, offers transformative art experiences. By providing such opportunities, the organization aims to stimulate new perspectives on art and foster dialogue among visitors. Interactions with visiting artists, attendance at lectures and panels, and engagement with online galleries and printable memorabilia are among the ways the Art Center enables visitors to engage deeply with art. For further details, refer to the schedule provided.


Official website here: www.desmoinesartcenter.org

Who is the CEO of Edmundson Art Foundation Inc?

Bonnie Valverde is the Executive Director of Edmundson Art Foundation Inc.


Official website here: www.desmoinesartcenter.org

What is the revenue of Edmundson Art Foundation Inc?

Edmundson Art Foundation Inc's revenue in 2022 was $11,467,360.


Official website here: www.desmoinesartcenter.org

Who are the executives of Edmundson Art Foundation Inc and what are their salaries?

The average compensation at Edmundson Art Foundation Inc during 2022 was $25,967. There are 136 employees and 27 volunteers at Edmundson Art Foundation Inc.


Here are 30 key members and their salaries:


Jeff Fleming (Executive Director)
  • Compensation: $308,606
  • Related: $0
  • Other: $54,086
Bonnie Valverde (Senior Dir Of Finance & Ops)
  • Compensation: $146,902
  • Related: $0
  • Other: $26,932
Tiffany Nagel Spinner (Senior Dir Of Development)
  • Compensation: $107,627
  • Related: $0
  • Other: $25,202
Richard Deming (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Mcfarland (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Anderson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Abel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Hughes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Keough (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darren Jirsa (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawn Martinez Oropeza (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Hubbell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Graham Cook (Chairperson And Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Gross (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Chungath (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Mandelbaum (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Hightshoe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Krause (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liz Adelman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Chapman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Cownie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Simonson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Bass-Bookey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Montz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Ballinger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosemary Parson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Simmons (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Koehn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virgina Lauridsen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Reames (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.desmoinesartcenter.org

Where can I find the form 990 for Edmundson Art Foundation Inc?

Edmundson Art Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.desmoinesartcenter.org

Learn more at the official website: www.desmoinesartcenter.org

Mission Statement of Edmundson Art Foundation Inc

Edmundson Art Foundation Inc, through its collections, exhibitions, and educational programming, offers transformative art experiences to visitors. The organization provides opportunities for individuals to engage with art, interact with artists, and share their thoughts and memories through various mediums. The Des Moines Art Center's exhibitions in 2022 encouraged visitors to explore new perspectives on art and fostered meaningful dialogues. Visitors could attend lectures and panels with artists involved in major exhibitions, take prints and gallery guides home as souvenirs, and share their experiences online. By offering these opportunities, Edmundson Art Foundation Inc aims to enrich the lives of its patrons through the transformative power of art.

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Impact




July, 2024

The Edmundson Art Foundation Inc, through its collections, exhibitions, and educational programming, provides opportunities for transformational art experiences. The Art Center's exhibitions in 2022 offered visitors new perspectives on art and facilitated meaningful dialogue. Visitors had various opportunities to engage with visiting artists, share memories through postcards and online galleries, attend lectures and panels with artists involved in major exhibitions, and take prints and gallery guides home to remember the impact of their visit.




This information is meant to be a general summary of Edmundson Art Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$11,467,360 (2022)
Expenses
$8,599,153 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,486,362
  • Program Service Revenue: $364,301
  • Gross Receipts: $11,834,049

Assets and Liabilities:

  • Total Assets: $144,679,900
  • Total Liabilities: $1,330,308
  • Net Assets: $143,349,592

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

STUDIO PROGRAMS

Revenue

$341,559

SALES OF COMMISSIONED PRINTS

Revenue

$14,408

REPRODUCTION & LOAN FEES

Revenue

$7,659

SALES OF EXHIBITION CATALOGS

Revenue

$675

_

Organization Details

Founding Year

1946

Principal Officer

Bonnie Valverde

Main Address

4700 GRAND AVENUE, DES MOINES, IA, 50312

NTEE Category

Code: A510 - Arts

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