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Art Museum of Greater Lafayette Annual Report 2014-2015

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Art Museum of Greater Lafayette Annual Report 2014-2015 Art Museum of Greater Lafayette Annual Report 2014-2015 The Mission of the Art Museum of Greater Lafayette is to celebrate the power of art to inspire, challenge and instruct our community through collections, exhibitions and programs Cover Photo: “Bearly There” by artist Elizabeth Lincourt was sponsored by Sheila and Vic Klinker, Barb and Tom Reed, and Ken Knevel for permanent display at the Art Museum. 102 S. 10th Street • Lafayette, IN 47905 • www.artlafayette.org Off we go! “ArtPrize” Trip October 2014 50 Art Museum and Purdue Women’s Club travelers attended “ArtPrize” and Meijer Gardens in Grand Rapids. Howard Clark and Friends play at the opening reception for “Continuing the Sabrina Lastman and Jamie Newman perform in the McDonald Gallery with Thread: Americus Quilt Club Centennial exhibit. “Jazz Templates in Silhouette: Robert Peppers” exhibition. ANNUAL REPORT 2014-2015 | 1 Table of Contents 1 Director’s Annual Report 2014-2015 . 3 Art Museum Statement of Financial Position and Activities . 4 President’s Annual Report 2014-2015 . 5 Lafayette Art Assoc . Fdn ., Inc . Financial Position and Activities . 6 Lafayette Art Association Foundation, Inc . Report . 7 Art Museum Board of Directors, Committees and Staff . 8 Education Report . .11 ArtSmart: Indiana Report . .12 Art League’s Report . 14. Exhibitions Committee Annual Report . 20 Collections Committee Report . 26 Grants and Sponsors List . 28 Business Memberships . 30 Louis A . Weil Jr . Award for Volunteer Leadership . 31 The Presidential Award . 32. Membership . 37 2 | Art Museum of Greater Lafayette Executive Director’s Annual Report 2014/2015 Lions and Tigers and BEARS oh my! This was the year of the Lions and Tigers and BEARS oh my! public art project. Thanks to the leadership of Barb Reed and the Diamond event sponsorship by the Bob Rohrman Auto Group, the Art Museum brought 40 artist-created animals to downtown Lafayette and West Lafayette through the summer of 2015. The project planning began in 2013, with lead sponsorship from the Cities of Lafayette and West Kendall and Beatrice Smith Lafayette. In 2014, Bob Rohrman agreed to be the Diamond ($20,000) Sponsor and the Michael Richard Raisor Foundation became our Sapphire ($10,000) Sponsor. A combination of forty businesses, individuals, organizations and schools contributed sponsorships at the Platinum, Gold and Silver levels to make this project possible. 36 artists and artist groups, collaborated to create the wonderful creatures. Throughout the summer, community families and visitors filled the streets following the yellow brick road to see each lion, tiger and bear. We are thankful for the generosity of all participants and volunteers who made this a great success! The Zoo outdoor exhibition, featured 22 full-size zoo animals created by Detroit Artist and Grand Rapids ArtPrize finalist, Dale Teachout. The exhibit was professionally installed by our Museum Curator, Michael Crowthers. Displayed on the Fowler House lawn, next to the Art Museum, the exhibit ran from May to September. It drew crowds of visitors to the Art Museum. Over half of the animals were purchased, and the others were donated by the artist to the Columbian Park Zoo and Klondike Elementary School. After two years of work by both boards of directors, with the leadership of Sue Holder Price and Elizabeth Lockrey, a new 5-year Strategic Plan was adopted to guide the museum toward our goals. Our signature fund raising event, the Heart of Art wine dinner and auction, was a sellout for the sixth year in a row and held at the Lafayette Country Club. Thanks to the 230 attendees, a record net income of $58,000 was raised in support of the Art Museum programs. In celebration of their 50th year of service to the Art Museum, the Art League initiated their first endowment. Through membership contributions and a matching-gift campaign with the Greater Lafayette Community Foundation, they are nearing their goal of $50,000. We are thankful for their member’s hosting our events, providing art scholarships, purchasing work for the Permanent Collection and helping directly with financial support for our Educational Staff. After only two years, our new Second Century Club members reached a total of 84 individuals and 13 businesses who annually contribute $1,000 or more toward Art Museum membership. Second Century Club members have paved the way for our museum’s growth to continue to be one of the leading cultural organizations in the Greater Lafayette region. We are truly thankful for your generosity. Finally, I want to thank the Art Museum of Greater Lafayette Foundation board of directors for changing the IRS designation to a 509(a)(3) Type I Supporting Organization to the Art Museum and for adopting a policy to contribute 3-5% of the three-year trailing asset average to the Art Museum for operations. $47,529 was distributed to the Art Museum this year. Kendall Smith II The Anne Horwedel Executive Director ANNUAL REPORT 2014-2015 | 3 President’s Annual Report 2014/2015 What an exciting year it has been! Our community and both boards worked together to establish a comprehensive strategic plan to guide our Art Museum of Greater Lafayette through the next five years. This plan is now in the hands of our committees to accomplish the tactics that have been laid out for them. They are reporting to the Board on a quarterly basis on their progress. This could not have been accomplished without the hard work and dedication of co-chairs Sue Holder Price and Elizabeth Lockrey along with their committee and the efforts of the staff. Thank you to all involved. Many in our community came out to see our Lions and Tigers and BEARS oh my! along with The Zoo exhibit. This brought many new faces to our Museum and to our downtown. The joy reflected in the faces of the children as they interacted with the animals wa priceless. Recognition for its major impact in the city center area came from the Greater Lafayette Commerce with the Art Museum of Greater Lafayette’s selection as the recipient of the Digby Award. Dennis Carson states “It has brought hundreds of people downtown to experience a unique display of community driven art showcasing what a great, vibrant downtown we have in Lafayette-West Lafayette.” Thank you to Barb Reed and Kendall Smith along with the Special Events Committee, staff and other volunteers for their many hours committed to this project. Our ArtSmart: Indiana team has been working very hard on our upcoming Indiana Bicentennial celebration in 2016. They lead others in the State with their efforts in this arena. They have applied and received grants to install iPads and iPad enclosures in West Lafayette and Tippecanoe County Libraries with interactive educational activities and games for children of all ages. They have sent 7,000 letters and 6,000 bookmarks to fourth grade art teachers throughout our State. They are also partnering with the Children’s Museum of Indianapolis to present a special workshop and our Lafayette Symphony Orchestra to provide a concert featuring Indiana composers and lyricists with accompanying works of art projected on the screen during a concert. We will also showcase a Bicentennial Exhibition on The Golden Age of Indiana Art in our Weil Gallery sponsored by the Museum’s Art League. Our Art League is celebrating its 50th year in 2015 supporting our Art Museum. They provide our Museum with financial support, volunteers, and gifts of art. This year they have also established an endowment to benefit the Museum with a goal of $50,000. If you have not yet had an opportunity to donate, please contact our Art League. Our Second Century Club continues to grow and to make a strong impact for us. We traveled to Chicago this year for a private tour of the home and art collection of Robert Buford, a private client of Sotheby’s, and a behind the scenes tour of Christie’s. What an exciting trip it was! Thank you to Sharon Theobald and her staff as well as the hard work of our Development Committee for making this trip one to remember. Our Foundation has had a productive year also. I want to thank Prella McBride for working closely with our Museum Board this year. The pathway has been laid to have more involvement and individuals serving on committees from our Foundation Board. As I reflect on my two years serving as President, much has been accomplished. Thank you to our many volunteers, donors, and Board members for their countless hours of giving and saying yes when asked. I also want to say a very special thank you to our staff. They also give countless hours and do whatever is needed behind the scenes to bring the wonderful exhibitions, education, and our permanent collection to the community. They always find a way of making it happen seamlessly. Our Art Museum of Greater Lafayette is a true gem in our community and I am very proud to be a small part of it. Alberta Barker 4 | Art Museum of Greater Lafayette Art Museum of Greater Lafayette, Inc. Statement of Financial Position As of June 30, 2015 Assets Cash $ 169,412 Accounts and Pledges Receivable 84,967 Prepaid Expense 83 Investments 29,372 Cash Surrender Value of Life Insurance 2,009 Net Property and Equipment 333,561 Total Assets $ 619,404 Liabilities and Net Assets Accounts Payable 3,434 Deferred Revenue 66,317 Long-Term Debt - Total Liabilities 69,751 Net Assets 549,653 Total Liabilities and Net Assets $ 619,404 Art Museum of Greater Lafayette, Inc. Statement of Activities For the Year Ended June 30, 2015 Revenue and Support Memberships $ 91,121 Contributions 75,739 Grants 13,197 Programs 72,161 Sales 29,403 Fundraisers 237,718 Other 2,720 Investment Income (Net of Expenses) 71 Gain (Loss) on Disposal of Assets - Total Revenue and Support 522,130 Expenses Administration 345,966 Programs 30,860 Fundraising and Events 101,730 Total Expenses 478,556 Net Income 43,574 Grant Income 31,196 Grant Expense (28,305) Contribution to Art Foundation (51,861) Depreciation (40,593) ANNUAL REPORT 2014-2015 | 5 Art Museum of Greater Lafayette Foundation, Inc.
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