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Edmundson Art Foundation INC

Public charity
DBA: % BONNIE VALVERDE
Other · DES MOINES, IA · EIN 42-0680419

About

The DES moines art center engages diverse local, national, and international audiences with the art of today through its museum and school, adding to the cultural record through collections and programs. The DES moines art center believes in the power of art to inspire personal transformation. We commit to exhibit and explore thought provoking modern and contemporary art. We connect people and art by offering opportunities for feeling, imagining, dreaming and creating. We promote curiosity and embrace critical and empathetic thinking with a spirit of openness. We strive to be a welcoming and equitable cultural resource. This effort to ensure access to art for everyone has been a CORE tenet of the museum since its founding. Admission is always free for ALL.

In care of Bonnie Valverde

Donations are tax-deductible
Category
Other
Employees
138
Volunteers
392

Financial Snapshot

FY ending 2024-12-31
Revenue
$9.4M
Expenses
$12.4M
Assets
$175.7M
Liabilities
$3.3M

Financial history

$12.4M$6.2M$0
161718192021222324
RevenueExpenses
Latest FY2024: $9.4M · Peak FY2022: $11.5M · Avg: $8.5M
EDMUNDSON ART FOUNDATION INC
Your actions

Address

4700 Grand AVE
DES Moines, IA, 50312-200

Governance

Voting board members26
Independent members26
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %38.0%
Permanent endowment %32.0%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
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