American Museum Of Western Art-The Anschutz Collection is located in Denver, CO. The organization was established in 2010. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Museum Of Western Art-The Anschutz Collection is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 11/2023, American Museum Of Western Art-The Anschutz Collection generated $951.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (31.4%) each year. All expenses for the organization totaled $1.3m during the year ending 11/2023. As we would expect to see with falling revenues, expenses have declined by (25.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF AMERICAN WESTERN ART MUSEUM
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Philip F Anschutz Chairman Emeritus | 0 | $0 | |
| Sarah S Anschutz Chair Of The Board, President | 0 | $0 | |
| Ted E Harms Secretary | 0 | $0 | |
| Afsoon Kelly Treasurer | 0 | $0 | |
| David W Ryan Vice President | 0 | $0 | |
| Claire Mosier Registrar | 0 | $0 | 
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $859,000 | 
| Interest on Savings | $0 | 
| Dividends & Interest | $0 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | $0 | 
| Capital Gain Net Income | $0 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $92,693 | 
| Other Income | $0 | 
| Total Revenue | $951,693 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $0 | 
| Interest | $2 | 
| Taxes | $0 | 
| Depreciation | $258,399 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $686 | 
| Printing and publications | $8,614 | 
| Other expenses | $983,830 | 
| Total operating and administrative expenses | $1,255,970 | 
| Contributions, gifts, grants paid | $0 | 
| Total expenses and disbursements | $1,255,970 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $385,721 | 
| Savings and temporary cash investments | $0 | 
| Net Accounts receivable | $42 | 
| Net Pledges Receivable | $0 | 
| Grants receivable | $0 | 
| Receivables from Officers, Directors, or Controlling Persons | $0 | 
| Net other notes and loans receivable | $0 | 
| Inventories for sale or use | $134,668 | 
| Prepaid expenses and deferred charges | $0 | 
| Net Investments - land, buildings, equipment | $0 | 
| Investments—mortgage loans | $0 | 
| Investments—other | $0 | 
| Net Land, buildings, and equipment | $2,679,833 | 
| Other assets | $0 | 
| Total assets | $3,200,264 | 
| Accounts payable and accrued expenses | $22,470 | 
| Grants payable | $0 | 
| Deferred revenue | $0 | 
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 | 
| Mortgages and other notes payable | $0 | 
| Other liabilities | $0 | 
| Total liabilities | $22,470 |