Civic Intelligence

Horace Kelley Art Foundation

990 • Fiscal year 2015 • EIN 34-6001551

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 08, 2016

Organization ProfileN/A
4176 Daventry Roadcolumbus, OH 43220

(614) 746-3324

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

4th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

4th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

91st percentile

47%

Higher net margin than 91% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

62nd percentile

4.3%

Faster asset growth than 62% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

80th percentile

21%

Faster revenue growth than 80% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets4th percentile

Assets

Up

$11,251,473

Up $463,968 (+4.3%) from 2014

Net Assets

Up

$11,251,473

Up $463,968 (+4.3%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue And Expenses
Liabilities / Revenue4th percentileNet Margin91st percentile

Revenue

Up

$990,379

Up $169,910 (+21%) from 2014

Expenses

Down

$526,411

Down $190,184 (-27%) from 2014

Net Income

Up

$463,968

Up $360,094 (+347%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth62nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2010: $10,232,989Liabilities 2010: $0Net Assets 2010: $10,232,9892010Assets 2011: $9,982,024Liabilities 2011: $0Net Assets 2011: $9,982,0242011Assets 2012: $10,319,480Liabilities 2012: $0Net Assets 2012: $10,319,4802012Assets 2013: $10,683,631Liabilities 2013: $0Net Assets 2013: $10,683,6312013Assets 2014: $10,787,505Liabilities 2014: $0Net Assets 2014: $10,787,5052014Assets 2015: $11,251,473Liabilities 2015: $0Net Assets 2015: $11,251,4732015Assets 2016: $11,385,149Liabilities 2016: $0Net Assets 2016: $11,385,1492016Assets 2017: $11,186,750Liabilities 2017: $0Net Assets 2017: $11,186,7502017Assets 2018: $11,627,067Liabilities 2018: $0Net Assets 2018: $11,627,0672018Assets 2019: $12,023,936Liabilities 2019: $0Net Assets 2019: $12,023,9362019Assets 2020: $11,907,801Liabilities 2020: $0Net Assets 2020: $11,907,8012020Assets 2021: $11,896,508Liabilities 2021: $0Net Assets 2021: $11,896,5082021Assets 2022: $11,883,406Liabilities 2022: $0Net Assets 2022: $11,883,4062022Assets 2023: $11,947,520Liabilities 2023: $0Net Assets 2023: $11,947,5202023Assets 2024: $12,639,575Liabilities 2024: $0Net Assets 2024: $12,639,5752024

Highlighted filing

2015

Assets$11,251,473
Liabilities$0
Net Assets$11,251,473
Open 2015 Filing

Operations Trend

Revenue Growth80th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,007,2762010Expenses 2011: $513,8922011Expenses 2012: $647,8212012Revenue 2013: $1,081,404Expenses 2013: $717,253Net Income 2013: $364,1512013Revenue 2014: $820,469Expenses 2014: $716,595Net Income 2014: $103,8742014Revenue 2015: $990,379Expenses 2015: $526,411Net Income 2015: $463,9682015Revenue 2016: $674,197Expenses 2016: $540,521Net Income 2016: $133,6762016Revenue 2017: $516,329Expenses 2017: $714,728Net Income 2017: -$198,3992017Revenue 2018: $1,153,576Expenses 2018: $713,259Net Income 2018: $440,3172018Revenue 2019: $903,699Expenses 2019: $506,830Net Income 2019: $396,8692019Revenue 2020: $374,019Expenses 2020: $490,154Net Income 2020: -$116,1352020Revenue 2021: $443,407Expenses 2021: $454,700Net Income 2021: -$11,2932021Revenue 2022: $351,828Expenses 2022: $364,930Net Income 2022: -$13,1022022Revenue 2023: $431,349Expenses 2023: $367,235Net Income 2023: $64,1142023Revenue 2024: $1,057,355Expenses 2024: $365,300Net Income 2024: $692,0552024

Highlighted filing

2015

Revenue$990,379
Expenses$526,411
Net Income$463,968
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 8, 2016
Return Version
2015v2.1
Gross Receipts
$4,392,111
Mission and Program Overview

Mission

Charitable giving and support of the cleveland museum of art

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,031,349$10,111,211▲ $1,079,862
Savings and Temporary Cash Investments$1,756,156$1,140,262▼ $615,894
Total Assets$10,787,505$11,251,473▲ $463,968
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$10,787,505$11,251,473▲ $463,968
Total Net Assets Fund Balance$10,787,505$11,251,473▲ $463,968
Total Liabilities and Net Assets / Fund Balance$10,787,505$11,251,473▲ $463,968
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
Hayward K Kelley JrPresident
Curtin G Kelley MDSecretary/vice President
Alex TaylorTrustee
Don JackTrustee
Henry R Hatch IiiTrustee
Huntington S KelleyTrustee
Tony PhelanTrustee
H Kim Kelley IiiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$990,379
Other Revenue
$0
Change in Net Assets
$463,968
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$500,000
Other Expenses$26,411
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$500,000--$500,000
Travel-$16,140-$16,140
Fees for Services Accounting-$7,750-$7,750
Other Expenses-$150-$150
Total Functional Expenses$500,000$26,411$0$526,411
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Cleveland Museum of ArtCleveland, OH501(c)(3)General$500,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

“Family relationships. Hayward kelley, jr., hayward kelley iii, huntington kelley, and curtin kelley have a family relationship.”

Form 990, Part VI, Section B, line 11

“Form 990 review. Form 990 is reviewed by the board president and the independent accounting firm that prepares it.”

Form 990, Part VI, Section C, line 19

“Availibility of documents. The organization does not make its governing documents or financial statements available to the public. The foundation does not have a conflict policy as it does not engage in any business transactions, other than investment-related activities and granting money to its "supported organization", the cleveland museum of art.”

Filing and Contact Details

Filer

Filer Name
Horace Kelley Art Foundation
EIN
34-6001551
Phone
6147463324
Address
4176 DAVENTRY ROAD, columbus, OH 43220

Signing Officer

Name
Curtin G Kelley Md
Title
Secretary/vice President
Phone
6147463324
Signed
2016-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Curtin G Kelley Md
Formed
1899
Legal Domicile
Oh
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Maloney Novotny LLC
Address
1111 Superior Ave Suite 700, Cleveland, OH 44114-2540
Preparer
David O Reyes
Phone
2163630100
Raw XML Appendix383 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0CHARITABLE GIVING AND SUPPORT OF THE CLEVELAND MUSEUM OF ART
IRS990/AddressChangeInd0X
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MERRILL LYNCH
IRS990/BooksInCareOfDetail/PhoneNum08009338395
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0555 METRO PLACE NORTH STE 500
IRS990/BooksInCareOfDetail/USAddress/CityNm0DUBLIN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd043017
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt0500000
IRS990/CYInvestmentIncomeAmt0990379
IRS990/CYOtherExpensesAmt026411
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0463968
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0526411
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0990379
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0GRANTS MADE TO SUPPORT THE EDUCATIONAL PURPOSES OF THE CLEVELAND MUSEUM OF ART
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0500000
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07750
IRS990/FeesForServicesAccountingGrp/TotalAmt07750
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0HAYWARD K KELLEY JR
IRS990/Form990PartVIISectionAGrp/PersonNm1H KIM KELLEY III
IRS990/Form990PartVIISectionAGrp/PersonNm2HENRY R HATCH III
IRS990/Form990PartVIISectionAGrp/PersonNm3HUNTINGTON S KELLEY
IRS990/Form990PartVIISectionAGrp/PersonNm4Curtin G Kelley MD
IRS990/Form990PartVIISectionAGrp/PersonNm5DON JACK
IRS990/Form990PartVIISectionAGrp/PersonNm6TONY PHELAN
IRS990/Form990PartVIISectionAGrp/PersonNm7ALEX TAYLOR
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY/VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01899
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0652909
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantAmt0500000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0500000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0500000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt04054641
IRS990/GrossReceiptsAmt04392111
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0337470
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0337470
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt09031349
IRS990/InvestmentsPubTradedSecGrp/EOYAmt010111211
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt03401732
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0CHARITABLE GIVING AND SUPPORT OF THE CLEVELAND MUSEUM OF ART
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt010787505
IRS990/NetAssetsOrFundBalancesEOYAmt011251473
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0652909
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0652909
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0FOREIGN TAXES PAID
IRS990/OtherExpensesGrp/Desc1MISC EXPENSES
IRS990/OtherExpensesGrp/Desc2INVESTMENT FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02058
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1313
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2150
IRS990/OtherExpensesGrp/TotalAmt02058
IRS990/OtherExpensesGrp/TotalAmt1313
IRS990/OtherExpensesGrp/TotalAmt2150
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CURTIN G KELLEY MD
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0700000
IRS990/PYInvestmentIncomeAmt0820469
IRS990/PYOtherExpensesAmt016595
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0103874
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0716595
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0820469
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0463968
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01756156
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01140262
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ARTICLES OF INCORPORATION AND OTHER GOVERNING DOCUMENTS LIMIT THE FOUNDATION'S PURPOSE TO THAT OF ASSISTING THE CLEVELAND MUSEUM OF ART IN CARRYING OUT ITS EXEMPT EDUCATIONAL PURPOSES. THE FOUNDATION IS NOT PERMITTED TO ENGAGE IN OTHER ACTIVITIES. THE MUSEUM HAS THE POWER TO APPOINT AT LEAST ONE MEMBER OF THE BOARD OF THE FOUNDATION, AND THE APPOINTED BOARD MEMBER(S) ARE RESPONSIBLE FOR ENSURING THAT THE FOUNDATION IS ACTING IN THE MUSEUM'S BEST INTEREST IN ALL MATTERS INCLUDING THE USE OF PRUDENT INVESTMENT STRATEGIES. SUBSTANTIALLY ALL OF THE FOUNDATION'S EXPENDITURES ARE IN THE FORM OF GRANTS TO THE MUSEUM.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE FOUNDATION DIRECTLY FURTHERS THE EXEMPT PURPOSES OF THE CLEVELAND MUSEUM OF ART BY PROVIDING FUNDS THAT THE MUSEUM WOULD OTHERWISE HAVE TO RAISE ON ITS OWN. BY PERMITTING THE MUSEUM TO ENGAGE IN LESS FUNDRAISING ACTIVITIES, THE FOUNDATION IS ALLOWING THE MUSEUM TO DEVOTE MORE TIME TO ITS EXEMPT EDUCATIONAL PURPOSES. FURTHER, THE MUSEUM COUNTS ON THE FOUNDATION'S FISCAL SUPPORT AS BEING CRITICAL TO ITS BUDGET. THE FOUNDATION'S ONLY ACTIVITIES ARE THOSE THAT SUPPORT THE MUSEUM.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2AS MENTIONED IN THE PREVIOUS NARRATIVE, THE CLEVELAND MUSEUM OF ART WOULD HAVE TO ENGAGE IN ADDITIONAL FUNDRAISING ACTIVITIES IF THE FOUNDATION'S ANNUAL DONATIONS WERE NOT MADE. THE FOUNDATION'S FINANCIAL SUPPORT IS CRITICAL TO THE MUSEUM'S BUDGET. ARGUABLY THE MUSEUM WOULD HAVE TO REDUCE ITS ACTIVITIES IF IT COULD NOT REPLACE THE FUNDS ANNUALLY PROVIDED BY THE FOUNDATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION D, LINE 3
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Section IV, Section E, Line 2A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART IV, SECTION E, LINE 2B
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0340714336
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0500000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0CLEVE MUSEUM OF ART
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt0500000
IRS990/ScheduleBRequiredInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0500000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CLEVELAND MUSEUM OF ART
IRS990ScheduleI/RecipientTable/RecipientEIN0340714336
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt011150 EAST BLVD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CLEVELAND
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0OH
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd044106
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0MONITORING THE USE OF GRANT FUNDS. BECAUSE OF ITS "SUPPORTING ORGANIZATION" STATUS, THE FOUNDATION MAINTAINS A CLOSE WORKING RELATIONSHIP WITH THE CLEVELAND MUSEUM OF ART. THE MUSEUM IS THE ONLY GRANTEE TO WHICH THE FOUNDATION CONTRIBUTES. THE FOUNDATION'S GRANTS ARE FOR UNRESTRICTED OPERATING SUPPORT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FAMILY RELATIONSHIPS. HAYWARD KELLEY, JR., HAYWARD KELLEY III, HUNTINGTON KELLEY, AND CURTIN KELLEY HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 REVIEW. FORM 990 IS REVIEWED BY THE BOARD PRESIDENT AND THE INDEPENDENT ACCOUNTING FIRM THAT PREPARES IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILIBILITY OF DOCUMENTS. THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THE FOUNDATION DOES NOT HAVE A CONFLICT POLICY AS IT DOES NOT ENGAGE IN ANY BUSINESS TRANSACTIONS, OTHER THAN INVESTMENT-RELATED ACTIVITIES AND GRANTING MONEY TO ITS "SUPPORTED ORGANIZATION", THE CLEVELAND MUSEUM OF ART.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CLEVELAND MUSEUM OF ART
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0340714336
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ART MUSEUM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt011150 EAST BLVD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CLEVELAND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd044106
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt010787505
IRS990/TotalAssetsEOYAmt011251473
IRS990/TotalAssetsGrp/BOYAmt010787505
IRS990/TotalAssetsGrp/EOYAmt011251473
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt026411
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0500000
IRS990/TotalFunctionalExpensesGrp/TotalAmt0526411
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt010787505
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt011251473
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0500000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0990379
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0990379
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt010787505
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt011251473
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt016140
IRS990/TravelGrp/TotalAmt016140
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt010787505
IRS990/UnrestrictedNetAssetsGrp/EOYAmt011251473
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04176 daventry road
IRS990/USAddress/CityNm0columbus
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd043220
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CURTIN G KELLEY MD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY/VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06147463324
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HORACE KELLEY ART FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0HORA
ReturnHeader/Filer/EIN0346001551
ReturnHeader/Filer/PhoneNum06147463324
ReturnHeader/Filer/USAddress/AddressLine1Txt04176 DAVENTRY ROAD
ReturnHeader/Filer/USAddress/CityNm0columbus
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd043220
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0340677006
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Maloney Novotny LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01111 Superior Ave Suite 700
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Cleveland
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0441142540
ReturnHeader/PreparerPersonGrp/PhoneNum02163630100
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0David O Reyes
ReturnHeader/ReturnTs02016-11-14T13:48:19-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,251,473
Liabilities
$0
Net assets
$11,251,473
Revenue
$990,379
Expenses
$526,411
Net income
$463,968
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$12.6$0.00$12.6$1.06$0.37$0.69
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.9$0.00$11.9$0.43$0.37$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.9$0.00$11.9$0.35$0.36$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.9$0.00$11.9$0.44$0.45$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.9$0.00$11.9$0.37$0.49$0.12
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.0$0.00$12.0$0.90$0.51$0.40
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.6$0.00$11.6$1.15$0.71$0.44
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.2$0.00$11.2$0.52$0.71$0.20
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.4$0.00$11.4$0.67$0.54$0.13
2015Detailed filing. Detailed filing data is available for this year.$11.3$0.00$11.3$0.99$0.53$0.46
2014Detailed filing. Detailed filing data is available for this year.$10.8$0.00$10.8$0.82$0.72$0.10
2013Detailed filing. Detailed filing data is available for this year.$10.7$0.00$10.7$1.08$0.72$0.36
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.3$0.00$10.3$0.65
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.98$0.00$9.98$0.51
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.2$0.00$10.2$1.01