+ Report from the Chairman and the Interim Executive Director
FRANK LLOYD WRIGHT’S ONLY SKYSCRAPER
at 2006 in Price Tower Arts Center’s history, it will be the milestones achieved that we remember. Let us pause and reflect on the year’s highlights, starting with the 50th anniversary of the opening of Price Tower in 1956 and continuing through a number of firsts, including Prairie Skyscraper, the Arts Center’s first national touring exhibition. We will also remember the significant contribution of former Executive Director and CEO, Richard P. Townsend. During Richard’s five-year tenure, the Arts Center was transformed from a community-based art museum into one with national, even international scope.
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Milestones a look back at 2006 From top, clockwise:
Karim Rashid, photo by Ilan Rubin; Prairie Skyscraper: Frank Lloyd Wright’s Price Tower on tour at the National Building Museum, Washington DC; Donna Onley, Adam Tidball, Janelle Jones, Bill Veitenheimer and Jill Quintanna, all of Target Corporation with Karim Rashid on May 5, 2006 for the annual Gala, photo by Marc Rains.
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In January, with great pride, we packed and shipped Prairie Skyscraper to begin its national tour. This marked the first time an exhibition organized by Price Tower Arts Center had traveled to another venue. Prairie Skyscraper, which was organized in cooperation with The Frank Lloyd Wright Foundation, made its first stop in Connecticut at Yale University – where the Zaha Hadid-designed modules were on display February through May at the Yale University Art + Architecture gallery. Yale’s department of architecture had collaborated with Hadid’s office on the design of these modules, on which the Price Tower furniture and artifacts were displayed. From there, it sailed to the National Building Museum in Washington D.C., before coming home to Bartlesville in September. More than 20,000 visitors attended the show in Washington. In January, 2007, Prairie Skyscraper moved on to Chicago, where it was the featured exhibition of the season for the Chicago Architecture Foundation. From this experience with our first touring show, we learned quite a bit. We learned the value of collaboration. It was also fascinating to see how Wright’s objects designed for the Price Tower looked in different settings. As an outcome of this tour, Price Tower Arts Center gained national recognition for the Price Tower as a destination and for the Arts Center as an institution. Pink, White and Rashid All Over
One aspect of the Arts Center’s mission is to explore the interrelationship of design with art and architecture. The exhibition, Karim Rashid, did just that, and in the process, took full possession of the museum’s gallery spaces. Curated by the Arts Center’s own Scott Perkins, the show marked the first retrospective in the United States of the work of famed industrial designer Karim Rashid. Scott tells us that Karim Rashid, like Frank Lloyd Wright, built his design philosophy around the ideas of organic design, albeit a technological version. Karim’s creation Blobjectory, a twenty-five foot “blobject,” was commissioned for Price Tower Arts Center and now floats gracefully over the North gallery. While in Bartlesville, Karim gave a fascinating lecture,
in which he told us to, “design ourselves,” to live with less and to value time more than possessions. He was the guest of honor at a fabulous party in support of Price Tower Arts Center – Pink, White and Rashid All Over. Fiftieth Anniversary Celebration
To mark the fiftieth anniversary of the opening of Price Tower, the Arts Center undertook restoration of the 17th, 18th and 19th floors of the H.C. Price Company interiors to their 1956 appearance. This feat was the culmination of several years’ work, starting with repair work completed by Phillips Petroleum prior to donating the building in 2001. Scholarly research conducted by John Womack, former curators Kara Hurst and Monica Ramirez -Montagut, Prairie Skyscraper essayists Anthony Alofsin, Hillary Ballon, Pat Kirkham and Joseph Siry, and Curator Scott Perkins informed our decisions regarding the restoration. Many hours were spent examining photographs, interviewing former Price Company employees and Price family members, and pouring over the Schumacher samples book in order to come to conclusions about colors, patterns, furniture placement and all the myriad details that made up Wright’s design for the spaces. We are delighted by the quality of the work of the conservationists, artisans and craftsman who executed the restoration, including Carmen Bria, who restored Wright’s The Blue Moon mural, wood conservator Pamela Kirschner, Steve Harder and his team of carpenters, and Eva Riter, Cliff Morgan, and Mac and Cleo Gibson for the soft furnishings. Kevin Shortridge of F. Schumacher & Co., Pamela Hawkes of AnnBehaArchitects, and Cecil Magana and Calvin Mason of Bluestem Foundry provided additional information and guidance. Of course the project would have been impossible without considerable financial support from our donors. Those donors to the restoration are recognized on page 20 and on a plaque installed on the 17th floor.
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| Report from the Chairman and the Interim Executive Director |
Prairie Skyscraper on Tour
The Architecture Study Center
With Frank Lloyd Wright’s famous skyscraper as its most significant building, Bartlesville has been described as a community blessed with a rich architectural heritage, its citizens looking to the leading architects of their period to design their structures. It has always been the dream of our founders that the Price Tower would be a place where architecture is studied and celebrated. This year, that dream has become a reality. With capital funding provided by the Henry Luce Foundation of New York, the Architecture Study Center was installed on the mezzanine level of the Price Tower. The library space, designed by Ambler Architects of Bartlesville, provides access for these citizens to the Arts Center’s collection of more than five hundred architectural drawings. Almost immediately, we were approached by generous individuals who wished to add to this collection. Price Tower Arts Center is now the second largest repository of Bruce Goff material, including some brilliant architectural drawings of local structures. In addition to its role as a research tool, the Architecture Study Center will serve as the pivot around which is built a robust group of programs related to architecture. These will include lectures by noted architecture scholars, graduate residencies and student internships. The Study Center will become a place in the heartland of America to learn about American architecture, in a building designed by America’s most famous architect.
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With so many milestones behind us, one might wonder, what lies next? While we have invested considerable resources and energy into our programs, there are many areas of our mission in which we can improve. As we discovered during our strategic planning session, we are a learning institution. We will always embrace our chosen niche, which is to explore the blurring of the boundaries between art, architecture and design. But the preservation of the Price Tower still remains our number one priority, and the building never rests. We will need your participation to keep this icon bright and shiny for generations yet to come.
Laura Riley Interim Executive Director
CJ “Pete” Silas Chairman
© Mark Rains
© Mark Rains
| Report from the Chairman and the Interim Executive Director |
From top, clockwise: Opening of the Architecture Study Center; Karim Rashid speaks with Arts Center visitors at his book signing on May 6, 2006; Attendees in the Bartlesville Community Center auditorium for Karim Rashid’s lecture “Design Yourself” on May 6, 2006.
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Retrospective Richard Townsend Retrospective
Price Tower Arts Center, as encountered by Richard P. Townsend upon his arrival in the fall of 2001, was a much different place than it is today. The organization was deep in the throes of a capital campaign and the rehabilitation of the Price Tower was already underway. Richard was tasked with professionalizing the staff, establishing professional museum standards and procedures, and launching a for-profit subsidiary company. Each one of these tasks individually might have daunted a lesser man. Happily for us, Richard rose to the occasion, walked into the construction zone and conquered the tasks one at a time. “Richard’s vision for what we could become was bigger than our own,” recalls trustee Patricia Romines. “He always pushed us beyond our established boundaries.” Buoyed by the success of Phase I of the capital campaign, the trustees were encouraged to dream of a museum expansion. With Richard leading the way, they searched for an architect who could stand next to Wright without flinching. Zaha Hadid was selected to design a museum dedicated to art, architecture and design that would complement and not compete with Wright’s skyscraper. In 2003, the design was completed and the model unveiled to the public at Artists Space in New York. Hadid was an inspired choice. She was awarded the
From left to right:
Former Executive Director and CEO Richard P. Townsend, 2003, photo by Steven Holman; Richard shows an inquisitive child how to build with Lincoln Logs at Family Day, 2005; Richard shares the 1956 restoration with Jo Anne Lewis and Carolyn Price, 2006. Top photo by Marc Rains.
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Pritzker prize for architecture in 2004. While the plans for the new building were put on hold pending a second capital campaign, the design itself made a significant contribution to the world of architecture, raising the profile of Price Tower Arts Center to an international level.
the work was greater than first expected, he went to the donors and was successful in raising the necessary funds. Wright Restored opened to rave reviews in October of 2006.
Under the tenure of Richard Townsend, Price Tower Arts Center has implemented a stellar marketing program, has acquired almost 4,000 objects One indicator of the Arts Center’s growing including a large outdoor sculpture by Robert professionalism has been publication. Richard Indiana and an indoor installation by Karim Rashid, Townsend assembled a group of scholars to write and has collaborated on projects with highly essays for inclusion in a catalog about the Price respected partners such as Yale University, the Tower. Rizzoli International Publications agreed to National Building Museum and the University of publish the Arts Center’s first full catalogue on Price Tower with Anthony Alofsin, Professor of Architecture Oklahoma. at the University of Texas, as a contributor and editor. Prairie Skyscraper: Frank Lloyd Wright’s Price For all of this, Richard, we thank you. — Price Tower Arts Center Tower, is the definitive scholarly work about the Price Tower. With its publication in 2005, Townsend helped anchor the scholarly reputation of Price Tower Arts Center within the museum community. Now that the groundwork was laid and the research completed, Townsend pushed for the complete restoration of the H.C. Price Company historic interiors of floors 17-19. When it became clear that
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+ 2006 Exhibitions
Remembering Bruce Goff’s Shin’en Kan
January 27 to April 16, 2006 Commemorating the tenth anniversary of the fire that destroyed Bruce Goff’s unique residence for Joe and Etsuko Price, this exhibition showcased original drawings, sketches, decorative artwork, paintings and correspondence relating to the Shin’en Kan project – from its origins as a bachelor studio for Joe Price to a large family-size dwelling that served as a backdrop for the Price’s collection of Japanese artwork. An assemblage of materials – glass, anthracite, feathers, cellophane and even dime-store ash trays – Shin’en Kan’s crystalline forms evoked the futuristic possibilities of architecture. While this masterpiece of Goff’s Bartlesville-area work is long gone, it has never lost its ability to inspire others. Karim Rashid
April 28 to September 17, 2006 The first solo exhibition in the United States of one of the most influential designers of the late twentiethcentury, Karim Rashid featured eighty-five objects in a variety of media designed for manufacturers the world over. Wallcovering, dinnerware, seating, writing tools, toys, footware, trashcans and lighting – all products of Rashid’s “technorganic” philosophy of digitally-produced design -- were displayed en masse and solidified his place as the “Poet of Plastic.” The centerpiece of the exhibition, Blobjectory, a twenty-five foot sculpture commissioned by the Arts Center, illustrates his concept of “form follows fluid” as a marriage of organic and pure geometry, of technology and materials. 8
Wright Restored: Frank Lloyd Wright’s Price Tower Interiors
October 13 to December 31, 2006 Returning the Price Tower’s upper three floors to their 1956 appearance, Wright Restored not only reintroduced the Price Company’s corporate apartment and the penthouse executive office suite to Arts Center visitors, it offered insight into the research methods and materials used by the curatorial team, conservators and craftspeople to complete the work. Original furnishings, reupholstered with replicated textiles, were returned to the spaces and built-in pieces removed over the years were remade, in many cases using only photographs for reference. A breath-taking vision of Wright’s intended interior scheme completed, visitors will continue to make the trip up to 1956 after the close of the exhibition.
| 2006 exhibitions |
From left: Remembering Bruce Goff’s
Shin’en Kan, photo by Jennifer Cordero; Karim Rashid’s Step Carpet, 2005; Karim Rashid next to Blobjectory, 2006, photo by Marc Rains; H.C. Price Company corporate apartment, 2006 © Don Wheeler, 2006; H.C. Price Company corporate apartment, 1956, photo by Joe Price, collection of PTAC.
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+ 2006 select acquisitions
Collection update
During the past year, the Arts Center received an extraordinarily large number of items donated to its permanent collection by generous individuals. Many of the manufacturers that lent objects for the Karim Rashid exhibition donated their Rashiddesigned products. Seventeen separate gifts of fiftyseven objects were accessioned into the collection as a result of that exhibition. Dennis Oppenheim has continued his generous collaboration with the Arts Center in his gift of five preparatory prints for projects he executed in the early 1980s. New to Price Tower Arts Center this year is the formation of an archive to make available the many ephemeral materials that have been compiled throughout the Arts Center’s existence. The celebrations of the Price Tower’s 50th anniversary served as a catalyst for former H.C. Price Company employees and other former tenants to donate materials to this archive. Important collections of Price Company materials came from former employees Bill Creel and Jim Henley. Thomas R. Schiff (born 1947)
Panoramic view of Price Tower galleries Photographic print 2005 40 x 15 inches Gift of Thomas R. Schiff, 2006.01
Frank Lloyd Wright, designer; American Luxfer Prism Company (1896-1939), manufacturer
Window panel of Luxfer Prism glass panels 56 x 49 inches , Glass and zinc caming Gift of Bonnie and Gaines Williamson, 2006.20 R. Hoffman (Robert Huff, born 1924-1999)
Frank Lloyd Wright Edition 1/150 Bronze and petrified wood 15-1/2 x 9-1/2 x 11 inches Given in honor of A. Blaine Imel by his daughters Barb, Deb, and Cindy, 2006.21 Bruce Goff (1904-1982), designer
Rug, wallpaper sample and drapery fabric sample from the Howard Jones House, Bartlesville, Oklahoma, 1958 Gift of Rosalee and David Taylor, 2006.22.1-.3 Dennis Oppenheim (born 1938)
Five Preparatory Drawings for Projects Dating 1980-1984 Tinted blueprint on cloth mounted on museum board Gift of Dennis Oppenheim, 2006.24.1-.5
Philip Michael Wolfson (born 1958)
Origami Mirror 2006 Edition 2/50 Painted aluminum and mirror 42 x 52 x 10-1/2 inches Museum purchase with funds provided by Martha Burger and Don Rowlett, Mr. and Mrs. Joel Romines, Mr. and Mrs. Thomas Morris and Mr. and Mrs. C.J. Silas, 2006.05 From top, clockwise: Karim
Rashid and Nienkämper, Wavelength Sofa, 2000 (PTAC 2006.11.1), Philip Michael Wolfson, Origami Mirror, 2006 (PTAC 2006.05), Karim Rashid and Nienkämper, Kurv Chair, 2002 (PTAC 2006.11.3)
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Swish glassware Red Wine, White Wine, Flute, and Highball, 2004 Glass Gift of Arnolfo di Cambrio, 2006.16.1-.4 Karim Rashid (born 1960), designer; Danese, Italy, manufacturer
Stak dinnerware (white and black), 2 plates, 2 bowls, 2 saucers and 2 cups, 2003 Ceramic 8 x 10 x 10 inches Gift of Danese 2006.18.1-.2 Karim Rashid (born 1960), designer; Insight Group, Inc., manufacturer
Russel Wright, (1904-1976) designer; Steubenville Pottery, Ohio, manufacturer
“American Modern” Line dinnerware in “Coral” 8 dinner plates, 8 bread plates, 8 cups, 8 saucers, open vegetable dish, salad bowl, platter, cream pitcher, sugar bowl w/lid, and salt and pepper shakers, c.1939 – 1959 Earthenware Gift of Donald Emmite , 2006.27.1-.39 Karim Rashid (born 1960), designer; Nienkämper, Canada, manufacturer
Wavelength Sofa, 2000 Cast aluminum, leather 30-3/4 x 71 x 31 inches Gift of Nienkämper, 2006.11.1 Karim Rashid (born 1960), designer; Nienkämper, Canada, manufacturer
Blobjectory, 2006 High-density foam and metal 48 x 300 x 36 Gift of Karim Rashid, Inc., 2006.23 Karim Rashid (born 1960), designer
Four Blobjectory renderings, 2006 Computer-generated rendering Gift of Karim Rashid, Inc., 2006.25.01-.04 Karim Rashid (born 1960), designer
Six Kit 24 renderings, 2006 Computer-generated rendering Gift of Karim Rashid, Inc. , 2006.25.05-.10 Karim Rashid (born 1960), designer; Label, Netherlands, manufacturer
Kite chair, 2005 Rotomolded polyethylene 35 x 33 x 33 inches Gift of Karim Rashid, Inc. , 2006.26
Kurv Chair, 2002 Plywood, fabric 29 x 26 x 29 inches Gift of Nienkämper, 2006.11.3
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| 2006 select acquisitions |
Karim Rashid (born 1960), designer, Arnolfo di Cambrio, Italy, manufacturer
+ Board of trustees, national advisory council, Staff
Board of Trustees
C. J. “Pete” Silas
Chairman
Barbara Jakobson
Price Tower Arts Center Staff
Kyle Johnson
Executive Administration
Curatorial & Education
Richard P. Townsend*
Scott Perkins
Laura Riley
Kay Johnson
Kurtis Productions, Chicago
Director of Operations/ Interim Executive Director
Roger Lloyd
Sharon Ferguson*
Libby Leonard
Finance & Operations
DeShane Atkins
New York
Robbie A. Morris
Vice Chair and President
Pei Cobb Freed & Partners, New York
Sheryl Kaufman
Wendy Evans Joseph
Vice President and Treasurer
Wendy Evans Joseph Architecture, New York
Patricia B. Romines
Bill Kurtis
Secretary
Members
Kenneth Adams Billie Barnett Barry Buell Martha Burger William G. Creel Charles E. Daniels Brad Doenges Julia Gillespie Louis W. “Bud” Missel Leigh Ann Moss Carolyn S. Price Lanny Seals M. Theodosea Silas Lynda Tippeconnic National Advisory Council
Richard Feigen
Richard L. Feigen & Company, New York Mark Fletcher
New York
Rosalie Genevro
Architectural League of New York, New York Jim Goulka
Phoenix
Mark Fehrs Houkohl
The Vero Group Houston
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London
Executive Director & CEO
Executive Assistant
Marcus C. Low, Jr.
Milwaukee
Joseph Mashburn
University of Houston, School of Architecture, Houston
Cheryl Fregin
Harold Price
Manager of Retail Operations
Laguna Beach, CA Joe Price
Shin’en Kan Foundation, Inc., Corona del Mar, CA Ron Scherubel
Frank Lloyd Wright Building Conservancy, Chicago Georgia Snoke
Tulsa
Finance Assistant Christine Staton
Curator of Collections & Exhibitions Registrar/ Manager of Architecture Study Center Education & Volunteer Coordinator Curatorial Assistant BUILDING & GROUNDS Robert Welch
Building Superintendent
Cynthia Naylor Lynn Merony
Jason Lindley
Visitor Services
Darla Atkins
Elizabeth Green Hannah Beuke
Museum Store Associate
Maintenance Assistant Housekeeping Inn at Price Tower
Dan Weese* Marketing & Development
General Manager
Jennifer Cordero
Restaurant Manager
Director of Marketing & PR Leah Opitz
Development Coordinator Amy Amatucci*
Development Coordinator
Timm Harrison* Mac Taylor
General Manager * Former employees
Š 2005 Marc Rains
| 2006 board of trustees, national advisory council, price tower arts center staff |
+ 2006 Attendance and Public Programs
From left to right: Docent
training by Curator Scott Perkins; ArKIDecture MathArt Camp 2006; Elizabeth Wright Ingram lecture Nov. 9, 2006. Bottom: MathArt Summer Camp 2006. All photos by Jennifer Cordero.
Education programs
Docent and Tour Program
Docents make a visit to Price Tower Arts Center an unforgettable experience for visitors because of their ability to enliven the exhibitions with their excitement, knowledge and stories. Every tower tour is led by a trained and knowledgeable docent. This year, docents were challenged to assimilate a great deal of new information which came to light as a result of research related to the restoration project. Each and every one embraced the challenge with great enthusiasm. The docent program is open to anyone willing to make a time commitment of at least four hours per month. On-going training provided to docents includes the Brown Bag Lunch & Gallery Walk-through, scripts and walk-through of the 17th, 18th and 19th restored floors and roundtable sessions conducted by the curatorial staff. In July and again in December docents are treated to an appreciation party where all enjoy great food, fellowship and fun.
in 2006 include Bartlesville, Vinita, Pawhuska, Tulsa, Copan, Broken Arrow and Collinsville. Reimbursement for bus funds was offered again this year. Total Attendance: 867 students and teachers MathArt Summer Camp
This summer Price Tower Arts Center launched a new program entitled MathArt Camp. During four weeks in July, children ages 7-12 from Bartlesville, Dewey, Pawhuska and Ponca City discovered how architecture + art + design = Math + FUN! With Frank Lloyd Wright’s skyscraper and Karim Rashid’s innovative designs as inspiration, campers participated in a curriculum which integrated mathematics concepts into the creation of art, architecture and design. Sample projects included building structures using marshmallow and toothpicks, designing tetrahedral and hexagon kites and creating line drawings by replicating shapes. This program achieved a 95% approval rating from parents and participating campers.
Total Tower Tour attendance: 6,213
Total attendance: 124
K-12 Educational Programs
ArKIDtecture: Tower Tots
Price Tower Arts Center’s “ArKIDecture” programs for K-12 supports local educators with new, creative and fun tools to assist their students in mastering the Oklahoma PASS requirements in visual arts, math, history and social studies. Open houses were held this year for teachers, principals and superintendents to preview the exhibitions and programs for 2006-2007. Packets containing suggested curriculum relating to each exhibition were given to everyone who attended. The gallery exhibits and hands-on projects offer a multi-sensory learning experience. School districts participating 14
This pre-school program held twice a month for ages 3 to 6 offers a short story time in the gallery followed by a hands-on activity. Participation in Tower Tots encourages a familiarity with a museum environment. Total attendance: 56 Lecture Series
February 23, 2006 – “Shin’en Kan’s Influence Outside of Bartlesville” by Kay Johnson, Registrar and Manager of Architecture Study Center.
Bartlesville Fire Department, Bartlesville Public Schools, Bartlesville Art Association, the Bartlesville Examiner Enterprise, Sign & Banner Express and area Studebaker car clubs.
May 6, 2006 – “I Want to Change the World” by Karim Rashid, designer and subject of Price Tower Arts Center’s retrospective exhibition.
Total attendance: 279
June 22, 2006 – “Plastic Fantastic” by Scott W. Perkins, Curator of Collections and Exhibitions.
Yale University
September 7, 2006 – “Ettore Sottsass, Architect and Designer” by Ronald Labaco, Assistant Curator of Decorative Arts, Los Angeles County Museum of Art. October 14, 2006 – “Preserving Price Tower’s Interiors, Research and Conservation” by Pamela Kirschner, conservator of historic interiors and furnishings. October 26, 2006 – “Decoding the Tower: Sleuthing an Architectural Icon” by John Calvin Womack, Associate Professor, School of Architecture, Oklahoma State University. November 9, 2006 – “On the Bright Side: Architecture” by Elizabeth Wright Ingraham, architect and granddaughter of Frank Lloyd Wright. December 7, 2006 – “Restoring Wright: The Interiors of Price Tower’s Top Floors, 1956-2006” by Scott W. Perkins, Curator of Collections and Exhibitions. Total Lecture Series Attendance: 377 outreach
Traveling Exhibition Prairie Skyscraper: Frank Lloyd Wright’s Price Tower Estimated Total Attendance: 3,650
National Building Museum, Washington D.C. Total Attendance: 20,084 Building It Wright! K-12 Booth
Building It Wright! display provides students and the general public across the region the opportunity to experience Price Tower, its history and its geometry in their own schools or libraries. The exhibition, offered without charge, explains the history of the Price Tower in English and Spanish. In 2006 Building It Wright traveled to Admiral Nimitz, Edison Prep H.S., Will Rogers H.S., Kendall Whittier and Mayo Elementary in Tulsa; Tulsa Public Library; Central Middle School in Bartlesville; and Copan Public Schools Library. Estimated total participants: 6,143 Building It Wright! 1956 Photography Display
International Photography Hall of Fame, March 4 – May 28, 2007. Estimated attendance: 2,500 St. Louis Artist’s Guild, Missouri
December 17, 2006 - March 3, 2007. Estimated attendance: 500 Total estimated attendance: 3,000 Estimated outreach total attendance: 33,156
October 14, 2006- “Family Day: Fifties Style”
This event was an opportunity for families to celebrate the 50th anniversary of the opening of the Price Tower with games, crafts, food and other fun activities. During Family Day, Fifties Style, all activities, including tower tours to the restored interiors, were offered free of charge. Local students showcased their artistic talent in the 2nd annual youth art show. This event is not possible without many volunteer hours and in-kind donations. In 2006, those event partners included Arvest Bank, 15
| 2006 attendance and public programs |
April 1, 2006 – “The Architectural Relevance of Shin’en Kan” by David DeLong, Professor Emeritus of Architecture at the University of Pennsylvania.
Philanthropy 2006 MISSION-FOCUSED GIVING
By giving to the annual and capital funds of Price Tower Arts Center, donors participate in the fulfillment of the Arts Center’s mission. We applaud the individuals, corporations, foundations and government agencies that contributed more than $1,700,000 to Price Tower Arts Center in 2006. The Arts Center welcomed Target Corporation as presenting sponsor for the exhibition Karim Rashid. Target’s donation of $40,000 supported the creation and acquisition of Blobjectory. Significant support was again provided by ConocoPhillips, the Silas Foundation and the Oklahoma Arts Council. Without annual gifts from these generous donors, Price Tower Arts Center’s programs would be vastly diminished. Annual operating support also comes from the Arts Center’s 354 member households. In addition to unlimited admission to the galleries, members enjoy great benefits, which now include reciprocal membership at over 300 museums nationwide, gift certificates to Copper Restaurant + Bar and discounts at Inn at Price Tower.
From top: National Advisory
Council members Barbara Jakobson and Joseph and Julia Mashburn. Board of Trustees Chairman C. J. ‘Pete’ Silas and wife Theo. Trustees Carolyn Price and Barry Buell.
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Giving Society members are those who donate $2,500 and above. These special donors are recognized from time to time with private receptions and travel opportunities. This year, Leigh Ann Moss hosted a get-together for Giving Society members at Vintage 1740 in Tulsa. A recognition dinner took place on October 13, 2006, with a four-course meal provided by Copper Restaurant.
With Karim Rashid’s sensuous industrial designs providing inspiration, organizing the Arts Center’s annual fundraiser became a playful experience. The gala committee chose as its theme Pink, White and Rashid All Over. Those who attended the pre-event cocktail party at Copper mingled with Karim and wife Megan prior to whisking down the pink carpet at the Bartlesville Community Center for a black tie optional dinner. This year’s event raised more than $39,000 to support programs of the Arts Center. Many thanks to the 2006 committee members, including Honorary Chair Theo Silas, and members Marjorie Atwood, Lesley Bumgarner, Kimberly Doenges, Sheryl Kaufman, Janie Kirkpatrick, Beth Maddux, Marty May, Robbie Morris, Leigh Ann Moss, Michelle Firment Reid and Barbara Williams. Sponsors include Target, Culinaire International, ConocoPhillips, Mr. and Mrs. C.J. Silas, Mr. and Mrs. Thomas C. Morris, John and Mary Ann Bumgarner, Doenges Toyota Ford Lincoln Mercury, Bokka Group and Western Printing. And finally the Arts Center thanks John West and all those who donated auction items. As plans were made to restore the 17th, 18th and 19th floors to their 1956 appearance, it became clear a large commitment of resources was needed to complete the work. Fortunately, a number of generous individuals caught the vision. Leading gifts from the National Endowment for the Arts and the E.H. “Ted” and Melody Lyon Foundation were followed by support from the Silas Foundation, Mr. and Mrs. Thomas C. Morris, the Barnett Family Foundation in memory of Florence J. Barnett, Scott and Jill Lenhart Ramsey, Julie and Charlie Daniels, Sheryl and Joe Kaufman, Jo Anne and George Lewis, Patricia and Joel Romines, Doenges Toyota Ford Lincoln Mercury and in honor of William G. Creel by his family. The completion of the restoration was marked by a special dedication ceremony in honor of the project supporters on October 12,
| philanthropy 2006 |
+ Philanthropy 2006
Dedication of the restored H.C. Price Co. interiors on the 17-19th floors. From left: Carolyn and Bill Creel, Charlie Daniels, Theo Silas, Patricia Romines, Robbie Morris, Pete Silas and Tom Morris. Photo by DeShane Atkins.
2006, just prior to the opening of the exhibition Wright Restored. The Architecture Study Center was given a significant boost by several gifts in 2006. Inasmuch Foundation and Kirkpatrick Foundation provided support for the new Architecture Study Center with gifts of $10,000 and $5,000 respectively. In addition to these cash donations, Charles Ward of Houston donated important mid-century periodicals that address the work of Frank Lloyd Wright and Bruce Goff. The Friends of Kebyar donated the entire run of the Kebyar Journal for use by students and scholars. J. William Rudd, Professor Emeritus at the University of Tennessee School of Architecture and Design, has agreed to donate his 3,000 volume architectural library.
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+ 2006 Annual Fund Donors
Grand Benefactor ($50,000.00 + )
Mr. and Mrs. Joel Romines Mr. and Mrs. C. J. Silas Silas Foundation Benefactor ($10,000.00+)
The Barnett Family Foundation, Inc. Bartlesville Development Corporation Bokka Group ConocoPhillips Mr. and Mrs. Glenn A. Cox Mr. and Mrs. Charles Daniels Inasmuch Foundation KTUL 8 ABC Tulsa Lyon Foundation Mr. and Mrs. Thomas C. Morris III Oklahoma Arts Council Oklahoma Magazine Oklahoma Tourism and Recreation Department Mr. and Mrs. Harold C. Price Jr Mr. Scott Ramsey and Ms. Jill Lenhart Chairman’s Council ($5,000.00+)
Mr. and Mrs. Barry Buell Mr. and Mrs. William G. Creel Doenges Toyota Ford Lincoln Mercury Mr. and Mrs. Joseph W. Kaufman
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Kenneth G. & Diana Moon Adams Foundation Kirkpatrick Foundation, Inc. Mr. George W. Lewis and Mrs. Jo Anne M. Lewis Mr. and Mrs. David J. Tippeconnic Mr. John West and Dr. Mary Weare Director’s Circle ($2,500.00+)
Mr. and Mrs. Roger H. Box Mr. Mike E. Dabbar Madame Louis Gave Ms. Barbara Jakobson Mr. and Mrs. Peter Meinig Mr. and Mrs. James Mulva Oklahoma Humanities Council Mrs. Kay M. Schneider Western Printing Company Associate ($1,000.00+)
66 Federal Credit Union Ambler Architects Ms. Betsy Barnes Mr. and Mrs. Gene Batchelder Mr. and Mrs. Charles Bowerman Mr. and Mrs. John Bumgarner Jr Ms. Martha Burger and Mr. Donald Rowlett ClientLogic The Community Foundation of Middle Tennessee Duvall Architects, PC Inn at Price Tower
International Interior Design Association Joseph and Mary O’Toole Foundation Mr. Richard Kane KBVL 103.9 FM Mr. and Mrs. Marcus C. Low Jr Dr. Eric Sherburn and Ms. Leigh Ann Moss Mr. and Mrs. Daniel J. O’Donnell Mrs. Carolyn S. Price Mr. Derek Reid and Mrs. Michelle Firment Reid Mr. and Mrs. Jim Rodgers Mr. and Mrs. Kenneth Snoke SR Hughes & Daughters, Inc Dr. William P. Tinker Mr. Richard P. Townsend Turcott Financial Strategies Group of Wachovia Securities Wal-Mart Distribution Center 7015 Mr. Martin R. Wing Yayo Designs
Sustaining ($500.00+)
The American Architectural Foundation The Best Little Art House in Tulsa BMI Health Plans Mr. Jeff Brierley and Mrs. Virginia R. Harrison Clearly Art Mr. and Mrs. Bill Cox Mr. and Mrs. Ford Drummond Mr. and Mrs. Arthur P. Gorman Grendene Mr. and Mrs. Ginger Griffin Mr. and Mrs. John F. Kane Mr. and Mrs. Bill Kirberger The Musselman Abstract Company Oklahoma Spine and Brain Institute Ms. Marjorie Atwood and Mr. Bob Spoo Service & Manufacturing Corporation Mr. Michael R. Small Supporting ($250.00+)
Abbey Branch Allied Arts & Humanities Council of Bartlesville Mr. and Mrs. Walter Allison Dr. and Mrs. Gregory Allred Mr. and Mrs. Edd Grigsby Mr. and Mrs. Robert Heaton
Mr. and Mrs. Kent Trentman Mr. D. L. Trexler Umbra LLC Ms. Sandra Waldo and Mr. Kenneth Dewey Mr. and Mrs. Michael Wray Mr. and Mrs. Lloyd Zelewski Dr. and Mrs. Dean G. Zervas Contributor ($100.00+)
ACME Studio, Inc Ms. Ninette Allen-Maples Mr. and Mrs. Maurice E. Arnold Jr Ms. Lorie Auguste Mr. Howard G. Barnett and Mrs. Billie T. Barnett Mr. and Mrs. William Bennison Mr. and Mrs. Randy S. Bluhm Mr. and Mrs. W.R. Bohon Mr. Johnnie E. Boyle Mr. J.D. Bridges Mr. and Mrs. Wayne Callaghan Mr. and Mrs. John E. Chouteau Mr. and Mrs. Martin Cox Ms. Claudine D. Copenhaver Mrs. Betty Dalrymple Mr. and Mrs. Larry Dearman Mr. and Mrs. Donald D. Doty Mr. and Mrs. John Duvall
The Rev. and Mrs. Robert R. Evans Eva’s Flowers and Gifts Fabricut Mr. and Mrs. John A. Favre Mr. Daniel A. Flynn Senator and Mrs. John Ford Ms. Virginia Frobel Gail’s Hairstyling, Etc. Ms. Rebecca Gelder Ms. Julia Gillespie Mr. and Mrs. John Golbach Mr. and Mrs. Thomas Gorman Ms Jeanne H. Gruver Mr. and Mrs. Steven Haigh Mr. B. E. Haldorson Mr. Lawrence A. Hall and Mrs. Sarah M. TheobaldHall Mr. and Mrs. J.N. Hambrick Mr. Eric Hardwick Dr. and Mrs. Ronald J. Hart Mr. and Mrs. Mark Haskell Mr. W.P. Healy Mr. and Mrs. Steve Heidorn Mr. and Mrs. John F. Hughes Mrs. Nancy R. Inhofe Mr. Brent Jones Mr. and Mrs. Henry F. Kane Mr. and Mrs. Dan Keleher Sr Mr. and Mrs. Gary Kilpatrick Ms. Delane Kinney
Mr. and Mrs. Wayne Learned Dr. and Mrs. John Leatherman Dr. and Mrs. J. V. LeBlanc Dr. and Mrs. Simon Levit Mr. and Mrs. Gary Lewis Mr. and Mrs. John P. Liggett Ms. Michelle Martin Mr. and Mrs. Louis Missel Mrs. Mildred Carolyn Moore Dr. and Mrs. Harris J. Moreland Dr. and Mrs. James G. Morris Mr. and Mrs. David Oakley Ms. Margaret J. Patterson Pengaro’s Mr. and Mrs. Jerry T. Pierce Mr. and Mrs. Kevin Potter Ms. Alison Price Mr. and Mrs. J.E. Pritchard Raffe Photography Mr. Marc Rains Mr. and Mrs. Byron J. Reburn Mrs. Kathryn R. Reese Mr. and Mrs. Thomas W. Riley Mr. Earl Rose and Mrs. Marilyn Rose Mr. and Mrs. LaMont Ross Ms. Patricia Pape Savage Mr. and Mrs. Roger Skelly Mrs. Ruth Smith Mr. and Mrs. Wallace W. Souder Mr. Stephen Stefanou 19
| 2006 annual funds donors |
Dr. and Mrs. Chris Covington Danese S.r.l. Mr. Robert Doenges Mr. John Gorman Mr. Fred C. Cook and Mr. Thomas E. Graves Joyce Fogle Studio Dr. and Mrs. Stephen Kirkpatrick Mr. and Mrs. Frank M. Lacey Mr. and Mrs. Jack Lenhart Mr. and Mrs. Jerry Maddux Mr. and Mrs. Cedric H. Neel Jr Mr. Roger H. Lloyd Mr. and Mrs. H. Michael May McCoy Jewelers Mr. and Mrs. George J. Morrison Osage Federal Bank Rogers and Bell Attorneys at Law Mrs. Viola Rowland Mr. G. Mark Sappington Mr. and Mrs. Daniel Schuman Mr. and Mrs. William J. Schmidt Mr. and Mrs. Hans Schmoldt Mr. and Mrs. Doug Schwegman Mr. and Mrs. Robert Scott SHE SHE Chic Mr. Will Sibbald Dr. William D. Smith and Mrs. Pat Smith
Mr. Randolph J. Stephens Sweet P’s Mr. and Mrs. David Tippeconnic Ms. M. Teresa Valero Mr. Peter Walter Mr. Charles W. Ward Ms. Pegge Ward Mrs. Grady Wilson II Mr. and Mrs. William Woodard
Inhonor
Family ($50+) 145 Patrons Individual ($40+) 54 Patrons Artist/Educator/Student ($30+) 19 Patrons
While we make every effort to be accurate, we appologize if there are any omissions. Please call 918.336.4949 to report any errors.
WRIGHT RESTORED: FRANK LLOYD WRIGHT’S PRICE TOWER INTERIORS
The historical restoration project has been underwritten by The National Endowment for the Arts The E.H.”Ted” and Melody Lyon Foundation The Silas Foundation Mr. and Mrs. Thomas C. Morris The Barnett Family Foundation in memory of Florence J. Barnett Scott and Jill Lenhart Ramsey
20
The National Trust for Historic Preservation’s Cynthia Woods Mitchell Fund for Historic Interiors The Henry Luce Foundation Charles and Julie Daniels Joe and Sheryl Kaufman George and Jo Anne Lewis Joel and Patricia Romines Doenges Toyota Ford Lincoln Mercury And in honor of William G. Creel by his family Carol Creel, William Hunt Creel, Kathy Lawrence, Ann Denyer, Kelly Gave and Carol Lynn McDonald
Š 2005 Marc Rains
| 2006 annual funds donors |
+ 2006 marketing and public relations
Marketing& advertising It has been a year of milestones in marketing and public relations. Strategic advertising placements and supportive relationships continued to propel the Arts Center, Inn and Copper in its attendance and income. The marketing and media relations during the culmination of the 50th anniversary restoration, exhibition Karim Rashid and national tour of Prairie Skyscraper sparked a 4% increase in overall attendance, proving sweet success. Marketing
Price Tower Arts Center, Inn at Price Tower and Copper Restaurant + Bar completed their first full year of branding under the new phrases “Landmark Destination” and “Frank Lloyd Wright’s only skyscraper.” The Arts Center and Inn at Price Tower utilized updated collateral materials including the annual exhibition rack card, the membership brochure and the Inn brochure. The View member newsletter was mailed twice during the year and posters were hung regionally in a grass roots effort to inform the public of exhibitions. COPPERTONES: A Night of Jazz continued for a final year, drawing audiences
22
Collaborative cultural display at Tulsa International Airport shows off Frank Lloyd Wright and Bartlesville. Photo by Jennifer Cordero.
in for a free evening at the museum. Extending the reach of marketing, promotional giveaways for Inn at Price Tower aired on the radio in the Oklahoma City market and donations were made by the Inn, Copper and The Wright Place Museum Store to area organizations. The Arts Center also continued to enhance features and information on the website (www.pricetower. org) to reflect the advancement of the organization and recognition of sponsors. Total on-line sessions topped 49,000 in 2006. Features included enewsletters, e-press releases, RSS feed, links to sponsors sites and an e-commerce site for both The Wright Place museum store and membership. Collaboration
Price Tower Arts Center worked closely with the Tulsa International Airport throughout 2006 to develop three non-profit cultural displays in the airport to promote tourism in Northeastern Oklahoma. A large photo display about Price Tower Arts Center entices travelers and their guests presecurity, while post-security a glass walkway is now filled with colorful banners representing 18 cultural
| 2006 Marketing and Public relations |
StyleScene
Sunday H3 October 8, 2006 www.tulsaworld.com
‘Wright saw the Price Tower as a vertical street filled with things happening all the time.’ Richard Townsend Price Tower Arts Center
the Price isWright to ’50s glory Frank Lloyd Wright’s Price Tower restored By James D. Watts Jr.
T
he top of the Price Tower has been turned into a time machine. Four years of research and renovation have resulted in a recreation of how the 17th, 18th Lloyd and 19th floors of this Frank Wright-designed Bartlesville landmark to the appeared when it first opened public 50 years ago. the “We’re saying you can now take way elevators of the Price Tower all the to 19 … 56,” said Richard Townsend, Price outgoing executive director of the Center. Tower Arts the The 19th floor is a re-creation of the private office of Harold C. Price Sr., Bartlesville businessman who commisbuildsioned Wright to design an office ing for his oil pipeline company. — The restored corporate apartment resiwhich shows how one of the tower’s takes dential spaces would have looked — roomup the 18th and 17th floors: a living
EXHIBIT ‘Wright Restored: Frank Lloyd Wright’s Price Tower Interiors’ When Oct. 13-Dec. 31 Where Price Tower Arts Center, 510 Dewey Ave., Bartlesville tour; Tickets $8 for gallery admission and $4 gallery admission only, at the door.
dining area and kitchen below, a bedroom and bathroom above. The “Wright Restored” exhibition, oor which will be on display in the first-fl galleries of the Price Tower Arts Center, track focuses on the research done to down as many details about the original as interiors of the Price Tower, as well from the work done to replicate objects Wright’s original designs to replace items long ago discarded. 30The Price Tower also will offer durminute tours of the top three floors
ing the museum’s hours of operation. said “We’ll be doing five tours a day,” and Scott Perkins, curator of collections of the exhibitions. “Because of the size opporspace, and to give people the best will be tunity to see what’s been done, we so limiting the number of people per tour things won’t seem so crowded.” “Wright Restored” is the culminating of the event in the year-long celebration building’s 50th anniversary. Last October, the Price Tower Arts Center presented “Prairie Skyscraper: Frank Lloyd Wright’s Price Tower,” of the which examined the construction to only skyscraper designed by Wright have been built. The restoration of the top three floors Tower is also the capstone of the Price realize Arts Center’s recent efforts to Wright’s vision for the building. as Wright envisioned his skyscraper
’50s festival free-for-all The Price Tower Arts Center will host a free 1950s-inspired festival from 10 a.m. to 3 p.m. Saturday to mark the opening of its exhibit “Wright Restored: Frank Lloyd Wright’s Price Tower Interiors.” The event will include games, prizes, food, free admission to the exhibition and hourly tours to the newly restored top three floors of Price Tower. Pamela Kirschner, preservation program specialist with the National Archives and Records Administration, will give a special lecture about her role in the four-year process of preserving, conserving and restorto ing Wright’s Price Tower interiors their 1956 appearance. For more information, call the Price Tower Arts Center at (918) 336-4949.
SEE PRICE H-5
Karen O’s guide to living in New York: B M
‘Go to dinner at amazing restaurants, do a little shopping, go out and have a few drinks. And I don’t have to live in a closet of an apartment.’
at The Yeah Yeah Yeahs perform Monday the Cain’s Ballroom, 423 N. Main St.
Doors open at 7 p.m.; EX MODELS $28 and Imaad Wasif open up. Tickets are in advance, $30 day of show, at Starship the Records, Reasor’s, www.gettix.net and Cain’s box office, 584-2306.
Before and after photos show the 17th-floor apartment once inhabited by Bartlesville oilman Harold C. Price Sr. The room has been restored to its 1956 design for exhibition purposes. Wright himself painted the back panel.
move to L.A.
G
Yeah Yeah Yeahs singer Karen O lives three in Los Angeles, has for almost years now. “I can’t believe it,” said the 27-yearfor old indie/punk rock goddess known that’s her playful sex appeal and a voice Chrisan amalgam of the Pretenders’ Joan sie Hynde, PJ Harvey, Blondie and Jett. she See, O grew up in New Jersey — was born Karen Orzolek to a Korean she mother and Polish father — and sound fronts an act with a raw, alive York’s New with that’s synonymous punk-rock scene. O considers herself bicoastal these days, but home is still where “Mommy the and Daddy” live. She laughed saying
a New thing she loves most about being Yorker is “living in L.A.” “All my friends and family are in New them, York; pretty much 90 percent of that,” bandmates and everything like out she said. “I get to go there and hang amazwith my friends. Go to dinner at go ing restaurants, do a little shopping, have out and have a few drinks. I don’t That’s to live in a closet of an apartment. in the there of out me kind of what drove first place. a “… So my favorite part about being continNew Yorker is living in L.A.,” she you ued. “You have no idea how much in live appreciate New York when you L.A.” a On that note, O obliged in naming … few of her favorite New York haunts SEE KAREN H-6
organizations (including the Arts Center). A large corner display in the Concourse A waiting area, sponsored by the Bartlesville Regional Chamber of Commerce and Convention and Visitor’s Bureau, provides a small exhibition of Arts Center collection items with a brochure holder filled with information about Bartlesville-area cultural attractions. Thank you to all those involved. Advertising
Advertising venues included billboards, print ads, postcards, posters, direct mail, brochures, radio and television commercials. Advertising was placed locally and regionally. Examples include the Joplin Globe, East Wichita News, Celebrate NW Arkansas, Tulsa Guest Guide, Tulsa World, Bartlesville Examiner-Enterprise, Oklahoma Magazine, Oklahoma Today, Oklahoma Travel Guide and KWGS 89.5FM Tulsa’s NPR.
PUblic Relations + Media
Public relations focused regionally for the larger part of the year with emphasis on national publications during Karim Rashid, the national tour of Prairie Skyscraper and Wright Restored, with published pieces topping nearly 43 million in circulation nationally over the course of twelve months. The Arts Center developed local, regional and some international interest through bi-monthly press releases and e-newsletters on events and exhibitions with follow-up on leads. Among the notable appearances in print were: The New York Times, The Washington Post, Forbes online, CBS Sunday Morning News, DECOhome, AirCanada’s EnRoute and Tulsa World. A special thank you to our media sponsors for 2006 KTUL NewsChannel 8 (ABC affiliate), Oklahoma Magazine and to our creative agency the Bokka Group. Jennifer M. Cordero
Director of Marketing and Public Relations
23
+ 2006 Operations report
Facilities and operations
A huge milestone for the Arts Center’s retail operations was the entry into the world of e-commerce. Launched in the early part of 2006, the site’s initial product offering focused on sitespecific designs and products, exclusive to Price Tower Arts Center. By year end, more than 50 products were available for purchase on-line, including an extensive list of reading resources about Frank Lloyd Wright and the Price Tower. As our mastery of order fulfillment increases, more and more products will be added to the product offering.
Price Tower. After four years of operations, it’s clear that operating a hotel and restaurant is not without risk. Positive cash flow remains elusive. However, Inn occupancy and revenues are both growing, and in the long run, it is expected that the Inn operation will fulfill both sides of its mission. The trustees of Price Tower Arts Center are committed to the subsidiary’s long-term success. In dealing with funding the subsidiary, trustees are careful to use only nonrestricted net assets.
Working along side conservators and restoration professionals, facilities staff members were instrumental in completing the restoration efforts in 2006. An important task involved stripping away old paint from the floors to reveal Wright’s original red-stained concrete. The revealed floors were then buffed with multiple layers of wax to preserve the surface. Many thanks go to Robert Welch, Jason Lindley, Darla Atkins and Deshane Atkins for their efforts in completing the floor restoration.
Inn at Price Tower, Inc, Total Revenue: 2003 2004 2005 2006 $447,895 687,963 604,709 688,607
inn at Price Tower
In 2003, Price Tower Arts Center created Inn at Price Tower, a wholly-owned for-profit subsidiary of the organization. Its purpose was two-fold, one of which is strongly mission-related: to provide visitors to the Price Tower with the direct experience of Frank Lloyd Wright’s vision of a vertical street. Since its opening, more than 15,000 visitors shopped, dined and visited exhibitions while staying the night in Frank Lloyd Wright’s only built skyscraper. The second purpose was to provide cash flow to the Arts Center, thus offsetting the cost of maintaining the 24
finance
In 2006 two important capital improvement projects were completed. These include construction of the Architecture Study Center on the second floor and the restoration of the 17th, 18th, 19th floors to their 1956 appearance. Capital costs were $52,124 and $113,646 respectively. Along with a few other projects, a total of $204,817 was invested in capital. Depreciation expense for the year was $217,350 resulting in a decrease in fixed assets of $12,533. A comparison of the statement of activities for 2006 to 2005 reveal that total support and revenue for Price Tower Arts Center, Inc increased by 3% and total expenses decreased also by 3%. The resulting net increase in revenue over expenses is $110,725. As noted above, this was largely invested in capital improvements.
Center paid $100 of insurance on behalf of the Inn. And lastly, the Inn collected and remitted $7,846 in museum admissions fees to the Arts Center.
2005-2006 Statement of Activities: Expenses
%
2006
%
Administrative 521,169
27%
524,909
28%
Fundraising 218,313 Curatorial/Public Programs 841,263 Building/ 379,691 Grounds
11%
187,974
10%
Total
2005
43% 839,206 19% 354,977
44% 18%
1,960,427 100% 1,907,066 100%
In consolidating the financial statements of Price Tower Arts Center and Inn at Price Tower, Inc, certain inter-company transactions have been eliminated. These include an accounts receivable of $18,141 owed to the Arts Center by the Inn on December 31, 2006. This amount has since been collected by the Arts Center. In 2006 the Arts
The following consolidated financial statements are reproduced from the independent auditor’s report of the financial position of Price Tower Arts Center as of December 31, 2006. The full audit report, including accompanying notes, which are an integral part of the financial statements, is available for examination at the Arts Center’s business office in Bartlesville. Laura Riley
Interim Executive Director
The Wright Place Museum Store; Jason Lindley and Darla Atkins strip paint from gallery floors to restore the original Frank Lloyd Wright cherokee red concrete.
25
| 2006 operations report |
Changes in the use of funds from 2005 to 2006 were not significant.
+ Independent auditor’s report and financial statements For the Year Ended December 31, 2006 With Comparative Totals as of December 31, 2005
INDEPENDENT AUDITOR’S REPORT Board of Trustees Price Tower Arts Center, Inc. Bartlesville, OK We have audited the accompanying consolidated statement of financial position of Price Tower Arts Center, Inc. (a nonprofit organization) as of December 31, 2006, and the related consolidated statements of activities, functional expenses and cash flows for the year then ended. These consolidated financial statements are the responsibility of Price Tower Arts Center, Inc.’s management. Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the consolidated financial position of Price Tower Arts Center, Inc. as of December 31, 2006, and the consolidated changes in its net assets and cash flows for the year then ended in conformity with accounting principles generally accepted in the United States of America. Archambo & Mueggenborg, PC Certified Public Accountants May 7, 2007
26
+ Consolidated Statement of financial Position December 31, 2006 With Comparative Totals as of December 31, 2005
ASSETS
Price Tower Arts Center Inc.
Inn at Price 2006 Total Tower Inc.
2005 Total (Memo)
CURRENT ASSETS
Cash and cash equivalents (Note 1)
74,271
28,993
103,264
7,926
0
7,926
7,873
Inventory
98,182
6,866
105,048
130,141
Accounts receivable
2,450
16,831
19,281
4,950
Employee advances
124
0
124
397
16,225
0
16,225
1,875
Investments (Note 1)
Prepaid exhibit rentals Prepaid insurance and other expenses
148,367
31,366
1,336
32,702
23,557
230,544
54,026
284,570
317,160
92,246
0
92,246
153,076
2,635,236
12,068
2,647,304
2,659,837
11,668
0
11,668
10,000
7,546
0
7,546
6,284
Total other assets
2,746,696
12,068
2,758,764
2,829,197
Total assets
2,977,240
66,094
3,043,334
3,146,357
Accounts payable
34,355
61,654
96,009
163,558
Accrued liabilities
16,347
5,903
22,250
18,549
Current portion of capital lease
3,418
0
3,418
1,642
Current portion of insurance note
11,150
0
11,150
0
Deferred income
5,042
0
5,042
16,698
70,312
67,557
137,869
200,447
Total current assets OTHER ASSETS
Pledges receivable (Note 4) Property and equipment (Note 2) net of accumulated depreciation Endowment in Bartlesville Community Foundation (Note 11) Deposits
CURRENT LIABILITIES
Total current liabilities long-term liabilities (Note 12)
Capital lease payable, less current portion Total liabilities
2,257
0
2,257
3,193
72,569
67,557
140,126
203,640 2,840,574
NET ASSETS
Unrestricted
2,860,921
(1,463)
2,859,458
Temporarily restricted (Note 3)
33,750
0
33,750
92,143
Permanently restricted (Note 1)
10,000
0
10,000
10,000
Total net assets
2,904,671
(1,463)
2,903,208
2,942,717
Total liabilities and net assets
2,977,240
66,094
3,043,334
3,146,357
27
+ consolidated statement of activities For the Year Ended December 31, 2006 With Comparative Totals as of December 31, 2005
Unrestricted SUPPORT AND REVENUE:
Temporarily Restricted
Permanently 2006 Total Restricted
2005 Total (Memo)
SUPPORT:
Contributions In-kind contributions Grant income Total support
1,578,372
15,000
0
1,593,372
106,894
0
0
106,894
1,496,975 49,250
0
9,385
0
9,385
98,570
1,685,266
24,385
0
1,709,651
1,644,795
94,874
REVENUE:
Membership dues
49,842
0
0
49,842
Gift shop and exhibit sales
99,728
0
0
99,728
85,030
Admissions and class fees
34,829
0
0
34,829
24,889
Rental income
114,235
0
0
114,235
84,060
Special events
37,680
0
0
37,680
35,686
Interest and dividends
4,191
0
0
4,191
2,847
Miscellaneous income
2,276
0
0
2,276
23,250
342,781
0
0
342,781
350,636
Total revenue Net assets released from restrictions:
Restricted purpose fulfilled
82,778
(82,778)
0
0
0
2,110,825
(58,393)
0
2,052,432
1,995,431
Administrative expenses
524,909
0
0
524,909
521,160
Fundraising and development
187,974
0
0
187,974
218,313
Curatorial and public programming
839,206
0
0
839,206
841,263
TOTAL SUPPORT AND REVENUE
EXPENSES:
Building and grounds TOTAL EXPENSES
354,977
0
0
354,977
379,691
1,907,066
0
0
1,907,066
1,960,427
1,539
GAINS AND LOSSES: Net gain/(loss) on sale of investments
334
0
0
334
1,612
0
0
1,612
44
1,946
0
0
1,946
1,583
205,705
(58,393)
0
147,312
36,587
Restaurant income
356,012
0
0
356,012
327,284
Hotel income
332,595
0
0
332,595
277,425
Unrealized gain on investments TOTAL GAINS AND LOSSES
Net Revenue Over (Under) Expenses and Losses
INN AT PRICE TOWER, INC .
Expenses
(859,428)
0
0
(859,428)
(698,980)
Net Revenue Over (Under) Expenses
(170,821)
0
0
(170,821)
(94,271)
34,884
(58,393)
0
(23,509)
(57,684)
Changes in net assets before other adjustments
OTHER ADJUSTMENTS: Collection acquisitions (Note 9) Total other adjustments TOTAL CHANGE IN NET ASSETS
(16,000)
0
0
(16,000)
(54,575)
(16,000)
0
0
(16,000)
(54,575)
18,884
(58,393)
0
(39,509)
(112,259)
Net assets, beginning of the year
2,840,574
92,143
10,000
2,942,717
3,054,976
Net assets, end of the year
2,859,458
33,750
10,000
2,903,208
2,942,717
+ Consolidated statement of cash flows For the Year Ended December 31, 2006 With Comparative Totals as of December 31, 2005
CASH FLOWS FROM OPERATING ACTIVITIES:
2006
Change in net assets
(39,509)
(112,259)
2005
217,350
209,881
Adjustments to reconcile increase (decrease) in net assets to net cash provided by operating activities: Depreciation Loss on disposition of assets Realized gain on investments Unrealized gain on investments Investment income (loss)
0
1,590
(334)
(1,539)
(1,612)
(44)
(514)
(55)
(62,503)
(71,344)
Accounts receivable
(14,331)
(4,950)
Employee advances
273
245
60,830
37,048
Inventory
25,093
(81,776)
Prepaid exhibit rentals
(14,350)
11,643
(9,145)
19,521
Accounts payable
(67,549)
36,098
Accrued liabilities
3,701
(9,597)
Deferred income
(11,656)
(15,517)
Net cash provided by operating activities
85,744
18,945
Stock donations (Increase) decrease in operating assets:
Pledges receivable
Prepaid insurance and other expenses Increase (decrease) in operating liabilities:
CASH FLOWS FROM INVESTING ACTIVITIES: Purchase of furniture, equipment and building improvements
(204,817)
(62,195)
Sale of donated stock
63,242
84,299
Utility and other deposits
(1,262)
0
(142,837)
22,104
3,039
5,446
Net cash provided (used) by investing activities
CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from capital lease Proceeds from insurance note
24,627
0
Payments on capital lease
(2,199)
(611)
Payments on insurance note
(13,477)
0
11,990
4,835
Net cash provided (used) by financing services
Net increase (decrease) in cash
(45,103)
45,884
Cash, beginning of the year
148,367
102,483
Cash, end of the year
103,264
148,367
29
+ consolidated statement of Functional Expenses For the Year Ended December 31, 2006 With Comparative Totals as of December 31, 2005
PRICE TOWER ARTS CENTER INC . Administrative Fundraising & Expenses Development Salaries
Curatorial & Public Programming
Building & Grounds
185,755
60,573
161,018
84,497
Employee benefits
31,902
1,508
9,894
10,249
Payroll taxes
24,227
2,657
16,803
8,435
Other taxes
284
0
11
0
21,056
0
83,928
1,155 0
Contract services Advertising
1,151
161
71,684
Consulting and promotions
0
60
14,771
0
Programs and exhibits
0
0
90,749
0
Food and beverage expense
0
6,923
3,877
0
43,830
5,259
56,101
70,127
Other expense
9,743
13,748
1,303
0
Insurance
9,616
677
18,661
9,030
Utilities and telephone
Office supplies
11,378
1,773
2,381
0
Supplies and equipment
2,779
4,667
33,360
15,628
Printing and reproductions
5,122
19,636
42,862
0
Postage and delivery
9,568
2,932
11,009
0
27,337
22,079
112,964
0
Professional services
2,941
3,476
1,270
0
Conferences and travel
Rent
10,451
3,929
19,934
79
Dues and fees
10,204
1,211
2,264
0
280
0
870
59,551
7,185
862
9,197
11,496
709
2,810
600
0
84
26,678
5,911
0
Repair and maintenance Security Seminars and training Special events Cost of good sold Damages and losses Depreciation Total
30
56,350
0
0
0
0
0
0
0
52,957
6,355
67,784
84,730
524,909
187,974
839,206
354,977
Total
Inn at 2006 Total Price Tower
2005 Total (Memo)
491,843
244,959
736,802
747,126
Salaries
53,553
14,728
68,281
59,053
Employee benefits
52,122
37,029
89,151
94,099
Payroll taxes
295
0
295
134
Other taxes
106,139
77,838
183,977
164,440
Contract services
72,996
48,441
121,437
110,453
Advertising
14,831
7,846
22,677
76,103
Consulting and promotions
90,749
0
90,749
134,650
Programs and exhibits
10,800
9,415
20,215
14,606
Food and beverage expense
175,317
73,835
249,152
234,231
Utilities and telephone
24,794
26,467
51,261
7,763
Other expense
37,984
10,268
48,252
54,513
Insurance
15,532
3,761
19,293
12,699
Office supplies
56,434
23,081
79,515
45,609
Supplies and equipment
67,620
78
67,698
61,062
Printing and reproductions
23,509
2,094
25,603
28,076
Postage and delivery
162,380
111,368
273,748
211,538
Professional services
7,687
0
7,687
3,284
Rent
34,393
8,467
42,860
62,542
Conferences and travel
13,679
28,078
41,757
27,272
Dues and fees
60,701
7,205
67,906
58,422
Repair and maintenance
28,740
0
28,740
31,540
Security
4,119
0
4,119
5,668
Seminars and training
32,673
0
32,673
45,236
Special events
56,350
118,946
175,296
157,801
Cost of good sold
0
0
0
1,606
Damages and losses
211,826
5,524
217,350
209,881
Depreciation
1,907,066
859,428
2,766,494
2,659,407
Total
31
Price Tower Arts Center provides local, regional and global audiences with the experience of great art, architecture and design in an arts complex
whose
centerpiece
is
Frank Lloyd Wright’s masterpiece, the Price Tower.
1956-2006
32