2024-11-12T12:35:46-06:00 2023-12-31 580662558 HANCOCK ASKEW & CO LLP 100 RIVERVIEW DRIVE SAVANNAH GA 31404 990 2023-01-01 580610074 TELFAIR MUSEUM OF ART INC TELF 9127908874 PO BOX 10081 SAVANNAH GA 31412 JOSEPH RUDDER CFO/COO 9127908874 2024-11-11 1 0 SUSAN G CORDERMAN CLIFFORD P00647789 9122348243 2024-11-11 2023 2024-10-15 13:58:12Z TELFAIR MUSEUMS JOSEPH RUDDER PO BOX 10081 SAVANNAH GA 31412 17575873 0 X WWW.TELFAIR.ORG X 1920 GA THE TELFAIR MUSEUM OF ART OFFERS COMPELLING EXPRESSIONS OF VISUAL CULTURE - EMBRACING THREE UNIQUE BUILDINGS AND THREE DISTINCT COLLECTIONS THAT BRIDGE THREE CENTURIES OF ART AND ARCHITECTURE. THE MUSEUM DEVELOPS AWARENESS, UNDERSTANDING, AND APPRECIATION OF THE ARTS AND SERVES AS A DYNAMIC CULTURAL CENTER CONNECTING PEOPLE OF ALL AGES AND BACKGROUNDS. 30 30 91 100 0 0 5958601 4298066 2416464 2480829 1547491 1295879 255890 -350795 10178446 7723979 0 0 0 0 3173355 3664397 0 0 899147 4606074 4952253 7779429 8616650 2399017 -892671 59685824 61599787 1447933 1083783 58237891 60516004 X TO ACHIEVE OUR MISSION OF OFFERING COMPELLING EXPRESSIONS OF VISUAL CULTURE, WE CONCENTRATE ON FOUR AREAS: 1) COLLECTIONS - ARCHITECTURAL LANDMARKS AND FOCUSED ART COLLECTIONS THAT REFLECT A HISTORY OF EMBRACING CONTEMPORARY VISUAL CULTURE; 2) EDUCATION - PROGRAMS AND ACTIVITIES FOR ADULTS AND CHILDREN THAT SERVE AS CATALYSTS FOR CREATIVITY AND LEARNING; 3) EXHIBITIONS - PRESENTATIONS OF REGIONAL, NATIONAL, AND INTERNATIONAL SIGNIFICANCE THAT PROVIDE ACCESS TO ART OF DIVERSE ERAS AND CULTURES; & 4) COMMUNITY ENGAGEMENT - PARTNERSHIPS AND INITIATIVES THAT STRENGTHEN TIES TO DIVERSE AUDIENCES AND ENCOURAGE ACTIVE ENGAGEMENT IN COMMUNITY LIFE. 0 0 2794586 1221498 EXHIBITIONS - IN 2023, TELFAIR MUSEUMS PRESENTED 30 EXHIBITIONS, 27 OF WHICH WERE ORGANIZED BY TELFAIR STAFF. HIGHLIGHTS INCLUDE THE CONTINUATION OF OUR ANYTHING GOES, WHICH HIGHLIGHTS OUR EVER-GROWING PERMANENT COLLECTION; AGE OF ARMOR: TREASURES FROM THE HIGGINS ARMORY COLLECTION AT THE WORCESTER ART MUSEUM, AN EXPLORATION OF THE WAYS IN WHICH ARMOR WAS USED AND TRANSFORMED DUE TO TECHNOLOGICAL INNOVATIONS AND EVOLVING STYLES OF WARFARE; AND RICHMOND BARTHE: HARLEM RENAISSANCE SCULPTOR, A STUDY PRESENTING A SURVEY OF BARTHE'S CAREER, WHO WAS ONE OF THE FOREMOST AFRICAN AMERICAN SCULPTORS OF THE 20TH CENTURY, THROUGH TWO DOZEN OF HIS FINEST CREATIONS. 1144223 97564 EDUCATION PROGRAMS - 8,515 PRE-K THROUGH COLLEGE STUDENTS PARTICIPATED IN IN-PERSON FIELD TRIPS TO TELFAIR MUSEUMS IN 2023. THESE INCLUDED THE MUSEUM'S IN PERSON TOURS OF THE EXHIBITION CREATED BEASTS: SCULPTURE BY ULYSSES DAVIS FOR 2,700 4TH GRADE STUDENTS OF THE SAVANNAH CHATHAM COUNTY SCHOOLS AND A NEW PROGRAM FOR 600 PRE-K STUDENTS FROM LOCAL PUBLIC SCHOOLS AND HEAD START. 2,320 INDIVIDUALS OF ALL AGES AND ABILITIES PARTICIPATED IN OUTREACH VIA 148 CLASSES FOR SENIORS AT LOCAL SENIOR CENTERS, YOUTH AT COMMUNITY CENTERS AND INDIVIDUALS AT HEALTH AND SOCIAL SERVICES PARTNER LOCATIONS THROUGHOUT THE COMMUNITY. 800 PARTICIPANTS PARTICIPATED IN 71 ADULT AND 21 YOUTH STUDIO ART CLASSES AND SUMMER CAMPS. 13 FREE LECTURES ORGANIZED BY THE MUSEUM WERE ATTENDED BY NEARLY 600 PEOPLE. 6 FREE FAMILY DAYS OFFERED ON SATURDAYS WERE ATTENDED BY A TOTAL OF 9,765 VISITORS OF ALL AGES IN 2023. 6 EDUCATION EXHIBITIONS WERE HELD IN THE MUSEUM'S COMMUNITY GALLERY, INCLUDING AN ANNUAL EXHIBITION OF WORK BY VETERANS AND PARTICIPANTS FROM LOCAL HEALTH AND SOCIAL SERVICE ORGANIZATIONS. THE LATTER EXHIBITION ALSO INCLUDED ART PRODUCED IN OUTREACH WORKSHOPS FOR INCARCERATED INDIVIDUALS. DROP-IN STUDIO ART MAKING ACTIVITIES OFFERED EACH SATURDAY WERE ATTENDED BY MORE THAN 2,600 PARTICIPANTS OF ALL AGES. 2431510 1221913 COLLECTIONS - CURRENTLY, THE TELFAIR HOLDS OVER 7,000 WORKS OF ART, INCLUDING PAINTINGS, WORKS ON PAPER, SCULPTURE, FURNITURE, DECORATIVE ARTS AND TWO HISTORIC HOMES. THESE WORKS ARE PRIMARILY FROM EUROPE AND AMERICA, RANGING IN DATE FROM THE EIGHTEENTH CENTURY THROUGH THE PRESENT. IN 2023, THE TELFAIR ACQUIRED 57 WORKS FOR THE COLLECTION, LARGELY THROUGH GIFTS. THESE ACQUISITIONS INCLUDE PAINTINGS, WORKS ON PAPER, PHOTOGRAPHS, MIXED MEDIA AND DECORATIVE ART OBJECTS. THESE WORKS HAVE HELPED TO AUGMENT AND DIVERSIFY THE TELFAIR'S PERMANENT COLLECTION. 6370319 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 69 0 1 91 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 GA X X JOSEPH RUDDER 9127908874 TELFAIR MUSEUM OF ART INC PO BOX SAVANNAH GA 31412 BENJAMIN SIMONS DIRECTOR/CEO 50.00 X X 260400 0 8340 JOSEPH RUDDER CFO/COO 50.00 X X 153600 0 5940 SUSAN WILLETTS TREASURER & CHAIR-ELECT 10.00 X X 0 0 0 REBECCA G OGDEN SECRETARY 10.00 X X 0 0 0 JOHN J NEELY III LEGAL COUNSEL 10.00 X X 0 0 0 JOSH KELLER CHAIRMAN 10.00 X X 0 0 0 KENDALL M MCCURRY VICE-CHAIR 10.00 X X 0 0 0 TOM REILLY VICE-CHAIR 10.00 X X 0 0 0 VINCENT WEST VICE-CHAIR 10.00 X X 0 0 0 SWANN SEILER IMMEDIATE PAST CHAIR 10.00 X X 0 0 0 KERRY BREITBART TRUSTEE 3.00 X 0 0 0 JOHN E CAY IV TRUSTEE 3.00 X 0 0 0 DOLLY R CHISHOLM ESQ TRUSTEE 3.00 X 0 0 0 LEDA CHONG TRUSTEE 3.00 X 0 0 0 MEREDITH R DULANY TRUSTEE 3.00 X 0 0 0 RONALD GANTT TRUSTEE 3.00 X 0 0 0 CATHERINE V JOHNSTON TRUSTEE 3.00 X 0 0 0 CHARLES A HINNANT TRUSTEE 3.00 X 0 0 0 LORI JUDGE TRUSTEE 3.00 X 0 0 0 RICHARD C KESSLER TRUSTEE 3.00 X 0 0 0 PAMELA LEWANDA TRUSTEE 3.00 X 0 0 0 LESLIE B LITTLEJOHN TRUSTEE 3.00 X 0 0 0 QUENTIN L MARLIN TRUSTEE 3.00 X 0 0 0 ROGER MOSS JR TRUSTEE 3.00 X 0 0 0 CB RICHARDSON III TRUSTEE 3.00 X 0 0 0 ALAN SHERIFF TRUSTEE 3.00 X 0 0 0 KIMBERLY SMITH TRUSTEE 3.00 X 0 0 0 COURTLAND STEVENS TRUSTEE 3.00 X 0 0 0 MARTI B SULLIVAN TRUSTEE 3.00 X 0 0 0 STEPHEN D TAYLOR TRUSTEE 3.00 X 0 0 0 KIMBERLY BALLARD-WASHINGTON TRUSTEE 3.00 X 0 0 0 MATTHEW A WEST TRUSTEE 3.00 X 0 0 0 414000 0 14280 2 0 1 0 FREN INC 10230 FORD AVE STE B RICHMOND HILL GA 31324 DESIGN CONTRACTOR 1001748 SUNSTATES SECURITY LLC PO BOX 896583 CHARLOTTE NC 28289 SECURITY 488587 JANI-KING OF SAVANNAH 3665 WHEELER ROAD SUITE 1A AUGUSTA GA 30909 CLEANING 192980 INFINITY INC 10 CHATHAM CENTER SOUTH DR SUITE 30 SAVANNAH GA 31405 IT CONTRACTOR 117852 METALCRAFTS A TECTA AMERICA CO 4255 OGEECHEE RD SAVANNAH GA 31405 ROOFING 114584 5 222033 503542 60673 3511818 102764 4298066 MUSEUM ADMISSIONS 713990 2403175 2403175 EDUCATION PROGRAM REVENUE 611710 77654 77654 2480829 687884 687884 158863 12576 146287 146287 146287 9429086 8821091 607995 607995 607995 87939 503542 645167 -557228 -557228 430567 373060 57507 57507 MISCELLANEOUS 900099 2639 2639 2639 7723979 2540975 0 884938 415140 208140 103500 103500 2743714 2243722 291985 208007 279068 209198 41881 27989 226475 177644 27587 21244 25307 25307 45010 45010 185712 185712 521237 391279 53637 76321 361527 260931 30632 69964 313614 119870 135584 58160 167507 83754 41877 41876 954286 716291 95197 142798 11781 2945 4713 4123 8578 2145 3431 3002 89668 89668 1076276 914834 107628 53814 249862 188297 24626 36939 CURATORIAL EXPENSES 646674 641723 0 4951 EDUCATION 132978 132978 0 0 CREDIT CARD PROCESSING 123027 76568 0 46459 LOSS ON ASSET DISPOSAL 39209 0 39209 0 8616650 6370319 1347184 899147 1927216 511175 933537 1337473 57007 79017 99107 81274 393954 478535 39544000 15409369 23053671 24134631 24961720 25384472 6855965 8037384 1403647 1555826 59685824 61599787 570860 677914 88003 405869 789070 0 1447933 1083783 X 35218916 37209682 23018975 23306322 58237891 60516004 59685824 61599787 X -892671 3458517 -287733 X 0 1 X 1 0 X 6004865 6347445 2066228 5958601 4298066 24675205 6004865 6347445 2066228 5958601 4298066 24675205 2543403 22131802 533931 524591 791100 577138 687884 3114644 27789849 9476575 0.79640 0.78930 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 31000000 184000 4450000 2812000 32822000 34988000 1152000 -3654000 1486000 31000000 31321657 125884 5904070 2363611 34988000 30102170 3337695 2118208 31321657 26900169 303116 4758040 1859155 30102170 0.42480 0.43060 0.14460 1 0 1254866 1254866 33255813 11075674 22180139 4744683 4333695 410988 288638 288638 24134631 LIMITED PARTNERSHIPS 8037384 F 8037384 X 11142550 3458517 3458517 7684033 185712 -145766 39946 7723979 8864437 433499 433499 8430938 185712 185712 8616650 PART III, LINE 1A: TERMS FOR NOT REPORTING ASSETS PER SFAS 116 COLLECTIONS: THE COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE MUSEUM'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENTS OF FINANCIAL POSITION. THE COLLECTIONS INCLUDE TWO DONATED HISTORIC LANDMARK HOMES, FURNISHINGS, PAINTINGS AND FINE AND DECORATIVE ART OBJECTS. ALL ITEMS IN THE COLLECTIONS ARE DEEMED INEXHAUSTIBLE ASSETS. THE BOARD ADHERES TO THE ASSOCIATION OF ART MUSEUM DIRECTORS (AAMD) GUIDELINES AND POLICIES ON DEACCESSION AND INTERNAL COLLECTIONS MANAGEMENT. UNEXPENDED PROCEEDS FROM DEACCESSIONS ARE REFLECTED IN BOARD-DESIGNATED NET ASSETS UNTIL SUCH TIME AS PROCEEDS ARE SPENT ON NEW ACQUISITIONS. PART III, LINE 4: COLLECTIONS AND RELATION TO EXEMPT PURPOSE: THE COLLECTIONS INCLUDE TWO HISTORICAL HOMES, FURNISHINGS, PAINTINGS, AND FINE AND DECORATIVE ART OBJECTS. PART V, LINE 4: INTENDED USES FOR ENDOWMENT FUNDS: THE MUSEUM'S ENDOWMENT CONSISTS OF SEVERAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES TO INCLUDE BOTH INCOME AND COLLECTION PURPOSES. PART X, LINE 2: THE MUSEUM HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL TAX UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE, EXCEPT FOR TAXES ON ACTIVITIES UNRELATED TO ITS EXEMPT PURPOSE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE THE TAX POSITIONS TAKEN BY THE MUSEUM AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE MUSEUM HAS AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS CONCLUDED THAT AS OF DECEMBER 31, 2023, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN BY THE MUSEUM THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. MANAGEMENT BELIEVES THAT IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS BEGINNING PRIOR TO 2020. PART XI, LINE 4B - OTHER ADJUSTMENTS: COGS ON LINE 10B INCLUDED IN PAYROLL EXPENSE IN AUDITED FS -145,766. PART XII, LINE 2D - OTHER ADJUSTMENTS: COGS ON LINE 10B INCLUDED IN PAYROLL EXPENSE IN AUDITED FS 145,766. COLLECTION ITEMS PURCHASED AND NOT CAPITALIZED 287,733. TELFAIR BALL 508381 432707 75674 182177 121732 10192 122032 TELFAIR GATHERS 40500 40500 5847 13480 1960 9254 2 42600 30335 12265 45639 89081 1330 42443 591481 503542 87939 233663 224293 13482 173729 645167 -557228 X 0 1 X X X 0 0 0 0 0 0 0 0 0 BENJAMIN SIMONS DIRECTOR/CEO 260400 0 0 0 0 0 0 0 8340 0 268740 0 0 0 JOSEPH RUDDER CFO/COO 153600 0 0 0 0 0 0 0 5940 0 159540 0 0 0 PART I, LINE 1A THE TELFAIR DIRECTOR BELONGS TO CHATHAM CLUB (A DINING CLUB) WITH DUES OF $85 A MONTH PAID BY THE TELFAIR MUSEUM OF ART, INC. THE DINING CLUB IS USED SOLELY FOR BOARD COMMITTEE AND BUSINESS MEETINGS/LUNCHES. PART I, LINE 1B THERE IS NO WRITTEN POLICY REGARDING PAYMENT OR REIMBURSEMENT OF THE CLUB DUES AS THE CHATHAM CLUB DIRECTLY BILLS THE TELFAIR. IT IS PAID ONCE IT HAS BEEN APPROVED BY THE DIRECTOR. PART I, LINE 3 THE EXECUTIVE COMMITTEE REVIEWS COMPENSATION SURVEYS OF SIMILAR ORGANIZATIONS AS WELL AS OTHER SIMILAR ORGANIZATIONS' FORM 990S AND DETERMINES THE AMOUNT TO PRESENT TO THE BOARD OF TRUSTEES. THE BOARD APPROVES THE AMOUNT DETERMINED BY THE EXECUTIVE COMMITTEE. A SAVANNAH ECONOMIC DEVELOPMENT AUTHORITY 586001588 80483CGM7 2006-04-18 8000000 BUILDINGS AND STRUCTURES 0 0 0 A 8000000 8000000 118078 2006 0 0 1 1 A 0 0 0 0 0 0 0 A 1 1 0 0 0 0 A 0 X 48 0 FASB ASC 958 X 12 102764 FAIR MARKET VALUE 0 1 0 PART I, LINE 33: A ZERO AMOUNT WAS REPORTED ON SCHEDULE M PART 1 LINE 1, BECAUSE THE MUSEUM DOES NOT CAPITALIZE ITS COLLECTIONS, AS ALLOWED UNDER FASB ASC 958 (FORMERLY SFAS 116). FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990: THE CFO COMPARES THE FORM 990 TO PRIOR YEARS AS WELL AS THE AUDITED FINANCIAL STATEMENTS BEFORE SIGNING AND FILING THE RETURN. IT IS THEN PRESENTED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES AT THE NEXT AVAILABLE MEETING. FORM 990, PART VI, SECTION B, LINE 12C ENFORCEMENT OF CONFLICTS POLICY: IN ACCORDANCE WITH THE RESOLUTION AND CONFLICT OF INTEREST POLICY ADOPTED BY THE BOARD OF TRUSTEES OF TELFAIR MUSEUM OF ART, INC., ON JUNE 23, 2008, TRUSTEES, OFFICERS, AND COMMITTEE MEMBERS AND ANY OTHER PERSON GIVEN THE POWER TO VOTE AT BOARD OR BOARD COMMITTEE MEETINGS ARE REQUESTED TO COMPLETE THE ANNUAL DISCLOSURE STATEMENT FOR THE CONFLICT OF INTEREST POLICY AND RETURN IT PROMPTLY TO THE TELFAIR MUSEUM OF ART, INC. FORM 990, PART VI, SECTION B, LINE 15 THE DIRECTOR OF THE TELFAIR MUSEUM OF ART IS REVIEWED BY THE EXECUTIVE COMMITTEE ON AN ANNUAL BASIS. THE REVIEW IS PRESENTED TO THE DIRECTOR THROUGH THE PRESIDENT OF THE BOARD OF TRUSTEES. THE REVIEW IS COMPOSED OF THE FOLLOWING STEPS: 1) THE BOARD CHAIRPERSON SOLICITS INPUT ON PERFORMANCE FROM MEMBERS OF THE BOARD; 2) THE EXECUTIVE COMMITTEE DISCUSSES THE DIRECTOR'S PERFORMANCE AND RECOMMENDS A SALARY FOR THE FOLLOWING YEAR; 3) ONCE COMPLETED, THE REVIEW AND COMPENSATION RECOMMENDATION IS MADE AVAILABLE TO THE FULL BOARD FOR REVIEW AND APPROVAL. FOR ALL OTHER PAID OFFICERS (DIRECTORS) AND KEY EMPLOYEES OF THE MUSEUM, THE DIRECTOR REVIEWS THE ANNUAL SALARY SURVEY COMPILED BY THE ASSOCIATION OF ART MUSEUM DIRECTORS (AAMD) AND ADJUSTMENTS ARE MADE AT THE DISCRETION OF THE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 TELFAIR MUSEUM OF ART MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE FORM 990 IS ALSO AVAILABLE AT WWW.GUIDESTAR.ORG. FORM 990, PART XI, LINE 9: PURCHASES FOR THE COLLECTION, NOT CAPITALIZED -287,733.