2023-09-14T14:09:11-05:00 2022-12-31 510076769 GUNNIP & COMPANY LLP 2751 CENTERVILLE RD STE 300 WILMINGTON DE 19808 990 2022-01-01 510065746 DELAWARE ART MUSEUM INC DELA 3025719590 2301 KENTMERE PARKWAY WILMINGTON DE 19806 DENISE DAVIS CHIEF FINANCIAL OFFICER 3024281720 2023-09-14 1 DENISE DAVIS 999009999 1 MICHAEL A TROLIO CPA P00357423 3022255000 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DENISE DAVIS 2301 KENTMERE PKWY WILMINGTON DE 19806 32139077 0 X WWW.DELART.ORG X 1912 DE COLLECT,PRESERVE,EXHIBIT, & INTERPRET WORKS OF ART 22 22 67 87 0 0 4281861 3116137 253990 397903 975662 -3187518 -370170 -394426 5141343 -67904 0 0 0 0 1706651 2102914 0 0 288024 3649433 3491547 5356084 5594461 -214741 -5662365 55509505 48275110 265880 293805 55243625 47981305 THE MUSEUM'S MISSION IS TO CONNECT PEOPLE TO ART, OFFERING AN INCLUSIVE AND ESSENTIAL COMMUNITY RESOURCE THAT THROUGH ITS COLLECTIONS, EXHIBITIONS, AND PROGRAMS GENERATES CREATIVE ENERGY THAT SUSTAINS, ENRICHES, EMPOWERS, AND INSPIRES. 0 0 3107450 109633 CURATORIAL EXPENSES FOR THE CONSERVATION & EXHIBITION OF ART 950637 303546 EDUCATION 4058087 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 110 0 1 67 1 0 0 0 0 0 1 1 0 0 0 0 X 22 22 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X X X STACEY HARTNETT 3023518533 2301 KENTMERE PKWY WILMINGTON DE 19806 ALYSSA S O'CONNELL TRUSTEE 1.00 X 0 0 0 BARAK BASSMAN TRUSTEE 1.00 X 0 0 0 CAROLE ANGEL ASST SECRETARY 1.00 X 0 0 0 CHRISTINE MORITZ FIRST VICE PRESIDENT 1.00 X X 0 0 0 CHRISTOPHER SAVAGE TRUSTEE 1.00 X 0 0 0 DANIEL LINDLEY TREASURER 1.00 X X 0 0 0 DAVID POLLACK PRESIDENT 1.00 X X 0 0 0 ELVA B FERRARI-GRAHAM TRUSTEE 1.00 X X 0 0 0 ERIC SMITH TRUSTEE 1.00 X 0 0 0 FATIMAH CONLEY TRUSTEE 1.00 X 0 0 0 GEORGE MELDRUM TRUSTEE 1.00 X 0 0 0 GERRET VAN S COPELAND CHAIRMAN 1.00 X X 0 0 0 JAN JESSUP TRUSTEE 1.00 X 0 0 0 JEANANA LLOYD SECRETARY 1.00 X 0 0 0 KEN ALDRIDGE TRUSTEE 1.00 X X 0 0 0 RONALD VARNEY TRUSTEE 1.00 X 0 0 0 SHEILA CANBY VOSS TRUSTEE 1.00 X 0 0 0 STEPHANIE HOOPES TRUSTEE 1.00 X 0 0 0 SUSAN THOMAS SECOND VICE PRESIDENT 1.00 X 0 0 0 THOM SHUMOSIC TRUSTEE 1.00 X 0 0 0 TONI BUSH NEAL TRUSTEE 1.00 X 0 0 0 YVETTE SANTIAGO TRUSTEE 1.00 X 0 0 0 DENISE DAVIS CHIEF FINANCIAL OFFICER 24.00 X 74643 0 3732 MOLLY GIORDANO EXECUTIVE DIRECTOR 40.00 X 170159 0 20605 244802 0 24337 1 0 1 0 ICORPS TECHNOLOGIES INC 300 TRADE CENTER SUITE 6540 WOBURN MA 01801 IT SERVICE 141611 1 147560 1427336 1541241 187950 3116137 EDUCATION 611710 288270 288270 ADMISSIONS 900099 78744 78744 CURATORIAL 900099 30889 30889 397903 635819 635819 27630998 31454335 -3823337 -3823337 -3823337 6948 2242 4706 4706 335996 750404 -414408 -414408 MISCELLANEOUS 900099 15276 15276 15276 -67904 -3410158 0 226117 X 244802 244802 1858112 1219927 467881 170304 95119 72182 22937 84773 18336 53216 13221 684130 604710 61552 17868 182410 40000 142410 ALLOCATION OF MAINTENAN 875320 773705 78754 22861 EXHIBITS 470076 470076 CONTRACT SERVICES 306669 209532 74755 22382 COLLECTION ACCESSIONS 301133 301133 491917 348486 102043 41388 5594461 4058087 1248350 288024 2915063 3099135 3752843 2533184 14444 23395 134735 112177 164195 204813 37388753 19194360 18832197 18194393 28489988 23036132 1206040 1071881 55509505 48275110 199907 208615 65973 85190 265880 293805 X 44135197 38901335 11108428 9079970 55243625 47981305 55509505 48275110 -5662365 -1599955 0 X X 0 1 X 1 0 X 4834176 7052049 3688359 4281861 3116137 22972582 377215 392631 147090 253990 397903 1568829 5211391 7444680 3835449 4535851 3514040 24541411 1349769 4684197 476209 916192 672311 8098678 0 1349769 4684197 476209 916192 672311 8098678 16442733 523594 574658 448797 545494 738480 2831023 523594 574658 448797 545494 738480 2831023 5734985 8019338 4284246 5081345 4252520 27372434 0.60070 0.59860 0.10340 0.09770 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 34629122 1575501 -4467318 4527390 27209915 32025331 2437168 3681733 3515110 34629122 29610966 1562505 3086296 2234436 32025331 23063507 5947947 4250844 3651332 29610966 24945529 4613674 -1457509 5038187 23063507 1 0 608260 608260 34853952 17687314 17166638 300795 44919 255876 1625746 1462127 163619 18194393 X -1667859 -1599955 -1599955 -67904 0 -67904 5293328 0 5293328 301133 301133 5594461 PART V, LINE 4: ENDOWMENT EARNINGS ARE USED BY THE MUSEUM TO FUND MUSEUM OPERATIONS AND ART AND CAPITAL ACQUISITIONS. PART X, LINE 2: THE MUSEUM FOLLOWS FASB ASC 740 - INCOME TAXES. FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021, THE MUSEUM HAS DETERMINED IT DID NOT HAVE A MATERIAL TAX LIABILITY FOR UNCERTAIN TAX POSITIONS. PART XII, LINE 4B - OTHER ADJUSTMENTS: COLLECTION ACCESSION SCHEDULE D, PART III, LINE 4 THE MUSEUM HOUSES 12,586 WORKS OF ART, INCLUDING MAJOR COLLECTION OF AMERICAN ILLUSTRATION FOCUSED ON HOWARD PYLE AND ILLUSTRATORS OF THE BRANDYWINE VALLEY; THE LARGEST COLLECTION OF PRE-RAPHAELITE ART OUTSIDE THE UNITED KINGDOM; AND A SURVEY OF AMERICAN ART IN ALL MEDIA (1757-PRESENT). THE AMERICAN ART COLLECTION INCLUDES SIGNIFICANT HOLDINGS OF MODERN AMERICAN PAINTING BY JOHN SLOAN AND THE EIGHT, CONTEMPORARY AMERICAN ART FROM THE REGION, AND A SCULPTURE GARDEN WITH WORK BY NATIONALLY RECOGNIZED CONTEMPORARY ARTISITS. THE MUSEUM'S HELEN FARR SLOAN LIBRARY & ARCHIVES CONTAINS OVER 40,000 ART AND REFERENCE VOLUMES AS WELL AS OVER 2,000 LINEAR FEET OF ARCHIVAL MATERIAL RELATED TO THE COLLECTIONS. 0 0 0 0 0 0 0 0 0 MOLLY GIORDANO EXECUTIVE DIRECTOR 170159 0 0 0 0 0 0 0 20605 0 190764 0 0 0 X 33 0 X 0 X 6 195466 AVERAGE OF HIGH & LOW 0 1 0 FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE MUSEUM CONSIST OF PERSONS WHO PAY DUES ESTABLISHED FOR ANY CLASS OF MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A ANNUAL MEETINGS OF THE MEMBERSHIP ARE HELD TO VOTE ON THE ELECTION OF TRUSTEES AND REVIEW THE BUSINESS OF THE MUSEUM. FORM 990, PART VI, SECTION B, LINE 11B THE MUSEUM'S BY-LAWS GIVE RESPONSIBILITY FOR OVERSEEING THE FILING OF FORM 990 TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. THE AUDIT COMMITTEE REVIEWS THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE MUST CERTIFY ANNUALLY THAT THEY HAVE REVIEWED THE ETHICS GUIDELINES FOR TRUSTEES AND DISCLOSE ANY POSSIBLE VIOLATION OF THE PRINCIPLES SET FORTH THEREIN. SIMILARLY, EVERY YEAR ALL EMPLOYEES MUST CERTIFY THAT THEY HAVE REVIEWED THE EMPLOYEE CODE OF ETHICS AND DISCLOSE ANY POSSIBLE VIOLATION OF THE PRINCIPLES SET FORTH THEREIN. ALL DISCLOSURES ARE REVIEWED BY THE AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE BY-LAWS REQUIRE THAT THE COMPENSATION FOR THE EXECUTIVE DIRECTOR BE SET BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. IN ESTABLISHING THE LEVEL OF COMPENSATION THE COMMITTEE FOLLOWS THE PROCESS DESCRIBED BELOW WHICH IS USED BY MANAGEMENT IN ESTABLISHING COMPENSATION FOR EMPLOYEES. A POSITION DESCRIPTION IS PREPARED AND PERIODICALLY UPDATED FOR EACH POSITION IN THE MUSEUM. COMPENSATION GUIDELINES FOR EACH POSITION ARE ESTABLISHED BY THE HUMAN RESOURCES MANAGER BY BENCHMARKING THE POSITIONS AGAINST THE SAME OR SIMILAR POSITIONS IN OTHER MUSEUMS AND/OR OTHER LOCAL ENTITIES WHICH EMPLOY INDIVIDUALS WHO WOULD COMPETE FOR THE POSITION (E.G., A DEVELOPMENT POSITION IN OTHER NOT-FOR-PROFIT ORGANIZATIONS WOULD COMPETE FOR A MUSEUM DEVELOPMENT POSITION). SALARY RANGE BENCHMARKS ARE ESTABLISHED BY USING SURVEYS CONDUCTED BY THE ASSOCIATION OF ART MUSEUM DIRECTORS (AAMD), AND SURVEYS OF LOCAL NOT-FOR-PROFIT ORGANIZATIONS. THE MUSEUM ENDEAVORS TO SET EACH EMPLOYEE'S SALARY WITHIN THE SALARY RANGE BASED ON THE EMPLOYEES DEMONSTRATED LEVEL OF COMPETENCIES FORM 990, PART VI, SECTION C, LINE 19 THE MUSEUM'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON ITS WEBSITE. THE MUSEUM'S FORM 990, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST STATEMENT ARE AVAILABLE ON REQUEST. FORM 990, PART IX, LINE 24E PROGRAMS: PROGRAM SERVICE EXPENSES 172,594. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 172,594. OTHER: PROGRAM SERVICE EXPENSES 18,318. MANAGEMENT AND GENERAL EXPENSES 19,216. FUNDRAISING EXPENSES 41,318. TOTAL EXPENSES 78,852. CONSERVATION AND COLLECTION CARE: PROGRAM SERVICE EXPENSES 78,338. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 78,338. PRINTING: PROGRAM SERVICE EXPENSES 31,872. MANAGEMENT AND GENERAL EXPENSES 24,617. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 56,489. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 10,331. MANAGEMENT AND GENERAL EXPENSES 35,554. FUNDRAISING EXPENSES 70. TOTAL EXPENSES 45,955. MAINTENANCE: PROGRAM SERVICE EXPENSES 21,201. MANAGEMENT AND GENERAL EXPENSES 10,383. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,584. POSTAGE AND SHIPPING: PROGRAM SERVICE EXPENSES 15,832. MANAGEMENT AND GENERAL EXPENSES 12,273. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,105. PART XII, LINE 2C EXPLANATION THE PROCESS FOR OVERSIGHT OF THE AUDITED FINANCIAL STATEMENTS AND SELECTING THE OUTSIDE INDEPENDENT AUDITORS HAS NOT CHANGED FROM THE PRIOR YEAR.