2021-05-04T14:25:19-05:00 2020-12-31 824158464 DAVIS & COMPANY CPAS PO BOX 1552 MOUNT PLEASANT SC 29465 990 2020-01-01 203398254 INTERNATIONAL AFRICAN AMERICAN MUSEUM INTE 8438725352 10 WHARFSIDE ST CHARLESTON SC 29401 WILBUR JOHNSON ESQUIRE CHAIRMAN 8438725352 2021-05-04 1 WILBUR JOHNSON ESQUIRE 999009999 ZOE DAVIS P01057590 8438813315 2021-05-04 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z WILBUR JOHNSON ESQUIRE 10 WHARFSIDE ST CHARLESTON SC 29401 5717337 0 X WWW.IAAMUSEUM.ORG X 2007 SC LOCATED ON ONE OF THE MOST IMPORTANT SITES IN AMERICAN HISTORY, THE PORT OF ARRIVAL FOR NEARLY HALF OF ALL AFRICANS FORCED TO NORTH AMERICA, THE INTERNATIONAL AFRICAN AMERICAN MUSEUM (IAAM) IN CHARLESTON WILL ILLUMINATE THE INFLUENTIAL HISTORIES OF AFRICANS AND THEIR DESCENDANTS IN SOUTH CAROLINA, HIGHLIGHTING THEIR DIASPORIC CONNECTIONS THROUGHOUT THE NATION AND THE WORLD. 30 30 17 50 0 0 18434758 5612324 0 0 260393 105013 0 0 18695151 5717337 0 0 0 0 1006530 1009816 0 0 1852982 794270 4050835 1800800 5060651 16894351 656686 44515957 45790957 255052 662366 44260905 45128591 X LOCATED ON ONE OF THE MOST IMPORTANT SITES IN AMERICAN HISTORY, THE PORT OF ARRIVAL FOR NEARLY HALF OF ALL AFRICANS FORCED TO NORTH AMERICA, THE INTERNATIONAL AFRICAN AMERICAN MUSEUM (IAAM) IN CHARLESTON WILL ILLUMINATE THE INFLUENTIAL HISTORIES OF AFRICANS AND THEIR DESCENDANTS IN SOUTH CAROLINA, HIGHLIGHTING THEIR DIASPORIC CONNECTIONS THROUGHOUT THE NATION AND THE WORLD. 0 0 2077529 MUSEUM PLANNING - THE DEPARTMENT OF MUSEUM PLANNING AND OPERATIONS IS RESPONSIBLE FOR THE DEVELOPMENT, MANAGEMENT, AND IMPLEMENTATION OF THE MUSEUM'S CAPITAL PROGRAM, BUILDING OPERATIONS, AND BUSINESS INITIATIVES. THE DIRECTOR OF MUSEUM PLANNING AND OPERATIONS COORDINATES THE BUILDING CONSTRUCTION, BUILDING UPFIT (ARTIFACTS; FURNITURE, FIXTURES, AND EQUIPMENT, ETC.), OCCUPANCY, AND STAFF MOVE-IN FACILITIES, SECURITY, EMERGENCY PREPAREDNESS, IT, CAFE, AND STORE IN CLOSE COLLABORATION WITH THE CEO, MUSEUM STAFF, AND CAPITAL PARTNERS. A KEY FOCUS FOR THE DEPARTMENT IS 'DAY ONE PLANNING,' WHICH REFLECTS THE INTEGRATION OF ALL MUSEUM DEPARTMENTS AND OPERATIONS WITH THE CONSTRUCTION TIMELINE TO ENSURE THAT THE MUSEUM IS PREPARED TO SUCCESSFULLY OPERATE ON 'DAY ONE.' 453395 CURATORIAL AFFAIRS - TOGETHER, THE CHIEF CURATOR, IN PARTNERSHIP WITH THE EXHIBIT DESIGN PARTNER, WILL STRATEGICALLY AND THOUGHTFULLY CRAFT EVERY DETAIL OF THE MUSEUM EXPERIENCE. THIS INCLUDES ALL CONTENT AND ARTIFACTS TO BE INCLUDED IN THE MUSEUM AND ITS PROGRAMMING, AND HOW THEY WILL BE PRESENTED. 269342 EDUCATION AND ENGAGEMENT - THE DEPARTMENT OF EDUCATION AND ENGAGEMENT IS FOCUSED ON EXECUTING A ROBUST AND EFFECTIVE COMMUNITY ENGAGEMENT STRATEGY THAT WILL ENABLE THE MUSEUM TO BUILD AUTHENTIC LOCAL, REGIONAL, NATIONAL AND INTERNATIONAL RELATIONSHIPS AND SOCIAL CAPITAL WITH TARGET AUDIENCES AND ADVANCING THE MUSEUM'S OVERARCHING COMMUNITY RELATIONS. THIS SUITE OF PROGRAMMING ENDEAVORS TO ADVANCE THE MISSION OF THE MUSEUM WHILE CONNECTING THE AUDIENCES TO AFRICAN AND AFRICAN AMERICAN HISTORY AND CULTURE. THE DEPARTMENT IS ALSO ENGAGED IN DEVELOPING CONTENT AND FOUNDATIONAL INFRASTRUCTURE FOR THE MUSEUM'S EDUCATION PROGRAM. 2800266 1 1 0 0 0 0 0 1 0 0 1 0 0 1 0 1 1 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 1 15 0 17 1 0 0 0 0 0 0 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 SC X ELIJAH HEYWARD 8438725352 10 WHARFSIDE ST CHARLESTON SC 29401 WILBUR E JOHNSON ESQUIRE CHAIRPERSON 10.00 X X 0 0 0 WILLIAM KENNARD TREASURER 3.00 1.00 X X 0 0 0 MELISSA LINDLER SECRETARY 3.00 X X 0 0 0 ROBERT E BRANAN CHAIR OF FINANCE COMMITTEE 3.00 1.00 X 0 0 0 WILLIAM BARNET III BILL BOARD MEMBER 1.00 X 0 0 0 MAYOR STEVE BENJAMIN BOARD MEMBER 1.00 X 0 0 0 PEG A BREEN BOARD MEMBER 1.00 X 0 0 0 EVELYN MCGEE COLBERT BOARD MEMBER 1.00 X 0 0 0 GRADY L CROSBY BOARD MEMBER 1.00 X 0 0 0 RICHARD ELLIOTT ESQUIRE BOARD MEMBER 1.00 X 0 0 0 MICHAEL GIANONI BOARD MEMBER 1.00 X 0 0 0 JONATHAN GREEN BOARD MEMBER 1.00 X 0 0 0 CAROLYN HUNTER-HEYWARD BOARD MEMBER 1.00 X 0 0 0 ERWIN MADDREY II BOARD MEMBER 1.00 X 0 0 0 BERNARD POWER JR PHD INTERIM CEO 15.00 X X 27000 0 0 JOSEPH P RILEY JR BOARD MEMBER 30.00 1.00 X 0 0 0 KATHERINE S ROBINSON BOARD MEMBER 1.00 X 0 0 0 MINOR MICKEL SHAW BOARD MEMBER 1.00 X 0 0 0 HENRY B SMYTHE ESQ BOARD MEMBER 1.00 X 0 0 0 HALLE TECCO BOARD MEMBER 1.00 X 0 0 0 MAYOR JOHN TECKLENBURG BOARD MEMBER 1.00 X 0 0 0 COUNCILMAN KEITH WARING BOARD MEMBER 1.00 X 0 0 0 LUCILLE WHIPPER BOARD MEMBER 1.00 X 0 0 0 HENRY DARBY BOARD MEMBER 1.00 X 0 0 0 VERNITA BROWN BOARD MEMBER 1.00 X 0 0 0 JAMES HAIRSTON BOARD MEMBER 1.00 X 0 0 0 REV DR ISSAC HOLT BOARD MEMBER 1.00 X 0 0 0 J ELLIOTT SUMMEY BOARD MEMBER 1.00 X 0 0 0 DR HEATHER ANDREA WILLIAMS BOARD MEMBER 1.00 X 0 0 0 KENT MATLOCK BOARD MEMBER 1.00 X 0 0 0 VIRGINIA DEERIN MAJOR GIFTS OFFICER 40.00 1.00 X 168143 0 0 ELIJAH HEYWARD COO 40.00 1.00 X 131520 0 0 MICHAEL MOORE FORMER CEO 0.00 X 10602 0 0 337265 0 0 2 1 1 0 BCHU LLC 330 CONCORD STREET SUITE 8C CHARLESTON SC 29401 MUSEUM PLANNING & OPERATIONS CONSULTANT 219996 1 1000000 4612324 1250000 5612324 105013 105013 5717337 0 0 105013 X 309544 123840 68894 116810 570406 250011 84577 235818 129866 55732 25641 48493 29229 29229 1607334 423548 16848 1166938 93642 308 93334 111311 36990 51148 23173 15550 3608 8568 3374 39218 39218 33687 23440 1335 8912 3732 3732 CONSTRUCTION EXPENSE 1371944 1371944 BANK FEES 449252 432000 1220 16032 DISCOUNT ON PLEDGE RECE 96279 96279 MISCELLANEOUS EXPENSE 82858 7070 65488 10300 116799 72083 11197 33519 5060651 2800266 407403 1852982 2737347 6551317 12173902 2426684 9885433 6516882 11970480 16300639 12348 31085 17919 16721 13166 3401915 2192267 0 16107813 44515957 45790957 97515 329747 157537 176127 156492 255052 662366 X 1591244 34883292 42669661 10245299 44260905 45128591 44515957 45790957 656686 211000 0 X X 0 1 X 1 0 X 2594204 16619980 14709772 18434758 5612324 57971038 12251 77000 77000 36000 36000 238251 2606455 16696980 14786772 18470758 5648324 58209289 14505552 43703737 1862 6188 113714 260393 105013 487170 58696459 0.74460 0.73080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 31085 17919 13166 13166 DUE FROM RELATED PARTY IAAM SUPPORTING ORGANIZATION 16107813 16107813 X 5928337 211000 211000 5717337 0 5717337 5060651 0 5060651 0 5060651 PART III, LINE 1A: THE MUSEUM FOLLOWS THE FINANCIAL ACCOUNTING STANDARDS BOARD FASB ASC 958-310-50. COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATIONS ARE NOT CAPITALIZED. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTION IF PURCHASED WITH FUNDS WITHOUT DONOR RESTRICTION AND AS DECREASES IN NET ASSETS WITH DONOR RESTRICTIONS IF PURCHASED WITH FUNDS WITH DONOR RESTRICTIONS. GAINS FROM THE SALE OF COLLECTION ITEMS THAT ARE NOT REINVESTED IN THE PURCHASE OF NEW COLLECTION ITEMS ARE RECORDED AS INCREASES IN NET ASSETS WITHOUT DONOR RESTRICTION. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECORDED IN THE STATEMENT OF ACTIVITIES. PART X, LINE 2: US GAAP REQUIRES MANAGEMENT TO EVALUATE INCOME TAX POSITIONS TAKEN BY THE ORGANIZATION AND TO RECOGNIZE AN INCOME TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUBSTANTIATED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE ("IRS"). THE ORGANIZATION HAS IDENTIFIED ITS INCOME TAX STATUS AS A TAX-EXEMPT ENTITY AS ITS ONLY SIGNIFICANT INCOME TAX POSITION; HOWEVER, THE ORGANIZATION HAS DETERMINED THAT SUCH INCOME TAX POSITION DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. X X 1 CHAPMAN CUBINE AND HUSSEY INC 2000 15TH ST N 550 ARLINGTON VA 22201 DIGITAL AND PRINT MEMBERSHIP CAMPAIGN 0 509236 568481 -59245 509236 568481 -59245 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC FORM 990, PART I, SECTION A, LINE 2B (VI): PER THE CONTRACT WITH PROFESSIONAL FUNDRAISING ORGANIZATION, THERE WAS AN ANTICIPATED LOSS AT THE END OF YEAR ONE. 1 X X X X 1 0 0 0 0 0 0 0 0 VIRGINIA DEERIN MAJOR GIFTS OFFICER 159495 0 8648 0 0 0 0 0 0 0 168143 0 0 0 MICHAEL MOORE FORMER CEO 10602 0 0 0 0 0 0 0 0 0 10602 0 0 0 PART I, LINE 3 THE IAAM CEO COMPENSATION WAS DETERMINED THROUGH THE EXECUTIVE COMMITTEE'S SURVEY AND REVIEW OF THE SALARIES OF CEOS OF RELATIVELY COMPARABLE INSTITUTIONS IN THE LOCAL AREA, SUCH AS THE CHARLESTON MUSEUM, THE GIBBES, THE AQUARIUM, HISTORIC CHARLESTON FOUNDATION, THE COASTAL COMMUNITY FOUNDATION, ETC. ALONG WITH A REVIEW OF CEO COMPENSATION OF THOSE ENTITIES, THE EXECUTIVE COMMITTEE TOOK INTO ACCOUNT THE RELATIVE DUTIES OF THE CEOS, CONSIDERING SUCH MATTERS AS FUNDRAISING RESPONSIBILITY, MANAGEMENT SUPPORT FOR THE CEOS, STAFF CURRENTLY UNDER MANAGEMENT, PROJECTED STAFF UNDER MANAGEMENT AND UNIQUE CHALLENGES (E.G. RESPONSIBILITY FOR OVERSIGHT OF BUILDING DESIGN AND CONSTRUCTION, AND PROGRAMMING; RESPONSIBILITY FOR PARTNERSHIP WITH THE CITY STAFF; PUBLIC ENGAGEMENT). X CONSTRUCTION MATERIALS 13 1250000 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WILL BE REVIEWED BY THE BOARD OF THE INTERNATIONAL AFRICAN AMERICAN MUSEUM. ANY CHANGES WILL BE MADE BEFORE FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C EACH SERVING DIRECTOR SHALL SIGN A STATEMENT AS TO THE MUSEUM'S CONFLICTS OF INTEREST POLICY WHEN COMMENCING SERVICE ON THE BOARD AND ANNUALLY THEREAFTER. FORM 990, PART VI, SECTION B, LINE 15A THE IAAM CEO COMPENSATION WAS DETERMINED THROUGH THE EXECUTIVE COMMITTEE'S SURVEY AND REVIEW OF THE SALARIES OF CEOS OF RELATIVELY COMPARABLE INSTITUTIONS IN THE LOCAL AREA, SUCH AS THE CHARLESTON MUSEUM, THE GIBBES, THE AQUARIUM, HISTORIC CHARLESTON FOUNDATION, THE COASTAL COMMUNITY FOUNDATION, ETC. ALONG WITH A REVIEW OF CEO COMPENSATION OF THOSE ENTITIES, THE EXECUTIVE COMMITTEE TOOK INTO ACCOUNT THE RELATIVE DUTIES OF THE CEOS, CONSIDERING SUCH MATTERS AS FUNDRAISING RESPONSIBILITY, MANAGEMENT SUPPORT FOR THE CEOS, STAFF CURRENTLY UNDER MANAGEMENT, PROJECTED STAFF UNDER MANAGEMENT AND UNIQUE CHALLENGES (E.G. RESPONSIBILITY FOR OVERSIGHT OF BUILDING DESIGN AND CONSTRUCTION, AND PROGRAMMING; RESPONSIBILITY FOR PARTNERSHIP WITH THE CITY STAFF; PUBLIC ENGAGEMENT). FORM 990, PART VI, SECTION C, LINE 19 THE INTERNATIONAL AFRICAN AMERICAN MUSEUM HONORS THE REQUIREMENTS OF THE LAW GOVERNING REQUEST FOR SUCH DOCUMENTS FROM THE PUBLIC AND FEDERAL AND STATE AGENCIES. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 423,548. MANAGEMENT AND GENERAL EXPENSES 16,848. FUNDRAISING EXPENSES 1,166,938. TOTAL EXPENSES 1,607,334. FORM 990, LINE 2C THERE HAS BEEN NO CHANGE FROM THE PRIOR YEAR. IAAM SUPPORT ORGANIZATION 10 WHARF STREET CHARLESTON SC 29401 844264813 SUPPORTING ORGANIZATION SC 501(C)(3) 509(A)(3) INTERNATIONAL AFRICAN AMERICAN MUSEUM 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 IAAM SUPPORT ORGANIZATION E 16107813 CASH IAAM SUPPORT ORGANIZATION D 32022600 CASH IAAM SUPPORT ORGANIZATION N 0 IAAM SUPPORT ORGANIZATION O 0