2025-07-09T12:19:51-05:00 2024-12-31 450250958 EIDE BAILLY LLP 18081 BURT ST STE 200 OMAHA NE 680224722 990 2024-01-01 470384577 JOSLYN ART MUSEUM JOSL 4023423300 2200 DODGE ST OMAHA NE 68102 ELIZABETH A POWELL DIRECTOR OF FINANCE & OPER. 4023423300 2025-07-09 1 1 WENDY R COOLEY CPA P01523804 4023302660 2025-07-09 2024 2025-03-06 01:10:19Z JACK BECKER 2200 DODGE ST OMAHA NE 68102 26650891 0 X WWW.JOSLYN.ORG X 1931 NE ART PRESERVATION, PRESENTATION, AND LEARNING & EDUCATION. 26 26 162 114 31669 0 25768994 23377079 56667 68809 -88466 -8794 594717 333057 26331912 23770151 0 0 0 0 3627954 4684909 0 0 1364043 7670711 13848562 11298665 18533471 15033247 5236680 136962833 140639411 8247648 6687671 128715185 133951740 X THE JOSLYN BRINGS PEOPLE TOGETHER TO EXPLORE ART ACROSS TIME AND CULTURES. 1 0 3914175 68809 LEARNING & ENGAGEMENT: THE MISSION OF THE JOSLYN'S LEARNING & ENGAGEMENT DEPARTMENT IS TO EQUIP THE GENERAL PUBLIC WITH SKILLS TO ENJOY, UNDERSTAND, APPRECIATE, AND ENGAGE WITH ART OF VARIOUS TIME PERIODS AND CULTURES. TO THIS END, THE MUSEUM PROVIDES INTERPRETIVE PROGRAMMING IN A VARIETY OF FORMATS TAILORED TO DIFFERENT LEARNING STYLES, INTERESTS, AND NEEDS. THE JOSLYN OFFERS PROGRAMS FOR YOUTH, FAMILY, AND ADULT AUDIENCES AND PK-16 STUDENTS AND TEACHERS. THROUGH GUIDED TOURS, LECTURES, GALLERY TALKS, OUTREACH PROGRAMS, STUDIO CLASSES AND CAMPS, PROGRAMS FOR TEACHERS, AND SPECIAL EVENTS, THE JOSLYN STRIVES TO PROVIDE QUALITY ARTS EDUCATION EXPERIENCES FOR ITS DIVERSE CONSTITUENCIES. 2795839 0 PRESENTATION: ON SEPTEMBER 10, 2024, THE MUSEUM REOPENED TO THE PUBLIC FOLLOWING A TWO-YEAR CLOSURE FOR EXPANSION AND RENOVATION. A NEW ENTRY ATRIUM WELCOMES VISITORS AND 16,000 SF OF GALLERY SPACE HOUSES THE PHILLIP G. SCHRAGER COLLECTION AND OTHER CONTEMPORARY ART. GALLERIES IN THE EXISTING BUILDINGS WERE REINSTALLED WITH NEW INTERPRETATIONS, INCLUDING A GROUND-BREAKING REIMAGINING OF THE AMERICAN GALLERIES. ACROSS THE MUSEUM, OVER 100 WORKS NEW TO THE COLLECTION WERE ON VIEW. OVER 90,000 VISITORS CAME IN JUST A FEW MONTHS, ENJOYING ART, THE REJUEVENATED GARDENS, AND NEW AMENITIES. 2236671 PRESERVATION: INCLUDING OVER 12,000 OBJECTS, THE PERMANENT COLLECTION REPRESENTS 5,000 YEARS OF HUMAN CREATIVITY AND THE WORD'S DIVERSE CULTURES. A COMPLETE REINSTALLATION OF THE PERMANENT COLLECTION WAS UNDERTAKEN OVER THE LAST TWO YEARS IN ANTICIPATION OF THE SEPTEMBER 2024 REOPENING OF THE MUSEUM. WITH THIS REVITALIZED DISPLAY, WE SHOWCASE THE MUSEUM'S RENOWNED COLLECTIONS, ASSERT THE RELEVANCE OF ART AND HISTORICAL OBJECTS TO CONTEMPORARY ISSUES, DIVERSIFY THE IDENTITIES AND EXPERIENCES REPRESENTED IN THE GALLERIES, AND FOSTER CONNECTIONS AMONG ARTWORKS ACROSS COLLECTION AREAS, INCLUDING ANCIENT MEDITERRANEAN ART, EUROPEAN ART, AMERICAN ART, NATIVE AMERICAN ART, 20TH CENTURY ART, CONTEMPORARY ART, AND ASIAN ART. 2236672 299698 SIGNIFICANT ITEMS IN OTHER PROGRAM REVENUE INCLUDE THE HITCHCOCK MUSEUM SHOP NET SALES REVENUE AND EXHIBITION RENTAL FEES. 2236672 299698 11183357 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 37 0 1 162 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 26 26 1 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 1 1 1 0 X ELIZABETH POWELL 4023423300 2200 DODGE STREET OMAHA NE 68102 H DELE DAVIES MD VICE CHAIR 1.00 0.00 X X 0 0 0 WALLACE R WEITZ VICE CHAIR 1.00 0.00 X X 0 0 0 DUSTY DAVIDSON TREASURER 1.00 0.00 X X 0 0 0 KIRK KELLNER CHAIR 1.00 0.00 X X 0 0 0 KELLY THEDINGER BOARD MEMBER 1.00 0.00 X 0 0 0 LANCE LARSEN BOARD MEMBER 1.00 0.00 X 0 0 0 SUSAN LEBENS BOARD MEMBER 1.00 0.00 X 0 0 0 JOHN P NELSON BOARD MEMBER 1.00 1.00 X 0 0 0 LISA MSMITH BOARD MEMBER 1.00 0.00 X 0 0 0 ROBERT SCHLOTT BOARD MEMBER 1.00 0.00 X 0 0 0 HARLEY SCHRAGER BOARD MEMBER 1.00 0.00 X 0 0 0 STACY SIMON BOARD MEMBER 1.00 0.00 X 0 0 0 FRED HUNZEKER BOARD MEMBER 1.00 0.00 X 0 0 0 DIANE LANDEN BOARD MEMBER 1.00 0.00 X 0 0 0 MARY D DAUGHERTY BOARD MEMBER 1.00 0.00 X 0 0 0 JUDI GAIASHKIBOS BOARD MEMBER 1.00 0.00 X 0 0 0 JULIE FRITZ BOARD MEMBER 1.00 0.00 X 0 0 0 RAE DYER BOARD MEMBER 1.00 0.00 X 0 0 0 HENRY DAVIS BOARD MEMBER 1.00 0.00 X 0 0 0 SYLVIA B COHN BOARD MEMBER 1.00 0.00 X 0 0 0 TIFFANY WHITE-WELCHEN BOARD MEMBER 1.00 0.00 X 0 0 0 DAVID WIESMAN BOARD MEMBER 1.00 0.00 X 0 0 0 KENNY ROCKER BOARD MEMBER 1.00 0.00 X 0 0 0 PAUL G SMITH BOARD MEMBER 1.00 0.00 X 0 0 0 CRAIG STARR BOARD MEMBER 1.00 0.00 X 0 0 0 KRISSY HAMM BOARD MEMBER 1.00 0.00 X 0 0 0 JACK BECKER EXECUTIVE DIRECTOR & CEO 40.00 10.00 X 556706 0 22566 AMY RUMMEL DIR. OF MARKETING & PUBLIC RELATIONS 40.00 0.00 X 103805 0 3301 NANCY ROUND DIRECTOR OF LEARNING & ENGAGEMENT 40.00 0.00 X 107491 0 17782 ELIZABETH A POWELL DIRECTOR OF FINANCE & OPERATIONS 40.00 2.00 X 143279 0 17600 TAYLOR J ACOSTA CHIEF CURATOR 40.00 0.00 X 146089 0 4712 1057370 0 65961 5 0 1 0 KIEWIT BUILDING GROUP 15002 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 CONSTRUCTION MANAGEMENT 18530571 DESIGN COMMUNICATIONS LLC 85 BODWELL STREET AVON MA 02322 SIGNAGE MANAGEMENT 957117 ALLEY POYNER MACCHIETTA ARCHITECTURE IN 1516 CUMING STREET OMAHA NE 68102 ARCHITECTURAL SERVICES 712556 MEDIASPARK 14707 CALIFORNIA STREET OMAHA NE 68154 ADVERTISING 325731 ASCENT 303 EAST WACKER DR STE 1127 CHICAGO IL 60601 PROJECT MANAGEMENT 204713 8 98006 14421 2679411 4739338 15845903 2292053 23377079 EDUCATION PROGRAMS 611710 68809 68809 68809 65944 65944 7790 7790 56634 24965 31669 31669 31669 2688658 2689005 74391 -347 -74391 -74738 -74738 17353 14421 23453 -6100 -6100 200309 68926 131383 131383 OTHER REVENUE 900099 164450 164450 RIGHTS & REPRODUCTIONS 900099 2665 2665 VENDING REVENUE 900099 1200 1200 168315 23770151 368507 31669 -7104 428684 63105 239369 126210 3546943 2848540 293467 404936 67578 59484 5948 2146 371754 294598 30456 46700 269950 206998 34017 28935 48535 48535 25342 25342 35145 35145 80456 80456 88956 21731 62878 4347 265314 194034 33718 37562 1200810 1173172 20263 7375 58778 56623 2155 71547 71547 2698584 2625175 52917 20492 203274 199463 2747 1064 CAMPAIGN PROJECT EXPENS 5605738 5029722 576016 PURCHASE OF ART 2826911 2826911 LEARNING AND ENGAGEMENT 261996 261996 CURATORIAL & COLLECTION 140932 140932 236244 130139 106105 18533471 11183357 5986071 1364043 10609647 2249780 17946629 16622912 607063 727607 8944 172517 500893 180522 133400856 13251777 104891836 120149079 2397821 536994 136962833 140639411 6247648 3546525 0 141146 2000000 3000000 8247648 6687671 X 32017507 116001800 96697678 17949940 128715185 133951740 136962833 140639411 5236680 -125 0 X X 0 1 X 1 0 X 13672683 48668513 36042407 25768994 23377079 147529676 13672683 48668513 36042407 25768994 23377079 147529676 72201300 75328376 10185 35279 42720 160756 130368 379308 147908984 3073395 0.50930 0.49100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 56499307 3511004 7268556 2521474 64757393 46122823 5399677 7395634 2418827 56499307 53687920 2224256 -7597160 2192193 46122823 40115773 8872302 6497887 1798042 53687920 35849067 1534500 4453830 1721624 40115773 0.00420 0.73940 0.25640 0 1 1 3889794 3889794 118803559 12039759 106763800 10707503 1212018 9495485 120149079 DUE TO FOUNDATION 3000000 3000000 X PART III, LINE 1A: THE MUSEUM OPENED TO THE PUBLIC IN 1931. GIFTS FROM INDIVIDUAL COLLECTORS AND FROM OMAHA'S TWO MAIN ART SOCIETIES FORMED THE BASIS OF THE MUSEUM'S COLLECTION. A SUBSTANTIAL ENDOWMENT BEQUEATHED BY FOUNDER SARAH JOSLYN IN 1940 SUPPORTED THE PURCHASE OF EUROPEAN OLD MASTER PAINTINGS. IN THE SUCCEEDING YEARS, THE PERMANENT COLLECTION HAS GROWN TO INCLUDE OVER 12,000 OBJECTS REPRESENTING 5,000 YEARS OF HUMAN CREATIVITY AND THE WORLD'S DIVERSE CULTURES. AREAS OF FOCUS INCLUDE: ANCIENT MEDITERRANEAN, EUROPEAN, AMERICAN, NATIVE AMERICAN, MODERN, CONTEMPORARY, ASIAN, AND DECORATIVE ARTS. THE MUSEUM HOLDS ITS COLLECTION IN PUBLIC TRUST. THE MUSEUM RESPONSIBLY COLLECTS, PRESERVES, DOCUMENTS, AND EXHIBITS WORKS OF ART, ENSURING THEY REMAIN IN GOOD CONDITION AND ACCESSIBLE TO THE PUBLIC FOR GENERATIONS TO COME. IN CONFORMITY WITH ACCOUNTING POLICIES GENERALLY FOLLOWED BY ART MUSEUMS, THE VALUE OF THE MUSEUM'S ART COLLECTION HAS BEEN EXCLUDED FROM THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION, AND GIFTS OF ART OBJECTS ARE EXCLUDED FROM REVENUE IN THE CONSOLIDATED STATEMENTS OF ACTIVITIES. PURCHASES OF ART OBJECTS BY THE MUSEUM ARE RECORDED AS DECREASES IN NET ASSETS IN THE CONSOLIDATED STATEMENTS OF ACTIVITIES. PURSUANT TO STATE LAW AND MUSEUM POLICY, PROCEEDS FROM THE SALE OF ART AND RELATED INSURANCE SETTLEMENTS ARE RECORDED AS TEMPORARILY RESTRICTED NET ASSETS FOR THE ACQUISITION OF ART. PART III, LINE 4: JOSLYN ART MUSEUM'S COLLECTIONS ARE DESCRIBED ABOVE IN THE RESPONSE TO PART III, LINE 1A. WORKS OF ART ARE DISPLAYED THROUGHOUT THE MUSEUM FOR THE PUBLIC'S ENJOYMENT AND EDUCATION. PART V, LINE 4: THE ENDOWMENT FUNDS ARE TO BE USED FOR THE BETTERMENT OF THE JOSLYN ART MUSEUM. PART X, LINE 2: MANAGEMENT BELIEVES THAT THE MUSEUM HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. LECTURE LUNCHEON 31774 14421 17353 12792 2374 8287 31774 14421 17353 12792 2374 8287 23453 -6100 X X X X X 0 1 0 0 0 0 0 1 0 JACK BECKER EXECUTIVE DIRECTOR & CEO 342778 0 211325 0 2603 0 8703 0 14927 0 580336 0 0 0 ELIZABETH A POWELL DIRECTOR OF FINANCE & OPERATIONS 130405 0 11563 0 1311 0 4815 0 13374 0 161468 0 0 0 TAYLOR J ACOSTA CHIEF CURATOR 134740 0 11250 0 99 0 4712 0 702 0 151503 0 0 0 PART I, LINE 4B A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN UNDER IRC SECTION 457(F) IS AVAILABLE TO THE EXECUTIVE DIRECTOR AND DEPARTMENT DIRECTORS. DURING 2024, (2) EMPLOYEES PARTICIPATED IN THE PLAN: TAYLOR ACOSTA AND NANCY ROUND. ELECTED DEFERRALS AMOUNTS ARE AS FOLLOWS: $23,000, AND $2,600, RESPECTIVELY, INTO THE 457(F) PLAN. JOSLYN ART MUSEUM DID NOT MAKE ANY CONTRIBUTIONS TO THE PLAN FOR ANY EMPLOYEES. PART I, LINE 7 MUSEUM LEADERSHIP IS AWARDED AN ANNUAL BONUS BASED ON PERFORMANCE REVIEWS. THE EXECUTIVE COMMITTEE OF THE BOARD APPROVES THE EXECUTIVE DIRECTOR/CEO'S BONUS, UPON THE RECOMMENDATION OF THE COMPENSATION COMMITTEE. THE EXECUTIVE DIRECTOR/CEO APPROVES THE BONUSES FOR THE DIRECTOR OF FINANCE & OPERATIONS AND THE CHIEF CURATOR. JACK BECKER WAS PAID A BONUS DURING 2024 UNDER AN EMPLOYMENT CONTRACT. X 88 X 6 2284173 AVG OF HIGH-LOW X SUPPLIES 4 7880 FAIR MARKET VALUE 2 0 1 0 PART I, COLUMN (B): COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. PART I, LINE 33: THE MUSEUM DOES NOT RECORD THE ARTWORK COLLECTION'S VALUE ON THE FINANCIALS IN ACCORDANCE WITH FAS 116. FORM 990, PART III, LINE 2 ON MAY 3RD, 2022 THE MUSEUM CLOSED TO THE PUBLIC DUE TO CONSTRUCTION. HOWEVER, OFF-SITE PROGRAMMING WAS CONDUCTED AND CONTINUED THROUGHOUT THE CLOSURE. WORKS FROM THE COLLECTIONS WERE SEEN ON NATIONAL EXHIBITION TOURS AND LOANS DURING THE MUSEUM CLOSURE. THE MUSEUM REOPENED TO THE PUBLIC IN THE FALL OF 2024 AFTER A TWO YEAR CLOSURE. FORM 990, PART VI, SECTION A, LINE 1A EXCEPT AS OTHERWISE PROVIDED BY THE BOARD OF GOVERNORS, THE EXECUTIVE COMMITTEE SHALL HAVE ALL OF THE AUTHORITY OF THE BOARD OF GOVERNORS EXCEPT THE AUTHORITY PROHIBITED IN THIS SECTION OF THIS ARTICLE V. THE EXECUTIVE COMMITTEE SHALL REPORT ALL OF ITS OFFICIAL ACTIONS TO THE BOARD OF GOVERNORS AT THE FIRST MEETING OF THE BOARD OF GOVERNORS FOLLOWING A MEETING OF THE EXECUTIVE COMMITTEE AT WHICH SUCH ACTION WAS TAKEN. FORM 990, PART VI, SECTION A, LINE 2 DUSTY DAVIDSON, HENRY DAVIS, FRED HUNZEKER, SUSAN LEBENS, ROBERT SCHLOTT AND PAUL SMITH HAVE VARIED BUSINESS RELATIONSHIPS. FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE COPY OF THE FORM 990 WILL BE PROVIDED TO THE BOARD OF GOVERNORS PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C EVERY THREE YEARS THE ORGANIZATION REQUESTS A FAMILY AND ORGANIZATION RELATIONSHIP DISCLOSURE THAT WOULD INCLUDE ANY POTENTIAL CONFLICTS OF INTEREST. THIS IS ALSO DONE FOR EVERY NEW BOARD MEMBER. THE EXECUTIVE DIRECTOR, CHAIRMAN OF THE BOARD OF GOVERNORS, AND LEGAL COUNSEL MONITOR AND ENFORCE THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 FOR THE EXECUTIVE DIRECTOR, A SUBSET OF THE EXECUTIVE COMMITTEE REVIEWS COMPARABLE SALARY INFORMATION FROM AVAILABLE SOURCES TO DETERMINE SALARY AND BONUS. SALARY CHANGES AND BONUS PAYMENTS ARE COMMUNICATED TO THE FINANCE DIRECTOR FOR PROCESSING VIA LETTER OR EMAIL BY THE CHAIRMAN OF THE BOARD OF GOVERNORS. FOR KEY POSITIONS, THE EXECUTIVE DIRECTOR REVIEWS COMPARABLE SALARY INFORMATION FROM AVAILABLE SOURCES, PRIMARILY A SALARY SURVEY COMPLETED ANNUALLY BY THE AMERICAN ASSOCIATION OF MUSEUM DIRECTORS. SALARY CHANGES ARE COMMUNICATED TO THE DIRECTOR OF FINANCE VIA EMAIL OR COMPENSATION ADJUSTMENT FORM. DURING 2024, THE COMPENSATION COMMITTEE COMPLETED A STUDY OF EXECUTIVE COMPENSATION AND DRAFTED AND EXECUTED A NEW EMPLOYMENT CONTRACT FOR THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 JOSLYN ART MUSEUM DOES NOT CURRENTLY MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE 2C: THE FINANCE & FACILITIES COMMITTEE IS RESPONSIBLE FOR THE REVIEW OF THE ORGANIZATION'S CONSOLIDATED FINANCIAL STATEMENTS AND AUDIT. THEY ARE ALSO RESPONSIBLE FOR THE SELECTION OF THE ORGANIZATION'S INDEPENDENT ACCOUNTING FIRM. THERE WERE NO CHANGES IN THE OVERSIGHT PROCESS OR SELECTION PROCESS FROM THE PRIOR YEAR. JOSLYN ART MUSEUM FOUNDATION 2200 DODGE STREET OMAHA NE 68102 470835035 SUPPORT AND INVESTMENT MANAGEMENT NE 501(C)(3) LINE 12A, I JOSLYN ART MUSEUM 1 0 0 1 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 JOSLYN ART MUSEUM FOUNDATION C 2679411 CASH TRANSFERRED EQUALS FMV JOSLYN ART MUSEUM FOUNDATION Q 263672 CASH TRANSFERRED EQUALS FMV