2021-06-23T13:42:53-05:00 2020-08-31 310800053 CLARK SCHAEFER HACKETT & CO 1 EAST 4TH STREET CINCINNATI OH 45202 990 2019-09-01 205148617 TAFT MUSEUM OF ART TAFT 5132410343 316 PIKE STREET CINCINNATI OH 45202 DEBORAH EMONT SCOTT CEO 5132410343 2021-06-15 1 NATOSHA DILLEY P01225377 5132413111 2021-06-15 2019 2022-09-23 18:48:47Z DEBORAH EMONT SCOTT 316 PIKE STREET CINCINNATI OH 45202 7498501 0 X WWW.TAFTMUSEUM.ORG X 2006 OH TO PROVIDE MEANINGFUL EXPERIENCES BY CONNECTING PEOPLE WITH GREAT ART, BOTH IN A HISTORIC SETTING AND IN THE COMMUNITY. 32 32 88 114 168036 0 2508187 5471177 839611 476408 2428758 1394959 141327 108524 5917883 7451068 0 0 0 0 2802844 2918528 0 0 681891 3004449 2350429 5807293 5268957 110590 2182111 50248535 54566768 505967 1116136 49742568 53450632 TO PROVIDE MEANINGFUL EXPERIENCES BY CONNECTING PEOPLE WITH GREAT ART, BOTH IN A HISTORIC SETTING AND IN THE COMMUNITY. 0 0 3603303 345411 IN ADDITION TO THE HISTORIC TAFT HOUSE AND ITS PERMANENT ART COLLECTION, THE MUSEUM HOSTED TWO MAJOR TEMPORARY EXHIBITIONS DURING THE FISCAL YEAR. OVER 35,678 VISITORS HAVE PARTAKEN IN TOURING THE HOUSE AND VIEWING THE TRAVELING EXHIBITIONS. THE MUSEUM ALSO PROVIDES BOTH A CAFE AND A GIFT SHOP FOR THE COMFORT AND ENJOYMENT OF ITS VISITORS ALONG WITH THE OPPORTUNITIES TO RENT THE OUTSIDE GARDEN AND FACILITIES. 148457 14231 THE MUSEUM PROVIDES EDUCATIONAL PROGRAMS REACHING OUT TO SCHOOLS, FAMILIES, AND THE GENERAL PUBLIC TO ACHIEVE THE GOAL OF BRINGING THE ART COLLECTION ALIVE FOR ALL AUDIENCES. ACTIVITIES INCLUDE LECTURES, WORKSHOPS, STUDIO PROGRAMS, CONCERTS, AS WELL AS SUMMER ART CAMP AND INTERACTIVE TOURS FOR SCHOOL CHILDREN. 3751760 1 1 0 1 0 0 0 1 0 1 1 1 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 63 0 1 88 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 32 32 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 KY X BETH KIPP SILER 5132410343 316 PIKE STREET CINCINNATI OH 452024293 GERALD H GREENE CHAIR 1.50 X X 0 0 0 RICHARD L MOORE TRUSTEE 0.50 X 0 0 0 RON T BATES TRUSTEE 0.50 X 0 0 0 SHANNON CARTER TRUSTEE 0.50 X 0 0 0 PAUL W CHELLGREN CHAIR EMERITUS 0.50 X 0 0 0 PHILIP K CONE TRUSTEE 0.50 X 0 0 0 NANCY FEHR TRUSTEE 0.50 X 0 0 0 BONNIE GLEAVES TRUSTEE 0.50 X 0 0 0 NANCY GRAETER TRUSTEE 0.50 X 0 0 0 CHRISTOPHER S HABEL TRUSTEE 0.50 X 0 0 0 DAVID L HAUSRATH TREASURER 1.00 X X 0 0 0 JAMES B REYNOLDS TRUSTEE 0.50 X 0 0 0 JAMIE JEWELL TRUSTEE 0.50 X 0 0 0 RICHARD KAMMERER TRUSTEE 0.50 X 0 0 0 DARA M KENDALL TRUSTEE 0.50 X 0 0 0 JUTTA LAFLEY TRUSTEE 0.50 X 0 0 0 JOHN T LAWRENCE TRUSTEE 0.50 X 0 0 0 TIMOTHY J MALONEY TRUSTEE 0.50 X 0 0 0 PHYLLIS L MCCALLUM TRUSTEE 0.50 X 0 0 0 JILL T MCGRUDER VICE CHAIR - ELECT 1.00 X X 0 0 0 EARL K MESSER TRUSTEE 0.50 X 0 0 0 BRADFORD PHILLIPS TRUSTEE 0.50 X 0 0 0 LEONARD M RANDOLPH TRUSTEE 0.50 X 0 0 0 ELLEN RIEVESCHL TRUSTEE 0.50 X 0 0 0 KATHERINE D SCHMITT TRUSTEE 0.50 X 0 0 0 BETSY K SCHWARTZ TRUSTEE 0.50 X 0 0 0 ANNE SHANAHAN TRUSTEE 0.50 X 0 0 0 JOHN M SHEPHERD TRUSTEE 0.50 X 0 0 0 PAUL G SITTENFELD TRUSTEE 0.50 X 0 0 0 DUDLEY S TAFT JR TRUSTEE 0.50 X 0 0 0 JANE A VOTEL SECRETARY 1.00 X X 0 0 0 TERRI ABARE DOCENT CHAIR 1.00 X 0 0 0 BETH K SILER CFO 50.00 X 90721 0 20407 DEBORAH EMONT SCOTT EXECUTIVE DIRECTOR/CEO 50.00 X 240836 0 28985 LYNNE AMBROSINI- RETIRED 3120 DEPUTY DIRECTOR 50.00 X 124988 0 38289 LINDSEY NECAMP VICE PRESIDENT 50.00 X 100366 0 21889 556911 0 109570 3 0 1 0 GBBN ARCHITECTS INC 332 EAST 8TH STREET CINCINNATI OH 45202 ARCHITECTURE 409933 BUILDING MANAGEMENT PARTNERS 2100 CONNER ROAD HEBRON KY 41048 FACILITY MANAGEMENT 185258 GUARD ONE PO BOX 733803 DALLAS TX 75373 SECURITY 126950 NEW YORK HISTORICAL SOCIETY 170 CENTRAL PARK WEST NEW YORK NY 10024 EXHIBITION RENTAL 101575 HGC CONSTRUCTION 2814 STANTON AVE CINCINNATI OH 45206 CONSTRUCTION 101094 5 88240 696939 4685998 94499 5471177 MEMBERSHIP DUES 900099 185332 185332 FACILITIES RENTAL 531390 140391 140391 CAFE SALES 900099 86503 86503 ADMISSIONS 900099 49951 49951 EDUCATIONAL AND OTHER PROGRAMS 900099 14231 14231 476408 1260195 1260195 134764 0 134764 134764 134764 60009 88240 2755 57254 57254 81723 44678 37045 9400 27645 MISCELLANEOUS 900099 14225 14225 14225 7451068 359642 168036 1452213 380950 270348 35488 75114 2040900 1457461 171934 411505 65714 44669 10053 10992 282755 192203 43254 47298 148209 100745 22672 24792 32426 18571 12243 1612 29808 17071 11255 1482 24565 24565 174660 100030 65946 8684 54885 53130 1000 755 116640 31712 77934 6994 463173 361091 98945 3137 14169 9456 4585 128 530621 397966 79593 53062 109727 31500 78227 UNRELATED BUSINESS TAX 14700 14700 EXHIBITION EXPENSES 336880 336865 15 MISCELLANEOUS 154401 24994 97612 31795 FACILITY RENTAL COSTS 86232 86232 207542 203016 4526 5268957 3751760 835306 681891 575841 975826 632823 1051697 2563819 5108 270 57430 73974 175155 209632 21369322 10257951 10255580 11111371 6011693 9321399 31669094 30025135 46952 52504 50248535 54566768 444734 1001849 61233 114287 505967 1116136 X 18592179 19847983 31150389 33602649 49742568 53450632 50248535 54566768 X 2182111 635442 890511 X X 0 1 X 1 0 X 2743474 1628982 7057728 2508187 5471177 19409548 2743474 1628982 7057728 2508187 5471177 19409548 5668546 13741002 1031217 1007212 1072635 1159749 1260195 5531008 111494 50402 104970 107406 0 374272 82585 74545 101563 73310 71479 403482 25718310 3281082 0.53430 0.53780 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2015 AMOUNT: $ 10,944. 2016 AMOUNT: $ 9,472. 2017 AMOUNT: $ 21,111. 2018 AMOUNT: $ 10,270. 2019 AMOUNT: $ 14,225. SPECIAL EVENTS NET - 2015 AMOUNT: $ 71,641. 2016 AMOUNT: $ 65,073. 2017 AMOUNT: $ 80,452. 2018 AMOUNT: $ 63,040. 2019 AMOUNT: $ 57,254. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2014 503 2517 5266440 5268957 413448 103362 0 0 404341 409727 439886 413448 1667402 2501103 1714 1903 2045 2517 8179 101085 102432 109972 103362 416851 625277 1371 1522 1636 2014 6543 FORM 990, SCHEDULE C, PART II-A: THE MUSEUM HAS A MEMBERSHIP IN THE LOBBYING ORGANIZATION, OHIO CITIZENS FOR THE ARTS. THIS ORGANIZATION ADVOCATES ON BEHALF OF THE OHIO ARTS COUNCIL. X X X X X EDUCATIONAL PROGRAMS 0 18404027 987276 1144979 1277170 19259112 16502543 3159436 205522 1463474 18404027 14635591 1392480 1170787 666332 29983 16502543 12597010 998464 1583680 512580 30983 14635591 10619541 1788689 758484 544219 25485 12597010 0.44030 0.55970 1 0 60551 60551 200860 200860 18021536 8899395 9122141 1577753 1358556 219197 1508622 1508622 11111371 CONSOLIDATED INVESTMENT 9960990 F FUNDS HELD FOR THE BENEFIT OF THE MUSEUM 19588629 F BENEFICIAL INTEREST IN TRUST 475516 F 30025135 X PART III, LINE 1A: IN CONFORMITY WITH PRACTICES FOLLOWED BY MANY SIMILAR INSTITUTIONS, ART OBJECTS ARE NOT INCLUDED AS ASSETS IN THE CONSOLIDATED STATEMENT OF FINANCIAL POSITION. THE TERMS OF THE ORIGINAL DEED OF GIFT REQUIRE THAT THE ART COLLECTION DESIGNATED AS THE "TAFT COLLECTION" BE PERPETUALLY MAINTAINED AND PRESERVED UNIMPAIRED BY THE MUSEUM. PART III, LINE 4: THE TAFT MUSEUM OF ART COLLECTIONS INCLUDE EUROPEAN OLD MASTER AND 19TH-CENTURY PAINTINGS, AMERICAN PAINTINGS AND SCULPTURES, CHINESE PORCELAINS, AND EUROPEAN DECORATIVE ARTS. THE BAUM-LONGWORTH-SINTON-TAFT HOUSE, AN EXCELLENT EXAMPLE OF AMERICAN PALLADIAN ARCHITECTURE, IS ON THE NATIONAL REGISTER OF HISTORIC PLACES WITH NATIONAL LANDMARK STATUS. THE COLLECTION FURTHERS THE MUSEUM'S EXEMPT PURPOSE BY SERVING AS THE CORNERSTONE FOR THE MUSEUM'S EXHIBITIONS, PUBLIC PROGRAMS, AND EDUCATIONAL ACTIVITIES. PART V, LINE 4: THE ENDOWMENT FUNDS' EARNINGS ARE USED FOR VARIOUS REASONS SUCH AS: OPERATIONS, GARDEN UPKEEP, SUMMER ART CAMP, TO HOST SPECIAL EXHIBITIONS, AND ART LECTURES. PART X, LINE 2: THE MUSEUM HAS ADOPTED GUIDANCE RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THOSE PROVISIONS CLARIFY THE ACCOUNTING AND RECOGNITION FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE MUSEUM'S INCOME TAX RETURNS. THE MUSEUM'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE MUSEUM'S POLICY WITH REGARD TO INTEREST AND PENALTY IS TO RECOGNIZE INTEREST THROUGH INTEREST EXPENSE AND PENALTIES THROUGH OTHER EXPENSE. THE MUSEUM HAS REVIEWED ITS POSITION IN CONNECTION WITH UNRELATED BUSINESS INCOME TAX AND MANAGEMENT BELIEVES NOTHING HAS OCCURRED THAT WOULD RESULT IN AN UNCERTAIN TAX POSITION. JAZZ IN THE GARDEN GALA 148249 88240 60009 12 44 2699 148249 88240 60009 12 44 2699 2755 57254 X 1 1 X X 0 0 0 0 0 0 0 0 0 DEBORAH EMONT SCOTT EXECUTIVE DIRECTOR/CEO 240836 0 0 0 0 0 14903 0 14082 0 269821 0 0 0 LYNNE AMBROSINI- RETIRED 3120 DEPUTY DIRECTOR 124988 0 0 0 0 0 25210 0 13079 0 163277 0 0 0 PART I, LINE 1A THE CEO USES A SOCIAL CLUB FOR BUSINESS PURPOSES ONLY. X 16 94499 VALUE PER STOCK EXCHANGE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE CFO WILL REVIEW. AFTER HER REVIEW, IT WILL BE SUBMITTED TO THE MUSEUM'S AUDIT COMMITTEE. ONCE THEY HAVE REVIEWED THE 990, IT WILL BE EMAILED TO ALL BOARD MEMBERS. THEN IT WILL BE FILED. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE BOARD AND STAFF ARE REQUIRED TO FILL OUT A NEW CONFLICT OF INTEREST POLICY. ANY DISCLOSURES ON THE SUBMITTED CONFLICT OF INTEREST ARE REVIEWED FOR APPROPRIATENESS AT THE FOLLOWING FINANCE/EXEC MEETING OF THE BOARD. ANY DISCLOSURES MUST BE THEN APPROVED. FORM 990, PART VI, SECTION B, LINE 15 SALARY LEVELS ARE DETERMINED THROUGH THE USE OF COMPARISONS WITH SALARY SURVEYS FROM SIMILAR MUSEUMS IN COMBINATION WITH A REVIEW PROCESS WHICH INCLUDES AN EMPLOYEE PREPARING A SELF REVIEW THAT IS EVALUATED ALONGSIDE AN EMPLOYEE REVIEW THAT WAS PREPARED BY THE EMPLOYEE'S SUPERVISOR. THE RESULTS ARE EVALUATED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: BENEFICIAL INTEREST VALUE CHANGE 890,511. FORM 990, PART XII, LINE 2C: THE PROCESS THAT IS USED BY THE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT HAS NOT CHANGED. THE TAFT MUSEUM OF ART'S FINANCIAL INFORMATION IS CONSOLIDATED IN FINANCIAL STATEMENTS WITH THE FINANCIAL INFORMATION OF TAFT PUBLICATIONS (EIN 31-1311130). THE FINANCIAL INFORMATION OF THE TAFT MUSEUM OF ART CONSTITUTES OVER 99% OF THE FINANCIAL ACTIVITY IN THE FINANCIAL STATEMENTS. TAFT MUSEUM PUBLICATIONS INC 316 PIKE STREET CINCINNATI OH 45202 311311130 PUBLICATIONS OH 501(C)(3) LINE 7 TAFT MUSEUM OF ART 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0