2021-11-15T17:22:27-06:00 2020-12-31 111986323 MARCUM LLP ONE SOUTHEAST THIRD AVE SUITE 1100 MIAMI FL 33131 990 2020-01-01 592048869 JORGE M PEREZ ART MUSEUM OF MIAMI-DADE COUNTY INC JORG 3053753000 1103 BISCAYNE BLVD MIAMI FL 33132 MARK B ROSENBLUM CHIEF OPERATING OFFICER 3053753000 2021-11-15 1 MARK ROSENBLUM 999009999 MICHAEL NOVAK P01074800 3059959600 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z GREGORY C FERRERO 1103 BISCAYNE BLVD MIAMI FL 33132 16119002 0 X WWW.PAMM.ORG X 1996 FL VARIOUS MUSEUM EXHIBITIONS, EDUCATIONAL PROGRAMS, LECTURES AND OTHER RELATED EVENTS 41 39 122 30 0 0 13405930 12205909 1332717 362975 663900 585928 2595271 840554 17997818 13995366 0 0 0 0 5887989 5088560 0 0 1276044 14342989 10546957 20230978 15635517 -2233160 -1640151 165393307 166856508 12895014 14488064 152498293 152368444 X SEE ATTACHMENT IN SCHEDULE O. 0 0 9386718 795104 VARIOUS ART EXHIBITIONS, EDUCATIONAL PROGRAMS, LECTURES AND OTHER RELATED EVENTS. 9386718 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 0 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 0 0 0 0 1 52 0 122 1 0 0 0 0 0 0 0 0 0 0 X 41 39 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 FL X X MARK B ROSENBLUM 7863455660 1103 BISCAYNE BLVD MIAMI FL 33132 AARON PODHURST CHAIRMAN 4.00 X X 0 0 0 GREGORY C FERRERO PRESIDENT 4.00 X X 0 0 0 LUKE R PALACIO VICE-PRESIDENT 4.00 X X 0 0 0 DOROTHY TERRELL SECRETARY 4.00 X X 0 0 0 T CHRISTIAN ARMSTRONG TREASURER 4.00 X X 0 0 0 MITCHELL A BIERMAN AT LARGE 4.00 X 0 0 0 PADMA RAJ VATTIKUTI AT LARGE 2.00 X 0 0 0 JEFF KRINSKY EX-OFFICIO PRESIDENT 2.00 X 0 0 0 ROGER BALLOU TRUSTEE 1.00 X 0 0 0 MARIA C BECHILY TRUSTEE 4.00 X 0 0 0 KAREN H BECHTEL TRUSTEE 2.00 X 0 0 0 BARRON CHANNER TRUSTEE 1.00 X 0 0 0 ARLENE CHAPLIN TRUSTEE 1.00 X 0 0 0 MADELEINE CONWAY TRUSTEE 1.00 X 0 0 0 SEBASTIAN ECHAVARRIA TRUSTEE 1.00 X 0 0 0 JOHN D FUMAGALLI TRUSTEE 1.00 X 0 0 0 ROSE ELLEN MEYERHOFF GREENE TRUSTEE 4.00 X 0 0 0 DIANE GROB TRUSTEE 2.00 X 0 0 0 ADRI GUHA TRUSTEE 2.00 X 0 0 0 DEBORAH HOFFMAN TRUSTEE 1.00 X 0 0 0 ALEXANDER HURST TRUSTEE 1.00 X 0 0 0 ERIC G JOHNSON TRUSTEE 1.00 X 0 0 0 LAURA B KAPLAN TRUSTEE 2.00 X 0 0 0 PATRICIA M KLEH TRUSTEE 2.00 X 0 0 0 SIMON P LEVINE TRUSTEE 1.00 X 0 0 0 W PATRICK MCDOWELL TRUSTEE 2.00 X 0 0 0 DERYL MCKISSACK TRUSTEE 1.00 X 0 0 0 DIANE MOSS TRUSTEE 2.00 X 0 0 0 MARK E OREN TRUSTEE 2.00 X 0 0 0 NEDRA OREN TRUSTEE 2.00 X 0 0 0 PATRICIA PAPPER TRUSTEE 2.00 X 0 0 0 JORGE M PEREZ TRUSTEE 4.00 X 0 0 0 SYLVIA T POPE TRUSTEE 1.00 X 0 0 0 STEPHEN ROBERT TRUSTEE 1.00 X 0 0 0 CRAIG ROBINS TRUSTEE 1.00 X 0 0 0 LEE BRIAN SCHRAGER TRUSTEE 1.00 X 0 0 0 NICHOLAS J SINGER TRUSTEE 1.00 X 0 0 0 SANDRA TAMER TRUSTEE 2.00 X 0 0 0 WALID G WAHAB TRUSTEE 4.00 X 0 0 0 MARY WOLFSON TRUSTEE 1.00 X 0 0 0 ALEXA WOLMAN TRUSTEE 4.00 X 0 0 0 MARK ROSENBLUM CHIEF OPERATING OFFICER 40.00 X 210229 0 10942 FRANKLIN SIRMANS MUSEUM DIRECTOR 40.00 X 453978 0 11587 M THERESE VENTO GENERAL COUNSEL 40.00 X 162502 0 10560 EMMA HEALD DEVELOPMENT DIRECTOR 40.00 X 131123 0 8711 RENE MORALES CURATORIAL DIRECTOR 40.00 X 122920 0 9763 1080752 0 51563 5 1 1 0 ALLIED UNIVERSAL 161 WASHINGTON STREET 600 CONSHOHOCKEN PA 19428 OUTSOURCED SECURITY 777824 CENTURY RISK ADVISORS 1900 NW CORPORATE BLVD STE 400E BOCA RATON FL 33431 INSURANCE BROKER 517512 CROZIER FINE ARTS INC 525 WEST 20TH STREET NEW YORK NY 10011 FINE ART SHIPPING AND STORAGE 336680 JONES LANG LASALLE AMERICAS INC 95661 TREASURY CENTER CHICAGO IL 60694 PROPERTY MANAGEMENT 320424 VERITY PARTNERS INC 1515 S FEDERAL HWY STE 402 BOCA RATON FL 33432 IT CONSULTANTS 305307 17 290438 952305 4404804 6558362 688648 12205909 ADMISSIONS 900099 343150 343150 TRAVEL AND TOURS 900099 19825 19825 362975 314275 314275 91525 91525 504798 250090 254708 254708 254708 1607019 1335366 271653 271653 271653 407072 952305 407072 0 248803 131108 117695 117695 PARKING - BENEFIT OF PATRONS 812930 314434 314434 OTHER INCOME 900099 62192 62192 376626 13995366 795104 0 994353 789209 372394 254776 162039 3565534 1682425 1151041 732068 21668 10224 6995 4449 411583 194209 132869 84505 300566 141824 97030 61712 115646 45480 53293 16873 23634 9295 10891 3448 53880 21190 24829 7861 48533 7879 40602 52 589718 292411 224522 72785 195424 98681 96698 45 153033 72749 47934 32350 439261 256795 169893 12573 202519 202519 1187538 868958 309361 9219 53218 42629 5414 5175 396414 64355 331633 426 2840806 1807786 1004325 28695 717128 467608 238698 10822 ART COLLECTION 1473388 1473388 IN-KIND 688648 344144 344144 360 SECURITY 623549 488444 134577 528 FRIEHGT & SHIPPING 278719 270634 8085 465901 150697 285145 30059 15635517 9386718 4972755 1276044 2675510 6569657 6951841 6663027 18985760 17402517 562429 518403 514587 500551 361151 272182 134972361 23108565 114182271 111863796 17077179 18967407 4082579 4098968 165393307 166856508 1477390 886616 2029140 3609917 9230000 8530000 0 1032200 158484 429331 12895014 14488064 X 116040476 113894670 36457817 38473774 152498293 152368444 165393307 166856508 -1640151 1510302 0 X 0 1 X 1 0 X 22829344 12451940 6983508 13405930 12205909 67876631 22829344 12451940 6983508 13405930 12205909 67876631 67876631 1933202 1598247 834242 1458968 910598 6735257 2588627 2152345 628029 2331506 645254 8345761 82957649 0.81820 0.80040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 30000 0 0 0 30000 0 PART II-B, LINE 1: THE ORGANIZATION CONTRIBUTED $30,000 TO BALLARD PARTNERS, A FIRM THAT SPECIALIZES IN LEGISLATIVE ADVOCACY. BALLARD CONTINUALLY ATTEMPTS TO INFLUENCE LEGISTLATION TO FURTHER SUPPORT THE MUSEUM. THESE ACTIVITIES DID NOT CAUSE THE ORGANIZATION TO BE NOT DESCRIBED IN SECTION 501(C)(3). X X X X 0 27758296 551245 1952718 30262259 24356313 1319236 2632747 550000 27758296 25642974 12800 -1299461 24356313 23801201 1473753 918020 550000 25642974 14268065 8728105 1335181 530150 23801201 0.12580 0.87420 0 0 124869432 18272531 106596901 4413603 3461113 952490 5689326 1374921 4314405 111863796 EQUITY SECURITIES FUNDS 11471476 F FIXED INCOME FUNDS 5432393 F REAL ESTATE FUNDS 275625 F ALTERNATIVE ASSETS 1787913 F 18967407 FAIR VALUE OF DERIVATIVE - INT 179331 LINE OF CREDIT 250000 429331 X 16059491 1510302 172625 381198 2064125 13995366 0 13995366 16189340 172625 381198 553823 15635517 0 15635517 PART X, LINE 2: THE MUSEUM FOLLOWS THE PROVISIONS OF FASB ASC TOPIC 740-10 AND RELATED SUBSECTIONS FOR THE RECOGNITION, MEASUREMENT, CLASSIFICATION, AND DISCLOSURE IN THE FINANCIAL STATEMENTS OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE MUSEUM'S TAX RETURNS. AS A RESULT OF IMPLEMENTING THIS GUIDANCE, MANAGEMENT HAS DETERMINED THAT THE MUSEUM DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS AND ASSOCIATED UNRECOGNIZED BENEFITS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES. SINCE TAX MATTERS ARE SUBJECT TO SOME DEGREE OF UNCERTAINTY, THERE CAN BE NO ASSURANCE THAT THE MUSEUM'S TAX RETURNS WILL NOT BE CHALLENGED BY THE TAXING AUTHORITIES AND THAT THE MUSEUM WILL NOT BE SUBJECT TO ADDITIONAL TAX, PENALTIES, AND INTEREST AS A RESULT OF SUCH CHALLENGE. IF THE MUSEUM WERE TO INCUR AN INCOME TAX LIABILITY IN THE FUTURE, INTEREST WOULD BE REPORTED AS INTEREST EXPENSE AND PENALTIES WOULD BE REPORTED AS INCOME TAXES. PART XI, LINE 2D - OTHER ADJUSTMENTS: COGS REPORTED NET 131,108. RENTAL EXPENSES REPORTED NET 250,090. PART XII, LINE 2D - OTHER ADJUSTMENTS: COGS REPORTED NET 131,108. RENTAL EXPENSES REPORTED NET 250,090. SCHEDULE D, PART III, LINE 4 - COLLECTIONS OF ART WORKS OF ART, HISTORICAL TREASURES, OR SIMILAR ASSETS THAT ARE (A) HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FINANCIAL GAIN; (B) PROTECTED, KEPT UNENCUMBERED, CARED FOR, AND PRESERVED; AND (C) SUBJECT TO AN ORGANIZATIONAL POLICY THAT REQUIRES THE PROCEEDS OF ITEMS THAT ARE SOLD TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE MUSEUM REVISED ITS MISSION IN OCTOBER 1996, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED OR AS DECREASES IN NET ASSETS WITH DONOR RESTRICTIONS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. AS OF DECEMBER 31, 2020, THE MUSEUM'S COLLECTION CONSISTS OF 3,189 WORKS OF ART. SCHEDULE D, PART V, LINE 4 - ENDOWMENT FUNDS THE MUSEUM HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS WHICH IS PRIMARILY USED FOR EDUCATIONAL PROGRAMMING, OPERATIONS, AND ART ACQUISITIONS. PAMM GALA 1359377 952305 407072 407072 1359377 952305 407072 407072 407072 0 X X X X 0 0 0 0 0 0 0 0 0 FRANKLIN SIRMANS MUSEUM DIRECTOR 416478 0 37500 0 0 0 2857 0 8730 0 465565 0 0 0 MARK ROSENBLUM CHIEF OPERATING OFFICER 210229 0 0 0 0 0 2212 0 8730 0 221171 0 0 0 M THERESE VENTO GENERAL COUNSEL 162502 0 0 0 0 0 1870 0 8690 0 173062 0 0 0 X ADVERTISING 17 688288 REPLACEMENT COST X FOOD/BEVERAGE 1 360 REPLACEMENT COST 0 0 0 FORM 990, PART III, LINE 1 - MISSION STATEMENT OUR MISSION IS TO BE A LEADER IN THE PRESENTATION, STUDY, INTERPRETATION, AND CARE OF INTERNATIONAL MODERN AND CONTEMPORARY ART, WHILE REPRESENTING AND CHERISHING THE UNIQUE DIVERSITY OF MIAMI-DADE. THROUGH OUR EXHIBITIONS AND PROGRAMS, WE AIM TO ENCOURAGE EVERYONE TO SEE ART AS AN INCENTIVE FOR GENUINE HUMAN INTERACTION, COMMUNICATION, AND EXCHANGE. FORM 990, PART VI, SECTION A, LINE 2 NEDRA OREN AND MARK OREN - MARRIED STEPHEN ROBERT - FATHER-IN-LAW TO SEBASTIAN ECHEVARRIA FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE A SEPARATE COMMITTEE WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 WAS PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW AND APPROVAL AND TO THE BOARD FOR FINAL APPROVAL. THE RETURN WAS UPDATED FOR ANY CHANGES AS INDICATED BY THE AUDIT COMMITTEE BEFORE FINALIZING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C SELF EVALUATION FORMS ARE SENT ANNUALLY TO BOARD OF TRUSTEES AS WELL AS PERIODIC REQUESTS FROM THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS THE SALARIES OF ALL TOP OFFICALS AND OTHER OFFICERS BY REVIEWING THE COMPENSATION LEVELS SET IN THE AND SALARY SURVEY. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE PROVIDED TO THE PUBLIC UPON REQUEST.