2020-07-14T17:30:42-05:00 2019-06-30 560747981 DIXON HUGHES GOODMAN LLP 999 S SHADY GROVE RD STE 400 MEMPHIS TN 38120 990 2018-07-01 626063304 MEMPHIS BROOKS MUSEUM OF ART INC MEMP 9015446200 1934 POPLAR AVENUE MEMPHIS TN 38104 MILTON LOVELL TREASURER 9015446200 2020-07-11 1 AMY M DOOLIN P01297217 9017613000 2020-07-11 75.66.140.49 2020-07-11 10:15:34 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 24B6B5FD99F8E5425F63CC9FF33883586CC1C14C 2018 2021-01-29 14:40:06Z MILTON LOVELL 1934 POPLAR AVENUE MEMPHIS TN 38104 27184608 0 X WWW.BROOKSMUSEUM.ORG X 1989 TN THE MEMPHIS BROOKS MUSEUM OF ART ENRICHES THE LIVES OF OUR DIVERSE COMMUNITY THROUGH THE MUSEUM'S EXPANDING COLLECTION, VARIED EXHIBITIONS, AND DYNAMIC PROGRAMS THAT REFLECT THE ART OF WORLD CULTURES FROM ANTIQUITY TO PRESENT. 24 24 60 75 105256 -34975 10308834 25527340 46150 56254 296170 501300 264331 41506 10915485 26126400 0 0 0 0 2209830 2468126 0 0 894160 2147176 2416321 4357006 4884447 6558479 21241953 12532866 33415814 422662 413128 12110204 33002686 THE MEMPHIS BROOKS MUSEUM OF ART ENRICHES THE LIVES OF OUR DIVERSE COMMUNITY THROUGH THE MUSEUM'S EXPANDING COLLECTION, VARIED EXHIBITIONS, AND DYNAMIC PROGRAMS THAT REFLECT THE ART OF WORLD CULTURES FROM ANTIQUITY TO PRESENT. 0 0 2515548 56254 PUBLIC ART EXHIBITION SERVICES - EXPENDITURES FOR THE PUBLIC DISPLAY OF VARIOUS FINE ART EXHIBITIONS, BOTH FROM THE MUSEUM'S PERMANENT COLLECTION AND TRAVELING EXHIBITIONS FROM OTHER INSTITUTIONS.APPROXIMATELY 70,000 PEOPLE SERVED. 248614 PUBLIC EDUCATION SERVICES - EXPENDITURES FOR A WIDE VARIETY OF EDUCATIONAL ACTIVITIES, INCLUDING, DOCENT-LEAD TOURS AND OUTREACH ART CURRICULUM IN PUBLIC SCHOOLS. 17,500 PEOPLE SERVED. 168227 MEMBERSHIP SERVICES - EXPENDITURES IN SUPPORT AND DEVELOPMENT OF THE MUSEUM'S 3,100 MEMBERS. 2932389 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 23 0 1 60 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 TN X X PATTY BURT 9015446211 1934 POPLAR AVENUE MEMPHIS TN 38104 ROBERT G HEARD III TRUSTEE 1.00 X 0 0 0 DEBI J HAVNER TRUSTEE 1.00 X 0 0 0 JOYCE M BLACKMON TRUSTEE 1.00 X 0 0 0 NATHAN A BICKS TRUSTEE 1.00 X 0 0 0 PAM CAIN TRUSTEE 1.00 X 0 0 0 GLORIA BOYLAND TRUSTEE 1.00 X 0 0 0 RUSHTON E PATTERSON JR TRUSTEE 1.00 X 0 0 0 HONEY SCHEIDT TRUSTEE 1.00 X 0 0 0 JOHN H PONTIUS TRUSTEE 1.00 X 0 0 0 CARL PERSON VICE PRESIDENT 2.00 X 0 0 0 JAMES K PATTERSON TRUSTEE 1.00 X 0 0 0 BERNICE H HUSSEY TRUSTEE 1.00 X 0 0 0 WENDI MIHALKO SECRETARY 1.00 X 0 0 0 KOJO MCLENNON TRUSTEE 1.00 X 0 0 0 MILTON L LOVELL TREASURER 2.00 X 0 0 0 THOMAS C LEE JR TRUSTEE 1.00 X 0 0 0 LISA KRANC TRUSTEE 1.00 X 0 0 0 ELEANOR HALLIDAY TRUSTEE 1.00 X 0 0 0 HARRY L GOLDSMITH TRUSTEE 1.00 X 0 0 0 MICHAEL DRAGUTSKY TRUSTEE 1.00 X 0 0 0 DEBORAH CRADDOCK PRESIDENT 4.00 X 0 0 0 JASON MAYKOWSKI TRUSTEE 1.00 X 0 0 0 SEPTEMBER BLAIN TRUSTEE 1.00 X 0 0 0 LOGON E MEEKS TRUSTEE 1.00 X 0 0 0 EMILY NEFF EXECUTIVE DIRECTOR 40.00 X 222699 0 2700 PATTY BURT CHIEF FINANCIAL OFFICER 40.00 X 98584 0 2700 KIMBERLY CALDWELL DIRECTOR OF DEVELOPMENT 40.00 X 101783 0 2700 423066 0 8100 2 0 1 0 COMMUNITY COUNSELING SERVICE CO 461 5TH AVENUE NEW YORK NY 10017 FUNDRAISING CONSULTING 211873 US ART 78 PACELLA PARK DRIVE RANDOLPH MA 02368 ART TRANSPORTATION 124112 2 369422 120000 621448 24416470 25527340 ADMISSIONS & PROGRAMS 713990 56254 56254 56254 80995 80995 1235218 814913 420305 420305 420305 132655 120000 196405 -63750 -63750 152146 46890 105256 105256 26126400 56254 105256 437550 X 326683 150432 126107 50144 1827594 1221655 289141 316798 163051 74699 75010 13342 150798 97497 27924 25377 674839 91146 161638 422055 119821 208 115691 3922 803828 513956 160991 128881 235807 235807 145783 65564 13294 66925 1635 85 100 1450 91960 91960 110300 69116 41184 DEVELOPMENT/MUSEUM 394551 320540 23309 50702 SPECIAL EVENT EXPENSE -196405 -196405 34202 -276 23509 10969 4884447 2932389 1057898 894160 1797551 17296296 5362163 172562 117000 10744184 7678 148837 42660 46016 23352 47832 2184761 1784679 458092 400082 4724370 4560005 12532866 33415814 417164 407008 5498 6120 422662 413128 X 1109028 1200490 6583099 0 4418077 31802196 12110204 33002686 12532866 33415814 21241953 -349471 0 X X 0 1 X 1 0 X X 1 CITY OF MEMPHIS DIVISION OF PARK SERVICES 626000361 6 1 5080852 0 1 5080852 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 X PART IV, SECTION E, LINE 1C: THE MEMPHIS BROOKS MUSEUM OF ART, INC. OPERATES ITS MUSEUM FOR THE CITY OF MEMPHIS. PART IV, SECTION D, LINE 2: THE MUSEUM IS OWNED BY THE CITY OF MEMPHIS AND THEREFORE THE MANAGMENT OF THE MUSEUM IS DIRECTLY RESPONSIBLE TO THE CITY OF MEMPHIS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 4418077 30000 4448077 4418077 4418077 4418077 4418077 4418077 4418077 5418077 1000000 4418077 1.00000 0 0 1089680 875547 214133 1095081 909132 185949 400082 X 26020224 -349471 243295 -106176 26126400 0 26126400 5127742 243295 243295 4884447 0 4884447 PART III, LINE 1A: COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IF PURCHASED WITH UNRESTRICTED ASSETS AND AS DECREASES IN TEMPORARILY RESTRICTED OR NET ASSETS IF PURCHASED WITH DONOR-RESTRICTED ASSETS. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. PROCEEDS FROM INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. PART III, LINE 4: THE MUSEUM'S COLLECTIONS ARE MADE UP OF ARTIFACTS OF HISTORICAL SIGNIFICANCE AND ART OBJECTS THAT ARE HELD FOR EDUCATION, RESEARCH, SCIENTIFIC AND CURATORIAL PURPOSES. PART V, LINE 4: THESE ARE PERMANENTLY RESTRICTED FUNDS ("CORPUS") WHICH ARE INTENDED TO BE MAINTAINED IN PERPETUITY. PART X, LINE 2: THE MUSEUM IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN DETERMINED TO BE AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. HOWEVER, THE MUSEUM IS SUBJECT TO UNRELATED BUSINESS INCOME TAXES, RELATED TO THE FULL SERVICE RESTAURANT AND MUSEUM GIFT SHOP. THE MUSEUM HAS NET OPERATING LOSS CARRY FORWARDS OF $1,320,000 EXPIRING BEGINNING IN 2021. THE FOUNDATION HAS NOT RECORDED A DEFERRED TAX ASSET RELATED TO THE OPERATING LOSS CARRYFORWARDS AS MANAGEMENT DOES NOT EXPECT TO UTILIZE THEM PRIOR TO THEIR EXPIRATION. THE MUSEUM HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED AGAINST REVENUE 46,890. FUNDRAISING EXPENSES NETTED AGAINST REVENUE 196,405. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED AGAINST REVENUE 46,890. FUNDRAISING EXPENSES NETTED AGAINST REVENUE 196,405. X X X X 1 COMMUNITY COUNSELING SERVICE CO 461 5TH AVENUE NEW YORK NY 10017 FUNDRAISING CONSULTING 0 6100000 211873 5888127 6100000 211873 5888127 SMASH 24000 24000 5576 16629 GRAND AUCTION 228655 120000 108655 25000 300 148900 252655 120000 132655 30576 300 165529 196405 -63750 X X X 0 0 0 0 0 0 0 0 0 EMILY NEFF EXECUTIVE DIRECTOR 222699 0 0 0 0 0 0 0 2700 0 225399 0 0 0 X 27 SEE SCH D, PART XIII 0 1 0 PART I, COLUMN (B): THERE WERE 27 ART OBJECTS DONATED BY 15 DONORS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED IN DETAIL BY FINANCE, AUDIT AND EXECUTIVE COMMITTEES, IN ADDITION TO THE DIRECTOR AND ASSISTANT DIRECTOR. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS REVIEWED ANNUALLY WITH THE TRUSTEES, OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15A THE MUSEUM DIRECTOR'S COMPENSATION IS ESTABLISHED BY MULTI-YEAR CONTRACT AND DETERMINED BY THE EXECUTIVE COMMITTEE, WHICH CONSIDERS PRIOR COMPENSATION, ASSOCIATION OF ART MUSEUM DIRECTOR'S ANNUAL SALARY SURVEY, AND SELECTED OTHER MUSEUM 990'S. ANNUAL REVIEWS ARE CONDUCTED BY THE MUSEUM EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. THE GOVERNING DOCUMENTS ARE ALSO AVAILABLE ON THE TENNESSEE SECRETARY OF STATE WEBSITE. FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 64,876. MANAGEMENT AND GENERAL EXPENSES 161,638. FUNDRAISING EXPENSES 422,055. TOTAL EXPENSES 648,569. MANAGEMENT FEES: PROGRAM SERVICE EXPENSES 26,270. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,270. FORM 990, PAGE 11, QUESTION 2C THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.