2020-11-11T12:27:18-06:00 2019-12-31 580662558 HANCOCK ASKEW & CO LLP 100 RIVERVIEW DR SAVANNAH GA 31404 990 2019-01-01 580610074 TELFAIR MUSEUM OF ART INC TELF 9127908874 PO BOX 10081 SAVANNAH GA 31412 JOSEPH RUDDER CFO 9127908874 2020-11-06 true SUSAN G CORDERMAN CLIFFORD P00647789 9122348243 2020-11-06 69.63.130.7 2020-11-11 12:27:18 CS P 3042A45FF1B5F6AE6D84E00D212C520C389EE833 C1BC7921FF69979BE5FB8B9A8CC5F83E59CA0DA9 2019 2021-01-29 14:40:06Z EXTENDED TO NOVEMBER 16 2020 TELFAIR MUSEUMS JOSEPH RUDDER 18954577 false X WWW.TELFAIR.ORG X 1920 GA THE TELFAIR MUSEUM OF ART OFFERS COMPELLING EXPRESSIONS OF VISUAL CULTURE - EMBRACING THREE UNIQUE BUILDINGS AND THREE DISTINCT COLLECTIONS THAT BRIDGE THREE CENTURIES OF ART AND ARCHITECTURE. THE MUSEUM DEVELOPS AWARENESS, UNDERSTANDING, AND APPRECIATION OF THE ARTS AND SERVES AS A DYNAMIC CULTURAL CENTER CONNECTING PEOPLE OF ALL AGES AND BACKGROUNDS. 27 27 111 500 0 2622832 6004865 1716971 2262670 2311590 1580710 59344 127830 6710737 9976075 0 0 2622154 2882457 0 801767 3922314 3852179 6544468 6734636 166269 3241439 54882497 59625875 6796638 4488260 48085859 55137615 X TO ACHIEVE OUR MISSION OF OFFERING COMPELLING EXPRESSIONS OF VISUAL CULTURE, WE CONCENTRATE ON FOUR AREAS: 1) COLLECTIONS - ARCHITECTURAL LANDMARKS AND FOCUSED ART COLLECTIONS THAT REFLECT A HISTORY OF EMBRACING CONTEMPORARY VISUAL CULTURE; 2) EDUCATION - PROGRAMS AND ACTIVITIES FOR ADULTS AND CHILDREN THAT SERVE AS CATALYSTS FOR CREATIVITY AND LEARNING; 3) EXHIBITIONS - PRESENTATIONS OF REGIONAL, NATIONAL, AND INTERNATIONAL SIGNIFICANCE THAT PROVIDE ACCESS TO ART OF DIVERSE ERAS AND CULTURES; & 4) COMMUNITY ENGAGEMENT - PARTNERSHIPS AND INITIATIVES THAT STRENGTHEN TIES TO DIVERSE AUDIENCES AND ENCOURAGE ACTIVE ENGAGEMENT IN COMMUNITY LIFE. false false 2155588 1113077 EXHIBITIONS - IN 2019, TELFAIR MUSEUMS PRESENTED 35 EXHIBITIONS, 32 OF WHICH WERE ORGANIZED BY TELFAIR STAFF. HIGHLIGHTS INCLUDE KEITA TAKAHASHI: ZOOMING OUT, THE FIRST MUSEUM EXHIBITION DEDICATED TO THE WORK OF THIS LEGENDARY VIDEOGAME DESIGNER. SUZANNE JACKSON: FIVE DECADES WAS THE FIRST FULL-CAREER SURVEY DEVOTED TO THIS IMPORTANT AMERICAN ARTIST AND INCLUDED HER CONNECTIONS TO DANCE, THEATRE AND COSTUME DESIGN, POETRY, AND SOCIAL ACTIVISM. IN THE FALL OF 2019, ALL MAJOR GALLERIES WERE GIVEN OVER TO THE MONUMENTAL EXHIBITION SUMMON THE SEA CONTEMPORARY ARTISTS AND MOBY DICK, WHICH BROUGHT TOGETHER WORK BY SIX CONTEMPORARY ARTISTS WHO ACT AS EPIC STORYTELLERS AS THEY RESPOND TO, CHALLENGE, AND CELEBRATE THE ALLEGORIES PRESENTED IN MELVILLE'S LITERARY CLASSIC THROUGH LARGE-SCALE SCULPTURE, PHOTOGRAPHY, PRINTS, AND VIDEO MADE SINCE 1985. 995961 76738 EDUCATION PROGRAMS - 6,841 PRE-K THROUGH COLLEGE STUDENTS VISITED THE MUSEUMS FOR EDUCATIONAL TOURS IN 2019. OF THESE, NEARLY 3,000 ELEMENTARY STUDENTS PARTICIPATED IN FREE DISCUSSION-BASED TOURS OF THE EXHIBITION SUMMON THE SEA CONTEMPORARY ARTISTS AND MOBY DICK AND AN ADDITIONAL 400 PARTICIPATED IN FREE TOURS FOR TITLE 1 SCHOOLS. OVER 2,000 INDIVIDUALS, INCLUDING MORE THAN 800 CHILDREN WERE SERVED IN OVER 150 OUTREACH PROGRAMS TO NEIGHBORHOOD CENTERS, SCHOOLS AND VISITS TO OUTREACH SITES FROM GOLDEN AGE CENTERS TO HOSPITALS AND ORGANIZATIONS SERVING PEOPLE WITH DISABILITIES AND VETERANS. 29 EVENING LECTURE, FILM AND PERFORMANCE PROGRAMS WERE ATTENDED BY NEARLY 2,700 PARTICIPANTS. 3,200 PEOPLE TOOK PART IN THE LARGELY FREE PULSE ART AND TECHNOLOGY FESTIVAL. 7,675 INDIVIDUALS OF ALL AGES ATTENDED SIX FREE FAMILY DAYS. MORE THAN 300 CHILDREN ATTENDED PRE-K, TODDLER AND HEAD START PROGRAMS. 41 STUDIO CLASSES, CAMPS AND WORKSHOPS, WERE OFFERED AND ATTENDED BY NEARLY 1,000 ADULT AND YOUTH REGISTRANTS AND 20 STUDENTS RECEIVED FREE SCHOLARSHIPS. 2,500 PEOPLE TOOK PART IN DAILY DROP IN STUDIO ART MAKING PROGRAMS. 21 STUDENTS TOOK PART IN THE MUSEUM'S TEEN COUNCIL, PARTICIPATED IN MONTHLY PROGRAMS, AND ORGANIZED AN ART EXHIBITION FOR LOCAL HIGH SCHOOL STUDENTS. 1814916 1120965 COLLECTIONS - CURRENTLY, THE TELFAIR HOLDS OVER 7,000 WORKS OF ART, INCLUDING PAINTINGS, WORKS ON PAPER, SCULPTURE, FURNITURE, DECORATIVE ARTS AND TWO HISTORIC HOMES. THESE WORKS ARE PRIMARILY FROM EUROPE AND AMERICA, RANGING IN DATE FROM THE EIGHTEENTH CENTURY THROUGH THE PRESENT. IN 2019, THE TELFAIR ACQUIRED 93 WORKS FOR THE COLLECTION, LARGELY THROUGH GIFTS. THESE ACQUISITIONS INCLUDE PAINTINGS, WORKS ON PAPER, PHOTOGRAPHS, MIXED MEDIA AND DECORATIVE ART OBJECTS. THESE WORKS HAVE HELPED TO AUGMENT AND DIVERSIFY THE TELFAIR'S PERMANENT COLLECTION. 4966465 true true false false false false false true false true true true false false false true true false false false false false false false true false false false false true true false false false false false false false false false false true true false false false false false false false true 69 0 true 111 true false false false false false true true false false false false false false X 27 27 false false false false false false false true true false false false true true true true true true true false GA X X JOSEPH RUDDER 9127908874 TELFAIR MUSEUM OF ART INCPO BOX 10081 SAVANNAH GA 31412 ROBIN NICHOLSON DIRECTOR/CEO 50.00 X X 212585 0 6187 JOSEPH RUDDER CFO 50.00 X X 105000 0 0 MALCOLM L BUTLER TRUSTEE 3.00 X 0 0 0 LEDA CHONG TRUSTEE 3.00 X 0 0 0 SYLVIA COKER TRUSTEE 3.00 X 0 0 0 JAN DORMAN SECRETARY 10.00 X X 0 0 0 MEREDITH R DULANY TRUSTEE 3.00 X 0 0 0 ROBERT FAIRCLOTH TRUSTEE 3.00 X 0 0 0 BRENT HARLANDER TRUSTEE 3.00 X 0 0 0 HUGUENIN THOMAS III TRUSTEE 3.00 X 0 0 0 JOHN J NEELY III LEGAL COUNSE 10.00 X X 0 0 0 CATHERINE V JOHNSTON TRUSTEE 3.00 X 0 0 0 DALE C CRITZ JR CHAIRMAN 10.00 X X 0 0 0 JOSH KELLER VICE CHAIR 10.00 X X 0 0 0 TED J KLEISNER IMMEDIATE PA 10.00 X X 0 0 0 DR M ANN LEVETT TRUSTEE 3.00 X 0 0 0 LESLIE B LITTLEJOHN TRUSTEE 3.00 X 0 0 0 KENDALL MCCURRY TRUSTEE 3.00 X 0 0 0 DR WILLIAM T MOORE TREASURER 10.00 X X 0 0 0 J WILSON MORRIS TRUSTEE 3.00 X 0 0 0 DAVE NEISES TRUSTEE 3.00 X 0 0 0 REBECCA OGDEN TRUSTEE 3.00 X 0 0 0 DAVID E PADDISON TRUSTEE 3.00 X 0 0 0 TOM REILLY VICE CHAIR 10.00 X X 0 0 0 SWANN SEILER CHAIR-ELECT 10.00 X X 0 0 0 KIMBERLY SMITH TRUSTEE 3.00 X 0 0 0 KELLY L BOUCHILLON SR TRUSTEE 3.00 X 0 0 0 VINCENT WEST TRUSTEE 3.00 X 0 0 0 SUSAN WILLETTS TRUSTEE 3.00 X 0 0 0 317585 6187 2 false true false SUNSTATES SECURITY LLC PO BOX 896583 CHARLOTTE NC 28289 SECURITY 407485 INFINITY INC 10 CHATHAM CENTER DRIVE SUITE 300 SAVANNAH GA 31405 UTILITIES 123491 JANI-KING OF SAVANNAH 3665 WHEELER ROAD SUITE 1A AUGUSTA GA 30909 JANITORIAL 112640 3 221628 814154 212500 4756583 667169 6004865 MUSEUM ADMISSIONS 713990 2199339 2199339 EDUCATION PROGRAM REVENUE 611710 63331 63331 2262670 533931 533931 200288 8482 191806 191806 191806 9086968 8040189 1046779 1046779 1046779 461870 814154 573956 -112086 -112086 396096 355875 40221 40221 MISCELLANEOUS 900099 7889 7889 7889 9976075 2310780 1660430 317585 158792 79397 79396 2175802 1685661 279371 210770 212252 158690 31938 21624 176818 132561 24859 19398 2040 2040 34376 34376 456412 343509 46283 66620 288802 195355 16059 77388 219738 102179 65754 51805 147009 73505 36752 36752 771844 579458 76954 115432 24145 6061 9668 8416 10892 2723 4357 3812 146340 146340 963231 818746 96323 48162 159337 119503 15933 23901 CURATORIAL EXPENSES 423764 420205 3559 EDUCATION 122566 122566 CREDIT CARD PROCESSING FE 81683 46951 34732 6734636 4966465 966404 801767 1137565 1302092 639443 1081165 142050 104507 71391 83704 297358 278830 34776343 11645796 23867318 23130547 22604353 25744403 4361734 5170644 1761285 2729983 54882497 59625875 457048 514102 433241 249836 5906349 3724322 6796638 4488260 X 27516365 31547703 20569494 23589912 48085859 55137615 54882497 59625875 X 3241439 3858380 -48063 X false true X true false X 2150896 1931798 3092307 2622832 6004865 15802698 2150896 1931798 3092307 2622832 6004865 15802698 1615003 14187695 599840 562179 591168 570284 533931 2857402 18660100 8131875 0.76030 0.72590 X PART II, LINE 10 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X false 26900169 303116 4758040 1859155 30102170 30345234 -1428048 2017017 26900169 28303413 707590 4061400 2574966 152203 30345234 26085291 2141100 2232246 2008830 146394 28303413 17622842 9034921 273314 845786 26085291 0.41540 0.46620 0.11840 true false 1254866 1254866 29408816 8236442 21172374 4112661 3409354 703307 23130547 LIMITED PARTNERSHIPS 5170644 F 5170644 X 13984527 3858380 3858380 10126147 -150072 -150072 9976075 6932771 198135 198135 6734636 6734636 SCHEDULE D, PAGE 1, PART III, LINE 1A COLLECTIONS: THE COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE MUSEUM'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENTS OF FINANCIAL POSITION. THE COLLECTIONS INCLUDE TWO DONATED HISTORIC LANDMARK HOMES, FURNISHINGS, PAINTINGS AND FINE AND DECORATIVE ART OBJECTS. ALL ITEMS IN THE COLLECTIONS ARE DEEMED INEXHAUSTIBLE ASSETS. THE BOARD ADHERES TO THE ASSOCIATION OF ART MUSEUM DIRECTORS (AAMD) GUIDELINES AND POLICIES ON DEACCESSION AND INTERNAL COLLECTIONS MANAGEMENT. UNEXPENDED PROCEEDS FROM DEACCESSIONS ARE REFLECTED IN BOARD-DESIGNATED NET ASSETS UNTIL SUCH TIME AS PROCEEDS ARE SPENT ON NEW ACQUISITIONS. SCHEDULE D, PAGE 2, PART III, LINE 4 THE COLLECTIONS INCLUDE TWO HISTORICAL HOMES, FURNISHINGS, PAINTINGS, AND FINE AND DECORATIVE ART OBJECTS. SCHEDULE D, PAGE 2, PART V, LINE 4 THE MUSEUM'S ENDOWMENT CONSISTS OF SEVERAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES TO INCLUDE BOTH INCOME AND COLLECTION PURPOSES. SCHEDULE D, PAGE 3, PART X TAX STATUS FOOTNOTE - THE MUSEUM HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL TAX UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE, EXCEPT FOR TAXES ON ACTIVITIES UNRELATED TO ITS EXEMPT PURPOSE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE THE TAX POSITIONS TAKEN BY THE MUSEUM AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE MUSEUM HAS AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS CONCLUDED THAT AS OF DECEMBER 31, 2019, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN BY THE MUSEUM THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. MANAGEMENT BELIEVES THAT IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS BEGINNING PRIOR TO 2016. SCHEDULE D, PAGE 4, PART XI, LINE 4B COGS ON LINE 10B INCLUDED IN PAYROLL EXPENSE IN AUDITED FS -150,072 SCHEDULE D, PAGE 4, PART XII, LINE 2D COGS ON LINE 10B INCLUDED IN PAYROLL EXPENSE IN AUDITED FS 150,072 COLLECTION ITEMS PURCHASED AND NOT CAPITALIZED 48,063 TELFAIR BALL 1094704 733251 361453 167624 88125 12397 134060 GUEST LECTURE 56195 29808 26387 5316 7404 14164 6 125125 51095 74030 25697 94573 6775 17821 1276024 814154 461870 198637 190102 19172 166045 573956 -112086 X false true X X X false false false false false false false false false ROBIN NICHOLSON DIRECTOR/CEO 212585 6187 218772 SCHEDULE J, PAGE 1, PART I, LINE 1A THE TELFAIR DIRECTOR BELONGS TO CHATHAM CLUB (A DINING CLUB) WITH DUES OF 85 A MONTH PAID BY THE TELFAIR MUSEUM OF ART, INC. THE DINING CLUB IS USED SOLELY FOR BOARD COMMITTEE AND BUSINESS MEETINGS/LUNCHES. SCHEDULE J, PAGE 1, PART I, LINE 1B THERE IS NO WRITTEN POLICY REGARDING PAYMENT OR REIMBURSEMENT OF THE CLUB DUES AS THE CHATHAM CLUB DIRECTLY BILLS THE TELFAIR. IT IS PAID ONCE IT HAS BEEN APPROVED BY THE DIRECTOR. SCHEDULE J, PAGE 1, PART I, LINE 3 THE EXECUTIVE COMMITTEE REVIEWS COMPENSATION SURVEYS OF SIMILAR ORGANIZATIONS AS WELL AS OTHER SIMILAR ORGANIZATIONS' FORM 990S AND DETERMINES THE APPROPRIATE AMOUNT TO PRESENT TO THE BOARD OF TRUSTEES. THE BOARD APPROVES THE AMOUNT DETERMINED BY THE EXECUTIVE COMMITTEE. A SAVANNAH ECONOMIC DEVELOPMENT AUTHO 586001588 80483CGM7 2006-04-18 8000000 BUILDINGS AND STRUCTURES false false false A 4189787 8000000 118078 2006 false false true true A false false false false false false false A true true false false false false A false PURPOSE OF ISSUE DESCRIPTION SAVANNAH ECONOMIC DEVELOPMENT AUTHOR BUILDINGS AND STRUCTURES X 35 X 23 667169 FAIR MARKET VALUE false false false SCHEDULE M, PAGE 1, PART I, LINE 33 A ZERO AMOUNT WAS REPORTED ON SCHEDULE M PART I LINE 1, BECAUSE THE MUSEUM DOES NOT CAPITALIZE ITS COLLECTIONS, AS ALLOWED UNDER SFAS 116. FORM 990, PAGE 1, ITEM C TELFAIR MUSEUMS FORM 990 - ORGANIZATION'S MISSION TO ACHIEVE OUR MISSION OF OFFERING COMPELLING EXPRESSIONS OF VISUAL CULTURE, WE CONCENTRATE ON FOUR AREAS: 1) COLLECTIONS - ARCHITECTURAL LANDMARKS AND FOCUSED ART COLLECTIONS THAT REFLECT A HISTORY OF EMBRACING CONTEMPORARY VISUAL CULTURE; 2) EDUCATION - PROGRAMS AND ACTIVITIES FOR ADULTS AND CHILDREN THAT SERVE AS CATALYSTS FOR CREATIVITY AND LEARNING; 3) EXHIBITIONS - PRESENTATIONS OF REGIONAL, NATIONAL, AND INTERNATIONAL SIGNIFICANCE THAT PROVIDE ACCESS TO ART OF DIVERSE ERAS AND CULTURES; & 4) COMMUNITY ENGAGEMENT - PARTNERSHIPS AND INITIATIVES THAT STRENGTHEN TIES TO DIVERSE AUDIENCES AND ENCOURAGE ACTIVE ENGAGEMENT IN COMMUNITY LIFE. FORM 990, PAGE 2, PART III, LINE 4A EXHIBITIONS - IN 2019, TELFAIR MUSEUMS PRESENTED 35 EXHIBITIONS, 32 OF WHICH WERE ORGANIZED BY TELFAIR STAFF. HIGHLIGHTS INCLUDE KEITA TAKAHASHI: ZOOMING OUT, THE FIRST MUSEUM EXHIBITION DEDICATED TO THE WORK OF THIS LEGENDARY VIDEOGAME DESIGNER. SUZANNE JACKSON: FIVE DECADES WAS THE FIRST FULL-CAREER SURVEY DEVOTED TO THIS IMPORTANT AMERICAN ARTIST AND INCLUDED HER CONNECTIONS TO DANCE, THEATRE AND COSTUME DESIGN, POETRY, AND SOCIAL ACTIVISM. IN THE FALL OF 2019, ALL MAJOR GALLERIES WERE GIVEN OVER TO THE MONUMENTAL EXHIBITION SUMMON THE SEA CONTEMPORARY ARTISTS AND MOBY DICK, WHICH BROUGHT TOGETHER WORK BY SIX CONTEMPORARY ARTISTS WHO ACT AS EPIC STORYTELLERS AS THEY RESPOND TO, CHALLENGE, AND CELEBRATE THE ALLEGORIES PRESENTED IN MELVILLE'S LITERARY CLASSIC THROUGH LARGE-SCALE SCULPTURE, PHOTOGRAPHY, PRINTS, AND VIDEO MADE SINCE 1985. FORM 990, PAGE 2, PART III, LINE 4B EDUCATION PROGRAMS - 6,841 PRE-K THROUGH COLLEGE STUDENTS VISITED THE MUSEUMS FOR EDUCATIONAL TOURS IN 2019. OF THESE, NEARLY 3,000 ELEMENTARY STUDENTS PARTICIPATED IN FREE DISCUSSION-BASED TOURS OF THE EXHIBITION SUMMON THE SEA CONTEMPORARY ARTISTS AND MOBY DICK AND AN ADDITIONAL 400 PARTICIPATED IN FREE TOURS FOR TITLE 1 SCHOOLS. OVER 2,000 INDIVIDUALS, INCLUDING MORE THAN 800 CHILDREN WERE SERVED IN OVER 150 OUTREACH PROGRAMS TO NEIGHBORHOOD CENTERS, SCHOOLS AND VISITS TO OUTREACH SITES FROM GOLDEN AGE CENTERS TO HOSPITALS AND ORGANIZATIONS SERVING PEOPLE WITH DISABILITIES AND VETERANS. 29 EVENING LECTURE, FILM AND PERFORMANCE PROGRAMS WERE ATTENDED BY NEARLY 2,700 PARTICIPANTS. 3,200 PEOPLE TOOK PART IN THE LARGELY FREE PULSE ART AND TECHNOLOGY FESTIVAL. 7,675 INDIVIDUALS OF ALL AGES ATTENDED SIX FREE FAMILY DAYS. MORE THAN 300 CHILDREN ATTENDED PRE-K, TODDLER AND HEAD START PROGRAMS. 41 STUDIO CLASSES, CAMPS AND WORKSHOPS, WERE OFFERED AND ATTENDED BY NEARLY 1,000 ADULT AND YOUTH REGISTRANTS AND 20 STUDENTS RECEIVED FREE SCHOLARSHIPS. 2,500 PEOPLE TOOK PART IN DAILY DROP IN STUDIO ART MAKING PROGRAMS. 21 STUDENTS TOOK PART IN THE MUSEUM'S TEEN COUNCIL, PARTICIPATED IN MONTHLY PROGRAMS, AND ORGANIZED AN ART EXHIBITION FOR LOCAL HIGH SCHOOL STUDENTS. FORM 990, PAGE 6, PART VI, LINE 11B THE CFO COMPARES THE FORM 990 TO PRIOR YEARS AS WELL AS THE AUDITED FINANCIAL STATEMENTS BEFORE SIGNING AND FILING THE RETURN. IT IS THEN PRESENTED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES AT THE NEXT AVAILABLE MEETING. FORM 990, PAGE 6, PART VI, LINE 12C IN ACCORDANCE WITH THE RESOLUTION AND CONFLICT OF INTEREST POLICY ADOPTED BY THE BOARD OF TRUSTEES OF TELFAIR MUSEUM OF ART, INC., ON JUNE 23, 2008 TRUSTEES, OFFICERS, AND COMMITTEE MEMBERS AND ANY OTHER PERSON GIVEN THE POWER TO VOTE AT BOARD OR BOARD COMMITTEE MEETINGS ARE REQUESTED TO COMPLETE THE ANNUAL DISCLOSURE STATEMENT FOR THE CONFLICT OF INTEREST POLICY AND RETURN IT PROMPTLY TO THE TELFAIR MUSEUM OF ART, INC. FORM 990, PAGE 6, PART VI, LINE 15A THE DIRECTOR OF THE TELFAIR MUSEUM OF ART IS REVIEWED BY THE EXECUTIVE COMMITTEE ON AN ANNUAL BASIS. THE REVIEW IS PRESENTED TO THE DIRECTOR THROUGH THE PRESIDENT OF THE BOARD OF TRUSTEES. THE REVIEW IS COMPOSED OF THE FOLLOWING STEPS: 1) THE BOARD CHAIRPERSON SOLICITS INPUT ON PERFORMANCE FROM MEMBERS OF THE BOARD; 2) THE EXECUTIVE COMMITTEE DISCUSSES THE DIRECTOR'S PERFORMANCE AND RECOMMENDS A SALARY FOR THE FOLLOWING YEAR; 3) ONCE COMPLETED, THE REVIEW AND COMPENSATION RECOMMENDATION IS MADE AVAILABLE TO THE FULL BOARD FOR REVIEW AND APPROVAL. FORM 990, PAGE 6, PART VI, LINE 15B FOR ALL OTHER PAID OFFICERS (DIRECTORS) AND KEY EMPLOYEES OF THE MUSEUM, THE DIRECTOR REVIEWS THE ANNUAL SALARY SURVEY COMPILED BY THE ASSOCIATION OF ART MUSEUM DIRECTORS (AAMD) AND ADJUSTMENTS ARE MADE AT THE DISCRETION OF THE DIRECTOR. FORM 990, PAGE 6, PART VI, LINE 19 TELFAIR MUSEUM OF ART MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE FORM 990 IS ALSO AVAILABLE AT WWW.GUIDESTAR.ORG. FORM 990, PART XI, LINE 9 PURCHASES FOR THE COLLECTION, NOT CAPITALIZED -48,063