2019-11-14T17:01:51-06:00 2019-06-30 731293433 STANFIELD O'DELL PC 1350 S BOULDER AVE STE 800 TULSA OK 74119 990 2018-07-01 730579279 THE PHILBROOK MUSEUM OF ART INC PHIL 9187485326 PO BOX 52510 TULSA OK 741520510 PAUL NELSON CHIEF OPERATING OFFICER 9187485326 2019-11-12 1 JUSTIN A MOORE CPA P00420306 9186280500 2019-11-11 172.127.36.57 2019-11-12 11:45:22 CS P AB3BA78EB8E087EDF4C8C04B4E8D643AD8A1DFA1 61C2C867FD20093F2419FAF5A9999F5F3DAC64E8 2018 2020-04-17 16:48:07Z PAUL NELSON 2727 S ROCKFORD ROAD TULSA OK 74114 24255448 0 X WWW.PHILBROOK.ORG X 1939 OK ART MUSEUM COMPLEX: HISTORIC HOUSE,ART COLLECTIONS,GALLERIES,FORMAL GARDENS,2ND DOWNTOWN FACILITY 59 58 202 150 0 0 5849629 3955566 672212 715365 1250143 1499682 223281 14790247 7995265 20960860 0 0 0 0 4884602 5248786 0 0 940091 3578479 3782826 8463081 9031612 -467816 11929248 58962380 71053026 3357547 2813261 55604833 68239765 X MAKE A CREATIVE AND CONNECTED COMMUNITY THROUGH ART AND GARDENS TO BE CENTRAL TO THE LIVES OF OUR COMMUNITY AS A PLACE FOR LEARNING, INSPIRATION, FUN. THROUGH BOLD ACTION AND STRATEGIC INVESTMENT, CREATE A SPACE FOR NEW IDEAS, DIVERSE STORIES AND PERSPECTIVES, SOCIAL CONNECTION. 0 0 2334986 558569 MUSEUM OPERATIONS: MAINTAIN THE FACILITY FOR PUBLIC VIEWING OF ART COLLECTIONS. THE MUSEUM'S HISTORIC STRUCTURES AND STATE-OF-THE-ART FACILITIES PROVIDE A UNIQUE PLATFORM OF EXPERIENCE FOR OUR VISITORS. OUR EFFORTS ALSO PRESERVE AN IMPORTANT ELEMENT OF TULSA'S HISTORY WHILE SERVING AS A DEFINING RESOURCE FOR OUR COMMUNITY AND REGION. 1774101 4268 EXHIBITS AND PERMANENT ART COLLECTION MAINTENANCE: ENSURE THE QUALITY OF PERMANENT ART COLLECTIONS AND PROVIDE SPECIAL TOURING EXHIBITS AND PROGRAMS TO ENHANCE ART APPRECIATION. THE MUSEUM'S PERMANENT COLLECTION OFFERS VISITORS A BROAD VIEW OF MAJOR ART MOVEMENTS IN WESTERN CIVILIZATION, AS WELL AS SUPERB EXAMPLES OF NON-WESTERN AESTHETIC EXPRESSION. IN ADDITION, THE MUSEUM PROVIDES APPROXIMATELY 8 SPECIAL/TEMPORARY EXHIBITIONS ANNUALLY. THESE EXHIBITIONS STRIVE TO PRESENT THE FINEST EXAMPLES OF ARTISTIC ACHIEVEMENT AVAILABLE WHILE PROVIDING A FOIL OR COMPLEMENT TO THE WORKS ON SEMI-PERMANENT DISPLAY WITHIN OUR GALLERIES. 1071457 83567 EDUCATION: INCREASE PUBLIC KNOWLEDGE OF ART THROUGH EDUCATIONAL PROGRAMMING. INCREASING THE RELEVANCE OF THE VISUAL ARTS WITHIN THE DAILY LIVES OF OUR VISITORS IS ONE OF THE MUSEUM'S KEY OBJECTIVES. OUR EDUCATIONAL EFFORTS FOCUS ON ENGAGING AN EXPANDING AUDIENCE WITH THE BEAUTY, CHALLENGES, HISTORIES, AND INSPIRATION OF A COMPLEX CULTURE AND ITS VISUAL EXPRESSION. VARIOUS PROGRAMS ARE AVAILABLE FOR ADULTS, CHILDREN, AND FAMILIES INCLUDING ART CLASSES, LECTURES, INTERACTIVE PROGRAMMING, AND SELF-GUIDED ART ACTIVITIES. THERE IS ALSO AN ACTIVE DOCENT PROGRAM. 2441561 14739044 2441561 14739044 7622105 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 1 81 0 1 202 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 59 58 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OK X DONNA DURRIN DIRECTOR OF FINANCE 9187485324 2727 S ROCKFORD ROAD TULSA OK 74114 HAL ALLEN DIRECTOR 0.25 X 0 0 0 JONATHAN ANTHONY DIRECTOR 0.25 X 0 0 0 SHELLY ARMSTRONG DIRECTOR 0.25 X 0 0 0 DIANA BENIEN DIRECTOR 0.25 X 0 0 0 SARAH BUCHAN DIRECTOR 0.25 X 0 0 0 IRENE BURNSTEIN DIRECTOR 0.25 X 0 0 0 DOUG CAMPBELL DIRECTOR 0.25 X 0 0 0 PATRICIA CHERNICKY DIRECTOR 0.25 X 0 0 0 LAURA COLGAN DIRECTOR 0.25 X 0 0 0 TERRI COLLINS DIRECTOR 0.25 X 0 0 0 CARLIN CONNER DIRECTOR 0.25 X 0 0 0 CASEY COOPER DIRECTOR 0.25 X 0 0 0 JW CRAFT DIRECTOR 0.25 X 0 0 0 ERIN DONOVAN DIRECTOR 0.25 X 0 0 0 GAYLE EBY DIRECTOR 0.25 X 0 0 0 JESSE GUARDIOLA DIRECTOR 0.25 X 0 0 0 SHIELA HAYNES DIRECTOR 0.25 X 0 0 0 BARBARA HEYMAN DIRECTOR 0.25 X 0 0 0 STEVE HEYMAN DIRECTOR 0.25 X 0 0 0 GREG HOLT DIRECTOR 0.25 X 0 0 0 WILL IHLOFF DIRECTOR 0.25 X 0 0 0 JEANNINE IRWIN DIRECTOR 0.25 X 0 0 0 MARCI JOHNSON DIRECTOR 0.25 X 0 0 0 ANNE JONES DIRECTOR 0.25 X 0 0 0 BONNIE KLEIN DIRECTOR 0.25 X 0 0 0 STACY KYMES DIRECTOR 0.25 X 0 0 0 BOB LAFORTUNE DIRECTOR 0.25 X 0 0 0 BEN LATHAM DIRECTOR 0.25 X 0 0 0 PHIL LAUINGER DIRECTOR 0.25 X 0 0 0 BILL LOBECK DIRECTOR 0.25 X 0 0 0 ROXANA LORTON DIRECTOR 0.25 X 0 0 0 CARLISLE MABREY DIRECTOR 0.25 X 0 0 0 MARCIA MACLEOD DIRECTOR 0.25 X 0 0 0 STEVE MITCHELL DIRECTOR 0.25 X 0 0 0 JOHN MOREHEAD DIRECTOR 0.25 X 0 0 0 DAVID PAGE DIRECTOR 0.25 X 0 0 0 JULIE PHILLIPS PUCKETT DIRECTOR 0.25 X 0 0 0 FRAUKE QUIROGA DIRECTOR 0.25 X 0 0 0 JANA SHOULDERS DIRECTOR 0.25 X 0 0 0 WHITTNEY STAUFFER DIRECTOR 0.25 X 0 0 0 MELINDA STINNETT DIRECTOR 0.25 X 0 0 0 SHERI STINSON DIRECTOR 0.25 X 0 0 0 RYAN TANNER DIRECTOR 0.25 X 0 0 0 SUSAN THOMAS DIRECTOR 0.25 X 0 0 0 SCOTT VAUGHN DIRECTOR 0.25 X 0 0 0 SUZANNE WARREN DIRECTOR 0.25 X 0 0 0 GERRI WEBB DIRECTOR 0.25 X 0 0 0 MONICA WILLIFORD DIRECTOR 0.25 X 0 0 0 STEVE D WRIGHT DIRECTOR 0.25 X 0 0 0 MEGAN ZETIK DIRECTOR 0.25 X 0 0 0 CATHEY BARKLEY SECRETARY 0.25 X X 0 0 0 HOWARD BARNETT CHAIRMAN 0.25 X X 0 0 0 GENTNER DRUMMOND VICE PRESIDENT 0.25 X X 0 0 0 JOHN HEWITT VICE PRESIDENT 0.25 X X 0 0 0 LARRY LEE VICE-CHAIRMAN 0.25 X X 0 0 0 BOB PETERSON VICE PRESIDENT 0.25 X X 0 0 0 SCOTT STULEN CEO/PRESIDENT 35.00 X X 193838 0 40300 BILL THOMAS VICE PRESIDENT 0.25 X X 0 0 0 DON WELLENDORF TREASURER 0.25 X X 0 0 0 PAUL NELSON COO 35.00 X 132304 0 6886 DONNA DURRIN DIRECTOR OF FINANCE 35.00 X 102614 0 5729 428756 0 52915 3 0 1 0 0 383441 709767 76413 2785945 2568 3955566 MUSEUM SERVICES 900099 282530 282530 MUSEUM ADMISSIONS 900099 255445 255445 MUSEUM OTHER 900099 118161 118161 MUSEUM EDUCATION 900099 59229 59229 715365 2314785 2314785 2145683 2960786 -815103 -815103 -815103 240868 709767 120704 120164 120164 451422 213098 238324 238324 SALE OF COLLECTION ITEM 900099 14427211 14427211 OTHER REVENUE 900099 4548 4548 14431759 20960860 15385448 0 1619846 444827 244655 133448 66724 3800964 3281192 35969 483803 164886 132353 9212 23321 535610 429861 29994 75755 302499 242752 16962 42785 7647 412 7235 100765 45165 25650 29950 218148 218148 111542 99661 10067 1814 186893 166368 20525 19416 16808 2335 273 3420 2095 858 467 648768 630242 12378 6148 92611 76182 9648 6781 22801 13727 4494 4580 105194 105194 1018094 1007969 6750 3375 143532 127484 15259 789 CONTRACT SERVICES 156957 156957 OTHER EXPENSES 102468 102468 EXHIBITION EXPENSE 92546 92546 ENTERTAINMENT & PROMOTI 79878 79878 672146 349988 149157 173001 9031612 7622105 469416 940091 99663 186289 2343302 0 1446766 1216852 22455 0 40452 35566 116344 128750 34856232 21257375 14481474 13598857 39104767 54777322 1307157 1109390 58962380 71053026 577190 363670 2780357 2449591 3357547 2813261 X 6594603 28068424 20429560 10582271 28580670 29589070 55604833 68239765 58962380 71053026 X 11929248 934745 -229061 X 0 1 X 1 0 X 4006985 4946745 2436490 5849629 3955566 21195415 4006985 4946745 2436490 5849629 3955566 21195415 618894 20576521 2436967 2364970 1378596 1404874 2314785 9900192 31095607 9900192 0.66170 0.64450 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 39104767 1013916 2069164 2028893 218148 39940806 38011723 442543 2526824 1655447 220876 39104767 35001861 295454 4637983 1716820 206755 38011723 37470925 513610 -1055370 1725844 201460 35001861 38574130 1321548 -552525 1625089 247139 37470925 0.05760 0.73870 0.20370 1 0 2412477 2412477 15783205 12746841 3036364 6128677 2961508 3167169 2667439 2239410 428029 7864434 3309616 4554818 13598857 NOTES---CAPITAL LEASE OBLIGATION 2449591 2449591 21719509 934745 42052 976797 20742712 218148 218148 20960860 9084577 271113 271113 8813464 218148 218148 9031612 PART XI, LINE 2D - OTHER ADJUSTMENTS: NET CHANGE IN BENEFICAL INTEREST IN ASSETS HELD BY OTHERS PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES PART XII, LINE 2D - OTHER ADJUSTMENTS: COLLECTION ITEMS PURCHASED NOT CAPITALIZED PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES SCHEDULE D, PARTIII, LINE 1A: WORKS OF ART IN PHILBROOK'S COLLECTION ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF ARTWORKS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED, OR AS NET ASSETS WITH DONOR RESTRICTIONS IF A DONOR MAKES A CONTRIBUTION INTENDED TO FUND A SUBSEQUENT PURCHASE OF ARTWORK. CONTRIBUTIONS OF WORKS OF ART ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. DURING THE PREVIOUS YEAR, A RARE 15TH CENTURY CHINESE PORCELAIN VASE (THE TABER VASE), DONATED IN 1960 TO PHILBROOK BY THE GEORGE TABER JR./FRANCIS KEALLY FAMILIES, WAS SOLD AT AUCTION BY CHRISTIE'S ON MAY 30, 2018 IN HONG KONG, CHINA TO AN ANONYMOUS BUYER. THE SELLING PRICE, EXCLUDING BUYER'S PREMIUM, WHICH IS THE CHARGE THE BUYER PAYS CHRISTIE'S ALONG WITH THE HAMMER PRICE AS SET OUT IN THE BUYER'S AGREEMENT, WAS HK$114,000,000 OR APPROXIMATELY US$14,400,000 AT PREVAILING EXCHANGE RATES AS OF MAY 30, 2018. PHILBROOK RETAINED POSSESSION OF AND TITLE TO THE VASE UNTIL ALL SALES PROCEEDS WERE RECEIVED IN DECEMBER 2018. THE SALE IS REFLECTED IN THE MUSEUM'S FINANCIAL STATEMENTS AS GAIN ON SALE OF COLLECTION ITEM. SALES PROCEEDS WERE TRANSFERRED TO A TULSA-BASED BANK UNDER A NEW INVESTMENT AND CUSTODIAL AGREEMENT. SALES PROCEEDS AND EARNINGS THEREON WILL BE USED FOR THE SOLE PURPOSE OF ENHANCING PHILBROOK'S ART COLLECTION AND DIRECT CARE THEREOF IN ACCORDANCE WITH A POLICY APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES IN 2018. PART III, LINE 4: PHILBROOK IS A GENERAL FINE ARTS MUSEUM COMMITTED TO COLLECTING AND EXHIBITING ART FROM A BROAD RANGE OF PERIODS AND CULTURES. THE SIZE (APPROXIMATELY 13,000 OBJECTS, INCLUDING LONG-TERM LOANS) AND VARIETY OF THE COLLECTION HAS MADE PHILBROOK A UNIQUE RESOURCE FOR THE STATE AND REGION. COLLECTION AREAS INCLUDE: AMERICAN AND EUROPEAN PAINTING AND SCULPTURE; NATIVE AMERICAN ART, PRINTS AND DRAWINGS; ASIAN ART; AFRICAN SCULPTURE; AMERICAN AND EUROPEAN DECORATIVE ART; AND ANTIQUITIES. PHILBROOK ADOPTED A COMPREHENSIVE COLLECTIONS MANAGEMENT POLICY IN 1981 WHICH HAS BEEN UPDATED PERIODICALLY SINCE THEN, MOST RECENTLY IN 2018. THIS POLICY ADDRESSES PROCEDURES FOR ACCESSIONING, DEACCESSIONING, DOCUMENTATION AND OTHER ASPECTS OF COLLECTION MANAGEMENT. PHILBROOK'S COLLECTION POLICY PROVIDED THAT PERMANENT COLLECTIONS ARE 1) HELD FOR PUBLIC EXHIBITION, EDUCATION OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FINANCIAL GAIN; 2) PROTECTED, KEPT UNENCUMBERED, CARED FOR AND PRESERVED; AND 3) SUBJECT TO A POLICY THAT REQUIRES THE PROCEEDS FROM SALES OF COLLECTION ITEMS TO BE RESTRICTED TO THE ACQUISITION OF OTHER ITEMS FOR COLLECTIONS. WINE EXPERIENCE 497000 463140 33860 7405 -1297 FESTIVAL 185040 75600 109440 1983 30075 24710 2 268595 171027 97568 4500 23405 4750 25173 950635 709767 240868 4500 32793 34825 48586 120704 120164 X X X X 0 0 0 0 0 0 0 0 0 SCOTT STULEN CEO/PRESIDENT 193838 0 0 0 0 0 40000 0 300 0 234138 0 0 0 X 17 N/A - SEE EXPLANATION X N/A - SEE EXPLANATION X 1 2568 FMV - DATE OF TRANSFER 0 1 0 PART I, LINE 33: THE ORGANIZATION HAS NOT INCLUDED ANY REVENUE FOR DONATED WORKS OF ART OR HISTORICAL TREASURES IN PART VIII, LINE 1G. IN ACCORDANCE WITH ITS ELECTION NOT TO REPORT REVENUES OR ASSETS UPON RECEIPT OF CONTRIBUTIONS OF WORKS OF ART AND HISTORICAL TREASURES UNDER ASU 958, NO REVENUE OR ASSETS WERE INCLUDED ON THE 990 FOR THESE CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 2 BILL THOMAS, DIRECTOR AND SUSAN THOMAS, DIRECTOR ARE HUSBAND AND WIFE. STEPHEN J. HEYMAN, DIRECTOR AND BARBARA HEYMAN, DIRECTOR ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS PAID MEMBERSHIPS AT LEVELS FROM $55-$10,000 PER YEAR. FORM 990, PART VI, SECTION A, LINE 7A ONE-THIRD OF TRUSTEES ARE ELECTED EACH YEAR BY MEMBERSHIP AT THE ANNUAL MEETING FOR A 3-YEAR TERM. THERE MAY BE SPECIAL ELECTIONS TO FILL AN OPEN POSITION WHEN A TRUSTEE HAS RESIGNED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS MADE AVAILABLE TO THE BOARD OF TRUSTEES BY AN E-MAIL NOTICE AND LINK TO THE ELECTRONIC COPY. THE AUDIT COMMITTEE (SUB-COMMITEE OF THE BOARD), COMPRISED OF MEMBERS FROM THE BOARD OF DIRECTORS, MEETS WITH THE MUSEUM STAFF AND OUTSIDE TAX PREPARERS FOR REVIEW AND APPROVAL BEFORE FINALIZING AND FILING THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE COMPLIANCE COMMITTEE MONITORS COMPLIANCE WITH THE CONFLICTS OF INTEREST POLICY ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 AN INDEPENDENT 3RD PARTY COMPENSATION CONSULTANT REVIEWS JOB DESCRIPTIONS, ASSIGNS POSITIONS TO GRADES, AND ASSIGNS PAY RANGES TO GRADES BASED ON COMPARABLE PAY DATA. THE MUSEUM HAS THE COMPENSATION POLICY APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: ART ACQUISITIONS -271,113. NET CHANGE IN BENEFICIAL INTEREST OF ASSETS HELD BY OTHERS 42,052. LA VILLA RESTAURANT INC 2727 S ROCKFORD ROAD TULSA OK 74114 731447505 HOLDS A MASTER LEASE OK N/A