2019-07-12T09:02:17-05:00 2018-12-31 824158464 DAVIS & COMPANY CPAS 990 LAKE HUNTER CIRCLE STE 207 MOUNT PLEASANT SC 29464 990 2018-01-01 203398254 INTERNATIONAL AFRICAN AMERICAN MUSEUM INTE 8438725352 113 CALHOUN STREET CHARLESTON SC 29401 WILBUR JOHNSON ESQUIRE CHAIRMAN 8438725352 2019-07-12 1 ZOE DAVIS P01057590 8438813315 2019-06-20 67.223.0.103 2019-07-12 09:58:11 ED P D687F2D5A2F6D0A2D3F8E5BB2EE485A29C43EC1C 00AFA897C027AAA69AAFA4DB5587DB79D2CF227C 2018 2019-02-21 02:37:17Z WILBUR JOHNSON ESQUIRE 25 CALHOUN STREET CHARLESTON SC 29401 14823486 0 X WWW.IAAMUSEUM.ORG X 2007 SC LOCATED ON ONE OF THE MOST IMPORTANT SITES IN AMERICAN HISTORY, THE PORT OF ARRIVAL FOR NEARLY HALF OF ALL AFRICANS FORCED TO NORTH AMERICA, THE INTERNATIONAL AFRICAN AMERICAN MUSEUM (IAAM) IN CHARLESTON WILL ILLUMINATE THE INFLUENTIAL HISTORIES OF AFRICANS AND THEIR DESCENDANTS IN SOUTH CAROLINA, HIGHLIGHTING THEIR DIASPORIC CONNECTIONS THROUGHOUT THE NATION AND THE WORLD. 30 30 11 121 0 0 16619980 14709772 0 0 6188 113714 0 0 16626168 14823486 0 3000000 0 0 321081 941231 399950 278890 512408 752011 471963 1473042 4692084 15153126 10131402 21861677 27696773 4739525 366219 17122152 27330554 X LOCATED ON ONE OF THE MOST IMPORTANT SITES IN AMERICAN HISTORY, THE PORT OF ARRIVAL FOR NEARLY HALF OF ALL AFRICANS FORCED TO NORTH AMERICA, THE INTERNATIONAL AFRICAN AMERICAN MUSEUM (IAAM) IN CHARLESTON WILL ILLUMINATE THE INFLUENTIAL HISTORIES OF AFRICANS AND THEIR DESCENDANTS IN SOUTH CAROLINA, HIGHLIGHTING THEIR DIASPORIC CONNECTIONS THROUGHOUT THE NATION AND THE WORLD. 0 0 3408938 3000000 MUSEUM PLANNING - THE DEPARTMENT OF MUSEUM PLANNING AND OPERATIONS IS RESPONSIBLE FOR THE DEVELOPMENT, MANAGEMENT, AND IMPLEMENTATION OF THE MUSEUM'S CAPITAL PROGRAM, BUILDING OPERATIONS, AND BUSINESS INITIATIVES. THE DIRECTOR OF MUSEUM PLANNING AND OPERATIONS COORDINATES THE BUILDING CONSTRUCTION, BUILDING UPFIT (ARTIFACTS; FURNITURE, FIXTURES, AND EQUIPMENT, ETC.), OCCUPANCY, AND STAFF MOVE-IN FACILITIES, SECURITY, EMERGENCY PREPAREDNESS, IT, CAFE, AND STORE IN CLOSE COLLABORATION WITH THE CEO, MUSEUM STAFF, AND CAPITAL PARTNERS. A KEY FOCUS FOR THE DEPARTMENT IS 'DAY ONE PLANNING,' WHICH REFLECTS THE INTEGRATION OF ALL MUSEUM DEPARTMENTS AND OPERATIONS WITH THE CONSTRUCTION TIMELINE TO ENSURE THAT THE MUSEUM IS PREPARED TO SUCCESSFULLY OPERATE ON 'DAY ONE.' 245780 CURATORIAL AFFAIRS - TOGETHER, THE CHIEF CURATOR, IN PARTNERSHIP WITH THE EXHIBIT DESIGN PARTNER, WILL STRATEGICALLY AND THOUGHTFULLY CRAFT EVERY DETAIL OF THE MUSEUM EXPERIENCE. THIS INCLUDES ALL CONTENT AND ARTIFACTS TO BE INCLUDED IN THE MUSEUM AND ITS PROGRAMMING, AND HOW THEY WILL BE PRESENTED. 152583 EDUCATION AND ENGAGEMENT - THE DEPARTMENT OF EDUCATION AND ENGAGEMENT IS FOCUSED ON EXECUTING A ROBUST AND EFFECTIVE COMMUNITY ENGAGEMENT STRATEGY THAT WILL ENABLE THE MUSEUM TO BUILD AUTHENTIC LOCAL, REGIONAL, NATIONAL AND INTERNATIONAL RELATIONSHIPS AND SOCIAL CAPITAL WITH TARGET AUDIENCES AND ADVANCING THE MUSEUM'S OVERARCHING COMMUNITY RELATIONS. THIS SUITE OF PROGRAMMING ENDEAVORS TO ADVANCE THE MISSION OF THE MUSEUM WHILE CONNECTING THE AUDIENCES TO AFRICAN AND AFRICAN AMERICAN HISTORY AND CULTURE. THE DEPARTMENT IS ALSO ENGAGED IN DEVELOPING CONTENT AND FOUNDATIONAL INFRASTRUCTURE FOR THE MUSEUM'S EDUCATION PROGRAM. 3807301 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 10 0 1 11 1 0 0 0 0 0 0 0 0 0 0 X 30 30 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 SC X ELIJAH HEYWARD 8438725352 113 CALHOUN STREET CHARLESTON SC 29401 WILBUR E JOHNSON ESQUIRE CHAIRPERSON 10.00 X X 0 0 0 WILLIAM KENNARD TREASURER 3.00 X X 0 0 0 MELISSA LINDLER SECRETARY 3.00 X X 0 0 0 ROBERT E BRANAN CHAIR OF FINANCE COMMITTEE 3.00 X 0 0 0 BILL BARNET BOARD MEMBER 1.00 X 0 0 0 MAYOR STEVE BENJAMIN BOARD MEMBER 1.00 X 0 0 0 PEG A BREEN BOARD MEMBER 1.00 X 0 0 0 EVELYN MCGEE COLBERT BOARD MEMBER 1.00 X 0 0 0 ROBYN COLES BOARD MEMBER 1.00 X 0 0 0 GRADY L CROSBY BOARD MEMBER 1.00 X 0 0 0 DICK ELLIOTT ESQUIRE BOARD MEMBER 1.00 X 0 0 0 MIKE GIANONI BOARD MEMBER 1.00 X 0 0 0 JONATHAN GREEN BOARD MEMBER 1.00 X 0 0 0 CAROLYN HUNTER BOARD MEMBER 1.00 X 0 0 0 SHEILA C JOHNSON BOARD MEMBER 1.00 X 0 0 0 PAM LACKEY BOARD MEMBER 1.00 X 0 0 0 ERWIN MADDREY BOARD MEMBER 1.00 X 0 0 0 KENT MATLOCK BOARD MEMBER 1.00 X 0 0 0 REGGIE MCKNIGHT BOARD MEMBER 1.00 X 0 0 0 DRBERNARD POWERS BOARD MEMBER 1.00 X 0 0 0 JOSEPH P RILEY JR BOARD MEMBER 30.00 X 0 0 0 KITTY ROBINSON BOARD MEMBER 1.00 X 0 0 0 RITA SCOTT BOARD MEMBER 1.00 X 0 0 0 MINOR MICKEL SHAW BOARD MEMBER 1.00 X 0 0 0 MARVA SMALLS BOARD MEMBER 1.00 X 0 0 0 HENRY B SMYTHE ESQ BOARD MEMBER 1.00 X 0 0 0 HALLE TECCO BOARD MEMBER 1.00 X 0 0 0 MAYOR JOHN TECKLENBURG BOARD MEMBER 1.00 X 0 0 0 COUNCILMAN KEITH WARING BOARD MEMBER 1.00 X 0 0 0 LUCILLE WHIPPER BOARD MEMBER 1.00 X 0 0 0 MICHAEL BOULWARE MOORE MEMBER, CEO & PRESIDENT 50.00 X X 335330 0 19569 VIRGINIA DEERIN MAJOR GIFTS OFFICER 50.00 X 163572 0 9557 MARION A GILL DIRECTO OF MUSEUM PLANNING & OPERATIONS 50.00 X 120975 0 8119 619877 0 37245 3 0 1 0 BOOMY LLC 428 RACE STREET APT B CHARLESTON SC 29403 FUNDRAISING AND OUTSOURCED CHEIF OPERATI 378700 1 500000 14209772 14725 14709772 113714 113714 14823486 0 0 113714 3000000 3000000 498902 326083 67102 105717 329467 215214 44368 69885 112862 65516 14441 32905 43196 43196 278890 278890 135132 134043 1089 29201 6066 22325 810 27157 9131 16474 1552 77000 77000 36299 26709 1598 7992 3555 3555 DISCOUNT 67034 67034 RECRUITING EXPENSES 25406 21207 4199 MISCELLANEOUS EXPENSE 12214 3332 7944 938 MEMBERSHIP DRIVE 9099 9099 6670 2050 4620 4692084 3807301 372375 512408 3728 1871696 15648998 16293433 5700254 8946657 25124 23681 25656 10809 14771 14847 468802 546459 21861677 27696773 295380 132207 444145 234012 4000000 0 4739525 366219 X 270858 457460 0 16851294 26873094 17122152 27330554 21861677 27696773 10131402 77000 0 X X 0 1 X 1 0 X 408337 3648010 2594204 16619980 14709772 37980303 12251 77000 77000 166251 408337 3648010 2606455 16696980 14786772 38146554 13357756 24788798 83 299 1862 6188 113714 122146 38268700 0.64780 0.49830 X 25656 10809 14847 14847 X 14900486 77000 77000 14823486 0 14823486 1692084 0 1692084 3000000 3000000 4692084 PART X, LINE 2: US GAAP REQUIRES MANAGEMENT TO EVALUATE INCOME TAX POSITIONS TAKEN BY THE ORGANIZATION AND TO RECOGNIZE AN INCOME TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUBSTANTIATED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE ("IRS"). THE ORGANIZATION HAS IDENTIFIED ITS INCOME TAX STATUS AS A TAX-EXEMPT ENTITY AS ITS ONLY SIGNIFICANT INCOME TAX POSITION; HOWEVER, THE ORGANIZATION HAS DETERMINED THAT SUCH INCOME TAX POSITION DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. PART XII, LINE 4B - OTHER ADJUSTMENTS: ENDOWMENT TRANSFER INCLUDED AS OTHER CHANGE IN NET ASSETS ON FIN. STMTS 3,000,000. X X X X X X X 1 BOOMY LLC 428 RACE STREET APT B CHARLESTON SC 29403 CAPITAL CAMPAIGN FOR NEW BUILDING 1 5976400 126267 5850133 5976400 126267 5850133 SC 0 COASTAL COMMUNITY FOUNDATION OF SOUTH CAROLINA 735 RUTLEDGE AVE SUITE 201 CHARLESTON SC 29403 237390313 501C(3) 3000000 FOR THE INTERNATIONAL AFRICAN AMERICAN MUSEUM ENDOWMENT FUND 1 X X X X 0 0 0 0 0 0 0 0 0 MICHAEL BOULWARE MOORE MEMBER, CEO & PRESIDENT 189083 0 146247 0 0 0 5468 0 14101 0 354899 0 0 0 VIRGINIA DEERIN MAJOR GIFTS OFFICER 163031 0 541 0 0 0 4888 0 4669 0 173129 0 0 0 PART I, LINE 3 THE IAAM CEO COMPENSATION WAS DETERMINED THROUGH THE EXECUTIVE COMMITTEE'S SURVEY AND REVIEW OF THE SALARIES OF CEOS OF RELATIVELY COMPARABLE INSTITUTIONS IN THE LOCAL AREA, SUCH AS THE CHARLESTON MUSEUM, THE GIBBES, THE AQUARIUM, HISTORIC CHARLESTON FOUNDATION, THE COASTAL COMMUNITY FOUNDATION, ETC. ALONG WITH A REVIEW OF CEO COMPENSATION OF THOSE ENTITIES, THE EXECUTIVE COMMITTEE TOOK INTO ACCOUNT THE RELATIVE DUTIES OF THE CEOS, CONSIDERING SUCH MATTERS AS FUNDRAISING RESPONSIBILITY, MANAGEMENT SUPPORT FOR THE CEOS, STAFF CURRENTLY UNDER MANAGEMENT, PROJECTED STAFF UNDER MANAGEMENT AND UNIQUE CHALLENGES (E.G. RESPONSIBILITY FOR OVERSIGHT OF BUILDING DESIGN AND CONSTRUCTION, AND PROGRAMMING; RESPONSIBILITY FOR PARTNERSHIP WITH THE CITY STAFF; PUBLIC ENGAGEMENT). ALL OF THESE CONSIDERATIONS DROVE THE ANALYSIS OF IAAM CEO COMPENSATION IN 2018 AND ARE EXPECTED TO CONTINUE TO DRIVE THE ANALYSIS OF IAAM CEO COMPENSATION FOR THE FORESEEABLE FUTURE. X OTHER 0 12800 FMV X OFFICE EQUIPMENT 0 1925 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 IN DECEMBER 2017, THE MUSEUM HIRED A MEMBER OF BOOMY, LLC (BOOMY) TO BECOME THE TEMPORARY CHIEF OPERATING OFFICER BEGINNING ON JANUARY 1, 2018. ON SEPTEMBER 22, 2018, THE TEMPORARY CHIEF OPERATING OFFICER TRANSFERRED TO THE POSITION OF MAJOR GIFTS OFFICER FOR THE MUSEUM. BOOMY IS THE CONTRACTED FUNDRAISER FOR THE MUSEUM DURING THE YEARS ENDED DECEMBER 31, 2018 AND 2017. DURING THE YEARS ENDED DECEMBER 31, 2018 AND 2017, THE MUSEUM INCURRED EXPENSES RELATED TO THE FUNDRAISING EFFORT OF $126,267 AND $399,950, RESPECTIVELY. AT DECEMBER 31, 2018 AND 2017, BOOMY WAS OWED $124,923 AND $252,900, RESPECTIVELY. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WILL BE REVIEWED BY THE BOARD OF THE INTERNATIONAL AFRICAN AMERICAN MUSEUM. ANY CHANGES WILL BE MADE BEFORE FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C EACH SERVING DIRECTOR SHALL SIGN A STATEMENT AS TO THE MUSEUM'S CONFLICTS OF INTEREST POLICY WHEN COMMENCING SERVICE ON THE BOARD AND ANNUALLY THEREAFTER. FORM 990, PART VI, SECTION B, LINE 15A THE IAAM CEO COMPENSATION WAS DETERMINED THROUGH THE EXECUTIVE COMMITTEE'S SURVEY AND REVIEW OF THE SALARIES OF CEOS OF RELATIVELY COMPARABLE INSTITUTIONS IN THE LOCAL AREA, SUCH AS THE CHARLESTON MUSEUM, THE GIBBES, THE AQUARIUM, HISTORIC CHARLESTON FOUNDATION, THE COASTAL COMMUNITY FOUNDATION, ETC. ALONG WITH A REVIEW OF CEO COMPENSATION OF THOSE ENTITIES, THE EXECUTIVE COMMITTEE TOOK INTO ACCOUNT THE RELATIVE DUTIES OF THE CEOS, CONSIDERING SUCH MATTERS AS FUNDRAISING RESPONSIBILITY, MANAGEMENT SUPPORT FOR THE CEOS, STAFF CURRENTLY UNDER MANAGEMENT, PROJECTED STAFF UNDER MANAGEMENT AND UNIQUE CHALLENGES (E.G. RESPONSIBILITY FOR OVERSIGHT OF BUILDING DESIGN AND CONSTRUCTION, AND PROGRAMMING; RESPONSIBILITY FOR PARTNERSHIP WITH THE CITY STAFF; PUBLIC ENGAGEMENT). ALL OF THESE CONSIDERATIONS DROVE THE ANALYSIS OF IAAM CEO COMPENSATION IN 2017 AND ARE EXPECTED TO CONTINUE TO DRIVE THE ANALYSIS OF IAAM CEO COMPENSATION FOR THE FORESEEABLE FUTURE. FORM 990, PART VI, SECTION C, LINE 19 THE INTERNATIONAL AFRICAN AMERICAN MUSEUM HONORS THE REQUIREMENTS OF THE LAW GOVERNING REQUEST FOR SUCH DOCUMENTS FROM THE PUBLIC AND FEDERAL AND STATE AGENCIES. FORM 990, LINE 2C THERE HAS BEEN NO CHANGE FROM THE PRIOR YEAR.