2019-10-28T10:16:29-05:00 2018-12-31 580662558 HANCOCK ASKEW & CO LLP 100 RIVERVIEW DRIVE SAVANNAH GA 31404 990 2018-01-01 580610074 TELFAIR MUSEUM OF ART INC TELF 9127908874 PO BOX 10081 SAVANNAH GA 31412 JOSEPH RUDDER CHIEF FINANCIAL OFFICER 9127908874 2019-10-25 1 SUSAN G CORDERMAN CLIFFORD P00647789 9122348243 2019-10-27 69.63.132.170 2019-10-25 14:54:54 ED P 1B8F8772A79CC812DA6F0C49B9831E8E3F0C925A 661ED33AA96FDACDA20CD7C5649B796483A172C0 2018 2019-02-21 02:37:17Z TELFAIR MUSEUMS JOSEPH RUDDER PO BOX 10081 SAVANNAH GA 31412 13296953 0 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. 26 26 88 500 0 0 3092307 2622832 1445378 1716971 1980176 2311590 50546 59344 6568407 6710737 0 0 0 0 2761998 2622154 0 0 731465 3455239 3922314 6217237 6544468 351170 166269 58317175 54882497 6494594 6796638 51822581 48085859 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. 0 0 2299941 846034 EXHIBITIONS - IN 2018, THE MUSEUM PRESENTED 27 EXHIBITIONS OF FINE AND DECORATIVE ARTS, 23 OF WHICH WERE ORGANIZED BY TELFAIR. THE FEATURED EXHIBITIONS RANGED FROM AN INSTALLATION OF TECHNOLOGY-BASED ART COMMISSIONED FOR THE MUSEUM'S ANNUAL PULSE ART + TECHNOLOGY FESTIVAL TO MASTERWORKS OF FRENCH IMPRESSIONISM. A HIGHLIGHT OF 2018 WAS TELFAIR'S ORGANIZATION OF THE EXHIBITION PAUL STEPHEN BENJAMIN: REINTERPRETING THE SOUND OF BLACKNESS, THE FIRST SOLO MUSEUM SHOW FOR THIS GEORGIA-BASED ARTIST OCCUPIED WITH QUESTIONS OF RACE AND IDENTITY. OTHER SIGNIFICANT EXHIBITIONS INCLUDED CARRIE MAE WEEMS; SEA ISLANDS SERIES, 1991-1992, WHICH PRESENTED A NOTEWORTHY BODY OF WORK MADE IN AND AROUND COASTAL GEORGIA EARLY IN THIS SEMINAL ARTIST'S CAREER THAT HAD NEVER BEFORE BEEN EXHIBITED IN A MUSEUM IN THE REGION. 974106 54805 EDUCATION PROGRAMS - OVER 8,000 PRE-K THROUGH COLLEGE STUDENTS VISITED THE MUSEUMS FOR EDUCATIONAL TOURS IN 2018. OF THESE, MORE THAN 3,300 ELEMENTARY STUDENTS PARTICIPATED IN FREE DISCUSSION-BASED TOURS OF THE EXHIBITION MONET TO MATISSE: MASTERWORKS OF FRENCH IMPRESSIONISM AND AN ADDITIONAL 350 PARTICIPATED IN FREE TOURS FOR TITLE 1 SCHOOLS. OVER 1,400 INDIVIDUALS, INCLUDING MORE THAN 800 CHILDREN WERE SERVED IN OVER 180 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. OVER 20 EVENING LECTURE, FILM AND PERFORMANCE PROGRAMS WERE ATTENDED BY 2,800 PARTICIPANTS. NEARLY 3,000 PEOPLE TOOK PART IN THE LARGELY FREE PULSE ART AND TECHNOLOGY FESTIVAL. 5,900 INDIVIDUALS OF ALL AGES ATTENDED SIX FREE FAMILY DAYS. NEARLY 400 CHILDREN ATTENDED PRE-K, TODDLER AND HEAD START PROGRAMS. 300 YOUTHS AND 50 ADULTS TOOK PART IN STUDIO CLASSES, CAMPS AND WORKSHOPS, 40 STUDENTS PARTICIPATING FREE OF CHARGE DUE TO SCHOLARSHIPS AND FUNDING. 1,100 PEOPLE TOOK PART IN DAILY DROP IN STUDIO ART MAKING PROGRAMS. 20 STUDENTS TOOK PART IN THE MUSEUM'S TEEN COUNCIL PARTICIPATED IN MONTHLY PROGRAMS, AND ORGANIZED AN ART EXHIBITION FOR LOCAL HIGH SCHOOL STUDENTS. 1586296 852323 COLLECTIONS - CURRENTLY, THE TELFAIR HOLDS OVER 6,000 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 2018, THE TELFAIR ACQUIRED 38 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 25738 104 25738 104 4886081 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 53 0 1 88 1 0 0 0 0 0 1 1 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 GA X X JOSEPH RUDDER 9127908874 TELFAIR MUSEUM OF ART INCPO BOX SAVANNAH GA 31412 TED J KLEISNER CHAIRMAN 10.00 X X 0 0 0 DALE C CRITZ JR CHAIR-ELECT 10.00 X X 0 0 0 SWANN SEILER SECRETARY 10.00 X X 0 0 0 DR WILLIAM T MOORE TREASURER 10.00 X X 0 0 0 JOHN JNEELY III LEGAL COUNSEL 10.00 X X 0 0 0 DR CHERYL DAVENPORT DOZIER VICE CHAIR 10.00 X X 0 0 0 TOM REILLY VICE CHAIR 10.00 X X 0 0 0 DR DAVID M HILLENBRAND VICE CHAIR 10.00 X X 0 0 0 CHERI ROACH PAST CHAIR 10.00 X X 0 0 0 KELLY L BOUCHILLON SR TRUSTEE 3.00 X 0 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 HILL DORMAN TRUSTEE 3.00 X 0 0 0 MEREDITH REPELLA DULANY TRUSTEE 3.00 X 0 0 0 BRENT HARLANDER TRUSTEE 3.00 X 0 0 0 JOSH KELLER TRUSTEE 3.00 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 MAGINNIS MCCURRY TRUSTEE 3.00 X 0 0 0 J WILSON MORRIS TRUSTEE 3.00 X 0 0 0 DAVE NEISES TRUSTEE 3.00 X 0 0 0 DAVID E PADDISON TRUSTEE 3.00 X 0 0 0 HUGUENIN THOMAS III 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 LISA GROVE CEO 60.00 X X 128587 0 9296 JOSEPH RUDDER CFO 50.00 X X 99897 0 0 228484 0 9296 1 0 0 0 SUNSTATES SECURITY LLC PO BOX 896583 CHARLOTTE NC 28289 SECURITY SERVICES 439639 LANDMARK PRESERVATION PO BOX 8604 SAVANNAH GA 31412 PRESERVATION 429541 DMDG2 219 W BRYAN ST SAVANNAH GA 31401 EXHIBIT DESIGN 347713 PHILLIPS OPPENHEIM GROUP INC 360 LEXINGTON AVE 21ST FLOOR NEW YORK NY 10017 CONSULTING 102824 4 225029 403827 110000 1883976 2622832 MUSEUM ADMISSIONS 713990 1672133 1672133 EDUCATION PROGRAM REVENUE 611710 44838 44838 1716971 570284 570284 74075 9388 64687 64687 64687 7625668 5884362 1741306 1741306 1741306 290237 403827 331875 -41638 -41638 390493 360591 29902 29902 MISCELLANEOUS 900099 6393 6393 6393 6710737 1753266 0 2334639 237780 123538 57121 57121 2012528 1570428 258001 184099 205219 153315 30903 21001 166627 124856 23608 18163 114 114 32597 32597 592406 445858 65671 80877 308848 213691 11252 83905 219861 106494 65648 47719 122646 61323 30662 30661 626927 470935 62397 93595 8979 2276 3604 3099 8515 2283 3324 2908 165425 165425 957547 813915 95755 47877 249131 197031 20840 31260 CURATORIAL EXPENSES 457517 455691 1826 EDUCATION 104998 104998 CREDIT CARD PROCESSING 66803 39449 27354 6544468 4886081 926922 731465 638398 1137565 825400 639443 130012 142050 90193 71391 230616 297358 34549883 10682565 23745261 23867318 25844478 22604353 4591772 4361734 2221045 1761285 58317175 54882497 505873 457048 90132 433241 5898589 5906349 6494594 6796638 X 29270546 27516365 8393591 6410050 14158444 14159444 51822581 48085859 58317175 54882497 X 166269 -3760288 -142703 X 0 1 X 1 0 X 4401700 2150896 1931798 3092307 2622832 14199533 4401700 2150896 1931798 3092307 2622832 14199533 1795404 12404129 564787 599840 562179 591168 570284 2888258 17087791 7548103 0.72590 0.67100 X X X X X 0 0 30345234 -1428000 2017000 26900234 28303413 707590 4061400 2574966 152437 30345000 26085291 2141100 2232246 2008830 146394 28303413 17622842 9034921 273314 845786 26085291 16369223 1128350 801799 676530 17622842 0.38250 0.52600 0.09150 1 0 1254866 1254866 29334011 7550412 21783599 3961006 3132153 828853 23867318 CHATHAM SMALL CAP PARTNERSHIP I, L.P. 4361734 F 4361734 X 3099832 -3760288 -3760288 6860120 -149383 -149383 6710737 6836554 292086 292086 6544468 0 6544468 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 HISTORIC LANDMARK HOMES, FURNISHINGS, PAINTINGS AND FINE AND DECORATIVE ART OBJECTS. ALL ITEMS IN THE COLLECTIONS ARE DEEMED INEXHAUSTIBLE ASSETS. UNEXPENDED PROCEEDS FROM DEACCESSIONS ARE REFLECTED IN UNRESTRICTED NET ASSET CLASS. THEIR USE IS LIMITED, HOWEVER, BY MUSEUM PROFESSIONAL STANDARDS, WHICH REQUIRE THAT SUCH PROCEEDS BE MADE AVAILABLE FOR ACQUISITION OF OTHER ART OBJECTS. PART III, LINE 4: THE COLLECTIONS INCLUDE TWO HISTORICAL HOMES, FURNISHINGS, PAINTINGS, AND FINE AND DECORATIVE ART OBJECTS. 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. PART X, LINE 2: 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 NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS CONCLUDED THAT AS OF DECEMBER 31, 2018, 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 2015. PART XI, LINE 4B - OTHER ADJUSTMENTS: COGS ON LINE 10B INCLUDED IN PAYROLL EXPENSE IN AUDITED FS PART XII, LINE 2D - OTHER ADJUSTMENTS: COGS ON LINE 10B INCLUDED IN PAYROLL EXPENSE IN AUDITED FS COLLECTION ITEMS PURCHASED AND NOT CAPITALIZED ROUNDING TELFAIR BALL 553088 354188 198900 25769 94081 9879 38148 MASQUERADE BALL 38953 17690 21263 2865 7142 2125 6762 4 102023 31949 70074 30406 87620 3250 23828 694064 403827 290237 59040 188843 15254 68738 331875 -41638 X 0 1 X X X 0 0 0 0 0 0 0 0 0 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. 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 APPROVED BY THE DIRECTOR. 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 AUTHORITY REVENUE BONDS TELFAIR MUSEUM OF ART 586001588 80483CGM7 2006-04-18 8000000 BUILDINGS AND STRUCTURES 0 0 0 A 2000000 8000000 118078 2006 0 0 1 1 A 0 0 0 0 0 0 0 A 1 1 0 0 0 0 A 0 X 30 0 X 58537 FAIR MARKET VALUE 0 0 0 PART I, LINE 33: A ZERO AMOUNT WAS REPORTED ON FORM 990, PART VIII, STATEMENT OF REVENUE, LINE 1G, BECAUSE THE MUSEUM DOES NOT CAPITALIZE ITS COLLECTIONS, AS ALLOWED UNDER SFAS 116. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS FIRST REVIEWED BY THE DIRECTOR OF THE MUSEUM. IT IS THEN REVIEWED AND SIGNED BY THE CHIEF FINANCIAL OFFICER. THE FORM 990 IS THEN PRESENTED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES AT THE FIRST AVAILABLE MEETING AND DISCUSSED AT THE NEXT BOARD MEETING. FORM 990, PART VI, SECTION B, 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, PART VI, SECTION B, 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. 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, PART VI, SECTION C, LINE 18 TELFAIR MUSEUM OF ART MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. IT IS ALSO AVAILABLE AT WWW.GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, 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 -142,701. ROUNDING ADJUSTMENT -2.