2025-11-17T17:43:09-06:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 555 GREAT CIRCLE ROAD NASHVILLE TN 37228 990 2024-01-01 621731492 FRIST ART MUSEUM FRIS 6152443340 919 BROADWAY NASHVILLE TN 37203 SETH FEMAN PHD EXECUTIVE DIRECTOR & CEO 6152443340 2025-11-17 1 1 FRANCES E LEAHY P00713593 6152427351 2025-11-17 2024 2025-03-06 01:10:19Z SETH FEMAN PHD 919 BROADWAY NASHVILLE TN 37203 19104765 0 X WWW.FRISTARTMUSEUM.ORG X 1998 TN HIGH QUALITY EXHIBITIONS WITH RELATED EDUCATIONAL PROGRAMS AND COMMUNITY OUTREACH ACTIVITIES. 24 24 80 225 258267 0 13710438 15025961 1507238 1741176 433390 870822 539254 577801 16190320 18215760 0 0 0 0 5879918 6341676 4400 0 812231 7430029 8244481 13314347 14586157 2875973 3629603 35413391 40283377 2207794 3014411 33205597 37268966 TO PRESENT AND ORIGINATE HIGH QUALITY EXHIBITIONS WITH RELATED EDUCATIONAL PROGRAMS AND COMMUNITY OUTREACH ACTIVITIES. 0 0 7680766 1315160 EXHIBITIONS: HOSTED TRAVELING ART EXHIBITIONS FROM THE UNITED STATES AND ABROAD, AS WELL AS INTERNAL DEVELOPMENT OF ART EXHIBITIONS ON A DIVERSE RANGE OF THEMES 2393377 33875 EDUCATION AND ENGAGEMENT: OFFERED A WIDE VARIETY OF ACCESSIBLE AND AFFORDABLE PROGRAMS DESIGNED TO ASSIST PEOPLE OF ALL AGES AND BACKGROUDS TO BECOME MORE KNOWLEDGEABLE AND APPRECIATIVE OF ART. 1199913 392141 MEMBER AND GUEST SERVICES: THE FRIST ART MUSEUM PROVIDES AN ENRICHING MEMBER AND GUEST EXPERIENCE THROUGH GALLERY GUIDANCE. EXHIBITION CONTENT IS MADE AVAILABLE TO MEMBERS AND GUESTS THROUGH MEMBER PUBLICATIONS, AUDIO GUIDES, AND EXHIBITION BROCHURES. 448204 308382 448204 308382 11722260 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 118 0 1 80 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 24 24 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X X X CAROL L VOLLBRECHT 6152443340 919 BROADWAY NASHVILLE TN 37203 WILLIAM R FRIST CHAIRMAN & PRESIDENT 10.00 1.00 X X 0 0 0 PHIL BILLINGTON TRUSTEE 2.00 X 0 0 0 CLAY BLEVINS TRUSTEE 2.00 X 0 0 0 LAURA CHADWICK TRUSTEE 2.00 1.00 X 0 0 0 RAMON CISNEROS TRUSTEE 2.00 X 0 0 0 ELIZABETH DENNIS TRUSTEE 2.00 X 0 0 0 KARYN MCLAUGHLIN FRIST TRUSTEE 2.00 1.00 X 0 0 0 FRANK M GARRISON JR TRUSTEE 2.00 1.00 X 0 0 0 HOWARD C GENTRY TRUSTEE 2.00 X 0 0 0 BOB GORDON TRUSTEE 2.00 1.00 X 0 0 0 JAMES HARBISON TRUSTEE 2.00 X 0 0 0 DON HARDIN TRUSTEE 2.00 X 0 0 0 MELVIN N JOHNSON DBA TRUSTEE 2.00 X 0 0 0 NEIL KRUGMAN TRUSTEE 2.00 X 0 0 0 WANDA LYLE TRUSTEE 2.00 X 0 0 0 DEE PATEL TRUSTEE 2.00 X 0 0 0 TARA SCARLETT TRUSTEE 2.00 X 0 0 0 JAMAAL B SHEATS TRUSTEE 2.00 1.00 X 0 0 0 JOHN SMITHWICK TRUSTEE 2.00 1.00 X 0 0 0 JOE N STEAKLEY TRUSTEE 2.00 1.00 X 0 0 0 DEBORAH E STORY TRUSTEE 2.00 X 0 0 0 JULIE W WALKER TRUSTEE 2.00 X 0 0 0 GAIL P CARR WILLIAMS TRUSTEE 2.00 X 0 0 0 SETH FEMAN EXEC. DIRECTOR & CEO 40.00 1.00 X 338278 0 23307 CAROL VOLLBRECHT DIRECTOR-FINANCE 40.00 1.00 X 149503 0 14957 JACK STRINGHAM SECRETARY 2.00 1.00 X 0 0 0 MARK SCALA CHIEF CURATOR 40.00 X 178071 0 18737 JONATHAN NORRIS CHIEF DEVELOPMENT OFFICER 40.00 X 182061 0 11215 ANNE HENDERSON DIRECTOR-EDUCATION AND ENG 40.00 X 147510 0 16471 ELLEN PRYOR DIRECTOR-COMMUNICATIONS 40.00 X 140659 0 18108 HANS SCHMITT-MATZEN DIRECTOR-INTERNAL AFFAIRS 40.00 X 131218 0 23970 SHERI HORN DIRECTOR-HUMAN RESOURCES 40.00 X 122036 0 16400 MARCELL JONES FACILITIES DIRECTOR 40.00 X 100982 0 6431 1490318 0 149596 9 0 1 0 DSI SECURITY SERVICES PO BOX 7163 DOTHAN AL 36302 SECURITY SERVICES 925141 THE COMFORT GROUP 659 THOMPSON LANE NASHVILLE TN 37204 MECHANICAL CONTRACTOR 540964 BOHAN ADVERTISING 124 12TH AVENUE SOUTH NASHVILLE TN 37203 ADVERTISING 455260 TRANSPORT CONSULTANTS INTERNATIONAL 30 UNION AVENUE SOUTH 2ND FLOOR CRANFORN NJ 07016 EXHIBITION SHIPPING 445099 DALLAS MUSEUM OF ART 1717 NORTH HARWOOD DALLAS TX 75201 EXHIBITION SERVICES 344500 22 904042 1190002 2650959 1921933 8359025 6540276 15025961 ADMISSIONS REVENUE 713990 1315160 1315160 MEMBERSHIP REVENUE 713990 392141 392141 EDUCATION PROGRAM FEES 713990 33875 33875 1741176 870822 870822 292194 33927 258267 258267 258267 96525 1190002 420410 -323885 -323885 728979 434668 294311 294311 PARKING REVENUE 812930 335037 335037 MISCELLANEOUS INCOME 812930 14071 14071 349108 18215760 2049558 258267 881974 896801 808231 35966 52604 4371715 3284655 623202 463858 183988 136506 27326 20156 520147 403790 52386 63971 369025 286064 46591 36370 27797 27797 44899 44899 271717 229180 38799 3738 595722 65376 529471 875 870164 628681 190359 51124 1298211 1159828 104132 34251 320867 262592 32664 25611 742307 681918 46495 13894 190815 15037 175778 EXHIBITIONS 2239921 2239921 TEMPORARY LABOR 1331034 1306149 14298 10587 DUES AND LICENSES 222908 164507 33308 25093 MISCELLANEOUS EXPENSE 53480 20733 25391 7356 34639 29092 2804 2743 14586157 11722260 2051666 812231 1412943 4898202 14024264 13138273 657069 333747 216099 1645041 296221 324281 1211621 1988473 26965562 13639870 13711016 13325692 3884158 4629668 35413391 40283377 1115284 2119378 1000439 823616 92071 71417 2207794 3014411 X 27223094 35730038 5982503 1538928 33205597 37268966 35413391 40283377 3629603 433766 0 X 0 0 0 X 11048829 12721620 15137195 13699676 15025961 67633281 711204 711204 711204 711204 711204 3556020 11760033 13432824 15848399 14410880 15737165 71189301 32350268 38839033 33362 45103 10601 433390 870822 1393278 76097 76097 72658676 11903402 0.53450 0.53130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 199600 331737 48739 23739 556337 182275 18267 942 199600 199600 -17325 182275 199600 37107 37107 199600 199600 28246 28246 199600 1.00000 0 1 1 2710375 2710375 15699039 9401479 6297560 4071564 3544780 526784 4484584 693611 3790973 13325692 FUNDS DEPOSTED WITH FRIST ART MUSEUM FOUNDATION 3999816 ENDOWMENT ASSETS 556337 RIGHT OF USE ASSETS 73515 4629668 OPERATING LEASE LIABILITY 71417 71417 PART III, LINE 1A: ALTHOUGH FRIST ART MUSEUM IS A NON-COLLECTING INSTITUTION, MANAGEMENT AGREED TO ACCEPT THE PRIVATE DONATION OF A SCULPTURE IN 2013, WHICH WAS INSTALLED ON THE PROPERTY FOR PUBLIC VIEWING. THE DONATED COLLECTION ITEM IS DEEMED TO BE HELD IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FOR FINANCIAL GAIN AND, ACCORDINGLY, WILL BE PROTECTED, KEPT ENCUMBERED, CARED FOR, AND PRESERVED. IN THE EVENT FRIST ART MUSEUM DECIDES TO DE-ACCESS THE SCULPTURE, IT WOULD BE DONATED TO ANOTHER NOT-FOR-PROFIT ARTS INSTITUTION. MANAGEMENT HAS ADOPTED A NON-CAPITALIZATION ACCOUNTING POLICY IN REGARD TO THE VALUATION AND REPORTING OF COLLECTED ART OBJECTS. IN ACCORDANCE WITH GAAP, A LINE ITEM CAPTION FOR THE DONATED COLLECTION ITEM IS PRESENTED IN THE STATEMENT OF FINANCIAL POSITION, HOWEVER, NO VALUE HAS BEEN REPORTED FOR THIS ITEM. PART III, LINE 4: THE SCULPTURE ACQUIRED IN 2013 IS AVAILABLE FOR PUBLIC VIEWING ON THE PROPERTY AND ITS INSTALLATION IS CONSISTENT WITH FRIST ART MUSEUM'S MISSION OF PRESENTING HIGH QUALITY VISUAL ART. PART V, LINE 4: FRIST ART MUSEUM ESTABLISHED AN ENDOWMENT DURING 2016, UPON AGREEING TO ACCEPT A RESTRICTED CONTRIBUTION FROM A DONOR. THE PURPOSE OF THIS ENDOWMENT, AS SPECIFIED BY THE DONOR, IS TO PROVIDE ANNUAL SUPPORT FOR EXHIBITIONS IN THE CONTEMPORARY ARTISTS' PROJECT GALLERY. FRIST ART MUSEUM ESTABLISHED AN ADDITIONAL ENDOWMENT DURING 2024, FUNDED BY RESTRICTED CONTRIBUTIONS FROM MULTIPLE DONORS. THE PURPOSE OF THIS ENDOWMENT IS TO PROVIDE FUNDING FOR MUSEUM FELLOWSHIPS. FUNDRAISING GALA 1286527 1190002 96525 194600 87175 138635 1286527 1190002 96525 194600 87175 138635 420410 -323885 X X X 0 0 0 0 0 0 0 0 0 SETH FEMAN EXEC. DIRECTOR & CEO 338278 0 0 0 0 0 17400 0 5907 0 361585 0 0 0 MARK SCALA CHIEF CURATOR 178071 0 0 0 0 0 10818 0 7919 0 196808 0 0 0 JONATHAN NORRIS CHIEF DEVELOPMENT OFFICER 182061 0 0 0 0 0 11215 0 0 0 193276 0 0 0 CAROL VOLLBRECHT DIRECTOR-FINANCE 149503 0 0 0 0 0 9050 0 5907 0 164460 0 0 0 ANNE HENDERSON DIRECTOR-EDUCATION AND ENG 147510 0 0 0 0 0 9015 0 7456 0 163981 0 0 0 ELLEN PRYOR DIRECTOR-COMMUNICATIONS 140659 0 0 0 0 0 8701 0 9407 0 158767 0 0 0 HANS SCHMITT-MATZEN DIRECTOR-INTERNAL AFFAIRS 131218 0 0 0 0 0 8669 0 15301 0 155188 0 0 0 X 9 6540276 AVG HI/LOW MKT PRICE 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS ON COLUMN B. FORM 990, PART VI, SECTION A, LINE 6 THE GOVERNING DOCUMENTS OF FRIST ART MUSEUM ESTABLISH THE FRIST ART MUSEUM FOUNDATION (A SUPPORTING ORGANIZATION) AS THE SOLE MEMBER OF THE FRIST ART MUSEUM. AS THE SOLE MEMBER, THE BOARD OF THE FRIST ART MUSEUM FOUNDATION HAS THE POWER TO APPOINT FRIST ART MUSEUM'S BOARD OF DIRECTORS. ADDITIONALLY, EACH MEMBER OF THE FRIST ART MUSEUM FOUNDATION BOARD SERVES ON THE BOARD OF FRIST ART MUSEUM. HOWEVER, THE FOUNDATION'S BOARD IS LIMITED TO 1/3 OF THE TOTAL VOTING MEMBERS OF FRIST ART MUSEUM'S BOARD. FORM 990, PART VI, SECTION A, LINE 7A AS DESCRIBED IN THE EXPLANATION FOR PART VI, SECTION A, LINE, 6, THE BOARD OF DIRECTORS OF FRIST ART MUSEUM FOUNDATION ANNUALLY ELECTS THE TRUSTEES OF FRIST ART MUSEUM. ALL OTHER GOVERNANCE DECISIONS ARE RESERVED TO THE TRUSTEES OF FRIST ART MUSEUM. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF FORM 990 WAS PROVIDED TO THE TRUSTEES VIA E-MAIL FOR REVIEW AND APPROVAL PRIOR TO ITS SUBMISSION TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH OFFICER AND TRUSTEE REVIEWS AND SIGNS A CONFLICT OF INTEREST DISCLOSURE STATEMENT ANNUALLY. FRIST ART MUSEUM'S CONFLICT OF INTEREST POLICY SETS FORTH THE PROCESS FOR DISCLOSURE OF ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMPENSATION IS BASED ON THE EMPLOYEE'S ASSIGNED JOB DUTIES AND EXPECTATIONS. COMPARATIVE COMPENSATION DATA IS OBTAINED FROM THE NATIONAL SURVEY OF COMPENSATION COMPILED ANNUALLY BY THE ASSOCIATION OF ART MUSEUM DIRECTORS. THE ASSOCIATION PUBLISHES COMPENSATION DATA FOR THE PREVIOUS YEAR BASED ON BUDGET, GEOGRAPHICAL LOCATIONS, AND POPULATION DENSITY. A RANGE OF DATA IS AVAILABLE WHICH REFLECTS THE HIGHEST TO LOWEST COMPENSATION IN ALL PUBLISHED CATEGORIES. MEMBERS OF THE HUMAN RESOURCES COMMITTEE CONSIDER THE SALARIES OF THE EXECUTIVE DIRECTORS IN THE SOUTHEAST WORKING AT INSTITUTIONS WITH A BUDGET OVER $10 MILLION, WHICH ARE LOCATED IN A METROPOLITAN AREA WITH A POPULATION OF 1.5 MILLION. HISTORICALLY, THE COMMITTEE'S OBJECTIVE HAS BEEN TO COMPENSATE THE EXECUTIVE DIRECTOR AT THE MEDIAN TO 75TH PERCENTILE. THE EXECUTIVE DIRECTOR RECEIVES NO CAR ALLOWANCE, NO CLUB MEMBERSHIPS, NO HOUSING ALLOWANCE, NO TRAVEL FOR COMPANIONS, NO REIMBURSEMENT FOR PERSONAL SERVICES, AND NO FIRST-CLASS TRAVEL. COMPENSATION FOR KEY EMPLOYEES IS DETERMINED BY THE HUMAN RESOURCES COMMITTEE IN CONJUNCTION WITH THE EXECUTIVE DIRECTOR, USING THE SAME SOURCE OF STATISTICAL DATA DESCRIBED ABOVE FOR THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 18 FRIST ART MUSEUM'S FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AT THE ORGANIZATION'S WEBSITE WWW.FRISTARTMUSEUM.ORG AS WELL AS WWW.GIVINGMATTERS.COM AND GUIDESTAR.ORG. IN ADDITION, FORMS 990-T AND 1023 ARE AVAILABLE FOR REVIEW UPON REQUEST FORM 990, PART VI, SECTION C, LINE 19 FRIST ART MUSEUM'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION AT THE ORGANIZATION'S WEBSITE, WWW.FRISTARTMUSEUM.ORG. THE ORGANIZATION DOES NOT MAKE GOVERNING DOCUMENTS OR THE CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. FORM 990, PART IV LINE 12, AND PART XII LINE 2 THE FINANCIAL STATEMENT AUDIT FOR THE PERIOD ENDING 12.31.2024 IS IN PROCESS BUT HAS NOT BEEN COMPLETED AS OF THE DUE DATE OF THE FORM 990 FILING. FRIST ART MUSEUM FOUNDATION 919 BROADWAY NASHVILLE TN 37203 621731495 SUPPORTING ORGANIZATION TN 501(C)(3) LINE 12C, III-FI N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1