2018-08-16T13:53:32-05:00 2017-12-31 580662558 HANCOCK ASKEW & CO LLP 100 RIVERVIEW DRIVE SAVANNAH GA 31404 990 2017-01-01 580610074 TELFAIR MUSEUM OF ART INC TELF 9127908874 PO BOX 10081 SAVANNAH GA 31412 JOSEPH RUDDER CHIEF FINANCIAL OFFICER 9127908874 2018-08-08 1 SUSAN G CORDERMAN CLIFFORD P00647789 9122348243 2018-08-10 2017 2022-09-23 18:48:47Z TELFAIR MUSEUMS JOSEPH RUDDER PO BOX 10081 SAVANNAH GA 31412 12816096 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. 25 25 84 500 0 0 1934298 3092307 1480013 1445378 1743019 1980176 249592 50546 5406922 6568407 0 0 0 0 2584014 2761998 0 0 517258 3397593 3455239 5981607 6217237 -574685 351170 55970562 58317175 6471454 6494594 49499108 51822581 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 2044216 714659 EXHIBITIONS - IN 2017, THE MUSEUM PRESENTED 34 EXHIBITIONS, 30 OF WHICH WERE ORGANIZED BY THE TELFAIR. THE FEATURED EXHIBITIONS RANGED FROM A PRESENTATION OF BRONZES BY SCULPTOR AUGUSTE RODIN TO AN AWARD-WINNING EXHIBITION HIGHLIGHTING CONTEMPORARY WORK BY THREE WOMEN ARTISTS FROM AN IRAQI-CANADIAN FAMILY. A HIGHLIGHT OF 2017 WAS TELFAIR'S ORGANIZATION OF THE EXHIBITION WILLIAM WEGMAN: IMPROVED PHOTOGRAPHS, WHICH SHOWCASED THE ARTIST'S ICONIC WEIMARANER PHOTOGRAPHS ALONGSIDE HIS MORE RECENT POSTCARD PAINTINGS. OTHER SIGNIFICANT EXHIBITIONS INCLUDED NICK CAVE, WHICH PRESENTED SOUNDSUITS AND TONDOS BY THE RENOWNED CHICAGO-BASED ARTIST; KIRK VARNEDOE: IN THE MIDDLE AT THE MODERN, A CHALLENGING MULTIMEDIA INSTALLATION THAT QUESTIONED AUTHENTICITY AND IGNITED DISCUSSION ABOUT THE POWER OF MUSEUMS TO BESTOW OBJECTS WITH "HIGH OR "LOW" VALUE; AND KAHLIL GIBRAN AND THE FEMININE DIVINE, WHICH EXAMINED GODDESS IMAGERY IN TELFAIR'S COLLECTION OF VISUAL ART BY THE LEBANESE-AMERICAN POET GIBRAN (1883-1931). TELFAIR ALSO CONTINUED ITS #ART912 INITIATIVE IN 2017, PROVIDING EXHIBITION OPPORTUNITIES TO 38 LOCAL ARTISTS OVER THE COURSE OF THE YEAR. 952459 46131 EDUCATION PROGRAMS - NEARLY 8,000 PRE-K THROUGH COLLEGE STUDENTS VISITED THE MUSEUMS FOR EDUCATIONAL TOURS IN 2017. OF THESE, MORE THAN 3,267 ELEMENTARY STUDENTS PARTICIPATED IN FREE DISCUSSION-BASED TOURS OF THE EXHIBITION RODIN: THE HUMAN EXPERIENCE (SEPT.-DEC.), AND AN ADDITIONAL 350 PARTICIPATED IN FREE TOURS FOR TITLE 1 SCHOOLS. 1,434 INDIVIDUALS, INCLUDING MORE THAN 800 CHILDREN, WERE SERVED IN 176 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. 22 EVENING LECTURE, FILM AND PERFORMANCE PROGRAMS WERE ATTENDED BY 2803 PARTICIPANTS. NEARLY 3,000 (2,921) PEOPLE TOOK PART IN THE LARGELY FREE PULSE ART AND TECHNOLOGY FESTIVAL. 5,876 INDIVIDUALS OF ALL AGES ATTENDED SIX FREE FAMILY DAYS. NEARLY 400 CHILDREN ATTENDED PRE-K, TODDLER AND HEAD START PROGRAMS. 316 YOUTHS AND 50 ADULTS TOOK PART IN STUDIO CLASSES, CAMPS AND WORKSHOPS, 40 STUDENTS PARTICIPATING FREE OF CHARGE DUE TO SCHOLARSHIPS AND FUNDING. 1,115 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. 1625339 729834 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 2017, THE TELFAIR ACQUIRED 18 WORKS FOR THE COLLECTION, LARGELY THROUGH GIFTS. THESE ACQUISITIONS INCLUDE PAINTINGS, WORKS ON PAPER, PHOTOGRAPHS, SILVER, MIXED MEDIA AND DECORATIVE ART OBJECTS. THESE WORKS HAVE HELPED TO AUGMENT AND DIVERSIFY THE TELFAIR'S PERMANENT COLLECTION. 78038 460 78038 460 4700052 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 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 61 0 1 84 1 0 0 0 0 0 1 1 0 0 X 25 25 1 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 CHERYL DOZIER PHD VICE CHAIR 10.00 X X 0 0 0 TOM REILLY VICE CHAIR 10.00 X X 0 0 0 DALE C CRITZ JR CHAIR-ELECT 10.00 X X 0 0 0 SYLVIA COKER TRUSTEE 3.00 X 0 0 0 JOSH KELLER TRUSTEE 3.00 X 0 0 0 J WILSON MORRIS TRUSTEE 3.00 X 0 0 0 DAVID E PADDISON TRUSTEE 3.00 X 0 0 0 ROSALEEN ROXBURGH TRUSTEE 3.00 X 0 0 0 SWANN SEILER VICE CHAIR 10.00 X X 0 0 0 HUGUENIN THOMAS III TRUSTEE 3.00 X 0 0 0 JAN H DORMAN TRUSTEE 3.00 X 0 0 0 DAVE NEISES TRUSTEE 3.00 X 0 0 0 DAVID M HILLENBRAND PHD TRUSTEE 3.00 X 0 0 0 KELLY L BOUCHILLON SR TRUSTEE 3.00 X 0 0 0 MEREDITH R DULANY TRUSTEE 3.00 X 0 0 0 M ANN LEVETT ED D TRUSTEE 3.00 X 0 0 0 MALCOLM L BUTLER TRUSTEE 3.00 X 0 0 0 BRENT HARLANDER TRUSTEE 3.00 X 0 0 0 LESLIE LITTLEJOHN TRUSTEE 3.00 X 0 0 0 SUSAN WILLETTS TRUSTEE 3.00 X 0 0 0 WILLIAM T MOORE PHD TREASURER 10.00 X X 0 0 0 ROBERT FAIRCLOTH SECRETARY 10.00 X X 0 0 0 JOHN NEELY III LEGAL COUNSEL 10.00 X X 0 0 0 CHERI ROACH IMMEDIATE PAST CHAIR 10.00 X X 0 0 0 ANN MILLER HONORARY TRUSTEE 3.00 X 0 0 0 FRIDA MOORE SINKLER HONORARY TRUSTEE 3.00 X 0 0 0 CATHY SOLOMONS HONORARY TRUSTEE 3.00 X 0 0 0 ALICE A JEPSON HONORARY TRUSTEE 3.00 X 0 0 0 RICHARD ECKBURG HONORARY TRUSTEE 3.00 X 0 0 0 ROBERT S JEPSON JR HONORARY TRUSTEE 3.00 X 0 0 0 CAROLYN LUCK MCELVEEN HONORARY TRUSTEE 3.00 X 0 0 0 HELEN STEWARD HONORARY TRUSTEE 3.00 X 0 0 0 TED J KLEISNER CHAIRMAN 10.00 X X 0 0 0 LISA GROVE DIRECTOR AND CEO 60.00 X 230192 0 5720 JOSEPH RUDDER CFO 50.00 X 92596 0 0 322788 0 5720 1 0 1 0 SUNSTATES SECURITY LLC 802 CORPORATE CENTER DRIVE RALEIGH NC 27607 SECURITY SERVICES 368894 CHOATE CONSTRUCTION 101 W MULBERRY BLVD SUITE 200 SAVANNAH GA 31407 CONSTRUCTION 308704 SOUTHERN ATLANTIC MECHANICAL 3770 FERNANDINA RD COLUMBIA SC 29210 MAINTENANCE 244522 3 206760 431907 250000 2203640 3092307 MUSEUM ADMISSIONS 713990 1409271 1409271 EDUCATION PROGRAM REVENUE 611710 36107 36107 1445378 591168 591168 47200 23729 24095 0 23105 23729 46834 46834 6947670 5558662 1389008 1389008 1389008 280834 431907 322828 -41994 -41994 372175 342104 30071 30071 MISCELLANEOUS 900099 15635 15635 15635 6568407 1491084 0 1985016 328508 167114 80697 80697 2042047 1635076 217720 189251 228614 228231 287 96 162829 125384 19899 17546 8693 8693 29600 29600 152203 152203 413408 323475 48907 41026 267183 179482 39851 47850 224629 157921 35930 30778 97410 38964 29223 29223 675975 508995 142876 24104 10809 10809 7187 2627 2684 1876 128644 100342 20583 7719 790473 671902 79047 39524 151269 121011 22690 7568 CURATORIAL EXPENSES 310976 310976 EDUCATION 128552 128552 CREDIT CARD PROCESSING 58228 58228 6217237 4700052 999927 517258 886710 638398 869300 825400 135389 130012 122725 90193 121251 230616 33470280 9725019 23626069 23745261 24432297 25844478 3944696 4591772 1832125 2221045 55970562 58317175 441132 505873 139281 90132 5891041 5898589 6471454 6494594 X 28484255 29270546 6872409 8393591 14142444 14158444 49499108 51822581 55970562 58317175 X 351170 2081224 -108921 X 0 1 X 1 0 X 4022394 4401700 2150896 1931798 3092307 15599095 4022394 4401700 2150896 1931798 3092307 15599095 3192672 12406423 572235 564787 599840 562179 591168 2890209 18489304 7479222 0.67100 0.64810 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 0 28303413 707590 4061400 2574966 152203 30345234 26085291 2141100 2232246 2008830 146394 28303413 17622842 9034921 273314 845786 26085291 16369223 1128350 801799 676530 17622842 10883492 3004439 3115653 634361 16369223 0.40710 0.46630 0.12660 1 0 1254866 1254866 28856753 6858537 21998216 3358661 2866482 492179 23745261 CHATHAM SMALL CAP PARTNERSHIP I, L.P. 4591772 F 4591772 X 8796211 2081224 2081224 6714987 -146580 -146580 6568407 6472738 255501 255501 6217237 0 6217237 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, 2017, 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 2014. 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 ADJUSTMENT TELFAIR BALL 534111 374391 159720 41651 44974 6215 36855 ART FAIR 67884 5045 62839 6000 21826 10878 1050 19055 3 110746 52471 58275 500 17496 82357 3584 30387 712741 431907 280834 6500 80973 138209 10849 86297 322828 -41994 X 0 1 X X X 0 0 0 0 0 0 0 0 0 LISA GROVE DIRECTOR AND CEO 230192 0 0 0 0 0 0 0 5720 0 235912 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 EMILY CAY - SPOUSE RELATED TO CAY I FORMER TRUSTEE 151214 PROPERTY AND LIABILITY INSURANCE SERVICES THROUGH CAY INSURANCE SERVICES 0 X 18 0 X 67856 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 A, LINE 2 MR. ROBERT S. JEPSON, JR. AND MRS. ALICE JEPSON - FAMILY RELATIONSHIP 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 -108,920. ROUNDING ADJUSTMENT -1.