2018-05-21T12:25:01-05:00 2017-09-30 MARCUM LLP ONE SE THIRD AVENUE SUITE 1100 MIAMI FL 33131 990 2016-10-01 592048869 JORGE M PEREZ ART MUSEUM OF MIAMI-DADE COUNTY INC % MARK B ROSENBLUM JORG 3053753000 1103 BISCAYNE BLVD MIAMI FL 33132 MARK B ROSENBLUM DEPUTY DIRECTOR 7863455660 2018-05-10 2016 2022-09-23 18:48:47Z JEFF KRINSKY 1103 BISCAYNE BLVD MIAMI FL 33132 36362942 false X www.pamm.org X 1996 FL VARIOUS MUSEUM EXHIBITIONS, EDUCATIONAL PROGRAMS, LECTURES AND OTHER RELATED EVENTS 46 44 157 100 0 13421197 22829344 1592578 1865563 402511 962574 2461012 3183699 17877298 28841180 0 0 0 0 5266016 5374022 0 0 3111221 16695257 15696792 21961273 21070814 -4083975 7770366 160550335 168123329 13417528 12394625 147132807 155728704 X Our mission is to be a leader in the presentation, study, interpretation, and care of international modern and contemporary art, while representing Miami-Dade and cherishing the unique viewpoint of its peoples. Through our exhibitions and programs, we aim to encourage everyone to see art as an incentive for genuine human interaction, communication, and exchange. false false 12086573 1865563 VARIOUS MUSEUM EXHIBITIONS, EDUCATIONAL PROGRAMS, LECTURES AND OTHER RELATED EVENTS 12086573 true true false true false false false true false true true true false false true true true false false false false false false false true false false false false true false false false false false false false false true true false false false false false false false true 69 0 true 157 true false false false false false true true false false false false X 46 44 true false false false false false false true false false false true true true true true true true true false FL X X MARK B ROSENBLUM 7863455660 1103 BISCAYNE BLVD MIAMI FL 33132 X AARON PODHURST CHAIRMAN 4.0 0.0 X X 0 0 0 JEFF KRINSKY PRESIDENT 4.0 0.0 X X 0 0 0 GREGORY C FERRERO VICE-PRESIDENT 4.0 0.0 X X 0 0 0 WALID G WAHAB VICE-PRESIDENT 4.0 0.0 X X 0 0 0 MITCHELL A BIERMAN SECRETARY 4.0 0.0 X X 0 0 0 LUKE R PALACIO TREASURER 4.0 0.0 X X 0 0 0 MIREILLE CHANCY GONZALEZ AT LARGE 2.0 0.0 X 0 0 0 ROSE ELLEN MEYERHOFF GREENE AT LARGE 4.0 0.0 X 0 0 0 DIANE GROB AT LARGE 2.0 0.0 X 0 0 0 MARK A PARESKY AT LARGE 2.0 0.0 X 0 0 0 GAIL S MEYERS EX-OFFICIO PRESIDENT 2.0 0.0 X 0 0 0 T CHRISTIAN ARMSTRONG TRUSTEE 4.0 0.0 X 0 0 0 MARIA C BECHILY TRUSTEE 1.0 0.0 X 0 0 0 BARRON CHANNER TRUSTEE 2.0 0.0 X 0 0 0 ARLENE CHAPLIN TRUSTEE 1.0 0.0 X 0 0 0 GEORGE CRAPPLE TRUSTEE 2.0 0.0 X 0 0 0 MADELEINE CONWAY TRUSTEE 1.0 0.0 X 0 0 0 SILVIA RIOS FORTUN TRUSTEE 1.0 0.0 X 0 0 0 JOHN D FUMAGALLI TRUSTEE 1.0 0.0 X 0 0 0 ADRI GUHA TRUSTEE 2.0 0.0 X 0 0 0 CAROLE F HALL TRUSTEE 1.0 0.0 X 0 0 0 DEBORAH HOFFMAN TRUSTEE 1.0 0.0 X 0 0 0 ALEXANDER HURST TRUSTEE 1.0 0.0 X 0 0 0 SUSANA L IBARGUEN TRUSTEE 2.0 0.0 X 0 0 0 NEDRA A KALISH TRUSTEE 1.0 0.0 X 0 0 0 LAURA B KAPLAN TRUSTEE 1.0 0.0 X 0 0 0 PATRICIA M KLEH TRUSTEE 1.0 0.0 X 0 0 0 CAMILLE R MCDOWELL TRUSTEE 1.0 0.0 X 0 0 0 DERYL MCKISSACK TRUSTEE 1.0 0.0 X 0 0 0 DAVID MARTIN TRUSTEE 1.0 0.0 X 0 0 0 DIANE MOSS TRUSTEE 2.0 0.0 X 0 0 0 MARK E OREN TRUSTEE 2.0 0.0 X 0 0 0 NEDRA OREN TRUSTEE 2.0 0.0 X 0 0 0 PATRICIA PAPPER TRUSTEE 2.0 0.0 X 0 0 0 JORGE M PEREZ TRUSTEE 3.0 0.0 X 0 0 0 PATRICK J PEYTON TRUSTEE 3.0 0.0 X 0 0 0 SYLVIA T POPE TRUSTEE 1.0 0.0 X 0 0 0 CRAIG ROBINS TRUSTEE 1.0 0.0 X 0 0 0 GLORIA G SCHARLIN TRUSTEE 1.0 0.0 X 0 0 0 DENNIS SCHOLL TRUSTEE 2.0 0.0 X 0 0 0 LEE BRIAN SCHRAGER TRUSTEE 4.0 0.0 X 0 0 0 SANDRA TAMER TRUSTEE 1.0 0.0 X 0 0 0 DOROTHY TERRELL TRUSTEE 1.0 0.0 X 0 0 0 PADMA RAJ VATTIKUTI TRUSTEE 1.0 0.0 X 0 0 0 MARY WOLFSON TRUSTEE 2.0 0.0 X 0 0 0 ALEXA WOLMAN TRUSTEE 2.0 0.0 X 0 0 0 HOLLIE ALTMAN DIRECTOR 40.0 0.0 X 97896 0 7797 TOBIAS OSTRANDER DEPUTY DIRECTOR 40.0 0.0 X 179897 0 9100 MARK ROSENBLUM DEPUTY DIRECTOR 40.0 0.0 X 176211 0 7301 FRANKLIN SIRMANS MUSEUM DIRECTOR 40.0 0.0 X 302885 0 7785 M THERESE VENTO DEPUTY DIRECTOR 40.0 0.0 X 165846 0 8441 922735 0 40424 4 false true false ALLIED UNIVERSAL 161 WASHINGTON STREET 600 CONSHOHOCKEN PA 19428 OUTSOURCED SECURITY 1432886 STARR EVENTS 667 N BROAD STREET PHILADELPHIA PA 19123 EVENT CATERING 403876 PRITCHARD INDUSTRIES INC 2130 PRIEST BRIDGE DRIVE 9 CROFTON MD 21114 JANITORIAL SERVICES 404366 CENTURY RISK ADVISORS 2600 N MILITARY TRAIL BOCA RATON FL 33431 INSURANCE 663202 FLORIDA BLUE 4800 DEERWOOD CAMPUS PKWY JACKSONVILLE FL 32246 INSURANCE 437137 27 X 463366 876811 4232292 17256875 1124097 22829344 ADMISSIONS 900099 1733971 1733971 TRAVEL AND TOURS 900099 131592 131592 1865563 340797 340797 0 336928 336928 1255477 420934 834543 0 834543 834543 6681532 6059755 621777 621777 621777 464674 876811 464674 0 0 0 1170969 576399 594570 594570 PARKING - BENEFIT OF PATRONS 1204920 1204920 OTHER INCOME 212738 212738 1417658 28841180 3877791 2134045 0 0 0 0 963159 463568 298087 201504 0 3649272 1610100 1346132 693040 0 439079 190440 159605 89034 322512 143599 115898 63015 0 32025 32025 59515 59515 0 0 0 1538960 830119 476027 232814 463451 232003 159752 71696 344409 151386 83818 109205 270937 84610 172674 13653 628235 628235 3214162 2189764 983832 40566 966359 800037 44019 122303 0 0 512953 512953 0 3432131 2162242 1201246 68643 686273 440366 227997 17910 ART COLLECTION 1866105 1866105 CAPITAL CAMPAIGN EXPENSES 109088 109088 EQUIPMENT RENTAL 132404 108671 12939 10794 MISCELLANEOUS 315688 177153 126185 12350 1124097 8175 373269 742653 21070814 12086573 5873020 3111221 X 2120796 3132507 0 0 15837431 23301058 294179 409680 0 0 0 0 0 0 481209 489389 340261 415553 132694933 13136613 122887055 119558320 0 0 14265602 16468702 0 0 0 0 4323802 4348120 160550335 168123329 910091 875141 0 0 374087 536815 0 0 0 0 0 0 11580000 10730000 0 0 553350 252669 13417528 12394625 X 122099953 119764023 12457854 16001805 12575000 19962876 147132807 155728704 160550335 168123329 7770366 825531 X false true X true false X 55110653 16571578 10311817 13421197 22829344 118244589 0 0 0 0 0 0 0 55110653 16571578 10311817 13421197 22829344 118244589 0 118244589 321173 1296937 2052867 1883862 1933202 7488041 0 203064 2402921 3198397 2274504 3053301 11132187 136864817 4671961 0.86395 0.91403 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true 30000 30000 false SCHEDULE C, PART II-B, LINE 1F THE ORGANIZATION CONTRIBUTED $30,000 TO BALLARD PARTNERS, A FIRM THAT SPECIALIZES IN LEGISLATIVE ADVOCACY. BALLARD CONTINUALLY ATTEMPTS TO INFLUENCE LEGISTLATION TO FURTHER SUPPORT THE MUSEUM. THESE ACTIVITIES DID NOT CAUSE THE ORGANIZATION TO BE NOT DESCRIBED IN SECTION 501(C)(3). X X X X false 14268065 8728105 1335181 530150 23801201 14002896 974542 709373 14268065 15675237 -314928 1357412 14002897 13757320 750000 1176239 8322 15675237 12827910 940080 10670 13757320 0.07270 0.83870 0.08860 false false 123200256 9450177 113750079 3805351 2595982 1209369 5689326 1090454 4598872 119558320 MONEY MARKET FUNDS 2834775 F EQUITY SECURITIES FUNDS 8525188 F FIXED INCOME FUNDS 3511896 F REAL ESTATE FUNDS 271182 F ALTERNATIVE ASSETS 1325661 F 16468702 0 FAIR VALUE OF DERIVATIVE - INT 252669 252669 X 30128285 289772 997333 1287105 28841180 28841180 22357919 289772 997333 1287105 21070814 21070814 COLLECTIONS OF ART Works of art, historical treasures, or similar assets that are (a) held for public exhibition, education, or research in furtherance of public service rather than financial gain; (b) protected, kept unencumbered, cared for, and preserved; and (c) subject to an organizational policy that requires the proceeds of items that are sold to be used to acquire other items for collections, which were acquired through purchases and contributions since the Museum revised its mission in October 1996, are not recognized as assets on the statements of financial position. Purchases of collection items are recorded as decreases in unrestricted net assets in the year in which the items are acquired or as decreases in temporarily or permanently restricted net assets if the assets used to purchase the items are restricted by donors. Contributed collection items are not reflected on the financial statements. As of September 30, 2017 and 2016, the Museum's collection consists of 2,262 and 2,014 works of art, respectively. COLLECTIONS OF ART IN ITS BROADEST SENSE, PEREZ ART MUSEUM MIAMI'S GOAL, AS STATED IN ITS MISSION, IS TO EXHIBIT, COLLECT, PRESERVE AND INTERPRET INTERNATIONAL ART OF THE 20TH AND 21ST CENTURIES. IN PARTICULAR, PEREZ ART MUSEUM MIAMI'S FOCUS IS ON ART FROM THE 1930S TO THE PRESENT THAT REFLECTS THE CROSS-POLLINATION OF IDEAS BETWEEN NORTH AMERICA, SOUTH AMERICA (INCLUDING THE CARIBBEAN), EUROPE AND AFRICA, WITH THE STRONGEST FOCUS ON THE NEXUS BETWEEN THE UNITED STATES AND LATIN AMERICA. THIS CHRONOLOGICAL AND GEOGRAPHICAL FOCUS IS A REFLECTION OF BOTH SOUTH FLORIDA'S HISTORY AND DEMOGRAPHICS AND THE ART HISTORICAL MOMENT WHEN MODERN ART OF THE AMERICAS BEGAN ASSERTING ITS OWN IDENTITY, DERIVED FROM BUT INDEPENDENT OF EUROPEAN TRADITION. THIS APPROACH ALLOWS PEREZ ART MUSEUM MIAMI TO EMPHASIZE MIAMI'S CHARACTER AS A POINT OF CONVERGENCE FOR A DYNAMIC RANGE OF CULTURAL CURRENTS FOR THE AMERICAS, EUROPE AND AFRICA. OTHER ADJUSTMENTS TO REVENUE & EXPENSES THE COST OF GOODS SOLD RELATED TO THE MUSEUM SHOP SALES IS REPORTED AS AN EXPENSE ON THE AUDITED FINANCIAL STATEMENTS. ON THE FORM 990, WE NET THE COST OF GOODS SOLD WITH SHOP REVENUE - COST OF INVENTORY SOLD: $576,399. THE DIRECT RENTAL EXPENSES RELATED TO THE FACILITY RENTALS IS REPORTED AS AN EXPENSE ON THE AUDITED FINANCIAL STATEMENTS. ON THE FORM 990, WE NET THE DIRECT RENTAL EXPENSES WITH GROSS RENTAL INCOME - DIRECT RENTAL EXPENSES: $420,934. TOTAL ADJUSTMENT: $997,333 ENDOWMENT FUNDS THE MUSEUM HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS WHICH IS PRIMARILY USED FOR EDUCATIONAL PROGRAMMING, OPERATIONS, AND ART ACQUISITIONS. UNCERTAIN TAX POSITION The Museum follows the provisions of FASB ASC Topic 740-10 and related subsections for the recognition, measurement, classification, and disclosure in the financial statements of uncertain tax positions taken or expected to be taken in the Museum's tax returns. As a result of implementing this guidance, management has determined that the Museum does not have any uncertain tax positions and associated unrecognized benefits that materially impact the financial statements or related disclosures. Since tax matters are subject to some degree of uncertainty, there can be no assurance that the Museum's tax returns will not be challenged by the taxing authorities and that the Museum will not be subject to additional tax, penalties, and interest as a result of such challenge. If the Museum were to incur an income tax liability in the future, interest would be reported as interest expense and penalties would be reported as income taxes. PAMM GALA 1190280 737979 452301 452301 LUNCHEON 151205 138832 12373 12373 0 0 0 0 0 1341485 876811 464674 464674 464674 X X X X X false false false false false false false false false HOLLIE ALTMAN DIRECTOR 97896 0 0 0 0 0 0 0 7797 0 105693 0 0 0 TOBIAS OSTRANDER DEPUTY DIRECTOR 179897 0 0 0 0 0 0 0 9100 0 188997 0 0 0 MARK ROSENBLUM DEPUTY DIRECTOR 176211 0 0 0 0 0 0 0 7301 0 183512 0 0 0 FRANKLIN SIRMANS MUSEUM DIRECTOR 302885 0 0 0 0 0 0 0 7785 0 310670 0 0 0 M THERESE VENTO DEPUTY DIRECTOR 165846 0 0 0 0 0 0 0 8441 0 174287 0 0 0 X FOOD AND BEVERAGES 21 218985 REPLACEMENT COST X ADVERTISING 17 435874 REPLACEMENT COST X DONOR & MEMBERSHIP GIFTS 9 469238 REPLACEMENT COST false false false CONTRIBUTIONS OF ART THE FILING ORGANIZATION IS A MUSEUM AND ELECTS UNDER SFAS 116 NOT TO CAPITALIZE ITS COLLECTIONS; THEREFORE, NO REVENUE IS REPORTED ON FORM 990, PART VIII, STATEMENT OF REVENUE, LINE 1G AS PERMITTED UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. PART VI, SECTION B, LINE 11 - REVIEW OF FORM 990 A DRAFT OF THE FORM 990 WAS PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW AND APPROVAL AND TO THE BOARD FOR FINAL APPROVAL. THE RETURN WAS UPDATED FOR ANY CHANGES AS INDICATED BY THE AUDIT COMMITTEE BEFORE FINALIZING THE RETURN. PART VI, SECTION B, LINE 12C - CONFLICT OF INTEREST SELF EVALUATION FORMS ARE SENT ANNUALLY TO BOARD OF TRUSTEES AS WELL AS PERIODIC REQUESTS FROM THE BOARD. PART VI, SECTION C, LINE 19 - DOCUMENT REQUEST DOCUMENTS ARE PROVIDED TO THE PUBLIC UPON REQUEST. PART VI, SECTION A, LINE 2 - FAMILY RELATIONSHIPS BETWEEN BOARD Nedra Oren and Mark Oren - MARRIED PART VI, SECTION B, LINE 15C - COMPENSATION REVIEW THE BOARD REVIEWS THE SALARIES OF ALL TOP OFFICALS AND OTHER OFFICERS BY REVIEWING THE COMPENSATION LEVELS SET IN THE AND SALARY SURVEY. PART VI, SECTION A, LINE 8B - COMMITTEE MINUTES THE ORGANIZATION DOES NOT HAVE A SEPARATE COMMITTEE WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.