2017-11-14T08:27:04-06:00 2017-06-30 650761640 MORGAN JACOBY THURN BOYLE & ASSOC PA 700 20TH ST VERO BEACH FL 32960 990 2016-07-01 591867408 VERO BEACH MUSEUM OF ART INC VERO 7722310707 3001 RIVERSIDE PARK DRIVE VERO BEACH FL 32963 BRADY ROBERTS EXECUTIVE DIRECTOR 7722310707 2017-11-12 1 CASPER J JACOBY P00243033 7725624158 50.248.52.173 2017-11-12 13:09:49 ES P 1F15145B2DC08ACA7D3144C3EAC43007B82E971D F69A75D61D10BC9498DBC33C1328FBF2AF118649 2016 2021-01-29 14:40:06Z BRADY ROBERTS 3001 RIVERSIDE PARK DRIVE VERO BEACH FL 32963 12095828 0 X WWW.VEROBEACHMUSEUM.ORG X 1978 FL THE VERO BEACH MUSEUM OF ART PROVIDES CULTURAL LEADERSHIP AND ENRICHMENT FOR THE PUBLIC THROUGH A WIDE VARIETY OF EDUCATIONAL, STUDIO ART AND HUMANITIES PROGRAMS; A DIVERSITY OF QUALITY EXHIBITIONS; AND THE COLLECTION, PRESERVATION AND PRESENTATION OF IMPORTANT AMERICAN AND INTERNATIONAL WORKS OF ART. 24 24 0 311 -39560 -39560 5410298 3740682 807471 858435 1261690 1815240 771862 421784 8251321 6836141 0 0 0 0 328960 469469 70000 0 812095 6003492 5175753 6402452 5645222 1848869 1190919 46624157 48460179 1252592 421550 45371565 48038629 X THE VERO BEACH MUSEUM OF ART PROVIDES CULTURAL LEADERSHIP AND ENRICHMENT FOR THE PUBLIC THROUGH A WIDE VARIETY OF EDUCATIONAL, STUDIO ART AND HUMANITIES PROGRAMS; A DIVERSITY OF QUALITY EXHIBITIONS; AND THE COLLECTION, PRESERVATION AND PRESENTATION OF IMPORTANT AMERICAN AND INTERNATIONAL WORKS OF ART. 0 0 1471364 280935 EXHIBITIONS & COLLECTIONS - THE MUSEUM PROVIDES CULTURAL ENRICHMENT FOR THE PUBLIC THROUGH TEMPORARY ART EXHIBITIONS, EXPLORATION IN THE HUMANITIES, PROFESSIONAL STUDIO AND CLASSROOM INSTRUCTION FOR ALL AGES, AND A PERMANENT ART COLLECTION. NEW PROGRAMS, SUPPORTED BY MARKETING STRATEGIES TO REACH NEW AUDIENCES ARE CREATED TO ENCOURAGE INCREASED PARTICIPATION. EXHIBITIONS PRESENTED DURING 2016-2017 INCLUDED: FROM EXHIBITION TO COLLECTION (ATTENDANCE: 3,316); A VIEW OUT HIS WINDOW (AND IN HIS MIND'S EYE): PHOTOGRAPHS BY JEFFREY BECTON (ATTENDANCE 14,307); DEBORAH BUTTERFIELD: HORSES (ATTENDANCE 15,522); THE AMERICAN SPIRIT: SELECTIONS FROM THE MANOOGIAN COLLECTION (ATTENDANCE 6,240); LARRY KAGAN OBJECT/SHADOW (ATTENDANCE 14,775); MASTERS OF STUDIO GLASS: SELECTIONS FROM THE PERM. COLL. (ATTENDANCE 3,743); DAVID DRAKE: POTTER & POET (ATTENDANCE 4,820);PAINTINGS BY BRUCE MARSH (ATTENDANCE 5,532); OUT OF THIS WORLD: THE ART AND ARTISTS OF NASA (ATTENDANCE 6,089). 1350675 575796 EDUCATION - THE MUSEUM OFFERS VARIOUS EDUCATIONAL ACTIVITIES AND EVENTS TO THE GENERAL PUBLIC, INCLUDING ART CLASSES, FILM APPRECIATION CLASSES, LECTURES AND SEMINARS, PROGRAMS, WORKSHOPS, AND REFERENCE LIBRARY. DURING THE YEAR SEVERAL CLASSES AND WORKSHOPS WERE HELD, AS WELL AS A SUMMER ART CAMP, WITH TOTAL ENROLLMENT/ATTENDANCE OF 2,458. IN ADDITION, LECTURES, SEMINARS, OPERA STUDIES, AND FILM SERIES WERE HELD, WITH TOTAL ATTENDANCE OF 7,318. DURING THE YEAR VARIOUS SCHOOL PROGRAMS, ADULT PUBLIC PROGRAMS, AND COMMUNITY PARTNERSHIP OUTREACH PROGRAMS WERE HELD WITH A TOTAL ATTENDANCE OF 3,898 PARTICIPANTS. VARIOUS YOUTH AND FAMILY PROGRAMS WERE HELD WHICH INCLUDED HOLIDAY @ MUSUEM, CHILDREN'S ART FEST, KIDZ ARTSHOPS, AND TOURS WITH TOTAL ATTENDANCE OF 10,564. 2822039 1 1 0 0 0 0 0 1 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 28 0 0 1 1 0 0 0 0 1 1 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X CARIDAD WEBER 7722310707 3001 RIVERSIDE PARK DRIVE VERO BEACH FL 32963 SANDRA ROLF CHAIRMAN 1.00 X X 0 0 0 HERBERT F ASPBURY VICE CHAIRMAN/ GOVERNANCE 1.00 X X 0 0 0 BERNARD H KASTORY TREASURER 1.00 X X 0 0 0 ROSE CIAMPA SECRETARY 1.00 X X 0 0 0 SCOTT E ALEXANDER TRUSTEE 1.00 X 0 0 0 KJESTINE BIJUR TRUSTEE 1.00 X X 0 0 0 STEPHEN C COLEY TRUSTEE 1.00 X 0 0 0 PETER C COXHEAD TRUSTEE 1.00 X 0 0 0 SHARON DIXON TRUSTEE 1.00 X 0 0 0 ELLEN M FERRO TRUSTEE 1.00 X 0 0 0 JANET A HOFFMAN TRUSTEE 1.00 X 0 0 0 BARBARA REGAN TRUSTEE 1.00 X 0 0 0 EMILY REEVES TREMML TRUSTEE 1.00 X 0 0 0 SUSAN L BOUMA TRUSTEE 1.00 X 0 0 0 JAMES H CARNEY II TRUSTEE 1.00 X 0 0 0 SUSAN DOBBS TRUSTEE 1.00 X 0 0 0 MADELINE LONG TRUSTEE 1.00 X 0 0 0 RONALD H MCGLYNN TRUSTEE 1.00 X 0 0 0 CONNIE PATTERSON TRUSTEE 1.00 X 0 0 0 CHARLOTTE STIFEL TRUSTEE 1.00 X 0 0 0 HARVEY J STRUTHERS JR TRUSTEE 1.00 X 0 0 0 DOUGLAS T TANSILL TRUSTEE 1.00 X 0 0 0 JOHN TAYLOR III TRUSTEE 1.00 X 0 0 0 ROBERTA TITELMAN TRUSTEE 1.00 X 0 0 0 LUCINDA GEDEON EXECUTIVE DIRECTOR 40.00 X 219164 0 7941 BRADY ROBERTS EXECUTIVE DIRECTOR 40.00 X 8269 0 0 CARIDAD WEBER FINANCE MANAGER 40.00 X 76875 0 15072 ROBYN ORZEL DIRECTOR OF DEVELOPMENT 40.00 X 133778 0 16893 438086 0 39906 2 0 1 0 0 102888 3637794 697024 3740682 ART SCHOOL TUITION 611600 575796 575796 ADMISSIONS & FEES 713990 272022 272022 OTHER PROGRAM SERVICE 713990 10617 10617 858435 837318 837318 12377 0 12377 12377 12377 5961444 200 4981882 1840 979562 -1640 977922 -1640 979562 541420 82725 458695 458695 153680 193240 -39560 -39560 OTHER REVENUE 713990 -64 -64 CHANGE IN VALUE CRUT 900099 -9664 -9664 -9728 6836141 856731 -39560 2278288 X 469469 94631 372861 1977 2756 2756 24250 24250 100080 100080 2072935 1370617 223083 479235 69660 75 69585 613341 276469 120927 215945 651514 503630 147785 99 32406 17504 10548 4354 9895 9895 697244 697244 ACQUISITION OF ART 406598 406598 OTHER 249888 43085 187678 19125 ENTERTAINMENT 100722 7275 8129 85318 HONORARIUM 86277 82777 0 3500 58187 19378 36267 2542 5645222 2822039 2011088 812095 664932 340262 666637 917132 329000 60000 51990 42621 275349 289306 19905216 6620626 13860083 13284590 24932626 27918370 5843540 5607898 46624157 48460179 269598 260375 292174 161175 690820 0 1252592 421550 X 18958750 19415522 5888671 7263921 20524144 21359186 45371565 48038629 46624157 48460179 1190919 1486211 -10066 0 X X 0 1 X 1 0 X 3929420 4120946 15771560 5410298 3740682 32972906 138643 138036 137378 136665 135894 686616 4068063 4258982 15908938 5546963 3876576 33659522 9076870 24582652 267268 291574 420980 751832 849695 2581349 1540 -2226 -17720 -11918 -39560 -69884 1257587 1456042 1543940 1556330 1398151 7212050 43383037 4579704 0.56660 0.57470 X SCHEDULE A PART II, LINE 10, EXPLANATION FOR OTHER INCOME: PROGRAM SERVICE REVENUE FUNDRAISING INCOME OTHER RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 25404194 1630725 3299888 1382541 64400 28887866 15283259 10291522 118143 247776 40954 25404194 14356707 1958439 -50544 908386 72957 15283259 12003821 460278 2418810 468696 57506 14356707 10861276 1531735 389190 12003821 0.18670 0.67600 0.13730 0 0 18220449 5580320 12640129 950641 801840 148801 734126 238466 495660 13284590 ASSETS RESTRICTED FOR ART COLLECTIONS 1659515 BENEFICIAL INTEREST IN REMAINDER TRUSTS 752886 LEASEHOLD INTEREST 1693158 ASSETS RESTRICTED FOR CAPITAL PROJECTS 343457 ASSETS RESTRICTED FOR PERMANENT ENDOWMENT 1158882 5607898 X 8781436 1486211 135894 323190 1945295 6836141 0 6836141 6114372 145960 323190 469150 5645222 0 5645222 PART III, LINE 1A: THE MUSEUM ACCOUNTS FOR THE ACQUISITION OF ITS ART COLLECTION AS EXPENDITURES IN THE STATEMENT OF ACTIVITIES IN THE YEAR IN WHICH THE ART OBJECTS ARE ACQUIRED. ACCORDINGLY, THE MUSEUM'S ART COLLECTIONS ACQUIRED THROUGH PURCHASE OR CONTRIBUTION ARE NOT REFLECTED AS ASSETS IN THE STATEMENT OF FINANCIAL POSITION. PROCEEDS FROM DEACCESSIONS OF ART OBJECTS ARE RECORDED AS INCREASES IN TEMPORARILY RESTRICTED NET ASSETS AND ARE RESTRICTED FOR THE ACQUISITION OF OTHER ART OBJECTS. PART III, LINE 4: THE PERMANENT COLLECTION IS CENTRAL TO THE MISSION OF THE MUSEUM AND CURRENTLY FOCUSES ON AMERICAN ART FROM THE 20TH TO 21ST CENTURIES IN A BROAD RANGE OF MEDIA. THERE ARE CURRENTLY 922 WORKS OF ART IN THE COLLECTION. THE PRIMARY GOAL OF THE MUSEUM IS TO PROVIDE THE PUBLIC, THROUGH ITS EDUCATION PROGRAMS, A DEEPER LEVEL OF INTELLECTUAL AND PERSONAL UNDERSTANDING OF THE EXHIBITIONS AND COLLECTIONS. PART V, LINE 4: THE GENERAL PURPOSE OF THE ENDOWMENT FUND IS TO CREATE SUFFICIENT INCOME TO PERMIT THE BUILDING, RELATED STRUCTURES AND OPERATION OF THE VERO BEACH MUSEUM OF ART TO CONTINUE TO SERVE THE NEEDS OF THE COMMUNITY IN KEEPING WITH THE PURPOSE FOR THE MUSEUM SET FORTH IN ITS ARTICLES OF INCORPORATION. PART X, LINE 2: THE MUSEUM IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2) OF THE INTERNAL REVENUE CODE. THE MUSEUM'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE MUSEUM'S OPEN AUDIT PERIODS ARE 2014-2017. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE NETTED WITH REVENUE 82,725. MUSEUM STORE EXPENSE NETTED WITH REVENUE 193,240. DONATED ART 47,225. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE NETTED WITH REVENUE 82,725. MUSEUM STORE EXPENSE NETTED WITH REVENUE 193,240. DONATED ART 47,225. GALA 371325 371325 44600 8800 ART IN BLOOM 105905 105905 19819 276 4 64190 64190 7005 2225 541420 541420 71424 11301 82725 458695 X 1 1 X X X 0 0 0 0 0 0 0 0 0 LUCINDA GEDEON EXECUTIVE DIRECTOR 219164 0 0 0 0 0 7237 0 704 0 227105 0 0 0 ROBYN ORZEL DIRECTOR OF DEVELOPMENT 133778 0 0 0 0 0 4073 0 12820 0 150671 0 0 0 X 4 0 MARKET VALUE X 29 697023 MARKET VALUE 0 1 1 PART I, LINE 32B: THE MUSEUM USES TD AMERITRADE TO SELL DONATED SECURITIES. SCHEDULE M, LINE 1: ZERO VALUE WAS REPORTED FOR DONATED ART AS THE MUSEUM DID NOT CAPITALIZE ITS COLLECTIONS, AS ALLOWED UNDER ASC 958-360-25. FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER AND FINANCE COMMITTEE HAVE WHATEVER AUTHORITY AS MAY BE DESIGNATED BY THE BOARD OF TRUSTEES, INCLUDING TO PERFORM REGULAR, IN-DEPTH REVIEWS OF THE MUSEUM'S FINANCIAL ACTIVITY AND TO SECURE AN INDEPENDENT AUDIT ANNUALLY. THE AUDIT FIRM SELECTED ALSO COMPLETES FORM 990. UPON COMPLETION, THE CEO AND FINANCE MANAGER REVIEW FORM 990 TO ENSURE ACCURACY, THEN PRESENT THE TAX RETURN TO THE TREASURER AND FINANCE COMMITTEE FOR REVIEW AND FINAL APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO SUBMIT A DISCLOSURE STATEMENT ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS INCLUDES CONSULTATION WITH EXECUTIVE SEARCH FIRMS AND A REVIEW OF INDUSTRY STANDARDS AND SALARY SURVEYS PROVIDED BY AAMD, ART MUSEUM DIRECTORS ASSOCIATION. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE FOR REVIEW UPON REQUEST. FINANCIAL STATEMENTS ARE PUBLISHED IN THE MUSEUM'S ANNUAL REPORT. TAX RETURNS ARE ALSO AVAILABLE ON GUIDESTAR. FORM 990, PART IX, LINE 11G PROFESSIONAL DEVELOPMENT: PROGRAM SERVICE EXPENSES 5,851. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 100. TOTAL EXPENSES 5,951. CONTRACT PERSONNEL: PROGRAM SERVICE EXPENSES 26,316. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 5,304. TOTAL EXPENSES 31,620. SPECIAL EVENT SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 11,522. FUNDRAISING EXPENSES 40,652. TOTAL EXPENSES 52,174. LEASED EMPLOYEE EXPENSE: PROGRAM SERVICE EXPENSES 1,338,450. MANAGEMENT AND GENERAL EXPENSES 211,561. FUNDRAISING EXPENSES 433,179. TOTAL EXPENSES 1,983,190. 990, PART XI, LINE 2C THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.