2015-07-08T16:30:51-05:00 2014-12-31 560747981 DIXON HUGHES GOODMAN LLP 999 S SHADY GROVE RD STE 400 MEMPHIS TN 38120 990 2014-01-01 620943809 DIXON GALLERY AND GARDENS DIXO 9017615250 4339 PARK AVENUE MEMPHIS TN 38117 KEVIN SHARP DIRECTOR 9017615250 2015-07-07 1 JOHN A MAY JR P00210965 9017613000 2015-06-30 2014 2016-04-25 22:37:26Z KEVIN SHARP 4339 PARK AVENUE MEMPHIS TN 38117 4377423 0 X WWW.DIXON.ORG X 1975 TN MAINTAIN & OPERATE ART GALLERY & GARDENS FOR BENEFIT, EDUCATION & ENJOYMENT OF THE PUBLIC 36 36 55 100 0 0 3971416 3943538 104423 95040 0 0 209916 250879 4285755 4289457 0 0 0 0 2029822 2176344 0 0 111147 2627341 1986288 4657163 4162632 -371408 126825 4907898 5178108 903225 1046609 4004673 4131499 OPERATE AND MAINTAIN AN ART GALLERY FOR THE EXIBITION AND DISPLAY OFPAINTINGS, OTHER ART, AND GARDENS FOR THE BENEFIT, EDUCATION ANDENJOYMENT OF THE PUBLIC. 0 0 3444091 211299 OPERATE AND MAINTAIN AN ART GALLERY FOR THE EXHIBITION AND DISPLAY OF PAINTINGS, OTHER ART, AND GARDENS FOR THE BENEFIT, EDUCATION AND ENJOYMENT OF THE PUBLIC. 3444091 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 0 1 43 0 1 55 1 0 0 0 0 0 1 1 0 0 0 0 X 36 36 1 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 0 0 TN X GAIL HOPPER 9017615250 4339 PARK AVENUE MEMPHIS TN 38117 BEN C ADAMS JR SECRETARY/COUNSEL 1.00 X 0 0 0 THOMAS C ADAMS JR TRUSTEE 1.00 X 0 0 0 JACK R BLAIR TRUSTEE 1.00 X 0 0 0 RUSSELL E BLOODWORTH TRUSTEE 1.00 X 0 0 0 SUKI STONE CARSON TRUSTEE 1.00 X 0 0 0 KENNETH F CLARK JR TRUSTEE 1.00 X 0 0 0 WILLIAM A COOLIDGE JR TRUSTEE 1.00 X 0 0 0 DR REGINALD W COOPWOOD TRUSTEE 1.00 X 0 0 0 NANCY COPP TRUSTEE 1.00 X 0 0 0 KAREN C DORSETT TRUSTEE 1.00 X 0 0 0 ELIZABETH FARNSWORTH TRUSTEE 1.00 X 0 0 0 R MOLITOR FORD JR TRUSTEE 1.00 X 0 0 0 JOHN M HORSEMAN TRUSTEE 1.00 X 0 0 0 BUZZY HUSSEY TRUSTEE 1.00 X 0 0 0 THOMAS H HUSSEY TRUSTEE 1.00 X 0 0 0 THOMAS G KADIEN TRUSTEE 1.00 X 0 0 0 ANNE O KEENEY TRUSTEE 1.00 X 0 0 0 KAY TAYLOR LILES TRUSTEE 1.00 X 0 0 0 WILLIAM C LOSCH III TREASURER 1.00 X 0 0 0 W NEELY MALLORY JR TRUSTEE 1.00 X 0 0 0 W NEELY MALLORY III TRUSTEE 1.00 X 0 0 0 SUZANNE MALLORY TRUSTEE 1.00 X 0 0 0 J KENNETH CHIP MARSTON JR TRUSTEE 1.00 X 0 0 0 MCNEAL MCDONNELL TRUSTEE 1.00 X 0 0 0 HARRIET MCFADDEN TRUSTEE 1.00 X 0 0 0 ALLEN B MORGAN JR TRUSTEE 1.00 X 0 0 0 BRANDON G MORRISON TRUSTEE 1.00 X 0 0 0 D STEPHEN MORROW CHAIRMAN 1.00 X 0 0 0 JOSEPH ORGILL III TRUSTEE 1.00 X 0 0 0 C PENN OWEN III TRUSTEE 1.00 X 0 0 0 STEPHEN C REYNOLDS TRUSTEE 1.00 X 0 0 0 CHRISTINE P RICHARDS PRESIDENT 1.00 X 0 0 0 ALBERT SALTIEL TRUSTEE 1.00 X 0 0 0 W REID SANDERS TRUSTEE 1.00 X 0 0 0 WILLIS H WILLEY III TRUSTEE 1.00 X 0 0 0 BARBARA WILLIAMSON TRUSTEE 1.00 X 0 0 0 KEVIN SHARP EXECUTIVE DIRECTOR 40.00 X 218990 0 7358 GAIL HOPPER CONTROLLER 40.00 X 77004 0 7358 295994 0 14716 1 0 1 0 0 514272 325000 3104266 3943538 VARIOUS 900099 56297 56297 ADMISSIONS 900099 38743 38743 95040 134620 0 134620 134620 134620 204225 87966 116259 116259 4289457 211299 0 134620 310709 105641 102534 102534 1516723 1323822 192901 212648 181837 30811 136264 114421 21843 40514 40514 134162 133838 324 222768 182589 31971 8208 365855 252723 113132 24986 19976 5010 10187 10187 23683 23683 303818 303818 78975 51130 27845 GALLERY & GARDEN EXPENS 644757 644757 EDUCATION 131580 129539 2041 5003 4922 81 4162632 3444091 607394 111147 66260 65401 4138 42384 105375 274323 28441 25302 57373 29147 173556 279758 10028581 5566788 4472755 4461793 4907898 5178108 128638 316265 40845 115194 12395 9084 721347 606066 903225 1046609 X 3891390 3874366 113283 257133 4004673 4131499 4907898 5178108 X 126825 1 X 0 1 X 0 0 X 3116925 3421984 3438013 3971416 3943538 17891876 3116925 3421984 3438013 3971416 3943538 17891876 5981615 11910261 80457 88336 100150 123800 134620 527363 18419239 1059197 0.64660 0.62760 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 3260272 2066550 160623 13460 5473985 1106626 1820874 336300 3528 3260272 602365 411100 98316 5155 1106626 245252 343502 17367 3756 602365 100000 136000 9252 245252 0.96500 0.03500 0 1 1 240000 240000 7629893 4060422 3569471 695985 384253 311732 1462703 1122113 340590 4461793 DUE TO ENDOWMENT 606066 606066 4377424 87967 87967 4289457 0 4289457 4250598 87966 87966 4162632 0 4162632 PART III, LINE 1A: THE COLLECTIONS OF THE GALLERY ARE COMPRISED OF MORE THAN 2000 WORKS OF ART, INCLUDING NINETEENTH AND EARLY TWENTIETH-CENTURY EUROPEAN AND AMERICAN PAINTINGS, SCULPTURE, AND WORKS ON PAPER, EIGHTEENTH AND NINETEENTH-CENTURY GERMAN AND ENGLISH PORCELAIN, AND EIGHTEENTH, NINETEENTH AND TWENTIETH-CENTURY EUROPEAN AND AMERICAN PEWTER. THE COLLECTIONS WERE ACQUIRED THROUGH BEQUESTS, GIFTS, AND PURCHASES SINCE THE MUSEUM'S FOUNDING IN 1976. EACH OBJECT IS CATALOGUED AND CARED FOR, ITS EXISTENCE IS VERIFIED, AND ITS CONDITION IS ASSESSED ON A REGULAR BASIS. THE COLLECTIONS ARE MAINTAINED FOR PUBLIC EXHIBITION, EDUCATION, AND RESEARCH IN FURTHERANCE OF PUBLIC SERVICE, RATHER THAN FOR FINANCIAL GAIN. IN CONFORMITY WITH ACCOUNTING PRACTICES GENERALLY FOLLOWED BY ART MUSEUMS, THE VALUE OF THE GALLERY'S COLLECTIONS ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION, AND GIFTS OF WORKS OF ART ARE EXCLUDED FROM REVENUE IN THE STATEMENT OF ACTIVITIES. PURCHASES OF WORKS OF ART BY THE GALLERY ARE RECORDED AS DECREASES IN NET ASSETS IN THE STATEMENT OF ACTIVITIES. PURSUANT TO GALLERY POLICY, PROCEEDS FROM THE SALE OF WORKS OF ART AND RELATED INSURANCE SETTLEMENTS ARE RECORDED AS TEMPORARILY RESTRICTED NET ASSETS FOR THE ACQUISITION OF ART. PART V, LINE 4: THE DIXON GALLERY AND GARDENS ENDOWMENT FUND (THE "ENDOWMENT FUND") WAS INCORPORATED FOR THE PURPOSE OF ACCEPTING CONTRIBUTIONS, HONORARIUMS, MEMORIALS AND BEQUESTS, WHETHER IN CASH OR IN KIND, WHICH ARE RECEIVED OR ALLOCATED WITH SPECIFIC REFERENCE THERETO, FOR THE BENEFIT OF THE DIXON GALLERY AND GARDENS (THE "GALLERY"). ALTHOUGH THE ENDOWMENT FUND'S BOARD HAS NOT EXPRESSED THE INTENTION TO DO SO, IT MAY, AT ITS DISCRETION, DISTRIBUTE FUNDS TO OTHER NOT-FOR-PROFIT ORGANIZATIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 87,966. ROUNDING 1. PART XI, LINE 4B - OTHER ADJUSTMENTS: ROUNDING PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 87,966. X X 0 0 0 0 0 0 0 0 0 KEVIN SHARP EXECUTIVE DIRECTOR 194480 0 0 0 24510 0 0 0 7358 0 226348 0 0 0 MALLORY ALEXANDER INTERNATIONAL LOGISTICS 3 BOARD TRUSTEES ARE OWNERS IN MALLORY ALEXANDER INTERNATIONAL LOGISTICS. 3375 FREIGHT SERVICES 0 CHRISTINE RICHARDS A BOARD MEMBER IS EXECUTIVE VICE PRESIDENT OF FEDEX CORPORATION 19120 FREIGHT SERVICES 0 X 4 0 0 0 0 PART I, LINE 33: IN CONFORMITY WITH ACCOUNTING PRACTICES GENERALLY FOLLOWED BY ART MUSEUMS, THE VALUE OF THE GALLERY'S COLLECTIONS ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION, AND GIFTS OF WORKS OF ART ARE EXCLUDED FROM REVENUE IN THE STATEMENT OF ACTIVIITES AS ALLOWED UNDER SFAS 116. FORM 990, PART VI, SECTION A, LINE 2 PERSONAL/FAMILY RELATIONSHIPS: WILLIAM N. MALLORY, III (BOARD TRUSTEE), W. NEELY MALLORY, JR. (BOARD TRUSTEE) AND SUZANNE MALLORY (BOARD TRUSTEE) BERNICE HUSSEY (BOARD TRUSTEE) AND THOMAS H. HUSSEY (BOARD TRUSTEE) NANCY COPP (BOARD TRUSTEE) AND HARRIET MCFADDEN (BOARD TRUSTEE) JOSEPH ORGILL, III (BOARD TRUSTEE) AND ANNE KEENEY (BOARD TRUSTEE) FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION SHALL HAVE ONE CLASS OF MEMBERS CONSISTING OF NOT LESS THAN THREE NOR MORE THAN NINE MEMBERS. UNLESS OTHERWISE DETERMINED BY THE MEMBERS, THE MEMBERS OF THE CORPORATION SHALL CONSIST OF THOSE INDIVIDUALS WHO, FROM TIME TO TIME, SERVE ON THE OPERATING COMMITTEE OF THE HUGO DIXON FOUNDATION ESTABLISHED PURSUANT TO THAT CERTAIN TRUST AGREEMENT BETWEEN HUGO N. DIXON AND THE MORGAN GUARANTY TRUST COMPANY OF NY DATED JULY 21, 1958, AS IT MAY BE AMENDED AND/OR RESTATED FROM TIME TO TIME. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER OF THE CORPORATION WHO IS ELECTED AND QUALIFIED SHALL BE A STANDING MEMBER OF THE BOARD OF TRUSTEES OF THE CORPORATION, AND EACH SHALL HAVE THE RIGHT TO VOTE UPON ALL MATTERS UPON WHICH THE BOARD OF TRUSTEES IS ENTITLED TO VOTE. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE, CHAIRMAN AND PRESIDENT OF THE BOARD OF DIRECTORS REVIEW THE FORM 990 DRAFT BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C DIXON TRUSTEES FILE WITH THE BOARD A STATEMENT DISCLOSING THEIR PERSONAL, BUSINESS OR ORGANIZATION INTERESTS AND AFFILIATIONS AND THOSE OF PERSONS CLOSE TO THEM THAT COULD BE CONSTRUED AS BEING DIXON-RELATED. DISCLOSURE STATEMENTS ARE UPDATED WHENEVER SIGNIFICANT CHANGES OCCUR. FORM 990, PART VI, SECTION B, LINE 15A THE EMPLOYMENT OF THE DIRECTOR AS WELL AS SALARY WAS APPROVED BY THE EXECUTIVE COMMITTEE. AN EMPLOYMENT CONTRACT EXISTS FOR THE CURRENT DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC IN ITS OFFICE AND UPON REQUEST. FORM 990, PART XI, LINE 9: ROUNDING 1. THE DIXON GALLERY AND GARDENS ENDOWMENT FUND 4339 PARK AVENUE MEMPHIS TN 38117 581973160 TO ACCEPT FUNDS FOR THE SOLE BENEFIT OF DIXON GALLERY AND GARDENS TN 501 (C)(3) LINE 11 TYPE II N/A 0 0 0 1 0 1 0 0 0 0 0 0 1 0 1 1 0 1 1 0 DIXON GALLERY AND GARDENS ENDOWMENT FUND C 325000 DIXON GALLERY AND GARDENS ENDOWMENT FUND E 606066 DIXON GALLERY AND GARDENS ENDOWMENT FUND Q 55000