2014-07-30T09:58:59-05:00 2013-12-31 580662558 HANCOCK ASKEW & CO LLP PO BOX 2486 SAVANNAH GA 31402 990 2013-01-01 580610074 TELFAIR MUSEUM OF ART INC TELF 9127908874 PO BOX 10081 SAVANNAH GA 31412 KEN SIRLIN TREASURER 9127908874 2014-07-17 1 MICHAEL T MCCARTHY P00863049 9122348243 2013 2015-11-30 17:44:51Z TELFAIR MUSEUMS KEN SIRLIN PO BOX 10081 SAVANNAH GA 31412 11114514 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. 36 36 114 500 0 0 1908253 4022394 997635 1192078 1364766 1482713 181833 134424 4452487 6831609 0 0 0 0 2035189 1899462 0 0 498323 2822608 3482485 4857797 5381947 -405310 1449662 50903879 56055753 6431440 6548926 44472439 49506827 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 1791971 605832 EXHIBITIONS - IN 2013, THE MUSEUM PRESENTED FOURTEEN EXHIBITIONS, ELEVEN OF WHICH WERE ORGANIZED BY THE MUSEUM. A HIGHLIGHT OF THE YEAR WAS THE NATIONALLY-TRAVELING EXHIBITION, SPANISH SOJOURNS: ROBERT HENRI AND THE SPIRIT OF SPAIN, ORGANIZED BY TELFAIR MUSEUMS. CENTERED AROUND ONE OF THE MOST BELOVED WORKS FROM THE MUSEUM'S COLLECTION, THIS EXHIBITION INTRODUCED NEW SCHOLARSHIP ON THIS IMPORTANT AMERICAN ARTIST. THE EXHIBITION AND RELATED PUBLICATION RECEIVED GENEROUS SUPPORT FROM THE NATIONAL ENDOWMENT FOR THE ARTS, TERRA FOUNDATION FOR AMERICAN ART, AND THE HOROWITZ FOUNDATION, AND WAS RECOGNIZED WITH AN AWARD OF EXCELLENCE FROM THE COASTAL MUSEUMS ASSOCIATION. ANOTHER NATIONALLY-RECOGNIZED TELFAIR MUSEUMS PROJECT WAS THE PUBLICATION OF THE SCHOLARLY BOOK, SLAVERY AND FREEDOM IN SAVANNAH, WHICH REPRESENTED THE CULMINATION OF SEVERAL YEARS OF GROUND-BREAKING RESEARCH ON THIS IMPORTANT HISTORICAL TOPIC. THIS PROJECT, WHICH INCLUDED A SYMPOSIUM, BOOK, EXHIBITION AND IMPORANT COMMUNITY PARTNERSHIPS, RECEIVED AN AWARD OF MERIT FOR LEADERSHIP IN HISTORY FROM THE AMERICAN ASSOCIATION OF STATE AND LOCAL HISTORY. THIS WORK ALSO INFLUENCED THE MUSEUM'S PARTICIPATION IN THE 2013 YALE PUBLIC HISTORY INSTITUTE COSPONSORED BY THE GILDER LEHRMAN CENTER FOR THE STUDY OF SLAVERY, RESISTANCE AND ABOLITION AT YALE UNIVERSITY AND THE SMITHSONIAN NATIONAL MUSEUM OF AFRICAN AMERICAN HISTORY AND CULTURE (NMAAHC). 792510 66480 EDUCATION PROGRAMS - 10,700 PRE-K THROUGH COLLEGE STUDENTS VISITED THE MUSEUMS FOR EDUCATIONAL TOURS IN 2013. OF THESE, MORE THAN 2,500 ELEMENTARY STUDENTS PARTICIPATED IN VISUAL THINKING STRATEGIES TOURS OF THE SPANISH SOJOURN EXHIBITION. 1,200 INDIVIDUALS, INCLUDING NEARLY 800 CHILDREN, WERE SERVED IN OUTREACH PROGRAMS TO PARKS AND NEIGHBORHOOD CENTERS AND VISITS TO OUTREACH SITES FROM GOLDEN AGE CENTERS TO HOSPITALS AND ORGANIZATIONS SERVICING PEOPLE WITH DISABILITIES. MORE THAN TWENTY EVENING LECTURES WERE ATTENDED BY NEARLY 3,100 PARTICIPANTS. 4,500 PEOPLE TOOK PART IN A FREE EDUCATIONAL RESIDENCY BY TIBETAN MONKS. OVER 3,000 ATTENDED NEW MONTHLY FREE FAMILY DAYS INITIATED IN 2013. MORE THAN 500 CHILDREN ATTENDED PRE_K, TODDLER AND HEAD START MUSEUM PROGRAMS. THE MUSEUM'S TEEN COUNCIL UNDERTOOK A COURSE OF STUDY AND DEVELOPED A NEW MOBILE TOUR OF THE MUSEUM'S COLLECTION. 1325617 620245 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 PRIMARLY FROM EUROPE AND AMERICA, RANGING IN DATE FROM THE EIGHTEENTH CENTURY THROUGH THE PRESENT. IN 2013, THE TELFAIR ACQUIRED 33 WORKS FOR THE COLLECTION, LARGELY THROUGH GIFTS. THESE ACQUISITIONS INCLUDE PAINTINGS, WORKS ON PAPER, PHOTOGRAPHS, SILVER, MIXED MEDIA, AND DECORATIVE ARTS OBJECTS. THESE WORKS HAVE HELPED TO AUGMENT AND DIVERSIFY THE TELFAIR'S PERMANENT COLLECTION. 3910098 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 87 0 1 114 1 0 0 0 0 0 1 1 0 0 0 0 X 36 36 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 0 0 GA X X CAROLE A MALAN 9127908874 TELFAIR MUSEUM OF ART INCPO BOX SAVANNAH GA 31412 ALICE JEPSON BOARD CHAIR 10.00 X X 0 0 0 CHERI ROACH CHAIR ELECT 10.00 X X 0 0 0 REED DULANY VICE CHAIR 10.00 X X 0 0 0 TAMMIE MOSLEY VICE CHAIR 10.00 X X 0 0 0 ROBERT FAIRCLOTH SECRETARY 10.00 X X 0 0 0 KEN SIRLIN TREASURER 10.00 X X 0 0 0 FRANK MCGILL TRUSTEE/LEGAL COUNSEL 10.00 X X 0 0 0 CLARA STEVENS COLLECTIONS CHAIR 10.00 X X 0 0 0 MILLS FLEMING PAST CHAIR 10.00 X X 0 0 0 EMILY CAY TRUSTEE 3.00 X 0 0 0 CHIP COMPTON TRUSTEE 3.00 X 0 0 0 TIFFANY CONSIDINE TRUSTEE 3.00 X 0 0 0 WILLIAM CROSSMAN TRUSTEE 3.00 X 0 0 0 GLEN DARBYSHIRE TRUSTEE 3.00 X 0 0 0 CELESTE DEMERE TRUSTEE 3.00 X 0 0 0 DR CHERYL DOZIER TRUSTEE 3.00 X 0 0 0 CINDY EDWARDS TRUSTEE 3.00 X 0 0 0 LINDA FISK MORRIS TRUSTEE 3.00 X 0 0 0 OLETA HARDEN TRUSTEE 3.00 X 0 0 0 JOSH KELLER TRUSTEE 3.00 X 0 0 0 DR WILLIAM T MOORE TRUSTEE 3.00 X 0 0 0 DAVID PADDISON TRUSTEE 3.00 X 0 0 0 LISA PINYAN TRUSTEE 3.00 X 0 0 0 TOM REILLY TRUSTEE 3.00 X 0 0 0 ROSALEEN ROXBURG TRUSTEE 3.00 X 0 0 0 BILL SKINNER TRUSTEE 3.00 X 0 0 0 RICHARD ECKBURG HONORARY TRUSTEE 3.00 X 0 0 0 ROBERT JEPSON HONORARY TRUSTEE 3.00 X 0 0 0 CAROLYN LUCK HONORARY TRUSTEE 3.00 X 0 0 0 BETTY MELAVER HONORARY TRUSTEE 3.00 X 0 0 0 ANN MILLER HONORARY TRUSTEE 3.00 X 0 0 0 JACK NIESES HONORARY TRUSTEE 3.00 X 0 0 0 FRIDA SINKLER HONORARY TRUSTEE 3.00 X 0 0 0 DONNA NICHOLAS HONORARY TRUSTEE 3.00 X 0 0 0 HELEN STEWARD HONORARY TRUSTEE 3.00 X 0 0 0 CATHY SOLOMONS HONORARY TRUSTEE 3.00 X 0 0 0 SUSANNE HEUSNER EX-OFFICIO TRUSTEE 3.00 X 0 0 0 KACEY KENNICKELL EX-OFFICIO TRUSTEE 3.00 X 0 0 0 KENDALL MCCURRY EX-OFFICIO TRUSTEE 3.00 X 0 0 0 LINDA MCWHORTER EX-OFFICIO TRUSTEE 3.00 X 0 0 0 REBECCA MOORE EX-OFFICIO TRUSTEE 3.00 X 0 0 0 FRAN WILSON EX-OFFICIO TRUSTEE 3.00 X 0 0 0 LISA GROVE DIRECTOR AND CEO 60.00 X 179032 0 16761 CAROLE MALAN CHIEF FINANCIAL OFFICER 60.00 X 74077 0 0 253109 0 16761 1 0 1 0 SUNSTATES SECURITY LLC 802 CORPORATE CENTER DRIVE RALEIGH NC 27607 SECURITY SERVICES 340397 SIEMENS INDUSTRY INC PO BOX 2134 CAROL STREAM IL 60132 HVAC MAINTENANCE & REPAIR 112376 ARTEX INC 8712 JERICO CITY DRIVE LANDOVER MD 20785 TRANSPORTATION OF ART 102298 3 170258 416113 105299 3330724 50755 4022394 MUSEUM ADMISSIONS 713990 1154287 1154287 EDUCATION PROGRAM REVENUE 611710 37791 37791 1192078 572235 572235 134892 8686 126206 126206 126206 4350424 3439946 910478 910478 910478 416904 416113 509165 -92261 -92261 411174 325108 86066 86066 MISCELLANEOUS 900099 14413 14413 14413 6831609 1292557 0 1516658 269870 142343 61382 66145 1410691 1009125 213593 187973 91157 66745 12959 11453 127744 89956 20041 17747 1266 633 633 24750 24750 153409 153409 417558 288114 74015 55429 324464 220403 57458 46603 166242 114909 27325 24008 15649 6259 4695 4695 834826 621765 171686 41375 12258 2250 7083 2925 106180 82820 16989 6371 617411 524799 61741 30871 65509 50841 12573 2095 CURATORIAL EXPENSES 556566 556566 EDUCATION 133203 133203 CREDIT CARD PROCESSING 53194 53194 5381947 3910098 973526 498323 717899 902679 387207 1346533 40558 19918 138852 125438 229714 178283 31457036 7167291 24888743 24289745 21044532 24434325 2296876 3280085 1159498 1478747 50903879 56055753 365660 292541 65780 256385 6000000 6000000 6431440 6548926 X 27301499 29224927 11850169 14928629 5320771 5353271 44472439 49506827 50903879 56055753 X 1449662 3616176 -31450 X 0 1 X 1 0 X 2899045 1521554 2089891 1908253 4022394 12441137 2899045 1521554 2089891 1908253 4022394 12441137 2858724 9582413 566255 631496 533414 594427 572235 2897827 15338964 7008118 0.62470 0.65780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 10883492 3004439 3115653 634361 16369223 10458275 950 1711409 1287142 10883492 12530689 205254 2277668 10458275 11906132 6799 1924977 1307219 12530689 10451294 53 2749028 1294243 11906132 0.67000 0.33000 1 0 1254866 1254866 27368722 4553222 22815500 2833448 2614069 219379 24289745 CHATHAM SMALL CAP PARTNERSHIP I, L.P. 3280085 F 3280085 X 10553265 3616176 3616176 6937089 -105480 -105480 6831609 5518877 136930 136930 5381947 0 5381947 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, 2013, 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 2010. 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 = $31,450 TELFAIR BALL 388662 286712 101950 42856 73084 6984 15757 ART FAIR 74496 21500 52996 12000 29563 2033 7184 6 369859 107901 261958 12316 20184 58582 3225 225397 833017 416113 416904 12000 12316 92603 133699 10209 248338 509165 -92261 X 0 1 X X X 0 0 0 0 0 0 0 0 0 LISA GROVE DIRECTOR AND CEO 179032 0 0 0 0 0 0 0 16761 0 195793 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 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 CHIP COMPTON - WELLS FARGO INSURANC TRUSTEE 67073 PROPERTY AND LIABILITY INSURANCE SERVICES THROUGH CHUBB INSURANCE. 0 KACEY KENNICKELL - KENNICKELL PRINT EX-OFFICIO TRUSTEE 91987 PRINTING SERVICES 0 EMILY CAY - SPOUSE RELATED TO CAY I TRUSTEE 66324 PROPERTY AND LIABILITY INSURANCE SERVICES THROUGH CAY INSURANCE SERVICES 0 X 33 X 12 47405 FAIR MARKET VALUE X 3350 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; MS. EMILY CAY AND MS. REBECCA MOORE - FAMILY RELATIONSHIP; AND MR. MILLS FLEMING AND MR. FRANK MCGILL - BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS FIRST REVIEWED BY THE DIRECTOR OF THE MUSEUM. IT IS THEN REVIEWED AND SIGNED BY THE TREASURER OF THE BOARD OF TRUSTEES. 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 12 IN ACCORDANCE WITH THE RESOLUTION AND CONFLICT OF INTEREST POLICY ADOPTED BY THE BOARD OF TRUSTEES OF TELFAIR MUSEUM OF ART, INC., ON MARCH 22, 2004 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 -31,450.