2014-11-13T13:15:35-06:00 2014-06-30 650761640 MORGAN JACOBY THURN BOYLE & ASSOC PA 700 20TH ST VERO BEACH FL 32960 990 2013-07-01 591867408 VERO BEACH MUSEUM OF ART INC VERO 7722310707 3001 RIVERSIDE PARK DRIVE VERO BEACH FL 32963 LUCINDA GEDEON EXECUTIVE DIRECTOR 7722310707 2014-11-07 1 CASPER J JACOBY P00243033 7725624158 2013 2015-11-30 17:44:51Z LUCINDA GEDEON 3001 RIVERSIDE PARK DRIVE VERO BEACH FL 32963 9521838 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. 28 28 0 300 -2226 -2226 3852420 4056266 656477 640193 379882 1047142 580701 798694 5469480 6542295 0 0 0 0 300870 307871 0 0 768112 4587035 4810611 4887905 5118482 581575 1423813 34576721 36213916 4466686 3316984 30110035 32896932 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 1542774 177744 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 2013-2014 INCLUDED: HOLMES GALLERY - PAINTINGS OF THE HIGHWAYMEN: ALONG THE ROAD (ATTENDANCE 6,269), CUBAN EXHIBITION: CUBAN ART & IDENTITY (ATTENDANCE 9,694), AND WORKS FROM THE WESTMORELAND MUSEUM: PICTURING AMERICA (ATTENDANCE 9,241); SCHUMANN GALLERY - VISUAL SYSTEMS: THE QUILTER'S EYE (ATTENDANCE 4,060), PHOTOGRAPHS FROM NAT'L GEOGRAPHIC: SIMPLY BEAUTIFUL (ATTENDANCE 7,341), AND STEPHEN LAWSON: IMAGES OF TIME (ATTENDANCE 9,396); TITELMAN GALLERY - DALE KENNINGTON: MYTHOLOGIES (ATTENDANCE 9,111); STARK GALLERY - SELECTIONS FROM THE PERMANENT COLLECTION (ATTENDANCE 19,796); BECKWITH SCULPTURE PARK - SCULPTURES FROM THE PERMANENT COLLECTION (ATTENDANCE 8,118). 960112 466210 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 2,398. IN ADDITION, LECTURES, SEMINARS, OPERA STUDIES, AND FILM SERIES WERE HELD, WITH TOTAL ATTENDANCE OF 5,158. DURING THE YEAR VARIOUS SCHOOL PROGRAMS, ADULT PUBLIC PROGRAMS, AND COMMUNITY PARTNERSHIP OUTREACH PROGRAMS WERE HELD WITH A TOTAL ATTENDANCE OF PARTICIPANTS 7,300. 2502886 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 30 0 0 1 1 0 0 0 0 1 1 0 0 0 0 X 28 28 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 PETER M THOMPSON CHAIRMAN 1.00 X X 0 0 0 SCOTT E ALEXANDER VICE CHAIRMAN 1.00 X X 0 0 0 BERNARD H KASTORY TREASURER 1.00 X X 0 0 0 DOROTHY CURRIE SECRETARY 1.00 X X 0 0 0 CHARLOTTE STIFEL TRUSTEE 1.00 X 0 0 0 PETER C COXHEAD TRUSTEE 1.00 X 0 0 0 JUDITH P SCHNEEBECK TRUSTEE 1.00 X 0 0 0 GEORGE D HIGGS TRUSTEE 1.00 X 0 0 0 JOAN M LAHEY TRUSTEE 1.00 X 0 0 0 D THEODORE BERGHORST TRUSTEE 1.00 X 0 0 0 JANET A HOFFMAN TRUSTEE 1.00 X 0 0 0 JOHN C MCCORD TRUSTEE 1.00 X 0 0 0 DOUGLAS T TANSILL TRUSTEE 1.00 X 0 0 0 FREDERICK B TAYLOR TRUSTEE 1.00 X 0 0 0 ALICE S BECKWITH TRUSTEE 1.00 X 0 0 0 HERBERT F ASPBURY TRUSTEE 1.00 X 0 0 0 JAMES H CARNEY II TRUSTEE 1.00 X 0 0 0 STEPHEN C COLEY TRUSTEE 1.00 X 0 0 0 SUSAN DOBBS TRUSTEE 1.00 X 0 0 0 LAURA A FRICK 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 RONALD H MCGLYNN TRUSTEE 1.00 X 0 0 0 KJESTINE BIJUR TRUSTEE 1.00 X 0 0 0 SUSAN L BOUMA TRUSTEE 1.00 X 0 0 0 JOHN J CONEFRY JR TRUSTEE 1.00 X 0 0 0 ELLEN M FERRO TRUSTEE 1.00 X 0 0 0 JOHN KEAN TRUSTEE 1.00 X 0 0 0 LUCINDA GEDEON EXECUTIVE DIRECTOR 40.00 X 220203 0 7394 CARIDAD WEBER FINANCE MANAGER 40.00 X 62421 0 13334 ROBYN ORZEL DIRECTOR OF DEVELOPMENT 40.00 X 123920 0 15212 406544 0 35940 2 0 1 0 0 4090 33752 4018424 163353 4056266 ART SCHOOL TUITION 611600 466210 466210 ADMISSIONS & FEES 713990 164181 164181 OTHER PROGRAM SERVICE 713990 8352 8352 EXHIBITION RENTALS 713990 1450 1450 640193 270280 270280 19844 0 19844 19844 19844 3461622 2679978 4782 781644 -4782 776862 -4782 781644 813538 111376 702162 702162 181181 183407 -2226 -2226 CHANGE IN VALUE CRUT 900099 70371 70371 OTHER REVENUE 713990 8543 8543 78914 6542295 643954 -2226 1844301 X 307871 59869 246451 1551 25250 25250 113328 113328 1886059 1107731 247100 531228 54165 500 53665 463759 213228 136122 114409 608680 519197 86612 2871 21310 13172 2397 5741 80217 80217 684185 684185 166852 66246 100606 ACQUISITION OF ART 397500 397500 OTHER 113192 51895 44939 16358 ENTERTAINMENT 104789 11887 3988 88914 HONORARIUM 59438 51938 3500 4000 31887 9723 19124 3040 5118482 2502886 1847484 768112 7194 253125 1471825 1492100 60000 97214 62721 62385 257525 281430 19278582 4837551 15038425 14441031 11618267 13798820 6060764 5787811 34576721 36213916 207158 204175 209321 333894 4050207 2778915 4466686 3316984 X 17224716 18793851 6809957 7531686 6075362 6571395 30110035 32896932 34576721 36213916 1423813 1371008 -7924 0 X X 0 1 X 1 0 X 7343703 3201929 3781638 3929420 4120946 22377636 140199 139722 139204 138643 138036 695804 7483902 3341651 3920842 4068063 4258982 23073440 2348892 20724548 209043 248750 342070 267268 291574 1358705 -917 2590 -9339 1540 -2226 -8352 979022 1544225 1230449 1257587 1456042 6467325 30891118 6592505 0.67090 0.67380 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 12003821 460278 2418810 -468696 -57506 14356707 10861276 1531735 -389190 12003821 11184580 116328 -147780 291852 10861276 9450853 60991 1673631 895 11184580 8536083 228194 688995 2419 9450853 0.40820 0.39200 0.19980 0 0 17545171 3905995 13639176 981517 752181 229336 751894 179375 572519 14441031 ASSETS RESTRICTED FOR ART COLLECTIONS 708738 BENEFICIAL INTEREST IN REMAINDER TRUSTS 637120 LEASEHOLD INTEREST 1721102 ASSETS RESTRICTED FOR CAPITAL PROJECTS 2332044 ASSETS RESTRICTED FOR PERMANENT ENDOWMENT 388807 5787811 X 8392522 1371008 138036 341183 1850227 6542295 0 6542295 5605625 145960 341183 487143 5118482 0 5118482 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 956 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 2011-2014. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE NETTED WITH REVENUE 111,376. MUSEUM STORE EXPENSE NETTED WITH REVENUE 183,407. DONATED ART 46,400. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE NETTED WITH REVENUE 111,376. MUSEUM STORE EXPENSE NETTED WITH REVENUE 183,407. DONATED ART 46,400. GALA 506500 506500 63922 11407 ANTIQUE SHOW 111723 111723 7806 4 195315 195315 25741 2500 813538 813538 97469 13907 111376 702162 X 1 1 X X X 0 0 0 0 0 0 0 0 0 LUCINDA GEDEON EXECUTIVE DIRECTOR 220203 0 0 0 0 0 0 6688 0 706 220203 7394 0 0 X 11 0 MARKET VALUE X 25 163353 MARKET VALUE 0 1 1 PART I, LINE 32B: THE MUSEUM USES PNC WEALTH MANAGEMENT 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 11 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 1,257. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 750. TOTAL EXPENSES 2,007. CONTRACT PERSONNEL: PROGRAM SERVICE EXPENSES 13,276. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 2,322. TOTAL EXPENSES 15,598. SPECIAL EVENT SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 9,333. FUNDRAISING EXPENSES 107,601. TOTAL EXPENSES 116,934. LEASED EMPLOYEE EXPENSE: PROGRAM SERVICE EXPENSES 1,093,198. MANAGEMENT AND GENERAL EXPENSES 237,767. FUNDRAISING EXPENSES 420,555. TOTAL EXPENSES 1,751,520. 990, PART XI, LINE 2C THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.