VERO BEACH MUSEUM OF ART INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- VERO BEACH MUSEUM OF ART INC (EIN 59-1867408)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-01-28
- IRS object ID
- 201320289349300767
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-01-28T14:37:00-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 650761640 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MORGAN JACOBY THURN BOYLE & ASSOC PA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 20TH ST | AddressLine1 |
| City | VERO BEACH | City |
| State | FL | State |
| ZIP Code | 32960 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 591867408 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VERO BEACH MUSEUM OF ART INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | VERO | NameControl |
| Phone | 7722310707 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3001 RIVERSIDE PARK DRIVE | AddressLine1 |
| City | VERO BEACH | City |
| State | FL | State |
| ZIP Code | 32963 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LUCINDA GEDEON | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 7722310707 | Phone |
| Date Signed | 2013-01-25 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CASPER J JACOBY | Name |
| PTIN | P00243033 | PTIN |
| Phone | 7725624158 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | LUCINDA GEDEON | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3001 RIVERSIDE PARK DRIVE | AddressLine1 |
| City | VERO BEACH | City |
| State | FL | State |
| ZIP Code | 32963 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 5328320 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.VEROBEACHMUSEUM.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1978 | YearFormation |
| State Legal Domicile | FL | StateLegalDomicile |
| Activity Or Mission Description | 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. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 27 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 27 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 245 | TotalNbrVolunteers |
| Total Gross UBI | -9339 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -9339 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3201929 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3781638 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 516425 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 505562 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1958030 | InvestmentIncomePriorYear |
| Investment Income Current Year | 415055 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 581418 | OtherRevenuePriorYear |
| Other Revenue Current Year | 270822 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 6257802 | TotalRevenuePriorYear |
| Total Revenue Current Year | 4973077 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1911071 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2037697 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 601527 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2239753 | OtherExpensePriorYear |
| Other Expenses Current Year | 2467662 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 4150824 | TotalExpensesPriorYear |
| Total Expenses Current Year | 4505359 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2106978 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 467718 | RevenuesLessExpensesCY |
| Total Assets BOY | 28519340 | TotalAssetsBOY |
| Total Assets EOY | 33355141 | TotalAssetsEOY |
| Total Liabilities BOY | 549457 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 4924296 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 27969883 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 28430845 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 1735351 | Expense |
| Revenue | 100859 | Revenue |
| Description | 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 2011-2012 INCLUDED: HOLMES GALLERY - IN THE TRADITION OF WYETH: CONTEMPORARY WATERCOLOR MASTERS (ATTENDANCE 6,795)AND BEYOND REALITY: HYPERREALISM AND AMERICAN CULTURE (ATTENDANCE 9,936); SCHUMANN GALLERY - AGAINST THE GRAIN: WOOD SCULPTURE BY ROBERT F. LYON (ATTENDANCE 4,561) AND CYCLE OF CHANGE: TOM NAKASHIMA'S TREEPILE PAINTING (ATTENDANCE 11,992); STARK GALLERY - INSPIRED BY NATURE: CELEBRATING THE BEAUTY & COMPLEXITY OF TREES (ATTENDANCE 6,872) AND STEPHEN KNAPP: LIGHTPAINTINGS (ATTENDANCE 12,268); BECKWITH SCULPTURE PARK - CELEBRATING 25 YEARS: SCULPTURE FROM THE PERMANENT COLLECTION (ATTENDANCE 1,067) AND MATTHEW GELLAR: WOOZY BLOSSOM (ATTENDANCE 9,292); AND ATRIUM - FORM, COLOR, LIGHT: CAST GLASS BY RICK BECK (ATTENDANCE 321). | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 811384 | Expense |
| Revenue | 412091 | Revenue |
| Description | 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 2,119. IN ADDITION, LECTURES, SEMINARS, OPERA STUDIES, AND FILM SERIES WERE HELD, WITH TOTAL ATTENDANCE OF 4,249. DURING THE YEAR VARIOUS SCHOOL PROGRAMS, ADULT PUBLIC PROGRAMS, AND COMMUNITY PARTNERSHIP OUTREACH PROGRAMS WERE HELD WITH A TOTAL ATTENDANCE OF PARTICIPANTS 10,390. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 2546735 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 26 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 27 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 27 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CARIDAD WEBER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7722310707 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3001 RIVERSIDE PARK DRIVE | AddressLine1 |
| City | VERO BEACH | City |
| State | FL | State |
| ZIP Code | 32963 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (30 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| HENRY G STIFEL | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| SANDRA L ROLF | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CAROL COXHEAD | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| PETER M THOMPSON | |||||||
| CHAIRMAN | 1.00 | X | 0 | 0 | 0 | X | |
| TERYL T VINER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| GEORGIA E WELLES | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| THEODORE BERGHORST | |||||||
| VICE CHAIRMAN | 1.00 | X | 0 | 0 | 0 | X | |
| HANNS A PIELENZ | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JUDITH P SCHNEEBECK | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| KIM C ANDERSON | |||||||
| 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 | ||
| ALICE S BECKWITH | |||||||
| SECRETARY | 1.00 | X | 0 | 0 | 0 | X | |
| BERNARD H KASTORY | |||||||
| TREASURER | 1.00 | X | 0 | 0 | 0 | X | |
| SCOTT E ALEXANDER | |||||||
| 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 | ||
| 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 | ||
| GERALD SEDAM II | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| EMILT REEVES TREMML | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| LUCINDA GEDEON | |||||||
| EXECUTIVE DIRECTOR | 40.00 | 209090 | 0 | 15989 | X | ||
| CARIDAD WEBER | |||||||
| FINANCE MANAGER | 40.00 | 55825 | 0 | 14247 | X | ||
| ROBYN ORZEL | |||||||
| DIRECTOR OF DEVELOPMENT | 40.00 | 117666 | 0 | 16675 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 382581 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 46911 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Government Grants | 17352 | GovernmentGrants |
| All Other Contributions | 3764286 | AllOtherContributions |
| Noncash Contributions | 206902 | NoncashContributions |
| Total Contributions | 3781638 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| ART SCHOOL TUITION | 611600 | 412091 | 412091 |
| ADMISSIONS & FEES | 713990 | 80603 | 80603 |
| OTHER PROGRAM SERVICE | 713990 | 10568 | 10568 |
| EXHIBITION RENTALS | 713990 | 2300 | 2300 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 505562 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 298106 | TotalRevenueColumn |
| Exclusion | $298,106 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 41664 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 41664 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 41664 | TotalRevenueColumn |
| Exclusion | $41,664 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 172496 | Securities |
| Other | 37498 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 87125 | Securities |
| Other | 5920 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 85371 | Securities |
| Other | 31578 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 116949 | TotalRevenueColumn |
| Exclusion | $116,949 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 688221 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 77089 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 611132 | TotalRevenueColumn |
| Exclusion | $611,132 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 175770 | GrossSalesOfInventory |
| Cost Of Goods Sold | 185109 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -9339 | TotalRevenueColumn |
| Unrelated Business Revenue | -9339 | UnrelatedBusinessRevenue |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|---|
| CHANGE IN VALUE CRUT | 900099 | 142771 | $142,771 | |
| OTHER REVENUE | 713990 | 7388 | 7388 | |
| UNREALIZED GAIN ON INV | 900099 | -522794 | -$522,794 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | -372635 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4973077 | TotalRevenueColumn |
| Related Or Exempt Function Income | 512950 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -9339 | UnrelatedBusinessRevenue |
| Exclusion | $687,828 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 298349 | Total |
| Program Services | 58056 | ProgramServices |
| Management And General | 238856 | ManagementAndGeneral |
| Fundraising | 1437 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1724172 | Total |
| Program Services | 1057113 | ProgramServices |
| Management And General | 323135 | ManagementAndGeneral |
| Fundraising | 343924 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15176 | Total |
| Program Services | 6440 | ProgramServices |
| Management And General | 2806 | ManagementAndGeneral |
| Fundraising | 5930 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22750 | Total |
| Management And General | 22750 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 95358 | Total |
| Management And General | 95358 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 65878 | Total |
| Program Services | 6924 | ProgramServices |
| Management And General | 6467 | ManagementAndGeneral |
| Fundraising | 52487 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 47291 | Total |
| Program Services | 25961 | ProgramServices |
| Management And General | 17540 | ManagementAndGeneral |
| Fundraising | 3790 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 378241 | Total |
| Program Services | 165492 | ProgramServices |
| Management And General | 118649 | ManagementAndGeneral |
| Fundraising | 94100 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 374606 | Total |
| Program Services | 284928 | ProgramServices |
| Management And General | 89621 | ManagementAndGeneral |
| Fundraising | 57 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17526 | Total |
| Program Services | 14825 | ProgramServices |
| Management And General | 1239 | ManagementAndGeneral |
| Fundraising | 1462 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 374969 | Total |
| Management And General | 374969 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 43164 | Total |
| Program Services | 4390 | ProgramServices |
| Management And General | 38774 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| ACQUISITION OF ART | 837395 | 837395 | ||
| ENTERTAINMENT | 98213 | 6925 | 1277 | 90011 |
| HONORARIUM | 48854 | 48854 | ||
| OTHER | 35414 | 20647 | 8927 | 5840 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28003 | Total |
| Program Services | 8785 | ProgramServices |
| Management And General | 16729 | ManagementAndGeneral |
| Fundraising | 2489 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4505359 | Total |
| Program Services | 2546735 | ProgramServices |
| Management And General | 1357097 | ManagementAndGeneral |
| Fundraising | 601527 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17761 | BOY |
| EOY | 21538 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1002050 | BOY |
| EOY | 1183306 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27057 | BOY |
| EOY | 17500 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 69711 | BOY |
| EOY | 66842 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 138411 | BOY |
| EOY | 277479 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 18818150 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 3920512 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8737251 | BOY |
| EOY | 14897638 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11080249 | BOY |
| EOY | 10647412 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7446850 | BOY |
| EOY | 6243426 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28519340 | BOY |
| EOY | 33355141 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 387241 | BOY |
| EOY | 1432033 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 162216 | BOY |
| EOY | 294263 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 3198000 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 549457 | BOY |
| EOY | 4924296 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14395422 | BOY |
| EOY | 15982324 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6770196 | BOY |
| EOY | 5741865 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6804265 | BOY |
| EOY | 6706656 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27969883 | BOY |
| EOY | 28430845 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28519340 | BOY |
| EOY | 33355141 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 467718 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -6756 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 7043493 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3048736 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 7343703 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3201929 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3781638 | CurrentTaxYear |
| Total | 24419499 | Total |
Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 141049 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 140641 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 140199 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 139722 | CurrentTaxYearMinus1Year |
| Current Tax Year | 139204 | CurrentTaxYear |
| Total | 700815 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 7184542 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3189377 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 7483902 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3341651 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3920842 | CurrentTaxYear |
| Total | 25120314 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 4714261 | AmountsSubstContributorsTotal |
| Public Support Total170 | 20406053 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 439588 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 311075 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 209043 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 248750 | CurrentTaxYearMinus1Year |
| Current Tax Year | 342070 | CurrentTaxYear |
| Total | 1550526 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | -131 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | -1708 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | -917 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2590 | CurrentTaxYearMinus1Year |
| Current Tax Year | -9339 | CurrentTaxYear |
| Total | -9505 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 895281 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1150367 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 979022 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1544225 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1230449 | CurrentTaxYear |
| Total | 5799344 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 32460679 | TotalSupport |
| Gross Receipts From Admissions Etc | 5100269 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.62860 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.62210 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
| General Explanation | SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: SCHEDULE A, PART II, LINE 10, EXPLANATION FOR OTHER INCOME: PROGRAM SERVICE REVENUE FUNDRAISING INCOME OTHER | GeneralExplanation |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 11184580 | BeginningOfYearBalance |
| Contributions | 116328 | Contributions |
| Investment Earnings Or Losses | -147780 | InvestmentEarningsOrLosses |
| Other Expenditures | 291852 | OtherExpenditures |
| End Of Year Balance | 10861276 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 9450853 | BeginningOfYearBalance |
| Contributions | 60991 | Contributions |
| Investment Earnings Or Losses | 1673631 | InvestmentEarningsOrLosses |
| Other Expenditures | 895 | OtherExpenditures |
| End Of Year Balance | 11184580 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 8536083 | BeginningOfYearBalance |
| Contributions | 228194 | Contributions |
| Investment Earnings Or Losses | 688995 | InvestmentEarningsOrLosses |
| Other Expenditures | 2419 | OtherExpenditures |
| End Of Year Balance | 9450853 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7498421 | BeginningOfYearBalance |
| Contributions | 2180266 | Contributions |
| Investment Earnings Or Losses | -1000820 | InvestmentEarningsOrLosses |
| Other Expenditures | 141784 | OtherExpenditures |
| End Of Year Balance | 8536083 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.41770 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.56540 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.01690 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10377663 | OtherCostOrOtherBasis |
| Depreciation | 3081206 | Depreciation |
| Book Value | 7296457 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 919732 | OtherCostOrOtherBasis |
| Depreciation | 702460 | Depreciation |
| Book Value | 217272 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 7520755 | OtherCostOrOtherBasis |
| Depreciation | 136846 | Depreciation |
| Book Value | 7383909 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 14897638 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (4 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| ASSETS RESTRICTED FOR ART COLLECTIONS | 612605 |
| BENEFICIAL INTEREST IN REMAINDER TRUSTS | 644722 |
| LEASEHOLD INTEREST | 1736343 |
| ASSETS RESTRICTED FOR CAPITAL PROJECTS | 3249756 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 6243426 | TotalBookValueOtherAssets |
| Total Revenue | 4973077 | TotalRevenue |
| Total Expenses | 4505359 | TotalExpenses |
| Excess Or Deficit For Year | 467718 | ExcessOrDeficitForYear |
| Donated Services And Facilities | -6756 | DonatedServicesAndFacilities |
| Total Adjustments | -6756 | TotalAdjustments |
| Excess Or Deficit Per FS | 460962 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 5374479 | TotRevenueEtcAuditedFinclStmt |
| Donated Srvc And Use Of Facilities | 139204 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 262198 | OtherRevenues |
| Revenue Not Rptd F990 | 401402 | RevenueNotRptdF990 |
| Revenue Subtotal | 4973077 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 4973077 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 4913517 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 145960 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 262198 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 408158 | ExpensesNotRptdF990 |
| Expenses Subtotal | 4505359 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 4505359 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| 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. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| PART X: | 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 2009-2012. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| SPECIAL EVENTS EXPENSE NETTED WITH REVENUE 77,089. MUSEUM STORE EXPENSE NETTED WITH REVENUE 185,109. | PART XII, LINE 2D - OTHER ADJUSTMENTS: | |
| SPECIAL EVENTS EXPENSE NETTED WITH REVENUE 77,089. MUSEUM STORE EXPENSE NETTED WITH REVENUE 185,109. | PART XIII, LINE 2D - OTHER ADJUSTMENTS: |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | D'ART FOR ART | NameOfEvent1 |
| Gross Receipts Event1 | 414138 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 414138 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 41643 | FoodAndBeverageEvent1 |
| Name Of Event2 | ANTIQUE SHOW | NameOfEvent2 |
| Gross Receipts Event2 | 113672 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 113672 | GrossRevenueEvent2 |
| Food And Beverage Event2 | 6730 | FoodAndBeverageEvent2 |
| Total Number Of Other Events | 4 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 160411 | GrossReceiptsOtherEvents |
| Gross Revenue Other Events | 160411 | GrossRevenueOtherEvents |
| Food And Beverage Other Events | 23268 | FoodAndBeverageOtherEvents |
| Entertainment Other Events | 5448 | EntertainmentOtherEvents |
| Gross Receipts Total | 688221 | GrossReceiptsTotal |
| Gross Revenue Total Events | 688221 | GrossRevenueTotalEvents |
| Food And Beverage Total Events | 71641 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 5448 | EntertainmentTotalEvents |
| Direct Expense Summary Events | 77089 | DirectExpenseSummaryEvents |
| Net Income Summary | 611132 | NetIncomeSummary |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discretionary Spending Account | X | DiscretionarySpendingAccount |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | LUCINDA GEDEON | NamePerson |
| Base Compensation Filing Org | 209090 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 0 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 15989 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 209090 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 15989 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 13 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 128300 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MARKET VALUE | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 12 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 78602 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MARKET VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 1 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | THIRD PARTY USE: | Identifier |
| Return Reference | PART I, LINE 32B: | ReturnReference |
| Explanation | THE MUSEUM USES MERRILL LYNCH AND PNC WEALTH MANAGEMENT TO SELL DONATED SECURITIES. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE TREASURER AND FINANCE COMMITTEE HAS 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 XI, LINE 5: | DONATED SERVICES AND USE OF FACILITIES: -6,756. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| 990, PART XI, LINE 2C | THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. |
Comments