2011-05-16T08:38:09-05:00 2010-12-31 HANCOCK ASKEW & CO LLP PO BOX 2486 SAVANNAH GA 31402 990 2010-01-01 580610074 TELFAIR MUSEUM OF ART INC TELF 9122321177 PO BOX 10081 SAVANNAH GA 31412 CHERI ROACH 9127908806 2011-05-12 1 JOSEPH V USHER 9122348243 2010 2016-02-24 21:20:13Z CHERI ROACH PO BOX 10081 SAVANNAH GA 31412 15267195 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 74 0 0 2899045 1521554 821975 907292 6165 1002772 783855 877856 4511040 4309474 0 0 0 0 2088906 2160461 3513637 0 348443 0 4240484 5602543 6400945 -1091503 -2091471 52483410 52509080 7055864 7640338 45427546 44868742 X TO ACHIEVE OUR MISSION OF OFFERING COMPELLING EXPRESSIONS OF VISUAL CULTURE, WE CONCENTRATE ON FOUR AREAS: COLLECTIONS - ARCHITECTURAL LANDMARKS AND FOCUSED ART COLLECTIONS THAT REFLECT A HISTORY OF EMBRACING CONTEMPORARY VISUAL CULTURE; EDUCATION - PROGRAMS AND ACTIVITIES FOR ADULTS AND CHILDREN THAT SERVE AS CATALYSTS FOR CREATIVITY AND LEARNING; EXHIBITIONS - PRESENTATIONS OF REGIONAL, NATIONAL, AND INTERNATIONAL SIGNIFICANCE THAT PROVIDE ACCESS TO ART OF DIVERSE ERAS AND CULTURES; AND, COMMUNITY ENGAGEMENT - PARTNERSHIPS AND INITIATIVES THAT STRENGTHEN TIES TO DIVERSE AUDIENCES AND ENCOURAGE ACTIVE ENGAGEMENT IN COMMUNITY LIFE. 0 0 2248476 209443 EXHIBITIONS - IN 2010, THE TELFAIR PRESENTED FOURTEEN EXHIBITIONS, TEN OF WHICH WERE ORGANIZED BY THE TELFAIR. THROUGH THESE EXHIBITIONS THE TELFAIR EXPOSED VISITORS TO A WIDE VARIETY OF MEDIA INCLUDING PAINTING, PHOTOGRAPHY, DRAWING, MIXED-MEDIA ASSEMBLAGE, FOLK ART AND DECORATIVE ARTS. THE TELFAIR PRODUCED ONE MAJOR SCHOLARLY CATALOGUE TO ACCOMPANY THE 2010 SHOW "THE STORY OF SILVER IN SAVANNAH: CREATING AND COLLECTING SINCE THE 18TH CENTURY". 1214177 29915 EDUCATION PROGRAMS - 17,854 YOUTHS, PRE-K THROUGH COLLEGE AGE VISITED THE TELFAIR MUSEUMS IN 2010. ANOTHER 500 YOUTHS AND MORE THAN 500 ADULTS WERE SERVED IN MUSEUM OUTREACH EDUCATION PROGRAMS TO PARKS, PLAYGROUNDS, NEIGHBORHOOD CENTERS, AND SENIOR CENTERS. OF THESE NEARLY 4000 WERE K-12 STUDENTS PARTICIPATING IN MUSEUM TOUR PROGRAMS. MORE THAN 400 ADDITIONAL PRE-K CHILDREN ATTENDED THE MUSEUM PROGRAMS INCLUDING TODDLER THURSDAYS, FAMILY ART LABS AND HEAD START PROGRAM VISITS. 748 WALK-IN ADMISSIONS WERE RECORDED FOR CHILDREN UNDER 5 YEARS OF AGE AT THE JEPSON CENTER, MANY BROUGHT BY PARENTS TO VISIT THE ARTZEUM. 8,500 PEOPLE ATTENDED THE TELFAIR'S FREE ADMISSION, CITY-SPONSORED ART IN FOCUS PROGRAMS IN 2010 WHICH INCLUDED LECTURES, WORKSHOPS, PERFORMANCES, FAMILY EVENTS AND FILMS. OF THAT NUMBER, 3,800 ATTENDED THE MUSEUM'S PULSE ART AND TECHNOLOGY FESTIVAL PROGRAMS. IN ADDITION TO ART IN FOCUS PROGRAMS, 800 ADULTS ATTENDED LECTURES THROUGHOUT THE YEAR INCLUDING THE TELFAIR ACADEMY GUILD LECTURE SERIES, THE LAWRENCE LECTURE SERIES AND OTHER EXHIBITION RELATED LECTURES. MORE THAN 600 PEOPLE ATTENDED THE MUSEUM'S STUDIO CLASSES IN DRAWING, PAINTING AND MIXED MEDIA AS WELL AS WORKSHOPS AND SUMMER CAMPS IN 2010. 539634 907292 COLLECTIONS - CURRENTLY, THE TELFAIR HOLDS OVER 4,000 WORKS OF ART, INCLUDING PAINTINGS, WORKS ON PAPER, SCULPTURE, FURNITURE AND DECORATIVE ARTS, PRIMARILY FROM EUROPE AND AMERICA, RANGING IN DATE FROM THE EIGHTEENTH CENTURY THROUGH THE PRESENT. IN 2010 THE TELFAIR ACQUIRED 156 WORKS FOR THE COLLECTION, LARGELY THROUGH GIFTS, INCLUDING PAINTINGS, WORKS ON PAPER, PHOTOGRAPHS, SCULPTURE, MIXED-MEDIA WORKS AND DECORATIVE ARTS OBJECTS. THESE WORKS HAVE HELPED TO AUGMENT AND DIVERSIFY THE TELFAIR'S PERMANENT COLLECTION. 494664 1511509 OUTREACH EDUCATION PROGRAMS - IN 2010, THE TELFAIR WAS ABLE TO CONNECT WITH MANY MEMBERS OF THE SAVANNAH COMMUNITY OTHERWISE UNABLE TO VISIT THE MUSEUM THROUGH OUR OUTREACH PROGRAMS. THE MUSEUM PROVIDED ARTS EDUCATION AND APPRECIATION PROGRAMMING FOR THE SAVANNAH ASSOCIATION FOR THE BLIND, GOLDEN AGE CENTERS, GOODWILL INDUSTRIES, SENIOR CITIZENS INC., OVER FORTY SUMMER PARKS AND NEIGHBORHOOD CENTERS, VETERANS ADMINISTRATION OUTPATIENT CLINIC, COASTAL CENTER FOR DEVELOPMENT SERVICES, AND BYCK'S ADULT DAY CARE CENTER, REACHING WELL OVER 1,000 PARTICIPANTS. 494664 1511509 4496951 1 1 0 0 0 0 1 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 50 0 114 1 0 0 0 0 0 0 0 0 X 36 36 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X SHELLY R CANNADY 9127908874 TELFAIR MUSEUM OF ART INCPO BOX SAVANNAH GA 31412 MR FRANKLIN REED DULANY III 3.00 X 0 0 0 MR GARY CAPEN 10.00 X X 0 0 0 MRS CINDY EDWARDS 4.00 X 0 0 0 MR T MILLS FLEMING 10.00 X X 0 0 0 MRS CHERI ROACH 10.00 X X 0 0 0 MR RON B MEDINGER 10.00 X X 0 0 0 MR JOHN T NEISES 4.00 X 0 0 0 MRS MALINDA BERGEN 4.00 X 0 0 0 MRS JANE FEILER JR 5.00 X 0 0 0 MRS JUDY BYCK 3.00 X 0 0 0 MRS VIRGINIA EDWARDS 3.00 X 0 0 0 MRS SUE RUBY 3.00 X 0 0 0 MRS ELISABETH BIGGERSTAFF 6.00 X 0 0 0 MRS JANE WORSHAM 3.00 X 0 0 0 DR GERALD E KRAMER 2.00 X 0 0 0 MR LOWELL KRONOWITZ 2.00 X 0 0 0 DR PAUL M PRESSLY PH D 10.00 X X 0 0 0 MRS JACKIE RABINOWITZ 10.00 X 0 0 0 MRS ALICE JEPSON 5.00 X 0 0 0 MS CAROLYN LUCK 2.00 X 0 0 0 MRS REBECCA HAAS 6.00 X 0 0 0 MR WILLIAM L CROSSMAN 6.00 X 0 0 0 MR WILLIAM LATTIMORE JR 10.00 X 0 0 0 MR ERV HOUSTON 3.00 X 0 0 0 MRS LISA PINYAN 10.00 X 0 0 0 DR THOMAS B LOCKAMY JR 3.00 X 0 0 0 MRS CATHY SOLOMONS 25.00 X X 0 0 0 MRS CLARA STEVENS 3.00 X 0 0 0 MR JOHN G KENNEDY III 10.00 X X 0 0 0 MRS PATRICIA YARBROUGH 2.00 X 0 0 0 MR RICHARD ECKBURG 1.00 X 0 0 0 MR ROBERT S JEPSON JR 2.00 X 0 0 0 MRS TIFFANY CONSIDINE 5.00 X 0 0 0 MRS BETTY MELAVER 2.00 X 0 0 0 MRS ANN MILLER 4.00 X 0 0 0 MRS ELFRIDA B MOORE 4.00 X 0 0 0 MRS DONNA NICHOLAS X 0 0 0 MRS HELEN STEWARD 1.00 X 0 0 0 MRS FRAN THOMAS 6.00 X 0 0 0 DR PEGGY BLOOD 6.00 X 0 0 0 MR STEVEN HIGH 50.00 X X 158669 0 10144 MRS LINDA FISK MORRIS 3.00 X 0 0 0 MRS OLETA HARDEN 3.00 X 0 0 0 MS TAMMIE MOSLEY 4.00 X 0 0 0 MR KEN SIRLIN 5.00 X 0 0 0 MRS MARY VERNICK 4.00 X 0 0 0 158669 0 10144 1 0 1 0 0 189441 255446 1076667 1521554 ADMISSIONS-OT HOUSE 900099 527209 527209 MUSEUM ADMISSIONS JC 900099 200455 200455 ADMISSIONS-TMA 900099 177690 177690 MUSEUM ADMISSIONS TELF 900099 1938 1938 907292 631496 631496 10717641 10346365 371276 371276 371276 520314 390553 129761 129761 462542 220803 241739 241739 EXHIBITION RENTAL 900099 208990 208990 FACILITIES RENTAL 900099 171126 171126 MISCELLANEOUS 900099 126240 126240 506356 4309474 2658159 0 129761 168470 101082 50541 16847 1738744 1427258 190269 121217 122107 100174 13209 8724 131140 107638 14356 9146 5251 3938 525 788 27571 20678 2757 4136 226645 226645 38031 28523 3803 5705 270092 201979 26931 41182 157818 115027 18235 24556 19192 12475 2330 4387 349305 228743 100554 20008 19549 19549 5300 3805 742 753 488341 356953 104013 27375 1027934 873744 102793 51397 158953 123380 28634 6939 BAD DEBT EXPENSE 586000 0 586000 0 CURATORIAL 533177 533177 MAINTENANCE & SECURITY 138687 107551 31136 0 EDUCATION 105667 105667 0 0 CONTRACT LABOR 47964 0 47964 0 35007 25610 4114 5283 6400945 4496951 1555551 348443 289874 340978 2298030 645646 129959 200255 148369 137367 142615 189630 31220036 5143905 26928266 26076131 21450603 23734670 1095694 1184403 52483410 52509080 545412 844129 34984 39896 6475468 6756313 7055864 7640338 X 29080028 27981287 11034496 11567634 5313022 5319821 45427546 44868742 52483410 52509080 X -2091471 1532667 X X 0 1 1 X 0 X 8794056 2384629 1685125 2899045 1521554 17284409 8794056 2384629 1685125 2899045 1521554 17284409 4041581 13242828 444641 729194 627033 566255 631496 2998619 20283028 6299656 0.65290 0.72650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 11906132 6799 1924977 1307219 12530689 10451294 53 2749028 1294243 11906132 17180734 105070 -3991771 2842739 10451294 0.58000 0.42000 1 0 1254866 1254866 27356693 5143905 22212788 2608477 2608477 26076131 MINIS & CO. INVESTMENTS 9037348 F INVESTMENTS - CHATHAM INV LLC 1929082 F INVESTMENTS - TSW 7486126 F MISC INVESTMENTS 5282114 F 23734670 4309474 6400945 -2091471 1532667 1532667 -558804 5842141 1532667 1532667 4309474 0 4309474 6400945 0 6400945 0 6400945 PART III, LINE 1A: THE COLLECTIONS INCLUDE TWO HISTORICAL HOMES, FURNISHINGS, PAINTINGS, AND FINE AND DECORATIVE ART OBJECTS. ALL ITEMS IN THE COLLECTION ARE DEEMED INEXHAUSTIBLE ASSETS. ACCORDING TO MUSEUM POLICY, ANY PROCEEDS FROM THE SALE OF THE COLLECTION ITEMS WILL BE REINVESTED IN OTHER COLLECTION ITEMS. THE MUSEUM HAS ELECTED NOT TO CAPITALIZE THE COLLECTIONS. PART III, LINE 4: THE COLLECTIONS INCLUDE TWO HISTORICAL HOMES, FURNISHINGS, PAINTINGS, AND FINE AND DECORATIVE ART OBJECTS. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ENDOWMENT PAYS OUT AN AMOUNT FOR ANNUAL SUPPORT OF OPERATIONS EQUAL TO FIVE PERCENT OF THE AVERAGE MARKET VALUE AT THE END OF THE PRECEDING THREE YEARS OF CERTAIN RESTRICTED AND UNRESTRICTED FUNDS. X X X 0 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY TELFAIR BALL 227013 227013 13546 42337 91063 ART FAIR 76133 76133 10000 11619 43718 4 217168 217168 2747 175523 520314 520314 23546 56703 310304 390553 129761 X 0 1 X X X X 0 0 0 0 0 0 0 0 0 MR STEVEN HIGH 158669 0 0 0 0 0 6500 0 3644 0 168813 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. X 68 0 0 0 NON REPORTING OF REVENUE: 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 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 12C IN ACCORDANCE WITH THE RESOLUTION AND CONFLICT OF INTEREST POLICY ADOPTED BY THE BOARD OF TRUSTEES OF TELFAIR MUSEUM OF ART, INC., ON JUNE 23, 2008 TRUSTEES, OFFICERS, AND COMMITTEE MEMBERS AND ANY OTHER PERSON GIVEN THE POWER TO VOTE AT BOARD OR BOARD COMMITTEE MEETINGS MUST COMPLETE THE ANNUAL DISCLOSURE STATEMENT FOR THE CONFLICT OF INTEREST POLICY AND RETURN IT PROMPTLY TO THE TELFAIR MUSEUM OF ART, INC. MUSEUM EMPLOYEES ARE EXPECTED TO BE FREE OF INTERESTS OR RELATIONSHIPS THAT ARE ACTUALLY, POTENTIALLY, OR PERCEIVED TO BE DETRIMENTAL TO THE BEST INTERESTS OF THE MUSEUM. ALL EMPLOYEES MUST SIGN A CONFLICT OF INTEREST STATEMENT WHEN THEY BEGIN WORK. FORM 990, PART VI, SECTION B, LINE 15 THE DIRECTOR OF THE TELFAIR MUSEUM OF ART IS REVIEWED BY THE COMPENSATION COMMITTE ON AN ANNUAL BASIS. THE REVIEW IS IN WRITING AND PRESENTED TO THE DIRECTOR THROUGH THE PRESIDENT OF THE BOARD OF TRUSTEES. THE COMPOSITION OF THE COMPENSATION COMMITTEE IS THE PRESIDENT OF THE BOARD OF TRUSTEES, IMMEDIATE PAST-PRESIDENT, ANY VICE PRESIDENTS, SECRETARY, TREASURER, AND THE CHAIR OF THE HUMAN RESOURCE COMMITTEE OF THE BOARD. THE REVIEW IS COMPOSED OF SIX STEPS: 1) THE DIRECTOR PRESENTS A WRITTEN SELF-REVIEW TO THE BOARD PRESIDENT; 2) THE PRESIDENT SOLICITS INPUT ON PERFORMANCE FROM MEMBERS OF THE BOARD, MUSEUM STAFF, AND SELECTED COMMUNITY LEADERS; 3) THE COMPENSATION COMMITTEE REVIEWS ALL DOCUMENTS PRESENTED AND DRAFTS A PERFORMANCE REVIEW FOR THE MUSEUM DIRECTOR AND RECOMMENDS SALARY ADJUSTMENT FOR THE SUBSEQUENT YEAR; 5) THE DIRECTOR CAN CHOOSE TO ACCEPT THE REVIEW, SUBMIT A WRITTEN RESPONSE TO THE REVIEW IF THERE IS DISAGREEMENT, OR RESPOND IN PERSON TO THE REVIEW BEFORE THE COMPENSATION COMMITTEE; 6) 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 PRESENTS A WRITTEN REVIEW OF EACH EMPLOYEE ANNUALLY AS AGREED TO BY THE DIRECTOR AND THE COMPENSATION COMMITTEE. PAY ADJUSTMENTS ARE MADE AT THE DISCRETION OF THE DIRECTOR AND COMPENSATION COMMITTEE. ANY EXTRAORDINARY PERFORMANCE AND PAY ADJUSTMENT, EITHER POSITIVE OR NEGATIVE, IS REVIEWED WITH THE HUMAN RESOURCE COMMITTEE PRIOR TO PERFORMING THE REVIEW. THE ANNUAL SALARY SURVEY COMPILED BY THE ASSOCIATION OF ART MUSEUM DIRECTORS (AAMD) IS USED BY THE MUSEUM AS A GUIDE IN DETERMINING APPROPRIATE LEVELS OF COMPENSATION FOR ALL KEY EMPLOYEES AND DIRECTORS. FORM 990, PART VI, SECTION C, LINE 18 TELFAIR MUSEUM OF ART MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 1,532,667. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.