2011-07-26T08:15:49-05:00 2010-12-31 PDR CERTIFIED PUBLIC ACCOUNTANTS 29750 US HWY 19 N 101 CLEARWATER FL 337611510 990 2010-01-01 311650423 THE TAMPA MUSEUM OF ART FOUNDATION INC TAMP 8132591720 120 W GASPARILLA PLAZA TAMPA FL 33602 JOHN T WATTS 8132591720 2011-07-21 1 NANCY M RIDENOUR 7277854447 2010 2016-02-24 21:20:13Z THE TAMPA MUSEUM OF ART FONDATION JOHN T WATTS 306 EAST JACKSON STREET TAMPA FL 33602 1276929 0 X WWW.TAMPAMUSEUM.ORG X 1998 FL MAINTAINS AND RAISES FUNDS FOR BENEFIT OF THE TAMPA MUSEUM OF ART, INC. 15 15 0 0 0 0 1319640 1065403 0 0 -8063 15101 0 0 1311577 1080504 0 0 0 0 147038 8511 0 0 0 36569 420252 183607 428763 1127970 651741 18483485 17686686 5827010 4304580 12656475 13382106 NONE 0 0 0 15101 TO RAISE AND MAINTAIN FUNDS AND TO DISTRIBUTE AND ADMINISTER FUNDS EXCLUSIVELY FOR THE BENEFIT OF THE TAMPA MUSEUM OF ART, INC. 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 FL X JESUS ROMO 8132748130 2306 N HOWARD AVE TAMPA FL 33607 X SARA RICHTER 1.00 X X 0 0 0 RAY IFERT 1.00 X X 0 0 0 JOHN T WATTS 1.00 X X 0 0 0 EDWARD M WALLER 1.00 X X 0 0 0 CORNELIA G CORBETT 1.00 X 0 0 0 JAMES W DEGENHARDT 1.00 X 0 0 0 MARGO C EURE 1.00 X 0 0 0 DR STEPHEN F DICKEY 1.00 X 0 0 0 MICAH FOGARTY 1.00 X 0 0 0 PETER HEPNER 1.00 X 0 0 0 DEBRA WILLIAMS MCDANIEL 1.00 X 0 0 0 DR RICHARD E PERRY 1.00 X 0 0 0 CHRISTINE C PHILLIPS 1.00 X 0 0 0 JOHN PIEPER 1.00 X 0 0 0 BARBARA ROMANO 1.00 X 0 0 0 MARC BAUMANN 1.00 X 0 0 0 CHARLES W CALLAHAN 1.00 X 0 0 0 ANN GILES 1.00 X 0 0 0 BRUCE H GORDON 1.00 X 0 0 0 CHRISTOPHER L HIESTAND 1.00 X 0 0 0 LAURA SHERMAN 1.00 X 0 0 0 TREADY A SMITH 1.00 X 0 0 0 DOUG TUTTLE 1.00 X 0 0 0 TODD SMITH 15.00 X 0 0 0 0 0 0 0 0 0 0 0 1065403 1065403 26816 26816 184710 196425 -11715 -11715 -11715 1080504 15101 0 0 8511 8511 2000 2000 285 285 69973 69973 308084 308084 BAD DEBT 40000 40000 MISCELLANEOUS -90 -90 428763 0 428763 0 639792 377528 57670 72545 5892968 4015327 63922 228180 591424 114407 972 477017 994834 1069008 10833327 11447081 18483485 17686686 261921 4580 5565089 4300000 5827010 4304580 X 6136393 8684494 5364690 3542220 1155392 1155392 12656475 13382106 18483485 17686686 X 651741 73890 X X 0 1 1 X 0 X X 0 0 0 THE TAMPA MUSEUM OF ART INC 591934721 11A 1 0 1 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6520082 907750 2730220 4697613 9227573 955531 3663022 6520082 9178450 328000 278877 9227573 0 0 591424 114407 477017 477017 LEASEHOLD INTEREST 11447081 11447081 1080504 428763 651741 79564 -5674 73890 725631 1154394 79564 -5674 73890 1080504 0 1080504 428763 0 428763 0 428763 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION IS RECOGNIZED AS A NOT-FOR-PROFIT CORPORATION UNDER THE LAWS OF THE STATE OF FLORIDA AND HAS BEEN GRANTED RECOGNITION AS A NOT-FOR-PROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE IRC. ACCORDINGLY, NO INCOME TAX LIABILITY OR PROVISION FOR INCOME TAXES IS REFLECTED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. AS OF DECEMBER 31, 2009, THE ORGANIZATION ELECTED TO ADOPT THE GUIDANCE FOR UNCERTAINTY IN INCOME TAXES AS DEFINED IN FASB ASC 740-10-65-1. THE ORGANIZATION RECORDS A LIABILITY FOR UNCERTAIN TAX POSITIONS WHEN IT IS PROBABLE THAT A LOSS HAS BEEN INCURRED AND THE AMOUNT CAN BE REASONABLY ESTIMATED. AS OF DECEMBER 31, 2010, THE ORGANIZATION HAS NOT RECOGNIZED ANY RESPECTIVE LIABILITY FOR UNRECOGNIZED TAX BENEFITS AS IT HAS NO KNOWN TAX POSITIONS THAT WOULD SUBJECT THE ORGANIZATION TO ANY MATERIAL INCOME TAX EXPOSURE. A RECONCILIATION OF THE BEGINNING AND ENDING AMOUNT OF UNRECOGNIZED TAX BENEFITS IS NOT INCLUDED, NOR IS THERE ANY INTEREST ACCRUED RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN THE STATEMENTS OF ACTIVITIES AS THERE ARE NO UNRECOGNIZED TAX BENEFITS. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE COMMITTEE APPROVES THE FORM BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY THE ORGANIZATION SENDS OUT THE CONFLICT OF INTEREST POLICY THAT MUST BE SIGNED BY EACH BOARD MEMBER. THEY ARE REQUIRED TO RETURN IT TO THE ORGANIZATION WITHIN 30 DAYS OF RECEIVING IT. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS OF DETERMINING THE EXECUTIVE DIRECTOR IS AS FOLLOWS: THE MUSEUM FIRST DETERMINES A SALARY RANGE THAT IS WITHIN THEIR BUDGET. THEY THEN HIRE A SEARCH FIRM TO DETERMINE AN APPROPRIATE AMOUNT THAT FALLS WITHIN THE BUDGETED SALARY RANGE. ONCE THE AMOUNT IS DETERMINED AND A CANDIDATE IS CHOSEN, THE BOARD THEN MUST APPROVE IT. THE PROCESS OF DETERMINING OTHER OFFICERS OR KEY EMPLOYEES IS AS FOLLOWS: THEY BASE THEIR COMPENSATION UPON THE MARKET RATES PROVIDED BY THE MUSEUM NATIONAL SALARY. THE BOARD APPROVES THE BUDGET FOR OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 AT THIS TIME, THE MUSEUM ONLY ALLOWS THE PUBLIC TO VIEW ITS FORM 990 AND FINANCIAL STATEMENTS UPON REQUEST OF THE DOCUMENTS. THEY HAVE RECENTLY UPDATED THEIR WEBSITE AND ARE CONSIDERING POSTING THE AFORMENTIONED DOCUMENTS FOR DISPLAY. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 79,564. INVESTMENT EXPENSES: -5,674. TOTAL TO FORM 990, PART XI, LINE 5: 73,890. FORM 990, PART XII, LINE 2C THE FINANCIAL STATEMENTS ARE PRESENTED TO THE FINANCE COMMITTEE TO BE REVIEWED AND THEN PRESENTED IN FRONT OF THE BOARD FOR RATIFICATION. TAMPA MUSEUM OF ART INC 2306 NORTH HOWARD AVENUE TAMPA FL 33607 591934721 MUSEUM FL 501(C)(3) 170(B)(1)(A)(VI) 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 TAMPA MUSEUM OF ART INC B 1065403 FMV TAMPA MUSEUM OF ART INC M 123988 FMV TAMPA MUSEUM OF ART INC Q 392748 FMV TAMPA MUSEUM OF ART INC R 169629 FMV