2017-09-01T13:17:25-05:00 2016-12-31 580662558 HANCOCK ASKEW & CO LLP PO BOX 2486 SAVANNAH GA 31402 990 2016-01-01 580610074 TELFAIR MUSEUM OF ART INC TELF 9127908874 PO BOX 10081 SAVANNAH GA 31412 JOSEPH RUDDER CHIEF FINANCIAL OFFICER 9127908874 2017-08-23 1 SUSAN G CORDERMAN CLIFFORD P00647789 9122348243 2017-08-22 104.193.74.250 2017-08-23 08:29:22 ED P D0672510241CF75F082F9DE71194BADCE1021430 D0672510241CF75F082F9DE71194BADCE1021430 2016 2021-01-29 14:40:06Z TELFAIR MUSEUMS JOSEPH RUDDER PO BOX 10081 SAVANNAH GA 31412 12190168 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. 30 30 97 500 0 0 2150896 1934298 1461900 1480013 1371127 1743019 25480 249592 5009403 5406922 0 0 0 0 2199929 2584014 0 0 471298 3380039 3397593 5579968 5981607 -570565 -574685 56275668 55970562 6531715 6471454 49743953 49499108 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 2091255 725029 EXHIBITIONS: IN 2016, THE MUSEUM PRESENTED 22 EXHIBITIONS, 19 OF WHICH WERE ORGANIZED BY THE TELFAIR. THE FEATURED EXHIBITIONS RANGED FROM A PRESENTATION OF RUSSIAN DECORATIVE ARTS FROM THE ROMANOV DYNASTY TO INSTALLATIONS OF CUTTING-EDGE, INTERACTIVE, TECHNOLOGY-BASED ARTWORKS. A HIGHLIGHT OF 2016 WAS TELFAIR'S PRESENTATION OF THE EXHIBITION TITLED STATE OF THE ART: DISCOVERING AMERICAN ART NOW, WHICH PRESENTED A SNAPSHOT OF THE UNUSUALLY DIVERSE AND NUANCED RANGE OF ARTWORK CREATED BY CONTEMPORARY ARTISTS LIVING IN ALL CORNERS OF AMERICA TODAY. IN CONJUNCTION WITH STATE OF THE ART, IN 2016 TELFAIR DEBUTED ITS #ART912 INITIATIVE TO HIGHLIGHT AND SUPPORT ARTISTS LIVING AND WORKING IN SAVANNAH; THROUGH THIS INITIATIVE THE MUSEUM WAS ABLE TO EXHIBIT WORK BY 24 LOCAL ARTISTS OVER THE COURSE OF THE YEAR. OTHER SIGNIFICANT EXHIBITIONS INCLUDED THE AWARD-WINNING WATERSHED: CONTEMPORARY LANDSCAPE PHOTOGRAPHY, WHICH EXPLORED THE INCREASINGLY FRAUGHT RELATIONSHIP BETWEEN HUMANKIND AND THE ENVIRONMENT; AND COMPLEX UNCERTAINTIES: ARTISTS IN POSTWAR AMERICA, AN ONGOING AND EVOLVING INSTALLATION OF COLLECTION WORKS THAT ILLUSTRATES HOW CURRENT EVENTS CHALLENGE ARTISTS TO EXPLORE UNKNOWNS, CONSTRUCT NARRATIVES, AND REACT TO POWER. 871951 55909 EDUCATION PROGRAMS - NEARLY 7,000 PRE-K THROUGH COLLEGE STUDENTS VISITED THE MUSEUMS FOR EDUCATIONAL TOURS IN 2016. OF THESE, MORE THAN 2,800 ELEMENTARY STUDENTS PARTICIPATED IN DISCUSSION-BASED TOURS OF THE EXHIBITION MONET AND AMERICAN IMPRESSIONISM (JANUARY) AND COMPLEX UNCERTAINTIES: ARTISTS IN POSTWAR AMERICA (OCT.-DEC.). 1,116 INDIVIDUALS, INCLUDING MORE THAN 700 CHILDREN WERE SERVED IN 161 OUTREACH PROGRAMS TO PARKS AND NEIGHBORHOOD CENTERS AND VISITS TO OUTREACH SITES FROM GOLDEN AGE CENTERS TO HOSPITALS, ORGANIZATIONS SERVICING PEOPLE WITH DISABILITIES AND VETERANS. 24 EVENING LECTURE, FILM AND PERFORMANCE PROGRAMS WERE ATTENDED BY 2700 PARTICIPANTS. 2,500 PEOPLE TOOK PART IN THE FREE PULSE ART AND TECHNOLOGY FESTIVAL. 7,352 INDIVIDUALS OF ALL AGES ATTENDED MONTHLY FREE FAMILY DAYS. NEARLY 500 CHILDREN ATTENDED PRE-K, TODDLER AND HEAD START PROGRAMS. 421 YOUTHS AND ADULTS TOOK PART IN STUDIO CLASSES, CAMPS AND WORKSHOPS, 40 STUDENTS PARTICIPATING FREE OF CHARGE DUE TO SCHOLARSHIPS AND FUNDING. 1300 PEOPLE TOOK PART IN NEW DAILY DROP IN STUDIO ART MAKING PROGRAMS. THE MUSEUM'S TEEN COUNCIL PARTICIPATED IN MONTHLY PROGRAMS, AND ORGANIZED A PHOTOGRAPHY EXHIBITION FOR LOCAL HIGH SCHOOL STUDENTS. 1519644 774671 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 PRIMARILY FROM EUROPE AND AMERICA, RANGING IN DATE FROM THE EIGHTEENTH CENTURY THROUGH THE PRESENT. IN 2016, THE TELFAIR ACQUIRED 18 WORKS FOR THE COLLECTION, LARGELY THROUGH GIFTS. THESE ACQUISITIONS INCLUDE PAINTINGS, WORKS ON PAPER, PHOTOGRAPHS, SILVER, MIXED MEDIA AND DECORATIVE ART OBJECTS. THESE WORKS HAVE HELPED TO AUGMENT AND DIVERSIFY THE TELFAIR'S PERMANENT COLLECTION. 72500 72500 4555350 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 53 0 1 97 1 0 0 0 0 0 1 1 0 0 X 30 30 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 GA X X JOSEPH RUDDER 9127908874 TELFAIR MUSEUM OF ART INCPO BOX SAVANNAH GA 31412 ALICE A JEPSON PAST CHAIR 10.00 X X 0 0 0 CHERI ROACH CHAIRMAN 10.00 X X 0 0 0 KEN SIRLIN TREASURER 10.00 X X 0 0 0 BOB FAIRCLOTH SECRETARY 10.00 X X 0 0 0 WILLIAM T MOORE PHD VICE CHAIR 10.00 X X 0 0 0 TOM REILLY VICE CHAIR 10.00 X X 0 0 0 FRANK MACGILL ESQ LEGAL COUNSEL 10.00 X X 0 0 0 EMILY CAY TRUSTEE 3.00 X 0 0 0 SYLVIA COKER TRUSTEE 3.00 X 0 0 0 CHIP COMPTON TRUSTEE 3.00 X 0 0 0 DALE C CRITZ JR VICE CHAIR 10.00 X X 0 0 0 GLEN DARBYSHIRE ESQ TRUSTEE 3.00 X 0 0 0 CHERYL DOZIER PHD TRUSTEE 3.00 X 0 0 0 JOSH KELLER TRUSTEE 3.00 X 0 0 0 TED J KLEISNER CHAIRMAN ELECT 10.00 X X 0 0 0 J WILSON MORRIS TRUSTEE 3.00 X 0 0 0 DAVID E PADDISON TRUSTEE 3.00 X 0 0 0 ROSALEEN ROXBURGH TRUSTEE 3.00 X 0 0 0 SWANN SEILER TRUSTEE 3.00 X 0 0 0 HUE THOMAS III TRUSTEE 3.00 X 0 0 0 RICHARD ECKBURG HONORARY TRUSTEE 3.00 X 0 0 0 ROBERT S JEPSON JR HONORARY TRUSTEE 3.00 X 0 0 0 CAROLYN LUCK MCELVEEN HONORARY TRUSTEE 3.00 X 0 0 0 ANN MILLER HONORARY TRUSTEE 3.00 X 0 0 0 FRIDA MOORE SINKLER HONORARY TRUSTEE 3.00 X 0 0 0 CATHY SOLOMONS HONORARY TRUSTEE 3.00 X 0 0 0 JAN H DORMAN TRUSTEE 3.00 X 0 0 0 DAVE NEISES TRUSTEE 3.00 X 0 0 0 DAVID M HILLENBRAND PHD TRUSTEE 3.00 X 0 0 0 HELEN STEWARD HONORARY TRUSTEE 3.00 X 0 0 0 LISA GROVE DIRECTOR AND CEO 60.00 X 202517 0 5720 JOSEPH RUDDER CHIEF FINANCIAL OFFICER 50.00 X 87641 0 0 290158 0 5720 1 0 1 0 SUNSTATES SECURITY LLC 802 CORPORATE CENTER DRIVE RALEIGH NC 27607 SECURITY SERVICES 403707 LANDMARK PRESERVATION PO BOX 8604 SAVANNAH GA 31412 HISTORIC PRESERVATION 251050 SOUTHERN ATLANTIC MECHANICAL 3770 FERNANDINA RD COLUMBIA SC 29210 MAINTENANCE 143208 3 207250 435932 143000 1148116 3000 1934298 MUSEUM ADMISSIONS 713990 1432755 1432755 EDUCATION PROGRAM REVENUE 611710 47258 47258 1480013 562179 562179 198829 6000 21207 0 177622 6000 183622 183622 7268680 6087840 1180840 1180840 1180840 335496 435932 348146 -12650 -12650 352007 326053 25954 25954 MISCELLANEOUS 900099 52666 52666 52666 5406922 1558633 0 1913991 295878 158764 65997 71117 1944627 1551732 212075 180820 187260 186969 218 73 156249 120512 19028 16709 19144 19144 29300 29300 146394 146394 439458 348146 48158 43154 224477 158680 30773 35024 226748 160644 35748 30356 59063 23625 17719 17719 730074 550905 154168 25001 5615 5615 9369 3517 3585 2267 112957 88107 18073 6777 693553 589520 69355 34678 152062 121650 22809 7603 CURATORIAL EXPENSES 380438 380438 EDUCATION 112141 112141 CREDIT CARD PROCESSING 56800 56800 5981607 4555350 954959 471298 796203 886710 1348586 869300 77608 135389 134211 122725 77499 121251 32560615 8934546 23750991 23626069 24785521 24432297 3312974 3944696 1992075 1832125 56275668 55970562 383430 441132 148285 139281 6000000 5891041 6531715 6471454 X 28830524 28484255 6770985 6872409 14142444 14142444 49743953 49499108 56275668 55970562 X -574685 488913 -159073 X 0 1 X 1 0 X 1908253 4022394 4401700 2150896 1931798 14415041 1908253 4022394 4401700 2150896 1931798 14415041 3197051 11217990 594427 572235 564787 599840 562179 2893468 17308509 7494311 0.64810 0.66890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 0 26085291 2141100 2232246 2008830 146394 28303413 17622842 9034921 273314 845786 26085291 16369223 1128350 801799 676530 17622842 10883492 3004439 3115653 634361 16369223 10458275 950 1711409 1287142 10883492 0.38000 0.49000 0.13000 1 0 1254866 1254866 28281096 6211590 22069506 3024653 2722956 301697 23626069 CHATHAM SMALL CAP PARTNERSHIP I, L.P. 3944696 F 3944696 X 6039491 488913 488913 5550578 -143656 -143656 5406922 6284336 302729 302729 5981607 0 5981607 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, 2016, 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 2013. 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 ROUNDING TELFAIR BALL 542918 365315 177603 30256 51373 11050 51831 ART FAIR 99829 21500 78329 11057 14468 11997 36028 3 128681 49117 79564 20042 71839 7004 31201 771428 435932 335496 11057 64766 135209 18054 119060 348146 -12650 X 0 1 X X X 0 0 0 0 0 0 0 0 0 LISA GROVE DIRECTOR AND CEO 202517 0 0 0 0 0 0 0 5720 0 208237 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 AS WELL AS OTHER SIMILAR ORGANIZATIONS' FORM 990S 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 EMILY CAY - SPOUSE RELATED TO CAY I TRUSTEE 150358 PROPERTY AND LIABILITY INSURANCE SERVICES THROUGH CAY INSURANCE SERVICES 0 X 15 0 X 70877 FAIR MARKET VALUE X 3000 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; AND MR. CHIP COMPTON AND MR. DAVID E. PADDISON - BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS FIRST REVIEWED BY THE DIRECTOR OF THE MUSEUM. IT IS THEN REVIEWED AND SIGNED BY THE CHIEF FINANCIAL OFFICER. 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 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 -159,075. ROUNDING 2.