2017-07-28T15:24:32-04:00 2016-12-31 592921780 WELLS HOUSER & SCHATZEL PA 500 94TH AVE N SAINT PETERSBURG FL 337022406 990 2016-01-01 590949278 MUSEUM OF FINE ARTS OF ST PETERSBURG FLORIDA INC MUSE 7278962667 255 BEACH DRIVE NE ST PETERSBURG FL 33701 WAYNE FRASER CPA TREASURER 7278962667 2017-07-20 true JOHN HOUSER P00430324 7275781040 2017-07-20 2B878EC336641F873019393822C7F06B1FD8821E 8904CB2CAD243E34BA794E0FC77668D89611D354 2016 2021-01-29 14:40:06Z MARK MAHAFFEY 255 BEACH DRIVE NE ST PETERSBURG FL 33071 4747736 false X WWW.MFASTPETE.ORG X 1964 FL OUR MISSION IS TO ENGAGE, EDUCATE AND EXCITE THE COMMUNITY BY COLLECTING, EXHIBITING, AND PRESERVING WORKS OF ART FOR THE ENJOYMENT OF ALL. THE MUSEUM OF FINE ARTS OF ST. PETERSBURG, FLORIDA STRIVES TO BE THE MOST VIBRANT CULTURAL LEADER IN THE COMMUNITY. ITS COMPREHENSIVE COLLECTION, EXHIBITIONS AND PROGRAMS WILL CELEBRATE ART AND ENGAGE THE DIVERSE CULTURES AND COMMUNITIES IT SERVES. WE VALUE: EXCELLENCE AND INTEGRITY IN THE MUSUEM'S STEWARDSHIP ARTISTIC CREATIVITY AND CULTURAL DIVERSITY EDUCATION AND ENGAGEMENT COMMITMENT AND SUPPORT OF OUR COMMUNITY ACCESSIBILITY AND INCLUSIVENESS BEST PRACTICES AS AN ORGANIZATION 21 21 53 450 0 2111778 2535563 1021933 791857 726084 607095 622947 636771 4482742 4571286 0 0 1844491 1725144 0 300502 2320960 2272607 4165451 3997751 317291 573535 44963069 46212444 1342501 1301676 43620568 44910768 X OUR MISSION IS TO ENGAGE, EDUCATE AND EXCITE THE COMMUNITY BY COLLECTING, EXHIBITING, AND PRESERVING WORKS OF ART FOR THE ENJOYMENT OF ALL. THE MUSEUM OF FINE ARTS OF ST. PETERSBURG, FLORIDA STRIVES TO BE THE MOST VIBRANT CULTURAL LEADER IN THE COMMUNITY. ITS COMPREHENSIVE COLLECTION, EXHIBITIONS AND PROGRAMS WILL CELEBRATE ART AND ENGAGE THE DIVERSE CULTURES AND COMMUNITIES IT SERVES. WE VALUE: EXCELLENCE AND INTEGRITY IN THE MUSUEM'S STEWARDSHIP ARTISTIC CREATIVITY AND CULTURAL DIVERSITY EDUCATION AND ENGAGEMENT COMMITMENT AND SUPPORT OF OUR COMMUNITY ACCESSIBILITY AND INCLUSIVENESS BEST PRACTICES AS AN ORGANIZATION false false 1830797 472201 ADMISSIONS - INCOME FROM ADMISSIONS FURTHERS THE EXEMPT PURPOSE OF THE MUSEUM BY PROMOTING ART AND CULTURE WITHIN THE TAMPA BAY AREA. 1037452 272534 MEMBERSHIP DUES - INCOME FROM MEMBERSHIP DUES FURTHERS THE EXEMPT PURPOSE OF THE MUSEUM BY PROMOTING INVOLVEMENT OF THE MEMBERS IN THE PROGRAMS AND EXHIBITS OFFERED BY THE MUSEUM. 183079 47122 ART INSTRUCTION AND MUSIC PROGRAMS - INCOME FROM ART INSTRUCTION AND MUSIC PROGRAMS FURTHERS THE EXEMPT PURPOSE OF THE MUSEUM BY PROMOTING ART AND CULTURE IN THE TAMPA BAY AREA. 3051328 true true false false false false false true false true true false false true true false true false false false false false false false false false false false false false false false false false false false false false true true false false false true false false false true 26 0 true 53 true false false false false false false false false false false X 21 21 false false false false false false false true true false false false true true true true true false false false FL X DIANA WATERS 7278962667 255 BEACH DRIVE NE ST PETERSBURG FL 33701 X MARY ALICE MCCLENDON TRUSTEE 1.00 X 0 0 0 SEYMOUR GORDON ESQ HONORARY NON 1.00 X 0 0 0 CLARK MASON SECRETARY 3.00 X X 0 0 0 GLENN MOSBY EXEC COMM 3.00 X 0 0 0 ROY BINGER TRUSTEE 1.00 X 0 0 0 HAZEL C HOUGH HONORARY NON 1.00 X 0 0 0 CAROL UPHAM HONORARY NON 1.00 X 0 0 0 MARK MAHAFFEY EXEC COMM CH 3.00 X X 0 0 0 WAYNE FRASER CPA TREASURER 5.00 X X 0 0 0 CATHY COLLINS EXEC COMM VI 3.00 X X 0 0 0 ROBERT HILTON TRUSTEE 1.00 X 0 0 0 FAY MACKEY TRUSTEE 1.00 X 0 0 0 DR DIMITY CARLSON PRES, STUART 1.00 X 0 0 0 DR GORDON J GILBERT TRUSTEE 1.00 X 0 0 0 CHRISTINA MAJEED TRUSTEE 0.00 X 0 0 0 FRED S RAZOOK JR EXEC COMM 3.00 X 0 0 0 ERIN SMITH AEBEL TRUSTEE 1.00 X 0 0 0 LAURA MILITZER BRYANT TRUSTEE 1.00 X 0 0 0 JAMES R GILLESPIE JD LLM TRUSTEE 1.00 X 0 0 0 TROY HOLLAND TRUSTEE 1.00 X 0 0 0 JOSEPH C JIMINEZ TRUSTEE 1.00 X 0 0 0 RICHARD KRISEMAN MAYOR NON-VO 0.00 X 0 0 0 DARRYL A LECLAIR TRUSTEE 1.00 X 0 0 0 PATTI NOVACK TRUSTEE 1.00 X 0 0 0 JAMES REICHERT TRUSTEE 1.00 X 0 0 0 1 false false false AUDIO FIDELITY COMMUNICATIONS CORP 230 CLEARFIELD AVE SUITE 103 VIRGINIA BEACH VA 234621832 AUDIO VISUAL 178628 MCENANY ROOFING INC 8803 INDUSTRIAL DR TAMPA FL 33637 ROOFING 156315 UNIVERSAL PROTECTION SERVICES 3710 CORPOREX PARK DR 140 TAMPA FL 33619 SECURITY 141683 SMITHSONIAN INSTITUTION 600 MARYLAND AVE SW WASHINGTON DC 20002 EXHIBITION 136251 4 246825 2288738 87871 2535563 ADMISSIONS 711130 472201 472201 MEMBERSHIP DUES 711130 272534 272534 ART AND MUSIC PROGRAMS 711130 47122 47122 791857 607095 607095 505410 505410 505410 505410 307811 176450 131361 131361 4571286 1428628 607095 117595 105836 11759 70977 63880 7097 1204361 902844 78648 222869 26217 20187 1835 4195 189144 145641 13240 30263 116850 89975 8179 18696 29400 29400 75706 75706 301866 301866 93932 49930 39486 4516 478955 394614 75462 8879 5269 4057 369 843 11560 9364 1965 231 55860 45247 9496 1117 104255 88693 14211 1351 TELEPHONE AND UTILITIES 286717 232241 48742 5734 EDUCATION 270824 270824 ART EXHIBITIONS 269560 269560 PROFESSIONAL FEES - OTHER 229535 229535 59168 56569 791 1808 3997751 3051328 645921 300502 590332 651237 89221 49828 55432 88460 15311 11450 220321 196179 80149 174005 28371241 763167 27114459 27608074 13116825 13696925 3681019 3736286 44963069 46212444 242879 301676 1099622 1000000 1342501 1301676 X 27662688 27753346 6358465 7144480 9599415 10012942 43620568 44910768 44963069 46212444 573535 876339 -159674 X false true X true false X 1013059 1814876 1287663 1381751 1486919 6984268 1013059 1814876 1287663 1381751 1486919 6984268 6984268 993391 898447 946544 1196963 1112505 5147850 40650 32415 25003 61847 47122 207037 12339155 4043493 0.56600 0.55720 X SUPPORTING SCHEDULE EDUCATION SUPPORT 249,641 EXHIBITION SPONSORSHIP 100,000 EXHIBITION SPONSORSHIP 100,000 DIRECTOR SEARCH, STRATEGIC PLANNING 40,000 BEQUEST DISTRIBUTION 68,757 EXHIBIT SPONSORSHIP 85,000 LIQUIDATING DISTRIBUTION 677,780 PART II, LINE 10 LECTURES AND PROGRAMS 207,037 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X false 14119752 800526 1057001 1445805 61239 14470235 14408681 685081 -199940 711713 62357 14119752 14608532 766055 891547 74359 14408681 13166311 100000 2400198 990221 67756 14608532 9554148 2651788 1444868 433356 51137 13166311 0.11000 0.63000 0.26000 true false 1 1 27211138 27211138 1160102 763167 396935 27608074 BENEFICIAL INT IN PERPETUAL TRUSTS 3386418 BENEFICIAL INT IN CHARITABLE TRUSTS 349868 3736286 LINE OF CREDIT 1000000 1000000 5502891 876339 55266 931605 4571286 4571286 4212691 214940 214940 3997751 3997751 SCHEDULE D, PAGE 2, PART V, LINE 4 THE ENDOWMENT FUNDS PRINCIPAL IS TO BE HELD IN PERPETUITY WITH THE INCOME FROM THE FUNDS USED TO SUPPORT THE GENERAL OPERATIONS OF THE MUSEUM. THE MUSEUM OF FINE ARTS HAS ESTABLISHED ENDOWMENT FUNDS FOR THE PURPOSE OF INVESTING ASSETS IN A MANNER THAT PRESERVES THE REAL VALUE OF THE ENDOWMENT PRINCIPAL AND PROVIDES SPENDABLE FUNDS THAT CAN BE USED TO FULFILL THE PURPOSES FOR WHICH THE ENDOWMENTS WERE ESTABLISHED. THE MUSEUM'S ENDOWMENT FUNDS CONSIST OF DONOR RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD AS FUNDS THAT FUNCTION AS ENDOWMENTS. THE MUSEUM'S MANAGEMENT OF ENDOWED FUNDS FOLLOWS THE REQUIREMENTS OF THE FLORIDA UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (FUPMIFA; FLORIDA STATUTE 617.2104) EFFECTIVE JULY 1, 2012. THE BOARD INTERPRETS THESE RULES AS REQUIRING THE PRESERVATION OF THE FAIR VALUE OF ENDOWMENT GIFTS AS OF THE DATE OF FUPMIFA'S IMPLEMENTATION OR THE DATE OF THE GIFT (WHICHEVER IS LATER), ABSENT EXPLICIT DONOR STIPULATIONS TO THE CONTRARY. AS A RESULT OF THIS INTERPRETATION, THE MUSEUM CLASSIFIES AS PERMANENTLY RESTRICTED NET ASSETS THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT, THE ORIGINAL VALUE OF SUBSEQUENT GIFTS THAT MAY BE MADE TO THE PERMANENT ENDOWMENT, AND ACCUMULATIONS TO THE PERMANENT ENDOWMENT NEEDED TO PRESERVE THE FAIR VALUE OF THE GIFT. THE INVESTMENT OF MUSEUM ENDOWMENT FUNDS IS GOVERNED BY THE MUSEUM OF FINE ARTS INVESTMENT POLICY, AS APPROVED BY THE BOARD ON JULY 24, 2008. TO PROVIDE A PORTION OF FUNDING FOR THE MUSEUM'S ANNUAL BUDGET, THE FINANCE COMMITTEE SHALL RECOMMEND A DISTRIBUTION OF UP TO FIVE PERCENT (5%) OF THE ROLLING THREE YEAR AVERAGE OF THE TOTAL VALUE OF ENDOWMENTS ADMINISTERED BY THE MUSEUM ON DECEMBER 31 OF THE PREVIOUS YEARS. THIS SPENDING POLICY SHALL BE REVIEWED PERIODICALLY BY THE FINANCE COMMITTEE. ANY UNDESIGNATED GIFTS THAT THE MUSEUM RECEIVES THROUGH ITS ACCUMULATED GIFTS AND EQUESTS ARE CONSIDERED UNRESTRICTED BOARD DESIGNATED AND ONLY RELEASED UPON BOARD APPROVAL. THE PERPETUAL TRUSTS ARE HELD OUTSIDE THE MUSEUM UNDER TRUSTS AGREEMENTS MANAGED BY FINANCIAL INSTITUTIONS. THE MUSEUM RECEIVES REGULAR MONTHLY AND QUARTERLY DISTRIBUTIONS OF INCOME FROM THE TRUSTS. THE WISH, STUART AND HOUGH ENDOWMENTS ARE MANAGED BY THE MUSEUM'S CONTRACTED MONEY MANAGERS UNDER ITS INVESTMENT POLICY AS AMENDED ON JULY 24, 2008. THE PERMANENTLY RESTRICTED PORTION OF THE BOARD DESIGNATED FUND WAS ESTABLISHED ON OCTOBER 17, 2008 AND IS MANAGED BY THE COMMUNITY FOUNDATION OF TAMPA BAY. THE UNRESTRICTED PORTION OF THE BOARD DESIGNATED FUND IS COMPOSED OF ACCUMULATED GIFTS AND BEQUESTS DONATIONS MANAGED BY THE MUSEUM'S CONTRACTED MONEY MANAGERS UNDER ITS INVESTMENT POLICY AS AMENDED ON JULY 24, 2008 AND ARE ONLY RELEASED UPON BOARD APPROVAL. THE PERPETUAL TRUST ASSETS ARE NOT UNDER THE CONTROL OF THE MUSEUM AND AS SUCH THE ENTIRE FAIR VALUE OF THE TRUSTS ARE REFLECTED AS PERMANENTLY RESTRICTED. THE WISH, STUART AND HOUGH ENDOWMENTS ORIGINAL DONATIONS ARE CONSIDERED PERMANENTLY RESTRICTED WITH THE EXCESS CONSIDERED TEMPORARILY RESTRICTED UNTIL APPROPRIATED FOR EXPENDITURE BY THE MUSEUM BOARD. THE BOARD DESIGNATED ENDOWMENT IS PERMANENTLY RESTRICTED FOR FUNDS INVESTED WITH THE COMMUNITY FOUNDATION OF TAMPA BAY AND UNRESTRICTED FOR ACCUMULATED GIFTS AND BEQUESTS. SCHEDULE D, PAGE 4, PART XI, LINE 2D GAIN ON PERPETUAL TRUSTS 31,657 GAIN ON CHARITABLE REMAINDER TRUSTS 23,609 SCHEDULE D, PAGE 4, PART XII, LINE 2D PURCHASE OF ART WORKS 199,690 INVENTORY WRITE OFF PRINTS TO CURATORIAL 15,250 X 171 NOT VALUED X 6538 COST X 9 81333 MARKET VALUE LISTED STOCK 7 false true false SCHEDULE M, PAGE 1, PART I, LINE 33 THE MUSEUM ADOPTED A POLICY OF NOT CAPITALIZING ITS ART COLLECTION. THEREFORE, IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) 958-605-25-19 AN ENTITY NEED NOT RECOGNIZE CONTRIBUTIONS OF WORKS OF ART IF THE DONATED ITEMS ARE ADDED TO THE COLLECTION. SCHEDULE M, PAGE 2, PART II THE NUMBER OF CONTRIBUTIONS REPORTS THE NUMBER OF ITEMS DONATED BY DONORS. FORM 990 - ORGANIZATION'S MISSION OUR MISSION IS TO ENGAGE, EDUCATE AND EXCITE THE COMMUNITY BY COLLECTING, EXHIBITING, AND PRESERVING WORKS OF ART FOR THE ENJOYMENT OF ALL. THE MUSEUM OF FINE ARTS OF ST. PETERSBURG, FLORIDA STRIVES TO BE THE MOST VIBRANT CULTURAL LEADER IN THE COMMUNITY. ITS COMPREHENSIVE COLLECTION, EXHIBITIONS AND PROGRAMS WILL CELEBRATE ART AND ENGAGE THE DIVERSE CULTURES AND COMMUNITIES IT SERVES. WE VALUE: EXCELLENCE AND INTEGRITY IN THE MUSUEM'S STEWARDSHIP ARTISTIC CREATIVITY AND CULTURAL DIVERSITY EDUCATION AND ENGAGEMENT COMMITMENT AND SUPPORT OF OUR COMMUNITY ACCESSIBILITY AND INCLUSIVENESS BEST PRACTICES AS AN ORGANIZATION FORM 990, PAGE 1, PART I, LINE 6 MUSEUM VOLUNTEERS PROVIDE SIGNIFICANT CONTRIBUTIONS OF THEIR TIME IN THE FUTHERANCE OF THE MUSEUM'S PROGRAMS AND ADMINISTRATION. TYPES OF SERVICES PROVIDED INCLUDE GUIDED TOURS BY ART DOCENTS, MUSEUM SHOP SALES STAFF, BOOKBINDING, ADMINISTRATIVE ASSISTANCE, ADMISSIONS, MEMBERSHIP, ART EDUCATION, MUSIC AND LECTURE PROGRAMS. THE BOARD OF TRUSTEES VOLUNTEER THEIR TIME TOWARDS SIX STANDING COMMITTEES INCLUDING EXECUTIVE, ACCESSIONS, FINANCE: BUDGET, AUDIT AND INVESTMENTS, DEVELOPMENT/MEMBERSHIP/MARKETING, EDUCATION, AND THE OFFICE OF TRUSTEESHIP. THE VALUE OF THIS CONTRIBUTED TIME IS NOT REFLECTED IN THE TAX RETURN SINCE IT IS NOT SUSCEPTIBLE TO OBJECTIVE MEASUREMENT OR VALUATION. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS COMPLETED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM AND REVIEWED BY THE FINANCE OFFICER AND BOARD TREASURER. THE TREASURER THEN PRESENTS TO THE BOARD OF TRUSTEES WHO AUTHORIZE THE RETURN SIGNATURE AND FILING. FORM 990, PAGE 6, PART VI, LINE 12C TO ENSURE THAT TRUSTEES, STAFF, AND VOLUNTEERS ARE AWARE OF THE CONFLICT OF INTEREST POLICY, A COPY SHALL BE DISTRIBUTED TO EACH TRUSTEE UPON HIS/HER ELECTION TO THE BOARD AND TO EACH STAFF MEMBER AND VOLUNTEER WHEN THEY BEGIN THEIR AFFILIATION WITH THE MUSEUM. EACH PERSON SHALL ACKNOWLEDGE IN WRITING RECEIPT OF THE POLICY AND THEIR AGREEMENT TO COMPLY WITH IT. SITUATIONS WITHIN THE MUSEUM OR CONCERNING THE ACTIVITIES AND DETERMINATIONS OF THE BOARD, THE STAFF OR VOLUNTEERS THAT MIGHT CONCEIVABLY LEAD TO CONFLICTS OF INTEREST MUST BE DISCLOSED. CONFLICTS OR APPEARANCES THEREOF, BY THE STAFF OR VOLUNTEERS, SHOULD BE DISCLOSED TO THE DIRECTOR WHO WILL CONSULT WITH THE PRESIDENT OF THE BOARD OF TRUSTEES, THE EXECUTIVE COMMITTEE, OR THE MUSEUM'S COUNSEL, AS APPROPRIATE. TRANSACTIONS IN WHICH A TRUSTEE OR THE DIRECTOR MAY HAVE A CONFLICT OF INTEREST SHOULD BE DISCLOSED TO THE PRESIDENT OF THE BOARD AND SHALL BE CAREFULLY SCRUTINIZED. ALL DISCLOSURES SHOULD BE IN WRITING, AND A PERMANENT RECORD MADE OF EACH DISCLOSURE AND ANY ACTIONS OR DETERMINATIONS MADE FOLLOWING A DISCLOSURE. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9 GAIN ON PERPETUAL TRUSTS 31,657 GAIN ON CHARITABLE REM TRUSTS 23,609 WRITE OFF INVENTORY TO CURATORIAL -15,250 PURCHASE OF ART WORKS -199,690 TOTAL -159,674 MARGARET ACHESON STUART SOCIEY INC 255 BEACH DR NE ST PETERSBURG FL 33701 593089566 SUPPORT OR FL C3 12D N/A false false false true false false false false false false false false false false false false false false false false MARGARET ACHESON STUART SOCIETY INC C 249641 CASH DONATION