2024-09-23T07:45:26-05:00 2023-12-31 222027092 WITHUMSMITHBROWN PC 1835 MARKET STREET PHILADELPHIA PA 19103 990 2023-01-01 231381459 WOODMERE ART MUSEUM WOOD 2152470476 9201 GERMANTOWN AVE PHILADELPHIA PA 19118 WILLIAM R VALERIO CEO/EXECUTIVE DIRECTOR 2152470476 2024-09-23 1 0 STEVEN M GLUECK P00856557 2155677770 2024-09-23 2023 2024-08-08 14:25:15Z WILLIAM R VALERIO 9201 GERMANTOWN AVE PHILADELPHIA PA 19118 6699061 0 X WOODMEREARTMUSEUM.ORG X 1940 PA TO INSPIRE CREATIVITY, LEARNING, AND SELF-EXPRESSION THROUGH EXPERIENCES WITH THE ART AND ARTISTS OF PHILADELPHIA AND THE REGION. 19 19 35 114 0 0 14287027 3989091 219757 281895 404379 502776 53194 39309 14964357 4813071 0 0 0 0 1499181 1575750 0 0 549033 2206844 2193783 3706025 3769533 11258332 1043538 37013939 38429133 2444465 1685136 34569474 36743997 X TO INSPIRE CREATIVITY, LEARNING AND SELF-EXPRESSION THROUGH EXPERIENCES WITH THE ART AND ARTISTS OF PHILADELPHIA AND THE REGION. 0 0 629781 4568915 OVERALL: A DYNAMIC MUSEUM THAT CONTINUES TO GROW IN THE VITALITY OF ITS EXHIBITONS AND PROGRAMMING, WOODMERE IS THE ONLY ART MUSEUM SOLELY FOCUSED ON THE WORK OF ARTISTS OF THE PHILADELPHIA REGION. THE MUSEUM ENGAGES A GROWING AND INCREASINGLY DIVERSE AUDIENCE THROUGH TEN OR MORE CHANGING EXHIBITIONS AND VIBRANT YEAR-ROUND PROGRAMMING. THE COLLECTION OF APPROXIMATELY 10,000 WORKS OF ART INCLUDES THE LARGEST CONCENTRATION OF WORK BY VIOLET OAKLEY AND HER CIRCLE, AS WELL AS IMPORTANT WORKS BY CHARLES WILLSON PEALE, BENJAMIN WEST, THOMAS SULLY, FREDERIC CHURCH, ARTHUR B. CHARLES, BO BARTLETT, AND MANY OTHERS. IN ADDITION,WOODMERE'S HELEN MILLARD CHILDREN'S GALLERY SHOWCASES FIVE EXHIBITIONS ANNUALLY OF ART MADE BY CHILDREN REPRESENTING THE MODEL PROJECTS IN ARTS EDUCATION THAT CAN BE REPLICATED BY TEACHERS. THE MUSEUM ALSO OFFERS AN EXPERIENCE OF OUTDOOR SCULPTURE IN THE CONTEXT OF NATURE AND THE ENVIRONMENTAL FEATURES OF THE MUSEUM'S GROUNDS. WOODMERE CONTINUES TO DEVELOP AND INTEGRATE THE EXPERIENCE ACROSS THE GROUNDS IN A MANNER THAT BRINGS ART IN CONVERSATION WITH ENVIRONMENTAL SCIENCE AND HORTICULTURAL INTEREST. FURTHER ENGAGEMENT WITH THE PUBLIC IS PROVIDED THROUGH AN EXPANSIVE ARRAY OF EDUCATIONAL PROGRAMS, SUCH AS A MUSIC SERIES PROGRAM, LECTURES, TOURS AND FILM. IN THE FALL OF 2021, WOODMERE ACQUIRED A 17,000 SQUARE-FOOT MANSION NAMED FRANCES M. MAGUIRE HALL FOR ART AND EDUCATION AT WOODMERE ART MUSEUM WHICH WILL ALLOW FOR A MAJOR TRANSFORMATIVE EXPANSION OF THE MUSEUM'S EXHIBITION AND OUTDOOR SPACES. IN ADDITION, THIS EXPANSION WILL PROVIDE A NEW DROP-IN ART SPACE FOR SCHOOL GROUPS AND FAMILIES AND WILL AUGMENT THE MUSEUM'S HIGHLY SUCCESSFUL EDUCATIONAL PROGRAMMING DESCRIBED ABOVE.WOODMERE IS ACCREDITED BY THE AMERICAN ALLIANCE OF MUSEUMS, A DISTINCTION HELD BY APPROXIMATELY THREE PERCENT OF ALL MUSEUMS NATIONWIDE. ALSO, ON THE NATIONAL REGISTER OF HISTORIC PLACES, WOODMERE IS DESIGNATED A SIGNIFICANT STRUCTURE THAT CONTRIBUTES TO THE CHARACTER OF THE CHESTNUT HILL HISTORIC DISTRICT IN PHILADELPHIA 841016 244156 EDUCATION - EXHIBITIONS AT WOODMERE SERVE AS A PLATFORM FOR ONGOING SERIES OF EDUCATIONAL OPPORTUNITIES, LECTURES, GALLERY TALKS, FAMILY FESTIVALS, SCHOOL PROGRAMS, "ART OF OBSERVATION" PROGRAMS WITH MEDICAL SCHOOLS, AND PANEL DISCUSSIONS FEATURING TOP SCHOLARS AND ARTISTS. CLASSES ARE TAUGHT BY EDUCATORS AND PROFESSIONAL ARTISTS. APPROXIMATELY 3,100 ADULTS AND CHILDREN WERE ENROLLED IN ART CLASSES IN 2023. 730575 COLLECTIONS - CARING FOR WOODMERE'S COLLECTION OF MORE THAN 10,000 WORKS OF ART IS A PRIMARY ACTIVITY OF THE INSTITUTION. THE FOUNDER'S COLLECTION, THE CORE OF WHICH REMAINS ON VIEW AT WOODMERE TO THIS DAY, CONCENTRATES ON POST-CIVIL WAR AMERICAN PAINTINGS, WORKS BY PHILADLPHIA ARTISTS OF THE 19TH CENTURY, AND LANDSCAPE PAINTINGS OF THE HUDSON RIVER SCHOOL. WOODMERE ALSO HOLDS ONE OF THE NATION'S PREMIER COLLECTION OF PENNSYVANIA IMPRESSIONISTS, THE CIRCLE OF VIOLET OAKLEY, THE CIRCLE OF ARTHUR B. CARLES, AND MODERN AND CONTEMPORARY ART OF PHILADELPHIA. REALISM, MODERNISM, PRINTMAKING, CONCEPTUAL ART, AND MANY OTHER THREADS OF ART HISTORY HAVE DISTINCT AND SIGNIFICANT CONFIGURATIONS IN PHILADELPHIA, MAKING WOODMERE'S COLLECTION AN IMPORTANT CULTURAL ASSET OF THE CITY. 692484 PRESERVATION OF HISTORICAL MANSION WHICH HOUSES MUSEUM'S WORKS OF ART. 692484 2893856 1 1 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 53 0 1 35 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X X MARGARET STEELE 2152470476 9201 GERMANTOWN AVENUE PHILADELPHIA PA 19118 WILLIAM VALERIO PHD EXECUTIVE DIRECTOR AND CEO 60.00 X X 238193 0 13468 STEPHANIE CEHELSKY CFO 50.00 X X 129917 0 13767 ANN STANDISH DIRECTOR OF ADVANCEMENT 50.00 X X 125272 0 3400 JAMES ALEXANDRE PRESIDENT 5.00 X X 0 0 0 AMY BRANCH VICE PRESIDENT 3.00 X X 0 0 0 MARGARET STEELE SECRETARY 2.00 X X 0 0 0 JOHN AFFLECK ASSISTANT TREASURER 2.00 X X 0 0 0 MARGARET SADLER TREASURER 2.00 X X 0 0 0 SUE ELLEN ALDERMAN TRUSTEE 2.00 X 0 0 0 MICK BYERS TRUSTEE 2.00 X 0 0 0 ELIE-ANNE CHEVRIER TRUSTEE 2.00 X 0 0 0 DAVIRAH DINKINS TRUSTEE 1.00 X 0 0 0 LAWRENCE FINKELSTEIN ESQ TRUSTEE 4.00 X 0 0 0 IRMA FRALIC TRUSTEE 2.00 X 0 0 0 STEPHANIE FLAGG MD TRUSTEE 1.00 X 0 0 0 RYAN FARRAGUT TRUSTEE 3.00 X 0 0 0 SARAH LODGE TRUSTEE 3.00 X 0 0 0 KYLE SALATA TRUSTEE 3.00 X 0 0 0 LYNN HITSCHLER TRUSTEE (ADVISORY) 0.50 X 0 0 0 ANNA WOODWARD TRUSTEE (ADVISORY) 0.25 X 0 0 0 KATIE FRIEDLAND TRUSTEE 2.00 X 0 0 0 RUSSELL HARRIS MD TRUSTEE 2.00 X 0 0 0 RALPH HIRSHORN TRUSTEE 1.00 X 0 0 0 GLENNA STONE TRUSTEE 2.00 X 0 0 0 WILLIAM D WOLGIN TRUSTEE 0.25 X 0 0 0 SEDRA SCHIFFMAN EMERITI TRUSTEE 0.25 X 0 0 0 MARY ANN SALLY WIRTS EMERITI TRUSTEE 0.50 X 0 0 0 JOSEPH NICHOLSON EMERITI TRUSTEE 0.25 X 0 0 0 LEONARD KLORFINE EMERITI TRUSTEE 0.25 X 0 0 0 MARGUERITE LENFEST EMERITI TRUSTEE 0.50 X 0 0 0 DIANNE MEYER ESQ EMERITI TRUSTEE 0.25 X 0 0 0 493382 0 30635 3 0 1 0 MATTHEW BAIRD ARCHITECTS 227 BROADWAY 16TH FLOOR NEW YORK NY 10007 ARCHITECTURAL SERVICES 523995 THE SULLIVAN COMPANY 2 LA GRANGE AVENUE ESSINGTON PA 19029 CONSTRUCTION 291147 SAFE SIDE ENVIRONMENTAL SERVICES INC 510 FLORAL VALE BLVD YARDLEY PA 19067 ASBESTOS REMOVAL 154376 ANDROPOGON ASSOCIATES 2209 CHESTNUT ST SUITE 300 PHILADELPHIA PA 19103 LANDSCAPE ARCHITECT 147417 AEGIS PROPERTY GROUP PO BOX 825470 PHILADELPHIA PA 19182 CONSTRUCTION MANAGEMENT 143520 5 96798 27060 3865233 3989091 ART CLASSES 611160 139105 139105 MUSIC 611160 102091 102091 OTHER 611160 40699 40699 281895 507628 507628 1792297 1797149 -4852 -4852 -4852 128150 88841 39309 39309 4813071 321204 0 502776 493382 256205 19142 218035 880297 699839 53222 127236 89936 63205 5206 21525 112135 79621 6710 25804 39632 39632 18000 18000 66178 66178 358233 333908 24325 45460 40925 4535 143863 21910 89902 32051 382335 367407 8252 6676 51486 51486 323593 323593 112252 107169 3613 1470 EXHIBTION 140210 140210 PUBLICATION 116736 116736 EDUCATIONAL PROGRAN 81203 81203 DEVELOPMENT OPERATING 77611 77611 236991 170807 50094 16090 3769533 2893856 326644 549033 750 750 1147922 2721984 4871435 4036843 7044286 4521682 26035 27314 159336 195738 13216884 3889278 8314126 9327606 12671779 14586669 2778270 3010547 37013939 38429133 150716 104625 30561 32738 2260596 1545250 2592 2523 2444465 1685136 X 11335680 13361644 23233794 23382353 34569474 36743997 37013939 38429133 X 1043538 1217079 -86094 X 0 1 X 1 0 X 1907823 2892062 10426363 14287027 3856978 33370253 1907823 2892062 10426363 14287027 3856978 33370253 9784262 23585991 120536 85248 132353 257036 424168 1019341 4675 1548 15000 21223 34410817 1698289 0.68540 0.67280 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER - 2019 AMOUNT: $ 4,675. 2020 AMOUNT: $ 1,548. 2021 AMOUNT: $ 15,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 273478 292260 311769 340522 1218029 1827044 18000 18000 18000 18000 72000 68307 73065 77942 85130 304444 456666 X X X X 0 7634762 1093438 417004 8311196 9279994 500 -1060264 585468 7634762 8196652 506950 1032099 455707 9279994 7712951 68841 692680 277820 8196652 7138131 79209 1019184 523573 7712951 0.41100 0.58900 1 0 670215 670215 8626645 3529677 5096968 1917161 1917161 316286 125077 191209 1686577 234524 1452053 9327606 BENEFICIAL INTEREST IN PERPETUAL TRUST 3010547 3010547 SALES TAX PAYABLE 2523 2523 X 6391185 1217079 338373 1555452 4835733 66178 -88841 -22663 4813070 3792195 88841 88841 3703354 66178 66178 3769532 PART III, LINE 1A: IN CONFORMITY WITH THE PRACTICE ADOPTED BY MANY MUSEUMS AND IN ACCORDANCE WITH THE PROVISIONS OF FASB ASC 958-605, THE MUSEUM DOES NOT CAPITALIZE DONATED WORKS OF ART AND COLLECTIONS OR RECOGNIZE THEM AS REVENUES OR GAINS. FASB ASC 958-605 PROVIDES THAT SUCH DONATIONS NEED NOT BE RECOGNIZED IF THEY ARE ADDED TO COLLECTIONS THAT ARE HELD FOR PUBLIC EXHIBITION, EDUCATION, OR PROTECTED UNENCUMBERED, CARED FOR, AND PRESERVED. THE MUSEUM HAS A POLICY THAT REQUIRES THE PROCEEDS FROM SALES OF COLLECTION ITEMS TO BE USED TO ACQUIRE OTHER ITEMS FOR ITS COLLECTION AND/OR THE DIRECT CARE AND PRESERVATION OF THE MUSEUM'S EXISTING COLLECTIONS. DIRECT CARE INCLUDES INVESTING IN THE EXISTING COLLECTION TO ENHANCE THE LIFE, USEFULNESS, OR QUALITY, AND THEREBY ENSURING THE COLLECTION WILL CONTINUE TO BENEFIT THE PUBLIC. THE COST OF ALL OBJECTS PURCHASED IS REPORTED AS SEPERATE PROGRAM EXPENSE. ALL SUCH ITEMS ON HAND ARE CURRENTLY INSURED FOR $20,000,000. PART III, LINE 4: THE MUSEUM'S COLLECTIONS ARE MADE UP OF ART, ARTIFACTS OF HISTORICAL SIGNIFICANCE AND ART OBJECTS THAT ARE HELD FOR EDUCATIONAL AND CURATORIAL PURPOSES, IN ACCORDANCE WITH THEIR EXEMPT PURPOSE. EACH OF THE ITEMS IS CATALOGUED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. PART V, LINE 4: THE INTENDED USES OF THE PERMANENT ENDOWMENTS ARE TO ENDOW THE POSITION OF DIRECTOR OF EDUCATION, THE CEO/EXECUTIVE DIRECTOR AND THE DIRECTOR OF DEVELOPMENT, DIRECT EXHIBITION EXPENSES AND FOR OTHER UNRESTRICTED MUSEUM USE. PART X, LINE 2: GAAP REQUIRES ENTITIES TO EVALUATE, MEASURE, RECOGNIZE AND DISCLOSE ANY UNCERTAIN TAX POSITIONS. GAAP PRESCRIBES A MINIMUN THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET IN ORDER TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. THE MUSEUM BELIEVES THAT IT HAD NO UNCERTAIN TAX POSITIONS AS DEFINED IN GAAP. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF PERPETUAL TRUST 338,373. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -88,841. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 88,841. X X X X X 0 0 0 0 0 0 0 0 0 WILLIAM VALERIO PHD EXECUTIVE DIRECTOR AND CEO 238193 0 0 0 0 0 0 0 13468 0 251661 0 0 0 X 230 230 SHARES OF VGT 0 1 0 PART I, LINE 32B: IN CONFORMITY WITH THE PRACTICE ADOPTED BY MANY MUSEUMS AND IN ACCORDANCE WITH THE PROVISIONS OF FASB ASC 958-605, THE MUSEUM DOES NOT CAPITALIZE DONATED WORKS OF ART AND COLLECTIONS OR RECOGNIZE THEM AS REVENUES OR GAINS. FASB ASC 958-605 PROVIDES THAT SUCH DONATIONS NEED NOT BE RECOGNIZED IF THEY ARE ADDED TO COLLECTIONS THAT ARE HELD FOR PUBLIC EXHIBITION, EDUCATION, OR PROTECTED UNENCUMBERED, CARED FOR, AND PRESERVED. THE MUSEUM HAS A POLICY THAT REQUIRES THE PROCEEDS FROM SALES OF COLLECTION ITEMS TO BE USED TO AQUIRE OTHER ITEMS FOR ITS COLLECTION AND/OR THE DIRECT CARE AND PRESERVATION OF THE MUSEUM'S EXISTING COLLECTIONS. DIRECT CARE INCLUDES INVESTING IN THE EXISTING COLLECTION TO ENHANCE THE LIFE, USEFULNESS, OR QUALITY, AND THEREBY ENSURING THE COLLECTION WILL CONTINUE TO BENEFIT THE PUBLIC. THE COST OF ALL OBJECTS PURCHASED IS REPORTED AS SEPERATE PROGRAM EXPENSE. ALL SUCH ITEMS ON HAND ARE CURRENTLY INSURED FOR $20,000,000. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE DRAFT IS SENT TO THE FULL BOARD FOR REVIEW AND COMMENT PRIOR TO FILING. AN OFFICER SIGNS THE RETURN AFTER CONSIDERING BOARD COMMENTS. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES AND TRUSTEES SIGN A CODE OF ETHICS THAT INCLUDES CONFLICT OF INTEREST POLICY. THE QUESTIONNAIRE IS COMPLETED ANNUALLY BY TRUSTEES AND REVIEWED BY THE STRATEGIC ADVANCEMENT COMMITTEE. IF AN ISSUE OR TRANSACTION INVOLVES A BOARD MEMBER WITH A CONFLICT, THAT BOARD MEMBER IS PROHIBITED IN THE GOVERNING BODY'S DELIBERATION AND DECISION WITH RESPECT TO THAT TRANSACTION OR ISSUE. FORM 990, PART VI, SECTION B, LINE 15 SURVEYS AND REVIEWS OF COMPENSATION ARE COLLECTED ANNUALLY. STAFF AND DIRECTOR COMPENSATION IS REVIEWED ANNUALLY. THE FINANCE COMMITTEE RECOMMENDS SALARIES AND THE BOARD MEMBERS APPROVE THEM. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF PERPETUAL TRUST 338,374. COLLECTION ITEMS PURCHASED -424,468.