2024-11-05T09:54:40-06:00 2023-12-31 570381582 ELLIOTT DAVIS LLCPLLC 500 EAST MOREHEAD STREET SUITE 700 CHARLOTTE NC 28202 990 2023-01-01 203398254 INTERNATIONAL AFRICAN AMERICAN MUSEUM INTE 8438725352 PO BOX 22761 CHARLESTON SC 29413 GRADY L CROSBY CHAIRPERSON 8438725352 2024-11-01 1 1 JANICE A RATICA P00358837 7043338881 2024-11-01 2023 2024-10-15 13:58:12Z GRADY L CROSBY PO BOX 22761 CHARLESTON SC 29413 10535862 0 X WWW.IAAMUSEUM.ORG X 2007 SC HONOR THE UNTOLD STORIES OF THE AFRICAN AMERICAN JOURNEY AT ONE OF OUR COUNTRY'S MOST SACRED SITES 33 33 122 105 0 0 11783906 8272799 0 1632605 137703 291633 0 -2791375 11921609 7405662 0 0 0 0 2224108 4108656 2568766 615316 2708520 14328006 9335357 19120880 14059329 -7199271 -6653667 63921905 73552670 2293471 18597407 61628434 54955263 X THE INTERNATIONAL AFRICAN AMERICAN MUSEUM TELLS THE UNVARNISHED STORIES OF THE AFRICAN AMERICAN EXPERIENCE ACROSS GENERATIONS, THE TRAUMA AND TRIUMPH THAT GAVE RISE TO A RESILIENT PEOPLE. 0 0 2185729 6666 THE LEARNING AND ENGAGEMENT ACTIVITIES OF THE MUSEUM ENCOMPASS CURATORIAL AND EXHIBITION MANAGEMENT, PUBLIC EDUCATION AND PROGRAMS MANAGEMENT, AND SCHOOL GROUP MANAGEMENT. THIS DIVISION ALSO OVERSEES THE MANAGEMENT OF GENEALOGY SERVICES, PROVIDING PUBLIC ACCESS TO GENEALOGY TRAINING, EDUCATION, AND DATABASES, AS WELL AS HISTORICAL RECORDS. THE DIVISION IS RESPONSIBLE FOR DELIVERING INTERPRETIVE AND EDUCATIONAL INITIATIVES ALIGNED WITH THE MUSEUM'S MISSION THROUGH GALLERY AND DIGITAL EXHIBITIONS, VIRTUAL AND IN-PERSON PROGRAMS, AND PUBLIC ENGAGEMENT ACTIVITIES. STEWARDSHIP OF THE MUSEUM'S COLLECTION, WHICH INCLUDES OVER 700 ART PIECES, OBJECTS, AND ARTIFACTS SPANNING FROM THE 17TH CENTURY TO THE 21ST CENTURY, FALLS UNDER THIS DIVISION. THE COLLECTION, FEATURING SIGNIFICANT WORKS FROM AFRICAN AMERICAN COMMUNITIES AND THE AFRICAN DIASPORA, WITH A FOCUS ON WEST AFRICAN AND CARIBBEAN COMMUNITIES, IS INTEGRAL TO THE MUSEUM'S MISSION AND EDUCATIONAL PROGRAMS. BY MANAGING AND ACTIVATING THESE COLLECTIONS, THE LEARNING AND ENGAGEMENT DIVISION ENHANCES THE MUSEUM'S ROLE AS AN EDUCATIONAL AND CULTURAL RESOURCE, FOSTERING A DEEPER UNDERSTANDING AND APPRECIATION OF AFRICAN AMERICAN HISTORY AND CULTURE. 318845 1625939 MUSEUM OPERATIONS MANAGES REVENUE-GENERATING DEPARTMENTS, INCLUDING THE CAF, RETAIL, AND EVENT RENTALS, CONTRIBUTING TO THE MUSEUM'S FINANCIAL STABILITY. THIS DIVISION ALSO OVERSEES VISITOR SERVICES, WHICH MANAGES THE VISITOR EXPERIENCE INCLUSIVE OF TICKET SALES. ADDITIONALLY, MUSEUM OPERATIONS IS RESPONSIBLE FOR IT MANAGEMENT, ENSURING THE TECHNOLOGICAL INFRASTRUCTURE SUPPORTS ALL MUSEUM ACTIVITIES. 1234231 THE FACILITY OPERATIONS ACTIVITIES OF THE MUSEUM MANAGE FACILITIES, GARDENS, SECURITY, AND TECHNOLOGY INFRASTRUCTURE. THIS DIVISION ENSURES THE MAINTENANCE AND FUNCTIONALITY OF MUSEUM PROPERTIES, IMPLEMENTS SECURITY MEASURES (INCLUDING PERSONNEL AND SECURITY TECHNOLOGY), AND OVERSEES CAPITAL PROJECTS FOR FACILITY IMPROVEMENTS AND MAINTENANCE. 3738805 1 1 0 0 0 0 0 1 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 65 0 1 122 1 0 0 0 0 0 0 0 0 0 0 0 0 X 33 33 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X DIANNE FIRMENT CFO 8438725352 PO BOX 22761 CHARLESTON SC 29413 PEG A BREEN DIRECTOR 1.00 X 0 0 0 KENT MATLOCK DIRECTOR 1.00 X 0 0 0 LEONARD MCKELVEY DIRECTOR 1.00 X 0 0 0 MICHAEL P GIANONI DIRECTOR 1.00 X 0 0 0 EMORY CAMPBELL DIRECTOR 1.00 X 0 0 0 MINOR MICKEL SHAW DIRECTOR 1.00 X 0 0 0 REV KYLON J MIDDLETON DIRECTOR 1.00 X 0 0 0 REV DR ISAAC J HOLT DIRECTOR 1.00 X 0 0 0 RICHARD D ELLIOTT DIRECTOR 1.00 X 0 0 0 ROBERT E BRANAN DIRECTOR 1.00 1.00 X 0 0 0 ROSS A APPEL DIRECTOR 1.00 X 0 0 0 VERNITA BROWN DIRECTOR 1.00 X 0 0 0 JAMES HAIRSTON DIRECTOR 1.00 X 0 0 0 HEATHER ANDREA WILLIAMS PHD DIRECTOR 1.00 X 0 0 0 WILLIAM BARNET III DIRECTOR 1.00 X 0 0 0 ANNA GLASS DIRECTOR 1.00 X 0 0 0 BISHOP CLAUDE ALEXANDER DIRECTOR 1.00 X 0 0 0 CAROLYN MURRAY DIRECTOR 1.00 X 0 0 0 BERNARD E POWERS JR PHD DIRECTOR 1.00 X 0 0 0 KATHERINE ROBINSON DIRECTOR 1.00 X 0 0 0 HENRY E DARBY DIRECTOR 1.00 X 0 0 0 RITA SCOTT DIRECTOR 1.00 X 0 0 0 GEORGE LOENING DIRECTOR 1.00 X 0 0 0 GRADY L CROSBY DIRECTOR 1.00 X 0 0 0 HALLE TECCO DIRECTOR 1.00 X 0 0 0 DR TAMARA BUTLER DIRECTOR 1.00 X 0 0 0 HENRY B SMYTHE ESQ DIRECTOR 1.00 X 0 0 0 MAYOR JOHN TECKLENBURG DIRECTOR 1.00 X 0 0 0 JOSEPH P RILEY JR LIFETIME DIRECTOR 10.00 1.00 X 0 0 0 WILBUR E JOHNSON ESQ CHAIRPERSON 10.00 X X 0 0 0 KEITH WARING VICE CHAIR 3.00 X X 0 0 0 ERWIN MADDREY II TREASURER 3.00 X X 0 0 0 MELISSA L LINDLER SECRETARY 3.00 X X 0 0 0 TONYA MATTHEWS CHIEF EXECUTIVE OFFICER 40.00 1.00 X 223504 0 12055 DIANNE FIRMENT CHIEF FINANCIAL OFFICER 40.00 1.00 X 165488 0 10505 JOHN ANDERSON CHIEF OPERATING OFFICER 40.00 1.00 X 159809 0 15392 MALIKA PRYOR CHIEF LEARNING AND ENGAGEMENT OFFICER 40.00 1.00 X 136387 0 15956 VIRGINIA DEERIN MAJOR GIFTS OFFICER 40.00 1.00 X 153811 0 9435 838999 0 63343 5 0 1 0 BERLIN ROSEN LTD 15 MAIDEN LANE SUITE 1600 NEW YORK NY 10038 MARKETING CONSULTING 226832 CHAPMAN CUBINE AND HUSSEY INC 2000 NORTH 15TH STREET SUITE 550 ARLINGTON VA 22201 MARKETING CONSULTING 190174 VISIBLE LIFE LLC 5116 NEWHALL STREET PHILADELPHIA PA 19144 CURATORIAL CONSULTING 172402 E BOINEAU AND COMPANY 374 COMMONWEALTH RD MOUNT PLEASANT SC 29466 PUBLIC RELATIONS CONSULTING 130903 4 230191 468578 4319241 3254789 8000 8272799 ADMISSIONS REVENUE 900099 1216026 1216026 GIFT SHOP SALES 900099 409913 409913 EDUCATION & PUBLIC PROGRAMS 900099 6666 6666 1632605 292124 292124 63834 0 63834 63834 63834 491 -491 -491 -491 274500 468578 3129709 -2855209 -2855209 7405662 1696439 0 -2563576 X 3496552 1374566 1417172 704814 40294 12858 21131 6305 306143 97692 160547 47904 265667 84776 139321 41570 47884 47884 78104 78104 615316 615316 3332770 1574476 1226005 532289 248447 9770 238677 593075 20005 430520 142550 252626 15156 209316 28154 2874898 6970 2816052 51876 74267 16865 55099 2303 7939 7939 SPECIAL EVENT EXPENSE 606184 35602 565496 5086 COLLECTIONS ACQUISITONS 449818 273649 176169 FUNDRAISING COSTS 227785 227785 PROGRAM EXPENSE 221878 221878 319682 4312 251479 63891 14059329 3738805 7612004 2708520 10555901 8182900 2404671 4261039 6634621 4542408 11970480 11970480 41995 49602 767175 90433 57386 25040 31647 32346 0 100086 2480473 0 29034942 44323376 63921905 73552670 2168471 906957 125000 1792560 0 15897890 2293471 18597407 X 47035796 46329808 14592638 8625455 61628434 54955263 63921905 73552670 X -6653667 -19504 X X 0 1 X 1 0 X 18434758 5612324 29515116 11983906 8272799 73818903 36000 36000 72000 18470758 5648324 29515116 11983906 8272799 73890903 1577647 72313256 260393 105013 136188 136744 355958 994296 74885199 1632605 0.96570 0.75220 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 78104 1 78104 78104 0 PART I - A, LINE 1 LOBBYING FEES TO SEEK AN APPROPRIATION FROM THE SC GENERAL ASSEMBLY FROM THE STATE PORTION OF THE AMERICAN RECOVERY ACT. X X X 0 57386 25040 32346 32346 DUE FROM ISO 29572436 RIGHT OF USE ASSET 14750940 44323376 LEASE LIABILITY 15897890 15897890 X 10515867 -19504 -19504 10535371 -3129709 -3129709 7405662 17189038 3129709 3129709 14059329 0 14059329 PART III, LINE 1A: THE MUSEUM FOLLOWS THE FINANCIAL ACCOUNTING STANDARDS BOARD FASB ASC 958-310-50, COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATIONS ARE NOT CAPITALIZED. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTION IF PURCHASED WITH FUNDS WITHOUT DONOR RESTRICTION AND AS DECREASES IN NET ASSETS WITH DONOR RESTRICTIONS IF PURCHASED WITH FUNDS WITH DONOR RESTRICTIONS. NONCASH CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECORDED ON THE STATEMENT OF ACTIVITIES. A COLLECTION INVENTORY IS MAINTAINED WHICH LISTS A DESCRIPTION OF THE ITEM, SOURCE, AND STORAGE LOCATION. IF AN ITEM IN THE COLLECTION IS SOLD, PROCEEDS WILL DIRECTLY BENEFIT THE COLLECTIONS ON HAND FOR DIRECT CARE OR FOR THE ACQUISITION OF NEW COLLECTION ITEMS. THE COLLECTION CONTAINS HISTORICALLY SIGNIFICANT ITEMS WHICH ARE CONSIDERED PRICELESS. THEY ARE HELD FOR PUBLIC EXHIBITION, EDUCATION OR RESEARCH AND ARE PROTECTED, CARED FOR AND PRESERVED. PART X, LINE 2: THE MUSEUM AND ISO ARE EXEMPT FROM FEDERAL INCOME TAX UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ACCORDANCE WITH IRC REGULATIONS, THE MUSEUM IS TAXED ON UNRELATED BUSINESS INCOME, WHICH CONSISTS OF EARNINGS FROM ACTIVITIES NOT RELATED TO THE EXEMPT PURPOSE OF THE MUSEUM. IN ADDITION, THE MUSEUM AND ISO QUALIFY FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A). THE MUSEUM AND ISO HAVE BEEN CLASSIFIED AS ORGANIZATIONS THAT ARE NOT PRIVATE FOUNDATIONS UNDER SECTION 509(A)(1) AND SECTION 509(A)(3), RESPECTIVELY. MANAGEMENT HAS EVALUATED THE TAX POSITIONS OF THE MUSEUM AND DOES NOT BELIEVE THAT ANY UNCERTAIN TAX POSITIONS OR UNRECOGNIZED TAX BENEFITS EXIST FOR THE YEAR ENDED DECEMBER 31, 2023. THE MUSEUM'S POLICY IS TO REPORT ACCRUED INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS, WHEN APPLICABLE, AS INTEREST EXPENSE AND TO REPORT PENALTIES AS OTHER EXPENSE. THE MUSEUM IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIOD IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN DISCOUNT OF CONTRIBUTIONS RECEIVABLE -19,504. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSE -3,129,709. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSE 3,129,709. X X 1 CHAPMAN CUBINE AND HUSSEY INC PO BOX 22761 CHARLESTON SC 29413 DIGITIAL AND PRINT MEMBERSHIP CAMPAIGN 0 145384 190174 -44790 145384 190174 -44790 GRAND OPENING 743078 468578 274500 190057 249595 2690057 743078 468578 274500 190057 249595 2690057 3129709 -2855209 X X X 0 0 0 0 0 0 0 0 0 TONYA MATTHEWS CHIEF EXECUTIVE OFFICER 223504 0 0 0 0 0 6810 0 5245 0 235559 0 0 0 DIANNE FIRMENT CHIEF FINANCIAL OFFICER 165488 0 0 0 0 0 5260 0 5245 0 175993 0 0 0 JOHN ANDERSON CHIEF OPERATING OFFICER 159809 0 0 0 0 0 5379 0 10013 0 175201 0 0 0 VIRGINIA DEERIN MAJOR GIFTS OFFICER 153811 0 0 0 0 0 4190 0 5245 0 163246 0 0 0 MALIKA PRYOR CHIEF LEARNING AND ENGAGEMENT OFFICE 136387 0 0 0 0 0 0 0 15956 0 152343 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS REVIEWED BY THE BOARD OF THE INTERNATIONAL AFRICAN AMERICAN MUSEUM. ANY CHANGES WILL BE MADE BEFORE FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD REVIEWS AND ACKNOWLEDGES THE CONFLICTS OF INTEREST POLICY ON AN ANNUAL BASIS. IN THE EVENT A POTENTIAL CONFLICT ARISES DURING THE YEAR, THE INTERESTED PERSON SHALL RECUSE HIMSELF/HERSELF FROM ALL DISCUSSIONS AND VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE IAAM CEO COMPENSATION WAS DETERMINED THROUGH THE EXECUTIVE COMMITTEE'S SURVEY AND REVIEW OF THE SALARIES OF CEOS OF RELATIVELY COMPARABLE INSTITUTIONS IN THE LOCAL AREA. THE EXECUTIVE COMMITTEE TOOK INTO ACCOUNT THE RELATIVE DUTIES OF THE CEOS, CONSIDERING SUCH MATTERS AS FUNDRAISING RESPONSIBILITY, MANAGEMENT SUPPORT FOR THE CEOS, STAFF CURRENTLY UNDER MANAGEMENT, PROJECTED STAFF UNDER MANAGEMENT AND UNIQUE CHALLENGES (E.G. RESPONSIBILITY FOR OVERSIGHT OF BUILDING DESIGN AND CONSTRUCTION, AND PROGRAMMING RESPONSIBILITY FOR PARTNERSHIP WITH THE CITY STAFF PUBLIC ENGAGEMENT). THE COMPENSATION DETERMINATION PROCESS FOR OTHER OFFICERS AND KEY EMPLOYEES IS ALSO EVALUATED BY THE EXECUTIVE COMMITTEE AFTER A REVIEW OF COMPARABLE DATA AND THE POSITION'S ROLE AND RESPONSIBILITIES. ALL COMPENSATION DECISIONS ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE INTERNATIONAL AFRICAN AMERICAN MUSEUM HONORS THE REQUIREMENTS OF THE LAW GOVERNING REQUEST FOR SUCH DOCUMENTS FROM THE PUBLIC AND FEDERAL AND STATE AGENCIES. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 1,574,476. MANAGEMENT AND GENERAL EXPENSES 1,226,005. FUNDRAISING EXPENSES 532,289. TOTAL EXPENSES 3,332,770. FORM 990, PART XI, LINE 9: CHANGE IN DISCOUNT OF CONTRIBUTIONS RECEIVABLE -19,504. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED. IAAM SUPPORTING ORGANIZATION 10 WHARF STREET CHARLESTON SC 29401 844264813 SUPPORTING ORGANIZATION SC 501(C)(3) LINE 12A, I INTERNATIONAL AFRICAN AMERICAN MUSEUM 0 0 0 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 IAAM SUPPORT ORGANIZATION D 29572436 CASH IAAM SUPPORT ORGANIZATION K 207476 CASH IAAM SUPPORT ORGANIZATION P 529598 CASH IAAM SUPPORT ORGANIZATION O IAAM SUPPORT ORGANIZATION N