2025-11-17T21:07:37-06:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 100 RIVERVIEW DRIVE SAVANNAH GA 31404 990 2024-01-01 580610074 TELFAIR MUSEUM OF ART INC TELF 9127908874 PO BOX 10081 SAVANNAH GA 31412 DAVID BRENNEMAN EXECUTIVE DIRECTOR/CEO 9127908874 2025-11-17 1 1 ANNA DAVIS P00662840 9122348243 2025-11-17 2024 2025-03-06 01:10:19Z TELFAIR MUSEUMS DAVID BRENNEMAN PO BOX 10081 SAVANNAH GA 31412 26140552 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. 31 31 92 100 0 0 4298066 3010888 2480829 2524053 1295879 4393895 -350795 -86877 7723979 9841959 0 0 0 0 3664397 3761131 0 0 904164 4952253 5462005 8616650 9223136 -892671 618823 61599787 62369455 1083783 1120180 60516004 61249275 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 2763366 1239281 EXHIBITIONS - IN 2024, TELFAIR MUSEUMS PRESENTED 29 EXHIBITIONS, 26 OF WHICH WERE ORGANIZED BY TELFAIR STAFF. HIGHLIGHTS INCLUDE FRANK STEWART'S NEXUS, THE FIRST MUSEUM EXHIBITION OF PHOTOGRAPHER FRANK STEWART'S WORK; A MEASURE OF TIME: ANILA QUAYYUM AGHA, A PRESENTATION OF SCULPTURES AND MIXED MEDIA WORKS ON PAPER WITH A CROSS-CULTURAL REACH AND GLOBAL SCOPE; AND NORMAN ROCKWELL & PEERS: ILLUSTRATING CHILDHOOD, A CHRONICLE OF SOCIETAL TRANSFORMATIONS AND CHALLENGES THROUGH THE LENS OF ILLUSTRATION FOR MASS-PRODUCED PUBLICATIONS. 1118506 103274 EDUCATION PROGRAMS - 7,135 PRE-K THROUGH COLLEGE STUDENTS PARTICIPATED IN IN-PERSON FIELD TRIPS TO TELFAIR MUSEUMS IN 2024. THESE INCLUDED THE MUSEUM'S IN-PERSON TOURS OF THE EXHIBITION NORMAN ROCKWELL & PEERS: ILLUSTRATING CHILDHOOD FOR 3,800 4TH GRADE STUDENTS OF SAVANNAH-CHATHAM COUNTY PUBLIC SCHOOLS AND AN ADDITIONAL PROGRAM FOR 600 PRE-K STUDENTS FROM LOCAL PUBLIC SCHOOLS AND HEAD START. 3,900 INDIVIDUALS OF ALL AGES AND ABILITIES PARTICIPATED IN OUTREACH VIA 188 CLASSES FOR SENIORS AT LOCAL SENIOR CENTER, YOUTH AT COMMUNITY CENTERS, AND INDIVIDUALS AT HEALTH AND SOCIAL SERVICES PARTNER LOCATIONS THROUGHOUT THE COMMUNITY. 800 PARTICIPANTS PARTICIPATED IN 61 ADULT AND 22 YOUTH STUDIO ART CLASSES AND SUMMER CAMPS. 13 FREE LECTURES ORGANIZED BY THE MUSEUM WERE ATTENDED BY OVER 800 PEOPLE. 6 FREE FAMILY DAYS OFFERED ON SATURDAYS OR SUNDAYS WERE ATTENDED BY A TOTAL OF 6,839 VISITORS OF ALL AGES IN 2024. 7 EDUCATION EXHIBITIONS WERE HELD IN THE MUSEUM'S COMMUNITY GALLERY, INCLUDING AN ANNUAL EXHIBITION OF WORK BY VETERANS AND PARTICIPANTS FROM LOCAL HEALTH AND SOCIAL SERVICE ORGANIZATIONS. THE LATTER EXHIBITION ALSO INCLUDED ART PRODUCED IN OUTREACH WORKSHOPS FOR INCARCERATED INDIVIDUALS. DROP-IN STUDIO ART-MAKING ACTIVITIES OFFERED EACH SATURDAY WERE ATTENDED BY MORE THAN 2,300 PARTICIPANTS OF ALL AGES. 2619047 1239281 COLLECTIONS - CURRENTLY, THE TELFAIR HOLDS OVER 7,000 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 2024, TELFAIR ACQUIRED 14 WORKS FOR THE COLLECTION. THESE ACQUISITIONS INCLUDE PAINTINGS, SCULPTURES, WORKS ON PAPER, PHOTOGRAPHS, MIXED MEDIA, AND DECORATIVE ART OBJECTS. THESE WORKS HAVE HELPED TO AUGMENT AND DIVERSIFY TELFAIR MUSEUMS' PERMANENT COLLECTION. 6500919 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 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 42 0 1 92 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 31 31 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 GA X X THE ORGANIZATION 9127908874 TELFAIR MUSEUM OF ART INC PO BOX SAVANNAH GA 31412 DAVID BRENNEMAN CEO/EXECUTIVE DIRECTOR 50.00 X X 105400 0 11409 BENJAMIN SIMONS CEO/EXECUTIVE DIRECTOR - FORMER 50.00 X X 156433 0 1940 JOSEPH RUDDER CFO/COO 50.00 X X 186446 0 6374 SUSAN WILLETTS CO-TREASURER & CHAIR-ELECT 10.00 X X 0 0 0 ALAN SHERIFF CO-TREASURER 10.00 X X 0 0 0 REBECCA G OGDEN SECRETARY 10.00 X X 0 0 0 JOHN J NEELY III LEGAL COUNSEL 10.00 X X 0 0 0 JOSH KELLER CHAIRMAN 10.00 X X 0 0 0 KENDALL M MCCURRY VICE-CHAIR 10.00 X X 0 0 0 TOM REILLY VICE-CHAIR 10.00 X X 0 0 0 VINCENT WEST VICE-CHAIR 10.00 X X 0 0 0 SWANN SEILER IMMEDIATE PAST CHAIR 10.00 X X 0 0 0 KERRY BREITBART TRUSTEE 3.00 X 0 0 0 JOHN E CAY IV TRUSTEE 3.00 X 0 0 0 DOLLY R CHISHOLM ESQ TRUSTEE 3.00 X 0 0 0 LEDA CHONG TRUSTEE 3.00 X 0 0 0 MEREDITH R DULANY TRUSTEE 3.00 X 0 0 0 RONALD GANTT TRUSTEE 3.00 X 0 0 0 CHARLES A HINNANT TRUSTEE 3.00 X 0 0 0 DAVID C JOHNSON JR TRUSTEE 3.00 X 0 0 0 CATHERINE V JOHNSTON TRUSTEE 3.00 X 0 0 0 LORI JUDGE TRUSTEE 3.00 X 0 0 0 RICHARD C KESSLER TRUSTEE 3.00 X 0 0 0 DIANE VS LEVY TRUSTEE 3.00 X 0 0 0 PAMELA LEWANDA TRUSTEE 3.00 X 0 0 0 LESLIE B LITTLEJOHN TRUSTEE 3.00 X 0 0 0 QUENTIN L MARLIN TRUSTEE 3.00 X 0 0 0 ROGER MOSS JR TRUSTEE 3.00 X 0 0 0 NANCY REARDON-SAYER TRUSTEE 3.00 X 0 0 0 CB RICHARDSON III TRUSTEE 3.00 X 0 0 0 KIMBERLY SMITH TRUSTEE 3.00 X 0 0 0 COURTLAND STEVENS TRUSTEE 3.00 X 0 0 0 MARTI B SULLIVAN TRUSTEE 3.00 X 0 0 0 STEPHEN D TAYLOR TRUSTEE 3.00 X 0 0 0 KIMBERLY BALLARD-WASHINGTON TRUSTEE 3.00 X 0 0 0 MATTHEW A WEST TRUSTEE 3.00 X 0 0 0 448279 0 19723 3 0 1 0 0 217283 799217 101768 1892620 86098 3010888 MUSEUM ADMISSIONS 713990 2438911 2438911 EDUCATION PROGRAM REVENUE 611710 85142 85142 2524053 606111 606111 117450 1483 115967 115967 115967 19137090 15349306 3787784 3787784 3787784 72284 799217 602966 -530682 -530682 400938 344838 56100 56100 INSURANCE PROCEEDS 900099 270055 270055 MISCELLANEOUS 900099 1683 1683 271738 9841959 2581836 0 4249235 455971 231832 112070 112069 2753404 2301734 265139 186531 318434 230282 49474 38678 233322 184195 27318 21809 16845 16845 64630 64630 207309 207309 592656 444662 65021 82973 267676 193204 28406 46066 231674 114900 63956 52818 197674 98836 49419 49419 1026658 770585 102429 153644 16568 4141 6628 5799 13825 3456 5530 4839 867045 736988 86705 43352 429290 334687 37841 56762 LOSS ON ASSET DISPOSAL 629333 629333 CURATORIAL EXPENSES 568341 566662 1679 EDUCATION 205544 205544 CREDIT CARD PROCESSING 126937 79211 47726 9223136 6500919 1818053 904164 511175 695089 1337473 1200226 79017 73945 81274 114428 478535 958677 40524477 15750103 24134631 24774374 25384472 24020241 8037384 9110633 1555826 1421842 61599787 62369455 677914 631489 405869 488691 1083783 1120180 X 37209682 36850735 23306322 24398540 60516004 61249275 61599787 62369455 X 618823 192973 -78525 X 0 1 X 1 0 X 6347445 2066228 5958601 4298066 3010888 21681228 6347445 2066228 5958601 4298066 3010888 21681228 2190109 19491119 524591 791100 577138 687884 606111 3186824 24868052 9716147 0.78380 0.79640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 33676000 183000 4488000 4989000 33358000 31854000 185000 4450000 2813000 33676000 34988000 1152000 -2800000 1486000 31854000 31321657 125884 5904070 2363611 34988000 30102170 3337695 2118208 31321657 0.37620 0.43010 0.19370 1 0 1254866 1254866 33847830 11443892 22403938 5377867 4306211 1071656 43914 43914 24774374 LIMITED PARTNERSHIPS 9110633 F 9110633 X 9961389 192973 192973 9768416 207309 -133766 73543 9841959 9228118 212291 212291 9015827 207309 207309 9223136 PART III, LINE 1A: TERMS FOR NOT REPORTING ASSETS PER SFAS 116 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 DONATED HISTORIC LANDMARK HOMES, FURNISHINGS, PAINTINGS AND FINE AND DECORATIVE ART OBJECTS. ALL ITEMS IN THE COLLECTIONS ARE DEEMED INEXHAUSTIBLE ASSETS. THE BOARD ADHERES TO THE ASSOCIATION OF ART MUSEUM DIRECTORS (AAMD) GUIDELINES AND POLICIES ON DEACCESSION AND INTERNAL COLLECTIONS MANAGEMENT. UNEXPENDED PROCEEDS FROM DEACCESSIONS ARE REFLECTED IN BOARD-DESIGNATED NET ASSETS UNTIL SUCH TIME AS PROCEEDS ARE SPENT ON NEW ACQUISITIONS. PART III, LINE 4: COLLECTIONS AND RELATION TO EXEMPT PURPOSE: THE COLLECTIONS INCLUDE TWO HISTORICAL HOMES, FURNISHINGS, PAINTINGS, AND FINE AND DECORATIVE ART OBJECTS. PART V, LINE 4: INTENDED USES FOR ENDOWMENT FUNDS: 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: 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 BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS CONCLUDED THAT AS OF DECEMBER 31, 2024, 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 2021. PART XI, LINE 4B - OTHER ADJUSTMENTS: COGS ON LINE 10B INCLUDED IN PAYROLL EXPENSE IN AUDITED FS -133,766. PART XII, LINE 2D - OTHER ADJUSTMENTS: COGS ON LINE 10B INCLUDED IN PAYROLL EXPENSE IN AUDITED FS 133,766. COLLECTION ITEMS PURCHASED AND NOT CAPITALIZED 78,525. TELFAIR BALL 842317 794717 47600 232065 122423 11500 108961 PALETTE TO PALATE 20720 2500 18220 2726 18320 1500 1181 1 5075 2000 3075 1281 8322 8542 868112 799217 68895 236072 149065 13000 118684 516821 -447926 X 0 1 X X X 0 0 0 0 0 0 0 0 0 JOSEPH RUDDER CFO/COO 186446 0 0 0 0 0 0 0 6374 0 192820 0 0 0 BENJAMIN SIMONS CEO/EXECUTIVE DIRECTOR - FORMER 156433 0 0 0 0 0 0 0 1940 0 158373 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 IT HAS BEEN 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 AMOUNT TO PRESENT TO THE BOARD OF TRUSTEES. THE BOARD APPROVES THE AMOUNT DETERMINED BY THE EXECUTIVE COMMITTEE. X 43 0 FASB ASC 958 X 9 86098 FAIR MARKET VALUE 0 1 0 PART I, LINE 33: A ZERO AMOUNT WAS REPORTED ON SCHEDULE M PART 1 LINE 1, BECAUSE THE MUSEUM DOES NOT CAPITALIZE ITS COLLECTIONS, AS ALLOWED UNDER FASB ASC 958 (FORMERLY SFAS 116). FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990: THE CFO COMPARES THE FORM 990 TO PRIOR YEARS AS WELL AS THE AUDITED FINANCIAL STATEMENTS BEFORE SIGNING AND FILING THE RETURN. IT IS THEN PRESENTED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES AT THE NEXT AVAILABLE MEETING. FORM 990, PART VI, SECTION B, LINE 12C ENFORCEMENT OF CONFLICTS POLICY: IN ACCORDANCE WITH THE RESOLUTION AND CONFLICT OF INTEREST POLICY ADOPTED BY THE BOARD OF TRUSTEES OF TELFAIR MUSEUM OF ART, INC., ON JUNE 23, 2008, 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 15 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 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 -78,525.