2025-04-02T13:00:17-05:00 2024-05-31 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 900 ORLANDO FL 32801 990 2023-06-01 591226011 ASHLEY GIBSON BARNETT MUSEUM OF ART AT FLORIDA SOUTHERN COLLEGE INC ASHL 8636887743 800 EAST PALMETTO STREET LAKELAND FL 338015529 DR H ALEXANDER RICH EXECUTIVE DIRECTOR 8636887743 2025-04-01 1 1 TINA HENTON P00630282 4078021200 2025-03-26 2023 2025-03-06 01:10:19Z X DR H ALEXANDER RICH 800 EAST PALMETTO STREET LAKELAND FL 338015529 1676372 0 X WWW.AGBMUSEUM.ORG X 1966 FL ENHANCES THE LIVES OF OUR VARIED COMMUNITIES BY BRINGING PEOPLE AND ART TOGETHER. 12 10 37 150 5588 0 1158977 1080857 123804 148837 -281812 -186237 -44086 12795 956883 1056252 1250 2250 0 0 699383 787648 0 0 276009 1060118 1126714 1760751 1916612 -803868 -860360 5608591 5504185 897948 1061059 4710643 4443126 X AS AN ARTS LEADER IN FLORIDA, THE ASHLEY GIBSON BARNETT MUSEUM OF ART AT FLORIDA SOUTHERN COLLEGE INC (THE AGB) EDUCATES AND INSPIRES THE COMMUNITY THROUGH CREATIVE AND DIVERSE EXHIBITIONS AND THE ACQUISITION AND CARE OF A PERMANENT COLLECTION; CULTURAL ALLIANCES AND COMPELLING EVENTS AND PROGRAMS. 0 0 628556 THE PRIMARY PROGRAM IS TO PROVIDE A FACILITY FOR PUBLIC AND ACADEMIC APPRECIATION OF THE ARTS AND ART HISTORY AND TO IMPROVE THE QUALITY OF LIFE IN OUR COMMUNITY AND BEYOND THROUGH CULTURAL AND VISUAL ARTS PROGRAMMING. THE AGB IS PROUD TO BE ACCREDITED BY THE AMERICAN ALLIANCE OF MUSEUMS AND TO PARTNER WITH THE SMITHSONIAN INSTITUTION AS A SMITHSONIAN AFFILIATE MUSEUM AND WITH FLORIDA SOUTHERN COLLEGE AS ITS COLLEGE MUSEUM. AS AN ACADEMIC COMMUNITY MUSEUM, WE PROUDLY SERVE AND STRIVE TO ENGAGE LEARNERS OF ALL AGES. OUR COLLECTION FEATURING NEARLY 3,000 WORKS OF ART AND YEAR-ROUND EXHIBITION AND EDUCATIONAL PROGRAMMING BRING VISITORS FROM ACROSS THE GLOBE AND HAVE ESTABLISHED THE AGB AS A RESPECTED AND WELL-KNOWN RESOURCE AND SITE FOR EXCEPTIONAL ARTS EXPERIENCES. 261832 2250 148837 THROUGH OUR ROBUST EDUCATION PROGRAMMING WE STRIVE TO BRING PEOPLE AND ART TOGETHER WITH UNIQUE PROGRAMS THAT RANGE FROM VISUAL ARTS CLASSES AND ART LABORATORIES TO HANDS-ON TRAININGS WITH ARTISTS AND ART APPRECIATION LECTURES. WITH GRANT AND SPONSOR SUPPORT, WE ARE ABLE TO PROVIDE SPECIALIZED EDUCATIONAL PROGRAMS THROUGHOUT THE YEAR TO COMMUNITY MEMBERS OF ALL AGES AND INCOME BRACKETS AT LITTLE OR NO COST TO THEM. ON-SITE PROGRAMMING INCLUDES DOCENT-LED TOURS AND VISITS TO THE AGB FOR ALL 4TH-GRADE STUDENTS IN POLK COUNTY SCHOOLS; ART CLASSES FOR ALL AGES AND SKILL LEVELS; FALL, SPRING, AND SUMMER ART CAMPS FOR CHILDREN AGES 7 AND UP (SCHOLARSHIPS ARE AVAILABLE); POLK COUNTY STUDENT ART EXHIBITIONS AND AWARD RECEPTIONS FOR EXHIBITING STUDENTS OF ALL GRADE LEVELS; (CONTINUED ON SCHEDULE O)LECTURES, WORKSHOPS, PERFORMANCES, AND OTHER SPECIAL EVENTS RELATED TO OUR EXHIBITIONS; AND ACADEMIC ENRICHMENT FOR FLORIDA SOUTHERN COLLEGE STUDENTS ACROSS DISCIPLINES. 890388 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 13 0 1 37 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 12 10 0 0 1 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 0 0 FL X DR H ALEXANDER RICH 8636887743 800 EAST PALMETTO STREET LAKELAND FL 338015529 DR ANNE KERR VICE CHAIR 2.00 40.00 X X 0 499728 43214 V TERRY DENNIS ASSISTANT TREASURER 2.00 40.00 X X 0 340768 39389 LYNDA BUCK CHAIR 2.00 0.00 X X 0 0 0 PEGGY MCKEEL SECRETARY 2.00 0.00 X X 0 0 0 CHUCK FOSS ASSISTANT TREASURER 2.00 0.00 X X 0 0 0 ASHLEY GIBSON BARNETT TRUSTEE 2.00 0.00 X 0 0 0 SONJI CANEY TRUSTEE 2.00 0.00 X 0 0 0 JINX CHANEY TRUSTEE 2.00 0.00 X 0 0 0 DOROTHY JENKINS TRUSTEE 2.00 0.00 X 0 0 0 J WILLIAM MEEK III TRUSTEE 2.00 0.00 X 0 0 0 TWANA RICHARD TRUSTEE 2.00 0.00 X 0 0 0 PHILLIP WALKER TRUSTEE 2.00 0.00 X 0 0 0 KATHY POU TRUSTEE (THRU 11/23) 2.00 0.00 X 0 0 0 DR H ALEXANDER RICH EXECUTIVE DIRECTOR & CHIEF CURATOR 40.00 0.00 X 0 142147 18107 0 982643 100710 0 0 1 0 0 236765 223176 9907 315723 295286 1080857 SUMMER CAMPS 713990 81509 81509 CLASSES AND WORKSHOPS 713990 67328 67328 148837 67999 67999 6903 1315 5588 5588 5588 216322 470558 -254236 -254236 -254236 47000 223176 107655 -60655 -60655 99733 40592 59141 59141 MISCELLANEOUS INCOME 900099 8721 8721 8721 1056252 148837 5588 -179030 2250 2250 77457 77457 537149 335973 151176 50000 15940 15940 102247 102247 54855 54855 25370 25370 12853 12853 129000 46000 83000 136765 2335 250 134180 139558 37466 60970 41122 14421 13041 1187 193 297778 243889 46515 7374 3891 3891 195099 146325 41946 6828 55335 55335 ART PROGRAM COSTS 95553 56093 5398 34062 DUES AND MEMBERSHIPS 15884 3125 12759 5207 2957 2250 1916612 890388 750215 276009 103750 19120 221983 264311 187401 113227 64834 71413 770 1099 6322174 4087744 2429530 2234430 2555353 2756339 44970 44246 5608591 5504185 55333 45970 75905 57620 766710 957469 897948 1061059 X 3359131 3095532 1351512 1347594 4710643 4443126 5608591 5504185 -860360 592843 0 X 0 1 X 1 0 X 1094709 1059804 1185195 1158977 1080857 5579542 1094709 1059804 1185195 1158977 1080857 5579542 384947 5194595 146446 61611 75307 62803 74902 421069 8708 7617 14698 2419 8721 42163 6042774 875328 0.85960 0.85160 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2019 AMOUNT: $ 8,708. 2020 AMOUNT: $ 7,617. 2021 AMOUNT: $ 14,698. 2022 AMOUNT: $ 2,419. 2023 AMOUNT: $ 8,721. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 2667729 396764 183016 12542 2868935 2856375 3669 180000 12315 2667729 3720799 -162333 687000 15091 2856375 3118696 797399 180000 15296 3720799 3258113 67862 194337 12942 3118696 0.58173 0.41827 0 0 684399 684399 4478759 3191676 1287083 1159016 896068 262948 2234430 DUE TO RELATED PARTY 913223 RIGHT OF USE ASSET - OPERATING 44246 957469 X 1691960 592843 3026 52692 648561 1043399 12853 12853 1056252 1959477 3026 52692 55718 1903759 12853 12853 1916612 PART III, LINE 1A: COLLECTION ITEMS CONSIST OF ART OBJECTS THAT ARE HELD FOR EDUCATIONAL AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED, AND CARED FOR, AND KEPT UNENCUMBERED, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRUCTIONS IF PURCHASED WITH ASSETS WITHOUT DONOR RESTRUCTIONS AND AS DECREASES IN NET ASSETS WITH DONOR RESTRICTIONS IF PURCHASED WITH DONOR-RESTRICTED ASSETS. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED ON THE STATEMENT OF ACTIVITIES BASED ON THE ABSENCE OR EXISTENCE AND NATURE OF DONOR-IMPOSED RESTRICTIONS. IF COLLECTION ITEMS ARE SOLD, THE PROCEEDS FROM THE SALE ARE USED TO PURCHASE ADDITIONAL COLLECTION ITEMS. PART III, LINE 4: THE ORGANIZATION'S COLLECTION ADDRESSES THE GOAL TO ACQUIRE UNIQUE, AND CULTURALLY DIVERSE COLLECTIONS TO FURTHER ITS EXEMPT PURPOSE AS AN EDUCATIONAL INSTITUTION. PART V, LINE 4: IN SEPTEMBER 1986, THE MUSEUM ENTERED INTO A TRUST AGREEMENT WITH THE DIVISION OF CULTURAL AFFAIRS, STATE OF FLORIDA, DEPARTMENT OF STATE, WHEREBY THE STATE OF FLORIDA GRANTED $240,000 TO THE MUSEUM, TO BE MATCHED WITH $360,000 OF MUSEUM FUNDS, TO MAKE AN ENDOWMENT TOTALING $600,000. THE MUSEUM MAY EXPEND THE INVESTMENT PROCEEDS OF THE ENDOWMENT ONLY FOR OPERATING COSTS RELATED TO FINE ART ACTIVITY. THE TRUST AGREEMENT IMPOSES OPERATING AND FINANCIAL REPORTING REQUIREMENTS ON THE MUSEUM. THE GRANT WILL REVERT TO THE STATE OF FLORIDA IF THE MUSEUM CEASES TO OPERATE, IS NO LONGER A QUALIFIED SPONSORING ORGANIZATION, FILES FOR BANKRUPTCY, EXPENDS A PORTION OF THE ENDOWMENT PRINCIPAL, OR WILLFULLY VIOLATES PROVISIONS OF THE TRUST AGREEMENT. IN OCTOBER 2000, THE MUSEUM ENTERED INTO A TRUST AGREEMENT WITH THE DIVISION OF CULTURAL AFFAIRS, STATE OF FLORIDA, DEPARTMENT OF STATE, WHEREBY THE STATE OF FLORIDA GRANTED $240,000 TO THE MUSEUM, TO BE MATCHED WITH $360,000 OF MUSEUM FUNDS, TO MAKE AN ENDOWMENT TOTALING $600,000. THE MUSEUM MAY EXPEND THE INVESTMENT PROCEEDS OF THE ENDOWMENT ONLY FOR CULTURAL ACTIVITY OPERATING COSTS. THE TRUST AGREEMENT IMPOSES OPERATING AND FINANCIAL REPORTING REQUIREMENTS ON THE MUSEUM. THE GRANT WILL REVERT TO THE STATE OF FLORIDA IF THE MUSEUM CEASES TO OPERATE, IS NO LONGER A QUALIFIED SPONSORING ORGANIZATION, FILES FOR BANKRUPTCY, EXPENDS A PORTION OF THE ENDOWMENT PRINCIPAL, OR WILLFULLY VIOLATES PROVISIONS OF THE TRUST AGREEMENT. THE MUSEUM'S ENDOWED FOUNDATION CONSISTS PRIMARILY OF FUNDS ESTABLISHED BY THE BOARD OF TRUSTEES IN PRIOR YEARS THROUGH DONATIONS AND THE GROWTH OF THOSE FUNDS OVER THE YEARS. AS REQUIRED BY U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE ENDOWMENT COMMITTEE TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR IMPOSED RESTRICTIONS. AS NOTED ABOVE, THE TWO TRUST AGREEMENTS WITH THE DIVISION OF CULTURAL AFFAIRS, TOTALING $1,200,000, ARE CLASSIFIED AS NET ASSETS WITH DONOR RESTRICTIONS. INCOME, REALIZED AND UNREALIZED GAINS AND LOSSES AND CONTRIBUTIONS WITHOUT DONOR RESTRICTIONS HAVE BEEN CLASSIFIED AS NET ASSETS WITHOUT DONOR RESTRICTIONS DESIGNATED BY THE BOARD OF TRUSTEES FOR ENDOWMENT. PART X, LINE 2: THE MUSEUM IS EXEMPT FROM INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE INCOME TAXES HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE MUSEUM HAS ADOPTED THE STANDARD FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS. THE STANDARD PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE MUSEUMS TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE MUSEUM IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE MUSEUM IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE TAXES. PART XI, LINE 2D - OTHER ADJUSTMENTS: ADDITIONAL DIRECT FUNDRAISING EVENT COSTS 10,785. COSTS OF GOODS SOLD 40,592. RENTAL EXPENSE 1,315. PART XII, LINE 2D - OTHER ADJUSTMENTS: COSTS OF GOODS SOLD 40,592. ADDITIONAL DIRECT FUNDRAISING EVENT COSTS 10,785. RENTAL EXPENSE 1,315. MAYFAIRE 172395 157395 15000 17000 17748 4666 15119 10679 GALA 97781 65781 32000 6355 33290 525 2273 270176 223176 47000 17000 24103 37956 15644 12952 107655 -60655 X X 0 0 0 0 0 0 0 0 0 DR ANNE KERR VICE CHAIR 0 449375 0 0 0 50353 0 33000 0 10214 0 542942 0 0 V TERRY DENNIS ASSISTANT TREASURER 0 340768 0 0 0 0 0 33000 0 6389 0 380157 0 0 DR H ALEXANDER RICH EXECUTIVE DIRECTOR & CHIEF CURATOR 0 142147 0 0 0 0 0 14014 0 4093 0 160254 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE BOARD OF TRUSTEES ADOPTED REVISED ARTICLES OF INCORPORATION ON MAY 22, 2024 TO CHANGE THE NAME OF THE MUSEUM TO THE ASHLEY GIBSON BARNETT MUSEUM OF ART AT FLORIDA SOUTHERN COLLEGE. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE VOTING MEMBER OF THE MUSEUM IS FLORIDA SOUTHERN COLLEGE, A FLORIDA NOT FOR PROFIT CORPORATION. NON-VOTING MEMBERSHIP SHALL BE COMPRISED OF DONORS OF THE MUSEUM WHO PAY ANNUAL MEMBERSHIP DUES TO THE MUSEUM AT LEVELS SET BY THE BOARD OF TRUSTEES OF THE MUSEUM FROM TIME TO TIME. NON-VOTING MEMBERSHIP OF THE MUSEUM SHALL BE OPEN TO ANYONE EXPRESSING A DESIRE TO JOIN. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE VOTING MEMBER SHALL HAVE THE RIGHT TO APPOINT AND REMOVE THE TRUSTEES OF THE ORGANIZATION FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT 990 WITH COMPENSATION INFORMATION REDACTED IS MADE AVAILABLE TO THE MUSEUM'S BOARD OF TRUSTEES, CHAIRED BY THE BOARD PRESIDENT. THE TRUSTEES REVIEW THE 990 AND MEET SPECIFICALLY TO GO OVER THE FORM FOR ANY CHANGES THAT MIGHT BE NECESSARY. THE TRUSTEES THEN ENTERTAIN A MOTION AND VOTE TO FILE THE 990 AS PRESENTED. FORM 990, PART VI, SECTION B, LINE 12C DISCLOSURE SHOULD BE MADE AT ANY TIME DURING A TRUSTEE'S TENURE WHEN A SPECIFIC MATTER INVOLVING HIS OUTSIDE INTERESTS MIGHT CREATE SUBSTANTIAL CONFLICT OF INTEREST. THE TRUSTEE SHALL NEITHER PARTICIPATE IN DISCUSSIONS NOR SHALL VOTE OR PARTICIPATE IN BOARD ACTION ON THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S SALARY IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES AND THEIR DISCUSSIONS AND DELIBERATIONS ARE DOCUMENTED. THE GUIDELINES USED FOR DETERMINING THE EXECUTIVE DIRECTOR'S SALARY ARE FOUND IN THE AAMD (AMERICAN ASSOCIATION OF MUSEUM DIRECTORS) ANNUAL SALARY SURVEY. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE MADE AVAILABLE ON OUR WEBSITE AND UPON REQUEST. FLORIDA SOUTHERN COLLEGE 111 LAKE HOLLINGSWORTH DR LAKELAND FL 33801 590624401 EDUCATION FL 501(C)(3) LINE 2 N/A 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 FLORIDA SOUTHERN COLLEGE C 9907 COST FLORIDA SOUTHERN COLLEGE E 913223 COST