2024-05-21T10:15:28-04:00 2023-09-30 261453539 Parks & Company LLC 6810 Lyons Technology Cir 130 Coconut Creek FL 33073 990 2022-10-01 591767023 The Morikami Inc MORI 4000 Morikami Park Road Delray Beach FL 33446 Don Blackman Controller 5614950233 2024-05-20 true Don Blackman XXX-XX-XXXX Christian Parks CPA P00174919 9547197569 2024-05-21 0 00 AAL2 IAL1 2022 2023-04-26 12:10:37Z Randall T Baker 2808091 false X www.morikami.org X 1977 FL To support and enhance the operation of the Morikami Museum whose purpose is to preserve and provide education regarding japanese customs and culture. 4 4 33 131 0 8747 1864171 1612057 149790 199205 -850526 -474277 945736 976614 2109171 2313599 0 0 1277917 1398363 0 336326 1496518 1474578 2774435 2872941 -665264 -559342 8394072 8976474 610596 624082 7783476 8352392 To support and enhance the operation of the Morikami Museum whose purpose is to preserve and provide education regarding japanese customs and culture. false false 836771 Improvements to county-owned museum: Through an agreement with Palm Beach County, The Morikami, Inc. assists financially and operationally with the maintenence, upkeep, and improvements to the 32,000 sq ft museum facility. 605657 Educational and cultural programs regarding japanese culture are offered to different groups and include school field trips and classroom programs. 494492 Sales of japanese household items to educate the public in furtherance of the museums exempt purpose. 1936920 true true false false false false false true false true true false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 29 0 true 33 true true true false false false false true true false false false false false false X 4 4 false false false false false false false true true false false true true true true true true true true false FL X X Donald Blackman 5614950233 4000 Morikami Park Road Delray Beach FL 33446 X Donald Blackman Controller 40.00 0.00 X 87808 0 0 Bonnie W Lemay Director 10.00 0.00 X 0 0 0 Robin May Vice President 1.00 0.00 X 0 0 0 Rosie P Burkman Second Vice President 1.00 0.00 X 0 0 0 Randall T Baker President 1.00 0.00 X 0 0 0 Christine Carton SecretaryTreasurer 1.00 0.00 X 0 0 0 87808 0 0 0 false false false 629475 334560 648022 1612057 Educational Programs 611710 199205 199205 199205 179643 179643 232346 232346 232346 232346 -653920 -653920 -653920 -653920 1238760 494492 744268 744268 2313599 701542 0 0 1398363 1023875 248503 125985 70497 54615 15406 476 103956 38093 65863 128196 69347 35873 22976 41007 11493 2074 27440 11357 4865 6492 113332 113332 81457 37808 9448 34201 Professional Fees 503758 321255 138860 43643 Garden Maintenence 183864 183864 Rental Expenses 34137 20020 14117 Artistic Fees 93740 93740 109277 77945 15590 15742 2872941 1936920 599695 336326 738315 612059 117001 142858 14458 1143 71097 81415 94390 79607 2105872 764300 1295694 1341572 6003788 6652353 59329 65467 8394072 8976474 152517 117891 268242 353094 189837 153097 610596 624082 X 4246002 4912955 3537474 3439437 7783476 8352392 8394072 8976474 X -559342 1128261 -3 X false true X true false X 2855173 2481310 1587162 1907136 2765547 11596328 2855173 2481310 1587162 1907136 2765547 11596328 211757 11384571 359145 295930 -618419 179837 179643 396136 19475 12605 21098 22198 22329 97705 12090169 0.94160 0.93380 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 6003788 712090 63525 6652353 7110492 -1045552 61152 6003788 6555153 898402 343063 7110492 6502974 378858 326679 6555153 6585962 248794 331782 6502974 false false 2105872 764300 1341572 1341572 Benificial interest in assets held 65467 65467 Facilty Rental and Advance Deposit 153097 153097 X 3936352 1128261 494492 1622753 2313599 2313599 3367433 494492 494492 2872941 2872941 Not reporting collections (Part III, line 1a) In conformity with the practice followed by many museums, donated artifacts, which the museum displays at various locations throughout Palm Beach County, are not included in the museums statement of financial position. The cost of artifacts purchased is reported as curatorial and conservation expense while the proceeds from sales of artifacts are reported as curatorial andconservation revenue. Collections descriptions (Part III, line 4) The collections include japanese exhibits, presentations and gardens which serve as a bridge of appreciation and understanding between Japan and all other cultures represented by visitors andoutreach participants of all ages. Endowment funds intended uses (Part V, line 4) The endowment fund provides funding for the Morikami museum programs and services. Other revenues not included on Form 990 (Part XI, line 2d) Museum store - Cost of goods sold Other expenses not included on Form 990 (Part XII, line 2d) Museum store - Cost of goods sold Footnote for uncertain tax position under FIN 48 (Part X) The Museum adopted FASB Accounting Standards Codification (ASC) 740-10 during 2009 which clarifies the accounting and recognition for income tax positions taken or expected to be taken in the Museums income tax returns. The Museums income tax filings subject to audit by various taxing authorities are the 2019 - 2021 tax years. The adoption of ASC 740-10 had no impact on the Museums financial statements. Form 990 governing body review Part VI line 11 The form 990 is reviewed by the controller as well as the president and treasurer before it is filed with the IRS. The review involves discussing specific items with the auditors and may involve revisions by the auditors. Conflict of interest policy compliance Part VI line 12c The board of directors are covered under The Morikami, Incs conflict of interest policy. Anyone covered by the policy signs a disclosure which certifies that the individual does not have an interest or affiliation that could give rise to a conflict. If the individual does have a conflict, it is disclosed on the annual statement. CEO executive director top management comp Part VI line 15a The Morikami, Inc board or a designated committee reviews any proposed compensation increases for officers, management and staff. Other officer or key employee compensation Part VI line 15b The Morikami, Inc board or a designated committee reviews any proposed compensation increases for officers, management and staff. Governing documents etc available to public Part VI line 19 All Governing documents, financial statements and tax filings are available upon request. Explanation of other changes in net assets or fund balances Part XI line 9 Unrealized gain on investments