2024-12-11T09:17:47+00:00 2024-06-30 440160260 Forvis Mazars LLP 500 Ridgefield Court Asheville NC 28806 990 2023-07-01 561748648 MUSEUM OF THE NEW SOUTH INC MUSE 7043331887 PO Box 30125 Charlotte NC 28230 Richard Cooper President & CEO 7043331887 2024-12-11 true true Amy Bibby P00445891 8282542254 2024-12-11 2023 2024-10-15 13:58:12Z LEVINE MUSEUM OF THE NEW SOUTH Richard Cooper PO Box 30125 Charlotte NC 28230 1503315 false X WWW.MUSEUMOFTHENEWSOUTH.ORG X 1991 NC Levine Museum's mission is to connect the past to the future to realize the promises of a New South through exhibits that explore complex chapters in the region's history and programs that launch dialogue, foster empathy, and build an equitable community. 25 25 23 33 5238 3157 1586944 1057923 16320 8467 45401 352435 72245 4116 1720910 1422941 0 0 0 0 1612052 1726624 0 0 270382 1435044 1186884 3047096 2913508 -1326186 -1490567 18718004 18371606 118317 84642 18599687 18286964 Levine Museum's mission is to connect the past to the future to realize the promises of a New South through exhibits that explore complex chapters in the region's history and programs that launch dialogue, foster empathy, and build an equitable community. false false 2054519 8467 FOR 30 YEARS, LEVINE MUSEUM OF THE NEW SOUTH HAS EXPLORED THE REGION'S HISTORY THROUGH EXHIBITS, EDUCATIONAL PROGRAMS, AND DIALOGUES THAT PROVIDE CONTEXT AROUND CONTEMPORARY ISSUES, TACKLE IMPORTANT QUESTIONS, AND ENCOURAGE NECESSARY COMMUNITY DIALOGUE. LEVINE MUSEUM IS A CIVIC AND EDUCATIONAL INSTITUTION LOCATED IN CENTER CITY CHARLOTTE OFFERING DIGITAL EXPERIENCES, ON-SITE EXHIBITS, AND PROGRAMMING FOR ADULTS, FAMILIES, CHILDREN, AND SCHOOL AUDIENCES. THE MUSEUM HAS EARNED A LOCAL, NATIONAL, AND INTERNATIONAL REPUTATION FOR CREATING INNOVATIVE AND GROUND-BREAKING EXHIBITS AND PROGRAMS THAT USE HISTORY TO BUILD COMMUNITY. LEVINE MUSEUM REALIZED THE FOLLOWING ACCOMPLISHMENTS IN FISCAL YEAR 2024: -Hosted the traveling exhibition States of Incarceration, which explores the roots of mass incarceration across the country. -Designed and installed a new long-term exhibition: Charlotte: Moving Forward, Looking Back. Aimed to educate natives and visitors alike, it is a foundational narrative of Charlotte history that answers questions about how we got here and where we are headed. -Recorded eight oral histories with Grier Heights community members and continued to place the co-created traveling exhibition, Grier Heights: Community is Family in Charlotte spaces. -Hosted 35 public programs and events in 29 locations across the region. -Launched Author Talks program series, featuring Pulitzer-prize winning author Jonathan Eig. -Began program series Community Conversations, which creates space for intentional roundtable conversations amongst attendees and panelists about various themes of interest to local communities. -Created Our New South, an award-winning podcast with a national audience that explores how Southern cities, including Charlotte, are confronting complex issues like equity in education and immigration. -Published two web-based projects: 50 Places in Charlotte, which uncovers the significance of and stories behind 50 sites across the city; and NC History Case Studies, student and teacher-focused educational inquiries and materials that connect United States and North Carolina history. -Hosted professional development workshops to serve more than 400 area teachers. -Named Dr. Richard Cooper president and CEO after a nationwide search to fill the spot of retiring leader Kathryn Hill. -Engaged with a local public relations firm to broaden audience and reach. -Added two positions in development and marketing. 2054519 true true false false false false true false true true false false false true true true false false false false false false false true false false false false true false false false false false false false false false false false false false false false false false true 41 0 true 23 true true true false false false false true true false false false false false false X 25 25 false false false false false false false true true false false true true true true true true true true false X X LISA HORLDT 7043331887 200 EAST 7TH STREET Charlotte NC 28202 Glen Wright Vice Chair 2.0 X X 0 0 0 Jimmy Kmetz Treasurer 2.0 X X 0 0 0 Kevin Malcolm Secretary 2.0 X X 0 0 0 Ty Niess Board Chair 2.0 X X 0 0 0 Brian Siegel Director 2.0 X 0 0 0 Byron White Director 2.0 X 0 0 0 CG Newsome Director 2.0 X 0 0 0 Claye Stokes Director 2.0 X 0 0 0 Cynthia Wallace Director 2.0 X 0 0 0 David Jacobs Director 2.0 X 0 0 0 Denise Coleman Director 2.0 X 0 0 0 Gris Bailey Director 2.0 X 0 0 0 Hunter Priester Director 2.0 X 0 0 0 Jamie Bigsby Director 2.0 X 0 0 0 Jason Lloyd Director 2.0 X 0 0 0 Joni Emry Director 2.0 X 0 0 0 Judy August Director 2.0 X 0 0 0 Kate Maynard Director 2.0 X 0 0 0 Kelly Alexander Director 2.0 X 0 0 0 Lucia Zapata Griffith Director 2.0 X 0 0 0 Michael Smith Director 2.0 X 0 0 0 Rhondale Haywood Director 2.0 X 0 0 0 Ryan Rich Director 2.0 X 0 0 0 Scott Poole Director 2.0 X 0 0 0 Sharon Carr Harrington Director 2.0 X 0 0 0 John Russick Interim CEO 40.0 X 154040 0 897 Richard Cooper President & CEO 40.0 X 102993 0 4579 Frances Abbott Chief Content Strategist 40.0 X 109392 0 10965 Lisa Horldt Chief Financial Officer 40.0 X 107738 0 10370 474163 0 26811 4 false true false 0 91012 966911 1057923 Admissions and Sales 713990 8467 8467 0 0 0 0 8467 352435 352435 0 0 0 0 67391 72498 -5107 -5107 13114 7876 5238 5238 Miscellaneous Revenue 900099 3985 3985 0 0 0 0 3985 1422941 8467 5238 351313 262510 131255 105005 26251 1247925 857419 246600 143906 26114 17093 6079 2942 86864 56858 20220 9786 103211 67558 24026 11627 24350 24350 20624 20624 163081 70863 53958 38260 56077 56077 362095 277170 76294 8631 47474 37384 9065 1025 20573 15748 4335 490 6990 4234 1599 1157 26857 16267 6144 4446 57926 57926 7607 5823 1603 181 Exhibits and Programs 348946 348946 Miscellaneous 44254 33875 9324 1055 Unrelated Business Income 30 23 6 1 0 0 0 0 2913508 2054519 588608 270382 671260 84929 9370892 8109627 5000 0 55967 26757 0 0 13147 14425 946760 185409 123598 761351 8464698 9358077 0 0 13442 16440 18718004 18371606 113746 82066 0 4571 2576 118317 84642 X 18368110 18274964 231577 12000 18599687 18286964 18718004 18371606 -1490567 1177844 0 X false true X true false X 1406514 1833986 1064465 1586944 1057923 6949832 0 0 1406514 1833986 1064465 1586944 1057923 6949832 1272656 5677176 133714 13231 9557 45401 352435 554338 7734 2640 0 3955 14329 0 0 0 2821 3985 6806 7525305 0 0.7544 0.7889 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - MISCELLANEOUS REVENUE, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - 2821.0, COLUMN E - 3985.0, COLUMN F - 6806.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X false 8464698 38617 1177844 302458 20624 9358077 8287899 585700 390314 18587 8464698 9555749 395300 -1318999 327736 16415 8287899 7865175 206455 2044925 538718 22088 9555749 7846910 397600 66355 425416 20274 7865175 1.0 0.0 0.0 false false 26969 5281 21688 819392 160466 658926 100399 19662 80737 761351 Lease Liability 2576 2576 X 2673283 1177844 72498 1250342 1422941 0 0 1422941 2986006 72498 72498 2913508 0 0 2913508 Schedule D, Part III, Line 1a Collections of art - financial statement footnote THE MUSEUM'S COLLECTION CONSISTS MAINLY OF ARTIFACTS RELATING TO THE CHARLOTTE AND PIEDMONT REGION OF THE CAROLINAS. IN ACCORDANCE WITH THE PRACTICE FOLLOWED BY MANY MUSEUMS, OBJECTS PURCHASED AND DONATED FOR PUBLIC EXHIBITION ARE NOT INCLUDED IN THE STATEMENT OF FINANCIAL POSITION. THIS IS PRIMARILY BECAUSE OF THE LACK OF RECORDS COVERING THE COST OR FAIR MARKET VALUE OF OBJECTS AND THE DIFFICULTY OF DETERMINING THE VALUE OF SUCH A COLLECTION. EACH ITEM IN THE COLLECTION IS CATALOGED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE COLLECTIONS ARE SUBJECT TO A POLICY THAT REQUIRES PROCEEDS FROM THEIR SALES TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. Schedule D, Part III, Line 4 Collections of art - description of collections THE MUSEUM'S COLLECTION CONSISTS MAINLY OF ARTIFACTS RELATING TO THE CHARLOTTE AND PIEDMONT REGION OF THE CAROLINAS. Schedule D, Part V, Line 4 Intended uses of endowment funds FUNDS RAISED FOR THE QUASI-ENDOWMENT ARE INTENDED FOR THE PRINCIPAL PURPOSE OF PROVIDING OPERATING CASH FLOW FOR THE MUSEUM FROM INCOME AND CAPITAL APPRECIATION GENERATED BY THE INVESTED FUNDS. BECAUSE OF THE NATURE OF THE QUASI-ENDOWMENT, UNDER EXTRAORDINARY CIRCUMSTANCES THE MUSEUM HAS THE AUTHORTY (WITH APPROVAL FROM THE BOARD OF DIRECTORS) TO USE ITS CORPUS FOR OPERATING NEEDS. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Museum is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and is not a private foundation; accordingly, the accompanying financial statements do not reflect a provision or liability for federal and state income taxes. The Museum has determined that it does not have any material unrecognized tax benefits or obligations as of June 30, 2024 and 2023. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 FUNDRAISING EXPENSES - 72498 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 FUNDRAISING EXPENSES - 72498 Catalyst 67391 67391 72498 0 0 67391 67391 72498 72498 -5107 X X false false false false false false false false false John Russick Interim CEO 154040 0 0 0 0 0 0 0 897 0 154937 0 0 0 Form 990, Part VI, Line 18 PHOTOCOPIES OF THE FORM 1023 AND RECENT FILINGS OF THE FORM 990 AND 990-T ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S ADMINISTRATIVE OFFICE. IN ADDITION, THE MOST RECENT FILING OF THE FORM 990 IS AVAILABLE ONLINE AT WWW.MUSEUMOFTHENEWSOUTH.ORG/GIVING/ AND WWW.GUIDESTAR.ORG. Form 990, Part VI, Line 11b Review of form 990 by governing body The auditor will present the completed Form 990 to the Museum's Audit Committee at a duly-noticed meeting of that committee. Representatives of the auditor will attend that meeting to discuss the Form 990. After the Audit Committee approves the Form 990, the Controller will circulate the Form 990 to all Board Members by email on behalf of Audit Committee chair and/or the Board chair. This email will provide Board Members with an explanation of the Audit Committee's review of the Form 990 and will invite Board Members to contact the Audit Committee co-chairs or the board chair with any questions or comments about the Form 990. Thereafter, the Museum will file the Form 990. Form 990, Part VI, Line 12c Conflict of interest policy EACH MEMBER OF THE BOARD OF DIRECTORS IS REQUIRED ANNUALLY TO REVIEW THE CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. DURING THE FISCAL YEAR 2016, PRIOR TO THE ANNUAL AUDIT, THE CHAIRMAN OF THE BOARD OF DIRECTORS REVIEWED FORMS SUBMITTED BY MEMBERS OF THE BOARD TO DETERMINE IF ANY POTENTIAL CONFLICTS EXISTED, AND DETERMINED THAT FOR THE YEAR NO CONFLICTS EXISTED. IN THE POSSIBLE EVENT OF A CONFLICT OF INTEREST, THE CHAIRMAN WOULD REFER THE SITUATION TO THE EXECUTIVE COMMITTEE OF THE BOARD FOR REMEDIAL ACTION. Form 990, Part VI, Line 15a Process to establish compensation of top management official The board chair reviewed publicly-available information on CEO compensation from comparable cultural non-profit organizations in the Charlotte metropolitan area and determined that the museum's CEO total compensation was well within the norms for this comparison group. The museum does not consider any other employee of the museum to be a "key employee". The museum does periodically compare all staff salaries to comparable positions in the Charlotte market and to other museums in the southeastern US. Form 990, Part VI, Line 15b Process to establish compensation of other employees The board chair reviewed publicly-available information on CEO compensation from comparable cultural non-profit organizations in the Charlotte metropolitan area and determined that the museum's CEO total compensation was well within the norms for this comparison group. The museum does not consider any other employee of the museum to be a "key employee". The museum does periodically compare all staff salaries to comparable positions in the Charlotte market and to other museums in the southeastern US. Form 990, Part VI, Line 19 Required documents available to the public PHOTOCOPIES OF THE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S ADMINISTRATIVE OFFICE. Form 990, Part XII, Line 2c THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.