2024-04-22T14:42:28-05:00 2022-06-30 871353108 EISNER ADVISORY GROUP LLC 130 NORTH 18TH STREET SUITE 3000 PHILADELPHIA PA 19103 990 2021-07-01 590454318 THE SOCIETY OF THE FOUR ARTS INC SOCI 5616557227 100 FOUR ARTS PLAZA PALM BEACH FL 33480 DR PHILIP RYLANDS PRESIDENT 5616557227 2024-04-12 1 DR PHILIP RYLANDS 999009999 HELEN M MARTIN P01330899 2158818800 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z X DR PHILIP RYLANDS 100 FOUR ARTS PLAZA PALM BEACH FL 33480 41286532 0 X WWW.FOURARTS.ORG X 1936 FL TO ENCOURAGE AND CULTIVATE A TASTE FOR MUSIC, LITERATURE, DANCE AND OTHER ARTS. TO MOUNT OPERATIC OR DRAMATIC PRESENTATIONS, CONCERTS, LECTURES, EXHIBITS OF THE VISUAL ARTS, AND OTHER ENTERTAINMENTS. TO BRING INTO COMMUNICATION WITH EACH OTHER ALL THOSE WHO DESIRE TO ELEVATE THE STANDARD OF THE ARTS, AND TO PROMOTE AND CREATE THE ENJOYMENT OF THE ARTS. 135 134 63 5 0 0 17103206 11858692 258460 1236120 7096876 4048877 138849 145046 24597391 17288735 0 0 0 0 4070145 4118865 0 0 1717400 6676480 7945822 10746625 12064687 13850766 5224048 121173909 110356718 15312240 10119470 105861669 100237248 X SEE PART I, LINE 1. 0 0 3127836 502195 ARTISTIC PROGRAMMING CONSISTS OF ART EXHIBITIONS, CONCERTS, FILMS, HD SCREENINGS FROM THE METROPOLITAN OPERA AND OTHER ARTS ORGANIZATIONS, AND LECTURES. EACH YEAR THE SOCIETY OF THE FOUR ARTS PRESENTS A FULL SEASON OF NOTABLE PROGRAMS IN EACH OF ITS FOUR DESIGNATED MISSION AREAS: MUSIC, DRAMA, LITERATURE, AND THE VISUAL ARTS (PAINTING, SCULPTURE, AND ARCHITECTURE). CONCERTS, USUALLY PRESENTED ON WEDNESDAY EVENINGS AND SUNDAY AFTERNOONS, ATTRACT ENTHUSIASTIC AUDIENCES TO PROGRAMS BY THE WORLD'S LEADING MUSICIANS IN DIVERSE PERFORMANCES OF CLASSICAL, JAZZ, BLUEGRASS, AND MORE. RECENT ART EXHIBITIONS IN THE SOCIETY'S ESTHER B. O'KEEFFE GALLERY INCLUDED A BEAUTIFUL MESS: WEAVERS & KNOTTERS OF VANGUARD; AN EYE ON MICHELANGELO AND BERNINI: PHOTOGRAPHS BY AURELIO AMENDOLA; AND IN A NEW LIGHT: AMERICAN IMPRESSIONISM 1870-1940, WORKS FROM THE BANK OF AMERICA COLLECTION. ART FILMS AND MEMORABLE HOLLYWOOD MOVIES ARE SHOWN ON FRIDAY AFTERNOON AND EVENINGS; EACH SEASON'S FULL SCHEDULE OF LIVE HD BROADCASTS IS OFFERED ON SATURDAYS AND SUNDAYS. MANY EXHIBITIONS AND CONCERTS ARE ACCOMPANIED BY LECTURES AND GALLERY TALKS, AND THE SOCIETY'S MULTI-ACRE GARDENS - BOTANICAL DISPLAY GARDENS AND A TWO-ACRE SCULPTURE GARDEN - ARE OPEN TO THE PUBLIC YEAR-ROUND, FREE OF CHARGE. ATTENDANCE 26,125 AND 109 EVENTS. 1740718 BECAUSE THE TOWN OF PALM BEACH HAS NO PUBLIC LIBRARIES, THE SOCIETY'S TWO LIBRARIES - THE KING LIBRARY FOR ADULTS AND A SEPARATE, SUPERBLY EQUIPPED CHILDREN'S LIBRARY, SERVE, IN EFFECT, AS THE TOWN'S "OFFICIAL" LIBRARIES. BOTH ARE OPEN TO THE PUBLIC AT NO CHARGE (ADULTS PAY A SMALL FEE FOR BORROWING PRIVILEGES); BOTH PRESENT A FULL SEASON'S SCHEDULE OF EVENTS: STORY HOURS FOR CHILDREN, PLUS CELEBRATIONS OF SPECIAL EVENTS LIKE NATIONAL FIRE PREVENTION WEEK WHEN PALM BEACH'S FIRE TRUCKS AND FIREFIGHTERS VISIT THE CHILDREN'S LIBRARY, AUTHOR VISITS, BOOK SIGNINGS, POETRY READINGS, LECTURES, BOOK DISCUSSIONS, AND OTHER EVENTS FOR ADULTS. ATTENDANCE 18,516 AND 210 EVENTS. 1694582 733925 EDUCATION (CAMPUS ON THE LAKE) PROGRAMMING CONSISTS OF FIELD TRIPS, LECTURES, MASTER CLASSES, SEMINARS, AND WORKSHOPS DEDICATED TO THE LIVING ARTS. THESE PROGRAMS AND EVENTS ARE PRESENTED IN THE NEW FOUR ARTS CAMPUS ON THE LAKE EDUCATION BUILDING. THE PRESENTATIONS RANGE WIDELY IN SUBJECT MATTER: ONGOING CLASSES ON CLASSICAL MUSIC, OPERA, LITERATURE, ART, WATERCOLOR PAINTING, SCULPTURE, COOKING, AND FLOWER ARRANGING; ONE-TIME LECTURES ON A WIDE VARIETY OF SUBJECTS. DESIGNED TO ATTRACT A BROAD AUDIENCE, THE CAMPUS ON THE LAKE HAS WON WIDE PRAISE FOR THE VARIETY AND DEPTH OF ITS PROGRAMS. ATTENDANCE 13,055 AND 158 EVENTS. 810301 20946 THE FOUR ARTS GARDENS WERE FOUNDED IN THE 1930'S, WHEN MANY VISITORS AND NEW RESIDENTS WERE UNFAMILIAR WITH THE SUBTROPICAL FLORA OF SOUTH FLORIDA. THE GARDENS WERE DESIGNED TO DEMONSTRATE THE VARITIES OF HORTICULTURE POSSIBLE IN THE REGION. THE HORTICULTURAL DISPLAY GARDENS FEATURE NINE SEPARATE SECTIONS RANGING FROM A CHINESE-STYLE WALLED GARDEN TO A FORMAL COLONIAL GARDEN TO A SPANISH GARDEN AGAINST A MEDITERRANEAN-REVIVAL FACADE AND SHOWCASING AN ANTIQUE SPANISH WELL. THE GARDENS ARE MAINTAINED BY THE GARDEN CLUB OF PALM BEACH.IMMEDIATELY ADJACENT, THE TWO-ACRE PHILIP HULITAR SCULPTURE GARDEN, WHICH DISPLAYS AN ENCYCLOPEDIC COLLECTION OF AMERICAN AND INTERNATIONAL SCULPTURE AND FUNCTIONS AS A PUBLIC PARK FOR PALM BEACH, IA A FURTHER SHOWCASE FOR SUBTROPICAL HORTICULTURE. THE GARDENS ARE OPEN TO THE PUBLIC YEAR-ROUND, FREE OF CHARGE. ATTENDANCE 52,678. 810301 20946 7373437 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 1 84 0 1 63 1 0 0 0 0 0 0 0 0 0 0 0 0 X 135 134 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X X GLORIA REX 5616557227 100 FOUR ARTS PLAZA PALM BEACH FL 33480 MR ROBERT L FORBES VICE CHAIRMAN 3.00 X X 0 0 0 MR WILLIAM S GUBELMANN SECRETARY 3.00 X X 0 0 0 DR RANDOLPH H GUTHRIE CHAIRMAN 5.00 X X 0 0 0 MR PATRICK HENRY VICE CHAIRMAN 3.00 X X 0 0 0 MRS JOHN D KOCH TREASURER/VICE CHAIRMAN 3.00 X X 0 0 0 MR GILBERT C MAURER VICE CHAIRMAN 3.00 X X 0 0 0 MRS MARY M MORSE ASSISTANT TREASURER/VICE C 3.00 X X 0 0 0 MR MICHAEL AINSLIE TRUSTEE 1.00 X 0 0 0 MRS MICHAEL AINSLIE TRUSTEE 1.00 X 0 0 0 MR FRANCIS A ARGENBRIGHT JR TRUSTEE 1.00 X 0 0 0 MRS FRANCIS A ARGENBRIGHT JR TRUSTEE 1.00 X 0 0 0 MR JOHN T AVELLINO TRUSTEE 1.00 X 0 0 0 MRS JOHN T AVELLINO TRUSTEE 1.00 X 0 0 0 MRS WALTER F BALLINGER TRUSTEE 1.00 X 0 0 0 MRS MERRILYN BARDES TRUSTEE 1.00 X 0 0 0 DR DIANA BARRETT TRUSTEE 1.00 X 0 0 0 MR LAWRENCE BEYER TRUSTEE 1.00 X 0 0 0 MRS LAWRENCE BEYER TRUSTEE 1.00 X 0 0 0 MRS ELLEN HASSENFELD BLOCK TRUSTEE 1.00 X 0 0 0 AMBASSADOR WL LYONS BROWN TRUSTEE 1.00 X 0 0 0 MRS ALICE CARY BROWN TRUSTEE 1.00 X 0 0 0 MR DOUGLAS BUCK TRUSTEE 1.00 X 0 0 0 MR GEORGE A COHON TRUSTEE 1.00 X 0 0 0 MRS GEORGE A COHON TRUSTEE 1.00 X 0 0 0 MR DENIS P COLEMAN JR TRUSTEE 1.00 X 0 0 0 MRS DENIS P COLEMAN JR TRUSTEE 1.00 X 0 0 0 MR MARVIN H DAVIDSON TRUSTEE 1.00 X 0 0 0 MRS MARY MCDONNELL DAVIDSON TRUSTEE 1.00 X 0 0 0 MRS F ASHTON DE PEYSTER III TRUSTEE 1.00 X 0 0 0 MRS J SIMPSON DEAN JR TRUSTEE 1.00 X 0 0 0 MR JOHN R DONNELL TRUSTEE 1.00 X 0 0 0 MR ROBERT G DONNELLEY TRUSTEE 1.00 X 0 0 0 MRS ROBERT G DONNELLEY TRUSTEE 1.00 X 0 0 0 MRS EDITH B EGLIN TRUSTEE 1.00 X 0 0 0 AMBASSADOR EDWARD E ELSON TRUSTEE 1.00 X 0 0 0 MRS EDWARD E ELSON TRUSTEE 1.00 X 0 0 0 MR ALEXANDER P FEDERBUSH TRUSTEE 1.00 X 0 0 0 MRS MARJORIE FEDERBUSH TRUSTEE 1.00 X 0 0 0 MR JOSEPH P FLANAGAN TRUSTEE 1.00 X 0 0 0 MRS ROBERT L FORBES TRUSTEE 1.00 X 0 0 0 MR STANLEY N GAINES TRUSTEE 1.00 X 0 0 0 MRS STANLEY N GAINES TRUSTEE 1.00 X 0 0 0 MR PETER N GEISLER TRUSTEE 1.00 X 0 0 0 MRS PETER N GEISLER TRUSTEE 1.00 X 0 0 0 MR PETER N GEISLER JR TRUSTEE 1.00 X 0 0 0 MRS PETER N GEISLER JR TRUSTEE 1.00 X 0 0 0 MRS JODY S GILL TRUSTEE 1.00 X 0 0 0 MR THOMAS D GILL JR TRUSTEE 1.00 X 0 0 0 MRS ROBERT M GRACE TRUSTEE 1.00 X 0 0 0 MR MARTIN D GRUSS TRUSTEE 1.00 X 0 0 0 MRS MARTIN D GRUSS TRUSTEE 1.00 X 0 0 0 MRS WILLIAM S GUBELMANN TRUSTEE 1.00 X 0 0 0 MRS RANDOLPH H GUTHRIE TRUSTEE 1.00 X 0 0 0 MRS EDWARD A HANSEN TRUSTEE 1.00 X 0 0 0 MR THOMAS E HASSEN TRUSTEE 1.00 X 0 0 0 MRS THOMAS E HASSEN TRUSTEE 1.00 X 0 0 0 MRS PATRICK HENRY TRUSTEE 1.00 X 0 0 0 MS HEATHER HENRY TRUSTEE 1.00 X 0 0 0 MRS SAMUEL HEYMAN TRUSTEE 1.00 X 0 0 0 MRS BIRGITT HILTON TRUSTEE 1.00 X 0 0 0 MR BARRY HOYT TRUSTEE 1.00 X 0 0 0 MRS BARRY HOYT TRUSTEE 1.00 X 0 0 0 MRS PAGE LEE HUFTY TRUSTEE 1.00 X 0 0 0 MR SAM HUNT TRUSTEE 1.00 X 0 0 0 MRS SAM HUNT TRUSTEE 1.00 X 0 0 0 MR WILLIAM E JAMES TRUSTEE 1.00 X 0 0 0 MRS WILLIAM E JAMES TRUSTEE 1.00 X 0 0 0 MR JASON TAUBMAN KALISMAN TRUSTEE 1.00 X 0 0 0 MRS JOSEPHINE KALISMAN TRUSTEE 1.00 X 0 0 0 MR JOHN D KOCH TRUSTEE 1.00 X 0 0 0 MR LEONARD A LAUDER TRUSTEE 1.00 X 0 0 0 MRS LEONARD A LAUDER TRUSTEE 1.00 X 0 0 0 AMBASSADOR HOWARD H LEACH TRUSTEE 1.00 X 0 0 0 MRS HOWARD H LEACH TRUSTEE 1.00 X 0 0 0 MR JOSEPH W LUTER III TRUSTEE 1.00 X 0 0 0 MRS JOSEPH W LUTER III TRUSTEE 1.00 X 0 0 0 MR J PETER LYONS TRUSTEE 1.00 X 0 0 0 MRS J PETER LYONS TRUSTEE 1.00 X 0 0 0 MR LANCE D MAHANEY TRUSTEE 1.00 X 0 0 0 MRS LANCE D MAHANEY TRUSTEE 1.00 X 0 0 0 MRS MITRA MUJICA- MARGOLIS TRUSTEE 1.00 X 0 0 0 MR GRANT E MASHEK TRUSTEE 1.00 X 0 0 0 MRS GRANT E MASHEK TRUSTEE 1.00 X 0 0 0 MR GEORGE G MATTHEWS TRUSTEE 1.00 X 0 0 0 MRS GEORGE G MATTHEWS TRUSTEE 1.00 X 0 0 0 MR WILLIAM M MATTHEWS TRUSTEE 1.00 X 0 0 0 MRS WILLIAM M MATTHEWS TRUSTEE 1.00 X 0 0 0 MRS TALBOTT MAXEY TRUSTEE 1.00 X 0 0 0 MR JOHN J MCATEE JR TRUSTEE 1.00 X 0 0 0 MRS JOHN J MCATEE JR TRUSTEE 1.00 X 0 0 0 AMBASSADOR BONNIE MCELVEEN-HUNTER TRUSTEE 1.00 X 0 0 0 MR HENRY P MCINTOSH IV TRUSTEE 1.00 X 0 0 0 MR LEVERETT S MILLER TRUSTEE 1.00 X 0 0 0 MR AMBROSE K MONELL TRUSTEE 1.00 X 0 0 0 MRS AMBROSE K MONELL TRUSTEE 1.00 X 0 0 0 MR DUDLEY L MOORE JR TRUSTEE 1.00 X 0 0 0 MRS DUDLEY L MOORE JR TRUSTEE 1.00 X 0 0 0 MR DAVID H MORRISH TRUSTEE 1.00 X 0 0 0 MRS DAVID H MORRISH TRUSTEE 1.00 X 0 0 0 MR ROBERT NEDERLANDER TRUSTEE 1.00 X 0 0 0 MRS JOHN A NYHEIM TRUSTEE 1.00 X 0 0 0 MISS CLARE O'KEEFFE TRUSTEE 1.00 X 0 0 0 MR DAVID G OBER TRUSTEE 1.00 X 0 0 0 MRS WILLIAM G PANNILL TRUSTEE 1.00 X 0 0 0 MRS FRANK C PAO TRUSTEE 1.00 X 0 0 0 DR NICHOLAS PAPANICOLAOU TRUSTEE 1.00 X 0 0 0 MRS NICHOLAS PAPANICOLAOU TRUSTEE 1.00 X 0 0 0 MR GARY L PATSLEY TRUSTEE 1.00 X 0 0 0 MRS GARY L PATSLEY TRUSTEE 1.00 X 0 0 0 MRS JOHN J POHANKA TRUSTEE 1.00 X 0 0 0 MR THOMAS C QUICK TRUSTEE 1.00 X 0 0 0 MR OLIVER H QUINN TRUSTEE 1.00 X 0 0 0 MR DOUGLAS E ROGERS TRUSTEE 1.00 X 0 0 0 MRS DOUGLAS E ROGERS TRUSTEE 1.00 X 0 0 0 THE HONORABLE PHILIP E RUPPE TRUSTEE 1.00 X 0 0 0 MRS PHILIP E RUPPE TRUSTEE 1.00 X 0 0 0 MR THOMAS A SAUNDERS III TRUSTEE 1.00 X 0 0 0 MRS THOMAS A SAUNDERS III TRUSTEE 1.00 X 0 0 0 MR JOHN H SCHULER TRUSTEE 1.00 X 0 0 0 THE HONORABLE LESLY S SMITH TRUSTEE 1.00 X 0 0 0 MR RANDALL D SMITH TRUSTEE 1.00 X 0 0 0 MRS RANDALL D SMITH TRUSTEE 1.00 X 0 0 0 MRS WILLIAM J SOTER TRUSTEE 1.00 X 0 0 0 MR WILLIAM H TOLD JR TRUSTEE 1.00 X 0 0 0 MRS WILLIAM H TOLD JR TRUSTEE 1.00 X 0 0 0 MRS MEREDITH A TOWNSEND TRUSTEE 1.00 X 0 0 0 MRS KATHRYN C VECELLIO TRUSTEE 1.00 X 0 0 0 MR ROBERT VILA TRUSTEE 1.00 X 0 0 0 MR J WILLIAM WEEKS TRUSTEE 1.00 X 0 0 0 MRS J WILLIAM WEEKS TRUSTEE 1.00 X 0 0 0 MRS LYNNE WHEAT TRUSTEE 1.00 X 0 0 0 MR MICHEL WITMER TRUSTEE 1.00 X 0 0 0 MR ROBERT K WOOD TRUSTEE 1.00 X 0 0 0 MRS ROBERT K WOOD TRUSTEE 1.00 X 0 0 0 DR PHILIP RYLANDS PRESIDENT & CEO 40.00 X 341288 0 177014 GLORIA REX FINANCE DIRECTOR 40.00 X 198219 0 12327 BRIDGET BARATTA DIRECTOR OF ADVANCEMENT 40.00 X 196093 0 15352 SOFIA MADURO DIRECTOR OF PROGRAMMING 40.00 X 175900 0 19719 RACHEL SCHIPPER DIRECTOR OF LIBRARIES 40.00 X 130375 0 10435 RONALD MINNICKS DIRECTOR OF BUILDINGS & GROUNDS 40.00 X 120210 0 37113 PHILLIP BARNES DIRECTOR OF STAGE & TECHNOLOGY SERV. 40.00 X 118346 0 16519 DEBRA WATSON DIRECTOR OF ACCOUNTING & PATRON SERV. 40.00 X 118086 0 18325 1398517 0 306804 8 0 1 0 CONKLING & LEWIS CONSTRUCTION 1241 OKEECHOBEE ROAD WEST PALM BEACH FL 33401 CONSTRUCTION IMPROVEMENTS 589944 BERKE ARCHITECTS DPC PO BOX 919770 ORLANDO FL 32891 ARCHITECTURE SERVICES 293626 ROOD LANDSCAPE TCI ROOD 7900 SE BRIDGE ROAD HOBE SOUND FL 33455 LANDSCAPING 154899 3 2798790 555592 8504310 590171 11858692 SPONSORED PROGRAMS 713990 1236120 1236120 1236120 2036520 2036520 124100 0 124100 124100 124100 25885174 124980 23997797 0 1887377 124980 2012357 124980 1887377 MISCELLANEOUS 713990 20946 20946 20946 17288735 1382046 0 4047997 691148 411094 231859 48195 2549372 1516364 855234 177774 340966 246890 77743 16333 316543 193898 99818 22827 220836 140117 67195 13524 91069 33360 48633 9076 25440 7250 15137 3053 262781 110368 112996 39417 491383 122801 254821 113761 259424 191238 56678 11508 530265 284982 157183 88100 1018263 684943 283940 49380 21272 17786 2415 1071 245333 245333 1568888 1213799 293373 61716 217512 83422 111581 22509 SPONSORED ACTIVITIES 2227102 1640456 19431 567215 CATERING & EVENTS 816589 340260 10634 465695 LIBRARY EXPENSE 108515 108515 MISCELLANEOUS 28782 8884 16575 3323 33204 17010 13271 2923 12064687 7373437 2973850 1717400 4425957 7841294 1611063 1615849 217728 48096 30510 0 11816 11816 752177 503809 64257731 17852484 47194132 46405247 64676980 51427299 2253546 2503308 121173909 110356718 981940 543361 665725 2740959 12058033 6058033 1606542 777117 15312240 10119470 X 96969556 87663795 8892113 12573453 105861669 100237248 121173909 110356718 X 5224048 -10629295 -219174 X 0 1 X 1 0 X 10825643 7389918 10922104 17103206 11858692 58099563 10825643 7389918 10922104 17103206 11858692 58099563 4704560 53395003 867808 997279 1243575 1403168 2160620 6672450 64772013 0.82440 0.83880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 65556259 1491118 -6968179 7594243 52484955 44910126 10743414 11620281 1717562 65556259 41309687 3931758 1108493 39076 1400736 44910126 37015644 259480 2020416 -3246055 1231908 41309687 34972248 285934 2628038 1170576 -300000 37015644 0.87021 0.12979 0 0 10426850 10426850 47670742 13085962 34584780 6160139 4766522 1393617 46405247 DEFERRED COMPENSATION PAYABLE 777117 777117 X 6192788 -10629295 -188871 -10818166 17010954 262781 15000 277781 17288735 11817209 15303 15303 11801906 262781 262781 12064687 PART III, LINE 1A: THE SOCIETY'S COLLECTIONS INCLUDE PAINTINGS, SCULPTURES, GRAPHICS, CERAMICS, FURNITURE AND OTHER ITEMS. IN CONFORMITY WITH THE PRACTICES FOLLOWED BY MANY MUSEUMS, COLLECTION ITEMS WHICH ARE (A) HELD FOR PUBLIC EXHIBITION AND EDUCATION; (B) PROTECTED, CARED FOR AND PRESERVED; AND (C) SUBJECT TO A POLICY DESIGNATING THE PROCEEDS FROM ANY SALES OF COLLECTION ITEMS TO ACQUIRING OR PRESERVING OTHER COLLECTIONS, ARE NOT CAPITALIZED AND ARE NOT REPORTED IN THE STATEMENT OF FINANCIAL POSITION. THE SOCIETY HAS DEVELOPED POLICIES FOR THE STEWARDSHIP OF THE COLLECTION FOLLOWING THE GUIDELINES OF THE AMERICAN ASSOCIATION OF MUSEUMS. TO BE CONSIDERED FOR THE COLLECTION, THE ITEM SHOULD BE RELATED TO THE COLLECTION AS IT NOW EXISTS, THE ITEMS SHOULD BE HIGH QUALITY, AND THE ITEM MUST BE APPROPRIATE TO THE EXISTING BODY OF WORK IN THE AREA IT IS TO BE PLACED. THE SOCIETY ALSO CONSIDERS THE SPECIAL REQUIREMENTS FOR STORAGE AND EXHIBITIION. IF THE ITEM IS TO BE DONATED, THE DONOR SHALL ALSO BE WILLING TO MAKE AN UNRESTRICTED GIFT. TO BE CONSIDERED FOR SALE, THE SOCIETY MUST DETERMINE THAT IT IS UNABLE TO PROPERLY CARE FOR THE OBJECT, OR IT IS DETERMINED THAT THERE IS A MARKED DISCREPANCY BETWEEN THE COST OF THE CONSERVATION AND THE AESTHETIC, HISTORICAL, OR FINANCIAL VALUE OF THE OBJECT. OBJECTS OF MARKEDLY INFERIOR QUALITY, EITHER INTRINSICALLY OR RELATIVELY, IN COMPARISON WITH OTHER OBJECTS OF THE SAME TYPE IN THE COLLECTION, MAY BE CONSIDERED FOR SALE. ALSO, OBJECTS NOW DETERMINED TO LACK RELEVANCE TO THE COLLECTION MAY BE CONSIDERED FOR SALE. IN ANY SALE OR DISPOSAL OF COLLECTION ITEMS, THE APPROPRIATE LEVEL OF APPROVAL MUST BE OBTAINED AND THE PROCEEDS FROM THE SALE ARE REPORTED AS AN INCREASE IN NET ASSETS WITH DONOR RESTRICTONS FOR ACQUISTION OR DIRECT CARE OF THE COLLECTION. DIRECT CARE INCLUDES COSTS TO PROCURE SUPPLIES AND MATERIALS NECESSARY TO SAFELY HOUSE, INSTALL/DE-INSTALL, AND DISPLAY OBJECTS AND ESTABLISHING AND IMPLEMENTING PROTOCOLS FOR PREVENTATIVE MAINTENANCE. SALES OF COLLECTION OBJECTS TOTALED APPROXIMATELY $125,000 FOR THE YEAR ENDED JUNE 30, 2022. THE FAIR VALUE OF COLLECTION OBJECTS ACQUIRED BY GIFT FOR WHICH THE SOCIETY CAN MAKE A REASONABLE ESTIMATE OR OBTAIN APPRAISALS IS NOT REPORTED AS CONTRIBUTION REVENUE IN THE STATEMENT OF ACTIVITIES BECAUSE THE COLLECTION IS NOT CAPITALIZED. THE SOCIETY RECEIVED DONATED COLLECTION OBJECTS VALUED AT APPROXIMATELY $15,000 FOR THE YEAR ENDED JUNE 30, 2022. THE SOCIETY DOES NOT RE-APPRAISE THE ENTIRETY OF ITS COLLECTION ON AN ANNUAL BASIS, BUT DOES EXERCISE PRUDENT STEWARDSHIP AND RISK MANAGEMENT BY CARRYING FINE ART INSURANCE COVERAGE OF $6,000,000 ON THE COLLECTION. PART III, LINE 4: THE SCULPTURE GARDEN WITH WORKS OF ART BY INTERNATIONALLY KNOWN ARTISTS IS OPEN TO, AND FOR PUBLIC EXHIBITION, SEVEN DAYS A WEEK. PART X, LINE 2: THE SOCIETY IS SUBJECT TO THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD'S (THE "FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES, AS IT RELATES TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. BECAUSE OF THE SOCIETY'S GENERAL NOT-FOR-PROFIT STATUS, MANAGEMENT BELIEVES, ASC TOPIC 740 HAS NOT HAD, AND IS NOT ANTICIPATED TO HAVE, A MATERIAL IMPACT ON THE SOCIETY'S CONSOLIDATED FINANCIAL STATEMENTS. U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY IF THE SOCIETY HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A GOVERNMENT AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE SOCIETY AND HAS CONCLUDED THAT AS OF JUNE 30, 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -188,871. PART XI, LINE 4B - OTHER ADJUSTMENTS: DONATED ARTWORK NOT RECORDED ON BOOKS 15,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: COLLECTION ITEMS PURCHASED BUT NOT CAPITALIZED 15,303. X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 DR PHILIP RYLANDS PRESIDENT & CEO 311288 0 30000 0 0 0 10000 0 167014 0 518302 0 0 0 BRIDGET BARATTA DIRECTOR OF ADVANCEMENT 190093 0 6000 0 0 0 10000 0 5352 0 211445 0 0 0 GLORIA REX FINANCE DIRECTOR 186219 0 12000 0 0 0 3714 0 8613 0 210546 0 0 0 SOFIA MADURO DIRECTOR OF PROGRAMMING 168900 0 7000 0 0 0 10000 0 9719 0 195619 0 0 0 RONALD MINNICKS DIRECTOR OF BUILDINGS & GROUNDS 115210 0 5000 0 0 0 10000 0 27113 0 157323 0 0 0 PART I, LINE 4B, SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: DR. PHILIP RYLANDS, PRESIDENT & CEO - 457 PLAN ($10,938) GLORIA REX, FINANCE DIRECTOR - 457 PLAN ($7,000) SOFIA MADURO, DIRECTOR OF PROGRAMMING - 457 PLAN ($7,000) RACHEL SCHIPPER, DIRECTOR OF LIBRARIES - 457 PLAN ($5,375) RONALD MINNICKS, DIRECTOR OF BUILDINGS & GROUNDS - 457 PLAN ($5,375) DEBRA WATSON, DIRECTOR OF ACCOUNTING & PATRON SERVICES - 457 PLAN ($5,375) PHILLIP BARNES, DIRECTOR OF STAGE & TECHNOLOGY SERVICES - 457 PLAN ($5,375) INCLUDED IN DR. PHILIP RYLANDS AND RONALD MINNICKS NONTAXABLE BENEFITS IS EMPLOYER PROVIDED HOUSING WITH A VALUE OF $157,968 AND $18,500, RESPECTIVELY. X 1 15000 APPRAISALS X 39 575171 STOCK MARKET VALUES 0 0 1 PART I, LINE 32B: THE ORGANIZATION USED MERRILL LYNCH TO SELL DONATED SECURITIES DURING THE YEAR. AMENDED FORM 990 THIS 990 IS BEING AMENDED TO REPORT THE VALUE OF EMPLOYER PROVIDED HOUSING WHICH MET ALL THREE CRITERIA; THE CONVENIENCE OF EMPLOYER, CONDITION OF EMPLOYMENT AND FURNISHED ON THE BUSINESS PREMISES BUT WAS INADVERTENTLY LEFT OUT OF THE AMOUNT REPORTED FOR NON-TAXABLE BENEFITS FOR THE CALENDAR YEAR 2021. HOUSING WITH A VALUE OF $157,968 AND $18,500 HAS BEEN ADDED TO THE COMPENSATION IN COL (F) IN PART VII OF THE FORM 990 FOR THE PRESIDENT & CEO AND THE DIRECTOR OF BUILDING & GROUNDS, RESPECTIVELY. FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING BOARD MEMBERS HAVE A FAMILY RELATIONSHIP. MR. & MRS. MICHAEL AINSLIE - HUSBAND & WIFE MR. & MRS. FRANCIS A. ARGENBRIGHT, JR. - HUSBAND & WIFE MR. & MRS. JOHN T. AVELLINO - HUSBAND & WIFE MR. & MRS. LAWRENCE BEYER - HUSBAND & WIFE AMBASSADOR & MRS. W.L. LYONS BROWN - HUSBAND & WIFE MR. & MRS. GEORGE A. COHON - HUSBAND & WIFE MR. & MRS. DENIS P. COLEMAN, JR. - HUSBAND & WIFE MR. & MRS. MARVIN H. DAVIDSON - HUSBAND & WIFE MR. & MRS. ROBERT G. DONNELLEY - HUSBAND & WIFE AMBASSADOR & MRS. EDWARD E. ELSON - HUSBAND & WIFE MR. & MRS. ALEXANDER P. FEDERBUSH - HUSBAND & WIFE MR. & MRS. ROBERT L. FORBES - HUSBAND & WIFE MR. & MRS. STANLEY N. GAINES - HUSBAND & WIFE MR. & MRS. PETER N. GEISLER - HUSBAND & WIFE MR. & MRS. PETER N. GEISLER, JR. - HUSBAND & WIFE MR. & MRS. THOMAS D. GILL, JR. - HUSBAND & WIFE MR. & MRS. MARTIN D. GRUSS - HUSBAND & WIFE MR. & MRS. WILLIAM S. GUBELMANN - HUSBAND & WIFE DR. & MRS. RANDOLPH H. GUTHRIE - HUSBAND & WIFE MR. & MRS. THOMAS E. HASSEN - HUSBAND & WIFE MR. & MRS. PATRICK HENRY - HUSBAND & WIFE MS. HEATHER HENRY - DAUGHTER OF PATRICK HENRY MR. & MRS. BARRY HOYT - HUSBAND & WIFE MR. & MRS. SAM HUNT - HUSBAND & WIFE MR. & MRS. WILLIAM E. JAMES - HUSBAND & WIFE MR. & MRS. JASON TAUBMAN KALISMAN - HUSBAND & WIFE MR. & MRS. JOHN D. KOCH - HUSBAND & WIFE MR. & MRS. LEONARD A. LAUDER - HUSBAND & WIFE AMBASSADOR & MRS. HOWARD H. LEACH - HUSBAND & WIFE MR. & MRS. JOSEPH W. LUTER, III - HUSBAND & WIFE MR. & MRS. J. PETER LYONS - HUSBAND & WIFE MR. & MRS. LANCE D. MAHANEY - HUSBAND & WIFE MR. & MRS. GRANT E. MASHEK - HUSBAND & WIFE MR. & MRS. GEORGE G. MATTHEWS - HUSBAND & WIFE MR. & MRS. WILLIAM M. MATTHEWS - HUSBAND & WIFE MR. & MRS. JOHN J. MCATEE, JR. - HUSBAND & WIFE MR. & MRS. AMBROSE K. MONELL - HUSBAND & WIFE MR. & MRS. DUDLEY L. MOORE, JR. - HUSBAND & WIFE MR. & MRS. DAVID H. MORRISH - HUSBAND & WIFE MR. & MRS. NICHOLAS PAPANICOLAOU - HUSBAND & WIFE MR. & MRS. GARY L. PATSLEY - HUSBAND & WIFE MR. & MRS. DOUGLAS E. ROGERS - HUSBAND & WIFE THE HONORABLE & MRS. PHILIP E. RUPPE - HUSBAND & WIFE MR. & MRS. THOMAS A. SAUNDERS, III - HUSBAND & WIFE MR. & MRS. RANDALL D. SMITH - HUSBAND & WIFE MR. & MRS. WILLIAM H. TOLD, JR. - HUSBAND & WIFE MR. & MRS. J. WILLIAM WEEKS - HUSBAND & WIFE MR. & MRS. ROBERT K. WOOD - HUSBAND & WIFE FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS THAT PAY A MEMBERSHIP FEE, WHICH ENTITLES THEM TO A RIGHT TO VOTE FOR THE ORGANIZATION'S OFFICERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS RECEIVE VOTING PROXIES EVERY FEBRUARY AND A QUORUM NUMBER IS DETERMINED TO COUNT AND APPROVE THE OFFICERS. THIS OCCURS AT THE ANNUAL MEETING, WHICH MEMBERS MAY ATTEND. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS ARE ENTITLED TO VOTE FOR THE ORGANIZATION'S OFFICERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE AUDIT AND EXECUTIVE COMMITTEES AND IS MADE AVAILABLE TO THE TRUSTEES BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER IS REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT AND DISCLOSE POTENTIAL CONFLICTS OF INTEREST. POTENTIAL CONFLICTS OF INTEREST ARE COMPILED BY THE FINANCE DIRECTOR AND PRESENTED TO THE AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE APPROVES AND REVIEWS THE PRESIDENT/CEO SALARY ONCE A YEAR AND COMPARES THE SALARY AND BENEFITS TO OTHER LOCAL NON-PROFIT ORGANIZATIONS AS WELL AS THE AMERICAN MUSEUM SALARY SURVEY. THE PRESIDENT/CEO REVIEWS THE SALARY OF UPPER MANAGEMENT ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -188,871. COLLECTION ITEMS PURCHASED BY NOT CAPITALIZED -15,303. 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