2024-10-09T11:33:36-05:00 2024-06-30 470387937 O'DONNELL FICENEC WILLS & FERDIG LLP 11404 WEST DODGE ROAD STE 200 OMAHA NE 681542504 990 2023-07-01 270493043 AMERICAN FRIENDS OF THE MUSEE DORSAY AMER 2127557400 PO BOX 4233 NEW YORK NY 10163 BERNARD DUHAIME TREASURER 4025615522 2024-10-04 1 0 MICHAEL F BERRY P00046261 4025923800 2023 2024-10-15 13:58:12Z BERNARD DUHAIME 807 N 148TH AVENUE OMAHA NE 68154 2587927 0 X WWW.AFORSAY.ORG X 2009 DE OPERATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND CULTURAL PURPOSES. 39 39 0 0 0 0 1738280 2260686 6600 41518 7487 35609 28370 -331977 1780737 2005836 833282 1021459 0 0 149590 0 0 0 94388 323893 405186 1306765 1426645 473972 579191 2916796 3210183 0 634205 2916796 2575978 OPERATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND CULTURAL PURPOSES. 0 0 1143475 1021459 13614 THE AMERICAN FRIENDS OF THE MUSEE DORSAY IS OPERATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND CULTURAL PURPOSES. THE AMERICAN FRIENDS OF THE MUSEE DORSAY WILL STRENGTHEN THE RELATIONSHIP BETWEEN THE MUSEE DORSAY, PARIS, FRANCE, AND THE AMERICAN PUBLIC, BY SOLICITING FUNDS TO SUPPORT SPECIFIED PROGRAMS AND PROJECTS.PATRONS OF AMERICAN FRIENDS OF THE MUSEE DORSAY SUPPORT THE MUSEUM'S NEWLY ENHANCED EXHIBITION PROGRAM, EDUCATION, CONSERVATION OF THE COLLECTION AND THE MODERNIZING OF ITS GALLERIES. OUR MEMBERS SUPPORT CULTURAL ENRICHMENT FOR THE MUSEUMS' MORE THAN FOUR MILLION ANNUAL VISITORS FROM AROUND THE WORLD. 1143475 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 2 0 0 0 0 0 0 0 1 1 0 0 0 0 X 39 39 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 0 1 0 0 TN NY CA IL TX FL X BERNARD DUHAIME 2127557400 807 N 148TH AVENUE OMAHA NE 68154 X BERNARD DUHAIME TREASURER 0.00 X X 0 0 0 ELIZABETH KEHLER CHAIR 0.00 X X 0 0 0 SUZANNE MOORE SECRETARY 0.00 X X 0 0 0 MARGARET MACLEAN NOMINATING CHAIR 0.00 X X 0 0 0 GREGORY ANNENBERG WEINGARTEN BOARD MEMBER 0.00 X 0 0 0 ROBERT LANDAU BOARD MEMBER 0.00 X 0 0 0 CAPERA RYAN BOARD MEMBER 0.00 X 0 0 0 JOSEPH BARKER BOARD MEMBER 0.00 X 0 0 0 FRANK M GARRISON BOARD MEMBER 0.00 X 0 0 0 ELLEN BERNARD BOARD MEMBER 0.00 X 0 0 0 SUSAN DUMKE BOARD MEMBER 0.00 X 0 0 0 WILLIAM HESS BOARD MEMBER 0.00 X 0 0 0 GLENN TILLES BOARD MEMBER 0.00 X 0 0 0 JANET AYERS BOARD MEMBER 0.00 X 0 0 0 ROSALIND LANDIS BOARD MEMBER 0.00 X 0 0 0 VICKI HART BOARD MEMBER 0.00 X 0 0 0 KATHRYN KIES BOARD MEMBER 0.00 X 0 0 0 SUSAN SCHOENFELD-HARRINGTON BOARD MEMBER 0.00 X 0 0 0 ANDREA LAPORTE BOARD MEMBER 0.00 X 0 0 0 POLLY LEVINE BOARD MEMBER 0.00 X 0 0 0 RICHARD KNAUB BOARD MEMBER 0.00 X 0 0 0 JOACHIM PISSARRO BOARD MEMBER 0.00 X 0 0 0 WILLIAM RHODES BOARD MEMBER 0.00 X 0 0 0 SAMUEL SEYMOUR BOARD MEMBER 0.00 X 0 0 0 ELLEN SANDOR BOARD MEMBER 0.00 X 0 0 0 DIANE STEWART BOARD MEMBER 0.00 X 0 0 0 R BYRON CARLOCK JR BOARD MEMBER 0.00 X 0 0 0 PAUL VIZCARRONDO BOARD MEMBER 0.00 X 0 0 0 MARIE LAURE FLEMING EXEC DIRECTOR 40.00 X 0 0 0 LISA CIRENZA BOARD MEMBER 0.00 X 0 0 0 ANIKA GUNTRUM BOARD MEMBER 0.00 X 0 0 0 ROBERT BUXTON BOARD MEMBER 0.00 X 0 0 0 AMANDA TAYLOR BOARD MEMBER 0.00 X 0 0 0 ELAINE TONCKENS BOARD MEMBER 0.00 X 0 0 0 THEO SCHWABACHER BOARD MEMBER 0.00 X 0 0 0 SONCHU GAVELL BOARD MEMBER 0.00 X 0 0 0 ALAN JONES BOARD MEMBER 0.00 X 0 0 0 JAMIE MCCOURT BOARD MEMBER 0.00 X 0 0 0 VIRGINIA SHACKELFORD BOARD MEMBER 0.00 X 0 0 0 JIM VESTERMAN BOARD MEMBER 0.00 X 0 0 0 0 0 0 0 0 0 0 MUSEE DORSAY 1 RUE DE LA LEGION DHONNEUR PARIS FR 75007 FOOD SERVICES 243570 MARIE LAURE FLEMING 1 RUE DE LA LEGION DHONNEUR PARIS FR 75007 EXECUTIVE DIRECTOR 117810 2 923832 1336854 287581 2260686 TOURS 812900 31734 31734 MEMBER EDUCATION SVS 812900 9784 9784 41518 35940 35940 46398 46729 -331 -331 -331 230958 923832 535362 -304404 -304404 FOREIGN CURRENCY GAIN/LOSS 900099 -27573 -27573 -27573 2005836 13614 0 -268464 1021459 1021459 248001 62001 124001 61999 16700 4175 8350 4175 3240 810 1620 810 7173 1793 3587 1793 10796 2699 5398 2699 CONTRACTED SERVICES 53406 30369 15358 7679 BANK SERVICE CHARGES 35805 8951 17903 8951 MISCELLANEOUS EXPENSE 10946 2736 5473 2737 PRINTING 8573 5846 1818 909 10546 2636 5274 2636 1426645 1143475 188782 94388 1380263 1058554 1472554 1894205 0 8456 20779 0 43200 248968 2916796 3210183 0 16730 0 617475 0 634205 X 2916796 2575978 2916796 2575978 2916796 3210183 579191 -920009 0 X X 0 1 X 1 0 X 812756 674887 611956 717522 1336854 4153975 812756 674887 611956 717522 1336854 4153975 4153975 163 136 8721 35907 44927 94400 58254 952960 1020985 923832 3050431 7249333 39034 0.57300 0.51950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 MARVEL GRIEPP ART DONATION 43200 MEISSONIER OIL ART DONATION 200000 INTEREST RECEIVABLE 5768 248968 X 2541199 535363 535363 2005836 0 2005836 1962008 535363 535363 1426645 0 1426645 PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT ENTITY THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. THE ORGANIZATION'S FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FOR THE YEARS ENDING 2019, 2020 AND 2021 ARE SUBJECT TO EXAMINATION BY THE IRS GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 535,363. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 535,363. SCHEDULE D PART X ITEM 2 THE ORGANIZATION'S FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FOR THE YEARS ENDING 2021, 2022 AND 2023 ARE SUBJECT TO EXAMINATION BY THE IRS GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. UNDER THE MODIFIED CASH BASIS OF ACCOUNTING ANY TAX LIABILITY IS RECOGNIZED WHEN PAID. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. 1 EUROPE-FRANCE 1 0 GRANTS TO A RECIPIENT LOCATED IN REGION FUNDS SUPPORT SPECIFIC PROGRAMS AT THE MUSEE DORSAY 1021456 1 0 0 0 1 0 1021456 0 1021456 EUROPE-FRANCE FUNDS SUPPORT THE CONTEMPORARY PROGRAMS PROJECT AT THE MUSEE DORSAY 248468 ELECTRONIC FUNDS TRANSFER 0 EUROPE-FRANCE FUNDS SUPPORT THE CONTEMPORARY PROGRAMS PROJECT FOR SOPHIE CALLE'S COLLECTION 325560 ELECTRONIC FUNDS TRANSFER 0 EUROPE-FRANCE FUNDS TO SUPPORT HEAD OF EDUCATION POSITION 88234 ELECTRONIC FUNDS TRANSFER 0 EUROPE-FRANCE FUNDS FOR GENERAL SUPPORT OF THE WORK OF MUSEE 38074 ELECTRONIC FUNDS TRANSFER 0 EUROPE-FRANCE FUNDS SUPPORT THE PARIS 1874 EXHIBIT 321120 ELECTRONIC FUNDS TRANSFER 0 0 0 0 0 0 0 PART I, LINE 2: RESOLUTION APPROVED BY BOARD OF DIRECTORS, JULY 22, 2009 TO MAINTAIN ADEQUATE AND EFFECTIVE CONTROL OVER THE AMERICAN FRIENDS OF THE MUSEE DEORSAY'S FUNDS DISPERSED TO FOREIGN CHARITIES. THIS ORGANIZATION ADOPTS THE FOLLOWING GUIDELINES FOR THE DISTRIBUTION AND MONITORING OF SUCH FUNDS: 1. TO THE FULLEST EXTENT POSSIBLE, ALL REQUESTS FOR FUNDING FOR FOREIGN CHARITIES OR PROJECTS WILL BE CHANNELED THROUGH THIS ORGANIZATION'S ANNUAL BUDGETARY PROCESS AND WILL BE CONSIDERED TOGETHER WITH ALL OTHER INTERNALLY AND EXTERNALLY GENERATED REQUESTS FOR FUNDS. THE ELEMENTS OF THE ANNUAL BUDGETARY PROCESS MUST INCLUDE AT A MINIMUM: A. AN ADEQUATE DESCRIPTION OF THE CHARITABLE PURPOSES TO BE SERVED BY THE FOREIGN CHARITY OR PROJECT; B. A DETERMINATION BY THIS BOARD THAT SUCH PURPOSES ARE CONSISTENT WITH THE CHARITABLE PURPOSES OF THIS ORGANIZATION AND WORTHY OF FUNDING; C. A DETAILED BUDGET SUBMITTED BY THE RECIPIENT CHARITY WHICH SHOWS PROPOSED EXPENDITURES BY SUFFICIENT LINE ITEMS FOR THIS BOARD TO DETERMINE THE ECONOMIC EFFICIENCY OF THE PROJECT BEING FUNDED. D. A LIST OF SPECIFIC CHARITABLE GOALS THE RECIPIENT CHARITY WANTS TO ACCOMPLISH WITH OUR FUNDS, TOGETHER WITH A STATEMENT OF THE STANDARDS BY WHICH PROGRESS TOWARD THE GOALS CAN BE MEASURED; E. AN IDENTIFICATION OF THE PERSON(S) WITHIN THE RECIPIENT CHARITY WHO WILL BE RESPONSIBLE FOR OVERSEEING THE FUNDED PROJECT(S); AND F. A COMMITMENT BY THE RECIPIENT CHARITY AND ITS REPSONSIBLE PERSON(S) TO FULLY, FAITHFULLY AND TIMELY COMPLY WITH THIS ORGANIZATION'S REPORTING AND MONITORING REQUIREMENTS. 2. FUNDING REQUESTS WHICH ARE NOT RECEIVED IN TIME TO GO THROUGH THE ANNUAL BUDGETARY PROCESS OF THIS ORGANIZATION AND WHICH THE PRESIDENT DETERMINES ARE WORTHY OF SPECIAL CONSIDERATION MAY BE FUNDED ONLY IF AN EXECUTIVE COMMITTEE OF THIS BOARD APPROVES THE PROJECT AS MEETING THE REQUIREMENTS SET FORTH IN PARA. 1. ABOVE. 3. ALL APPROVED FUNDING OF FOREIGN CHARITIES SHALL BE MONITORED BY THIS BOARD THROUGH SPECIFIC REPORTING FROM THE RESPONSIBLE PERSON FOR EACH RECIPIENT CHARITY. REPORTS MUST BE SUBMITTED BY EACH RECIPIENT CHARITY AT LEAST TWICE A YEAR. IN THE CASE OF FOREIGN CHARITIES RECEIVING FUNDING FROM THIS ORGANIZATION IN EXCESS OF $500,000 PER YEAR, REPORTS SHALL BE SUBMITTED EVERY CALENDAR QUARTER. 4. THE REPORTS SUBMITTED BY FOREIGN CHARITIES MUST INCLUDE FINANCIAL STATEMENTS (CURRENT WITHIN 30 DAYS) REFLECTING ACTUAL CHARITABLE EXPENSES COMPARED WITH THE PROJECTED CHARITY BUDGET PREVIOUSLY SUBMITTED. PROJECT MILESTONES SHALL BE BRIEFLY EVALUATED AND ALL SIGNIFICANT POST-FUNDING DEVELOPMENTS AND PROBLEMS SHALL BE DISCUSSED. THIS ORGANIZATION'S CHIEF FINANCIAL OFFICER SHALL RECEIVE AND EVALUATE THESE REPORTS AND THEN REFER THEM TO THE PRESIDENT WITH A RECOMMENDATION FOR CONTINUING OR DISCONTINUING FUNDING. 5. ALL FOREIGN CHARITY FUNDING REQUEST SHALL BE FUNDED WITH THE UNDERSTANDING THAT THIS ORGANIZATION RETAINS FULL CONTROL OF ALL SUCH FUNDS, EXERCISES ABSOLUTE DISCRETION AS TO THEIR USE, AND RETAINS THE RIGHT TO DISCONTINUE FUNDING (INCLUDING THE REFUND OF FUNDS ALREADY GRANTED BUT NOT EXPENDED) AT ANY TIME IT DETERMINES THAT THE PROJECT GOALS OR STANDARDS OF PERFORMANCE ARE NOT BEING MET, THE BUDGET IS NOT BEING ADHERED TO, ACCOUNTABILITY STANDARDS ARE NOT BEING SATISFIED, OR IN THIS ORGANIZATION'S SOLE DISCRETION FOR ANY OTHER REASON. 6. THESE GUIDELINES SHALL BE PRESENTED TO ALL CHARITIES SEEKING FUNDING FOR FOREIGN CHARITY PROJECTS FROM THIS ORGANIZATION AFTER THE DATE THESE GUIDELINES ARE ADOPTED. AS A CONDITION OF RECEIVING ANY FUTURE FUNDING, ALL SUCH CHARITIES MUST ATTEST IN WRITING TO THEIR COMMITMENT TO FULLY, FAITHFULLY AND TIMELY COMPLY WITH THESE GUIDELINES. 7. THESE GUIDELINES SHALL ALSO BE PUBLICIZED AS APPROPRIATE TO THIS ORGANIZATION'S UNITED STATES DONORS AS A MEANS OF RETAINING THIS ORGANIZATION'S DISCRETION OVER THE USE OF FUNDS WHICH ARE DESIGNATED FOR FOREIGN CHARITIES OR PROJECTS AND FOR PRESERVING THE TAX DEDUCTIBILITY. PART I, LINE 3: ACCRUAL BASIS PARIS CELEBRATION 1154790 923832 230958 1154790 923832 230958 230958 X 1 200000 INDEPENDENT APPRAISER X 7 87581 STOCK EXCHANGE PRICE 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A THE EXECUTIVE COMMITTEE MAKES RECOMMENDATIONS WHICH ARE RECEIVED FROM THE BOARD MEMBERS. ONCE THE EXECUTIVE COMMITTEE AGREES ON A CANDIDATE, THE CANDIDATE IS THEN SUBMITTED TO THE FULL BOARD FOR A VOTE. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD APPROVES GRANTS, BOARD MINUTES, NEW BOARD MEMBERS, NEW EMPLOYEES, COMPENSATION OF EMPLOYEES, EVENTS TO BE HELD, THE ANNUAL BUDGET, AND OTHER MAJOR DECISIONS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS, PRIOR TO SUBMITTAL TO INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C BOARD RESOLUTION 6/11/2009, DATED JUNE 11, 2009. CONFLICT OF INTEREST NO BOARD MEMBER MAY VOTE UPON A MATTER IN WHICH HE OR SHE HAS A DIRECT FINANCIAL INTEREST. NO BOARD MEMBER MAY VOTE UPON A MATTER IN WHICH HE OR SHE HAS A BUSINESS OR FAMILY RELATIONSHIP WITH ANYONE WHO HAS A DIRECT FINANCIAL INTEREST. IMMEDIATELY UPON BECOMING AWARE THAT SUCH A CONFLICT MAY EXIST, A BOARD MEMBER MUST DISCLOSE THE EXISTENCE OF THE POTENTIAL CONFLICT TO THE REMAINING BOARD MEMBERS. IF, BY A VOTE OF THE REMAINING BOARD MEMBERS, A CONFLICT OF INTEREST IS FOUND TO EXIST, THE BOARD MEMBER WITH THE CONFLICT SHALL WITHDRAW FROM FURTHER DELIBERATION AND REFRAIN FROM VOTING ON THE MATTER. RECORD KEEPING: THE BASIS FOR EACH DECISION SUBJECT TO THIS POLICY SHALL BE FULLY DOCUMENTED, INCLUDING: * THE TERMS OF THE APPROVED TRANSACTION AND THE DATE APPROVED, * THE MEMBERS OF THE DECISION-MAKING BODY WHO WERE PRESENT DURING DEBATE ON THE TRANSACTIONS AND THOSE WHO VOTED ON IT, * THE DECISION MADE BY EACH INDIVIDUAL WHO VOTED, * THE COMPARABILITY DATA THAT WAS RELIED ON BY THE DECISION-MAKING BODY AND HOW THE DATA WAS OBTAINED, AND * ANY ACTIONS BY A MEMBER OF THE DECISION-MAKING BODY HAVING A CONFLICT OF INTEREST GOOD FAITH EFFORTS SHALL BE MADE TO OPERATE IN A MANNER THAT WILL AVOID ENTERING INTO ANY "EXCESS BENEFIT TRANSACTIONS" AS THAT TERM IS DEFINED IN SECTION 4958 OF THE INTERNAL REVENUE CODE, AND TO COMPLY WITH ANY PERTINENT GUIDELINES ISSUED BY THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION (BOARD AND TREASURER) REVIEWS ED PAY ANNUALLY, COMPARING IT TO SIMILAR SIZE ORGANIZATIONS AND THE ED PRESENT RESPONSIBILITIES. FORM 990, PART VI, SECTION C, LINE 18 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 CONFLICT OF INTEREST IS STATED ON SCHEDULE O, FORM 990, PART VI, LINE 12C - EXPLANATION OF MONITORING AND ENFORCEMENT OF CONFLICTS. WHICH IS A PUBLIC DOCUMENT. THE FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. THE ORGANIZATION CHANGED ITS ACCOUNTING METHOD FROM THE MODIFIED CASH BASIS TO THE ACCRUAL METHOD EFFECTIVE 07/01/2023 (BEGINNING OF THE FISCAL YEAR). THE CHANGE RESULTED IN AN ADJUSTMENT TO NET ASSETS OF $920,009. FORM 990, PART XII, LINE 2C: THE PROCESS FOR SELECTION AND OVERSIGHT OF THE AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR.