2025-01-30T11:54:01-06:00 2024-06-30 621114363 HENDERSON HUTCHERSON & MCCULLOUGH PLLC 1755 KIRBY PARKWAY SUITE 200 MEMPHIS TN 38120 990 2023-07-01 620801926 MEMPHIS MUSEUMS OF SCIENCE & HISTORY MEMP 9016362370 3050 CENTRAL AVENUE MEMPHIS TN 38111 WILLIAM THOMPSON EXECUTIVE DIRECTOR 9013206390 2025-01-23 1 1 JON PAUL DAVIS CPA P01215363 9016834234 2025-01-23 2023 2025-03-06 01:10:19Z WILLIAM THOMPSON 4385 POPLAR AVE 1ST FLR MEMPHIS TN 38117 4389978 0 X WWW.MOSHMEMPHIS.COM X 1968 TN TO INSPIRE PEOPLE TO LEARN HOW HISTORY, SCIENCE, TECHNOLOGY, AND NATURE SHAPE THE MID-SOUTH. 19 19 65 586 0 0 1796728 1375746 1245616 1477594 103504 153137 1015205 1036745 4161053 4043222 0 0 0 0 1866009 1916578 0 0 241817 1511471 2407617 3377480 4324195 783573 -280973 9216220 9044142 375186 291892 8841034 8752250 X THE PINK PALACE FAMILY OF MUSEUMS INSPIRES PEOPLE TO LEARN HOW HISTORY, SCIENCE, TECHNOLOGY, AND NATURE SHAPE THE MID-SOUTH. THROUGH RICH COLLECTIONS, THOUGHT-PROVOKING EXHIBITIONS, AND ENGAGING PROGRAMS, WE ENCOURAGE OUR DIVERSE COMMUNITY TO REFLECT (CONTINUED) (CONTINUED) ON THE PAST, UNDERSTAND THE PRESENT, AND INFLUENCE THE FUTURE. 0 0 1265895 1252145 MEMPHIS MUSEUM EDUCATION PROGRAMS -- GIANT SCREEN THEATER FEATURING HISTORY, NATURAL HISTORY, AND SCIENCE FILMS; LICHTERMAN NATURE CENTER FEATURING INDOOR EXHIBITS AND OUTDOOR HABITATS WITH ENVIRONMENTAL EDUCATION PROGRAMS; PINK PALACE EDUCATION SCHOOL AND GENERAL AUDIENCE PROGRAMS; COON CREEK SCIENCE CENTER FOR SCHOOL GROUPS EVACAVATING 73 MILLION Y.O. FOSSILS INCLUDING UNIVERSITY RESEARCH AND TEACHER TRAINING IN PARTERSHIP WITH UNIV TN-MARTIN; SHARPE PLANETARIUM FEATURING EDUCATIONAL ASTROMONY-RELATED SHOW FOR THE PUBLIC AND SCHOOL GROUPS; AND HISTORIC PROPERTIES --EDUCATIONAL PROGRAMS AND GUIDED TOURS OF THE 1836 MAGEVNEY HOUSE AND THE 1852 MALLORY-NEELY HOUSE. PROGRAMS INCLUDE HISTORIC PRESERVATION PROJECTS; GUIDED TOURS INTERPRETING THE HOMES, THE PEOPLE WHO LIVED IN THEM, THE FURNISHINGS, CLOTHING, (CONTINUED) (CONTINUED) FOOD, AND SOCIAL HISTORY AS EXPERIENCED THROUGH THE RESIDENTS OF THE HOUSES. 332,905 PERSONS BENEFITTED. 1072844 316999 PINK PALACE EXHIBITIONS -- PERMANENT EXHIBITIONS ABOUT THE CULTURAL HISTORY AND NATURAL HISTORY OF THE MID-SOUTH. TEMPORARY/TRAVELING EXHIBITIONS ABOUT SCIENCE, HISTORY, AND NATURAL HISTORY. 149,191 PERSONS BENEFITTED. 72497 15850 CURATORIAL SERVICES -- CONSERVATION AND PRESERVATION OF OVER 60,000 ARTIFACTS AND OBJECTS IN SUPPORT OF EDUCATION PROGRAMS AND EXHIBITIONS. 482,096 PERSONS BENEFITTED. 2411236 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 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 1 0 1 26 0 1 65 0 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 TN X X X WILLIAM THOMPSON 9016362372 3050 CENTRAL AVE MEMPHIS TN 38111 TARIQ HASAN PRESIDENT 2.00 X X 0 0 0 MCKENZIE PODESTA GENERAL COUNSEL 2.00 X X 0 0 0 LINDA FOSTER SECRETARY 2.00 X X 0 0 0 JOY BOWEN TRUSTEE 1.00 X 0 0 0 JAN COLEMAN TRUSTEE 1.00 X 0 0 0 GWYN FISHER TRUSTEE 1.00 X 0 0 0 DUNCAN GALBREATH TRUSTEE 1.00 X 0 0 0 KYLE GOWEN TRUSTEE 1.00 X 0 0 0 CLEO GRIFFIN TRUSTEE 1.00 X 0 0 0 SHERRY HAWKINS TRUSTEE 1.00 X 0 0 0 CAROL HUFF TRUSTEE 1.00 X 0 0 0 DAVID HUNT TRUSTEE 1.00 X 0 0 0 JUSTIN JAMERSON TRUSTEE 1.00 X 0 0 0 SARAH HUNTER SIMANSON TRUSTEE 1.00 X 0 0 0 JAMILA SMITH-YOUNG TRUSTEE 1.00 X 0 0 0 WILLIAM THOMPSON EXECUTIVE DIRECTOR 40.00 X X 201640 0 0 SHANNON TUCKER TRUSTEE 1.00 X 0 0 0 NICK WALKER TRUSTEE 1.00 X 0 0 0 STACEY RICHARDS TREASURER 2.00 X 0 0 0 DUNCAN WILLIAMS VICE PRESIDENT 2.00 X 0 0 0 201640 0 0 1 0 1 0 0 36651 1339095 1375746 ADMISSIONS 611710 980640 980640 PROGRAM SERVICES 611710 403279 403279 MISCELLANEOUS PROGRAM SERVICE 611710 93675 93675 1477594 153137 153137 534523 14753 519770 519770 519770 166601 181479 -14878 -14878 257924 150524 107400 107400 INVESTMENT INCOME 611710 424453 424453 424453 4043222 1584994 0 1082482 X 208463 208463 1426778 884973 382118 159687 162961 71247 91714 118376 99622 4783 13971 28836 28836 779032 92758 648871 37403 198745 198581 164 37321 19481 14009 3831 103 103 70520 54300 16220 86030 2570 83308 152 PROGRAM EXPENSES 700185 700185 CAPITAL EXPENDITURES 257565 220565 37000 MEMBERSHIPS AND DUES 64454 64454 SUPPLIES 59591 50325 4360 4906 125235 16526 87006 21703 4324195 2411236 1671142 241817 4585938 979677 436291 374795 57655 63250 71382 53342 94389 19389 2360286 1596842 396507 763444 3545110 6763160 28948 27085 9216220 9044142 168414 131619 206772 160273 375186 291892 X 5081778 4643343 3759256 4108907 8841034 8752250 9216220 9044142 X -280973 258194 -66005 X X 0 1 X 1 0 X 938106 2247863 2990309 1796728 1309741 9282747 1221185 1020909 1698512 2570045 1808443 8319094 2159291 3268772 4688821 4366773 3118184 17601841 5250 5250 5000 15500 536638 875981 2768834 1269391 1093052 6543896 541888 881231 2773834 1269391 1093052 6559396 11042445 375748 24907 395931 987866 687660 2472112 375748 24907 395931 987866 687660 2472112 2535039 3293679 5084752 5354639 3805844 20073953 0.55010 0.58390 0.12320 0.61220 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 3545110 558578 22118 4081570 3272078 273032 3545110 3778598 -506520 3272078 2894611 883987 3778598 2981454 -86843 2894611 0.99000 0.01000 0 0 111000 111000 1056091 424188 631903 1193195 1172654 20541 763444 X 9919300 258194 5299964 346756 5904914 4014386 28836 28836 4043222 9942079 5299964 346756 5646720 4295359 28836 28836 4324195 PART III, LINE 1A: EXHIBIT COLLECTION - IN CONFORMITY WITH THE PRACTICE FOLLOWED BY MANY MUSEUMS, ITEMS PURCHASED OR DONATED FOR USE IN THE PERMANENT OR TEACHING COLLECTIONS OF THE MUSEUM ARE NOT INCLUDED IN THE STATEMENT OF FINANCIAL POSITION. THE FAIR VALUE OF THE COLLECTIONS THAT WERE DEACCESSIONED DURING THE YEAR TOTALED $0. PART III, LINE 4: THE MUSEUM OWNS COLLECTIONS OF CULTURAL AND NATURAL HISTORY ARTIFACTS AND SPECIMENS, WHICH ARE USED TO EDUCATE THE VISITOR (THE SUBJECT MATTERS MENTIONED IN THE MISSION STATEMENT) THROUGH THOUGHT-PROVOKING EXHIBITS (OF REAL ARTIFACTS AND SPECIMENS) AND ENGAGING EDUCATIONAL PROGRAMS (CLASSES, LABS, AND OTHER VENUES) TO REALIZE THE INTENT OF THE MISSION STATEMENT. PART X, LINE 2: THE ORGANIZATION FOLLOWS THE GUIDANCE OF FASB ASC SUBTOPIC 740-10, INCOME TAXES. BASED ON ITS EVALUATION, THE MUSEUM HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN ITS CONSOLIDATED FINANCIAL STATEMENTS. THE MUSEUM'S EVALUATION WAS PERFORMED FOR TAX YEARS ENDED JUNE 30, 2021 THROUGH JUNE 30, 2024, THE YEARS THAT REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS AS OF JUNE 30, 2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM SALE OF INVENTORY 150,524. EXPENSES FROM RENTAL ACTIVITY 14,753. FUNDRAISING DIRECT EXPENSES 181,479. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM SALE OF INVENTORY 150,524. FUNDRAISING DIRECT EXPENSES 181,479. EXPENSES OF RENTAL ACTIVITY 14,753. CRAFTS FAIR 166601 166601 181479 166601 166601 181479 181479 -14878 X 0 0 0 0 0 0 0 0 0 WILLIAM THOMPSON EXECUTIVE DIRECTOR 201640 0 0 0 0 0 0 0 0 0 201640 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE MUSEUM SOLICITS MEMBERSHIPS FOR PROGRAM PARTICIPATION ACTIVITIES. THESE MEMBERS ARE NOT STOCKHOLDERS, THEY ONLY PURCHASE ACCESS TO PROGRAM ACTIVITIES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY MANAGEMENT STAFF, PRESENTED TO THE BUSINESS AFFAIRS COMMITTEE FOR APPROVAL AND THEN TO THE BOARD OF TRUSTEES FOR THEIR APPROVAL. THIS PROCESS IS COMPLETED PRIOR TO THE FILING OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES HAVE COPIES OF THE BYLAWS, WHICH ARE REVIEWED WITH NEW TRUSTEES WHEN THEY COME ON THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION AND APPROVAL PROCESS IS THROUGH THE HUMAN RESOURCE COMMITTEE OF THE BOARD OF TRUSTEES FOR BOTH THE ORGANIZATION'S DIRECTLY PAID EMPLOYEES AND THROUGH THE CITY OF MEMPHIS FOR THE GRANT FUNDED EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 18 AVAILABLE ON GUIDESTAR AND UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 92,758. MANAGEMENT AND GENERAL EXPENSES 648,871. FUNDRAISING EXPENSES 37,403. TOTAL EXPENSES 779,032. FORM 990, PART XI, LINE 9: GRANT EXPENSES INCLUDED IN GRANT REVENUE -66,005. FORM 990, PART XI, ITEM 2C THE BOARD OF TRUSTEES SELECTS AND APPROVES THE AUDITOR, AND ANNUALLY APPROVES THE AUDITED FINANCIAL STATEMENTS. THERE HAS BEEN NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR. CITY OF MEMPHIS DIVISION OF PARK SERVICES 125 N MAIN ST MEMPHIS TN 38103 CITY GOVERNMENT TN 501A NONE DIVISION OF PARK SERVICES 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CITY OF MEMPHIS DIVISION OF PARK SERVICES P CASH SCHEDULE R, PG 3, PART V, LINE 2 THE MUSEUM RECEIVES IN-KIND DONATIONS THROUGHOUT THE YEAR. REFERENCE THE SCHEDULE D FINANCIAL STATEMENT RECONCILIATION OF DONATED SERVICES AND USE OF FACILITIES.