2024-05-31T06:37:58-05:00 2023-12-31 141918990 TEMPLETON & COMPANY LLP 222 LAKEVIEW AVENUE SUITE 1200 WEST PALM BEACH FL 33401 990 2023-01-01 130873838 THE HENRY MORRISON FLAGLER MUSEUM INC HENR 5616552833 PO BOX 969 PALM BEACH FL 334800969 JOHN BLADES EXECUTIVE DIRECTOR 5616552833 2024-05-31 1 JOHN BLADES XXX-XX-XXXX 1 RICHARD JUBACK P00630706 5617989988 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z JOHN BLADES PO BOX 969 PALM BEACH FL 334800969 16813182 0 X WWW.FLAGLERMUSEUM.US X 1959 FL THE MISSION OF THE HENRY MORRISON FLAGLER MUSEUM IS TO PRESERVE AND INTERPRET WHITEHALL, HENRY FLAGLER'S LEGACY, AND AMERICA'S GILDED AGE, IN WAYS THAT INSPIRE EVERY GENERATION TO PERPETUATE AND EMULATE THE TRADITIONS AND VALUES THAT HAVE MADE AMERICA THE MOST PROSPEROUS AND GENEROUS NATION IN HISTORY. 8 8 71 19 0 0 1427035 2067452 1869836 3003165 2321924 2494162 149160 224275 5767955 7789054 0 0 0 0 2718643 2979360 0 0 511466 2869077 3269730 5587720 6249090 180235 1539964 53779600 60097670 6226407 6238638 47553193 53859032 X THE MISSION OF THE HENRY MORRISON FLAGLER MUSEUM IS TO PRESERVE AND INTERPRET WHITEHALL, HENRY FLAGLER'S LEGACY, AND AMERICA'S GILDED AGE, IN WAYS THAT INSPIRE EVERY GENERATION TO PERPETUATE AND EMULATE THE TRADITIONS AND VALUES THAT HAVE MADE AMERICA THE MOST PROSPEROUS AND GENEROUS NATION IN HISTORY. 0 0 2883315 1671276 THE FLAGLER MUSEUM IS AN EDUCATIONAL INSTITUTION DEDICATED TO PRESERVING A NATIONAL HISTORIC LANDMARK AND ITS ASSOCIATED COLLECTIONS FOR FUTURE GENERATIONS. EACH YEAR ABOUT 90,000 INDIVIDUALS VISIT THE MUSEUM TO LEARN ABOUT FLORIDA HISTORY AND AMERICA'S GILDED AGE. 639121 THE FLAGLER MUSEUM HOSTS ABOUT 4,000 NONPAYING SCHOOL CHILDREN EACH YEAR. CHILDREN ARE GIVEN THE OPPORTUNITY TO LEARN ABOUT FLORIDA HISTORY AND AMERICA'S GILDED AGE THROUGH DOCENT GUIDED SCHOOL GROUP TOURS. 1299671 1367120 THE MUSEUM FURTHER EDUCATES THE PUBLIC THROUGH TEMPORARY EXHIBITS, LECTURE SERIES, MUSIC SERIES, AN EXTENSIVE WEBSITE AND NUMEROUS PUBLICATIONS. 4822107 1 1 0 0 0 0 0 1 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 20 0 71 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 8 8 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X X JOHN BLADES 5616552833 ONE WHITEHALL WAY PALM BEACH FL 33480 KELLY M HOPKINS PRESIDENT 2.00 X X 0 0 0 GF ROBERT HANKE VICE PRESIDENT 2.00 X X 0 0 0 WILLIAM M MATTHEWS TREASURER 2.00 X X 0 0 0 THOMAS S KENAN III SECRETARY 2.00 X X 0 0 0 GEORGE GREGORY MATTHEWS TRUSTEE 2.00 X 0 0 0 RICHARD M KRASNO TRUSTEE 2.00 X 0 0 0 BARRY G HOYT TRUSTEE 2.00 X 0 0 0 JOHN M BLADES EXECUTIVE DIRECTOR 60.00 X X 294362 0 16623 BENJAMIN HILLMAN DIRECTOR OF EXTERNAL AFFAIRS 40.00 X 150183 0 11201 CHRISTINA BERNSTEIN DIRECTOR OF FINANCE 40.00 X 111187 0 2092 DAVID CARSON PUBLIC AFFAIRS DIRECTOR 40.00 X 104000 0 11201 659732 0 41117 4 0 1 0 0 956050 386316 725086 2067452 ADMISSIONS 713990 1636045 1636045 MEMBER EVENTS 713990 1253050 1253050 PROGRAM INCOME 713990 114070 114070 3003165 1506926 1506926 9542891 8458260 97395 1084631 -97395 987236 987236 1080 12411 -11331 -11331 656437 456062 200375 200375 MISCELLANEOUS 713990 35231 35231 35231 7789054 3038396 0 2683206 659732 486038 122206 51488 1714542 1263139 317595 133808 87247 35350 41000 10897 345430 279103 36795 29532 172409 132005 26130 14274 34137 34137 125718 125718 7609 7609 199936 199936 96058 48359 47453 246 349659 257682 63812 28165 194717 143497 35535 15685 582154 579064 2370 720 273409 201488 49897 22024 MAINTENANCE CONTRACTS 583661 583661 PROGRAM EXPENSES 346257 346257 CONSERVATION SUPPLIES A 166362 166362 EDUCATION PROGRAMS 143211 143211 166842 156891 5260 4691 6249090 4822107 915517 511466 2279178 3237316 110152 81163 164191 197545 148329 139551 19498085 11625341 7943590 7872744 43048090 48546967 86070 22384 53779600 60097670 289787 297439 5936620 5941199 6226407 6238638 X 47438616 53776818 114577 82214 47553193 53859032 53779600 60097670 1539964 4765875 0 X X 0 1 X 1 0 X 1217627 1299647 1744900 1427035 2067452 7756661 1217627 1299647 1744900 1427035 2067452 7756661 7756661 1239064 956810 1215703 1256045 1506926 6174548 10580 3929 5555 13497 35231 68792 14000001 0.55400 0.56410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 1000000 1000000 13434755 7879124 5555631 4626504 3310209 1316295 436826 436008 818 7872744 NORTHERN TRUST SECURITIES 2299451 F NORTHERN TRUST ASSET MANAGEMENT 46247516 F 48546967 X 13062886 4765875 165202 468473 5399550 7663336 125718 125718 7789054 6757047 165202 468473 633675 6123372 125718 125718 6249090 PART III, LINE 1A: THE MUSEUM'S COLLECTION INCLUDES WHITEHALL, A RAILCAR, PERIOD ARTWORK, AND FURNISHINGS, ALL OF WHICH DEPICT THE LIFE AND TIMES OF HENRY MORRISON FLAGLER. EACH OF THE ITEMS IS CATALOGED, PRESERVED, AND CARED FOR, AND KEPT UNENCUMBERED, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. THE PROCEEDS FROM DEACCESSION OF COLLECTION ITEMS MAY BE USED FOR ACQUISITIONS OF NEW COLLECTION ITEMS OR THE DIRECT CARE OF EXISTING COLLECTIONS. THE MUSEUM ADHERES TO THE ETHICAL PRINCIPLES AND DEFINITION OF DIRECT CARE ESTABLISHED BY THE AMERICAN ALLIANCE OF MUSEUMS AND CONSIDERS DIRECT CARE TO ENTAIL ACTIONS THAT ENHANCE THE LIFE, USEFULNESS, OR QUALITY OF THE COLLECTION ITEMS TO ENSURE THEY WILL CONTINUE TO BENEFIT THE PUBLIC. THE MUSEUM'S COLLECTION MANAGEMENT POLICY INCLUDES CONSERVATION SERVICES, ARCHIVAL SERVICES, COLLECTIONS CARE INVESTMENTS IDENTIFIED THROUGH A CONSERVATION ASSESSMENT AND/OR PLAN, AND COLLECTION CARE TRAINING FOR STAFF AND VOLUNTEERS, AS ACTIVITIES THAT ARE CONSIDERED DIRECT CARE OF COLLECTION ITEMS. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IF PURCHASED WITH ASSETS WITHOUT DONOR RESTRICTIONS AND AS DECREASES IN NET ASSETS WITH DONOR RESTRICTIONS IF PURCHASED WITH DONOR-RESTRICTED ASSETS. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED ON THE STATEMENT OF ACTIVITIES BASED ON THE ABSENCE OR EXISTENCE AND NATURE OF DONOR-IMPOSED RESTRICTIONS. THE COLLECTION ITEMS SOLD DURING THE YEARS ENDED DECEMBER 31, 2023 AND 2022 WERE NOT MATERIAL TO THE FINANCIAL STATEMENTS. PART X, LINE 2: THE MUSEUM IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE FINANCIAL STATEMENTS. THE MUSEUM IS REQUIRED TO OPERATE IN CONFORMITY WITH THE PROVISIONS OF THE INTERNAL REVENUE CODE (IRC) TO MAINTAIN ITS EXEMPT STATUS. IRC SECTION 170(B)(1)(A)(VI) ALLOWS DONORS A DEDUCTION FOR CONTRIBUTIONS. MANAGEMENT ANALYZES TAX POSITIONS IN JURISDICTIONS WHERE IT IS REQUIRED TO FILE INCOME TAX RETURNS. INTEREST AND PENALTIES ATTRIBUTABLE TO INCOME TAXES, IF ANY, ARE INCLUDED IN OPERATING EXPENSES. NO SUCH INTEREST OR PENALTIES WERE RECORDED FOR THE YEARS 2023 OR 2022. BASED ON ITS EVALUATION, MANAGEMENT DID NOT IDENTIFY ANY TAX POSITIONS FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL SIGNIFICANTLY INCREASE OR DECREASE. THE MUSEUM IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSE MUSEUM STORE AND CAFE EXPENSE 456,062. EVENT REFRESHMENTS AND EVENT SUPPORT 12,411. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSE MUSEUM STORE AND CAFE EXPENSE 456,062. EVENT REFRESHMENTS AND EVENT SUPPORT 12,411. X X 0 0 0 0 0 0 0 0 0 JOHN M BLADES EXECUTIVE DIRECTOR 294362 0 0 0 0 0 0 0 16623 0 310985 0 0 0 BENJAMIN HILLMAN DIRECTOR OF EXTERNAL AFFAIRS 150183 0 0 0 0 0 0 0 11201 0 161384 0 0 0 A PALM BEACH COUNTY FLORIDA 696547CQ9 2003-04-03 9000000 SEE SCHEDULE O 0 0 0 A 0 0 0 0 A 0 0 0 0 0 0 0 A 0 0 0 0 1 1 THE NORTHERN TRUST COMPANY 10.000000000000 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING DIRECTORS HAVE FAMILY CONNECTIONS: GEORGE G. MATTHEWS, G.F. ROBERT HANKE, WILLIAM M. MATTHEWS, THOMAS S. KENAN, III, AND KELLY HOPKINS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES HAS AUTHORIZED OFFICERS OF THE BOARD AS WELL AS THE EXECUTIVE DIRECTOR TO REVIEW, APPROVE, AND FILE FORM 990 ON BEHALF OF THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES WILL BE SUPPLIED WITH A COPY OF FORM 990 AT A SUBSEQUENT BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C REVIEWED AT BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 THE FLAGLER MUSEUM BOARD OF TRUSTEES USES COMPENSATION STUDIES FROM VARIOUS PROFESSIONAL ORGANIZATIONS SUCH AS THE AMERICAN ALLIANCE OF MUSEUMS AND THE ASSOCIATION OF ART MUSEUM DIRECTORS SALARY SURVEY AS A BASIS FOR COMPENSATION OF MUSEUM DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S OVERSIGHT POLICY HAS NOT CHANGED. UNDER THE OVERSIGHT OF THE AUDIT AND INVESTMENT COMMITTEE, THE INVESTMENTS ARE PROFESSIONALLY MANAGED BY ONE OF THE LARGEST MONEY CENTER BANKS IN THE UNITED STATES.