2025-11-17T10:12:28+00:00 2024-12-31 440160260 Forvis Mazars LLP 500 Ridgefield Court Asheville NC 28806 990 2024-01-01 620943809 Dixon Gallery and Gardens DIXO 9017615250 4339 Park Avenue Memphis TN 38117 KEVIN SHARP DIRECTOR 9017615250 2025-11-17 true Amy Bibby P00445891 8282542254 2025-11-07 2024 2025-03-06 01:10:19Z KEVIN SHARP 4339 Park Avenue Memphis TN 38117 7537932 false X WWW.DIXON.ORG X 1975 TN MAINTAIN & OPERATE ART GALLERY & GARDENS FOR BENEFIT, EDUCATION, & ENJOYMENT OF THE PUBLIC. 44 44 48 100 0 5620907 7071340 145592 209871 0 0 357480 256721 6123979 7537932 0 0 0 0 2637798 2898411 0 0 229903 3809316 3662819 6447114 6561230 -323135 976702 9661179 10509458 1821013 1692590 7840166 8816868 OPERATE AND MAINTAIN AN ART Gallery FOR THE EXHIBITION AND DISPLAY OF PAINTINGS, OTHER ART, AND GARDENS FOR THE BENEFIT, EDUCATION AND ENJOYMENT OF THE PUBLIC. false false 5759831 285992 OPERATE AND MAINTAIN AN ART Gallery FOR THE EXHIBITION AND DISPLAY OF PAINTINGS, OTHER ART, AND GARDENS FOR THE BENEFIT, EDUCATION AND ENJOYMENT OF THE PUBLIC. 5759831 true true false false false false false true false true true false false false true true true false false false false false false false false false false false false true false false false false false false false false false true true true false false false true true true false false true 49 0 true 48 true false false false false false false false false false false false false X 44 44 true false false false true true false true true false false false false true true true true true true false false false TN X GAIL HOPPER 9017615250 4339 Park Avenue Memphis TN 38117 Allen B Morgan Jr Trustee 1.0 X 0 0 0 Amanda E Goetze President 1.0 X 0 0 0 Amy Dudek Trustee 1.0 X 0 0 0 Anne Orgill Keeney Trustee 1.0 X 0 0 0 Barbara C Williamson Trustee 1.0 X 0 0 0 Ben C Adams Jr Trustee 1.0 X 0 0 0 Bernice Hussey Trustee 1.0 X 0 0 0 Brandon Garrott Morrison Trustee 1.0 X 0 0 0 Brian Dotson Trustee 1.0 X 0 0 0 C Penn Owen III Trustee 1.0 X 0 0 0 Christine P Richards Trustee 1.0 X 0 0 0 D Stephen Morrow Trustee 1.0 X 0 0 0 Darnell Settles III Trustee 1.0 X 0 0 0 Dr R Lemoyne Robinson Trustee 1.0 X 0 0 0 E Elkan Scheidt Trustee 1.0 X 0 0 0 Elizabeth Farnsworth Trustee 1.0 X 0 0 0 Essie Arrindell Williams Trustee 1.0 X 0 0 0 Estella Mayhue-Greer Trustee 1.0 X 0 0 0 G Douglas Edwards Trustee 1.0 X 0 0 0 Gaylon C Fitzpatrick Trustee 1.0 X 0 0 0 Gil Uhlhorn Treasurer 1.0 X 0 0 0 Hardy Todd Trustee 1.0 X 0 0 0 Harriet Boyle McFadden Trustee 1.0 X 0 0 0 Harsh Kumar Trustee 1.0 X 0 0 0 Heather Koury Trustee 1.0 X 0 0 0 J Kenneth Marston Jr Trustee 1.0 X 0 0 0 Jack R Blair Trustee 1.0 X 0 0 0 Joshua S Lipman Trustee 1.0 X 0 0 0 Larry Crawford Secretary/Counsel 1.0 X 0 0 0 Markova Reed Anderson Trustee 1.0 X 0 0 0 Michael E Keeney Trustee 1.0 X 0 0 0 Rob Campbell Trustee 1.0 X 0 0 0 Rob Park Trustee 1.0 X 0 0 0 Ruth Price Bowlin Trustee 1.0 X 0 0 0 Sharon Johnson Wheeler Trustee 1.0 X 0 0 0 Stephen C Reynolds Trustee 1.0 X 0 0 0 Susan Adler Thorp Trustee 1.0 X 0 0 0 Suzanne Mallory Trustee 1.0 X 0 0 0 Thomas C Adams Jr Trustee 1.0 X 0 0 0 Vernon H Stafford Jr Chair 1.0 X 0 0 0 W Neely Mallory III Trustee 1.0 X 0 0 0 W Neely Mallory Jr Trustee 1.0 X 0 0 0 W Reid Sanders Trustee 1.0 X 0 0 0 Willis H Willey III Trustee 1.0 X 0 0 0 Gail Hopper Chief Financial Officer 40.0 X 100103 0 14949 Kevin Sharp Executive Director 40.0 X 234527 0 57347 334630 0 72296 2 false true false 0 500072 2313000 4258268 311000 7071340 Admissions 900099 125000 125000 Various 900099 84871 84871 0 0 0 0 209871 180600 180600 0 180600 180600 0 0 76121 76121 76121 0 0 0 0 0 7537932 285992 0 180600 366085 124469 120808 120808 2142416 2007757 130042 4617 207089 176026 20709 10354 182821 155398 18282 9141 50366 50366 0 0 0 0 68513 68513 306783 245352 31615 29816 535598 437418 89260 8920 10243 7947 2296 8025 8025 765621 765621 114842 81904 32938 Gallery and Garden Expenses 1046312 993062 53250 Acquisition 468000 468000 Education 277533 228364 2922 46247 Miscellaneous 10983 10983 0 0 0 0 6561230 5759831 571496 229903 114288 281057 108043 45629 115606 692003 691175 817080 0 0 0 0 301426 335089 19924012 11585412 8330641 8338600 0 0 0 0 9661179 10509458 710113 567661 419145 303329 0 0 691755 821600 1821013 1692590 X 7437312 7796011 402854 1020857 7840166 8816868 9661179 10509458 976702 0 X false true false false X 5064550 5156875 5594438 5620907 7071340 28508110 0 0 5064550 5156875 5594438 5620907 7071340 28508110 13283042 15225068 47765 176882 167310 268275 180600 840832 0 0 0 0 0 0 0 29348942 722907 0.51876 0.53022 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X false 10020920 479336 306807 10807063 9122183 95000 803737 10020920 10222547 50000 -1150364 9122183 10032370 50000 140177 10222547 9966225 50012 16133 10032370 0.0 1.0 0.0 false true true 240000 240000 12841356 8652252 4189104 876590 776264 100326 5966066 2156896 3809170 8338600 Federal Income Taxes Due to Endowment 821600 821600 X 7537932 0 0 7537932 0 0 7537932 6561230 0 0 6561230 0 0 6561230 Schedule D, Part V, Line 1g DUe to the ACCOUNTING PROCEDURE for AUDITED FINANCIAL STATEMENTS, THE end of year ENDOWMENT TOTAL SHOWN ON SCHEDULE D, PART V, LINE 1G INCLUDES NET ASSETS WITH DONOR RESTRICTIONS AS WELL AS permanently RESTRICTED ASSETS. Schedule D, Part III, Line 1a Collections of art - financial statement footnote The Collections of the Gallery are comprised of more than 2000 works of art, including nineteenth and early twentieth-century European and American paintings, sculpture, and works on paper, eighteenth and nineteenth-century German and English porcelain, and eighteenth, nineteenth and twentieth-century European and American pewter. The Collections were acquired through bequests, gifts, and purchases since the museum's founding in 1976. Each object is catalogued and cared for, its existence is verified, and its condition is assessed on a regular basis. The collections are maintained for public exhibition, education, and research in furtherance of public service, rather than for financial gain. In conformity with accounting practices generally followed by art museums, the value of the Gallery's collections are not recognized as assets on the statement of financial position, and gifts of works of art are excluded from revenue in the statement of activities. Purchases of works of art by the Gallery are recorded as decreases in net assets in the statement of activities. Pursuant to Gallery policy, proceeds from the sale of works of art and related insurance settlements are recorded as temporarily restricted net assets for the acquisition of art. Schedule D, Part V, Line 4 Intended uses of endowment funds THE DIXON GALLERY AND GARDENS ENDOWMENT FUND (THE "ENDOWMENT FUND") WAS INCORPORATED FOR THE PURPOSE OF ACCEPTING CONTRIBUTIONS, HONORARIUMS, MEMORIALS AND BEQUESTS, WHETHER IN CASH OR IN KIND, WHICH ARE RECEIVED OR ALLOCATED WITH SPECIFIC REFERENCE THERETO, FOR THE BENEFIT OF THE DIXON GALLERY AND GARDENS (THE "GALLERY"). ALTHOUGH THE ENDOWMENT FUND'S BOARD HAS NOT EXPRESSED THE INTENTION TO DO SO, IT MAY, AT ITS DISCRETION, DISTRIBUTE FUNDS TO OTHER NOT-FOR-PROFIT ORGANIZATIONS. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Gallery is exempt from income tax under Section 501(c)(3) of the Internal Revenue Code; accordingly, the accompanying financial statements do not reflect a provision or liability for federal and state income taxes. The Gallery has determined that it does not have any material unrecognized tax positions as of December 31, 2024 and 2023. X X false true false false false false false false false Kevin Sharp Executive Director 204204 0 0 0 30323 0 0 40840 16507 0 251034 40840 0 0 Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan THE EXECUTIVE DIRECTOR, KEVIN SHARP, PARTICIPATED IN A DEFERRED COMPENSATION PLAN FOR 2024. THIS PLAN WAS FUNDED $40,840 BY THE DIXON GALLERY AND GARDENS ENDOWMENT FUND WHICH IS A RELATED ORGANIZATION. FedEx Corporation 1 Trustee is an executive of fedex corporation 46005 Dixon uses fedex for freight services false 6 311000 Market value 0 false false false Schedule M, Part I, Line 33 Noncash contribution amounts not reported IN CONFORMITY WITH ACCOUNTING PRACTICES GENERALLY FOLLOWED BY ART MUSEUMS, THE VALUE OF THE GALLERY'S COLLECTIONS ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION, AND GIFTS OF WORKS OF ART ARE EXCLUDED FROM REVENUE IN THE STATEMENT OF ACTIVITIES AS ALLOWED UNDER SFAS 116. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons William N. Mallory, III (Board Trustee), W. Neely Mallory, Jr. (Board Trustee), Suzanne Mallory (Board Trustee) - Family relationship, Michael E. Keeney (Board Trustee), Anne O. Keeney (Board Trustee) - Family relationship, Dr. L. Lemoyne Robinson (board trustee), Estella Mayhue-greer (Board Trustee) - Family relationship Form 990, Part VI, Line 6 Classes of members or stockholders THE CORPORATION SHALL HAVE ONE CLASS OF MEMBERS CONSISTING OF NOT LESS THAN THREE NOR MORE THAN NINE MEMBERS. UNLESS OTHERWISE DETERMINED BY THE MEMBERS, THE MEMBERS OF THE CORPORATION SHALL CONSIST OF THOSE INDIVIDUALS WHO, FROM TIME TO TIME, SERVE ON THE OPERATING COMMITTEE OF THE HUGO DIXON FOUNDATION ESTABLISHED PURSUANT TO THAT CERTAIN TRUST AGREEMENT BETWEEN HUGO N. DIXON AND THE MORGAN GUARANTY TRUST COMPANY OF NY DATED JULY 21, 1958, AS IT MAY BE AMENDED AND/OR RESTATED FROM TIME TO TIME. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body EACH MEMBER OF THE CORPORATION WHO IS ELECTED AND QUALIFIED SHALL BE A STANDING MEMBER OF THE BOARD OF TRUSTEES OF THE CORPORATION, AND EACH SHALL HAVE THE RIGHT TO VOTE UPON ALL MATTERS UPON WHICH THE BOARD OF TRUSTEES IS ENTITLED TO VOTE. Form 990, Part VI, Line 11b Review of form 990 by governing body THE AUDIT COMMITTEE, CHAIRMAN AND PRESIDENT OF THE BOARD OF DIRECTORS REVIEW THE FORM 990 DRAFT BEFORE THE RETURN IS FILED WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy DIXON TRUSTEES FILE WITH THE BOARD A STATEMENT DISCLOSING THEIR PERSONAL, BUSINESS OR ORGANIZATION INTERESTS AND AFFILIATIONS AND THOSE OF PERSONS CLOSE TO THEM THAT COULD BE CONSTRUED AS BEING DIXON-RELATED. DISCLOSURE STATEMENTS ARE UPDATED WHENEVER SIGNIFICANT CHANGES OCCUR. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE EMPLOYMENT OF THE DIRECTOR AS WELL AS SALARY WAS APPROVED BY THE EXECUTIVE COMMITTEE. AN EMPLOYMENT CONTRACT EXISTS FOR THE CURRENT DIRECTOR. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC IN ITS OFFICE AND UPON REQUEST. THE DIXON GALLERY AND GARDENS ENDOWMENT FUND 4339 PARK AVENUE MEMPHIS TN 38117 581973160 To accept funds for the sole benefit of Dixon Gallery and Gardens TN 501(c)(3) Type II Dixon Gallery and Gardens true false false true false true false false false false false false true false true true false true true false DIXON GALLERY AND GARDENS ENDOWMENT FUND C 2313000 DIXON GALLERY AND GARDENS ENDOWMENT FUND E 821600 DIXON GALLERY AND GARDENS ENDOWMENT FUND Q 65000