2026-07-15T12:48:53-05:00 2025-12-31 510076769 GUNNIP & COMPANY LLP 2751 CENTERVILLE RD STE 300 WILMINGTON DE 19808 990 2025-01-01 510065746 DELAWARE ART MUSEUM INC DELA 3025719590 2301 KENTMERE PARKWAY WILMINGTON DE 19806 DENISE DAVIS CHIEF FINANCIAL OFFICER 3024281720 2026-07-15 1 KATHERINE L SILICATO CPA P00543107 3022255000 2025 2025-03-06 01:10:19Z DENISE DAVIS 2301 KENTMERE PKWY WILMINGTON DE 19806 27190838 0 X WWW.DELART.ORG X 1912 DE COLLECT,PRESERVE,EXHIBIT, & INTERPRET WORKS OF ART 27 27 68 94 0 0 4163760 5323988 515040 523182 2013884 2136267 -366589 -486013 6326095 7497424 0 0 0 0 2330584 2465223 0 0 615079 3829856 4000546 6160440 6465769 165655 1031655 54094741 57216917 3355354 2760466 50739387 54456451 THE MUSEUM'S MISSION IS TO CONNECT PEOPLE TO ART, OFFERING AN INCLUSIVE AND ESSENTIAL COMMUNITY RESOURCE THAT THROUGH ITS COLLECTIONS, EXHIBITIONS, AND PROGRAMS GENERATES CREATIVE ENERGY THAT SUSTAINS, ENRICHES, EMPOWERS, AND INSPIRES. 0 0 3528639 168726 CURATORIAL EXPENSES FOR THE CONSERVATION & EXHIBITION OF ART 969391 403301 EDUCATION/ENGAGEMENT 4498030 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 143 0 1 68 1 0 0 0 0 0 1 1 0 0 0 0 X 27 27 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X X X STACEY HARTNETT 3023518533 2301 KENTMERE PKWY WILMINGTON DE 19806 KATHLEEN MATT FIRST VICE PRESIDENT 1.00 X X 0 0 0 RICHARD FITZGERALD SECOND VICE PRESIDENT 1.00 X X 0 0 0 GERRET VAN S COPELAND CHAIRMAN 1.00 X X 0 0 0 JOSHUA TWILLEY ASST TREASURER 1.00 X X 0 0 0 DAVID POLLACK ASST SECRETARY 1.00 X X 0 0 0 CHRISTINE MORITZ PRESIDENT 1.00 X X 0 0 0 BARAK BASSMAN SECRETARY 1.00 X X 0 0 0 THOM SHUMOSIC TREASURER 1.00 X X 0 0 0 JEANANA LLOYD TRUSTEE 1.00 X 0 0 0 RONALD VARNEY TRUSTEE 1.00 X 0 0 0 DAVID CULLMAN TRUSTEE 1.00 X 0 0 0 PHYLLIS WOOLLEY MOBLEY TRUSTEE 1.00 X 0 0 0 FATIMAH CONLEY TRUSTEE 1.00 X 0 0 0 ERIC SMITH TRUSTEE 1.00 X 0 0 0 DAVE ALLMAN TRUSTEE 1.00 X 0 0 0 CHRISTOPHER SAVAGE TRUSTEE 1.00 X 0 0 0 DANIEL COLE TRUSTEE 1.00 X 0 0 0 JAN JESSUP TRUSTEE 1.00 X 0 0 0 LINDSEY DISABATINO TRUSTEE 1.00 X 0 0 0 ALYSSA S O'CONNELL TRUSTEE 1.00 X 0 0 0 JENNIFER FULTON TRUSTEE 1.00 X 0 0 0 SUSAN THOMAS TRUSTEE 1.00 X 0 0 0 BARBARA GOETZ TRUSTEE 1.00 X 0 0 0 OTIS ROBERTSON TRUSTEE 1.00 X 0 0 0 DAPHNE SAWYER TRUSTEE 1.00 X 0 0 0 CHARLES DAVIDSON TRUSTEE 1.00 X 0 0 0 KEN ALDRIDGE TRUSTEE 1.00 X 0 0 0 MOLLY GIORDANO EXECUTIVE DIRECTOR 40.00 X 186158 0 23014 DENISE DAVIS CHIEF FINANCIAL OFFICER 24.00 X 80816 0 4041 266974 0 27055 1 0 1 0 DISABATINO CONSTRUCTION 1 SOUTH CLEVELAND AVE WILMINGTON DE 19805 REMODELING 273300 ICORPS TECHNOLOGIES 300 TRADE CT STE 6540 WOBURN MA 01801 IT SERVICES 214964 CAPACITY INTERACTIVE CONSULTING PO BOX 500149 NEWARK NJ 07101 ADVERTISING 116999 DISABATINO LANDSCAPING 471 B O LANE WILMINGTON DE 19804 PAVING 116895 4 219796 168000 473644 4462548 268114 5323988 ENGAGEMENT 611710 354456 354456 ADMISSIONS 900099 137045 137045 CURATORIAL 900099 31681 31681 523182 983359 983359 19960878 18807970 1152908 1152908 1152908 108080 168000 107780 300 300 242506 777664 -535158 -535158 MISCELLANEOUS 900099 48845 48845 48845 7497424 1724935 0 448501 X 266974 266974 2198249 1529881 256891 411477 113623 93095 20528 107389 34640 49220 23529 718670 635240 64660 18770 164494 42000 122494 ALLOCATION OF MAINTENAN 862256 762158 77578 22520 PROGRAMS 639081 639081 OTHER 273352 86429 121470 65453 EXHIBITS 261109 261109 860572 414397 372845 73330 6465769 4498030 1352660 615079 314563 6547624 5722959 1570994 1038894 21998 3978 104214 131758 115954 279410 38281306 21678492 17025923 16602814 27547026 31839825 1161008 1282716 54094741 57216917 157793 145525 97561 127065 3100000 2487876 3355354 2760466 X 41479737 45143462 9259650 9312989 50739387 54456451 54094741 57216917 1031655 2685409 0 X X 0 1 X 1 0 X 4281861 3116137 5067480 4163760 5323988 21953226 253990 397903 477726 515040 523182 2167841 4535851 3514040 5545206 4678800 5847170 24121067 916192 672311 286049 265503 507884 2647939 0 916192 672311 286049 265503 507884 2647939 21473128 545494 738480 637767 782345 1026431 3730517 545494 738480 637767 782345 1026431 3730517 5081345 4252520 6182973 5461145 6873601 27851584 0.77100 0.77160 0.13390 0.12480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 31647934 2990065 4456009 3313475 35780533 30037939 1843857 2725449 2959311 31647934 27651099 2354844 2571249 2539253 30037939 34629122 1575501 -4467318 4527390 27209915 32025331 2437168 3681733 3515110 34629122 1 0 608260 608260 35337227 20001970 15335257 454737 93926 360811 1881082 1582596 298486 16602814 REFUNDABLE ADVANCES 2487876 2487876 X 10182833 2685409 2685409 7497424 0 7497424 6296742 0 6296742 169027 169027 6465769 PART V, LINE 4: ENDOWMENT EARNINGS ARE USED BY THE MUSEUM TO FUND MUSEUM OPERATIONS AND ART AND CAPITAL ACQUISITIONS. PART X, LINE 2: THE MUSEUM FOLLOWS FASB ASC 740 - INCOME TAXES. FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024, THE MUSEUM HAS DETERMINED IT DID NOT HAVE A MATERIAL TAX LIABILITY FOR UNCERTAIN TAX POSITIONS. PART XII, LINE 4B - OTHER ADJUSTMENTS: COLLECTION ACCESSION SCHEDULE D, PART III, LINE 4 THE MUSEUM HOUSES 12,820 WORKS OF ART, INCLUDING MAJOR COLLECTIONS OF AMERICAN ILLUSTRATION FOCUSED ON HOWARD PYLE AND ILLUSTRATORS OF THE BRANDYWINE VALLEY; THE LARGEST COLLECTION OF PRE-RAPHAELITE ART OUTSIDE THE UNITED KINGDOM; AND A SURVEY OF AMERICAN ART IN ALL MEDIA (1757-PRESENT). THE AMERICAN ART COLLECTION INCLUDES SIGNIFICANT HOLDINGS OF MODERN AMERICAN PAINTING BY JOHN SLOAN AND THE EIGHT, CONTEMPORARY AMERICAN ART FROM THE REGION, AND A SCULPTURE GARDEN WITH WORK BY NATIONALLY RECOGNIZED CONTEMPORARY ARTISTS. THE MUSEUM'S HELEN FARR SLOAN LIBRARY & ARCHIVES CONTAINS OVER 40,000 ART AND REFERENCE VOLUMES AS WELL AS OVER 2,000 LINEAR FEET OF ARCHIVAL MATERIAL RELATED TO THE COLLECTIONS. ART OF THE COCKTAIL 131965 96000 35965 19833 4714 10546 FALL FUNDRAISER 111215 58000 53215 18271 14205 21491 1 32900 14000 18900 13770 500 4450 276080 168000 108080 51874 19419 36487 107780 300 0 0 0 0 0 0 0 0 0 MOLLY GIORDANO EXECUTIVE DIRECTOR 186158 0 0 0 0 0 9651 0 13363 0 209172 0 0 0 X 37 X 10 268114 AVERAGE OF HIGH & LOW 0 1 0 FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE MUSEUM CONSIST OF PERSONS WHO PAY DUES ESTABLISHED FOR ANY CLASS OF MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A ANNUAL MEETINGS OF THE MEMBERSHIP ARE HELD TO VOTE ON THE ELECTION OF TRUSTEES AND REVIEW THE BUSINESS OF THE MUSEUM. FORM 990, PART VI, SECTION B, LINE 11B THE MUSEUM'S BY-LAWS GIVE RESPONSIBILITY FOR OVERSEEING THE FILING OF FORM 990 TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. THE AUDIT COMMITTEE REVIEWS THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE MUST CERTIFY ANNUALLY THAT THEY HAVE REVIEWED THE ETHICS GUIDELINES FOR TRUSTEES AND DISCLOSE ANY POSSIBLE VIOLATION OF THE PRINCIPLES SET FORTH THEREIN. SIMILARLY, EVERY YEAR ALL EMPLOYEES MUST CERTIFY THAT THEY HAVE REVIEWED THE EMPLOYEE CODE OF ETHICS AND DISCLOSE ANY POSSIBLE VIOLATION OF THE PRINCIPLES SET FORTH THEREIN. ALL DISCLOSURES ARE REVIEWED BY THE AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE BY-LAWS REQUIRE THAT THE COMPENSATION FOR THE EXECUTIVE DIRECTOR BE SET BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. IN ESTABLISHING THE LEVEL OF COMPENSATION THE COMMITTEE FOLLOWS THE PROCESS DESCRIBED BELOW WHICH IS USED BY MANAGEMENT IN ESTABLISHING COMPENSATION FOR EMPLOYEES. A POSITION DESCRIPTION IS PREPARED AND PERIODICALLY UPDATED FOR EACH POSITION IN THE MUSEUM. COMPENSATION GUIDELINES FOR EACH POSITION ARE ESTABLISHED BY THE HUMAN RESOURCES MANAGER BY BENCHMARKING THE POSITIONS AGAINST THE SAME OR SIMILAR POSITIONS IN OTHER MUSEUMS AND/OR OTHER LOCAL ENTITIES WHICH EMPLOY INDIVIDUALS WHO WOULD COMPETE FOR THE POSITION (E.G., A DEVELOPMENT POSITION IN OTHER NOT-FOR-PROFIT ORGANIZATIONS WOULD COMPETE FOR A MUSEUM DEVELOPMENT POSITION). SALARY RANGE BENCHMARKS ARE ESTABLISHED BY USING SURVEYS CONDUCTED BY THE ASSOCIATION OF ART MUSEUM DIRECTORS (AAMD), AND SURVEYS OF LOCAL NOT-FOR-PROFIT ORGANIZATIONS. THE MUSEUM ENDEAVORS TO SET EACH EMPLOYEE'S SALARY WITHIN THE SALARY RANGE BASED ON THE EMPLOYEES DEMONSTRATED LEVEL OF COMPETENCIES FORM 990, PART VI, SECTION C, LINE 19 THE MUSEUM'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON ITS WEBSITE. THE MUSEUM'S FORM 990, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST STATEMENT ARE AVAILABLE ON REQUEST. FORM 990, PART IX, LINE 24E CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 33,712. MANAGEMENT AND GENERAL EXPENSES 153,395. FUNDRAISING EXPENSES 70,065. TOTAL EXPENSES 257,172. COLLECTION ACCESSIONS: PROGRAM SERVICE EXPENSES 169,027. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 169,027. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 25,726. MANAGEMENT AND GENERAL EXPENSES 125,950. FUNDRAISING EXPENSES 3,250. TOTAL EXPENSES 154,926. MAINTENANCE: PROGRAM SERVICE EXPENSES 74,505. MANAGEMENT AND GENERAL EXPENSES 60,768. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 135,273. CONSERVATION AND COLLECTION CARE: PROGRAM SERVICE EXPENSES 69,502. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 69,502. PRINTING: PROGRAM SERVICE EXPENSES 22,792. MANAGEMENT AND GENERAL EXPENSES 15,193. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,985. POSTAGE AND SHIPPING: PROGRAM SERVICE EXPENSES 19,133. MANAGEMENT AND GENERAL EXPENSES 17,539. FUNDRAISING EXPENSES 15. TOTAL EXPENSES 36,687. PART XII, LINE 2C EXPLANATION THE PROCESS FOR OVERSIGHT OF THE AUDITED FINANCIAL STATEMENTS AND SELECTING THE OUTSIDE INDEPENDENT AUDITORS HAS NOT CHANGED FROM THE PRIOR YEAR