Totals
- Total revenue
- $9,841,959
- Total expenses
- $9,223,136
- Contributions and grants received
- $3,010,888
- Grants paid
- $0
- Program service revenue
- $2,524,053
- Investment income
- $4,393,895
- Other revenue
- -$86,877
- Total assets, end of year
- $62,369,455
- Total liabilities, end of year
- $1,120,180
- Net assets or fund balances, end of year
- $61,249,275
- Program services expenses (Part IX)
- $6,500,919
- Management and general expenses
- $1,818,053
- Fundraising expenses
- $904,164
- Program service expenses (Part III)
- $6,500,919
Program services were 70.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$217,283
-
1c · Fundraising events
$799,217
-
1e · Government grants (contributions)
$101,768
-
1f · All other contributions, gifts and grants
$1,892,620
-
1g · Noncash contributions included above
$86,098
-
2a · Program service revenue: MUSEUM ADMISSIONS
total $2,438,911 · related or exempt $2,438,911
-
2b · Program service revenue: EDUCATION PROGRAM REVENUE
total $85,142 · related or exempt $85,142
-
3 · Investment income
total $606,111 · excluded $606,111
-
6a · Gross rents
real property $117,450
-
6b · Less rental expenses
real property $1,483
-
6c · Rental income or loss
real property $115,967
-
6d · Net rental income or loss
total $115,967 · excluded $115,967
-
7a · Gross sales of assets other than inventory
securities $19,137,090
-
7b · Less cost or other basis and sales expenses
securities $15,349,306
-
7c · Gain or loss
securities $3,787,784
-
7d · Net gain or loss
total $3,787,784 · excluded $3,787,784
-
8a · Fundraising events: gross income
$72,284
-
8a · Fundraising events: contributions included on line 1c
$799,217
-
8b · Fundraising events: direct expenses
$602,966
-
8c · Net income from fundraising events
total -$530,682 · excluded -$530,682
-
10a · Gross sales of inventory
$400,938
-
10b · Cost of goods sold
$344,838
-
10c · Net income from sales of inventory
total $56,100 · related or exempt $56,100
-
11a · Other revenue: INSURANCE PROCEEDS
total $270,055 · excluded $270,055
-
11b · Other revenue: MISCELLANEOUS
total $1,683 · related or exempt $1,683
-
11e · Other revenue, total
$271,738
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $455,971 · program services $231,832 · management and general $112,070 · fundraising $112,069
-
7 · Other salaries and wages
total $2,753,404 · program services $2,301,734 · management and general $265,139 · fundraising $186,531
-
9 · Other employee benefits
total $318,434 · program services $230,282 · management and general $49,474 · fundraising $38,678
-
10 · Payroll taxes
total $233,322 · program services $184,195 · management and general $27,318 · fundraising $21,809
-
11b · Fees: legal
total $16,845 · management and general $16,845
-
11c · Fees: accounting
total $64,630 · management and general $64,630
-
11f · Fees: investment management
total $207,309 · management and general $207,309
-
11g · Fees: other
total $592,656 · program services $444,662 · management and general $65,021 · fundraising $82,973
-
12 · Advertising and promotion
total $267,676 · program services $193,204 · management and general $28,406 · fundraising $46,066
-
13 · Office expenses
total $231,674 · program services $114,900 · management and general $63,956 · fundraising $52,818
-
14 · Information technology
total $197,674 · program services $98,836 · management and general $49,419 · fundraising $49,419
-
16 · Occupancy
total $1,026,658 · program services $770,585 · management and general $102,429 · fundraising $153,644
-
17 · Travel
total $16,568 · program services $4,141 · management and general $6,628 · fundraising $5,799
-
19 · Conferences, conventions and meetings
total $13,825 · program services $3,456 · management and general $5,530 · fundraising $4,839
-
22 · Depreciation, depletion and amortization
total $867,045 · program services $736,988 · management and general $86,705 · fundraising $43,352
-
23 · Insurance
total $429,290 · program services $334,687 · management and general $37,841 · fundraising $56,762
-
24a · Other expenses: LOSS ON ASSET DISPOSAL
total $629,333 · management and general $629,333
-
24b · Other expenses: CURATORIAL EXPENSES
total $568,341 · program services $566,662 · fundraising $1,679
-
24c · Other expenses: EDUCATION
total $205,544 · program services $205,544
-
24d · Other expenses: CREDIT CARD PROCESSING
total $126,937 · program services $79,211 · fundraising $47,726
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $511,175 · end of year $695,089
-
3 · Pledges and grants receivable
beginning of year $1,337,473 · end of year $1,200,226
-
4 · Accounts receivable
beginning of year $79,017 · end of year $73,945
-
8 · Inventories for sale or use
beginning of year $81,274 · end of year $114,428
-
9 · Prepaid expenses and deferred charges
beginning of year $478,535 · end of year $958,677
-
10a · Land, buildings and equipment: cost or other basis
$40,524,477
-
10b · Land, buildings and equipment: accumulated depreciation
$15,750,103
-
10c · Land, buildings and equipment, net
beginning of year $24,134,631 · end of year $24,774,374
-
11 · Investments: publicly traded securities
beginning of year $25,384,472 · end of year $24,020,241
-
12 · Investments: other securities
beginning of year $8,037,384 · end of year $9,110,633
-
15 · Other assets
beginning of year $1,555,826 · end of year $1,421,842
-
17 · Accounts payable and accrued expenses
beginning of year $677,914 · end of year $631,489
-
19 · Deferred revenue
beginning of year $405,869 · end of year $488,691
-
27 · Net assets without donor restrictions
beginning of year $37,209,682 · end of year $36,850,735
-
28 · Net assets with donor restrictions
beginning of year $23,306,322 · end of year $24,398,540
Listed in Part VII
-
DAVID BRENNEMAN
CEO/EXECUTIVE DIRECTOR
- Total calculated
- $116,809
- From this org
- $105,400
- From related orgs
- $0
- Other
- $11,409
- Hours/week
- 50
-
BENJAMIN SIMONS
CEO/EXECUTIVE DIRECTOR - FORMER
- Total calculated
- $158,373
- From this org
- $156,433
- From related orgs
- $0
- Other
- $1,940
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $156,433
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $1,940
- Filer's total
- $158,373
-
JOSEPH RUDDER
CFO/COO
- Total calculated
- $192,820
- From this org
- $186,446
- From related orgs
- $0
- Other
- $6,374
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $186,446
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $6,374
- Filer's total
- $192,820
-
SUSAN WILLETTS
CO-TREASURER & CHAIR-ELECT
- Total calculated
- $0
- Hours/week
- 10
-
ALAN SHERIFF
CO-TREASURER
- Total calculated
- $0
- Hours/week
- 10
-
REBECCA G OGDEN
SECRETARY
- Total calculated
- $0
- Hours/week
- 10
-
JOHN J NEELY III
LEGAL COUNSEL
- Total calculated
- $0
- Hours/week
- 10
-
JOSH KELLER
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 10
-
KENDALL M MCCURRY
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 10
-
TOM REILLY
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 10
-
VINCENT WEST
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 10
-
SWANN SEILER
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 10
-
KERRY BREITBART
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
JOHN E CAY IV
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
DOLLY R CHISHOLM ESQ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
LEDA CHONG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
MEREDITH R DULANY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
RONALD GANTT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
CHARLES A HINNANT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
DAVID C JOHNSON JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
CATHERINE V JOHNSTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
LORI JUDGE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
RICHARD C KESSLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
DIANE VS LEVY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
PAMELA LEWANDA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
LESLIE B LITTLEJOHN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
QUENTIN L MARLIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
ROGER MOSS JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
NANCY REARDON-SAYER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
CB RICHARDSON III
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
KIMBERLY SMITH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
COURTLAND STEVENS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
MARTI B SULLIVAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
STEPHEN D TAYLOR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
KIMBERLY BALLARD-WASHINGTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
MATTHEW A WEST
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Health or social club dues or initiation fees
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 1b · Written policy on the line-1a expenses
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- THE TELFAIR DIRECTOR BELONGS TO CHATHAM CLUB (A DINING CLUB) WITH DUES OF $85 A MONTH PAID BY THE TELFAIR MUSEUM OF ART, INC. THE DINING CLUB IS USED SOLELY FOR BOARD COMMITTEE AND BUSINESS MEETINGS/LUNCHES.
- PART I, LINE 1B
- THERE IS NO WRITTEN POLICY REGARDING PAYMENT OR REIMBURSEMENT OF THE CLUB DUES AS THE CHATHAM CLUB DIRECTLY BILLS THE TELFAIR. IT IS PAID ONCE IT HAS BEEN APPROVED BY THE DIRECTOR.
- PART I, LINE 3
- THE EXECUTIVE COMMITTEE REVIEWS COMPENSATION SURVEYS OF SIMILAR ORGANIZATIONS AS WELL AS OTHER SIMILAR ORGANIZATIONS' FORM 990S AND DETERMINES THE AMOUNT TO PRESENT TO THE BOARD OF TRUSTEES. THE BOARD APPROVES THE AMOUNT DETERMINED BY THE EXECUTIVE COMMITTEE.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513219349327666
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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