|
Click on your browser's "Print" button. |
||
|
14.30 ACQUISITIONS TO THE ART MUSEUM COLLECTION Effective: July 17, 1996 PURPOSE: AUTHORITY/SOURCE:
POLICY: It is the policy of The
Art Museum, that in the transfer of property, said property is to be
free of all liens and encumbrances and that the donor/seller gives,
transfers, assigns and delivers all the donor's/seller's rights, title
and interest in and to the property as well as any and all copyright
and literary rights in and to said work(s), as an unrestricted gift
to The Art Museum at Florida International University, thus becoming
the sole property of and for the benefit of The Art Museum at Florida
International University.As part of a not-for-profit educational tax
exempt organization, acquisitions to the collections of The Art Museum
are held in public trust, and as such are bound by the laws governing
the University, the state of Florida and the laws of the land as well
as ethical guidelines established by recognized professional organizations
such as the American Association of Museums (AAM). In particular, with
regard to sale or transfer, Florida Statute Section 15. Section 240.52
shall apply and state: "In the sale or exchange of art works, no
employee, representative, or agent of the university shall receive a
commission, fee or financial benefit in connection with the sale or
exchange of a work of art, art history or natural The Art Museum is tax exempt and gifts or donations are deductible by the individual in accordance with policies of the Internal Revenue Service (IRS). Also, art works purchased by individuals for the purpose of long-term loan The Art Museum may be exempt from use-tax (see Florida Statute 212.08(7)dd). It is the policy of The Art Museum at FIU not to perform or provide appraisal of any work(s) of art or other items that either may or may not accede to its collection. The Art Museum shall require donors to provide a copy of appraisals of donated items made for purposes of tax deductions. In the case of gifts, a monetary value may be assigned by The Art Museum for internal purposes only such as insurance, and shall be determined by comparative price and information about related sales sought from a variety of sources. Under no circumstances will The Art Museum purchase collections for resale nor does The Art Museum normally acquire collections for resale through donations or bequests. However, should items be donated for the purposes of resale, this must be clearly stated in the Deed of Conveyance and the donor is to be apprised of IRS regulations regarding tax deductions for donations made for resale. In addition to the policies and procedures for acquisitions, items acquired for resale must also be approved by the University President and all proceeds shall be used for acquisitions to the collections and any applicable policies and procedures for the deaccessioning of collections will apply. PROCEDURE: Those involved in the acquisition process must at all times weigh carefully the intention of all donors/sellers in the broadest sense, the interests of the public, the interests of the artistic, scholarly and cultural community and the institution's own financial well-being. Also, all factors including size, extent of objects, value, costs of maintenance, restrictions on use, etc. should be considered in all acquisition decisions. Therefore, objects to be acquired by The Art Museum shall be reviewed with regard to but not limited to the following procedures and judgements. 1. Knowledge of the
physical object. There should be first-hand visual knowledge of
the original object 2. Quality. The quality authenticity of the object shall be determined through careful comparison with the best works in the permanent Collection and with comparable works elsewhere in terms of style, technique, aesthetic, cultural or historic merit, condition, documentation, etc. 3. Significance to
the Collection. It is the responsibility of The Art Museum to assure
that the work enhances the Strength of the Collection. It is important
that how a new acquisition complements or contributes to the existing
4. Condition of the
Art Work (object). It is the responsibility of The Art Museum to
provide the resources and services to assure the proper care, maintenance
and preservation of The Art Museum Collection object(s). The 5. Provenance. The history of ownership shall be established as far as possible. The Art Museum shall take reasonable precautions to assure itself that any object it acquires has not been recently removed from its country of origin (or from the country where it was last legally owned) in violation of that country's laws. 6. Title. The Art Museum shall ascertain, with the advice and approval of the University Attorney the precise nature of title (including issues of provenance) in the considered acquisition and acquire, when possible, all copyright privileges. 7. Conditions of Donations. Ideally, no object should be acquired with restrictions limiting its use or disposal. If, in certain instances, it is decided to acquire an object to which restrictions have been attached by the seller or donor, all restrictions must be written in the instrument of conveyance and be reviewed and approved by the Director of The Art Museum, The Museum Advisory Committee, the University Attorney, and the President. Records and Documentation. The Art Museum is responsible for preparing and maintaining all original records and documentation (manual and electronic) associated with the acquisition of Collection. These records shall include, but not limited to the following. 1. Deed of Conveyance. The written Deed of Conveyance shall constitute the legal record of transfer of title of property to The Art Museum. It shall include all conditions governing the transfer of title from the donor/seller to The Art Museum. Two original copies will be prepared and signed and dated by the Director of The Art Museum and the donor/seller. One original copy will be deposited and maintained by The Art Museum, and one original copy will be given to the donor/seller. A copy of the original Deed of Conveyance and a copy of appraisal document provided by the donor will be forwarded to the Office of Advancement in order to establish the legal audit trail. For acquisitions valued over $500, a copy of the original Deed of Conveyance will be forwarded to Property Control Department. 2. Accession Record Number. All new acquisitions shall be described and recorded in an Accession Log Book and assigned an Accession number and/or Donor number. 3. Registration Records.
Registration records of accessioned objects shall include, but not be
limited to 4. Object File.
All registration and curatorial information and documentation associated
with collection 5. Donor File. The Art Museum shall prepare and maintain general information on donors and donations made to The Art Museum. 6. Inventory. The
Registrar for The Art Museum shall be responsible for maintaining a
current inventory of all The Art Museum collections. The inventory shall
be updated annually with minimum information to include |
|
|
|||
|
Page
last updated:
April 11, 2002
|
|||