Heide Museum of Modern Art 2009 Annual Report Heide Museum of Modern Art 2009 Annual Report

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Contents 1. statement of purpose 1 2. honorary appointments 2

3. chairman & director’s report 3

4. cultural programming 6 4.1 exhibitions 4.2 heide public programs 4.3 heide education

5. commercial operations 14 5.1 heide store 5.2 visitor services 5.3 heide membership 5.4 heide café

6. heide collection 16 6.1 acquisitions 6.2 outward loans

7. facilities 20 7.1 maintenance 7.2 gardens

8. communications & marketing 22

9. development 24 9.1 heide foundation 9.2 heide partnerships

10. governance 29 10.1 board 10.2 human resources 10.3 risk management 10.4 Board Directors & Senior Management Personnel

11. staff & volunteers 35

12. financial statements 40

Front cover: Robert Rooney After Colonial Cubism (detail) 1993 Heide Museum of Modern Art, Purchased through the Heide Foundation with the assistance of the Heide Foundation Collectors’ Group and the Robert Salzer Fund 2008 1. vision & Mission Heide Museum of Modern Art 2009 Annual Report

1. Statement Heide aims to offer an inspiring, educational of Purpose and thought-provoking experience of modern and contemporary art, architecture and landscape.

1 2. Honorary Appointments Heide Museum of Modern Art 2009 Annual Report

2. Honorary Heide Patrons Appointments Terry Bracks Barbara Tucker

Heide Fellows Dr H Norman B Wettenhall AM 1988 (1915–2000) 1989 (1913–1992) Maria Prendergast OAM 1990 Baillieu Myer AC 1992 Loti Smorgon AO 1993 Victor Smorgon AC 1993 Dr Barrett Reid AM 1994 (1926–1995) Dr Tom Quirk 1995 Maudie Palmer AO 1997 Stephen Charles 1998 Christine Collingwood 1999 Albert Tucker AO 2000 (1914 –1999) Barbara Tucker 2000 Tom Lowenstein 2002 William J Forrest AM 2005 John Gollings 2006 Inge King 2006 Neil Everist 2007 2008 David Walsh 2009

2 3. Chairman & Heide Museum of Modern Art Director’s Report 2009 Annual Report

3. Chairman & 2009 was a period in which Heide practices, Heide joined Maroondah Art brought several years of capital works Gallery, McClelland Gallery + Director’s Report redevelopment to conclusion, tested Park, Monash Gallery of Art, Mornington ambitious new exhibition models, and Peninsula Regional Gallery, and Tarrawarra underwent further significant change Museum of Art in a forum focused on the within its organisational structure and development of strategies to aid each consolidation of its organisational culture. organisation’s operational sustainability. Senior Management reviewed Heide’s The completion of the new café facility in existing Vision and Mission Statements November 2009 after a construction phase and presented a replacement Statement of 10 months initiated a sophisticated of Purpose (which appears at the beginning major new public amenity for the Museum, of this Report) that was ratified by the and completed major capital works on site Board and adopted by the Museum in for the foreseeable future. December 2009. Chris Connell Design provided an elegant 2009 was the second year of implementation structure sensitive to Heide’s environment of the three year Corporate Plan—Heide that, through its floor to ceiling glass walls, SMart Strategy 2008–2010. The plan capitalises on the beauty of the gardens. It encompasses Heide’s long-term commitment is especially pleasing that the architecture to operating as a sustainable art museum of the café sits so easily between the through the application of various modernist structure of Heide II and the sustainable methodologies across the recent redevelopment of Heide III. Project Museum’s environmental, financial Management was managed expertly by and cultural objectives. 2009 presented Lateral Projects and Development (LPD), significant fiscal challenges as Heide’s led by Katherine Armstrong. Howard extensive operations and major capital McCorkell of McCorkell Construction, the project proceeded through the unpredictable builder of the facility, was integral to the effects of the Global Financial Crisis. timely delivery of the café. We also thank the Project Control Group—comprising 2009 was also a period of increased activity representatives of Arts , the Heide in the Museum’s milestone reporting Board and staff, private consultants and to Sustainability Victoria against the LPD—for its commitment to ensuring the Museum’s 2008 grant provided through realisation of the café on time and on the Sustainability Fund. A significant budget. From the Heide staff we would like development in Heide’s sustainable to acknowledge in particular the work of business practices included the formation Kirstee Macbeth (Deputy Director, Head of a Sustainability Leadership Forum of Development & Communications), Paula comprising the Directors and curators Greene (Business, Finance & Sustainability of a number of art museums and galleries Manager) and Paul Galassi (Facilities that share an outer-metropolitan or Manager), each of whom managed regional context. With the aim of sharing essential aspects of the redevelopment. information about best sustainable

3 3. Chairman & Heide Museum of Modern Art Director’s Report 2009 Annual Report

The partnership between Heide and the to take up a position in 2010 with exhibition models: Modern Times: The Stephanie Alexander Kitchen Garden the Council. Anna made an Untold Story of Modernism in Australia; Foundation (SAKGF) resulted in the Next outstanding contribution to the Museum and Cubism & Australian Art—the most Generation campaign that raised funds over a period of more than six years, and ambitious exhibition organised by Heide. towards the completion of the café and was especially important to the Museum’s We are most grateful for the ongoing for the vital educational and cultural recent major capital works projects. support of the Victorian Government change to which the SAKGF and Heide Kirstee Macbeth replaced Anna as Deputy through Arts Victoria and in particular are committed. The café redevelopment Director, and has extensive experience in the support of the Premier, The Hon. John was funded by many new and existing the development of corporate and private Brumby MP, and for the support of The Heide supporters and we would particularly partnerships within the museum sector, Hon. Lynne Kosky MP, Minister for the Arts. like to thank Mark & Hyeon-Joo Newman, and a strong focus on brand management Minister Kosky joined us on 23 November The Yulgilbar Foundation and the Myer and promotion. Head Gardener Nick to officially launch Café Vue at Heide Foundation for their generous support Harrison resigned in January after five and open Cubism & Australian Art. of the café redevelopment. years with Heide and was replaced by Dugald Noyes, a gardener who for the We were delighted in December to Among the priorities of the new café— previous ten years worked with National announce Mr David Walsh as the 2009 function, form and heritage preservation— Trust gardens throughout Victoria. Claire Heide Fellow. David was a Director of was the reinstatement of the carport Campbell joined us as Heide Store Manager the Heide Board between 1997–2006. structure that was an original feature in January, and under the guidance of of Heide II. This is now the outdoor During 2009 ticketed visitation to Heide Kirstee Macbeth and Heide Board Director courtyard of the café. Additionally, totalled 31,663 people and a total of 56,993 Craig Kimberley facilitated a total refit a cornerstone of the redevelopment people visited the Heide site. These figures of the Store, and a comprehensive review was the incorporation of Ecologically are 20% below budget targets, and this is of the operating model and stock in Sustainable Design initiatives that due primarily to the construction of Heide preparation for the reopening of the encompassed the design itself, the Café, the impact of extended closure Heide Store in November 2009. construction process through the periods for galleries during whole-of-site demolition of existing structures and Despite unavoidable disruption to exhibition installations, and the real recycling of appropriate materials, daily operations imposed by the café social and economic effects of the global energy consumption efficiencies, and the construction throughout 2009 Heide economic downturn. Whilst Heide’s 2009 inclusion of sustainable practices in the researched and delivered a range of financial results show a surplus, this is ongoing operations of the completed café. outstanding exhibitions, publications, predominantly due to non-cash income and education and public programs represented by donations of works of art. Heide was delighted to appoint Vue that addressed the core business of the In 2009 the limited resources of philan- de monde, owned and operated by Museum: to present and interpret Heide’s thropic endowments and diminishment internationally acclaimed chef Shannon nationally significant collection, and wide- in private giving presented ongoing Bennett, to operate what is now know ranging modern and contemporary visual challenges to Heide. The generation as Café Vue at Heide. The café opened cultures. The Museum’s programs are of essential financial resources from for business on 24 November 2009. detailed in this report. Of particular note commercial operations as well as Heide proceeded through significant was the Museum’s demonstrated capacity government, philanthropic and business staff changes in 2009. Anna Draffin, to deliver two large-scale, whole-of-site sources to undertake the Museum’s core Deputy Director, Head of Development exhibitions that relied on imaginative new operations remained a primary focus of & Communications resigned In October Senior Management.

4 4. Cultural Programming 4.1 exhibitions Heide Museum of Modern Art 2009 Annual Report

1 Heide received exceptional support in 2009 Curatorial, Development and from Government Partner Arts Victoria; Communications, Education and Public Principal Partners Design By Pidgeon Programs, Heide’s archives and heritage and Domaine Chandon; Heide Partners gardens. Our volunteers’ standards of Gollings Photography, Gunn & Taylor excellence in front and back of house Printers, International Art Services, Mecca roles ensure Heide’s reputation as an Medialight, Spicers Paper; Education and outstanding cultural destination. Public Programs Partner Manningham City In 2009 Heide completed a long-term Council; Heide Supporters Image On Line, building redevelopment program, and and Splitrock; and Education and Public implemented new exhibition models Programs Supporter Zart Art. We welcome and organisational change and strategies, our new partners Aesop, Arnold Bloch and consolidated its commitment to Leibler, JCDecaux, Sofitel Melbourne, sustainability in the second year of its Space Furniture and Tsar. three year 2008–10 Corporate Plan. We wish to acknowledge the commitment Heide continually aims to position and work of Heide’s Board of Directors, itself at the forefront of contemporary who provided expert advice and support to museum practice. Heide management and staff throughout another year of major redevelopment of the Museum site and within its staff structure.

Heide’s professional staff developed and Jason Smith delivered ambitious, scholarly and critically Director & Chief Executive Officer acclaimed exhibitions, education and public programs, maintaining Heide’s status as a leading Australian art museum valued for its historical foundations and legacy. Heide’s dedicated volunteers are integral to the life, dynamism and success of the Museum and we thank them very Trevor Tappenden sincerely for their ongoing work in wide- Chairman ranging across Visitor Services, Retail,

1 Jason Smith,and Trevor Tappenden

5 4. Cultural Programming 4.1 exhibitions Heide Museum of Modern Art 2009 Annual Report

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4. CULTURAL PROGRAMMING 4.1 Exhibitions The primary focus of Exhibitions in throwaway items to create a space of The literary history of Heide, through 2009 was the research and development reflection and delight. Narelle Jubelin ’s co-editorship of the cultural of Cubism & Australian Art, a ground- created an installation especially for the journal , was the inspiration breaking exhibition on show throughout Albert and Barbara Tucker Gallery, taking for Ern Malley: The Hoax and Beyond all Heide galleries until Easter 2010. This inspiration from Tucker’s photographs in Heide II. This exhibition explored the exhibition explored the impact of the of Europe in the 1940s and 50s, the Reeds’ genesis, reception and repercussions of revolutionary movement of Cubism on modernist house, and Nolan’s painting Australia’s most famous literary hoax Australian art from the 1920s to the present. Boy and the moon (c.1939–40), to provide through a range of artworks, archival It uncovered a little-known yet compelling a context for her sustained ruminations material, original documents and objects history of the local evolution of ideas on modernism. from the realm of popular culture. over nine decades, through work by over Tucker’s early photography was the Heide also hosted Calin Dan, a Romanian eighty Australian artists and key examples primary focus of 1940s Melbourne: artist living in the Netherlands, who of international Cubism drawn from Photographs by Albert Tucker. His images restaged a Wolfgang Sievers’ photograph Australian collections. An accompanying offered insight into a tumultuous decade of Sweeney Reed and Pamela McIntosh publication co-authored by Lesley Harding in Melbourne, as they documented its in Heide II, as the beginning point for and Sue Cramer, with commissioned characters, the inner city and suburban his development of a future exhibition. texts by over 33 writers, was a significant artist hubs, political and theatrical component of the project. As a definitive All Heide-curated exhibitions were events. The exhibition was curated history of Cubism’s presence within accompanied by publications. Heide in collaboration with the State Library Australian art, this book will continue to co-published Cubism & Australian Art of Victoria, and also drew upon archival be a resource for researchers and art lovers. with The Miegunyah Press, an imprint material from their collection. of Melbourne University Publishing. In 2009 Heide hosted three solo exhibitions Jubelin’s exhibition was the contemporary All other catalogues were supported of contemporary Australian artists in the adjunct to Modern Times: The Untold by Heide Partners, Design By Pidgeon, Heide III galleries. Kathy Temin was the Story of Modernism in Australia, an Gunn & Taylor Printers and Spicers Paper. subject of a twenty-year survey in the exhibition toured by the Powerhouse Central Galleries, which brought together Exhibitions were greatly assisted by the Museum which focused on the popular , wall-drawings, glass and work of two interns who assisted staff reception of international modernism in felt pictures, and films of the artist’s in 2009 as part of the Heide Programming Australia, across the fields of architecture, performances around the themes of loss Internship; four volunteers who undertook design and visual arts. Aptly shown at and desire, memory, home and childhood. focused work on Cubism & Australian Art; Heide because of Heide’s own modernist Paul Yore’s site-specific installation in the and other volunteers assisting with the history, the exhibition showcased additional Kerry Gardner & Andrew Myer Project research for future exhibitions. works from the Museum’s Collection. Gallery made inventive use of numerous

2 a modernist vision of Australia – the Australian 3 Robert Rooney Pavilion at Expo 67 in Montreal, designed by After Colonial Cubism 1993 architect James Maccormick. , selected Heide Museum of Modern Art, Melbourne the exhibits which featured Grant and Mary Purchased through the Heide Foundation Featherston’s wing sound chairs. with the assistance of the Heide Foundation Photograph: courtesy National Archives of Australia Collectors’ Group and the Robert Salzer Fund 2008

6 4. Cultural Programming 4.1 exhibitions Heide Museum of Modern Art 2009 Annual Report

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4 Jeff Carter 6 At the Pasha nightclub, Cooma c.1957–59 Ern Malley 1973 gelatin silver photograph Art Gallery of South Australia, Adelaide Powerhouse Museum, Sydney Gift of Sidney and Cynthia Nolan 1974 Purchased 2000 7 narelle Jubelin 5 Melinda Harper Silhouette self portrait (1989), Untitled 2000 detail from Trade delivers people #3 1989–97 National Gallery of Victoria, Melbourne Collection of Sharon Grey & Jeff Hall Purchased through the National Gallery of Victoria Foundation by Robert Gould, Benefactor, 2004

7 4. Cultural Programming 4.1 exhibitions Heide Museum of Modern Art 2009 Annual Report

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8 Daniel Crooks 10 kathy Temin Portrait #2 (Chris) 2007 Sideboard Garden 2007 Courtesy of the artist and Collection of Lisa and Egil Poulsen Anna Schwartz Gallery, Melbourne Photograph: Mark Ashkanasy 9 Sidney Nolan Sonnets for the Novachord 1974 Art Gallery of South Australia, Adelaide Gift of Sidney and Cynthia Nolan 1974

8 4. Cultural Programming 4.1 exhibitions Heide Museum of Modern Art 2009 Annual Report

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Exhibition Exhibition Dates Venue Curator(s)

Hinterlands: Albert Tucker's 28 June 2008 – Heide III: Lesley Harding Landscapes 1960–1975 22 February 2009 Albert & Barbara Tucker Gallery

Order and Dissent: Works 1 July 2008 – HII Kendrah Morgan from the Heide Collection 1 March 2009

Covers: Fiona Abicare 1 November 2008 – Heide III: Zara Stanhope 22 February 2009 Kerry Gardner & Andrew and Linda Short Myer Project Gallery

The Art of Existence: Les Kossatz 22 November 2008 – Heide III: Zara Stanhope 9 March 2009 Central Galleries

Narelle Jubelin: Cannibal Tours 28 February – Heide III: Ann Stephen 12 July 2009 Albert & Barbara Tucker Gallery and Kerry Gardner & Andrew Myer Project Gallery

Modern Times: The Untold Story 21 March – Heide II and Heide III: Ann Stephen of Modernism in Australia 19 July 2009 Central Galleries

Paul Yore: The Big Rainbow 18 July – Heide III: Sue Cramer Funhouse of Cosmic Brutality 15 November 2009 Kerry Gardner & Andrew Myer Project Gallery

1940s Melbourne: Albert 18 July – Heide III: Lesley Harding Tucker’s Photographs 15 November 2009 Albert & Barbara Tucker Gallery

Ern Malley: The Hoax and Beyond 22 July – Heide II Kendrah Morgan 15 November 2009 and David Rainey

Kathy Temin 1 August – Heide III: Jason Smith 8 November 2009 Central Galleries and Sue Cramer

Cubism & Australian Art 21 April 2009 – All of site Lesley Harding 8 April 2010 and Sue Cramer

11 Paul Yore 12 Kathy Temin The Big Rainbow Funhouse The Duck-Rabbit Problem 1991 of Cosmic Brutality Part II 2009 National Gallery of Victoria, Melbourne (installation view) Purchased through the Art Foundation of Victoria with Photograph: John Brash the assistance of the Rudy Komon Fund, Governor, 1998

9 4. Cultural Programming 4.1 exhibitions Heide Museum of Modern Art 2009 Annual Report

Exhibition lenders 2009 John & Cecily Adams Glen Eira City Council Collection Richard Aitken Philip Goad Justin Andrews Elizabeth Gower James Angus Hamish McKay Gallery, Wellington, New Zealand Anna Schwartz Gallery, Melbourne Melinda Harper Ararat Regional Art Gallery Samela Harris Arc One Gallery, Melbourne Yvonne Harris Art Gallery of New South Wales Geoffrey Hassall Art Gallery of South Australia Christopher Heathcote Art Gallery of Holmes à Court Collection, The Arts Centre, Melbourne Raafat Ishak Australian Galleries, Melbourne Ivan Dougherty Gallery, Sydney Barber/Cottier Collection, Sydney Robert Jacks Benalla Art Gallery George Johnson Bendigo Art Gallery Estate of E.M. Kemp Gordon Bennett Inge King Stephen Bram Andrew Klippel Avril Burn Les Kossatz Jon Campbell Art Museum Eugene Carchesio Alun Leach-Jones Melissa Corbett Amanda Love Daniel Crooks Lowensteins Arts Management Darren Knight Gallery, Sydney Collection, Melbourne Juan Davila McClelland Gallery + Sculpture Park Art Collection Jan McCulloch Ronnie Di Stasio Peter McMahon & Jennifer Rice A.D.S. Donaldson James Meldrum John Dunkley-Smith Michael Lett, Auckland, New Zealand Diena Georgetti

10 4. Cultural Programming 4.1 exhibitions Heide Museum of Modern Art 2009 Annual Report

Exhibition lenders 2009 (continued) Milani Gallery, Brisbane Kalli Rolfe Contemporary Art, Melbourne Monash Gallery of Art, Robert Rooney City of Monash Collection Roslyn Oxley9 Gallery, Sydney Monash University Collection Rae Rothfield Mordant Family Collection Garry Shead Mori Gallery, Sydney Shepparton Art Gallery Museum of Contemporary Art, Sydney Gemma Smith Museum Victoria State Library of Victoria National Gallery of Australia Madonna Staunton National Gallery of Victoria Sutton Gallery, Melbourne Newcastle Region Art Gallery Masato Takasaka John Nixon TarraWarra Museum of Art Charles Nodrum Kathy Temin Charles Nodrum Gallery Tolarno Galleries, Melbourne Orange Regional Gallery Transfield Art Collection, Sydney Lisa and Egil Paulsen Barbara Tucker Penrith Regional Gallery Brian Tucker & The Lewers Bequest The Art Museum Carl Plate Estate Uplands Gallery, Melbourne Powerhouse Museum Sue Walker Queensland Art Gallery Whitworth/Bruce Collection David Rainey Lyn Williams AM Jacky Redgate William Wright Artists’ Projects, Sydney Jackie Redlich Paul Yore Rex Irwin Art Dealer, Sydney Constanze Zikos Lee Riley Numerous private collections in Brisbane, RMIT University Canberra, Melbourne and Sydney Kalli and Brian Rolfe Collection

11 4. Cultural Programming 4.2 Heide Public Programs Heide Museum of Modern Art 2009 Annual Report

13 14 4.2 Heide Public Programs The multidisciplinary exhibition Modern In addition to organising these paid Times: The Untold Story of Modernism events, Public Programs continued to Public Programs continued its in Australia proved an excellent platform deliver regular free exhibition tours commitment to deliver high-quality, for delivering programs across the fields and talks. Over the year, 281 exhibition informative programs to complement of architecture, design—furniture, fashion, tours and programs were conducted by Heide’s exhibition program, gardens, interior—and visual arts. Phillip Goad, arts professionals, academics, artists and sculpture park, history and architecture. architectural historian and President Heide volunteer guides. Regular events Many of these programs had a ‘green’ of the Victorian RAIA, conducted two were also delivered in Heide’s gardens element that dovetailed with Heide’s architectural tours to capacity audiences: and Sculpture Park, including ‘Bee Keeping’, focus on sustainability as outlined ‘Modern Times City Walk and Architecture ‘Sculpture Park Detective’ and talks by by the Heide SMart strategy. Tour’, and ‘Modern Classics Robyn Heide’s gardeners on a variety of subjects. A range of programs—from artist talks Boyd Architecture Tour’. Other eminent Public Programs could not have delivered and studio visits to workshops and guided specialists in art and design participated the number of tours in 2009 without the tours—targeted the diverse audiences in a number of successful lectures and expertise and dedication of the volunteer who visit Heide. A total of 373 programs forums including ‘Legacies: The Bauhaus, guides. A 2009 recruitment drive produced were delivered to 4735 attendees, including Ludwig Hirshfield-Mack and Harry Seidler’ an intake of 15 new volunteer guides, 30 feature events, an increase from 14 held and ‘Modern Design Today’. taking the total number to 28. New guides the previous year. ‘Outposts of the ’—a tour completed an intensive two-day induction New initiatives included ‘Celebrity Chat’, of the homes and studios of key Heide process and undergo continued training with the first speaker Judith Lucy giving figures held in association with the to enable them to provide quality talks her personal insight and response exhibition 1940s Melbourne: Photographs on Heide’s behalf. into works in Kathy Temin’s exhibition by Albert Tucker—was hosted by art to a capacity audience, and ‘Possums historian Richard Haese and Juliette on the Move’, a program for families Peers, Lecturer, School of Architecture to learn about caring for wildlife they and Design at RMIT University. find in their own backyards. Capacity audiences visited the studios Heide delivered a number of programs of Les Kossatz and Kathy Temin, tours in partnership with other organisations: organised in conjunction with their a walking tour and fitness class with solo exhibitions at Heide. Manningham Council’s Healthy Lifestyle Throughout the year, the seasonal Week; three walking tours followed by ‘Pick & Eat’ program was popular, with ‘arvo teas’ with the Victorian Seniors participants working with Heide gardeners Festival; and ‘Ern Malley—From the Ear to harvest produce which is then prepared to the Eye’, a talk presented by Kendrah for lunch by guest chefs. The monthly Morgan and David Rainey as part of the event ‘Heide Art Bubs’, for parents and Melbourne Writers Festival. carers with young children, has also continued to grow in popularity.

13 Robin Boyd architecture tour, Date House, Kew 14 Heide Art Bubs at the Connie Kimberley Sculpture Park Photograph: John Gollings

12 4. Cultural Programming 4.3 Heide Education Heide Museum of Modern Art 2009 Annual Report

15 16 4.3 Heide Education Heide’s flagship education program Inside the Museum: Art Industry Contexts, In 2009 Heide Education ran a varied and triennially funded through the Department engaging education program that attracted of Education and Early Childhood a total of 3,030 participants, representing Development, and devised to complement a continuing steady increase on previous Unit 4: Outcome 3 of VCE Studio Arts, years. A range of public and independent was presented three times. Each day-long schools attended museum tours tailored session provided a forum for 48 students for different ages and knowledge levels: to listen to and meet with arts industry from pre-schoolers to tertiary students, professionals including curators, registrars, teachers and art educators. Several conservators and marketing professionals. Professional Development sessions for The students gained insights into curating, educators gave opportunities for teachers conservation and preservation of artworks, to listen to curators, artists and guest preparing and presenting an exhibition, speakers. Heide staff presented a behind- as well as learning about exhibition design, the-scenes look at public museums for promotion and marketing. senior secondary students in the new program Inside the Museum: Art Industry Programming for teacher professional Contexts. School holiday programs development continued, with six events continued to be popular, providing attended by 76 teachers. Guest speakers artist-led activities relating to exhibitions, included artist Patricia Piccinini and sustainability, gardens and Connie Kimberley Marion Strong, Executive Officer, Art Sculpture Park. Education Victoria. Of the 93 school groups to visit Heide, 44 School holiday activities provided 244 per cent were repeat visits, demonstrating young people with 18 programs through- student and teacher satisfaction with our out the year. Exhibiting artists were among programs. Fifteen per cent of school groups those leading the workshops: Les Kossatz’s added value to their exhibition tour by activity ‘Sheep Shape’ and Paul Yore’s also booking a facilitated workshop, in ‘Wind Instruments’ were presented at which they undertook practical activities the time of their exhibitions at Heide. devised in relation to the exhibition. Three Heide Education was greatly supported Education Kits were produced as support by a team of twenty specialist Education material for schools: Kathy Temin; Modern Volunteers, who contributed 203 hours Times: The Untold Story of Modernism of assistance. Heide Education values in Australia; and Inside the Museum: all volunteers and appreciates their Art Industry Contexts. This last kit was commitment and dedication to the Museum. developed to accompany the program and made available for sale in the Heide Store.

15 Inside the Museum 16 Activity in the Sidney Myer Education Centre Photograph: John Gollings

13 5. Commercial Operations 5.1 Heide Store Heide Museum of Modern Art 2009 Annual Report

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5. COMMERCIAL 5.1 Heide Store Throughout the year, all product displayed was supported by a new, rotational visual 2009 was a year of transformation for the OPERATIONS merchandising strategy consistent with Heide Store with spatial purpose, product current Heide exhibitions and programs. strategy and visual merchandising all under review. Operating as a Store and Heide Store returned to full operating Café until November, the space was both capacity on 24 November 2009, timed retail and social. With the opening of Café with the opening of Cubism & Australian Vue at Heide scheduled for the end of the Art and the launch of Café Vue at Heide. year, a new approach to the store design The reopening was successful for the and product offering was developed. store, with opening night achieving highest grossing sales driven by the Cubism & From April to October 2009, plans for Australian Art publication and new range the new design fit-out of the store of products. were finalised and with the successful application for an ACFM grant through In 2009, led by the success of the new, Arts Victoria, work was completed in defined retail space, new product strategy, November. This grant provided the funds Café Vue at Heide, Christmas trade and needed to implement new lighting, fixtures the hugely successful Cubism & Australian and signage. The new design featured Art, Heide Store delivered both record sales specific zones including a library, Heide and yield per ticketed admission. The annual merchandise and Exhibitions to highlight sales target for the year was achieved and the new range of products. exceeded by 23% with December exceeding target by 142% supported by sales in the In June, an extensive review of the current lead-up to Christmas. 2009 also saw the product offering of the Heide Store was expansion of Heide exclusive merchandise undertaken with the results leading which played a key role in creating a point to new product development strategy. of difference to other gallery retailers. This approach to product development looked at gaps in opportunity, price points, Heide branded merchandise and buying tactics to maximise visitor purchasing patterns and yield. Heide Store products now incorporate a focus on creativity, sustainability and, wherever possible, the promotion of Australian design and production. 85% of current stock is now either designed or made in Australia.

17 Cubism & Australian Art publication 18 Limited edition ‘Double the pleasure’ vase 19 Limited edition ‘Tea Garden’3 piece tea set by Mirka Mora by Kat Macleod Photograph: Kirsten Gollings Photograph: Kirsten Gollings

14 5. Commercial Operations 5.2 Visitor Services Heide Museum of Modern Art 5.3 Heide Membership 2009 Annual Report 5.4 Heide Café

Purchase or renew a Heide Membership before 31 January 2009 for the chance to win a sunrise hot air balloon ride over the Yarra Valley for six people. There are also twenty-five Domaine Chandon tour and tasting vouchers to be won. Visit a Heide information desk or www.heide.com.au for more details and full terms & conditions. The prize draw will take place at Heide Museum of Modern Art on Monday 2 February 2009. Winners will be notified by telephone and mail.

Government Partner Principal Partners He ide He ide Museum of Museum of Modern Art Modern Art

20 21 5.2 Visitor Services 5.3 Heide Membership 5.4 Heide Café In 2009, Visitor Services administered five In 2009, Heide Membership maintained Following the closure of the Heide Café of the Museum’s commercial operations a stable level of growth and retention, in April 2008 for redevelopment, the revenue streams: Heide Membership, despite the closure of the Heide Café conTEMPORARY CAFÉ operated until admissions, Education & Public Programs for redevelopment. The broad range mid-November 2009. Located within the ticketing, event hire and retail (Heide of benefits and ongoing Member loyalty existing Heide Store, the café offered a Store and conTEMPORARY CAFÉ). Visitor to the Museum has ensured that even limited menu of packaged sandwiches, Services also managed safety, security and without dedicated campaigns for 2009, salads, hot soup, hot and cold beverages the public environment, and collaborated Heide Membership achieved a final result and sweet treats. with other departments of the Museum ahead of budget. In June 2009, Vue de monde was appointed in event management. At 31 December 2009 there were 716 operator of the redeveloped Heide Café Visitor feedback throughout 2009 active subscriptions with 972 Members. after a rigorous tender process. Café Vue continued to demonstrate a high level at Heide commenced operations on 24 of satisfaction with Heide’s strong team November. of paid and volunteer Visitor Services staff. As the main point of contact with visitors and Heide Members, Visitor Services is committed to maintaining high professional standards that meet or exceed the expectations of all who interact with the Museum. A successful Visitor Services Volunteer recruitment campaign was completed in October, with 25 new volunteers joining the team. This brought the total in 2009 to 92 volunteers who collectively contributed to an outstanding 4,556 hours of service to the Museum.

20 Heide Membership summer 2009/10 campaign 21 Café Vue at Heide Design: Design By Pidgeon Photography: Earl Carter

15 6. Heide Collection Heide Museum of Modern Art 2009 Annual Report

22 6. HEIDE COLLECTION Collection activities during 2009 were Works from the Heide Collection were primarily oriented towards the extension featured in almost all of the exhibitions of onsite access to the Heide Collection at Heide during 2009 and were also made from 2010 onwards. This resulted from available to regional and metropolitan the decision to reopen Heide I to the public audiences through outward loans. six days a week with a new exhibition Significant works by Albert Tucker were program showcasing the Museum Archive included in the exhibition The Intruder— and to re-launch Heide II as the venue The Perfect Allegory, held at Benalla Art for the presentation of a series of ongoing Gallery and Ararat Regional Art Gallery. exhibitions from the Collection. Other works by Tucker were lent to the City Museum at Old Treasury, Melbourne, Through the generous support of the Ian for the exhibition Batmania: Our Founding Potter Foundation and the Sidney Myer Father? Fund, extensive work was undertaken to develop and augment the extant Archive Works from the Collection were also with original documents, photographs and selected for inclusion in three important oral histories and to identify the optimal survey exhibitions: Making it New: way to present this material in Heide I Focus on Contemporary, featuring the exhibitions. Conservation priorities were work of Micky Allan at the Museum of determined and a strategy developed Contemporary Art; Yvonne Audette: Six to prepare works on paper for inclusion Decades of Painting, at The Ian Potter in Heide I and Heide II exhibitions. This Museum of Art, University of Melbourne; involved professional conservation and John Brack, at the National Gallery assessment and the treatment of a of Victoria. number of important Collection works, At the invitation of the Australian Club, many of which have not previously been Heide presented the exhibition Heide exhibited. Comes to Town, as part of the Club’s Other key collection management ongoing series of exhibitions from activities included the temporary distinguished public and private relocation of Collection works stored off- collections. Curated by Jason Smith, the site, in order to meet the requirements of Heide exhibition comprised paintings building rectification works at the Public from the Collection spanning six decades, Record Office of Victoria, and the ongoing including works by , improvement of data credibility for the and Imants Tillers. Vernon Collection Management System.

22 Sam Atyeo Appose 1975–1982 synthetic polymer paint on canvas 91 x 120.5 cm Gift of Contec Properties Pty Ltd 2009

16 6. Heide Collection 6.1 acquisitions Heide Museum of Modern Art 2009 Annual Report

23 24 Support for the development of the 6.1 ACQUISITIONS 2009.18 Collection was considerable during 2009. Pat Brassington 2009.4 Heide Patron Barbara Tucker donated three The Guardian 2009 Davida Allen significant works by Albert Tucker to the pigment print on archival paper Number 20 1984 Collection. These were all included in 88 x 63 cm (composition), oil on canvas 1940s Melbourne: Photographs by Albert 112 X 87.5 cm (sheet) 100 x 120 cm Tucker, a Heide exhibition that celebrated Purchased through the Heide Foundation Baillieu Myer Collection of the 80s the 2008 generous donation of the Albert with the assistance of the Heide Tucker Photograph Collection by Barbara 2009.1 Foundation Collectors’ Group Tucker as a joint gift to Heide and the Sam Atyeo and the Robert Salzer Fund 2009 State Library of Victoria. Appose 1975–1982 2009.7 synthetic polymer paint on canvas The Collection was further augmented Jon Cattapan 91 x 120.5 cm in 2009 by the donation of nine works Church Smouldering 1989 Gift of Contec Properties Pty Ltd 2009 from the Baillieu Myer Collection of the oil on linen 80s, whose original gift of 93 works was 2009.13 182 x 153 cm presented to Heide in 1992. George Baldessin Baillieu Myer Collection of the 80s Reclining Figure c.1970 The welcome donation of works by artists 2009.6 pastel and gouache on paper Sam Atyeo, George Baldessin and Juan Fred Cress 73.5 x 100 cm Davila strengthened the representation A Secret Source 1985 Gift of Tom Lowenstein 2009 of these important artists in the Collection. oil on canvas 2009.17 145 x 187 cm The Heide Foundation Collectors’ Group Pat Brassington Baillieu Myer Collection of the 80s enabled the purchase of Lovers (2008) Forget Your Perfect Offering 2008 by Louise Paramor and, with the generous 2009.15 pigment print on archival paper support of the Robert Salzer Fund, Juan Davila 20 x 15 cm (composition) contributed to the purchase of Forget The Field 1988 56 x 37.5 cm (sheet) Your Perfect Offering (2008) and The silkscreen, printed in colour, Purchased through the Heide Foundation Guardian (2009) by Pat Brassington. from four stencils with the assistance of the Heide 124 x 80 cm (sheet) Foundation Collectors’ Group and Gift of Irene Sutton 2009 the Robert Salzer Fund 2009

23 pat Brassington 24 davida Allen Forget Your Perfect Offering 2008 Number 20 1984 pigment print on archival paper oil on canvas 20 x 15 cm (composition) 56 x 37.5 cm (sheet) 100 x 120 cm Purchased through the Heide Foundation with Baillieu Myer Collection of the 80s the assistance of the Heide Foundation Collectors’ Group and the Robert Salzer Fund 2009

17 6. Heide Collection 6.1 acquisitions Heide Museum of Modern Art 2009 Annual Report

25 26 2009.16 2009.12 2009.11 Juan Davila Alun Leach-Jones, Sweeney Reed Judi Singleton Pre-modern Self-portrait 1988 Poster Poem 1968 Sid the Kid 1987 silkscreen, printed in colour, screenprint on paper oil on canvas from four stencils 70.5 x 62 cm 90 x 120 cm 124 x 80 cm (sheet) Gift of Barbara Stiebel 2009 Baillieu Myer Collection of the 80s Gift of Irene Sutton 2009 2009.10 2000.302 2009.14 Geoff Lowe Albert Tucker Juan Davila Organisation 1984–5 Malvern Street 1938 God’s Whore 1993 synthetic polymer paint on linen oil on board silkscreen, printed in colour, from 152 x 122 cm 50.5 x 45.5 cm six stencils on thick white wove Baillieu Myer Collection of the 8os Gift of Barbara Tucker 2009 Arches 400 gsm paper 2009.5 2000.201 122 x 160 cm (sheet) Elwyn Lynn Albert Tucker Gift of Irene Sutton 2009 Salt Lake Shore—Amadeus 1983 Leading Lady (also known as Actress) 1946 2009.8 synthetic polymer paint, polyvinyl acetate oil on composition board Robert Hunter glue and sand on canvas 60.5 x 45.5 cm Untitled c.1986 151 x 152 cm Gift of Barbara Tucker 2009 synthetic polymer paint on board Baillieu Myer Collection of the 80s 2000.270 122 x 244 cm 2009.19 Albert Tucker Baillieu Myer Collection of the 80s Louise Paramor King Kelly and his Legions 1957 2009.9 Lovers 2008 oil, PVA, collaged foil and cardboard Angus Jones oil and synthetic polymer paint on glass on composition board Untitled 1986 60 x 60 cm 96.2 x 130.1 cm synthetic polymer paint on canvas Purchased through the Heide Foundation Gift of Barbara Tucker 2009 90.5 x 59.5 cm with the assistance of the Heide Baillieu Myer Collection of the 80s Foundation Collectors’ Group 2009 2009.3 2009.2 David Keeling Rosslynd Piggott Untitled 1989 Divided Bridge 1997 oil on wood oil on linen 90 x 120.5 cm diptych 60.5 x 84 cm (overall) Baillieu Myer Collection of the 80s Gift of Ralph Renard 2009

25 george Baldessin 26 albert Tucker Reclining Figure 1970 Leading Lady (also know as Actress) 1946 pastel and gouache on paper oil on composition board 73.5 x 100 cm 60.5 x 45.5 cm Gift of Tom Lowenstein 2009 Gift of Barbara Tucker 2009

18 6. Heide Collection 6.2 Outward loans Heide Museum of Modern Art 2009 Annual Report

28

27

6.2 Outward loans City Museum at Old Treasury, Melbourne Museum of Contemporary Art, Sydney Batmania: Our Founding Father? Making it New: Focus on Contemporary Benalla Art Gallery 14 September – 6 December 2009 Australian Art The Intruder—The Perfect Allegory 8 September – 11 November 2009 Benalla Art Gallery: 2000.317 1 June – 10 August 2009 Albert Tucker 2007.7 Ararat Regional Art Gallery: John Batman 1959 Micky Allan 10 September – 25 October 2009 synthetic polymer paint Babies 1976 and collage on board series of 7, each 11.5 x 11.5 cm (image) 2000.264 122 x 91 cm watercolour and coloured pencil Albert Tucker On loan from Barbara Tucker 2000 on silver gelatin print Explorer and Parrot 1963 Gift of Peter Corrigan 2007 oil on composition board 2000.368 89 x 120.5 cm Albert Tucker National Gallery of Victoria On loan from Barbara Tucker 2000 John Batman & Eliza Callaghan 1971 John Brack synthetic polymer paint on board 24 April – 9 August 2009 2000.233 137 x 183 cm Albert Tucker 2005.26 Gift of Barbara Tucker 2007 Arrival at Coopers Creek 1968 John Brack synthetic polymer paint The Fish Shop 1955 The Ian Potter Museum of Art, on composition board oil on composition board The University of Melbourne 87 x 162 cm 60 x 70.8 cm Yvonne Audette: Six Decades of Painting Gift of Barbara Tucker 2005 Gift of the Trustees of the Museum 29 August – 22 November 2009 of Modern Art and Design of Australia, 2000.268 2000.8 to the National Gallery of Victoria 1981. Albert Tucker Yvonne Audette Transferred to Heide Museum of Modern Explorer and Bird 1968 Moving Symbols 2 1997–2000 Art by the Council of Trustees of the oil on composition board oil on plywood National Gallery of Victoria 2005. 106.5 x 137.5 cm 112 x 162.5 cm On loan from Barbara Tucker 2000 Gift of the artist through the Cultural Gifts Program 2000

27 Yvonne Audette 28 John Brack Moving symbols 2 1997–2000 The Fish Shop 1955 oil on plywood oil on composition board 112 x 162.5 cm 60 x 70.8 cm Gift of the artist through the Gift of the Trustees of the Museum of Modern Art Cultural Gifts Program 2000 and Design of Australia, to the National Gallery of Victoria 1981. Transferred to Heide Museum of Modern Art by the Council of Trustees of the National Gallery of Victoria 2005.

19 7. Facilities 7.1 Maintenance Heide Museum of Modern Art 2009 Annual Report

29

7. faCILITIES 7.1 Maintenance Heide’s commitment towards reducing its carbon footprint and embracing new Heide continued to implement strategic affordable technology, aligned with the facilities maintenance throughout 2009. Museum’s continuing implementation of Ongoing improvements and maintenance the Heide SMart Strategy, was demonstrated to whole-of-site security and contractor in significant enhancements to sustainable management ensured the continuation operations. Ongoing energy savings were of Heide’s Gold rating for site risk achieved through day to day management management awarded in 2008 by the and refinement of climate control systems, Victorian Managed Insurance Authority. and computer and mechanical services. Essential funding to undertake facilities Further evidence that Heide is managing maintenance was provided by the its energy at optimum levels were Victorian Government, through its Arts highlighted in the sustainability report & Cultural Facilities Maintenance Fund. conducted by RMIT University. Between Maintenance and upgrades included: August 2008 and August 2009 the Museum Federation Way car park lighting; reduced gas consumption by 503,592MJ, implementation of a model ‘green’ equivalent to 26 tonnes of CO2, with power information technology infrastructure; consumption savings of 70,830 kWh during refurbishment of the Heide Store; this period, equivalent to 14 tonnes of CO2 replacement of Heide III: Central Galleries or 21.5 households’ annual emissions. skylights; gallery lighting; installation of safety tactile indicators on stairs; purchase of tractor, scissor-lift and utility vehicle; two-way radio communications units for on-site staff safety and event coordination; and a 6,100L water collection tank for the caretaker’s cottage.

29 Café Vue at Heide Photograph: Earl Carter

20 7. Facilities 7.2 Gardens Heide Museum of Modern Art 2009 Annual Report

30

7.2 Gardens The purchase of a new tractor, brush chipper and rotary mower streamlined Heide’s Gardens continue to rely on water garden procedures, allowing overgrowth diverted from the Yarra River for irrigation, to be pruned, chipped and composted in accordance with the allocation provided on site, in line with ECLIPs’ Sustainability by Melbourne Water. With many mature Accreditation by Sustainable Gardening exotic tree specimens on site and summer Australia. arriving with its usual severity, the access to this non-drinking water was vital for The Museum’s partnership with the ongoing growth of the gardens. Due Conservation Volunteers Australia to prolonged drought, the mains water recommenced, with teams of between exemption from stage 3a restrictions four and six volunteers visiting the site for Heide I expired and its renewal is weekly. Their invaluable assistance with not anticipated. As a result, automatic many larger jobs over the entire property irrigation was reduced from 16 hours to included the planting out of over 4,000 four hours per week. tube-stocks as part of the Café Vue at Heide landscaping. 2009 was a busy year for projects in the Heide gardens, including: the expansion Recovery Tree Services continue their of the Heide I Vegetable Garden; the invaluable tree maintenance program, installation of landscaping surrounding though this has been reduced from Café Vue at Heide; planting of a bush foods fortnightly visits to once a month. area and a new garden by artist Fiona Hall; Possum control in the Gallery has been the restoration of the Heide I surrounds greatly enhanced with their assistance. including the Heart Garden and an overhaul of the Heide II irrigation system.

30 Heide I Kitchen Garden Photograph: John Gollings

21 8. Communications Heide Museum of Modern Art & Marketing 2009 Annual Report

31 8. COMMUNICATIONS 2009 was a year of consolidation and Heide attracts a diverse range of audiences celebration for Communications & across age, socio-economic, geographic and & MARKETING Marketing with a strong line-up of psychographic profiles. In an attempt to exhibitions and related programs, target these audiences, Heide’s marketing a number of exciting new media campaigns are segmented accordingly, partnerships, the opening of Café Vue using advertising and publicity to raise at Heide and the redesign of the Heide awareness of the museum offerings. In Store. All providing new directions and 2009, exhibition campaigns were focused opportunities to attract visitors to Heide. on encouraging visitation primarily amongst Victorians and secondarily within This year also saw the Communications interstate and international segments. Manger, Sarah Aitken depart on maternity leave who was replaced by Stephanie Bell, 2009 saw the opening of three key Marketing Manager in May. In September, exhibitions in the Museum’s main Stephanie Bell resigned and the decision exhibition space, Heide III: Central was taken not to fill the position, instead Galleries—Modern Times: The Untold engaging a consultant and promoting Jade Story of Modernism in Australia, Kathy Enge, in recognition of her achievements, Temin and Cubism & Australian Art—each from the position of Marketing Assistant to incorporating a strategic marketing Marketing & Communications Coordinator. and advertising campaign. Individual opening events were held for each suite Communications & Marketing continued to of exhibitions, including the simultaneous raise the profile of the museum, increasing media preview and opening of Café Vue reach into the broader community and at Heide and Cubism & Australian Art within the arts engaged audience segments. exhibition in November by The Hon. Each campaign included single or multiple Lynne Kosky, Minister for the Arts & executions of the following components: Public Transport. Advertising Publicity/media Partnerships continued to be a focus Signage Events for the marketing team to help generate Distribution & Electronic Direct awareness and encourage visitation; direct marketing Marketing Connex Melbourne continued their support as an exhibition Presenting Printed collateral Online/website Partner for Modern Times and 774 ABC Melbourne joined them as an Exhibition Media Supporter extending the advertising campaign to banners, posters, radio airtime and podcasts. In November, Cubism & Australian Art saw JCDecaux join Heide as Exhibition Support Sponsor enabling the advertising campaign to reach audiences in the Melbourne CBD on the highly visible and sought after Citylight panels at tram and bus stops. 31 Cubism & Australian Art JCDecaux Citylight panel, Collins St, Melbourne

22 8. Communications Heide Museum of Modern Art & Marketing 2009 Annual Report

32

Tourism Victoria also offered their support Print: provide benchmark information on gallery of the visual arts and Melbourne’s public Art & Australia; Art Monthly; Art World; audiences, their demographics, actions, institutions, with online listings and the Artlink; Beat Magazine; The Canberra Times; attitudes, limitations and needs. Research use of the Tullamarine Freeway banner Gourmet Traveller; Green Magazine; Inside Out; was undertaken in 10 galleries in the in November to support the Cubism & Landscape Architecture; Qantas Magazine; Sydney Metropolitan region and a pilot Australian Art exhibition. The Sydney Morning Herald; Vogue; The West study in Victoria at Heide. The survey Australian; and regular, extensive coverage period was 30 March – 31 May 2009. Smaller publicity driven marketing in The Age, The Australian, The Australian The research found that 78% of Heide campaigns were staged for exhibitions Financial Review, Herald Sun and local press. visitors were from Greater Melbourne held in other areas of the Museum, and nearly a third were first time visitors. including 1940s Melbourne: Photographs Television: Heide is considered a social outing with by Albert Tucker, Ern Malley: The Hoax and ABC TV programmes Can We Help? and 50% of visitors attending with family Beyond in Heide II and Paul Yore: The Big Sunday Arts, and Channel 31. and friends with Artist Talks the most Rainbow Funhouse of Cosmic Brutality. Radio: preferred program. Atmosphere, space Advertising and publicity campaigns were Interviews on 774 ABC Melbourne, ABC and gardens are the core strength of the also developed to support Heide’s Gardens, Radio National, Joy FM, PBS FM, SBS Radio gallery experience receiving the highest Public Programs, Collection, Heide Store, and regular segments on 3MBS and 3RRR. proportion of ‘terrific’ ratings (73%) Café Vue at Heide and Heide Membership. Online: with painting, photography and celebrated Corporate marketing campaigns consisted Interviews, listings and reviews on an works by Australian artists being the of profiling Heide staff and recruitment, ever-growing number of art and design most popular types of exhibitions. development of corporate materials and local, national and international websites. After much planning, a new site signage release of the biannual publication Heide plan was developed and put into Magazine. Market research is fundamental to understanding Heide’s audiences and in manufacture in 2009. This signage provides Media coverage remains one of the most 2009 Heide took part in the Museum & visitors with greater ease in navigating effective and efficient tools in Heide’s Galleries of NSW Guess Who’s Going to the the Heide site in addition to the promotion marketing mix for attracting new and Gallery strategic audience evaluation. With of key information to visitors. Promotional existing audiences. Highlights for coverage core project funding from the Australian signage at the Museum’s main entrance in 2009 included: Council for the Arts, the study set out to at 7 Templestowe Road continues.

32 Modern Times Flinders Street Station banners Photograph: John Gollings

23 9. development 9.1 Heide Foundation Heide Museum of Modern Art 2009 Annual Report

33 9. DEVELOPMENT 9.1 Heide Foundation The Next Generation Campaign The Heide Foundation relies upon the Early in 2009, the Museum, in conjunction In 2009, the Development team continued generous support of its donors who, with the Stephanie Alexander Kitchen to seek financial support in order to secure via donations, annual pledges and Garden Foundation, launched The Next a broad and committed funding base. bequests, contribute to the overall Generation campaign. The partnership Support was sought across philanthropic, success of the Museum. aimed to engage visitors and raise Government and corporate sectors to allow awareness for future generations on the Heide to complete major capital works, In 2009, the Ian Potter Foundation provided importance of gardening, enjoying fresh deliver an expanded exhibition program essential support in the reopening of Heide I produce, and environmental sustainability. and enabled the growth of the Heide through a successful grant application. Donors were encouraged to purchase a Collection. This funding will assist in the preparation of Heide I’s interior and exterior as well chair and name it for future generations Although a challenging financial year as the fabrication of bespoke exhibition and in turn raise money for the café with external economic and social factors furniture and interpretive signage. This redevelopment. continuing to place pressure on all aspects $70,000 grant is one of the largest single Heide Foundation Collectors’ Group of Heide’s operations, with the generous grants received by Heide since establishment support of Heide Foundation and Heide Two Collectors’ Group events were of the Heide Foundation in 2004 and was Partnership total Development income held in 2009 with members invited to a developed in close liaison with Claire for 2009 was 8% of total operating income, White Glove Tour at Heide in June and Rimmer from the Ian Potter Foundation. including philanthropic donations and a private viewing of the newly opened cash. Donations of artworks and cash Other significant donations in 2009 Lyon Housemuseum in October. This to support acquisitions in 2009 exceeded came from the Besen Family Foundation extraordinary private collection and $960,000. and Gordon Darling Foundation, for the gallery is owned by Foundation donors support of the Kathy Temin and Cubism Corbett & Yueji Lyon and includes works This year also saw Jacqui Williams, Senior & Australian Art exhibition publications, by key contemporary artists including Development Manager leave Heide in and from Mark & Hyeon-Joo Newman Howard Arkley, Callum Morton, Patricia June. Kathy Lazanas was appointed Senior towards the café redevelopment. Piccinini and Daniel von Sturmer. Development Manager and commenced the position in September.

33 Jason Smith and Stephanie Alexander

24 9. development 9.1 Heide Foundation Heide Museum of Modern Art 2009 Annual Report

34 Heide Foundation donors Sir James Cruthers AO Dr Alison Inglis Helen Dick Ivor Ronald Evans Foundation, Life Benefactor Lauraine Diggins Equity Trustees (giving from $500,000) John Downer AM & Rose Downer Lily Kahan Kate Bêchet Diana Fletcher Julie Kantor Tony & Cathie Hancy Graeme Sturgeon Trust Michael & Sylvia Kantor Craig & Connie Kimberley Richard & Isabella Green Gordon Kennett Victor Smorgon AC & Loti Smorgon AO Lesley Griffin Tom & Sylvia Lowenstein Barbara Tucker Melinda Harper McLeod Family Foundation The Yulgilbar Foundation John T Reid Charitable Trusts Dame Elisabeth Murdoch AC DBE Benefactor Andrea & Richard King Nellie Castan Gallery (giving from $100,000) Inge King William Nuttall & Annette Reeves Elizabeth H Loftus Dr Richard Reed & Vivienne Reed William J Forrest AM Corbett & Yueji Lyon Ralph & Ruth Renard Lindsay Fox AC & Paula Fox The Myer Foundation Robert Salzer Foundation Kerry Gardner & Andrew Myer Norman, Mavis and Graeme Waters Margaret S Ross AM & Dr Ian C Ross Georges Mora Memorial Fund Perpetual Charitable Trust Rae Rothfield Diana Gibson AO Parncutt Family Foundation Penelope Seidler Helen Macpherson Smith Trust Sophia Pavlovski-Ross & Philip Ross Sherman Foundation The Ian Potter Foundation Tom Pearce Irene Sutton James Kenney Stuart Purves AM Trust Company Ltd, as Trustee for Mark & Hyeon-Joo Newman John Rickard the Fred P Archer Charitable Trust Dr Tom Quirk & Sue Quirk Dick Roennfeldt Velik Charitable Trust Andrew Rogers Trevor & Christine Tappenden David & Margaret Walsh Sidney Myer Fund Chris & Cheryl Thomas Janet Whiting & Phil Lukies Truby & Florence Williams Trust, Robyn & Gary Upfield The William Angliss (Victoria) ANZ Trustees Ralph Ward-Ambler AM & Charitable Fund Principal Donor Barbara Ward-Ambler Lyn Williams AM (giving from $20,000) Ross & Robyn Wilson Dr Leith Woodgate Barbara Yuncken Robert O Albert AO & Elizabeth Albert Donor Anonymous (3) Rick Amor (giving from $5,000) Supporter Arthur A Thomas Trust, Equity Trustees Peter & Sam Andersen (giving from $1,500) Max & Lorraine Beck Charles Blackman Besen Family Foundation Bill Bowness Stephanie Alexander Norman & Pauline Bloom Dr Joseph Brown AO OBE Inara Bush & Alice Bailey Dean Bowen Peter D Cole Jim & Libby Cousins Yvonne Boyd DAMP Artists’ Collective Louis W Partos Stephen & Jenny Charles Jennifer Darbyshire & David Walker Carol & Alan Schwartz Joan Clemenger & Peter Clemenger AM Andy Dinan Meridian Sculpture Christine & John Collingwood Neilma Gantner Anonymous (2) James & Rachel Colquhoun

34 lyon Housemuseum

25 9. development 9.2 Heide Partnerships Heide Museum of Modern Art 2009 Annual Report

9.2 Heide Partnerships Government Partnerships Heide continues to operate with the Heide’s State Government Partner, generous assistance of Government Arts Victoria, continued to provide and Corporate Partners. operational funding and support through its Indemnification Scheme for Heide’s 2009 exhibitions Modern Times: The Untold Story of Modernism in Australia and Cubism & Australian Art. Heide also continued to deliver the Heide SMart strategy, as funded by the Victorian Government Sustainability Fund. This partnership enabled Heide to review its current operations and implement a range of measures aimed at reducing the organisation’s carbon footprint across the Museum. The project continues to position the Museum as a ‘green’ model within the gallery and museum sector. Manningham City Council continued its support of Heide through an annual Service Agreement. This support enables the Museum to create and deliver ongoing, innovative and instructional public and education programs to the local and wider community.

26 9. development 9.2 Heide Partnerships Heide Museum of Modern Art 2008 Annual Report

Corporate Partnerships 2009 Heide Partners Corporate partnerships form an integral part of Heide’s day-to-day operations and the aim is to partner with organisations which share Heide’s passion, philosophy and desire to be innovative. In 2009, a full review of the Partnership Model and Framework was undertaken and subsequent changes to the structure were implemented. The most significant change was the introduction of a tiered system that referenced Partners (based upon annual deals) and Sponsors (based upon short term projects). The Development Team continued to work with key corporate partners that have supported the Museum’s activities, both financially and in-kind, for more than five years. Additionally, the latter half of 2009 saw Heide’s Development team refine and strategically source new annual partners that align with the Museum’s current and future interests. 2009 saw the introduction of six new Annual Partners and the ongoing support of ten existing Partners.

Heide Supporters

Image On Line Splitrock & TIRO Beverages Zart Art

27 9. development 9.2 Heide Partnerships Heide Museum of Modern Art 2009 Annual Report

2009 Exhibition Partners

Modern Times: the Untold Story of Modernism in Australia

Presenting Partner Exhibition Partner

Exhibition Supporters

Exhibition Media Supporter Exhibition Affiliate

Kathy Temin

Government Partner

This project has been assisted by the Australian Government through the Australia Council for the Arts, its art funding and advisory body

Cubism & Australian Art

Exhibition Supporters

28 10. governance Heide Museum of Modern Art 2009 Annual Report

10. GOVERNANCE Heide Park and Art Gallery (trading Company Members as Heide Museum of Modern Art) is a at 31 December 2009: company limited by guarantee. It is a Helen Alter not-for-profit entity formed in 1981 for Fiona Bennett the purposes of operating and managing Janine Burke the assets of Heide, which were purchased Ken Cato by the State Government on behalf of Stephen Charles the people of Victoria. Its objectives and Joan Clemenger purposes are outlined in its constitution Christine Collingwood and include acting as a Committee of James Colquhoun Management under the Crown Lands Patricia Cross Reserve Act 1978 (Vic) with respect to Jennifer Darbyshire the property known as Heide II, Heide John Downer AM III and surrounding parks and gardens. Jeff Floyd The company owns, in its own right, Kerry Gardner the property known as Heide I. Alison Inglis Craig Kimberley Julia King Tom Lowenstein Sarah McKay Ian McRae Bryce Menzies Mark Newman Dr Tom Quirk Michael Roux Ken Ryan Deryk Stephens Trevor Tappenden David Walsh

29 10. Governance 10.1 board Heide Museum of Modern Art 2009 Annual Report

10.1 Board Board Composition board Committees The Board of Directors of Heide Park The Heide Board is required to have no Two Board Committees operated during and Art Gallery is committed to adopting less than four Directors. The Minister 2009, meeting at least three times a year, benchmark corporate governance policies for the Arts is entitled to appoint two and included: and practices, ensuring delivery of its Directors. At the end of 2009, there were – Remuneration and Human Resources mission, accountability for operations seven Company-appointed Directors. Policy Committee, comprising Jennifer and stewardship of assets within a sound The Board considers relevant experience, Darbyshire (Chair) and Alison Inglis risk management framework. The Board diverse perspectives and complementary manages resources responsibly and seeks arts and museum knowledge and business – Audit and Risk Management Committee, to provide a high level of transparency skills when nominating and appointing comprising Fiona Benett (Chair) and in reporting to Company Members and new Directors. Details of each Director’s John Downer stakeholders. skills and experience are set out in a access to Information The Board, working with the Senior latter section of this report. Management Team, is responsible for Directors are entitled to access all Re-election the delivery of Heide’s Mission and information required to discharge their overall business performance. Its roles In accordance with the Company’s responsibilities. In addition to the Board and responsibilities include: constitution, Directors are subject Papers, Directors are in regular contact to re-election by rotation at Annual with the Director & Chief Executive Officer – evaluating, approving and monitoring General Meetings at least every three on significant issues. Senior managers the strategic and financial plans and years, to a maximum of nine years. also make presentations at each Board performance targets meeting to assist Directors in developing – evaluating, approving and monitoring Board Changes an in-depth knowledge of the Company’s major capital expenditure operations and activities. Most Board At Annual General Meeting held on 21 meetings are held on-site at the Museum – appointing, monitoring and evaluating April 2009, Mark Newman offered himself in Bulleen to enhance Directors’ knowledge the Director & Chief Executive Officer for re-election for three years and was of the Museum’s assets and operations. re-elected unanimously. – approving and monitoring the risk Board meetings may occasionally be management strategy, internal controls held off-site at other cultural institutions Board Meetings and reporting systems to broaden sector-specific knowledge. – maintaining the highest standards of During 2009, the Heide Board met five ethical behaviour and legal compliance times. Typically Board meetings are held bi-monthly. The Director & Chief Executive – communicating with Company Members Officer and the Chairman meet regularly to discuss business and strategic issues and to agree on board agendas.

30 10. governance 10.1 board Heide Museum of Modern Art 10.2 Human Resources 2009 Annual Report

Conflicts of Interest 10.2 Human Resources The Corporations Act (2001) requires The purpose of the Remuneration and Directors to disclose any conflicts and to Human Resources Policy Committee is to: generally abstain from participating in any – assist the Chairman with the performance discussion or voting on matters in which review of the Director & Chief Executive they have a material personal interest. Officer including holding preliminary performance outcome conversations Annual General Meetings – assist the Board in overseeing the The Board views Annual General remuneration packages of the Director Meetings as an important opportunity & Chief Executive Officer and other to communicate with Company Members senior executives who report directly and sets aside time at these meetings for to the Director & Chief Executive Officer Company Members to ask questions of having regard to the circumstances the Board. All members of the Board are of Heide and the performance of the encouraged to attend and a representative individuals concerned of Heide’s auditor, Saward Dawson, is invited to be available to respond to – monitor and review Heide’s Human questions about the audit preparation Resources policies and procedures as and content of the audit report. The contained in the Human Resources Director & Chief Executive Officer and Policy & Procedures Manual the Chairman deliver presentations on – review the Director & Chief Executive the Company’s performance over the Officer’s recommendations in relation year and respond to questions. to key executive appointments and executive succession planning – review and monitor changes to Heide’s standard Contract of Employment – perform other duties and activities that it or the Board considers appropriate – report and submit recommendations to the Board on these matters as, and when, required

31 10. governance 10.3 Risk Management Heide Museum of Modern Art 2008 Annual Report

10.3 Risk Management Heide undertakes an update of the Strategic Risk Assessment on an annual Risk Management is a key element of basis and reports on Risk Management effective corporate governance. Heide has activities through the Audit & Risk a comprehensive Risk Management policy Management Committee are made and framework based on the Australian to the Board on a quarterly basis. The Standard for Risk Management (AS/NZS Heide Board and Senior Management 4360:2004). In 2009 the Museum further Group establish a strong tone and and refined developed risk action plans ownership over Risk Management, which and specific procedures for managing the flows on to the whole of the Heide team organisation’s financial, asset, operational and provides for the integration of Risk and project risks. Management within the Museum’s The purpose of the Audit and Risk day-to-day operations, particularly in Management Committee is to assist the areas of corporate planning, Visitor the Board of Directors in fulfilling its Services, volunteer training, facilities governance and oversight responsibilities management and event management. in relation to: Key priorities for Heide in Risk – the integrity of the company’s annual Management include: financial statements and financial – Occupational Health and Safety reporting; – Strategic facilities and gardens planning – exposure to and management of legal, & maintenance business and operational risks; – Emergency response and disaster – compliance with all statutory management planning requirements; – Human resource management – the effectiveness of the audit function; – Financial management and internal – the adequacy and effectiveness of control financial controls, internal controls and management systems; – Security – the adequacy and effectiveness of – Event risk management financial management; In 2007, Heide’s insurers, the Victorian – the overall effectiveness and adequacy Managed Insurance Association (VMIA), of HEIDE’s corporate governance and risk performed an assessment of the quality, management framework, policies and comprehensiveness and maturity of processes, and compliance therewith; Heide’s Risk Management Framework, issuing a positive rating of ‘Good.’ The – providing adequate education for directors framework is expected to be reviewed and management regarding their in 2010. Heide holds a ‘Gold’ rating for responsibilities in the aforementioned areas. the VMIA’s site risk assessment.

32 10. governance 10.4 board Directors & Senior Management Personnel Heide Museum of Modern Art 2009 Annual Report

10.4 Board Directors & Jennifer Darbyshire Dr Alison Inglis Senior Management Personnel Jennifer Darbyshire joined the Board in Dr Alison Inglis joined the Board in 2006. 2006. Jennifer has a corporate legal and Alison is a Senior Lecturer and Head of Directors executive background with extensive the Art History program at the University transactional, governance and regulatory of Melbourne. She is also the course Trevor Tappenden experience. Jennifer joined the National co-ordinator for the MA Art Curatorship Chairman Australia Bank in 2006, her current role program. Alison has been a member of Trevor Tappenden joined the Board in being Legal Australia’s Head of Corporate several museum boards, including the 2002, taking up the position of Chairman and Operations. She has previously worked Council of Trustees of the National Gallery in August 2002. Trevor is an independent in private legal practice in Melbourne of Victoria and the Donald Thomson Company Director, Chartered Accountant and London and in major Australian Collection Committee of the Melbourne (ACA), Fellow of the Australian Institute corporations. Jennifer holds degrees in Arts Museum. She holds a PhD from the of Company Directors and a former (BA) and Law (LLB [Hons] and LLM) and a University of Melbourne and her key Managing Partner of Ernst & Young Grad Dip in Company Secretarial Practice. research areas include the art of (Melbourne). He is currently a Councillor In addition to her role on the Heide Board, nineteenth-century Britain and the history of RMIT University and holds Director Jennifer is a director of St Vincent’s & of art museums and collecting in Australia. roles with RMIT Vietnam, CEDA, Mercy Private Hospital and is a member VITS Language Link, Dairy Food Safety of the Board Quality & Risk Committee. Craig Kimberley Victoria, Turtlehouse Corporation, Appointed to the Board in 2003, Craig and VisionGATEWAY. For many of those John Downer AM is the founder and former Chairman of organisations he is Chairman of the Audit John Downer joined the Board in 2004. the Just Jeans Group and has been in the and Risk Management Committee. Trevor A consulting engineer with a degree in clothing and textile industry for over forty holds other positions as an independent engineering (BE [Hons]) he was Chief years. He is the founding Chairman of the expert on the Audit and Risk Committees Executive of the international Maunsell Melbourne Fashion Festival, a former of Southern Rural Water and Haileybury Group from 1993 to 1998 and subsequently Commissioner of the Australian Football College, as well as a Trustee of the Ernest Chairman. John is a Fellow of the League and a current Board member of Heine Family Foundation. Institution of Engineers Australia, Gazal Corporation Limited. Institution of Engineers (UK), and Fiona Bennett Institution of Engineers (Hong Kong). Mark Newman Fiona Bennett joined the Board in 2008. In 2001 John was made a Member of Mark Newman joined the Board in 2005. Fiona is a senior executive with six years the Order of Australia for service to Mark is Executive Officer, CIO and experience as a Director of various entities, engineering and international trade. co-founder of Melbourne-based K2 Asset including Bayside Health, Institute of Management. Mark has twenty years Chartered Accountants in Australia, WPC experience in financial management and Group Limited and Girl Guides Victoria. advisory services around the Asia/Pacific Fiona has worked at senior executive level and Middle East. Mark is also involved in in two major corporations and implemented the Kardinia Park Sports Foundation. difficult strategic change initiatives to derive successful and profitable outcomes. Fiona holds a degree in Arts (BA [Hons]) and is a Fellow of the Australian Institute of Management and the Institute of Chartered Accountants in Australia and is a Member of the Institute of Internal Auditors.

33 10. governance 10.4 Board Directors & Senior Management Personnel Heide Museum of Modern Art 2009 Annual Report

Senior Management Paula Greene Linda Michael Business & Finance Manager Deputy Director, Senior Curator The Senior Management Team comprises (from November) four members, whose qualifications and BS (Hons), Postgrad. Cert. (Art History), experience is detailed below. This group US CPA BA (First Class Hons), Postgrad. Cert. meets weekly to review operational (Editing & Publishing) Paula Greene joined Heide in December priorities, develop strategy, plan projects 2006. Previous positions include Chief Linda joined Heide in November 2008. and resolve problems. Decisions and Financial Officer of Holden New Zealand Previous positions include Senior Curator, issues are discussed at weekly staff Ltd, Business Risk Manager of General Monash University Museum of Art; Senior and unit meetings. Motors Holden Australia Pty Ltd and Curator, Museum of Contemporary Art, Account Director of Enterprise Risk Sydney; and independent curator of Anna Draffin Services for Deloitte with clients in exhibitions including Patricia Piccinini: Deputy Director, various industries including the Victorian We Are Family, Venice Biennale 2003 Head of Development Arts Sector. and 21st Century Modern: 2006 Adelaide & Communications Biennial of Australian Art. (maternity leave from April – October) Kirstee Macbeth BA, BCom Deputy Director, Jason Smith Head of Development Director & Chief Executive Officer Anna joined Heide in 2003 as the & Communications Marketing & Development Manager. BA (Vis Arts), Postgrad. Cert. (from April) Previous positions include marketing/ (Museum Studies) development/project management Kirstee Macbeth joined Heide in April Jason joined Heide in June 2008 as consultant to Melbourne Fashion Festival, 2009. With 16 years experience in the UK Director & Chief Executive Officer. St Kilda Festival and St Kilda Film Festival. and Australian event and entertainment Previous positions include Curator, industries, Kirstee specialises in strategic Contemporary Art, National Gallery marketing and commercial development. of Victoria and Director, Monash Gallery Previous roles include Director, Corduroy of Art. Brand Consultancy; Marketing & Sponsorship Manager, National Gallery of Victoria; Senior Marketing Consultant, Sky Active, London and Media Strategist and Account Manager, Channel 4 Television, London.

34 11. Staff & Volunteers Heide Museum of Modern Art 2009 Annual Report

11. STAFF & VOLUNTEERS Staff Laura Stedman Jade Enge Registrar Marketing Assistant Jason Smith (to August) (to September) Director & Chief Executive Marketing & Officer Samantha Vawdrey Communications Coordinator Education Officer & (from September) Curatorial & Programming Archives Assistant (from March) Kirstee Macbeth Anna Caione Education Officer & Public Deputy Director, Education Officer Programs Coordinator Head of Development (to September) (September – November) & Communications Sue Cramer Public Programs Coordinator (from April) Curator (from November) Nick Hays Lesley Harding Development Manager Curator Communications & Development Kathy Lazanas Christine Healey Senior Development Manager Sarah Aitken Education Coordinator (from September) (from November) Communications Manager (maternity leave from May) Jacqui Williams Linda Michael Senior Development Manager Effie Belbin Deputy Director (to June) & Senior Curator Senior Visitor Services Officer (to May) Fiona Wilson Kendrah Morgan Visitor Services Officer Stephanie Bell Curator (to June) Marketing Manager Senior Visitor Services Officer Katarina Paseta (May – September) Exhibitions & Collection (from June) Manager Fiona Cabassi Senior Visitor Services Officer Rebecca Renshaw Public Programs Coordinator Claire Campbell (maternity leave Heide Store Manager from November) Maria Davies Jennifer Ross Visitor & Membership Registrar (returned from Services Manager maternity leave September) Anna Draffin Linda Short Deputy Director, Assistant Curator Head of Development (maternity leave & Communications from January) (maternity leave from April – October)

35 11. Staff & Volunteers Heide Museum of Modern Art 2009 Annual Report

Visitor Services Officers Business Services Volunteers Emma Agius Paul Galassi Curatorial & Programming Facilities Manager Alice Bennett Volunteer Guides 2009 (to March) Paula Greene Jan Andrews Business, Finance & Carol Cardoso Valma Angliss AM Sustainability Manager (from August) Jenny Anson Margaret Swallow Danny Djurovic Lynne Curtis Finance & Office (to August) Gay Cuthbert Administrator Shirley Daffen Tom Greenaway Gardens Judy Davies Esther Gyorki Bridget Dwyer Nick Harrison Gordon Ennis Stacy Jewell Head Gardener Susan Fahey Roisin Murphy (to March) Viona Fung Zoe Partington Danae Jeanes Bill Gillies (to June) Gardener Rosanne Green (to June) Esther Gyorki Penny Peckham Elle Hanson Dugald Noyes Susan Heffernan Brian Pieper Head Gardener Patty Hodder (from April) Judith Hughes Anna White Kate McLaren Gardener Kelly Madigan (July – November) Judy Milne-Pott Jill Nicol Olivia Porter Jane Robinson Bianca Rohjle Helen Stewart

36 11. Staff & Volunteers Heide Museum of Modern Art 2009 Annual Report

Volunteers & Interns Emma Brown Amy Middleton Sallie Butler Bob Miller Justine Grace Ron Chapman Jane Mooney Helen Hughes Jane Clark Helen Murray Stacy Jewell Annie Cleveland Sue Nunis Genevieve Osborn Lisa Collins Rae O’Shaughnessy Jo Sapir Katrina Collins Jenny Osborne Mary Waters Catherine Copley Jenny Papas Letitia Prunetti Erin Davidson Murray Pearce Meredith Dellar Kevin Pearson Education Volunteers Clare Diamond Judith Perry Judith Bridges Ann Dickey Catherine Pieper Jo Campbell Clare Dunne Vivienne Reed Irene Cook Brent Edwards Anne Rees Bronte Cullis Tony Fagioli Harold Riggall Jane Dyer Sita Fatchen Barbro Roberts Diane Goetze Jeanette Fry Karen Salter Megan Hill Robin Gibson Claire Sarandis Marita Kelly Bev Gray Lesley Schmidt Priscilla Lane Charlotte Haigh Romina Sgro Grace Longato Leona Haintz Rowan Sinton Kerry Lucas Cathy Harrison Carmel Speer Rochelle Matthews Del Heaton Bridget Stokell Jackie Moss Karen Hinde Denise Thamrin Lesley Nisbet Heather Howes Margaret Van de Walle Jill Nicol Caroline Hughes Shirley Walker Cathy Price Olivia Jackson Marika Wanklyn Michela Sirianni Rachel Jones Suzanne Wolny Gail Southwell Georgia Kardaras Megg Walstab Magdalena Vaiopolous Angelica Kerama Mary Waters Jan Kondarovskas Erin Watson Visitor Services Priscilla Lane Lola Wenn Volunteers Christine Lavender Barbara Winter Heather Adam Eleanor Lindberg Nancy Wood Libby Austen Monica McKean Camille Woodward Margaret Belcher Beryl McKenzie Maree Xuereb Andrew Black Anne McLachlan Anna Yau Lula Black Stephanie Mainwaring Feyza Yazar Katy Bowman Rochelle Matthews Eleisha Yau Caitlin Breare Faye Meldrum Margaret Breare Anna Metcalfe

37 11. Staff & Volunteers Heide Museum of Modern Art 2009 Annual Report

38 39

37 40 41

42 43

37 paul Yore 39 barbara Blackman, Tom & Sylvia Lowenstein 42 barbara Tucker & Caroline Williams Mora 38 Max Delaney, Callum Morton & Daniel Besen 40 kendrah Morgan & David Rainey 43 Shelly Lasica, Kathy Temin & Roslyn Oxley 41 terry Bracks & Kim McGrath

38 11. Staff & Volunteers Heide Museum of Modern Art 2009 Annual Report

44 45

46 47

48 49 50

44 lesley Harding & Sue Cramer 46 ewan McDonald, Christine Tappenden 48 Jaqlin Lyon, Corbett Lyon, Anna Schwartz, 45 Stephanie Alexander, Craig Kimberley & Trevor Tappenden Kathy Temin & Jason Smith & John Downer AM 47 Jason Smith, Penelope Seidler & Bruce Hughes 49 william J Forrest AM & Paula Greene 50 linda Michael & Ann Stephen

39 12. Financial Statements Heide Museum of Modern Art 2009 Annual Report

page

12. Financial directors’ report 41 statements auditor’s independence declaration 44 statement of comprehensive income 45

Statement of Financial Position 47

Statement of Changes in Equity 48

Statement of Cash Flows 49

Notes to the Financial Statements 50

Directors’ Declaration 67

Independent Audit Report 68

40 12. Financial Statements Heide Museum of Modern Art 2009 Annual Report

Director’s Report d. State of affairs g. Likely developments Your directors present their report The following significant change in Likely developments in the operations on the company for the financial the state of affairs occurred during of the company and the expected results year ended 31 December 2009. the financial year: of those operations in future financial years have not been included in this report During the redevelopment of the 1. General information as the inclusion of such information is McGlashan Everist Heritage Carport that likely to result in unreasonable prejudice previously housed the Heide Café, Heide a. Directors to the company. operated a temporary café facility in the The names and particulars of the foyer of Heide III. With the completion of h. Environmental regulation directors in office at any time during, the café redevelopment in November 2009, or since the end of, the year are: the temporary cafe closed. The Heide III The company’s operations are not regulated by any significant environ- Names foyer was returned to its function as the Heide Store and the new café facility mental regulation under a law of the Fiona Bennett commenced operation as Café Vue at Commonwealth or of a state or territory. Jennifer Darbyshire Heide under the third party management of Vue de monde. i. Dividends John Downer The company is precluded from the Alison Inglis e. Principal Activity declaration or payment of dividends by Craig Kimberley The principal activity of Heide Park & its Constitution. Any accumulated surplus Art Gallery during the financial year was remaining on winding up is to be distributed Mark Newman the operation and stewardship of Heide to like not for profit organisations. Trevor Tappenden Museum of Modern Art and surrounding Directors have been in office since the gardens and parkland, including special j. Proceedings start of the financial year to the date exhibitions, education and public programs A public liability claim that was lodged of this report unless otherwise stated. and care of the Heide Collections. against the company for alleged negligent No significant change in the nature of maintenance of footpaths in January 2009 b. Operating results this activity occurred during the year. was settled out of court in October 2009. The surplus of Heide Park & Art Gallery Apart from the above matter, no person amounted to $1,990,179 (2008: $1,857,248). f. Events subsequent to balance date has applied for leave of Court to bring No matters or circumstances have arisen proceedings on behalf of the company c. Business review since the end of the financial year which or intervene in any proceedings to which During the year, the company continued significantly affected or may significantly the company is a party for the purpose to engage in its principal activity, the affect the operations of the company, of taking responsibility on behalf of the results of which are disclosed in the the results of those operations or the company for all or any part of those attached financial statements. state of affairs of the company in future proceedings. financial years.

41 12. Financial Statements Heide Museum of Modern Art 2009 Annual Report

2. Information on Directors

Fiona Bennett Chartered Accountant, Company Director Qualifications BA(Hons), FCA, FAICD, FAIM, MIIA Special Responsibilities Chair: Audit and Risk Management Committee

Jennifer Darbyshire Senior Legal Counsel, National Australia Bank Qualifications BA, LLB (Hons), LLM, Grad Dip (Company Secretarial Practice) Special Responsibilities Chair: Remuneration and Human Resources Policy Committee John Downer Engineer & Company Director Qualifications BEng (Hons) Special Responsibilities Audit and Risk Management Committee Alison Inglis Associate Professor, University of Melbourne Qualifications BA (Hons), PhD Special Responsbilities Remuneration and Human Resources Policy Committee Craig Kimberley Company Director Mark Newman Executive Director & Chief Investment Officer, K2 Asset Management Qualifications BEcon Trevor Tappenden Chartered Accountant, Company Director Qualifications ACA Special Responsibilities Chairman

42 12. Financial Statements Heide Museum of Modern Art 2009 Annual Report

Meetings of Directors During the financial year, 5 meetings of directors were held. Attendances by each director during the year were as follows:

Directors Meetings

Number eligible Number attended to attend

Fiona Bennett 5 4

Jennifer Darbyshire 5 5

John Downer 5 4

Alison Inglis 5 5

Craig Kimberley 5 4

Mark Newman 5 3

Trevor Tappenden 5 5

43 12. Financial Statements Heide Museum of Modern Art 2009 Annual Report

3. Indemnifying Officers 4. Auditor’s Independence I declare that, to the best of my knowledge or Auditors Declaration and belief, during the year ended 31 December 2009 there have been: A copy of the auditor’s independence Indemnities declaration as required under section (i) no contraventions of the auditor During or since the end of the financial 307C of the Corporations Act 2001 is independence requirements as set out year the company has given an indemnity set out at right. in the Corporations Act 2001 in relation or entered into an agreement to indemnify, to the audit; and Signed in accordance with a resolution or paid or agreed to pay insurance of the Board of Directors: (ii) no contraventions of any applicable premiums as follows: code of professional conduct in

relation to the audit. Insurance premiums paid for directors The company has paid premiums to insure each of the following directors against liabilities for costs and expenses Trevor Tappenden incurred by them in defending any legal Director Saward Dawson Chartered Accountants proceedings arising out of their conduct while acting in the capacity of director of Tim Flowers the company, other than conduct involving Partner a wilful breach of duty in relation to the 23 March 2010 company. The amount of the premium was $1,076 for each director. Fiona Bennett Fiona Bennett Director Jennifer Darbyshire 23 March 2010 John Downer Alison Inglis Craig Kimberley Mark Newman Trevor Tappenden

44 12. Financial Statements Statement of Comprehensive Income Heide Museum of Modern Art 2009 Annual Report

Statement of Comprehensive Income for the year ended 31 December 2009 2009 2008 Note $ $

Operating Activities Revenue from operating activities 2 2,982,190 2,912,868 Programming expenses (436,551) (405,186) Marketing expenses (491,263) (423,073) Collection expenses (80,841) (86,069) Costs of goods sold (191,020) (153,959) Commercial operations expenses (19,791) (18,245) Repairs and maintenance (179,263) (188,035) Grounds and gardens (50,443) (51,667) Utilities (86,802) (101,095) Insurance (99,808) (92,179) Borrowing costs (29) (50) Depreciation, amortisation and impairment (483,631) (414,296) Employee benefits expense (1,640,402) (1,442,874) Other expenses from operating activities (215,475) (128,525)

Total operating expenses (3,975,319) (3,505,253)

Net surplus (deficit) from operating activities (993,129) (592,385)

Investing Activities Gain on sale of investments 178,921 117,602 Brokerage costs (3,157) (5,390)

Net surplus from investing activities 175,764 112,212

The accompanying notes form part of the financial statements

45 12. Financial Statements Statement of Comprehensive Income Heide Museum of Modern Art 2009 Annual Report

Statement of Comprehensive Income cont. for the year ended 31 December 2009 2009 2008 Note $ $

Philanthropic Activities Donations and sponsorships (including gifts in kind) 23,835 49,519 Donated works of art (at market value) 2 945,500 1,314,075

969,335 1,363,594

Development expenses (11,438) (25,956)

Net surplus from philanthropic activities 957,897 1,337,638

Capital Activities Donations 393,090 5,917 Government grants 1,435,609 958,853 Interest revenue from other persons 51,224 47,411

1,879,923 1,012,181

Capital redevelopment expenses (30,276) (12,398)

Net surplus from capital activities 1,849,647 999,783

Net surplus for the year from all activities 1,990,179 1,857,248

Other comprehensive income Net (loss)/gain on revaluation of financial assets 212,109 (434,105) Net gain on revaluation of Works of Art – 2,043,009

Total comprehensive income for the period 2,202,288 3,466,152

The accompanying notes form part of the financial statements

46 12. Financial Statements Statement of Financial Position Heide Museum of Modern Art 2009 Annual Report

Statement of Financial Position as at 31 December 2009 2009 2008 Note $ $

ASSETS Financial Assets Cash and cash equivalents 4 190,885 2,096,400 Trade and other receivables 5 1,241,261 1,370,436 Financial assets 6 1,235,400 441,576

Total Financial Assets 2,667,546 3,908,412

Non-Financial assets Inventories 7 72,043 64,485 Property, plant and equipment 8 13,863,064 12,262,976 Other current assets 9 61,228 56,323 Works of Art 9 40,575,148 39,621,830

Total Non-Financial Assets 54,571,483 52,005,614

TOTAL ASSETS 57,239,029 55,914,026

LIABILITIES Trade and other payables 10 1,877,840 2,789,930 Borrowings 11 9,179 7,524 Short-term provisions 12 105,899 72,749

TOTAL LIABILITIES 1,992,918 2,870,203

NET ASSETS 55,246,111 53,043,823

EQUITY Reserves 13 43,322,398 42,184,789 Accumulated surpluses 11,923,713 10,859,034

TOTAL EQUITY 55,246,111 53,043,823

The accompanying notes form part of the financial statements

47 12. Financial Statements Statement of Changes in Equity Heide Museum of Modern Art 2009 Annual Report

Statement of Changes in Equity for the year ended 31 December 2009 rtworks ssets A ssets A

onated otal Revaluation Revaluation Reserve T Reserve D Reserve Financial Retained Surplus A sset Revaluation 2009 $ $ $ $ $

Balance at 1 January 2009 10,859,034 24,401,329 17,473,634 309,826 53,043,823 Surplus from ordinary activities 1,990,179 – – – 1,990,179 Revaluation increment – – – 212,109 212,109 Transfers to and from reserves – donated artwork reserve (945,500) – 945,500 – – – asset revaluation reserve 20,000 (20,000) – – –

Balance at 31 December 2009 11,923,713 24,381,329 18,419,134 521,935 55,246,111

rtworks ssets A ssets A

onated otal Retained Surplus A sset Revaluation Reserve D Reserve Financial Revaluation Reserve T 2008 $ $ $ $ $

Balance at 1 January 2008 10,315,862 22,358,320 16,159,558 743,932 49,577,672 Surplus from ordinary activities 1,857,248 – – – 1,857,248 Revaluation increment (decrement) – 2,043,009 – (434,106) 1,608,903 Transfers to and from reserves – donated artwork reserve (1,314,076) – 1,314,076 – –

Balance at 31 December 2008 10,859,034 24,401,329 17,473,634 309,826 53,043,823

The accompanying notes form part of the financial statements

48 12. Financial Statements Statement of Cash Flows Heide Museum of Modern Art 2009 Annual Report

Statement of Cash Flows for the year ended 31 December 2009 2009 2008 Note $ $

Cash from operating activities: Receipts from customers donations and sponsorships 1,633,980 1,030,755 Payments to suppliers and employees (3,687,359) (2,947,805) Grant receipts 2,535,537 1,765,230 Dividends received 53,231 44,395 Interest received 96,957 106,898 Interest paid (29) (50)

Net cash provided by (used in) operating activities 16 632,317 (577)

Cash flows from investing activities: Capital grant and pledge receipts – 1,103,029 Proceeds from sale of investments 289,994 359,291 Acquisition of property, plant and equipment (2,083,719) (925,899) Acquisition of other non current assets (7,945) (43,634) Acquisition of other investments (737,817) –

Net cash provided by (used in) investing activities (2,539,487) 492,787

Cash flows from financing activities: New short term borrowings drawn 1,655 301

Net cash provided by (used in) financing activities 1,655 301

Net increase (decreases) in cash held (1,905,515) 492,511 Cash and cash equivalents at beginning of year 2,096,400 1,603,889

Cash at end of financial year 4 190,885 2,096,400

The accompanying notes form part of the financial statements

49 12. Financial Statements Notes to the Financial Statements Heide Museum of Modern Art For the year ended 31 December 2009 2009 Annual Report

Notes to the Financial Statements The following is a summary of the Improvements material accounting policies adopted for the year ended 31 December 2009 The company acts as a government by the company in the preparation of appointed committee of management Note 1. Accounting policies the financial report. The accounting with respect to the property known as policies have been consistently applied, Heide Park and Art Gallery. The directors a. General information unless otherwise stated. are of the opinion that the custodianship The financial report is a general purpose over Heide Park is permanent in nature c. Income taxes financial report that has been prepared and therefore they believe that it is in accordance with Australian Accounting No current or deferred income tax assets appropriate to value the leasehold Standards, Australian Accounting or liabilities have been raised by the improvements on a basis consistent Interpretations, other authoritative company as it is exempt from income with AASB 116 Property, Plant and pronouncements of the Australian tax under Division 50 of the Income Tax Equipment. The value of capitalised Accounting Standards Board and the Assessment Act. The company has sought leasehold improvements will be amortised Corporations Act 2001. and received confirmation of its income over their expected useful life (applicable tax exempt status from the Australian The financial report covers Heide Park amortisation rate used is 2.5%). Leasehold Taxation Office under the Charitable & Art Gallery as a company limited by improvements are amortised over 40 years. Institution rules outlined in the Act. guarantee, incorporated and domiciled It should be noted that a directors’ in Australia valuation was undertaken in 2006 d. Inventories and indicated no impairment of land b. Basis of preparation Inventories are measured at the lower and buildings or lease and freehold of cost and net realisable value. Costs Australian Accounting Standards set out improvements. are assigned on a first-in first-out basis. accounting policies that the AASB has concluded would result in a financial Plant and equipment e. Property, plant and equipment report containing relevant and reliable Plant and equipment are measured information about transactions, events on the cost basis less depreciation Land and buildings and conditions. Material accounting and impairment losses. policies adopted in the preparation Freehold land and buildings are shown The carrying amount of plant and of this financial report are presented at cost less subsequent depreciation of equipment is reviewed annually by below and have been consistently applied buildings. It is the policy of the company directors to ensure it is not in excess of unless otherwise stated. to have an independent valuation every the recoverable amount from these assets. three years, with annual appraisals being The financial report has been prepared The recoverable amount is assessed on made by the directors. The company’s on an accruals basis and is based on the basis of the expected net cash flows directors review the depreciated historical costs modified by the revaluation that will be received from the assets replacement cost of the buildings and of selected non-current assets, and employment and subsequent disposal. leasehold improvements on an annual financial assets and financial liabilities The expected net cash flows have been basis to ensure that the carrying values for which fair value basis of accounting discounted to their present values in are not in excess of the valuation, has been applied. determining recoverable amounts. as required by AASB 136 Impairment of Assets. Increases in the carrying amount arising on revaluation of land and buildings are credited to a revaluation reserve in equity. Decreases that offset previous increases of the same asset are charged against fair value reserves directly in equity; all other decreases are charged to the income statement.

50 12. Financial Statements Notes to the Financial Statements Heide Museum of Modern Art For the year ended 31 December 2009 2009 Annual Report

Depreciation f. Leases g. Financial Instruments The depreciable amount of all fixed Leases of fixed assets where substantially Recognition assets including buildings and capitalised all the risks and benefits incidental to the leased assets, but excluding freehold ownership of the asset, but not the legal Financial instruments are initially land, is depreciated on a straight-line ownership are transferred to the company measured at cost on trade date, which basis over their useful lives to the are classified as finance leases. includes transaction costs, when the Company commencing from the time related contractual rights or obligations Finance leases are capitalised by recording the asset is held ready for use. Leasehold exist. Subsequent to initial recognition an asset and a liability at the lower of improvements are depreciated over the these instruments are measured as set the amounts equal to the present value shorter of either the unexpired period out below. of the minimum lease payments, including of the lease or the estimated useful lives any guaranteed residual values. Lease Available-for-sale financial assets of the improvements. payments are allocated between the All of the company’s investments are The depreciation rates used for each reduction of the lease liability and the classified as available-for-sale financial class of depreciable assets are: lease interest expense for the period. assets. Available-for-sale financial assets Buildings 2.5% Leased assets are depreciated on a are reflected at fair value. Unrealised straight-line basis over their estimated gains and losses arising from changes Plant and Equipment 20% useful lives where it is likely that the in fair value are taken directly to equity. Computer Equipment 40% company will obtain ownership of the Leasehold improvements 2.5% asset or over the term of the lease Fair value Lease payments for operating leases, Fair value is determined based on current Impairment where substantially all the risks and bid prices for all quoted investments. The assets’ residual values and useful benefits remain with the lessor, are lives are reviewed, and adjusted if charged as expenses in the periods Loans and receivables appropriate, at each balance sheet date. in which they are incurred. Loans and receivables are non-derivative An asset’s carrying amount is written financial assets with fixed or determinable down immediately to its recoverable payments that are not quoted in an active amount if the asset’s carrying amount market and are stated at amortised cost is greater than its estimated recoverable using the effective interest rate method. amount. Impairment Gains and losses on disposals are determined by comparing proceeds At each reporting date, the company with the carrying amount. These gains assesses whether there is objective or losses are included in the income evidence that a financial instrument has statement. When revalued assets are been impaired. In the case of available-for- sold, amounts included in the revaluation sale financial instruments, a prolonged reserve relating to that asset are decline in the value of the instrument transferred to retained earnings. is considered to determine whether an impairment has arisen. Impairment losses are recognised in the income statement.

51 12. Financial Statements Notes to the Financial Statements Heide Museum of Modern Art For the year ended 31 December 2009 2009 Annual Report

h. Employee Benefits as deferred income until such time as n. Works of art the funded activities are undertaken. Provision is made for the company’s The company undertook an independent liability for employee benefits arising from Revenue from the sale of goods is valuation of the works of art in full as at services rendered by employees to balance recognised upon the delivery of goods 31 December 2008. Further details of the date. Employee benefits that are expected to customers. valuation are provided as part of Note 8. to be settled within one year have been Interest revenue is recognised on a The directors have determined that measured at the amounts expected to proportional basis taking into account where the works of art are owned by be paid when the liability is settled. Other the interest rates applicable to the the company or provided to the company employee benefits payable later than financial assets. under an enduring stewardship one year have been measured at present arrangement, their value should be value. The company has not accounted Dividend revenue is recognised when disclosed as assets of the company. Works for on costs on these provisions. the right to receive a dividend has been of art on loan or provided to the company established. Contributions are made by the company under a non-enduring stewardship to an employee superannuation fund and Donation income is recognised when arrangement are not disclosed as assets are charged as expenses when incurred. it is received. of the company. Industry standards stipulate that the company must maintain Other revenue is recognised when the and insure all works of art held. i. Cash and Cash Equivalents right to receive the revenue has been Cash and cash equivalents include established. o. Graeme Sturgeon Memorial Trust cash on hand, deposits held at call All revenue is stated net of the amount The company acts as trustee for the with banks, and other short-term highly of goods and services tax (GST). liquid investments with original Graeme Sturgeon Memorial Trust, a trust maturities of three months or less. established to promote the creation and l. Goods and Services Tax (GST) appreciation of Australian contemporary j. Deferred Income Revenues, expenses and assets are sculpture. The trust funds are administered recognised net of the amount of GST, by the company but are excluded from Deferred income shown in the accounts except where the amount of GST incurred the financial statements as the funds will be brought to account over the service is not recoverable from the Australian must be appropriated in accordance with delivery period based on the percentage Taxation Office. In these circumstances the deed of trust. The trust’s cash is of completion method. For further details the GST is recognised as part of the cost recorded in a separate bank account and refer to the revenue recognition policy of acquisition of the asset or as part of the directors who are also trustees of the that follows. an item of the expense. Receivables and trust determined that the assets of the payables in the statement of financial trust were sufficient to meet any liabilities k. Revenue position are shown inclusive of GST. of the trust as at 31 December 2009. At Donated works of art are recognised as 31 December 2009, the available assets revenue at market value at the time the m. Capital work in progress within the trust fund amounted to $522. works are donated. Work in progress is valued at cost where p. Comparative Figures Government grants are recognised as the costs incurred meet the definition income as they are earned. Where grants of an asset within the AASB Framework Comparative figures have been adjusted relate to activities not yet undertaken, and for the Preparation and Presentation to conform to changes in presentation for there is an obligation to repay those funds of Financial Statements and where no the current financial year where required if they are not spent for the approved impairment indicators are present as by accounting standards or as a result of purpose then such funds are recognised defined by AASB 136 Impairment of Assets. a change in accounting policy.

52 12. Financial Statements Notes to the Financial Statements Heide Museum of Modern Art For the year ended 31 December 2009 2009 Annual Report

q. Impairment of assets AASB 101: Presentation of Financial t. New Accounting Standards for At each reporting date, the company Statements Application in Future Periods reviews the carrying values of its tangible In September 2007 the Australian The AASB has issued new, revised and and intangible assets to determine Accounting Standards Board revised amended standards and interpretations whether there is any indication that those AASB 101 and as a result, there have that have mandatory application dates assets have been impaired. If such an been changes to the presentation and for future reporting periods and which indication exists, the recoverable amount disclosure of certain information within the company has not adopted early. of the asset, being the higher of the asset’s the financial statements. Below is an A discussion of those future requirements fair value less costs to sell and value in overview of the key changes and the and their impact on the company is as use or where appropriate depreciated impact on the company’s financial follows: replacement cost, is compared to the statements. – AASB 2008–5: Amendments to Australian asset’s carrying value. Any excess of the Disclosure impact Accounting Standards arising from asset’s carrying value over its recoverable the Annual Improvements Project amount is expensed to the income Terminology changes — The revised (applicable for annual reporting periods statement. version of AASB 101 contains a number commencing from 1 January 2009) and of terminology changes, including the AASB 2008–6: Further Amendments to r. Critical accounting estimates amendment of the names of the primary Australian Accounting Standards arising and judgments financial statements. from the Annual Improvements Project The directors evaluate estimates and Statement of comprehensive income — (applicable for annual reporting periods judgments incorporated into the financial The revised AASB 101 requires all income commencing from 1 July 2009). report based on historical knowledge and expenses to be presented in either one These standards detail numerous and best available current information. statement, the statement of comprehensive non-urgent but necessary changes to Estimates assume a reasonable income, or two statements, a separate accounting standards arising from the expectation of future events and based income statement and a statement of IASB’s annual improvements project. on current trends and economic data, comprehensive income. The previous No changes are expected to materially obtained both externally and within version of AASB 101 required only the affect the company. the entity. presentation of a single income statement.

The company’s financial statements now s. Adoption of New and Revised contain a statement of comprehensive Accounting Standards income. During the current year the company Other comprehensive income — The adopted all of the new and revised revised version of AASB 101 introduces the Australian Accounting Standards and concept of ‘other comprehensive income’ Interpretations applicable to its operations which comprises of income and expenses which became mandatory. that are not recognised in profit or loss as The adoption of these standards has required by other Australian Accounting impacted the recognition, measurement Standards. Items of other comprehensive and disclosure of certain transactions. The income are to be disclosed in the statement following is an explanation of the impact of comprehensive income. The previous the adoption of these standards and version of AASB 101 did not contain an interpretations has had on the financial equivalent concept. statements of Heide Park and Art Gallery.

53 12. Financial Statements Notes to the Financial Statements Heide Museum of Modern Art For the year ended 31 December 2009 2009 Annual Report

t. New Accounting Standard for Note 2: Revenue Application in Future Periods 2009 2008 continued Note $ $ – AASB 2009–4: Amendments to Australian Accounting Standards arising from the Operating activities Annual Improvements Project [AASB 2 – sale of goods 354,510 286,476 and AASB 138 and AASB Interpretations – admissions 283,865 300,224 9 & 16] (applicable for annual reporting – government grants 1,659,741 1,537,342 periods commencing from 1 July 2009) – donations and sponsorship and AASB 2009–5: Further Amendments (including gifts in kind) 469,722 543,420 to Australian Accounting Standards arising from the Annual Improvements – interst and dividends 98,964 103,882 Project [AASB 5, 8, 101, 107, 117, 118, – other 115,388 141,524 136 & 139] (applicable for annual reporting periods commencing from Total Revenue from Operating Activities 2,982,190 2,912,868 1 January 2010). (a) Dividend revenue from: These standards detail numerous other corporations 53,231 44,395 non-urgent but necessary changes to accounting standards arising from the IASB’s annual improvements project. (b) Interest revenue from: No changes are expected to materially other persons 96,957 106,898 affect the company. – AASB 2009–7: Amendments to Australian Accounting Standards [AASB 5, 7, 107, Significant Revenue 112, 136 & 139 and Interpretation 17] (applicable for annual reporting periods The following significant revenue commencing on or after 1 July 2009). items are relevant to explaining This Standard reflects editorial changes the financial performance: made to a number of accounting Donated works of art (at market value) 945,500 1,314,075 standards by the IASB. No changes are Government grants 1,659,741 1,537,342 expected to materially affect the company. Gain on sale of investments 178,921 117,602 The company does not anticipate early adoption of any of the above reporting requirements and does not expect these requirements to have any material effect on the company’s financial statements.

54 12. Financial Statements Notes to the Financial Statements Heide Museum of Modern Art For the year ended 31 December 2009 2009 Annual Report

Note 3: Surplus from Ordinary Activities

2009 2008 $ $

Surplus (deficit) from Ordinary Activities has been determined after:

(a) Expenses from Ordinary Activities Depreciation of property, plant and equipment 174,473 159,892 Amortisation of leasehold improvements 309,158 254,404

Remuneration of auditor Auditing or reviewing the financial report 16,600 16,450 Other services: Preparation of financial statements 3,000 4,600

(b) Revenue and Net Gains Net gain on disposal of non‑current assets: – investments 178,921 117,602

55 12. Financial Statements Notes to the Financial Statements Heide Museum of Modern Art For the year ended 31 December 2009 2009 Annual Report

Note 4: Cash and Cash Equivalents

2009 2008 $ $ Cash on hand 2,957 3,191 Cash at bank 187,928 376,980 Deposits at call – 1,716,229

190,885 2,096,400

Note 5: Trade and other receivables

Current Trade receivables 11,523 38,969 Government grant – operations 638,000 730,761 Government grant – capital – 88,000 Other receivables 591,738 512,706

1,241,261 1,370,436

Note 6: Financial Assets

Available‑for‑sale Financial Assets Comprise: Listed investments at fair value 1,235,400 441,576 Total available‑for‑sale financial assets 1,235,400 441,576

Available-for-sale financial assets comprise of investments in the ordinary issued capital of various entities. There are no fixed returns or fixed maturity date attached to these investments.

Note 7: Inventories

Current At net realisable value Stock on hand 72,043 64,485

72,043 64,485

56 12. Financial Statements Notes to the Financial Statements Heide Museum of Modern Art For the year ended 31 December 2009 2009 Annual Report

Note 8: Property plant and equipment

2009 2008 $ $

Land and Buildings Freehold land at deemed cost 500,000 500,000

Buildings At deemed cost 1,100,000 1,100,000 Less accumulated depreciation (192,500) (165,000)

Total buildings 907,500 935,000

Plant and Equipment Capital works in progress – 277,371

Plant and equipment At cost 1,698,118 1,439,865 Less accumulated depreciation (890,429) (715,956)

Total plant and equipment 807,689 723,909

Computer software At cost 30,941 30,941 Less accumulated depreciation (15,986) (9,798)

Total computer software 14,955 21,143

Leasehold improvements Improvements 12,879,036 10,776,200 Less accumulated amortisation (1,246,116) (970,647)

Total leasehold improvements 11,632,920 9,805,553

Total property, plant and equipment 13,863,064 12,262,976

57 12. Financial Statements Notes to the Financial Statements Heide Museum of Modern Art For the year ended 31 December 2009 2009 Annual Report

Note 8: Property plant and equipment continued

Movements in Carrying Amounts otal 31 December 2009 Freehold land Buildings Leasehold improvements Plant and Equipment Capital works in progress Computer Software T $ $ $ $ $ $ $

Balance at the beginning of year 500,000 935,000 9,805,553 723,910 277,370 21,143 12,262,976 Additions – – – 258,253 1,825,466 – 2,083,719 Transfers – – 2,102,836 – (2,102,836) – – Depreciation expense – (27,500) (275,469) (174,474) – (6,188) (483,631)

Carrying amount at the end of year 500,000 907,500 11,632,920 807,689 – 14,955 13,863,064

Movements in Carrying Amounts otal 31 December 2008 Freehold land Buildings Leasehold improvements Plant and Equipment Capital works in progress Computer Software T $ $ $ $ $ $ $

Balance at the beginning of year 500,000 962,500 10,058,971 134,067 68,504 27,331 11,751,373 Additions – – 986 716,047 208,866 – 925,899 Depreciation expense – (27,500) (254,404) (126,204) – (6,188) (414,296)

Carrying amount at the end of year 500,000 935,000 9,805,553 723,910 277,370 21,143 12,262,976

58 12. Financial Statements Notes to the Financial Statements Heide Museum of Modern Art For the year ended 31 December 2009 2009 Annual Report

Note 9: Other Assets 2009 2008 $ $

Current

Other current assets 61,228 56,323

Non‑Current

Works of art 40,575,148 39,621,830

The directors have based their valuation of Works of Art on an independent valuation performed as at 31 December 2008. In addition to the works of art owned by the company or subject to enduring stewardship arrangement disclosed above, the value of works of art on long-term loan to the company or subject to non-enduring stewardship arrangements total $8,136,875 which has not been recorded as an asset of the company.

Note 10: Trade and other payables

Current Unsecured liabilities Trade payables 565,444 408,858 Deferred income—other – 150,000 Deferred income—government grants 686,803 1,658,411 Other payables 625,593 572,661

1,877,840 2,789,930

Note 11: Borrowings

Current Credit card amounts payable 9,179 7,524 9,179 7,524

59 12. Financial Statements Notes to the Financial Statements Heide Museum of Modern Art For the year ended 31 December 2009 2009 Annual Report

Note 12: Provisions 2009 2008 $ $

Employee Entitlements Opening balance at 1 January 72,749 92,062 Additional provisions 105,023 90,948 Utilised during the period (71,873) (110,261)

Balance at 31 December 105,899 72,749

Analysis of Total Provisions Current 105,899 72,749 105,899 72,749

note 13: Reserves a. Asset Revaluation Reserve The asset revaluation reserve records revaluations of non current assets. The balance of the Asset Revaluation Reserve at 31 December 2009 was $24,381,329. b. Financial Asset Revaluation Reserve The financial asset revaluation reserve records the unrealised gain on financial investments. The balance of the Financial Asset Revaluation Reserve at 31 December 2009 was $521,935. c. Donated Artworks Reserve This reserve represents the value of works of art donated or bequeathed to the company. The balance of the Donated Artworks Reserve at 31 December 2009 was $18,419,134. Subsequent revaluation of the Works of Art are recognised in the Asset Revaluation Reserve.

note 14: Economic Dependence The continued operation of Heide Park and Art Gallery is dependent on funding provided by the State Government of Victoria.

note 15: Segment Reporting The company operates predominately in one business and geographical segment being the operation of Heide Museum of Modern Art and surrounding parkland, located at 5 and 7 Templestowe Road, Bulleen Victoria.

60 12. Financial Statements Notes to the Financial Statements Heide Museum of Modern Art For the year ended 31 December 2009 2009 Annual Report

Note 16: Cash Flow Information 2009 2008 $ $

Reconciliation of cashflow from operations with surplus for the year Net surplus / deficit for the year 1,990,179 1,857,248

Non‑cash flows in surplus Amortisation 309,157 254,404 Depreciation 174,473 159,892 Net (gain)/loss on sale investments (133,765) (117,533) Works of art (donated)/written off (945,500) (1,314,075) Capital grants and donations – (1,103,029)

Changes in assets and liabilities (Increase)/decrease in trade and term receivables 129,175 256,824 (Increase)/decrease in other assets (4,905) (7,336) (Increase)/decrease in inventories (7,558) 7,034 Increase/(decrease) in trade payables and accruals 209,518 715,997 Increase/(decrease) in grants received in advance (1,121,607) (690,689) Increase/(decrease) in provisions 33,150 (19,314)

632,317 (577)

Note 17: Capital and Leasing Commitments

2009 2008 Capital Expenditure Commitments $ $

Capital expenditure commitments contracted for: Café redevelopment 104,897 121,213

104,897 121,213

61 12. Financial Statements Notes to the Financial Statements Heide Museum of Modern Art For the year ended 31 December 2009 2009 Annual Report

NOTE 18: Financial Risk Management

The company’s financial instruments consist mainly of deposits with banks, local money market instruments, short-term investments and accounts receivable and payable. The totals for each category of financial instruments, measured in accordance with AASB 139 as detailed in the accounting policies to these financial statements, are as follows:

2009 2008 Note $ $

Financial Assets Cash and cash equivalents 4 190,885 2,096,400 Trade and other receivables 5 1,241,261 1,370,436 Available-for-sale financial assets – Equity Investments 6 1,235,400 441,576

2,667,546 3,908,412

Financial Liabilities Financial liabilities at amortised cost – Trade and other payables 10 1,191,037 981,519 – Borrowings 11 9,179 7,524

1,200,216 989,043

Financial Risk Management Policies The Board’s overall risk management strategy seeks to assist the company in meeting its financial targets, whilst minimising potential adverse effects on financial performance. Risk management policies are reviewed by the board on a regular basis. These include credit risk policies and future cash flow requirements. Specific Financial Risk Exposures and Management The main risks the company is exposed to through its financial instruments are interest rate risk, liquidity risk, credit risk and equity price risk.

62 12. Financial Statements Income Statement Heide Museum of Modern Art 2009 Annual Report

NOTE 18: Financial Risk Management Liquidity Risk continued Liquidity risk arises from the possibility Credit Risk that the company might encounter difficulty in settling its debts or otherwise Exposure to credit risk relating to financial meeting its obligations in relation to assets arises from the potential non- financial liabilities. The company manages performance by counter parties of contract this risk through the following mechanisms: obligations that could lead to a financial loss for the company. – preparing forward looking cash flow analysis in relation to its operational, The company does not have any material investing and financing activities; credit risk exposure as the major source of revenue is the receipt of grants. Credit – maintaining a reputable credit profile; risk is further mitigated as over 90% of – managing credit risk related to financial the grants being received from state and assets; federal governments are in accordance with funding agreements. – only investing surplus cash with major financial institutions; and – comparing the maturity profile of financial liabilities with the realisation profile of financial assets. The tables on the following pages reflect an undiscounted contractual maturity analysis for financial liabilities. Cash flows realised from financial assets reflect management’s expectation as to the timing of realisation. Actual timing may therefore differ from that disclosed. The timing of cash flows presented in the table to settle financial liabilities reflects the earliest contractual settlement dates.

63 12. Financial Statements Notes to the Financial Statements Heide Museum of Modern Art For the year ended 31 December 2009 2009 Annual Report

NOTE 18: Financial Risk Management continued

Financial liability and financial asset maturity analysis Total Contractual Within 1 Year 1 to 5 Years Over 5 Years Cash Flow 2009 2008 2009 2008 2009 2008 2009 2008 $ $ $ $ $ $ $ $

Financial liabilities due for payment Trade and other payables (excluding estimated annual leave and deferred income) 1,191,037 981,519 – – – – 1,191,037 981,519

Total contractual outflows 1,191,037 981,519 – – – – 1,191,037 981,519

Total expected outflows 1,191,037 981,519 – – – – 1,191,037 981,519

Financial assets – cash flows realisable Cash and cash equivalents 190,885 2,096,400 – – – – 190,885 2,096,400 Trade, term and loans receivables 1,241,261 1,370,436 – – – – 1,241,261 1,370,436 Other investments 1,235,400 441,576 – – – – 1,235,400 441,576

Total anticipated inflows 2,667,546 3,908,412 – – – – 2,667,546 3,908,412

Net (outflow)/inflow on financial instruments 1,476,509 2,926,893 – – – – 1,476,509 2,926,893

64 12. Financial Statements Notes to the Financial Statements Heide Museum of Modern Art For the year ended 31 December 2009 2009 Annual Report

nOTE 18: Financial Risk Management Sensitivity Analysis Net Fair Values continued The following table illustrates sensitivities The fair values of financial assets and Interest rate risk to the company’s exposures to changes financial liabilities are presented in the in interest rates and equity prices. following table and can be compared to Exposure to interest rate risk arises on The table indicates the impact on how their carrying values as presented in the financial assets and financial liabilities profit and equity values reported at statement of financial position. Fair values recognised at the end of the reporting balance date would have been affected are those amounts at which an asset period whereby a future change in by changes in the relevant risk variable could be exchanged, or a liability settled, interest rates will affect future cash that management considers to be between knowledgeable, willing parties flows or the fair value of fixed rate reasonably possible. These sensitivities in an arm’s length transaction. financial instruments. The company assume that the movement in a particular is also exposed to earnings volatility Fair values derived may be based on variable is independent of other variables. on floating rate instruments. information that is estimated or subject to judgment, where changes in assumptions At 31 December 2009 approximately Profit Equity may have a material impact on the 100% of company debt is fixed rate. $ $ amounts estimated. Areas of judgment Price risk Year Ended 31 and the assumptions have been detailed Price risk relates to the risk that the fair December 2009 below. Where possible, valuation information used to calculate fair value or future cash flows of a financial +/- 2% in interest rates 184 184 value is extracted from the market, with instrument will fluctuate because of +/- 10% in listed more reliable information available from changes in market prices of securities held. investments 123,540 123,540 markets that are actively traded. In this The company is exposed to securities regard, fair values for listed securities price risk on investments held for trading Year Ended 31 are obtained from quoted market bid or for medium to longer terms. Such December 2008 prices. Where securities are unlisted and risk is managed through diversification no market quotes are available, fair value +/- 2% in interest rates 150 150 of investments across industries and is obtained using discounted cash flow +/- 10% in listed geographical locations. analysis and other valuation techniques investments 44,157 44,157 commonly used by market participants. Differences between fair values and carrying values of financial instruments with fixed interest rates are due to the change in discount rates being applied by the market since their initial recognition by the company. Most of these instruments which are carried at amortised cost (ie trade receivables, loan liabilities) are to be held until maturity and therefore the net fair value figures calculated bear little relevance to the company.

65 12. Financial Statements Notes to the Financial Statements Heide Museum of Modern Art For the year ended 31 December 2009 2009 Annual Report

nOTE 18: Financial Risk Management continued

2009 2008 Carrying Carrying amount Net Fair value amount Net Fair value $ $ $ $

Financial Assets Cash and cash equivalents 190,885 190,885 2,096,400 2,096,400 Trade and other receivables 1,241,261 1,241,261 1,370,436 1,370,436 Available for sale financial assets: Listed investments 1,235,400 1,235,400 441,576 441,576

2,667,546 2,667,546 3,908,412 3,908,412

Financial Liabilities Trade and other payables 1,191,037 1,191,037 981,519 981,519 Borrowings 9,179 9,179 7,524 7,524

1,200,216 1,200,216 989,043 989,043

66 12. Financial Statements Notes to the Financial Statements Heide Museum of Modern Art For the year ended 31 December 2009 2009 Annual Report Directors’ Declaration

note 19: Members’ Guarantee DIRECTORS’ DECLARATION

The company is limited by guarantee. The directors of the company declare that: If the company is wound up, the 1. The financial statements and notes, Constitution states that each member is as set out on pages 40 to 66, are in required to contribute a maximum of $50 accordance with the Corporations each towards any outstanding obligations Act 2001 and: of the company. At 31 December 2009 the (a) comply with Accounting Standards; and number of members was 27 (2008: 28). (b) give a true and fair view of the financial note 20: Contra Sponsorship position as at 31 December 2009 and of the performance for the year ended on Heide receives sponsorship in the form that date of the company. of graphic design, printing, catering and advertising in exchange for promoting the 2. In the directors’ opinion, there are provider as a corporate supporter of the reasonable grounds to believe that the gallery. The value of contra sponsorship company will be able to pay its debts as included in the financial statements is and when they become due and payable. $224,291 (2008: $267,814). This declaration is made in accordance with a resolution of the Board of Directors. note 21: Company Details

The registered office of the company is: Heide Park & Art Gallery 7 Templestowe Road Bulleen Vic 3105

Trevor Tappenden Director

Fiona Bennett Director 23 March 2010

67 12. Financial Statements Independent Audit Report Heide Museum of Modern Art 2009 Annual Report

Report on the financial report Auditor’s responsibility Independence We have audited the accompanying Our responsibility is to express an opinion In conducting our audit, we have complied financial report of Heide Park & Art Gallery on the financial report based on our audit. with the independence requirements of (the company), which comprises the We conducted our audit in accordance the Corporations Act 2001. We confirm statement of financial position as at with Australian Auditing Standards. These that the independence declaration 31 December 2009, and the statement Auditing Standards require that we comply required by the Corporations Act 2001, of comprehensive income, statement of with relevant ethical requirements relating provided to the directors of Heide Park & changes in equity and statement of cash to audit engagements and plan and Art Gallery on 23 March 2010 would be in flows for the year ended on that date, a perform the audit to obtain reasonable the same terms if provided to the directors summary of significant accounting policies assurance whether the financial report as at the date of this auditor’s report. and other explanatory notes and the is free from material misstatement. directors’ declaration. Auditor’s opinion An audit involves performing procedures to obtain audit evidence about the In our opinion the financial report of Heide The Responsibility of the Directors amounts and disclosures in the financial Park & Art Gallery is in accordance with for the financial report report. The procedures selected depend the Corporations Act 2001, including: The directors of the company are on the auditor’s judgment, including the a. giving a true and fair view of the responsible for the preparation and assessment of the risks of material company’s financial position as at 31 fair presentation of the financial report misstatement of the financial report, December 2009 and of its performance in accordance with Australian Accounting whether due to fraud or error. In making for the year ended on that date; and Standards (including the Australian those risk assessments, the auditor Accounting Interpretations) and the considers internal control relevant to the b. complying with Australian Accounting Corporations Act 2001. This responsibility entity’s preparation and fair presentation Standards (including the Australian includes establishing and maintaining of the financial report in order to design Accounting Interpretations) and the internal control relevant to the preparation audit procedures that are appropriate in Corporations Regulations 2001. and fair presentation of the financial the circumstances, but not for the purpose report that is free from material of expressing an opinion on the Saward Dawson Chartered Accountants misstatement, whether due to fraud or effectiveness of the entity’s internal error; selecting and applying appropriate control. An audit also includes evaluating accounting policies; and making accounting the appropriateness of accounting policies estimates that are reasonable in the used and the reasonableness of circumstances. accounting estimates made by the Tim Flowers directors, as well as evaluating the overall Partner presentation of the financial report. 23 March 2010 We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

68