2019-11-09T08:02:57-06:00 2018-12-31 352123203 KSM BUSINESS SERVICES INC PO BOX 40857 INDIANAPOLIS IN 462400857 990 2018-01-01 311139447 EITELJORG MUSEUM OF AMERICAN INDIANS AND WESTERN ART INC EITE 3176369378 500 W WASHINGTON ST INDIANAPOLIS IN 46204 JOHN VANAUSDALL PRESIDENT AND CEO 3176369378 2019-11-06 1 CASSE TATE P01271193 3175802000 2019-11-06 64.132.79.19 2019-11-06 12:40:47 ES P BBDC66540045C57DF7301DCF6EDAFB3C14A56A71 BBDC66540045C57DF7301DCF6EDAFB3C14A56A71 2018 2020-03-31 21:24:44Z JOHN VANAUSDALL 500 W WASHINGTON ST INDIANAPOLIS IN 46204 37757634 0 X WWW.EITELJORG.ORG X 1985 IN TO INSPIRE AN APPRECIATION AND UNDERSTANDING OF THE ART, HISTORY AND CULTURES OF THE AMERICAN WEST AND THE INDIGENOUS PEOPLES OF NORTH AMERICA. THE EITELJORG MUSEUM COLLECTS AND PRESERVES WESTERN ART AND NATIVE AMERICAN ART AND CULTURAL OBJECTS OF THE HIGHEST QUALITY, AND SERVES THE PUBLIC THROUGH ENGAGING EXHIBITIONS, EDUCATIONAL PROGRAMS, CULTURAL EXCHANGES, AND ENTERTAINING SPECIAL EVENTS. 33 33 74 341 0 0 4138982 7621568 509749 468246 5637795 2507796 697289 651340 10983815 11248950 0 0 0 0 3411121 3410444 0 0 661301 5716362 5735643 9127483 9146087 1856332 2102863 76021576 72055665 24864219 24377418 51157357 47678247 X TO INSPIRE AN APPRECIATION AND UNDERSTANDING OF THE ART, HISTORY AND CULTURES OF THE AMERICAN WEST AND THE INDIGENOUS PEOPLES OF NORTH AMERICA. THE EITELJORG MUSEUM COLLECTS AND PRESERVES WESTERN ART AND NATIVE AMERICAN ART AND CULTURAL OBJECTS OF THE HIGHEST QUALITY, AND SERVES THE PUBLIC THROUGH ENGAGING EXHIBITIONS, EDUCATIONAL PROGRAMS, CULTURAL EXCHANGES, AND ENTERTAINING SPECIAL EVENTS. 0 0 6648462 321250 EXHIBITIONS2018 EXHIBITIONS THE REEL WEST EXPLORED THE SIGNIFICANCE OF THE WESTERN GENRE IN MOVIES AND TELEVISION THROUGH OBJECTS, IMAGES, INTERACTIVES, AND PROGRAMS. WESTERNS SHAPE AND INFORM OUR UNDERSTANDING OF THE WORLD AROUND US, AND THE EXHIBIT EMPHASIZED THE WAYS THEY INFLUENCE AMERICAN HISTORY, CULTURE, AND IDENTITY. THE PROJECT EXAMINED THE LEGACY OF CLASSIC WESTERNS, AS WELL AS CONTEMPORARY CONTRIBUTIONS TO THE GENRE. KEY THEMES EXPLORED IN THE EXHIBIT INCLUDED MORALITY, DIVERSITY, AND AMERICAN IDENTITY.QUEST FOR THE WEST ART SHOW AND SALE - THE THIRTEENTH ANNUAL QUEST FOR THE WEST ART SHOW AND SALE CONTINUED TO BUILD ON THE MOMENTUM OF PAST YEARS AND FEATURED 50 OF THE TOP WESTERN ARTISTS IN A SHOW AND SALE. QUEST'S OPENING WEEKEND CONTINUED TO ATTRACT WESTERN ART COLLECTORS FROM THROUGHOUT THE NATION WHO TRAVELED TO INDIANAPOLIS TO PARTICIPATE IN A SPECTACULAR SALE OF NEWLY CREATED CONTEMPORARY WESTERN ART. THE ARTISTS WERE ON-SITE DURING OPENING WEEKEND WHEN THEIR ART WAS AVAILABLE FOR PURCHASE IN THE "LUCK OF THE DRAW" SALE. THE EXHIBIT REMAINED ON DISPLAY FOR ONE MONTH. PERELMAN BASKET COLLECTION - THE EXHIBIT CONTAINED HIGHLIGHTS FROM THE RECENTLY GIFTED BASKET COLLECTION OF MEL AND JOAN PERELMAN AND WAS DISPLAYED IN THE PAUL GALLERY MID-YEAR TO COINCIDE WITH INDIAN MARKET AND FESTIVAL. MANY OF THE PIECES IN THE COLLECTION WERE ACQUIRED THROUGH RELATIONSHIPS WITH ARTISTS PARTICIPATING IN THE MARKET. HENRY FONSECA: 1946-2006 - IN RECENT YEARS, THE EITELJORG HAS RECEIVED SIGNIFICANT GIFTS OF FONSECA'S WORK FROM HIS PARTNER AND OTHER SOURCES FOR AN IMPORTANT EXHIBITION. AN EXHIBITION OF HIS WORK OPENED IN THE HURT GALLERY IN MARCH 2018, KEEPING CONTEMPORARY ART ACCESSIBLE AND THE EITELJORG ACTIVE AND ENGAGING. 69984 3644 PUBLIC PROGRAMSIN 2018 WE SAW THE RETURN OF POPULAR ANNUAL PROGRAMS JUNETEENTH, THE SUMMER CONCERT SERIES, OUT WEST AND DIA DE LOS MUERTOS ALONG WITH NEW AND EXCITING PROGRAMMING COMPLIMENTING AND DELVING DEEPER INTO TOPICS RELATED TO THE SPECIAL EXHIBITION, THE REEL WEST. THE NEAR WEST INITIATIVE EXPANDED, CENTERING ON WORKING CLOSELY WITH NEAR WEST ORGANIZATIONS TO PROVIDE EXPOSURE TO THE ARTS, SPECIFICALLY THROUGH ARTISTS IN RESIDENCE AND WORKSHOPS IN THE NEAR WEST AND ONSITE FREE EXPERIENCES AT THE EITELJORG. THE ADULT PROGRAMMING SERIES CONTINUED IN 2018 WITH LEON JETT LECTURE, CURATOR'S CHOICE, OUT WEST, THE WESTERN BOOK CLUB, GUND LECTURE AND SUMMER CONCERT SERIES. IN ADDITION TO ADULT-CENTERED PROGRAMMING, ANNUAL FAMILY PROGRAMS SUCH AS JUNETEENTH, ON-GOING DAILY SUMMER OUTDOOR PROGRAMMING, DIA DE LOS MUERTOS, THANKSGIVING WEEKEND AND JINGLE RAILS PROGRAMMING CONTINUED. ARTISTS IN RESIDENCE REFLECTED THE DIVERSITY OF NATIVE AMERICA BOTH GEOGRAPHICALLY AND THROUGH ARTISTIC EXPRESSION. THREE ARTISTS EACH SPENT THREE WEEKS MEETING WITH SCHOOL, UNIVERSITY AND COMMUNITY GROUPS DURING THE HEAVY AUTUMN FIELD TRIP TIMES OF SEPTEMBER THROUGH NOVEMBER. ARTISTS AND CULTURE BEARERS ALSO PROVIDED OUTREACH OPPORTUNITIES IN THE LOCAL COMMUNITY ESPECIALLY ON THE NEAR WEST SIDE. IN ADDITION, ARTISTS WERE SCHEDULED FOR ANNUAL PROGRAMMING INCLUDINGOUT WEST, SPIRIT & PLACE, THANKSGIVING WEEKEND, AND DIA DE LOS MUERTOS. ARTISTS INCLUDED RICHARD GABRIEL (NM TINSMITH ARTIST); DG HOUSE(CHEROKEE OF NE ALABAMA); DANA WARRINGTON (PRAIRIE BAND POTAWATOMI/MENOMINEE) AND KATRINA MITTEN (MIAMI OF OKLAHOMA). 279935 211035 FESTIVALS AND EVENTSTHE EITELJORG MUSEUM CONDUCTS SEVERAL FESTIVALS AND EVENTS.COWPOKES AND COCKTAILS IS THE EITELJORG MUSEUMS ANNUAL PREMIER FUNDRAISING EVENT. IT IS AN EVENING OF WESTERN FUN, MUSIC, FOOD, INCLUDING LIVE AND SILENT AUCTIONS, WHICH BENEFIT THE MUSEUMS EDUCATIONAL OUTREACH PROGRAMS, ANNUALLY SERVING MORE THAN 20,000 STUDENTS. INDIAN MARKET & FESTIVAL IS THE EITELJORG' S LARGEST PUBLIC EVENT AND FEATURES JURIED ART FOR SALE BY 150+ TOP NATIVE AMERICAN ARTISTS FROM ACROSS THE U.S. PERFORMANCES BY NATIVE AMERICAN STORYTELLERS, MUSICIANS, DANCERS AND CULTURE BEARERS EXPAND ITS APPEAL BEYOND COLLECTORS. SPRING MARKET IN MARCH PRESENTS ADDITIONAL OPPORTUNITIES TO MEET ARTISTS FIRST-HAND WHILE SHOPPING AND ENJOYING THE MUSEUM. 6998381 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 1 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 63 0 1 74 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 33 33 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 IN X JOHN VANAUSDALL 3176369378 500 W WASHINGTON ST INDIANAPOLIS IN 46204 TOM HOBACK CHAIRMAN 3.00 X X 0 0 0 MARY BETH BRAITMAN VICE CHAIRMAN 0.50 X X 0 0 0 SUE A BACK TREASURER 3.00 X X 0 0 0 PAT ANKER SECRETARY 0.50 X X 0 0 0 FRANK BASILE BOARD MEMBER 0.50 X 0 0 0 STEVE CAGLE BOARD MEMBER 0.50 X 0 0 0 LG EDWARDS BOARD MEMBER 0.50 X 0 0 0 ROGER EITELJORG BOARD MEMBER 0.50 X 0 0 0 RICHARD FELDMAN BOARD MEMBER 0.50 X 0 0 0 TIM GARNETT BOARD MEMBER 0.50 X 0 0 0 KAREN GLASER BOARD MEMBER 0.50 X 0 0 0 FRED GREEN BOARD MEMBER 0.50 X 0 0 0 POLLY HORTON HIX BOARD MEMBER 0.50 X 0 0 0 CINDY HOYE BOARD MEMBER 0.50 X 0 0 0 SANDY HURT BOARD MEMBER 0.50 X 0 0 0 STAN HURT BOARD MEMBER 0.50 X 0 0 0 CHRIS KATTERJOHN BOARD MEMBER 0.50 X 0 0 0 MIKE AGUIRRE BOARD MEMBER 0.50 X 0 0 0 BONNIE REILLY BOARD MEMBER 0.50 X 0 0 0 AH HUTCH SCHUMAKER II BOARD MEMBER 0.50 X 0 0 0 JOAN SERVAAS BOARD MEMBER 0.50 X 0 0 0 JOHN TIMOTHY JR BOARD MEMBER 0.50 X 0 0 0 CATHY TURNER BOARD MEMBER 0.50 X 0 0 0 DON WOODLEY BOARD MEMBER 0.50 X 0 0 0 C DANIEL YATES BOARD MEMBER 0.50 X 0 0 0 ANGIE DARLINGTON BOARD MEMBER 0.50 X 0 0 0 GITA OSBORNE BOARD MEMBER 0.50 X 0 0 0 PATTY GIBBS BOARD MEMBER 0.50 X 0 0 0 WENDY COOPER BOARD MEMBER 0.50 X 0 0 0 CHRIS ECK BOARD MEMBER 0.50 X 0 0 0 CARLA LEPPERT BOARD MEMBER 0.50 X 0 0 0 CHRIS TREDE BOARD MEMBER 0.50 X 0 0 0 BARBARA WEST BOARD MEMBER 0.50 X 0 0 0 JOHN VANAUSDALL PRESIDENT & CEO 55.00 X 252993 0 35779 JAMES NOTTAGE VICE PRESIDENT & CCO - PARTIAL YEAR 50.00 X 57670 0 16922 ELISA PHELPS VICE PRESIDENT & CCO - PARTIAL YEAR 50.00 X 14740 0 0 SUSAN LEWIS VP OF ADMINISTRATION & CFO 50.00 X 103280 0 36108 428683 0 88809 2 0 1 0 SECURITAS SECURITY SERVICES USA INC PO BOX 403412 ATLANTA GA 30384 SECURITY 386959 GREGORY & APPEL INSURANCE 1402 N CAPITOL SUITE 400 INDIANAPOLIS IN 46202 INSURANCE BROKER 152103 VISION THREE LLC 330 N COLLEGE AVE INDIANAPOLIS IN 46202 TECHNOLOGY SERVICES 141669 FA WHIHELM CONSTUCTION CO 3914 PROSPECT ST INDIANAPOLIS IN 46203 CONSTRUCTION SERVICES 140717 KAHN'S CATERING 8310 ALLISON POINTE BLVD 101 INDIANAPOLIS IN 46250 CATERING 121557 6 198490 318010 7105068 196571 7621568 ADMISSIONS AND TOURS 712110 468246 468246 468246 1416536 1416536 192172 24096 168076 168076 168076 26935762 25844502 1091260 1091260 1091260 420103 318010 398958 21145 21145 472030 241128 230902 230902 ART SALE REVENUE 712110 116793 116793 MISCELLANEOUS 712110 114424 114424 231217 11248950 930365 0 2697017 517492 89332 428160 2300414 1532273 273303 494838 396239 283459 39080 73700 196299 123188 43103 30008 18692 18692 32785 32785 128233 128233 55200 21435 28733 5032 66336 17588 48748 66954 11845 41825 13284 824115 782910 41205 1562246 1522748 39498 148225 116383 31842 EXHIBIT EXPENSES 678199 612221 65978 UTILITIES 650676 607908 42768 ART COLLECTION 435384 435384 SECURITY 367431 367431 701167 474276 182452 44439 9146087 6998381 1486405 661301 88075 132159 1669688 4457254 478847 430873 11214 9513 261070 267328 162651 126086 47886996 28181832 20547980 19705164 49403827 43722913 1985814 1876295 1412410 1328080 76021576 72055665 839219 802418 23490000 23450000 535000 125000 24864219 24377418 X 37845174 31654565 4309695 6914494 9002488 9109188 51157357 47678247 76021576 72055665 X 2102863 -5495435 -86538 X X 0 1 X 1 0 X 5059984 11461036 4425423 4138982 7621568 32706993 5059984 11461036 4425423 4138982 7621568 32706993 17124600 15582393 1149960 1407260 1633963 1443425 1608708 7243316 17483 2276 19759 297559 1555101 467451 327924 231218 2879253 42849321 7554942 0.36370 0.40080 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2014 AMOUNT: $ 297,559. 2015 AMOUNT: $ 134,636. 2016 AMOUNT: $ 82,523. 2017 AMOUNT: $ 242,347. 2018 AMOUNT: $ 114,425. ART SALE REVENUE - 2015 AMOUNT: $ 1,420,465. 2016 AMOUNT: $ 384,928. 2017 AMOUNT: $ 85,577. 2018 AMOUNT: $ 116,793. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 1 26236330 125509 -1964276 1237703 58814 23101046 23683837 118251 3645112 1155302 55568 26236330 23845455 10000 1041997 1160580 53035 23683837 17942081 7651081 -784394 832232 131081 23845455 17863667 156851 768662 796664 50435 17942081 0.60570 0.39430 0.00000 1 0 43986374 25950771 18035603 1578985 50051 1528934 2321637 2181010 140627 19705164 TAXABLE BONDS 125000 125000 X 6224358 -5495435 21432 577644 -4896359 11120717 128233 128233 11248950 9703468 21432 664182 685614 9017854 128233 128233 9146087 PART III, LINE 1A: COLLECTION ITEMS CONSIST OF ART OBJECTS THAT ARE HELD FOR EDUCATIONAL AND CURATORIAL PURPOSES. THE MUSEUM COLLECTS WORKS OF ART REPRESENTING ALL PERIODS OF THE AMERICAN INDIAN AND WESTERN CULTURES. EACH OF THE ITEMS IS CATALOGED, PRESERVED, AND CARED FOR, AND KEPT UNENCUMBERED, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENTS OF ACTIVITIES. THE VALUE OF ART OBJECTS ACQUIRED BY GIFT, FOR WHICH THE MUSEUM HAS MADE A REASONABLE ESTIMATE, WAS $2,595,771 IN 2018 AND $581,050 IN 2017. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IF PURCHASED WITH ASSETS WITHOUT DONOR RESTRICTIONS AND AS DECREASES IN NET ASSETS WITH DONOR RESTRICTIONS IF PURCHASED WITH DONOR-RESTRICTED ASSETS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED ON THE STATEMENTS OF ACTIVITIES BASED ON THE ABSENCE OR EXISTENCE AND NATURE OF DONOR-IMPOSED RESTRICTIONS. IF COLLECTION ITEMS ARE SOLD, THE PROCEEDS FROM THE SALE ARE USED TO PURCHASE ADDITIONAL COLLECTION ITEMS. PART III, LINE 4: THE EITELJORG MUSEUM CLEARLY FOCUSES UPON ITS MISSION. ALL WORKS OF ART AND OBJECTS IN THE COLLECTION ARE STRICTLY RELEVANT TO THE AMERICAN WEST AND NATIVE PEOPLES OF NORTH AMERICA. ALL COLLECTION ITEMS ARE VIEWED AS A RESOURCE IN THE FULFILLMENT OF THE INSTITUTIONAL MISSION AND FOR THE ENLIGHTENMENT AND ENJOYMENT OF THE PUBLIC SERVED BY THE MUSEUM. PAINTINGS, SCULPTURES, PRINTS, PHOTOGRAPHS, NATIVE AMERICAN ARTIFACTS OF ALL KINDS, ARE ALL UTILIZED OR AVAILABLE FOR USE IN EDUCATIONAL EXHIBITS AT THE MUSEUM AND THROUGH LOAN TO OTHER QUALIFIED MUSEUMS. OBJECTS ARE STUDIED BY STUDENTS FROM GRADE SCHOOL TO GRADUATE SCHOOL AND ARE THEREFORE INCLUDED THROUGH IMAGES AND WRITING IN CLASS PROJECTS, ARTICLES, AND BOOKS. STUDENTS, TEACHERS, RESEARCHERS, PUBLISHERS, AND OTHERS, ALONG WITH THE STAFF, ARE ENCOURAGED TO UTILIZE THE COLLECTION THROUGH SUPERVISED EXAMINATION AND ACCESS TO THE COLLECTION DATABASE AND DIGITAL IMAGES. ABOVE ALL, NATIVE CULTURES, FROM WHICH ARTIFACTS CAME, ARE GIVEN SPECIAL ACCESS FOR CULTURAL, SPIRITUAL, AND EDUCATIONAL REASONS. PART V, LINE 4: THE INTENDED USED OF THE MUSEUM'S ENDOWMENT FUNDS ARE TO SUPPORT OPERATIONS FROM NOW INTO THE FUTURE. THE MUSEUM HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. TO SATISFY ITS LONG-RANGE-RATE-OF-RETURN OBJECTIVES, THE MUSEUM RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION AND CURRENT YIELD. PART X, LINE 2: THE MUSEUM IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE INTERNAL REVENUE CODE. IN ADDITION, THE MUSEUM HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. THERE WAS NO UNRELATED BUSINESS INCOME FOR 2018 AND 2017. THE MUSEUM FILES U.S. FEDERAL AND STATE OF INDIANA INFORMATION RETURNS. THE MUSEUM IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF INVENTORY SOLD 241,128. SPECIAL EVENT EXPENSES 398,958. RENT EXPENSES 24,096. CHANGE IN VALUE OF CHARITABLE TRUSTS -86,538. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF INVENTORY SOLD 241,128. SPECIAL EVENT EXPENSES 398,958. RENT EXPENSES 24,096. PART III, LINE 5: IN 2015, THE MUSEUM RECEIVED A SIGNIFICANT ESTATE ART COLLECTION GIFT. SEVERAL ART PIECES RELATED TO THE GIFT WERE SOLD AND THE PROCEEDS OF $75,721 AND $85,577, RECEIVED IN 2018 AND 2017, RESPECTIVELY, ARE BEING HELD IN A FUND TO PROVIDE DIRECT CARE OF THE ACCESSIONED ART FROM THE ESTATE AS WELL AS PURCHASE ADDITIONAL ART. THE DIRECT CARE INCLUDES REGULAR INSPECTIONS, PROVIDING PROPER EXHIBITION AND STORAGE FACILITIES, PROVIDING A WELL-TRAINED SECURITY STAFF, AND MAINTAINING PROPER DOCUMENTATION OF ALL COLLECTION ITEMS. THE SOLD ART PIECES RELATED TO THE ESTATE WERE NOT CONSISTENT WITH THE MUSEUM'S COLLECTION. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENT 85734 0 0 0 0 0 0 85734 0 85734 1 0 0 0 0 0 QUEST FOR THE WEST 414700 152483 262217 9000 174873 COWPOKES AND COCKTAILS 146277 138077 8200 500 77197 2 177136 27450 149686 17739 119649 738113 318010 420103 27239 371719 398958 21145 X X X 0 1 0 0 0 0 0 0 0 JOHN VANAUSDALL PRESIDENT & CEO 227993 0 25000 0 0 0 22071 0 13708 0 288772 0 0 0 PART I, LINE 4B THERE ARE TWO 457 PLANS FOR PRESIDENT AND CEO JOHN VANAUSDALL A INDIANA FINANCE AUTHORITY 351602316 2015-05-08 23570000 FINANCE RENOVATION/EXPANSION OF FACILITIES/REFUNDING BONDS ISSUED IN 2004 0 0 0 A 23570000 414181 1578984 959350 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 1 0 1 0 0 0 0 A 1 X 429 REVENUE NOT RECOGNIZED X 14 191382 MEAN ON TRANSFER DATE X 2 291 FAIR MARKET VALUE X OTHER 3 4898 FAIR MARKET VALUE 0 1 0 PART I, LINE 33: THE MUSEUM COLLECTS WORKS OF ART REPRESENTING ALL PERIODS OF THE AMERICAN INDIAN AND WESTERN CULTURES. COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. FORM 990, PART VI, SECTION A, LINE 2 STAN HURT IS THE SPOUSE OF SANDY HURT. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE CFO, THE CEO AND THE TREASURER PRIOR TO A REVIEW BY THE AUDIT AND FINANCE COMMITTEE. THE PUBLIC DISCLOSURE COPY OF THE 990 IS PROVIDED TO THE BOARD MEMBERS PRIOR TO FILING. BOARD MEMBERS DO NOT GET A COPY WITH THE SCHEDULE B ATTACHED DUE TO CONFIDENTIALITY ISSUES. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS, OFFICERS, AND KEY EMPLOYEES COMPLETE ANNUALLY (OR AS OTHERWISE REQUESTED) A DISCLOSURE STATEMENT REGARDING ANY CONFLICT OF INTEREST DESCRIBED IN THE POLICY. ANY CHANGES ARE REPORTED PROMPTLY TO THE CEO OR BOARD CHAIR. THE CFO SUMMARIZES ANY CONFLICTS OR POTENTIAL CONFLICTS TO THE CEO AND THE BOARD CHAIR. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE ANNUALLY REVIEWS AND APPROVES THE SALARIES FOR THE CFO AND THE CEO. THE EXECUTIVE COMMITTEE REVIEWS CURRENT MARKET DATA FROM: - THE ASSOCIATION OF ART MUSEUM DIRECTORS SALARY SURVEY THAT IS DONE YEARLY. DATA IS COMPILED FROM THIS REPORT FOR OUR REGION OF THE COUNTY, OUR OPERATING BUDGET AND THE SIZE OF OUR CITY. - OTHER SURVEYS AVAILABLE SUCH AS THE ASSOCIATION OF MIDWEST MUSEUMS THE CEO'S SALARY IS DETERMINED BY A CONTRACT THAT IS PREPARED BY LEGAL COUNSEL AFTER NEGOTIATIONS BETWEEN THE PRESIDENT AND A SUB-SET OF BOARD MEMBERS LED BY THE CHAIRMAN. THE CONTRACT IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE. THE FULL BOARD OF DIRECTORS IS INFORMED ABOUT THE CONTRACT. DATA OBTAINED FROM THE FOLLOWING SOURCES IS REVIEWED TO DETERMINE THAT SALARY: - THE ASSOCIATION OF ART MUSEUM DIRECTORS SALARY SURVEY THAT IS DONE YEARLY. DATA IS COMPILED FROM THIS REPORT FOR OUR REGION OF THE COUNTY, OUR OPERATING BUDGET AND THE SIZE OF OUR CITY. - OTHER SURVEYS AVAILABLE SUCH AS THE ASSOCIATION OF MIDWEST MUSEUMS THE CEO'S BONUS UNDER THE CURRENT CONTRACT IS DETERMINED BASED ON PRE-ESTABLISHED INDICATORS. THE BONUS IS REVIEWED BY AND APPROVED BY THE CHAIRMAN OF THE BOARD AND THEN APPROVED BY THE EXECUTIVE COMMITTEE. THE APPROVAL OF THESE SALARIES IS DOCUMENTED IN THE MINUTES OF THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 18 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF CHARITABLE TRUSTS -86,538. FORM 990, PART XII, LINE 2C: THERE HAS BEEN NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR.