2017-05-15T16:08:24-05:00 2016-06-30 946214841 ARMANINO LLP 12657 ALCOSTA BLVD STE 500 SAN RAMON CA 945834600 990 2015-07-01 941704765 ASIAN ART MUSEUM FOUNDATION OF SAN FRANCISCO ASIA 4155813500 200 LARKIN STREET SAN FRANCISCO CA 941024734 JOANNE T CHOU CFO 4155813730 2017-05-15 1 KATY BROWN P00650274 9257902600 2015 2021-01-29 14:40:06Z JOANNE T CHOU 200 LARKIN STREET SAN FRANCISCO CA 941024734 80853358 0 X WWW.ASIANART.ORG X 1969 CA PUBLIC EXHIBITION OF ART OBJECTS 49 49 201 525 25937 21686 36161642 33868901 1428742 1500885 8537056 4955910 1639883 1377362 47767323 41703058 0 0 0 0 16064528 17308482 0 0 4285246 16671128 18932597 32735656 36241079 15031667 5461979 236713094 234693373 96060656 93910822 140652438 140782551 X THE ASIAN ART MUSEUM OF SAN FRANCISCO IS A PUBLIC INSTITUTION WHOSE MISSION IS TO LEAD A DIVERSE GLOBAL AUDIENCE IN DISCOVERING THE UNIQUE MATERIAL, AESTHETIC, AND INTELLECTUAL ACHIEVEMENTS OF ASIAN ART AND CULTURE. 0 0 22170039 2221682 THE MUSEUM IS ONE OF SAN FRANCISCO'S PREMIER ARTS INSTITUTIONS AND HOME TO A WORLD-RENOWNED COLLECTION OF MORE THAN 18,000 ASIAN ART TREASURES SPANNING 6,000 YEARS OF HISTORY AND REPRESENTING COUNTRIES AND CULTURES THROUGHOUT ASIA. THE COLLECTION'S SCOPE AND BREADTH ENABLE THE MUSEUM TO PROVIDE AN INTRODUCTION TO ALL THE MAJOR TRADITIONS OF ASIAN ART AND CULTURE. MORE THAN 2,500 ARTWORKS FROM THE COLLECTION ARE GENERALLY ON VIEW IN THE MUSEUM'S THIRTY-THREE COLLECTION GALLERIES, WITH ANOTHER 500 OBJECTS REMOVED AND REFRESHED WITH WORKS FROM STORAGE EACH YEAR. EXIT SURVEYS SUGGEST THAT THE MUSEUM HAS STRONG AND GLOBAL REACH - APPROXIMATELY 50% OF THE VISITORS CAME FROM THE BAY AREA AND 12% ORIGINATED FROM OUTSIDE THE US, NEARLY 30% OF LOCAL VISITORS ARE OF ASIAN DESCENT. ECHOING THE REGIONS ETHNIC MAKE-UP. 1666385 THE MUSEUM PROVIDES A BROAD RANGE OF PROGRAMS THAT EXPLORE ALL THE CULTURES PRESENTED IN THE MUSEUM'S COLLECTION AND EXHIBITIONS, AND ARE DESIGNED TO REACH ALL LEVELS OF EDUCATION (K-12, COLLEGE, AND ADULT) AND AWARENESS OF ART (NOVICE THROUGH EXPERT), FREE DOCENT LED TOURS OF THE COLLECTION GALLERIES AND SPECIAL EXHIBITIONS ARE CONDUCTED THROUGHOUT THE DAY. THE MUSEUM'S STORYTELLING CORPS OFFER ENTERTAINING AND EDUCATIONAL PROGRAMS FOR CHILDREN AND ADULTS RELATING TO ARTWORKS ON VIEW. SCHOOL PROGRAMS INCLUDE A VARIETY OF INDUSTRY-BASED ACTIVITIES: ALL CLASS TOURS ARE INTERACTIVE AND EMPHASIZE OBSERVATION SKILLS, CRITICAL THINKING, GROUP WORK, AND PEER PRESENTATIONS. MORE THAN 90,000 OF THE MUSEUM'S 206,718 ANNUAL VISITORS PARTICIPATED IN ONE OF THE HUNDREDS OF PUBLIC PROGRAM PRESENTED FROM JULY 1 2015 TO JUNE 30, 2016. 1902446 SPECIAL EXHIBITION GALLERIES ON THE FIRST FLOOR, INCLUDING NORTH AND SOUTH COURTS, WITH PERMANENT COLLECTION AND SMALL TEMPORARY EXHIBITION GALLERIES ON THE SECOND AND THIRD FLOORS. HIGHLIGHTS OF SPECIFIC WORKS INCLUDED CONTEMPORARY INSTALLATIONS BY LOCAL MULTIMEDIA ARTIST RANU MUKHERJEE (EXTRACTED, 2015-2016), CHINESE PORCELAIN BY LIU JIANHUA (COLLECTED LETTERS, 2016), AND A KOREAN LACQUERWARE VIDEO WORK BY LEE LEENAM (REBORN LIGHT MOTHER-OF-PEARL, 2016).28 CHINESE JUNE 5 - AUGUST 16, 2015, TOTAL ATTENDANCE: 48,861 28 CHINESE OFFERED GLIMPSES OF CONTEMPORARY CHINESE ART THROUGH A GROUP OF 28 ARTISTS, RANGING FROM THOSE GRABBING THE SPOTLIGHT TODAY, INCLUDING LIU WEI, HE XIANGYU AND XU ZHEN TO THE INTERNATIONALLY ACCLAIMED ZHANG HUAN AND AI WEIWEI. THESE ARTISTS HAVE MADE A SIGNIFICANT IMPACT ON THE CONTEMPORARY ART WORLD AND EXPANDED DEFINITIONS OF CONTEMPORARY ART IN CHINA. FEATURING VARIOUS FORMS -PAINTING, INSTALLATION, PHOTOGRAPHY AND NEW MEDIA - THE EXHIBITION REVEALED POWERFUL RESPONSES TO CHINA TODAY AS WELL AS PERSPECTIVES AND ATTITUDES TOWARDS TRADITION. THE EXHIBITION WAS ORGANIZED FROM THE RUBELL FAMILY COLLECTION IN MIAMI, ONE OF THE MOST IMPORTANT PRIVATE COLLECTIONS OF CONTEMPORARY ART IN THE WORLD. AT THE ASIAN ART MUSEUM, ARTWORKS WERE INSTALLED IN THE TEMPORARY EXHIBITION GALLERIES ON THE FIRST FLOOR, IN THE NORTH AND SOUTH COURTS, AND IN THE CHINESE GALLERIES ON THE 2ND AND 3RD FLOORS. EXHIBITION HIGHLIGHTS INCLUDED ZHU JINSHI'S BOAT, 2012 - A STUNNING INSTALLATION MADE OF PAPER, BAMBOO, AND THREAD, 15 METERS IN LENGTH - AI WEIWEI'S TON OF TEA, 2005, XU ZHEN'S EMBROIDED CANVAS. HE XIANGYU'S INSTALLATION COLA PROJECT, 2010 AND SCREENING ROOM FEATURING A WIDE RANGE OF NEW VIDEO WORKS.FIRST LOOK: COLLECTING CONTEMPORARY AT THE ASIANSEPTEMBER 4, 2015 OCTOBER 11, 2015, TOTAL ATTENDANCE: 19,922FIRST LOOK FEATURES ARTISTS FROM ASIA AS WELL AS FROM THE UNITED STATES COLLECTED BY THE MUSEUM. YAKO HODO ABSTRACTS THE TRADITIONAL ART OF BASKET WEAVING, WHILE WORKS BY YANG YONGLIANG AND XU BING PUSH CHINESE INK PAINTING INTO NEW MEDIA. FIRST LOOK ALSO FEATURES BAY AREA FAVORITES LIKE HUNG LIU AND ZHENG CHONGBIN. LOOKING EAST: HOW JAPAN INSPIRED MONET, VAN GOGH, AND OTHER WESTERN ARTISTSOCTOBER 30, 2015 FEBRUARY 7, 2016, TOTAL ATTENDANCE: 84,769WHEN JAPAN OPENED ITS PORT TO INTERNATIONAL TRADE IN THE 1850S AND EMERGED FROM CENTURIES OF SELF-IMPOSED ISOLATION, JAPANESE PRINTS, ALBUMS AND OBJECTS ARRIVED IN EUROPE AND NORTH AMERICA IN UNPRECEDENTED QUANTITIES. IN THE FRENZY OF COLLECTING AND ADMIRATION THAT FOLLOWED, JAPANESE ART CAUGHT THE EYE OF DESIGNERS AND ARTISTS SEEKING FRESH SOLUTIONS TO ARTISTIC PROBLEMS. LOOKING EAST EXPLORES THE MANY MOVEMENTS AND ARTISTS AFFECTED BY JAPANESE ART, INCLUDING THE GREAT IMPRESSIONIST AND POST-IMPRESSIONIST PAINTERS VINCENT VAN GOGH, MARY CASSATT, EDGAR DEGAS, PAUL GAUGUIN AND CLAUDE MONET. JUXTAPOSING MASTERPIECES OF WESTERN ART AND DESIGN WITH RARE WORKS BY PROMINENT JAPANESE ARTISTS, THE EXHIBITION REVEALS THE INTERPLAY OF NEW STYLES AND THEMES INSPIRED BY JAPAN.DRAWN FROM AND ORGANIZED BY THE MUSEUM OF FINE ARTS, BOSTON WORLD RENOWNED FOR THEIR JAPANESE, AMERICAN AND EUROPEAN COLLECTIONS LOOKING EAST CONSISTS OF MORE THAN 170 OBJECTS, INCLUDING DECORATIVE ARTS, PAINTINGS, PRINTS, DRAWINGS AND TEXTILES. THE ASIAN ART MUSEUM IS THE FINAL STOP ON THIS EXHIBITION'S INTERNATIONAL TOUR AND YOUR LAST CHANCE TO WITNESS THE ICONIC RESULTS OF AN INVIGORATING CROSS-CULTURAL MOMENT.HIDDEN GOLD: MINING ITS MEANING IN ASIAN ARTMARCH 4, 2016 MAY 8, 2016, TOTAL ATTENDANCE: 35,971IN 2016 THE ASIAN ART MUSEUM CELEBRATED ITS 50TH ANNIVERSARY, A "GOLDEN" MILESTONE. HIDDEN GOLD: MINING ITS MEANING IN ASIAN ART IS AN EXHIBITION OF MORE THAN 35 ARTWORKS FROM THE MUSEUM'S MAGNIFICENT COLLECTION THAT EXPOSE THE PHYSICAL AND SYMBOLIC ASPECTS OF GOLD.EACH ARTWORK WAS CHOSEN TO REVEAL SPECIFIC ASPECTS OF GOLD PRODUCTION AND USAGE ACROSS ASIA. SAN FRANCISCO AND THE BAY AREA HAVE A LONG HISTORY OF INVOLVEMENT WITH GOLD, "THE ORE WITH AN AURA." FROM THE CENTRALITY OF THE FORTY-NINERS BOTH THE HISTORICAL MINERS AND TODAY'S FOOTBALL PLAYERS TO CALIFORNIA'S GOLD RUSH AND SAN FRANCISCO'S MINT, CALIFORNIA'S CURRENT POSITION ON THE WORLD STAGE IS INCONCEIVABLE WITHOUT THE QUEST FOR THIS PRECIOUS METAL. PEARLS ON A STRINGMARCH 4, 2016 MAY 8, 2016, TOTAL ATTENDANCE: 35,971PEARLS ON A STRING: ARTISTS, PATRONS, AND POETS AT THE GREAT ISLAMIC COURTS IS THE FIRST MAJOR ISLAMIC ART EXHIBITION FOR BOTH THE ASIAN ART MUSEUM AND THE WALTERS ART MUSEUM IN BALTIMORE. THE EXHIBITION EMPHASIZES THE ROLE OF HUMAN RELATIONSHIPS IN INSPIRING AND SUSTAINING ARTISTIC CREATIVITY DURING THREE GREAT EMPIRES OF THE ISLAMIC WORLD, AND SHOWS THE IMPORTANCE OF INDIVIDUALISM AND COLLABORATION IN CREATING EXTRAORDINARY WORKS OF ART. IN SHORT, IT ANSWERS THE QUESTION, "WHO'S BEHIND THE ART?"TO ILLUSTRATE THIS, PEARLS ON A STRING IS ORGANIZED INTO THREE VIGNETTES, EACH PIVOTING AROUND A MAIN PROTAGONIST IN THREE DIFFERENT CENTURIES AND IN THREE DIFFERENT ISLAMIC EMPIRES: THE POET IN 16TH-CENTURY MUGHAL INDIA, THE ARTIST IN 17TH-CENTURY SAFAVID IRAN, AND THE PATRON IN 18TH- CENTURY OTTOMAN TURKEY. THE EXHIBITION'S THREE SECTIONS WILL UNFOLD WITH STORIES ABOUT THEIR RELATIONSHIPS THAT GAVE EXPRESSION TO THE HUMAN IMAGINATION. THE SHOW WILL FEATURE APPROXIMATELY 90 WORKS OF ART, INCLUDING MANUSCRIPTS, PAINTINGS, JEWELED OBJECTS, SCULPTURE, TEXTILES AND METALWORK, FROM A GEOGRAPHIC AREA THAT SPANS THE BAY OF BENGAL TO THE MEDITERRANEAN. PEARLS ON A STRING GUIDES VISITORS ON AN ARTISTIC JOURNEY AND ENCOURAGES VISITORS TO SEE TRACES OF THE ARTIST, PATRON AND POET THROUGH EACH ARTWORK.CHINA AT THE CENTER: RARE RICCI AND VERBIEST WORLD MAPSMARCH 4, 2016 MAY 8, 2016, TOTAL ATTENDANCE: 35,971FOR THE FIRST TIME, TWO EXTREMELY RARE AND IMPORTANT MAPS ARE SHOWN TOGETHER IN CHINA AT THE CENTER: RARE RICCI AND VERBIEST WORLD MAPS. THE MAP OF THE TEN THOUSAND COUNTRIES OF THE EARTH, ALSO KNOWN AS THE 1602 RICCI MAP, WAS MADE BY THE JESUIT PRIEST MATTEO RICCI DURING HIS TIME IN CHINA. THE RICCI MAP, ONE OF SIX COPIES IN THE WORLD TODAY, IS THE OLDEST KNOWN CHINESE MAP TO DEPICT THE AMERICAS. IT IS OWNED BY THE JAMES FORD BELL TRUST, HELD AT THE JAMES FORD BELL LIBRARY, UNIVERSITY OF MINNESOTA. THE SECOND MAP, KNOWN AS THE 1674 VERBIEST WORLD MAP, WAS MADE BY JESUIT PRIEST FERDINAND VERBIEST FOR THE CHINESE COURT. ON LOAN FROM THE LIBRARY OF CONGRESS, THIS COPY OF THE MAP HAS NEVER BEEN EXHIBITED. THESE TWO MAPS ARE AMONG THE EARLIEST, RAREST, AND LARGEST WOODBLOCK-PRINTED MAPS TO SURVIVE FROM THE PERIOD. BOTH MAPS TELL FASCINATING STORIES ABOUT THE WAY THE WORLD WAS CONCEIVED IN THE 17TH CENTURY AND HOW NEW IDEAS ABOUT GEOGRAPHY, ASTRONOMY AND THE NATURAL SCIENCES WERE EXCHANGED BETWEEN EUROPE AND ASIA. THESE MAPS ARE ALSO A TESTAMENT TO AN ERA OF EXPLORATION AND DISCOVERY, WHEN TREMENDOUS EFFORT AND CREATIVITY WAS REQUIRED TO UNDERSTAND OUR PLACE IN THE WORLD. 25738870 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 1 0 1 0 0 1 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 129 0 1 201 1 1 1 0 0 0 0 1 1 0 0 0 0 X 49 49 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X JOANNE T CHOU 4155813500 200 LARKIN STREET SAN FRANCISCO CA 941024734 AKIKO YAMAZAKI CHAIR 1.00 X X 0 0 0 TIMOTHY F KAHN PRESIDENT 1.00 X X 0 0 0 ROBERT L DUFFY VICE PRESIDENT 1.00 X X 0 0 0 FRED M LEVIN VICE PRESIDENT 1.00 X X 0 0 0 LUCY SUN VICE PRESIDENT 1.00 X X 0 0 0 ANTHONY SUN TREASURER 1.00 X X 0 0 0 GORRETTI LO LUI SECRETARY 1.00 X X 0 0 0 BETTY N ALBERTS TRUSTEE 1.00 X 0 0 0 CORI BATES TRUSTEE 1.00 X 0 0 0 ELLEN BURSTEIN BAUCH TRUSTEE 1.00 X 0 0 0 RICHARD BELESON TRUSTEE 1.00 X 0 0 0 RICHARD C BLUM TRUSTEE 1.00 X 0 0 0 WILLIAM K BOWES JR TRUSTEE 1.00 X 0 0 0 ELIZA CASH TRUSTEE 1.00 X 0 0 0 JAMIE CHEN TRUSTEE 1.00 X 0 0 0 PEHONG CHEN TRUSTEE 1.00 X 0 0 0 KAPIL CHHIBBER TRUSTEE (FROM 09/29/15) 1.00 X 0 0 0 LLOYD E COTSEN TRUSTEE 1.00 X 0 0 0 DIXON R DOLL TRUSTEE 1.00 X 0 0 0 FRED EYCHANER TRUSTEE 1.00 X 0 0 0 MIMI GARDNER GATES TRUSTEE 1.00 X 0 0 0 MARY POWELL GROSSMAN TRUSTEE 1.00 X 0 0 0 SARAH P HAMBRECHT TRUSTEE 1.00 X 0 0 0 MARTHA SAM HERTELENDY TRUSTEE 1.00 X 0 0 0 RONALD HOGE TRUSTEE 1.00 X 0 0 0 ROBERT HUANG TRUSTEE (FROM 6/20/16) 1.00 X 0 0 0 SUNG-JIN INGRISELLI TRUSTEE 1.00 X 0 0 0 ANNE ADAMS KAHN TRUSTEE (FROM 6/20/16) 1.00 X 0 0 0 MARIA KAHNG TRUSTEE (FROM 3/29/16) 1.00 X 0 0 0 CHONG-MOON LEE TRUSTEE 1.00 X 0 0 0 MING LEE TRUSTEE 1.00 X 0 0 0 KUMAR MALAVALLI TRUSTEE 1.00 X 0 0 0 KEVIN J MARTIN TRUSTEE 1.00 X 0 0 0 CONSTANCE C MILLER TRUSTEE 1.00 X 0 0 0 NANCI NISHIMURA TRUSTEE (FROM 3/29/16) 1.00 X 0 0 0 HIROMITSU OGAWA TRUSTEE 1.00 X 0 0 0 MASASHI OKA TRUSTEE 1.00 X 0 0 0 SUNO KAY OSTERWEIS TRUSTEE 1.00 X 0 0 0 CARL F PASCARELLA TRUSTEE 1.00 X 0 0 0 DAVID CHUN-YEE PONG TRUSTEE 1.00 X 0 0 0 LESLIE TANG SCHILLING TRUSTEE 1.00 X 0 0 0 MERRILL RANDOL SHERWIN TRUSTEE 1.00 X 0 0 0 ANN TANENBAUM TRUSTEE 1.00 X 0 0 0 INA GOODWIN TATEUCHI TRUSTEE 1.00 X 0 0 0 S TIMOTHY KOCHIS TRUSTEE 1.00 X 0 0 0 BOB TSAO TRUSTEE 1.00 X 0 0 0 NICHOLAS UNKOVIC TRUSTEE 1.00 X 0 0 0 JUDITH F WILBUR TRUSTEE 1.00 X 0 0 0 KEN WILCOX TRUSTEE 1.00 X 0 0 0 ROBERT Y C HO TRUSTEE (THRU 09/29/15) 1.00 X 0 0 0 STEPHEN KAHNG TRUSTEE (THRU 03/27/16) 1.00 X 0 0 0 BARRY LAM TRUSTEE (THRU 01/12/16) 1.00 X 0 0 0 LINDA LEI TRUSTEE (THRU 06/20/16) 1.00 X 0 0 0 JAY XU DIRECTOR OF MUSEUM 40.00 X 423444 0 51634 JOANNE T CHOU CHIEF FINANCIAL OFFICER 40.00 X 223627 0 24042 PEDRO DINIX DE MOURA CARVALIHO DEPUTY DIRECTOR OF ART & PROGRAM 40.00 X 247809 0 42390 NANCY M BRENNAN CHIEF PHILANTHROPY OFFICER 40.00 X 215611 0 19753 DORI S BAILEY CHIEF ENGAGEMENT OFFICER 40.00 X 180073 0 20637 JOHN J GLASSON DIR. CAMPAIGN & DEVELOPMENT OPS 40.00 X 140541 0 7955 FORREST MCGILL SENIOR CURATOR 40.00 X 134014 0 38195 TIMOTHY HALLMAN DIRECTOR OF PR & MARKETING 40.00 X 131662 0 15516 KIMBERLEY BUSH TOMIO DIRECTOR OF MUSEUM SERVICES 40.00 X 127981 0 29323 VALERIE PECHENIK DIRECTOR OF HUMAN RESOURCES 40.00 X 127310 0 6923 1952072 0 256368 19 0 1 0 WHY ARCHTECTURE 9520 JEFFERSON BLVD STUDIO C CULVER CITY CA 90232 ARCHITECTURAL SERVICES 891830 EVENTS MANAGEMENT INC 2525 16TH STREET STE 311 SAN FRANCISCO CA 941034243 CATERING SERVICES 641334 MACK5 1900 POWELL STREET STE 470 EMERYVILLE CA 94608 CONSULTING SERVICES 326029 LENAT & PARTNERS INC 1633 BAYSHORE HIGHWAY STE 220 BURLINGAME CA 94010 ADVERTISING SERVICES 219527 FONG BROTHERS PRINTING INC 320 VALLEY DRIVE BRISBANE CA 94005 PRINTING SERVICES 185615 11 1576975 1294427 9531286 21466213 726274 33868901 ADMISSION REVENUE 713990 1401975 1401975 PUBLICATION REVENUE 713990 60539 60539 TOUR REVENUE 713990 29807 29807 OTHER REVENUE 722210 8564 8564 1500885 1373648 23970 1349678 6956 6956 738803 166764 572039 572039 572039 41339000 37756738 3582262 3582262 3582262 600711 1294427 600711 0 1235678 626087 609591 607624 1967 COMMISSION FROM CAFE 722210 113173 113173 MISCELLANEOUS INCOME 722210 75603 75603 188776 41703058 2221682 25937 5586538 1409381 795501 204428 409452 12160900 8150313 2569881 1440706 850434 602204 157229 91001 1890799 1312439 347648 230712 996968 690731 180097 126140 22473 22473 129509 33025 93894 2590 215858 80045 132070 3743 2034169 1379257 311046 343866 981781 766854 18190 196737 525920 293649 151034 81237 478951 277014 201187 750 1650192 649035 901730 99427 620579 451418 42234 126927 213483 36829 34955 141699 4260116 4258450 1666 3646211 2526210 658670 461331 749313 683038 64496 1779 ACQUISITION 744730 744634 96 0 PRINTING / PUBLICATION 713231 492921 12424 207886 SHIPPING / FREIGHT 622275 428292 24481 169502 SUPPLIES 383948 318901 53047 12000 939858 768110 56460 115288 36241079 25738870 6216963 4285246 14955 13462 16810999 27383369 16471526 23491797 1046047 709705 372079 396362 440183 521293 145563742 55203006 92496615 90360736 61073096 109060690 30743553 236713094 234693373 3123611 2833245 927045 942577 92010000 90135000 96060656 93910822 X 77108175 64372706 30179845 39867845 33364418 36542000 140652438 140782551 236713094 234693373 X 5461979 -5473693 141827 X X 0 1 X 1 0 X 14703881 18419653 31874272 36161642 33868901 135028349 14703881 18419653 31874272 36161642 33868901 135028349 31282176 103746173 3071723 2476612 3008678 3743631 2095437 14396081 639 21067 20073 21686 63465 1219811 1471412 1219811 868505 676314 5455853 154943748 14930877 0.66960 0.60790 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING INCOME - 2011 AMOUNT: $ 1,219,811. 2012 AMOUNT: $ 1,471,412. 2013 AMOUNT: $ 1,219,811. 2014 AMOUNT: $ 868,505. 2015 AMOUNT: $ 600,711. MISCELLANEOUS INCOME - 2015 AMOUNT: $ 75,603. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 52638145 3178929 527112 1670248 54673938 46163555 4684000 1860000 69410 52638145 33307456 10203220 2737450 84571 46163555 29545504 3840233 78281 33307456 30291503 1000 -654576 92423 29545504 0.11230 0.66840 0.21940 0 0 131855041 42412500 89442541 12824769 12167345 657424 883932 623161 260771 90360736 INVESTMENTS - LIMITED PARTNERSHIP 7312758 F INVESTMENTS - HELD IN TRUST 1007653 F INVESTMENTS - HEDGE FUND INVESTMENTS 17120525 F INVESTMENTS - OTHER INVESTMENTS 5302617 F 30743553 X 37011451 -5473693 135686 -29173 -5367180 42378631 96138 -771711 -675573 41703058 36881338 135686 600711 736397 36144941 96138 96138 36241079 PART III, LINE 1A: COLLECTIONS - THE MUSEUM'S PERMANENT COLLECTIONS REPRESENT MORE THAN 40 ASIAN COUNTRIES AND SPAN 6,000 YEARS OF ASIAN HISTORY. OBJECTS ARE HELD FOR EDUCATIONAL, RESEARCH, AND CURATORIAL PURPOSES. UNDER THE MUSEUM'S COLLECTIONS MANAGEMENT POLICY, ALL OBJECTS ARE CATALOGUED, PRESERVED, AND CARED FOR, ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED REGULARLY. TITLE TO THE PERMANENT COLLECTION OF WORKS OF ART RESTS WITH THE CITY. IF ACCEPTED INTO THE PERMANENT COLLECTION, DONATED ART OBJECTS BECOME THE PROPERTY OF THE CITY AND ARE NOT RECORDED IN THE MUSEUM'S COMBINED FINANCIAL STATEMENTS. PURCHASES OF ART ARE RECORDED AS AN EXPENSE IN THE MUSEUM'S COMBINED STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS. THE MUSEUM DEACCESSIONS OBJECTS DEEMED NO LONGER RELEVANT TO THE PERMANENT COLLECTION IN ACCORDANCE WITH THE MUSEUM'S COLLECTIONS MANAGEMENT POLICY. PROCEEDS FROM DEACCESSIONS ARE USED TO ACQUIRE OTHER OBJECTS FOR THE COLLECTION. THERE WERE NO DEACCESSIONS IN FISCAL YEARS 2016 AND 2015. PART V, LINE 4: THE MUSEUM'S ENDOWMENT FUND CONSISTS OF INDIVIDUAL DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE MUSEUM'S TRUSTEES TO FUNCTION AS ENDOWMENTS THE NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING THOSE FUNDS DESIGNATED BY THE TRUSTEES TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. AMOUNTS WITHDRAWN FROM THE ENDOWMENT UNDER THE ENDOWMENT SPENDING POLICY ARE FOR THE MUSEUM'S PROGRAMS AND OPERATING EXPENSES, ALLOCATED IN ACCORDANCE WITH THE RESTRICTIONS PERTAINING TO THOSE FUNDS. THE TIMING AND AMOUNTS OF WITHDRAWALS ARE DETERMINED BY THE MUSEUM'S MANAGEMENT IN CONSULTATION WITH THE BUDGET AND FINANCE COMMITTEE AND THE EXECUTIVE COMMITTEE. INVESTMENT-RELATED EXPENSES ARE CHARGED SEPARATELY AGAINST THE ENDOWMENT. PART X, LINE 2: THE FOUNDATION HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED TAX-EXEMPT ORGANIZATION THAT IS EXEMPT FROM FEDERAL TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FROM CALIFORNIA FRANCHISE AND/OR INCOME TAXES UNDER REVENUE AND TAXATION CODE SECTION 23701(D). THE FOUNDATION MANAGEMENT BELIEVES THAT NO LIABILITIES ARE REQUIRED TO ACCRUE FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2016. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -29,173. PART XI, LINE 4B - OTHER ADJUSTMENTS: UNCOLLECTIBLE CONTRIBUTIONS -171,000. FUNDRAISING EXPENSES -600,711. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 600,711. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 675976 EAST ASIA AND THE PACIFIC 0 0 INVESTMENTS 2183950 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 4868762 NORTH AMERICA 0 0 INVESTMENTS 12843542 SOUTH ASIA 0 0 INVESTMENTS 652349 0 0 0 0 0 0 21224579 0 21224579 1 0 1 1 1 0 ANNUAL GALA 1689629 1294427 395202 128961 99303 231323 UPON A TIME IN ASIA 113180 113180 350 4885 67089 1 92329 92329 61297 1361 6142 1895138 1294427 600711 190608 105549 304554 600711 0 X X X X X 0 0 0 0 0 0 0 0 0 JAY XU DIRECTOR OF MUSEUM 354184 0 51750 0 17510 0 39210 0 12424 0 475078 0 0 0 JOANNE T CHOU CHIEF FINANCIAL OFFICER 208627 0 15000 0 0 0 12647 0 11395 0 247669 0 0 0 PEDRO DINIX DE MOURA CARVALIHO DEPUTY DIRECTOR OF ART & PROGRAM 240537 0 0 0 7272 0 30550 0 11840 0 290199 0 0 0 NANCY M BRENNAN CHIEF PHILANTHROPY OFFICER 215611 0 0 0 0 0 15707 0 4046 0 235364 0 0 0 DORI S BAILEY CHIEF ENGAGEMENT OFFICER 180073 0 0 0 0 0 12516 0 8121 0 200710 0 0 0 FORREST MCGILL SENIOR CURATOR 126438 0 0 0 7576 0 25770 0 12425 0 172209 0 0 0 KIMBERLEY BUSH TOMIO DIRECTOR OF MUSEUM SERVICES 127981 0 0 0 0 0 7542 0 21781 0 157304 0 0 0 A CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY 352273601 2011-02-11 96985000 REFUND BONDS ISSUED 2/3/2005 0 0 0 A 6850000 96985000 6238819 1439 96983561 1 0 1 1 A 0 0 1 0 0 0 1 JP MORGAN CHASE 18.800000000000 1 0 1 A 1 PART III, COLUMN A THIS HAS BEEN LEFT BLANK, AS THE ORIGINAL PROJECT FINANCED WAS ISSUED PRIOR TO 1/1/2003. X 2 70000 FMV X 6 656274 FMV 0 1 0 PART I, COLUMN (B): THIS NUMBER REFLECTS THE NUMBER OF CONTRIBUTORS, NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE OFFICE MAKES AVAILABLE AND SENDS A COPY OF THE FORM 990 TO THE AUDIT COMMITTEE OF THE BOARD FOR REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY COVERS BOARD MEMBERS AND STAFF. TRUSTEES ARE ASKED TO INFORM THE BOARD IN ADVANCE AND AS FULLY AS PRACTICABLE OF ANY TRANSACTIONS WITH THE MUSEUM OR THROUGH A BUSINESS RELATIONSHIP WITH AN ASIAN ART COMMISSIONER OR A FOUNDATION TRUSTEE IN WHICH THEY HAVE AN ECONOMIC INTEREST IN ORDER FOR THE TRUSTEES TO REVIEW AND APPROVE OR DISAPPROVE THE TRANSACTION. IF A CONFLICT IS DETERMINED TO EXIST, THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S COMPENSATION IS STIPULATED BY AN EMPLOYMENT CONTRACT WITH THE ORGANIZATION. THE CHAIR OF THE BOARD AND THE COMPENSATION COMMITTEE NEGOTIATE THIS EMPLOYMENT CONTRACT WITH THE DIRECTOR PRIOR TO ITS APPROVAL BY THE FULL BOARD. THE BOARD'S COMPENSATION COMMITTEE RELIES UPON SURVEY DATA FROM OTHER LIKE ARTS ORGANIZATIONS TO DETERMINE THE MARKET VALUE OF THE DIRECTOR'S POSITION. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS AND THE FORM 990S ARE POSTED TO THE ASIAN ART MUSEUM WEBSITE. ALL OTHER INFORMATION IS PROVIDED TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -29,173. WRITE-OFF OF UNCOLLECTIBLE CONTRIBUTIONS 171,000. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. CHARITABLE REMAINDER TRUSTS (3) INVESTMENT CA N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0