2014-05-05T14:45:08-07:00 2013-06-30 990 2012-07-01 381359510 THE DETROIT INSTITUTE OF ARTS DETR 3138339712 5200 Woodward Avenue Detroit MI 482024008 Robert Bowen 3138331715 2014-05-15 2012 2015-11-30 17:44:51Z GRAHAM W J BEAL 5200 WOODWARD AVENUE DETROIT MI 48202 56260419 0 X www.dia.org X 1885 MI The DIA creates experiences that help each visitor find personal meaning in art. 44 44 380 821 144 0 25211759 38170842 2797713 3017134 5562244 11942770 906667 1151880 34478383 54282626 0 0 0 0 14637308 15913920 134397 143979 2722452 17177830 19391760 31949535 35449659 2528848 18832967 193793858 227320665 17678582 26768284 176115276 200552381 The DIA creates experiences that help each visitor find personal meaning in art. 0 0 8743544 1588142 Exhibition and Collection Management: Exhibitions and Collections management attend to core functions of the art museum: stewardship of the permanent collections and the means of presenting the collections and exhibitions to visitors of the DIA. Expenses for exhibition projects are funded from restricted funds designated for exhibitions: expenses include organizer's fees, shipping and insurance costs, construction and installation costs, and payroll costs for temporary exhibitions staff (security and visitor reception). Nearly all DIA staff participates in some aspect of exhibition work. Learning and Interpretation provides interpretive planning to ensure the visitor's educational experience. Collections management activities include the creation, maintenance, repairs and improvements of the permanent collections galleries and all art movements for loans, conservation and periodic rotations of the collections in the permanent galleries, oversight of art storage, day-to-day monitoring of the collections and location/inventory control. The DIA maintains collections records, administers all incoming and outgoing loans of art, and the accessions of art into the collections and deaccessions from the collections, in compliance with rigorous collections management policies. The DIA creates publication quality photographs of the collection (now digital files), manages photographic records, manages rights and reproduction requests and provides some event photography services. Publications professionals oversee the editing and production of permanent collection gallery and exhibition labels and interpretive media, edits museum ephemera, and produces all museum publications such as collection and exhibition catalogues. Conservators oversee treatment, repair and restoration of the permanent collections and monitor the physical condition of the collections and the environment in which it is displayed and stored. Conservators also examine all outgoing loans from the collection and all incoming loans for special exhibitions. The DIA held the following exhibitions during FY 12-13 - Patti Smith: Camera Solo June 1, 2012 to September 2, 2012; Five Spanish Masterpieces, June 21, 2012 to August 19, 2012; Picasso and Matisse: The DIA's Prints and Drawings, July 11, 2012 - January 6, 2013; Faberge: The Rise and Fall, October 14, 2012 - January 21, 2013; Hidden Treasures: An Experiment, October 31, 2012 - March 3, 2013; Motor City Muse: Detroit Photographs, Then and Now, December 14, 2012 - June 16, 2013; Shirin Neshat, April 7 - July 7, 2013; Ellsworth Kelly: Prints, May 22 - September 8, 2013. The DIA also toured two areas of their collection to the Frist Center for the Visual Arts: German Expressionist collection tour, October 19, 2012 - February 10, 2013 and Dutch Golden Age collection tour, February 3 - May 19, 2013. 4269089 277544 Museum and Community Programs: The museum provides a full menu of public programming designed to provide educational opportunities; engage museum visitors of all ages and utilize the museum's position as a regional asset to extend the visitor-centered mission beyond the walls of the museum. Museum programs include the popular Friday Night Live program, bringing an array of local and national musical talent to perform in the museum. Weekend programs for families offer everything from artist demonstrations to puppet shows and storytelling. The DIA also programmed three seasons of the Detroit Film Theater, featuring the best in art films and independent cinema. Over the course of the fiscal year DIA programs served the following audiences: Detroit Film Theatre - 47, 354 visits; Friday Night Live! - 27,113 visits; Sunday Music Bar - 10,527 visits; Family Sunday Programs - 17,391 visits; Miscellaneous program visits (artist demonstrations, community partnerships, special performances) - 21,566 visits. The DIA assesses the needs of the community and provides partnership opportunities through broad access, invitation and community engagement strategies. Access programs are designed to seek out underrepresented groups and provide opportunities for engagement and education. Examples of access programs include Gallery to Gallery with local art centers and Come Wonder Around for senior citizens. Each of these programs is designed to introduce community members to the museum by providing them with an invitation to participate in a tour of the museum and ease of access (transportation). Community relations staff works with departments within the DIA to develop and implement creative, collaborative projects that connect individuals to the DIA. Examples include the DIA's Inside|Out project and DIA Inspired. Inside|Out takes high quality reproductions to the streets and neighborhoods of the communities we serve and gives community members the opportunity to learn about the DIA's collection in their own neighborhood. Community groups and the DIA staff work together to host community building events such as tours, talks and bike rides. The project has enabled the museum to develop lasting relationships with residents and community groups throughout the region. DIA Inspired is an iterative project that provides opportunity for community members to visit an exhibition at the museum and respond creatively. Community members, through this project, create artwork that is "inspired" by the DIA's collection or exhibition and show their work at local art centers or galleries. The DIA supports museum programs and exhibitions through coordinated marketing efforts including paid advertising, online/social media platforms, direct mail, partnerships, email marketing and media relations. The major exhibition during the FY was Fabergé: The Rise and Fall, with attendance of 86,977 visitors. Communications also supported a number of smaller exhibitions, including Shirin Neshat, Motor City Muse: Detroit Photographs, Then and Now, Hidden Treasures: An Experiment, Guest of Honor: Van Gogh's Bedroom at Arles, Detroit Public Schools Student Exhibition, and Picasso and Matisse: The DIA's Prints and Drawings. The DIA continued promotion of ongoing museum programs such as Friday Night Live, Brunch with Bach, Family Sundays, Black History Month, and special events such as Museum Mystery Tours. The museum's award-winning brand campaign appeared in television ads, radio spots, print advertising, online advertising and billboards. 3264677 45000 Curatorial Services: Curatorial Services includes the efforts of our curatorial and library staff. The curatorial staff has primary responsibility for the art collection, its presentation and development/support of special exhibitions. The research library has been an integral part of the museum since the late 19th century and serves the art historical needs of the museum staff, scholars and students. The collection contains more than 190,000 volumes and subscriptions to 120+ periodicals. 3109541 0 Art Acquisitions: Acquisitions relate to the acquiring of art by purchase and by gift. Following standard museum accounting practices, the DIA recognizes the entire amount as expense at the time of purchase or gift. During fiscal year 2012-2013, the DIA purchased 51 items totaling $961,562 and received 200 gifts of works of art valued at $2,147,980. Each acquisition was accessioned into the DIA's permanent collection. All acquisitions are reviewed by the Collections Committee and approved by the Board of Directors and are paid for using restricted funds designated for the acquisition of art. 2377389 0 Capital Projects: Capital projects are those projects that typically increase the longevity of the facility and the preservation of the art collection. The facility is owned by the City of Detroit so capital related costs are expensed by the DIA as incurred. These costs are paid for using restricted funds designated for capital purposes. Capital projects are reviewed by the Building Committee of the Board of Directors. During the year, the DIA renovated Kresge Court, the auditorium and Crystal Gallery. Projects started during the year that will be completed in the future include mechanical and electrical improvements to Detroit Film Theatre. In addition, the John R stairs and Woodward Plaza retaining wall are undergoing major restoration efforts. The DIA also is in the process of completing a major renovation to its roof. 2287272 55714 Learning & Interpretation: These activities help the public find personal meaning in art by leading interpretive planning and media development for all special exhibitions and gallery installations, providing services for K-12 students and teachers, facilitating gallery tours and art talks in the museum and off-site, and offering art making programs for all ages. The DIA also trains and coordinates the efforts of more than 100 volunteers who deliver select L&I programs. During FY12/13, L&I activities included interpretive planning for Shirin Neshat, Ellsworth Kelly: Prints, Motor City Muse: Detroit Photography, Hidden Treasures: An Experiment, and Faberge: The Rise and Fall; these exhibitions were attended by more than 100,000 visitors. Exhibitions included texts, videos, hands-on interactives, and visitor response stations, some of which were developed with community input. Services for K-12 students and teachers continued to expand in FY12/13, with 61,214 students benefiting from DIA field trips and in-school programs. All third, fourth and fifth grade students at 4 area schools experienced the Art Discovery Program, which includes 5 sequential DIA visits for gallery talks and art making. 1,131 teachers participated in workshops and information sessions. The DIA also presented the 76th annual Juried Detroit Public Schools Student Exhibition. L&I guided 34,763 visitors on gallery tours and led another 7,182 through art talks in the museum and in the community. More than 34,600 people joined drop-in art making workshops in the museum and at art fairs and festivals throughout the metro Detroit region, and another 9,096 took advantage of the Drawing in the Galleries program. DIA teaching artists and tour guides also provided twice-weekly Healing Arts programs for patients at Children's Hospital of Detroit and series visits for clients at the Dingell Veterans Administration Hospital and other community service organizations. The DIA also collaborates with the Michigan Alzheimer's Association on a gallery talk and art making program for people living with the disease and their caregivers. All L&I programs are based on a learner-centered, constructivist model through which L&I staff and volunteers continually deepen their understanding of visitors in order to facilitate experiences that encourage people to notice more, wonder, reconsider and express ideas. 1772511 97028 Support Groups and Auxiliaries: The DIA has 11 auxiliaries and support groups. Each group offers its members exciting opportunities to explore common interests, develop new tastes, make new friends, learn about collecting and become personally involved in the life and support of the museum. Open exclusively to DIA members, auxiliaries offer behind the scenes experiences, private viewings of galleries and special exhibitions and extraordinary trips. Auxiliaries are also involved in fund raising for special museum projects and the acquisition of art for the DIA's world renowned collection. 967113 413570 Enterprise Activities: Consists of retail gift shop, café, catering and Crystal Gallery. 616487 523428 General Admissions: The museum requires a modest general admission of $8 per adult, $6 per senior, $4 per youth (ages 6-17) and $5 per college student. Residents of Wayne, Oakland, and Macomb Counties receive free unlimited general museum admission in accordance with the passage of the County Art Institute Authority millage. Admissions for members continue to be free. Visitors to the museum have the opportunity to view the permanent collection in the galleries, participate without additional charge in many diverse activities including lectures, musical performances, drop-in workshops, docent-led and self-guided tours. A limited number of exhibitions require an entry fee that includes general admission to the museum. Members receive an allotment of exhibition tickets as part of their membership benefits. 301547 1650 Group Reservations: Group Reservations provides guided tours and self-guided services to adult groups and school groups of 15 people or more. The DIA offers a direct phone line or website bookings for reservations. Group Reservations is affiliated with several tour operator organizations including American Bus Association, Ontario Motor Coach, Circle Michigan and the Detroit Metropolitan Convention and Visitor Bureau and attends 3-4 trade show and conferences per year to encourage new business. Proactive prospecting of new tour business is a daily function of the Group Reservations Department. Each group arrival is personally welcomed to the DIA to ensure visitor satisfaction. Groups are reserved and paid in full in advance of their arrival. A customer service satisfaction survey is sent to every group planner to gauge satisfaction levels. A very strong focus is placed on increasing the group attendance in Special Exhibitions. Group Reservations hosts DIA Familiarization Tours for local community leaders in market specific areas. Group Reservations actively participates in Community Outreach. Hotel Packages: The Group Reservations Department is responsible for the museum hotel package. As of June 30, 2013, the DIA currently has 14 preferred hotel partners. Hotels purchase advance admission tickets and create a package with their overnight accommodations. Some offer transportation to and from the museum and a welcome amenity that is pre-purchased from the museum gift shop. We also offer hotel information on the DIA website that links directly to the hotel reservation system. 84350 15058 Volunteer Programming: The DIA Volunteer Council supports museum visitors, staff and other auxiliary support groups. Volunteers work front line, outreach and behind the scenes. In all, 716 DIA Volunteers donated 59,998 hours of service during 2012-2013, which was their 51st year of service to the DIA. 11516210 0 1106448 27793520 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 1 0 0 0 1 191 0 1 380 1 0 0 0 0 0 1 1 0 0 0 0 X 44 44 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MI X X The Detroit Institute of Arts 3138339712 5200 Woodward Ave Detroit MI 482024008 Eugene A Gargaro Jr 20 0 X 0 0 0 Richard M Gabrys 3 0 X 0 0 0 John D Lewis 3 0 X 0 0 0 Reginald Turner Jr 3 0 X 0 0 0 Jeffrey T Antaya 3 0 X 0 0 0 Tina Bassett 3 0 X 0 0 0 Charles Becker 2 0 X 0 0 0 Yvette Bing 2 0 X 0 0 0 Howard W Burdett Jr 2 0 X 0 0 0 Mark A Davidoff 2 0 X 0 0 0 Ethan Davidson 2 0 X 0 0 0 Amy DeBrunner 2 0 X 0 0 0 Lillina Demas 2 0 X 0 0 0 Andrea Dickson 2 0 X 0 0 0 Mark A Douglas 2 0 X 0 0 0 Maria C Bringer Duey 2 0 X 0 0 0 Nicole E Eisenberg 2 0 X 0 0 0 Jennifer Fischer 2 0 X 0 0 0 Eleanor B Ford 2 0 X 0 0 0 Dr Antoine Garibaldi 2 0 X 0 0 0 Mary Ann Gorlin 3 0 X 0 0 0 Thomas Guastello 2 0 X 0 0 0 James B Jacobs 2 0 X 0 0 0 Chacona Johnson 2 0 X 0 0 0 Mary Kramer 2 0 X 0 0 0 Hubert Massey 2 0 X 0 0 0 Dr Ali Moiin 2 0 X 0 0 0 Reuben A Munday 2 0 X 0 0 0 Mark E Neithercut 2 0 X 0 0 0 Juliette Okotie-Eboh 2 0 X 0 0 0 Peter B Oleksiak 2 0 X 0 0 0 Linda Orlans 1 0 X 0 0 0 Alex Parrish 2 0 X 0 0 0 Cynthia J Pasky 2 0 X 0 0 0 Meryl Podolsky 1 0 X 0 0 0 Dr Irvin Reid 2 0 X 0 0 0 Donald Ritzenhein 2 0 X 0 0 0 Marc Schwartz 3 0 X 0 0 0 Sandra Seligman 2 0 X 0 0 0 Suzanne Shank 2 0 X 0 0 0 Thomas W Sidlik 3 0 X 0 0 0 Rhonda C Welburn 2 0 X 0 0 0 Janis Wetsman 2 0 X 0 0 0 Henry Wineman III 2 0 X 0 0 0 Graham W J Beal 40 0 X 479364 0 34504 Annmarie Erickson 40 0 X 343160 0 26206 Robert Bowen 40 0 X 185568 0 5335 Margaret Falcon 40 0 X 184906 0 14725 Elliott Broom 40 0 X 139118 0 13076 Kenneth Myers 40 0 X 129386 0 20917 Sondra Jenkins 40 0 X 113384 0 11262 Alan P Darr 40 0 X 108907 0 7325 1683793 0 133350 12 0 1 0 Grunwell Cashero Co 1041 Major Ave Detroit MI 48217 Construction 1032555 Stoneridge Construction 21840 Wyoming Place Oak Park MI 48237 Construction 522768 Honigman Miller Schwartz and Cohn 2290 First National Building Detroit MI 48226 Legal Services 340079 The OAS Group Inc 1748 Northwood Troy MI 48084 IT Consultants 245862 Ernst & Young LLP One Kennedy Square - Suite 1000 777 Woodward Avenue Detroit MI 482265495 Assurance Services 217623 11 0 4038274 900050 0 12870368 20362150 2207415 38170842 EXHIBITION AND COLLECTION STRATEGIES 712110 1588142 1588142 0 0 GENERAL ADMISSIONS 712110 523428 523428 0 0 ENTERPRISE ACTIVITIES 712110 413570 413570 0 0 MUSEUM AND COMMUNITY PROGRAMS 712110 277544 277544 0 0 SUPPORT GROUPS AND AUXILIARIES 712110 97028 97028 0 0 117422 117422 0 0 3017134 5294164 5294020 144 0 0 0 0 0 0 0 0 0 0 129525 0 0 0 129525 129525 129525 0 0 6648606 0 0 0 6648606 0 6648606 6648606 0 0 768208 900050 768208 0 0 0 0 0 0 0 0 0 2199901 1209585 990316 990316 0 0 32039 32039 0 0 32039 54282626 16111640 144 0 0 0 0 0 0 0 0 0 955779 0 955779 0 0 0 0 0 11063555 8685181 1068367 1310007 1356256 980031 228404 147821 1702181 1229997 286660 185524 836149 604202 140814 91133 0 0 0 0 850341 9033 839946 1362 214547 0 214547 0 10378 0 10378 0 143979 143979 0 0 0 0 1933268 1554404 350208 28656 1941776 1831542 2607 107627 1010419 512436 128499 369484 447603 59740 342597 45266 0 0 0 0 106600 106600 0 294539 275617 10295 8627 0 0 0 0 13323 4487 8481 355 33854 0 33854 0 0 0 0 0 13054 11618 1436 0 403134 320945 82189 0 ART ACQUISITIONS 3109541 3109541 0 0 CAPITAL EXPENDITURES 2377389 2377389 0 0 UTILITIES 1915950 1915950 0 0 EQUIPMENT AND FACILITIES MAINTENANCE 1223596 1188899 34107 590 3492448 3015908 194519 282021 35449659 27793520 4933687 2722452 0 0 16176809 34848879 11231948 9991865 842788 3198080 155832 155832 0 375258 346719 199092 388398 2506616 2038214 552058 468402 0 164260073 177922490 193793858 227320665 1831186 2709341 727000 12846745 15120396 11212198 17678582 26768284 X 72550111 81996930 53517441 60990066 50047724 57565385 176115276 200552381 193793858 227320665 X 18832967 1779893 0 0 0 3824245 X 0 1 X 1 0 X 28673177 24650907 43911940 25211759 27241461 149689244 0 0 0 0 10929381 10929381 0 0 0 0 0 0 28673177 24650907 43911940 25211759 38170842 160618625 51422947 109195678 4814014 4151278 3972322 4217893 5294164 22449671 0 0 0 0 0 0 0 0 0 0 183068296 0.59648 0.47462 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 932000 932000 34517659 35449659 1000000 250000 0 0 0 1000000 1000000 1000000 3000000 4500000 0 111170 786782 932000 1829952 0 250000 250000 250000 750000 1125000 0 0 0 0 0 0 0 X X X X 1 138627372 7896223 12078600 0 6409650 0 152192545 132293179 7241693 4784546 0 5692046 0 138627372 118925070 645855 12361620 0 -360634 0 132293179 103684833 3921764 7953047 0 -3365426 0 118925070 112638362 3335963 -12318076 0 -28584 0 103684833 0.4 0.38 0.22 1 0 0 0 0 0 0 0 0 0 0 0 0 0 622611 592952 29659 0 1884005 1445262 438743 468402 0 Stock, bonds, mutual funds, alternative investments 177922490 F 177922490 0 UNFUNDED PENSION PLAN OBLIGATION 7029880 POST RETIREMENT HEALTHCARE OBLIGATION 2292901 ACCRUED PAYROLL AND OTHER EMPLOYEE BENEFITS 1889417 11212198 X 56882876 1779893 990543 0 1977794 4748230 52134646 0 2147980 2147980 54282626 36270016 990543 0 0 1977794 2968337 33301679 0 2147980 2147980 35449659 SchD_P03_S00_L01 Schedule D, Part III, Line 1 In conformity with allowable museum financial statement presentation practice, the value of the art collection is excluded from the statements of financial position. Such art is accessioned to the permanent collection of the museum upon approval of the Board. SchD_P03_S00_L04 Schedule D, Part III, Line 4 The works of art are held in charitable trust for educational, research and curatorial services. SchD_P05_S00_L04 Schedule D, Part V, Line 4 Income earned on endowment funds is used to further the mission of the DIA including the funding for a variety of activities which are both restricted and unrestricted. These activities include, but not limited to, operations, staff positions, art acquisitions, etc. SchD_P10_S00_L02 Schedule D, Part X, Line 2 ASC 740-10, Income Taxes, clarifies the accounting for uncertainty in income tax positions recognized in financial statements. This guidance requires that realization of an uncertain tax position must be "more likely than not" before it can be recognized in the financial statements. The DIA completed an analysis of its tax position and determined that no amounts were required to be recognized in the financial statements at June 30, 2013. The DIA does not expect an increase or decrease in unrecognized tax benefits within the next 12 months. SchD_P11_S00_L02d Schedule D, Part XI, Line 2d Expenses of special events and activities $768,209 and Cost of Goods Sold $1,209,585 SchD_P11_S00_L04b Schedule D, Part XI, Line 4b Gifts of works of art $2,147,980 SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Expenses of special events and activities $768,209 and Cost of Goods Sold $1,209,585 SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Gifts of works of art $2,147,980 X X X X X X X 1 RUFFALO CODY PO BOX 3048 CEDAR RAPIDS IA 52406 PRIMARILY MEMBERSHIP RENEWAL CALLING 0 292373 63355 229018 PHONE BANKS 4990 NORTHWIND DRIVE SUITE 235 LANSING MI 48823 PRIMARILY ANNUAL FUND AND LAPSED MEMBERSHIP CALLING 0 70485 32624 37861 REMINGTON GROUP 21820 DOVER COURT BEVERLY HILLS MI 48025 PROFESSIONAL FUNDRAISING CONSULTANT 0 0 48000 -48000 362858 143979 218879 MI FABERGE THE DIA GALA CELEBRATION 939512 0 939512 0 0 145626 108434 8700 110248 FASHBASH 352858 0 352858 0 0 56771 57560 4800 24697 9 375888 0 375888 0 0 29682 92090 28950 100650 1668258 0 1668258 0 0 232079 258084 42450 235595 768208 900050 X X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 Graham W J Beal 410000 0 50000 0 19364 0 0 0 34504 0 513868 0 0 0 Annmarie Erickson 275000 0 50000 0 18160 0 0 0 26206 0 369366 0 0 0 Margaret Falcon 174906 0 10000 0 0 0 0 0 14725 0 199631 0 0 0 Robert Bowen 175000 0 10000 0 568 0 0 0 5335 0 190903 0 0 0 Elliott Broom 139118 0 0 0 0 0 0 0 13076 0 152194 0 0 0 Kenneth Myers 129386 0 0 0 0 0 0 0 20917 0 150303 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a As Director for the museum, Graham W J Beal attends three professional conferences or important fund raising events which have a necessary spousal component. In such cases, spousal travel is paid for by the organization. The Director received a paid membership to three business clubs, which allow him to connect with other leaders in the business community and the private sector. The Director also has access to a nominal discretionary fund for use in the normal course of business. The discretionary fund consists of miscellaneous honorariums for the Director. Documentation of all such charges to the discretionary fund are reviewed and approved by the CFO and the accounting department. SchJ_P01_S00_L03 Schedule J, Part I, Line 3 The position of Museum Director President and CEO and the Executive Vice President and COO enter into an employment agreement. GRAHAM W J BEAL OFFICER HOUSING ADVANCE X 155832 155832 0 1 1 155832 Alex Parrish HMSC Partner Serves on DIA Board of Directors 340079 Payment to HMSC for legal fees 0 Peter Oleksiak-DTE Sr VP Finance Serves on DIA Board of Directors 141618 Payment to DTE for utilities 0 X 200 2147980 Donor stated value X Inkind gift for NAIAS space rental & show floor access 1 45000 Donor stated value X Various in-kind donations for various purposes 11 14435 Donor stated value 23 0 1 1 SchM_P01_S00_L32b Schedule M, Part I, Line 32b The DIA uses auction houses (primarily Sotheby's and Christie's) to sell gifts of works of art not accepted into the collection. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The process used by the DIA to review the Form 990 with its governing body is as follows: 1 - The initial draft is completed by a Senior Accountant and then reviewed with the Director of Accounting and CFO. 2 - An in depth review is scheduled with the DIA Executive Vice President and COO and the Museum Director and CEO. 3 - After completing staff reviews, a comprehensive review is scheduled with a Board of Directors subcommittee consisting of the Board Chair, the Vice Chair, the Finance Committee Chair, the Audit Committee Chair and the Governance and Nominating Committee Chair. 4 - After completion of the Board subcommittee review, the Form 990 is made available to all Board Members in advance of efiling. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The DIA's conflict of interest policy is provided to all staff upon joining the DIA. This policy is part of the DIA Professional Practices Guidelines. All staff members are required to sign they have read, understood and agree to abide by the guidelines. The conflict of interest policy is further reinforced in the DIA Purchasing Policy and Procedure Manual. Both documents are available online and are distributed to staff any time updates or changes are made. DIA Board Members provide an annual update of relationships and affiliations which are reviewed to determine potential conflicts of interest. As part of the annual audit, a thorough review of staff and Board affiliations and transactions is conducted to ensure all are in compliance with DIA policy. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The compensation of the DIA's Director/CEO and Executive Vice President/COO is determined by contract, and is established annually, after review and discussion by a board subcommittee consisting of the Board Chair and the chairs of the Human Resources and Finance committees. The Director's compensation is based upon performance versus established goals. Compensation for the other officers and key employees is first determined through comparability data from the Association of Art Museum Directors (AAMD) annual salary survey and other sources, consideration of local market conditions, and a comprehensive performance evaluation process. Any new hire or change to existing compensation must then be approved by the Director or Executive Vice President, the CFO and the Executive Director of ODHR. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The audited financial statements and Form 990 are posted to the institution's website. Governing documents and conflicts of interest are made available upon request by the public. F990_P11_S00_L09 Form 990, Part XI, Line 9 DECREASE IN UNFUNDED PENSION PLAN OBLIGATION $3,984,984, CHANGE IN POST RETIREMENT HEALTHCARE OBLIGATION ($160,739) FSDIA Acquisition Co 5200 Woodward Avenue Detroit MI 48202 383416266 Investment company MI The Detroit Institute of Arts C -63798 1000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0