2011-11-10T09:00:14-06:00 2010-12-31 CROWE HORWATH LLP 3815 River Crossing Parkway Suite 300 Indianapolis IN 462400977 990 2010-01-01 350867985 THE CHILDREN'S MUSEUM OF INDIANAPOLIS INC CHIL 3173343322 3000 North Meridian Street Indianapolis IN 462084716 JEFFREY H PATCHEN 2011-11-08 true 3175698989 2010 2016-02-24 21:20:13Z JEFFREY H PATCHEN 3000 N Meridian St Indianapolis IN 462084716 133159327 false X WWW.CHILDRENSMUSEUM.ORG X 1925 IN THE MISSION OF THE CHILDREN'S MUSEUM OF INDIANAPOLIS, INC. IS TO CREATE EXTRAORDINARY LEARNING EXPERIENCES THAT HAVE THE POWER TO TRANSFORM THE LIVES OF CHILDREN AND FAMILIES. 34 34 437 540 1253403 503860 13039324 4971846 8069796 8713704 462601 22791375 1469252 1416282 23040973 37893207 46950 26067 0 0 14843218 14375072 468329 66828 2445246 18829575 17738932 34188072 32206899 -11147099 5686308 367084226 384831174 59388778 56262956 307695448 328568218 X SEE SCHEDULE O false 17038227 26067 9753275 EDUCATIONAL ACTIVITIES, PROGRAMS AND SCHOOL TOURS - THE CHILDREN'S MUSEUM DEVELOPS EDUCATIONAL PROGRAMS AND SCHOOL TOURS FOR ALL AGES INVOLVING MUSEUM EXHIBITS AND EDUCATIONAL ACTIVITIES. 6018341 EXHIBIT DESIGN - THE CHILDREN'S MUSEUM DEVELOPS ONGOING EXHIBITS FOR THE MUSEUM GALLERIES. IN ADDITION, THE MUSEUM STAFF IMPROVE AND MAINTAIN CURRENT EXHIBITS. 889325 COLLECTIONS - THE CHILDREN'S MUSEUM OF INDIANAPOLIS BOASTS A COLLECTION OF MORE THAN 110,000 ARTIFACTS. THE COLLECTION IS A STOREHOUSE OF IDEAS AND CONCEPTS; NOT ONLY ARE THESE ARTIFACTS PATHWAYS TO THE THINKING THAT HAVE SHAPED OUR COLLECTIVE PAST, BUT ALSO TO THE NEW CONNECTIONS AND DISCOVERIES YET UNBORN IN THE MINDS OF YOUNG VISITORS. SINCE ITS FOUNDING IN 1925, THE MUSEUM HAS NURTURED THE GROWTH OF ITS COLLECTION WHICH IS DIVIDED INTO THREE DOMAINS: NATURAL WORLD DOMAIN: COLLECTIONS CONTAIN MANY REAL ITEMS, FROM DINOSAUR EGGS AND PRECIOUS GEMS TO SAUSAGE TREE PODS. MANY INTERESTING OBJECTS FROM AROUND THE WORLD ILLUSTRATE NATURAL AND PHYSICAL SCIENCE CONCEPTS. CULTURAL WORLD DOMAIN: COLLECTIONS CONTAIN FOLK TOYS, SPECIAL CLOTHES, DECORATED EVERYDAY OBJECTS AND ART BY CHILDREN AND INTERNATIONALLY-KNOWN ARTISTS. AMERICAN EXPERIENCE DOMAIN: COLLECTIONS CONTAIN OVER 39,500 AMERICAN AND AFRICAN-AMERICAN OBJECTS SPANNING ALMOST 200 YEARS. THESE ARE SEEN BY GRANDPARENTS, PARENTS AND CHILDREN IN GALLERY EXHIBITS AND EDUCATIONAL ACTIVITIES. THE COLLECTION OF THE CHILDREN'S MUSEUM IS IMPORTANT BECAUSE: ARTIFACTS TELL STORIES THAT CONNECT GENERATIONS; ARTIFACTS OFFER INSIGHT INTO THE LIVES OF PEOPLE HERE AND IN OTHER PARTS OF THE WORLD; ARTIFACTS ARE REFERENCE POINTS FOR CHILDREN TO COMPARE THEIR LIVES WITH PEOPLE THROUGH TIME AND ACROSS CULTURES; ARTIFACTS INSPIRE OUR IMAGINATION AND ENRICH OUR LIVES. 23945893 true true false false false true true false true true true false false true true false true false false true false false true true false false false true true true false false false false false false false false false false true true false false true true false false false false true 133 0 true 437 true true true false false false false true true false false false false X 34 34 false false false false false false false true true false true true true true true true true true true true false IN X X EDWARD A BAWEL 3173343322 3000 NORTH MERIDIAN ST Indianapolis IN 462084716 C DANIEL YATES 1 X 0 0 0 AMY CONRAD WARNER 1 X 0 0 0 SHEILA TRIPLETT 1 X 0 0 0 BRIAN SULLIVAN 1 X 0 0 0 SUSIE SOGARD 1 X 0 0 0 BRYAN S SMITH 1 X 0 0 0 YVONNE H SHAHEEN 1 X 0 0 0 MARIA QUINTANA 1 X X 0 0 0 GEORGIANA PERKINS 1 X 0 0 0 VOP OSILI 1 X 0 0 0 TERRI MANN 1 X 0 0 0 LLOYD C LYONS 1 X 0 0 0 GEOFFREY G LORD 1 X 0 0 0 KAREN ANN LLOYD 1 X 0 0 0 CORDELIA M LEWIS-BURKS 1 X 0 0 0 JULIA L LACY 1 X X 0 0 0 USHA V HECHT 1 X 0 0 0 ROBERT B HEBERT 1 X 0 0 0 ALICE T HAGER 1 X 0 0 0 DAVID GRAY 1 X 0 0 0 PHILIP GENETOS 1 X X 0 0 0 JOHN A GARDNER 1 X X 0 0 0 JO-ANN B FELTMAN 1 X 0 0 0 JOHN T FEDERICI 1 X 0 0 0 ROBERT BOB ESTES 1 X 0 0 0 DAVID N ESKENAZI 1 X 0 0 0 STEPHEN ENKEMA 1 X 0 0 0 ELIZABETH COOKE 1 X 0 0 0 STEVEN P CALTRIDER 1 X 0 0 0 JAMES D JIM BREMNER 1 X 0 0 0 ALISON BIRGE 1 X 0 0 0 CRAIG EMSWELLER 40 X 123693 0 21902 LISA TOWNSEND 40 X 147178 0 4767 KATY ALLEN 40 X 126691 0 23862 BRIAN WILLIAMS 40 X 172317 0 7956 EDWARD A BAWEL 40 X 142956 0 25727 JEFFREY PATCHEN 40 X 501758 0 29386 JENNIFER PACE ROBINSON 40 X 135341 0 27955 SUSAN BROOKS 1 X 0 0 0 KEITH ILER 1 X 0 0 0 GORDON SLACK 1 X 0 0 0 1349934 0 141555 10 false true false ARTS & EXHIBITIONS INTERNATIONAL LLC 930 W 7TH AVENUE DENVER CO 80204 KING TUT TRAVELING EXHIBIT 713522 ECHO POINT MEDIA 407 FULTON ST INDIANAPOLIS IN 46202 MEDIA PLACEMENT 684827 PILLAR GROUP RISK MANAGEMENT INC 301 PENNSYLVANIA PARKWAY SUITE 100 INDIANAPOLIS IN 46280 INSURANCE BROKER 289323 PRIORITY PRESS INC 4026 W 10TH ST INDIANAPOLIS IN 46222 PRINTING SERVICES 265287 CAMBRIDGE ASSOCIATES LLC PO BOX 10317 UNIONDALE NY 115550317 INVESTMENT ADVISOR 235034 13 21153 427258 233098 4290337 398777 4971846 ADMISSION RECEIPTS 3973044 3973044 MEMBERSHIP AND DUES 3433631 3433631 PROGRAM RECEIPTS 1307029 1307029 0 0 0 0 8713704 8694189 1283246 7410943 0 353394 353394 211984 241827 -29843 0 -29843 -29843 108006609 41904 93916449 34878 14090160 7026 14097186 14097186 43563 21153 44968 -1405 -1405 0 2049260 1027997 1021262 1021262 LOCKERS 23522 23522 STROLLER & WAGON RENTAL 19805 19805 COAT CHECK 11238 11238 18309 18309 0 0 72874 37893207 9753275 1253403 21914683 0 26067 26067 0 0 711418 265572 445846 0 10560720 7764228 1852318 944174 583587 379387 133122 71078 1721975 1318619 279167 124189 797372 568658 145831 82883 0 60911 10743 46663 3505 132591 129703 2888 0 66828 66828 1129009 1129009 943640 555819 93546 294275 1896444 1750865 1120 144459 1035559 593501 305922 136136 162059 77601 71415 13043 0 2089751 1647844 433227 8680 171692 154198 5951 11543 0 158085 94789 48822 14474 1825392 1825392 0 5637396 5374585 262811 374579 12998 361581 RESEARCH AND DEVELOPMENT 110807 101507 6794 2506 EQUIPMENT AND EXHIBITIONS (NON CAP) 1002678 913869 25054 63755 PROGRAMS AND ACTIVITIES 1008339 775223 218132 14984 0 0 0 0 32206899 23945893 5815760 2445246 0 45638 49248 3832524 3580260 5957976 4757362 1085630 158387 319728 323192 285500 276927 133404505 54384781 82793931 79019724 105581218 143894478 148440000 133841938 0 18742081 18929658 367084226 384831174 4721840 3950319 737816 666629 51775000 51355000 2154122 291008 59388778 56262956 X 256695621 273474366 31430500 35524525 19569327 19569327 307695448 328568218 367084226 384831174 X 5686308 15186462 X false true true X false X 7523744 10402078 8472136 13039324 4971846 44409128 0 0 7523744 10402078 8472136 13039324 4971846 44409128 2484218 41924910 5914800 6102314 5127314 5256167 7410704 29811299 1471 2034649 20061 509193 2565374 93261 366411 116437 576109 77361910 8739181 0.54190 0.40256 X OTHER INCOME, SCHEDULE A, PART II, LINE 11, MISCELLANEOUS INCOME: 2006 - $0 2007 - $0 2008 - $93,261 2009 - $366,411 2010 - $116,437, RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 X 1 0 1 1 0 1 true 5 0 true 13983 17786491 X X false 252720324 1394937 35235902 12951041 276400122 218687356 3876168 53825149 0 22942813 725536 252720324 314531482 101426 -80551438 14631289 762825 218687356 0.83190 0.07120 0.09690 true false 6730178 6730178 97537561 36067565 61469996 2701440 2414663 286777 4804266 4286621 517645 21631060 11615932 10015128 79019724 0 0 U.S. GOVERNMENT MORTGAGE BACKED SECURITIES 154570 F MUTUAL FUNDS 23451717 F LIMITED PARTNERSHIPS 71149809 F PRIVATE EQUITY/VENTURE CAPITAL 37709579 F INVESTMENTS HELD BY COMMUNITY FOUNDATION 1376263 F 133841938 100000 ANNUITY PAYABLE LIABILITY 191008 291008 37893207 32206899 5686308 13736218 1679286 15415504 21101812 53494494 13736218 2994078 16730296 36764198 1129009 0 1129009 37893207 32392682 1314792 1314792 31077890 1129009 0 1129009 32206899 Conservation easements policy Schedule D, Part II, Line 5 THE CHILDREN'S MUSEM OF INDIANAPOLIS, INC. HAS A WRITTEN POLICY THAT OUTLINES THE TIMING OF SPECIFIC DUTIES NECESSARY TO MAINTAIN COMPLIANCE WITH HISTORICAL PRESERVATION GUIDELINES. Conservation easements financial reporting Schedule D, Part II, Line 9 CONSERVATION EASEMENTS ARE ACCOUNTED FOR IN THE SAME MANNER AS OTHER PROPERTY ACQUISITIONS WITH THE ADDED MEASURE OF COMPLIANCE WITH LOCAL HISTOCIAL SOCIETY REQUIREMENTS. Collections of art - description of collections Schedule D, Part III, Line 4 UNLIKE MOST MUSEUMS CREATED FOR CHILDREN, THE CHILDREN'S MUSEUM OF INDIANAPOLIS, INC. MAINTAINS A COLLECTION. IT IS THE LARGEST AND MOST COMPREHENSIVE COLLECTION OF ANY YOUTH MUSEUM IN THE WORLD, CONSISTING OF APPROXIMATELY 110,000 ARTIFACTS. THE MUSEUM COLLECTS SIGNIFICANT ARTIFACTS AND SPECIMENS TO USE IN EXHIBITIONS AND THEIR EDUCATIONAL PROGRAMS, AND PRESERVES THOSE ARTIFACTS, SPECIMENS, AND THEIR CONTEXTUAL INFORMATION FOR FUTURE GENERATIONS OF CHILDREN AND THEIR FAMILIES. COLLECTIONS ARE DIVIDED INTO THREE PRINCIPAL AREAS OF INTEREST OR DOMAINS: AMERICAN EXPERIENCE (WHICH INCLUDED A GROWING AFRICAN AMERICAN COLLECTION OF ARTIFACTS), WORLD CULTURES, AND NATURAL WORLD. Intended uses of endowment funds Schedule D, Part V, Line 4 THE CHILDREN'S MUSEUM OF INDIANAPOLIS, INC. USES THE TEMPORARILY AND PERMANENTLY RESTRICTED PORTION OF THE ENDOWMENT CONSISTENT WITH THE DONOR'S RESTRICTION. THE UNRESTRICTED PORTION OF THE ENDOWMENT IS USED TO PROVIDE A RELATIVELY PREDICTABLE, STABLE, AND IN REAL TERMS, CONSTANT STREAM OF CURRENT INCOME FOR ANNUAL OPERATING NEEDS BASED ON THE BOARD OF DIRECTORS' APPROVAL. FIN 48 (ASC 740) footnote Schedule D, Part X, Line 2 THE MUSEUM IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE (IRC) AND IS NOT CONSIDERED TO BE A PRIVATE MUSEUM. SIDNEY LLC IS A SINGLE MEMBER LLC WHOSE SINGLE MEMBER IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE IRC. THE FOLLOWING INCOME TAXES WERE PAID AND REMITTED BY THE MUSEUM AND CONSOLIDATING ENTITIES IN 2010 AND 2009: PROPERTY TAXES OF $50,000 AND $105,000 AND SALES TAXES COLLECTED AND REMITTED OF $163,000 AND $145,000. AS OF DECEMBER 31, 2010 AND 2009, THE MUSEUM HAS RECORDED A TAX LIABILITY OF $100,000 AND $825,000, IN RELATION TO UNRELATED BUSINESS INCOME TAXES. CURRENT ACCOUNTING STANDARDS REQUIRE THE MUSEUM TO DISCLOSE THE AMOUNT OF POTENTIAL BENEFIT OR OBLIGATION TO BE REALIZED AS A RESULT OF AN EXAMINATION PERFORMED BY A TAXING AUTHORITY. FOR THE YEARS ENDED DECEMBER 31, 2010 AND 2009, MANAGEMENT HAS DETERMINED THAT THE MUSEUM DOES NOT HAVE ANY TAX POSITIONS THAT RESULT IN ANY UNCERTAINTIES REGARDING THE POSSIBLE IMPACT ON THE MUSEUM'S FINANCIAL STATEMENTS. THE MUSEUM DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. THE MUSEUM IS NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR YEARS BEFORE 2006. THE MUSEUM RECOGNIZED INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. THE MUSEUM DID NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES AT DECEMBER 31, 2010 AND 2009. Other changes in net assets Schedule D, Part XI, Line 8 CHANGE IN FAIR VALUE OF INTEREST RATE SWAP - 1384974; REDUCTION OF UBIT LIABILITY - 294312; Other revenues in audited financial statements not in form 990 Schedule D, Part XII, Line 2d CHANGE IN VALUE OF INTEREST RATE SWAP - 1384974; COST OF GOODS SOLD - 1027997; FUNDRAISING EXPENSES - 44968; RENTAL EXPENSES - 241827; REDUCTION IN UBIT LIABILITY - 294312; Other expenses in audited financial statements not in form 990 Schedule D, Part XIII, Line 2d COST OF GOODS SOLD - 1027997; FUNDRAISING EXPENSES - 44968; RENTAL EXPENSES - 241827; CENTRAL AMERICA AND THE CARIBBEAN 0 0 PASSIVE INVESTMENTS 41798332 0 0 41798332 true false true true true false X X X X true IDC IDC CENTRE 2500 PASEO VERDE PARKWAY HENDERSON NV 89074 CONSULTING FOR PHONE CAMPAIGNS, INFORMATIONAL BROCHURES, ADMINISTRATION false 148872 66828 82044 148872 66828 82044 AL AK AZ AR CA CO CT FL GA HI IL IN IA KS KY LA ME MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC SD TN UT VT VA WA WV WI ROCKSTARS GALA 43563 21153 22410 3945 30562 5000 5461 0 0 43563 21153 22410 0 0 3945 30562 5000 5461 44968 -22558 true INTERN TUITION ASSISTANCE 36 19317 0 N/A N/A SCHOLARSHIPS 7 6750 0 N/A N/A Procedures for monitoring use of grant funds Schedule I, Part I, Line 2 THE CHILDREN'S MUSEUM OF INDIANAPOLIS, INC. AWARDS SCHOLARSHIPS TO SEVERAL INDIVIDUALS THROUGHOUT THE YEAR. AN INDEPENDENT COMMITTEE REVIEWS ALL SCHOLARSHIP APPLICATIONS AND SELECTS THE RECIPIENTS. EMPLOYEES OF THE CHILDREN'S MUSEUM OF INDIANAPOLIS, INC. AND THEIR FAMILIES ARE INELIGIBLE TO RECEIVE SCHOLARSHIPS. ONCE THE RECIPIENTS ARE CHOSEN, THE ORGANIZATION MONITORS THE USE OF GRANT FUNDS BY PAYING SCHOLARSHIPS DIRECTLY TO THE RECIPIENTS' EDUCATIONAL INSTITUTIONS OF CHOICE. X X X X X false true false false false false false false false LISA TOWNSEND 145818 0 1000 0 360 0 3416 0 1351 0 151945 0 0 0 KATY ALLEN 125475 0 1000 0 216 0 0 0 23862 0 150553 0 0 0 BRIAN WILLIAMS 170957 0 1000 0 360 0 6500 0 1456 0 180273 0 0 0 EDWARD A BAWEL 141404 0 1000 0 552 0 8820 0 16907 0 168683 0 0 0 JEFFREY PATCHEN 420881 0 70000 0 10877 0 13800 0 15586 0 531144 0 0 0 JENNIFER PACE ROBINSON 134101 0 1000 0 240 0 5200 0 22755 0 163296 0 0 0 Supplemental nonqualified retirement plan Schedule J, Part I, Line 4b THE ORGANIZATION HAS A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN FOR JEFFREY PATCHEN (PRESIDENT), HOWEVER THERE WERE NO CONTRIBUTIONS MADE TO THE PLAN DURING 2010. THE INDIANA FINANCE AUTHORITY 351602316 455057NH8 2008-05-14 20493266 TO CONSTRUCT/RENOVATE EXHIBITS AND TO REFUND 10/11/1995 BONDS false false false INDIANA DEVELOPMENT FINANCE AUTHORITY 351602316 45504REB8 2003-07-30 32000000 TO CONSTRUCT PARKING GARAGE false false false 1360000 0 20547852 0 0 0 238713 0 0 5000000 0 0 2009 true false true true 0 0 32314103 0 1054079 0 295000 115978 0 30534943 0 0 2004 false false true true false false false false 0.0000 0.0000 0.0000 true false false false false 0.0000 0.0000 0.0000 true false false false NA false NA false true false true true KEY BANK NATIONAL ASSOCIATION 10.0 false true false NA 0.0 false true QUALIFIED HEDGE WITH RESPECT TO THE 2003 BOND ISSUE SCHEDULE K, PART IV, LINES 3A-E DURING SEPTEMBER 2010, THE MUSEUM TERMINATED ITS EXISTING 10 YEAR HEDGE WITH KEY BANK NATIONAL ASSOCIATION AT A RATE OF 3.51% ON $16 MILLION OF THE 2003 BOND ISSUE, AND THE MUSEUM ENTERED INTO A NEW 23 YEAR HEDGE WITH PNC BANK AT A RATE OF 2.72% ON THE ENTIRE $32 MILLION OF THE 2003 BOND ISSUE. THE NEW AGREEMENT INCLUDED A ONE TIME PAYMENT OF $1,656,000 TO TERMINATE THE EXISTING 10 YEAR HEDGE. THE MUSEUM ENTERED INTO THE NEW AGREEMENT TO MAKE FIXED INTEREST PAYMENTS ON THE ENTIRE $32 MILLION ISSUE THROUGH THE RETIREMENT DATE OF THE BONDS IN EXCHANGE FOR VARIABLE INTEREST PAYMENTS. X 29 269806 MARKET VALUE X 44 13983 DONOR DETERMINED X 3 20200 COST X SUPPLIES/EQUIPMENT 10 51678 COST X MISCELLANEOUS 27 43110 COST 0 false true true Third parties used to solicit, process, or sell noncash contributions Schedule M, Part I, Line 32a THE CHILDREN'S MUSEUM OF INDIANAPOLIS, INC. USES A BROKERAGE FIRM TO SELL CONTRIBUTIONS OF STOCK AFTER RECEIPT. THE CHILDREN'S MUSEUM ALSO USES AN ONLINE AUCTION ORGANIZATION TO SELL COLLECTIONS. HOWEVER, COLLECTIONS ARE TYPICALLY USED OR DISPLAYED BY THE MUSEUM FOR A PERIOD OF TIME AFTER RECEIPT AND ARE SOLD ONLY AFTER THEIR USE IN THE MUSEUM DISPLAYS. ORGANIZATION'S MISSION FORM 990, PART III, LINE 1 THE CHILDREN'S MUSEUM OF INDIANAPOLIS (THE "MUSEUM"), THE LARGEST CHILDREN'S MUSEUM IN NORTH AMERICA, WAS INCORPORATED IN THE STATE OF INDIANA ON DECEMBER 22, 1925, STATING AS ITS PURPOSE: "TO OPERATE A CHILDREN'S MUSEUM." THE MUSEUM OPENED TO THE PUBLIC IN JANUARY, 1926 AND CURRENTLY ATTRACTS OVER 1,000,000 VISITORS A YEAR. THE MUSEUM IS A PUBLIC MUSEUM OFFERING A BROAD SPECTRUM OF EDUCATIONAL OPPORTUNITIES AND INTERACTIVE FAMILY LEARNING EXPERIENCES TO A DIVERSE AUDIENCE THAT INCLUDES CHILDREN OF ALL AGES, ADULTS, FAMILIES, INDIVIDUALS WITH DISABILITIES, CITIZENS 65 YEARS AND OLDER, TOURISTS, NEIGHBORS, STUDENTS, AND THEIR TEACHERS. THROUGHOUT ITS ENTIRE HISTORY, THE MUSEUM HAS CONTINUED TO DEVELOP INNOVATIVE METHODS TO PROVIDE TRULY EXTRAORDINARY FAMILY LEARNING EXPERIENCES. THE MUSEUM'S EXHIBITION PROGRAM IS A BLEND OF MAJOR, "PERMANENT" FAMILY LEARNING EXHIBITIONS, WITH A PROJECTED "LIFE EXPECTANCY" OF 10-15 YEARS; SPECIAL, TEMPORARY EXHIBITS THE MUSEUM RENTS OR PRODUCES FOR AN AVERAGE PERIOD OF APPROXIMATELY FOUR OR FIVE MONTHS; AND INTERNATIONAL TRAVELING EXHIBITS PRODUCED FOR OTHER MUSEUMS. EDUCATIONAL PROGRAMS AT THE MUSEUM ARE DESIGNED TO RELATE TO, COMPLEMENT, AND DEVELOP THEMES PRESENTED IN PERMANENT, TEMPORARY, AND SPECIAL EXHIBITS; AND TO PROMOTE THE DEVELOPMENTAL NEEDS OF CHILDREN AND THEIR FAMILIES. THE MUSEUM OFFERS MORE THAN 4,000 EDUCATIONAL CLASSES, PROGRAMS, AND ACTIVITIES THROUGHOUT THE YEAR THAT EXTEND AND DEVELOP EXHIBIT THEMES. UNLIKE MOST MUSEUMS CREATED FOR CHILDREN, THE MUSEUM MAINTAINS A COLLECTION. IT IS THE LARGEST AND MOST COMPREHENSIVE COLLECTION OF ANY YOUTH MUSEUM IN THE WORLD, CONSISTING OF APPROXIMATELY 110,000 ARTIFACTS. THE MUSEUM COLLECTS SIGNIFICANT ARTIFACTS AND SPECIMENS TO USE IN EXHIBITIONS AND THEIR EDUCATIONAL PROGRAMS, AND PRESERVES THOSE ARTIFACTS, SPECIMENS, AND THEIR CONTEXTUAL INFORMATION FOR FUTURE GENERATIONS OF CHILDREN AND THEIR FAMILIES. COLLECTIONS ARE DIVIDED INTO THREE PRINCIPAL AREAS OF INTEREST OR "DOMAINS": AMERICAN EXPERIENCE (WHICH INCLUDES A GROWING AFRICAN AMERICAN COLLECTION OF ARTIFACTS), WORLD CULTURES, AND NATURAL WORLD. Review of form 990 by governing body Form 990, Part VI, Section B, Line 11b THE FORM 990 IS REVIEWED IN DETAIL BY THE EXECUTIVE COMMITTEE. AFTER ANY QUESTIONS/CHANGES ARE ADDRESSED, THE FORM 990 IS DISTRIBUTED VIA EMAIL TO EVERY MEMBER OF THE GOVERNING BODY BEFORE IT IS FILED WITH THE IRS. Conflict of interest policy Form 990, Part VI, Section B, Line 12c A CONFLICT OF INTEREST POLICY IS IN PLACE THAT APPLIES TO ALL TRUSTEES, DISTINGUISHED ADVISORS, HONORARY TRUSTEES, COMMITTEE MEMBERS, EMPLOYEES AND VOLUNTEERS. A CONFLICT OF INTEREST STATEMENT IS SIGNED ANNUALLY BY TRUSTEES, DISTINGUISHED ADVISORS, HONORARY TRUSTEES, COMMITTEE MEMBERS, AND UPPER MANAGEMENT EMPLOYEES. ONCE THE CONFLICT OF INTEREST STATEMENTS ARE SIGNED, THEY ARE REVIEWED BY IN-HOUSE LEGAL COUNSEL FOR POTENTIAL OR ACTUAL CONFLICTS OF INTEREST. AT ALL TIMES, ALL PERSONS WHO HAVE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST ARE REQUIRED TO DISCLOSE IT - TRUSTEES, DISTINGUISHED ADVISORS, HONORARY TRUSTEES AND COMMITTEE MEMBERS MAKE SUCH DISCLOSURE TO THE BOARD OF TRUSTEES; EMPLOYEES AND VOLUNTEERS MAKE SUCH DISCLOSURE TO THE VP OF HUMAN RESOURCES, WHO THEN CONTACTS THE MUSEUM'S CEO AND THE BOARD CHAIR. BEFORE ANY TRANSACTION INVOLVING A POTENTIAL CONFLICT OF INTEREST MAY OCCUR, THE BOARD OF TRUSTEES IS REQUIRED TO DETERMINE WHETHER AN ACTUAL CONFLICT OF INTEREST EXISTS AND, IF SO, WHETHER A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS REASONABLY ATTAINABLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, AND WHETHER THE PROPOSED TRANSACTION IS IN THE MUSEUM'S BEST INTEREST, IS FOR THE MUSEUM'S OWN BENEFIT, AND IS FAIR AND REASONABLE. THE INTERESTED PERSON MAY NOT PARTICIPATE IN THE BOARD'S DISCUSSION OR DECISION REGARDING THE POTENTIAL CONFLICT. CONFLICTS OF INTEREST DISCOVERED ONCE A TRANSACTION IS IN PROCESS WILL BE ADDRESSED BY THE BOARD AS SOON AS POSSIBLE, AND THE INTERESTED PERSON MAY BE SUBJECT TO DISCIPLINE, INCLUDING TERMINATION, FOR FAILURE TO DISCLOSE THE CONFLICT IN A TIMELY MANNER. Process used to establish compensation of top management official Form 990, Part VI, Section B, Line 15a THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES RETAINED AN EXTERNAL FIRM TO CONDUCT A COMPENSATION MARKET ANALYSIS OF THE CEO'S TOTAL COMPENSATION IN 2010. THIS PROCESS INVOLVED, A REVIEW OF THE EXECUTIVE'S CURRENT COMPENSATION AND RESPONSIBILITIES, DETERMINATION OF A SPECIFIC MARKETPLACE OF COMPARATIVE ORGANIZATIONS, IN-DEPTH MARKET ANALYSIS OF THE COMPARABLE PEER GROUP AND FINALLY, SPECIFIC DATA DRIVEN RECOMMENDATIONS FOR BOTH BASE AND VARIABLE PAY FOR THE CEO POSITION. THE COMMITTEE REVIEWED THESE RECOMMENDATIONS AND OTHER COMPARATIVE DATA TO SUBSEQUENTLY, ENGAGE LEGAL COUNSEL TO CREATE AN EMPLOYMENT CONTRACT. THIS PROCESS BEGAN IN 2010 AND CONCLUDED IN 2011. Process used to establish compensation of other officers/key employees Form 990, Part VI, Section B, Line 15b THE COMPENSATION OF THE OTHER OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION IS DETERMINED BY THE PRESIDENT/CEO IN CONJUNCTION WITH THE MUSEUM'S HUMAN RESOURCES AND ORGANIZATIONAL DEVELOPMENT DEPARTMENTS AND THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THEY USE COMPARABILITY DATA AND DECISIONS ARE DOCUMENTED. THIS PROCESS WAS LAST UNDERTAKEN IN 2010. Public Disclosure Form 990, Part VI, Section C, Line 19 THE CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Other changes in net assets or fund balances Form 990, Part XI, Line 5 NET UNREALIZED GAINS (LOSSES) ON INVESTMENTS - 13736218; PRIOR PERIOD ADJUSTMENTS - -229042; CHANGE IN VALUE OF INTEREST RATE SWAP - 1384974; REDUCTION OF UBIT LIABILITY - 294312; SIDNEY ENTERPRISES LLC 3000 N MERIDIAN ST INDIANAPOLIS IN 46208 350867985 PROPERTY DEVELOPMENT & RENOVATION IN 0 2005302 NA THE CHILDREN'S MUSEUM GUILD INC 3000 N MERIDIAN ST INDIANAPOLIS IN 46208 310931317 SUPPORTING IN 501(C)(3) 11 - Type II NA false false true false false false false false false false false true true true true true false false