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        <BusinessName>
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        <BusinessName>
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          <USAddress>
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      <ContractorCompensationGrp>
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          <USAddress>
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      <ContractorCompensationGrp>
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        <ExplanationTxt>CBMAA'S collections are made up of art objects, artifacts of historical significance and rare books. The collections are maintained for public exhibition, education and research In furtherance of public service, rather than for financial gain. Each of the Items IS cataloged, preserved, and cared for, and activities verifying their existence and assessing their condition are performed. The collections are subject to a policy that requires proceeds from their sales to be used to acquire other Items for collections. CBMAA'S collections have been acquired through purchases, contributions, and other acquisitions since the Museum's inception and are not recognized as assets in the accompanying statement of financial position. Purchases of collection Items are recorded as decreases in net assets in the year In which the Items are acquired. If the assets used to purchase the items were restricted by the donors, the Museum recognizes corresponding net assets released from restriction. Proceeds from deaccessions or Insurance recoveries are reflected as Increases In the appropriate net asset classes.</ExplanationTxt>
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        <ExplanationTxt>CBMAA'S art collection offers a superb overview of American art. The galleries Include American masterworks and surprising lesser-known gems from the colonial era to today, spanning five centuries of American art. Sculptures grace both interior galleries and outdoor trails. The museum's permanent collection galleries are refreshed regularly. New acquisitions and works from the museum's vaults are displayed on a rotating basis. In addition, familiar guest favorites and a changing array of special focus groupings and temporary installations of light-sensitive works offer the opportunity for further exploration Into art, architecture, and nature. The permanent collection, which continues to grow through a strategic acquisition plan, IS on view year-round with no cost for admission. In addition, an annual array of special exhibitions ensures that there IS always something new to see at the museum. Guests may also browse selections from CBMAA'S permanent collection online through eMuseum, and view gallery highlights via the museum's free app, CBMuseum, downloadable to Apple or Android devices.</ExplanationTxt>
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        <ExplanationTxt>Below lists the Intended uses of CBMAA'S temporary and permanent endowment funds. Operations Endowment - Provides funds for recurring and annual expenses that are ordinary and necessary to operate CBMAA for Its purpose as a public art museum, including the purchase of new or replacement furnishings or equipment that IS not fixed equipment. Permitted expenditures Include operating expenses for staffing, permanent exhibitions, temporary exhibitions drawn primarily for the permanent collection regular programs, marketing and communications, routine facilities and grounds maintenance, utilities, and other common operating needs. Collections, Acquisition, and Care Endowment - Provides funds for the acquisition of works for CBMAA's art collection and library, and also supports the conservation and care of works within CBMAA's collection. These works might Include paintings, sculpture, prints, Illustrated and rare books and manuscripts, decorative arts objects, photographs, other new media works and commissioned works of art. Building Endowment - Provides funds for the acquisition, major repair, renovation and replacement of buildings, structures, fixtures and fixed equipment. The endowment supports the purchase of new and renovation of existing capital assets and/or enhancements that Improve or extend the life of existing capital assets. Walker School Programs Endowment Provides funds to the School Visits Program, specifically to defray the following costs to schools participating In museum programs: transportation, lunches or snacks for participants, and compensation for the participating drivers and required substitute teachers. In addition, the endowment fund may also support the development of educational materials to enhance the School Visit Program. Walmart Admissions Endowment Provides funds to underwrite entrance to the permanent collection galleries to all visitors without an admission fee. Tyson Scholars Endowment Provides funds to support a research/residency program at CBMAA for museum and academic professionals In a variety of disciplines from throughout the world. This program will provide professional development, mentorship, and the exchange of Ideas across historical periods and disciplines. Shewmaker Endowment - Provides funds to support the programmatic needs of the Education Studio program. McMillon Family Classroom Learning Endowment - Provides funding to initiatives that connect CBMAA collections, exhibitions, and the arts to student learning In the classroom. This may Include but is not limited to the following: curriculum in print and digital format, museum educators In the classroom, and distance learning initiatives. Next Generation Fund - Art for All Endowment - Provides funding for various initiatives across departments and disciplines. Each initiative receiving funding would be an approved part of the annual operating budget. The fund will support innovative programs, special initiatives, and ongoing operating programs Gift use will be based on programs having 1) great need, but limited resources and 2) meaningful Impact. Next Generation Fund - Grounds/Trails and Sustainability Endowment Fund Provides funds for expenses that are necessary to develop and maintain CBMAA's grounds and trails and to ensure a sustainable environment surrounding CBMAA. Permitted expenditures Include expenses for staffing, activities associated With landscape development, rejuvenation or Improvement, trail maintenance, pond and stream maintenance, didactic materials and program offerings to enhance visitor experiences, and projects associated with enhancing the sustainability efforts of the museum. Next Generation Fund - Collections - Augments the WFF Collection endowment by supporting the care and maintenance of specific works of art and architecture, including the Buckyball sculpture and the Frank Lloyd Wright house. Windgate Education Endowment Provides funds specifically to develop creative solutions using art, art museums, and artists that address educational challenges facing our nation's schools. CBMAA will serve as a national hub to drive and coordinate system level changes that address Issues facing PreK-12 schools In the areas of quality education, equitable access to the arts, readiness to learn, and workforce skills. Van Cliburn Concert Series Endowment Provides funds for expenses necessary In developing, promoting, and staging the Van Cliburn Concert Series produced by CBMAA and In maintaining the Van Cliburn piano. Curatorial Excellence Fund - The Curatorial Excellence Fund provides resources in support of three core endeavors: professional development, research and scholarship, and curatorial alliances. Internship Endowment - Internship program provides diverse learning opportunities for individuals with student status from rising high school seniors to graduate students completing their PhDs. Endowment funds are used for program management (recruitment, orientation, evaluation, tracking, etc), competitive stipends, housing, overhead costs, programming and growth of the program.</ExplanationTxt>
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          <BusinessNameLine1Txt>Austen Bailly</BusinessNameLine1Txt>
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        <TitleTxt>Chief Curator</TitleTxt>
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          <BusinessNameLine1Txt>Kersta HURST</BusinessNameLine1Txt>
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          <BusinessNameLine1Txt>Emilio Fabico</BusinessNameLine1Txt>
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        <FormAndLineReferenceDesc>Schedule J, Part I, Line 4a Severance or change-of-control payment</FormAndLineReferenceDesc>
        <ExplanationTxt>Philip Sigsworth received a severance payment in the amount of $92,311. The amount was paid upon his departure.</ExplanationTxt>
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        <ContributionCnt>27</ContributionCnt>
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        <MethodOfDeterminingRevenuesTxt>Other - INSURANCE VALUE</MethodOfDeterminingRevenuesTxt>
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        <FormAndLineReferenceDesc>Schedule M, Part I Explanations of reporting method for number of contributions</FormAndLineReferenceDesc>
        <ExplanationTxt>Art - Works of art - CBMAA is reporting the number of items received. Securities - Publicly traded - CBMAA IS REPORTING THE NUMBER OF CONTRIBUTIONS.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part III, Line 4d Description of other program services</FormAndLineReferenceDesc>
        <ExplanationTxt>(Expenses $ 174,355 including grants of $)(Revenue $ 1,560) LIBRARY PROGRAM</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 2 Family/business relationships amongst interested persons</FormAndLineReferenceDesc>
        <ExplanationTxt>STEUART WALTON, BOARD DIRECTOR; OLIVIA WALTON, BOARD DIRECTOR - Family relationship, STEUART WALTON, BOARD DIRECTOR; C. DOUGLAS MCMILLON, BOARD DIRECTOR - Business relationship</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 4 Significant changes to organizational documents</FormAndLineReferenceDesc>
        <ExplanationTxt>The Organization's bylaws were amended to add a second group of voting members, having power to elect other voting members.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 6 Classes of members or stockholders</FormAndLineReferenceDesc>
        <ExplanationTxt>CBMAA HAS NONVOTING MEMBERS AND VOTING MEMBERS. NONVOTING MEMBERS ARE MEMBERS OF THE PUBLIC WHO JOIN CBMAA BY PAYING A MEMBERSHIP FEE AND, IN RETURN, RECEIVE FREE ADMISSION TO CBMAA EXHIBITIONS AND OTHER SPECIAL EVENTS, THE CBMAA MAGAZINE, AND OTHER CBMAA-RELATED ITEMS. CBMAA ALSO HAS VOTING MEMBERS (SEE RESPONSE TO LINE 7A BELOW).</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 7a Members or stockholders electing members of governing body</FormAndLineReferenceDesc>
        <ExplanationTxt>VOTING MEMBERS HAVE THE POWER TO ELECT CBMAA'S BOARD OF DIRECTORS.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 11b Review of form 990 by governing body</FormAndLineReferenceDesc>
        <ExplanationTxt>AFTER PREPARATION OF THE FORM 990 HAS BEEN COMPLETED, THE FORM IS SUBMITTED TO CBMAA'S EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER FOR THEIR REVIEW. AFTER REVIEW BY THESE CBMAA OFFICERS, THE FORM IS SUBMITTED TO THE BOARD OF DIRECTORS FOR REVIEW AND ANY QUESTIONS.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 12c Conflict of interest policy</FormAndLineReferenceDesc>
        <ExplanationTxt>On an annual basis, each CBMAA director must complete a conflicts of Interest statement and disclose any existing or potential conflicts of Interest with any organization or individual. During a new staff Orientation and on an annual basis thereafter, All CBMAA staff members are required to review the conflict of Interest policy and disclose any potential conflicts of Interest evidenced by their signature on the form. Any forms Indicating a potential or disclosure of a conflict of Interest are forwarded to the executive director for review and further investigation.</ExplanationTxt>
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        <FormAndLineReferenceDesc>Form 990, Part VI, Line 15a Process to establish compensation of top management official</FormAndLineReferenceDesc>
        <ExplanationTxt>Prior to hiring Individuals for CBMAA officer and key staff positions, the CBMAA Governance Committee reviews market research, Including Independent salary data for comparable positions. The determination of compensation for these Individuals IS based on this data as well as an Internal equity analysis. Annual performance reviews are required for all employees. Merit raises are based on the results of performance.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 15b Process to establish compensation of other employees</FormAndLineReferenceDesc>
        <ExplanationTxt>Prior to hiring Individuals for CBMAA officer and key staff positions, the CBMAA Governance Committee reviews market research, Including Independent salary data for comparable positions. The determination of compensation for these Individuals IS based on this data as well as an Internal equity analysis. Annual performance reviews are required for all employees. Merit raises are based on the results of performance.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 19 Required documents available to the public</FormAndLineReferenceDesc>
        <ExplanationTxt>CBMAA's form 990 IS available to the public at Guidestar.org. CBMAA's certificate of incorporation IS available to the public via the Delaware Secretary of State database.</ExplanationTxt>
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        <FormAndLineReferenceDesc>Form 990, Part VIII, Line 2f Other Program Service Revenue</FormAndLineReferenceDesc>
        <ExplanationTxt>OTHER FEES - Total Revenue: 600, Related or Exempt Function Revenue: 600, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;</ExplanationTxt>
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        <FormAndLineReferenceDesc>Form 990, Part XI, Line 9 Other changes in net assets or fund balances</FormAndLineReferenceDesc>
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      <PerformOfServicesForOthOrgInd>true</PerformOfServicesForOthOrgInd>
      <PerformOfServicesByOtherOrgInd>true</PerformOfServicesByOtherOrgInd>
      <SharingOfFacilitiesInd>true</SharingOfFacilitiesInd>
      <PaidEmployeesSharingInd>false</PaidEmployeesSharingInd>
      <ReimbursementPaidToOtherOrgInd>false</ReimbursementPaidToOtherOrgInd>
      <ReimbursementPaidByOtherOrgInd>false</ReimbursementPaidByOtherOrgInd>
      <TransferToOtherOrgInd>false</TransferToOtherOrgInd>
      <TransferFromOtherOrgInd>false</TransferFromOtherOrgInd>
    </IRS990ScheduleR>
  </ReturnData>
</Return>