2023-03-13T09:34:42-05:00 2022-04-30 FORVIS LLP 1201 Walnut Suite 1700 Kansas City MO 641062246 990 2021-05-01 446012977 THE NELSON GALLERY FOUNDATION % TAMMY J BLUHM NELS 8167510417 4525 OAK STREET KANSAS CITY MO 64111 EVELYN CRAFT BELGER BOARD CHAIR 8167511378 2023-03-15 true RICHARD GREEN 999009999 April Arnold CPA P01559426 8162216300 2023-03-15 3 2021 2023-04-26 12:10:37Z JULIAN ZUGAZAGOITIA CEO 4525 OAK STREET KANSAS CITY MO 64111 26620216 false X WWW.NELSON-ATKINS.ORG X 1954 MO ENCOURAGEMENT OF PUBLIC INTEREST IN ART. 20 20 453 375 294881 185132 19410982 19859052 447051 1344914 -1894742 2874383 94464 1624029 18057755 25702378 0 0 0 0 17541391 16435020 0 0 3359171 18199879 19141952 35741270 35576972 -17683515 -9874594 635177358 610782059 142427587 134807126 492749771 475974933 X SEE SCHEDULE O false false 26200187 0 2892642 SEE SCHEDULE O 26200187 true true false false false false false true false true true true false false false false false true false false false false false false true false false false false true true false false false false false false false false false false true true false false false true true true false false true 148 0 true 453 true true true false false false false true true false false false false false false X 20 20 false false false false false false false true false false false true true true true true true true false false AZ AR CA FL IL LA MO MT ND X TAMMY J BLUHM 8167510417 4525 OAK STREET KANSAS CITY MO 64111 JULIAN ZUGAZAGOITIA DIRECTOR/CEO 35.0 1.0 X 702876 0 47621 KAREN CHRISTIANSEN CHIEF OPERATING OFFICER 35.0 1.0 X 386799 0 21842 HATHAWAY MARANDA VICE PRESIDENT, DEVELOPMENT 35.0 0.0 X 212355 0 22701 STEVEN WATERMAN DEPUTY DIRECTOR, DESIGN & EXP 35.0 0.0 X 195663 0 10140 WILLIAM RUDOLPH DEPUTY DIR, CURATORIAL AFFAIRS 35.0 0.0 X 184101 0 15307 AMANDA STONE VICE PRESIDENT, EARNED INCOME 35.0 0.0 X 178438 0 19540 ANNE MANNING DEPUTY DIRECTOR, LEARNING 35.0 0.0 X 177787 0 12802 RICHARD C GREEN JR BOARD CHAIR 3.0 1.0 X X 0 0 0 RAMON MURGUIA BOARD SECRETARY 1.0 0.25 X 0 0 0 SHIRLEY BUSH HELZBERG TRUSTEE 1.0 0.25 X 0 0 0 MARK O'CONNELL TRUSTEE 1.0 0.25 X 0 0 0 GRANT BURCHAM TRUSTEE 1.0 0.25 X 0 0 0 KENT SUNDERLAND TRUSTEE 1.0 0.25 X 0 0 0 EVELYN CRAFT BELGER BOARD VICE-CHAIR 1.0 0.25 X 0 0 0 DR VALERIE CHOW TRUSTEE 1.0 0.25 X 0 0 0 DON HALL JR TRUSTEE 1.0 0.25 X 0 0 0 SARA MORGAN TRUSTEE 1.0 0.25 X 0 0 0 WILLIAM B TAYLOR BOARD TREASURER 1.0 0.25 X 0 0 0 PAUL DEBRUCE TRUSTEE 1.0 0.25 X 0 0 0 ALEJANDRO SANCHEZ ALVARADO TRUSTEE 1.0 0.25 X 0 0 0 ANN KAUFMANN BAUM TRUSTEE 1.0 0.25 X 0 0 0 LEO MORTON TRUSTEE 1.0 0.25 X 0 0 0 MARY ATTERBURY TRUSTEE 1.0 0.25 X 0 0 0 RAMON CHERAFAT TRUSTEE 1.0 0.25 X 0 0 0 SANDRA LAWRENCE TRUSTEE 1.0 0.25 X 0 0 0 STEVE MCDOWELL TRUSTEE 1.0 0.25 X 0 0 0 MARNY SHERMAN TRUSTEE 1.0 0.25 X 0 0 0 2038019 0 149953 16 false true false JE DUNN CONSTRUCTION COMPANY 1001 LOCUST ST KANSAS CITY MO 64106 CONSTRUCTION 742832 TRUE NORTH OUTDOOR 2405 MERRIAM LANE KANSAS CITY KS 66106 LAWN SERVICE 397465 MARVIN SUAREZ 1004 PINKSTON ST GRANDVIEW MO 64030 JANITORIAL SERVICE 236345 GRENZEBACH GLIER ASSOCIATES INC PO BOX 775321 CHICAGO IL 60677 CONSULTING SERVICES 201332 SULLIVAN COTTER HOLDINGS INC 62272 COLLECTIONS DRIVE CHICAGO IL 60693 LEGAL SERVICES 149223 7 4017322 1381154 1769663 6496425 6194488 53400 19859052 Exhibition Fees 900099 573532 573532 Program Fees 900099 218742 218742 Parking Fees 900099 552640 552640 1344914 1550652 161490 1389162 0 14097 14097 55200 51128 4072 0 4072 4072 1323731 1323731 1323731 1323731 69901 1381154 131063 -61162 -61162 0 0 0 1448752 735647 717895 717895 Special Events 900099 928424 795033 133391 Miscellaneous 900099 20703 20703 949127 25702378 2892642 294881 2655803 0 0 0 0 1237507 921857 174651 140999 0 12306631 9156498 1734756 1415377 650006 483624 91625 74757 1324155 1034281 195951 93923 916721 682068 129222 105431 177471 131632 22421 23418 42563 31570 5377 5616 26596 19727 3360 3509 0 0 1132023 1132023 3667030 2741877 467032 458121 247251 185871 21600 39780 1741473 1146209 302001 293263 0 0 2453184 1992312 337606 123266 132738 65535 35040 32163 0 0 878618 722090 108889 47639 0 7999079 6578477 988245 432357 206301 164922 25523 15856 MISCELLANEOUS EXPENSES 437625 141637 242292 53696 35576972 26200187 6017614 3359171 3148925 3024476 6118522 2604229 66005029 62028497 32612 184313 0 0 0 0 0 0 199211 111166 35621 100042 301877283 119362543 189656911 182514740 220085707 170196220 135371309 177704713 0 0 0 0 14523511 12313663 635177358 610782059 4973311 5237126 0 0 597400 0 133490000 129570000 0 0 0 0 0 0 3150900 0 215976 0 142427587 134807126 X 281465193 268100512 211284578 207874421 492749771 475974933 635177358 610782059 X -9874594 -5960216 -940028 X false true X true false X 28800115 26714877 24050674 19410982 19859052 118835700 0 0 28800115 26714877 24050674 19410982 19859052 118835700 27484377 91351323 4465869 2401879 2461849 1155758 1458459 11943814 191373 159954 164541 22035 185132 723035 0 131502549 19794195 0.69467 0.66920 X SCHEDULE A PART II LINE 1 IN ADDITION TO THE CONTRIBUTIONS REPORTED ON FORM 990 PART VIII, LINE 1 ALSO INCLUDES GIFTS IN KIND OF DONATED ARTWORK. THE DONATED ARTWORK IS NOT REPORTED IN THE ORGANIZATION'S FINANCIAL STATEMENTS. FOR PURPOSES OF CALCULATING EXCESS CONTRIBUTIONS, THE DONATED ARTWORK IS TREATED SIMILAR TO CASH CONTRIBUTIONS AND INCLUDED ON LINE 1. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X false 274765741 3178652 -2867322 13872004 1132022 260073045 293846096 276703 67046064 85206980 1196142 274765741 321746156 9569164 -14007026 22205175 1257022 293846097 343213051 71298 8857405 29071082 1324516 321746156 338111447 179873 30533576 23603674 2008171 343213051 0.57770 0.35180 0.07050 true false 10205279 10205279 290144160 118649828 171494332 1461501 712715 748786 66343 66343 182514740 Alternative Investments 177704713 F 177704713 SCHEDULE D, PART III, LINE 1A IN CONFORMITY WITH ACCOUNTING POLICIES GENERALLY FOLLOWED BY ART MUSEUMS, THE COLLECTIONS THAT WERE ACQUIRED THROUGH PURCHASES BY THE BOARD OF TRUSTEES AND CONTRIBUTIONS SINCE THE INCEPTION ARE NOT RECOGNIZED AS ASSETS ON THE COMBINED STATEMENTS OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED OR AS DECREASES IN TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS WERE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE COMBINED FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASS. SCHEDULE D, PART III, LINE 4 THE MUSEUM'S COMPREHENSIVE PERMANENT COLLECTION SPANS 5,000 YEARS AND NUMBERS NEARLY 43,000 OBJECTS. THE ASIAN ART COLLECTION IS AMONG THE FINEST IN THE WORLD BY VIRTUE OF ITS SIZE, DEPTH, AND OVERALL LEVEL OF QUALITY. THE OUTSTANDING ANCIENT ART INCLUDES MASTERPIECES FROM ANCIENT MESOPOTAMIA, EGYPT AND THE CLASSICAL WORLD. THE ARCHITECTURE, DESIGN AND DECORATIVE ARTS COLLECTION CONTAINS EUROPEAN AND AMERICAN HOLDINGS. THE EUROPEAN PAINTING AND SCULPTURE ART COLLECTION IS OF FINE QUALITY THROUGHOUT. THE AMERICAN ART COLLECTION INCLUDES PAINTINGS, SCULPTURES, AND DRAWINGS WITH SUPERB PORTRAITS AND LANDSCAPES BY MAJOR 18TH AND 19TH-CENTURY PAINTERS. THE MODERN AND CONTEMPORARY ART COLLECTION INCLUDES IMPORTANT WORKS FROM THE EARLY 20TH-CENTURY TO THE PRESENT. THE NATIVE AMERICAN ART COLLECTION IS PARTICULARLY STRONG IN SOUTHWEST NAVAJO MATERIAL. THE AFRICAN ART HOLDINGS INCLUDE OVER 400 OBJECTS, AND THE MUSEUM HAS MADE AN INSTITUTIONAL COMMITMENT TO DEVELOP KANSAS CITY AS A SIGNIFICANT CENTER FOR THE COLLECTION AND STUDY OF AFRICAN ART. THE BREADTH, DEPTH, AND QUALITY OF THE MUSEUM'S PHOTOGRAPHY COLLECTION ARE MATCHED BY ONLY A SMALL GROUP OF THE LARGEST MUSEUMS IN THE UNITED STATES. THE PHOTOGRAPHY COLLECTION PROVIDES A PANORAMIC VISION OF ITS SUBJECT, AMERICAN PHOTOGRAPHY, FROM THE INVENTION OF THE MEDIUM IN 1839 TO THE PRESENT. THE MUSEUM IS ALSO HOME OF THE 20-ACRE DONALD J. HALL SCULPTURE PARK WHICH INCLUDES THE LARGEST COLLECTION OF HENRY MOORE SCULPTURES OUTSIDE OF ENGLAND. ANY WORK OF ART NOT ON VIEW IS AVAILABLE FOR RESEARCH, UNLESS ITS CONDITION PRECLUDES THIS USE. SCHEDULE D, PART V, LINE 4 ENDOWMENTS AND BOARD DESIGNATED QUASI-ENDOWMENT FUNDS ARE IN PLACE TO SUPPORT SPECIFIC EDUCATION PROGRAMS, EXHIBITIONS, COLLECTIONS ADMINISTRATION, ART ACQUISITIONS, AND OPERATIONS. SCHEDULE D, PART X, LINE 2 UNCERTAIN TAX POSITIONS DISCLOSURE - MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. C100 LUNCHEON 287045 254034 33011 9192 18678 47729 SHUTTLECORK 1164010 1127120 36890 966 13993 40505 0 1451055 1381154 69901 10158 32671 88234 131063 -61162 X true true X X X X false true false false false false false false false JULIAN ZUGAZAGOITIA DIRECTOR/CEO 586373 0 100000 0 16503 0 25083 0 22538 0 750497 0 0 0 KAREN CHRISTIANSEN CHIEF OPERATING OFFICER 323454 0 0 0 63345 0 14002 0 7840 0 408641 0 0 0 HATHAWAY MARANDA VICE PRESIDENT, DEVELOPMENT 211918 0 0 0 437 0 14978 0 7723 0 235056 0 0 0 STEVEN WATERMAN DEPUTY DIRECTOR, DESIGN & EXP 194718 0 0 0 945 0 9702 0 438 0 205803 0 0 0 WILLIAM RUDOLPH DEPUTY DIR, CURATORIAL AFFAIRS 183747 0 0 0 354 0 7477 0 7830 0 199408 0 0 0 AMANDA STONE VICE PRESIDENT, EARNED INCOME 178286 0 0 0 152 0 12697 0 6843 0 197978 0 0 0 ANNE MANNING DEPUTY DIRECTOR, LEARNING 177455 0 0 0 332 0 12597 0 205 0 190589 0 0 0 SCHEDULE J, PART I, LINE 1A THE NELSON GALLERY FOUNDATION MAINTAINS A MEMBERSHIP AT THE MISSION HILLS COUNTRY CLUB, A SOCIAL CLUB, IN THE NAME OF THE DIRECTOR/CEO. THIS MEMBERSHIP IS USED BY THE NELSON GALLERY FOUNDATION FOR HOSTING BUSINESS MEETINGS, BUT IS AVAILABLE TO THE DIRECTOR/CEO FOR PERSONAL USE. MEMBERSHIP DUES ARE TREATED AS TAXABLE COMPENSATION TO THE DIRECTOR/CEO. SCHEDULE J, PART I, LINE 4B THE CEO PARTICIPATES IN A DEFERRED COMPENSATION PLAN UNDER 457F. NO AMOUNTS WERE CONTRIBUTED TO THE PLAN DURING THE YEAR. A MISSOURI DEVELOPMENT FINANCE BOARD 431387649 606037BE8 2008-08-28 108500000 SEE PART VI false false false B MISSOURI DEVELOPMENT FINANCE BOARD 431387649 606037AS8 2004-04-29 60000000 SEE PART VI false false false C MISSOURI DEVELOPMENT FINANCE BOARD 431387649 606037CT4 2012-08-07 48528388 SEE PART VI false false false A 500000 48000000 108327353 0 32900 0 1041759 0 0 22061417 85191278 0 2012 true false true true B 3000000 0 63709527 0 8370056 0 733679 0 0 54605792 0 0 2007 false false true true C 29845000 0 48528388 0 0 0 514115 0 0 0 48014273 0 2012 true false true true A false true false false 0 false false false true B false true false false 0 false false false true C false true false false 0 false false false true A false true true false 0 true ROYAL BANK OF CANADA 1.95 true true true B true true false 0 true TRANSAMERICA OCCIDEN 3.4 true true true C false true false false 0 false 0 false true A true B true C true PART VI SUPPLEMENTAL INFORMATION PART I, COLUMN (F), LINE A: REFUND SERIES 2001B BONDS ISSUED ON 12/6/2001; CONSTRUCTION AND RENOVATION OF VARIOUS MUSEUM BUILDINGS. PART I, COLUMN (F), LINE B: CONSTRUCTION OF BLOCH BUILDING AND IMPROVEMENTS TO EXISTING MUSEUM BUILDING. PART I, COLUMN (F), LINE C: REFUND A PORTION OF THE SERIES 2008A BONDS ISSUED ON 08/28/2008. PART I, COLUMN (G), LINE A: A PORTION OF THE SERIES 2008A BONDS WAS REFUNDED BY THE SERIES 2012A BONDS ON AUGUST 7, 2012. PART II, COLUMN (A), LINE 3: AMOUNT IS NOT EQUAL TO ISSUE PRICE DUE TO INVESTMENT EARNINGS EARNED DURING THE PROJECT PERIOD. THIS AMOUNT DOES NOT INLUCDE $500,000 OF SALE PROCEEDS USED TO REDEEM BONDS OF THE ISSUE. PART II, COLUMN (A), LINE 2: A PORTION OF THE SERIES 2008A BONDS ($48,000,000) WAS REFUNDED BY THE SERIES 2012A BONDS ON AUGUST 7, 2012. PART II, COLUMN (B), LINE 3: AMOUNT IS NOT EQUAL TO ISSUE PRICE DUE TO INVESTMENT EARNINGS EARNED DURING THE PROJECT PERIOD. PART II, COLUMN (A), LINE 11: INCLUDES $85,191,278 IN BOND PROCEEDS THAT WAS USED TO REDEEM THE SERIES 2001B BONDS. THIS AMOUNT DOES NOT INCLUDE $500,000 OF SALE PROCEEDS USED TO REDEEM BONDS OF THE ISSUE. PART II, COLUMN (C), LINE 11: $48,000,000 WAS USED TO REDEEM A PORTION OF THE OUTSTANDING SERIES 2008A BONDS ON THE ISSUE DATE OF THE SERIES 2012A BONDS. ADDITIONALLY, $14,272.90 OF THE AMOUNT ORIGINALLY DEPOSITED INTO THE COSTS OF ISSUANCE FUND WAS TRANSFERRED TO THE DEBT SERVICE FUND AND USED TO PAY INTEREST ON THE SERIES 2012A BONDS. PART III, COLUMN (A)(B)(C), LINE 5: THE INSTITUTION HOLDS VARIOUS EVENTS THAT MAY RESULT IN PRIVATE BUSINESS USE AS A RESULT OF UNRELATED TRADE OR BUSINESS ACTIVITY WITHIN THE MUSEUM. THE MAXIMUM AMOUNT OF POTENTIAL PRIVATE BUSINESS USE THAT MAY RESULT FROM THE UNRELATED TRADE OR BUSINESS ACTIVITY IS 0% FOR THE FISCAL YEAR. PART IV, COLUMN (B), LINE 5B: TRANSAMERICA OCCIDENTAL LIFE INSURANCE CO. PART IV, COLUMN (B), LINE 6: ANY AMOUNTS INVESTED BEYOND THE 3-YEAR TEMPORARY PERIOD WERE REFLECTED IN THE ARBITRAGE REBATE ANALYSIS DATED APRIL 29, 2009 AND ON THE FORM 8038-T. PART IV, COLUMN (A), LINE 2C: ALL GROSS PROCEEDS WERE SPENT AS OF THE COMPUTATION DATE. ARBITRAGE REBATE ANALYSIS DATED AUGUST 1, 2012. PART IV, COLUMN (A), LINE 6: PROCEEDS IN THE PROJECT FUND WERE INVESTED BEYOND THE 3-YEAR TEMPORARY PERIOD; HOWEVER, NO EXCESS YIELD LIABILITY WAS GENERATED. X 74 0 OTHER X ADV MATERIALS 2 38000 FMV X AUCTION ITEMS 3 10400 FMV X MISC ITEMS 1 5000 FMV 13 false true true SCHEDULE M, PART I, COLUMN (B) THE ORGANIZATION USES A COMBINATION OF THE NUMBER OF CONTRIBUTIONS AND THE NUMBER OF ITEMS RECEIVED. SCHEDULE M, PART I, LINE 32B USE OF THIRD PARTIES TO PROCESS OR SELL NONCASH CONTRIBUTIONS- AUCTION HOUSES, OR OCCASIONALLY DEALERS, ARE USED TO SELL WORKS DEACCESSIONED FROM THE COLLECTIONS. THESE WORKS INCLUDE GIFTS AND BEQUESTS AS WELL AS PURCHASES. A CURATOR IDENTIFIES A WORK FOR POSSIBLE DEACCESSION. IF THE DIRECTOR/CEO APPROVES DEACCESSIONING THE WORK, THE CURATOR CONTACTS AUCTION HOUSES OR DEALERS TO GET SALE ESTIMATES. THE CURATOR RECOMMENDS AN AUCTION HOUSE OR DEALER TO THE DIRECTOR/CEO. THE CURATOR PREPARES A DEACCESSION PROPOSAL AND PRESENTS THE WORK TO THE COMMITTEE ON COLLECTIONS (THE 'COC'). THE COC HAS THE AUTHORITY TO APPROVE DEACCESSIONS WITH AN ESTIMATED SALE VALUE OF LESS THAN $25,000. THE BOARD OF TRUSTEES MUST APPROVE DEACCESSIONS WITH AN ESTIMATED SALE VALUE OF $25,000 OR MORE. THE DIRECTOR/CEO SIGNS THE AUCTION HOUSE'S OR DEALER'S CONSIGNMENT AGREEMENT. SALE PROCEEDS ARE RESTRICTED TO THE PURCHASE OF WORK IN THE SAME CURATORIAL AREA. SCHEDULE M, PART I, LINE 33 WHY ORGANIZATION DID NOT REPORT REVENUES ON SCH. M, PART I, COL C- PLEASE SEE SCHEDULE D, PART III, LINE 1A. FORM 990, PART III, LINE 1 THE NELSON-ATKINS MUSEUM OF ART IS WHERE THE POWER OF ART ENGAGES THE SPIRIT OF COMMUNITY. WE WELCOME AND PROVIDE FREE ADMISSION TO ALL, AND DELIVER UNPARALLELED OPPORTUNITIES TO ENJOY, APPRECIATE AND UNDERSTAND THE FINEST VISUAL ARTS AND THE VARIED CULTURES THEY REPRESENT - ON OUR CAMPUS, ONLINE, AND THROUGHOUT KANSAS CITY. AS AN INSTITUTION OF NATIONAL AND INTERNATIONAL RENOWN, WE ESTABLISH AND ADHERE TO THE HIGHEST PROFESSIONAL STANDARDS AND PRACTICES IN RESEARCH, SCHOLARSHIP, PRESENTATION, INTERPRETATION AND CARE OF OUR COLLECTIONS. WE SERVE AS A VITAL PARTNER IN THE EDUCATIONAL, SOCIAL AND CULTURAL LIFE OF OUR COMMUNITY, USING OUR COLLECTIONS AND PROGRAMS TO BUILD AN ENVIRONMENT WHERE PEOPLE CAN GATHER, SHARE AND CONTEMPLATE THE GREATEST CREATIONS OF HUMANKIND. EVERY DAY, IN ALL WE DO, THE NELSON-ATKINS IS COMMITTED TO NURTURING EXCELLENCE, INSPIRING CREATIVITY AND BUILDING COMMUNITY THROUGH THE POWER OF ART. FORM 990, PART III, LINE 4A The Nelson-Atkins Museum of Art's collection of over 40,000 objects spans 5,000 years. It is celebrated for its holdings of Chinese art, considered among the best in the world, with important collections of Japanese and South and Southeast Asian works of art. Its celebrated European paintings collection-including the second painting by Vincent van Gogh purchased by a US museum-contain one of the few Caravaggio paintings in North America, as well as masterpieces of Impressionist art. The photography collection is one of the finest in the country, spanning the entire history of the medium. The acclaimed Native American collections are among the oldest in the US. There are also important collections of eighteenth century European decorative arts, American paint and sculpture, and African art, complemented by the 22 acre Donald J. Hall Sculpture Park, which acts as one of the city's front lawns and is the site of free, popular festivals celebrating Juneteenth, South and Southeast Asian heritage, and Lunar New Year, among other communities. In recent years, the Museum has dramatically increased its contemporary collections with a deliberate campaign of inclusivity, acquiring important works in all media by BIPOC makers. FORM 990, PART VI, SECTION A, LINE 8B DESCRIPTION OF PRACTICES RE: DOCUMENTATION OF MTGS AND ACTIONS OF COMMITTEES- MINUTES ARE TAKEN FOR ALL COMMITTEES EXCEPT NOMINATING AND GOVERNANCE. A REPORT IS GIVEN AT THE BOARD OF TRUSTEE MEETINGS AND INCLUDED IN THOSE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 11B DESCRIBE THE PROCESS USED BY MANAGEMENT AND/OR GOVERNING BODY TO REVIEW 990- INITIAL COMPILATION OF THE INFORMATION FOR THE RETURN IS COMPLETED BY FINANCE DEPARTMENT STAFF WITH REVIEW BY THE VICE PRESIDENT, FINANCE PRIOR TO TRANSMISSION TO THE ACCOUNTING FIRM FOR RETURN PREPARATION. UPON RECEIPT OF COMPLETED RETURN AND REVIEW BY THE VICE PRESIDENT, FINANCE THE RETURN WILL BE PROVIDED TO THE CHIEF EXECUTIVE OFFICER, AUDIT COMMITTEE AND TO ALL TRUSTEES FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF COMPLIANCE WITH CONFLICT OF INTEREST POLICY- THE CONFLICT OF INTEREST POLICY REQUIRES THE COMPLETION OF A WRITTEN QUESTIONNAIRE BY EACH DIRECTOR, OFFICER, MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWER AND KEY EMPLOYEES, ON AN ANNUAL BASIS. THE QUESTIONNAIRE ADDRESSES EACH INDIVIDUAL'S ACKNOWLEDGEMENT OF THE RECEIPT OF THE CODE OF CONDUCT AND THE CONFLICT OF INTEREST POLICY AND THEIR COMPLIANCE WITH IT, ALONG WITH REQUIRING RESPONSES TO DETAILED QUESTIONS RELATED TO SPECIFIC AREAS THAT COULD RAISE A CONFLICT. THE BOARD CHAIR OF THE BOARD OF TRUSTEES WOULD REVIEW ANY IDENTIFIED CONFLICTS OF INTEREST AND DETERMINE WHETHER ANY FURTHER ACTION WOULD NEED TO OCCUR. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE AND BOARD CHAIR OF THE BOARD OF TRUSTEES REVIEWS THE COMPENSATION AND EMPLOYMENT BENEFITS OF THE DIRECTOR/CEO ON AN ANNUAL BASIS. A VARIETY OF SALARY SURVEY INFORMATION IS PROVIDED BY THE DIRECTOR, HUMAN RESOURCES DURING THIS PROCESS INCLUDING SURVEYS BY AMERICAN ASSOCIATION OF MUSEUM DIRECTORS, THE AMERICAN ALLIANCE OF MUSEUMS, SOCIETY FOR HUMAN RESOURCES MANAGEMENT, AND THE NON-PROFIT TIMES SALARY AND BENEFIT REPORT. A COMPENSATION STUDY WAS PERFORMED BY SULLIVAN COTTER WHO THEN PROVIDED A RECOMMENDATION. JUNE 11, 2021 THE BOARD CHAIR, RICHARD GREEN, PROVIDED NOTICE OF THE EXECUTIVE COMMITTEE REVIEW AND APPROVAL OF THE COMPENSATION TERMS FOR THE FYE APRIL 30, 2022. FORM 990, PART VI, SECTION C, LINE 19 PROCESS FOR MAKING DOCUMENTS AVAILABLE TO THE PUBLIC- THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT GENERALLY MADE AVAILABLE TO THE PUBLIC. AUDITED FINANCIAL STATEMENTS FOR THE PRIOR YEAR ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCES- CHANGE IN VALUE OF TRUSTS HELD BY OTHERS (359,266) ACQUISITION AND DISPOSITION OF ART (580,762) ----------- TOTAL (940,028) FORM 990, PART XII, QUESTION 2C THE AUDIT COMMITTEE IS RESPONSIBLE FOR ENGAGING THE AUDIT FIRM AND REVIEW OF THE DRAFT AUDITED FINANCIAL STATEMENTS BEFORE ISSUANCE. FORM 990 PART IX LINE 11G DESCRIPTION:OUTSIDE CONTRACTORS TOTAL FEES:2694300 FORM 990 PART IX LINE 11G DESCRIPTION:CONTRACT LABOR/FOOD SVCS TOTAL FEES:952159 FORM 990 PART IX LINE 11G DESCRIPTION:OTHER PROFESSIONAL FEES TOTAL FEES:20571 THE WILLIAM ROCKHILL NELSON TRUST 4525 OAK STREET KANSAS CITY MO 64111 440558944 MUSEUM SUPRT MO 501(C)(3) 12A TNGF true MERCURY FUND II 125 HIGH STREET BOSTON MA 02110 473271451 INVESTING DE NGF EXCLUDED 5975431 96872783 false 115599 false 0.99999 Charitable Remainder Trusts (1) TRUST MO NA false false false true false false false false false false false false false false true true false true false false THE WILLIAM ROCKHILL NELSON TRUST C 1769663 FMV