2023-04-03T19:27:41-05:00 2022-06-30 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 900 ORLANDO FL 32801 990 2021-07-01 590910352 ORLANDO MUSEUM OF ART INC ORLA 4078964231 2416 N MILLS AVENUE ORLANDO FL 32803 ROBERT SUMMERS TREASURER 4078964231 2023-03-27 1 ROBERT SUMMERS 999009999 AMY CHAPMAN P00843460 4078021200 2023-03-27 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z JOANN WALFISH 2416 N MILLS AVENUE ORLANDO FL 32803 4918201 0 X WWW.OMART.ORG X 1926 FL INSPIRE CREATIVITY, PASSION, INTELLECTUAL CURIOSITY BY CONNECTING PEOPLE WITH ART AND NEW IDEAS. 29 29 52 121 0 0 2382177 3012799 524114 902759 39720 61520 -228832 151009 2717179 4128087 0 0 0 0 1349614 1698233 0 0 207685 1638340 2585491 2987954 4283724 -270775 -155637 15643097 14433730 565228 505594 15077869 13928136 X THE MISSION OF THE ORLANDO MUSEUM OF ART IS TO INTERPRET AND PRESENT ART FOR A DIVERSE PUBLIC AUDIENCE; TO POSITIVELY AFFECT PEOPLE'S LIVES WITH INCLUSIVE, INNOVATIVE, AND INSPIRING EDUCATIONAL PROGRAMMING WHICH WILL ENDURE AS A CULTURAL LEGACY IN CENTRAL FLORIDA; AND TO STIMULATE CREATIVITY, PASSION, AND INTELLECTUAL CURIOSITY BY CONNECTING PEOPLE FROM ALL BACKGROUNDS AND EXPERIENCES WITH COMPELLING ART AND NEW IDEAS. 0 0 2124025 439637 EXHIBITIONS - THE OMA PRESENTED 8 TEMPORARY EXHIBITIONS AND 8 PERMANENT COLLECTION EXHIBITIONS OF THE AND DISPLAYS THEM IN A MANNER THAT ENHANCES THE UNDERSTANDING AND APPRECIATION OF ART. OMA ALSO HOLDS SEVERAL CONTINUOUS ART EXHIBITIONS TO ENHANCE THE MISSION. 657381 320902 EDUCATION PROGRAMS - THE OMA PRESENTS AWARD-WINNING ART ENRICHMENT PROGRAMS FOR CHILDREN, GALLERY TOURS, STUDIO CLASSES, AND OUTREACH SERVICES WHICH BENEFITED OVER 27,335 FLORIDA RESIDENTS AND VISITORS AT THE OMA AND THROUGH ITS OUTREACH SERVICES IN FISCAL YEAR 2021-2022. 361034 142220 MEMBER PROGRAMS - ART ENRICHMENT PROGRAMS ARE IMPLEMENTED BY THE STAFF AND 121 VOLUNTEERS, MANY OF WHOM ARE PART OF ITS MEMBERSHIP OF 6,972 MEMBERS. 32220 OTHER MISC INCOME AND LOSSES FROM OPERATION OF THE MUSEUM GIFT SHOP. 32220 3142440 1 1 0 0 0 0 0 1 0 1 1 0 0 1 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 49 0 52 1 0 0 0 0 0 0 0 0 0 0 X 29 29 0 0 1 0 1 1 1 1 1 1 0 1 1 1 1 1 1 0 0 0 X JOANN WALFISH 4078964231 2416 N MILLS AVENUE ORLANDO FL 32803 CYNTHIA BRUMBACK CHAIR 1.00 X X 0 0 0 CAROLYN FENNELL VICE PRESIDENT 0.10 X X 0 0 0 ROBERT SUMMERS VICE PRESIDENT 0.10 X X 0 0 0 TED R BROWN VICE PRESIDENT 0.10 X X 0 0 0 MICHAEL WINN CORPORATE SECRETARY 0.10 X X 0 0 0 PATRICK KNIPE TREASURER 0.75 X X 0 0 0 ANDREW SNYDER SECRETARY 0.10 X X 0 0 0 ALLISON CHOATE TRUSTEE 0.10 X 0 0 0 AMELIA MCLEOD TRUSTEE 0.10 X 0 0 0 CHASE HEAVENER TRUSTEE 0.10 X 0 0 0 DAISY STANISZKIS TRUSTEE 0.10 X 0 0 0 DUSTIN BECKER TRUSTEE 0.10 X 0 0 0 EARL CRITTENDEN TRUSTEE 0.10 X 0 0 0 ELIZABETH FRANCETIC EX-OFFICIO TRUSTEE 0.50 X 0 0 0 FRANCINE NEWBERG TRUSTEE 0.50 X 0 0 0 JENNIFER O'MARA TRUSTEE 0.10 X 0 0 0 JOAN N KENNEDY EX-OFFICIO TRUSTEE (THRU 04/30/22) 1.00 X 0 0 0 JOHN MARTINEZ TRUSTEE 0.10 X 0 0 0 JOSEPH VETTER TRUSTEE (THRU 02/01/22) 0.02 X 0 0 0 KATHY CARDWELL TRUSTEE 0.10 X 0 0 0 LANCE WALKER JR TRUSTEE 0.10 X 0 0 0 LESLIE ANDREAE EX-OFFICIO TRUSTEE 0.26 X 0 0 0 MARK ELLIOTT EX-OFFICIO TRUSTEE 0.26 X 0 0 0 NANCY WOLF TRUSTEE 0.10 X 0 0 0 PAUL PERKINS TRUSTEE 0.10 X 0 0 0 SHARI BARTZ TRUSTEE 0.10 X 0 0 0 SIBILLE HART PRITCHARD TRUSTEE 0.10 X 0 0 0 VALERIA ROBINSON-BAKER TRUSTEE 0.02 X 0 0 0 WILLIAM DEUCHELER TRUSTEE 0.10 X 0 0 0 WINIFRED SHARP TRUSTEE 0.10 X 0 0 0 ZAK ODHWANI TRUSTEE (THRU 12/2/22) 0.10 X 0 0 0 CAROLINE BLYDENBURGH TRUSTEE 0.10 X 0 0 0 DR AARON DE GROFT DIRECTOR & CEO (THRU 6/28/22) 40.00 X 194055 0 4351 194055 0 4351 1 0 1 0 ALLIED UNIVERSAL PO BOX 828854 PHILIDELPHIA PA 19182 SECURITY STAFFING 246872 AKERMAN LLP PO BOX 4906 ORLANDO FL 32802 LEGAL SERVICES 100913 2 392448 206834 644141 1052290 717086 55244 3012799 ADMISSIONS 900099 439637 439637 EDUCATION 611600 320902 320902 PROGRAMS 713990 142220 142220 902759 61520 61520 312022 198820 113202 113202 113202 242857 644141 237270 5587 5587 382853 354024 28829 28829 MISCELLANEOUS INCOME 900099 3391 3391 3391 4128087 934979 0 180309 253727 83730 86267 83730 1231050 763127 412527 55396 107962 57554 34003 16405 105494 61534 33871 10089 128990 128990 28866 28866 196306 184136 4818 7352 193934 193934 69337 61537 3978 3822 383979 359400 16386 8193 96071 49716 41105 5250 361994 338919 15383 7692 167778 162024 5754 PROGRAM EXPENSES 463177 463177 SECURITY GUARDS 220360 220360 SUPPLIES AND MATERIALS 141230 88295 48936 3999 133469 54997 72715 5757 4283724 3142440 933599 207685 450104 429386 103200 136456 28698 117376 36544 49361 40891 59016 18378452 11382133 7366895 6996319 5264463 4543808 2352302 2102008 15643097 14433730 118604 255505 200133 250089 246491 565228 505594 X 6600475 5750193 8477394 8177943 15077869 13928136 15643097 14433730 -155637 -994096 0 X 0 1 X 1 0 X 1807900 2170986 2189599 2382177 3012799 11563461 720776 814507 532994 637266 1285612 3991155 2528676 2985493 2722593 3019443 4298411 15554616 155865 155865 0 155865 155865 15398751 523846 460906 337509 135845 373542 1831648 523846 460906 337509 135845 373542 1831648 5975 3869 1964 4398 3391 19597 3058497 3450268 3062066 3159686 4675344 17405861 0.88470 0.84680 0.10520 0.11920 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2017 AMOUNT: $ 5,975. 2018 AMOUNT: $ 3,869. 2019 AMOUNT: $ 1,964. 2020 AMOUNT: $ 4,398. 2021 AMOUNT: $ 3,391. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12310 X X X X 1 5264463 154500 -656311 192527 26317 4543808 4657859 5000 977429 351001 24824 5264463 5165629 4100 -159345 352525 4657859 5375937 6500 84969 275173 26604 5165629 5345315 5500 304948 250648 29178 5375937 0.33660 0.66340 0.00000 0 0 2536638 2536638 13027013 9320975 3706038 455722 340545 115177 2346769 1720613 626156 12310 12310 6996319 BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 2102008 2102008 4310083 -994096 385978 790114 181996 4128087 0 4128087 5459816 385978 790114 1176092 4283724 0 4283724 PART III, LINE 4: THE ORGANIZATION'S PERMANENT COLLECTION INCLUDES AMERICAN ART, ART OF THE ANCIENT AMERICAS, AND AFRICAN ART; THIS COLLECTION ADDRESSES THE OMA'S GOAL TO ACQUIRE UNIQUE, CULTURALLY DIVERSE AND INTERNATIONALLY RECOGNIZED COLLECTIONS TO FURTHER ITS EXEMPT PURPOSE AS AN EDUCATIONAL INSTITUTION. PART V, LINE 4: GENERATE EARNINGS TO FUND OPERATIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES OF FUNDRAISING EVENTS 237,270. COST OF GOODS SOLD OF MUSEUM SHOP SALES 354,024. RENTAL EXPENSES 198,820. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES OF FUNDRAISING EVENTS 237,270. COST OF GOODS SOLD OF MUSEUM SHOP SALES 354,024. RENTAL EXPENSES 198,820. FESTIVAL OF TREES 590362 513060 77302 101910 ANTIQUE SHOW AND SALES 146950 112502 34448 52072 2 149686 18579 131107 83288 886998 644141 242857 237270 237270 5587 X X 0 0 0 0 0 0 0 0 0 DR AARON DE GROFT DIRECTOR & CEO (THRU 6/28/22) 194055 0 0 0 0 0 4351 0 0 0 198406 0 0 0 X 1 26095 ACTUAL TRADING PRICE X 8 20339 COMPARABLE SALES X EVENT SUPPLIES, DECORATIONS, GIFT CARDS FOR RESALE 14 8810 COMPARABLE SALES 0 1 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF THE OFFICERS OF THE CORPORATION, THE IMMEDIATE PAST CHAIR, CHAIRPERSONS OF STANDING COMMITTEES, AND THE EXECUTIVE DIRECTOR. THE EXECUTIVE COMMITTEE REVIEWS THE MANAGEMENT OF THE BUSINESS OF THE CORPORATION. THE EXECUTIVE COMMITTEE SHALL HAVE THE AUTHORITY OF THE BOARD OF TRUSTEES IN THE MANAGEMENT OF THE BUSINESS OF THE CORPORATION BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, WHEN SUCH ACTION IS NECESSARY AND IN THE BEST INTEREST OF THE CORPORATION (E.G., FOR THE FINANCIAL BENEFIT OF THE CORPORATION, TO ACHIEVE A BENEFIT FOR THE CORPORATION, TO AVOID A LOSS OR DISADVANTAGE TO THE CORPORATION, ETC.) THE EXECUTIVE COMMITTEE SHALL KEEP MINUTES OF ITS PROCEEDINGS. THE MINUTES OF MEETINGS WHERE ACTION WAS TAKEN BY THIS COMMITTEE - BETWEEN THE MEETINGS OF THE BOARD OF TRUSTEES - MUST BE TRANSMITTED TO THE BOARD OF TRUSTEES WITHIN 72 HOURS OF SUCH MEETINGS. THE EXECUTIVE COMMITTEE SHALL REPORT ITS ACTIVITIES TO THE BOARD OF TRUSTEES ON A REGULAR AND ONGOING BASIS. FORM 990, PART VI, SECTION A, LINE 4 THE BY-LAWS OF THE ORGANIZATION WAS REVISED AND APPROVED BY THE BOARD IN APRIL 2022. 1. THE MISSION AND PURPOSE OF THE ORGANIZATION WERE ADDED IN THE BY-LAWS: MISSION. THE MISSION OF THE ORLANDO MUSEUM OF ART IS TO INTERPRET AND PRESENT ART FOR A DIVERSE PUBLIC AUDIENCE; TO POSITIVELY AFFECT PEOPLE'S LIVES WITH INCLUSIVE, INNOVATIVE, AND INSPIRING EDUCATIONAL PROGRAMMING WHICH WILL ENDURE AS A CULTURAL LEGACY IN CENTRAL FLORIDA; AND TO STIMULATE CREATIVITY, PASSION, AND INTELLECTUAL CURIOSITY BY CONNECTING PEOPLE FROM ALL BACKGROUNDS AND EXPERIENCES WITH COMPELLING ART AND NEW IDEAS. PURPOSE. THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, MORE SPECIFICALLY TO COLLECTING, PRESERVING, AND INTERPRETING NOTABLE WORKS OF ART; PRESENTING EXHIBITIONS OF LOCAL, REGIONAL, NATIONAL, AND INTERNATIONAL SIGNIFICANCE; DEVELOPING FIRST-RATE EDUCATIONAL PROGRAMS; AND PRESENTING CREATIVE AND INCLUSIVE PROGRAMS TO REACH EVERY SEGMENT OF A DIVERSE COMMUNITY. 2. THE ROLES OF THE TRUSTEES WERE CHANGED TO: RESPONSIBILITIES OF TRUSTEES. THE BOARD OF TRUSTEES SHALL BE RESPONSIBLE FOR GOVERNING THE CORPORATION, INCLUDING ENSURING ADEQUATE FINANCIAL RESOURCES, SOUND FISCAL MANAGEMENT AND SELECTING AND SUPERVISING THE EXECUTIVE DIRECTOR. ALL MEMBERS OF THE BOARD OF TRUSTEES ARE RESPONSIBLE TO ABIDE BY THESE BYLAWS AND ALL APPLICABLE POLICIES, DUTIES, AND OBLIGATIONS. 3. NUMBER OF TRUSTEES WERE CHANGED TO COMPOSITION OF THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES SHALL CONSIST OF: (A) MEMBERS WHO ARE ELECTED BY THE BOARD OF TRUSTEES; (B) THE PRESIDENT OF EACH OF THE MUSEUM COUNCILS (SEE ARTICLE X) INCLUDING COUNCIL OF 101, VOLUNTEER COUNCIL, THE ASSOCIATES, FRIENDS OF AMERICAN ART, AND ACQUISITION TRUST; AND (C) THE EXECUTIVE DIRECTOR, WHO SHALL SERVE EX-OFFICIO, WITH A VOICE BUT WITHOUT VOTE, ON THE BOARD OF TRUSTEES AND TRUSTEE COMMITTEES AND SHALL NOT BE COUNTED FOR PURPOSES OF DETERMINING A QUORUM. 4. THE QUORUM WAS CHANGED TO: QUORUM. THE PRESENCE OF A MAJORITY OF THE ENTIRE BOARD OF TRUSTEES SHALL BE A QUORUM FOR THE PURPOSE OF TRANSACTING BUSINESS AT ANY BOARD OF TRUSTEES MEETING. EXCEPT WHERE OTHERWISE STATED (ARTICLES XII AND XIII), THE ACTION OF A MAJORITY OF THE BOARD OF TRUSTEES PRESENT AT A PROPERLY CONSTITUTED MEETING AT WHICH A QUORUM IS PRESENT SHALL BE THE ACTION OF THE BOARD OF TRUSTEES. ACTION OF THE BOARD OF TRUSTEES IS ALSO EFFECTIVE UPON WRITTEN, UNANIMOUS CONSENT, WITHOUT A MEETING, OR AS OTHERWISE SPECIFIED BY LAW. 5. THE ARTICLE VII - OFFICERS WAS CHANGED TO DESIGNATION OF OFFICERS. THE OFFICERS OF THIS CORPORATION SHALL BE THE CHAIR, ONE (1) OR MORE VICE CHAIR(S), A SECRETARY, AND A TREASURER. ALL OFFICERS MUST BE MEMBERS OF THE BOARD OF TRUSTEES. ELECTION OF OFFICERS. EACH OF THE OFFICERS OF THE CORPORATION SHALL BE ELECTED BY A MAJORITY VOTE OF THOSE TRUSTEES PRESENT AND ENTITLED TO VOTE AT THE ANNUAL MEETING OF THE BOARD OF TRUSTEES FROM ANY OF THE MEMBERS OF THE BOARD OF TRUSTEES. THE COMMITTEE ON TRUSTEES SHALL PRESENT TO THE BOARD OF TRUSTEES A SLATE OF PROPOSED OFFICERS WHO HAVE AGREED IN ADVANCE TO SERVE IF ELECTED. ADDITIONAL NOMINATIONS OF PERSONS WHO HAVE AGREED IN ADVANCE TO SERVE AND WHO ARE MEMBERS OF THE BOARD OF TRUSTEES MAY BE MADE FROM THE FLOOR. ANY VACANCY IN ANY OFFICE, WHETHER AS A RESULT OF THE CREATION OF A NEW OFFICE OR AS A RESULT OF DEATH, DISABILITY, RESIGNATION OR OTHERWISE, SHALL BE FILLED UNTIL THE NEXT ANNUAL ELECTION OF OFFICERS FROM THE RECOMMENDATIONS OF THE COMMITTEE ON TRUSTEES OR NOMINATIONS FROM THE FLOOR BY ELECTION OF A MAJORITY OF THE BOARD OF TRUSTEES PRESENT AT A REGULAR OR SPECIAL MEETING. THE CHAIR, UPON EXPIRATION OF HIS/HER TERM, SHALL BECOME THE IMMEDIATE PAST CHAIR OF THE BOARD OF TRUSTEES. TERM OF OFFICE. THE TERM OF OFFICE OF EACH OF THE OFFICERS SHALL BE ONE YEAR, AND AN OFFICER SHALL BE ELIGIBLE FOR REELECTION AT THE END OF HIS OR HER TERM. THE TERM OF OFFICE OF THE CHAIR SHALL BE FOR TWO YEARS, WITH A MAXIMUM OF TWO CONSECUTIVE TERMS. THE CHAIR. THE CHAIR SHALL PRESIDE AT ALL MEETINGS OF THE BOARD OF TRUSTEES AND EXECUTIVE COMMITTEE. THE CHAIR SHALL EXERCISE GENERAL SUPERVISION OVER THE AFFAIRS OF THE CORPORATION AND SHALL BE AN EX-OFFICIO MEMBER OF ALL COMMITTEES OF THE BOARD OF TRUSTEES. THE CHAIR SHALL APPOINT THE CHAIRPERSONS OF ALL COMMITTEES OF THE BOARD OF TRUSTEES. VICE CHAIR. A VICE CHAIR SHALL PERFORM SUCH DUTIES AS ARE ASSIGNED BY THE CHAIR. THE MOST SENIOR VICE CHAIR (MOST YEARS OF CURRENT SERVICE ON THE BOARD OF TRUSTEES) SHALL PERFORM THE DUTIES OF THE CHAIR IN THE CHAIR'S ABSENCE. SECRETARY. THE SECRETARY SHALL KEEP OR CAUSE TO BE KEPT AT THE OFFICE OF THE CORPORATION MINUTES OF ALL MEETINGS OF THE BOARD OF TRUSTEES AND ITS VARIOUS COMMITTEES, RECORDING THE TIME AND PLACE OF HOLDING, WHETHER REGULAR OR SPECIAL, HOW CALLED, HOW NOTICE WAS GIVEN, THE NAMES OF THOSE PRESENT OR REPRESENTED AT THE MEETING, AND THE PROCEEDINGS OF SUCH MEETINGS. THE SECRETARY SHALL ALSO PERFORM ALL DUTIES ORDINARILY INCIDENT TO THE OFFICE OF A SECRETARY OF A CORPORATION AND SUCH OTHER DUTIES AS MAY BE REQUIRED BY LAW. TREASURER. THE TREASURER SERVES AS FINANCIAL OFFICER OF THE CORPORATION AND CHAIRPERSON OF THE FINANCE AND AUDIT COMMITTEE. THE TREASURER, WITH THE FINANCE AND AUDIT COMMITTEE, MANAGES THE FINANCIAL REPORTS OF THE CORPORATION. THE TREASURER WORKS WITH THE EXECUTIVE DIRECTOR TO ENSURE THAT APPROPRIATE FINANCIAL REPORTS ARE MADE AVAILABLE TO THE BOARD OF TRUSTEES ON A TIMELY BASIS, ENSURES THAT FINANCIAL POLICIES AND PROCEDURES ARE FOLLOWED, ASSISTS IN PREPARING THE PROPOSED ANNUAL BUDGET, AND PRESENTS THE BUDGET TO THE BOARD OF TRUSTEES FOR APPROVAL. THE TREASURER REPORTS THE FINDINGS OF THE ANNUAL AUDIT TO THE BOARD OF TRUSTEES. 6. THE DUTIES OF THE EXECUTIVE DIRECTORS WERE CHANGED TO DUTIES. THE CORPORATION SHALL EMPLOY A FULL-TIME EXECUTIVE DIRECTOR, WHO SHALL BE THE PROFESSIONAL ADMINISTRATOR OF THE CORPORATION'S AFFAIRS AND IMPLEMENT THE POLICIES AND DIRECTIVES OF THE BOARD OF TRUSTEES. THE EXECUTIVE DIRECTOR SHALL BE THE CHIEF EXECUTIVE OFFICER OF THE CORPORATION. THE EXECUTIVE DIRECTOR SHALL HAVE SUCH DUTIES AS SHALL BE ASSIGNED BY THE BOARD OF TRUSTEES IN ACCORDANCE WITH ITS POLICIES AND IN ACCORDANCE WITH ANY EMPLOYMENT CONTRACT BETWEEN THE CORPORATION AND THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION A, LINE 6 DUES PAYING AT VARIOUS LEVELS OF MEMBERSHIP; MEMBERS VOTE ON WHO SERVES ON THE BOARD. FORM 990, PART VI, SECTION A, LINE 7A ANYONE INTERESTED IN THE PRACTICE, ENJOYMENT AND PROMOTION OF THE VISUAL ARTS SHALL BE ELIGIBLE FOR MEMBERSHIP AND MAY BECOME A MEMBER UPON PAYMENT OF APPROPRIATE DUES. MEMBERS ELECT THE TRUSTEES AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS APPROVE CHANGES IN THE ARTICLES OF INCORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT 990 IS MADE AVAILABLE TO THE MUSEUM'S FINANCE & ADMINISTRATION COMMITTEE. THE COMMITTEE REVIEWS THE 990 AND MEETS SPECIFICALLY TO GO OVER THE FORM FOR ANY CHANGES THAT MIGHT BE NECESSARY BEFORE APPROVING IT FOR DISTRIBUTION TO THE ENTIRE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES HAS TIME TO REVIEW THE FORM 990 AND SUGGEST CHANGES BEFORE ACCEPTING AND APPROVING A MOTION FROM THE FINANCE & ADMINISTRATION COMMITTEE TO FILE THE FORM 990 AS PRESENTED. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST ARISES WHENEVER A TRUSTEE, COMMITTEE MEMEBER, EMPLOYEE OR VOLUNTEER ENGAGES IN AN ACTIVITY IN WHICH HIS/HER PERSONAL GAIN OR PRIVATE INTERESTS COMPETE WITH THOSE OF THE ESTABLISHED PURPOSE OF THE OMA. A CONFLICT OF INTEREST CAN ARISE WHEN AN OMA TRUSTEE, EMPLOYEE OR VOLUNTEER USES HIS/HER POSITION, STATUS OR PREVILEGED "INSIDE INFORMATION" TO OBTAIN A COMPETITIVE ADVANTAGE OVER OTHERS, FOR PERSONAL GAIN, OR IN COMPETITION WITH THE OMA ITSELF. A TRUSTEE'S, EMPLOYEE'S OR VOLUNTEER'S ASSOCIATION WITH THE OMA MAY NOT BE USED AS A SPRINGBOARD FOR ADDITIONAL PERSONAL GAIN THAT WOULD NOT BE AVAILABLE EXCEPT FOR THE TRUSTEE'S, EMPLOYEE'S OR VOLUNEER'S CONNECTION WITH THE OMA. THE BOARD OF TRUSTEES WILL REVIEW, DETERMINE AND DECIDE ON ANY ISSUES OR QUESTIONS THAT MAY ARISE UNDER THE OMA'S CODE OF ETHICS INCLUDING MATTERS RELATING TO ANY CONFLICTS OF INTEREST. THE TRUSTEESHIP COMMITTEE WILL REPORT FROM TIME TO TIME TO THE BOARD OF TRUSTEES AS TO MATTERS BROUGHT BEFORE IT CONCERNING THIS CODE. IF ANY MATTER COMING BEFORE THE BOARD, ANY OTHER COMMITTEE, EMPLOYEE OR VOLUNTEER CONSTITUTES FOR ANY TRUSTEE, COMMITTEE MEMEBER, EMPLOYEE OR VOLUNTEER A CONFLICT OF INTEREST, THE TRUSTEE, COMMITEE MEMEBER, EMPLOYEE OR VOLUNTEER SHALL IMMEDIATELY ADVISE THE FULL BOARD OR COMMITTEE OF SAID CONFLICT OF INTEREST AND SHALL ABSTAIN FROM VOTING ON SAID MATTER, IF APPLICABLE. UNLESS REQUESTED, SAID TRUSTEE, COMMITTEE MEMEBER, EMPLOYEE OR VOLUNTEER SHALL NOT BE PRESENT FOR ANY DISCUSSION OR VOTING ON SAID MATTER. THE MINUTES OF SAID MEETING SHALL REFLECT SAID MATTTER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.