2022-05-16T07:51:00-05:00 2021-06-30 420714325 RSM US LLP 100 INTERNATIONAL DRIVE SUITE 1400 BALTIMORE MD 21202 990 2020-07-01 526000162 BALTIMORE MUSEUM OF ART BALT 4435731839 10 ART MUSEUM DRIVE BALTIMORE MD 21218 CHRISTINE DIETZE BONANNO CHIEF OPERATING OFFICER 4435731839 2022-05-13 1 CHRISTINE DIETZE BONANNO 999009999 JULIA FLANNERY CPA P00928918 4102469300 2022-05-13 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z CHRISTOPHER BEDFORD 10 ART MUSEUM DRIVE BALTIMORE MD 21218 51701489 0 X WWW.ARTBMA.ORG X 1914 MD THE BALTIMORE MUSEUM OF ART CONNECTS ART TO BALTIMORE AND BALTIMORE TO THE WORLD, (SEE SCH. O) EMBODYING A COMMITMENT TO ARTISTIC EXCELLENCE AND SOCIAL EQUITY IN EVERY DECISION FROM ART PRESENTATION, INTERPRETATION, AND COLLECTING, TO THE COMPOSITION OF OUR BOARD OF TRUSTEES, STAFF, AND VOLUNTEERS - CREATING A MUSEUM WELCOMING TO ALL. 40 40 226 64 77608 0 22122483 17446054 687766 811491 8324453 10017985 138227 -107960 31272929 28167570 0 0 0 0 9965833 10522186 0 0 876138 8466516 12285595 18432349 22807781 12840580 5359789 169284027 215822253 7673661 6106297 161610366 209715956 X THE BALTIMORE MUSEUM OF ART CONNECTS ART TO BALTIMORE AND BALTIMORE TO THE WORLD, EMBODYING A COMMITMENT TO ARTISTIC EXCELLENCE AND SOCIAL EQUITY IN EVERY DECISION FROM ART PRESENTATION, INTERPRETATION, AND COLLECTING, TO THE COMPOSITION OF OUR BOARD OF TRUSTEES, STAFF, AND VOLUNTEERS - CREATING A MUSEUM WELCOMING TO ALL. 0 0 11538719 810141 COLLECTION CARE & EXHIBITIONSTHE BALTIMORE MUSEUM OF ART (BMA) CARES FOR AND INTERPRETS A COLLECTION OF OVER 95,000 WORKS OF ART, CAREFULLY MONITORING ITS STORAGE, PRESERVATION, DOCUMENTATION, AND EXHIBITION. IN FY21 THE BMA CONTINUED AN ACTIVE EXPANSION OF ITS EXHIBITIONS AND PROGRAMS GEARED TOWARDS INCREASING DIVERSITY, ACCESS AND INCLUSION WITH ITS AUDIENCE IN BALTIMORE, MARYLAND AND BEYOND. THE MUSEUM'S EXHIBITION OFFERINGS CENTERED ON THE EXPANSION AND CONTINUATION OF OUR CORE THEMES, INCLUDING THE SECOND INSTALLMENT OF 2020 VISION - WHICH SHOWCASED WOMEN ARTISTS TO CELEBRATE THE 100TH ANNIVERSARY OF WOMEN'S SUFFRAGE, AS WELL AS CANDICE BREITZ: TOO LONG, DIDN'T READ - A MULTI-CHANNEL VIDEO EXHIBITION THAT REFLECTS ON PRIVILEGE AND VISIBILITY. IN ADDITION, WE PRESENTED A PERFECT POWER: MOTHERHOOD AND AFRICAN ART, AN EXHIBITION THAT DEMONSTRATED HOW ARTISTS HAVE REPRESENTED THE POWER OF AFRICAN MOTHERS AND USED MATERNAL IMAGERY TO SIGNAL MORAL, CULTURAL, AND SPIRITUAL AUTHORITY.CONTEMPORARY WING2020 VISIONSHARON LOCKHART: PERILOUS LIFE, TSHABALALA SELF: BY MY SELF, LISA YUSKAVAGE: WILDERNESS; SHAN WALLACE: 410, KATHARINA GROSSE: IS IT YOU?MARCH 28, 2021 - SEPTEMBER 19, 2021JO SMAIL: FLYING WITH REMNANT WINGS MARCH 1, 2020 - JANUARY 3, 2021 THALHEIMER GALLERIESCANDICE BREITZ: TOO LONG, DIDN'T READ MARCH 15, 2020 - JANUARY 10, 2021 MAY GALLERIESA PERFECT POWER: MOTHERHOOD AND AFRICAN ART SEPTEMBER 30, 2020 -MARCH 7, 2021NOW IS THE TIME: RECENT ACQUISITIONS TO THE CONTEMPORARY COLLECTIONMAY 5, 2021 - JULY 18, 2021 EAST LOBBY INSTALLATIONTHE MEYERHOFF-BECKER BIENNIAL COMMISSION: MICKALENE THOMAS: A MOMENT'S PLEASURE NOVEMBER 24, 2019 - MAY 2022 OUT OF ACTIONS GALLERYSTRIPES AND STARS: RECLAIMING LAKOTA INDEPENDENCEOCTOBER 11, 2020 - MARCH 28, 2021BERMAN TEXTILE GALLERYSHE KNEW WHERE SHE WAS GOING: GEE'S BEND QUILTS AND CIVIL RIGHTSMARCH 10, 2021 -SEPTEMBER 12, 2021CONE FOCUSADELYN BREESKIN: CURATING A LEGACYOCTOBER 7, 2020 - OCTOBER 31, 2021OUTDOOR ACTIVATIONSHAN WALLACE: THE AVENUEDECEMBER 16, 2020 -JANUARY 9, 2022JACOBS GALLERIESSHINIQUE SMITH: GRACE STANDS BESIDEMARCH 15, 2020 -JANUARY 1, 2021STEPHANIE SYJUCO: VANISHING POINT (OVERLAY)FEBRUARY 17, 2021 - MAY 16, 2021 EXCEPT FOR CANDICE BREITZ: TOO LONG, DIDN'T READ ALL OF THE EXHIBITIONS LISTED ABOVE WERE PRESENTED FREE TO THE PUBLIC. 4784036 BUILDING & GROUNDSOPENED IN 1929 AS A SINGLE BUILDING ADJACENT TO THE CAMPUS OF THE JOHNS HOPKINS UNIVERSITY, THE BMA NOW COMPRISES 10 CONTIGUOUS BUILDINGS AND WINGS (210,000 SQ. FT.), ONE HISTORIC STRUCTURE, AND TWO OUTDOOR SCULPTURE GARDENS (3 ACRES). THE MUSEUM WORKS DILIGENTLY TO MAINTAIN AND PRESERVE OUR BUILDING ENVELOPE TO PROTECT ITS PRICELESS COLLECTION. THE MECHANICAL AND ELECTRICAL SYSTEMS WHICH RECEIVED SIGNIFICANT UPGRADES DURING MULTIPLE RENOVATIONS ARE NOW ACHIEVING IMPORTANT ECONOMIES IN ENERGY MANAGEMENT. THE BMA'S ENGINEERING STAFF FOLLOWED A DETAILED SCHEDULE OF PREVENTATIVE MAINTENANCE TO ENSURE THE LONGEVITY OF THESE SYSTEMS. SECURITY WAS ASSURED THROUGH A TRAINED SECURITY FORCE, UP-TO-DATE SECURITY POLICIES AND PROCEDURES, EFFECTIVE INTEGRATION OF ELECTRONIC SYSTEMS, AND CROSS-DEPARTMENTAL RESPONSES TO INCIDENTS INVOLVING VISITORS AND/OR ART WORKS. THE FACILITY IS STAFFED ON A 24-HOUR BASIS, AND AN EMERGENCY CONTACT LIST IS MAINTAINED. THE BMA HAS A FULLY OPERATIONAL FIRE DETECTION SYSTEM. THE BMA'S EMERGENCY PLAN IDENTIFIES APPROPRIATE RESPONSES TO PROBLEMS AND ASSIGNS AREAS OFRESPONSIBILITY TO SPECIFIC STAFF MEMBERS. FIRE AND EVACUATION PROCEDURES ARE CLEARLY OUTLINED AND REVIEWED WITH ALL STAFF. THE BMA IS EQUIPPED WITH AN EMERGENCY GENERATOR CAPABLE OF OPERATING CONTINUOUSLY FOR FIVE DAYS, FOR EMERGENCY CIRCUITS ONLY. 3170332 1350 EDUCATION & INTERPRETATIONEDUCATION AND PUBLIC PROGRAMS SERVED OVER 91,231 MEMBERS, VISITORS, STUDENTS, AND TEACHERS IN THE MUSEUM, AS WELL AS TEACHERS AND COMMUNITY RESIDENTS THROUGHOUT THE REGION. AMONG THE PROGRAMS THEY PARTICIPATED IN WERE CLOSE ENCOUNTERS STUDENT TOURS, ARTIST TALKS, AND SCHOLARLY PANELS. VISITORS ALSO UTILIZED ONLINE GALLERY RESOURCES SUCH AS GOMOBILE TOURS. OFFSITE ENGAGEMENT INCLUDED 549 ART KITS DISTRIBUTED AT THE BMA LEXINGTON MARKET LOCATION AND ART-TO-GO ACTIVITIES DISTRIBUTED BY EMAIL TO 3,360 TEACHERS AROUND THE WORLD, WITH A PROJECTED IMPACT ON 18,871 STUDENTS. AN ADDITIONAL 197 ART KITS WERE DISTRIBUTED ONSITE. AFTER MARCH, THE EDUCATION & INTERPRETATION DIVISION IMMEDIATELY TURNED ITS ATTENTION TO SERVING AUDIENCES REMOTELY. A TOTAL NUMBER OF 40,676 VIRTUAL VISITORS WERE SERVED THROUGH ONLINE TOUR PROGRAMS LIKE ART BREAK LIVE (9,189 VIEWS), ONLINE TALKS, LIKE BMA VIOLET HOUR (2,572 VIEWS), AND ARTIST INTERVIEWS, LIKE A CLOSER LOOK (18,013 VIEWS). FAMILIES WERE ENGAGED THROUGH THE FREE FAMILY SUNDAYS AT HOME ARTMAKING RESOURCE (294 TOTAL ART KITS DISTRIBUTED). THE BMA SERVED AS A RESOURCE FOR COLLEGE AND UNIVERSITY TEACHING AT INSTITUTIONS IN THE BALTIMORE-WASHINGTON METROPOLITAN AREA, WHERE THERE ARE 200,000 COLLEGE AND UNIVERSITY STUDENTS. MARKETING AND COMMUNICATIONS STAFF PROMOTED THESE BMA EXHIBITIONS, PUBLICATIONS, AND EDUCATIONAL PROGRAMS TO A WIDE AUDIENCE THROUGH THE BMA WEBSITE WWW.ARTBMA.ORG AS WELL AS PRINT, ELECTRONIC, AND SOCIAL MEDIA. 19493087 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 118 0 1 226 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 40 40 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X CHRISTINE DIETZE BONANNO 4435731839 10 ART MUSEUM DRIVE BALTIMORE MD 21218 CLAIR ZAMOISKI SEGAL BOARD CHAIR 1.00 X X 0 0 0 JAMES D THORNTON VICE CHAIR 1.00 X X 0 0 0 SUSAN B KATZENBERG VICE CHAIR & TREASURER 1.00 X X 0 0 0 PATRICIA H JOSEPH VICE CHAIR 1.00 X X 0 0 0 FREDERICK SINGLEY KOONTZ IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 KWAME WEBB SECRETARY 1.00 X X 0 0 0 RHONDA OVERBY ASSISTANT SECRETARY 1.00 X X 0 0 0 STEVEN PULIMOOD ASSISTANT SECRETARY 1.00 X X 0 0 0 AMY ELIAS VICE PRESIDENT 1.00 X X 0 0 0 DAVID WARNOCK VICE PRESIDENT 1.00 X X 0 0 0 AMY FRENKIL MEADOWS VICE PRESIDENT 1.00 X X 0 0 0 NANCY DORMAN VICE PRESIDENT 1.00 X X 0 0 0 WILL BACKSTROM TRUSTEE 1.00 X 0 0 0 RHEDA BECKER TRUSTEE 1.00 X 0 0 0 ANN ALLSTON BOYCE TRUSTEE 1.00 X 0 0 0 ADAM BURCH TRUSTEE 1.00 X 0 0 0 SHARON BUTLER TRUSTEE 1.00 X 0 0 0 ELLEN R DAME TRUSTEE 1.00 X 0 0 0 DENISE GALAMBOS TRUSTEE 1.00 X 0 0 0 JOHN A GILPIN TRUSTEE 1.00 X 0 0 0 JOANNE GOLD TRUSTEE 1.00 X 0 0 0 AMY GOULD TRUSTEE 1.00 X 0 0 0 DARIUS GRAHAM TRUSTEE 1.00 X 0 0 0 NANCY HACKERMAN TRUSTEE 1.00 X 0 0 0 PAMELA HOEHN-SARIC TRUSTEE 1.00 X 0 0 0 ELIZABETH HURWITZ TRUSTEE 1.00 X 0 0 0 SHERRILYN IFILL TRUSTEE 1.00 X 0 0 0 LISA HARRIS JONES TRUSTEE 1.00 X 0 0 0 BARBARA KATZ TRUSTEE 1.00 X 0 0 0 PATRICIA LASHER TRUSTEE 1.00 X 0 0 0 BROOKE LIERMAN TRUSTEE 1.00 X 0 0 0 JENNIFER O'HARA MARTIN TRUSTEE 1.00 X 0 0 0 JOHN MEYERHOFF TRUSTEE 1.00 X 0 0 0 SHEELA MURTHY TRUSTEE 1.00 X 0 0 0 MICHAEL ROSENBAUM TRUSTEE 1.00 X 0 0 0 KATE SCHULZE TRUSTEE 1.00 X 0 0 0 ALAN SCHWARTZ TRUSTEE 1.00 X 0 0 0 MICHAEL SHERMAN TRUSTEE 1.00 X 0 0 0 STUART O SIMMS TRUSTEE 1.00 X 0 0 0 DAVID W WALLACE TRUSTEE 1.00 X 0 0 0 CHRISTOPHER BEDFORD STAFF CHIEF EXECUTIVE OFFICER 40.00 X 462645 0 21752 CHRISTINE DIETZE BONANNO STAFF CHIEF OPERATING OFFICER 40.00 X 202392 0 32629 MELANIE MARTIN STAFF CHIEF INNOVATION OFFICER 40.00 X 149279 0 19059 GAMYNNE GUILLOTTE STAFF CHIEF EDUCATION OFFICER 40.00 X 141236 0 24853 ASMA NAEEM STAFF CHIEF CURATOR 40.00 X 148832 0 1540 ELIZABETH COURTEMANCHE STAFF SR DIR OF ADVANCEMENT 40.00 X 119384 0 24394 KIM BOUNTRESS STAFF DIRETOR OF HUMAN RESOURCES 40.00 X 103735 0 22168 1327503 0 146395 8 0 1 0 THE WHITING-TURNER CONTRACTING COMPANY C/O MICHAEL MYERS 300 E JOPPA ROA BALTIMORE MD 212863048 CONSTRUCTION 569119 QUINN EVANS ARCHITECTS DEPT 7083 PO BOX 33661 DETROIT MI 482325661 ARCHITECTS 468348 MARYLAND MECHANICAL SYSTEMS 300 SOUTH HAVEN ST BALTIMORE MD 21224 MECHANICAL CONTRACTING 421013 BONSAI FINE ARTS INC 509 MCCORMICK DR SUITE O GLEN BURNIE MD 21061 ART STORAGE 333752 CROZIER FINE ARTS INC PO BOX 21089 NEW YORK NY 100871089 ART STORAGE 195855 6 464808 9558244 7423002 1594533 17446054 TRAVELING EXHIBITS 900099 783138 783138 PROGRAM REVENUE 900099 28353 28353 811491 2978589 44151 2934438 131997 0 131997 131997 131997 29966825 22927429 7039396 7039396 7039396 302292 606490 -304198 33457 -337655 PARKING REVENUE 900099 54241 54241 DEACCESSIONS 900099 10000 10000 64241 28167570 811491 77608 9832417 650999 250333 250333 150333 7706393 6284976 982128 439289 47695 35235 6863 5597 1497484 1225451 193654 78379 619615 507785 68354 43476 96925 81143 15782 94598 71061 23537 55250 55250 30120 30120 327110 327110 253074 221401 31673 493317 380266 50311 62740 147409 147409 1072275 1072275 10593 5426 5167 43400 8843 31921 2636 87715 44606 43109 424323 319629 74846 29848 202782 202782 ACCESSIONS 6026337 6026337 EXHIBITION & COLLECTION 2494690 2494690 EDUCATION & ARTISTIC PR 189645 189645 236032 126576 77289 32167 22807781 19493087 2438556 876138 2580499 6443465 4314897 3980226 12245045 5704750 98468 977597 396053 374534 15704137 4054209 5599741 11649928 49755029 61611726 92202412 123872600 2091883 1207427 169284027 215822253 1501336 3730381 722724 178554 3164652 2284949 2197362 7673661 6106297 X 21322817 27716197 140287549 181999759 161610366 209715956 169284027 215822253 5359789 42745801 0 X 0 1 X 1 1 1 X 13345953 18953135 19952994 22122483 17446054 91820619 13345953 18953135 19952994 22122483 17446054 91820619 9000909 82819710 2177321 2651638 3807669 3928047 3110586 15675261 197837 10188685 6353706 159704 64241 16964173 124460053 8014251 0.66540 0.65380 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 20 0 1 30100 30120 0 PART II-B, LINE 1: IN FY21, MUSEUM STAFF, VOLUNTEERS, AND A PAID LOBBYIST COMMUNICATED WITH STATE AND LOCAL ELECTED OFFICIALS AND EMPLOYEES REGARDING AN UPCOMING RENOVATION PROJECTS IN NEED OF SUPPORT. THE MUSEUM ALSO DISCUSSED SUPPORT OF THE ANNUAL ALLOCATION TO THE MARYLAND STATE ARTS COUNCIL (MSAC). MSAC IS A STATE AGENCY THAT MAKES GRANTS TO CULTURAL NONPROFITS ORGANIZATIONS IN MARYLAND, INCLUDING THE BMA. THIS COMMUNICATION INCLUDED WRITING LETTERS AND EMAILS TO SPECIFIC OFFICIALS AND EMPLOYEES, TELEPHONE CALLS AND MEETINGS WITH SPECIFIC OFFICIALS AND EMPLOYEES, AND TRAVELING TO ANNAPOLIS TO PARTICIPATE IN MARYLAND ARTS DAY, AN ANNUAL RALLY IN SUPPORT OF ARTS FUNDING ORGANIZED BY MARYLAND CITIZENS FOR THE ARTS, A NONPROFIT ORGANIZATION. THE MARYLAND ARTS DAY EVENT WAS VIRTUAL IN FY21. X X X X 0 136321528 6066695 52132727 7791027 186729923 129522704 5663427 4541913 3406516 136321528 117597907 7242179 10088797 5406179 129522704 104735131 5890073 12661470 5688767 117597907 95340191 1240824 14944940 6790824 104735131 0.14060 0.85940 0 0 100000 100000 12637728 3283488 9354240 2966409 770721 2195688 11649928 HEDGE FUNDS OF FUNDS 16922 F PRIVATE EQUITY FUNDS 14929980 F VANGUARD INSTL INDEX FD (VINIX) 33703276 F VANGUARD REAL ESTATE INDEX FUND (VGSLX) 11483263 F VANGUARD RUSSELL 1000 GROWTH (VRGWX) INDEX FUND 16965201 F VANGUARD RUSSELL 1000 VALUE (VRVIX) INDEX FUND 19269373 F VANGUARD TOTAL INTERNATIONAL (VTSNX) STOCK INDEX FUND 27504585 F 123872600 PAYABLES UNDER SPLIT INTEREST AGREEMENT 943916 PAYCHECK PROTECTION PROGRAM PROMISSORY NOTE 1253446 2197362 X 71192751 42745801 42745801 28446950 327110 -606490 -279380 28167570 23087161 606490 606490 22480671 327110 327110 22807781 PART III, LINE 1A: THE MUSEUM'S PERMANENT COLLECTION CONSISTS OF OVER 95,000 OBJECTS. THE VALUE OF THE MUSEUM'S COLLECTION OF ART OBJECTS IS NOT CAPITALIZED AND HAS BEEN EXCLUDED FROM THE STATEMENTS OF FINANCIAL POSITION. CONTRIBUTED COLLECTION ITEMS ARE NOT RECOGNIZED AS CONTRIBUTION REVENUE. PURCHASES OF ART OBJECTS BY THE MUSEUM (ACCESSIONS) ARE FUNDED WITH NET ASSETS WITH DONOR RESTRICTIONS AND ARE RECORDED AS NONOPERATING DECREASES IN NET ASSETS IN THE STATEMENTS OF ACTIVITIES. SALES OF ART OBJECTS BY THE MUSEUM (DEACCESSIONS) ARE RECORDED AS NONOPERATING INCREASES IN NET ASSETS WITH DONOR RESTRICTIONS IN THE STATEMENTS OF ACTIVITIES. PART III, LINE 4: THE BALTIMORE MUSEUM OF ART CONNECTS ART TO BALTIMORE AND BALTIMORE TO THE WORLD, EMBODYING A COMMITMENT TO ARTISTIC EXCELLENCE AND SOCIAL EQUITY IN EVERY DECISION FROM ART PRESENTATION, INTERPRETATION, AND COLLECTING, TO THE COMPOSITION OF OUR BOARD OF TRUSTEES, STAFF, AND VOLUNTEERS - CREATING A MUSEUM WELCOMING TO ALL. PART V, LINE 4: UNDER THE MUSEUM'S POLICY, THE BOARD OF TRUSTEES ANNUALLY APPROVES A WITHDRAWAL RATE FOR THE INVESTMENT RETURN ON THESE FUNDS TO BE USED TO SUPPORT OPERATIONS. PART X, LINE 2: THE MUSEUM ADOPTED THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS POLICY, THE MUSEUM MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WOULD BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS EVALUATED THE MUSEUM'S TAX POSITIONS AND HAS CONCLUDED THAT THE MUSEUM HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH PROVISIONS OF THIS GUIDANCE. THE MUSEUM IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE JUNE 30, 2018. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASSIFICATION OF COST OF GOODS SOLD -606,490. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASSIFICATION OF COST OF GOODS SOLD 606,490. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 2772182 0 0 0 0 0 0 2772182 0 2772182 1 0 1 1 1 0 PART III ACCOUNTING METHOD: X X X X 0 0 0 0 0 0 0 1 0 CHRISTOPHER BEDFORD STAFF CHIEF EXECUTIVE OFFICER 421645 0 41000 0 0 0 0 0 21752 0 484397 0 0 0 CHRISTINE DIETZE BONANNO STAFF CHIEF OPERATING OFFICER 202392 0 0 0 0 0 13560 0 19069 0 235021 0 0 0 MELANIE MARTIN STAFF CHIEF INNOVATION OFFICER 149279 0 0 0 0 0 1000 0 18059 0 168338 0 0 0 GAMYNNE GUILLOTTE STAFF CHIEF EDUCATION OFFICER 141236 0 0 0 0 0 9478 0 15375 0 166089 0 0 0 ASMA NAEEM STAFF CHIEF CURATOR 148832 0 0 0 0 0 1000 0 540 0 150372 0 0 0 PART I, LINE 7 THE BONUS EARNED BY THE CEO DURING 2020 WAS AT THE SOLE DISCRETION OF THE BOARD. X 185 EXCLUDED UNDER SFAS 116 X 9 1594533 FMV 56 0 1 1 PART I, COLUMN (B): REPORTING THE NUMBER OF ITEMS RECEIVED PART I, LINE 32B: PUBLIC AUCTION IS THE USUAL MECHANISM FOR THE DISPOSAL OF WORKS BEING DE-ACCESSIONED FROM THE COLLECTION AFTER REVIEW BY THE DIRECTOR, CURATORS, AN ACCESSIONS COMMITTEE AND FINAL APPROVAL BY THE EXECUTIVE COMMITTEE AND THE BOARD OF TRUSTEES. THE MUSEUM DOES NOT USE A THIRD PARTY OR RELATED ORGANIZATION TO SOLICIT OR PROCESS NONCASH CONTRIBUTIONS. PART I, LINE 33: THE MUSEUM'S PERMANENT COLLECTION CONSISTS OF OVER 95,000 OBJECTS. IN CONFORMITY WITH ACCOUNTING POLICIES GENERALLY FOLLOWED BY ART MUSEUMS, THE VALUE OF THE MUSEUM'S COLLECTION OF ART OBJECTS IS NOT CAPITALIZED AND HAS BEEN EXCLUDED FROM THE STATEMENTS OF FINANCIAL POSITION, AND GIFTS OF ART OBJECTS ARE NOT RECOGNIZED AS CONTRIBUTED REVENUE. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE REVIEWS A COPY OF FORM 990 IN DETAIL. AFTER THE AUDIT COMMITTEE COMPLETES ITS REVIEW, A DRAFT IS MADE AVAILABLE TO THE ENTIRE BOARD FOR COMMENTS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BMA HAS A QUESTIONNAIRE THAT REQUIRES TRUSTEES WITH VOTING PRIVILEGES TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS. ONE HUNDRED PERCENT OF VOTING TRUSTEES COMPLETED THE QUESTIONNAIRE AND CERTIFIED THE DOCUMENT WITH THEIR RESPECTIVE SIGNATURES. NO CONFLICTS OF INTEREST WERE IDENTIFIED. TRUSTEES ARE ASKED TO BRING ANY CONFLICTS OF INTEREST TO THE ATTENTION OF THE CHAIR OF THE BOARD OF TRUSTEES AS CHAIR OF THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES CONDUCTS AN ANNUAL PERFORMANCE REVIEW OF THE DIRECTOR AND RECOMMENDS COMPENSATION FOR THE DIRECTOR BASED ON PERFORMANCE AND THE REVIEW OF COMPARABLE DATA FROM SIMILAR INSTITUTIONS. THE BOARD OF TRUSTEES APPROVES THE ANNUAL OPERATING BUDGET WHICH INCLUDES COMPENSATION FOR THE DIRECTOR. THE DECISIONS OF THE COMPENSATION COMMITTEE ARE COMMUNICATED IN WRITING FROM THE BOARD CHAIR TO THE CHIEF OPERATING OFFICER, WRITTEN NOTES ACCOMPANY THE BUDGET AND MINUTES OF THE BOARD OF TRUSTEES MEETINGS ARE MAINTAINED. THE MUSEUM PARTICIPATES ANNUALLY IN SALARY SURVEYS TO BENCHMARK COMPENSATION RANGES AGAINST PEER INSTITUTIONS. THE BOARD OF TRUSTEES APPROVES THE ANNUAL OPERATING BUDGET WHICH INCLUDES COMPENSATION FOR OFFICERS AND KEY EMPLOYEES. WRITTEN NOTES ACCOMPANY THE BUDGET AND MINUTES OF THE BOARD OF TRUSTEES MEETINGS ARE MAINTAINED. FORM 990, PART VI, SECTION C, LINE 19 BMA MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D).