2022-05-16T19:11:27-05:00 2021-06-30 341884125 CBIZ MHM LLC 4722 N 24TH ST STE 300 PHOENIX AZ 85016 990 2020-07-01 951855640 MUSEUM OF CONTEMPORARY ART SAN DIEGO MUSE 8584543541 1100 KETTNER BLVD SAN DIEGO CA 92101 CHARLES E CASTLE CFO 8584543541 2022-05-16 1 CHARLES CASTLE 999009999 KRISTEN BASS P01247587 6022646835 2022-05-16 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z KATHRYN KANJO 1100 KETTNER BLVD SAN DIEGO CA 92101 25778206 0 X WWW.MCASD.ORG X 1941 CA SERVE DIVERSE AUDIENCES THROUGH THE EXHIBITION, INTERPRETATION, COLLECTION & PRESERVATION OF ART CREATED SINCE 1950. 27 27 65 27 0 0 7763935 8400903 41448 5212 3730212 4819467 -78819 494691 11456776 13720273 0 0 0 0 3114140 2763144 0 0 539106 3736451 4075591 6850591 6838735 4606185 6881538 122838995 162622820 10576980 35645987 112262015 126976833 X MCASD'S MISSION IS TO SERVE DIVERSE AUDIENCES THROUGH THE EXHIBITION, INTERPRETATION, COLLECTION, AND PRESERVATION OF ART CREATED SINCE 1950. ITS MANDATE IS TO ENGAGE REGIONAL, NATIONAL, AND INTERNATIONAL AUDIENCES INCLUDING THE BINATIONAL (CONTINUED ON SCHEDULE O) CONSTITUENCY OF THE SAN DIEGO/TIJUANA REGION, AND ITS VISION IS TO BE A MUSEUM PROVIDING PUBLIC ACCESS TO CONTEMPORARY ART, ARTISTS, AND THE CREATIVE PROCESS; A FORUM FOR THE EXPLORATION AND UNDERSTANDING OF CONTEMPORARY ART AND IDEAS; AND A LABORATORY FOR ARTISTS TO EXPERIMENT WITH NEW FORMS OF CREATIVE EXPRESSION. THE PRIMARY VEHICLE FOR ACCOMPLISHING THIS MISSION IS THROUGH THE EXHIBITION OF CONTEMPORARY ART. 0 0 2218279 823590 MCASD'S COLLECTION INCLUDES MORE THAN 5,600 OBJECTS IN ALL MEDIA, DATING FROM 1950 TO THE PRESENT. WE USE OUR COLLECTION AS A BASIS FOR EXHIBITIONS, EDUCATION PROGRAMS, AND COMMUNITY ENGAGEMENT AT TWO LOCATIONS, OUR FLAGSHIP IN LA JOLLA, AND OUR DOWNTOWN SITE. WE DELIVER OUR MISSION THROUGH EXHIBITIONS CURATED FROM OUR OWN COLLECTIONS, PRESENTATION OF EXHIBITIONS ORGANIZED BY OR WITH OTHER INSTITUTIONS, AND UNDERTAKE ORIGINAL RESEARCH TO PROVIDE INSIGHTFUL ANALYSIS OF ISSUES THAT IMPACT OUR WORLD. TOURS OF EXHIBITIONS, PANEL DISCUSSIONS, LECTURES, PUBLICATIONS, COMMUNITY EVENTS, AND OTHER SUPPORTING PROGRAMS PROVIDE ADDITIONAL INSIGHT INTO OUR COLLECTIONS AND EXHIBITIONS. FISCAL YEAR 2021 WAS AN UNPRECEDENTED YEAR AS THE MUSEUM'S PHYSICAL LOCATIONS REMAINED CLOSED DUE TO THE CONTINUING CONSTRUCTION EFFORTS AT THE LA JOLLA LOCATION AND THE PERSISTENT THREAT OF THE COVID-19 VIRUS. DESPITE MANY CHALLENGES, THE MUSEUM STILL ACTED TO UPHOLD ITS MISSION AND OUTREACH EFFORTS BY CONVERTING SOME IN-PERSON PROGRAMMING TO A DIGITAL PLATFORM.ART AUCTION: SINCE 1996, THE MUSEUM OF CONTEMPORARY ART SAN DIEGO'S BIENNIAL ART AUCTION HAS BEEN A PREMIER EVENT FOR THE MUSEUM, DRAWING ART COLLECTORS AND CONNOISSEURS FROM ACROSS SOUTHERN CALIFORNIA. FEATURING A LIVE AND SILENT AUCTION OF WORKS BY INTERNATIONALLY ACCLAIMED AND EMERGING CONTEMPORARY ARTISTS, ART AUCTION RAISES FUNDS TO SUPPORT THE MUSEUM'S EDUCATIONAL PROGRAMMING, EXHIBITIONS, AND ACQUISITIONS. THROUGH THE GENEROSITY OF CONTRIBUTING ARTISTS, GALLERIES, AND COLLECTORS, ART AUCTION OFFERS A WIDE RANGE OF PAINTINGS, WORKS ON PAPER, SCULPTURE, VIDEO, AND OTHER MEDIA. WHETHER AT THE PEAK OF THEIR CAREERS OR AT THE LAUNCH, NEARBY OR INTERNATIONAL, THE INCLUDED ARTISTS ARE SELECTED AND THEIR WORKS VETTED BY THE MUSEUM'S CURATORIAL TEAM AND THE OBJECTS REFLECT THE CURATORIAL INTERESTS AND PERSPECTIVE OF MCASD. NUMEROUS ARTISTS INCLUDED IN THE BENEFIT ART AUCTION HAVE BEEN FEATURED IN MCASD EXHIBITIONS AND MANY HAVE WORKS IN THE COLLECTION. MCASD WAS POISED TO LAUNCH THE ART AUCTION IN MAY 2020 WHEN THE WORLD WAS UPENDED BY THE ARRIVAL OF COVID-19. WITH PUBLIC SAFETY IN MIND, MCASD PROMPTLY CLOSED ITS GALLERIES AND CURTAILED ALL GATHERINGS, INCLUDING THIS BIENNIAL EXHIBITION AND CELEBRATION. THE MUSEUM REVAMPED THE AUCTION PROGRAM AND WENT 100% DIGITAL, DELAYING THE EVENT UNTIL OCTOBER 2022 AND ENGAGING AN ONLINE PLATFORM TO HELP REACH AN EVEN BROADER AUDIENCE TO TRANSLATE THE IN-PERSON CAMARADERIE OF PAST AUCTIONS INTO SPIRITED ONLINE BIDDING. 95 ARTISTS CONTRIBUTED TO THIS SPECTACULAR EVENT WHICH ALTHOUGH MAKING A DRASTIC CHANGE TO THE PROFILE AND EXPERIENCE OF THIS WELL-KNOWN EVENT, STILL ACHIEVED ITS REVISED FINANCIAL GOAL FOR THE MUSEUM. 1558183 PERMANENT COLLECTION: WHILE THE MUSEUM REMAINED CLOSED, OUR PERSONNEL WHO DEAL DIRECTLY WITH THE COLLECTION WERE GIVEN THE OPPORTUNITY TO ADDRESS SOME LONG STANDING PRESERVATION AND DIRECT CARE NEEDS. THIS INCLUDED REHOUSING AND REPACKING MUCH OF THE MUSEUMS PRINT COLLECTION AND PHOTOGRAPHING PREVIOUSLY UNDOCUMENTED WORKS TO UPDATE THE MUSEUM'S DATABASE SYSTEM. THEY ALSO REORGANIZED SHELVING AND VAULT SPACES TO MAXIMIZE EFFICIENY AND SAFETY OF FRAMED WORKS, AS WELL AS TO DEVELOP A PLAN FOR FUTURE STRATEGIC PRIORITIES IN OUR LONG TERM STORAGE FACILITY. IN ADDITION THE TEAM UNDERTOOK THE DIGITIZATION AND CATALOGUING OF THE MUSEUM'S DIGITAL MEDIA COLLECTION. THE MUSEUM CONTINUED ITS ACTIVE ACQUISITIONS AND LOAN PROGRAM, INCREASING THE COLLECTION WITH 82 WORKS OF ART THROUGH DONATION, PURCHASE, AND PURCHASE WITH DONATED FUNDS. MCASD SHARED ITS COLLECTION THROUGH THE LOAN OF 6 ARTWORKS TO 4 EXHIBITIONS AT OTHER MUSEUMS IN SAN DIEGO, THROUGHOUT CALIFORNIA, ACROSS THE COUNTRY, AND INTERNATIONALLY. 585337 4762 MCASD DIGITAL: WHILE MCASD REMAINED SHUTTERED DUE TO THE COVID-19 PANDEMIC, WE LAUNCHED A NEW ONLINE PLATFORM TO TRANSITION MANY OF ITS IN-PERSON ART PROGRAMS TO THE DIGITAL SPHERE AND MAINTAIN AND GROW ITS CONNECTION TO ITS DIVERSE AUDIENCES. MCASD: DIGITAL TAKES A JOURNAL-TYPE STRUCTURE WITH SECTIONS FOR EXHIBITIONS, COLLECTION, AND EDUCATION AND ENGAGEMENT WITH A REPOSITORY FOR SCHOOL LESSON PLANS, PREVIOUS ONLINE ARTIST TALKS AND CURATORIAL TEXTS. TWO EXHIBITIONS, TO TAME A WILD TONGUE: ART AFTER CHICANISMO AND EXPERIMENTS ON STONE: FOUR WOMEN ARTISTS FROM THE TAMARIND LITHOGRAPHY WORKSHOP WOULD HAVE BEEN CANCELLED BECAUSE OF THE PANDEMIC BUT FOUND NEW LIFE ONLINE. WE ALSO PRESENTED VERSIONS OF OUR EDUCATION PROGRAMS SERVING MORE THAN 10,000 PEOPLE. 4361799 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 54 0 1 65 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 27 27 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X X LISA HOSEGOOD 8584543541 1100 KETTNER BLVD SAN DIEGO CA 92101 DR PAUL JACOBS PRESIDENT 1.00 X X 0 0 0 MELISSA BARTELL VICE PRESIDENT 1.00 X X 0 0 0 KAREN COHN VICE PRESIDENT 1.00 X X 0 0 0 COLETTE CARSON ROYSTON VICE PRESIDENT 1.00 X X 0 0 0 RYAN HERRELL SECRETARY 1.00 X X 0 0 0 BARBARA ARLEDGE TRUSTEE 1.00 X 0 0 0 DR MARY F BERGLUND TRUSTEE 1.00 X 0 0 0 VIVECA BISSONNETTE TRUSTEE 1.00 X 0 0 0 BARBARA BLOOM TRUSTEE 1.00 X 0 0 0 NANCY BROWAR TRUSTEE 1.00 X 0 0 0 CHRISTOPHER CALKINS TRUSTEE 1.00 X 0 0 0 DR MARSHA CHANDLER TRUSTEE 1.00 X 0 0 0 DR CHARLES COCHRANE TRUSTEE 1.00 X 0 0 0 ISABEL COPPEL TRUSTEE 1.00 X 0 0 0 CAROLYN FARRIS TRUSTEE 1.00 X 0 0 0 KAREN FOX TRUSTEE 1.00 X 0 0 0 MARCIA HAZAN TRUSTEE 1.00 X 0 0 0 MARGARET JACKSON TRUSTEE 1.00 X 0 0 0 GAIL KNOX TRUSTEE 1.00 X 0 0 0 JENNIFER LEVITT TRUSTEE 1.00 X 0 0 0 DR FENNER MILTON TRUSTEE 1.00 X 0 0 0 GARNA MULLER TRUSTEE 1.00 X 0 0 0 JENNIFER NELSON TRUSTEE 1.00 X 0 0 0 RUKIYE SMITH TRUSTEE 1.00 X 0 0 0 ELIZABETH PHELPS TRUSTEE 1.00 X 0 0 0 NORA SARGENT TRUSTEE 1.00 X 0 0 0 DAGMAR SMEK TRUSTEE 1.00 X 0 0 0 KATHRYN KANJO CEO, DAVID C COPLEY DIR. 40.00 X 314936 0 49070 CHARLES E CASTLE CFO, DEPUTY DIRECTOR 40.00 X 199837 0 20685 ELIZABETH YANG HELLEWELL ADVANCEMENT DIRECTOR 40.00 X 131160 0 18929 TRULETTE M CLAYES CONTROLLER 40.00 X 106922 0 24434 752855 0 113118 4 0 1 0 EFFORTLESS OFFICE 5655 BADURA AVE STE 180 LAS VEGAS NV 89118 OUTSOURCED IT 183368 1 573667 51800 955681 6819755 8400903 PUBLICATION SALES 713990 4762 4762 EXHIBITION FEES 713990 450 450 5212 855793 855793 97832 0 97832 97832 97832 15054818 832339 11898279 25204 3156539 807135 3963674 823140 3140534 531309 51800 134450 396859 396859 13720273 828352 0 4491018 581528 245950 289235 46343 1801952 763418 895177 143357 7365 7365 225567 90451 126928 8188 146732 74651 56159 15922 110265 627 109638 48330 48330 199649 28195 171454 683715 330767 160270 192678 14827 14827 164207 158870 5059 278 63805 63805 34845 34845 6753 2470 1957 2326 16721 16721 867237 818533 33177 15527 163139 143176 19963 BUILDING EXPENSES 1083497 1046707 15764 21026 EXHIBITIONS 376160 376160 ACCESSIONS OF ART 134600 134600 107841 105014 -12002 14829 6838735 4361799 1937830 539106 207241 1058636 7497181 9093328 8546221 5778907 218444 599652 272166 169100 368910 113278 116835615 20967038 65923781 95868577 38751256 48446029 1053795 1495313 122838995 162622820 4501200 7401141 1477907 1251615 3229550 3244931 374625 22732037 993698 1016263 10576980 35645987 X 54691877 45326913 57570138 81649920 112262015 126976833 122838995 162622820 6881538 7833280 0 X 0 1 X 1 0 X 10076211 14728989 30401546 7763935 8400903 71371584 244000 258000 294000 294000 316806 1406806 10320211 14986989 30695546 8057935 8717709 72778390 22790871 49987519 1307126 1153497 1280585 1140953 953625 5835786 1001 1001 78615177 3501475 0.63590 0.62570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 1 39475329 353967 11709953 2197133 49342116 40094509 1189615 193870 2002665 39475329 37594360 1125000 391511 348500 40094509 34792504 1556416 3200479 1955039 37594360 31377782 1040000 4438597 2063875 34792504 0.04838 0.95162 0 0 9209259 9209259 35432036 16265898 19166138 5116200 4701140 415060 67078120 67078120 95868577 DEFERRED COMPENSATION 1016263 1016263 X 21763732 7833280 59724 7893004 13870728 -150455 -150455 13720273 7048914 59724 150455 210179 6838735 0 6838735 PART III, LINE 1A: THE COLLECTIONS, WHICH HAD BEEN ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE MUSEUM'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. PART III, LINE 4: THE PERMANENT COLLECTION OF THE MUSEUM CONSISTS OF PAINTINGS, SCULPTURES, INSTALLATIONS, WORKS ON PAPER (INCLUDING PHOTOGRAPHY), VIDEO AND OTHER MEDIA. THE CORNERSTONE OF ANY MUSEUM IS ITS COLLECTION. IT IS THE RESPONSIBILITY OF THE MUSEUM TO ACQUIRE OBJECTS FOR ITS COLLECTION, TO MAINTAIN THEM FOR USE IN EXHIBITIONS, EDUCATION AND RESEARCH, AND TO PRESERVE THE COLLECTION IN PERPETUITY, ALL WHICH CONTRIBUTE TO MEETING THE ORGANIZATION'S EXEMPT PURPOSE. ACQUISITION AND PRESERVATION OF OBJECTS ARE PRIMARY RESPONSIBILITIES OF THE BOARD OF TRUSTEES, THE EXECUTIVE DIRECTOR AND THE CURATORIAL STAFF. PART V, LINE 4: THE BOARD ADOPTED A SPENDING POLICY FOR PERMANENTLY RESTRICTED ENDOWMENT FUNDS BASED ON A ROLLING AVERAGE OF HISTORICAL MARKET VALUES. THE MUSEUM'S ENDOWMENT INVESTMENT POLICY AND STRATEGY IS TO EMPHASIZE TOTAL RETURN; THAT IS, THE AGGREGATE RETURN FROM CAPITAL APPRECIATION AND DIVIDEND AND INTEREST INCOME. WITHIN THIS FRAMEWORK SPECIFIC INVESTMENT OBJECTIVES FOR ENDOWMENT INVESTMENTS INCLUDE LIQUIDITY, PRESERVATION OF CAPITAL, PRESERVATION OF PURCHASING POWER AND LONG-TERM GROWTH OF CAPITAL. THE MUSEUM USES ENDOWMENT FUNDS TO SUPPORT ONGOING OPERATIONS INCLUDING VISUAL ART PROGRAMMING, EDUCATION AND VISITOR SERVICES. PART X, LINE 2: THE MUSEUM IS A NOT-FOR-PROFIT ORGANIZATION AND IS EXEMPT FROM FEDERAL AND CALIFORNIA INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE STATUTES. THE MUSEUM, HOWEVER, MAY BE SUBJECT TO TAX ON INCOME WHICH IS NOT RELATED TO ITS EXEMPT PURPOSE. THE MUSEUM HAD NO UNRELATED BUSINESS INCOME TAX FOR THE YEAR ENDED JUNE 30, 2021. THE MUSEUM EVALUATES THEIR UNCERTAIN TAX POSITIONS, IF ANY, ON A CONTINUAL BASIS THROUGH REVIEW OF THEIR POLICIES AND PROCEDURES, REVIEW OF THEIR REGULAR TAX FILINGS, AND DISCUSSIONS WITH OUTSIDE EXPERTS. AT JUNE 30, 2021, MANAGEMENT BELIEVES THE MUSEUM DID NOT HAVE ANY UNCERTAIN TAX POSITIONS. AT JUNE 30, 2021, THE FEDERAL STATUTE OF LIMITATION REMAINS OPEN FOR THE 2019 THROUGH 2021 YEARS. THE STATUTE OF LIMITATIONS FOR THE STATE INCOME TAX RETURNS REMAINS OPEN FOR THE 2018 THROUGH 2021 YEARS. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES -134,450. GAIN (LOSS) ON ASSET DISPOSAL -16,005. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 134,450. GAIN (LOSS) ON ASSET DISPOSAL 16,005. MONTE CARLO 583109 51800 531309 12300 122150 583109 51800 531309 12300 122150 134450 396859 X X X X 1 1 X X X X X X 0 1 0 0 0 0 0 0 0 KATHRYN KANJO CEO, DAVID C COPLEY DIR. 314936 0 0 0 0 0 4000 0 45070 0 364006 0 0 0 CHARLES E CASTLE CFO, DEPUTY DIRECTOR 199837 0 0 0 0 0 2769 0 17916 0 220522 0 0 0 ELIZABETH YANG HELLEWELL ADVANCEMENT DIRECTOR 131160 0 0 0 0 0 4000 0 14929 0 150089 0 0 0 PART I, LINE 1A PAYMENT FOR COMPANION TRAVEL IS CONSIDERED A VALID BUSINESS PURPOSE AND NOT INCLUDED IN COMPENSATION WHEN ACCOMPANYING THE CEO ON MUSEUM ASSOCIATED BUSINESS TRAVEL. THE PERSONAL RESIDENCE OF THE CEO IS OWNED BY THE MUSEUM AND USED BY THE CEO FOR BUSINESS AND ENTERTAINMENT OF MUSEUM TRUSTEES AND DONORS. CERTAIN PERSONAL SERVICES ARE PROVIDED TO THE CEO AS PART OF THE LIVING ARRANGEMENTS WHILE THE CEO OCCUPIES THE PERSONAL RESIDENCE OWNED BY THE MUSEUM. THE PERSONAL SERVICES ARE REQUIRED FOR USING MUSEUM PROPERTY AND SO ARE NOT CONSIDERED TAXABLE COMPENSATION. PART I, LINE 4B IN 2008 THE MUSEUM SET UP QUALIFIED 457(B) PLANS AND A 457(F) PLAN FOR THREE TOP EXECUTIVES. EMPLOYER CONTRIBUTIONS TO THESE PLANS TOTALED APPROXIMATELY $61,000 IN 2021. THE PLANS REQUIRE THE MUSEUM TO DEPOSIT EMPLOYER CONTRIBUTIONS IN A SEPARATE BANK ACCOUNT EACH YEAR. ASSETS CONTRIBUTED TO THE PLANS REMAIN THE SOLE PROPERTY OF THE MUSEUM UNTIL A COVERED EMPLOYEE IS ELIGIBLE TO RECEIVE DISTRIBUTIONS. A COUNTY OF SAN DIEGO 132774656 797391YJ2 2004-12-16 13000000 EXPANSION PROJECT 0 0 0 A 13000000 460000 12540000 2007 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 1 0 0 0 0 A 0 X 77 N/A 3 0 1 1 PART I, LINE 32B: THE ORGANIZATION HIRES A THIRD PARTY TO LIQUIDATE STOCK TRANSFERS. PART I, LINE 33: IN ACCORDANCE WITH SFAS 116, THE COLLECTIONS, WHICH HAD BEEN ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE MUSEUM'S INCEPTION ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIRES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. FORM 990, PART VI, SECTION A, LINE 6 THERE SHALL BE TWO CLASSES OF MEMBERS: GENERAL MEMBERS AND REGULAR MEMBERS. REGULAR MEMBERS SHALL BE THE TRUSTEES OF THE CORPORATION, AS THEY HOLD SUCH OFFICE FROM TIME TO TIME. THE REGULAR MEMBERS SHALL HAVE THE RIGHT TO VOTE ON ALL MATTERS REQUIRING A VOTE OF THE MEMBERS OF THIS CORPORATION UNDER THE LAW, OR THE ARTICLES OF INCORPORATION, OR THE BYLAWS. DEATH, RESIGNATION, REMOVAL, OR EXPIRATION OF TERM OF ANY TRUSTEES SHALL AUTOMATICALLY TERMINATE SUCH TRUSTEE'S REGULAR MEMBERSHIP. ELECTION OF A SUCCESSOR TRUSTEE SHALL OPERATE TO ELECT SUCH TRUSTEE A REGULAR MEMBER. GENERAL MEMBERS SHALL INCLUDE ANY PERSONS WHO ARE MEMBERS OF THE CORPORATION AT THE TIME OF THE ADOPTION OF THESE BY-LAWS FOR THE DURATION OF SUCH MEMBERSHIP, AND SUCH OTHER PERSONS AS MAY THEREAFTER BE ADMITTED TO GENERAL MEMBERSHIP. GENERAL MEMBERS SHALL NOT BE MEMBERS AS DEFINED IN 5056 OF THE CALIFORNIA CORPORATIONS CODE. GENERAL MEMBERS SHALL BE ADMITTED UPON SUCH TERMS, IN SUCH CATEGORIES, AND SHALL HAVE SUCH RIGHTS (OTHER THAN THE RIGHT TO VOTE) AS MAY BE DETERMINED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7A REGULAR MEMBERS ARE TRUSTEES OF THE CORPORATION AND SHALL VOTE UPON THE PERSON(S) WHOM SHALL FILL EACH TRUSTEESHIP. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE SHALL HAVE THE RESPONSIBILITY FOR REVIEWING THE ORGANIZATION'S PUBLIC DISCLOSURE COPY OF THE FORM 990, NOT THE FILING COPY, INCLUDING ALL PERTINENT SCHEDULES BEFORE THEY ARE FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, MCASD DISTRIBUTES AN "INSTITUTIONAL ETHICS POLICY" DOCUMENT THAT INCLUDES THE CONFLICT OF INTEREST POLICY. MCASD REQUESTS THAT EACH YEAR, TRUSTEES REVIEW THIS DOCUMENT, SIGN AND AFFIRM THAT THEY HAVE READ THE GUIDELINES, AND COMPLETE THE TRUSTEE DISCLOSURE STATEMENT. THESE ARE KEPT ON FILE AT THE MUSEUM. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE ENGAGES A PROFESSIONAL COMPENSATION AND HUMAN RESOURCES CONSULTING PRACTICE TO CONDUCT AN EXECUTIVE COMPENSATION AND INTERMEDIATE SANCTIONS COMPLIANCE REVIEW OF TOTAL COMPENSATION FOR THE MUSEUM DIRECTOR. THE CONSULTANT USES VARIOUS FORM 990'S AND SURVEYS FROM SIMILAR INSTITUTIONS TO DETERMINE THE COMPETIVENESS OF THE DIRECTOR'S COMPENSATION. MCASD RECEIVES AN ANNUAL SALARY SURVEY FROM THE ASSOCIATION OF ART MUSEUM DIRECTORS THAT IS USED TO EVALUATE COMPENSATION FOR EMPLOYEES OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S ARTICLES OF INCORPORATION, BY-LAWS, AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. LA JOLLA MUSEUM OF ART 1100 KETTNER BLVD SAN DIEGO CA 92101 951855640 MUSEUM CA MCASD C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0