2020-07-13T13:52:23-05:00 2019-06-30 560574444 CHERRY BEKAERT LLP 1111 METROPOLITAN AVE STE 900 CHARLOTTE NC 28204 990 2018-07-01 560670666 MINT MUSEUM OF ART INC MINT 7043372000 2730 RANDOLPH ROAD CHARLOTTE NC 28207 DR TODD A HERMAN PRESIDENT AND CEO 7043372000 2020-07-09 1 AMANDA ADAMS P00748038 7043771678 98.183.169.7 2020-07-09 12:26:51 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 88D7A88AFC1BC15DCE619246A085D52B39BEAA6C 2018 2020-09-22 18:59:49Z DR TODD A HERMAN 2730 RANDOLPH ROAD CHARLOTTE NC 28207 7552282 0 X WWW.MINTMUSEUM.ORG X 1936 NC THE MINT MUSEUM IS A LEADING, INNOVATIVE MUSEUM OF INTERNATIONAL ART AND DESIGN COMMITTED TO ENGAGING AND INSPIRING ALL MEMBERS OF OUR GLOBAL COMMUNITY. THE MINT MUSEUM IS DEDICATED TO LEADERSHIP IN COLLECTING, EXHIBITING, CONSERVING, RESEARCHING, PUBLISHING, INTERPRETING, AND SHARING ART AND DESIGN FROM AROUND THE WORLD. THESE COMMITMENTS ARE CENTRAL TO THE MUSEUM'S CORE VALUES OF LEADERSHIP, INTEGRITY, INCLUSIVENESS, KNOWLEDGE, STEWARDSHIP, AND INNOVATION, PROMOTING UNDERSTANDING OF AND RESPECT FOR DIVERSE PEOPLES AND CULTURES. MUSEUM ADMISSION, SPECIAL EVENTS, LEARNING AND ENGAGEMENT PROGRAMS, AND OUTREACH INITIATIVES DEEPEN THE RELATIONSHIP BETWEEN THE ARTS AND CULTURE SECTOR AND THE DIVERSE COMMUNITY WE SERVE - REACHING OVER 500,000 PEOPLE THROUGH VISITATION AND ONLINE CHANNELS. 25 25 90 1700 350088 215796 4280288 4881992 431828 424173 60687 75399 1448191 1634555 6220994 7016119 0 0 0 0 3599059 3952602 0 0 908307 5855945 6441871 9455004 10394473 -3234010 -3378354 86275940 83113681 1383044 1419836 84892896 81693845 X THE MINT MUSEUM IS A LEADING, INNOVATIVE MUSEUM OF INTERNATIONAL ART AND DESIGN COMMITTED TO ENGAGING AND INSPIRING ALL MEMBERS OF OUR GLOBAL COMMUNITY. THE MINT MUSEUM IS DEDICATED TO LEADERSHIP IN COLLECTING, EXHIBITING, CONSERVING, RESEARCHING, PUBLISHING, INTERPRETING, AND SHARING ART AND DESIGN FROM AROUND THE WORLD. THESE COMMITMENTS ARE CENTRAL TO THE MUSEUM'S CORE VALUES OF LEADERSHIP, INTEGRITY, INCLUSIVENESS, KNOWLEDGE, STEWARDSHIP, AND INNOVATION, PROMOTING UNDERSTANDING OF AND RESPECT FOR DIVERSE PEOPLES AND CULTURES. 0 0 7976701 702515 SEE SCHEDULE O 7976701 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 109 0 1 90 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 25 25 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NC X X GARY BLANKEMEYER 7043372000 2730 RANDOLPH ROAD CHARLOTTE NC 28207 SEAN JONES CHAIR 1.00 0.00 X X 0 0 0 WESTON ANDRESS PAST CHAIR 1.00 0.00 X X 0 0 0 TONI KENDRICK SECRETARY 1.00 0.00 X X 0 0 0 ROBERT SHERIDAN III TREASURER 1.00 0.00 X X 0 0 0 NATALIE FRAZIER ALLEN MEMBER 1.00 0.00 X 0 0 0 MARY BEAVER MEMBER 1.00 0.00 X 0 0 0 LEN BOTKIN MEMBER 1.00 0.00 X 0 0 0 ARMANDO CHARDIET MEMBER 1.00 0.00 X 0 0 0 KATE COLE MEMBER 1.00 0.00 X 0 0 0 CHRIS COPE MEMBER 1.00 0.00 X 0 0 0 BEVERLY SMITH HANCE MEMBER 1.00 0.00 X 0 0 0 SCOTT MATTEI MEMBER 1.00 0.00 X 0 0 0 SUSAN MCKEITHEN MEMBER 1.00 0.00 X 0 0 0 POSEY MEALY MEMBER 1.00 0.00 X 0 0 0 VICKY MITCHENER MEMBER 1.00 0.00 X 0 0 0 KARL NEWLIN MEMBER 1.00 0.00 X 0 0 0 RICHARD PAYNE JR MEMBER 1.00 0.00 X 0 0 0 AMY PITT MEMBER 1.00 0.00 X 0 0 0 MILTON PRIME MEMBER 1.00 0.00 X 0 0 0 BETH QUARTAPELLA MEMBER 1.00 0.00 X 0 0 0 ASHLEY ROBERTSON MEMBER 1.00 0.00 X 0 0 0 MANUEL RODRIGUEZ MEMBER 1.00 0.00 X 0 0 0 LEIGH-ANN SPROCK MEMBER 1.00 0.00 X 0 0 0 ROCKY TRENKELBACH MEMBER 1.00 0.00 X 0 0 0 PAUL WRIGHT IV MEMBER 1.00 0.50 X 0 0 0 TODD A HERMAN PHD CEO/PRESIDENT (STARTED 8/20/18) 40.00 0.00 X 91624 0 2582 GARY BLANKEMEYER CHIEF OPERATING OFFICER & CFO 40.00 0.00 X 151799 0 10642 HILLARY COOPER CHIEF ADVANCEMENT OFFICER 40.00 0.00 X 103872 0 2345 347295 0 15569 2 0 1 0 SUNSTATES SECURITY LLC 801 CORPORATE CENTER DR RALEIGH NC 27607 SECURITY SERVICES 548573 THE BUDD GROUP INC 2325 STRATFORD RD WINSTONSALEM NC 27103 HOUSEKEEPING SERVICES 221780 BONNIE HALL PO BOX 596 CAMBRIA CA 93428 PROJECT MANAGEMENT 153000 BIZ TECHNOLOGY SOLUTIONS INC 353 OATES RD MOORESVILLE NC 28117 IT SERVICES 144057 4 294000 397677 713162 83500 3393653 11595 4881992 MUSEUM ADMISSIONS 900099 293024 293024 EDUCATION PROGRAMS 611710 71373 71373 EVENT TICKETS 900099 33410 33410 26366 26366 424173 73058 73058 1118730 0 1118730 1118730 1118730 2341 0 2341 2341 2341 155608 397677 279848 -124240 -124240 534657 256315 278342 278342 ALCOHOL SALES 722440 350088 350088 COMMISSIONS 900099 11635 11635 361723 7016119 702515 350088 1081524 X 389115 114925 169478 104712 2791282 2242805 249170 299307 93134 69043 12260 11831 445552 330302 58650 56600 233519 173115 30739 29665 4121 4121 54900 54900 10773 10773 1766396 1167411 512187 86798 167058 164663 2395 549023 300004 160739 88280 515156 435272 73318 6566 94169 42422 26262 25485 22429 13737 4916 3776 1886712 1799681 62950 24081 76910 26250 50660 ACCESSIONS & CONSERVATI 290318 290318 EXHIBITIONS RENTAL/INST 256442 255758 562 122 SPECIAL EVENTS 236470 233334 3136 RECEPTIONS/MEMBER SERVI 199034 30760 168274 311960 286901 22249 2810 10394473 7976701 1509465 908307 906346 562544 723593 482576 451636 499555 297963 384874 310163 369295 142040 161148 65398794 16345021 50723161 49053773 1720028 1674748 28119864 27008209 2881146 2916959 86275940 83113681 886664 1052800 496380 367036 1383044 1419836 X 5480277 5221726 57553100 53590512 21859519 22881607 84892896 81693845 86275940 83113681 X -3378354 -3681 182984 X 0 1 X 1 0 X 4080051 4682390 5287661 4280288 4881992 23212382 1641852 1641852 1641852 1641852 1641852 8209260 5721903 6324242 6929513 5922140 6523844 31421642 2636250 28785392 338984 46438 125014 148637 1191788 1850861 38085 242900 180156 346615 217522 1025278 28400 15416 3718 11635 59169 34356950 4328979 0.83780 0.79160 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 38904421 601723 417627 2226442 37697329 36647466 416122 3321173 1480340 38904421 34348060 316604 3693144 1710342 36647466 35900192 15000 265487 1832619 34348060 36435354 63477 857171 1455810 35900192 0.00000 0.93960 0.06040 1 1 1 58649445 12553916 46095529 5385455 2561632 2823823 1363894 1229473 134421 49053773 BENEFICIAL INTERESTS IN TRUSTS 27008209 F 27008209 X PART III, LINE 1A: IN ACCORDANCE WITH GAAP AND THE PRACTICE TYPICALLY FOLLOWED BY MUSEUMS, EXHIBITS AND ART OBJECTS PURCHASED AND DONATED ARE NOT INCLUDED IN THE ACCOMPANYING CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. EVEN THOUGH NOT REPORTED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS, THE MUSEUM'S COLLECTION REPRESENTS ONE OF ITS MOST VALUABLE ASSETS. THE MUSEUM'S COLLECTIONS CONSIST OF ART OBJECTS AND ARTIFACTS OF HISTORICAL SIGNIFICANCE THAT ARE HELD FOR CURATORIAL AND EDUCATIONAL PURPOSES. THE COLLECTION IS KEPT UNDER CURATORIAL CARE, WHICH INCLUDES CONSERVATION PRACTICES, AND IS SUBJECT TO THE MUSEUM'S POLICY THAT REQUIRES PROCEEDS FROM THE SALE OF COLLECTION ITEMS TO BE USED ONLY FOR ACQUISITION OF ADDITIONAL COLLECTIONS. THE MUSEUM DOES NOT RECOGNIZE AS A CONTRIBUTION ANY INCOME FROM DONATED COLLECTION ITEMS, AS ITS COLLECTIONS ARE NOT CAPITALIZED. PART III, LINE 4: THE MINT MUSEUM COMPRISES TWO FACILITIES (MINT MUSEUM RANDOLPH AND MINT MUSEUM UPTOWN) AND NEARLY 35,000 OBJECTS IN ITS COLLECTION, ONE OF THE LARGEST COLLECTIONS IN THE SOUTHEAST. MINT MUSEUM RANDOLPH, ORIGINALLY CONSTRUCTED IN 1936, HOUSES THE MINT'S DECORATIVE ARTS, FASHION, ART OF THE ANCIENT AMERICAS, AND EUROPEAN, AFRICAN, ASIAN, AND NATIVE AMERICAN COLLECTIONS. THE MINT MUSEUM UPTOWN HOUSES THE INTERNATIONALLY-RENOWNED MINT MUSEUM OF CRAFT + DESIGN, AS WELL AS OUTSTANDING COLLECTIONS OF AMERICAN, CONTEMPORARY, AND EUROPEAN ART. DESIGNED BY MACHADO AND SILVETTI ASSOCIATES OF BOSTON, THE FIVE-STORY, 145,000 SQUARE-FOOT FACILITY COMBINES INSPIRING ARCHITECTURE WITH GROUNDBREAKING EXHIBITIONS TO PROVIDE VISITORS WITH UNPARALLELED EDUCATIONAL AND CULTURAL EXPERIENCES. LOCATED IN THE HEART OF UPTOWN CHARLOTTE, THE MINT MUSEUM UPTOWN IS AN INTEGRAL PART OF LEVINE CENTER FOR THE ARTS, A CULTURAL CAMPUS THAT INCLUDES THE BECHTLER MUSEUM OF MODERN ART, THE HARVEY B. GANTT CENTER FOR AFRICAN-AMERICAN ARTS + CULTURE, THE KNIGHT THEATER, AND THE DUKE ENERGY CENTER. PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS ARE USED FOR A VARIETY OF PURPOSES TO SUPPORT THE MINT'S PROGRAMS. THE ENDOWMENT BALANCES REPORTED IN PART V OF FORM 990 INCLUDE ENDOWMENT FUNDS HELD BY A SUPPORTING ORGANIZATION, FOUNDATION FOR THE MINT MUSEUM, WHICH EXISTS TO SUPPORT THE OPERATIONS OF THE MINT MUSEUM. PART X, LINE 2: THE MUSEUM IS EXEMPT FROM FEDERAL INCOME TAX UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"). IN ACCORDANCE WITH IRC REGULATIONS, THE MUSEUM IS TAXED ON UNRELATED BUSINESS INCOME, WHICH CONSISTS OF EARNINGS FROM ACTIVITIES NOT RELATED TO THE EXEMPT PURPOSE OF THE MUSEUM. THE MUSEUM ACCOUNTS FOR TAX UNCERTAINTIES BASED ON A MORE LIKELY THAN NOT RECOGNITION THRESHOLD WHEREBY TAX BENEFITS ARE ONLY RECOGNIZED WHEN THE MUSEUM BELIEVES THAT THEY HAVE A GREATER THAN 50% LIKELIHOOD OF BEING SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. ANNUAL GALA 553285 397677 155608 80454 55531 5500 138363 553285 397677 155608 80454 55531 5500 138363 279848 -124240 X X X X 0 0 0 0 0 0 0 0 0 GARY BLANKEMEYER CHIEF OPERATING OFFICER & CFO 151799 0 0 0 0 0 3036 0 7606 0 162441 0 0 0 X 82 X 5 10174 FMV X SUPPLIES 3 1421 FMV 0 0 1 0 PART I, LINE 33: IN ACCORDANCE WITH GAAP, THE MUSEUM DOES NOT RECOGNIZE AS A CONTRIBUTION ANY INCOME FROM DONATED COLLECTION ITEMS AS ITS COLLECTIONS ARE NOT CAPITALIZED. ALTHOUGH NOT RECOGNIZED AS INCOME FOR GAAP, THE MUSEUM VALUATION OF THESE ASSETS FOR INTERNAL PURPOSES WAS JUST OVER $3,700,000. FORM 990, PART III, LINE 4A FOR FY19, THE MINT CONTINUED ITS CORE ACTIVITIES, INCLUDING EXPANDING ITS PERMANENT COLLECTIONS THROUGH IMPORTANT ACQUISITIONS; LAUNCHING NEW EXHIBITIONS COMPRISING WORKS FROM THE PERMANENT COLLECTIONS AND ON LOAN; ENGAGING VISITORS OF ALL AGES AND BACKGROUNDS THROUGH EDUCATION AND OUTREACH INITIATIVES; AND IMPLEMENTING NEW COMMUNICATION STRATEGIES, TECHNOLOGIES, AND METHODS TO REACH AND ENGAGE NEW AUDIENCES. EXHIBITIONS PRESENTED DURING FY19 CONTINUED THE MINT'S PRACTICE OF SHOWING SELECTED WORK FROM THE PERMANENT COLLECTION AND INCORPORATING ART FROM OTHER INSTITUTIONS, WHICH INCLUDED: AFRICAN-PRINT FASHION NOW! ORGANIZED BY THE FOWLER MUSEUM AT UCLA IN ASSOCIATION WITH VLISCO NETHERLANDS B.V.; MICHAEL SHERRILL RETROSPECTIVE AND UNDER CONSTRUCTION: POSTWAR COLLAGE FROM THE MINT MUSEUM WHICH WERE BOTH MINT-ORGANIZED EXHIBITIONS. THE MINT CONTINUED ITS DIVERSE AND IMPACTFUL ROSTER OF REGULAR PROGRAMMING FOR ALL AGES. THE MINT HOSTED THE POPULAR FAMILY DROP-IN PROGRAM SUNDAY FUN DAYS AND THE INNOVATIVE NEXGEN MINT TEEN PROGRAM REACHING TEENS AT OVER 40 HIGH SCHOOLS IN THE CHARLOTTE AREA. ALSO, THE VERY POPULAR LATINO INITIATIVE CONTINUED, FEATURING MONTHLY BILINGUAL PROGRAMMING FOR FAMILIES AND ADULTS, A BILINGUAL SUMMER ART CAMP, AN ARRAY OF COMMUNITY EVENTS THAT FEATURED CROSS-ORGANIZATIONAL PARTNERSHIPS. ADDITIONALLY, SCHOOL-BASED PROGRAMS SERVED AS ANOTHER VALUABLE PLATFORM FOR STUDENTS AND TEACHERS, OFFERING A MENU OF VISUAL ARTS-BASED PROGRAMMING THAT COMPLEMENTED CORE CURRICULA. OTHER REGULAR PROGRAMMING IN FY19 INCLUDED ADULT STUDIO CLASSES, MASTER CLASSES, EXHIBITION-RELATED LECTURES, AFTER SCHOOL PROGRAMS, SUMMER CAMPS, AND OTHER SCHOOL PROGRAMS. ALL OF THESE PROGRAMS REFLECT THE MINT'S COMMITMENT TO ATTRACTING AND ENGAGING MORE DIVERSE AUDIENCES ACROSS SOCIOECONOMIC AND AGE DEMOGRAPHICS. FY19 MARKED THE 15TH YEAR THAT THE MINT PRESENTED THE GRIER HEIGHTS COMMUNITY ARTS PROGRAM FOR DISADVANTAGED YOUTH, AGES 11-17. THE WEEKLY AFTERSCHOOL PROGRAM PROMOTES CREATIVITY AND CRITICAL THINKING THROUGH ART, ENCOURAGES HEALTHY LIFESTYLES AND SELF-CONFIDENCE, AND PROMOTES SUCCESS IN SCHOOL. FINALLY, THE MINT REDESIGNED ITS COMMUNITY RELATIONS DEPARTMENT AS THE MUSEUM PREPARED FOR DYNAMIC, NEW LEADERSHIP ALLOWING THE MINT TO BETTER FOCUS OUR LONG-TERM, STRATEGIC EFFORTS ON MAKING THE MINT WELCOMING, ACCESSIBLE, AND ACTIVELY CONNECTED TO A WIDE RANGE OF COMMUNITIES. RUBIE BRITT-HEIGHT CONTINUED IN HER ROLE AS DIRECTOR OF COMMUNITY RELATIONS, AND HIRED A COORDINATOR TO ASSIST HER IN MORE OUTREACH EFFORTS THROUGHOUT THE CHARLOTTE REGION. IN FY19 THE MINT CONTINUED TO DEVELOP PARTNERSHIPS BY WORKING WITH GRASSROOTS ARTISTS, COMMUNITY ORGANIZATIONS, THE CHAMBER OF COMMERCE, GOVERNMENT OFFICIALS, AND A WIDE SPECTRUM OF CIVIC AND CULTURAL LEADERS. WITH THE MINT'S UPTOWN LOCATION, THERE IS INCREASED ACCESS TO LOWER-INCOME NEIGHBORHOODS AND SCHOOLS WITHIN UPTOWN CHARLOTTE AS WELL AS A YOUNGER, WORKING PROFESSIONAL AUDIENCE. THE MINT ALSO OFFERED REGULAR DISCOUNTS AND FREE MUSEUM ADMISSION ON WEDNESDAY EVENINGS AT BOTH FACILITIES - LARGELY DUE TO SUPPORT FROM PRIVATE AND CORPORATE FUNDERS. THE MINT IS COMMITTED TO MAKING THE ARTS PART OF THE FABRIC OF DAILY LIFE AND SERVING AS A CULTURAL DESTINATION THROUGH INNOVATIVE EXHIBITIONS, PROGRAMS, AND OUTREACH THAT STIMULATE NEW WAYS OF THINKING ABOUT THE WORLD. THE MINT STRIVES TO SERVE AS A TRANSFORMATIONAL CENTER FOR COMMUNITY ENGAGEMENT AND INSPIRATION. THE MINT REACHES APPROXIMATELY 155,000 VISITORS ANNUALLY THROUGH FRONT DESK ADMISSION (76,000 PEOPLE), EDUCATION AND OUTREACH PROGRAMS (35,000 PEOPLE), AND SPECIAL EVENTS (44,000 PEOPLE). APPROXIMATELY 63% OF VISITORS ARE FROM WITHIN NORTH CAROLINA, AND APPROXIMATELY 70% OF THESE ARE FROM CHARLOTTE-MECKLENBURG. ADDITIONALLY, THE MINT REACHES APPROXIMATELY 361,000 NEW AND RETURNING VISITORS TO MINTMUSEUM.ORG, WITH OVER 418,000 SESSIONS WHERE A USER IS ACTIVELY ENGAGED WITH THE MUSEUM'S WEBSITE. ANNUALLY, THE MINT PARTNERS WITH MANY ORGANIZATIONS WITHIN THE COMMUNITY IN ORDER TO OFFER A BROAD ARRAY OF PROGRAMMING THAT REACHES AS MANY COMMUNITY MEMBERS AS POSSIBLE. KEY PARTNERS INCLUDE: CHARLOTTE MECKLENBURG SCHOOLS, THE LATIN AMERICAN WOMEN'S ASSOCIATION, LATIN AMERICAN COALITION, ART S CHARLOTTE, CIRCLE DE LUZ, HARVEY B. GANTT CENTER FOR AFRICAN-AMERICAN ARTS + CULTURE, DANCES OF INDIA RUMBAO LATIN DANCE COMPANY, SOUTHEASTERN MUSEUM CONFERENCE, PBS AFFILIATE WTVI CHARLOTTE, BECHTLER MUSEUM OF MODERN ART, MCCOLL CENTER FOR VISUAL ART, BLUMENTHAL PERFORMING ARTS CENTER, CHARLOTTE BALLET, OPERA CAROLINA, CHARLOTTE SYMPHONY, CHARLOTTE MECKLENBURG LIBRARY, UNIVERSITIES AND COLLEGES, AND OTHERS. MINT STAFF MEMBERS ARE CONNECTED WITH THEIR PEERS THROUGH VARIOUS NATIONAL GROUPS, INCLUDING THE SOUTHEASTERN MUSEUMS CONFERENCE, THE AMERICAN ALLIANCE OF MUSEUMS, THE COLLEGE ART ASSOCIATION, AND THE ASSOCIATION OF ART MUSEUM CURATORS. FORM 990, PART VI, SECTION A, LINE 7A THE MAYOR AND CITY COUNCIL OF THE CITY OF CHARLOTTE MAY EACH APPOINT A TRUSTEE FOR THREE-YEAR TERMS ENDING AT THE DATE OF THE ANNUAL OR SUBSTITUTE ANNUAL MEETING OF THE MEMBERS OF THE CORPORATION. ANY VACANCY OCCURRING IN THE MEMBERS OF THE BOARD OF TRUSTEES APPOINTED BY THE MAYOR OR THE CITY COUNCIL SHALL BE FILLED ONLY BY THE MAYOR OR THE CITY COUNCIL, RESPECTIVELY. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES RECEIVES A PUBLIC DISCLOSURE COPY OF THE FORM 990 TO PROTECT THE PRIVACY OF THE ORGANIZATION'S DONORS. A COPY OF THE FORM 990 IS REVIEWED BY THE FULL BOARD OF TRUSTEES PRIOR TO SUBMITTING IT TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT EACH YEAR. THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES THE POLICY. IF AN ISSUE ARISES DURING THE YEAR, IT MUST BE BROUGHT TO THE BOARD'S ATTENTION. THE MEMBER WITH THE POTENTIAL ISSUE WILL RECUSE HIMSELF OR HERSELF FROM BOTH THE DISCUSSION AND VOTE. FORM 990, PART VI, SECTION B, LINE 15 EACH POSITION WITHIN THE MUSEUM IS EVALUATED AND ASSIGNED A "GRADE," WHICH IS IN TURN ASSOCIATED WITH A SALARY RANGE THAT IS UPDATED ANNUALLY BASED ON INFLATION AND OTHER ECONOMIC FACTORS. COMPENSATION FOR ALL STAFF POSITIONS FOR THE MUSEUM IS EVALUATED ANNUALLY THROUGH A PROCESS OF BENCHMARKING JOB DESCRIPTIONS/RESPONSIBILITIES WITH SIMILAR POSITIONS FOUND IN THE ASSOCIATION OF ART MUSEUM DIRECTORS' SALARY SURVEY, WHICH IS UPDATED ANNUALLY AND/OR THE "WAGE AND SALARY SURVEY" PUBLISHED BY THE EMPLOYERS' ASSOCIATION BIANNUALLY. THE PRESIDENT & CEO AND COO THEN REVIEW EACH POSITION'S COMPENSATION AS IT RELATES TO THE SALARY SURVEYS AND MAKE ADJUSTMENTS TO THE PAY ACCORDINGLY. THE PRESIDENT AND CEO'S SALARY AND BENEFITS PACKAGE IS ADJUSTED AND APPROVED BY THE FULL BOARD OF TRUSTEES AND DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE MUSEUM'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 1,167,411. MANAGEMENT AND GENERAL EXPENSES 512,187. FUNDRAISING EXPENSES 86,798. TOTAL EXPENSES 1,766,396. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTERESTS IN TRUSTS 182,984. FOUNDATION FOR THE MINT MUSEUM 220 NORTH TRYON STREET CHARLOTTE NC 28202 202749804 SUPPORT MINT MUSEUM NC 501(C)(3) LINE 12A, I N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0