2020-07-15T10:01:50-05:00 2019-07-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2018-08-01 530204620 THE PHILLIPS COLLECTION PHIL 2023872151 1600 21ST STREET NW WASHINGTON DC 20009 CHERYL NICHOLS CHIEF FINANCIAL OFFICER 2023872151 2020-07-15 1 3019519090 75.103.231.202 2020-07-15 11:01:44 ED P 8A04992F9AA5330EDB38CCF362EE047B41C21F8B CD206BC5CA36A7CF0AD2BE32649848EB05ADD92D 2018 2021-01-29 14:40:06Z DANI LEVINAS 1600 21ST STREET NW WASHINGTON DC 20009 34087740 0 X WWW.PHILLIPSCOLLECTION.ORG X 1921 DC THE PHILLIPS COLLECTION IS THE OLDEST MUSEUM OF MODERN AND CONTEMPORARY ART IN THE U.S. IN ADDITION TO PRESENTATION OF WORKS FROM THE PERMANENT COLLECTION AND SPECIAL EXHIBITIONS, THE MUSEUM MAINTAINS ACTIVE EDUCATIONAL, ACADEMIC, AND PUBLIC PROGRAM SERIES AND NUMEROUS PARTNERSHIPS WITH OTHER D.C. ARTS ORGANIZATIONS, EMBASSIES, AND EDUCATIONAL INSTITUTIONS. THE PHILLIPS TAKES PRIDE IN ITS HERITAGE AS AN INTIMATE MUSEUM COMBINED WITH AN EXPERIMENT STATION. 33 33 252 120 23938 43968 7790290 15584489 2932169 2860937 2861103 3118663 348829 249512 13932391 21813601 0 0 0 0 7341520 7310612 0 0 1815334 6460339 7244923 13801859 14555535 130532 7258066 112230667 116986965 15621709 14241927 96608958 102745038 X THE PHILLIPS COLLECTION IS THE OLDEST MUSEUM OF MODERN AND CONTEMPORARY ART IN THE U.S. IN ADDITION TO PRESENTATION OF WORKS FROM THE PERMANENT COLLECTION AND SPECIAL EXHIBITIONS, THE MUSEUM MAINTAINS ACTIVE EDUCATIONAL, ACADEMIC, AND PUBLIC PROGRAM SERIES AND NUMEROUS PARTNERSHIPS WITH OTHER D.C. ARTS ORGANIZATIONS, EMBASSIES, AND EDUCATIONAL INSTITUTIONS. THE PHILLIPS TAKES PRIDE IN ITS HERITAGE AS AN INTIMATE MUSEUM COMBINED WITH AN EXPERIMENT STATION. 0 0 4987470 1086587 MANAGEMENT AND MAINTENANCE OF THE MUSEUM'S PERMANENT COLLECTION OF OVER 4,500 WORKS ORIGINALLY CREATED BEGINNING IN 1913 BY DUNCAN PHILLIPS AND LATER HIS WIFE MARJORIE PHILLIPS AND OPENED TO THE PUBLIC IN 1921 AS THE NATION'S FIRST MUSEUM OF MODERN AND CONTEMPORARY ART. ACTIVITIES INCLUDE CONSERVATION, ACQUISITION OF NEW WORKS THROUGH BOTH GIFT AND PURCHASE, DIGITAL REPRODUCTION FOR PUBLICATIONS AND FOR PRESENTATION ON THE MUSEUM'S WEBSITE, AND IN SOCIAL MEDIA. RESEARCH AND INTERPRETATION FOR SCHOLARS AND THE PUBLIC IS MADE AVAILABLE THROUGH THE USE OF OUR LIBRARY AND ARCHIVES. THE HIGH QUALITY OF WORKS IN THE COLLECTION PRESENTS MANY OPPORTUNITIES FOR COLLABORATION WITH OTHER MUSEUMS BOTH FOR EXHIBITION PARTNERSHIPS AND FOR SHARING WORKS TO ENHANCE EXHIBITIONS AT OTHER VENUES. THE MUSEUM HAS FEATURED THE WORK OF LIVING ARTISTS FROM ITS INCEPTION, AND THE TRADITION CONTINUES TODAY. THE PHILLIPS ALSO DEVELOPS EXHIBITIONS WHICH TRAVEL TO OTHER VENUES TO GIVE THOSE LIVING OUTSIDE THE DC AREA THE OPPORTUNITY TO ENJOY OUR ARTWORK. INDIVIDUAL WORKS OF ART ARE LOANED TO VARIOUS EXHIBITIONS AROUND THE WORLD. 2588466 1601415 PUBLIC ACTIVITIES AND OUTREACH INCLUDING SPECIAL EVENTS, MEDIA AND MARKETING ACTIVITIES, VISITOR AMENITIES, AND COMMUNITY RELATIONS. THE MUSEUM'S RENOWNED CONCERT SERIES CONTINUED WITH OUTSTANDING AND WIDELY-HAILED PERFORMANCES OF APPROXIMATELY 30-40 IMPORTANT ARTISTS DURING THE YEAR. THE MUSEUM CONTINUES ITS EXTENSIVE LIST OF PARTNERSHIPS THROUGHOUT THE CITY. THE MUSEUM'S SHOP AND CAFE CONTINUE AS EXCEPTIONAL AMENITIES FOR OUR ONSITE VISITORS; AND OUR SOCIAL MEDIA PRESENCE GROWS MONTHLY. 2066833 419177 DEVELOPMENT AND PRESENTATION OF SPECIAL EXHIBITIONS INCLUDING WORKS FROM THE MUSEUM'S OWN HOLDINGS, LOANS FROM INDIVIDUALS AND OTHER INSTITUTIONS, AND COLLABORATIONS WITH OTHER VENUES. HIGHLIGHTS FROM FY19 INCLUDE: NORDIC IMPRESSIONS: ART FROM LAND, DENMARK, THE FAROE ISLANDS, FINLAND, GREENLAND, ICELAND, NORWAY, AND SWEDEN, 1821-2018; ZILIA SANCHEZ: SOY ISLA (I AM AN ISLAND); AND THE WARMTH OF OTHER SUNS: STORIES OF GLOBAL DISPLACEMENT. 1596171 105732 PRESENTATION OF A BROAD RANGE OF PROGRAMMING DESIGNED TO APPEAL TO THE MUSEUM'S EXPANDING VISITOR DEMOGRAPHIC. ACTIVITIES WITH OUR ACADEMIC PARTNER, THE UNIVERSITY OF MARYLAND (UMD), INCLUDED CONCERTS, LECTURES, "CONVERSATIONS" WITH LOCAL, NATIONAL, AND INTERNATIONAL ARTISTS, FELLOWSHIPS, AND PARTICIPATION IN AN INNOVATIVE STEAM PROGRAM FOR FIRST YEAR STUDENTS. THE PHILLIPS CONTINUES TO PROVIDE POP-UP SERVICES IN THE COMMUNITY. THE MUSEUM'S PHILLIPS AFTER 5 SERIES ON THE FIRST THURSDAY OF EACH MONTH CONSISTS OF MUSIC, ART ACTIVITIES, VERY POPULAR GALLERY TALKS, FILMS, ARTIST PRESENTATIONS, OR OTHER EXPERIENTIAL PROGRAMS IN CONJUNCTION WITH OUR EMBASSY OR VENDOR PARTNERS. THE ANNUAL FAMILY FUN DAYS PRESENTED IN COLLABORATION WITH THE DC JAZZ FESTIVAL IS TWO DAYS OF LEARNING INVOLVING MUSIC, ART, STORYTELLING, AND CRAFTS. PROGRAMMATIC PARTNERSHIPS CONTINUE WITH MANY ARTISTIC THROUGHOUT THE METROPOLITAN AREA AND VARIOUS DEPARTMENTS AT UMD. 1596171 105732 11238940 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 1 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 0 0 0 0 1 66 0 1 252 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 33 33 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 AL AR CA CT FL IL KS KY MA MD MI MN MS NC NH NJ NM NY OR PA RI SC UT VA WV X X CHERYL A NICHOLS 2023872151 1600 21ST STREET NW WASHINGTON DC 20009 DANI LEVINAS CHAIR 15.00 X X 0 0 0 LINDSAY ELLENBOGEN VICE CHAIR 2.00 X X 0 0 0 TODD GALAIDA VICE CHAIR 2.00 X X 0 0 0 SCOTT SPECTOR VICE CHAIR (UNTIL JUNE 2019) 2.00 X X 0 0 0 AMY MEADOWS SECRETARY (FROM JUNE 2018) 2.00 X X 0 0 0 STEVEN STRAWN TREASURER (FROM DEC. 2018) 2.00 X X 0 0 0 CAROLYN SMALL ALPER TRUSTEE 1.00 X 0 0 0 SUSAN L BUTLER TRUSTEE 1.00 X 0 0 0 CHRISTOPHER CARR TRUSTEE 1.00 X 0 0 0 NANCY CLARVIT TRUSTEE 1.00 X 0 0 0 JOHN DESPRES TRUSTEE 1.00 X 0 0 0 ALAN H FLEISCHMANN TRUSTEE 1.00 X 0 0 0 JULIE GARCIA TRUSTEE (FROM JAN. 2019) 1.00 X 0 0 0 CAROL BROWN GOLDBERG TRUSTEE 1.00 X 0 0 0 PAMELA GWALTNEY TRUSTEE (FROM MARCH 2019) 1.00 X 0 0 0 BARBARA HALL TRUSTEE 1.00 X 0 0 0 TOM HENTELEFF TRUSTEE 1.00 X 0 0 0 BONNIE BURKE HIMMELMAN TRUSTEE 1.00 X 0 0 0 LYNNE N HORNING TRUSTEE 1.00 X 0 0 0 MICHELINE KLAGSBRUN TRUSTEE 1.00 X 0 0 0 HOWARD KRASS TRUSTEE 1.00 X 0 0 0 DALE LEFEBVRE TRUSTEE 1.00 X 0 0 0 B THOMAS MANSBACH TRUSTEE 1.00 X 0 0 0 A FENNER MILTON TRUSTEE 1.00 X 0 0 0 RONALD A PAUL TRUSTEE 1.00 X 0 0 0 KATHLEEN PETITT TRUSTEE (FROM MARCH 2019) 1.00 X 0 0 0 HARVEY ROSS TRUSTEE 1.00 X 0 0 0 THOMAS D RUTHERFOORD JR TRUSTEE 1.00 X 0 0 0 MICHAEL SHAPIRO TRUSTEE 1.00 X 0 0 0 ANDREA STRAWN TRUSTEE (FROM DEC. 2018) 1.00 X 0 0 0 ALICE PHILLIPS SWISTEL TRUSTEE 1.00 X 0 0 0 ELIZABETH WILLIAMS TRUSTEE 1.00 X 0 0 0 LEO E ZICKLER TRUSTEE 1.00 X 0 0 0 DAVID DRISKELL TRUSTEE (UNTIL JUNE 2019) 1.00 X 0 0 0 CAROL MELTON TRUSTEE (UNTIL JULY 2019) 1.00 X 0 0 0 TONI HARRIS PAUL TRUSTEE (UNTIL JUNE 2019) 1.00 X 0 0 0 GEORGE D SWYGERT TRUSTEE (UNTIL MARCH 2019) 1.00 X 0 0 0 ERIC RICHTER TRUSTEE (UNTIL DEC. 2018) 1.00 X 0 0 0 DOROTHY KOSINSKI VRADENBURG DIRECTOR AND CEO 60.00 X 319241 0 65848 SUSAN J NICHOLS CHIEF OPERATING OFFICER 45.00 X 168628 0 27779 CHERYL NICHOLS CFO 45.00 X 97733 0 26579 KLAUS OTTMANN CHIEF CURATOR & DEUPTY DIRECTOR 45.00 X 169109 0 27542 754711 0 147748 3 0 1 0 CONSIGLI CONSTRUCTION CO INC 72 SUMMER ST MILFORD MA 01757 GENERAL CONTRACTOR 883416 MASTERPIECE INTERNATIONAL 39 BROADWAY SUITE 1410 NEW YORK NY 10006 INTERNATIONAL ART TRANSPORT 315226 OCCASIONS CATERING 655 TAYLOR STREET NE WASHINGTON DC 20017 CATERING 214592 CROZIER FINE ARTS INC PO BOX 21089 NEW YORK NY 10087 ART HANDLING 214165 P&R ENTERPRISES PO BOX 8095 FALLS CHURCH VA 20041 JANITORIAL SERVICES 126355 6 554117 485013 233824 14311535 337878 15584489 FEES FROM EXHIBITIONS/LOANED ART 900099 1085659 1085659 MEMBERSHIP DUES 900099 948070 948070 VISITOR FEES 900099 511108 511108 FACILITY RENTAL INCOME 900099 180240 180240 EDUCATIONAL PROGRAMS 900099 135860 135860 2860937 1324499 23938 1300561 17408 17408 13479070 11684906 1794164 1794164 1794164 108641 485013 229614 -120973 -120973 711593 359619 351974 351974 MISCELLANEOUS 900099 1103 1103 1103 21813601 3212911 23938 2992263 843173 611305 91721 140147 5237667 4206392 106493 924782 167256 128534 9327 29395 579267 431875 21233 126159 483249 389169 23277 70803 68391 1647 66744 12340 12340 254703 254703 859199 686393 -37789 210595 288730 277622 11106 2 958942 766961 88241 103740 288188 217723 40514 29951 4037 4037 595600 255683 321950 17967 134295 107470 19007 7818 533773 409011 108569 16193 1219305 868650 316265 34390 271687 251858 16675 3154 OTHER EXHIBITION EXP. 941888 940371 907 610 PURCHASES OF ART 503255 503255 EVENTS 273142 162570 23284 87288 UBI TAX 17380 17380 20068 18414 1654 14555535 11238940 1501261 1815334 1197839 492777 9960420 15394287 64002 90062 321136 339802 386905 330280 49710435 17568336 32493863 32142099 32152078 29792851 35654424 38404807 112230667 116986965 1359541 1202707 471183 130088 9559164 8773792 4000000 3921400 231821 213940 15621709 14241927 X 17900849 27820833 24491002 19160122 54217107 55764083 96608958 102745038 112230667 116986965 7258066 -1121986 0 X 0 1 X 1 0 X 9457827 18663794 8922034 7790290 15584489 60418434 9457827 18663794 8922034 7790290 15584489 60418434 14431379 45987055 664792 536418 544680 766963 1317969 3830822 -9806 7663 13874 46021 50644 108396 2438 1511 736 876 1103 6664 64364316 20258275 0.71450 0.72490 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 12340 12340 0 PART II-B, LINE 1: THE PHILLIPS COLLECTION ENGAGES A LOBBYING FIRM TO EDUCATE CONGRESS ON THE IMPORTANCE OF FUNDING FOR THE ARTS IN THE DISTRICT OF COLUMBIA. EACH YEAR, THE FEDERAL BUDGET APPROPRIATES MONEY FOR SUPPORT THROUGH THE NATIONAL CAPITAL ARTS AND CULTURAL AFFAIRS PROGRAM. X X X X 0 57732238 1762186 1663179 3322476 57835127 54076494 1830264 5510933 3685453 57732238 47198375 2817060 6755526 2694467 54076494 40980081 9209852 -317982 2673576 47198375 37203170 1927050 4219549 2369688 40980081 0.03580 0.96420 0 0 833240 833240 46496913 16012712 30484201 14995 2500 12495 1885987 1201666 684321 479300 351458 127842 32142099 ALTERNATIVE FUNDS 38404807 F 38404807 GIFT ANNUITY DEBT 104387 CAPITAL LEASE OBLIGATION 109553 213940 X 23084689 1418 191888 2825393 3018699 20065990 1747611 1747611 21813601 15614320 191888 1354191 1546079 14068241 487294 487294 14555535 PART III, LINE 1A: WORKS OF ART IN THE MUSEUM'S COLLECTION ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENTS OF FINANCIAL POSITION. PURCHASES OF ART ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IF PURCHASED WITH ASSETS WITHOUT DONOR RESTRICTIONS AND ARE RECORDED AS DECREASES IN NET ASSETS WITH DONOR RESTRICTIONS IF PURCHASED WITH DONOR-RESTRICTED ASSETS. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS; HOWEVER, CERTAIN CONTRIBUTIONS ARE RECORDED AS INCREASES IN NET ASSETS WITH DONOR RESTRICTIONS IF A DONOR MAKES A CONTRIBUTION INTENDED TO FUND THE SUBSEQUENT PURCHASE OF ART. PROCEEDS FROM THE SALE OF DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED ON THE STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS BASED ON THE ABSENCE OR EXISTENCE AND NATURE OF DONORIMPOSED RESTRICTIONS. THERE WERE NO DEACCESSIONS DURING EACH OF THE YEARS ENDED JULY 31, 2019 AND 2018. PART III, LINE 4: AS STATED IN ARTICLE 3 OF THE COLLECTION'S ARTICLES OF INCORPORATION, THE FOCUS OF THE PERMANENT COLLECTION IS THE EMERGENCE OF MODERN ART IN EUROPE AND THE UNITED STATES IN THE LATE NINETEENTH AND THE TWENTIETH CENTURIES (NOW THE 21ST AS WELL), AND IN PARTICULAR THE EXPRESSIVE, INDIVIDUALISTIC, COLORFUL, NATURE-BASED ART FAVORED BY DUNCAN PHILLIPS. PHILLIPS WISHED FOR THE MUSEUM TO CONTINUE TO COLLECT CONTEMPORARY ART OF THE KIND HE FAVORED SO THAT LIVING AND EMERGING ARTISTS WOULD HAVE A VENUE TO SHOW THE RESULTS OF THEIR RESEARCH AND THEIR AESTHETIC ADVENTURES. THE COLLECTION PERMITS THE MUSEUM TO PROVIDE OUTSTANDING EXHIBITIONS AND RELATED ART PROGRAMMING FOR THE EDUCATION OF THE PUBLIC. PART V, LINE 4: THE MUSEUM'S ENDOWMENT IS INVESTED TO PROVIDE INCOME FOR OPERATIONS, FOR PROGRAMS AND EXHIBITIONS, FOR DISPLAY AND PRESERVATION OF THE PERMANENT COLLECTION, AND FOR PURCHASES OF WORKS OF ART. PART X, LINE 2: FOR THE YEARS ENDED JULY 31, 2019 AND 2018, THE COLLECTION HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: ENDOWMENT EARNINGS TRANSFERRED FOR OPERATIONS 2,825,393. INCLUDED IN REVENUE ON THE FINANCIAL STATEMENTS AND EXCLUDED FROM REVENUE ON FORM 990, PART VIII. PART XI, LINE 4B - OTHER ADJUSTMENTS: INTEREST/DIVIDENDS, NON-OPERATING, REPORTED AS AN "OTHER 1,307,638. ITEM" ON THE FINANCIAL STATEMENTS AND INCLUDED AS REVENUE ON FORM 990, PART VIII. EXHIBITION PARTICIPATION PASS THROUGH COSTS EXCLUDED -764,958. FROM REVENUE ON THE FINANCIAL STATEMENTS AND NETTED AGAINST REVENUE ON FORM 990, PART VIII. REALIZED GAINS, NON-OPERATING, REPORTED AS AN "OTHER ITEM" 1,794,164. ON THE FINANCIAL STATEMENTS AND INCLUDED AS REVENUE ON FORM 990, PART VIII. GALA EXPENSES EXCLUDED FROM REVENUE ON THE FINANCIAL -229,614. STATEMENTS AND NETTED AGAINST REVENUE ON FORM 990, PART VIII. SHOP COST OF GOODS SOLD EXCLUDED FROM REVENUE ON -359,619. THE FINANCIAL STATEMENTS AND NETTED AGAINST REVENUE ON FORM 990, PART VIII. PART XII, LINE 2D - OTHER ADJUSTMENTS: TRAVELING EXHIBITION PARTICIPATION PASS THROUGH COSTS 764,958. INCLUDED IN EXPENSES ON THE FINANCIAL STATEMENTS AND NETTED AGAINST REVENUE ON FORM 990, PART VIII. GALA EXPENSES INCLUDED IN EXPENSES ON THE FINANCIAL 229,614. STATEMENTS AND NETTED AGAINST REVENUE ON FORM 990, PART VIII. SHOP COST OF GOODS SOLD INCLUDED IN EXPENSES ON THE 359,619. FINANCIAL STATEMENTS AND NETTED AGAINST REVENUE ON FORM 990, PART VIII. PART XII, LINE 4B - OTHER ADJUSTMENTS: BOND EXPENSES, NON-OPERATING REPORTED AS AN "OTHER ITEM" 254,703. ON THE FINANCIAL STATEMENTS AND INCLUDED AS AN EXPENSE ON FORM 990, PART IX. ART ACQUISITION COSTS REPORTED AS AN "OTHER ITEM" 215,211. ON THE FINANCIAL STATEMENTS AND INCLUDED AS AN EXPENSE ON FORM 990, PART IX. UBIT TAX EXPENSE REPORTED AS AN "OTHER ITEM" ON THE 17,380. FINANCIAL STATEMENTS AND INCLUDED AS AN EXPENSE ON FORM 990, PART IX. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS IN REGION 24109018 EUROPE 0 0 INVESTMENTS IN REGION 69144 0 0 0 0 0 0 24178162 0 24178162 1 0 1 1 1 0 ANNUAL GALA 593654 485013 108641 7500 198084 24030 593654 485013 108641 7500 198084 24030 229614 -120973 X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 DOROTHY KOSINSKI VRADENBURG DIRECTOR AND CEO 319241 0 0 0 0 0 43500 0 22348 0 385089 0 0 0 SUSAN J NICHOLS CHIEF OPERATING OFFICER 168628 0 0 0 0 0 13600 0 14179 0 196407 0 0 0 KLAUS OTTMANN CHIEF CURATOR & DEUPTY DIRECTOR 169109 0 0 0 0 0 5194 0 22348 0 196651 0 0 0 A DISTRICT OF COLUMBIA 536001131 254839E82 2012-11-01 27000000 MUSEUM EXPANSION - DC 30 YEAR BOND ISSUED IN 2003 AND REISSUED IN 2012. 0 0 0 A 18692542 27000000 27000000 2006 0 0 0 1 A 0 0 0 0 0 0 0 A 0 0 0 1 0 0 0 0 0 A 0 X 132 0 X 50 MARKET PRICE X 38 288188 TRADE CONFIRMATIONS X FOOD/BEVERAGES 2 30600 VENDOR CONFIRMATION X PAINT/DECOR. 1 16040 VENDOR CONFIRMATION X FURNITURE 1 3000 VENDOR CONFIRMATION 8 0 1 0 PART I, COLUMN (B): FOR WORKS OF ART DONATIONS, THIS COLUMN REPRESENTS THE NUMBER OF ITEMS CONTRIBUTED. FOR STOCK DONATIONS AND FOOD AND BEVERAGE DONATIONS, THE NUMBER REFLECTED IS THE NUMBER OF DONATIONS RECEIVED. PART I, LINE 33: THE ORGANIZATION DOES NOT REPORT THE VALUE OF ART HOLDINGS ON ITS FINANCIAL STATEMENT. FORM 990, PART VI, SECTION A, LINE 2 TONI PAUL AND RONALD PAUL HAVE A FAMILY RELATIONSHIP. ONE HAS EXPERTISE IN THE EDUCATION FIELD AND THE OTHER IN CAMPAIGN FINANCE AND FUNDRAISING. ANDREA STRAWN AND STEPHEN STRAWN HAVE A FAMILY RELATIONSHIP. ONE HAS EXPERTISE AS A JOURNALIST AND THE OTHER IN HEALTHCARE TECHNOLOGY. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCIAL STATEMENTS WERE PREPARED BY MANAGEMENT AND AUDITED BY THE MUSEUM'S INDEPENDENT AUDITORS. THE FORM 990 WAS PREPARED BY MANAGEMENT AND REVIEWED BY THE MUSEUM'S EXTERNAL TAX ACCOUNTANTS. THE AUDIT COMMITTEE OF THE BOARD IS CHARGED WITH REVIEWING THE AUDITED FINANCIALS AND THE ANNUAL 990 FILING. THESE DOCUMENTS ARE REVIEWED IN SPECIAL MEETINGS OF THE COMMITTEE ATTENDED BY MUSEUM STAFF AND (IN THE INSTANCE OF THE AUDITED FINANCIALS) THE EXTERNAL AUDITORS. FORM 990, PART VI, SECTION B, LINE 12C KEY EMPLOYEES ARE REQUIRED TO COMPLY WITH THE CONFLICTS OF INTEREST POLICY DETAILED IN THE STAFF HANDBOOK. LETTERS REITERATING THE POLICY FOR BOARD MEMBERS ARE SENT PERIODICALLY TO EACH BOARD MEMBER AS PART OF THE ANNUAL AUDIT PROCESS. EACH BOARD MEMBER IS REQUIRED TO SEND A WRITTEN RESPONSE INDICATING HIS/HER COMPLIANCE. IF A CONFLICT WERE TO ARISE, IT WOULD BE RESOLVED BY DISCUSSION WITH THE BOARD CHAIR AND VICE CHAIRS, LEGAL COUNSEL, AND THE BOARD MEMBER AS TO THE APPROPRIATE RESOLUTION. FORM 990, PART VI, SECTION B, LINE 15A THE DIRECTOR OF THE MUSEUM WAS HIRED WITH THE ASSISTANCE OF A SEARCH FIRM WITH MAJOR NOT-FOR-PROFIT CLIENTS. ITS SALARY RECOMMENDATION WAS BASED UPON COMPARABLES FROM THAT FIRM'S EXPERIENCE AS WELL AS ON NATIONAL STATISTICAL SURVEYS. GOING FORWARD, THE DIRECTOR'S SALARY IS DETERMINED BY THE BOARD'S CHAIR AND VICE CHAIRS BASED UPON PERFORMANCE RESULTS, BUDGET CAPACITY, AND COMPARABLES WITH OTHER MUSEUMS. ALL OTHER EMPLOYEES ARE HIRED IN SALARY RANGES UTILIZING LOCAL AND/OR NATIONAL STATISTICAL SURVEYS. INCREASES IN COMPENSATION OUTSIDE OF DC MINIMUM WAGE REQUIREMENTS ARE DETERMINED BY THE DIRECTOR IN CONSULTATION WITH H.R. AND/OR SENIOR LEADERSHIP BASED UPON PERFORMANCE RESULTS AND IN COMPARISON WITH OTHER INSTITUTIONS BASED UPON STATISTICAL SURVEYS. FOR PROFESSIONAL STAFF, THE MOST COMMON SURVEY USED IS THE AMERICAN ASSOCIATION OF MUSEUM DIRECTORS ANNUAL SALARY SURVEY. THE LAST SALARY REVIEW TOOK PLACE IN SPRING 2019 USING FY18 DATA. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, AUDITED FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE BY REQUEST. THE AUDITED FINANCIAL STATEMENTS ARE ALSO AVAILABLE IN SUMMARY FORM WITHIN THE MUSEUM'S MEMBER MAGAZINE EACH YEAR. THE MOST RECENT AUDITED FINANCIAL STATEMENTS AND 990 ARE POSTED ON THE MUSEUM'S WEBSITE.