2020-01-30T14:05:23-08:00 2019-06-30 330783983 West Rhode & Roberts 2741 4th Ave San Diego CA 92103 990 2018-07-01 951709290 SAN DIEGO MUSEUM OF MAN SAND 6192392001 1350 EL PRADO BALBOA PARK SAN DIEGO CA 92101 MICAH D PARZEN PHD JD CEO 2020-01-30 true Cheryl Rhode P00234939 6196155380 2018 2020-09-22 18:59:49Z 1350 EL PRADO BALBOA PARK SAN DIEGO CA 92101 3744209 false false X WWW.MUSEUMOFMAN.ORG X 1915 CA INSPIRING HUMAN CONNECTIONS BY EXPLORING THE HUMAN EXPERIENCE. 29 29 98 178 -13242 -13242 1480580 1257193 2564157 2067981 192087 211991 76155 58763 4312979 3595928 0 0 3101840 3149222 0 406793 1627149 1634100 4728989 4783322 -416010 -1187394 8826020 7591800 435144 335627 8390876 7256173 THE SAN DIEGO MUSEUM OF MAN (SDMOM) IS LOCATED ON THE ANCESTRAL HOMELANDS OF THE KUMEYAAY NATION IN SAN DIEGOS BALBOA PARK, AND IS GUIDED BY ITS MISSION OF INSPIRING HUMAN CONNECTIONS BY EXPLORING THE HUMAN EXPERIENCE. OVER THE LAST DECADE, SDMOMS LEADERSHIP HAS INTRODUCED AND IMPLEMENTED A NEW STRATEGY THAT USES CONTEMPORARY SOCIAL ISSUES AND POPULAR CULTURE AS A SPRINGBOARD FOR EXPERIENCE-BASED EXPLORATIONS OF THE PAST, PRESENT, AND FUTURE OF WHAT IT MEANS TO BE HUMAN. FUNDAMENTAL TO THIS SHIFT IN STRATEGY IS AN APPROACH FOCUSED ON DECOLONIZING OUR WORK THAT PLACES THE PERSPECTIVES AND NEEDS OF INDIGENOUS COMMUNITIES AND OTHER UNDERREPRESENTED GROUPS AS AN INSTITUTIONAL PRIORITY. THE INTEGRATION OF A DECOLONIZED APPROACH INTO THE FABRIC OF OUR ORGANIZATIONAL STRUCTURE AND OPERATIONS IS GROUNDED IN A DESIRE TO CREATE A MORE INCLUSIVE, ACCESSIBLE, AND SOCIALLY JUST MUSEUM. THE MUSEUMS VISION IS TO BE SAN DIEGOS DYNAMIC PLACE TO GO TO LEARN FROM EACH OTHER, REFLECT ON OUR PLACE IN THE W false false 3157335 2073843 IN FISCAL YEAR 2019, SDMOM WELCOMED OVER 180,000 VISITORS THROUGH ITS DOORS. MIDWAY THROUGH THE YEAR, THE CITY OF SAN DIEGO BEGAN ITS SEISMIC RETROFIT PROJECT TO FORTIFY AND PRESERVE SDMOMS HISTORIC CALIFORNIA TOWER, ON AN UNEXPECTEDLY EXPEDITED START DATE. (BASED ON PRIOR DISCUSSIONS WITH THE CITY, WE HAD PLANNED FOR THE PROJECT TO BEGIN IN 2020.) THE PROJECT BEGAN IN FEBRUARY 2019 AND CREATED MANY CHALLENGES FOR OUR INSTITUTION DURING THE FISCAL YEAR. SINCE FEBRUARY 2019, CONSTRUCTION HAS RESTRICTED ACCESS TO SOME MUSEUM ENTRANCES AND RESULTED IN TEMPORARY EXHIBIT CLOSURES. ALTHOUGH WE HAVE EXPERIENCED REDUCED PAID ADMISSIONS REVENUE, ORIGINALLY EXPECTED TO REDUCE BY 65%, WE HAVE ONLY SEEN A 44% LOSS THUS FAR. THIS BETTER-THAN-EXPECTED PERFORMANCE HELPS HIGHLIGHT OUR ADAPTABILITY IN TIMES OF ADVERSITY AND OUR ABILITY TO ATTRACT VISITORS IN SPITE OF APPEARING AS A CONSTRUCTION ZONE AND TEMPORARY EXHIBIT CLOSURES. THE PROJECT WILL CONTINUE TO HAVE A FINANCIAL IMPACT THROUGH FISCAL YEAR 2020, BUT WE HAVE STRATEGICALLY GROWN OUR RESERVES FOR YEARS IN ANTICIPATION OF THIS PROJECT. IN JUNE 2019, SDMOM ENDED ITS FY19 WITH A SIGNFICANT DEFICIT. THE DEFICIT WAS DUE TO THE IMPACT OF THE CALIFORNIA TOWER SEISMIC RETROFIT PROJECT, WHICH AFFECTED EVERY ASPECT OF OUR OPERATIONS. IN PARTICULAR, CONSTRUCTION, ENTRANCE AND EXHIBIT CLOSURES, AND REDUCED ADMISSIONS REVENUE ASSOCIATED WITH THE CALIFORNIA TOWER SEISMIC RETROFIT PROJECT CAUSED A SIGNIFICANT DECREASE IN ADMISSIONS. SEPARATELY, SDMOM EXPENDED FINANCIAL RESOURCES PREPARING FOR THIS PROJECT AND THE CITYS PLAZA DE PANAMA PROJECT, DESIGNED TO ADD PARKING AND RETURN BALBOA PARK TO ITS PEDESTRIAN-ONLY STATUS. ALTHOUGH THE PLAZA DE PANAMA PROJECT NEVER CAME TO FRUITION, SDMOM HAD TO MAKE FINANCIAL INVESTMENTS IN PREPARATION FOR THE PROJECT FAR IN ADVANCE OF THE PLAZA DE PANAMA PROJECT. ULTIMATELY, THOSE WERE WORTHWHILE INVESTMENTS THAT HELP FORTIFY OUR CULTURAL RESOURCE DEPARTMENTS CAPACITY TO PROPERLY STEWARD THE ITEMS UNDER OUR PURVIEW. OUR OPERATING DEFICIT IS ALSO A PRODUCT OF LONG-OVERDUE STRATEGIC INVESTMENTS IN THE FUTURE VISION OF OUR INSTITUTION. EVEN THOUGH THIS HAS INCURRED SHORT-TERM COSTS, THE INVESTMENTS ARE NECESSARY FOR OUR LONG-TERM SUSTAINABILITY AS WE DEVELOP A MASTER PLAN FOR A REIMAGINED VISITOR EXPERIENCE.EXHIBITS 541978 39550 EDUCATION, PUBLIC PROGRAMS AND PROGRAM EVENTS--OUR CORE OFFERINGS INCLUDE STUDENT AND ADULT TOURS, GUIDED EXPERIENCES, AND WORKSHOPS. OUR RACE: ARE WE SO DIFFERENT? TOUR AND WORKSHOPS FOR COLLEGE STUDENTS AND ADULT GROUPS OFFER AN IN-DEPTH OPPORTUNITY TO FEEL, THINK, ACT, AND REFLECT ON STRUCTURAL RACISM AND PERSONAL IDENTITY. OUR NEWEST STUDENT PROGRAM IS A GUIDED EXPERIENCE OF OUR LIVING WITH ANIMALS EXHIBIT, FOCUSED ON SCIENCE AND CULTURE THE TOUR IS GEARED TOWARDS ELEMENTARY AND MIDDLE SCHOOL STUDENTS. WE CONTINUE TO OFFER TOURS OF OUR ANCIENT EGYPT, KUMEYAAY, AND MAYA EXHIBITS TO SCHOOL GROUPS. IN FISCAL YEAR 2019, SDMOMS EDUCATION AND PUBLIC PROGRAMS SERVED OVER 13,850 K-12 STUDENTS AND ADULTS. CULTURAL RESOURCES- THE MUSEUMS DECOLONIZING STRATEGY IS FRONT AND CENTER IN THE DEPARTMENT OF CULTURAL RESOURCES WHICH IS TASKED WITH STEWARDING MORE THAN 150,000 DOCUMENTED ETHNOGRAPHIC MATERIALS, MORE THAN 500,000 ARCHAEOLOGICAL CULTURAL RESOURCES, AND OVER 100,000 PHOTOGRAPHIC IMAGES. TO THAT END, SDMOM PASSED POLICIES IN 2017 AND 2018 THAT REQUIRE DOCUMENTED CONSENT FROM DESCENDANT COMMUNITIES TO HOLD ANCESTRAL REMAINS OR ANY INDIGENOUS BELONGINGS AT THE MUSEUM. THESE POLICIES COMMIT SDMOM TO THE REPATRIATION OF ANY ITEM THAT CAME INTO CULTURAL RESOURCES THROUGH A COLONIAL PATHWAY, UNLESS THE MUSEUM HAS RECEIVED INFORMED CONSENT FROM THE ASSOCIATED COMMUNITY. STAFF PREPAREDNESS - OVER THE LAST YEAR, SDMOM HAS ENGAGED ALL STAFF MEMBERS AND TRUSTEES IN TRAININGS TO BETTER PREPARE THE INSTITUTION TO ACHIEVE ITS GOALS. TOPICS INCLUDED: DIVERSITY, EQUITY, ACCESS AND INCLUSION, AND INDIGENOUS CULTURAL COMPETENCY. TRAININGS ARE ONGOING. SDMOM IS CURRENTLY ENGAGED IN LONG-TERM VISITOR EXPERIENCE AND ARCHITECTURAL MASTER PLANNING PROJECT, WHICH INCLUDES A PLANNED NAME CHANGE AND REBRANDING THAT BETTER REFLECTS OUR INSTITUTIONAL VALUES. THE MUSEUM HOLDS ACCREDITATION BY THE AMERICAN ALLIANCE OF MUSEUMS AND IS AN AFFILIATE OF THE SMITHSONIAN INSTITUTION. ON JANUARY 25, 2018, THE NONPROFIT INSTITUTE AT THE UNIVERSITY OF SAN DIEGO AWARDED SDMOM THE KALEIDOSCOPE AWARD FOR GOOD GOVERNANCE. CHARITY NAVIGATOR HAS RATED SDMOM AT FOUR OUT OF FOUR STARS FOR THE PAST SIX CONSECUTIVE YEARS.IN ADDITION TO PUBLIC PROGRAM, PARTICULARLY RELATED TO OUR RACE: ARE WE SO DIFFERENT AND POSTSECRET EXHIBITS, SDMOM OFFERS MUSEUM AND CHAPEL RENTALS FOR CORPORATE EVENTS, WEDDINGS, RECEPTIONS, AND OTHER PRIVATE EVENTS. 3699313 true true false false false false false true false true true false false false false true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false true 22 0 true 98 true true true false false false false true true false 0 false false false false false false false false false false false false X 29 29 false false false false false false false true true false false true true true true true true true true false CA X X MICAH D PARZEN 6192392001 1350 EL PRADO BALBOA PARK SAN DIEGO CA 92101 GEORGE RAMIREZ Trustee 1.00 0.00 X 0 0 0 SARAH DAWE Trustee 1.00 0.00 X 0 0 0 MARK DILLON Chairman 1.00 0.00 X X 0 0 0 PHIL WHITE Trustee 1.00 0.00 X 0 0 0 ROCKETTE EWELL Secretary 1.00 0.00 X X 0 0 0 MARIANO DIAZ Trustee 1.00 0.00 X 0 0 0 DANA HARREL Trustee 1.00 0.00 X 0 0 0 ERNIE LIGON Trustee 1.00 0.00 X 0 0 0 RICKY SHABAZZ Trustee 1.00 0.00 X 0 0 0 BILL MAYER Trustee 1.00 0.00 X 0 0 0 NORA JAFFE Trustee 1.00 0.00 X 0 0 0 ABE ORDOVER Trustee 1.00 0.00 X 0 0 0 JARROD RUSSELL Trustee 1.00 0.00 X 0 0 0 ROCKWELL SHAH Trustee 1.00 0.00 X 0 0 0 ELLEN WADDELL Vice Chair 1.00 0.00 X X 0 0 0 REBECCA DICKINSON-WELCH Trustee 1.00 0.00 X 0 0 0 DEAN WILSON Trustee 1.00 0.00 X 0 0 0 MICK FARRELL Trustee 1.00 0.00 X 0 0 0 JASON HARTLEY Trustee 1.00 0.00 X 0 0 0 DON HOWELLS Trustee 1.00 0.00 X 0 0 0 JOHANNA AYLSWORTH Trustee 1.00 0.00 X 0 0 0 RICK PETERS Trustee 1.00 0.00 X 0 0 0 CYNDI FULLER Treasurer 1.00 0.00 X X 0 0 0 MARK KASSAB Trustee 1.00 0.00 X 0 0 0 BASIL KATZ Trustee 1.00 0.00 X 0 0 0 CHRIS LOUGHRIDGE Trustee 1.00 0.00 X 0 0 0 LOU MURILLO Trustee 1.00 0.00 X 0 0 0 PATTI PEREZ Trustee 1.00 0.00 X 0 0 0 SID VOORAKKARA Trustee 1.00 0.00 X 0 0 0 MICAH D PARZEN PHD JD CEO 40.00 0.00 X 203334 0 11848 TABITHA MCMAHON CFO 40.00 0.00 X 113077 0 0 CLAUDIA EHRLICH Chief Dev. Off. 40.00 0.00 X 144510 0 2755 BEN GARCIA DEPUTY DIRECTOR 40.00 0.00 X 125995 0 524 586916 15127 4 false true false PROJECT RENATE 5724 NE 12TH AVE PORTLAND OR 97211 CONSULTING 250565 1 546715 710478 1257193 ADMISSIONS 900099 1996097 1996097 EDUCATION CLASSES/CAMPS 900099 30325 30325 MEMBERSHIP DUES 900099 32334 32334 MUSEUM PROGRAM EVENTS 900099 9225 9225 2067981 211991 211991 0 36203 36203 91678 104920 -13242 -13242 -13242 0 11902 14908 -3006 -3006 0 58052 28453 29599 29599 OTHER INCOME 900099 9209 9209 9209 3595928 2113393 -13242 238584 X 0 0 0 0 470050 351296 66247 52507 0 2200570 1706138 242574 251858 0 214510 165686 15877 32947 264092 201533 33140 29419 0 0 0 0 0 0 528912 348908 179127 877 112076 112076 176159 87478 74552 14129 0 0 0 0 0 52962 18679 26138 8145 0 0 261702 251234 5234 5234 0 FACILITIES MAINTENANCE 277457 263980 9062 4415 FEES & OTHER CHARGES 89660 87027 2633 EXHIBIT & EVENT COSTS 73066 73066 PROFESSIONAL DEVELOPMENT 32547 9502 18416 4629 29559 22710 6849 4783322 3699313 677216 406793 63598 26778 147176 176373 0 278096 340775 0 0 0 19636 20512 3975 0 3771252 2130378 1762368 1640874 6551171 5386488 0 0 0 0 8826020 7591800 410228 316690 24916 18937 435144 335627 X 7817716 6513212 173160 306246 400000 436715 8390876 7256173 8826020 7591800 -1187394 70033 -17342 X false true X true false X 2678227 1217304 1402954 1535462 1289527 8123474 0 0 2678227 1217304 1402954 1535462 1289527 8123474 295041 7828433 190424 223481 261040 192087 211991 1079023 4025 -11196 -2037 -24512 -13242 -46962 10826 10715 32469 33784 9209 97003 9252538 0.84610 0.84600 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X false 432773 3942 436715 427401 5372 432773 419470 7931 427401 419523 -53 419470 69462 350000 61 419523 0.91590 0.08410 true false false 1211531 835247 376284 15507 9045 6462 2544214 1286086 1258128 1640874 X 3904773 70033 90531 148281 308845 3595928 3595928 5022134 90531 148281 238812 4783322 4783322 Part III, Line 1a: If organization elected under SFAS 116 to not report are, historical treasures, o IN CONFORMITY WITH THE PRACTICE FOLLOWED BY MANY MUSEUMS, CULTURAL RESOURCES PURCHASED BY OR DONATED TO THE SAN DIEGO MUSEUM OF MAN (SDMOM) ARE NOT CAPITALIZED IN THE STATEMENT OF FINANCIAL POSITION. SDMOMS CULTURAL RESOURCES TOTAL OVER 400,000 ETHNOGRAPHIC BIOLOGICAL AND ARCHAEOLOGICAL OBJECTS, NEARLY 50,000 PHOTOGRAPHIC IMAGES, AND 33,000 SCIENTIFIC PUBLICATIONS. THE PRIMARY ETHNOGRAPHIC COLLECTIONS INCLUDE TEXTILES, POTTERY, BEAD WORK, JEWELRY, CERAMICS, CARVINGS, WEAPONS, AND COSTUMES PRIMARILY FROM THE WESTERN HEMISPHERE WITH STRENGTHS IN EGYPT, CALIFORNIA, THE SOUTHWEST, MEXICO, AND WESTERN SOUTH AMERICA. PHYSICAL ANTHROPOLOGY IS REPRESENTED WITH SKELETAL COLLECTIONS OF ANCIENT AND MODERN BONE DISEASES AND CASTS DOCUMENTING HUMAN EVOLUTION. CULTURAL RESOURCES ARE CATALOGUED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. PURCHASED CULTURAL RESOURCES ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED, OR IN TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS IF THE NET ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY THE DONOR. CONTRIBUTED CULTURAL RESOURCES ARE EXCLUDED FROM THE FINANCIAL STATEMENTS. WHEN PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE RECEIVED, THEY ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. Part III, Line 4: Description of organization's collections and how it furthers its purpose. THE SAN DIEGO MUSEUM OF MAN (SDMOM) IS SAN DIEGOS ONLY INSTITUTION DEDICATED TO ANTHROPOLOGY AND ARCHAEOLOGY AND HAS DISTINGUISHED ITSELF NATIONALLY WITH ITS EXTENSIVE PHYSICAL AND ETHNOGRAPHIC CULTURAL RESOURCES, PUBLICATIONS AND RESEARCH, EDUCATIONAL PROGRAMS, AND EXHIBITS THAT IN ACCORDANCE WITH ITS MISSION, INSPIRING HUMAN CONNECTIONS BY EXPLORING THE HUMAN EXPERIENCE. EACH YEAR, SDMOM SERVES OVER 200,000 VISITORS, INCLUDING 55,000 CHILDREN AND ADOLESCENTS. Part V, Line 4: Intended uses of the endowment fund. INTEREST FROM THE ENDOWMENT FUNDS ARE USED FOR GENERAL OPERATIONS OF THE MUSEUM, UNLESS OTHERWISE RESTRICTED. Part X : FIN48 Footnote SDMoM is exempt from federal income tax pursuant to Section 501(c)(3) of the Internal Revenue Code and is also exempt from state income tax. The Financial Accounting Standards Board (FASB) issued Accounting Standards Codification No. 740-10, Accounting for Uncertainties in Income Taxes, which sets a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. SDMoM has reviewed its positions for all open tax years and has determined that it has no uncertain tax positions requiring accrual or disclosure. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 COST OF MUSEUM STORE SALES $28453 FACILITY RENTAL EXPENSES $104920 EVENT EXPENSE $14908 Part XII, Line 2d: Other expenses and losses per audited F/S EVENT EXPENSE $14908 FACILITY RENTAL $104920 COST OF MUSEUM STORE SALES $28453 X X X X X false false false false false false false false false false MICAH D PARZEN PHD JD CEO 203334 11848 215182 Form 990, Part VI, Line 11b: Form 990 Review Process THE REVIEW OF THE 990 IS A MULTI-STEP PROCESS:1.THE FINANCIAL STATEMENTS, WHICH ARE AUDITED BY INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS, ARE A SOURCE DOCUMENT FOR THE 990. SENIOR MANAGEMENT AND THE INDEPENDENT AUDITORS PRESENT A DRAFT OF THE AUDITED STATEMENTS TO THE AUDIT COMMITTEE. THE CHAIR OF THE AUDIT COMMITTEE ALONG WITH THE CHIEF FINANCIAL OFFICER THEN PRESENT THE FINANCIAL STATEMENTS TO THE FULL BOARD FOR ACCEPTANCE.2.SENIOR MANAGEMENT PRESENTS AND REVIEWS A DRAFT OF THE 990 TO THE BOARD OF TRUSTEES INTERNAL WELLBEING COMMITTEE. ADDITIONAL REVIEW AND TRUSTEE EDUCATION IS PROVIDED BY A BOARD MEMBER WITH A CPA AND EXTENSIVE EXPERIENCE IN 990 PREPARATION.3.THE DRAFT OF THE 990 IS DISTRIBUTED TO THE FULL BOARD, AND ALL TRUSTEES HAVE THE OPPORTUNITY TO REVIEW AND COMMENT BEFORE THE 990 IS FINALIZED. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts THE MUSEUMS CONFLICT OF INTEREST POLICY IS REVIEWED WITH ALL BOARD MEMBERS ANNUALLY. EACH TRUSTEE IS ASKED TO REVIEW THE POLICY, DISCLOSE ANY POTENTIAL CONFLICTS AND SIGN THE POLICY.THE FOLLOWING PROCEDURES ARE PART OF THE MUSEUMS CONFLICT OF INTEREST POLICY:1.ANY POTENTIAL CONFLICT OF INTEREST THAT MAY AFFECT A MATTER UNDER CONSIDERATION SHALL BE DISCLOSED BY THE TRUSTEE TO THE BOARD AND MADE A MATTER OF RECORD AS SOON AS THE POSSIBLE CONFLICT IS DETERMINED.2.THE INTERESTED TRUSTEE SHALL NOT VOTE ON SUCH MATTER AND SHALL NOT ATTEMPT TO EXERT INFLUENCE IN CONNECTION WITH THE MATTER. HE OR SHE MAY BE PRESENT AT THE MEETING OF THE BOARD OR COMMITTEE, BUT HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST.3.THE MINUTES OF THE MEETING SHALL REFLECT THAT A DISCLOSURE WAS MADE AND THE INTERESTED TRUSTEES ABSTENTION FROM VOTING.4.A TRUSTEE WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY, FROM THE CORPORATION FOR SERVICES IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THAT TRUSTEES COMPENSATION.5.A MEMBER OF ANY COMMITTEE WHOSE JURISDICTION INCLUDES COMPENSATION MATTERS AND WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY, FROM THE CORPORATION FOR SERVICES IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THAT MEMBERS COMPENSATION. 6.NO TRUSTEE OR COMMITTEE MEMBER WHOSE JURISDICTION INCLUDES COMPENSATION MATTERS AND WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY, FROM THE CORPORATION, EITHER INDIVIDUALLY OR COLLECTIVELY, IS PROHIBITED FROM PROVIDING INFORMATION TO ANY COMMITTEE REGARDING COMPENSATION. 7.FOR ANY MATTER IN WHICH THE TRUSTEE HAS A MATERIAL FINANCIAL INTEREST, THE FOLLOWING ADDITIONAL PROCEDURES SHALL APPLY PRIOR TO ENTERING INTO THE TRANSACTION:a.THE BOARD DETERMINES IN GOOD FAITH THAT THE CORPORATION WILL ENTER INTO THE TRANSACTION FOR ITS OWN BENEFIT;b.THE BOARD DETERMINES IN GOOD FAITH THAT THE TRANSACTION IS FAIR AND REASONABLE TO THE CORPORATION; ANDc.THE BOARD DETERMINES IN GOOD FAITH AFTER REASONABLE INVESTIGATION THAT THE CORPORATION COULD NOT HAVE OBTAINED A MORE ADVANTAGEOUS ARRANGEMENT WITH REASONABLE EFFORT UNDER THE CIRCUMSTANCES.d.IF THE TRANSACTION IS TO BE CONSIDERED FOR APPROVAL BY A COMMITTEE ANDi.IT WAS NOT REASONABLY PRACTICABLE TO OBTAIN APPROVAL OF THE FULL BOARD PRIOR TO ENTERING INTO THE TRANSACTION; ANDii.THE BOARD, AFTER DETERMINING THAT THE CONDITIONS OF SECTIONS 7A AND 7B OF THE CONFLICT OF INTEREST POLICY WERE SATISFIED, RATIFIES THE TRANSACTION AT ITS NEXT MEETING FOLLOWING APPROVAL BY THE COMMITTEE BY A VOTE OF A MAJORITY OF THE TRUSTEES THEN IN OFFICE WITHOUT COUNTING THE VOTE OF THE INTERESTED TRUSTEE.8.ANY PERSON WHO HAS KNOWLEDGE OF ANY ACTION OR CONDUCT THAT APPEARS CONTRARY TO SDMOMS CONFLICT OF INTEREST POLICY AND PROCEDURES SHALL REPORT THE SAME TO THE CEO OF THE CORPORATION OR THE CHAIRPERSON OF THE BOARD.9.SDMOMS CONFLICT OF INTEREST POLICY AND PROCEDURES APPLY TO THE MEMBERS OF A COMMITTEE OF THE BOARD AS IF EACH COMMITTEE MEMBER WERE A TRUSTEE.10.EACH TRUSTEE MUST BE ADVISED OF SDMOMS CONFLICT OF INTEREST POLICY AND PROCEDURES PRIOR TO COMMENCEMENT OF THE TRUSTEES TERM OF OFFICE. IF A TRUSTEE OR SOMEONE WITH WHOM A TRUSTEE HAS A CLOSE RELATIONSHIP (I.E. A FAMILY MEMBER OR CLOSE COMPANION) HAS OR HAS HAD, A FINANCIAL, EMPLOYMENT, OR PERSONAL RELATIONSHIP WITH AN APPLICANT, GRANTEE, OR VENDOR TO THE CORPORATION, THE TRUSTEE MUST DISCLOSE THIS FACT IN WRITING TO THE CORPORATE SECRETARY. EACH TRUSTEE AND MEMBER OF A COMMITTEE WITH DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: (1) HAS RECEIVED A COPY OF SDMOMS CONFLICT OF INTEREST POLICY AND PROCEDURES; (2) HAS READ AND UNDERSTANDS THE POLICY AND PROCEDURES; (3) HAS AGREED TO COMPLY WITH THE POLICY AND PROCEDURES; AND (4) UNDERSTANDS THE CORPORATION IS CHARITABLE AND TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.11.A MASTER LIST OF ALL DISCLOSED POTENTIAL CONFLICTS OF INTEREST IS COMPILED ANNUALLY AND REVIEWED PERIODICALLY TO ENSURE COMPLIANCE. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management ANNUALLY, THE CHIEF FINANCIAL OFFICER PREPARES AN ANALYSIS OF COMPENSATION OF THE MUSEUMS CEO TO PRESENT TO THE INTERNAL WELLBEING COMMITTEE, ALONG WITH DATA PERIODICALLY OBTAINED FROM AN EXECUTIVE COMPENSATION CONSULTANT. THE ANALYSIS CONSIDERS DATA FROM THE CALIFORNIA ASSOCIATION OF MUSEUMS AND THE AMERICAN ALLIANCE OF MUSEUMS FINANCIAL AND SALARY SURVEY DATA AND OTHER AVAILABLE NONPROFIT COMPENSATION SURVEYS. THE INTERNAL WELLBEING COMMITTEE REVIEWS AND APPROVES THE COMPENSATION FOR THE CEO BASED ON THE COMPARABILITY DATA AND PERFORMANCE. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees THE INTERNAL WELLBEING COMMITTEE, AND THEN THE FULL BOARD, REVIEWS THE ANNUAL COMPENSATION OF ALL KEY EMPLOYEES AS PART OF THE COMPREHENSIVE BUDGET REVIEW AND APPROVAL PROCESS. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available THE MUSEUM POSTS THE LAST THREE YEARS OF ITS FORM 990 INFORMATION RETURNS AND AUDITED FINANCIAL STATEMENTS ON ITS WEBSITE: WWW.MUSEUMOFMAN.ORG.THE MUSEUMS GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.