2020-04-13T14:17:02-05:00 2018-12-31 390758449 WIPFLI LLP 100 TRI-STATE INTERNATIONAL STE 300 LINCOLNSHIRE IL 60069 990 2018-01-01 363277311 MUSEUM OF BROADCAST COMMUNICATIONS MUSE 3122458200 360 N STATE STREET CHICAGO IL 606545411 BRUCE DUMONT EXECUTIVE DIRECTOR 3122458200 2020-03-22 1 ALEX PEKLER P00878587 8479410100 2020-03-22 73.9.115.133 2020-03-22 18:47:07 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 E419F3F076003100F19B2119275EF25D0FDB5196 2018 2021-01-29 14:40:06Z X SUSY SCHULTZ 360 N STATE STREET CHICAGO IL 606545411 1887699 0 X WWW.MUSEUM.TV X 1983 IL COLLECT, PRESERVE AND INTERPRET HISTORICAL DOCUMENTATION FROM THE FIELDS OF RADIO AND TELEVISION. 14 12 4 1 13356 0 411218 386014 432353 912693 -2659 11 55254 324041 896166 1622759 0 0 0 0 242154 667401 0 0 263995 971970 1735576 1214124 2402977 -317958 -780218 14520496 13655243 4404917 4639204 10115579 9016039 X THE MISSION OF THE MUSEUM OF BROADCAST COMMUNICATIONS (MBC) IS TO COLLECT, PRESERVE, AND PRESENT HISTORIC AND CONTEMPORARY RADIO AND TELEVISION CONTENT AS WELL AS EDUCATE, INFORM, AND ENTERTAIN THE PUBLIC THROUGH ITS ARCHIVES, PUBLIC PROGRAMS, SCREENINGS, EXHIBITS, PUBLICATIONS AND ONLINE ACCESS TO ITS RESOURCES. 0 0 791905 994030 MUSEUM - TO MAINTAIN A MUSEUM OF BROADCAST MEDIA OPEN TO THE PUBLIC 512003 ARCHIVES - RESEARCH, COLLECTION, AND PRESERVATION AND DIGITIZATION OF MEDIA 129253 EDUCATIONAL PUBLIC PROGRAMS - TO HOST PUBLIC PROGRAMS RELATED TO THE ORGANIZATIONS MISSION 1433161 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 18 0 4 1 1 1 0 0 0 0 0 0 0 0 0 X 14 12 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 IL X VITO FERRARA 3122458200 360 NORTH STATE STREET CHICAGO IL 60654 LARRY WERT CHAIRMAN 1.00 X X 0 0 0 BRUCE DUMONT PRESIDENT EMERITUS & FOUNDER 10.00 X 12000 0 0 DAVID PLIER VICE PRESIDENT & SECRETARY 1.00 X X 0 0 0 DAVID BART VICE PRESIDENT & TREASURER 1.00 X X 0 0 0 MICHAEL ANDERSON DIRECTOR 1.00 X 0 0 0 KRAIG T KITCHIN DIRECTOR 1.00 X 0 0 0 JACK WEINBERG DIRECTOR 1.00 X 0 0 0 DENNIS GREEN DIRECTOR 1.00 X 0 0 0 JULIAN JACKSON EXECUTIVE DIRECTOR 40.00 X X 75000 0 0 BRAD SPIRRISON DIRECTOR 1.00 X 0 0 0 LARK LUX DIRECTOR OF OPERATIONS 40.00 X X 31505 0 0 118505 0 0 0 0 0 0 0 4498 381516 386014 ADMISSIONS 515100 912693 912693 912693 11 11 3300 0 3300 3300 3300 409165 262270 146895 146895 12726 2670 10056 10056 OTHER 900099 163790 163790 163790 1622759 1076483 13356 146906 183022 36605 82360 64057 439820 390858 37152 11810 44559 33159 6412 4988 72759 7223 61925 3611 35790 3579 30421 1790 113881 91106 22775 22178 10282 9027 2869 17513 8119 7128 2266 5591 2592 2276 723 171806 79649 69927 22230 584785 271106 238014 75665 26633 12346 10841 3446 EXHIBITS & EVENTS 244238 180927 48039 15272 SALES TAXES 186698 186698 UTILITIES 111810 51836 45507 14467 REPAIRS & MAINTENANCE 104439 48418 42508 13513 37455 18658 14284 4513 2402977 1433161 705821 263995 125246 16399 202358 21951 16 17538346 3937186 14185437 13601160 509 6946 15717 14520496 13655243 138986 231649 4595 5995 4261336 4401560 4404917 4639204 X 10115579 9016039 10115579 9016039 14520496 13655243 X -780218 -319322 X X 0 1 X 1 0 X 818232 961739 607966 670694 695501 3754132 112457 79685 82389 446627 929917 1651075 930689 1041424 690355 1117321 1625418 5405207 0 0 0 5405207 1112 -1814 -1029 -2659 11 -4379 1112 -1814 -1029 -2659 11 -4379 47028 47028 978829 1039610 689326 1114662 1625429 5447856 0.99220 0.98930 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 2922034 2922034 13301983 3131907 10170076 180683 99122 81561 1133646 706157 427489 13601160 1625429 2670 2670 1622759 0 1622759 2405647 2670 2670 2402977 0 2402977 PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES PART III, LINE 1A IN CONFORMITY WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA, THE ORGANIZATION HAS ELECTED NOT TO CAPITALIZE DONATIONS OF HISTORICAL BROADCASTING ITEMS THAT ARE ADDED TO COLLECTIONS HELD FOR DISPLAY. PART X, LINE 2 PART X, LINE 2 THE ORGANIZATION HAS RECEIVED A FAVORABLE DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE AND THEREFORE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION BELIEVES IT IS NO LONGER SUBJECT TO EXAMINATION FOR YEARS BEFORE 2015. PART III, LINE 4 ARTIFACTS AND MEDIA FROM RADIO AND TELEVISION WHICH REQUIRE PRESERVATION AND OFFER HISTORICAL RESEARCH AND EDUCATIONAL EXHIBITRY. RADIO HALL OF FAME 409165 409165 262270 409165 409165 262270 262270 146895 FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEE OF THE ORGANIZATION HAS THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER AND THE PRESIDENT REVIEW A DRAFT OF FORM 990. ANY ISSUES ARE DISCUSSED WITH THE PREPARER AND THEN THE FINAL RETURN IS ISSUED AND THE PRESIDENT SIGNS AT THE NEXT BOARD OF DIRECTORS MEETING. THE TREASURER WILL PRESENT THE FORM 990 ANY QUESTIONS WILL BE ADDRESSED FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY THE BOOKKEEPER DISTRIBUTES THE DISCLOSURE DOCUMENTS, WHICH ARE COMPLETED AND SIGNED BY THE BOARD THE SIGNED DOCUMENTS ARE MAINTAINED IN FILE WITH THE BY-LAWS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE GIVES THE RECOMMENDATION TO THE BOARD OF DIRECTORS BY AFFIRMATIVE VOTE OF A MAJORITY OF DIRECTORS THEN IN OFFICE AND IRRESPECTIVE OF ANY PERSONAL INTEREST OF ANY DIRECTOR, SHALL HAVE AUTHORITY TO ESTABLISH REASONABLE COMPENSATION OF ALL OFFICERS FOR THEIR SERVICES. NO OFFICER SHALL BE PREVENTED FROM RECEIVING SUCH COMPENSATION BY REASON OF BEING A DIRECTOR OR MEMBER. THE PRESIDENT AND OTHER STAFF MEMBERS' COMPENSATION IS OUTLINED IN THE BUDGET, WHICH IS REVIEWED BY THE DIRECTORS AT THE DECEMBER ANNUAL MEETING AND APPROVED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CONTRIBUTIONS -319,322. FORM 990, PART XII, LINE 2C: THERE WERE NO CHANGES TO THE AUDIT SELECTION PROCESS FROM THE PRIOR YEAR.