2019-11-15T09:22:09-06:00 2018-12-31 390758449 WIPFLI LLP 100 TRI-STATE INTERNATIONAL SUITE 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 2019-11-13 1 ALEX PEKLER P00878587 8479410100 2019-11-13 12.187.112.90 2019-11-13 15:02:06 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 5DB8EC8A8DFDFEE202C5FF38F203C5A26C3D617D 2018 2020-03-31 21:24:44Z SUSY SCHULTZ 360 N STATE STREET CHICAGO IL 606545411 1825186 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 38056 0 411218 361314 432353 994030 -2659 11 55254 204891 896166 1560246 0 0 0 0 242154 288552 0 0 265059 971970 1944950 1214124 2233502 -317958 -673256 15118819 14431168 4340624 4645551 10778195 9785617 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 618635 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 1259891 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 0 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 & CEO 55.00 X X 0 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 ALICIA HAYWOOD DIRECTOR 1.00 X 0 0 0 JULIAN JACKSON EXECUTIVE DIRECTOR 40.00 X X 57115 0 0 SUSY SCHULTZ DIRECTOR 1.00 X 0 0 0 BRAD SPIRRISON DIRECTOR 1.00 X 0 0 0 PAUL VALLAS DIRECTOR 1.00 X 0 0 0 LARK LUX DIRECTOR OF PROGRAMMING 40.00 X X 31505 0 0 88620 0 0 0 0 0 0 0 4498 356816 361314 ADMISSIONS 515100 994030 994030 994030 11 11 28000 0 28000 28000 28000 409165 262270 146895 146895 12726 2670 10056 10056 OTHER 900099 19940 19940 19940 1560246 1013970 38056 146906 183022 36605 82360 64057 91279 42317 37152 11810 14251 2851 6412 4988 72229 7223 61395 3611 35790 3579 30421 1790 113881 91106 22775 30400 14094 12373 3933 17513 8119 7128 2266 5591 2592 2276 723 171806 79649 69927 22230 1099458 785779 238014 75665 26633 12346 10841 3446 EXHIBITS & EVENTS 118029 54718 48039 15272 UTILITIES 111810 51836 45507 14467 REPAIRS & MAINTENANCE 104439 48418 42508 13513 MISCELLANEOUS 34882 16170 14199 4513 2489 2489 2233502 1259891 708552 265059 125246 16400 202359 249451 17538346 3405229 14774747 14133117 16467 32200 15118819 14431168 1972732 237996 4595 5995 2363297 4401560 4340624 4645551 X 10642525 9785617 135670 0 10778195 9785617 15118819 14431168 X -673256 -319322 X X 0 1 X 1 0 X 818232 961739 607966 670694 623576 3682207 112457 79685 82389 446627 1011254 1732412 930689 1041424 690355 1117321 1634830 5414619 0 0 0 5414619 1112 -1814 -1029 -2659 11 -4379 1112 -1814 -1029 -2659 11 -4379 47028 47028 978829 1039610 689326 1114662 1634841 5457268 0.99220 0.98930 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 2922034 2922034 13301983 3131907 10170076 182684 99122 83562 1131645 174200 957445 14133117 1634841 74595 74595 1560246 0 1560246 2236172 2670 2670 2233502 0 2233502 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.