2019-11-13T20:20:39-06:00 2018-12-31 BKD LLP 3102 WEST END AVENUE SUITE 1050 NASHVILLE TN 372031301 990 2018-01-01 742519972 NATIONAL CORVETTE MUSEUM FOUNDATION INC % KELLIE CRAWFORD NATI 2707817973 350 CORVETTE DRIVE BOWLING GREEN KY 42101 KELLIE CRAWFORD FINANCE DIRECTOR 2704678821 2019-11-13 true JESSICA FREEMAN P01261457 6159883600 2019-11-13 167.68.126.162 62536020193175000004 2019-11-13 P D96EEA1EFD704BF3A6FD0CFD465A7C805E74B28F 960E2682245B9F8FA4870C9892C8D144138B2C2B 2018 2020-04-17 16:48:07Z DR SEAN PRESTON 350 CORVETTE DRIVE BOWLING GREEN KY 42101 17731445 false X WWW.CORVETTEMUSEUM.ORG X 1988 NM THE NATIONAL CORVETTE MUSEUM FOUNDATION, INC'S PRIMARY MISSION IS TO PRESERVE THE HISTORY AND HERITAGE OF THE CORVETTE AUTOMOBILE AND TO EDUCATE THE PUBLIC AND SERVE ALL VISITORS. 14 13 130 360 2453210 814754 2069966 2149661 4255023 3543935 530637 301613 6765690 7262408 13621316 13257617 0 0 0 0 4178554 4527605 0 0 377722 6324979 5665021 10503533 10192626 3117783 3064991 61623675 63381321 10402033 9799444 51221642 53581877 X THE MUSEUM'S MISSION IS TO PRESERVE THE HISTORY AND HERITAGE OF THE CORVETTE, TO OPERATE AS A REPOSITORY FOR HISTORICAL CORVETTE DOCUMENTS, AND TO EDUCATE THE PUBLIC ON THE DESIGN, DEVELOPMENT, ASSEMBLY, AND HISTORY OF THE CORVETTE AND THE AUTOMOTIVE INDUSTRY. false false 2612334 1679095 TOURS AND EXHIBITS: THE NCM PROVIDED EDUCATIONAL TOURS TO 220,647 PEOPLE DURING 2018. 13,649 STUDENTS PARTICIPATED IN THE EDUCATIONAL TOURS. TOURS INCLUDE A 13 MINUTE VIDEO ON THE HISTORY OF THE CORVETTE AND EDUCATIONAL PERIOD-ERA EXHIBITS. ONE EXHIBIT INCLUDES A SCENE FROM THE CORVETTE ASSEMBLY PLANT AS WORKERS TALK FIRST HAND ABOUT THEIR CAREER OF BUILDING AUTOMOBILES. 996454 995093 SPECIAL EVENTS PROGRAMS: 7,760 PEOPLE PARTICIPATED IN THE SPECIAL EVENT PROGRAMS IN 2018. THIS INCLUDED EDUCATIONAL SEMINARS, PANEL DISCUSSIONS AND PRESENTATIONS FROM ENGINEERS, DESIGNERS AND OTHER EXPERTS IN THEIR FIELDS. THIS PROGRAM USES A SIGNIFICANT NUMBER OF VOLUNTEERS ALSO TO ASSIST IN RUNNING THE ACTIVITIES AND SEMINARS. 419218 39581 MARKETING & COMMUNICATIONS: AMERICA'S SPORTS CAR MAGAZINE IS A QUARTERLY PUBLICATION MAILED TO 28,000 HOUSEHOLDS, CLUBS, AND BUSINESSES THAT EDUCATES READERS ON HAPPENINGS AT THE NCM AND CORVETTE HISTORY, INCLUDING ARTICLES ON SPECIFIC EXHIBITS TO INFORM THOSE THAT CANNOT PHYSICALLY COME TO THE MUSEUM. NCM ENEWS IS A WEEKLY EMAIL COMMUNICATION SENT TO OVER 75,000 SUBSCRIBERS WITH SHORTER EDUCATIONAL STORIES/VIDEOS AND NEW ITEMS ON CORVETTE, THE MUSEUM, AND UPCOMING CAR SHOWS AND EVENTS. THE MUSEUM ALSO HAS ACCOUNTS ON YOUTUBE AND VIMEO OFFERING REGULAR VIDEO CONTENT ON VARIOUS CORVETTE TOPICS. THE MUSEUM WEBSITE IS ARESOURCE FOR RESERACHING CORVETTE, INCLUDING DETAILS ON EVERY MODEL YEAR. 2931223 2681903 6959229 true true false false false false false true false false true false false true true true false true false false false false false false false true false false false true false false false false false false false true true true false false false true true true false false true 51 25 true 130 true true true false false false false false false false false true false false false X 14 13 false false false false false false false true true false false true true true true true true true true false KY X KELLIE CRAWFORD 2707774517 350 CORVETTE DR BOWLING GREEN KY 42101 WENDELL STRODE EXECUTIVE DIRECTOR 40.0 10.0 X X 267389 0 32836 LON HELTON CHAIRMAN 2.0 2.0 X X 0 0 0 BUZZ MARSTON DIRECTOR 2.0 0.0 X 0 0 0 CARLTON COLCLOUGH DIRECTOR 2.0 0.0 X 0 0 0 DANA FORRESTER DIRECTOR 2.0 0.0 X 0 0 0 DAVE HEINEMANN DIRECTOR 2.0 0.0 X 0 0 0 DAVE TATMAN DIRECTOR 2.0 2.0 X 0 0 0 GLENN JOHNSON DIRECTOR 2.0 0.0 X 0 0 0 HARLAN CHARLES DIRECTOR 2.0 0.0 X 0 0 0 KAI SPANDE DIRECTOR 2.0 0.0 X 0 0 0 LESLIE GARDNER PAST CHAIRMAN 2.0 0.0 X 0 0 0 PAUL MARIANO DIRECTOR 2.0 0.0 X 0 0 0 RANDY FLOCK DIRECTOR 2.0 0.0 X 0 0 0 WES WONG DIRECTOR 2.0 2.0 X 0 0 0 CHRISTY THOMAS FINANCE & HR DIRECTOR 40.0 10.0 X 177180 0 19077 444569 0 51913 2 false true false DHI CONTRACTING 5429 THRELKEL FERRY RD BOWLING GREEN KY 42101 CONSTRUCTION 137899 DOUBLE D COMMERCIAL ROOFING 2179 CHERRY SPRINGS RD CUB RUN KY 42729 ROOFING 180824 JLB FLORIDA 600 W HILLSBORO BLVD DEERFIELD BEACH FL 33441 IT CONSULTING 103224 SCOTT MURPHY PO BOX 2520 BOWLING GREEN KY 42102 CONSTRUCTION 124628 SCOTTY'S CONTRACTING STONE LLC PO BOX 4500 BOWLING GREEN KY 42102 CONSTRUCTION SERVICE 155206 5 1156556 993105 3053 2149661 TOURS AND ADMISSION 711210 1679095 1679095 DELIVERY PROGRAM 611710 457514 457514 LIBRARY AND ARCHIVES RESOURCE CENTER 611710 372563 372563 AMERICA'S SPORTS CAR PUBLICATION 611710 39581 27000 12581 SPECIAL EVENTS PROGRAMS 611710 995182 995182 3543935 301613 301613 0 0 1300586 87080 1213506 0 1213506 1088991 124515 0 0 0 0 4603650 1848897 2754753 2754753 4454177 2537851 1916326 1851737 64589 INSURANCE INCOME 524298 983630 983630 MGMT SERVICES - MOTORSPORTS PARK 900099 303419 303419 MISC INCOME 900099 90774 90774 1377823 13257617 5383091 2453210 3271655 0 0 0 0 444569 186849 173155 84565 0 3215589 2529215 545604 140770 0 603361 428270 129728 45363 264086 201410 46825 15851 0 63098 63098 87836 87836 0 0 0 191680 14064 177616 159404 138496 20908 823692 611170 177880 34642 0 0 217566 217566 97630 63818 26729 7083 0 0 370674 370674 0 1532345 914239 618106 130626 126732 3894 SPECIAL EVENTS 786559 786559 LIBRARY AND ARCHIVES 116486 116486 FEES AND LICENSES 531037 307405 219761 3871 INCOME TAX EXPENSE 123588 123588 432800 316950 70273 45577 10192626 6959229 2855675 377722 0 0 3139315 4122070 0 0 35536 41159 0 0 0 0 0 0 575932 716678 327094 187796 54488153 16546706 38327650 37941447 12035306 11727905 0 0 0 0 0 0 7182842 8644266 61623675 63381321 696699 655406 0 0 710399 898054 0 0 0 0 0 0 8661144 7891899 0 0 333791 354085 10402033 9799444 X 49755936 52116171 1465706 1465706 0 0 51221642 53581877 61623675 63381321 X 3064991 -879988 175232 X false true X true false X 2686394 2085261 2006841 2069966 2149661 10998123 8772856 8384205 8151002 7797076 7837985 40943124 6713150 4868236 5386559 4740065 4603650 26311660 0 0 0 0 0 0 0 18172400 15337702 15544402 14607107 14591296 78252907 102282 69058 257228 142029 40926 611523 0 102282 69058 257228 142029 40926 611523 77641384 206349 278193 285577 385190 513208 1668517 94049 94049 206349 278193 285577 385190 607257 1762566 944521 2509305 2699253 368038 97280 6618397 93150 73393 113983 113182 90774 484482 19416420 18198593 18643215 15473517 15386607 87118352 0.89122 0.89046 0.02023 0.01649 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X false 6576137 6576137 25024921 8047568 16977353 3695847 2361813 1334034 2358212 1834955 523257 16833036 4302370 12530666 37941447 RAFFLE VEHICLE 67351 DEPOSITS 5611 INVESTMENT IN MOTORSPORTS PARK 8571304 8644266 0 ACCRUED INTEREST PAYABLE 30330 INTEREST RATE SWAP AGREEMENTS 125693 INTERCOMPANY DUE/FROM 198062 354085 SCHEDULE D, PART III, LINE 1 REPORTING OF COLLECTIONS ------------------------- IN CONFORMITY WITH THE PRACTICE FOLLOWED BY MANY MUSEUMS, SEVERAL AUTOMOBILES, STYLING MULES, POWER PLANTS AND CORVETTE DOCUMENTS DONATED TO THE MUSEUM ARE NOT INCLUDED IN THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. THE MAJORITY OF THE AUTOMOBILES ON DISPLAY AND IN STORAGE AT THE MUSEUM ARE ON LOAN FROM CORVETTE ENTHUSIASTS AND ARE NOT INCLUDED AS PART OF THE MUSEUM COLLECTION. MANAGEMENT BELIEVES THE MUSEUM HAS THE RESOURCES AND TECHNOLOGY TO APPROPRIATELY MAINTAIN THESE ARTIFACTS. SCHEDULE D, PART III, LINE 4 MAINTAINING COLLECTIONS ----------------------- THE MUSEUM'S COLLECTION INCLUDES VEHICLES, CLAY MODELS, HISTORICAL MEMORABILIA, MAGAZINES, PERIODICALS, VIDEOS, SKETCHES, DOCUMENTS, BUILD SHEETS, AND MANY OTHER ITEMS THAT DOCUMENT AND PRESERVE THE HISTORY OF THE CORVETTE. MANY OF THESE ITEMS ARE AVAILABLE FOR VIEWING, FOR RESEARCH AND FOR EDUCATIONAL PURPOSES. SCHEDULE D, PART X, LINE 2 INCOME TAX DISCLOSURE --------------------- THE MUSEUM IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR PROVISION OF STATE LAW. HOWEVER, THE MUSEUM IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME, WHICH INCLUDES INCOME FROM COMMISSIONS ON ITS COLLECTOR CAR INSURANCE AGENCY AND TAXABLE INCOME FROM THE LEASE OF PROPERTY AND SERVICES TO ITS SUBSIDIARY. THE MUSEUM FILES TAX RETURNS IN UNITED STATES FEDERAL JURISDICTION. NCM MOTORSPORTS PARK ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH INCOME TAX ACCOUNTING GUIDANCE (ASC 740, INCOME TAXES). THE INCOME TAX ACCOUNTING GUIDANCE RESULTS IN TWO COMPONENTS OF INCOME TAX EXPENSE: CURRENT AND DEFERRED. CURRENT INCOME TAX EXPENSE REFLECTS TAXES TO BE PAID OR REFUNDED FOR THE CURRENT PERIOD BY APPLYING THE PROVISIONS OF THE ENACTED TAX LAW TO THE TAXABLE INCOME OR EXCESS OF DEDUCTIONS OVER REVENUES. NCM MOTORSPORTS PARK DETERMINES DEFERRED INCOME TAXES USING THE LIABILITY OR BALANCE SHEET METHOD. UNDER THIS METHOD, THE NET DEFERRED TAX ASSET OR LIABILITY IS BASED ON THE TAX EFFECTS OF THE DIFFERENCES BETWEEN THE BOOK AND TAX BASIS OF ASSETS AND LIABILITIES AND ENACTED CHANGES IN TAX RATES AND LAWS ARE RECOGNIZED IN THE PERIOD IN WHICH THEY OCCUR. DEFERRED INCOME TAX EXPENSE RESULTS FROM CHANGES IN DEFERRED TAX ASSETS AND LIABILITIES BETWEEN PERIODS. DEFERRED TAX ASSETS ARE REDUCED BY A VALUATION ALLOWANCE IF, BASED ON THE WEIGHT OF EVIDENCE AVAILABLE, IT IS MORE LIKELY THAN NOT THAT SOME PORTION OR ALL OF A DEFERRED TAX ASSET WILL NOT BE REALIZED. TAX POSITIONS ARE RECOGNIZED IF IT IS MORE LIKELY THAN NOT, BASED ON THE TECHNICAL MERITS, THAT THE TAX POSITION WILL BE REALIZED OR SUSTAINED UPON EXAMINATION. THE TERM MORE LIKELY THAN NOT MEANS A LIKELIHOOD OF MORE THAN 50% THE TERMS EXAMINED AND UPON EXAMINATION ALSO INCLUDES RESOLUTION OF THE RELATED APPEALS OR LITIGATION PROCESSES, IF ANY. A TAX POSITION THAT MEETS THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD IS INITIALLY AND SUBSEQUENTLY MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON SETTLEMENT WITH A TAXING AUTHORITY THAT HAS FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. THE DETERMINATION OF WHETHER OR NOT A TAX POSITION HAS MET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD CONSIDERS THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE REPORTING DATE AND IS SUBJECT TO MANAGEMENTS JUDGMENT. AS IT WAS FORMED IN 2014, NCM MOTORSPORTS PARK IS NOT SUBJECT TO UNITED STATES FEDERAL, STATE AND LOCAL OR NON-UNITED STATES INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2014. false false 4603650 1722339 126558 true 0.90000 4603650 1722339 126558 1848897 2754753 KY true false true false 1.00000 0.00000 SCOTT BURKLOW 350 CORVETTE DR BOWLING GREEN KY 42101 false SCOTT BURKLOW 1022 OVERSEES GAMING VOLUNTEERS AND ENSURES COMPLIANCE X false 1101901 X true true X X X X false false false false false true false false false WENDELL STRODE EXECUTIVE DIRECTOR 179719 0 44175 0 43495 0 11194 0 21641 0 300224 0 11812 0 CHRISTY THOMAS FINANCE & HR DIRECTOR 161105 0 16075 0 0 0 9890 0 9187 0 196257 0 9287 0 SCHEDULE J, PART I, LINE 1A TRAVEL FOR COMPANIONS ---------------------- THE EXECUTIVE DIRECTOR'S SPOUSE OCCASIONALLY TRAVELS ON BUSINESS TRIPS TO ASSIST BY PROVIDING VOLUNTEER SERVICES AT SHOWS. SCHEDULE J, PART I, LINE 3 ESTABLISHING COMPENSATION ------------------------- A THREE-PERSON COMMITTEE OF THE BOARD OPERATES AS THE COMPENSATION COMMITTEE FOR THE MUSEUM. THEY EVALUATE THE COMPENSATION COMPARATIVES OF OTHER MUSEUMS AND NON PROFITS, AND REVIEW COMPENSATION BENCHMARK INFORMATION TO DETERMINE A REASONABLE COMPENSATION BASED ON DUTIES AND PERFORMANCE. SCHEDULE J, PART I, LINE 6 COMPENSATION BASED ON NET EARNINGS ---------------------------------- THE EXECUTIVE DIRECTOR RECEIVES AN ANNUAL BONUS BASED ON THE ORGANIZATION'S NET EARNINGS EXCEEDING THE APPROVED BUDGET. HOWEVER, THIS BONUS CANNOT EXCEED A CAP OF 25% OF HIS SALARY. THE BONUS CALCULATION IS VERIFIED BY THE MUSEUM'S INDEPENDENT AUDITORS AND APPROVED BY THE COMPENSATION COMMITTEE. WENDELL STRODE PRESIDENT OF MSP 1392410 LEASING OF MSP, ADMIN SERVICES false CHRISTY THOMAS SECRETARY OF MSP 1392410 LEASING OF MSP, ADMIN SERVICES false SCHEDULE L, PART IV, LINES 1 & 2 BUSINESS TRANSACTIONS --------------------- NCM Motorsports Park, Inc., a taxable subsidiary of National Corvette Museum Foundation, Inc., leases real property from National Corvette Museum Foundation, Inc. Lease payments totaled $1,088,991 for the year ended December 31, 2018. In addition, National Corvette Museum provides certain administrative support to NCM Motorsports Park, Inc. Charges for these services totalled $303,419 for the year ended December 31, 2018. Wendell Strode and Christy Thomas were officers of both corporations. X 2 0 SEE PART II X 9 0 SEE PART II X 2 0 SEE PART II 9 false true false SCHEDULE M, PART I, LINE 33 REPORTING REVENUE ----------------- THERE WERE NOT ANY NONCASH CONTRIBUTIONS REPORTED ON FORM 990, PART VIII, STATEMENT OF REVENUE, LINE 1G, BECAUSE THE MUSEUM DID NOT CAPITALIZE ITS COLLECTIONS, AS ALLOWED UNDER SFAS 116. ONLY SUPPLY TYPE DONATIONS THAT WERE PUT INTO USE ARE RECOGNIZED IN REVENUES AS NONCASH CONTRIBUTIONS. FORM 990, PART III, LINE 4D OTHER PROGRAM SERVICES ---------------------- THE DESIGN AND ENGINEERING AREA SHOWS HOW THE AUTOMOBILE DESIGN GOES FROM SKETCHES TO CLAY MODELS, AND A CUT-AWAY CHASSIS SHOWS THE INNER BACKBONE OF A VEHICLE. AN ACTUAL CRASH TEST CAR AND ACTIVE VIDEO DEMONSTRATES THE IMPORTANCE OF WEARING SEAT BELTS AND ENCOURAGES VEHICLE SAFETY. IN 2016, THE NEW SKYDOME SINKHOLE EXPERIENCE EXHIBIT OPENED THAT TELLS THE STORY OF THE SINKHOLE THAT COLLAPSED INSIDE THE MUSEUM, WHY IT HAPPENED, HOW THE BURIED CARS WERE RECOVERED, HOW THE BUILDING WAS REPAIRED, AND WHAT THE KARST AND CAVE LANDFORMS ARE. DELIVERY PROGRAM: WE ARE THRILLED TO OFFER THE MUSEUM DELIVERY PROGRAM TO NEW CORVETTE OWNERS. IT IS AN ADVENTURE LIKE NO OTHER AND A MEMORABLE ADDITION TO NEW CORVETTE PURCHASES. CUSTOMERS ARRIVE AT NCM WITH UP TO THREE ADDITIONAL GUESTS AND A PERSONAL, SPECIAL VIP GUIDED TOUR OF NCM IS CONDUCTED WHERE THEY WILL SEE THEIR CORVETTE ON DISPLAY. NEXT, A MEMBER OF THE NCM DELIVERY TEAM PROVIDES A QUALITY ORIENTATION FOLLOWED BY A THOROUGH DELIVERY PRESENTATION OF THEIR NEW VEHICLE. CORVETTE CAFE/CORVETTE STORE: WE OFFER A NUMBER OF CATERING OPTIONS FOR PRIVATE EVENTS AT THE MUSEUM, SCHOOL GROUP GUESTS, AND OTHER LARGE GROUPS OF GUESTS. THE CAFE IS LOCATED IN THE MUSEUM FOR THE CONVENIENCE OF GUESTS VISITING OUR ATTRACTIONS. THE CORVETTE STORE AT NCM IS THE IDEAL PLACE TO FIND ANYTHING CORVETTE. WE HAVE A WIDE SELECTION OF APPAREL, HOME ITEMS, ARTWORK AND ITEMS TO ALLOW YOU TO CUSTOMIZE YOUR CORVETTE. LIBRARY & ARCHIVES RESOURCE CENTER: THE RESOURCE CENTER IS THE REPOSITORY FOR ALL MATERIALS DOCUMENTING THE PAST, PRESENT AND FUTURE OF CORVETTE, CORVETTE ENTHUSIASTS AND THE CORVETTE MUSEUM. THE MATERIAL MANAGED AND PRESERVED INCLUDES AUDIO AND VISUAL MEDIA - BOTH DIGITAL (DVDS) AND MAGNETIC (VHS AND BETA TAPES), PERIODICALS, BOOKS, DRAWINGS, PAINTINGS, POSTERS, MEMORABILIA AND DOCUMENTS INCLUDING SOME IMPORTANT HISTORICAL MEMORABILIA PLUS BUILD SHEETS. MOST MATERIALS HAVE BEEN DONATED TO THE NCM FROM INDIVIDUAL ENTHUSIASTS, PUBLISHING COMPANIES, PRINT MEDIA, AFTERMARKET SUPPLIERS, CLUBS AND ORGANIZATIONS SUCH AS NCRS, AND FROM GM/CHEVROLET. OTHER PROGRAM SERVICES INCLUDE EDUCATIONAL INSTRUCTION SUCH AS THE TEEN DRIVING ACADEMY, VETTE CAMP AND TRAVELING TRUNKS AND VISITS TO SCHOOLS. ADDITIONAL PROGRAMS INCLUDE WEBSITE AND MAGAZINE OUTREACH, MEMBERSHIP SERVICES, AND ATTENDING SHOWS AROUND THE COUNTRY. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF FORM 990 ------------------ THE FULL FORM 990 AND ALL REQUIRED SCHEDULES WERE EMAILED TO THE FULL BOARD OF DIRECTORS PRIOR TO BEING FILED. THE FULL BOARD REVIEWED IT AND PROVIDED FEEDBACK IF SO DESIRED. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY --------------------------- CONFLICT OF INTEREST FORMS ARE COMPLETED ANNUALLY BY ALL BOARD MEMBERS AND THE FULL BOARD APPROVES TRANSACTIONS AS NECESSARY. THOSE WITH A CONFLICT ARE EXCLUDED FROM THE DISCUSSION AND VOTE. FORM 990, PART VI, SECTION B, LINE 15A REVIEW OF COMPENSATION ---------------------- A THREE-PERSON COMMITTEE OF THE BOARD OPERATES AS THE COMPENSATION COMMITTEE FOR THE MUSEUM. THEY EVALUATE THE COMPENSATION COMPARATIVES OF OTHER MUSEUMS AND NON PROFITS, AND REVIEW COMPENSATION BENCHMARK INFORMATION TO DETERMINE A REASONABLE COMPENSATION BASED ON DUTIES AND PERFORMANCE. A FULL COMPARISON AND REVIEW WAS CONDUCTED IN 2016. FORM 990, PART VI, SECTION B, LINE 15B COMPENSATION REVIEW OF OFFICERS & KEY EMPLOYEES ----------------------------------------------- EXECUTIVE MANAGEMENT REVIEWS COMPARABLE SALARY DATA ANNUALLY AND APPROVES AN ANNUAL INCREASE. FORM 990, PART VI, SECTION C, LINE 19 MAKING DOCUMENTS AVAILABLE TO THE PUBLIC ---------------------------------------- THE MUSEUM'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE PROVIDED TO ANYONE UPON REQUEST. FINANCIAL INFORMATION IS ALSO SHARED ANNUALLY AT THE MUSEUM'S OPEN MEMBERSHIP MEETINGS IN APRIL AND SEPTEMBER OF EACH YEAR. FORM 990, PART XI, LINE 9 OTHER CHANGES ------------- CHANGE IN FAIR VALUE OF INTEREST RATE SWAP $175,232 NCM MOTORSPORTS PARK INC 505 KIMBERLEE A FAST DR BOWLING GREEN KY 42101 471462434 MOTORSPORTS KY NCM C -1142428 1913872 1.00000 true true true false false false false false false false false false true false true false false false false false NCM MOTORSPORTS PARK INC A 1088991 FMV NCM MOTORSPORTS PARK INC L 303419 FMV NCM MOTORSPORTS PARK INC S 1590472 FMV