2019-05-15T10:32:48-05:00 2018-06-30 341884125 CBIZ MHM LLC 4722 N 24TH ST STE 300 PHOENIX AZ 85016 990 2017-07-01 951855640 MUSEUM OF CONTEMPORARY ART SAN DIEGO MUSE 8584543541 1100 KETTNER BLVD SAN DIEGO CA 92101 CHARLES E CASTLE CFO 8584543541 2019-05-14 1 AMY A O'LOUGHLIN P00869687 6022646835 2019-05-08 24.250.108.130 2019-05-14 12:05:22 MS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 1212D86953DF9911D4E957E54162B84DD93DFAA7 2017 2019-02-21 02:37:17Z KATHRYN KANJO 1100 KETTNER BLVD SAN DIEGO CA 92101 22812152 0 X WWW.MCASD.ORG X 1941 CA SERVE DIVERSE AUDIENCES THROUGH THE EXHIBITION, INTERPRETATION, COLLECTION & PRESERVATION OF ART CREATED SINCE 1950. 32 32 53 34 1001 0 10076211 14728989 225439 236244 1835491 2711914 196762 430474 12333903 18107621 0 0 0 0 4029967 3369060 16000 25000 758413 4378760 5056302 8424727 8450362 3909176 9657259 83783429 95654358 6374882 7752036 77408547 87902322 X MCASD'S MISSION IS TO SERVE DIVERSE AUDIENCES THROUGH THE EXHIBITION, INTERPRETATION, COLLECTION, AND PRESERVATION OF ART CREATED SINCE 1950. ITS MANDATE IS TO ENGAGE REGIONAL, NATIONAL, AND INTERNATIONAL AUDIENCES INCLUDING THE BINATIONAL (CONTINUED ON SCHEDULE O) CONSTITUENCY OF THE SAN DIEGO/TIJUANA REGION, AND ITS VISION IS TO BE A MUSEUM PROVIDING PUBLIC ACCESS TO CONTEMPORARY ART, ARTISTS, AND THE CREATIVE PROCESS; A FORUM FOR THE EXPLORATION AND UNDERSTANDING OF CONTEMPORARY ART AND IDEAS; AND A LABORATORY FOR ARTISTS TO EXPERIMENT WITH NEW FORMS OF CREATIVE EXPRESSION. THE PRIMARY VEHICLE FOR ACCOMPLISHING THIS MISSION IS THROUGH THE EXHIBITION OF CONTEMPORARY ART. 0 0 2921592 208600 MCASD IS A FORUM FOR THE EXPLORATION AND UNDERSTANDING OF CONTEMPORARY ART AND IDEAS THAT ENGAGES DIVERSE AUDIENCES, INCLUDING THE BINATIONAL CONSTITUENCY OF THE SAN DIEGO/TIJUANA REGION, THROUGH THE COLLECTION, EXHIBITION, AND INTERPRETATION OF ART CREATED SINCE 1950. MCASD'S MAJOR SERVICE ACCOMPLISHMENTS MIRROR THE ORGANIZATION'S MISSION AND INCLUDE THE PRESENTATION OF SPECIAL EXHIBITIONS, MINDFUL STEWARDSHIP AND INNOVATIVE INTERPRETATIONS OF THE PERMANENT COLLECTION, AND FOCUSED EDUCATIONAL OUTREACH PROGRAMS.FISCAL YEAR 2018 SAW THE CONTINUATION OF THE CLOSURE OF MCASD'S LA JOLLA LOCATION AS WELL AS THE CULMINATION OF TWO MAJOR, MULTI-YEAR, GRANT FUNDED INITIATIVES. IN ADDITION, MCASD FINISHED THE CONSOLIDATION OF ITS COLLECTION INTO OUR OFF SITE STORAGE FACILITY AS WELL AS ANOTHER ROBUST YEAR OF COLLECTION LOANS TO NATIONAL AND INTERNATIONAL INSTITUTIONS.SPECIAL EXHIBITIONS: BY FAR THE MOST AMBITIOUS EXHIBITION AND CATALOGUE PROJECT THE MUSEUM HAS EVER UNDERTAKEN CULMINATED IN THE OPENING OF "MEMORIES OF UNDERDEVELOPMENT: ART AND THE DECOLONIAL TURN IN LATIN AMERICA, 1960-1985" IN SEPTEMBER 2017. FUNDED BY TWO MAJOR GRANTS FROM THE GETTY FOUNDATION, THIS PROJECT PUSHED MCASD TO EMBARK ON AN INTERNATIONAL INSTITUTIONAL COLLABORATION WORKING WITH THREE GUEST CURATORS FROM MEXICO, PERU AND BRAZIL, AND INCLUDED OVER FOUR HUNDRED OBJECTS, BORROWED FROM OVER SIXTY LENDERS IN 11 COUNTRIES. A FULL-COLOR BILINGUAL PUBLICATION WAS PUBLISHED IN APRIL 2018 AND WAS 256 PAGES FEATURING ESSAYS BY ALL THREE GUEST CURATORS, AS WELL AS ONE ADDITIONAL AUTHOR AND INCLUDED BIOGRAPHIES ON EACH ARTIST IN THE EXHIBITION. THE EXHIBITION SUBSEQUENTLY TOURED TO MCASD'S PARTNER MUSEUM IN MEXICO CITY, THE MUSEO JUMEX. 743276 27644 EDUCATIONAL OUTREACH: IN FY18, THE MUSEUM SAW THE CULMINATION OF ITS ENGAGEMENT INITIATIVE FUNDED THROUGH A GRANT FROM THE IRVINE FOUNDATION TO REACH ETHNICALLY DIVERSE MILLENNIALS IN SAN DIEGO. MCASD WORKED WITH LOCAL TECHNOLOGY COMPANY SOSO LIMITED TO DEVELOP AN INTERACTIVE DIGITAL PLATFORM THAT ENGAGED MILLENNIALS AND INCORPORATED THE MUSEUM'S COLLECTION OF WHICH MORE THAN 450 OBJECTS WERE DIGITIZED AND DEPLOYED. ALSO, A SMALL GALLERY WAS DEDICATED AT MCASD-DOWNTOWN TO SHOWCASE THE WORK OF THIS INITIATIVE, ALLOWING ARTISTS AND STUDENTS TO CREATE EXHIBITIONS AND PERFORMANCES TO PRESENT THE RESEARCH AND IDEAS THEY DEVELOPED DURING THEIR EARLIER ENGAGEMENTS. 1972975 PERMANENT COLLECTION: THE STEWARDSHIP OF MCASD'S OVER 5,000-OBJECT COLLECTION IS A KEY COMPONENT OF ITS MISSION. IN FISCAL 2018, MCASD INCREASED ITS HOLDINGS WITH 41 WORKS OF ART THROUGH DONATION, PURCHASE, AND PURCHASE WITH DONATED FUNDS. THE FUNDS ALLOCATED FOR CARE OF THE PERMANENT COLLECTION INCLUDE EXPENSES FOR PRESERVATION AND CONSERVATION, AND THIS YEAR ADDITIONAL FUNDS WERE ALLOCATED FOR INCREASED INSURANCE COSTS DUE TO THE CONSOLIDATION OF THE MUSEUM'S COLLECTION IN OUR OFFSITE STORAGE FACILITY IN CHULA VISTA, CA. FINAL WORKS WERE MOVED FROM THE LA JOLLA FACILITY TO COMPLETE THE MAJOR MOVE OF ARTWORKS BEGUN IN FY17, AND ADDITIONAL STORAGE AND ORGANIZATION EFFORTS WERE MADE TOWARDS THE LONG TERM CARE AND PRESERVATION OF THE COLLECTION. IN ADDITION, MCASD SHARED ITS COLLECTION THROUGH THE LOAN OF 104 ARTWORKS TO 26 EXHIBITIONS AT OTHER MUSEUMS IN SAN DIEGO, THROUGHOUT CALIFORNIA, ACROSS THE COUNTRY, AND INTERNATIONALLY. 5637843 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 78 0 1 53 1 1 1 0 0 0 0 1 1 0 0 0 0 X 32 32 0 0 0 0 1 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X X TRULETTE M CLAYES 8584543541 1100 KETTNER BLVD SAN DIEGO CA 92101 DR PAUL JACOBS PRESIDENT 1.00 X X 0 0 0 MELISSA BARTELL VICE PRESIDENT 1.00 X X 0 0 0 MARYANNE C PFISTER VICE PRESIDENT 1.00 X X 0 0 0 KAREN COHN VICE PRESIDENT 1.00 X X 0 0 0 COLETTE CARSON ROYSTON VICE PRESIDENT 1.00 X X 0 0 0 JENNIFER NELSON SECRETARY 1.00 X X 0 0 0 BARBARA ARLEDGE TRUSTEE 1.00 X 0 0 0 LINNEA ARRINGTON TRUSTEE 1.00 X 0 0 0 DR MARY F BERGLUND TRUSTEE 1.00 X 0 0 0 NANCY BROWAR TRUSTEE 1.00 X 0 0 0 CHRISTOPHER CALKINS TRUSTEE 1.00 X 0 0 0 CHARLIE COCHRANE TRUSTEE 1.00 X 0 0 0 ISABEL COPPEL TRUSTEE 1.00 X 0 0 0 NICOLE FORREST TRUSTEE 1.00 X 0 0 0 KAREN FOX TRUSTEE 1.00 X 0 0 0 DAVID GUSS TRUSTEE 1.00 X 0 0 0 MARCIA HAZAN TRUSTEE 1.00 X 0 0 0 RYAN HERRELL TRUSTEE 1.00 X 0 0 0 JOHN IPPOLITO TRUSTEE 1.00 X 0 0 0 MARGARET JACKSON TRUSTEE 1.00 X 0 0 0 GAIL KNOX TRUSTEE 1.00 X 0 0 0 SAMI LADEKI TRUSTEE 1.00 X 0 0 0 JAY LEVITT TRUSTEE 1.00 X 0 0 0 SONIA KASSEL MANDELBAUM TRUSTEE 1.00 X 0 0 0 DR FENNER MILTON TRUSTEE 1.00 X 0 0 0 GARNA MULLER TRUSTEE 1.00 X 0 0 0 RUKIYE OYGAR TRUSTEE 1.00 X 0 0 0 ELIZABETH PHELPS TRUSTEE 1.00 X 0 0 0 DR CAROL RANDOLPH TRUSTEE 1.00 X 0 0 0 JAMES ROBBINS TRUSTEE 1.00 X 0 0 0 GAD SHAANAN TRUSTEE 1.00 X 0 0 0 MATTHEW STRAUSS TRUSTEE 1.00 X 0 0 0 KATHRYN KANJO CEO, DAVID C COPLEY DIR. 40.00 X 284422 0 42157 CHARLES E CASTLE CFO, DEPUTY DIRECTOR 40.00 X 241323 0 20650 HUGH M DAVIES CAMPAIGN/EXPANSION DIR. 40.00 X 403137 0 52105 ELIZABETH YANG HELLEWELL ADVANCEMENT DIRECTOR 40.00 X 109410 0 13587 TRULETTE M CLAYES CONTROLLER 40.00 X 101533 0 16762 1139825 0 145261 5 0 1 0 SELLDORF ARCHITECTS LLC 860 BROADWAY NEW YORK NY 10003 ARCHITECTURE 697993 1 529983 730907 544297 12923802 1180414 14728989 EXHIBITION FEES 713990 170299 170299 ADMISSION FEES 713990 38301 38301 PUBLICATION SALES 713990 14923 14923 EDUCATIONAL PROGRAMS 713990 12721 12721 236244 997729 997729 155768 0 155768 155768 155768 5304284 9000 3593906 5193 1710378 3807 1714185 1714185 1374532 730907 1100827 273705 273705 5606 4605 1001 1001 18107621 236244 1001 3141387 296460 88938 148230 59292 2530233 1102972 1094769 332492 77675 44742 26763 6170 301117 144911 128655 27551 163575 83723 62586 17266 71212 71212 50138 50138 25000 25000 166114 24418 141696 544994 338180 52031 154783 56872 17078 39794 95317 80777 12756 1784 40900 40900 84080 53580 20734 9766 119734 18363 101347 24 990577 958755 13635 18187 152687 127093 25594 BUILDING EXPENSES 1169558 1131987 16099 21472 ACCESSIONS OF ART 332085 332085 SHIPPING AND CRATING 325247 325055 6 186 RENTALS (EQUIPMENT) 257911 252699 5212 598876 471587 82643 44646 8450362 5637843 2054106 758413 34008 95036 4426057 1510599 8713739 7238241 240864 386003 273083 273452 207872 130723 65378963 19113652 33993053 46265311 35775126 39638337 119627 116656 83783429 95654358 854524 1710259 1320501 1185661 3183410 3198790 44755 26601 0 500000 971692 1130725 6374882 7752036 X 19384185 22573639 15819604 12575170 42204758 52753513 77408547 87902322 83783429 95654358 9657259 836516 0 X 0 1 X 1 0 X 5518136 4704096 11419941 10076211 14728989 46447373 5518136 4704096 11419941 10076211 14728989 46447373 5950935 40496438 1528124 1546561 1548384 1307126 1153497 7083692 1001 1001 53532066 5439293 0.75650 0.68310 X X X X X 0 34792504 1556416 3200479 1955039 37594360 31377782 1040000 4438597 2063875 34792504 34582299 145850 -519244 2831123 31377782 37137581 344623 26279 2926184 34582299 34085068 125000 5762110 2834597 37137581 0.06710 0.91800 0.01490 0 0 9500000 8072638 17572638 37134847 14960855 22173992 5104800 4152797 952003 5566678 5566678 46265311 DEFERRED COMPENSATION 1130725 1130725 X 20177947 836516 104161 1133456 2074133 18103814 3807 3807 18107621 9684172 104161 1133456 1237617 8446555 3807 3807 8450362 PART III, LINE 1A: THE COLLECTIONS, WHICH HAD BEEN ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE MUSEUM'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. PART III, LINE 4: THE PERMANENT COLLECTION OF THE MUSEUM CONSISTS OF PAINTINGS, SCULPTURES, INSTALLATIONS, WORKS ON PAPER (INCLUDING PHOTOGRAPHY), VIDEO AND OTHER MEDIA. THE CORNERSTONE OF ANY MUSEUM IS ITS COLLECTION. IT IS THE RESPONSIBILITY OF THE MUSEUM TO ACQUIRE OBJECTS FOR ITS COLLECTION, TO MAINTAIN THEM FOR USE IN EXHIBITIONS, EDUCATION AND RESEARCH, AND TO PRESERVE THE COLLECTION IN PERPETUITY, ALL WHICH CONTRIBUTE TO MEETING THE ORGANIZATION'S EXEMPT PURPOSE. ACQUISITION AND PRESERVATION OF OBJECTS ARE PRIMARY RESPONSIBILITIES OF THE BOARD OF TRUSTEES, THE EXECUTIVE DIRECTOR AND THE CURATORIAL STAFF. PART V, LINE 4: THE BOARD ADOPTED A SPENDING POLICY FOR PERMANENTLY RESTRICTED ENDOWMENT FUNDS BASED ON A ROLLING AVERAGE OF HISTORIAL MARKET VALUES. THE MUSEUM'S ENDOWMENT INVESTMENT POLICY AND STRATEGY IS TO EMPHASIZE TOTAL RETURN; THAT IS, THE AGGREGATE RETURN FROM CAPITAL APPRECIATION AND DIVIDEND AND INTEREST INCOME. WITHIN THIS FRAMEWORK SPECIFIC INVESTMENT OBJECTIVES FOR ENDOWMENT INVESTMENTS INCLUDE LIQUIDITY, PRESERVATION OF CAPITAL, PRESERVATION OF PURCHASING POWER AND LONG-TERM GROWTH OF CAPITAL. THE MUSEUM USES ENDOWMENT FUNDS TO SUPPORT ONGOING OPERATIONS INCLUDING VISUAL ART PROGRAMMING, EDUCATION AND VISITOR SERVICES. PART X, LINE 2: INCOME TAXES - THE MUSEUM IS A NOT-FOR-PROFIT ORGANIZATION AND IS EXEMPT FROM FEDERAL AND CALIFORNIA INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE STATUTES. THE MUSEUM, HOWEVER, MAY BE SUBJECT TO TAX ON INCOME WHICH IS NOT RELATED TO ITS EXEMPT PURPOSE. THE MUSEUM HAD NO UNRELATED BUSINESS INCOME TAX FOR THE YEAR ENDED JUNE 30, 2018. THE MUSEUM EVALUATES THEIR UNCERTAIN TAX POSITIONS, IF ANY, ON A CONTINUAL BASIS THROUGH REVIEW OF THEIR POLICIES AND PROCEDURES, REVIEW OF THEIR REGULAR TAX FILINGS, AND DISCUSSIONS WITH OUTSIDE EXPERTS. AT JUNE 30, 2018, MANAGEMENT BELIEVES THE MUSEUM DID NOT HAVE ANY UNCERTAIN TAX POSITIONS. AT JUNE 30, 2018, THE FEDERAL STATUTE OF LIMITATION REMAINS OPEN FOR THE 2015 THROUGH 2018 YEARS. THE STATUTE OF LIMITATIONS FOR THE STATE INCOME TAX RETURNS REMAINS OPEN FOR THE 2014 THROUGH 2018 YEARS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 1,128,851. COST OF GOODS SOLD 4,605. PART XI, LINE 4B - OTHER ADJUSTMENTS: GAIN ON DISPOSAL OF ASSET 3,807. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 1,128,851. COST OF GOODS SOLD 4,605. PART XII, LINE 4B - OTHER ADJUSTMENTS: GAIN ON DISPOSAL OF ASSET 3,807. X X X X X X X 1 LUCY M BUCHANNAN 1100 KETTNER BLVD SAN DIEGO CA 92101 CAMPAIGN FUNDRAISING 0 0 25000 -25000 25000 -25000 CA MONTE CARLO 545957 29494 516463 5449 190605 ART AUCTION 1559482 701413 858069 660429 17017 4842 222485 1 2105439 730907 1374532 660429 17017 10291 413090 1100827 273705 SCHEDULE G, PART I, LINE 2B, COLUMN (V) THERE WERE NO GROSS RECEIPTS ASSOCIATED WITH THIS ACTIVITY AS THE WORK WAS PRIMARILY CONSULTING FOR FUNDRAISING AND DEVELOPMENT STRATEGIES. X X X X X 1 1 X X X X X X 0 1 0 0 0 0 0 0 0 KATHRYN KANJO CEO, DAVID C COPLEY DIR. 284422 0 0 0 0 0 4000 0 38157 0 326579 0 0 0 CHARLES E CASTLE CFO, DEPUTY DIRECTOR 241323 0 0 0 0 0 4000 0 16650 0 261973 0 0 0 HUGH M DAVIES CAMPAIGN/EXPANSION DIR. 403137 0 0 0 0 0 4000 0 48105 0 455242 0 0 0 PART I, LINE 1A PAYMENT FOR COMPANION TRAVEL IS CONSIDERED A VALID BUSINESS PURPOSE AND NOT INCLUDED IN COMPENSATION WHEN ACCOMPANYING THE CEO ON MUSEUM ASSOCIATED BUSINESS TRAVEL. THE PERSONAL RESIDENCE OF THE CEO IS OWNED BY THE MUSEUM AND USED BY THE CEO FOR BUSINESS AND ENTERTAINMENT OF MUSEUM TRUSTEES AND DONORS. CERTAIN PERSONAL SERVICES ARE PROVIDED TO THE CEO AS PART OF THE LIVING ARRANGEMENTS WHILE THE CEO OCCUPIES THE PERSONAL RESIDENCE OWNED BY THE MUSEUM. THE PERSONAL SERVICES ARE REQUIRED FOR USING MUSEUM PROPERTY AND SO ARE NOT CONSIDERED TAXABLE COMPENSATION. THE ORGANIZATION PROVIDED THE COMPAIAGN/EXPANSION DIRECTOR WITH A MEMBERSHIP TO A SOCIAL CLUB TO USE FOR BUSINESS PURPOSES. THE MEMBERSHIP IS NON-TAXABLE TO THE CEO AND REPORTED AS COMPENSATION ON SCHEDULE J. PART I, LINE 4B IN 2008 THE MUSEUM SET UP QUALIFIED 457(B) PLANS AND A 457(F) PLAN FOR THREE TOP EXECUTIVES. EMPLOYER CONTRIBUTIONS TO THESE PLANS TOTALED APPROXIMATELY $91,000 IN 2018. THE PLANS REQUIRE THE MUSEUM TO DEPOSIT EMPLOYER CONTRIBUTIONS IN A SEPARATE BANK ACCOUNT EACH YEAR. ASSETS CONTRIBUTED TO THE PLANS REMAIN THE SOLE PROPERTY OF THE MUSEUM UNTIL A COVERED EMPLOYEE IS ELIGIBLE TO RECEIVE DISTRIBUTIONS. A COUNTY OF SAN DIEGO 132774656 797391YJ2 2004-12-16 13000000 EXPANSION PROJECT 0 0 0 A 13000000 460000 12540000 2007 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 1 0 0 0 0 A 0 X 131 0 N/A X 11 455741 FMV X 16 25792 X AUCTION ITEMS 1 660429 FMV X FURN & DECOR 4 20192 FMV X MISC SUPPLIES 3 18260 FMV 5 0 1 1 PART I, LINE 32B: THE ORGANIZATION HIRES A THIRD PARTY TO LIQUIDATE STOCK TRANSFERS. PART I, LINE 33: IN ACCORDANCE WITH SFAS 116, THE COLLECTIONS, WHICH HAD BEEN ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE MUSEUM'S INCEPTION ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIRES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. FORM 990, PART VI, SECTION A, LINE 6 THERE SHALL BE TWO CLASSES OF MEMBERS: GENERAL MEMBERS AND REGULAR MEMBERS. REGULAR MEMBERS SHALL BE THE TRUSTEES OF THE CORPORATION, AS THEY HOLD SUCH OFFICE FROM TIME TO TIME. THE REGULAR MEMBERS SHALL HAVE THE RIGHT TO VOTE ON ALL MATTERS REQUIRING A VOTE OF THE MEMBERS OF THIS CORPORATION UNDER THE LAW, OR THE ARTICLES OF INCORPORATION, OR THE BYLAWS. DEATH, RESIGNATION, REMOVAL, OR EXPIRATION OF TERM OF ANY TRUSTEES SHALL AUTOMATICALLY TERMINATE SUCH TRUSTEE'S REGULAR MEMBERSHIP. ELECTION OF A SUCCESSOR TRUSTEE SHALL OPERATE TO ELECT SUCH TRUSTEE A REGULAR MEMBER. GENERAL MEMBERS SHALL INCLUDE ANY PERSONS WHO ARE MEMBERS OF THE CORPORATION AT THE TIME OF THE ADOPTION OF THESE BY-LAWS FOR THE DURATION OF SUCH MEMBERSHIP, AND SUCH OTHER PERSONS AS MAY THEREAFTER BE ADMITTED TO GENERAL MEMBERSHIP. GENERAL MEMBERS SHALL NOT BE MEMBERS AS DEFINED IN 5056 OF THE CALIFORNIA CORPORATIONS CODE. GENERAL MEMBERS SHALL BE ADMITTED UPON SUCH TERMS, IN SUCH CATEGORIES, AND SHALL HAVE SUCH RIGHTS (OTHER THAN THE RIGHT TO VOTE) AS MAY BE DETERMINED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE SHALL HAVE THE RESPONSIBILITY FOR REVIEWING THE ORGANIZATION'S PUBLIC DISCLOSURE COPY OF THE FORM 990, NOT THE FILING COPY, INCLUDING ALL PERTINENT SCHEDULES BEFORE THEY ARE FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, MCASD DISTRIBUTES AN "INSTITUTIONAL ETHICS POLICY" DOCUMENT THAT INCLUDES THE CONFLICT OF INTEREST POLICY. MCASD REQUESTS THAT EACH YEAR, TRUSTEES REVIEW THIS DOCUMENT, SIGN AND AFFIRM THAT THEY HAVE READ THE GUIDELINES, AND COMPLETE THE TRUSTEE DISCLOSURE STATEMENT. THESE ARE KEPT ON FILE AT THE MUSEUM. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE ENGAGES A PROFESSIONAL COMPENSATION AND HUMAN RESOURCES CONSULTING PRACTICE TO CONDUCT AN EXECUTIVE COMPENSATION AND INTERMEDIATE SANCTIONS COMPLIANCE REVIEW OF TOTAL COMPENSATION FOR THE MUSEUM DIRECTOR. THE CONSULTANT USES VARIOUS FORM 990'S AND SURVEYS FROM SIMILAR INSTITUTIONS TO DETERMINE THE COMPETIVENESS OF THE DIRECTOR'S COMPENSATION. MCASD RECEIVES AN ANNUAL SALARY SURVEY FROM THE ASSOCIATION OF ART MUSEUM DIRECTORS THAT IS USED TO EVALUATE COMPENSATION FOR EMPLOYEES OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S ARTICLES OF INCORPORATION, BY-LAWS, AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. LA JOLLA MUSEUM OF ART 1100 KETTNER BLVD SAN DIEGO CA 92101 951855640 MUSEUM CA MCASD C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0