2019-04-30T18:22:41-05:00 2018-06-30 930623286 ALDRICH CPAS AND ADVISORS LLP 5946 PRIESTLY DRIVE SUITE 200 CARLSBAD CA 92008 990 2017-07-01 951696715 SAN DIEGO MUSEUM OF ART SAND 6192327931 PO BOX 122107 SAN DIEGO CA 92112 ROXANA VELASQUEZ EXECUTIVE DIRECTOR 6192327931 2019-02-11 1 ELSA A ROMERO P00485021 7604318440 2019-02-11 69.30.50.66 2019-02-11 15:51:16 PS P 8F3AA22F39D27857D024F0A150D4B9C64528F6BF AE7C488BB04BCF57F71695E940000A48E965C495 2017 2019-02-21 02:37:17Z ROXANA VELASQUEZ PO BOX 122107 SAN DIEGO CA 92112 20942687 0 X WWW.SDMART.ORG X 1935 CA TO INSPIRE, EDUCATE AND CULTIVATE CURIOSITY THROUGH GREAT WORKS OF ART. 33 33 159 606 1569 569 4179024 5327972 1296236 1283875 2183649 9640082 313443 376082 7972352 16628011 0 0 0 0 4943145 5030474 0 0 555313 7709865 12254079 12653010 17284553 -4680658 -656542 80208476 80333941 7327725 6780021 72880751 73553920 X TO INSPIRE, EDUCATE AND CULTIVATE CURIOSITY THROUGH GREAT WORKS OF ART. 0 0 3901487 1141479 EXHIBITIONS: THE MUSEUM PRESENTED A BROAD RANGE OF EXHIBITIONS DURING THE YEAR. THESE WERE CREATED FROM THE MUSEUM'S OWN COLLECTION, AS WELL AS BORROWED FROM OTHER MUSEUMS AND LENDERS. MODERN MASTERS FROM LATIN AMERICA: THE PEREZ SIMON COLLECTION, NANCY LORENZ: MOON GOLD AND EPIC TALES FROM ANCIENT INDIA WERE SOME OF THE EXHIBITIONS PRESENTED DURING FISCAL YEAR ENDED 2018. MODERN MASTERS FROM LATIN AMERICA: THE PEREZ SIMON COLLECTION WAS AN EXHIBITION FROM ONE OF THE WORLD'S FOREMOST PRIVATELY HELD ART COLLECTIONS. THE LATIN AMERICAN WORKS, WHICH INCLUDED 20TH CENTURY ARTISTS DIEGO RIVERA, RUFINO TAMAYO, AND JOAQUIN TORRES-GARCIA, HAD NOT PREVIOUSLY BEEN ON VIEW TO THE PUBLIC. PROGRAMS THAT ACCOMPANIED THE MODERN MASTERS EXHIBITION INCLUDED A LATIN AMERICAN FILM SERIES AND FRIDA AND ME, AN INTERACTIVE, EDUCATIONAL EXPERIENCE FOR CHILDREN THAT REVOLVES AROUND FRIDA KAHLO'S RESIDENCE IN MEXICO CITY.NANCY LORENZ: MOON GOLD, ORGANIZED BY THE MUSEUM, WAS THE NEW YORK-BASED ARTISTS'S FIRST SOLO MUSEUM EXHIBITION. THE ARTIST WAS TRAINED IN THE CONSERVATION OF JAPANESE ANTIQUITIES AND BRINGS A MASTERY OF THESE TRADITIONAL TECHNIQUES TO HER PAINTINGS AND SCULPTURES. SOME OF THE WORKS IN THE EXHIBITION WERE INSPIRED BY THE JAPANESE ART FROM THE MUSEUM'S COLLECTION.EPIC TALES FROM ANCIENT INDIA, CURATED FROM THE MUSEUM'S RENOWED BINNEY COLLECTION OF SOUTH ASIAN ART, WAS PRESENTED AT THE MUSEUM AFTER BEING EXHIBITED AT TWO OTHER INSTITUTIONS. THIS EXHIBITION TOOK A NEW APPROACH OF HIGHLIGHTING THE STORIES FROM CLASSIC LITERATURE THAT THE PAINTINGS WERE CREATED TO ILLUSTRATE. THE EXHIBITION INCLUDED AN IN-GALLERY SPACE FOR DAILY ACTIVITIES SUCH AS STORYTELLING, ART-MAKING AND PERFORMANCES.THE MUSEUM PRESENTED SMALLER EXHIBITIONS IN ITS PERMANENT COLLECTION GALLERIES, SUCH AS BRENDA BIONDO: PLAY, ART OF PAPUA NEW GUINEA: THE VALERIE FRANKLIN COLLECTION, CHILDE HASSAM: THE GRAPHICS AND MOTION PICTURES: PHOTOGRAPHS BY GJON MILI ALONG WITH ROTATIONS IN THE SOUTH ASIAN ART GALLERIES. IN THE ONGOING EFFORT TO ADVANCE THE MUSEUM'S GOAL OF MAKING ART MORE ACCESSIBLE, THE MUSEUM CONTINUED TO OFFER FREE ADMISSION TO AGES 17 AND UNDER AND FREE ADMISSION TO COLLEGE STUDENTS ON FRIDAY NIGHTS. THE MUSEUM CONTINUED TO OFFER ITS SMARTPHONE APP TO PROVIDE ADDITIONAL INTERACTIVE EXPERIENCES, INCLUDING THE AUGMENTED REALITY FEATURE, WHICH BRINGS ART TO LIFE. THE APP IS FREE TO DOWNLOAD AND CAN BE USED AT HOME AS WELL AS ON THE PREMISES. THESE DIVERSE EXHIBITIONS AND THEIR COMPLEMENTARY PROGRAMS CONTRIBUTED TO AN 11% INCREASE IN VISITORS AS THE MUSEUM WELCOMED APPROXIMATELY 394,000 VISITORS, INCLUDING OVER 25,000 FREE GUESTS FOR RESIDENT FREE TUESDAYS AND APPROXIMATELY 18,000 STUDENTS. 6182900 4660449 COLLECTIONS: THE MUSEUM'S MISSION IS, IN PART TO CARE FOR ITS COLLECTIONS, WHICH INCLUDES MORE THAN 20,000 WORKS OF ART. THE COLLECTION IS THE MUSEUM'S GREATEST ASSET. ITS WORKS OF ART ARE DISPLAYED ON A ROTATING BASIS WITHIN THE MUSEUM AND ARE FREQUENTLY LENT TO OTHER INSTITUTIONS FOR EXHIBITION ELSEWHERE. THE MUSEUM ALSO SEEKS TO ACQUIRE ART WHICH WILL ENHANCE ITS COLLECTION. DURING FISCAL YEAR ENDED 2018, THE MUSEUM ACQUIRED TWO SIGNIFICANT PAINTINGS. THE PAINTING BY JOHN SINGER SARGENT, ONE OF THE GREAT AMERICAN PORTRAIT ARTISTS, NOT ONLY COMPLEMENTS OUR COLLECTION OF PORTRAITS, BUT ALSO ENHANCES OUR ABILITY TO PRESENT THE FULL STORY OF PORTRAITURE. THE MASTERPIECE, NYMPH OF THE SPRING, BY LUCAS CRANACH THE YOUNGER, ALLOWS THE MUSEUM THE ABILITY TO PRESENT THE FULL HISTORY OF THE NORTHERN RENAISSANCE. IN ADDITION, CONSERVATION BEGAN ON WORKS OF ART TO BE FEATURED IN FUTURE EXHIBITIONS, BOTH AT THE MUSEUM AND AT OTHER INSTITUTIONS. 851843 76182 PROGRAMS: THE MUSEUM OFFERS A BROAD RANGE OF PROGRAMMING THROUGHOUT THE YEAR. THESE PROGRAMS INCLUDE MUSICAL PERFORMANCES, FILMS, EDUCATIONAL SEMINARS, TEEN ART CLASSES, SUMMER CAMPS, FAMILY DAYS, AND LECTURES AND SYMPOSIA. IN FISCAL YEAR ENDED 2018, IN CONJUNCTION WITH THE MODERN MASTERS FROM LATIN AMERICA EXHIBITION, THE MUSEUM HELD A LATIN AMERICAN FILM SERIES AND A LIVE ART EVENT OF SIX LATIN AMERICAN MURALISTS, WHICH DREW A LARGE AUDIENCE TO THE PLAZA DE PANAMA IN FRONT OF THE MUSEUM. FOR OUR EPIC TALES FROM ANCIENT INDIA EXHIBITION, THE MUSEUM FEATURED DAILY IN-GALLERY ACTIVITIES LIKE STORYTELLING, ART-MAKING AND PERFORMANCES. IN ADDITION, THE MUSEUM SPONSORED A DOZEN OUTREACH PROGRAMS WITHIN THE COMMUNITY. MORE THAN 25,000 VISITORS PARTICIPATED IN THESE PROGRAMS THROUGHOUT THE YEAR. MANY OF THESE PROGRAMS WERE FREE OF CHARGE OR INCLUDED IN THE PRICE OF ADMISSION. 2755734 350750 OTHER PROGRAM SERVICES: DURING THE FISCAL YEAR ENDED JUNE 30, 2018, THE MUSEUM SERVED AN AUDIENCE OF APPROXIMATELY 394,000 VISITORS FROM LOCAL, REGIONAL, NATIONAL AND INTERNATIONAL AUDIENCES. THE MUSEUM PRODUCED THREE ISSUES OF ITS MEMBER'S MAGAZINE. IN ADDITION, THE MUSEUM PRODUCED THREE EXHIBITION RELATED CATALOGS AND THE SECOND IN OUR SERIES OF INTERACTIVE CATALOGS FOR YOUNG AUDIENCES. TWO VERSIONS OF THE CATALOG FOR THE NANCY LORENZ: MOON GOLD EXHIBITION WERE PRODUCED, ONE OF WHICH INCLUDED A SPECIALLY BOUND CASE TOGETHER WITH AN EDITIONED PRINT. THE SECOND INSTALLMENT OF OUR INTERACTIVE CATALOG IS PEACOCKS AND PALACES: EXPLORING THE ART OF INDIA, WHICH FOCUSES ON THE MUSEUM'S RENOWNED BINNEY COLLECTION OF SOUTH ASIAN ART. THE MUSEUM WAS SUPPORTED BY APPROXIMATELY 7,000 MEMBERS DURING THE YEAR. 2755734 350750 13691964 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 69 0 1 159 1 1 1 0 0 0 0 1 1 0 0 0 0 X 33 33 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X DONNA DOMINIAK 6192327931 PO BOX 122107 SAN DIEGO CA 92112 HARVEY WHITE PRESIDENT 1.00 X X 0 0 0 TAFFIN RAY PRESIDENT-ELECT 1.00 X X 0 0 0 KEN WIDDER VICE-PRESIDENT 1.00 X X 0 0 0 SUSANNA FLASTER VICE-PRESIDENT 1.00 X X 0 0 0 VALERIE COOPER VICE-PRESIDENT 1.00 X X 0 0 0 WEBSTER KINNAIRD VICE-PRESIDENT 1.00 X X 0 0 0 PETER DRAKE TREASURER 1.00 X X 0 0 0 ELLEN WHELAN SECRETARY 1.00 X X 0 0 0 RANA SAMPSON ASSISTANT SECRETARY 1.00 X X 0 0 0 ROBERT DOTSON ASSISTANT TREASURER 1.00 X X 0 0 0 ANALIA REGGIO TRUSTEE 1.00 X 0 0 0 CHARLES HELLERICH TRUSTEE 1.00 X 0 0 0 DEMI ROGOZEINSKI TRUSTEE 1.00 X 0 0 0 EUGENE MITCHELL TRUSTEE 1.00 X 0 0 0 FRANCOIS FERRE TRUSTEE 1.00 X 0 0 0 FRANK ROGOZIENSKI TRUSTEE 1.00 X 0 0 0 GITA KHADIRI TRUSTEE 1.00 X 0 0 0 JILL LARSON TRUSTEE 1.00 X 0 0 0 JILL LOZIER TRUSTEE 1.00 X 0 0 0 JOANIE O'LEARY TRUSTEE 1.00 X 0 0 0 JOSE GALICOT TRUSTEE 1.00 X 0 0 0 JOYCE GATTAS TRUSTEE 1.00 X 0 0 0 LYNDA KERR TRUSTEE 1.00 X 0 0 0 MARTI ANDREWS TRUSTEE 1.00 X 0 0 0 MELINDA DEL TORO TRUSTEE 1.00 X 0 0 0 MELINDA WOODELL TRUSTEE 1.00 X 0 0 0 MICKI OLIN TRUSTEE 1.00 X 0 0 0 PAUL MOSHER TRUSTEE 1.00 X 0 0 0 PHYLLIS SPEER TRUSTEE 1.00 X 0 0 0 ROBIN WILSON CARRIER TRUSTEE 1.00 X 0 0 0 SARAH MARSH-REBELO TRUSTEE 1.00 X 0 0 0 TOM GILDRED TRUSTEE 1.00 X 0 0 0 TONI BLOOMBERG TRUSTEE 1.00 X 0 0 0 DIETER FENKART-FROESCHL CHIEF OPERATING OFFICER 40.00 X 196060 0 20564 DONNA DOMINIAK CHIEF FINANCIAL OFFICER 40.00 X 111219 0 20221 ROXANA VELASQUEZ EXECUTIVE DIRECTOR 40.00 X 326805 0 30250 ANITA FELDMAN DD - CURATORIAL/EDUCATION 40.00 X 149410 0 13709 783494 0 84744 4 0 1 0 ALLIED UNIVERSAL SECURITY SERVICES PO BOX 31001-2374 PASADENA CA 911102374 SECURITY SERVICES 409180 AO REED 4777 RUFFNER STREET SAN DIEGO CA 92186 REPAIR SERVICES 207679 PACIFIC EVENT PRODUCTIONS 6989 CORTE SANTA FE SAN DIEGO CA 92121 EVENT PRODUCTION SERVICES 184217 BALBOA PARK ONLINE COLLABORATIVE 1549 EL PRADO SUITE 8 SAN DIEGO CA 92101 TECHNOLOGY SERVICES 157117 THE IDEA BRAND 444 WEST BEECH ST 4TH FLOOR SAN DIEGO CA 92101 MARKETING 153516 6 1107657 756159 440018 3024138 143049 5327972 ADMISSIONS 712110 1141479 1141479 CONCERTS/EDUCATION 712110 76182 76182 OTHER RELATED INCOME 712110 66214 66214 1283875 1239829 1239829 381515 0 381515 381515 381515 7300207 4660449 3560403 0 3739804 4660449 8400253 4660449 3739804 193057 756159 484597 -291540 -291540 555783 269676 286107 284538 1569 16628011 6228862 1569 5069608 724734 120446 483842 120446 3381799 2105392 1018797 257610 102630 65126 30586 6918 529126 346147 156625 26354 292185 165334 103391 23460 60519 60519 265578 265578 1208249 882432 268595 57222 473597 470351 518 2728 282043 247093 15881 19069 85673 84540 870 263 604799 568429 29744 6626 81354 43366 37055 933 62388 59661 2021 706 885264 838866 36486 9912 337571 309790 21325 6456 INCOME TAXES 20109 0 20109 0 ART ACQUISITIONS 6095027 6095027 0 0 FEES AND HONORARIUMS 432584 379951 46411 6222 FREIGHT 399145 399145 0 0 960179 510868 438923 10388 17284553 13691964 3037276 555313 245041 281754 2746717 3802400 192215 1498850 137395 173216 160860 160361 32831 16964 17193064 11489086 5942388 5703978 60376329 38306504 10269161 30292440 105539 97474 80208476 80333941 1239506 741977 3229 3270 384990 334774 5700000 5700000 7327725 6780021 X 51695572 51189206 11287804 12450226 9897375 9914488 72880751 73553920 80208476 80333941 X -656542 1312598 17113 X 0 1 X 1 0 X 5875404 5583583 4238658 4179024 5327972 25204641 5875404 5583583 4238658 4179024 5327972 25204641 3453276 21751365 622091 1514828 1087503 1066250 1621344 5912016 34493 145439 201909 220255 1569 603665 31720322 8764092 0.68570 0.70110 X X X X 0 69205362 6304774 5057665 265578 70186893 64824184 5000 9316421 4695309 244934 69205362 71652414 -2139839 4468547 219844 64824184 73898672 3218452 4932506 532204 71652414 68106925 551910 11681993 6046641 395515 73898672 0.70800 0.14130 0.15070 0 0 3378554 3355775 22779 13384148 7857214 5526934 430362 276097 154265 5703978 ALTERNATIVE INVESTMENTS 30292440 F 30292440 DEMAND CERTIFICATES 5700000 5700000 X 18182631 1312598 5890 501710 1820198 16362433 265578 265578 16628011 17509462 5890 484597 490487 17018975 265578 265578 17284553 PART III, LINE 1A: THE MUSEUM MAINTAINS COLLECTIONS OF ART THAT ARE SIGNIFICANT IN RELATION TO ITS TOTAL ASSETS. COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED OR RECOGNIZED AS REVENUES OR GAINS PROVIDED THAT SUCH DONATIONS ARE ADDED TO COLLECTIONS AND ARE HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FINANCIAL GAIN; ARE PROTECTED, KEPT UNENCUMBERED, CARED FOR, AND PRESERVED; AND ARE SUBJECT TO A POLICY THAT REQUIRES THE PROCEEDS FROM SALES OF COLLECTION ITEMS TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IF PURCHASED WITH UNRESTRICTED ASSETS AND AS DECREASES IN TEMPORARILY RESTRICTED NET ASSETS IF PURCHASED WITH DONOR-RESTRICTED ASSETS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED IN THE STATEMENTS OF ACTIVITIES BASED ON THE ABSENCE OR EXISTENCE AND NATURE OF DONOR-IMPOSED RESTRICTIONS. THE MUSEUM EMPLOYS CURATORS TO ENSURE THAT THE COLLECTIONS ARE PROTECTED AND PRESERVED. PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED TO HELP FUND OPERATIONS AND FOR ART ACQUISITION. PART X, LINE 2: THE MUSEUM FOLLOWS ACCOUNTING STANDARDS GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA RELATED TO THE RECOGNITION OF UNCERTAIN TAX POSITIONS. THE MUSEUM RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS AS PART OF THE STATEMENT OF ACTIVITIES, WHEN APPLICABLE. MANAGEMENT HAS DETERMINED THAT THE MUSEUM HAS NO UNCERTAIN TAX POSITIONS AT JUNE 30, 2018 AND 2017 AND THEREFORE NO AMOUNTS HAVE BEEN ACCRUED. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SPECIAL EVENTS 484,597. CHANGE IN CHARITABLE REMAINDER TRUSTS 17,113. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SPECIAL EVENTS 484,597. NORTH AMERICA 0 0 PROGRAM SERVICES EXHIBITION FEES, MUSEUM STORE MERCHANDISE 42982 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES IMAGE RIGHTS FEES, MUSEUM STORE MERCHANDISE, CATALOG FEES, TRAVEL TRIP FEE, ART ACQUISITION, EXHIBITION FEES, FILM RIGHTS 3754490 SOUTH ASIA 0 0 PROGRAM SERVICES CATALOG FEE, LECTURE HONORARIUM 10750 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES CATALOG FEE, MUSEUM STORE MERCHANDISE 13358 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES CATALOG FEE 1500 0 0 0 0 0 0 3823080 0 3823080 0 0 0 0 0 0 ART ALIVE 949216 756159 193057 97340 387257 949216 756159 193057 97340 387257 484597 -291540 X X X X X 0 0 0 0 0 0 0 0 0 DIETER FENKART-FROESCHL CHIEF OPERATING OFFICER 196060 0 0 0 0 0 7000 0 13564 0 216624 0 0 0 ROXANA VELASQUEZ EXECUTIVE DIRECTOR 326805 0 0 0 0 0 9450 0 20800 0 357055 0 0 0 ANITA FELDMAN DD - CURATORIAL/EDUCATION 149410 0 0 0 0 0 5250 0 8459 0 163119 0 0 0 PART I, LINE 3 THE MUSEUM HAS A COMPENSATION AND BENEFITS COMMITTEE THAT REVIEWS AND APPROVES COMPENSATION PACKAGES EACH YEAR FOR THE EXECUTIVE DIRECTOR, CHIEF FINANCIAL OFFICER, CHIEF OPERATING OFFICER AND THE DEPUTY DIRECTOR OF CURATORIAL AFFAIRS AND EDUCATION. THIS COMMITTEE IS COMPRISED OF BOARD MEMBERS, WHO DO NOT HAVE ANY CONFLICT OF INTEREST IN THIS MATTER. TO ASSESS COMPENSATION LEVELS AND DETERMINE IF THEY ARE COMPETITIVE AND NOT EXCESSIVE, THE COMMITTEE EXAMINES COMPENSATION DATA FROM COMPARABLE INSTITUTIONS, INCLUDING BUT NOT LIMITED TO OTHER 501(C)(3) ORGANIZATIONS IN THE REGION, REGIONAL FOR-PROFIT COMPENSATION STATISTICS, AND COMPENSATION REPORTS REGARDING THE MUSEUM INDUSTRY IN GENERAL. THE COMMITTEE PREPARES AND KEEPS MINUTES OF ALL DELIBERATIONS. X 282 SEE STATEMENT X 10 82357 FAIR MARKET VALUE X FOOD AND BEVERAGES 34 59717 FAIR MRAKET VALUE X SUPPLIES 1 975 FAIR MARKET VALUE 0 1 0 PART I, LINE 33: WORKS OF ART WERE REPORTED AT ZERO VALUE ON FORM 990 PART VIII, STATEMENT OF REVENUE, LINE 1G, PER GAAP THE MUSEUM DID NOT CAPITALIZE ITS COLLECTIONS, AS ALLOWED UNDER SFAS116. FORM 990, PART VI, SECTION A, LINE 2 DEMI ROGOZIENSKI AND FRANK ROGOZIENSKI HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE REVIEWS AND APPROVES THE ORGANIZATION'S FORM 990. A FINAL COPY OF THE FORM 990 IS GIVEN TO THE ENTIRE BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE MUSEUM HAS A CONFLICT OF INTEREST POLICY AS SECTION 3.3 OF ITS POLICY MANUAL AND WITHIN ITS CODE OF ETHICS. ALL NEW HIRES ARE GIVEN A COPY OF THE POLICY MANUAL AND CODE OF ETHICS AS PART OF THE ORIENTATION PROCESS AND ALL MUST SIGN AN ACKNOWLEDGEMENT FORM UPON RECEIPT OF THESE DOCUMENTS. FURTHER, THE MUSEUM IMPLEMENTED AN ANNUAL DISCLOSURE PRACTICE; EMPLOYEES ARE ASKED TO COMPLETE AN UPDATED CONFLICT OF INTEREST FORM EACH YEAR. TRUSTEES ARE ASKED TO COMPLETE A CONFLICT OF INTEREST FORM AT THE BEGINNING OF EACH BOARD YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE MUSEUM HAS A COMPENSATION AND BENEFITS COMMITTEE THAT REVIEWS AND APPROVES COMPENSATION PACKAGES EACH YEAR FOR THE EXECUTIVE DIRECTOR, CHIEF FINANCIAL OFFICER, CHIEF OPERATING OFFICER AND THE DEPUTY DIRECTOR OF CURATORIAL AFFAIRS AND EDUCATION. THIS COMMITTEE IS COMPRISED OF BOARD MEMBERS, WHO DO NOT HAVE ANY CONFLICT OF INTEREST IN THIS MATTER. TO ASSESS COMPENSATION LEVELS AND DETERMINE IF THEY ARE COMPETITIVE AND NOT EXCESSIVE, THE COMMITTEE EXAMINES COMPENSATION DATA FROM COMPARABLE INSTITUTIONS, INCLUDING BUT NOT LIMITED TO OTHER 501(C)(3) ORGANIZATIONS IN THE REGION, REGIONAL FOR-PROFIT COMPENSATION STATISTICS, AND COMPENSATION REPORTS REGARDING THE MUSEUM INDUSTRY IN GENERAL. THE COMMITTEE PREPARES AND KEEPS MINUTES OF ALL DELIBERATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ANNUAL AUDITED FINANCIAL STATEMENTS AND THE 990/990-T ARE AVAILABLE ON THE WEBSITE AND ARE MAILED UPON REQUEST. OTHER DOCUMENTS ARE NOT POSTED FOR PUBLIC ACCESS. FORM 990, PART XI, LINE 9: CHANGE IN CHARITABLE REMAINDER TRUSTS 17,113.