2019-05-14T13:36:54-05:00 2018-06-30 560574444 CHERRY BEKAERT LLP 1111 METROPOLITAN AVE STE 900 CHARLOTTE NC 28204 990 2017-07-01 560670666 MINT MUSEUM OF ART INC MINT 7043372000 2730 RANDOLPH ROAD CHARLOTTE NC 28207 DR TODD HERMAN PRESIDENT AND CEO 7043372000 2019-05-13 1 AMANDA ADAMS P00748038 7043771678 66.168.122.91 2019-05-13 12:24:42 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 0B670C8C210F0245D71F1F8B052AA4E3CE9649D0 2017 2019-02-21 02:37:17Z DR TODD HERMAN 2730 RANDOLPH ROAD CHARLOTTE NC 28207 6778639 0 X WWW.MINTMUSEUM.ORG X 1936 NC THE MINT MUSEUM IS A LEADING, INNOVATIVE MUSEUM OF INTERNATIONAL ART AND DESIGN COMMITTED TO ENGAGING AND INSPIRING ALL MEMBERS OF OUR GLOBAL COMMUNITY. THE MINT MUSEUM IS DEDICATED TO LEADERSHIP IN COLLECTING, EXHIBITING, CONSERVING, RESEARCHING, PUBLISHING, INTERPRETING, AND SHARING ART AND DESIGN FROM AROUND THE WORLD. THESE COMMITMENTS ARE CENTRAL TO THE MUSEUM'S CORE VALUES OF LEADERSHIP, INTEGRITY, INCLUSIVENESS, KNOWLEDGE, STEWARDSHIP, AND INNOVATION, PROMOTING UNDERSTANDING OF AND RESPECT FOR DIVERSE PEOPLES AND CULTURES. MUSEUM ADMISSION, SPECIAL EVENTS, LEARNING AND ENGAGEMENT PROGRAMS, AND OUTREACH INITIATIVES DEEPEN THE RELATIONSHIP BETWEEN THE ARTS AND CULTURE SECTOR AND THE DIVERSE COMMUNITY WE SERVE - REACHING OVER 500,000 PEOPLE THROUGH VISITATION AND ONLINE CHANNELS. 23 23 90 1700 1196622 365200 5287661 4280288 406097 431828 41220 60687 1354610 1448191 7089588 6220994 0 0 0 0 3933569 3599059 0 0 837984 6454514 5855945 10388083 9455004 -3298495 -3234010 86664540 86275940 881178 1383044 85783362 84892896 X THE MINT MUSEUM IS A LEADING, INNOVATIVE MUSEUM OF INTERNATIONAL ART AND DESIGN COMMITTED TO ENGAGING AND INSPIRING ALL MEMBERS OF OUR GLOBAL COMMUNITY. THE MINT MUSEUM IS DEDICATED TO LEADERSHIP IN COLLECTING, EXHIBITING, CONSERVING, RESEARCHING, PUBLISHING, INTERPRETING, AND SHARING ART AND DESIGN FROM AROUND THE WORLD. THESE COMMITMENTS ARE CENTRAL TO THE MUSEUM'S CORE VALUES OF LEADERSHIP, INTEGRITY, INCLUSIVENESS, KNOWLEDGE, STEWARDSHIP, AND INNOVATION, PROMOTING UNDERSTANDING OF AND RESPECT FOR DIVERSE PEOPLES AND CULTURES. 0 0 7276459 610314 THE MINT MUSEUM CELEBRATED THE "YEAR OF FASHION" IN FY18 WITH THREE SPECIAL EXHIBITIONS: THE EXHIBITION WILLIAM IVEY LONG: COSTUME DESIGNS 2007-2016, ORGANIZED BY THE MINT MUSEUM, EXPLORED LONG'S MOST RECENT WORK, FROM 2007 TO PRESENT AND FEATURED COSTUMES FROM THEATRICAL PRODUCTIONS. NORTH CAROLINA NATIVE WILLIAM IVEY LONG IS ONE OF THE MOST RENOWNED THEATRICAL COSTUME DESIGNERS WORKING TODAY. FOCUSING ON LONG'S PROCESS, IT FEATURED SKETCHES, SWATCHES, MOOD BOARDS, AND OTHER PREPARATORY MATERIALS IN ADDITION TO THE COSTUMES THEMSELVES. BECAUSE COSTUME DESIGN IS NOT AN AREA IN WHICH THE MINT COLLECTS, IT PROVIDED VISITORS WITH EXPOSURE TO THIS FORM OF ART AND ALLOWED FOR COMPARISON OF THE DIFFERENT GOALS OF THEATRICAL COSTUME AND FASHION.CONCEIVED AS THE FIRST IN A SERIES OF MINT-ORGANIZED EXHIBITIONS ABOUT NATIONALLY SIGNIFICANT COLLECTIONS IN OUR OWN COMMUNITY, CHARLOTTE COLLECTS: CONTEMPORARY COUTURE AND FABULOUS FASHION OFFERED A SAMPLING OF SARTORIAL SPLENDOR FROM THE COLLECTIONS OF SOME OF OUR CITY'S MOST STYLISH CHARLOTTEANS. THE EXHIBITION TOLD THE STORY OF EACH COLLECTORS' INDIVIDUAL PHILOSOPHIES AND COLLECTING CRITERIA. "THE YEAR OF FASHION" CULMINATED IN THE BLOCKBUSTER SHOW, THE GLAMOUR AND ROMANCE OF OSCAR DE LA RENTA, A TRAVELING EXHIBITION ORGANIZED BY OSCAR DE LA RENTA, LLC AND THE MUSEUM OF FINE ARTS, HOUSTON, AND GUEST CURATED BY ANDRE LEON TALLEY. ONE OF THE WORLD'S LEADING LUXURY FASHION FIRMS, OSCAR DE LA RENTA WAS BUILT ON THE FOUNDATION OF FEMININITY, CRAFTSMANSHIP, AND TIMELESS STYLE, OFTEN DRAWING INSPIRATION FROM HISTORIC EUROPEAN SOURCES. HIS FASHION DESIGNS REFERENCE BOTH EXTRAVAGANT EIGHTEENTH-CENTURY FRANCE THROUGH HIS USE OF RESPLENDENT FRENCH BROCADES, AND THE IMPOSING LEGACY OF THE GOLDEN AGE OF SPANISH ART WITH DESIGNS EXEMPLIFYING EXAGGERATED DRESS SILHOUETTES FOUND IN ROYAL PORTRAITURE.IN ADDITION TO THESE DYNAMIC EXHIBITIONS OF FASHION, THE MINT WAS PROUD TO TAKE A LEADING ROLE IN A CITYWIDE PROJECT CELEBRATING CONTEMPORARY MEXICAN PHOTOGRAPHY, IN FOCUS/EN FOQUE. THIS WAS A UNIQUE COLLABORATION WITH LOCAL MUSEUMS AND GALLERIES, INCLUDING LACA PROJECTS, THE BECHTLER MUSEUM OF MODERN ART, AND THE MCCOLL CENTER FOR ART + INNOVATION. THE MINT HOSTED DEVELAR Y DETONAR (REVEAL AND DETONATE), WHICH FEATURED THE WORK OF MORE THAN FORTY OF MEXICO'S LEADING PHOTOGRAPHERS. DEVELAR Y DETONAR REFLECTED THE MUSEUM'S ONGOING INTEREST IN THE MEDIUM OF PHOTOGRAPHY, AND STRENGTHENED ITS LONGSTANDING COMMITMENT TO BOTH CHARLOTTE'S RAPIDLY-GROWING LATIN AMERICAN POPULATION AND TO PRESENTING EXHIBITIONS OF CONTEMPORARY ART THAT ARE DEEPLY ENGAGED WITH IMPORTANT AND TIMELY ISSUES. THE EXHIBITION EXPLORED TOPICS THAT ARE CRITICAL TO BOTH MEXICANS AND AMERICANS, INCLUDING PERSONAL AND CULTURAL HISTORIES, RELIGION, SEXUAL IDENTITY, AND VIOLENCE (AS WELL AS THE IMPORTANCE OF FAMILY, CONNECTEDNESS, AND BEAUTY). IT WAS DRAWN FROM THE TELEVISA FOUNDATION'S IMPRESSIVE HOLDINGS OF CONTEMPORARY PHOTOGRAPHY BY THE COUNTRY'S LEADING PRACTITIONERS, AND ORGANIZED BY THE MEXICO CITY-BASED CURATORIAL COLLECTIVE HYDRA. IT WAS THE FIRST EXHIBITION OF ITS TYPE IN THE REGION AND WAS ACCOMPANIED BY DUAL-LANGUAGE DIDACTICS, TOURS, AND IN-GALLERY INTERACTIVE COMPONENTS, AS WELL AS PUBLIC PROGRAMS INCLUDING A FILM ABOUT AN ART PROJECT ON THE US/MEXICAN BORDER AND A PANEL DISCUSSION WITH THREE ARTISTS FROM MEXICO AND THREE ARTISTS FROM CHARLOTTE.THE MINT ALSO OPENED SMALLER EXHIBITIONS AROUND THE THEME OF MUSIC IN THE WORK OF ROMARE BEARDEN (SING ON THE CANVAS) AND OF A PRIVATE COLLECTION OF AMERICAN SCENE PAINTINGS (A DIFFERENT KIND OF MODERN). SING ON THE CANVAS FEATURED APPROXIMATELY 20 WORKS BY ROMARE BEARDEN DRAWN FROM THE MUSEUM'S COLLECTION AND SELECT LOCAL PRIVATE COLLECTIONS. IT EXPLORED BEARDEN'S LONGSTANDING INTEREST IN MUSIC IN HIS WORK, RANGING FROM JAZZ CONCERTS AND THE TRADITIONAL SONGS SUNG AT BAPTISMS TO MUSIC BEING SHARED IN DOMESTIC SETTINGS AND PASSED DOWN THROUGH GENERATIONS.ALTHOUGH NOT A SPECIAL EXHIBITION, THE MUSEUM ALSO COMPLETED A SIGNIFICANT REINSTALLATION OF ITS MODERN & CONTEMPORARY GALLERIES - THE FIRST SINCE THE OPENING OF MINT MUSEUM UPTOWN IN 2010. THE REINSTALLATION OFFERED AN OPPORTUNITY FOR THE MUSEUM TO REFRESH, CLARIFY, AND STRENGTHEN ITS PRESENTATION OF ITS HOLDINGS IN THIS AREA. ROUGH THEMATIC SECTIONS EXPLORE POSTWAR ABSTRACTION; OUR RELATIONSHIP WITH THE NATURAL WORLD; DIFFERENT VIEWS OF LUXURY AND GLAMOUR; AND MULTIPLE PERSPECTIVES ON SELF AND IDENTITY. ALMOST HALF OF THE WORK IS BY WOMEN ARTISTS; MANY NATIONALITIES AND CULTURAL BACKGROUNDS ARE REPRESENTED, AND NUMEROUS WORKS BY REGIONAL AND LOCAL ARTISTS ARE FEATURED. ADDITIONALLY, A NUMBER OF WORKS THAT HAD NEVER BEEN ON VIEW BEFORE MADE THEIR DEBUTS ALONGSIDE OLD VISITOR FAVORITES.SUNDAY FUN DAYS CONTINUED TO DRAW LARGE AND DIVERSE AUDIENCES, AVERAGING 300-325 VISITORS OF ALL AGES PER EVENT AT MINT MUSEUM UPTOWN. LESLIE STRAUSS, HEAD OF FAMILY & STUDIO PROGRAMS, AND HER DEPARTMENT PARTNERED WITH LOCAL ARTISTS FOR A FULL ROSTER OF PROGRAMMING, INCLUDING COSTUME DESIGN DEMONSTRATIONS BY AREA DESIGNER/ARTISTS, A PARTICIPATORY DRUM CIRCLE LED BY KOJO BEY OF DRUMS 4 LIFE, AND LIGHT UP CARD CREATING WITH DIGI-BRIDGE. POPULAR HANDS-ON EXPERIENCES INCLUDED FLOWER SMASHING NATURE PRINTS, FABRIC DYING, SCREEN PRINTING, DOUBLE EXPOSED INSTANT PHOTOS, 50TH BIRTHDAY CARDS FOR NCAC, AND FIGURE DRAWING FROM MODELS. EVERY EVENT INCORPORATED FAMILY YOGA RELATED TO THE DAY'S THEME, AND A SCAVENGER HUNT OR DOCENT TOUR IN THE MUSEUM GALLERIES.STUDENT ARTIST (STAR) GALLERY EXHIBITIONS ENGAGED STUDENTS AND SCHOOLS THIS YEAR AND CONNECTED THE GALLERY EXPERIENCE WITH THE CLASSROOM. THIS YEAR THE STAR GALLERIES WERE RENOVATED TO ALLOW STUDENTS THE OPPORTUNITY TO SHARE ARTIST STATEMENTS NEXT TO THEIR WORK, WHICH SHOWCASED 10 STUDENT EXHIBITIONS THAT FEATURED 495 STUDENTS' WORKS OF ART. A TOTAL OF 283 YOUTH AND 347 ADULTS ATTENDED RECEPTIONS FOR STAR GALLERY EXHIBIT OPENINGS. PROFESSIONAL DEVELOPMENT OPPORTUNITIES SERVED 26 LOCAL AND REGIONAL K-12 TEACHERS. TEACHERS PARTICIPATED IN TWO OPEN HOUSE SPECIAL EXHIBITION EVENTS, PRACTICED STRATEGIES TO TEACH VISUAL LITERACY, AND COLLABORATED WITH STUDENTS DURING A DESIGN WORKSHOP WITH COSTUME DESIGNER EMILIO SOSA. SCHOOL PROGRAMS STAFF CONTINUED A PARTNERSHIP WITH A LOCAL STEM MAGNET SCHOOL AND CONDUCTED AN OUTREACH PROGRAM FOR 80 EIGHTH GRADE VISUAL ARTS STUDENTS. "VOYAGES" ENGAGED STUDENTS WITH WORKS OF ART FROM THE MINT'S CRAFT + DESIGN COLLECTION GALLERIES, AND INSPIRED ORIGINAL WORKS CREATED BACK IN THE CLASSROOM. NEXGEN MINT CONTINUED FOR A FOURTH YEAR OFFERING TEENS, AGES 14 TO 18, A "PLACE AND SPACE" TO GATHER, EXCHANGE IDEAS, INTERACT, AND LEARN WITHIN THE MUSEUM SETTING. FOR FY18, 12 PROGRAMS WERE OFFERED TO 400 NEXGEN MINT MEMBERS, INCLUDING HANGOUTS, IN-STUDIO WORKSHOPS, AND ARTIST TALKS. NEXGEN STUDENTS REQUESTED AND ATTENDED AN OFF-SITE FUSED-GLASS WORKSHOP AT SHED BRAND STUDIOS. FY18 ARTISTS INCLUDE: ANITA TRIPATHI, AWARD-WINNING SET DESIGNER; PROJECT RUNWAY ALUMNUS EMILIO SOSA; NICOLE DRISCOLL, TEACHING ARTIST AFFILIATED WITH ARTS & SCIENCE COUNCIL (ASC); AND STATE OF THE ART FEATURED ARTISTS EYAKEM GULILAT AND JEFF WHETSTONE.RUBIE BRITT-HEIGHT, DIRECTOR OF COMMUNITY RELATIONS, CONDUCTED COMMUNITY OUTREACH PROGRAMS THAT REACHED NEARLY 12,000 PARTICIPANTS DURING FY18. SIX MINT TO MOVE CULTURAL DANCE NIGHTS, AVERAGING 200 PARTICIPANTS, FEATURED AFRO-CARIBBEAN MUSIC, DANCE LESSONS, AND LIVE ART DEMONSTRATIONS AT MINT UPTOWN. QUARTERLY COMMUNITY CONVERSATIONS COMBINED VISUAL AND PERFORMING ARTS AS A VEHICLE TO EXPLORE TOPICS SUCH AS CONTEMPORARY JAZZ MUSIC AND THE GROWING SOUTH ASIAN COMMUNITY. PROGRAMS INCLUDED HOSTING JOHNSON C. SMITH UNIVERSITY'S ART & AFRICAN AMERICAN STUDIES CLASSES, COMMUNITY SERVICE ORGANIZATIONS AND SENIOR GROUPS, CORPORATE EMPLOYEE RESOURCE GROUPS, AND WHO'S WHO IN BLACK CHARLOTTE NEWCOMERS RECEPTIONS. ADDITIONALLY, BRITT-HEIGHT SERVED ON THE DAVIDSON COLLEGE ARTS ADVISORY BOARD AND PUBLIC ARTS COMMISSION, AND HELPED PLAN LEVINE CENTER FOR THE ARTS COLLABORATIVE COMMUNITY DAY PROGRAMS WITH THE BLUMENTHAL PERFORMING ARTS CENTER AND ASC. NOTABLY, A NEW COMMUNITY PROGRAMS COORDINATOR WAS HIRED TO SUPPORT OUTREACH EFFORTS TO MEMBERS OF DIVERSE COMMUNITIES, PARTICULARLY THOSE UNDERSERVED AND FROM UNDERREPRESENTED CULTURAL/ETHNIC POPULATIONS.IN ITS 15TH YEAR, THE POPULAR GRIER HEIGHTS COMMUNITY YOUTH ARTS PROGRAM HAD ANOTHER SUCCESSFUL RUN, ENGAGING YOUTH, AGES 11-17, FROM ONE OF CHARLOTTE'S MOST FRAGILE COMMUNITIES. WITH ART AS A SPRINGBOARD, PARTICIPANTS GAINED HEALTHY LIFE SKILLS, ADVANCED WITH SELF-DEVELOPMENT SKILLS, ATTENDED THEATRICAL PRODUCTIONS AT THE BLUMENTHAL PERFORMING ARTS CENTER, EMBRACED HISTORY AND CULTURE, AND PARTICIPATED IN COMMUNITY SERVICE. 7276459 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 106 0 1 90 1 1 1 0 0 0 0 1 1 0 0 0 0 X 23 23 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NC X GARY BLANKEMEYER 7043372068 2730 RANDOLPH ROAD CHARLOTTE NC 28207 WESTON ANDRESS CHAIR 1.00 0.00 X X 0 0 0 JO ANN PEER PAST CHAIR 1.00 0.00 X X 0 0 0 TONI KENDRICK SECRETARY 1.00 0.00 X X 0 0 0 ROBERT SHERIDAN III TREASURER 1.00 0.00 X X 0 0 0 MARY BEAVER MEMBER 1.00 0.00 X 0 0 0 LEN BOTKIN MEMBER 1.00 0.00 X 0 0 0 CHRIS COPE MEMBER 1.00 0.00 X 0 0 0 BEVERLY SMITH HANCE MEMBER 1.00 0.00 X 0 0 0 KIM HENDERSON MEMBER 1.00 0.00 X 0 0 0 TODD HOLLEMAN MEMBER 1.00 0.00 X 0 0 0 CHANDRA JOHNSON MEMBER 1.00 0.00 X 0 0 0 SEAN JONES MEMBER 1.00 0.00 X 0 0 0 SCOTT MATTEI MEMBER 1.00 0.00 X 0 0 0 NEILL MCBRYDE MEMBER 1.00 0.00 X 0 0 0 SUSAN MCKEITHEN MEMBER 1.00 0.00 X 0 0 0 POSEY MEALY MEMBER 1.00 0.00 X 0 0 0 KARL NEWLIN MEMBER 1.00 0.00 X 0 0 0 AMY PITT MEMBER 1.00 0.00 X 0 0 0 MILTON PRIME MEMBER 1.00 0.00 X 0 0 0 MANUEL RODRIGUEZ MEMBER 1.00 0.00 X 0 0 0 PATRICIA COX VISER MEMBER 1.00 0.00 X 0 0 0 ROBERT WILHELM MEMBER 1.00 0.00 X 0 0 0 PAUL WRIGHT IV MEMBER 1.00 0.50 X 0 0 0 BRUCE LAROWE INTERIM PRESIDENT & CEO 40.00 0.00 X 0 0 0 TONI FREEMAN CHIEF OPERATING OFFICER 40.00 0.00 X 82856 0 5258 GARY BLANKEMEYER CHIEF FINANCIAL OFFICER 40.00 0.00 X 134667 0 9965 KATHLEEN JAMESON FORMER PRESIDENT & CEO 40.00 0.00 X 171278 0 10762 388801 0 25985 3 1 1 0 SUNSTATES SECURITY LLC 801 CORPORATE CENTER DR RALEIGH NC 27607 SECURITY SERVICES 525411 THE BUDD GROUP INC 2325 STRATFORD RD WINSTONSALEM NC 27103 HOUSEKEEPING SERVICES 217288 BONNIE HALL FINE ART PO BOX 596 CAMBRIA CA 93428 DESIGN CONTRACT MANAGER 153000 BIZ TECHNOLOGY SOLUTIONS INC 353 OATES RD MOORESVILLE NC 28117 IT ADVISORY & CONSULTING 140298 4 388007 294437 331272 82500 3184072 253470 4280288 MUSEUM ADMISSIONS 900099 309480 309480 EDUCATION PROGRAMS 611710 63141 63141 EVENT TICKETS 900099 22005 22005 37202 37202 431828 60687 60687 1284572 0 1284572 1284572 1196622 87950 284893 294437 303478 -18585 -18585 432653 254167 178486 178486 COMMISSIONS 900099 3718 3718 3718 6220994 610314 1196622 133770 X 232746 179473 29739 23534 2661955 2052663 340124 269168 54936 42362 7019 5555 434525 335036 55537 43952 214897 165709 27458 21730 9177 9177 1786473 1101906 520649 163918 142608 142123 485 422983 234754 131458 56771 482098 413081 62860 6157 134604 103750 17224 13630 23809 14944 4442 4423 1849532 1759075 62948 27509 83090 32792 50298 SPECIAL EVENTS 262390 261680 683 27 TAXES AND OTHER 213631 115758 15076 82797 EXHIBITIONS RENTAL/INST 161110 161063 47 RECEPTIONS/MEMBER SERVI 149168 34668 114500 135272 125622 5384 4266 9455004 7276459 1340561 837984 890639 906346 754384 723593 998909 451636 210958 297963 287600 310163 144535 142040 65253270 14530109 51576306 50723161 1871296 1720028 26969610 28119864 2960303 2881146 86664540 86275940 521588 886664 359590 496380 881178 1383044 X 5628034 5480277 58261093 57553100 21894235 21859519 85783362 84892896 86664540 86275940 X -3234010 73534 2270010 X 0 1 X 1 0 X 7501888 4080051 4682390 5287661 4280288 25832278 1641852 1641852 1641852 1641852 1641852 8209260 9143740 5721903 6324242 6929513 5922140 34041538 5412274 28629264 297593 338984 46438 125014 148637 956666 242345 38085 242900 180156 346615 1050101 72369 28400 15416 3718 119903 36168208 4423016 0.79160 0.79670 X X X X X 0 36647466 416122 3321173 1480340 38904421 34348060 316604 3693144 1710342 36647466 35900192 15000 265487 1832619 34348060 36435354 63477 857171 1455810 35900192 32735737 10000 5182996 1493379 36435354 0.00000 0.86590 0.13410 1 1 1 58649445 11082658 47566787 5215662 2264535 2951127 1303163 1182916 120247 85000 85000 50723161 BENEFICIAL INTERESTS IN TRUSTS 28119864 F 28119864 X PART III, LINE 1A: IN ACCORDANCE WITH GAAP AND THE PRACTICE TYPICALLY FOLLOWED BY MUSEUMS, EXHIBITS AND ART OBJECTS PURCHASED AND DONATED ARE NOT INCLUDED IN THE ACCOMPANYING CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. EVEN THOUGH NOT REPORTED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS, THE MUSEUM'S COLLECTION REPRESENTS ONE OF ITS MOST VALUABLE ASSETS. THE MUSEUM'S COLLECTIONS CONSIST OF ART OBJECTS AND ARTIFACTS OF HISTORICAL SIGNIFICANCE THAT ARE HELD FOR CURATORIAL AND EDUCATIONAL PURPOSES. THE COLLECTION IS KEPT UNDER CURATORIAL CARE, WHICH INCLUDES CONSERVATION PRACTICES, AND IS SUBJECT TO THE MUSEUM'S POLICY THAT REQUIRES PROCEEDS FROM THE SALE OF COLLECTION ITEMS TO BE USED ONLY FOR ACQUISITION OF ADDITIONAL COLLECTIONS. THE MUSEUM DOES NOT RECOGNIZE AS A CONTRIBUTION ANY INCOME FROM DONATED COLLECTION ITEMS, AS ITS COLLECTIONS ARE NOT CAPITALIZED. PART III, LINE 4: THE MINT MUSEUM COMPRISES TWO FACILITIES (MINT MUSEUM RANDOLPH AND MINT MUSEUM UPTOWN) AND NEARLY 35,000 OBJECTS IN ITS COLLECTION, ONE OF THE LARGEST COLLECTIONS IN THE SOUTHEAST. MINT MUSEUM RANDOLPH, ORIGINALLY CONSTRUCTED IN 1936, HOUSES THE MINT'S DECORATIVE ARTS, FASHION, ART OF THE ANCIENT AMERICAS, AND EUROPEAN, AFRICAN, ASIAN, AND NATIVE AMERICAN COLLECTIONS. THE MINT MUSEUM UPTOWN HOUSES THE INTERNATIONALLY-RENOWNED MINT MUSEUM OF CRAFT + DESIGN, AS WELL AS OUTSTANDING COLLECTIONS OF AMERICAN, CONTEMPORARY, AND EUROPEAN ART. DESIGNED BY MACHADO AND SILVETTI ASSOCIATES OF BOSTON, THE FIVE-STORY, 145,000 SQUARE-FOOT FACILITY COMBINES INSPIRING ARCHITECTURE WITH GROUNDBREAKING EXHIBITIONS TO PROVIDE VISITORS WITH UNPARALLELED EDUCATIONAL AND CULTURAL EXPERIENCES. LOCATED IN THE HEART OF UPTOWN CHARLOTTE, THE MINT MUSEUM UPTOWN IS AN INTEGRAL PART OF LEVINE CENTER FOR THE ARTS, A CULTURAL CAMPUS THAT INCLUDES THE BECHTLER MUSEUM OF MODERN ART, THE HARVEY B. GANTT CENTER FOR AFRICAN-AMERICAN ARTS + CULTURE, THE KNIGHT THEATER, AND THE DUKE ENERGY CENTER. PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS ARE USED FOR A VARIETY OF PURPOSES TO SUPPORT THE MINT'S PROGRAMS. THE ENDOWMENT BALANCES REPORTED IN PART V OF FORM 990 INCLUDE ENDOWMENT FUNDS HELD BY A SUPPORTING ORGANIZATION, FOUNDATION FOR THE MINT MUSEUM, WHICH EXISTS TO SUPPORT THE OPERATIONS OF THE MINT MUSEUM. PART X, LINE 2: THE MUSEUM IS EXEMPT FROM FEDERAL INCOME TAX UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"). IN ACCORDANCE WITH IRC REGULATIONS, THE MUSEUM IS TAXED ON UNRELATED BUSINESS INCOME, WHICH CONSISTS OF EARNINGS FROM ACTIVITIES NOT RELATED TO THE EXEMPT PURPOSE OF THE MUSEUM. THE MUSEUM ACCOUNTS FOR TAX UNCERTAINTIES BASED ON A MORE LIKELY THAN NOT RECOGNITION THRESHOLD WHEREBY TAX BENEFITS ARE ONLY RECOGNIZED WHEN THE MUSEUM BELIEVES THAT THEY HAVE A GREATER THAN 50% LIKELIHOOD OF BEING SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. ANNUAL GALA 579330 294437 284893 122907 53903 13000 113668 579330 294437 284893 122907 53903 13000 113668 303478 -18585 X X X X 0 0 0 0 0 0 0 0 0 KATHLEEN JAMESON FORMER PRESIDENT & CEO 171278 0 0 0 0 0 3426 0 7336 0 182040 0 0 0 X 85 X 2 5012 FMV X BLDG. IMPROV. 1 248458 COST 19 0 1 0 PART I, LINE 33: IN ACCORDANCE WITH GAAP, THE MUSEUM DOES NOT RECOGNIZE AS A CONTRIBUTION ANY INCOME FROM DONATED COLLECTION ITEMS AS ITS COLLECTIONS ARE NOT CAPITALIZED. ALTHOUGH NOT RECOGNIZED AS INCOME FOR GAAP, THE MUSEUM VALUATION OF THESE ASSETS FOR INTERNAL PURPOSES WAS JUST OVER $680,000. FORM 990, PART III, LINE 4A CONT. THROUGH THE MINT'S HIGHLY POPULAR LATINO INITIATIVE, A BROAD MENU OF LATINO-ORIENTED PROGRAMMING ATTRACTED 1,350 VISITORS THIS YEAR. THE FAMILY-FRIENDLY BILINGUAL STORIES AND MUSIC OFFERED SINGING, DANCING, AND STORIES TO YOUNG CHILDREN AND THEIR FAMILIES, DRAWING BOTH LATINO FAMILIES AS WELL AS NON-LATINO ONES WHO CONSIDER IT IMPORTANT FOR THEIR CHILDREN TO GAIN EXPOSURE TO LATINO/HISPANIC CULTURE. BILINGUAL STORIES AND MUSIC "ON WHEELS" TOOK THIS EXCITING PROGRAM OUT TO THE GREATER CHARLOTTE COMMUNITY, INCLUDING AT THE CAMINO COMMUNITY CENTER AND LA ESCUELITA WEEKDAY SCHOOL. THE ANNUAL CON A DE ARTE EVENT SHOWCASED THE WORK OF LOCAL LATINO ARTISTS THROUGH PRESENTATIONS MODELED AFTER THE TED CONFERENCES WHICH INCLUDE VISUAL ART PRESENTATIONS AND PERFORMANCES BY MUSICIANS, DANCERS, POETS, AND ACTORS. THE SIGNATURE LATIN MUSIC CONCERT SERIES, COMPRISED THREE EVENTS DURING THE COURSE OF FY18 THAT FEATURED LIVE BANDS PLAYING PUERTO RICAN, MEXICAN, AND LATIN JAZZ MUSIC. AT THE CONCLUSION OF FY18, FOLLOWING AN EXTREMELY THOROUGH NATIONAL SEARCH, THE MINT MUSEUM'S BOARD OF TRUSTEES UNANIMOUSLY VOTED DURING A SPECIALLY-CALLED CLOSED SESSION TO NAME DR. TODD HERMAN TO THE POSITION OF PRESIDENT & CEO. TODD JOINED US IN AUGUST 2018 FROM THE ARKANSAS ARTS CENTER IN LITTLE ROCK, WHERE HE HAD BEEN DIRECTOR & CEO SINCE 2011. FORM 990, PART VI, SECTION A, LINE 7A THE MAYOR AND CITY COUNCIL OF THE CITY OF CHARLOTTE MAY EACH APPOINT A TRUSTEE FOR THREE-YEAR TERMS ENDING AT THE DATE OF THE ANNUAL OR SUBSTITUTE ANNUAL MEETING OF THE MEMBERS OF THE CORPORATION. ANY VACANCY OCCURRING IN THE MEMBERS OF THE BOARD OF TRUSTEES APPOINTED BY THE MAYOR OR THE CITY COUNCIL SHALL BE FILLED ONLY BY THE MAYOR OR THE CITY COUNCIL, RESPECTIVELY. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES RECEIVES A PUBLIC DISCLOSURE COPY OF THE FORM 990 TO PROTECT THE PRIVACY OF THE ORGANIZATION'S DONORS. A COPY OF THE FORM 990 IS ALSO REVIEWED BY THE FULL BOARD OF DIRECTORS PRIOR TO SUBMITTING IT TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT EACH YEAR. THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES THE POLICY. IF AN ISSUE ARISES DURING THE YEAR, IT MUST BE BROUGHT TO THE BOARD'S ATTENTION. THE MEMBER WITH THE POTENTIAL ISSUE WILL RECUSE HIMSELF OR HERSELF FROM BOTH THE DISCUSSION AND VOTE. FORM 990, PART VI, SECTION B, LINE 15 EACH POSITION WITHIN THE MUSEUM IS EVALUATED AND ASSIGNED A "GRADE," WHICH IS IN TURN ASSOCIATED WITH A SALARY RANGE THAT IS UPDATED ANNUALLY BASED ON INFLATION AND OTHER ECONOMIC FACTORS. COMPENSATION FOR ALL STAFF POSITIONS FOR THE MUSEUM IS EVALUATED ANNUALLY THROUGH A PROCESS OF BENCHMARKING JOB DESCRIPTIONS/RESPONSIBILITIES WITH SIMILAR POSITIONS FOUND IN THE ASSOCIATION OF ART MUSEUM DIRECTORS' SALARY SURVEY, WHICH IS UPDATED ANNUALLY AND/OR THE "WAGE AND SALARY SURVEY" PUBLISHED BY THE EMPLOYERS' ASSOCIATION BIANNUALLY. THE PRESIDENT & CEO AND COO THEN REVIEW EACH POSITION'S COMPENSATION AS IT RELATES TO THE SALARY SURVEYS AND MAKE ADJUSTMENTS TO THE PAY ACCORDINGLY. THE PRESIDENT AND CEO'S SALARY AND BENEFITS PACKAGE IS ADJUSTED AND APPROVED BY THE FULL BOARD OF TRUSTEES AND DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE MUSEUM'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 1,101,906. MANAGEMENT AND GENERAL EXPENSES 488,722. FUNDRAISING EXPENSES 163,918. TOTAL EXPENSES 1,754,546. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 31,927. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,927. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTERESTS IN TRUSTS 2,270,010. FOUNDATION FOR THE MINT MUSEUM 220 NORTH TRYON STREET CHARLOTTE NC 28202 202749804 SUPPORT MINT MUSEUM NC 501(C)(3) LINE 12A, I N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0