2019-04-23T11:54:24-05:00 2018-08-31 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 777 E WISCONSIN AVENUE 32ND FLOOR MILWAUKEE WI 53202 990 2017-09-01 391723105 MILWAUKEE PUBLIC MUSEUM INC MILW 4142786939 800 W WELLS STREET MILWAUKEE WI 53233 RYAN O'DESKY CFO 4142786939 2019-04-18 1 TROY MARINE CPA P00187863 4147775500 2019-04-18 69.11.230.151 2019-04-18 11:10:23 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 4F3A2D76CFB891132660CA62ECA341992B86C414 2017 2019-02-21 02:37:17Z ELLEN CENSKY 800 W WELLS STREET MILWAUKEE WI 53233 13513688 0 X WWW.MPM.EDU X 1992 WI THE MILWAUKEE PUBLIC MUSEUM INSPIRES CURIOSITY, EXCITES MINDS AND INCREASES THE DESIRE TO PRESERVE AND PROTECT OUR WORLD'S NATURAL AND CULTURAL DIVERSITY THROUGH EXHIBITIONS, EDUCATIONAL PROGRAMS, COLLECTIONS AND RESEARCH. 35 35 187 219 -43271 0 6793474 8156468 3805768 3838409 7686 50306 255169 160277 10862097 12205460 0 0 0 0 7256159 6884808 0 0 812547 5261577 6616378 12517736 13501186 -1655639 -1295726 18359237 16623101 10507557 9106168 7851680 7516933 THE MILWAUKEE PUBLIC MUSEUM INSPIRES CURIOSITY, EXCITES MINDS AND INCREASES DESIRE TO PRESERVE AND PROTECT OUR WORLD'S NATURAL AND CULTURAL DIVERSITY THROUGH EXHIBITIONS, EDUCATIONAL PROGRAMS, COLLECTIONS AND RESEARCH. 0 0 10913264 3931632 THE MILWAUKEE PUBLIC MUSEUM, INC. OPERATES A NATURAL HISTORY MUSEUM WHICH FOCUSES ON EXHIBITS, PUBLIC PROGRAMMING, AND RESEARCH IN THE NATURAL SCIENCES, ANTHROPOLOGY AND HISTORY. THE MILWAUKEE PUBLIC MUSEUM, INC. UNIQUELY AND DIRECTLY ADDRESSES THE THEMES OF BIOLOGICAL AND CULTURAL DIVERSITY AND THEIR INTERRELATIONSHIPS. THE MILWAUKEE PUBLIC MUSEUM, INC. PRESERVES AND CARES FOR ITS COLLECTIONS HELD IN PUBLIC TRUST. THROUGH RESEARCH AND COLLECTIONS, THE MILWAUKEE PUBLIC MUSEUM INC. SEEKS KNOWLEDGE AND UNDERSTANDING OF GLOBAL CHANGE AND DIVERSITY FROM GEOLOGICAL, BIOLOGICAL, CULTURAL, AND HISTORICAL PERSPECTIVES. THROUGH ITS RENOWNED EXHIBITS, ITS PROGRAMS AND ITS PUBLICATIONS, THE MILWAUKEE PUBLIC MUSEUM, INC. INTERPRETS THESE THEMES TO DIVERSE AUDIENCES. 10913264 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 73 0 187 1 1 1 0 0 0 0 1 1 0 0 0 0 X 35 35 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 WI X X RYAN O'DESKY 4142786939 800 W WELLS STREET MILWAUKEE WI 53233 ALEXANDER FRASER BOARD MEMBER 1.00 X 0 0 0 BETSY BROWN WYATT BOARD MEMBER 1.00 X 0 0 0 BEVERLY SMILEY BOARD MEMBER 1.00 X 0 0 0 BLAIR WILLIAMS BOARD MEMBER 1.00 X 0 0 0 CARA MILLER BOARD MEMBER 1.00 X 0 0 0 CHARLES I HENDERSON ASST SECRETARY/ ASST TREAS 1.00 X X 0 0 0 CHARLES WRIGHT JR BOARD MEMBER 1.00 X 0 0 0 CHRISTINE RUNDBLAD BOARD MEMBER 1.00 X 0 0 0 COREY JASKOLSKI BOARD MEMBER 1.00 X 0 0 0 EDDIE CULLEN BOARD MEMBER 1.00 X 0 0 0 ETHAN ELSER SR BOARD MEMBER 1.00 X 0 0 0 GERALD RANDALL BOARD MEMBER 1.00 X 0 0 0 JASON ALLEN BOARD MEMBER 1.00 X 0 0 0 JAY WILLIAMS BOARD MEMBER 1.00 X 0 0 0 JOHN MALLOY BOARD MEMBER 1.00 X 0 0 0 KEITH BAISDEN BOARD MEMBER 1.00 X 0 0 0 KHALIF RAINEY BOARD MEMBER 1.00 X 0 0 0 LYDIA CHARTRE SECRETARY 1.00 X X 0 0 0 LYLE IGNACE BOARD MEMBER 1.00 X 0 0 0 MARY ELLEN PINDYCK BOARD MEMBER 1.00 X 0 0 0 MICHAEL G CARTER IMMEDIATE PAST CHAIRMAN 1.00 X X 0 0 0 MICHAEL VANASTEN BOARD MEMBER 1.00 X 0 0 0 NIKSA IVANCEVIC BOARD MEMBER 1.00 X 0 0 0 PATRICIA J HOBEN BOARD MEMBER 1.00 X 0 0 0 PATRICIA YUNK BOARD MEMBER 1.00 X 0 0 0 SUPREME MOORE OMOKUNDE BOARD MEMBER 1.00 X 0 0 0 SUSAN MARTIN BOARD MEMBER 1.00 X 0 0 0 THAD NATION BOARD MEMBER 1.00 X 0 0 0 TIMOTHY P BYRNE CHAIRMAN 1.00 X X 0 0 0 MIKELIUS ABULS BOARD MEMBER 1.00 X 0 0 0 PATRICK DISTEFANO VICE CHAIRMAN 1.00 X 0 0 0 JOHN GRUNAU BOARD MEMBER 1.00 X 0 0 0 JILL TIMM TREASURER 1.00 X X 0 0 0 JOHN UTZ BOARD MEMBER 1.00 X 0 0 0 DENNIS KOIS RESIGNED 83118 PRESIDENT/CEO 40.00 X 250694 0 18364 ELLEN CENSKY SR. VP OF MUSEUM PROGRAMS 40.00 X 149631 0 7614 HILLARY OLSON VP OF AUDIENCE & COMMUNITY ENGAGEMENT 40.00 X 151125 0 3361 KAREN L SPAHN RETIRED 7418 SR. VP OF DEVELOPMENT 40.00 X 163952 0 12232 PATTI DEW RESIGNED 123017 VP OF FINANCE & OPERATIONS 40.00 X 154475 0 1614 RYAN O'DESKY HIRED 31918 SR VP OF FINANCE & OPERATIONS 40.00 X 0 0 0 JULIE QUINLAN HIRED 71618 SR. VP OF DEVELOPMENT 40.00 X 0 0 0 869877 0 43185 5 0 1 0 SCIENCE CENTER OF MINNESOTA 120 W KELLOGG BLVD ST PAUL MN 55102 EXHIBIT ROYALTIES-MAYA 273736 ZILLI HOSPITALITY GROUP 613 NORTH GRANDVIEW BLVD WAUKESHA WI 53188 EVENT PLANNING 173236 TREES ON THE MOVE 5611 SOUTH CALHOUN ROAD NEW BERLIN WI 53151 CONTRACTOR-COURTYARD 166144 AMERICAN MUSEUM OF NATURAL HISTORY CENTRAL PARK WEST 79TH ST NEW YORK NY 10024 EXHIBIT RENTAL & DEINSTALL OF GLOBAL KIT 135435 ACCESS DIRECT MARKETING LLC 637 N EUCLID AVE SUITE 200 OAK PARK IL 60302 DIRECT MAIL 133627 6 370251 3528809 4257408 145322 8156468 MUSEUM ADMISSIONS 713990 2168334 2168334 MEMBERSHIP REVENUE 713990 1080048 1080048 THEATER/PLANETARIUM ADMISSIONS 713990 268197 268197 RESTAURANT 713990 168315 168315 PROGRAM 713990 153515 153515 3838409 8441 8441 127601 170872 -43271 -43271 -43271 344363 302498 41865 41865 41865 251487 370251 218685 32802 32802 16760 99 16661 16661 709297 616074 93223 93223 OTHER INCOME 713990 60862 60862 60862 12205460 3931632 -43271 160631 913063 311732 425147 176184 4512937 3638350 470261 404326 100795 100795 979689 681038 195658 102993 378324 284360 55034 38930 42203 42203 60288 60288 1816 1816 506907 348452 98949 59506 507773 499156 5970 2647 789957 754981 34195 781 1050238 1050238 99156 83786 13654 1716 63646 63646 2151704 2151704 80443 410 80033 MAINTENANCE 709193 706491 2702 MISCELLANEOUS 310743 180935 122551 7257 PRINTING 139402 125102 14300 POSTAGE & SHIPPING 102909 96529 2473 3907 13501186 10913264 1775375 812547 2213814 2122890 1474241 1950398 59358 47965 42281 43370 61410 180223 34133981 21855726 14184514 12278255 323619 0 18359237 16623101 1001164 1236745 1091035 1224025 710000 320000 7705358 6325398 10507557 9106168 X 4228694 3804369 3622986 3712564 7851680 7516933 18359237 16623101 X -1295726 -21078 982057 X X 0 1 X 1 0 X 8039301 8896514 8837569 6793474 8156468 40723326 8039301 8896514 8837569 6793474 8156468 40723326 396467 40326859 7081 6277 6479 7483 8441 35761 153862 61249 138156 90971 60862 505100 41264187 18719775 0.97730 0.96180 X X X X X 6522749 76100 428542 86363 9345 30993 6900690 6019469 5135 691903 159548 5810 28400 6522749 6452795 2000 296306 700000 5187 26445 6019469 7553313 2100 -326597 700000 44351 31670 6452795 7081426 30000 874703 390000 9351 33465 7553313 0.37000 0.55000 0.08000 0 1 1 20848369 12969508 7878861 13265625 8886218 4379407 19987 19987 12278255 INTEREST PAYABLE 4537 DUE TO OTHER ENTITIES 766855 LINE OF CREDIT 852295 ACCRUED PENSION AND POSTRETIREMENT BENEFITS 4701711 6325398 X 14130847 -21078 61289 1111532 1151743 12979104 1816 -775460 -773644 12205460 14465594 61289 1005730 1067019 13398575 1816 100795 102611 13501186 PART III, LINE 1A: THE COUNTY HAS LEGAL TITLE TO MPM, INC.'S BUILDING, EXHIBITS AND ARTIFACTS, INCLUDING ANY BUILDING ADDITIONS AND IMPROVEMENTS FUNDED BY THE COUNTY OR MPM, INC. ALL SUCH ASSETS ARE LEASED TO MPM, INC. UNDER A LONG-TERM LEASE. MPM, INC. HAS NOT RECORDED THE BUILDING AND EXHIBITS FROM THE LONG-TERM LEASE IN ITS CONSOLIDATED FINANCIAL STATEMENTS AS THE VALUE CANNOT BE DETERMINED. MPM, INC. CAPITALIZES BUILDING ADDITIONS, IMPROVEMENTS AND EXHIBIT COSTS WHEN MPM, INC. IS OBLIGATED TO PAY FOR THOSE CAPITAL ITEMS INCLUDING THE IMAX THEATER, THE BUTTERFLY WING, THE CONCOURSE, THE GARDEN GALLERY, GIFT SHOPS AND RESTAURANTS. THESE ASSETS WILL REVERT TO THE COUNTY IF MPM, INC. WERE TO VACATE THE FACILITY. MPM, INC. AMORTIZES THESE COSTS OVER THEIR ANTICIPATED USEFUL LIVES. PART V, LINE 4: TO SUPPORT THE EXEMPT PURPOSE OF THE MILWAUKEE PUBLIC MUSEUM. PART X, LINE 2: MPM, INC. AND THE ENDOWMENT FUND ARE EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO INCOME TAXES HAVE BEEN PROVIDED FOR IN THE CONSOLIDATED FINANCIAL STATEMENTS. MPM, INC.'S AND THE ENDOWMENT FUND'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE TAX RETURNS FOR FISCAL YEARS 2015 AND THEREAFTER ARE OPEN TO EXAMINATION BY FEDERAL AUTHORITIES AND THE TAX RETURNS FOR FISCAL YEARS 2014 AND THEREAFTER ARE OPEN TO EXAMINATION BY STATE AUTHORITIES. THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS, ONLY IF THERE IS SUBSTANTIAL AUTHORITY THAT THE POSITION WILL BE UPHELD BASED ON THE TECHNICAL MERITS OF THE POSITION. THE ORGANIZATION DOES NOT BELIEVE THAT IT HAS ANY UNCERTAIN TAX POSITIONS AT AUGUST 31, 2018 AND 2017. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 170,872. GAMING EXPENSES 99. COST OF GOODS SOLD 616,074. SPECIAL EVENT EXPENSES 218,685. NET CHANGE IN INTEREST SWAP LIABILITY 5,007. PENSION AND POST-RETIREMENT BENEFIT 100,795. PART XI, LINE 4B - OTHER ADJUSTMENTS: ACTUARIAL LOSS ON POST-RETIREMENT BENEFITS -775,460. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 170,872. GAMING EXPENSES 99. COST OF GOODS SOLD 616,074. FOM SPECIAL EVENT EXPENSES 218,685. PART XII, LINE 4B - OTHER ADJUSTMENTS: EMPLOYER CONTRIBUTION - HEALTH 100,795. GALA 406085 245104 160981 20982 61463 5910 51629 FOOD & FROTH 157852 101531 56321 4222 14976 3300 26477 2 57801 23616 34185 5075 19587 800 4264 621738 370251 251487 30279 96026 10010 82370 218685 32802 16760 99 0 16760 99 99 16661 WI 1 0 0 0 GAIL BOYM 800 W WELLS STREET MILWAUKEE WI 53233 0 X 0 X X X X 0 0 0 0 0 0 0 0 0 DENNIS KOIS RESIGNED 83118 PRESIDENT/CEO 250694 0 0 0 0 0 3933 0 14431 0 269058 0 0 0 ELLEN CENSKY SR. VP OF MUSEUM PROGRAMS 149631 0 0 0 0 0 2298 0 5316 0 157245 0 0 0 HILLARY OLSON VP OF AUDIENCE & COMMUNITY ENGAGEMENT 151125 0 0 0 0 0 2285 0 1076 0 154486 0 0 0 KAREN L SPAHN RETIRED 7418 SR. VP OF DEVELOPMENT 163952 0 0 0 0 0 2590 0 9642 0 176184 0 0 0 PATTI DEW RESIGNED 123017 VP OF FINANCE & OPERATIONS 154475 0 0 0 0 0 515 0 1099 0 156089 0 0 0 X 3 IN-KIND X IN-KIND X 9 145322 FMV X 3 IN-KIND X 8 IN-KIND X 1320 IN-KIND 0 1 0 PART I, LINE 33: MILWAUKEE COUNTY HAS LEGAL TITLE TO THE MILWAUKEE PUBLIC MUSEUM, INC. (MPM, INC.) EXHIBITS AND ARTIFACTS, INCLUDING ALL NON-CASH ITEMS ADDED TO THE PERMANENT COLLECTION. ALL SUCH ASSETS ARE LEASED TO MPM, INC. UNDER A LONG-TERM LEASE. THE ASSET VALUE CANNOT BE DETERMINED, THEREFORE THE REVENUE AND ASSETS ARE NOT INCLUDED ON MPM, INC.'S FINANCIAL STATEMENTS AND AS SUCH NO REVENUE FOR THE ITEMS IS INCLUDED ON SCHEDULE M. FORM 990, PART VI, SECTION B, LINE 11B THE CFO AND CONTROLLER WILL REVIEW THE PREPARED RETURNS. THE RETURNS WILL BE REVIEWED BY THE AUDIT AND FINANCE COMMITTEE PRIOR TO SUBMISSION TO THE APPROPRIATE TAXING AUTHORITIES. IN ADDITION, EACH MEMBER OF THE BOARD OF DIRECTORS WILL RECEIVE AN ELECTRONIC COPY OF THE IRS FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE BOARD AND MEMBERS OF THE MUSEUM MANAGEMENT ARE REQUIRED TO COMPLETE AND SIGN A REPORT ON POTENTIALLY CONFLICTING INTERESTS AND THE GOVERNANCE COMMITTEE IS REQUIRED TO SHARE THE RESPONSES WITH THE BOARD EACH YEAR. A MOTION IS MADE TO ACCEPT THE REPORT AND IS VOTED ON. FORM 990, PART VI, SECTION B, LINE 15 THE HUMAN RESOURCES COMMITTEE DETERMINES THE SALARY LEVELS FOR OFFICERS BASED ON REVIEWS OF SALARY STUDIES FROM MRA AND MIDWEST ASSOCIATION OF MUSEUMS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, BOARD MINUTES, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AS REQUIRED BY THE OPEN RECORDS LAW. THE CONFLICT OF INTEREST DISCLOSURE IS READ INTO THE MINUTES ANNUALLY. FORM 990, PART XI, LINE 9: NET CHANGE IN INTEREST SWAP LIABILITY 5,007. ACTUARIAL GAIN ON POST-RETIREMENT BENEFITS 876,255. EMPLOYER CONTRIBUTION - HEALTH 100,795. FORM 990, PART XI, LINE 2C NO CHANGES WERE MADE FROM THE PRIOR YEAR. MILWAUKEE PUBLIC MUSEUM ENDOWMENT FUND 800 W WELLS STREET MILWAUKEE WI 53233 237055827 SUPPORTING THE CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES OF MPM. WI 501 (C)(3) 12, TYPE I MILWAUKEE PUBLIC MUSEUM INC 1 0 0 1 0 1 0 0 0 0 0 0 1 0 1 1 0 0 0 0 MILWAUKEE PUBLIC MUSEUM ENDOWMENT FUND E 1172295 FMV MILWAUKEE PUBLIC MUSEUM ENDOWMENT FUND C 86363 FMV