2019-05-14T09:59:25-05:00 2018-06-30 946214841 ARMANINO LLP 12657 ALCOSTA BLVD STE 500 SAN RAMON CA 945834600 990 2017-07-01 941704765 ASIAN ART MUSEUM FOUNDATION OF SAN FRANCISCO ASIA 4155813500 200 LARKIN STREET SAN FRANCISCO CA 941024734 JOANNE T CHOU CFO 4155813730 2019-05-13 1 KATY BROWN P00650274 9257902600 2019-05-13 38.111.205.16 2019-05-13 20:32:54 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 A2EF7C6B3EF9173E0A95C57244F2B1B86FE486B2 2017 2019-02-21 02:37:17Z JOANNE T CHOU 200 LARKIN STREET SAN FRANCISCO CA 941024734 53602659 0 X WWW.ASIANART.ORG X 1969 CA PUBLIC EXHIBITION OF ART OBJECTS 41 41 202 290 17405 85068 26251922 41144512 1681228 1203267 2316880 6906223 1228838 648775 31478868 49902777 0 0 0 0 18487175 18200007 0 0 4126725 17907181 14875562 36394356 33075569 -4915488 16827208 235451094 250515934 91300754 89149081 144150340 161366853 X THE ASIAN ART MUSEUM OF SAN FRANCISCO IS A PUBLIC INSTITUTION WHOSE MISSION IS TO CONNECT ART TO LIFE. THE MUSEUM INSPIRES NEW WAYS OF THINKING BY CONNECTING DIVERSE COMMUNITIES TO HISTORICAL AND CONTEMPORARY ASIAN ART AND CULTURE THROUGH OUR WORLD-CLASS COLLECTION, EXHIBITIONS AND PROGRAMS. 0 0 20307488 1816682 THE MUSEUM IS ONE OF SAN FRANCISCO'S PREMIER ARTS INSTITUTIONS AND HOME TO A WORLD-RENOWNED COLLECTION OF MORE THAN 18,000 ASIAN ART TREASURES SPANNING 6,000 YEARS OF HISTORY AND REPRESENTING COUNTRIES AND CULTURES THROUGHOUT ASIA. THE COLLECTION'S SCOPE AND BREADTH ENABLE THE MUSEUM TO INTRODUCE ALL THE MAJOR TRADITIONS OF ASIAN ART AND CULTURE. MORE THAN 2,500 ARTWORKS FROM THE COLLECTION ARE GENERALLY ON VIEW IN THE MUSEUM'S THIRTY-THREE COLLECTION GALLERIES, WITH ANOTHER 500 OBJECTS REMOVED AND REFRESHED WITH WORKS FROM STORAGE EACH YEAR. EXIT SURVEYS SUGGEST THAT THE MUSEUM HAS STRONG AND GLOBAL REACH - APPROXIMATELY 54% OF THE VISITORS CAME FROM THE BAY AREA AND 17% ORIGINATED FROM OUTSIDE THE US, 29% OF VISITORS ARE FROM OTHER PARTS OF THE UNITED STATES. ECHOING THE REGIONS ETHNIC MAKE-UP. 1226963 THE MUSEUM PROVIDES A BROAD RANGE OF PROGRAM THAT EXPLORE ALL THE CULTURES PRESENTED IN THE MUSEUM'S COLLECTION AND EXHIBITIONS, AND ARE DESIGNED TO REACH ALL LEVELS OF EDUCATION (K-12, COLLEGE, AND ADULT) AND AWARENESS OF ART (NOVICE THROUGH EXPERT), FREE DOCENT LED TOURS OF THE COLLECTION GALLERIES AND SPECIAL EXHIBITIONS ARE CONDUCTED THROUGHOUT THE DAY. THE MUSEUM'S STORYTELLING CORPS OFFER ENTERTAINING AND EDUCATIONAL PROGRAMS FOR CHILDREN AND ADULTS RELATING TO ARTWORKS ON VIEW. SCHOOL PROGRAMS INCLUDE A VARIETY OF INDUSTRY-BASED ACTIVITIES: ALL CLASS TOURS ARE INTERACTIVE AND EMPHASIZE OBSERVATION SKILLS, CRITICAL THINKING, GROUP WORK, AND PEER PRESENTATIONS. MORE THAN 28,000 OF THE MUSEUM'S 215,000 ANNUAL VISITORS PARTICIPATED IN ONE OF THE HUNDREDS OF PUBLIC PROGRAMS PRESENTED FROM JULY 1 2017 TO JUNE 30, 2018. 1029447 FLOWER POWERJUNE 23 - OCT 1, 2017DURING THE SUMMER OF LOVE, FLOWERS BECAME POWERFUL SYMBOLS OF PEACE, A CONCEPT PLUCKED FROM BUDDHIST ART. MORE THAN MERELY DECORATIVE, FLORAL IMAGERY HAS HELPED CONVEY IDEAS FROM THE REFINED TO THE REVOLUTIONARY FOR THOUSANDS OF YEARS. IN ASIAN ART, FLOWERS SPEAK A LANGUAGE ALL THEIR OWN. WHERE A LOTUS BLOOMS, A ROSEBUD IS CLASPED, OR CHERRY BLOSSOMS FLUTTER TO THE GROUND, A STORY IS TOLD IF YOU KNOW HOW TO READ IT. -- THIS SUMMER, UNCOVER THE HIDDEN MEANINGS OF FLOWERS IN ASIAN ART. DELVE INTO THE SYMBOLISM OF SIX SIGNIFICANT BLOOMS: THE LOTUS, PLUM BLOSSOM, CHERRY BLOSSOM, CHRYSANTHEMUM, TULIP, AND ROSE. THE ENDURING IMPORTANCE OF THESE FLOWERS IS SHARED THROUGH GLORIOUSLY GILDED SCREENS, SLEEK LACQUERS, RARE PORCELAINS, STRIKING SCULPTURES, POP ART, AND SENSORY-IGNITING, PARTICIPATORY CONTEMPORARY INSTALLATIONS THAT SPEAK TO TODAY'S ISSUES, FROM CLIMATE CHANGE TO SOCIAL ACTIVISM. PHILIPPINE ART: COLLECTING ART, COLLECTING MEMORIES JULY 14, 2017 - MARCH 11, 2018PHILIPPINE ART: COLLECTING ART, COLLECTING MEMORIES REVEALS THE PHILIPPINES' ROLE AS A CENTER OF ARTISTIC EXCHANGE AND INNOVATION, WHERE ARTISTS WITH THEIR OWN INDIGENOUS RELIGIONS AND TRADITIONS WERE EXPOSED TO NEW IDEAS FROM THE TRADE BETWEEN CHINA AND INDIA. THE EXPANSION OF ISLAM TO THE ARCHIPELAGO, AND LATER THE LONG PERIODS OF SPANISH AND AMERICAN COLONIALISM, HAVE MADE THE ARTS OF THE PHILIPPINES UNLIKE ANY IN ASIA. CONTEMPORARY ARTISTS CONTINUE TO DRAW AND REFLECT UPON THESE SUBJECTS AND THE LEGACY OF THEIR COUNTRY'S TUMULTUOUS PAST.THIS UNPRECEDENTED EXHIBITION ONE OF THE FIRST IN THE UNITED STATES TO PRESENT PHILIPPINE ART FROM THE PRECOLONIAL PERIOD TO THE PRESENT IS THE RESULT OF MORE THAN A DECADE OF STUDY AND COLLECTING BY THE MUSEUM'S CURATORIAL TEAM. THE MUSEUM IS PLEASED TO SHARE THESE NEW ACQUISITIONS, MANY ON VIEW FOR THE FIRST TIME, WITH OUR BAY AREA COMMUNITY, WHICH HAS BEEN SO ENRICHED BY ITS RESIDENTS OF FILIPINO ANCESTRY. COUTURE KOREANOV 3, 2017 - FEB 4, 2018DISCOVER THE PAST, PRESENT AND FUTURE OF KOREA IN THIS FIRST U.S. EXHIBITION TO CONSIDER KOREAN FASHION AS AN EXPRESSION OF SOCIAL AND CULTURAL VALUES. COUTURE KOREA SHOWCASES HISTORICAL KOREAN FASHION AND ITS MODERN REINTERPRETATIONS AT A MOMENT WHEN YOUNG SEOUL-BASED DESIGNERS ARE MAKING THE LEAP TO THE GLOBAL STAGE AND INTERNATIONAL HAUTE COUTURE IS FINDING INSPIRATION IN KOREAN ART AND CULTURE. WITH MORE THAN 120 WORKS, THE EXHIBITION CONSIDERS FASHION AS AN ENDURING EXPRESSION OF SOCIAL AND CULTURAL VALUES.COUTURE KOREA OPENS WITH AN INTRODUCTION TO THE EXQUISITE CRAFTSMANSHIP, SIGNATURE SILHOUETTES AND BOLD AESTHETICS OF CLOTHING FROM THE JOSEON DYNASTY (13921910), PRESENTED IN PRECISE RECONSTRUCTIONS BASED ON ARCHIVAL RECORDS. LEARN HOW DETAILS OF DESIGN CUT, MATERIALS, COLORS AND ACCESSORIES COMMUNICATED MORAL CODES AND CUSTOMS, THE WEARER'S AGE AND POSITION IN SOCIETY, AND THE OCCASION AND SEASON FOR WHICH A GARMENT WAS CRAFTED. THEN OBSERVE THE WORKS OF CONTEMPORARY KOREAN DESIGNERS AND SEE HOW THEY ARE REIMAGINING AND REPURPOSING THOSE HISTORICAL DETAILS OF DESIGN FOR TODAY'S HIGH FASHION WORLD.DIVINE BODIES MARCH 9 - JULY 29, 2018HOW CAN WE SEE THE HUMAN IN THE DIVINE AND THE DIVINE IN THE HUMAN? HISTORICAL SCULPTURES AND PAINTINGS FROM HINDU AND BUDDHIST TRADITIONS IN CONVERSATION WITH CONTEMPORARY PHOTO-BASED WORK SPARK QUESTIONS ABOUT THE LINKS BETWEEN PHYSICAL AND METAPHYSICAL, EARTHLY AND ETHEREAL, BODY AND COSMOS. IMAGES OF GODS, BUDDHAS, AND HUMANS INVITE YOU TO PONDER THE POWER OF TRANSFORMATION, THE POSSIBILITY OF TRANSCENDENCE AND HOW TO FIND MEANING IN AN IMPERMANENT WORLD.A GUIDED TOUR OF HELLAPRIL 20 - AUGUST 12, 2018TAKE A GUIDED TOUR OF THE UNDERWORLD WITH THE BUDDHA OF HELL AS GUIDE. MORE THAN 20 VIVID PAINTINGS BY PEMA NAMDOL THAYE DRAW ON BOTH TIBETAN TRADITION AND THE ART OF GRAPHIC NOVELS TO PORTRAY A HARROWING DESCENT INTO THE REALMS OF HELL AS EXPERIENCED BY BUDDHIST TEACHER SAM BERCHOLZ. THERE WE WITNESS THE SUFFERING OF HELL-BEINGS SET IN FANTASTICAL LANDSCAPES, BOTH FIERY AND CRYSTALLINE, PROMPTING US TO CONTEMPLATE THE KARMIC CONSEQUENCES OF NEGATIVE ACTIONS. A GUIDED TOUR OF ONE MAN'S HARROWING DESCENT INTO THE TIBETAN BUDDHIST REALMS OF HELL ENCOURAGES US TO CONTEMPLATE THE MEANING OF LIFE AND THE CONSEQUENCES OF NEGATIVE ACTION. THE ARTWORKS ENCOURAGE US TO CONTEMPLATE SUFFERING IN ORDER TO INSPIRE US TOWARD GREATER GOOD IN LIFE. TO THIS END, THE FINAL PAINTING IN THE SERIES, SAMSARA, REMINDS US THAT HELL IS ONLY ONE OF SIX POSSIBLE DESTINATIONS ON THE KARMIC WHEEL OF LIFE.TESTIMONY APRIL 6 - JUNE 10, 2018RESOURCE ROOMWHAT DOES IT MEAN TO BELONG? AS PART OF HER TESTIMONY PROJECT, ARTIST ELIZA GREGORY INTRODUCES US TO MORE THAN A DOZEN IMMIGRANTS TO SAN FRANCISCO. THEY RELATE THEIR EXPERIENCES THROUGH PHOTOGRAPHIC PORTRAITS, INTERVIEWS TOUCHING ON FAMILY HISTORY AND ADAPTING TO A NEW CULTURE, AND SELECTED MATERIALS SUCH AS SCRAPBOOKS AND FAMILY PHOTOGRAPHS. COMPLEX, MULTIFACETED AND SOMETIMES UNEXPECTED, THESE ACCOUNTS HINT AT THOUSANDS OF OTHER UNTOLD TALES. YOUNG-HAE CHANG HEAVY INDUSTRIES PRESENTS: SO YOU MADE IT. WHAT DO YOU KNOW. CONGRATULATIONS AND WELCOME!JUL 7 - OCT 1, 2017SEOUL-BASED YOUNG-HAE CHANG HEAVY INDUSTRIES (YHCHI) A COLLABORATION BETWEEN YOUNG-HAE CHANG AND MARC VOGE MAKES WEB-BASED WORK THAT EXISTS SOMEWHERE BETWEEN ART, LITERATURE AND CINEMA. USING THE MINIMALIST AESTHETIC OF THE EARLY INTERNET, YHCHI'S TEXT-BASED FLASH ANIMATIONS HOLD NOTHING BACK. THROUGH BITING WIT, LINGUISTIC PRECISION AND HUMOR, THE SEVEN ARTWORKS FEATURED IN THIS EXHIBITION OFFER A TIMELY PERSPECTIVE ON THEMES OF POWER, FREEDOM, EQUALITY, RACISM AND XENOPHOBIA. BLACK TEXT FLASHES ON A WHITE SCREEN. THE WORDS GET BIGGER, THEN SMALLER. THE TEMPO ACCELERATES, THEN SLOWS, AS IF PROPELLED BY THE JAZZY SOUNDTRACK. YOUR HEART BEGINS TO RACE AS YOU REALIZE YOU ARE THE PROTAGONIST IN THE STORY BEING TOLD. YOU ARE ROOTED TO THE SPOT, WAITING IN SUSPENSE TO READ THE REST OF THE STORY. IS THIS A WARNING? DISTRESS SIGNAL? MESSAGE FROM THE PAST, OR THE FUTURE? 22563898 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 1 0 1 0 0 1 0 0 0 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 1 101 0 1 202 1 1 1 0 0 0 0 1 1 0 0 0 0 X 41 41 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X X JOANNE T CHOU 4155813500 200 LARKIN STREET SAN FRANCISCO CA 941024734 AKIKO YAMAZAKI CHAIR 1.00 X X 0 0 0 TIMOTHY F KAHN PRESIDENT 1.00 X X 0 0 0 ROBERT L DUFFY VICE PRESIDENT 1.00 X X 0 0 0 FRED M LEVIN VICE PRESIDENT 1.00 X X 0 0 0 LUCY SUN VICE PRESIDENT 1.00 X X 0 0 0 KEN WILCOX TREASURER 1.00 X X 0 0 0 GORRETTI LO LUI SECRETARY 1.00 X X 0 0 0 ANN TANENBAUM TRUSTEE 1.00 X 0 0 0 ANNE ADAMS KAHN EX OFFICIO 1.00 X 0 0 0 ANTHONY SUN TRUSTEE 1.00 X 0 0 0 BETTY N ALBERTS TRUSTEE 1.00 X 0 0 0 BOB TSAO TRUSTEE 1.00 X 0 0 0 CHONG-MOON LEE TRUSTEE 1.00 X 0 0 0 CHOONGJA MARIA KAHNG TRUSTEE 1.00 X 0 0 0 CONSTANCE C MILLER TRUSTEE 1.00 X 0 0 0 CORI BATES TRUSTEE 1.00 X 0 0 0 DIXON R DOLL TRUSTEE 1.00 X 0 0 0 ELIZA CASH TRUSTEE 1.00 X 0 0 0 ELLEN BURSTEIN BAUCH TRUSTEE 1.00 X 0 0 0 EMILY WANG TRUSTEE (START 6/18) 1.00 X 0 0 0 FRED EYCHANER TRUSTEE 1.00 X 0 0 0 INA GOODWIN TATEUCHI TRUSTEE 1.00 X 0 0 0 JAMIE CHEN TRUSTEE 1.00 X 0 0 0 JOHN MAA TRUSTEE 1.00 X 0 0 0 JUDITH F WILBUR TRUSTEE 1.00 X 0 0 0 KAPIL CHHIBBER TRUSTEE 1.00 X 0 0 0 KEVIN J MARTIN TRUSTEE 1.00 X 0 0 0 KUMAR MALAVALLI TRUSTEE 1.00 X 0 0 0 LESLIE TANG SCHILLING TRUSTEE 1.00 X 0 0 0 MARTHA SAM HERTELENDY TRUSTEE 1.00 X 0 0 0 MARY POWELL GROSSMAN EX OFFICIO TRUSTEE 1.00 X 0 0 0 MERRILL RANDOL SHERWIN TRUSTEE 1.00 X 0 0 0 MICHELE ALIOTO TRUSTEE (START 1/18) 1.00 X 0 0 0 MIMI GARDNER GATES TRUSTEE 1.00 X 0 0 0 NANCI NISHIMURA TRUSTEE 1.00 X 0 0 0 NICHOLAS UNKOVIC TRUSTEE 1.00 X 0 0 0 PEHONG CHEN TRUSTEE 1.00 X 0 0 0 RICHARD C BLUM TRUSTEE 1.00 X 0 0 0 SANDRA CHEUNG TRUSTEE 1.00 X 0 0 0 SUNG-JIN INGRISELLI TRUSTEE (THRU 4/18) 1.00 X 0 0 0 SUNO KAY OSTERWEIS TRUSTEE 1.00 X 0 0 0 VIJAY SHRIRAM TRUSTEE (START 3/18) 1.00 X 0 0 0 YOGEN DALAL TRUSTEE (START 6/18) 1.00 X 0 0 0 JAY XU DIRECTOR OF MUSEUM 40.00 X 419403 0 59031 JOANNE CHOU CHIEF FINANCIAL OFFICER 40.00 X 229697 0 28454 NANCY SACKSON CHIEF PHILANTHROPY OFFICE 40.00 X 218922 0 11727 MARA L FINERTY CHIEF HR OFFICER (THRU 11/17) 40.00 X 182477 0 19241 ROB MINTZ DEPUTY DIRECTOR OF ART & PROGRAM 40.00 X 171604 0 41825 FORREST MCGILL SENIOR CURATOR 40.00 X 144060 0 32996 KEVIN CONLEY DIRECTOR OF IT 40.00 X 138541 0 19136 KIMBERLEY BUSH DIRECTOR OF MUSEUM SERVICES 40.00 X 132331 0 28537 MARTIN GEIJER DIRECTOR OF FINANCE 40.00 X 131500 0 14468 BANAFSHEH PERRONE DEP. CHIEF PHILANTHROPY 40.00 X 130933 0 8237 1899468 0 263652 26 0 1 0 WHY ARCHITECTURE 9520 JEFFERSON BLVD SUITE C CULVER CITY CA 90232 ARCHITECTURAL SERVICES 1222890 EVENTS MANAGEMENT INC 2525 16TH ST SUITE 311 SAN FRANCISCO CA 94103 EVENT CATERING 402273 SWINERTON BUILDERS 260 TOWNSEND ST SAN FRANCISCO CA 94107 CONSTRUCTION COST 348477 LENAT & PARTNERS INC 1633 BAYSHORE HIGHWAY SUITE 220 BURLINGAME CA 94010 ADVERTISING SERVICES 340369 DIETL INTERNATIONAL SERVICES INC 1002 LITITZ PIKE SUITE 238 LITITZ PA 17543 SHIPPING OF ART INSTALLATIONS 230732 13 1513742 1507016 10278906 27844848 1142918 41144512 ADMISSION REVENUE 713990 1146304 1146304 PUBLICATION REVENUE 713990 27280 27280 TOUR REVENUE 713990 21154 21154 OTHER REVENUE 722210 8529 8529 1203267 1907265 17405 1889860 5282 5282 519324 0 519324 519324 519324 7595285 2596327 4998958 4998958 4998958 68310 1507016 557556 -489246 -489246 1067902 545999 521903 521903 COMMISSION FROM CAFE 722210 63802 63802 MISCELLANEOUS INCOME 722210 27710 27710 91512 49902777 1816682 17405 6924178 1351992 680074 314574 357344 12641947 8332602 2666231 1643114 1071952 735323 179280 157349 2104802 1457286 354739 292777 1029314 660836 177561 190917 98680 37973 53615 7092 93690 23891 67925 1874 312061 244682 65557 1822 169887 169887 624427 488316 8642 127469 360550 49201 206841 104508 482148 284221 189526 8401 2155136 865393 1059390 230353 277303 190937 39379 46987 139176 19476 14016 105684 4076125 4076125 3537353 2428132 589437 519784 452743 383566 67175 2002 ACQUISITION 634126 634126 0 0 SUPPLIES 563637 462778 45316 55543 PRINTING/PUBLICATION 468084 246982 5713 215389 SHIPPING/FREIGHT 246866 173393 15683 57790 183570 88585 94459 526 33075569 22563898 6384946 4126725 14343 12617 14256001 14767684 18577270 20139884 667733 1205480 424528 400113 111735 140371 151718143 61874132 88970325 89844011 74919179 84182204 37509980 39823570 235451094 250515934 2484386 2335067 982382 1046200 87833986 85767814 91300754 89149081 X 62480340 57755853 49557000 66175000 32113000 37436000 144150340 161366853 235451094 250515934 16827208 389305 0 X X 0 1 X 1 0 X 31874272 36161642 33868901 24250480 39630770 165786065 31874272 36161642 33868901 24250480 39630770 165786065 29371925 136414140 3008678 3743631 2095437 2326712 2414466 13588924 21067 20073 25937 17049 17405 101531 1219811 868505 676314 532873 68310 3365813 182842333 13909153 0.74610 0.70080 X X X X X 0 53522984 5323000 3269000 1129000 60985984 54673938 636000 4395376 5065000 1117330 53522984 52638145 3178929 527112 1670248 54673938 46163555 4684000 1860000 69410 52638145 33307456 10203220 2737450 84571 46163555 0.10920 0.61390 0.27690 0 0 138150197 48937500 89212697 12877379 12443927 433452 690567 492705 197862 89844011 INVESTMENTS - LIMITED PARTNERSHIP 7399698 F INVESTMENTS - HELD IN TRUST 1047570 F INVESTMENTS - HEDGE FUND INVESTMENTS 17452120 F INVESTMENTS - OTHER INVESTMENTS 13924182 F 39823570 X 50924252 389305 269069 658374 50265878 194455 -557556 -363101 49902777 33707739 269069 269069 33438670 194455 -557556 -363101 33075569 PART III, LINE 1A: COLLECTIONS - THE MUSEUM'S PERMANENT COLLECTIONS REPRESENT MORE THAN 40 ASIAN COUNTRIES AND SPAN 6,000 YEARS OF ASIAN HISTORY. OBJECTS ARE HELD FOR EDUCATIONAL, RESEARCH, AND CURATORIAL PURPOSES. UNDER THE MUSEUM'S COLLECTIONS MANAGEMENT POLICY, ALL OBJECTS ARE CATALOGUED, PRESERVED, AND CARED FOR, ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED REGULARLY. TITLE TO THE PERMANENT COLLECTION OF WORKS OF ART RESTS WITH THE CITY. IF ACCEPTED INTO THE PERMANENT COLLECTION, DONATED ART OBJECTS BECOME THE PROPERTY OF THE CITY AND ARE NOT RECORDED IN THE MUSEUM'S COMBINED FINANCIAL STATEMENTS. PURCHASES OF ART ARE RECORDED AS AN EXPENSE IN THE MUSEUM'S COMBINED STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS. THE MUSEUM DEACCESSIONS OBJECTS DEEMED NO LONGER RELEVANT TO THE PERMANENT COLLECTION IN ACCORDANCE WITH THE MUSEUM'S COLLECTIONS MANAGEMENT POLICY. PROCEEDS FROM DEACCESSIONS ARE USED TO ACQUIRE OTHER OBJECTS FOR THE COLLECTION. THERE WERE NO DEACCESSIONS IN FISCAL YEARS 2018 AND 2017. PART V, LINE 4: THE MUSEUM'S ENDOWMENT FUND CONSISTS OF INDIVIDUAL DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE MUSEUM'S TRUSTEES TO FUNCTION AS ENDOWMENTS THE NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING THOSE FUNDS DESIGNATED BY THE TRUSTEES TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. AMOUNTS WITHDRAWN FROM THE ENDOWMENT UNDER THE ENDOWMENT SPENDING POLICY ARE FOR THE MUSEUM'S PROGRAMS AND OPERATING EXPENSES, ALLOCATED IN ACCORDANCE WITH THE RESTRICTIONS PERTAINING TO THOSE FUNDS. THE TIMING AND AMOUNTS OF WITHDRAWALS ARE DETERMINED BY THE MUSEUM'S MANAGEMENT IN CONSULTATION WITH THE BUDGET AND FINANCE COMMITTEE AND THE EXECUTIVE COMMITTEE. INVESTMENT-RELATED EXPENSES ARE CHARGED SEPARATELY AGAINST THE ENDOWMENT. PART X, LINE 2: THE FOUNDATION HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED TAX-EXEMPT ORGANIZATION THAT IS EXEMPT FROM FEDERAL TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FROM CALIFORNIA FRANCHISE AND/OR INCOME TAXES UNDER REVENUE AND TAXATION CODE SECTION 23701(D). THE FOUNDATION MANAGEMENT BELIEVES THAT NO LIABILITIES ARE REQUIRED TO ACCRUE FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2018. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES -557,556. PART XII, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES -557,556. EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 INVESTMENTS 1934168 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS 2855505 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 INVESTMENTS 8012701 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 INVESTMENTS 140233 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 INVESTMENTS 64172 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 INVESTMENTS 111485 0 0 0 0 0 0 13118264 0 13118264 0 0 1 1 1 0 ANNUAL GALA 1575326 1507016 68310 217410 340146 1575326 1507016 68310 217410 340146 557556 -489246 X X X X X 0 0 0 0 0 0 0 0 0 JAY XU DIRECTOR OF MUSEUM 419403 0 0 0 0 0 37939 0 21092 0 478434 0 0 0 JOANNE CHOU CHIEF FINANCIAL OFFICER 218882 0 10815 0 0 0 17044 0 11410 0 258151 0 0 0 NANCY SACKSON CHIEF PHILANTHROPY OFFICE 218922 0 0 0 0 0 872 0 10855 0 230649 0 0 0 MARA L FINERTY CHIEF HR OFFICER (THRU 11/17) 182477 0 0 0 0 0 12055 0 7186 0 201718 0 0 0 ROB MINTZ DEPUTY DIRECTOR OF ART & PROGRAM 171604 0 0 0 0 0 31098 0 10727 0 213429 0 0 0 FORREST MCGILL SENIOR CURATOR 144060 0 0 0 0 0 24758 0 8238 0 177056 0 0 0 KEVIN CONLEY DIRECTOR OF IT 138541 0 0 0 0 0 7726 0 11410 0 157677 0 0 0 KIMBERLEY BUSH DIRECTOR OF MUSEUM SERVICES 132331 0 0 0 0 0 6951 0 21586 0 160868 0 0 0 A CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY 352273601 2011-02-11 96985000 REFUND BONDS ISSUED 2/3/2005 0 0 0 A 10915000 96985000 6420489 1439 96983561 2016 1 0 1 1 A 0 0 1 0 0 0 1 JP MORGAN CHASE 18.800000000000 1 0 1 A 1 SCHEDULE K, PART IV, LINE 2C: (A) ISSUER NAME: CALIFORNIA ENTERPRISE DEVELOPMENT AUTHOR, DATE THE INTERIM ARBITRAGE REBATE COMPUTATION WAS PERFORMED: 3/8/16 SCHEDULE K, PART III, COLUMN A: X 11 446049 FMV X 22 687729 FMV X OTHER ITEMS 3 9140 FMV 0 0 1 0 PART I, COLUMN (B): THIS NUMBER REPRESENTS THE NUMBER OF CONTRIBUTIONS MADE, NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 2 EX OFFICIO ANNE ADAMS KAHN IS THE SPOUSE OF THE PRESIDENT TIMOTHY F. KAHN. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE OFFICE MAKES AVAILABLE AND SENDS A COMPLETE COPY OF THE FORM 990 TO THE AUDIT COMMITTEE OF THE FOUNDATION BOARD FOR REVIEW AND APPROVAL BEFORE FILING. WE ALSO SEND THE PUBLIC DISCLOSURE COPY OF THE FORM 990 TO THE FULL FOUDNATION BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY COVERS BOARD MEMBERS AND STAFF. TRUSTEES ARE ASKED TO INFORM THE BOARD IN ADVANCE AND AS FULLY AS PRACTICABLE OF ANY TRANSACTIONS WITH THE MUSEUM OR THROUGH A BUSINESS RELATIONSHIP WITH AN ASIAN ART COMMISSIONER OR A FOUNDATION TRUSTEE IN WHICH THEY HAVE AN ECONOMIC INTEREST IN ORDER FOR THE TRUSTEES TO REVIEW AND APPROVE OR DISAPPROVE THE TRANSACTION. IF A CONFLICT IS DETERMINED TO EXIST, THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S COMPENSATION IS STIPULATED BY AN EMPLOYMENT CONTRACT WITH THE ORGANIZATION. THE CHAIR OF THE BOARD AND THE COMPENSATION COMMITTEE NEGOTIATE THIS EMPLOYMENT CONTRACT WITH THE DIRECTOR PRIOR TO ITS APPROVAL BY THE FULL BOARD. THE BOARD'S COMPENSATION COMMITTEE RELIES UPON SURVEY DATA FROM OTHER LIKE ARTS ORGANIZATIONS TO DETERMINE THE MARKET VALUE OF THE DIRECTOR'S POSITION. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS AND THE PUBLIC DISCLOSURE COPY OF FORM 990S ARE POSTED TO THE ASIAN ART MUSEUM WEBSITE. ALL OTHER INFORMATION IS PROVIDED TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. CHARITABLE REMAINDER TRUSTS (3) INVESTMENT CA N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0