2018-12-20T12:08:55-06:00 2018-06-30 560747981 DIXON HUGHES GOODMAN LLP 999 S SHADY GROVE RD STE 400 MEMPHIS TN 38120 990 2017-07-01 581484027 LORRAINE CIVIL RIGHTS MUSEUM FOUNDATION LORR 9015219699 450 MULBERRY STREET MEMPHIS TN 381034214 TERRI LEE FREEMAN PRESIDENT 9015219699 2018-12-13 1 AMY M DOOLIN P01297217 9017613000 2018-12-13 4.16.119.113 2018-12-13 09:47:39 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 CDA323F72F3519D0D8B817820CB7690A7B4FA122 2017 2019-02-21 02:37:17Z NATIONAL CIVIL RIGHTS MUSEUM TERRI LEE FREEMAN 450 MULBERRY STREET MEMPHIS TN 381034214 13213504 0 X HTTP://CIVILRIGHTSMUSEUM.ORG X 1983 TN LOCATED AT THE LORRAINE MOTEL, THE ASSASSINATION SITE OF DR. MARTIN LUTHER KING JR., THE NATIONAL CIVIL RIGHTS MUSEUM CHRONICLES THE AMERICAN CIVIL RIGHTS MOVEMENT, EXAMINES TODAY'S GLOBAL CIVIL AND HUMAN RIGHTS ISSUES, PROVOKES THOUGHTFUL DEBATE AND SERVES AS A CATALYST FOR POSITIVE SOCIAL CHANGE. 29 29 48 1268 0 0 1375243 1670811 5460278 6864705 193040 287819 1025416 1443887 8053977 10267222 0 0 0 0 2895650 3132166 0 0 564782 6380472 7520425 9276122 10652591 -1222145 -385369 33372314 33363003 396402 401658 32975912 32961345 X LOCATED AT THE LORRAINE MOTEL, THE ASSASSINATION SITE OF DR. MARTIN LUTHER KING JR., THE NATIONAL CIVIL RIGHTS MUSEUM CHRONICLES THE AMERICAN CIVIL RIGHTS MOVEMENT, EXAMINES TODAY'S GLOBAL CIVIL AND HUMAN RIGHTS ISSUES, PROVOKES THOUGHTFUL DEBATE AND SERVES AS A CATALYST FOR POSITIVE SOCIAL CHANGE. 0 0 8222460 8350205 THE HIGHLIGHT OF FY18 WAS THE YEARLONG 50TH COMMEMORATION OF DR. KING'S ASSASSINATION. THEMED WHERE DO WE GO FROM HERE (BASED ON DR. KING'S LAST BOOK) THE FORWARD LOOKING EVENTS CULMINATED WITH A JOINT SYMPOSIUM 4/2-3/18, DAY OF REMEMBRANCE AND BELL TOLLING ACROSS THE U.S., AND EVENING OF STORYTELLING ALL ON 4/4/18. MUSEUM STAFF CURATED A SPECIAL EXHIBIT MLK50: A LEGACY REMEMBERED, THAT IS ON DISPLAY UNTIL 12.31.2018 AND WILL TRAVEL NATIONALLY AND INTERNATIONALLY IN 2019. A SPECIAL CAMPAIGN RAISED ALMOST $1.9 MILLION FOR EXPENSES. EVENTS WERE LIVE STREAMED AND UPLOADED TO THE MUSEUM MICROSITE: MLK50.CIVILRIGHTSMUSEUM.ORG. PEOPLE AND MEDIA FROM AROUND THE WORLD CAME TO THE MUSEUM THAT WEEK. THE MUSEUM'S ONGOING PROGRAMS CONTINUED: [1] FY 2018 CONTINUED THE UPWARD TREND OF RECORD BREAKING ANNUAL VISITORS 328,508 PLUS 26,854 PARTICIPATING IN PROGRAMS FOR A GRAND TOTAL OF 355,362 UP 52% COMPARED TO PRE-RENOVATION STATISTICS (2014), AND THE MONUMENTAL 50TH ANNIVERSARY MILESTONE (2018). [2] SELF-GUIDED AND GUIDED TOURS BY INDIVIDUALS, FAMILIES, SCHOOL CLASSROOMS AND GROUPS IMPACT THE GREATEST NUMBER OF PEOPLE. [3] THE FOUNDATION OF THE MUSEUM FROM WHICH ALL PROGRAMS FLOW IS THE COMPREHENSIVE HISTORY OF THE AMERICAN CIVIL RIGHTS MOVEMENT CHRONICLED IN PERMANENT INTERACTIVE EXHIBIT FORMAT THAT IS BUILT AROUND THE HISTORIC SITE OF THE LORRAINE MOTEL. THE EXPANDED MISSION STATEMENT CAPTURES THIS WITH THE ADDITION OF EXAMINING TODAY'S GLOBAL CIVIL AND HUMAN RIGHTS ISSUES, PROVOKING THOUGHTFUL DEBATE AND SERVING AS A CATALYST FOR POSITIVE SOCIAL CHANGE DEMONSTRATING THE RELEVANCE OF THE HISTORY. [4] FUTURE SUSTAINABILITY OF THE MUSEUM PROGRAMS AND ITS 4.5 ACRE CAMPUS AND 3 BUILDINGS IS NOW PROTECTED WITH THE CREATION OF AN ENDOWMENT FUND (2015) SEEDED BY A CHALLENGE GRANT FROM THE NATIONAL ENDOWMENT FOR THE HUMANITIES AND FURTHER EXPANDED BY NEW INSTITUTIONAL FOCUS. [5] AN INTERNATIONALLY ACCLAIMED CULTURAL INSTITUTION, THE MUSEUM WAS RECOGNIZED AS USA TODAY'S TOP 10 BEST AMERICAN ICONIC ATTRACTIONS; NO. 11TH BEST MUSEUM IN THE U.S. BY TRIPADVISOR (2018); TOP 10 BEST HISTORICAL SPOTS IN THE U.S. BY TLC'S FAMILY TRAVEL; MUST SEE BY THE AGE OF 15 BY BUDGET TRAVEL AND KIDS; TOP 10, AMERICAN TREASURES BY USA TODAY AND BEST MEMPHIS ATTRACTION BY THE COMMERCIAL APPEAL. [5] DISTINGUISHED PARTNERSHIPS AND ACCREDITATIONS: AFFILIATE OF THE SMITHSONIAN INSTITUTION, AMERICAN ALLIANCE OF MUSEUMS ACCREDITATION PLACES THE NATIONAL CIVIL RIGHTS MUSEUM AMONG THE TOP 5% OF MUSEUMS IN THE U.S., INTERNATIONAL COALITION OF SITES OF CONSCIENCE. [6] THE 3ND ANNUAL NIGHT AT THE LORRAINE FUNDRAISING EVENT HELD ALL ON THE MUSEUM CAMPUS, 6/9/18 WITH OVER 1,000 INDIVIDUAL PATRONS MANY OF WHOM ARE MILLENNIALS AND ARE NEW TO THE MUSEUM - 40%. EVERY YEAR THE EVENT HAS INCREASED REVENUE TO THE BOTTOM LINE IN FY18 OVER $140,000. [7] THE 3RD ANNUAL RUBY BRIDGES READING FESTIVAL FEATURED HOST, RUBY BRIDGES TARGETING PREK THROUGH ELEMENTARY SCHOOL STUDENTS AND THEIR FAMILIES - 1,500 ATTENDED THIS FREE EVENT AND BOOK GIVEAWAY. [8] THE FREEDOM AWARD, 10/19/2017 HONORED DR. BERNICE A. KING (DR. MLK, JR.'S DAUGHTER), HUGH MASEKELA, AND MORRIS DEES; AND KING DAY ON THE NATIONAL HOLIDAY ATTRACTING OVER 6,000 PEOPLE WITH FREE OUTDOOR ACTIVITIES AND MUSEUM TOURS WITH REDUCED ADMISSION ($5/$3 WITH DONATION FOR THE FOOD BANK, AND FREE WITH DONATION OF BLOOD; [9] ONGOING BOOK/AUTHOR AND DOCUMENTARY SCREENINGS CONTINUED. 8222460 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 198 0 1 48 1 0 0 0 0 0 0 0 0 0 0 X 29 29 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AL AR CA CO CT FL GA IL KS KY MA MD ME MI MN MO MS NC ND NH NJ NM NV NY OH OK OR PA RI SC TN UT VA WA WI WV X TEE JONES 9015219699 450 MULBERRY STREET MEMPHIS TN 381034214 ESMOND L ARRINDELL BOARD MEMBER 0.25 X 0 0 0 NELDA BURROUGHS BOARD MEMBER 1.00 X 0 0 0 DARRELL COBBINS BOARD MEMBER 0.25 X 0 0 0 GREGORY DUCKETT EXECUTIVE COMMITTEE 2.00 X 0 0 0 DON CLANTON BOARD MEMBER 0.50 X 0 0 0 NNAEMEKA EGWUEKWE BOARD MEMBER 0.25 X 0 0 0 ROSE J FLENORL SECRETARY 2.00 X 0 0 0 PRESTON FRAZER BOARD MEMBER 2.00 X 0 0 0 KATHY GIBSON BOARD MEMBER 0.25 X 0 0 0 RABBI MICAH GREENSTEIN BOARD MEMBER 1.50 X 0 0 0 HERBERT H HILLIARD CHAIRMAN, BOARD OF DIRECTO 2.00 X 0 0 0 JOSEPH R HYDE III CHAIRMAN, EXECUTIVE COMMIT 2.00 X 0 0 0 SHAILA KARKERA BOARD MEMBER 0.50 X 0 0 0 LISA KRUPICKA EXECUTIVE COMMITTEE 1.00 X 0 0 0 CONNIE L LENSING BOARD MEMBER 1.00 X 0 0 0 JOHNNY MOORE EXECUTIVE COMMITTEE 2.00 X 0 0 0 WILLIAM E ORGEL ASSISTANT TREASURER 2.00 X 0 0 0 ELLIOT PERRY BOARD MEMBER 0.50 X 0 0 0 WILLIAM C RHODES TREASURER 2.00 X 0 0 0 CATHY D ROSS BOARD MEMBER 1.00 X 0 0 0 BATHSHEBA T SAMS BOARD MEMBER 1.50 X 0 0 0 DORSEY HOPSON BOARD MEMBER 0.25 X 0 0 0 SENATOR REGINALD TATE BOARD MEMBER 0.25 X 0 0 0 MARC C LITTLEJOHN BOARD MEMBER 0.50 X 0 0 0 MAURICE WEXLER BOARD MEMBER 2.00 X 0 0 0 RUSS WIGGINTON BOARD MEMBER 0.50 X 0 0 0 SPENCE L WILSON JR BOARD MEMBER 0.25 X 0 0 0 MICHAEL UGWUEKE BOARD MEMBER 0.25 X 0 0 0 PAMELA ALEXANDER BOARD MEMBER 1.00 X 0 0 0 TERRI LEE FREEMAN PRESIDENT 45.00 X 279424 0 23365 TSITSI JONES CHIEF FINANCIAL OFFICER 45.00 X 126447 0 3858 BEVERLY SAKAUYE CHIEF DEVELOPMENT OFFICER 45.00 X 116055 0 3543 FAITH MORRIS CHIEF MARKETING AND EXTERNAL AFFAIRS OFFICER 45.00 X 107397 0 8927 629323 0 39693 4 0 1 0 NOLAN'S 6225 SHELBY OAKS DRIVE MEMPHIS TN 381347400 AUDIO/VISUAL SERVICES 397402 TOP NOTCH SECURITY INC 3121 DIRECTORS ROW STE 101 MEMPHIS TN 38131 SECURITY SERVICES 292490 1220 EXHIBITS INC 3801 VULCAN DRIVE NASHVILLE TN 37211 EXHIBIT FABRICATORS 233039 PRO TECH SYSTEMS GROUP 3350 PLAYERS CLUB PARKWAY STE 120 MEMPHIS TN 38125 IT SERVICES 215690 LEO EVENTS LLC PO BOX 770718 MEMPHIS TN 38177 EVENT MANAGEMENT 166706 10 2606 81348 135225 457937 993695 42826 1670811 ADMISSION FEES 900099 3998762 3998762 SPECIAL EVENTS 900099 1127529 1127529 FREEDOM AWARDS 900099 952031 952031 EDUCATIONAL PROGRAMMING 900099 786383 786383 6864705 202202 202202 256108 6595 249513 249513 249513 1996941 1911324 85617 85617 85617 75896 135225 117509 -41613 -41613 2146841 910854 1235987 1235987 10267222 8350205 0 246206 439782 439782 2263721 1480677 538666 244378 261054 179065 64650 17339 167609 93838 58974 14797 19830 7319 12511 32269 19515 6377 6377 50037 50037 322815 209074 113741 311896 239090 43172 29634 354942 184602 91108 79232 219443 126184 72164 21095 1127918 1067630 59263 1025 345149 280038 34516 30595 35498 31024 3102 1372 173 173 2976751 2619540 267908 89303 EXHIBIT/EDUCATIONAL EXP 973540 973540 FREEDOM AWARDS/SPECIAL 579647 579647 EQUIPMENT RENTAL & MAIN 128168 109618 4606 13944 STAFF DEV. & EMPLOYEE R 42349 29378 9791 3180 10652591 8222460 1865349 564782 1018716 1940878 1090606 1066823 67533 66299 201648 215902 59594 67494 37014760 17524551 21837578 19490209 9096639 10515398 33372314 33363003 393226 331658 3176 70000 396402 401658 X 28594176 28574063 1269403 1263104 3112333 3124178 32975912 32961345 33372314 33363003 -385369 370800 0 X X 0 1 X 1 1 1 X 3182022 5867083 3841442 1375243 1670811 15936601 65432 60398 54967 49117 42826 272740 3247454 5927481 3896409 1424360 1713637 16209341 4873043 11336298 119445 50285 76515 153680 202202 602127 3224808 -46424 -31934 -69608 -41613 3035229 19846697 28292901 0.57120 0.53930 X SCHEDULE A, PAGE 2, PART II, LINE 10 OTHER INCOME IS FUNDRAISING EVENT INCOME AND RELATED/EXEMPT FUNCTION INCOME FOR YEARS 2012-2013. THE DIFFERENCE IN 2014 THRU 2017 COMPARED TO PREVIOUS YEARS IS DUE TO A CHANGE IN PROGRAM SERVICE REPORTING METHODOLOGY. X X 0 7493974 781845 655827 45909 8885737 5002270 1810063 714296 32655 7493974 2233938 2687156 90904 9728 5002270 1772404 406862 65411 10739 2233938 859575 801567 116019 4757 1772404 0.64840 0.35160 0 0 514503 514503 12247991 5883265 6364726 22107000 10207298 11899702 2145266 1433988 711278 19490209 X 11672980 370800 1034958 1405758 10267222 0 10267222 11687547 1034957 1034957 10652590 0 10652590 PART III, LINE 1A: THE MUSEUM HAS COLLECTIONS COMPRISED OF OBJECTS, DOCUMENTS, TEXTILES, PHOTOGRAPHS, AND ARTWORK WHICH ILLUSTRATE AND HIGHLIGHT THE KEY EPISODES OF THE MOVEMENT AND ITS LEGACY TO INSPIRE PARTICIPATION IN CIVIL AND HUMAN RIGHTS EFFORTS ON A GLOBAL LEVEL. AT ITS FOUNDING IN 1991, THE MUSEUM WAS NOT A COLLECTING INSTITUTION BUT SINCE THEN, THROUGH A STEADY PROCESS OF ACQUIRING GIFTS, BEQUESTS, AND PURCHASES, THE MUSEUM'S COLLECTION NOW HAS APPROXIMATELY 2,000 ITEMS. WHILE THE PRIMARY SCOPE OF THE COLLECTION IS FOCUSED ON THE CIVIL RIGHTS STRUGGLE DURING THE 1950S AND 1960S, THE ARTIFACTS, ORAL HISTORIES, FILMS, AND INTERACTIVE MEDIA, GUIDE VISITORS THROUGH FIVE CENTURIES OF AMERICAN HISTORY SPANNING FROM SLAVERY THROUGH THE PASSING OF THE 1964 CIVIL RIGHTS ACT. THE PERMANENT COLLECTION ALSO COMPRISES OF THE COURT DOCUMENTS IN THE CRIMINAL CASE AGAINST JAMES EARL RAY, THE ALLEGED ASSASSIN OF DR. KING. IN ADDITION THE MUSEUM HAS AN EDUCATION COLLECTION AND AN INSTITUTIONAL HISTORY COLLECTION. THE EDUCATION COLLECTION CONTAINS ARTIFACTS USED AS TEACHING TOOLS FOR HANDS-ON LEARNING IN PROGRAMS AND WORKSHOPS. EACH OF THE ITEMS IS CATALOGED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE COLLECTIONS ARE SUBJECT TO A POLICY THAT REQUIRES PROCEEDS FROM THEIR SALES TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTION. COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. 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. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENTS OF ACTIVITIES. PROCEEDS FROM INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. DURING THE YEAR ENDED JUNE 30, 2017, A COLLECTION OF PHOTOGRAPHS DEPICTING THE MOVEMENT WITH A FAIR VALUE OF $1,900,000 WAS DONATED TO THE FOUNDATION. THE CONTRIBUTION OF THE PHOTOGRAPHS IS NOT REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS SINCE THE FOUNDATION DOES NOT CAPITALIZE COLLECTIONS. PART V, LINE 4: THE ENDOWMENT FUND IS SET UP TO MANAGE ENDOWMENT GIFTS AND TO DISTRIBUTE THE INCOME TO THE MUSEUM FOR GENERAL OPERATIONS AND PROGRAMS TO PROMOTE THE MISSION OF THE MUSEUM. THE BOARD OF DIRECTORS AND STAFF ADOPTED A SPENDING POLICY EFFECTIVE 7/1/2016 WITH RESPECT TO THE APPROPRIATION OF THE RETURNS FROM THESE ASSETS FOR EXPENDITURE. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND IS NOT A PRIVATE FOUNDATION AS DEFINED IN SECTION 509(A) OF THE CODE. ACCORDINGLY, THE INDIVIDUAL DONORS ARE ENTITLED TO THE MAXIMUM CHARITABLE DEDUCTION UNDER SECTION 170(C) OF THE CODE. AS A TAX-EXEMPT ORGANIZATION, THE FOUNDATION IS REQUIRED TO OPERATE UNDER THE PROVISIONS OF THE CODE IN ORDER TO MAINTAIN SUCH TAX-EXEMPT STATUS. THE FOUNDATION IS ALSO EXEMPT FROM STATE INCOME TAX. THE FOUNDATION FOLLOWS THE GUIDANCE CONTAINED IN ASC TOPIC 740-10-25, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. ASC TOPIC 740-10-25 PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN. BASED UPON ITS EVALUATION, THE FOUNDATION CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN ITS FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 6,595. COST OF GOODS SOLD 910,854. FUNDRAISING EVENT EXPENSE 117,509. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 6,595. COST OF GOODS SOLD 910,854. FUNDRAISING EVENT EXPENSES 117,509. ROUNDING -1. NIGHT AT THE LORRAINE 211121 135225 75896 117509 211121 135225 75896 117509 117509 -41613 1 X 0 0 0 0 0 0 0 0 0 TERRI LEE FREEMAN PRESIDENT 279424 0 0 0 0 0 7253 0 16112 0 302789 0 0 0 ROSE FLENORL BOARD MEMBER 0 MS. FLENORL SERVES ON THE BOARD OF DIRECTORS AND IS ALSO AN EMPLOYEE WITH FEDEX. THE NATIONAL CIVIL RIGHTS MUSEUM USED FEDEX FOR SOME OF ITS SHIPPING. 0 LISA KRUPICKA BOARD MEMBER 0 MS. KRUPICKA SERVES ON THE BOARD OF DIRECTORS AND IS ALSO EMPLOYED BY BURCH PORTER AND JOHNSON, WHICH DOES LEGAL WORK FOR THE NATIONAL CIVIL RIGHTS MUSEUM. 0 CONNIE LEWIS LENSING BOARD MEMBER 0 MS LENSING SERVES ON THE BOARD OF DIRECTORS AND IS ALSO AN EMPLOYEE WITH FEDEX. THE NATIONAL CIVIL RIGHTS MUSEUM USED FEDEX FOR SOME OF ITS SHIPPING. 0 JOHNNY MOORE BOARD MEMBER 0 MR MOORE SERVES ON THE BOARD OF DIRECTORS AND IS ALSO EMPLOYED BY SUNTRUST BANK WHICH DOES BUSINESS WITH THE NATIONAL CIVIL RIGHTS MUSEUM. 0 X 1 42826 OPINION OF EXPERTS 0 1 0 FORM 990, PAGE 1, PART I, LINE 19 THE NET LOSS IS DUE TO $2,976,751 OF DEPRECIATION EXPENSE FROM THE RENOVATION OF THE LORRAINE. THE RENOVATION IS BEING DEPRECIATED OVER 11 YEARS, WHICH IS THE REMAINING TERM OF THE LEASE WITH THE STATE OF TENNESSEE FORM 990, PART VI, SECTION A, LINE 2 JOSEPH HYDE AND BILL RHODES HAVE A BUSINESS RELATIONSHIP. BILL RHODES AND PRESTON FRAZER HAVE A BUSINESS RELATIONSHIP. CONNIE LEWIS LENSING AND ROSE FLENORI HAVE A BUSINESS RELATIONSHIP. BILL RHODES AND JOHNNY MOORE HAVE A BUSINESS RELATIONSHIP. BILLY ORGEL AND JOHNNY MOORE HAVE A BUSINESS RELATIONSHIP. BILLY ORGEL AND RABBI MICAH GREENSTEIN HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE IT IS FILED. THE ORGANIZATION'S FINANCE DIRECTOR AND TREASURER ARE ALSO PROVIDED A COPY OF THE RETURN FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C IF A CONFLICT OF INTEREST ARISES, THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS WOULD BE MADE AWARE OF THE SITUATION AND THEY WOULD VOTE ON A RESOLUTION. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S PRESIDENT IS PERIODICALLY PERFORMED BY THE TREASURER BY CONDUCTING A MARKET STUDY OF COMPARABLE SALARIES AND UTILIZATION OF INDUSTRY SURVEYS. THE TREASURER PRESENTS THE FINDINGS TO THE EXECUTIVE COMMITTEE FOR DELIBERATION AND VOTE. IN ADDITION, ANNUALLY, THE TREASURER OR BOARD CHAIRMAN EVALUATES THE PERFORMATNCE OF THE PRESIDENT WITH INPUT FROM THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE VOTES ON THE AMOUNT OF MERIT INCREASE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 2C, THE ORGANIZATION HAS NOT CHANGED ITS PROCESS FOR OVERSIGHT OF THE AUDIT.