2018-07-16T09:00:58-05:00 2017-08-31 390758449 Wipfli LLP 10000 Innovation Drive Suite 250 Milwaukee WI 532264837 990 2016-09-01 390806316 Milwaukee Art Museum Inc MILW 4142243200 700 N Art Museum Drive Milwaukee WI 53202 Marcelle Polednik Baumgartner Director 4142243200 2018-07-12 1 Stephanie Hamilton CPA P01233633 4144319300 2018-07-12 2016 2022-09-23 18:48:47Z Marcelle Polednik 700 N Art Museum Drive Milwaukee WI 53202 81335392 0 X www.mam.org X 1910 WI The Milwaukee Art Museum collects and preserves art, presenting it to the community as a vital source of inspiration and education. 48 48 446 240 834712 -334924 15996321 10324798 2257369 2116851 1160727 1502247 1541410 2193418 20955827 16137314 0 0 0 0 7622891 7854649 134646 135296 979453 12977586 11246326 20735123 19236271 220704 -3098957 153173213 150759513 6326303 4541247 146846910 146218266 X To inspire and educate people in the Greater Milwaukee area, across the State of Wisconsin and beyond by collecting, preserving and presenting art; To expand and diversify the local artistic and cultural identity of the Greater Milwaukee area, and educate both residents and visitors about art and art history; To encourage community development by supporting emerging arts and artists, and to offer family-friendly educational programs designed to enhance the artistic spirit of the local community; To preserve, protect and maintain the Calatrava addition, the first building in the United States to be designed by Santiago Calatrava, and to work in cooperation with public entities in the use of the county-owned Saarinen and Kahler buildings, city property and lakefront lands. 0 0 3078405 0 62028 Presentation and Curatorial: Special exhibits during 16-17 included Haunted Screens: German Expressionist Film; Milwaukee Collects; Rashid Johnson: Hail We Now Sing Joy; Lawrence Weiner: Inherent Innate Tension; Nature and Opulence: The Art of Martin Johnson Heade; How Posters Work; Frank Lloyd Wright: Buildings for the Prairie; and the Annual Scholastic Exhibition. 2858506 0 1624214 Audience, communication, and member development: Admissions and tours for fiscal 2017 totaled 294,560. Approximately 240 volunteers assisted in many activities. 1112443 0 72411 Education: We served a total of 491,022 people in Education programs in fiscal year 2016/2017. We make the Museum a gathering place for all ages to experience the arts. Adult Education programs enhance gallery interpretation strategies, expand educational programs in the galleries to animate the art and encourage deeper connections between visitors and the art. Programs include MAM After Dark, Gallery Talks, Lectures, Symposia. School education programs align our programs with federal, state, and local education agendas to serve school children through school tour programs from 522 schools. Programs include the Jr. Docent Program, our high school program and collaborations with groups such as the Symphony. Youth programs engage young children early and often by providing better on-site provisions, programs, and infrastructure for families. 7821891 0 1480168 Business Operations and Acquisition of Art: Expenses incurred in operation of the Museum's Cafe and Gift Shop as well as expenditures associated with acquiring new pieces for the permanent collection. 7821891 0 1480168 14871245 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 262 0 446 1 1 1 0 0 0 0 1 1 0 0 0 0 X 48 48 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X X Alissa Karl 4142243200 700 N Art Museum Drive Milwaukee WI 53202 Deborah Attanasio Trustee 1.00 X 0 0 0 Mary Basson Trustee 1.00 X 0 0 0 Donald W Baumgartner Trustee 1.00 X 0 0 0 Wendy W Blumenthal trustee 1.00 X 0 0 0 Randy Bryant Trustee 1.00 X 0 0 0 Richard Buchband Trustee 1.00 X 0 0 0 Angela Johnson Colbert Trustee 1.00 X 0 0 0 Eric Ebben Trustee 1.00 X 0 0 0 Stephen Einhorn Trustee 1.00 X 0 0 0 Philip B Flynn Trustee 1.00 X 0 0 0 Alexander P Fraser Trustee 1.00 X 0 0 0 Ellen Glaisner Trustee 1.00 X 0 0 0 Michelle Grabner Trustee 1.00 X 0 0 0 Carmen Haberman Trustee 1.00 X 0 0 0 Claire H Hackmann Trustee 1.00 X 0 0 0 Ronald Joelson Trustee 1.00 X 0 0 0 Stephen Johnson Trustee 1.00 X 0 0 0 W David Knox II Trustee 1.00 X 0 0 0 Alex C Kramer Trustee 1.00 X 0 0 0 Anthony S Krausen Trustee 1.00 X 0 0 0 Ken Krei Trustee 1.00 1.00 X 0 0 0 Raymond R Krueger Trustee 1.00 X 0 0 0 Joan Lubar Trustee 1.00 X 0 0 0 Marianne Lubar Trustee 1.00 X 0 0 0 Sheldon B Lubar Trustee 1.00 X 0 0 0 Wayne R Lueders Trustee 1.00 X 0 0 0 P Michael Mahoney Trustee 1.00 X 0 0 0 R Bruce McDonald Trustee 1.00 X 0 0 0 Justin L Mortara PhD Trustee 1.00 X 0 0 0 Joanne Murphy Trustee 1.00 X 0 0 0 Andy Nunemaker Trustee 1.00 X 0 0 0 Jill Pelisek Trustee 1.00 X 0 0 0 Anthony J Petullo Trustee 1.00 X 0 0 0 Joel Quadracci Trustee 1.00 X 0 0 0 Sande Robinson Trustee 1.00 X 0 0 0 Suzanne L Selig Trustee 1.00 X 0 0 0 Roger S Smith Trustee 1.00 X 0 0 0 Judson M Snyder Trustee 1.00 X 0 0 0 Mary M Strohmaier Trustee 1.00 X 0 0 0 Christine Symchych Trustee 1.00 X 0 0 0 W Kent Velde Trustee 1.00 1.00 X 0 0 0 Frederick Vogel IV Trustee 1.00 X 0 0 0 Dan Wilhelms Trustee 1.00 X 0 0 0 Kathleen Saito Yuille Trustee 1.00 X 0 0 0 Jeffery W Yabuki Trustee 1.00 X 0 0 0 Donald W Layden Jr President 1.00 1.00 X X 0 0 0 Gail A Lione Secretary 1.00 X X 0 0 0 Todd R Williams Treasurer 1.00 X X 0 0 0 Marcelle Polednik Baumgartner Director 40.00 1.00 X 167867 0 0 Jane Wochos Chief Financial Officer 40.00 X 146953 0 7043 Praveen Krishnamurti Director of Digital Strategy 40.00 X 117656 0 2346 Mary Albrecht Senior Director of Development 40.00 X 140914 0 2802 Brady Roberts Chief Curator (Thru October) 40.00 X 128198 0 2639 701588 0 14830 5 0 1 0 Hunzinger Construction Company 21100 Enterprise Avenue Brookfield WI 53045 Construction 2749199 Jigsaw LLC 710 N Plankinton Avenue Milwaukee WI 53203 Advertising 1069832 Mahler Enterprises Inc 600 N Broadway Suite 200 Milwaukee WI 53202 Staffing Services 276168 Buzz Monkeys Inc 7845 Harwood Avenue Wauwatosa WI 53213 Advertising 212055 GRAEF PO Box 88465 Milwaukee WI 53288 Consulting Services 159381 14 1333021 656952 1124500 7210325 570333 10324798 Admissions & Tour Fees 712110 1982412 1624214 358198 Education Programs 712110 72411 72411 Exhibition & Curatorial Income 712110 62028 62028 2116851 299117 299117 527603 713693 -186090 -186090 -186090 63840967 81225 62719062 0 1121905 81225 1203130 81225 1121905 573579 656952 646146 -72567 -72567 3489431 1119177 2370254 1398943 971311 Commerical Photo Income 900099 36100 36100 Parking Fees 812930 13391 13391 32330 32330 81821 16137314 3238821 834712 1738983 501440 501440 5978011 4879997 550396 547618 68714 46388 12974 9352 746877 526678 163113 57086 559607 440004 80202 39401 1184 1184 31700 31700 135296 135296 226110 226110 249627 126981 122646 927500 909273 18227 1284426 1024618 248462 11346 171738 171738 842785 803818 38942 25 85342 51923 32761 658 54555 40916 13639 3480809 2674667 806142 236036 88602 147434 Cafe and Store Expenses 1381269 1381269 Exhibition Expenses 771005 771005 Purchases of art 439575 432375 7200 Collection Maint/Framin 287204 287204 775461 385527 236690 153244 19236271 14871245 3385573 979453 2258865 2411255 5743452 4390807 125234 115912 413774 431395 457604 173236 143947089 51595265 95353497 92351824 37175194 35081670 11249158 15404364 396435 399050 153173213 150759513 1188204 898754 1058979 1046099 4079120 2596394 6326303 4541247 X 100256134 97073655 17062502 19067971 29528274 30076640 146846910 146218266 153173213 150759513 -3098957 2470313 0 X 0 1 X 1 0 X 10912522 22899084 14794584 15996321 10324798 74927309 655336 55250 710586 11567858 22954334 14794584 15996321 10324798 75637895 7380840 68257055 1014314 1452221 655562 726615 299117 4147829 79785724 23585792 0.85550 0.88500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 41094128 514502 3594383 1511100 43691913 36109358 3766133 2185819 967182 41094128 38829959 460563 94515 3275679 36109358 35272154 875569 4890746 2208510 38829959 32334439 927808 3106578 1096671 35272154 0.03750 0.68840 0.27410 1 0 107091494 40203035 66888459 30737657 6400232 24337425 5614740 4991998 622742 503198 503198 92351824 Money Market Funds 7132853 C Privately held stock 334278 F Alternative Investments 7937233 F 15404364 Deferred Lease Expense 96394 Construction Line of Credit 2500000 2596394 19845970 2470313 104615 -226111 2348817 17497153 -1359839 -1359839 16137314 20474614 104615 1359839 1464454 19010160 226111 226111 19236271 Part III, Line 1a: The Art Museum's collection comprises more than 30,000 works of art that 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. The value of the art objects in the permanent collection is excluded from the accompanying statements of financial position. An addition of a work of art to the permanent collection is made either by donation from a benefactor or through a purchase from Art Museum acquisition funds. The Art Museum's funds designated for acquisitions may be classified as permanently restricted, for which only the income earned on the principal balance may be used for acquisitions; temporarily restricted, for which both the principal and earned income may be used for acquisitions; or unrestricted, representing funds designated by the board to be used for acquisitions. Proceeds from deaccessions of collection items are reflected as increases in the appropriate net asset classes. Part III, Line 4: The Milwaukee Art Museum collects and preserves art, presenting it the community as a vital source of inspiration and education. 30,000 works of art. 400,000+ visitors a year. 125 years of collecting art. From its roots in Milwaukee's first art gallery in 1888, the Museum has grown today to be an icon for Milwaukee and a resource for the entire state. Four floors of over forty galleries of art are rotated regularly with works from antiquity to the present in the Museum's far-reaching Collection. Included in the Collection are 15th- to 20th-century European and 17th- to 20th-century American paintings, sculpture, prints, drawings, decorative arts, photographs, and folk and self-taught art. Among the best in the nation are the Museum's holding of American decorative arts, German Expressionism, folk and Haitian art, and American art after 1960. The Museum also holds one of the largest collections of works by Wisconsin native Georgia O'Keeffe. Part V, Line 4: The Art Museum's endowments consist of various funds established to benefit the Art Museum for a variety of purposes. The Art Museum's endowments include both donor-restricted endowments and funds designated by the board of trustees to function as an endowment. Net assets associated with the endowment funds are classified and reported based on the existence or absence of donor-imposed restrictions. Part XI, Line 2d - Other Adjustments: Investment fees -226,111. Part XI, Line 4b - Other Adjustments: Rental Expenses -713,693. Fundraising Expenses -646,146. Part XII, Line 2d - Other Adjustments: Rental Expense 713,693. Fundraising Expenses 646,146. X X X X X X 1 Sponsorship Placement 2002 200th Ave Union Grove WI 53182 Development Consultant/Onsite Staff 0 0 135296 -135296 135296 -135296 WI Bal du Lac 539618 496043 43575 116779 Lakefront Festival of the Arts 481130 91939 389191 130984 32202 11975 196223 8 209783 68970 140813 400 157583 1230531 656952 573579 131384 32202 11975 470585 646146 -72567 X X X 1 1 X X X X 0 0 0 0 0 0 0 1 0 Marcelle Polednik Baumgartner Director 104222 0 40000 0 23645 0 0 0 0 0 167867 0 0 0 Jane Wochos Chief Financial Officer 146953 0 0 0 0 0 2996 0 4047 0 153996 0 0 0 Part I, Line 1a Housing allowance or residence for personal use was provided to the new Director, Marcelle Polednik. Rental income was paid by Milwaukee Art Museum, Inc. through August 2017. This benefit was treated as taxable compensation to the Director. The museum pays for dues to the University Club, which the Director uses for business meetings and donor cultivation. Any personal dinners/events are reimbursed to the museum by the Director. The benefit was not treated as taxable compensation to the Director. The director was also provided personal services in the form of being reimbursed for babysitting expenses on event nights. This benefit was not treated as taxable compensation to the Director. Part I, Line 7 Marcelle Polednik was provided non-fixed payments for moving expenses, which totaled $23,257 in calendar year 2016 and $23,869 in fiscal year 2017. Personal service provided was a babysitter for event nights. This is amount is not picked up as taxable compensation. X 413 0 X 19 566063 Selling price prop X Special events items 2 4270 Cost of donated prop 0 0 1 0 Part I, Column (b): The organization tracks and reports the number of items contributed for Works of Art and the number of contributions for publicly traded securities and special event items. Part I, Line 33: A zero amount was reported on Form 990, Part VIII, line 1g, for contributions of art because the museum did not not capitalize its collections, as allowed under SFAS 116 (ASC 958-360-25). Form 990, Part VI, Section A, line 2 Trustees Joan Lubar and Marianne Lubar and Sheldon Lubar have a family relationship. Form 990, Part VI, Section A, line 6 The Corporation shall have multiple classes of members which shall be comprised of those who contribute financial support to the Corporation, with the benefits of each level of membership determined according to the guidelines established by the Board of Trustees. Form 990, Part VI, Section A, line 7a Each Member shall be entitled to one vote for the purpose of electing the Board of Trustees. Members shall also be entitled to the specific benefits designated for their given level of contribution to the Corporation. Form 990, Part VI, Section B, line 11b Form 990 is reviewed by the chief financial officer, audit committee, finance committee and the board prior to filing with the Internal Revenue Service. Form 990, Part VI, Section B, line 12c Trustees must immediately disclose to the Board of Trustees the existence of any potential conflict of interest that is expected to result in an economic benefit to a disqualified person. After disclosure of the Conflict of Interest, the Disqualified Person, if present, shall leave the Board meeting while the Conflict of Interest is discussed and voted upon. The remaining trustees who do not have a Conflict of Interest shall decide if a Conflict of Interest exists. The Chair of the Board shall, if appropriate, appoint a disinterested trustee, or a committee comprised of trustees who do not have a Conflict of Interest to evaluate the proposed transaction or arrangement using Appropriate Data. Form 990, Part VI, Section B, line 15 The following policy applies to the Director as well as all members of the Senior Management Team: The compensation of each senior staff member will be established by the Human Resources Committee in advance. If any Committee members are employees of the organization, they may provide input to the board, but will not participate in the discussion or decision making by the Committee. The Human Resource Committee will meet at least annually, to approve changes to the compensation for all senior staff members. The committee will compare the proposed compensation levels with those of similarly sized organizations, based on salary survey data from the Association of Art Museum Directors and the Midwest Museum Association. The vote by the Committee will be recorded in the meeting minutes, including the amounts authorized and references to the comparison information. Any compensation opinions provided to the board will be kept with the Human Resource Committee records. For vacant positions, the Human Resource Committee (or a subcommittee) will approve the salary level prior to the job offer being made to a potential new senior staff member. If a search is to be made to fill a vacant senior staff position, Board members and the Director discuss and decide which firm to engage to conduct the search. Form 990, Part VI, Section C, line 19 Governing documents and the conflict of interest policy are available to the public upon request through contacting Alissa Karl, CFO. Annual financial reports are available on the Milwaukee Art Museum's website. Museum Center Park Inc 700 N Art Museum Drive Milwaukee WI 53202 810803576 To support Milwaukee Art Museum, Inc. WI 501(c)(3) Line 10 Milwaukee Art Museum Inc 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0