2017-02-15T16:04:19-06:00 2016-09-30 750786316 WEAVER AND TIDWELL LLP 12221 MERIT DRIVE SUITE 1400 DALLAS TX 75251 990 2015-10-01 756067569 PEROT MUSEUM OF NATURE AND SCIENCE PERO 2144285555 2201 N FIELD ST DALLAS TX 75201 SALLY MCDONALD BERVEN CFO 2144285555 2017-02-15 1 IRA L NEVELOW P00083210 9724901970 2015 2021-01-29 14:40:06Z DAN KOHL 2201 N FIELD ST DALLAS TX 75201 36617877 0 X WWW.PEROTMUSEUM.ORG X 1968 TX THE PEROT MUSEUM OF NATURE AND SCIENCE'S MISSION IS TO INSPIRE MINDS THROUGH NATURE AND SCIENCE." THE MUSEUM COMPLETED ITS NEW BUILDING IN DOWNTOWN DALLAS IN THE FALL OF 2012 AND THROUGH SEPTEMBER 30, 2016, MORE THAN 4.9 MILLION PEOPLE HAVE VISITED THE MUSEUM OR EXPERIENCED A PEROT MUSEUM OUTREACH PROGRAM. 29 29 440 1556 -1782 -1782 12987531 8035059 12119593 11622985 681623 -694610 768653 266595 26557400 19230029 0 9111 0 0 9882896 9911104 0 0 560001 19896372 17811010 29779268 27731225 -3221868 -8501196 204030580 196813270 4330847 3858690 199699733 192954580 X THE PEROT MUSEUM OF NATURE AND SCIENCE'S MISSION IS TO "INSPIRE MINDS THROUGH NATURE AND SCIENCE." THE MUSEUM ACCOMPLISHES THIS MISSION BY DELIVERING EXCITING, ENGAGING AND INNOVATIVE EXPERIENCES THROUGH ITS YEAR ROUND EDUCATIONAL PROGRAMMING, RESEARCH AND COLLECTIONS, ELEVEN STATE-OF-THE-ART PERMANENT EXHIBIT HALLS, HIGH QUALITY TRAVELING EXHIBITIONS, EARLY CHILDHOOD PROGRAMS, EDUCATIONAL FILMS, AND PORTABLE UNIVERSE SHOWS TO STUDENTS, TEACHERS, ADULTS, CHILDREN, FAMILIES AND LIFE-LONG LEARNERS. 0 0 17040851 9111 8848014 THE PEROT MUSEUM OF NATURE AND SCIENCE IS THE RESULT OF A SUCCESSFUL $185 MILLION CAPITAL CAMPAIGN TO UNITE THE THREE INSTITUTIONS OF THE MUSEUM OF NATURE & SCIENCE (THE DALLAS MUSEUM OF NATURAL HISTORY, THE SCIENCE PLACE, AND THE DALLAS CHILDREN'S MUSEUM) INTO ONE AMAZING INTERACTIVE BUILDING. WITH A RICH HISTORY AS A RESEARCH AND COLLECTION INSTITUTION, AS WELL AS A HANDS-ON, INTERACTIVE CENTER FOR EXPLORATION AND DISCOVERY, THE PEROT MUSEUM OF NATURE AND SCIENCE, WHICH OPENED DECEMBER 1, 2012, CONTINUES TO STRIVE TO ACHIEVE OUR MISSION TO "INSPIRE MINDS THROUGH NATURE AND SCIENCE" THROUGH A WIDE VARIETY OF ACTIVITIES INCLUDING IN-DEPTH PERMANENT EXHIBITS, TRAVELING EXHIBITS, INTERACTIVE DISCOVERY STATIONS, ONSITE SCHOOL PROGRAMS, SCHOOL OUTREACH PROGRAMS, SUMMER CAMPS, FILMS, AND WEEKEND ACTIVITIES FOR ADULTS, CHILDREN, AND FAMILIES. IN FY 16, THE MUSEUM SERVED NEARLY 900,000 VISITORS, INCLUDING OVER 200,000 SCHOOL-AGED CHILDREN. 3917733 1551894 EDUCATION IS THE CORE OF OUR MISSION AND UNDERPINS ALL OF OUR ACTIVITIES. THE PEROT MUSEUM IS DEDICATED TO IMPROVING SCIENCE AND MATH LITERACY, IMPROVING EMPIRICAL THINKING SKILLS, AND ENGENDERING AN UNDERSTANDING OF THE WORLD'S NATURAL PROCESSES BY ENCOURAGING CHILDREN TO PURSUE CAREERS AS SCIENTISTS, EDUCATORS, RESEARCHERS AND ENGINEERS. THE MUSEUM PROVIDES MORE THAN 30 HANDS-ON, PROBLEM BASED LEARNING PROGRAMS FOR SCHOOL CHILDREN IN GRADES PRE-K TO 12 THAT SUPPORT THE TEXAS ESSENTIAL KNOWLEDGE AND SKILLS (TEKS) STANDARDS. IN ADDITION, THE MUSEUM PROVIDES PROFESSIONAL DEVELOPMENT PROGRAMS FOR TEACHERS. TO ENSURE ACCESSIBILITY TO PEROT MUSEUM PROGRAMS, PARTICULARLY STUDENTS WHO ARE IN AT-RISK NEIGHBORHOODS, THE MUSEUM PROVIDES FINANCIAL AID WITH FUNDS CONTRIBUTED BY INDIVIDUALS, CORPORATIONS AND FOUNDATIONS FOR THIS PURPOSE. THE MUSEUM PROVIDES PROGRAMS BOTH ON-SITE AND OFF-SITE TO THE NORTH TEXAS COMMUNITY. OUR PUBLIC PROGRAM OFFERINGS INCLUDE SCIENCE CAMPS, SLEEPOVERS, SCOUTING ADVENTURES, ADULT PROGRAMS, SCIENCE-THEMED BIRTHDAY PARTIES AND WEEKEND ACTIVITIES FOR CHILDREN AND FAMILIES WHICH APPEAL TO AUDIENCES OF ALL AGES, ETHNICITY AND ECONOMIC MEANS. IN FY 16, THE MUSEUM PROVIDED ALMOST 3,600 EDUCATION PROGRAMS WHICH SERVED NEARLY 155,000 CONSTITUENTS, WHICH WERE MOSTLY SCHOOL-AGED CHILDREN. 677487 1219706 THE HOGLUND FOUNDATION THEATER, A NATIONAL GEOGRAPHIC EXPERIENCE, IS A 3D THEATER WHICH PROVIDES VISITORS WITH AN ENGAGING EDUCATIONAL EXPERIENCE. THE MUSEUM FEATURED 10 FILMS IN FY 16 WITH ATTENDANCE TOTALING ALMOST 230,000. 666570 3371 THE MUSEUM CONTINUES ITS EXPLORATION AND SCIENTIFIC FIELD WORK IN TEXAS AND ALASKA, MAINLY IN THE FIELD OF POLAR PALEONTOLOGY. THESE SCIENTIFIC EXPLORATIONS ALSO EXTEND INTERNATIONALLY AND INCLUDE COUNTRIES LIKE JAPAN, ITALY AND SOUTH KOREA. THE RESULTS OF THE EXPEDITIONS NOT ONLY CONTINUE THE GROWTH OF THE PEROT MUSEUM'S SCIENTIFIC COLLECTIONS AND FURTHER THE MISSION OF THE MUSEUM, THE DYNAMIC NEW DISCOVERIES ALSO PROVIDE THE MUSEUM A CONTINUOUS SOURCE OF INFORMATION FOR REFRESHING ITS EDUCATION AND EXHIBIT PROGRAMMING. 666570 3371 22302641 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 1 83 0 1 440 1 0 0 0 0 0 1 1 0 0 X 29 29 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X SALLY M BERVEN 2147565837 2201 N FIELD STREET DALLAS TX 75201 JOHN JAGGERS BOARD CHAIR 2.00 X X 0 0 0 HERNAN SAENZ CHAIR-ELECT 2.00 X X 0 0 0 KENNETH W WIMBERLY BOARD SECRETARY 1.00 X X 0 0 0 MARK PLUNKETT BOARD TREASURER 1.00 X X 0 0 0 SHEILA BEUERLEIN DIRECTOR 1.00 X 0 0 0 SAM BLOOM DIRECTOR 1.00 X 0 0 0 WILLIAM LANE BRITAIN DIRECTOR 1.00 X 0 0 0 MICHAEL BRITTIAN DIRECTOR 1.00 X 0 0 0 KELLY COMPTON DIRECTOR 1.00 X 0 0 0 DAVID DUNCAN DIRECTOR 1.00 X 0 0 0 HEATHER GILKER DIRECTOR 1.00 X 0 0 0 ANDREW GOULD DIRECTOR 1.00 X 0 0 0 JEFF GREENBERG DIRECTOR 1.00 X 0 0 0 JOAN HILL DIRECTOR 1.00 X 0 0 0 FORREST HOGLUND DIRECTOR 1.00 X 0 0 0 WALT HUMANN DIRECTOR 1.00 X 0 0 0 DON HUMPHREYS DIRECTOR 1.00 X 0 0 0 STEPHANIE HUNT DIRECTOR 1.00 X 0 0 0 KAREN KATZ DIRECTOR 1.00 X 0 0 0 LIBBY MCCABE DIRECTOR 1.00 X 0 0 0 MAC MCFARLAND DIRECTOR 1.00 X 0 0 0 CAROLYN PEROT RATHJEN DIRECTOR 1.00 X 0 0 0 ERIC REEVES DIRECTOR 1.00 X 0 0 0 BART SHOWALTER DIRECTOR 1.00 X 0 0 0 EARL SIMPKINS DIRECTOR 1.00 X 0 0 0 MARY SUHM DIRECTOR 1.00 X 0 0 0 SHARON TINDELL DIRECTOR 1.00 X 0 0 0 ABBY WILLIAMS DIRECTOR 1.00 X 0 0 0 ALEX WINSLOW DIRECTOR 1.00 X 0 0 0 SALLY MCDONALD BERVEN CHIEF FINANCIAL OFFICER 40.00 X 137785 0 6402 DAVID HUMPHRIES CHIEF INFORMATION OFFICER/INTERIM VP OF REVENUE OP 40.00 X 188447 0 7977 DAN KOHL INTERIM CEO/VP OF CREATIVITY 40.00 X 198749 0 23122 LINDA MURDOCK DIRECTOR OF SALES 40.00 X 100826 0 3952 MIKE COSTELLO VP OF SHARED SERVICES 40.00 X 176502 0 12995 BETH HOOK VP OF MARKETING 40.00 X 120942 0 6111 JENNIFER SCRIPPS VP OF REVENUE OPERATIONS 40.00 X 164241 0 5149 COLLEEN WALKER CHIEF EXECUTIVE OFFICER 40.00 X 299891 0 13332 TONY FIORILLO VP OF RESEARCH & COLLECTIONS 40.00 X 106694 0 4220 1494077 0 83260 9 0 1 0 REDLEESCS INC 10425 OLYMPIC DR STE A DALLAS TX 75220 JANITORIAL 718705 LANDMARK PROTECTIVE SERVICES 211 S STATE HWY 342 RED OAK TX 75154 SECURITY 589836 GUIDEIT 101 E PARK BLVD PLANO TX 75074 INFORMATION TECHNOLOGY 510729 CCB TECHNOLOGY 2823 CARLISLE AVE RACINE WI 53404 INFORMATION TECHNOLOGY 386190 LUKENS 2800 SHIRLINGTON ROAD 9TH FLOOR ARLINGTON VA 22206 MARKETING 383429 14 4117431 961994 836278 2119356 1852718 8035059 ADMISSION FEES - 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EQUITIES 4170524 F PRIVATELY MANAGED FUNDS - EQUITIES 17944902 F PRIVATELY MANAGED FUNDS - FIXED INCOME 1858742 F PRIVATELY MANAGED FUNDS - ALTERNATIVE INVESTMENTS 444627 F PRIVATE EQUITY FUND 275068 F 24693863 X 22512578 2255154 437249 655691 3348094 19164484 65545 65545 19230029 29257731 936360 655691 1592051 27665680 65545 65545 27731225 PART III, LINE 1A: THE PHYSICAL FACILITIES AT FAIR PARK AND A PORTION OF THE COLLECTIONS OF THE MUSEUM ARE OWNED BY THE CITY OF DALLAS, EXCEPT FOR THE MUDGE LIBRARY OF RARE BOOKS AND CERTAIN OTHER COLLECTIONS WHICH ARE OWNED BY THE MUSEUM. THE COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE MUSEUM'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED OR AS TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS. PART III, LINE 4: THE MUSEUM'S COLLECTIONS INCLUDE OVER 200,000 ITEMS COMPRISED OF ARTIFACTS, ECO-FACTS, ENTOMOLOGY, VERTEBRATE AND INVERTEBRATE PALEONTOLOGY, MALACOLOGY, ICHTHYOLOGY, HERPETOLOGY, ORNITHOLOGY AND MAMMAL SPECIMENS, AND COVER APPROXIMATELY 1.7 BILLION YEARS OF THE EARTH'S HISTORY. THE PEROT MUSEUM OF NATURE AND SCIENCE IS A COLLECTIONS-BASED, RESEARCH-DRIVEN NATURE AND SCIENCE MUSEUM DEDICATED TO FURTHERING AN UNDERSTANDING AND APPRECIATION OF THE NATURAL, TECHNOLOGICAL, AND SCIENTIFIC WORLD THROUGH COLLECTIONS-BASED RESEARCH, EDUCATIONAL PROGRAMS AND EXHIBITS. THE MUSEUM USES ITS COLLECTIONS TO SUPPORT ITS MISSION TO "INSPIRE MINDS THROUGH NATURE AND SCIENCE." THE MUSEUM WAS OPEN TO THE PUBLIC 359 DAYS THIS YEAR. PART V, LINE 4: THE INTENDED USE OF THE ENDOWMENT FUNDS IS FOR GENERAL OPERATIONS AT THE PEROT MUSEUM OF NATURE AND SCIENCE BUILDING IN VICTORY PARK. THE BOARD OF DIRECTORS ESTABLISHED A BOARD-DESIGNATED RESERVE FUND IN FISCAL 2013. THE PURPOSE OF THE ESTABLISHMENT OF SUCH FUNDS IS TO PROVIDE FOR FUTURE REPAIR OR REPLACEMENT BUILDING, EXHIBIT, TECHNOLOGY OR OPERATING COSTS AT THE BOARD'S DISCRETION. PART X, LINE 2: THE ORGANIZATION HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A NONPROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAX ON ITS INCOME, UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION FOLLOWS THE PROVISIONS OF ASC 740-10, INCOME TAXES, RELATED TO UNRECOGNIZED TAX POSITIONS. THE ORGANIZATION RECOGNIZES THE TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITIONS. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH POSITIONS ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE ORGANIZATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND ACCORDINGLY, IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. FOR THE YEARS ENDED SEPTEMBER 30, 2016 AND 2015, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS RELYING ON ITS TAX-EXEMPT STATUS AND ITS ADHERENCE TO ALL APPLICABLE LAWS AND REGULATIONS TO PRESERVE THAT STATUS. HOWEVER, THE CONCLUSIONS REGARDING ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES WILL BE SUBJECT TO REVIEW AND MAY BE ADJUSTED AT A LATER DATE BASED ON FACTORS INCLUDING, BUT NOT LIMITED TO, ONGOING ANALYSIS OF TAX LAWS, REGULATIONS, AND INTERPRETATIONS THEREOF. THE ORGANIZATION'S INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO EXAMINATION FOR THREE YEARS AFTER THE LATER OF THE DUE DATE OR DATE OF FILING. AS A RESULT, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS PRIOR TO 2013. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT DIRECT COSTS 312,420. RENTAL DIRECT COSTS 343,271. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT DIRECT COSTS 312,420. RENTAL DIRECT COSTS 343,271. "NIGHT AT THE MUSEUM" DINNER 1068566 961994 106572 132792 105575 74053 1068566 961994 106572 132792 105575 74053 312420 -205848 0 THE DALLAS FOUNDATION 3963 MAPLE AVENUE SUITE 390 DALLAS TX 75219 752890371 501(C)(3) 9111 DONATION TO LINE OF DUTY FUND 1 1 X X X 1 0 0 0 0 0 0 0 0 DAVID HUMPHRIES CHIEF INFORMATION OFFICER/INTERIM VP 164971 0 22000 0 1476 0 0 0 7977 0 196424 0 0 0 DAN KOHL INTERIM CEO/VP OF CREATIVITY 176689 0 20000 0 2060 0 8196 0 14926 0 221871 0 0 0 MIKE COSTELLO VP OF SHARED SERVICES 141811 0 33500 0 1191 0 7618 0 5377 0 189497 0 0 0 JENNIFER SCRIPPS VP OF REVENUE OPERATIONS 145650 0 17500 0 1091 0 5149 0 0 0 169390 0 0 0 COLLEEN WALKER CHIEF EXECUTIVE OFFICER 298197 0 0 0 1694 0 6930 0 6402 0 313223 0 0 0 SAM BLOOM DIRECTOR 16402 MR. BLOOM IS THE GENERAL MANAGER OF CAMELOT COMMUNICATIONS, LTD, WHICH PROVIDED SERVICES TO THE MUSEUM IN 2015. 0 JEFF GREENBERG DIRECTOR 48361 MR. GREENBERG IS THE GROUP VICE PRESIDENT OF TIME WARNER CABLE, WHICH PROVIDED SERVICES TO THE MUSEUM IN 2015. 0 KENNETH W WIMBERLY DIRECTOR 11514 MR. WIMBERLY IS THE VICE PRESIDENT AND DEPUTY GENERAL COUNSEL OF AMERICAN AIRLINES, WHICH PROVIDED SERVICES TO THE MUSEUM IN 2015. 0 X 6 1776728 AVG HIGH/LOW STOCK X 10 X SOFTWARE & LICENSES 1 68140 INVOICE X COUNTER COVERS 1 7850 INVOICE 0 1 1 PART I, LINE 32B: THE MUSEUM'S BROKER HAS STANDING INSTRUCTIONS TO IMMEDIATELY SELL ANY CONTRIBUTIONS OF SECURITIES. PART I, LINE 33: LINE 23, COLUMN C: $0 WAS REPORTED BECAUSE THE MUSEUM DOES NOT CAPITALIZE ITS COLLECTION UNDER ASC 958-360-25 (FORMERLY SFAS 116). FORM 990, PART VI, SECTION A, LINE 2 ERIC REEVES, DIRECTOR, IS THE BROTHER-IN-LAW OF CAROLYN PEROT RATHJEN, DIRECTOR. FORM 990, PART VI, SECTION A, LINE 7A WITH RESPECT TO THE ORGANIZATION'S 29 CURRENT DIRECTORS, UP TO TWO ARE APPOINTED AT THE ORGANIZATION'S ANNUAL MEETING UPON THE SOLE AUTHORITY AND DISCRETION OF PETRUS MANAGEMENT HOLDING COMPANY, INC. FORM 990, PART VI, SECTION B, LINE 11 INDEPENDENT CPA FIRM PREPARES THE FORM 990 BASED ON INFORMATION FROM THE AUDIT AND OTHER INFORMATION AS REQUESTED FROM THE MUSEUM'S CFO. THE CFO AND THE PEROT MUSEUM TAX MANAGER REVIEW THE PREPARED FORM 990 WITH THE CPA FIRM. THEN THE CFO CIRCULATES THE FORM 990 TO THE CEO, BOARD CHAIRMAN AND FINANCE & AUDIT COMMITTEE FOR REVIEW AND COMMENTS. ANY NECESSARY CHANGES ARE MADE AND THEN A COPY OF THE APPROVED FORM IS PROVIDED TO THE GOVERNING BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND STAFF RECEIVE A COPY OF THE CONFLICTS OF INTEREST POLICY AND ARE REQUIRED TO ACKNOWLEDGE IN WRITING THAT HE/SHE HAS READ, UNDERSTANDS AND WILL COMPLY WITH THE POLICY. A DISCLOSURE QUESTIONNAIRE IS SENT TO ALL BOARD MEMBERS TO COMPLETE SO THEY CAN DISCLOSE THEIR PERSONAL, BUSINESS, OR OTHER ORGANIZATIONAL INTEREST AND AFFILIATIONS AND THOSE OF PERSONS CLOSE TO THEM THAT COULD BE REASONABLY CONSTRUED AS BEING MUSEUM RELATED. THESE DISCLOSURE STATEMENTS ARE UPDATED ANNUALLY. IF THERE APPEARS TO BE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE WILL GIVE THE MEMBER OR EMPLOYEE THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS SO THEY CAN VOTE ON WHETHER A CONFLICT EXISTS OR NOT. THE INTERESTED PARTY WILL BE ASKED TO LEAVE THE MEETING WHEN THE VOTE IS TAKEN. IF A CONFLICT EXISTS, THE GOVERNING BOARD OR COMMITTEE WILL DO FURTHER INVESTIGATION AND SEE IF THERE IS ANOTHER OPTION TO PURSUE. 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 COMPENSATION FOR THE CEO WAS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE GOVERNING BOARD OF DIRECTORS OF THE MUSEUM. THE EXECUTIVE COMMITTEE REVIEWED THE CEO'S JOB PERFORMANCE VERSUS ANNUAL OBJECTIVES IN ADDITION TO USING COMPARABLE COMPENSATION DATA FROM OTHER ORGANIZATIONS' FORM 990S AND TAKING INTO CONSIDERATION THE OVERALL ECONOMIC/EMPLOYMENT SITUATION REGIONALLY. THE BOARD CHAIRMAN COMMUNICATES THE APPROVED COMPENSATION TO THE VICE PRESIDENT OF HUMAN RESOURCES AND CFO. THE CEO DISCUSSES HER RECOMMENDATIONS REGARDING SENIOR LEVEL COMPENSATION WITH THE EXECUTIVE COMMITTEE. THERE ARE A COMBINATION OF FACTORS WHICH DETERMINE SENIOR LEVEL COMPENSATION WHICH INCLUDE EMPLOYEE PERFORMANCE VERSUS POSITION OBJECTIVES, CURRENT COMPENSATION VERSUS PEER COMPENSATION, TO NAME A COUPLE. SENIOR LEVEL COMPENSATION IS ALSO APPROVED BY THE EXECUTIVE COMMITTEE AND COMMUNICATED BY THE CEO TO THE VICE PRESIDENT OF HUMAN RESOURCES AND THEN DOCUMENTED ON THE RATE CHANGE FORM. FORM 990, PART VI, SECTION C, LINE 19 OTHER ORGANIZATION DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.