2017-07-17T12:39:14-05:00 2016-08-31 390758449 Wipfli LLP 10000 Innovation Drive Suite 250 Milwaukee WI 532264837 990 2015-09-01 390806316 Milwaukee Art Museum Inc MILW 4142243200 700 N Art Museum Drive Milwaukee WI 53202 Marcelle Polednik Baumgartner Director 4142243200 2017-07-17 1 Stephanie Hamilton CPA P01233633 4144319300 2017-07-17 2015 2021-01-29 14:40:06Z Marcelle Polednik 700 N Art Museum Drive Milwaukee WI 53202 62600647 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 48 403 206 -299949 -299948 14794584 15996321 2235970 2257369 3524127 1160727 692583 1541410 21247264 20955827 0 0 0 0 6941398 7622891 125663 134646 1236946 10591396 12977586 17658457 20735123 3588807 220704 148638411 153173213 3326041 6326303 145312370 146846910 X The Milwaukee Art Museum collects and preserves art, presenting it to the community as a vital source of inspiration and education.The value of the art objects in the permanent collection is excluded from the 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. Art Museum funds designated for acquisitions may be classified as permanently restricted, for which only the income earned on the principal balances 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. 0 0 3343420 0 50650 Presentation and Curatorial: Special exhibits during 15-16 included Larry Sultan: Here and Home; Nature and the American Vision: The Hudson River School; American Epics: Thomas Hart Benton and Hollywood; Sam Francis: Master Printmaker; Taking Center Stage: The Lanford Wilson Collection of Self-Taught Art; and the Annual Scholastic Exhibition. 1310339 0 82805 Education: We served a total of 465,424 people in Education programs in fiscal year 2015/2016. 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 over 911 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. 3239686 0 2001247 Audience member and volunteer development: Admissions and tours for fiscal 2016 totaled 326,254. Approximately 206 volunteers assisted in many activities. 8002038 0 1623068 Acquisition of art: Accession of art for the museum's permanent collection. 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. 8002038 0 1623068 15895483 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 0 0 0 1 274 0 1 403 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 Jane Wochos 4142243881 700 N Art Museum Drive Milwaukee WI 53202 Deborah Attanasio Trustee 1.00 X 0 0 0 Bevin Bailis Trustee 1.00 X 0 0 0 Donald W Baumgartner Trustee 1.00 X 0 0 0 Wendy W Bluementhal 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 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 Carmen Haberman Trustee 1.00 X 0 0 0 Claire H Hackmann Trustee 1.00 X 0 0 0 Charles Harvey Trustee 1.00 X 0 0 0 Ronald Joelson Trustee 1.00 X 0 0 0 Steve 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 MD Trustee 1.00 X 0 0 0 Joan 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 X 0 0 0 Frederick Vogel IV Trustee 1.00 X 0 0 0 Jeffery W Yabuki Trustee 1.00 X 0 0 0 Kathleen Saito Yuille Trustee 1.00 X 0 0 0 Sheldon B Lubar Trustee 1.00 X 0 0 0 Patricia Jursik Trustee 1.00 X 0 0 0 Martin Weddle Trustee 1.00 X 0 0 0 Kim Muench Trustee 1.00 X 0 0 0 Mary Basson Trustee 1.00 X 0 0 0 Kenneth C Krei Chairman of the Board 1.00 X X 0 0 0 Donald Layden President 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 Frederic G Friedman Asst. Secretary & Legal Counsel 1.00 X X 0 0 0 Jane Wochos CFO 40.00 X 137449 0 9000 Dan Keegan Director-Thru May 2016 40.00 X 308045 0 17023 Marcelle Polednik Baumgartner Director-Beg June 2016 40.00 X 0 0 0 Mary Albrecht Senior Director of Development 40.00 X 142773 0 3565 Brady Roberts Chief Curator 40.00 X 154706 0 8775 Vicki Scharfberg Senior Director of Marketing 40.00 X 118438 0 5796 861411 0 44159 5 0 1 0 HGA PO Box 86 Minneapolis MN 554861861 Construction 922033 Hunzinger Construction Company 21100 Enterprise Ave Brookfield WI 53045 Construction 622219 Mahler Enterprises Inc 600 N Broadway Milwaukee WI 53202 Cleaning Services 231386 Sysco Food Services of Eastern Wisconsin 1 Sysco Dr Jackson WI 53037 Food Services 206773 The American Federation Of Art 305 E 47th St Fl 10 New York NY 10017 Gallery Services 162800 14 1244558 488944 1100000 13162819 536736 15996321 Admissions/Tours 900099 1979093 1653134 325959 Special events exhibition related 900099 144821 144821 Class Fees 900099 82805 82805 Exhibition Income 900099 50650 50650 2257369 244753 244753 481862 747930 -266068 -266068 -266068 38723992 37808018 915974 915974 915974 620749 488944 605750 14999 14999 3899014 2483122 1415892 1512765 -96873 Deaccession Income 900099 254551 254551 Commerical Photo 900099 39100 39100 Parking 900099 22154 22154 60782 59044 1738 376587 20955827 3757770 -299949 1501685 477093 477093 5935269 4796371 614893 524005 55317 41505 5969 7843 635800 468474 120585 46741 519412 406805 76596 36011 61425 61425 45100 45100 134646 134646 156981 156981 901420 385031 516389 1087063 1048370 38693 1787971 1481005 274729 32237 214012 214012 842229 802691 37408 2130 68801 42589 19019 7193 15864 15864 3362301 2596564 765737 221849 80575 141274 Purchases of art 1987266 1987266 Exhibition Expenses 1056599 1056599 Education Program Expen 286445 286445 Collection Maint/Framin 285733 285733 596527 113596 75484 407447 20735123 15895483 3602694 1236946 6823138 2258865 8508202 5743452 111648 125234 385256 413774 422457 457604 143382538 48029041 89444850 95353497 36240466 37175194 6293316 11249158 409078 396435 148638411 153173213 2297171 1188204 1028870 1058979 0 4079120 3326041 6326303 X 97033838 100256134 23215095 17062502 25063437 29528274 145312370 146846910 148638411 153173213 X 220704 1280926 32910 X X 0 1 X 1 0 X 8341614 10912522 22899084 14794584 15996321 72944125 626668 655336 55250 1337254 8968282 11567858 22954334 14794584 15996321 74281379 5646233 68635146 752936 1014314 1452221 655562 726615 4601648 78883027 23528475 0.87010 0.89750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 36109358 3766133 2185819 967182 41094128 38829959 460563 94515 3275679 36109358 35272154 875569 4890746 2208510 38829959 32334439 927808 3106578 1096671 35272154 30268902 432877 2987454 1354794 32334439 0.03660 0.71860 0.24490 1 0 95352427 29007572 66344855 42364307 14270835 28093472 5465324 4750634 714690 200480 200480 95353497 Money Market Funds 11249158 F 11249158 Deferred Lease Expense 79120 Construction Line of Credit 4000000 4079120 25152093 1280926 113950 2958371 4353247 20798846 156981 156981 20955827 23617553 113950 2925461 3039411 20578142 156981 156981 20735123 Part III, Line 1a: The Art Museum's collection comprises more than 29,000 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 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. Art Museum funds designated for acquisitions may be classified as permanently restricted, for which only the income earned on the principal balances 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 Art Museum's collection comprises more than 29,000 works of art that are held for pubic exhibition, education, or research in furtherance of public service. The collection directly fulfills the organization's exempt purpose of collecting and preserving art and presenting it to the community as a vital source of inspiration and education. 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: Cafe Expense 1,149,544. Rental Expense 747,930. Friends of Art Donation Transfer 422,237. Special Event Expense 605,750. Change is Assets held in Trust 4,910. Change in Present Value Discount 28,000. Part XII, Line 2d - Other Adjustments: Cafe Expense 1,149,544. Rental Expense 747,930. Friends of Art Donation Transfer 422,237. Special Event Expense 605,750. X X X X X X 1 Sponsorship Placement 2002 200th Ave Union Grove WI 53182 Development Consultant/Onsite Staff 0 0 134646 -134646 134646 -134646 WI Lakefront Festival of Arts 399577 74680 324897 16856 129542 41029 11840 208874 Bal Du Lac/other FOA 280622 241764 38858 65755 2 429494 172500 256994 131854 1109693 488944 620749 16856 129542 41029 11840 406483 605750 14999 X X X X 1 0 0 0 0 0 0 0 0 Dan Keegan Director-Thru May 2016 308045 0 0 0 0 0 5300 0 11723 0 325068 0 0 0 Brady Roberts Chief Curator 154706 0 0 0 0 0 3147 0 5628 0 163481 0 0 0 Part I, Line 4a The Director of Marketing and Communication received a severance payment of $14,620. X 58 0 X 12 519204 Fair Market Value X 1 2900 Fair Market Value X Flowers/landscaping 2 9200 Fair Market Value X Miscellaneous items 2 5432 0 1 0 Part I, Line 33: A zero amount was reported on Form 990, Part VIII, line 1g, because the museum did not not capitalize its collections, as allowed under SFAS 116. 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. 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 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 11 Form 990 is reviewed by the CFO, audit committee, finance committee and the board prior to filing with the Internal Revenue Service. Form 990, Part VI, Section B, line 12c Board members must immediately disclose to the Board of directors 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 Board members 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 member, or a committee comprised of members 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 Jane Wochos, CFO. Annual financial reports are available on the Milwaukee Art Museum's website. Form 990, Part XI, line 9: Change in Assets Held in Trust 4,910. Change in Present Value Discount 28,000. Form 990, Part XII, Line 2c: The process has not changed from the prior year. Museum Center Park Inc 700 N Art Museum Drive Milwaukee WI 53202 810803576 Charitable, educational, and scientific purposes WI 501(c)(3) Line 9 Milwaukee Art Museum Inc 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0