2017-04-14T17:37:48-05:00 2016-08-31 390859910 Baker Tilly Virchow Krause LLP 777 E Wisconsin Avenue 32nd Floor Milwaukee WI 53202 990 2015-09-01 391723105 Milwaukee Public Museum Inc MILW 4142786939 800 W Wells Street Milwaukee WI 53233 Dennis Kois President 4142786939 2017-04-14 1 Troy Marine CPA P00187863 4147775500 2017-04-14 2015 2021-01-29 14:40:06Z Dennis Kois 800 W Wells Street Milwaukee WI 53233 14580301 0 X www.mpm.edu X 1992 WI THE MILWAUKEE PUBLIC MUSEUM INSPIRES CURIOSITY, EXCITES MINDS AND INCREASES DESIRE TO PRESERVE AND PROTECT OUR WORLD'S NATURAL AND CULTURAL DIVERSITY THROUGH EXHIBITIONS, EDUCATIONAL PROGRAMS, COLLECTIONS AND RESEARCH. 34 34 193 239 42156 0 8896514 8837569 3088197 4435227 39229 6505 127041 359159 12150981 13638460 0 0 0 0 7661243 7870350 0 0 818477 5269476 5542874 12930719 13413224 -779738 225236 20331748 20355731 10722612 11378837 9609136 8976894 The Milwaukee Public Museum inspires curiosity, excites minds and increases desire to preserve and protect our world's natural and cultural diversity through exhibitions, educational programs, collections and research. 0 0 10046999 4582375 The Milwaukee Public Museum, Inc. operates a natural history museum which focuses on exhibits, public programming and research in the natural sciences, anthropology and history. The Milwaukee Public Museum, Inc. uniquely and directly addresses the themes of biological and cultural diversity and their interrelationships. The Milwaukee Public Museum, Inc. preserves and cares for its collections held in public trust. Through research and collections, the Milwaukee Public Museum Inc. seeks knowledge and understanding of global change and diversity from geological, biological, cultural and historical perspectives. Through its renowned exhibits, its programs and its publications, the Milwaukee Public Museum, Inc. interprets these themes to diverse audiences. 10046999 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 78 0 193 1 1 1 0 0 0 0 1 1 0 0 0 0 X 34 34 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 WI X X Patti Dew 4142786939 800 W Wells Street Milwaukee WI 53233 Alexander Fraser Board Member 1.00 X 0 0 0 Amy Wurlitzer Hopkins Board Member 1.00 X 0 0 0 Betsy Brown Wyatt Board Member 1.00 X 0 0 0 Beverly Smiley Board Member 1.00 X 0 0 0 Bridie A Fanning Board Member 1.00 X 0 0 0 charles I Henderson Asst Secretary/ Asst Treas 1.00 X X 0 0 0 Charles Wright Jr Board Member 1.00 X 0 0 0 Chris Michalski Board Member 1.00 X 0 0 0 Christine Rundblad Board Member 1.00 X 0 0 0 Demond A Means PhD Board Member 1.00 X 0 0 0 Eddie Cullen Board Member 1.00 X 0 0 0 Ethan Elser Sr Board Member 1.00 X 0 0 0 James T Barry III Board Member 1.00 X 0 0 0 Jason Allen Board Member 1.00 X 0 0 0 Jay Williams Immediate past Chairman 1.00 X X 0 0 0 John Malloy Board Member 1.00 X 0 0 0 Keith Baisden Board Member 1.00 X 0 0 0 Khalif Rainey Board Member 1.00 X 0 0 0 Lydia Chartre Secretary 1.00 X X 0 0 0 Lyle Ignace Board Member 1.00 X 0 0 0 Mary Ellen Pindyck Board Member 1.00 X 0 0 0 Michael G Carter CHAIRMAN 1.00 X X 0 0 0 Michael VanAsten Board Member 1.00 X 0 0 0 Niksa Ivancevic Board Member 1.00 X 0 0 0 Patricia J Hoben Board Member 1.00 X 0 0 0 Patricia Yunk Board Member 1.00 X 0 0 0 Sara J Walker Treasurer 1.00 X X 0 0 0 Simon Davis Board Member 1.00 X 0 0 0 Supreme Moore Omokunde Board Member 1.00 X 0 0 0 Susan Martin Board Member 1.00 X 0 0 0 Tanja Felton Board Member 1.00 X 0 0 0 Thad Nation Board Member 1.00 X 0 0 0 Timothy P Byrne Vice Chairman 1.00 X X 0 0 0 Willard T Walker Board Member 1.00 X 0 0 0 Dennis Kois President/CEO 40.00 X 219995 0 21707 Ellen Censky Sr. VP of Museum Programs 40.00 X 162679 0 15628 Hillary Olson VP of Audience & Community Engagement 40.00 X 48702 0 273 Julian Jackson VP of Design 40.00 X 0 0 0 Karen L Spahn SR. VP of Development 40.00 X 174865 0 21917 Michael Bernatz until 5216 Sr. VP of Finance/CFO 40.00 X 164575 0 24357 Patti Dew effective 5216 VP of Finance & Operations 40.00 X 0 0 0 770816 0 83882 4 0 1 0 Science Museum of Minnesota 120 W Kellogg Blvd Saint Paul MN 55102 Exhibition contract 427451 Dahlman Construction PO Box 170110 Milwaukee WI 53217 Maintenance, general construction 242593 Cramer-Krasselt Co 246 E Chicago Street Milwaukee WI 53202 advertising 209902 The Horton Group Inc N19W24101 N Riverwood Drive Suite Waukesha WI 53188 Consulting 169637 Zilli Hospitality Group 613 North Grandview Blvd Waukesha WI 53188 Event Planning 151970 8 279150 3576858 4981561 1033643 8837569 Museum Admissions 713990 2704308 2704308 Membership Revenue 713990 1073099 1073099 Theater/Planetarium Admissions 713990 314578 314578 Restaurant 713990 183053 183053 Program 713990 160189 160189 4435227 6479 6479 101173 59017 42156 42156 42156 19586 19560 26 26 26 241305 279150 211306 29999 29999 1700 0 1700 1700 799106 651958 147148 147148 Other non-operating income 713999 71374 71374 Other income 713990 66782 66782 138156 13638460 4582375 42156 176360 854698 227283 430633 196782 5227458 4308069 537004 382385 317151 317151 1026085 345133 584323 96629 444958 326362 80865 37731 25339 25339 57450 57450 1520 1520 485470 318169 141951 25350 530232 476652 16550 37030 805021 758360 45815 846 943271 943271 161513 125549 32400 3564 102229 1469 100760 1201655 1201655 110667 110667 Maintenance 678882 674363 4519 Miscellaneous 199920 114892 57673 27355 Postage & Shipping 130290 120018 3128 7144 Printing 109415 105754 3661 13413224 10046999 2547748 818477 1691130 2660897 3248983 2479183 46309 61604 39093 42859 79779 83738 34118012 19364729 14963145 14753283 263309 274167 20331748 20355731 1259570 1087817 1003482 1192220 967000 767000 7492560 8331800 10722612 11378837 X 4272171 3060505 5336965 5916389 9609136 8976894 20331748 20355731 X 225236 11919 -869397 X X 0 1 X 1 0 X 9733292 15579355 8039301 8896514 8837569 51086031 9733292 15579355 8039301 8896514 8837569 51086031 1773268 49312763 7532 7139 7081 6277 6479 34508 231383 77035 153862 61249 138156 661685 51782224 20188303 0.95230 0.77970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 6452795 2000 296306 700000 5187 26445 6019469 7553313 2100 -326597 700000 44351 31670 6452795 7081426 30000 874703 390000 9351 33465 7553313 6996268 26134 702432 605000 5935 32473 7081426 7179125 30747 472708 650000 3260 33052 6996268 0.34000 0.63000 0.03000 0 1 1 19691987 10644651 9047336 13140627 8720078 4420549 1285398 1285398 14753283 Interest Payable 8414 Accrued Pension and Postretirement Benefits 6198927 Due to other entities 671813 Interest rate swap liability 31538 Line of credit 1412295 capital leases 8813 8331800 X 14045002 11919 407222 648926 1068067 12976935 1520 660005 661525 13638460 14677244 407222 922281 1329503 13347741 1520 63963 65483 13413224 Part III, Line 1a: The County has legal title to MPM, Inc.'s building, exhibits and artifacts, including any building additions and improvements funded by the county or MPM, Inc. All such assets are leased to MPM, Inc. under a long-term lease. MPM, Inc. has not recorded the building and exhibits from the long-term lease in its consolidated financial statements as the value cannot be determined. MPM, Inc. capitalizes building additions, improvements and exhibit costs when MPM, Inc. is obligated to pay for those capital items including the IMAX theater, the butterfly wing, the concourse, the garden gallery, gift shops and restaurants. These assets will revert to the County if MPM, Inc. were to vacate the facility. MPM, Inc. amortizes these costs over their anticipated useful lives. Part V, Line 4: To support the exempt purpose of the Milwaukee Public Museum. Part X, Line 2: The tax effects from an uncertain tax position can be recognized in the consolidated financial statements, only if there is substantial authority that the position will be upheld based on the technical merits of the position. The organization does not believe that it has any uncertain tax positions at August 31, 2016 and 2015. Part XI, Line 2d - Other Adjustments: Rental Expenses 59,017. Cost of Goods Sold 651,958. Special event expenses 211,306. net change in interest swap liability 43,797. pension and post-retirement benefit -317,152. Part XI, Line 4b - Other Adjustments: Actuarial Loss on post-retirement benefits 660,005. Part XII, Line 2d - Other Adjustments: Rental Expense 59,017. Cost of Goods Sold 651,958. FOM Special Event Expenses 211,306. Part XII, Line 4b - Other Adjustments: Employer Contribution - Health 63,963. Gala 329806 178896 150910 7142 62336 2750 58998 Food & Froth 156525 97265 59260 3417 15786 2950 29376 1 34124 2989 31135 4008 17415 800 6328 520455 279150 241305 14567 95537 6500 94702 211306 29999 X X X X 0 0 0 0 0 0 0 0 0 Dennis Kois President/CEO 219995 0 0 0 0 0 6812 0 14895 0 241702 0 0 0 Ellen Censky Sr. VP of Museum Programs 162679 0 0 0 0 0 9107 0 6521 0 178307 0 0 0 Karen L Spahn SR. VP of Development 174865 0 0 0 0 0 9991 0 11926 0 196782 0 0 0 Michael Bernatz until 5216 Sr. VP of Finance/CFO 164575 0 0 0 0 0 9500 0 14857 0 188932 0 0 0 X 33 In-Kind X In-Kind X 18 1033643 FMV X 18 In-Kind X 58 in-kind X 4025 in-kind X 94 In-Kind 0 1 0 Part I, Line 33: Milwaukee County has legal title to the Milwaukee Public Museum, Inc. (MPM, Inc.) exhibits and artifacts, including all non-cash items added to the permanent collection. All such assets are leased to MPM, Inc. under a long-term lease. The asset value cannot be determined, therefore the revenue and assets are not included on MPM, Inc.'s financial statements and as such no revenue for the items is included on Schedule M. Form 990, Part VI, Section B, line 11 The CFO and Controller will review the prepared returns. The returns will be reviewed by the Audit and Finance Committee prior to submission to the appropriate taxing authorities. In addition, each member of the Board of Directors will receive an electronic copy of the IRS Form 990, Return of Organization Exempt from Income Tax. Form 990, Part VI, Section B, line 12c Annually, the board and members of the museum management are required to complete and sign a report on potentially conflicting interests and the governance committee is required to share the responses with the board each year. A motion is made to accept the report and is voted on. Form 990, Part VI, Section B, line 15 The human resources committee determines the salary levels for officers based on reviews of salary studies from MRA and Midwest Association of Museums. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, board minutes, conflict of interest policy and financial statements available to the public upon request as required by the open records law. The conflict of interest disclosure is read into the minutes annually. Form 990, Part XI, line 9: net change in interest swap liability 43,797. Actuarial Loss on post-retirement benefits -977,157. Employer Contribution - Health 63,963. Form 990, Part XI, Line 2C No changes were made from the prior year. Milwaukee Public Museum Endowment Fund 800 W Wells Street Milwaukee WI 532331478 237055827 Supporting the charitable, scientific and educational purposes of the MPM. WI 501(c)(3) 11, Type 1 Milwaukee Public Museum Inc 1 0 0 1 0 1 0 0 0 0 0 0 1 0 1 1 0 0 0 0 Milwaukee Public Museum Endowment Fund E 671813 FMV Milwaukee Public Museum Endowment Fund C 700000 fMV