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        <DepreciationAmt>3800</DepreciationAmt>
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      <EquipmentGrp>
        <OtherCostOrOtherBasisAmt>2320112</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>1925775</DepreciationAmt>
        <BookValueAmt>394337</BookValueAmt>
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      <OtherLandBuildingsGrp>
        <OtherCostOrOtherBasisAmt>61919</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>61919</DepreciationAmt>
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      <TotalBookValueLandBuildingsAmt>64231057</TotalBookValueLandBuildingsAmt>
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        <Desc>ADVANCED DEPOSITS</Desc>
        <Amt>60164</Amt>
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      <TotalLiabilityAmt>60164</TotalLiabilityAmt>
      <TotalRevEtcAuditedFinclStmtAmt>5629531</TotalRevEtcAuditedFinclStmtAmt>
      <NetUnrealizedGainsInvstAmt>-1128</NetUnrealizedGainsInvstAmt>
      <RevenueNotReportedAmt>-1128</RevenueNotReportedAmt>
      <RevenueSubtotalAmt>5630659</RevenueSubtotalAmt>
      <OtherRevenuesNotIncludedAmt>-651881</OtherRevenuesNotIncludedAmt>
      <RevenueNotReportedFinclStmtAmt>-651881</RevenueNotReportedFinclStmtAmt>
      <TotalRevenuePerForm990Amt>4978778</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>8055220</TotExpnsEtcAuditedFinclStmtAmt>
      <OtherExpensesIncludedAmt>651881</OtherExpensesIncludedAmt>
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        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 1, PART III, LINE 1A</FormAndLineReferenceDesc>
        <ExplanationTxt>COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATIONS ARE NOT CAPITALIZED AND SO ARE NOT INCLUDED IN THE STATEMENTS OF FINANCIAL POSITION. 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 STATEMENT OF ACTIVITIES.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 2, PART III, LINE 4</FormAndLineReferenceDesc>
        <ExplanationTxt>THE MUSEUM'S ART COLLECTIONS CONSIST OF DONATED AND PURCHASED ART OBJECTS, PRINCIPALLY DRAWINGS, PRINTS, STUDY ITEMS AND A REFERENCE LIBRARY. THROUGH INTERACTION WITH THE MUSEUM'S ART COLLECTION, INDIVIDUALS OF ALL AGES ENRICH THEIR LIVES.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 2, PART V, LINE 4</FormAndLineReferenceDesc>
        <ExplanationTxt>THE GRAND RAPIDS ART MUSEUM FOUNDATION, A RELATED ORGANIZATION, HOLDS THESE ENDOWMENT FUNDS THAT ARE INTENDED TO BE USED TO PROVIDE FINANCIAL SUPPORT TO THE GRAND RAPIDS ART MUSEUM.</ExplanationTxt>
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        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 4, PART XI, LINE 4B</FormAndLineReferenceDesc>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 4, PART XII, LINE 2D</FormAndLineReferenceDesc>
        <ExplanationTxt>RENTAL EXPENSES 188,260 COST OF GOODS SOLD 322,108 SPECIAL EVENTS EXPENSE 141,513</ExplanationTxt>
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        <FoodAndBeverageEvent1Amt>53430</FoodAndBeverageEvent1Amt>
        <EntertainmentEvent1Amt>10400</EntertainmentEvent1Amt>
        <OtherDirectExpensesEvent1Amt>10065</OtherDirectExpensesEvent1Amt>
        <Event2Nm>LIVE ARTFULLY</Event2Nm>
        <GrossReceiptsEvent2Amt>110470</GrossReceiptsEvent2Amt>
        <CharitableContriEvent2Amt>88650</CharitableContriEvent2Amt>
        <GrossRevenueEvent2Amt>21820</GrossRevenueEvent2Amt>
        <FoodAndBeverageEvent2Amt>15801</FoodAndBeverageEvent2Amt>
        <OtherDirectExpensesEvent2Amt>12080</OtherDirectExpensesEvent2Amt>
        <GrossReceiptsTotalAmt>418520</GrossReceiptsTotalAmt>
        <CharitableContributionsTotAmt>313280</CharitableContributionsTotAmt>
        <GrossRevenueTotalEventsAmt>105240</GrossRevenueTotalEventsAmt>
        <RentFcltyCostsTotalEventsAmt>39737</RentFcltyCostsTotalEventsAmt>
        <FoodAndBeverageTotalEventsAmt>69231</FoodAndBeverageTotalEventsAmt>
        <EntertainmentTotalEventsAmt>10400</EntertainmentTotalEventsAmt>
        <OthDirectExpnssTotalEventsAmt>22145</OthDirectExpnssTotalEventsAmt>
        <DirectExpenseSummaryEventsAmt>141513</DirectExpenseSummaryEventsAmt>
        <NetIncomeSummaryAmt>-36273</NetIncomeSummaryAmt>
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      <CompensationCommitteeInd>X</CompensationCommitteeInd>
      <WrittenEmploymentContractInd>X</WrittenEmploymentContractInd>
      <CompensationSurveyInd>X</CompensationSurveyInd>
      <BoardOrCommitteeApprovalInd>X</BoardOrCommitteeApprovalInd>
      <SeverancePaymentInd>false</SeverancePaymentInd>
      <SupplementalNonqualRtrPlanInd>false</SupplementalNonqualRtrPlanInd>
      <EquityBasedCompArrngmInd>false</EquityBasedCompArrngmInd>
      <CompBasedOnRevenueOfFlngOrgInd>false</CompBasedOnRevenueOfFlngOrgInd>
      <CompBsdOnRevRelatedOrgsInd>false</CompBsdOnRevRelatedOrgsInd>
      <CompBsdNetEarnsFlngOrgInd>false</CompBsdNetEarnsFlngOrgInd>
      <CompBsdNetEarnsRltdOrgsInd>false</CompBsdNetEarnsRltdOrgsInd>
      <AnyNonFixedPaymentsInd>false</AnyNonFixedPaymentsInd>
      <InitialContractExceptionInd>false</InitialContractExceptionInd>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>DANA FRIIS-HANSEN</PersonNm>
        <TitleTxt>DIRECTOR AND CEO</TitleTxt>
        <BaseCompensationFilingOrgAmt>198978</BaseCompensationFilingOrgAmt>
        <NontaxableBenefitsFilingOrgAmt>15694</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>214672</TotalCompensationFilingOrgAmt>
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      <TaxExemptBondsIssuesGrp>
        <BondReferenceCd>A</BondReferenceCd>
        <IssuerName>
          <BusinessNameLine1Txt>MICHIGAN STRATEGIC FUND</BusinessNameLine1Txt>
        </IssuerName>
        <BondIssuerEIN>521417332</BondIssuerEIN>
        <BondIssuedDt>2006-12-07</BondIssuedDt>
        <IssuePriceAmt>10000000</IssuePriceAmt>
        <PurposeDesc>BLDG CONSTRUCTION</PurposeDesc>
        <DefeasedInd>false</DefeasedInd>
        <OnBehalfOfIssuerInd>false</OnBehalfOfIssuerInd>
        <PoolFinancingInd>false</PoolFinancingInd>
      </TaxExemptBondsIssuesGrp>
      <TaxExemptBondsProceedsGrp>
        <BondReferenceCd>A</BondReferenceCd>
        <TotalProceedsAmt>10000000</TotalProceedsAmt>
        <IssuanceCostsFromProceedsAmt>91250</IssuanceCostsFromProceedsAmt>
        <CapitalExpendituresAmt>9908750</CapitalExpendituresAmt>
        <SubstantialCompletionYr>2007</SubstantialCompletionYr>
        <CurrentRefundingInd>false</CurrentRefundingInd>
        <AdvanceRefundingInd>false</AdvanceRefundingInd>
        <FinalAllocationMadeInd>true</FinalAllocationMadeInd>
        <AdequateBooksAndRecMaintInd>true</AdequateBooksAndRecMaintInd>
      </TaxExemptBondsProceedsGrp>
      <TaxExemptBondsPrivateBusUseGrp>
        <BondReferenceCd>A</BondReferenceCd>
        <OwningBondFinancedPropertyInd>false</OwningBondFinancedPropertyInd>
        <AnyLeaseArrangementsInd>false</AnyLeaseArrangementsInd>
        <MgmtContractBondFincdPropInd>false</MgmtContractBondFincdPropInd>
        <AnyResearchAgreementsInd>false</AnyResearchAgreementsInd>
        <BondIssMeetPrvtSecPymtTestInd>false</BondIssMeetPrvtSecPymtTestInd>
        <ChangeInUseBondFinancedPropInd>false</ChangeInUseBondFinancedPropInd>
        <ProcsNonqualifiedBondRemdtdInd>false</ProcsNonqualifiedBondRemdtdInd>
      </TaxExemptBondsPrivateBusUseGrp>
      <TaxExemptBondsArbitrageGrp>
        <BondReferenceCd>A</BondReferenceCd>
        <Form8038TFiledInd>false</Form8038TFiledInd>
        <RebateNotDueYetInd>false</RebateNotDueYetInd>
        <ExceptionToRebateInd>true</ExceptionToRebateInd>
        <NoRebateDueInd>false</NoRebateDueInd>
        <VariableRateIssueInd>true</VariableRateIssueInd>
        <HedgeIdentifiedInBksAndRecInd>false</HedgeIdentifiedInBksAndRecInd>
        <GrossProceedsInvestedInGICInd>false</GrossProceedsInvestedInGICInd>
        <GrossProceedsInvestedInd>false</GrossProceedsInvestedInd>
        <WrittenProcToMonitorReqsInd>true</WrittenProcToMonitorReqsInd>
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      <ProceduresCorrectiveActionGrp>
        <BondReferenceCd>A</BondReferenceCd>
        <ProceduresCorrectiveActionInd>false</ProceduresCorrectiveActionInd>
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    <IRS990ScheduleL documentId="RetDoc8">
      <BusTrInvolveInterestedPrsnGrp>
        <NameOfInterested>
          <PersonNm>SEE PART V</PersonNm>
        </NameOfInterested>
        <SharingOfRevenuesInd>false</SharingOfRevenuesInd>
      </BusTrInvolveInterestedPrsnGrp>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE L, PART V</FormAndLineReferenceDesc>
        <ExplanationTxt>THE MUSEUM DID NOT HAVE ANY BUSINESS TRANSACTIONS WITH AN INTERESTED PERSON THAT MET THE REPORTING THRESHOLDS AND BUSINESS TRANSACTIONS WERE NOT IN SIGNIFICANT AMOUNTS.</ExplanationTxt>
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    <IRS990ScheduleM documentId="RetDoc9">
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        <NonCashCheckboxInd>X</NonCashCheckboxInd>
        <ContributionCnt>10</ContributionCnt>
      </WorksOfArtGrp>
      <AnyPropertyThatMustBeHeldInd>false</AnyPropertyThatMustBeHeldInd>
      <ReviewProcessUnusualNCGiftsInd>true</ReviewProcessUnusualNCGiftsInd>
      <ThirdPartiesUsedInd>false</ThirdPartiesUsedInd>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE M, PAGE 2, PART II</FormAndLineReferenceDesc>
        <ExplanationTxt>THE MUSEUM REPORTED A ZERO AMOUNT ON FORM 990, PART VIII, STATEMENT OF REVENUES, LINE 1G, BECAUSE THE MUSEUM DID NOT CAPITALIZE ITS COLLECTIONS AS ALLOWED UNDER SFAS 116.</ExplanationTxt>
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    <IRS990ScheduleO documentId="RetDoc10">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 2, PART III, LINE 4D</FormAndLineReferenceDesc>
        <ExplanationTxt>OTHER EXPENSES RELATED TO THE CARE AND CONSERVATION OF THE PERMANENT COLLECTION AND THE EXHIBITIONS SHOWN DURING THIS YEAR AND EXPENSES RELATED TO PREPARATION OF EXHIBITIONS SCHEDULED FOR THE FISCAL YEAR. THIS INCLUDES CURATORIAL, CATALOGING AND RESEARCH, AS WELL AS THE PURCHASE OF ART FOR THE PERMANENT COLLECTION.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 6</FormAndLineReferenceDesc>
        <ExplanationTxt>THOSE WHO HAVE PURCHASED A MEMBERSHIP IN THE MUSEUM ARE CONSIDERED MEMBERS OF THE ORGANIZATION.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 7A</FormAndLineReferenceDesc>
        <ExplanationTxt>THE MEMBERS OF THE MUSEUM ELECT THE BOARD OF TRUSTEES FROM A BALLOT PREPARED BY THE BOARD OF THE ORGANIZATION. MEMBERS DO NOT EXERCISE ANY OTHER CONTROL OVER THE BOARD.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>A DIGITAL COPY OF FORM 990 IS PROVIDED TO THE FINANCE COMMITTEE FOR REVIEW AND APPROVAL PRIOR TO FILING.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE POLICY IS DISTRIBUTED TO THE BOARD AS PART OF THEIR TRUSTEE PACKAGES ANNUALLY.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15A</FormAndLineReferenceDesc>
        <ExplanationTxt>THE MUSEUM HAS A "COMPENSATION AND BENEFITS SUB COMMITTEE OF THE EXECUTIVE FINANCE COMMITTEE" THAT REVIEWS PROPOSED COMPENSATION FOR ALL STAFF. THE COMMITTEE UTILIZES INDUSTRY WAGE REPORTS FOR COMPARISON OF COMPENSATION LEVELS AND THE MEETING RESULTS ARE DOCUMENTED.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE MUSEUM HAS A "COMPENSATION AND BENEFITS SUB COMMITTEE OF THE EXECUTIVE FINANCE COMMITTEE" THAT REVIEWS PROPOSED COMPENSATION FOR ALL STAFF. THE COMMITTEE UTILIZES INDUSTRY WAGE REPORTS FOR COMPARISON OF COMPENSATION LEVELS AND THE MEETING RESULTS ARE DOCUMENTED.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE IN THE OFFICE OF THE FINANCE DIRECTOR AND CAN BE PROVIDED UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART IX, LINE 11G</FormAndLineReferenceDesc>
        <ExplanationTxt>OTHER FEES 166,558 697,799 31,549</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XI, LINE 9</FormAndLineReferenceDesc>
        <ExplanationTxt>RENTAL EXPENSES 188,260 COST OF GOODS SOLD 322,108 SPECIAL EVENTS EXPENSE 141,513 RENTAL EXPENSES -188,260 COST OF GOODS SOLD -322,108 SPECIAL EVENTS EXPENSE -141,513</ExplanationTxt>
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        <USAddress>
          <AddressLine1Txt>101 MONROE CENTER</AddressLine1Txt>
          <CityNm>GRAND RAPIDS</CityNm>
          <StateAbbreviationCd>MI</StateAbbreviationCd>
          <ZIPCd>49503</ZIPCd>
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        <PrimaryActivitiesTxt>SUPPORT</PrimaryActivitiesTxt>
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        <ExemptCodeSectionTxt>501C3</ExemptCodeSectionTxt>
        <PublicCharityStatusTxt>11D</PublicCharityStatusTxt>
        <DirectControllingEntityName>
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      <GiftGrntOrCapContriToOthOrgInd>false</GiftGrntOrCapContriToOthOrgInd>
      <GiftGrntCapContriFromOthOrgInd>true</GiftGrntCapContriFromOthOrgInd>
      <LoansOrGuaranteesToOtherOrgInd>false</LoansOrGuaranteesToOtherOrgInd>
      <LoansOrGuaranteesFromOthOrgInd>false</LoansOrGuaranteesFromOthOrgInd>
      <DivRelatedOrganizationInd>false</DivRelatedOrganizationInd>
      <AssetSaleToOtherOrgInd>false</AssetSaleToOtherOrgInd>
      <AssetPurchaseFromOtherOrgInd>false</AssetPurchaseFromOtherOrgInd>
      <AssetExchangeInd>false</AssetExchangeInd>
      <RentalOfFacilitiesToOthOrgInd>false</RentalOfFacilitiesToOthOrgInd>
      <RentalOfFcltsFromOthOrgInd>false</RentalOfFcltsFromOthOrgInd>
      <PerformOfServicesForOthOrgInd>false</PerformOfServicesForOthOrgInd>
      <PerformOfServicesByOtherOrgInd>false</PerformOfServicesByOtherOrgInd>
      <SharingOfFacilitiesInd>false</SharingOfFacilitiesInd>
      <PaidEmployeesSharingInd>true</PaidEmployeesSharingInd>
      <ReimbursementPaidToOtherOrgInd>false</ReimbursementPaidToOtherOrgInd>
      <ReimbursementPaidByOtherOrgInd>true</ReimbursementPaidByOtherOrgInd>
      <TransferToOtherOrgInd>false</TransferToOtherOrgInd>
      <TransferFromOtherOrgInd>false</TransferFromOtherOrgInd>
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          <BusinessNameLine1Txt>GRAND RAPIDS ART MUSEUM FOUNDATION</BusinessNameLine1Txt>
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