2016-11-14T08:56:34-06:00 2015-12-31 352123203 KSM BUSINESS SERVICES INC PO BOX 40857 INDIANAPOLIS IN 462400857 990 2015-01-01 311139447 EITELJORG MUSEUM OF AMERICAN INDIANS AND WESTERN ART INC EITE 3176369378 500 W WASHINGTON ST INDIANAPOLIS IN 46204 JOHN VANAUSDALL PRESIDENT AND CEO 3176369378 2016-11-07 1 SCOTT A SCHUSTER P00019243 3175802000 2016-11-07 2015 2017-02-10 21:41:12Z JOHN VANAUSDALL 500 W WASHINGTON ST INDIANAPOLIS IN 46204 68166780 0 X WWW.EITELJORG.ORG X 1985 IN TO INSPIRE AN APPRECIATION AND UNDERSTANDING OF THE ART, HISTORY AND CULTURES OF THE AMERICAN WEST AND THE INDIGENOUS PEOPLES OF NORTH AMERICA. THE EITELJORG MUSEUM COLLECTS AND PRESERVES WESTERN ART AND NATIVE AMERICAN ART AND CULTURAL OBJECTS OF THE HIGHEST QUALITY, AND SERVES THE PUBLIC THROUGH ENGAGING EXHIBITIONS, EDUCATIONAL PROGRAMS, CULTURAL EXCHANGES, AND ENTERTAINING SPECIAL EVENTS. 31 31 82 415 2276 1276 5059984 11461036 705155 454203 2689801 1493752 963309 1970154 9418249 15379145 0 125000 0 0 3643527 3860299 0 0 509797 5208006 5447828 8851533 9433127 566716 5946018 67854500 74405820 22073957 25582534 45780543 48823286 X TO INSPIRE AN APPRECIATION AND UNDERSTANDING OF THE ART, HISTORY AND CULTURES OF THE AMERICAN WEST AND THE INDIGENOUS PEOPLES OF NORTH AMERICA. THE EITELJORG MUSEUM COLLECTS AND PRESERVES WESTERN ART AND NATIVE AMERICAN ART AND CULTURAL OBJECTS OF THE HIGHEST QUALITY, AND SERVES THE PUBLIC THROUGH ENGAGING EXHIBITIONS, EDUCATIONAL PROGRAMS, CULTURAL EXCHANGES, AND ENTERTAINING SPECIAL EVENTS. 0 0 6843167 125000 320025 EXHIBITIONS 2015 EXHIBITIONS: GOLD! RICHES AND RUIN (MARCH 2015-AUGUST 2015) THE EXHIBIT EXPLORED THE HISTORICAL AND CULTURAL SIGNIFICANCE OF GOLD IN THE AMERICAN WEST AND FEATURED OBJECTS AND IMAGES THAT TELL THE STORIES OF PEOPLE, THEIR RELATIONSHIPS WITH THE LANDSCAPE, AND THE GOLD THEY SOUGHT AND TOOK FROM IT, AS WELL AS THE IMPACT ON NATIVE CULTURES. THE EXHIBIT EXPLORED THE SIGNIFICANCE OF GOLD TO THE U.S. CULTURE AND ITS ECONOMY, AND THE ROLE IT HAS PLAYED IN FORGING A NATIONAL IDENTITY. IN ADDITION TO THE EXHIBIT THE MUSEUM HAD A FULL SCHEDULE OF GOLD! PROGRAMMING, INCLUDING PANNING FOR GOLD AND STEM PROGRAMMING FOR SCHOOL VISITORS, COMPLEMENTED THE SPECIAL EXHIBITION. THE TENTH ANNUAL QUEST FOR THE WEST ART SHOW AND SALE (SEPTEMBER 2015) FEATURED WORK BY SOME OF THE BEST LIVING WESTERN REALISTS IN THE COUNTRY. QUEST ACTIVITIES INCLUDED LECTURES, ARTIST PANELS, ARTIST DEMONSTRATIONS AND TOP-NOTCH ENTERTAINMENT. A COMPANION EXHIBITION FEATURED A ONE-PERSON EXHIBITION OF A COLLECTOR WHO EMBODIES THE SPIRIT OF QUEST AND WHOSE COLLECTION INCLUDES ARTISTS FEATURED IN PREVIOUS QUESTS. EITELJORG CONTEMPORARY ART FELLOWSHIP (FALL 2015) THIS EXHIBIT HAS EARNED NATIONAL RECOGNITION AND IS THE OLDEST (EST. 2001) PROGRAM OF ITS KIND ACTIVELY SUPPORTING CONTEMPORARY NATIVE AMERICAN ARTISTS AND THEIR PROFESSIONAL DEVELOPMENT. THE EIGHTH BIENNIAL PROGRAM HONORED FIVE NATIVE AMERICAN ARTISTS AND HELPED FURTHER THEIR ARTISTIC CAREERS WITH A SPECIAL EXHIBITION, CATALOG, CASH AWARDS AND PURCHASE OF THEIR ART FOR THE EITELJORG'S PERMANENT COLLECTION. THIS PROGRAM DREW ATTENTION FROM AROUND THE WORLD FOR THE COMMUNITY OF THOSE WHOSE SHARED INTERESTS IT HAS CREATED, INCLUDING SPECIAL CONNECTIONS WITH NATIVE AMERICAN STUDENT GROUPS AT IU, PURDUE AND IUPUI. AN ACCOMPANYING BOOK WAS PUBLISHED AND IS USED AS A TEACHING TOOL IN ART HISTORY COURSES ELSEWHERE IN THE COUNTRY. THE EITELJORG HAS USED SOCIAL MEDIA TO CREATE A SPECIAL PARTY FOR YOUNG, CONTEMPORARY ART LOVERS WHO WERE NOT PREVIOUSLY AWARE OF OR INVOLVED WITH FELLOWSHIP. THIS WILDLY SUCCESSFUL EVENT HAS INCREASED AWARENESS OF THE EITELJORG'S CONTEMPORARY ART COLLECTION AND FELLOWSHIP PROGRAM WITH ATTENDANCE EXCEEDING EXPECTATIONS. THE EITELJORG MUSEUM'S AWARD WINNING EXHIBITION, BLAKE LITTLE: PHOTOGRAPHS FROM THE GAY RODEO COMPLETED ITS RUN AT THE EITELJORG IN 2014 AND IN 2015 THE EXHIBIT TRAVELED AROUND THE COUNTRY. LITTLE WAS RECENTLY PROFILED IN LISA LING'S TV SHOW ON GAY RODEO AND THE DEMAND HAS INCREASED. THE EITELJORG WON THE GAY AND LESBIAN RODEO HERITAGE FOUNDATION'S 2014 PALADIN AWARD FOR "VISIONARY LEADERSHIP IN THE PRESERVATION AND ELEVATION OF GLBTQ HISTORY AND CULTURE IN THE AMERICAN WEST." 72033 4236 PUBLIC PROGRAMSTHE EITELJORG MUSEUM HAS MANY EDUCATIONAL AND PUBLIC PROGRAMS INCLUDING ARTISTS IN RESIDENCE (AIR) WHICH ARE VISUAL AND PERFORMING NATIVE ARTISTS, STORYTELLERS AND TRADITIONAL CULTURE BEARERS FROM ACROSS THE UNITED STATES AND CANADA. THEIR MONTH- AND WEEK-LONG RESIDENCIES ARE SPENT ON-SITE AND IN THE COMMUNITY. THEY TIE IN TO PUBLIC PROGRAMS AND SPECIAL EVENTS INCLUDING INDIAN MARKET & FESTIVAL, WOMEN IN ART MARKET, WINTER MARKET, KAYA DAY, BEAD BONANZA, GARDEN DAY, NAVAJO DAY, MIAMI DAY, DELAWARE DAY, NATIVE AMERICAN DRUM CIRCLE, LAS POSADAS, AND INDIANAPOLIS' CANAL FAMILY FEST. ARTISTS IN RESIDENCE COMBINED WITH OUTREACH, MULTIMEDIA COMPONENTS, TRANSPORTATION AND MUSEUM VISITS COMPOSE THE EITELJORG ARTISTS ENGAGING COMMUNITY (EAEC) PROGRAM, IN WHICH CULTURALLY-DIVERSE NATIVE AMERICAN ARTISTS GO BEYOND THE WALLS OF THE MUSEUM, TAKING THE ARTISTS-IN-RESIDENCE PROGRAMS TO UNDERSERVED AUDIENCES IN CENTRAL INDIANA. THE PROGRAM INCLUDES PARTNERSHIPS BETWEEN THE MUSEUM AND COMMUNITY-BASED ORGANIZATIONS THAT SERVE STRUGGLING NEIGHBORHOODS. PARTNERS INCLUDE INDIANAPOLIS PUBLIC SCHOOLS, OTHER SCHOOLS, COMMUNITY ORGANIZATIONS, COMMUNITY CENTERS AND CLUBS. 288133 215469 FESTIVALS AND EVENTS THE EITELJORG MUSEUM DOES SEVERAL FESTIVALS AND EVENTS. BUCKAROO BASH IS THE EITELJORG MUSEUM'S ANNUAL PREMIER FUNDRAISING EVENT. IT IS AN EVENING OF WESTERN FUN, MUSIC, FOOD, AND LIVE AUCTIONS AND PRIZES WHICH BENEFIT THE MUSEUM'S EDUCATIONAL OUTREACH PROGRAMS, ANNUALLY SERVING MORE THAN 20,000 STUDENTS. INDIAN MARKET & FESTIVAL AUDIENCE FEEDBACK ON INDIAN MARKET AND FESTIVAL OVER THE PAST FEW YEARS HAS LED TO THE CREATION OF MORE OPPORTUNITIES TO CONNECT WITH THE ARTISTS AND THE INCLUSION OF MORE EXAMPLES OF NATIVE AMERICAN CULTURE SUCH AS MUSIC, STORYTELLING, DANCE, ETC. INDIAN MARKET AND FESTIVAL IS THE EITELJORG'S LARGEST PUBLIC EVENT AND FEATURES JURIED ART FOR SALE BY 150+ TOP NATIVE AMERICAN ARTISTS FROM ACROSS THE U.S., PERFORMANCES BY NATIVE AMERICAN STORYTELLERS, MUSICIANS, DANCERS AND CULTURE BEARERS EXPAND ITS APPEAL BEYOND COLLECTORS. WESTFEST WAS A FAMILY-FRIENDLY DAY CELEBRATING ALL THINGS WESTERN THAT RETURNED DUE TO POPULAR DEMAND WITH WESTERN ENTERTAINMENT, ROPING, WELLS FARGO STAGECOACH RIDES, GOLD PANNING, A STICK HORSE RODEO AND MANY OTHER ACTIVITIES. TWO SMALLER MARKETS WHICH ARE: WOMEN IN ART MARKET (MARCH) AND WINTER MARKET (DECEMBER), PRESENT ADDITIONAL OPPORTUNITIES TO MEET ARTISTS FIRST-HAND WHILE SHOPPING AND ENJOYING THE MUSEUM. 7203333 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 72 0 1 82 1 1 1 0 0 0 0 1 1 0 0 0 0 X 31 31 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 IN X JOHN VANAUSDALL 3176369378 500 W WASHINGTON ST INDIANAPOLIS IN 46204 PAT ANKER SECRETARY 0.50 X X 0 0 0 SUE A BACK TREASURER 3.00 X X 0 0 0 FRANK BASILE BOARD MEMBER 0.50 X 0 0 0 MARY BETH BRAITMAN VICE CHAIRMAN 0.50 X X 0 0 0 STEVE CAGLE BOARD MEMBER 0.50 X 0 0 0 PHYLLIS COCKERILL BOARD MEMBER 0.50 X 0 0 0 LG EDWARDS BOARD MEMBER 0.50 X 0 0 0 ROGER EITELJORG BOARD MEMBER 0.50 X 0 0 0 RICHARD FELDMAN BOARD MEMBER 0.50 X 0 0 0 TIM GARNETT BOARD MEMBER 0.50 X 0 0 0 KAREN GLASER BOARD MEMBER 0.50 X 0 0 0 FRED GREEN BOARD MEMBER 0.50 X 0 0 0 POLLY HORTON HIX BOARD MEMBER 0.50 X 0 0 0 TOM HOBACK CHAIRMAN 3.00 X X 0 0 0 CINDY HOYE BOARD MEMBER 0.50 X 0 0 0 SANDY HURT BOARD MEMBER 0.50 X 0 0 0 STAN HURT BOARD MEMBER 0.50 X 0 0 0 CHRIS KATTERJOHN BOARD MEMBER 0.50 X 0 0 0 GERALD PAUL BOARD MEMBER 0.50 X 0 0 0 MEL PERELMAN BOARD MEMBER 0.50 X 0 0 0 BONNIE REILLY BOARD MEMBER 0.50 X 0 0 0 AH HUTCH SCHUMAKER II BOARD MEMBER 0.50 X 0 0 0 JOAN SERVAAS BOARD MEMBER 0.50 X 0 0 0 J ALBERT SMITH JR BOARD MEMBER 0.50 X 0 0 0 JOHN TIMOTHY JR BOARD MEMBER 0.50 X 0 0 0 CATHY TURNER BOARD MEMBER 0.50 X 0 0 0 DON WOODLEY BOARD MEMBER 0.50 X 0 0 0 TIMOTHY T WRIGHT BOARD MEMBER 0.50 X 0 0 0 C DANIEL YATES BOARD MEMBER 0.50 X 0 0 0 ANGIE DARLINGTON BOARD MEMBER 0.50 X 0 0 0 GITA OSBORNE BOARD MEMBER 0.50 X 0 0 0 JOHN VANAUSDALL PRESIDENT & CEO 55.00 X 234346 0 32727 SUSAN LEWIS VP OF ADMINISTRATION & CFO 50.00 X 101512 0 28143 JAMES NOTTAGE VICE PRESIDENT AND CHIEF C 50.00 X 96087 0 26704 SUZANNE MAXWELL VP OF DEVELOPMENT 50.00 X 176971 0 14762 608916 0 102336 3 0 1 0 FA WILHELM CONSTRUCTION COMPANY 3914 PROSPECT STREET INDIANAPOLIS IN 46203 CONTRACTOR 773589 G4S SECURE SOLUTIONS USA INC PO BOX 277469 ATLANTA GA 30384 SECURITY 475446 SIEBOLD SECURITY INC 37 RICHMOND STREET ROCHESTER NY 14607 SECURITY SYSTEM CONTRACTOR 242108 GREGORY & APPEL INSURANCE 1402 N CAPITOL SUITE 400 INDIANAPOLIS IN 46202 INSURANCE BROKER 162152 SYCAMORE ADVISORS 612 E 13TH STREET INDIANAPOLIS IN 46202 FINANCIAL ADVISOR 123051 5 189021 268265 11003750 148437 11461036 ADMISSIONS AND TOURS 900099 454203 454203 454203 1138698 1138698 268562 47561 221001 221001 221001 52405393 52050339 355054 355054 355054 389035 268265 430428 -41393 -41393 492476 259307 233169 233169 ART SALE REVENUE 561000 1420465 1420465 MISCELLANEOUS 561000 134636 134636 INCOME FROM PARTNERSHIP INVESTMEN 900099 2276 2276 1557377 15379145 2242473 2276 1673360 125000 125000 711252 122791 396728 191733 2388207 1724678 465295 198234 546623 382773 126177 37673 214217 134123 53119 26975 47724 47724 31655 31655 131081 131081 33735 28825 4910 65056 15991 49065 77948 8750 52387 16811 570539 542012 28527 1429827 1393063 36764 156144 153514 2630 EXHIBIT EXPENSES 776493 701542 74951 UTILITIES 670170 616803 53367 SECURITY 418349 418349 REPAIRS AND MAINTENANCE 281271 276881 4390 757836 558238 166137 33461 9433127 7203333 1719997 509797 65811 66087 1426413 1419030 697080 542516 6172 23742 310962 238616 130211 136098 46667858 24117245 22466249 22550613 38787059 46482565 3029013 1699852 935530 1246701 67854500 74405820 423578 687534 20600000 23570000 1050379 1325000 22073957 25582534 X 39349965 35719491 5031219 4204436 1399359 8899359 45780543 48823286 67854500 74405820 X 5946018 -2960994 57719 X X 0 1 X 1 0 X 4369202 7314717 4708331 5059984 11461036 32913270 4369202 7314717 4708331 5059984 11461036 32913270 14005650 18907620 1650912 1477744 1478913 1149960 1407260 7164789 5089 17483 2276 24848 191560 95164 219635 297559 1555101 2359019 42461926 7521969 0.44530 0.54900 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2011 AMOUNT: $ 191,560. 2012 AMOUNT: $ 95,164. 2013 AMOUNT: $ 219,635. 2014 AMOUNT: $ 297,559. 2015 AMOUNT: $ 134,636. ART SALE REVENUE - 2015 AMOUNT: $ 1,420,465. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 1 17942081 7651081 -784394 832232 131081 23845455 17863667 156851 768662 796664 50435 17942081 15749187 539865 2364580 745158 44807 17863667 14492001 200100 1810027 714553 38388 15749187 15169308 255000 -160025 735360 36922 14492001 0.62680 0.37320 1 0 44256415 22855797 21400618 554372 16245 538127 1413647 1245203 168444 443424 443424 22550613 TAXABLE BONDS 1325000 1325000 X 13054442 -2960994 63386 703651 -2193957 15248399 131081 -335 130746 15379145 10011699 63386 737296 800682 9211017 131081 91029 222110 9433127 PART III, LINE 1A: THE MUSEUM COLLECTS WORKS OF ART REPRESENTING ALL PERIODS OF THE AMERICAN INDIAN AND WESTERN CULTURES. IT PRESERVES, COLLECTS AND INTERPRETS THIS MATERIAL THROUGH CURATORIAL RESEARCH AND EDUCATIONAL OUTREACH. COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. THE VALUE OF ART OBJECTS ACQUIRED BY GIFT, FOR WHICH THE MUSEUM HAS MADE A REASONABLE ESTIMATE, WAS $14,822,214 IN 2015 AND $1,247,000 IN 2014. STANDARD MUSEUM PROCEDURES ARE USED IN ACCESSIONING, DEACCESSIONING, CATALOGING AND MANAGING ART OBJECTS. THE MUSEUM PROVIDES A CLEAN, SAFE AND STABLE STORAGE ENVIRONMENT FOR ITS PERMANENT COLLECTIONS. PART III, LINE 4: THE EITELJORG MUSEUM CLEARLY FOCUSES UPON ITS MISSION. ALL WORKS OF ART AND OBJECTS IN THE COLLECTION ARE STRICTLY RELEVANT TO THE AMERICAN WEST AND NATIVE PEOPLES OF NORTH AMERICA. ALL COLLECTION ITEMS ARE VIEWED AS A RESOURCE IN THE FULFILLMENT OF THE INSTITUTIONAL MISSION AND FOR THE ENLIGHTENMENT AND ENJOYMENT OF THE PUBLIC SERVED BY THE MUSEUM. PAINTINGS, SCULPTURES, PRINTS, PHOTOGRAPHS, NATIVE AMERICAN ARTIFACTS OF ALL KINDS, ARE ALL UTILIZED OR AVAILABLE FOR USE IN EDUCATIONAL EXHIBITS AT THE MUSEUM AND THROUGH LOAN TO OTHER QUALIFIED MUSEUMS. OBJECTS ARE STUDIED BY STUDENTS FROM GRADE SCHOOL TO GRADUATE SCHOOL AND ARE THEREFORE INCLUDED THROUGH IMAGES AND WRITING IN CLASS PROJECTS, ARTICLES, AND BOOKS. STUDENTS, TEACHERS, RESEARCHERS, PUBLISHERS, AND OTHERS, ALONG WITH THE STAFF, ARE ENCOURAGED TO UTILIZE THE COLLECTION THROUGH SUPERVISED EXAMINATION AND ACCESS TO THE COLLECTION DATABASE AND DIGITAL IMAGES. ABOVE ALL, NATIVE CULTURES, FROM WHICH ARTIFACTS CAME, ARE GIVEN SPECIAL ACCESS FOR CULTURAL, SPIRITUAL, AND EDUCATIONAL REASONS. PART V, LINE 4: THE INTENDED USED OF THE MUSEUM'S ENDOWMENT FUNDS ARE TO SUPPORT OPERATIONS FROM NOW INTO THE FUTURE. THE MUSEUM HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. TO SATISFY ITS LONG-RANGE-RATE-OF-RETURN OBJECTIVES, THE MUSEUM RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION AND CURRENT YIELD. PART X, LINE 2: THE MUSEUM IS EXEMPT FOR FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. IN ADDITION, THE MUSUEM HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. THERE WAS NO UNRELATED BUSINESS INCOME TAX EXPENSE DURING 2015 AND 2014. THE MUSEUM FILES INFORMATION TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF INDIANA. THE MUSEUM IS NO LONGER SUBJECT TO US FEDERAL AND STATE INCOME TAX EXAMINATIONS BY THE TAX AUTHORITIES FOR YEARS BEFORE 2012. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF INVENTORY SOLD 259,307. SPECIAL EVENT EXPENSES 430,428. RENT EXPENSES 47,561. CHANGE IN VALUE OF CHARITABLE TRUSTS -33,645. PART XI, LINE 4B - OTHER ADJUSTMENTS: INCOME FROM PARTNERSHIP INVESTMENT -335. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF INVENTORY SOLD 259,307. SPECIAL EVENT EXPENSES 430,428. RENT EXPENSES 47,561. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST RATE SWAP INCOME 91,029. PART III, LINE 5: IN 2015, THE MUSEUM RECEIVED A SIGNIFICANT ESTATE ART COLLECTION GIFT. SEVERAL ART PIECES RELATED TO THE GIFT WERE SOLD AND THE PROCEEDS OF $1,420,465 ARE BEING HELD IN A FUND TO MAINTAIN THE ACCESSIONED ART FROM THE ESTATE. THE SOLD ART PIECES RELATED TO THE ESTATE WERE NOT CONSISTENT WITH THE MUSEUM'S COLLECTION. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENT 40052 0 0 0 0 0 0 40052 0 40052 1 0 0 0 0 0 QUEST FOR THE WEST 461179 145752 315427 11000 222599 INDIAN MARKET 131803 77413 54390 19625 141751 1 64318 45100 19218 0 35453 657300 268265 389035 30625 399803 430428 -41393 1 FELLOWSHIPS - UNRESTRICTED HONORARIUM TO FACILITATE THE RECIPIENTS' CONTINUED GROWTH AS CREATIVE ARTISTS. 5 125000 CASH PART I, LINE 2: EITELJORG FELLOWSHIP FOR NATIVE AMERICAN FINE ART IS A BIENNIAL PROGRAM, DEVELOPED BY THE MUSEUM IN CONSULTATION WITH ITS BOARD AND ITS NATIVE AMERICAN COUNCIL. THE FELLOWSHIPS ARE AWARDED TO CONTEMPORARY FINE ARTISTS SELECTED BY AN INDEPENDENT JURY, WHOSE ACHIEVEMENTS WARRANT MERITORIUS RECOGNITION. EACH OF THE FELLOWS RECEIVES AN UNRESTRICTED HONORARIUM. X 1 1 X X X 0 1 0 0 0 0 0 0 0 JOHN VANAUSDALL PRESIDENT & CEO 213963 0 20000 0 383 0 17953 0 14774 0 267073 0 0 0 SUZANNE MAXWELL VP OF DEVELOPMENT 172740 0 0 0 4231 0 5238 0 9524 0 191733 0 0 0 PART I, LINE 1A SOCIAL CLUB MEMBERSHIP AND MEALS ARE USED FOR DONOR CULTIVATION. ANY PERSONAL MEALS ARE NOT PAID FOR BY THE MUSEUM. PART I, LINE 4B THERE ARE TWO 457 PLANS FOR PRESIDENT AND CEO JOHN VANAUSDALL A INDIANA FINANCE AUTHORITY 351602316 2015-05-08 23570000 FINANCE RENOVATION/EXPANSION OF FACILITIES/REFUNDING BONDS ISSUED IN 2004 0 0 0 A 20600000 23570000 414181 554372 959350 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 1 0 1 0 0 0 0 A 1 X 235 REVENUE NOT RECOGNIZED X 14 REVENUE NOT RECOGNIZED X 14 111253 MEAN ON TRANSFER DATE X 12 13496 FAIR MARKET VALUE X OTHER 1 13169 FAIR MARKET VALUE X STORAGE FACILITY 1 10519 FAIR MARKET VALUE 1 0 1 0 PART I, LINE 33: THE MUSEUM COLLECTS WORKS OF ART REPRESENTING ALL PERIODS OF THE AMERICAN INDIAN AND WESTERN CULTURES. COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. FORM 990, PART VI, SECTION A, LINE 2 STAN HURT IS THE SPOUSE OF SANDY HURT. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED BY THE CFO, THE CEO AND THE TREASURER PRIOR TO A REVIEW BY THE AUDIT AND FINANCE COMMITTEE. THE PUBLIC DISCLOSURE COPY OF THE 990 IS PROVIDED TO THE BOARD MEMBERS PRIOR TO FILING. BOARD MEMBERS DO NOT GET A COPY WITH THE SCHEDULE B ATTACHED DUE TO CONFIDENTIALITY ISSUES. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS, OFFICERS, AND KEY EMPLOYEES COMPLETE ANNUALLY (OR AS OTHERWISE REQUESTED) A DISCLOSURE STATEMENT REGARDING ANY CONFLICT OF INTEREST DESCRIBED IN THE POLICY. ANY CHANGES ARE REPORTED PROMPTLY TO THE CEO OR BOARD CHAIR. THE CFO SUMMARIZES ANY CONFLICTS OR POTENTIAL CONFLICTS TO THE CEO AND THE BOARD CHAIR. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE ANNUALLY REVIEWS AND APPROVES THE SALARIES FOR THE CEO AND THE CFO. THE EXECUTIVE COMMITTEE REVIEWS CURRENT MARKET DATA FROM: - THE ASSOCIATION OF ART MUSEUM DIRECTORS SALARY SURVEY THAT IS DONE ON A YEARLY BASIS. DATA IS COMPILED FROM THIS REPORT FOR OUR REGION OF THE COUNTRY, OUR OPERATING BUDGET AND THE SIZE OF OUR CITY. - OTHER SURVEYS AVAILABLE SUCH AS THE ASSOCIATION OF MIDWEST MUSEUMS - OTHER SOURCES THE CEO'S SALARY IS DETERMINED BY A CONTRACT THAT IS PREPARED BY LEGAL COUNSEL AFTER NEGOTIATIONS BETWEEN THE PRESIDENT AND A SUB-SET OF BOARD MEMBERS LED BY THE CHAIRMAN. THE CONTRACT IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE. THE FULL BOARD OF DIRECTORS IS INFORMED ABOUT THE CONTRACT. DATA OBTAINED FROM THE FOLLOWING SOURCES IS REVIEWED TO DETERMINE THAT SALARY: - THE ASSOCIATION OF ART MUSEUM DIRECTORS SALARY SURVEY THAT IS DONE ON A YEARLY BASIS. DATA IS COMPILED FROM THIS REPORT FOR OUR REGION OF THE COUNTRY, OUR OPERATING BUDGET AND THE SIZE OF OUR CITY. - OTHER SURVEYS AVAILABLE SUCH AS THE ASSOCIATION OF MIDWEST MUSEUMS - OTHER SOURCES THE CEO'S BONUS UNDER THE CURRENT CONTRACT IS DETERMINED BASED ON PRE-ESTABLISHED INDICATORS. THE BONUS IS REVIEWED BY AND APPROVED BY THE CHAIRMAN OF THE BOARD AND THEN APPROVED BY THE EXECUTIVE COMMITTEE. THE APPROVAL OF THESE SALARIES IS DOCUMENTED IN THE MINUTES OF THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 18 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF CHARITABLE TRUSTS -33,645. CHANGE IN INTEREST RATE SWAP 91,029. INCOME FROM PARTNERSHIP INVESTMENT 335. FORM 990, PART XII, LINE 2C: THERE HAS BEEN NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR.