2016-03-14T18:53:48-05:00 2015-08-31 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 777 E WISCONSIN AVENUE 32ND FLOOR MILWAUKEE WI 53202 990 2014-09-01 391723105 MILWAUKEE PUBLIC MUSEUM INC MILW 4142786939 800 W WELLS STREET MILWAUKEE WI 53233 DENNIS KOIS PRESIDENT 4142786939 2016-03-14 1 TROY E MARINE CPA P00187863 4147775500 2016-03-14 2014 2016-08-17 19:52:53Z DENNIS KOIS 800 W WELLS STREET MILWAUKEE WI 53233 13190525 0 X WWW.MPM.EDU X 1992 WI THE MILWAUKEE PUBLIC MUSEUM INSPIRES CURIOSITY, EXCITES MINDS AND INCREASES THE DESIRE TO PRESERVE AND PROTECT OUR WORLD'S NATURAL AND CULTURAL DIVERSITY THROUGH EXHIBITIONS, EDUCATIONAL PROGRAMS, COLLECTIONS AND RESEARCH. 33 33 236 324 22832 0 8039301 8896514 3552174 3088197 24622 39229 214848 127041 11830945 12150981 0 0 0 0 7447297 7661243 0 0 1363983 5464246 5269476 12911543 12930719 -1080598 -779738 21057694 20331748 8109932 10722612 12947762 9609136 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 9011925 3101441 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. 9011925 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 72 1 236 1 1 1 0 0 0 0 1 1 0 0 0 0 X 33 33 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 WI X X MICHAEL BERNATZ 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 CHRISTINE RUNDBLAD BOARD MEMBER 1.00 X 0 0 0 DEMOND A MEANS PHD BOARD MEMBER 1.00 X 0 0 0 JAMES LUIGI SCHMITT 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 C MACK BOARD MEMBER 1.00 X 0 0 0 JAY WILLIAMS CHAIRMAN 1.00 X X 106291 0 11560 JOHN MALLOY 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 LYNN CHAPPY BOARD MEMBER 1.00 X 0 0 0 MARY ELLEN PINDYCK BOARD MEMBER 1.00 X 0 0 0 MICHAEL G CARTER VICE 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 PJ DISTEFANO 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 FRONK BOARD MEMBER 1.00 X 0 0 0 SUSAN MARTIN BOARD MEMBER 1.00 X 0 0 0 THAD NATION BOARD MEMBER 1.00 X 0 0 0 TIMOTHY P BYRNE BOARD MEMBER 1.00 X 0 0 0 WILLARD T WALKER BOARD MEMBER 1.00 X 0 0 0 DENNIS KOIS PRESIDENT/CEO 40.00 X 269130 0 7803 ELLEN CENSKY SR. VP OF MUSEUM PROGRAMS 40.00 X 173050 0 16551 KAREN L SPAHN SR. VP OF DEVELOPMENT 40.00 X 185232 0 23105 MARY BRIDGES TERMED 5815 VP OF MARKETING & COMMUNIC 40.00 X 133042 0 22973 MICHAEL BERNATZ SR. VP OF FINANCE/CFO 40.00 X 171420 0 25429 1038165 0 107421 6 0 1 0 DAHLMAN CONSTRUCTION PO BOX 170110 MILWAUKEE WI 53217 MAINTENANCE, GENERAL CONSTRUCTION 294693 MILWAUKEE COUNTY - DOA 633 W WISCONSIN AVE MILWAUKEE WI 53233 PHOTOVOLTAIC PANEL SYSTEM 172000 GRANDVIEW MANAGEMENT 613 N GRANDVIEW BLVD WAUKESHA WI 53188 CATERING, FOOD SERVICE, AND SALES SUPPOR 151726 IDEUM INC 2469 CORRALES RD CORRALES NM 87048 DEVELOP & IMPLEMENT INTERACTIVE EXHIBIT 138515 4 227977 3837458 4831079 8896514 MUSEUM ADMISSIONS 713990 1476601 1476601 MEMBERSHIP REVENUE 713990 961280 961280 THEATER/PLANETARIUM ADMISSIONS 713990 359245 359245 PROGRAM 713990 147273 147273 RESTAURANT 713990 143798 143798 3088197 6277 6277 85429 62597 22832 22832 22832 259633 226681 32952 32952 32952 231991 227977 208075 23916 23916 5800 0 5800 5800 555435 542191 13244 13244 OTHER INCOME 713990 61249 61249 61249 12150981 3101441 22832 130194 1145584 345616 591632 208336 4682635 3854892 333655 494088 295243 295243 1106174 366196 608214 131764 431607 301150 83533 46924 4493 4493 56055 56055 1552 1552 455729 225683 30815 199231 320615 295535 9471 15609 607137 562350 36536 8251 1006757 1006757 45034 25740 18039 1255 129852 3054 126798 1132392 1132392 113457 113457 MAINTENANCE 772119 768116 4003 RESTRUCTING COSTS 198612 198612 MISCELLANEOUS 181875 101281 38909 41685 PRINTING 147145 13696 133449 96652 9467 3794 83391 12930719 9011925 2554811 1363983 1467247 1691130 4236500 3248983 98115 46309 72073 39093 141572 79779 33126219 18163074 14764964 14963145 277223 263309 21057694 20331748 1147424 1259570 1022032 1003482 1627000 967000 4313476 7492560 8109932 10722612 X 6847381 4272171 6100381 5336965 12947762 9609136 21057694 20331748 X -779738 -52271 -2506617 X X 0 1 X 1 0 X 7705744 9733292 15579355 8039301 8896514 49954206 7705744 9733292 15579355 8039301 8896514 49954206 1988997 47965209 10472 7532 7139 7081 6277 38501 11003836 231383 77035 153862 61249 11527365 61520072 20166874 0.77970 0.75760 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 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 6415530 130027 637281 1413 2300 7179125 0.34000 0.60000 0.06000 0 1 1 19680737 9975770 9704967 12041995 8187304 3854691 1403487 1403487 14963145 INTEREST PAYABLE 10071 ACCRUED PENSION AND POSTRETIREMENT BENEFITS 5301263 DUE TO OTHER ENTITIES 671749 INTEREST RATE SWAP LIABILITY 75335 LINE OF CREDIT 1400000 CAPITAL LEASES 34142 7492560 X 10421494 -52271 284623 575536 807888 9613606 1552 2535823 2537375 12150981 13760120 284623 812863 1097486 12662634 1552 266533 268085 12930719 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 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, 2015 AND 2014. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 62,597. COST OF GOODS SOLD 542,191. SPECIAL EVENT EXPENSES 208,075. NET CHANGE IN INTEREST SWAP LIABILITY 57,916. PENSION AND POST-RETIREMENT BENEFIT -295,243. PART XI, LINE 4B - OTHER ADJUSTMENTS: ACTUARIAL LOSS ON POST-RETIREMENT BENEFITS 2,337,211. RESTRUCTING COSTS 198,612. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 62,597. COST OF GOODS SOLD 542,191. SPECIAL EVENT EXPENSES 208,075. PART XII, LINE 4B - OTHER ADJUSTMENTS: EMPLOYER CONTRIBUTION - HEALTH 67,921. RESTRUCTING COSTS 198,612. GALA 287975 138305 149670 7932 63386 2750 61122 FOOD & FROTH 150701 89672 61029 15513 3050 34506 1 19434 19434 798 14199 400 4419 458110 227977 230133 8730 93098 6200 100047 208075 22058 X X X X 1 0 0 0 0 0 0 0 0 DENNIS KOIS PRESIDENT/CEO 269130 0 0 0 0 0 0 0 7803 0 276933 0 0 0 ELLEN CENSKY SR. VP OF MUSEUM PROGRAMS 173050 0 0 0 0 0 9685 0 6866 0 189601 0 0 0 KAREN L SPAHN SR. VP OF DEVELOPMENT 185232 0 0 0 0 0 10575 0 12530 0 208337 0 0 0 MARY BRIDGES TERMED 5815 VP OF MARKETING & COMMUNIC 133042 0 0 0 0 0 7627 0 15346 0 156015 0 0 0 MICHAEL BERNATZ SR. VP OF FINANCE/CFO 171420 0 0 0 0 0 9866 0 15563 0 196849 0 0 0 PART I, LINE 4A MARY BRIDGES RECEIVED SEVERANCE PAY DURING THE YEAR IN THE AMOUNT OF $31,288. X 81 IN-KIND X IN-KIND X 15 90898 FMV X 136 IN-KIND X 190 IN-KIND X 1265 IN-KIND X 85 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 57,916. ACTUARIAL LOSS ON POST-RETIREMENT BENEFITS -2,632,454. EMPLOYER CONTRIBUTION - HEALTH 67,921. 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 671749 FMV MILWAUKEE PUBLIC MUSEUM ENDOWMENT FUND C 700000 FMV