2016-05-03T06:31:44-05:00 2015-06-30 341818258 MEADEN & MOORE LTD 1100 SUPERIOR AVENUE SUITE 1100 CLEVELAND OH 441142523 990 2014-07-01 340714338 CLEVELAND MUSEUM OF NATURAL HISTORY CLEV 2162314600 1 WADE OVAL DRIVE CLEVELAND OH 441061767 MS TODD WELKI CFO/COO 2162314600 2016-04-26 1 KAREN B COONEY P00285983 2162413272 2016-04-26 2014 2016-08-17 19:52:53Z DR EVALYN GATES 1 WADE OVAL DRIVE CLEVELAND OH 441061767 30950083 0 X WWW.CMNH.ORG X 1920 OH TO INSPIRE, THROUGH SCIENCE AND EDUCATION, A PASSION FOR NATURE, THE PROTECTION OF NATURAL DIVERSITY, THE FOSTERING OF HEALTH, AND LEADERSHIP TO A SUSTAINABLE FUTURE. 68 67 219 286 -114401 -123202 24233792 19965604 1997720 2051810 2597150 3851093 10273 -58920 28838935 25809587 0 0 0 0 6928036 7447868 0 0 2760415 6419644 8978077 13347680 16425945 15491255 9383642 190256554 204141619 1518634 2473425 188737920 201668194 X TO INSPIRE, THROUGH SCIENCE AND EDUCATION, A PASSION FOR NATURE, THE PROTECTION OF NATURAL DIVERSITY, THE FOSTERING OF HEALTH, AND LEADERSHIP TO A SUSTAINABLE FUTURE. 0 0 5802336 922760 COLLECTIONS AND RESEARCH: MUSEUM CURATORS CARRIED OUT FIELD RESEARCH IN CANADA, COSTA RICA, ETHIOPIA, TANZANIA, VIETNAM, AND MANY LOCAL OHIO SITES IN THE 2015 FISCAL YEAR. SCIENTISTS FROM AROUND THE WORLD VISIT THE MUSEUM TO STUDY ITS COLLECTIONS FOR RESEARCH PURPOSES. THE MUSEUM HOLDS THE LARGEST WELL-DOCUMENTED HUMAN SKELETON COLLECTION IN THE WORLD WHICH IS USED BY SCIENTISTS, MEDICAL DEVICE COMPANIES, AND MANY OTHERS. THE MUSEUM'S CONSERVATION EFFORTS INCLUDE DISCOVERY AND DOCUMENTATION OF RARE PLANT SPECIES AND ACQUISITION OF LAND CONTAINING RARE HABITATS. DURING THE CURRENT YEAR, THE MUSEUM PROTECTED OVER 900 ACRES OF LAND THROUGH CONSERVATION EFFORTS. 2555050 947972 EDUCATION: THE MUSEUM OFFERS UNIQUE LEARNING OPPORTUNITIES INCLUDING HANDS -ON WORKSHOPS, GALLERY, HEALTH, PLANETARIUM, LIVE ANIMAL PROGRAMS AND SELF-CONDUCTED EXHIBITS, OUTREACH AND DISTANCE LEARNING PROGRAMS. THE MUSEUM OFFERED ON-SITE SCHOOL PROGRAMS FOR 40,534 STUDENTS AND DELIVERED OUTREACH PROGRAMS TO 19,035 STUDENTS DURING FISCAL YEAR 2015. IN ADDITION, THE MUSEUM DELIVERED PROGRAMS TO 11,218 STUDENTS FROM OUR DISTANCE LEARNING STUDIOS TO 28 STATES AND 2 COUNTRIES. 2506242 THE MUSEUM PRESENTED A TOTAL OF SIX SPECIAL EXHIBITIONS TO THE PUBLIC DURING THIS PERIOD. TWO MAJOR EXHIBITIONS OPENED, INCLUDING THE INTERNATIONAL TOURING EXHIBITION "MAMMOTHS AND MASTODONS" FROM THE FIELD MUSEUM IN LONDON AND "WORLD'S LARGEST DINOSAURS" FROM THE AMERICAN MUSEUM OF NATURAL HISTORY. THE MUSEUM ALSO OPENED TWO SMALLER TRAVELING EXHIBITIONS: "HUMAN PLUS" FROM THE OREGON MUSEUM OF SCIENCE AND INDUSTRY AND "RARE: PHOTOGRAPHS BY JOEL SARTORE FROM NATIONAL GEOGRAPHIC". CMNH ALSO CO-ORGANIZED AN EXHIBITION OF BIOMEDICAL ART IN COLLABORATION WITH THE CLEVELAND INSTITUTE OF ART. 543431 40157 OTHER PROGRAM ACTIVITIES INCLUDE FISCAL AGENT & SOCIETIES, PUBLIC SERVICES AND MUSEUM STORE SALES 543431 40157 11407059 1 1 0 1 0 0 1 1 0 1 1 1 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 75 0 1 219 1 1 1 0 0 0 0 0 0 0 0 0 X 68 67 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X MS TODD WELKI 2162314600 1 WADE OVAL DRIVE CLEVELAND OH 441061767 WILLIAM J O'NEILL JR STANDING TRUSTEE 1.00 X 0 0 0 MAYNARD H V MURCH STANDING TRUSTEE 1.00 X 0 0 0 EDWIN R MOTCH III STANDING TRUSTEE 1.00 X 0 0 0 WILLIAM M OSBORNE JR STANDING TRUSTEE 1.00 X 0 0 0 CRAIG REED STANDING TRUSTEE 1.00 X 0 0 0 DR BETTY K PINKNEY STANDING TRUSTEE 1.00 X 0 0 0 KENNETH OUTCALT STANDING TRUSTEE 1.00 X 0 0 0 JULIEN L MCCALL STANDING TRUSTEE 1.00 X 0 0 0 ROBERT E MATHEWS II STANDING TRUSTEE 1.00 X 0 0 0 RUSSELL G LINCOLN STANDING TRUSTEE 1.00 X 0 0 0 JUDITH K MCMILLAN STANDING TRUSTEE 1.00 X 0 0 0 THOMAS M MORLEY STANDING TRUSTEE 1.00 X 0 0 0 MARJORIE MOORE STANDING TRUSTEE 1.00 X 0 0 0 DAN T MOORE III STANDING TRUSTEE 1.00 X 0 0 0 DR MICHAEL WEISS STANDING TRUSTEE 1.00 X 0 0 0 RONALD MVRANICH STANDING TRUSTEE 1.00 X 0 0 0 DR J MARY TAYLOR STANDING TRUSTEE 1.00 X 0 0 0 LUCY IRELAND WELLER STANDING TRUSTEE 1.00 X 0 0 0 FREDERICK P FLOYD VICE PRESIDENT 1.00 X X 0 0 0 DICKSON L WHITNEY SR STANDING TRUSTEE 1.00 X 0 0 0 DICKSON L WHITNEY JR STANDING TRUSTEE 1.00 X 0 0 0 JOSEPH M SHAFRAN STANDING TRUSTEE 1.00 X 0 0 0 TIMOTHY P RYAN STANDING TRUSTEE 1.00 X 0 0 0 ALAYNE REITMAN STANDING TRUSTEE 1.00 X 0 0 0 FRANCIS M SHERWIN STANDING TRUSTEE 1.00 X 0 0 0 FREDERICK G STUEBER STANDING TRUSTEE 1.00 X 0 0 0 GREG E STUDEN STANDING TRUSTEE 1.00 X 0 0 0 DAN T MOORE III EX-OFFICIO 1.00 X 0 0 0 A CHACE ANDERSON PRESIDENT 1.00 X X 0 0 0 R DOUGLAS MCCREERY SECRETARY 1.00 X X 0 0 0 DR EVALYN GATES CEO 65.00 X X 279950 0 22831 FRANCES S BUCHHOLZER STANDING TRUSTEE 1.00 X 0 0 0 BARBARA BROWN PHD STANDING TRUSTEE 1.00 X 0 0 0 CYNTHIA K BRABANDER STANDING TRUSTEE 1.00 X 0 0 0 JONATHON L GRIMM TREASURER 1.00 X X 0 0 0 CLAIBORNE R RANKIN VICE PRESIDENT 1.00 X X 0 0 0 THOMAS A TORMEY STANDING TRUSTEE 1.00 X 0 0 0 DAVID S BARRIE STANDING TRUSTEE 1.00 X 0 0 0 JAMES R BRIGHT STANDING TRUSTEE 1.00 X 0 0 0 WILLIAM B BOLTON STANDING TRUSTEE 1.00 X 0 0 0 JAMES R BELL III STANDING TRUSTEE 1.00 X 0 0 0 THEODORE J CASTELE MD STANDING TRUSTEE 1.00 X 0 0 0 GORDON D KINDER STANDING TRUSTEE 1.00 X 0 0 0 DONALD INSUL STANDING TRUSTEE 1.00 X 0 0 0 DR WILLIARD F HARPER HONORARY 1.00 X 0 0 0 GEORGE R KLEIN HONORARY 1.00 X 0 0 0 THOMAS M LEIDEN HONORARY 1.00 X 0 0 0 PETER J KREMBS HONORARY 1.00 X 0 0 0 KRISTIE T KOHL STANDING TRUSTEE 1.00 X 0 0 0 MATTHEW J DOLAN STANDING TRUSTEE 1.00 X 0 0 0 AMOS H CROWLEY III STANDING TRUSTEE 1.00 X 0 0 0 DIANE D CHRIST HONORARY 1.00 X 0 0 0 JAMES L HAMBRICK STANDING TRUSTEE 1.00 X 0 0 0 DR MICHAEL GALLAGHER STANDING TRUSTEE 1.00 X 0 0 0 DR RICHARD B FRATIANNE HONORARY 1.00 X 0 0 0 A TODD WELKI CFO/COO 65.00 X 150150 0 16316 PETER ANAGNOSTOS CHIEF DEVELOPMENT OFFICER 65.00 X 206340 0 20406 THOMAS CONNORS CHIEF MARKETING OFFICER (BEG 9/14) 40.00 X 31446 0 752 667886 0 60305 3 0 1 0 FENTRESS ARCHITECTS 421 BROADWAY DENVER CO 80203 ARCHITECTS 2217277 THINC DESIGN 435 HUDSON ST 8TH FLOOR NEW YORK NY 10014 CONSULTING 2027090 REICH & PETCH 1867 YONGE ST STE 1100 TORONTO CA M4S 1Y5 CONSULTING 1098934 URS CORPORATION 1375 EUCLID AVE STE 600 CLEVELAND OH 44115 ARCHITECTS 744967 OSBORN ENGINEERING 1100 SUPERIOR AVE STE 300 CLEVELAND OH 44114 ENGINEERS 434703 20 628017 900 1183662 18153025 2115796 19965604 PROGRAM SALES 900099 947972 947972 ADMISSIONS 900000 922760 922760 PARKING 812930 181078 181078 2051810 1299854 1299854 178506 292907 -114401 -114401 -114401 7365132 4813893 2551239 2551239 2551239 49020 900 33696 15324 15324 40157 0 40157 40157 25809587 1910889 -114401 4047495 X 648217 152045 496172 5400599 4304977 174848 920774 212379 152440 10720 49219 1186673 885340 56177 245156 48339 48339 50450 50450 70000 49700 5600 14700 1463883 1463883 1358223 1062401 8477 287345 370738 198726 78038 93974 606601 265218 69353 272030 730575 626343 24192 80040 369022 327573 5815 35634 794877 711157 16048 67672 152664 85714 36230 30720 LAND PURCHASES 985408 985408 SUPPLIES & SERVICES 954569 761113 48022 145434 TEMP EXHIBIT EXPENSE 801402 801402 CATERING 221326 189547 10234 21545 16425945 11407059 2258471 2760415 5857 5857 9066200 4740278 12298217 20726131 1005568 1027123 41320940 18130063 11494051 23190877 125651066 127046851 30735595 27404502 190256554 204141619 1375852 2248198 73675 142782 151552 1518634 2473425 X 89439964 89735515 50532792 64054657 48765164 47878022 188737920 201668194 190256554 204141619 9383642 3546632 0 X X 0 1 X 1 0 X 5879183 5397183 9823409 24233792 19965604 65299171 5879183 5397183 9823409 24233792 19965604 65299171 5333405 59965766 831541 1060211 715647 1592448 1478360 5678207 22187 22187 70999565 0.84460 0.84280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 70000 70000 16355945 16425945 971297 242824 0 0 786597 801160 817384 971297 3376438 5064657 133929 104521 58812 70000 367262 196649 200290 204346 242824 844109 1266164 X X X 17 1662.00 0 0 0 1 1 1000.00 19657 1 X X X 0 122878373 121487 6250685 6346543 122904002 109860401 309020 17840310 5131358 122878373 101113397 1804415 12159409 5216820 109860401 105775439 475646 163501 5301189 101113397 92693749 929255 17586838 5434403 105775439 0.62000 0.19000 0.19000 0 0 21790330 12446864 9343466 3941314 3237546 703768 15589296 2445653 13143643 23190877 MONEY MARKET 3943299 F U.S. GOVERMENT SECURITIES 2399999 F CORPORATE BONDS AND NOTES 5512576 F CORPORATE SECURITIES 24264266 F MUTUAL FUNDS 30389292 F HEDGE FUNDS 14249197 F ALTERNATIVE INVESTMENTS 46288222 F 127046851 DEPOSITS 503966 ASSETS HELD IN TRUST BY OTHERS 26900536 27404502 GIFT ANNUITY PAYABLE 151552 151552 X 28218938 3546632 326602 3873234 24345704 1463883 1463883 25809587 15288664 326602 326602 14962062 1463883 1463883 16425945 PART II, LINE 5: CONSERVATION EASEMENTS LAND PURPOSES: THE MUSEUM ROUTINELY PURCHASES LAND FOR CONSERVATION PURPOSES THROUGH ITS NATURAL AREAS PROGRAM. IN KEEPING WITH STANDARD MUSEUM PRACTICE, THESE EXPENDITURES ARE CHARGED AS EXPENSE IN THE STATEMENT OF ACTIVITIES AND ARE CARRIED AT NO VALUE IN THE STATEMENT OF FINANCIAL POSITION OF THE MUSEUM. POLICY: THE NATURAL AREAS PROGRAM BEGAN IN 1956 AND NOW CURRENTLY PROTECTS MORE THAN 5,000 ACRES (APPROXIMATELY 1,600 ACRES ARE UNDER EASEMENT, THE BALANCE IS OWNED OUTRIGHT). THE CENTER FOR CONSERVATION AND BIODIVERSITY UNITES THE MUSEUM'S CONSERVATION AND RELATED ACTIVITIES TO FURTHER THE PROTECTION AND STEWARDSHIP OF THE REGION'S NATIVE BIODIVERSITY. THE CENTER CONDUCTS EXTENSIVE FIELDWORK, IDENTIFIES AND PROTECTS RARE NATURAL COMMUNITIES IN NORTHERN OHIO AND PROVIDES CONSERVATION INFORMATION TO THE COMMUNITY. AS A RESULT OF THE PROGRAMS BEING CONDUCTED RELATED TO THIS WORK, THE TEAM IS PERIODICALLY VISITING ALL OF THE SITES AND MONITORING, INSPECTING AND ENFORCING THE CONSERVATION EASEMENTS HELD BY THE MUSEUM. PART X, LINE 2: UNCERTAIN TAX POSITIONS UNDER FIN 48 THE MUSEUM ADOPTED THE PROVISIONS OF FASB ASC 740-10-25 (FORMERLY FIN 48 "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES") WHICH PRESCRIBES A RECOGNITION THRESHOLD AND A MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FOR THOSE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE- LIKELY-THAN-NOT- TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE AMOUNT RECOGNIZED IS MEASURED AS THE AMOUNT OF BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE MUSEUM RECOGNIZES INTEREST AND PENALTIES ACCRUED, IF ANY, RELATED TO UNRECOGNIZED TAX UNCERTAINTIES IN INCOME TAX EXPENSE. THE MUSEUM DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NET AGAINST INCOME SPECIAL EVENT EXPENSES NET AGAINST INCOME PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NET AGAINST INCOME SPECIAL EVENT EXPENSES NET AGAINST INCOME SCHEDULE D, PART III, LINE 1A NATURAL HISTORY COLLECTIONS IN KEEPING WITH STANDARD MUSEUM PRACTICE, EXPENDITURES FOR LAND AND OTHER COLLECTION ITEMS REQUIRED IN CONNECTION WITH THE MUSEUM'S EXEMPT PURPOSE ARE CHARGED AS EXPENSE IN THE STATEMENTS OF ACTIVITIES AND ARE CARRIED AT NO VALUE ON THE STATEMENTS OF FINANCIAL POSITIONS OF THE MUSEUM. IN ADDITION, DONATIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED AS REVENUE OR EXPENSES IN THE FINANCIAL STATEMENTS. SCHEDULE D, PART III, LINE 4 COLLECTIONS THE MUSEUM'S COLLECTIONS INCLUDE LAND, ARTIFACTS, FOSSILS, ART, TAXIDERMY AND THE LARGEST MODERN HUMAN SKELETAL COLLECTION IN THE WORLD. THESE ASSETS PROVIDE THE BASIS FOR RESEARCH, EXPLORATION, EDUCATION AND EXIBITION PROGRAMS OF THE MUSEUM. SCHEDULE D, PART V, LINE 4 USE OF ENDOWMENT FUNDS THE MUSEUM'S ENDOWMENTS CONSIST OF NUMEROUS FUNDS, ESTABLISHED FOR A VARIETY OF PURPOSES, WHICH HAVE BEEN POOLED TOGETHER FOR INVESTMENT PURPOSES. THE ENDOWMENTS INCLUDE BOTH DONOR-RESTRICTED FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. THROUGH THESE ENDOWMENTS THE MISSION OF THE MUSEUM IS ADVANCED BY SUPPORTING ESTABLISHED EDUCATIONAL PROGRAMS, EXHIBITIONS, STAFF SALARIES AND DEPARTMENTAL EXPENSES AS WELL AS THE GENERAL OPERATIONS OF THE MUSEUM. SCHEDULE D, PART XI, LINE 2A NET UNREALIZED GAINS ON INVESTMENTS UNREALIZED GAINS AND LOSSES PRESENTED ON LINE 2A INCLUDE INCOME AND LOSS FROM ASSETS HELD IN TRUST BY OTHERS, AS WELL AS UNREALIZED GAINS ON INVESTMENTS HELD BY THE MUSEUM. WINTER SOLICE 6995 6995 5166 BANQUET -TROUT CLUB 42925 900 42025 10480 18050 49920 900 49020 10480 23216 33696 15324 X X X X 0 0 0 0 0 0 0 0 0 DR EVALYN GATES CEO 264950 0 15000 0 0 0 13000 0 9831 0 302781 0 0 0 A TODD WELKI CFO/COO 150150 0 0 0 0 0 6185 0 10131 0 166466 0 0 0 PETER ANAGNOSTOS CHIEF DEVELOPMENT OFFICER 197370 0 8970 0 0 0 6189 0 14217 0 226746 0 0 0 PART I, LINE 3 COMPENSATION IS DETERMINED AND APPROVED BY A COMPENSATION COMMITTEE USING COMPETITIVE SALARY INFORMATION FOR THE SAME POSITION AT OTHER ORGANIZATIONS AS WELL AS SALARY SURVEYS. INDEPENDENT COMPARATIVE COMPENSATION INFORMATION IS ALSO OBTAINED FROM THIRD PARTY SOURCES. X 54 2115796 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 FAMILY/BUSINESS RELATIONSHIPS TRUSTEES: BETTY HOLLISTER & JOHN F. HOLLISTER III, PHD ( MOTHER/SON) FREDERICK G. STEUBER & BETSY STEUBER (HUSBAND/WIFE) BARBARA BROWN & MRS. BARBARA WEBSTER [LIFE TRUSTEES] (AUNT /NIECE) DAN MOORE & MARJORIE MOORE (HUSBAND/WIFE) DICKSON WHITNEY, SR & DICKSON WHITNEY, JR. (FATHER/SON) STAFF: HARVEY WEBSTER & JESSICA WEBSTER (SON/GRANDDAUGHTER OF LIFE TRUSTEE, MRS. BARBARA B. WEBSTER) FORM 990, PART VI, SECTION B, LINE 11 PROCESS USED TO REVIEW THE FORM 990 FORM 990 IS REVIEWED BY THE CFO, CONTROLLER AND THE CHAIR OF THE FINANCE COMMITTEE OF THE BOARD PRIOR TO FILING . A COPY OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE WITH CONFLICT OF INTEREST POLICY THE CLEVELAND MUSEUM OF NATURAL HISTORY REQUIRES ITS STAFF, TRUSTEES AND COMMITTEE MEMBERS TO SCRUPULOUSLY AVOID ANY CONFLICT BETWEEN THEIR RESPECTIVE PERSONAL, PROFESSIONAL OR BUSINESS INTERESTS AND INTERESTS OF THE MUSEUM, IN ANY AND ALL ACTIONS TAKEN BY THEM ON BEHALF OF THE MUSEUM IN THEIR RESPECTIVE CAPACITIES. IF ANY OFFICER, DIRECTOR, STAFF MEMBER, OR COMMITTEE MEMBER OF THE MUSEUM HAS ANY DIRECT OR INDIRECT INTEREST IN, OR RELATIONSHIP WITH, ANY INDIVIDUAL OR ORGANIZATION THAT PROPOSES TO ENTER INTO ANY TRANSACTION WITH THE MUSEUM, INCLUDING BUT NOT LIMITED TO THE TRANSACTIONS LISTED BELOW, SUCH PERSON SHALL GIVE NOTICE OF SUCH INTEREST OR RELATIONSHIP AND SHALL THEREAFTER REFRAIN FROM DISCUSSING OR VOTING ON THE PARTICULAR TRANSACTION IN WHICH HE/SHE HAS AN INTEREST, OR OTHERWISE ATTEMPTING TO EXERT ANY INFLUENCE ON THE MUSEUM, OR ITS CONSTITUENTS TO AFFECT A DECISION TO PARTICIPATE OR NOT PARTICIPATE IN SUCH TRANSACTION. 1. THE SALE, PURCHASE, LEASE OR RENTAL OF ANY PROPERTY OR OTHER ASSET 2. EMPLOYMENT OR RENDITION OF SERVICES, PERSONAL OR OTHERWISE 3. THE AWARD OF ANY GRANT, CONTRACT OR SUBCONTRACT 4. THE INVESTMENT OR DEPOSIT OF ANY FUNDS OF THE MUSEUM THIS POLICY SHALL NOT BE INTERPRETED TO CHANGE IN ANY WAY THE FIDUCIARY DUTIES IMPOSED ON A TRUSTEE BY OPERATION OF STATUTE AND/OR COMMON LAW. THIS POLICY IS SIGNED ANNUALLY BY THE APPROPRIATE PARTIES AND REVIEWED BY THE GOVERNANCE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 DETERMINING COMPENSATION OF OTHER OFFICERS OR KEY EMPLOYEES COMPENSATION IS DETERMINED AND APPROVED BY A COMPENSATION COMMITTEE USING COMPETITIVE SALARY INFORMATION FOR THE SAME POSITION AT OTHER ORGANIZATIONS AS WELL AS SALARY SURVEYS. INDEPENDENT COMPARATIVE COMPENSATION INFORMATION IS ALSO OBTAINED FROM THIRD PARTY SOURCES. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS FOR PUBLIC INSPECTION THE ORGANIZATION MAKES ITS CURRENT GOVERNING DOCUMENTS, CURRENT CONFLICT OF INTEREST POLICY, AND CURRENT FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11F INVESTMENT FEES INCLUDE ALL FEES ASSOCIATED WITH MANAGING THE INVESTMENTS OF THE MUSEUM'S $127 MILLION PORTFOLIO. AS INDUSTRY CHANGES HAVE BEEN MADE, ADDITIONAL DISCLOSURE OF FEES ASSOCIATED WITH INVESTING ACTIVITIES HAS MADE THIS INFORMATION MORE TRANSPARENT IN ANNUAL REPORTING. AS A RESULT, THE MUSEUM IS ABLE TO PRESENT A MORE COMPLETE COST OF MANAGING THESE SIGNIFICANT AND IMPORTANT ASSETS. FORM 990, PART IX, LINE 25B, C, D CENTENNIAL CAPITAL CAMPAIGN IN THE FALL OF 2012, THE MUSEUM ANNOUNCED A SIGNIFICANT CAPITAL CAMPAIGN WITH PLANS TO TRANSFORM ITSELF DURING THE NEXT DECADE WITH A $150 MILLION EXPANSION AND RENOVATION. COLLECTIONS AND RESEARCH WILL BE HOUSED IN NEW WINGS DESIGNED TO EMBRACE THEIR UNIQUE NEIGHBORHOOD ON WADE OVAL, WITH A PRESENCE THAT INVITES VISITORS INTO THE BUILDING BY INTEGRATING INDOOR AND OUTDOOR SPACES. THE VISION FOR THE FUTURE OF THE MUSEUM IS TO BUILD UPON THE STRENGTHS AND RESOURCES DEVELOPED IN THE FIRST 100 YEARS OF THEIR HISTORY TO CREATE AN INSTITUTION THAT WILL TRANSFORM SCIENCE EDUCATION, INSPIRE VISITORS OF ALL AGES TO DIVE INTO SCIENCE AND NATURE AND EXPAND THE UNDERSTANDING OF THE NATURAL WORLD AROUND US AND OUR PLACE WITHIN IT. AS A RESULT OF THIS CAMPAIGN, THE MUSEUM EXPANDED THE RESOURCES NECESSARY TO MANAGE AND RUN THIS SUCCESSFUL INITIATIVE AND COSTS DIRECTLY RELATED TO DEVELOPMENT HAVE SIGNIFICANTLY INCREASED THE MUSEUM'S FUNDRAISING EXPENSES. FORM 990 , PART XII, LINE 2C THE MUSEUM'S FINANCE COMMITTEE WHICH INCLUDES MEMBERS OF THE BOARD AS WELL AS THE CFO AND KEY MEMBERS OF THE FINANCIAL OFFICE PROVIDE OVERSIGHT OF THE AUDIT. FORM 990, SCHEDULE B SCHEDULE OF CONTRIBUTORS CONTRIBUTIONS HAVE HISTORICALLY BEEN REPORTED ON SCHEDULE B ON A CASH BASIS AND THE MUSEUM CONTINUES TO REPORT CONTRIBUTIONS ON SCHEDULE B ON THE CASH BASIS AS IT MORE ACCURATELY REFLECTS CONTRIBUTION INCOME CONNECTED TO THE FISCAL YEAR WHEN RECEIVED. THIS PRESENTATION ENABLES CONTRIBUTIONS TO BE MORE EASILY RECONCILED BETWEEN THE ACCRUAL BASIS PLEDGES RECORDED AT NET PRESENT VALUE AND THE PAYMENTS OF PLEDGES WHICH MAY INCLUDE CASH AND NONCASH ASSETS.