2016-02-15T15:47:55-06:00 2015-06-30 KPMG LLP 550 S Hope St Suite 1500 Los Angeles CA 90071 990 2014-07-01 954217197 ARMAND HAMMER MUSEUM OF ART AND CULTURAL Center Inc % DEBORAH SNYDER ARMA 3104437034 10899 Wilshire Blvd Los Angeles CA 900244314 DEBORAH A SNYDER CFO 3104437034 2016-02-12 true CAREY MCKEE P01281067 2139724000 2016-02-10 2014 2016-08-17 19:52:53Z DEBORAH SNYDER 10899 WILSHIRE BLVD LOS ANGELES CA 900244314 22010107 false X http://www.hammer.ucla.edu X 1989 CA Art exhibitions, permanent fine art collection, publications, public academic programs, and artist residencies, as supporting organization to UCLA. 20 17 349 26 11209 -5652 19140205 13370381 490730 158989 4778556 4277373 -99197 46349 24310294 17853092 0 0 0 0 9489422 10432712 0 0 2475170 11046593 12009447 20536015 22442159 3774279 -4589067 136070765 132270281 2175672 2190823 133895093 130079458 X The Hammer Museum at UCLA believes in the promise of art and ideas to illuminate our lives and build a more just world. The Hammer Museum champions the art and artists who challenge us to see the world in a new light, to experience the unexpected, to ignite our imaginations, and inspire change. The Hammer understands that art not only has the power to transport us through aesthetic experience but can also provide significant insight into some of the most pressing cultural, political, and social questions of our time. We share the unique and invaluable perspectives that artists have on the world around us. Through our unwavering commitment to free admission and free public programs, the Hammer is open for all and FREE FOR GOOD. false false 12518723 63989 Exhibitions, Publications & Collections: The Museum presents contemporary and historical art in all media in a rotating exhibition program that presentED 23 exhibitions and publishED 2-6 books DURING THE YEAR. The museum is also the steward of five collections; the Hammer Contemporary Collection, a growing collection of international contemporary art since 1960; THE UCLA Grunwald Center for the Graphic Arts Collection, one of America's finest collections of works on paper, containing more than 45,000 prints, drawings, photographs, and artists' books from the Renaissance to the present; THE Armand Hammer Collection, impressive collection of European and American paintings and drawings reflects the interests and passion of the museum's founder, Armand Hammer; THE Armand Hammer Daumier and Contemporaries Collection, one of the world's most extensive collections of prints, drawings, paintings, and sculpture by nineteenth-century French satirist Honore Daumier; and the UCLA Franklin D. Murphy Sculpture Garden with 70+ outdoor sculptures. OVER THE COURSE OF THE YEAR, THERE WERE OVER 224,000 VISITORS TO THE MUSEUM. 3174444 95000 Public & Academic Programs: The Hammer's 300+ programs each year are designed to spark meaningful encounters with art and ideas. They include lectures, symposia, university outreach, film series, readings, family events, tours, and musical performances. DURING THE YEAR, OVER 132 SCHOOL AND UNIVERSITY GROUPS PARTICIPATED IN VARIOUS MUSEUM PROGRAMS. Hammer Museums program details are available on our website, www.hammer.ucla.edu. 382245 0 Digital & Web Initiatives: The Museum is committed to sharing its programs, collections and exhibitions with the widest possible audience. Public programs are shared in real time and an archive of past programs is available on demand; an overview of the Museum's public engagement work is now an active part of the website; and digital collections and exhibitions platforms are under development. THIRTY-THREE PERCENT OF OUR COLLECTION HAS BEEN DIGITIZED. 16075412 true true false false false false false true false true true true false false true true true false false false false false false false true false false false false true false false false false false false false false true true false false false true false false false true 211 0 true 349 true true true false false false false true true false false false false false X 20 17 false true false false true true true true true false false true true true true true true true true false CA X X DEBORAH SNYDER 3104437034 10899 WILSHIRE BLVD LOS ANGELES CA 900244314 MICHAEL RUBEL PRESIDENT 4.0 0.0 X X 0 0 0 MARCY CARSEY CHAIRMAN 4.0 0.0 X X 0 0 0 NELSON C RISING VICE PRESIDENT 1.5 0.0 X X 0 0 0 STEVEN A OLSEN TREASURER 3.0 40.0 X X 0 316463 56665 HEATHER R AXE DIRECTOR 1.5 0.0 X 0 0 0 RENEE BECNEL DIRECTOR 1.0 0.0 X 0 0 0 GENE D BLOCK DIRECTOR 1.0 40.0 X 0 430966 55399 LLOYD E COTSEN DIRECTOR 0.25 0.0 X 0 0 0 MARTIN COZYN DIRECTOR (THRU 10/9/14) 1.0 0.0 X 0 0 0 ERIC ESRAILIAN DIRECTOR 1.0 0.0 X 0 0 0 FRANK O GEHRY DIRECTOR (THRU 5/18/15) 0.25 0.0 X 0 0 0 ERIKA GLAZER DIRECTOR 1.0 0.0 X 0 0 0 Manuela Herzer DIRECTOR (AS OF 5/19/15) 1.0 0.0 X 0 0 0 LARRY MARX DIRECTOR 3.0 0.0 X 0 0 0 ANTHONY N PRITZKER DIRECTOR 2.0 0.0 X 0 0 0 LEE RAMER DIRECTOR 1.0 0.0 X 0 0 0 KEVIN L RATNER DIRECTOR 1.25 0.0 X 0 0 0 CHIP ROSENBLOOM DIRECTOR 1.0 0.0 X 0 0 0 Steven P Song DIRECTOR (AS OF 2/24/15) 1.0 0.0 X 0 0 0 KEVIN WALL DIRECTOR 1.0 0.0 X 0 0 0 JOHN WALSH DIRECTOR 1.0 0.0 X 0 0 0 CHRISTOPHER A WATERMAN DIRECTOR 2.0 40.0 X 0 283311 53506 JENNI KIM THRU 123114 ASST SEC./DIRECTOR OF ADMIN 40.0 0.0 X 127121 0 25765 MARGOT STOKOL THRU 63015 ASST SEC./DIR. LEGAL AFFAIRS 40.0 0.0 X 72353 0 24140 DEBORAH A SNYDER ASST TREAS/DEPUTY DIR./CFO 40.0 0.0 X 185628 0 45968 ANN PHILBIN MUSEUM DIRECTOR/CEO 40.0 0.0 X 447391 0 46903 CYNTHIA BURLINGHAM DEPUTY DIR/CURATORIAL AFFAIRS 40.0 0.0 X 205639 0 44028 JENNIFER WELLS GREEN DEPUTY DIRECTOR/ADVANCEMENT 40.0 0.0 X 181904 0 54007 CORNELIA BUTLER CHIEF CURATOR 40.0 0.0 X 140573 0 39613 ANNE ELLEGOOD SENIOR CURATOR 40.0 0.0 X 105428 0 22607 PORTLAND MCCORMICK DIR,REGISTRATION & COLLECTION 40.0 0.0 X 102917 0 23229 1568954 1030740 491830 8 false true false ONE LONG HOUSE LLC 1019 SE 76TH AVE PORTLAND OR 97215 WEBSITE DEVELOPMENT 142221 DENTONS US LLP DEPT 894579 LOS ANGELES CA 901894579 LEGAL SERVICES 113606 KPMG LLP DEPT 0922 PO BOX 120922 DALLAS TX 753120922 AUDIT & TAX SERVICES 106714 3 X 358477 2701411 2625911 154700 7529882 114008 13370381 CURATED TRAVEL PROGRAM 561520 95000 95000 EXHIBITION & PUBLICATION FEES 900099 32106 32106 ADMISSION 713990 31883 31883 158989 4285098 4285098 0 6264 6264 200326 104576 95750 0 95750 95750 3195658 3203383 -7725 -7725 -7725 89700 2701411 482373 -392673 -392673 0 608298 366683 241615 11209 230406 CAFE HAMMER 900099 64253 64253 RIGHTS/REPRODUCTION 900099 15000 15000 CATERING COMMISSION 900099 7562 7562 8578 8578 95393 17853092 158989 11209 4312513 0 0 0 0 1119812 299003 671308 149501 0 6815965 5071589 677192 1067184 812051 582826 90057 139168 1239673 934179 117492 188002 445211 321295 52184 71732 221689 161136 28591 31962 451268 451268 146031 146031 0 0 616131 616131 787287 503080 256023 28184 287930 205349 41290 41291 589100 369229 84390 135481 298161 209266 32435 56460 0 928032 553928 189309 184795 378530 311107 41737 25686 0 4959 2180 2551 228 150 75 37 38 0 1352747 1335500 13856 3391 458038 292322 165716 ART ACQUISITIONS 1888543 1888543 EXHIBITION RELATED EXPENSES 1791930 1791930 EDUCATIONAL PROGRAMS EXPENSE 313771 313771 EQUIPMENT RENTAL & MAINTEN. 302201 210071 30007 62123 1192949 719033 183972 289944 22442159 16075412 3891577 2475170 1012403 471009 2271694 1992685 28505092 26731452 37421 27170 0 0 0 0 0 0 170445 170366 13318 177808 18609333 10155717 8422809 8453616 0 0 95631625 94232260 0 0 0 0 5958 13915 136070765 132270281 1140310 1192049 0 0 299000 275000 0 0 0 0 0 0 0 0 0 0 736362 723774 2175672 2190823 X 58414006 57012304 75481087 72733654 0 333500 133895093 130079458 136070765 132270281 -4589067 1696579 -923147 X false true X true false X X 1 THE REGENTS OF THE UNIVERSITY OF CALIFORNIA 956006143 6 true 21089412 0 1 21089412 true true false false false false false false false false false false false false false false false true true true X SUPPORTED ORGANIZATION IRS DETERMINATION OF STATUS SCHEDULE A, PART IV, SECTION A, LINE 2 SUPPORTED ORGANIZATIONS ROLE IN INVESTMENT MANAGEMENT SCHEDULE A, PART IV, SECTION D, LINE 3 SUPPORT OF A GOVERNMENTAL ENTITY SCHEDULE A, PART IV, SECTION E, LINE 1C RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X false 95631625 100000 5897281 6781325 615321 94232260 89893480 8355989 2017221 600623 95631625 84612689 12319856 6473575 565490 89893480 95047166 -6683396 3751082 84612688 88598170 9155996 2707000 95047166 0.52177 0.00354 0.47469 true true true 17656204 9346504 8309700 836990 693074 143916 116139 116139 8453616 INVESTMENT IN UCLA FOUNDATION 94232260 F 94232260 0 DUE TO RELATED PARTIES 723774 723774 X 19890660 1696579 485051 471259 2652889 17237771 615321 615321 17853092 23706297 1408200 471259 1879459 21826838 615321 615321 22442159 DESCRIPTION OF COLLECTIONS SCHEDULE D, PART III, LINE 1A AND 4 THE COLLECTIONS ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PERMIT SUCH TREATMENT IF THE CONTRIBUTED WORKS OF ART ARE HELD FOR PUBLIC EXHIBITION AND EDUCATION RATHER THAN FINANCIAL GAIN, THE COLLECTION IS PROTECTED, KEPT UNENCUMBERED, CARED FOR AND PRESERVED, AND THE CONTRIBUTED ARTWORK IS SUBJECT TO AN ORGANIZATIONAL POLICY THAT REQUIRES THE PROCEEDS FROM SALES OF COLLECTION ITEMS TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. FOR INSURANCE PURPOSES, THE VALUE OF A SIGNIFICANT PORTION OF THE ART COLLECTIONS IS APPRAISED EVERY TWO YEARS. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED, OR AS TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASS. THE MUSEUM'S PERMANENT COLLECTIONS CONSIST OF THE ARMAND HAMMER COLLECTION, PREDOMINANTLY IMPRESSIONIST AND POST-IMPRESSIONIST PAINTINGS; THE ARMAND HAMMER DAUMIER AND CONTEMPORARIES COLLECTION, WHICH CONSISTS OF PAINTINGS, SCULPTURES, AND LITHOGRAPHY BY THE FRENCH 19TH CENTURY ARTIST HONORE DAUMIER AND THE WORK OF HIS CONTEMPORARIES AND THE HAMMER CONTEMPORARY COLLECTION, WHICH CONSISTS OF WORKS ON PAPER. THROUGHOUT THE YEAR, THE MUSEUM DISPLAYS A SUBSTANTIAL PORTION OF THE ARMAND HAMMER COLLECTION, AS WELL AS A ROTATION OF SELECTIONS FROM THE ARMAND HAMMER DAUMIER AND CONTEMPORARIES COLLECTION AND THE HAMMER CONTEMPORARY COLLECTION. THE COLLECTIONS ARE SUBJECT TO A POLICY, WHICH REQUIRES PROCEEDS FROM THEIR SALES TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. THERE WERE NO SIGNIFICANT SALES OF ART RELATED TO THESE COLLECTIONS DURING THE FISCAL YEAR ENDED JUNE 30, 2015. USE OF ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 4 INVESTMENT INCOME FROM THE MUSEUM'S ENDOWMENT IS USED FOR THE ACQUISITION OF WORKS OF ART FOR ITS COLLECTIONS, PRESENTING EXHIBITIONS AND PROGRAMS, AND GENERAL MUSEUM OPERATIONS. FIN 48 FOOTNOTE (ASC 740) SCHEDULE D, part X, LINE 2 THE MUSEUM HAS ADOPTED THE PROVISIONS OF ASC 740, INCOME TAXES, RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE INTERPRETATION REQUIRES THAT THE ENTITY ACCOUNT FOR AND DISCLOSE IN THE FINANCIAL STATEMENTS THE IMPACT OF A TAX POSITION IF THAT POSITION WILL MORE LIKELY THAN NOT BE SUBSTANTIATED UPON EXAMINATION. THE MUSEUM HAS EVALUATED THE FINANCIAL STATEMENT IMPACT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN AND DETERMINED IT HAS NO UNCERTAINTY IN INCOME TAXES THAT WOULD REQUIRE TAX ASSETS OR LIABILITIES TO BE RECORDED IN ACCORDANCE WITH ACCOUNTING GUIDANCE. REVENUE ON AUDITED FINANCIALS, NOT ON FORM 990 SCHEDULE D, PART XI, LINE 2D COST OF GOODS SOLD REPORTED GROSS ON FINANCIALS AND NET ON FORM 990 $ 366,683 RENTAL EXPENSES REPORTED GROSS ON FINANCIALS AND NET ON FORM 990 $ 104,576 ------------- TOTAL $ 471,259 EXPENSES ON AUDITED FINANCIALS, NOT ON FORM 990 SCHEDULE D, PART XII, LINE 2D COST OF GOODS SOLD REPORTED GROSS ON FINANCIALS AND NET ON FORM 990 $ 366,683 RENTAL EXPENSES REPORTED GROSS ON FINANCIALS AND NET ON FORM 990 $ 104,576 ------------- TOTAL $ 471,259 GALA IN GARDEN 2602941 2528841 74100 101489 2348 339133 K.A.M.P. 188170 172570 15600 11000 46 28357 0 2791111 2701411 89700 112489 2394 367490 482373 -392673 X X true true X X X X X false false false false false false false false false STEVEN A OLSEN TREASURER 0 316463 0 0 0 0 0 37364 0 19301 0 373128 0 0 GENE D BLOCK DIRECTOR 0 421307 0 0 0 9659 0 38878 0 16521 0 486365 0 0 CHRISTOPHER A WATERMAN DIRECTOR 0 283311 0 0 0 0 0 36845 0 16661 0 336817 0 0 JENNI KIM THRU 123114 ASST SEC./DIRECTOR OF ADMIN 127121 0 0 0 0 0 18099 0 7666 0 152886 0 0 0 DEBORAH A SNYDER ASST TREAS/DEPUTY DIR./CFO 185628 0 0 0 0 0 27183 0 18785 0 231596 0 0 0 ANN PHILBIN MUSEUM DIRECTOR/CEO 447391 0 0 0 0 0 39328 0 7575 0 494294 0 0 0 CYNTHIA BURLINGHAM DEPUTY DIR/CURATORIAL AFFAIRS 205639 0 0 0 0 0 29947 0 14081 0 249667 0 0 0 JENNIFER WELLS GREEN DEPUTY DIRECTOR/ADVANCEMENT 181904 0 0 0 0 0 27722 0 26285 0 235911 0 0 0 CORNELIA BUTLER CHIEF CURATOR 140573 0 0 0 0 0 20388 0 19225 0 180186 0 0 0 INFORMATION REGARDING COMPENSATION SCHEDULE J, PART I, LINE 1A FIRST-CLASS OR CHARTER TRAVEL WHEN TRAVELING ON MUSEUM BUSINESS, THE MUSEUM'S EXECUTIVE DIRECTOR, ANN PHILBIN, MAY TRAVEL FIRST CLASS DEPENDING ON AVAILABILITY AND DURATION OF FLIGHTS. THIS IS NOT TREATED AS TAXABLE COMPENSATION. TRAVEL FOR COMPANIONS THE MUSEUM'S EXECUTIVE DIRECTOR BROUGHT A GUEST ON A BUSINESS TRIP. SINCE THERE WAS A BONA FIDE BUSINESS PURPOSE FOR THE GUEST BEING PRESENT ON THE TRIP, THE EXPENSE WAS TREATED AS NON-TAXABLE COMPENSATION OF THE EXECUTIVE DIRECTOR. X 120 N/A X 7 74387 AVG MKT DONATED DATE X Event Supplies 12 27336 RETAIL PRICE X Exhibition Supplies 2 11785 RETAIL PRICE X Gift Cards 1 500 CASH VALUE 22 false false false NUMBER OF CONTRIBUTIONS SCHEDULE M, PART I, COLUMN B THE NUMBER OF CONTRIBUTIONS WAS DETERMINED BASED ON THE NUMBER OF ITEMS RECEIVED. INFORMATION ABOUT NONCASH CONTRIBUTION SCHEDULE M, PART I, LINE 33 THE WORKS OF ART CONTRIBUTED TO THE MUSEUM ARE HELD FOR PUBLIC EXHIBITION AND EDUCATION RATHER THAN FINANCIAL GAIN, THE COLLECTION IS PROTECTED, KEPT UNENCUMBERED, CARED FOR, AND PRESERVED, AND THE CONTRIBUTED ARTWORK IS SUBJECT TO AN ORGANIZATIONAL POLICY THAT REQUIRES THE PROCEEDS FROM SALES OF COLLECTION ITEMS TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. EMPLOYEES Form 990, Part V, Line 2a THE REGENTS OF THE UNIVERSITY OF CALIFORNIA, LOS ANGELES ("THE UNIVERSITY") ACTS AS A COMMON PAYMASTER, ISSUING FORMS W-2 ON BEHALF OF THE MUSEUM. THE MUSEUM HAS 127 EMPLOYEES HOWEVER, BECAUSE OF THE COMMON PAYMASTER ARRANGEMENT RESULTING IN THE FORMS W-2 BEING ISSUED UNDER THE UNIVERSITY'S EMPLOYER IDENTIFICATION NUMBER, THERE ARE NO W-2S ISSUED DIRECTLY BY THE MUSEUM. DELEGATION CONTROLS Form 990, Part VI, Section A, Line 3 THE HAMMER MUSEUM HAS DELEGATED EXCLUSIVE OPERATIONAL MANAGEMENT OF THE MUSEUM TO THE UNIVERSITY OF CALIFORNIA PER AN OPERATING AGREEMENT BETWEEN THE MUSEUM AND THE UNIVERSITY THAT WAS ENTERED INTO ON MARCH 31, 1994 FOR A TERM OF NINETY-NINE YEARS. THE OPERATING AGREEMENT PROVIDES FOR SPECIFIC POWERS AND DUTIES RESERVED TO THE MUSEUM'S BOARD OF DIRECTORS AND DELEGATES TO THE UNIVERSITY ALL OTHER POWERS AND DUTIES THAT MAY BE CONFERRED BY LAW. THE OPERATING AGREEMENT GRANTS TO THE UNIVERSITY THE AUTHORITY TO MANAGE THE DAY-TO-DAY OPERATIONS OF THE MUSEUM AS A FIRST CLASS PUBLIC ART MUSEUM AND CULTURAL CENTER IN ACCORDANCE WITH STANDARD MUSEUM PRACTICE. THE OPERATING AGREEMENT ALSO OBLIGATES THE UNIVERSITY TO FUND ANY SHORTFALL NECESSARY FOR THE MANAGEMENT AND OPERATION OF THE MUSEUM UP TO A CERTAIN AMOUNT PER FISCAL YEAR, WHICH IS ADJUSTED FOR COST OF LIVING INCREASES. THE TERMS AND CONDITIONS OF THE OPERATING AGREEMENT ARE SUBJECT TO CERTAIN OTHER AGREEMENTS ENTERED INTO BY THE MUSEUM WITH CERTAIN KEY PARTIES. MEMBERS/STOCKHOLDERS OF ORGANIZATION Form 990, Part VI, Section A, Line 6 THE HAMMER MUSEUM IS A MEMBERSHIP CORPORATION AND HAS TWO CLASSES OF MEMBERS: THE OCCIDENTAL MEMBER, WHICH CONSISTS OF A SINGLE MEMBER, OCCIDENTAL PETROLEUM CORPORATION, AND THE REGENTS MEMBER, WHICH CONSISTS OF A SINGLE MEMBER, THE REGENTS OF THE UNIVERSITY OF CALIFORNIA. ELECTION POWERS Form 990, Part VI, Section A, Line 7a THE HAMMER MUSEUM BOARD OF DIRECTORS CONSISTS OF TWO CLASSES OF DIRECTORS: CLASS A DIRECTORS AND CLASS B DIRECTORS. THE CLASS A DIRECTORS CONSTITUTE THE MUSEUM'S EXECUTIVE COMMITTEE. THE OCCIDENTAL MEMBER AND REGENTS MEMBER EACH HAS THE RIGHT TO ELECT THREE CLASS A DIRECTORS OR AT LEAST ONE THIRD OF THE CLASS A DIRECTORS. THE OCCIDENTAL MEMBER AND REGENTS MEMBER ADDITIONALLY EACH HAS THE RIGHT TO ELECT SIX CLASS B DIRECTORS OR AT LEAST ONE THIRD OF THE CLASS B DIRECTORS. ORGANIZATIONAL GOVERNANCE DECISIONS Form 990, Part VI, Section A, Line 7b THE DUTIES AND POWERS OF THE HAMMER MUSEUM MEMBERS ARE LIMITED TO THE ELECTION AND REMOVAL OF SPECIFIED CLASS A AND CLASS B DIRECTORS AND AMENDING THE CERTIFICATE OF INCORPORATION AND BYLAWS. PROCESS OF REVIEWING THE FORM 990 FORM 990, Part VI, Section B, Line 11A THE HAMMER MUSEUM BOARD OF DIRECTORS HAS DELEGATED THE REVIEW OF THE FORM 990 TO THE AUDIT COMMITTEE. THE MUSEUM'S DEPUTY DIRECTOR, FINANCE AND ADMINISTRATION, AND THE MUSEUM'S DIRECTOR OF FINANCE, WORK CLOSELY TO REVIEW THE RETURN WITH THE OUTSIDE ACCOUNTING FIRM ENGAGED BY THE MUSEUM. THE AUDIT COMMITTEE ALSO MEETS WITH THE ACCOUNTING FIRM TO REVIEW AND DISCUSS THE FORM 990, AND SUBSEQUENT TO ITS REVIEW, REPORTS BACK TO THE BOARD REGARDING ITS OVERSIGHT OF THE FORM 990. MONITORING AND ENFORCING COMPLIANCE WITH CONFLICT OF INTEREST POLICY Form 990, Part VI, Section B, Line 12c THE HAMMER MUSEUM, AS PART OF THE UNIVERSITY, IS SUBJECT TO THE CALIFORNIA POLITICAL REFORM ACT, WHICH REQUIRES THAT CERTAIN STATE AND LOCAL GOVERNMENT OFFICIALS PUBLICLY DISCLOSE THEIR PRIVATE ECONOMIC INTERESTS ON AN OFFICIAL STATEMENT OF ECONOMIC INTERESTS FORM, AND THAT ALL GOVERNMENT (UNIVERSITY) EMPLOYEES DISQUALIFY THEMSELVES FROM PARTICIPATING IN DECISIONS IN WHICH THEY HAVE A PERSONAL FINANCIAL INTEREST. THE UNIVERSITY LISTS THE POSITION TITLES OF THOSE EMPLOYEES OR OFFICIALS (DESIGNATED POSITION) IN AN ORGANIZATION WHO ARE REQUIRED TO PROVIDE PERSONAL FINANCIAL INFORMATION, ASSIGNS DISCLOSURE CATEGORIES TO THESE POSITIONS, AND INDICATES THE TYPES OF ECONOMIC INTEREST WHICH MUST BE REPORTED, SUCH AS INVESTMENTS, INTERESTS IN REAL ESTATE, OR SOURCES OF INCOME OR GIFTS. DESIGNATED EMPLOYEES ARE REQUIRED TO FILE STATEMENTS WHEN THEY ASSUME AND LEAVE A DESIGNATED POSITION, AND ANNUALLY WHILE THEY ARE IN THE DESIGNATED POSITION. HAMMER MUSEUM EMPLOYEES ARE UNIVERSITY OF CALIFORNIA EMPLOYEES, WHO ARE ALL, EITHER DIRECTLY OR BY APPLICATION OF THE UNIVERSITY'S CONFLICT OF INTEREST CODE, SUBJECT TO THOSE PROVISIONS OF THE ACT WHICH PROHIBIT THE MAKING OF OR THE PARTICIPATION IN UNIVERSITY DECISIONS IN WHICH FINANCIAL CONFLICTS OF INTEREST EXIST. AN INDIVIDUAL WHO FINDS HIMSELF OR HERSELF IN A CONFLICT OF INTEREST IS REQUIRED TO REFRAIN FROM MAKING, PARTICIPATING IN THE MAKING OF, OR ATTEMPTING TO INFLUENCE ANY UNIVERSITY DECISION WHICH MAY MATERIALLY AFFECT THE INDIVIDUAL'S FINANCIAL INTERESTS. THE UNIVERSITY REQUIRES THAT ALL EMPLOYEES PERIODICALLY COMPLETE A MANDATORY COMPLIANCE BRIEFING, WHICH IS DESIGNED TO RAISE CONTINUED AWARENESS OF THE UNIVERSITY OF CALIFORNIA STATEMENT OF ETHICAL VALUES AND STANDARDS OF ETHICAL CONDUCT, AND TO CONVEY UNIVERSITY EMPLOYMENT OBLIGATIONS WITH RESPECT TO ETHICAL AND COMPLIANT BEHAVIOR. THE MUSEUM BOARD OF DIRECTORS ADOPTED ITS OWN ETHICAL GUIDELINES, WHICH ADDRESS CONFLICTS OF INTEREST, TO COVER BOARD MEMBERS AND MUSEUM STAFF. ALL COVERED PERSONS, WHICH INCLUDE BOARD MEMBERS, OFFICERS AND ANY KEY EMPLOYEES, ARE EXPECTED TO REASONABLY AND PROFESSIONALLY ASSESS THEIR INDIVIDUAL SITUATIONS FOR ACTUAL, POTENTIAL, OR PERCEIVED CONFLICTS, AND TO EXERCISE GOOD JUDGMENT IN DISCLOSING SUCH CONFLICTS. ALL EMPLOYEES SHOULD DISCLOSE ACTUAL, POTENTIAL AND PERCEIVED CONFLICTS OF INTEREST TO THEIR IMMEDIATE SUPERVISOR AND TO THE EXTENT POSSIBLE, WRITTEN DISCLOSURES AND APPROVALS SHOULD BE SUBMITTED ON A CONFLICT OF INTEREST DISCLOSURE FORM. THE MUSEUM PROVIDES THE ETHICAL GUIDELINES TO, AND REQUESTS A CERTIFICATE OF COMPLIANCE FROM THE BOARD, OFFICERS AND ANY KEY EMPLOYEES, ANNUALLY. BY ADOPTING AND CERTIFYING THEIR COMPLIANCE, BOARD MEMBERS ARE ALSO SEPARATELY BOUND TO DISCLOSE ANY CONFLICTS AS THEY MAY ARISE BY USE OF ANOTHER FORM PROVIDED WITH THE ETHICAL GUIDELINES. THOUGH NOT FORMALLY CHARGED WITH THE RESPONSIBILITY, THE BOARD SECRETARY (OR ASSISTANT SECRETARY) IS RESPONSIBLE FOR COLLECTING, REVIEWING AND RETAINING CERTIFICATES OF COMPLIANCE IN MUSEUM FILES. ANY DISCLOSURES MUST BE MADE TO THE BOARD PRESIDENT, OR IF HE OR SHE IS NOT AVAILABLE, TO THE CHAIRMAN OF THE BOARD. THE BOARD PRESIDENT WOULD DISCLOSE CONFLICTS TO THE CHAIRMAN OF THE BOARD. THEREFORE, THE BOARD PRESIDENT AND CHAIRMAN OF THE BOARD WOULD BE RESPONSIBLE FOR ADDRESSING ANY POTENTIAL CONFLICTS THAT MAY ARISE WITH THE BOARD AS APPROPRIATE. MAY ARISE WITH THE BOARD AS APPROPRIATE. PROCESS OF DETERMINING COMPENSATION PACKAGES FOR OFFICERS Form 990, Part VI, Section B, Line 15a and 15b THE BOARD HAS AUTHORIZED UCLA THROUGH AN OPERATING AGREEMENT TO ACT ON ITS BEHALF IN MAKING COMPENSATION DECISIONS FOR ALL OF ITS EMPLOYEES, INCLUDING OFFICERS. THE MUSEUM, WORKING THROUGH THE BOARD APPOINTED COMPENSATION COMMITTEE THAT IS COMPRISED OF INDEPENDENT PERSONS, HAS A PROCESS FOR REVIEWING AND ENDORSING COMPENSATION PACKAGES FOR OFFICERS. THE COMPENSATION COMMITTEE MET JUNE 11, 2014 AND REVIEWED THE COMPENSATION STRATEGY FOR THE MUSEUM AND THE OFFICERS. OFFICER COMPENSATION WAS PRESENTED IN GREATER DETAIL WITH RELEVANT BENCHMARKING DATA FROM PEER INSTITUTIONS. THE COMPENSATION COMMITTEE REPORTED TO THE BOARD AT THE BOARD'S JUNE 24, 2014 MEETING THAT IT REVIEWED COMPENSATION GOALS AND BENCHMARKING DATA AND VOTED UNANIMOUSLY IN SUPPORT TO ENDORSE THE COMPENSATION RANGES DETERMINED BY UCLA, WHICH INCLUDED TWO OFFICERS, THE MUSEUM DIRECTOR AND ASSISTANT TREASURER/DEPUTY DIRECTOR. DISCLOSURE OF DOCUMENTS FORM 990, PART VI, LINE 19 THE MUSEUM'S AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE FOR PUBLIC INSPECTION ON ITS WEBSITE AND HARD COPY BY REQUEST. ADDITIONALLY, THE MUSEUM FILES ITS FORM 990 WITH THE CALIFORNIA ATTORNEY AND ROUTINELY UPDATES ITS INFORMATION ON THIRD PARTY PLATFORMS SUCH AS GUIDESTAR, CHARITY NAVIGATOR, AND THE NATIONAL CENTER FOR CHARITABLE STATISTICS. the regents of the univ of California 405 Hilgard Ave los angeles CA 90095 956006143 education CA na false false false true false false false false false true false false true false false true true false false