2016-05-04T20:33:10-05:00 2015-06-30 421539623 KMH LLP 1003 BISHOP STREET SUITE 2400 HONOLULU HI 96813 990 2014-07-01 990161980 BISHOP MUSEUM BISH 8088484161 1525 BERNICE STREET HONOLULU HI 968172704 PADDY KAUHANE SR VP/CFO/TREASURER 8088484161 2016-05-04 1 DEANNA C AWA P00647777 8085262255 2014 2016-08-17 19:52:53Z BLAIR COLLIS 1525 BERNICE STREET HONOLULU HI 968172704 11624124 0 X WWW.BISHOPMUSEUM.ORG X 1889 HI THE BISHOP MUSEUM IS THE CARETAKER OF EXTENSIVE CULTURAL AND NATURAL HISTORY COLLECTIONS OF HAWAII AND THE PACIFIC. THE MUSEUM'S EXHIBITS, PROGRAMS, AND RESEARCH EDUCATE HAWAII'S RESIDENTS AND NON-RESIDENT VISITORS ABOUT HAWAII'S CULTURAL AND NATURAL HISTORY. 24 17 184 318 66395 25948 8507181 6700231 2130196 2000276 1584172 1047609 546020 267013 12767569 10015129 0 0 0 0 6262466 6246081 0 0 687330 6251333 5994974 12513799 12241055 253770 -2225926 88960991 85157652 12328377 13792984 76632614 71364668 X AS "THE MUSEUM OF HAWAI'I", BERNICE PAUAHI BISHOP MUSEUM'S MISSION IS TO BE A GATHERING PLACE AND EDUCATIONAL CENTER THAT ACTIVELY ENGAGES PEOPLE IN THE PRESENTATION, EXPLORATION AND PRESERVATION OF HAWAI'I'S CULTURAL HERITAGE AND NATURAL HISTORY, AS WELL AS ITS ANCESTRAL CULTURE THROUGHOUT THE PACIFIC. 0 0 2997804 1769027 PUBLIC PROGRAMS - PUBLIC PROGRAMS PROVIDE INFORMAL EDUCATIONAL EXPERIENCES THAT TELL THE STORY OF HAWAII AND THE PACIFIC. THE PROGRAM TAKES FULL ADVANTAGE OF THE COMPREHENSIVE RESOURCES OF THE MUSEUM'S COLLECTIONS AND RESEARCH PRODUCTS, AND PROVIDES VISITORS AND HAWAII RESIDENTS WITH DIVERSE PROGRAMS. INCLUDED IN PUBLIC PROGRAMMING IS THE 8.6871-ACRE AMY B.H. GREENWELL ETHNOBOTANICAL GARDEN (GARDEN) LOCATED ON THE ISLAND OF HAWAII. THE GARDEN SUPPORTS NATIVE HAWAIIAN CULTURAL TRADITIONS OF LAND USE AND PLANTS, AND CONSERVATION OF PLANT RESOURCES VIA TRADITIONAL HAWAIIAN CULTURAL MEANS. FOR THE FISCAL YEAR JUNE 30, 2015, THE MUSEUM HAD APPROXIMATELY 155,923 RESIDENT AND 74,014 NON-RESIDENT VISITORS. 1752491 187626 NATURAL SCIENCES - NATURAL SCIENCES ACTIVITIES INCLUDE PROVIDING UNDERSTANDING OF THE NATURAL ENVIRONMENTS OF HAWAII AND THE PACIFIC, PROVIDING INFORMATION FOR CONSERVING THE BIODIVERSITY OF THOSE ENVIRONMENTS AND, BY CONTRIBUTING TO PUBLIC PROGRAMS, EXPANDING EDUCATIONAL EXPERIENCES IN SCIENCE FOR HAWAII RESIDENTS AND MUSEUM VISITORS. 783083 181305 CULTURAL RESOURCES - ACTIVITIES IN THE CULTURAL RESOURCES PROGRAM INCLUDE FIELD AND COLLECTIONS-BASED RESEARCH UNDERTAKEN IN COLLABORATION WITH INDIGENOUS PEOPLES AND MORE RECENT IMMIGRANTS OF HAWAII. TRADITIONAL KNOWLEDGE SYSTEMS, PHILOSOPHIES OF KNOWLEDGE, AND SCIENCE ARE HISTORICALLY APPLIED. THE PROGRAM ALSO PROVIDES FEE-BASED CONSULTING SERVICES RELATED TO THE CULTURAL SCIENCES. 234154 486201 MERCHANDISING - PRODUCTS IN THE MERCHANDISING PROGRAM INCLUDE HAWAIIAN-MADE AND SCIENCE-RELATED ITEMS SOLD AT THE MUSEUM'S RETAIL SHOPS, MUSEUM PRESS PUBLICATIONS, FACILITY RENTALS, AND ARRANGEMENTS TO LICENSE MUSEUM IMAGES. 234154 486201 5767532 1 1 0 1 0 0 1 1 0 1 1 0 0 1 1 1 0 1 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 1 1 1 0 0 1 X 113 0 1 184 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 24 17 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 HI X X JESSICA CALILAO 8088484161 1525 BERNICE STREET HONOLULU HI 96817 BLAIR D COLLIS PRESIDENT/CEO/DIRECTOR 39.00 1.00 X X 193873 0 35495 JEANNE A ANDERSON DIRECTOR 1.00 X 0 0 0 MICHAEL J CHUN PHD DIRECTOR 1.00 X 0 0 0 HAUNANI S APOLIONA DIRECTOR 1.00 X 0 0 0 ALLISON HOLT GENDREAU CHAIRMAN/DIRECTOR 1.00 X X 0 0 0 HEATHER GIUGNI DIRECTOR 1.00 X 0 0 0 GEORGINA KAWAMURA DIRECTOR 1.00 X 0 0 0 JEN-L LYMAN DIRECTOR 1.00 X 0 0 0 ANTON C KRUCKY DIRECTOR 1.00 X 0 0 0 KAPIOLANI K MARIGNOLI FORMER DIRECTOR 1.00 X 0 0 0 WATTERS O MARTIN JR VICE CHAIR/DIRECTOR 1.00 X X 0 0 0 GARY T NISHIKAWA DIRECTOR 1.00 X 0 0 0 WILLIAM CA PIEPER II DIRECTOR 1.00 X 0 0 0 HARRY A SAUNDERS SECRETARY/DIRECTOR 1.00 X X 0 0 0 SCOTT SEU DIRECTOR 1.00 X 0 0 0 GULAB WATUMULL DIRECTOR 1.00 X 0 0 0 TIMOTHY E JOHNS DIRECTOR 1.00 X 0 0 0 RANDY PERREIRA DIRECTOR 1.00 X 0 0 0 JAMES POLK DIRECTOR 1.00 X 0 0 0 BERNARD UY DIRECTOR 1.00 X 0 0 0 DEE JAY MAILER DIRECTOR 1.00 X 0 0 0 SANNE HIGGINS DIRECTOR 1.00 X 0 0 0 TERRENCE GEORGE DIRECTOR 1.00 X 0 0 0 PETER SHAINDIN DIRECTOR 1.00 X 0 0 0 DAVID STRIPH DIRECTOR 1.00 X 0 0 0 KAHIKINO N DETTWEILER VICE PRESIDENT/ASSISTANT SECRETARY 39.00 1.00 X 97579 0 8088 NICOLE SAKAI ASSISTANT SECRETARY 39.00 1.00 X 43249 0 9762 PADDY KAUHANE SR VP/CFO/TREASURER 39.00 1.00 X 93943 0 7908 CAROL DIEBEL FORMER SR VP OF PUBLIC PROGRAM 39.00 1.00 X 124427 0 8344 COURTNEY CHOW VICE PRESIDENT 39.00 1.00 X 93808 0 137 646879 0 69734 2 0 1 0 DELPHI PRODUCTIONS INC 950 W TOWER AVENUE ALAMEDA CA 94501 POLYNESIAN HALL RENOVATION 206677 GOURMET EVENTS 1917 COLBURN STREET HONOLULU HI 96819 EVENT COORDINATION/PLANNING 179262 KMH LLP 1003 BISHOP ST 2400 HONOLULU HI 96813 ACCOUNTING 156074 TECHNICAL INNOVATIONS 51-349 KAMEHAMEHA HIGHWAY KAAWA HI 96730 ONLINE INTERFACE 130867 CONSTRUCTORS HAWAII INC 1728 KAHAI STREET HONOLULU HI 96819 CONSTRUCTION 125535 6 853819 367093 1357340 4121979 208495 6700231 ADMISSIONS 900004 1724812 1724812 RESEARCH CONTRACTS 900004 275464 275464 2000276 298906 298906 222409 188879 33530 33530 33530 786337 750000 787633 1 -1296 749999 748703 748703 112650 367093 303941 -191291 -191291 717450 328541 388909 322514 66395 COMMISSION/ROYALTY 900004 35590 35590 OTHER INCOME 900099 275 275 35865 10015129 2358655 66395 889848 707738 707738 3845072 2381727 1211944 251401 1281184 953205 229298 98681 412087 225598 160073 26416 6424 6424 177967 177967 461395 304917 129959 26519 103463 103288 175 680159 346071 259060 75028 116131 30225 56894 29012 970923 20676 950247 164088 129913 34175 2083336 957095 949126 177115 266416 8750 257666 EXHIBIT RENTALS 296500 296500 0 0 LICENSES AND FEES 66340 14663 51487 190 MEMBERSHIP DUES 38950 10656 27639 655 FOOD AND BEVERAGES 11215 6146 4993 76 551667 81390 468215 2062 12241055 5767532 5786193 687330 151209 140078 463869 280919 979903 469489 5283791 5393046 12836 419338 395898 242355 242748 77848665 29205404 50092431 48643261 5840139 5496575 25475120 24095638 88960991 85157652 4159170 5469641 497898 507822 7572094 7720262 99215 95259 12328377 13792984 X 44131467 41233245 3720676 2722660 28780471 27408763 76632614 71364668 88960991 85157652 X -2225926 -199326 -2842694 X 0 1 X 1 1 1 X 11670945 11008048 8947653 8507181 6700231 46834058 11670945 11008048 8947653 8507181 6700231 46834058 9363142 37470916 412065 337400 377325 661769 521315 2309874 56951 60699 55171 71770 66395 310986 50525 68600 90450 107850 112650 430075 49884993 13843160 0.75110 0.93400 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: SPECIAL EVENTS REVENUE RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 13822 0 0 13822 0 PART II-B, LINE 1: BISHOP MUSEUM'S PRESIDENT AND GOVERNMENT AFFAIRS STAFF WORK WITH THIRD PARTY LOBBYISTS TO ENGAGE IN DISCUSSIONS WITH STATE LEGISLATORS REGARDING THE MUSEUM'S OPERATING SUBSIDY AND GRANT-IN-AID PROPOSALS SUBMITTED FOR FUNDING CAPITAL PROJECTS AT THE MUSEUM. X X 6 649.00 1 0 0 1 0 30.00 6246 0 X X X X 1 30622758 11308 -1364088 394789 28875189 27389649 3313931 80822 30622758 26209434 1314017 133802 27389649 26953483 -543648 200400 26209434 23803659 3350224 200400 26953483 0.00610 0.94920 0.04470 1 0 407275 3815679 4222954 44175857 10198103 33977754 18136709 10126092 8010617 10209533 8881209 1328324 1103612 1103612 48643261 ASSETS HELD IN CHARITABLE REMAINDER TRUSTS 330482 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 23765156 24095638 LIABILITY UNDER CHARITABLE REMAINDER TRUSTS 95259 95259 X PART II, LINE 9: THE LAND AND BUILDINGS SUBJECT TO CONSERVATION EASEMENTS ARE REPORTED ON THE ORGANIZATION'S BALANCE SHEET AT FAIR MARKET VALUE AT THE TIME OF DONATION. THE ORIGINAL VARYING VALUE OF THE LAND OR BUILDINGS ARE NOT DEPRECIATED. IMPROVEMENTS ARE REPORTED AT COST AND DEPRECIATED ON A STRAIGHT LINE METHOD OVER THE ESTIMATED USEFUL LIFE OF THE IMPROVEMENTS. PART III, LINE 1A: THE MUSEUM HAS EXTENSIVE COLLECTIONS OF ART, RARE BOOKS AND MANUSCRIPTS, CULTURAL ARTIFACTS AND NATURAL HISTORY SPECIMENS. THOSE COLLECTIONS ARE MAINTAINED UNDER CURATORIAL CARE AND HELD FOR RESEARCH, EDUCATION AND PUBLIC EXHIBITION IN FURTHERANCE OF PUBLIC SERVICE. THE MUSEUM DOES NOT CAPITALIZE COLLECTIONS. COLLECTION ITEMS THAT ARE DONATED ARE NOT REFLECTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. COLLECTION ITEMS THAT ARE PURCHASED ARE RECORDED AS CHANGES IN UNRESTRICTED, TEMPORARILY RESTRICTED, OR PERMANENTLY RESTRICTED NET ASSETS BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. ANY PROCEEDS FROM INSURANCE RECOVERIES OR SALES OF COLLECTION ITEMS ARE RECORDED AS AN INCREASE IN THE APPROPRIATE NET ASSET CLASS, AFTER CONSIDERING ANY DONOR-IMPOSED RESTRICTIONS. PART III, LINE 4: BISHOP MUSEUM WAS DESIGNATED AS THE HAWAII STATE MUSEUM OF NATURAL AND CULTURAL HISTORY IN 1988. ITS CULTURAL AND NATURAL COLLECTIONS ENCOMPASS MORE THAN 24 MILLION CATALOGUED OBJECTS. THE CULTURAL COLLECTION WAS ESTABLISHED WITH HAWAIIAN ARTIFACTS AND HEIRLOOMS FROM THE KAMEHAMEHA MONARCHY AND HAS EXPANDED TO INCLUDE ARTIFACTS, DOCUMENTS AND PHOTOGRAPHS ABOUT HAWAII AND OTHER PACIFIC ISLAND CULTURES. THE CULTURAL COLLECTION CURRENTLY INCLUDES OVER 1.3 MILLION ARTIFACTS, 115,000 HISTORICAL PUBLICATIONS AND 1 MILLION HISTORICAL PHOTOGRAPHS, FILMS, WORKS OF ART, AUDIO RECORDINGS AND MANUSCRIPTS. THE NATURAL HISTORY COLLECTION CURRENTLY CONSISTS OF 22.3 MILLION SPECIMENS OF PLANT AND ANIMAL LIFE OF HAWAII AND THE PACIFIC, INCLUDING SPECIMENS THAT ARE NOW EXTINCT. THE COLLECTIONS ARE THE CENTER OF THE ORGANIZATION'S MISSION TO STUDY, PRESERVE AND TELL THE STORIES OF THE NATURAL AND CULTURAL HISTORY OF HAWAII AND THE PACIFIC. RESEARCH BASED ON THE COLLECTIONS PROVIDE THE BASIS FOR EDUCATION AND EXHIBITIONS PROVIDED TO THE PUBLIC. THE COLLECTIONS ARE MAINTAINED UNDER CURATORIAL CARE TO PRESERVE ARTIFACTS FOR THE EDUCATION OF FUTURE GENERATIONS. PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS ARE USED FOR EDUCATION, COLLECTIONS CARE, RESEARCH, AND GENERAL OPERATIONS. PART X, LINE 2: THE MUSEUM IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THE HAWAII REVISED STATUTES. THE MUSEUM IS ALSO EXEMPT FROM HAWAII GENERAL EXCISE TAXES ON INCOME DIRECTLY RELATED TO ITS MISSION. THE MUSEUM RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX EFFECTS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST AMOUNT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. CHANGES IN RECOGNITION OR MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGEMENT OCCURS. ANY INTEREST OR PENALTIES RELATED TO ANY UNRECOGNIZED TAX BENEFIT/LIABILITY ARE CLASSIFIED AS MANAGEMENT AND GENERAL EXPENSES. THE MUSEUM HAS EVALUATED ITS TAX POSITIONS AND DETERMINED THAT THERE WERE NO UNCERTAIN TAX POSITIONS AT JUNE 30, 2015 AND 2014. SCHEDULE D, PART II, LINE 8 THIS QUESTION IS NOT APPLICABLE TO THE EXEMPT ORGANIZATION. AS SUCH, IT HAS BEEN MARKED NO. EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES ARCHAEOLOGICAL AND NATURAL SCIENCE RESEARCH 336029 0 0 0 0 0 0 336029 0 336029 0 0 0 0 0 0 BPB ANNUAL DINNER 475194 362544 112650 17879 8610 4450 271433 AGG EVENT 4549 4549 11 1558 479743 367093 112650 17879 8621 4450 272991 303941 -191291 X 1 1 X X X X 0 0 0 0 0 0 0 0 0 BLAIR D COLLIS PRESIDENT/CEO/DIRECTOR 193873 0 0 0 0 0 0 0 35495 0 229368 0 0 0 PART I, LINE 1A BISHOP MUSEUM PAYS MONTHLY DUES FOR THE PRESIDENT'S MEMBERSHIP IN A LOCAL SOCIAL CLUB. THE PRESIDENT MAINLY ENTERTAINS BUSINESS GUESTS AT THE CLUB. BLAIR COLLIS PRESIDENT/CEO SEE PART V X 20607 0 0 0 0 JLYMAN & DMAILER - VP & DIRECTOR OF FIRST HAWAIIAN BANK DIRECTORS OF EO AND VP & DIRECTOR OF INTERESTED PERSON (FHB) 1246220 EO PAID FIRST HAWAIIAN BANK FOR INTEREST ON LOAN FACILITY AND CORPORATE CREDIT CARD. FHB WAS ALSO A FUNDRAISING EVENT SPONSOR. 0 SSEU & TJOHNS - VP & DIRECTOR OF HAWAIIAN ELECTRIC COMPANY INC (HECO) DIRECTORS OF EO AND VP & DIRECTOR OF INTERESTED PERSON (HECO) 831915 EO PAID HECO, AN ELECTRIC COMPANY, FOR ITS MONTHLY UTILITY INVOICES. 0 MCHUN & TJOHNS - DIR & VP OF HAWAII MEDICAL SERVICE ASSOCIATION (HMSA) DIRECTORS OF EO AND DIRECTOR & VP OF INTERESTED PERSON (HMSA) 703706 EO PAID HMSA FOR HEALTH INSURANCE PREMIUMS FOR ITS EMPLOYEES. 0 JPOLK & MCHUN - VP & DIRECTOR OF BANK OF HAWAII DIRECTORS OF EO AND VP & DIRECTOR OF INTERESTED PERSON (BOH) 412854 EO PAID BANK OF HAWAII FOR PENSION TRUST SERVICES. BOH WAS ALSO A FUNDRAISING EVENT SPONSOR. 0 SCH. L, PART II, LOANS TO AND FROM INTERESTED PERSONS: THE AMOUNT LISTED UNDER COLUMN (E) OF PART II OF SCHEDULE L IS NOT A LOAN TO THE PRESIDENT & CEO, BUT REPRESENTS A RECEIVABLE FROM HIM FOR NONBUSINESS-RELATED CHARGES MADE ON THE MUSEUM'S CREDIT CARD THAT WERE NOT REPAID IN FULL AT THE CLOSE OF THE BANK'S STATEMENT CYCLE. SUCH AMOUNT INCLUDES INTEREST CHARGED BY THE MUSEUM. THE BALANCE WAS REPAID IN FULL AS OF THE END OF THE MUSEUM'S FISCAL YEAR, JUNE 30, 2015. THE REFERENCE TO SUCH AMOUNT BEING A "LOAN" IN ANY SECTION OF FORM 990 WAS MADE ONLY BECAUSE THE TERM "LOAN" IS PRE-PRINTED ON SCHEDULE L OF FORM 990. X 5 167264 FAIR MARKET VALUE X BPBAD SILENT AUCTION CONTRIBUTIONS 120 39161 FAIR MARKET VALUE X AGG EVENT SILENT AUCTION CONTRIBUTIONS 34 2070 FAIR MARKET VALUE 0 0 1 1 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. PART I, LINE 32B: INVESTMENT MANAGER, MORGAN STANLEY, SELLS SECURITIES DONATED TO THE MUSEUM. AUTOS, NON-COLLECTION ART, AND BOOKS ARE SOLD THROUGH VARIOUS AUCTION SERVICES. FORM 990, PART V: QUESTIONS 7G & 7H ARE NOT APPLICABLE TO THE EXEMPT ORGANIZATION. AS SUCH, THEY HAVE BEEN MARKED NO. FORM 990, PART VI, SECTION A, LINE 2 JAMES POLK (BANK OF HAWAII) - BUSINESS RELATIONSHIP MICHAEL CHUN (BANK OF HAWAII FOUNDATION) - BUSINESS RELATIONSHIP MICHAEL CHUN (HAWAII MEDICAL SERVICE ASSOCIATION) - BUSINESS RELATIONSHIP TIMOTHY JOHNS (HAWAII MEDICAL SERVICE ASSOCIATION) - BUSINESS RELATIONSHIP TIMOTHY JOHNS (HAWAIIAN ELECTRIC COMPANY) - BUSINESS RELATIONSHIP SCOTT SEU (HAWAIIAN ELECTRIC COMPANY) - BUSINESS RELATIONSHIP DEE JAY MAILER (FIRST HAWAIIAN BANK) - BUSINESS RELATIONSHIP JEN-L LYMAN (FIRST HAWAIIAN BANK) - BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11 AFTER THE FORM 990 IS FINALIZED BY THE PREPARER BUT BEFORE IT IS FILED, THE CHIEF FINANCIAL OFFICER REVIEWS IT WITH THE PRESIDENT AND CHIEF EXECUTIVE OFFICER. THE 990 IS THEN EMAILED TO THE AUDIT & FINANCE COMMITTEE IN ADVANCE OF THE AFC MEETING WHERE IT WILL BE REVIEWED AND VOTED ON FOR APPROVAL. IT IS THEN EMAILED TO THE EXECUTIVE COMMITTEE AND THE FULL BOARD OF DIRECTORS BY THE CHIEF FINANCIAL OFFICER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C WHEN CONTRACTS ARE EXECUTED, THE GENERAL COUNSEL AND LEGAL ASSISTANT COMPARE THE VENDOR WITH WHOM THE CONTRACT IS BEING MADE TO A LIST OF ORGANIZATIONS AFFILIATED WITH THE EO'S OFFICERS AND DIRECTORS TO ENSURE THAT ANY CONFLICTS OF INTEREST ARE NOTED. ANY CONFLICTS OF INTEREST MUST BE APPROVED BY THE AUDIT & FINANCE COMMITTEE. ALSO, ALL DIRECTORS ARE REQUIRED TO DISCLOSE ANNUALLY ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 WHEN THE CURRENT CEO WAS HIRED, THE POTENTIAL COMPENSATION WAS FIRST DISCUSSED AMONG THE BOARD CHAIR, BOARD VICE CHAIR, CEO, AND THE ORGANIZATION'S TOP FINANCIAL OFFICER. IN A LATER MEETING, THE BOARD OF DIRECTORS EXECUTIVE COMMITTEE WAS PRESENTED WITH COMPARISON DATA OF THE CEO'S POTENTIAL COMPENSATION AND THE PREVIOUS CEO'S COMPENSATION. AT THE SAME MEETING, THE COMMITTEE AUTHORIZED THE BOARD CHAIR TO FINALIZE THE TERMS OF A CONTRACT WITH THE CEO WHICH INCLUDED COMPENSATION. THE FINAL CONTRACT WAS APPROVED BY THE FULL BOARD OF DIRECTORS AT A SUBSEQUENT MEETING. THIS PROCESS WAS RECORDED GENERALLY IN THE MINUTES OF THE MEETINGS. SIMILARLY, WHEN OFFICERS OR KEY EMPLOYEES ARE HIRED, A COMPENSATION RANGE IS DISCUSSED AMONG THE BOARD CHAIR, BOARD VICE CHAIR, CEO, AND THE ORGANIZATION'S TOP FINANCIAL OFFICER. IN A LATER MEETING, THE BOARD OF DIRECTORS EXECUTIVE COMMITTEE IS PRESENTED WITH COMPARISON DATA OF THE OFFICER OR KEY EMPLOYEE'S POTENTIAL COMPENSATION TO OTHER COMPANIES AND NONPROFIT ORGANIZATIONS. AT THE SAME MEETING, THE COMMITTEE AUTHORIZES THE BOARD CHAIR TO FINALIZE THE TERMS OF A CONTRACT WITH THE NEW EMPLOYEE WHICH INCLUDES COMPENSATION WITHIN AN APPROVED RANGE. THIS PROCESS IS RECORDED GENERALLY IN THE MINUTES OF THE MEETINGS. WHEN RAISES ARE GIVEN TO OFFICERS AND KEY EMPLOYEES FOR REASONS OTHER THAN INFLATIONARY INCREASES, THE RAISES ARE REVIEWED FIRST BY THE MANAGEMENT REVIEW COMMITTEE THEN PRESENTED TO THE EXECUTIVE COMMITTEE, ALONG WITH THE DELIVERABLES AND COMPARABLE DATA. IF APPROVED BY THE EXECUTIVE COMMITTEE, THE RAISE IS PRESENTED TO THE BOARD OF DIRECTORS FOR RATIFICATION BY MAJORITY VOTE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE ON THE MUSEUM'S WEBSITE AND UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF TRUST ASSETS -1,391,976. ACCRUED PENSION LIABILITY ADJUSTMENT UNDER SFAS 158 -1,492,699. ADJUSTMENT FOR HAWAII MARITIME CENTER NET ASSETS 41,981. FORM 990, PART I, LINE 6: VOLUNTEERS PROVIDE PROGRAM SERVICES, COLLECTION MANAGEMENT SERVICES, GROUNDSKEEPING, AND ADMINISTRATIVE SUPPORT. THE MUSEUM ALSO UTILIZES VOLUNTEERS IN VARIOUS ROLES TO SUPPORT LARGE EVENTS. FULL-TIME, PART-TIME AND CASUAL VOLUNTEER ACTIVITIES ARE TRACKED BY HOURS. FOR THE PERIOD JULY 1, 2014 - JUNE 30, 2015, THE MUSEUM RECORDED 18,544 VOLUNTEER HOURS. HAWAII MARITIME CENTER 1525 BERNICE STREET HONOLULU HI 96817 990196626 MUSEUM HI 501(C)(3) LINE 7 BISHOP MUSEUM 1 CHARITABLE REMAINDER TRUSTS (2) CHARITABLE HI BISHOP MUSEUM T 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 HAWAII MARITIME CENTER D 4941779 CASH HAWAII MARITIME CENTER O 17693 CASH