2015-07-08T15:49:23-05:00 2014-08-31 310800053 CLARK SCHAEFER HACKETT & CO ONE EAST FOURTH ST SUITE 1200 CINCINNATI OH 45202 990 2013-09-01 310536653 CINCINNATI MUSEUM ASSOCIATION CINC 5137215204 953 EDEN PARK DRIVE CINCINNATI OH 45202 CAROL EDMONDSON CFO 5137215204 2015-07-02 1 JANE E PFEIFER P00014949 5132413111 2015-07-02 2013 2016-02-25 16:41:14Z CAROL EDMONDSON 953 EDEN PARK DRIVE CINCINNATI OH 45202 93488318 0 X WWW.CINCINNATIARTMUSEUM.ORG X 1881 OH THE CINCINNATI ART MUSEUM FEATURES AN UNPARALLELED ART COLLECTION OF MORE THAN 60,000 WORKS SPANNING 6,000 YEARS. IN ADDITION TO DISPLAYING ITS OWN BROAD COLLECTION, THE ART MUSEUM ALSO HOSTS SEVERAL NATIONAL AND INTERNATIONAL TRAVELING EXHIBITIONS EACH YEAR. 40 39 294 532 260845 67792 17104629 22553689 166657 296612 3909657 3724111 899132 801307 22080075 27375719 0 0 0 0 6329142 6268121 0 0 984495 8021727 7396010 14350869 13664131 7729206 13711588 130222452 154059189 3710320 3726114 126512132 150333075 THE CINCINNATI MUSEUM ASSOCIATION BRINGS PEOPLE AND ART TOGETHER IN WAYS THAT TRANSFORM OUR EVERYDAY LIVES AND OUR COMMUNITY. MAINTAIN AND OPERATE AN ART MUSEUM FOR THE GENERAL PUBLIC INVOLVING PERMANENT EXHIBITS, SPECIAL EXHIBITS, AND ONGOING EDUCATIONAL PROGRAMS. 0 0 10085625 761004 MAINTAIN AND OPERATE AN ART MUSEUM FOR THE GENERAL PUBLIC INVOLVING PERMANENT EXHIBITS, SPECIAL EXHIBITS, AND ONGOING EDUCATIONAL PROGRAMS. VISITORS FOR THE YEAR AMOUNTED TO 177,694. 10085625 1 1 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 33 0 1 294 1 1 1 0 0 0 0 1 1 0 0 0 0 X 40 39 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X X CAROL EDMONDSON 5137215204 953 EDEN PARK DRIVE CINCINNATI OH 45202 TED N BERRY BOARD MEMBER 1.00 X 0 0 0 CALVIN D BUFORD ESQ BOARD MEMBER 1.00 X 0 0 0 KEVIN W CANAFAX BOARD MEMBER 1.00 X 0 0 0 ANDREW EGAN DEWITT BOARD MEMBER 1.00 X 0 0 0 DAVID F DOUGHERTY SECRETARY 1.00 X X 0 0 0 GEORGE C HALE MD BOARD MEMBER 1.00 X 0 0 0 L THOMAS HILTZ ESQ BOARD MEMBER 1.00 X 0 0 0 JEROME C KATHMAN BOARD MEMBER 1.00 X 0 0 0 RONALD A KOETTERS BOARD MEMBER 1.00 X 0 0 0 MARK L MALLORY BOARD MEMBER 1.00 X 0 0 0 ERNEST W MARSHALL JR BOARD MEMBER 1.00 X 0 0 0 JOHN C MERCHANT ESQ BOARD MEMBER 1.00 X 0 0 0 JON R MOELLER TREASURER 1.00 X X 0 0 0 MARTHA MARTY RAGLAND VICE PRESIDENT 1.00 X X 0 0 0 DIANNE M ROSENBERG BOARD MEMBER 1.00 X 0 0 0 LOIS ROSENTHAL BOARD MEMBER 1.00 X 0 0 0 MURRAY SINCLAIRE JR BOARD MEMBER 1.00 X 0 0 0 THOMAS E STEGMAN BOARD MEMBER 1.00 X 0 0 0 JUDITH K STEIN MD BOARD MEMBER 1.00 X 0 0 0 ANDREW STILLPASS BOARD MEMBER 1.00 X 0 0 0 NANCY K SWANSON BOARD MEMBER 1.00 X 0 0 0 DOUGLAS F WORPLE BOARD MEMBER 1.00 X 0 0 0 TODD WURZBACHER BOARD MEMBER 1.00 X 0 0 0 JEFFREY L WYLER BOARD MEMBER 1.00 X 0 0 0 ESTELLA WILLIAMS HASSAN BOARD MEMBER 1.00 X 0 0 0 HELEN K HEEKIN BOARD MEMBER 1.00 X 0 0 0 KEVIN T KABAT BOARD MEMBER 1.00 X 0 0 0 JENNIFER G WILLIAMS BOARD MEMBER 1.00 X 0 0 0 SARAH RAUP JOHNSON BOARD MEMBER 1.00 X 0 0 0 JEAN-PAUL EBANGA BOARD MEMBER 1.00 X 0 0 0 AMY HANSON BOARD MEMBER 1.00 X 0 0 0 JAMES MAY BOARD MEMBER 1.00 X 0 0 0 VALERIE NEWELL BOARD MEMBER 1.00 X 0 0 0 SANTA ONO BOARD MEMBER 1.00 X 0 0 0 CHERYL ROSE BOARD MEMBER 1.00 X 0 0 0 ALICE WESTON BOARD MEMBER 1.00 X 0 0 0 STEWART GOLDMAN BOARD MEMBER 1.00 X 0 0 0 DHANI JONES BOARD MEMBER 1.00 X 0 0 0 SHERIE MAREK BOARD MEMBER 1.00 X 0 0 0 BONNIE CAROTHERS BOARD MEMBER 1.00 X 0 0 0 MARY RONAN BOARD MEMBER 1.00 X 0 0 0 AARON BETSKY DIRECTOR 35.00 X 271161 0 39208 ANITA ELLIS DEPUTY DIRECTOR, COLLECTIO 35.00 X 143829 0 8569 DAVE LINNENBERG CAO 35.00 X 147940 0 11651 CAROL EDMONDSON CFO 35.00 X 86195 0 11849 649125 0 71277 3 0 1 0 SIEMENS INDUSTRY INC C/O CITIBANK BLDG TECH PO BOX 2 CAROL STREAM IL 601322134 PROFESSIONAL SERVICE 212489 DANIS BUILDING CONSTRUCTION COMPANY 3233 NEWMARK DRIVE MIAMISBURG OH 45342 BUILDING CONTRACTOR 212381 PEANUT BUTTER AND JELLY CO 1417 MAIN STREET CINCINNATI OH 45202 ADVERTISING 168783 THE CHEFS' WAREHOUSE MIDWEST LLC QUEENSGATE FOOD SERVICE 26576 NETWO CHICAGO ID 606731265 FOOD SERVICE 122657 RIVERSIDE CONSTRUCTION SERVICES INC 218 W MCMICKEN AVE CINCINNATI OH 45214 BUILDING CONTRACTOR 119647 9 399446 251304 21902939 9391467 22553689 DEACCESSION INCOME 900099 95448 95448 EXHIBITION INCOME 900099 75293 75293 VISITOR PARKING 900099 73151 73151 PROGRAM FEES 900099 47970 47970 CORPORATE SUPPORT 900099 4750 4750 296612 3043247 3043247 191108 94667 96441 96441 96441 66161072 65452797 27411 708275 -27411 680864 680864 59590 251304 79961 -20371 -20371 1180311 457763 722548 466453 256095 OTHER INCOME 900099 2689 2689 2689 27375719 761004 260845 3800181 X 720404 520257 123627 76520 4461666 3222099 765655 473912 78024 54694 12957 10373 625898 411491 171647 42760 382129 277430 65704 38995 10000 10000 454128 279868 139636 34624 284508 273314 8996 2198 193505 155263 29488 8754 691417 551930 133847 5640 14999 14999 1617693 1295314 309122 13257 201074 174011 26019 1044 UNRELATED BUSINESS INCO 18516 18516 PURCHASE OF ART 1380980 1380980 PROJECT EXPENSE 643652 129123 511529 3000 REPAIRS & MAINTENANCE 344523 170605 169517 4401 1541015 1179246 92752 269017 13664131 10085625 2594011 984495 562187 2305914 1919825 5449625 9988264 11754225 2266765 46400 439181 473797 176107 371569 54427943 34370159 19449382 20057784 81007056 97595201 14413685 16004674 130222452 154059189 1336173 1851148 1500000 1067472 874147 807494 3710320 3726114 X 39800312 47682229 45127227 51734757 41584593 50916089 126512132 150333075 130222452 154059189 X 13711588 8522585 1586770 X X 0 1 X 1 0 X 6598497 12630658 12843484 17104629 22553689 71730957 1079498 1243168 1168562 641923 1122761 5255912 7677995 13873826 14012046 17746552 23676450 76986869 1734965 3572503 1536291 1666513 1401409 9911681 0 1734965 3572503 1536291 1666513 1401409 9911681 67075188 -775821 3025849 3428473 3708271 3234355 12621127 -775821 3025849 3428473 3708271 3234355 12621127 74071 63802 159997 67792 365662 35726 20509 71831 -9400 -17682 100984 6937900 16994255 17576152 21605420 26960915 90074642 0.74470 0.70430 0.14010 0.14490 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 0 0 1 13192 13192 0 PART I-A, LINE 1: THE CINCINNATI ART MUSEUM EMPLOYS ONE INDIVIDUAL WHO SPENDS APPROXIMATELY 2% OF HIS TIME LOBBYING ON BEHALF OF THE ORGANIZATION. IN ADDITION, THE CINCINNATI ART MUSEUM CONTRACTS WITH GOVERNMENT STRATEGIES GROUPS TO PROVIDE DIRECT LOCAL AND STATE LOBBYING EFFORTS ON THE CINCINNATI MUSEUM ASSOCIATION'S BEHALF IN ORDER TO OBTAIN FUNDING. PART II-B, LINE 1: THE CINCINNATI ART MUSEUM EMPLOYS ONE INDIVIDUAL WHO SPENDS APPROXIMATELY 2% OF HIS TIME LOBBYING ON BEHALF OF THE ORGANIZATION. IN ADDITION, THE CINCINNATI ART MUSEUM CONTRACTS WITH GOVERNMENT STRATEGIES GROUPS TO PROVIDE DIRECT LOCAL AND STATE LOBBYING EFFORTS ON THE CINCINNATI MUSEUM ASSOCIATION'S BEHALF IN ORDER TO OBTAIN FUNDING. X X X 0 91710297 10277118 12533287 4767182 109753520 62278492 24556574 7697130 2821899 91710297 57308989 916528 6773445 2720470 62278492 52470226 1269672 6414714 2845623 57308989 54500977 242329 3353941 5627021 52470226 0.19840 0.40240 0.39920 1 0 50904620 32159269 18745351 3523323 2210890 1312433 20057784 BENEFICIAL INTEREST IN TRUSTS 15725145 CASH SURRENDER VALUE OF LIFE INSURANCE 223451 INTEREST AND DIVIDEND RECEIVABLE 56078 16004674 CHARITABLE REMAINDER TRUSTS AND CHARITABLE GIFT ANNUITIES 807494 807494 X 38037504 8522585 1586770 10109355 27928149 -552430 -552430 27375719 14216561 552430 552430 13664131 0 13664131 PART III, LINE 1A: THE COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE ASSOCIATION'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN TEMPORARILY RESTRICTED NET ASSETS. PART III, LINE 4: THE COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE CINCINNATI ART MUSEUM'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN TEMPORARILY RESTRICTED NET ASSETS. PART V, LINE 4: THE ENDOWMENT'S INTENDED USE IS FOR THE PURCHASE OF ART AND GENERAL OPERATING PURPOSES SUCH AS FREE ADMISSION, EDUCATION PROGRAMS, AND EXPENDITURES TO CARE AND PRESERVE THE ART COLLECTIONS. PART X, LINE 2: THE ASSOCIATION EVALUATES THE INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS FILED BY THE ASSOCIATION TO DETERMINE WHETHER A LIABILITY FOR UNCERTAIN TAX POSITIONS EXIST AND WHETHER A LIABILITY FOR SUCH UNCERTAIN POSITIONS SHOULD BE RECOGNIZED. THE ASSOCIATION IS EXEMPT FROM INCOME TAXES AND MANAGEMENT BELIEVES THE ASSOCIATION HAS NOT ENGAGED IN ANY ACTIVITIES THAT WOULD DISQUALIFY THEM FROM TAX-EXEMPT STATUS. REVENUES DERIVED FROM CERTAIN CATERING SERVICES PROVIDED BY THE ASSOCIATION, CERTAIN MUSEUM SHOP SALES AND ADVERTISING INCOME THAT ARE NOT SUBSTANTIALLY RELATED TO FURTHERING THE ASSOCIATION'S MISSION AND ARE THEREFORE CONSIDERED UNRELATED BUSINESS INCOME. TAXES ON UNRELATED BUSINESS INCOME ARE PAID IN ACCORDANCE WITH THE INTERNAL REVENUE CODE. NO ACCRUAL HAS BEEN PROVIDED BECAUSE THE AMOUNT OF TAX DUE IS IMMATERIAL. THE ASSOCIATION'S TAX FILINGS ARE SUBJECT TO AUDIT BY TAXING AUTHORITIES. THE ASSOCIATION'S OPEN AUDIT PERIODS ARE FOR THE FISCAL YEARS ENDED AUGUST 31, 2011, 2012, AND 2013. THE ASSOCIATION'S POLICY WITH REGARDS TO INTEREST AND PENALTIES IS TO RECOGNIZE INTEREST THROUGH INTEREST EXPENSE AND PENALTIES THROUGH OTHER EXPENSE. IN EVALUATING THE ASSOCIATION'S TAX PROVISION AND TAX EXEMPT STATUS, INTERPRETATIONS AND TAX PLANNING STRATEGIES WERE CONSIDERED. THE ASSOCIATION BELIEVES THEIR ESTIMATES ARE APPROPRIATE BASED ON THE CURRENT FACTS AND CIRCUMSTANCES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN CHARITABLE REMAINDER TRUST CHANGE IN PERPETUAL TRUST 1,586,770. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -457,763. RENTAL EXPENSE -94,667. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 457,763. RENTAL EXPENSES 94,667. TASTE OF DUVENECK 113483 84730 28753 5168 2100 23328 GALA 158246 140744 17502 1 39165 25830 13335 19901 1700 27764 310894 251304 59590 25069 3800 51092 79961 -20371 X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 AARON BETSKY DIRECTOR 269445 0 0 0 1716 0 30807 0 8401 0 310369 0 0 0 ANITA ELLIS DEPUTY DIRECTOR, COLLECTIO 143829 0 0 0 0 0 2837 0 5732 0 152398 0 0 0 DAVE LINNENBERG CAO 147940 0 0 0 0 0 3001 0 8650 0 159591 0 0 0 FORM 990, SCHEDULE J, LINE 4B: THE ASSOCIATION SPONSORS AN UNQUALIFIED DEFERRED COMPENSATION PLAN FOR THE BENEFIT OF CERTAIN KEY MANAGEMENT EMPLOYEES. THIS PLAN IS UNFUNDED. EARNINGS OF 8% PER YEAR WILL BE CREDITED TO THE PARTICIPANT'S ACCOUNT. EXCEPT IN THE EVENT OF THE PARTICIPANT'S TERMINATION OF EMPLOYMENT FOR CAUSE, THE PARTICIPANT SHALL HAVE A VESTED INTEREST IN THE EARNINGS OF THEIR ACCOUNT. ACCORDING TO THE AGREEMENT, A PARTICIPANT SHALL EARN A VESTED INTEREST IN THEIR EMPLOYER'S CONTRIBUTION MADE AT THE EARLIEST OF 1) A CHANGE IN OWNERSHIP, AFFILIATION OR CONTROL OF THE ASSOCIATION, 2) THE PARTICIPANT'S DEATH, 3) THE DATE ON WHICH THE PARTICIPANT REACHES NORMAL RETIREMENT AGE, 4) THE DATE ON WHICH THE PARTICIPANT BECOMES DISABLED, OR 5) THE INVOLUNTARY TERMINATION OF THE PARTICIPANT'S EMPLOYMENT FOR REASON OTHER THAN CAUSE. DURING 2014, THE ONLY PARTICIPANT IN THE PLAN, ARRON BETSKY, WAS TERMINATED AND ALL AMOUNTS WERE PAID OUT AS PART OF THE SEPARATION AGREEMENT. THE TERMINATED PARTICIPANT RECEIVED A PAYMENT OF $159,550. THE ASSOCIATION INCURRED DEFERRED COMPENSATION EXPENSE OF $15,001 AND $25,707 IN 2014 AND 2013, RESPECTIVELY. THE LIABILITY FOR THIS PLAN WAS INCLUDED IN ACCRUED LIABILITIES AS OF AUGUST 31, 2013. THOMAS SCHIFF FORMER BOARD MEMBER 115905 THE ART MUSEUM MADE PAYMENTS TOTALING $115,905 TO A COMPANY OWNED BY THOMAS SCHIFF (A FORMER BOARD MEMBER OF THE MUSEUM). PAYMENTS WERE MADE TO THE JOHN J. & THOMAS R. SCHIFF COMPANY FOR INSURANCE SERVICES. 0 KEVIN KABAT BOARD MEMBER 34783 KEVIN KABAT IS THE PRESIDENT AND CEO OF FIFTH THIRD BANCORP. THE ART MUSEUM BEGAN RENOVATING THE ART ACADEMY BUILDING ON THE MUSEUM'S CAMPUS. THE MUSEUM OBTAINED A $4,000,000 LINE OF CREDIT FROM FIFTH THIRD BANK TO HELP WITH CASH SHORTFALLS CAUSED BY TIMING OF PLEDGE PAYMENTS AND CONSTRUCTION COMPLETION. THE BOARD IS AWARE OF THE CONFLICT OF INTEREST, AND KABAT IS NOT PERMITTED TO PARTICIPATE IN ANY DISCUSSIONS OR VOTES REGARDING BANKING RELATIONSHIPS. THE BANK OVERSEES INVESTMENT OF FUNDS IN THE CHARITABLE TRUST, GIFT ANNUITY, POOLED INCOME FUND AND ENDOWMENT. DURING THE FISCAL YEAR COVERED BY THIS RETURN, INTEREST AND FEES RELATED TO THE CHARITABLE TRUST, GIFT ANNUITY, POOLED INCOME FUND AND ENDOWMENT ACCOUNTS AMOUNTED TO $34,783. 0 X 625 X 18 9391467 STOCK EXCHANGE VALUE 0 1 0 FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERSHIP INTEREST OF THE CINCINNATI MUSEUM ASSOCIATION CONSISTS OF NOT FEWER THAN 150 BUT NOT MORE THAN 300 INDIVIDUALS WHOSE MEMBERSHIP INTEREST SHALL BE EVIDENCED BY CERTIFICATES WHICH SHALL BE REFERRED TO AS "SHARES". IT SHALL BE THE RESPONSIBILITY OF THE TRUSTEES TO SELECT APPROPRIATE INDIVIDUALS TO SERVE AS MEMBERS OF THE ASSOCIATION AS PROVIDED IN THE ARTICLES OF INCORPORATION. A VOTE OF TWO-THIRDS OF THE TRUSTEES SHALL BE REQUIRED TO SELECT AN INDIVIDUAL TO BECOME A MEMBER, AND THEREAFTER, ONE MEMBER SHARE SHALL BE AWARDED TO EACH SUCH PERSON. ADDITIONALLY, THE BOARD OF TRUSTEES NOMINATING COMMITTEE SUGGESTS NOMINEES FOR THE GOVERNING BODY TO THE MEMBERS WHO ELECT THEM. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF TRUSTEES NOMINATING COMMITTEE SUGGESTS NOMINEES FOR THE GOVERNING BODY TO THE MEMBERS WHO THEN VOTE TO ELECT THEM. CURRENTLY, THE BOARD OF TRUSTEES SHALL CONSIST OF FORTY TRUSTEES PLUS THE NUMBER OF TRUSTEES EX-OFFICIO WHO MAY BE SERVING HEREINAFTER PROVIDED. OF THIS NUMBER, THIRTY SIX TRUSTEES SHALL BE ELECTED BY THE MEMBERS. OF THE REMAINING FOUR TRUSTEES, THE MAYOR THE CITY OF CINCINNATI SHALL SERVE AS A TRUSTEE, TOGETHER WITH THREE ADDITIONAL TRUSTEES APPOINTED BY THE MAYOR WITH THE CONSENT OF CITY COUNCIL. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS DISTRIBUTED TO THE TRUSTEES SERVING ON THE FINANCE AND BUDGET COMMITTEE FOR REVIEW BEFORE FILING. ADDITIONALLY, A COPY OF THE 990 IS PROVIDED TO EACH BOARD MEMBER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE HUMAN RESOURCES DEPARTMENT REGULARLY AND CONSISTENTLY MONITORS THE CONFLICT OF INTEREST DISCLOSURE PROCESS BY ENSURING THAT ALL EMPLOYEES COMPLETE DISCLOSURE FORMS AS A NEW HIRE AND ON AN ANNUAL BASIS IN SEPTEMBER. ALL EMPLOYEES ARE REQUIRED TO COMPLETE THE FORM AND DISLOSE IF THERE ARE ANY PERSONAL INTERESTS THAT COULD CONFLICT WITH THEIR EMPLOYMENT AT THE ART MUSEUM. SHOULD ANY CONFLICTS BE DISCLOSED, IT IS REVIEWED BY SENIOR MANAGEMENT. THE SECRETARY TO THE BOARD OF TRUSTEES IS RESPONSIBLE FOR HAVING TRUSTEES AND OFFICERS COMPLETE THE FORM AND DISCLOSE ANY CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 WITH THE APPROVAL OF THE EXECUTIVE COMMITTEE, THE EXECUTIVE DIRECTOR CONDUCTS THE ANNUAL REVIEW OF ALL DEPUTY DIRECTORS AND DETERMINES MERIT INCREASES FOR EACH. THE PRESIDENT OF THE BOARD OF DIRECTORS PREPARES THE ANNUAL REVIEW OF THE DIRECTOR AND DETERMINES THE MERIT INCREASE AND OTHER BENEFITS WHICH THE EXECUTIVE COMMITTEE MUST APPROVE. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC VIA THE CINCINNATI MUSEUM ASSOCIATION'S WEBSITE. THE ANNUAL REPORT IS ON THE WEBSITE WHICH INCLUDES THE FINANCIAL STATEMENTS. ON THE CINCINNATI MUSEUM ASSOCIATION'S WEBSITE, THERE IS ALSO A LINK TO GUIDESTAR.ORG TO RECEIVE A COPY OF THE 990. FORM 990, PART IX, LINE 24E SHIPPING, POSTAGE & EXHIBITION FEES: PROGRAM SERVICE EXPENSES 276,154. MANAGEMENT AND GENERAL EXPENSES 3,556. FUNDRAISING EXPENSES 30,949. TOTAL EXPENSES 310,659. INSTALLATION & FRAMING: PROGRAM SERVICE EXPENSES 266,942. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 266,942. SERVICE CONTRACTS: PROGRAM SERVICE EXPENSES 175,769. MANAGEMENT AND GENERAL EXPENSES 28,286. FUNDRAISING EXPENSES 45,672. TOTAL EXPENSES 249,727. PRINT/TYPESETTING: PROGRAM SERVICE EXPENSES 133,963. MANAGEMENT AND GENERAL EXPENSES 1,372. FUNDRAISING EXPENSES 57,952. TOTAL EXPENSES 193,287. EVENT COSTS: PROGRAM SERVICE EXPENSES 41,549. MANAGEMENT AND GENERAL EXPENSES 13. FUNDRAISING EXPENSES 113,856. TOTAL EXPENSES 155,418. PROFESSIONAL DEVELOPMENT: PROGRAM SERVICE EXPENSES 69,880. MANAGEMENT AND GENERAL EXPENSES 8,853. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 78,733. HOSPITALITY: PROGRAM SERVICE EXPENSES 33,496. MANAGEMENT AND GENERAL EXPENSES 14,180. FUNDRAISING EXPENSES 6,376. TOTAL EXPENSES 54,052. VOLUNTEER EXPENSE: PROGRAM SERVICE EXPENSES 53,291. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 53,291. HONORARIUM: PROGRAM SERVICE EXPENSES 47,785. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 47,785. TELEPHONE: PROGRAM SERVICE EXPENSES 28,651. MANAGEMENT AND GENERAL EXPENSES 12,663. FUNDRAISING EXPENSES 6,154. TOTAL EXPENSES 47,468. DUES & MEMBERSHIPS: PROGRAM SERVICE EXPENSES 17,088. MANAGEMENT AND GENERAL EXPENSES 12,134. FUNDRAISING EXPENSES 1,070. TOTAL EXPENSES 30,292. BOOKS & PERIODICALS: PROGRAM SERVICE EXPENSES 21,965. MANAGEMENT AND GENERAL EXPENSES 400. FUNDRAISING EXPENSES 3,856. TOTAL EXPENSES 26,221. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 8,816. MANAGEMENT AND GENERAL EXPENSES 5,083. FUNDRAISING EXPENSES 3,132. TOTAL EXPENSES 17,031. BANK FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 6,012. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,012. PHOTOGRAPHY: PROGRAM SERVICE EXPENSES 3,897. MANAGEMENT AND GENERAL EXPENSES 200. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,097. FORM 990, PART XI, LINE 9: CHANGE IN PERPETUAL TRUST 1,586,770. FORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FORM THE PRIOR YEAR.