2015-11-16T16:50:25-06:00 2014-12-31 364256931 CBIZ MHM LLC 625 MARYVILLE CENTRE DR SUITE 200 ST LOUIS MO 63141 990 2014-01-01 430654866 MISSOURI HISTORICAL SOCIETY MISS 3144543104 PO BOX 11940 ST LOUIS MO 631120040 FRANCES LEVINE PHD PRESIDENT 3144543104 2015-11-13 1 DAVID GRESHAM P00834239 3146922249 2014 2016-02-25 16:41:14Z MISSOURI HISTORY MUSEUM FRANCES LEVINE PHD PO BOX 11940 ST LOUIS MO 631120040 42216033 0 X WWW.MOHISTORY.ORG X 1866 MO THE MISSOURI HISTORICAL SOCIETY SERVES AS THE CONFLUENCE OF HISTORICAL PERSPECTIVES AND CONPTEMPORARY ISSUES TO INSPIRE AND ENGAGE OUR AUDIENCES. 38 38 239 134 0 0 12913763 14590400 316795 177240 1817217 2630837 528788 1972719 15576563 19371196 0 0 0 0 5294798 5809778 0 0 324726 9696517 9652445 14991315 15462223 585248 3908973 73596103 77168676 1915389 1768693 71680714 75399983 X THE MISSOURI HISTORICAL SOCIETY SERVES AS THE CONFLUENCE OF HISTORICAL PERSPECTIVES AND CONTEMPORARY ISSUES TO INSPIRE AND ENGAGE OUR AUDIENCES. 0 0 3992164 84134 EXHIBITIONS AND RESEARCH:THE MUSEUM PRESENTS A NUMBER OF EXHIBITS EACH YEAR, BOTH PERMANENT AND TEMPORARY. THE TEMPORARY EXHIBITS ARE A COMBINATION OF TRAVELING EXHIBITS, AS WELL AS EXHIBITS DEVELOPED AND PRESENTED BY THE EXHIBITIONS AND RESEARCH STAFF. THE 2014 EXHIBIT SCHEDULE INCLUDED, AMONG OTHERS, 250 IN 250, HISTORY CLUBHOUSE: LET'S BUILD IT, AMERICAN SPIRITS: THE RISE AND FALL OF PROHIBITION, LOUISIANA PURCHASE, AND UTOPIA. ATTENDANCE TO THE MUSEUM AND ITS EXHIBITS WAS 496,746 IN 2014. WEB-BASED OUTREACH REPRESENTS A CONTINUED OPPORTUNITY FOR MUSEUMS TO ENGAGE VISITORS ONLINE, PROVIDING ACCESS TO SELECTED ITEMS IN OUR COLLECTION AND ADDITIONAL OPPORTUNITIES TO BENEFIT FROM OUR PROGRAMS. EXPENSES INCLUDE SALARIES, SUPPLIES, AND THE COSTS ASSOCIATED WITH BOOKING TRAVELING EXHIBITS, INCLUDING SHIPPING AND RENTAL FEES. 4500542 14105 LIBRARY AND COLLECTIONS:LIBRARY AND COLLECTIONS INCLUDES THE EXPENSES OF ACQUISITION AND CARE OF THE MUSEUM COLLECTIONS, INCLUDING OBJECT COLLECTIONS, ARCHIVAL MATERIALS, PHOTOGRAPHS AND PRINTS, MOVING IMAGES, AND THE LIBRARY. THE COLLECTIONS INCLUDE ITEMS OF HISTORICAL SIGNIFICANCE IN MISSOURI AND SURROUNDING AREAS AND INCLUDES BUT IS NOT LIMITED TO THE FOLLOWING: PERSONAL ITEMS, JOURNALS, FURNITURE, FAMILY HEIRLOOMS, WEAPONS, BUSINESS RECORDS, GARMENTS AND HOUSEHOLD ITEMS, PAINTINGS, SCULPTURES, BOOKS, ETC. LIBRARY AND COLLECTIONS ALSO INCLUDE THE SALARIES AND SUPPLIES USED IN MAINTAINING AND CATALOGING THE COLLECTION AND ASSISTING THE PUBLIC WITH RESEARCH. DURING 2014, THERE WERE 5,242 VISITS TO THE LIBRARY AND RESEARCH AREAS, 248,510 VISITS TO OUR RESEARCH WEBSITES AND ONLINE COLLECTIONS AND OVER 8,382 RESPONSES TO PHONE, FAX, MAIL, AND EMAIL REQUESTS FOR ASSISTANCE. 2246381 51855 COMMUNITY EDUCATION & EVENTS:THE MISSOURI HISTORY MUSEUM PROVIDES MORE THAN 700 COMMUNITY PROGRAMS EACH YEAR DESIGNED TO ENGAGE AND EDUCATE DIVERSE AUDIENCES. THE PROGRAMS ARE POSSIBLE BECAUSE OF THE LARGE NUMBER OF COMMUNITY PARTNERSHIPS THE MUSEUM CREATES AND MAINTAINS EACH YEAR. WITH THE ASSISTANCE OF ORGANIZATIONS SUCH AS THE ANTI-DEFAMATION LEAGUE, METRO THEATER, AND THE ARCHEOLOGY ASSOCIATION, THE MUSEUM IS ABLE TO DEVELOP AND IMPLEMENT HISTORICAL BASED PROGRAMS THAT LOOK AT THE REGION'S PAST AS WELL AS ITS FUTURE. THE MUSEUM'S LARGEST PROGRAM IS A TWELVE-WEEK OUTDOOR MUSIC FESTIVAL THAT WELCOMES ABOUT 35,000 VISITORS TO THE MUSEUM EACH YEAR. THE MUSEUM'S K-12 EDUCATION PROGRAM ATTRACTED 30,000 STUDENTS WITH ITS INTER-DISCIPLINARY FOCUS AND HANDS ON ACTIVITIES THAT FOCUS ON THE MUSEUM'S TRAVELING AND PERMANENT GALLERIES. 1720238 27146 MARKETING AND COMMUNICATIONS DEPARTMENT:THE MARKETING AND COMMUNICATIONS DEPARTMENT PROVIDES MARKETING AND PUBLIC RELATIONS ACTIVITIES FOR THE MUSEUM, INCLUDING MEDIA RELATIONS, ADVERTISING, SOCIAL MEDIA, ALONG WITH CULTURAL TOURISM, GRAPHIC DESIGN, ETC. DURING 2014, THE MUSEUM RECEIVED 814,813 WEBSITE VISITS, 588,522 UNIQUE VISITORS TO THE WEB SITE, AND HAD AN AVERAGE 3.65 PAGES VIEWED PER WEB VISIT. DURING 2014, THE MUSEUM HAD 195,933 FACEBOOK FANS ENGAGE WITH OUR CONTENT, RECEIVED AN AVERAGE DAILY TOTAL OF 6,951 HITS TO OUR PINTEREST SITE, ENDED THE YEAR WITH 3,071,000 FLICKR VIEWS AND HAD 37,031 VIEWS ON OUR YOUTUBE VIDEOS. STAFF MEMBERS WITHIN THE MARKETING AND COMMUNICATIONS DEPARTMENT PREPARE AND DISTRIBUTE MEDIA MATERIALS PROMOTING EXHIBITION, EVENTS AND PROGRAMS TO THE PRINT AND ELECTRONIC MEDIA. THE MARKETING AND COMMUNICATIONS DEPARTMENT PERSONNEL ALSO COORDINATE ALL INTERVIEWS AND SPEAKING ENGAGEMENTS RELATED TO THE MUSEUM, AS WELL AND PROVIDING IN-HOUSE INTERVIEW AND PUBLIC SPEAKING TRAINING FOR MUSEUM STAFF. THE MARKETING AND COMMUNICATIONS DEPARTMENT STAFF OVERSEES ALL ADVERTISING AND MARKETING OPPORTUNITIES AND PROMOTIONAL PARTNERSHIPS; DEVELOPS MARKETING PLANS AND PLACES ALL ADVERTISING FOR EXHIBITIONS, PROGRAMS AND EVENTS; COORDINATES THE MUSEUM'S SOCIAL MEDIA PRESENCE. MARKETING AND COMMUNICATION DEPARTMENT STAFF PROMOTES THE MUSEUM, SPECIAL EXHIBITIONS, FOREST PARK AND ST. LOUIS TO THE TOURISM INDUSTRY BY WORKING CLOSELY WITH REGIONAL VISITOR AND CONVENTION BUREAUS, TOUR COMPANIES, TRAVEL ORGANIZATIONS AND HOTEL CONCIERGE. THE MARKETING AND COMMUNICATIONS DEPARTMENT PRODUCES BROCHURES; BANNERS; SIGNAGE; POSTCARDS; MAILERS AND A VARIETY OF PRINTED AND ELECTRONIC MATERIALS TO REPRESENT THE MANY EXHIBITIONS, PROGRAMS, AND MEMBERSHIP OPPORTUNITIES OF THE MISSOURI HISTORY MUSEUM. ANNUAL EXPENSES ARE $1,061,289. THE PUBLICATIONS DIVISION PROVIDES A NUMBER OF SERVICES FOR THE MUSEUM. IN ADDITION TO PUBLISHING A NUMBER OF BOOKS EACH YEAR (NEW TITLES OR REPRINTS OF BOOKS PREVIOUSLY PUBLISHED BY THE MUSEUM), THEY ALSO PUBLISH AN ANNUAL MEMBERS MAGAZINE AND MAINTAIN AN ONLINE MAGAZINE WITH CONTINUOUSLY CHANGING ARTICLES. THEY PROVIDE EDITING SERVICES FOR OTHER DEPARTMENTS IN THE MUSEUM. ANNUAL EXPENSES WERE $404,439 AND ANNUAL REVENUES WERE $27,146. 142775 FACILITIES & CATERING:FACILITIES RENTAL AND CATERING INCOME ARE BUDGETED AND REPORTED NET OF EXPENSES. THESE EARNED INCOME CATEGORIES REPRESENT THE SPACE RENTAL USE OF THE FACILITY AND CERTAIN COMMISSIONS ON ALL CATERING FOOD AND BEVERAGES IN THE RESTAURANT AND AT EVENTS. 83550 OTHER INCOME:OTHER INCOME INCLUDES PHOTOS AND PRINT SALES, PHOTOCOPY SALES, PUBLICATION SALES AND ROYALTIES, DISCOVERY TOUR INCOME, AND MISCELLANEOUS INCOME. 1720238 253471 12459325 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 99 0 1 239 1 0 0 0 0 0 0 0 0 0 0 X 38 38 1 0 0 0 0 0 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X X BENJAMIN C WASHINGTON CPA 3147464421 5700 LINDELL BLVD ST LOUIS MO 631120400 ELIZABETH T ROBB ASSISTANT SECRETARY 1.00 X 0 0 0 HERBERT D CONDIE III ASSISTANT SECRETARY 1.00 X 0 0 0 HON STEVE EHLMANN ASSISTANT SECRETARY 1.00 X 0 0 0 JAMES A TRICARICO ASSISTANT SECRETARY 1.00 X 0 0 0 MARY LEE HERMANN ASSISTANT SECRETARY 1.00 X 0 0 0 REX SINQUEFIELD ASSISTANT SECRETARY 1.00 X 0 0 0 JOHN R ROBERTS CHAIRMAN 1.00 X 0 0 0 ROBERT W FULSTONE FRIEND'S BOARD REP. 1.00 X 0 0 0 ANN LIBERMAN SECRETARY 1.00 X 0 0 0 LAURA J SHAUGHNESSY T.J. SOCIETY REP. 1.00 X 0 0 0 WILLIAM C RUSNACK TREASURER 1.00 X 0 0 0 ANABETH WEIL TRUSTEE 1.00 X 0 0 0 CAMILLA T BRAUER TRUSTEE 1.00 X 0 0 0 CATHERINE BERGES TRUSTEE 1.00 X 0 0 0 CHERYL JEAN FROMM TRUSTEE 1.00 X 0 0 0 CHERYL D POLK TRUSTEE 1.00 X 0 0 0 DANIEL F COLE TRUSTEE 1.00 X 0 0 0 DARNETTA CLINKSCALE TRUSTEE 1.00 X 0 0 0 GERALD EARLY PHD TRUSTEE 1.00 X 0 0 0 HOLLY BENSON TRUSTEE 1.00 X 0 0 0 HON GARY M GAERTNER JR TRUSTEE 1.00 X 0 0 0 HON MICHAEL A WOLFF TRUSTEE 1.00 X 0 0 0 KAT CUNNINGHAM TRUSTEE 1.00 X 0 0 0 KENNETH KRANZBERG TRUSTEE 1.00 X 0 0 0 MABEL L PURKERSON MD TRUSTEE 1.00 X 0 0 0 MARIE CASEY TRUSTEE 1.00 X 0 0 0 MARILYN R FOX TRUSTEE 1.00 X 0 0 0 NOEMI K NEIDORFF TRUSTEE 1.00 X 0 0 0 PRIS MCDONNELL TRUSTEE 1.00 X 0 0 0 RACHEL KELLER BROWN TRUSTEE 1.00 X 0 0 0 SANDRA MARIA MOORE TRUSTEE 1.00 X 0 0 0 SCOTT F GALT TRUSTEE 1.00 X 0 0 0 VERONICA MCDONNELL TRUSTEE 1.00 X 0 0 0 WILLIAM A COPPEL TRUSTEE 1.00 X 0 0 0 HARRY RICH TRUSTEE, FORMER CFO 1.00 X 0 0 0 FRANK L STEEVES VICE CHAIR 1.00 X 0 0 0 HON WAYNE GOODE VICE CHAIR 1.00 X 0 0 0 MELVIN F BROWN VICE CHAIR 1.00 X 0 0 0 BENJAMIN C WASHINGTON CFO (PARTIAL YEAR) 40.00 X 15656 0 495 KAREN M GOERING MANAGING DIRECTOR-OPERATIONS 40.00 X 165317 0 16072 FRANCES LEVINE PHD PRESIDENT (PARTIAL YEAR) 40.00 X 166886 0 14404 MELANIE A ADAMS MANAGING DIRECTOR-COMMUNITY EDUCATION AND EVENTS 40.00 X 125766 0 13532 KATHERINE VAN ALLEN MANAGING DIRECTOR-MUSEUM SERVICES 40.00 X 119427 0 20168 593052 0 64671 4 0 1 0 0 401352 10449994 3739054 829334 14590400 TICKET REVENUE 611600 84134 84134 EDUCATION EVENTS & TOU 611600 51855 51855 PUBLICATIONS 611600 27146 27146 LIBRARY PHOTOS & PRINT 611600 14105 14105 177240 1503180 1503180 23674299 22546642 1127657 1127657 1127657 535252 298195 237057 237057 INSURANCE PROCEEDS 611600 1509337 1509337 FACILITIES & CATERING 611600 142775 142775 MISCELLANEOUS 611600 83550 83550 1735662 19371196 403565 0 4377231 949084 382733 489166 77185 3705449 2965713 666362 73374 182147 157041 25024 82 612603 435565 173199 3839 360495 273658 76978 9859 123496 94496 29000 82944 5887 77057 88159 88159 290827 209648 81179 528615 528615 509109 304298 173073 31738 932109 857049 67737 7323 3504721 3200919 299101 4701 50875 39202 11220 453 46253 7818 38011 424 1014850 842215 161809 10826 337060 297621 37110 2329 EXHIBITS 1124472 1124472 0 0 EDUCATION AND EVENTS 492671 492671 0 0 ANNUAL APPEAL & CULTIVA 72598 0 0 72598 PUBLICATIONS 56183 24590 31593 0 397503 309610 86898 995 15462223 12459325 2678172 324726 649285 2564816 93450 86844 5095817 4363567 111640 957501 204197 202541 431157 419562 43943802 19412789 24328889 24531013 39208923 42023512 3472745 1986454 0 32866 73596103 77168676 1130235 1183352 23365 35760 761789 549581 1915389 1768693 X 46619170 48603622 13216920 14797998 11844624 11998363 71680714 75399983 73596103 77168676 X 3908973 -161898 11619 -39426 X 0 1 X 1 0 X 12058858 15373758 18137667 12921377 14590400 73082060 12058858 15373758 18137667 12921377 14590400 73082060 3353229 69728831 769755 791649 895762 1062396 1503180 5022742 1000200 761983 985352 845583 640622 4233740 82338542 2102552 0.84690 0.85200 X PART II, SECTION B, LINE 10 OTHER INCOME: MUSEUM SHOP $ 237,057 FACILITY RENTAL/CATERING $ 142,775 EXHIBIT TICKET REVENUE $ 84,134 PUBLICATION SALES $ 27,146 LIBRARY PHOTOS & PRINTS $ 14,105 SPECIAL EVENTS & TOURS $ 51,855 MISCELLANEOUS $ 83,550 ----------- TOTAL OTHER INCOME $ 640,622 =========== PART II, SECTION B, LINE 12 GROSS RECEIPTS FROM RELATED ACTIVITIES: 2010 $ 674,336 2011 $ 431,237 2012 $ 502,944 2013 $ 316,795 2014 $ 177,240 ------------- $ 2,102,552 ============= RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 30276646 153739 1827165 931858 31325692 27427530 333398 3079718 564000 30276646 21344585 4744990 1770955 433000 27427530 13966105 8134885 -381405 375000 21344585 12811582 13500 1537023 396000 13966105 0.28530 0.33170 0.38300 0 0 661153 661153 38719292 17358612 21360680 3740009 2054177 1685832 823348 823348 24531013 DEFERRED COMPENSATION PLAN 297838 SPLIT INTEREST AGREEMENTS 251743 549581 X 19009467 -161898 11619 7117 -143162 19152629 218568 218568 19371197 15290198 0 15290198 172025 172025 15462223 PART X, LINE 2: THE MUSEUM QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THEREFORE, THERE IS NO PROVISION FOR THE INCOME TAXES. THE MUSEUM FOLLOWS THE PROVISIONS OF ASC 740-10-25 REQUIRING DISCLOSURE OF UNCERTAIN TAX POSITIONS. THERE HAS BEEN NO INTEREST OR PENALTIES RECOGNIZED IN THE STATEMENTS OF ACTIVITIES NOR IN THE STATEMENTS OF FINANCIAL POSITION RELATED TO UNCERTAIN TAX POSITIONS. IN ADDITION, NO TAX POSITIONS EXIST FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL SIGNIFICANTLY INCREASE OR DECREASE WITHIN THE NEXT 12 MONTHS. THE MUSEUM EVALUATES ITS UNCERTAIN TAX POSITIONS, IF ANY, ON A CONTINUAL BASIS THROUGH REVIEW OF ITS POLICIES AND PROCEDURES, REVIEW OF ITS REGULAR TAX FILINGS, AND DISCUSSIONS WITH OUTSIDE EXPERTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: OTHER REVENUE 7,117. PART XI, LINE 4B - OTHER ADJUSTMENTS: MUSEUM SHOP, NET 173,132. RESTAURANT EXPENSE 45,436. PART XII, LINE 4B - OTHER ADJUSTMENTS: SPLIT INTEREST CHANGE IN VALUE EXPENSE -39,426. MUSEUM SHOP EXPENSE 173,132. RESTAURANT 45,436. BAD DEBT -7,117. PART III, LINE 1(A) THE MISSOURI HISTORY MUSEUM'S RESEARCH COLLECTIONS CONTAIN UNIQUE REGIONAL HISTORY SOURCES AND OBJECTS DOCUMENTING ST. LOUIS, MISSOURI, THE MISSISSIPPI AND MISSOURI VALLEYS, THE LOUISIANA PURCHASE TERRITORY AND THE AMERICAN WEST. AN INTEGRATED AND MULTI-FORMAT COLLECTION, IT SERVES AN AUDIENCE OF DIVERSE LOCAL, NATIONAL AND INTERNATIONAL READERS AND RESEARCHERS. MUSEUM STAFF MEMBERS WORK TO SHARE THE COLLECTIONS IN THE GALLERIES, THROUGH OUR VARIOUS PUBLICATIONS, ONLINE AND THROUGH OUR COMMUNITY AND EDUCATIONAL PROGRAMS. THE VALUE OF THE COLLECTIONS AND LIBRARY HOLDINGS CANNOT BE DETERMINED, AND THEREFORE, IS NOT CAPITALIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. EACH OF THE ITEMS IN THE COLLECTIONS IS CATALOGUED, PRESERVED AND CARED FOR, AND COLLECTIONS AUDITS ARE PERFORMED REGULARLY. PROCEEDS FROM DEACCESSIONS ARE USED TO ACQUIRE OTHER OBJECTS FOR THE COLLECTIONS. PART III, LINE 4 SEE STATEMENT FOR LINE 1(A) FOR A DEFINITION OF THE ARTICLES IN THE COLLECTION. THE COLLECTION AND THE EXHIBITS, DISCUSSIONS AND RESEARCH OF THESE ITEMS IN THE COLLECTION PROVIDE A REVIEW OF THE PAST AND THE CHOICES MADE IN THE PAST AS A BASIS OF DISCUSSING CURRENT ACTIVITIES AND OPTIONS AND THEIR POSSIBLE IMPACT ON THE FUTURE. THEY CAN PROVIDE THE BASIS FOR ADDRESSING AND SOLVING COMMON PROBLEMS. PART V, LINE 4 THE MUSEUM USES A SPENDING POLICY OF BETWEEN 3.0 AND 5% OF A TRAILING 13 QUARTER AVERAGE OF THE VALUE OF THE ENDOWMENT TO DETERMINE ANNUAL SPENDING. A PORTION OF THIS SUPPORTS UNRESTRICTED SPENDING COVERING OPERATING EXPENSES. A PORTION IS DESIGNATED FOR TEMPORARILY RESTRICTED SPENDING (I.E. PUBLICATIONS, GALLERIES, EXHIBIT MAINTENANCE) BASED ON DONOR'S INSTRUCTIONS. X X X X X 0 0 0 0 0 0 0 0 0 KAREN M GOERING MANAGING DIRECTOR-OPERATIONS 165317 0 0 0 0 0 0 0 16072 0 181389 0 0 0 FRANCES LEVINE PHD PRESIDENT (PARTIAL YEAR) 166886 0 0 0 0 0 8272 0 6132 0 181290 0 0 0 X 13 829334 PUBLICLY TRADED STOCK X 159 0 1 0 PART I, LINE 33: THE MISSOURI HISTORY MUSEUM'S RESEARCH COLLECTIONS CONTAIN UNIQUE REGIONAL HISTORY SOURCES AND OBJECTS DOCUMENTING ST. LOUIS, MISSOURI, THE MISSISSIPPI AND MISSOURI VALLEYS, THE LOUISIANA PURCHASE TERRITORY AND THE AMERICAN WEST. AN INTEGRATED AND MULTI-FORMAT COLLECTION, IT SERVES AN AUDIENCE OF DIVERSE LOCAL, NATIONAL AND INTERNATIONAL READERS AND RESEARCHERS. MUSEUM STAFF MEMBERS WORK TO SHARE THE COLLECTIONS IN THE GALLERIES, THROUGH OUR VARIOUS PUBLICATIONS, ONLINE, AND THROUGH OUR COMMUNITY AND EDUCATIONAL PROGRAMS. THE VALUE OF THE COLLECTIONS AND LIBRARY HOLDINGS CANNOT BE DETERMINED, AND THEREFORE, IS NOT CAPITALIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. EACH OF THE ITEMS IN THE COLLECTIONS IS INVENTORIED, PRESERVED AND CARED FOR, AND COLLECTIONS AUDITS ARE PERFORMED REGULARLY. PROCEEDS FROM DEACCESSIONS ARE USED TO ACQUIRE OTHER OBJECTS FOR THE COLLECTIONS. FORM 990, PART VI, SECTION A, LINE 2 FAMILY RELATIONSHIP - TRUSTEE PRIS MCDONNELL AND TRUSTEE VERONICA MCDONNELL FORM 990, PART VI, SECTION A, LINE 7B THE SUBDISTRICT IS PART OF THE ZMD. THE SUBDISTRICT WAS ESTABLISHED TO RECEIVE TAX REVENUES FROM THE TAX COLLECTOR'S OFFICES AND TO PAY FOR HISTORY MUSEUM SERVICES PROVIDED TO BENEFIT THE PUBLIC. THE ZMD TAX GENERATED REVENUE IS SUBJECT TO ANNUAL REVIEW AND APPROVAL. IN 1988, THE SUBDISTRICT AND THE MUSEUM ENTERED INTO A CONTRACT, WHICH WAS RENEGOTIATED IN THE FALL OF 2012 AND 2013. THE AGREEMENT RENEWS FOR ONE YEAR EACH DECEMBER 31, UNLESS THE SUBDISTRICT, UPON RECOMMENDATION OF ITS COMMITTEE ON RENEWAL, VOTES NOT TO RENEW THE CONTRACT. UPON GIVING WRITTEN NOTICE OF ITS INTENT NOT TO RENEW THE CONTRACT, THE MISSOURI HISTORICAL SOCIETY AND THE SUBDISTRICT ARE REQUIRED TO MEET FOR A PERIOD OF SIX MONTHS TO RESOLVE THEIR DIFFERENCES. IF THOSE DIFFERENCES ARE NOT RESOLVED, THE CONTRACT TERMINATES AT THE END OF THE CALENDAR YEAR IN WHICH SUCH FINAL DETERMINATION IS MADE. THE CONTRACT PROVIDES FOR HISTORY MUSEUM FACILITIES AND SERVICES TO BE PROVIDED TO THE PUBLIC BY THE HISTORICAL SOCIETY IN EXCHANGE FOR COMPENSATION FROM THE SUBDISTRICT. THE PUBLIC SUPPORT UNDER THIS CONTRACT IS DETERMINED EACH YEAR BASED UPON AN ANNUAL BUDGET. THE 2012 REVISED AGREEMENT CREATED JOINT BUDGET AND EXECUTIVE COMPENSATION COMMITTEES COMPOSED OF EQUAL NUMBERS OF TRUSTEES FROM THE MISSOURI HISTORICAL SOCIETY AND COMMISSIONERS OF THE SUBDISTRICT. THE AGREEMENT REQUIRES PRIOR SUBDISTRICT APPROVAL FOR THE PURCHASE OF ANY REAL ESTATE AND JOINT BUDGET COMMITTEE APPROVAL OF ANY UNBUDGETED EXPENDITURE IN EXCESS OF $10,000. THE MISSOURI HISTORICAL SOCIETY IS INCLUDED AS A DISCRETELY PRESENTED COMPONENT UNIT WITHIN THE SUBDISTRICT'S FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY THE FINANCE AND ACCOUNTING DEPARTMENT IN CONJUNCTION WITH THE INDEPENDENT AUDITORS. IT IS REVIEWED BY THE CHIEF EXECUTIVE OFFICER, THE CHIEF FINANCIAL OFFICER, AND THE BOARD CHAIRMAN OF THE MUSEUM. THE 38 PERSON BOARD OF TRUSTEES PASSED A RESOLUTION FORMALLY DELEGATING THE AUTHORITY TO REVIEW THE FORM 990 TO THE AUDIT COMMITTEE OF THE BOARD. FOLLOWING ITS REVIEW OF THE FORM 990, THE AUDIT COMMITTEE IS REQUIRED TO REPORT ITS FINDINGS AND RELEVANT COMMENTS BACK TO THE EXECUTIVE COMMITTEE OF THE BOARD PRIOR TO THE SUBMISSION OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE TRUSTEES ARE REQUIRED TO REVIEW THE MUSEUM'S CONFLICT OF INTEREST POLICY AND SIGN A FORM CONFIRMING THAT THEY HAVE READ THE POLICY. IF THERE IS THE POTENTIAL FOR A CONFLICT OF INTEREST, THEY ARE REQUIRED TO DOCUMENT THAT POTENTIAL. THESE TWO FORMS ARE THEN FORWARDED TO THE METROPOLITAN ZOO AND MUSEUM DISTRICT OF THE CITY OF ST. LOUIS AND ST. LOUIS COUNTY, THE TAXING AUTHORITY PROVIDING PARTIAL FINANCIAL SUPPORT TO THE MUSEUM. THE ORGANIZATIONS TOP MANAGEMENT OFFICIALS ANNUALLY SIGN A FORM CONFIRMING THAT THEY HAVE READ THE MUSEUM'S CONFLICT OF INTEREST POLICY. ALSO, THE EMPLOYEE HANDBOOK SPELLS OUT THE MUSEUM'S EMPLOYEE CONFLICT OF INTEREST POLICY AND EMPLOYEES ARE REQUIRED TO SIGN A FORM INDICATING THAT THEY HAVE READ AND UNDERSTAND THE REQUIREMENTS OF THE HANDBOOK. FORM 990, PART VI, SECTION B, LINE 15 THE JOINT EXECUTIVE COMPENSATION COMMITTEE, CONSISTING OF EQUAL NUMBERS OF MISSOURI HISTORICAL SOCIETY TRUSTEES AND MISSOURI HISTORY MUSEUM SUBDISTRICT COMMISSIONERS, HAD THE RESPONSIBILITY OF REVIEWING AND RECOMMENDING THE COMPENSATION OF THE PRESIDENT OF THE MISSOURI HISTORICAL SOCIETY/MISSOURI HISTORY MUSEUM. THE JOINT EXECUTIVE COMPENSATION COMMITTEE IS CHAIRED BY THE CHAIRMAN OF THE MISSOURI HISTORY MUSEUM SUBDISTRICT. THE CURRENT PRESIDENT BEGAN WORK ON APRIL 15, 2014 UNDER A COMPENSATION AGREEMENT PREPARED BY THE JOINT EXECUTIVE COMPENSATION COMMITTEE AND APPROVED BY THE BOARD OF TRUSTEES. THE REVIEW AND APPROVAL OF THE COMPENSATION FOR THE PRESIDENT AND SENIOR MANAGEMENT IS CONDUCTED IN ACCORDANCE WITH SECTION 4958 OF THE INTERNAL REVENUE CODE WITH RESPECT TO THE COMPARABLE INSTITUTIONS, BOTH LOCALLY AND NATIONALLY, AS WELL AS A REVIEW OF THE PERFORMANCE OF EACH MANAGER. THE JOINT EXECUTIVE COMPENSATION COMMITTEE HOLDS AT LEAST TWO MEETINGS ANNUALLY, ONE TO REVIEW COMPARABLE INFORMATION, PERFORMANCE, AND TO DEVELOP RECOMMENDATIONS, AND THE SECOND MEETING IS TO CONFIRM THAT DECISION PRIOR TO REPORTING TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE ON-LINE ON THE MUSEUM'S WEBSITE OR UPON REQUEST. FORM 990, PART XI, LINE 9: SPLIT INTEREST CHANGE IN VALUE EXPENSE -39,426.