2015-02-03T09:11:59-06:00 2014-06-30 McPhillips Roberts & Deans PLC 150 Boush Street Suite 1100 Norfolk VA 23510 990 2013-07-01 510243196 THE CHRYSLER MUSEUM INCORPORATED % THE MUSEUM CHRY 7576646200 ONE MEMORIAL PLACE Suite NORFOLK VA 23510 ERIK NEIL EXECUTIVE DIRECTOR 7573336231 2015-01-09 true Joy M Bixler P00558955 7573336231 2013 2016-02-25 16:41:14Z ERIK NEIL ONE MEMORIAL PLACE NORFOLK VA 23510 22192669 false X WWW.CHRYSLER.ORG X 1939 VA THE CHRYSLER MUSUEM OF ART IS AN EDUCATIONAL INSTITUTION PROVIDING VISITORS OPPORTUNITIES TO GAIN INSIGHT INTO THEMSELVES AND THEIR WORLD THROUGH ORIGINAL WORKS OF ART. 27 27 112 225 -19088 -26666 7934659 10931983 587336 651896 2638028 2996458 74273 -45313 11234296 14535024 0 0 0 0 3673508 3960180 0 0 1426638 12247292 14284226 15920800 18244406 -4686504 -3709382 79401200 91539043 6295387 16953801 73105813 74585242 X THE CHRYSLER MUSUEM OF ART IS AN EDUCATIONAL INSTITUTION WHOSE PROGRAMS ARE DESIGNED TO ENABLE VISITORS TO GAIN INSIGHT INTO THEMSELEVES AND THEIR WORLD THROUGH THE MEDIUM OF ORIGINAL WORKS OF ART. THE MUSEUM COLLECTS, PRESERVES, DISPLAYS AND INTERPRETS ORIGINAL WORKS OF ART FOR THE ENJOYMENT AND EDUCATION OF A DIVERSE CONSTITUENCY. THE CHRYSLER MUSEUM EXISTS TO ENRICH AND TRANSFORM LIVES. WE BRING ART AND PEOPLE TOGETHER THROUGH EXPERIENCES THAT DELIGHT, INFORM AND INSPIRE. false false 5703724 651896 THE CHRYSLER MUSEUM OF ART IS AN EDUCATIONAL INSTITUTION WHOSE PROGRAMS ARE DESIGNED TO ENABLE VISITORS TO GAIN INSIGHTS INTO THEMSELVES AND THEIR WORLD THROUGH THE MEDIUM OF ORIGINAL WORKS OF ART. TO THIS END, THE MUSEUM COLLECTS, PRESERVES, DISPLAYS AND INTERPRETS ORIGINAL WORKS OF ART FOR THE ENJOYMENT AND EDUCATION OF A DIVERSE CONSTITUENCY. IN NOVEMBER 2011, THE MUSEUM OPENED A GLASS MAKING STUDIO ADJACENT TO ITS MAIN BUILDING. THE STUDIO OFFERS A FULL PROGRAM OF PUBLIC DEMONSTRATIONS AND CLASSES AS WELL AS A ROBUST SET OF EDUCATIONAL PARTNERSHIPS WITH REGIONAL COLLEGES AND UNIVERSITIES AND A DYNAMIC VISITING ARTIST PROGRAM. STUDIO PROGRAMMING IS DESIGNED TO COMPLEMENT AND ENRICH THE PUBLIC'S UNDERSTANDING AND APPRECIATION OF THE MUSEUM'S OUTSTANDING COLLECTION OF HISTORICAL GLASS. 10311115 IMPROVEMENTS AND ADDITIONS TRANSFERRED TO THE CITY OF NORFOLK 16014839 true true false false false false false true false true true true false false true false true false false false false false false false false false false false false true false false false false false false false false true true false false false false false false false true 63 0 false 112 true false false false false false true true false false false false X 27 27 false false false false false true false true true false false true true true true true true true true false VA X X X THE MUSEUM 7576646200 ONE MEMORIAL PLACE NORFOLK VA 23510 X MACON F BROCK TRUSTEE 0.2 X 0 0 0 ROBERT W CARTER TRUSTEE 0.2 X 0 0 0 DUDLEY ANDERSON TRUSTEE 0.2 X 0 0 0 DAVID R GOODE TRUSTEE 0.2 X 0 0 0 CARTHUR RUTTER III TRUSTEE 0.2 X 0 0 0 AUBREY L LAYNE JR TRUSTEE 0.2 X 0 0 0 TONY ATWATER TRUSTEE 0.2 X 0 0 0 EDITH G GRANDY TRUSTEE 0.2 X 0 0 0 ORIANA MCKINNON TRUSTEE 0.2 X 0 0 0 LINDA H KAUFMAN TRUSTEE 0.2 X 0 0 0 LISA B SMITH TRUSTEE 0.2 X 0 0 0 RICHARD D ROBERTS TRUSTEE 0.2 X 0 0 0 CAROLYN K BARRY TRUSTEE 0.2 X 0 0 0 RICHARD WAITZER TRUSTEE 0.2 X 0 0 0 ELIZABETH FRAIM TRUSTEE 0.2 X 0 0 0 THOMAS L STOKES JR TRUSTEE 0.2 X 0 0 0 LEWIS W WEBB III VICE-CHAIRMAN 5.0 X 0 0 0 HARRY T LESTER TRUSTEE 0.2 X 0 0 0 WAYNE F WILBANKS TRUSTEE 0.2 X 0 0 0 JOSEPH T WALDO TRUSTEE 0.2 X 0 0 0 PETER M MEREDITH JR CHAIRMAN 5.0 X 0 0 0 MARC JACOBSON TRUSTEE 0.2 X 0 0 0 SHIRLEY C BALDWIN TRUSTEE 0.2 X 0 0 0 LELIA GRAHAM WEBB SECRETARY 5.0 X 0 0 0 YVONNE T ALLMOND TRUSTEE 0.2 X 0 0 0 DEBORAH BUTLER TRUSTEE 0.2 X 0 0 0 PAMELA KLOEPPEL TRUSTEE 0.2 0.0 X 0 0 0 WILLIAM HENNESSEY EXECUTIVE DIRECTOR 40.0 X 226866 119006 226866 0 119006 1 false true false EXPLUS INC 44156 MERCURE CIRCLE DULLES VA 20166 MUSEUM EXPANSION 196123 LITELAB CORP 251 ELM ST BUFFALO NY 14203 LIGHTING DESIGN 342256 MERIDIAN GROUP 575 LYNNHAVEN PKWY VIRGINIA BEACH VA 23452 PR CONSULTING 198074 HONEYWELL 1766 MEADOW LAKE DR NORFOLK VA 23513 SECURITY UPGRADE 241410 KBS INC 8050 Kimway Drive RICHMOND VA 23228 CONSTRUCTION 8079286 11 X 995561 3001606 6934816 3218124 10931983 MUSEUM ADMISSIONS 900099 129 129 MUSEUM GIFT SHOP 453220 178565 178565 EDUCATIONAL PROGRAMS 900099 458674 458674 CATERING AND CAFE 900099 14528 14528 651896 3061375 -19088 3080463 0 0 77832 133955 -56123 0 -56123 -56123 7458773 7523690 -64917 -64917 -64917 0 0 0 MISCELLANEOUS 900099 10810 10810 10810 14535024 662706 -19088 2959423 X 0 0 0 0 237666 154483 47533 35650 0 3016857 2311610 346083 359164 0 475111 271165 160938 43008 230546 169177 35209 26160 0 0 0 0 0 0 0 168416 168416 0 0 0 0 0 0 0 0 0 199099 141449 29109 28541 121365 118091 1757 1517 ACCESSIONS 362514 362514 EXHIBITION FEES/INSTALLATION 166153 166153 UTILITIES 402760 392982 5248 4530 CONSULTING 700866 299527 85616 315723 12163053 11627688 91436 443929 18244406 16014839 802929 1426638 X 0 0 11672892 15167459 8147499 7589731 0 0 0 0 0 0 0 0 27521 142030 543135 578997 2150767 988484 855517 1162283 28599717 27884334 29411904 38896579 0 0 0 0 143015 117630 79401200 91539043 1710154 879784 0 0 41457 120420 0 0 0 0 0 0 3037000 14214972 0 0 1506776 1738625 6295387 16953801 X 19285119 14821986 21279271 26658424 32541423 33104832 73105813 74585242 79401200 91539043 -3709382 5188811 X false true X true false X 6552133 19877851 14659038 7934659 10931983 59955664 0 0 6552133 19877851 14659038 7934659 10931983 59955664 11157647 48798017 960955 666342 725732 2648171 3005252 8006452 0 183366 16186 20978 68891 10812 300233 68262349 3224501 0.71486 0.74408 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X false 64648719 990946 7198822 1865000 70973487 60850682 1739593 4290565 2232121 64648719 59751176 2206978 252995 1360467 60850682 44127310 10857199 4054255 1287588 57751176 40569017 1488344 3700438 1630489 44127310 0.37350 0.46644 0.16006 false false 2150767 988484 1162283 1162283 CANYON CAP VALUE REALIZATION 2781973 F COLCHESTER GLOBAL BOND FUND 3173230 F TIFF ABSOLUTE RETURN POOL II 4019560 F FORESTER DIVERSIFIED 1987355 F PRIVATE ADV DISTRESSED OPPOR. 76422 F PRIVATE ADVISORS SMALL CO. 1098056 F TIFF PARTNERS V-US 363188 F GMO FORESTRY FUND 8 554205 F TIFF MULTI-ASSET FUND 12194962 F P2 CAPITAL FUND CLASS A 1156789 F GMO MA INVESTORS FUND 1 699719 F PROPERTY INVESTMENTS ADVISORS 244581 F METRO. REAL ESTATE PARTNERS 579331 F KILTEARN GLOBAL EQUITY FUND 4006729 F MA EQUITY OPPORTUNITY FUND 4850000 F MA REAL ASSETS FUND 2 1110479 F 38896579 0 ACCRUED EXPENSES/OTHER LIABILI 1738625 1738625 19857790 5188811 133955 5322766 14535024 14535024 18378361 133955 133955 18244406 18244406 PART III, LINE 1A: IN CONFORMITY WITH THE PRACTICE FOLLOWED BY MOST MUSEUMS, THE CHRYSLER'S ART COLLECTION IS NOT PRESENTED IN THE ACCOMPANYING STATEMENTS OF FINANCIAL POSITION. THE VALUE OF ITEMS PURCHASED BY THE MUSEUM FOR THE ADDITION TO THE COLLECTION AND THE PROCEEDS FROM OBJECTS DEACCESSIONED AND SOLD ARE REPORTED AS NON-OPERATING ACTIVITIES IN THE ACCOMPANYING STATEMENTS OF ACTIVITIES. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS. THE MUSEUM IS COMMITTED TO APPLYING THE HIGHEST PROFESSIONAL STANDARDS TO THE CARE AND PRESERVATION OF ITS UNIQUE COLLECTION. EACH OF THE ITEMS IS CATALOGED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. ACCESSIONS AND DEACCESSIONS ARE APPROVED BY THE MUSEUM'S BOARD OF TRUSTEES AND THE PROCEEDS FROM DEACCESSIONS ARE USED SOLELY FOR THE ACQUISITION OF COLLECTION ITEMS. ADDITIONALLY, IN AN EFFORT TO MAINTAIN THE PURCHASING POWER OF SUCH PROCEEDS, THE BOARD HAS SIMILARILY DESIGNATED THE INVESTMENT INCOME EARNED ON THESE FUNDS. AS OF JUNE 30, 2014, THE MUSEUM'S COLLECTION WAS INSURED AT A LEVEL DEEMED APPROPRIATE BY MANAGEMENT. PART III, LINE 4 THE CHRYSLER IS ONE OF AMERICA'S MOST DISTINGUISHED ART MUSEUMS. LOCATED IN HAMPTON ROADS, A COMMUNITY OF 1.5 MILLION IN SOUTHEASTERN VIRGINIA, THE CHRYSLER WELCOMES 160,000 ANNUAL VISITORS FROM AROUND THE WORLD. THE CHRYSLER OPERATES ON AN ANNUAL BUDGET OF APPROXIMATELY $7 MILLION AND EMPLOYS A STAFF OF APPROXIMATELY 103. THE MUSEUM IS HOME TO A WORLD-CLASS COLLECTION OF OVER 30,000 PAINTINGS, SCULPTURES, PHOTOGRAPHS, AND DECORATIVE ARTS PRIMARILY ASSEMBLED BY INDUSTRIALIST WALTER P. CHRYSLER, JR. THE MUSEUM IS PARTICULARLY WELL KNOWN FOR ITS GLASS COLLECTION, ONE OF THE FINEST AND MOST COMPREHENSIVE ANYWHERE. THE MUSEUM ALSO ADMINISTERS TWO HISTORIC HOUSES, THE MOSES MYERS HOUSE AND THE WILLOUGHBY-BAYLOR HOUSE, AS WELL AS A GLASS MAKING STUDIO, ALL OF WHICH ARE LOCATED IN DOWNTOWN NORFOLK. IN ADDITION TO ITS FINE PERMANENT COLLECTION, THE MUSEUM PRESENTS EACH YEAR A DYNAMIC SCHEDULE OF CHANGING EXHIBITIONS AND A WIDE VARIETY OF INTERPRETIVE PROGRAMS. EACH IS DESIGNED TO MAKE THE WORKS ON VIEW IN THE MUSEUM GALLERIES ACCESSIBLE AND MEANINGFUL TO DIVERSE AUDIENCES. THE CHRYSLER MUSEUM GLASS STUDIO IS AN EDUCATIONAL TOOL THAT OFFERS THE PUBLIC AN EXPERIMENTAL APPROACH TO THE EXCITING PROPERTIES OF GLASS. THIS ADDITION TO THE MUSEUM COMPLEMENTS OUR COMPREHENSIVE GLASS COLLECTION WITH AN ENGAGING APPROACH THAT DEMONSTRATES THE MANY GLASS PROCESSES USED TO CREATE THESE EXTRAORDINARY OBJECTS. PART XI 2D AND PART XII 2D RENTAL EXPENSES X X false false false false false false false false false WILLIAM HENNESSEY EXECUTIVE DIRECTOR 226866 0 0 105763 13243 345872 X 44 0 X 23 404965 false true false SCHEDULE M, PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF ITEMS RECEIVED. SCHEDULE M, LINE 33 IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPALS, THE MUSEUM DOES NOT RECORD CONTRIBUTIONS OF ART AS REVENUE. FORM 990, PART VI, SECTION B, LINE 12C TO ENSURE THAT THE MUSUEM OPERATES IN A MANNER CONSISTENT WITH ITS MISSION AND THAT IT DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, ANNUAL COMPLIANCE REVIEWS SHALL BE CONDUCTED. THESE REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING: A. WHETHER COMPENSATION AGREEMENTS AND BENEFITS OFFERED TO STAFF ARE REASONABLE, BASED ON COMPETENT SURVEY DATA, AND ARE AWARDED IN ACCORDANCE WITH ESTABLISHED POLICIES. B. WHETHER ANY PARTNERSHIPS, JOINT VENTURES, AND BUSINESS ARRANGEMENTS UNDERTAKEN BY THE MUSEUM CONFORM TO WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENT FOR GOODS AND SERVICES, AND FURTHER THE EDUCATIONAL PURPOSES OF THE MUSEUM. FORM 990, PART VI, SECTION B, LINE 11b THE MUSEUM DIRECTOR SHALL ENSURE THAT TAX RETURNS AND OTHER GOVERNEMENT-ORDERED PAYMENTS OR REPORTS ARE FILED IN A TIMELY AND ACCURATE MANNER. THE MUSEUM'S TRUSTEE AUDIT COMMITTEE SHALL REVIEW AND APPROVE THE CHRYSLER'S IRS FORM 990 ANNUAL TAX FILING PRIOR TO SUBMISSION. THE MUSEUM DIRECTOR SHALL THEN SIGN AND CERTIFY THAT THE MUSEUM'S IRS FORM 990 IS ACCURATE AND COMPLETE. COPIES OF THE PUBLIC DISCLOSURE IRS FORM 990 WILL BE DISTRIBUTED TO THE FULL BOARD AT THE NEXT SCHEDULED BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 STAFF COMPENSATION: ON AN ANNUAL BASIS, THE MUSEUM WILL PRICE POSITIONS TO MARKET BY USING LOCAL, NATIONAL, AND INDUSTRY SPECIFIC SURVEY DATA. THE MARKET DATA WILL TO THE EXTENT POSSIBLE, INCLUDE MUSEUMS AND OTHER NOT FOR PROFIT CULTURAL INSTITUTIONS; HOWEVER, THE MUSEUM WILL ALSO USE MORE GENERALIZED SURVEY DATA. MUSEUM DIRECTOR'S COMPENSATION: THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES WILL REVIEW AND APPROVE AN ANNUAL COMPENSATION PLAN FOR THE MUSUEM DIRECTOR INCLUDING BOTH DIRECT AND INDIRECT COMPENSATION. LIKE ALL POSITIONS AT THE CHRYSLER MUSEUM, AND FOLLOWING THE SAME MARKET-DRIVEN MODEL, THE MUSEUM'S DIRECTOR'S DIRECT COMPENSATION IS BASED ON THE CURRENT MARKET VALUE OF THE POSITION BASED ON THE SKILLS, KNOWLEDGE AND REQUIRED BEHAVIORS. IN ADDITION TO WAGES, THE MUSEUM DIRECTOR MAY BE AWARDED ADDITIONAL ALLOWANCES TO COVER AUTOMOBILE EXPENSES OR A PERFORMANCE-BASED BONUS. A WRITTEN PERFORMANCE APPRAISAL WILL BE COMPLETED FOR THE MUSEUM DIRECTOR EACH YEAR TO SUBSTANTIATE THE ENTIRE COMPENSATION PACKAGE. BOTH THE PERFORMANCE APPRAISAL AND ANY PAY INCREASE WILL BE APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICTS OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR VIEWING AT WWW.CHRYSLER.ORG FORM 990, PART XII, LINE 2C THE AUDIT COMMITTEE OF THE BOARD HAS RESPONSIBILITY FOR OVERSIGHT OF THE ANNUAL AUDIT AND SELECTION OF THE INDEPENDENT AUDITORS. THIS POLICY HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF THE CHRYSLER MUSEUM IS COMPOSED OF TWENTY-SEVEN (27) TRUSTEES. THE COUNCIL OF THE CITY OF NORFOLK APPOINTS FIFTEEN (15) OF THE TRUSTEES. THE BOARD OF THE NORFOLK SOCIETY OF ARTS ELECTS TWO (2) OF THE TRUSTEES. TEN (10) TRUSTEES ARE ELECTED BY THOSE TRUSTEES WHO ARE NEITHER APPOINTED BY THE COUNCIL OF THE CITY OF NORFOLK NOR ELECTED BY THE BOARD OF THE NORFOLK SOCIETY OF THE ARTS. FORM 990, PART XI, LINE 5 NET UNREALIZED GAINS (LOSSES) ON INVESTMENTS FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:REPAIRS AND MAINTENANCE TOTAL EXPENSES:303644 PROGRAM SERVICES:295373 MANAGEMENT AND GENERAL:4439 FUNDRAISING:3832 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:MISCELLANEOUS TOTAL EXPENSES:335535 PROGRAM SERVICES:169555 MANAGEMENT AND GENERAL:52413 FUNDRAISING:113567 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:COMPUTER SERVICES TOTAL EXPENSES:76947 PROGRAM SERVICES:55906 MANAGEMENT AND GENERAL:2145 FUNDRAISING:18896 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:PRINTING & PUBLICATIONS TOTAL EXPENSES:122717 PROGRAM SERVICES:25871 MANAGEMENT AND GENERAL:903 FUNDRAISING:95943 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:SUPPLIES TOTAL EXPENSES:311466 PROGRAM SERVICES:296749 MANAGEMENT AND GENERAL:8947 FUNDRAISING:5770 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:TELEPHONE TOTAL EXPENSES:52672 PROGRAM SERVICES:44445 MANAGEMENT AND GENERAL:4104 FUNDRAISING:4123 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:COST OF SALES TOTAL EXPENSES:112332 PROGRAM SERVICES:112332 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:DONOR STEWARDSHIP, TRAVEL TOTAL EXPENSES:322368 PROGRAM SERVICES:139510 MANAGEMENT AND GENERAL:17094 FUNDRAISING:165764 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:TEMPORARY EMPLOYEES TOTAL EXPENSES:214257 PROGRAM SERVICES:176832 MANAGEMENT AND GENERAL:1391 FUNDRAISING:36034 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:MESEUM EXPANSION TOTAL EXPENSES:10311115 PROGRAM SERVICES:10311115