2015-02-12T13:58:26-06:00 2014-08-31 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 777 E WISCONSIN AVENUE 32ND FLOOR MILWAUKEE WI 53202 990 2013-09-01 391723105 MILWAUKEE PUBLIC MUSEUM INC MILW 4142786939 800 W WELLS STREET MILWAUKEE WI 53233 DENNIS KOIS PRESIDENT 4142786939 2015-02-11 1 TROY E MARINE CPA P00187863 4147775500 2015-02-11 2013 2016-03-07 17:11:31Z DENNIS KOIS 800 W WELLS STREET MILWAUKEE WI 53233 12749491 0 X WWW.MPM.EDU X 1992 WI THE MILWAUKEE PUBLIC MUSEUM INSPIRES CURIOSITY, EXCITES MINDS AND INCREASES DESIRE TO PRESERVE AND PROTECT OUR WORLD'S NATURAL AND CULTURAL DIVERSITY THROUGH EXHIBITIONS, EDUCATIONAL PROGRAMS, COLLECTIONS AND RESEARCH. 29 29 226 403 3006 0 15579355 8039301 4287948 3552174 9294 24622 216163 214848 20092760 11830945 0 0 0 0 10090699 7447297 0 0 1196929 5804005 5464246 15894704 12911543 4198056 -1080598 22021762 21057694 11216697 8109932 10805065 12947762 THE MILWAUKEE PUBLIC MUSEUM INSPIRES CURIOSITY, EXCITES MINDS AND INCREASES DESIRE TO PRESERVE AND PROTECT OUR WORLD'S NATURAL AND CULTURAL DIVERSITY THROUGH EXHIBITIONS, EDUCATIONAL PROGRAMS, COLLECTIONS AND RESEARCH. 0 0 9484647 3580449 THE MILWAUKEE PUBLIC MUSEUM, INC. OPERATES A NATURAL HISTORY MUSEUM WHICH FOCUSES ON EXHIBITS, PUBLIC PROGRAMMING AND RESEARCH IN THE NATURAL SCIENCES, ANTHROPOLOGY AND HISTORY. THE MILWAUKEE PUBLIC MUSEUM, INC. UNIQUELY AND DIRECTLY ADDRESSES THE THEMES OF BIOLOGICAL AND CULTURAL DIVERSITY AND THEIR INTERRELATIONSHIPS. THE MILWAUKEE PUBLIC MUSEUM, INC. PRESERVES AND CARES FOR ITS COLLECTIONS HELD IN PUBLIC TRUST. THROUGH RESEARCH AND COLLECTIONS, THE MILWAUKEE PUBLIC MUSEUM INC. SEEKS KNOWLEDGE AND UNDERSTANDING OF GLOBAL CHANGE AND DIVERSITY FROM GEOLOGICAL, BIOLOGICAL, CULTURAL AND HISTORICAL PERSPECTIVES. THROUGH ITS RENOWNED EXHIBITS, ITS PROGRAMS AND ITS PUBLICATIONS, THE MILWAUKEE PUBLIC MUSEUM, INC. INTERPRETS THESE THEMES TO DIVERSE AUDIENCES. 9484647 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 64 2 226 1 1 1 0 0 0 0 1 1 0 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 WI X X MICHAEL BERNATZ 4142786939 800 W WELLS STREET MILWAUKEE WI 53233 ALEXANDER FRASER BOARD MEMBER 1.00 X 0 0 0 BETSY BROWN WYATT BOARD MEMBER 1.00 X 0 0 0 BEVERLY SMILEY BOARD MEMBER 1.00 X 0 0 0 BRIDIE A FANNING BOARD MEMBER 1.00 X 0 0 0 CHARLES I HENDERSON ASST SECRETARY/ ASST TREASURER 1.00 X X 0 0 0 COLIN BOYD BOARD MEMBER 1.00 X 0 0 0 DEMOND A MEANS PHD BOARD MEMBER 1.00 X 0 0 0 ESSIE WHITELAW VICE CHAIRMAN 1.00 X X 0 0 0 GERARD A RANDALL JR BOARD MEMBER 1.00 X 0 0 0 JAMES LUIGI SCHMITT BOARD MEMBER 1.00 X 0 0 0 JAMES T BARRY III BOARD MEMBER 1.00 X 0 0 0 JASON ALLEN BOARD MEMBER 1.00 X 0 0 0 JAY C MACK BOARD MEMBER 1.00 X 0 0 0 JAY WILLIAMS TERM AS CEO 614 CHAIRMAN 1.00 X X 191738 0 21593 JON W HOPKINS BOARD MEMBER 1.00 X 0 0 0 KHALIF RAINEY BOARD MEMBER 1.00 X 0 0 0 LYDIA CHARTRE SECRETARY 1.00 X X 0 0 0 MARY ELLEN PINDYCK BOARD MEMBER 1.00 X 0 0 0 MICHAEL G CARTER VICE CHAIRMAN 1.00 X X 0 0 0 PJ DISTEFANO BOARD MEMBER 1.00 X 0 0 0 PATRICIA J HOBEN BOARD MEMBER 1.00 X 0 0 0 PATRICIA YUNK BOARD MEMBER 1.00 X 0 0 0 SARA J WALKER TREASURER 1.00 X X 0 0 0 SCOTT C BEIGHTOL BOARD MEMBER 1.00 X 0 0 0 SUSAN FRONK BOARD MEMBER 1.00 X 0 0 0 SUSAN MARTIN BOARD MEMBER 1.00 X 0 0 0 THAD NATION BOARD MEMBER 1.00 X 0 0 0 TIMOTHY P BYRNE BOARD MEMBER 1.00 X 0 0 0 WILLARD T WALKER BOARD MEMBER 1.00 X 0 0 0 DENNIS KOIS PRESIDENT/CEO 40.00 X 0 0 0 ELLEN CENSKY SR. VP OF MUSEUM PROGRAMS 40.00 X 158330 0 14562 KAREN L SPAHN SR. VP OF DEVELOPMENT 40.00 X 169888 0 20448 MARY BRIDGES VP OF MARKETING & COMMUNICATIONS 40.00 X 114991 0 17534 MICHAEL BERNATZ SR. VP OF FINANCE/CFO 40.00 X 152818 0 22437 787765 0 96574 5 0 1 0 IDEUM INC 2469 CORRALES RD CORRALES NM 87048 DEVELOP & IMPLEMENT INTERACTIVE EXHIBIT 209009 GRANDVIEW MANAGEMENT 613 N GRANDVIEW BLVD WAUKESHA WI 53188 CATERING, FOOD SERVICE AND SALES SUPPORT 121410 OTIS ELEVATOR PO BOX 73579 CHICAGO IL 60673 MAINTENANCE, SERVICE AND REPAIR OF ELEVA 116572 LAMAR COMPANIES PO BOX 96030 BATON ROUGE LA 70896 ADVERTISING - BILLBOARDS 110600 4 258596 3765889 4014816 70151 8039301 MUSEUM ADMISSIONS 713990 1950514 1950514 MEMBERSHIP REVENUE 713990 843097 843097 IMAX ADMISSIONS 713990 466224 466224 PROGRAM 713990 157081 157081 RESTAURANT 713990 135258 135258 3552174 7081 7081 66109 63103 3006 3006 3006 136950 119409 17541 17541 17541 219367 258596 198012 21355 21355 8350 0 8350 8350 566297 538022 28275 28275 OTHER INCOME 713990 153862 153862 153862 11830945 3580449 3006 208189 1042905 310623 546616 185666 4713192 3781648 519039 412505 297097 297097 990870 570753 317212 102905 403233 294788 69461 38984 36464 36464 54475 54475 1352 1352 381596 156895 32107 192594 512644 475275 13027 24342 756750 715273 34675 6802 1065092 1065092 37946 18053 14273 5620 156717 5101 151616 1180197 1180197 107468 107468 MAINTENANCE 727366 722530 4836 PRINTING 160051 30217 379 129455 MISCELLANEOUS 158592 113376 25071 20145 POSTAGE & SHIPPING 127536 44826 4799 77911 12911543 9484647 2229967 1196929 2783938 1467247 4184696 4236500 54894 98115 61979 72073 160026 141572 32172867 17407903 14514150 14764964 262079 277223 22021762 21057694 889191 1147424 1100311 1022032 2197000 1627000 7030195 4313476 11216697 8109932 X 4033714 6847381 6771351 6100381 10805065 12947762 22021762 21057694 X -1080598 13916 3209379 X X 0 1 X 1 0 X 6774608 7705744 9733292 15579355 8039301 47832300 6774608 7705744 9733292 15579355 8039301 47832300 2054847 45777453 7925 10472 7532 7139 7081 40149 1084003 11003836 231383 77035 153862 12550119 60422568 23817657 0.75760 0.76850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 7081426 30000 874703 390000 9351 33465 7553313 6996268 26134 702432 605000 5935 32473 7081426 7179125 30747 472708 650000 3260 33052 6996268 6415530 130027 637281 1413 2300 7179125 5130389 1104600 228426 39004 6331 2550 6415530 0.39000 0.51000 0.10000 0 1 1 19508737 9311277 10197460 11344519 8096626 3247893 1319611 1319611 14764964 INTEREST PAYABLE 11856 ACCRUED PENSION AND POSTRETIREMENT BENEFITS 2737718 DUE TO OTHER ENTITIES 622766 INTEREST RATE SWAP LIABILITY 133251 LINE OF CREDIT 750000 CAPITAL LEASES 57885 4313476 X 16102514 13916 312471 545140 871527 15230987 1352 -3401394 -3400042 11830945 13959817 312471 799137 1111608 12848209 1352 61982 63334 12911543 PART III, LINE 1A: THE COUNTY HAS LEGAL TITLE TO MPM, INC.'S BUILDING, EXHIBITS AND ARTIFACTS, INCLUDING ANY BUILDING ADDITIONS AND IMPROVEMENTS FUNDED BY THE COUNTY OR MPM, INC. ALL SUCH ASSETS ARE LEASED TO MPM, INC. UNDER A LONG-TERM LEASE. MPM, INC. HAS NOT RECORDED THE BUILDING AND EXHIBITS FROM THE LONG-TERM LEASE IN ITS CONSOLIDATED FINANCIAL STATEMENTS AS THE VALUE CANNOT BE DETERMINED. MPM, INC. CAPITALIZES BUILDING ADDITIONS, IMPROVEMENTS AND EXHIBIT COSTS WHEN MPM, INC. IS OBLIGATED TO PAY FOR THOSE CAPITAL ITEMS INCLUDING THE IMAX THEATER, THE BUTTERFLY WING, THE CONCOURSE, THE GARDEN GALLERY, GIFT SHOPS AND RESTAURANTS. THESE ASSETS WILL REVERT TO THE COUNTY IF MPM, INC. WERE TO VACATE THE FACILITY. MPM, INC. AMORTIZES THESE COSTS OVER THEIR ANTICIPATED USEFUL LIVES. PART V, LINE 4: TO SUPPORT THE EXEMPT PURPOSE OF THE MILWAUKEE PUBLIC MUSEUM. PART X, LINE 2: THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS, ONLY IF THERE IS SUBSTANTIAL AUTHORITY THAT THE POSITION WILL BE UPHELD BASED ON THE TECHNICAL MERITS OF THE POSITION. THE ORGANIZATION DOES NOT BELIEVE THAT IT HAS ANY UNCERTAIN TAX POSITIONS AT AUGUST 31, 2014 AND 2013. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 63,103. COST OF GOODS SOLD 538,022. SPECIAL EVENT EXPENSES 198,012. NET CHANGE IN INTEREST SWAP LIABILITY 43,100. PENSION AND POST-RETIREMENT BENEFIT -297,097. PART XI, LINE 4B - OTHER ADJUSTMENTS: ACTUARIAL LOSS ON POST-RETIREMENT BENEFITS -3,401,394. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 63,103. COST OF GOODS SOLD 538,022. FOM SPECIAL EVENT EXPENSES 198,012. PART XII, LINE 4B - OTHER ADJUSTMENTS: EMPLOYER CONTRIBUTION - HEALTH 61,982. GALA 343940 179990 163950 5000 73118 4583 67122 FOOD & FROTH 134023 78606 55417 15926 3250 29013 477963 258596 219367 5000 89044 7833 96135 198012 21355 X X X X 0 0 0 0 0 0 0 0 0 JAY WILLIAMS TERM AS CEO 614 CHAIRMAN 191738 0 0 0 0 0 10870 0 10723 0 213331 0 0 0 ELLEN CENSKY SR. VP OF MUSEUM PROGRAMS 158330 0 0 0 0 0 8872 0 5690 0 172892 0 0 0 KAREN L SPAHN SR. VP OF DEVELOPMENT 169888 0 0 0 0 0 9725 0 10723 0 190336 0 0 0 MICHAEL BERNATZ SR. VP OF FINANCE/CFO 152818 0 0 0 0 0 8872 0 13565 0 175255 0 0 0 X 167 IN-KIND X IN-KIND X 11 70151 FMV X 102 IN-KIND X 42 IN-KIND X 42 IN-KIND 0 1 0 PART I, LINE 33: MILWAUKEE COUNTY HAS LEGAL TITLE TO THE MILWAUKEE PUBLIC MUSEUM, INC. (MPM, INC.) EXHIBITS AND ARTIFACTS, INCLUDING ALL NON-CASH ITEMS ADDED TO THE PERMANENT COLLECTION. ALL SUCH ASSETS ARE LEASED TO MPM, INC. UNDER A LONG-TERM LEASE. THE ASSET VALUE CANNOT BE DETERMINED, THEREFORE THE REVENUE AND ASSETS ARE NOT INCLUDED ON MPM, INC.'S FINANCIAL STATEMENTS AND AS SUCH NO REVENUE FOR THE ITEMS IS INCLUDED ON SCHEDULE M. FORM 990, PART VI, SECTION B, LINE 11 THE CFO AND CONTROLLER WILL REVIEW THE PREPARED RETURNS. THE RETURNS WILL BE REVIEWED BY THE AUDIT AND FINANCE COMMITTEE PRIOR TO SUBMISSION TO THE APPROPRIATE TAXING AUTHORITIES. IN ADDITION, EACH MEMBER OF THE BOARD OF DIRECTORS WILL RECEIVE AN ELECTRONIC COPY OF THE IRS FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE BOARD AND MEMBERS OF THE MUSEUM MANAGEMENT ARE REQUIRED TO COMPLETE AND SIGN A REPORT ON POTENTIALLY CONFLICTING INTERESTS AND THE GOVERNANCE COMMITTEE IS REQUIRED TO SHARE THE RESPONSES WITH THE BOARD EACH YEAR. A MOTION IS MADE TO ACCEPT THE REPORT AND IS VOTED ON. FORM 990, PART VI, SECTION B, LINE 15 THE HUMAN RESOURCES COMMITTEE DETERMINES THE SALARY LEVELS FOR OFFICERS BASED ON REVIEWS OF SALARY STUDIES FROM MRA AND MIDWEST ASSOCIATION OF MUSEUMS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, BOARD MINUTES, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AS REQUIRED BY THE OPEN RECORDS LAW. THE CONFLICT OF INTEREST DISCLOSURE IS READ INTO THE MINUTES ANNUALLY. FORM 990, PART XI, LINE 9: NET CHANGE IN INTEREST SWAP LIABILITY 43,100. ACTUARIAL LOSS ON POST-RETIREMENT BENEFITS 3,104,297. EMPLOYER CONTRIBUTION - HEALTH 61,982. FORM 990, PART XI, LINE 2C NO CHANGES WERE MADE FROM THE PRIOR YEAR. MILWAUKEE PUBLIC MUSEUM ENDOWMENT FUND 800 W WELLS STREET MILWAUKEE WI 532331478 237055827 SUPPORTING THE CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES OF THE MPM. WI 501(C)(3) 11, TYPE 1 MILWAUKEE PUBLIC MUSEUM INC 1 0 0 1 0 1 0 0 0 0 0 0 1 0 1 1 0 0 0 0 MILWAUKEE PUBLIC MUSEUM ENDOWMENT FUND E 2377000 FMV