2015-07-24T12:34:16-05:00 2014-12-31 390758449 WIPFLI LLP PO BOX 8700 MADISON WI 537088700 990 2014-01-01 390785483 PAINE ART CENTER & GARDENS INC PAIN 9202356903 1410 ALGOMA BOULEVARD OSHKOSH WI 54901 AARON SHERER EXECUTIVE DIRECTOR 9202356903 2015-06-22 1 JOHN HEMMING P00856805 6082741980 2015-06-22 2014 2016-03-07 17:11:31Z AARON SHERER 1410 ALGOMA BOULEVARD OSHKOSH WI 54901 1256901 0 X WWW.THEPAINE.ORG X 1946 WI CONSERVE, PRESENT AND ENHANCE THE HISTORIC HOUSE, GARDENS, ART COLLECTIONS AND EXHIBITIONS. 24 24 60 275 14056 12025 263126 468794 488169 467612 -16606 489 207547 216045 942236 1152940 0 0 0 0 656235 700805 0 0 95628 1124589 1039144 1780824 1739949 -838588 -587009 20562129 20145976 1596969 1573084 18965160 18572892 X PAINE ART CENTER & GARDENS, INC. IS A HISTORIC ESTATE THAT SERVES AS A MULTI-FACETED MUSEUM FOR LEARNING AND INSPIRATION. THE CORE PURPOSES OF THE ORGANIZATION ARE TO SUSTAIN THE CARE OF THE HISTORIC ARCHITECTURE, COLLECTIONS, AND GARDENS; TO OFFER CULTURALLY ENRICHING EXPERIENCES WITHIN THE BEAUTIFUL SETTINGS; AND TO INSPIRE PEOPLE TO ENJOY, CREATE, AND SHARE BEAUTY IN THEIR DAILY LIVES. 0 0 445488 0 483866 COLLECTIONS AND EXHIBITIONS - PAINE ART CENTER & GARDENS, INC. PROVIDES PLANNING, TRANSPORTATION, DESIGN, AND INSTALLATION OF EXHIBITIONS. IT IS ALSO RESPONSIBLE FOR PRESERVING MUSEUM COLLECTIONS. THE ORGANIZATION HAS A LONG HISTORY OF PRESENTING EXCEPTIONAL EXHIBITIONS SPANNING CLASSICAL TO CONTEMPORARY ART. THE HISTORIC PAINE PROPERTY HOLDS A COLLECTION OF MORE THAN A THOUSAND ARTWORKS, INCLUDING PAINTINGS, SCULPTURES, FURNISHINGS, AND DECORATIVE OBJECTS. THE ROOMS AND HALLWAYS OF THE PAINE MANSION DISPLAY ITEMS FROM NATHAN AND KIMBERLY PAINES' COLLECTION OF FINE ARTS AND DECORATIVE OBJECTS, MOST NOTABLY, FRENCH BARBIZON AND AMERICAN LANDSCAPE PAINTINGS FROM THE LATE 19TH AND EARLY 20TH CENTURIES, PRIMARILY PURCHASED IN THE MID-1920'S.THE ESTATE'S GARDENS ALSO FEATURE SEVERAL SCULPTURES AS FOCAL POINTS OF THE OUTDOOR "GALLERIES." WHILE A MAJORITY OF THE COLLECTION WAS ACQUIRED BY THE PAINES, IT HAS ALSO GROWN SUBSTANTIALLY THROUGH DONATIONS AND PURCHASES WHILE CONTINUING TO REFLECT THE SUBJECTS AND SPIRIT OF THE FOUNDER'S ORIGINAL GIFT. 270338 0 0 EXTERNAL RELATIONS - THE ORGANIZATION COMPILES AND DISTRIBUTES ALL INFORMATION FOR COMMUNICATION TO THE PUBLIC. 120126 0 0 GARDENS - THE ORGANIZATION MAINTAINS, PRESERVES, AND INTERPRETS THE HORTICULTURAL COLLECTION. THE PAINE ESTATE FEATURES TWENTY GARDEN AREAS FOR PUBLIC ENJOYMENT AND EDUCATION. IN CONCERT WITH THE HISTORIC ARCHITECTURE, THE GARDEN DESIGNS CREATE OUTDOOR "ROOMS" SHOWCASING A WIDE VARIETY OF PLANTS. LIKE THE PAINE MANSION'S ROOMS AND GALLERIES, THE GARDENS ARE DESIGNED TO CREATE A VARIETY OF INTIMATE AND GRAND SETTINGS.SET AGAINST THE BACKDROP OF THE MANSION, THE GARDENS SHOWCASE PERENNIALS THAT ARE ESPECIALLY HARDY IN WISCONSIN'S CLIMATE AS WELL AS TREES, SHRUBS AND WILDFLOWERS NATIVE TO THE STATE. DISPLAYS OF ANNUALS AND BULBS CHANGE EACH YEAR AND PRESENT NEW VARIETIES AND UNUSUAL COMBINATIONS TO INSPIRE EVERY LEVEL OF GARDEN ENTHUSIAST. 51138 0 23096 EDUCATION -THE ORGANIZATION DEVELOPS AND ADMINISTERS EDUCATIONAL AND INTERPRETIVE PROGRAMS. 4144 0 0 VOLUNTEER SERVICES - THE ORGANIZATION IS RESPONSIBLE FOR DEVELOPING AND MAINTAINING THE VOLUNTEER PROGRAM. YOU WILL FIND OUR ENTHUSIASTIC VOLUNTEERS CONTRIBUTING IN COUNTLESS WAYS THROUGHOUT THE ENTIRE ESTATE. SOME VOLUNTEERS WARMLY WELCOME GUESTS, OTHERS PARTICIPATE IN CURATORIAL AND ARCHIVAL ACTIVITIES, STILL OTHERS ROLL UP THEIR SLEEVES AND GO TO WORK IN OUR ENCHANTING GARDENS. 55282 0 23096 891234 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 22 0 60 1 1 1 0 0 0 0 1 1 0 0 0 0 X 24 24 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 WI X DORIS PEITZ 9202356903 1410 ALGOMA BOULEVARD OSHKOSH WI 54901 JOHN BERMINGHAM TRUSTEE 1.00 X 0 0 0 KRISTY BRADISH TRUSTEE (THRU APRIL) 1.00 X 0 0 0 ANTOINETTE BRINKMAN TRUSTEE 1.00 X 0 0 0 MICHAEL J CASTLE TRUSTEE 1.00 X 0 0 0 THOMAS R COOPER TRUSTEE 1.00 X 0 0 0 ALLEN DAVIS TRUSTEE 1.00 X 0 0 0 DR LANE EARNS TRUSTEE 1.00 X 0 0 0 SEAN FITZGERALD TRUSTEE 1.00 X 0 0 0 JENNA GOLEM TRUSTEE 1.00 X 0 0 0 DOUG JARMUSZ TRUSTEE 1.00 X 0 0 0 KAROLA JUNGBACKER TRUSTEE 1.00 X 0 0 0 JOE MCCREERY TRUSTEE 1.00 X 0 0 0 JANE NEUFELDER TRUSTEE 1.00 X 0 0 0 DAVID L OMACHINSKI TRUSTEE 1.00 X 0 0 0 MARILYN POTTER TRUSTEE 1.00 X 0 0 0 TONY RENNING TRUSTEE 1.00 X 0 0 0 RANDALL SCHMIEDEL TRUSTEE 1.00 X 0 0 0 MICHAEL SCOTT TRUSTEE 1.00 X 0 0 0 BS SRIDHAR TRUSTEE (THRU APRIL) 1.00 X 0 0 0 ANN TREMBLY TRUSTEE 1.00 X 0 0 0 DAVE WILLEFORD TRUSTEE 1.00 X 0 0 0 BETH WYMAN TRUSTEE (THRU APRIL) 1.00 X 0 0 0 JASON LASKY PRESIDENT 10.00 X X 0 0 0 SUSAN HIRSCHBERG VICE PRESIDENT 10.00 X X 0 0 0 CATHERINE LUTHER TREASURER 10.00 X X 0 0 0 PEG WACHTEL SECRETARY 10.00 X X 0 0 0 TIMOTHY RAUPP PAST PRESIDENT 10.00 X X 0 0 0 AARON SHERER EXECUTIVE DIRECTOR 40.00 X 114902 0 10232 DORIS PEITZ BUSINESS MANAGER 40.00 X 59494 0 11435 174396 0 21667 1 0 0 0 0 84147 7360 377287 5087 468794 MEMBERSHIP DUES 713990 286990 286990 ADMISSIONS 713990 157526 157526 PROGRAM INCOME 713990 23096 23096 467612 356 356 140052 15875 4147 1819 135905 14056 149961 14056 135905 133 0 133 133 133 99425 84147 72691 26734 26734 64654 25304 39350 39350 1152940 506962 14056 163128 196063 100435 95628 442614 335738 106876 13871 10913 2958 3470 3470 44787 23470 21317 38684 38684 152 152 216108 215983 125 63960 44644 19316 6258 4782 1476 110992 59996 50996 2832 1489 1343 6083 2588 3495 44200 44200 346860 346860 33095 23009 10086 EXHIBITIONS 105098 105098 EDUCATION & OUTREACH 29713 29713 MEMBERSHIP SERVICES 18606 18606 ART ACQUISITION & CONSE 6085 6085 10418 5498 4920 1739949 891234 753087 95628 197076 124454 110695 300830 183373 139340 24404 17458 65423 76064 15048962 3280457 12015213 11768505 7965945 7719325 20562129 20145976 76519 69734 99450 82350 1421000 1421000 1596969 1573084 X 11611434 11239263 610903 590806 6742823 6742823 18965160 18572892 20562129 20145976 -587009 76953 117788 0 X 0 1 X 1 0 X 827117 1063408 2344014 263126 468794 4966459 827117 1063408 2344014 263126 468794 4966459 1591232 3375227 147517 159807 112060 135000 140408 694792 24129 14056 38185 5699436 2237815 0.59220 0.63600 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 7965945 121195 323573 44242 7719325 7341744 978967 308801 45965 7965945 6899644 786 796575 309113 46148 7341744 7281626 713 -61317 276314 45064 6899644 7125806 670 888013 688626 44237 7281626 0.58170 0.37860 0.03960 1 0 764292 764292 13664284 2872393 10791891 620386 408064 212322 11768505 BENEFICIAL INTEREST IN ASSETS HELD BY COMMUNITY FOUNDATIONS 7719325 F 7719325 X 1451642 76953 117788 194741 1256901 -103961 -103961 1152940 1843910 103961 103961 1739949 0 1739949 PART III, LINE 1A: PAINE ART CENTER & GARDENS, INC. (THE PAINE) POSSESSES DONATED INEXHAUSTIBLE COLLECTIONS OF WORKS OF ART, HISTORICAL TREASURES AND SIMILAR ASSETS. EACH OF THE ITEMS IS CATALOGUED FOR EDUCATIONAL AND CURATORIAL PURPOSES. PROCEDURES ARE EMPLOYED CONTINUOUSLY TO VERIFY THE CONDITION AND EXISTENCE OF EACH ITEM IN THE COLLECTION. THE ORGANIZATION'S INTENT IS TO PRESERVE AND MAINTAIN THEIR COLLECTION AND TO USE THE PROCEEDS FROM ANY SALES TO ACQUIRE OTHER ITEMS FOR THEIR COLLECTION. SUCH ASSETS ARE NOT RECOGNIZED ON THE ORGANIZATION'S STATEMENTS OF FINANCIAL POSITION SINCE THEY ARE HELD FOR PUBLIC INSPECTION, EDUCATION, AND/OR RESEARCH. ADDITIONALLY, BECAUSE THESE ASSETS ARE NOT RECOGNIZED ON THE ORGANIZATION'S STATEMENTS OF FINANCIAL POSITION, CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE STATEMENTS OF ACTIVITIES. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR ACQUIRED OR RELEASED FROM TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS HAVE BEEN RESTRICTED BY DONORS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. PART III, LINE 4: THE HISTORIC PAINE PROPERTY HOLDS A COLLECTION OF MORE THAN A THOUSAND ARTWORKS, INCLUDING PAINTINGS, SCULPTURES, FURNISHINGS, AND DECORATIVE OBJECTS. THE ROOMS AND HALLWAYS OF THE PAINE MANSION DISPLAY MANY ITEMS FROM NATHAN AND JESSIE KIMBERLY PAINES' COLLECTION OF FINE ART AND DECORATIVE OBJECTS, MOST NOTABLY, FRENCH BARBIZON AND AMERICAN LANDSCAPE PAINTINGS FROM THE LATE 19TH AND EARLY 20TH CENTURIES, PRIMARILY PURCHASED IN THE MID-1920'S. THE ESTATE'S GARDENS ALSO FEATURE SEVERAL SCULPTURES AS FOCAL POINTS OF THE OUTDOOR "GALLERIES." WHILE A MAJORITY OF THE COLLECTION WAS ACQUIRED BY THE PAINES, IT HAS ALSO GROWN SUBSTANTIALLY THROUGH DONATIONS AND PURCHASES WHILE CONTINUING TO REFLECT THE SUBJECTS AND SPIRIT OF THE FOUNDER'S ORIGINAL GIFT. THE COLLECTION IS CATALOGUED FOR EDUCATIONAL AND CURATORIAL PURPOSES. THE ORGANIZATION'S INTENT IS TO PRESERVE AND MAINTAIN THEIR COLLECTION WHICH DIRECTLY FURTHERS THE ORGANIZATION'S PURPOSES. PART V, LINE 4: THE ORGANIZATION'S ENDOWMENTS CONSIST OF TWO FUNDS ESTABLISHED TO BENEFIT THE ORGANIZATION: THE PURPOSE OF THE GENERAL ENDOWMENT FUND IS TO PROVIDE INCOME FOR THE ORGANIZATION AND REQUIRES THAT THE CORPUS REMAIN INTACT. NUMEROUS BEQUESTS AND DONATIONS HAVE BEEN MADE TO THIS FUND OVER THE YEARS OF ITS EXISTENCE. THE PURPOSE OF THE SHIRK ENDOWMENT FUND IS TO MAINTAIN AND CARE FOR THE RESIDENCE, WALKS, AND APPROACHES. EXPENDITURES FROM THIS FUND ARE RESTRICTED TO INCOME; THE CORPUS IS TO REMAIN INTACT. THE CORPUS IS INCLUDED IN PERMANENTLY RESTRICTED NET ASSETS AND IS INCLUDED IN THE GENERAL ENDOWMENT FUND BALANCE. PART X, LINE 2: THE ORGANIZATION IS REQUIRED TO ASSESS WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION OF THE TECHNICAL MERITS OF THE POSITION ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. IF THE TAX POSITION DOES NOT MEET THE MORE LIKELY THAN NOT RECOGNITION THRESHOLD, THE BENEFIT OF THAT POSITION IS NOT RECOGNIZED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION HAS DETERMINED THERE ARE NO AMOUNTS TO RECORD AS ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS. FEDERAL RETURNS FOR THE YEARS ENDED 2011, 2012, AND 2013 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -72,691. COST OF GOODS SOLD -25,304. RENTAL EXPENSES -5,966. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 72,691. COST OF GOODS SOLD 25,304. RENTAL EXPENSES 5,966. GALA 113787 57587 56200 12757 6003 12750 FESTIVAL OF SPRING 41475 11730 29745 170 900 23545 1 28310 14830 13480 885 15681 183572 84147 99425 12927 7788 51976 72691 26734 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS APPROXIMATELY 1,600 MEMBERS WHO ENJOY THE BENEFITS OF FREE ADMISSION TO THE PAINE ART CENTER & GARDENS, INC. (THE PAINE) RECEIVE THE PAINE'S ANNOUNCEMENTS AND SPECIAL INVITATION TO EDUCATIONAL PROGRAMS AND EVENTS AND PRIDE IN KNOWING THAT THEY HELP SUPPORT THE CARE OF THE ESTATE AND THE PRESENTATION OF SPECIAL EXHIBITIONS AND PROGRAMS. THE NUMBER, QUALIFICATION, AND CLASSIFICATION OF MEMBERS OF THE PAINE ARE AS FOLLOWS: FOUNDING MEMBERS - THE ORIGINAL FOUNDING MEMBERS. CHARTER MEMBERS - THE ORIGINAL ASSOCIATE MEMBERS WHO WERE APPOINTED BY THE FOUNDING MEMBERS. LIFE MEMBERS - CONTINUE AS MEMBERS FOR LIFE IN RECOGNITION OF THEIR SINGULAR CONTRIBUTION TO THE PURPOSES OF THE ORGANIZATION. LIFE MEMBERS MAY ALSO BE GENERAL OR SUSTAINING MEMBERS. HONORARY MEMBERS - THOSE INDIVIDUALS AND ORGANIZATIONS WHO, IN THE JUDGMENT OF THE BOARD OF TRUSTEES, HAVE MADE OUTSTANDING AND MEANINGFUL CONTRIBUTIONS TO THE PURPOSES OF THE ORGANIZATION. HONORARY MEMBERS MAY ALSO BE GENERAL, SUSTAINING OR ORGANIZATIONAL MEMBERS. GENERAL MEMBERS - THOSE PERSONS WHO MAKE ANNUAL MEMBERSHIP CONTRIBUTIONS TO THE ORGANIZATION IN AN AMOUNT AS DETERMINED BY THE BOARD OF TRUSTEES. THE BOARD MAY PROVIDE FOR FAMILY AND JOINT GENERAL MEMBERSHIP AND THE BOARD SHALL DETERMINE THE PRIVILEGES AND LIMITATIONS OF SUCH GENERAL MEMBERSHIP AS DEFINED IN THE CERTIFICATE OF GENERAL MEMBERSHIP. SUSTAINING MEMBERS - THOSE PERSONS AND ORGANIZATIONS WHO UNDERTAKE TO CONTRIBUTE ANNUALLY TO THE ORGANIZATION IN THE AMOUNT AND MANNER AS DETERMINED BY THE BOARD OF TRUSTEES. ORGANIZATIONAL MEMBERS - THOSE INDUSTRIAL, COMMERCIAL, OR PROFESSIONAL FIRMS AND OTHER ORGANIZATIONS WHICH SHALL UNDERTAKE TO CONTRIBUTE ANNUALLY TO THE ORGANIZATION IN THE AMOUNT AND MANNER AS DETERMINED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7A ONE OF THE PRIVILEGES OF BEING A MEMBER OF THE PAINE IS THE OPPORTUNITY TO ELECT THE ORGANIZATION'S BOARD OF TRUSTEES. EACH YEAR THE PAINE'S BOARD MANAGEMENT AND NOMINATING COMMITTEE, A VOLUNTEER COMMITTEE WHOSE MEMBERS MUST BE ELECTED BY THE BOARD, MEETS AND REVIEWS THE BOARD COMPOSITION, INCLUDING EVALUATION OF TRUSTEES WITH EXPIRING TERMS WHO ARE ELIGIBLE TO SERVE AN ADDITIONAL TERM AS WELL AS IDENTIFYING NEW NOMINEES TO SERVE. THE SLATE OF NOMINEES IS THEN PRESENTED TO THE MEMBERSHIP FOR ELECTION. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS OF PAINE ART CENTER & GARDENS SHALL DETERMINE THE NUMBER OF TRUSTEES FOR THE ENSUING YEAR WITHIN LIMITS PROVIDED BY THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WAS PREPARED BY INDEPENDENT AUDITORS, WIPFLI LLP, WHICH IN TURN PRESENTED THE FORM TO THE FINANCIAL OFFICER OF THE ORGANIZATION, DORIS PEITZ, WHO REVIEWED THE FORM AND THEN PRESENTED IT TO THE EXECUTIVE DIRECTOR OF THE ORGANIZATION, AARON SHERER FOR HIS REVIEW. THE PUBLIC DISCLOSURE VERSION OF THE FORM 990 WAS THEN PRESENTED TO THE BOARD'S FINANCE COMMITTEE, A VOLUNTEER COMMITTEE WHOSE MEMBERS MUST BE ELECTED BY THE BOARD. THE PUBLIC DISCLOSURE VERSION OF THE 990 WAS ALSO PRESENTED TO THE BOARD FOR THEIR APPROVAL PRIOR TO BEING FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH MEMBER OF THE ORGANIZATION'S BOARD OF TRUSTEES, OFFICERS, STAFF AND APPROPRIATE VOLUNTEERS (AS DETERMINED BY THE EXECUTIVE DIRECTOR) WILL COMPLETE A CONFLICT OF INTEREST AND DISCLOSURE STATEMENT AT THE TIME OF THEIR ELECTION, HIRING OR THE BEGINNING OF THEIR SERVICE TO THE ORGANIZATION. SUCH INDIVIDUAL WILL UPDATE THE EXISTING STATEMENT OR COMPLETE AND SIGN A NEW CONFLICT OF INTEREST AND DISCLOSURE STATEMENT IF, AT ANY TIME DURING THEIR SERVICE TO THE PAINE, CIRCUMSTANCES CHANGE THAT WOULD WARRANT A NEW STATEMENT. STAFF SHALL DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST TO THE EXECUTIVE DIRECTOR; THE BOARD OF TRUSTEES AND EXECUTIVE DIRECTOR SHALL DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST TO THE PRESIDENT OF THE BOARD OF TRUSTEES (OR IF HE OR SHE IS THE ONE WITH THE CONFLICT THEN TO THE BOARD VICE PRESIDENT), WHO SHALL DETERMINE WHETHER A CONFLICT EXISTS. TRANSACTIONS WITH PARTIES WITH WHOM A CONFLICTING INTEREST EXISTS MAY BE UNDERTAKEN ONLY IF ALL THE FOLLOWING ARE OBSERVED: 1. THE CONFLICTING INTEREST IS FULLY DISCLOSED; 2. THE PERSON WITH THE CONFLICT OF INTEREST IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTIONS; 3. A COMPETITIVE BID OR COMPARABLE VALUATION EXISTS; AND 4. THE EXECUTIVE DIRECTOR OF THE BOARD OF TRUSTEES (FOR BOARD OF TRUSTEES AND EXECUTIVE DIRECTOR) OR THE ADMINISTRATION TEAM (FOR STAFF) HAS DETERMINED THAT THE TRANSACTION IS IN THE BEST INTEREST OF THE ORGANIZATION AND THAT THE CONTEMPLATED TRANSACTION MAY BE AUTHORIZED AS JUST, FAIR, AND REASONABLE TO THE PAINE ART CENTER & GARDENS. THE DECISION OF THE EXECUTIVE COMMITTEE AND THE ADMINSTRATIVE TEAM ON THESE MATTERS WILL REST IN THEIR SOLE DISCRETION, AND THE CONCERN MUST BE THE WELFARE OF THE PAINE ART CENTER & GARDENS AND THE ADVANCEMENT OF ITS MISSION AND VISION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR TOP OFFICIAL: THE PAINE'S BY-LAWS STIPULATE THAT THE EXECUTIVE COMMITTEE OF THE BOARD SHALL BE RESPONSIBLE FOR THE PERFORMANCE REVIEW AND OVERSIGHT OF THE EXECUTIVE DIRECTOR AND SUCH OTHER PERSONNEL MATTERS RELATING TO THE EXECUTIVE DIRECTOR AS REQUIRES IMMEDIATE ACTION. THE EXECUTIVE DIRECTOR IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE, THE EXECUTIVE DIRECTOR'S COMPENSATION IS ADJUSTED ACCORDINGLY THROUGH THIS PROCESS. THE EXECUTIVE COMMITTEE REVIEWS AVAILABLE SALARY SURVEYS OF COMPARABLE ORGANIZATIONS IN DETERMINING THE COMPENSATION. COMPENSATION PROCESS FOR OFFICERS: THE EXECUTIVE DIRECTOR IS RESPONSIBLE FOR REVIEWING AND ADJUSTING THE COMPENSATION OF KEY EMPLOYEES. THE PERFORMANCE AND COMPENSATION OF KEY EMPLOYEES IS REVIEWED ANNUALLY BY THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR REVIEWS AVAILABLE SALARY SURVEYS OF COMPARABLE ORGANIZATIONS IN DETERMINING COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES COPIES OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST.