2015-11-11T14:00:00-06:00 2014-12-31 352123203 KSM BUSINESS SERVICES INC PO BOX 40857 INDIANAPOLIS IN 462400857 990 2014-01-01 311139447 EITELJORG MUSEUM OF AMERICAN INDIANS AND WESTERN ART INC EITE 3176369378 500 W WASHINGTON ST INDIANAPOLIS IN 46204 JOHN VANAUSDALL PRESIDENT AND CEO 3176369378 2015-10-06 1 SCOTT A SCHUSTER P00019243 3175802000 2015-10-06 2014 2016-04-25 22:37:26Z JOHN VANAUSDALL 500 W WASHINGTON ST INDIANAPOLIS IN 46204 29631517 0 X WWW.EITELJORG.ORG X 1985 IN TO INSPIRE AN APPRECIATION AND UNDERSTANDING OF THE ART, HISTORY AND CULTURES OF THE AMERICAN WEST AND THE INDIGENOUS PEOPLES OF NORTH AMERICA. THE EITELJORG MUSEUM COLLECTS AND PRESERVES WESTERN ART AND NATIVE AMERICAN ART AND CULTURAL OBJECTS OF THE HIGHEST QUALITY, AND SERVES THE PUBLIC THROUGH ENGAGING EXHIBITIONS, EDUCATIONAL PROGRAMS, CULTURAL EXCHANGES, AND ENTERTAINING SPECIAL EVENTS. 33 33 79 418 17483 2277 4708331 5059984 490751 705155 1976752 2689801 685642 963309 7861476 9418249 125000 0 0 0 3503676 3643527 0 0 499189 5277283 5208006 8905959 8851533 -1044483 566716 68300672 67854500 22314240 22073957 45986432 45780543 X TO INSPIRE AN APPRECIATION AND UNDERSTANDING OF THE ART, HISTORY AND CULTURES OF THE AMERICAN WEST AND THE INDIGENOUS PEOPLES OF NORTH AMERICA. THE EITELJORG MUSEUM COLLECTS AND PRESERVES WESTERN ART AND NATIVE AMERICAN ART AND CULTURAL OBJECTS OF THE HIGHEST QUALITY, AND SERVES THE PUBLIC THROUGH ENGAGING EXHIBITIONS, EDUCATIONAL PROGRAMS, CULTURAL EXCHANGES, AND ENTERTAINING SPECIAL EVENTS. 0 0 6157426 146000 EXHIBITIONS 2014 EXHIBITIONS: ANSEL ADAMS, A LIFE'S WORK (MARCH 1-AUGUST 3, 2014) THIS IS THE LEAD EXHIBITION FOR THE YEAR, AN EXPECTED AUDIENCE DRIVER, AS ADAMS IS ONE OF THE MOST RECOGNIZABLE AMERICAN ARTISTS. IN THE LAST YEARS OF HIS LIFE, ADAMS PERSONALLY CHOSE THE 75 PHOTOGRAPHS IN THIS EXHIBITION AS THE BEST REPRESENTATIONS OF THE RANGE AND QUALITY OF HIS LIFE'S WORK A LIFETIME PORTFOLIO. REFERRED TO AS THE MUSEUM SET, IT INCLUDES MANY OF HIS MOST FAMOUS AND BEST-LOVED PHOTOGRAPHS, INCLUDING ARCHITECTURAL STUDIES, PORTRAITS AND MAGNIFICENT LANDSCAPES. ADAMS BIOGRAPHER JONATHAN SPAULDING IS GUEST CURATING THE EXHIBITION. RICH PROGRAMMING WILL COMPLEMENT THIS EXHIBITION. MODERN SPIRIT: THE ART OF GEORGE MORRISON (MARCH 3-MAY 13, 2014) THIS IMPORTANT EXHIBITION WILL GIVE THE MUSEUM A POWERFUL WAY TO REPRESENT MODERN ART IN THE ANNIVERSARY YEAR. ORGANIZED BY MINNESOTA MUSEUM OF AMERICAN ART, THIS IS A NATIONALLY-TOURING RETROSPECTIVE EXHIBITION OF MASTERWORKS BY THE CELEBRATED NATIVE AMERICAN MODERN ARTIST GEORGE MORRISON (OJIBWAY) (A 1999 EITELJORG FELLOWSHIP ARTIST OF DISTINCTION). MORRISON'S MODERNISTIC WORKS, (DRAWINGS, PAINTINGS, PRINTS, AND SCULPTURE) HEAVILY INFLUENCED MAINSTREAM ART. A MAJOR WORK IN THE SHOW IS A PROMISED GIFT TO THE EITELJORG FROM GERALD AND DORIT PAUL. THIS IS THE FIRST COMPREHENSIVE RETROSPECTIVE EXHIBITION EVER STAGED OF THIS KEY NATIVE AMERICAN MODERNIST. NEW ART 2.0 (NOVEMBER 1, 2014-JANUARY 4, 2015) THIS CONTEMPORARY PRINT EXHIBITION IS DESIGNED TO CULTIVATE FLEDGLING AND SEASONED ART COLLECTORS AND TO DEVELOP NEW, APPRECIATIVE AUDIENCES FOR CONTEMPORARY NATIVE AMERICAN AND WESTERN ARTISTS. ART LOVERS WILL HAVE AN OPPORTUNITY TO PURCHASE EXCELLENT, AFFORDABLE PRINTS IN THE $300-$3,000 RANGE. UP TO 85 PRINTS, SELECTED BY EITELJORG CURATORS, WILL BE FRAMED AND HUNG IN THE MUSEUM'S MAIN EXHIBITION GALLERY FOR SALE THROUGH JANUARY 2015. WHEN THE SHOW CLOSES, THE PRINTS WILL BE SHIPPED TO PURCHASERS ALONG WITH A COPY OF EACH PIECE'S SPECIAL, EXPANDED LABEL. PRINT PROVIDERS INCLUDE CROW'S SHADOW INSTITUTE OF THE ARTS IN PENDLETON, OREGON AND TAMARIND INSTITUTE, COLLEGE OF FINE ARTS, UNIVERSITY OF NEW MEXICO, ALBUQUERQUE, NM. SUPPLEMENTARY PROGRAMS LIKE A FRAMING WORKSHOP AND AN INTRODUCTION TO COLLECTING WILL COMPLEMENT THE EXHIBITION. THE NINTH ANNUAL QUEST FOR THE WEST (SEPTEMBER 6-OCTOBER 5, 2014) ART SALES SHOW AND MAJOR FUND RAISER FOR THE MUSEUM FEATURES WORK BY SOME OF THE BEST LIVING WESTERN REALISTS IN THE COUNTRY. MOST OF THE PARTICIPATING ARTISTS COME TO THE SALE AND WEEKEND QUEST ACTIVITIES, WHICH INCLUDE LECTURES, ARTIST PANELS AND ARTIST DEMONSTRATIONS. THE EITELJORG'S WESTERN ART SOCIETY WORKS CLOSELY WITH STAFF AND ARTISTS TO CREATE A PROGRAM THAT APPEALS TO PATRONS. THE COMPANION EXHIBITION, QUEST ARTIST OF DISTINCTION, (SEPTEMBER 6- NOVEMBER 30, 2014) IS PRESENTED IN THE PAUL GALLERY. IT FEATURES A ONE-PERSON EXHIBITION OF AN ARTIST OF DISTINCTION FROM THE PREVIOUS YEAR'S QUEST. IN 2014, PAINTER DON CROWLEY WILL BE THE ARTIST OF DISTINCTION. THESE POPULAR EXHIBITIONS APPEAL TO SUPPORTERS AND ARE GREAT FOR CONNECTING WITH COLLECTORS NATIONWIDE. BLAKE LITTLE PHOTOGRAPHS: GAY RODEO 1988-1992 (JANUARY 18-JULY 13, 2014) THE EXHIBITION CONSISTS OF APPROXIMATELY 40 BLACK AND WHITE PHOTOGRAPHS THAT DOCUMENT THE GAY RODEO CIRCUIT AND THE LIVES OF ITS PARTICIPANTS. THE PHOTOGRAPHS HAVE NEVER BEFORE BEEN EXHIBITED TOGETHER. THE COLLECTED BODY OF WORK NOT ONLY SERVES AS A STUNNING EXAMPLE OF BLACK AND WHITE PORTRAITURE AND OF RODEO PHOTOGRAPHY, IT ALSO EXPLORES THE DIVERSE AND COMPLEX NATURES OF INDIVIDUAL AND COMMUNITY IDENTITY IN THE WEST. 66209 PUBLIC PROGRAMSTHE EITELJORG MUSEUM HAS MANY EDUCATIONAL AND PUBLIC PROGRAMS INCLUDING ARTISTS IN RESIDENCE (AIR) WHICH ARE VISUAL AND PERFORMING NATIVE ARTISTS, STORYTELLERS AND TRADITIONAL CULTURE BEARERS FROM ACROSS THE UNITED STATES AND CANADA. THEIR MONTH- AND WEEK-LONG RESIDENCIES ARE SPENT ON-SITE AND IN THE COMMUNITY. THEY TIE IN TO PUBLIC PROGRAMS AND SPECIAL EVENTS INCLUDING INDIAN MARKET & FESTIVAL, WOMEN IN ART MARKET, WINTER MARKET, KAYA DAY, BEAD BONANZA, GARDEN DAY, NAVAJO DAY, MIAMI DAY, DELAWARE DAY, NATIVE AMERICAN DRUM CIRCLE, LAS POSADAS, AND INDIANAPOLIS' CANAL FAMILY FEST. ARTISTS IN RESIDENCE COMBINED WITH OUTREACH, MULTIMEDIA COMPONENTS, TRANSPORTATION AND MUSEUM VISITS COMPOSE THE EITELJORG ARTISTS ENGAGING COMMUNITY (EAEC) PROGRAM, IN WHICH CULTURALLY-DIVERSE NATIVE AMERICAN ARTISTS GO BEYOND THE WALLS OF THE MUSEUM, TAKING THE ARTISTS-IN-RESIDENCE PROGRAMS TO UNDERSERVED AUDIENCES IN CENTRAL INDIANA. THIS PROGRAM IS A PARTNERSHIP BETWEEN THE MUSEUM AND COMMUNITY-BASED ORGANIZATIONS THAT SERVE STRUGGLING NEIGHBORHOODS. PARTNERS INCLUDE INDIANAPOLIS PUBLIC SCHOOLS, OTHER SCHOOLS, COMMUNITY ORGANIZATIONS, COMMUNITY CENTERS AND CLUBS. 397253 271980 FESTIVALS AND EVENTS THE EITELJORG MUSEUM DOES SEVERAL FESTIVALS AND EVENTS. BUCKAROO BASH IS THE EITELJORG MUSEUM'S ANNUAL PREMIER FUNDRAISING EVENT. IT IS AN EVENING OF WESTERN FUN, MUSIC, FOOD, AND LIVE AUCTIONS AND PRIZES WHICH BENEFIT THE MUSEUM'S EDUCATIONAL OUTREACH PROGRAMS, ANNUALLY SERVING MORE THAN 20,000 STUDENTS. THE MUSEUM'S AUXILIARY, ADOBE SOCIETY, IS RESPONSIBLE FOR THIS EVENT. INDIAN MARKET & FESTIVAL AUDIENCE FEEDBACK ON INDIAN MARKET AND FESTIVAL OVER THE PAST FEW YEARS HAS LED TO THE CREATION OF MORE OPPORTUNITIES TO CONNECT WITH THE ARTISTS AND THE INCLUSION OF MORE EXAMPLES OF NATIVE AMERICAN CULTURE SUCH AS MUSIC, STORYTELLING, DANCE, ETC. INDIAN MARKET AND FESTIVAL IS THE EITELJORG'S LARGEST PUBLIC EVENT AND FEATURES JURIED ART FOR SALE BY 150+ TOP NATIVE AMERICAN ARTISTS FROM ACROSS THE U.S. PERFORMANCES BY NATIVE AMERICAN STORYTELLERS, MUSICIANS, DANCERS AND CULTURE BEARERS EXPAND ITS APPEAL BEYOND COLLECTORS. TWO SMALLER MARKETS WHICH ARE: WOMEN IN ART MARKET (MARCH) AND WINTER MARKET (DECEMBER), PRESENT ADDITIONAL OPPORTUNITIES TO MEET ARTISTS FIRST-HAND WHILE SHOPPING AND ENJOYING THE MUSEUM. THE SELECTION PROCESS FOR THESE MARKETS WILL BE REFINED ENSURING THE BEST FIT AND REPRESENTATION. THE EITELJORG ORIENTATION EXPERIENCE, A HIGHLY INTERACTIVE WAYFINDING SYSTEM, PREMIERED IN DECEMBER 2014 AND IS UNDERGOING AUDIENCE RESEARCH THROUGH JANUARY 2015. IT WAS DESIGNED TO HELP VISITORS MAXIMIZE THEIR EXPERIENCE BY USING INTEGRATED TECHNOLOGIES IN KIOSKS IN THE ADMISSIONS LOBBY AND ON THE 2ND FLOOR LANDING. 6620888 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 1 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 48 0 1 79 1 1 1 0 0 0 0 1 1 1 3 0 0 0 X 33 33 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X JOHN VANAUSDALL 3176369378 500 W WASHINGTON ST INDIANAPOLIS IN 46204 PAT ANKER BOARD MEMBER 0.50 X 0 0 0 SUE A BACK TREASURER 3.00 X X 0 0 0 FRANK BASILE BOARD MEMBER 0.50 X 0 0 0 MARY BETH BRAITMAN BOARD MEMBER 0.50 X 0 0 0 STEVE CAGLE BOARD MEMBER 0.50 X 0 0 0 PHYLLIS COCKERILL BOARD MEMBER 0.50 X 0 0 0 GAYLE COX SECRETARY 0.50 X X 0 0 0 LG EDWARDS BOARD MEMBER 0.50 X 0 0 0 ROGER EITELJORG BOARD MEMBER 0.50 X 0 0 0 RICHARD FELDMAN BOARD MEMBER 0.50 X 0 0 0 TIM GARNETT BOARD MEMBER 0.50 X 0 0 0 KAREN GLASER BOARD MEMBER 0.50 X 0 0 0 FRED GREEN BOARD MEMBER 0.50 X 0 0 0 KATHERINE ANDERSON HANSEN BOARD MEMBER 0.50 X 0 0 0 BETSEY HARVEY BOARD MEMBER 0.50 X 0 0 0 POLLY HORTON HIX BOARD MEMBER 0.50 X 0 0 0 TOM HOBACK CHAIRMAN 3.00 X X 0 0 0 CINDY HOYE BOARD MEMBER 0.50 X 0 0 0 SANDY HURT BOARD MEMBER 0.50 X 0 0 0 STAN HURT BOARD MEMBER 0.50 X 0 0 0 CHRIS KATTERJOHN BOARD MEMBER 0.50 X 0 0 0 GERALD PAUL BOARD MEMBER 0.50 X 0 0 0 ALEXANDER PEACOCK BOARD MEMBER 0.50 X 0 0 0 MEL PERELMAN BOARD MEMBER 0.50 X 0 0 0 BONNIE REILLY BOARD MEMBER 0.50 X 0 0 0 AH HUTCH SCHUMAKER II BOARD MEMBER 0.50 X 0 0 0 JOAN SERVAAS BOARD MEMBER 0.50 X 0 0 0 J ALBERT SMITH JR BOARD MEMBER 0.50 X 0 0 0 JOHN TIMOTHY JR BOARD MEMBER 0.50 X 0 0 0 CATHY TURNER BOARD MEMBER 0.50 X 0 0 0 DON WOODLEY BOARD MEMBER 0.50 X 0 0 0 TIMOTHY T WRIGHT BOARD MEMBER 0.50 X 0 0 0 C DANIEL YATES BOARD MEMBER 0.50 X 0 0 0 JOHN VANAUSDALL PRESIDENT & CEO 55.00 X 209280 0 30805 SUSAN LEWIS VP OF ADMINISTRATION & CFO 50.00 X 99560 0 27299 JAMES NOTTAGE VICE PRESIDENT AND CHIEF C 50.00 X 94019 0 26763 SUZANNE MAXWELL VP OF DEVELOPMENT 50.00 X 173369 0 14759 576228 0 99626 2 0 1 0 SULLIVAN AND POORE INC 1015 E 42ND ST INDIANAPOLIS IN 46205 CONTRACTOR 699249 G4S SECURE SOLUTIONS USA INC PO BOX 277469 ATLANTA GA 30384 SECURITY 406582 VINE AND TABLE GOURMET MARKET 313 E CARMEL DRIVE CARMEL IN 46032 CATERING 169949 GREGORY & APPEL INSURANCE 1402 N CAPITOL SUITE 400 INDIANAPOLIS IN 46202 INSURANCE BROKER 121754 TRAVEL MUSE 369 MONTEZUMA AVE 319 SANTA FE NM 87501 TRAVEL PLANNER 120670 5 230206 398659 4431119 245920 5059984 ADMISSIONS AND TOURS 900099 705155 705155 705155 847489 847489 302471 52752 249719 249719 249719 21100977 19258665 1842312 1842312 1842312 554361 398659 533781 20580 20580 746038 368070 377968 377968 MISCELLANEOUS 561000 297559 297559 INCOME FROM PARTNERSHIP INVESTMEN 900099 17483 17483 315042 9418249 1380682 17483 2960100 675854 120782 366944 188128 2362259 1633012 524935 204312 396761 303044 61755 31962 208653 126596 54975 27082 16000 16000 36250 36250 136294 136294 113667 72943 31136 9588 68765 16486 52279 83622 16260 51841 15521 396799 376959 19840 1351367 1318397 32970 133379 131111 2268 EXHIBIT EXPENSES 711344 624936 86408 UTILITIES 602772 550520 52252 SECURITY 392250 392250 REPAIRS AND MAINTENANCE 317819 313493 4326 847678 624099 200983 22596 8851533 6620888 1731456 499189 73300 65811 815003 1426413 1533217 697080 3559 6172 265997 310962 201483 130211 45222046 22755797 22739576 22466249 38060164 38787059 3711611 3029013 896762 935530 68300672 67854500 404511 423578 20600000 20600000 1309729 1050379 22314240 22073957 X 38886829 39349965 5784090 5031219 1315513 1399359 45986432 45780543 68300672 67854500 X 566716 -1099959 327354 X X 0 1 X 1 0 X 5849311 4369202 7314717 4708331 5059984 27301545 5849311 4369202 7314717 4708331 5059984 27301545 7834460 19467085 1394133 1650912 1477744 1478913 1149960 7151662 34404 5089 17483 56976 142439 191560 95164 219635 297559 946357 35456540 7469423 0.54900 0.55310 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2010 AMOUNT: $ 142,439. 2011 AMOUNT: $ 191,560. 2012 AMOUNT: $ 95,164. 2013 AMOUNT: $ 219,635. 2014 AMOUNT: $ 297,559. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 17863667 156851 768662 796664 50435 17942081 15749187 539865 2364580 745158 44807 17863667 14492001 200100 1810027 714553 38388 15749187 15169308 255000 -160025 735360 36922 14492001 14300039 200000 1495861 791943 34649 15169308 0.92200 0.07800 1 0 42982543 20627129 22355414 2239503 2128668 110835 22466249 INTEREST RATE SWAP LIABILITY 1050379 1050379 X 9243297 -1099959 38695 1003211 -58053 9301350 136294 -19395 116899 9418249 9449186 38695 954603 993298 8455888 136294 259351 395645 8851533 PART III, LINE 1A: THE MUSEUM COLLECTS WORKS OF ART REPRESENTING ALL PERIODS OF THE AMERICAN INDIAN AND WESTERN CULTURES. IT PRESERVES, COLLECTS AND INTERPRETS THIS MATERIAL THROUGH CURATORIAL RESEARCH AND EDUCATIONAL OUTREACH. COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. THE VALUE OF ART OBJECTS ACQUIRED BY GIFT, FOR WHICH THE MUSEUM HAS MADE A REASONABLE ESTIMATE, WAS $1,247,000 IN 2014 AND $1,849,533 IN 2013. STANDARD MUSEUM PROCEDURES ARE USED IN ACCESSIONING, DEACCESSIONING, CATALOGING AND MANAGING ART OBJECTS. THE MUSEUM PROVIDES A CLEAN, SAFE AND STABLE STORAGE ENVIRONMENT FOR ITS PERMANENT COLLECTIONS. DURING 2014 AND 2013, THERE WERE A SIGNIFICANT NUMBER OF DEACCESSIONS, BUT THERE WERE NO SIGNIFICANT PROCEEDS FROM SALES. PART III, LINE 4: THE EITELJORG MUSEUM CLEARLY FOCUSES UPON ITS MISSION. ALL WORKS OF ART AND OBJECTS IN THE COLLECTION ARE STRICTLY RELEVANT TO THE AMERICAN WEST AND NATIVE PEOPLES OF NORTH AMERICA. ALL COLLECTION ITEMS ARE VIEWED AS A RESOURCE IN THE FULFILLMENT OF THE INSTITUTIONAL MISSION AND FOR THE ENLIGHTENMENT AND ENJOYMENT OF THE PUBLIC SERVED BY THE MUSEUM. PAINTINGS, SCULPTURES, PRINTS, PHOTOGRAPHS, NATIVE AMERICAN ARTIFACTS OF ALL KINDS, ARE ALL UTILIZED OR AVAILABLE FOR USE IN EDUCATIONAL EXHIBITS AT THE MUSEUM AND THROUGH LOAN TO OTHER QUALIFIED MUSEUMS. OBJECTS ARE STUDIED BY STUDENTS FROM GRADE SCHOOL TO GRADUATE SCHOOL AND ARE THEREFORE INCLUDED THROUGH IMAGES AND WRITING IN CLASS PROJECTS, ARTICLES, AND BOOKS. STUDENTS, TEACHERS, RESEARCHERS, PUBLISHERS, AND OTHERS, ALONG WITH THE STAFF, ARE ENCOURAGED TO UTILIZE THE COLLECTION THROUGH SUPERVISED EXAMINATION AND ACCESS TO THE COLLECTION DATABASE AND DIGITAL IMAGES. ABOVE ALL, NATIVE CULTURES, FROM WHICH ARTIFACTS CAME, ARE GIVEN SPECIAL ACCESS FOR CULTURAL, SPIRITUAL, AND EDUCATIONAL REASONS. PART V, LINE 4: THE INTENDED USED OF THE MUSEUM'S ENDOWMENT FUNDS ARE TO SUPPORT OPERATIONS FROM NOW INTO THE FUTURE. THE MUSEUM HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. TO SATISFY ITS LONG-RANGE-RATE-OF-RETURN OBJECTIVES, THE MUSEUM RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION AND CURRENT YIELD. PART X, LINE 2: THE MUSEUM IS EXEMPT FOR FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. IN ADDITION, THE MUSUEM HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. THERE WAS NO UNRELATED BUSINESS INCOME TAX EXPENSE DURING 2014 AND 2013. THE MUSEUM FILES INFORMATION TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF INDIANA. THE MUSEUM IS NO LONGER SUBJECT TO US FEDERAL AND STATE INCOME TAX EXAMINATIONS BY THE TAX AUTHORITIES FOR YEARS BEFORE 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF INVENTORY SOLD 368,070. SPECIAL EVENT EXPENSES 533,781. RENT EXPENSES 52,752. CHANGE IN VALUE OF CHARITABLE TRUSTS 48,608. PART XI, LINE 4B - OTHER ADJUSTMENTS: INCOME FROM PARTNERSHIP INVESTMENT -19,395. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF INVENTORY SOLD 368,070. SPECIAL EVENT EXPENSES 533,781. RENT EXPENSES 52,752. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST RATE SWAP INCOME 259,351. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENT 348181 0 0 0 0 0 0 348181 0 348181 1 0 0 0 0 0 25TH ANNIVERSARY GALA 202205 52500 149705 116903 QUEST FOR THE WEST 468275 154525 313750 9001 189690 2 282540 191634 90906 19250 198937 953020 398659 554361 28251 505530 533781 20580 X 1 1 X X X 0 1 0 0 0 0 0 0 0 JOHN VANAUSDALL PRESIDENT & CEO 208897 0 0 0 383 0 16189 0 14616 0 240085 0 0 0 SUZANNE MAXWELL VP OF DEVELOPMENT 169385 0 0 0 3984 0 5135 0 9624 0 188128 0 0 0 PART I, LINE 1A SOCIAL CLUB MEMBERSHIP AND MEALS ARE USED FOR DONOR CULTIVATION. ANY PERSONAL MEALS ARE NOT PAID FOR BY THE MUSEUM. PART I, LINE 4B 457 PLAN FOR PRESIDENT AND CEO JOHN VANAUSDALL A INDIANA DEVELOPMENT FINANCE AUTHORITY 351602316 2004-02-01 20600000 FINANCE RENOVATION/EXPANSION OF FACILITIES, EXHIBITION AND COLLECTIONS, ETC 0 0 0 A 20600000 254522 19946454 2005 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 1 0 1 1 JPMORGAN CHASE 12.000000000000 0 0 0 0 0 A 1 X 285 REVENUE NOT RECOGNIZED X 14 93870 MEAN ON TRANSFER DATE X 3 85400 VALUE AT TIME OF SALE X 13 23998 FAIR MARKET VALUE X OTHER 0 13342 FAIR MARKET VALUE X FRAMING 1 13000 FAIR MARKET VALUE X TWO-WAY RADIOS 30 11310 FAIR MARKET VALUE X SPEAKERS 20 5000 FAIR MARKET VALUE 5 0 1 0 PART I, LINE 33: THE MUSEUM COLLECTS WORKS OF ART REPRESENTING ALL PERIODS OF THE AMERICAN INDIAN AND WESTERN CULTURES. COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. FORM 990, PART VI, SECTION A, LINE 2 STAN HURT IS THE SPOUSE OF SANDY HURT. FORM 990, PART VI, SECTION B, LINE 11 THE 990 WAS REVIEWED BY THE CFO, THE CEO AND THE TREASURER PRIOR TO A REVIEW BY THE AUDIT AND FINANCE COMMITTEES. A COPY OF THE 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS, OFFICERS, AND KEY EMPLOYEES COMPLETE ANNUALLY (OR AS OTHERWISE REQUESTED) A DISCLOSURE STATEMENT REGARDING ANY CONFLICT OF INTEREST DESCRIBED IN THE POLICY. ANY CHANGES ARE REPORTED PROMPTLY TO THE CEO OR BOARD CHAIR. THE CFO SUMMARIZES ANY CONFLICTS OR POTENTIAL CONFLICTS TO THE CEO AND THE BOARD CHAIR. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE ANNUALLY REVIEWS AND APPROVES THE SALARIES FOR THE CEO AND THE CFO. THE EXECUTIVE COMMITTEE REVIEWS CURRENT MARKET DATA FROM: - THE ASSOCIATION OF ART MUSEUM DIRECTORS SALARY SURVEY THAT IS DONE ON A YEARLY BASIS. DATA IS COMPILED FROM THIS REPORT FOR OUR REGION OF THE COUNTRY, OUR OPERATING BUDGET AND THE SIZE OF OUR CITY. - OTHER SURVEYS AVAILABLE SUCH AS THE ASSOCIATION OF MIDWEST MUSEUMS - OTHER SOURCES THE CEO'S SALARY IS DETERMINED BY A CONTRACT THAT IS PREPARED BY LEGAL COUNSEL AFTER NEGOTIATIONS BETWEEN THE PRESIDENT AND A SUB-SET OF BOARD MEMBERS LED BY THE CHAIRMAN. THE CONTRACT IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE. THE FULL BOARD OF DIRECTORS IS INFORMED ABOUT THE CONTRACT. DATA OBTAINED FROM THE FOLLOWING SOURCES IS REVIEWED TO DETERMINE THAT SALARY: - THE ASSOCIATION OF ART MUSEUM DIRECTORS SALARY SURVEY THAT IS DONE ON A YEARLY BASIS. DATA IS COMPILED FROM THIS REPORT FOR OUR REGION OF THE COUNTRY, OUR OPERATING BUDGET AND THE SIZE OF OUR CITY. - OTHER SURVEYS AVAILABLE SUCH AS THE ASSOCIATION OF MIDWEST MUSEUMS - OTHER SOURCES THE CEO'S BONUS UNDER THE CURRENT CONTRACT IS DETERMINED BASED ON PRE-ESTABLISHED INDICATORS. THE BONUS IS REVIEWED BY AND APPROVED BY THE CHAIRMAN OF THE BOARD AND THEN APPROVED BY THE EXECUTIVE COMMITTEE. THE APPROVAL OF THESE SALARIES IS DOCUMENTED IN THE MINUTES OF THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 18 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF CHARITABLE TRUSTS 48,608. CHANGE IN INTEREST RATE SWAP 259,351. INCOME FROM PARTNERSHIP INVESTMENT 19,395. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR.