2014-10-28T07:17:09-05:00 2013-12-31 232896692 BBD LLP 1835 MARKET STREET 26TH FLOOR PHILADELPHIA PA 19103 990 2013-01-01 232471583 JAMES A MICHENER ART MUSEUM JAME 2153409800 138 SOUTH PINE STREET DOYLESTOWN PA 18901 LISA TREMPER HANOVER DIRECTOR & CEO 2153409800 2014-10-28 1 JENNIFER SOLOT P00749373 2155677770 2013 2015-11-30 17:44:51Z LISA TREMPER HANOVER 138 SOUTH PINE STREET DOYLESTOWN PA 18901 7967740 0 X WWW.MICHENERARTMUSEUM.ORG X 1987 PA SEE FORM 990, PAGE 2, PART III, STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS FOR DETAILS. 21 21 61 156 0 0 1028065 1652208 648651 820671 922883 621139 212337 126560 2811936 3220578 0 0 0 0 1453382 1535441 0 0 448001 2301622 2527455 3755004 4062896 -943068 -842318 34669488 34669165 2063827 765438 32605661 33903727 X COLLECTS, PRESERVES, INTERPRETS AND EXHIBITS AMERICAN ART, WITH A FOCUS ON REGIONAL ART. THE MUSEUM PRESENTS CHANGING EXHIBITIONS THAT EXPLORE A VARIETY OF ARTISTIC EXPRESSIONS, AND OFFERS A DIVERSE PROGRAM OF EDUCATIONAL ACTIVITIES THAT SEEK TO DEVELOP A LIFELONG INVOLVEMENT IN THE ARTS AS WELL AS NURTURE A WIDE RANGE OF AUDIENCES. 0 0 3184475 887095 THE MUSEUM SERVES OVER 140,000 VISITORS ANNUALLY, INCLUDING 10,000 SCHOOL CHILDREN THROUGH CLASS TRIPS UNDERWRITTEN BY A CORPORATE SPONSOR AND THROUGH THE EDUCATION CLASSES AND CAMPS. OVER 12,000 INDIVIDUALS ARE MEMBERS OF THE MUSEUM WHICH OFFERS A VARIETY OF LECTURES, WORKSHOPS, CLASSES, MUSICAL PERFORMANCES AND OTHER ACTIVITIES RELATED TO ITS DIVERSE CHANGING EXHIBITIONS PROGRAM. THE MUSEUM'S FOCUSED PERMANENT COLLECTION IS SUPPLEMENTED BY OVER 10 CHANGING EXHIBITIONS ANNUALLY DRAWN FROM A BROAD RANGE OF ART HISTORICAL AND CULTURAL GENRES. WORKING WITH THE UNIVERSITY OF PENNSYLVANIA PRESS, THE MUSEUM HAS PUBLISHED OVER A DOZEN CATALOGUES DOCUMENTING ITS RESEARCH AND EXHIBITION ACTIVITIES DURING THE PAST TEN YEARS. AMERICAN PAINTINGS, DRAWINGS, SCULPTURE, CRAFT AND DECORATIVE OBJECTS COMPRISE THE PERMANENT COLLECTION OF OVER 2,500 ITEMS DOCUMENTING THE REGION'S RICH ARTISTIC HERITAGE FROM THE 19TH AND 20TH CENTURIES. 3184475 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 56 0 61 1 0 0 0 0 0 1 1 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 PA X DIRECTOR & CEO 2153409800 138 SOUTH PINE STREET DOYLESTOWN PA 18901 KEVIN PUTMAN CHAIRMAN 3.00 X X 0 0 0 LOUIS DELLA PENNA PRESIDENT 3.00 X X 0 0 0 BONNIE O'BOYLE VICE PRESIDENT 3.00 X X 0 0 0 FEDERICK E SCHEA TREASURER 3.00 X X 0 0 0 VIRGINIA SIGETY SECRETARY 3.00 X X 0 0 0 HERMAN SILVERMAN CHAIRMAN EMERITUS 3.00 X 0 0 0 WILLIAM AICHELE TRUSTEE 1.00 X 0 0 0 ROBERT L BYERS TRUSTEE 1.00 X 0 0 0 ELIOT CHACK TRUSTEE 1.00 X 0 0 0 GREGORY CHURCH TRUSTEE 1.00 X 0 0 0 EDWARD FERNBERGER TRUSTEE 1.00 X 0 0 0 FRANK N GALLAGHER ESQ TRUSTEE 1.00 X 0 0 0 BETH BEANS GILBERT TRUSTEE 1.00 X 0 0 0 BRUCE NORMAN LONG TRUSTEE 1.00 X 0 0 0 WILLIAM MANDEL TRUSTEE 1.00 X 0 0 0 SYDNEY F MARTIN TRUSTEE 1.00 X 0 0 0 MIRA NAKASHIMA-YARNALL TRUSTEE 1.00 X 0 0 0 G NELSON PFUNDT TRUSTEE 1.00 X 0 0 0 ALBERT PRITCHARD TRUSTEE 1.00 X 0 0 0 BARBARA RABSON TRUSTEE 1.00 X 0 0 0 ROBERT WELCH TRUSTEE 1.00 X 0 0 0 LISA TREMPER HANOVER DIRECTOR & CEO 40.00 X 133169 0 16912 BRUCE KATSIFF FORMER DIRECTOR & CEO 0.00 X 10000 0 0 143169 0 16912 1 1 1 0 EPPS ADVERTISING 184 W MAIN STREET BUILDING 100 TRAPPE PA 19426 MARKETING 111673 1 346878 178630 77187 1049513 1652208 ADMISSION FEES 713990 578189 578189 PROGRAM FEES 900099 240482 240482 EDUCATIONAL PROGRAM 900099 2000 2000 820671 452442 452442 270804 152006 118798 118798 118798 4461759 4293062 168697 168697 168697 54125 178630 114268 -60143 -60143 254250 187826 66424 66424 MISCELLANEOUS 900099 1481 1481 1481 3220578 887095 0 681275 150082 107669 20943 21470 1109872 829024 130013 150835 51873 34229 17226 418 133087 78372 42454 12261 90527 64653 15930 9944 28800 20661 4019 4120 303798 236062 25609 42127 144660 144607 53 264312 198101 21756 44455 26873 26817 56 323738 233840 41164 48734 11778 2657 8155 966 28504 22979 3238 2287 6915 5126 1789 713439 534063 72880 106496 47967 47340 310 317 TEMPORARY EXHIBITION 538955 538955 MISCELLANEOUS 40046 37972 1888 186 BAD DEBT EXPENSES 24920 5027 19818 75 PROFESSIONAL FEES 22750 16321 3175 3254 4062896 3184475 430420 448001 102829 385684 612272 284744 4002003 3004907 82908 94691 55178 70316 19788353 6708513 13771753 13079840 14864160 16490822 1178385 1258161 34669488 34669165 124728 170905 11000 98987 385331 434480 1542768 61066 2063827 765438 X 12399005 13310314 12858310 12468065 7348346 8125348 32605661 33903727 34669488 34669165 X -842318 2090578 49806 X 0 1 X 1 0 X 2035598 2977576 3138304 1028065 1652208 10831751 203000 202100 201000 221000 228000 1055100 2238598 3179676 3339304 1249065 1880208 11886851 1277996 10608855 532972 546443 630320 710783 723246 3143764 16028 6237 16990 49631 55606 144492 15175107 3627216 0.69910 0.67870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 15087171 61733 2660845 1323513 16486236 14773186 126041 1682115 1494171 15087171 15470514 9800 139352 846480 14773186 14266120 384362 1703232 883200 15470514 12747775 2619869 1101524 14266120 0.57140 0.42860 0 0 602918 602918 783002 401550 381452 17031274 5130263 11901011 694734 500275 194459 676425 676425 0 13079840 CHARITABLE GIFT ANNUITY OBLIGATIONS 61066 61066 X 6038012 2090578 197900 534006 2822484 3215528 5050 5050 3220578 4739946 228000 454100 682100 4057846 5050 5050 4062896 PART III, LINE 1A: METHOD TO RECORD THE WORKS OF ART WORKS OF ART ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. ACCORDINGLY, THE COST OF COLLECTION ITEMS PURCHASED IS REPORTED AS A DECREASE IN NET ASSETS AND PROCEEDS FROM THE SALE OF COLLECTION ITEMS ARE REPORTED AS AN INCREASE IN NET ASSETS. PART III, LINE 4: HOW TO FURTHER THE MUSEUM'S EXEMPT PURPOSE THE MUSEUM COLLECTS BOTH HISTORIC AND CONTEMPORARY WORKS BY ARTISTS FROM THE BUCKS COUNTY REGION. THE COLLECTION SERVES AS THE CORE RESOURCE FOR THE MYRIAD EXHIBITIONS THAT EDUCATE THE COMMUNITY ABOUT THE REGION'S ARTISTIC HERITAGE. AS THE PRINCIPAL RESOURCE FOR INFORMATION ABOUT AND RESEARCH ON BUCKS COUNTY ARTISTS, THE MUSEUM ACTIVELY COLLECTS ARCHIVAL MATERIALS AND MAINTAINS RESEARCH FILES ON MORE THAN 1,500 REGIONAL ARTISTS OF ALL CREATIVE DISCIPLINES. PART V, LINE 4: INTENDED USE OF THE MUSEUM'S ENDOWMENT FUNDS THE ENDOWMENTS PROVIDE FINANCIAL SUPPORT FOR COLLECTION CARE, ACQUISITION, AND OTHER PURPOSES. PART X, LINE 2: UNCERTAIN TAX POSITIONS UNDER ASC 740 GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PRESCRIBE A MINIMUM RECOGNITION THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET IN ORDER TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. THE MUSEUM BELIEVES THAT IT HAD NO UNCERTAIN TAX POSITIONS AS DEFINED IN THE STANDARD AND, AS A RESULT, THE ADOPTION OF THE STANDARD HAD NO IMPACT ON THE MUSEUM'S FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 187,826. RENTAL EXPENSES 152,006. CHANGE IN BENEFICIAL INTEREST IN SPLIT INTEREST AGREEMENTS 79,906. EVENT DIRECT EXPENSES 114,268. PART XI, LINE 4B - OTHER ADJUSTMENTS: ART COLLECTION ITEMS PURCHASED 5,050. LOSS ON DISPOSAL OF ASSETS PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 187,826. RENTAL EXPENSES 152,006. EVENT DIRECT EXPENSES 114,268. PART XII, LINE 4B - OTHER ADJUSTMENTS: ART COLLECTION ITEMS PURCHASED 5,050. ART OF WINE 135605 114805 20800 16467 18255 GRACE GALA 65000 42250 22750 40007 3600 10899 1 32150 21575 10575 18315 900 5825 232755 178630 54125 74789 4500 34979 114268 -60143 X X X X 0 0 0 0 0 0 0 0 0 LISA TREMPER HANOVER DIRECTOR & CEO 133169 0 0 0 0 0 9450 0 7462 0 150081 0 0 0 BRUCE KATSIFF FORMER DIRECTOR & CEO 10000 0 0 0 0 0 0 0 0 0 10000 0 0 0 X 2 SEE PART II FOR DETAILS 0 0 1 0 PART I, LINE 33: WORKS OF ART ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. THE COST OF COLLECTION ITEMS PURCHASED IS REPORTED AS A DECREASE IN NET ASSETS AND PROCEEDS FROM THE SALE OF COLLECTION ITEMS ARE REPORTED AS AN INCREASE IN NET ASSETS. FORM 990, PART VI, SECTION B, LINE 11 GOVERNING BODY REVIEW OF FORM 990 PRIOR TO FILING WITH THE IRS, A DRAFT FORM 990 IS REVIEWED AND APPROVED BY THE FINANCE/AUDIT COMMITTEE. ONCE THE DRAFT FORM 990 IS APPROVED BY THE FINANCE/AUDIT COMMITTEE, IT IS MADE AVAILABLE TO THE BOARD OF DIRECTORS AND APPROVED BY THE BOARD FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C ENFORCEMENT AND MONITORING OF THE CONFLICT OF INTEREST POLICY THE CONFLICT OF INTEREST POLICY IS GIVEN TO ALL BOARD MEMBERS AND KEY EMPLOYEES ON AN ANNUAL BASIS. THE POLICY IS REVIEWED AND SIGNED. IF A CONFLICT OF INTEREST IS RAISED, THE MATTER IS BROUGHT TO THE ATTENTION OF THE FULL BOARD WHERE IT IS DISCUSSED AND DECIDED WHETHER A CONFLICT EXISTS. IF A CONFLICT OF INTEREST EXISTS, THE BOARD MEMBER OR KEY EMPLOYEE WILL EXCUSE THEMSELVES IN ACCORDANCE WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15A PROCESS FOR DETERMINING COMPENSATION THE DIRECTOR & CEO'S CONTRACT IS APPROVED BY THE BOARD OF DIRECTORS. COMPENSATION IS COMPARED TO SIMILAR ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 PUBLIC AVAILABILITY OF OTHER DOCUMENTS THE MUSEUM'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE MUSEUM'S WEBSITE, THROUGH CHARITY NAVIGATOR, GUIDESTAR AND UPON REQUEST. FORM 990, PART XI, LINE 9: IN-KIND CONTRIBUTION (NON-CURRENT PORTION) -30,100. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 79,906.