2014-05-15T13:10:18-05:00 2013-06-30 421539623 KMH LLP 1003 BISHOP STREET SUITE 2400 HONOLULU HI 96813 990 2012-07-01 990161980 BISHOP MUSEUM BISH 8088473511 1525 BERNICE STREET HONOLULU HI 968172704 BLAIR COLLIS 8088473511 2014-05-15 1 DEANNA C AWA P00647777 8085262255 2012 2016-03-07 17:11:31Z BLAIR COLLIS 1525 BERNICE STREET HONOLULU HI 968172704 19159669 0 X WWW.BISHOPMUSEUM.ORG X 1889 HI THE BISHOP MUSEUM IS THE CARETAKER OF EXTENSIVE CULTURAL AND NATURAL HISTORY COLLECTIONS OF HAWAII AND THE PACIFIC. THE MUSEUM'S EXHIBITS, PROGRAMS, AND RESEARCH EDUCATE HAWAII'S RESIDENTS AND NON-RESIDENT VISITORS ABOUT HAWAII'S CULTURAL AND NATURAL HISTORY. 29 23 218 348 55171 28573 11008048 8947653 1926339 2090192 580375 550926 575350 444546 14090112 12033317 0 0 0 0 6439289 6135771 146425 0 746756 6516710 6233277 13102424 12369048 987688 -335731 86016758 88336964 13629677 14997985 72387081 73338979 X AS "THE MUSEUM OF HAWAI'I", BERNICE PAUAHI BISHOP MUSEUM'S MISSION IS TO BE A GATHERING PLACE AND EDUCATIONAL CENTER THAT ACTIVELY ENGAGES PEOPLE IN THE PRESENTATION, EXPLORATION AND PRESERVATION OF HAWAI'I'S CULTURAL HERITAGE AND NATURAL HISTORY, AS WELL AS ITS ANCESTRAL CULTURE THROUGHOUT THE PACIFIC. 0 0 2792532 1944039 PUBLIC PROGRAMS - PUBLIC PROGRAMS PROVIDE INFORMAL EDUCATIONAL EXPERIENCES THAT TELL THE STORY OF HAWAII AND THE PACIFIC. THE PROGRAM TAKES FULL ADVANTAGE OF THE COMPREHENSIVE RESOURCES OF THE MUSEUM'S COLLECTIONS AND RESEARCH PRODUCTS, AND PROVIDES VISITORS AND HAWAII RESIDENTS WITH DIVERSE PROGRAMS. INCLUDED IN PUBLIC PROGRAMMING IS THE 12-ACRE AMY B.H. GREENWELL ETHNOBOTANICAL GARDEN (GARDEN) LOCATED ON THE ISLAND OF HAWAII. THE GARDEN SUPPORTS NATIVE HAWAIIAN CULTURAL TRADITIONS OF LAND USE AND PLANTS, AND CONSERVATION OF PLANT RESOURCES VIA TRADITIONAL HAWAIIAN CULTURAL MEANS. FOR THE FISCAL YEAR JUNE 30, 2013, THE MUSEUM HAD APPROXIMATELY 182,076 RESIDENT AND 96,996 NON-RESIDENT VISITORS. 1795551 188751 NATURAL SCIENCES - NATURAL SCIENCES ACTIVITIES INCLUDE PROVIDING UNDERSTANDING OF THE NATURAL ENVIRONMENTS OF HAWAII AND THE PACIFIC, PROVIDING INFORMATION FOR CONSERVING THE BIODIVERSITY OF THOSE ENVIRONMENTS AND, BY CONTRIBUTING TO PUBLIC PROGRAMS, EXPANDING EDUCATIONAL EXPERIENCES IN SCIENCE FOR HAWAII RESIDENTS AND MUSEUM VISITORS. 974416 173492 CULTURAL RESOURCES - ACTIVITIES IN THE CULTURAL RESOURCES PROGRAM INCLUDE FIELD AND COLLECTIONS-BASED RESEARCH UNDERTAKEN IN COLLABORATION WITH INDIGENOUS PEOPLES AND MORE RECENT IMMIGRANTS OF HAWAII. TRADITIONAL KNOWLEDGE SYSTEMS, PHILOSOPHIES OF KNOWLEDGE, AND SCIENCE ARE HISTORICALLY APPLIED. THE PROGRAM ALSO PROVIDES FEE-BASED CONSULTING SERVICES RELATED TO THE CULTURAL SCIENCES. 187106 482984 MERCHANDISING - PRODUCTS IN THE MERCHANDISING PROGRAM INCLUDE HAWAIIAN-MADE AND SCIENCE-RELATED ITEMS SOLD AT THE MUSEUM'S RETAIL SHOPS, MUSEUM PRESS PUBLICATIONS, FACILITY RENTALS, AND ARRANGEMENTS TO LICENSE MUSEUM IMAGES. MUSEUM EARMARKS - MUSEUM EARMARKS INCLUDE PROGRAMS FUNDED BY THE FEDERAL GOVERNMENT FOR MUSEUMWIDE ACTIVITIES. INCLUDED IN MUSEUM EARMARKS ARE EXPENSES FOR PROGRAMS SUPPORTED BY THE U.S. DEPARTMENT OF EDUCATION, DEPARTMENT OF INTERIOR - NATIONAL PARK SERVICE, AND INSTITUTE OF MUSEUM AND LIBRARY SERVICES. 187106 482984 5749605 1 1 0 1 0 0 1 1 0 1 1 0 0 1 1 1 0 1 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 1 1 1 0 0 1 X 108 0 1 218 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 29 23 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 HI X X PADDY KAUHANE 8088484195 1525 BERNICE STREET HONOLULU HI 96817 BLAIR D COLLIS 39.00 1.00 X X 174330 0 24909 DANIEL K AKAKA JR 1.00 X 0 0 0 CHARMAN J AKINA MD 1.00 X 0 0 0 JEANNE A ANDERSON 1.00 X 0 0 0 MICHAEL J CHUN PHD 1.00 X 0 0 0 HAUNANI S APOLIONA 1.00 X 0 0 0 H MITCHELL D'OLIER 1.00 X 0 0 0 ALLISON HOLT GENDREAU 1.00 X X 0 0 0 HEATHER GIUGNI 1.00 X 0 0 0 RICK HUMPHREYS 1.00 X 0 0 0 GEORGINA KAWAMURA 1.00 X 0 0 0 JEN-L LYMAN 1.00 X 0 0 0 ANTON C KRUCKY 1.00 X 0 0 0 KAPIOLANI K MARIGNOLI 1.00 X 0 0 0 WATTERS O MARTIN JR 1.00 X X 0 0 0 GARY T NISHIKAWA 1.00 X 0 0 0 RICHARD PAGLINAWAN 1.00 X 0 0 0 WILLIAM CA PIEPER II 1.00 X 0 0 0 HARRY A SAUNDERS 1.00 X X 0 0 0 SCOTT SEU 1.00 X 0 0 0 GULAB WATUMULL 1.00 X 0 0 0 GAYLORD WILCOX 1.00 X 0 0 0 ERIC K YEAMAN 1.00 X 0 0 0 TIMOTHY E JOHNS 1.00 X 0 0 0 RANDY PERREIRA 1.00 X 0 0 0 JAMES POLK 1.00 X 0 0 0 BERNARD UY 1.00 X 0 0 0 DEE JAY MAILER 1.00 X 0 0 0 SANNE HIGGINS 1.00 X 0 0 0 DENYS S KAZAMA 39.00 1.00 X 109000 0 8100 KAHIKINO N DETTWEILER 39.00 1.00 X 83485 0 7715 ENCARNACION NAKAMAEJO 39.00 1.00 X 39903 0 15937 NICOLE SAKAI 39.00 1.00 X 42954 0 5786 PADDY KAUHANE 39.00 1.00 X 0 0 0 CAROL DIEBEL 39.00 1.00 X 0 0 0 449672 0 62447 2 0 1 0 SPITZ INC PO BOX 198 CHADDS FORD PA 19317 PLANETARIUM RENOVATION 1206800 CONSTRUCTORS HAWAII INC 1728 KAHAI STREET HONOLULU HI 96819 CONSTRUCTION 1028722 ROBERT MARCOS INC 5 SAND ISLAND ACCESS ROAD UNIT 143 HONOLULU HI 96819 WOODWORKING 845370 TECHNICAL INNOVATION 51-349 KAMEHAMEHA HWY KAAAWA HI 96730 DATABASE AND TECHNOLOGY 147946 THINKWELL GROUP INC 695 SOUTH GLENWOOD PLACE BURBANK CA 91506 MUSEUM EXHIBIT 130000 7 778131 325720 2740058 5103744 319591 8947653 ADMISSIONS 900004 1767518 1767518 RESEARCH CONTRACTS 900004 322674 322674 2090192 131602 131602 245723 163441 82282 82282 82282 6849394 6430070 419324 419324 419324 90450 325720 232746 -142296 -142296 774692 300095 474597 419426 55171 COMMISSION/ROYALTY 900004 27848 27848 OTHER INCOME 900099 2115 2115 29963 12033317 2539581 55171 490912 680018 680018 3718523 2264489 1217344 236690 1238609 740524 419632 78453 498621 253396 218290 26935 2582 2582 195263 195263 704993 437080 186412 81501 120729 16212 104517 761078 381313 278578 101187 137234 52479 65267 19488 1057563 24226 1033171 166 295170 259816 21341 14013 1891606 866597 873044 151965 245526 12959 232567 EXHIBIT RENTALS 268000 268000 0 0 LICENSES AND FEES 52037 5951 45786 300 FOOD AND BEVERAGES 44051 27860 1088 15103 MEMBERSHIP DUES 43549 18680 24409 460 413896 120023 273378 20495 12369048 5749605 5872687 746756 274005 185831 255554 482924 2037913 1767714 5743802 6091740 14377 366504 344984 205207 282815 76602193 25456468 50295259 51145725 4893214 5184000 21945300 22836854 86016758 88336964 6492020 5455821 333965 359083 6709484 9079759 94208 103322 13629677 14997985 X 44352051 44463250 2774057 2739881 25260973 26135848 72387081 73338979 86016758 88336964 X -335731 -48771 1336400 X 0 1 X 1 1 1 X 13340894 10508650 11670945 11008048 8947653 55476190 13340894 10508650 11670945 11008048 8947653 55476190 938779 54537411 419283 434935 412065 337400 377325 1981008 49996 60716 56951 60699 55171 283533 56010 54740 50525 68600 90450 320325 58061056 13655144 0.93930 0.93450 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: SPECIAL EVENTS REVENUE RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 13821 0 0 13821 0 EXPLANATION OF LOBBYING ACTIVITIES: PART II-B, LINE 1: BISHOP MUSEUM'S PRESIDENT AND GOVERNMENT AFFAIRS STAFF WORK WITH THIRD PARTY LOBBYISTS TO ENGAGE IN DISCUSSIONS WITH STATE LEGISLATORS REGARDING THE MUSEUM'S OPERATING SUBSIDY AND GRANT-IN-AID PROPOSALS SUBMITTED FOR FUNDING CAPITAL PROJECTS AT THE MUSEUM. X X 4 595.00 2 0 0 1 0 500.00 5000 0 X X X X 1 26209434 1314017 133802 27389649 26953483 -543648 200400 26209434 23803659 3350224 200400 26953483 22534615 25534 1443916 200406 23803659 27990622 56200 -5326382 185825 22534615 0.00550 0.95420 0.04030 1 0 415714 3872445 4288159 260000 35778031 8647993 27390038 18100320 8277346 9822974 9496439 8531129 965310 8679244 8679244 51145725 ASSETS HELD IN CHARITABLE REMAINDER TRUSTS 333305 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 22503549 22836854 LIABILITY UNDER CHARITABLE REMAINDER TRUSTS 103322 103322 X DESCRIPTION OF HOW ORGANIZATION REPORTS CONSERVATION EASEMENTS: PART II, LINE 9: THE LAND AND BUILDINGS SUBJECT TO CONSERVATION EASEMENTS ARE REPORTED ON THE ORGANIZATIONS BALANCE SHEET AT FAIR MARKET VALUE AT THE TIME OF DONATION. THE ORIGINAL VARYING VALUE OF THE LAND OR BUILDINGS ARE NOT DEPRECIATED. IMPROVEMENTS ARE REPORTED AT COST AND DEPRECIATED ON A STRAIGHT LINE METHOD OVER THE ESTIMATED USEFUL LIFE OF THE IMPROVEMENTS. PART III, LINE 1A: THE MUSEUM HAS EXTENSIVE COLLECTIONS OF ART, RARE BOOKS AND MANUSCRIPTS, CULTURAL ARTIFACTS AND NATURAL HISTORY SPECIMENS. THOSE COLLECTIONS ARE MAINTAINED UNDER CURATORIAL CARE AND HELD FOR RESEARCH, EDUCATION AND PUBLIC EXHIBITION IN FURTHERANCE OF PUBLIC SERVICE. PROCEEDS FROM THE SALES OF THE COLLECTIONS, IF ANY, ARE USED TO ACQUIRE OTHER ITEMS FOR THE COLLECTIONS. THE COST OF COLLECTIONS PURCHASED BY THE MUSEUM IS REFLECTED IN THE CONSOLIDATED STATEMENTS OF ACTIVITIES AS AN EXPENSE IN THE YEAR OF ACQUISITION. DONATED COLLECTION ITEMS ARE NOT REFLECTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. PART III, LINE 4: BISHOP MUSEUM WAS DESIGNATED AS THE HAWAII STATE MUSEUM OF NATURAL AND CULTURAL HISTORY IN 1988. ITS CULTURAL AND NATURAL COLLECTIONS ENCOMPASS MORE THAN 24 MILLION CATALOGUED OBJECTS. THE CULTURAL COLLECTION WAS ESTABLISHED WITH HAWAIIAN ARTIFACTS AND HEIRLOOMS FROM THE KAMEHAMEHA MONARCHY AND HAS EXPANDED TO INCLUDE ARTIFACTS, DOCUMENTS AND PHOTOGRAPHS ABOUT HAWAII AND OTHER PACIFIC ISLAND CULTURES. THE CULTURAL COLLECTION CURRENTLY INCLUDES OVER 1.3 MILLION ARTIFACTS, 115,000 HISTORICAL PUBLICATIONS AND 1 MILLION HISTORICAL PHOTOGRAPHS, FILMS, WORKS OF ART, AUDIO RECORDINGS AND MANUSCRIPTS. THE NATURAL HISTORY COLLECTION CURRENTLY CONSISTS OF 22.3 MILLION SPECIMENS OF PLANT AND ANIMAL LIFE OF HAWAII AND THE PACIFIC, INCLUDING SPECIMENS THAT ARE NOW EXTINCT. THE COLLECTIONS ARE THE CENTER OF THE ORGANIZATION'S MISSION TO STUDY, PRESERVE AND TELL THE STORIES OF THE NATURAL AND CULTURAL HISTORY OF HAWAII AND THE PACIFIC. RESEARCH BASED ON THE COLLECTIONS PROVIDE THE BASIS FOR EDUCATION AND EXHIBITIONS PROVIDED TO THE PUBLIC. THE COLLECTIONS ARE MAINTAINED UNDER CURATORIAL CARE TO PRESERVE ARTIFACTS FOR THE EDUCATION OF FUTURE GENERATIONS. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS ARE USED FOR EDUCATION, COLLECTIONS CARE, RESEARCH, AND GENERAL OPERATIONS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE MUSEUM HAS EVALUATED ITS TAX POSITIONS AND DETERMINED THAT THERE WERE NO UNCERTAIN TAX POSITIONS AT JUNE 30, 2013 AND 2012. PART II, LINE 8: THIS QUESTION IS NOT APPLICABLE TO THE EXEMPT ORGANIZATION. AS SUCH, IT HAS BEEN MARKED NO. EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES ARCHAEOLOGICAL AND NATURAL SCIENCE RESEARCH 365525 0 0 0 0 0 0 365525 0 365525 0 0 0 0 0 0 BPB ANNUAL DINNER 416170 325720 90450 17365 32869 5989 176523 416170 325720 90450 17365 32869 5989 176523 232746 -142296 X 1 1 X X X X 0 0 0 0 0 0 0 0 0 BLAIR D COLLIS 174330 0 0 0 0 0 0 0 24909 0 199239 0 0 0 PART I, LINE 1A BISHOP MUSEUM PAYS MONTHLY DUES FOR THE PRESIDENT'S MEMBERSHIP IN A LOCAL SOCIAL CLUB. THE PRESIDENT MAINLY ENTERTAINS BUSINESS GUESTS AT THE CLUB. BLAIR COLLIS PRESIDENT/CEO SEE PART V X 14377 14377 0 0 0 14377 J LYMAN - VICE PRESIDENT OF FIRST HAWAIIAN BANK DIRECTOR OF EO AND VP OF INTERESTED PERSON (FIRST HAWAIIAN BANK) 300577 EO PAID FIRST HAWAIIAN BANK FOR INTEREST ON LOAN FACILITY, ENERGY EFFICIENCY LEASE, VEHICLE LEASE AND CORPORATE CREDIT CARD. 0 S SEU & T JOHNS - VP & DIRECTOR OF HAWAIIAN ELECTRIC COMPANY INC (HECO) DIRECTORS OF EO AND VP & DIRECTOR OF INTERESTED PERSON (HECO) 975460 EO PAID HECO, AN ELECTRIC COMPANY, FOR ITS MONTHLY UTILITY INVOICES. 0 M CHUN & T JOHNS - DIR&VPDIR HAWAII MEDICAL SERVICE ASSOCIATION (HMSA) DIRECTORS OF EO AND DIRECTOR & VP/DIRECTOR OF INTERESTED PERSON (HMSA) 576050 EO PAID HMSA FOR HEALTH INSURANCE PREMIUMS FOR ITS EMPLOYEES. 0 R HUMPHREYS SR - FATHER OF VP OF MONARCH INSURANCE SERVICES INC DIRECTOR OF EO & THE FATHER OF THE VP OF MONARCH INSURANCE SERVICES, INC. 123165 MONARCH INSURANCE SERVICES, INC. IS THE MUSEUM'S INSURANCE AGENT AND OBTAINS INSURANCE COVERAGE ON ITS BEHALF FROM INSURANCE COMPANIES. 0 SCH L, PART II, LOANS TO AND FROM INTERESTED PERSONS: PURPOSE OF LOAN: PROFESSIONAL DEVELOPMENT COSTS CHARGED TO MUSEUM'S CREDIT CARD AND SUBSEQUENTLY DETERMINED TO BE NON-REIMBURSABLE.LOAN TO BLAIR COLLIS OF $14,377 DOES NOT INCLUDE FORGONE INTEREST THAT SHOULD BE COMPUTED BASED ON THE APPLICABLE FEDERAL INTEREST RATE. X 4 35578 FAIR MARKET VALUE X 1 260000 FAIR MARKET VALUE X BPAD SILENT AUCTION CONTRIBUTIONS 46 24013 FAIR MARKET VALUE 0 0 1 1 METHOD FOR DETERMINING NUMBER OF CONTRIBUTIONS: PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. THIRD PARTY USE: PART I, LINE 32B: INVESTMENT MANAGER, MORGAN STANLEY, SELLS SECURITIES DONATED TO THE MUSEUM. AUTOS, NON-COLLECTION ART, AND BOOKS ARE SOLD THROUGH VARIOUS AUCTION SERVICES. FORM 990, PART V: QUESTIONS 7G AND 7H ARE NOT APPLICABLE TO THE EXEMPT ORGANIZATION. AS SUCH, THEY HAVE BEEN MARKED NO. FORM 990, PART VI, SECTION A, LINE 2 MICHAEL J. CHUN (HAWAII MEDICAL SERVICE ASSOCIATION) - BUSINESS RELATIONSHIP TIMOTHY E. JOHNS (HAWAII MEDICAL SERVICE ASSOCIATION) - BUSINESS RELATIONSHIP SCOTT SEU (HAWAIIAN ELECTRIC COMPANY) - BUSINESS RELATIONSHIP TIMOTHY E. JOHNS (HAWAIIAN ELECTRIC COMPANY) - BUSINESS RELATIONSHIP ANTON C. KRUCKY (CHILD & FAMILY SERVICES) - BUSINESS RELATIONSHIP TIMOTHY E. JOHNS (CHILD & FAMILY SERVICES) - BUSINESS RELATIONSHIP H. MITCHELL D'OLIER (GROVE FARM LAND) - BUSINESS RELATIONSHIP TIMOTHY E. JOHNS (GROVE FARM LAND) - BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11 AFTER THE FORM 990 IS FINALIZED BY THE PREPARER BUT BEFORE IT IS FILED, THE DIRECTOR OF ACCOUNTING REVIEWS IT WITH THE CHIEF FINANCIAL OFFICER. THEN THE CHIEF FINANCIAL OFFICER REVIEWS IT WITH THE PRESIDENT AND THE CHIEF OPERATING OFFICER. THE 990 IS EMAILED TO THE AUDIT & FINANCE COMMITTEE BEFORE THE COMMITTEE'S MONTHLY MEETING FOR THEIR REVIEW. THE AUDIT & FINANCE COMMITTEE ACCEPTS THE 990 AT THEIR MONTHLY MEETING. THE 990 IS THEN EMAILED TO THE EXECUTIVE COMMITTEE AND ACCEPTED BY THE COMMITTEE AT THEIR MONTHLY MEETING. THE CHIEF FINANCIAL OFFICER EMAILS THE FULL BOARD OF DIRECTORS TO NOTIFY THEM THAT THE 990 WILL BE EMAILED TO THEM UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C WHEN CONTRACTS ARE EXECUTED, THE GENERAL COUNSEL AND LEGAL ASSISTANT COMPARE THE VENDOR WITH WHOM THE CONTRACT IS BEING MADE TO A LIST OF ORGANIZATIONS AFFILIATED WITH THE EO'S OFFICERS AND DIRECTORS TO ENSURE THAT ANY CONFLICTS OF INTEREST ARE NOTED. ANY CONFLICTS OF INTEREST MUST BE APPROVED BY THE AUDIT & FINANCE COMMITTEE. ALSO, ALL DIRECTORS ARE REQUIRED TO DISCLOSE ANNUALLY ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 WHEN THE CURRENT CEO WAS HIRED, THE POTENTIAL COMPENSATION WAS FIRST DISCUSSED AMONG THE BOARD CHAIR, BOARD VICE CHAIR, CEO, AND THE ORGANIZATION'S TOP FINANCIAL OFFICER. IN A LATER MEETING, THE BOARD OF DIRECTORS EXECUTIVE COMMITTEE WAS PRESENTED WITH COMPARISON DATA OF THE CEO'S POTENTIAL COMPENSATION AND THE PREVIOUS CEO'S COMPENSATION. AT THE SAME MEETING, THE COMMITTEE AUTHORIZED THE BOARD CHAIR TO FINALIZE THE TERMS OF A CONTRACT WITH THE CEO WHICH INCLUDED COMPENSATION. THE FINAL CONTRACT WAS APPROVED BY THE FULL BOARD OF DIRECTORS AT A SUBSEQUENT MEETING. THIS PROCESS WAS RECORDED GENERALLY IN THE MINUTES OF THE MEETINGS. SIMILARLY, WHEN OFFICERS OR KEY EMPLOYEES ARE HIRED, A COMPENSATION RANGE IS DISCUSSED AMONG THE BOARD CHAIR, BOARD VICE CHAIR, CEO, AND THE ORGANIZATION'S TOP FINANCIAL OFFICER. IN A LATER MEETING, THE BOARD OF DIRECTORS EXECUTIVE COMMITTEE IS PRESENTED WITH COMPARISON DATA OF THE OFFICER OR KEY EMPLOYEE'S POTENTIAL COMPENSATION TO OTHER COMPANIES AND NONPROFIT ORGANIZATIONS. AT THE SAME MEETING, THE COMMITTEE AUTHORIZES THE BOARD CHAIR TO FINALIZE THE TERMS OF A CONTRACT WITH THE NEW EMPLOYEE WHICH INCLUDES COMPENSATION WITHIN AN APPROVED RANGE. THIS PROCESS IS RECORDED GENERALLY IN THE MINUTES OF THE MEETINGS. IN RECENT YEARS, THERE HAVE BEEN NO INCREASES TO COMPENSATION FOR OFFICERS AND KEY EMPLOYEES. IN FACT, COMPENSATION FOR THESE EMPLOYEES HAS DECREASED SINCE 2006. IN THE FUTURE, WHEN RAISES ARE GIVEN TO OFFICERS AND KEY EMPLOYEES FOR REASONS OTHER THAN INFLATIONARY INCREASES, THE RAISES WILL BE PRESENTED TO THE BOARD OF DIRECTORS ALONG WITH COMPARABLE DATA. THE BOARD OF DIRECTORS WILL APPROVE SUCH RAISES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE ON THE MUSEUM'S WEBSITE AND UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF TRUST ASSETS 891,758. ROUNDING 5. ACCRUED PENSION LIABILITY ADJUSTMENT UNDER SFAS 158 444,637. FROM 990, PART I, LINE 6: THE ESTIMATE VOLUNTEER COUNT REPRESENTS REGULAR VOLUNTEERS WHO VOLUNTEER CONSISTENTLY THROUGHOUT THE YEAR. THESE VOLUNTEERS PROVIDE PROGRAM SERVICES, COLLECTION MANAGEMENT SERVICES, GROUNDSKEEPING, AND ADMINISTRATIVE SUPPORT. THE MUSEUM ALSO UTILIZES VOLUNTEERS IN VARIOUS ROLES TO SUPPORT LARGE EVENTS. THESE OCCASIONAL VOLUNTEERS ARE NOT INCLUDED IN THE COUNT PROVIDED. FULL-TIME, PART-TIME AND CASUAL VOLUNTEER ACTIVITIES ARE TRACKED BY HOURS. FOR THE PERIOD JULY 1, 2012 - JUNE 30, 2013, THE MUSEUM RECORDED 17,040 VOLUNTEER HOURS. HAWAII MARITIME CENTER 1525 BERNICE STREET HONOLULU HI 96817 990196626 MUSEUM HI 501(C)(3) LINE 7 BISHOP MUSEUM 1 CHARITABLE REMAINDER TRUSTS (2) CHARITABLE HI BISHOP MUSEUM T 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 HAWAII MARITIME CENTER D 5049959 CASH HAWAII MARITIME CENTER O 17000 CASH