2013-02-15T11:04:05-06:00 2012-06-30 952302617 SINGERLEWAK LLP 10960 WILSHIRE BLVD STE 700 LOS ANGELES CA 900243783 990 2011-07-01 951644589 HENRY E HUNTINGTON LIBRARY AND ART GALLERY HENR 6264052150 1151 OXFORD ROAD SAN MARINO CA 911081218 ALISON D SOWDEN 6264052150 2013-02-13 1 LIOR TEMKIN P00748170 3104773924 2013-02-13 2011 2016-03-07 17:11:31Z STEVEN KOBLIK 1151 OXFORD ROAD SAN MARINO CA 911081218 141267158 0 X WWW.HUNTINGTON.ORG X 1919 CA BUILDING ON HENRY E. HUNTINGTON'S LEGACY OF RENOWNED COLLECTIONS AND BOTANICAL GARDENS THAT ENRICH THE VISITOR, THE HUNTINGTON TODAY ENCOURAGES RESEARCH AND PROMOTES EDUCATION IN THE ARTS, HUMANITIES, AND BOTANICAL SCIENCES THROUGH THE GROWTH AND PRESERVATION OF ITS COLLECTIONS, THROUGH THE DEVELOPMENT AND SUPPORT OF A COMMUNITY OF SCHOLARS, AND THROUGH THE DISPLAY AND INTERPRETATION OF ITS EXTRAORDINARY RESOURCES TO THE PUBLIC. 5 5 494 1089 -1079962 -1225619 177823530 24811038 6354450 6235800 17193012 23552564 1128369 4592568 202499361 59191970 1766474 1504404 0 0 19853068 21621220 0 0 3079796 33879085 25828304 55498627 48953928 147000734 10238042 568715654 546872048 9713071 10878409 559002583 535993639 X SEE SCHEDULE O 0 0 17575239 1504404 671527 SEE SCHEDULE O 11576965 39004 SEE SCHEDULE O 7335520 193142 SEE SCHEDULE O 5030430 6394645 THE HUNTINGTON LIBRARY, ART COLLECTIONS, AND BOTANICAL GARDENS IS A COLLECTIONS-BASED RESEARCH AND EDUCATIONAL INSTITUTION SERVING SCHOLARS AND THE GENERAL PUBLIC.EACH YEAR, THE HUNTINGTON:* PROVIDES MORE THAN 1,600 SCHOLARS WITH RESEARCH ACCESS TO A WORLD-CLASS COLLECTION OF RARE BOOKS, MANUSCRIPTS, PHOTOGRAPHS, MAPS, PAINTINGS, PRINTS, SCULPTURES, DECORATIVE ARTS, AND RELATED MATERIALS;* AWARDS APPROXIMATELY $1.5 MILLION IN FELLOWSHIPS TO SCHOLARS FOR ADVANCED HUMANITIES RESEARCH THROUGH A PEER-REVIEW PROCESS;* EDUCATES THOUSANDS OF SCHOOL CHILDREN AND THEIR TEACHERS IN ART, HISTORY, LITERATURE, AND BOTANICAL SCIENCE THROUGH SPECIAL TOURS AND PROGRAMS;* ORGANIZES SPECIAL EXHIBITIONS TO ENHANCE THE VISITOR EXPERIENCE, INTERPRET THE COLLECTIONS, AND FACILITATE LEARNING; AND* HOSTS MORE THAN 500,000 VISITORS.THE HUNTINGTON HAS A MEMBERSHIP TOTALING MORE THAN 33,000, A VOLUNTEER CORPS OF MORE THAN 1,000, AND A STAFF OF ABOUT 350. IT IS AN INDEPENDENT NON-PROFIT ORGANIZATION, SUPPORTED BY GIFTS AND GRANTS FROM INDIVIDUALS, CORPORATIONS, FOUNDATIONS, AND GOVERNMENT AGENCIES AND BY A PRIVATE ENDOWMENT. 5030430 6394645 41518154 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 1 0 1 0 0 0 1 1 0 0 0 0 0 0 1 0 1 1 0 0 0 1 0 0 0 0 1 317 0 1 494 1 1 1 1 CJ 0 0 0 1 1 0 0 0 0 X 5 5 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X ALISON D SOWDEN 6264052152 1151 OXFORD ROAD SAN MARINO CA 911081218 PAUL G HAAGA JR 10.00 X 0 0 0 ANNE F ROTHENBERG 10.00 X 0 0 0 LOREN R ROTHSCHILD 10.00 X 0 0 0 GENEVA H THORNTON 10.00 X 0 0 0 STEWART R SMITH 10.00 X X 0 0 0 GEORGE ABDO UNTIL 83111 40.00 X 185360 0 24411 JAMES FOLSOM 40.00 X 167680 0 17574 STEVE HINDLE FROM 70111 40.00 X 92241 0 14989 STEVEN KOBLIK 40.00 X 414553 0 36869 JOHN MURDOCH 40.00 X 231312 0 28746 RANDY SHULMAN FROM 90111 40.00 X 121365 0 16710 ALISON D SOWDEN 40.00 X 230468 0 30372 DAVID ZEIDBERG 40.00 X 217085 0 25463 ROBERT CARTER 38.00 X 135788 0 14313 DEBORAH JOHNSTON 38.00 X 121523 0 18728 MARY MOSER 38.00 X 111566 0 18283 LAURIE SOWD 38.00 X 140199 0 18952 SUSAN TURNER-LOWE 38.00 X 129846 0 19853 ROBERT RITCHIE UNTIL 63011 40.00 X 112986 0 11531 2411972 0 296794 13 1 1 0 ARCHITECTURAL RESOURCES GROUP INC PIER 9 THE EMBARCADERO STE 107 SAN FRANCISCO CA 94111 ARCHITECTURAL 3074791 VALLEY CREST LANDSCAPE DEVELOPMENT FILE 57515 LOS ANGELES CA 90074 LANDSCAPE MAINTENANCE 2234039 MULTIN ELECTRIC INC PO BOX 875 512 REDLAND AVE CLAREMONT CA 91711 ELECTRICIAN 1331717 DPR CONSTRUCTION 2400 MAITLAND CENTER PKWY STE 315 MAITLAND FL 32751 CONSTRUCTION 971214 GREENWOOD CONSTRUCTION 1108 DANTON RD GLENDORA CA 91741 CONSTRUCTION 418408 15 401811 339328 24069899 3287639 24811038 ADMISSION 900099 3982600 3982600 PROGRAMS 900099 954047 954047 FOOD SERVICES 900099 606279 606279 RENTAL INCOME 900099 335092 335092 FEES INCLUDING TOURS 900099 309132 309132 48650 24650 24000 6235800 5360650 -1223353 6584003 5713 5713 98545760 247697 80601543 0 17944217 247697 18191914 18191914 33950 401811 146009 -112059 -112059 2509545 1327636 1181909 1062518 119391 INSURANCE PROCEEDS 900099 3517005 3517005 3517005 59191970 6668039 -1079962 28792855 1269412 1269412 234992 234992 1987675 976719 746771 264185 79929 79929 14556432 12478565 687634 1390233 1237516 1023292 92691 121533 2518423 2082465 188632 247326 1241245 1026376 92970 121899 39237 39237 123450 123450 1802812 1802812 411180 356979 53675 526 54819 54644 175 2557778 2034815 112354 410609 12910 10930 247 1733 1942 1942 2183718 2086793 81124 15801 408121 347411 42437 18273 306908 159475 113619 33814 6888803 6830400 32635 25768 ACQUISITIONS & COLLECTI 7317839 7317839 MAINTENANCE & REPAIR 1658177 1613478 23438 21261 EXHIBITS, PROGRAMS & EV 1654595 1318583 37507 298505 PRINTING & PUBLICATIONS 406015 293044 4816 108155 48953928 41518154 4355978 3079796 54187084 32361909 19037826 17613391 978605 126471 667108 561282 314223 403729 188439522 74568927 104358880 113870595 367781837 360645145 21390091 21289526 568715654 546872048 3732986 5263651 5980085 5614758 9713071 10878409 X 269885895 265823649 168980843 148258336 120135845 121911654 559002583 535993639 568715654 546872048 X 10238042 -33246986 X 0 1 1 X 0 X 44237893 27014932 30744577 177823530 24811038 304631970 44237893 27014932 30744577 177823530 24811038 304631970 126566490 178065480 5462992 4238787 4951062 7618359 6589716 28860916 91198 209272 300470 60250 56625 55675 48350 3550955 3771855 337565211 44432504 0.52750 0.58100 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING REVENUE INSURANCE PROCEEDS RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 3287639 X X X X 1 432976175 2545872 -9640175 23568759 1802812 400510301 260747530 133804647 52120120 11976255 1719867 432976175 235058317 8346075 28125736 9410477 1372121 260747530 290945482 9753459 -53738058 10820941 1081625 235058317 0.37000 0.30000 0.33000 0 0 2082008 2082008 118675172 46059213 72615959 41919857 16237173 25682684 14843545 12272541 2571004 10918940 10918940 113870595 ASSET RETIREMENT OBLIGATION 342630 OBLIGATIONS UNDER UNITRUST 5272128 5614758 59191970 48953928 10238042 -34470339 1223353 -33246986 -23008944 22328178 -34470339 1473645 -32996694 55324872 1802812 2064286 3867098 59191970 45337122 1473645 1473645 43863477 1802812 3287639 5090451 48953928 PART III, LINE 1A: BASED ON THE HUNTINGTON ELECTION UNDER FASB 116, THE COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE HUNTINGTON'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. THE COLLECTIONS ARE HELD FOR PUBLIC EDUCATION OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FINANCIAL GAIN. HOWEVER, THE HUNTINGTON, FOR PURPOSES OF THE INFORMATION RETURN (990 AND RELATED) REPORTED THE COLLECTIONS ACQUIRED THROUGH CONTRIBUTIONS AS INCOME REVENUES, AND OFFSET BY EXPENSES. THE AMOUNT IS SHOWN AS A RECONCILING ITEM BETWEEN THE GAAP FINANCIALS AND THE INFORMATION RETURN FINANCIALS. COLLECTIONS ITEMS ARE EXPENSED WHEN PURCHASED. CONTRIBUTED COLLECTIONS ITEMS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. THE ESTIMATED FAIR VALUE OF CONTRIBUTED COLLECTIONS ITEMS AMOUNTED TO $3,287,639 AND $14,319,815 FOR THE YEARS ENDED JUNE 30, 2012 AND 2011, RESPECTIVELY. THE HUNTINGTON CONTINUALLY REVIEWS ITS COLLECTIONS AND MAY DEACCESSION OR ACQUIRE ADDITIONAL ITEMS. PROCEEDS FROM DEACCESSIONS ARE CLASSIFIED AS UNRESTRICTED, EXCEPT WHEN DONOR RESTRICTIONS APPLY. THE COLLECTIONS ARE SUBJECT TO A POLICY THAT REQUIRES PROCEEDS FROM DEACCESSIONING TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. DURING FISCAL YEAR 2012 CERTAIN ITEMS OF ART WERE DEACCESSIONED AT AUCTION. THEY HAD AN VALUE OF APPROXIMATELY $290,000. THE PROCEEDS ARE RESTRICTED FOR FUTURE ACQUISITIONS OF ART. PART III, LINE 4: THE HUNTINGTON LIBRARY, ART COLLECTIONS, AND BOTANICAL GARDENS IS A COLLECTIONS-BASED RESEARCH AND EDUCATIONAL INSTITUTION SERVING SCHOLARS AND THE GENERAL PUBLIC. EACH YEAR, THE HUNTINGTON: 1) PROVIDES MORE THAN 1,400 SCHOLARS WITH RESEARCH ACCESS TO A WORLD-CLASS COLLECTION OF RARE BOOKS, MANUSCRIPTS, PHOTOGRAPHS, MAPS, PAINTINGS, PRINTS, SCULPTURES, DECORATIVE ARTS, AND RELATED MATERIALS; 2) AWARDS APPROXIMATELY $1.5 MILLION IN FELLOWSHIPS TO SCHOLARS FOR ADVANCED HUMANITIES RESEARCH THROUGH A PEER-REVIEW PROCESS; 3) EDUCATES THOUSANDS OF SCHOOL CHILDREN AND THEIR TEACHERS IN ART, HISTORY, LITERATURE, AND BOTANICAL SCIENCE THROUGH SPECIAL TOURS AND PROGRAMS; 4) ORGANIZES SPECIAL EXHIBITIONS TO ENHANCE THE VISITOR EXPERIENCE, INTERPRET THE COLLECTIONS, AND FACILITATE LEARNING; AND 5) HOSTS MORE THAN 500,000 VISITORS. THE HUNTINGTON HAS A MEMBERSHIP TOTALING MORE THAN 33,000, A VOLUNTEER CORPS OF MORE THAN 1,000, AND A STAFF OF ABOUT 350. IT IS AN INDEPENDENT NONPROFIT ORGANIZATION, SUPPORTED BY GIFTS AND GRANTS FROM INDIVIDUALS, CORPORATIONS, FOUNDATIONS, AND GOVERNMENT AGENCIES AND BY A PRIVATE ENDOWMENT. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ENDOWMENT FUNDS ARE FUNDS KEPT IN PERPETUITY, THE SPENDING RATE FROM THE FUNDS, IF NOT RESTRICTED BY THE DONOR, ARE USED TO SUPPORT THE OPERATIONS OF THE HUNTINGTON. RESTRICTED ENDOWMENT FUNDS TYPICALLY SUPPORT THE SPECIFIC PROGRAMS, OR ACQUISITIONS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE HUNTINGTON OPERATES AS A NOT-FOR-PROFIT ORGANIZATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS AN ORGANIZATION EXEMPT FROM INCOME TAXATION PURSUANT TO INTERNAL REVENUE CODE SECTION 501(C)(3)ON ITS INCOME OTHER THAN UNRELATED BUSINESS INCOME AND HAS ALSO BEEN RECOGNIZED BY THE FRANCHISE TAX BOARD AS EXEMPT FROM STATE FRANCHISE OR INCOME TAX PURSUANT TO CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701(D) ON ITS INCOME OTHER THAN UNRELATED BUSINESS INCOME. AS REQUIRED BY GAAP, THE HUNTINGTON HAS IDENTIFIED AND EVALUATED ITS SIGNIFICANT TAX POSITIONS FOR WHICH THE STATUTE OF LIMITATIONS REMAIN OPEN AND HAS DETERMINED THAT THERE IS NO MATERIAL UNRECOGNIZED BENEFIT OR LIABILITY TO BE RECORDED. THE OPEN TAX YEARS ARE THE YEARS ENDED JUNE 30, 2009 THROUGH JUNE 30, 2012 FOR FEDERAL TAX PURPOSES AND THE YEARS ENDED JUNE 30, 2005 THROUGH JUNE 30, 2012 FOR CALIFORNIA TAX PURPOSES. THERE HAVE BEEN NO MATERIAL CHANGES IN UNRECOGNIZED BENEFITS AS OF JUNE 30, 2011 OR JUNE 30, 2012, NOR ARE ANY MATERIAL CHANGES ANTICIPATED IN THE TWELVE MONTHS FOLLOWING JUNE 30, 2012. THERE HAVE BEEN NO RELATED TAX PENALTIES OR INTEREST, WHICH WOULD BE CLASSIFIED AS A TAX EXPENSE IN THE STATEMENT OF ACTIVITIES. PART XI, LINE 8 - OTHER ADJUSTMENTS: PARTNERSHIPS INVESTMENT INCOME 1,223,353. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,327,636. DIRECT EXPENSES 146,009. PART XII, LINE 4B - OTHER ADJUSTMENTS: NON-CASH GIFTS 3,287,639. PARTNERSHIP INVESTMENT INCOME -1,223,353. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,327,636. DIRECT EXPENSE 146,009. PART XIII, LINE 4B - OTHER ADJUSTMENTS: NON-CASH GIFTS 3,287,639. 0 0 0 0 0 0 0 0 0 SUPPORT SCHOLARS USING THE LIBRARY'S COLLECTION EAST ASIA AND THE PACIFIC 4 20000 CHECK NONE NONE SUPPORT SCHOLARS USING THE LIBRARY'S COLLECTION EUROPE/ICELAND/GREEN 30 157492 CHECK NONE NONE SUPPORT SCHOLARS USING THE LIBRARY'S COLLECTION NORTH AMERICA 4 57500 CHECK NONE NONE 1 0 0 1 1 0 HUNGTINGTON BALL 435761 401811 33950 37059 13425 95525 435761 401811 33950 37059 13425 95525 146009 -112059 1 SUPPORT SCHOLARS USING THE LIBRARY'S COLLECTION 122 1269412 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE HUNTINGTON ASSEMBLES EXTERNAL PEER REVIEW COMMITTEES, GENERALLY FULL PROFESSORS FROM RESEARCH UNIVERSITIES, TO AWARD ITS FELLOWSHIPS. ALL OF THE COMMITTEES' PANELISTS MUST HAVE A DISTINGUISHED HISTORY OF SCHOLARLY ACHIEVEMENT AND CONTRIBUTIONS TO THEIR FIELD. THE COMMITTEE THAT SELECTS THE DIBNER HISTORY OF SCIENCE FELLOWS CONSISTS OF FIVE HISTORIANS OF SCIENCE. EACH OF THE OTHER THREE COMMITTEES HAS REPRESENTATIVES FROM EACH OF THE FOLLOWING FIELDS: AMERICAN HISTORY, AMERICAN LITERATURE, BRITISH HISTORY, BRITISH LITERATURE, AND ART HISTORY. WE LOOK FOR CANDIDATES WHO HAVE A BROAD OVERVIEW OF THEIR FIELD AND WHO ARE NOT COMMITTED TO A NARROW AGENDA OF SCHOLARSHIP. THE APPLICATIONS ARE ASSESSED, DISCUSSED BY THE APPROPRIATE COMMITTEE, AND A FINAL LIST IS ASSEMBLED BASED ON THE SCORES AND DISCUSSIONS. AT THE END OF THE AWARD PERIOD THE FELLOW IS REQUESTED TO PROVIDE A WRITTEN STATEMENT OF PROGRESS ON THEIR RESEARCH MADE DURING THE AWARD PERIOD TO THE HUNTINGTON'S DIRECTOR OF RESEARCH. THEY ARE ALSO REQUESTED TO KEEP THE HUNTINGTON INFORMED OF THE PUBLISHED RESULTS; A COPY OF THE BOOK IS REQUESTED BUT NOT REQUIRED. X X X X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 GEORGE ABDO UNTIL 83111 185360 0 0 0 0 0 16337 0 8074 0 209771 0 0 0 JAMES FOLSOM 167680 0 0 0 0 0 16610 0 964 0 185254 0 0 0 STEVEN KOBLIK 414553 0 0 0 0 0 24500 0 12369 0 451422 0 0 0 JOHN MURDOCH 231312 0 0 0 0 0 16984 0 11762 0 260058 0 0 0 ALISON D SOWDEN 230468 0 0 0 0 0 23531 0 6841 0 260840 0 0 0 DAVID ZEIDBERG 217085 0 0 0 0 0 16404 0 9059 0 242548 0 0 0 ROBERT CARTER 135788 0 0 0 0 0 13500 0 813 0 150101 0 0 0 LAURIE SOWD 140199 0 0 0 0 0 14323 0 4629 0 159151 0 0 0 ROBERT RITCHIE UNTIL 63011 112986 0 0 0 0 0 11207 0 324 0 124517 0 0 0 SUPPLEMENTAL INFORMATION PART III PART 1, LINE 1A - RELEVANT INFORMATION REGARDING COMPENSATION BENEFITS PER THE EMPLOYMENT CONTRACT FOR THE PRESIDENT, AND EMPLOYMENT LETTER FOR THE DIRECTOR OF THE BOTANICAL GARDENS, RESIDENCE ON-CAMPUS IS A CONDITION OF THEIR EMPLOYMENT AND HOUSING IS PROVIDED FOR THE CONVENIENCE OF THE EMPLOYER. THE RESIDENCE FACILITIES ARE MAINTAINED BY HUNTINGTON STAFF, OR OUTSIDE VENDORS, WHICH ARE PAID FOR BY THE HUNTINGTON. IN CONNECTION WITH THE PRESIDENT'S SERVICES TO THE HUNTINGTON, THE PRESIDENT'S SPOUSE, MAY ON OCCASION, TRAVEL FOR BUSINESS PURPOSES WITH HIM IN CONNECTION WITH FUNDRAISING AND DONOR CULTIVATION EVENTS ON BEHALF OF THE HUNTINGTON. THIS TRAVEL IS PREAPPROVED BY THE CHAIR OF THE BOARD OF TRUSTEES. GROSS-UP PAYMENTS ARE RELATED TO THE PRESIDENT'S CLUB DUES, LIFE INSURANCE, AND AUTO USAGE, AND ARE PROVIDED PER THE INDIVIDUAL'S EMPLOYMENT CONTRACT. OTHER GROSS-UP PAYMENTS ARE RELATED TO THE DIRECTOR OF THE LIBRARY, AND DIRECTOR OF THE ART COLLECTIONS OFF CAMPUS HOUSING AS PER THEIR EMPLOYMENT LETTER. COMPENSATION, AS APPLICABLE, IS INCLUDED IN THE INDIVIDUAL'S FORM W-2. KERSTIN KOBLIK PRESIDENT'S SPOUSE 31240 EMPLOYEE 0 MONA SHULMAN VP'S SPOUSE 48688 EMPLOYEE 0 X 19 357955 APPRAISAL X 1 1326000 DONOR APPRAISAL X GRANITE LANTERN 1 8500 APPRAISAL X PENJING POTS 1 10900 APPRAISAL X PLANTS 36 16848 IN-HOUSE APPRAISAL X PHOTOS/PRINTS 21 158108 APPRAISAL X CATALOGUES 1 5660 APPRAISAL X PENJING STONE 1 6000 APPRAISAL X AIRFARES 1 14958 ESTIMATE X RARE BOOKS 4 363460 IN-HOUSE APPRAISAL X MANUSCRIPTS 8 957160 IN-HOUSE APPRAISAL X GENERAL BOOKS 259 62090 IN-HOUSE APPRAISAL 24 0 0 0 ORGANIZATION MISSION STATEMENT FORM 990, PART III, LINE 1 BUILDING ON HENRY E. HUNTINGTON'S LEGACY OF RENOWNED COLLECTIONS AND BOTANICAL GARDENS THAT ENRICH THE VISITOR, THE HUNTINGTON TODAY ENCOURAGES RESEARCH AND PROMOTES EDUCATION IN THE ARTS, HUMANITIES, AND BOTANICAL SCIENCES THROUGH THE GROWTH AND PRESERVATION OF ITS COLLECTIONS, THROUGH THE DEVELOPMENT AND SUPPORT OF A COMMUNITY OF SCHOLARS, AND THROUGH THE DISPLAY AND INTERPRETATION OF ITS EXTRAORDINARY RESOURCES TO THE PUBLIC. THE COLLECTIONS THE HUNTINGTON HAS ASSEMBLED PRIMARY MATERIALS, ART OBJECTS, AND LIVING COLLECTIONS WHICH REFLECT THE DEVELOPMENT OF WESTERN CULTURE, FROM THE NINTH CENTURY TO THE PRESENT. THESE COLLECTIONS EMBODY THE DIVERSE AND INTERWOVEN CONTRIBUTIONS OF MANY CULTURES, PEOPLES, AND NATIONS. THE HUNTINGTON'S HOLDINGS OF RARE BOOKS, MANUSCRIPTS, ART OBJECTS, AND BOTANICAL SPECIMENS SPEAK TO OUR CONTEMPORARY AUDIENCES BECAUSE THEY REVEAL THE COMPLEXITY OF THE HUMAN EXPERIENCE. STEWARDSHIP WITH ITS OUTSTANDING COLLECTIONS IN THE ARTS, HUMANITIES, AND BOTANICAL SCIENCES, THE HUNTINGTON HAS THE RESPONSIBILITY TO PRESERVE AND PROTECT FOR POSTERITY MR. HUNTINGTON'S LEGACY AND TO INSURE ITS GROWTH AND FINANCIAL HEALTH. STEWARDSHIP EXTENDS AS WELL TO THE BUILDINGS, GROUNDS, AND INFRASTRUCTURE OF THE INSTITUTION, NOT ONLY BECAUSE THEY PROTECT THE COLLECTIONS AND FACILITATE THEIR USE, BUT BECAUSE MR. HUNTINGTON'S ESTATE IS AN IMPORTANT HISTORICAL DOCUMENT OF GREAT SIGNIFICANCE TO THE PUBLIC AND TO THE UNDERSTANDING OF THE HISTORY OF SOUTHERN CALIFORNIA. THE HUNTINGTON'S COMMUNITIES THE HUNTINGTON IS A HUB FOR COMMUNITIES WHOSE BOUNDARIES EXTEND FROM LOCAL TO THE INTERNATIONAL. AS A LOCAL INSTITUTION, IT SERVES SCHOOLCHILDREN, FAMILIES, AND SCHOLARS WITH A BROAD ARRAY OF PROGRAMS CENTERED IN THE COLLECTIONS. TO THE NATIONAL AND INTERNATIONAL COMMUNITIES, THE HUNTINGTON SERVES AS A HAVEN FOR INDEPENDENT SCHOLARSHIP AND AS A REPOSITORY FOR A BROAD FUND OF KNOWLEDGE REPRESENTED IN THE COLLECTIONS. ONE OF THE HUNTINGTON'S GREAT STRENGTHS, HOWEVER, IS THE RECIPROCAL NATURE OF ITS RELATIONSHIP WITH ITS COMMUNITIES. VOLUNTEERS PROVIDE LEADERSHIP, STEWARDSHIP, AND RESOURCES. SCHOLARS BRING THEIR OWN INTELLECTUAL DEPTH AND DIVERSE INTERPRETATIONS TO THE COLLECTIONS. STAFF SUPPLY EXPERTISE AND ENERGY. AND VISITORS BRING CURIOSITY, EXPECTATIONS, AND EXPERIENCES WHICH CHALLENGE THE HUNTINGTON TO THE GREATER FULFILLMENT OF ITS MISSION. PROGRAM SERVICE STATEMENT FORM 990, PART III, LINE 4A - PROGRAM SERVICE ACCOMPLISHMENTS: THE HUNTINGTON LIBRARY IS ONE OF THE WORLD'S GREAT INDEPENDENT RESEARCH LIBRARIES CONCENTRATED IN THE FIELDS OF BRITISH AND AMERICAN HISTORY, LITERATURE, AND ART AND IN THE HISTORY OF SCIENCE STRETCHING IN TIME FROM THE 11TH CENTURY TO THE PRESENT. AMONG THE COLLECTIONS: 7 MILLION MANUSCRIPTS; 413,000 RARE BOOKS; 275,000 REFERENCE BOOKS; 1.3 MILLION PHOTOGRAPHS, PRINTS, AND EPHEMERA. THE LIBRARY EXHIBITION HALL SHOWCASES SOME OF THE MOST OUTSTANDING RARE BOOKS AND MANUSCRIPTS IN THE COLLECTION. THE WEST HALL OF THE LIBRARY PRESENTS TEMPORARY EXHIBITIONS. DIBNER HALL OF THE HISTORY OF SCIENCE IS A PERMANENT EXHIBITION ON THE HISTORY OF SCIENCE, FOCUSING ON ASTRONOMY, NATURAL HISTORY, MEDICINE, AND LIGHT. THE 90,000-SQUARE-FOOT MUNGER RESEARCH CENTER (OPENED IN 2004) DOUBLED THE SIZE OF THE LIBRARY. THE CENTER PROVIDES STORAGE CAPACITY FOR FURTHER COLLECTIONS DEVELOPMENT, WORK SPACE FOR SCHOLARS AND STAFF, CLASSROOMS FOR EDUCATIONAL ACTIVITIES, AND FACILITIES FOR CONSERVATION, PRESERVATION, DIGITAL IMAGING, AND PHOTOGRAPHY. THE LIBRARY IS OPEN TO SCHOLARS, KNOWN AS READERS, 303 DAYS OF THE YEAR, WITH AN AVERAGE OF 74 SCHOLARS VISITS DAILY. EXHIBITS DURING THE YEAR INCLUDED: * REASSESSING THE REGENCY: ENGLAND 1811-1820 * BLUE SKY METROPOLIS: AEROSPACE AND SOUTHERN CALIFORNIA * AL MARTINEZ, COLUMNIST PROGRAM SERVICE STATEMENT FORM 990, PART III, LINE 4B - PROGRAM SERVICE ACCOMPLISHMENTS: ENCOMPASSING APPROXIMATELY 120 ACRES OF THE 207-ACRE GROUNDS, THE BOTANICAL GARDENS CONTAIN MORE THAN A DOZEN PRINCIPAL GARDEN AREAS. HIGHLIGHTS * LIU FANG YUAN, THE GARDEN OF FLOWING FRAGRANCE, REFLECTING THE TRADITIONAL STYLE OF SCHOLAR GARDENS IN SUZHOU, CHINA, AND FEATURING A 1.5-ACRE LAKE, A COMPLEX OF PAVILIONS, A TEAHOUSE AND TEA SHOP, AND FIVE STONE BRIDGES SET AGAINST A WOODED BACKDROP OF MATURE OAKS AND PINES. THIS INITIAL PHASE OF THE GARDEN COVERS ABOUT 3.5 ACRES OF A PLANNED 12-ACRE SITE. PLANS AND PREPARATIONS ARE UNDER WAY FOR PHASE II. * THE DESERT GARDEN, ONE OF THE LARGEST OUTDOOR COLLECTIONS OF MATURE CACTI AND SUCCULENTS IN THE WORLD. * THE RECENTLY RESTORED AND REOPENED JAPANESE GARDEN, WITH TRADITIONAL JAPANESE PLANTS, A DRUM BRIDGE, A JAPANESE HOUSE, A WALLED ZEN GARDEN, AN EXPANDED BONSAI COURT, AND A NEW TEAHOUSE AND TEA GARDEN. * THE HELEN AND PETER BING CHILDREN'S GARDEN, INTRODUCING YOUNGSTERS TO THE WONDERS OF THE NATURAL WORLD THROUGH INTERACTIVE SCULPTURAL ELEMENTS. * THE ROSE HILLS FOUNDATION CONSERVATORY FOR BOTANICAL SCIENCE AND THE ASSOCIATED FOUNDATIONS TEACHING GREENHOUSE, PROVIDING HANDS-ON BOTANICAL SCIENCE OPPORTUNITIES FOR CHILDREN AND FAMILIES. THE ADJACENT BOTANICAL CENTER HOUSES LABORATORIES AND CLASSROOMS THAT PROVIDE LEARNING OPPORTUNITIES IN PLANT SCIENCES AND GARDENING. * ADDITIONAL GARDEN AREAS ARE DEVOTED TO ROSES AND CAMELLIAS, EACH COLLECTION HAVING MORE THAN 1,400 DIFFERENT CULTIVARS. THE CAMELLIA COLLECTION IS CONSIDERED ONE OF THE MOST COMPREHENSIVE IN THE WORLD. * THE HERB, JUNGLE, AUSTRALIAN, SUBTROPICAL, AND PALM GARDENS ARE AMONG OTHER IMPORTANT BOTANICAL ATTRACTIONS. EACH YEAR, THE HUNTINGTON HOSTS BOTANICAL SHOWS, CONFERENCES, LECTURES, AND PLANT SALES THAT FOCUS ON SPECIFIC THEMES; MORE THAN 200 CACTUS AND SUCCULENT ENTHUSIASTS ATTENDED THE ANNUAL DESERT GARDEN FORUM; 100 PARTICIPANTS ATTENDED THE ANNUAL GREAT ROSARIANS OF THE WORLD SYMPOSIUM; 150 PEOPLE ATTENDED THE SUCCULENT PLANTS SYMPOSIUM; 300 PEOPLE VISITED THE GARDENS AS PART OF THE NATIONAL IRIS CONVENTION; THE MARINO LEAGUE ART MATTERS ENCORE, THE NORTH AMERICAN CLIVIA SOCIETY SHOW, SOUTHERN CALIFORNIA CAMELLIA SHOW, CALIFORNIA BONSAI SOCIETY SHOW, AISEKI KAI VIEWING STONES SHOW, AND CACTUS & SUCCULENT SOCIETY OF AMERICA ANNUAL SHOW, ALL OF THEM OPEN TO THE PUBLIC AND ATTENDED BY HUNDREDS OF PEOPLE, WERE ALL HELD AT THE HUNTINGTON THIS PAST YEAR. PROGRAM SERVICE STATEMENT FORM 990, PART III, LINE 4C - PROGRAM SERVICE ACCOMPLISHMENTS: THE HUNTINGTON ART COLLECTIONS FOCUS ON EUROPEAN ART FROM THE 15TH TO THE EARLY 20TH CENTURY AND AMERICAN ART FROM THE LATE 17TH TO THE MID-20TH CENTURY. THE HOLDINGS CONTINUE TO GROW BY GIFT AND PURCHASE, ESPECIALLY IN THE AREAS OF AMERICAN AND 19TH-CENTURY BRITISH ART. THE EUROPEAN ART COLLECTIONS INCLUDE ABOUT 420 PAINTINGS, APPROXIMATELY 370 WORKS OF SCULPTURE, MORE THAN 2,500 DECORATIVE ART OBJECTS, AND 20,000 PRINTS AND DRAWINGS. THE AMERICAN ART HOLDINGS NOW NUMBER ABOUT 250 PAINTINGS, 70 WORKS OF SCULPTURE, 1,000 DECORATIVE ART OBJECTS, 8,700 PRINTS AND DRAWINGS, AND 1,800 PHOTOGRAPHS. ACCESS TO THE PUBLIC OF ABOUT 500,000 VISITORS IS PROVIDED THROUGH PERMANENT INSTALLATIONS AND SPECIAL EXHIBITIONS, PUBLICATIONS AND RESEARCH. THE EUROPEAN COLLECTIONS ARE DISPLAYED IN THE HUNTINGTON ART GALLERY, THE ORIGINAL HUNTINGTON RESIDENCE; AMERICAN ART IS ON VIEW IN THE VIRGINIA STEELE SCOTT GALLERIES OF AMERICAN ART/ERBURU GALLERY; AND SPECIAL EXHIBITIONS ARE PRESENTED IN THE MARYLOU AND GEORGE BOONE GALLERY. THE HUNTINGTON ALSO REGULARLY LOANS ART OBJECTS FOR SPECIAL EXHIBITIONS AT MUSEUMS NATIONALLY AND INTERNATIONALLY. EXHIBITS DURING THE YEAR INCLUDED: * SAM MALOOF: THE HOUSE THAT SAM BUILT * FRENCH TRAVELERS TO THE EAST: JEAN DE THEVENOT AND CULTURE EXCHANGE IN THE 16TH AND 17TH CENTURIES * BRITISH AND AMERICAN PRE-RAPHAELITE WORKS ON PAPER * WHISTLER, HADEN, AND THE GENTLE ART OF ETCHING * DREAMS, DISASTERS, AND REALITY: GOYA'S PRINTS FROM THE HUNTINGTON'S COLLECTIONS * OUT OF THE SHADOWS: JOSHUA REYNOLDS' CELEBRITY PORTRAITURE AND THE MARKET FOR MEZZOTINTS IN 18TH CENTURY BRITAIN FORM 990, PART VI, SECTION A, LINE 2 THE HUNTINGTON GOVERNING BODY IS A FIVE MEMBER BOARD OF TRUSTEES. WE ALSO HAVE A BOARD OF OVERSEERS THAT WORK WITH EACH PROGRAM AREA IN MAKING RECOMMENDATIONS TO THE TRUSTEES. SOME OF THE TRUSTEES HAVE A FAMILY RELATIONSHIP WITH SOME OF THE OVERSEERS. THE HUNTINGTON'S PRESIDENT IS A BOARD MEMBER OF A NOT-FOR-PROFIT THAT HAS BEEN ESTABLISHED BY AN OVERSEER. SOME OF THE TRUSTEES AND OVERSEERS WORK FOR ORGANIZATIONS THAT PROVIDE GOODS AND SERVICES TO THE HUNTINGTON. ALL RELATIONSHIPS ARE REVIEWED BY THE AUDIT COMMITTEE ANNUALLY, AND ANY POTENTIAL CONFLICTS OF INTEREST HAVE BEEN ADDRESSED. FORM 990, PART VI, SECTION B, LINE 11 PRIOR TO THE FILING, THE ENTIRE DRAFT 990 WAS SENT AS A PDF TO ALL TRUSTEES. COMMENTS AND CORRECTIONS WERE STRONGLY ENCOURAGED, AND THE FORM WAS DISCUSSED IN A JOINT MEETING OF THE FINANCE AND AUDIT COMMITTEES. IN ADDITION, AN OUTSIDE CPA FIRM, SINGERLEWAK, REVIEWED THE FORM AND WENT OVER THE FORM IN DETAIL WITH THE CONTROLLER. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS OF INTEREST STATEMENTS ARE REQUESTED ANNUALLY FROM ALL TRUSTEES, OVERSEERS AND NON-BOARD MEMBERS' CHAIRS OF ACTIVE COMMITTEES AS WELL AS EMPLOYEES. ANY CONFLICTS OR POTENTIAL CONFLICTS ARE REPORTED TO THE AUDIT COMMITTEE. THE AUDIT COMMITTEE MAKES A DECISION ON HOW EACH CONFLICT SHOULD BE HANDLED, INCLUDING ABSTAINING FROM VOTING ON CERTAIN MATTERS. FORM 990, PART VI, SECTION B, LINE 15 IN REVIEWING AND APPROVING THE COMPENSATION FOR THE PRESIDENT AND CFO, THE HUNTINGTON'S BOARD OF TRUSTEES (REFERRED TO AS THE "APPROVAL BODY" BELOW), USES THE FOLLOWING PROCESS: 1. IMPARTIAL DECISION MAKERS: THE COMPENSATION ARRANGEMENT MUST BE APPROVED IN ADVANCE (BEFORE ANY PAYMENT IS MADE) BY THE APPROVAL BODY OF THE HUNTINGTON COMPOSED ENTIRELY OF INDIVIDUALS WHO DO NOT HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT (EXAMPLE: NEITHER THE EXECUTIVE WHOSE COMPENSATION IS BEING DETERMINED NOR ANY OF HIS/HER FAMILY MEMBERS MAY BE PRESENT DURING THE DISCUSSION/DEBATE OR PARTICIPATE IN THE VOTE). 2. COMPARABILITY DATA: WHEN THE APPROVAL BODY IS CONSIDERING COMPENSATION TO COVERED INDIVIDUALS, IT MUST RELY ON COMPARABILITY DATA THAT DEMONSTRATES THE FAIR MARKET VALUE OF THE COMPENSATION IN QUESTION. FOR EXAMPLE, WHEN CRAFTING COMPENSATION PACKAGES, THE APPROVAL BODY MUST SECURE DATA THAT DOCUMENTS COMPENSATION LEVELS FOR SIMILARLY QUALIFIED INDIVIDUALS IN LIKE POSITIONS AT LIKE ORGANIZATIONS. THIS DATA MAY INCLUDE THE FOLLOWING: A) EXPERT COMPENSATION STUDIES BY INDEPENDENT FIRMS; B) WRITTEN JOB OFFERS FOR POSITIONS AT SIMILAR ORGANIZATIONS; C) DOCUMENTED TELEPHONE CALLS ABOUT SIMILAR POSITIONS AT BOTH NON-PROFIT AND FOR-PROFIT ORGANIZATIONS; AND D) INFORMATION OBTAINED FROM THE IRS FORM 990 FILINGS OF SIMILAR ORGANIZATIONS. 3. CONCURRENT DOCUMENTATION: THE APPROVAL BODY MUST DOCUMENT HOW IT REACHED ITS DECISIONS, INCLUDING THE DATA ON WHICH IT RELIED. TO QUALIFY AS CONCURRENT DOCUMENTATION, WRITTEN OR ELECTRONIC RECORDS OF THE APPROVAL BODY (SUCH AS MEETING MINUTES) MUST NOTE: A) THE TERMS OF THE COMPENSATION AND THE DATE IT WAS APPROVED; B) THE MEMBERS OF THE APPROVAL BODY WHO WERE PRESENT DURING THE DEBATE ON THE COMPENSATION THAT WAS APPROVED AND THOSE WHO VOTED ON IT; C) THE COMPARABILITY DATA OBTAINED AND RELIED UPON AND HOW THE DATA WAS OBTAINED; AND D) ANY ACTIONS TAKEN WITH RESPECT TO CONSIDERATION OF THE COMPENSATION BY ANYONE WHO IS OTHERWISE A MEMBER OF THE APPROVAL BODY BUT WHO HAD A CONFLICT OF INTEREST WITH RESPECT TO THE DECISION ON THE COMPENSATION. ALL OTHER OFFICERS AND KEY EMPLOYEES HAVE THEIR COMPENSATION REVIEWED ANNUALLY BY THE APPROVAL BODY, WHICH MAY OR MAY NOT INCLUDE COMPARABILITY DATA. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -34,470,339. PARTNERSHIPS INVESTMENT INCOME 1,223,353. TOTAL TO FORM 990, PART XI, LINE 5: -33,246,986. CHARITABLE REMAINDER TRUSTS (17) FUNDRAISING CA T CHARITABLE REMAINDER TRUSTS (17) - CONTINUATION NM CHARITABLE REMAINDER TRUSTS (17) - CONTINUATION OR CHARITABLE REMAINDER TRUSTS (17) - CONTINUATION WA POOLED INCOME FUND (1) FUNDRAISING WA T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0