2013-04-01T10:05:49-05:00 2012-08-31 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 777 E WISCONSIN AVENUE 32ND FLOOR MILWAUKEE WI 53202 990 2011-09-01 391723105 MILWAUKEE PUBLIC MUSEUM INC MILW 4142786939 800 W WELLS STREET MILWAUKEE WI 53233 JAY WILLIAMS 4142786939 2013-03-28 1 TROY E MARINE CPA P00187863 4147775500 2013-03-28 2011 2016-02-25 16:41:14Z JAY WILLIAMS 800 W WELLS STREET MILWAUKEE WI 53233 15764568 0 X WWW.MPM.EDU X 1992 WI THE MILWAUKEE PUBLIC MUSEUM INSPIRES CURIOSITY, EXCITES MINDS AND INCREASES DESIRE TO PRESERVE AND PROTECT OUR WORLD'S NATURAL AND CULTURAL DIVERSITY THROUGH EXHIBITIONS, EDUCATIONAL PROGRAMS, COLLECTIONS AND RESEARCH. 27 27 294 760 24774 0 7705744 9733292 4413798 4824757 38564 2256 260319 320946 12418425 14881251 0 0 0 0 7356052 8090941 0 0 1179563 5693586 7698536 13049638 15789477 -631213 -908226 20996148 20520766 15500561 18367396 5495587 2153370 THE MILWAUKEE PUBLIC MUSEUM INSPIRES CURIOSITY, EXCITES MINDS AND INCREASES DESIRE TO PRESERVE AND PROTECT OUR WORLD'S NATURAL AND CULTURAL DIVERSITY THROUGH EXHIBITIONS, EDUCATIONAL PROGRAMS, COLLECTIONS AND RESEARCH. 0 0 11921926 4849757 THE MILWAUKEE PUBLIC MUSEUM, INC. OPERATES A NATURAL HISTORY MUSEUM WHICH FOCUSES ON EXHIBITS, PUBLIC PROGRAMMING AND RESEARCH IN THE NATURAL SCIENCES, ANTHROPOLOGY AND HISTORY. THE MILWAUKEE PUBLIC MUSEUM, INC. UNIQUELY AND DIRECTLY ADDRESSES THE THEMES OF BIOLOGICAL AND CULTURAL DIVERSITY AND THEIR INTERRELATIONSHIPS. THE MILWAUKEE PUBLIC MUSEUM, INC. PRESERVES AND CARES FOR ITS COLLECTIONS HELD IN PUBLIC TRUST. THROUGH RESEARCH AND COLLECTIONS, THE MILWAUKEE PUBLIC MUSEUM INC. SEEKS KNOWLEDGE AND UNDERSTANDING OF GLOBAL CHANGE AND DIVERSITY FROM GEOLOGICAL, BIOLOGICAL, CULTURAL AND HISTORICAL PERSPECTIVES. THROUGH ITS RENOWNED EXHIBITS, ITS PROGRAMS AND ITS PUBLICATIONS, THE MILWAUKEE PUBLIC MUSEUM, INC. INTERPRETS THESE THEMES TO DIVERSE AUDIENCES. 11921926 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 53 1 294 1 1 1 0 0 0 0 1 1 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 WI X X MICHAEL BERNATZ 4142786939 800 W WELLS STREET MILWAUKEE WI 53233 AVERY GOODRICH 1.00 X 0 0 0 BRIDIE A FANNING 1.00 X 0 0 0 CHARLES I HENDERSON 1.00 X X 0 0 0 COLIN BOYD 1.00 X 0 0 0 DEMOND A MEANS PHD 1.00 X 0 0 0 ESSIE WHITELAW 1.00 X X 0 0 0 GERARD A RANDALL JR 1.00 X 0 0 0 HENRY HAMILTON III 1.00 X 0 0 0 JAMES LUIGI SCHMITT 1.00 X 0 0 0 JAY C MACK 1.00 X 0 0 0 JAY WILLIAMS 40.00 X X 192694 0 18921 JON W HOPKINS 1.00 X 0 0 0 LYDIA CHARTRE 1.00 X 0 0 0 MARK J SABLJAK 1.00 X 0 0 0 MARY ELLEN PINDYCK 1.00 X 0 0 0 MICHAEL G CARTER 1.00 X 0 0 0 MICHAEL T JONES 1.00 X X 0 0 0 MICHELLE CROCKETT 1.00 X 0 0 0 PJ DISTEFANO 1.00 X 0 0 0 RICHARD A MEEUSEN 1.00 X X 0 0 0 SARA J WALKER 1.00 X 0 0 0 SCOTT C BEIGHTOL 1.00 X 0 0 0 SHARON COOK 1.00 X 0 0 0 SUSAN FRONK 1.00 X 0 0 0 SUSAN MARTIN 1.00 X 0 0 0 THAD NATION 1.00 X 0 0 0 THOMAS L FRENN 1.00 X X 0 0 0 TIMOTHY P BYRNE 1.00 X 0 0 0 ELLEN CENSKY 40.00 X 162191 0 16166 KAREN L SPAHN 40.00 X 175421 0 23392 MARY BRIDGES 40.00 X 109027 0 20469 MICHAEL BERNATZ 40.00 X 159622 0 16764 798955 0 95712 5 0 1 0 OTIS ELEVATOR PO BOX 73579 CHICAGO IL 60673 MAINTENANCE, SERVICE AND REPAIR OF ELEVA 113466 1 263000 3529727 5940565 300504 9733292 MUSEUM ADMISSIONS 713990 2874678 2874678 MEMBERSHIP REVENUE 713990 831269 831269 IMAX ADMISSIONS 713990 772300 754525 17775 RESTAURANT 713990 189134 189134 PROGRAM 713990 157376 157376 4824757 7532 7532 77628 70629 6999 6999 6999 30000 35276 -5276 -5276 -5276 273916 263000 248113 25803 25803 18986 5000 13986 13986 567074 524299 42775 42775 OTHER INCOME 713990 231383 231383 231383 14881251 4849757 24774 273428 798955 271218 352316 175421 5025809 4140186 495556 390067 977048 977048 840503 573675 173189 93639 448626 318028 93731 36867 39915 39915 52950 52950 1421 1421 959272 709183 29373 220716 755976 730400 2543 23033 906457 864755 35918 5784 999297 999297 200774 187254 12021 1499 217810 217810 1415410 1415410 260890 109373 151517 MAINTENANCE 1436459 1431122 5337 PRINTING 157582 19985 0 137597 MISCELLANEOUS 96646 68647 15805 12194 POSTAGE & SHIPPING 91623 14506 8095 69022 106054 68887 23443 13724 15789477 11921926 2687988 1179563 2294845 1656825 1946519 3246343 59918 66150 29043 23411 387031 247781 30036241 15035232 15988858 15001009 289934 279247 20996148 20520766 1174723 1426668 1093213 1216539 4869000 4607000 8363625 11117189 15500561 18367396 X 2465908 -2775473 3029679 4928843 5495587 2153370 20996148 20520766 X -908226 -2433991 X X 0 1 1 X 0 X 16473470 7271667 6774608 7705744 9733292 47958781 16473470 7271667 6774608 7705744 9733292 47958781 3080876 44877905 20360 -30254 7925 10472 7532 16035 605109 86272 1084003 11003836 231383 13010603 60985419 27363206 0.73590 0.73040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 7179125 30747 472708 650000 3260 33052 6996268 6415530 130027 637281 1413 2300 7179125 5130389 1104600 228426 39004 6331 2550 6415530 5258028 36500 195659 359798 5130389 0.40000 0.55000 0.05000 0 1 1 19310495 7997603 11312892 10607954 7037629 3570325 117792 117792 15001009 INTEREST PAYABLE 17852 ACCRUED PENSION AND POSTRETIREMENT BENEFITS 10280936 DUE TO OTHER ENTITIES 533857 INTEREST RATE SWAP LIABILITY 284544 11117189 14881251 15789477 -908226 18341 -2452332 -2433991 -3342217 12629024 18341 312193 -140537 189997 12439027 1421 2440803 2442224 14881251 15971241 312192 848041 1160233 14811008 1421 977048 978469 15789477 PART III, LINE 1A: THE COUNTY HAS LEGAL TITLE TO MPM, INC.'S BUILDING, EXHIBITS AND ARTIFACTS, INCLUDING ANY BUILDING ADDITIONS AND IMPROVEMENTS FUNDED BY THE COUNTY OR MPM INC. ALL SUCH ASSETS ARE LEASED TO MPM, INC. UNDER A LONG-TERM LEASE. MPM, INC. HAS NOT RECORDED THE BUILDING AND EXHIBITS FROM THE LONG-TERM LEASE IN ITS CONSOLIDATED FINANCIAL STATEMENTS AS THE VALUE CANNOT BE DETERMINED. MPM, INC. CAPITALIZES BUILDING ADDITIONS, IMPROVEMENTS AND EXHIBIT COSTS WHEN MPM, INC. IS OBLIGATED TO PAY FOR THOSE CAPITAL ITEMS INCLUDING THE IMAX THEATER, THE BUTTERFLY WING, THE CONCOURSE, THE GARDEN GALLERY, GIFT SHOPS AND RESTAURANTS. THESE ASSETS WILL REVERT TO THE COUNTY IF MPM INC. WERE TO VACATE THE FACILITY. MPM INC. AMORTIZES THESE COSTS OVER THEIR ANTICIPATED USEFUL LIVES. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: TO SUPPORT THE EXEMPT PURPOSE OF THE MILWAUKEE PUBLIC MUSEUM. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS, ONLY IF THERE IS SUBSTANTIAL AUTHORITY THAT THE POSITION WILL BE UPHELD BASED ON THE TECHNICAL MERITS OF THE POSITION. THE ORGANIZATION DOES NOT BELIEVE THAT IT HAS ANY UNCERTAIN TAX POSITIONS AT AUGUST 31, 2012 AND 2011. PART XI, LINE 8 - OTHER ADJUSTMENTS: NET CHANGE IN INTEREST SWAP LIABILITY -11,530. ACTUARIAL LOSS ON POST-RETIREMENT BENEFITS -2,440,803. ROUNDING 1. TOTAL TO SCHEDULE D, PART XI, LINE 8: -2,452,332. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 70,629. COST OF GOODS SOLD 524,299. SPECIAL EVENT EXPENSES 253,113. NET CHANGE IN INTEREST SWAP LIABILITY -11,530. PENSION AND POST-RETIREMENT BENEFIT -977,048. PART XII, LINE 4B - OTHER ADJUSTMENTS: ACTUARIAL LOSS ON POST-RETIREMENT BENEFITS 2,440,803. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 70,629. COST OF GOODS SOLD 524,299. FOM SPECIAL EVENT EXPENSES 253,113. PART XIII, LINE 4B - OTHER ADJUSTMENTS: ACTUARIAL LOSS ON POST-RETIREMENT BENEFITS -2,440,803. PENSION AND POST-RETIREMENT BENEFIT 3,417,851. GALA 383741 184500 199241 99805 3450 76490 FOOD & FROTH 132181 78500 53681 13454 3625 29394 10 20994 20994 6980 1150 13765 536916 263000 273916 120239 8225 119649 248113 25803 18986 5000 0 18986 5000 5000 13986 WI 1 0 1 0 1.00000 0.00000 GAIL BOYM 800 W WELLS STREET MILWAUKEE WI 53233 0 GAIL BOYM 1000 ACCOUNTING AND ADMINISTRATIVE X 0 X X X X 0 0 0 0 0 0 0 0 0 JAY WILLIAMS 192694 0 0 0 0 0 5445 0 13476 0 211615 0 0 0 ELLEN CENSKY 162191 0 0 0 0 0 9064 0 7102 0 178357 0 0 0 KAREN L SPAHN 175421 0 0 0 0 0 9916 0 13476 0 198813 0 0 0 MICHAEL BERNATZ 159622 0 0 0 0 0 9103 0 7661 0 176386 0 0 0 X 151 IN-KIND X IN KIND X 28 300504 FMV X 44 IN-KIND X 229 IN-KIND X 266 IN-KIND X 54 IN-KIND X ARCHIVAL RECORDS 10 IN-KIND 0 1 0 NON REPORTING OF REVENUE: PART I, LINE 33: MILWAUKEE COUNTY HAS LEGAL TITLE TO THE MILWAUKEE PUBLIC MUSEUM, INC. (MPM, INC.) EXHIBITS AND ARTIFACTS, INCLUDING ALL NON-CASH ITEMS ADDED TO THE PERMANENT COLLECTION. ALL SUCH ASSETS ARE LEASED TO MPM, INC. UNDER A LONG-TERM LEASE. THE ASSET VALUE CANNOT BE DETERMINED, THEREFORE THE REVENUE AND ASSETS ARE NOT INCLUDED ON MPM, INC.'S FINANCIAL STATEMENTS AND AS SUCH NO REVENUE FOR THE ITEMS IS INCLUDED ON SCHEDULE M. FORM 990, PART VI, SECTION B, LINE 11 THE CFO AND CONTROLLER WILL REVIEW THE PREPARED RETURNS. THE RETURNS WILL BE REVIEWED BY THE AUDIT AND FINANCE COMMITTEE PRIOR TO SUBMISSION TO THE APPROPRIATE TAXING AUTHORITIES. IN ADDITION, EACH MEMBER OF THE BOARD OF DIRECTORS WILL RECEIVE AN ELECTRONIC COPY OF THE IRS FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE BOARD AND MEMBERS OF THE MUSEUM MANAGEMENT ARE REQUIRED TO COMPLETE AND SIGN A REPORT ON POTENTIALLY CONFLICTING INTERESTS AND THE GOVERNANCE COMMITTEE IS REQUIRED TO SHARE THE RESPONSES WITH THE BOARD EACH YEAR. A MOTION IS MADE TO ACCEPT THE REPORT AND IS VOTED ON. FORM 990, PART VI, SECTION B, LINE 15 THE HUMAN RESOURCES COMMITTEE DETERMINES THE SALARY LEVELS FOR OFFICERS BASED ON REVIEWS OF SALARY STUDIES FROM MRA AND MIDWEST ASSOCIATION OF MUSEUMS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, BOARD MINUTES, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AS REQUIRED BY THE OPEN RECORDS LAW. THE CONFLICT OF INTEREST DISCLOSURE IS READ INTO THE MINUTES ANNUALLY. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 18,341. NET CHANGE IN INTEREST SWAP LIABILITY -11,530. ACTUARIAL LOSS ON POST-RETIREMENT BENEFITS -2,440,803. ROUNDING 1. TOTAL TO FORM 990, PART XI, LINE 5: -2,433,991. FORM 990, PART XI, LINE 2C NO CHANGES WERE MADE FROM THE PRIOR YEAR. MILWAUKEE PUBLIC MUSEUM ENDOWMENT FUND 800 W WELLS STREET MILWAUKEE WI 532331478 237055827 SUPPORTING THE CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES OF THE MPM. WI 501(C)(3) 11, TYPE 1 MILWAUKEE PUBLIC MUSEUM INC 1 0 0 1 0 1 0 0 0 0 0 1 0 1 1 0 0 0 0 MILWAUKEE PUBLIC MUSEUM ENDOWMENT FUND E 4607000 FMV