2013-12-13T13:26:18-06:00 2013-06-30 221478099 COHNREZNICK LLP 76 BATTERSON PARK ROAD FARMINGTON CT 06032 990 2012-07-01 060653111 WADSWORTH ATHENEUM MUSEUM OF ART WADS 8602782670 600 MAIN STREET HARTFORD CT 06103 SUSAN TALBOTT 8602782670 2013-12-11 1 PATRICIA E MCGOWAN CPA P00184514 8606786000 2012 2016-02-25 16:41:14Z SUSAN TALBOTT 600 MAIN STREET HARTFORD CT 06103 32907313 0 X WWW.WADSWORTHATHENEUM.ORG X 1842 CT HOLDING ITS COLLECTION IN TRUST FOR ALL PEOPLE, THE WADSWORTH ATHENEUM IS DEDICATED TO ADVANCING AND INSPIRING EVERYONE TO EXPERIENCE AND APPRECIATE EXCELLENCE IN ART AND CULTURE. 42 42 111 158 -5696 -5696 5686185 10785695 1745197 1513636 3949495 4674942 -127670 144743 11253207 17119016 0 0 0 0 4487229 3828759 0 0 545796 7972794 8447683 12460023 12276442 -1206816 4842574 109231532 120067724 1995579 4569660 107235953 115498064 X HOLDING ITS COLLECTION IN TRUST FOR ALL PEOPLE, THE WADSWORTH ATHENEUM IS DEDICATED TO ADVANCING AND INSPIRING EVERYONE TO EXPERIENCE AND APPRECIATE EXCELLENCE IN ART AND CULTURE. 0 0 715003 0 960231 TOTAL MUSEUM ATTENDANCE 106,796EXHIBITIONS EXPENSES A. MEDIEVAL TO MONET $ 50,238B. CARVAGGIO $389,230C. OTHER $ 39,417D. C&T EXH: DRESSING ROMANTICALLY $ 26,352E. MATRIX EXH.: AHMED ALSOUDANI & DEB SOKOLOW $ 56,783F. TRAVELING EXHIBITS $152,983 TOTAL COLLECTIONS AND EXHIBITIONS $715,003 3475447 0 0 CURATING AND CURATORIAL RESEARCH FY2013THE CURATORIAL DIVISION CARES FOR, RESEARCHES, AND DISPLAYS THE MUSEUM'S COLLECTION OF ART. THESE INCLUDE PAINTINGS, SCULPTURES, DECORATIVE ARTS (FURNITURE, GLASS, CERAMICS, AND METALWORK), WORKS ON PAPER, COSTUMES AND TEXTILES, AND VIDEOS, RANGING IN DATE FROM ANTIQUITY TO CONTEMPORARY AND INCLUDING WORKS FROM MOST CONTINENTS. THE CURATORIAL DIVISION IS ALSO RESPONSIBLE FOR CURATING THE EXHIBITION PROGRAM FOR THE MUSEUM, WHICH IN FY2013 COMPRISED OF THE FOLLOWING: THE MUSEUM COLLECTS, JUNE 30SEPTEMBER 9, 2012; MEDIEVAL TO MODERN: FRENCH DRAWINGS AND PASTELS, SEPTEMBER 29, 2012MARCH 31, 2013; MEDIEVAL TO MONET: FRENCH PAINTINGS IN THE WADSWORTH ATHENEUM, OCTOBER 19, 2012JANUARY 27, 2013; BURST OF LIGHT: CARAVAGGIO AND HIS LEGACY, MARCH 6JUNE 16, 2013; JAN TICHY / MATRIX 164, CLOSED AUGUST 5, 2012; AHMED ALSOUDANI / MATRIX 165, SEPTEMBER 6, 2012JANUARY 6, 2013; DEB SOKOLOW / MATRIX 166, FEBRUARY 7JUNE 30, 2013; CONNECTIONS GALLERY: THE AMISTAD CENTER FOR ART & CULTURE, CLOSED DECEMBER 31, 2012; AND CONNECTIONS GALLERY: STILL LIFE, OPENED JANUARY 19, 2013.PERMANENT COLLECTION INSTALLATIONS INCLUDED: JAMES NARES: STREET, JUNE 2NOVEMBER 15, 2012; CONTEMPORARY ART: POP ART, CONCEPTUAL ART, MINIMALISM AND THEIR LEGACIES, OPENED AUGUST 18, 2012; STORY AND SPIRIT: AMERICAN ART FROM THE EIGHTEENTH TO THE MID-TWENTIETH CENTURIES, OPENED SEPTEMBER 26, 2012; BILL VIOLA: ASCENSION, MARCH 6AUGUST 11, 2013; CIVIL WAR CROSS-DEPARTMENTAL VIGNETTE, OPENED MAY 1, 2013; THE RITE OF SPRING, MAY 29JUNE 30, 2013; AND MEDIA REWIND 1963, OPENED JUNE 5, 2013.CURATORIAL RESEARCH RESULTED IN THE FOLLOWING PUBLICATIONS: PATRICIA HICKSON, "CARL ANDRE," "ENRIQUE CHAGOYA," "THOMAS DEMAND," AND "ALEC SOTH," PERMANENT COLLECTION CATALOGUE ENTRIES, DES MOINES ART CENTER PERMANENT COLLECTION CATALOGUE (DES MOINES ART CENTER, 2012); PATRICIA HICKSON, "ADAM VAN DOREN: NEW DIRECTIONS," ADAM VAN DOREN (THE RENAISSANCE GALLERIES, 2012); PATRICIA HICKSON, "ABOUT WAR," AHMED ALSOUDANI / MATRIX 165, EXHIBITION BROCHURE (WADSWORTH ATHENEUM MUSEUM OF ART, 2012); PATRICIA HICKSON, "SOME CONCERNS ABOUT THE CANDIDATE," DEB SOKOLOW / MATRIX 166, EXHIBITION BROCHURE (WADSWORTH ATHENEUM MUSEUM OF ART, 2013); AND ERIC M. ZAFRAN, MASTERS OF FRENCH PAINTING, 1290-1920: AT THE WADSWORTH ATHENEUM (WADSWORTH ATHENEUM MUSEUM OF ART IN ASSOCIATION WITH D GILES LIMITED, LONDON, 2012)THE MUSEUM CURATORS, WORKING WITH THE REGISTRARS, ALSO ENGAGE IN A SIGNIFICANT LOAN PROGRAM, LENDING OBJECTS IN THE COLLECTION TO IMPORTANT AND INNOVATIVE EXHIBITIONS. IN FY 2013, FORTY-FIVE (45) WORKS OF ART WERE APPROVED FOR LOANS TO TWENTY-SIX (26) INSTITUTIONS IN THE UNITED STATES, CANADA, EUROPE, AND ASIA. DURING FY 2013, NINETY-FOUR (94) WORKS OF ART WERE LENT TO INSTITUTIONS IN A SIMILARLY WIDE GEOGRAPHIC AREA, INCLUDING FIFTY WORKS IN THE TRAVELING EXHIBITION, OLD MASTERS TO MONET: THREE CENTURIES OF FRENCH PAINTING FROM THE WADSWORTH ATHENEUM, WHICH CLOSED AT THE TAFT MUSEUM OF ART, CINCINNATI, OHIO, ON SEPTEMBER 16, 2012, AND TRAVELED TO THE MISSISSIPPI MUSEUM OF ART, JACKSON, MISSISSIPPI, MARCH 23SEPTEMBER 8, 2013. THE EXHIBITION PATTI SMITH: CAMERA SOLO (ORGANIZED BY THE WADSWORTH ATHENEUM) CLOSED AT THE DETROIT INSTITUTE OF ARTS, DETROIT, MI, ON SEPTEMBER 2, 2012, AND TRAVELED TO THE ART GALLERY OF ONTARIO, TORONTO, CANADA, FEBRUARY 9JULY 14, 2013. CARAVAGGIO AND HIS LEGACY, A CO-ORGANIZED TRAVELING EXHIBITION WITH THE WADSWORTH ATHENEUM, OPENED AT THE MUSEE FABRE DE MONTPELLIER AGGLOMERATION, MONTPELLIER, FRANCE, AND MUSEE DES AUGUSTINS, TOULOUSE, FRANCE, JUNE 23OCTOBER 14, 2012, AND TRAVELED TO THE LOS ANGELES COUNTY MUSEUM OF ART, LOS ANGELES, CALIFORNIA, NOVEMBER 11, 2012FEBRUARY 10, 2013.FINALLY, CURATORS, THROUGH PURCHASES, GIFTS, AND BEQUESTS, ACQUIRED 139 WORKS OF ART FOR THE COLLECTION, INCLUDING: TWO (2) AMERICAN PAINTINGS; THIRTY-FIVE (35) AMERICAN PHOTOGRAPHS; SEVENTEEN (17) AMERICAN PRINTS & DRAWINGS; ONE (1) AMERICAN DECORATIVE ART OBJECT; SEVENTEEN (17) CONTEMPORARY PHOTOGRAPHS; FOURTEEN (14) CONTEMPORARY PRINTS & DRAWINGS; TWO (2) CONTEMPORARY PAINTINGS; THREE (3) CONTEMPORARY SCULPTURES; TWENTY-TWO (22) COSTUME & TEXTILE ITEMS; TWO (2) EUROPEAN PAINTINGS; TWENTY-TWO (22) EUROPEAN PRINTS & DRAWINGS; AND TWO (2) EUROPEAN DECORATIVE ARTS OBJECTS.CURATING AND CURATORIAL RESEARCH EXPENSE: $1,313,797ART PURCHASES:NOSADELLA - THYESTES AND AEROPE: GIOVANNI FRANCESCO BEZZIWOODEN HORSES: REGINALD MARSHSWEETMEAT BOX: THEODORE DECKOKAY MOUNTAIN: VIDEOSELF-PORTRAIT: CHUCK CLOSEAMULET - SILVER GILT: GERMANOLSON HOUSE - PHOTOGRAPH: JAMES WELLINGCHILD'S PRINTED WOOL DRESS 1837-1840 PELISSE- YELLOW & PINK OMBRE TOTAL ART PURCHASES AND RELATED EXPENSES $2,461,650TOTAL CURATORIAL RESEARCH AND ART PURCHASES $3,475,447 599701 0 0 EDUCATIONTHIS YEAR, THE WADSWORTH ATHENEUM PRESENTED A WIDE-RANGING SCHEDULE OF PROGRAMS THAT CONNECTED ARTISTS WITH OUR COMMUNITY. OUR ONGOING LECTURES, FREE SECOND SATURDAYS FOR FAMILIES, COMMUNITY DAYS AND SUNDAY SERENADES SERIES ENGAGED 88 VISUAL ARTISTS, STORYTELLERS, MUSICAL GROUPS, DANCE TROOPS, COMMUNITY ORGANIZATIONS, AND SCHOLARS IN THE GREATER HARTFORD COMMUNITY AND BEYOND-FROM ARTIST ADAM NIKLEWICZ TO THE KNITTY GRITTY COMMITTEE TO THE CONNECTICUT BALLET. IN 2012-2013 THE EDUCATION AND VISITOR SERVICES DEPARTMENT CONTINUED TO OFFER A BROAD VARIETY OF PROGRAMS WHILE ALSO SOLIDIFYING OUR FAMILY AND SCHOOL PROGRAMS. EDUCATION PROGRAMMING AND TOURS ACCOUNTED FOR 39.2% OF THE MUSEUM'S ANNUAL ATTENDANCE OF JUST OVER 100,000. SOME 22,500 STUDENTS, TEACHERS, FAMILIES AND ADULTS, WENT ON GUIDED TOURS WITH ONE OF OUR 95 DOCENTS. WE CONTINUED TO ENGAGE FAMILY AUDIENCES WITH MORE THAN 7,500 VISITORS ATTENDING PROGRAMMING DURING OUR FREE SECOND SATURDAYS FOR FAMILIES. THE SUMMER ART STUDIO PROGRAM CONTINUED TO CREATE TRANSFORMATIVE EXPERIENCES FOR AREA YOUTH TO ENCOURAGE THEM TO SEEK OUT THE ARTS IN THEIR ONGOING EDUCATION. IN THE MORNINGS, AREA HIGH SCHOOL JUNIORS AND SENIORS FROM THE HARTFORD ART SCHOOL'S SUMMER HIGH SCHOOL VISUAL ARTS PROGRAM ENGAGED WITH MASTERWORKS FROM THE MUSEUM'S COLLECTION ON DOCENT-GUIDED TOURS AND PRACTICED VARIOUS DRAWING TECHNIQUES IN THE GALLERIES. THE MUSEUM PROVIDED FOUR HARTFORD HIGH SCHOOL STUDENTS WITH SCHOLARSHIPS TO ATTEND THE PROGRAM INCLUDING TUITION, SUPPLIES, TRANSPORTATION AND A STIPEND. IN THE AFTERNOON HOURS, YOUTH FROM FIVE HARTFORD COMMUNITY ORGANIZATIONS PARTICIPATED IN DOCENT-LED TOURS OF THE MUSEUM FOLLOWED BY AN ART-MAKING ACTIVITY WITH HARTFORD ART TEACHER, NATASHA B. MILES. FREE ADMISSION, TOURS AND BUSING WERE OFFERED TO ALL GROUPS. 4966531 0 553405 OTHER PROGRAM EXPENSES: FUNDED ACTIVITIES $ 83,167 SECURITY, BUILDING 2,756,566MARKETING & PUBLIC RELATIONS 473,429CAFE, SHOP AND THEATER 574,002MEMBERSHIP 158,140OTHER FUNDED PROGRAMS 37,554DEPRECIATION 883,673 TOTAL OTHER PROGRAM EXPENSES $4,966,531 4966531 553405 9756682 1 1 0 0 0 0 1 1 0 1 1 1 0 0 0 1 1 0 0 0 0 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 88 0 1 111 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 X 42 42 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CT NY X CAROLE LAROCHELLE 8608384067 600 MAIN STREET HARTFORD CT 06103 DUFFIELD ASHMEAD 1.00 X 0 0 0 THOMAS MCEACHIN 1.00 X 0 0 0 CHERYL A CHASE 1.00 X X 0 0 0 DAVID W DANGREMOND 1.00 X X 0 0 0 JEFFREY BROWN 1.00 X 0 0 0 THOMAS J ANATHAN 1.00 X 0 0 0 SUSAN CHANDLER 1.00 X 0 0 0 HOWARD L CARVER 1.00 X 0 0 0 HALSEY COOK 1.00 X 0 0 0 FRANCINE CHRISTIANSEN 1.00 X 0 0 0 ESTHER PRYOR 1.00 X 0 0 0 DIANE B CLOUD 1.00 X 0 0 0 SUSAN A ROTTNER 1.00 X X 0 0 0 EMILIE DE BRIGARD 1.00 X 0 0 0 FREDERICK COPELAND 1.00 X 0 0 0 MARY C FOX 1.00 X 0 0 0 JEFFREY G MARSTED 1.00 X 0 0 0 JOANNE EUDY 1.00 X 0 0 0 KATHLEEN O'CONNOR 1.00 X 0 0 0 HY J SCHWARTZ 1.00 X X 0 0 0 SAMUEL R PETERSON 1.00 X 0 0 0 HENRY R MARTIN 1.00 X X 0 0 0 KAREN CRONIN WHEAT 1.00 X 0 0 0 LINDA CHEVERTON WICK 1.00 X X 0 0 0 HENRY M ZACHS 1.00 X 0 0 0 LORI MCGEE 1.00 X 0 0 0 TIMOTHY MCLAUGLIN 1.00 X 0 0 0 LAURA R HARRIS 1.00 X 0 0 0 MARGARET MV PRESTON 1.00 X 0 0 0 PAMELA TROTMAN REID 1.00 X 0 0 0 JAMES ROBB 1.00 X 0 0 0 MATT SCHAEFER 1.00 X 0 0 0 TERI TROTTER 1.00 X 0 0 0 DIANE MACRIS 0.00 X 0 0 0 GREG DEAVENS 0.00 X 0 0 0 ROBERT MEAD 1.00 X 0 0 0 LAURA DAMBIER 1.00 X 0 0 0 JAY MORTON 0.00 X 0 0 0 TERRY GAUDET 0.00 X 0 0 0 EILEEN S POLLACK 0.00 X 0 0 0 WILLIAM R PEELLE JR 1.00 X 0 0 0 JOHN M REYNOLDS 1.00 X 0 0 0 JUDITH MIHALKO 35.00 X 92585 0 0 SUSAN TALBOTT 35.00 X 330453 0 31083 423038 0 31083 1 0 1 0 0 383458 309963 5686545 4405729 10785695 EXHIBITION FEES 900099 590937 590937 SALE OF MUSEUM MERCHANDISE 453220 553405 553405 ADMISSION REVENUE 900099 369294 369294 1513636 1076272 1076272 19195984 15597314 3598670 3598670 26528 3572142 325819 309963 175380 150439 150439 9907 15603 -5696 -5696 17119016 1540164 -5696 4798853 454121 171289 125953 156879 2597470 1845550 630380 121540 487849 342708 114234 30907 289319 204834 57810 26675 38269 11783 26115 371 55524 17096 37889 539 1167436 1022586 79394 65456 32179 28186 2188 1805 78605 68850 5345 4410 1406566 1285592 120974 903360 499365 343891 60104 1111958 883673 178803 49482 ACQUISITION OF ARTWORK 2461650 2461650 POSTAGE 443854 421282 19948 2624 PRINTING 346011 279599 44083 22329 FEES 274010 84378 186957 2675 128261 128261 12276442 9756682 1973964 545796 761089 459057 1338123 2795891 2092721 6533497 166126 36096 513810 487888 34603129 12694398 18346744 21908731 40239940 44809576 45755681 43026598 17298 10390 109231532 120067724 1508859 2085117 486720 505461 1979082 1995579 4569660 X 33803795 35660749 41871288 48348692 31560870 31488623 107235953 115498064 109231532 120067724 4842574 3419537 0 X 0 1 X 1 1 0 X 19493977 6333568 4357841 5646565 10785695 46617646 19493977 6333568 4357841 5646565 10785695 46617646 1242412 45375234 3038236 1866791 2189329 1182525 1076272 9353153 125508 100578 93248 40818 48471 408623 56379422 8659894 0.80480 0.44480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 2 0.00 2 1 1 0 1.00 0 1 X X X X X EDUCATION 0 83971490 1500278 8477148 7373651 472226 86103039 88964640 1149146 658116 6400661 399751 83971490 76719151 923226 15433221 3858818 252140 88964640 71290175 1922555 9186836 5465291 230344 76719151 89377311 1170213 -13348884 5689089 219376 71290175 0.17200 0.35700 0.47100 1 0 26359971 9377839 16982132 3622805 3316559 306246 4620353 4620353 21908731 DEBT SECURITIES 23004239 F INVESTMENTS HELD IN TRUST BY OTHERS 764812 C SHORT TERM INVESTMENTS 19257547 C 43026598 X 20734101 3419537 4565 190983 3615085 17119016 0 17119016 12471989 4565 190983 195548 12276441 0 12276441 DESCRIPTION OF HOW ORGANIZATION REPORTS CONSERVATION EASEMENTS: PART II, LINE 9: THE WADSWORTH ATHENEUM MUSEUM OF ART REFLECTS EXPENDITURES RELATING TO ITS EASEMENTS IN ITS OPERATING REVENUE AND EXPENDITURE REPORT. EXPENDITURES ARE BUDGETED IN THE APPROPRIATE FISCAL YEARS. PART III, LINE 1A: IN ACCORDANCE WITH STATEMENT OF FINANCIAL ACCOUNTING STANDARDS NO. 116, ACCOUNTING FOR CONTRIBUTIONS RECEIVED AND CONTRIBUTIONS MADE, COLLECTIONS OF WORKS OF ART ACQUIRED THROUGH DONATIONS SINCE THE MUSEUM'S INCEPTION ARE NOT RECOGNIZED AS ASSETS IN THE ACCOMPANYING STATEMENTS OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED OR AS DECREASES IN TEMPORARILY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE UNRESTRICTED NET ASSET CLASS. MUSEUM POLICY LIMITS THE USE OF PROCEEDS FROM DEACCESSIONS OR INSURANCE SOLELY FOR ACQUISITION OF OTHER ART OBJECTS. PART III, LINE 4: THE WADSWORTH ATHENEUM MUSEUM OF ART HOUSES A COLLECTION OF MORE THAN 45,000 OBJECTS INCLUDING PAINTINGS, SCULPTURES, DECORATIVE ARTS, WORKS ON PAPER, COSTUMES AND TEXTILES, AND VIDEOS, RANGING IN DATE FROM ANTIQUITY TO CONTEMPORARY AND INCLUDING WORKS FROM MOST OF THE CONTINENTS. THE WADSWORTH ATHENEUM IS ONE OF CONNECTICUT'S PRINCIPAL CULTURAL AND CIVIC INSTITUTIONS AND A MUSEUM OF INTERNATIONAL SIGNIFICANCE. THE MUSEUM IS A NOT-FOR-PROFIT ORGANIZATION THAT ENSURES THE PUBLIC HAS ACCESS TO ARTWORK THAT IS ARTISTICALLY AND HISTORICALLY SIGNFICANT. IN ADDITION TO PERMANENT COLLECTION DISPLAYS, THE ATHENEUM PRESENTS SPECIAL EXHIBITIONS OF LOANED WORKS. A WIDE RANGE OF INTERPRETIVE AND EDUCATIONAL PROGRAMS FOR CHILDREN, FAMILIES, AND ADULTS, PUBLIC AND SCHOOL TOURS, ARE OFFERED REGULARLY. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS ARE FOR THE USE OF OPERATIONAL, EXHIBITION, AND PROGRAMMING SUPPORT, AS WELL AS THE PURCHASE OF WORKS OF ART. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE MUSEUM IS A PRIVATE NOT-FOR-PROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS AN ORGANIZATION GENERALLY EXEMPT FROM INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THE MUSEUM HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2013. THE MUSEUM'S U.S. FEDERAL INFORMATION RETURNS PRIOR TO FISCAL YEAR 2010 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF THE MUSEUM WERE TO INCUR UNRELATED BUSINESS INCOME TAXES, IT WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH ANY TAX MATTERS AS PART OF THE INCOME TAX PROVISION AND INCLUDE ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE STATEMENT OF FINANCIAL POSITION. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 175,380. SHOP EXPENSES 15,603. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 175,380. SHOP EXPENSES 15,603. X X X X X X 0 CT NY FALL GALA 476219 198871 277348 119845 GOLF TOURNAMENT 106125 66401 39724 46788 1 53438 44691 8747 8747 635782 309963 325819 175380 175380 150439 X 1 1 X X X X 0 0 0 0 0 0 0 0 0 SUSAN TALBOTT 320228 0 0 0 10225 0 17250 0 13833 0 361536 0 330018 0 A CONNECTICUT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 060806186 2013-01-15 3661206 ACQUIRED AND INSTALLED HEAT/COOLING PLANT AND HVAC MECHANICAL UNITS 0 0 0 A 3661206 42942 1936140 1682124 2014 0 0 0 1 A 0 0 0 0 0 0 0 A 0 1 0 0 0 0 0 0 0 A 0 SCHEDULE K, PART III Q9, PART IV Q7 AND PART V COMPLIANCE POLICY THE WADSWORTH ATHENEUM IS IN THE PROCESS OF WRITING THE POLICY TO MONITOR COMPLIANCE WITH THE TAX-EXEMPT BOND AND CONSULT WITH BOND COUNSEL. X 48 0 SEE SCHEDULE O 0 1 0 FORM 990, PART VI, SECTION A, LINE 7A THE MUSEUM HAS A BOARD OF ELECTORS WHO ELECTS THEIR SUCCESSORS AND THE TRUSTEES AT THE ANNUAL ELECTION MEETING OF ELECTORS. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE OF THE WADSWORTH ATHENEUM REVIEWS THE COMPLETED FORM(S) 990 IN DEPTH. THE CHAIR OF THE AUDIT COMMITTEE WILL MAKE THE FORM AVAILABLE ELECTRONICALLY TO THE BOARD OF TRUSTEES FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C MUSEUM MANAGEMENT MONITORS AND ENFORCES COMPLIANCE BY REQUIRING ALL EMPLOYEES TO COMPLETE A CONFLICT OF INTEREST FORM ANNUALLY WHICH DISCLOSES ALL INTERESTS. MANAGEMENT REVIEWS EACH FORM AND DETERMINES IF ANY DISCLOSURES POSE ANY CONFLICTS. IF MANAGEMENT DETERMINES THERE MIGHT BE A CONFLICT, THE ETHICS COMMITTEE OF THE BOARD WOULD BE INFORMED. FORM 990, PART VI, SECTION B, LINE 15 CEO/DIRECTOR THE PRESIDENT OF THE BOARD OF TRUSTEES WORKS WITH A SUB-COMMITTEE OF THE EXECUTIVE COMMITTEE (COMPENSATION COMMITTEE) AND DIRECTOR OF HUMAN RESOURCES TO DETERMINE THE SALARY AND BENEFIT PACKAGE FOR THE CEO/DIRECTOR. THE ASSOCIATION OF ART MUSEUM DIRECTORS (AAMD) SALARY SURVEY, MUSEUM'S BUDGET AND THE CANDIDATE'S QUALIFICATIONS AND EXPERIENCE ARE TAKEN INTO CONSIDERATION IN DETERMINING THE COMPENSATION PACKAGE. OFFICERS OR KEY EMPLOYEES THE CEO/DIRECTOR OF THE MUSEUM DETERMINES THE COMPENSATION FOR OFFICERS AND KEY EMPLOYEES. THE CEO/DIRECTOR WORKS WITH THE DIRECTOR OF HUMAN RESOURCES AND USES THE ASSOCIATION OF ART MUSEUM DIRECTORS (AAMD) SALARY SURVEY AND THE MUSEUM'S BUDGET AS GUIDELINES TO DETERMINE THE COMPENSATION AMOUNT. THE CEO/DIRECTOR REVIEWS THE OVERALL COMPENSATION PLAN WITH THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE DISTRIBUTED AT THE ANNUAL MEETING, POSTED ON THE WADSWORTH ATHENEUM WEBSITE AND BY REQUEST. CONFLICT OF INTEREST POLICIES ARE CURRENTLY NOT AVAILABLE TO THE PUBLIC. GOVERNING DOCUMENTS OR BY-LAWS ARE DISCLOSED BY REQUEST. ACCOUNTING POLICY - RECORDING REVENUE AND EXPENSE ON ART DONATIONS RECEIVED SCHEDULE M, PART I, LINE 1 CONTRIBUTED ART IS NOT INCLUDED IN REVENUE OR EXPENSE IN THE MUSEUM'S FINANCIAL STATEMENTS PER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. VALUES ARE DETERMINED FOR CHARITABLE DEDUCTIONS AS NECESSARY TO SUPPORT INDIVIDUAL DONOR NEEDS.