2013-03-22T13:02:08-05:00 2012-06-30 421539623 KMH LLP 1003 BISHOP STREET SUITE 2400 HONOLULU HI 96813 990 2011-07-01 990161980 BISHOP MUSEUM BISH 8088484161 1525 BERNICE STREET HONOLULU HI 968172704 DENYS KAZAMA 8088484161 2013-03-22 1 DEANNA C AWA P00647777 8085262255 2011 2016-02-25 16:41:14Z DENYS KAZAMA 1525 BERNICE STREET HONOLULU HI 968172704 15322739 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. 26 21 229 419 60699 23428 11670945 11008048 2081116 1926339 128973 580375 669888 575350 14550922 14090112 0 0 0 0 6870365 6439289 157935 146425 802578 6554019 6516710 13582319 13102424 968603 987688 85289483 86016758 11502223 13629677 73787260 72387081 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 1242859 31762 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. 2066571 282972 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. 2467524 1635909 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. 238397 507379 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. 710395 241473 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. 948792 748852 6725746 1 1 0 1 0 0 1 1 0 1 1 0 0 1 1 1 0 1 0 0 1 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 1 0 0 1 X 82 0 1 229 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 26 21 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 HI X X DENYS KAZAMA 8088484161 1525 BERNICE STREET HONOLULU HI 96817 X BLAIR D COLLIS 39.00 X X 139368 0 38022 TIMOTHY E JOHNS 1.00 X 101866 0 19526 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 0 0 0 HEATHER GIUGNI 1.00 X 0 0 0 NEIL J HANNAHS 1.00 X 0 0 0 SANNE HIGGINS 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 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 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 Y YEAMAN 1.00 X 0 0 0 ALLEN ALLISON PHD 39.00 X 74527 0 32271 BETTY LOU KAM 39.00 X 73222 0 14970 DONNA HOWARD 39.00 X 87257 0 5126 DENYS S KAZAMA 39.00 X 99608 0 9645 KAHIKINO N DETTWEILER 39.00 X 73501 0 6109 ENCARNACION NAKAMAEJO 39.00 X 25429 0 14020 NICOLE SAKAI 39.00 X 38340 0 9883 CHARLENE NAKAMURA 39.00 X 45000 0 3514 758118 0 153086 2 0 1 0 CONSTRUCTORS HAWAII INC 1728 KAHAI STREET HONOLULU HI 96819 CONSTRUCTION 1918723 DEBERNARDI CONSTRUCTIONS CO POST OFFICE BOX 291 CAPTAIN COOK HI 96704 CONSTRUCTION 717142 ENERGY INDUSTRIES LLC 2660 WAIWAI LOOP HONOLULU HI 96819 ENERGY EFFICIENCY PROJECT 401538 DINOSAURS UNEARTHED CORP THE CORPORATIO 1209 ORANGE STREET WILLMINGTON DE 19801 MUSEUM EXHIBIT 315130 MASON ARCHITECTS INC 119 MERCHANT STREET STE 501 HONOLULU HI 96813 CONSTRUCTION 191611 13 703349 291390 5259777 4753532 35818 11008048 ADMISSIONS 900004 1484363 1484363 RESEARCH CONTRACTS 900004 441976 441976 1926339 78564 78564 258836 161124 97712 97712 97712 564393 522404 559836 25150 4557 497254 501811 501811 68600 291390 160472 -91872 -91872 857227 326045 531182 470483 60699 COMMISSION/ROYALTY 900004 36338 36338 OTHER INCOME 900099 1990 1990 38328 14090112 2435150 60699 586215 746928 181690 544686 20552 3938828 2374165 1367378 197285 1258571 817934 366764 73873 494962 274905 195919 24138 6712 1349 5363 149562 149562 146425 146425 954958 721958 174858 58142 83868 9722 74146 883798 456830 328389 98579 128957 72479 44422 12056 1063411 36218 1026779 414 298761 274989 20247 3525 1768714 899815 740906 127993 223113 29382 193731 EXHIBIT RENTALS 395000 395000 FOOD AND BEVERAGES 69336 32031 11295 26010 MEMBERSHIP DUES 39755 8468 31002 285 LICENSES AND FEES 20038 559 19479 430727 138252 279174 13301 13102424 6725746 5574100 802578 437416 274005 527195 255554 2650155 2037913 6360412 5743802 355072 366504 444457 205207 73860161 23564902 46989224 50295259 4846278 4893214 22679274 21945300 85289483 86016758 5088730 6492020 346116 333965 5969484 6709484 97893 94208 11502223 13629677 X 44613960 44352051 3169459 2774057 26003841 25260973 73787260 72387081 85289483 86016758 X 987688 -2387867 X 0 1 1 X 1 1 X 10949720 13340894 10508650 11670945 11008048 57478257 10949720 13340894 10508650 11670945 11008048 57478257 1178572 56299685 594808 419283 434935 412065 337400 2198491 49630 49996 60716 56951 60699 277992 58673 56010 54740 50525 68600 288548 60243288 13939754 0.93450 0.93720 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 36094 0 0 36094 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 0 0 X X X X 0 26953483 -543648 200400 26209434 23803659 3350224 200400 26953483 22534615 25534 1443916 200406 23803659 27990622 56200 -5326382 185825 22534615 0.00450 0.96380 0.03170 1 0 415714 3872445 4288159 35778031 7954359 27823672 16643115 7413192 9229923 9418971 8197351 1221620 7731885 7731885 50295259 ASSETS HELD IN CHARITABLE REMAINDER TRUSTS 316626 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 21628674 21945300 LIABILITY UNDER CHARITABLE REMAINDER TRUSTS 94208 94208 14090112 13102424 987688 39361 -2427228 -2387867 -1400179 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: THE MUSEUM HAS EVALUATED ITS TAX POSITIONS AND DETERMINED THAT THERE WERE NO UNCERTAIN TAX POSITIONS AT JUNE 30, 2012 AND 2011. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF TRUST ASSETS -744,563. ROUNDING 4. ACCRUED PENSION LIABILITY ADJUSTMENT UNDER SFAS 158 -1,682,669. TOTAL TO SCHEDULE D, PART XI, LINE 8: -2,427,228. EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES ARCHAEOLOGICAL AND NATURAL SCIENCE RESEARCH 736463 EUROPE 0 0 PROGRAM SERVICES NATURAL SCIENCE RESEARCH 76316 0 0 0 0 0 0 812779 0 812779 0 0 0 0 0 0 X X X X 1 THE LUKENS COMPANY (TLC) 2800 SHIRLINGTON RD 9TH FLOOR ARLINGTON VA 222063613 MEMBERSHIP/ANNUAL FUND 0 796768 121826 674942 PG CALC INCORPORATED 129 MOUNT AUBURN ST CAMBRIDGE MA 02138 PLANNED GIVING 0 0 24599 -24599 796768 146425 650343 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VI WA WV WI WY BPB ANNUAL DINNER 359990 291390 68600 35907 37235 5700 81630 359990 291390 68600 35907 37235 5700 81630 160472 -91872 X 1 1 X X X X 0 0 0 0 0 0 0 0 0 BLAIR D COLLIS 139368 0 0 0 0 0 10731 0 28512 0 178611 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. M CHUN - DIRECTOR OF BANK OF HAWAII DIRECTOR OF BOTH EO AND INTERESTED PERSON (BANK OF HAWAII) 178846 EO PAID BANK OF HAWAII FOR INTEREST ON FUNDS DRAWN FROM LINE OF CREDIT. 0 M CHUN - DIRECTOR OF BANK OF HAWAII DIRECTOR OF BOTH EO AND INTERESTED PERSON (BANK OF HAWAII) 405944 PAYMENTS BY EO TO EO'S PENSION PLAN. BANK OF HAWAII IS THE CUSTODIAN OF THE EO'S PENSION FUND ACCOUNT. 0 J LYMAN - VICE PRESIDENT OF FIRST HAWAIIAN BANK DIRECTOR OF EO AND VP OF INTERESTED PERSON (FIRST HAWAIIAN BANK) 559562 PAYMENTS BY EO TO FIRST HAWAIIAN BANK CORPORATE CREDIT CARD ACCOUNT. EO HAS A CORPORATE MASTERCARD ACCOUNT ISSUED BY FIRST HAWAIIAN BANK. 0 J LYMAN - VICE PRESIDENT OF FIRST HAWAIIAN BANK DIRECTOR OF EO AND VP OF INTERESTED PERSON (FIRST HAWAIIAN BANK) 22595 PAYMENTS BY EO TO FIRST HAWAIIAN BANK FOR INTEREST ON FIRST HAWAIIAN BANK LEASE. 0 J LYMAN - VICE PRESIDENT OF FIRST HAWAIIAN BANK DIRECTOR OF EO AND VP OF INTERESTED PERSON (FIRST HAWAIIAN BANK) 139048 EO PAID FIRST HAWAIIAN BANK FOR INTEREST ON FUNDS DRAWN FROM LINES OF CREDIT. 0 T JOHNS - DIRECTOR OF HAWAIIAN ELECTRIC COMPANY INC (HECO) DIRECTOR OF BOTH EO AND INTERESTED PERSON (HECO) 918914 EO PAID HECO, AN ELECTRIC COMPANY, FOR ITS MONTHLY UTILITY INVOICES. 0 M CHUN & T JOHNS - DIRECTORS OF HAWAII MEDICAL SERVICE ASSOCIATION (HMSA) DIRECTORS OF BOTH EO AND INTERESTED PERSON (HMSA) 703248 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. 125718 MONARCH INSURANCE SERVICES, INC. IS THE MUSEUM'S INSURANCE AGENT AND OBTAINS INSURANCE COVERAGE ON ITS BEHALF FROM INSURANCE COMPANIES. 0 X 1 0 X 5 35818 FAIR MARKET VALUE 0 0 1 1 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: 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. NON REPORTING OF REVENUE: PART I, LINE 33: BISHOP MUSEUM DOES NOT REPORT CONTRIBUTIONS OF ART, HISTORICAL TREASURES, AND OTHER SIMILAR ITEMS THAT ARE ACCESSIONED INTO ITS COLLECTION IN ITS REVENUE STATEMENT, AS PERMITTED UNDER SFAS 116. AS SUCH, A ZERO AMOUNT IS REPORTED ON PART I, LINE 1, COLUMN (C). 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 ALLEN ALLISON (UNIVERSITY OF HAWAII) - BUSINESS RELATIONSHIP NEIL J. HANNAHS (UNIVERSITY OF HAWAII) - BUSINESS RELATIONSHIP HARRY A. SAUNDERS (UNIVERSITY OF HAWAII) - BUSINESS RELATIONSHIP GARY T. NISHIKAWA (UNIVERISTY OF HAWAII) - 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. FORM 990, PART VII, SECTION A, LINE 1A: TIMOTHY E. JOHNS SERVED AS PRESIDENT AND CEO THRU MAY 31, 2011 AND BECAME A DIRECTOR AS OF JUNE 1, 2011. BLAIR D. COLLIS SERVED AS SENIOR VICE PRESIDENT AND CHIEF OPERATING OFFICER THRU MAY 31, 2011 AND BECAME PRESIDENT AND CEO AS OF JUNE 1, 2011. AS SUCH, THE CALENDAR YEAR COMPENSATION AMOUNTS FOR TIMOTHY E. JOHNS REPORTED IN PART VII REPRESENT PAYMENTS TO HIM AS AN OFFICER OF BISHOP MUSEUM DURING 2011. WHILE TIMOTHY E. JOHNS SERVED AS PRESIDENT AND CEO, HIS AVERAGE HOURS PER WEEK WERE 39. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 39,361. CHANGE IN VALUE OF TRUST ASSETS -744,563. ROUNDING 4. ACCRUED PENSION LIABILITY ADJUSTMENT UNDER SFAS 158 -1,682,669. TOTAL TO FORM 990, PART XI, LINE 5: -2,387,867. FORM 990, PART I, LINE 6: THE ESTIMATE VOLUNTEER COUNT REPRESENTS REGULAR VOLUNTEERS WHO VOLUNTEER CONSISTENLY 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, 2011 - JUNE 30, 2012, THE MUSEUM RECORDED 9,545 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 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 HAWAII MARITIME CENTER D 4984483 CASH HAWAII MARITIME CENTER N 18673 CASH