2012-05-15T15:48:04-05:00 2011-06-30 KMH LLP 1003 BISHOP STREET SUITE 2400 HONOLULU HI 96813 990 2010-07-01 990161980 BISHOP MUSEUM BISH 8088484161 1525 BERNICE STREET HONOLULU HI 968172704 DENYS KAZAMA 8088484161 2012-05-15 1 DEANNA C AWA 8085262255 2010 2016-02-24 21:20:13Z DENYS KAZAMA 1525 BERNICE STREET HONOLULU HI 968172704 15634508 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. 27 16 230 324 56951 18884 10508650 11670945 1870731 2081116 799274 128973 667631 669888 13846286 14550922 0 0 0 0 6874349 6870365 136171 157935 1106244 6005061 6554019 13015581 13582319 830705 968603 78675480 85289483 9848888 11502223 68826592 73787260 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 1513076 31937 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. 2058959 367732 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. 2576436 1615878 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. 251791 575555 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. 744413 293100 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. 996204 868655 7144675 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 1 1 1 0 0 0 0 1 1 1 0 0 1 X 79 0 1 230 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 27 16 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 HI X DENYS KAZAMA 8088484161 1525 BERNICE STREET HONOLULU HI 96817 X BLAIR D COLLIS 39.00 X X 87795 0 42493 TIMOTHY E JOHNS 1.00 X X 172168 0 83329 ISABELLA A ABBOTT PHD 1.00 X 0 0 0 EIRAYNA K ADAMS 1.00 X 0 0 0 DANIEL K AKAKA JR 1.00 X 0 0 0 CHARMAN J AKINA MD 1.00 X 0 0 0 ROBERT A ALM 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 H MITCHELL D'OLIER 1.00 X 0 0 0 ALLISON HOLT GENDREAU 1.00 X 0 0 0 NEIL J HANNAHS 1.00 X 0 0 0 SANNE HIGGINS 1.00 X 0 0 0 RICHARD HUMPHREYS 1.00 X 0 0 0 ANTON C KRUCKY 1.00 X 0 0 0 MARLENE M LUM 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 ROBIN S MIDKIFF 1.00 X 0 0 0 WILMER C MORRIS 1.00 X 0 0 0 GARY T NISHIKAWA 1.00 X 0 0 0 RICHARD PAGLINAWAN 1.00 X 0 0 0 WINONA E RUBIN 1.00 X 0 0 0 HARRY A SAUNDERS 1.00 X 0 0 0 DONNA TANOUE 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 HEATHER GIUGNI 1.00 X 0 0 0 BOYD P MOSSMAN 1.00 X 0 0 0 MIKE J MCCARTNEY 1.00 X 0 0 0 GEORGINA KAWAMURA 1.00 X 0 0 0 ALLEN ALLISON PHD 39.00 X 72974 0 35320 BETTY LOU KAM 39.00 X 71298 0 34508 DONNA HOWARD 39.00 X 16473 0 7973 ANDREW M TOUMA 39.00 X 63804 0 30881 CHARLENE K NAKAMURA 39.00 X 44273 0 21428 DENYS S KAZAMA 39.00 X 96715 0 46810 K NOA DETTWEILER 39.00 X 65895 0 31893 691395 0 334635 1 0 1 0 DELPHI PRODUCTIONS INC 950 W TOWER AVE ALAMEDA CA 94501 EXHIBIT FABRICATION 335512 PARADIGM CONSTRUCTION LLC 197 SAND ISLAND ACCESS RD NO 204 HONOLULU HI 96819 CONSTRUCTION 314436 TRIPLE D PAINTING CO INC PO BOX 894797 MILILANI HI 96789 PAINTING 280735 MASON ARCHITECTS INC 119 MERCHANT STREET STE 501 HONOLULU HI 96813 CONSTRUCTION 278438 RALPH APPELBAUM ASSOCIATES INC 88 PINE STREET 29TH FLOOR NEW YORK NY 10005 MUSEUM EXHIBITION DESIGN 168573 9 760710 453825 6138842 4317568 31596 11670945 ADMISSIONS 900004 1636209 1636209 RESEARCH CONTRACTS 900004 444907 444907 2081116 60015 60015 352050 204379 147671 147671 147671 473896 25000 410112 19826 63784 5174 68958 68958 50525 453825 113102 -62577 -62577 887277 336167 551110 494159 56951 COMMISSION/ROYALTY 900004 31452 31452 OTHER INCOME 900099 2232 2232 33684 14550922 2608959 56951 214067 1114345 341701 667468 105176 3984514 2507678 1231896 244940 1271155 920565 265101 85489 500351 291240 176049 33062 21233 13969 7264 211959 211959 157935 157935 1075394 645837 278617 150940 103749 8881 91444 3424 1044090 596664 338374 109052 148871 96775 27027 25069 902235 17326 884602 307 320605 307429 10742 2434 1526775 775244 621042 130489 301913 39337 262576 EXHIBIT RENTALS 370000 370000 MEMBERSHIP DUES 41740 17658 20434 3648 FOOD AND BEVERAGES 28414 20267 8147 LICENSES AND FEES 20282 6139 14143 BOOKS & PERIODICALS 17504 15530 1585 389 419255 152435 221077 45743 13582319 7144675 5331400 1106244 1160990 437416 527195 3120539 2650155 5645200 6360412 381367 355072 340198 444457 68786997 21797773 43727582 46989224 4324178 4846278 19975426 22679274 78675480 85289483 4875051 5088730 1020328 346116 3870484 5969484 83025 97893 9848888 11502223 X 42390315 44613960 3099832 3169459 23336445 26003841 68826592 73787260 78675480 85289483 X 968603 3992065 X 0 1 1 X 1 1 X 19537028 10949720 13340894 10508650 11670945 66007237 19537028 10949720 13340894 10508650 11670945 66007237 1374411 64632826 544327 594808 419283 434935 412065 2405418 78678 49630 49996 60716 56951 295971 34160 58673 56010 54740 50525 254108 68962734 14512693 0.93720 0.91910 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 55686 0 0 55686 0 X X 4 595.00 2 0 0 1 0 500.00 5000 0 0 0 X X X X 0 23803659 0 3350224 200400 26953483 22534615 25534 1443916 200406 23803659 27990622 56200 -5326382 185825 22534615 1.00000 1 0 440864 3872445 4313309 34643746 7266805 27376941 16639169 6612796 10026373 8742562 7918172 824390 4448211 4448211 46989224 ASSETS HELD IN CHARITABLE REMAINDER TRUSTS 307732 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 22371542 22679274 LIABILITY UNDER CHARITABLE REMAINDER TRUSTS 97893 97893 14550922 13582319 968603 611079 3380986 3992065 4960668 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, 2011 AND 2010. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF TRUST ASSETS 2,699,705. ROUNDING 4. ACCRUED PENSION LIABILITY ADJUSTMENT UNDER SFAS 158 681,277. EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES ARCHAEOLOGICAL AND NATURAL SCIENCE RESEARCH 126479 0 0 0 0 0 0 126479 0 126479 0 0 0 0 0 0 X X X X X X X 1 THE LUKENS COMPANY (TLC) 2800 SHIRLINGTON RD 9TH FLOOR ARLINGTON VA 222063613 MEMBERSHIP/ANNUAL FUND 0 859149 142321 716828 PG CALC INCORPORATED 129 MOUNT AUBURN ST CAMBRIDGE MA 02138 PLANNED GIVING 0 25000 15614 9386 884149 157935 726214 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 491300 445200 46100 10962 43592 7550 32439 MORTON'S ART RESTORATION 13050 8625 4425 18031 528 504350 453825 50525 10962 61623 7550 32967 113102 -62577 X 1 1 X X X X 0 0 0 0 0 0 0 0 0 TIMOTHY E JOHNS 172168 0 0 0 0 0 0 0 83329 0 255497 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. D TANOUE M CHUN - BOTH ARE DIRE DIRECTORS OF BOTH EO AND INTERESTED PERSON (BANK OF HAWAII) 126012 EO PAID BANK OF HAWAII FOR INTEREST ON FUNDS DRAWN FROM ONE LINE OF CREDIT. 0 D TANOUE M CHUN - BOTH ARE DIRE DIRECTORS OF BOTH EO AND INTERESTED PERSON (BANK OF HAWAII) 436055 PAYMENTS BY EO TO EO'S PENSION PLAN. BANK OF HAWAII IS THE CUSTODIAN OF THE EO'S PENSION FUND ACCOUNT. 0 R MIDKIFF - EXECUTIVE VICE PRESIDE DIR OF EO AND EXECUTIVE VP OF INTERESTED PERSON (FIRST HAWAIIAN BANK) 616362 PAYMENTS BY EO TO FIRST HAWAIIAN BANK CORPORATE CREDIT CARD ACCOUNT. EO HAS A CORPORATE MASTERCARD ACCOUNT ISSUED BY FIRST HAWAIIAN BANK. 0 R MIDKIFF - EXECUTIVE VICE PRESIDE DIR OF EO AND EXECUTIVE VP OF INTERESTED PERSON (FIRST HAWAIIAN BANK) 13181 PAYMENTS BY EO TO FIRST HAWAIIAN BANK FOR INTEREST ON FIRST HAWAIIAN BANK LEASE. 0 R MIDKIFF - EXECUTIVE VICE PRESIDE DIR OF EO AND EXECUTIVE VP OF INTERESTED PERSON (FIRST HAWAIIAN BANK) 90366 EO PAID FIRST HAWAIIAN BANK FOR INTEREST ON FUNDS DRAWN FROM LINES OF CREDIT. 0 0 R ALM & T JOHNS - SENIOR VP AND DIR OF HAWAIIAN ELECTRIC COMPANY INC ALM-DIR OF EO & SNR VP OF HECO, JOHNS-FORM PRES & DIR OF EO & DIR OF HECO 835036 EO PAID HECO, AN ELECTRIC COMPANY, FOR ITS MONTHLY UTILITY INVOICES 0 M CHUN & T JOHNS - DIRECTORS OF HAWAII MEDICAL SERVICE ASSOCIATION (HMSA) CHUN - DIR OF BOTH, JOHNS - FORMER PRESIDENT & DIRECTOR OF EO & DIR OF HMSA 736523 EO PAID HMSA FOR HEALTH INSURANCE PREMIUMS FOR ITS EMPLOYEES. 0 R HUMPHREYS SR - FATHER OF VP OF MONARCH INSURANCE SERVICES INC HUMPHREYS - DIR OF EO & THE FATHER OF THE VP OF MONARCH INSURANCE 115583 MONARCH INSURANCE SERVICES, INC. IS THE MUSEUM'S INSURANCE AGENT AND OBTAINS INSURANCE COVERAGE ON ITS BEHALF FROM INSURANCE COMPANIES 0 VARIOUS - UNIVERSITY OF HAWAII (UH) - SEE PART V SEE PART V 28662 EO PAID UH FOR SUBSCRIBING TO THE UH EXLIBRIS VOYAGER ONLINE SYSTEM 0 VARIOUS - UNIVERSITY OF HAWAII (UH) - SEE PART V SEE PART V 12757 EO PAID UH FOR PURCHASES OF UNIVERSITY PUBLICATIONS FOR RESALE 0 VARIOUS - UNIVERSITY OF HAWAII (UH) - SEE PART V SEE PART V 70495 EO PAID UH FOR SUBRECIPIENT PAYMENTS 0 VARIOUS - UNIVERSITY OF HAWAII (UH) - SEE PART V SEE PART V 32294 EO PAID UH FOR CONTRACTED SERVICES FOR THE SCIENCE DEPARTMENT 0 VARIOUS - UNIVERSITY OF HAWAII (UH) - SEE PART V SEE PART V 32330 EO PAID UH FOR VARIOUS SERVICE AGREEMENTS BETWEEN UH AND THE MUSEUM'S SCIENCE DIVISION 0 VARIOUS - UNIVERSITY OF HAWAII (UH) - SEE PART V SEE PART V 75665 UH PAID EO GRANTS AND FOR SERVICE CONTRACTS BETWEEN UH AND EO'S SCIENCE AND EDUCATION DIVISIONS 0 VARIOUS - UNIVERSITY OF HAWAII (UH) - SEE PART V SEE PART V 661 UH PAID EO FOR EO PRESS PUBLICATIONS 0 VARIOUS - UNIVERSITY OF HAWAII (UH) - SEE PART V SEE PART V 604 UH PAID EO FOR ADMISSIONS/SCHOOL GROUPS 0 VARIOUS - UNIVERSITY OF HAWAII (UH) - SEE PART V SEE PART V 65 UH PAID EO FOR PHOTO COPYING/ROYALTIES 0 A GENDREAU - 5 OWNER OF ISLANDER GROUP INC DIR OF EO AND 5% OWNER OF INTERESTED PERSON (ISLANDER GROUP,INC.) 33459 EO PAID ISLANDER GROUP, INC. FOR RETAIL PUBLICATIONS 0 A GENDREAU - 5 OWNER OF ISLANDER GROUP INC DIR OF EO AND 5% OWNER OF INTERESTED PERSON (ISLANDER GROUP,INC.) 100806 ISLANDER GROUP, INC PAID EO FOR PRESS REVENUE. 0 SCHEDULE L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: FOR TRANSACTIONS WHERE (A) NAME OF INTERESTED PERSON LISTS "VARIOUS - UNIVERSITY OF HAWAII (UH) - SEE PART V", NAMES SHOULD BE AS FOLLOWS:I. ABBOTT, A. ALLISON, N. HANNAHS, H. SAUNDERS, G. NISHIKAWA - UNIVERSITY OF HAWAII (UH)FOR TRANSACTIONS WHERE (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION LISTS "SEE PART V", RELATIONSHIPS SHOULD BE AS FOLLOWS:ABBOTT - DIR OF EO AND UH PROF EMERITUS, ALLISON - VICE PRESIDENT OF EO & UH GRAD PROF, HANNAHS - DIRECTOR OF BOTH EO AND INTERESTED PERSON (UH), SAUNDERS - DIRECTOR OF BOTH EO AND INTERESTED PERSON (UH), NISHIKAWA - DIRECTOR OF BOTH EO AND INTERESTED PERSON (UH) X 4 31596 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. 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 DONNA TANOUE (BANK OF HAWAII) - BUSINESS RELATIONSHIP MICHAEL CHUN (BANK OF HAWAII) - BUSINESS RELATIONSHIP ROBERT ALM (HAWAIIAN ELECTRIC COMPANY INC.) - BUSINESS RELATIONSHIP TIMOTHY E. JOHNS (HAWAIIAN ELECTRIC COMPANY INC.) - BUSINESS RELATIONSHIP MICHAEL CHUN (HAWAII MEDICAL SERVICE ASSOCIATION) - BUSINESS RELATIONSHIP TIMOTHY E. JOHNS (HAWAII MEDICAL SERVICE ASSOCIATION) - BUSINESS RELATIONSHIP ISABELLA ABBOTT (UNIVERSITY OF HAWAII) - BUSINESS RELATIONSHIP ALLEN ALLISON (UNIVERSITY OF HAWAII) - BUSINESS RELATIONSHIP NEIL HANNAHS (UNIVERSITY OF HAWAII) - BUSINESS RELATIONSHIP HARRY SAUNDERS (UNIVERSITY OF HAWAII) - BUSINESS RELATIONSHIP GARY 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 UPON REQUEST. THE ORGANIZATION'S WEBSITE IS CURRENTLY BEING REVIEWED AND RE-ORGANIZED AND WILL INCLUDE A SECTION FOR THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990 AND 990-T AND FINANCIAL STATEMENTS. 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 AND SCHEDULE J REPRESENT PAYMENTS TO HIM AS AN OFFICER OF BISHOP MUSEUM DURING 2010. 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: 611,079. CHANGE IN VALUE OF TRUST ASSETS 2,699,705. ROUNDING 4. ACCRUED PENSION LIABILITY ADJUSTMENT UNDER SFAS 158 681,277. TOTAL TO FORM 990, PART XI, LINE 5: 3,992,065. 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, 2010 - JUNE 30, 2011, THE MUSEUM RECORDED 41,722 VOLUNTEER HOURS. HAWAII MARITIME CENTER 1525 BERNICE STREET HONOLULU HI 96817 990196626 MUSEUM HI 501(C)(3) LINE 7 BISHOP MUSEUM 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 HAWAII MARITIME CENTER D 4920323 CASH HAWAII MARITIME CENTER N 27859 CASH