2012-12-17T09:19:46-06:00 2012-04-30 ERNST & YOUNG US LLP 111 MONUMENT CIRCLE SUITE 2600 INDIANAPOLIS IN 46204 990 2011-05-01 446012977 NELSON GALLERY FOUNDATION % TAMMY BLUHM NELS 8167511378 4525 OAK STREET KANSAS CITY MO 64111 Sarah Rowland 2012-12-10 true 3176817000 2011 2016-02-24 21:20:13Z Karen Christiansen COO 4525 Oak Street Kansas City MO 64111 147565329 false X www.nelson-atkins.org X 1954 MO ENCOURAGEMENT OF PUBLIC INTEREST IN ART. 16 16 402 500 129 26278986 12472485 697071 1072952 6038029 8956262 1045738 1118092 34059824 23619791 0 0 0 0 12341437 13314516 0 0 2409028 22678161 23953934 35019598 37268450 -959774 -13648659 732948562 664784871 248416617 208022993 484531945 456761878 X Encouragement of public interest in art. false false 29788216 1102450 0 The Nelson-Atkins Museum of Art is dedicated to connecting the public with great works of art. During the current fiscal year, the Nelson-Atkins welcomed over 410,000 visitors to explore it's encyclopedia collection of approximately 34,400 art objects spanning 5,000 years. Free general admission to the Museum's collection allows for hundreds of free public programs each year that give people a wide range of opportunities to interact with art. More than 120,000 adults and children participated in structured learning opportunities offered by the Museum's educational division during the current fiscal year. Curators focus on studying our collection, enhancing it through gifts and purchases, loaning works from our collection to other institutions to enhance the public's understanding of a particular artist or topic and they organize exhibitions for the Nelson-Atkins' galleries that are both collection and thematically developed. Each year at least three major featured exhibitions are held in large galleries dedicated to rotating or traveling exhibitions. In addition, three exhibitions are held annually in our photography galleries. Rotations of works on paper and textiles in our European collection is ongoing, giving visitors something new to see each time they visit. Approximately 500 volunteers assist and support the Museum annually by giving of their time and intellect. This includes docents and Museum guides who are rigorously trained by our education and curatorial staff to guide and interpret our collection for visitors. 0 0 0 29788216 true true false false false false false true false true true true false false true false false true false false true false false false false false false false false true true false false false false false false false false false false true true false false false true false false false false true X 121 0 true 402 true true true true BD VI CJ GK IS JE NL false false false false false false false false X 16 16 false false false false false false false true false false false true true true true true true true true false X TAMMY BLUHM 8167510417 4525 OAK STREET KANSAS CITY MO 64111 X Sarah Rowland 3.0 X 0 0 0 Mary Atterbury 1.0 X 0 0 0 G Kenneth Baum 1.0 X 0 0 0 Laura Fields 1.0 X 0 0 0 David Fowler 1.0 X 0 0 0 Scott Francis 1.0 X 0 0 0 J Petter Gattermeir 1.0 X 0 0 0 Richard C Green Jr 1.0 X 0 0 0 Shirley Helzberg 1.0 X 0 0 0 Sandra Lawrence 1.0 X 0 0 0 Alan R Marsh 1.0 X 0 0 0 Robert D Regnier 1.0 X 0 0 0 Louis Smith 1.0 X 0 0 0 Charles S Sosland 1.0 X 0 0 0 Kent Sunderland 1.0 X 0 0 0 Adelaide C Ward 1.0 X 0 0 0 Julian Zugazagoitia 35.0 X 324596 0 6134 Karen Christiansen 35.0 X 241898 0 43202 Gaylord Torrence 35.0 X 116098 0 5118 Ian Kennedy 35.0 X 105318 0 7077 Mark Zimmerman 35.0 X 103472 0 16505 Steven Waterman 35.0 X 103375 0 9129 Colin Mackenzie 35.0 X 102356 0 17130 1097113 0 104295 10 false true false American Food Vending 3606 John Glenn Blvd SYRACUSE NY 13209 FOOD SERVICE 900176 Shelton Son Lawn Tree Co PO Box 320289 KANSAS CITY MO 64132 LAWN SERVICE 397169 Eric Mehaffey 5801 Harrison KANSAS CITY MO 64110 CASE FABRICATION 212102 McCown Gordon Construction 422 Admiral Blvd Suite 100 KANSAS CITY MO 64106 CONSTRUCTION 166820 BECI Inc 510 Miami Ave KANSAS CITY MO 66105 Electrical 160010 7 3058508 1696609 316244 7401124 470409 12472485 Exhibition Fees 900099 456006 456006 Program Fees 900099 261760 261760 Parking Fees 900099 355186 355186 1072952 4049713 129 4049584 0 29498 29498 57850 77282 -19432 -19432 -19432 127430967 122524418 4906549 4906549 4906549 0 0 1679546 1343838 335708 335708 Special Events Food & Beverage Sales 900099 762976 762976 Miscellaneous 900099 9342 9342 772318 23619791 1102450 129 10044727 0 0 0 0 1149062 944691 139444 64927 0 9671467 7911309 635174 1124984 445943 364980 31924 49039 1276937 1045102 91413 140422 771107 631108 55202 84797 560650 555901 2189 2560 319669 76 319593 13076 13076 0 0 93759 40342 9272 44145 2629981 2449621 59894 120466 394476 1076 393400 1840778 1799998 -41636 82416 268754 213620 20541 34593 0 2156262 2156262 545060 373551 86189 85320 0 38254 28027 3296 6931 2770583 2632054 138529 0 8399775 8150502 83091 166182 290114 281504 2870 5740 Bond Financing Expense 2190345 2190345 Investment Expense 1218695 1218695 Miscellaneous 193703 175762 14835 3106 Non-Capitalized Furniture 30000 32730 -2730 37268450 29788216 5071206 2409028 X 1947454 2678353 22970965 4990280 67654754 65746606 267430 160294 0 0 0 0 0 0 726902 557535 0 0 289254088 55013227 241022370 234240861 217508221 177821422 157441820 157418227 0 0 0 0 23408646 21171293 732948562 664784871 2124980 2131978 0 0 0 0 242800000 201395000 0 0 0 0 0 0 0 0 3491637 4496015 248416617 208022993 X 292998724 268788603 96897464 93933532 94635757 94039743 484531945 456761878 732948562 664784871 X -13648659 -14121408 X X false true true X false X 32068270 40840795 19575493 29782084 15846565 138113207 32068270 40840795 19575493 29782084 15846565 138113207 21111669 117001538 7932969 6571230 5074219 4174032 4137061 27889511 166002718 18427868 0.70482 0.62570 X In addition to the contributions reported on Form 990 Part VIII, Line 1 also includes gifts in kind of donated artwork. The donated artwork is not reported in the organization's financial statements. For purposes of calculating excess contributions, the donated artwork is treated similar to cash contributions and included on line 1. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X false 383557100 595191 -3340117 52556469 328255705 349632029 13029743 46436314 25540986 383557100 288833085 2474155 73312559 14987770 349632029 370484142 12796333 -77101223 17346167 288833085 0.73160 0.23390 0.03450 true false 0 9402838 9402838 0 264926639 50875666 214050973 0 102167 102167 0 0 14766696 4035394 10731302 0 55748 0 55748 234240861 Alternative Investments 157418227 F 157418227 0 Accrued pension obligation 3510932 Bond interest payable 985083 4496015 Text of Note to Financial Statements Schedule D, Part III, Line 1A In conformity with accounting policies generally followed by art museums, the collections that were acquired through purchases by the Board of Trustees and contributions since the inception are not recognized as assets on the combined 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 or permanently restricted net assets if the assets used to purchase the items were restricted by donors. Contributed collection items are not reflected on the combined financial statements. Proceeds from deaccessions are reflected as increases in permanently restricted net assets. Collection Schedule D, Part III, Line 4 The Museums comprehensive permanent collection spans 5,000 years and numbers nearly 34,400 objects. The Asian art collection (8,942 objects) is among the finest in the world by virtue of its size, depth and overall level of quality. The outstanding ancient art collection numbers 866 objects, with masterpieces from ancient Mesopotamia, Egypt and the classical world. The decorative arts collection contains 5,438 works, with European and American holdings. The European art collection (854 objects), while not large, is of fine quality throughout. Some of the world-class masterpieces are works by Bernardo Daddi, Petrus Christus, Jan Gossaert, Lucas Cranach, Bronzino, Caravaggio, Nicolas Poussin, Francisco de Zurbaran, Gaetano Gandolfi, and Jean-Baptiste-Simeon Chardin. The 19th-century paintings include major Impressionist and Post-Impressionist works by Monet, Van Gogh, and Cezanne. The American art department includes 617 paintings, sculptures and drawings with superb portraits by Copley, Stuart, Sargent and Eakins and landscapes by major 18th and 19th-century painters such as Cole, Church, Heade and Kensett. The modern and contemporary art collection (1,101 objects) includes important works from the early 20th century to the present, among them works by Kandinsky, Juan Gris, Robert Rauschenberg, and Willem de Kooning. The American Indian art collection of 2,260 objects is particularly strong in southwest Navajo material, and continues to grow through a bequest of a diverse assortment of 129 objects, including Sioux, Nez Perce, Hopi, Zuni, Apache and Inuit objects. The African art holdings include 305 objects, and the Museum has made an institutional commitment to develop Kansas City as a significant center for the collection and study of African art. Among the most important African works of art are a 16th-century Memorial Head of an Oba from Benin and an Asante Stool. The works on paper (prints only) total 4,323 works, including excellent examples by Rembrandt and Poussin, among others. The breadth, depth, and quality of the Museums photography collection are matched by only a small group of the largest museums in the United States. The collection (approximately 8,800 items) provides a panoramic vision of its subject, American photography, from the invention of the medium in 1839 to the present. The Museum is also home of the 20-acre Kansas City Sculpture Park which includes the largest collection of Henry Moore sculptures outside of England. Currently, 7.8% of the Museums collection is on display at any given time, with as much as 11% exhibited annually through collection rotation. Any work of art not on view is available for research, unless its condition precludes this use. In fiscal year 2012, the Museum lent 50 objects to 32 institutions. Use of Endowment Funds Schedule D, Part V, Line 4 Endowments are in place to support specific education programs, exhibitions, collections administration, acquisitions and operations. Central America and the Caribbean Investments 728688 Europe (Including Iceland and Greenland) Investments 397808 Middle East and North Africa Investments 211877 1338373 1338373 true false false false false false X X X false false false false false false false false false Julian Zugazagoitia 324596 0 0 0 0 0 0 0 6134 0 330730 0 0 0 Karen Christiansen 241898 0 0 0 0 0 35999 0 7203 0 285100 0 0 0 MISSOURI DEVELOPMENT FINANCE BOARD 431387649 606037AS8 2004-04-29 60000000 CONSTRUCT & IMPROVE MUSEUM BLDG false false false MISSOURI DEVELOPMENT FINANCE BOARD 431387649 606037BE8 2008-08-28 108500000 REFUND 2001B BONDS & IMPROVEMENTS false false false MISSOURI DEVELOPMENT FINANCE BOARD 431387649 606037CF4 2010-03-09 37239955 REFUND 2001A BONDS false false false 0 0 63709527 0 8370056 0 733679 0 0 54605792 0 0 2007 false false true true 500000 0 108327353 0 32900 0 980559 0 0 22122617 85191278 0 2012 true false true true 500000 0 37601639 0 0 0 476176 0 0 0 37125463 0 2007 false true true true false true false false 0.00000 0.00000 0.00000 true false true false false 0.00000 0.00000 0.00000 true false true false false 0.00000 0.00000 0.00000 true true true false 0 true TRANSAMER OCCIDENTAL 3.4 true true false false true false 0 true ROYAL BANK OF CANADA 1.95 true true false false false false 0 false 0 true false X SEE NOTES PROVIDED ON SCHEDULE O. 0 X 414 other X 12 470409 COST/SELLING PRICE 12 false true true Use of Third Parties to Process or Sell Noncash Contributions Schedule M, Part I, Line 32b Auction houses, or occasionally dealers, are used to sell works deaccessioned from the collections. These works include gifts and bequests as well as purchases. A curator identifies a work for possible deaccession. If the Director/CEO approves deaccessioning the work, the curator contacts auctions houses or dealers to get sale estimates. The curator recommends an auction house or dealer to the Director/CEO. The curator prepares a deaccession proposal and presents the work to the Committee on Collections (the "COC"). The COC has the authority to approve deaccessions with an estimated sale value of less than $25,000. The Board of Trustees must approve deaccessions with an estimated sale value of $25,000 or more. The Director/CEO signs the auctions house's or dealer's consignment agreement. Sale proceeds are restricted to the purchase of work in the same curatorial area. Why organization did not report revenues on Schedule M, Part I, Col C Schedule M, Part I, Line 33 Please see Schedule D, Part III, Line 1a. Description of Practices re: Documentation of Mtgs & Actions of Committees Form 990, Part VI, Question 8b The Executive Committee of the Board does not maintain minutes of their meetings. The remaining committees (Audit, Buildings and Grounds, Collections, Community Relations, Development, Finance, Investment, and Program) generate and approve minutes of their meetings. Describe the Process used by Management &/or Governing Body to Review 990 Form 990, Part VI, Question 11b Initial compilation of the information for the return is completed by the Finance Department staff with review by Director, Finance and subsequent review by the Chief Operating Officer prior to transmission to the accounting firm for return preparation. Upon receipt of completed return and review by Director, Finance the return will be provided to the Chief Executive Officer, Chief Operating Officer, Audit Committee and to all Trustees for review prior to filing. Description of Process to Monitor Transactions for Conflicts of Interest Form 990, Part VI, Question 12c The Museum developed a more detailed code of conduct and conflict of interest policy which became effective during the fiscal year ending 4/30/2012. This new policy requires the completion of a written questionnaire by each director, officer, member of a committee with board-delegated power and key employee, on an annual basis. The questionnaire addresses each individual's acknowledgement of the receipt of the code of conduct and the conflict of interest policy and their compliance with it, along with requiring responses to detailed questions relating to specific areas that could raise a conflict. Offices & Positions for Which Process was Used, & Year Process was Begun Form 990, Part VI, Question 15a & 15b The Executive Committee and the Compensation Committee of the Board of Trustees reviews the compensation and employment benefits of the Director and other senior staff members of the Museum. This same committee also reviews the scheme for compensation and benefits of all other Museum employees. A variety of salary survey information is provided by the Director, Human Resources during this process including surveys by American Association of Museum Directors, Midwest Museum Survey, Human Resource Management Association and Cultural Institution Survey. Avail of Gov Docs, Conflict of Interest Policy, & Fin Stmts to Gen Public Form 990, Part VI, Question 19 The governing documents, conflict of interest policy, and financial statements are not generally made available to the public. Oversight or Selection Process Form 990, Part XII, Question 2c The Audit Committee is responsible for engaging the audit firm and review of the draft audited financial statements before issuance. Other changes in net assets or fund balances Form 990, Part XI, Line 5 Other changes in net assets or fund balances: Unrealized losses: (10,442,733) Change in net assets due to acquisitions and dispositions of art and library collections: (1,227,522) Change in value of trusts held by others: (356,231) Pension-related changes other than net periodic pension cost : (2,094,922) ___________________ (14,121,408) SUPPLEMENTAL SCHEDULE K INFORMATION Part I, Column (f), Line B and Line C: The 2001 bonds were originally issued 12/6/2001. Part II, Column (A), Line 3: Amount is not equal to issue price due to investment earnings earned during the project period. Part II, Column (B), Line 3: Amount is not equal to issue price due to investment earnings earned during the project period. This amount does not include $500,000 of sale proceeds used to redeem bonds of the issue. Part II, Column (C), Line 3: Amount is not equal to issue price due to investment earnings earned in the escrow fund. Part II, Column (C), Line 11: Amount includes $37,075,375 of proceeds used to refund the 2001A bonds and $50,088 of unspent proceeds used to pay interest on the bonds. Part III, Line 7: The Foundation has relied on the Tax Compliance Agreement as its procedures for ensuring post-issuance compliance for the applicable bond issue. In addition, the Foundation adopted a separate Tax-Exempt Financing Compliance Procedure on August 3, 2012. Part IV, Column (B), Line 5: Proceeds in the project fund were invested beyond the 3-year temporary period; however, no excess yield liability was generated. Part IV, Column (B), Line 6: The current refunding portion of the bonds qualified for a spending exception; however, the project portion did not. Part IV, Column (C), Line 5: Proceeds were invested in a yield restricted advance refunding escrow and were spent as of 12/1/2011. HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Sarah Rowland TITLE:Chairman HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Shirley Helzberg TITLE:Trustee HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Charles S. Sosland TITLE:Trustee HOURS:1 The William Rockhill Nelson Trust 4525 Oak Street Kansas City MO 64111 440558944 MUSEUM SPPRT MO 501(C)(3) 11, Type 1 NA false Three 100 Benefitical Trusts Perpetual Trusts NA Trust 370349 15904183 1.00000 false false true false false false false false false false false false true true false true false false THE WILLIAM ROCKHILL NELSON TRUST C 1696609 FMV The William Rockhill Nelson Trust P 174881 FMV