2012-05-01T17:11:17-05:00 2011-06-30 CLARK NUBER PS 10900 NE 4TH STREET SUITE 1700 BELLEVUE WA 98004 990 2010-07-01 910640788 SEATTLE ART MUSEUM SEAT 2066258900 1300 FIRST AVENUE SEATTLE WA 981012003 ROBERT CUNDALL 2066258900 2012-05-01 1 JANE M SEARING 4254544919 2010 2016-02-24 21:20:13Z CHARLES WRIGHT 1300 FIRST AVENUE SEATTLE WA 981012003 79291427 0 X WWW.SEATTLEARTMUSEUM.ORG X 1917 WA TO PROMOTE AND CULTIVATE THE FINE ARTS. 70 70 361 664 495576 -11524 10703035 22083671 3280420 7007833 432649 9461247 -3249596 2165281 11166508 40718032 0 0 0 0 11543671 10361833 35000 46825 2176700 18583689 25669848 30162360 36078506 -18995852 4639526 280227972 285662864 34268336 25014893 245959636 260647971 X THE SEATTLE ART MUSEUM IS FORMED TO PROMOTE AND CULTIVATE THE VISUAL ARTS, PARTICULARLY FOCUSED ON ASIAN, AFRICAN, AMERICAN, CONTEMPORARY, DECORATIVE, EUROPEAN, MODERN, NATIVE AMERICAN, AND OCEANIC ART. TO THAT END, THE MUSEUM MAINTAINS ART ROOMS AND BUILDINGS, AN OUTDOOR SCULPTURE PARK, AND AN ART LIBRARY. IN THESE FACILITIES THE MUSEUM PROVIDES ART EDUCATION, EXHIBITS, PAINTINGS, SCULPTURES AND OTHER WORKS OF ART, PROVIDES LECTURES, AND GENERALLY FOSTERS ART IN ALL OF ITS BRANCHES. 0 0 21297851 7665211 MUSEUM SERVICES: PROVIDING A PUBLIC ART MUSEUM INCLUDING THE ACCESSION OF ART OBJECTS AS WELL AS PUBLIC ART EXHIBITIONS AND ART EDUCATION FOR THE GENERAL PUBLIC. MUSEUM PATRONS VISITED 1,022,779 TIMES THIS YEAR. 21297851 1 1 0 1 0 0 1 0 1 1 1 0 1 1 0 0 1 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 1 244 0 1 361 1 1 1 0 0 0 0 1 1 0 0 0 0 X 70 70 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 WA X ROBERT CUNDALL 2066543150 1300 FIRST AVENUE SEATTLE WA 98101 CHARLES WRIGHT 1.00 X X 0 0 0 MAGGIE WALKER 1.00 X X 0 0 0 JON SHIRLEY 1.00 X X 0 0 0 SUSAN BROTMAN 1.00 X X 0 0 0 JOHN FRANK 1.00 X X 0 0 0 WINIFRED STRATTON 1.00 X X 0 0 0 ROBERT STRONG 1.00 X X 0 0 0 EVE ALVORD 1.00 X 0 0 0 FRANK BAYLEY 1.00 X 0 0 0 WATSON BLAIR 1.00 X 0 0 0 JEFF BROTMAN 1.00 X 0 0 0 CLIFF BURROWS 1.00 X 0 0 0 MICHAEL CORLISS 1.00 X 0 0 0 BARNEY EBSWORTH 1.00 X 0 0 0 PAMELA EBSWORTH 1.00 X 0 0 0 SHEILA EDWARDS LANGE 1.00 X 0 0 0 ALEX FRIEDMAN 1.00 X 0 0 0 DANIEL FRIEDMAND 1.00 X 0 0 0 JOSE GAITAN 1.00 X 0 0 0 GARY GLANT 1.00 X 0 0 0 MARK GROUDINE 1.00 X 0 0 0 LYN GRINSTEIN 1.00 X 0 0 0 AYA HAMILTON 1.00 X 0 0 0 BETTY HEDREEN 1.00 X 0 0 0 SUSAN HUTCHISON 1.00 X 0 0 0 PHILIP ISLES 1.00 X 0 0 0 HENRY JAMES 1.00 X 0 0 0 ROBERT KAPLAN 1.00 X 0 0 0 SYLVIA KETCHAM 1.00 X 0 0 0 LINDA KILLINGER 1.00 X 0 0 0 TOME KUNDIG 1.00 X 0 0 0 AFSHAN LAKHA 1.00 X 0 0 0 STEWART LANDEFELD 1.00 X 0 0 0 CHARLENE LEE 1.00 X 0 0 0 CARLA LEWIS 1.00 X 0 0 0 KEITH LOVELESS 1.00 X 0 0 0 SANDRA MADRID 1.00 X 0 0 0 GWEN MCCAW 1.00 X 0 0 0 HERMAN MCKINNEY 1.00 X 0 0 0 HEATHER MCQUARRIE 1.00 X 0 0 0 JOHN MOGA 1.00 X 0 0 0 SCOTT MORRIS 1.00 X 0 0 0 CHRISTINE NICOLOV 1.00 X 0 0 0 CHARLES NOLAN 1.00 X 0 0 0 DOUG NORBERG 1.00 X 0 0 0 SALLY B NORDSTROM 1.00 X 0 0 0 DENNIS O'DONOGHUE 1.00 X 0 0 0 MICHAEL PARHAM 1.00 X 0 0 0 BROOKS G RAGEN 1.00 X 0 0 0 SCOTT REDMAN 1.00 X 0 0 0 CONSTANCE W RICE 1.00 X 0 0 0 ELIZABETH ROBERTS 1.00 X 0 0 0 STERLING SANKEY 1.00 X 0 0 0 FAYE SARKOWSKY 1.00 X 0 0 0 STANLEY SAVAGE 1.00 X 0 0 0 ROBERTA SHERMAN 1.00 X 0 0 0 GURSHARAN SIDHU 1.00 X 0 0 0 PRESTON SINGLETARY 1.00 X 0 0 0 GREG SMITH 1.00 X 0 0 0 RUTH TAIN DOMAN 1.00 X 0 0 0 INA TATEUCHI 1.00 X 0 0 0 ANDREA THORESON 1.00 X 0 0 0 GERRY TSUTAKAWA 1.00 X 0 0 0 BRIAN WINEKE 1.00 X 0 0 0 CURTIS WONG 1.00 X 0 0 0 VIRGINIA WRIGHT 1.00 X 0 0 0 ANN P WYCKOFF 1.00 X 0 0 0 MARTHA WYCKOFF 1.00 X 0 0 0 MARGARET ALLISON 1.00 X 0 0 0 JEFF GREENSTEIN 1.00 X 0 0 0 VICKI GRIFFIN 1.00 X 0 0 0 JANEY KETCHAM 1.00 X 0 0 0 NAJMA LALJI 1.00 X 0 0 0 CHRISTINA LOCKWOOD 1.00 X 0 0 0 BARBARA MALONE 1.00 X 0 0 0 LINDA NORDSTROM 1.00 X 0 0 0 WALTER BEAUMONT 1.00 X 0 0 0 ELIZABETH GESSEL 1.00 X 0 0 0 DERRICK CARTWRIGHT 40.00 X 320390 0 8669 ROBERT CUNDALL 40.00 X 174004 0 20757 MARYANN JORDAN 40.00 X 174921 0 21894 CHIYO ISHIKAWA 40.00 X 107639 0 14738 JENNIFER AYDELOTT 40.00 X 105027 0 14391 SANDRA JACKSON DUMONT 40.00 X 100280 0 4535 982261 0 84984 6 0 1 0 WASHINGTON PARTNERS INC 701 PIKE STREET STE 1650 SEATTLE WA 98101 RENTAL BROKERAGE 2183723 GUARDSMARK FILE 6498 LOS ANGELES CA 90074 SECURITY 589166 PINE STREET GROUP LLC 1500 FOURTH AVENUE SUITE 600 SEATTLE WA 98101 REAL ESTATE DEVELOPMENT 199278 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4250649 PART III, LINE 1A: ART OBJECTS ARE EXPENSED WHEN PURCHASED AND THEREFORE NOT SHOWN AS ASSETS ON THE BALANCE SHEET. ART OBJECTS PLEDGED OR DONATED TO THE MUSEUM ARE NOT RECORDED FOR FINANCIAL ACCOUNTING PURPOSES AND, ACCORDINGLY, ARE NOT INCLUDED AS CONTRIBUTED REVENUE IN THE STATEMENT OF ACTIVITIES OR AS RECEIVABLE ON THE BALANCE SHEET. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED IN THE STATEMENT OF ACTIVITIES BASED ON THE EXISTENCE AND NATURE OF DONOR-IMPOSED RESTRICTIONS. PART III, LINE 4: THE MUSEUM'S COLLECTION OF PAINTINGS, SCULPTURES AND OTHER WORKS OF ART PROMOTE AND CULTIVATE THE FINE ARTS THROUGH PUBLIC EXHIBITION, EDUCATIONAL PROGRAMMING AND SCHOLARLY RESEARCH. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: TO SUPPORT EXHIBITIONS, ART EDUCATION, ART ACQUISITIONS AND GENERAL OPERATIONS. X X X X X X X 1 LUKENS COMPANY 2800 SHIRLINGTON ROAD 9TH FLOOR ARLINGTON VA 22206 DIRECT MAIL FOR MEMBERSHIP 0 1252824 46825 1205999 DONOR SERVICES GROUP 6715 SUNSET BLVD LOS ANGELES CA 90028 TELEMARKETING 0 71000 37630 33370 1323824 84455 1239369 WA BOARD GALA 196163 167163 29000 32461 PARTY IN THE PARK 163974 114874 49100 147537 4 290043 200843 89200 56664 650180 482880 167300 236662 236662 -69362 X X 0 0 0 0 0 0 0 0 0 DERRICK CARTWRIGHT 320390 0 0 0 0 0 3383 0 5286 0 329059 0 0 0 ROBERT CUNDALL 174004 0 0 0 0 0 15654 0 5103 0 194761 0 0 0 MARYANN JORDAN 174921 0 0 0 0 0 16709 0 5185 0 196815 0 0 0 WA STATE HOUSING FINANCE COMMISSION 911874730 93978LCQ7 2005-10-06 50000000 MUSEUM EXPANSION & CONSTRUCTION 0 0 0 38400000 51569678 448088 325812 50793267 2007 0 0 1 1 1 0 0 0 1 1 0 1 0 1 TRANSAMERICA 1.100000000000 1 0 0 JEFFREY BROTMAN TRUSTEE 188140 JEFFREY BROTMAN, BOARD MEMBER FOR SEATTLE ART MUSEUM, IS THE CHAIRMAN OF COSTCO WHOLESALE CORPORATION. SEATTLE ART MUSEUM SOLD MUSEUM GIFT CARDS TO COSTCO WHOLESALE CORPORATION. 0 JEFFREY BROTMAN TRUSTEE 18014 JEFFREY BROTMAN, BOARD MEMBER FOR SEATTLE ART MUSEUM, IS THE CHAIRMAN OF COSTCO WHOLESALE CORPORATION. SEATTLE ART MUSEUM PURCHASED GOODS FROM COSTCO WHOLESALE CORPORATION. 0 STANLEY SAVAGE TRUSTEE 172639 STANLEY SAVAGE, BOARD MEMBER FOR SEATTLE ART MUSEUM, IS THE PRESIDENT AND CEO OF THE COMMERCE BANK OF WASHINGTON. SEATTLE ART MUSEUM MAINTAINS A LINE OF CREDIT WITH THE COMMERCE BANK OF WASHINGTON WITH A BALANCE OF $3,750,000. THE TERMS OF THE LINE OF CREDIT ARE SUBSTANTIALLY SIMILAR TO TERMS OFFERED TO OTHER COMMERCE BANK CUSTOMERS. 0 X 84 0 N/A X 162 0 N/A X 46 1285124 FMV X 263 0 N/A X MISCELLANEOUS 1370 COST 8 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS IN COLUMN (B) REPRESENTS THE NUMBER OF ITEMS RECEIVED. NON REPORTING OF REVENUE: PART I, LINE 33: NO REVENUE REPORTED PER SFAS 116. ART OBJECTS ARE EXPENSED WHEN PURCHASED AND THEREFORE ARE NOT SHOWN AS ASSETS ON THE BALANCE SHEET. ART OBJECTS PLEDGED OR DONATED TO THE MUSEUM ARE NOT RECORDED FOR FINANCIAL ACCOUNTING PURPOSES AND, ACCORDINGLY, ARE NOT INCLUDED AS CONTRIBUTED REVENUE IN THE STATEMENT OF ACTIVITIES OR AS RECEIVABLES ON THE BALANCE SHEET. FORM 990, PART I, LINE 6: VOLUNTEERS PROVIDE CUSTOMER SERVICE, SUPPORTING ADMINISTRATIVE TASKS AND WORK WITH SPECIFIC AUDIENCES TO FACILITATE ART EXPERIENCES. ALL BOARD MEMBERS ARE ALSO VOLUNTEERS. FORM 990, PART VI, SECTION A, LINE 2 ROBERT STRONG AND BROOKS RAGEN HAVE A BUSINESS RELATIONSHIP. SUSAN BROTMAN AND JEFFREY BROTMAN HAVE A FAMILY RELATIONSHIP. VICKI GRIFFIN AND ANDREA THORESON HAVE A FAMILY RELATIONSHIP. VIRGINIA WRIGHT AND CHARLES WRIGHT HAVE A FAMILY RELATIONSHIP. ANN WYCKOFF AND MARTHA WYCKOFF HAVE A FAMILY RELATIONSHIP. JANET KETCHAM AND SYLVIA KETCHAM HAVE A FAMILY RELATIONSHIP. LINDA NORDSTROM AND SALLY NORDSTROM HAVE A FAMILY RELATIONSHIP. BROOKS RAGEN AND JON SHIRLEY HAVE A BUSINESS RELATIONSHIP. MICHAEL CORLISS AND DOUG NORBERG HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 4 DURING THE 2011 FISCAL YEAR THE MUSEUM RESTATED ITS ARTICLES OF INCORPORATION AND AMENDED ITS BYLAWS. MAJOR CHANGES INCLUDED THE REMOVAL OF AN OFFICIAL MEMBERSHIP OF THE ORGANIZATION UNLESS DESIGNATED BY THE BOARD. THE ORGANIZATION NO LONGER HAS MEMBERS WITH ANY VOTING RIGHTS OR PARTICIPATION IN GOVERNANCE. FORM 990, PART VI, SECTION B, LINE 11 THE MUSEUM'S BOARD HAS ENTRUSTED THE AUDIT COMMITTEE WITH REVIEWING THE DRAFT FORM 990 IN DETAIL. THE AUDIT COMMITTEE MAKES RECOMMENDATIONS FOR CHANGES OR APPROVAL TO THE WHOLE BOARD. THE ENTIRE BOARD VOTES TO APPROVE THE 990 BEFORE IT FILED WITH THE IRS. DUE TO THE SIZE AND COMPLEXITY OF THE ORGANIZATION'S BOARD, A COPY OF THE RETURN IS NOT PROVIDED TO EACH BOARD MEMBER BEFORE FILING, HOWEVER EACH BOARD MEMBER IS NOTIFIED THAT HE OR SHE CAN REVIEW A COPY OF THE RETURN IF INTERESTED. FORM 990, PART VI, SECTION B, LINE 12C THE ANNUAL QUESTIONNAIRE IS DISTRIBUTED TO BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES. CONFLICTS WILL BE EXAMINED BY THE BOARD'S EXECUTIVE COMMITTEE IN CONJUNCTION WITH THE MUSEUM'S SENIOR MANAGEMENT. BOARD MEMBERS WITH A CONFLICT RECUSE THEMSELVES FROM DISCUSSION AND VOTING ON THE CONFLICTED MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE MUSEUM'S COMPENSATION COMMITTEE, A SUBSET OF THE BOARD OF DIRECTORS, IS RESPONSIBLE FOR THE SETTING OF AND ANNUAL REVIEW OF THE EXECUTIVE DIRECTOR'S COMPENSATION. THE ANNUAL BUDGET INCLUDING THIS ARRANGEMENT IS THEN APPROVED BY THE ENTIRE BOARD BASED ON RECOMMENDATIONS FROM THE EXECUTIVE COMMITTEE. THERE IS CONTEMPORANEOUS SUBSTANTIATION OF THIS DELIBERATION AND DECISION. THE EXECUTIVE DIRECTOR'S COMPENSATION WAS LAST REVIEWED IN JULY 2009. THE EXECUTIVE DIRECTOR IN CONJUNCTION WITH BOARD OFFICERS DETERMINE THE SALARY FOR THE CHIEF OPERATING OFFICER AND VICE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 8 THE MUSEUM MAINTAINS A DEFINED BENEFIT PENSION PLAN WHOSE VALUE IS ADJUSTED ANNUALLY TO REFLECT ACTUARIAL VALUES. FOR THE YEAR ENDED JUNE 30, 2011, THIS ADJUSTMENT RESULTED IN A NEGATIVE PENSION EXPENSE FOR FINANCIAL STATEMENT PURPOSES. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 10,048,809. SEATTLE ART MUSEUM FOUNDATION 1300 FIRST AVENUE SEATTLE WA 98101 911564155 MAINTAINS ENDOWMENT ASSETS WA 501(C)(3) 11B SEATTLE ART MUSEUM 1 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 SEATTLE ART MUSUEM FOUNDATION C 290301 CASH VALUE