2012-05-15T13:59:47-05:00 2011-06-30 MCGLADREY LLP 1001 LAKESIDE AVE SUITE 1400 CLEVELAND OH 441141152 990 2010-07-01 043684531 THE MALTZ MUSEUM OF JEWISH HERITAGE MALT 2165930575 2929 RICHMOND ROAD BEACHWOOD OH 44122 BARRY REIS 2165930575 2012-05-15 1 2165231900 2010 2016-02-24 21:20:13Z JUDITH A FENIGER 2929 RICHMOND ROAD BEACHWOOD OH 44122 4547878 0 X WWW.MALTZMUSEUM.ORG X 2002 OH THE MALTZ MUSEUM OF JEWISH HERITAGE IS AN AMERICAN STORY OF DIVERSITY & TOLERANCE. 27 27 15 125 0 0 1436843 3761866 138772 186279 120791 155172 26419 179152 1722825 4282469 0 0 0 0 686646 865718 0 0 176464 2021451 1886820 2708097 2752538 -985272 1529931 15652627 17869853 7027226 6939650 8625401 10930203 THE MALTZ MUSEUM OF JEWISH HERITAGE INTRODUCES VISITORS TO THE BEAUTY & DIVERSITY OF THAT HERITAGE IN THE CONTEXT OF THE AMERICAN EXPERIENCE. IT PROMOTES AN UNDERSTANDING OF JEWISH HISTORY, RELIGION & CULTURE AND BUILDS BRIDGES OF APPRECIATION, TOLERANCE & UNDERSTANDING. 0 0 1798949 74687 MUSEUM PERMANENT COLLECTION - AN AMERICAN STORY AND THE TEMPLE-TIFERETH ISRAEL GALLERY - THOUSANDS OF STUDENTS AND ADULTS VISIT THE MUSEUM EACH YEAR TO LEARN ABOUT JEWISH HISTORY AND HERITAGE, TOLERANCE AND DIVERSITY, THE HOLOCAUST, THE STATE OF ISRAEL, DEVELOPMENT OF JEWISH ORGANIZATIONS, BUSINESS AND NEIGHBORHOODS IN THE 1800 AND 1900'S AND MORE. STORIES ARE TOLD THROUGH CAPTIVATING FILMS, INTERACTIVES, DISPLAYS AND EXHIBITS, AND VISITORS FROM AROUND THE WORLD EXPERIENCE THEM THROUGH INDIVIDUAL AND GROUP VISITS, GUIDED TOURS AND PUBLIC AND PRIVATE EVENTS. THEMES OF THE EXHIBITIONS WERE CREATED IN 2005 TO DIRECTLY FULFILL THE MUSEUM'S MISSION. 157003 STOP THE HATE: YOUTH SPEAK OUT - IN ITS THIRD YEAR, THIS ESSAY CONTEST FOR 6-12 GRADERS IN A 7-COUNTY AREA ATTRACTED 1,703 ENTRIES, ENGAGED HUNDREDS OF READERS AND JUDGES, REACHED INTO SCHOOLS AND HOMES AND COMMUNITIES WITH A MESSAGE OF NON-VIOLENCE AND STUDENT INVOLVEMENT, AND BROUGHT 325 PEOPLE TO AN AWARDS CEREMONY WHERE FINALISTS READ THEIR ESSAYS. BY WRITING ABOUT HATE, DISCRIMINATION, BULLYING, PREJUDICE AND MORE, STUDENTS OFFERED THEIR IDEAS AND BECAME PART OF THE SOLUTION. THIS DIRECTLY ADDRESSES OUR MISSION OF DIVERSITY AND TOLERANCE. 121618 84167 SPECIAL EXHIBITIONS FULFILL THE MUSEUM'S MISSION BY AUGMENTING THE MESSAGES AND EDUCATIONAL OUTREACH OF THE PERMANENT COLLECTIONS. BETWEEN JULY 2010 - JUNE 2011, THE MUSEUM DISPLAYED FOUR EXHIBITIONS: WOMEN & SPIRIT: CATHOLIC SISTERS IN AMERICA, NAZI OLYMPICS: BERLIN 1936, ABOUT THE RIGHT OF BEING DIFFERENT: WORKS FROM THE PROGRESSIVE ART COLLECTION, AND WALKING TEL AVIV: PHOTOGRAPHS BY DAVID BERGHOLZ. 2077570 1 1 0 0 0 0 0 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 33 0 1 15 1 0 0 0 0 0 1 1 0 0 0 0 X 27 27 1 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 OH X JUDITH A FENIGER 2165930575 2929 RICHMOND ROAD BEACHWOOD OH 44122 MALTZ MILTON S 2.00 X X 0 0 0 MALTZ TAMAR 2.00 X X 0 0 0 BRANDON BETH WAIN 2.00 X X 0 0 0 CIMPERMAN JOE 2.00 X 0 0 0 CLARK PAUL 2.00 X 0 0 0 COHEN RONALD B 2.00 X 0 0 0 DINNER GRANT 2.00 X 0 0 0 FREIBERG LOUIS 2.00 X 0 0 0 GOLDBERG JORDAN 2.00 X 0 0 0 GOODMAN LOIS 2.00 X 0 0 0 KATZ DAVID 2.00 X 0 0 0 KRAUSE ALAN M 2.00 X 0 0 0 MARBLESTONE KEN 2.00 X 0 0 0 MILLER BARBARA 2.00 X 0 0 0 MOSS JR REVEREND DR OTIS 2.00 X 0 0 0 POLLOCK LARRY 2.00 X 0 0 0 RATNER ALBERT B 2.00 X 0 0 0 ROBINSON BARBARA 2.00 X 0 0 0 ROSENBERG ENID 2.00 X 0 0 0 SILBERMAN LEO 2.00 X 0 0 0 STERN WILLIAM B 2.00 X 0 0 0 WASSERSTROM PHIL 2.00 X 0 0 0 WEISS JUDITH 2.00 X 0 0 0 WESTLAKE PAUL 2.00 X 0 0 0 CHELM RENEE 2.00 X X 0 0 0 GRIES ROBERT D 2.00 X X 0 0 0 LIBMAN KEITH 2.00 X X 0 0 0 TERESI ADAM 40.00 X 42077 0 2478 GOMEZ JAMES O 2.00 X 0 0 0 FENIGER JUDITH 40.00 X 150000 0 6768 REIS BARRY 2.00 X 0 0 0 192077 0 9246 1 0 1 0 0 110184 336490 3315192 3761866 MUSEUM ADMISSIONS 900099 186279 186279 186279 152867 152867 92214 89909 2305 2305 2305 270749 125939 144810 144810 83903 49561 34342 34342 4282469 220621 0 299982 150000 82500 37500 30000 588831 390187 101093 97551 5158 3301 980 877 59092 37819 11227 10046 62637 40088 11901 10648 175 175 18695 18695 40075 25100 6825 8150 39702 39249 402 51 48809 17531 27660 3618 12206 12206 211533 194521 15128 1884 14376 8047 2267 4062 1005 770 235 205388 205388 922989 891629 22168 9192 18901 368 18533 EDUCATION PROGRAM EXPEN 183200 183200 EXHIBITION EXPENSES 121137 121137 BAD DEBT EXPENSE 32144 32144 BANK FEES 11342 6572 4770 MEMBERSHIP/SUBSCRIPTION 4991 3407 1434 150 152 152 2752538 2077570 498504 176464 275621 505588 331478 554706 85012 1611868 4341 26992 96409 83940 133990 109687 14516996 6054766 9052598 8462230 3020510 3311783 2643638 3125930 9030 77129 15652627 17869853 274631 403232 202166 61418 6300000 6300000 55000 175000 195429 0 7027226 6939650 X 8540389 8629431 85012 119631 2181141 8625401 10930203 15652627 17869853 X 1529931 774871 X X 0 1 1 X 0 X 3246993 1767707 1484764 1436843 3761866 11698173 3246993 1767707 1484764 1436843 3761866 11698173 5685073 6013100 212252 159038 149967 120791 155172 797220 12495393 1458665 0.48120 0.57030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 5995626 584600 657485 245292 6992419 5748781 475745 228900 5995626 6185670 -316889 120000 5748781 0.91600 0.08400 0 0 8280419 1112411 7168008 6214300 4942355 1271945 22277 22277 8462230 INVESTMENT IN FEDERATION POOLED FUNDS 3125930 F 3125930 4282469 2752538 1529931 502313 272558 774871 2304802 5033431 502313 154854 125939 783106 4250325 32144 32144 4282469 3001187 154854 125939 280793 2720394 32144 32144 2752538 PART III, LINE 1A: THE MUSEUM'S STANDING EXHIBITS ARE GENERALLY COMPRISED OF ITEMS, WHICH ARE DONATED AND/OR LOANED AT NO COST. THE MUSEUM HAS NOT CAPITALIZED ANY OF ITS COLLECTIONS. PART III, LINE 4: THE MUSEUM HOUSES THE TEMPLE-TIFERETH ISRAEL'S GALLERY, AN INTERNATIONALLY-RECOGNIZED COLLECTION OF JUDAICA. THE MUSEUM ALSO HOUSES A VARIETY OF INTERACTIVE AND EXPERIENTIAL EXHIBITS USING VARIOUS MEDIA, WHICH BRINGS REGIONAL JEWISH HISTORY TO LIFE. IT ALSO HOUSES A DISPLAY OF JUDAIC ART, RITUAL OBJECTS AND ARTIFACTS. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE MUSEUM'S ENDOWMENT CONSISTS OF BOARD DESIGNATED ENDOWMENT FUNDS AND RESTRICTED ENDOWMENT FUNDS ESTABLISHED FOR THE PURPOSE OF FINANCIALLY SUPPORTING THE MUSEUM'S MISSION. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF INTEREST RATE SWAP 272,558. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 125,939. PART XII, LINE 4B - OTHER ADJUSTMENTS: ALLOWANCE FOR UNCOLLECTED PLEDGES 32,144. PART XIII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 125,939. PART XIII, LINE 4B - OTHER ADJUSTMENTS: ALLOWANCE FOR UNCOLLECTED PLEDGES 32,144. SCHEDULE D, PART X, LINE 2: THE MUSEUM HAS ADOPTED THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE MUSEUM MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE MUSEUM, THE CONTINUED TAX-EXEMPT STATUS OF BONDS ISSUED, AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. AT JUNE 30, 2011 AND 2010, THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES. ANNIVERSARY GALA 270749 270749 125939 270749 270749 125939 125939 144810 X X X 0 0 0 0 0 0 0 0 0 FENIGER JUDITH 150000 0 0 0 0 0 0 0 6768 0 156768 0 0 0 CUYAHOGA CTY CULTURAL FACILITY REVENUE 346000817 232260AA7 2006-11-01 6300000 ACQUISITION, CONSTRUCTION, IMPROVEMENT, FURNISHING & EQUIPMENT COSTS 0 0 0 6300000 113020 6186980 2005 0 0 1 1 0 0 0 0 0 1 0 1 1 JP MORGAN 30.000000000000 0 0 0 NA 0 0 LOU FREIBERG FOR IMPROVEMENTS TO INTERIOR OF MUSEUM. PAID BACK SUBSEQUENT TO YEAR END. X 25000 25000 0 0 1 DAVID KATZ FOR IMPROVEMENTS TO INTERIOR OF MUSEUM. PAID BACK SUBSEQUENT TO YEAR END. X 30000 30000 0 0 1 JEWISH FEDERATION OF CLEVELAND TO RECONSTRUCT THE DRIVEWAY INTO THE MUSEUM X 120000 120000 0 0 1 175000 FORM 990, PART VI, SECTION A, LINE 2 MR. MILTON MALTZ, CHAIRMAN OF THE BOARD IS MARRIED TO MRS. TAMAR MALTZ, PRESIDENT, BOTH ARE ALSO TRUSTEES. MR MALTZ, MRS MALTZ AND JAMES GOMEZ ARE ALL OFFICERS AND ALSO HAVE A BUSINESS RELATIONSHIP. BARRY REIS IS AN EMPLOYEE OF THE JEWISH FEDERATION OF CLEVELAND, WHICH IS A MEMBER OF THE MUSEUM. THE MALTZ FAMILY FOUNDATION IS A SUPPORTING ORGANIZATION OF THE FEDERATION. MR. REIS IS ALSO THE TREASURER OF THE MUSEUM. FORM 990, PART VI, SECTION A, LINE 6 PURSUANT TO THE MUSEUM'S ARTICLES OF INCORPORATION AND ITS CODE OF REGULATIONS, THE MEMBERS ELECT TRUSTEES WHO APPROVE SIGNIFICANT DECISIONS ON A REGULAR BASIS. THE MEMBERS MEET ANNUALLY AND HAVE A RIGHT TO PARTICIPATE IN THE MUSEUM'S GOVERNANCE. FORM 990, PART VI, SECTION A, LINE 7A PURSUANT TO THE MUSEUM'S ARTICLES OF INCORPORATION, THERE ARE THREE CLASSES OF MEMBERS: THE MALTZ FAMILY FOUNDATION MEMBER, THE TEMPLE - TIFERETH ISRAEL MEMBER, AND THE JEWISH FEDERATION OF CLEVELAND MEMBER. THE RIGHTS OF EACH CLASS OF MEMBERS, INCLUDING THE RIGHT TO ELECT TRUSTEES, ARE DETAILED IN THE MUSEUM'S CODE OF REGULATIONS. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS HAVE THE AUTHORITY TO APPROVE THE FOLLOWING ACTIONS: LIQUIDATION OR DISSOLUTION OF THE MUSEUM; MERGER, CONSOLIDATION OR TRANSFER OF THE MUSEUM ASSETS; AND REPEAL, MODIFY AND OR AMEND THE MUSEUM'S GOVERNING DOCUMENTS. THE TRUSTEES ARE CHARGED WITH OVERSIGHT OF ALL OPERATIONAL AND FINANCIAL DECISIONS OF THE MUSEUM. THERE ARE SEVEN CLASSES OF TRUSTEES; THE FOUNDATION CLASS; THE TEMPLE CLASS; THE FEDERATION CLASS; THE AT LARGE CLASS; THE HONORARY CLASS; THE EX OFFICIO CLASS AND THE INSTITUTIONAL CLASS. THE HONORARY AND EX OFFICIO CLASSES HAVE A VOICE BUT NO VOTE, ALL OTHER CLASSES HAVE BOTH A VOICE AND A VOTE. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS DELEGATED THE REVIEW PROCESS TO THE FINANCE COMMITTEE, ADDING THAT ANY TRUSTEE IS WELCOME TO REVIEW IT BEFORE COMPLETION. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY A CONFLICT OF INTEREST QUESTIONNAIRE IS REQUIRED TO BE COMPLETED BY EVERY TRUSTEE AND OFFICER. THE RESULTS ARE THEN REVIEWED BY THE EXECUTIVE DIRECTOR AND OFFICERS FOR ANY CONFLICTS. ANY CONFLICTS ARE REPORTED AND REVIEWED WITH THE BOARD FOR RESOLUTION. FORM 990, PART VI, SECTION B, LINE 15 15A - COMPENSATION FOR THE EXECUTIVE DIRECTOR WAS ESTABLISHED BY A COMPENSATION COMMITTEE FORMED BY THE BOARD OF TRUSTEES. 15B - COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED BY MANAGEMENT AFTER AN ANNUAL PERFORMANCE REVIEW IS CONDUCTED AND MARKET CONDITIONS AND COMPARABILITY DATA ARE CONSIDERED. FORM 990, PART VI, SECTION C, LINE 19 THE MUSEUM PROVIDES ACCESS TO ITS FORM 990 UPON REQUEST. FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND BOARD ADOPTED POLICIES ARE NOT MADE AVAILABLE TO THE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 502,313. CHANGE IN VALUE OF INTEREST RATE SWAP 272,558. TOTAL TO FORM 990, PART XI, LINE 5: 774,871. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE IN THE OVERSIGHT AND SELECTION PROCESS DURING THE YEAR. ESTIMATE OF VOLUNTEERS FORM 990, PART I, LINE 6 SCHEDULES ARE MAINTAINED FOR THE WORK SCHEDULE OF EACH VOLUNTEER. THE VOLUNTEERS PROVIDE SERVICE IN THE MUSEUM STORE, VISITOR SERVICES, SPEAKERS BUREAU AND AS MEMBERS OF THE FRIENDS OF THE MALTZ MUSEUM,A GROUP THAT HELPS RAISE FUNDS AND AWARENESS THROUGH VARIOUS ACTIVITIES.