2012-11-14T16:00:32-06:00 2011-12-31 CROWE HORWATH LLP 3815 River Crossing Parkway Suite 300 Indianapolis IN 462400977 990 2011-01-01 350867985 THE CHILDREN'S MUSEUM OF INDIANAPOLIS INC CHIL 3173343322 3000 North Meridian Street Indianapolis IN 462084716 JEFFREY H PATCHEN 2012-11-12 true KENNETH J KEBER P00240883 3175698989 2011 2016-02-24 21:20:13Z JEFFREY H PATCHEN 3000 N Meridian St Indianapolis IN 462084716 133214244 false X WWW.CHILDRENSMUSEUM.ORG X 1925 IN THE MISSION OF THE CHILDREN'S MUSEUM OF INDIANAPOLIS, INC. IS TO CREATE EXTRAORDINARY LEARNING EXPERIENCES ACROSS THE ARTS, SCIENCES AND HUMANITIES THAT HAVE THE POWER TO TRANSFORM THE LIVES OF CHILDREN AND FAMILIES. 32 32 423 570 -7295 -17564 4971846 4758516 8713704 9996581 22791375 11355948 1416282 1459765 37893207 27570810 26067 36709 0 0 14375072 15185530 66828 0 1905551 17738932 18767575 32206899 33989814 5686308 -6419004 384831174 361143462 56262956 61255964 328568218 299887498 X SEE SCHEDULE O false false 19188765 36709 11078801 EDUCATIONAL ACTIVITIES, PROGRAMS AND SCHOOL TOURS - THE CHILDREN'S MUSEUM DEVELOPS EDUCATIONAL PROGRAMS AND SCHOOL TOURS FOR ALL AGES INVOLVING MUSEUM EXHIBITS AND EDUCATIONAL ACTIVITIES. 6228617 0 0 EXHIBIT DESIGN - THE CHILDREN'S MUSEUM DEVELOPS ONGOING EXHIBITS FOR THE MUSEUM GALLERIES. IN ADDITION, THE MUSEUM STAFF IMPROVE AND MAINTAIN CURRENT EXHIBITS. 922333 0 0 COLLECTIONS - THE CHILDREN'S MUSEUM OF INDIANAPOLIS BOASTS A COLLECTION OF MORE THAN 120,000 ARTIFACTS. THE COLLECTION IS A STOREHOUSE OF IDEAS AND CONCEPTS; NOT ONLY ARE THESE ARTIFACTS PATHWAYS TO THE THINKING THAT HAVE SHAPED OUR COLLECTIVE PAST, BUT ALSO TO THE NEW CONNECTIONS AND DISCOVERIES YET UNBORN IN THE MINDS OF YOUNG VISITORS. SINCE ITS FOUNDING IN 1925, THE MUSEUM HAS NURTURED THE GROWTH OF ITS COLLECTION WHICH IS DIVIDED INTO THREE DOMAINS: NATURAL WORLD DOMAIN: COLLECTIONS CONTAIN MANY REAL ITEMS, FROM DINOSAUR EGGS AND PRECIOUS GEMS TO SAUSAGE TREE PODS. MANY INTERESTING OBJECTS FROM AROUND THE WORLD ILLUSTRATE NATURAL AND PHYSICAL SCIENCE CONCEPTS. CULTURAL WORLD DOMAIN: COLLECTIONS CONTAIN FOLK TOYS, SPECIAL CLOTHES, DECORATED EVERYDAY OBJECTS AND ART BY CHILDREN AND INTERNATIONALLY-KNOWN ARTISTS. AMERICAN EXPERIENCE DOMAIN: COLLECTIONS CONTAIN OVER 39,500 AMERICAN AND AFRICAN-AMERICAN OBJECTS SPANNING ALMOST 200 YEARS. THESE ARE SEEN BY GRANDPARENTS, PARENTS AND CHILDREN IN GALLERY EXHIBITS AND EDUCATIONAL ACTIVITIES. THE COLLECTION OF THE CHILDREN'S MUSEUM IS IMPORTANT BECAUSE: ARTIFACTS TELL STORIES THAT CONNECT GENERATIONS; ARTIFACTS OFFER INSIGHT INTO THE LIVES OF PEOPLE HERE AND IN OTHER PARTS OF THE WORLD; ARTIFACTS ARE REFERENCE POINTS FOR CHILDREN TO COMPARE THEIR LIVES WITH PEOPLE THROUGH TIME AND ACROSS CULTURES; ARTIFACTS INSPIRE OUR IMAGINATION AND ENRICH OUR LIVES. 26339715 true true false false false true true false true true true false true true true false true false false true false false false true false false false true true true false false false false false false false false false false true true false false true true false false false false true 129 0 true 423 true true true false false false false true true false false false false X 32 32 false false false false false false false true true false false true true true true true true true false false IN X EDWARD A BAWEL 3173343322 3000 NORTH MERIDIAN ST Indianapolis IN 462084716 DAVID GRAY 1.00 X X 0 0 0 ELIZABETH COOKE 1.00 X X 0 0 0 JULIA L LACY 1.00 X X 0 0 0 MARIA QUINTANA 1.00 X X 0 0 0 PHILIP GENETOS 1.00 X X 0 0 0 ALISON BIRGE 1.00 X 0 0 0 AMY CONRAD WARNER 1.00 X 0 0 0 BRIAN SULLIVAN 1.00 X 0 0 0 BRYAN S SMITH 1.00 X 0 0 0 C DANIEL YATES 1.00 X 0 0 0 CORDELIA M LEWIS-BURKS 1.00 X 0 0 0 DAVID N ESKENAZI 1.00 X 0 0 0 DEBORAH WOOD 1.00 X 0 0 0 DOUGLAS DOUG ROSE 1.00 X 0 0 0 GEORGIANA PERKINS 1.00 X 0 0 0 GORDON SLACK 1.00 X 0 0 0 JAMES D JIM BREMNER 1.00 X 0 0 0 JAMIE MERISOTIS 1.00 X 0 0 0 JENNIFER SATTERFIELD-SEIGEL 1.00 X 0 0 0 JO-ANN B FELTMAN 1.00 X 0 0 0 JOHN T FEDERICI 1.00 X 0 0 0 JULIE BOOTH 1.00 X 0 0 0 KAREN ANN LLOYD 1.00 X 0 0 0 KEITH ILER 1.00 X 0 0 0 ROBERT B HEBERT 1.00 X 0 0 0 ROBERT BOB ESTES 1.00 X 0 0 0 SHEILA TRIPLETT 1.00 X 0 0 0 STEVEN P CALTRIDER 1.00 X 0 0 0 SUSAN BROOKS 1.00 X 0 0 0 SUSIE SOGARD 1.00 X 0 0 0 TERRI MANN 1.00 X 0 0 0 USHA V HECHT 1.00 X 0 0 0 YVONNE H SHAHEEN 1.00 X 0 0 0 JEFFREY PATCHEN 40.00 X 548292 0 30626 BRIAN STATZ 40.00 X 150647 0 28609 BRIAN WILLIAMS 40.00 X 172317 0 10582 EDWARD A BAWEL 40.00 X 164129 0 26432 JENNIFER PACE ROBINSON 40.00 X 151059 0 20668 LISA TOWNSEND 40.00 X 157265 0 9443 1343709 0 126360 9 false true false ECHO POINT MEDIA 407 FULTON ST INDIANAPOLIS IN 46202 MEDIA PLACEMENT 800021 F A WILHELM CONSTRUCTION CO INC PO BOX 516 INDIANAPOLIS IN 46206 CONSTRUCTION SERVICES 748042 PILLAR GROUP RISK MANAGEMENT INC 301 PENNSYLVANIA PARKWAY SUITE 100 INDIANAPOLIS IN 46280 INSURANCE BROKER 360458 MURPHY CATTON INC 115 BESSMER LANE WALTON KY 410949761 EXHIBIT FABRICATION 331760 WEBER GROUP INC 5233 PROGRESS WAY SELLERSBURG IN 47172 EXHIBIT FABRICATION 306307 11 69997 772600 478530 3437389 436739 4758516 ADMISSION RECEIPTS 900099 4776060 4776060 MEMBERSHIP AND DUES 900099 3891290 3891290 PROGRAM RECEIPTS 900099 1329231 1329231 0 0 0 0 9996581 5164135 47925 5116210 0 383219 383219 185411 240631 -55220 0 -55220 -55220 110310428 37300 103500642 655273 6809786 -617973 6191813 6191813 158295 69997 161931 -3636 -3636 0 2161425 1084957 1076468 1076468 LOCKERS 900099 26230 26230 STROLLER & WAGON RENTAL 900099 19121 19121 COAT CHECK 900099 7831 7831 5752 5752 0 0 58934 27570810 11078801 -7295 11740788 0 36709 36709 0 0 761817 289459 472358 0 11337236 8499414 1940099 897723 591786 393745 125933 72108 1663448 1328909 197915 136624 831243 620096 133800 77347 0 83839 1953 81386 500 115178 115178 0 0 882035 882035 900272 721559 76204 102509 2019846 2003356 3314 13176 1283587 892755 325428 65404 393650 96995 295480 1175 0 2010700 1662312 344426 3962 102452 70113 22226 10113 0 164667 91974 53304 19389 1875849 1875849 0 5552631 5313055 239576 342785 9922 332863 RESEARCH & DEVELOPMENT 160057 143473 854 15730 EQUIPMENT & EXHIBITIONS (NON CAP) 1762344 1752607 9737 PROGRAMS & ACTIVITIES 976958 824919 134606 17433 UNRELATED BUSINESS INCOME TAX 140725 140725 0 0 0 0 33989814 26339715 5744548 1905551 0 49248 49248 3580260 4313386 4757362 4073883 158387 101158 323192 325675 276927 374649 135291900 58931840 79019724 76360060 143894478 87487130 133841938 169438881 0 0 18929658 18619392 384831174 361143462 3950319 3930142 666629 664044 51355000 50920000 291008 5741778 56262956 61255964 X 273474366 250108771 35524525 29709400 19569327 20069327 328568218 299887498 384831174 361143462 X -6419004 -22261716 X false true true X false X 10402078 8472136 13039324 4971846 4758516 41643900 0 0 10402078 8472136 13039324 4971846 4758516 41643900 2577437 39066463 6102314 5153042 3600060 8543723 5547354 28946493 0 1759296 1680606 503860 0 3943762 0 54930 274155 98128 211477 638690 75172845 8630603 0.51970 0.54190 X OTHER INCOME, SCHEDULE A, PART II, LINE 10, DESCRIPTION - FUNDRAISING GROSS RECEIPTS, COLUMN A - 0, COLUMN B - 0, COLUMN C - 221580, COLUMN D - 43563, COLUMN E - 158295, COLUMN F - 740156; DESCRIPTION - COAT CHECK, COLUMN A - 0, COLUMN B - 38968, COLUMN C - 27084, COLUMN D - 11238, COLUMN E - 7831, COLUMN F - 85121; DESCRIPTION - STROLLER/WAGON RENTAL, COLUMN A - 0, COLUMN B - 15962, COLUMN C - 18351, COLUMN D - 19805, COLUMN E - 19121, COLUMN F - 73239; DESCRIPTION - LOCKERS, COLUMN A - 0, COLUMN B - 0, COLUMN C - 7140, COLUMN D - 23522, COLUMN E - 26230, COLUMN F - 56892;, RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 0 1 1 0 1 true 5 0 true 52485 17818041 X X false 276400122 100000 -5824259 0 15037209 0 255638654 252720324 1394937 35235902 0 12951041 0 276400122 218687356 3876168 53825149 0 22942813 725536 252720324 314531482 101426 -80551438 0 14631289 762825 218687356 0.82760 0.07850 0.09390 true false 6730178 6730178 97702772 39341461 58361311 2701440 2540643 160797 5281520 4623302 658218 22875990 12426434 10449556 76360060 0 0 U.S. GOVERNMENT MORTGAGE BACKED SECURITIES 110853 F FIXED INCOME MUTUAL FUNDS 25257587 F LIMITED PARTNERSHIPS 110051944 F PRIVATE EQUITY/VENTURE CAPITAL 32731140 F BENEFICIAL INTEREST IN INVESTMENTS HELD BY COMMUNITY FOUNDATION 1287357 F 169438881 BOND ISSUANCE COSTS 801351 COLLECTIONS 17818041 18619392 100000 ANNUITY PAYABLE LIABILITY 189124 INTEREST RATE SWAP 5452654 5741778 27570810 33989814 -6419004 -16571734 -5689982 -22261716 -28680720 5773853 -16571734 -4343188 -20914922 26688775 882035 0 882035 27570810 34454573 1346794 1346794 33107779 882035 0 882035 33989814 Conservation easements policy Schedule D, Part II, Line 5 THE CHILDREN'S MUSEM OF INDIANAPOLIS, INC. HAS A WRITTEN POLICY THAT OUTLINES THE TIMING OF SPECIFIC DUTIES NECESSARY TO MAINTAIN COMPLIANCE WITH HISTORICAL PRESERVATION GUIDELINES. Conservation easements financial reporting Schedule D, Part II, Line 9 CONSERVATION EASEMENTS ARE ACCOUNTED FOR IN THE SAME MANNER AS OTHER PROPERTY ACQUISITIONS WITH THE ADDED MEASURE OF COMPLIANCE WITH LOCAL HISTOCIAL SOCIETY REQUIREMENTS. Collections of art - description of collections Schedule D, Part III, Line 4 UNLIKE MOST MUSEUMS CREATED FOR CHILDREN, THE CHILDREN'S MUSEUM OF INDIANAPOLIS, INC. MAINTAINS A COLLECTION. IT IS THE LARGEST AND MOST COMPREHENSIVE COLLECTION OF ANY YOUTH MUSEUM IN THE WORLD, CONSISTING OF APPROXIMATELY 120,000 ARTIFACTS. THE MUSEUM COLLECTS SIGNIFICANT ARTIFACTS AND SPECIMENS TO USE IN EXHIBITIONS AND THEIR EDUCATIONAL PROGRAMS, AND PRESERVES THOSE ARTIFACTS, SPECIMENS, AND THEIR CONTEXTUAL INFORMATION FOR FUTURE GENERATIONS OF CHILDREN AND THEIR FAMILIES. COLLECTIONS ARE DIVIDED INTO THREE PRINCIPAL AREAS OF INTEREST OR DOMAINS: AMERICAN EXPERIENCE (WHICH INCLUDED A GROWING AFRICAN AMERICAN COLLECTION OF ARTIFACTS), WORLD CULTURES, AND NATURAL WORLD. Intended uses of endowment funds Schedule D, Part V, Line 4 THE CHILDREN'S MUSEUM OF INDIANAPOLIS, INC. USES THE TEMPORARILY AND PERMANENTLY RESTRICTED PORTION OF THE ENDOWMENT CONSISTENT WITH THE DONOR'S RESTRICTION. THE UNRESTRICTED PORTION OF THE ENDOWMENT IS USED TO PROVIDE A RELATIVELY PREDICTABLE, STABLE, AND IN REAL TERMS, CONSTANT STREAM OF CURRENT INCOME FOR ANNUAL OPERATING NEEDS BASED ON THE BOARD OF DIRECTORS' APPROVAL. FIN 48 (ASC 740) footnote Schedule D, Part X, Line 2 THE MUSEUM IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE (IRC) AND IS NOT CONSIDERED TO BE A PRIVATE MUSEUM. SIDNEY LLC IS A SINGLE MEMBER LLC WHOSE SINGLE MEMBER IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE IRC. TREX LLC IS A SINGLE MEMBER LLC WHOSE SINGLE MEMBER IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE IRC. THE FOLLOWING NON-INCOME TAXES WERE PAID OR REMITTED BY THE MUSEUM AND CONSOLIDATING ENTITIES IN 2011 AND 2010: PROPERTY TAXES OF $45,000 AND $50,000 AND SALES TAXES COLLECTED AND REMITTED OF $163,000 AND $163,000. AS OF DECEMBER 31, 2011 AND 2010, THE MUSEUM HAS RECORDED A TAX LIABILITY OF $100,000 IN RELATION TO UNRELATED BUSINESS INCOME TAXES. CURRENT ACCOUNTING STANDARDS REQUIRE THE MUSEUM TO DISCLOSE THE AMOUNT OF POTENTIAL BENEFIT OR OBLIGATION TO BE REALIZED AS A RESULT OF AN EXAMINATION PERFORMED BY A TAXING AUTHORITY. FOR THE YEARS ENDED DECEMBER 31, 2011 AND 2010, MANAGEMENT HAS DETERMINED THAT THE MUSEUM DOES NOT HAVE ANY TAX POSITIONS THAT RESULT IN ANY UNCERTAINTIES REGARDING THE POSSIBLE IMPACT ON THE MUSEUM'S FINANCIAL STATEMENTS. THE MUSEUM DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. THE MUSEUM IS NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR YEARS BEFORE 2008. THE MUSEUM RECOGNIZES INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. THE MUSEUM DID NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES AT DECEMBER 31, 2011 AND 2010. Other changes in net assets Schedule D, Part XI, Line 8 CHANGE IN FAIR VALUE OF INVESTMENT SWAP - -5689982; Other revenues in audited financial statements not in form 990 Schedule D, Part XII, Line 2d CHANGE IN FAIR VALUE OF INVESTMENT SWAP - -5689982; COST OF GOODS SOLD - 1084957; FUNDRAISING EXPENSES - 161931; RENTAL EXPENSES - 240631; INCREASE IN UBIT LIABILITY - -140725; Other expenses in audited financial statements not in form 990 Schedule D, Part XIII, Line 2d COST OF GOODS SOLD - 1084957; FUNDRAISING EXPENSES - 161931; RENTAL EXPENSES - 240631; INCREASE IN UBIT LIABILITY - -140725; CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 43030910 0 0 43030910 true false true true true false Method used to account for expenditures on organization's financial statements Schedule F, Part I, Line 3 CENTRAL AMERICA AND THE CARIBBEAN: ACCRUAL GALA 228292 69997 158295 0 0 0 80349 17107 64475 0 0 228292 69997 158295 0 0 0 80349 17107 64475 161931 -3636 true INTERN TUITION ASSISTANCE 40 23019 0 N/A N/A SCHOLARSHIPS 11 13690 0 N/A N/A Procedures for monitoring use of grant funds Schedule I, Part I, Line 2 THE CHILDREN'S MUSEUM OF INDIANAPOLIS, INC. AWARDS SCHOLARSHIPS TO SEVERAL INDIVIDUALS THROUGHOUT THE YEAR. AN INDEPENDENT COMMITTEE REVIEWS ALL SCHOLARSHIP APPLICATIONS AND SELECTS THE RECIPIENTS. EMPLOYEES OF THE CHILDREN'S MUSEUM OF INDIANAPOLIS, INC. AND THEIR FAMILIES ARE INELIGIBLE TO RECEIVE SCHOLARSHIPS. ONCE THE RECIPIENTS ARE CHOSEN, THE ORGANIZATION MONITORS THE USE OF GRANT FUNDS BY PAYING SCHOLARSHIPS DIRECTLY TO THE RECIPIENTS' EDUCATIONAL INSTITUTIONS OF CHOICE. X X X X X X false true false false false false false false false LISA TOWNSEND 156113 0 600 0 552 0 4561 0 4882 0 166708 0 0 0 BRIAN WILLIAMS 171357 0 600 0 360 0 9114 0 1468 0 182899 0 0 0 EDWARD A BAWEL 162977 0 600 0 552 0 9833 0 16599 0 190561 0 0 0 JEFFREY PATCHEN 470406 0 67000 0 10886 0 13800 0 16826 0 578918 0 0 0 JENNIFER PACE ROBINSON 150219 0 600 0 240 0 5200 0 15468 0 171727 0 0 0 BRIAN STATZ 149807 0 600 0 240 0 5300 0 23309 0 179256 0 0 0 Supplemental nonqualified retirement plan Schedule J, Part I, Line 4b THE ORGANIZATION HAS A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN FOR JEFFREY PATCHEN (PRESIDENT), HOWEVER THERE WERE NO CONTRIBUTIONS MADE TO THE PLAN DURING 2011. THE INDIANA FINANCE AUTHORITY 351602316 455057NH8 2008-05-14 20493266 TO CONSTRUCT/RENOVATE EXHIBITS AND TO REFUND 10/11/1995 BONDS false false false INDIANA DEVELOPMENT FINANCE AUTHORITY 351602316 45504REB8 2003-07-30 32000000 TO CONSTRUCT PARKING GARAGE false false false 1795000 0 20547852 0 0 0 238713 0 0 5054586 15254553 0 2009 true false true true 0 0 32314103 0 1054079 0 295000 115978 0 30849046 0 0 2004 false false true true false false false false 0.0000 0.0000 0.0000 true false false false false 0.0000 0.0000 0.0000 true false false false 0.0 false 0.0 false false false true true PNC BANK 23.0 false false false NA 0.0 false false X TOTAL PROCEEDS OF ISSUE PART II, LINE 3 2008 ISSUE: GROSS PROCEEDS = 20,493,266 INVESTMENT EARNINGS = 54,586 2003 ISSUE: GROSS PROCEEDS = 32,000,000 INVESTMENT EARNINGS = 314,103 Procedures to take corrective action Schedule K, Part V THE FINANCE COMMITTEE OF THE BOARD REVIEWS THE BOND REQUIREMENT FILINGS ANNUALLY TO ENSURE ALL BOND REQUIREMENTS ARE MET. X 473 52485 OPINIONS OF EXPERTS X 32 159369 MARKET VALUE X 1 51600 COST X EQUIPMENT/SUPPLIES/STORAGE 7 121824 MARKET VALUE X ADVERTISING 2 24373 MARKET VALUE X MISCELLANEOUS ITEMS 34 27088 MARKET VALUE 0 false true true Third parties used to solicit, process, or sell noncash contributions Schedule M, Part I, Line 32b THE CHILDREN'S MUSEUM OF INDIANAPOLIS, INC. USES AN ONLINE AUCTION ORGANIZATION TO SELL COLLECTIONS. HOWEVER, COLLECTIONS ARE TYPICALLY USED OR DISPLAYED BY THE MUSEUM FOR A PERIOD OF TIME AFTER RECEIPT AND ARE SOLD ONLY AFTER THEIR USE IN THE MUSEUM DISPLAYS. Number of contributions or items contributed. Schedule M, part I, column (b), Line 9 Number of contributions or items contributed. Schedule M, part I, column (b), Line 2 Number of contributions or items contributed. Schedule M, part I, column (b), Line 19 Number of contributions or items contributed. Schedule M, part I, column (b), Line other=EQUIPMENT/SUPPLIES/STORAGE ORGANIZATION'S MISSION FORM 990, PART III, LINE 1 THE CHILDREN'S MUSEUM OF INDIANAPOLIS (THE "MUSEUM"), THE LARGEST CHILDREN'S MUSEUM IN THE WORLD, WAS INCORPORATED IN THE STATE OF INDIANA ON DECEMBER 22, 1925, STATING AS ITS PURPOSE: "TO OPERATE A CHILDREN'S MUSEUM." THE MUSEUM OPENED TO THE PUBLIC IN JANUARY, 1926 AND CURRENTLY ATTRACTS OVER 1,000,000 VISITORS A YEAR. THE MUSEUM IS A PUBLIC MUSEUM OFFERING A BROAD SPECTRUM OF EDUCATIONAL OPPORTUNITIES AND INTERACTIVE FAMILY LEARNING EXPERIENCES TO A DIVERSE AUDIENCE THAT INCLUDES CHILDREN OF ALL AGES, ADULTS, FAMILIES, INDIVIDUALS WITH DISABILITIES, CITIZENS 65 YEARS AND OLDER, TOURISTS, NEIGHBORS, STUDENTS, AND THEIR TEACHERS. THROUGHOUT ITS ENTIRE HISTORY, THE MUSEUM HAS CONTINUED TO DEVELOP INNOVATIVE METHODS TO PROVIDE TRULY EXTRAORDINARY FAMILY LEARNING EXPERIENCES. THE MUSEUM'S EXHIBITION PROGRAM IS A BLEND OF MAJOR, "PERMANENT" FAMILY LEARNING EXHIBITIONS, WITH A PROJECTED "LIFE EXPECTANCY" OF 10-15 YEARS; SPECIAL, TEMPORARY EXHIBITS THE MUSEUM RENTS OR PRODUCES FOR AN AVERAGE PERIOD OF APPROXIMATELY FOUR OR FIVE MONTHS; AND INTERNATIONAL TRAVELING EXHIBITS PRODUCED FOR OTHER MUSEUMS. EDUCATIONAL PROGRAMS AT THE MUSEUM ARE DESIGNED TO RELATE TO, COMPLEMENT, AND DEVELOP THEMES PRESENTED IN PERMANENT, TEMPORARY, AND SPECIAL EXHIBITS; AND TO PROMOTE THE DEVELOPMENTAL NEEDS OF CHILDREN AND THEIR FAMILIES. THE MUSEUM OFFERS MORE THAN 4,000 EDUCATIONAL CLASSES, PROGRAMS, AND ACTIVITIES THROUGHOUT THE YEAR THAT EXTEND AND DEVELOP EXHIBIT THEMES. UNLIKE MOST MUSEUMS CREATED FOR CHILDREN, THE MUSEUM MAINTAINS A COLLECTION. IT IS THE LARGEST AND MOST COMPREHENSIVE COLLECTION OF ANY YOUTH MUSEUM IN THE WORLD, CONSISTING OF APPROXIMATELY 110,000 ARTIFACTS. THE MUSEUM COLLECTS SIGNIFICANT ARTIFACTS AND SPECIMENS TO USE IN EXHIBITIONS AND THEIR EDUCATIONAL PROGRAMS, AND PRESERVES THOSE ARTIFACTS, SPECIMENS, AND THEIR CONTEXTUAL INFORMATION FOR FUTURE GENERATIONS OF CHILDREN AND THEIR FAMILIES. COLLECTIONS ARE DIVIDED INTO THREE PRINCIPAL AREAS OF INTEREST OR "DOMAINS": AMERICAN EXPERIENCE (WHICH INCLUDES A GROWING AFRICAN AMERICAN COLLECTION OF ARTIFACTS), WORLD CULTURES, AND NATURAL WORLD. Delegate broad authority to a committee Form 990, Part VI, Section A, Line 1a THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES IS COMPRISED OF MEMBERS OF THE BOARD, AND DOES NOT INCLUDE INDIVIDUALS WHO ARE NOT ON THE BOARD. THE EXECUTIVE COMMITTEE MAY EXERCISE ALL OF THE POWERS OF THE BOARD OF TRUSTEES IN THE GOVERNANCE OF THE MUSEUM DURING INTERVALS BETWEEN MEETINGS OF THE BOARD OF TRUSTEES AND SUBJECT TO SUCH LIMITATIONS AS MAY BE REQUIRED BY LAW OR BY RESOLUTION OF THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES MAY, AT ITS DISCRETION, RESCIND THE ACTS OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE MAY ALSO FROM TIME TO TIME FORMULATE AND RECOMMEND TO THE BOARD OF TRUSTEES POLICIES REGARDING THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE MUSEUM. Review of form 990 by governing body Form 990, Part VI, Section B, Line 11b THE FORM 990 IS REVIEWED IN DETAIL BY THE EXECUTIVE COMMITTEE. AFTER ANY QUESTIONS/CHANGES ARE ADDRESSED, THE FORM 990 IS DISTRIBUTED VIA EMAIL TO EVERY MEMBER OF THE GOVERNING BODY BEFORE IT IS FILED WITH THE IRS. Conflict of interest policy Form 990, Part VI, Section B, Line 12c A CONFLICT OF INTEREST POLICY IS IN PLACE THAT APPLIES TO ALL TRUSTEES, DISTINGUISHED ADVISORS, HONORARY TRUSTEES, COMMITTEE MEMBERS, EMPLOYEES AND VOLUNTEERS. A CONFLICT OF INTEREST STATEMENT IS SIGNED ANNUALLY BY TRUSTEES, DISTINGUISHED ADVISORS, HONORARY TRUSTEES, COMMITTEE MEMBERS, AND UPPER MANAGEMENT EMPLOYEES. ONCE THE CONFLICT OF INTEREST STATEMENTS ARE SIGNED, THEY ARE REVIEWED BY IN-HOUSE LEGAL COUNSEL FOR POTENTIAL OR ACTUAL CONFLICTS OF INTEREST. AT ALL TIMES, ALL PERSONS WHO HAVE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST ARE REQUIRED TO DISCLOSE IT - TRUSTEES, DISTINGUISHED ADVISORS, HONORARY TRUSTEES AND COMMITTEE MEMBERS MAKE SUCH DISCLOSURE TO THE BOARD OF TRUSTEES; EMPLOYEES AND VOLUNTEERS MAKE SUCH DISCLOSURE TO THE VP OF HUMAN RESOURCES, WHO THEN CONTACTS THE MUSEUM'S CEO AND THE BOARD CHAIR. BEFORE ANY TRANSACTION INVOLVING A POTENTIAL CONFLICT OF INTEREST MAY OCCUR, THE BOARD OF TRUSTEES IS REQUIRED TO DETERMINE WHETHER AN ACTUAL CONFLICT OF INTEREST EXISTS AND, IF SO, WHETHER A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS REASONABLY ATTAINABLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, AND WHETHER THE PROPOSED TRANSACTION IS IN THE MUSEUM'S BEST INTEREST, IS FOR THE MUSEUM'S OWN BENEFIT, AND IS FAIR AND REASONABLE. THE INTERESTED PERSON MAY NOT PARTICIPATE IN THE BOARD'S DISCUSSION OR DECISION REGARDING THE POTENTIAL CONFLICT. CONFLICTS OF INTEREST DISCOVERED ONCE A TRANSACTION IS IN PROCESS WILL BE ADDRESSED BY THE BOARD AS SOON AS POSSIBLE, AND THE INTERESTED PERSON MAY BE SUBJECT TO DISCIPLINE, INCLUDING TERMINATION, FOR FAILURE TO DISCLOSE THE CONFLICT IN A TIMELY MANNER. Process used to establish compensation of top management official Form 990, Part VI, Section B, Line 15a THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES RETAINED AN EXTERNAL FIRM TO CONDUCT A COMPENSATION MARKET ANALYSIS OF THE CEO'S TOTAL COMPENSATION IN 2010. THIS PROCESS INVOLVED, A REVIEW OF THE EXECUTIVE'S CURRENT COMPENSATION AND RESPONSIBILITIES, DETERMINATION OF A SPECIFIC MARKETPLACE OF COMPARATIVE ORGANIZATIONS, IN-DEPTH MARKET ANALYSIS OF THE COMPARABLE PEER GROUP AND FINALLY, SPECIFIC DATA DRIVEN RECOMMENDATIONS FOR BOTH BASE AND VARIABLE PAY FOR THE CEO POSITION. THE COMMITTEE REVIEWED THESE RECOMMENDATIONS AND OTHER COMPARATIVE DATA TO SUBSEQUENTLY, ENGAGE LEGAL COUNSEL TO CREATE AN EMPLOYMENT CONTRACT. THIS PROCESS BEGAN IN 2010 AND CONCLUDED IN 2011. PROCESS USED TO ESTABLISH COMPENSATION OF OTHER OFFICERS/KEY EMPLOYEES FORM 990, PART VI, LINE 15B THE COMPENSATION OF THE OTHER OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION IS DETERMINED BY THE HUMAN RESOURCES DEPARTMENT WITH INPUT FROM THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES AND FINAL APPROVAL FROM THE PRESIDENT/CEO. COMPENSATION DETERMINATIONS ARE BASED ON THE ANALYSIS OF: MARKET DATA, INTERNAL EQUITY, INPUT FROM PROFESSIONAL COMPENSATION CONSULTANTS AND JOB RESPONSIBILITY ANALYSIS. THE SENIOR LEVEL AND DIRECTOR LEVEL COMPENSATION RATES WERE ANALYZED IN 2011. Governing documents, conflict of interest policy and financial statements available to the public Form 990, Part VI, Section C, Line 19 THE CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Other changes in net assets or fund balances Form 990, Part XI, Line 5 NET UNREALIZED GAINS (LOSSES) ON INVESTMENTS - -16571734; CHANGE IN FAIR VALUE OF INTEREST SWAP - -5689982; SIDNEY ENTERPRISES LLC 3000 N MERIDIAN ST INDIANAPOLIS IN 46208 350867985 PROPERTY DEVELOPMENT & RENOVATION IN 0 2005302 THE CHILDREN'S MUSEUM OF INDIANAPOLIS INC TREX ENTERPRISES LLC 3000 NORTH MERIDIAN STREET INDIANAPOLIS IN 46208 453931834 PROPERTY HOLDING & MAINTENANCE IN 0 0 THE CHILDREN'S MUSEUM OF INDIANAPOLIS INC THE CHILDREN'S MUSEUM GUILD INC 3000 N MERIDIAN ST INDIANAPOLIS IN 46208 310931317 SUPPORT MUSEUM IN 501(C)(3) Type II NA false CHARITABLE REMAINDER UNITRUST (1) CRUT IN NA TRUST false false true false false false false false false false false true true true true true false false