DAYTON ART INSTITUTE: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: DAYTON ART INSTITUTE (EIN 31-0537480)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-08-15
IRS object ID: 201132279349300143
Schema version: 2010v3.4
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule G
Schedule K
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-08-15T08:54:54-05:00	Timestamp
Tax Period End Date	2010-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CLARK SCHAEFER HACKETT & CO	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	40 N MAIN ST STE 800 KETTERING TOWE	AddressLine1
City	DAYTON	City
State	OH	State
ZIP Code	45423	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	310537480	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	THE DAYTON ART INSTITUTE	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	DAYT	NameControl
Phone	9372235277	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	456 BELMONTE PARK NORTH	AddressLine1
City	DAYTON	City
State	OH	State
ZIP Code	454054700	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	DAVID R STACY	Name
Title	DIRECTOR OF OPS/CFO	Title
Phone	9372235277	Phone
Date Signed	2011-08-11	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	KEVIN T DAVIS CPA	Name
Phone	9372260070	Phone
Date Prepared	2011-08-09	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	JANICE T DRIESBACH	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	456 BELMONTE PARK NORTH	AddressLine1
City	DAYTON	City
State	OH	State
ZIP Code	454054700	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	11471954	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.DAYTONARTINSTITUTE.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1919	YearFormation
State Legal Domicile	OH	StateLegalDomicile
Activity Or Mission Description	CREATING MEANINGFUL EXPERIENCES WITH ART	ActivityOrMissionDescription
Nbr Voting Members Governing Body	18	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	18	NbrIndependentVotingMembers
Total Nbr Employees	84	TotalNbrEmployees
Total Nbr Volunteers	384	TotalNbrVolunteers
Total Gross UBI	8070	TotalGrossUBI
Net Unrelated Business Txbl Income	-7934	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	1874349	ContributionsGrantsPriorYear
Contributions Grants Current Year	2359538	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	114122	ProgramServiceRevenuePriorYear
Program Service Revenue CY	193733	ProgramServiceRevenueCY
Investment Income Prior Year	602225	InvestmentIncomePriorYear
Investment Income Current Year	1623141	InvestmentIncomeCurrentYear
Other Revenue Prior Year	256867	OtherRevenuePriorYear
Other Revenue Current Year	208923	OtherRevenueCurrentYear
Total Revenue Prior Year	2847563	TotalRevenuePriorYear
Total Revenue Current Year	4385335	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	0	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	2150489	SalariesEtcPriorYear
Salaries Etc Current Year	2042162	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	695644	TotalFundrsngExpCurrentYear
Other Expense Prior Year	2302744	OtherExpensePriorYear
Other Expenses Current Year	3331872	OtherExpensesCurrentYear
Total Expenses Prior Year	4453233	TotalExpensesPriorYear
Total Expenses Current Year	5374034	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-1605670	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-988699	RevenuesLessExpensesCY
Total Assets BOY	39156059	TotalAssetsBOY
Total Assets EOY	39909150	TotalAssetsEOY
Total Liabilities BOY	18351855	TotalLiabilitiesBOY
Total Liabilities EOY	18547626	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	20804204	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	21361524	NetAssetsOrFundBalancesEOY
Mission Description	THE DAYTON ART INSTITUTE IS COMMITTED TO ENRICHING LIVES AND SERVING THE COMMUNITY BY CREATING MEANINGFUL EXPERIENCES WITH ART.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	1009494	Expense
Revenue	168767	Revenue
Description	CURATORIAL (INCLUDING COLLECTIONS AND EXHIBITIONS)- CARE, DEVELOPMENT, DISPLAY AND INTERPRETATION OF COLLECTIONS OF MORE THAN 26,000 WORKS OF ART DATING FROM 2,500 BC TO PRESENT AND SPANNING CULTURES WORLDWIDE. 2009 SPECIAL EXHIBITIONS INCLUDED WORKS IN GLASS BY WILLIAM MORRIS AND RARELY SEEN ART FROM OUR PERMANENT COLLECTION IN CELEBRATION OF THE MUSEUM'S 90TH ANNIVERSARY.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	310878	Expense
Revenue	56266	Revenue
Description	EDUCATION AND INTERPRETATION - INTERPRETIVE INITIATIVES RANGING FROM LABELS AND DOCENT TOURS TO ART CONNECTIONS (MULTIPLE TOURS, AN ART-MAKING EXPERIENCE AND COMPLEMENTARY IN-SCHOOL ACTIVITIES), EDUCATOR WORKSHOPS, YOUTH AND ADULT STUDIO CLASSES, TEEN PROGRAM, FAMILY ACTIVITIES, WEEKLY WEED AND SEED CLASSES, DROP-IN INTERACTIVE EXPERIENCENTER, AND MUSIC PROGRAMS AS WELL AS LECTURES AND SEMINARS. PUBLICATIONS AND WEBSITE MATERIALS, INCLUDING TEACHER GUIDES. LIBRARY AND ART BOOK CLUB.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	2574176	Expense
Description	HISTORIC BUILDING - THE DAI'S LANDMARK 1930 ITALIAN REVIVAL STYLE BUILDING, DESIGNED BY E. B. GREENE AND ON THE NATIONAL REGISTER OF HISTORIC PLACES, IS ONE OF THE PRIZED ART WORKS THE MUSEUM INTERPRETS AND SUPPORTS KEY PROGRAM FUNCTIONS. EXPENSES FOR THE HISTORIC BUILDING RELATE TO PROGRAM AREAS OF THE MUSEUM AND CONSIST OF OPERATION AND MAINTENANCE, DEPRECIATION AND FINANCING RELATED COSTS.	Description

Field	Value	IRS element (for citing)
Total Program Service Expense	3894548	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	1	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	0	LobbyingActivities
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	1	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	1	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	0	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	0	ReportOtherAssets
Report Other Liabilities	1	ReportOtherLiabilities
Report Fin48 Footnote	1	ReportFin48Footnote
Independent Audit Financial Stmt	1	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	0	ConsolidatedAuditFinancialStmt
School	0	School
Foreign Office	0	ForeignOffice
Foreign Activities	0	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	0	MoreThan5000KToIndividuals
Professional Fundraising	0	ProfessionalFundraising
Fundraising Activities	1	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	0	GrantsToOrganizations
Grants To Individuals	0	GrantsToIndividuals
Schedule J Required	0	ScheduleJRequired
Tax Exempt Bonds	1	TaxExemptBonds
Invest Tax Exempt Bonds	0	InvestTaxExemptBonds
Escrow Account	0	EscrowAccount
On Behalf Of Issuer	0	OnBehalfOfIssuer
Excess Benefit Transaction	0	ExcessBenefitTransaction
Prior Excess Benefit Transaction	0	PriorExcessBenefitTransaction
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	0	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	0	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	1	DeductibleNonCashContributions
Deductible Contributions Of Art	1	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	0	RelatedEntity
Related Org Controlled Entity	0	RelatedOrgControlledEntity
Transaction Related Entity	0	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	0	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	40	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	84	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	1	UnrelatedBusinessIncome
Form990-T Filed	1	Form990-TFiled
Foreign Financial Account	0	ForeignFinancialAccount
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Quid Pro Quo Contributions	0	QuidProQuoContributions
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOf
Funds To Pay Premiums	0	FundsToPayPremiums
Premiums Paid	0	PremiumsPaid
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	18	NbrVotingGoverningBodyMembers
Number Independent Voting Members	18	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	1	MembersOrStockholders
Election Of Board Members	1	ElectionOfBoardMembers
Decisions Subject To Approval	0	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	0	LocalChapters
Form990 Provided To Governing Body	1	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	1	WhistleblowerPolicy
Document Retention Policy	1	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	1	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
States Where Copy Of Return Is Filed	OH	StatesWhereCopyOfReturnIsFiled
Other Website	X	OtherWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	DAVID R STACY	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	9372235277	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	456 N BELMONTE PARK	AddressLine1
City	DAYTON	City
State	OH	State
ZIP Code	454054700	ZIPCode

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	X	InfoInScheduleOPartVII

Form990 Part VII Section A Form990PartVIISectionA (20 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
ROB CONNELLY
TRUSTEE/CHAIR	1.00	X	X	0	0	0
DAWN CONWAY
TRUSTEE	1.00	X		0	0	0
CAROLYN GARLAND
TRUSTEE	1.00	X		0	0	0
ALAN GREENWELL
TRUSTEE	1.00	X		0	0	0
LINDA LOMBARD
TRUSTEE/VICE CHAIR	1.00	X	X	0	0	0
WANDA LUKENS
TRUSTEE/SECRETARY	1.00	X	X	0	0	0
SHARON HOWARD
TRUSTEE	1.00	X		0	0	0
FRED MANCHUR
TRUSTEE	1.00	X		0	0	0
DALE MEDFORD
TRUSTEE	1.00	X		0	0	0
JOHN NARIUS
TRUSTEE	1.00	X		0	0	0
JAMES PANCOAST
TRUSTEE/TREASURER	1.00	X	X	0	0	0
LINDA REED
TRUSTEE	1.00	X		0	0	0
SALLY STRUTHERS
TRUSTEE	1.00	X		0	0	0
KATHERINE THORNBURG
TRUSTEE	1.00	X		0	0	0
BASEL YANES MD
TRUSTEE	1.00	X		0	0	0
NEIL FREUND
TRUSTEE	1.00	X		0	0	0
JOANIE WIRE
TRUSTEE	1.00	X		0	0	0
RICHARD HALE
TRUSTEE	1.00	X		0	0	0
JANICE DRIESBACH
DIRECTOR	40.00		X	143084	0	858
DAVID STACY
CFO	40.00		X	80960	0	857

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	224044	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	1715	TotalOtherCompensation
Number Individuals GT100 K	1	NumberIndividualsGT100K
Formers Listed	0	FormersListed
Total Comp GT150 K	0	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources
Number Of Contractors GT100 K	0	NumberOfContractorsGT100K
Membership Dues	804828	MembershipDues
Fundraising Events	214609	FundraisingEvents
Government Grants	109582	GovernmentGrants
All Other Contributions	1230519	AllOtherContributions
Noncash Contributions	72531	NoncashContributions
Total Contributions	2359538	TotalContributions

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
PROGRAM & EDUCATION FE	900099	155083	155083
MEMBERSHIP DUES	713990	38650	38650

Field	Value	IRS element (for citing)
Total Program Service Revenue	193733	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	992595	TotalRevenueColumn
Exclusion	$992,595	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	6988454	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	6357908	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	630546	Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	630546	TotalRevenueColumn
Exclusion	$630,546	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	541798	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	214609	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	404812	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	136986	TotalRevenueColumn
Exclusion	$136,986	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	364536	GrossSalesOfInventory
Cost Of Goods Sold	323899	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	40637	TotalRevenueColumn
Unrelated Business Revenue	8070	UnrelatedBusinessRevenue
Exclusion	$32,567	ExclusionAmount

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	PROCEEDS - SALE OF ART	Description
Business Code	900099	BusinessCode
Total Revenue Column	31300	TotalRevenueColumn
Related Or Exempt Function Income	31300	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	31300	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	4385335	TotalRevenueColumn
Related Or Exempt Function Income	225033	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	8070	UnrelatedBusinessRevenue
Exclusion	$1,792,694	ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	225759	Total
Program Services	21463	ProgramServices
Management And General	96983	ManagementAndGeneral
Fundraising	107313	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	1578311	Total
Program Services	961734	ProgramServices
Management And General	407996	ManagementAndGeneral
Fundraising	208581	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	70308	Total
Management And General	70308	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	167784	Total
Program Services	73455	ProgramServices
Management And General	71312	ManagementAndGeneral
Fundraising	23017	Fundraising

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	3394	Total
Management And General	3394	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	25736	Total
Management And General	25736	ManagementAndGeneral

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	54707	Total
Management And General	54707	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	78076	Total
Program Services	36118	ProgramServices
Management And General	8767	ManagementAndGeneral
Fundraising	33191	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	68711	Total
Program Services	48630	ProgramServices
Fundraising	20081	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	279338	Total
Program Services	111194	ProgramServices
Management And General	79790	ManagementAndGeneral
Fundraising	88354	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	47424	Total
Program Services	11700	ProgramServices
Management And General	25663	ManagementAndGeneral
Fundraising	10061	Fundraising

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	412339	Total
Management And General	412339	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	10252	Total
Program Services	5776	ProgramServices
Management And General	4249	ManagementAndGeneral
Fundraising	227	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	553815	Total
Program Services	523800	ProgramServices
Management And General	30015	ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	1001508	Total
Program Services	821237	ProgramServices
Management And General	180271	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	85659	Total
Program Services	38324	ProgramServices
Management And General	47335	ManagementAndGeneral

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
CHANGE IN SWAP FAIR VAL	437574	437574
REPAIRS & MAINTENANCE	155254	4458	150561	235
BOND FEES	153479	153479
RECEPTIONS	111251	84291	2000	24960
CONTRACT LABOR	93368	73637	19731

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	-240013	Total
Program Services	487678	ProgramServices
Management And General	-907315	ManagementAndGeneral
Fundraising	179624	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	5374034	Total
Program Services	3894548	ProgramServices
Management And General	783842	ManagementAndGeneral
Fundraising	695644	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	158656	BOY
EOY	585402	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	2813388	BOY
EOY	2338337	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	42114	BOY
EOY	43957	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	80777	BOY
EOY	70733	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	73068	BOY
EOY	154524	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	26956853	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	15435001	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	12496276	BOY
EOY	11521852	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	23231726	BOY
EOY	24951033	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	260054	BOY
EOY	243312	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	39156059	BOY
EOY	39909150	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	225681	BOY
EOY	254789	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	76674	BOY
EOY	100763	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	17125000	BOY
EOY	16830000	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
BOY	650000	BOY
EOY	650000	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	274500	BOY
EOY	712074	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	18351855	BOY
EOY	18547626	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	14769277	BOY
EOY	15016497	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	684648	BOY
EOY	944263	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	5350279	BOY
EOY	5400764	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	20804204	BOY
EOY	21361524	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	39156059	BOY
EOY	39909150	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	-988699	ReconcilationRevenueExpenses
Reconcilation Other Changes	1546019	ReconcilationOtherChanges
Info In Schedule O Part XII	X	InfoInScheduleOPartXII
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited
Audit Committee	1	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	0	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	3640940	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	4783245	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	3446661	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1875349	CurrentTaxYearMinus1Year
Current Tax Year	2287007	CurrentTaxYear
Total	16033202	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	3640940	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	4783245	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	3446661	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1875349	CurrentTaxYearMinus1Year
Current Tax Year	2287007	CurrentTaxYear
Total	16033202	Total

Field	Value	IRS element (for citing)
Amounts Subst Contributors Total	1432823	AmountsSubstContributorsTotal
Public Support Total170	14600379	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	745614	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1774496	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	588882	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	602225	CurrentTaxYearMinus1Year
Current Tax Year	1623141	CurrentTaxYear
Total	5334358	Total

Net UBI NetUBI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	24124	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	11121	CurrentTaxYearMinus3Years
Total	35245	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	1630	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	299	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	375	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	10336	CurrentTaxYearMinus1Year
Total	12640	Total

Field	Value	IRS element (for citing)
Total Support	21415445	TotalSupport
Gross Receipts From Admissions Etc	6725551	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.68180	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.66390	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Collect Used For Public Exhibition	X	CollectUsedForPublicExhibition
Collect Used For Scholar Research	X	CollectUsedForScholarResearch
Collect Used For Preservation	X	CollectUsedForPreservation
Collect Used For Loan Or Exch Prgrms	X	CollectUsedForLoanOrExchPrgrms
Solicited Assets For Sale	0	SolicitedAssetsForSale

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	14218823	BeginningOfYearBalance
Contributions	312051	Contributions
Investment Earnings Or Losses	1885656	InvestmentEarningsOrLosses
Other Expenditures	1077401	OtherExpenditures
End Of Year Balance	15339129	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	12166914	BeginningOfYearBalance
Contributions	758947	Contributions
Investment Earnings Or Losses	2661841	InvestmentEarningsOrLosses
Other Expenditures	1368879	OtherExpenditures
End Of Year Balance	14218823	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	16106804	BeginningOfYearBalance
Contributions	1944362	Contributions
Investment Earnings Or Losses	-3832867	InvestmentEarningsOrLosses
Other Expenditures	2051385	OtherExpenditures
End Of Year Balance	12166914	EndOfYearBalance

Field	Value	IRS element (for citing)
Board Designated EOY Balance	0.61870	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	0.02980	PermanentEndowmentEOYBalance
Term Endowment EOY Balance	0.35150	TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs	1	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	0	EndowmentsHeldByRelatedOrgs

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	213408	OtherCostOrOtherBasis
Book Value	213408	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	18229177	OtherCostOrOtherBasis
Depreciation	9914513	Depreciation
Book Value	8314664	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	8190814	OtherCostOrOtherBasis
Depreciation	5208704	Depreciation
Book Value	2982110	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	323454	OtherCostOrOtherBasis
Depreciation	311784	Depreciation
Book Value	11670	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	11521852	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	FV - INTEREST RATE EXCH AGREEMENTS	Description
Amount	$712,074	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	712074	TotalOfAmounts
Total Revenue	4385335	TotalRevenue
Total Expenses	5374034	TotalExpenses
Excess Or Deficit For Year	-988699	ExcessOrDeficitForYear
Net Unrealized GL On Investments	1546019	NetUnrealizedGLOnInvestments
Total Adjustments	1546019	TotalAdjustments
Excess Or Deficit Per FS	557320	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	6630740	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	1546019	NetUnrealizedGainsInvestments
Donated Srvc And Use Of Facilities	1975	DonatedSrvcAndUseOfFacilities
Other Revenues	728711	OtherRevenues
Revenue Not Rptd F990	2276705	RevenueNotRptdF990
Revenue Subtotal	4354035	RevenueSubtotal
Other Revenues Not Included	31300	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	31300	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	4385335	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	5662146	TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities	1975	DonatedServicesUseOfFacilities
Other Expenses Included	728711	OtherExpensesIncluded
Expenses Not Rptd F990	730686	ExpensesNotRptdF990
Expenses Subtotal	4931460	ExpensesSubtotal
Other Expenses Not Included	442574	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	442574	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	5374034	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (8 entries)

Return ReferenceReturnReference	ExplanationExplanation	IdentifierIdentifier
PART III, LINE 1A:	THE ORGANIZATION'S COLLECTIONS ARE MAINTAINED FOR PUBLIC EXHIBITION, EDUCATION, AND RESEARCH IN FURTHERANCE OF PUBLIC SERVICE, RATHER THAN FOR FINANCIAL GAIN. IN CONFORMITY WITH ACCOUNTING POLICIES GENERALLY FOLLOWED BY ART MUSEUMS, THE VALUE OF THE ORGANIZATION'S COLLECTIONS HAS BEEN EXCLUDED FROM THE STATEMENT OF FINANCIAL POSITION, AND GIFTS OF ART OBJECTS ARE EXCLUDED FROM REVENUE IN THE STATEMENT OF ACTIVITIES. PURCHASES OF ART OBJECTS BY THE ORGANIZATION ARE RECORDED AS DECREASES IN NET ASSETS IN THE STATEMENT OF ACTIVITIES. PROCEEDS FROM THE SALE OF ARTWORK ARE RECORDED AS INCREASES IN NET ASSETS IN THE STATEMENT OF ACTIVITIES. IT IS THE POLICY OF THE BOARD OF TRUSTEES TO SPEND PROCEEDS FROM DEACCESSIONS OF ART ONLY ON ACQUSITIONS OF ART.
PART III, LINE 4:	THE ORGANIZATION'S COLLECTIONS INCLUDE WORKS FROM VARIOUS TIME PERIODS, CULTURES AND STYLES FOR DISPLAY TO THE PUBLIC, AS WELL AS RESEARCH. THE GALLERY SPACES ARE DESIGNED TO SHOW WORKS OF ART GROUPED BY ITEMS OF SIMILAR INTEREST TO PROVIDE AN EDUCATIONAL, AS WELL AS AN ENRICHING EXPERIENCE TO MUSEUM VISITORS.
PART V, LINE 4:	THE ORGANIZATION'S ENDOWMENT FUNDS ARE UTILIZED FOR GENERAL SUPPORT OF THE MUSEUM'S PROGRAMS OR IF RESTRICTED BY THE DONOR, FOR SPECIFIC PURPOSES SUCH AS ART ACQUISITION OR ART EDUCATION.	DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:
PART X:	THE ORGANIZATION EVALUATES THE INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS FILED BY THE ORGANIZATION TO DETERMINE WHETHER A LIABILITY FOR UNCERTAIN POSITIONS EXIST AND WHETHER A LIABILITY FOR SUCH UNCERTAIN POSITIONS SHOULD BE RECOGNIZED. THE ORGANIZATION IS EXEMPT FROM INCOME TAXES AND MANAGEMENT BELIEVES THE ORGANIZATION HAS NOT ENGAGED IN ANY ACTIVITIES THAT WOULD DISQUALIFY THEM FROM TAX-EXEMPT STATUS. CERTAIN MERCHANDISE SALES IN THE ORGANIZATION'S GIFT SHOP ARE NOT SUBSTANTIALLY RELATED TO FURTHERING THE ORGANIZATION'S MISSION AND THEREFORE UNRELATED BUSINESS INCOME TAX IS PAID IN ACCORDANCE WITH THE INTERNAL REVENUE CODE. THE ORGANIZATION'S TAX FILINGS ARE SUBJECT TO AUDIT BY TAXING AUTHORITIES. THE ORGANIZATION'S OPEN AUDIT PERIODS ARE 2007-2010.	DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
	COST OF MERCHANDISE SALES 323,899. SPECIAL EVENT EXPENSES 404,812.	PART XII, LINE 2D - OTHER ADJUSTMENTS:
	PROCEEDS FROM SALE OF ART 31,300.	PART XII, LINE 4B - OTHER ADJUSTMENTS:
	COST OF MERCHANDISE SALES 323,899. SPECIAL EVENTS 404,812.	PART XIII, LINE 2D - OTHER ADJUSTMENTS:
	PURCHASES OF ART 5,000. EFFECT OF INTEREST RATE SWAP 437,574.	PART XIII, LINE 4B - OTHER ADJUSTMENTS:

Schedule G IRS990ScheduleG

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	ART BALL	NameOfEvent1
Gross Receipts Event1	258882	GrossReceiptsEvent1
Charitable Contributions Event1	143900	CharitableContributionsEvent1
Gross Revenue Event1	114982	GrossRevenueEvent1
Other Direct Expenses Event1	171215	OtherDirectExpensesEvent1
Name Of Event2	OCTOBERFEST	NameOfEvent2
Gross Receipts Event2	494177	GrossReceiptsEvent2
Charitable Contributions Event2	70709	CharitableContributionsEvent2
Gross Revenue Event2	423468	GrossRevenueEvent2
Other Direct Expenses Event2	219145	OtherDirectExpensesEvent2
Total Number Of Other Events	2	TotalNumberOfOtherEvents
Gross Receipts Other Events	3348	GrossReceiptsOtherEvents
Charitable Contrib Other Events	0	CharitableContribOtherEvents
Gross Revenue Other Events	3348	GrossRevenueOtherEvents
Other Direct Expenses Other Events	14452	OtherDirectExpensesOtherEvents
Gross Receipts Total	756407	GrossReceiptsTotal
Charitable Contributions Total	214609	CharitableContributionsTotal
Gross Revenue Total Events	541798	GrossRevenueTotalEvents
Other Direct Expenses Total Events	404812	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	404812	DirectExpenseSummaryEvents
Net Income Summary	136986	NetIncomeSummary

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI

Issuer Name IssuerName

Field	Value	IRS element (for citing)
Business Name Line1	MONTGOMERY COUNTY OHIO	BusinessNameLine1

Field	Value	IRS element (for citing)
Issuer EIN	316000172	IssuerEIN
CUSIP Number	613513AA8	CUSIPNumber
Date Issued	2006-08-31	DateIssued
Issue Price	3500000	IssuePrice
Description Of Purpose	INSTALLATION OF NEW HEATING AND COOLING PLANT FOR THE DAYTON ART INSTITUTE	DescriptionOfPurpose
Defeased	0	Defeased
On Behalf Of Issuer	0	OnBehalfOfIssuer
Pool Financing	0	PoolFinancing

Form990 Schedule K Part II Form990ScheduleKPartII

Field	Value	IRS element (for citing)
Amount Retired	670000	AmountRetired
Total Proceeds	3500000	TotalProceeds
Issuance Costs From Proceeds	70000	IssuanceCostsFromProceeds
Capital Expenditures	3430000	CapitalExpenditures
Year Of Subst Completion	2007	YearOfSubstCompletion
Current Refunding	0	CurrentRefunding
Advance Refunding	0	AdvanceRefunding
Final Allocation Made	1	FinalAllocationMade
Adequate Books And Recds Maintaind	1	AdequateBooksAndRecdsMaintaind

Form990 Schedule K Part III Form990ScheduleKPartIII

Field	Value	IRS element (for citing)
Owning Bond Financed Property	0	OwningBondFinancedProperty
Any Lease Arrangements	0	AnyLeaseArrangements
Mngment Cntrct Bond Financd Prprty	0	MngmentCntrctBondFinancdPrprty
Any Research Agreements	0	AnyResearchAgreements
Bond Counsel Routinely Engaged	0	BondCounselRoutinelyEngaged
Prcntge Prvt Business Use By Others	0.00000	PrcntgePrvtBusinessUseByOthers
Percentage Of Prvt Business Re UBI	0.00000	PercentageOfPrvtBusinessReUBI
Total Private Business Use	0.00000	TotalPrivateBusinessUse
Post Issuance Compliance Procdrs	1	PostIssuanceComplianceProcdrs

Form990 Schedule K Part IV Form990ScheduleKPartIV

Field	Value	IRS element (for citing)
Form8038 T Filed	0	Form8038TFiled
Variable Rate Issue	1	VariableRateIssue
Hedge Identified In Books And Recds	0	HedgeIdentifiedInBooksAndRecds
Gross Proceeds Invested In GIC	0	GrossProceedsInvestedInGIC
Gross Proceeds Invested	0	GrossProceedsInvested
Exception To Rebate	0	ExceptionToRebate

Schedule M IRS990ScheduleM

Works Of Art WorksOfArt

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	6	NumberOfContributions
Noncash Contribs Rptd F990	0	NoncashContribsRptdF990
Method Of Determining Revenues	N/A	MethodOfDeterminingRevenues

Other Non Cash Contributions Table OtherNonCashContributionsTable (2 entries)

Non Cash CheckboxNonCashCheckbox	DescriptionDescription	Number Of ContributionsNumberOfContributions	Noncash Contribs Rptd F990NoncashContribsRptdF990	Method Of Determining RevenuesMethodOfDeterminingRevenues
X	ITEMS FOR FUNDRAISING EVENTS	51	65000	FAIR MARKET VALUE
X	OFFICE EQUIPMENT AND FURNITURE	5	7531	FAIR MARKET VALUE

Field	Value	IRS element (for citing)
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts	1	ReviewProcessUnusualNCGifts
Third Parties Used	0	ThirdPartiesUsed

Form990 Schedule M Part II Form990ScheduleMPartII

Field	Value	IRS element (for citing)
Identifier	NON REPORTING OF REVENUE:	Identifier
Return Reference	PART I, LINE 33:	ReturnReference
Explanation	THE ORGANIZATION FOLLOWS GENERALLY ACCEPTED ACCOUNTING PRACTICES OF THE MUSEUM INDUSTRY, WHICH EXCLUDES THE CARRYING VALUE OF THE COLLECTIONS FROM THE STATEMENT OF POSITION. CONSEQUENTLY, CONTRIBUTIONS OF WORKS OF ART ARE NOT RECOGNIZED ON THE STATEMENT OF ACTIVITIES. DURING 2010, 6 INDIVIDUAL WORKS OF ART WERE CONTRIBUTED BY 6 DONORS. THE ESTIMATED VALUE OF THE WORKS OF ART RECEIVED DURING 2009 WAS $90,100.	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (9 entries)

IdentifierIdentifier	ExplanationExplanation	Return ReferenceReturnReference
FORM 990, PART VI, SECTION A, LINE 6	THE MUSEUM OFFERS VARIOUS MEMBERSHIP LEVELS TO ITS PATRONS TO ENCOURAGE THEM TO PARTICIPATE IN PROGRAMS OFFERED BY THE MUSEUM. THESE BENEFITS INCLUDE FREE ADMISSION TO SPECIAL EXHIBITIONS, INVITATIONS TO PREVIEWS AND DISCOUNTS FOR CERTAIN EDUCATIONAL PROGRAMS AND OTHER EVENTS.
FORM 990, PART VI, SECTION A, LINE 7A	THE NOMINATING COMMITTEE OF THE BOARD OF TRUSTEES RECOMMENDS THE SLATE OF CANDIDATES FOR THE BOARD OF TRUSTEES TO THE FULL BOARD OF TRUSTEES. THE SLATE OF CANDIDATES ARE PROVIDED TO MEMBERS FOR ELECTION OF THE TRUSTEES.
FORM 990, PART VI, SECTION B, LINE 11	THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES IS DIRECTLY PROVIDED A DRAFT OF THE FORM 990 TO REVIEW PRIOR TO FILING. OTHER BOARD MEMBERS ARE NOTIFIED AND PROVIDED ACCESS TO REVIEW THE FORM 990 PRIOR TO FILING.
	THE BOARD OF TRUSTEES REVIEWS ANY ACTIVITY THAT COULD GIVE RISE TO POTENTIAL CONFLICTS OF INTEREST ON AN "AS NEEDED" BASIS. ANNUALLY, DIRECTORS COMPLETE CONFLICT OF INTEREST DISCLOSURE STATEMENTS, WHICH ARE REVIEWED BY MANAGEMENT AND THE TRUSTEES.	FORM 990, PART VI, SECTION B, LINE 12C
	THE DIRECTOR/CEO WAS HIRED IN DECEMBER 2007 FOLLOWING A NATIONAL SEARCH CONDUCTED BY A SPECIALIZED SEARCH FIRM. THE INITIAL COMPENSATION PACKAGE WAS DEVELOPED USING DATA FROM COMPARABLE MUSEUMS. THE PERSONNEL COMMITTEE OF THE BOARD OF TRUSTEES IS CHARGED WITH MONITORING AND EVALUATING THE COMPENSATION OF THE DIRECTOR/CEO. THE COMMITTEE UTILIZES MUSEUM INDUSTRY INFORMATION (ASSOCIATION OF ART MUSEUM DIRECTORS SALARY SURVEYS), AS WELL AS LOCAL MARKET KNOWLEDGE AND ANNUAL PERFORMANCE EVALUATIONS TO ADJUST COMPENSATION OF THE DIRECTOR/CEO.	FORM 990, PART VI, SECTION B, LINE 15
	THE FORM 990 IS WIDELY AVAILABLE ON WEBSITES, SUCH AS GUIDESTAR. THE ORGANIZATION ALSO PROVIDES REQUIRED TAX FILINGS AND GOVERNING DOCUMENTS UPON WRITTEN REQUEST FROM THE PUBLIC.	FORM 990, PART VI, SECTION C, LINE 19
	OTHER COMPENSATION COSISTS OF 403(B) RETIREMENT PLAN CONTRIBUTIONS AND HEALTH INSURANCE PREMIUMS. DURING 2010, THE ORGANIZATION DID NOT MAKE ANY CONTRIBUTIONS TO THE PENSION PLAN.	FORM 990, PART VII, COL. F:
CHANGES IN NET ASSETS OR FUND BALANCES:	NET UNREALIZED GAINS ON INVESTMENTS: 1,546,019.	FORM 990, PART XI, LINE 5:
	THE BOARD OF TRUSTEES HAS CHARGED THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES WITH OVERSIGHT OF THE INDEPENDENT AUDIT. THE PROCESS IS CONSISTENT WITH THE PRIOR YEAR.	FORM 990, PART XII, LINE 2C: