2025-03-18T14:48:55-05:00 2024-06-30 561434747 GREERWALKER LLP 227 WEST TRADE ST SUITE 1100 CHARLOTTE NC 28202 990 2023-07-01 560670666 MINT MUSEUM OF ART INC MINT 7043372000 2730 RANDOLPH ROAD CHARLOTTE NC 28207 DR TODD A HERMAN PRESIDENT AND CEO 7043372000 2025-03-12 1 0 PAULA P TILLEY P00051456 7043770239 2025-03-12 2023 2025-03-06 01:10:19Z DR TODD A HERMAN 2730 RANDOLPH ROAD CHARLOTTE NC 28207 9556778 0 X WWW.MINTMUSEUM.ORG X 1936 NC THE MINT MUSEUM IS A LEADING, INNOVATIVE MUSEUM OF INTERNATIONAL ART AND DESIGN COMMITTED TO ENGAGING AND INSPIRING ALL MEMBERS OF OUR GLOBAL COMMUNITY. THE MINT MUSEUM IS DEDICATED TO LEADERSHIP IN COLLECTING, EXHIBITING, CONSERVING, RESEARCHING, PUBLISHING, INTERPRETING, AND SHARING ART AND DESIGN FROM AROUND THE WORLD. THESE COMMITMENTS ARE CENTRAL TO THE MUSEUM'S CORE VALUES OF LEADERSHIP, INTEGRITY, INCLUSIVENESS, KNOWLEDGE, STEWARDSHIP, AND INNOVATION, PROMOTING UNDERSTANDING OF AND RESPECT FOR DIVERSE PEOPLES AND CULTURES. MUSEUM ADMISSION, SPECIAL EVENTS, LEARNING AND ENGAGEMENT PROGRAMS, AND OUTREACH INITIATIVES DEEPEN THE RELATIONSHIP BETWEEN THE ARTS AND CULTURE SECTOR AND THE DIVERSE COMMUNITY WE SERVE - REACHING OVER 500,000 PEOPLE THROUGH VISITATION AND ONLINE CHANNELS. 23 23 101 926 694735 526593 6441238 5409967 1653347 786662 60441 20460 2907966 2758887 11062992 8975976 0 0 0 0 5774127 5923272 0 0 1179823 9734296 8184775 15508423 14108047 -4445431 -5132071 79384308 96370507 2051363 1331472 77332945 95039035 X THE MINT MUSEUM WELCOMES ALL TO BE INSPIRED AND TRANSFORMED THROUGH THE POWER OF ART AND CREATIVITY. 0 0 11267629 0 786662 FOR THE MAJORITY OF FY24, THE MINT MUSEUM CONTINUED ITS CORE ACTIVITIES, INCLUDING EXPANDING ITS PERMANENT COLLECTIONS THROUGH IMPORTANT ACQUISITIONS; LAUNCHING NEW EXHIBITIONS COMPRISING WORKS FROM THE PERMANENT COLLECTIONS AND ON LOAN; ENGAGING VISITORS OF ALL AGES AND BACKGROUNDS THROUGH EDUCATION AND OUTREACH INITIATIVES; AND IMPLEMENTING NEW COMMUNICATION STRATEGIES, TECHNOLOGIES, AND METHODS TO REACH AND ENGAGE NEW AUDIENCES. THE MUSEUM PRESENTED AN EXCITING ROSTER OF MAJOR MINT ORGANIZED AND SPECIAL LOAN EXHIBITIONS IN FY24:THE VAULT FEATURED OBJECTS FROM THE PRIVATE COLLECTIONS OF FOUR PROMINENT BLACK ART COLLECTORS LIVING IN CHARLOTTE: JUDY AND PATRICK DIAMOND, NINA AND JAMES JACKSON, CHRISTY AND QUINCY LEE, AND CHERYSE AND CHRISTOPHER TERRY. A RANGE OF THEORIES AND METHODOLOGY AROUND COLLECTING WAS PRESENTED THROUGH OBJECTS FROM EACH OF THEIR PRIVATE COLLECTIONS. VISITORS EXPERIENCED VINTAGE PHOTOGRAPHY, ORIGINAL PAINTINGS, PRINTS, SCULPTURES, FURNITURE, VINYL RECORDS, AND OTHER CULTURALLY SPECIFIC EPHEMERA.THE ART OF SEATING: 200 YEARS OF AMERICAN DESIGN PROVIDED A RARE OPPORTUNITY TO SURVEY THE HISTORY OF AMERICAN CRAFTSMANSHIP AND INGENUITY, AS SEEN THROUGH THE LENS OF SEATING FURNITURE. MORE THAN FIFTY EXAMPLES OF SEATING FURNITURE WERE INCLUDED IN THE EXHIBITION AND OFFERED A STYLISTIC JOURNEY FROM THE EARLY 1800S TO THE 21ST CENTURY. NOTED MAKERS AND DESIGNERS INCLUDED THE STICKLEY BROTHERS, FRANK LLOYD WRIGHT, CHARLES AND RAY EAMES, FRANK GEHRY, AND VIVIAN BEER. THE EXHIBITION ALSO FEATURED CONTEMPORARY AND HISTORIC DESIGNS BY MANUFACTURERS SUCH AS KNOLL, HERMAN MILLER, AND STEELCASE WHO COMMISSIONED THESE PIECES. THE ART OF SEATING ENCOURAGED VISITORS TO RECONSIDER OBJECTS THAT ARE A UBIQUITOUS AND OFTEN OVERLOOKED PART OF OUR EVERYDAY LIVES, SEEING CHAIRS AS NOT JUST FUNCTIONAL OBJECTS, BUT AS WORKS OF ART.WALTER SCOTT LENOX AND AMERICAN BELLEEK FOCUSED ON THE EXTRAORDINARY PORCELAIN MADE IN THE LATE 19TH AND EARLY 20TH CENTURIES AT OTT & BREWER, WILLETS MANUFACTURING COMPANY, AND CERAMIC ART COMPANY. THESE FACTORIES WERE AMONG THE EARLIEST U.S. PRODUCERS OF BELLEEK, A DELICATELY THIN, IVORY-COLORED PORCELAIN THAT WAS FIRST PRODUCED IN 1857 IN IRELAND. IRISH BELLEEK PORCELAIN QUICKLY BECAME A POPULAR LUXURY PRODUCT AMONG DISCERNING CONSUMERS ON BOTH SIDES OF THE ATLANTIC. THE EXHIBITION PRESENTED THE ELEGANCE OF AMERICA'S GILDED AGE AND THE ARTISTIC INFLUENCE OF WALTER SCOTT LENOX THROUGH EIGHTY OBJECTS ON LOAN FROM NOTABLE PUBLIC AND PRIVATE U.S. COLLECTIONS AND THE MINT'S OWN HOLDINGS.CRAFT ACROSS CONTINENTS | CONTEMPORARY JAPANESE AND WESTERN OBJECTS: THE LASSITER/FERRARO COLLECTION FEATURED MORE THAN 50 OBJECTS FROM THE PRIVATE COLLECTION OF LORNE LASSITER AND GARY FERRARO. LASSITER AND FERRARO SAY THEY COLLECT FOR THE FUN OF IT - VISITING ARTISTS' STUDIOS, ART FAIRS, GALLERIES, AND MUSEUMS HERE AND ABROAD - BUT THEY ARE SERIOUS-MINDED COLLECTORS WITH A DEEP KNOWLEDGE OF CONTEMPORARY CRAFT. THE EXHIBITION WAS PRESENTED IN A DOMESTIC-LIKE SETTING TO UNDERSCORE THE THEME OF LIVING WITH ART, WHICH INCLUDED GLASS, CERAMICS, BAMBOO, AND TEXTILE CONTEMPORARY OBJECTS BY ARTISTS FROM AROUND THE GLOBE.FINALLY, ROBERT EBENDORF HAS BEEN ONE OF THE MOST INFLUENTIAL ARTISTS IN THE STUDIO JEWELRY MOVEMENT FROM ITS BEGINNING IN THE 1960S TO TODAY. OBJECTS OF AFFECTION: JEWELRY BY ROBERT EBENDORF FROM THE PORTER-PRICE COLLECTION EXAMINED RECURRING THEMES SUCH AS COLLAGE/ASSEMBLAGE AS A GOVERNING PRINCIPLE; CATHOLIC ICONOGRAPHY; AND TEXT AS A DESIGN ELEMENT. THE EXHIBITION FEATURED MORE THAN 180 WORKS OF JEWELRY, METALWORK, DRAWINGS, AND ARCHIVAL MATERIALS. EBENDORF'S WORK COMBINES EXCEPTIONAL CRAFTSMANSHIP, ACQUIRED THROUGH TRADITIONAL TRAINING IN GOLD- AND SILVERSMITHING, WITH THE INVENTIVE USE OF FOUND OBJECTS AND OTHER ALTERNATIVE MATERIALS SUCH AS ACRYLIC.THE MINT CONTINUED TO SUCCESSFULLY HOST COMMUNITY ENGAGEMENT PROGRAMS TO BUILD ON THE DEEP RELATIONSHIPS MADE WITH BOTH PARTNERS AND PARTICIPANTS SUCH AS MINT TO MOVE, WILD WEDNESDAYS, BI-LINGUAL STORIES AND MUSIC, AND WEDNESDAY NIGHT LIVE. FOR EXAMPLE, ART ROUNDS IS A NEW INTERACTIVE GALLERY PROGRAM DESIGNED FOR MEDICAL PROFESSIONALS. THIS PROGRAM ENCOURAGES COLLABORATIVE PARTICIPATION IN "SLOW-LOOKING" IN THE GALLERY SPACES AND PROMOTES CONNECTIONS BETWEEN ART AND EMPATHY. ART ROUNDS INCREASES OBSERVATION, COMMUNICATION, AND LISTENING SKILLS AND RELATES "SLOW-LOOKING AND GALLERY DISCUSSION TO "MAKING THE ROUNDS AND OBSERVING, COMMUNICATING WITH, AND LISTENING TO PATIENTS. ATRIUM HEALTH-WAKE FOREST CAROLINAS MEDICAL CENTER PARTICIPANTS INTERPRETED DIVERSE PORTRAITURE FROM THE MINT'S COLLECTION, AND CONSIDERED ARTISTS' IDEAS ABOUT THE BODY, IDENTITY, AND GENDER FROM DIVERSE CULTURAL PERSPECTIVES. FIFTEEN MEDICAL RESIDENTS FROM CHARLOTTE ATTENDED. THE EVENING PROGRAM INVITED THEM TO INTERPRET ART PORTRAITS FROM DISTINCT CULTURAL PERSPECTIVES AND REFLECT ON HOW THE GALLERY EXPERIENCE RELATES TO THEIR MEDICAL PRACTICE. THROUGH "SLOW-LOOKING AND THE SHARING OF MULTIPLE INTERPRETATIONS OF ONE WORK OF ART, PARTICIPANTS FELT MORE CONNECTED TO THEIR PEERS, GRAPPLED WITH THEIR UNCONSCIOUS BIASES IN A NONJUDGEMENTAL SPACE, AND CONSIDERED ANEW THEIR PATIENTS' PERSPECTIVES AND NEEDS. ADDITIONALLY, WE CONTINUED TO DISTRIBUTE FREE ART KITS - FUN AND EASY ACTIVITIES, COMPLETE WITH SUPPLIES, TO CREATE ART AT HOME. THE MONTHLY FREE ART KIT CORRESPONDS TO AN EXHIBITION ON VIEW OR A PIECE FROM THE MINT'S PERMANENT COLLECTION. TYPICALLY, ABOUT FIVE HUNDRED KITS ARE HANDED OUT TO THE PUBLIC EACH MONTH. FINALLY, THE LAST SUNDAY OF EACH MONTH IS PARTY IN THE PARK AT MINT MUSEUM RANDOLPH. FY24 EXHIBITIONS ALSO ALLOWED THE MINT TO RECOGNIZE THE FOLLOWING: DEMONSTRATE DIVERSITY OF VOICES IN EXHIBITIONS; ENGAGE LOCAL AND REGIONAL ARTISTS AS CO-SUPPORTERS OF OUR CULTURAL ECOSYSTEM; INCREASE ART EDUCATION IMPACT WITH YOUTH THROUGH PROGRAMS IN OUR COMMUNITY; AND BUILD STRONGER RELATIONSHIPS WITH OUR DONORS. THE MINT ACTIVELY ENGAGES LOCAL COMMUNITIES, ARTISTS, ART-EDUCATORS, AND ORGANIZATIONS IN ITS REGULAR PROGRAMMING; AND THOUGHTFULLY REACHES DIVERSE AUDIENCES AND POPULATIONS THROUGH GRASSROOTS EFFORTS LED BY PARTNERING COMMUNITY ORGANIZATIONS AND LEADERS. NOTABLY, IN FY24 OVER 16,500 ATTENDEES PARTICIPATED IN OUR FREE WEDNESDAY EVENINGS AND OUR WEDNESDAY NIGHT LIVE PROGRAMMING. OUR INTENTION IS TO CREATE A NEW CULTURAL LAYERING OF WHAT IS HAPPENING AT THE MINT, AS WELL AS EXPOSE OUR AUDIENCES TO OTHER GROUPS AND CONNECT THE MUSEUM MORE DEEPLY WITH THE LOCAL AND REGIONAL ARTS ECOSYSTEM. THIS NUMBER SPEAKS ABOUT THE IMPORTANCE AND POPULARITY OF THE PROGRAM AND THE CRITICAL ROLE IT PLAYS IN OUR COMMUNITY.ANNUALLY, THE MINT PARTNERS WITH MANY ORGANIZATIONS WITHIN THE COMMUNITY OFFERING A BROAD ARRAY OF PROGRAMMING THAT REACHES AS MANY COMMUNITY MEMBERS AS POSSIBLE. KEY PARTNERS INCLUDE: CHARLOTTE MECKLENBURG SCHOOLS, THE LATIN AMERICAN WOMEN'S ASSOCIATION, LATIN AMERICAN COALITION, ART SI CHARLOTTE, CIRCLE DE LUZ, HARVEY B. GANTT CENTER FOR AFRICAN-AMERICAN ARTS + CULTURE, DANCES OF INDIA RUMBAO LATIN DANCE COMPANY, SOUTHEASTERN MUSEUM CONFERENCE, PBS AFFILIATE WTVI CHARLOTTE, BECHTLER MUSEUM OF MODERN ART, MCCOLL CENTER FOR VISUAL ART, BLUMENTHAL PERFORMING ARTS CENTER, CHARLOTTE BALLET, OPERA CAROLINA, CHARLOTTE SYMPHONY, CHARLOTTE MECKLENBURG LIBRARY, UNIVERSITIES AND COLLEGES, AND OTHERS. MINT STAFF MEMBERS RELATE TO THEIR PEERS THROUGH VARIOUS NATIONAL GROUPS, INCLUDING THE SOUTHEASTERN MUSEUMS CONFERENCE, THE AMERICAN ALLIANCE OF MUSEUMS, THE COLLEGE ART ASSOCIATION, AND THE ASSOCIATION OF ART MUSEUM CURATORS. THE MINT CONTRIBUTES ANNUALLY TO THE REGIONAL ECONOMY THROUGH EMPLOYMENT, SALES, AND TAXES. SALARIES AND WAGES FOR MINT EMPLOYEES AMOUNT TO APPROXIMATELY $5.8M ANNUALLY, WHILE CONTRACT FEES TOTAL APPROXIMATELY $2.6M. PAID TAXES ARE APPROXIMATELY $701K, WHICH INCLUDE PAYROLL, LOCAL, STATE, AND FEDERAL TAXES. THE MINT'S SPECIAL EVENTS AND SHOPS REVENUE AMOUNTS TO APPROXIMATELY $2.4M ANNUALLY, AND THESE EFFORTS SERVE AS IMPORTANT VENUES FOR LOCAL BUSINESSES (CATERERS, EVENT PLANNERS, VENDORS) TO PARTNER AND THRIVE. FINALLY, 926 ANNUAL VOLUNTEERS OFFER A KEY RESOURCE, RESULTING IN AN ANNUAL COST SAVINGS OF APPROXIMATELY $110K BASED UPON THE CURRENT HOURLY VOLUNTEER RATE OF $23.56 PER HOUR. 11267629 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 229 0 1 101 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 23 23 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NC X X GARY BLANKEMEYER 7043372000 2730 RANDOLPH ROAD CHARLOTTE NC 28207 MILTON PRIME IMMEDIATE PAST CHAIR 1.00 X 0 0 0 DAVID HOUSTON TREASURER 1.00 X X 0 0 0 ARMANDO CHARDIET TRUSTEE 1.00 X 0 0 0 BETH QUARTAPELLA CHAIR 1.00 X X 0 0 0 CHARLOTTE WICKHAM TRUSTEE 1.00 X 0 0 0 JESS SIDHOM TRUSTEE 1.00 X 0 0 0 WESTON ANDRESS TRUSTEE 1.00 X 0 0 0 JILL KELLY CHAIR, MMCD&F BOARD 1.00 X 0 0 0 ALICIA BARNES TRUSTEE 1.00 X 0 0 0 JULIE EISELT TRUSTEE 1.00 X 0 0 0 LINDSAY MCCULLOUGH TRUSTEE 1.00 X 0 0 0 EVGENIYA EZHOVA TRUSTEE 1.00 X 0 0 0 LUCY HARDISON TRUSTEE 1.00 X 0 0 0 SARAH GORDON TRUSTEE 1.00 X 0 0 0 JAMES MCLELLAN TRUSTEE 1.00 X 0 0 0 POSEY MEALY TRUSTEE 1.00 X 0 0 0 SIDNEY ECHEVARRIA CHAIR, MMA COLLECTIONS BOARD 1.00 X 0 0 0 RICHARD PAYNE JR TRUSTEE 1.00 X 0 0 0 ROCKY TRENKELBACH TRUSTEE 1.00 X 0 0 0 MATTHEW MOORE TRUSTEE 1.00 X 0 0 0 STEPHANIE BISSELL TRUSTEE 1.00 X 0 0 0 SHANNON SMITH TRUSTEE 1.00 X 0 0 0 DR TODD A HERMAN PRESIDENT & CEO 40.00 X 361552 0 49994 GARY C BLANKEMEYER COO/CFO 40.00 X 211339 0 27753 HILLARY COOPER CHIEF ADVANCEMENT OFFICER 40.00 X 137004 0 3112 CLAYTON SEALEY SR. DIR. OF MARKETING & COMMUNICATIONS 40.00 X 129849 0 11305 JENNIFER SUDUL EDWARDS CHIEF CURATOR 40.00 X 153981 0 54705 AMY TRIBBLE DIR. OF CORP. RELATIONS & ADVANCEMENT 40.00 X 100938 0 10061 EBONY HOUSE BRADSHAW DIR. OF HUMAN RESOURCES 40.00 X 112089 0 10050 1206752 0 166980 7 0 1 0 SUNSTATES SECURITY LLC 801 CORPORATE CENTER DR RALEIGH NC 27607 SECURITY SERVICES 828383 THE BUDD GROUP INC 2325 STRATFORD RD WINSTONSALEM NC 27103 HOUSEKEEPING/LANDSCAPING 358414 BIZ TECHNOLOGY SOLUTIONS INC 253 OATES RD MOORESVILLE NC 28117 IT SERVICES 170956 3 235197 33700 127993 5013077 59913 5409967 MUSEUM ADMISSIONS 900099 509153 509153 EXHIBITION RENTALS 900099 243414 243414 EDUCATIONAL PROGRAMS 611710 34095 34095 786662 20460 20460 1185237 0 1185237 1185237 1185237 697986 33700 256543 441443 441443 674576 324259 350317 350317 ALCOHOL SALES 722320 694735 694735 87155 87155 781890 8975976 1136979 694735 1734295 X 660539 330270 246564 83705 4223178 3342282 394384 486512 103944 89965 2079 11900 595082 451678 75859 67545 340529 257496 43334 39699 27409 27409 49876 49876 2310983 1825029 354604 131350 125596 123471 2125 690222 457684 132976 99562 592314 515341 69308 7665 395766 299264 50363 46139 8931 3828 5103 1994531 1910690 53818 30023 111847 39705 72142 ACCESSIONS AND CONSERVA 760246 760246 SPECIAL EVENTS 291587 291216 371 EXHIBITIONS RENTAL/INST 289386 286338 3048 RECEPTIONS/MEMBER SERVI 194076 21409 172667 342005 261717 77232 3056 14108047 11267629 1660595 1179823 974898 0 266379 90137 277224 319284 390774 456013 382948 445872 581244 873246 66993488 25457332 43350550 41536156 1020021 977544 29553335 49279240 2586935 2393015 79384308 96370507 1192559 955762 779881 331822 78923 43888 2051363 1331472 X 4269015 3924219 73063930 91114816 77332945 95039035 79384308 96370507 X -5132071 2016369 20821792 X X 0 1 X 1 0 X 5323732 6399647 8608670 6441238 5409967 32183254 1641852 1641852 1641852 1641852 1641852 8209260 6965584 8041499 10250522 8083090 7051819 40392514 1729585 38662929 710992 373748 761814 1412225 1205697 4464476 150396 32988 352741 522255 526593 1584973 9037 29882 87155 126074 46568037 6724581 0.83020 0.82340 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 44379003 31156 4362041 2912887 45859313 42943771 437435 2949338 1951541 44379003 46226370 2302210 -4903887 680922 42943771 36438097 431805 10950622 1594154 46226370 37697329 306921 380036 1946189 36438097 1.00000 1 0 58649445 19910202 38739243 5743603 3624624 2118979 2470753 1922506 548247 129687 129687 41536156 BENEFICIAL INTERESTS IN TRUSTS 30567615 F FOUNDATION FOR THE MINT MUSEUM 18711625 F 49279240 CAPITAL LEASE OBLIGATIONS 43888 43888 X 16061609 2016369 1641852 3477288 7135509 8926100 49876 49876 8975976 16280825 1641852 580802 2222654 14058171 49876 49876 14108047 PART III, LINE 1A: IN ACCORDANCE WITH GAAP AND THE PRACTICE TYPICALLY FOLLOWED BY MUSEUMS, EXHIBITS AND ART OBJECTS PURCHASED AND DONATED ARE NOT INCLUDED IN THE ACCOMPANYING CONSOLIDATED STATEMENTS OF FINANCIAL POSTION. EVEN THOUGH NOT REPORTED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS, THE MUSEUM'S COLLECTION REPRESENTS ONE OF ITS MOST VALUABLE ASSETS. THE MUSEUM'S COLLECTIONS CONSIST OF ART OBJECTS AND ARTIFACTS OF HISTORICAL SIGNIFICANCE THAT ARE HELD FOR CURATORIAL AND EDUCATIONAL PURPOSES. THE COLLECTION IS KEPT UNDER CURATORIAL CARE, WHICH INCLUDES CONSERVATION PRACTICES, AND IS SUBJECT TO THE MUSEUM'S POLICY THAT REQUIRES PROCEEDS FROM THE SALE OF COLLECTION ITEMS TO BE USED ONLY FOR ACQUISITION OF ADDITIONAL COLLECTIONS. THE MUSEUM DOES NOT RECOGNIZE AS A CONTRIBUTION ANY INCOME FROM DONATED COLLECTION ITEMS, AS ITS COLLECTIONS ARE NOT CAPITALIZED. PART III, LINE 4: THE MINT MUSEUM COMPRISES TWO FACILITIES (MINT MUSEUM RANDOLPH AND MINT MUSEUM UPTOWN) AND NEARLY 35,000 OBJECTS IN ITS COLLECTION, ONE OF THE LARGEST COLLECTIONS IN THE SOUTHEAST. MINT MUSEUM RANDOLPH, ORIGINALLY CONSTRUCTED IN 1936, HOUSES THE MINT'S DECORATIVE ARTS, FASHION, ART OF THE ANCIENT AMERICAS, AND EUROPEAN, AFRICAN, ASIAN, AND NATIVE AMERICAN COLLECTIONS. THE MINT MUSEUM UPTOWN HOUSES THE INTERNATIONALLY-RENOWNED MINT MUSEUM OF CRAFT + DESIGN, AS WELL AS OUTSTANDING COLLECTIONS OF AMERICAN, CONTEMPORARY, AND EUROPEAN ART. DESIGNED BY MACHADO AND SILVETTI ASSOCIATES OF BOSTON, THE FIVE-STORY, 145,000 SQUARE-FOOT FACILITY COMBINES INSPIRING ARCHITECTURE WITH GROUNDBREAKING EXHIBITIONS TO PROVIDE VISITORS WITH UNPARALLELED EDUCATIONAL AND CULTURAL EXPERIENCES. LOCATED IN THE HEART OF UPTOWN CHARLOTTE, THE MINT MUSEUM UPTOWN IS AN INTEGRAL PART OF LEVINE CENTER FOR THE ARTS, A CULTURAL CAMPUS THAT INCLUDES THE BECHTLER MUSEUM OF MODERN ART, THE HARVEY B. GANTT CENTER FOR AFRICAN-AMERICAN ARTS + CULTURE, THE KNIGHT THEATER, AND THE DUKE ENERGY CENTER. PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS ARE USED FOR A VARIETY OF PURPOSES TO SUPPORT THE MINT'S PROGRAMS. THE ENDOWMENT BALANCES REPORTED IN PART V OF FORM 990 INCLUDE ENDOWMENT FUNDS HELD BY A SUPPORTING ORGANIZATION, FOUNDATION FOR THE MINT MUSEUM, WHICH EXISTS TO SUPPORT THE OPERATIONS OF THE MINT MUSEUM. THE PERCENTAGES REPORTED FOR PERMANENT ENDOWMENTS INCLUDES AMOUNTS THAT MUST BE MAINTAINED IN PERPETUITY AS WELL AS ACCUMULATED EARNINGS ON SUCH AMOUNTS THAT HAVE NOT YET BEEN APPROPRIATED FOR EXPENDITURE. PART X, LINE 2: THE MUSEUM IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE MUSEUM RECORDS LIABILITIES FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN WHEN THOSE POSITIONS ARE DEEMED UNCERTAIN TO BE UPHELD IN AN EXAMINATION BY TAXING AUTHORITIES. NO LIABILITIES FOR UNCERTAIN INCOME TAX POSITIONS WERE RECORDED AS OF JUNE 30, 2024 AND 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSES 256,543. COST OF GOODS SOLD 324,259. CHANGE IN BENEFICIAL INTEREST IN TRUSTS 2,896,486. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSES 256,543. COST OF GOODS SOLD 324,259. SPRING GALA FY23 731686 33700 697986 104464 54240 29350 68489 731686 33700 697986 104464 54240 29350 68489 256543 441443 1 X X 0 0 0 0 0 0 0 0 0 DR TODD A HERMAN PRESIDENT & CEO 361552 0 0 0 0 0 26790 0 23204 0 411546 0 0 0 GARY C BLANKEMEYER COO/CFO 211339 0 0 0 0 0 17046 0 10707 0 239092 0 0 0 JENNIFER SUDUL EDWARDS CHIEF CURATOR 153981 0 0 0 0 0 23051 0 31654 0 208686 0 0 0 X 108 X 5 59913 FMV 0 1 1 PART I, LINE 32B: THE MINT USES OUR BANKING INSTITUTION, WELLS FARGO SECURITIES, TO PROCESS STOCK CONTRIBUTIONS. SCHEDULE M, LINE 33: IN ACCORDANCE WITH GAAP, THE MUSEUM DOES NOT RECOGNIZE AS A CONTRIBUTION ANY INCOME FROM DONATED COLLECTION ITEMS AS ITS COLLECTIONS ARE NOT CAPITALIZED. DURING THIS FISCAL YEAR, THE MUSEUM RECEIVED 108 WORKS OF ART VALUED AT $1,621,750. FORM 990, PART VI, SECTION A, LINE 7A THE MAYOR AND CITY COUNCIL OF THE CITY OF CHARLOTTE MAY EACH APPOINT A TRUSTEE FOR THREE-YEAR TERMS ENDING AT THE DATE OF THE ANNUAL OR SUBSTITUTE ANNUAL MEETING OF THE MEMBERS OF THE CORPORATION. ANY VACANCY OCCURRING IN THE MEMBERS OF THE BOARD OF TRUSTEES APPOINTED BY THE MAYOR OR THE CITY COUNCIL SHALL BE FILLED ONLY BY THE MAYOR OR THE CITY COUNCIL, RESPECTIVELY. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD FINANCE AND INVESTMENT COMMITTEE REVIEWS AND APPROVES THE FORM 990 PRIOR TO SUBMITTING IT TO THE IRS. THE FULL BOARD OF TRUSTEES RECEIVES A PUBLIC DISCLOSURE COPY OF THE FORM 990 TO PROTECT THE PRIVACY OF THE ORGANIZATION'S DONORS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT EACH YEAR. THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES THE POLICY. IF AN ISSUE ARISES DURING THE YEAR, IT MUST BE BROUGHT TO THE BOARD'S ATTENTION. THE MEMBER WITH THE POTENTIAL ISSUE WILL RECUSE HIMSELF OR HERSELF FROM BOTH THE DISCUSSION AND VOTE. FORM 990, PART VI, SECTION B, LINE 15 EACH POSITION WITHIN THE MUSEUM IS EVALUATED AND ASSIGNED A "GRADE," WHICH IS IN TURN ASSOCIATED WITH A SALARY RANGE THAT IS UPDATED ANNUALLY BASED ON INFLATION AND OTHER ECONOMIC FACTORS. COMPENSATION FOR ALL STAFF POSITIONS FOR THE MUSEUM IS EVALUATED ANNUALLY THROUGH A PROCESS OF BENCHMARKING JOB DESCRIPTIONS/RESPONSIBILITIES WITH SIMILAR POSITIONS FOUND IN THE ASSOCIATION OF ART MUSEUM DIRECTORS' SALARY SURVEY, WHICH IS UPDATED ANNUALLY AND/OR THE "WAGE AND SALARY SURVEY" PUBLISHED BY THE EMPLOYERS' ASSOCIATION BIANNUALLY. THE PRESIDENT, CEO AND COO THEN REVIEW EACH POSITION'S COMPENSATION AS IT RELATES TO THE SALARY SURVEYS AND MAKE ADJUSTMENTS TO THE PAY ACCORDINGLY. THE PRESIDENT AND CEO'S SALARY AND BENEFITS PACKAGE IS ADJUSTED AND APPROVED BY THE FULL BOARD OF TRUSTEES AND DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE MUSEUM'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 1,825,029. MANAGEMENT AND GENERAL EXPENSES 354,604. FUNDRAISING EXPENSES 131,350. TOTAL EXPENSES 2,310,983. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST 2,896,486. TRANSFER IN OF ASSETS FROM FOUNDATION FOR THE MINT MUSEUM EIN: 20-2749804 17,925,306. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR. FOUNDATION FOR THE MINT MUSEUM 220 NORTH TRYON STREET CHARLOTTE NC 28202 202749804 SUPPORT MINT MUSEUM NC 501(C)(3) LINE 12A, I N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0