2024-05-14T19:26:48-05:00 2023-06-30 330310569 HASKELL & WHITE LLP 300 SPECTRUM CENTER DR STE 300 IRVINE CA 92618 990 2022-07-01 330106161 CHARLES W BOWERS MUSEUM CORPORATION CHAR 7145673600 2002 N MAIN STREET SANTA ANA CA 92706 THUY NGUYEN VICE PRESIDENT OF FINANCE/CFO 7145673600 2024-05-14 1 THUY NGUYEN 999009999 0 RICK SMETANKA P01677376 9494506200 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z THUY NGUYEN 2002 N MAIN STREET SANTA ANA CA 92706 10625183 0 X WWW.BOWERS.ORG X 1992 CA THE BOWERS MUSEUM ENRICHES LIVES THROUGH THE WORLD'S FINEST ARTS AND CULTURES. 27 27 80 250 0 0 5841154 6859973 593469 861908 973922 858804 866512 1370001 8275057 9950686 0 0 0 0 2799271 3103484 0 0 348370 2284903 2665597 5084174 5769081 3190883 4181605 25485661 31014741 756455 775361 24729206 30239380 THE BOWERS MUSEUM ENRICHES LIVES THROUGH THE WORLD'S FINEST ARTS AND CULTURES. 0 0 1429643 683113 EXHIBITIONSIN ADDITION TO THE LONG-TERM EXHIBITION OF A SMALL PORTION OF THE MUSEUM'S PERMANENT COLLECTION, THE MUSEUM ORGANIZES OR ARRANGES FOR SHORT-TERM CHANGING EXHIBITIONS OF OBJECTS REFLECTING AN ASPECT OF THE MUSEUM'S MISSION TO INCREASE THE VISITOR'S AWARENESS AND APPRECIATION OF THE ARTISTIC TRADITIONS OF OTHER CULTURES. 1983017 178795 EDUCATION AND PUBLIC PROGRAMSTHE MUSEUM OPERATES ITS CHILDREN'S HANDS-ON ART AND ACTIVITIES CENTER KNOWN AS KIDSEUM. IN ADDITION TO COMMUNITY OUTREACH ACTIVITIES, PROGRAMS OCCURRING AT INTRODUCES CHILDREN AND PARENTS TO THE ART AND CUSTOMS OF CULTURES AROUND THE WORLD BOTH PAST AND PRESENT. THE MUSEUM ALSO ATTEMPTS TO MAKE ITSELF MORE ACCESSIBLE TO THE SURROUNDING COMMUNITY BY CONDUCTING IN-CLASSROOM PRESENTATIONS AND MAINTAINING A PROGRAM OF TRAVEL TRUNKS AND TREASURE CHESTS FILLED WITH CULTURAL ARTIFACTS AND OTHER SIGNIFICANT OBJECTS FOR USE IN THE CLASSROOM. THE MUSEUM ALSO HAS A 300 SEAT AUDITORIUM WHERE MOVIES ARE SHOWN AND LECTURES ARE GIVEN TO COINCIDE WITH THE CURRENT EXHIBITS. 512619 RESEARCH AND COLLECTIONSTHE MUSEUM MAINTAINS A COLLECTION OF APPROXIMATELY 90,000 OBJECTS. OVER THE YEARS, THE MUSEUM HAS ACQUIRED SIGNIFICANT HOLDINGS OF NORTH AMERICAN INDIAN, PRE-COLUMBIAN, AFRICAN, AND OCEANIC CULTURAL ART AND ARTIFACTS. ACTIVITIES SURROUNDING THIS COLLECTION INCLUDE RESTORATION, PRESERVATION AND REGISTRATION OF ALL RELEVANT DATA ON COMPUTERIZED DATABASE. ONGOING RESEARCH AND CATALOGUING EFFORTS HAVE PRODUCED NUMEROUS PUBLICATIONS AND ARTICLES. THE MUSEUM HOLDS THE MOST SIGNIFICANT COLLECTION OF MCCLOSKEY PAINTINGS IN THE WORLD. THE MUSEUM HAS ESTABLISHED A WEBSITE AND HAS AMBITIOUS PLANS TO MAKE AVAILABLE OVER THAT MEDIUM IMAGES AND INFORMATION OF INTEREST TO THE GENERAL PUBLIC AND SCHOLAR ALIKE. 3925279 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 45 0 80 1 0 0 0 0 0 0 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 0 1 1 0 CA X THUY NGUYEN VICE PRESIDENT OF FINANCECFO 7145673622 2002 N MAIN STREET SANTA ANA CA 92706 JANIS J AGOPIAN DIRECTOR 1.00 X 0 0 0 D DIANE ANDERSON DIRECTOR 1.00 X 0 0 0 CHARLIE COKER DIRECTOR 1.00 X 0 0 0 MEI YEN CHANG DIRECTOR 1.00 X 0 0 0 JOHN CHA DIRECTOR 1.00 X 0 0 0 MARY CRAMER DIRECTOR 1.00 X 0 0 0 KAREN CROWE DIRECTOR 1.00 X 0 0 0 BARRY W GERNSTEIN DIRECTOR 1.00 X 0 0 0 JIM Y C HSU DIRECTOR 1.00 X 0 0 0 HELEN KING DIRECTOR 1.00 X 0 0 0 S L HUANG DIRECTOR 1.00 X 0 0 0 KATHERINE CONE KECK DIRECTOR 1.00 X 0 0 0 JOHN H LEE DIRECTOR, VICE CHAIR 1.00 X X 0 0 0 WILLIAM H LYON DIRECTOR 1.00 X 0 0 0 ELIZABETH NITTA MAXSON DIRECTOR 1.00 X 0 0 0 LINDA C MOY DIRECTOR 1.00 X 0 0 0 DR NARENDRA PARSON DIRECTOR 1.00 X 0 0 0 RONALD C PIETERSMA DIRECTOR 1.00 X 0 0 0 ROBERT RONUS DIRECTOR,TREASURER 1.00 X X 0 0 0 ANNE SHIH DIRECTOR,BOARD CHAIR 1.00 X X 0 0 0 ZEHRA E SUN DIRECTOR 1.00 X 0 0 0 DR M LINDA SUTHERLAND DIRECTOR 1.00 X 0 0 0 MARY TU DIRECTOR 1.00 X 0 0 0 CHARLIE ZHANG DIRECTOR 1.00 X 0 0 0 GINNY DAVIES DIRECTOR 1.00 X 0 0 0 ROBIN LIU DIRECTOR 1.00 X 0 0 0 JOHN M LEE DIRECTOR 1.00 X 0 0 0 PETER KELLER PRESIDENT & CEO 40.00 X 572981 0 10079 THUY NGUYEN VICE PRESIDENT OF FINANCE/ 40.00 X 177938 0 17230 750919 0 27309 2 0 1 0 0 457423 3031482 3371068 6859973 ADMISSIONS - TICKETS 900099 683113 683113 ADMISSION - PROGRAMS 900099 178795 178795 861908 858804 858804 489475 70660 418815 418815 418815 597065 197898 399167 399167 914539 405939 508600 508600 CONCESSIONS/PARKING 900099 43419 43419 43419 9950686 1832742 0 1257971 X 976164 165211 810953 1652103 1395330 186372 70401 87989 45596 39957 2436 217042 148715 60376 7951 170186 114496 50705 4985 645299 323846 214553 106900 172939 153745 272 18922 163385 129546 13411 20428 612913 582739 19913 10261 32308 18343 5728 8237 3212 365 2847 82562 71179 11383 182487 166868 15619 55747 48140 7607 OTHER EXPENSE 287389 215560 2913 68916 EXHIBIT COSTS 219142 219142 REPAIRS AND MAINTENANCE 208214 126458 64206 17550 5769081 3925279 1495432 348370 1002546 2732074 1341500 341500 209190 181532 264814 415311 4422451 1823768 2552587 2598683 17175429 21715039 2935332 3026339 4263 4263 25485661 31014741 524005 670723 212450 84638 20000 20000 756455 775361 X 11849700 15255972 12879506 14983408 24729206 30239380 25485661 31014741 4181605 1328569 0 X 0 1 X 1 0 X 3299096 2598199 3336478 5841502 6859973 21935248 835663 510464 903336 1132478 1832742 5214683 4134759 3108663 4239814 6973980 8692715 27149931 280000 896423 559884 1736307 0 280000 896423 559884 1736307 25413624 765336 841870 640616 973922 858804 4080548 765336 841870 640616 973922 858804 4080548 4900095 3950533 4880430 7947902 9551519 31230479 0.81370 0.80920 0.13070 0.14680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 10305438 2047760 12353198 12945914 255000 -2895476 10305438 2628731 500 10316683 12945914 2618481 10500 250 2628731 2614406 8000 3926 2618480 0.78000 0.22000 0 0 1300000 1300000 1188973 382201 806772 963252 654385 308867 970226 787182 183044 2598683 LIMITED PARTNERSHIPS 3026339 F 3026339 DEPOSITS 20000 20000 11953843 1328569 674588 2003157 9950686 0 9950686 6443578 674497 674497 5769081 0 5769081 PART XI, LINE 2D - OTHER ADJUSTMENTS: GALLERY STORE - COST OF GOODS SOLD 405,939. RENTAL EXPENSES 70,660. DIRECT FUND RAISING EXPENSES 197,989. PART XII, LINE 2D - OTHER ADJUSTMENTS: GALLERY STORE - COST OF GOODS SOLD 405,939. RENTAL EXPENSES 70,660. DIRECT FUND RAISING EXPENSES 197,898. PART III- LINE 1A F/S FOOTNOTE FOR ART, TREASURES, ETC. THE MUSEUM'S PERMANENT ART COLLECTION IS OWNED PARTLY BY THE CITY AND PARTLY BY THE MUSEUM. IN CONFORMITY WITH INDUSTRY PRACTICE, ART OBJECTS DONATED ARE NOT INCLUDED IN THE MUSEUM'S FINANCIAL STATEMENTS. PURCHASE OF OBJECTS FOR PERMANENT COLLECTION ARE EXPENSED IN THE YEAR ACQUIRED. THE COST OF ALL OBJECTS PURCHASED IS REPORTED AS CURATORIAL EXPENSE. DURING THE YEAR ENDED JUNE 30 2022, PURCHASES OF ART WERE NOT MATERIAL. PART III, LINE 4- DESCRIPTION OF ORGANIZATION THE MUSEUM MAINTAINS A COLLECTION OF APPROXIMATELY 90,000 OBJECTS. OVER THE YEARS, THE MUSEUM HAS ACQUIRED SIGNIFICANT HOLDINGS OF NORTH AMERICAN INDIAN, PRE-COLUMBIAN, AFRICAN, AND OCEANIC CULTURAL ART AND ARTIFACTS. ACTIVITIES SURROUNDING THE COLLECTION INCLUDE RESTORATION, PRESERVATION, AND REGISTRATION OF ALL RELEVANT DATA ON A COMPUTERIZED DATABASE. ONGOING RESEARCH AND CATALOGING EFFORTS HAVE PRODUCED NUMEROUS PUBLICATIONS AND ARTICLES. THE MUSEUM HAS ESTABLISHED A WEBSITE AND HAS AMBITIOUS PLANS TO MAKE AVAILABLE OVER THE INTERNET, IMAGES AND INFORMATION OF INTEREST TO THE GENERAL PUBLIC AND SCHOLARS. PART X, LINE 2 - TEXT OF FINANCIAL STATEMENT FOOTNOTE THE MUSEUM IS A CALIFORNIA NONPROFIT CORPORATION AND IS EXEMPT FROM TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS ALSO EXEMPT FROM STATE FRANCHISE TAXES. IN ACCORDANCE WITH ASC TOPIC NO. 740, UNCERTAINTY IN INCOME TAXES, THE MUSEUM RECOGNIZES THE IMPACT OF TAX POSITIONS IN THE FINANCIAL STATEMENTS IF THAT POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT BASED ON THE TECHNICAL MERITS OF THE POSITION. DURING THE YEAR ENDED JUNE 30, 2023, THE MUSEUM PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AND DID NOT IDENTIFY ANY MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS, OR WHICH MAY HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS AND TO DATE HAS NOT RECORDED ANY UNCERTAIN TAX POSITIONS. ANNUAL GALA 597065 597065 75058 14950 107890 0 597065 597065 75058 14950 107890 197898 399167 X X 0 0 0 0 0 0 0 0 0 PETER KELLER PRESIDENT & CEO 332231 0 240750 0 0 0 7408 0 2671 0 583060 0 0 0 THUY NGUYEN VICE PRESIDENT OF FINANCE/ 177938 0 0 0 0 0 11210 0 6020 0 195168 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM BASED ON INFORMATION PROVIDED BY MUSEUM STAFF. A COPY OF THE TAX RETURN IS PROVIDED TO THE VP OF FINANCE/CFO AND THE AUDIT COMMITTEE CHAIRMAN FOR THEIR REVIEW. A COPY OF THE RETURN IS PROVIDED TO ALL BOARD MEMBERS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY WHEN THEY INITIALLY JOIN THE BOARD. THE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS IS IN CHARGE OF MONITORING ALL POTENTIAL CONFLICTS OF INTEREST. IF A CONFLICT OF INTEREST ARISES, THE INTEREST OF THE DIRECTOR IS PUT ON RECORD AND THE DIRECTOR WILL BE EXCUSED DURING THE DISCUSSION OF THE MATTER AND THE VOTING PROCESS. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PRESIDENT WAS DETERMINED AT THE TIME BY THE HIRING COMMITTEE. THE COMPENSATION COMMITTEE ANNUALLY REVIEWS THE COMPENSATION OF THE PRESIDENT AND TOP MANAGEMENT AND RECOMMENDATIONS ARE APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. NO OTHER DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 323,846. MANAGEMENT AND GENERAL EXPENSES 214,553. FUNDRAISING EXPENSES 106,900. TOTAL EXPENSES 645,299.