2026-08-06T13:09:01-05:00 2025-09-30 860683059 BEACHFLEISCHMAN PLLC 1985 E RIVER ROAD SUITE 201 TUCSON AZ 85718 990 2024-10-01 860111675 ARIZONA-SONORA DESERT MUSEUM ARIZ 5208831380 2021 NORTH KINNEY ROAD TUCSON AZ 857439719 HOLLIE COLAHAN EXECUTIVE DIRECTOR 5208831380 2026-07-30 1 1 MONICA A VERA CPA P01456278 5203214600 2026-07-30 2024 2025-03-06 01:10:19Z HOLLIE COLAHAN 2021 NORTH KINNEY ROAD TUCSON AZ 857439719 35287273 0 X WWW.DESERTMUSEUM.ORG X 1952 AZ SONORAN DESERT EDUCATION THROUGH ZOOLOGICAL, BOTANICAL, GEOLOGICAL, ART, AND CULTURAL PRESENTATIONS. 16 15 217 433 462879 196766 5712960 12282566 8095876 8426942 629258 1281871 1811321 1846423 16249415 23837802 0 0 0 0 8627356 9423944 0 89253 523724 6018240 5819159 14645596 15332356 1603819 8505446 66126728 78950261 2034323 1827955 64092405 77122306 X WE INSPIRE PEOPLE TO LIVE IN HARMONY WITH THE NATURAL WORLD BY FOSTERING LOVE, APPRECIATION, AND UNDERSTANDING OF THE SONORAN DESERT. 0 0 9557291 8378339 THE ARIZONA-SONORA DESERT MUSEUM IS A WORLD-RENOWNED BIOPARK COMPRISED OF MULTIPLE COMPONENTS, INCLUDING REGIONAL ZOO, BOTANICAL GARDEN, AQUARIUM, RESEARCH ORGANIZATION, ART INSTITUTE, AND NATURAL HISTORY MUSEUM. THE MUSEUM SITS ON 98 ACRES OF LEASED PROPERTY, 21 OF WHICH ARE ACCESSIBLE TO THE PUBLIC, WITH 2 MILES OF WALKING PATHS WHERE GUESTS VIEW EXHIBITS THAT REALISTICALLY RE-CREATE THE FLORA AND FAUNA OF THE VIBRANT SONORAN DESERT REGION. VISITORS MAY ENCOUNTER MORE THAN TWO HUNDRED ANIMAL SPECIES, CURATED GARDENS WITH OVER ONE THOUSAND VARIETIES OF PLANTS, TWO ART GALLERIES, AND A SIMULATED CAVE WITH A MINERAL GALLERY. THE MUSEUM IS OPEN FOR PUBLIC VISITATION EVERY DAY OF THE YEAR. SINCE ITS OPENING IN 1952, OVER 24 MILLION PEOPLE FROM AROUND THE WORLD HAVE VISITED THE MUSEUM. IN FISCAL YEAR 2025, ATTENDANCE AT THE MUSEUM WAS 393,926 VISITORS AND THERE WERE APPROXIMATELY 15,000 MEMBER HOUSEHOLDS. EXHIBITS AND GARDENS: THE MUSEUM'S LARGEST AND MOST IMPACTFUL PROGRAM IS ITS EXHIBITS AND GARDENS. THE MUSEUM MAINTAINS 21 INTERPRETED ACRES WITH TWO MILES OF WALKING PATHS THROUGH VARIOUS DESERT HABITATS, OVER TWO HUNDRED ANIMAL SPECIES, TENS OF THOUSANDS OF PLANT SPECIMENS FROM MORE THAN ONE THOUSAND TAXA, ONE OF THE WORLD'S MOST COMPREHENSIVE REGIONAL MINERAL COLLECTIONS, AND TWO ART GALLERIES. EXIT SURVEYS REVEAL THE IMPACT OF A DESERT MUSEUM VISIT: VISITORS TELL US THAT THEY LEARN ABOUT NEW SUBJECTS AND ISSUES, THEY FEEL CLOSER TO NATURE, AND THEY HAVE A DEEPER APPRECIATION FOR THE SONORAN DESERT AFTER THEIR VISIT. 1997213 953383 CONSERVATION, EDUCATION AND SCIENCE PROGRAMSSINCE ITS FOUNDING IN 1952, THE ARIZONA-SONORA DESERT MUSEUM HAS PUT CONSERVATION EDUCATION AND SCIENCE AT THE CORE OF ITS MISSION. FROM HELPING TO ESTABLISH PROTECTED ISLANDS AND COASTAL WETLANDS IN THE GULF OF CALIFORNIA, TO BREEDING AND REINTRODUCTION PROGRAMS FOR ENDANGERED SPECIES SUCH AS THE MEXICAN GRAY WOLF, THICK-BILLED PARROT, AND NUMEROUS FISH, AMPHIBIANS, AND REPTILES, TO DOCUMENTING THE BIODIVERSITY THAT HELPED ESTABLISH THE IRONWOOD FOREST NATIONAL MONUMENT, THE MUSEUM'S CONSERVATION ACTIVITIES HAVE BEEN WIDELY RECOGNIZED FOR MANY DECADES. OF EQUAL IMPORTANCE ARE THE MUSEUM'S EDUCATION PROGRAMS WHICH TOUCH NEARLY 200,000 PEOPLE EACH YEAR, INCLUDING CHILDREN AND FAMILIES. THESE PROGRAMS HELP TO FOSTER LOVE, APPRECIATION AND UNDERSTANDING OF OUR DESERT HOME. 635103 202710 ART INSTITUTETHE MISSION OF THE ASDM ART INSTITUTE IS "CONSERVATION THROUGH ART EDUCATION." WE SEEK TO ENGAGE PEOPLE IN NATURE-FOCUSED ART CLASSES AND INSPIRE NEW CONSERVATION ADVOCATES. TO THIS END, WE OFFER ART CLASSES, ART EXHIBITS, AND STEWARDSHIP OF THE MUSEUM'S ART COLLECTION. ART CLASSES:ART PROFESSIONALS TEACH ALL ART CLASSES, AND CLASS CONTENT EMPHASIZES OUR LIVING COLLECTIONS AND SONORAN DESERT SETTING. IN FISCAL YEAR 2025, THE ART INSTITUTE SERVED 1,261 STUDENTS ON-SITE. 27 INSTRUCTORS TAUGHT 174 DIFFERENT ART AND PHOTOGRAPHY CLASSES. FOUR STUDENTS GRADUATED FROM THE NATURE ART CERTIFICATE PROGRAM AND 112 BRAND NEW STUDENTS ENTERED THE PROGRAM. ON OUR WEBSITE, WE OFFER 10 FREE VIDEOS, VIEWED BY OVER 1,200 PEOPLE. WE ALSO PROVIDE A VIDEO CLASS SUBSCRIPTION SERVICE; IT CURRENTLY HAS 114 SUBSCRIBERS AND 258 VIDEOS.TOTAL AUDIENCE SERVED IN 2025: 2,575PERMANENT COLLECTION:VANISHING CIRCLES IS A PERMANENT ART COLLECTION COMPRISING 92 ORIGINAL PAINTINGS DEPICTING DISAPPEARING WILDLIFE, PLANTS, AND HABITATS OF THE SONORAN DESERT. IN ADDITION, THE MUSEUM HAS A SMALL PERMANENT COLLECTION OF 49 ART PIECES NAMED THE BALDWIN COLLECTION. WE ALSO HAVE A COLLECTION OF 73 WORKS BY SHERIDAN OMAN, 108 BY MANABU SAITO, AND 68 BY RHONDA SPENCER. IN 2020, WE ACQUIRED A COLLECTION OF 23 ORIGINAL SCRATCHBOARD PIECES BY PRISCILLA BALDWIN DEPICTING ANIMALS FROM THE MUSEUM. THIS COLLECTION IS NOW ON PERMANENT DISPLAY IN THE BALDWIN BUILDING. IN 2024 WE PURCHASED A SCULPTURE FOR THE GROUNDS CALLED "MORE BEES PLEASE" IT SERVES TO CALL AWARENESS TO OUR POLLINATOR GARDENS. IN 2025 THREE MORE PIECES BY PRISCILLA BALDWIN WERE DONATED TO THE COLLECTION.TOTAL PIECES IN THE ART COLLECTION IN 2025: 435GALLERY EXHIBITS:WE HOST 8 TO 12 UNIQUE ART EXHIBITS ANNUALLY IN THE IRONWOOD GALLERY AND BALDWIN EDUCATION GALLERY. THESE ART EXHIBITS SERVE THE MISSION OF THE DESERT MUSEUM BY REVEALING THE BEAUTY OF THE SONORAN HABITAT AND WILDLIFE TO OUR VISITORS THROUGH VISUAL ARTS. IN 2025, WE HAD 51,435 VISITORS IN OUR IRONWOOD GALLERIES AND 4,545 IN OUR BALDWIN GALLERIES. IN TOTAL, WE PRODUCED AND OPENED ELEVEN UNIQUE ART EXHIBITS. THESE LIVE SHOWS ARE AVAILABLE VIRTUALLY ON OUR WEBSITE, MAKING THEM ACCESSIBLE TO AUDIENCES WORLDWIDE.THIRTY-SIX VOLUNTEERS STAFF OUR GALLERIES. THEIR JOB IS TO FACILITATE ENGAGEMENT BETWEEN GUESTS AND EXHIBITS; THEY HELP VISITORS DEEPEN THEIR UNDERSTANDING OF THE INTERSECTION BETWEEN ART, SCIENCE, AND CONSERVATION.IN 2025, WE HOSTED A MUSEUM WIDE STEEL SCULPTURE EXHIBITION. THE ARTIST LOANED US THE FOUR INTERACTIVE STEEL SCULPTURES AT NO COST TO THE MUSEUM. 12189607 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 0 0 1 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 83 0 1 217 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 16 15 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X X AMANDA PERKINS CFO 5208833012 2021 NORTH KINNEY ROAD TUCSON AZ 857439719 CRAIG IVANYI EXECUTIVE DIRECTOR 40.00 X X 191066 0 30655 HOLLIE COLLAHAN EXECUTIVE DIRECTOR 40.00 X X 0 0 0 MICHAEL C BALDWIN TRUSTEE EMERITUS 2.00 X X 0 0 0 CHERYL CHARLES TRUSTEE 1.00 X 0 0 0 TERRIE CORRELL TRUSTEE 1.00 X 0 0 0 KELSEY DAYLE TRUSTEE 1.00 X 0 0 0 LILY GRAVES TRUSTEE 1.00 X 0 0 0 RUSKIN HARTLEY TRUSTEE 1.00 X 0 0 0 ABBY HUNGWE TRUSTEE 1.00 X 0 0 0 ANGELA FAITH LISTON TRUSTEE 1.00 X 0 0 0 LEE MCLAUGHLIN TRUSTEE 1.00 X 0 0 0 BEN A MINTEER TRUSTEE 1.00 X 0 0 0 MARY V PRICE TRUSTEE 1.00 X 0 0 0 CAITLIN RIGGS TRUSTEE 1.00 X 0 0 0 FRANK SLINGERLAND TRUSTEE 1.00 X 0 0 0 DAVID SMALLHOUSE TRUSTEE 1.00 X 0 0 0 RJAY TEJERA TRUSTEE 1.00 X 0 0 0 LISA K HARRIS IMMEDIATE PAST CHAIR 2.00 X X 0 0 0 ANNA HEYER CHAIR 2.00 X X 0 0 0 JANA SUTTON JD VICE CHAIR 2.00 X X 0 0 0 DAVID BAKER TREASURER 2.00 X X 0 0 0 CHRISTINE FLANAGAN SECRETARY 2.00 X X 0 0 0 BRIAN DENHAM CHIEF OPERATING OFFICER 40.00 X 131612 0 20852 AMANDA PERKINS CHIEF FINANCIAL OFFICER 40.00 X 118477 0 1232 LYNNAE WENKER DIRECTOR OF PHILANTHROPY 40.00 X 130559 0 13877 STEPHANE POULIN DIRECTOR OF COLLECTIONS AND EXHIBITS 40.00 X 113431 0 20763 685145 0 87379 5 0 1 0 SMYTH INDUSTRIES INC 4010 E ILLINOIS STREET TUCSON AZ 85714 CONSTRUCTION 1226396 SOUTH OF THE BORDER TOURS 7937 E CORONADO ROAD TUCSON AZ 85750 TOUR GUIDE SERVICES 291540 DARK HORSE MEDIA LLC 4441 E 5TH STREET TUCSON AZ 85711 MEDIA MARKETING 278616 MARK WRIGHT CONSTRUCTION INC 3326 N WINSTEL BLVD TUCSON AZ 85716 CONSTRUCTION 254657 DINO DON INC 1640 RIDLEY CREEK ROAD MEDIA PA 19063 EXHIBITION RENTALS 206000 13 222647 123926 441111 11494882 219077 12282566 ADMISSIONS 712110 5437350 5437350 MEMBERSHIP DUES 712110 1833499 1833499 EDUCATION 712110 953383 953383 ART INSTITUTE 712110 202710 202710 8426942 1076031 1076031 834 834 323570 33533 71590 0 251980 33533 285513 33533 251980 10500573 2000 10296733 0 203840 2000 205840 205840 119259 123926 103394 15865 15865 7375 0 7375 7375 2501132 977754 1523378 1060499 462879 OTHER MISC. REVENUE 713990 8411 8411 VENDING MACHINES 713990 5047 5047 13458 23837802 9534432 462879 1557925 684459 155455 529004 7058168 6022336 801753 234079 151861 124257 20482 7122 912247 769615 118287 24345 617209 500254 98758 18197 33828 29511 3460 857 49900 43532 5104 1264 89253 89253 92634 92634 684726 366273 318453 387400 15121 372279 722859 652150 2505 68204 183707 38449 86890 58368 1419 1419 721748 721748 372679 367463 4847 369 67859 35477 25421 6961 1201356 1178051 20783 2522 302972 297095 5241 636 OTHER EXPENSES 427673 349640 66486 11547 MAINTENANCE AND REPAIR 266906 266906 ANIMAL CARE 254855 254855 UBTI EXCISE TAX 46638 46638 15332356 12189607 2619025 523724 1999171 1432810 725179 1742874 361418 7304841 183476 77685 656719 739379 320102 228445 48515823 35284415 12370597 13231408 40633771 44082433 8876295 10110386 66126728 78950261 962255 883247 1015830 898444 56238 46264 2034323 1827955 X 43002375 47314482 21090030 29807824 64092405 77122306 66126728 78950261 8505446 4524455 0 X 0 1 X 1 0 X 11200316 18733920 5088956 5610366 12170423 52803981 112299 96345 85025 102594 112143 508406 11312615 18830265 5173981 5712960 12282566 53312387 14452311 38860076 718792 1245849 1299624 1564973 1400435 6229673 37221 353249 329190 237598 221006 1178264 60720324 44453176 0.64000 0.68660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 1 31615392 8350597 3537341 2221095 73266 41208969 26740108 1769817 4930245 1721049 103729 31615392 23336201 2072916 2334977 943278 60708 26740108 23331734 4006085 -4091116 -178176 88678 23336201 12889577 3812346 1821511 -4878495 70195 23331734 0.75000 0.25000 0.00000 0 0 226500 226500 42242284 31284404 10957880 4411626 3974962 436664 1635413 25049 1610364 13231408 ASSETS HELD IN CHARITABLE TRUSTS 9901441 BENEFICIAL INTEREST IN PERPETUAL TRUST 162681 OPERATING LEASE ASSET 46264 10110386 OPERATING LEASE LIABILITY 46264 46264 X 28367147 4524455 1301 4525756 23841391 92634 -96223 -3589 23837802 15337246 1301 96223 97524 15239722 92634 92634 15332356 PART III, LINE 1A: THE COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE MUSEUM'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED, OR AS DECREASES IN NET ASSETS WITH DONOR RESTRICTIONS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS. PROCEEDS FROM DE-ACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. PART III, LINE 4: THE MUSEUM'S COLLECTIONS CONSIST SUBSTANTIALLY OF LIVING AND NONLIVING NATURAL HISTORY OBJECTS RELATED TO THE MUSEUM'S INTERPRETIVE REGION (THE SONORAN DESERT AND ADJACENT HABITATS). COLLECTIONS ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC AND CURATORIAL PURPOSES. WITH THE EXCEPTION OF CERTAIN FREE-LIVING ORGANISMS, COLLECTIONS ARE CATALOGUED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. OBJECTS ARE DEACCESSIONED ACCORDING TO THEIR VALUE AND REPLACEABILITY. LIVING PLANTS AND ANIMALS FOR WHICH THERE IS NO FORESEEABLE FUTURE NEED ARE DONATED TO OTHER ACCREDITED INSTITUTIONS. NO SIGNIFICANT COLLECTION ITEMS WERE DEACCESSIONED DURING THE YEAR ENDED SEPTEMBER 30, 2025. PART V, LINE 4: THE MUSEUM'S BOARD DESIGNATED RESERVES AND ENDOWMENTS CONSIST OF INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE ENDOWMENTS INCLUDE BOTH DONOR-RESTRICTED FUNDS, AND AS REQUIRED BY GAAP, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. PART X, LINE 2: ASC 740 FOOTNOTE FROM FINANCIAL STATEMENTS: THE MUSEUM IS EXEMPT FROM INCOME TAXES UNDER BOTH FEDERAL (INTERNAL REVENUE CODE SECTION 501(C)(3)) AND ARIZONA INCOME TAX LAWS, AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION UNDER INTERNAL REVENUE CODE SECTION 509(A)(1). INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE MUSEUM'S TAX-EXEMPT PURPOSE, HOWEVER, MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS TAXABLE INCOME (UBTI). THE MUSEUM IS REQUIRED TO FILE INFORMATIONAL RETURNS FOR FEDERAL AND STATE PURPOSES AND, IF IT HAS UBTI, FEDERAL AND STATE INCOME TAX RETURNS. FROM TIME TO TIME, THE MUSEUM MAY BE SUBJECT TO PENALTIES AND INTEREST ASSESSED BY VARIOUS TAXING AUTHORITIES, WHICH ARE CLASSIFIED AS ADMINISTRATION EXPENSES, IF THEY OCCUR. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -71,590. SPECIAL EVENT EXPENSES -16,694. PLANT PURCHASES -7,939. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 71,590. SPECIAL EVENT EXPENSES 16,694. PLANT PURCHASES 7,939. PART III, LINE 5: IN ADDITION TO ITEMS DONATED FOR ITS COLLECTIONS, THE MUSEUM RECEIVES DONATIONS OF ART AND SIMILAR ASSETS TO BE AUCTIONED AT ITS ANNUAL GALA. NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES EDUCATIONAL TRIPS TO DIFFERENT REGIONS IN MEXICO 145010 0 0 0 0 0 0 145010 0 145010 0 0 0 0 0 0 PART I, LINE 3: ACCRUAL METHOD 1 THE ANGELETTI GROUP 365 SOUTH STREET MORRISTOWN NJ 07960 CAMPAIGN FEASIBILITY STUDY 0 0 89253 -89253 89253 -89253 GALA 202380 123926 78454 31016 23530 3624 28530 WINE DOWN 40805 40805 7337 1150 8207 243185 123926 119259 31016 30867 4774 36737 103394 15865 X 1 1 X X X 0 0 0 0 0 0 0 0 0 CRAIG IVANYI EXECUTIVE DIRECTOR 188948 0 0 0 2118 0 6220 0 24435 0 221721 0 0 0 BRIAN DENHAM CHIEF OPERATING OFFICER 131362 0 0 0 250 0 5372 0 15480 0 152464 0 0 0 PART I, LINE 1A GIFT CARDS WERE GROSSED UP FOR PAYROLL TAXES AND ADDED TO WAGES. X 4 40956 NYSE X 6 20270 ESTIMATES X WATER 1 112143 MUNICIPAL WATER RATE X AUCTION ITEMS 107 30696 ESTIMATES X OTHER 277 15012 ESTIMATES 0 1 1 PART I, COLUMN (B): PART I, COLUMN (B) REPORTS THE NUMBER OF CONTRIBUTIONS RATHER THAN THE NUMBER OF ITEMS RECEIVED. PART I, LINE 32B: ORGANIZATION USES A THIRD PARTY TO ACCEPT AND PROCESS DONATED VEHICLES. FORM 990, PART I, LINE 6 THE ORGANIZATION UTILIZED 433 VOLUNTEERS, WHICH INCLUDE 15 BOARD MEMBERS, 8 BOARD COUNCIL ADVISORS, 170 DOCENTS, AND 240 OTHER VOLUNTEERS. OUR DOCENTS AND VOLUNTEERS ASSIST GUESTS WITH WAYFINDING AND EDUCATION ABOUT OUR MISSION, COLLECTIONS, AND SONORAN DESERT SETTING. DURING 2025, DOCENTS CONTRIBUTED OVER 32,500 HOURS IN INTERPRETIVE AND EDUCATIONAL PROGRAMS ON MUSEUM GROUNDS AND IN SOUTHERN ARIZONA COMMUNITIES. OTHER VOLUNTEERS CONTRIBUTED APPROXIMATELY 54,000 HOURS IN SERVING AS CLERICAL AND LIBRARY AIDES, GREETERS, BOTANY AND GEOLOGY ASSISTANTS, AND IN VARIOUS OTHER CAPACITIES. FORM 990, PART VI, SECTION A, LINE 6 THERE IS ONE CLASS OF MEMBERS, ALL OF WHOM HAVE THE SAME VOTING RIGHTS, WHICH ARE TO ELECT NEW TRUSTEES BY BALLOT. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT TRUSTEES BY BALLOT. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF FORM 990 WITH SCHEDULE B DONOR NAMES AND ADDRESSES REDACTED IS GIVEN TO THE MEMBERS OF THE FINANCE COUNCIL. THE MEMBERS OF THE FINANCE COUNCIL, ALONG WITH THE CEO AND CFO, REVIEW ALL SCHEDULES AND NARRATIVES FOR ACCURACY AND COMPLETENESS. AFTER REVIEW OF THE DRAFT BY THE FINANCE COUNCIL, A COPY OF FORM 990 WITH SCHEDULE B DONOR NAMES AND ADDRESSES REDACTED IS FORWARDED TO ALL BOARD MEMBERS PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C NEW MEMBERS OF THE BOARD OF TRUSTEES AND NEW EMPLOYEES ARE REQUIRED TO REVIEW A COPY OF THE CONFLICT OF INTEREST POLICY AND ACKNOWLEDGE IN WRITING THAT S/HE HAS DONE SO. ANNUALLY, EACH BOARD MEMBER COMPLETES A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIP, POSITIONS, OR CIRCUMSTANCES IN WHICH S/HE IS INVOLVED THAT COULD CONTRIBUTE TO A CONFLICT OF INTEREST ARISING. PRIOR TO BOARD OF TRUSTEES OR COMMITTEE ACTION ON A CONTRACT OR TRANSACTION INVOLVING A CONFLICT OF INTEREST, A DIRECTOR OR COMMITTEE MEMBER HAVING A CONFLICT OF INTEREST AND WHO IS IN ATTENDANCE AT THE MEETING SHALL DISCLOSE ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. BOARD MEMBERS WHO HAVE A CONFLICT OF INTEREST ARE NOT PERMITTED TO PARTICIPATE OR HEAR THE BOARD OF TRUSTEES OR COMMITTEE'S DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE THE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. AN EMPLOYEE WHO IS NOT A MEMBER OF THE BOARD OF TRUSTEES DISCLOSES TO HIS/HER SUPERVISOR ANY CONFLICT OF INTEREST THAT SUCH EMPLOYEE HAS WITH RESPECT TO A CONTRACT OR TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY THE MANAGEMENT EVALUATION COUNCIL, WHICH CONSISTS OF THE CHAIR OF THE BOARD, THE VICE-CHAIR, AND THE CHAIRPERSON OF THE FINANCE COUNCIL AND SUCH OTHER TRUSTEES AS MAY BE APPOINTED BY THE BOARD. THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED ON AN ANNUAL BASIS USING BOTH LOCAL ANNUAL COMPENSATION SURVEY DATA AS WELL AS THE COMPENSATION SURVEY DATA PROVIDED BY VARIOUS APPLICABLE SALARY SURVEYS. THE CHIEF FINANCIAL OFFICER'S COMPENSATION IS CALCULATED USING SALARY GRADES THAT REPRESENT A SIMILAR POSITION ALIKE IN RESPONSIBILITY AND SCOPE AND ARE BASED ON A NUMBER OF FACTORS INCLUDING AVERAGE MARKET PAY, THE MUSEUM'S ABILITY TO PAY, AND INTERNAL EQUITY. SALARY GRADES ARE ESTABLISHED BASED ON THE COMPETITIVE MARKET USING VARIOUS APPLICABLE SALARY SURVEYS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.