2024-05-09T18:17:59-05:00 2023-06-30 946214841 ARMANINO LLP 2700 CAMINO RAMON STE 350 SAN RAMON CA 945835004 990 2022-07-01 941704765 ASIAN ART MUSEUM FOUNDATION OF SAN FRANCISCO ASIA 4155813500 200 LARKIN STREET SAN FRANCISCO CA 941024734 MATTHEW AYOTTE CONTROLLER 4155813730 2024-05-09 1 MATTHEW AYOTTE 999009999 1 KATY BROWN P00650274 9257902600 2024-05-09 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MATTHEW AYOTTE 200 LARKIN STREET SAN FRANCISCO CA 941024734 52129727 0 X WWW.ASIANART.ORG X 1969 CA THE ASIAN ART MUSEUM CELEBRATES, PRESERVES, AND PROMOTES ASIAN AND (CONTINUED ON SCHEDULE O)ASIAN AMERICAN ART AND CULTURES FOR LOCAL AND GLOBAL AUDIENCES. WE PROVIDE A DYNAMIC FORUM FOR EXCHANGING IDEAS, INVITING COLLABORATION, AND FUELING IMAGINATION TO DEEPEN UNDERSTANDING AND EMPATHY AMONG PEOPLE OF ALL BACKGROUNDS. 45 45 179 251 15966 12129 28174980 26166275 2544545 1416378 4042402 2398250 679054 718543 35440981 30699446 0 0 0 0 18716008 19271347 0 0 3803021 16790277 18894287 35506285 38165634 -65304 -7466188 252285486 243074364 81169363 78164691 171116123 164909673 X THE ASIAN ART MUSEUM CELEBRATES, PRESERVES, AND PROMOTES ASIAN AND ASIAN AMERICAN ART AND CULTURES FOR LOCAL AND GLOBAL AUDIENCES. WE PROVIDE A DYNAMIC FORUM FOR EXCHANGING IDEAS, INVITING COLLABORATION, AND FUELING IMAGINATION TO DEEPEN UNDERSTANDING AND EMPATHY AMONG PEOPLE OF ALL BACKGROUNDS. 0 0 21705392 1665449 THE MUSEUM IS ONE OF SAN FRANCISCO'S PREMIER ARTS INSTITUTIONS AND HOME TO A WORLD-RENOWNED COLLECTION OF MORE THAN 18,000 ART TREASURES SPANNING 6,000 YEARS OF HISTORY AND REPRESENTING COUNTRIES AND CULTURES THROUGHOUT ASIA. THE COLLECTION'S SCOPE AND BREADTH ENABLE THE MUSEUM TO INTRODUCE ALL OF THE MAJOR TRADITIONS OF ASIAN ART AND CULTURE, AS WELL AS THE WORK OF MANY ASIAN AMERICAN ARTISTS. MORE THAN 2,500 ARTWORKS FROM THE COLLECTION ARE GENERALLY ON VIEW IN THE MUSEUM'S 33 COLLECTION GALLERIES, WITH ANOTHER 500 OBJECTS REMOVED AND REFRESHED WITH WORKS FROM STORAGE EACH YEAR. 1152374 11880 THE MUSEUM PROVIDES A BROAD RANGE OF PROGRAMS THAT EXPLORE THE CULTURES REPRESENTED IN THE MUSEUM'S COLLECTION AND EXHIBITIONS, AND WHICH ARE DESIGNED TO REACH ALL LEVELS OF EDUCATION (K-12, COLLEGE, AND ADULT) AND AWARENESS OF ART (NOVICE THROUGH EXPERT). FREE DOCENT-LED TOURS OF THE COLLECTION GALLERIES AND SPECIAL EXHIBITIONS ARE CONDUCTED THROUGHOUT THE DAY. THE MUSEUM'S STORYTELLING CORPS OFFERS ENTERTAINING AND EDUCATIONAL PROGRAMS FOR CHILDREN AND ADULTS RELATING TO ARTWORKS ON VIEW. SCHOOL PROGRAMS INCLUDE A VARIETY OF INDUSTRY-BASED ACTIVITIES: ALL CLASS TOURS ARE INTERACTIVE AND EMPHASIZE OBSERVATION SKILLS, CRITICAL THINKING, GROUP WORK, AND PEER PRESENTATIONS. 4050037 158860 SEEING GENDERJAN 21, 2022 SEP 5, 2022LOOK AT THE MUSEUM'S COLLECTION THROUGH A NEW LENS WITH SEEING GENDER, A FOCUSED SELECTION THAT REVEALS THE COMPLEXITIES AND NUANCES OF GENDER ACROSS ASIAN ART.CARLOS VILLA JUN 17, 2022 OCT 24, 2022CARLOS VILLA: WORLDS IN COLLISION CELEBRATES THE EXUBERANT WORK AND ENDURING INFLUENCE OF SAN FRANCISCO ARTIST CARLOS VILLA (1936 2013). THE FIRST MAJOR MUSEUM RETROSPECTIVE DEDICATED TO THE WORK OF A FILIPINO AMERICAN ARTIST, THIS GROUNDBREAKING EXHIBITION SHOWS US VILLA NOT ONLY AS ONE OF THE MOST IMPORTANT ARTISTS OF HIS GENERATION, BUT ALSO AS A TEACHER, CURATOR, ACTIVIST, AND COMMUNITY ORGANIZER.INTO VIEW: BERNICE BINGOCT 7, 2022 DEC 4, 2023DISCOVER THE LIFE, CAREER, AND COMMUNITY OF MODERN ARTIST BERNICE "BINGO" BING (19361998), A SAN FRANCISCO ORIGINAL.BEARING WITNESS: SELECTED WORKS BY CHIURA OBATAOCT 20, 2022 FEB 27, 2023BEARING WITNESS INVITES AUDIENCES TO FOLLOW THE EVOLUTION OF CHIURA OBATA'S DISTINCTIVE BLENDING OF JAPANESE TECHNIQUES WITH MODERN ABSTRACTION, FROM SOME OF HIS EARLIEST WATERCOLORS DEPICTING THE AFTERMATH OF THE 1906 EARTHQUAKE, TO HIS FAMOUS PRINTS OF CALIFORNIA LANDSCAPES, TO HIS SOMBER CONSIDERATION OF WORLD WAR II'S DEVASTATION.DELIGHTFUL LUXURY: THE ART OF CHINESE LACQUERNOV 17, 2022 NOV 19, 2023EXPLORE HIGHLIGHTS FROM THE MUSEUM'S SUPERB COLLECTION OF CHINESE LACQUER, INCLUDING COURT ACCESSORIES, SCHOLARS' OBJECTS, LUXURY ITEMS, AND HOUSEHOLD FURNITURE.KONGKEE: WARRING STATES CYBERPUNKNOV 18, 2022 JAN 23, 2023EXPLORE AN IMMERSIVE ANIMATED FUTURIST FANTASY PART COMIC BOOK, PART MOTION PICTURE MAKING ITS DAZZLING NORTH AMERICAN DEBUT.CHINESE INK PAINTINGS: A SELECTION OF MODERN MASTERSDEC 15, 2022 OCT 9, 2023HIGHLIGHTS FROM THE COLLECTION DEMONSTRATE THE CROSS-CULTURAL INFLUENCES BROUGHT BY MODERN MASTERS TO TRADITIONAL CHINESE INK PAINTING. COLOR TRIP: YOSHIDA HODAKA'S MODERN PRINTSDEC 16, 2022 MAY 1, 2023DEFYING TRADITION WITH NON-TRADITIONAL TECHNIQUES AND DIVERSE INFLUENCES FROM HIS TRAVELS AROUND THE WORLD, YOSHIDA HODAKA OPENED NEW FRONTIERS IN JAPANESE PRINTMAKING.PAST CONTINUOUS TENSEDEC 16, 2022 DEC 11, 2023IN A GALLERY-SPANNING INSTALLATION, VANCOUVER-BASED ARTIST LAM TUNG PANG SYNTHESIZES A MILLENNIUM OF CHINESE, KOREAN, AND JAPANESE NATURE SCENES SCALED UP FROM THE PICTURE PAGE TO NEAR LIFE SIZE.BEYOND BOLLYWOOD: 2000 YEARS OF DANCE IN ARTMAR 31, 2023 JUL 10, 2023A JOURNEY FOR THE MIND, BODY, AND SENSES THROUGH TWO MILLENNIA OF ART INSPIRED BY DANCE FROM SOUTH AND SOUTHEAST ASIA AND THE HIMALAYAS. HELL: ARTS OF ASIAN UNDERWORLDSJUN 16, 2023 SEP 18, 2023FROM THE HUMOROUS TO THE GROTESQUE, SEE THE MANY WAYS THAT ASIAN CULTURES HAVE ENVISIONED THE REALM OF THE CONDEMNED OVER TIME. 26907803 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 1 0 1 0 0 1 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 102 0 1 179 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 45 45 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 CA X X MATTHEW AYOTTE CONTROLLER 4155813500 200 LARKIN STREET SAN FRANCISCO CA 941024734 FRED M LEVIN CHAIR 1.00 X X 0 0 0 SALLE YOO PRESIDENT 1.00 X X 0 0 0 YOGEN DALAL VICE PRESIDENT 1.00 X X 0 0 0 GORRETTI LO LUI SECRETARY 1.00 X X 0 0 0 KENNETH P WILCOX TREASURER 1.00 X X 0 0 0 AGGIE BRENNEMAN TRUSTEE 1.00 X 0 0 0 AKIKO YAMAZAKI TRUSTEE 1.00 X 0 0 0 ANN TANENBAUM TRUSTEE 1.00 X 0 0 0 ANTHONY SUN TRUSTEE 1.00 X 0 0 0 ANJALI PICAHI TRUSTEE 1.00 X 0 0 0 CHARLES HUANG TRUSTEE 1.00 X 0 0 0 CHONG-MOON LEE TRUSTEE 1.00 X 0 0 0 CHOONGJA MARIA KAHNG TRUSTEE 1.00 X 0 0 0 CLAUDINE CHENG TRUSTEE 1.00 X 0 0 0 CORI BATES TRUSTEE 1.00 X 0 0 0 DIPTI MATHUR TRUSTEE 1.00 X 0 0 0 DIXON R DOLL TRUSTEE 1.00 X 0 0 0 ELIZA CASH TRUSTEE 1.00 X 0 0 0 FRED EYCHANER TRUSTEE 1.00 X 0 0 0 HANSONG ZHANG TRUSTEE 1.00 X 0 0 0 HUIFEN CHAN TRUSTEE 1.00 X 0 0 0 INA GOODWIN TATEUCHI TRUSTEE 1.00 X 0 0 0 JENNIFER KAO TRUSTEE 1.00 X 0 0 0 JOHN MAA TRUSTEE (LEFT 03/23) 1.00 X 0 0 0 KAPIL CHHIBBER TRUSTEE 1.00 X 0 0 0 KIKI KAPANY TRUSTEE 1.00 X 0 0 0 LATA KRISHNAN TRUSTEE 1.00 X 0 0 0 MARSHA VARGAS HANDLEY TRUSTEE 1.00 X 0 0 0 MARTHA SAM HERTELENDY TRUSTEE 1.00 X 0 0 0 MICHELE ALIOTO TRUSTEE 1.00 X 0 0 0 MICHELLE S TAI TRUSTEE 1.00 X 0 0 0 MIMI GARDNER GATES TRUSTEE 1.00 X 0 0 0 MINDY LIN SUN TRUSTEE 1.00 X 0 0 0 NANCI NISHIMURA TRUSTEE 1.00 X 0 0 0 PEHONG CHEN TRUSTEE 1.00 X 0 0 0 RICHARD YEN TRUSTEE 1.00 X 0 0 0 SANDRA CHEUNG TRUSTEE 1.00 X 0 0 0 SONGYEE YOON TRUSTEE 1.00 X 0 0 0 TAO DODSON TRUSTEE 1.00 X 0 0 0 TIFFANY CHANG TRUSTEE 1.00 X 0 0 0 TIMOTHY F KAHN TRUSTEE 1.00 X 0 0 0 TRAVIS KIYOTA TRUSTEE 1.00 X 0 0 0 VAISHALI CHADHA TRUSTEE 1.00 X 0 0 0 VARSHA RAO TRUSTEE 1.00 X 0 0 0 VASANT PRABHU TRUSTEE 1.00 X 0 0 0 VIJAY SHRIRAM TRUSTEE 1.00 X 0 0 0 JAY XU DIRECTOR & CEO 40.00 X 583431 0 75477 SARA LEE CHIEF FINANCIAL OFFICER 40.00 X 251324 0 12790 ROB MINTZ DEPUTY DIRECTOR OF ART & PROGRAMS 40.00 X 224313 0 55124 BANAFSHEH PERRONE CHIEF OF STAFF 40.00 X 209015 0 27363 YAEL EYTAN CHIEF MARKETING & COMMUNICATIONS OFFICER 40.00 X 200049 0 25084 FORREST MCGILL SENIOR CURATOR 40.00 X 167680 0 51789 LIA M MAKSOUD DIRECTOR OF HUMAN RESOURCES 40.00 X 166791 0 13581 ALISON H MUNDY SENIOR DIRECTOR OF DEVELOPMENT 40.00 X 163122 0 15673 KO KO ZIN BUILDING & GROUNDS MAINTENANCE SUPERINTENDANT 40.00 X 162588 0 54772 CALEN MCELDOWNEY DIRECTOR OF SECURITY & FACILITIES 40.00 X 159027 0 50082 2287340 0 381735 38 0 1 0 J RICCARDO EVENTS STYLING IN 1055 CALIFORNIA ST 2 SAN FRANCISCO CA 94108 EVENT PRODUCTION 525000 LENAT & PARTNERS INC 522 EDINBURGH ST SAN MATEO CA 94402 ADVERTISING 377326 CB2BUILDERS 505 BEACH ST 210 SAN FRANCISCO CA 94133 CONSTRUCTION 296474 AKA NYC LIMITED 321 W 44TH ST 401 NEW YORK NY 10036 ADVERTISING 202124 UOVO LLC PO BOX 989746 WEST SACRAMENTO CA 95798 SHIPPING 197124 15 1621502 1503362 11185133 11856278 1279998 26166275 ADMISSION REVENUE 713990 1247727 1247727 ARTWORK EXHIBITION LOA 713990 90720 90720 PUBLICATION REVENUE 713990 51250 51250 OTHER REVENUE 713990 20838 20838 TOUR REVENUE 713990 5843 5843 1416378 2038705 15966 2022739 7266 7266 463050 115163 347887 347887 347887 20645059 20285514 359545 359545 359545 367450 1503362 611944 -244494 -244494 837471 417660 419811 419811 MISCELLANEOUS INCOME 900099 178620 178620 CAFE 722515 9453 9453 188073 30699446 1836189 15966 2681016 1749822 1089410 443523 216889 13104825 8728425 2903366 1473034 1196484 828568 180236 187680 2124714 1463092 352175 309447 1095502 778574 153435 163493 111997 111997 123930 31602 89849 2479 217527 217527 2569921 2267444 302477 639550 561706 4954 72890 470874 228148 236377 6349 544768 295221 243460 6087 2103258 1261866 841180 212 230716 206814 7365 16537 21919 18023 689 3207 3514281 2412898 584506 516877 4945805 3395780 822601 727424 841893 707435 130848 3610 ACQUISITION 477536 477536 SHIPPING/FREIGHT 453238 347561 14046 91631 SUPPLIES 423325 360619 58203 4503 PRINTING/PUBLICATION 336858 331960 4898 866891 785597 80622 672 38165634 26907803 7454810 3803021 9073 8873 8094219 3536381 5150828 4884400 467305 861853 337967 692188 197863514 82936556 114746694 114926958 76782444 79351820 46696956 38787242 0 24649 252285486 243074364 4030822 4115219 655367 172460 76483174 73877012 81169363 78164691 X 90394721 86771059 80721402 78138614 171116123 164909673 252285486 243074364 -7466188 1199081 60657 0 X 0 1 X 1 0 X 32476911 37746835 24997838 28174980 26226932 149623496 32476911 37746835 24997838 28174980 26226932 149623496 6273884 143349612 2635958 2260764 1584345 1885162 2493055 10859284 10521 14053 17747 16720 15966 75007 38105 712 46830 9453 95100 160652887 10805696 0.89230 0.89390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 78956377 2770393 -804129 2881910 78040731 82553706 6345697 -6697440 3246586 78955377 71538541 -1479384 14753858 2259309 82553706 67928984 6599088 -1826979 1162552 71538541 60985984 4595000 3536000 1188000 67928984 0.10490 0.69920 0.19590 0 0 181243254 67560866 113682388 12726393 11899313 827080 3893867 3476377 417490 114926958 INVESTMENTS - LIMITED PARTNERSHIP 4240242 F INVESTMENTS - HELD IN TRUST 775414 F INVESTMENTS - HEDGE FUND INVESTMENTS 13080050 F INVESTMENTS - OTHER INVESTMENTS 20691536 F 38787242 X PART III, LINE 1A: THE MUSEUM'S PERMANENT COLLECTIONS REPRESENT MORE THAN 40 ASIAN COUNTRIES AND SPAN 6,000 YEARS OF ASIAN HISTORY. OBJECTS ARE HELD FOR EDUCATIONAL, RESEARCH, AND CURATORIAL PURPOSES. UNDER THE MUSEUM'S COLLECTIONS MANAGEMENT POLICY, ALL OBJECTS ARE CATALOGUED, PRESERVED, AND PROVIDED WITH ONGOING CARE. ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED REGULARLY. TITLE TO THE PERMANENT COLLECTION OF WORKS OF ART RESTS WITH THE CITY. IF ACCEPTED INTO THE PERMANENT COLLECTION, DONATED ART OBJECTS BECOME THE PROPERTY OF THE CITY AND ARE NOT RECORDED IN THE MUSEUM'S COMBINED FINANCIAL STATEMENTS. PURCHASES OF ART ARE RECORDED AS AN EXPENSE IN THE MUSEUM'S COMBINED STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS. THE MUSEUM DEACCESSIONS OBJECTS DEEMED NO LONGER RELEVANT TO THE PERMANENT COLLECTION IN ACCORDANCE WITH THE MUSEUM'S COLLECTIONS MANAGEMENT POLICY. PROCEEDS FROM DEACCESSIONS ARE USED TO ACQUIRE OTHER OBJECTS FOR THE COLLECTION. PART III, LINE 4: THE MUSEUM'S PERMANENT COLLECTIONS REPRESENT MORE THAN 40 ASIAN COUNTRIES AND SPAN 6,000 YEARS OF ASIAN HISTORY. OBJECTS ARE FOR EDUCATIONAL, RESEARCH, AND CURATORIAL PURPOSES. UNDER THE MUSEUM'S COLLECTIONS MANAGEMENT POLICY, ALL OBJECTS ARE CATALOGUED, PRESERVED, AND PROVIDED WITH ONGOING CARE. PART V, LINE 4: THE MUSEUM'S ENDOWMENT FUND CONSISTS OF INDIVIDUAL DONOR-RESTRICTED ENDOWMENT FUNDS. THE NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. AMOUNTS WITHDRAWN FROM THE ENDOWMENT UNDER THE ENDOWMENT SPENDING POLICY ARE FOR THE MUSEUM'S PROGRAMS AND OPERATING EXPENSES, ALLOCATED IN ACCORDANCE WITH THE RESTRICTIONS PERTAINING TO THOSE FUNDS. THE TIMING AND AMOUNTS OF WITHDRAWALS ARE DETERMINED BY THE MUSEUM'S MANAGEMENT IN CONSULTATION WITH THE BUDGET AND FINANCE COMMITTEE AND THE EXECUTIVE COMMITTEE. INVESTMENT-RELATED EXPENSES ARE CHARGED SEPARATELY AGAINST THE ENDOWMENT. PART X, LINE 2: THE MUSEUM HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED TAX-EXEMPT ORGANIZATION THAT IS EXEMPT FROM FEDERAL TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FROM CALIFORNIA FRANCHISE AND/OR INCOME TAXES UNDER REVENUE AND TAXATION CODE SECTION 23701(D). THE MUSEUM BELIEVES THAT NO LIABILITIES ARE REQUIRED TO ACCRUE FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023. EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 INVESTMENTS 1132245 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS 2892876 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 INVESTMENTS 12236748 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 INVESTMENTS 91386 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 INVESTMENTS 633080 MIDDLE EAST AND NORTH AFRICA 0 0 INVESTMENTS 18737 0 0 0 0 0 0 17005072 0 17005072 0 0 1 1 1 0 PART III ACCOUNTING METHOD: TIGER GALA 1593312 1503362 89950 36256 575688 1593312 1503362 89950 36256 575688 611944 -521994 X X X X X 0 0 0 0 0 0 0 0 0 JAY XU DIRECTOR & CEO 510613 0 72818 0 0 0 50375 0 25102 0 658908 0 0 0 ROB MINTZ DEPUTY DIRECTOR OF ART & PROGRAMS 224313 0 0 0 0 0 43171 0 11953 0 279437 0 0 0 SARA LEE CHIEF FINANCIAL OFFICER 251324 0 0 0 0 0 12790 0 0 0 264114 0 0 0 BANAFSHEH PERRONE CHIEF OF STAFF 209015 0 0 0 0 0 10488 0 16875 0 236378 0 0 0 YAEL EYTAN CHIEF MARKETING & COMMUNICATIONS OFF 200049 0 0 0 0 0 10140 0 14944 0 225133 0 0 0 FORREST MCGILL SENIOR CURATOR 167680 0 0 0 0 0 31932 0 19857 0 219469 0 0 0 KO KO ZIN BUILDING & GROUNDS MAINTENANCE SUPER 162588 0 0 0 0 0 32572 0 22200 0 217360 0 0 0 CALEN MCELDOWNEY DIRECTOR OF SECURITY & FACILITIES 159027 0 0 0 0 0 30625 0 19457 0 209109 0 0 0 LIA M MAKSOUD DIRECTOR OF HUMAN RESOURCES 166791 0 0 0 0 0 3323 0 10258 0 180372 0 0 0 ALISON H MUNDY SENIOR DIRECTOR OF DEVELOPMENT 163122 0 0 0 0 0 5415 0 10258 0 178795 0 0 0 A CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY 352273601 2011-02-11 96985000 REFUND BONDS ISSUED 2/3/2005 0 0 0 A 22875000 96985000 6473584 1439 96983561 2016 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 1 0 0 1 MORGAN GUARANTY TRUST CO 29.000000000000 1 0 1 A 1 SCHEDULE K, PART IV: INTERIM ARBITRAGE REBATE COMPUTATION WAS PERFORMED: 7/25/23 SCHEDULE K, PART IV, LINE 5: THE GROSS PROCEEDS WERE INVESTED INTO 2 GICS. NAME OF THE PROVIDER: .MORGAN GUARANTY TRUST CO;BANK OF AMERICA TERM OF GIC: RESERVE-29YR; CONSTRUCTION-2YR X 9 1278731 FMV X 1 1266 FMV 0 0 1 0 PART I, COLUMN (B): THIS NUMBER REPRESENTS THE NUMBER OF CONTRIBUTORS, NOT THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE OFFICE MAKES AVAILABLE AND SENDS THE PUBLIC DISCLOSURE COPY OF THE FORM 990 TO THE AUDIT COMMITTEE OF THE FOUNDATION BOARD FOR REVIEW AND APPROVAL BEFORE FILING. WE ALSO SEND THE PUBLIC DISCLOSURE COPY OF THE FORM 990 TO THE FULL FOUNDATION BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY COVERS BOARD MEMBERS AND STAFF. TRUSTEES ARE ASKED TO INFORM THE BOARD IN ADVANCE AND AS FULLY AS PRACTICABLE OF ANY TRANSACTIONS WITH THE MUSEUM OR THROUGH A BUSINESS RELATIONSHIP WITH AN ASIAN ART COMMISSIONER OR A FOUNDATION TRUSTEE IN WHICH THEY HAVE AN ECONOMIC INTEREST IN ORDER FOR THE TRUSTEES TO REVIEW AND APPROVE OR DISAPPROVE THE TRANSACTION. IF A CONFLICT IS DETERMINED TO EXIST, THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS AND THE PUBLIC DISCLOSURE COPY OF FORM 990S ARE POSTED TO THE ASIAN ART MUSEUM WEBSITE. ALL OTHER INFORMATION IS PROVIDED TO THE PUBLIC UPON REQUEST. CHARITABLE REMAINDER TRUSTS (3) INVESTMENT CA N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0