2024-05-15T14:19:00-05:00 2023-06-30 381357951 PLANTE & MORAN PLLC 2601 CAMBRIDGE CT STE 300 AUBURN HILLS MI 48326 990 2022-07-01 381359510 THE DETROIT INSTITUTE OF ARTS DETR 3138337900 5200 WOODWARD AVENUE DETROIT MI 482024008 KATE SPRATT CFO/TREASURER 3138337900 2024-05-15 1 KATE SPRATT 999009999 1 AMY CIMINELLO P00796388 2483757100 2024-05-02 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z KATE SPRATT 5200 WOODWARD AVENUE DETROIT MI 482024008 162447401 0 X WWW.DIA.ORG X 1885 MI THE DIA CREATES EXPERIENCES THAT HELP EACH VISITOR FIND PERSONAL MEANING IN ART. 42 42 542 560 102107 0 71159011 54617133 1816136 5877441 5073127 9046247 1377765 1702618 79426039 71243439 0 0 0 0 21533223 24909551 0 0 3848686 25632309 32723525 47165532 57633076 32260507 13610363 519986739 574828169 12830894 16309125 507155845 558519044 THE DIA CREATES EXPERIENCES THAT HELP EACH VISITOR FIND PERSONAL MEANING IN ART AND WITH EACH OTHER. 0 0 19732965 121882 STEWARDSHIP, CARE, ACCESS, PRESERVATION AND ACQUISITION OF THE COLLECTION: THE DETROIT INSTITUTE OF ARTS IS AMONG THE TOP ENCYCLOPEDIC MUSEUMS IN THE UNITED STATES. CORE TO DIA'S STEWARDSHIP ACTIVITIES IS THE LONG-TERM CARE AND PRESERVATION OF THE COLLECTION. THE DIA PROVIDES ACCESS TO WORKS OF ART THROUGH INNOVATIVE GALLERY INSTALLATIONS, WORLD-CLASS EXHIBITIONS, SCHOLARSHIP, INTERPRETATION, AND PUBLICATIONS. THE DIA PURCHASES OBJECTS INTENDED TO ENHANCE THE ARTISTIC QUALITY OF ITS COLLECTION AND TO BE RELEVANT TO OUR COMMUNITIES. PURCHASED ACQUISITIONS USE RESTRICTED FUNDS ESTABLISHED THROUGH DONATIONS TO THE MUSEUM. FY23 ACQUISITIONS AMOUNTED TO $7,260,549. THE DIA ACQUIRES ART OBJECTS THROUGH GIFTS TO THE MUSEUM FROM DONORS. FY23 GIFTS AMOUNTED TO $1,064,443. 18291322 6799069 AUDIENCE ENGAGEMENT: FROM THE FIRST VAN GOGH PAINTING TO ENTER A U.S. MUSEUM TO DIEGO RIVERA'S WORLD-RENOWNED "DETROIT INDUSTRY" MURALS, THE DIA PROVIDES VISITOR-FOCUSED, EXPERIENCES. VISITORS EXPERIENCE TOURS IN THE GALLERIES, SPECIAL EXHIBITIONS, LIVE MUSIC, FILMS, ART-MAKING AND FAMILY PROGRAMS. THE DIA IS COMMITTED TO CELEBRATING THE ARTS THROUGHOUT THE REGION, MOST NOTABLY WITH THE NATIONALLY ACCLAIMED INSIDE/OUT INSTALLATIONS OF HIGH-QUALITY REPRODUCTIONS PLACED IN LOCAL COMMUNITIES. 3007795 2230 EDUCATION: THE DIA IS A LEADER IN EDUCATION, PROVIDING FREE K-12 FIELD TRIPS TO ONE OF THE NATION'S BEST ART MUSEUMS. THE DIA HOSTS MORE THAN 45,000 ANNUALLY. STUDENTS GET A UNIQUE OPPORTUNITY TO SEE WORLD-RENOWNED ARTWORK, HISTORY AND CULTURE NOT FOUND IN CLASSROOMS TODAY. ENGAGEMENT STRATEGIES INCLUDE CRITICAL THINKING SKILLS, HANDS-ON ACTIVITIES, WRITING, ROLE PLAYING, DIALOGUE AND TEAM BUILDING. A MENU OF 13 GUIDED EXPERIENCES HELP TEACHERS DETERMINE WHICH MUSEUM EXPERIENCE BEST REINFORCE CURRICULUM LEARNING OUTCOMES. MORE THAN 1,300 TEACHERS ANNUALLY ATTEND DIA WORKSHOPS THAT PROMOTE ARTS ENRICHMENT EXPERIENCES FOR STUDENTS. 41032082 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 0 1 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 158 0 1 542 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 42 42 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MI X X KATE SPRATT 3138337900 5200 WOODWARD AVE DETROIT MI 48202 EUGENE A GARGARO JR CHAIRMAN 20.00 X 0 0 0 RALPH J GERSON VICE CHAIR 3.00 X 0 0 0 RHONDA D WELBURN VICE CHAIR 3.00 X 0 0 0 CYNTHIA N FORD SECRETARY 3.00 X 0 0 0 BRYAN C BARNHILL BOARD MEMBER 2.00 X 0 0 0 ANN E BERMAN BOARD MEMBER 2.00 X 0 0 0 DR CHARLES BOYD BOARD MEMBER 2.00 X 0 0 0 RICHARD A BRODIE BOARD MEMBER 2.00 X 0 0 0 DENISE BROOKS-WILLIAMS BOARD MEMBER 2.00 X 0 0 0 LANE COLEMAN BOARD MEMBER 2.00 X 0 0 0 MARY CULLER BOARD MEMBER 2.00 X 0 0 0 JOANNE DANTO BOARD MEMBER 2.00 X 0 0 0 BLAKE ELLIS BOARD MEMBER 2.00 X 0 0 0 LAWRENCE GARCIA BOARD MEMBER 2.00 X 0 0 0 CHRISTINE GIAMPETRONI BOARD MEMBER 2.00 X 0 0 0 THOMAS GUASTELLO BOARD MEMBER 2.00 X 0 0 0 SONIA HASSAN BOARD MEMBER 2.00 X 0 0 0 HASSAN K JABER BOARD MEMBER 2.00 X 0 0 0 CHARLEY JACKSON BOARD MEMBER 2.00 X 0 0 0 ROBERT JACOBS BOARD MEMBER 2.00 X 0 0 0 DAVID P LARSEN BOARD MEMBER 2.00 X 0 0 0 BONNIE ANN LARSON BOARD MEMBER 2.00 X 0 0 0 MATTHEW B LESTER BOARD MEMBER 2.00 X 0 0 0 JOHN D LEWIS BOARD MEMBER 2.00 X 0 0 0 DR HUBERT W MASSEY BOARD MEMBER 2.00 X 0 0 0 NANCY MITCHELL BOARD MEMBER 2.00 X 0 0 0 ALI MOIIN BOARD MEMBER 2.00 X 0 0 0 TAKASHI OMITSU BOARD MEMBER 2.00 X 0 0 0 MARSHA L PHILPOTMUSIC BOARD MEMBER 2.00 X 0 0 0 DAMON PORTER BOARD MEMBER 2.00 X 0 0 0 JUDITH PRICHETT BOARD MEMBER 2.00 X 0 0 0 CHRISTINE PROVOST BOARD MEMBER 2.00 X 0 0 0 W FAIR RADOM BOARD MEMBER 2.00 X 0 0 0 DINA RICHARD BOARD MEMBER 2.00 X 0 0 0 TONY SAUNDERS BOARD MEMBER 2.00 X 0 0 0 RENETA C SEALS BOARD MEMBER 2.00 X 0 0 0 PAULA F SILVER BOARD MEMBER 2.00 X 0 0 0 MICHAEL SIMCOE BOARD MEMBER 2.00 X 0 0 0 LORNA THOMAS BOARD MEMBER 2.00 X 0 0 0 JASON E TINSLEY BOARD MEMBER 2.00 X 0 0 0 PADMA VATTIKUTI BOARD MEMBER 2.00 X 0 0 0 KIMBERLY WIEGAND BOARD MEMBER 2.00 X 0 0 0 LILLIAN DEMAS BOARD MEMBER - PARTIAL YEAR 2.00 X 0 0 0 MARLA DONOVAN BOARD MEMBER - PARTIAL YEAR 2.00 X 0 0 0 JOHN HANTZ BOARD MEMBER - PARTIAL YEAR 2.00 X 0 0 0 JENNIFER HUDSON PARKE BOARD MEMBER - PARTIAL YEAR 2.00 X 0 0 0 BUZZ THOMAS BOARD MEMBER - PARTIAL YEAR 2.00 X 0 0 0 MOLLY VALADE BOARD MEMBER - PARTIAL YEAR 2.00 X 0 0 0 NICOLE EISENBERG BOARD MEMBER - PARTIAL YEAR 2.00 X 0 0 0 MOHAMMAD QAZI BOARD MEMBER - PARTIAL YEAR 2.00 X 0 0 0 LINDSEY FORD BUHL BOARD MEMBER - PARTIAL YEAR 2.00 X 0 0 0 SALVADOR SALORT-PONS DIRECTOR, PRESIDENT & CEO 40.00 X 547740 0 34671 ROBERT BOWEN EXECUTIVE VICE PRESIDENT/CFO/TREASURER - PART YR 40.00 X 271715 0 26926 KATE SPRATT CHIEF FINANCIAL OFFICER/TREASURER 40.00 X 59998 0 14885 ELLIOTT BROOM CHIEF OPERATING OFFICER 40.00 X 240405 0 22092 JENNIFER SNYDER CHIEF DIGITAL OFFICER 40.00 X 82836 0 7699 NINA SAPP SENIOR VICE PRESIDENT/ CHIEF DEVELOPMENT OFFICER 40.00 X 310062 0 50566 JUDITH DOLKART DEPUTY DIRECTOR, ART EDUCATION PROGRAMS 40.00 X 228378 0 23674 MELISSA PENA GALLIS EXECUTIVE DIRECTOR TALENT & CULTURE 40.00 X 187513 0 32103 NII QUARCOOPOME DEPARTMENT HEAD, AFRICA, OCEANIA & IND AMER 40.00 X 153469 0 24439 ALAN DARR SENIOR CURATOR OF EUROPEAN ART & WALTER B FORD II 40.00 X 142241 0 24183 ROSEMARIE GLEESON DIRECTOR, DEVELOPMENT 40.00 X 128486 0 47483 THOMAS SPERTI DIRECTOR, ACCOUNTING 40.00 X 135128 0 42084 2487971 0 350805 33 0 1 0 LS BRINKER COMPANY 3633 MICHIGAN AVENUE DETROIT MI 48216 CONSTRUCTION CONTRACTOR 1824068 CULINAIRE INTERNATIONAL INC 8303 ELMBROOK DR DALLAS TX 75247 CATERING SERVICES 948746 KEATING CONTRACTING LLC 22775 KESLIP DRIVE NOVI MI 48375 CONSTRUCTION CONTRACTOR 874837 MASTERPIECE INTERNATIONAL LTD 39 BROADWAY STE 14TH FLR NEW YORK NY 10006 TRANSPORTATION SERVICES 752943 TRANSPORT CONSULTANTS INTERNATIONAL 30 UNION AVENUE SOUTH CRANFORD NJ 07016 TRANSPORTATION SERVICES 491396 30 4068457 2264353 26629032 21655291 1181720 54617133 LEARNING & AUDIENCE ENGAGEMENT 712110 3456266 3456266 ENTERPRISE ACTIVITIES 900099 1291581 500220 791361 MUSEUM SERVICES 712110 1035373 1035373 STEWARDSHIP & CARE COLLECTION 900099 94221 94221 5877441 6337598 6337598 27661 27661 705466 0 705466 705466 705466 91593806 88885157 2708649 2708649 2708649 205055 2264353 1149556 -944501 -944501 2957092 1169249 1787843 1787843 PARTNERSHIP UBTI ACTIVITY 901101 102107 102107 OTHER MUSEUM SERVICES 900099 21812 19367 2445 ART, LECTURE AND DOCENT FEES 900099 2230 2230 126149 71243439 6923181 102107 9601018 2137015 544770 1225608 366637 17905350 13976535 2174770 1754045 833625 641637 112588 79400 2577494 1929122 395735 252637 1456067 1062718 241689 151660 396860 216743 163713 16404 230022 230022 13175 13175 4005215 4005215 3993780 2250838 1468597 274345 668738 668738 1844621 1239789 401720 203112 1438302 594286 823925 20091 326457 282590 27476 16391 45739 864 44875 111983 111983 1000302 897342 102198 762 1621730 1365387 256343 ART ACQUISITIONS 8324992 8324992 UTILITIES 2228212 2228212 EQUIPMENT & FACILITIES 1729517 1573535 104473 51509 BUS SUBSIDIES 472858 472858 4271022 3429864 291448 549710 57633076 41032082 12752308 3848686 26946986 34092275 40369725 31811508 2037379 1945742 341939 521312 308550 440680 33249061 9031303 24244405 24217758 43328461 45470618 380345623 432526670 2063671 3801606 519986739 574828169 3271916 3533983 275442 645765 3732752 3469735 5550784 8659642 12830894 16309125 X 293706859 336634634 213448986 221884410 507155845 558519044 519986739 574828169 X 13610363 39004583 -1251747 X X 0 1 X 1 1 1 X 34783290 32024169 18763455 33918929 27988101 147477944 26054826 34935263 29756908 37240082 26629032 154616111 60838116 66959432 48520363 71159011 54617133 302094055 302094055 7399454 5967075 1683615 138154 6337598 21525896 263608 208853 82046 205055 759562 324379513 23546513 0.93130 0.91030 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING REVENUE - 2018 AMOUNT: $ 263,608. 2019 AMOUNT: $ 208,853. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 82,046. 2022 AMOUNT: $ 205,055. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13175 13175 57619901 57633076 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 868340 933784 12307 13175 1827606 250000 250000 250000 250000 1000000 1500000 X X X X 0 365343109 4876211 26849532 1217543 395851309 388076766 20617730 -41942317 1409070 365343109 299775320 3420534 85776987 896075 388076766 280615272 12562317 7168157 570426 299775320 240729237 27551535 13738890 1404390 280615272 0.51000 0.36000 0.13000 1 0 2667703 2667703 15551862 3304777 12247085 7976768 1012555 6964213 3112733 2165898 946835 3939995 2548073 1391922 24217758 ALTERNATIVE INVESTMENTS 432526670 F 432526670 POST RETIREMENT HEALTHCARE OBLIGATION 2568083 ACCRUED PAYROLL AND OTHER EMPLOYEE 3024077 OTHER 3067482 8659642 108036729 39004582 634172 2224194 41862948 66173781 4005215 1064443 5069658 71243439 55523890 634172 7496 641668 54882222 4005215 -1254361 2750854 57633076 PART III, LINE 1A: IN CONFORMITY WITH ALLOWABLE MUSEUM FINANCIAL STATEMENT PRESENTATION PRACTICE, THE VALUE OF THE ART COLLECTION IS EXCLUDED FROM THE STATEMENTS OF FINANCIAL POSITION, AND, AS SUCH, PURCHASES FOR THE COLLECTION ARE RECORDED AS EXPENDITURES FOR THE ACQUISITION OF ART OBJECTS ON THE STATEMENT OF ACTIVITIES IN THE YEAR IN WHICH THE OBJECTS ARE ACQUIRED. SUCH ART IS ACCESSIONED TO THE PERMANENT COLLECTION OF THE MUSEUM UPON APPROVAL OF THE BOARD. PART III, LINE 4: THE WORKS OF ART ARE HELD IN CHARITABLE TRUST FOR EDUCATIONAL, RESEARCH AND CURATORIAL SERVICES. PART V, LINE 4: INCOME EARNED ON ENDOWMENT FUNDS IS USED TO FURTHER THE MISSION OF THE DIA INCLUDING FUNDING FOR A VARIETY OF ACTIVITIES WHICH ARE BOTH RESTRICTED AND UNRESTRICTED. THESE ACTIVITIES INCLUDE, BUT ARE NOT LIMITED TO, OPERATIONS, STAFF POSITIONS, ART ACQUISITIONS, ETC. PART XI, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF SPECIAL EVENTS & ACTIVITIES 1,149,556. COST OF GOODS SOLD 1,169,249. ADJUSTMENT FOR PARTNERSHIP UBTI ACTIVITY -102,107. FUNDRAISING WRITE OFFS 7,496. PART XI, LINE 4B - OTHER ADJUSTMENTS: GIFTS OF WORKS OF ART 1,064,443. PART XII, LINE 2D - OTHER ADJUSTMENTS: REIMBURSEMENT RECORDED AS INCOME ON F/S FUNDRAISING WRITE OFFS 7,496. PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSES OF SPECIAL EVENTS & ACTIVITIES -1,149,555. COST OF GOODS SOLD -1,169,249. GIFTS OF WORKS OF ART 1,064,443. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, INVESTMENTS 201322265 0 0 0 0 0 0 201322265 0 201322265 1 0 0 1 1 0 PART III ACCOUNTING METHOD: MI GALA 1940791 1846041 94750 1979 264922 13400 509231 FASH BASH 473952 381327 92625 46471 123968 154364 1 54665 36985 17680 28029 7192 2469408 2264353 205055 48450 416919 13400 670787 1149556 -944501 X 1 1 X X X X 0 0 0 0 0 0 0 0 0 SALVADOR SALORT-PONS DIRECTOR, PRESIDENT & CEO 547436 0 0 0 304 0 15250 0 19421 0 582411 0 0 0 NINA SAPP SENIOR VICE PRESIDENT/ CHIEF DEVELOP 309758 0 0 0 304 0 15250 0 35316 0 360628 0 0 0 ROBERT BOWEN EXECUTIVE VICE PRESIDENT/CFO/TREASUR 270267 0 0 0 1448 0 13662 0 13264 0 298641 0 0 0 ELLIOTT BROOM CHIEF OPERATING OFFICER 239837 0 0 0 568 0 10755 0 11337 0 262497 0 0 0 JUDITH DOLKART DEPUTY DIRECTOR, ART EDUCATION PROGR 228074 0 0 0 304 0 11575 0 12099 0 252052 0 0 0 MELISSA PENA GALLIS EXECUTIVE DIRECTOR TALENT & CULTURE 187317 0 0 0 196 0 9630 0 22473 0 219616 0 0 0 NII QUARCOOPOME DEPARTMENT HEAD, AFRICA, OCEANIA & I 151884 0 0 0 1585 0 4633 0 19806 0 177908 0 0 0 THOMAS SPERTI DIRECTOR, ACCOUNTING 135023 0 0 0 105 0 6802 0 35282 0 177212 0 0 0 ROSEMARIE GLEESON DIRECTOR, DEVELOPMENT 128319 0 0 0 167 0 7167 0 40316 0 175969 0 0 0 ALAN DARR SENIOR CURATOR OF EUROPEAN ART & WAL 141473 0 0 0 768 0 4386 0 19797 0 166424 0 0 0 PART I, LINE 1A THE DIRECTOR RECEIVED A PAID MEMBERSHIP TO ONE BUSINESS CLUB, WHERE HE CONNECTS WITH SUPPORTERS OF THE ORGANIZATION, THE ARTS AND OTHER COMMUNITY, POLITICAL AND BUSINESS LEADERS OF IMPORTANCE TO THE ORGANIZATION. X 129 1064443 DONOR STATED VALUE X 5000 DONOR STATED VALUE X INKIND PROF SERVICES 2 57500 DONOR STATED VALUE X INKIND NAIAS - TICKETS 400 45000 DONOR STATED VALUE X INKIND HOSPITALITY 1 9777 DONOR STATED VALUE 6 0 1 1 PART I, LINE 32B: THE DIA USES AUCTION HOUSES (PRIMARILY SOTHEBY'S AND CHRISTIE'S) TO SELL GIFTS OR WORKS OF ART NOT ACCEPTED INTO THE COLLECTION. FORM 990, PART G, GROSS RECEIPTS: GROSS RECEIPTS INCLUDES GROSS PROCEEDS FROM SALES OF INVESTMENT SECURITIES RATHER THAN JUST NET GAIN. THIS ARTIFICIALLY INFLATES THE GROSS RECEIPTS AMOUNT BY APPROXIMATELY $91,500,000. FORM 990, PART VI, SECTION A, LINE 2 DR. LORNA THOMAS AND BUZZ THOMAS HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE TAX FIRM WHICH PREPARES THE DIA FORM 990 PROVIDES A PRESENTATION AND REVIEW OF THE TAX RETURN TO THE AUDIT AND FINANCE COMMITTEE. UPON COMPLETION OF THE AUDIT AND FINANCE COMMITTEE REVIEW, THE FORM 990 IS MADE AVAILABLE TO ALL BOARD MEMBERS IN ADVANCE OF FINAL FILE SUBMISSION TO THE IRS. A BOARD RESOLUTION IS NOT REQUIRED IN ORDER FOR THE FORM 990 TO BE FILED. FORM 990, PART VI, SECTION B, LINE 12C THE DIA'S CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL STAFF UPON JOINING THE DIA. THE POLICY IS PART OF THE DIA PROFESSIONAL PRACTICES GUIDELINES. ALL STAFF MEMBERS ARE REQUIRED TO SIGN THEY HAVE READ, UNDERSTOOD AND AGREE TO ABIDE BY THE GUIDELINES. THE CONFLICT OF INTEREST POLICY IS FURTHER REINFORCED IN THE DIA PURCHASING POLICY AND PROCEDURE MANUAL. BOTH DOCUMENTS ARE AVAILABLE ONLINE AND ARE DISTRIBUTED TO STAFF ANY TIME UPDATES OR CHANGES ARE MADE. NEW DIA BOARD MEMBERS ARE REQUIRED TO COMPLETE A FORM NOTING ALL AFFILIATIONS. ON AN ANNUAL BASIS DIA BOARD MEMBERS PROVIDE AN UPDATE OF RELATIONSHIPS AND AFFILIATIONS WHICH ARE REVIEWED TO DETERMINE POTENTIAL CONFLICT OF INTEREST. AS PART OF THE ANNUAL AUDIT, A THOROUGH REVIEW OF STAFF AND BOARD AFFILIATIONS AND TRANSACTIONS IS CONDUCTED TO ENSURE ALL ARE IN COMPLIANCE WITH DIA POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE DIA'S DIRECTOR/CEO AND THE DIA'S EXECUTIVE VICE PRESIDENT IS DETERMINED BY THE COMPENSATION COMMITTEE OF THE DIA'S BOARD OF DIRECTORS, IN ACCORDANCE WITH ALL APPLICABLE EMPLOYMENT AGREEMENT TERMS AND CONDITIONS. AMONG OTHER FACTORS, THE COMPENSATION COMMITTEE CONSIDERS COMPARABILITY DATA PROVIDED BY THE ASSOCIATION OF ART MUSEUM DIRECTORS ANNUAL SALARY SURVEY, LOCAL MARKET CONDITIONS, AND EXECUTIVE PERFORMANCE. ANY DEVIATION FROM TERMS CONTAIN IN ANY APPLICABLE EMPLOYMENT CONTRACT MUST BE MUTUALLY AGREED TO BY THE DIA AND THE IMPACTED EMPLOYEE. CONTRACT TERMS ARE REVIEWED AND APPROVED BY THE TRI-COUNTY ARTS AUTHORITIES. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE POSTED TO THE INSTITUTION'S WEBSITE. GOVERNING DOCUMENTS AND CONFLICTS OF INTEREST ARE MADE AVAILABLE UPON REQUEST BY THE PUBLIC. FORM 990, PART XI, LINE 9: DECREASE IN UNDER FUNDED PENSION PLAN OBLIGATION -1,341,148. CHANGE IN POST RETIREMENT HEALTHCARE OBLIGATION 191,508. ADJUSTMENT FOR PARTNERSHIP UBTI ACTIVTY -102,107. FORM 990, PART XII, LINE 2C: THE AUDIT AND FINANCE COMMITTEE IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FSDIA ACQUISITIONS CO 5200 WOODWARD AVE DETROIT MI 48202 383416266 INVESTMENT COMPANY MI THE DETROIT INSTITUTE OF ARTS C 1000 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0