2025-11-14T08:23:35-06:00 2024-12-31 351178661 BLUE & CO LLC 12800 N MERIDIAN ST STE 400 CARMEL IN 46032 990 2024-01-01 350876384 INDIANA HISTORICAL SOCIETY INDI 3172321882 450 WEST OHIO STREET INDIANAPOLIS IN 462023269 JEFFERY MATSUOKA VP OF BUSINESS AND OPERATIONS 3172321882 2025-11-14 1 1 CORY SCHUNEMANN CPA P01866583 3178488920 2025-11-11 2024 2025-03-06 01:10:19Z JEFFERY MATSUOKA 450 WEST OHIO STREET INDIANAPOLIS IN 462023269 36497091 0 X WWW.INDIANAHISTORY.ORG X 1831 IN SINCE 1830, THE INDIANA HISTORICAL SOCIETY HAS BEEN INDIANA'S STORYTELLER, CONNECTING PEOPLE TO THE PAST BY COLLECTING, PRESERVING AND SHARING THE STATE'S HISTORY. A PRIVATE, NONPROFIT MEMBERSHIP ORGANIZATION, IHS MAINTAINS THE NATION'S PREMIER RESEARCH LIBRARY AND ARCHIVES ON THE HISTORY OF INDIANA AND THE OLD NORTHWEST AND PRESENTS A UNIQUE SET OF VISITOR EXPERIENCES CALLED THE INDIANA EXPERIENCE. IHS ALSO PROVIDES SUPPORT AND ASSISTANCE TO LOCAL MUSEUMS AND HISTORICAL GROUPS; PUBLISHES BOOKS AND PERIODICALS; SPONSORS TEACHER WORKSHOPS; PRODUCES AND HOSTS ART EXHIBITIONS, MUSEUM THEATER AND OUTSIDE PERFORMANCE GROUPS; AND PROVIDES YOUTH, ADULT AND FAMILY PROGRAMS. IHS IS A SMITHSONIAN AFFILIATE AND A MEMBER OF THE INTERNATIONAL COALITION OF SITES OF CONSCIENCE. 25 25 197 284 0 0 2558647 9073368 700706 760713 4371098 7482502 89722 137022 7720173 17453605 624389 152737 0 0 5029614 5255834 0 0 999696 3754701 4179765 9408704 9588336 -1688531 7865269 134723453 144036840 10383176 9579160 124340277 134457680 X SINCE 1831, THE INDIANA HISTORICAL SOCIETY HAS BEEN INDIANA'S STORYTELLER, CONNECTING PEOPLE TO THE PAST BY COLLECTING, PRESERVING, INTERPRETING, AND DISSEMINATING THE STATE'S HISTORY. A NONPROFIT MEMBERSHIP ORGANIZATION, THE IHS ALSO PUBLISHES BOOKS AND PERIODICALS; SPONSORS TEACHER WORKSHOPS; PROVIDES YOUTH, ADULT, AND FAMILY PROGRAMMING; PROVIDES SUPPORT AND ASSISTANCE TO LOCAL MUSEUMS AND HISTORICAL GROUPS; AND MAINTAINS THE NATION'S PREMIER RESEARCH LIBRARY AND ARCHIVES ON THE HISTORY OF INDIANA AND THE OLD NORTHWEST. 0 0 1838033 291736 INDIANA EXPERIENCE: THE INDIANA EXPERIENCE IS A NUMBER OF GUEST EXPERIENCES AND PROGRAMS AT THE EUGENE AND MARILYN GLICK INDIANA HISTORY CENTER. IN ADDITION TO THE YOU ARE THERE EXPERIENCE SPACES, THERE ARE OTHER PROGRAMMATIC OFFERINGS INCLUDING FESTIVAL OF TREES AND CIRCUS DAY. ALL INDIANA EXPERIENCE SPACES AND OFFERINGS WERE DEVELOPED BY PAN-INSTITUTIONAL TEAMS. 30,440 PEOPLE VISITED THE HISTORY CENTER, INCLUDING 2,603 SCHOOL CHILDREN. 1435881 14495 LIBRARYAT THE HEART OF THE INDIANA HISTORICAL SOCIETY IS ITS ARCHIVES AND LIBRARY COLLECTIONS, WHICH FEEDS ALL THE OTHER ACTIVITY AREAS OF IHS. WITHOUT OUR SUBSTANTIAL COLLECTION OF PHOTOGRAPHS, DOCUMENTS, PERSONAL PAPERS AND OTHER RECORDS FROM THE PAST, WE WOULD NOT BE ABLE TO TELL THE STORIES OF OUR RICH HOOSIER HERITAGE. OFTEN, THAT STORYTELLING BECOMES VERY PERSONAL AS OUR STAFF ASSISTS BOTH NOVICE FAMILY HISTORY SEEKERS AND MORE SCHOLARLY RESEARCHERS IN THEIR QUEST FOR KNOWLEDGE. THE LIBRARY ASSISTED 2,556 VISITORS AND ANSWERED 3,077 REMOTE REQUESTS FOR INFORMATION. THE MOST POPULAR SUBJECTS INCLUDED FAMILIES, COMMUNITIES, AFRICAN-AMERICAN HISTORY, NOTABLE HOOSIERS, ARCHITECTURE, AND BUSINESSES. 1,727 IMAGES WERE ADDED TO THE IMAGES IN IHS'S DIGITAL ONLINE COLLECTION, BRINGING THE NUMBER OF IMAGES AVAILABLE TO MORE THAN 91,248. 23,655 COLLECTIONS/ITEMS WERE CATALOGED, PROCESSED, AND MADE ACCESSIBLE TO THE PUBLIC. 193 NEW MANUSCRIPT, VISUAL AND PRINTED ITEMS WERE ADDED TO THE COLLECTION. CONSERVATION LAB CONSERVATORS AND VOLUNTEERS TREATED 236 COLLECTION ITEMS. THE HISTORIC DOCUMENT PRESERVATION PROGRAM PROVIDED CONSULTATIONS TO 24 SMALL MUSEUMS AND NON-FOR-PROFIT ORGANIZATIONS ACROSS THE STATE. IN ADDITION TO INDIVIDUAL REFERENCE REQUESTS, COLLECTIONS AND LIBRARY STAFF WROTE ARTICLES FOR BOTH IHS AND EXTERNAL PUBLICATIONS, CONTRIBUTED CONTENT TO IHS AND EXTERNAL EXHIBITIONS, AND CONTINUED THE DEVELOPMENT OF THE DESTINATION INDIANA HIGH TECHNOLOGY EXHIBIT, ADDING 2 JOURNEY, AS PART OF THE NEW INDIANA EXPERIENCE PROGRAMS, BRINGING THE NUMBER OF JOURNEYS AVAILABLE TO 340 CONTAINING MORE THAN 4,220 IMAGES. 2024788 152737 PUBLIC PROGRAMSLOCAL HISTORY SERVICES: AT THE HEART OF IHS'S EMPHASIS TO IMPACT ALL REGIONS OF THE STATE IS THE WORK OF LOCAL HISTORY SERVICES (LHS). ENSURING THE SUCCESS OF OUR PARTNERS IN LOCAL COMMUNITIES, LHS STAFF WORKED WITH 88 COUNTY HISTORIANS AND PROVIDED CONSULTATIONS AND TRAINING TO COUNTY AND LOCAL HISTORICAL ORGANIZATIONS ACROSS IN. IN 2024, LHS MADE 4,995 CONTACTS TRAVELING 18,415 MILES. 84,923 GUESTS VISITED 53 TRAVELING EXHIBITIONS THROUGHOUT THE STATE.EDUCATION: THE EDUCATION DEPARTMENT PROVIDES AUDIENCES OF ALL AGES WITH OPPORTUNITIES FOR ENGAGING AND LIFE-LONG LEARNING. THE EDUCATION STAFF WORKS CLOSELY WITH EDUCATORS AND STUDENTS THROUGHOUT IN. 4,505 STUDENTS PARTICIPATED IN THE NATIONAL HISTORY DAY IN INDIANA PROGRAM, WITH 58 STATE WINNERS ADVANCING TO THE NATIONAL COMPETITION AND 20 PROJECTS RECEIVING AN AWARD.PROJECTS AND GRANTS: IHS AWARDED 38 HERITAGE SUPPORT GRANTS TOTALING $152,737. 1863058 454482 IHS PRESS: WRITES, EDITS, PRINTS AND PUBLICATIONS RELATED TO INDIANA HISTORY. 1863058 454482 7161760 1 1 0 0 0 0 0 1 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 103 0 1 197 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 25 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X PENNY M NASH CONTROLLER 3172345232 450 WEST OHIO STREET INDIANAPOLIS IN 462023269 JODY BLANKENSHIP PRESIDENT & CEO 40.00 X 301195 0 34440 JEFFERY MATSUOKA VP-BUSINESS & OPERATIONS 40.00 X 142234 0 13256 ANDREW HALTER VP-DEVELOPMENT 40.00 X 135815 0 12781 AMY LAMB VP-MARKETING & PUBLIC RELA 40.00 X 97873 0 9720 SUZANNE HAHN VP-COLLECTIONS 40.00 X 86608 0 8048 PATRICIA D CURRAN CHAIR 1.00 X X 0 0 0 WILLIAM W BARRETT VICE CHAIR 1.00 X X 0 0 0 REBECCA ESPINOZA KUBACKI VICE CHAIR 1.00 X X 0 0 0 ANDREW S THORNTON TREASURER 1.00 X X 0 0 0 ADAM ARCENEAUX SECRETARY 1.00 X X 0 0 0 SUSAN R JONES-HUFFINE IMMEDIATE PAST CHAIR 1.00 X 0 0 0 JOHN H ABRAMS MEMBER 1.00 X 0 0 0 MICHAEL ALLEY MEMBER 1.00 X 0 0 0 CAROLYN E ANKER MEMBER 1.00 X 0 0 0 WILLIAM E BARTELT MEMBER 1.00 X 0 0 0 BONITA L CARTER MEMBER 1.00 X 0 0 0 NICOLE ETCHESON MEMBER 1.00 X 0 0 0 DIANE HUNTER MEMBER 1.00 X 0 0 0 STAN HURT MEMBER 1.00 X 0 0 0 MICHELLE JARRELL MEMBER 1.00 X 0 0 0 PETER L LACY MEMBER 1.00 X 0 0 0 CRAIG M MCKEE MEMBER 1.00 X 0 0 0 MICHAEL B MURPHY MEMBER 1.00 X 0 0 0 DAVE O'GUINN MEMBER 1.00 X 0 0 0 BRIAN ROBINSON MEMBER 1.00 X 0 0 0 JAMES C SHOOK JR MEMBER 1.00 X 0 0 0 DAVID A SUZUKI PHD MEMBER 1.00 X 0 0 0 JOSH WAKEFIELD MEMBER 1.00 X 0 0 0 CHARLITTA WINSTON MEMBER 1.00 X 0 0 0 JAMES H MADISON TRUSTEE EMERITUS 1.00 X 0 0 0 763725 0 78245 3 0 1 0 ORACLE ELEVATOR 5534 W RAYMOND ST INDIANAPOLIS IN 46241 ELEVATOR SERVICES 352638 ALLIED UNIVERSAL SECURITY SERVICES PO BOX 828854 PHILADELPHIA PA 19182 SECURITY 332120 COLES MARKETING COMMUNICATIONS INC 3950 PRIORITY WAY STE 106 INDIANAPOLIS IN 46240 ADVERTISING 252255 PRINTING PARTNERS 929 W 16TH STREET INDIANAPOLIS IN 46202 PRINTING 158939 DELAWARE GLASS 4630 W BETHEL AVE MUNCIE IN 47304 CONTRACTOR 152955 7 230865 299025 8543478 67591 9073368 ADMISSIONS & TICKET REVENUE 900099 291736 291736 RETAIL SALES 900099 242101 242101 OTHER PROGRAM SERVICE REVENUE 900099 102307 102307 EVENT REVENUE 900099 81660 81660 CONFERENCE, MEETING & WORKSHOP RE 900099 28414 28414 14495 14495 760713 6163286 6163286 594 594 195358 0 195358 195358 195358 20290522 18971306 1319216 1319216 1319216 13250 299025 72180 -58930 -58930 17453605 760713 0 7619524 152737 152737 841970 279995 413379 148596 3233655 2424876 518263 290516 162045 119351 28243 14451 732619 550305 119042 63272 285545 196848 57341 31356 3610 3610 51056 51056 285857 285857 549091 419986 44412 84693 337041 336213 828 370988 258865 59483 52640 226810 96865 55343 74602 3060 3060 538215 46266 491949 50657 32269 3078 15310 12598 11496 1102 262017 262017 879115 207715 670824 576 150686 150686 HISTORY MARKET 107828 107828 OTHER PROJECTS EXPENSE 91352 91352 HONORARIA 41390 41390 GRAPHIC, FABRICATION, A 41142 40932 210 177252 1743411 -1788805 222646 9588336 7161760 1426880 999696 3994387 4974488 1017229 852885 24441 21584 724211 723537 255486 265060 52161963 18511449 33592077 33650514 76740821 85081228 3642976 3671737 14731825 14795807 134723453 144036840 827355 743850 32933 33672 9522888 8801638 10383176 9579160 X 117840553 120641731 6499724 13815949 124340277 134457680 134723453 144036840 7865269 2252134 0 X X 0 1 X 1 0 X 2490095 4017431 1925565 2558647 9073368 20065106 632834 777599 843342 865626 882372 4001773 3122929 4795030 2768907 3424273 9955740 24066879 7654777 16412102 2210186 7451731 2118984 4299001 6359238 22439140 2292 2292 46508311 3006589 0.35290 0.40770 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 67591 14795807 X X X X 1 78833545 5566 9192429 6139670 81891870 74346316 25746 10176845 5715362 78833545 94459899 19487 -14239449 5893621 74346316 87941019 19650 13076862 6577632 94459899 88408971 29035 8765619 9262606 87941019 0.96959 0.02233 0.00809 0 0 45216347 16046560 29169787 23038 8176 14862 5526627 1961312 3565315 1395951 495401 900550 33650514 COLLECTIONS 14795807 14795807 X 20366984 2252134 882372 72180 3206686 17160298 285857 7450 293307 17453605 10249581 882372 72180 954552 9295029 285857 7450 293307 9588336 PART III, LINE 4: THE IHS'S COLLECTIONS ARE CLASSIFIED IN THREE CATEGORIES: - MANUSCRIPTS AND ARCHIVES, WHICH INCLUDE ARCHITECTURAL DRAWINGS, BUSINESS RECORDS, LEDGERS AND PERSONAL PAPERS, DIARIES, ORAL HISTORIES AND LETTERS - PRINTED COLLECTIONS, WHICH INCLUDE BOOKS, PAMPHLETS, SERIALS, BROADSIDES, SHEET MUSIC, PRINTED EPHEMERA AND MAPS - VISUAL COLLECTIONS, WHICH INCLUDE PHOTOGRAPHS, PAINTINGS, MOTION PICTURE FILMS AND VIDEO TAPES THESE ITEMS ARE SIGNIFICANT TO INDIANA'S HISTORY AND PRESERVATION OF THE ITEMS IS KEY TO THE ORGANIZATIONS PURPOSE. PART V, LINE 4: THE BOARD APPROVED DRAW FROM THE OPERATING ENDOWMENT TO SUPPORT OPERATIONS FOR FISCAL 2024 WAS 5.53% (5.4% IN FISCAL 2023). IN 2024, THE BOARD APPROVED A 5.76% DRAW FROM THE OPERATING ENDOWMENT TO SUPPORT OPERATIONS IN 2025. THE DRAW FROM THE OPERATING ENDOWMENT FOR DEBT SERVICE AND FEES WAS 1.19% AND 1.29% IN 2024 AND 2023, RESPECTIVELY. FOR THE COLLECTIONS STEWARDSHIP ENDOWMENT, THE BOARD HAS APPROVED A 3.75% SPENDING DRAW. IN ESTABLISHING THIS POLICY, IHS CONSIDERED THE LONG-TERM EXPECTED RETURN ON ITS ENDOWMENT. THIS IS CONSISTENT WITH IHS'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENTS RETURN. PART X, LINE 2: IHS IS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION OTHER THAN A PRIVATE FOUNDATION, AND IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE AND SIMILAR STATE LAW. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY IHS AND RECOGNIZE A TAX LIABILITY IF IHS HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY IHS, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2024 AND 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. AS SUCH, IHS IS GENERALLY EXEMPT FROM INCOME TAXES. HOWEVER, IHS IS REQUIRED TO FILE FEDERAL FORM 990 - RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, AND A SIMILAR STATE RETURN, WHICH ARE INFORMATIONAL RETURNS ONLY. IHS IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS. HOWEVER, AS OF THE DATE THE FINANCIAL STATEMENTS WERE AVAILABLE TO BE ISSUED, THERE WERE NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 72,180. PART XI, LINE 4B - OTHER ADJUSTMENTS: OTHER REVENUE INCLUDED IN EXPENSES FOR FINANCIAL STATEMENT PRESENTATION 7,450. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 72,180. PART XII, LINE 4B - OTHER ADJUSTMENTS: OTHER REVENUE INCLUDED IN EXPENSES FOR FINANCIAL STATEMENT PRESENTATION 7,450. LIVING LEGENDS GALA 207550 201925 5625 1000 27688 34259 FESTIVAL OF TREES 95575 95575 2 9150 1525 7625 234 8669 330 312275 299025 13250 1000 27922 8669 34589 72180 -58930 1 EVANSVILLE WARTIME MUSEUM 7503 PETERSBURG RD EVANSVILLE IN 47725 453995469 501(C)(3) 8200 0 HSG GRANTS FRIENDS OF THE KNOX CO PUBLIC LIBRARY 502 N 7TH ST VINCENNES IN 47591 351877171 501(C)(3) 7811 0 HSG GRANTS GREENTOWN HISTORICAL SOCIETY 103 E MAINT ST PO BOX 313 GREENTOWN IN 46936 352081997 501(C)(3) 7224 0 HSG GRANTS INDIANA ENTERTAINMENT FOUNDATION 1305 BROAD RIPPLE AVE INDIANAPOLIS IN 46220 473422989 501(C)(3) 7295 0 HSG GRANTS 4 PART I, LINE 2: IHS MAY MONITOR AND CONDUCT AN EVALUATION OF OPERATIONS UNDER ANY HERITAGE SUPPORT GRANT, WHICH MAY INCLUDE VISITS BY REPRESENTATIVES OF THE IHS TO OBSERVE THE GRANTEE'S PROCEDURES AND OPERATIONS IN CONNECTION WITH THIS GRANT AND TO DISCUSS THE GRANT WITH THE GRANTEE'S PERSONNEL. VOUCHERS CONSISTING OF BILLS, INVOICES, CANCELLED CHECKS, RECEIPTS, ETC., WHICH DOCUMENT THE DISBURSEMENT OF FUNDS FOR THIS GRANT, ARE RETAINED BY THE GRANTEE FOR AT LEAST TWO YEARS AFTER FINAL DISBURSEMENT OF THE GRANT AND MAY BE EXAMINED BY THE IHS REPRESENTATIVES UPON REASONABLE NOTICE. THE IHS MAY INSPECT, AUDIT, OR COPY THE GRANTEE'S RECORDS. THE USE OF GRANT FUNDS IS RESTRICTED SOLELY TO THE PURPOSE OF THE GRANT AND SHOULD BE SO DESIGNATED ON GRANTEE ACCOUNTING AND FINANCIAL RECORDS. GRANT FUNDS MUST BE MANANGED FROM AN ORGANIZATION-HELD ACOUNT AND MAY NOT BE HELD IN A PERSONAL ACCOUNT. GRANTS OF $15,000 OR MORE MUST BE DEPOSITED IN AND MANAGED FROM A SEPARATE ACOUNT SET UP SPECIFICALLY FOR THE HERITAGE SUPPORT GRANT. AT THE END OF EACH GRANT TERM, ORGANIZATIONS ARE REQUIRED TO FILE A GRANT REPORT THAT MUST BE APPROVED IN ORDER TO BE ELIGIBLE FOR FUTURE FUNDING THROUGH THE HERITAGE SUPPORT GRANT PROGRAM. 1 X X X 0 0 0 0 0 0 0 0 0 JODY BLANKENSHIP PRESIDENT & CEO 301195 0 0 0 0 0 24096 0 10344 0 335635 0 0 0 JEFFERY MATSUOKA VP-BUSINESS & OPERATIONS 142234 0 0 0 0 0 11379 0 1877 0 155490 0 0 0 X 47671 DONOR DESIGNATED X MISCELLANEOUS GOODS 34 19920 DONOR DESIGNATED 0 1 1 PART I, LINE 32B: IF A GIFT OF STOCK IS RECEIVED, THE IHS USES KEY BANK BROKERAGE ACCOUNT TO SELL THE STOCK. ANY GIFT OF REAL PROPERTY IS SOLD IMMEDIATELY THROUGH EXTERNAL REAL ESTATE AGENT. FORM 990, PART VI, SECTION A, LINE 6 ANY PERSON WHO MAKES A CASH CONTRIBUTION OF EQUAL OR GREATER VALUE THAN THE MEMBERSHIP FEE SHALL BE A MEMBER OF THE SOCIETY (A 'MEMBER'). THERE SHALL BE NO FURTHER APPLICATIONS FOR MEMBERSHIP OR APPROVAL REQUIRED. A MEMBER HAS NO VOTING RIGHTS IN THE SOCIETY, EXCEPT AS SPECIFICALLY PROVIDED IN THE ARTICLES OF INCORPORATION. MEMBERS OF THE SOCIETY PAY DUES EACH YEAR IN AN AMOUNT SPECIFIED BY THE BOARD OF TRUSTEES. A PERSON CEASES TO BE A MEMBER BY FAILING TO PAY DUES UPON SUCH TERMS AS THE BOARD MAY FROM TIME TO TIME SPECIFY. ALL MEMBERSHIPS SHALL INCLUDE, AT A MINIMUM, SUBSCRIPTIONS TO CURRENT PUBLICATIONS, DISCOUNTS FOR PURCHASES IN THE HISTORY MARKET, STARDUST CAF AND ON SOCIETY PROGRAMS. THE BOARD OF TRUSTEES MAY DEVELOP SPECIAL MEMBERSHIP BENEFITS AT DIFFERENT LEVELS OF CONTRIBUTION AND MAY PROVIDE ADDITIONAL RECOGNITION LEVELS FOR MEMBERS WHO MAINTAIN THEIR MEMBERSHIPS FOR LONG PERIODS OF TIME. MEETINGS OF THE MEMBERSHIP MAY BE CALLED BY THE CHAIRPERSON OR BY WRITTEN REQUEST BY AT LEAST 30 MEMBERS. MEMBERS DO NOT VOTE ON IHS MATTERS. THE BOARD OF TRUSTEES IS RESPONSIBLE FOR ELECTING NEW TRUSTEES, AND 1/3 OF THE TRUSTEES ARE ELECTED EACH YEAR TO SERVE A 3 YEAR TERM. THE BOARD CONSISTS OF NO FEWER THAN 15 AND NO MORE THAN 33 TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF FORM 990 IS REVIEWED FIRST BY THE CONTROLLER. ANY CHANGES ARE COMMUNICATED TO THE ORGANIZATION'S ACCOUNTING FIRM. AFTER CHANGES ARE MADE THE FOLLOWING REVIEW PROCESS TAKES PLACE: - SENIOR MANAGEMENT TEAM REVIEWS THE FORM 990. ANY CHANGES ARE COMMUNICATED TO THE ORGANIZATION'S ACCOUNTING FIRM. - AFTER CHANGES ARE MADE THE RETURNS ARE THEN SENT TO THE AUDIT COMMITTEE FOR FINAL REVIEW. ANY CHANGES ARE COMMUNICATED TO THE ORGANIZATION'S ACCOUNTING FIRM. - FINAL RETURNS ARE SENT TO THE CONTROLLER. RETURNS ARE SIGNED BY VP-BUSINESS AND OPERATIONS AND ARE SENT VIA CERTIFIED MAIL (RETURN RECEIPTS REQUESTED). COPIES OF RETURNS ARE KEPT IN THE ACCOUNTING OFFICE. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES, STAFF, AND PAID INTERNS OF THE INDIANA HISTORICAL SOCIETY ARE REQUIRED TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS VIA THE CODE OF ETHICS FOR BOARD AND STAFF OF THE INDIANA HISTORICAL SOCIETY. THIS DOCUMENT OUTLINES ETHICAL EXPECTATIONS REGARDING ACCESS, ACCESSIONING, DEACCESSIONING, APPRAISALS, PRESERVATION, THEFT, PERSONAL RESEARCH, AWARDS, PERSONAL COLLECTING, AND PERSONAL DEALING. WHERE CONFLICTING INTERESTS CANNOT BE AVOIDED, THEY MUST AT LEAST BE DISCLOSED AND PROPERLY HANDLED SO AS TO MINIMIZE THEIR IMPACT. THE DOCUMENT INCLUDES PROCEDURES FOR CONSISTENT MONITORING AND ENFORCEMENT OF COMPLIANCY WHEN CONFLICTS ARE DISCOVERED. NEW EMPLOYEES ARE REQUIRED TO COMPLETE DISCLOSURE FORMS UPON HIRE. EMPLOYEES WHO EXPERIENCE CHANGES THAT COULD AFFECT THE ANSWERS ON THEIR DISCLOSURE FORMS ARE ASKED TO REQUEST AND FILE NEW DISCLOSURE FORMS WITHIN THE SAME YEAR. THE IHS AUDIT COMMITTEE HAS ALSO DETERMINED THAT NON-BOARD MEMBERS OF CERTAIN COMMITTEES WITH DECISION-MAKING ROLES SHOULD FILL OUT DISCLOSURE FORMS. THESE COMMITTEES CURRENTLY INCLUDE THE COLLECTIONS COMMITTEE, FINANCE COMMITTEE, AUDIT COMMITTEE, DEVELOPMENT COMMITTEE AND BUILDING RENOVATION TASK FORCE. DISCLOSURE FORMS ARE REQUESTED DURING THE FIRST QUARTER OF EACH CALENDAR YEAR AND ARE FILED WITH THE IHS EXECUTIVE ASSISTANT. DISCLOSURE FORMS ARE MADE AVAILABLE FOR AUDITORS AS REQUESTED. CURRENT POLICY IS FOR REGULAR REVIEW BY THE IHS AUDIT COMMITTEE ONCE DURING EACH CALENDAR YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF THE CEO, OTHER OFFICERS OR KEY EMPLOYEES OF THE IHS INCLUDES THE FOLLOWING PROCESS: A SURVEY OF OTHER CEOS COMPENSATION IN THE AREA BY THE HR DIRECTOR, INPUT FROM THE EXECUTIVE COMMITTEE RELATED TO CANDIDATE QUALIFICATIONS AND COMPENSATION, PURCHASED SALARY SURVEYS FROM ASSOCIATION FOR ACCOUNTING MARKETING AND AMERICAN ASSOCIATION OF STATE AND LOCAL HISTORY, AND CONTINUOUS REVIEW OF OUR SALARY RANGES AND COMPARISON TO OTHER NON-PROFIT ORGANIZATIONS BY HR DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE IHS MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE IHS AUDIT COMMITTEE IS APPOINTED BY THE IHS BOARD OF TRUSTEES TO PROVIDE OVERSIGHT OF IHS FINANCIAL ACTIVITY AND REPORTING, OVERSIGHT REGARDING IHS SYSTEM OF INTERNAL CONTROL, AND A REPORTING MECHANISM TO THE IHS BOARD OF TRUSTEES ON FINANCIAL MATTERS PATICULARLY AS THEY ARE AUDIT-RELATED. THE DUTIES AND RESPONSIBILITIES OF THE IHS AUDIT COMMITTEE INCLUDE: -OVERSEE THE FINANCIAL REPORTING SYSTEM INCLUDING THE REVIEW OF INTERIM FINANCIAL STATEMENTS AND ANNUAL BUSINESS PLANS -MONITOR CHOICE OF ACCOUNTING POLICIES AND PRINCIPLES INCLUDING THE REVIEW OF ACCOUNTING POLICIES WITH IHS FINANCIAL PERSONNEL AND EXTERNAL AUDITORS -MONITOR INTERNAL CONTROL PROCESS INCLUDING REVIEWING WITH THE EXTERNAL AUDITORS THEIR EVALUATION OF IHS INTERNAL CONTROL SYSTEM AND PERFORMING FOLLOW-UP ON IMPLEMENTATION OF AUDITORS MANAGEMENT LETTER RECOMMENDATIONS -OVERSEE HIRING AND PERFORMANCE OF EXTERNAL AUDITORS THE IHS AUDIT COMMITTEE WILL ASSESS/CONFIRM THE FOLLOWING, AND REPORT FINDINGS TO THE BOARD OF TRUSTEES: -INDEPENDENCE OF THE EXTERNAL AUDITORS -LIMITATIONS PLACED ON THE SCOPE OR NATURE OF THEIR PROCEDURES FOR EACH AUDIT -DISAGREEMENTS WITH IHS STAFF THAT, IF NOT RESOLVED, COULD JEOPARDIZE THE AUDIT PROCESS -ANY ISSUES WHICH COULD LEAD TO A NON-STANDARD ACCOUNTANTS REPORT, E.G., QUALIFIED OPINION