Eiteljorg Museum of American Indians and Western Art Inc.

“Stan hurt is the spouse of sandy hurt.”

“The 990 was reviewed by the cfo, the ceo and the treasurer prior to a review by the audit and finance committees. A copy of the 990 is provided to all board members prior to filing.”

“Directors, officers, and key employees complete annually (or as otherwise requested) a disclosure statement regarding any conflict of interest described in the policy. Any changes are reported promptly to the ceo or board chair. The cfo summarizes any conflicts or potential conflicts to the ceo and the board chair.”

“The executive committee annually reviews and approves the salaries for the ceo and the cfo. The executive committee reviews current market data from: - the association of art museum directors salary survey that is done on a yearly basis. Data is compiled from this report for our region of the country, our operating budget and the size of our city. - other surveys available such as the association of midwest museums - other sources the ceo's salary is determined by a contract that is prepared by legal counsel after negotiations between the president and a sub-set of board members led by the chairman. The contract is reviewed and approved by the executive committee. The full board of directors is informed about the contract. Data obtained from the following sources is reviewed to determine that salary: - the association of art museum directors salary survey that is done on a yearly basis. Data is compiled from this report for our region of the country, our operating budget and the size of our city. - other surveys available such as the association of midwest museums - other sources the ceo's bonus under the current contract is determined based on pre-established indicators. The bonus is reviewed by and approved by the chairman of the board and then approved by the executive committee. The approval of these salaries is documented in the minutes of the executive committee.”

“Documents are available upon request.”

“Documents are available upon request.”

“Events and programs: program service expenses 148,170. Management and general expenses 17,222. Fundraising expenses 0. Total expenses 165,392. Miscellaneous: program service expenses 79,145. Management and general expenses 53,700. Fundraising expenses 31,036. Total expenses 163,881. Annual bond fees: program service expenses 155,396. Management and general expenses 8,179. Fundraising expenses 0. Total expenses 163,575. Art collection: program service expenses 146,861. Management and general expenses 0. Fundraising expenses 0. Total expenses 146,861. Museum store: program service expenses 82,427. Management and general expenses 0. Fundraising expenses 0. Total expenses 82,427. Artist in residence: program service expenses 70,336. Management and general expenses 0. Fundraising expenses 0. Total expenses 70,336. Tourism and tour programs: program service expenses 5,013. Management and general expenses 57,922. Fundraising expenses 0. Total expenses 62,935. Newsletter: program service expenses 0. Management and general expenses 23,487. Fundraising expenses 0. Total expenses 23,487. Bank charges: program service expenses 0. Management and general expenses 21,829. Fundraising expenses 0. Total expenses 21,829. Other payroll costs: program service expenses 5,117. Management and general expenses 6,081. Fundraising expenses 150. Total expenses 11,348. Amortization of deferred finance costs: program service expenses 9,348. Management and general expenses 492. Fundraising expenses 0. Total expenses 9,840. Awards: program service expenses 398. Management and general expenses 1,421. Fundraising expenses 3,792. Total expenses 5,611.”

“Change in value of charitable trusts 90,848. Change in interest rate swap 509,725.”

“There has been no change in this process from the prior year.”