Joslyn Art Museum

“Except as otherwise provided by the board of governors, the executive committee shall have all of the authority of the board of governors except the authority prohibited in this section of this article v. The executive committee shall report all of its official actions to the board of governors at the first meeting of the board of governors following a meeting of the executive committee at which such action was taken.”

“Dusty davidson, henry davis, fred hunzeker, susan lebens, robert schlott and paul smith have varied business relationships.”

“Purposes and intention were added to the mission statement section. Further details to board member terms, meeting requirements, voting methods, officer resignation and delegations, presumpion of assent, informal actions and non-governor committee members were added. A section was added to include comparability data as a factor for determing the executive director's compensation. There was also a section added to require the corporation to procure and maintain directors and officers insurance.”

“A complete copy of the form 990 will be provided to the board of governors prior to its filing.”

“Every three years the organization requests a family and organization relationship disclosure that would include any potential conflicts of interest. This is also done for every new board member. The executive director, chairman of the board of governors, and legal counsel monitor and enforce the policy.”

“For the executive director, a subset of the executive committee reviews comparable salary information from available sources to determine salary and bonus. Salary changes and bonus payments are communicated to the finance director for processing via letter or email by the chairman of the board of governors. For key positions, the executive director reviews comparable salary information from available sources, primarily a salary survey completed annually by the american association of museum directors. Salary changes are communicated to the director of finance via email or compensation adjustment form.”

“Joslyn art museum does not currently make its governing documents, conflict of interest policy, or financial statements available to the public.”

“On may 3rd, 2022 the museum closed to the public due to construction. However, off-site programming was conducted and will continue during the closure. Works from the collections can be seen on national exhibition tours and loans during the museum closure.”

“Book/tax difference of in-kind occupancy services 128,480.”

“The finance & facilities committee is responsible for the review of the organization's consolidated financial statements and audit. They are also responsible for the selection of the organization's independent accounting firm. There were no changes in the oversight process or selection process from the prior year.”