2024-06-19T15:12:30-05:00 2023-09-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2022-10-01 135562383 AMERICAN NUMISMATIC SOCIETY AMER 2125714470 75 VARICK STREET 11TH FLOOR NEW YORK NY 10013 GILLES BRANSBOURG EXECUTIVE DIRECTOR 2125714470 2024-05-30 1 GILLES BRANSBOURG XXX-XX-XXXX 1 EVA MRUK P00543254 2122862600 2024-06-19 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z GILLES BRANSBOURG 75 VARICK STREET 11TH FLOOR NEW YORK NY 10013 15301706 0 X WWW.NUMISMATICS.ORG X 1865 NY TO PROMOTE AND ADVANCE THE STUDY, RESEARCH, AND APPRECIATION OF NUMISMATICS. 22 21 27 30 23222 0 2550849 1574379 543818 815545 6398241 821591 14737 24653 9507645 3236168 30000 49500 0 0 2157670 2302656 0 0 305743 3122246 2880689 5309916 5232845 4197729 -1996677 46439646 55992566 2318666 8016624 44120980 47975942 X THE MISSION OF THE AMERICAN NUMISMATIC SOCIETY IS TO PROMOTE AND ADVANCE THE STUDY, RESEARCH, AND APPRECIATION OF NUMISMATICS. 0 0 2706904 0 521168 COLLECTIONS:THE SOCIETY'S COLLECTION OF OVER 800,000 COINS AND RELATED OBJECTS IS ONE OF AMERICA'S TREASURES. IT ABOUNDS IN BOTH LARGE STUDY COLLECTIONS AND GREAT RARITIES, AND IS PARTICULARLY STRONG IN ANCIENT GREEK, ROMAN, ISLAMIC, FAR EASTERN, U.S., AND COLONIAL COINAGES, AS WELL AS MEDALLIC ART. IN MAKING ITS RESOURCES AVAILABLE FOR BROAD STUDY AND ENJOYMENT, THE ANS LENDS ITEMS TO OTHER INSTITUTIONS AROUND THE USA AND THE WORLD. CURRENTLY, OVER 359 OBJECTS ARE ON LOAN TO PERMANENT AND TEMPORARY EXHIBITIONS. 799616 0 260433 PUBLICATIONS PROGRAM:THE ANS IS THE PREEMINENT PUBLISHER IN PRINT OF NUMISMATIC MATERIAL IN THE UNITED STATES. OFFERINGS INCLUDE TWO SCHOLARLY JOURNALS, THE AMERICAN JOURNAL OF NUMISMATICS AND THE JOURNAL OF EARLY AMERICAN NUMISMATICS; AND THE QUARTERLY ANS MAGAZINE, WHICH PRESENTS REGULAR COLUMNS FROM THE SOCIETY'S VARIOUS DEPARTMENTS AND CONTRIBUTIONS FROM INDIVIDUAL CURATORS. THE ANS PUBLISHES ON AVERAGE FOUR NEW BOOKS A YEAR ON NUMISMATIC SUBJECTS, AND HAS MORE THAN 50 CURRENTLY IN PRINT. MANY OF ITS OLDER PUBLICATIONS ARE AVAILABLE IN DIGITAL FORMAT AS OPEN ACCESS. THE ANS ALSO MAKES ITS OLDER, OUT-OF-PRINT BOOKS AVAILABLE AS PRINT-ON-DEMAND EDITIONS.THE ANS IS ALSO A RECOGNIZED LEADER IN THE PUBLICATION OF SOPHISTICATED OPEN ACCESS ONLINE RESOURCES FOR THE STUDY AND RESEARCH OF COINS OF VARIOUS PERIODS. THESE INCLUDE ONLINE COINS OF THE ROMAN EMPIRE (NUMISMATICS/ORG/OCRE) AND HELLENISTIC ROYAL COINAGES (NUMISMATICS.ORG/HRC), BOTH OF WHICH RECEIVED SUBSTANTIAL DEVELOPMENT FUNDING FROM THE NATIONAL ENDOWMENT FOR THE HUMANITIES. 692700 49500 10834 EDUCATIONAL PROGRAMS:THE ANS CONDUCTS A VARIETY OF EDUCATIONAL AND OUTREACH PROGRAMS FOR STUDENTS, PROFESSIONAL AND AMATEUR NUMISMATISTS, AND THE GENERAL PUBLIC. THESE PROGRAMS INCLUDE:-AN ANNUAL SUMMER GRADUATE SEMINAR IN NUMISMATICS, WHICH SINCE 1952 HAS GRADUATED MORE THAN 600 PARTICIPANTS.-AN ONLINE EDUCATIONAL PROGRAM, ANS LYCEUM, THAT RUNS 4-TO-6-WEEK LONG COURSES TWO TO THREE TIMES A YEAR ON A VARIETY OF TOPICS.-PUBLIC LECTURES AND CONFERENCES, INCLUDING ANNUAL LECTURES BY ANS AWARDS' HONOREES AND GUEST SPEAKERS ON TOPICS RANGING FROM MEDALLIC ART TO ANCIENT, WORLD, AND AMERICAN COINAGES.-AN AVERAGE OF SIX INTERNSHIPS A YEAR IN MUSEUM, LIBRARY, AND ARCHIVAL DISCIPLINES. -PUBLICATION OF BOOKS AND ARTICLES BY THE ANS CURATORIAL STAFF AND OTHERS. -LECTURES AND TEACHING BY THE STAFF AT CONFERENCES AND WORKSHOPS IN THE U.S. AND ABROAD. -OVER THE COURSE OF THE YEAR THE SOCIETY ALSO ROUTINELY WELCOMES APPROXIMATELY A DOZEN SCHOOL GROUPS TO LEARN ABOUT MONEY AND NUMISMATICS. SINCE THE FOUNDING OF THE ANS MORE THAN 160 YEARS AGO, THE INSTITUTION HAS ACTIVELY SOUGHT THE BEST METHODS FOR SECURING AND ORGANIZING THE COLLECTION PHYSICALLY, AS WELL AS FOR MAKING THE CONTENTS OF THE COLLECTION ACCESSIBLE TO THE PUBLIC AT LARGE THROUGH PUBLICATIONS AND DIGITAL CATALOGING EFFORTS. THE ANS IS CURRENTLY THE LEADING NUMISMATIC INSTITUTION IN THE WORLD FOR DEVELOPING COMPREHENSIVE ONLINE RESEARCH TOOLS THAT HIGHLIGHT THE COLLECTION HOLDINGS. 4199220 1 1 0 0 0 0 0 1 1 1 1 1 0 1 1 1 1 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 20 0 27 1 1 1 0 0 0 0 1 1 1 1 0 0 0 0 0 X 22 21 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 AL CA FL GA IL MA MD MI MN MS NH NJ NC NY PA VA WI X X GILLES BRANSBOURG EXECUTIVE DIRECTOR 2125714470 75 VARICK STREET 11TH FLOOR NEW YORK NY 10013 DR UTE WARTENBERG KAGAN PRESIDENT 15.00 X X 9492 0 55578 MICHAEL BEALL CHAIRMAN 2.00 X X 0 0 0 KENNETH L EDLOW TREASURER/ASST. SECRETARY 4.00 X X 0 0 0 DAVID HENDIN FIRST VICE-PRESIDENT 2.00 X X 0 0 0 DR ANDREW BURNETT SECOND VICE-PRESIDENT 2.00 X X 0 0 0 DAVID ALBERT TRUSTEE 2.00 X 0 0 0 PROF JERE L BACHARACH TRUSTEE (THRU APRIL 2023) 2.00 X 0 0 0 DR KEITH BARRON TRUSTEE 2.00 X 0 0 0 SCOTT BUCK TRUSTEE 2.00 X 0 0 0 DANIEL G COHEN TRUSTEE 2.00 X 0 0 0 CAROLE ANNE MENZI COLLIER TRUSTEE 2.00 X 0 0 0 BETH DEISHER TRUSTEE 2.00 X 0 0 0 DAN HAMELBERG TRUSTEE 2.00 X 0 0 0 PROF SEBASTIAN HEATH TRUSTEE 2.00 X 0 0 0 JONATHAN KAGAN TRUSTEE 2.00 X 0 0 0 ROBERT A KANDEL TRUSTEE 2.00 X 0 0 0 MARY N LANNIN TRUSTEE 2.00 X 0 0 0 PROF NOEL LENSKI TRUSTEE 2.00 X 0 0 0 DR HOWARD MINNERS TRUSTEE 2.00 X 0 0 0 JOHN D NEBEL TRUSTEE 2.00 X 0 0 0 ROBERT RONUS TRUSTEE 2.00 X 0 0 0 DR CHRISTOPHER J SALMON TRUSTEE 2.00 X 0 0 0 LAWRENCE SCHWIMMER TRUSTEE 2.00 X 0 0 0 MARK D TOMASKO TRUSTEE (THRU OCT 2022) 2.00 X 0 0 0 DR GILLES BRANSBOURG EXECUTIVE DIRECTOR/SECRETARY 40.00 X 119398 0 60586 PETER VAN ALFEN CHIEF CURATOR 40.00 X 125142 0 26749 ELENA STOLYARIK COLLECTIONS MANAGER 40.00 X 100534 0 10053 354566 0 152966 3 0 1 0 DLA PIPER LLP 1251 AVENUE OF THE AMERICAS 27TH F NEW YORK NY 10020 LEGAL SERVICES 150450 SEAL SECURITY LLC 60 BROAD STREET 24TH FL NEW YORK NY 10004 SECURITY SERVICES 121676 2 109197 44044 1421138 99096 1574379 SALE OF COLLECTION ITEMS 900099 499118 499118 MEMBERSHIP DUES 900099 146313 146313 PUBLICATIONS AND MAGAZINE 513190 137230 114120 23110 SAGE TRIP FEES 541900 13072 13072 LECTURES 541900 9950 9950 9862 9862 815545 1964037 1964037 2196 2196 30443 0 30443 30443 30443 10862740 12005186 -1142446 -1142446 -1142446 47670 109197 60352 -12682 -12682 OTHER INCOME 900099 3411 3411 INSURANCE CLAIMS 900099 1173 1173 WEBSITE ADVERTISING 541800 112 112 4696 3236168 792435 23222 846132 49500 49500 250929 170643 55193 25093 1520397 1109675 259714 151008 120883 88461 20418 12004 264146 188954 48973 26219 146301 105687 26073 14541 52749 38987 13762 114438 114438 67649 67649 243791 242700 700 391 87456 69274 7949 10233 76701 71194 3307 2200 1608248 1494793 68134 45321 11332 7616 500 3216 41026 27933 11866 1227 4125 4125 250352 232378 10794 7180 65406 50729 14282 395 PUBLICATIONS 164619 157904 6715 PURCHASE OF COLLECTION 77255 77255 MEMBERSHIP DUES 9721 9721 EXHIBITION AND LECTURES 5816 5816 5 5 5232845 4199220 727882 305743 164529 371696 44992 418195 473297 0 51130 204633 60740 59135 5719393 4663330 1301176 1056063 41362196 44025198 2948609 3976622 28377 23138 4600 5857886 46439646 55992566 257147 219198 38617 41191 5444 5444 150000 150000 1867458 7600791 2318666 8016624 X 22730754 24391144 21390226 23584798 44120980 47975942 46439646 55992566 X -1996677 5650072 201567 X X 0 1 X 1 0 X 1499061 1562748 3498512 2550849 1574379 10685549 1499061 1562748 3498512 2550849 1574379 10685549 1643970 9041579 1213438 1293390 1364804 3366515 1996676 9234823 27368 11740 39039 7187 4584 89918 20010290 2144205 0.45180 0.46890 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: BAD DEBT RECOVERY - 2018 AMOUNT: $ 9,995. OTHER INCOME - 2018 AMOUNT: $ 17,373. 2019 AMOUNT: $ 11,740. 2020 AMOUNT: $ 10,477. 2021 AMOUNT: $ 7,187. 2022 AMOUNT: $ 3,411. INSURANCE CLAIMS - 2020 AMOUNT: $ 28,562. 2022 AMOUNT: $ 1,173. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 1 0 1 X 19899245 627000 3034987 1797025 21764207 25592427 941883 -4899618 1735447 19899245 22099666 598833 4999613 2105685 25592427 20684412 290548 3450613 2325907 22099666 9707021 12696427 86897 1805933 20684412 0.08694 0.46099 0.45207 0 0 4210069 3196942 1013127 237381 237381 0 1271943 1229007 42936 1056063 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 2790660 F PRIVATE EQUITIES 1185962 F 3976622 SECURITY DEPOSIT 4600 RIGHT OF USE ASSET - OPERATING LEASE 5853286 5857886 LEASE PAYABLE 7600791 7600791 X 9020158 5650072 201567 5851639 3168519 67649 67649 3236168 5165196 0 5165196 67649 67649 5232845 PART III, LINE 1A: THE SOCIETY'S COLLECTIONS CONSIST PRIMARILY OF NUMISMATIC OBJECTS AND BOOKS. THEY ARE CATALOGED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED PERIODICALLY. THE SOCIETY'S COLLECTIONS, ACQUIRED THROUGH PURCHASE AND CONTRIBUTIONS, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED IN THE YEAR IN WHICH THE ITEMS WERE ACQUIRED AS DECREASES IN UNRESTRICTED, TEMPORARILY RESTRICTED OR CPERMANENTLY RESTRICTED NET ASSETS, BASED ON THE RESTRICTIONS PLACED ON ASSETS USED TO PURCHASE THE ITEMS. PROCEEDS FROM DEACCESSIONS ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASS, AND ARE USED TO ACQUIRE OTHER ITEMS FOR THE COLLECTION. THE CURRENT VALUE OF THE COLLECTIONS IS NOT READILY DETERMINABLE. PART III, LINE 4: THE SOCIETY'S COLLECTIONS OF COINS, CURRENCY, MEDALS, BOOKS, AND OTHER NUMISMATIC ITEMS, OF ALL HISTORICAL PERIODS AND FROM ALL CULTURES, ARE AMONG THE MOST COMPREHENSIVE AND EDUCATIONALLY VALUABLE COLLECTIONS IN THE WORLD. THE MISSION OF THE SOCIETY IS TO FOSTER APPRECIATION OF THESE OBJECTS AS HISTORICAL AND ARTISTIC ARTIFACTS AND DOCUMENTS, AND TO MAKE THEM AVAILABLE TO SCHOLARS AND THE INTERESTED PUBLIC THROUGH EXHIBITIONS - BOTH AT THE SOCIETY'S HEADQUARTERS AND THROUGH LOANS TO OTHER INSTITUTIONS - PRIVATE VIEWINGS, PUBLICATIONS, AND ONLINE ACCESS. TO THIS LATTER END, AMONG MANY OTHER PROJECTS, THE SOCIETY HAS DIGITIZED IMAGES OF COINS AND MEDALS FROM ITS COLLECTIONS. THE SOCIETY IS ALSO ACTIVELY ENGAGED IN MAKING MANY OF ITS PAST PUBLICATIONS AVAILABLE ONLINE AND ISSUES DIGITAL VERSIONS OF ALL NEW PUBLICATIONS. PART IV, LINE 2B: THE ORGANIZATION HOLDS A SECURITY DEPOSIT FOR A TENANT. PART V, LINE 4: THE ENDOWMENT FUNDS ARE PRIMARILY INVESTED IN MARKETABLE SECURITIES. THE INCOME EARNED ON THESE INVESTMENTS IS USED FOR THE SPECIFIC DESIGNATED PURPOSES AS SPECIFIED BY DONORS OR BY THE BOARD, SUCH AS COIN AND MEDAL PURCHASES, LIBRARY ACQUISITIONS, EDUCATION, AND DEPARTMENTAL SUPPORT. IN ANY YEAR WHEN THE ANNUAL INVESTMENT RETURNS ARE IN EXCESS OF ANNUAL EXPENDITURES, THE EXCESS IS RETAINED IN THE ENDOWMENT. 2018 ENDOWMENT FUNDS ACTIVITY: $12,399,962 OF THE AMOUNT REPORTED AS 2018 CONTRIBUTIONS RESULTS FROM A CHANGE IN PRESENTATION OF THE AUDITED FINANCIAL STATEMENTS ENDOWMENT FOOTNOTE IN 2018. IN COLUMN (C), RATHER THAN ADJUSTING THE BEGINNING OF YEAR ENDOWMENT NET ASSETS, THE ADJUSTMENT IS INCLUDED IN TOTAL CONTRIBUTIONS. PART X, LINE 2: THE SOCIETY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SOCIETY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE SOCIETY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO FISCAL 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED GAIN IN INTEREST IN PERPETUAL TRUSTS 201,567. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 1185962 0 0 0 0 0 0 1185962 0 1185962 1 0 1 1 0 0 PART III ACCOUNTING METHOD: SCHEDULE F, PART IV, LINE 1, 3 AND 4: THE ORGANIZATION IS REQUIRED TO FILE FORM 926 BECAUSE IT MEETS THE APPLICABLE OWNERSHIP THRESHOLD OR OTHER FILING REQUIREMENTS. THE ORGANIZATION IS NOT REQUIRED TO FILE FORM 5471 BECAUSE IT DOES NOT MEET THE APPLICABLE OWNERSHIP THRESHOLD OR OTHER FILING REQUIREMENTS. THE ORGANIZATION IS NOT REQUIRED TO FILE FORM 8621 BECAUSE IT DOES NOT MEET THE APPLICABLE OWNERSHIP THRESHOLD OR OTHER FILING REQUIREMENTS. ANNUAL GALA 156867 109197 47670 13415 39464 7473 156867 109197 47670 13415 39464 7473 60352 -12682 1 SUMMER SEMINAR STIPENDS 7 16000 COIN FINDS OF UKRAINE PROJECT 2 11000 CHAIRMAN'S FELLOWSHIP AWARD 1 2500 COLLIER PRIZE AWARD 1 20000 PART I, LINE 2: SUMMER SEMINAR STIPENDS: SINCE 1952, THROUGH THE ERIC P. NEWMAN GRADUATE SUMMER SEMINAR, THE AMERICAN NUMISMATIC SOCIETY HAS OFFERED SELECT GRADUATE STUDENTS AND JUNIOR FACULTY IN SUCH NON-NUMISMATIC DISCIPLINES AS ARCHEOLOGY, HISTORY, ART HISTORY, AND CLASSICS, THE OPPORTUNITY TO WORK HANDS-ON WITH ONE OF THE WORLD'S PREEMINENT NUMISMATIC COLLECTIONS. THE RECIPIENTS MUST SELECT A RESEARCH TOPIC AND MUST COMPLETE A RESEARCH PAPER WHILE IN RESIDENCE. COIN FINDS OF UKRAINE PROJECT: THE ORGANIZATION PROVIDED A GRANT TO TWO JOINT RECIPIENTS TO DEVELOP A DIGITAL INVENTORY OF GREEK COIN FINDS TO BE MADE FREELY AVAILABLE TO RESEARCHERS VIA AN ONLINE PLATFORM. THE RECIPIENTS MUST PROVIDE AMERICAN NUMISMATIC SOCIETY WITH A ONE-TO-TWO-PAGE DESCRIPTION OF WORK ACCOMPLISHED AND A SUMMARY OF HOW GRANT FUNDS HAVE BEEN USED TO DATE. CHAIRMAN'S FELLOWSHIP AWARD: THE CHAIRMAN'S FELLOWSHIPS FOR NUMISMATIC RESEARCH WAS INAUGURATED IN 2023, AND STIPULATES THAT THE ANS WILL AWARD A LIMITED NUMBER OF FELLOWSHIPS EACH YEAR, WORTH BETWEEN $1,500 AND $2,500 EACH, TO QUALIFIED GRADUATE STUDENTS OR SCHOLARS PURSUING SERIOUS NUMISMATIC RESEARCH PROJECTS THAT ARE EXPECTED TO RESULT IN ACADEMIC PUBLICATION. APPLICANTS MUST BE ANS MEMBERS OR FELLOWS IN GOOD STANDING. A SMALL ANS COMMITTEE COMPRISING THE PRESIDENT, THE EXECUTIVE DIRECTOR AND THE DEPUTY DIRECTOR REVIEW THE APPLICATIONS, THAT COME ON A ROLLING BASIS. ALTHOUGH THERE ARE NO STRICT CONDITIONS OR CONTROLS WITH RESPECT TO THE WAY THE AWARD MONEY IS USED, IT IS UNDERSTOOD THAT IT CONTRIBUTES TO SCHOLARLY PROJECTS. SUCCESSFUL APPLICANTS ARE REQUIRED TO GIVE A LECTURE ON THEIR RESEARCH TO THE ANS MEMBERSHIP, WHICH ALLOWS THE ANS AND ITS MEMBERSHIP TO BENEFIT FROM THE RESULTS OF THEIR RESEARCH. COLLIER PRIZE AWARD: THE COLLIER PRIZE IN ANCIENT NUMISMATICS HAS BEEN AWARDED BIENNIALLY SINCE 2023 TO THE BEST SINGLE OR MULTI-AUTHORED BOOK, CATALOGUE, OR ONLINE DIGITAL WORK IN THE FIELD OF ANCIENT NUMISMATICS (650 BCE TO 300 CE). THE PRIZE IS NAMED AFTER THE LATE PROFESSOR JAMES M. COLLIER, PHD. THE WINNER(S) RECEIVE PRIZE MONEY OF $20,000, TO BE SPLIT EQUALLY IN THE EVENT OF A MULTI-AUTHORED WORK. THE PRIZE MONEY IS MEANT SOLELY FOR AUTHORS AND CANNOT BE AWARDED TO AN INSTITUTION, SUCH AS A UNIVERSITY OR MUSEUM, OR COMPONENT PART, SUCH AS A DEPARTMENT. A JURY OF FIVE SENIOR NUMISMATISTS HAS BEEN APPOINTED BY THE PRESIDENT (WHO SITS IN THE JURY AS EX-OFFICIO MEMBER) OF THE AMERICAN NUMISMATIC SOCIETY. NO CONDITIONS ARE ATTACHED TO THE WAY THE WINNER(S) WILL USE THE PRIZE MONEY, WHO IS THEN INVITED TO THE ANS TO DELIVER A SPECIAL IN-PERSON LECTURE THAT IS MADE AVAILABLE FOR REMOTE ATTENDEES AND RECORDED. X X X X 0 0 0 0 0 0 0 0 0 DR GILLES BRANSBOURG EXECUTIVE DIRECTOR/SECRETARY 119398 0 0 0 0 0 14000 0 46586 0 179984 0 0 0 PETER VAN ALFEN CHIEF CURATOR 125142 0 0 0 0 0 12778 0 13971 0 151891 0 0 0 X 2 99096 AVG. SELLING PRICE X 38 0 2 0 1 1 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN PART I, COLUMN (B). PART I, LINE 32B: HIRE AND USE OF THIRD PARTIES: ANS OCCASIONALLY CONTRACTS WITH COMMERCIAL AUCTION HOUSES/COIN DEALERS TO SELL CONTRIBUTIONS OF COINS. THESE GIFTS MAY BE WORKS THAT HAVE BEEN PART OF THE COLLECTION FOR YEARS, OR THEY MAY, LESS FREQUENTLY, BE WORKS OF ART OR PERSONAL PROPERTY DONATED TO THE MUSEUM WITH THE SPECIFIC INTENTION THAT THEY BE SOLD TO REALIZE FUNDS IN CASH. THE TERMS AND CONDITIONS OF THE SALE ARE NEGOTIATED ON A CASE-BY-CASE BASIS. PART I, LINE 33: COIN COLLECTION OBJECTS DONATED TO THE ORGANIZATION ARE EXCLUDED FROM REVENUE IN THE ORGANIZATION'S FINANCIAL STATEMENTS AND IN ACCORDANCE WITH THIS, THE REVENUE IS ALSO EXCLUDED FROM THE FORM 990. FORM 990, PART VI, SECTION A, LINE 2 BOARD TRUSTEE, JONATHAN KAGAN AND BOARD PRESIDENT, UTE WARTENBERG KAGAN HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 THE SOCIETY HAS TWO (2) CLASSES OF MEMBERS: 1. FELLOWS (INCLUDING LIFE FELLOWS AND HONORARY LIFE FELLOWS) ARE ELECTED BY THE BOARD OF TRUSTEES FROM PERSONS NOMINATED BY THE SOCIETY'S NOMINATING AND GOVERNANCE COMMITTEE HAVING DEMONSTRATED EXEMPLARY PERSONAL AND PROFESSIONAL QUALITIES IN NUMISMATICS AND RELATED FIELDS. 2. ASSOCIATE MEMBERS ARE INDIVIDUALS INTERESTED IN NUMISMATICS, WHO APPLY FOR MEMBERSHIP. ASSOCIATE MEMBERSHIP IS GRANTED BY APPROVAL OF THE BOARD OF TRUSTEES. RIGHTS AND PRIVILEGES OF MEMBERSHIP ARE AVAILABLE TO ASSOCIATE MEMBERS, BUT THEY DO NOT HAVE THE RIGHT TO VOTE ON SOCIETY MATTERS, NOR DOES THEIR ATTENDANCE AT MEETINGS CONTRIBUTE TO QUORUM REQUIREMENTS. FORM 990, PART VI, SECTION A, LINE 7A AT THE ANNUAL MEETING OF THE SOCIETY, THE ELECTION OF ONE-THIRD OF THE BOARD OF TRUSTEES TAKES PLACE. FELLOWS ELECT THE TRUSTEES. FELLOWS AND ASSOCIATE MEMBERS ARE ELIGIBLE TO BECOME TRUSTEES. ALL FELLOWS, INCLUDING HONORARY LIFE FELLOWS, ARE ENTITLED TO VOTE. ASSOCIATE MEMBERS DO NOT HAVE THE RIGHT TO VOTE IN BOARD ELECTIONS. FORM 990, PART VI, SECTION A, LINE 7B FELLOWS OF THE SOCIETY HAVE VOTING RIGHTS PURSUANT TO THE SOCIETY'S BY-LAWS, INCLUDING THE POWER TO: 1. ELECT THE BOARD OF TRUSTEES FROM THOSE NOMINATED BY THE NOMINATING AND GOVERNANCE COMMITTEE; 2. ADOPT ALTERATIONS, AMENDMENTS OR ITEMS OF REPEAL TO THE SOCIETY'S MISSION STATEMENT, ARTICLES OF INCORPORATION OR BY-LAWS: 3. SERVE ON BOARD COMMITTEES, AS DESIGNATED AND APPROVED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE SOCIETY HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND IS REVIEWED BY THE DEPUTY DIRECTOR AND THE EXECUTIVE DIRECTOR. A COMPLETE COPY OF THE 990 IS THEN PROVIDED TO ALL MEMBERS OF THE BOARD OF TRUSTEES FOR THEIR REVIEW AND COMMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE AMERICAN NUMISMATIC SOCIETY (ANS) HAS IN PLACE A CONFLICT OF INTEREST POLICY. THE CONFLICT OF INTEREST POLICY AND DISCLOSURE STATEMENT ARE DISTRIBUTED TO ALL TRUSTEES, OFFICERS, AND KEY PERSONS ON AN ANNUAL BASIS AND SUCH PERSONS ARE REQUIRED TO SIGN THE DISCLOSURE STATEMENT, DISCLOSING ANY POTENTIAL CONFLICTS OF INTERESTS. COMPLETED DISCLOSURE STATEMENTS ARE REVIEWED BY THE PRESIDENT OF ANS. IN ADDITION, ANY NEW CONFLICTS OR CHANGE IN CIRCUMSTANCES ARE BROUGHT TO THE ATTENTION OF THE PRESIDENT OF ANS. THE AUDIT COMMITTEE THEN REVIEWS ALL MATTERS INVOLVING CONFLICTS OF INTEREST, INCLUDING POTENTIAL CONFLICTS, AND RECOMMENDS TO THE BOARD OF TRUSTEES WHETHER TO APPROVE SUCH MATTERS. THE APPROVAL OF ANY MATTER INVOLVING A CONFLICT OF INTEREST, INCLUDING POTENTIAL CONFLICTS, MUST REQUIRE THE APPROVAL OF AT LEAST A MAJORITY VOTE OF THE INDEPENDENT MEMBERS OF THE BOARD PRESENT AND VOTING AT THE MEETING. PERSONS HAVING ACTUAL OR APPARENT CONFLICTS MUST RECUSE THEMSELVES FROM DELIBERATIONS AND VOTING ON MATTERS GIVING RISE TO SUCH CONFLICT. DISCUSSIONS OF ANY POTENTIAL CONFLICT OF INTERESTS ARE RECORDED IN THE MINUTES OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A THE PERSONNEL COMMITTEE OF THE BOARD OF TRUSTEES IS CHARGED WITH ANNUALLY DETERMINING, REVIEWING AND APPROVING THE EXECUTIVE DIRECTOR'S COMPENSATION. THE COMMITTEE CONSIDERS ALL AVAILABLE INFORMATION INCLUDING THAT FROM COMPARABLE ORGANIZATIONS (SUCH AS FORM 990S OF SIMILAR NON-PROFITS IN THE SAME GEOGRAPHIC AREA), PUBLISHED COMPENSATION STUDIES, AND CURRENT ECONOMIC CONDITIONS. A FINAL REPORT OF ALL COMPENSATION DECISIONS IS PRESENTED TO THE BOARD OF TRUSTEES AND RECORDED IN THE BOARD MINUTES. THIS PROCESS WAS LAST CONDUCTED IN 2022 FOR FY2023. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE SERVICE CODE. IT IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR WEBSITES. IN ADDITION, THE ORGANIZATION'S FORM 990, AUDITED FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION, AND BY-LAWS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: UNREALIZED GAIN IN INTEREST IN PERPETUAL TRUSTS 201,567. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE SELECTS THE INDEPENDENT ACCOUNTANT AND HAS OVERSIGHT RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS. THIS PROCESS HAS NOT CHANGED FROM THE PROCESS EMPLOYED IN THE PRIOR YEAR.