2024-11-14T16:09:42-06:00 2023-12-31 132572848 OWEN PETERSEN AND CO LLP 1757 VETERANS MEMORIAL HWY STE 14 ISLANDIA NY 11749 990 2023-01-01 111700962 SUFFOLK COUNTY HISTORICAL SOCIETY SUFF 6317272881 300 WEST MAIN STREET RIVERHEAD NY 11901 MICHAEL CAIN TREASURER 6317272881 2024-11-14 1 1 LISA MARTINELLI-BOWMAN CPA P00292312 6313219800 2024-11-14 2023 2024-10-15 13:58:12Z MICHAEL CAIN 300 WEST MAIN STREET RIVERHEAD NY 11901 503566 0 X WWW.SUFFOLKCOUNTYHISTORICALSOCIETY.ORG X 1886 NY THE SOCIETY PROVIDES EDUATIONAL PROGRAMS, A MUSEUM, AND A LIBRARY FOR THE BENEFIT OF STUDENTS, RESEARCHERS, AND THE GENERAL PUBLIC. 15 15 12 4 0 0 433045 399840 4102 2699 13989 13346 0 907 451136 416792 0 0 0 0 325598 341595 0 0 18367 234446 213262 560044 554857 -108908 -138065 2305494 2224225 27704 28996 2277790 2195229 A HISTORICAL SOCIETY THAT PROVIDES EDUCATIONAL PROGRAMS, A MUSEUM, AND A LIBRARY FOR THE BENEFIT OF STUDENTS, RESEARCHERS AND THE GENERAL PUBLIC. 0 0 0 2146 EDUCATION PROGRAMS - SERVES LOCAL SCHOOL DISTRICTS AND THE PUBLIC ON THE HISTORY OF SUFFOLK COUNTY, IT'S PEOPLE AND PLACES: ALSO COMPUTER INTEREST GROUPS AND GENEAOLOGISTS. 118322 553 3RESEARCH LIBRARY - PUBLIC AND EDUCATIONAL REFERENCE LIBRARY PROVIDING HISTORICAL DOCUMENTS AND GENEOLOGICAL/HISTORY PROGRAMS 332176 MUSEUM- PUBLIC AND EDUCATIONAL DISPLAYS AND EXHIBITS REFLECTING THE HISTORY OF SUFFOLK COUNTY. 450498 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 6 0 12 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X SUFFOLK COUNTY HISTORICAL SOCIETY 6317272881 300 WEST MAIN STREET RIVERHEAD NY 11901 MR ROBERT FINNEGAN TRUSTEE 3.00 X 0 0 0 MR ICILIO BIANCHI TRUSTEE 1.00 X 0 0 0 MR DAVID CLEMENS TRUSTEE 1.00 X 0 0 0 MS VICTORIA BERGER EXECUTIVE DIRECTOR 40.00 X 95567 0 0 MR STEVEN LUCAS TRUSTEE 1.00 X 0 0 0 MS LAURA JENS SMITH TRUSTEE 1.00 X 0 0 0 MR RICHARD WELCH TRUSTEE 1.00 X 0 0 0 MS MARYLAURA LAMONT TRUSTEE 1.00 X 0 0 0 MR TIMOTHY CAREW TRUSTEE 1.00 X 0 0 0 MS KIMBERLY JUDD TRUSTEE 1.00 X 0 0 0 MR JUDD KRAMARCIK TRUSTEE 1.00 X 0 0 0 MS MELANIE CARDONE-LEATHERS TRUSTEE 1.00 X 0 0 0 MR BOB BARAUSKAS PRESIDENT 10.00 X 0 0 0 MR ROBERT ANRIG TREASURER 10.00 X 0 0 0 MR CHRISTOPHER BODKIN VICE PRESIDENT 1.00 X 0 0 0 MR MICHAEL CAIN SECRETARY 5.00 X 0 0 0 95567 0 0 0 0 0 0 0 14545 349018 36277 241 399840 2699 2699 2699 22550 22550 75147 84351 -9204 -9204 -9204 3330 2423 907 907 416792 -5598 0 22550 95567 76453 9557 9557 214762 172752 38124 3886 7434 5969 1143 322 23832 19138 3662 1032 16000 16000 7275 7275 8653 8236 417 8454 8454 16985 14192 2294 499 38842 35986 2688 168 2611 2611 54633 51060 670 2903 24534 23847 687 EXHIBITS AND CONSERVATI 31180 31180 MISCELLANEOUS 3231 2850 381 MEMBERSHIP AND SUBSCRIP 864 381 483 554857 450498 85992 18367 X 59940 99354 32226 32322 134534 3315 25298 25121 9000 9295 2309657 876086 1485084 1433571 559412 621247 2305494 2224225 21326 22401 6378 6595 27704 28996 X 2269244 2185656 8546 9573 2277790 2195229 2305494 2224225 -138065 55504 0 X 0 1 X 1 0 X 953042 436359 460833 391378 399840 2641452 953042 436359 460833 391378 399840 2641452 167149 2474303 12325 18613 31623 16004 22550 101115 2742567 0.90220 0.90920 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: BEQUEST DATE: 08/21/19 AMOUNT: 166667. DESCRIPTION: BEQUEST DATE: 11/23/20 AMOUNT: 161560. DESCRIPTION: BEQUEST DATE: 05/11/22 AMOUNT: 41667. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 26634 26634 2087896 682993 1404903 194475 192811 1664 652 282 370 1433571 X 467444 55504 2423 57927 409517 7275 7275 416792 550005 2423 2423 547582 7275 7275 554857 PART III, LINE 1A: IN ACCORDANCE WITH ASU 2019-03, THE SOCIETY DOES NOT CAPITALIZE DONATED WORKS OF ART OR RECOGNIZE THEM AS REVENUES OR GAINS ON THE STATEMENT OF ACTIVITIES. THAT STATEMENT PROVIDES THAT SUCH DONATIONS NEED NOT BE RECOGNIZED IF THEY ARE ADDED TO COLLECTIONS THAT ARE HELD FOR PUBLIC EXHIBITION, EDUCATION OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FINANCIAL GAIN; ARE PROTECTED, KEPT UNEMCUMBERED, CARED FOR, AND PRESERVED; AND ARE SUBJECT TO A POLICY THAT REQUIRES THE PROCEEDS FROM SALES OF COLLECTION ITEMS TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. IN ADDITION, ITEMS ACQUIRED THROUGH PURCHASE ARE NOT CAPITALIZED. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTION IF PURCHASED WITH SUCH ASSETS AND AS DECREASES IN NET ASSETS WITH DONOR RESTRICTION IF PURCHASED WITH DONOR RESTRICTED ASSETS. PROCEEDS FROM THE SALE OF COLLECTION ITEMS ARE PRESENTED AS AN INCREASE IN NET ASSETS. THE SOCIETY'S COLLECTION'S MANAGEMENT POLICY ESTABLISHES FOUR BROAD CATEGORIES OF COLLECTIONS, GENERAL HISTORY, DECORATIVE ARTS, FINE AND FOLK ARTS, AND ETHNOGRAPHIC AND NATURAL HISTORY, WHICH GUIDE THE SOCIETY'S COLLECTING PRACTICES. WITHIN THESE CATAGORIES THERE ARE SMALLER GROUPINGS OF DIVERSE HISTORICAL OBJECTS THAT INCLUDE ITEMS SUCH AS ARMS AND ARMAMENT, COSTUMES, TOOLS AND EQUIPMENT, CERAMICS, FURNITURE, GLASS, TEXTILES, PAINTINGS, DRAWINGS, SCULPTURE, GRAPHIC ARTS, MUSICAL INSTRUMENTS,PROJECTILE POINTS AND STONE TOOLS,NATIVE AMERICAN HANDIWORK AND WILDLIFE SPECIMENS. THE GENERAL HISTORY (COSTUME, TOOLS AND EQUIPMENT,DOLLS, TOYS AND GAMES)AND THE DECORATIVE ARTS (CERAMICS, FURNITURE AND TEXTILES) ARE CONSIDERED THE "PRIMARY COLLECTIONS" OF THE SOCIETY. THE LIBRARY AND ARCHIVAL COLLECTIONS ARE DIVIDED INTO TWO BROAD CATEGORIES, EACH WITH SUB-GROUPINGS. THE LIBRARY COLLECTIONS INCLUDE MATERIALS FOR GENERAL HISTORICAL RESEARCH, GENEALOGICAL RESEARCH AND CULTURAL RESOURCE PUBLICATIONS. THE ARCHIVE INCLUDES PERSONAL PAPERS, ACCOUNT BOOKS, DIARIES, MARITIME DOCUMENTS, PHOTOGRAPHS, MAPS AND RAILROAD MATERIALS. THE PHOTOGRAPH COLLECTIONS, AND MANUSCRIPT COLLECTIONS (ORIGINAL DOCUMENTS) ARE IRREPLACEABLE, AND THEREFORE ARE CONSIDERED TO BE OF GREATER IMPORTANCE RELATIVE TO OTHER COLLECTIONS. PART X, LINE 2: ACCOUNTING STANDARDS REQUIRE THAT MANAGEMENT EVALUATE THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS. COMPANIES ARE REQUIRED TO RECOGNIZE IN THEIR FINANCIAL STATEMENTS THE IMPACT OF A TAX POSITION IF THE POSITION IS MORE LIKELY THAN NOT OF BEING SUSTAINED ON AUDIT. THE POSITON ASCERTAINED INHERENTLY REQUIRES JUDGMENT AND ESTIMATES BY MANAGEMENT. FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022 THE SOCIETY DOES NOT BELIEVE THAT THEY HAVE ANY MATERIAL UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE THEM TO MEASURE AND REFLECT THE POTENTIAL LACK OF SUSTAINABILITY OF A POSITION ON AUDIT IN THEIR FINANCIAL STATEMENTS. MANGEMENT WILL CONTINUE TO EVALUATE THEIR TAX POSITIONS TO DETERMINE IF MEASUREMENT AND RECOGNITION IN THE PRESENTATION OF FINANCIAL STATEMENTS IS REQUIRED. THE SOCIETY BELIEVES IT IS NO LONGER SUBJECT TO EXAMINATION PRIOR TO 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF MERCHANDISE SOLD PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF MERCHANDISE SOLD X 1433 X BOOKS FOR SALE 16 241 FMV 0 0 0 PART I, LINE 33: THE SOCIETY DOES NOT CAPITALIZE ITS COLLECTION ITEMS. NO VALUE IS ASSIGNED. FORM 990, PART VI, SECTION A, LINE 6 THE SOCIETY'S MEMBERSHIP IS MAINLY MADE UP OF INDIVIDUALS WHO RESIDE IN THE COUNTY OF SUFFOLK. THE SOCIETY CHARGES A MEMBERSHIP FEE WHICH ENTITLES THE MEMBER TO FREE USE OF THE SOCIETY'S LIBRARY COLLECTIONS, INCLUDING RESEARCH SERVICES AND PHOTOCOPYING OF RESEARCH MATERIAL AT A REDUCED RATE. MEMBERS ALSO RECIEVE A 10% DISCOUNT IN THE SOCIETY'S MUSEUM GIFT SHOP. FORM 990, PART VI, SECTION A, LINE 7A ALL OFFICERS AND DIRECTORS MUST BE MEMBERS OF THE SOCIETY AND SHALL BE ELECTED BY A PLURALITY OF VOTES CAST BY BALLOT AT THE ANNUAL MEETING BY MEMBERS OF THE SOCIETY. FORM 990, PART VI, SECTION A, LINE 7B THE CONSTITUTION AND BY-LAWS MAY BE AMENDED AT ANY REGULAR MEETING OF THE SOCIETY BY A TWO THIRD (2/3) VOTE OF THOSE VOTING, PROVIDED A THIRTY (30) DAY NOTICE IN WRITING OF THE PROPOSED CHANGE BE SERVED BY MAIL ON EACH MEMBER. OR IT MAY BE AMENDED AT A SPECIAL MEETING CALLED FOR THAT PURPOSE, WITH THE REQUIRED PREVIOUS NOTICE AND A TWO THIRD (2/3) VOTE. ALL PROPOSED AMENDMENTS SHALL BE SUBMITTED IN WRITING. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE AUDITORS,BASED ON THE AUDITED FINANCIAL STATEMENT, AND IS REVIEWED BY THE DIRECTOR, TREASURER AND THE AUDIT COMMITTEE BEFORE RELEASED BY THE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL REVIEW OF WRITTEN POLICY, WITH ACKNOWLEDGEMENT SIGNATURES, BY ALL TRUSTEES AND OFFICERS. SIGNATURES ARE AFFIXED DURING A REGULAR TRUSTEES MEETING AT WHICH OPPORTUNITY TO DISCUSS OR ASK QUESTIONS IS AFFORDED TO ALL INVOLVED, AND THE SIGNATURE SHEET IS INCLUDED IN THE MINUTES OF THE MEETING. FORM 990, PART VI, SECTION B, LINE 15 PER WRITTEN POLICY, THE BOARD (ALL BOARD MEMBERS ARE INDEPENDENT AND FREE OF RELATED CONFLICTS OF INTEREST) CONDUCTS AN ANNUAL PERFORMANCE AND COMPENSATION REVIEW OF THE EXECUTIVE DIRECTOR, INCLUDING CONSIDERATION OF COMPARATIVE COMPENSATION DATA, AND DETERMINES COMPENSATION AND CONTRACT ADJUSTMENTS. THE REVIEW IS REPORTED IN THE BOARD MINUTES. NO OFFICERS RECEIVE COMPENSATION. THERE ARE NO "OTHER KEY EMPLOYEES" AS DEFINED IN THE INSTRUCTIONS FOR PART VII SECTION A. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. NO SUCH REQUESTS WERE RECEIVED DURING 2023.