2023-02-06T11:56:04-06:00 2022-06-30 390859910 BAKER TILLY US LLP 1 HIGHWOOD DRIVE TEWKSBURY MA 01876 990 2021-07-01 203069102 FULLER CRAFT MUSEUM INC FULL 5085886000 455 OAK STREET BROCKTON MA 02301 ERIN MCGOUGH ROWE EXECUTIVE DIRECTOR 5085886000 2023-02-02 ERIN MCGOUGH ROWE 999009999 MATTHEW KALIL CPA MBA P01517069 9785575300 2023-02-02 X 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z ERIN MCGOUGH ROWE 455 OAK STREET BROCKTON MA 02301 1524275 0 X FULLERCRAFT.ORG X 2005 MA FULLER CRAFT MUSEUM OFFERS EXPANSIVE OPPORTUNITIES TO DISCOVER THE WORLD OF CONTEMPORARY CRAFT. BY EXPLORING THE LEADING EDGE OF CRAFT THROUGH EXHIBITIONS, COLLECTIONS, EDUCATION, AND PUBLIC PROGRAMS, WE CHALLENGE PERCEPTIONS AND BUILD APPRECIATION OF THE MATERIAL WORLD. OUR PURPOSE IS TO INSPIRE, STIMULATE, AND ENRICH AN EVER EXPANDING COMMUNITY. 17 17 31 0 0 0 1319886 1244280 89409 215996 29883 63999 0 0 1439178 1524275 0 0 0 0 733071 856100 0 0 173149 570746 723757 1303817 1579857 135361 -55582 11776814 9806445 172578 92998 11604236 9713447 X FULLER CRAFT MUSEUM OFFERS EXPANSIVE OPPORTUNITIES TO DISCOVER THE WORLD OF CONTEMPORARY CRAFT. BY EXPLORING THE LEADING EDGE OF CRAFT THROUGH EXHIBITIONS, COLLECTIONS, EDUCATION, AND PUBLIC PROGRAMS, WE CHALLENGE PERCEPTIONS AND BUILD APPRECIATION OF THE MATERIAL WORLD. OUR PURPOSE IS TO INSPIRE, STIMULATE, AND ENRICH AN EVER EXPANDING COMMUNITY. 0 0 1118633 215996 COLLECTIONS AND EXHIBITIONS, MUSEUM GIFT SHOP, MUSEUM SCHOOL AND EDUCATION. 1118633 1 1 0 0 0 0 0 1 0 0 1 0 0 1 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 0 0 0 0 0 0 0 0 1 12 0 1 31 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X THE ORGANIZATION 5085886000 455 OAK STREET BROCKTON MA 02301 JEREMY FARO DIRECTOR 1.00 X 0 0 0 CHRIS FITCH DIRECTOR 1.00 X 0 0 0 EMMA GREENE DIRECTOR 1.00 X 0 0 0 JOE LUDWIG DIRECTOR 1.00 X 0 0 0 CATHERINE MCLETCHIE DIRECTOR 1.00 X 0 0 0 ERIKA KATES DIRECTOR 1.00 X 0 0 0 JONATHAN KNIGHT DIRECTOR 1.00 X 0 0 0 SARAH RICHARDS DIRECTOR 1.00 X 0 0 0 CHRIS RIFKIN DIRECTOR 1.00 X 0 0 0 ALEX RYSMAN DIRECTOR 1.00 X 0 0 0 NII-AMA AKUETE DIRECTOR 1.00 X 0 0 0 JOYCE LINEHAN DIRECTOR (SINCE JUN 2022) 1.00 X 0 0 0 LEONA MARTIN DIRECTOR (SINCE JUN 2022) 1.00 X 0 0 0 JUDITH KNIGHT SECRETARY 2.00 X X 0 0 0 ROB MAY VICE CHAIR 2.00 X X 0 0 0 ANNIE ROSEN CHAIR 2.00 X X 0 0 0 KAVEH MOJTABAI TREASURER 2.00 X X 0 0 0 DENISE LEBLANC EXECUTIVE DIR (UNTIL OCT 2021) 32.00 X 89518 0 1378 ELIZABETH MCLAUGHLIN INTERIM ED (OCT TO DEC '21) 32.00 X 66938 0 2171 ERIN MCGOUGH ROWE EXECUTIVE DIR (SINCE JAN '22) 32.00 X 0 0 0 156456 0 3549 0 0 0 0 0 52032 138949 1053299 1244280 MUSEUM SHOP 900099 80094 80094 ADMISSIONS AND TOURS 900099 77219 77219 FEE INCOME 900099 58683 58683 215996 63999 63999 1524275 215996 0 63999 124149 86904 17381 19864 581485 469642 34558 77285 7911 6553 348 1010 72051 56859 5280 9912 70504 55639 5166 9699 72134 72134 14498 14498 71688 12578 42128 16982 22457 6944 15 15498 16806 5533 7393 3880 15852 13758 2094 114963 112948 1473 542 3515 3080 198 237 86688 81974 1027 3687 41738 41738 PURCHASES & TRANSPORTAT 74976 74976 EQUIPMENT 60819 42900 9742 8177 COMMISSION ON ART SALES 37555 37555 OTHER EXPENSE 27610 27610 62458 23180 32902 6376 1579857 1118633 288075 173149 370438 60611 457148 475141 14953 12653 3999285 2769754 1250482 1229531 1385367 1415188 8298426 6613321 11776814 9806445 33873 92998 138605 0 100 0 172578 92998 X 1714944 1545985 9889292 8167462 11604236 9713447 11776814 9806445 X -55582 -150102 -1685105 X X 0 1 X 1 0 X 535199 1618389 1294884 1188306 1244280 5881058 310701 193996 157266 89409 215996 967368 845900 1812385 1452150 1277715 1460276 6848426 181049 579220 32500 162077 24265 979111 0 181049 579220 32500 162077 24265 979111 5869315 31037 53711 48544 29883 63999 227174 31037 53711 48544 29883 63999 227174 1178 1428 2606 876937 1867274 1502122 1307598 1524275 7078206 0.82920 0.81380 0.03210 0.03190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 88609 88609 3136103 1999840 1136263 557742 511545 46197 216831 258369 -41538 1229531 BENEFICIAL INTEREST IN MYRON L. FULLER TRUST 6613321 6613321 X -325430 -150102 -1685105 -1835207 1509777 14498 14498 1524275 1565359 0 1565359 14498 14498 1579857 PART III, LINE 1A: THE ORGANIZATION MAINTAINS AND DISPLAYS A SPECIAL COLLECTION OF WORKS FROM ACROSS THE UNITED STATES THAT INCLUDES EXHIBITS OF CRAFT IN GLASS, METAL, CERAMIC, FIBER AND WOOD. THE ORGANIZATION'S COLLECTION IS KEPT UNENCUMBERED, CARED FOR, PRESERVED, AND MAINTAINED FOR PUBLIC EXHIBITION AND EDUCATION RATHER THAN FOR FINANCIAL GAIN. PROCEEDS FROM THE SALE OF ANY ITEM IN THE COLLECTION ARE USED TO ACQUIRE OTHER COLLECTION ITEMS. THE FAIR VALUE OF THOSE COLLECTIONS IS NOT INCLUDED IN THE ACCOMPANYING STATEMENTS OF FINANCIAL POSITION. PART X, LINE 2: THE ORGANIZATION IS A NONPROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON TRADE OR BUSINESS PROFITS GENERATED BY ACTIVITIES RELATED TO THE ORGANIZATION'S EXEMPT FUNCTION. THE ORGANIZATION MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES FOR PROFITS GENERATED FROM TRADE OR BUSINESS ACTIVITIES UNRELATED TO THE ORGANIZATION'S EXEMPT FUNCTION. AS OF JUNE 30, 2022, MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS NOT GENERATED ANY UNRELATED BUSINESS TAXABLE INCOME. THE ORGANIZATION ASSESSES THE RECORDING OF UNCERTAIN TAX POSITIONS BY EVALUATING THE MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT REQUIREMENTS A TAX POSITION MUST MEET BEFORE BEING RECOGNIZED AS A BENEFIT IN THE FINANCIAL STATEMENTS. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ACCRUED ON ANY UNCERTAIN TAX POSITIONS AS A COMPONENT OF INCOME TAX EXPENSE, IF ANY, IN ITS STATEMENTS OF ACTIVITIES. THE ORGANIZATION HAS NOT RECOGNIZED ANY LIABILITIES FOR UNCERTAIN TAX POSITIONS OR UNRECOGNIZED BENEFITS AS OF JUNE 30, 2022. THE ORGANIZATION DOES NOT EXPECT ANY MATERIAL CHANGE IN UNCERTAIN TAX BENEFITS WITHIN THE NEXT 12 MONTHS. PART XI, LINE 2D - OTHER ADJUSTMENTS: NET CHANGE IN VALUE OF INVESTMENTS HELD IN MYRON L. FULLER TRUST -1,685,105. FORM 990, PART VI, SECTION A, LINE 2 JUDITH KNIGHT AND JONATHAN KNIGHT ARE A MARRIED COUPLE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY MANAGEMENT AND SUBSEQUENTLY BY THE BOARD OF DIRECTORS PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES DISCLOSURE OF ANY CONFLICT TO THE BOARD CHAIR OR THE CHAIR OF THE GOVERNANCE COMMITTEE AND OTHERWISE PURSUE THE ETHICAL HANDLING OF CONFLICTS (WHETHER ACTUAL OR APPARENT) WHEN CONFLICTS OR THE APPEARANCE OF CONFLICTS ARE UNAVOIDABLE. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE EXECUTIVE DIRECTOR IS DETERMINED BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS ON AN ANNUAL BASIS. THE EXECUTIVE DIRECTOR'S COMPENSATION LEVEL IS BASED ON A THOROUGH PERFORMANCE EVALUATION AND BY PERIODIC COMPARISON TO OTHER MUSEUM ORGANIZATION'S COMPENSATION LEVELS AS SUPPLIED BY THE NEW ENGLAND MUSEUM ASSOCATION (NEMA). FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL MAKE ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: NET CHANGE IN VALUE OF INVESTMENTS HELD IN MYRON L. FULLER TRUST -1,685,105. FORM 990; PART XII; LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT FOR THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED DURING THE YEAR.