2022-09-07T14:50:32-05:00 2021-12-31 043728817 TRONCONI SEGARRA & ASSOCIATES LLP 8321 MAIN STREET WILLIAMSVILLE NY 14221 990 2021-01-01 042637109 THE SPORTS MUSEUM OF NEW ENGLAND INC SPOR 6176241237 ONE HUNDRED LEGENDS WAY 200 BOSTON MA 021141310 RUSSELL SULLIVAN EXECUTIVE DIRECTOR 6176241237 2022-09-01 1 RUSSELL SULLIVAN 999009999 ADAM P OHAR CPA P00844640 7166331373 2022-09-01 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z RUSSELL SULLIVAN ONE HUNDRED LEGENDS WAY 200 BOSTON MA 021141310 1627252 0 X WWW.SPORTSMUSEUM.ORG X 1977 MA AT THE SPORTS MUSEUM, WE CELEBRATE THE CHARACTER OF BOSTON SPORTS -- THE UNIQUE BRAND OF TEAMWORK, DETERMINATION, RESPONSIBILITY, COURAGE, FAIRNESS, AND OTHER QUALITIES OF CHARACTER POSSESSED BY OUR TEAMS AND ATHLETES THAT MAKE BOSTON "THE GREATEST SPORTS CITY IN AMERICA." EQUALLY IMPORTANT, WE USE THIS DISTINCTLY RICH HERITAGE TO HELP BUILD CHARACTER IN KIDS SO THAT THEY CAN STAND STRONG IN THE FACE OF DRUGS, VIOLENCE, AND OTHER DANGERS. APPROXIMATELY 25,000 STUDENTS PER YEAR EXPERIENCE BOSTON VS. BULLIES, STAND STRONG, OR ONE OF OUR OTHER CHARACTER-BUILDING EDUCATIONAL PROGRAMS THAT WE OFFER TO THIS END. 26 26 0 30 0 0 684147 1193695 11635 52550 2127 729 126901 44223 824810 1291197 0 0 0 0 0 0 0 0 0 731469 1064475 731469 1064475 93341 226722 570285 1026053 377849 609375 192436 416678 OUR MISSION IS TO USE SPORTS TO TEACH THE VALUES OF LEADERSHIP, RESPECT, AND COOPERATION TO OUR YOUTH WHILE HONORING OUR LEADING ATHLETES AND CITIZENS BY PRESERVING AND SHOWCASING THE DISTINCTLY RICH HERITAGE OF BOSTON SPORTS. 0 0 353566 52550 MAINTENANCE OF FACILITY FOR SPORTS MEMORABILIA (THE MUSEUM) IN THE BOSTON AND NEW ENGLAND AREA. PROVIDE THE PUBLIC WITH THE OPPORTUNITY TO ENJOY AND VIEW THE MEMORABILIA. 176784 STAND STRONG REVOLVES AROUND FIVE ELEMENTS OF CHARACTER -DETERMINATION, COURAGE, TEAMWORK, FAIRNESS, AND RESPONSIBILITY. THE PROGRAM WORKS WITH AT-RISK YOUTH THROUGH INVOLVEMENT WITH MUSEUM ACTIVITIES, SCHOOL SESSIONS, FIELD TRIPS, COMMUNITY SERVICE PROJECTS AND PRESENTATIONS FROM BOSTON ATHLETES TO GIVE THEM THE TOOLS TO MAKE THE RIGHT CHOICES IN THE FACE OF DRUGS, VIOLENCE, AND OTHER DANGERS. 353566 BOSTON VS. BULLIES IS OUR INNOVATIVE ANTI-BULLYING EDUCATIONAL PROGRAM THAT FEATURES CURRENT ATHLETES FROM BOSTON'S PROFESSIONAL SPORTS TEAMS AND LEVERAGES THE POWERFUL PLATFORM OF BOSTON SPORTS IN ORDER TO STOP BULLYING IN OUR SCHOOLS AND IN OUR COMMUNITY. 883916 1 1 0 0 0 0 0 1 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 26 26 0 1 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 1 1 0 MA X RUSSELL SULLIVAN 6176241237 ONE HUNDRED LEGENDS WAY 200 BOSTON MA 021141310 X RUSSELL SULLIVAN EXECUTIVE DIRECTOR 60.00 X 0 0 0 JOE PRESTON CHAIR, TRUSTEE 1.00 X X 0 0 0 GARY PIRRI TREASURER, TRUSTEE 1.00 X X 0 0 0 J KEITH MOTLEY PH D VICE CHAIR, TRUSTEE 1.00 X X 0 0 0 TAMIE THOMPSON CLERK, TRUSTEE 1.00 X X 0 0 0 GREG AGGANIS TRUSTEE 1.00 X 0 0 0 FRAN ALLEN TRUSTEE 1.00 X 0 0 0 PAIGE ARNOF-FENN TRUSTEE 1.00 X 0 0 0 JAMES BEDNAREK TRUSTEE 1.00 X 0 0 0 LYMAN BULLARD TRUSTEE 1.00 X 0 0 0 JIM DAVIS TRUSTEE 1.00 X 0 0 0 BILL GALATIS TRUSTEE 1.00 X 0 0 0 ANDREW GRAFF TRUSTEE 1.00 X 0 0 0 HON R MALCOLM GRAHAM TRUSTEE 1.00 X 0 0 0 TOM GRILK TRUSTEE 1.00 X 0 0 0 CHARLIE JACOBS TRUSTEE 1.00 X 0 0 0 KATHERINE BURTON JONES TRUSTEE 1.00 X 0 0 0 JULIE KAHN TRUSTEE 1.00 X 0 0 0 PAM KENN TRUSTEE 1.00 X 0 0 0 CHRIS LINDNER TRUSTEE 1.00 X 0 0 0 TJ MAHONY TRUSTEE 1.00 X 0 0 0 DAVID MCGRATH TRUSTEE 1.00 X 0 0 0 CHRISTIAN MEGLIOLA TRUSTEE 1.00 X 0 0 0 ALLYCE NAJIMY TRUSTEE 1.00 X 0 0 0 GEORGE REGAN TRUSTEE 1.00 X 0 0 0 ANDRE TIPPETT TRUSTEE 1.00 X 0 0 0 CRAIG TORNBERG TRUSTEE 1.00 X 0 0 0 PAUL FOSTER TRUSTEE (HONORARY) 1.00 X 0 0 0 STEPHEN A GREYSER TRUSTEE (HONORARY) 1.00 X 0 0 0 STEVE BELKIN TRUSTEE (HONORARY) 1.00 X 0 0 0 DAVE COWENS TRUSTEE (HONORARY) 1.00 X 0 0 0 RICH KREZWICK TRUSTEE (HONORARY) 1.00 X 0 0 0 GUY MORSE TRUSTEE (HONORARY) 1.00 X 0 0 0 RICH POND TRUSTEE (HONORARY) 1.00 X 0 0 0 JAN VOLK TRUSTEE (HONORARY) 1.00 X 0 0 0 JOHN WENTZELL TRUSTEE (HONORARY) 1.00 X 0 0 0 DAVID WOODMAN TRUSTEE (HONORARY) 1.00 X 0 0 0 0 0 0 0 0 0 0 0 447888 201496 544311 1193695 ADMISSIONS 711300 52550 52550 52550 729 729 246945 447888 336055 -89110 -89110 SPONSORSHIP INCOME 900099 133333 133333 133333 1291197 52550 0 44952 X 70928 70928 11791 11791 642688 629427 13261 9237 9237 11852 11852 46418 46418 EDUCATIONAL PROGRAMS 188744 188744 OVERHEAD (SEE SCH. O) 29167 29167 EXHIBIT EXPENSE 19327 19327 SEMINARS AND DUES 10912 10912 23411 23411 1064475 883916 180559 0 249548 718421 184607 175066 20991 20893 43937 12287 33365 31650 81774 80023 570285 1026053 39320 184980 14100 14400 324429 409995 377849 609375 X 110662 336655 81774 80023 192436 416678 570285 1026053 226722 -2480 0 X X 0 1 X 1 0 X 906263 969198 1100289 684147 1193695 4853592 906263 969198 1100289 684147 1193695 4853592 463749 4389843 1112 1341 1415 2127 729 6724 155000 155000 130000 161800 133333 735133 5595449 438271 0.78450 0.75730 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: SPONSORSHIP INCOME - 2017 AMOUNT: $ 155,000. 2018 AMOUNT: $ 155,000. 2019 AMOUNT: $ 130,000. 2020 AMOUNT: $ 130,000. 2021 AMOUNT: $ 133,333. FORGIVENESS OF DEBT - MISCELLANEOUS - 2020 AMOUNT: $ 31,800. 2021 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 1 43937 12287 31650 31650 DUE TO DELAWARE NORTH COMPANY, INC. - BOSTON 409995 409995 1709667 -2480 84895 336055 418470 1291197 0 1291197 1485425 84895 336055 420950 1064475 0 1064475 PART III, LINE 1A: THE MUSEUM HAS A SIGNIFICANT COLLECTION OF ANTIQUES AND ARTWORK RELATING TO SPORTS MEMORABILIA THAT WAS VALUED AT AN ESTIMATED CURRENT RETAIL REPLACEMENT VALUE OF $6,995,500. THE COLLECTION IS PARTLY ON DISPLAY AT THE MUSEUM AND PARTLY CONTAINED AT VARIOUS SECURED STORAGE FACILITIES. THE MUSEUM HAS ADOPTED A POLICY OF NOT CAPITALIZING THE COLLECTION OF ANTIQUES AND ARTWORK IN ITS FINANCIAL STATEMENTS. ACCORDINGLY, NO COLLECTION ITEMS ARE RECOGNIZED AS ASSETS, WHETHER THEY ARE PURCHASED OR RECEIVED AS A DONATION. PURCHASES OF COLLECTION ITEMS REDUCE NET ASSETS IN THE PERIOD PURCHASED. PROCEEDS FROM SALES OR INSURANCE RECOVERIES ARE RECORDED AS INCREASES IN NET ASSETS WHEN RECEIVED. SUBSEQUENT TO DECEMBER 31, 2021, THE MUSEUM OBTAINED AN UPDATED VALUATION BY A THIRD-PARTY ON ITS COLLECTION, WHICH ESTIMATED THE CURRENT RETAIL REPLACEMENT VALUE AT $12,280,500. PART III, LINE 4: ORGANIZATION MAINTAINS A COLLECTION OF BOSTON AREA SPORTS MEMORABILIA AND ARTIFACTS WHICH IT PRESERVES AND SHOWCASES TO THE PUBLIC AS PART OF ITS MISSION AND AS AN EDUCATIONAL PLATFORM FOR LOCAL SPORTS FIGURES TO SHARE LESSONS WITH AREA AT-RISK YOUTH. PART XI, LINE 2D: DIRECT EVENT EXPENSE OF $336,055 TOTAL PART XI, LINE 2D: $336,055 PART XII, LINE 2D: DIRECT EVENT EXPENSE OF $336,055 TOTAL PART XII, LINE 2D: $336,055 TRADITION EVENT 505763 349188 156575 1792 53722 74763 124901 GOLF TOURNAMENT 189070 98700 90370 1633 49614 29630 694833 447888 246945 1633 1792 103336 74763 154531 336055 -89110 FORM 990, PART V, LINE 2A: EMPLOYEES ARE PAID FROM AN AFFILIATED ORGANIZATION, DELAWARE NORTH COMPANIES, INC. - BOSTON ("DNC-BOSTON"). THE SPORTS MUSEUM WILL REIMBURSE DNC-BOSTON FOR THE AMOUNT OF PAYROLL EXPENSE THAT WAS INCURRED. ALL THE PAYROLL WILL BE REFLECTED ON DELAWARE NORTH COMPANIES, INC. PAYROLL FILINGS. FORM 990, PART VI, SECTION A, LINE 3 THE MUSEUM OPERATES UNDER A MANAGEMENT AGREEMENT WITH DELAWARE NORTH COMPANIES, INC. BOSTON ("DNC-BOSTON") THAT WAS ENTERED INTO ON MARCH 7, 2019 AND IS EFFECTIVE FOR THE PERIOD JANUARY 1, 2019 THROUGH DECEMBER 31, 2021. DNC-BOSTON HANDLES ALL OF THE DAILY OPERATIONS AND ACCOUNTING OF THE ORGANIZATION. DNC-BOSTON IS NOT RESPONSIBLE FOR ANY OPERATING COSTS OR RELATED EXPENSES, OR OTHER AMOUNTS ON BEHALF OF THE MUSEUM INCLUDING, BUT NOT LIMITED TO, OPERATING DEFICITS, WORKING CAPITAL, COSTS OR EXPENSES, OR OTHER AMOUNTS WITH RESPECT TO MUSEUM OPERATIONS. FOR ANY OPERATING DEFICITS, THE MUSEUM WILL NOT OWE A MANAGEMENT FEE TO DNC-BOSTON FOR THAT YEAR THROUGH DECEMBER 31, 2021. HOWEVER, ANY OPERATING DEFICIT INCURRED IN ANY OF THE YEARS OF THE AGREEMENT MAY BE CARRIED FORWARD TO THE FOLLOWING YEARS AND TAKEN INTO CONSIDERATION FOR EACH FOLLOWING YEAR'S OPERATING BUDGET UNTIL RECOVERED. AS PART OF THIS AGREEMENT, DNC-BOSTON RECEIVES THE FIRST $25,000 OF NET PROCEEDS FROM A SPECIFIED ANNUAL FUNDRAISING EVENT OF THE MUSEUM TO FUND THE REPAYMENT OF CERTAIN MUSEUM EXPENDITURES PREVIOUSLY PAID FOR BY DNC-BOSTON. IN ADDITION, $50,000 IS ALLOCATED ANNUALLY TO THE MUSEUM FOR FIXED OVERHEAD COSTS INCURRED BY DNC-BOSTON. HOWEVER, DNC-BOSTON DID NOT REQUIRE THE MUSEUM TO MAKE THE ENTIRE $50,000 PAYMENT FOR EITHER OF THE YEARS ENDED DECEMBER 31, 2020 AND DECEMBER 31, 2021 DUE TO THE COVID-19 PANDEMIC. THE AMOUNT OF OVERHEAD CHARGED TO THE MUSEUM WAS $29,167 FOR THE YEAR ENDED DECEMBER 31, 2021. ACCORDINGLY, THE DIFFERENCE BETWEEN THE PAYMENT MADE AND THE $50,000 FIXED ANNUAL PAYMENT HAS BEEN RECORDED AS AN IN-KIND DONATION. RUSSELL SULLIVAN IS THE EXECUTIVE DIRECTOR OF THE SPORTS MUSEUM OF NEW ENGLAND, INC. AND WAS PAID A BASE SALARY OF $195,103 BY DNC-BOSTON FOR THE YEAR ENDING DECEMBER 31, 2021 FOR SERVICES PERFORMED FOR THE SPORTS MUSEUM. MR. SULLIVAN MAY ALSO RECEIVE A BONUS IF CERTAIN EDUCATIONAL, PROGRAM AND STRATEGIC MANAGEMENT METRICS, AS SET BY MANAGEMENT COMPANY AND BOARD OF TRUSTEES, ARE MET. DURING THE YEAR ENDING DECEMBER 31, 2021 MR. SULLIVAN WAS PAID A BONUS IN THE AMOUNT OF $20,000. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. ALL OTHER BOARD MEETINGS ARE CONTEMPORANEOUSLY DOCUMENTED. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT FORM 990 IS REVIEWED AND APPROVED BY THE EXECUTIVE DIRECTOR BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES MEETS ANNUALLY TO MONITOR AND ENFORCE THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY MANAGEMENT COMPANY AND BOARD OF TRUSTEES IN LIGHT OF BENCHMARK DATA FROM INDEPENDENT THIRD PARTY. THE SALARIES OF ALL OTHER EMPLOYEES ARE DETERMINED BY MANAGEMENT COMPANY IN LIGHT OF BENCHMARK DATA FROM INDEPENDENT THIRD PARTY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION KEEPS COPIES OF ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. COPIES OF THE DOCUMENTS CAN BE VIEWED AT THE ORGANIZATION'S OFFICE AT SUITE 200, ONE HUNDRED LEGENDS WAY, BOSTON, MA. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 13,261. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,261. PAYROLL REIMBURSEMENT TO DELAWARE NORTH COMPANIES, INC. - BOSTON: PROGRAM SERVICE EXPENSES 629,427. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 629,427. FORM 990 PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.