2022-08-30T11:57:59-05:00 2021-12-31 141592927 KARP ACKERMAN SMALL & HOGAN CPAS 1 HUDSON CITY CENTRE SUITE 1E HUDSON NY 12534 990 2021-01-01 141364601 SHAKER MUSEUM AND LIBRARY SHAK 5187949100 PO BOX 328 CHATHAM NY 12037 LACY SCHUTZ EXECUTIVE DIRECTOR 5187949100 2022-08-09 1 LACY SCHUTZ XXX-XX-XXXX STEPHANIE A FIRST P00967483 5188287618 2022-08-09 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z LACY SCHUTZ PO BOX 328 CHATHAM NY 12037 2854980 0 X WWW.SHAKERMUSEUM.US X 1950 NY SHAKER MUSEUM ELEVATES SHAKER MATERIAL CULTURE TO ANIMATE SHAKER VALUES AND BELIEFS AND INSPIRE INDIVIDUALS AND COMMUNITIES TO DEEPEN BONDS AND SEEK MEANINGFUL APPROACHES TO SOCIAL, ECONOMIC, ENVIRONMENTAL, AND SPIRITUAL ISSUES. 16 16 11 20 0 0 3398606 2840095 10575 4895 2617 1250 -24604 -22809 3387194 2823431 0 0 0 0 507052 671090 0 0 88908 318384 418771 825436 1089861 2561758 1733570 8043512 9305464 550329 154611 7493183 9150853 X SHAKER MUSEUM ELEVATES SHAKER MATERIAL CULTURE TO ANIMATE SHAKER VALUES AND BELIEFS AND INSPIRE INDIVIDUALS AND COMMUNITIES TO DEEPEN BONDS AND SEEK MEANINGFUL APPROACHES TO SOCIAL, ECONOMIC, ENVIRONMENTAL, AND SPIRITUAL ISSUES. 0 0 101952 0 HISTORIC SITE PRESERVATION AND CONSERVATION - SINCE 2009, THE MUSEUM HAS UNDERTAKEN HISTORIC PRESERVATION PROJECTS AT MOUNT LEBANON. IN 2014, THE MUSEUM COMPLETED A 2-YEAR PROJECT OF APPROXIMATELY $2 MILLION TO STABILIZE THE WALLS OF THE GREAT STONE BARN AT MOUNT LEBANON. THE BARN, GUTTED BY FIRE IN 1972, WAS THE LARGEST STONE BARN IN AMERICA WHEN BUILD IN 1859. IT IS A TESTAMENT TO THE FINANCIAL AND TECHNOLOGICAL SOPHISTICATION OF THE SHAKERS' AGRICULTURAL OPERATIONS, AND TO THEIR COMMUNAL STEWARDSHIP OF THE LAND AND ANIMALS. FUNDING FOR THE PROJECT WAS ASSEMBLED OVER SEVERAL YEARS, AND INCLUDED FEDERAL GRANTS FROM THE DEPARTMENTS OF THE INTERIOR, HOUSING AND URBAN DEVELOPMENT, AND TRANSPORTATION: THE NEW YORK STATE OFFICE OF PARKS, RECREATION, AND HISTORIC PRESERVATION; THE WORLD MONUMENTS FUND; AND CONTRIBUTIONS FROM OVER 100 PRIVATE FOUNDATIONS AND INDIVIDUALS. THE PROJECT STABILIZED THE STONE WALLS OF THE BUILDING, WITH THE GOAL OF MAKING THE BUILDING AVAILABLE FOR INTERPRETATION AS PART OF THE MUSEUM'S OPERATION OF THE HISTORIC SITE. IN 2015, THE MUSEUM EXECUTED A GRANT CONTRACT OF $500,000 WITH THE NEW YORK STATE OFFICE OF PARKS, RECREATION, AND HISTORIC PRESERVATION TO CONTINUE PRESERVATION OF THIS BUILDING. THE MUSEUM CAPPED THE BARN WALLS TO PREVENT FURTHER EROSION AND TO ENSURE LONG-TERM STABILITY. IN 2016, THE MUSEUM COMPLETED WORK ON A CONTRACT TO RESTORE ELEMENTS OF THE BRICK SHOP, WITH FUNDING FROM THE NEW YORK STATE OFFICE OF PARKS, RECREATION, AND HISTORIC PRESERVATION AND A LINE OF CREDIT WITH THE PRESERVATION LEAGUE OF NEW YORK. IN 2014, THE MUSEUM PURCHASED A 61-ACRE PARCEL OF HISTORIC SHAKER LANDS ADJACENT TO THE MOUNT LEBANON SITE. IN 2016, THE MUSEUM COMPLETED THE FUNDING CONTRACT WITH THE OPEN SPACE INSTITUTE AND COMPLETED NEGOTIATIONS FOR A CONSERVATION EASEMENT WITH THE STATE OF NEW YORK. IN 2018, THE MUSEUM CLEARED EIGHT ACRES OF NEW GROWTH WOOD FROM THE ABOVE-MENTIONED PARCEL, RESTORING A SIGNIFICANT VIEW SHED AND RESTORING WOOD AREAS TO THE OPEN FIELD AND CROP LAND THAT WOULD HAVE EXISTED AT THE HEIGHT OF THE SHAKERS' OCCUPANCY OF THE MOUNT LEBANON SITE IN THE LATTER HALF OF THE 1800S. THIS WORK EXPOSED ORIGINAL SHAKER STONE WALLS, WHICH HAD BEEN OBSCURED FOR DECADES, TO PUBLIC VIEW. IN 2019, OVER TWO MILES OF HIKING TRAILS WERE COMPLETED THROUGH THIS CLEARED LAND AND THE REMAINING WOODED AREAS. FOLLOWING AN APPROVAL PROCESS FROM THE NEW YORK STATE HISTORIC PRESERVATION OFFICE, THE MUSEUM INSTALLED SIX NEW INTERPRETATIVE EDUCATIONAL SIGNS AT THE SITE IN 2019. THIS SIGNAGE, MADE POSSIBLE WITH SUPPLEMENTAL EDUCATION AID FUNDS FROM NEW YORK STATE, ALLOWS VISITORS TO MORE FULLY UTILIZE THE NEWLY AVAILABLE SELF-GUIDED TOUR BROCHURES TO VISIT THE SITE AND IMMERSE THEMSELVES IN SHAKER HISTORY YEAR-ROUND AND REGARDLESS OF ABILITY TO PAY. DESPITE THE MANY CHALLENGES OF 2020, THE TRAILS, PASTURES, AND GROUNDS AT THE HISTORIC MOUNT LEBANON SITE PROVIDED THE GENERAL PUBLIC AN ACCESSIBLE LOCATION FOR PASSIVE RECREATION. 224619 4895 SITE TOURS, WORKSHOPS, AND EXHIBITIONS - DESPITE THE FACT SHAKER MUSEUM IS WITHOUT A PERMANENT, PUBLICLY ACCESSIBLE SPACE TO WELCOME VISITORS, DURING 2021, EVEN AS THE WORLD WAS STILL EMERGING FROM A STATE OF PANDEMIC LOCK-DOWN AND ISOLATION, SHAKER MUSEUM PROVIDED A SLATE OF PUBLIC PROGRAMMING INSPIRED BY THE COLLECTION, HISTORIC SITE, EXPLORATION IN SHAKER CRAFT SUCH AS TEXTILE WORK AND ETHICS, AND OPPORTUNITIES TO LEARN ABOUT THE SHAKER SCHOLARSHIP AND INSPIRATION INFORMING THE DESIGN OF SHAKER MUSEUM'S FUTURE HOME. THE EVENTS - MANY OF WHICH WERE FREE OR PAY WHAT YOU WISH - WERE OFFERED AS A MIX OF VIRTUAL AND IN-PERSON TO SUPPORT DIFFERENT LEVELS OF HEALTH AND SAFETY COMFORT, AS WELL AS EXPAND OUR REACH BEYOND THE IMMEDIATE AREA AND OUR PRE-EXISTING AUDIENCES. IN 2021, THE MUSEUM ALSO PRESENTED PHYSICAL POP-UP EXHIBITIONS HOSTED IN DONATED SPACE IN DOWNTOWN CHATHAM INCLUDING FRINGE SELECTS: AN EXHIBITION OF SHAKER OBJECTS CURATED BY KATIE STOUT (DECEMBER 2020 - MARCH 2021) AND THE FUTURE IS A GIFT (MAY - OCTOBER 2021), AND CONTINUED TO FACILITATE ONSITE COLLECTIONS RESEARCH. AS A RESULT OF THESE ACTIVITIES, THE PUBLIC ENGAGED WITH THE MUSEUM'S COLLECTION IN PERSON ON 129 DAYS BETWEEN JANUARY 1, AND NOVEMBER 15, 2021. ADDITIONALLY, THE MUSEUM HOSTED 15 VIRTUAL PROGRAMS AND SIX OTHER IN-PERSON EVENTS THAT DID NOT DIRECTLY UTILIZE THE PHYSICAL COLLECTION, AND PROVIDED RESOURCES FOR SELF-LED EXPLORATION OF THE HISTORIC SITE EVERY DAY OF THE YEAR.IN 2020 SHAKER MUSEUM FOCUSED ITS PROGRAMMING ON INCLUSION, HONORING THE IDEA THAT ALL INDIVIDUALS HAVE THE RIGHT TO BE RESPECTED, VALUED, AND TO PARTICIPATE FULLY IN SOCIETY. DURING THE PERIOD OF ISOLATION NECESSARY TO SLOW THE SPREAD OF COVID-19, SHAKER MUSEUM INVITED ARTISTS OF ALL AGES, BACKGROUNDS, AND ABILITIES TO EXPLORE THE MUSEUM'S COLLECTION ONLINE AND CREATE ARTWORK INSPIRED BY THE SHAKER EXAMPLE. THIS COMMUNITY ENGAGEMENT PROJECT, "CALL FOR ART: IN UNION REMOTELY," COMPRISED A SERIES OF EVENTS WHICH ENABLED PARTICIPANTS TO JOIN A REMOTE COMMUNITY WHILE WORKING ON INDIVIDUAL PROJECTS INSPIRED BY THE SHAKER LEGACY. THE RESULTING EXHIBITION WAS AVAILABLE TO VIEW ONLINE AT SHAKERMUSEUM.US. AS CONDITIONS PERMITTED REOPENING OF PUBLIC VENUES, SHAKER MUSEUM OPENED A TEMPORARY EXHIBITION IN DOWNTOWN CHATHAM ENTITLED "SHAKERS: IN COMMUNITY," WHICH WAS THE OUTCOME OF A SUSTAINED INITIATIVE FUNDED BY THE HENRY LUCE FOUNDATION'S THEOLOGY PROGRAM AND CURATED BY MAGGIE TAFT. THROUGH AN ARRAY OF PHOTOGRAPHS, FURNITURE, PRINTS, APPAREL AS WELL AS OTHER OBJECTS IN THE PERMANENT COLLECTION OF SHAKER MUSEUM, THIS POP-UP EXPERIENCE EXAMINED THE DIFFERENT WAYS IN WHICH THE SHAKERS SOUGHT TO FORGE EQUITABLE AND INCLUSIVE COMMUNAL BONDS. SHAKER MUSEUM ENDED THE YEAR WITH A SECOND TEMPORARY EXHIBITION IN DOWNTOWN CHATHAM, "FRINGE SELECTS" IN COLLABORATION WITH ARTIST/DESIGNER KATIE STOUT. THROUGH A SELECTION OF SHAKER MATERIAL CHOSEN BY STOUT FROM THE MUSEUM'S PERMANENT COLLECTION, THE EXHIBITION EXPLORED THE BREADTH OF SHAKER OBJECTS BY TAKING A CLOSER LOOK AT THE OBJECTS ON THE "FRINGE" - COLORFUL, ORNAMENTAL, AND LESS WELL-KNOWN THAN THE MINIMALIST, ICONIC SHAKER PIECES. ALSO ON VIEW WERE TWO NEW CHAIRS BY STOUT CREATED AS A RESPONSE TO HER EXPLORATION OF SHAKER MATERIAL CULTURE. THROUGHOUT THE YEAR, THE MUSEUM HOSTED REMOTE AND/OR SOCIALLY-DISTANCED LOW AND NO-COST PROGRAMMING AND DEMONSTRATIONS IN PARTNERSHIP WITH ARTISTS, CRAFTSPEOPLE, AND LOCAL EXPERTS.IN 2019 THE MUSEUM CONTINUED ITS SEASONAL PROGRAMMING FROM MAY THROUGH OCTOBER AT MOUNT LEBANON WITH GUIDED TOURS OF THE SITE AS WELL AS TWO ON-SITE EXHIBITIONS AND A HOST OF EDUCATIONAL WORKSHOPS FOR CHILDREN AND ADULTS. A GRANT FROM THE NEW YORK STATE COUNCIL ON THE ARTS PROVIDED FUNDING FOR A FIRST-EVER ARTIST RESIDENCY IN THE HISTORIC FORGE BUILDING AT MOUNT LEBANON. ARTIST-IN-RESIDENCE, AMIE CUNAT CURATED QUIET MARCH TO A WARRING SONG, AN EXHIBITION OF WORK BY NINE CONTEMPORARY ARTISTS WHOSE WORK CHALLENGES OR REVEALS HEADSTRONG HISTORIES OR EXISTING SOCIO-POLITICAL ESTABLISHMENTS. CUNAT ALSO CREATED A SOLO EXHIBITION ENTITLED GRANARY, WHICH WAS INSTALLED IN THE HISTORIC GRANARY BUILDING AT MOUNT LEBANON THROUGHOUT THE 2019 SUMMER SEASON, REIMAGINING THE GRANARY'S HISTORIC FUNCTION BY RECONSTRUCTING ITS STORAGE STRUCTURES AND ELEVATOR WITH PAPER MATERIALS AND VIBRANT COLOR CHOICES. THROUGHOUT THE SEASON, CUNAT ORGANIZED AND CONDUCTED EDUCATIONAL WORKSHOPS WITH ARTISTS WHO LED SCHOOL AND COMMUNITY GROUPS IN VARIOUS ACTIVITIES EXPLORING THE SHAKER LEGACY OF CRAFT. THE MUSEUM ALSO HOSTED LOW AND NO-COST PROGRAMMING AND DEMONSTRATIONS IN PARTNERSHIP WITH ARTISTS, CRAFTSPEOPLE, AND LOCAL EXPERTS. THE MUSEUM HOSTED A BAGPIPE CONCERT, JAM-MAKING AND VARIOUS WOODWORKING DEMONSTRATIONS, KNITTING ACTIVITIES, AND BIRDWATCHING DURING THE 2019 SUMMER SEASON.IN 2018 THE MUSEUM WORKED WITH THE JEFF BAILEY GALLERY IN HUDSON, NY TO MOUNT AN EXHIBITION TITLED "LINE AND CURVE: THE ELLSWORTH KELLY AND JACK SHEAR SHAKER COLLECTION FROM SHAKER MUSEUM | MOUNT LEBANON WITH PRINTS BY ELLSWORTH KELLY." THE EXHIBITION TRAVELED TO THE NEW BRITAIN MUSEUM OF AMERICAN ART, WHERE IT WAS ON VIEW THROUGH JUNE 30, 2019. IN 2018 THE MUSEUM ALSO PARTNERED WITH THE COLUMBIA COUNTY HISTORICAL SOCIETY ON AN EXHIBITION TITLED DURABLE BEAUTY: SHAKER BASKETS FROM SHAKER MUSEUM | MOUNT LEBANON. IN 2017 THE MUSEUM MOUNTED AN EXIBITION FUNDED LARGELY BY THE NEW YORK STATE COUNCIL ON THE ARTS "BREAK EVERY YOKE: SHAKERS, GENDER EQUALITY, AND WOMEN'S SUFFRAGE" TO CELEBRATE THE CENTENNIAL OF WOMEN'S SUFFRAGE IN NEW YORK STATE, AS WELL AS TWO INSTALLATIONS, ONE OF SHAKER STOVES AND THE OTHER OF SHAKER TOOLS.THE MUSEUM OPERATES ON TWO CAMPUSES -THE HISTORIC SITE AT MOUNT LEBANON AND AN ADMINISTRATIVE CAMPUS IN OLD CHATHAM THAT HOUSES COLLECTIONS STORAGE, THE LIBRARY AND ARCHIVES, AND STAFF OFFICES. THE COLLECTIONS ARE ACCESSIBLE ONLINE, THROUGH PRIVATE MEMBER TOURS, AND IN EXHIBITIONS. SHAKER MUSEUM HAS PURCHASED A 19TH CENTURY BUILDING IN CHATHAM, NY AND IS IN THE PROCESS OF RENOVATING AND BUILDING AN EXPANSIVE ADDITION TO THE FACILITY DESIGNED BY SELDORF ARCHITECTS. THE PHYSICAL BUILDING WILL EMBODY SHAKER VALUES OF INCLUSION, INNOVATION, AND EQUALITY TO CREATE A MUSEUM THAT BOTH TELLS THE SHAKER STORY AND IS RESPONSIVE TO THE NEEDS OF THE COMMUNITY. 361234 0 COLLECTIONS CARE - IN 2015 THE MUSEUM STARTED A MAJOR EFFORT TO ASSESS AND IMPROVE AS NEEDED THE CARE OF ITS OBJECT COLLECTION. THE MUSEUM CONTINUES TO WORK TO MAKE ITS COLLECTIONS AND INFORMATION AVAILABLE THROUGH ELECTRONIC MEDIA. THE GLADYS KNIEBLE DELMAS FOUNDATION AND THE TIANADERRAH FOUNDATION FUNDED A DIGITIZATION PROJECT OF MOUNT LEBANON MANUSCRIPTS. DIGITIZATION OF HISTORIC PHOTOGRAPHS CONTINUED, AND THE MUSEUM MADE AVAILABLE ABOUT 2,450 PHOTOGRAPHS TO THE PUBLIC IN EARLY 2015. THE MUSEUM WAS AWARDED A $750,000 GRANT IN 2016 FROM THE HENRY LUCE FOUNDATION TO SUPPORT A 2 1/2 YEAR PROJECT TO DOCUMENT THE ENTIRE COLLECTION ONLINE; PHOTOGRAPH A SIGNIFICANT PORTION OF THE COLLECTION; AND PRESENT ALL THE INFORMATION AND IMAGES IN AN ONLINE DATABASE THAT IS FREE AND FULLY PUBLICLY ACCESSIBLE. THIS PROJECT WAS COMPLETED AT THE END OF 2018 WITH THE LAUNCH OF A NEW WEBSITE SHOWCASING MORE THAN 16,000 OBJECTS FROM THE MUSEUM'S COLLECTION. THE MUSEUM'S EXTENSIVE COLLECTION AND ARCHIVE OF SHAKER MANUSCRIPTS, IMPRINTS, PHOTOGRAPHS, EPHEMERA, AND SECONDARYSHAKER MUSEUM AND LIBRARY RESEARCH MATERIALS CONTINUED TO ATTRACT RESEARCHERS FROM THE UNITED STATES AND ABROAD. THE MUSEUM ENCOURAGES AND SUPPORTSSTUDY AND RESEARCH IN THE COLLECTION, AS WELL AS ITS INTERPRETATION, THROUGH EXHIBITIONS ORGANIZED BY THE MUSEUM AND IN COLLABORATION WITH OTHER INSTITUTIONS, AN ONLINE BLOG, AND THROUGH LOANS TO OTHER INSTITUTIONS. MUSEUM STAFF ALSO RESPOND TO INQUIRIES FROM RESEARCHERS AND THE PUBLIC ABOUT SHAKER HISTORY AND OBJECT PROVENANCE. 687805 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 25 0 1 11 1 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X LACY SCHUTZ 5187949100 88 SHAKER MUSEUM ROAD OLD CHATHAM NY 12136 PAUL CASSIDY CHAIRMAN 8.00 X X 0 0 0 JOHN DAX VICE CHAIR 3.00 X X 0 0 0 MARY GAIL BIEBEL TREASURER 12.00 X X 0 0 0 JEFF BAILEY SECRETARY 3.00 X X 0 0 0 BENJAMIN BISCHOFF TRUSTEE 0.50 X 0 0 0 RAE GILSON TRUSTEE 0.50 X 0 0 0 JOHN SCHOBEL TRUSTEE 0.50 X 0 0 0 MARTHA MCMASTER TREUSTEE 0.50 X 0 0 0 EDWARD SPIRO TRUSTEE 0.50 X 0 0 0 STEPHEN G WILLIAMS SR FOUNDING DIRECTOR 0.50 X 0 0 0 JOSEPH KUSNICK TRUSTEE 0.50 X 0 0 0 KATHLEEN WEISER TRUSTEE 0.50 X 0 0 0 LAEL LOCKE TRUSTEE 0.50 X 0 0 0 KENNETH KRAMER TRUSTEE 0.50 X 0 0 0 MATTHEW MALIN TRUSTEE 0.50 X 0 0 0 JD WEINBERG TRUSTEE 0.50 X 0 0 0 LACY SCHUTZ EXECUTIVE DIRECTOR 40.00 X 163383 0 4901 163383 0 4901 1 0 1 0 0 42795 132302 352325 2312673 266955 2840095 ADMISSION & EXHIBITION 713990 4895 4895 4895 1250 1250 0 132302 28643 -28643 -28643 7840 2906 4934 4934 OTHER INCOME 531390 900 900 900 2823431 10729 0 -27393 163383 130707 16338 16338 421011 235463 168586 16962 16911 10596 5351 964 13337 6388 5730 1219 56448 35369 17863 3216 23325 23325 7731 6905 784 42 16552 7773 4044 4735 16750 13808 1683 1259 5893 5893 104199 104199 54796 46996 7282 518 OUTREACH 138465 64261 31910 42294 BUILDINGS AND GROUNDS 29389 24048 4040 1301 ADMINISTRATION FEES 18194 155 18009 30 MEALS & ENTERTAINMENT 2715 375 2310 30 762 762 1089861 687805 313148 88908 6858 1183710 616095 865545 1238612 686078 9105 12107 39107 39614 7917549 1447765 6061706 6469784 72029 48626 8043512 9305464 150498 77083 38850 28850 360981 48678 550329 154611 X 3698077 4060685 3795106 5090168 7493183 9150853 8043512 9305464 X 1733570 -75900 X X 0 1 X 1 0 X 742019 1328452 784616 3398606 2841650 9095343 15639 28304 15632 12920 12735 85230 757658 1356756 800248 3411526 2854385 9180573 237222 304156 182115 1464138 263418 2451049 0 237222 304156 182115 1464138 263418 2451049 6729524 2878 3965 2959 2617 1250 13669 2878 3965 2959 2617 1250 13669 9714 479 900 900 11993 760536 1370435 803686 3415043 2856535 9206235 0.73100 0.66230 0.00150 0.00190 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: INSURANCE SETTLEMENT - 2018 AMOUNT: $ 9,143. REUNION INCOME NET - 2018 AMOUNT: $ 367. MISCELLANEOUS INCOME - 2018 AMOUNT: $ 204. 2019 AMOUNT: $ 479. 2020 AMOUNT: $ 900. 2021 AMOUNT: $ 900. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 289530 289530 7445738 1309773 6135965 182281 137992 44289 6469784 X 2747531 0 2747531 75900 75900 2823431 1089861 0 1089861 0 1089861 PART X, LINE 2: THE MUSEUM IS A NON-PROFIT CORPORATION EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION HAS EVALUATED ANY UNCERTAIN TAX POSITIONS AND RELATED INCOME TAX CONTINGENCIES AND DETERMINED UNCERTAIN POSITIONS, IF ANY, ARE NOT MATERIAL TO THE FINANCIAL STATEMENTS.PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES ARE INCLUDED IN OPERATING EXPENSES, IF INCURRED. THE ORGANIZATION'S FEDERAL AND STATE TAX RETURNS FOR YEARS 2018 THROUGH PRESENT ARE SUBJECT TO EXAMINATION BY THE IRS AND APPLICABLE STATES, GENERALLY FOR THREE YEARS AFTER HAVING BEEN FILED. PART XI, LINE 4B - OTHER ADJUSTMENTS: PPP LOAN FORGIVENESS INCOME REPORTED ON THE PRIOR YEAR FINANCIAL STATEMENTS 75,900. SCHEDULE D PART III, LINE 1A THE MUSEUM DOES NOT CAPITALIZE ITS COLLECTIONS. COSTS OF COLLECTION ITEMS PURCHASED ARE SHOWN AS DECREASES IN NET ASSETS IN THE STATEMENT OF ACTIVITIES. PROCEEDS FROM SALES OF COLLECTION ITEMS AND INSURANCE RECOVERIES OF LOST OR DESTROYED COLLECTION ITEMS ARE PRESENTED AS INCREASES IN NET ASSETS. THE MUSEUM MAINTAINS SUCH PROCEEDS IN A SEPARATE FUND, RESTRICTED FOR THE ACQUISITION, PRESERVATION, PROTECTION, OR CARE OF COLLECTIONS. SCHEDULE D, PART III, LINE 4 TO FURTHER THE MUSEUM'S MISSION, THE MUSEUM COLLECTS, PRESERVES, AND INTERPRETS ONE OF THE LARGEST AND MOST COMPREHENSIVE COLLECTIONS OF SHAKER ARTIFACTS IN THE WORLD, INCLUDING FURNITURE, DOMESTIC ITEMS, TOOLS, MACHINERY, FINISHED PRODUCTION ITEMS, TEXTILES, ARCHITECTURAL ITEMS, AND SO ON. THE EMMA B. KING LIBRARY INCLUDES SHAKER MANUSCRIPTS AND IMPRINT MATERIALS, PHOTOGRAPHS, EPHEMERA, AND SECONDARY RESEARCH MATERIALS. THE MUSEUM ENCOURAGES AND SUPPORTS THE STUDY AND RESEARCH OF THE COLLECTION, AS WELL AS ITS INTERPRETATION, THROUGH DISPLAYS ORGANIZED BY THE MUSEUM AND OTHER INSTITUTIONS, PUBLISHED ARTICLES, AND THROUGH LOANS TO OTHER INSTITUTIONS. SCHEDULE D, PART X, LINE 2 THE ORGANIZATION HAS EVALUATED ANY UNCERTAIN TAX POSITIONS AND RELATED INCOME TAX CONTINGENCIES AND DETERMINED UNCERTAIN POSITIONS, IF ANY, ARE NOT MATERIAL TO THE FINANCIAL STATEMENTS, ACCORDING TO FASB ASC 740-10. PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES ARE INCLUDED IN OPERATING EXPENSES, IF INCURRED. NONE OF THE ORGANIZATION'S RETURNS ARE CURRENTLY UNDER EXAMINATION. GALA 132302 132302 8934 10968 8741 132302 132302 8934 10968 8741 28643 -28643 X X X X 0 0 0 0 0 0 0 0 0 LACY SCHUTZ EXECUTIVE DIRECTOR 163383 0 0 0 0 0 4901 0 0 0 168284 0 0 0 X 4 237046 FMV 0 0 1 PART I, LINE 32B: VALUE OF HISTORICAL TREASURES THE MUSEUM'S COLLECTIONS MANAGEMENT POLICY PROVIDES THAT NO VALUE BE RECORDED FOR DONATIONS OF HISTORICAL TREASURES ACCESSIONED INTO THE EXISTING COLLECTION. THE COLLECTIONS MANAGEMENT POLICY RESTRICTS THE USE OF PROCEEDS FROM DE-ACCESSIONED ITEMS. PART I, LINE 32B THE ORGANIZATION UTILIZES THE SERVICES OF ITS FINANCIAL ADVISORS TO SELL DONATED SECURITIES. FORM 990, PART VI, SECTION B, LINE 11B REVIEW PROCESS OF 990 BY GOVERNING BODY - THE EXECUTIVE DIRECTOR OF THE MUSEUM OR A DESIGNEE DISTRIBUTES A COPY OF THE COMPLETED FORM 990 TO THE AUDIT AND FINANCE COMMITTEE BEFORE A MEETING WITH THE LEAD AUDITOR FROM THE AUDITING FIRM. THE LEAD AUDITOR AND AUDIT AND FINANCE COMMITTEE REVIEW THE AUDITED FINANCIALS AND FORM 990. THE AUDIT AND FINANCE COMMITTEE DISSEMINATES COPIES OF THE 990 AND AUDITED FINANCIALS TO THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES IS GIVEN A DEADLINE TO INQUIRE ABOUT ANY INFORMATION IN THE FORM, WHICH ALLOWS TIME FOR REVIEW AND ANY REQUIRED CORRECTIONS BEFORE THE ACTUAL FORM IS FILED. IN ADDITION, AN ITEM IS PLACED ON THE BOARD OF TRUSTEES MEETING AGENDA, WHICH ALLOWS FOR FOLLOW-UP DISCUSSION. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST MONITORING - AS PART OF THE ADOPTED CONFLICT OF INTEREST POLICY AND PROCEDURES, THE MUSEUM DEVELOPED A COMPREHENSIVE DISCLOSURE FORM. ALL TRUSTEES, OFFICERS, AND EMPLOYEES ARE REQUIRED TO FILE A RENEWAL EACH YEAR. THE MUSEUM KEEPS THE SIGNED FORMS ON FILE AT THE MUSEUM OFFICES. FORM 990, PART VI, SECTION B, LINE 15A EXECUTIVE COMPENSATION - PURSUANT TO THE MUSEUM'S BYLAWS, MEMBERS OF THE BOARD OF TRUSTEES RECEIVE NO COMPENSATION FOR THEIR SERVICES, ALTHOUGH THEY MAY BE REIMBURSED FOR OUT-OF-POCKET EXPENSE REASONABLY INCURRED IN THE PERFORMANCE OF THEIR DUTIES. SUCH REIMBURSEMENTS ARE SUBJECT TO THE EXPENSE REIMBURSEMENT POLICY OF THE MUSEUM. AS OF DECEMBER 31, 2020, THE MUSEUM EMPLOYED AN EXECUTIVE DIRECTOR WHO MANAGES THE AFFAIRS AND BUSINESS OF THE MUSEUM, SUBJECT TO GENERAL OVERSIGHT AND CONTROL OF THE CHAIR AND BOARD OF TRUSTEES. THE EXECUTIVE DIRECTOR SERVES AS A NON-VOTING MEMBER OF THE BOARD, AND OF ALL COMMITTEES OF THE BOARD. TO DETERMINE THE EXECUTIVE DIRECTOR'S COMPENSATION, PRIOR TO HIRING AND PERIODICALLY, THE EXECUTIVE COMMITTEE RESEARCHES COMPARABLE SALARIES IN THE MUSEUM FIELD AND IN SIMILARLY SITUATED NON-PROFITS, GAUGED BY THEIR SIZE, LOCATION AND SIMILAR STATURE TO THE SHAKER MUSEUM AND LIBRARY. REGIONAL SALARIES FOR MUSEUMS IN THE AREA ARE CHECKED THROUGH THE MUSEUM ASSOCIATION OF NEW YORK, AND/OR THROUGH CONTACTS AT AREA MUSEUMS. QUALIFIED CANDIDATES MUST BE ABOVE AVERAGE IN THEIR LEVEL OF KNOWLEDGE AND EXPERIENCE, AND HAVE PROVEN EXPERIENCE IN DEVELOPMENT AND FUNDRAISING FOR NON - PROFITS. FORM 990, PART VI, SECTION C, LINE 19 PUBLIC AVAILABILITY OF DOCUMENTS - THE MUSEUM PROVIDES COPIES OF ANY GOVERNING DOCUMENTS, ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO ANY INTERESTED PARTY AFTER RECEIVING EITHER A WRITTEN OR A VERBAL REQUEST. FORM 990, PART XI, LINE 9: PPP LOAN FORGIVENESS INCOME REPORTED ON THE PRIOR YEAR FINANCIAL STATEMENTS -75,900. FORM 990, PART XII, LINE 2C: NO CHANGE