2022-08-15T08:50:44-05:00 2021-09-30 010494526 Baker Newman & Noyes PO Box 507 Portland ME 04112 990 2020-10-01 020233250 New Hampshire Historical Society NEWH 6038560602 30 Park Street Concord NH 03301 William Dunlap President & CEO 6038560602 2022-08-11 1 William Dunlap 999009999 Connor Smart P02285543 2078792100 2022-08-11 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z William Dunlap 30 Park Street Concord NH 03301 3637665 0 X https://www.nhhistory.org/ X 1823 NH To educate a diverse public about New Hampshire's past and its relationship to our lives today. 20 20 29 40 2887 1887 949633 675816 37859 38181 154779 1116780 194772 273413 1337043 2104190 0 0 0 0 1068521 1069097 0 0 197298 1061559 993868 2130080 2062965 -793037 41225 24130492 27164397 519077 454378 23611415 26710019 To educate a diverse public about the significance of New Hampshire's past and its relationship to our lives today. To this end, the Society collects, preserves, and interprets material pertaining to New Hampshire history. 0 0 680136 0 18584 Library and Museum: the New Hampshire Historical Society collects and preserves the most extensive collection of objects, books, manuscripts, and images related to New Hampshire history that can be found anywhere. These collections offer the most complete picture available of the social, economic, political, and cultural history of New Hampshire over nearly four centuries. 444468 0 9224 Education: the Society offers a diverse range of educational programs, including research services, exhibitions, publications, school programs, public programs, technical services, and support of local historical societies. The Society's website and online collations catalog provide broad access to information on library, archival, and museum collections. The Society also offers the New Hampshire History Network (NHHN), a digital gateway that provides centralized access to New Hampshire's history and historical collections through partnerships with local historical societies and other collecting institutions. In 2017, the Society launched "The Democracy Project: Renewing History and Civics Education in New Hampshire Schools," an initiative to address the growing knowledge deficit in history and civics. 239723 0 3448 The Society offers public relations and member services for various visitors and patrons. Other programs include publications, exhibits, facilities, buildings, grounds, and security. The Society also operates an online store, which sells books and goods related to New Hampshire and its history. 1364327 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 1 10 0 1 29 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 20 20 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NH X Michael E Marr Director of Finance 6038560602 30 Park Street Concord NH 03301 David B Clark Trustee 1.00 0.00 X 0 0 0 John E Friberg Jr Trustee 1.00 0.00 X 0 0 0 Helen H Frink Trustee 1.00 0.00 X 0 0 0 Terry M Knowles Trustee 1.00 0.00 X 0 0 0 Rebecca WS More Trustee 1.00 0.00 X 0 0 0 Mike Pride Trustee 1.00 0.00 X 0 0 0 Ann G Remus Trustee 1.00 0.00 X 0 0 0 Paul C Remus Trustee (end 5/2021) 1.00 0.00 X 0 0 0 Carol M Rymes Trustee 1.00 0.00 X 0 0 0 Bruce R Stefany Trustee 1.00 0.00 X 0 0 0 Gregg R Tewksbury Trustee 1.00 0.00 X 0 0 0 William W Upton Trustee 1.80 0.00 X 0 0 0 William P Veillette Trustee 1.00 0.00 X 0 0 0 Robert A Wells Trustee 1.00 0.00 X 0 0 0 Philip Zea Trustee 1.00 0.00 X 0 0 0 David B Ruedig Vice Chair (end 5/2021); Chair 2.00 0.00 X X 0 0 0 Kurt M Swenson Chair (end 5/2021); Trustee 2.00 0.00 X X 0 0 0 Sylvia B Larsen Vice Chair 1.00 0.00 X X 0 0 0 Joseph L Taggart Vice Chair 1.00 0.00 X X 0 0 0 Michael R Reopel Treasurer 1.00 0.00 X X 0 0 0 James L Garvin Secretary 1.00 0.00 X X 0 0 0 William Dunlap President & CEO 40.00 0.00 X 144069 0 7226 144069 0 7226 1 0 1 0 Silvertech Inc 196 Bridge Street Manchester NH 03104 Website development 105814 1 349369 209641 116806 15139 675816 Library fees 611710 12852 12852 Publications 511190 10373 10373 Educational programs 611710 9224 9224 Museum fees 611710 5732 5732 38181 446779 446779 354 354 325579 113168 212411 212411 2887 209524 2072445 1402444 670001 670001 670001 71073 3500 67573 67573 7438 14363 -6925 -6925 2104190 31256 2887 1394231 X 151295 87094 37522 26679 791277 455503 196243 139531 31454 18107 7801 5546 24387 14039 6048 4300 70684 40690 17530 12464 4926 4926 103356 103356 288088 190672 90825 6591 17085 14378 2366 341 70937 59700 9823 1414 109023 99458 9277 288 2536 2134 351 51 9724 9250 474 1341 1341 300350 293758 6499 93 25770 18812 6958 Museum programs 32587 32587 Library programs 28145 28145 2062965 1364327 501340 197298 113400 200753 860046 695324 16238 16038 930 36676 8931 0 71993 65918 8932762 5125880 4355858 3806882 12590347 17944899 5441860 3414063 247775 670889 736069 24130492 27164397 122110 105782 13426 22190 53841 0 208300 208301 121400 118105 519077 454378 X 13764294 15348562 9847121 11361457 23611415 26710019 24130492 27164397 X 41225 2851206 206173 X X 0 1 X 1 0 X 685889 877042 1101743 949633 675816 4290123 685889 877042 1101743 949633 675816 4290123 360846 3929277 771625 1242618 701612 712242 656657 4084754 14705 12966 14969 70460 113100 8487977 305861 0.46290 0.38450 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 1 16798669 3637452 797617 19638504 16612119 43315 930599 787364 16798669 14442256 288198 2557884 676219 16612119 13918486 81652 1105297 663179 14442256 12957040 39870 1571326 649750 13918486 0.56370 0.24460 0.19170 0 0 200000 200000 7583715 4026257 3557458 901947 854026 47921 247100 245597 1503 3806882 Private equities 1351567 F Alternative investments 52493 F Beneficial interest in a Trust 2010003 F 3414063 Charitable remainder unitrust payable 118105 118105 X 5226916 2851206 50984 249575 3151765 2075151 29039 29039 2104190 2128312 50984 14363 65347 2062965 0 2062965 Part III, Line 1a: In accordance with SFAS 116, the Society has elected not to report collection items in its Statement of Financial Position or Statement of Activities. Collection items acquired either through purchase or donation are not capitalized. Purchases of collection items are recorded as a decrease in unrestricted net assets if purchased with unrestricted assets and as decreases in temporarily restricted or permanently restricted net assets if purchase with donor-restricted assets. Contributions of collection items are not recognized in the Statement of Activities. The Society has a policy that requires net proceeds realized from the sale or transfer of deaccessioned objects will be used only for acquisition and conservation of collections. The Society's collections include books, manuscripts, photographs, research materials and objects relating to the history of New Hampshire. These collections have been acquired by donation, bequests, and purchases. Collection items are acquired or conserved based on the Society's long-range plans for collections development. Collections are made available for scholarly use by the public and maintained under appropriate security and preservation conditions. Part III, Line 4: The Society's collections include books, manuscripts, photographs, research materials, and objects relating to the history of New Hampshire. These collections have been acquired by donation, bequests, and purchases. Collection items are acquired or conserved based on the Society's long-range plans for collections development. Collections are made available for scholarly use by the public and maintained under appropriate security and preservation conditions. Part V, Line 4: The Society has adopted investment and spending policies for endowment assets that attempt to provide a predictable stream of funding to programs supported by its endowment funds while also maintaining the purchasing power of those endowment assets over the long-term. Part X, Line 2: The Society is a not-for-profit organization exempt under Section 501(c)(3) of the Internal Revenue Code and is classified as other than a private foundation; however, certain unrelated business income is subject to federal taxation. The Society has adopted the provisions of ASC 740, Accounting for Uncertainty in Income Taxes. Accordingly, management has evaluated the Society's tax positions and concluded the Society had maintained its tax-exempt status, does not have any significant unrelated business income and had taken no uncertain tax positions that require adjustment or disclosure in the financial statements. With few exceptions, the Society is no longer subject to income tax examinations by the U.S. Federal or State tax authorities for years before 2018. Part XI, Line 2d - Other Adjustments: Change in value of beneficial interest in a trust 235,212. Museum store cost of goods sold 14,363. Part XI, Line 4b - Other Adjustments: Change in present value of charitable remainder unitrust 29,039. Part XII, Line 2d - Other Adjustments: Museum store cost of goods sold 14,363. Central America and the Caribbean 0 0 Foreign investments 1352000 0 0 0 0 0 0 1352000 0 1352000 0 0 1 0 0 0 Part III Accounting Method: Schedule F, Part IV, Line 3: The Organization held an interest in a Cayman Islands exempted company during the tax year covered by this tax return. The Organization did not hold an adequate controlling interest to require filing Form 5471, and the Organization did not make any transfers to the foreign entity during this tax year. 71073 3500 0 71073 3500 3500 67573 NH 1 0 1 0 0.00000 1.00000 Michael E Marr Director of Finance 30 Park Street Concord NH 03301 1 67573 3500 Boston Billiards Club & Casino 55 Northeastern Boulevard Nashua NH 03062 Boston Billiards Club & Casino 3500 Refer to Schedule G, Supplemental Information X 0 Schedule G, Part III, Gaming, Manager and Services Disclosure During the year, the Society obtained a license from the State of New Hampshire to conduct a gaming and casino event. The gaming event was held in coordination with Boston Billiards Club and Casino of Nashua, NH (the "Club"). The Club provided all facilities, equipment, and staffing to host the event, and all gaming activities were done on the Club's property and business premises. The Society paid the Club a fee to provide these services. The Society was also required to have one employee on the Club's premises for each day of the gaming event to sign off and approve of the gaming functions, but was not otherwise involved in the direct operation or running of the gaming and gambling activity. Boston Billiard Club & Casino donates 35 percent of all gaming proceeds the Society. X X X 0 0 0 0 0 0 0 0 0 William Dunlap President & CEO 143360 0 0 0 709 0 7204 0 22 0 151295 0 0 0 William H Dunlap Board President Capital Improvements X 165000 0 0 1 1 Schedule L, Part II, Loans from Interested Persons William H. Dunlap served as the President of the New Hampshire Historical Society during the tax year ending September 30, 2021. Mr. Dunlap is also the Chair of the Board of Directors for Merrimack County Savings Bank, a financial institution. In 2015, the Society obtained a loan for $165,000 from the Bank to be used for capital improvements. The loan was approved by the Board, pursuant to a written agreement, and was subject to terms and conditions that were comparable with loans of similar size and risk. During the year, the loan was paid off in full. X 2 15139 Gift Date FMV 0 1 0 Part I, Line 33: In accordance with SFAS 116, the Society has elected not to report collection items in its Statement of Financial Position or Statement of Activities. Collection items acquired either through purchase or donation are not capitalized. Purchases of collection items are recorded as a decrease in unrestricted net assets if purchased with unrestricted assets and as decreases in temporarily restricted or permanently restricted net assets if purchase with donor-restricted assets. Contributions of collection items are not recognized in the Statement of Activities. The Society has a policy that requires net proceeds realized from the sale or transfer of deaccessioned objects will be used only for acquisition and conservation of collections. The Society's collections include books, manuscripts, photographs, research materials and objects relating to the history of New Hampshire. These collections have been acquired by donation, bequests, and purchases. Collection items are acquired or conserved based on the Society's long-range plans for collections development. Collections are made available for Scholarly use by the public and maintained under appropriate security and preservation conditions. Form 990, Part VI, Section A, line 2 Ann Remus and Paul Remus, who both served on the Society's Board during the fiscal year covered by this tax return, share a family relationship. Form 990, Part VI, Section A, line 6 Membership Categories: the Society shall consist of individual, couple, family, life, business, and institutional members in good standings by virtue of their having paid their dues and such other categories of membership as may from time to time be established by the Board of Trustees, including complimentary members who are not required to pay any dues. Qualifications: membership shall be open to all of the above who are interested in furthering the purposes and work of the Society, to be effective upon payment of designated dues, and shall be valid for one year from the date of payment. Rights and Privileges of Membership: only those members of all categories that have paid their dues and are in good standing shall be entitled to vote, one vote per member, at all meetings of the members, and to the full privileges of membership in the Society, as determined from time to time by, and subject to such regulations as may be prescribed by, the Board of Trustees. Voting is limited to persons eighteen (18) years of age or older. Voting may be exercised in person or by proxy as determined by the Trustees, in which event proxies shall be counted for the purpose of determining a quorum. Dues: the Board of Trustees shall from time to time determine the amount of annual dues payable by members of each category. When any member shall become delinquent in the payment of dues, his or her membership shall terminate and he or she shall no longer be a member in good standing. Form 990, Part VI, Section A, line 7a The Members vote to elect members of the Board of Trustees at the annual meeting. Members do not vote to elect Officers of the Board; Officers are elected by the Board itself. Additionally, it is the Organization's Board of Trustees, as elected by the Members, that shall establish all Society policies, plans, programs, budgets, and expenses; the Members themselves do not engage in these governance decisions. Form 990, Part VI, Section B, line 11b The Organization engages an independent public accounting firm to prepare its Form 990 on its behalf. The completed Form 990 is presented by the engaged accountants to the applicable officers and to the full Board of Trustees prior to filing. Form 990, Part VI, Section B, line 12c Trustees having a real or apparent conflict of interest in any matter before the Board must disclose the possible conflict and exclude themselves from the discussion and/or the vote on the matter in question. Trustees having an interest in a proposed pecuniary benefit transaction with the Society that is brought before the Board shall have an affirmative obligation to disclose such interest and shall be prohibited from being present during or participating in the discussion on the subject or voting thereon. The Board shall authorize the Society to enter into such transactions only in accordance with the applicable provisions of RSA 7:19-A. Form 990, Part VI, Section B, line 15 The Executive and Compensation Committees of the Society strive to ensure that the process for determining the compensation and benefits offered to the top officials and executives of the New Hampshire Historical Society is efficient, effective, and ultimately serves the public and furthers the Society's mission. The Institution adheres to good governance practices in establishing executive compensation. The Executive Committee serves as the Compensation Committee of the Society and makes recommendations to the full Board of Trustees in matters of the President's terms of employment, including compensation and benefits. The compensation and benefits of the President are set forth in either a written compensation and benefits term sheet, or in a formal written employment agreement executed between the Society and the President. The Executive Committee will submit the recommended compensation term sheet or formal employment agreement with the President to the Board of Trustees for discussion and action. The Board and Executive Committee discuss the matter during a portion of the board meeting when the President is excused from the meeting and not present. The term sheet or formal agreement with the President must be approved by a majority vote of the Board of Trustees present at a duly called and held Board of Trustees meeting where the required quorum of Directors is present to conduct a meeting. Comparisons of public data on compensation are used and documented in determining the President's compensation, as well as facts and circumstances relating to the past performance of the President. The President's compensation package is reviewed regularly by the Board of Trustees. The President of the Society is responsible for all administrative details and for the implementation of policies, programs, and long range objectives approved by the Board of Trustees, including compensation and benefits offered to officers and senior managers. The President exercises full supervision and management of all personnel, assigns duties, and so forth within the policies approved by the Board. Compensation for senior managers is determined through a due diligence process that the President employs based upon the comparisons of public data, particularly the published wage scales of the New England Museum Association, past performance, and the ambitious goals stated in senior managers' annual work plan objectives. Overall compensation is reviewed by the Finance Committee and a recommendation is made to the Board of Trustees for their approval as part of the annual budget process. Form 990, Part VI, Section C, line 19 The Society's audited financial statements are available on the Society's website, or by appointment at the library. The governing documents and conflict of interest policy are available by appointment at the Society's library in Concord, NH. Form 990, Part IX, line 11g Maintenance service contracts: Program service expenses 34,431. Management and general expenses 16,401. Fundraising expenses 1,190. Total expenses 52,022. Admin and communication services: Program service expenses 126,525. Management and general expenses 60,269. Fundraising expenses 4,374. Total expenses 191,168. Facilities contract services: Program service expenses 26,407. Management and general expenses 12,579. Fundraising expenses 913. Total expenses 39,899. Library catalog contracts: Program service expenses 3,309. Management and general expenses 1,576. Fundraising expenses 114. Total expenses 4,999. Form 990, Part XI, line 9: Change in present value of charitable remainder unitrust -29,039. Change in value of beneficial interest in a trust 235,212. Form 990, Part XII, Line 2c: For its year ending September 30, 2021, the Society engaged a different independent public accounting firm to perform an audit of the Society's financial statements, and to assist in the preparation of the Society's Form 990 than it has used in the past. The audit process was subject to the review and oversight of the Society's finance committee and executive committee. Charitable Remainder Trust Income and distributions for beneficiaries NH N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0