2021-05-20T12:11:26-05:00 2020-09-30 131639826 EISNERAMPER LLP 130 NORTH 18TH STREET SUITE 3000 PHILADELPHIA PA 191032757 990 2019-10-01 232773714 MUSEUM OF THE AMERICAN REVOLUTION MUSE 8777401776 101 SOUTH 3RD STREET PHILADELPHIA PA 19106 R SCOTT STEPHENSON PRES & CEO 8777401776 2021-04-27 1 HELEN M MARTIN P01330899 2158818800 2019 2022-09-23 18:48:47Z R SCOTT STEPHENSON 101 SOUTH 3RD STREET PHILADELPHIA PA 19106 19400014 0 X WWW.AMREVMUSEUM.ORG X 2000 PA THE MUSEUM OF THE AMERICAN REVOLUTION UNCOVERS AND SHARES COMPELLING STORIES ABOUT THE DIVERSE PEOPLE AND COMPLEX EVENTS THAT SPARKED AMERICA'S ONGOING EXPERIMENT IN EQUALITY AND SELF-GOVERNMENT. 24 24 218 100 0 0 5377340 4719666 4712979 1577782 310950 -61356 22790 56884 10424059 6292976 0 0 0 0 6559913 6083446 93995 0 1662513 11066007 9060214 17719915 15143660 -7295856 -8850684 141045479 135053426 2103421 2404886 138942058 132648540 X THE MUSEUM OF THE AMERICAN REVOLUTION UNCOVERS AND SHARES COMPELLING STORIES ABOUT THE DIVERSE PEOPLE AND COMPLEX EVENTS THAT SPARKED AMERICA'S ONGOING EXPERIMENT IN EQUALITY AND SELF-GOVERNMENT. 0 0 12132210 1634666 THE MUSEUM OF THE AMERICAN REVOLUTION UNCOVERS AND SHARES COMPELLING STORIES ABOUT THE DIVERSE PEOPLE AND COMPLEX EVENTS THAT SPARKED AMERICA'S ONGOING EXPERIMENT IN LIBERTY, EQUALITY, AND SELF-GOVERNMENT THROUGH ITS GALLERIES, PROGRAMS, AND BY OFFERING ON- AND OFF-SITE LEARNING OPPORTUNITIES FOR BROAD AUDIENCES INCLUDING STUDENTS, TEACHERS, AND THE GENERAL PUBLIC. THROUGH THE MUSEUM'S UNMATCHED COLLECTION, IMMERSIVE GALLERIES, POWERFUL THEATER EXPERIENCES, AND INTERACTIVE ELEMENTS, VISITORS TO THE MUSEUM GAIN A DEEPER APPRECIATION FOR HOW THIS NATION CAME TO BE AND FEEL INSPIRED TO CONSIDER THEIR ROLE IN ENSURING THAT THE PROMISE OF THE AMERICAN REVOLUTION ENDURES. LOCATED JUST STEPS AWAY FROM INDEPENDENCE HALL, THE MUSEUM SERVES AS A PORTAL TO THE REGION'S MANY REVOLUTIONARY SITES, SPARKING INTEREST, PROVIDING CONTEXT, AND ENCOURAGING EXPLORATION. THE MUSEUM, WHICH OPENED ON APRIL 19, 2017, IS A PRIVATE, NON-PROFIT, AND NON-PARTISAN ORGANIZATION. 12132210 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 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 1 94 0 1 218 1 0 0 0 0 0 0 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA AL AK AZ AR CA CO CT FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NM NY NC ND OH OK OR RI SC TN UT VA WA WV WI DC X MAUREEN O'RYAN 2152536731 101 SOUTH 3RD STREET PHILADELPHIA PA 19106 R SCOTT STEPHENSON PRESIDENT AND CEO 40.00 X X 275000 0 22722 ZEEANN MASON COO 40.00 X 220654 0 24625 CLAUDIA STOWERS VICE PRESIDENT OF ADVANCEMENT 40.00 X 213882 0 24760 SUE NICOL DIRECTOR OF HUMAN RESOURCES 40.00 X 130490 0 21139 JOHN MCDEVITT DIRECTOR OF OPERATIONS 40.00 X 137174 0 10776 KRISTIAN SMITH DIRECTOR OF DEVELOPMENT 40.00 X 114423 0 18275 MAUREEN O'RYAN CHIEF FINANCIAL OFFICER 40.00 X 116046 0 14785 CHRISTINE SPENCER FRMR DIR OF MARKETING (THRU 9/3/19) 40.00 X 103913 0 5428 MORRIS W OFFIT CHAIR 0.50 X X 0 0 0 BEVERLY M DUBOSE III VICE CHAIR 0.20 X X 0 0 0 MARTHA MCGEARY SNIDER VICE CHAIR 0.20 X X 0 0 0 ADRIAN R KING JR SECRETARY 0.50 X X 0 0 0 BENNETT LOMAX TREASURER 0.50 X X 0 0 0 JOHN AGLIALORO DIRECTOR 0.20 X 0 0 0 KAREN BUCHHOLZ DIRECTOR 0.20 X 0 0 0 DAVID C DARNELL DIRECTOR 0.20 X 0 0 0 H RICHARD DIETRICH III DIRECTOR 0.20 X 0 0 0 DANIEL DILELLA DIRECTOR 0.20 X 0 0 0 MARGARET PEGGY PACE DUCKETT DIRECTOR 0.20 X 0 0 0 RAY HALBRITTER DIRECTOR 0.20 X 0 0 0 JOHN P JUMPER DIRECTOR 0.50 X 0 0 0 JANE KAMENSKY DIRECTOR 0.20 X 0 0 0 MARION T LANE DIRECTOR 0.20 X 0 0 0 PAUL LOCKHART DIRECTOR 0.20 X 0 0 0 ALAN B MILLER DIRECTOR 0.20 X 0 0 0 EDITH MITCHELL DIRECTOR 0.20 X 0 0 0 ZACHARY J PACK DIRECTOR 0.20 X 0 0 0 EDWARD G RENDELL DIRECTOR 0.20 X 0 0 0 STEPHEN SCHWAB DIRECTOR 0.20 X 0 0 0 WILL SCHWARTZ DIRECTOR 0.20 X 0 0 0 MARK SHENKMAN DIRECTOR 0.20 X 0 0 0 1311582 0 142510 10 1 1 0 AREA 17 MEDIA LLC 99 RICHARDSON ST SECOND FLOOR BROOKLYN NY 11211 WEBSITE DEVELOPMENT 765284 MAYOSEITZ MEDIA 751 ARBOR WAY SUITE 130 BLUE BELL PA 19422 MEDIA MANAGEMENT 174299 MASTERPIECE INTERNATIONAL LTD LLC 39 BROADWAY ROOM 1410 NEW YORK NY 10006 LOAN TRANSPORTATION 162511 4 519011 4200655 4719666 GENERAL ADMISSION 713990 1029992 1029992 GROUP SALES 713990 259349 259349 CAFE AND GIFT SHOP COMMISSIONS 713990 155266 155266 FACILITY RENTALS 713990 133175 133175 1577782 984338 984338 12061344 13107038 -1045694 -1045694 -1045694 OTHER REVENUE 900099 56884 56884 56884 6292976 1634666 0 -61356 643650 145514 414483 83653 4391487 3072818 481472 837197 146070 95162 18256 32652 516368 361110 63416 91842 385871 264211 56979 64681 17013 17013 18600 18600 382730 231152 78394 73184 300574 300574 104913 65379 20345 19189 274798 191055 13380 70363 755190 704906 22056 28228 27854 8755 4550 14549 12821 9720 591 2510 6141392 6024422 70182 46788 190439 166718 21143 2578 DONOR CULTIVATION 222732 222732 EXHIBIT EXPENSES 179784 179784 OTHER EXPENSES 147902 46634 48077 53191 EDUCATION 127262 127262 156210 137034 19176 15143660 12132210 1348937 1662513 1327972 3351698 100000 395000 10540105 6184472 76218 29475 297588 163109 103785964 21705938 87288848 82080026 40918257 42346339 496491 503307 141045479 135053426 1523678 933050 579743 379145 1092691 2103421 2404886 X 125802693 123758725 13139365 8889815 138942058 132648540 141045479 135053426 X -8850684 2674438 -124088 6816 X 0 1 X 1 0 X 39224953 41241511 16914943 5377340 4719666 107478413 39224953 41241511 16914943 5377340 4719666 107478413 30910910 76567503 76446 140617 664338 988533 984338 2854272 62310 12533 2900 22790 56884 157417 110490102 15257243 0.69300 0.68030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 38425070 4056739 2482064 3617959 41345914 34299136 5832275 800659 2507000 38425070 19392369 14943718 105359 1150004 34299136 1471563 17816827 103979 19392369 972155 433447 1471563 0.95930 0.02320 0.01750 0 0 1181291 1181291 73048025 7735630 65312395 708638 282599 426039 28848010 13687709 15160301 82080026 X 6354332 0 6354332 -61356 -61356 6292976 8884410 0 8884410 6259250 6259250 15143660 PART III, LINE 1A: MOAR HAS ADOPTED THE POLICY OF NOT CAPITALIZING EITHER PURCHASED OR DONATED COLLECTION ITEMS AND THEREFORE THE VALUE OF MOAR'S COLLECTION IS NOT INCLUDED ON THE STATEMENTS OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED, OR AS DECREASES IN TEMPORARILY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. MOAR FOLLOWS STANDARD PRACTICE IN THE FIELD IN THE CARE AND CONSERVATION OF ITS COLLECTION. PART III, LINE 4: OVER THE COURSE OF NEARLY A CENTURY, THE VALLEY FORGE HISTORICAL SOCIETY ASSEMBLED A RICH COLLECTION OF SEVERAL THOUSAND HISTORICAL OBJECTS, WORKS OF ART, MANUSCRIPTS AND PRINTED WORKS FROM THE PERIOD OF THE AMERICAN REVOLUTION. THE COLLECTION WAS TRANSFERRED TO MOAR IN 2003 AND HAS CONTINUED TO GROW THROUGH GIFTS OF COLLECTION ITEMS AND PURCHASES. THE COLLECTION INCLUDES ITEMS THAT REFLECT THE SOCIAL, ECONOMIC, RELIGIOUS, POLITICAL AND MILITARY HISTORY OF THE AMERICAN REVOLUTION, AS WELL AS ITEMS THAT DOCUMENT THE COMMEMORATION AND POPULAR MEMORY OF THE ERA THROUGH THE 20TH CENTURY. THE COLLECTION IS BEING MAINTAINED FOR PUBLIC EXHIBITION, EDUCATION, AND RESEARCH IN FURTHERANCE OF PUBLIC SERVICE, RATHER THAN FOR FINANCIAL GAIN. MOAR IS USING ITS COLLECTION IN A NEW, NATIONALLY SIGNIFICANT MUSEUM, WHICH OPENED IN APRIL 2017, TO BRING TO LIFE THE FULL STORY OF THE AMERICAN REVOLUTION. PART V, LINE 4: THE BOARD OF DIRECTORS HAS SEVERAL STANDING BOARD POLICIES THAT DESIGNATE, FROM NET ASSETS WITHOUT DONOR RESTRICTIONS, AMOUNTS FOR CERTAIN PURPOSES, INCLUDING AN OPERATING CASH RESERVE FUND OF $2,236,800 AS OF SEPTEMBER 30, 2020, WHICH IS TO FUND OPERATING DEFICITS, AND BOARD-DESIGNATED ENDOWMENTS AND RESERVES, WHICH ARE FOR LONG-TERM INVESTMENT TO FUND MOAR PROGRAMS. $500,000 AND $65,032 OF THE PERMANENTLY AND TEMPORARILY RESTICTED FUNDS, RESPECTIVELY, ARE TO BE USED FOR AWARDS WITH THE REMAINING ENDOWMENTS WITH DONOR RESTRICTIONS TO BE USED TO SUPPORT GENERAL OPERATIONS. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS CLASSIFIED MOAR AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("CODE"); AS AN ORGANIZATION, CONTRIBUTIONS TO WHICH ARE DEDUCTIBLE UNDER SECTION 170(C) OF THE CODE; AND AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION AS DEFINED IN SECTION 509(A) OF THE CODE. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED IN THESE FINANCIAL STATEMENTS. U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY, IF MOAR HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A GOVERNMENT AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY MOAR AND HAS CONCLUDED THAT FOR THE YEARS ENDED SEPTEMBER 30, 2020 AND 2019, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. MOAR RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY. THERE WERE NO INCOME TAX RELATED INTEREST AND PENALTIES RECORDED FOR EITHER OF THE YEARS ENDED SEPTEMBER 30, 2020 OR 2019. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT INCOME -61,356. PART XII, LINE 4B - OTHER ADJUSTMENTS: DEPRECIATION 6,141,392. ACQUISITION OF COLLECTION ITEMS 117,858. X X X 0 0 0 0 0 0 0 0 0 R SCOTT STEPHENSON PRESIDENT AND CEO 275000 0 0 0 0 0 13750 0 8972 0 297722 0 0 0 ZEEANN MASON COO 220654 0 0 0 0 0 10199 0 14426 0 245279 0 0 0 CLAUDIA STOWERS VICE PRESIDENT OF ADVANCEMENT 213882 0 0 0 0 0 10694 0 14066 0 238642 0 0 0 SUE NICOL DIRECTOR OF HUMAN RESOURCES 130490 0 0 0 0 0 6525 0 14614 0 151629 0 0 0 CHRISTINE SPENCER FRMR DIR OF MARKETING (THRU 9/3/19) 103913 0 0 0 0 0 3117 0 2311 0 109341 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT AND IS THEN REVIEWED BY MANAGEMENT, THE PRESIDENT & CHIEF EXECUTIVE OFFICER AND THE AUDIT COMMITTEE. THE AUDIT COMMITTEE REVIEWS AND APPROVES FORM 990 BEFORE IT IS FILED WITH THE IRS. ONCE THE RETURN IS READY FOR FILING, A COPY OF THE FINAL VERSION IS E-MAILED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES (AS DEFINED IN THE CURRENT GLOSSARY TO THE INSTRUCTIONS TO FORM 990), WHO ARE THEN REQUIRED TO ACKNOWLEDGE RECEIPT AND ADHERENCE TO THE RULES STATED IN THE POLICY. THE ABOVE-MENTIONED INDIVIDUALS HAVE A DUTY TO DISCLOSE THE EXISTENCE OF POTENTIAL FINANCIAL INTEREST AND ALL MATERIAL FACTS TO THE BOARD OF DIRECTORS OR TO ANY SPECIAL COMMITTEES WITH BOARD-DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER SUCH DISCLOSURE, THE INTERESTED PERSON SHALL EXCUSE HIMSELF/HERSELF FROM THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF WHETHER A CONFLICT OF INTEREST EXISTS IS DISCUSSED AND VOTED UPON. AFTER EXERCISING DUE DILIGENCE, THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT A DIRECTOR, OFFICER, OR KEY EMPLOYEE HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM SUCH PERSON AND AFFORD SUCH PERSON THE OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF WARRANTED, THE BOARD OR COMMITTEE WILL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15 THE CORPORATION ENDEAVORS TO ENSURE THAT ALL COMPENSATION ARRANGEMENTS AFFECTING INTERESTED PERSONS ARE OBJECTIVELY REASONABLE, BASED ON THE RELEVANT MARKET FOR PERSONS OF COMPARABLE SKILLS, TRAINING, EDUCATION, AND EXPERIENCE, AND PERFORMING SIMILAR DUTIES FOR COMPARABLE ORGANIZATIONS UNDER SIMILAR CONDITIONS AND CIRCUMSTANCES. THE CORPORATION SHALL CONSIDER AND GIVE DUE WEIGHT TO STUDIES PUBLISHED BY THIRD PARTIES REGARDING RATES OF COMPENSATION WHENEVER AND, TO THE EXTENT THAT, SUCH STUDIES ARE RELIABLE, COMPARABLE, AND AVAILABLE. COMPENSATION RATES FOR ALL NEWLY HIRED PERSONS AND RATE ADJUSTMENTS FOR EXISTING PERSONS, ARE REVIEWED BY THE DIRECTOR OF HR AND APPROVED BY SENIOR MANAGEMENT. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN REMAINDER TRUST 6,816.