2021-11-08T17:16:53-06:00 2020-12-31 111986323 MARCUM LLP 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 990 2020-01-01 540564701 THE MOUNT VERNON LADIES' ASSOCIATION OF THE UNION MOUN 7037802000 3200 MOUNT VERNON MEMORIAL HIGHWAY MOUNT VERNON VA 22121 PHILIP L MANNO CHIEF FINANCIAL OFFICER 7037802000 2021-11-08 1 PHILIP MANNO XXX-XX-XXXX FRANK H SMITH P00639053 2022274000 2021-11-04 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z GEORGE WASHINGTON'S MOUNT VERNON PHILIP L MANNO 3200 MOUNT VERNON MEMORIAL HIGHWAY MOUNT VERNON VA 22121 57137098 0 X WWW.MOUNTVERNON.ORG X 1853 VA TO PRESERVE, RESTORE, AND MANAGE THE ESTATE OF GEORGE WASHINGTON AND EDUCATE VISTORS ABOUT HIS LIFE. 22 22 644 221 571497 0 31779228 20927276 15493504 3758080 8203443 10712465 10774615 3422112 66250790 38819933 573899 219537 0 0 24862025 19000224 172000 176950 3479010 25227996 20461492 50835920 39858203 15414870 -1038270 329146907 342045360 26599124 28113438 302547783 313931922 X THE MISSION OF THE MOUNT VERNON LADIES' ASSOCIATION (THE ASSOCIATION) IS TO PRESERVE, RESTORE, AND MANAGE THE ESTATE OF GEORGE WASHINGTON TO THE HIGHEST STANDARDS AND TO EDUCATE VISITORS AND PEOPLE THROUGHOUT THE WORLD ABOUT THE LIFE AND LEGACIES OF GEORGE WASHINGTON, SO THAT HIS EXAMPLE OF CHARACTER AND LEADERSHIP WILL CONTINUE TO INFORM AND INSPIRE FUTURE GENERATIONS. 0 0 17731973 219537 6219400 EDUCATION:AS THE COUNTRY GRAPPLED WITH THE COVID-19 PANDEMIC, CULTURAL INSTITUTIONS WORLDWIDE SAW THEIR DOORS CLOSE TO THE PUBLIC. THE MOUNT VERNON LADIES' ASSOCIATION HAD ALREADY BEEN MAKING INVESTMENTS IN DIGITAL EDUCATION FOR SEVEN YEARS. THE MOUNT VERNON WEBSITE IS ACCESSED ANNUALLY BY MORE THAN 8 MILLION GUESTS. OUR VIRTUAL TOUR AND BE WASHINGTON INTERACTIVES HAVE BEEN VITAL COMPONENTS IN CLASSROOMS AROUND THE COUNTRY, AND WE WERE REGULARLY STREAMING LIVE EVENTS ON OUR FACEBOOK AND YOUTUBE CHANNELS. WHEN MOUNT VERNON CLOSED ITS DOORS TO THE PUBLIC FOR 99 DAYS, THE LONGEST SINCE THE CIVIL WAR, OUR TEAMS QUICKLY EXPANDED OUR DIGITAL PROGRAMMING. WE BEGAN HOSTING DAILY LIVESTREAMS FROM INSIDE THE MANSION, THE MUSEUM, AND THE ESTATE. WE MOVED OUR SYMPOSIUMS, BOOK TALKS, AND LECTURES TO VIRTUAL EVENTS. OUR PROFESSIONAL STAFF CREATED WORKSHOPS ON A WIDE ARRAY OF TOPICS, FROM GARDENING TO LEADERSHIP, AND WE CULTIVATED AND GREW A NATIONAL MEMBERSHIP AUDIENCE THROUGH OUR EXCLUSIVE MEMBERS-ONLY PROGRAMMING.IN TOTAL, MOUNT VERNON HAS HOSTED MORE THAN 153 VIRTUAL EVENTS SINCE MARCH 2020. WE EXPANDED OUR DISTRIBUTION TO INCLUDE TWITTER AND LINKEDIN. WE PIONEERED NEW STRUCTURES FOR INTERACTIVE LECTURES, ALLOWING US TO ASK THE AUDIENCE QUESTIONS AND DISPLAY THEM ON THE STREAM. THIS INCREASED ACCESS, AND PARTICIPATION NOW REGULARLY SEES HUNDREDS OF PEOPLE TUNING IN LIVE AND THOUSANDS OF PEOPLE WATCHING THE EVENT ON-DEMAND AFTER THE EVENT HAS CONCLUDED. TODAY, MOUNT VERNON REACHES MORE PEOPLE DIGITALLY THAN WE CAN ACCOMMODATE IN PERSON AT ANY THEATER AT THE ESTATE. THE ABILITY AND EXPERIENCE GAINED THIS PAST YEAR WILL HAVE A LONG-LASTING IMPACT ON OUR EDUCATION MISSION TO SHARE THE LIFE AND LEGACY OF GEORGE WASHINGTON WITH ALL AMERICANS.MOUNT VERNON'S K-12 EDUCATION TEAM CREATED A VARIETY OF DIGITAL PROGRAMS TO HELP TEACHERS FIND RESOURCES AND INCREASE THEIR OWN CONTENT KNOWLEDGE OF THE 18TH-CENTURY WORLD OF GEORGE WASHINGTON. SEVEN PROGRAM SERIES WERE HOSTED BETWEEN MARCH AND DECEMBER, RANGING FROM MONTHLY HOUR-LONG HAPPY HOURS, TO AN IN-DEPTH THREE-DAY SYMPOSIUM FOCUSED ON SLAVERY IN GEORGE WASHINGTON'S WORLD, TO MULTIWEEK LECTURE SERIES WITH LEADING SCHOLARS. EACH OF THESE PROGRAMS ALLOWED OUR STAFF TO BRING CONTENT, COMPASSION, AND RESOURCES DIRECTLY TO MORE THAN 900 EDUCATORS FROM 47 STATES, AS WELL AS PUERTO RICO AND WASHINGTON, DC. WE ALSO LAUNCHED A WEEKLY LIVESTREAM TO EXPLORE TEACHING WITH MOUNT VERNON RESOURCES THAT AIRED ON MOUNT VERNON'S SOCIAL MEDIA CHANNELS AS "TEACHING TUESDAYS" FROM MARCH THROUGH JUNE AND REACHED MORE THAN 110,000 VIEWERS.IN 2020, MOUNT VERNON FURTHER DEVELOPED ITS RESOURCES AND INTERPRETATION TO ADDRESS ENSLAVEMENT OF PERSONS AT THE ESTATE IN A MEANINGFUL, RELEVANT, AND VISIBLE MANNER. IN THE FIRST FULL YEAR OF THE NEW ROLE OF AFRICAN AMERICAN INTERPRETATION AND SPECIAL PROJECTS COORDINATOR IDENTIFIED AND STRENGTHEN OUR WORK INTERPRETING ENSLAVEMENT BY CREATING INCLUSIVE LEARNING EXPERIENCES AND CONDUCTING OUTREACH TO INDIVIDUALS WHOSE ANCESTORS WERE ENSLAVED AT MOUNT VERNON. THE CREATION OF NEW PROGRAM MODELS AND TRAINING SESSIONS, AS WELL AS A LIVESTREAM SERIES WITH MEMBERS OF THE DESCENDANT COMMUNITY HELPS CONNECT MOUNT VERNON'S 18TH-CENTURY HISTORY TO PEOPLE TODAY. 14795239 HISTORIC PRESERVATION AND COLLECTIONS:IN 2020, THE CLOSURE OF THE ESTATE FOR SEVERAL MONTHS AND LIMITED REOPENING OF THE MANSION PROVIDED AN UNEXPECTED OPPORTUNITY FOR MOUNT VERNON'S PRESERVATION AND CURATORIAL STAFF TO ADVANCE THE REFURBISHMENT OF THE SECOND-FLOOR BEDROOM KNOWN TO THE WASHINGTONS AS THE YELLOW ROOM. THE HIGH VALUES ASSIGNED IN GEORGE WASHINGTON'S PROBATE INVENTORY IDENTIFIED THE BED AND FURNISHINGS AS THE FINEST FROM ANY OF THE HOME'S BEDROOMS, HEADING THE LIST OF GUEST ACCOMMODATIONS. A REPRODUCTION BEDSTEAD DRAPED WITH YELLOW DAMASK TAKES CENTER STAGE IN THE ROOM, CROWNED WITH A DAMASK-COVERED, CARVED CORNICE. THIS IMPRESSIVE DISPLAY IS A PAINSTAKING RE-CREATION OF THE MOST VALUABLE BED ENSEMBLE OWNED BY THE WASHINGTONS. THE RESPLENDENT YELLOW DAMASK DRAPERY IS SET OFF BY A STATELY NEOCLASSICAL STRIPED WALLPAPER, A REPRODUCTION OF THE FASHIONABLE GRISAILLE (GRAY-SCALE DESIGNS) ON YELLOW PAPER LATE 18THCENTURY HOUSEHOLDS OCCASIONALLY PAIRED WITH YELLOW DAMASK SUITES. PERIOD, CARVED GOTHIC-BACK CHAIRS AND A SINUOUS SERPENTINE DRESSING TABLE REPRESENT OTHER ELEMENTS OF THE 1758 SUITE, WHILE A PERIOD BASIN STAND AND A REPRODUCTION PERSIAN-STYLE CARPET STAND AS FURNISHINGS ACQUIRED BY THE WASHINGTONS IN 1774 FROM THE NEIGHBORING FAIRFAX FAMILY MANSION, BELVOIR.THE AUTUMN OF 2020 SAW MOUNT VERNON'S CENTRAL PASSAGE DRAMATICALLY TRANSFORMED BY AN ELEGANT NEOCLASSICAL WALLPAPER, WITH MEDALLION PORTRAITS, GRACEFUL FEMALE STATUETTES, AND FLOWER-FILLED VASES. SEVERAL CLUES LED TO THIS STRIKING ADDITION. WE KNOW FROM GEORGE WASHINGTON'S RECORDS THAT HE HUNG WALLPAPER IN MOST ROOMS OF THE MANSION THAT HAD UNPANELED, PLASTER WALLS. A SMALL FRAGMENT OF WALLPAPER FOUND IN THIS ROOM IN THE 1890S DISPLAYED A CURVING TENDRILA DISTINCTIVE FEATURE OF NEOCLASSICAL ARABESQUE PATTERNS POPULAR IN THE LATE 18TH CENTURY, INSPIRED BY THE DECORATION OF ANCIENT ROMAN WALL MURALS, AND POPULAR FOR HALLWAYS IN THE 1790S. THIS PARTICULAR PATTERN REPRODUCES A DOCUMENTED PAPER PURCHASED IN 1794 FROM THE SAME PHILADELPHIA SUPPLIER THAT WASHINGTON PATRONIZED THREE YEARS LATER. THE WALLPAPER INSTALLATION CONTINUES A MULTIYEAR ROOM RESTORATION THAT BEGAN WITH STRUCTURAL REINFORCEMENT OF THE STAIRCASE IN 2015. IN 2018, THE ARCHITECTURE TEAM RETURNED THE PAINTED WOODWORK TO ITS ORIGINAL 1799 STONE COLOR, BASED ON UPDATED PAINT ANALYSIS, AND THE CURATORIAL TEAM OVERSAW RESTORATION OF THE ORIGINAL GILDED VITRINE CONTAINING THE KEY TO THE BASTILLE.IN MID-SUMMER 2020, WORK WAS COMPLETED ON THE NORTH GARDEN HOUSE. LOCATED IN THE UPPER GARDEN, THIS SMALL OCTAGONAL STRUCTURE WAS BUILT RIGHT AFTER THE REVOLUTIONARY WAR. ITS PRIMARY FUNCTION WAS TO STORE TOOLS AND SEEDS, BUT IT ALSO BRIEFLY SERVED AS A SCHOOLHOUSE FOR WASHINGTON'S STEP-GRANDCHILDREN, NELLY AND WASHY CUSTIS. THE RESTORATION PROJECT PRESENTED A COMPLEX CHALLENGE TO OUR ARCHITECTURAL PRESERVATION TEAM. WHILE THE BUILDING'S 18TH-CENTURY FRAMING SURVIVED, THERE WAS A PRONOUNCED LEVEL OF DETERIORATION THROUGHOUT THE STRUCTURE. ADDING TO THE CHALLENGE, THE INTERIOR PLASTER PRE-DATED THE CIVIL WAR AND CONTAINED SIGNATURES OF 19TH-CENTURY VISITORS. THE TEAM PAINSTAKINGLY REPLACED DETERIORATED FRAMING MEMBERS, ALL WHILE PRESERVING THE INTEGRITY OF THE INTERIOR PLASTER. FINAL EFFORTS INCLUDED WORK ON THE SIDING AND NEW CYPRESS SHINGLES TO ENSURE THE BUILDING IS WEATHER-TIGHT TO PREVENT FUTURE DAMAGE.WE ARE THRILLED TO REPORT THAT IN 2020 MOUNT VERNON HAD THE EXCITING OPPORTUNITY TO PURCHASE THE FINEST PRIVATELY OWNED COLLECTION OF ORIGINAL WASHINGTON ARTIFACTS CAREFULLY STEWARDED BY MARTHA WASHINGTON'S NAMESAKE GRANDDAUGHTER, MARTHA (PATTY) PARKE CUSTIS PETER OF TUDOR PLACE IN GEORGETOWN, AND THEN BY GENERATIONS OF HER DESCENDANTS. THE PETER FAMILY COLLECTION CONTAINS NEARLY 100 REMARKABLE ITEMS, HIGHLIGHTED BY SUCH TREASURES AS MARTHA'S OWN GOLD, ENAMEL, AND DIAMOND-STUDDED WATCH AND HER FRENCH CHAIR; SEVERAL PIECES OF PRESIDENTIAL CHINA; RARE EXAMPLES OF 18TH-CENTURY GLASSWARE; NEOCLASSICAL SILVER TEA WARES; THE DOCUMENTED SILVER AND CORAL BABY'S RATTLE GIVEN BY MARTHA WASHINGTON TO HER FIRST GREAT-GRANDCHILD; THE CHILD'S DRESSING TABLE SENT TO THE WASHINGTONS BY THE MARQUISE DE LAFAYETTE; AND A UNIQUE PORTRAIT PLAQUE DEPICTING GENERAL WASHINGTON IN PORCELAIN, GIVEN TO THE PRESIDENT ON HIS 1790 TOUR OF THE SOUTHERN STATES. THIS UNPARALLELED ASSEMBLAGE PROMISES A TRANSFORMATIONAL IMPACT ON OUR COLLECTION, SCHOLARSHIP, AND INTERPRETATION OF LIFE AT GEORGE AND MARTHA WASHINGTON'S MOUNT VERNON. 32527212 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 141 0 1 644 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO CT FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NM NV NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X X PHILIP L MANNO 7037802000 PO BOX 110 MOUNT VERNON VA 22121 DOUGLAS BRADBURN PRESIDENT/CEO 40.00 X 323113 0 38231 PHILIP L MANNO CHIEF FINANCIAL OFFICER 40.00 X 239932 0 20710 JOSEPH A BONDI SVP DEVELOPMENT 40.00 X 243387 0 26460 SUSAN SCHOELWER EXEC. DIR. OF HPC & RHS SR. CURATOR 40.00 X 184754 0 23245 KEVIN BUTTERFIELD EXECUTIVE DIR. WASHINGTON LIBRARY 40.00 X 181372 0 23823 BEREND OLTMANS DIRECTOR OF IT 40.00 X 167755 0 13563 MATTHEW K BRINEY VP OF MEDIA & COMMUNICATIONS 40.00 X 156248 0 21854 CAROLINA CAMARGO SENIOR DIRECTOR OF DEVELOPMENT 40.00 X 149183 0 18682 WICKENS KAROL VP, EDUCATION 40.00 X 146569 0 14656 TURCOTTE AMELIA SENIOR DIRECTOR OF DEVELOPMENT 40.00 X 142404 0 18124 SARAH MILLER COULSON REGENT 40.00 X X 0 0 0 ANN CADY SCOTT SECRETARY 20.00 X X 0 0 0 MARGARET HARTMAN NICHOLS TREASURER 20.00 X X 0 0 0 MARY LANG BISHOP VICE REGENT 10.00 X 0 0 0 ANN HAUNSCHILD BOOKOUT VICE REGENT 10.00 X 0 0 0 MARIBETH ARMSTRONG BORTHWICK VICE REGENT 10.00 X 0 0 0 JUDITH WILSON GRANT VICE REGENT 10.00 X 0 0 0 ELIZABETH MEDLIN HALE VICE REGENT 10.00 X 0 0 0 LUCIA BOSQUI HENDERSON VICE REGENT 10.00 X 0 0 0 VIRGINIA DAWSON LANE VICE REGENT 10.00 X 0 0 0 HELEN HERBOTH LAUGHERY VICE REGENT 10.00 X 0 0 0 ELIZABETH ROLLINS MAURAN VICE REGENT 10.00 X 0 0 0 CAMERON KOCK MAYER VICE REGENT 10.00 X 0 0 0 CATHERINE HAMILTON MAYTON VICE REGENT 10.00 X 0 0 0 ANNE NEAL PETRI VICE REGENT 10.00 X 0 0 0 ANN SHERRILL PYNE VICE REGENT 10.00 X 0 0 0 SUSAN STEVENS REEDER VICE REGENT 10.00 X 0 0 0 LAURA PEEBLES RUTHERFORD VICE REGENT 10.00 X 0 0 0 ANDREA NOTMAN SAHIN VICE REGENT 10.00 X 0 0 0 JEAN ARMFIELD SHERRILL VICE REGENT 10.00 X 0 0 0 SUSAN MARSHALL TOWNSEND VICE REGENT 10.00 X 0 0 0 CATHERINE MARLETTE WADDELL VICE REGENT 10.00 X 0 0 0 1934717 0 219348 24 0 1 0 CDR FUNDRAISING GROUP 16900 SCIENCE DRIVE STE 210 BOWIE MD 20715 DIRECT MAIL FUNDRAISING SERVICES 1256944 FIRELINE CORPORATION 4506 HOLLINS FERRY ROAD BALTIMORE MD 21227 FIRE SUPPRESSION AND SYSTEM MAINTENANCE 540993 MANA CONSTRUCTION 6401 ROSE HILL DRIVE ALEXANDRIA VA 22310 GENERAL CONSTRUCTION & MAINT. SUPPORT 275566 FIDELITY MECHANCIAL SERVICES 25 LOVETON CIRCLE SPARKS MD 21152 HVAC REPAIR AND MAINTENANCE 241264 JAMES R WALLS CONTRACTING CO INC 7813 DELANO ROAD CLINTON MD 20735 ROOF REPLACEMENT 174827 11 1629934 844558 18452784 7866067 20927276 ADMISSION FEES 900099 2838542 2838542 EVENT REVENUE 900099 895241 895241 CONFERENCES & SYMPOSIA 900099 24297 24297 3758080 7290243 7290243 68109 68109 19127927 9603 15715308 0 3412619 9603 3422222 3422222 211978 844558 251669 -39691 -39691 5383005 2350188 3032817 2461320 571497 OTHER INCOME 900099 360877 360877 360877 38819933 6219400 571497 11101760 93204 93204 126333 126333 1209082 666135 314843 228104 14324251 11874784 1332648 1116819 205107 194259 8082 2766 2071519 1682087 219054 170378 1190265 963520 125332 101413 73451 73451 58910 58910 176950 176950 93157 93157 2041626 1359013 444168 238445 635089 565372 622 69095 3463130 2205092 524101 733937 337191 30553 306638 4263108 4154860 60156 48092 86338 72477 1058 12803 17638 10782 4624 2232 4924330 4466873 228729 228728 270999 216799 40650 13550 COLLECTIONS/ACQUISITION 3265259 3265259 DIRECT MAIL 421993 222751 5904 193338 EVENT EXPENSES 406408 279671 1041 125696 102865 77388 8813 16664 39858203 32527212 3851981 3479010 X 1610236 849970 22528 737738 841057 451229 20441679 21699771 25146262 20606061 458263 1483504 500000 0 2770849 3666849 254342 2711892 170785538 89980557 85729311 80804981 182752503 202275917 7008488 4402781 3244153 3942375 329146907 342045360 3966473 2251801 265312 270176 15000000 15000000 0 1875000 7367339 8716461 26599124 28113438 X 137653243 131925105 164894540 182006817 302547783 313931922 329146907 342045360 X -1038270 13534368 -1111959 X 0 1 X 1 0 X 16853102 10453714 16117389 31779228 20927276 96130709 16853102 10453714 16117389 31779228 20927276 96130709 10589266 85541443 3264580 4724950 3769322 7161135 7358352 26278339 218649 305618 496565 395108 360877 1776817 124185865 124684105 0.68880 0.67710 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2016 AMOUNT: $ 218,649. 2017 AMOUNT: $ 305,618. 2018 AMOUNT: $ 496,565. 2019 AMOUNT: $ 395,108. 2020 AMOUNT: $ 360,877. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 184775698 4663825 26268889 8091532 207616880 144135983 15161566 31947910 6469761 184775698 157292554 3046820 -10708395 5494996 144135983 136871108 550186 26509563 6638302 157292555 139309486 1046444 9604030 13088852 136871108 0.21130 0.38490 0.40380 1 0 637798 637798 118726558 45539312 73187246 44126860 40791911 3334949 7294322 3649334 3644988 80804981 INTEREST RATE SWAP AGREEMENT 7320572 ANNUITY GIFT LIABILITY 1361996 POOLED INCOME FUND LIABILITY 26080 DUE TO REGION 5 HISTORY FUND 7813 8716461 X 54195257 13534368 444215 -1111959 12866624 41328633 93157 -2601857 -2508700 38819933 42811118 444215 444215 42366903 93157 -2601857 -2508700 39858203 PART III, LINE 1A: HISTORICAL PROPERTIES AND COLLECTIONS OWNED BY THE ASSOCIATION HAVE BEEN ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE ASSOCIATION'S INCEPTION. THESE HISTORICAL PROPERTIES AND COLLECTIONS ARE NOT INCLUDED AS ASSETS IN THE STATEMENT OF FINANCIAL POSITION. THE COST OF THE PROPERTIES IS NOT READILY AVAILABLE, AND THE ASSOCIATION IS OF THE OPINION THAT, BECAUSE OF THE INTRINSIC VALUE OF THE PROPERTIES, IT IS IMPRACTICAL TO ASSIGN VALUES TO THE COMPONENTS. IN CONFORMITY WITH ACCOUNTING POLICIES GENERALLY FOLLOWED FOR HISTORICAL PROPERTIES, THE VALUE OF COLLECTIONS AS WELL AS REPAIRS AND IMPROVEMENTS TO HISTORICAL PROPERTIES HAVE BEEN EXCLUDED FROM THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTION IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED, OR AS DECREASES IN NET ASSETS WITH DONOR RESTRICTION IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. THE FINANCIAL STATEMENTS DO NOT REFLECT ANY CONTRIBUTED COLLECTION ITEMS. PART III, LINE 4: THE ASSOCIATION COLLECTS, RESEARCHES, CONSERVES, RESTORES, RECONSTRUCTS, PRESERVES, DOCUMENTS, AND SHARES WITH THE PUBLIC HISTORIC STRUCTURES, ARCHAEOLOGICAL SITES, AND THE CULTURAL LANDSCAPE AS WELL AS TWO AND THREE-DIMENSIONAL OBJECTS IN A VARIETY OF MEDIA. RESPONSIBILITY FOR THE PRESERVATION AND MAINTENANCE OF THE HISTORIC STRUCTURES, CULTURAL RESOURCES AND THE COLLECTIONS FALLS TO THE HISTORIC PRESERVATION AND COLLECTIONS DEPARTMENT AND THE FRED W. SMITH LIBRARY FOR THE STUDY OF GEORGE WASHINGTON AT MOUNT VERNON. THE HISTORIC PRESERVATION AND COLLECTIONS DEPARTMENT IS DIVIDED INTO THE FINE AND DECORATIVE ARTS CURATORIAL COLLECTION, THE ARCHAEOLOGICAL COLLECTION, THE ARCHITECTURAL FRAGMENTS COLLECTION, AND PHOTO ARCHIVES. THE FINE AND DECORATIVE ARTS CURATORIAL COLLECTION INCLUDES THREE-DIMENSIONAL OBJECTS, TEXTILES, WORKS OF ART ON PAPER, AND PAINTINGS. THE ARCHAEOLOGICAL COLLECTION INCLUDES ARTIFACTS AND THEIR ASSOCIATED DOCUMENTATION DERIVING FROM EXCAVATION PROJECTS, AS WELL AS RANDOM FINDS ORIGINATING ON THE MOUNT VERNON ESTATE. THE ARCHITECTURAL FRAGMENTS COLLECTION INCLUDES FEATURES, BUILDING MATERIALS, AND FINISH TREATMENTS THAT ARE ARCHITECTURAL IN NATURE, AND WHICH HAVE BEEN REMOVED FROM THEIR ORIGINAL CONTEXT DURING THE COURSE OF RESTORATION WORK UNDERTAKEN TO STABILIZE, PROTECT, OR REINTERPRET MOUNT VERNON'S HISTORIC BUILDINGS AND STRUCTURES. PHOTO ARCHIVES CONTAINS MODERN FILM, NEGATIVES, AND DIGITAL IMAGE FILES OF A VARIETY OF MOUNT VERNON RELATED SUBJECTS. SPECIAL COLLECTIONS INCLUDES RARE BOOKS, HISTORIC MANUSCRIPTS, PHOTOGRAPHS, THE ASSOCIATION'S ARCHIVAL MATERIALS, AND PRINTED EPHEMERA. THE LIBRARY COLLECTS PRINTED MATERIAL WITH A PRIMARY EMPHASIS ON GEORGE WASHINGTON, MOUNT VERNON, AND THE MOUNT VERNON LADIES' ASSOCIATION. THE MOST IMPORTANT INITIAL CRITERION WITH WHICH TO EVALUATE A POTENTIAL ACQUISITION IS ITS CONTRIBUTION TO INTERPRETATION, EXHIBITION, AND RESEARCH VALUE AT MOUNT VERNON. THIS INCLUDES THE FOLLOWING ITEMS: OBJECTS ORIGINAL TO MOUNT VERNON OR OWNED BY GEORGE AND MARTHA WASHINGTON; OBJECTS RELATED TO WASHINGTON'S NON-DOMESTIC LIFE, INCLUDING HIS ROLE AS MILITARY LEADER, SURVEYOR, AND PRESIDENT; MANUSCRIPTS BY GEORGE OR MARTHA WASHINGTON NOT PREVIOUSLY REPRODUCED OR PUBLISHED IN PRINT OR ELECTRONIC FORMAT; BOOKS AND OTHER PUBLISHED MATERIALS OWNED BY GEORGE OR MARTHA WASHINGTON; OBJECTS RELATING TO THE DEVELOPMENT AND DOMESTIC LIFE OF MOUNT VERNON, INCLUDING MATERIAL RELATED TO FAMILY MEMBERS, VISITORS, AND ACQUAINTANCES; PERIOD OBJECTS THAT REPLICATE OBJECTS THAT WERE AT MOUNT VERNON, FOR THE PURPOSE OF ENHANCING THE INTERPRETATION AND UNDERSTANDING OF THE ESTATE AND THE LIFE AND LEGACY OF GEORGE AND MARTHA WASHINGTON; ARCHIVAL MATERIALS RELATING TO THE DEVELOPMENT AND DOMESTIC LIFE OF MOUNT VERNON, INCLUDING MATERIALS OF FAMILY MEMBERS, VISITORS, AND ACQUAINTANCES; BOOKS OF THE WASHINGTON AND CUSTIS FAMILIES THAT ARE RELATED TO COLLECTIONS OR INTERPRETATION GOALS; MANUSCRIPTS BY GEORGE OR MARTHA WASHINGTON PREVIOUSLY REPRODUCED OR PUBLISHED IN PRINT OR ELECTRONIC FORMAT; MAPS, PLANS, SURVEYS, MANUSCRIPTS, RARE BOOKS, PHOTOGRAPHS AND OTHER DOCUMENTS OF HISTORICAL VALUE RELATING TO 17TH, 18TH 19TH AND 20TH CENTURY LIFE AT MOUNT VERNON AND THE WASHINGTON FAMILY. PART V, LINE 4: THE ASSOCIATION'S ENDOWMENT CONSISTS OF 71 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE BOARD APPROVES SPENDING ON PROGRAM RESTRICTED ENDOWMENTS AS PART OF ITS ANNUAL BUDGET APPROVAL PROCESS. IN ADDITION, THE BOARD ALSO APPROVES, AS PART OF ITS ANNUAL BUDGETARY APPROVAL PROCESS, THE TRANSFER AND EXPENDITURE OF ADDITIONAL BOARD-DESIGNATED FUNDS FOR CAPITAL IMPROVEMENTS, COLLECTION ACQUISITIONS OR SPECIAL PROJECTS. TEMPORARILY RESTRICTED ENDOWMENT FUNDS ARE USED FOR THE OPERATIONS OF THE ORIENTATION CENTER, EDUCATION CENTER, AND NATIONAL LIBRARY. PART X, LINE 2: THE ASSOCIATION EVALUATED ITS UNCERTAINTY IN INCOME TAXES FOR THE YEARS ENDED DECEMBER 31, 2020 AND 2019, AND DETERMINED THAT THERE ARE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF INTEREST RATE SWAP AGREEMENT -1,402,152. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 290,193. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT DIRECT EXPENSES -251,669. COST OF GOODS SOLD -2,350,188. PART XII, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT DIRECT EXPENSES -251,669. COST OF GOOD SOLD -2,350,188. X X X X X X 1 CDR FUNDRAISING GROUP 2800 SHIRLINGTON ROAD 9TH FLOOR ARLINGTON VA 20706 DIRECT MAIL 0 2853023 176950 2676073 2853023 176950 2676073 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI SPIRIT OF MOUNT VERNON 541185 467605 73580 41871 91793 20042 2671 HOMECOMING EVENT 390207 322157 68050 2514 29085 14709 9790 1 125144 54796 70348 25197 8948 5049 1056536 844558 211978 44385 146075 43699 17510 251669 -39691 SCHEDULE G, PART I, LINE 2B, COLUMN (V) DURING THE YEAR ENDED DECEMBER 31, 2019, THE LUKENS COMPANY WAS PAID A TOTAL OF $1,512,320. OF THIS AMOUNT, $172,000 WAS RELATED TO DIRECT FUNDRAISING AND THE REST WAS FOR REIMBURSEMENT OF PRINTING, POSTAGE, AND OTHER FUNDRAISING MATERIALS. 1 UNIVERSITY OF HARTFORD 200 BLOOMFIELD AVE WEST HARTFORD CT 06117 060731360 501(C)(3) 10000 GRADUATE FELLOWSHIP UNIVERSITY OF SOUTH CAROLINA 1600 HAMPTON STREET COLUMBIA SC 29208 576001153 501(C)(3) 20000 GRADUATE FELLOWSHIP MARYMOUNT UNIVERSITY 2807 NORTH GLEBE ROAD ARLINGTON VA 22207 540573801 501(C)(3) 10000 GRADUATE FELLOWSHIP ACCOKEEK FOUNDATION 3400 BRYAN POINT ROAD ACCOKEEK MD 20607 526037288 501(C)(3) 15000 PROTECTION OF VIEWSHED UNIVERSITY OF VIRGINIA PO BOX 400195 CHARLOTTESVILLE VA 229044195 546001796 501(C)(3) 25000 PAPERS OF GEORGE WASHINGTON 5 0 STIPENDS & AWARDS 30 126333 PART I, LINE 2: THE ASSOCIATION PERIODICALLY AWARDS GRANTS TO ORGANIZATIONS WITH WHICH WE PARTNER ON PROJECTS THAT FURTHER OUR MISSION. GRANTS ARE APPROVED AND DOCUMENTED WITH FORMAL GRANT AGREEMENTS, AND FUNDS ARE DISBURSED ACCORDING TO THE SUBSTANTIATION PROVISIONS OF EACH GRANT AGREEMENT. THE ASSOCIATION REQUIRES GRANT REPORTS AT THE END OF EACH GRANT TERM AND/OR MONITORS PROGRESS TOWARDS GRANT ACCOMPLISHMENTS THROUGH OUR DAY-TO-DAY INVOLVEMENT WITH A PARTNER. X X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 DOUGLAS BRADBURN PRESIDENT/CEO 322613 0 500 0 0 0 25100 0 13131 0 361344 0 0 0 PHILIP L MANNO CHIEF FINANCIAL OFFICER 239182 0 750 0 0 0 19208 0 1502 0 260642 0 0 0 JOSEPH A BONDI SVP DEVELOPMENT 239887 0 3500 0 0 0 18616 0 7844 0 269847 0 0 0 SUSAN SCHOELWER EXEC. DIR. OF HPC & RHS SR. CURATOR 182004 0 2750 0 0 0 14141 0 9104 0 207999 0 0 0 KEVIN BUTTERFIELD EXECUTIVE DIR. WASHINGTON LIBRARY 180872 0 500 0 0 0 12863 0 10960 0 205195 0 0 0 BEREND OLTMANS DIRECTOR OF IT 167130 0 625 0 0 0 13062 0 501 0 181318 0 0 0 MATTHEW K BRINEY VP OF MEDIA & COMMUNICATIONS 155748 0 500 0 0 0 12534 0 9320 0 178102 0 0 0 CAROLINA CAMARGO SENIOR DIRECTOR OF DEVELOPMENT 148683 0 500 0 0 0 11857 0 6825 0 167865 0 0 0 WICKENS KAROL VP, EDUCATION 146069 0 500 0 0 0 11595 0 3061 0 161225 0 0 0 TURCOTTE AMELIA SENIOR DIRECTOR OF DEVELOPMENT 141904 0 500 0 0 0 11628 0 6496 0 160528 0 0 0 PART I, LINE 1A THE PRESIDENT/CEO OF THE ASSOCIATION IS REQUIRED TO LIVE ON THE PREMISES AND IS PROVIDED WITH HOUSING, AND PERSONAL SERVICES FOR THE CARE OF THE PROPERTY. AS SUCH, THESE ARE NON-TAXABLE ALLOWANCES. SOCIAL CLUB DUES WERE REIMBURSED AND RECORDED AS TAXABLE ON THE FORM W-2. A FAIRFAX COUNTY ECONOMIC DEVELOPMENT AUTHORITY 911910090 30382EDU5 2007-06-20 15000000 REFINANCE EXISTING BONDS 0 0 0 A 15000000 128967 14871033 2009 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 1 1 1 SUNTRUST 30.000000000000 0 0 0 0 0 0 1 A 0 X 74 7823600 FMV X SUPPLIES 13 42467 FMV 0 1 0 PART I, COLUMN (B): PART I, COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE ASSOCIATION'S PROCESS FOR PREPARING AND REVIEWING THE FEDERAL FORM 990, CONTAINS FOUR LEVELS OF REVIEW: 1) A DRAFT OF THE FEDERAL FORM 990 IS PREPARED BY THE ASSOCIATION'S TAX ADVISORS, MARCUM LLP, BASED ON FINANCIAL INFORMATION IN THE CERTIFIED AUDIT, ORGANIZATIONAL INFORMATION DOCUMENTED FROM THE AUDIT, PREPARATION OF INFORMATION SCHEDULES BY THE FINANCE DEPARTMENT AND ANSWERS TO CHECKLIST QUESTIONS; 2) THE DRAFT OF FEDERAL FORM 990 IS REVIEWED BY THE ASSOCIATION'S MANAGEMENT (PRESIDENT/CEO, CHIEF FINANCIAL OFFICER AND CONTROLLER) FOR ACCURACY AND COMPLETENESS; 3) THE AUDIT COMMITTEE REVIEWS THE FINAL DRAFT WITH THE INDEPENDENT AUDITOR; AND 4) THE FINAL DRAFT IS THEN PROVIDED TO THE FULL BOARD FOR REVIEW PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ASSOCIATION'S CONFLICT OF INTEREST POLICY REQUIRES THE ANNUAL COMPLETION OF A CONFLICT OF INTEREST FORM BY ALL DIRECTORS, OFFICERS AND KEY EMPLOYEES. THE FORM WAS PREPARED BY OUTSIDE COUNSEL AND ASKS FOR DOCUMENTATION OF POTENTIAL CONFLICTS OF INTEREST IN THE FOLLOWING AREAS: FINANCIAL INTERESTS, GIFTS OR ENTERTAINMENT THAT MIGHT INFLUENCE DECISION MAKING, AND ANY OTHER ACTIVITIES. THE FORMS ARE REVIEWED BY THE CHIEF FINANCIAL OFFICER AND ARE DISCUSSED WITH THE OUTSIDE COUNSEL AND THE EXECUTIVE COMMITTEE OF THE BOARD, IF APPROPRIATE. THE PRESIDENT/CEO REVIEWS THE COMPLETED FORM OF THE CHIEF FINANCIAL OFFICER, AND TAKES ANY APPROPRIATE ACTION. IF A CONFLICT IS IDENTIFIED ON THE QUESTIONNAIRE, THE CONFLICT IS SENT TO THE EXECUTIVE COMMITTEE AND IS RESOLVED APPROPRIATELY BASED ON THE CIRCUMSTANCES. FORM 990, PART VI, SECTION B, LINE 15 ON A PERIODIC BASIS, THE ASSOCIATION WORKS WITH A COMPENSATION CONSULTANT TO PERFORM COMPARATIVE MARKET STUDIES ON OVER 50 FULL-TIME POSITIONS. THIS STUDY INCLUDED ALL EXECUTIVE AND MANAGEMENT POSITIONS AND A NUMBER OF FRONT LINE STAFF POSITIONS. COMPENSATION IS BENCHMARKED AGAINST OUR PEER GROUP (MUSEUMS AND HISTORICAL SITES), SIMILAR POSITIONS IN THE WASHINGTON DC METRO AREA AND THE NOT-FOR-PROFIT INDUSTRY AT-LARGE. MARKET ADJUSTMENTS ARE MADE AND SALARY GRADES ADJUSTED BASED ON THESE STUDIES. IN ADDITION, PRESIDENT/CEO COMPENSATION IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE BOARD. IN 2017 THE BOARD HIRED AN INDEPENDENT EXECUTIVE SEARCH FIRM THAT SPECIALIZED IN NON-PROFIT CEO COMPENSATION TO ANALYZE OUR PRESIDENT/CEO COMPENSATION STRUCTURE TO ENSURE IT IS CONSISTENT WITH CURRENT MARKET AND INDUSTRY RATES. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION'S ARTICLES OF INCORPORATION ARE AVAILABLE TO THE PUBLIC THROUGH THE STATE OF VIRGINIA STATE CORPORATION COMMISSION. THE BYLAWS AND THE CONFLICTS OF INTEREST POLICY, WHICH REQUIRES ANNUAL DISCLOSURE OF CONFLICTING INTERESTS BY EXECUTIVE COMMITTEE BOARD AND OFFICERS, ARE NOT MADE AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE POSTED ON THE ASSOCIATION'S WEBSITE AND ARE AVAILABLE IN HARD COPY UPON SPECIFIC REQUEST. IN ADDITION, SUMMARIZED FINANCIAL INFORMATION IS DISCLOSED IN THE ASSOCIATION'S ANNUAL REPORT. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INTEREST RATE SWAP AGREEMENT -1,402,152. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 290,193.