NANTUCKET HISTORICAL ASSOCIATION: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: NANTUCKET HISTORICAL ASSOCIATION (EIN 04-6003451)
Tax period: 2020-01-01 to 2020-12-31
Filed: 2021-11-11
IRS object ID: 202143159349301759
Schema version: 2020v4.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule G
Schedule J
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-11-11T08:36:25-06:00	ReturnTs
Tax Period End	2020-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	043037870	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BOLLUS LYNCH LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	89 SHREWSBURY STREET	AddressLine1Txt
City	WORCESTER	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	01604	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2020-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	046003451	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	NANTUCKET HISTORICAL ASSOCIATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	NANT	BusinessNameControlTxt
Phone	5082281894	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1016	AddressLine1Txt
City	NANTUCKET	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02554	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JOHN FLANNERY	PersonNm
Person Title	TREASURER	PersonTitleTxt
Phone	5082281894	PhoneNum
Signature	2021-11-04	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	JOHN	PersonFirstNm
Person Last	FLANNERY	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	BARBARA E KING	PreparerPersonNm
PTIN	P00005629	PTIN
Phone	5087557107	PhoneNum
Preparation	2021-11-04	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2020	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	JOHN FLANNERY	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1016	AddressLine1Txt
City	NANTUCKET	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02554	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$6,509,014	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.NHA.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1894	FormationYr
Legal Domicile State	MA	LegalDomicileStateCd
Activity Or Mission	THE NANTUCKET HISTORICAL ASSOCIATION PRESERVES AND INTERPRETS THE HISTORY OF NANTUCKET THROUGH ITS PROGRAMS, COLLECTIONS, AND PROPERTIES, IN ORDER TO PROMOTE THE ISLAND'S SIGNIFICANCE AND FOSTER AN APPRECIATION OF IT AMONG ALL AUDIENCES.	ActivityOrMissionDesc
Voting Members Governing Body	32	VotingMembersGoverningBodyCnt
Voting Members Independent	32	VotingMembersIndependentCnt
Total Employee	70	TotalEmployeeCnt
Total Volunteers	100	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$5,107,540	PYContributionsGrantsAmt
CY Contributions Grants	$3,720,485	CYContributionsGrantsAmt
PY Program Service Revenue	$1,078,101	PYProgramServiceRevenueAmt
CY Program Service Revenue	$282,651	CYProgramServiceRevenueAmt
PY Investment Income	$1,909,341	PYInvestmentIncomeAmt
CY Investment Income	$1,155,784	CYInvestmentIncomeAmt
PY Other Revenue	$389,133	PYOtherRevenueAmt
CY Other Revenue	$176,463	CYOtherRevenueAmt
PY Total Revenue	$8,484,115	PYTotalRevenueAmt
CY Total Revenue	$5,335,383	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$2,099,899	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$1,745,754	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$644,393	CYTotalFundraisingExpenseAmt
PY Other Expenses	$4,379,303	PYOtherExpensesAmt
CY Other Expenses	$3,559,672	CYOtherExpensesAmt
PY Total Expenses	$6,479,202	PYTotalExpensesAmt
CY Total Expenses	$5,305,426	CYTotalExpensesAmt
PY Revenues Less Expenses	$2,004,913	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$29,957	CYRevenuesLessExpensesAmt
Total Assets BOY	$46,588,556	TotalAssetsBOYAmt
Total Assets EOY	$49,997,489	TotalAssetsEOYAmt
Total Liabilities BOY	$2,356,553	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$2,549,287	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$44,232,003	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$47,448,202	NetAssetsOrFundBalancesEOYAmt
Mission	THE NANTUCKET HISTORICAL ASSOCIATION PRESERVES AND INTERPRETS THE HISTORY OF NANTUCKET THROUGH ITS PROGRAMS, COLLECTIONS, AND PROPERTIES, IN ORDER TO PROMOTE THE ISLAND'S SIGNIFICANCE AND FOSTER AN APPRECIATION OF IT AMONG ALL AUDIENCES.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$1,999,260	ExpenseAmt
Revenue	$491,055	RevenueAmt
Desc	CURATORIAL & COLLECTION CARE - IN ADDITION TO THE NHA'S EXTENSIVE COLLECTION OF ARTIFACTS, IT ALSO OWNS AND MAINTAINS 18 HISTORIC PROPERTIES, OF WHICH MANY ARE OPEN TO THE PUBLIC. OVER 100,000 VISITORS ENTER NHA PROPERTIES EACH YEAR TO VIEW ITEMS FROM THE PERMANENT COLLECTION AS WELL AS TRAVELING CHANGING EXHIBITIONS. THE CURATORIAL DEPARTMENT CONTINUES TO ACCESSION GIFTS TO THE COLLECTION AND DIGITIZE THE IMAGES OF THE COLLECTION TO MAKE THE DATABASE ACCESSIBLE WORLDWIDE THROUGH THE INTERNET.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$844,155	ExpenseAmt
Revenue	$37,775	RevenueAmt
Desc	EDUCATION AND PUBLIC PROGRAMS - THE NHA OFFERS A YEAR-ROUND SCHEDULE OF DIVERSE EDUCATIONAL PROGRAMS AT ITS PROPERTIES AND IN LOCAL SCHOOLS. DURING THE SUMMER SEASON, THE NHA OFFERS DAILY EXHIBITION TOURS AND WALKING TOURS OF THE ISLAND, INTERPRETIVE PRESENTATIONS, AND PUBLIC ACCESS TO THE DISCOVERY ROOM, WHICH IS A FAMILY LEARNING CENTER. THROUGHOUT THE ENTIRE YEAR, THE NHA ALSO OFFERS A LECTURE SERIES, MANY OF WHICH ARE FREE TO THE PUBLIC. THE 1800 HOUSE, ONE OF THE NHA'S PROPERTIES IS DEDICATED TO CELEBRATING AND REVIVING NANTUCKET'S RICH TRADITION IN HISTORIC DECORATIVE ARTS AND CRAFTS. COURSES RUN FROM MAY THROUGH OCTOBER.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$754,706	ExpenseAmt
Desc	RESEARCH LIBRARY - THE NANTUCKET HISTORICAL ASSOCIATION RESEARCH LIBRARY IS A SPECIAL COLLECTIONS REPOSITORY OF PRIMARY RESOURCES FOCUSING ON NANTUCKET HISTORY. THE COLLECTIONS CONTAIN MORE THAN 5,000 VOLUMES AND 60,000 PHOTOGRAPHS, AS WELL AS ARCHIVAL DOCUMENTS SUCH AS SHIPS' LOGS, ACCOUNT BOOKS, FAMILY PAPERS, AND SCRAPBOOKS.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$3,598,121	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	Yes (1)	ConservationEasementsInd
Collections Of Art	Yes (1)	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (1)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	Yes (1)	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (1)	DeductibleNonCashContriInd
Deductible Art Contribution	Yes (1)	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	45	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	70	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (1)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (1)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind	0	Form8899Filedind
Form1098 C Filed	0	Form1098CFiledInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	32	GoverningBodyVotingMembersCnt
Independent Voting Member	32	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (1)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
Own Website	Yes (X)	OwnWebsiteInd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	JOHANNA RICHARD	PersonNm
Phone	5082281894	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	15 BROAD STREET	AddressLine1Txt
City	NANTUCKET	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02554	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (35 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
WILLIAM BOARDMAN
DIRECTOR	2.00	Yes (X)	$0	$0	$0
JOHN FLANNERY
TREASURER	2.00	Yes (X)	$0	$0	$0	Yes (X)
CAM GAMMILL
DIRECTOR	2.00	Yes (X)	$0	$0	$0
SUSAN BLOUNT
VICE PRESIDENT	2.00	Yes (X)	$0	$0	$0	Yes (X)
WENDY HUDSON
DIRECTOR	2.00	Yes (X)	$0	$0	$0
SARAH ALGER
CLERK	2.00	Yes (X)	$0	$0	$0	Yes (X)
CARLA MCDONALD
DIRECTOR	2.00	Yes (X)	$0	$0	$0
VICTORIA MCMANUS
DIRECTOR	2.00	Yes (X)	$0	$0	$0
AMANDA CROSS
DIRECTOR	2.00	Yes (X)	$0	$0	$0
MARLA MULLEN SANFORD
DIRECTOR	2.00	Yes (X)	$0	$0	$0
CHIP CARVER
PRESIDENT	10.00	Yes (X)	$0	$0	$0	Yes (X)
GRAHAM GOLDSMITH
DIRECTOR	2.00	Yes (X)	$0	$0	$0
LUCINDA BALLARD
DIRECTOR	2.00	Yes (X)	$0	$0	$0
ALISA WOOD
DIRECTOR	2.00	Yes (X)	$0	$0	$0
JANET L SHERLUND
DIRECTOR	2.00	Yes (X)	$0	$0	$0
ASHLEY GOSNELL MODY
DIRECTOR	2.00	Yes (X)	$0	$0	$0
OLIVIA CHARNEY
DIRECTOR	2.00	Yes (X)	$0	$0	$0
FINN X WENTWORTH
DIRECTOR	2.00	Yes (X)	$0	$0	$0
KELLY M WILLIAMS
DIRECTOR	2.00	Yes (X)	$0	$0	$0
DAVID WORTH
VICE PRESIDENT	2.00	Yes (X)	$0	$0	$0	Yes (X)
WYLIE COLLINS
DIRECTOR	2.00	Yes (X)	$0	$0	$0
CARL JELLEME
DIRECTOR	2.00	Yes (X)	$0	$0	$0
PATRICIA ANATHAN
DIRECTOR	2.00	Yes (X)	$0	$0	$0
CARTER STEWART
DIRECTOR	2.00	Yes (X)	$0	$0	$0
NANCY ABBEY
DIRECTOR	2.00	Yes (X)	$0	$0	$0
ANNABELLE FOWLKES
DIRECTOR	2.00	Yes (X)	$0	$0	$0
VALERIE PALEY
DIRECTOR	2.00	Yes (X)	$0	$0	$0
BRITT NEWHOUSE
DIRECTOR	2.00	Yes (X)	$0	$0	$0
MELINDA SULLIVAN
DIRECTOR	2.00	Yes (X)	$0	$0	$0
JASON TILROE
DIRECTOR	2.00	Yes (X)	$0	$0	$0
JUDITH IVEY
DIRECTOR	2.00	Yes (X)	$0	$0	$0
FRANCI NEELY
DIRECTOR	2.00	Yes (X)	$0	$0	$0
JOHANNA RICHARD
EXECUTIVE DIRECTOR	40.00		$150,389	$0	$28,726	Yes (X)
JAMES RUSSELL
FORMER EXECUTIVE DIRECTOR	40.00		$195,100	$0	$6,711	Yes (X)
EDWIN RUDD
DIRECTOR OF HISTORIC PROPE	40.00		$105,682	$0	$27,460		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$451,171	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$62,897	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	3	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
GRODSKY
3 APPIAN WAY	WORCESTER	MA	01610	HVAC MAINTENANCE	$135,320
NOVATION MEDIA
14 DEER RUN ROAD	NANTUCKET	MA	02554	IT SUPPORT	$103,884

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	2	CntrctRcvdGreaterThan100KCnt
Membership Dues	$488,320	MembershipDuesAmt
Fundraising	$490,973	FundraisingAmt
Government Grants	$500,100	GovernmentGrantsAmt
All Other Contributions	$2,241,092	AllOtherContributionsAmt
Noncash Contributions	$77,847	NoncashContributionsAmt
Total Contributions	$3,720,485	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ADMISSIONS	713990	$244,876	$244,876
EDUCATIONAL PROGRAMS	713990	$37,775	$37,775

Field	Value	IRS element (for citing)
Total Program Service Revenue	$282,651	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$600,986	TotalRevenueColumnAmt
Exclusion	$600,986	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$251,269	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$251,269	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$251,269	TotalRevenueColumnAmt
Related Or Exempt Func Income	$251,269	RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$1,257,500	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$702,702	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$554,798	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$554,798	TotalRevenueColumnAmt
Exclusion	$554,798	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$189,347	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$490,973	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$259,063	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$69,716	TotalRevenueColumnAmt
Exclusion	-$69,716	ExclusionAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$200,947	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$211,866	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$10,919	TotalRevenueColumnAmt
Related Or Exempt Func Income	-$10,919	RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	MISCELLANEOUS	Desc
Business	713990	BusinessCd
Total Revenue Column	$5,829	TotalRevenueColumnAmt
Related Or Exempt Func Income	$5,829	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$5,829	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$5,335,383	TotalRevenueColumnAmt
Related Or Exempt Func Income	$528,830	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$1,086,068	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$451,171	TotalAmt
Program Services	$105,682	ProgramServicesAmt
Management And General	$345,489	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$978,891	TotalAmt
Program Services	$547,673	ProgramServicesAmt
Management And General	$148,410	ManagementAndGeneralAmt
Fundraising	$282,808	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$315,692	TotalAmt
Program Services	$150,570	ProgramServicesAmt
Management And General	$81,552	ManagementAndGeneralAmt
Fundraising	$83,570	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$56,302	TotalAmt
Management And General	$56,302	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$19,108	TotalAmt
Management And General	$19,108	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$31,297	TotalAmt
Management And General	$31,297	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$97,972	TotalAmt
Program Services	$96,472	ProgramServicesAmt
Management And General	$1,500	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$1,174,619	TotalAmt
Program Services	$1,046,571	ProgramServicesAmt
Management And General	$64,024	ManagementAndGeneralAmt
Fundraising	$64,024	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$5,140	TotalAmt
Program Services	$3,318	ProgramServicesAmt
Management And General	$39	ManagementAndGeneralAmt
Fundraising	$1,783	FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$1,082,433	TotalAmt
Program Services	$929,361	ProgramServicesAmt
Management And General	$76,536	ManagementAndGeneralAmt
Fundraising	$76,536	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$23,325	TotalAmt
Program Services	$6,648	ProgramServicesAmt
Management And General	$16,677	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
SUBCONTRACTED SERVICES	$309,320	$212,578	$64,167	$32,575
COLLECTION EXPENSES	$266,186	$266,186
BANK AND CREDIT CARD FE	$115,435		$115,435
SUPPLIES	$88,612	$77,970	$6,196	$4,446

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$289,923	TotalAmt
Program Services	$155,092	ProgramServicesAmt
Management And General	$36,180	ManagementAndGeneralAmt
Fundraising	$98,651	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$5,305,426	TotalAmt
Program Services	$3,598,121	ProgramServicesAmt
Management And General	$1,062,912	ManagementAndGeneralAmt
Fundraising	$644,393	FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$1,998,516	BOYAmt
EOY	$2,816,426	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$2,769,455	BOYAmt
EOY	$1,059,331	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$150,000	BOYAmt
EOY	$113,059	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$114,423	BOYAmt
EOY	$157,904	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$29,663,973	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$15,118,791	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$15,408,529	BOYAmt
EOY	$14,545,182	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$26,147,633	BOYAmt
EOY	$31,305,587	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$46,588,556	BOYAmt
EOY	$49,997,489	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$314,661	BOYAmt
EOY	$507,395	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$2,041,892	BOYAmt
EOY	$2,041,892	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$2,356,553	BOYAmt
EOY	$2,549,287	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$24,173,508	BOYAmt
EOY	$24,460,217	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$20,058,495	BOYAmt
EOY	$22,987,985	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$44,232,003	BOYAmt
EOY	$47,448,202	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$46,588,556	BOYAmt
EOY	$49,997,489	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$29,957	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$3,186,242	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$3,859,782	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,385,456	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,059,065	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$5,107,540	CurrentTaxYearMinus1YearAmt
Current Tax Year	$3,720,485	CurrentTaxYearAmt
Total	$18,132,328	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$3,859,782	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,385,456	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,059,065	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$5,107,540	CurrentTaxYearMinus1YearAmt
Current Tax Year	$3,720,485	CurrentTaxYearAmt
Total	$18,132,328	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$352,923	SubstantialContributorsTotAmt
Public Support Total170	$17,779,405	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$184,441	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$411,057	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$510,769	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,033,619	CurrentTaxYearMinus1YearAmt
Current Tax Year	$852,255	CurrentTaxYearAmt
Total	$2,992,141	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$21,124,469	TotalSupportAmt
Gross Receipts Rltd Activities	$6,039,534	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.84160	PublicSupportCY170Pct
Public Support PY170	0.80140	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Historic Structure	Yes (X)	HistoricStructureInd
Total Easements	6	TotalEasementsCnt
Historic Structure Easements	6	HistoricStructureEasementsCnt
States Easements Held	1	StatesEasementsHeldCnt
Written Policy Monitoring	0	WrittenPolicyMonitoringInd
Section170h Rqr Stsfd	Yes (1)	Section170hRqrStsfdInd
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Coll Used Scholarly Rsrch	Yes (X)	CollUsedScholarlyRsrchInd
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd
Coll Used Loan Or Exch Prog	Yes (X)	CollUsedLoanOrExchProgInd
Solicited Assets Sale	0	SolicitedAssetsSaleInd
Agent Trustee Etc	0	AgentTrusteeEtcInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$26,147,633	BeginningYearBalanceAmt
Contributions	$2,108,654	ContributionsAmt
Investment Earnings Or Losses	$4,306,800	InvestmentEarningsOrLossesAmt
Other Expenditures	$1,257,500	OtherExpendituresAmt
End Year Balance	$31,305,587	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$19,804,244	BeginningYearBalanceAmt
Contributions	$2,748,677	ContributionsAmt
Investment Earnings Or Losses	$4,072,212	InvestmentEarningsOrLossesAmt
Other Expenditures	$477,500	OtherExpendituresAmt
End Year Balance	$26,147,633	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$21,102,351	BeginningYearBalanceAmt
Contributions	$845,000	ContributionsAmt
Investment Earnings Or Losses	-$1,217,797	InvestmentEarningsOrLossesAmt
Other Expenditures	$925,310	OtherExpendituresAmt
End Year Balance	$19,804,244	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$17,985,119	BeginningYearBalanceAmt
Contributions	$863,740	ContributionsAmt
Investment Earnings Or Losses	$2,851,492	InvestmentEarningsOrLossesAmt
Other Expenditures	$598,000	OtherExpendituresAmt
End Year Balance	$21,102,351	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$12,457,283	BeginningYearBalanceAmt
Contributions	$5,465,728	ContributionsAmt
Investment Earnings Or Losses	$845,215	InvestmentEarningsOrLossesAmt
Other Expenditures	$783,107	OtherExpendituresAmt
End Year Balance	$17,985,119	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.35640	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.64360	PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated Org	0	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$25,033,418	OtherCostOrOtherBasisAmt
Depreciation	$11,612,307	DepreciationAmt
Book Value	$13,421,111	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,171,482	OtherCostOrOtherBasisAmt
Depreciation	$1,003,930	DepreciationAmt
Book Value	$167,552	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$3,459,073	OtherCostOrOtherBasisAmt
Depreciation	$2,502,554	DepreciationAmt
Book Value	$956,519	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$14,545,182	TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt	$8,881,136	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$3,186,242	NetUnrealizedGainsInvstAmt
Other Revenue	$393,082	OtherRevenueAmt
Revenue Not Reported	$3,579,324	RevenueNotReportedAmt
Revenue Subtotal	$5,301,812	RevenueSubtotalAmt
Investment Expenses Not Incld	$31,297	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	$2,274	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$33,571	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$5,335,383	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$5,664,937	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$393,082	OtherExpensesIncludedAmt
Expenses Not Reported	$393,082	ExpensesNotReportedAmt
Expenses Subtotal	$5,271,855	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$31,297	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	$2,274	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$33,571	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$5,305,426	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART II, LINE 9:	HISTORIC PRESERVATION OF QUAKER MEETING HOUSE, GREATER LIGHT, 1800 HOUSE, MACY WHAREHOUSE, OLD GOAL AND FIRE HOSE CART - IT IS THE PURPOSE OF THESE RESTRICTIONS TO ASSURE THAT THE EXTERIOR, ARCHITECTURAL, HISTORIC, AND CULTURAL FEATURES OF THE BUILDINGS WILL BE RETAINED AND MAINTAINED FOREVER, SUBSTANTIALLY IN THEIR CURRENT CONDITION FOR CONSERVATION AND PRESERVATION PURPOSES AND, TO PREVENT ANY CHANGES TO THE EXTERIOR OF THE BUILDINGS THAT WILL SIGNIFICANTLY IMPAIR OR INTERFERE WITH THE BUILDINGS' PRESERVATION. RESTRICTIONS, THE TERM "EXTERIOR" REFERS TO ALL ABOVE VERTICAL, HORIZONTAL AND SLOPING SURFACES COMPRISING THE EXTERNAL ENVELOPE OF THE BUILDING INCLUDING THE WALLS, ROOFS, ROOF PENETRATIONS, WINDOWS, DOORS, AND MISCELLANEOUS ARCHITECTURAL DETAILS AND COLOR SCHEMES. THERE IS NO FINANCIAL STATEMENT REPORTING FOR THESE EASEMENTS.
PART III, LINE 1A:	AS ALLOWED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA AND FOLLOWING THE PRACTICES OF MANY MUSEUMS, THE ASSOCIATION HAS NOT CAPITALIZED ITS COLLECTION OF ITEMS OF HISTORICAL NATURE AND OTHER RELATED OBJECTS PURCHASED OR DONATED. THE COLLECTION IS HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FINANCIAL GAIN. THE ASSOCIATION CONTINUALLY REVIEWS ITS COLLECTION AND MAY DEACCESS OR ACQUIRE ADDITIONAL ITEMS. EXPENDITURES FOR ADDITIONAL COLLECTION ITEMS ARE PRESENTED AS A REDUCTION IN THE APPROPRIATE CLASS OF NET ASSETS. PROCEEDS FROM DEACCESSIONS ARE REFLECTED AS INCREASES IN UNRESTRICTED NET ASSETS.
PART III, LINE 4:	NANTUCKET HISTORICAL HAS AN EXTENSIVE COLLECTION OF NANTUCKET ARTIFACTS ABOUT THE ISLAND AND IT'S HISTORY. THERE IS A PERMANENT COLLECTION AS WELL AS TRAVELING EXHIBITIONS THAT CHANGE ANNUALLY.
PART V, LINE 4:	THE ASSOCIATION'S ENDOWMENT CONSISTS OF INDIVIDUAL DONOR RESTRICTED FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT INCLUDES BOTH DONOR RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE ASSOCIATION TO FUNCTION AS ENDOWMENTS. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED OR LEGAL RESTRICTIONS. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, THE ASSOCIATION CLASSIFIES AS DONOR RESTRICTED NET ASSETS (A) THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT, (B) THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE PERMANENT ENDOWMENT, AND (C) ACCUMULATIONS TO THE PERMANENT ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT INSTRUMENT AT THE TIME THE ACCUMULATION IS ADDED TO THE FUND. THE REMAINING PORTION OF THE DONOR-RESTRICTED ENDOWMENT FUND THAT IS NOT CLASSIFIED AS NON-EXPENDABLE NET ASSETS IS CLASSIFIED AS EXPENDABLE NET ASSETS UNTIL THOSE AMOUNTS ARE APPROPRIATED FOR EXPENDITURE BY THE ASSOCIATION IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY STATE LAW. IN ACCORDANCE WITH THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT, THE ASSOCIATION MAY CONSIDER THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATE DONOR-RESTRICTED ENDOWMENT FUNDS: THE DURATION AND PRESERVATION OF THE FUND; THE PURPOSES OF THE ASSOCIATION AND THE DONOR-RESTRICTED ENDOWMENT FUND; GENERAL ECONOMIC CONDITIONS; THE POSSIBLE EFFECT OF INFLATION AND DEFLATION; THE EXPECTED TOTAL RETURN FROM INCOME AND THE APPRECIATION OF INVESTMENTS; OTHER RESOURCES OF THE ASSOCIATION; AND THE INVESTMENT POLICIES OF THE ASSOCIATION. THE ASSOCIATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ITS BOARD-DESIGNATED AND OTHER ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING FOR ITS PROGRAMS WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. UNDER THIS POLICY, AS APPROVED BY THE BOARD, THE ENDOWMENT ASSETS ARE INVESTED IN A PORTFOLIO OF DEBT AND EQUITY SECURITIES WITH THE OBJECTIVE OF ACHIEVING LONG-TERM CAPITAL APPRECIATION WHILE MODERATING THE LEVEL OF INVESTMENT RISK. ACTUAL RETURNS IN ANY GIVEN YEAR MAY VARY FROM THIS AMOUNT. WHILE ACKNOWLEDGING THE IMPORTANCE OF PRESERVING CAPITAL, THE BOARD OF TRUSTEES ALSO RECOGNIZES THE NECESSITY OF ACCEPTING RISK IF THE FUND IS TO BE ABLE TO MEET ITS LONG-TERM INVESTMENT GOALS. IT IS THE VIEW OF THE BOARD OF TRUSTEES THAT CHOICES MADE WITH RESPECT TO ASSET ALLOCATION, LIQUIDITY AND RISK WILL BE THE MAJOR DETERMINANTS OF INVESTMENT PERFORMANCE. THE COMMITTEE SHALL SEEK TO ENSURE THAT THE RISKS TAKEN ARE APPROPRIATE AND COMMENSURATE WITH THE FUND'S GOALS. THE ASSOCIATION HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR 4.25% OF THE THREE-YEAR AVERAGE FAIR MARKET VALUE OF THE ENDOWMENT CALCULATED AS OF OCTOBER 31 FOR THE THREE YEARS PRECEDING THE YEAR IN WHICH THE DISTRIBUTION IS PLANNED. IN ESTABLISHING THIS POLICY, THE ASSOCIATION CONSIDERED THE LONG-TERM EXPECTED RETURN ON ITS ENDOWMENT. THIS IS CONSISTENT WITH THE ASSOCIATION'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF ITS ENDOWMENT. FROM TIME TO TIME, THE FAIR VALUE OF ASSETS ASSOCIATED WITH INDIVIDUAL DONOR-RESTRICTED ENDOWMENT FUNDS MAY FALL BELOW THE LEVEL THAT THE DONOR IMPOSED RESTRICTIONS REQUIRE THE ASSOCIATION TO RETAIN AS A FUND OF PERPETUAL DURATION. THERE WERE NO SUCH DEFICIENCIES AS OF DECEMBER 31, 2020 AND 2019.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	MUSEUM SHOP EXPENSES 211,866. SPECIAL EVENTS EXPENSES 181,216.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	CAPITAL CAMPAIGN EXPENSES 2,274.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	MUSEUM SHOP EXPENSES 211,866. SPECIAL EVENTS EXPENSES 181,216.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	CAPITAL CAMPAIGN EXPENSES 2,274.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	NANTUCKET BY DESIGN	Event1Nm
Gross Receipts Event1	$538,526	GrossReceiptsEvent1Amt
Charitable Contri Event1	$434,626	CharitableContriEvent1Amt
Gross Revenue Event1	$103,900	GrossRevenueEvent1Amt
Non Cash Prizes Event1	$27,400	NonCashPrizesEvent1Amt
Other Direct Expenses Event1	$45,771	OtherDirectExpensesEvent1Amt
Event2	FESTIVAL OF TREES	Event2Nm
Gross Receipts Event2	$67,444	GrossReceiptsEvent2Amt
Charitable Contri Event2	$19,172	CharitableContriEvent2Amt
Gross Revenue Event2	$48,272	GrossRevenueEvent2Amt
Non Cash Prizes Event2	$13,272	NonCashPrizesEvent2Amt
Other Direct Expenses Event2	$2,040	OtherDirectExpensesEvent2Amt
Other Events Total	3	OtherEventsTotalCnt
Gross Receipts Other Events	$74,350	GrossReceiptsOtherEventsAmt
Charitable Contri Other Events	$37,175	CharitableContriOtherEventsAmt
Gross Revenue Other Events	$37,175	GrossRevenueOtherEventsAmt
Non Cash Prizes Other Events	$37,175	NonCashPrizesOtherEventsAmt
Oth Direct Expnss Other Events	$133,405	OthDirectExpnssOtherEventsAmt
Gross Receipts Total	$680,320	GrossReceiptsTotalAmt
Charitable Contributions Tot	$490,973	CharitableContributionsTotAmt
Gross Revenue Total Events	$189,347	GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events	$77,847	NonCashPrizesTotalEventsAmt
Oth Direct Expnss Total Events	$181,216	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$259,063	DirectExpenseSummaryEventsAmt
Net Income Summary	-$69,716	NetIncomeSummaryAmt

Field	Value	IRS element (for citing)
States Where Gaming Conducted	MA	StatesWhereGamingConductedCd
Licensed	Yes (1)	LicensedInd
License Suspended Etc	0	LicenseSuspendedEtcInd
Gaming With Nonmembers	0	GamingWithNonmembersInd
Member Of Other Entity	0	MemberOfOtherEntityInd
Cntrct With3rd Prty For Game Rev	0	CntrctWith3rdPrtyForGameRevInd
Charitable Distribution Rqr	0	CharitableDistributionRqrInd

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Written Policy Ref T And E Expnss	Yes (1)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	0	SubstantiationRequiredInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	0	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JAMES RUSSELL
FORMER EXECUTIVE DIRECTOR	$175,100	$0	$20,000	$0	$0	$0	$5,271	$0	$1,440	$0	$201,811	$0	$0	$0
JOHANNA RICHARD
EXECUTIVE DIRECTOR	$140,389	$0	$10,000	$0	$0	$0	$4,211	$0	$24,515	$0	$179,115	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 1A	FormAndLineReferenceDesc
Explanation	THE ASSOCIATION REQUIRES, AS A CONDITION OF EMPLOYMENT, THAT THE DIRECTOR RESIDE IN ONE OF THE ASSOCIATION'S PROPERTIES SO THAT THE DIRECTOR CAN USE THE HOME TO HOLD MEETINGS AND OTHER FUNCTIONS FOR THE CONVENIENCE OF THE ASSOCIATION AND THE FURTHERANCE OF HIS DUTIES. THE ASSOCIATION AGREES THAT SUCH HOUSING MUST BE SUFFICIENT TO ACCOMMODATE THE DIRECTOR AND SPOUSE, IT BEING THE INTENTION OF THE PARTIES THAT THE HOUSING SHALL BE OCCUPIED ONLY BY THE DIRECTOR, HIS IMMEDIATE FAMILY AND THEIR SHORT-TERM GUESTS UNLESS OTHERWISE SPECIFICALLY AGREED. THE DIRECTOR AGREES TO BE RESPONSIBLE FOR ALL UTILITY EXPENSES, TELEPHONE AND TRASH REMOVAL IN CONNECTION WITH SUCH HOUSING, AND TO MAKE NO MATERIAL CHANGE TO THE BUILDING WITHOUT THE CONSENT OF THE PRESIDENT OF THE BOARD. THE DIRECTOR ACKNOWLEDGES THAT THE ASSOCIATION ASSUMES NO LIABILITY WITH RESPECT TO THE DIRECTOR'S PERSONAL PROPERTY, WHICH THE DIRECTOR AGREES SHALL BE HIS RESPONSIBILITY TO INSURE. WITHIN 30 DAYS OF THE TERMINATION OF THIS AGREEMENT, THE DIRECTOR SHALL VACATE THE HOUSING, LEAVING IT IN THE SAME CONDITION AS IT WAS AT THE TIME HE COMMENCED THE HOUSING, REASONABLE WEAR AND TEAR EXPECTED.	ExplanationTxt

Schedule M IRS990ScheduleM

Historical Artifacts HistoricalArtifactsGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	38	ContributionCnt
Method Of Determining Revenues	GAAP	MethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Desc	AUCTION ITEMS	Desc
Contribution	0	ContributionCnt
Noncash Contributions Rpt F990	$77,847	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (1)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	0	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 33:	FormAndLineReferenceDesc
Explanation	SCHEDULE M, LINE 33, NO AMOUNT REPORTED IN REVENUE RELATED TO THE CONTRIBUTIONS OF ART AND HISTORICAL ARTIFACTS ON THE ORGANIZATIONS FORM 990, PART VIII, STATEMENT OF REVENUE, LINE 1G OR SCHEDULE M, PART I BECAUSE THE ORGANIZATION DOES NOT CAPITALIZE ITS COLLECTION AS ALLOWED UNDER SFAS 116.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6	THIS CORPORATION HAS MEMBERS THAT ELECT TRUSTEES AND AMEND BY-LAWS,
FORM 990, PART VI, SECTION A, LINE 7A	MEMBERSHIP OF THE ASSOCIATION SHALL CONSIST OF THOSE PERSONS WHO HAVE PAID MEMBERSHIP DUES DURING THE CURRENT FISCAL YEAR AND LIFE MEMBERS. MEMBERSHIP CATEGORIES AND DUES SHALL BE DETERMINED BY THE BOARD OF TRUSTEES. EACH MEMBER IN GOOD STANDING SHALL BE ENTITLED TO ONE VOTE AT ANY REGULAR OR SPECIAL MEETING OF THE ASSOCIATION, WHICH MUST BE CAST IN PERSON.
FORM 990, PART VI, SECTION A, LINE 7B	MEMBERS OF THE ASSOCIATION MAY NOMINATE AND ELECT TRUSTEES, AMEND THE BY-LAWS AND TAKE SUCH OTHER ACTIONS AS ARE LAWFUL AND APPROPRIATE AT THE ANNUAL MEETING OR ANY SPECIAL MEETING. AT THE ANNUAL MEETING, THE COMMITTEE ON TRUSTEES AND GOVERNANCE SHALL NOMINATE CANDIDATES FOR ELECTION AS TRUSTEES BY THE MEMBERSHIP. THE NAMES OF THE PERSONS NOMINATED SHALL HAVE BEEN POSTED AT THE ASSOCIATION'S HEADQUARTERS AND SHALL BE MAILED TO ALL MEMBERS OF THE ASSOCIATION AT THEIR ADDRESS SHOWN ON THE BOOKS OF THE ASSOCIATION AT LEAST FOURTEEN DAYS PRIOR TO THE ANNUAL MEETING. ADDITIONAL NOMINATIONS MAY BE MADE BY ANY MEMBER OF THE ASSOCIATION IN WRITING, DELIVERED TO THE PRINCIPAL OFFICE OF THE ASSOCIATION AT LEAST THIRTY DAYS PRIOR TO THE ANNUAL MEETING, ACCOMPANIED BY THE WRITTEN CONSENT OF THE PROPOSED NOMINEE. NO OTHER NOMINATIONS SHALL BE ACCEPTED EXCEPT AS SET FORTH IN THIS SECTION.
FORM 990, PART VI, SECTION B, LINE 11B	FORM 990 WILL BE CIRCULATED TO THE ENTIRE BOARD OF TRUSTEES FOR REVIEW AND APPROVAL PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12C	THE ASSOCIATION'S CODE IS AT THE FOREFRONT AS THEY REVIEW NEW EMPLOYEES, RECRUIT NEW MEMBERS OF THE BOARD, SELECT SUBCONTRACTORS, AND SUCH. EACH DEPARTMENT HEAD IS COGNIZANT OF THE REQUIRMENT WITHIN THE POLICY AND MONITORS THEIR STAFF. IN ADDITION, EMPLOYEES AND MEMBERS OF THE BOARD SIGN AN ACKNOWLEDGEMENT FORM THAT THEY WILL ADHERE TO THE ASSOCIATION'S CODE OF ETHICS UPON HIRE AND THEN EVERY TWO YEARS.
FORM 990, PART VI, SECTION B, LINE 15	WHEN DETERMINING THE SALARIES FOR TOP MANAGEMENT THE ASSOCIATION USES COMPARABLES FROM SIMILAR INSTITUTIONS WITH RELEVANT POSITIONS TO MAINTAIN APPROPRIATE PAY SCALES.
FORM 990, PART VI, SECTION C, LINE 18	THE TAX RETURN IS AVAILABLE ON THE ORGANIZATION'S WEBSITE
FORM 990, PART VI, SECTION C, LINE 19	THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ASSOCIATION'S ANNUAL REPORT ALSO STATES THAT THE PUBLIC IS WELCOME TO CALL THE ORGANIZATION FOR COPIES OF THESE DOCUMENTS.