2025-08-06T12:50:31-05:00 2024-09-30 263753134 CBIZ ADVISORS LLC 53 STATE STREET 17TH FLOOR BOSTON MA 02109 990 2023-10-01 042104852 PROPRIETORS OF THE BOSTON ATHENAEUM PROP 6172270270 10 12 BEACON STREET BOSTON MA 02110 F JAVIER CEVALLOS TREASURER 6172270270 2025-07-29 1 1 CRAIG KLEIN P00734640 6178075000 2025-07-29 2023 2025-03-06 01:10:19Z LEAH ROSOVSKY 10 1/2 BEACON STREET BOSTON MA 02110 38863080 0 X WWW.BOSTONATHENAEUM.ORG X 1807 MA SEE SCHEDULE O. 18 18 77 100 0 0 5538472 2997595 1549067 1842865 -283611 3845691 159402 358643 6963330 9044794 13250 14750 0 0 4954279 5663860 0 0 1204373 6606750 7479570 11574279 13158180 -4610949 -4113386 128794404 137181343 19209084 18503893 109585320 118677450 X SEE SCHEDULE O. 0 0 3517072 14750 1792423 LIBRARY SERVICES - SEE SCHEDULE O.LIBRARY SERVICES - THE LIBRARY IS THE LARGEST PROGRAMMATIC ACTIVITY OFTHE BOSTON ATHENAEUM, SERVING APPROXIMATELY 5,000 MEMBERS, THEIRFAMILIES, THE SCHOLARLY COMMUNITY, STUDENTS, AND OTHER MEMBERS OF THEPUBLIC. IT IS COMPOSED OF TWO PRINCIPAL DEPARTMENTS: READER SERVICESAND TECHNICAL SERVICES. READER SERVICES AT THE BOSTON ATHENAEUMCOMPRISES THE PUBLIC DEPARTMENTS THAT OFFER LIBRARY SERVICES. THE HEADOF READER SERVICES AND THE ARCHIVIST/REFERENCE LIBRARIAN WORK AT THEREFERENCE DESK; THEY ANSWER HUNDREDS OF MEMBERS AND RESEARCHERS'QUESTIONS AND ASSIST IN THE USE OF CIRCULATING MATERIALS, SPECIALCOLLECTIONS, ELECTRONIC RESOURCES, AND ONLINE RESEARCH. THOUSANDS OFRARE MATERIALS ARE PROVIDED FOR THE 200-300 RESEARCHERS WHO USE THESPECIAL COLLECTIONS READING ROOM EVERY YEAR. THE HEAD OF CIRCULATIONAND THE READER SERVICES ASSISTANT MANAGE ACTIVITY AT THE CIRCULATIONDESK, WHERE ROUGHLY 18,000 ITEMS CIRCULATE EACH YEAR. FIVE INTERNSASSIST AT CIRCULATION AND REFERENCE. THE CHILDREN'S LIBRARIAN HELPSYOUNGER MEMBERS USE THE CHILDREN'S LIBRARY, AND OFFERS PROGRAMSINCLUDING STORY HOURS AND READING GROUPS, DESIGNED SPECIFICALLY FORCHILDREN. NINETEEN DISCUSSION GROUPS AND OVER 150 TOURS OF THE BUILDING ARE ARRANGED BY READER SERVICES EVERY YEAR. THE TECHNICAL SERVICES DEPARTMENT, MANAGED BY THE CHIEF TECHNICAL SERVICES LIBRARIAN, ENCOMPASSES THE FUNCTIONS OF ACQUISITIONS, CATALOGING, SERIALS, CONSERVATION, AND DIGITIZATION. THE UNITS OF ACQUISITIONS, CATALOGING, AND SERIALS INCLUDE, AN ACQUISITIONS LIBRARIAN, A SERIALS LIBRARIAN, THREE RARE MATERIALS CATALOG LIBRARIANS, TWO CATALOGING ASSISTANTS, AND THREE INTERNS. THEY ARE RESPONSIBLE FOR SELECTING, ACQUIRING, ACCESSIONING, INVOICING, CATALOGING, AND PROCESSING APPROXIMATELY 2,700 ADDITIONS TO THE LIBRARY PER YEAR, INCLUDING BOTH NEW IMPRINTS AND RARE HISTORICAL VOLUMES. THE DEPARTMENT ALSO AUGMENTS APPROXIMATELY 3,000 LEGACY CATALOGING RECORDS PER YEAR. 4546599 0 SPECIAL COLLECTIONS - SEE SCHEDULE O.SPECIAL COLLECTIONS - THE SPECIAL COLLECTIONS DEPARTMENT IS COMPOSED OFTHE CURATORS WHO OVERSEE THE ACQUISITION, MAINTENANCE, AND EXHIBITIONOF RARE BOOKS, ARCHIVAL DOCUMENTS, MANUSCRIPTS, MAPS, AND WORKS OF ART.DEPARTMENT STAFF MEMBERS INCLUDE THE CURATOR OF RARE BOOKS ANDMANUSCRIPTS, THE CURATOR OF PAINTINGS AND SCULPTURE, THE ASSOCIATECURATOR OF PAINTINGS AND SCULPTURE, THE ARCHIVIST,AND THE CURATOR OF PRINTS AND PHOTOGRAPHS. THE CURATORS RESEARCHOBJECTS IN THE COLLECTIONS AND DISSEMINATE INFORMATION ABOUT THEM TOTHE SCHOLARLY COMMUNITY AT LARGE AND TO THE PUBLIC THROUGH LECTURES,PUBLICATIONS, AND (IN COOPERATION WITH LIBRARIES, ARCHIVES, AND MUSEUMSAROUND THE COUNTRY) AN ACTIVE LOAN PROGRAM. EACH YEAR, ON SITE, THECURATORS ASSIST HUNDREDS OF ATHENAEUM MEMBERS AND VISITING SCHOLARS INRESEARCHING THE ATHENAEUM'S COLLECTIONS. THE CURATORIAL STAFF MOUNTSTWO OR THREE EXHIBITIONS PER YEAR COVERING A RANGE OF HISTORICAL ANDCONTEMPORARY SUBJECTS. THESE EXHIBITIONS ARE ACCOMPANIED BY GALLERYTALKS, LECTURES, AND SYMPOSIA, ALL OF WHICH ARE OPEN TO THE PUBLIC. 1920318 49903 LECTURES & CONCERTS - SEE SCHEDULE OLECTURES & CONCERTS - THE LECTURES AND CONCERTS PROGRAM INCLUDESAPPROXIMATELY 100 EVENTS EACH YEAR, SUCH AS AUTHOR TALKS, LECTURES,CONCERTS, CHILDREN'S EVENTS, EXHIBITION RECEPTIONS AND MOVIES. EVENTSTAKE PLACE BOTH IN THE EVENING AND DURING THE DAY AND INCLUDE EVENTSTHAT ARE OPEN TO THE GENERAL PUBLIC AS WELL AS EVENTS FOR ATHENAEUMMEMBERS. 611086 539 CONSERVATION - SINCE 1963, THE CONSERVATION LABRATORY HAS BEEN DEDICATED TO THE LONG-TERM PRESERVATION OF THE ATHENAEUM'S HOLDINGS WITH INHERENT HISTORIC ARTISTIC OR LITERARY VALUE. THE CONSERVATION DEPARTMENT INCLUDES THE CHIEF CONSERVATOR AND THE ASSOCIATE CONSERVATOR, AND SEVERAL INTERNS AND FELLOWS. ATHENAEUM CONSERVATORS PERFORM CONSERVATION TREATMENTS ON RARE AND CIRCULATING BOOKS, MAPS, MANUSCRIPTS, PRINTS, ARCHITECTURAL DRAWINGS, BROADSIDES, AND PAMPHLETS, AND FOLLOW PREVENTIVE CONSERVATION PROTOCOLS. DIGITAL PROGRAMS - THE DIGITAL PROGRAMS DEPARTMENT IS DEDICATED TO THE ENHANCEMENT OF SCHOLARLY ACCESS TO THE COLLECTIONS THROUGH DIGITIZATION. THE HEAD OF DIGITAL PROGRAMS AND TWO INTERNS SCAN COLLECTION MATERIALS IN THE IMAGING STUDIO AND CREATE ONLINE RECORDS CONTAINING DIGITAL SURROGATES WITH THEIR CORRESPONDING METADATA. THESE EFFORTS ENSURE THAT ATHENAEUM COLLECTIONS ARE AVAILABLE FREELY ONLINE TO SCHOLARS, RESEARCHERS, STUDENTS, AND TO ANYONE IN THE WORLD WITH AN INTERNET CONNECTION. 611086 539 10595075 1 1 0 0 0 0 0 1 0 1 1 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 64 0 1 77 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X X CHRISTOPHER J BOUDROT 6177207642 10 1/2 BEACON ST BOSTON MA 02108 TIMOTHY W DIGGINS PRESIDENT 2.00 2.00 X X 0 0 0 SUSAN B WEATHERBIE VICE PRESIDENT 2.00 2.00 X X 0 0 0 MELISSA FETTER VICE PRESIDENT 2.00 2.00 X X 0 0 0 JAVIER CEVALLOS TREASURER 2.00 2.00 X X 0 0 0 ARTHUR B PAGE SECRETARY 2.00 2.00 X X 0 0 0 EARL M COLLIER JR TRUSTEE 2.00 2.00 X 0 0 0 MICHAEL EWALD TRUSTEE 2.00 0.00 X 0 0 0 JOHN S REED TRUSTEE 2.00 0.00 X 0 0 0 AIMEE VINCENT JAMISON TRUSTEE (UNTIL 3/25/24) 2.00 0.00 X 0 0 0 ROGER HAYNES TRUSTEE 2.00 2.00 X 0 0 0 TIMOTHY CODRINGTON TRUSTEE 2.00 0.00 X 0 0 0 PERRIN GRAYSON TRUSTEE 2.00 0.00 X 0 0 0 SARAH PERRY TRUSTEE 2.00 0.00 X 0 0 0 NANCY MAULL TRUSTEE 2.00 0.00 X 0 0 0 AMY RYAN TRUSTEE 2.00 2.00 X 0 0 0 CREELEA HENDERSON PANGARO TRUSTEE 2.00 2.00 X 0 0 0 CATHERINE POWELL TRUSTEE 2.00 0.00 X 0 0 0 AUSTIN V SHAPARD TRUSTEE 2.00 2.00 X 0 0 0 WINSTON LANGLEY TRUSTEE 2.00 0.00 X 0 0 0 CHRISTOPHER BOUDROT DIRECTOR OF FINANCE 35.00 2.00 X 167341 0 43058 LEAH ROSOVSKY DIRECTOR 35.00 2.00 X 352724 0 30048 JOHN BUCHTEL CURATOR, RARE BOOKS/SPEC. COLLECTIONS 35.00 0.00 X 157209 0 42901 GREGORY MORRIS DIRECTOR OF FACILITIES & SECURITY 35.00 0.00 X 129217 0 13940 BRIDGET KEANE DIRECTOR OF DEVELOPMENT 35.00 0.00 X 223069 0 50169 ANDRIA LAURIA I.T. MANAGER 35.00 0.00 X 107936 0 19806 JACQUELINE CHAMBERS MAJOR GIFT OFFICER 35.00 0.00 X 106654 0 29261 1244150 0 229183 7 0 1 0 CONSIGLI CONSTRUCTION 313 CONGRESS ST BOSTON MA 02210 CONSTRUCTION & BUILDING AUTOMATION 2103696 THE CATERED AFFAIR 70 LEDGEWOOD PLACE ROCKLAND MA 02370 EVENT CATERING 264452 TG GALLAGHER MECHANICAL CONTRACTORS 309 WAVERLY OAKS ROAD SUITE 200 WALTHAM MA 02452 HVAC 242993 DENTERLEIN 3 POST OFFICE SQUARE SUITE 701 BOSTON MA 02109 PUBLIC RELATIONS CONSULTING 121000 ONE DIVERSIFIED 2975 NORTHWOODS PKWY PEACHTREE CORNERS GA 30071 TECHNOLOGY IMPLEMENTATION 116473 6 54759 2942836 388485 2997595 FEES FOR LIBRARY USE 713990 1617576 1617576 LECTURES, CONCERTS & EXHIBITIONS 713990 49903 49903 PHOTOGRAPHIC SERVICES 713990 539 539 174847 174847 1842865 2044882 2044882 352564 0 352564 352564 352564 31615567 29814758 1800809 1800809 1800809 9607 3528 6079 6079 9044794 1842865 0 4204334 5000 5000 9750 9750 649190 165002 339812 144376 3890585 3006054 319077 565454 225843 179871 14071 31901 586421 433359 58120 94942 311821 235514 28623 47684 12463 12463 60375 60375 134085 134085 575620 263831 212797 98992 33580 33580 112005 76563 16050 19392 422858 326888 14553 81417 2619316 2549705 48781 20830 52159 37777 14072 310 1704407 1668615 22157 13635 158348 124277 33293 778 COLLECTIONS AQUISITIONS 896736 896736 EVENT PROGRAMMING 356857 291819 4197 60841 ART EXHIBITIONS 182873 182873 PRINTING & PUBLICATIONS 54219 34618 3136 16465 103669 73243 23070 7356 13158180 10595075 1358732 1204373 1095584 590456 5313534 4534915 495254 432911 58533943 22235915 37829227 36298028 52041767 58275807 15775166 21600428 16243872 15448798 128794404 137181343 987205 731787 765876 937225 17456003 16834881 19209084 18503893 X 67941434 70222887 41643886 48454563 109585320 118677450 128794404 137181343 -4113386 13205516 0 X 0 1 X 1 0 X 2910965 4052846 2503329 5538472 2997595 18003207 2910965 4052846 2503329 5538472 2997595 18003207 3868503 14134704 1574321 826827 751086 2175690 2397446 7725370 729 2610 3175 4338 9607 20459 25749036 7107178 0.54890 0.51290 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 72421394 713406 17044581 6066730 84112651 66890422 2853677 10024523 7347228 72421394 92938942 60498 -17807086 8301932 66890422 92040764 30118 17053876 16185816 92938942 89920850 14374 6998012 4892472 92040764 0.43500 0.35360 0.21140 1 1 1 199303 199303 55150527 20746816 34403711 3184113 1489099 1695014 36298028 PARTNERSHIPS - EQUITY FUNDS 21600428 F 21600428 RIGHT-OF-USE ASSETS 14433608 OTHER ASSETS 235568 BENEFICIAL INTEREST IN PERPETUAL TRUST 779622 15448798 LEASE LIABILITY 16834881 16834881 X 22116225 13205516 13205516 8910709 134085 134085 9044794 13024095 0 13024095 134085 134085 13158180 PART III, LINE 1A: THE COLLECTIONS WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE ATHENAEUM'S INCEPTION ARE NOT RECOGNIZED AS ASSETS ON THE CONSOLIDATED STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED AND AS RELEASES OF RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS WERE USED TO FUND THE PURCHASE. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED AS REVENUE IN THE CONSOLIDATED FINANCIAL STATEMENTS. PROCEEDS FROM DE-ACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN NET ASSETS. THE ATHENAEUM'S COLLECTIONS ARE MADE UP OF BOOKS, ARTIFACTS OF HISTORICAL SIGNIFICANCE AND ART OBJECTS THAT ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ACCESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. PART III, LINE 4: THE ATHENAEUM'S COLLECTIONS COMPRISE OVER HALF A MILLION VOLUMES, EXTENSIVE HOLDINGS OF PAINTINGS, SCULPTURES, PRINTS, AND PHOTOGRAPHS. PARTICULAR STRENGTHS ARE IN BOSTON HISTORY, NEW ENGLAND STATE AND LOCAL HISTORY, BIOGRAPHY, ENGLISH AND AMERICAN LITERATURE, AND THE FINE AND DECORATIVE ARTS. THE ATHENAEUM SUPPORTS A DYNAMIC EXHIBITION PROGRAM AND SPONSORS A LIVELY VARIETY OF EVENTS SUCH AS LECTURES AND CONCERTS. IT ALSO SERVES AS A STIMULATING CENTER FOR DISCUSSIONS AMONG SCHOLARS, BIBLIOPHILES, AND A VARIETY OF COMMUNITY-INTEREST GROUPS. PART V, LINE 4: THE ATHENAEUM'S ENDOWMENT CONSISTS OF 500 ENDOWMENT FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD TO FUNCTION AS ENDOWMENTS. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED OR LEGAL RESTRICTIONS. THE BOARD HAS INTERPRETED THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT ("UPMIFA") AS ENACTED IN MASSACHUSETTS AS REQUIRING THE TRACKING OF THE ORIGINAL GIFT AMOUNTS OF DONOR-RESTRICTED ENDOWMENT FUNDS ABSENT EXPLICIT DONOR STIPULATIONS TO THE CONTRARY. THE ATHENAEUM TRACKS IN PERPETUITY: (A) THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT, (B) THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE PERMANENT ENDOWMENT AND (C) ANY ACCUMULATIONS TO THE PERMANENT ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT AND INSTRUMENT AT THE TIME THE ACCUMULATION IS ADDED TO THE FUND, AS APPLICABLE. PART X, LINE 2: THE ATHENAEUM ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. THE ATHENAEUM HAS IDENTIFIED ITS TAX STATUS AS A TAX EXEMPT ENTITY AND ITS TREATMENT OF INCOME AS RELATED OR UNRELATED AS ITS ONLY SIGNIFICANT TAX POSITIONS; HOWEVER, THE ATHENAEUM HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE ATHENAEUM IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTIONS. THE ATHENAEUM'S FEDERAL AND STATE TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. 1 RESEARCH FELLOWSHIPS 8 9750 PART I, LINE 2: SHORT-TERM RESEARCH FELLOWSHIPS, THE RESEACHERS WORK CLOSELY WITH THE REFERENCE LIBRARIANS AND AT THE END OF THEIR TERM PROVIDE A TALK TO THE ATHENAEUM COMMUNITY ON THEIR RESEARCH CONDUCTED AT THE ATHENAEUM. X X X X 0 0 0 0 0 0 0 0 0 LEAH ROSOVSKY DIRECTOR 348152 0 0 0 4572 0 28284 0 1764 0 382772 0 0 0 BRIDGET KEANE DIRECTOR OF DEVELOPMENT 222241 0 0 0 828 0 18917 0 31252 0 273238 0 0 0 CHRISTOPHER BOUDROT DIRECTOR OF FINANCE 166534 0 0 0 807 0 13947 0 29111 0 210399 0 0 0 JOHN BUCHTEL CURATOR, RARE BOOKS/SPEC. COLLECTION 156428 0 0 0 781 0 13323 0 29578 0 200110 0 0 0 X 84 0 UNRECORDED FOR GAAP X 14 388485 FMV 1 0 1 0 PART I, COLUMN (B): THE NUMBER LISTED IN PART I, LINE 2, COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART I & III, LINE 1: THE MISSION OF THE BOSTON ATHENAEUM IS TO ENGAGE ALL WHO SEEK KNOWLEDGE BY MAKING ACCESSIBLE OUR LIBRARY'S COLLECTIONS AND SPACES, THEREBY INSPIRING REFLECTION, DISCOURSE, CREATIVE EXPRESSION, AND JOY. FORM 990, PART VI, SECTION A, LINE 6 PLEASE REFER TO THE RESPONSE TO FORM 990, PART VI, SECTION A, LINE 7A BELOW. FORM 990, PART VI, SECTION A, LINE 7A THE BOSTON ATHENAEUM WAS INCORPORATED AS A SHAREHOLDER ORGANIZATION BY THE MASSACHUSETTS GENERAL COURT (THE STATE LEGISLATURE) IN 1807. ATHENAEUM SHAREHOLDERS ARE TERMED "PROPRIETORS." THE GENERAL COURT HAS AUTHORIZED 1,049 ATHENAEUM PROPRIETORS. THESE PROPRIETORS' SOLE FUNCTION IS TO ELECT THE OFFICERS AND GOVERNING BOARD OF THE ATHENAEUM. PROPRIETOR SHARES MAY BE BOUGHT OR SOLD, GIVEN OR BEQUEATHED. THE PROPRIETORS THEMSELVES HAVE NO CLAIM ON THE NET ASSETS OF THE ATHENAEUM, NOR DO THEY RECEIVE ANY PERSONAL FINANCIAL BENEFIT RESULTING FROM THEIR HOLDING OF THE PROPRIETORSHIP. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING FORM 990, A SPECIAL MEETING OF THE AUDIT & RISK COMMITTEE, WHO IS DELEGATED AUTHORITY TO APPROVE THE RETURN, WAS HELD. THE RETURN WAS PRESENTED BY THE DIRECTOR OF FINANCE, WHO WAS AVAILABLE TO ANSWER QUESTIONS AND TO CERTIFY THE ACCURACY OF INFORMATION PROVIDED ON THE RETURN. THE COMMITTEE VOTED TO APPROVE THE RETURN BASED ON EXAMINATION OF THE RETURN AND CERTIFICATIONS MADE BY THE DIRECTOR OF FINANCE. A COMPLETE COPY OF THE FORM 990 WAS PROVIDED TO THE ENTIRE BOARD VIA EMAIL, PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MAINTAINS A WRITTEN CONFLICTS-OF-INTEREST POLICY. THE POLICY REQUIRES OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES TO COMPLETE AN ANNUAL CONFLICTS-OF-INTEREST DISCLOSURE STATEMENT. THE STATEMENTS ARE DISCUSSED AND CONSIDERED PER THE POLICY AT A MEETING OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 EACH YEAR THE TRUSTEES EVALUATE THE COMPENSATION OF THE EXECUTIVE DIRECTOR OBJECTIVELY, TAKING INTO ACCOUNT COMPENSATION PAID BY SIMILAR ORGANIZATIONS FOR FUNCTIONALLY COMPARABLE POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ATHENAEUM WAS INCORPORATED IN 1807. UPON THE ENACTMENT OF THE FEDERAL INCOME TAX IN THE 20TH CENTURY, THE IRS DETERMINED THAT THE ATHENAEUM WAS EXEMPT FROM TAXATION. THIS IRS DETERMINATION OCCURRED PRIOR TO THE ESTABLISHMENT OF THE APPLICATION PROCESS THAT INCLUDES FORM 1023. CONSEQUENTLY NO FORM 1023 HAS BEEN REQUIRED BY THE IRS OR PREPARED BY THE ATHENAEUM. THE ATHENAEUM'S BYLAWS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE FOR REVIEW UPON REQUEST. THE COMPLETE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE ATHENAEUM'S WEBSITE: HTTP://WWW.BOSTONATHENAEUM.ORG. THE FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE ALSO AVAILABLE VIA THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. THE BOSTON LIBRARY SOCIETY 10 1/2 BEACON STREET BOSTON MA 02108 041105450 ORGANIZATION THAT ALLOCATES FUNDS TO THE BOSTON ATHENAEUM MA 501(C)(3) LINE 12A, I PROPRIETORS OF THE BOSTON ATHENAEUM 1 CHARITABLE REMAINDER TRUST 10 1/2 BEACON STREET BOSTON MA 02108 046607942 CHARITABLE REMAINDER TRUST MA N/A T 1.00000 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 THE BOSTON LIBRARY SOCIETY C 54759 BOOK VALUE