2021-11-15T08:06:31-06:00 2021-06-30 231980475 KREISCHER MILLER 100 WITMER ROAD SUITE 350 HORSHAM PA 190442369 990 2020-07-01 231417519 AMERICAN SWEDISH HISTORICAL FOUNDATION AMER 2153891776 1900 PATTISON AVENUE PHILADELPHIA PA 19145 TRACEY RAE BECK EXECUTIVE DIRECTOR 2153891776 2021-11-12 1 TRACEY RAE BECK 999009999 CHRISTOPHER M PEKULA P00734965 2154414600 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z AMERICAN SWEDISH HISTORICAL MUSEUM TRACEY RAE BECK 1900 PATTISON AVENUE PHILADELPHIA PA 19145 957905 0 X AMERICANSWEDISH.ORG X 1926 PA SEE SCHEDULE O 20 20 15 100 0 0 468199 454904 39058 41664 87907 138716 129812 59660 724976 694944 0 0 0 0 350896 334431 0 0 79142 368896 350102 719792 684533 5184 10411 3270623 3668062 342024 356694 2928599 3311368 X THE AMERICAN SWEDISH HISTORICAL MUSEUM WELCOMES ALL PEOPLE TO EXPLORE CULTURAL IDENTITY THROUGH THE STORY OF SWEDES AND SCANDINAVIANS IN AMERICA. THE ASHM IS A COMMUNITY DEDICATED TO PRESERVING AND INTERPRETING MATERIAL CULTURE, AND IS ALIVE WITH CELEBRATIONS, EXHIBITIONS, AND LEARNING EXPERIENCES. 0 0 174126 6433 CURATORIAL AND EXHIBITIONS: PRESERVED AND DISPLAYED THE OLDEST COLLECTION OF ART AND ARTIFACTS WHICH REPRESENT THE CONTRIBUTIONS OF SWEDES AND OTHER SCANDINAVIANS IN AMERICA. PRESENTED 3 TEMPORARY EXHIBITIONS WHICH EXPLORED SCANDINAVIAN CULTURE THROUGH THE LENSES OF ART AND HISTORY. PARTICIPATED IN THE 2021 PHILADELPHIA FLOWER SHOW--DISPLAYED BOTANICAL JEWELRY, PHOTOGRAPHY AND PRESSED PLANTS. ADDED A YOUTUBE CHANNEL WITH VIDEO TOURS OF ASHM EXHIBITIONS. 182716 30860 EDUCATIONAL PROGRAMS: PRESENTED 43 PUBLIC PROGRAMS AND EVENTS WHICH INTERPRET SCANDINAVIAN AND SCANDINAVIAN AMERICAN HISTORY, CULTURE, SCIENCE, MUSIC AND ART. MOST (32) OF THESE PROGRAMS WERE VIRTUAL AND WERE AVAILABLE TO PARTICIPANTS AROUND THE COUNTRY. PRESENTED A VIRTUAL CONFERENCE ABOUT 17TH CENTURY COLONIAL ARCHITECTURE. TAUGHT SWEDISH LANGUAGE CLASSES. OFFERED LIBRARY PROGRAMS OVER ZOOM. PARTICIPATED IN THE PHILADELPHIA PLAYSTREETS PROGRAMMING OFFERING SUMMER EDUCATIONAL EXPERIENCES TO CHILDREN IN THEIR OWN NEIGHBORHOODS. 356842 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 3 0 1 15 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 1 1 1 0 1 0 1 1 1 1 1 1 1 1 1 1 0 PA X X TRACEY RAE BECK EXECUTIVE DIRECTOR 2153891776 1900 PATTISON AVENUE PHILADELPHIA PA 19145 TRACEY RAE BECK EXECUTIVE DIRECTOR 40.00 X X 101300 0 19028 KARIN KORNAGA MIDSOMMARKLUBBEN PRES. 1.00 X 0 0 0 DAWN GOULD AUXILIARY PRESIDENT 1.00 X 0 0 0 EARL SEPPALA VICE CHAIR 1.00 X X 0 0 0 THOMAS NILSSON BOARD MEMBER 1.00 X 0 0 0 ABBY SHAW BOARD MEMBER 1.00 X 0 0 0 JULIE JURASH SECRETARY 1.00 X X 0 0 0 ERIK D MUTHER BOARD MEMBER 1.00 X 0 0 0 KRISTINA O'DOHERTY BOARD MEMBER 1.00 X 0 0 0 WILLIAM EATON TREASURER 1.00 X X 0 0 0 MONICA KRUSE BOARD MEMBER 1.00 X 0 0 0 JAMES ROEBUCK JR VICE CHAIR 1.00 X X 0 0 0 PER BLOMQUIST BOARD MEMBER 1.00 X 0 0 0 SOPHIA BONDE BOARD MEMBER 1.00 X 0 0 0 FANNY WARREN CHAIR 1.00 X X 0 0 0 JORGEN FLOOD BOARD MEMBER 1.00 X 0 0 0 MATTHEW LUND BOARD MEMBER 1.00 X 0 0 0 MARY WAGNER BOARD MEMBER 1.00 X 0 0 0 ANNA-LENA BROMBERG BOARD MEMBER 1.00 X 0 0 0 ULF AKERBLOM BOARD MEMBER 1.00 X 0 0 0 JOHN FOSTER BOARD MEMBER 1.00 X 0 0 0 101300 0 19028 1 0 0 0 0 36710 14250 81000 322944 29390 454904 EDUCATIONAL PROGRAMS 900099 18994 18994 PROGRAM REVENUE 900099 16237 16237 ADMISSIONS 900099 6433 6433 41664 67848 67848 55326 71386 -16060 -16060 -16060 211169 140301 70868 70868 70868 35539 14250 3505 32034 32034 91455 47769 43686 43686 694944 41664 0 198376 120328 30082 54148 36098 169680 75257 76982 17441 3409 1514 1516 379 18526 11343 6716 467 22488 9669 9220 3599 26594 26594 21108 9077 8654 3377 12678 5451 5198 2029 26986 9294 15191 2501 26690 12668 10518 3504 180 78 74 28 127785 102228 19168 6389 19046 15237 2857 952 EXHIBITS 38365 38365 PROGRAMS 25401 25401 NEWSLETTER 10112 4349 4146 1617 SECURITY 7182 5746 1077 359 7975 1083 6490 402 684533 356842 248549 79142 2277 3889 129613 199122 50000 2536 39132 30074 10995 7463 3286902 2066464 1308303 1220438 1718810 2196374 11493 8166 3270623 3668062 35012 105372 232012 251322 75000 0 342024 356694 X 2192579 2439115 736020 872253 2928599 3311368 3270623 3668062 10411 372358 0 X X 1 X 0 1 0 X 412354 413043 359457 468199 454904 2107957 194000 194000 214000 214000 214000 1030000 606354 607043 573457 682199 668904 3137957 585994 2551963 167113 140779 247956 165988 123174 845010 8224 8224 3991191 886123 0.63940 0.58830 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 736020 139535 193368 196670 872253 637275 232595 15752 149602 736020 637658 139230 31062 170675 637275 626509 155547 22902 167300 637658 579908 145047 49906 148352 626509 0.00000 0.85710 0.14290 0 0 3204125 2002067 1202058 82777 64397 18380 1220438 X 1403963 372358 214000 122661 709019 694944 0 694944 1021194 214000 122661 336661 684533 0 684533 PART III, LINE 1A: THE MUSEUM DOES NOT CAPITALIZE DONATED WORKS OF ART OR ARTIFACTS OR RECOGNIZE THEM AS REVENUES OR GAINS. FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 958-605, REVENUE RECOGNITION, PROVIDES THAT SUCH DONATIONS NEED NOT BE RECOGNIZED IF THEY ARE ADDED TO COLLECTIONS THAT ARE HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FINANCIAL GAIN; ARE PROTECTED, KEPT UNENCUMBERED, CARED FOR, AND PRESERVED; AND ARE SUBJECT TO A POLICY THAT REQUIRES THE PROCEEDS FROM SALES OF COLLECTION ITEMS TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. PART III, LINE 4: THE ASHM ACTIVELY COLLECTS OBJECTS RELEVANT TO ITS MISSION AND GOALS. EVERY OBJECT IN THE PERMANENT COLLECTION, AND EVERY OBJECT CONSIDERED FOR ACQUISITION FOR THE PERMANENT COLLECTION, SHOULD SUPPORT THE GOALS OF THE ASHM TO CREATE AN AWARENESS AND UNDERSTANDING OF THE CONTRIBUTIONS OF SWEDES AND SCANDINAVIANS IN AMERICA, AND TO PRESERVE, EXHIBIT, OR INTERPRET THE HISTORY AND CURRENT CONTRIBUTIONS OF SCANDINAVIANS FOR THE BENEFIT OF THE PUBLIC. PART V, LINE 4: THE ASHM'S INVESTMENT OBJECTIVE IS TO ACHIEVE STABLE LONG-TERM GROWTH WHILE PROVIDING STEADY INCOME FROM ITS INVESTMENT PORTFOLIO; TO PROVIDE ONGOING SUPPORT FOR OPERATIONAL COSTS OF THE MUSEUM; AND TO PROVIDE A SOURCE FOR FUNDING OF CAPITAL PROJECTS AND INITIATIVES AS REQUESTED BY THE ASHM BOARD. THE MUSEUM ANNUALLY RECEIVES GENERAL CONTRIBUTIONS AND CONTRIBUTIONS RESTRICTED TO SPECIFIC PURPOSES, LIKE SALARIES, BUILDING IMPROVEMENTS, AND LIBRARY MATERIALS. MOST OF THESE RESTRICTIONS ARE FULFILLED QUICKLY. THE MUSEUM ALSO MAINTAINS A PERMANENTLY RESTRICTED ENDOWMENT, A PERCENTAGE OF WHICH SUPPORTS OPERATIONS AND CAPITAL PROJECTS EACH YEAR, AS THE BOARD DETERMINES AS NECESSARY OR THE RESTRICTION INDICATES. PART X, LINE 2: THE MUSEUM IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AS DESCRIBED IN SECTION 509(A)(2) OF THE IRC AND SIMILAR STATE STATUTES; THEREFORE, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. FOR THE YEAR ENDED JUNE 30, 2021, THE MUSEUM DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN, WHICH WOULD REQUIRE ADJUSTMENT OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 71,387. COST OF GOOD SOLD 47,769. FUNDRAISING EXPENSES 3,505. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 71,387. COST OF GOODS SOLD 47,769. FUNDRAISING EXPENSES 3,505. X X X X X X PA SPRING TING 29473 14250 15223 839 MIDSOMMARFEST 6096 6096 238 14220 14220 2428 49789 14250 35539 3505 3505 32034 X 1 0 SEE PART II X 5000 FAIR MARKET VALUE X 1 24390 FAIR MARKET VALUE X 1 0 SEE PART II 0 1 0 PART I, LINE 33: THE MUSEUM DOES NOT CAPITALIZE DONATED WORKS OF ART OR ARTIFACTS OR RECOGNIZE THEM AS REVENUES OR GAINS. FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 958-605, REVENUE RECOGNITION, PROVIDES THAT SUCH DONATIONS NEED NOT BE RECOGNIZED IF THEY ARE ADDED TO COLLECTIONS THAT ARE HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FINANCIAL GAIN; ARE PROTECTED, KEPT UNENCUMBERED, CARED FOR, AND PRESERVED; AND ARE SUBJECT TO A POLICY THAT REQUIRES THE PROCEEDS FROM SALES OF COLLECTION ITEMS TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. SCHEDULE M, PART I: CONTRIBUTIONS IN THIS PART WERE TOTALED BY NUMBER OF ITEMS CONTRIBUTED, NOT BY NUMBER OF CONTRIBUTORS. FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE AMERICAN SWEDISH HISTORICAL MUSEUM IS AN ORGANIZATION DEDICATED TO SHARING SWEDISH AND SCANDINAVIAN CULTURE IN AMERICA. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE CONSISTS OF THE CHAIR AND VICE CHAIRS OF THE BOARD, EXECUTIVE DIRECTOR, SECRETARY, TREASURER AND CHAIRS OF THE BOARD STANDING COMMITTEES. THE COMMITTEE MAY ACT IN LIEU OF THE FULL BOARD TO THE EXTENT PERMITTED BY LAW, PROVIDED THAT IT TAKE NO ACTION THAT CONFLICTS WITH A PRIOR DECISION OF THE BOARD OF GOVERNORS. PROPOSALS CONSIDERED AT EC MEETINGS WILL BE ENACTED IF PASSED BY A VOTE OF TWO THIRDS OF THE TOTAL NUMBER OF GOVERNORS IN THE EXECUTIVE COMMITTEE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IS OPEN TO ALL PEOPLE, SUBJECT TO PAYMENT OF DUES. THERE ARE 9 LEVELS OF DUES-PAYING MEMBERS. THE MEMBERS VOTE TO ELECT THE MEMBERS OF THE BOARD OF GOVERNORS AND TO ADOPT CHANGES TO THE ORGANIZATION'S BYLAWS. FORM 990, PART VI, SECTION A, LINE 7A ANY FOUNDATION MEMBER IN GOOD STANDING MAY SUBMIT NOMINATIONS TO THE NOMINATING COMMITTEE. MEMBERS OF THE BOARD OF GOVERNORS ARE ELECTED BY THE MEMBERS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B ANY MEMBER IN GOOD STANDING (I.E. DUES PAID FOR THE YEAR) IS ELIGIBLE TO VOTE FOR APPROVAL TO CHANGE THE BY-LAWS. FORM 990, PART VI, SECTION A, LINE 8A THE SECRETARY TAKES NOTES AT BOARD MEETINGS FROM WHICH SHE CREATES MINUTES WHICH ARE REVIEWED AND PASSED AT THE NEXT MEETING. SINCE THERE IS A 4 MONTH GAP BETWEEN MEETINGS OVER THE SUMMER, THE MINUTES ARE NOT ALWAYS CREATED WITHIN 60 DAYS. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE 990 WILL BE CIRCULATED TO THE FULL BOARD OF GOVERNORS BEFORE FILING. ANY COMMENTS QUESTIONS OR SUGGESTIONS FOR MODIFICATION WILL BE GIVEN TO THE EXECUTIVE DIRECTOR AND CHAIRMAN OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C STAFF MEMBERS, VOLUNTEERS AND BOARD MEMBERS ARE ALL COVERED UNDER THE CONFLICT OF INTEREST POLICY. IF A POTENTIAL CONFLICT OF INTEREST EXISTS, IT MUST BE DISCLOSED TO THE EXECUTIVE DIRECTOR. ANYONE WITH A CONFLICT MUST EXCUSE THEMSELVES FROM VOTING FOR ANY DECISION WHERE A CONFLICT EXISTS. FORM 990, PART VI, SECTION B, LINE 15 THE FINANCE COMMITTEE MAKES THE DECISION ABOUT THE COMPENSATION FOR THE EXECUTIVE DIRECTOR AND IT IS REPORTED TO THE BOARD OF GOVERNORS. INPUT FOR THE DECISION IS PERFORMANCE EVALUATION (CONDUCTED BY THE OFFICERS) AND BENCH-MARKING. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC AT THE ANNUAL MEETING AND BY REQUEST. THE GOVERNING DOCUMENTS ARE AVAILABLE BY REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.