2019-11-14T13:58:05-06:00 2019-06-30 043191789 MP PC ONE MONARCH PLACE STE 900 SPRINGFIELD MA 011444011 990 2018-07-01 043542086 THE ERIC CARLE MUSEUM OF PICTURE BOOK ART INC ERIC 4135596314 125 WEST BAY ROAD AMHERST MA 010023357 ANDREA POWERS DIRECTOR OF FINANCE 4135596314 2019-11-13 1 PATRICK LEARY P00638212 4137391800 70.88.213.177 2019-11-13 16:45:26 ES P 8E8665F0A2F8EA97B0B94957118D88A2A64F702C 5A04E4012AE50EF875B1246D4D4DFB1DBFB12500 2018 2020-03-31 21:24:44Z ALEXANDRA KENNEDY 125 WEST BAY ROAD AMHERST MA 010023357 3427124 0 X WWW.CARLEMUSEUM.ORG X 2001 MA OPERATION OF A MUSEUM DEDICATED TO PICTURE BOOK ART. 17 17 40 25 0 0 2086358 1725808 335183 446277 165391 189309 547846 621959 3134778 2983353 0 0 0 0 1833154 1976299 0 0 311432 1489988 1505120 3323142 3481419 -188364 -498066 14007733 13436000 283668 203716 13724065 13232284 THE MUSEUM'S MISSION IS TO INSPIRE A LOVE OF ART AND READING THROUGH PICTURE BOOKS. A LEADING ADVOCATE IN ITS FIELD, THE CARLE COLLECTS, PRESERVES, PRESENTS, AND CELEBRATES PICTURE BOOKS AND PICTURE BOOK ILLUSTRATIONS FROM AROUND THE WORLD. 0 0 2286208 271224 1. THE CARLE ORGANIZED SIX ORIGINAL ART EXHIBITIONS IN AMHERST AND TOURED FIVE EXHIBITIONS TO MUSEUMS IN THE U.S. AND ABROAD, REACHING ALMOST HALF A MILLION PEOPLE. 2. THE MUSEUM'S ART STUDIO PROVIDED HANDS-ON ART-MAKING ACTIVITIES TO ALL OF OUR VISITORS (ON A DROP-IN BASIS) WHENEVER THE MUSEUM WAS OPEN; IT ALSO OFFERED DOZENS OF SPECIALIZED WORKSHOPS, INCLUDING PROFESSIONAL DEVELOPMENT FOR EDUCATORS, THROUGHOUT THE YEAR. 3. THE MUSEUM HOSTED PICTURE BOOK ARTISTS AND AUTHORS FOR STORY TIMES, LECTURES, ART DEMONSTRATIONS, AND BOOK SIGNINGS SO VISITORS CAN LEARN ABOUT HOW BOOKS ARE MADE AND MEET THEIR CREATORS. 2286208 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 1 41 0 40 1 0 0 0 0 0 1 1 0 0 0 0 X 17 17 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X ANDREA POWERS 4135596314 125 WEST BAY ROAD AMHERST MA 01002 BRYAN COLLIER DIRECTOR 1.00 X 1875 0 0 WILLIAM PHILLIP GORTH SECRETARY 1.00 X 0 0 0 LEONARD MARCUS DIRECTOR 1.00 X 3750 0 0 CHRIS LOKER VICE CHAIR 1.00 X 0 0 0 ANDREA DAVIS PINKNEY DIRECTOR 1.00 X 0 0 0 GRACE LIN DIRECTOR 1.00 X 0 0 0 STEVEN MALK DIRECTOR 1.00 X 0 0 0 CHRIS MILNE CHAIR 1.00 X 0 0 0 JEN LOJA TREASURER 1.00 X 0 0 0 CATHRYN MERCIER DIRECTOR 1.00 X 0 0 0 JANE BAYARD CURLEY DIRECTOR 1.00 X 2500 0 0 SUZANNE MURPHY DIRECTOR 1.00 X 0 0 0 KATE GEIS DIRECTOR 1.00 X 0 0 0 H NICHOLAS B CLARK DIRECTOR 1.00 X 0 0 0 ROBERT L FORBES DIRECTOR 1.00 X 0 0 0 JOHN MENDELSON DIRECTOR 1.00 X 0 0 0 LYNN WAGGONER DIRECTOR 1.00 X 0 0 0 ALEXANDRA KENNEDY EXECUTIVE DIRECTOR 37.50 X 269253 0 0 277378 0 0 1 0 1 0 WRIGHT BUILDERS 48 BATES ST NORTHAMPTON MA 01060 LANDSCAPING 118691 1 148202 124940 1452666 892 1725808 LOAN FEES 713990 175053 175053 ADMISSIONS 713990 162528 162528 PROGRAM INCOME 611600 108696 108696 446277 189309 189309 52590 52590 146500 124940 128176 18324 18324 642414 315595 326819 326819 OTHER INCOME 900099 224226 224226 224226 2983353 997322 0 260223 282108 94036 94036 94036 1350756 777958 470804 101994 75427 75427 141347 48609 75505 17233 126661 68207 43850 14604 8691 8691 19748 19748 22464 12098 7776 2590 123810 63539 60271 117801 63435 40783 13583 427692 427692 5739 5739 405606 365045 40561 64734 34956 22657 7121 EXHIBIT EXPENSE 140152 140152 FRAMING AND DISPLAY 58930 58930 PROGRAM EXPENSE 50385 50385 MISCELLANEOUS 33173 33173 26195 26195 3481419 2286208 883779 311432 321154 485452 15770 10039 494306 500308 40270 38187 316192 309690 122063 180286 14593671 6775640 8223637 7818031 4199341 3819007 275000 275000 14007733 13436000 244316 173352 39352 30364 283668 203716 X 12409446 11907265 640598 0 674021 1325019 13724065 13232284 14007733 13436000 -498066 6285 0 X 0 1 X 1 0 X 2896371 4223721 1082801 2086358 1600868 11890119 1270682 1138264 1141345 994295 1088691 5633277 4167053 5361985 2224146 3080653 2689559 17523396 844839 2946563 981266 1206206 1022445 7001319 0 844839 2946563 981266 1206206 1022445 7001319 10522077 59831 18640 101164 165468 241899 587002 59831 18640 101164 165468 241899 587002 5663 113395 3309 224226 346593 4232547 5494020 2328619 3246121 3155684 18456991 0.57010 0.59400 0.03180 0.02170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 4129504 1000 195750 553270 3772984 4193891 15964 245100 325451 4129504 3580070 422233 300940 109352 4193891 1905926 1833000 35471 -194327 3580070 1485492 501250 28434 -109250 1905926 0.82110 0.17890 0 0 37173 37173 12002774 6208631 5794143 10800 10800 1869280 567009 1302271 673644 673644 7818031 X 3124826 6285 7012 13297 3111529 -128176 -128176 2983353 3616607 7012 128176 135188 3481419 0 3481419 PART III, LINE 1A: COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IF PURCHASED WITH UNRESTRICTED ASSETS AND AS DECREASES IN TEMPORARILY RESTRICED OR PERMANENTLY RESTRICTED NET ASSETS IF PURCHASED WITH DONOR-RESTRICTED ASSETS. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED ON THE STATEMENT OF ACTIVITIES BASED ON THE ABSENCE OR EXISTENCE AND NATURE OF DONOR-IMPOSED RESTRICTIONS. THE MUSEUM'S COLLECTIONS ARE MADE UP OF ART OBJECTS THAT ARE HELD FOR EDUCATIONAL AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED AND ASSESSING THEIR CONDITION IS CONTINUOUSLY PERFORMED. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE MUSEUM'S MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE MUSEUM AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE MUSEUM HAS TAKEN ANY UNCERTAIN TAX POSITIONS THAT MORE THAN LIKELY WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE MUSEUM AND HAS CONCLUDED THAT AS OF JUNE 30, 2019, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A TAX LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE MUSEUM IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS, HOWEVER THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO TAX EXAMINATIONS FOR YEARS PRIOR TO 2014 PART XI, LINE 4B - OTHER ADJUSTMENTS: EXPENSES OF SPECIAL EVENTS -128,176. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF SPECIAL EVENTS 128,176. GALA-CARLE HONORS 271440 124940 146500 26423 47421 54332 271440 124940 146500 26423 47421 54332 128176 18324 X X X 0 1 0 0 0 0 0 0 0 ALEXANDRA KENNEDY EXECUTIVE DIRECTOR 234034 0 0 0 35219 0 0 0 0 0 269253 0 0 0 PART I, LINE 4B THE ORGANIZATION HAS A 457(B) DEFINED CONTRIBUTION PLAN FOR A MEMBER OF MANAGMENT. THE ASSET AND LIABILITY RELATED TO THE PLAN AS OF JUNE 30, 2019 WAS $67,723. LEONARD MARCUS TRUSTEE 2500 GUEST CURATOR. 0 JANE CURLEY TRUSTEE 3750 GUEST CURATOR. 0 BRIAN COLLIER TRUSTEE 1875 GUEST CURATOR. 0 X 12 0 X 1 892 ITEM WAS SOLD X 6 50623 MARKET QUOTATIONS X BOOKS 125 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION HAS MOVED ALL ITS ASSETS INTO THE ERIC CARLE FOUNDATION. FUNDS FOR THE MUSEUM WILL COME FROM THE FOUNDATION. THE MUSEUM STILL REMAINS INDEPENDENT OF THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION AMENDED THEIR BY-LAWS. THE 990 IS REVIEWED BY THE AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION CONDUCTS ANNUAL INQUIRIES WITH ITS OFFICERS AND BOARD OF DIRECTORS REGARDING MAJOR SUPPLIERS AND CONTRIBUTORS REQUIRING THOSE PERSONS TO AFFIRM INDEPENDENCE OR DISCLOSE CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 REVIEWED AND APPROVED BY AUDIT COMMITTEE AND FULL BOARD. COMPARATIVE DATA COMPILED BY DIRECTOR OF FINANCE AND ADMINISTRATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC VIA THE MASSACHUSETTS ATTORNEY GENERAL'S OFFICE. IN ADDITION THE ATTORNEY GENERAL MAINTAINS A COPY OF THE 990. FURTHER THE 990 IS AVAILABLE VIA THE GUIDESTAR.ORG WEBSITE. THE CONFLICT OF INTEREST POLICY IS FURNISHED UPON REQUEST.