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THESE ITEMS HAVE GENERALLY BEEN ACQUIRED THROUGH DONATIONS AND ARE BEING HELD FOR PUBLIC EXHIBITION AND EDUCATIONAL PURPOSES. IN ACCORDANCE WITH THE PRACTICE GENERALLY FOLLOWED BY MUSEUMS, THE VALUE OF OBJECTS IN THE MUSEUM'S COLLECTION ARE NOT CAPITALIZED. THE COLLECTIONS ARE PROTECTED, KEPT UNENCUMBERED, CARED FOR AND PRESERVED. IN ADDITION, THE COLLECTIONS ARE SUBJECT TO A POLICY THAT REQUIRES PROCEEDS FROM THE SALE OF ANY COLLECTION ITEMS TO BE USED TO ACQUIRE OTHER ITEMS FOR THE COLLECTIONS. 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FORM 990, PAGE 6, PART VI, LINE 11B THE EXECUTIVE DIRECTOR AND TREASURER, BOTH OF THEM ARE DIRECTORS, REVIEW THE RETURN PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 19 ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 BOOK / TAX DEPRECIATION DIFFERENCE 93,067 LOSS ON K-1 FROM NIPPERSINK 65,256 TOTAL 158,323