2016-02-15T00:00:00-06:00 2015-06-30 042943536 Tonneson & Company Inc 401 Edgewater Place Suite 300 Wakefield MA 018806208 990 2014-07-01 042152010 Wenham Historical Association & Museum Inc WENH 9784682377 132 Main Street Wenham MA 01984 John F Perkins Treasurer 9784682377 2016-02-12 1 Heidi E MacLean P00840184 7812459999 2016-02-09 2014 2016-08-17 19:52:53Z Kristin Noon 132 Main Street Wenham MA 01984 895787 0 X www.wenhammuseum.org X 1952 MA Refer to Schedule O, Page 36Organization's exempt purpose is to acquire, preserve, and exhibit cultural collections, and to provide educational and cultural services to the public. 14 14 16 40 0 0 265344 499171 110442 110658 180659 17812 38306 25858 594751 653499 0 0 0 0 367103 320108 0 0 81205 249528 236451 616631 556559 -21880 96940 1779239 1846355 50165 35876 1729074 1810479 The mission of the Wenham Museum is to protect, preserve and interpret the history and culture of Boston's North Shore, domestic life and the artifacts of childhood. 0 0 360920 0 119606 Preservation of historic buildings and artifacts; education of the general public of selected historical matters. 360920 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 22 0 1 16 1 0 0 0 0 0 1 1 0 0 0 0 X 14 14 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X X Kristin Noon 9784682377 132 Main Street Wenham MA 01984 H Ernest Stone III President 2.00 X X 0 0 0 Derek A Smith Vice-President 2.00 X X 0 0 0 John F Perkins Treasurer 2.00 X X 0 0 0 Catharine Ebling Secretary 2.00 X X 0 0 0 Kennon Anderson Trustee 2.00 X 0 0 0 Jillian Belliveau Trustee 2.00 X 0 0 0 Cheryl Emmons Trustee 2.00 X 0 0 0 Michael S Lucy Trustee 2.00 X 0 0 0 Rebecca Oldfield Smith Trustee 2.00 X 0 0 0 Katharine Pickering Trustee 2.00 X 0 0 0 Holly Shepherd Trustee 2.00 X 0 0 0 Elizabeth Skates Trustee 2.00 X 0 0 0 Willa D Worsfold Trustee 2.00 X 0 0 0 Rosemary Wywoda Trustee 2.00 X 0 0 0 Kristin Noon Executive Director 40.00 X 72701 0 0 72701 0 0 0 0 0 0 0 58800 37696 402675 499171 Admissions 713990 78954 78954 Program Fees 900099 31704 31704 110658 21884 21884 10774 10467 307 307 307 95968 100040 -4072 -4072 -4072 78593 37696 61990 16603 16603 76681 69791 6890 6890 Other income 900099 2058 2058 2058 653499 119606 0 34722 74701 56026 14940 3735 212707 107032 44504 61171 7857 4738 425 2694 24843 7531 14297 3015 21122 21122 7976 7976 8688 8688 22316 22316 16386 13601 1392 1393 18013 16117 948 948 989 989 49873 44623 2625 2625 15479 13035 1629 815 Repairs and Maintenance 38870 34778 2046 2046 Exhibit Expense 20387 20387 0 0 Other Program Expenses 7941 7941 0 0 Miscellaneous Expenses 6903 3599 541 2763 1508 508 1000 556559 360920 114434 81205 27788 32665 91584 83468 29120 118730 21314 16875 14212 16399 5350 4358 1915646 1140432 818083 775214 771788 798646 1779239 1846355 32221 24861 17944 11015 50165 35876 X 1403284 1307960 125790 202519 200000 300000 1729074 1810479 1779239 1846355 96940 -15535 0 X 0 1 X 1 0 X 241048 271130 259464 370690 577764 1720096 223672 181770 195503 181915 187161 970021 464720 452900 454967 552605 764925 2690117 57836 59792 75714 121889 315044 630275 0 57836 59792 75714 121889 315044 630275 2059842 33049 25388 36750 44613 32658 172458 33049 25388 36750 44613 32658 172458 497769 478288 491717 597218 797583 2862575 0.71960 0.78200 0.06020 0.06640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 771788 100100 -5970 67272 798646 803443 120087 151742 771788 755236 3335 86939 42067 803443 771488 10264 16667 43183 755236 678675 4352 124621 36160 771488 0.62440 0.37560 0.00000 0 0 1829535 1070244 759291 45481 32321 13160 40630 37867 2763 775214 X 793940 -15535 13728 -1807 795747 -142248 -142248 653499 712535 13728 142248 155976 556559 0 556559 Part III, Line 1a: In conformity with the practice followed by most museums, historical objects purchased and donated are not capitalized. Collections that belong to the Museum include antique dolls, dollhouses and other toys. Part of the Museum is a 17th century house complete with period furnishings. The cost of all objects purchased, together with the value of objects acquired by gift if any, less proceeds from deaccessions of objects, is reported as a separate expense. Part V, Line 4: The Museum's primary objective is long-term capital appreciation which together with income will provide for the growth of the endowment while allowing support for current activities. The Museum has adopted a spending policy on board designated net assets whereby the amount available for distribution to operations will be a percentage of the average market value of these board designated net assets for the preceding twelve (12) quarters calculated as of June 30 of the current fiscal year. The Museum elected to use a percentagee of 4.0% for the year ended June 30, 2015. The amount available for distribution to operations, as directed by the donor, on permanently restricted net assets will be the greater of (1) 4% of the average market value of the permanently restricted net assets for the preceding twelve (12) quarters calculated as of June 30 of the current fiscal year, or (2) the earned income for the current fiscal year (further defined by the Wenham Museum Board of Trustees to be the interest, dividends, capital gains distributions, and net realized and unrealized capital gains (losses) earned by the permanently restricted net assets). Part X, Line 2: In determining the recognition of uncertain tax positions, the Museum applies a more-likely-than-not recognition threshold and determines the measurement of uncertain tax positions considering the amounts and probabilities of the outcomes that could be realized upon ultimate settlement with taxing authorities. As of June 30, 2015, the Museum has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. Part XI, Line 4b - Other Adjustments: Special Events Expense -61,990. Cost of Goods Sold -69,791. Rental Expenses -10,467. Part XII, Line 2d - Other Adjustments: Special Events Expense 61,990. Cost of Goods Sold 69,791. Rental Expenses 10,467. Gala 30400 25375 5025 3586 5182 1628 Golf Tournament 21977 12321 9656 4261 3688 1640 63912 0 63912 1845 40160 116289 37696 78593 7847 10715 43428 61990 16603 Form 990, Part VI, Section A, line 2 Trustees Derek Smith and Rebecca Smith are married. Form 990, Part VI, Section B, line 11 The Finance Committee reviews the Form 990 during one of their meetings prior to filing the Form 990. Form 990, Part VI, Section B, line 12c Each year the policy is discussed with the Trustees. Every other year, or upon appointment of a new Trustee, the Trustees are required to provide written confirmation about their knowledge of the policy. Form 990, Part VI, Section B, line 15a The Board of Trustees, in executive session not including the Executive Director, discusses and approves the Executive Director's salary. They also consider whether the salary would be comparable to other Executive Director positions at comparable museums. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy, financial statements and Form 990 are immediately made available to the public by calling the Museum's office, walking into the Museum's office or mailing in a request to the Museum. The Form 990 and financial statements are also available through the Massachusetts Attoney General's office/website.