2016-05-16T10:07:49-05:00 2015-06-30 231980475 KREISCHER MILLER 100 WITMER ROAD SUITE 350 HORSHAM PA 190442369 990 2014-07-01 231417519 AMERICAN SWEDISH HISTORICAL FOUNDATION AMER 2153891776 1900 PATTISON AVENUE PHILADELPHIA PA 19145 TRACEY RAE BECK EXECUTIVE DIRECTOR 2153891776 2016-05-12 1 KEVIN MCGINN P00440382 2154414600 2014 2016-08-17 19:52:53Z AMERICAN SWEDISH HISTORICAL MUSEUM TRACEY RAE BECK 1900 PATTISON AVENUE PHILADELPHIA PA 19145 1436486 0 X AMERICANSWEDISH.ORG X 1926 PA THE AMERICAN SWEDISH HISTORICAL MUSEUM IS AN ORGANIZATION DEDICATED TO SHARING SWEDISH AND SCANDINAVIAN CULTURE IN AMERICA. 24 23 15 250 0 0 603723 419287 53981 38214 60902 204802 101082 98440 819688 760743 0 0 0 0 353334 364575 0 0 76853 418765 409404 772099 773979 47589 -13236 3334234 3435343 147916 418178 3186318 3017165 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 259345 12551 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 EXHIBITIONS WHICH WERE VIEWED BY OVER 13,000 VISITORS. 235154 25663 EDUCATIONAL PROGRAMS: PRESENTED 37 PUBLIC PROGRAMS AND EVENTS WHICH INTERPRET SWEDISH AND SWEDISH AMERICAN HISTORY, CULTURE, SCIENCE, MUSIC AND ART. PRESENTED A CONFERENCE ABOUT FOODWAYS AND THE NEW SWEDEN COLONY. TAUGHT SWEDISH LANGUAGE CLASSES. OFFERED SCHOOL AND LIBRARY PROGRAMS AT OVER 64 ORGANIZATIONS, SERVING 2,600 STUDENTS. 494499 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 6 6 15 1 0 0 0 0 0 0 0 0 0 0 X 24 23 1 0 1 0 1 1 1 0 1 0 1 0 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 82528 0 14100 MAYOR MICHAEL NUTTER EX-OFFICIO GOVERNORS 0.00 X 0 0 0 MARK FOCHT EX-OFFICIO GOVERNORS 0.00 X 0 0 0 LEONARD A BUSBY ESQ EX-OFFICIO GOVERNOR 0.00 X 0 0 0 JAMES R ROEBUCK JR BOARD MEMBER 0.00 X 0 0 0 MAJ-BRITT LAUTMAN MIDSOMMARKLUBBEN PRES. 0.00 X 0 0 0 EARL SEPPALA SECRETARY 0.00 X 0 0 0 DAWN GOULD AUXILIARY PRESIDENT 0.00 X 0 0 0 CHRISTER BAECKSTROM BOARD MEMBER 0.00 X 0 0 0 CARIN FOSTER VICE CHAIR 0.00 X 0 0 0 BO BERGQVIST CHAIR 0.00 X 0 0 0 RONI CHRISTENSEN BOARD MEMBER 0.00 X 0 0 0 SAM HEED BOARD MEMBER 0.00 X 0 0 0 FANNY WARREN BOARD MEMBER 0.00 X 0 0 0 KRISTINA ANTONIADES BOARD MEMBER 0.00 X 0 0 0 GEORGE C MCFARLAND III BOARD MEMBER 0.00 X 0 0 0 ABBY SHAW BOARD MEMBER 0.00 X 0 0 0 EVERT J CHRISTENSEN JR BOARD MEMBER 0.00 X 0 0 0 DAVID W ENGSTROM BOARD MEMBER 0.00 X 0 0 0 MARJA KAISLA BOARD MEMBER 0.00 X 0 0 0 DAVID KIRK SEAGERS TREASURER 0.00 X 0 0 0 KIM-ERIC WILLIAMS BOARD MEMBER 0.00 X 0 0 0 RIKARD EDSTROM BOARD MEMBER 0.00 X 0 0 0 FREDRIK KHAYATI BOARD MEMBER 0.00 X 0 0 0 SIGRID NEILSON BOARD MEMBER 0.00 X 0 0 0 SANDRA PFAFF VICE CHAIR 0.00 X 0 0 0 JAMES WALKER BOARD MEMBER 0.00 X 0 0 0 82528 0 14100 0 0 0 0 0 36614 11670 10417 360586 419287 PROGRAM REVENUE 900099 13308 13308 ADMISSIONS 900099 12551 12551 EDUCATIONAL PROGRAMS 900099 12355 12355 38214 53244 53244 41524 4500 37024 37024 37024 760334 608776 151558 151558 151558 63509 11670 26035 37474 37474 60374 36432 23942 23942 760743 38214 0 303242 98903 19781 44506 34616 213012 145620 51705 15687 4044 3078 847 119 29268 21394 6510 1364 19348 10641 5804 2903 28059 28059 18380 10109 5514 2757 13424 7383 4027 2014 4152 2284 1246 622 40311 31347 6722 2242 4943 2719 1483 741 132179 105744 19827 6608 19881 15905 2982 994 PROGRAMS 50883 50883 0 0 REPAIRS & MAINTENANCE 31389 25112 4708 1569 EXHIBITS 18195 18195 0 0 NEWSLETTER 10267 5647 3080 1540 37341 18657 15607 3077 773979 494499 202627 76853 3863 3807 118628 80083 10452 0 21791 22744 4967 8835 2974589 1346019 1015055 1628570 2150845 1680731 8633 10573 3334234 3435343 57122 30752 90794 354536 0 32890 147916 418178 X 2433750 2391606 159278 47631 593290 577928 3186318 3017165 3334234 3435343 -13236 -155917 0 X 0 1 X 1 0 X 470540 377063 486443 603723 419287 2357056 194000 194000 194000 194000 194000 970000 664540 571063 680443 797723 613287 3327056 994814 2332242 33748 57397 67935 82248 94768 336096 20120 10780 30900 3694052 795421 0.63140 0.62940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 752568 138210 -15362 249857 625559 594147 347268 66992 255839 752568 548836 232230 37053 223972 594147 547217 204335 3420 206136 548836 570738 262065 285586 547217 0.00000 0.92390 0.07610 0 0 2900399 1281962 1618437 74190 64057 10133 1628570 DEFERRED REVENUE 32890 32890 X 803326 -155917 194000 4500 42583 760743 0 760743 972479 194000 4500 198500 773979 0 773979 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 SWEDISH-AMERICAN PEOPLE AND OF SWEDEN, AND TO PRESERVE, EXHIBIT, OR INTERPRET THE HISTORY AND CURRENT CONTRIBUTIONS OF SWEDISH AND SWEDISH-AMERICAN PEOPLE 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. PART X, LINE 2: THE MUSEUM FILES FEDERAL FORM 990 AND HAS NOT FILED A FORM 990T. WITH FEW EXCEPTIONS, THE MUSEUM IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE YEARS BEFORE 2011. IT IS DIFFICULT TO PREDICT THE FINAL TIMING AND RESOLUTION OF ANY PARTICULAR UNCERTAIN TAX POSITION. THE MUSEUM DOES NOT CURRENTLY ANTICIPATE SIGNIFICANT CHANGES IN ITS UNCERTAIN TAX POSITION OVER THE NEXT 12 MONTHS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 4,500. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 4,500. X X X X X X X 0 PA SPRING TING 30302 11670 18632 5975 3195 JULBORD 10128 10128 2288 34749 34749 14577 75179 11670 63509 8263 17772 26035 37474 X 8 0 X 12 0 X BOOKS 28 0 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. 37 WORKS OF ART AND 17 HISTORICAL ARTIFACTS WERE CONTRIBUTED DURING THE FISCAL YEAR. 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 THE BOARD COMMITTEES. 2) NO COMMITTEE MEMBERS ARE ON THE GOVERNING BODY. 3) 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 COMMITEE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 2 ALICE CHRISTENSEN IS THE AUNT OF EVERT CHRISTENSEN, JR. ALL BOARD MEMBERS ARE REQUESTD ONCE PER YEAR TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST OR SIGN A STATEMENT THAT SAYS THERE IS NONE. FORM 990, PART VI, SECTION A, LINE 4 THE BOARD AND GENERAL MEMBERSHIP ACCEPTED RE-STATED BYLAWS FOR THE ORGANIZATION. THE MAIN CHANGE WAS TO ALLOW FOR MEETINGS VIA TELECONFERENCE AND VOTES VIA ELECTRONIC MEANS. 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 BOARD MEETINGS ARE AUDIO RECORDED AND THE SECRETARY 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 10B THE EXECUTIVE DIRECTOR IS IN REGULAR CONTACT WITH EACH CLUB WITHIN THE ORGANIZATION, ATTENDS MEETINGS AND REVIEWS THEIR EVENT PLANS. THE ELECTED PRESIDENT OF THE 2 MAIN CLUBS ARE ALWAYS MEMBERS OF THE BOARD OF GOVERNORS (ACCORDING TO THE BYLAWS) AND REGULARLY REPORT TO THE BOARD ABOUT THEIR ACTIVITIES. FORM 990, PART VI, SECTION B, LINE 11 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.