2015-08-20T10:47:30-05:00 2014-12-31 043037870 BOLLUS LYNCH LLP 89 SHREWSBURY STREET WORCESTER MA 01604 990 2014-01-01 042160642 MARTHA'S VINEYARD MUSEUM INC MART 5086274441 PO BOX 1310 EDGARTOWN MA 02539 DAVID NATHANS EXECUTIVE DIRECTOR 5086274441 2015-08-06 1 BARBARA E KING P00005629 5087557107 2015-08-03 2014 2016-03-07 17:11:31Z DAVID NATHANS PO BOX 1310 EDGARTOWN MA 02539 1818003 0 X WWW.MVMUSEUM.ORG X 1923 MA THE MARTHA'S VINEYARD MUSEUM PRESERVES AND INTERPRETS COLLECTIONS THAT ENGAGE AND CONNECT THE PUBLIC TO THE ISLAND'S HISTORY, ART AND CULTURE. 21 21 27 120 0 0 2452213 1480316 198853 211874 4843 3834 14877 -42295 2670786 1653729 0 0 0 0 756573 775756 188200 192000 481870 943044 823321 1887817 1791077 782969 -137348 6577311 6404565 63666 28268 6513645 6376297 THE MARTHA'S VINEYARD MUSEUM PRESERVES AND INTERPRETS COLLECTIONS THAT ENGAGE AND CONNECT THE PUBLIC TO THE ISLAND'S HISTORY, ART AND CULTURE. 0 0 947926 223754 MUSEUM & LIBRARY FOR EDUCATION AND RESEARCH OF LOCAL HISTORY. 947926 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 1 1 0 0 0 0 0 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 1 30 0 1 27 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X MARGARET E MAYHEW 5086274441 59 SCHOOL STREET EDGARTOWN MA 02539 ELIZABETH BEIM CHAIRMAN 2.00 X X 0 0 0 NAT BENJAMIN DIRECTOR 2.00 X 0 0 0 ROBERT BLACKLOW DIRECTOR 2.00 X 0 0 0 MARCIA MULFORD CINI DIRECTOR 2.00 X 0 0 0 JAMES CURTIS DIRECTOR 2.00 X 0 0 0 JOHN R ETTINGER DIRECTOR 2.00 X 0 0 0 GAIL FARRISH DIRECTOR 2.00 X 0 0 0 SKIP FINLEY DIRECTOR 2.00 X 0 0 0 DALE GARTH DIRECTOR 2.00 X 0 0 0 MARK CHARLES LAPMAN DIRECTOR 2.00 X 0 0 0 JULIANNA FLANDERS DIRECTOR 2.00 X 0 0 0 DAVID LEBRETON DIRECTOR 2.00 X 0 0 0 LORNA GILES DIRECTOR 2.00 X 0 0 0 ELIZABETH HAWES WEINSTOCK DIRECTOR 2.00 X 0 0 0 DOUGLAS LEAVENS DIRECTOR 2.00 X 0 0 0 PHOEBE LEWIS DIRECTOR 2.00 X 0 0 0 CALVIN LINNEMANN DIRECTOR 2.00 X 0 0 0 MARK ALAN LOVEWELL DIRECTOR 2.00 X 0 0 0 JUNE MANNING DIRECTOR 2.00 X 0 0 0 CHRISTOPHER MORSE DIRECTOR 2.00 X 0 0 0 DENYS WORTMAN DIRECTOR 2.00 X 0 0 0 CHRIS MURPHY DIRECTOR 2.00 X 0 0 0 JAMES B RICHARDSON III DIRECTOR 2.00 X 0 0 0 DAVID NATHANS EXECUTIVE DIRECTOR 40.00 X 152042 0 9156 MARGARET E MAYHEW DIRECTOR OF FINANCE 40.00 X 64923 0 6176 216965 0 15332 1 0 1 0 DEMONT ASSOCIATES 477 CONGRESS STREET PORTLAND ME 04101 FUNDRAISING CONSULTANT 192000 1 102746 145439 117463 1114668 46169 1480316 ADMISSIONS AND FEES 900099 211874 211874 211874 3834 3834 89700 145439 143875 -54175 -54175 32279 20399 11880 11880 1653729 223754 0 -50341 664746 354603 151412 158731 56699 30246 12914 13539 54311 28972 12371 12968 12062 12062 192000 192000 43637 9827 33810 41560 2807 38753 1794 122 1656 16 370 370 52411 52411 19114 19114 PROGRAMS AND SPECIAL EV 357475 355509 1966 CAPITAL CAMPAIGN EXPENS 104541 63672 40869 LIGHTHOUSES 52916 52916 SUPPLIES 32576 3250 27677 1649 104865 57263 21280 26322 1791077 947926 361281 481870 1080623 981270 1162405 1156556 46365 1227 41623 41103 912 2338 5146853 924782 4245383 4222071 6577311 6404565 63666 28268 63666 28268 X 4729596 4681860 1675473 1585861 108576 108576 6513645 6376297 6577311 6404565 -137348 0 X 0 1 X 1 0 X 1319271 4140027 1055037 2154901 1424436 10093672 1319271 4140027 1055037 2154901 1424436 10093672 3274635 6819037 4074 10817 5191 4843 3834 28759 10122431 1087671 0.67370 0.63250 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 1379032 1379032 1646303 924782 721521 201570 201570 1919948 1919948 4222071 X 1475293 118105 118105 1357188 296541 296541 1653729 1612641 118105 118105 1494536 296541 296541 1791077 PART III, LINE 1A: AS ALLOWED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA AND FOLLOWING THE PRACTICES OF MANY MUSEUMS, THE MUSEUM HAS NOT CAPITALIZED ITS COLLECTION OF ITEMS OF HISTORICAL NATURE AND OTHER RELATED OBJECTS PURCHASED OR DONATED. THE COLLECTION IS HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FINANCIAL GAIN. THE MUSEUM CONTINUALLY REVIEWS ITS COLLECTION AND MAY DE-ACCESS OR ACQUIRE ADDITIONAL ITEMS. EXPENDITURES FOR ADDITIONAL COLLECTION ITEMS ARE PRESENTED AS A REDUCTION IN THE APPROPRIATE CLASS OF NET ASSETS. PROCEEDS FROM DE-ACCESSIONS ARE REFLECTED AS INCREASES IN UNRESTRICTED NET ASSETS. THE MUSEUM HAS ESTABLISHED A POLICY THAT REQUIRES THE PROCEEDS FROM ITEMS DE-ACCESSED TO BE USED TO ACQUIRE OTHER ITEMS FOR THE COLLECTION. PART III, LINE 4: MARTHA'S VINEYARD MUSEUM CONSISTS OF THE FORMER MARINE HOSPITAL/ST.PIERRE CAMP PROPERTY IN TISBURY AND THE EDGARTOWN CAMPUS INCLUDING THE COOKE HOUSE, THE PEASE HOUSE, THE HUNTINGTON LIBRARY/FOSTER GALLERY, THE GAY HEAD LENS, THE CARRIAGE/BOAT SHED AND THE TRY WORKS REPRODUCTION. MARTHA'S VINEYARD MUSEUM ALSO HAS A STEWARDSHIP OF THE GAY HEAD, EAST CHOP AND EDGARTOWN LIGHTHOUSES. MARTHA'S VINEYARD MUSEUM HAS PERMANENT AND CHANGING EXHIBITS THAT EXPLORE THE HISTORY, CULTURE, ART, NATURAL HISTORY AND LANDSCAPE OF MARTHA'S VINEYARD ISLAND. THE MUSEUM AND GALLERY ALSO OFFER A BROAD RANGE OF ADULT AND CHILDREN'S EDUCATIONAL PROGRAMS, EXHIBITS, AND EVENTS TO MEMBERS AND THE GENERAL PUBLIC. PART X, LINE 2: THE MUSEUM QUALIFIES AS A TAX-EXEMPT NONPROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME TAX IS REQUIRED. MANAGEMENT ANNUALLY REVIEWS FOR UNCERTAIN TAX POSITIONS ALONG WITH ANY RELATED INTEREST AND PENALTIES AND BELIEVES THAT THE MUSEUM HAS NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL ADVERSE EFFECT, INDIVIDUALLY OR IN THE AGGREGATE UPON THE MUSEUM'S STATEMENT OF FINANCIAL POSITION, OR THE RELATED STATEMENTS OF ACTIVITIES OR CASH FLOWS. THE MUSEUM FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 20,399. FUNDRAISING EVENT EXPENSE 97,706. PART XI, LINE 4B - OTHER ADJUSTMENTS: CAPITAL CAMPAIGN EXPENSES 296,541. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 20,399. FUNDRAISING EVENT EXPENSE 97,706. PART XII, LINE 4B - OTHER ADJUSTMENTS: CAPITAL CAMPAIGN EXPENSES 296,541. X X X X X 0 DEMONT ASSOCIATES 477 CONGRESS STREET BOSTON MA 04104 FUTURE FUNDRAISING CAPITAL CAMPAIGN 0 0 192000 -192000 192000 -192000 MA DISCOVERY WEEKEND 235139 145439 89700 54739 89136 235139 145439 89700 54739 89136 143875 -54175 X X 0 0 0 0 0 0 0 0 0 DAVID NATHANS EXECUTIVE DIRECTOR 152042 0 0 0 0 0 6637 0 2519 0 161198 0 0 0 X AUCTION ITEMS 0 33529 FMV X EVENT ITEMS 0 12640 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 A DRAFT COPY OF THE RETURN WILL BE CIRCULATED TO THE MEMBERS OF THE FINANCE COMMITTEE FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING THE FINAL RETURN. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS MUST NOTIFY THE BOARD WITH ANNUALLY WITH ANY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION IS SET BY REVIEWING JOB RESPONSIBILITIES, LENGTH OF SERVICE, COMPARABLE SALARIES THROUGH NEW ENGLAND MUSEUM ASSOCIATION INFORMATION AND LOCAL COMPARABLES (EMPLOYEES ONLY-OFFICERS AND DIRECTORS ARE NOT COMPENSATED. FORM 990, PART VI, SECTION C, LINE 19 REQUESTS FOR INSPECTION OF THE RETURNS ARE FORWARDED TO THE EXECUTIVE DIRECTOR OR BUSINESS MANAGER WHO MAKE THE NECESSARY ARRANGEMENTS TO PROVIDE ACCESS TO THE RETURNS.