2015-03-04T12:54:18-06:00 2014-06-30 043108635 LEONARD MULHERIN & GREENE PC 625 GROVE STREET BRAINTREE MA 02184 990 2013-07-01 203069102 FULLER CRAFT MUSEUM INC FULL 5085886000 455 OAK STREET BROCKTON MA 02301 JONATHAN FAIRBANKS MUSEUM DIRECTOR 5085886000 2015-02-12 1 STEPHEN M SNOW P00641289 7813564800 2013 2016-03-07 17:11:31Z JONATHAN FAIRBANKS 455 OAK STREET BROCKTON MA 02301 768920 0 X WWW.FULLERCRAFT.ORG X 2005 MA FULLER CRAFT MUSEUM IS A DYNAMIC ENVIROMENT WHERE CRAFT IS EXPERIENCED THROUGH EXHIBITIONS, EDUCATION, OUTREACH AND COLLABORATION. WE EXPLORE THE MATERIALS, TECHNIQUES AND ARTISTIC EXPRESSION THAT CHALLENGE THE PERCEPTION OF CRAFT, WHILE HONORING THE ACHIEVEMENTS OF THE PAST. 12 10 30 40 0 0 250199 414372 198058 241773 15188 5727 102250 96491 565695 758363 0 0 0 0 470950 479919 0 0 160766 637303 552915 1108253 1032834 -542558 -274471 2390278 2298810 210437 167458 2179841 2131352 X FULLER CRAFT MUSEUM IS A DYNAMIC ENVIROMENT WHERE CRAFT IS EXPERIENCED THROUGH EXHIBITIONS, EDUCATION, OUTREACH AND COLLABORATION. WE EXPLORE THE MATERIALS, TECHNIQUES AND ARTISTIC EXPRESSION THAT CHALLENGE THE PERCEPTION OF CRAFT, WHILE HONORING THE ACHIEVEMENTS OF THE PAST. 0 0 169056 118460 COLLECTIONS AND EXHIBITIONS 16217 43291 MUSEUM SCHOOL AND EDUCATION 79240 102288 GIFT SHOP 419198 80022 FACILITIES, RENTALS, CAFE 419198 80022 683711 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 28 0 30 1 0 0 0 0 0 0 0 0 0 0 X 12 10 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 MA X X THE ORGANIZATION 5085886000 455 OAK STREET BROCKTON MA 02301 CHRIS RIFKIN CO-CHAIR 1.00 X X 0 0 0 GEORGE MCMILLAN CO-CHAIR 1.00 X X 0 0 0 JAY STANGER VICE CHAIR 1.00 X X 0 0 0 LAURA E KELLY TREASURER 1.00 X X 0 0 0 KATHERINE GLOVER CLERK 1.00 X X 0 0 0 FLEUR BRESLER DIRECTOR 1.00 X 0 0 0 BERNARD PUCKER DIRECTOR 1.00 X 0 0 0 SARAH C RICHARDS DIRECTOR 1.00 X 0 0 0 ALEXANDER ROMM RYSMAN DIRECTOR 1.00 X 0 0 0 ADELENE ELLENBERG DIRECTOR 1.00 X 0 0 0 BINH D PHO DIRECTOR 1.00 X 0 0 0 ROBERT L HOWIE JR DIRECTOR 1.00 X 0 0 0 JONATHAN FAIRBANKS MUSEUM DIRECTOR 30.00 X 29789 2153 0 29789 2153 0 0 0 0 0 0 53229 22102 339041 414372 RENTAL INCOME 611600 80022 80022 MEMBERSHIPS 611600 68738 68738 ADMISSIONS AND TOURS 611600 43472 43472 FEE INCOME 611600 43291 43291 TRAVELING EXHIBITIONS 611600 6250 6250 241773 5727 5727 0 53229 0 0 102288 10557 91731 91731 OTHER INCOME 900099 4760 4760 4760 758363 338264 0 5727 381307 248185 56861 76261 47814 23789 14605 9420 50798 33758 9417 7623 33143 33143 19300 11888 5547 1865 81824 33211 384 48229 22909 12157 4597 6155 6814 5514 1300 99926 97426 2500 6361 5609 5 747 3600 3600 87897 87897 43825 43825 COMMISSION ON ART SALES 41444 41444 ART PURCHASES, TRANSPOR 34041 33818 223 RECEPTIONS 28623 26651 1030 942 LICENSES 10285 3090 7195 32923 19274 11543 2106 1032834 683711 188357 160766 39492 84571 384813 342654 16733 18212 2835542 2045170 878269 790372 1070971 1063001 2390278 2298810 94574 42256 25863 10908 90000 114294 210437 167458 X 744407 801777 1435434 1329575 2179841 2131352 2390278 2298810 X -274471 33909 3950 -5378 193501 X 0 1 X 1 0 X 458196 1061052 597156 250199 414372 2780975 513899 568444 400464 316340 348821 2147968 972095 1629496 997620 566539 763193 4928943 0 0 0 4928943 60396 48072 32814 15188 5727 162197 60396 48072 32814 15188 5727 162197 1032491 1677568 1030434 581727 768920 5091140 0.96810 0.95910 0.03190 0.04090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 88609 88609 2176931 1550413 626518 390370 320538 69832 179632 174219 5413 790372 X PART III, LINE 4: THE MUSEUM DISPLAYS AN EXCEPTIONAL COLLECTION OF WORKS FROM ACROSS AMERICA THAT INCLUDES EXHIBITS OF CRAFT IN GLASS, METAL, CERAMIC, FIBER AND WOOD. THE MUSEUM'S COLLECTION IS KEPT UNENCUMBERED, CARED FOR, PRESERVED, AND MAINTAINED FOR PUBLIC EXHIBITION AND EDUCATION RATHER THAN FOR FINANCIAL GAIN. PROCEEDS FROM THE SALE OF ANY ITEM IN THE COLLECTION ARE USED TO ACQUIRE OTHER COLLECTION ITEMS. THE MUSEUM DOES NOT INCLUDE EITHER THE COST OR THE VALUE OF ITS COLLECTION IN THE COMBINED STATEMENT OF FINANCIAL POSITION, NOR DOES IT RECOGNIZE GIFTS OF COLLECTION ITEMS AS REVENUES IN THE COMBINED STATEMENT OF ACTIVITIES. SINCE ITEMS ACQUIRED FOR ITS COLLECTION BY PURCHASE ARE NOT CAPITALIZED, THE COSTS OF THOSE ACQUISITIONS ARE REPORTED AS DECREASES IN NET ASSETS IN THE COMBINED STATEMENT OF ACTIVITIES. THE PROCEEDS FROM COLLECTION ITEMS DISPOSED OF ARE REPORTED AS INCREASES IN THE APPROPRIATE CLASS OF NET ASSETS IN THE COMBINED STATEMENT OF ACTIVITIES. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE MUSEUM TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE MUSEUM HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE MUSEUM HAS ANALYZED THE TAX POSITIONS TAKEN AND CONCLUDED THAT, AS OF JUNE 30, 2014, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE COMBINED FINANCIAL STATEMENTS. THE MUSEUM IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE MUSEUM BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2011. ART AUCTION 53229 53229 53229 53229 RIFKIN GENERAL OPERATIONS X 100000 90000 0 1 1 RIFKIN GENERAL OPERATIONS X 8648 8648 0 0 0 MCMILLAN GENERAL OPERATIONS X 15646 15646 0 0 0 114294 M MCMILLAN SON OF BOARD MEMBER 27640 M. MCMILLAN IS THE SON OF GEORGE MCMILLAN, BOARD MEMBER. M. MCMILLAN WAS PAID COMPENSATION OF $22,000 AND BENEFITS OF $5,640 AS AN EMPLOYEE OF THE ORGANIZATION. 0 FORM 990, PART VI, SECTION A, LINE 8B THE MUSEUM DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 ORGANIZATION MANAGEMENT REVIEWS A DRAFT OF THE FORM 990, WHICH IS PREPARED BY THE ORGANIZATION'S INDEPENDENT ACCOUNTANTS. ANY RESULTANT COMMENTS AND CHANGES ARE INCORPORATED INTO THE FORM BY THE INDEPENDENT ACCOUNTANTS. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS AND DIRECTORS OF THE ORGANIZATION ARE REQUIRED TO FILE A STATEMENT ON AN ANNUAL BASIS DISCLOSING ANY POTENTIAL INTERESTS THAT COULD GIVE RISE TO CONFLICTS. THESE STATEMENTS ARE COMPLETED AT THE BEGINNING OF EACH FISCAL YEAR AND ARE EVALUATED BY THE OFFICERS OF THE ORGANIZATION. INDIVIDUALS WITH POTENTIAL CONFLICTS OF INTEREST ARE PROHIBITED FROM PARTICIPATING IN ANY DELIBERATIONS OR DECISIONS THAT MAY BE EFFECTED BY A POTENTIAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF THE EXECUTIVE DIRECTOR IS REVIEWED ON AN ANNUAL BASIS IN CONNECTION WITH THE ORGANIZATION'S BUDGET PROCESS. THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE COMPENSATION OF THE EXECUTIVE DIRECTOR USING DATA FOR COMPARABLE ORGANIZATIONS. SUCH DELILBERATIONS AND DECISIONS ARE RECORDED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC VIA THE WEBSITE OF A CERTAIN STATE REGULATORY AGENCY, AS WELL AS UPON REQUEST. FORM 990, PART XI, LINE 9: OPERATING TRANSFER FROM MYRON L. FULLER TRUST 212,744. WRITE-OFF OF TEMPORARILY RESTRICTED PLEDGE -19,243.