2014-02-28T10:14:41-06:00 2013-04-30 221478099 COHNREZNICK LLP 180 GLASTONBURY BOULEVARD GLASTONBURY CT 06033 990 2012-05-01 060653120 MYSTIC SEAPORT MUSEUM INC MYST 8605720711 75 GREENMANVILLE AVENUE MYSTIC CT 06355 MARTHA K WITHINGTON 8605720711 2014-02-24 1 PAUL BALLASY P00852868 8606333000 2012 2015-11-30 17:44:51Z STEPHEN C WHITE 75 GREENMANVILLE AVENUE MYSTIC CT 06355 26703127 0 X WWW.MYSTICSEAPORT.ORG X 1929 CT THE MISSION OF MYSTIC SEAPORT MUSEUM IS TO CREATE A BROAD, PUBLIC UNDERSTANDING OF THE RELATIONSHIP OF AMERICA AND THE SEA. 32 31 468 579 0 0 8730528 7399001 5990243 5955072 3710142 2536114 1161712 1115838 19592625 17006025 222419 254434 0 0 9047142 9718181 0 60948 1676453 9248093 9361535 18517654 19395098 1074971 -2389073 90622896 91643309 3824315 3775053 86798581 87868256 X THE MISSION OF THE MYSTIC SEAPORT MUSEUM IS TO CREATE A BROAD, PUBLIC UNDERSTANDING OF THE RELATIONSHIP OF AMERICA AND THE SEA. 0 0 3606087 243399 3741325 VISITOR EXPERIENCE - EACH YEAR MORE THAN 275,000 PEOPLE VISIT MYSTIC SEAPORT, THE MUSEUM OF AMERICA AND THE SEA. THE DEPARTMENTS AND DIVISIONS THAT HAVE PRIMARY RESPONSIBILITY FOR THE VISITOR EXPERIENCE INCLUDE: VISITOR RECEPTION, EXHIBITIONS, INTERPRETATION PROGRAMS, AND MUSEUM STORES. THEY WELCOME VISITORS; PROVIDE FOR THEIR PHYSICAL NEEDS; OFFER EDUCATIONAL AND ILLUSTRATIVE PRODUCTS TO UNDERSCORE THE THEME OF AMERICA AND THE SEA; RESEARCH, DESIGN, PRODUCE AND CARE FOR EXHIBITS; RESEARCH, PLAN, AND CONDUCT A VARIED SEASONAL SCHEDULE OF PROGRAMS, ACTIVITIES AND SPECIAL EVENTS FOR VISITORS OF ALL AGES. 3439785 11035 1811652 EDUCATIONAL PROGRAMS - MYSTIC SEAPORT OFFERS A VARIETY OF FORMAL AND INFORMAL EDUCATIONAL OPPORTUNITIES FOR DIVERSE AUDIENCES. THE STORY OF AMERICA AND THE SEA IS MULTIDISCIPLINARY, AND OUR EDUCATIONAL PROGRAMS INCORPORATE HISTORY, ART, MUSIC, LITERATURE, SCIENCE, SOCIAL HISTORY, ANTHROPOLOGY, TECHNOLOGY, AND SKILLS.THE MUSEUM SERVES NEARLY 20,000 YOUNG PEOPLE IN SCHOOL GROUPS EVERY YEAR. STUDY PROGRAMS ARE ARRANGED FOR TEACHERS AND ELEMENTARY, MIDDLE, SECONDARY SCHOOL AND COLLEGE STUDENTS, AND ARE SUPPLEMENTED BY ORIGINAL SOURCE DOCUMENTS AND CURRICULUM MATERIALS AVAILABLE OVER THE WEB. THROUGH THE WILLIAMS COLLEGE/MYSTIC SEAPORT PROGRAM, UNDER-GRADUATE STUDENTS ATTEND A SEMESTER-LONG PROGRAM OF CLASSES IN MARITIME STUDIES, AND THE SUMMER MUNSON INSTITUTE OFFERS GRADUATE LEVEL MARITIME HISTORY COURSES.OTHER LEARNING OPPORTUNITIES INCLUDE: SAIL EDUCATION PROGRAMS; CLASSES IN ASTRONOMY, CELESTIAL NAVIGATION, PILOTING AND DEAD RECKONING; BOAT BUILDING AND BOAT HANDLING, FIREPLACE COOKING, SMITHING AND WOOD CARVING. THERE ARE MUSEUM INTERNSHIPS, ELDERHOSTEL PROGRAMS, AND SPECIAL PROGRAMS FOR THE VERY YOUNG IN OUR CHILDREN'S MUSEUM. 6107493 778144 COLLECTIONS & RESEARCH - THE MUSEUM'S COLLECTIONS HOLD OVER 2 MILLION ITEMS, INCLUDING VESSELS, HISTORIC BUILDINGS, PHOTOGRAPHS, FILM AND VIDEO FOOTAGE, IMPRINTS, ART, TOOLS, AND ARTIFACTS DATING FROM THE EIGHTEENTH, NINETEENTH AND TWENTIETH CENTURIES. THE WATERCRAFT COLLECTION, THE LARGEST COLLECTION OF ITS GENRE IN THE WORLD WITH OVER 480 VESSELS, INCLUDES 4 NATIONAL HISTORIC LANDMARKS: THE 1841 WHALING BARK CHARLES W. MORGAN, THE 1921 FISHING SCHOONER L. A. DUNTON, THE 1908 STEAM FERRY SABINO, AND THE NOANK WELL-SMACK EMMA C. BERRY. CURATORIAL WORK INCLUDES ACQUISITION, REGISTRATION, RESEARCH AND DOCUMENTATION, RESTORATION AND CONSERVATION. THE HENRY B. DUPONT PRESERVATION SHIPYARD WAS ESTABLISHED TO ENABLE MYSTIC SEAPORT TO CARE FOR ITS HISTORIC WATERCRAFT. THE SHIPYARD IS ALSO AN EXHIBIT WHERE VISITORS CAN WATCH THE STAFF PERFORM THE WORK NECESSARY TO MAINTAIN AND RESTORE OUR WATERCRAFT COLLECTION, EMPHASIZING THE USE OF TRADITIONAL MATERIALS AND SKILLS. THE MUSEUM'S EXTENSIVE COLLECTIONS OF MARITIME ART AND ARTIFACTS, PHOTOGRAPHS AND MOVING IMAGES, AND SHIPS PLANS ARE HOUSED ALONGSIDE THE G. W. BLUNT WHITE LIBRARY'S BOOKS AND PERIODICALS, CHARTS AND MAPS, ORAL HISTORIES, MICROFILM, LOG BOOKS, SHIPS REGISTERS AND MANUSCRIPTS IN A STATE OF THE ART FACILITY, THE COLLECTIONS RESEARCH CENTER. STAFF AND COLLECTIONS ARE BROUGHT TOGETHER HERE IN A COORDINATED AND EFFECTIVE CONFIGURATION UNDER ONE ROOF. THE COLLECTIONS RESEARCH CENTER IS THE MUSEUM'S CENTER FOR ADVANCED RESEARCH IN AMERICAN MARITIME HISTORY, CULTURE AND SCIENCE, SERVING STUDENTS, MEMBERS, STAFF AND OUTSIDE SCHOLARS. THE MUSEUM ALSO CONTRIBUTES TO KNOWLEDGE OF MARITIME STUDIES AND SCHOLARSHIP THROUGH BOOK PUBLICATION, AND SYMPOSIA. 13153365 1 1 0 1 0 0 1 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 252 0 1 468 1 0 0 0 0 0 1 1 0 0 0 1 0 X 32 31 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CT NJ NY PA RI MA X MARTHA K WITHINGTON 8605720711 75 GREENMANVILLE AVENUE MYSTIC CT 06355 A SEARLE FIELD II 1.00 X 0 0 0 ALEXANDER A DUBITSKY 1.00 X 0 0 0 ALEXANDRA T THORNE 1.00 X 0 0 0 CAYRE MICHAS 1.00 X 0 0 0 CHARLES A ROBERTSON 1.00 X 0 0 0 CHARLES J HAMM 1.00 X 0 0 0 CHARLES MALLORY 1.00 X 0 0 0 CHESTER W KITCHINGS JR 1.00 X X 0 0 0 DAVID R BECHTEL 1.00 X 0 0 0 J BARCLAY COLLINS II 1.00 X 0 0 0 JASON M PILALAS 1.00 X 0 0 0 JOHN W WATERHOUSE 1.00 X 0 0 0 JOSEPH C HOOPES JR 1.00 X X 0 0 0 MAARTEN C DE JONG 1.00 X 0 0 0 MICHAEL S HUDNER 1.00 X X 0 0 0 MR JOHN G BRIM 1.00 X 0 0 0 NATHANIEL P BENJAMIN 1.00 X 0 0 0 PETER GLEYSTEEN 1.00 X X 0 0 0 RAYMOND B STRONG III 1.00 X 0 0 0 RICHARD C ARMSTRONG 1.00 X 0 0 0 RICHARD R VIETOR 1.00 X X 0 0 0 RICHARD W CLARY 1.00 X 0 0 0 ROBERT A YOUNG 1.00 X 0 0 0 ROBERT B RODGERS 1.00 X 0 0 0 ROBERT L W MCGRAW 1.00 X X 0 0 0 SHARON E COHEN 1.00 X 0 0 0 SHEILA MCCURDY 1.00 X 0 0 0 STANLEY T WELLS 1.00 X 0 0 0 STEPHEN C WHITE 40.00 X X 240127 0 17021 STEPHEN R MUNGER 1.00 X 0 0 0 WILLIAM D FORSTER 1.00 X 0 0 0 WILLIAM E COOK 1.00 X 0 0 0 CAROLEEN FREY 40.00 X 67618 0 20007 MARTHA WITHINGTON 40.00 X 206493 0 25541 MAUREEN HENNESSEY 35.00 X 54416 0 9494 J NATHANIEL ARATA 40.00 X 102900 0 4139 SUSAN FUNK 40.00 X 139828 0 23074 811382 0 99276 4 0 1 0 ADAMS AND KNIGHT INC 80 AVON MEADOW LANE AVON CT 06001 MEDIA MARKETING SERVICES 351800 COASTAL GOURMET INC 769 STONINGTON RD STONINGTON CT 06378 CATERING SERVICES 332005 JOHN W BRISTOL & CO INC 48 WALL ST 18TH FLOOR NEW YORK NY 10005 INVESTMENT MANAGEMENT 143987 WIGGIN & DANA LLP 265 CHURCH STREET NEW HAVEN CT 06508 LAW SERVICES 126930 MARTS & LUNDY 1200 WALL STREET WEST LYNDHURST NJ 07071 FUNDRAISING CONSULTANTS 103287 6 1255414 272666 859359 5011562 327102 7399001 GATE ADMISSIONS 712110 3059064 3059064 PROGRAM FEES 712110 2696488 2696488 SALES OF PUBLISHED MATERIALS 900099 199520 199520 5955072 1267984 1267984 8753 8753 986715 40032 240296 6185 746419 33847 780266 780266 10135005 8866875 1268130 1268130 1268130 41952 272666 161264 -119312 -119312 798531 422482 376049 376049 MISCELLANEOUS 900099 70082 70082 70082 17006025 6331121 0 3275903 254434 254434 672526 672526 7500062 4839129 1891605 769328 231660 134724 45366 51570 743430 490529 204321 48580 570503 340593 175379 54531 140609 140609 60600 60600 61360 61360 60948 60948 191461 191461 649109 258923 259837 130349 449551 108099 330537 10915 1049212 605639 217443 226130 945441 39783 905658 393816 153811 69793 170212 1670660 1584380 83881 2399 508857 94534 414323 REPAIRS & MAINTENANCE 1230094 777921 440354 11819 SERVICES 1109561 863074 243442 3045 EDUCATIONAL PROGRAM SER 329265 329265 CREDIT CARD FEES 213219 26295 186181 743 358720 2252232 -1968036 74524 19395098 13153365 4565280 1676453 719470 926642 7387036 8677031 2401635 2496488 890326 328162 429300 399156 54577410 34092688 21429764 20484722 53840459 54546838 3524906 3784270 90622896 91643309 647953 674192 3021982 2955585 154380 145276 3824315 3775053 X 23512023 21895818 26731716 29045761 36554842 36926677 86798581 87868256 90622896 91643309 X -2389073 3092762 365986 X X 0 1 X 1 0 X 5137892 6612754 13028893 8730528 7399001 40909068 5137892 6612754 13028893 8730528 7399001 40909068 40909068 2798814 2192989 2089098 2169866 2303484 11554251 42415 42415 267575 100297 70082 437954 52943688 27545123 0.77270 0.79570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 61360 0 0 61360 0 PART IV, SUPPLEMENTAL INFORMATION: PART IIB, LINE 1(G), OTHER LOBBYING ACTIVITIES: LOBBYING WAS PROVIDED BY BEACON CONSULTING TO INCREASE STATE FUNDING TO SUPPORT PROGRAM SERVICES. X 1 0 0 0 1 1 0.00 0 X X X X X LICENSING/PUBLICATION/PROD 0 42768514 118933 5251959 3483199 44656207 42335288 742216 1843717 2152707 42768514 36774567 2405431 5300082 2144792 42335288 28977370 2155107 8528275 2886185 36774567 49680201 660445 -11023726 10339550 28977370 0.73000 0.27000 0 0 1213025 1213025 27873666 17019066 10854600 3106450 3081959 24491 22341306 13991663 8349643 42963 42963 20484722 GIFT ANNUITY OBLIGATIONS, DEPOSITS, ETC. 145276 145276 X 21295000 3092762 1196213 4288975 17006025 0 17006025 20225325 830227 830227 19395098 0 19395098 DESCRIPTION OF HOW ORGANIZATION REPORTS CONSERVATION EASEMENTS: PART II, LINE 9: THE ORGANIZATION FOLLOWS THE SAME METHOD FOR RECORDING EASEMENTS AS IT DOES FOR ITS COLLECTIONS. REFER TO RESPONSE TO SCHEDULE D PART III. PART III, LINE 1A: THE MUSEUM DOES NOT CAPITALIZE COLLECTIONS. 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. ACCORDINGLY, PURCHASED COLLECTION ITEMS ARE EXPENSED IN THE YEAR OF PURCHASE AND NO REVENUE IS RECOGNIZED ON DONATED COLLECTION ITEMS. PART III, LINE 4: THE MUSEUM'S COLLECTIONS INCLUDE 400 WATERCRAFTS (INCLUDING 5 MAJOR VESSELS), 24 HISTORIC HOUSES AND BUILDINGS, 2000 SHIP MODELS, 1100 SCRIMSHAW PIECES, 5000 VIDEO TAPES, 1,500,000 FEET OF HISTORIC FILM AND A COLLECTION OF OVER 1,000,000 PHOTOGRAPHS, AS WELL AS SIGNIFICANT COLLECTIONS OF PRINTS, NAVIGATIONAL INSTRUMENTS, TOOLS, MARINE PAINTINGS AND OTHER MARITIME MEMORABILIA. IN ADDITION, THE COLLECTION CONTAINS LARGE QUANTITIES OF NONNAUTICAL FURNISHINGS FOR THE HISTORIC BUILDINGS, AS WELL AS SHIP AND BOAT PARTS, ENGINES AND SIMILAR OBJECTS. THE MUSEUM'S LIBRARY COLLECTION CONTAINS APPROXIMATELY 75,000 BOOKS AND PERIODICALS, 1,000,000 MANUSCRIPTS, 10,000 MAPS, WELL OVER 100,000 SHIP PLANS, 2,000 ROLLS OF MICROFILM AND 600 ORAL HISTORY TAPES. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT IS TO SUPPORT THE CURRENT AND FUTURE MISSION OF MYSTIC SEAPORT MUSEUM. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE ORGANIZATION HAS NO UNRECOGNIZED TAX BENEFITS AT APRIL 30, 2013. THE MUSEUM'S U.S. FEDERAL INFORMATION AND STATE RETURNS PRIOR TO FISCAL YEAR 2010 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF THE MUSEUM HAD UNRELATED BUSINESS INCOME TAXES, IT WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH ANY TAX MATTERS AS PART OF THE INCOME TAX PROVISION AND INCLUDE ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE STATEMENT OF FINANCIAL POSITION. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 246,481. SPECIAL EVENTS EXPENSES 161,264. COST OF INVENTORY 422,482. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS & TRUSTS 365,986. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 246,481. SPECIAL EVENTS EXPENSES 161,264. COST OF SALES 422,482. X X X X X 1 MARTS & LUNDY 1200 WALL STREET WEST LYNDHURST NJ 07071 FUNDRAISING CONSULTING 0 0 60948 0 60948 CT NY NJ AMERICA AND THE SEA GALA 307050 269450 37600 160664 WMS MYSTIC AUCTION 7568 3216 4352 600 314618 272666 41952 161264 161264 -119312 1 THE WILLIAMS COLLEGE/MYSTIC SEAPORT MARITIME STUDIES PROGRAM OFFERED GRANTS/SCHOLARSHIPS TO FULL TIME COLLEGE STUDENTS BASED ON FINANCIAL NEEDS. 21 224150 THE BRILLIANT AT-SEA SAILING PROGRAM PROVIDED FOR SCHOLARSHIPS TO HIGH SCHOOL STUDENTS 17 11035 THE CONRAD SAILING PROGRAM PROVIDED SCHOLARSHIPS TO YOUNG PEOPLE. 43 8177 FELLOWSHIPS WERE AWARDED FOR SCHOLARLY RESEARCH IN MARITIME STUDIES WHICH INCLUDES MARITIME HISTORY, ART, POLICY, SCIENCE AND LITERATURE FOR BOTH GRADUATE AND UNDERGRADUATE STUDENTS. 8 10930 EDUCATION SUMMER CAMPS 1 142 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: ALL GRANTS AND SCHOLARHIPS ARE AWARDED BASED ON FINANCIAL NEEDS. IN ADDITION, THE GRANTS/SCHOLARSHIPS ARE AWARDED FOR PARTICIPATION IN ONE OF THE ORGANIZATION'S PROGRAMS. THE RECIPIENTS ARE REQUIRED TO ATTEND THE PROGRAMS IN ORDER FOR THE GRANTS/SCHOLARSHIPS TO BE APPLICABLE. X X X 0 0 0 0 0 0 0 0 0 STEPHEN C WHITE 240127 0 0 0 0 0 9820 0 7201 0 257148 0 0 0 MARTHA WITHINGTON 206493 0 0 0 0 0 8566 0 16975 0 232034 0 0 0 SUSAN FUNK 139828 0 0 0 0 0 6099 0 16975 0 162902 0 0 0 X 2 75500 FAIR VALUE X 29 219328 FAIR VALUE X MISCELLANEOUS ITEMS 1 11565 FAIR VALUE X WHEELCHAIRS 1 7009 FAIR VALUE X TENTS 1 7700 FAIR VALUE X GREENERY 1 6000 0 0 1 THIRD PARTY USE: PART I, LINE 32B: THE ORGANIZATION MAINTAINS ACCOUNTS WITH VARIOUS FINANCIAL INSTITUTIONS WHICH ARE USED TO LIQUIDATE DONATED SECURITIES. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS PAY DUES TO JOIN MYSTIC SEAPORT IN ORDER TO ACCESS COLLECTIONS, EXHIBITS AND EDUCATIONAL PROGRAMS. EACH MEMBER SHALL HAVE ONE VOTE WHICH MAY BE GIVEN IN PERSON OR BY PROXY. FORM 990, PART VI, SECTION A, LINE 7A IN ALL CATEGORIES OF MEMBERSHIP, EACH ADULT 18 YEARS OF AGE OR OLDER INCLUDED WITHIN THE MEMBERSHIP SHALL BE SEPARATELY ENTITLED TO VOTE. FORM 990, PART VI, SECTION A, LINE 7B THERE SHALL BE AN ANNUAL MEETING OF THE MEMBERS OF MYSTIC SEAPORT MUSEUM FOR THE ELECTION OF TRUSTEES TO SUCCEED THOSE WHOSE TERMS EXPIRE AND FOR THE TRANSACTION OF SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. SPECIAL MEETINGS OF THE MEMBERS FOR ANY PURPOSE MAY BE CALLED BY (I) THE CHAIRMAN OF THE BOARD OF TRUSTEES, OR (II) THE PRESIDENT, OR (III) IN THEIR ABSENCE, ANY VICE CHAIRMAN OR (IV) A MAJORITY OF THE BOARD OF TRUSTEES, AND SHALL BE CALLED AT ANY TIME BY THE CHAIRMAN OF THE BOARD OF TRUSTEES OR THE PRESIDENT, OR ANY VICE CHAIRMAN OR ANY OTHER OFFICER UPON THE WRITTEN REQUEST OF 100 MEMBERS ENTITLED TO VOTE AT SUCH MEETING. FORM 990, PART VI, SECTION B, LINE 11 THE CFO WILL REVIEW THE FINAL 990 DRAFT FOR COMPLETENESS AND ACCURACY. WHEN SATISFIED THAT THE RETURN IS COMPLETE, IT WILL THEN BE DISTRIBUTED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR THEIR REVIEW. UPON ACCEPTANCE OF THE AUDIT COMMITTEE, THE 990 WILL BE ISSUED. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER AND SENIOR STAFF PERSON SIGNS AND DATES THE CONFLICT OF INTEREST POLICY AT THE BEGINNING OF HIS/HER TERM OF SERVICE AND ANNUALLY THEREAFTER. UPON DISCLOSURE OF A POSSIBLE CONFLICT OF INTEREST TO THE FULL BOARD, THE BOARD SHALL DETERMINE WHETHER A CONFLICT EXISTS AND IF SO THE BOARD SHALL DETERMINE BY MAJORITY VOTE TO AUTHORIZE OR REJECT THE TRANSACTION OR TAKE ANY OTHER ACTION DEEMED NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 A COMPENSATION STUDY OR SURVEY IS USED TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S CEO. THE COMPENSATION IS APPROVED BY THE BOARD OF TRUSTEES . THE CEO IS PROVIDED WITH A WRITTEN EMPLOYMENT CONTRACT. THE CFO'S COMPENSATION IS SET BY THE BOARD OF TRUSTEES USING COMPENSATION SURVEYS AND OTHER RESOURCES. OTHER OFFICER SALARIES ARE DETERMINED BY THE ORGANIZATION'S MANAGEMENT AND APPROVED BY THE BOARD OF TRUSTEES AS PART OF THE BUDGETING PROCESS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, FINANCIAL STATEMENTS ARE PUBLISHED IN AN ANNUAL REPORT, MAILED OUT TO MORE THAN 17,000 MEMBERS AND AVAILABLE ON MYSTIC SEAPORT'S WEBSITE. THE FORM 990 IS ALSO AVAILABLE ON PUBLIC WEBSITES SUCH AS GUIDESTAR.ORG. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CHANGE IN VALUES OF SPLIT-INTEREST AGREEMENTS AND TRUSTS 365,986. FORM 990, PART VII, LINE 2C THERE HAVE BEEN NO CHANGES MADE TO THE ORGANIZATION'S OVERSIGHT PROCESSES OR SELECTION PROCESS DURING THE TAX YEAR.