2014-05-14T15:11:20-05:00 2013-06-30 043108635 LEONARD MULHERIN & GREENE PC 625 GROVE STREET BRAINTREE MA 02184 990 2012-07-01 203069102 FULLER CRAFT MUSEUM INC FULL 5085886000 455 OAK STREET BROCKTON MA 02301 JONATHAN FAIRBANKS 5085886000 2014-05-14 1 STEPHEN M SNOW P00641289 7813564800 2012 2015-11-30 17:44:51Z JONATHAN FAIRBANKS 455 OAK STREET BROCKTON MA 02301 581727 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. 13 12 37 85 0 0 597156 250199 279979 198058 32814 15188 103055 102250 1013004 565695 0 0 0 0 755003 470950 0 0 195680 904243 637303 1659246 1108253 -646242 -542558 2760724 2390278 256311 210437 2504413 2179841 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 246127 113522 COLLECTIONS AND EXHIBITIONS 11027 36080 MUSEUM SCHOOL AND EDUCATION 82246 108661 GIFT SHOP 392381 48456 FACILITIES AND RENTALS 392381 48456 731781 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 31 0 37 1 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 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 1.00 X X 0 0 0 JAY STANGER 1.00 X X 0 0 0 LAURA KELLY 1.00 X X 0 0 0 GEORGE MCMILLAN 1.00 X X 0 0 0 KATHERINE GLOVER 1.00 X X 0 0 0 FLEUR BRESLER 1.00 X 0 0 0 JACK HOBBS 1.00 X 0 0 0 DIANE REMIN 1.00 X 0 0 0 BERNARD PUCKER 1.00 X 0 0 0 SARAH RICHARDS 1.00 X 0 0 0 ALEXANDER ROMM RYSMAN 1.00 X 0 0 0 ADELENE ELLENBERG 1.00 X 0 0 0 BINH PHO 1.00 X 0 0 0 JONATHAN FAIRBANKS 40.00 X 26381 0 4783 26381 0 4783 0 0 0 0 0 7794 242405 250199 MEMBERSHIPS 611600 74425 74425 ADMISSIONS AND TOURS 611600 39097 39097 FEE INCOME 611600 36080 36080 RENTAL INCOME 611600 30526 30526 TRAVELING EXHIBITIONS 611600 17930 17930 198058 15188 15188 108661 16032 92629 92629 INSURANCE PROCEEDS 900099 9621 9621 9621 565695 305875 0 9621 373940 227654 59693 86593 48412 20972 18064 9376 48598 29384 11139 8075 9018 9018 1240 1240 13500 13500 89131 66249 6372 16510 90652 48258 2134 40260 26474 11953 4594 9927 105252 105252 6881 4876 218 1787 3767 3767 87125 87125 31333 31333 ART PURCHASES, TRANSPOR 51665 50597 1068 COMMISSION ON ART SALES 43659 43588 71 RECEPTIONS 24075 12994 1071 10010 OTHER EXPENSES 11542 5547 5895 100 41989 17332 12683 11974 1108253 731781 180792 195680 86204 39492 417450 384813 4545 0 47671 16733 2835542 1957273 941775 878269 1263079 1070971 2760724 2390278 155670 94574 641 25863 100000 90000 256311 210437 X 895960 744407 1608453 1435434 2504413 2179841 2760724 2390278 X -542558 4105 3547 -2232 212566 X 0 1 X 1 0 X 887770 458196 1061052 597156 250199 3254373 511266 513899 568444 400464 316340 2310413 1399036 972095 1629496 997620 566539 5564786 0 0 0 5564786 80690 60396 48072 32814 15188 237160 80690 60396 48072 32814 15188 237160 1479726 1032491 1677568 1030434 581727 5801946 0.95910 0.94890 0.04090 0.05110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 88609 88609 2176931 1493235 683696 390370 299235 91135 179632 164803 14829 878269 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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, 2013, 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 2010. CHRIS RIFKIN GENERAL OPERATIONS X 100000 90000 0 1 1 90000 M MCMILLAN SON OF BOARD MEMBER 23079 M. MCMILLAN IS THE SON OF GEORGE MCMILLAN, BOARD MEMBER. M. MCMILLAN WAS PAID COMPENSATION OF $18,000 AND BENEFITS OF $5,079 AS AN EMPLOYEE OF THE ORGANIZATION. 0 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: OPERATING TRANSFER FROM MYRON L. FULLER TRUST 212,566.