2014-07-07T07:29:11-05:00 2013-12-31 560587953 GILLIAM COBLE & MOSER LLP PO BOX 621 BURLINGTON NC 272160621 990 2013-01-01 560629340 GREENSBORO HISTORICAL MUSEUM INC GREE 3363732043 130 SUMMIT AVENUE GREENSBORO NC 27401 TOM MARTIN TREASURER 3363732043 2014-07-07 1 J BRADLEY MOSER P00024209 3362276283 2013 2015-11-30 17:44:51Z COURTNEY AGEON 130 SUMMIT AVENUE GREENSBORO NC 27401 209518 0 X WWW.GREENSBOROHISTORY.ORG X 1939 NC TO COLLECT, EXHIBIT, CONSERVE AND PRESENT TO THE PUBLIC HISTORICAL ITEMS RELATING TO AREA HISTORY. 29 29 0 75 0 0 159756 82450 23193 28990 40627 53932 29880 11017 253456 176389 0 0 0 0 0 0 0 0 53 157372 197928 157372 197928 96084 -21539 1674963 1851520 0 0 1674963 1851520 THE GREENSBORO HISTORICAL MUSEUM, INC. IS A NOT-FOR-PROFIT ORGANIZATION SERVING THE PIEDMONT AND SURROUNDING COMMUNITIES, WHICH IS COMMITTED TO COLLECTING, EXHIBITING, CONSERVING AND PRESENTING TO THE PUBLIC HISTORICAL ITEMS RELATING TO AREA HISTORY. 0 0 142706 39138 THE OPERATION OF THE HISTORICAL MUSEUM AND MUSEUM SHOP ALONG WITH THE PRESENTATION OF EDUCATIONAL EVENTS AND PROGRAMS. 142706 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 11 0 0 0 0 0 0 0 0 0 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NC X X CAROL HART 3363732306 130 SUMMIT AVENUE GREENSBORO NC 27401 X JAY KIRKPATRICK PRESIDENT 5.00 X X 0 0 0 LISA ANDERSON VICE PRESIDENT 5.00 X X 0 0 0 TOM MARTIN TREASURER 5.00 X X 0 0 0 BRITT PREYER ASSISTANT TREASURER 5.00 X X 0 0 0 ANN KROUPA SECRETARY 5.00 X X 0 0 0 CHAM EDMISTON ASSISTANT SECRETARY 5.00 X X 0 0 0 COURTNEY AGEON TRUSTEE 1.00 X 0 0 0 MARGARET BENJAMIN TRUSTEE 1.00 X 0 0 0 BONITA BROWN TRUSTEE 1.00 X 0 0 0 MIKE CAMMACK TRUSTEE 1.00 X 0 0 0 CHRIS CARLSON TRUSTEE 1.00 X 0 0 0 TROY CHISOLM TRUSTEE 1.00 X 0 0 0 BRIAN CLARIDA TRUSTEE 1.00 X 0 0 0 MARILYN COTTON-MCMICHAEL TRUSTEE 1.00 X 0 0 0 MICHELLE DAVIS TRUSTEE 1.00 X 0 0 0 GAYLE FRIPP TRUSTEE 1.00 X 0 0 0 TYSON HAMMER TRUSTEE 1.00 X 0 0 0 PATRICK HAYWOOD TRUSTEE 1.00 X 0 0 0 LARA HEBERLE TRUSTEE 1.00 X 0 0 0 ANNE HURD TRUSTEE 1.00 X 0 0 0 SHERI MASTERS TRUSTEE 1.00 X 0 0 0 CHERYL MCQUEARY TRUSTEE 1.00 X 0 0 0 LINDSEY MORRIS TRUSTEE 1.00 X 0 0 0 GAIL MURPHY TRUSTEE 1.00 X 0 0 0 JUDITH PARKER TRUSTEE 1.00 X 0 0 0 BETTY PHIPPS TRUSTEE 1.00 X 0 0 0 JENNIFER POINDEXTER TRUSTEE 1.00 X 0 0 0 JIM RUCKER TRUSTEE 1.00 X 0 0 0 JIM SCHLOSSER TRUSTEE 1.00 X 0 0 0 0 0 0 0 0 0 0 0 53185 29265 82450 EDUCATIONAL EVENTS 900099 28990 28990 28990 59822 59822 5890 -5890 -5890 -5890 1150 281 869 869 37106 26958 10148 10148 176389 39138 0 54801 24235 1212 23023 23679 1184 22495 350 17 333 4311 4311 11308 8995 2272 41 1607 1607 4953 4953 19291 12882 6409 ACQUISITIONS/ENHANCEMEN 37360 37360 EDUCATIONAL EVENTS EXPE 29522 29522 GIFT SHOP SERVICES 16433 16433 WEBSITE 13490 13490 11389 10740 637 12 197928 142706 55169 53 347817 233837 21411 23097 308850 254063 65630 54787 1240105 1539799 1674963 1851520 0 0 X 732345 800853 676790 783679 265828 266988 1674963 1851520 1674963 1851520 -21539 198096 0 X X 0 1 X 1 0 X 152456 88503 142668 159756 82450 625833 74345 76566 93555 86362 66096 396924 226801 165069 236223 246118 148546 1022757 0 0 0 1022757 34980 20177 57410 40627 59822 213016 34980 20177 57410 40627 59822 213016 261781 185246 293633 286745 208368 1235773 0.82760 0.87750 0.17240 0.12250 X X X X X 0 732324 140103 28264 -12823 831340 665983 6705 99817 29252 -10929 732324 729007 300 -23809 28073 -11442 -1793 665983 663778 1300 100922 26348 -10645 -873 729007 546733 153008 26621 -9342 -6043 663778 0.51700 0.36300 0.12000 1 0 103427 51182 52245 205423 202881 2542 54787 LONG TERM INVESTMENTS 1539799 F 1539799 401724 198096 27239 225335 176389 0 176389 225167 27239 27239 197928 0 197928 PART III, LINE 1A: THE MUSEUM'S COLLECTIONS OF ARTIFACTS AND EXHIBIT MATERIALS ARE NOT INCLUDED IN THE ACCOMPANYING STATEMENT OF ASSETS, LIABILITIES, AND NET ASSETS, IN CONFORMITY WITH PRACTICES FOLLOWED BY MOST MUSEUMS. PURCHASED ARTIFACTS AND EXHIBIT MATERIALS ARE REFLECTED IN THE ACCOMPANYING STATEMENT OF ACTIVITIES AS AN EXPENSE IN THE YEAR OF ACQUISITION. COLLECTIONS ARE CATALOGUED BY CATEGORY TYPE AND INSURED AT A VALUE OF APPROXIMATELY $5,035,000. ONE-OF-A-KIND, IRREPLACEABLE HISTORICAL ITEMS ARE INSURED AT ORIGINAL COST OR DONATED MARKET VALUE. PART III, LINE 4: ARCHIVAL, TEXTILE AND THREE DIMENSIONAL. THEY PRESERVE THE PAST FOR FUTURE GENERATIONS TO VIEW AND EXPERIENCE. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD REPORTED ON PAGE 9, LINE 10B 26,958. FUNDRAISING EXPENSE REPORTED ON PAGE 9, LINE 8B 281. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD REPORTED ON PAGE 9, LINE 10B 26,958. FUNDRAISING EXPENSE REPORTED ON PAGE 9, LINE 8B 281. X 77 REVENUE NOT RECOGNIZED 0 1 0 PART I, LINE 33: THE VALUE OF DONATIONS OF HISTORICAL ARTIFACTS AND EXHIBIT MATERIALS ARE NOT INCLUDED IN REVENUES BECAUSE THESE MATERIALS ARE NOT INCLUDED ON THE BALANCE SHEET AS ASSETS. THIS IS A PRACTICE FOLLOWED BY MANY MUSEUMS. FORM 990, PART I LINE 19 THE NEGATIVE NET INCOME REFLECTED ON PAGE 1 OF THE FORM 990, DOES NOT REFLECT UNREALIZED GAINS FOR THE YEAR OF $198,096, AS THESE ARE NOT REPORTED AS INCOME ON THE RETURN. WERE THE UNREALIZED GAINS INCLUDED ON PAGE 1, NET INCOME WOULD BE $176,557 FOR 2013. THESE UNREALIZED GAINS ARE INCLUDED IN RECONCILIATIONS ON BOTH PAGE 12 OF THE 990 AS WELL AS SCHEDULE D PAGE 4. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION'S TREASURER MEETS WITH THE TAX RETURN PREPARERS TO DISCUSS AND GO OVER THE TAX RETURN. THE RETURN IS THEN REVIEWED BY THE MUSEUM'S FINANCE COMMITTEE AND THEN PRESENTED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL CONFLICT OF INTEREST STATEMENTS ARE KEPT ON FILE FOR REFERENCE ON AN AS NEEDED BASIS WHEN QUESTIONS ARISE. FORM 990, PART VI, SECTION B, LINE 15 SALARIES FOR THE EXECUTIVE DIRECTOR AND OTHER MANAGEMENT OF THE GREENSBORO HISTORICAL MUSEUM ARE PAID BY THE CITY OF GREENSBORO. THE CITY OF GREENSBORO DOES AN ANNUAL REVIEW OF THESE SALARIES. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY AND YEAR'S FINANCIAL STATEMENTS MAY BE MADE AVAILABLE UPON REQUEST. THE ORGANIZATION'S GOVERNING DOCUMENTS (ON FILE WITH THE NC SECRETARY OF STATE) ARE NOT NORMALLY PROVIDED. FORM 990, PART XII, LINE 1 THE MUSEUM MAINTAINS ITS BOOKS AND FILES ITS TAX RETURNS USING THE MODIFIED CASH METHOD. ITS FINANCIAL STATEMENTS HAVE BEEN PREPARED USING THIS METHOD. ACCORDINGLY, REVENUES AND EXPENSES ARE RECOGNIZED ON THE BASIS OF CASH RECEIPTS AND DISBURSEMENTS, MODIFIED TO INCLUDE A PROVISION FOR DEPRECIATION, FIXED ASSET ACQUISITION, INVENTORY, AND THE VALUATION OF INVESTMENTS AT FAIR MARKET VALUE. CONSEQUENTLY, CERTAIN REVENUE AND THE RELATED ASSETS ARE RECOGNIZED WHEN RECEIVED RATHER THAN WHEN EARNED AND CERTAIN EXPENSES ARE RECOGNIZED WHEN PAID RATHER THAN WHEN THE OBLIGATIONS ARE INCURRED. GIFTS OF PROPERTY, OTHER THAN STOCKS, ARE NOT REFLECTED IN THE INCOME OF THE FINANCIAL STATEMENTS.