LYNN HISTORICAL SOCIETY INC: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- LYNN HISTORICAL SOCIETY INC (EIN 04-2269520)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-11-17
- IRS object ID
- 201443219349102184
- Schema version
- 2013v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Compensation Explanation
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Sales Of Inventory List
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-11-17T13:38:12-06:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 043395132 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DAN CLASBY & COMPANY | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 CUMMINGS CENTER SUITE 238C | AddressLine1 |
| City | BEVERLY | City |
| State | MA | State |
| ZIP Code | 01915 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042269520 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LYNN MUSEUM AND HISTORICAL SOCIETY | BusinessNameLine1 |
| Business Name Line2 | INC | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LYNN | BusinessNameControlTxt |
| Phone | 7815816200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 590 WASHINGTON STREET | AddressLine1 |
| City | LYNN | City |
| State | MA | State |
| ZIP Code | 01901 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOSEPH SCANLON | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7815816200 | PhoneNum |
| Signature | 2014-11-17 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DANIEL E CLASBY | PreparerPersonNm |
| PTIN | P01269589 | PTIN |
| Phone | 9789229900 | PhoneNum |
| Preparation | 2014-11-17 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-12-30 17:16:21Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,980,714 | FMVAssetsEOYAmt |
| Method Of Accounting Other | Yes (X) | MethodOfAccountingOtherInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $509,821 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $175 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $175 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $175 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $21,345 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $21,345 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $21,345 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $19,762 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $19,762 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $19,762 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $15,332 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $38,950 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $38,950 | GrossSalesPriceAmt |
| Gross Sales Less Ret And Allwnc | $19,220 | GrossSalesLessRetAndAllwncAmt |
| Cost Of Goods Sold | $10,099 | CostOfGoodsSoldAmt |
| Gross Profit Rev And Expnss | $9,121 | GrossProfitRevAndExpnssAmt |
| Gross Profit Adj Net Incm | $9,121 | GrossProfitAdjNetIncmAmt |
| Other Income Rev And Expnss | $60,737 | OtherIncomeRevAndExpnssAmt |
| Other Income Adj Net Incm | $60,737 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $659,911 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $41,282 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $111,140 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $52,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $83,034 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $83,034 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $13,358 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $13,358 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $2,907 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $2,907 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $9,040 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $9,040 | OtherProfFeesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $18,136 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $38,135 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $38,135 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $129,359 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $4,430 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $13,508 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $115,851 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $345,969 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $13,470 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $13,508 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $253,285 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $12,058 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $12,058 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $358,027 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $13,470 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $13,508 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $265,343 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $301,884 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $27,812 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $97,632 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $9,977 | CashBOYAmt |
| Cash EOY | $12,051 | CashEOYAmt |
| Cash EOYFMV | $12,051 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $271,256 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $199,133 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $199,133 | SavAndTempCashInvstEOYFMVAmt |
| Inventories BOY | $22,700 | InventoriesBOYAmt |
| Inventories EOY | $19,800 | InventoriesEOYAmt |
| Inventories EOYFMV | $19,800 | InventoriesEOYFMVAmt |
| Corporate Stock BOY | $523,878 | CorporateStockBOYAmt |
| Corporate Stock EOY | $624,535 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $624,535 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $241,361 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $195,012 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $195,012 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $55,208 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $421,699 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $421,699 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $508,484 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $97,784 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $348,256 | LandBOYAmt |
| Land EOY | $410,700 | LandEOYAmt |
| Land EOYFMV | $508,484 | LandEOYFMVAmt |
| Total Assets BOY | $1,472,636 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,882,930 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,980,714 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $430 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $2,210 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $430 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,210 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $858,104 | UnrestrictedBOYAmt |
| Unrestricted EOY | $1,346,365 | UnrestrictedEOYAmt |
| Temporarily Restricted BOY | $271,256 | TemporarilyRestrictedBOYAmt |
| Temporarily Restricted EOY | $191,509 | TemporarilyRestrictedEOYAmt |
| Permanently Restricted BOY | $342,846 | PermanentlyRestrictedBOYAmt |
| Permanently Restricted EOY | $342,846 | PermanentlyRestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,472,206 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,880,720 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,472,636 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,882,930 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,472,206 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $301,884 | ExcessRevenueOverExpensesAmt |
| Other Increases | $106,630 | OtherIncreasesAmt |
| Subtotal | $1,880,720 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $1,880,720 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt Operating Foundations | Yes (X) | ExemptOperatingFoundationsInd |
| Ruling Letter | 1972-05-25 | RulingLetterDt |
| Not Applicable | N/A | NotApplicableCd |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | LYNNMUSEUM.ORG | WebsiteAddressTxt |
| Individual With Books | KATE LUCHINI | IndividualWithBooksNm |
| Phone | 7815816200 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 590 WASHINGTON ST | AddressLine1 |
| City | LYNN | City |
| State | MA | State |
| ZIP Code | 01901 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| JOSEPH SCANLON | ||||||||
| 236 PARKLAND AVENUE | LYNN | MA | 01905 | PRESIDENT | 2.00 | $0 | $0 | $0 |
| KATHERINE LUCHINI | ||||||||
| 590 WASHINGTON ST | LYNN | MA | 01901 | DIRECTOR | 40.00 | $52,000 | $0 | $0 |
| TIMOTHY RING | ||||||||
| 52 SARATOGA STREET | LYNN | MA | 01902 | 1ST VP | 2.00 | $0 | $0 | $0 |
| SUSAN MCFARLANE | ||||||||
| 21 EUCLID AVENUE | LYNN | MA | 01904 | REC SECRETAR | 2.00 | $0 | $0 | $0 |
| STEVEN BABBITT | ||||||||
| 31 MANSON STREET | LYNN | MA | 01902 | TREASURER | 2.00 | $0 | $0 | $0 |
| SUE KREAMER | ||||||||
| 303 LYNNFIELD STREET | PEABODY | MA | 01960 | ASST TREASUR | 2.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE SOCIETY SELLS BOOKS AND OTHER ART RELATED ITEMS RELATED TO ITS EXEMPT PURPOSE TO PRESERVE THE HISTORY OF THE CITY OF LYNN. | Description1Txt |
| Expenses1 | $348,971 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,030,846 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $245,030 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $435,000 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,710,876 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $1,710,876 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $25,663 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,685,213 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $84,261 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $265,343 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $265,343 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $265,343 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Qualifying Distributions | $265,343 | QualifyingDistributionsAmt |
| Remaining Distri From Corpus | $265,343 | RemainingDistriFromCorpusAmt |
| Total Corpus | $265,343 | TotalCorpusAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $84,261 | CurrentYearAmt |
| Year1 | $68,096 | Year1Amt |
| Year2 | $53,683 | Year2Amt |
| Year3 | $49,988 | Year3Amt |
| Total | $256,028 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $71,622 | CurrentYearAmt |
| Year1 | $57,882 | Year1Amt |
| Year2 | $45,631 | Year2Amt |
| Year3 | $42,490 | Year3Amt |
| Total | $217,625 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $265,343 | CurrentYearAmt |
| Year1 | $268,951 | Year1Amt |
| Year2 | $217,422 | Year2Amt |
| Year3 | $190,978 | Year3Amt |
| Total | $942,694 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $265,343 | CurrentYearAmt |
| Year1 | $268,951 | Year1Amt |
| Year2 | $217,422 | Year2Amt |
| Year3 | $190,978 | Year3Amt |
| Total | $942,694 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $56,174 | CurrentYearAmt |
| Year1 | $45,397 | Year1Amt |
| Year2 | $35,789 | Year2Amt |
| Year3 | $45,674 | Year3Amt |
| Total | $183,034 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | LYNN ARTS | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 25 EXCHANGE STREET | AddressLine1 |
| City | LYNN | City |
| State | MA | State |
| ZIP Code | 01901 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Or Contribution Purpose | DONATION | GrantOrContributionPurposeTxt |
| Amt | $12,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $12,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Rev Part VII ProgramServiceRevPartVIIGrp (5 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| PROGRAM REVENUE & ADMISSIONS | 2 | $22,280 |
| DE-ACCESSIONED ITEMS SALES | 5 | $23,120 |
| RESEARCH & REPRODUCTION INC | 2 | $2,418 |
| LYNN ARTS MGMT FEE INCOME | 3 | $412 |
| MISCELLANEOUS PROG INC | 1 | $500 |
Membership Dues And Assmnt MembershipDuesAndAssmntGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 3 | ExclusionCd |
| Exclusion | $12,007 | ExclusionAmt |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $175 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $21,345 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $15,332 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $38,950 | RelatedOrExemptFunctionIncmAmt |
Gross Profit Loss Sls Of Invntry GrossProfitLossSlsOfInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 26 | ExclusionCd |
| Exclusion | $9,121 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $106,710 | ExclusionAmt |
| Related Or Exempt Function Incm | $38,950 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $145,660 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Compensation Explanation CompensationExplanation
Compensation Explanation CompensationExplanationGrp (6 entries)
| JOSEPH SCANLON |
| KATHERINE LUCHINI |
| TIMOTHY RING |
| SUSAN MCFARLANE |
| STEVEN BABBITT |
| SUE KREAMER |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | DEPRECIATION | PropertyDesc |
| Current Year Expense | $18,136 | CurrentYearExpenseAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)
| AssetAssetDesc | AcquiredAcquiredDt | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|
| REALIZED GAINS | 2011-12 | PURCHASE | 2013-12 | $30,685 | $30,685 |
| REALIZED GAINS | 2013-01 | PURCHASE | 2013-12 | $8,265 | $8,265 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | EASTERN BANK TRUST ACCOUNT | BondNm |
| EOY Book Value | $195,012 | EOYBookValueAmt |
| EOYFMV | $195,012 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | EASTERN BANK TRUST ACCOUNT | StockNm |
| EOY Book Value | $624,535 | EOYBookValueAmt |
| EOYFMV | $624,535 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | MUTUAL FUNDS/MONEY MKT FUND | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $421,699 | BookValueAmt |
| EOYFMV | $421,699 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cost Or Other Basis | $508,484 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $97,784 | AccumulatedDepreciationAmt |
| Book Value | $410,700 | BookValueAmt |
| EOYFMV | $508,484 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT LEGAL FEES | CategoryTxt |
| Legal Fees | $2,907 | LegalFeesAmt |
| Disbursements Charitable Prps | $2,907 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (25 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| MUSEUM SHOP SALES | ||||
| SUPPLIES | $9,078 | $9,078 | ||
| RENTALS | ||||
| OTHER EXPENSES | $4,430 | $4,430 | $4,430 | |
| EXPENSES | ||||
| COMPUTER MAINTENANCE | $5,329 | $5,329 | ||
| CONSULTING SERVICES | $3,840 | $3,840 | ||
| CONTRACT SERVICES | $4,194 | $4,194 | ||
| CREDIT CARD & BANK FEES | $1,589 | $1,589 | ||
| EXHIBITS, ARCHIVES & COLLECTI | $5,979 | $5,979 | ||
| FUNDRAISING EXPENSES | $16 | $16 | ||
| GRANT EXPENSE | $38,498 | $38,498 | ||
| INSURANCE | $9,689 | $9,689 | ||
| MUSEUM DISPLAY | $10,000 | $10,000 | ||
| MARKETING AND DEVELOPMENT | $1,760 | $1,760 | ||
| MEMBERSHIP EXPENSES | $481 | $481 | ||
| MISCELLANEOUS | $339 | $339 | ||
| OFFICE SUPPLIES | $8,891 | $8,891 | ||
| PAYROLL PROCESSING FEES | $1,254 | $1,254 | ||
| POSTAGE AND SHIPPING | $2,783 | $2,783 | ||
| PROFESSIONAL DUES | $2,790 | $2,790 | ||
| PROGRAM EXPENSES | $13,811 | $13,811 | ||
| EQUIPMENT LEASE | $2,865 | $2,865 | ||
| MEETINGS & CONFERENCES | $1,518 | $1,518 | ||
| RESEARCH & PHOTO EXPENSE | $225 | $225 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| PROGRAM REVENUE & ADMISSIONS | $22,280 | $22,280 |
| DE-ACCESSIONED ITEMS SALES | $23,120 | $23,120 |
| RESEARCH & REPRODUCTION INC | $2,418 | $2,418 |
| LYNN ARTS MGMT FEE INCOME | $412 | $412 |
| MISCELLANEOUS PROG INC | $500 | $500 |
| MEMBERS DUES | $12,007 | $12,007 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | UNREALIZED GAINS ON INVESTMENTS | Description |
| Amount | $106,630 | Amount |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| SALES TAX PAYABLE | $330 | $235 |
| SECURITY DEPOSIT | $100 | $1,975 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $9,040 | Amt |
| Net Investment Income | $9,040 | NetInvestmentIncomeAmt |
Sales Of Inventory List SalesOfInventoryList
Inventory Sale InventorySaleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MUSEUM SHOP SALES | CategoryTxt |
| Gross Sales | $19,220 | GrossSalesAmt |
| Cost Of Goods Sold | $10,099 | CostOfGoodsSoldAmt |
| Net | $9,121 | NetAmt |
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