2013-05-29T15:42:11-05:00 2012-12-31 560587953 GILLIAM COBLE & MOSER LLP PO BOX 621 BURLINGTON NC 272160621 990 2012-01-01 560629340 GREENSBORO HISTORICAL MUSEUM INC GREE 3363732043 130 SUMMIT AVENUE GREENSBORO NC 27401 TOM MARTIN 3363732043 2013-05-29 1 BERT DAVIS JR P00102185 3362276283 2012 2016-03-07 17:11:31Z TOM MARTIN 130 SUMMIT AVENUE GREENSBORO NC 27401 286745 0 X WWW.GREENSBOROHISTORY.ORG X 1939 NC TO COLLECT, EXHIBIT, CONSERVE AND PRESENT TO THE PUBLIC HISTORICAL ITEMS RELATING TO AREA HISTORY. 31 31 0 158 0 0 158395 159756 0 23193 45490 40627 111365 29880 315250 253456 0 0 0 0 0 0 0 0 128 303976 157372 303976 157372 11274 96084 1495896 1674963 0 0 1495896 1674963 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 116089 49823 THE OPERATION OF THE HISTORICAL MUSEUM AND MUSEUM SHOP ALONG WITH THE PRESENTATION OF EDUCATIONAL EVENTS AND PROGRAMS. 116089 1 1 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 10 0 0 0 0 0 0 0 0 0 0 0 0 X 31 31 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 MARGARET BENJAMIN 5.00 X X 0 0 0 JAY KIRKPATRICK 5.00 X X 0 0 0 ANN KROUPA 5.00 X X 0 0 0 JENNEFER POINDEXTER 5.00 X X 0 0 0 TOM MARTIN 5.00 X X 0 0 0 CARLA UGBORO 5.00 X X 0 0 0 MIKE CAMMACK 1.00 X 0 0 0 BETTY PHIPPS 1.00 X 0 0 0 LARA HEBERLE 1.00 X 0 0 0 ANNE HURD 1.00 X 0 0 0 JIM SCHLOSSER 1.00 X 0 0 0 BRIAN CLARIDA 1.00 X 0 0 0 JIM RUCKER 1.00 X 0 0 0 CHARM EDMISTON 1.00 X 0 0 0 KEN BETHEA 1.00 X 0 0 0 MICHELLE DAVIS 1.00 X 0 0 0 REED HOLMES 1.00 X 0 0 0 LEE MORTENSEN 1.00 X 0 0 0 JUDITH PARKER 1.00 X 0 0 0 GAYLE FRIPP 1.00 X 0 0 0 SAM SIMPSON 1.00 X 0 0 0 LISA ANDERSON 1.00 X 0 0 0 PAM MURPHY 1.00 X 0 0 0 PATRICK HAYWOOD 1.00 X 0 0 0 CHERYL MCQUEARY 1.00 X 0 0 0 GAIL MURPHY 1.00 X 0 0 0 SUSAN SCHWARTZ 1.00 X 0 0 0 SHERI MASTERS 1.00 X 0 0 0 BRITT PREYER 1.00 X 0 0 0 LINDSAY MORRIS 1.00 X 0 0 0 DAVID KOLOSIEKE 1.00 X 0 0 0 0 0 0 0 0 0 0 0 49901 109855 159756 EDUCATIONAL EVENTS 900099 23193 23193 23193 40627 40627 4000 750 3250 3250 59169 32539 26630 26630 253456 49823 0 43877 27308 1366 25942 2136 107 2029 10858 10858 12335 11832 402 101 35 35 228 228 4726 4726 23845 12882 10963 EDUCATIONAL EVENTS EXPE 30899 30899 GIFT SHOP SERVICES 29290 29290 ACQUISITIONS/ENHANCEMEN 10862 10862 BANK SERVICE CHARGES 3501 2626 875 1349 378 944 27 157372 116089 41155 128 739470 347817 22253 21411 321764 256134 68994 65630 665179 1240105 1495896 1674963 0 0 X 670907 732345 559936 676790 265053 265828 1495896 1674963 1495896 1674963 96084 82983 0 X X 0 1 X 1 0 X 503415 152456 88503 142668 159756 1046798 96623 74345 76566 93555 86362 427451 600038 226801 165069 236223 246118 1474249 0 0 0 1474249 52564 34980 20177 57410 40627 205758 52564 34980 20177 57410 40627 205758 652602 261781 185246 293633 286745 1680007 0.87750 0.88700 0.12250 0.11300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 665983 7065 99817 29252 -10929 732684 729007 300 -23809 28073 -11442 -1793 665983 663778 1300 100922 26348 -10645 -873 729007 546733 0 153008 26621 -9342 -6043 663778 625517 0 -194641 24851 -9344 -5907 546733 0.51600 0.36300 0.12100 1 0 116341 55297 61044 205423 200837 4586 65630 LONG TERM INVESTMENTS 1240105 F 1240105 369728 82983 33289 116272 253456 0 253456 190661 33289 33289 157372 0 157372 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 32,539. FUNDRAISING EXPENSE REPORTED ON PAGE 9, LINE 8B 750. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD REPORTED ON PAGE 9, LINE 10B 32,539. FUNDRAISING EXPENSE REPORTED ON PAGE 9, LINE 8B 750. X 86 REVENUE NOT RECOGNIZED 0 1 0 NON REPORTING OF REVENUE: 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 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. ACCOUNTING METHOD 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.