2012-09-27T09:41:19-05:00 2012-03-31 043577120 Riley & Associates PC PO Box 157 Newburyport MA 019500157 990 2011-04-01 042173056 Historical Society of Old Newbury HIST 9784622681 98 High Street Newburyport MA 019503053 Christopher Armstrong 9784622681 2012-09-24 1 Karen Hodge CPA P00441947 9784639350 2012-09-24 2011 2016-02-24 21:20:13Z Christopher Armstrong 98 High Street Newburyport MA 019503053 350585 0 X www.newburyhist.org X 1877 MA The Historical Society of Old Newbury preserves and interprets the history of Old Newbury which includes Newbury, Newburyport, and West Newbury from pre-Columbian times until the present. The Society carries out its mission in part through the ownership and operation of the Cushing House Museum, the Perkins Printing and Engraving Plant, and other historic structures on the Cushing House grounds. The Society furthers its purpose through lectures, exhibits, educational programs, school tours, publications, a research library and through cooperation with area groups interested in local history.The Historical Society of Old Newbury seeks to share historical information to broaden knowledge and appreciation of the past, address historic preservation in the present, and provide a foundation for the future. 20 20 5 160 0 0 48926 61128 23115 13502 -1219 18409 17352 20546 88174 113585 0 0 0 0 101674 98480 0 0 25784 104892 104276 206566 202756 -118392 -89171 1657239 1625693 2235 2120 1655004 1623573 X The Historical Society of Old Newbury preserves and interprets the history of Old Newbury which includes Newbury, Newburyport, and West Newbury from pre-Columbian times until the present. The Society carries out its mission in part through the ownership and operation of the Cushing House Museum, the Perkins Engraving and Printing Plant, and other historic structures on the Cushing House grounds. The Society furthers its purpose through lectures, exhibits, educational programs, school tours, publications, a research library, and through cooperation with area groups interested in local history.The Historical Society of Old Newbury seeks to share historical information to broaden knowledge and appreciation of the past, address historic preservation in the present, and provide a foundation for the future. 0 0 140100 13502 The preservation and exhibition of historic buildings, artwork, artifacts, documents, furniture and photographs relevant to the area through operation of the Cushing House Museum. This is accomplished through lectures, exhibits, educational programs, school tours, publications, a research library, and through cooperation with area groupls interested in local history. 140100 1 1 0 0 0 0 0 1 0 0 1 1 0 0 0 1 1 0 0 0 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 0 1 5 0 5 1 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X X The Organization 9784622681 98 High Street Newburyport MA 01950 X Christopher Armstrong 5.00 X X 0 0 0 Dave Mack 5.00 X X 0 0 0 Margie Gillis 5.00 X X 0 0 0 Mark Moquin 5.00 X X 0 0 0 Lillian Newbert 5.00 X X 0 0 0 Al Clifford 1.00 X X 0 0 0 Kathleen Malynn 1.00 X X 0 0 0 Les Ferlazzo 5.00 X X 0 0 0 Fred Barclay 1.00 X 0 0 0 Martha Bower 1.00 X 0 0 0 Deborah Breen 1.00 X 0 0 0 Deborah Chiaravalloti 1.00 X 0 0 0 Joyce Enderle 1.00 X 0 0 0 Kelly Gray 1.00 X 0 0 0 Katie Haried 1.00 X 0 0 0 Craig Holt 1.00 X 0 0 0 Bruce McCoy 1.00 X 0 0 0 Cathy Strauss 1.00 X 0 0 0 Lois Walker Valeo 1.00 X 0 0 0 Marie Vander Sande 1.00 X 0 0 0 Ruth Yesair 1.00 X 0 0 0 0 0 0 0 0 0 0 0 15615 45513 61128 Program Fees 900099 9108 9108 Publications 900099 2219 2219 Museum Admissions 900099 2160 2160 Deaccessions 900099 15 15 13502 39612 39612 182452 203655 -21203 -21203 -21203 53891 33345 20546 20546 113585 13502 0 38955 78775 59081 3939 15755 13359 10019 668 2672 6346 4760 317 1269 6975 6975 13738 13738 1144 1144 375 375 3057 1376 917 764 1319 989 66 264 91 91 1200 1200 15129 14232 897 Maintenance 16532 13750 2782 Collections 13318 13318 Program Expenses 9024 9024 Utilities 8015 6011 401 1603 14359 7074 3828 3457 202756 140100 36872 25784 250 250 43813 19349 50435 40000 213 307 4259 1591 149065 6565 143700 142500 1414569 1421696 1657239 1625693 1960 2120 275 2235 2120 X 1222202 1290231 291919 192459 140883 140883 1655004 1623573 1657239 1625693 X -89171 57740 X 0 1 1 X 0 X 386670 286885 95777 48926 61128 879386 13307 17220 15312 23115 13502 82456 399977 304105 111089 72041 74630 961842 0 0 0 961842 40393 39210 50517 48229 39612 217961 40393 39210 50517 48229 39612 217961 44270 50586 44070 17352 20546 176824 484640 393901 205676 137622 134788 1356627 0.70900 0.71940 0.16070 0.14110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 140000 140000 0 9065 6565 2500 142500 1421696 F 1421696 113585 202756 -89171 57740 57740 -31431 204670 57740 33345 91085 113585 0 113585 236101 33345 33345 202756 0 202756 Part III, Line 1a: The Society's collection consists of historic buildings, works of art, historical artifacts and furniture. The collections are maintained for public exhibition, education and research in furtherance of public service, rather than for financial gain. In conformity with accounting policies generally followed by museums, the value of the Society's collection has been excluded from the statement of financial position, and gifts of art objects are excluded from revenue in the statement of activities. Purchases of collections and or art objects by the Society are recorded as decreases in net assets in the statement of activities. Proceeds from the sale of collection items (deaccessions) are recorded as temporarily restricted net assets for the acquisition of other collection items. During the fiscal year, the it was voted and adopted by the Board of Directors to accession the buildings and structures previously reported on the balance sheet as fixed assets to the collection of the Historical Society of Old Newbury. The adoption of this policy will bring the Society into conformity with modern museum policy. Part III, Line 4: The Historical Society of Old Newbury's collection includes the historic buildings and stuctures: The Cushing House, Privy Building, Carriage House, Perkins Printing and Engraving Plant, Garden House and the Gothic Garden Bench. The Society's collection consists of historic buildings, works of art, historical artifacts and furniture. The collections are maintained for public exhibition, education and research in furtherance of public service, rather than for financial gain. Description of Uncertain Tax Positions Under FIN 48: Part X: The Society has adopted FASB ASC 740 (formerly known as FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes), with no cumulative effect adjustment. The Society evaluates all significant tax positions as required by generally accepted accounting principles in the United States. As of March 31, 2012, the Society does not believe that it has taken any tax positions that would require the recording of any additional tax liability nor does it believe that there are any unrealized tax benefits that would either increase or decrease within the next twelve months. The Societys tax returns are subject to examination by taxing authorities generally for three years after they were filed. Direct Fundraising Expenses in the amount of $33,345 is deducted from gross fundraising income on the Statement of Revenue in Part VIII on the 990. This amount is not included in gross income on the audited financial Statements. This amount is included in expenses per the audited financial statements but not included in Part IX Statement of Functional Expenses on the 990. Garden Tour 14012 14012 1360 Bury Treasures Auction 39879 39879 31985 53891 53891 33345 33345 20546 Form 990, Part VI, Section B, line 11 A copy of the Form 990 was provided to the Officers and Board of Directors for review and approval prior to its filing. Form 990, Part VI, Section B, line 12c This is achieved through self-reporting by board members and officers. Form 990, Part VI, Section C, line 19 The Society makes its governing documents, policies and financial statements available to the public upon request. The financial statements and Form 990 are also available on the Guidestar website. In addition, the Massachusetts Form PC is available for public viewing on the state website. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Net unrealized gains on investments: 57,740.