2012-10-02T15:13:00-05:00 2011-12-31 043037870 BOLLUS LYNCH LLP 89 SHREWSBURY STREET WORCESTER MA 01604 990 2011-01-01 042160642 MARTHA'S VINEYARD MUSEUM INC FKA MARTHA'S VINEYARD HISTORICAL SOCIETY INC MART 5086274441 PO BOX 1310 EDGARTOWN MA 02539 DAVID NATHANS 5086274441 2012-09-20 1 DAVID EATON P00545132 5087557107 2012-09-20 2011 2016-02-24 21:20:13Z DAVID NATHANS PO BOX 1310 EDGARTOWN MA 02539 4406206 0 X WWW.MARTHASVINEYARDHISTORY.ORG X 1923 MA MARTHA'S VINEYARD MUSEUM IS A NON-PROFIT ORGANIZATION ORGANIZED FOR THE PURPOSE OF COLLECTING, PRESERVING, AND OCASSIONALLY PUBLISHING HISTORICAL AND ANALOGOUS MATTERS RELATING TO THE COUNTY OF DUKES COUNTY. 20 20 22 120 0 0 1319271 4140027 94278 127019 4074 10817 12542 14985 1430165 4292848 0 0 0 0 575781 688316 0 0 203596 653368 758873 1229149 1447189 201016 2845659 3554545 5822454 614486 36736 2940059 5785718 X MARTHA'S VINEYARD MUSEUM IS COMMITTED AS A MUSEUM TO INSPIRE INTEREST AND UNDERSTANDING OF THE ISLAND'S UNIQUE HISTORY, CULTURE AND PHYSICAL CHARACTERISTICS BY COLLECTING, PRESERVING AND PRESENTING RELEVANT MATERIALS AND INFORMATION TO A WIDE AUDIENCE. IN ORDER TO ACHIEVE THESE GOALS THE MUSEUM WILL PRESENT EDUCATIONAL PROGRAMS, ADD TO ITS MUSEUM, LIBRARY, AND ARCHIVE COLLECTIONS, ACTIVELY INVOLVE THE PEOPLE OF MARTHA'S VINEYARD, MOUNT EXHIBITIONS ON A VARIETY OF TOPICS, SUPPORT SCHOLARLY RESEARCH, AND PRODUCE PUBLICATIONS. 0 0 603550 142004 MUSEUM & LIBRARY FOR EDUCATION AND RESEARCH OF LOCAL HISTORY. 603550 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 37 0 1 22 1 0 0 0 0 0 1 1 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 0 1 1 0 0 MA X MARGARET E MAYHEW 5086274441 59 SCHOOL STREET EDGARTOWN MA 02539 ELIZABETH BEIM 2.00 X 0 0 0 NAT BENJAMIN 2.00 X 0 0 0 JOHN BOTTS 2.00 X 0 0 0 MARCIA MULFORD CINI 2.00 X 0 0 0 JAMES CURTIS 2.00 X 0 0 0 JOHN R ETTINGER 2.00 X 0 0 0 GAIL FARRISH 2.00 X 0 0 0 SHELDON HACKNEY 2.00 X 0 0 0 CHARLOTTE HALL 2.00 X 0 0 0 MARK CHARLES LAPMAN 2.00 X 0 0 0 JAMES B RICHARDSON III 2.00 X 0 0 0 MARK SNIDER 2.00 X 0 0 0 PAUL WATTS 2.00 X 0 0 0 ELIZABETH HAWES WEINSTOCK 2.00 X 0 0 0 DIRK ZIFF 2.00 X 0 0 0 THOMAS HALE 2.00 X 0 0 0 JOHN A HOWLAND 2.00 X 0 0 0 BERTA WELCH 2.00 X 0 0 0 DAVID NATHANS 50.00 X 122099 0 11740 MARGARET E MAYHEW 40.00 X 57303 0 5814 179402 0 17554 1 0 0 0 0 72880 64645 110561 3891941 4140027 ADMISSIONS AND FEES 900099 127019 127019 127019 10817 10817 101932 64645 101932 0 26411 11426 14985 14985 4292848 142004 0 10817 580579 217980 207605 154994 60423 19924 26620 13879 47314 17079 16627 13608 9140 9140 26057 22965 3092 40044 12868 27176 18891 18891 62237 62237 10757 10757 CAPITAL CAMPAIGN EXPENS 279158 279158 PROGRAMS AND SPECIAL EV 102180 101138 1042 LIGHTHOUSES 85845 85845 COLLECTIONS AND EXHIBIT 23470 23470 101094 40044 39935 21115 1447189 603550 640043 203596 440929 1066553 148578 149359 553135 472845 7305 378 31353 36686 5657 3070 4860142 766579 2361259 4093563 6329 3554545 5822454 38690 36736 575796 614486 36736 X 862325 4569197 1969158 1107945 108576 108576 2940059 5785718 3554545 5822454 2845659 0 X 0 1 1 X 0 X 1035537 852130 482098 1319271 4140027 7829063 1035537 852130 482098 1319271 4140027 7829063 3190389 4638674 14933 11894 5625 4074 10817 47343 7876406 1121669 0.58890 0.94890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 1379032 1379032 1617863 766579 851284 197142 197142 1666105 1666105 4093563 4292848 1447189 2845659 2845659 4127048 113358 113358 4013690 279158 279158 4292848 1281389 113358 113358 1168031 279158 279158 1447189 PART III, LINE 1A: AS ALLOWED BY ACCOUNTING PRINCIPALES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA AND FOLLOWING THE PRACTICES OF MANY MUSEUMS, THE MUSEUM HAS NOT CAPITALIZED ITS COLLECTION OF ITEMS OF HISTORICAL NATURE AND OTHER RELATED OBJECTS PURCHASED OR DONATED. THE COLLECTION IS HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FINANCIAL GAIN. THE MUSEUM CONTINUALLY REVIEWS ITS COLLECTION AND MAY DE-ACCESS OR ACQUIRE ADDITIONAL ITEMS. EXPENDITURES FOR ADDITIONAL COLLECTION ITEMS ARE PRESENTED AS A REDUCTION IN THE APPROPRIATE CLASS OF NET ASSETS. PROCEEDS FROM DE-ACCESSIONS ARE REFLECTED AS INCREASES IN UNRESTRICTED NET ASSETS. PART III, LINE 4: MARTHA'S VINEYARD MUSEUM CONSISTS OF PROPERTY IN WEST TISBURY AND THE EDGARTOWN CAMPUS INCLUDING THE COOKE HOUSE, THE PEASE HOUSE, THE HUNTINGTON LIBRARY/FOSTER GALLERY, THE GAY HEAD LENS, THE CARRIAGE/BOAT SHED AND THE TRY WORKS REPRODUCTION. MARTHA'S VINEYARD MUSEUM ALSO HAS A STEWARDSHIP OF THE GAY HEAD, EAST CHOP AND EDGARTOWN LIGHTHOUSES. MARTHA'S VINEYARD MUSEUM HAS PERMANENT AND CHANGING EXHIBITS THAT EXPLORE THE HISTORY, CULTURE, ART, NATURAL HISTORY AND LANDSCAPE OF MARTHA'S VINEYARD ISLAND. THE MUSEUM AND GALLERY ALSO OFFER A BROAD RANGE OF ADULT AND CHILDREN'S EDUCATIONAL PROGRAMS, EXHIBITS, AND EVENTS TO MEMBERS AND THE GENERAL PUBLIC. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE MUSEUM QUALIFIES AS A TAX-EXEMPT NONPROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME TAX IS REQUIRED. MANAGEMENT ANNUALLY REVIEWS FOR UNCERTAIN TAX POSITIONS ALONG WITH ANY RELATED INTEREST AND PENALTIES AND BELIEVES THAT THE MUSEUM HAS NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL ADVERSE EFFECT, INDIVIDUALLY OR IN THE AGGREGATE UPON THE MUSEUM'S STATEMENT OF FINANCIAL POSITION, OR THE RELATED STATEMENTS OF ACTIVITIES OR CASH FLOWS. THE MUSEUM FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE ASSOCIATION IS NO LONGER SUBJECT TO U.S. FEDERAL INOCME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2007. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 11,426. FUNDRAISING EVENT EXPENSE 101,932. PART XII, LINE 4B - OTHER ADJUSTMENTS: CAPITAL CAMPAIGN EXPENSES 279,158. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 11,426. FUNDRAISING EVENT EXPENSE 101,932. PART XIII, LINE 4B - OTHER ADJUSTMENTS: CAPITAL CAMPAIGN EXPENSES 279,158. FUND RAISING 166577 64645 101932 101932 166577 64645 101932 101932 101932 0 X X 0 0 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 A DRAFT COPY OF THE RETURN WILL BE CIRCULATED TO THE MEMBERS OF THE FINANCE COMMITTEE FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING THE FINAL RETURN. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS MUST NOTIFY THE BOARD WITH ANNUALLY WITH ANY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION IS SET BY REVIEWING JOB RESPONSIBILITIES, LENGTH OF SERVICE, COMPARABLE SALARIES THROUGH NEW ENGLAND MUSEUM ASSOCIATION INFORMATION AND LOCAL COMPARABLES (EMPLOYEES ONLY-OFFICERS AND DIRECTORS ARE NOT COMPENSATED. FORM 990, PART VI, SECTION C, LINE 19 REQUESTS FOR INSPECTION OF THE RETURNS ARE FORWARDED TO THE EXECUTIVE DIRECTOR OR BUSINESS MANAGER WHO MAKE THE NECESSARY ARRANGEMENTS TO PROVIDE ACCESS TO THE RETURNS.