2012-12-20T16:01:22-06:00 2012-03-31 010440155 RUNYON KERSTEEN OUELLETTE 20 LONG CREEK DRIVE SOUTH PORTLAND ME 04106 990 2011-04-01 020260158 STRAWBERY BANKE MUSEUM STRA 6034331100 PO BOX 300 PORTSMOUTH NH 038020300 LAWRENCE YERDON 6034331100 2012-12-20 1 THOMAS EMERY P00532592 2077732986 2011 2016-02-24 21:20:13Z LAWRENCE YERDON PO BOX 300 PORTSMOUTH NH 038020300 3852294 0 X WWW.STRAWBERYBANKE.ORG X 1967 NH THE MUSEUM'S MISSION IS TO PROMOTE UNDERSTANDING OF THE LIVES OF INDIVIDUALS AND THE VALUE OF COMMUNITY THROUGH ENCOUNTERS WITH THE HISTORY AND ONGOING PRESERVATION OF A NEW ENGLAND SEAPORT NEIGHBORHOOD. ANNUALLY, THE MUSEUM SERVES 65,000 INDIVIDUALS OF ALL AGES WITH A VARIED AND EXTENSIVE SCHEDULE OF EDUCATIONAL PROGRAMS. 19 19 115 250 0 0 1144376 1707872 595669 577760 775596 149882 214646 304600 2730287 2740114 0 0 0 0 1329578 1303810 0 0 190868 994017 1038331 2323595 2342141 406692 397973 8220767 8448366 197459 166356 8023308 8282010 X THE MUSEUM'S MISSION IS TO PROMOTE UNDERSTANDING OF THE LIVES OF INDIVIDUALS AND THE VALUE OF COMMUNITY THROUGH ENCOUNTERS WITH THE HISTORY AND ONGOING PRESERVATION OF A NEW ENGLAND SEAPORT NEIGHBORHOOD.SIGNIFICANT ACTIVITIES: SCHOOL PROGRAMS FOR 10,000+ STUDENTS INCLUDING A PROGRAM FOR UNDERSERVED/UNDER-PERFORMING NH, ME AND MA SCHOOLS; MISSION-DRIVEN EVENTS IN COLLABORATION WITH THE HARBOR LIGHT STAGE COMPANY, PRESCOTT PARK ARTS FESTIVAL, 3S [CONTEMPORARY ARTS GROUP], THE MUSEUM'S NEIGHBORHOOD ASSOCIATION & GUNDALOW COMPANY; INTERNSHIP PROGRAMS FOR UNDERGRADUATE AND GRADUATE STUDENTS; ON-GOING RESTORATION PROGRAM; AND INTERACTIVE INTERPRETIVE EXPERIENCE FOR 25,000+ SEASONAL VISITORS TO THE SITE. 0 0 1614900 679407 STRAWBERY BANKE MUSEUM [SBM] IS AN OUTDOOR LIVING HISTORY MUSEUM IN PORTSMOUTH, NH. - IT INTERPRETS 400-YEAR HISTORY OF A SEAPORT COMMUNITY. SBM PRESERVES AND MAINTAINS THIRTY-EIGHT HISTORIC STRUCTURES, TWO MODERN BUILDINGS - THE TYCO VISITORS CENTER AND THE CARTER COLLECTIONS CENTER, EXTENSIVE PERIOD GARDENS, A LARGE ARCHAEOLOGY COLLECTION [1774 UNITS], AND AN EXTENSIVE COLLECTION OF ARTIFACTS [25,000+] DATING FROM THE PERIOD 1653 TO 1960. NINETEEN OF THE HISTORIC STRUCTURES ARE RESTORED AND OPEN TO THE PUBLIC. SBM PRODUCED AN EXTENSIVE AND VARIED EDUCATIONAL PROGRAM FOR 74,849 VISITORS. THE SITE IS LISTED ON THE NATIONAL REGISTER OF HISTORIC PLACES. LARGEST PROGRAM SERVICES: SCHOOL PROGRAMS AND OFFERINGS FOR FAMILIES SERVE 12,000+ ANNUALLY. THE DAILY PROGRAM [MAY THROUGH OCTOBER] OFFERS AN EXTENSIVE AND VARIED SCHEDULE OF OFFERINGS - INCLUDING EXHIBITIONS, ROLE-PLAYING, HOUSE-TOURS, CRAFT, COOKING AND HORTICULTURE DEMONSTRATIONS, AND SPECIAL-SUBJECT TOURS. THE RESTORATION PROGRAM CONTINUES TO RESTORE HISTORIC SBM'S HISTORIC STRUCTURES TO REFLECT CURRENT RESEARCH AND BEST PRACTICES. 1614900 1 1 0 0 0 0 1 1 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 36 0 1 115 1 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NH X X MICHAEL WALZAK 6034227518 PO BOX 300 PORTSMOUTH NH 038020300 MARTHA FULLER CLARK 2.00 X X 0 0 0 CYNTHIA H HARVELL 2.00 X X 0 0 0 PAUL BARKWORTH 2.00 X X 0 0 0 PATSY OSTRANDER 2.00 X X 0 0 0 JAY O'NEILL JR 1.00 X 0 0 0 MICHELLE FIRMBACH-NADEAU 1.00 X 0 0 0 MICHAEL HANLON 1.00 X 0 0 0 MARK CONNOLLY 1.00 X 0 0 0 SCOTT E PUESCHEL 1.00 X 0 0 0 MARCIA CRONIN 1.00 X 0 0 0 CYNTHIA FENNEMAN 1.00 X 0 0 0 JANET L STEVENS 1.00 X 0 0 0 LESLIE MAST 1.00 X 0 0 0 DEAN W HOWELLS 1.00 X 0 0 0 KATHERINE WILLIAMS KANE 1.00 X 0 0 0 KATHY GREGG 1.00 X 0 0 0 JOHN PRATT JR 1.00 X 0 0 0 RICHARD D SCHUBART 1.00 X 0 0 0 ZACHARY E SLATER 1.00 X 0 0 0 LAWRENCE YERDON 37.00 X 97943 0 8939 97943 0 8939 0 0 0 0 0 96823 28830 1582219 170801 1707872 ADMISSION INCOME 900099 297763 297763 EDUCATIONAL PROGRAMS 900099 143850 143850 PROGRAM EVENTS 900099 136147 136147 577760 85049 85049 282019 109298 172721 172721 172721 927672 862839 64833 64833 64833 77510 28830 47278 30232 30232 170689 92765 77924 77924 MISCELLANEOUS 900099 23723 23723 23723 2740114 679407 0 352835 108089 36030 36030 36029 1002124 656480 229072 116572 11187 6766 3762 659 83094 47880 27917 7297 99316 64896 21913 12507 26039 26039 16901 16901 112878 80563 32315 57193 49898 763 6532 80458 58997 18593 2868 2538 2538 79767 79767 2282 939 1179 164 6508 6508 794 794 85088 85088 40349 40349 PROGRAM EXPENSES 292357 292357 MAINTENANCE 124897 87637 37260 EVENT EXPENSES 55838 55838 BAD DEBT EXPENSE 21825 21825 32619 9226 15153 8240 2342141 1614900 536373 190868 172368 316943 492050 268801 216129 286735 20474 21582 86300 90287 14567 4210 4759243 2054706 2316277 2704537 4295210 4167808 607392 587463 8220767 8448366 73036 122694 24423 43662 100000 0 197459 166356 X 3925990 4023911 607302 735406 3490016 3522693 8023308 8282010 8220767 8448366 X 397973 -139271 X X 0 1 1 X 0 X 2437175 1093769 799607 1144376 1707872 7182799 2437175 1093769 799607 1144376 1707872 7182799 1605699 5577100 341042 287470 413111 392295 367068 1800986 13903 6650 30232 50785 9034570 4149386 0.61730 0.65300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 1 1.00 1 X X X X 0 3183214 56209 66594 290916 3015101 3163358 40501 426350 446995 3183214 2812102 152132 927108 727984 3163358 4039797 173910 -921341 480264 2812102 0.08100 0.91900 0 0 215331 215331 3538754 1089776 2448978 1005158 964930 40228 2704537 BENEFICIAL INTEREST IN TRUST FUNDS HELD BY THE NH CHARITABLE FOUNDATION 587463 587463 2740114 2342141 397973 -119342 -19929 -139271 258702 2899459 -119342 50645 249341 180644 2718815 21299 21299 2740114 2640757 50645 249341 299986 2340771 1370 1370 2342141 DESCRIPTION OF HOW ORGANIZATION REPORTS CONSERVATION EASEMENTS: PART II, LINE 9: PRESERVATION EASEMENT HELD BY STRAWBERY BANKE MUSEUM IS NOT INCLUDED IN THE ORGANIZATION'S FINANCIAL STATEMENTS. PART III, LINE 1A: AS PERMITTED BY GAAP, THE MUSEUM HAS ELECTED NOT TO CAPITALIZE IT'S COLLECTIONS, THE FOLLOWING DISCLOSURES ARE INCLUDED IN THE MUSEUM'S FINANCIAL STATEMENTS. THE INSURED VALUE OF THE COLLECTION OBJECTS AND BUILDINGS AT MARCH 31, 2012 WAS $11,161,071. "IN CONFORMITY WITH THE PRACTICE FOLLOWED BY MANY MUSEUMS, THE COLLECTIONS OF BOOKS, MANUSCRIPTS, FURNITURE, AND OTHER OBJECTS, AND HISTORICAL BUILDINGS PURCHASED AND DONATED ARE NOT INCLUDED IN THE STATEMENTS OF FINANCIAL POSITION. THE MUSEUM EMPLOYS A CURATOR TO ENSURE THAT ITS HISTORICAL BUILDINGS AND COLLECTIONS ARE PROTECTED AND PRESERVED. PURCHASES OF COLLECTION ITEMS ARE INCLUDED IN OTHER CHARGES IN THE STATEMENTS OF ACTIVITIES AS A CHANGE IN NET ASSETS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES." "BUILDINGS RELATED TO THE PRESERVATION AND/OR EDUCATIONAL MISSION OF THE MUSEUM ARE CLASSIFIED AS PART OF THE COLLECTION AND, AS DESCRIBED IN THE PRECEDING PARAGRAPH, ARE NOT CAPITALIZED AS ASSETS IN THE STATEMENTS OF FINANCIAL POSITION." DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: TO PROVIDE INVESTMENT INCOME AND GAINS TO FURTHER VARIOUS ACTIVITIES OF THE MUSEUM. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE MUSEUM FOLLOWS THE PROVISIONS OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AS PROVIDED FOR IN THE INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION. THIS STATEMENT CLARIFIES THE CRITERIA THAT AN INDIVIDUAL TAX POSITION MUST SATISFY FOR SOME OR ALL OF THE BENEFITS OF THAT POSITION TO BE RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. IT ALSO PRESCRIBES A RECOGNITION THRESHOLD OF MORE LIKELY-THAN-NOT, AND A MEASUREMENT ATTRIBUTE FOR ALL TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN, IN ORDER FOR THOSE TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. THERE WERE NO LIABILITIES (OR REDUCTION IN AMOUNTS REFUNDABLE) FOR UNRECOGNIZED TAX BENEFITS AT MARCH 31, 2012 AND 2011, AND NO INTEREST OR PENALTIES WERE ACCRUED. THE MUSEUM IS CURRENTLY OPEN TO AUDIT UNDER THE STATUTE OF LIMITATIONS BY THE INTERNAL REVENUE SERVICE AND STATE TAXING AUTHORITIES FOR THE YEARS ENDED MARCH 31, 2009 THROUGH 2012. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST -19,929. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 92,765. SPECIAL EVENT EXPENSES 47,278. RENTAL EXPENSES 109,298. PART XII, LINE 4B - OTHER ADJUSTMENTS: SBM HISTORY BOOK REVENUES 1,370. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST FUNDS 19,929. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 92,765. SPECIAL EVENTS EXPENSES 47,278. RENTAL EXPENSES 109,298. PART XIII, LINE 4B - OTHER ADJUSTMENTS: SBM HISTORY BOOK REVENUES 1,370. VINTAGE & VINE 78424 28830 49594 32019 PASSPORT 27916 27916 15259 106340 28830 77510 47278 47278 30232 X 6 151054 FAIR MARKET VALUE X CAPTL BLD'ING COSTS 10 19747 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF THE FORM 990 WAS PROVIDED TO EACH TRUSTEE TO REVIEW PRIOR TO THE FILING DEADLINE, AND TO MAKE ANY CHANGES AS DEEMED NECESSARY. FORM 990, PART VI, SECTION B, LINE 12C THE MUSEUM REQUIRES ALL EMPLOYEES AND BOARD MEMBERS TO FILL OUT AN ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM. FORMS ARE REVIEWED PERIODICALLY AND ANY POTENTIAL CONFLICTS OF INTERESTS WILL BE DEALT WITH ON A CASE BY CASE BASIS IN ORDER TO STAY COMPLIANT WITH POLICY. FORM 990, PART VI, SECTION B, LINE 15 UPON INITIAL HIRING OF THE EXECUTIVE DIRECTOR, COMPARABILITY DATA AND AN INDEPENDENT RESEARCH FIRM WAS USED FOR DETERMINATION OF INITIAL SALARY. THEREAFTER, THE EXECUTIVE DIRECTOR IS EVALUATED ANNUALLY BY THE BOARD OF TRUSTEES, AT WHICH TIME THEY APPROVE A COMPENSATION LEVEL FOR THE UPCOMING YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE MUSEUM'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT THEIR ADMINISTRATIVE OFFICES IN PORTSMOUTH, NEW HAMPSHIRE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -119,342. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST -19,929. TOTAL TO FORM 990, PART XI, LINE 5: -139,271. FORM 990, PART XII, LINE 2C - AUDIT OVERSIGHT PROCESS: THE PROCESS DID NOT CHANGE.