2012-03-14T15:51:24-05:00 2011-09-30 KETEL THORSTENSON LLP PO BOX 3140 RAPID CITY SD 577093140 990 2010-10-01 460258947 MOUNT RUSHMORE NATIONAL MEMORIAL SOCIETY MOUN 6053418883 PO BOX 1524 RAPID CITY SD 577091524 ROY KETEL 6053418883 2012-03-15 true JOHN B WALKER CPA 6053425630 2012-03-14 2010 2016-02-24 21:20:13Z DIANA SAATHOFF PO BOX 1524 RAPID CITY SD 577091524 5222410 false X WWW.MOUNTRUSHMORESOCIETY.COM X 1930 SD SINCE 1930, THE MOUNT RUSHMORE NATIONAL MEMORIAL SOCIETY (SOCIETY) HAS BEEN THE OFFICIAL FUND-RAISING PARTNER, WORKING TOWARD THE CREATION, THE PROMOTION AND EDUCATION OF THE SCULPTURE AND NATURAL RESOURCES WHICH SURROUND MOUNT RUSHMORE NATIONAL MEMORIAL. IN COLLABORATION WITH THE NATIONAL PARK SERVICE, THE SOCIETY SHARES A MISSION OF PROTECTING AND PRESERVING THE MEMORIAL WHILE PROVIDING INSPIRATIONAL EXPERIENCES FOR PEOPLE FROM AROUND THE WORLD BY PROVIDING PUBLICATIONS, AUDIO TOURS, TRAIL OPPORTUNITIES, EDUCATIONAL FORUMS, SPECIAL EVENTS AND NATIONAL CELEBRATIONS LIKE THE INDEPENDENCE DAY CELEBRATION. 23 23 34 40 0 54780 27172 3954390 3836333 67761 128540 692957 684747 4769888 4676792 218041 0 527864 556335 0 20663 3508961 3098779 4036825 3873155 733063 803637 15353189 13666191 7316607 5054423 8036582 8611768 X SINCE 1930, THE MOUNT RUSHMORE NATIONAL MEMORIAL SOCIETY (SOCIETY) HAS BEEN THE OFFICIAL FUND-RAISING PARTNER, WORKING TOWARD THE CREATION, THE PROMOTION AND EDUCATION OF THE SCULPTURE AND NATURAL RESOURCES WHICH SURROUND MOUNT RUSHMORE NATIONAL MEMORIAL. IN COLLABORATION WITH THE NATIONAL PARK SERVICE, THE SOCIETY SHARES A MISSION OF PROTECTING AND PRESERVING THE MEMORIAL WHILE PROVIDING INSPIRATIONAL EXPERIENCES FOR PEOPLE FROM AROUND THE WORLD BY PROVIDING PUBLICATIONS, AUDIO TOURS, TRAIL OPPORTUNITIES, EDUCATIONAL FORUMS, SPECIAL EVENTS AND NATIONAL CELEBRATIONS LIKE THE INDEPENDENCE DAY CELEBRATION. false false 709991 215444 724388 AID TO THE PARK FOR EDUCATION PROGRAMS, SPECIAL EVENTS, PROMOTION OF MOUNT RUSHMORE AND PUBLICATIONS. THROUGH BOOKSTORE SALES, A MEMBERSHIP PROGRAM AND AUDIO TOUR OUTLET, FUNDS ARE RAISED FOR NPS INTERPRETIVE DIVISION TO EDUCATE THE PUBLIC ABOUT MOUNT RUSHMORE. THE FOLLOWING PROJECTS WERE FUNDED IN FY 2011: SCULPTOR-IN- RESIDENCE PROGRAM; SCHOOL BUS PARKING SCHOLARSHIPS WHICH ALLOW CHILDREN FROM AREA SCHOOLS TO ATTEND EDUCATIONAL OPPORTUNITIES IN THE PARK; CULTURAL DEMONSTRATIONS AT THE LAKOTA, DAKOTA AND NAKOTA VILLAGE; EXHIBIT REPLACEMENT FOR LINCOLN BORGLUM MUSEUM; AVENUE OF FLAGS; FUNDEDJUNIOR RANGER BADGES FOR OVER 20,000 YOUTH PARTICIPANTS; DEVELOPED ORIGINAL PUBLICATIONS TO BE SOLD AT THE MEMORIAL; PROVIDED INTERPRETIVE PROGRAM SUPPLIES AND LIBRARY ACQUISITIONS; PURCHASED TREES TO ENHANCE PARK LANDSCAPING; FUNDED TRAINING AND EQUIPMENT FOR SCULPTURE MAINTENANCE AND PRESERVATION EFFORTS; HOSTED A PRESIDENTIAL DINNER FEATURING HARRY TRUMAN AS A FUNDRAISING EVENT WHICH ALSO ALLOWED PRESIDENT TRUMAN TO SPEAK AT AREA MIDDLE SCHOOLS MAKING HISTORY REAL AND RELEVANT TO SCHOOL CHILDREN. 2702397 2597 3796692 MAINTENANCE, OPERATION, AND FINANCING OF PARKING FACILITIES. THESE PARKING FACILITIES ARE EXCUSIVELY FOR VISITORS TO THE MONUMENT. 12744 THE MOUNT RUSHMORE SOCIETY PROVIDES FUNDING THROUGH SPONSORS AND OTHER FUNDING SOURCES FOR A NATIONAL INDEPENDENCE DAY CELEBRATION OVER JULY 3-4 ANNUALLY. VISITOR ENJOYED CULTURAL AND PATRIOTIC ENTERTAINMENT THROUGHOUT THE EVENT WITH PERFORMANCES BY PRESIDENTIAL RE-ENACTORS, A VARIETY OF MUSICAL ACTS AND CULTURAL PERFORMANCES, MILITARY AIRCRAFT FLY-OVERS, VETERANS HONORING CEREMONIES, ALL CULMINATING IN AN EVENING CONCERT. 3425132 true false false false false false false false false false true false false false false true true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false true 19 0 34 true false false false false false false false false false false false false false false false X 23 23 false false false false true true true true true false false false true true true false false true true false X KETEL THORSTENSON LLP 6053425630 810 QUINCY STREET RAPID CITY SD 57709 AL JOHNSON 3.00 X 0 0 0 ANDY KNIGHT 3.00 X 0 0 0 BILL HANERKAMP 3.00 X 0 0 0 ROXANN BASHAM 3.00 X 0 0 0 JUDY ALLEN 3.00 X 0 0 0 JOE BRUCH 3.00 X 0 0 0 GENE LEBRUN 3.00 X 0 0 0 GLENN BARBER 3.00 X 0 0 0 JAMES BELL 3.00 X 0 0 0 JAMES NELSON 3.00 X 0 0 0 JUSTIN CUTLER 3.00 X 0 0 0 JOHN BROCKELSBY 3.00 X 0 0 0 JUDITH OLSON DUHAMEL 3.00 X 0 0 0 LEROY KETEL 3.00 X 0 0 0 MIKE DERBY 3.00 X 0 0 0 NANCY GOWEN 3.00 X 0 0 0 ROYAL MAC MCCRACKEN 3.00 X 0 0 0 RUTH SAMUELSON 3.00 X 0 0 0 DR SIDNEY GOSS 3.00 X 0 0 0 PHIL LAMPERT 3.00 X 0 0 0 TOM GRIFFITH 3.00 X 0 0 0 TIM RABEN 3.00 X 0 0 0 KAY S JORGENSEN 3.00 X 0 0 0 DIANA SAATHOFF 40.00 X 81541 0 8136 81541 8136 false false false PRESIDENTIAL PARKING 4402 RIDGEWOOD ST RAPID CITY SD 57702 MANAGEMENT FEES 633909 1 27172 27172 PARKING FEES 3796053 3796053 MEMBERSHIPS 40280 40280 3836333 79388 79388 50773 1621 50773 -1621 49152 49152 1227235 543997 683238 683238 MISCELLANEOUS INCOME 1509 1509 1509 4676792 4521080 128540 218041 218041 81541 81541 421091 314263 106828 5571 1060 4511 4514 4514 43618 23773 19845 317 317 40530 6567 33963 652719 643410 9309 87256 73523 6703 7030 118412 67642 37237 13533 55022 55022 26457 2065 24392 416224 416224 1373991 1344188 29803 61791 46835 14956 REPAIRS AND MAINTENANCE 121349 120447 902 PARKING & FACILITIES FEES 55051 55051 BUSINESS MEALS 29638 962 28676 SPECIAL EVENTS 18627 18627 TELEPHONE 12788 3702 9086 28607 13730 14777 100 3873155 3425132 427360 20663 76706 347877 4662061 4248169 7112 1886 4963 404 227290 311624 6556 32815 17390351 10795824 7857461 6594527 2495433 2094908 10143 28517 5464 5464 15353189 13666191 299054 218098 13140 7017553 4823185 7316607 5054423 X 8036582 8611768 8036582 8611768 15353189 13666191 X 803637 -228451 X false true true X false X 284446 304486 274452 54780 27172 945336 3435582 4010665 4483686 5189298 5065077 22184308 3720028 4315151 4758138 5244078 5092249 23129644 23129644 162054 135725 62445 59042 79388 498654 162054 135725 62445 59042 79388 498654 3882082 4450876 4820583 5303120 5171637 23628298 0.97890 0.96770 0.02000 0.03000 X false false false false false false false false false false 16839332 10321329 6518003 551019 474495 76524 6594527 4676792 3873155 803637 -217201 -11250 -228451 575186 4461212 -217201 1621 -215580 4676792 4676792 3886026 11250 1621 12871 3873155 3873155 LIABILITY UNDER FIN 48 FOOTNOTE SCHEDULE D, PAGE 3, PART X AT SEPTEMBER 30, 2011, THE SOCIETY BELIEVES NO SIGNIFICANT UNCERTAIN TAX POSITIONS OR LIABILITIES EXIST. THE SOCIETY WILL RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF INCURRED. IN ACCORDANCE WITH THE APPLICABLE STATUE OF LIMITATIONS, THE SOCIETY'S TAX RETURNS COULD BE AUDITED BY THE INTERNAL REVENUE SERVICE FOR THE YEARS ENDED SEPTEMBER 30, 2008 TO 2011. RECONCILIATION OF CHANGES - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 8 LOSS ON SALE OF ASSETS 1,621 LOSS ON SALE OF ASSETS -1,621 REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 2D LOSS ON SALE OF ASSETS 1,621 EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XIII, LINE 2D LOSS ON SALE OF ASSETS 1,621 true NATIONAL PARK SERVICE 13000 HWY 244 BLDG 31 SUITE 1 KEYSTONE SD 57751 140001849 GOV 215444 AID TO PARK PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES SCHEDULE I, PAGE 1, PART I, LINE 2 THE NATIONAL PARK SERVICE SUBMITS A BUDGET FOR THE YEAR, THE BUDGET INCLUDES WHAT THE FUNDS WILL BE USED FOR. THE BOARD THEN APPROVES THE BUDGET AND MAKES FUNDS AVAILABLE FOR THE NATIONAL PARK SERIVE. ORGANIZATION'S MISSION FORM 990 - ORGANIZATION'S MISSION SINCE 1930, THE MOUNT RUSHMORE NATIONAL MEMORIAL SOCIETY (SOCIETY) HAS BEEN THE OFFICIAL FUND-RAISING PARTNER, WORKING TOWARD THE CREATION, THE PROMOTION AND EDUCATION OF THE SCULPTURE AND NATURAL RESOURCES WHICH SURROUND MOUNT RUSHMORE NATIONAL MEMORIAL. IN COLLABORATION WITH THE NATIONAL PARK SERVICE, THE SOCIETY SHARES A MISSION OF PROTECTING AND PRESERVING THE MEMORIAL WHILE PROVIDING INSPIRATIONAL EXPERIENCES FOR PEOPLE FROM AROUND THE WORLD BY PROVIDING PUBLICATIONS, AUDIO TOURS, TRAIL OPPORTUNITIES, EDUCATIONAL FORUMS, SPECIAL EVENTS AND NATIONAL CELEBRATIONS LIKE THE INDEPENDENCE DAY CELEBRATION. FIRST ACHIEVEMENT DESCRIPTION FORM 990, PAGE 2, PART III, LINE 4A LANDSCAPING; FUNDED TRAINING AND EQUIPMENT FOR SCULPTURE MAINTENANCE AND PRESERVATION EFFORTS; HOSTED A PRESIDENTIAL DINNER FEATURING HARRY TRUMAN AS A FUNDRAISING EVENT WHICH ALSO ALLOWED PRESIDENT TRUMAN TO SPEAK AT AREA MIDDLE SCHOOLS MAKING HISTORY REAL AND RELEVANT TO SCHOOL CHILDREN. CLASSES OF MEMBERS OR STOCKHOLDERS FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION HAS MEMBERS. THERE ARE VARIOUS CATEGORIES FOR MEMBERSHIP. LIFETIME MEMBERS ARE ELIGIBLE TO VOTE AS DESCRIBED BY THE MOUNT RUSHMORE NATIONAL MEMORIAL SOCIETY BY-LAWS. ELECTION OF MEMBERS AND THEIR RIGHTS FORM 990, PAGE 6, PART VI, LINE 7A THE ORGANIZATION HAS MEMBERS WHO ELECT THE BOARD OR DIRECTORS FROM THE MEMBERSHIP AT THE ANNUAL MEETING AS DEFINED BY THE BY-LAWS. DECISIONS SUBJECT TO APPROVAL OF MEMBERS FORM 990, PAGE 6, PART VI, LINE 7B THE ELECTION OF DIRECTORS AND ANY CHANGES TO THE ARTICLE OF INCORPORATION ARE PUT TO A VOTE FOR APPROVAL BY THE MEMBERS. ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED BY THE BOARD TREASURER BEFORE BEING FILED. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C AN ANNUAL CONFLICT OF INTEREST POLICY IS SIGNED BY DIRECTORS AND KEPT ON FILE FOR REVIEW. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A THE PRESIDENT AND BOARD OF DIRECTORS SEND WRITTEN EVALUATION FORMS OF THE EXECUTIVE DIRECTOR'S PERFORMANCE TO ALL DIRECTORS. THE EVALUATIONS WERE RECEIVED BY THE BOARD OF DIRECTORS AND A DETERMINATION OF COMPENSATION WAS MADE BASED UPON THEIR REVIEW OF SAID EVALUATIONS AND COMPARABLE COMPENSATION DATA FROM OTHER NATIONAL PARK SERVICES IS USED FROM TIME TO TIME. COMPENSATION PROCESS FOR OFFICERS FORM 990, PAGE 6, PART VI, LINE 15B YES, SAME PERSON AS 15A GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FROM THE ORGANIZATION. OTHER CHANGES IN NET ASSETS EXPLANATION FORM 990, PART XI, LINE 5 THE ASSET CHANGE OF 228,451 IS DUE TO UNREALIZED LOSS ON INVESTMENTS OF 217,201 AND DONATED RENT OF 11,250.