2012-08-15T07:28:15-05:00 2011-12-31 560587953 GILLIAM COBLE & MOSER LLP PO BOX 621 BURLINGTON NC 272160621 990 2011-01-01 560629340 GREENSBORO HISTORICAL MUSEUM INC GREE 3363732043 130 SUMMIT AVENUE GREENSBORO NC 27401 TOM MARTIN 3363732043 2012-08-14 1 BERT DAVIS JR P00102185 3362276283 2011 2016-02-24 21:20:13Z TOM MARTIN 130 SUMMIT AVENUE GREENSBORO NC 27401 293633 0 X WWW.GREENSBOROHISTORY.ORG X 1939 NC TO COLLECT, EXHIBIT, CONSERVE AND PRESENT TO THE PUBLIC HISTORICAL ITEMS RELATING TO AREA HISTORY. 35 35 0 219 0 0 88503 142668 0 0 20177 45055 -18508 -1155 90172 186568 0 0 0 0 31877 0 0 0 0 815736 202619 847613 202619 -757441 -16051 1618496 1502187 0 0 1618496 1502187 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 107652 34965 OPERATION OF THE HISTORICAL MUSEUM 107652 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 18 0 0 0 0 0 0 0 0 0 0 0 0 X 35 35 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 LEA WILLIAMS 5.00 X X 0 0 0 LAURA WALL 5.00 X X 0 0 0 ANN KROUPA 5.00 X X 0 0 0 PATRICK HAYWOOD 5.00 X X 0 0 0 CARLA UGBORO 5.00 X X 0 0 0 BRIAN CLARIDA 5.00 X X 0 0 0 MIKE CAMMACK 1.00 X 0 0 0 JEFF DAVIS 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 RON PITTMAN 1.00 X 0 0 0 JIM RUCKER 1.00 X 0 0 0 PAT SEVIER 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 LISA SCHEER 1.00 X 0 0 0 SAM SIMPSON 1.00 X 0 0 0 LISA ANDERSON 1.00 X 0 0 0 JAY KIRKPATRICK 1.00 X 0 0 0 TOM MARTIN 1.00 X 0 0 0 CHERYL MCQUEARY 1.00 X 0 0 0 GAIL MURPHY 1.00 X 0 0 0 DOUG PAGE 1.00 X 0 0 0 JENNEFER POINDEXTER 1.00 X 0 0 0 BRITT PREYER 1.00 X 0 0 0 SANDY NEERMAN 1.00 X 0 0 0 KATHRYN CLINE 1.00 X 0 0 0 LINDSAY MORRIS 1.00 X 0 0 0 ASHLEY POTEAT 1.00 X 0 0 0 DAVID KOLOSIEKE 1.00 X 0 0 0 0 0 0 0 0 0 0 0 49106 93562 142668 57410 57410 12355 -12355 -12355 -12355 28631 64751 -36120 -36120 64924 29959 34965 34965 186568 34965 0 8935 22160 1108 21052 3138 157 2981 14312 14312 16745 4808 11937 1083 1040 43 4680 4680 21821 21821 ACQUISITIONS/ENHANCEMEN 43993 43993 INVESTMENT/ENDOWMENT EX 34392 34392 GIFT SHOP SERVICES 31050 31050 BANK SERVICE CHARGES 6639 4979 1660 2606 1525 1081 202619 107652 94967 0 558571 514796 22262 22253 348340 279346 86029 68994 951634 896144 1618496 1502187 0 0 X 755196 985482 792737 402952 70563 113753 1618496 1502187 1618496 1502187 X -16051 -100258 X X 0 1 1 X 0 X 558400 503415 152456 88503 142668 1445442 112242 96623 74345 76566 93555 453331 670642 600038 226801 165069 236223 1898773 0 0 0 1898773 76712 52564 34980 20177 57410 241843 76712 52564 34980 20177 57410 241843 747354 652602 261781 185246 293633 2140616 0.88700 0.92500 0.11300 0.07500 X X X X X 0 116341 52389 63952 231999 226957 5042 68994 CURRENT INVESTMENTS 225171 F LONG TERM INVESTMENTS 670973 F 896144 186568 202619 -16051 -42925 -57333 -100258 -116309 281278 94710 94710 186568 0 186568 340254 42925 94710 137635 202619 0 202619 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 XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES FOR SPECIAL EVENTS, SEE PAGE 9, BOX 8B 64,751. COST OF GOODS SOLD, SEE PAGE 9, BOX 10B 29,959. PART XIII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES FOR SPECIAL EVENTS, SEE PAGE 9, BOX 8B 64,751. COST OF GOODS SOLD, SEE PAGE 9, BOX 10B 29,959. O. HENRY PLAYS 16120 0 16120 13615 ON-SITE EVENTS 12511 0 12511 51136 28631 28631 64751 64751 -36120 NC 0 0 0 0 0 0 X 84 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 990 IS REVIEWED BY THE TREASURER PRIOR TO FILING. THE FINANCE COMMITTEE AND THE FULL BOARD REVIEW THE 990 IN ITS ENTIRETY AT THE NEXT AVAILABLE MEETING. 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 IS 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -42,925. PRIOR PERIOD ADJUSTMENTS: -57,333. TOTAL TO FORM 990, PART XI, LINE 5: -100,258. 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.