2011-08-11T13:57:32-05:00 2010-12-31 JON R MORSE CPA PC 38 PLEASANT STREET GLOUCESTER MA 019305943 990 2010-01-01 042143545 CAPE ANN HISTORICAL ASSOCIATION CAPE 9782830455 27 PLEASANT STREET GLOUCESTER MA 01930 ARTHUR RYAN TREASURER 9782830455 2011-07-28 1 JON R MORSE 9782832224 2011-07-28 2010 2016-02-24 21:20:13Z CAPE ANN MUSEUM ARTHUR RYAN TREASURER 27 PLEASANT STREET GLOUCESTER MA 01930 3235674 0 X WWW.CAPEANNHISTORICALMUSEUM.ORG X 1873 MA TO FOSTER AN APPRECIATION OF THE QUALITY AN DIVERSITY OF LIFE ON CAPE ANN, PAST AND PRESENT; TO FURTHER THE KNOWLEDGE AND ENJOYMENT OF CAPE ANN HISTORY AND ART; TO COLLECT AND PRESERVE SIGNIFICANT INFORMATION AND ARTIFACTS; AND TO ENCOURAGE COMMUNITY INVOLVMENT WITH ITS PROGRAMS AND HOLDINGS. IN ALL ITS ACTIVITIES, THE MUSEUM EMPHASIZES THE HIGHEST STANDARDS OF QUALITY. 20 20 22 70 0 0 1222854 713536 90237 75812 -27343 479883 15504 55848 1301252 1325079 0 0 0 0 385566 404532 0 0 63025 703687 679687 1089253 1084219 211999 240860 11143371 11683496 29757 46508 11113614 11636988 X TO FOSTER AN APPRECIATION OF THE QUALITY AND DIVERSITY OF LIFE ON CAPE ANN, PAST AND PRESENT; TO FURTHER THE KNOWLEDGE AND ENJOYMENT OF CAPE ANN HISTORY AND ART; TO COLLECT AND PRESERVE SIGNIFICANT INFORMATION AND ARTIFACTS; AND TO ENCOURAGE COMMUNITY INVOLVEMENT WITH ITS PROGRAMS AND HOLDINGS. IN ALL ITS ACTIVITIES, THE MUSEUM EMPHASIZES THE HIGHEST STANDARDS OF QUALITY. 0 0 782821 90668 PURPOSES ARE OWNERSHIP,OPERATION,PRESERVATION AND EXHIBITIONS OF HISTORICAL BUILDINGS,OBJECTS,RECORDS AND WORKS OF ART. PERSONSBENEFITING INCLUDE ASSOCIATION MEMBERS AND THE GENERAL PUBLIC. 782821 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 13 0 22 1 0 0 0 0 0 1 1 0 0 0 0 0 X 20 20 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MA X THE ASSOCIATION 9782830455 27 PLEASANT STREET GLOUCESTER MA 01930 JOHN CUNNINGHAM III 5.00 X X 0 0 0 JJBELL 5.00 X X 0 0 0 ARTHUR RYAN 5.00 X X 0 0 0 DAVID PORPER 5.00 X X 0 0 0 ANDREW SPINDLER 1.00 X 0 0 0 KERMIT BIRCHFIELD 1.00 X 0 0 0 HERBERT COLLINS 1.00 X 0 0 0 LISA REYNOLDS RICH 1.00 X 0 0 0 RICHARD TADLER 1.00 X 0 0 0 STEPHANIE GASKINS 1.00 X 0 0 0 SAMUEL HOLDSWORTH 1.00 X 0 0 0 WILLIAM JAMES 1.00 X 0 0 0 PAUL LITTLEFIELD 1.00 X 0 0 0 RON NICKERSON 1.00 X 0 0 0 BONNIE COVINGTON 1.00 X 0 0 0 WILLIAM CROSS 1.00 X 0 0 0 WILLIAM LYNCH 1.00 X 0 0 0 ELIZABETH MOORE 1.00 X 0 0 0 ROBERT BACHELDER 1.00 X 0 0 0 PEARCE COUES 1.00 X 0 0 0 RONDA FALOON 40.00 X 63942 0 0 63942 0 0 0 0 0 0 0 199995 513541 713536 ADMISSIONS 900099 39724 39724 ART EXHIBITS & PROGRAM 900099 36088 36088 75812 285291 285291 24021 24021 24021 24021 2065110 1870518 194592 194592 194592 24225 7254 16971 16971 47679 32823 14856 14856 1325079 90668 0 520875 356747 226382 99278 31087 15181 7662 7519 32604 20687 9075 2842 17825 17825 23834 23834 31714 15701 16013 54628 34509 8194 11925 148001 133201 14800 152988 137689 15299 25562 25562 REPAIR AND MAINTENANCE 118389 106550 11839 PROGRAMS 66928 66928 COLLECTION MANAGEMENT 17488 17488 0 WEBSITE 10120 10120 TELEPHONE 5304 3350 796 1158 6906 2554 4352 1084219 782821 238373 63025 224852 382219 112494 113601 240007 219507 12187 38511 14981 14316 5909613 2489169 3395309 3420444 7127403 7494897 16138 1 11143371 11683496 28316 45631 1441 877 29757 46508 X 9180658 9537732 68941 128321 1864015 1970935 11113614 11636988 11143371 11683496 X 240860 282514 X X 0 1 1 X 0 X 410572 616022 677012 589628 713536 3006770 121444 128238 120105 152067 147716 669570 532016 744260 797117 741695 861252 3676340 228555 270000 256000 175000 300435 1229990 0 228555 270000 256000 175000 300435 1229990 2446350 161766 183434 295362 234635 309312 1184509 161766 183434 295362 234635 309312 1184509 693782 927694 1092479 976330 1170564 4860849 0.50330 0.49900 0.24370 0.23230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 3864016 175783 68863 3970936 3702217 231991 70192 3864016 4126942 -360035 64690 3702217 0 0 12788 12788 5334681 2259562 3075119 562144 229607 332537 3420444 MONEY MARKETS AND TIME DEPOSITS 21095 F STOCKS & MUTUAL FUNDS 4632514 F US GOVERNMENT BONDS AND OBLIGATIONS 2841288 F 7494897 SALES TAXES PAYABLE 877 877 1325079 1084219 240860 282514 282514 523374 1647669 282513 282513 1365156 -40077 -40077 1325079 1124295 40077 40077 1084218 1 1 1084219 PART III, LINE 1A: NOTE 5 OF FINANCIAL STATMENTS - COLLECTIONS: "COLLECTIONS CONSIST OF WORKS OF ART, OBJECTS, ARTIFACTS AND RECORDS REFLECTIVE OF CAPE ANN AND ITS FISHING HERITAGE. COLLECTION ITEMS, WHETHER PURCHASED OR DONATED, ARE NOT CAPITALIZED BECAUSE THEIR INTRINSIC VALUE IS NOT SUSCEPTIBLE TO REASONABLE ESTIMATION. THE COLLECTION IS CARRIED AT $1.00. IT IS THE POLICY OF THE ASSOCIATION THAT PROCEEDS FROM THE SALE OF COLLECTION ITEMS WILL BE USED TO PURCHASE ADDITIONAL COLLECTION ITEMS, WHICH ARE THEN CHARGED AS COLLECTION ACQUISITION EXPENSES. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: PERMENANTLY RESTRICTED ENDOWMENTS PROVIDE INCOME TO SUPPORT CURRENT OPERATIONS. THE BOARD RESTRICTED ENDOWMENTS ARE HELD TO PROVIDE FINANCIAL SECURITY IN THE FUTURE. PART XII, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD PART XIII, LINE 4B - OTHER ADJUSTMENTS: ROUNDING CAPTAIN'S PARTY 24225 24225 5617 1637 24225 24225 5617 1637 7254 16971 1 X 0 0 0 0 0 0 0 0 0 RONDA FALOON 63942 0 0 0 0 0 0 0 0 0 63942 0 0 0 X 16 X 17 3 0 0 0 NON REPORTING OF REVENUE: PART I, LINE 33: THE MUSEUM HAS ADOPTED ACCOUNTING PRINCIPLES UNDER SFAS 116 WHEREIN IT DOES NOT CAPITALIZE DONATIONS ARTWORK AND HISTORICAL ARTIFACTS TO ITS COLLECTIONS AND THEREFORE THE RELATED REVENUE IS ALSO NOT RECOGNIZED. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. MEMBERS ARE REQUIRED TO PAY AN ANNUAL MEMBERSHIP FEE. THERE IS ONLY ONE CLASS OF MEMBERS AND ALL MEMBERS HAVE THE SAME RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT OTHER MEMBERS TO THE BOARD OF DIRECTORS, USUALLY AT THE ANNUAL MEETING WHICH OCCURS EVERY MAY. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL CURRENT AND FUTURE BOARD MEMBERS ARE GIVEN A COPY OF CONFLICT OF INTEREST POLICY AND THEY ARE REQUIRED TO SIGN A REGISTRY INDICATING THEY HAVE RECEIVED AND READ THE POLICY. THE REGISTRY IS MAINTAINED BY THE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF GOVERNORS AND THE EXECUTIVE COMMITTEE REVIEW COMPARABILITY DATA FROM THE NEW ENGLAND MUSEUM ASOCIATION COMPENSATION SURVEY AND SUBSEQUENTLY APPROVE ANNUAL COMPENSATION OF THE EXECUTIVE DIRECTORS AND OTHE KEY EMPLOYEES. OFFICERS AND TRUSTEES OF THE BOARD ARE NOT COMPENSATED. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION, IN 2009, COMPLETED WORK ON CONFLICT OF INTEREST, DOCUMENT RETENTION, AND WHISTLEBLOWER POLICIES. THIS INFORMATION, AS WELL AS ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 282,514. OVERSIGHT COMMITTEE PART XI, LINE 2C THE ORGANIZATION HAS A FINANCE COMMITTEE THAT OVERSEES THE AUDIT ANNUALLY.