THE CHILDRENS MUSEUM: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- THE CHILDRENS MUSEUM (EIN 04-2103993)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-03-15
- IRS object ID
- 201120759349300812
- Schema version
- 2009v1.7
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-03-15T16:10:49-05:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Edelstein and Company LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 160 Federal Street 9th Floor | AddressLine1 |
| City | Boston | City |
| State | MA | State |
| ZIP Code | 021101772 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042103993 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CHILDRENS MUSEUM | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CHIL | NameControl |
| Phone | 6174266500 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 308 CONGRESS STREET | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02210 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | AMY AUERBACH | Name |
| Title | SVP & CFO | Title |
| Phone | 6174266500 | Phone |
| Date Signed | 2011-03-11 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ALFONSO PERILLO | Name |
| Phone | 6172276161 | Phone |
| Date Prepared | 2011-03-11 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | AMY AUERBACH | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 308 CONGRESS STREET | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02210 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 8482641 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.BOSTONchildrensmuseum.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1913 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | BOSTON CHILDRENS MUSEUM EXISTS TO HELP CHILDREN AND FAMILIES ENJOY, UNDERSTAND AND BECOME ACTIVE CITIZENS OF THE WORLD IN WHICH THEY LIVE. WE WANT CHILDREN TO GROW UP AS SUCCESSFUL LEARNERS WHO RESPECT OTHERS AND THE NATURAL WORLD. WE ENCOURAGE IMAGINATION, CURIOSITY, INVESTIGATION, INNOVATION, AND PLAY. CENTRAL TO OUR PHILOSOPHY IS THE BELIEF THAT MEANINGFUL INTERACTIONS WITH REAL OBJECTS, DIRECT ENGAGEMENT, AND ENJOYMENT PROMOTE LEARNING. WE SEEK TO NUTURE CREATIVE, CURIOUS CHILDREN WHO LIVE HEALTHY LIVES IN SUSTAINABLE, GLOBAL COMMUNITIES. WE ENGAGE CHILDREN AND FAMILIES, WHILE BUILDING COMMUNITIES, THROUGH INTERACTIVE EXHIBITIONS, DYNAMIC PUBLIC PROGRAMS BOTH ON SITE AND IN COMMUNITIES, AND FORMAL AND INFORMAL EDUCATIONAL PROGRAMS FOR SCHOOLS AND COMMUNITY AGENCIES SERVING CHILDREN 0-10 YEARS OLD AND THEIR ADULT CAREGIVERS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 29 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 29 | NbrIndependentVotingMembers |
| Total Nbr Employees | 148 | TotalNbrEmployees |
| Total Nbr Volunteers | 5 | TotalNbrVolunteers |
| Total Gross UBI | -3193 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -3193 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 5720527 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1975024 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 3660530 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 3712638 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 534280 | InvestmentIncomePriorYear |
| Investment Income Current Year | 546000 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 111812 | OtherRevenuePriorYear |
| Other Revenue Current Year | 179256 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 10027149 | TotalRevenuePriorYear |
| Total Revenue Current Year | 6412918 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 3063834 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2844657 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 278024 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 6548612 | OtherExpensePriorYear |
| Other Expenses Current Year | 5989455 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 9612446 | TotalExpensesPriorYear |
| Total Expenses Current Year | 8834112 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 414703 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -2421194 | RevenuesLessExpensesCY |
| Total Assets BOY | 71262246 | TotalAssetsBOY |
| Total Assets EOY | 68098254 | TotalAssetsEOY |
| Total Liabilities BOY | 25903772 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 23791596 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 45358474 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 44306658 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROVIDE CHILDREN'S EXHIBITS, COMMUNITY OUTREACH, SCHOOL SERVICES, AND EDUCATIONAL AND RECYCLE PROGRAMS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 2640075 | Expense |
| Revenue | 98293 | Revenue |
| Description | EXHIBITS PROVIDE INNOVATIVE, HANDS-ON, EDUCATIONAL AND ENGAGING ACTIVITIES FOCUSED ON SCIENCE, CULTURE, ENVIRONMENTAL AWARENESS, HEALTH AND THE ARTS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1989386 | Expense |
| Revenue | 2376555 | Revenue |
| Description | VISITOR PROGRAMS OFFER INFORMAL AND FORMAL LEARNING EXPERIENCES FOR SCHOOL, AFTER-SCHOOL AND COMMUNITY GROUPS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 841540 | Expense |
| Revenue | 50104 | Revenue |
| Description | BOSTON CHILDRENS MUSEUM EDUCATORS SUPPORT PRE-SCHOOL, ELEMENTARY AND MIDDLE SCHOOL TEACHERS AND AFTER-SCHOOL EDUCATORS WITH CURRICULUM AND PROGRAM DEVELOPMENT OPPORTUNITIES. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1597840 | Expense |
| Revenue | 1180438 | Revenue |
| Description | OTHER MUSEUM PROGRAMS | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 1597840 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 1180438 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 7068841 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 38 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 148 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Nbr Voting Governing Body Members | 29 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 29 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | AMY AUERBACH | NamePerson |
| Telephone Number | 6174266500 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 308 CONGRESS STREET | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02210 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (35 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| Karen G Baroody | ||||||||
| Trustee | 1.50 | X | 0 | 0 | 0 | |||
| Roger S Berkowitz | ||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | |||
| Martin Bischoff | ||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | |||
| Anne M Blodget | ||||||||
| Trustee, Secretary | 2.50 | X | 0 | 0 | 0 | X | ||
| Linda K Carlisle | ||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | |||
| Mark L DiNapoli | ||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | |||
| Neil P Doherty | ||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | |||
| Robert C Healey | ||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | |||
| DR Linda A Hill | ||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | |||
| Richmond Y Holden Jr | ||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | |||
| Robin G Jones | ||||||||
| Trustee | 2.50 | X | 0 | 0 | 0 | |||
| Michael B Keating | ||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | |||
| Stephen T Kunian | ||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | |||
| Anne R Lovett | ||||||||
| Trustee, Vice-Chair | 2.50 | X | 0 | 0 | 0 | X | ||
| James M MacPhee | ||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | |||
| David R Marcus | ||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | |||
| Nancy May | ||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | |||
| Yasmin Namini | ||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | |||
| Bhasker Natarajan | ||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | |||
| Erica G Pappendick | ||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | |||
| Patricia A Parcellin | ||||||||
| Trustee | 1.50 | X | 0 | 0 | 0 | |||
| Jonathan L Rounds | ||||||||
| Trustee, Chair | 5.00 | X | 0 | 0 | 0 | X | ||
| Agnes Bundy Scanlan | ||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | |||
| Darin P Smith | ||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | |||
| Harold Sparrow | ||||||||
| Trustee, Vice-Chair | 1.50 | X | 0 | 0 | 0 | X | ||
| Sylvia Stevens-Edouard | ||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | |||
| Cynthia Taft | ||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | |||
| Christopher C Thompson | ||||||||
| Trustee, Treasurer | 1.50 | X | 0 | 0 | 0 | X | ||
| DR Michael W Yogman | ||||||||
| Trustee, Vice-Chair | 2.50 | X | 0 | 0 | 0 | X | ||
| Christi Tritton | ||||||||
| Assistant Secretary | 35.00 | 34558 | 0 | 6723 | X | |||
| David Ellis | ||||||||
| Interim President and CEO | 14.00 | 148500 | 0 | 0 | X | |||
| Neil Gordon | ||||||||
| COO | 35.00 | 90302 | 0 | 8158 | X | |||
| Amy Auerbach | ||||||||
| SVP/CFO | 35.00 | 112044 | 0 | 2893 | X | |||
| Judi Cantor | ||||||||
| VP Development | 35.00 | 136017 | 0 | 5039 | X | |||
| LOU CASAGRANDE | ||||||||
| FORMER PRESIDENT AND CEO | 0.00 | 158499 | 0 | 3304 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 679920 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 26117 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (4 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| ACP CLEANING INC | |||||
| PO BOX 2411 | WOBURN | MA | 01888 | MUSEUM AND TENANT CLEANING | 473884 |
| CB RICHARD ELLISNE PARTNERS | |||||
| 111 HUNTINGTON AVENUE 12TH FLOOR | BOSTON | MA | 02199 | PROPERTY MANAGEMENT | 372287 |
| SECURITAS SECURITY SERVICES US | |||||
| 8 WINTER STREET | BOSTON | MA | 02108 | MUSEUM AND BUILDING SECURITY | 154217 |
| STORROW COMPANY INC | |||||
| 777 CONCORD AVENUE SUITE 205 | CAMBRIDGE | MA | 02138 | EXHIBIT CONSTRUCTION | 125024 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 4 | NumberOfContractorsGT100K |
| Government Grants | 120254 | GovernmentGrants |
| All Other Contributions | 1854770 | AllOtherContributions |
| Total Contributions | 1975024 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| ADMISSIONS | 900099 | 2172472 | 2172472 | |
| MEMBERSHIPS | 900099 | 1012339 | 1012339 | |
| PROGRAM FEES | 900099 | 432827 | 425579 | 7248 |
| TRAVELING EXHIBITS | 900099 | 95000 | 95000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 3712638 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 454284 | TotalRevenueColumn |
| Exclusion | $454,284 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 1597219 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 1583117 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 14102 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 14102 | TotalRevenueColumn |
| Unrelated Business Revenue | -10441 | UnrelatedBusinessRevenue |
| Exclusion | $24,543 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 538000 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 446284 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 91716 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 91716 | TotalRevenueColumn |
| Exclusion | $91,716 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 205476 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 40322 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 165154 | TotalRevenueColumn |
| Exclusion | $165,154 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6412918 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3705390 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -3193 | UnrelatedBusinessRevenue |
| Exclusion | $735,697 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 339938 | Total |
| Program Services | 89149 | ProgramServices |
| Management And General | 250789 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2054000 | Total |
| Program Services | 1710028 | ProgramServices |
| Management And General | 198856 | ManagementAndGeneral |
| Fundraising | 145116 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31881 | Total |
| Program Services | 24480 | ProgramServices |
| Management And General | 7342 | ManagementAndGeneral |
| Fundraising | 59 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 254755 | Total |
| Program Services | 186498 | ProgramServices |
| Management And General | 59211 | ManagementAndGeneral |
| Fundraising | 9046 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 164083 | Total |
| Program Services | 123477 | ProgramServices |
| Management And General | 30887 | ManagementAndGeneral |
| Fundraising | 9719 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24152 | Total |
| Management And General | 24152 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 336767 | Total |
| Program Services | 92402 | ProgramServices |
| Management And General | 228065 | ManagementAndGeneral |
| Fundraising | 16300 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 491997 | Total |
| Program Services | 491095 | ProgramServices |
| Management And General | 902 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 149926 | Total |
| Program Services | 95551 | ProgramServices |
| Management And General | 13739 | ManagementAndGeneral |
| Fundraising | 40636 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24531 | Total |
| Program Services | 7448 | ProgramServices |
| Management And General | 17083 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 107266 | Total |
| Program Services | 107266 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 73726 | Total |
| Program Services | 56794 | ProgramServices |
| Management And General | 14705 | ManagementAndGeneral |
| Fundraising | 2227 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 129320 | Total |
| Program Services | 106568 | ProgramServices |
| Management And General | 16511 | ManagementAndGeneral |
| Fundraising | 6241 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2198201 | Total |
| Program Services | 1883169 | ProgramServices |
| Management And General | 311983 | ManagementAndGeneral |
| Fundraising | 3049 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9542 | Total |
| Program Services | 1077 | ProgramServices |
| Management And General | 8465 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| BUILDING OPERATING EXPE | 1823756 | 1367063 | 452316 | 4377 |
| CONTRACT SERVICES | 498418 | 438809 | 42725 | 16884 |
| MATERIALS AND SUPPLIES | 123386 | 116388 | 5908 | 1090 |
| CONTRACT LABOR | 22357 | 19719 | 2638 | |
| DUES & SUBSCRIPTIONS | 15447 | 4793 | 10155 | 499 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -39337 | Total |
| Program Services | 147067 | ProgramServices |
| Management And General | -206547 | ManagementAndGeneral |
| Fundraising | 20143 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8834112 | Total |
| Program Services | 7068841 | ProgramServices |
| Management And General | 1487247 | ManagementAndGeneral |
| Fundraising | 278024 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2488874 | BOY |
| EOY | 2913123 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8602231 | BOY |
| EOY | 4816828 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 167277 | BOY |
| EOY | 247342 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 119656 | BOY |
| EOY | 307101 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 59954850 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 14497596 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 45990667 | BOY |
| EOY | 45457254 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11333421 | BOY |
| EOY | 12727404 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2560120 | BOY |
| EOY | 1629202 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 71262246 | BOY |
| EOY | 68098254 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1420825 | BOY |
| EOY | 1230296 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23565000 | BOY |
| EOY | 21500000 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 214207 | BOY |
| EOY | 220845 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 703740 | BOY |
| EOY | 840455 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25903772 | BOY |
| EOY | 23791596 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30403121 | BOY |
| EOY | 31622920 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10931116 | BOY |
| EOY | 8618542 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4024237 | BOY |
| EOY | 4065196 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 45358474 | BOY |
| EOY | 44306658 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 71262246 | BOY |
| EOY | 68098254 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 18097247 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 8372933 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 7841656 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 5720528 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1975024 | CurrentTaxYear |
| Total | 42007388 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3465641 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2473043 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 4599781 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3962855 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3918114 | CurrentTaxYear |
| Total | 18419434 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 21562888 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 10845976 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 12441437 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 9683383 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5893138 | CurrentTaxYear |
| Total | 60426822 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 229797 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 505082 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 452098 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 244210 | CurrentTaxYearMinus1Year |
| Current Tax Year | 114203 | CurrentTaxYear |
| Total | 1545390 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 229797 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 505082 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 452098 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 244210 | CurrentTaxYearMinus1Year |
| Current Tax Year | 114203 | CurrentTaxYear |
| Total | 1545390 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 58881432 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1371638 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1928524 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2130055 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1935674 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2051503 | CurrentTaxYear |
| Total | 9417394 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1371638 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1928524 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2130055 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1935674 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2051503 | CurrentTaxYear |
| Total | 9417394 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 22934526 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 12774500 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 14571492 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 11619057 | CurrentTaxYearMinus1Year |
| Current Tax Year | 7944641 | CurrentTaxYear |
| Total | 69844216 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.84300 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.86140 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.13480 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.11500 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 18690397 | BeginningOfYearBalance |
| Contributions | 639174 | Contributions |
| Investment Earnings Or Losses | 1886241 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 0 | GrantsOrScholarships |
| Other Expenditures | 4248155 | OtherExpenditures |
| End Of Year Balance | 16967657 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 27086175 | BeginningOfYearBalance |
| Contributions | 3355163 | Contributions |
| Investment Earnings Or Losses | -1957191 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 0 | GrantsOrScholarships |
| Other Expenditures | 9793750 | OtherExpenditures |
| End Of Year Balance | 18690397 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.25250 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.23960 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.50790 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3331193 | OtherCostOrOtherBasis |
| Book Value | 3331193 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 44762621 | OtherCostOrOtherBasis |
| Depreciation | 8437309 | Depreciation |
| Book Value | 36325312 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2468876 | OtherCostOrOtherBasis |
| Depreciation | 908203 | Depreciation |
| Book Value | 1560673 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9392160 | OtherCostOrOtherBasis |
| Depreciation | 5152084 | Depreciation |
| Book Value | 4240076 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 45457254 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DERIVATIVE FINANCIAL INSTRUMENTS | Description |
| Amount | $840,455 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 840455 | TotalOfAmounts |
| Total Revenue | 6412918 | TotalRevenue |
| Total Expenses | 8834112 | TotalExpenses |
| Excess Or Deficit For Year | -2421194 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 1340928 | NetUnrealizedGLOnInvestments |
| Other | $28,450 | OtherAmount |
| Total Adjustments | 1369378 | TotalAdjustments |
| Excess Or Deficit Per FS | -1051816 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 9426235 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1340928 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 20500 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 1651889 | OtherRevenues |
| Revenue Not Rptd F990 | 3013317 | RevenueNotRptdF990 |
| Revenue Subtotal | 6412918 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 6412918 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 10478051 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 20500 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 1623439 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 1643939 | ExpensesNotRptdF990 |
| Expenses Subtotal | 8834112 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 8834112 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Part III, Line 4: | Boston Childrens Museum has been a collecting institution since its beginning in 1913 and today the collections number approximately 50,000 objects, including cultural artifacts and natural history specimens, which can be broken into six main collecting areas, Native American, Japanese, Americana, Global Dolls, General Cultural Collections, and Natural History. The collection is most frequently used to enhance museum exhibits, for scholarly research, as well as educational programming. | |
| Part V, Line 4: | THE ORGANIZATION'S TERM ENDOWMENTS ARE USED FOR THE FOLLOWING PURPOSES: 1) CAPITAL CAMPAIGN, 2) EXHIBITS AND 3) OTHER PROGRAMS. THE MUSEUM USES ITS PERMANENT ENDOWMENTS IN ACCORDANCE WITH UPMIFA AND SPENDS FOUR-AND-A-HALF PERCENT OF THE AVERAGE OF THE FMV OF EACH OF THE PREVIOUS 12 QUARTERS TO SUPPORT CURRENT OPERATIONS. THE BOARD-DESIGNATED AND QUASI-ENDOWMENTS ARE USED AT THE BOARD'S DISCRETION. | Description of Intended Use of Endowment Funds: |
| Part X: | THE MUSEUM HAS EVALUATED THE TAX POSITIONS TAXEN ON RETURNS FOR OPEN YEARS AND THOSE EXPECTED TO BE TAKEN ON RETURNS FOR JUNE 30, 2010. IT IS MANAGEMENT'S BELIEF THAT SUCH TAX POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. ACCORDINGLY, NO LIABILITY FOR UNCERTAIN TAX POSITIONS HAS BEEN REFLECTED IN THESE FINANCIAL STATEMENTS. RETURNS FOR TAX YEARS BEGINNING WITH THOSE FILED FOR JUNE 30, 2007 ARE OPEN TO EXAMINATION. | Description of Uncertain Tax Positions Under FIN 48: |
| Part XI, Line 8 - Other Adjustments: | UNREALIZED LOSS ON DERIVATIVE INSTRUMENTS: -136715. BOOK-TAX RENTAL INCOME ADJUSTMENT PER IRC 467: 165165. | |
| Part XII, Line 2d - Other Adjustments: | SPECIAL EVENTS EXPENSES: 40322. RENTAL EXPENSES: 1583117. BOOK-TAX RENTAL INCOME ADJUSTMENT PER IRC 467: 165165. UNREALIZED LOSS ON DERIVATIVE FINANCIAL INSTRUMENTS: -136715. | |
| Part XIII, Line 2d - Other Adjustments: | SPECIAL EVENTS EXPENSES: 40322. rental expenses: 1583117. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | HOME EDITION | NameOfEvent1 |
| Gross Receipts Event1 | 86100 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 86100 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 29398 | OtherDirectExpensesEvent1 |
| Name Of Event2 | BIG APPLE CIRCUS | NameOfEvent2 |
| Gross Receipts Event2 | 119376 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 119376 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 10924 | OtherDirectExpensesEvent2 |
| Gross Receipts Total | 205476 | GrossReceiptsTotal |
| Gross Revenue Total Events | 205476 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 40322 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 40322 | DirectExpenseSummaryEvents |
| Net Income Summary | 165154 | NetIncomeSummary |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOU CASAGRANDE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Base Compensation Filing Org | 158499 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 3304 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 161803 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASSACHUSETTS DEVELOPMENT FINANCE AGENCY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 043431181 | IssuerEIN |
| CUSIP Number | 57583RGQ2 | CUSIPNumber |
| Date Issued | 2006-09-25 | DateIssued |
| Description Of Purpose | SEE SCHEDULE 0 | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 30000000 | TotalProceeds |
| Amount Defeased | 6921695 | AmountDefeased |
| Issuance Costs From Proceeds | 396523 | IssuanceCostsFromProceeds |
| Capital Expenditures | 22681782 | CapitalExpenditures |
| Year Of Subst Completion | 2007 | YearOfSubstCompletion |
| Current Refunding | 1 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Bond Counsel Routinely Engaged | 1 | BondCounselRoutinelyEngaged |
| Prcntge Prvt Business Use By Others | 0.00000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 1 | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CITIZENS BANK | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 10.000000000000 | TermOfHedge |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Form 990, Part VI, Section B, line 11 | THE FINANCE AND AUDIT COMMITTEES ARE THE GOVERNING BODIES THAT HAVE RESPONSIBILITY FOR REVIEWING THE FORM 990. THIS FORM WAS DISTRIBUTED BY EMAIL TO THESE COMMITTEES PRIOR TO THE FILING DATE, LEAVING TIME FOR QUESTIONS AND COMMENTS. IN ADDITION, THE ENTIRE BOARD OF TRUSTEES ALSO RECEIVED A COPY OF THE FORM 990 AND WAS INVITED TO RAISE ISSUES OR QUESTIONS PRIOR TO THE FILING OF THE FORM 990. | |
| Form 990, Part VI, Section B, line 12c | ON AN ANNUAL BASIS, THE MUSEUM ASKS ALL THE TRUSTEES AND KEY EMPLOYEES TO REVIEW AND EXECUTE A CONFLICT OF INTEREST POLICY STATEMENT. IT IS THE RESPONSIBILITY OF THE PRESIDENT, CEO AND/OR THE CHAIR TO REVIEW AND DISCLOSE CONFLICTS AND HANDLE THE MATTER AS HE OR SHE DEEMS APPROPRIATE. THE CONFLICT OF INTEREST POLICY STATEMENT ALSO OBLIGATES EACH FIDUCIARY, ON AN ONGOING BASIS, TO REPORT ANY CONFLICTS EITHER EXISTING OR PERCEIVED TO THE PRESIDENT OR CHIEF EXECUTIVE OFFICER. | |
| Form 990, Part VI, Section B, line 15a | THE PROCESS FOR REVIEWING AND DETERMINING THE CEO'S COMPENSATION IS AS FOLLOWS: THERE IS AN AD HOC COMPENSATION COMMITTEE, WHICH IS A SUBSET OF THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES AND CONVENES TO REVIEW MARKET DATA FOR THIS POSITION. BASED ON THIS REVIEW, A COMPENSATION PACKAGE WAS AGREED UPON. THIS PROCESS WAS ADOPTED IN THE FALL OF 2008. | |
| Form 990, Part VI, Section C, line 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. | |
| FORM 990, PART XI, LINE 2C | THE AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE MUSEUM'S FINANCIAL STATEMENTS AND SELECTION OF THE INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. | AUDIT COMMITTEE RESPONSIBILITY |
| SCHEDULE K, PART 1, BOND ISSUANCE: | FINANCE AND REFINANCE THE CAPITAL COSTS OF THE A)ACQUISITION,CONSTRUCTION, RENOVATION, AND EQUIPPING OF THE BORROWER'S FACILITES, B) PROJECTS ORIGINALLY FINANCES WITH SERIES 2001 BONDS, AND C) CERTAIN COSTS OF ISSUANCE. | DESCRIPTION OF BOND PURPOSE |
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