2011-09-28T07:59:17-05:00 2010-12-31 REZNICK GROUP PC 7501 WISCONSIN AVENUE SUITE 400E BETHESDA MD 208146583 990 2010-01-01 540564701 mount vernon ladies' associaiton of the union MOUN 7037998699 PO BOX 110 MT VERNON VA 221210110 phil manno 2011-09-27 ANNE SCHRANTZ CPA 3016529100 2010 2016-03-07 17:11:31Z X philip manno po box 110 mt vernon VA 22121 213775002 false X www.mountvernon.org X 1853 VA THE MISSION OF THE MOUNT VERNON LADIES' ASSOCIATION IS TO PRESERVE, RESTORE AND MANAGE THE ESTATE OF GEORGE WASHINGTON TO THE HIGHEST STANDARDS AND TO EDUCATE VISITORS AND PEOPLE THROUGHOUT THE WORLD. 26 26 618 380 386029 8410836 78151158 12169956 12238783 -4466945 2987025 4802712 4294188 20916559 97671154 0 113775 0 0 12489700 12669967 198767 206251 1849387 15281174 14561085 27969641 27551078 -7053082 70120076 200314343 281438898 22289201 23101444 178025142 258337454 THE MISSION OF THE MOUNT VERNON LADIES' ASSOCIATION IS TO PRESERVE, RESTORE AND MANAGE THE ESTATE OF GEORGE WASHINGTON TO THE HIGHEST STANDARDS AND TO EDUCATE VISITORS AND PEOPLE THROUGHOUT THE WORLD ABOUT THE LIFE AND LEGACIES OF GEORGE WASHINGTON, SO THAT HIS EXAMPLE OF CHARACTER AND LEADERSHIP WILL CONTINUE TO INFORM AND INSPIRE FUTURE GENERATIONS. false false 22580264 14834636 During 2010, Mount Vernon maintained its status as the most popular historic estate in America. 2010 total attendance was 1,077,477 including 302,082 students. Our Interpretation staff continued to expand the education experience at Mount Vernon with new and exciting programs for visitors of all ages. We announced our plans to build the Fred W. Smith National Library for the Study of George Washington to serve as the premier site for historians and authors to research and write about all things George Washington. The Library site will include a scholars' residence to house up to eight scholars at any one time. We kicked-off a $100 million campaign to not only design and build the Library but also implement new or expanded programs focused on educating the world about the life, leadership and character of George Washington. The Association is the oldest national historic preservation organization in the country and celebrated its 150th anniversary in 2010. In honor of the anniversary, we published The Mount Vernon Ladies Association: 150 Years of Restoring George Washington's Home, a unique perspective of Mount Vernon's rescue, focusing on the women who led the charge and the many preservation initiatives they have initiated over the years. In February we opened Bringing Them Home: 150 Years of Restoring the Washington Collection, a new exhibit in the F.M. Kirby Foundation Gallery focused on the Association's search for Mount Vernon's original furnishings. We increased the historical accuracy and interpretation of the Mansion's Little Parlor as well as the Greenhouse Slave Quarters. These spaces benefited from new curatorial research into their 18th-century appearance and use, and the collection objects placed within them received assessment and treatment by the conservation staff. As part of the goal to better our collections care and preservation (1) the collections management staff completed a 2-year initiative to inventory the curatorial collection and record locations in the new TMS (The Museum System) database, (2) the library staff completed an inventory of the Association's modern and rare book collections as well as initiated a Founding Fathers Library Consortium, and (3) the curatorial and conservation staffs collaborated on a plan to assess and conserve Mansion prints of the highest priority. To reach and engage students and visitors unable to travel to Mount Vernon, the curatorial staff launched a major traveling exhibition-entitled Discover the Real George Washington: New Views from Mount Vernon-which debuted at the Heinz History Center of Pittsburgh in February and opened at the North Carolina Museum of History in Raleigh during September. From 2010 to early 2013, the exhibit will visit 9 sites across the country. The curatorial staff also provided George Washington-focused on-site curatorial and library tours, workshops, and object-based presentations to teachers and graduate students as a means to reach students across the nation. In consultation with teachers and museum specialists, our Education department revised the George Washington Biography Lesson in order to increase its curriculum relevance and render it more user-friendly. We developed a traveling panel exhibition on George Washington, which will begin traveling to libraries, small museums and other low-security venues in February 2011. The Education department conducted "leadership institutes" using George Washington's leadership and character as a part of the training of senior staff at several large organizations. We distributed over 1,000 portraits of George Washington to schools across the country. To promote the study of George Washington's achievements and example in our schools the Education department staff presented at: . Regional workshops in collaboration with local museums and historic sites in New Jersey, Missouri, and Massachusetts. . State-level social studies conferences in New York and Maryland. . The National Council for History Education conference. . Teachers Night at the Smithsonian. 68 teachers from 14 states across the country participated in our week-long intensive Teachers' Institutes. The Teachers' Institute is an intensive week of study and discussion about colonial history and the remarkable role George Washington played in the founding of our nation. We established Teaching Ambassador programs in Ohio and Nevada and launched a two-year continuation of the Ambassador program in Oklahoma. Teaching ambassadors provide educators within their states with access to existing and new educational programs about George Washington and Mount Vernon. Teaching ambassador activities include conducting regional workshops for educators, maintaining a state specific educator blog about Mount Vernon, creating teaching units for the regional workshops and other activities to promote the wisdom of George Washington in the ambassador's home state. Our archaeology team completed excavations in the Upper Garden to retrieve information to guide plans for its restoration. Based on the information gathered, the Horticulture department worked to restore the garden to how it looked when George and Martha strolled the garden paths. The south half of the garden was scraped away, new soil added, grading accomplished, new irrigation installed, brick edging laid, and boxwood, bulbs, roses, shrubs, fruit trees, flowers and vegetables of all sorts were replanted. The Upper Garden restoration will be completed in April 2011. 22580264 true true false false false false true false true true false false false true true true false false false false false false true true false false true false true true false false false false false false false false false false true true false false false false false false false false true 178 0 true 618 true true true false false false true true true true false false false false X 26 26 false false false false false false false true true false false true true true true true true true true false AL AK AZ AR CA CO CT FL GA HI IL KS KY ME MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X X PHILIP MANNO 7037998699 PO BOX 110 MT VERNON VA 22121 X MRS JAMES ALLISON 10.0 X X 0 0 MRS SHEPARD B ANSLEY 10.0 X X 0 0 MRS JOHN F BOOKOUT III 10.0 X X 0 0 MRS WILLIAM H BORTHWICK 10.0 X X 0 0 MRS JAMES CRUMPACKER 10.0 X 0 0 MRS WILLIAM LIPSCOMB DAVIS JR 10.0 X 0 0 MRS JARED EDWARDS 10.0 X 0 0 MRS STANLEY N GAINES 10.0 X 0 0 MRS STEWART GAMMILL III 10.0 X 0 0 MRS JOSEPH W HENDERSON III 10.0 X 0 0 MRS FRANK X HENKE III 10.0 X 0 0 MRS DAVID GARTH HOLDSWORTH 10.0 X 0 0 MRS CHARLES G LANE 10.0 X 0 0 MRS BENJAMIN LUCAS 10.0 X 0 0 MRS JOHN F MARS 10.0 X 0 0 MRS CHARLES B MAYER 10.0 X 0 0 MRS P WILLIAM MOORE 10.0 X 0 0 MS MELODY SAWYER RICHARDSON 10.0 X 0 0 MRS J SCHLEY RUTHERFORD 10.0 X 0 0 MRS EVERETTE SHERRILL 10.0 X X 0 0 MRS RICHARD SIMPLOT 10.0 X 0 0 MRS P COLEMAN TOWNSEND 10.0 X 0 0 MRS THOMAS PETRI 10.0 X 0 0 MRS HUGH SCOTT III 10.0 X 0 0 Mrs ALpha Blackburn 10.0 X 0 0 mrs frank mauran iv 10.0 X 0 0 BARTON GROH 40.0 X 201272 29084 JAMES REES 40.0 X 310048 67320 PHIL MANNO 40.0 X 34327 505 ANN BAY 40.0 X 129859 12312 MEGAN DUNN 40.0 X 110100 19540 F Anderson Morse 40.0 X 114379 18924 SUSAN MAGILL 40.0 X 106923 2023 WILLIAM ROBERTSON 40.0 X 107387 12543 1114295 162251 7 false true false AYERSSAINTGROSS INC 1040 HULL STREET SUITE 100 BALITMORE MD 21230 ARCHITECT 1204726 explus inc 44156 mercure circle DULLES VA 20166 exhibit designers 905323 creative direct response 16900 science drive - sutie 210 BOWIE MD 21705 direct mail marketng 214500 ely inc 4110 forestville road FORESTVILLE MD 20747 exhibit install/mnt 426832 tli construction services 4190 w main street SALEM VA 24153 construction service 258988 5 78151158 1423750 78151158 ADMISSION FEES 900099 12238783 12238783 12238783 1930311 1930311 0 305774 305774 105840744 104784030 1056714 1056714 1056714 669600 166254 503346 503364 0 14135446 11153564 2981882 2595853 386029 OTHER REVENUE 503186 503186 503186 97671154 14834636 386029 4299349 113775 113775 0 0 0 545647 341754 203893 0 9293311 7539910 1273022 480379 836677 659997 144873 31807 941888 628331 238832 74725 1052444 873528 136818 42098 0 114555 23233 91322 91003 91003 0 206251 206251 0 0 367088 352167 14921 891518 704171 179132 8215 0 0 0 203301 172736 16064 14501 0 50513 44495 1683 4335 635990 635990 0 5727530 5727530 178109 49633 85375 43101 CONTRACT & PROF. SVCS 2575154 1817975 140967 616212 COLLECTION & LIBRARY ACQ. 294294 294294 PRINTING 344613 285026 5490 54097 UTILITIES 440383 440383 PROFESSIONAL FEES 765159 697248 67411 500 1881875 1178088 445542 258245 27551078 22580264 3121427 1849387 X 30204 31497 8468939 19250618 4930012 65584833 665574 724187 4244555 3847191 988087 1084157 112465554 43429954 70969304 69035600 98152776 111192643 8431417 6180174 3433475 4507998 200314343 281438898 3664166 3690719 570665 655507 15000000 15000000 3054370 3755218 22289201 23101444 X 111853837 118839190 48831571 116962619 17339734 22535645 178025142 258337454 200314343 281438898 X 70120076 10192236 X false true true X false X X false false false 1186921 11622654 13504952 8410836 78151158 112876521 1870141 24744479 25594475 27370219 26374229 105953543 3057062 36367133 39099427 35781055 104525387 218830064 1081240 773794 790000 12901078 15546112 1081240 773794 790000 12901078 15546112 203283952 329273 4730457 3891626 2264494 2236085 13451935 329273 4730457 3891626 2264494 2236085 13451935 18357 18357 3404692 41097590 42991053 38045549 106761472 232300356 0.87509 0.90600 0.05791 0.08269 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X false 85199712 34913312 8295058 2603866 125804216 76929789 1650414 9850876 3231367 85199712 105658851 4601704 -29080965 4249801 76929789 false false 65875179 33009704 32865475 39489582 5559433 33930149 7100793 4860817 2239976 69035600 0 GIFT ANNUITY 587043 INTEREST RATE SWAP AGREEMENT 3047681 OTHER LIABILITIES 120494 3755218 97671154 27551078 70120076 10963192 -770956 10192236 80312312 119183208 10963192 11319818 22283010 96900198 770956 770956 97671154 38870896 11319818 11319818 27551078 27551078 COLLECTIONS AND RELATIONSHIP TO EXEMPT PURPOSE PART III, LINE 4 The Mount Vernon Ladies' Association (MVLA) collects, researches, conserves, preserves, and shares with the public two- and three-dimensional objects in a variety of media. Responsibility for the collections falls to the Collections Department, which is divided into the Fine and Decorative Arts Curatorial Collection, Special Collections, the Library, and Photo Archives. The Fine and Decorative Arts Curatorial Collection includes three-dimensional objects, textiles, works of art on paper, and paintings. Special Collections includes rare books, historic manuscripts, photographs, MVLA archival materials, and printed ephemera. The Library collects printed material with a primary emphasis on George Washington, Mount Vernon, and the Mount Vernon Ladies' Association. Photo Archives contains modern film, negatives, and digital image files of a variety of Mount Vernon related subjects. The most important initial criterion with which to evaluate a potential acquisition is its contribution to interpretation, exhibition, and research value at Mount Vernon. This includes the following items: -Objects original to Mount Vernon or owned by George and Martha Washington. -Objects related to Washington's non-domestic life, including his role as military leader, surveyor, and president. -Manuscripts by George or Martha Washington not previously reproduced or published in print or electronic format. Books and other published materials owned by George or Martha Washington. -Objects relating to the development and domestic life of Mount Vernon, including material related to family members, visitors, and acquaintances. -Period objects that replicate objects that were at Mount Vernon, for the purpose of enhancing the interpretation and understanding of the estate and the life and legacy of George and Martha Washington. -Archival materials relating to the development and domestic life of Mount Vernon, including materials of family members, visitors, and acquaintances. Books of the Washington and Custis families that are related to collections or interpretation goals. -Manuscripts by George or Martha Washington previously reproduced or published in print or electronic format. -Maps, plans, surveys, manuscripts, rare books, photographs and other documents of historical value relating to 17th, 18th 19th and 20th century life at Mount Vernon and the Washington family. LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER FIN 48 PART X during 2009, the association elected to implement the provision of ASC 740, income taxes ( formerly, Financial Accounting Standards Board (FASB) Interpretations No. 48, Accounting for Uncertainty in income taxes). during the years ended 2010 and 2009, the association did not identify any uncertain tax postions that qualify for either recognition or disclosure in the financial statements. COLLECTIONS OF ART, HISTORICAL TREASURES, OR OTHER SIMILAR ASSETS PART III, LINE 1A Historical properties owned by the Association were acquired through purchases and contributions since the Association's inception. These historical properties are not included as assets in the balance sheet. The cost of these properties is not readily available, and the Association is of the opinion that, because of the intrinsic value of the properties, it is impractical to assign values to the components. Purchases of collection items are recorded as decreases in unrestricted net assets in the year in which the items are acquired, or as temporarily or permanently restricted net assets if the assets used to purchase the items are restricted by donors. Financial statements do not reflect any contributed collection items. RECONCILIATION OF AUDITED FINANCIAL STATEMENTS WITH RETURN PART XII, LINE 2D; PART XIII, LINE 2D . COST OF GOODS SOLD of 11,153,564 . direct expenses from fundraising events 166,254 reconciliation of audited financial part xII line 4d and part XI line 8 change in value of derivative 770,956 X X X X X X true creative direct response fundraisin direct mail false 2222939 1405646 817293 2222939 1405646 817293 DISCUS 269210 269210 42675 LIFEGUARD EVENT 116353 116353 15998 676 8280 4 284037 284037 873 2205 50484 8654 36409 669600 669600 873 2205 66482 9330 87364 166254 503346 true ACCOKEEK FOUNDATION 3400 BRYAN POINT Accokeek MD 20607 526037288 501 (c)(3) 30000 VIEWSHED PRESERVATION National Society for the Sons of the American Revo 3105 Faber Dr Falls Church VA 22044 530116355 501(C)(3) 6000 PROGRAM SUPPORT THE PAPERS OF GEORGE WASHINGTON CO UVA 504 ALDERMAN LIBRARY CHARLOTTESVILLE VA 22904 546001796 501(C)(3) 25000 HISTORICAL SCHOLARSHIP N CAROLINA MUSEUM OF HISTORY FOUND 5 East Edenton St Raleigh NC 27601 200988951 501(C)(3) 20000 support school visits to museum exhibt Historical Society of W Pennsylvania 1212 Smallman Street Pittsburgh PA 15222 250965391 501(C)(3) 7299 support school visits to museum exhibt X X true true X X X X X X false true false false false false false false false BARTON GROH 196272 5000 0 0 29084 230356 0 JAMES REES 285048 25000 0 41500 25820 377368 0 SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN PART I, LINE 4a and 4b JAMES REES, EXECUTIVE DIRECTOR - $25,000 CONTRIBUTION TO 457(F) fairfax county economic development authority 911910090 30382EDU5 2007-06-20 15000000 Refinance existing bonds, fina false false 15000000 128967 14871033 2009 true false true true false false false false false 0.00000 0.00000 0.00000 false false true true suntrust 30. false false false false false X 14 1350428 cost to purchase X Legal and consulting services and speakers' fee 2 21276 cost of services X fundraising services 1 10000 cost to purchase X reupholstering 1 21500 cost to purchase X furniture 1 10000 cost to purchase X grain 1 10548 cost to purchase false true false governance PART VI, section b, line 11 The process surrounding the preparation of this form 990, return of organization exempt from income tax, contained three levels of review. A draft of the return was prepared by our tax advisors, Reznick Group, based on financial information in our certified audit, organizational information documented from the audit, preparation of the required schedules by the finance department, and answers to checklist questions. The draft was first reviewed by the chief financial officer and controller for accuracy of the financial information and complete disclosures. Copies of the draft return were then provided to the President, outside legal counsel, the regent and chairs of the finance and audit committee. A conference call was held with this group, internal finance staff and our tax advisors to explain the return and the relevance to non-profit governance, and discuss the importance of the underlying disclosures to potential donors. After changes were made as a result of these reviews, a final draft copy of the return was provided to all board members for any additional comments or questions before filing. governance PART VI, section b, LINE 12 The Association's Conflict of Interest policy requires the annual completion of a Conflict of Interest form by all Board members, officers and key employees. The form was prepared by outside counsel and asks for documentation of potential conflicts of interest in the following areas: - financial interests - gifts or entertainment that might influence decision making - any other activities The forms are reviewed by the Chief Financial Officer and are discussed with outside counsel and the Executive Committee of the Board, if appropriate. The Executive Director reviews the completed form of the CFO, and takes any appropriate action. governance PART VI, section b, line 15 In late 2006, the board authorized the hiring of Quatt Associates, an outside compensation consultant, to do a comparative review of the compensation of our president and approximately 30 additional management positions. Quatt has significant experience in this area, particularly in the non-profit industry. They surveyed all positions down to the manager level and provided us with benchmark compensation data in comparison to our peer groups (museums and historic houses, etc.) and the northern virginia (suburb of washington, dc) nonprofit job market. The results of this study and subsequent discussions with Quatt in 2008 were used as a basis for negotiating an employment contract with the president and have continued to be used since that time in current compensations decisions. The board plans to conduct these types of compensation studies on a periodic basis, as appropriate, with the next study scheduled for early 2011. governance PART VI, section c, LINE 19 The Association's Articles of Incorporation are available to the public through the State of Virginia State Corporation Commission. The bylaws and the conflict of interest policy, which requires annual disclosure of conflicting interests by directors and officers, are not made available to the public. Financial statements are included in the Association's Annual Report, which is distributed to the donor population and is also available upon specific request. In addition, a summary of the Association's financial information is posted on Guidestar (www.guidestar.org). balance sheet form 990 line 11 Historical Properties and Collections Historical properties and collections owned by the Association were acquired through purchases and contributions since the Association's inception. These historical properties and collections are not included as assets in the statement of financial position. The cost of the properties is not readily available, and the Association is of the opinion that, because of the intrinsic value of the properties, it is impractical to assign values to the components. Purchases of collection items are recorded as decreases in unrestricted net assets in the year in which the items are acquired or as temporarily or permanently restricted net assets if the assets used to purchase the items are restricted by donors. Financial statements do not reflect any contributed collection items. Reconciliation of Net Assets form 990 page 12 Part XI Line 5 unrealized Gain on investment 10,963,192 Change in value of Derivative (770,956) FORM 990 PAGE 12 PART XI LINE 5 10,192,236 amended return the form 990 is being amended to properly record net revenue form sales and unrealized revenue.