﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2010v3.2" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2011-10-31T10:52:01-07:00</Timestamp>
    <TaxPeriodEndDate>2011-03-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>ROBERT TURNER PC</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>PO BOX 4026 190 LITTLETON ROAD</AddressLine1>
        <City>WESTFORD</City>
        <State>MA</State>
        <ZIPCode>018863510</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990</ReturnType>
    <TaxPeriodBeginDate>2010-04-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>237105636</EIN>
      <Name>
        <BusinessNameLine1>MYSTIC VALLEY RAILWAY SOCIETY INC</BusinessNameLine1>
      </Name>
      <NameControl>MYST</NameControl>
      <Phone>9786644004</Phone>
      <USAddress>
        <AddressLine1>PO BOX 365486</AddressLine1>
        <City>HYDE PARK</City>
        <State>MA</State>
        <ZIPCode>021360009</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>RUSSELL RYLKO</Name>
      <Title>PRESIDENT</Title>
      <Phone>9786644004</Phone>
      <DateSigned>2011-10-28</DateSigned>
    </Officer>
    <Preparer>
      <Name>ROBERT M TURNER</Name>
      <Phone>9786923291</Phone>
      <DatePrepared>2011-10-31</DatePrepared>
    </Preparer>
    <TaxYear>2010</TaxYear>
    <BuildTS>2016-03-07 17:11:31Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="4">
    <IRS990 documentId="00000001" referenceDocumentName="IRS990ScheduleO ReasonableCauseExplanation" softwareId="10000104">
      <NameOfPrincipalOfficerPerson>RUSSELL RYLKO</NameOfPrincipalOfficerPerson>
      <AddressPrincipalOfficerUS>
        <AddressLine1>120 BEAVER STREET</AddressLine1>
        <City>HYDE PARK</City>
        <State>MA</State>
        <ZIPCode>02136</ZIPCode>
      </AddressPrincipalOfficerUS>
      <GrossReceipts>249043</GrossReceipts>
      <GroupReturnForAffiliates>false</GroupReturnForAffiliates>
      <Organization501c3>X</Organization501c3>
      <WebSite>N/A</WebSite>
      <TypeOfOrganizationCorporation>X</TypeOfOrganizationCorporation>
      <YearFormation>1970</YearFormation>
      <StateLegalDomicile>MA</StateLegalDomicile>
      <ActivityOrMissionDescription>Educational - Transportation/Railway</ActivityOrMissionDescription>
      <NbrVotingMembersGoverningBody>12</NbrVotingMembersGoverningBody>
      <NbrIndependentVotingMembers>0</NbrIndependentVotingMembers>
      <TotalNbrEmployees>0</TotalNbrEmployees>
      <TotalNbrVolunteers>12</TotalNbrVolunteers>
      <TotalGrossUBI>0</TotalGrossUBI>
      <ContributionsGrantsCurrentYear>18665</ContributionsGrantsCurrentYear>
      <ProgramServiceRevenueCY>206412</ProgramServiceRevenueCY>
      <InvestmentIncomeCurrentYear>21910</InvestmentIncomeCurrentYear>
      <OtherRevenueCurrentYear>593</OtherRevenueCurrentYear>
      <TotalRevenueCurrentYear>247580</TotalRevenueCurrentYear>
      <GrantsAndSimilarAmntsCY>0</GrantsAndSimilarAmntsCY>
      <BenefitsPaidToMembersCY>0</BenefitsPaidToMembersCY>
      <SalariesEtcCurrentYear>0</SalariesEtcCurrentYear>
      <TotalProfFundrsngExpCY>0</TotalProfFundrsngExpCY>
      <TotalFundrsngExpCurrentYear>0</TotalFundrsngExpCurrentYear>
      <OtherExpensesCurrentYear>220689</OtherExpensesCurrentYear>
      <TotalExpensesCurrentYear>220689</TotalExpensesCurrentYear>
      <RevenuesLessExpensesCY>26891</RevenuesLessExpensesCY>
      <TotalAssetsBOY>728595</TotalAssetsBOY>
      <TotalAssetsEOY>792414</TotalAssetsEOY>
      <TotalLiabilitiesBOY>81449</TotalLiabilitiesBOY>
      <TotalLiabilitiesEOY>59766</TotalLiabilitiesEOY>
      <NetAssetsOrFundBalancesBOY>647146</NetAssetsOrFundBalancesBOY>
      <NetAssetsOrFundBalancesEOY>732648</NetAssetsOrFundBalancesEOY>
      <MissionDescription>Educational - Transportation/Railway</MissionDescription>
      <SignificantNewProgramServices>false</SignificantNewProgramServices>
      <SignificantChange>false</SignificantChange>
      <Expense>205787</Expense>
      <Revenue>206412</Revenue>
      <Description>RAIL TOURS AND RAIL SHOWS FOR GENERAL PUBLIC</Description>
      <TotalProgramServiceExpense>205787</TotalProgramServiceExpense>
      <DescribedIn501C3 referenceDocumentId="00000002" referenceDocumentName="IRS990ScheduleA">true</DescribedIn501C3>
      <ScheduleBRequired>false</ScheduleBRequired>
      <PoliticalActivities>false</PoliticalActivities>
      <LobbyingActivities>false</LobbyingActivities>
      <DonorAdvisedFunds>false</DonorAdvisedFunds>
      <ConservationEasements>false</ConservationEasements>
      <CollectionsOfArt>false</CollectionsOfArt>
      <CreditCounseling>false</CreditCounseling>
      <TermOrPermanentEndowments>false</TermOrPermanentEndowments>
      <ReportLandBldgEquip referenceDocumentId="00000003" referenceDocumentName="IRS990ScheduleD">true</ReportLandBldgEquip>
      <ReportInvestOthSecurities>false</ReportInvestOthSecurities>
      <ReportProgRelInvest referenceDocumentId="00000003" referenceDocumentName="IRS990ScheduleD">true</ReportProgRelInvest>
      <ReportOtherAssets>false</ReportOtherAssets>
      <ReportOtherLiabilities>false</ReportOtherLiabilities>
      <ReportFin48Footnote>false</ReportFin48Footnote>
      <IndependentAuditFinancialStmt>false</IndependentAuditFinancialStmt>
      <ConsolidatedAuditFinancialStmt>false</ConsolidatedAuditFinancialStmt>
      <School>false</School>
      <ForeignOffice>false</ForeignOffice>
      <ForeignActivities>false</ForeignActivities>
      <MoreThan5000KToOrganizations>false</MoreThan5000KToOrganizations>
      <MoreThan5000KToIndividuals>false</MoreThan5000KToIndividuals>
      <ProfessionalFundraising>false</ProfessionalFundraising>
      <FundraisingActivities>false</FundraisingActivities>
      <Gaming>false</Gaming>
      <Hospital>false</Hospital>
      <GrantsToOrganizations>false</GrantsToOrganizations>
      <GrantsToIndividuals>false</GrantsToIndividuals>
      <ScheduleJRequired>false</ScheduleJRequired>
      <TaxExemptBonds>false</TaxExemptBonds>
      <ExcessBenefitTransaction>false</ExcessBenefitTransaction>
      <PriorExcessBenefitTransaction>false</PriorExcessBenefitTransaction>
      <LoanToOfficerOrDQP>false</LoanToOfficerOrDQP>
      <GrantToRelatedPerson>false</GrantToRelatedPerson>
      <BsnssRltnshpWithOrganization>false</BsnssRltnshpWithOrganization>
      <BsnssRltnshpThruFamilyMember>false</BsnssRltnshpThruFamilyMember>
      <OfficerEntityWithBsnssRltnshp>false</OfficerEntityWithBsnssRltnshp>
      <DeductibleNonCashContributions>false</DeductibleNonCashContributions>
      <DeductibleContributionsOfArt>false</DeductibleContributionsOfArt>
      <Terminated>false</Terminated>
      <PartialLiquidation>false</PartialLiquidation>
      <DisregardedEntity>false</DisregardedEntity>
      <RelatedEntity>false</RelatedEntity>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <TransactionRelatedEntity>false</TransactionRelatedEntity>
      <ActivitiesConductedPartnership>false</ActivitiesConductedPartnership>
      <ScheduleORequired>true</ScheduleORequired>
      <NumberFormsTransmittedWith1096>0</NumberFormsTransmittedWith1096>
      <NumberW2GIncluded>0</NumberW2GIncluded>
      <NumberOfEmployees>0</NumberOfEmployees>
      <UnrelatedBusinessIncome>false</UnrelatedBusinessIncome>
      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ProhibitedTaxShelterTrans>false</ProhibitedTaxShelterTrans>
      <TaxablePartyNotification>false</TaxablePartyNotification>
      <NonDeductibleContributions>false</NonDeductibleContributions>
      <QuidProQuoContributions>false</QuidProQuoContributions>
      <Form8282PropertyDisposedOf>false</Form8282PropertyDisposedOf>
      <FundsToPayPremiums>false</FundsToPayPremiums>
      <PremiumsPaid>false</PremiumsPaid>
      <IndoorTanningServices>false</IndoorTanningServices>
      <InfoInScheduleOPartVI>X</InfoInScheduleOPartVI>
      <NbrVotingGoverningBodyMembers>12</NbrVotingGoverningBodyMembers>
      <NumberIndependentVotingMembers>0</NumberIndependentVotingMembers>
      <FamilyOrBusinessRelationship>true</FamilyOrBusinessRelationship>
      <DelegationOfManagementDuties>false</DelegationOfManagementDuties>
      <ChangesToOrganizingDocs>false</ChangesToOrganizingDocs>
      <MaterialDiversionOrMisuse>false</MaterialDiversionOrMisuse>
      <MembersOrStockholders>false</MembersOrStockholders>
      <ElectionOfBoardMembers>false</ElectionOfBoardMembers>
      <DecisionsSubjectToApproval>false</DecisionsSubjectToApproval>
      <MinutesOfGoverningBody>true</MinutesOfGoverningBody>
      <MinutesOfCommittees>true</MinutesOfCommittees>
      <OfficerMailingAddress>false</OfficerMailingAddress>
      <LocalChapters>false</LocalChapters>
      <Form990ProvidedToGoverningBody>false</Form990ProvidedToGoverningBody>
      <ConflictOfInterestPolicy>false</ConflictOfInterestPolicy>
      <WhistleblowerPolicy>false</WhistleblowerPolicy>
      <DocumentRetentionPolicy>false</DocumentRetentionPolicy>
      <CompensationProcessCEO>false</CompensationProcessCEO>
      <CompensationProcessOther>false</CompensationProcessOther>
      <InvestmentInJointVenture>false</InvestmentInJointVenture>
      <StatesWhereCopyOfReturnIsFiled>MA</StatesWhereCopyOfReturnIsFiled>
      <UponRequest>X</UponRequest>
      <TheBooksAreInCareOf>
        <NamePerson>ALBERT AVJIAN</NamePerson>
        <TelephoneNumber>9786644004</TelephoneNumber>
        <AddressUS>
          <AddressLine1>203 NORTH STREET</AddressLine1>
          <City>NORTH READING</City>
          <State>MA</State>
          <ZIPCode>01864</ZIPCode>
        </AddressUS>
      </TheBooksAreInCareOf>
      <NoListedPersonsCompensated>X</NoListedPersonsCompensated>
      <Form990PartVIISectionA>
        <NamePerson>W RUSSELL RYLKO</NamePerson>
        <Title>President</Title>
        <AverageHoursPerWeek>20.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>THERESA RYLKO</NamePerson>
        <Title>Executive VP</Title>
        <AverageHoursPerWeek>20.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>ALBERT AVJIAN</NamePerson>
        <Title>Treasurer</Title>
        <AverageHoursPerWeek>20.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>SALLY M AVJIAN</NamePerson>
        <Title>Recdg Sec</Title>
        <AverageHoursPerWeek>20.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>DOTTIE DEAR</NamePerson>
        <Title>Corresp. Sec</Title>
        <AverageHoursPerWeek>10.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>FANNIE CHUNG</NamePerson>
        <Title>Director</Title>
        <AverageHoursPerWeek>10.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JERRY GERJETS</NamePerson>
        <Title>Director</Title>
        <AverageHoursPerWeek>10.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>MARYANN RYLKO</NamePerson>
        <Title>Director</Title>
        <AverageHoursPerWeek>10.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JOANNE GERJETS</NamePerson>
        <Title>Director</Title>
        <AverageHoursPerWeek>10.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JEFF COSTELLO</NamePerson>
        <Title>Safety Chairperson</Title>
        <AverageHoursPerWeek>10.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JOE MCDONOUGH</NamePerson>
        <Title>Director</Title>
        <AverageHoursPerWeek>5.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>ROMA HERTEL</NamePerson>
        <Title>Director</Title>
        <AverageHoursPerWeek>5.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <FormersListed>false</FormersListed>
      <TotalCompGT150K>false</TotalCompGT150K>
      <CompensationFromOtherSources>false</CompensationFromOtherSources>
      <MembershipDues>14262</MembershipDues>
      <AllOtherContributions>4403</AllOtherContributions>
      <TotalContributions>18665</TotalContributions>
      <ProgramServiceRevenue>
        <Description>Railway Tours</Description>
        <BusinessCode>611000</BusinessCode>
        <TotalRevenueColumn>206412</TotalRevenueColumn>
      </ProgramServiceRevenue>
      <TotalProgramServiceRevenue>206412</TotalProgramServiceRevenue>
      <InvestmentIncome>
        <TotalRevenueColumn>19956</TotalRevenueColumn>
        <ExclusionAmount>19956</ExclusionAmount>
      </InvestmentIncome>
      <GrossAmountSalesAssets>
        <Other>3417</Other>
      </GrossAmountSalesAssets>
      <LessCostOthBasisSalesExpenses>
        <Other>1463</Other>
      </LessCostOthBasisSalesExpenses>
      <GainOrLoss>
        <Other>1954</Other>
      </GainOrLoss>
      <NetGainOrLossInvestments>
        <TotalRevenueColumn>1954</TotalRevenueColumn>
        <ExclusionAmount>1954</ExclusionAmount>
      </NetGainOrLossInvestments>
      <OtherRevenueMisc>
        <Description>Miscellaneous</Description>
        <BusinessCode>999999</BusinessCode>
        <TotalRevenueColumn>593</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>593</RelatedOrExemptFunctionIncome>
      </OtherRevenueMisc>
      <TotalOtherRevenue>593</TotalOtherRevenue>
      <TotalRevenue>
        <TotalRevenueColumn>247580</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>207005</RelatedOrExemptFunctionIncome>
        <ExclusionAmount>21910</ExclusionAmount>
      </TotalRevenue>
      <FeesForServicesAccounting>
        <Total>2975</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>2975</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </FeesForServicesAccounting>
      <Advertising>
        <Total>15778</Total>
        <ProgramServices>15778</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </Advertising>
      <OfficeExpenses>
        <Total>3263</Total>
        <ProgramServices>1632</ProgramServices>
        <ManagementAndGeneral>1631</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OfficeExpenses>
      <InformationTechnology>
        <Total>217</Total>
        <ProgramServices>217</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </InformationTechnology>
      <ConferencesMeetings>
        <Total>3273</Total>
        <ProgramServices>1637</ProgramServices>
        <ManagementAndGeneral>1636</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </ConferencesMeetings>
      <DepreciationDepletion>
        <Total>2561</Total>
        <ProgramServices>2561</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </DepreciationDepletion>
      <OtherExpenses>
        <Description>Trade Shows</Description>
        <Total>1473</Total>
        <ProgramServices>1473</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Membership expenses and fees</Description>
        <Total>5963</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>5963</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Photography</Description>
        <Total>0</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Trip costs</Description>
        <Total>175599</Total>
        <ProgramServices>175599</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Permits</Description>
        <Total>15</Total>
        <ProgramServices>15</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OtherExpenses>
      <AllOtherExpenses>
        <Total>9572</Total>
        <ProgramServices>6875</ProgramServices>
        <ManagementAndGeneral>2697</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </AllOtherExpenses>
      <TotalFunctionalExpenses>
        <Total>220689</Total>
        <ProgramServices>205787</ProgramServices>
        <ManagementAndGeneral>14902</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </TotalFunctionalExpenses>
      <CashNonInterestBearing>
        <BOY>105906</BOY>
        <EOY>83987</EOY>
      </CashNonInterestBearing>
      <InventoriesForSaleOrUse>
        <BOY>2066</BOY>
        <EOY>1903</EOY>
      </InventoriesForSaleOrUse>
      <PrepaidExpensesDeferredCharges>
        <BOY>36399</BOY>
        <EOY>35229</EOY>
      </PrepaidExpensesDeferredCharges>
      <LandBuildingsEquipmentBasis>55844</LandBuildingsEquipmentBasis>
      <LandBldgEquipmentAccumDeprec>48636</LandBldgEquipmentAccumDeprec>
      <LandBuildingsEquipmentBasisNet>
        <BOY>9892</BOY>
        <EOY>7208</EOY>
      </LandBuildingsEquipmentBasisNet>
      <InvestmentsProgramRelated>
        <BOY>574332</BOY>
        <EOY>664087</EOY>
      </InvestmentsProgramRelated>
      <TotalAssets>
        <BOY>728595</BOY>
        <EOY>792414</EOY>
      </TotalAssets>
      <AccountsPayableAccruedExpenses>
        <BOY>154</BOY>
        <EOY>45</EOY>
      </AccountsPayableAccruedExpenses>
      <DeferredRevenue>
        <BOY>81295</BOY>
        <EOY>59721</EOY>
      </DeferredRevenue>
      <TotalLiabilities>
        <BOY>81449</BOY>
        <EOY>59766</EOY>
      </TotalLiabilities>
      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
        <BOY>647146</BOY>
        <EOY>732648</EOY>
      </UnrestrictedNetAssets>
      <TotalNetAssetsFundBalances>
        <BOY>647146</BOY>
        <EOY>732648</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>728595</BOY>
        <EOY>792414</EOY>
      </TotalLiabNetAssetsFundBalances>
      <ReconcilationRevenueExpenses>26891</ReconcilationRevenueExpenses>
      <ReconcilationOtherChanges>58611</ReconcilationOtherChanges>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>true</AccountantCompileOrReview>
      <FSAudited>false</FSAudited>
      <AuditCommittee>false</AuditCommittee>
      <FinancialStatementSeparate>X</FinancialStatementSeparate>
      <FederalGrantAuditRequired>false</FederalGrantAuditRequired>
    </IRS990>
    <IRS990ScheduleA documentId="00000002" softwareId="10000104">
      <PubliclySupportedOrg509a2>X</PubliclySupportedOrg509a2>
      <PublicSupportTotal170>0</PublicSupportTotal170>
      <GrossInvestmentIncome170>
        <Total>0</Total>
      </GrossInvestmentIncome170>
      <PublicSupportPertcentage170>0</PublicSupportPertcentage170>
      <GiftsGrantsContribReceived509>
        <CurrentTaxYearMinus4Years>22370</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>17721</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>16712</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>15346</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>18665</CurrentTaxYear>
        <Total>90814</Total>
      </GiftsGrantsContribReceived509>
      <GrossReceiptsFromAdmissions>
        <CurrentTaxYearMinus4Years>257204</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>328504</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>189520</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>277072</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>206412</CurrentTaxYear>
        <Total>1258712</Total>
      </GrossReceiptsFromAdmissions>
      <Total509>
        <CurrentTaxYearMinus4Years>279574</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>346225</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>206232</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>292418</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>225077</CurrentTaxYear>
        <Total>1349526</Total>
      </Total509>
      <PublicSupportTotal509>1349526</PublicSupportTotal509>
      <GrossInvestmentIncome509>
        <CurrentTaxYearMinus4Years>59029</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>2488</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>18462</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>15016</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>21910</CurrentTaxYear>
        <Total>116905</Total>
      </GrossInvestmentIncome509>
      <InvestmentIncomeAndUBTI>
        <CurrentTaxYearMinus4Years>59029</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>2488</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>18462</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>15016</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>21910</CurrentTaxYear>
        <Total>116905</Total>
      </InvestmentIncomeAndUBTI>
      <OtherIncome509>
        <CurrentTaxYearMinus4Years>880</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>927</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>1921</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>469</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>593</CurrentTaxYear>
        <Total>4790</Total>
      </OtherIncome509>
      <TotalSupportTotal>
        <Total>1471221</Total>
      </TotalSupportTotal>
      <PublicSupportPercentage509>0.91730</PublicSupportPercentage509>
      <PriorYearSupportPercentage>0.91280</PriorYearSupportPercentage>
      <InvestmentIncomePercentage>0.07950</InvestmentIncomePercentage>
      <PriorYrInvestIncomePercentage>0.08140</PriorYrInvestIncomePercentage>
      <ThirtyThreePercntTestsCY509>X</ThirtyThreePercntTestsCY509>
      <FactsAndCircumstancesTest>OTHER INCOME PART III, LINE 12; DESCRIPTION: SOCIALS; 2006: 880.; 2007: 927.; 2008: 1921.; 2009: 469.; 2010: 593.;</FactsAndCircumstancesTest>
    </IRS990ScheduleA>
    <IRS990ScheduleD documentId="00000003" softwareId="10000104">
      <Equipment>
        <InvestmentCostOrOtherBasis>55844</InvestmentCostOrOtherBasis>
        <Depreciation>48636</Depreciation>
        <BookValue>7208</BookValue>
      </Equipment>
      <TotalOfBookValueLandBuildings>7208</TotalOfBookValueLandBuildings>
      <InvestmentsProgramRelated>
        <Description>Fidelity Worldwide</Description>
        <BookValue>115023</BookValue>
        <MethodOfValuation>F</MethodOfValuation>
      </InvestmentsProgramRelated>
      <InvestmentsProgramRelated>
        <Description>Diversified International</Description>
        <BookValue>63847</BookValue>
        <MethodOfValuation>F</MethodOfValuation>
      </InvestmentsProgramRelated>
      <InvestmentsProgramRelated>
        <Description>Mid Cap Stock</Description>
        <BookValue>30358</BookValue>
        <MethodOfValuation>F</MethodOfValuation>
      </InvestmentsProgramRelated>
      <InvestmentsProgramRelated>
        <Description>GNMA Fund</Description>
        <BookValue>40078</BookValue>
        <MethodOfValuation>F</MethodOfValuation>
      </InvestmentsProgramRelated>
      <InvestmentsProgramRelated>
        <Description>Puritan</Description>
        <BookValue>90302</BookValue>
        <MethodOfValuation>F</MethodOfValuation>
      </InvestmentsProgramRelated>
      <InvestmentsProgramRelated>
        <Description>Low Priced Stock</Description>
        <BookValue>33841</BookValue>
        <MethodOfValuation>F</MethodOfValuation>
      </InvestmentsProgramRelated>
      <InvestmentsProgramRelated>
        <Description>Stragetic Income</Description>
        <BookValue>158469</BookValue>
        <MethodOfValuation>F</MethodOfValuation>
      </InvestmentsProgramRelated>
      <InvestmentsProgramRelated>
        <Description>Export &amp; Multinational</Description>
        <BookValue>36878</BookValue>
        <MethodOfValuation>F</MethodOfValuation>
      </InvestmentsProgramRelated>
      <InvestmentsProgramRelated>
        <Description>Income Fund</Description>
        <BookValue>24083</BookValue>
        <MethodOfValuation>F</MethodOfValuation>
      </InvestmentsProgramRelated>
      <InvestmentsProgramRelated>
        <Description>T Rowe Price Cap Apprec.</Description>
        <BookValue>47301</BookValue>
        <MethodOfValuation>F</MethodOfValuation>
      </InvestmentsProgramRelated>
      <InvestmentsProgramRelated>
        <Description>Yacktman Fund</Description>
        <BookValue>23720</BookValue>
        <MethodOfValuation>F</MethodOfValuation>
      </InvestmentsProgramRelated>
      <InvestmentsProgramRelated>
        <Description>Cash</Description>
        <BookValue>187</BookValue>
        <MethodOfValuation>F</MethodOfValuation>
      </InvestmentsProgramRelated>
      <TotalOfBookValueProgramRelated>664087</TotalOfBookValueProgramRelated>
    </IRS990ScheduleD>
    <IRS990ScheduleO documentId="00000004" softwareId="10000104">
      <GeneralExplanation>
        <Identifier>Pt VI-A, Line 2</Identifier>
        <Explanation>President Russel Rylko's wife is the Executive V.P.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Thersea Rylko. Treasurer Al Avjian wife is the recording</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>secretary Sally Avjian. Director's Jerry and Joanne</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Gerjets are married.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI-B, Line 11a</Identifier>
        <Explanation>Organizations Process to Review Form 990. No review</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>was or will be conducted</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI-C, Line 19</Identifier>
        <Explanation>Governing Documents Disclosure Explanation.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>No Governing Documents available to the public.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990EZ, Part I, Line 8</Identifier>
        <Explanation>MISCELLANEOUS INCOME 593.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990EZ, Part I, Line 16</Identifier>
        <Explanation>ADVERTISING 15778. MEMBERSHIP EXPENSES AND FEES 5963. PHOTOGRAPHY 0. TRIP COSTS 175599. MISCELLANEOUS EXPENSE 65. BANK &amp; S/C 3. OFFICE SUPPLIES 3263. MEETINGS 3273. COMMUNICATION EXPENSE 217. LICENSES &amp; PERMITS 15. MASS CORP FEES 125. TRADE SHOW EXPENSE 1473. TELEPHONE 1648. TAXES - OTHER 240. AUTO EXPENSE 0.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990EZ, Part I, Line 20</Identifier>
        <Explanation>UNREALIZED GAIN IN SECURITIES 59588. BOOK/TAX DIFFERENCE IN DEPRECIATION -977.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990EZ, Part II, Line 24</Identifier>
        <Explanation>INVENTORIES 2066. 1903. PREPAIDS 36399. 35229.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990EZ, Part II, Line 26</Identifier>
        <Explanation>ACCOUNTS PAYABLE &amp; ACCRUED EXPENSES 154. 45. DEFERRED REVENUE 81295. 59721.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part IX, Line 24f</Identifier>
        <Explanation>MASS CORP FEES 125. 125. 0. 0. SALES TAX 240. 240. 0. 0. BANK SERVICE CHARGE 3. 3. 0. 0. POSTAGE &amp; FREIGHT 7491. 5618. 1873. 0. TELEPHONE 1648. 824. 824. 0. MISCELLANEOUS EXPENSE 65. 65. 0. 0.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>