2011-11-11T11:45:28-06:00 2010-12-31 BONADIO & CO LLP 6 WEMBLEY COURT ALBANY NY 12205 990 2010-01-01 141275432 SCHENECTADY MUSEUM ASSOCIATION SCHE 5183827890 15 NOTT TERRACE HEIGHTS SCHENECTADY NY 123083198 TOBI SAULNIER 5183827890 2011-11-08 1 TERRI CONRAD REGAN 5184644080 2011-11-08 2010 2016-03-07 17:11:31Z SCHENECTADY MUSEUM & SUITS-BUECHE PL JANE GOLUBDENISE GONICK 15 NOTT TERRACE HEIGHTS SCHENECTADY NY 123083198 2739201 0 X WWW.SCHENECTADYMUSEUM.ORG X 1934 NY TO MAINTAIN A SCIENCE AND TECHNOLOGY MUSEUM WHERE ALL OF OUR EXHIBITS, PROGRAMS, AND EVENTS ARE DESIGNED WITH OUR MISSION IN MIND: TO INSPIRE A SENSE OF WONDER ABOUT EXTRAORDINARY SCIENTIFIC AND TECHNOLOGICAL DEVELOPMENTS: PAST, PRESENT, AND FUTURE. 17 17 34 400 0 0 1066701 217931 147405 154629 -4276 78365 109533 139418 1319363 590343 0 0 0 0 941756 739006 0 0 193303 694692 693194 1636448 1432200 -317085 -841857 5526799 4828634 82185 123935 5444614 4704699 X TO INSPIRE A SENSE OF WONDER ABOUT EXTRAORDINARY SCIENTIFIC AND TECHNOLOGICAL DEVELOPMENTS: PAST, PRESENT AND FUTURE.THE MUSEUM FULFILLS THIS MISSION BY PRESERVING AND INTERPRETING THE HISTORY OF TECHNOLOGICAL CHANGE AND ITS IMPACT ON SOCIETY AND CULTURE BEGININNING IN THE 19TH CENTURY. WE EXPLORE THE CREATIVE PROCESS AND HUMAN SPIRIT THAT INSPIRES DISCOVERY AND INVENTION, AND IMAGINE WHAT IS YET TO BE. 0 0 819494 230964 MUSEUM PROGRAMS INCLUDE A PLANETARIUM; EDUCATIONAL PROGRAMS INCLUDING GUIDED TOURS AND CONTINUING PROGRAMS FOR ADULTS AND YOUNG PEOPLE; MUSEUM DEVOTED TO THE SUBJECT OF SCIENCE, INDUSTRY, TECHNOLOGY, AND HISTORY. APPROXIMATELY 18,102 GENERAL ADMISSIONS, 7,235 SERVED IN SCHOOL PROGRAMS, 3,154 SERVED IN FAMILY/PUBLIC PROGRAMS, 4,353 SERVED IN YOUTH PROGRAMS AND 435 SERVED IN ADULT PROGRAMS. 106272 SCIENCE CENTER PLANNING. 925766 1 1 0 0 0 0 1 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 19 0 1 34 1 0 0 0 0 0 1 1 0 0 0 0 X 17 17 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X JESSICA BRAUN 5183827890 15 NOTT TERRACE HEIGHTS SCHENECTADY NY 12308 DAVID BARTKOWSKI 1.00 X X 0 0 0 ROBERT J BYLANCIK 1.00 X 0 0 0 MARK G CAMPITO 1.00 X 0 0 0 JANE N GOLUB 1.00 X X 0 0 0 DENISE V GONICK 1.00 X X 0 0 0 JAMES LOMMEL 1.00 X 0 0 0 BRADLEY G LEWIS 1.00 X X 0 0 0 HOWARD R HART JR 1.00 X 0 0 0 TOBI SAULNIER 1.00 X X 0 0 0 PETER J SCANLAN 1.00 X 0 0 0 JOHN SCHNEITER 1.00 X 0 0 0 JOAN S WAGNER 1.00 X 0 0 0 DALE C MCHERRON 1.00 X 0 0 0 JOHN QUIGLEY 1.00 X 0 0 0 EARL REDDING 1.00 X 0 0 0 BILL SCHWARZ 1.00 X 0 0 0 STEPHEN LAFLECHE 1.00 X 0 0 0 KERRY M ORLYK 37.50 X 79697 0 22920 JESSICA BRAUN 37.50 X 27192 0 1768 SHARON L JURS X 9053 0 0 106889 0 24688 0 0 0 0 0 35880 39121 142930 217931 PROGRAM INCOME 900099 79822 79822 ADMISSIONS 900099 74807 74807 154629 45470 45470 25000 25000 25000 25000 2134695 2101800 32895 32895 32895 63130 25047 38083 38083 69218 22011 47207 47207 MISCELLANEOUS 900099 29128 29128 29128 590343 230964 0 141448 131577 14606 89000 27971 483476 326501 58851 98124 23933 15822 2392 5719 41727 27458 5897 8372 58293 32392 14202 11699 73164 42930 21766 8468 16728 16728 16500 16500 19102 19102 45187 37896 2527 4764 36456 15749 9889 10818 19335 12624 1161 5550 118737 108312 7518 2907 7511 2490 907 4114 1637 1142 75 420 5538 1298 3203 1037 158081 118561 39520 21165 17566 2728 871 SCIENCE CENTER PLANNING 106272 106272 EQUIPMENT EXPENSE 18135 15049 617 2469 PROGRAM SERVICE COLLECT 15067 15067 PROGRAM SERVICES OTHER 8533 8533 PROGRAM SERVICE EXHIBIT 5498 5498 548 548 1432200 925766 313131 193303 200 200 45425 74516 13273 8769 966019 788169 10406 10037 3828 10042 4162421 2395999 1912099 1766422 2025907 1653596 549641 516882 1 1 5526799 4828634 65326 89283 16859 34652 82185 123935 X 3526253 2736193 392599 442744 1525762 1525762 5444614 4704699 5526799 4828634 X -841857 101942 X X 0 1 1 X 0 X 631990 616346 1070628 1066701 217931 3603596 631990 616346 1070628 1066701 217931 3603596 1823458 1780138 168007 138669 100370 66499 45470 519015 4122611 1395341 0.43180 0.46730 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 1525762 1525762 1059762 466000 1525762 759762 300000 1059762 1.00000 1 0 368040 368040 2775115 1634365 1140750 1019266 761634 257632 1766422 MONEY MARKET FUNDS 516882 C 516882 590343 1432200 -841857 101942 101942 -739915 739344 101942 47059 149001 590343 0 590343 1479259 47059 47059 1432200 0 1432200 PART III, LINE 1A: COLLECTIONS THE MUSEUM'S COLLECTIONS ARE MADE UP OF ARTIFACTS OF HISTORICAL, CULTURAL, OR SCIENTIFIC SIGNIFICANCE THAT ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC, OR CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE COLLECTIONS ARE SUBJECT TO A POLICY THAT REQUIRES PROCEEDS FROM THEIR SALES TO BE USED FOR THE IMPROVEMENT AND MAINTENANCE OF EXISTING COLLECTIONS. IN ACCORDANCE WITH THE PRACTICE GENERALLY FOLLOWED BY MUSEUMS, THE VALUE OF OBJECTS IN THE COLLECTIONS IS EXCLUDED FROM THE FINANCIAL STATEMENTS; COLLECTIONS ARE REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS AT A NOMINAL VALUE OF $1. SINCE THE MUSEUM'S INCEPTION, SUCH COLLECTIONS WERE ACQUIRED PRIMARILY THROUGH CONTRIBUTIONS. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED OR AS DECREASES IN TEMPORARILY RESTRICTED NET ASSETS, IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN NET ASSETS. DURING 2010 AND 2009, THE MUSEUM SOLD COLLECTION ITEMS FOR $0 AND $42,913, RESPECTIVELY. IN ACCORDANCE WITH THE MUSEUM'S POLICY, THE PROCEEDS WERE DEPOSITED IN TEMPORARILY RESTRICTED NET ASSETS TO BE USED EXCLUSIVELY FOR THE IMPROVEMENT AND MAINTENANCE OF EXISTING COLLECTIONS. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: INCOME FROM ENDOWMENT FUND IS TO BE USED FOR OPERATING PURPOSES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: FINANCIAL STATEMENT FOOTNOTE 2, INCOME TAXES, INCLUDES A DISCLOSURE RELATED TO UNCERTAIN TAX POSITIONS UNDER FIN 48. THE TEXT RELATED TO THE MUSEUM'S LIABILITY IS AS FOLLOWS: FOR TAX-EXEMPT ENTITIES, THEIR TAX EXEMPT STATUS ITSELF IS DEEMED TO BE AN UNCERTAINTY, SINCE EVENTS COULD POTENTIALLY OCCUR TO JEOPARDIZE THEIR TAX-EXEMPT STATUS. AS OF DECEMBER 31, 2010 AND 2009, THE MUSEUM DOES NOT HAVE A LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE MUSEUM FILES EXEMPT ORGANIZATION TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND NEW YORK STATE. THE MUSEUM IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2007. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 25,048. COST OF SALES 22,011. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 25,048. COST OF SALES 22,011. ANNUAL GALA 63130 63130 10075 1000 13972 63130 63130 10075 1000 13972 25047 38083 X 19 0 MUSEUM DOES NOT RECOGNIZ 0 1 1 THIRD PARTY USE: PART I, LINE 32B: THE MUSEUM HIRED AN UNRELATED AUCTION HOUSE TO SELL PREVIOUSLY ACCESSIONED ITEMS THAT DO NOT FIT THE ORGANIZATION'S MISSION OF INSPIRING A SENSE OF WONDER ABOUT EXTRAORDINARY SCIENTIFIC AND TECHNOLOGICAL DEVELOPMENTS. NON REPORTING OF REVENUE: PART I, LINE 33: THE MUSEUM DOES NOT VALUE THEIR HISTORICAL ARTIFACTS AND THEREFORE DOES NOT COUNT THEM AS REVENUE. FORM 990, PART VI, SECTION A, LINE 6 THE MUSEUM HAS DUES PAYING MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A TRUSTEES ARE THE ONLY VOTING MEMBERS OF THE ASSOCIATION. FORM 990, PART VI, SECTION B, LINE 11 THE DRAFT 990 IS FIRST REVIEWED IN DETAIL BY THE MUSEUM'S DIRECTOR OF FINANCE AND THE EXECUTIVE DIRECTOR. ANY CHANGES, COMMENTS AND QUESTIONS ARE REVIEWED WITH THE TAX PREPARER. A REVISED DRAFT IS COMPLETED AND FORWARDED TO THE FINANCE COMMITTEE, COMPRISED OF MEMBERS OF THE GOVERNING BODY, FOR THEIR APPROVAL AND SUBMISSION TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES SIGN A CONFLICT OF INTEREST POLICY YEARLY AND PROVIDE A SUMMARY OF ALL DISCLOSED CONFLICTS TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 COMPARISON TO 2 INDUSTRY SALARY GUIDES AND THEN APPROVED BY FINANCE AND EXECUTIVE COMMITTEES. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST AND CAN ALSO BE ACCESSED AT WWW.GUIDESTAR.ORG CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 101,942. FORM 990, PART XI, LINE 2C: NO CHANGE FROM PRIOR YEAR. FORM 990, PART IX, LINE 24A: ALL LOBBYING EXPENSES ARE REFLECTED IN PART IX, STATEMENT OF FUNCTIONAL EXPENSES, IN THE SCIENCE CENTER PLANNING INCLUDED ON LINE 24A, AS THEY PERTAIN TO THE MUSEUM'S PLANS FOR BUILDING A NEW SCIENCE CENTER.