2011-11-14T16:12:14-06:00 2010-12-31 OWEN PETERSEN AND CO LLP 399 ROUTE 109 SUITE 2 WEST BABYLON NY 11704 990 2010-01-01 111700962 SUFFOLK COUNTY HISTORICAL SOCIETY SUFF 6317272881 300 WEST MAIN STREET RIVERHEAD NY 11901 KATHRYN M CURRAN 6317272881 2011-11-11 1 LISA MARTINELLI-BOWMAN CPA 6313219800 2010 2016-03-07 17:11:31Z KATHRYN M CURRAN 300 WEST MAIN STREET RIVERHEAD NY 11901 450101 0 X WWW.SUFFOLKCOUNTYHISTORICALSOCIETY.ORG X 1886 NY THE SOCIETY PROVIDES EDUATIONAL PROGRAMS, A MUSEUM, AND A LIBRARY FOR THE BENEFIT OF STUDENTS, RESEARCHERS, AND THE GENERAL PUBLIC. 7 7 7 10 0 0 261073 294583 5408 3696 14540 24369 5427 2572 286448 325220 0 0 0 0 183142 205293 0 0 9615 141800 126681 324942 331974 -38494 -6754 757327 795013 5003 7797 752324 787216 A HISTORICAL SOCIETY THAT PROVIDES EDUCATIONAL PROGRAMS, A MUSEUM, AND A LIBRARY FOR THE BENEFIT OF STUDENTS, RESEARCHERS AND THE GENERAL PUBLIC. 0 0 13171 2343 EDUCATION PROGRAMS - SERVES LOCAL SCHOOL DISTRICTS AND THE PUBLIC ON THE HISTORY OF SUFFOLK COUNTY, IT'S PEOPLE AND PLACES: ALSO COMPUTER INTEREST GROUPS AND GENEAOLOGISTS. 66569 1353 RESEARCH LIBRARY - PUBLIC AND EDUCATIONAL REFERENCE LIBRARY PROVIDING HISTORICAL DOCUMENTS AND GENEOLOGICAL/HISTORY PROGRAMS 151459 MUSEUM- PUBLIC AND EDUCATIONAL DISPLAYS AND EXHIBITS REFLECTING THE HISTORY OF SUFFOLK COUNTY. 231199 1 1 0 0 0 0 1 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 7 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 1 1 0 NY X KATHRYN M CURRAN SUFFOLK COUNTY HISTORICAL SOCIETY 6317272881 300 WEST MAIN STREET RIVERHEAD NY 11901 NOEL J GISH 1.00 X 0 0 0 THE HON JAMES HUDSON 1.00 X 0 0 0 WILLIAM R HULSE 1.00 X 0 0 0 WALLACE BROEGE 40.00 X X 57000 0 0 BOB BARAUSKAS 2.00 X 0 0 0 ROBERT ANRIG 1.00 X 0 0 0 HELEN MULVIHILL 1.00 X 0 0 0 ALLYSON T REEVE 2.00 X 0 0 0 57000 0 0 0 0 0 0 0 10630 2435 276099 5419 834 294583 3696 3696 3696 14586 14586 129515 119732 9783 9783 9783 2780 2435 0 2780 2780 4941 5149 -208 -208 325220 3488 0 27149 57000 48450 5700 2850 109727 78110 30343 1274 25244 18071 6327 846 13322 10112 2880 330 9500 9500 8038 8038 24560 19763 3743 1054 544 519 25 17672 12219 3977 1476 35421 27611 7810 2201 2148 53 1111 1111 6366 6366 14399 10729 2678 992 EXHIBITS AND CONSERVATI 4608 2908 1700 MISCELLANEOUS 1656 549 339 768 MEMBERSHIP AND SUBSCRIP 605 10 595 331974 231199 91160 9615 45027 42447 48678 39293 25435 39732 55609 54519 5543 2996 491966 436842 54758 55124 522277 560902 757327 795013 3590 5754 1413 2043 5003 7797 X 738132 773000 14192 14216 752324 787216 757327 795013 X -6754 41646 X 0 1 1 X 0 X 242748 350132 318717 261073 294583 1467253 242748 350132 318717 261073 294583 1467253 1467253 16695 19568 18241 14540 14586 83630 1550883 77412 0.94610 0.94440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 26634 26634 339148 324378 14770 126184 112464 13720 55124 325220 331974 -6754 41646 41646 34892 378711 41646 6696 5149 53491 325220 0 325220 343819 6696 5149 11845 331974 0 331974 PART III, LINE 1A: IN ACCORDANCE WITH THE PROVISIONS OF GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, THE SOCIETY DOES NOT CAPITALIZE DONATED WORKS OF ART OR RECOGNIZE THEM AS REVENUES OR GAINS ON THE STATEMENT OF ACTIVITIES. THAT STATEMENT PROVIDES THAT SUCH DONATIONS NEED NOT BE RECOGNIZED IF THEY ARE ADDED TO COLLECTIONS THAT ARE HELD FOR PUBLIC EXHIBITION, EDUCATION OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FINANCIAL GAIN; ARE PROTECTED, KEPT UNEMCUMBERED, CARED FOR, AND PRESERVED; AND ARE SUBJECT TO A POLICY THAT REQUIRES THE PROCEEDS FROM SALES OF COLLECTION ITEMS TO BE USED TO ACQUIRE OTHE RITEMS FOR COLLECTIONS. IN ADDITION, ITEMS ACQUIRED THROUGH PURCHASE ARE NOT CAPITALIZED. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IF PUCHASED WITH UNRESTRICTED ASSETS AND AS DECREASED IN TEMPORARILY RESTRICTED OR PERMANENTLY RESTRICTED IF PURCHASED WITH DONOR RESTRICTED ASSETS. PROCEEDS FROM THE SALE OF COLLECTION ITEMS ARE PRESENTED AS A INCREASE IN NET ASSETS. THE SOCIETY'S COLLECTION'S MANAGEMENT POLICY ESTABLISHES FOUR BROAD CATEGORIES OF COLLECTIONS, GENERAL HISTORY, DECORATIVE ARTS, FINE AND FOLK ARTS, AND ETHNOGRAPHIC AND NATURAL HISTORY, WHICH GUIDE THE SOCIETY'S COLLECTING PRACTICES. WITHIN THESE CATAGORIES THER EARE SMALLER GROUPINGS OF DIVERSE HISTORICAL OBJECTS THAT INCLUDE ITEMS SUCH AS ARMS AND ARMAMENT, COSTUMES, TOOLS AND EQUIPMENT, CERAMICS, FURNITURE, GLASS, TEXTILES, PAINTINGS, DRAWINGS, SCULPTURE, GRAPHIC ARTS, MUSICAL INSTRUMENTS,PROJECTILE POINTS AND STONE TOOLS,NATIVE AMERICAN HANDIWORK AND WILDLIFE SPECIMENS. THE GENERAL HISTORY (COSTUME, TOOLS AND EQUIPMENT,DOLLS, TOYS AND GAMES)AND THE DECORATIVE ARTS (CERAMICS, FURNITURE AND TEXTILES) ARE CONSIDERED THE "PRIMARY COLLECTIONS" OF THE SOCIETY. THE LIBRARY AND ARCHIVAL COLLECTIONS ARE DIVIDED INTO TWO BROAD CATEGORIES, EACH WITH SUB-GROUPINGS. THE LIBRARY COLLECTIONS INCLUDE MATERIALS FOR GENERAL HISTORICAL RESEARCH, GENEALOGICAL RESEARCH AND CULTURAL RESOURCE PUBLICATIONS. THE ARCHIVE INCLUDES PERSONAL PAPERS, ACCOUNT BOOKS, DIARIES, MARITIME DOCUMENTS, PHOTOGRAPHS, MAPS AND RAILROAD MATERIALS. THE PHOTOGRAPH COLLECTIONS, AND MANUSCRIPT COLLECTIONS (ORIGINAL DOCUMENTS) ARE IRREPLACEABLE, AND THEREFORE ARE CONSIDERED TO BE OF GREATER IMPORTANCE RELATIVE TO OTHER COLLECTIONS. NO ARTIFACTS OR LIBRARY MATERIALS WERE DEACCESSIONED DURING 2010. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: ACCOUNTING STANDARDS REQUIRE THAT MANGEMENT EVALUATE THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS. COMPANIES ARE REQUIRED TO RECOGNIZE IN THEIR FINANCIAL STATEMENTS THE IMPACT OF A TAX POSITION IF THE POSITION IS MORE LIKELY THAN NOT OF BEING SUSTAINED ON AUDIT. THE POSITON ASCERTAINED INHERENTLY REQUIRES JUDGMENT AND ESTIMATES BY MANAGEMENT. FOR THE YEAR ENDED DECEMBER 31, 2010 AND 2009 TH SOCIETY DOES NOT BELIEVE THAT THEY HAVE ANY MATERIAL UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE THEM TO MEASURE AND REFLECT THE POTENTIAL LACK OF SUSTAINABILITY OF A POSITION ON AUDIT IN THEIR FINANCIAL STATEMENTS. MANGEMENT WILL CONTINUE TO EVALUATE THEIR TAX POSITIONS TO DETERMINE IF MEASUREMENT AND RECOGNITION IN THE PRESENTATION OF FINANCIAL STATEMENTS IS REQUIRED. THE SOCIETY BELIEVES IT IS NO LONGER SUBJECT TO EXAMINATION PRIOR TO 2007. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF MERCHANDISE SOLD PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF MERCHANDISE SOLD FORM 990, PART VI, SECTION A, LINE 6 THE SOCIETY'S MEMBERSHIP IS MAINLY MADE UP OF INDIVIDUALS WHO RESIDE IN THE COUNTY OF SUFFOLK. THE SOCIETY CHARGES A MEMBERSHIP FEE WHICH ENTITLES THE MEMBER TO FREE USE OF THE SOCIETY'S LIBRARY COLLECTIONS, INCLUDING RESEARCH SERVICES AND PHOTOCOPYING OF RESEARCH MATERERIAL AT A REDUCED RATE. MEMBERS ALSO RECIEVE A 10% DISCOUNT IN THE SOCIETY'S MUSEUM GIFT SHOP. FORM 990, PART VI, SECTION B, LINE 11 AN DRAFT COPY OF THE FORM 990 IS PROVIDED TO THE FINANCE COMMITTEE FOR THEIR REVIEW AND APPROVAL PRIOR. THE FINANCE COMMITTEE THEN PRESENTS THE FORM 990 TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD CONDUCTS A PERFORMANCE AND COMPENSATION REVIEW OF THE EXECUTIVE DIRECTOR WHO IS A KEY EMPLOYEE OF THE SOCIETY. THE BOARD AUTHORIZES ALL SALARY INCREASES. THE EXECUTIVE DIRECTOR CONDUCTS A PERFORMANCE REVIEW OF ALL EMPLOYEES AND REPORTS TO THE BOARD WITH HIS/HER RECOMMENDATIONS. THE BOARD HAS FINAL APPROVAL ON COMPENSATION. COMPARABLE SALARIES IN THE NON PROFIT SECTOR ARE USED BY THE BOARD AS A GUIDELINE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 41,646.