OLD STURBRIDGE INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- OLD STURBRIDGE INC (EIN 04-2104809)
- Tax period
- 2010-02-01 to 2011-01-31
- Filed
- 2011-12-13
- IRS object ID
- 201143479349300419
- Schema version
- 2010v3.4
- 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 | 2011-12-13T12:30:48-06:00 | Timestamp |
| Tax Period End Date | 2011-01-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BOLLUS LYNCH LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 89 SHREWSBURY STREET | AddressLine1 |
| City | WORCESTER | City |
| State | MA | State |
| ZIP Code | 01604 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-02-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042104809 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OLD STURBRIDGE INC DBA OLD STURBRIDGE VILLAGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | OLDS | NameControl |
| Phone | 5083473362 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 OLD STURBRIDGE VILLAGE ROAD | AddressLine1 |
| City | STURBRIDGE | City |
| State | MA | State |
| ZIP Code | 01566 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JIM DONAHUE | Name |
| Title | CEO | Title |
| Phone | 5083473362 | Phone |
| Date Signed | 2011-12-02 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BARBARA E KING | Name |
| Phone | 5087557107 | Phone |
| Date Prepared | 2011-12-01 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JIM DONAHUE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 OLD STURBRIDGE VILLAGE ROAD | AddressLine1 |
| City | STURBRIDGE | City |
| State | MA | State |
| ZIP Code | 01566 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 11412708 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.OSV.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1938 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | OLD STURBRIDGE VILLAGE, A MUSEUM AND LEARNING RESOURCE OF NEW ENGLAND LIFE,INVITES EACH VISITOR TO FIND MEANING, PLEASURE, RELEVANCE AND INSPIRATION THROUGH THE EXPLORATION OF HISTORY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 25 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 25 | NbrIndependentVotingMembers |
| Total Nbr Employees | 194 | TotalNbrEmployees |
| Total Nbr Volunteers | 250 | TotalNbrVolunteers |
| Total Gross UBI | 117705 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -158439 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2388603 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2554391 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 2500620 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 2605834 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 99251 | InvestmentIncomePriorYear |
| Investment Income Current Year | 535351 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 799393 | OtherRevenuePriorYear |
| Other Revenue Current Year | 988681 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 5787867 | TotalRevenuePriorYear |
| Total Revenue Current Year | 6684257 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 3815202 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 3692271 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 12059 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 340431 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2977870 | OtherExpensePriorYear |
| Other Expenses Current Year | 3036125 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 6805131 | TotalExpensesPriorYear |
| Total Expenses Current Year | 6728396 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -1017264 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -44139 | RevenuesLessExpensesCY |
| Total Assets BOY | 19057679 | TotalAssetsBOY |
| Total Assets EOY | 19949778 | TotalAssetsEOY |
| Total Liabilities BOY | 8346564 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 8904732 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 10711115 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 11045046 | NetAssetsOrFundBalancesEOY |
| Mission Description | OLD STURBRIDGE VILLAGE, A MUSEUM AND LEARNING RESOURCE OF NEW ENGLAND LIFE, INVITES EACH VISITOR TO FIND MEANING, PLEASURE, RELEVANCE AND INSPIRATION THROUGH THE EXPLORATION OF HISTORY. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 3182982 | Expense |
| Revenue | 2993956 | Revenue |
| Description | EDUCATION & PUBLIC PROGRAMMING: PROVIDED PROGRAMS AND ACTIVITIES FOR LEARNING ABOUT AMERICA'S HISTORY WITH A FOCUS ON EARLY NEW ENGLAND DURING 1790-1840. INTERPRETERS PORTRAYED THE DAILY LIFE, WORK, AND CELEBRATIONS OF AN EARLY NEW ENGLAND COMMUNITY TO APPROXIMATELY 244,000 VISITORS, INCLUDING 68,000 SCHOOL CHILDREN. OVER 11,000 ADDITIONAL VISITORS PARTICIPATED IN VARIOUS SPECIAL PROGRAMS AND EDUCATIONAL ACTIVITIES. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1070493 | Expense |
| Description | RESEARCH, CURATORIAL AND LIBRARY: RESEARCH INTO THE MATERIAL AND WRITTEN SOURCES OF REGIONAL HISTORY AND EFFORTS TO COLLECT AND PRESERVE THE BUILDING, OBJECTS, HAND PROCESSES AND CULTURAL PATTERNS OF EARLY NEW ENGLANDERS. HISTORICAL COLLECTIONS INCLUDE OVER 60,000 ARTIFACTS AND 40,000 BOOKS AND MANUSCRIPTS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 4253475 | 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 |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| 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 | 0 | TaxExemptBonds |
| 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 |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 34 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 194 | 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 |
| Excess Business Holdings | 0 | ExcessBusinessHoldings |
| Taxable Distributions | 0 | TaxableDistributions |
| Distribution To Donor | 0 | DistributionToDonor |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 25 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 25 | 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 | 1 | 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 |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OLD STURBRIDGE INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5083473362 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 OLD STURBRIDGE VILLAGE ROAD | AddressLine1 |
| City | STURBRIDGE | City |
| State | MA | State |
| ZIP Code | 01566 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (28 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 |
|---|---|---|---|---|---|---|---|
| PETER AMALFI | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| ANN MARIE ARGITIS | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| JOHN BASSETT | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| CARL E BREYER JR | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| MICHAEL D BROCKELMAN | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| MICHAEL CIMINI | |||||||
| TREASURER | 2.00 | X | 0 | 0 | 0 | ||
| SUSAN B COLLINS | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| LINDA CONNLY | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| DONNA A DECORLETO | |||||||
| CHAIRMAN | 2.00 | X | 0 | 0 | 0 | ||
| NANCY DEMPZE | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| RICHARD B HARDY | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| REED HILLMAN | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| DAVID R MAACK | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| JOSEPH D MESSLER JR | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| CYNTHIA B MICHENER | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| RUSSELL J PEOTTER | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| MARGARET H PIERCE | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| DALE THOMPSON | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| PAUL F SCULLY | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| RICHARD G SCHULZE | |||||||
| VICE CHAIRMAN | 2.00 | X | 0 | 0 | 0 | ||
| SUSAN A VINCENT | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| PAUL S RAPO | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| PAUL E ROGERS | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| JAMES DONAHUE | |||||||
| PRESIDENT | 40.00 | X | 196911 | 0 | 6422 | X | X |
| JOHN KUCHARSKI | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| LISA MARKHAM | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| RENEE CHAMBERS | |||||||
| CLERK | 40.00 | 64539 | 0 | 401 | X | ||
| JAMES EDWARD HOOD | |||||||
| DIRECTOR | 40.00 | 57127 | 0 | 9619 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 318577 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 16442 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RDW GROUP | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15 HOLDEN STREET | AddressLine1 |
| City | PROVIDENCE | City |
| State | RI | State |
| ZIP Code | 02908 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | ADVERTISING/MARKETING SERVICES | DescriptionOfServices |
| Compensation | 249691 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| Membership Dues | 508411 | MembershipDues |
| Fundraising Events | 11412 | FundraisingEvents |
| Government Grants | 175000 | GovernmentGrants |
| All Other Contributions | 1859568 | AllOtherContributions |
| Total Contributions | 2554391 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| ADMISSIONS | 900099 | 2011665 | 2011665 | |
| EDUCATIONAL PROGRAMS | 900099 | 594169 | 593674 | 495 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 2605834 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 173994 | TotalRevenueColumn |
| Exclusion | $173,994 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6785 | TotalRevenueColumn |
| Exclusion | $6,785 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 769353 | Real |
| Personal | 36659 | Personal |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 118794 | Real |
| Personal | 29207 | Personal |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 650559 | Real |
| Personal | 7452 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 658011 | TotalRevenueColumn |
| Unrelated Business Revenue | 74269 | UnrelatedBusinessRevenue |
| Exclusion | $583,742 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4869350 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4507993 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 361357 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 361357 | TotalRevenueColumn |
| Related Or Exempt Function Income | 361357 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 209565 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 11412 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 72457 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 137108 | TotalRevenueColumn |
| Exclusion | $137,108 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 37449 | GrossSalesOfInventory |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 37449 | TotalRevenueColumn |
| Related Or Exempt Function Income | 37449 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|---|
| FOOD SERVICE REVENUE | 900099 | 90867 | 47926 | 42941 | |
| TRUST MANAGEMENT FEES | 900099 | 32696 | $32,696 | ||
| MISCELLANEOUS | 900099 | 25765 | 25765 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 149328 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6684257 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3077836 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 117705 | UnrelatedBusinessRevenue |
| Exclusion | $934,325 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 271388 | Total |
| Management And General | 271388 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2881138 | Total |
| Program Services | 1569645 | ProgramServices |
| Management And General | 1171448 | ManagementAndGeneral |
| Fundraising | 140045 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -9290 | Total |
| Program Services | -5061 | ProgramServices |
| Management And General | -3777 | ManagementAndGeneral |
| Fundraising | -452 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 269331 | Total |
| Program Services | 146731 | ProgramServices |
| Management And General | 109508 | ManagementAndGeneral |
| Fundraising | 13092 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 279704 | Total |
| Program Services | 152383 | ProgramServices |
| Management And General | 113725 | ManagementAndGeneral |
| Fundraising | 13596 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31987 | Total |
| Management And General | 31987 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 73571 | Total |
| Management And General | 73571 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35300 | Total |
| Management And General | 35300 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11537 | Total |
| Fundraising | 11537 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 64026 | Total |
| Management And General | 64026 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 131583 | Total |
| Program Services | 124003 | ProgramServices |
| Management And General | 7580 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 359952 | Total |
| Management And General | 359952 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 237923 | Total |
| Program Services | 65510 | ProgramServices |
| Management And General | 162746 | ManagementAndGeneral |
| Fundraising | 9667 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48639 | Total |
| Management And General | 47266 | ManagementAndGeneral |
| Fundraising | 1373 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 648397 | Total |
| Management And General | 648397 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 93930 | Total |
| Program Services | 28635 | ProgramServices |
| Management And General | 57248 | ManagementAndGeneral |
| Fundraising | 8047 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 112500 | Total |
| Management And General | 112500 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 399961 | Total |
| Program Services | 91892 | ProgramServices |
| Management And General | 307332 | ManagementAndGeneral |
| Fundraising | 737 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 76637 | Total |
| Management And General | 76637 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| OTHER | 342200 | 156164 | 144093 | 41943 |
| MAINTENANCE | 189226 | 189226 | ||
| SPECIAL EVENTS/PROGRAM | 178756 | 153626 | 17439 | 7691 |
| ALLOCATION OF INDIRECT | 0 | 1769947 | -1863102 | 93155 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6728396 | Total |
| Program Services | 4253475 | ProgramServices |
| Management And General | 2134490 | ManagementAndGeneral |
| Fundraising | 340431 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 859838 | BOY |
| EOY | 1252822 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 105700 | BOY |
| EOY | 241963 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 297648 | BOY |
| EOY | 255653 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 127506 | BOY |
| EOY | 109562 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 106070 | BOY |
| EOY | 70763 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 17087190 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 12337122 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4783954 | BOY |
| EOY | 4750068 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4996227 | BOY |
| EOY | 4882307 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 564199 | BOY |
| EOY | 917351 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7216537 | BOY |
| EOY | 7469289 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19057679 | BOY |
| EOY | 19949778 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 702402 | BOY |
| EOY | 882226 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 427896 | BOY |
| EOY | 437094 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2455634 | BOY |
| EOY | 2261140 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1955808 | BOY |
| EOY | 2321725 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2804824 | BOY |
| EOY | 3002547 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8346564 | BOY |
| EOY | 8904732 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3327214 | BOY |
| EOY | 3287480 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1513125 | BOY |
| EOY | 1847867 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5870776 | BOY |
| EOY | 5909699 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10711115 | BOY |
| EOY | 11045046 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19057679 | BOY |
| EOY | 19949778 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -44139 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 378070 | ReconcilationOtherChanges |
| 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 | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3597382 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3658652 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2476118 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2388603 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2554391 | CurrentTaxYear |
| Total | 14675146 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3597382 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3658652 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2476118 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2388603 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2554391 | CurrentTaxYear |
| Total | 14675146 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 1063198 | AmountsSubstContributorsTotal |
| Public Support Total170 | 13611948 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 368269 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 843036 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 949575 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1060471 | CurrentTaxYearMinus1Year |
| Current Tax Year | 982828 | CurrentTaxYear |
| Total | 4204179 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 176850 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 66969 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 259495 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 127859 | CurrentTaxYearMinus1Year |
| Current Tax Year | 50393 | CurrentTaxYear |
| Total | 681566 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 19560891 | TotalSupport |
| Gross Receipts From Admissions Etc | 16437453 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.69590 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.68560 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
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
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets In Part X | 4463757 | AssetsInPartX |
| 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 | 6416541 | BeginningOfYearBalance |
| Contributions | 13600 | Contributions |
| Investment Earnings Or Losses | 820185 | InvestmentEarningsOrLosses |
| Other Expenditures | 137592 | OtherExpenditures |
| Administrative Expenses | 64026 | AdministrativeExpenses |
| End Of Year Balance | 7048708 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 6030069 | BeginningOfYearBalance |
| Contributions | 6627 | Contributions |
| Investment Earnings Or Losses | 1022154 | InvestmentEarningsOrLosses |
| Other Expenditures | 563543 | OtherExpenditures |
| Administrative Expenses | 78766 | AdministrativeExpenses |
| End Of Year Balance | 6416541 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7813168 | BeginningOfYearBalance |
| Contributions | 12300 | Contributions |
| Investment Earnings Or Losses | -1664287 | InvestmentEarningsOrLosses |
| Other Expenditures | -72079 | OtherExpenditures |
| Administrative Expenses | -59033 | AdministrativeExpenses |
| End Of Year Balance | 6030069 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.17000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.83000 | PermanentEndowmentEOYBalance |
| 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 | 245880 | OtherCostOrOtherBasis |
| Book Value | 245880 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 13695866 | OtherCostOrOtherBasis |
| Depreciation | 9798961 | Depreciation |
| Book Value | 3896905 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3145444 | OtherCostOrOtherBasis |
| Depreciation | 2538161 | Depreciation |
| Book Value | 607283 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 4750068 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (2 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| MUSEUM COLLECTIONS | 4463757 |
| ASSETS HELD IN TRUST | 3005532 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 7469289 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ANNUITY PAYMENT LIABILITY | Description |
| Amount | $3,002,547 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 3002547 | TotalOfAmounts |
| Total Revenue | 6684257 | TotalRevenue |
| Total Expenses | 6728396 | TotalExpenses |
| Excess Or Deficit For Year | -44139 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 348863 | NetUnrealizedGLOnInvestments |
| Other | $29,207 | OtherAmount |
| Total Adjustments | 378070 | TotalAdjustments |
| Excess Or Deficit Per FS | 333931 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 7189551 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 348862 | NetUnrealizedGainsInvestments |
| Other Revenues | 220458 | OtherRevenues |
| Revenue Not Rptd F990 | 569320 | RevenueNotRptdF990 |
| Revenue Subtotal | 6620231 | RevenueSubtotal |
| Investment Expenses Not Included | 64026 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 64026 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 6684257 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 6855620 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 191250 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 191250 | ExpensesNotRptdF990 |
| Expenses Subtotal | 6664370 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 64026 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 64026 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 6728396 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 4: | THE COLLECTIONS OF OLD STURBRIDGE VILLAGE INCLUDE THE MATERIAL CULTURE, RESEARCH LIBRARY, VISUAL RESOURCE LIBRARY (PHOTOGRAPHIC), ARCHIVES, ARCHAEOLOGICAL, HISTORIC STRUCTURES, AND LIVING (BOTH LIVESTOCK AND PLANT) COLLECTIONS. EACH OF THESE COLLECTIONS IS VITAL TO THE MUSEUM'S MISSION AND SUPPORTS ITS COMMITMENT TO PRESERVING, RESEARCHING, AND INTERPRETING THE HISTORY AND MATERIAL LIFE OF RURAL NEW ENGLAND. | |
| PART V, LINE 4: | THE ORGANIZATION'S ENDOWMENT CONSISTS OF NUMEROUS FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT INCLUDES BOTH DONOR RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED OR LEGAL RESTRICTIONS. THE ORGANIZATION CLASSIFIES AS PERMANENTLY RESTRICTED NET ASSETS (A) THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT, (B) THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE PERMANENT ENDOWMENT, AND (C) ACCUMULATIONS TO THE PERMANENT ENDOWMENET MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT INSTRUMENT AT THE TIME THE ACCUMULATION IS ADDED TO THE FUND. THE REMAINING PORTION OF THE DONOR-RESTRICTED ENDOWMENET FUND THAT IS NOT CLASSIFIED IN PERMANENTLY RESTRICTED NET ASSETS IS CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS UNTIL THOSE AMOUNTS ARE APPROPRIATED FOR EXPENDITURE BY THE ORGANIZATION IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY STATE LAW. IN ACCORDANCE WITH THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT, THE ASSOCIATION MAY CONSIDER THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATE DONOR-RESTRICTED ENDOWMENT FUNDS: THE DURATION AND PRESERVATION OF THE FUND; THE PURPOSES OF THE ORGANIZATION AND THE DONOR-RESTRICTED ENDOWMENT FUND; GENERAL ECONOMIC CONDITIONS; THE POSSIBLE EFFECT OF INFLATION AND DEFLATION; THE EXPECTED TOTAL RETURN FROM INCOME AND THE APPRECIATION OF INVESTMENTS; OTHER RESOURCES OF THE ORGANIZATION; AND THE INVESTMENT POLICIES OF THE ORGANIZATION. THE ORGANIZATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ITS BOARD-DESIGNATED ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING FOR ITS PROGRAMS WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. UNDER THIS POLICY, AS APPROVED BY THE BOARD OF DIRECTORS, THE ENDOWMENT ASSETS ARE INVESTED IN A MANNER THAT IS INTENDED TO PRODUCE RESULTS THAT EXCEED THE PRICE AND YIELD RESULTS OF THE S & P 500 INDEX WHILE ASSUMING A MODERATE LEVEL OF INVESTMENT RISK. THE ORGANIZAITON EXPECTS ITS ENDOWMENT FUNDS, OVER TIME, TO PROVIDE AN AVERAGE RATE OF RETURN OF APPROXIMATELY 7% ANNUALLY. ACTUAL RETURNS IN ANY GIVEN YEAR MAY VARY FROM THIS AMOUNT. TO SATISFY ITS LONG-TERM RATE-OF-RETURN OBJECTIVES, THE ORGANIZATION RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST, DIVIDENDS AND NET RENTAL INCOME). THE ORGANIZATION HAS INVESTED IN A MUTUAL FUND THAT TARGETS A DIVERSIFIED ASSET ALLOCATION THAT PLACES A GREATER EMPHASIS ON EQUITY-BASED INVESTMENTS TO ACHIEVE ITS LONG-TERM RETURN OBJECTIVES WITHIN PRUDENT RISK CONSTRAINTS. THE ORGANIZATION HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR 5% OF ITS ENDOWMENT FUND'S AVERAGE FAIR VALUE OVER THE PRIOR TWELVE QUARTERS THROUGH THE YEAR-END PRECEDING THE YEAR IN WHICH THE DISTRIBUTION IS PLANNED. IN ESTABLISHING THIS POLICY, THE ORGANIZATION CONSIDERED THE LONG-TERM EXPECTED RETURN ON ITS ENDOWMENT. ACCORDINGLY, OVER THE LONG TERM, THE ORGANIZATION EXPECTED THE CURRENT SPENDING POLICY TO ALLOW ITS ENDOWMENT TO GROW AT AN AVERAGE OF 7% ANNUALLY. THIS IS CONSISTENT WITH THE ORGANIZATION'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF ITS BOARD-DESIGNED ENDOWMENT. FROM TIME TO TIME, THE FAIR VALUE OF ASSETS ASSOCIATED WITH INDIVIDUAL DONOR-RESTRICTED ENDOWMENT FUNDS MAY FALL BELOW THE LEVEL THAT THE DONOR IMPOSED RESTRICTIONS REQUIRE THE ORGANIZATION TO RETAIN AS A FUND OF PERTPETUAL DURATION. IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, DEFICIENCIES OF THIS NATURE ARE REPORTED IN UNRESTRICTED NET ASSETS, SUCH DEFICIENCIES AMOUNTED TO $40,258 AND $70,006 AS OF JANUARY 29, 2011 AND JANUARY 30, 2010, RESPECTIVELY. IN ACCORDANCE WITH THE BOARD'S INTERPRETATION OF RELEVANT STATE LAW, APPROPRIATION OF INVESTMENT RETURN ON THESE FUNDS HAS BEEN SUSPENDED UNTIL SUCH TIME AS THE DEFICIENCY HAS BEEN RESTORED AND THE FAIR VALUE OF THE FUND EXCEEDS THE LEVEL REQUIRED TO BE RETAINED PERMANENTLY. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| FUNCTION EXPENSES RELATED TO RENTAL 29,207. | PART XI, LINE 8 - OTHER ADJUSTMENTS: | |
| RENTAL EXPENSES 118,794. FUNDRAISING EXPENSES 72,457. FUNCTION EXPENSES 29,207. | PART XII, LINE 2D - OTHER ADJUSTMENTS: | |
| RENTAL EXPENSES 118,794. FUNDRAISING EXPENSES 72,456. FUNCTION EXPENSES | PART XIII, LINE 2D - OTHER ADJUSTMENTS: |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GALA | NameOfEvent1 |
| Gross Receipts Event1 | 184217 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 11412 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 172805 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 20271 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 26239 | OtherDirectExpensesEvent1 |
| Name Of Event2 | KEN BURNS AWARDS&FUNDRAISING DINNER | NameOfEvent2 |
| Gross Receipts Event2 | 36760 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 0 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 36760 | GrossRevenueEvent2 |
| Food And Beverage Event2 | 14166 | FoodAndBeverageEvent2 |
| Other Direct Expenses Event2 | 11781 | OtherDirectExpensesEvent2 |
| Gross Receipts Total | 220977 | GrossReceiptsTotal |
| Charitable Contributions Total | 11412 | CharitableContributionsTotal |
| Gross Revenue Total Events | 209565 | GrossRevenueTotalEvents |
| Food And Beverage Total Events | 34437 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 38020 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 72457 | DirectExpenseSummaryEvents |
| Net Income Summary | 137108 | NetIncomeSummary |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JAMES DONAHUE | NamePerson |
| Base Compensation Filing Org | 196911 | 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 | 6422 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 203333 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 7A | THE GOVERNANCE COMMITTEE HAS THE DUTY TO NOMINATE PERSONS FOR ELECTION AS OFFICERS AND TRUSTEES, INCLUDING OVERSEERS, TRUSTEES, AND HONORARY TRUSTEES. THE COMMITTEE DETERMINES THE NEEDS FOR THE BOARD OF TRUSTEES ON AN ONGOING BASIS, IDENTIFYING AND INTERVIEWING NEW MEMBERS FOR ELECTION TO THE BOARD OF TRUSTEES. | |
| FORM 990, PART VI, SECTION B, LINE 11 | DRAFT WILL BE SHARED ELECTRONICALLY WITH BOARD BEFORE FILING. | |
| THE BOARD OF DIRECTORS REVIEWS THE ORGANIZATION'S CONFLICT OF INTEREST POLICY ANNUALLY IN ORDER TO ENSURE THAT THE ORGANIZATION'S BOARD OF DIRECTORS, OFFICERS, AND EMPLOYEES ARE REGULARLY AND CONSISTENTLY MONITORING AND ENFORCING IT. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE ORGANIZATION DETERMINES COMPENSATION OF ITS CEO BY COMPARISONS TO COMPENSATION LEVELS FOR SIMILAR POSITIONS AT OTHER MUSEUMS/NON-PROFIT ORGANIZATIONS WITH COMPARABLE BUDGETS AND SCOPE OF OPERATIONS. | FORM 990, PART VI, SECTION B, LINE 15A | |
| THE ORGANIZATION WILL SEND DOCUMENTS ELECTRONICALLY IF REQUESTED. PHOTOCOPIES WILL BE MADE UPON REQUEST FOR A SMALL FEE TO COVER COSTS. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 348,863. FUNCTION EXPENSES RELATED TO RENTAL 29,207. TOTAL TO FORM 990, PART XI, LINE 5: 378,070. | FORM 990, PART XI, LINE 5: |
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