2023-05-11T10:44:58-05:00 2022-06-30 541631262 KEITER STEPHENS HURST GARY & SHREAVES 4401 DOMINION BLVD GLEN ALLEN VA 23060 990 2021-07-01 540419452 VIRGINIA HISTORICAL SOCIETY VIRG 8043401800 PO BOX 7311 RICHMOND VA 23221 DAVID KUNNEN CFO 8043401800 2023-05-10 1 DAVID KUNNEN 999009999 VIRGINIA R BELCHER P00421964 8047470000 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z VIRGINIA MUSEUM OF HISTORY & CULTURE JAMIE O BOSKET PO BOX 7311 RICHMOND VA 23221 15764179 0 X WWW.VIRGINIAHISTORY.ORG X 501(C)(3) 1831 VA CONNECTING PEOPLE TO AMERICA'S PAST THROUGH THE UNPARALLELED STORY OF VIRGINIA. 32 32 89 25 0 0 31294075 12638294 223534 549444 -1464182 1533128 428443 535029 30481870 15255895 0 402500 0 0 4458345 4826009 0 0 975451 3903445 9154694 8361790 14383203 22120080 872692 152846402 153035924 8753577 20406953 144092825 132628971 CONNECTING PEOPLE TO AMERICA'S PAST THROUGH THE UNPARALLELED STORY OF VIRGINIA. BY COLLECTING, PRESERVING AND INTERPRETING THE COMMONWEALTH'S HISTORY, WE LINK PAST WITH PRESENT AND INSPIRE FUTURE GENERATIONS. 0 0 3008118 COLLECTIONS AND RESEARCH 8442303 402500 PROGRAMS AND EDUCATION 11450421 1 1 0 0 0 0 0 1 0 1 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 40 0 1 89 1 1 1 0 0 0 0 0 0 0 0 0 X 32 32 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR AZ CA CO CT FL GA HI IL KS KY ME MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X X X THE VIRGINIA HISTORICAL SOCIETY 8043401800 428 N ARTHUR ASHE BOULEVARD RICHMOND VA 23220 MAKOLA M ABDULLAH TRUSTEE 2.00 X 0 0 0 NEIL AMIN TRUSTEE 2.00 X 0 0 0 VICTOR K BRANCH TRUSTEE 2.00 X 0 0 0 JEANETTE R CADWALLENDER TRUSTEE 2.00 X 0 0 0 WILLIAM C DAVIS TRUSTEE 2.00 X 0 0 0 JOANIE EILAND TRUSTEE 2.00 X 0 0 0 PETER F FARRELL TRUSTEE 2.00 X 0 0 0 RUSSELL B HARPER TRUSTEE 2.00 X 0 0 0 HONORABLE CN JENKINS JR TRUSTEE 2.00 X 0 0 0 G GILMER MINOR TRUSTEE 2.00 X 0 0 0 EDWARD A MULLEN TRUSTEE 2.00 X 0 0 0 JOHN R NELSON TRUSTEE 2.00 X 0 0 0 KEVIN B OSBORNE TRUSTEE 2.00 X 0 0 0 ELIZABETH A SEEGAR TRUSTEE 2.00 X 0 0 0 J TRACY WALKER IV TRUSTEE 2.00 X 0 0 0 RICHARD P CULLEN VICE CHAIRMAN 2.00 X 0 0 0 CARLOS BROWN TRUSTEE 2.00 X 0 0 0 PAMELA K ROYALL CHAIR 2.00 X 0 0 0 AUSTIN BROCKENBROUGH III HONORARY VICE CHAIR 2.00 X 0 0 0 HARRY F BYRD III HONORARY VICE CHAIR 2.00 X 0 0 0 NANCY H GOTTWALD HONORARY VICE CHAIR 2.00 X 0 0 0 CONRAD M HALL HONORARY VICE CHAIR 2.00 X 0 0 0 THOMAS G SLATER HONORARY VICE CHAIR 2.00 X 0 0 0 WILLIAM H FRALIN REGIONAL VICE CHAIR 2.00 X 0 0 0 SUSAN S GOODE REGIONAL VICE CHAIR 2.00 X 0 0 0 GEN JOHN P JUMPER REGIONAL VICE CHAIR 2.00 X 0 0 0 LISA R MOORE REGIONAL VICE CHAIR 2.00 X 0 0 0 GERALD F SMITH REGIONAL VICE CHAIR 2.00 X 0 0 0 LANDON HILLIARD REGIONAL VICE CHAIR 2.00 X 0 0 0 ELIZABETH A MCCLANAHAN TRUSTEE 2.00 X 0 0 0 ROBERT TAYLOR TRUSTEE 2.00 X 0 0 0 CHARLES CABELL TRUSTEE 2.00 X 0 0 0 LINWOOD A LACY JR TRUSTEE 2.00 X 0 0 0 ROBERT C SLEDD TRUSTEE 2.00 X 0 0 0 JAMIE O BOSKET PRESIDENT AND CEO 40.00 X 354090 0 12783 RICHARD S HEIMAN CFO 40.00 X 146217 0 18400 ANNA E POWERS VP ADVANCEMENT 40.00 X 177980 0 18548 ADAM E SCHER VP FOR COLLECTIONS 40.00 X 121682 0 11488 TRACY D SCHNEIDER VP MARKETING & COMMUNICATI 40.00 X 143992 0 20299 943961 0 81518 5 0 1 0 WHITING-TURNER CONRACTING CO 3015 WEST MOORE ST SUITE 100 RICHMOND VA 23230 CONSTRUCTION 11653281 1220 EXHIBITS INC 3801 VULCAN DR NASHVILLE TN 37211 EXHIBIT SERVICES 1592465 ELECTROSONIC 3320 NORTH SAN FERNANDO BLVD BURBANK CA 91504 AUDIO VISUAL 806827 DONNA LAWRENCE PRODUCTIONS 624 BAXTER AVE LOUISVILLE KY 40202 FILM PRODUCTION 763400 HARDWARE INSTALLATION SERVICES INC 11 CLARK RD HAMPTON VA 23664 HARDWARE INSTALLATION 358760 5 345514 3097331 9195449 12911 12638294 FEES AND ADMISSION 900099 467326 467326 ROYALTIES 900099 26773 26773 PHOTOCOPY SALES 900099 17656 17656 CAFE SALES 900099 15209 15209 PUBLICATIONS 900099 14988 14988 7492 7492 549444 231368 231368 552039 0 552039 552039 552039 1586683 0 284923 1586683 -284923 1301760 1301760 109075 168020 -58945 -58945 90360 55341 35019 35019 MISCELLANEOUS 900099 6616 6616 MAGAZINE ADVERTISING 541800 300 300 6916 15255895 591379 0 2026222 402500 402500 553901 444673 65073 44155 3500254 2675502 561536 263216 200953 147354 25523 28076 285763 196098 63520 26145 285138 184455 70573 30110 272141 272141 754142 408937 57739 287466 180789 149128 22574 9087 211277 172706 30409 8162 652809 436558 201965 14286 36188 11417 22828 1943 166981 131058 31550 4373 2172829 1704815 411868 56146 EXHIBITIONS 2611442 2611442 CONSTRUCTION COSTS 726984 726984 OTHER 494123 297367 103042 93714 PROMOTION 395911 381549 14362 479078 367878 2628 108572 14383203 11450421 1957331 975451 3381918 4172177 19555757 19939457 78522368 35387306 32330350 43135062 87026366 75799756 10552011 9989472 152846402 153035924 3591017 2199763 232500 932382 758888 4230178 17215802 8753577 20406953 X 62800712 61980817 81292113 70648154 144092825 132628971 152846402 153035924 X 872692 -12333701 -2845 X 0 1 X 1 1 1 X 5578641 5367904 10124366 31294075 12625383 64990369 5578641 5367904 10124366 31294075 12625383 64990369 64990369 749700 1062503 884688 629592 810180 4136663 1450 1450 55848 30215 33980 8102 6916 135061 69263543 754557 0.93830 0.93080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 44854935 962667 -7961124 2170381 35686097 32898583 8590420 5366361 2000429 44854935 33846147 488042 495104 1930710 32898583 40259890 1537769 3184841 11136363 33846137 37428103 1685925 3700818 2554956 40259890 0.95240 0.04760 0 0 428961 428961 42794444 30501545 12292899 25362272 1703810 23658462 5056449 1851019 3205430 4880242 1330932 3549310 43135062 ACCRUED INTEREST & DIVIDENDS 29129 OTHER CURRENT ASSETS 818700 DUE FROM SOV 10619997 SOV LLC -1478354 9989472 X PART III, LINE 1A: IN CONFORMITY WITH THE PRACTICE FOLLOWED BY THE MUSEUM INDUSTRY, THE SOCIETY'S FINANCIAL STATEMENTS EXCLUDE THE VALUE OF THE COLLECTION OBJECTS AND LIBRARY HOLDINGS, AND NO DETERMINATION HAS BEEN MADE AS TO THE AGGREGATE VALUE OF SUCH ITEMS. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS OR TEMPORARILY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE COLLECTION ITEMS ARE RESTRICTED BY THE DONOR. THE SOCIETY COLLECTS MANUSCRIPTS, BOOKS, MAPS, NEWSPAPERS, PHOTOGRAPHS, PORTRAITS, AND OTHER WORKS OF ART, AS WELL AS MUSEUM ARTIFACTS THAT ARE RELATED TO VIRGINIA AND AMERICAN HISTORY. THE SOCIETY'S COLLECTIONS ARE MAINTAINED FOR RESEARCH, EDUCATION, AND PUBLIC EXHIBITION IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FOR FINANCIAL GAIN. COLLECTIONS ARE THE MOST VALUABLE ASSETS OF THE SOCIETY AND ARE PROTECTED, KEPT UNENCUMBERED, CARED FOR, AND PRESERVED. AS STEWARD FOR MANY TREASURES RELATING TO THE STATE'S AND NATION'S HISTORY, THE SOCIETY MAINTAINS METICULOUS RECORDS AND IS NATIONALLY NOTED FOR THE DEPTH AND DETAIL OF ITS DESCRIPTIVE CATALOGING FOR ITS LIBRARY HOLDINGS. INTELLECTUAL AS WELL AS PHYSICAL CONTROL OF ALL COLLECTIONS IS MAINTAINED THROUGH EXTENSIVE RECORD KEEPING INCLUDING PROVENANCE OF ORIGIN; ACCESSION DATE; TERMS OF GIFT OR PURCHASE PRICE, WHICHEVER IS APPLICABLE; PHYSICAL DESCRIPTION AND CONDITION REPORT; LOCATION; AND CONSERVATION RECORD. IN CONFORMITY WITH THE AMERICAN ASSOCIATION OF MUSEUM GUIDELINES, COLLECTIONS ARE DEACCESSIONED RARELY AND IN CLOSE ADHERENCE TO SPECIFIC STEPS, CULMINATING IN APPROVAL FROM THE SOCIETY'S PRESIDENT AND COLLECTION COMMITTEE. PROCEEDS DERIVED FROM THE SALE OF ANY DEACCESSIONED COLLECTIONS ARE APPLIED TO RESOURCES RESTRICTED TO THE PURCHASE OF COLLECTIONS. THE SOCIETY DOES NOT INCLUDE EITHER THE COST OR THE VALUE OF ITS COLLECTIONS IN THE STATEMENTS OF FINANCIAL POSITION, NOR DOES IT RECOGNIZE GIFTS OF COLLECTION ITEMS AS REVENUES IN THE STATEMENTS OF ACTIVITES. BECAUSE COLLECTION ITEMS ACQUIRED BY PURCHASE ARE NOT CAPITALIZED, THE COST OF THOSE ACQUISITIONS IS REPORTED AS A DECREASE IN NET ASSETS IN THE STATEMENT OF ACTIVITIES. PART X, LINE 2: THE SOCIETY HAS ADOPTED FINANCIAL REPORTING GUIDANCE RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR INCOME TAXES BY PRESCRIBING THE MINIMUM RECOGNITION THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE SOCIETY'S CONSOLIDATEDFINANCIAL STATEMENTS. THE GUIDANCE ALSO PROVIDES CRITERIA ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE AND TRANSITION. THE SOCIETY DISCLOSES THE EXPECTED FUTURE TAX CONSEQUENCES OF UNCERTAIN TAX POSITIONS PRESUMING THE TAXING AUTHORITIES' FULL KNOWLEDGE OF THE FACTS AND THE SOCIETY'S POSITION, AND RECORDS UNRECOGNIZED TAX BENEFITS OR LIABILITIES FOR KNOWN, OR ANTICIPATED TAX ISSUES BASED ON THE SOCIETY'S ANALYSIS OF WHETHER ADDITIONAL TAXES WOULD BE DUE TO THE AUTHORITY GIVEN THEIR FULL KNOWLEDGE OF THE TAX POSITION. THE SOCIETY HAS COMPLETED ITS ASSESSMENT AND DETERMINED THAT THERE ARE NO TAX POSITIONS WHICH WOULD REQUIRE RECOGNITION. THE SOCIETY IS NOT CURRENTLY UNDER AUDIT FOR ANY JURISDICTION. 0 CHICKAHOMINY INDIAN TRIBE 8200 LOTT CARY ROAD PROVIDENCE FORGE VA 23140 510214164 3 65000 0 GENERAL PURPOSE LET FREEDOM RING FOUNDATION 757 SCOTLAND STREET WILLIAMSBURG VA 23185 831053673 3 75000 0 GENERAL PURPOSE CALFEE COMMUNITY & CULTURAL CENTER 1 MAGNOX DRIVE PULASKI VA 24301 843476958 3 50000 0 GENERAL PURPOSE RICHMOND PUBLIC LIBRARY FOUNDATION 101 EAST FRANKLIN STREET RICHMOND VA 23219 541856348 3 30000 0 GENERAL PURPOSE THE MANASSAS MUSEUM 911 PRINCE WILLIAM STREET MANASSAS VA 20110 541571368 3 25000 0 GENERAL PURPOSE RICHMOND HILL 2209 E GRACE STREET RICHMOND VA 23223 541360535 3 35000 0 GENERAL PURPOSE RAPPAHANNOCK TRIBE OF VIRGINIA 5036 INDIAN NECK ROAD INDIAN NECK VA 23148 541118538 3 65000 0 GENERAL PURPOSE THE FAIRFIELD FOUNDATION PO BOX 157 WHITE MARSH VA 23183 542032867 3 25000 0 GENERAL PURPOSE LOUISA COUNTY HISTORICAL SOCIETY 214 FREDERICKSBURG AVE LOUISA VA 23093 421156151 3 10000 0 GENERAL PURPOSE CLARKE COUNTY HISTORICAL ASSOCIATION 32 E MAIN STREET BERRYVILLE VA 22611 546044234 3 7500 0 GENERAL PURPOSE PRINCE WILLIAM HISTORIC PRESERVATION FOUNDATION 17674 MAIN STREET DUMFRIES VA 22026 201076906 3 10000 0 GENERAL PURPOSE 12 X X X 0 0 0 0 0 0 0 0 0 JAMIE O BOSKET PRESIDENT AND CEO 354090 0 0 0 0 0 0 0 12783 0 366873 0 0 0 ANNA E POWERS VP ADVANCEMENT 177980 0 0 0 0 0 0 0 18548 0 196528 0 0 0 RICHARD S HEIMAN CFO 146217 0 0 0 0 0 0 0 18400 0 164617 0 0 0 TRACY D SCHNEIDER VP MARKETING & COMMUNICATI 143992 0 0 0 0 0 0 0 20299 0 164291 0 0 0 A VA SMALL BUSINESS FINANCING AUTHORITY 541300845 2020-09-01 21000000 HISTORY MATTERS CAPITAL CAMPAIGN 0 1 0 A 17321218 105416 16008144 1313074 0 0 0 1 A 0 0 0 0 0 0 0 0 0 A 0 PART II LINE 3, COLUMN C: TOTAL BOND ISSUANCE PROCEEDS ARE 21,000,000. HOWEVER AS OF THE TWELVE MONTH PERIOD ENDING JUNE 30, 2022 THE ORGANIZATION HAD RECEIVED $17,321,218 OF THE PROCEEDS WHICH WERE USED TO RETIRE PRIOR BONDS ISSUED AND FOR CAPITAL IMPROVEMENTS. X 849 NO DETERMINATION X NO DETERMINATION X 143 NO DETERMINATION 0 1 0 FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: CONNECTING PEOPLE TO AMERICA'S PAST THROUGH THE UNPARALLELED STORY OF VIRGINIA. BY COLLECTING, PRESERVING AND INTERPRETING THE COMMONWEALTH'S HISTORY, WE LINK PAST WITH PRESENT AND INSPIRE FUTURE GENERATIONS. FORM 990, PART VI, SECTION B, LINE 11B EACH MEMBER OF THE BOARD WILL RECEIVE A COPY OF THE RETURN FOR THEIR REVIEW. THE TRUSTEES HAVE FIVE (5) CALENDAR DAYS TO REVIEW THE DOCUMENT AND SUBMIT THEIR QUESTIONS TO STAFF. UPON CLEARING ALL QUESTIONS, STAFF WILL PROCEED TO FILE THE RETURN WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE VIRGINIA HISTORICAL SOCIETY HAS A CODE OF ETHICS DOCUMENT THAT INCORPORATES POLICIES AND PROCEDURES FOR BOTH TRUSTEES AND THE EMPLOYEES OF THE ORGANIZATION. IT ADDRESSES IN GREAT LENGTH THE FOLLOWING: FOR TRUSTEES - GENERAL RESPONSIBILITY, CONFLICT OF INTEREST, AND TRUSTEE-PRESIDENTIAL RELATIONSHIP; FOR STAFF - GENERAL RESPONSIBILITIES, CONFLICT OF INTEREST, GIFTS, FAVORS, DISCOUNTS, DISPENSATIONS, RESPONSIBILITY FOR VHS PROPERTY, BOTH REAL AND TANGIBLE, AND OUTSIDE EMPLOYMENT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR OFFICERS AND EMPLOYEES IS APPROVED BY THE FINANCE COMMITTEE, THE EXECUTIVE COMMITTEE AND SUBSEQUENTLY BY THE FULL BOARD OF TRUSTEES IN THE ANNUAL BUDGET PROCESS. MANAGEMENT USES INDUSTRY RELATED COMPENSATION SURVEYS WHEN AVAILABLE TO AUGMENT THE SALARY STRUCTURE OF THE ORGANIZATION AND PAYS FOR COMPENSATION STUDIES OCCASIONALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION CURRENTLY MAKES ITS GOVERNING DOCUMENTS, AUDITED FINANCIAL STATEMENTS AND THOSE DOCUMENTS REQUIRED BY THE IRS FOR PUBLIC INSPECTION AVAILABLE ON ITS WEBSITE. FORM 990, PART XI, LINE 9: SOV 1% INTEREST -2,845.