2015-08-13T14:27:07-05:00 2014-09-30 263753134 CBIZ TOFIAS 500 BOYLSTON STREET BOSTON MA 02116 990 2013-10-01 042104852 PROPRIETORS OF THE BOSTON ATHENAEUM PROP 6172270270 10 1/2 BEACON STREET BOSTON MA 02110 GILBERT M RODDY JR TREASURER 6172270270 2015-08-12 1 JOSEPH M GISO P00030126 6177610600 2015-08-06 2013 2016-02-25 16:41:14Z JAMES REID-CUNNINGHAM 10 1/2 BEACON STREET BOSTON MA 02110 29683087 0 X WWW.BOSTONATHENAEUM.ORG X 1807 MA SEE SCHEDULE O. 19 15 78 110 0 0 1447478 2741106 1250465 1284583 1113584 1938620 95481 32977 3907008 5997286 10800 14500 0 0 3906110 3666167 0 0 523947 3561688 3561629 7478598 7242296 -3571590 -1245010 110753878 115800894 1495702 1279406 109258176 114521488 X SEE SCHEDULE O. 0 0 2222934 14500 1201214 LIBRARY SERVICES - SEE SCHEDULE O.LIBRARY SERVICES - THE LIBRARY IS THE LARGEST PROGRAMMATIC ACTIVITY OF THE BOSTON ATHENAEUM, SERVING APPROXIMATELY 5,000 MEMBERS, THEIR FAMILIES, THE SCHOLARLY COMMUNITY, STUDENTS, AND OTHER MEMBERS OF THE PUBLIC. IT IS COMPOSED OF TWO PRINCIPAL DEPARTMENTS: READER SERVICES AND TECHNICAL SERVICES. READER SERVICES AT THE BOSTON ATHENAEUM COMPRISES THE PUBLIC DEPARTMENTS THAT OFFER LIBRARY SERVICES. THE HEAD OF READER SERVICES AND THE ARCHIVIST/REFERENCE LIBRARIAN WORK AT THE REFERENCE DESK; THEY ANSWER HUNDREDS OF MEMBERS' AND RESEARCHERS' QUESTIONS AND ASSIST IN THE USE OF CIRCULATING MATERIALS, SPECIAL COLLECTIONS, ELECTRONIC RESOURCES, AND ONLINE RESEARCH. THOUSANDS OF RARE MATERIALS ARE PROVIDED FOR THE 200-300 RESEARCHERS WHO USE THE SPECIAL COLLECTIONS READING ROOM EVERY YEAR. THE HEAD OF CIRCULATION AND THE READER SERVICES ASSISTANT MANAGE ACTIVITY AT THE CIRCULATION DESK, WHERE ROUGHLY 17,000 ITEMS CIRCULATE EACH YEAR. THREE INTERNS ASSIST AT CIRCULATION AND REFERENCE. THE CHILDREN'S LIBRARIAN HELPS YOUNGER MEMBERS USE THE CHILDREN'S LIBRARY, AND OFFERS PROGRAMS INCLUDING STORY HOURS AND READING GROUPS, DESIGNED SPECIFICALLY FOR CHILDREN. TEN DISCUSSION GROUPS AND OVER 150 TOURS OF THE BUILDING ARE ARRANGED BY READER SERVICES EVERY YEAR. THE TECHNICAL SERVICES DEPARTMENT ENCOMPASSES THE FUNCTIONS OF ACQUISITIONS, CATALOGING, AND SERIALS. THESE UNITS INCLUDE THE HEAD OF TECHNICAL SERVICES, TWO RARE MATERIALS CATALOG LIBRARIANS, THE ACQUISITIONS LIBRARIAN, THE SERIALS LIBRARIAN, TWO CATALOGING ASSISTANTS, AND THREE INTERNS. THEY ARE RESPONSIBLE FOR SELECTING, ACQUIRING, RECEIVING, INVOICING, CATALOGING, AND PROCESSING APPROXIMATELY 2,700 ADDITIONS TO THE LIBRARY PER YEAR, INCLUDING BOTH NEW IMPRINTS AND HISTORICAL VOLUMES. THE DEPARTMENT ALSO AUGMENTS LEGACY CATALOG RECORDS FOR APPROXIMATELY 3,000 VOLUMES PER YEAR. 1601553 4412 SPECIAL COLLECTIONS - SEE SCHEDULE O.SPECIAL COLLECTIONS - THE SPECIAL COLLECTIONS DEPARTMENT IS COMPOSED OF THE CURATORS WHO OVERSEE THE ACQUISITION, MAINTENANCE, AND EXHIBITION OF RARE BOOKS, ARCHIVAL DOCUMENTS, MANUSCRIPTS, MAPS, AND WORKS OF ART. DEPARTMENT STAFF MEMBERS INCLUDE THE CURATOR OF RARE BOOKS AND MANUSCRIPTS, THE CURATOR OF PAINTINGS AND SCULPTURE, THE ASSOCIATE CURATOR OF PAINTINGS AND SCULPTURE, THE CURATOR OF MAPS, THE ARCHIVIST, AND THE CURATOR OF PRINTS AND PHOTOGRAPHS. THE CURATORS RESEARCH OBJECTS IN THE COLLECTIONS AND DISSEMINATE INFORMATION ABOUT THEM TO THE SCHOLARLY COMMUNITY AT LARGE AND TO THE PUBLIC THROUGH LECTURES, PUBLICATIONS, AND (IN COOPERATION WITH LIBRARIES, ARCHIVES, AND MUSEUMS AROUND THE COUNTRY) AN ACTIVE LOAN PROGRAM. EACH YEAR, ON SITE, THE CURATORS ASSIST HUNDREDS OF ATHENAEUM MEMBERS AND VISITING SCHOLARS IN RESEARCHING THE ATHENAEUM'S COLLECTIONS. THE CURATORIAL STAFF MOUNTS TWO OR THREE EXHIBITIONS PER YEAR COVERING A RANGE OF HISTORICAL AND CONTEMPORARY SUBJECTS. THESE EXHIBITIONS ARE ACCOMPANIED BY GALLERY TALKS, LECTURES, AND SYMPOSIA, ALL OF WHICH ARE OPEN TO THE PUBLIC. APPROXIMATELY 200 VISITORS PER WEEK VIEW THE ATHENAEUM'S EXHIBITIONS. THE CURATORIAL STAFF IS SUPPORTED BY THE SPECIAL COLLECTIONS ASSISTANT. 761387 14393 DIGITAL PROGRAMS AND PRESERVATION - SEE SCHEDULE ODIGITAL PROGRAMS AND PRESERVATION - THE DIGITAL PROGRAMS AND PRESERVATION DEPARTMENT IS RESPONSIBLE FOR THE PHYSICAL PRESERVATION OF THE ATHENAEUM'S COLLECTIONS OF BOOKS AND ART ON PAPER, AND THE ENHANCEMENT OF SCHOLARLY ACCESS TO THE COLLECTIONS THROUGH DIGITIZATION. THE CONSERVATION LABORATORY INCLUDES THE CHIEF CONSERVATOR AND THE PROJECT CONSERVATOR, AND SEVERAL INTERNS AND FELLOWS, WHO ARE DEDICATED TO THE CARE AND REPAIR OF ATHENAEUM HOLDINGS WITH INHERENT HISTORIC, ARTISTIC OR LITERARY VALUE. ATHENAEUM CONSERVATORS PERFORM CONSERVATION TREATMENTS ON RARE BOOKS, MAPS, MANUSCRIPTS, PRINTS, ARCHITECTURAL DRAWINGS, BROADSIDES, AND PAMPHLETS. THE DIGITAL PROGRAMS LIBRARIAN AND TWO INTERNS SCAN RARE MATERIALS IN THE DIGITAL LABORATORY AND CREATE ONLINE COLLECTIONS OF RECORDS FOR DIGITAL SURROGATES. THESE EFFORTS ENSURE THAT ATHENAEUM COLLECTIONS ARE AVAILABLE FREELY ONLINE TO SCHOLARS, RESEARCHERS, AND STUDENTS WHO ARE UNABLE TO VISIT THE LIBRARY. 740437 64564 LECTURES & CONCERTS - THE LECTURES AND CONCERTS PROGRAM INCLUDES APPROXIMATELY 80 EVENTS EACH YEAR, SUCH AS AUTHOR TALKS, LECTURES, CONCERTS, CHILDREN'S EVENTS, EXHIBITION RECEPTIONS AND MOVIES. EVENTS TAKE PLACE BOTH IN THE EVENING AND DURING THE DAY AND INCLUDE EVENTS THAT ARE OPEN TO THE GENERAL PUBLIC AS WELL AS EVENTS FOR ATHENAEUM MEMBERS. 740437 64564 5326311 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 1 0 1 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 1 23 0 1 78 1 0 1 CJ UC EI 0 0 0 0 0 0 0 0 X 19 15 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X TANITIA L SELLO 6177207642 10 1/2 BEACON ST BOSTON MA 02108 DEBORAH HILL BORNHEIMER PRESIDENT 2.00 X X 0 0 0 CHARLES A COOLIDGE III VICE PRESIDENT 2.00 X X 0 0 0 GILBERT M RODDY JR TREASURER 2.00 X X 0 0 0 ELIZABETH A OWENS SECRETARY 2.00 X X 0 0 0 ALEXANDER ALTSCHULLER TRUSTEE 2.00 X 0 0 0 EDWARD B BALDINI TRUSTEE 2.00 X 0 0 0 KATHERINE HANEY DUFFY TRUSTEE 2.00 X 0 0 0 JOHN WIGGLESWORTH EVERETS TRUSTEE 2.00 X 0 0 0 JACK GANTOS TRUSTEE 2.00 X 0 0 0 THOMAS D GILL JR TRUSTEE 2.00 X 0 0 0 J BRYAN HEHIR TRUSTEE 2.00 X 0 0 0 MAISIE HOUGHTON TRUSTEE 2.00 X 0 0 0 CLARISSA C HUNNEWELL TRUSTEE 2.00 X 0 0 0 JAMES F HUNNEWELL JR TRUSTEE 2.00 X 0 0 0 TERRANCE P MCGUIRE TRUSTEE 2.00 X 0 0 0 DAVID INGRAM TRUSTEE 2.00 X 0 0 0 CAROLYN M OSTEEN TRUSTEE 2.00 X 0 0 0 JOHN S REED TRUSTEE 2.00 X 0 0 0 SUSAN WEATHERBIE TRUSTEE 2.00 X 0 0 0 HUGH MCCALL DIRECTOR OF FINANCE 35.00 X 137897 0 26830 ROBERT WEST DIRECTOR OF DEVELOPMENT 35.00 X 168868 0 20908 JAMES REID-CUNNINGHAM DEPUTY DIRECTOR 35.00 X 122582 0 27516 JOHN LANNON ASSOCIATE DIRECTOR 35.00 X 112391 0 17958 DAVID DEARINGER CURATOR 35.00 X 116041 0 22063 657779 0 115275 5 0 1 0 CAMBRIDGE ASSOCIATES 100 SUMMER ST BOSTON MA 02110 INVESTMENT CONSULTANT 134168 1 27957 2713149 121930 2741106 FEES FOR LIBRARY USE 713990 1166207 1166207 EVENTS & LECTURES 713990 68976 68976 OTHER PROGRAM REVENUE 713990 35007 35007 PHOTOGRAPHIC SERVICES 713990 14393 14393 1284583 879162 879162 1197 1197 39500 12796 26704 26704 26704 24728748 23669290 1059458 1059458 1059458 5795 3715 2080 2080 OTHER REVENUE 900099 2996 2996 2996 5997286 1284583 0 1971597 5000 5000 9500 9500 187042 187042 2687353 2237978 166008 283367 167185 106177 34602 26406 372646 212688 114749 45209 251941 139087 87096 25758 2419 2419 49360 49360 291378 291378 323494 157990 154037 11467 40048 13925 26123 98157 11007 72340 14810 933736 910515 14928 8293 12841 5037 6109 1695 909402 887137 14313 7952 45104 22500 22604 COLLECTIONS AQUISITIONS 437491 437491 RECEPTION/ENTERTAINMENT 197568 100010 26591 70967 PRINTING & PUBLICATIONS 118364 50586 45480 22298 POSTAGE & SHIPPING 40151 9595 25414 5142 62116 10088 51445 583 7242296 5326311 1392038 523947 493524 155891 4082374 4959758 1460922 1229517 62561 41145 35065973 11752861 23930491 23313112 46243655 47496419 33741994 37867727 738357 737325 110753878 115800894 905666 645361 590036 634045 1495702 1279406 X 69619409 71817409 10347700 12275764 29291067 30428315 109258176 114521488 110753878 115800894 X -1245010 6488822 19500 X 0 1 X 1 0 X 2448628 1509802 3009002 1447478 2741106 11156016 2448628 1509802 3009002 1447478 2741106 11156016 1687362 9468654 1101341 1024853 895529 954890 919859 4896472 11452 43506 9300 11988 8791 85037 16137525 7765919 0.58670 0.55750 X SCHEDULE A, PART IV, LIST OF UNUSUAL GRANTS: DESCRIPTION: BEQUEST DATE: 09/30/10 AMOUNT: 1268899. DESCRIPTION: BEQUEST DATE: 09/30/11 AMOUNT: 33858. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 84414951 1597328 8234915 3960973 90286221 78857380 647998 8285316 3375743 84414951 69177786 1381282 11589957 3291645 78857380 72805438 1238532 -1459887 3406297 69177786 69180967 941800 5602364 2919693 72805438 0.54210 0.32380 0.13410 1 1 1 199303 199303 33635047 10700296 22934751 1052490 873432 179058 179133 179133 0 23313112 PARTNERSHIPS - HEDGE FUND OF FUNDS 18166545 F PARTNERSHIPS - EQUITY FUNDS 19701182 F 37867727 X 12214230 6488822 19500 6508322 5705908 291378 291378 5997286 6950918 0 6950918 291378 291378 7242296 PART III, LINE 1A: THE COLLECTIONS WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE ATHENAEUM'S INCEPTION ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED OR AS RELEASES OF TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS WERE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE NO REFLECTED IN THE FINANCIAL STATEMENTS. PROCEEDS FROM DE-ACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. THE ATHENAEUM'S COLLECTIONS ARE MADE UP OF BOOKS, ARTIFACTS OF HISTORICAL SIGNIFICANCE AND ART OBJECTS THAT ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ACCESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. PART III, LINE 4: THE ATHENAEUM'S COLLECTIONS COMPRISE OVER HALF A MILLION VOLUMES, EXTENSIVE HOLDINGS OF PAINTINGS, SCULPTURES, PRINTS, AND PHOTOGRAPHS. PARTICULAR STRENGTHS ARE IN BOSTON HISTORY, NEW ENGLAND STATE AND LOCAL HISTORY, BIOGRAPHY, ENGLISH AND AMERICAN LITERATURE, AND THE FINE AND DECORATIVE ARTS. THE ATHENAEUM SUPPORTS A DYNAMIC EXHIBITION PROGRAM AND SPONSORS A LIVELY VARIETY OF EVENTS SUCH AS LECTURES AND CONCERTS. IT ALSO SERVES AS A STIMULATING CENTER FOR DISCUSSIONS AMONG SCHOLARS, BIBLIOPHILES, AND A VARIETY OF COMMUNITY-INTEREST GROUPS. PART V, LINE 4: THE ATHENAEUM'S ENDOWMENT CONSISTS OF APPROXIMATELY 490 ENDOWMENT FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD TO FUNCTION AS ENDOWMENTS. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED OR LEGAL RESTRICTIONS. ENDOWMENT FUNDS INCLUDE INVESTED GIFTS. THE ATHENAEUM 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 ENDOWMENT 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 ENDOWMENT 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 ATHENAEUM IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY STATE LAW. PART X, LINE 2: THE ATHENAEUM ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. THE ATHENAEUM HAS IDENTIFIED ITS TAX STATUS AS A TAX-EXEMPT ENTITY AND ITS DETERMINATION OF WHICH ACTIVITIES ARE RELATED AND UNRELATED AS ITS ONLY SIGNIFICANT TAX POSITIONS; HOWEVER, THE ATHENAEUM HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE ATHENAEUM IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. THE ATHENAEUM'S FEDERAL AND STATE TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: REPURCHASES OF BOSTON ATHENAEUM PROPRIETOR SHARES, NET 19,500. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 37867727 0 0 0 0 0 0 37867727 0 37867727 1 0 1 0 1 0 1 MASSACHUSETTS HISTORICAL SOCIETY 1154 BOYLSTON STREET BOSTON MA 022153695 042108374 501(C)(3) 5000 NEW ENGLAND REGIONAL FELLOWSHIP CONSORTIUM FUND 1 0 RESEARCH FELLOWSHIPS 7 9500 PART I, LINE 2: SHORT-TERM RESEARCH FELLOWSHIPS, THE RESEACHERS WORK CLOSELY WITH THE REFERENCE LIBRARIANS AND AT THE END OF THEIR TERM PROVIDE A TALK TO THE ATHENAEUM COMMUNITY ON THEIR RESEARCH CONDUCTED AT THE ATHENAEUM. X X X X X 0 0 0 0 0 0 0 0 0 HUGH MCCALL DIRECTOR OF FINANCE 136061 0 0 0 1836 0 11200 0 15630 0 164727 0 0 0 ROBERT WEST DIRECTOR OF DEVELOPMENT 166674 0 0 0 2194 0 0 0 20908 0 189776 0 0 0 JAMES REID-CUNNINGHAM DEPUTY DIRECTOR 120994 0 0 0 1588 0 9888 0 17628 0 150098 0 0 0 CAMBRIDGE ASSOCIATES SEE BELOW 134168 SEE BELOW 0 SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: ENTITY IN WHICH DAVID INGRAM, MEMBER OF THE BOARD, IS MANAGING DIRECTOR.(D) DESCRIPTION OF TRANSACTION: PAYMENT FOR SERVICES AS AN INVESTMENT CONSULTANT. X 8 121930 FMV 0 0 0 0 FORM 990, PART I & III, LINE 1: THE MISSION OF THE BOSTON ATHENAEUM IS TO SERVE ITS MEMBERS, THE BROADER COMMUNITY, AND SCHOLARS THROUGHOUT THE WORLD BY PRESERVING AND AUGMENTING ITS COLLECTION OF BOOKS AND ART, BY PROVIDING LIBRARY SERVICES AND CULTURAL PROGRAMS, AND BY PRESERVING AND ENHANCING THE UNIQUE ATMOSPHERE OF ITS LANDMARK BUILDING. FORM 990, PART VI, SECTION A, LINE 6 PLEASE REFER TO THE RESPONSE TO FORM 990, PART VI, SECTION A, LINE 7A BELOW. FORM 990, PART VI, SECTION A, LINE 7A THE BOSTON ATHENAEUM WAS INCORPORATED AS A SHAREHOLDER ORGANIZATION BY THE MASSACHUSETTS GENERAL COURT (THE STATE LEGISLATURE) IN 1807. ATHENAEUM SHAREHOLDERS ARE TERMED "PROPRIETORS." THE GENERAL COURT HAS AUTHORIZED 1,049 ATHENAEUM PROPRIETORS. THESE PROPRIETORS' SOLE FUNCTION IS TO ELECT THE OFFICERS AND GOVERNING BOARD OF THE ATHENAEUM. THE OFFICERS AND GOVERNING BOARD ARE REQUIRED TO ALSO BE PROPRIETORS. PROPRIETOR SHARES MAY BE BOUGHT OR SOLD, GIVEN OR BEQUEATHED. THE PROPRIETORS THEMSELVES HAVE NO CLAIM ON THE NET ASSETS OF THE ATHENAEUM, NOR DO THEY RECEIVE ANY PERSONAL FINANCIAL BENEFIT RESULTING FROM THEIR HOLDING OF THE PROPRIETORSHIP. FORM 990, PART VI, SECTION B, LINE 11 PRIOR TO FILING FORM 990, DRAFT COPIES WERE DISTRIBUTED TO THE BOARD OF TRUSTEES. THE DRAFT COPY WAS ALSO REVIEWED AND DISCUSSED AT A MEETING OF THE AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C THE TRUSTEES ADOPTED A CONFLICT OF INTEREST POLICY IN 2007. THE POLICY WAS EXPANDED IN 2010 TO INCLUDE KEY EMPLOYEES. THE EXPANDED POLICY REQUIRES AN ANNUAL WRITTEN DISCLOSURE DOCUMENT TO BE SIGNED BY EACH COVERED INDIVIDUAL. THE POLICY REQUIRES THIS PROCESS TO BE COMPLETED BY THE FIRST TRUSTEES MEETING FOLLOWING THE ANNUAL MEETING, WHICH TAKES PLACE IN FEBRUARY. FORM 990, PART VI, SECTION B, LINE 15 EACH YEAR THE TRUSTEES EVALUATE THE COMPENSATION OF THE EXECUTIVE DIRECTOR OBJECTIVELY, TAKING INTO ACCOUNT COMPENSATION PAID BY SIMILAR ORGANIZATIONS FOR FUNCTIONALLY COMPARABLE POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ATHENAEUM WAS INCORPORATED IN 1807. UPON THE ENACTMENT OF THE FEDERAL INCOME TAX IN THE 20TH CENTURY, THE IRS DETERMINED THAT THE ATHENAEUM WAS EXEMPT FROM TAXATION. THIS IRS DETERMINATION OCCURRED PRIOR TO THE ESTABLISHMENT OF THE APPLICATION PROCESS THAT INCLUDES FORM 1023. CONSEQUENTLY NO FORM 1023 HAS BEEN REQUIRED BY THE IRS OR PREPARED BY THE ATHENAEUM. THE ATHENAEUM'S BYLAWS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE FOR REVIEW UPON REQUEST. THE COMPLETE AUDITED FINANCIAL STATEMENTS ARE INCORPORATED IN THE ATHENAEUM'S ANNUAL REPORT, WHICH IS AVAILABLE ON THE ATHENAEUM'S WEBSITE: HTTP://WWW.BOSTONATHENAEUM.ORG. THE FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE ALSO AVAILABLE VIA THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. FORM 990, PART XI, LINE 9: REPURCHASES OF BOSTON ATHENAEUM PROPRIETOR SHARES, NET 19,500. THE BOSTON LIBRARY SOCIETY 10 1/2 BEACON STREET BOSTON MA 02108 041105450 ORGANIZATION THAT ALLOCATES FUNDS TO THE BOSTON ATHENAEUM MA 501(C)(3) LINE 11A, I N/A 1 CHARITABLE REMAINDER TRUST (1) TRUST MA N/A T 1.00000 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0