2014-05-14T14:25:20-05:00 2013-06-30 541631262 KEITERSTEPHENSHURSTGARY & SHREAVESPC PO BOX 32066 RICHMOND VA 232942066 990 2012-07-01 540419452 VIRGINIA HISTORICAL SOCIETY VIRG 8043584901 P O BOX 7311 RICHMOND VA 232210311 RICHARD HEIMAN 8043584901 2014-05-13 1 VIRGINIA R BELCHER P00421964 8047470000 2012 2015-11-30 17:44:51Z PAUL A LEVENGOOD P O BOX 7311 RICHMOND VA 232210311 11709462 0 X WWW.VAHISTORICAL.ORG X 501(C)(3) 1831 VA 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. 27 27 85 60 88604 -41130 4014464 8823558 153498 167124 572928 2150217 519480 499638 5260370 11640537 0 0 0 0 3675948 3869875 0 0 759659 3920936 4061971 7596884 7931846 -2336514 3708691 78830474 86311595 6731425 5913961 72099049 80397634 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 1833669 COLLECTIONS 4353980 PROGRAMS 6187649 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 41 0 1 85 1 1 1 0 0 0 0 0 0 0 X 27 27 1 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 8043584901 428 NORTH BOULEVARD RICHMOND VA 23220 ANNE R WORRELL 2.00 X 0 0 0 BRENTON S HALSEY 2.00 X 0 0 0 EDWARD L AYERS 2.00 X 0 0 0 H HITER HARRIS III 2.00 X 0 0 0 E BRYSON POWELL 2.00 X 0 0 0 HARRY F BYRD III 2.00 X 0 0 0 J STEWART BRYAN III 2.00 X 0 0 0 LLOYD U NOLAND III 2.00 X 0 0 0 RICHARD S V HEIMAN 40.00 X X 99679 0 20179 THOMAS G SLATER JR 2.00 X X 0 0 0 PAUL A LEVENGOOD 40.00 X X 155319 0 22716 E CLAIBORNE ROBINS JR 2.00 X 0 0 0 GEORGE F ALBRIGHT JR 2.00 X 0 0 0 ANNA L LAWSON 2.00 X 0 0 0 JOSIAH P ROWE III 2.00 X 0 0 0 HARRY F BYRD JR 2.00 X 0 0 0 THOMAS N ALLEN 2.00 X 0 0 0 H FURLONG BALDWIN 2.00 X 0 0 0 GARY M GORE 2.00 X 0 0 0 GRADY W POWELL 2.00 X 0 0 0 CAROLE M WEINSTEIN 2.00 X 0 0 0 CONRAD M HALL 2.00 X 0 0 0 NANCY H GOTTWALD 2.00 X 0 0 0 JOHN R NELSON 2.00 X 0 0 0 CHARLES L CABELL 2.00 X 0 0 0 CORDEL L FAULK 2.00 X 0 0 0 WILLIAM H FRALIN JR 2.00 X 0 0 0 GEORGE C FREEMAN III 2.00 X 0 0 0 WILLIAM C WOOLDRIDGE 2.00 X 0 0 0 PAMELA R SEAY 40.00 X 144109 0 18278 399107 0 61173 2 0 1 0 SPACESAVER STORAGE SOLUTIONS 10040 WHITESEL RD ASHLAND VA 23005 INSTALLATION 559723 GLAVE & HOLMES ARCHITECTS 2101 E MAIN ST RICHMOND VA 23223 CONSULTING 322240 RICHMOND CONSERVATION STUDIO 3202 ROSEDALE AVE RICHMOND VA 23230 CONSERVATION WORK 249683 COGAPP LEES HOUSE 21-33 DYKE RD BRIGHTON UK CONSULTING 202473 BRENT JOHNSON DESIGN 175 PORTLAND ST BOSTON MA 02114 DESIGN 163444 5 239389 224163 8360006 2150369 8823558 FEES AND ADMISSION 900099 134053 134053 PUBLICATIONS 900099 16840 16840 PHOTOCOPY SALES 900099 9355 9355 ROYALTIES 900099 6876 6876 167124 1124808 1124808 374941 0 374941 374941 70625 304316 1025409 0 1025409 1025409 1025409 158760 68925 89835 73656 16179 MISCELLANEOUS 900099 33062 33062 MAGAZINE ADVERTISING 541800 1800 1800 34862 11640537 266966 88604 2461409 248353 194211 30561 23581 2807632 2241525 236706 329401 104101 8296 94798 1007 467250 385145 43115 38990 242539 162188 57987 22364 16363 12344 1722 2297 37220 28078 3918 5224 193778 193778 73973 73973 412840 292073 34912 85855 615173 498693 109093 7387 173678 144219 27013 2446 304248 240936 54224 9088 1015631 813132 171828 30671 PROFESSIONAL SERVICES 637794 623715 -90460 104539 EXHIBITS 180903 180903 PRINTING AND PUBLICATIO 164112 80512 350 83250 MUSEUM ACQUISITIONS 38490 38490 197768 169216 14993 13559 7931846 6187649 984538 759659 4931571 6291186 3579174 6540183 39274410 16379594 22919069 22894816 46888577 49684535 512083 900875 78830474 86311595 1170849 545670 331401 334919 5008683 5024000 207000 13492 9372 6731425 5913961 X 23670821 25694428 11865923 17211360 36562305 37491846 72099049 80397634 78830474 86311595 3708691 4589894 0 X 0 1 X 0 0 X 4530923 1709279 8580064 4014464 8823558 27658288 4530923 1709279 8580064 4014464 8823558 27658288 9563571 18094717 935486 388578 960491 721964 1711023 4717542 1195 450 80292 77954 88604 248495 14028 7906 11851 55825 33062 122672 32746997 1099613 0.55260 0.63880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 35341000 929541 4775299 2709591 38336249 37782070 273984 323756 3038810 35341000 28356680 5984231 5639971 2198812 37782070 28831619 -7919 3283723 3750743 28356680 26438422 531604 4643528 2781935 28831619 0.01000 0.99000 0 0 436301 436301 12747524 5614162 7133362 17648647 3208230 14440417 8368535 7498390 870145 73403 58812 14591 22894816 X 16299356 4589894 4589894 11709462 -68925 -68925 11640537 8000771 68925 68925 7931846 0 7931846 PART III, LINE 1A: IN CONFORMITY WITH THE PRACTICE FOLLOWED BY MOST MUSEUMS, 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 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 EITHER THE SOCIETY'S PRESIDENT OR 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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 FINANCIAL 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 TAX RETURNS FOR YEARS SINCE 2010 REMAIN OPEN FOR EXAMINATION BY TAX AUTHORITIES. THE SOCIETY IS NOT CURRENTLY UNDER AUDIT FOR ANY JURISDICTION. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -68,925. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 68,925. X X X 0 0 0 0 0 0 0 0 0 PAUL A LEVENGOOD 155319 0 0 0 0 0 0 0 22716 0 178035 0 0 0 PAMELA R SEAY 144109 0 0 0 0 0 0 0 18278 0 162387 0 0 0 A VA SMALL BUSINESS FINANCING AUTHORITY 541300845 2013-06-27 4914000 REFINANCE SERIES 2009 BONDS AND SWAP AGREEMENT 0 1 0 B VA SMALL BUSINESS FINANCING AUTHORITY 541300845 2013-06-27 15000000 CAPITAL IMPROVEMENT PROJECT 0 1 0 A 4914000 1 0 1 1 B 110000 110000 14890000 0 0 0 1 PART I, LINE A: SERIES 2013B BONDS WERE ISSUED TO RETIRE THE VARIABLE RATE REVENUE REFUNDING BONDS, SERIES 2009 AND THE FORWARD INTEREST RATE SWAP AGREEMENT. X 12 NO DETERMINATION X NO DETERMINATION X NO DETERMINATION X 28 2150369 NYSE X 75 NO DETERMINATION 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 PART IV, SECTION A, QUESTION 2: HARRY F. BYRD, JR. AND HARRY F. BYRD, III ARE FATHER AND SON. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT COPY OF THE FORM 990 IS MADE AVAILABLE TO THE BOARD OF TRUSTEES FOR THEIR REVIEW BY WAY OF A SECURED LINK TO THE CORPORATE WEBSITE. THE TRUSTEES ARE PROVIDED A USERNAME AND PASSWORD TO ACCESS THE DRAFT DOCUMENT. THE TRUSTEES HAVE FIVE (5) DAYS TO REVIEW THE DOCUMENT AND SUBMIT THEIR QUESTIONS TO STAFF. UPON CLEARING ALL QUESTIONS, STAFF WILL PROCEED TO FILE THE RETURN TO THE RESPECTIVE RECIPIENTS. 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.