﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2010v3.2">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2011-09-21T07:44:05-05:00</Timestamp>
    <TaxPeriodEndDate>2010-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>KNACK PAVLOFF &amp; COMPANY LLP</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>PO BOX 1438</AddressLine1>
        <City>MONTICELLO</City>
        <State>NY</State>
        <ZIPCode>127018438</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990EZ</ReturnType>
    <TaxPeriodBeginDate>2010-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>651235682</EIN>
      <Name>
        <BusinessNameLine1>TIME AND THE VALLEYS MUSEUM</BusinessNameLine1>
      </Name>
      <NameControl>TIME</NameControl>
      <Phone>8459857685</Phone>
      <USAddress>
        <AddressLine1>PO BOX 307</AddressLine1>
        <City>GRAHAMSVILLE</City>
        <State>NY</State>
        <ZIPCode>12740</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>RICHARD COOMBE</Name>
      <Title>PRESIDENT</Title>
      <Phone>8459857685</Phone>
      <DateSigned>2011-08-25</DateSigned>
      <AuthorizeThirdParty>true</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>ELIZABETH LOARCA</Name>
      <Phone>8457942200</Phone>
      <DatePrepared>2011-09-07</DatePrepared>
    </Preparer>
    <TaxYear>2010</TaxYear>
    <BuildTS>2016-03-07 17:11:31Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="4">
    <IRS990EZ documentId="RetDoc5" referenceDocumentId="RetDoc4">
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <ScheduleBNotRequired>X</ScheduleBNotRequired>
      <WebSite>N/A</WebSite>
      <Organization501c3 referenceDocumentId="RetDoc3">X</Organization501c3>
      <GrossReceipts>111999</GrossReceipts>
      <InfoInScheduleOPartI>X</InfoInScheduleOPartI>
      <ContributionsGiftsGrantsEtc>67673</ContributionsGiftsGrantsEtc>
      <ProgramServiceRevenue>16050</ProgramServiceRevenue>
      <MembershipDues>13776</MembershipDues>
      <InvestmentIncome>326</InvestmentIncome>
      <FundraisingGrossIncome>13309</FundraisingGrossIncome>
      <SpecialEventsDirectExpenses>3414</SpecialEventsDirectExpenses>
      <SpecialEventsNetIncomeLoss>9895</SpecialEventsNetIncomeLoss>
      <GrossSalesOfInventory>865</GrossSalesOfInventory>
      <CostOfGoodsSold>413</CostOfGoodsSold>
      <GroProfitLossSalesOfInventory>452</GroProfitLossSalesOfInventory>
      <TotalRevenue>108172</TotalRevenue>
      <SalariesOtherCompEmplBenefits>16360</SalariesOtherCompEmplBenefits>
      <OccupancyRentUtilitiesAndMaint>32221</OccupancyRentUtilitiesAndMaint>
      <OtherExpensesTotal>7212</OtherExpensesTotal>
      <TotalExpenses>55793</TotalExpenses>
      <ExcessOrDeficitForYear>52379</ExcessOrDeficitForYear>
      <NetAssetsOrFundBalancesBOY>87049</NetAssetsOrFundBalancesBOY>
      <NetAssetsOrFundBalancesEOY>139428</NetAssetsOrFundBalancesEOY>
      <InfoInScheduleOPartII>X</InfoInScheduleOPartII>
      <CashSavingsAndInvestments>
        <BOY>83068</BOY>
        <EOY>136187</EOY>
      </CashSavingsAndInvestments>
      <OtherAssetsTotal>
        <BOY>5654</BOY>
        <EOY>3850</EOY>
      </OtherAssetsTotal>
      <TotalAssets>
        <BOY>88722</BOY>
        <EOY>140037</EOY>
      </TotalAssets>
      <SumOfTotalLiabilities>
        <BOY>1673</BOY>
        <EOY>609</EOY>
      </SumOfTotalLiabilities>
      <NetAssetsOrFundBalances>
        <BOY>87049</BOY>
        <EOY>139428</EOY>
      </NetAssetsOrFundBalances>
      <InfoInScheduleOPartIII>X</InfoInScheduleOPartIII>
      <PrimaryExemptPurpose>TO PROMOTE AND SUPPORT HISTORICAL RESEARCH AND EDUCATION AND ORGANIZE HISTORICAL AND CULTURAL EVENTS FOR THE PUBLIC</PrimaryExemptPurpose>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>TO PROMOTE AND SUPPORT HISTORICAL RESEARCH AND EDUCATION AND ORGANIZE HISTORICAL AND CULTURAL EVENTS FOR THE PUBLIC</DescriptionProgramServiceAccom>
        <ProgramServiceExpenses>37364</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <TotalProgramServiceExpenses>37364</TotalProgramServiceExpenses>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc2">RICHARD COOMBE</PersonName>
        <AddressUS>
          <AddressLine1>93 OLD BRODHEAD RD</AddressLine1>
          <City>GRAHAMSVILLE</City>
          <State>NY</State>
          <ZIPCode>12740</ZIPCode>
        </AddressUS>
        <Title>PRESIDENT</Title>
        <AvgHoursPerWkDevotedToPosition>24.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc2">DOROTHY MUTHIG</PersonName>
        <AddressUS>
          <AddressLine1>681 MUTHIG RD</AddressLine1>
          <City>PARKSVILLE</City>
          <State>NY</State>
          <ZIPCode>12768</ZIPCode>
        </AddressUS>
        <Title>TRUSTEE</Title>
        <AvgHoursPerWkDevotedToPosition>24.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc2">JACK DENMAN</PersonName>
        <AddressUS>
          <AddressLine1>74 SCOTT BROOK RD</AddressLine1>
          <City>NEVERSINK</City>
          <State>NY</State>
          <ZIPCode>12765</ZIPCode>
        </AddressUS>
        <Title>TRUSTEE</Title>
        <AvgHoursPerWkDevotedToPosition>24.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc2">MARGARET COOMBE</PersonName>
        <AddressUS>
          <AddressLine1>80 JOHN GEORGE RD</AddressLine1>
          <City>GRAHAMSVILLE</City>
          <State>NY</State>
          <ZIPCode>12740</ZIPCode>
        </AddressUS>
        <Title>TRUSTEE</Title>
        <AvgHoursPerWkDevotedToPosition>24.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc2">GEORGIANNA LEPKE</PersonName>
        <AddressUS>
          <AddressLine1>134 MUTTON HILL RD</AddressLine1>
          <City>NEVERSINK</City>
          <State>NY</State>
          <ZIPCode>12765</ZIPCode>
        </AddressUS>
        <Title>TREASURER</Title>
        <AvgHoursPerWkDevotedToPosition>24.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc2">DONNA DENMAN</PersonName>
        <AddressUS>
          <AddressLine1>249 BEAVER DAM RD</AddressLine1>
          <City>GRAHAMSVILLE</City>
          <State>NY</State>
          <ZIPCode>12740</ZIPCode>
        </AddressUS>
        <Title>TRUSTEE</Title>
        <AvgHoursPerWkDevotedToPosition>24.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc2">BARRY LEWIS</PersonName>
        <AddressUS>
          <AddressLine1>882 THUNDER HILL RD</AddressLine1>
          <City>WOODBOURNE</City>
          <State>NY</State>
          <ZIPCode>12788</ZIPCode>
        </AddressUS>
        <Title>TRUSTEE</Title>
        <AvgHoursPerWkDevotedToPosition>24.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc2">JOANN GALLAGHER</PersonName>
        <AddressUS>
          <AddressLine1>342 SOUTH HILL RD</AddressLine1>
          <City>GRAHAMSVILLE</City>
          <State>NY</State>
          <ZIPCode>12740</ZIPCode>
        </AddressUS>
        <Title>TRUSTEE</Title>
        <AvgHoursPerWkDevotedToPosition>24.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc2">ANITA JONES</PersonName>
        <AddressUS>
          <AddressLine1>67 HASTINGS DRIVE</AddressLine1>
          <City>GRAHAMSVILLE</City>
          <State>NY</State>
          <ZIPCode>12740</ZIPCode>
        </AddressUS>
        <Title>TRUSTEE</Title>
        <AvgHoursPerWkDevotedToPosition>24.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc2">BARBARA PURCELL</PersonName>
        <AddressUS>
          <AddressLine1>7 CHESTNUT DRIVE</AddressLine1>
          <City>GRAHAMSVILLE</City>
          <State>NY</State>
          <ZIPCode>12740</ZIPCode>
        </AddressUS>
        <Title>VICE PRESIDE</Title>
        <AvgHoursPerWkDevotedToPosition>24.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc2">DAVID FORSHAY</PersonName>
        <AddressUS>
          <AddressLine1>96 WILLOWEMOC RD</AddressLine1>
          <City>LIVINGSTON MANOR</City>
          <State>NY</State>
          <ZIPCode>12758</ZIPCode>
        </AddressUS>
        <Title>TRUSTEE</Title>
        <AvgHoursPerWkDevotedToPosition>24.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc2">JOSEPH INGHRIM</PersonName>
        <AddressUS>
          <AddressLine1>67 MCGUIRE RD</AddressLine1>
          <City>WOODBOURNE</City>
          <State>NY</State>
          <ZIPCode>12788</ZIPCode>
        </AddressUS>
        <Title>TRUSTEE</Title>
        <AvgHoursPerWkDevotedToPosition>24.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc2">BARBARA GARIGLIANO</PersonName>
        <AddressUS>
          <AddressLine1>161 VARGA RD</AddressLine1>
          <City>GRAHAMSVILLE</City>
          <State>NY</State>
          <ZIPCode>12740</ZIPCode>
        </AddressUS>
        <Title>TRUSTEE</Title>
        <AvgHoursPerWkDevotedToPosition>24.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc2">ELISE HORNSBECK</PersonName>
        <AddressUS>
          <AddressLine1>31 EUREKA RD</AddressLine1>
          <City>GRAHAMSVILLE</City>
          <State>NY</State>
          <ZIPCode>12740</ZIPCode>
        </AddressUS>
        <Title>TRUSTEE</Title>
        <AvgHoursPerWkDevotedToPosition>24.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc2">KEITH EDWARDS</PersonName>
        <AddressUS>
          <AddressLine1>PO BOX 557</AddressLine1>
          <City>NEVERSINK</City>
          <State>NY</State>
          <ZIPCode>12765</ZIPCode>
        </AddressUS>
        <Title>SECRETARY</Title>
        <AvgHoursPerWkDevotedToPosition>24.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <ActivitiesNotPreviouslyRpt>false</ActivitiesNotPreviouslyRpt>
      <MadeChangesToOrgnzngEtcDoc>false</MadeChangesToOrgnzngEtcDoc>
      <OrganizationHadUBI>false</OrganizationHadUBI>
      <OrganizationDissolvedEtc>false</OrganizationDissolvedEtc>
      <DidOrgFileForm1120POLThisYear>false</DidOrgFileForm1120POLThisYear>
      <MadeLoansToFromOfficers>false</MadeLoansToFromOfficers>
      <EngagedInExcessBenefitTrans>false</EngagedInExcessBenefitTrans>
      <ProhibitedTaxShelterTrans>false</ProhibitedTaxShelterTrans>
      <StatesWhereCopyOfReturnIsFiled>NY</StatesWhereCopyOfReturnIsFiled>
      <TheBooksAreInCareOf>
        <NamePerson>DONNA STEFFENS</NamePerson>
        <AddressUS>
          <AddressLine1>ROUTE 55</AddressLine1>
          <City>GRAHAMSVILLE</City>
          <State>NY</State>
          <ZIPCode>12740</ZIPCode>
        </AddressUS>
        <TelephoneNumber>8459857685</TelephoneNumber>
      </TheBooksAreInCareOf>
      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ForeignOffice>false</ForeignOffice>
      <MaintainAnyDonorAdvisedFunds>false</MaintainAnyDonorAdvisedFunds>
      <DoesOrgHaveHospital>false</DoesOrgHaveHospital>
      <TanningServicesProvided>false</TanningServicesProvided>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <TransactionWithControlEntity>false</TransactionWithControlEntity>
      <EngagePoliticalCmpgnActivities>false</EngagePoliticalCmpgnActivities>
      <EngageInLobbyingActivities>false</EngageInLobbyingActivities>
      <OperatingSchool>false</OperatingSchool>
      <TrnsfrsExemptNonCharRelatedOrg>false</TrnsfrsExemptNonCharRelatedOrg>
      <PartVIOfCompOfHighestPaidEmpl>NONE</PartVIOfCompOfHighestPaidEmpl>
      <PartVIAHghstPaidCntrctProfSer>NONE</PartVIAHghstPaidCntrctProfSer>
      <FiledScheduleA>true</FiledScheduleA>
    </IRS990EZ>
    <IRS990ScheduleA documentId="RetDoc3">
      <PubliclySupportedOrg170b1Avi>X</PubliclySupportedOrg170b1Avi>
      <GiftsGrantsContribReceived170>
        <CurrentTaxYearMinus4Years>8047</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>21163</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>109060</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>75849</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>67673</CurrentTaxYear>
        <Total>281792</Total>
      </GiftsGrantsContribReceived170>
      <Total170>
        <CurrentTaxYearMinus4Years>8047</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>21163</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>109060</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>75849</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>67673</CurrentTaxYear>
        <Total>281792</Total>
      </Total170>
      <PublicSupportTotal170>281792</PublicSupportTotal170>
      <GrossInvestmentIncome170>
        <CurrentTaxYearMinus4Years>738</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>1234</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>1099</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>661</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>326</CurrentTaxYear>
        <Total>4058</Total>
      </GrossInvestmentIncome170>
      <NetUBI>
        <CurrentTaxYearMinus1Year>3118</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>8895</CurrentTaxYear>
        <Total>12013</Total>
      </NetUBI>
      <TotalSupport>297863</TotalSupport>
      <GrossReceiptsFromAdmissionsEtc>30691</GrossReceiptsFromAdmissionsEtc>
      <PublicSupportPertcentage170>0.94600</PublicSupportPertcentage170>
      <PublicSupportPertcentPriorYear>0.97160</PublicSupportPertcentPriorYear>
      <ThirtyThreePercntTestsCY170>X</ThirtyThreePercntTestsCY170>
    </IRS990ScheduleA>
    <IRS990ScheduleO documentId="RetDoc4">
      <GeneralExplanation>
        <Identifier>OTHER EXPENSES</Identifier>
        <ReturnReference>FORM 990-EZ, PART I, LINE 16</ReturnReference>
        <Explanation>EXPENSES SUPPLIES 1,759 DUES 180 INSURANCE 2,548 MISCELLANEOUS 2,415 BANK CHARGES 189 REPAIRS &amp; MAINTENANCE 121 TOTAL 7,212</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>OTHER ASSETS</Identifier>
        <ReturnReference>FORM 990-EZ, PART II, LINE 24</ReturnReference>
        <Explanation>OFFICE EQUIPMENT 9,028 9,028 LESS ACCUMULATED DEPRECIATION 3,374 5,178 TOTAL 5,654 3,850</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>OTHER LIABILITIES</Identifier>
        <ReturnReference>FORM 990-EZ, PART II, LINE 26</ReturnReference>
        <Explanation>PAYROLL TAX LIABILITIES 1,673 609</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>PRIMARY EXEMPT PURPOSE</Identifier>
        <ReturnReference>FORM 990-EZ, PART III</ReturnReference>
        <Explanation>TO PROMOTE AND SUPPORT HISTORICAL RESEARCH AND EDUCATION AND ORGANIZE HISTORICAL AND CULTURAL EVENTS FOR THE PUBLIC</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <CompensationExplanation documentId="RetDoc2">
      <Compensation>
        <PersonName>RICHARD COOMBE</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>DOROTHY MUTHIG</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>JACK DENMAN</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>MARGARET COOMBE</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>GEORGIANNA LEPKE</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>DONNA DENMAN</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>BARRY LEWIS</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>JOANN GALLAGHER</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>ANITA JONES</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>BARBARA PURCELL</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>DAVID FORSHAY</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>JOSEPH INGHRIM</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>BARBARA GARIGLIANO</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>ELISE HORNSBECK</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>KEITH EDWARDS</PersonName>
      </Compensation>
    </CompensationExplanation>
  </ReturnData>
</Return>