2026-05-01T14:36:10-05:00 2025-06-30 992277914 EAG NEW ENGLAND LLC 160 FEDERAL STREET 9TH FLOOR BOSTON MA 02110 990 2024-07-01 042103993 THE CHILDRENS MUSEUM CHIL 6174266500 308 CONGRESS STREET BOSTON MA 02210 JAGDISH CHOKSHI CFAO 6174266500 2026-05-01 1 0 EUGENE BORGONZI P01269879 6172276161 2026-04-10 2024 2025-03-06 01:10:19Z BOSTON CHILDREN'S MUSEUM JAGDISH CHOKSHI 308 CONGRESS STREET BOSTON MA 02210 26177014 0 X BOSTONCHILDRENSMUSEUM.ORG X 1913 MA BOSTON CHILDREN'S MUSEUM ENGAGES CHILDREN AND FAMILIES IN JOYFUL DISCOVERY EXPERIENCES THAT INSTILL AN APPRECIATION OF OUR WORLD, DEVELOP FOUNDATIONAL SKILLS, AND SPARK A LIFELONG LOVE OF LEARNING. BOSTON CHILDREN'S MUSEUM IS A WELCOMING, IMAGINATIVE, CHILD-CENTERED LEARNING ENVIRONMENT THAT SUPPORTS DIVERSE FAMILIES IN NURTURING THEIR CHILDREN'S CREATIVITY AND CURIOSITY. WE PROMOTE THE HEALTHY DEVELOPMENT OF ALL CHILDREN SO THAT THEY WILL FULFILL THEIR POTENTIAL AND CONTRIBUTE TO OUR COLLECTIVE WELLBEING AND FUTURE PROSPERITY. 30 30 124 103 -303914 0 5486912 14144843 5356523 5487996 1257265 2496501 -202130 -51427 11898570 22077913 0 0 0 0 4995092 6105616 0 0 906571 5268194 6381919 10263286 12487535 1635284 9590378 64850910 75690406 10927649 10929395 53923261 64761011 X SEE SCHEDULE O - FORM 990 PART I LINE 1 0 0 3707414 0 4291741 VISITOR EXPERIENCETHE GOAL OF VISITOR EXPERIENCE IS TO PROVIDE HIGH QUALITY EXPERIENCES FOR OUR LARGE AUDIENCE OF DIVERSE VISITORS, WHETHER THEY COME IN AS SCHOOL OR COMMUNITY GROUPS, OR FAMILIES. WE SEEK TO ADDRESS THE LEARNING NEEDS AND INTERESTS OF CHILDREN BIRTH TO TEN YEARS OLD, AS WELL AS THEIR ACCOMPANYING ADULTS WHO COMPRISE 50% OF THE AUDIENCE. TO DO THIS, WE DEVELOP STAFF TALENT IN DELIVERING EXCELLENT CUSTOMER SERVICE, PUBLIC PROGRAMS, AND ENGAGING INTERACTION WITH VISITORS TO HELP THEM MAXIMIZE THE LEARNING IMPACT AND DELIGHT IN DISCOVERY. VISITOR EXPERIENCE WORKS TO CREATE AN INCLUSIVE ENVIRONMENT THAT WELCOMES ALL. 3475158 0 47028 EDUCATION PROGRAMSTHE GOAL OF EDUCATION PROGRAMS IS TO DEVELOP AND IMPLEMENT INTERACTIVE EXPERIENCES THAT ENHANCE THE MUSEUM'S EXHIBITS FOR CHILDREN AND ADULTS IN THE AREAS OF STEM AND STEAM, VISUAL AND PERFORMING ARTS, HEALTH AND WELLNESS, CULTURES, EARLY CHILDHOOD DEVELOPMENT AND LEARNING, AND COMMUNITY ENGAGEMENT. EDUCATION PROGRAMS INCLUDE SELF-GUIDED AND STRUCTURED SCHOOL PROGRAMS, SCHOOL READINESS PROGRAMS IN PARTNERSHIP WITH COMMUNITY AGENCIES, DESIGNATED PROGRAMS FOR CHILDREN AND FAMILIES WITH SPECIAL NEEDS, SCIENCE DISCOVERY PROGRAMS, ART STUDIO WORKSHOPS, PERFORMING ARTS DEMONSTRATIONS AND WORKSHOPS, AND LIVE THEATER EXPRESSLY GEARED TO YOUNG VISITORS. 2011784 0 0 EXHIBITIONSTHE GOAL OF EXHIBITIONS IS TO DEVELOP, DESIGN AND PRODUCE INNOVATIVELY AWESOME EXPERIENCES THAT ENGAGE CHILDREN AND ADULTS IN MEANINGFUL ACTIVITIES THAT INSPIRE CREATIVITY, CURIOSITY, EXPERIMENTATION, PROBLEM SOLVING, AND COLLABORATION. EXHIBITS ARE POWERFUL TOOLS FOR PLAY AND LEARNING, AND FOR OPENING THE IMAGINATION TO NEW WORLDS AND IDEAS. WITH A GREAT DEPTH AND BREADTH OF STAFF EXPERTISE IN THE ARTS, STEM/STEAM, HEALTH AND WELLNESS, CULTURES AND EARLY CHILDHOOD EDUCATION, THE MUSEUM CREATES EXHIBITS THAT MAY APPEAR DECEPTIVELY SIMPLE BUT ARE FOUNDED IN THE THEORY AND PRACTICE OF HOW CHILDREN AND FAMILIES LEARN BEST. 330186 0 1149227 MEMBERSHIPS 330186 0 1149227 9524542 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 1 1 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 73 0 124 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X JERI APPIER 6174266500 308 CONGRESS STREET BOSTON MA 02210 HELEN ROSENFELD TRUSTEE, VICE CHAIR 0.50 X X 0 0 0 THOMAS MCCROREY TRUSTEE, TREASURER (UNTIL 10/21/24) 0.38 X X 0 0 0 RENEE BOYNTON-JARRETT TRUSTEE 0.38 X 0 0 0 NIRAV DAGLI TRUSTEE 0.50 X 0 0 0 RICK DIMINO TRUSTEE (UNTIL 10/21/24) 0.38 X 0 0 0 DAVID HEALY TRUSTEE, CHAIRMAN 3.75 X X 0 0 0 JASON JANOFF-TRUSTEE ALL YEAR TREASURER (APPT. 10/21/24) 0.38 X X 0 0 0 MIEKO KAMII TRUSTEE 0.50 X 0 0 0 GILES LI TRUSTEE (UNTIL 5/1/25) 0.38 X 0 0 0 AUNOY BANERJEE TRUSTEE 0.38 X 0 0 0 JULIE GORDON TRUSTEE (UNTIL 10/21/24) 0.38 X 0 0 0 KELLY HILLER TRUSTEE, SECRETARY 0.50 X X 0 0 0 DAVID BURT TRUSTEE 0.38 X 0 0 0 KEEGAN CALDWELL TRUSTEE 0.38 X 0 0 0 RYAN MURPHY TRUSTEE 0.38 X 0 0 0 SYLVIA STEVENS-EDOUARD TRUSTEE 0.50 X 0 0 0 PAUL LEONE TRUSTEE (UNTIL 4/1/25) 0.38 X 0 0 0 MELISSA WORTH TRUSTEE 0.38 X 0 0 0 DEBORAH ROBBINS TRUSTEE 0.38 X 0 0 0 DEIRDRE PHILLIPS TRUSTEE 0.38 X 0 0 0 DOROTHY YU TRUSTEE 0.38 X 0 0 0 PAT BROPHY TRUSTEE 0.38 X 0 0 0 ROBIN MOUNT TRUSTEE 0.38 X 0 0 0 CARLOS VASQUEZ TRUSTEE 0.38 X 0 0 0 ARIEL FOXMAN TRUSTEE (UNTIL 2/1/25) 0.38 X 0 0 0 JESSICA GUO TRUSTEE 0.38 X 0 0 0 CHRIS LAGAN TRUSTEE 0.38 X 0 0 0 LIANNE LEVENTHAL TRUSTEE 0.38 X 0 0 0 ANDREW NORTON TRUSTEE 0.38 X 0 0 0 NEAL BOYLE TRUSTEE 0.38 X 0 0 0 RANA MURPHY TRUSTEE 0.38 X 0 0 0 EMILY SCHUR TRUSTEE 0.38 X 0 0 0 JEROME SMITH TRUSTEE 0.38 X 0 0 0 CHARLES DONAHUE TRUSTEE (APPOINTED 10/21/24) 0.38 X 0 0 0 MICHAEL HARRISON TRUSTEE (APPOINTED 3/5/25) 0.38 X 0 0 0 ELIZABETH HIBBARD TRUSTEE (APPOINTED 10/21/24) 0.38 X 0 0 0 CAROLE CHARNOW PRESIDENT/CEO 35.00 X 270581 0 34260 AMY AUERBACH SVP/CFO (UNTIL 10/14/24) 35.00 X 184415 0 17753 HANNAH CORNU ASSISTANT SECRETARY 35.00 X 53744 0 8930 JAGDISH CHOKSHI CFAO (AS OF 10/14/24) 35.00 X 37212 0 0 CHARLAYNE MURRELL-SMITH VP OF CORPORATE DEVELOPMENT 35.00 X 139732 0 16942 JERI APPIER - CONTROLLER & MANAGING DIRECTOR FINANCE 35.00 X 126697 0 7247 MICHAEL TRAVIS VP OF DEVELOPMENT 35.00 X 202881 0 18058 MELISSA HIGGINS VP OF PROGRAMS & EXHIBITS 35.00 X 141676 0 5667 ROBIN MEISNER SENIOR DIRECTOR, EXHIBITS 35.00 X 108825 0 14802 1265763 0 123659 8 0 1 0 CBRE INC PO BOX 848844 LOS ANGELES CA 90084 PROPERTY MANAGEMENT 473223 ACP CLEANING INC PO BOX 2411 WOBURN MA 01888 MUSEUM AND TENANT CLEANING 440749 SECURITAS SECURITY SERVICES US 77 SUMMER STREET 4TH FLOOR BOSTON MA 02110 MUSEUM AND BUILDING SECURITY 427744 ATKINSON CARPET & FLOORING 11 ROGERS ROAD STE 2 HAVERHILL MA 01835 FLOORING INSTALLATION 265558 NORTHEASTERN MECHANICAL INC 35 INDUSTRIAL DRIVE CANTON MA 02021 HVAC SERVICE & REPAIR 243750 8 541877 656520 12946446 84916 14144843 ADMISSIONS 900099 3919862 3919862 MEMBERSHIPS 900099 1149227 1149227 PROGRAM FEES 900099 418907 418907 5487996 1432574 6063 1426511 2378259 3243655 -865396 -865396 -307587 -557809 1654021 590094 1063927 1063927 1351 1062576 123535 541877 265352 -141817 -141817 OTHER INVESTMENT INCOME FROM K-1 523000 507574 -3741 511315 ANCILLARY SERVICES 900099 448212 448212 955786 22077913 5936208 -303914 2300776 683474 573870 109604 4498831 3836996 157900 503935 116244 70972 29045 16227 417047 363347 24362 29338 390020 296037 50702 43281 2843 2843 48827 48827 90136 90136 3409 3409 1239556 1181820 48472 9264 107122 106965 157 227200 134446 61791 30963 411958 163342 240193 8423 1211547 937367 257874 16306 87532 54633 19355 13544 1748411 1607071 124430 16910 125670 112708 11326 1636 OTHER INVESTMENT DEDUCT 380856 380856 EQUIPMENT RENTAL- REPAI 325000 309161 12643 3196 MATERIALS AND SUPPLIES 185140 179938 2702 2500 BANK AND CC FEES 175555 163591 1079 10885 11157 6148 4586 423 12487535 9524542 2056422 906571 2311089 2985661 12576186 11457580 884306 5101359 180932 105638 57015 61258 65195228 39281131 27252441 25914097 2114973 20290944 26733702 1297997 1216138 64850910 75690406 1991933 2460103 100000 60000 8141717 7654558 394295 409279 299704 345455 10927649 10929395 X 38185802 37854401 15737459 26906610 53923261 64761011 64850910 75690406 X 9590378 1422639 -175267 X X 0 1 X 1 0 X 6730954 10194470 3916355 5486912 14144843 40473534 1746094 3879185 5154417 5785363 5936208 22501267 8477048 14073655 9070772 11272275 20081051 62974801 139733 168898 168849 219709 358859 1056048 0 139733 168898 168849 219709 358859 1056048 61918753 2831594 2745634 2985303 3603093 4318407 16484031 2831594 2745634 2985303 3603093 4318407 16484031 11308642 16819289 12056075 14875368 24399458 79458832 0.77930 0.76530 0.20750 0.22190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 91567 0 0 91567 0 PART II-B, LINE 1: IN 2022, THE MUSEUM COMPLETED A MASTER PLAN OF ITS BUILDING AND PROPERTY FOR THE PURPOSE OF CONFRONTING THE EFFECTS THAT RISING TIDES WILL BE HAVING ON ITS ASSETS. THE RESEARCH OUTLINED THE REAL THREATS AND RECOMMENDED MAJOR RENOVATIONS INCLUDING MOVING THE MEP EQUIPMENT FROM FLOORS 1 TO FLOOR 3, RAISING THE MUSEUM LOBBY, AND INSTALLING SUMP PUMPS AND WATER RESERVOIR SYSTEMS. IN ORDER TO GAIN KNOWLEDGE AND ACCESS TO EXISTING GOVERNMENT PROGRAMS AT THE LOCAL, STATE AND FEDERAL LEVELS, AND TO GATHER SUPPORT FOR OUR PROJECT, THE MUSEUM HIRED A GOVERNMENT RELATIONS FIRM. THEIR PRIMARY ROLE IS FOR ADVOCACY AND TO PROVIDE RESEARCH AND INTRODUCTIONS TO GOVERNMENT REPRESENTATIVES INVOLVED AND INTERESTED IN THESE ISSUES. X X X X 0 19893625 3967797 3456327 795124 26522625 16894371 1011827 2779038 791611 19893625 15847041 1849019 801689 16894371 19758883 5069 -3157081 759830 15847041 16240927 5197 4254263 741504 19758883 0.43520 0.24060 0.32420 0 0 3331193 3331193 48030871 29199693 18831178 2384514 2114483 270031 11448650 7966955 3481695 25914097 211078 F THE TIFF CENTERSTONE FUND LP 14591462 F TIFF MULTI-ASSET FUND 11931162 F 26733702 SECURITY DEPOSITS 345455 345455 X 26206371 1422639 8071 -186241 1244469 24961902 3409 -2887398 -2883989 22077913 15368621 8071 3257280 3265351 12103270 3409 380856 384265 12487535 PART III, LINE 1A: IN CONFORMITY WITH THE PRACTICE FOLLOWED BY MANY MUSEUMS, THE VALUE OF PROPERTY PURCHASED OR DONATED FOR THE MUSEUM COLLECTION IS NOT REFLECTED ON THE STATEMENTS OF FINANCIAL POSITION. THE COLLECTION IS DEEMED INEXHAUSTIBLE. THE COLLECTION IS MAINTAINED FOR EDUCATION AND RESEARCH AND FURTHERANCE OF THE MUSEUM'S GOALS RATHER THAN FINANCIAL GAIN. THE COLLECTION IS PROTECTED, KEPT UNENCUMBERED AND IS SUBJECT TO AN ORGANIZATIONAL POLICY THAT ENCOURAGES PERMANENT POSSESSION. THE MUSEUM'S COLLECTIONS POLICY REQUIRES THAT PROCEEDS FROM THE SALE OF COLLECTION ITEMS BE USED FOR THE ACQUISITION OR DIRECT CARE OF COLLECTION ITEMS. DIRECT CARE INCLUDES, BUT IS NOT LIMITED TO, THE FOLLOWING: CONTRACT CONSERVATION AND CONSULTANT COSTS, THE PHYSICAL REPAIR OR UPGRADING OF THE STORAGE AREAS HOUSING COLLECTIONS INCLUDING REHOUSING MATERIALS AND SUPPLIES, AND THE TECHNOLOGICAL ASSETS NEEDED TO CARE FOR AND MAINTAIN THE COLLECTION. PART III, LINE 4: BOSTON CHILDRENS MUSEUM HAS BEEN A COLLECTING INSTITUTION SINCE ITS BEGINNING IN 1913 AND TODAY THE COLLECTIONS NUMBER APPROXIMATELY 25,500 OBJECTS, INCLUDING CULTURAL ARTIFACTS AND NATURAL HISTORY SPECIMENS, WHICH CAN BE BROKEN INTO SIX MAIN COLLECTING AREAS: NATIVE AMERICAN, JAPANESE, AMERICANA, GLOBAL DOLLS, GENERAL CULTURAL COLLECTIONS, AND NATURAL HISTORY. THE COLLECTION IS MOST FREQUENTLY USED TO ENHANCE MUSEUM EXHIBITS, FOR SCHOLARLY RESEARCH, AS WELL AS EDUCATIONAL PROGRAMMING. PART V, LINE 4: THE ORGANIZATION'S TERM ENDOWMENTS REPRESENT ACCUMULATED INVESTMENT GAINS SUBJECT TO THE MUSEUM'S ENDOWMENT SPENDING POLICY. THE MUSEUM USES ITS PERMANENT ENDOWMENTS IN ACCORDANCE WITH UPMIFA AND SPENDS FOUR-AND-A-HALF PERCENT OF THE AVERAGE OF THE FMV OF EACH OF THE PREVIOUS 12 QUARTERS TO SUPPORT CURRENT OPERATIONS. THE BOARD-DESIGNATED AND QUASI-ENDOWMENTS ARE USED AT THE BOARD'S DISCRETION. PART X, LINE 2: THE MUSEUM OPERATES AS A PUBLICLY SUPPORTED TAX-EXEMPT ORGANIZATION PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND, ACCORDINGLY, IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 509(A)(2) OF THE CODE. THE MUSEUM IS ALSO EXEMPT FROM MASSACHUSETTS INCOME TAX UNDER MASSACHUSETTS GENERAL LAW CHAPTER 180. THE MUSEUM IS SUBJECT TO THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD'S ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES, AS IT RELATES TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT BELIEVES THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION OF AN ASSET OR LIABILITY OR DISCLOSURE IN THESE FINANCIAL STATEMENTS. THE MUSEUM WOULD RECOGNIZE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN ADMINISTRATION AND GENERAL EXPENSES IF INCURRED. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED LOSS ON DERIVATIVE INSTRUMENTS -186,241. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -3,243,655. BOOK-TAX RENTAL INCOME ADJUSTMENT PER IRC 467 -24,599. DEDUCTIONS REPORTED ON K-1 RECORDED IN UNREALIZED GAIN ON FINANCIALS 380,856. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 3,243,655. BAD DEBT EXPENSE 13,625. PART XII, LINE 4B - OTHER ADJUSTMENTS: DEDUCTIONS REPORTED ON K-1 RECORDED IN UNREALIZED GAIN ON FINANCIALS 380,856. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES MUSEUM ADMISSION TICKETS, FAMILY MEMBERSHIP REVENUE RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, 0 0 PROGRAM SERVICES MUSEUM ADMISSION TICKETS SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICES MUSEUM ADMISSION TICKETS CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES MUSEUM ADMISSION TICKETS SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM SERVICES MUSEUM ADMISSION TICKETS MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES MUSEUM ADMISSION TICKETS NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES MUSEUM ADMISSION TICKETS, FAMILY MEMBERSHIP REVENUE SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 PROGRAM SERVICES MUSEUM ADMISSION TICKETS EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES MUSEUM ADMISSION TICKETS; FAMILY MEMBERSHIP REVENUE NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 FUNDRAISING N/A EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 FUNDRAISING N/A EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 FUNDRAISING N/A NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PURCHASE OF SOFTWARE N/A 6493 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 SHOJI & FUSUMA DOOR REPAIRS; PURCHASE OF MATERIALS & SUPPLIES FOR JAPAN EDUCATION PROGRAM & EXHIBIT N/A 9163 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 CONFERENCE EXPENSES N/A 888 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 WEBSITE EXPENSES N/A 247 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 1 EXHIBIT EXPENSES (CONSULTANT, MATERIALS & SUPPLIES) N/A 66688 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 MATERIALS & SUPPLIES FOR EXHIBIT N/A 17 CENTRAL AMERICA AND THE CARIBBEAN 0 0 FUNDRAISING N/A EAST ASIA AND THE PACIFIC 0 0 TOMOO HAMADA WORKSHOP N/A 700 EAST ASIA AND THE PACIFIC 0 0 RECEIVED SPEAKER FEE FOR PRESENTATION AT IMAGINE THE NATIONAL CHILDREN'S FUTURE MUSEUM FORUM N/A 0 0 0 1 0 1 0 84196 84196 1 0 1 1 1 0 PART I, LINE 3: EXPENDITURES ARE ACCOUNTED FOR ON THE ACCRUAL BASIS USED FOR FINANCIAL STATEMENT PURPOSES. FORM 990, SCHEDULE F, PART I, LINE 3 THE MUSEUM RECEIVED CONTRIBUTIONS FROM DONORS LOCATED IN THE FOLLOWING REGIONS: EAST ASIA AND THE PACIFIC EUROPE NORTH AMERICA NO EXPENDITURES WERE MADE IN THESE REGIONS IN ORDER TO OBTAIN THESE CONTRIBUTIONS AND THOSE DONORS HAVE BEEN REPORTED ON SCHEDULE B, IF APPLICABLE, IN ACCORDANCE WITH SCHEDULE B INSTRUCTIONS. THE MUSEUM ALSO RECEIVED PROGRAM SERVICE AND MEMBERSHIP REVENUES FROM THE FOLLOWING REGIONS: CENTRAL AMERICA AND THE CARIBBEAN EAST ASIA AND THE PACIFIC EUROPE MIDDLE EAST AND NORTH AFRICA NORTH AMERICA RUSSIA AND NEIGHBORING STATES SOUTH AMERICA SOUTH ASIA SUB-SAHARAN AFRICA NO EXPENDITURES WERE MADE IN THESE REGIONS IN ORDER TO OBTAIN THESE REVENUES. FORM 990, SCHEDULE F, PART IV, LINE 3 THE MUSEUM HAD OWNERSHIP INTERESTS IN FOREIGN CORPORATIONS THROUGH ITS INVESTMENT IN A DOMESTIC PARTNERSHIP, BUT DID NOT MEET ANY OF THE FILING REQUIREMENTS FOR FORM 5471. FORM 990, SCHEDULE F, PART IV, LINE 4 THE MUSEUM WAS AN INDIRECT SHAREHOLDER OF A PASSIVE FOREIGN INVESTMENT COMPANY (PFIC) THROUGH ITS INVESTMENT IN A DOMESTIC PARTNERSHIP. THE DOMESTIC PARTNERSHIP HAS MADE THE QUALIFIED ELECTING FUND (QEF) ELECTION AND HAS FILED THE FORM 8621 ON BEHALF OF ITS PARTNERS. ALSO NONE OF THE INCOME DERIVED FROM THE PFIC IS UNRELATED BUSINESS TAXABLE INCOME. THEREFORE, THE MUSEUM MEETS TWO EXCEPTIONS FOR FILING FORM 8621. WONDER BALL 665412 541877 123535 93870 99120 8700 63662 665412 541877 123535 93870 99120 8700 63662 265352 -141817 X X X X X 0 0 0 0 0 0 0 0 0 CAROLE CHARNOW PRESIDENT/CEO 264972 0 5059 0 550 0 11331 0 22929 0 304841 0 0 0 MICHAEL TRAVIS VP OF DEVELOPMENT 198248 0 4004 0 629 0 8279 0 9779 0 220939 0 0 0 AMY AUERBACH SVP/CFO (UNTIL 10/14/24) 180383 0 3641 0 391 0 7560 0 10193 0 202168 0 0 0 CHARLAYNE MURRELL-SMITH VP OF CORPORATE DEVELOPMENT 136517 0 2810 0 405 0 5810 0 11132 0 156674 0 0 0 A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431181 57583RGQ2 2006-09-25 SEE SCHEDULE K, PAGE 2, PART V 0 0 0 A 6921695 30000000 396523 22681782 2007 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 1 1 CITIZENS BANK 10.000000000000 0 0 0 0 1 A 0 SCHEDULE K, PART I, ITEM A, COLUMN F DESCRIPTION OF BOND PURPOSE TO FINANCE AND REFINANCE THE CAPITAL COSTS OF THE: A)ACQUISITION, CONSTRUCTION, RENOVATION AND EQUIPPING OF THE BORROWER'S FACILITIES; B) PROJECTS ORIGINALLY FINANCED WITH SERIES 2001 BONDS; AND C) CERTAIN COSTS OF ISSUANCE. X 10 84916 MARKET QUOTATIONS 0 0 1 0 PART I, COLUMN (B): THE MUSEUM RECEIVED 10 SEPARATE STOCK DONATIONS FROM 9 DIFFERENT DONORS DURING THE FISCAL YEAR ENDED JUNE 30, 2025. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE AND AUDIT COMMITTEES ARE THE GOVERNING BODIES THAT HAVE RESPONSIBILITY FOR REVIEWING THE FORM 990. THIS FORM WAS DISTRIBUTED BY EMAIL TO THESE COMMITTEES PRIOR TO THE FILING DATE, LEAVING TIME FOR QUESTIONS AND COMMENTS. IN ADDITION, THE ENTIRE BOARD OF TRUSTEES ALSO RECEIVES A COPY OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, THE MUSEUM ASKS ALL THE TRUSTEES AND OFFICERS TO REVIEW AND EXECUTE A CONFLICT OF INTEREST POLICY STATEMENT. IT IS THE RESPONSIBILITY OF THE PRESIDENT/CEO AND THE BOARD CHAIR TO REVIEW AND DISCLOSE CONFLICTS AND HANDLE THE MATTER AS HE OR SHE DEEMS APPROPRIATE. THE CONFLICT OF INTEREST POLICY STATEMENT ALSO OBLIGATES EACH FIDUCIARY, ON AN ONGOING BASIS, TO REPORT ANY CONFLICTS EITHER EXISTING OR PERCEIVED TO THE PRESIDENT/CEO OR BOARD CHAIR. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR REVIEWING AND DETERMINING THE CEO'S COMPENSATION IS AS FOLLOWS: THERE IS A COMPENSATION COMMITTEE, WHICH IS A SUBSET OF THE BOARD OF TRUSTEES WHICH CONVENES TWICE A YEAR TO REVIEW THE CEO'S PERFORMANCE AND CONSIDER MARKET DATA FOR THIS POSITION. BASED ON THIS REVIEW, A COMPENSATION PACKAGE IS ADJUSTED AND AGREED UPON EACH YEAR. DURING FISCAL YEAR 2025, THE MUSEUM REVIEWED A COMPENSATION STUDY TO ADJUST AND AGREE UPON THE CEO'S COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE AS WELL AS UPON REQUEST. FORM 990, PART XI, LINE 9: UNREALIZED LOSS ON DERIVATIVE INSTRUMENTS -186,241. BOOK-TAX RENTAL INCOME ADJUSTMENT PER IRC 467 24,599. BAD DEBT EXPENSE -13,625. FORM 990, PART XII, LINE 2C THE AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE MUSEUM'S FINANCIAL STATEMENTS AND SELECTION OF THE INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.