2022-11-14T09:08:24-06:00 2021-12-31 474526160 EFPR GROUP CPAS PLLC 8 DENISON PARKWAY E SUITE 407 CORNING NY 14830 990 2021-01-01 161542277 FINGER LAKES BOATING MUSEUM INC FING 6075692222 8231 PLEASANT VALLEY ROAD HAMMONDSPORT NY 14840 LORRAINE MANELIS TREASURER 6075692222 2022-11-11 1 LORRAINE MANELIS 999009999 RICHARD J DAVIS CPA P00732051 6079626891 2022-11-11 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z LORRAINE MANELIS 8231 PLEASANT VALLEY ROAD HAMMONDSPORT NY 14840 663411 0 X WWW.FLBM.ORG X 1997 NY TO COLLECT, PRESERVE, AND INTERPRET OBJECTS RELATED TO BOATING AND BOATING HISTORY ORIGINATING IN OR OTHERWISE ASSOCIATED WITH THE FINGER LAKES REGION. ALSO, TO RESEARCH, DOCUMENT, AND DISSEMINATE INFORMATION ON BOATS, BOATING AND BOATING HISTORY ORIGINATING IN OR OTHERWISE ASSOCIATED WITH THE FINGER LAKES REGION. 18 18 12 115 0 0 390127 408754 103413 153685 270 2294 11332 67856 505142 632589 0 0 0 0 90695 116098 0 0 0 262054 350677 352749 466775 152393 165814 1468492 1652760 216377 234831 1252115 1417929 X TO COLLECT, PRESERVE, AND INTERPRET OBJECTS RELATED TO BOATING AND BOATING HISTORY ORIGINATING IN OR OTHERWISE ASSOCIATED WITH THE FINGER LAKES REGION. ALSO, TO RESEARCH, DOCUMENT, AND DISSEMINATE INFORMATION ON BOATS, BOATING AND BOATING HISTORY ORIGINATING IN OR OTHERWISE ASSOCIATED WITH THE FINGER LAKES REGION. 0 0 417258 187780 THE FINGER LAKES BOATING MUSEUM (FLBM) COLLECTS, PRESERVES BOATS AND THE BOATING HISTORY OF THE FINGER LAKES. THE MUSEUM OFFERS A WIDE RANGE OF EDUCATIONAL OPPORTUNITIES SURROUNDING BOATING AND BOAT BUILDING. WITH A PARTICULAR EMPHASIS ON THE FINGER LAKES REGION OF UPSTATE, NEW YORK, THE FLBM CONDUCTS COURSES, WORKSHOPS, DEMONSTRATIONS, LECTURES, AND EXHIBITS ON THE RICH HISTORY OF BOATING AND BOAT BUILDING IN THE 14 COUNTY AREA. THE FLBM COLLECTION HOUSES OVER 200 FINGER LAKES-BUILT BOATS AND NUMEROUS BOATING EPHEMERA. AREA SCHOOL DISTRICTS AVAIL THEMSELVES OF SPECIAL STUDENT PROGRAMS WITH MULTIPLE FIELD TRIPS PER YEAR. 417258 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 12 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X LORRAINE MANELIS 6075692222 8231 PLEASANT VALLEY ROAD PO BOX HAMMONDSPORT NY 14840 BERNIE BURNS TRUSTEE 2.00 X 0 0 0 PATRICIA ETTER TRUSTEE 2.00 X 0 0 0 PETER HUTCHINGS TRUSTEE 2.00 X 0 0 0 ALLYN HETZKE TRUSTEE 2.00 X 0 0 0 SCOTT JOHNSON TRUSTEE 2.00 X 0 0 0 JOSEPH MEADE IV TRUSTEE 2.00 X 0 0 0 SAM PENNISE TRUSTEE 2.00 X 0 0 0 DAVID ROCKWELL TRUSTEE 2.00 X 0 0 0 DAVE BORNHOLDT SECRETARY 5.00 X X 0 0 0 C DUNCAN SPRINGSTEAD TRUSTEE 2.00 X 0 0 0 KATHY VENEMA PRESIDENT 5.00 X X 0 0 0 PHIL WALKER VICE PRESIDENT 2.00 X X 0 0 0 ED WIGHTMAN TRUSTEE 35.00 X 0 0 0 PAM GRATZER TRUSTEE 2.00 X 0 0 0 JACK LUCEK TRUSTEE 5.00 X 0 0 0 JOHN RUDD TRUSTEE 2.00 X 0 0 0 LORRAINE MANELIS TREASURER 15.00 X X 0 0 0 JOHN TURNER TRUSTEE 2.00 X 0 0 0 ANDREW TOMPKINS EXECUTIVE DIRECTOR 40.00 X 34840 0 1045 34840 0 1045 0 0 0 0 0 500 408254 146709 408754 MEMBERSHIP DUES 900099 95185 95185 PROGRAM REVENUE 900099 56648 56648 ADMINISTRATIVE SERVICE 900099 1852 1852 153685 2294 2294 2450 0 2450 2450 2450 45790 500 14479 31311 31311 27587 16343 11244 11244 MISCELLANEOUS 900099 22851 22851 22851 632589 187780 0 36055 35885 32297 3588 69523 62571 6952 1383 1244 139 1339 1205 134 7968 7172 796 3138 3138 2300 2300 2283 2283 15171 15171 43814 39431 4383 195819 176237 19582 44401 39961 4440 17815 16033 1782 EDUCATION 11393 11393 COLLECTIONS 8875 8875 MEMBERSHIP 4426 4426 GRANT EXPENSES 1140 1140 102 102 466775 417258 49517 0 187023 202059 202203 238005 18618 10144 7427 6664 8368 1378796 215539 1062458 1163257 15026 1468492 1652760 18172 17867 184837 216964 13368 0 216377 234831 X 1225540 1388936 26575 28993 1252115 1417929 1468492 1652760 165814 0 X X 1 X 0 1 0 X 460361 170385 299971 390127 263054 1583898 460361 170385 299971 390127 263054 1583898 848183 735715 1586 5399 7265 4041 4744 23035 3270 8162 4085 3025 22851 41393 1648326 643599 0.44630 0.97620 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 25757 2236 27993 25642 115 25757 25104 538 25642 20000 5000 104 25104 20000 20000 1.00000 0 0 174022 174022 1189954 200719 989235 14820 14820 0 1163257 X 663411 30822 30822 632589 0 632589 497597 30822 30822 466775 0 466775 PART III, LINE 1A: COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTION IF PURCHASED WITH ASSETS WITHOUT DONON RESTRICTION AND AS DECREASES IN NET ASSETS WITH DONOR RESTRICTION IF PURCHASED WITH DONOR RESTRICTED ASSETS. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES BASED ON THE ABSENCE OR EXISTENCE AND NATURE OF DONOR-IMPOSED RESTRICTIONS. PART III, LINE 4: SEE EXPLANATION FOR LINE 1A. PART V, LINE 4: THE INTENDED USE OF THE ENDOWMENT FUNDS IS TO ENHANCE THE MUSEUM'S LONG TERM SUSTAINABILITY. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ACCORDANCE WITH ASC 740-10-50, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, THE ORGANIZATION RECOGNIZES THE TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT THE ORGANIZATION IS CURRENTLY OPERATING IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE INTERNAL REVENUE CODE. THEREFORE, NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS HAS BEEN INCLUDED ON THE ORGANIZATION'S FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 16,343. DIRECT FUNDRAISING EXPENSES 14,479. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 16,343. DIRECT FUNDRAISING EXPENSES 14,479. GOLF TOURNAMENT 43200 500 42700 12689 43200 500 42700 12689 12689 30011 NANCY WIGHTMAN SPOUSE OF BOARD TRUSTEE 20493 EMPLOYEE OF THE ORGANIZATION 0 X 1 145200 AVERAGE ASSESSED VALUE X 3 NO VALUE ASSIGNED X CAMERA EQUIPMENT 1 1460 FMV X CARDS 1 49 FMV X ANTIQUE BOATS 13 0 NO VALUE ASSIGNED X OLD BOAT MOTORS 12 0 NO VALUE ASSIGNED X TRAILERS 2 0 NO VALUE ASSIGNED 0 0 0 PART I, LINE 33: COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTION IF PURCHASED WITH ASSETS WITHOUT DONOR RESTRICTION AND AS DECREASES IN NET ASSETS WITH DONOR RESTRICTION IF PURCHASED WITH DONOR RESTRICTED ASSETS. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES BASED ON THE ABSENCE OR EXISTENCE AND NATURE OF DONOR-IMPOSED RESTRICTIONS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS PROVIDED TO THE BOARD FOR REVIEW. IT IS PROVIDED ELECTRONICALLY FOR INSPECTIONS, QUESTIONS AND ANY NECESSARY REVISIONS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST STATEMENT IS COMPLETED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST WITH A NOMINAL COPYING FEE. FORM 990, PART XII, LINE 2C: NO CHANGE FROM THE PRIOR YEAR.