2023-11-10T12:46:33-06:00 2022-12-31 141555429 UHY ADVISORS NY INC 4 TOWER PLACE EXECUTIVE PARK 7TH FLOOR ALBANY NY 12203 990 2022-01-01 135635801 ADIRONDACK HISTORICAL ASSOCIATION ADIR 5183527311 PO BOX 99 BLUE MOUNTAIN LAKE NY 12812 DAVID KAHN EXECUTIVE DIRECTOR 5183527311 2023-11-15 1 DAVID KAHN XXX-XX-XXXX 0 JAMES DANIELS P00603621 5184493166 2023-11-07 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ADIRONDACK EXPERIENCE - THE MUSEUM ON BLUE MOUNTAIN LAKE DAVID KAHN PO BOX 99 BLUE MOUNTAIN LAKE NY 12812 11447743 0 X THEADKX.ORG X 1955 NY PLEASE SEE SCHEDULE O. 19 19 95 19 254397 0 3164190 2664228 313413 376203 4316115 1765885 511407 469336 8305125 5275652 0 0 0 0 2687921 3003912 0 0 361852 2383686 2810308 5071607 5814220 3233518 -538568 85481091 77043944 1162167 1889006 84318924 75154938 X TO PROMOTE AND ENCOURAGE HISTORICAL STUDY AND RESEARCH RELATING TO THE ADIRONDACK PARK; TO GATHER AND DISSEMINATE HISTORICAL INFORMATION CONCERNING THE PARK; TO COLLECT AND PRESERVE ALL DOCUMENTS, BOOKS, AND OBJECTS RELATING TO THE REGION; TO MAINTAIN AN HISTORICAL MUSEUM NECESSARY TO CARRY OUT THE WORK OF THE ASSOCIATION, THROUGH OPERATION OF THE ADIRONDACK MUSEUM IN BLUE MOUNTAIN LAKE. 0 0 4853505 376203 TO PROMOTE AND ENCOURAGE HISTORICAL STUDY AND RESEARCH RELATING TO THE ADIRONDACK PARK; TO GATHER AND DISSEMINATE HISTORICAL INFORMATION CONCERNING THE PARK; TO COLLECT AND PRESERVE ALL DOCUMENTS, BOOKS, AND OBJECTS RELATING TO THE REGION; TO MAINTAIN AN HISTORICAL MUSEUM NECESSARY TO CARRY OUT THE WORK OF THE ASSOCIATION. 4853505 1 1 0 0 0 0 1 1 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 74 0 1 95 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NY X DAVID KAHN 5183527311 PO BOX 99 BLUE MOUNTAIN LAKE NY 12812 MICHAEL L BIRD TRUSTEE 1.00 X 0 0 0 ANNE DONOVAN BODNAR TRUSTEE 1.00 X 0 0 0 PETER J FALCO TRUSTEE 1.00 X 0 0 0 DREW C FORHAN TRUSTEE 1.00 X 0 0 0 NANCY R KEET TRUSTEE 1.00 X 0 0 0 BENITA LAW-DIAO TRUSTEE 1.00 X 0 0 0 WILLIAM F LOCKE TRUSTEE 1.00 X 0 0 0 GEOFFREY ROBILLARD TRUSTEE 1.00 X 0 0 0 NANCY REARDON SAYER TRUSTEE 1.00 X 0 0 0 RICHARD SCORDATO TRUSTEE 1.00 X 0 0 0 SCOTT MANNING STEVENS TRUSTEE 1.00 X 0 0 0 GARRETT W THELANDER TRUSTEE 1.00 X 0 0 0 JAMES T TOWNSEND TRUSTEE 1.00 X 0 0 0 SARAH M UNDERHILL TRUSTEE 1.00 X 0 0 0 GREGORY S WOLCOTT TRUSTEE 1.00 X 0 0 0 ROBERT S SEARLE CO-CHAIR 5.00 X 0 0 0 ANNE H VAN INGEN CO-CHAIR 5.00 X 0 0 0 E DARCIE CORBIN SECRETARY 3.00 X X 0 0 0 DAVID A ROCKWELL TREASURER 3.00 X X 0 0 0 DAVID KAHN EXECUTIVE DIRECTOR 40.00 X 230622 0 31753 230622 0 31753 1 0 1 0 0 211494 2452734 20215 2664228 ADMISSIONS 611710 376203 376203 376203 682360 682360 6827000 5743475 1083525 1083525 1083525 266530 76113 190417 190417 606900 352503 254397 254397 OTHER INCOME 900099 24522 24522 24522 5275652 376203 254397 1980824 262375 262375 2144896 1878401 86657 179838 138001 123131 2989 11881 174218 138959 21851 13408 284422 229632 35163 19627 59863 18094 36224 5545 265270 265270 78934 25088 42290 11556 14862 9214 2824 2824 526539 465836 46700 14003 36186 36186 27155 27155 821851 804240 14263 3348 108286 100706 6497 1083 UBIT NYS ARTICLE 13 250 250 EDUCATION PROGRAMS 401064 401064 PURCHASE OF COLLECTIONS 241579 241579 DEVELOPMENT AND MEMBERS 104779 8867 95912 123690 116269 4594 2827 5814220 4853505 598863 361852 581561 651535 1220560 876354 187562 173908 52908 64533 34053226 16316995 16682644 17736231 66755856 57541383 85481091 77043944 212192 1089006 949975 800000 1162167 1889006 X 53057549 45150556 31261375 30004382 84318924 75154938 85481091 77043944 -538568 -8625418 0 X 0 1 X 1 0 X 3006878 2657043 3535039 3164190 2664228 15027378 3006878 2657043 3535039 3164190 2664228 15027378 125752 14901626 799802 867514 715513 718594 682360 3783783 34235 39796 173597 44997 292625 22684 34401 5932 29066 24522 116605 19220391 1611944 0.77530 0.76700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 1 X X X 0 61102012 -149975 -6859533 2023890 357157 51711457 52927589 -700000 12828850 3361263 593164 61102012 51856843 -500000 5704175 3513415 620014 52927589 48353814 -2627537 9182349 2594016 457767 51856843 52131694 20750 -1658510 1819102 321018 48353814 0.47350 0.51060 0.01590 0 0 1282795 1282795 26840082 13085878 13754204 857224 681718 175506 5073125 2549399 2523726 17736231 MUTUAL FUNDS 44383357 F PRIVATE EQUITY 12904328 F MONEY MARKET FUNDS 149927 F CERTIFICATES OF DEPOSIT 103771 F 57541383 X -3349766 -8625418 -8625418 5275652 0 5275652 5814220 0 5814220 0 5814220 PART III, LINE 1A: TEXT OF FINANCIAL STATEMENTS FOOTNOTE RELATED TO COLLECTIONS: THE ASSOCIATION IS THE STEWARD OF AN IMPORTANT AND EXTENSIVE COLLECTION OF ART, MATERIAL CULTURE, PHOTOGRAPHY, LIBRARY AND ARCHIVAL HOLDINGS. EACH OF THE ITEMS IS CATALOGUED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. COLLECTIONS INCLUDE TOOLS FOR TRADES AND INDUSTRIES; LAND AND WATER VEHICLES; OBJECTS FROM DOMESTIC AND COMMUNITY LIFE AS WELL AS SPORT AND RECREATION; BOOKS AND DOCUMENTS; HISTORIC PHOTOGRAPHS AND FILM; WORKS OF FINE ART AND FOLK ART. THE ASSOCIATION IS KNOWN FOR ITS ART COLLECTION REPRESENTING MAJOR NINETEENTH AND TWENTIETH CENTURY ARTISTS INCLUDING THOMAS COLE, WINSLOW HOMER, ARTHUR FITZWILLIAM TAIT, FREDERIC REMINGTON, HAROLD WESTON, AND ROCKWELL KENT. THE EXTENSIVE FRESHWATER BOAT COLLECTION INCLUDES MANY EXAMPLES OF THE REGION'S SIGNATURE ARTIFACT, THE GUIDE BOAT. THE ADIRONDACK RUSTIC FURNITURE AND DECORATIVE ARTS COLLECTION FEATURES UNIQUE REGIONAL EXAMPLES. THE COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE ASSOCIATION'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTION IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED, OR AS RELEASES FROM RESTRICTION IF NET ASSETS WITH DONOR RESTRICTIONS ARE USED TO PURCHASE THE ITEMS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. THE ASSOCIATION HAS A POLICY THAT REQUIRES PROCEEDS FROM DEACCESSIONS TO BE USED TO ACQUIRE OTHER ITEMS FOR ITS COLLECTION, THE DIRECT CARE OF THE ASSOCIATION'S EXISTING COLLECTIONS, OR BOTH. DIRECT CARE INCLUES PRESERVATION, PROTECTION, OR CARE OF COLLECTIONS. IF THE ASSETS USED TO PURCHASE COLLECTION ITEMS OR TO PROVIDE DIRET CARE ARE SOURCED FROM RETRICTED FUNDS, PROCEEDS FROM DEACCESSION OF THOSE ITEMS ARE RECORDED AS INCREASES IN NET ASETS WITH DONOR RESTRICTIONS UNTIL AN QCQUISITION IS MADE OR DIRECT CARE PROVIDED. PART V, LINE 4: INTENDED USE OF ENDOWMENT FUNDS: THE BOARD HAS DESIGNATED FUNDS FOR CAPITAL IMPROVEMENT, SCHOOL MEMBERSHIP PROGRAMS, COLLECTIONS AND IMPROVEMENTS, AND CAPITAL AND OPERATIONS. NEGATIVE FIGURES IN PART V, LINE 1B REPRESENT NET REPAYMENT OF DEBT. PART X, LINE 2: FASB ASC 740 TEXT OF FINANCIAL STATEMENTS FOOTNOTE RELATED TO UNCERTAIN TAX POSITIONS: UNDER ACCOUNTING STANDARDS CODIFICATION (ASC) SECTION 740, THE TAX STATUS OF TAX-EXEMPT ENTITIES IS AN UNCERTAIN TAX POSITION SINCE EVENTS COULD POTENTIALLY OCCUR THAT JEOPARDIZE TAX-EXEMPT STATUS. MANAGEMENT IS NOT AWARE OF ANY EVENTS THAT COULD JEOPARDIZE THE ASSOCIATION'S TAX-EXEMPT STATUS. ASSOCIATION MANAGEMENT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. GALA 266530 266530 76113 266530 266530 76113 76113 190417 X 1 1 X X X 0 0 0 0 0 0 0 0 0 DAVID KAHN EXECUTIVE DIRECTOR 230622 0 0 0 0 0 26250 0 5503 0 262375 0 0 0 X 6 SEE PART II X 2 SEE PART II X 250 SEE PART II X CHARITY AUCTIONS 25 20215 CASH PROCEEDS 0 1 0 PART I, LINE 33: NO REVENUE IS REPORTED ON LINES 1, 21 AND 22 BECAUSE THE MUSEUM DOES NOT CAPITALIZE COLLECTIONS AS ALLOWED UNDER SFAS 116. THE NUMBER OF ITEMS RECEIVED HAS BEEN REPORTED. FORM 990, PART VI, SECTION B, LINE 11B REVIEW PROCEDURES FOR FORM 990: ANNUAL RETURNS ARE REVIEWED BY THE AUDIT COMMITTEE PRIOR TO SIGNATURE AND SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY PROCEDURES: THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY THAT IS MONITORED AND UPDATED ON A REGULAR BASIS. FORM 990, PART VI, SECTION B, LINE 15 OFFICERS' COMPENSATION PROCEDURES: THE COMPENSATION REVIEW AND APPROVAL PROCESS FOR ALL EXECUTIVE POSITIONS IS PERFORMED ON AN ANNUAL BASIS BY THE BOARD OF TRUSTEES. THERE ARE NO CONFLICTS OF INTEREST WITH ANY TRUSTEES INVOLVED WITH RESPECT TO THE COMPENSATION ARRANGEMENTS AT ISSUE. APPROPRIATE COMPENSATION IS DETERMINED USING INFORMATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENTS ARE MAINTAINED BY THE ASSOCIATION. FORM 990, PART VI, SECTION C, LINE 19 PUBLIC ACCESSS TO CERTAIN DOCUMENTS: COPIES OF GOVERNING DOCUMENTS, TAX RETURNS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.