2024-02-08T09:40:38-06:00 2023-06-30 561750124 BATCHELOR TILLERY & ROBERTS LLP 3605 GLENWOOD AVENUE SUITE 350 RALEIGH NC 27612 990 2022-07-01 561240806 FRIENDS OF THE NC STATE MUSEUM OF NATURAL SCIENCES FRIE 9197079962 PO BOX 26928 RALEIGH NC 276116928 ANGELA BAKER-JAMES EXECUTIVE DIRECTOR 9197079962 2024-02-08 1 ANGELA BAKER-JAMES 999009999 0 JARED L PILAND P01326291 9197878212 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ANGELA BAKER-JAMES PO BOX 26928 RALEIGH NC 276116928 8259592 0 X WWW.NATURALSCIENCES.ORG X 1979 NC THE FRIENDS OF THE NC STATE MUSEUM OF NATURAL SCIENCES SUPPORTS THE MUSEUM IN ITS MISSION TO ILLUMINATE THE NATURAL WORLD AND INSPIRE ITS CONSERVATION. 27 27 107 35 0 0 5622456 4594612 709082 1209915 1565 70460 735064 1122278 7068167 6997265 0 0 0 0 1845489 1878393 0 0 199727 3350820 3157512 5196309 5035905 1871858 1961360 9530191 11673537 456733 449625 9073458 11223912 X THE FRIENDS OF THE NC STATE MUSEUM OF NATURAL SCIENCES SUPPORTS THE MUSEUM IN ITS MISSION TO ILLUMINATE THE NATURAL WORLD AND INSPIRE ITS CONSERVATION. 0 0 683454 1570867 MUSEUM STORES: FRIENDS OF THE MUSEUM OPERATES TWO PERMANENT STORES AND ONE TEMPORARY FEATURED EXHIBITION STORE TO ENHANCE AND EXTEND THE MUSEUM VISITORS' EXPERIENCE. MERCHANDISE INCLUDES EDUCATIONAL SCIENCE ITEMS, MUSEUM SOUVENIRS, AND SCIENCE-THEMED ART AND JEWELRY. A PORTION OF PROCEEDS DIRECTLY SUPPORTS MUSEUM PROGRAMS AND EXHIBITS. 393921 828853 EDUCATIONAL MOVIES AND EVENTS: FRIENDS OF THE MUSEUM OPERATES EDUCATIONAL MOVIES AND EVENTS ON BEHALF OF THE MUSEUM. THESE EVENTS AND MOVIES ENHANCE THE MUSEUM'S PERMANENT EXHIBITS WITH A CHANGING ARRAY OF NEW AND COMPELLING SCIENCE TOPICS, BRING IN NEW AND REPEAT VISITATION, ENGAGE DIVERSE GROUPS OF VISITORS AND FURTHER THE MUSEUM'S MISSION TO ILLUMINATE THE NATURAL WORLD AND INSPIRE ITS CONSERVATION. 195216 381062 FACILITY USE: FRIENDS OF THE MUSEUM SUPPORTS THE MUSEUM AND PROVIDES EDUCATIONAL CONTENT BY OFFERING USE OF THE MUSEUM FOR PRIVATE EVENTS. GUESTS OF THE EVENT ENJOY MUSEUM EXHIBITS AND HAVE THE OPPORTUNITY FOR EXPANDED PROGRAMMING DURING THEIR EVENT. 2173226 2173226 3445817 1 1 0 1 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 1 75 0 1 107 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X ANGELA BAKER-JAMES 9197079962 11 WEST JONES STREET RALEIGH NC 276011029 ANDREA NIXON CHAIR 3.00 0.00 X X 0 0 0 ANDREA OAKLEY FOX VICE CHAIR 2.00 0.00 X X 0 0 0 TONI LOCKETT TREASURER 2.00 0.00 X X 0 0 0 JOHN RUMSEY SECRETARY 2.00 0.00 X X 0 0 0 DREW AMMONS BOARD MEMBER 1.00 0.00 X 0 0 0 JASON BARRON IMMEDIATE PAST CHAIR 2.00 0.00 X 0 0 0 AGNIESZKA BARTOSIAK BOARD MEMBER 1.00 0.00 X 0 0 0 GRANT BROOKS BOARD MEMBER 1.00 0.00 X 0 0 0 LORI BUSH BOARD MEMBER 1.00 0.00 X 0 0 0 SLOAN CARPENTER CHAIR, MARKETING COMMITTEE 2.00 0.00 X 0 0 0 TARA CHO CHAIR, NOMINATING & GOVERN 2.00 0.00 X 0 0 0 DEBORAH Y CLARKE BOARD MEMBER 1.00 0.00 X 0 0 0 CHAD ECKHARDT BOARD MEMBER 1.00 0.00 X 0 0 0 DAVID EMSWILER BOARD MEMBER 1.00 0.00 X 0 0 0 STORMIE FORTE BOARD MEMBER 1.00 0.00 X 0 0 0 AMY FULK BOARD MEMBER 1.00 0.00 X 0 0 0 SATISH GARIMELLA BOARD MEMBER 1.00 0.00 X 0 0 0 JOHN HARDIN CHAIR, LEGISLATIVE COMMITT 2.00 0.00 X 0 0 0 CAROLE KAMIN BOARD MEMBER 1.00 0.00 X 0 0 0 LOU MUGLIA CO-CHAIR, DEVELOPMENT COMMITTEE 1.00 0.00 X 0 0 0 AMY PICKLE CHAIR, ETHICS COMMITTEE 1.00 0.00 X 0 0 0 TOMMY SEVIER BOARD MEMBER 1.00 0.00 X 0 0 0 ALKESH SHAH BOARD MEMBER 1.00 0.00 X 0 0 0 ASHTON SMITH BOARD MEMBER 1.00 0.00 X 0 0 0 DAN STRICKFORD BOARD MEMBER 1.00 0.00 X 0 0 0 MISSIE THOMPSON BOARD MEMBER 1.00 0.00 X 0 0 0 ANNA TOWNSEND BOARD MEMBER 2.00 0.00 X 0 0 0 DENISE YOUNG MUSEUM DIRECTOR 2.00 40.00 X X 0 0 0 ERIC DORFMAN MUSEUM DIRECTOR 2.00 40.00 X X 41303 221607 28541 ANGELA BAKER-JAMES EXECUTIVE DIRECTOR 40.00 0.00 X 85462 0 12865 VICTORIA WHEELER DIRECTOR OF FINANCE 40.00 0.00 X 81750 0 3223 ANGELA WILLIAMS DIRECTOR OF FINANCE 40.00 0.00 X 0 0 0 208515 221607 44629 0 0 1 0 0 387774 1332577 2874261 63427 4594612 ADMISSIONS 713990 828853 828853 FACILITY USE 713990 381062 381062 1209915 113363 113363 535970 578873 -42903 -42903 -42903 1570867 683454 887413 887413 MISCELLANEOUS INCOME 900099 234865 234865 234865 6997265 2332193 0 70460 200671 148379 52292 1409029 927769 411639 69621 13820 7587 4508 1725 140330 74732 55609 9989 114543 67738 38028 8777 23948 23948 26771 26771 85827 85827 18738 18738 802279 704860 97419 249791 234583 14483 725 291258 250079 25941 15238 43068 7450 34291 1327 77706 77706 24044 21911 1908 225 230651 225039 5612 141990 141990 33013 33013 40681 40681 EXHIBITOR/PROGRAM FEES 564918 561903 2844 171 MISCELLANEOUS 220083 99084 120371 628 MATERIALS & SUPPLIES 118725 53869 64856 0 MEALS & ENTERTAINMENT 82958 76242 5407 1309 81063 31317 12046 37700 5035905 3445817 1390361 199727 575 669 6973827 5381319 1809407 1453716 220994 320553 127638 149623 4632 3413 802724 452332 378840 350392 0 3999574 14278 14278 9530191 11673537 396595 408693 60138 40932 456733 449625 X 2288368 3343830 6785090 7880082 9073458 11223912 9530191 11673537 1961360 189094 0 X X 0 1 X 1 0 X 4460139 2721734 3551145 5622456 4594612 20950086 51120 23000 23000 23000 120120 4511259 2721734 3574145 5645456 4617612 21070206 750022 20320184 22904 33063 3996 1565 113363 174891 94622 227210 156641 168528 234865 881866 22126963 8088080 0.91830 0.89450 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 0 0 0 0 1 13631 0 1 73010 86641 0 PART II-B, LINE 1: LINE 1A: BOARD VOLUNTEERS ON THE LEGISLATIVE COMMITTEE LOBBY FOR LEGISLATION TO BENEFIT THE ORGANIZATION WITH STATE REPRESENTATIVES, SENATORS AND STAFF. LINE 1G: STATE LEGISLATORS WERE INVITED TO A RECEPTION AT THE MUSEUM TO LEARN MORE ABOUT THE WORK OF THE ORGANIZATION TO SUPPORT THE NC MUSEUM OF NATURAL SCIENCES. LINE 1I: PAYMENTS MADE TO OUTSIDE CONSULTANTS TO PROVIDE LOBBYING SERVICES TO THE NC LEGISLATURE FOR ADVANCEMENT OF THE FRIENDS OF THE NCSMNS AGENDA. X X X 0 51600 115 1036 52751 51591 9 51600 51194 397 51591 50194 1000 51194 50194 50194 1.00000 0 0 802724 452332 350392 350392 X 7916949 189094 65874 683454 938422 6978527 18738 18738 6997265 5766495 65874 683454 749328 5017167 18738 18738 5035905 PART III, LINE 1A: THE ORGANIZATION ENTERED INTO AN ASSET PURCHASE AGREEMENT WITH AN EFFECTIVE DATE OF APRIL 17, 2020 FOR THE DUELING DINOSAURS SPECIMEN (THE "SPECIMEN") FOR $6,000,000 WHICH REQUIRED AN INITIAL PAYMENT OF $2,000,000 UPON EXECUTION OF THE AGREEMENT AND $2,000,000 ON THE FIRST AND SECOND ANNIVERSARY OF THE EFFECTIVE DATE. THE ORGANIZATION HAS AGREED TO LOAN THE SPECIMEN TO THE MUSEUM PURSUANT TO THE TERMS OF A LOAN AGREEMENT UNTIL THE OBLIGATIONS OF THE ORGANIZATION ARE SATISFIED AND THE ORGANIZATION INTENDS TO DONATE THE SPECIMEN TO THE MUSEUM WHEN THE ORGANIZATION OBTAINS TITLE TO THE SPECIMEN. AMOUNTS OWED BY THE ORGANIZATION RELATED TO THE ASSET PURCHASE AGREEMENT TOTALED $0 AND $2,000,000 AS OF JUNE 30, 2022 AND 2021, RESPECTIVELY. PART III, LINE 4: THE ORGANIZATION OCCASIONALLY ACQUIRES COLLECTIONS TO FURTHER THE MUSEUM'S MISSION TO ILLUMINATE THE NATURAL WORLD AND INSPIRE ITS CONSERVATION. COLLECTIONS ACQUIRED BY THE ORGANIZATION ARE ULTIMATELY DONATED TO THE NORTH CAROLINA MUSEUM OF NATURAL SCIENCES. CURRENTLY A SPECIALIZED LABORATORY IS UNDER CONSTRUCTION AND ONCE COMPLETED, THE CURRENT COLLECTION OF A FOSSILIZED TYRANNOSAUR AND TRICERATOPS WILL BE TRANSFERRED AT NO COST TO THE MUSEUM, WHERE RESEARCH ON THE SPECIMEN BY MUSEUM SCIENTISTS WILL BE CONDUCTED IN FULL PUBLIC DISPLAY. PART V, LINE 4: INTENDED USES OF ENDOWMENT FUNDS: INTEREST DERIVED FROM THE FUND WILL BE USED TO SUPPORT CARE, DISPLAY AND ACQUISISTIONS FOR THE METEORITE COLLECTION. . PART X, LINE 2: UNCERTAIN TAX POSITIONS UNDER FIN 48(ASC 740): THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS GENERALLY EXEMPT FROM STATE INCOME TAXES UNDER THE PROVISIONS OF THE NORTH CAROLINA NONPROFIT CORPORATION ACT. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: MUSEUM STORE COST OF GOODS SOLD 683,454. PART XII, LINE 2D - OTHER ADJUSTMENTS: MUSEUM STORE COSTS OF GOODS SOLD 683,454. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES EDUCATORS TRIP TO STUDY TROPICAL ECOLOGY AND TO LEARN HOW TO INCORPORATE THE SUBJECTS STUDIED INTO CLASSROOM ACTIVITIES. 38047 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES RESEARCH FIELDWORK 1118 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICES RESEARCH FIELDWORK 2925 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM SERVICES RESEARCH FIELDWORK 592 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 GENERAL & MANAGEMENT DIRECTOR'S EXPENSE 321 0 0 0 0 0 0 43003 0 43003 0 0 0 0 0 0 PART I, LINE 3: EXPENDITURES WERE ACCOUNTED FOR USING THE ACCRUAL ACCOUNTING METHOD WITH FOREIGN EXPENSES TRACKED WITHIN A SPECFICALLY DESIGNATED ACCOUNT FOR SUCH EXPENSES. PART III ACCOUNTING METHOD: X X X 0 0 0 0 0 0 0 0 0 ERIC DORFMAN MUSEUM DIRECTOR 41303 221607 0 0 0 0 0 13296 0 15245 41303 250148 0 0 X 3 12195 FAIR MARKET VALUE X 1 50000 FAIR MARKET VALUE X FIELD WORK SUPPLIES 1 1232 FAIR MARKET VALUE 0 1 0 PART I, COLUMN (B): THE AMOUNT REPORTED IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS WHO DONATED NON-CASH CONTRIBUTIONS. FORM 990, PART III, LINE 4D, OTHER PROGRAM SERVICES: CONTRIBUTION TO THE MUSEUM: FRIENDS OF THE MUSEUM SUBMITS 7% OF THE QUARTERLY (ADJUSTED) GROSS SALES FROM THE MUSEUM STORE TO THE MUSEUM FOR USE BY THE MUSEUM. FUNDS ARE ADMINISTERED BY THE MUSEUM DIRECTOR TO MEET NEEDS WITHIN THE MUSEUM NOT COVERED UNDER THE MUSEUM'S OPERATIONAL BUDGET. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS: THE DRAFT 990 IS REVIEWED BY THE FINANCE AND AUDIT COMMITTEE AND THEN REFERRED TO THE BOARD OF DIRECTORS FOR FINAL APPROVAL AND FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY: THE ORGANIZATION REQUIRES BOARD MEMBERS TO SIGN A WRITTEN STATEMENT ANNUALLY AS TO WHETHER OR NOT ANY KNOWN CONFLICTS OF INTEREST ARISE. CONFLICTS WHICH ARISE DURING THE YEAR ARE MADE KNOWN AT BOARD AND/OR EXECUTIVE COMMITTEE MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 MAKING DOCUMENTS AVAILABLE TO THE PUBLIC: THE ORGANIZATION MAKES THESE DOCUMENTS AVAILABLE UPON REQUEST AND ON GUIDESTAR. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT OR SELECTION PROCESSES DURING THE TAX YEAR AS RELATED TO THE COMMITTEE THAT OVERSEES THE AUDIT OF ITS FINANCIAL STATEMENTS. 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 NC STATE MUSEUM OF NATURAL SCIENCES B 37342 FAIR MARKET VALUE NC STATE MUSEUM OF NATURAL SCIENCES I 116341 FAIR MARKET VALUE NC STATE MUSEUM OF NATURAL SCIENCES N 23000 FAIR MARKET VALUE