2024-08-19T17:10:04-05:00 2023-12-31 390912608 HAWKINS ASH CPAS LLP ONE EAST WALDO BOULEVARD SUITE 5 MANITOWOC WI 542202912 990 2023-01-01 237054730 DOOR COUNTY MARITIME MUSEUM & LIGHTHOUSE PRESERVATION SOCIETY INC DOOR 9207435958 120 N MADISON AVENUE STURGEON BAY WI 54235 TERRY CONNELLY PRESIDENT 9208392343 2024-08-07 1 0 JEFFREY DVORACHEK P00964591 9206847128 2024-08-07 2023 2024-08-08 14:25:15Z TERRY CONNELLY 120 N MADISON AVENUE STURGEON BAY WI 54235 3263546 0 X WWW.DCMM.ORG X 1970 WI PRESERVE GREAT LAKES MARITIME HISTORY THROUGH INTERPRETIVE AND EDUCATIONAL OPPORTUNITIES. 17 17 36 134 6000 0 2037847 1686726 874186 1038009 16438 29870 197920 172499 3126391 2927104 0 0 0 0 736610 847377 0 0 226413 1133896 1136145 1870506 1983522 1255885 943582 12201176 13072156 658537 493931 11542639 12578225 PRESERVE GREAT LAKES MARITIME HISTORY, PRIMARILY FOCUSING ON DOOR COUNTY, WISCONSIN AND PROVIDE INTERPRETIVE AND EDUCATIONAL OPPORTUNITIES FOR CURRENT AND FUTURE GENERATIONS. 0 0 1405694 1218840 PROVIDED DOOR COUNTY WISCONSIN RESIDENTS AND TOURISTS WITH THREE MUSEUMS DEVOTED TO THE HISTORICAL PRESERVATION OF MARITIME HISTORY OF THE GREAT LAKES AND CONTINUE TO EDUCATE THE PUBLIC THROUGH VARIOUS PROGRAMS, SPECIAL EVENTS AND OTHER EDUCATIONAL OPPORTUNITIES. 1405694 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 12 1 1 36 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 WI X X MELISSA SCOON FINANCIAL SYSTEMS MANAGER 9207435958 120 N MADISON AVE STURGEON BAY WI 54235 MIKE WICKMAN DIRECTOR 1.00 X 0 0 0 MARK WEBORG DIRECTOR 1.00 X 0 0 0 JIM SPRINGER DIRECTOR 1.00 X 0 0 0 JULIE SARTER THRU AUG 2023 DIRECTOR 1.00 X 0 0 0 BOB PURVES DIRECTOR 1.00 X 0 0 0 PETE HORTON DIRECTOR 1.00 X 0 0 0 CHARLES HENRIKSEN DIRECTOR 1.00 X 0 0 0 THOMAS CAP WULF DIRECTOR 1.00 X 0 0 0 MIKE GILSON DIRECTOR 1.00 X 0 0 0 JOHN BAUMGARTNER DIRECTOR 1.00 X 0 0 0 CHERYL ARNOTT DIRECTOR 1.00 X 0 0 0 BOB DENOTO SECRETARY 1.00 X X 0 0 0 ALISON WALKER TREASURER 1.00 X X 0 0 0 GARY KING 2ND VICE PRESIDENT 10.00 X X 0 0 0 JOHN ASHER VICE PRESIDENT 10.00 X X 0 0 0 TERRY CONNELLY PRESIDENT 10.00 X X 0 0 0 NATHAN DINEEN DIRECTOR 1.00 X 0 0 0 DAVID SCHANOCK DIRECTOR 1.00 X 0 0 0 RICHARD OSGOOD EXECUTIVE DIRECTOR 40.00 X 110000 0 1200 110000 0 1200 1 0 0 0 0 51839 73416 262396 1299075 72914 1686726 ENTRANCE FEES 561520 960888 960888 TOUR FEES 561520 28270 28270 ADMISSIONS 900002 22465 22465 PURVES FEES 561520 14881 14881 CANA TRACTOR TIPS 561520 11505 11505 1038009 27802 27802 2068 0 2068 2068 2068 61449 73416 75781 -14332 -14332 441492 260661 180831 180831 BEACON ADVERTISING 541800 6000 6000 6000 2927104 1218840 6000 15538 X 110000 22000 82500 5500 632834 452018 58500 122316 48913 31213 9284 8416 55630 35499 10559 9572 18330 18330 317780 293821 23959 95337 60837 18096 16404 66872 45442 11240 10190 188726 132887 29289 26550 2620 1672 497 451 14199 9071 2695 2433 24158 24158 304066 277289 14045 12732 57611 36763 10935 9913 BANK FEES 35192 35192 MISCELLANEOUS 11254 7182 2136 1936 1983522 1405694 351415 226413 178508 15566 412480 476712 69306 850083 5347 70 177292 157812 29569 19761 12453745 1742915 10574051 10710830 754623 841322 12201176 13072156 315017 66266 343520 427665 658537 493931 X 4089004 10504037 7453635 2074188 11542639 12578225 12201176 13072156 943582 92004 0 X X 0 1 X 1 0 X 1469506 1348287 2535187 550243 1686726 7589949 1469506 1348287 2535187 550243 1686726 7589949 2512082 5077867 24216 32789 21854 19689 27802 126350 45267 19608 74587 4496 6000 149958 1924 717 3079 29 5749 7872006 2876497 0.64510 0.67650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 754623 2855 116103 27910 3959 841712 907671 16941 -130695 35311 3983 754623 847519 4875 89310 29597 4436 907671 804923 2664 73372 29592 3848 847519 708574 3510 127371 30645 3887 804923 1.00000 0 0 756000 756000 11436726 1557100 9879626 100555 96152 4403 35732 17781 17951 124732 71882 52850 10710830 LINE OF CREDIT 275106 LEASE OBLIGATION 2559 LONG TERM DEBT 150000 427665 X 3363196 92004 10500 337547 440051 2923145 3959 3959 2927104 2327610 10500 337547 348047 1979563 3959 3959 1983522 PART III, LINE 1A: COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. THE COLLECTIONS ARE COMPRISED OF ARTIFACTS OF HISTORICAL SIGNIFICANCE AND ART OBJECTS THAT ARE HELD FOR EDUCATIONAL, RESEARCH, AND CURATORIAL PURPOSES. THE COLLECTION ITEMS ARE MAINLY MARITIME RELATED. EACH OF THE ITEMS IS CATALOGED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE COLLECTIONS ARE SUBJECT TO A POLICY THAT REQUIRES PROCEEDS FROM THEIR SALE TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IF PURCHASED WITH UNRESTRICTED NET ASSETS AND AS DECREASES IN TEMPORARILY RESTRICTED NET ASSETS IF PURCHASED WITH DONOR-RESTRICTED ASSETS. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED ON THE STATMENT OF ACTIVITIES BASED ON THE ABSENCE OR EXISTENCE AND NATURE OF DONOR-IMPOSED RESTRICTIONS. PART X, LINE 2: U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2023 AND 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS, HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY TAX PERIOD. THE ORGANIZATION WILL RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF INCURRED. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - GIFT SHOP 260,661. SPECIAL EVENT EXPENSES 75,781. COST OF GOODS SOLD - ADMISSIONS 1,105. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - GIFT SHOP 260,661. SPECIAL EVENT EXPENSES 75,781. COST OF GOODS SOLD - ADMISSIONS 1,105. PART III, LINE 4: COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. THE COLLECTIONS ARE COMPRISED OF ARTIFACTS OF HISTORICAL SIGNIFICANCE AND ART OBJECTS THAT ARE HELD FOR EDUCATIONAL, RESEARCH, AND CURATORIAL PURPOSES. THE COLLECTION ITEMS ARE MAINLY MARITIME RELATED. EACH OF THE ITEMS IS CATALOGED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTIANCE AND ASSESSING THEIR CONDITION ARE PERFORMED PROCEEDS FROM THEIR SALE TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IF PURCHASED WITH UNRESTRICTED NET ASSETS AND AS DECREASES IN TEMPORARILY RESTRICTED NET ASSETS IF PURCHASED IWTH DONOR-RESTRICTED ASSETS. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED ON THE STATEMENT OF ACTIVITIES BASED ON THE ABSENCE OR EXISTENCE AND NATURE OR DONOR-IMPOSED RESTRICTIONS. LIGHTHOUSE FESTIVAL 57371 598 56773 46309 CLASSIC WOODEN BOAT SHOW 28896 24220 4676 11642 2 48598 48598 17830 134865 73416 61449 75781 75781 -14332 X PROPERTY AND EQUIPMENT 1 70000 FMV X OTHER 2 2914 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FINANCE COMMITTEE WILL REVIEW AND MAKE RECOMMENDATIONS TO THE BOARD OF DIRECTORS WHEN THE AUDIT IS COMPLETE FORM 990, PART VI, SECTION B, LINE 12C DISCLOSURE IS CRUCIAL TO AVOID CONFLICTS OF INTEREST. STAFF MEMBERS ARE EXPECTED TO DISCUSS WITH THEIR SUPERVISORS AND ANY ACTIVITIES THAT COULD BE CONSTRUCTED AS A CONFLICT OF INTEREST, AS SHOULD VOLUNTEERS. BOARD MEMBERS SHOULD DISCUSS ANY CONFLICTS OF INTEREST WITH THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION, UPON REQUEST, WILL MAKE PUBLIC DOCUMENTS AVAILABLE AT THE STURGEON BAY ADMINISTRATIVE OFFICE. FORM 990, PART IX, LINE 11G ADMINISTRATIVE FEES: PROGRAM SERVICE EXPENSES 276,468. MANAGEMENT AND GENERAL EXPENSES 20,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 296,468. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 17,353. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,353. INVESTMENT FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,959. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,959. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.