2024-11-13T13:21:59-06:00 2023-12-31 201317788 BOWERS & COMPANY CPAS PLLC 1120 COMMERCE PARK DRIVE EAST WATERTOWN NY 13601 990 2023-01-01 222319606 THE ANTIQUE BOAT MUSEUM ANTI 3156864104 750 MARY STREET CLAYTON NY 13624 STEPHANIE ENGHUSEN CONTROLLER 3156864104 2024-05-10 1 0 ELIZABETH BUSH P01264627 3157887690 2024-11-12 2023 2024-10-15 13:58:12Z STEPHANIE ENGHUSEN 750 MARY STREET CLAYTON NY 13624 3606892 0 X WWW.ABM.ORG X 1980 NY TO COLLECT, PRESERVE, INTERPRET AND CELEBRATE BOATS AND RELATED ARTIFACTS TO ADVANCE PUBLIC UNDERSTANDING OF THE IMPORTANCE OF BOATING TO THE CULTURAL HISTORY OF NORTH AMERICA AND THE ST. LAWRENCE RIVER IN PARTICULAR. 19 19 35 110 0 0 1288921 1215776 496167 462081 185066 365374 155313 135386 2125467 2178617 38115 22765 0 0 1233694 1091439 0 0 23877 1169925 1228991 2441734 2343195 -316267 -164578 20926948 21671324 1461195 1405515 19465753 20265809 X TO COLLECT, PRESERVE, INTERPRET AND CELEBRATE BOATS AND RELATED ARTIFACTS TO ADVANCE PUBLIC UNDERSTANDING OF THE IMPORTANCE OF BOATING TO THE CULTURAL HISTORY OF NORTH AMERICA AND THE ST. LAWRENCE RIVER IN PARTICULAR. 0 0 1771147 22765 739032 THE MISSION OF THE ANTIQUE BOAT MUSEUM IS STATED IN ITEM 1 OF PART III ABOVE. THE ANTIQUE BOAT MUSEUM WAS FOUNDED MORE THAN 50 YEARS AGO AND CURRENTLY OCCUPIES A 4.5 ACRE WATERFRONT CAMPUS IN CLAYTON, NEW YORK. ITS FACILITIES INCLUDE TEN BUILDINGS PROVIDING A TOTAL OF 29,000 SQUARE FEET OF EXHIBITION SPACE AND 33,000 SQUARE FEET OF PUBLIC PROGRAMMING, COLLECTION, STORAGE, ARCHIVES, LIBRARY AND ADMINISTRATIVE SPACE. IN ADDITION, THE ANTIQUE BOAT MUSEUM HAS TWO ADDITIONAL OFF-SITE STORAGE LOCATIONS, WITH A 20,000 SQUARE FOOT BOAT STORAGE FACILITY LOCATED ON EAST LINE ROAD IN CLAYTON AND A COMPLEX OF 13,000 SQUARE FEET AT BARTLETT POINT, BOTH OF WHICH ARE A SHORT DISTANCE FROM THE MAIN CAMPUS. THE ANTIQUE BOAT MUSEUM CURRENTLY HAS THE LARGEST COLLECTION OF FRESH WATER BOATS IN NORTH AMERICA AND ATTRACTS APPROXIMATELY 30,000 VISITORS EACH YEAR. THROUGH PUBLIC PROGRAMS, THE VAST COLLECTION, EXHIBITS, EVENTS AND THE ANTIQUE BOAT MUSEUM'S EDUCATIONAL PROGRAMMING AND OUTREACH, IT PROVIDES A CONNECTION NOT ONLY WITHIN THE COMMUNITY, BUT BETWEEN THE COMMUNITY AND VISITORS TO THE REGION. THIS PROVIDES A FOUNDATION FOR UNDERSTANDING AND APPRECIATING THE RICH HISTORY OF BOATING AND BOATING'S PLACE IN THE DEVELOPMENT OF THE REGION AND THE COUNTRY WHETHER FOR COMMERCIAL, PUBLIC OR PERSONAL PURPOSES. THIS HISTORY INCLUDES THE STORIES AND CULTURES OF THE PEOPLE WHO DESIGNED, BUILT, OWNED, SAILED AND MAINTAINED THESE VESSELS FROM THE EARLIEST TIMES TO THE PRESENT DAY. THE THREE LARGEST PROGRAM SERVICES IN TERMS OF EXPENSE ARE COLLECTIONS AND EXHIBITS $672,956; MAINTENANCE AND OPERATIONS $398,682; AND EVENTS AND SPECIAL PROJECTS $216,987. 1771147 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 24 0 1 35 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 19 19 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X STEPHANIE ENGHUSEN 3156864104 750 MARY STREET CLAYTON NY 13624 KATHLEEN CROSS STOUT IMMEDIATE PAST CHAIR 2.00 X 0 0 0 CHARLES S CROW III CHAIR 2.00 X X 0 0 0 ANDREW MCNALLY V VICE CHAIR 2.00 X X 0 0 0 WILLIAM COSGROVE JR TREASURER 2.00 X X 0 0 0 HAROLD JOHNSON II TRUSTEE 2.00 X 0 0 0 ROBERT EASTON TRUSTEE 2.00 X 0 0 0 DONALD BABCOCK TRUSTEE 2.00 X 0 0 0 ADDISON VARS III TRUSTEE 2.00 X 0 0 0 ERIC MOWER TRUSTEE 2.00 X 0 0 0 DAN FRENCH TRUSTEE 2.00 X 0 0 0 WILLIAM BONISTEEL TRUSTEE 2.00 X 0 0 0 GEORGE MESIRES TRUSTEE 2.00 X 0 0 0 JOSEPH PAL TRUSTEE 2.00 X 0 0 0 PAUL REGAN JR TRUSTEE 2.00 X 0 0 0 PAUL REGAN III TRUSTEE 2.00 X 0 0 0 LISA WEBER TRUSTEE 2.00 X 0 0 0 LAURA RAWSON BUTRICO SECRETARY 2.00 X X 0 0 0 BRADFORD SCHWALM TRUSTEE 2.00 X 0 0 0 ANTHONY MOLLICA TRUSTEE 2.00 X 0 0 0 REBECCA HOPFINGER EXECUTIVE DIRECTOR 35.00 X 128498 0 18465 STEPHANIE ENGHUSEN CONTROLLER 35.00 X 85393 0 8539 213891 0 27004 1 0 0 0 JAMES MURDOCK 201 TERRYVILLE RD BRISTOL CT 06010 BOAT RESTORATION 167364 1 686619 529157 1215776 ADMISSIONS 713990 278497 278497 EVENTS & SPECIAL PROJECTS 713990 183584 183584 462081 223809 223809 124402 42435 81967 81967 81967 1441075 1299510 141565 141565 141565 135915 86330 49585 49585 MISCELLANEOUS 561000 3834 3834 3834 2178617 739032 0 223809 2470 2470 20295 20295 1091439 674234 393328 23877 17500 17500 29531 26018 3513 45321 45321 69001 42613 26388 71811 71811 14308 6466 7842 2115 2115 44060 44060 349726 348419 1307 90049 90049 REPAIRS AND MAINTENANCE 309015 306707 2308 OTHER 86472 51824 34648 POSTAGE AND PRINTING 29045 26614 2431 SPECIAL EVENTS 26736 26736 44301 29455 14846 2343195 1771147 548171 23877 353984 382840 837482 327890 244539 96359 18469 231742 64435 45797 8159 21920 15150673 8166202 7212958 6984471 11964491 13351177 222431 229128 20926948 21671324 75039 67872 70507 65669 1315649 1271974 1461195 1405515 X 7706020 7870133 11759733 12395676 19465753 20265809 20926948 21671324 -164578 964634 0 X X 0 1 X 1 0 X 837206 1086433 1548954 1288921 1215776 5977290 837206 1086433 1548954 1288921 1215776 5977290 5977290 195505 136579 151470 265674 348211 1097439 24523 29842 92635 5864 3834 156698 7231427 2832607 0.82660 0.83780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 9806023 3470 1045174 423494 10431173 10569126 110340 -363177 510266 9806023 6974827 2867717 1048059 321477 10569126 6628596 300000 359759 313528 6974827 5920950 731 990214 283299 6628596 0.01970 0.04880 0.93150 0 0 1490027 1490027 11205682 6557419 4648263 949737 729693 220044 1505227 879090 626137 6984471 X 3272016 964634 964634 2307382 -128765 -128765 2178617 2471960 0 2471960 -128765 -128765 2343195 PART III, LINE 1A: THE COLLECTIONS ARE THE PROPERTY OF THE ABM AND ARE NOT RECOGNIZED AS ASSETS IN THE FINANCIAL STATEMENTS, IN COMPLIANCE WITH STANDARD MUSEUM PRACTICE. THEY ARE HELD UNDER THE CARE OF THE CURATORIAL STAFF FOR RESEARCH, EDUCATION AND PUBLIC EXHIBITION PURPOSES AND IN FURTHERANCE OF THE ABM'S MISSION. PROCEEDS FROM DE-ACQUISITIONS OR INSURANCE RECOVERIES, WHICH ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES, ARE USED SOLELY FOR THE CARE AND GROWTH OF THE COLLECTION. PART X, LINE 2: THE ANTIQUE BOAT MUSEUM (ABM)'S FORMS 990 FOR THE YEARS ENDED 2022, 2021 AND 2020 ARE SUBJECT TO EXAMINATION BY THE IRS FOR 3 YEARS AFTER THEY ARE FILED. BASED ON ITS ANALYSIS, ABM DETERMINED THAT THERE WERE NO UNCERTAIN TAX POSITIONS AND THAT ABM SHOULD PREVAIL UPON EXAMINATION BY THE TAXING AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED WITH RENTAL INCOME ON RETURN -42,435. COST OF GOODS SOLD NETTED WITH INVENTORY SALES ON RETURN -86,330. PART XII, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED WITH RENTAL INCOME ON RETURN -42,435. COST OF GOODS SOLD NETTED WITH INVENTORY SALES ON RETURN -86,330. 1 0 0 0 0 0 0 0 0 0 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES TO SUPPORT MUSEUM PROJECTS AS SIMILAR MISSION AND GOALS AS ABM. 20295 BANK TRANSFER 0 0 0 0 0 0 0 PART I, LINE 2: GRANTS ARE MONITORED THROUGH DIRECT CONTACT AND COMMUNICATION WITH FOREIGN ORGANIZATION. PART I, LINE 3: EXPENSES ARE REPORTED ON THE ACCRUAL BASIS OF ACCOUNTING. PART III, COL (C): ONLY ONE FOREIGN GRANT RECIPIENT. SCHEDULE F GRANT IS MADE TO THOUSAND ISLANDS BOAT MUSEUM IN GANANOQUE, ONTARIO, CANADA FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS ROBERT EASTON, PAUL REGAN JR AND PAUL REGAN III ARE RELATED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY APPROPRIATE MANAGEMENT AND BOARD TRUSTEES PRIOR TO FILING. 990 IS MADE AVAILABLE TO TRUSTEES ON A SECURE WEBSITE AND THEY ARE NOTIFIED ANNUALLY WHEN IT BECOMES AVAILABLE FOR THEIR INSPECTION AND DOWNLOAD. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD ANNUALLY HAS ITS MEMBERS REVIEW AND ACKNOWLEDGE THE CONFLICT OF INTEREST POLICY. WHERE CONFLICTS MAY EXIST MULTIPLE BIDS FOR WORK ARE OBTAINED SO AS TO BE CERTAIN GOODS AND SERVCIES ARE BEING OBTAINED UNDER TERMS AND AT A PRICE AT LEAST AS GOOD AS AVAILABLE FROM A THIRD PARTY IN AN ARM'S LENGTH TRANSACATION. FORM 990, PART VI, SECTION B, LINE 15 THE HUMAN RESOURCES COMMITTEE REVEIWS AND RECOMMENDS THE COMPENSATION LEVELS OF SENIOR MANAGEMENT ANNUALLY. STAFF COMPENSATION IS SET BY THE HUMAN RESOURCES COMMITTEE IN CONSULTATION WITH SENIOR MANAGEMENT. THE BUDGET AND FINANCE COMMITTEES EXERCISE FINAL REVEIW OF ALL COMPENSATION AS PART OF THE BUDGETING PROCESS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST F THE ORGANIZATIONS FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND PREPARATION OF FORM 990. FORM 990 IS MADE AVAILABLE TO ALL TRUSTEES VIA A SECURED WEBSITE PRIOR TO BEING FILED. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.