2025-05-09T15:45:43-05:00 2024-06-30 561750124 BATCHELOR TILLERY & ROBERTS LLP 3605 GLENWOOD AVENUE SUITE 350 RALEIGH NC 27612 990 2023-07-01 561240806 FRIENDS OF THE NC STATE MUSEUM OF NATURAL SCIENCES FRIE 9197079962 PO BOX 26928 RALEIGH NC 276116928 DENISE YOUNG EXECUTIVE DIRECTOR & CEO 9197079962 2025-05-09 1 0 JARED L PILAND P01326291 9197878212 2023 2025-03-06 01:10:19Z DENISE YOUNG PO BOX 26928 RALEIGH NC 276116928 10270614 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. 21 20 106 29 0 0 4594612 3781039 1209915 1119305 70460 422129 1122278 1389688 6997265 6712161 0 0 0 0 1878393 2159058 0 0 299453 3157512 3710985 5035905 5870043 1961360 842118 11673537 13061809 449625 723604 11223912 12338205 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 538923 1420447 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. 527767 696396 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. 261546 422909 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. 2911645 2911645 4239881 1 1 0 1 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 72 0 1 106 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 21 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X DENISE YOUNG 9197079962 11 WEST JONES STREET RALEIGH NC 276011029 ANDREA NIXON CHAIR 3.00 X X 0 0 0 ANDREA OAKLEY FOX VICE CHAIR 2.00 X X 0 0 0 JOHN RUMSEY SECRETARY 2.00 X X 0 0 0 DREW AMMONS BOARD MEMBER 1.00 X 0 0 0 LORI BUSH BOARD MEMBER 1.00 X 0 0 0 SLOAN CARPENTER CHAIR, MARKETING COMMITTEE 2.00 X 0 0 0 TARA CHO CHAIR, NOMINATING & GOVERN 2.00 X 0 0 0 CHAD ECKHARDT BOARD MEMBER 1.00 X 0 0 0 DAVID EMSWILER BOARD MEMBER 1.00 X 0 0 0 AMY FULK CHAIR, LEGISLATIVE COMMITT 2.00 X 0 0 0 LOU MUGLIA CO-CHAIR, DEVELOPMENT COMM 1.00 X 0 0 0 TOMMY SEVIER BOARD MEMBER 1.00 X 0 0 0 MISSIE THOMPSON BOARD MEMBER 1.00 X 0 0 0 ANNA TOWNSEND TREASURER 2.00 X X 0 0 0 EMILY DAHL MCLOUGHLIN BOARD MEMBER 1.00 X 0 0 0 CASSANDRA STROUD CONOVER BOARD MEMBER 1.00 X 0 0 0 MICHAEL RAPACZ BOARD MEMBER 1.00 X 0 0 0 SCOTT QUESENBERRY BOARD MEMBER 1.00 X 0 0 0 WILL MORGAN BOARD MEMBER 1.00 X 0 0 0 WILL POLK BOARD MEMBER 1.00 X 0 0 0 ANGELA BAKER-JAMES EXECUTIVE DIRECTOR 40.00 X 91643 0 14753 VICTORIA WHEELER DIRECTOR OF FINANCE 40.00 X 16777 0 651 ANGELA WILLIAMS DIRECTOR OF FINANCE 40.00 X 71724 0 5671 SUSAN DIAZ CHIEF DEVELOPMENT OFFICER 40.00 X 118570 0 13793 298714 0 34868 1 0 1 0 0 361206 937006 2482827 3236 3781039 ADMISSIONS 713990 696396 696396 FACILITY USE 713990 422909 422909 1119305 463878 463878 2977781 3019530 -41749 -41749 -41749 1420447 538923 881524 881524 MISCELLANEOUS INCOME 900099 508164 508164 508164 6712161 2508993 0 422129 340189 286535 53654 1432110 1199590 193364 39156 23635 16414 7221 229244 172450 55347 1447 133880 90949 36382 6549 12520 10578 1942 33700 33700 88974 88974 20589 20589 1274352 1174317 82126 17909 262083 256319 2608 3156 445231 305144 121462 18625 50043 16520 32194 1329 80023 78823 1200 33729 29095 3594 1040 271747 263996 7614 137 14735 14615 120 110383 110383 34337 21092 13245 32030 32030 EXHIBITOR/PROGRAM FEES 260462 173498 1688 85276 MISCELLANEOUS 202862 161098 25357 16407 MUSEUM PERSONNEL AND SU 162173 33720 128453 0 MEALS & ENTERTAINMENT 109731 59023 10609 40099 211281 162640 34092 14549 5870043 4239881 1330709 299453 669 669 5381319 6388241 1453716 727188 320553 767069 149623 185406 3413 286315 809322 476248 350392 333074 3999574 4359569 14278 14278 11673537 13061809 408693 633074 40932 90530 449625 723604 X 3343830 4440136 7880082 7898069 11223912 12338205 11673537 13061809 842118 272175 0 X X 0 1 X 1 0 X 2721734 3551145 5622456 4594612 3781039 20270986 23000 23000 23000 0 69000 2721734 3574145 5645456 4617612 3781039 20339986 588285 19751701 33063 3996 1565 113363 463878 615865 227210 156641 168528 234865 508164 1295408 22251259 8186486 0.88770 0.91830 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 0 0 0 0 1 15465 0 1 73509 88974 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 52751 1989 54740 51600 115 1036 52751 51591 9 51600 51194 397 51591 50194 1000 51194 1.00000 0 0 809322 476248 333074 333074 X 6969171 272175 5424 277599 6691572 20589 20589 6712161 5854878 5424 5424 5849454 20589 20589 5870043 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. IN FYE 2024, THE OBLIGATIONS OF THE ORGANIZATION WERE SATISFIED AND THE ORGANIZATION DONATED THE SPECIMEN TO THE MUSEUM. 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. IN FYE 2024, CONSTRUCTION OF A SPECIALIZED LABORATORY WAS COMPLETED, AND THE CURRENT COLLECTION OF A FOSSILIZED TYRANNOSAUR AND TRICERATOPS WAS 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. X X X 0 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 NC STATE MUSEUM OF NATURAL SCIENCES I 67689 FAIR MARKET VALUE