2024-01-17T14:29:56-06:00 2023-06-30 232896692 BBD LLP 1835 MARKET STREET SUITE 300 PHILADELPHIA PA 19103 990 2022-07-01 231417519 AMERICAN SWEDISH HISTORICAL FOUNDATION AMER 2153891776 1900 PATTISON AVENUE PHILADELPHIA PA 19145 TRACEY BECK EXECUTIVE DIRECTOR 2153891776 2024-01-17 1 TRACEY BECK 999009999 0 MELISSA DUNN P01278330 2155677770 2024-01-17 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z AMERICAN SWEDISH HISTORICAL MUSEUM TRACEY RAE BECK 1900 PATTISON AVENUE PHILADELPHIA PA 19145 936725 0 X AMERICANSWEDISH.ORG X 1926 PA DEDICATED TO SHARING SCANDINAVIAN CULTURE IN AMERICA. 28 27 14 100 0 0 429484 326847 56962 56692 113152 130332 281535 264408 881133 778279 0 0 0 0 446993 443298 0 0 94110 352933 378242 799926 821540 81207 -43261 3253552 3225235 208995 141251 3044557 3083984 X THE AMERICAN SWEDISH HISTORICAL MUSEUM WELCOMES ALL PEOPLE TO EXPLORE CULTURAL IDENTITY THROUGH THE STORY OF SCANDINAVIANS. THE MUSEUM OFFERS A VIBRANT COMMUNITY DEDICATED TO PRESERVING AND INTERPRETING CULTURE, [CONTINUED ON SCHEDULE O]THROUGH CELEBRATIONS AND EXHIBITIONS, WHILE PROVIDING OPPORTUNITIES TO LEARN, EXPERIENCE, AND GROW. 0 0 263005 15834 CURATORIAL AND EXHIBITIONS: PRESERVED AND DISPLAYED THE OLDEST COLLECTION OF ART AND ARTIFACTS WHICH REPRESENT THE CONTRIBUTIONS OF SWEDES AND OTHER SCANDINAVIANS IN AMERICA. PRESENTED 3 TEMPORARY EXHIBITIONS WHICH EXPLORED SCANDINAVIAN CULTURE THROUGH THE LENSES OF ART, IMMIGRATION HISTORY, FASHION AND DESIGN. 203124 40858 EDUCATIONAL PROGRAMS: PRESENTED 48 PUBLIC PROGRAMS AND EVENTS WHICH INTERPRET SCANDINAVIAN AND SCANDINAVIAN AMERICAN HISTORY, CULTURE, SCIENCE, MUSIC AND ART. EXPANDED PROGRAMMING TO DIGITAL OFFERINGS THAT WERE AVAILABLE TO PARTICIPANTS AROUND THE COUNTRY. TAUGHT SWEDISH AND FINNISH LANGUAGE CLASSES. OFFERED SCHOOL AND LIBRARY PROGRAMS, SERVING STUDENTS FROM PRE-K THROUGH COLLEGE. OFFERED SEVERAL ART COURSES INCLUDING PAINTING, PRINTING, AND FLEMISH WEAVING. 466129 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 4 0 1 14 1 0 0 0 0 0 0 0 0 0 0 0 0 X 28 27 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 PA X TRACEY RAE BECK 2153891776 1900 PATTISON AVENUE PHILADELPHIA PA 19145 ANNA-LENA BROMBERG CHAIR 1.00 X X 0 0 0 FANNY WARREN VICE CHAIR 1.00 X X 0 0 0 PER BLOMQUIST SECRETARY 1.00 X X 0 0 0 JIM WALKER TREASURER 1.00 X X 0 0 0 KARIN BERGQVIST BOARD MEMBER EFF. 9/2022 1.00 X 0 0 0 SOPHIA BONDE BOARD MEMBER 1.00 X 0 0 0 GREG BROWN BOARD MEMBER EFF. 9/2022 1.00 X 0 0 0 BILL EATON BOARD MEMBER 1.00 X 0 0 0 JORGEN FLOOD BOARD MEMBER 1.00 X 0 0 0 JOHN FOSTER BOARD MEMBER 1.00 X 0 0 0 DAWN GOULD BOARD MEMBER 1.00 X 0 0 0 JULIE JOHNSON BOARD MEMBER EFF. 9/2022 1.00 X 0 0 0 ROBERTA JOHNSON BOARD MEMBER 1.00 X 0 0 0 KARIN KORNAGA BOARD MEMBER 1.00 X 0 0 0 MONICA KRUSE BOARD MEMBER 1.00 X 0 0 0 MATTHEW LUND BOARD MEMBER 1.00 X 0 0 0 INGRID MCALLISTER BOARD MEMBER EFF. 9/2022 1.00 X 0 0 0 ERIK MUTHER BOARD MEMBER EFF. 9/2022 1.00 X 0 0 0 THOMAS NILSSON BOARD MEMBER 1.00 X 0 0 0 KRISTINA JOHNSON O'DOHERTY BOARD MEMBER EFF. 9/2022 1.00 X 0 0 0 CARL RAPP BOARD MEMBER 1.00 X 0 0 0 JAMES R ROEBUCK JR BOARD MEMBER 1.00 X 0 0 0 ED ROOT BOARD MEMBER 1.00 X 0 0 0 SUSAN SATKOWSKI BOARD MEMBER 1.00 X 0 0 0 ABBY SHAW BOARD MEMBER 1.00 X 0 0 0 MARY WAGNER BOARD MEMBER 1.00 X 0 0 0 ULF AKERBLOM BOARD MEMBER 1.00 X 0 0 0 TRACEY BECK EXECUTIVE DIRECTOR 40.00 X X 96867 0 13916 96867 0 13916 0 0 0 0 0 35065 6680 285102 326847 PROGRAM REVENUE 900099 40858 40858 ADMISSION 900099 15834 15834 56692 42417 42417 4439 4439 230573 62160 168413 168413 168413 112785 24870 87915 87915 87915 78796 6680 25824 52972 52972 84176 45592 38584 38584 778279 56692 0 394740 107171 52515 39653 15003 266172 130268 98854 37050 8197 4057 2936 1204 35421 17472 12832 5117 26337 12905 9745 3687 87 87 52224 13194 35261 3769 24584 12046 9096 3442 21577 10573 7983 3021 35572 28457 5336 1779 137934 110347 20690 6897 23692 18954 3554 1184 PROGRAM EVENT EXPENSE 36981 26665 10316 MISCELLANEOUS 29054 12139 15274 1641 EXHIBITS EXPENSE 16537 16537 821540 466129 261301 94110 134154 53580 44869 12852 15585 3692 9958 48836 25726 29232 15574 7012 3410809 2328801 1118985 1082008 1888701 1988023 3253552 3225235 64101 40413 144894 100838 208995 141251 X 2307838 2303360 736719 780624 3044557 3083984 3253552 3225235 -43261 82688 0 X 1 X 0 1 0 X 359457 468199 454904 429484 326847 2038891 214000 214000 214000 214000 214000 1070000 573457 682199 668904 643484 540847 3108891 545374 2563517 247956 165988 123174 294547 277429 1109094 8224 60630 78799 147653 4365638 799170 0.58720 0.61240 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: INSURANCE PROCEEDS - 2018 AMOUNT: $ 8,224. OTHER INCOME - 2021 AMOUNT: $ 5. 2022 AMOUNT: $ 3. GROSS FUNDRAISING - 2021 AMOUNT: $ 60,625. 2022 AMOUNT: $ 78,796. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 723796 71708 31033 764471 872253 1578 -108952 41083 723796 736020 139535 193368 196670 872253 637275 232595 15752 149602 736020 637658 139230 31062 170675 637275 1.00000 0 0 3277501 2243781 1033720 133308 85020 48288 1082008 X 1208456 82688 214000 133576 430264 778192 87 87 778279 1169029 214000 133576 347576 821453 87 87 821540 PART III, LINE 1A: THE MUSEUM DOES NOT CAPITALIZE DONATED WORKS OF ART OR ARTIFACTS NOR RECOGNIZE THEM AS REVENUE OR GAINS. FASB ASC 958-605, REVENUE RECOGNITION, PROVIDES THAT SUCH DONATIONS NEED NOT BE RECOGNIZED IF THEY ARE ADDED TO COLLECTIONS THAT ARE HELD FOR PUBLIC EXHIBITION, EDUCATION OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FINANCIAL GAIN; ARE PROTECTED, KEPT UNENCUMBERED, CARED FOR AND PRESERVED; AND ARE SUBJECT TO A POLICY THAT REQUIRES THE PROCEEDS FROM SALES OF COLLECTION ITEMS TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS AND/OR THE DIRECT CARE AND PRESERVATION OF THE MUSEUM'S EXISTING COLLECTIONS. PART III, LINE 4: THE ASHM ACTIVELY COLLECTS OBJECTS RELEVANT TO ITS MISSION AND GOALS. EVERY OBJECT IN THE PERMANENT COLLECTION, AND EVERY OBJECT CONSIDERED FOR ACQUISITION FOR THE PERMANENT COLLECTION, SHOULD SUPPORT THE GOALS OF THE ASHM TO CREATE AN AWARENESS AND UNDERSTANDING OF THE CONTRIBUTIONS OF SWEDES AND SCANDINAVIANS IN AMERICA, AND TO PRESERVE, EXHIBIT, OR INTERPRET THE HISTORY AND CURRENT CONTRIBUTIONS OF SCANDINAVIANS FOR THE BENEFITS OF THE PUBLIC. PART V, LINE 4: THE ASHM'S INVESTMENT OBJECTIVE IS TO ACHIEVE STABLE LONG-TERM GROWTH WHILE PROVIDING STEADY INCOME FROM ITS INVESTMENT PORTFOLIO; TO PROVIDE ONGOING SUPPORT FOR OPERATIONAL COSTS OF THE MUSEUM; AND TO PROVIDE A SOURCE FOR FUNDING OF CAPITAL PROJECTS AND INITIATIVES AS REQUESTED BY THE ASHM BOARD. THE MUSEUM ANNUALLY RECEIVES GENERAL CONTRIBUTIONS AND CONTRIBUTIONS RESTRICTED TO SPECIFIC PURPOSES, LIKE SALARIES, BUILDING IMPROVEMENTS, AND LIBRARY MATERIALS. MOST OF THESE RESTRICTIONS ARE FULFILLED QUICKLY. THE MUSEUM ALSO MAINTAINS A PERMANENTLY RESTRICTED ENDOWMENT, A PERCENTAGE OF WHICH SUPPORTS OPERATIONS AND CAPITAL PROJECTS EACH YEAR, AS THE BOARD DETERMINES AS NECESSARY OR THE RESTRICTION INDICATES. PART X, LINE 2: GAAP REQUIRES ENTITIES TO EVALUATE, MEASURE, RECOGNIZE AND DISCLOSE ANY UNCERTAIN INCOME TAX POSITIONS TAKEN ON THEIR TAX RETURNS. GAAP PRESCRIBES A MINIMUM THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET IN ORDER TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. THE MUSEUM BELIEVES THAT IT HAD NO UNCERTAIN TAX POSITIONS AS DEFINED IN GAAP. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 45,592. FUNDRAISING EVENT EXPENSES 25,824. RENTAL EXPENSES 62,160. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 45,592. FUNDRAISING EVENT EXPENSES 25,824. RENTAL EXPENSES 62,160. SPRING TING 28027 6680 21347 6339 800 3177 LUCIA & CHRISTMAS MARKET 22040 22040 2441 2073 9 35409 35409 7152 722 3120 85476 6680 78796 15932 1522 8370 25824 52972 X 5 0 X 43 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IS OPEN TO ALL PEOPLE, SUBJECT TO PAYMENT OF DUES. THERE ARE 9 LEVELS OF DUES-PAYING MEMBERS. THE MEMBERS VOTE TO ELECT THE MEMBERS OF THE BOARD OF GOVERNORS AND TO ADOPT CHANGES TO THE ORGANIZATION'S BYLAWS. FORM 990, PART VI, SECTION A, LINE 7A ANY FOUNDATION MEMBER IN GOOD STANDING MAY SUBMIT NOMINATIONS TO THE NOMINATING COMMITTEE. MEMBERS OF THE BOARD OF GOVERNORS ARE ELECTED BY THE MEMBERS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B ANY MEMBER IN GOOD STANDING (I.E. DUES PAID FOR THE YEAR) IS ELIGIBLE TO VOTE FOR APPROVAL TO CHANGE THE BY-LAW. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE 990 WILL BE CIRCULATED TO THE FULL BOARD OF GOVERNORS BEFORE FILING. ANY COMMENTS/QUESTIONS OR SUGGESTIONS FOR MODIFICATION WILL BE GIVEN TO THE EXECUTIVE DIRECTOR AND CHAIRMAN OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C STAFF MEMBERS, VOLUNTEERS, AND BOARD MEMBERS ARE ALL COVERED UNDER THE CONFLICT OF INTEREST POLICY. IF A POTENTIAL CONFLICT OF INTEREST EXISTS, IT MUST BE DISCLOSED TO THE EXECUTIVE DIRECTOR. ANYONE WITH A CONFLICT MUST EXCUSE THEMSELVES FROM VOTING FOR ANY DECISION WHERE A CONFLICT EXISTS. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION COMMITTEE MAKES A RECOMMENDATION TO THE BOARD OF GOVERNORS FOR APPROVAL. INPUT FOR THE DECISION IS PERFORMANCE EVALUATION (CONDUCTED BY THE OFFICERS) AND BENCHMARKING. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC AT THE ANNUAL MEETING AND BY REQUEST. THE GOVERNING DOCUMENTS ARE AVAILABLE BY REQUEST.