2024-11-15T23:29:08-05:00 2023-12-31 364709572 CROWLEY & HALLORAN CPAS PC 215 WASHINGTON ST STE 100 WATERTOWN NY 136013343 990 2023-01-01 161181668 HANDWEAVING MUSEUM AND ARTS CENTER HAND 3156864123 314 JOHN ST CLAYTON NY 13624 CHRIS MURRAY CHAIR 3156864123 2024-11-15 false PAMELA J HALLORAN P00804150 3157883140 2024-11-15 2023 2024-10-15 13:58:12Z DBA THOUSAND ISLANDS ARTS CENTER CHRIS MURRAY 314 JOHN ST CLAYTON NY 13624 644345 false X TIARTSCENTER.ORG X 2000 NY TO ADVANCE ART, CRAFT, AND OUR UNIQUE TEXTILE COLLECTION THROUGH EDUCATION AND EXHIBITION. 18 17 7 45 0 225291 284733 72940 81109 8766 12147 44281 36192 351278 414181 0 0 228937 239056 0 33192 104242 137056 333179 376112 18099 38069 616958 661895 20312 22575 596646 639320 TO PRESERVE AND PROMOTE ART AND CRAFT THROUGH EDUCATION, INSTRUCTION, EXHIBITIONS AND OUR PERMANENT TEXTILE COLLECTION. false false 217282 81109 OPERATION OF CRAFT SCHOOL WORKSHOPS AND MUSEUM. 217282 true true false false false false false true true true true false true false true true true false false false false false false false true false false false false false false false false false false false false false true false false false false false false false false true 14 0 true 7 true false false false false false true true false false false false false false false false X 18 17 false false false false true true false true true false false true true true true false true true true false X SARAH RIDDOCH 3156864123 314 JOHN ST CLAYTON NY 13624 CHRIS MURRAY CHAIR 1.00 X X 0 0 0 JAN HAMPTON PAST VICE-CH 1.00 X X 0 0 0 SARAH RIDDOCH VICE-CHAIR 1.00 X 9900 0 0 DOREEN GARRETT WILLIAMS TREASURER 1.00 X X 0 0 0 JOY RHINEBECK MEMBER 1.00 X 0 0 0 SALLIE LAKE SECRETARY 1.00 X X 0 0 0 HARRIET BURRIS MEMBER 1.00 X 0 0 0 KATHY ELLIOTT MEMBER 1.00 X 0 0 0 KATHY HANNA MEMBER 1.00 X 0 0 0 ANN JOHNSON-KAISER MEMBER 1.00 X 0 0 0 JOAN TRIMBLE JORDAN MEMBER 1.00 X 0 0 0 CINDY MCLEAN MEMBER 1.00 X 0 0 0 MARGOT MILLER MEMBER 1.00 X 0 0 0 JESSICA MURRAY MEMBER 1.00 X 0 0 0 AMY PHELPS MEMBER 1.00 X 0 0 0 SARAH ELLEN SMITH MEMBER 1.00 X 0 0 0 MARSHA RINGER TOPA MEMBER 1.00 X 0 0 0 MARTY YENAWINE MEMBER 1.00 X 0 0 0 LESLIE ROWLAND EXEC DIR 40.00 X 20678 0 7250 KATHLEEN FURGUSON EXEC DIRECTO 40.00 X 43154 0 0 73732 7250 false false false 107669 34708 142356 29688 284733 ARTS CENTER CLASSES 64463 64463 MUSEUM 16646 16646 81109 5389 5389 171293 164535 6758 6758 6758 69368 35941 33427 33427 29688 29688 OTHER INCOME 2765 2765 2765 414181 81109 48339 64558 32279 25823 6456 135402 67701 54161 13540 3728 1864 1491 373 18848 9424 7539 1885 16520 8260 6608 1652 7155 2862 2862 1431 5732 4872 573 287 12538 10657 1254 627 13312 11049 2263 12487 8116 3122 1249 5005 2002 2002 1001 PROGRAMS 33740 33740 CONSULTING FEES 20963 8385 8385 4193 MAINTENANCE 8561 6250 2140 171 MEMBERSHIP 5139 5139 12424 4682 7415 327 376112 217282 125638 33192 89501 89135 12769 14374 1353 1353 1554 2673 750761 381266 331640 369495 5628 6205 174513 178660 616958 661895 6061 6455 8943 5798 5308 10322 20312 22575 X 518908 520690 77738 118630 596646 639320 616958 661895 X 38069 9500 -4895 X false true X false false X 131258 246435 207989 225291 284733 1095706 64894 44700 79417 72940 81109 343060 16663 23030 26806 29688 96187 196152 307798 310436 325037 395530 1534953 1534953 4880 4623 6100 5564 5389 26556 4880 4623 6100 5564 5389 26556 73020 25143 52626 43282 35192 229263 274052 337564 369162 373883 436111 1790772 0.85710 0.82030 0.01000 0.02000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false 192911 8484 21595 21462 2289 199238 228578 19439 -30652 21960 2494 192911 192247 40455 20135 21457 2802 228578 180418 6999 15202 8111 2262 192246 161496 1000 28870 8884 2063 180418 0.64590 0.29110 0.06300 false false 74206 74206 601458 309376 292082 75097 71890 3207 369495 FIXED INCOME & EQUITIES 178660 F 178660 ACCRUED LIABILITIES 10322 10322 X 485460 9500 1045 10545 474915 4895 -65629 -60734 414181 442786 1045 65629 66674 376112 376112 SCHEDULE D, PAGE 2, PART V, LINE 4 THE ORGANIZATION'S INVESTMENTS ARE POOLED IN AN ENDOWMENT FUND ("THE FUND") CREATED BY THE BOARD OF TRUSTEES USING DONOR RESTRICTED FUNDS TO PROVIDE PERPETUAL FINANCIAL SUPPORT TO THE ORGANIZATION. AS PART OF THE ANNUAL BUDGET REVIEW, THE BOARD MAY ALLOCATE A PORTION OF INCOME FROM THE INVESTMENT ACCOUNT TO MEET ANNUAL OPERATING REQUIREMENTS. GAINS INCLUDE BOTH DIVIDEND AND INTEREST INCOME AND REALIZED AND UNREALIZED CAPITAL GAINS EARNED BY THE FUND'S INVESTMENTS. THE DISTRIBUTION OF FUND ASSETS ARE PERMITTED TO THE EXTENT THAT SUCH DISTRIBUTIONS DO NOT EXCEED A LEVEL THAT WOULD ERODE THE FUND'S REAL ASSETS OVER TIME. THE FUND'S TARGETED RATE OF RETURN IS 5% OVER INFLATION AS MEASURED BY THE CONSUMER PRICE INDEX AND APPROVED INVESTMENTS INCLUDE TEMPORARY CASH INVESTMENTS, EQUITY, AND FIXED INCOME TYPE INVESTMENTS. SCHEDULE D, PAGE 3, PART X FASB ASC SECTION 740, "INCOME TAXES," REQUIRES ENTITIES TO DISCLOSE IN THEIR FINANCIAL STATEMENTS THE NATURE OF ANY UNCERTAINTIES IN THEIR TAX POSITION. TAX YEARS INCLUDING 2020 AND LATER ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES. AREAS THAT IRS AND STATE TAX AUTHORITIES CONSIDER WHEN EXAMINING TAX RETURNS OF A CHARITY INCLUDE, BUT MAY NOT BE LIMITED TO, TAX-EXEMPT STATUS AND THE EXISTENCE AND AMOUNT OF UNRELATED BUSINESS INCOME. HANDWEAVING MUSEUM AND ARTS CENTER, DBA THOUSAND ISLANDS ARTS CENTER DOES NOT BELIEVE THAT IT HAS ANY UNCERTAIN TAX POSITIONS WITH RESPECT TO THESE OR OTHER MATTERS, AND HAS NOT RECORDED ANY UNRECOGNIZED TAX BENEFITS OR LIABILITY FOR PENALTIES OR INTEREST. HANDWEAVING MUSEUM AND ARTS CENTER, DBA THOUSAND ISLANDS ARTS CENTER IS NOT AWARE OF ANY CIRCUMSTANCES OR EVENTS THAT MAKE IT REASONABLY POSSIBLE THAT TAX BENEFITS MAY INCREASE OR DECREASE WITHIN 12 MONTHS OF THE DATE OF THESE FINANCIAL STATEMENTS. SCHEDULE D, PAGE 4, PART XI, LINE 4B SPECIAL EVENTS -65,629 SCHEDULE D, PAGE 4, PART XII, LINE 2D SPECIAL EVENT EXPENSE 65,629 T I FESTIVAL OF 31456 31456 8478 KINGSLEY EVENT 22850 22850 11325 1 8109 8109 5598 62415 62415 25401 25401 37014 X 29688 false false false FORM 990, PAGE 6, PART VI, LINE 6 ORGANIZATION HAS MEMBERSHIPS FORM 990, PAGE 6, PART VI, LINE 7A MEMBERS ELECT BOARD MEMBERS THROUGH VOTE-BY-MAIL ELECTION SYSTEM FORM 990, PAGE 6, PART VI, LINE 11B REVIEW OF RETURN BY BOARD PRIOR TO FILING FORM 990, PAGE 6, PART VI, LINE 12C ANNUAL REVIEW FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR COMPARABLE POSITION IN THE AREA AND INDUSTRY FORM 990, PAGE 6, PART VI, LINE 15B COMPARABLE TO THE AREA. FORM 990, PAGE 6, PART VI, LINE 19 AVAILABLE UPON REQUEST FORM 990, PART XI, LINE 9 SPECIAL EVENTS 65,629 SPECIAL EVENT EXPENSE -65,629