2024-04-10T14:12:25-07:00 2023-12-31 990EZ 2023-01-01 263923943 MICHIGAN MILITARY TECHNICAL HISTORICAL SOCIETY MICH 5868722581 16600 Stephens Eastpointe MI 48021 Chris Causley President 5868722581 2023-04-10 Chris Causley 999009999 1 1 11 1 AAL2 2023 2023-04-26 12:10:37Z 0509 X X mimths.org X X 41924 X 27383 6893 2690 0 910 0 910 67 0 0 67 3125 1579 1546 856 40345 0 0 0 0 22261 923 10290 33474 6871 25859 852 33582 X 19548 13819 0 12413 6311 7350 25859 33582 0 0 25859 33582 The Michigan Military Technical & Historical Society is dedicated to preserving the stories of Michigan citizens who served and sacrificed, here and abroad, from WWI to the present. Our 11,000 square feet Museum exhibits the actual equipment, weapons, uniforms and other artifacts that bear witness to the high cost of freedom. In 2023, 2,361 visited the Museum, attended Kid's Club or attended a special event. The Museum had 136 volunteers who donated 4,867 hours. The Museum was open 113 days. 6850 33474 33474 Chris Causley President 20 0 0 0 Phil Naud Vice President 0.1 0 0 0 Wendy Richardson Treasurer 15 0 0 0 Tim Burns Director 1 0 0 0 Clint Ward Director 0.1 0 0 0 Franklin Newman Director 1 0 0 0 Carl Hauss Director 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MI Wendy Richardson 16600 Stephens Eastpointe MI 48021 5868722581 0 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 7674 19062 10411 30233 20533 87913 15376 6119 9363 8630 10018 49506 23050 25181 19774 38863 30551 137419 2144 2532 1394 2137 4026 12233 2144 2532 1394 2137 4026 12233 125186 23050 25181 19774 38863 30551 137419 0.91098 0.92610 0 0 X Form 990-EZ, Part I, Line 8 Description;Amount^Affinity;645|Interest;11|Service or Fee Revenue;200^Total;856^ Form 990-EZ, Part I, Line 16 Description;Amount^Advertising and PR;1145|Supplies;262|Program Expenses;4620|Dep and Amort;2551|Office Supplies;606|Administration;425|Artifact Expense;574|Credit Card Processing;107^Total;10290^ Form 990-EZ, Part I, Line 20 General Adjustments Form 990-EZ, Part II, Line 24 Cafe and Gift Shop Inventory: $1,350 Equipment Net: $2,126 Displays and Exhibit Net: $3,864. In May of 2023, the Eastpointe City Council voted to sell the building that our Museum is in for $1. On July 28, 2023, the property was transferred with the following restriction: The Museum must stay in the building for 10 years. If they do not, the building reverts back to the city. The transfer may be characterized as a 'bargain sale' as the purchase price of $1 is below the fair market value, which was TCV= $235,477. However, since there is no charitable deduction as both entities are tax-exempt. Simply putting the value of the building as an Asset on the Statement of Activities, would be misleading, as the transfer included a 10-year restriction. There is value to the organization to having the ownership settled and the terms firm. Based on this agreement, the entity has begun making significate investments into the building that would not have been done if this agreement had not been made. Therefore, the entity is electing to classify those investments as the basis value of the building. In addition, the organization had Leaseholder Improvements prior to this agreement that will be moved into the Asset classification. Leaseholder Improvements Prior: $5,481.95 Accum Dep-Building ($1,266.76) 2023 Investments: $7,569.35 Building as of 12/31/23 $12,412.06 Form 990-EZ, Part II, Line 26 n/a