2025-07-28T07:33:53-05:00 2024-12-31 043037870 BOLLUS LYNCH LLP 89 SHREWSBURY STREET WORCESTER MA 01604 990 2024-01-01 222474846 OLD YORK HISTORICAL SOCIETY OLDY 2073634974 PO BOX 312 YORK ME 03909 JOEL LEFEVER EXECUTIVE DIRECTOR 2073634974 2025-07-23 1 0 BARBARA E KING P00005629 5087557107 2025-07-23 2024 2025-03-06 01:10:19Z JOEL LEFEVER PO BOX 312 YORK ME 03909 1141442 0 X WWW.OLDYORK.ORG X 1896 ME THE MISSION OF THE OLD YORK HISTORICAL SOCIETY IS TO PRESERVE AND PROMOTE THE YORK MAINE REGION FOR THE EDUCATION AND ENJOYMENT OF THE PUBLIC. 11 11 30 10 0 0 185643 499336 93717 143317 131047 339306 -64 -3634 410343 978325 0 0 0 0 336357 390429 0 0 49299 411173 540981 747530 931410 -337187 46915 9552377 9979593 37636 35103 9514741 9944490 THE MISSION OF THE OLD YORK HISTORICAL SOCIETY IS TO PRESERVE AND PROMOTE THE HISTORY OF THE YORK MAINE REGION FOR THE EDUCATION AND ENJOYMENT OF THE PUBLIC. 0 0 168388 32575 HISTORIC BUILDINGS AND GROUNDS - THE HISTORIC BUILDINGS, PROPERTIES AND LANDSCAPES THAT OYHS OWNS OR MAINTAINS, TOGETHER ARE ITS SINGLE GREATEST PROGRAM ELEMENT THAT SERVES THE PUBLIC. IN CALENDAR YEAR 2024, OLD YORK ACQUIRED BY TRANSFER FROM 9TH GENERATION DESCENDANTS OF THE ORIGINAL BUILDER, THE MCINTIRE GARRISON IN YORK, A LOG STRUCTURE BUILT IN 1713 AND AS OF 2024 THE OLDEST SCIENTIFICALLY DATED, AND UNALTERED, HOUSE IN MAINE. 184251 80886 EDUCATION AND PROGRAMS - YORK LIVING HISTORY, THE OYHS HISTORICAL IMMERSION EXPERIENCE FOR ALL FIFTH GRADERS IN THE YORK PUBLIC SCHOOLS, ONCE AGAIN WELCOMED STUDENTS IN 2024. OUR HISTORIC BUILDINGS WERE OPEN TO THE PUBLIC AND CHILDREN 18 AND UNDER WERE GIVEN FREE ADMISSION. OTHER PUBLIC PROGRAMS SUCH AS THE HALLOWEEN LIGHTING OF THE PUMPKINS, YULETIDE ACTIVITIES, AND FREE ZOOM LECTURES ROUNDED OUT THE YEAR. 306379 29519 EXHIBITIONS - ADDITIONS TO THE REMICK GALLERY'S BEST OF YORK EXHIBITION INCLUDED OBJECTS RECENTLY ACQUIRED FROM THE EMERSON-VIELE FAMILY OF YORK. AMONG THE OBJECTS EXHIBITED WAS A C. 1874 PAINTING BY CHARLES J. WALDRON OF THE CLIPPER SHIP AMERICA, CAPTAINED BY ANDREW LEONARD EMERSON OF YORK, CAPT. EMERSON'S SEA CHEST AND NAUTICAL INSTRUMENTS. THE MARSHALL STORE GALLERY CONTINUED EXHIBITIONS OF CONTEMPORARY ART IN 2024. 659018 1 1 0 0 0 0 1 1 0 1 1 1 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 9 0 1 30 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 0 ME X JOEL LEFEVER 2073634974 PO BOX 312 YORK ME 03909 LYDIA BLUME TREASURER 1.00 X X 0 0 0 THOMAS HARDIMANJR VICE PRESIDENT 1.00 X X 0 0 0 CHERYL FARLEY PRESIDENT 1.00 X X 0 0 0 MARLA JOHNSON SECRETARY 4.00 X X 0 0 0 CHRISTOPHER AYER TRUSTEE 1.00 X 0 0 0 ELAINE BURNHAM TRUSTEE 1.00 X 0 0 0 ARTHUR BRENNAN TRUSTEE 1.00 X 0 0 0 COLEBY MANTZ TRUSTEE 1.00 X 0 0 0 ROBERT MCCARTHY TRUSTEE 1.00 X 0 0 0 MEREDITH GOODWIN TRUSTEE 1.00 X 0 0 0 NANCY GUSTAD TRUSTEE 1.00 X 0 0 0 HENRY WEEKS TRIMBLE III EMERITUS TRUSTEE 1.00 X 0 0 0 JOEL LEFEVER EXECUTIVE DIRECTOR 40.00 X 71500 0 36996 71500 0 36996 0 0 0 0 0 27370 26033 445933 239340 499336 PROGRAM SERVICE REVENU 611420 143317 143317 143317 106020 106020 382258 148972 233286 233286 233286 8847 26033 12144 -3297 -3297 1664 2001 -337 -337 978325 142980 0 336009 71500 45760 14300 11440 239787 137799 80108 21880 54001 13332 38146 2523 25141 13576 8548 3017 20000 20000 37659 37659 18819 18819 9428 4464 4964 6954 797 5941 216 89736 88966 770 395 355 40 110553 102236 8317 22143 17714 4429 PROGRAM SERVICES 201338 201338 TELEPHONE & INTERNET 11110 6491 2689 1930 MISCELLANEOUS 10267 7371 902 1994 BANK AND CREDIT CARD FE 1943 1244 699 636 636 931410 659018 223093 49299 109753 297490 165273 95520 301 1238 2084 1707 12074 3446 3847477 1068103 2693527 2779374 6569365 6800818 9552377 9979593 20877 25543 2500 14259 9560 37636 35103 X 3397266 3612644 6117475 6331846 9514741 9944490 9552377 9979593 X 46915 233948 148886 X 0 1 X 1 0 X 151494 323972 188163 167808 473303 1304740 151494 323972 188163 167808 473303 1304740 218163 1086577 98407 220432 443506 116619 106020 984984 2289724 0.47450 0.44040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 100.00 1 1 1 0 10.00 0 0 X X X 0 6280442 631288 479920 6431810 5786914 807415 313887 6280442 7105594 11943 -899960 430663 5786914 6481552 919612 295570 7105594 6197342 582796 291586 6481552 0.04169 0.95831 1 0 3724374 1053344 2671030 123103 14759 108344 2779374 BENEFICIAL INTEREST IN CHARITABLE TRUST 1440006 F H.M. PAYSON 644355 F SCHWAB 4716457 F 6800818 1337645 233948 2001 161030 396979 940666 37659 37659 978325 907896 2001 12144 14145 893751 37659 37659 931410 PART III, LINE 1A: IN CONFORMITY WITH THE PRACTICE FOLLOWED BY MANY MUSEUMS, THE ARTIFACTS, BOOKS, MANUSCRIPTS, AND HISTORICAL BUILDINGS PURCHASED AND DONATED ARE NOT INCLUDED IN THE STATEMENT OF FINANCIAL POSITION. THESE COLLECTIONS ARE NOT HELD FOR FINANCIAL GAIN. THE SOCIETY EMPLOYS A CURATOR TO ENSURE THE COLLECTIONS ARE PROTECTED, CARED FOR AND PRESERVED. ANY PROCEEDS FROM THE SALE OF COLLECTION ITEMS WOULD BE REINVESTED IN OTHER COLLECTION ITEMS. PART V, LINE 4: THE SOCIETY'S ENDOWMENT CONSISTS OF DONOR RESTRICTED FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED OR LEGAL RESTRICTIONS. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, THE SOCIETY CLASSIFIES AS DONOR RESTRICTED NET ASSETS (A) THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT, (B) THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE PERMANENT ENDOWMENT, AND (C) ACCUMULATIONS TO THE PERMANENT ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT INSTRUMENT AT THE TIME THE ACCUMULATION IS ADDED TO THE FUND. THE REMAINING PORTION OF THE DONOR RESTRICTED ENDOWMENT FUND THAT IS NOT CLASSIFIED AS NON-EXPENDABLE NET ASSETS IS CLASSIFIED AS EXPENDABLE NET ASSETS UNTIL THOSE AMOUNTS ARE APPROPRIATED FOR EXPENDITURE BY THE SOCIETY IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY STATE LAW. IN ACCORDANCE WITH THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT, THE SOCIETY CAN CONSIDER THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATE DONOR RESTRICTED ENDOWMENT FUNDS: THE DURATION AND PRESERVATION OF THE FUND; THE PURPOSES OF THE SOCIETY AND THE DONOR RESTRICTED ENDOWMENT FUND; GENERAL ECONOMIC CONDITIONS; THE POSSIBLE EFFECT OF INFLATION AND DEFLATION; THE EXPECTED TOTAL RETURN FROM INCOME AND THE APPRECIATION OF INVESTMENTS; OTHER RESOURCES OF THE SOCIETY; AND THE INVESTMENT POLICIES OF THE SOCIETY. THE SOCIETY HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ITS ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING FOR ITS PROGRAMS WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. UNDER THIS POLICY, AS APPROVED BY THE BOARD, THE SOCIETY'S INVESTMENT COMMITTEE SHALL SEEK TO INVEST THE ENDOWMENT FUNDS IN SUCH A MANNER THAT THE INVESTMENTS WILL PROVIDE A SPENDABLE RETURN CONSISTENT WITH A LONG-TERM GOAL OF PRESERVING THE FUNDS IN REAL TERMS. ACTUAL RETURNS IN ANY GIVEN YEAR MAY VARY FROM THIS AMOUNT. TO SATISFY ITS LONG-TERM RATE-OF-RETURN OBJECTIVES, THE SOCIETY RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST AND DIVIDENDS). THE SOCIETY HAS INVESTED IN A MUTUAL FUND DESIGNATED FOR INSTITUTIONS THAT TARGETS A DIVERSIFIED ASSET ALLOCATION THAT PLACES A GREATER EMPHASIS ON EQUITY-BASED INVESTMENTS TO ACHIEVE ITS LONG-TERM RETURN OBJECTIVES WITHIN PRUDENT RISK CONSTRAINTS. THE SOCIETY HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR ACTUAL INCOME PLUS REALIZED AND UNREALIZED GAINS AND LOSSES OF UP TO 5% OF THE ENDOWMENT'S AVERAGE QUARTERLY MARKET VALUE OVER THE PREVIOUS 3 YEARS. IN ESTABLISHING THIS POLICY, THE SOCIETY HAS CONSIDERED A LONG-TERM EXPECTED REAL RETURN THAT IS CONSISTENT WITH THE OBJECTIVE OF MAINTAINING THE INFLATION-ADJUSTED PURCHASING POWER OF THE ENDOWMENT. FROM TIME TO TIME, THE FAIR VALUE OF ASSETS ASSOCIATED WITH INDIVIDUAL DONOR-RESTRICTED ENDOWMENT FUNDS MAY FALL BELOW THE LEVEL THAT THE DONOR-IMPOSED RESTRICTIONS REQUIRE THE SOCIETY TO RETAIN AS A FUND OF PERPETUAL DURATION. THE SOCIETY MAY APPROPRIATE FOR EXPENDITURE FROM THESE UNDERWATER ENDOWMENT FUNDS IN ACCORDANCE WITH THE PRUDENT MEASURES PRESCRIBED BY STATE LAW. AS OF DECEMBER 31, 2024, FUNDS WITH AN ORIGINAL GIFT VALUE OF $3,166,582 WERE UNDERWATER BY $112,609. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL INTEREST IN CHARITABLE TRUST 148,886. DIRECT COST OF FUNDRAISING EVENTS 12,144. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT COST OF FUNDRAISING EVENTS 12,144. COME SAIL AWAY 16850 14200 2650 5858 UNE SOIREE FRANCAISE 18030 11833 6197 6286 34880 26033 8847 12144 12144 -3297 X 1 25297 X DONATED PROPERTY 1 196400 X COLLECTION ITEMS 1 15530 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATIONS MEMBERS HAVE THE RIGHT TO PARTICIPATE IN THE ORGANIZATIONS GOVERNANCE. FORM 990, PART VI, SECTION A, LINE 7A DUES PAYING MEMBERS ELECT TRUSTEES AND OFFICERS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B CHANGES IN THE BY-LAWS MUST BE VOTED ON BY MEMBERS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 8B THE SOCIETY KEEPS WRITTEN MINUTES OF ALL BOARD MEETINGS AND MOST COMMITTEE MEETINGS. THEY ARE GENERATED AND PRESENTED TO THE BOARD FOR ITS APPROVAL AT THE NEXT REGULAR MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES AND EXECUTIVE DIRECTOR REVIEWS A COPY OF THE TAX RETURN BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES ARE ASKED TO FILL OUT A DISCLOSURE FORM. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY THE BOARD OF TRUSTEES. THE NEW ENGLAND MUSEUM ASSOCIATION'S SALARY SURVEY IS USED FOR COMPARABLE DATA FOR KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 18 THE DOCUMENTS ARE AVAILABLE UPON REQUEST FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE UPON REQUEST FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN CHARITABLE TRUST 148,886.