2025-10-27T07:57:47-05:00 2024-12-31 882730877 CHERRY BEKAERT ADVISORY LLC 101 SOUTH 5TH STREET STE 2100 LOUISVILLE KY 40202 990 2024-01-01 610444690 THE FILSON HISTORICAL SOCIETY INC FILS 5026355083 1310 SOUTH THIRD STREET LOUISVILLE KY 40208 RICHARD HC CLAY PRESIDENT AND CEO 5026355083 2025-10-23 1 1 MELANIE MCPEAK P01346034 8885871719 2024 2025-03-06 01:10:19Z PATRICK A LEWIS 1310 SOUTH THIRD STREET LOUISVILLE KY 40208 7775435 0 X FILSONHISTORICAL.ORG X 1892 KY THE MISSION OF THE FILSON HISTORICAL SOCIETY IS TO COLLECT, PRESERVE, AND SHARE THE SIGNIFICANT HISTORY AND CULTURE OF KENTUCKY AND THE OHIO VALLEY. ITS PURPOSE IS THE BELIEF THAT COMMUNITIES BUILD A STRONGER FUTURE BY BETTER KNOWING THE PAST. 30 30 42 86 0 0 3014064 1712956 107405 160147 1226203 992102 13696 30379 4361368 2895584 0 0 0 0 2164948 2435598 0 0 326821 1445056 1563966 3610004 3999564 751364 -1103980 46091998 48089903 110934 261970 45981064 47827933 X TO COLLECT, PRESERVE, AND SHARE THE SIGNIFICANT HISTORY AND CULTURE OF KENTUCKY AND THE OHIO VALLEY. 0 0 3116810 166607 THE FILSON HOSTS MORE THAN 100 PROGRAMS AND EVENTS ANNUALLY. LECTURES ARE PRESENTED IN-PERSON AND VIRTUALLY TO REGISTERED MEMBERS AND THE GENERAL PUBLIC. THESE INCLUDE THE PRESTIGIOUS GERTRUDE POLK BROWN LECTURE SERIES AND OTHER PROGRAMS THAT FOCUS ON MISSION FULFILLMENT. MEMBERSHIP, ANNUAL FUND CONTRIBUTIONS, AND GRANT FUNDING ARE ALSO VITAL COMPONENTS OF SUSTAINING THE FILSON'S OPERATIONS. THE FILSON STEWARDS COLLECTIONS (LIBRARY, MANUSCRIPTS, PRINTS & PHOTOGRAPHS, AND MUSEUM OBJECTS) WITH SIGNIFICANT CONNECTION TO KENTUCKY AND THE OHIO RIVER VALLEY TO PRESERVE AND SHARE THE HISTORY OF OUR REGION. MATERIAL DATING FROM PRE-COLUMBIAN INDIGENOUS HISTORY THROUGH THE 21ST CENTURY IS PRESERVED, CATALOGED, AND MADE AVAILABLE TO IN-PERSON AND REMOTE RESEARCHERS. NEW MATERIALS ARE CONSIDERED FOR ACCEPTANCE INTO THE COLLECTION MONTHLY. RESEARCHERS VISIT THE FILSON FROM ACROSS THE UNITED STATES AND ABROAD TO USE COLLECTIONS FOR BOOKS, ARTICLES, NOVELS, PLAYS, SCHOOL PAPERS, FAMILY HISTORIES AND MORE. CITATIONS AND ACKNOWLEDGEMENTS TO FILSON COLLECTIONS REGULARLY APPEAR IN RESULTING WORKS. THE FILSON PRODUCES TWO PUBLICATIONS, THE FILSON NEWSMAGAZINE AND OHIO VALLEY HISTORY AND IS A CONSORTIUM MEMBER OF THE UNIVERSITY PRESS OF KENTUCKY. 3116810 1 1 0 0 0 0 0 1 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 39 0 1 42 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 KY X MILOS D MALDONADO 5026355083 1310 SOUTH THIRD ST LOUISVILLE KY 40208 ANN WELLS CHAIR - DIRECTOR 4.00 0.00 X X 0 0 0 ANGELA EDWARDS VICE CHAIR - DIRECTOR 0.75 0.00 X X 0 0 0 BETH WISEMAN TREASURER - DIRECTOR 1.00 0.00 X X 0 0 0 PHILLIP BOND ASSISTANT TREASURER - DIRECTOR 0.50 0.00 X X 0 0 0 JAMES KENNEY III SECRETARY - DIRECTOR 0.25 0.00 X 0 0 0 ALAN KAMEI DIRECTOR 0.25 0.00 X 0 0 0 ANGELA CURRY DIRECTOR (ENDED 1/8/24) 0.25 0.00 X 0 0 0 ANITA STREETER DIRECTOR 0.25 0.00 X 0 0 0 ANN GEORGEHEAD DIRECTOR 0.25 0.00 X 0 0 0 ASHLEY NOLAND DIRECTOR 0.25 0.00 X 0 0 0 CARL M THOMAS DIRECTOR 0.25 0.00 X 0 0 0 CHRIS MORRIS DIRECTOR 0.25 0.00 X 0 0 0 CLARK BUD ORR DIRECTOR 0.25 0.00 X 0 0 0 DANIEL GIFFORD DIRECTOR 0.25 0.00 X 0 0 0 ELIZABETH LIBBY VOYLES DIRECTOR 0.25 0.00 X 0 0 0 EMILY BINGHAM DIRECTOR 0.25 0.00 X 0 0 0 JAMES ALLEN DIRECTOR 0.25 0.00 X 0 0 0 JANE GOLDSTEIN DIRECTOR 0.25 0.00 X 0 0 0 JILL GOLDEN DIRECTOR 0.25 0.00 X 0 0 0 JIM HAYNES DIRECTOR 0.25 0.00 X 0 0 0 JOHN DAVID MYLES DIRECTOR 0.25 0.00 X 0 0 0 LINDY B STREET DIRECTOR 0.25 0.00 X 0 0 0 MADISON HAMMAN DIRECTOR 0.25 0.00 X 0 0 0 MARSHALL FARRER DIRECTOR 0.25 0.00 X 0 0 0 ORME SANDY WILSON III DIRECTOR 0.25 0.00 X 0 0 0 PHIL POINDEXTER DIRECTOR 0.25 0.00 X 0 0 0 SHELLIE BENOVITZ DIRECTOR 0.25 0.00 X 0 0 0 SUSAN DABNEY LAVIN DIRECTOR 0.25 0.00 X 0 0 0 TED STEINBOCK MD DIRECTOR 0.25 0.00 X 0 0 0 WESTRAY COBB DIRECTOR 0.25 0.00 X 0 0 0 WILLIAM SUMMERS V DIRECTOR 0.25 0.00 X 0 0 0 RICHARD HC CLAY PRESIDENT & CEO (ENDED 12/31/24) 40.00 0.00 X 228744 0 7431 MILOS D MALDONADO CHIEF FINANCIAL OFFICER 40.00 0.00 X 113123 0 14817 JULIE SCOSKIE JAMES VICE PRESIDENT (ENDED 12/11/24) 40.00 0.00 X 139014 0 6089 PATRICK A LEWIS DIRECTOR OF COLLECTIONS AND RESEARCH 40.00 0.00 X 118278 0 9447 599159 0 37784 4 0 1 0 0 352937 31367 1328652 172324 1712956 PROGRAMS 900099 113049 113049 PUBLICATIONS 900099 27618 27618 RESEARCH INCOME 900099 16045 16045 PUBLIC ARCHIVE ACCESS 900099 3435 3435 160147 1132823 1132823 22799 731 22068 22068 22068 4698430 4839151 -140721 -140721 -140721 29162 31367 27311 1851 1851 7540 12658 -5118 -5118 MISCELLANEOUS INCOME 900099 11578 11578 11578 2895584 166607 0 1016021 364115 166308 137778 60029 1752006 1456545 140084 155377 54209 44420 4283 5506 113197 95687 6742 10768 152071 117404 19238 15429 7030 2149 4560 321 32707 9997 21214 1496 81741 81741 38787 30185 5294 3308 162774 141700 389 20685 44527 21935 20498 2094 67320 20577 43664 3079 280103 254263 12920 12920 25424 7771 16490 1163 12194 3727 7909 558 489878 440890 24494 24494 51712 46272 2746 2694 PROGRAMMING 172147 162657 3125 6365 HISTORICAL COLLECTIONS 71758 71758 ARCHIVAL & MUSEUM SUPPL 21262 21262 DUES & SUBSCRIPTIONS 340 340 4262 1303 2764 195 3999564 3116810 555933 326821 355 355 1101975 1021051 2005460 1600603 31028 26963 16804623 6875726 10398551 9928897 23130315 25489693 9424314 10022341 46091998 48089903 110934 261970 110934 261970 X 31386981 32282241 14594083 15545692 45981064 47827933 46091998 48089903 X -1103980 2352822 598027 X X 0 1 X 1 0 X 1713777 3023574 2978344 3014064 1712956 12442715 1713777 3023574 2978344 3014064 1712956 12442715 1393938 11048777 445405 672444 1106863 1120576 1155622 4500910 1851 1851 17055 6693 9971 6782 11578 52079 16997555 446248 0.65000 0.66970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 34497094 370987 3917002 1426717 37358366 29979569 1537093 4377283 1396851 34497094 35821045 1696757 -6099225 1439008 29979569 32079027 483300 4284153 1025435 35821045 28074227 125534 3006339 1722472 29483628 0.59095 0.40905 0.00000 1 0 409500 409500 14433582 5372134 9061448 951103 836755 114348 1010438 666837 343601 9928897 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 10022341 10022341 X 5811741 2352822 6349 598027 2957198 2854543 81741 -40700 41041 2895584 3964872 6349 40700 47049 3917823 81741 81741 3999564 PART III, LINE 1A: THE SOCIETY'S HISTORICAL COLLECTION IS MADE UP OF ARTIFACTS OF HISTORICAL SIGNIFICANCE, SUCH AS ARTWORK, BOOKS, PHOTOGRAPHS, AND MANUSCRIPTS. ITEMS ARE CATALOGED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. THE COST OF OBJECTS PURCHASED IS INCLUDED AS AN EXPENSE IN THE STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS. FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023, THE SOCIETY PURCHASED HISTORICAL OBJECTS FOR $23,252 AND $38,602, RESPECTIVELY. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS. PART III, LINE 4: THE SOCIETY'S HISTORICAL COLLECTION IS MADE UP OF ARTIFACTS OF HISTORICAL SIGNIFICANCE, SUCH AS ARTWORK, BOOKS, PHOTOGRAPHS, AND MANUSCRIPTS. ITEMS ARE CATALOGED, PRESERVED AND CARED FOR, AND ACTIVITES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINOUSLY. THE FILSON HISTORICAL SOCIETY OPERATES WITH A PURPOSE TO COLLECT AND PRESERVE HISTORICAL MATERIALS, TO PUBLISH AND DISSEMINATE HISTORICAL INFORMATION AND TO STIMULATE THE PUBLIC'S INTEREST IN HISTORICAL INQUIRY. SUCH COLLECTION FURTHERS THIS MISSION. PART V, LINE 4: THE INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS ARE TO SUPPORT ITS PROGRAMS AND OPERATIONS. PART X, LINE 2: THE SOCIETY IS EXEMPT FROM INCOME TAXES PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE SOCIETY HAS ALSO BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. THE SOCIETY RECOGNIZES UNCERTAIN INCOME TAX POSITIONS USING THE MORE LIKELY THAN NOT APPROACH AS DEFINED IN THE ASC. NO LIABILITY FOR UNCERTAIN TAX POSITIONS HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL TRUSTS 598,027. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSE -731. EVENTS EXPENSE -27,311. COGS -12,658. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 731. EVENTS EXPENSE 27,311. COGS 12,658. PART V, LINE 1A THE 2021 BEGINNING BALANCE OF THE ENDOWMENT WAS RESTATED TO REFLECT A RECLASSIFICATION/RESTATEMENT OF RESTRICTED NET ASSETS ON THE AUDITED FINANCIALS STATEMENTS BETWEEN BOARD DESIGNATED ENDOWMENT ASSETS AND BENEFICIAL INTEREST IN TRUST FILSON CLAY CLASSIC 60529 31367 29162 6163 12872 4128 4148 60529 31367 29162 6163 12872 4128 4148 27311 1851 X X X 0 0 0 0 0 0 0 0 0 RICHARD HC CLAY PRESIDENT & CEO (ENDED 12/31/24) 228744 0 0 0 0 0 0 0 7431 0 236175 0 0 0 PART I, LINE 3 IN ESTABLISHING THE COMPENSATION OF THE CEO, THE FILSON REVIEWED 990S OF OTHER NONPROFIT ORGANIZATIONS IN ORDER TO DETERMINE THE COMPENSATION PAID TO THEIR PRESIDENT AND CEO. FINAL COMPENSATION WAS APPROVED BY THE FILSON'S BOARD OF DIRECTORS. X 2250 RETAIL COST X 1192 RETAIL COST X 7 164582 FMV ON DATE OF GIFT X 20 4300 RETAIL COST 0 0 1 0 PART I, COLUMN (B): THE NUMBER REPORTED IN COLUMN B OF SCHEDULE M FOR ALL DONATIONS REPRESENTS THE NUMBER OF CONTRIBUTIONS FOR EACH RESPECTIVE CATEGORY. PART I, LINE 33: THE ORGANIZATION DOES NOT REPORT CONTRIBUTIONS OF HISTORICAL TREASURES AS REVENUE BECAUSE THE ORGANIZATION DOES NOT CAPITALIZE ITS COLLECTIONS AS ALLOWED UNDER SFAS 116 (ASC 958-360-25). FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FINANCE COMMITTEE REVIEWS THE FORM 990 PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE COMPLETED AT LEAST ANNUALLY BY EVERY OFFICER, DIRECTOR AND KEY EMPLOYEE. NO EXCEPTIONS TO REPORT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE PRESIDENT & CEO IS APPROVED BY THE FILSON BOARD OF DIRECTORS. THE PROCESS INVOLVES AN ANNUAL PERFORMANCE REVIEW CONDUCTED BY THE CHAIR OF THE BOARD AND THE CHAIR OF THE GOVERNANCE COMMITTEE, WITH A RECOMMENDATION TO THE FULL BOARD FOR APPROVAL. FOR OTHER LEADERSHIP TEAM EMPLOYEES, MULTIPLE COMPARABLES ARE PULLED FROM LIKE ORGANIZATIONS AND SIMILAR FIELDS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INTEREST IN BENEFICIAL TRUST 598,027. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. USE OF A FINANCE COMMITTEE COMPRISED OF THE BOARD TREASURER SERVING AS COMMITTEE CHAIR AND AT LEAST THREE ADDITIONAL VOTING BOARD MEMBERS. THE COMMITTEE REVIEWS INFORMATION AND REPORTS TO THE FULL BOARD OF DIRECTORS.