2025-08-14T12:01:35-05:00 2024-09-30 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2023-10-01 135562383 AMERICAN NUMISMATIC SOCIETY AMER 2125714470 75 VARICK STREET 11TH FLOOR NEW YORK NY 10013 DR UTE WARTENBERG KAGAN EXECUTIVE DIRECTOR 2125714470 2025-08-15 1 1 EVA MRUK P00543254 2122862600 2025-08-06 2023 2025-03-06 01:10:19Z DR UTE WARTENBERG KAGAN 75 VARICK STREET 11TH FLOOR NEW YORK NY 10013 41548418 0 X WWW.NUMISMATICS.ORG X 1865 NY TO PROMOTE AND ADVANCE THE STUDY, RESEARCH, AND APPRECIATION OF NUMISMATICS. 23 22 29 30 45011 0 1574379 1359203 815545 404454 821591 3230405 24653 26408 3236168 5020470 49500 29572 0 0 2302656 2264033 0 0 349207 2880689 2678312 5232845 4971917 -1996677 48553 55992566 59587096 8016624 5979912 47975942 53607184 X THE MISSION OF THE AMERICAN NUMISMATIC SOCIETY IS TO PROMOTE AND ADVANCE THE STUDY, RESEARCH, AND APPRECIATION OF NUMISMATICS. 0 0 2604909 0 212914 COLLECTIONS:THE SOCIETY'S COLLECTION OF OVER 800,000 COINS AND RELATED OBJECTS IS ONE OF AMERICA'S TREASURES. IT ABOUNDS IN BOTH LARGE STUDY COLLECTIONS AND GREAT RARITIES, AND IS PARTICULARLY STRONG IN ANCIENT GREEK, ROMAN, ISLAMIC, FAR EASTERN, U.S., AND COLONIAL COINAGES, AS WELL AS MEDALLIC ART. IN MAKING ITS RESOURCES AVAILABLE FOR BROAD STUDY AND ENJOYMENT, THE ANS LENDS ITEMS TO OTHER INSTITUTIONS AROUND THE USA AND THE WORLD. CURRENTLY, OVER 432 OBJECTS ARE ON LOAN TO PERMANENT AND TEMPORARY EXHIBITIONS. 506078 0 193964 PUBLICATIONS PROGRAM:THE ANS IS THE PREEMINENT PUBLISHER IN PRINT OF NUMISMATIC MATERIAL IN THE UNITED STATES. OFFERINGS INCLUDE TWO SCHOLARLY JOURNALS, THE AMERICAN JOURNAL OF NUMISMATICS AND THE JOURNAL OF EARLY AMERICAN NUMISMATICS; AND THE QUARTERLY ANS MAGAZINE, WHICH PRESENTS REGULAR COLUMNS FROM THE SOCIETY'S VARIOUS DEPARTMENTS AND CONTRIBUTIONS FROM INDIVIDUAL CURATORS. THE ANS PUBLISHES ON AVERAGE FOUR NEW BOOKS A YEAR ON NUMISMATIC SUBJECTS, AND HAS MORE THAN 50 CURRENTLY IN PRINT. MANY OF ITS OLDER PUBLICATIONS ARE AVAILABLE IN DIGITAL FORMAT AS OPEN ACCESS. THE ANS ALSO MAKES ITS OLDER, OUT-OF-PRINT BOOKS AVAILABLE AS PRINT-ON-DEMAND EDITIONS.THE ANS IS ALSO A RECOGNIZED LEADER IN THE PUBLICATION OF SOPHISTICATED OPEN ACCESS ONLINE RESOURCES FOR THE STUDY AND RESEARCH OF COINS OF VARIOUS PERIODS. THESE INCLUDE ONLINE COINS OF THE ROMAN EMPIRE (NUMISMATICS/ORG/OCRE) AND HELLENISTIC ROYAL COINAGES (NUMISMATICS.ORG/HRC), BOTH OF WHICH RECEIVED SUBSTANTIAL DEVELOPMENT FUNDING FROM THE NATIONAL ENDOWMENT FOR THE HUMANITIES. 547740 29572 372 EDUCATIONAL PROGRAMS:THE ANS CONDUCTS A VARIETY OF EDUCATIONAL AND OUTREACH PROGRAMS FOR STUDENTS, PROFESSIONAL AND AMATEUR NUMISMATISTS, AND THE GENERAL PUBLIC. THESE PROGRAMS INCLUDE:-AN ANNUAL SUMMER GRADUATE SEMINAR IN NUMISMATICS, WHICH SINCE 1952 HAS GRADUATED MORE THAN 600 PARTICIPANTS.-AN ONLINE EDUCATIONAL PROGRAM, ANS LYCEUM, THAT RUNS 4-TO-6-WEEK LONG COURSES TWO TO THREE TIMES A YEAR ON A VARIETY OF TOPICS.-PUBLIC LECTURES AND CONFERENCES, INCLUDING ANNUAL LECTURES BY ANS AWARDS' HONOREES AND GUEST SPEAKERS ON TOPICS RANGING FROM MEDALLIC ART TO ANCIENT, WORLD, AND AMERICAN COINAGES.-6-8 VOLUNTEERS ANNUALLY AND MAY ALSO HAVE UP TO TWO INTERNSHIPS PER YEAR IN MUSEUM, LIBRARY, AND ARCHIVAL DISCIPLINES. -PUBLICATION OF BOOKS AND ARTICLES BY THE ANS CURATORIAL STAFF AND OTHERS. -LECTURES AND TEACHING BY THE STAFF AT CONFERENCES AND WORKSHOPS IN THE U.S. AND ABROAD. -OVER THE COURSE OF THE YEAR THE SOCIETY ALSO ROUTINELY WELCOMES APPROXIMATELY A DOZEN SCHOOL GROUPS TO LEARN ABOUT MONEY AND NUMISMATICS. SINCE THE FOUNDING OF THE ANS MORE THAN 160 YEARS AGO, THE INSTITUTION HAS ACTIVELY SOUGHT THE BEST METHODS FOR SECURING AND ORGANIZING THE COLLECTION PHYSICALLY, AS WELL AS FOR MAKING THE CONTENTS OF THE COLLECTION ACCESSIBLE TO THE PUBLIC AT LARGE THROUGH PUBLICATIONS AND DIGITAL CATALOGING EFFORTS. THE ANS IS CURRENTLY THE LEADING NUMISMATIC INSTITUTION IN THE WORLD FOR DEVELOPING COMPREHENSIVE ONLINE RESEARCH TOOLS THAT HIGHLIGHT THE COLLECTION HOLDINGS. 3658727 1 1 0 0 0 0 0 1 1 1 1 1 0 1 1 1 1 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 18 0 29 1 1 1 0 0 0 0 1 1 1 5 0 0 0 0 0 X 23 22 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 AL CA FL GA IL MA MD MI MN MS NH NJ NC NY PA VA WI X X DR UTE WARTENBERG KAGAN 2125714470 75 VARICK STREET 11TH FLOOR NEW YORK NY 10013 DR UTE WARTENBERG KAGAN PRESIDENT 40.00 X X 8685 0 58344 MICHAEL BEALL CHAIRMAN 2.00 X X 0 0 0 KENNETH L EDLOW TREASURER/ASST. SECRETARY 4.00 X X 0 0 0 DAVID HENDIN FIRST VICE-PRESIDENT 2.00 X X 0 0 0 DR ANDREW BURNETT SECOND VICE-PRESIDENT 2.00 X X 0 0 0 DAVID ALBERT TRUSTEE 2.00 X 0 0 0 DR KEITH BARRON TRUSTEE 2.00 X 0 0 0 SCOTT BUCK TRUSTEE 2.00 X 0 0 0 DANIEL G COHEN TRUSTEE 2.00 X 0 0 0 CAROLE ANNE MENZI COLLIER TRUSTEE 2.00 X 0 0 0 BETH DEISHER TRUSTEE 2.00 X 0 0 0 DAN HAMELBERG TRUSTEE 2.00 X 0 0 0 PROF SEBASTIAN HEATH TRUSTEE 2.00 X 0 0 0 JONATHAN KAGAN TRUSTEE 2.00 X 0 0 0 ROBERT A KANDEL TRUSTEE 2.00 X 0 0 0 ALEXANDER KRAPF TRUSTEE 2.00 X 0 0 0 MARY N LANNIN TRUSTEE 2.00 X 0 0 0 PROF NOEL LENSKI TRUSTEE 2.00 X 0 0 0 DR HOWARD MINNERS TRUSTEE 2.00 X 0 0 0 JOHN D NEBEL TRUSTEE 2.00 X 0 0 0 ROBERT RODRIGUEZ TRUSTEE 2.00 X 0 0 0 ROBERT RONUS TRUSTEE 2.00 X 0 0 0 DR CHRISTOPHER J SALMON TRUSTEE 2.00 X 0 0 0 LAWRENCE SCHWIMMER TRUSTEE 2.00 X 0 0 0 DR GILLES BRANSBOURG EXECUTIVE DIRECTOR 40.00 X 120246 0 64319 PETER VAN ALFEN CHIEF CURATOR 40.00 X 128183 0 27836 NATHAN ELKINS DEPUTY DIRECTOR 40.00 X 116831 0 29218 373945 0 179717 3 0 1 0 SEAL SECURITY LLC 60 BROAD STREET 24TH FL NEW YORK NY 10004 SECURITY SERVICES 123198 1 188165 1171038 118751 1359203 MEMBERSHIP DUES 900099 142441 142441 SALE OF COLLECTION ITEMS 900099 125143 125143 PUBLICATIONS AND MAGAZINE 513190 96427 51523 44904 SAGE TRIP FEES 541900 29691 29691 EXHIBITION FEES/OTHERS 541900 10380 10380 372 372 404454 1642324 1642324 7910 7910 28899 0 28899 28899 28899 38008646 47700 36468265 0 1540381 47700 1588081 47700 1540381 32035 188165 59683 -27648 -27648 OTHER INCOME 900099 17140 17140 WEBSITE ADVERTISING 541800 107 107 17247 5020470 407250 45011 3209006 29572 29572 260110 88738 133289 38083 1443330 1036963 283932 122435 121858 88669 23045 10144 298782 205838 65210 27734 139953 93576 33305 13072 10226 4946 5280 121564 121564 60105 60105 245208 223614 973 20621 104060 79651 14283 10126 83461 70444 8764 4253 1522409 1289481 156840 76088 14747 7495 600 6652 16502 6807 9614 81 4136 4136 236538 199643 24843 12052 66973 49150 17086 737 PUBLICATIONS 156406 149277 7129 PURCHASE OF COLLECTION 14495 14495 MEMBERSHIP DUES 10709 10709 EXHIBITION AND LECTURES 9659 9659 1114 1114 4971917 3658727 963983 349207 371696 320843 418195 682268 204633 43964 59135 55714 5719393 4894630 1056063 824763 44025198 47603876 3976622 5845335 23138 17899 5857886 4192434 55992566 59587096 219198 165707 41191 30306 5444 5444 150000 150000 7600791 5628455 8016624 5979912 X 24391144 27270318 23584798 26336866 47975942 53607184 55992566 59587096 X 48553 5069849 512840 X X 0 1 X 1 0 X 1562748 3498512 2550849 1574379 1359203 10545691 1562748 3498512 2550849 1574379 1359203 10545691 1677410 8868281 1293390 1364804 3366515 1996676 1679133 9700518 11740 39039 7187 4584 17140 79690 20325899 2326833 0.43630 0.45180 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: BAD DEBT RECOVERY - OTHER INCOME - 2019 AMOUNT: $ 11,740. 2020 AMOUNT: $ 10,477. 2021 AMOUNT: $ 7,187. 2022 AMOUNT: $ 3,411. 2023 AMOUNT: $ 17,140. INSURANCE CLAIMS - 2020 AMOUNT: $ 28,562. 2022 AMOUNT: $ 1,173. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 1 0 1 X 21764207 68465 3942300 1807771 23967201 19899245 627000 3034987 1797025 21764207 25592427 941883 -4899618 1735447 19899245 22099666 598833 4999613 2105685 25592427 20684412 290548 3450613 2325907 22099666 0.07769 0.41887 0.50344 0 0 4210069 3410500 799569 237381 237381 0 1271943 1246749 25194 824763 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 3303500 F PRIVATE EQUITIES 2541835 F 5845335 SECURITY DEPOSIT 4600 RIGHT OF USE ASSET - OPERATING LEASE 4187834 4192434 LEASE PAYABLE 5628455 5628455 X 10543054 5069849 512840 5582689 4960365 60105 60105 5020470 4911812 0 4911812 60105 60105 4971917 PART III, LINE 1A: THE SOCIETY'S COLLECTIONS CONSIST PRIMARILY OF NUMISMATIC OBJECTS AND BOOKS. THEY ARE CATALOGED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED PERIODICALLY. THE SOCIETY'S COLLECTIONS, ACQUIRED THROUGH PURCHASE AND CONTRIBUTIONS, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED IN THE YEAR IN WHICH THE ITEMS WERE ACQUIRED AS DECREASES IN UNRESTRICTED, TEMPORARILY RESTRICTED OR CPERMANENTLY RESTRICTED NET ASSETS, BASED ON THE RESTRICTIONS PLACED ON ASSETS USED TO PURCHASE THE ITEMS. PROCEEDS FROM DEACCESSIONS ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASS, AND ARE USED TO ACQUIRE OTHER ITEMS FOR THE COLLECTION. THE CURRENT VALUE OF THE COLLECTIONS IS NOT READILY DETERMINABLE. PART III, LINE 4: THE SOCIETY'S COLLECTIONS OF COINS, CURRENCY, MEDALS, BOOKS, AND OTHER NUMISMATIC ITEMS, OF ALL HISTORICAL PERIODS AND FROM ALL CULTURES, ARE AMONG THE MOST COMPREHENSIVE AND EDUCATIONALLY VALUABLE COLLECTIONS IN THE WORLD. THE MISSION OF THE SOCIETY IS TO FOSTER APPRECIATION OF THESE OBJECTS AS HISTORICAL AND ARTISTIC ARTIFACTS AND DOCUMENTS, AND TO MAKE THEM AVAILABLE TO SCHOLARS AND THE INTERESTED PUBLIC THROUGH EXHIBITIONS - BOTH AT THE SOCIETY'S HEADQUARTERS AND THROUGH LOANS TO OTHER INSTITUTIONS - PRIVATE VIEWINGS, PUBLICATIONS, AND ONLINE ACCESS. TO THIS LATTER END, AMONG MANY OTHER PROJECTS, THE SOCIETY HAS DIGITIZED IMAGES OF COINS AND MEDALS FROM ITS COLLECTIONS. THE SOCIETY IS ALSO ACTIVELY ENGAGED IN MAKING MANY OF ITS PAST PUBLICATIONS AVAILABLE ONLINE AND ISSUES DIGITAL VERSIONS OF ALL NEW PUBLICATIONS. PART IV, LINE 2B: THE ORGANIZATION HOLDS A SECURITY DEPOSIT FOR A TENANT. PART V, LINE 4: THE ENDOWMENT FUNDS ARE PRIMARILY INVESTED IN MARKETABLE SECURITIES. THE INCOME EARNED ON THESE INVESTMENTS IS USED FOR THE SPECIFIC DESIGNATED PURPOSES AS SPECIFIED BY DONORS OR BY THE BOARD, SUCH AS COIN AND MEDAL PURCHASES, LIBRARY ACQUISITIONS, EDUCATION, AND DEPARTMENTAL SUPPORT. IN ANY YEAR WHEN THE ANNUAL INVESTMENT RETURNS ARE IN EXCESS OF ANNUAL EXPENDITURES, THE EXCESS IS RETAINED IN THE ENDOWMENT. PART X, LINE 2: THE SOCIETY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SOCIETY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE SOCIETY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO FISCAL 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED GAIN IN INTEREST IN PERPETUAL TRUSTS 512,840. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 2541835 0 0 0 0 0 0 2541835 0 2541835 0 0 0 0 0 0 SCHEDULE F, PART IV, LINE 1, 3 AND 4: THE ORGANIZATION IS REQUIRED TO FILE FORM 926 BECAUSE IT MEETS THE APPLICABLE OWNERSHIP THRESHOLD OR OTHER FILING REQUIREMENTS. THE ORGANIZATION IS NOT REQUIRED TO FILE FORM 5471 BECAUSE IT DOES NOT MEET THE APPLICABLE OWNERSHIP THRESHOLD OR OTHER FILING REQUIREMENTS. THE ORGANIZATION IS NOT REQUIRED TO FILE FORM 8621 BECAUSE IT DOES NOT MEET THE APPLICABLE OWNERSHIP THRESHOLD OR OTHER FILING REQUIREMENTS. ANNUAL GALA 220200 188165 32035 18722 33484 7477 220200 188165 32035 18722 33484 7477 59683 -27648 1 SUMMER SEMINAR STIPENDS 7 21000 CHAIRMAN'S FELLOWSHIP AWARD 2 5000 PART I, LINE 2: SUMMER SEMINAR STIPENDS: SINCE 1952, THROUGH THE ERIC P. NEWMAN GRADUATE SUMMER SEMINAR, THE AMERICAN NUMISMATIC SOCIETY HAS OFFERED SELECT GRADUATE STUDENTS AND JUNIOR FACULTY IN SUCH NON-NUMISMATIC DISCIPLINES AS ARCHEOLOGY, HISTORY, ART HISTORY, AND CLASSICS, THE OPPORTUNITY TO WORK HANDS-ON WITH ONE OF THE WORLD'S PREEMINENT NUMISMATIC COLLECTIONS. THE RECIPIENTS MUST SELECT A RESEARCH TOPIC AND MUST COMPLETE A RESEARCH PAPER WHILE IN RESIDENCE. CHAIRMAN'S FELLOWSHIP AWARD: THE CHAIRMAN'S FELLOWSHIPS FOR NUMISMATIC RESEARCH WAS INAUGURATED IN 2023, AND STIPULATES THAT THE ANS WILL AWARD A LIMITED NUMBER OF FELLOWSHIPS EACH YEAR, WORTH BETWEEN $1,500 AND $2,500 EACH, TO QUALIFIED GRADUATE STUDENTS OR SCHOLARS PURSUING SERIOUS NUMISMATIC RESEARCH PROJECTS THAT ARE EXPECTED TO RESULT IN ACADEMIC PUBLICATION. APPLICANTS MUST BE ANS MEMBERS OR FELLOWS IN GOOD STANDING. A SMALL ANS COMMITTEE COMPRISING THE PRESIDENT, THE EXECUTIVE DIRECTOR AND THE DEPUTY DIRECTOR REVIEW THE APPLICATIONS, THAT COME ON A ROLLING BASIS. ALTHOUGH THERE ARE NO STRICT CONDITIONS OR CONTROLS WITH RESPECT TO THE WAY THE AWARD MONEY IS USED, IT IS UNDERSTOOD THAT IT CONTRIBUTES TO SCHOLARLY PROJECTS. SUCCESSFUL APPLICANTS ARE REQUIRED TO GIVE A LECTURE ON THEIR RESEARCH TO THE ANS MEMBERSHIP, WHICH ALLOWS THE ANS AND ITS MEMBERSHIP TO BENEFIT FROM THE RESULTS OF THEIR RESEARCH. X X X X 0 0 0 0 0 0 0 0 0 DR GILLES BRANSBOURG EXECUTIVE DIRECTOR 120246 0 0 0 0 0 14350 0 49969 0 184565 0 0 0 PETER VAN ALFEN CHIEF CURATOR 128183 0 0 0 0 0 13098 0 14738 0 156019 0 0 0 X 6 118751 AVG. SELLING PRICE X 30 0 3 0 1 1 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN PART I, COLUMN (B). PART I, LINE 32B: HIRE AND USE OF THIRD PARTIES: ANS OCCASIONALLY CONTRACTS WITH COMMERCIAL AUCTION HOUSES/COIN DEALERS TO SELL CONTRIBUTIONS OF COINS. THESE GIFTS MAY BE WORKS THAT HAVE BEEN PART OF THE COLLECTION FOR YEARS, OR THEY MAY, LESS FREQUENTLY, BE WORKS OF ART OR PERSONAL PROPERTY DONATED TO THE MUSEUM WITH THE SPECIFIC INTENTION THAT THEY BE SOLD TO REALIZE FUNDS IN CASH. THE TERMS AND CONDITIONS OF THE SALE ARE NEGOTIATED ON A CASE-BY-CASE BASIS. PART I, LINE 33: COIN COLLECTION OBJECTS DONATED TO THE ORGANIZATION ARE EXCLUDED FROM REVENUE IN THE ORGANIZATION'S FINANCIAL STATEMENTS AND IN ACCORDANCE WITH THIS, THE REVENUE IS ALSO EXCLUDED FROM THE FORM 990. FORM 990, PART VI, SECTION A, LINE 2 BOARD TRUSTEE, JONATHAN KAGAN AND BOARD PRESIDENT, UTE WARTENBERG KAGAN HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 THE SOCIETY HAS TWO (2) CLASSES OF MEMBERS: 1. FELLOWS (INCLUDING LIFE FELLOWS AND HONORARY LIFE FELLOWS) ARE ELECTED BY THE BOARD OF TRUSTEES FROM PERSONS NOMINATED BY THE SOCIETY'S NOMINATING AND GOVERNANCE COMMITTEE HAVING DEMONSTRATED EXEMPLARY PERSONAL AND PROFESSIONAL QUALITIES IN NUMISMATICS AND RELATED FIELDS. 2. ASSOCIATE MEMBERS ARE INDIVIDUALS INTERESTED IN NUMISMATICS, WHO APPLY FOR MEMBERSHIP. ASSOCIATE MEMBERSHIP IS GRANTED BY APPROVAL OF THE BOARD OF TRUSTEES. RIGHTS AND PRIVILEGES OF MEMBERSHIP ARE AVAILABLE TO ASSOCIATE MEMBERS, BUT THEY DO NOT HAVE THE RIGHT TO VOTE ON SOCIETY MATTERS, NOR DOES THEIR ATTENDANCE AT MEETINGS CONTRIBUTE TO QUORUM REQUIREMENTS. FORM 990, PART VI, SECTION A, LINE 7A AT THE ANNUAL MEETING OF THE SOCIETY, THE ELECTION OF ONE-THIRD OF THE BOARD OF TRUSTEES TAKES PLACE. FELLOWS ELECT THE TRUSTEES. FELLOWS AND ASSOCIATE MEMBERS ARE ELIGIBLE TO BECOME TRUSTEES. ALL FELLOWS, INCLUDING HONORARY LIFE FELLOWS, ARE ENTITLED TO VOTE. ASSOCIATE MEMBERS DO NOT HAVE THE RIGHT TO VOTE IN BOARD ELECTIONS. FORM 990, PART VI, SECTION A, LINE 7B FELLOWS OF THE SOCIETY HAVE VOTING RIGHTS PURSUANT TO THE SOCIETY'S BY-LAWS, INCLUDING THE POWER TO: 1. ELECT THE BOARD OF TRUSTEES FROM THOSE NOMINATED BY THE NOMINATING AND GOVERNANCE COMMITTEE; 2. ADOPT ALTERATIONS, AMENDMENTS OR ITEMS OF REPEAL TO THE SOCIETY'S MISSION STATEMENT, ARTICLES OF INCORPORATION OR BY-LAWS: 3. SERVE ON BOARD COMMITTEES, AS DESIGNATED AND APPROVED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE SOCIETY HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND IS REVIEWED BY THE DEPUTY DIRECTOR AND THE EXECUTIVE DIRECTOR. A COMPLETE COPY OF THE 990 IS THEN PROVIDED TO ALL MEMBERS OF THE BOARD OF TRUSTEES FOR THEIR REVIEW AND COMMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE AMERICAN NUMISMATIC SOCIETY (ANS) HAS IN PLACE A CONFLICT OF INTEREST POLICY. THE CONFLICT OF INTEREST POLICY AND DISCLOSURE STATEMENT ARE DISTRIBUTED TO ALL TRUSTEES, OFFICERS, AND KEY PERSONS ON AN ANNUAL BASIS AND SUCH PERSONS ARE REQUIRED TO SIGN THE DISCLOSURE STATEMENT, DISCLOSING ANY POTENTIAL CONFLICTS OF INTERESTS. COMPLETED DISCLOSURE STATEMENTS ARE REVIEWED BY THE PRESIDENT OF ANS. IN ADDITION, ANY NEW CONFLICTS OR CHANGE IN CIRCUMSTANCES ARE BROUGHT TO THE ATTENTION OF THE PRESIDENT OF ANS. THE AUDIT COMMITTEE THEN REVIEWS ALL MATTERS INVOLVING CONFLICTS OF INTEREST, INCLUDING POTENTIAL CONFLICTS, AND RECOMMENDS TO THE BOARD OF TRUSTEES WHETHER TO APPROVE SUCH MATTERS. THE APPROVAL OF ANY MATTER INVOLVING A CONFLICT OF INTEREST, INCLUDING POTENTIAL CONFLICTS, MUST REQUIRE THE APPROVAL OF AT LEAST A MAJORITY VOTE OF THE INDEPENDENT MEMBERS OF THE BOARD PRESENT AND VOTING AT THE MEETING. PERSONS HAVING ACTUAL OR APPARENT CONFLICTS MUST RECUSE THEMSELVES FROM DELIBERATIONS AND VOTING ON MATTERS GIVING RISE TO SUCH CONFLICT. DISCUSSIONS OF ANY POTENTIAL CONFLICT OF INTERESTS ARE RECORDED IN THE MINUTES OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A THE PERSONNEL COMMITTEE OF THE BOARD OF TRUSTEES IS CHARGED WITH ANNUALLY DETERMINING, REVIEWING AND APPROVING THE EXECUTIVE DIRECTOR'S COMPENSATION. THE COMMITTEE CONSIDERS ALL AVAILABLE INFORMATION INCLUDING THAT FROM COMPARABLE ORGANIZATIONS (SUCH AS FORM 990S OF SIMILAR NON-PROFITS IN THE SAME GEOGRAPHIC AREA), PUBLISHED COMPENSATION STUDIES, AND CURRENT ECONOMIC CONDITIONS. A FINAL REPORT OF ALL COMPENSATION DECISIONS IS PRESENTED TO THE BOARD OF TRUSTEES AND RECORDED IN THE BOARD MINUTES. THIS PROCESS WAS LAST CONDUCTED IN 2024 FOR FY2024. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE SERVICE CODE. IT IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR WEBSITES. IN ADDITION, THE ORGANIZATION'S FORM 990, AUDITED FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION, AND BY-LAWS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: UNREALIZED GAIN IN INTEREST IN PERPETUAL TRUSTS 512,840. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE SELECTS THE INDEPENDENT ACCOUNTANT AND HAS OVERSIGHT RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS. THIS PROCESS HAS NOT CHANGED FROM THE PROCESS EMPLOYED IN THE PRIOR YEAR.