2025-09-02T12:01:02-05:00 2024-12-31 541953476 DAVIDSON DOYLE & HILTON LLP PO BOX 800 LYNCHBURG VA 245050800 990 2024-01-01 541713204 AMAZEMENT SQUARE AMAZ 4348451888 27 9TH STREET LYNCHBURG VA 24504 MORT SAJADIAN PHD PRESIDENT & CEO 4348451888 2025-08-27 1 0 AMY A GALLAGHER CPA P00884747 4348467611 2024 2025-03-06 01:10:19Z MORT SAJADIAN PHD 27 NINTH STREET LYNCHBURG VA 24504 1919392 0 X WWW.AMAZEMENTSQUARE.ORG X 1993 VA AMAZEMENT SQUARE CULTIVATES AN ENGAGED COMMUNITY OF LIFELONG LEARNERS BY SPARKING IMAGINATION, CREATIVITY, AND CURIOSITY. 22 22 41 72 871 0 699832 442140 652920 608172 36823 222049 101232 230498 1490807 1502859 0 0 0 0 1076729 1111942 0 0 158123 720170 698431 1796899 1810373 -306092 -307514 7595875 7194229 349778 176924 7246097 7017305 THE MUSEUM'S MISSION IS DEDICATED TO MOTIVATING CHILDREN AND ADULTS OF ALL BACKGROUNDS AND ABILITIES TOWARD GREATER CREATIVITY AND UNDERSTANDING OF THEMSELVES AND THE WORLD THROUGH HANDS-ON LEARNING. 0 0 1404580 863265 OPERATION OF A CHILDREN'S MUSEUM DEDICATED TO MOTIVATING CHILDREN AND ADULTS OF ALL BACKGROUNDS AND ABILITIES TOWARDS GREATER CREATIVITY AND UNDERSTANDING OF THE WORLD THROUGH HANDS-ON LEARNING AND EDUCATIONAL PROGRAMS. 1404580 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 1 41 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 VA X MORT SAJADIAN 4348451888 27 9TH STREET LYNCHBURG VA 24504 GARTH AINSLIE DIRECTOR 2.00 X 0 0 0 TERESA L BRENNAN DIRECTOR 2.00 X 0 0 0 JENNIFER BRYANT-FOSTER DIRECTOR 2.00 X 0 0 0 FAYE FERGUSON DIRECTOR 2.00 X 0 0 0 KASEY FOREHAND DIRECTOR 2.00 X 0 0 0 FRANCES J GILES SECRETARY 2.00 X X 0 0 0 HYLAN T HUBBARD III DIRECTOR 2.00 X 0 0 0 D TODD IRBY CHAIR 2.00 X X 0 0 0 BEVERLY MCCLOSKEY DIRECTOR 2.00 X 0 0 0 ROBERT O'BRIAN DIRECTOR 2.00 X 0 0 0 THOMAS W PETTYJOHN JR TREASURER 2.00 X X 0 0 0 MARTHA SEUFER DIRECTOR 2.00 X 0 0 0 AMANDA SMITHSON DIRECTOR 2.00 X 0 0 0 ERIC SORENSON JR DIRECTOR 2.00 X 0 0 0 ANDREW DAVIDSON DIRECTOR 2.00 X 0 0 0 W KENT VAN ALLEN JR DIRECTOR 2.00 X 0 0 0 CARISSA KREGENOW DIRECTOR 2.00 X 0 0 0 LYNCH VRANIAN DIRECTOR 2.00 X 0 0 0 JACOBEN TONE DIRECTOR 2.00 X 0 0 0 SCOTT BRANBRAND VICE CHAIR 2.00 X X 0 0 0 SUE OTT ROWLANDS DIRECTOR 2.00 X 0 0 0 KATE SIGLER DIRECTOR 2.00 X 0 0 0 MORT SAJADIAN PHD PRESIDENT/CEO 40.00 X 184000 0 9200 184000 0 9200 1 0 1 0 0 442140 442140 MUSEUM ADMISSION 713990 247363 247363 BIRTHDAYS,CLASSES,RENT 713990 154493 154493 MUSEUM MEMBERSHIPS 713990 110256 110256 TOURS 713990 96060 96060 608172 65997 65997 502788 7943 347607 7072 155181 871 156052 155181 871 180245 49659 130586 130586 13537 12195 1342 1342 EARNED INCOME CREDIT 713990 87223 87223 GAIN ON CSV 713990 9995 9995 MISCELLANEOUS 713990 1352 1352 98570 1502859 863265 871 196583 184000 58880 88320 36800 786924 679022 28191 79711 19120 19120 43867 33339 5264 5264 78031 59304 9364 9363 7400 7400 13606 13606 5278 5278 12514 12514 267095 267095 56471 50824 5647 UTILITIES 73612 66251 7361 EQUIPMENT AND EXHIBITS 45690 45690 REPAIRS & MAINTENANCE 42768 38491 4277 TELEPHONE 30685 24548 2762 3375 143312 47616 72086 23610 1810373 1404580 247670 158123 217411 122872 155364 73309 31970 19135 19539 22787 12991 11755703 6880671 5085907 4875032 1988055 1960479 97629 107624 7595875 7194229 31188 17613 297000 143823 21590 15488 349778 176924 X 5111091 4996089 2135006 2021216 7246097 7017305 7595875 7194229 -307514 66875 11847 0 X X 0 1 X 1 0 X 1025480 1173772 1247202 1015913 735488 5197855 1025480 1173772 1247202 1015913 735488 5197855 474698 4723157 38668 42576 43312 55054 65997 245607 -1049 -3114 2267 362 1342 -192 990 2145 1162 768 1352 6417 5449687 1739829 0.86670 0.86970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1988055 1095 262920 291591 1960479 1820174 80 242801 75000 1988055 1999628 40 -179494 1820174 1687480 5 357143 45000 1999628 1749405 34 123041 185000 1687480 1.00000 0 0 77118 77118 8379361 3895130 4484231 384892 272549 112343 454446 372198 82248 2459886 2340794 119092 4875032 ACCRUED PAYROLL 12441 ACCRUED PAYROLL TAXES 3047 15488 X 1646737 66874 33889 56721 157484 1489253 13606 13606 1502859 1848619 22042 56721 78763 1769856 13606 26911 40517 1810373 PART X, LINE 2: THE FINANCIAL ACCOUNTING STANDARDS BOARD ISSUED ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH PRESCRIBED A COMPREHENSIVE MODEL FOR HOW AN ORGANIZATION SHOULD MEASURE, RECOGNIZE, PRESENT, AND DISCLOSE IN ITS FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT AN ORGANIZATION HAS TAKEN OR EXPECTS TO TAKE ON A TAX RETURN. THE MUSEUM HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE MUSEUM BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE MUSEUM FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE MUSEUM HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2024 AND 2023. FISCAL YEARS ENDING ON OR AFTER DECEMBER 31, 2021 REMAIN SUBJECT TO EXAMINATION BE FEDERAL AND STATE TAX AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CONCESSIONS EXPENSE NETTED IN REVENUE SPECIAL EVENT EXPENSES NETTED ON AUDIT REPORT PART XII, LINE 2D - OTHER ADJUSTMENTS: CONCESSIONS EXPENSES NETTED AGAINST REVENUE SPECIAL EVENT EXPENSES NETTED ON AUDIT REPORT PART XII, LINE 4B - OTHER ADJUSTMENTS: BOOK/TAX DEPRECIATION DIFFERENCE UGLY BUG BALL 180245 180245 49659 180245 180245 49659 49659 130586 1 X X X 0 0 0 0 0 0 0 0 0 MORT SAJADIAN PHD PRESIDENT/CEO 184000 0 0 0 0 0 9200 0 0 0 193200 0 0 0 PART I, LINE 3 THE CEO'S COMPENSATION IS REVIEWED ANNUALLY AS PART OF THE BUDGET PROCESS AND APPROVED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING THE 990, IT IS REVIEWED BY THE PRESIDENT & CEO AND TREASURER. IT IS THEN SUBSEQUENTLY APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS OUTLINED IN THE STAFF HANDBOOK. EMPLOYEES ARE REQUIRED TO SIGN AN ACKNOWLEDGEMENT THAT THEY HAVE READ AND UNDERSTAND THIS POLICY UPON EMPLOYMENT AT THE MUSEUM. ANY POTENTIAL CONFLICTS IDENTIFIED BY THE ORGANIZATION ARE REQUIRED TO BE DISCLOSED. ALL CONTRACTS ARE SUBJECT TO A COMPETITIVE BIDDING PROCESS TO AVOID ANY FAVORABLE TREATMENT. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT/CEO'S PERFORMANCE IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE'S EVALUATION OF THE PRESIDENT/CEO INCLUDES AN ASSESSMENT OF COMPARABLE COMPENSATION BASED ON DATA PROVIDED BY THE ASSOCIATION OF CHILDREN'S MUSEUMS (ACM) AND THE SOUTHEASTERN MUSEUMS CONFERENCE (SMC). COMPENSATION OF OTHER KEY STAFF ARE DETERMINED BY THEIR DIRECT SUPERVISOR AND THE PRESIDENT/CEO BASED UPON EACH INDIVIDUALS PERFORMANCE AND THE ACM AND SMC SALARY DATA. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, THE ORGANIZATION WILL PROVIDE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART VI, SECTION C, LINE 19: THIS PROCESS HAS NOT CHANGED SINCE PRIOR YEAR.