2024-04-30T10:56:22-05:00 2023-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2023-01-01 522213646 SECURITIES AND EXCHANGE COMMISSION HISTORICAL SOCIETY SECU 2025490158 1101 PENNSYLVANIA AVENUE NW 300 WASHINGTON DC 20004 SUSAN MARKEL PRESIDENT 2025490158 2024-04-30 1 SUSAN MARKEL 999009999 0 RICHARD J LOCASTRO CPA P00288314 3019519090 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z SUSAN MARKEL 1101 PENNSYLVANIA AVENUE NW 300 WASHINGTON DC 20004 433144 0 X WWW.SECHISTORICAL.ORG X 1999 DC SEE PART III, LINE 1. 24 24 2 50 0 0 352818 399830 0 0 11989 32814 302 500 365109 433144 0 0 0 0 248405 218008 0 0 57498 104291 131997 352696 350005 12413 83139 4065426 4161586 42163 21318 4023263 4140268 X TO PRESERVE AND SHARE THE HISTORY OF U.S. FINANCIAL MARKETS AND REGULATION. THE MISSION IS ACCOMPLISHED BY GROWING AND MAKING PUBLICLY AVAILABLE OUR COLLECTION OF UNIQUE MATERIALS THROUGH OUR ONLINE VIRTUAL MUSEUM AND ARCHIVE AT WWW.SECHISTORICAL.ORG. 0 0 85143 THE ON-LINE VIRTUAL MUSEUM AND ARCHIVE AT WWW.SECHISTORICAL.ORG CONTAINS A RICH RESOURCE OF PRIMARY AND UNIQUE MATERIALS ON THE CREATION, GROWTH AND IMPACT OF CAPITAL MARKETS REGULATION FROM THE 20TH CENTURY TO THE PRESENT. THE VIRTUAL MUSEUM HOUSES A DIGITAL COLLECTION OF MATERIALS SELECTED FOR INCLUSION BECAUSE OF THE HISTORICAL IMPORTANCE OF THE SUBJECT MATTER. TO DATE, THE PERMANENT COLLECTION INCLUDES HUNDREDS OF ORAL HISTORIES, ROUNDTABLES AND PANEL PROGRAMS FEATURING EXPERTS FROM ALL CORNERS OF THE SECURITIES MARKETS - REGULATORY, CORPORATE, LEGISLATIVE, INVESTOR, AND ACADEMIC - WHO HAVE HAD A DIRECT AND SIGNIFICANT ROLE IN, OR IMPACT UPON, THE FUNCTIONING OF THE U.S. CAPITAL MARKETS. OTHER ITEMS IN THE MUSEUM INCLUDE LETTERS, PHOTOS, SPEECHES, PAPERS AND OTHER MATERIALS (CONTINUED ON SCHEDULE O)RELEVANT TO THE DEVELOPMENT, OVERSIGHT AND HISTORY OF THE SECURITIES MARKETS. THE MUSEUM'S COLLECTION OF MATERIALS ASSISTS RESEARCHERS AND THE PUBLIC IN UNDERSTANDING HOW THE STATUTES, REGULATIONS AND POLICIES FOR THE CAPITAL MARKETS HAVE DEVELOPED AND BEEN INTERPRETED FROM THE 1900'S TO THE PRESENT. ENTRANCE TO THE VIRTUAL MUSEUM IS FREE TO ANYONE WITH INTERNET ACCESS. 85143 1 1 0 0 0 0 0 1 0 0 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 6 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA MD MA NJ NY PA X KATHLEEN GRAHAM 2025490158 1101 PENNSYLVANIA AVENUE NW 300 WASHINGTON DC 20004 JAMES W BARRATT CHAIR 1.00 X X 0 0 0 SUSAN G MARKEL PRESIDENT 1.00 X X 0 0 0 MEREDITH B CROSS PRESIDENT-ELECT 1.00 X X 0 0 0 SHELLEY E PARRATT TREASURER 1.00 X X 0 0 0 LORI A RICHARDS SECRETARY 1.00 X X 0 0 0 RONALD C LONG VP-DEVELOPMENT & ENGAGEMEN 1.00 X X 0 0 0 G JEFFREY BOUJOUKOS VP-MUSEUM 1.00 X X 0 0 0 LARA ABRASH TRUSTEE 0.50 X 0 0 0 WILLIAM R BAKER III TRUSTEE 0.50 X 0 0 0 JAMES R BURNS TRUSTEE 0.50 X 0 0 0 PETER K M CHAN TRUSTEE 0.50 X 0 0 0 ALAN L DYE TRUSTEE 0.50 X 0 0 0 LISA M FAIRFAX TRUSTEE 0.50 X 0 0 0 K SUSAN GRAFTON TRUSTEE 0.50 X 0 0 0 KEIR GUMBS TRUSTEE 0.50 X 0 0 0 DANIEL M HAWKE TRUSTEE 0.50 X 0 0 0 ROBERTA S KARMEL TRUSTEE 0.50 X 0 0 0 ARTHUR B LABY TRUSTEE 0.50 X 0 0 0 HAIMA V MARLIER TRUSTEE 0.50 X 0 0 0 KATHRYN B MCGRATH TRUSTEE 0.50 X 0 0 0 JOAN E MCKOWN TRUSTEE 0.50 X 0 0 0 ANNETTE L NAZARETH TRUSTEE 0.50 X 0 0 0 KRISTOFER K SWANSON TRUSTEE 0.50 X 0 0 0 ERICA WILLIAMS TRUSTEE 0.50 X 0 0 0 JANE COBB EXECUTIVE DIRECTOR (UNTIL 5/31/23) 40.00 X 107508 0 4615 KATHLEEN GRAHAM EXECUTIVE DIRECTOR (FROM 06/01/23) 40.00 X 92308 0 13391 199816 0 18006 1 0 0 0 0 399830 399830 32814 32814 MISCELLANEOUS 900099 500 500 500 433144 0 0 33314 202942 63686 90491 48765 15066 4728 6718 3620 57640 57640 17867 414 17453 7100 7100 1310 1310 18468 5796 8234 4438 6339 2685 3654 2810 882 1253 675 5606 5606 MUSEUM MAINTENANCE 6952 6952 PAYROLL PROCESSING 3456 3456 MISCELLANEOUS 3025 3025 EQUIPMENT EXPENSES 1424 1424 350005 85143 207364 57498 108736 38666 1009433 1086865 35830 32053 4070 3010 14743 14743 0 0 309605 348852 2597752 2652140 4065426 4161586 42163 21318 42163 21318 X 3990763 4104268 32500 36000 4023263 4140268 4065426 4161586 83139 33866 0 X 0 1 X 1 0 X 750923 389751 469354 352818 399830 2362676 750923 389751 469354 352818 399830 2362676 279442 2083234 17658 16883 9527 11989 32814 88871 674 389 302 500 1865 2453412 0.84910 0.79720 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2626872 X X X X 0 14743 14743 0 0 VIRTUAL MUSEUM COLLECTION 2626842 DONATED ARTWORK 25000 SECURITY DEPOSIT 298 2652140 522010 33866 55000 88866 433144 0 433144 405005 55000 55000 350005 0 350005 PART III, LINE 1A: THE SOCIETY HAS CAPITALIZED THE COLLECTION OF THE VIRTUAL MUSEUM AND ARCHIVE SINCE THE MUSEUM'S INCEPTION IN MARCH 2002. AS OF DECEMBER 31, 2023, THE MUSEUM COLLECTION TOTALED 10,965 PRIMARY MATERIALS: PAPERS, PHOTOS, ORAL HISTORIES, PROGRAMS, FILM, RADIO AND TELEVISION MEDIA, TIMELINE DEVELOPMENTS, GALLERY ESSAYS AND EXHIBITS. NO MATERIALS WERE DE-ACCESSIONED FROM THE COLLECTION IN 2023. FOR THE YEAR ENDED DECEMBER 31, 2023, THE COSTS TO UTILIZE OUTSIDE VENDORS IN BUILDING THE COLLECTION OF THE VIRTUAL MUSEUM AND ARCHIVE TOTALED $57,726. AS OF DECEMBER 31, 2022, THE ACCUMULATED COSTS INCURRED IN BUILDING THE VIRTUAL MUSEUM AND ARCHIVE TOTALED $2,626,872. THE SOCIETY PERIODICALLY REVIEWS THE CARRYING VALUE OF THE VIRTUAL MUSEUM AND ARCHIVE COLLECTION AND PERFORM A QUALITATIVE IMPAIRMENT ANALYSIS. DURING THE YEAR ENDED DECEMBER 31, 2023, THE ASSESSMENT CONCLUDED THAT NO IMPAIRMENT PROVISION WAS DEEMED NECESSARY. PART III, LINE 4: THE VIRTUAL MUSEUM AND ARCHIVE IS THE PREEMINENT SOURCE FOR TRUSTED AND VERIFIED INFORMATION AND MATERIAL ON THE REGULATION OF THE CAPITAL MARKETS FROM THE 20TH CENTURY TO THE PRESENT, FULFILLING THE SOCIETY'S MISSION TO SHARE, PRESERVE AND ADVANCE KNOWLEDGE OF THE HISTORY OF FINANCIAL REGULATION. X 220 COST - SEE PART II 0 0 1 0 PART I, COLUMN (B): THIS COLUMN REPORTS THE NUMBER OF ITEMS RECEIVED. PART I, LINE 33: THE SECURITIES AND EXCHANGE COMMISSION HISTORICAL SOCIETY DOES NOT ASSIGN ANY VALUE TO THE MATERIALS ADDED TO THE VIRTUAL MUSEUM AND ARCHIVE, OTHER THAN THE COST OF UTILIZING OUTSIDE VENDORS TO ACCESSION THOSE MATERIALS INTO THE MUSEUM COLLECTION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS. THE SOCIETY BOARD OF TRUSTEES REVIEWED THE FORM 990 PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH TRUSTEE AND THE EXECUTIVE DIRECTOR MUST SIGN A STATEMENT OF COMPLIANCE WITH THE CODE OF ETHICS AND DISCLOSE ANY EXCEPTIONS. THE PRESIDENT AND CHAIRMAN OF THE BOARD REVIEW ALL CONFLICTS AS THEY ARISE AND TAKE ACTIONS AS DEEMED NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 IN 2023, THERE WAS A TRANSITION TO A NEW EXECUTIVE DIRECTOR ON JUNE 1ST. THE PRIOR EXECUTIVE DIRECTOR DID NOT RECEIVE AN INCREASE, BONUS OR CHANGE TO THE COMPENSATION. DUE TO THE UNIQUE NATURE OF THE ORGANIZATION'S BUSINESS, COMPARABLE DATA IS NOT AVAILABLE. WHEN APPLICABLE, ALL DECISIONS REGARDING EXECUTIVE SALARIES ARE APPROVED BY THE BOARD DURING EXECUTIVE SESSION AND THE EXECUTIVE DIRECTOR IS NOTIFIED OF DECISIONS AS APPROPRIATE. INITIAL COMPENSATION OF THE NEW EXECUTIVE DIRECTOR WAS DETERMINED AFTER THE NOMINATIONS AND GOVERNANCE COMMITTE CONDUCTED RESEARCH ON PAY LEVELS FOR NON-PROFIT EXECUTIVE DIRECTORS IN THE D.C. REGION. THIS INFORMATION WAS USED TO DEVELOP A POTENTIAL RANGE GIVEN THE ENTITY'S SIZE AND BUDGET. FORM 990, PART VI, SECTION C, LINE 19 THE SOCIETY'S ANNUAL REPORTS THROUGH 2022, WHICH INCLUDE THE AUDITED FINANCIAL STATEMENTS, ARE AVAILABLE AT ALL TIMES ON WWW.SECHISTORICAL.ORG. THE CODE OF ETHICS CAN BE ACCESSED ONLINE AT WWW.SECHISTORICAL.ORG/SEC/ABOUT. THE OTHER GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.