2024-05-08T13:29:24-05:00 2023-06-30 540737372 PBMARES LLP 701 TOWN CENTER DRIVE SUITE 900 NEWPORT NEWS VA 23606 990 2022-07-01 541703447 PORTSMOUTH MUSEUMS FOUNDATION PORT 7573938983 521 MIDDLE STREET PORTSMOUTH VA 23704 EDWARD BARHAM TREASURER 7573938983 2024-05-06 1 EDWARD BARHAM 999009999 0 EDWARD T YODER CPA P00239134 7578731587 2024-05-06 X 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z EDWARD BARHAM 521 MIDDLE STREET PORTSMOUTH VA 23704 284065 0 X PORTSMOUTHMUSEUMSFOUNDATION.ORG X 1992 VA TO GENERATE PRIVATE AND PUBLIC FUNDS FOR THE CHILDREN'S MUSEUM OF VIRGINIA, AND TO SERVE AS A RECEIVING AGENT FOR FUNDS BENEFITING ALL OF PORTSMOUTH'S CITY MUSEUMS AND RELATED PROJECTS, IN PARTNERSHIP WITH THE CITY OF PORTSMOUTH. 17 17 1 17 0 0 1172148 230701 0 0 24751 28252 45143 -12132 1242042 246821 0 0 0 0 94650 45056 0 22800 25621 411823 83173 506473 151029 735569 95792 4167029 4289103 1179 0 4165850 4289103 TO GENERATE PRIVATE AND PUBLIC FUNDS FOR THE CHILDREN'S MUSEUM OF VIRGINIA, AND TO SERVE AS A RECEIVING AGENT FOR FUNDS BENEFITING ALL OF PORTSMOUTH'S CITY MUSEUMS AND RELATED PROJECTS, IN PARTNERSHIP WITH THE CITY OF PORTSMOUTH. 0 0 98586 THE RESOURCES OF THE PORTSMOUTH MUSEUMS FOUNDATION WILL BE DIRECTED TO BROADEN THE CULTURAL QUALITY OF LIFE IN HAMPTON ROADS. CITY OF PORTSMOUTH MUSEUMS ATTRACTS PRE-K AND ELEMENTARY STUDENTS AND VISITORS FROM EVERY MUNICIPALITY IN HAMPTON ROADS, NEIGHBORING CITIES AND COUNTIES, AND ALL FIFTY STATES, THE MUSEUMS ARE AN EDUCATIONAL AND ECONOMIC ASSET FOR THE ENTIRE REGION. 98586 1 1 0 0 0 0 0 1 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 1 1 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 X X NANCY PERRY 7573938983 521 MIDDLE STREET PORTSMOUTH VA 23704 NANCY PERRY EXECUTIVE DIRECTOR - INTERIM 20.00 X X 15350 0 0 MALLORY TUTTLE PRESIDENT 2.00 X X 0 0 0 BRIDGET HOST VICE PRESIDENT 1.00 X X 0 0 0 EDWARD BARHAM TREASURER 1.00 X X 0 0 0 MEREDITH LEWIS SECRETARY 1.00 X X 0 0 0 BRENDA WINSTON MEMBER 0.50 X 0 0 0 FRAN TAYLOR MEMBER 0.50 X 0 0 0 LINDA SPINDEL MEMBER 0.50 X 0 0 0 KRISTEN SMITH MEMBER 0.50 X 0 0 0 LYNN PERKINSON MEMBER 0.50 X 0 0 0 MAUREEN MIZELLE MEMBER 0.50 X 0 0 0 BRANDY LEE MCNAMEE MEMBER 0.50 X 0 0 0 STEPHEN KORVING MEMBER 0.50 X 0 0 0 WILLIAM S HARGROVES MEMBER 0.50 X 0 0 0 RON GREEN MEMBER 0.50 X 0 0 0 PAULA GLOVER MEMBER 0.50 X 0 0 0 VANESSA EVANS MEMBER 0.50 X 0 0 0 JENNIFER DAVENA MEMBER 0.50 X 0 0 0 CINDA AYERS EXECUTIVE DIRECTOR - FORMER 40.00 X X 37538 0 4858 52888 0 4858 0 0 0 0 0 60396 20746 149559 230701 28252 28252 25112 60396 37244 -12132 -12132 246821 0 0 16120 45056 38748 4506 1802 12304 9843 2461 22800 22800 10343 10343 4055 55 4000 1759 1207 424 128 3600 3096 360 144 228 228 10934 9403 1093 438 PROGRAM EXPENSES 24140 24140 MISCELLANEOUS 7085 3874 3211 CHILDREN'S MUSEUM OF VA 5705 5705 DUES & SUBSCRIPTIONS 2824 2287 424 113 196 196 151029 98586 26822 25621 16280 11680 1285961 1398598 17600 8800 3422 3422 3204 2291 1141 913 960185 1025165 1882440 1840525 4167029 4289103 1179 0 1179 0 X 2918276 2947820 1247574 1341283 4165850 4289103 4167029 4289103 95792 27461 0 X 0 1 X 1 0 X 173574 153321 512091 1172148 170305 2181439 173574 153321 512091 1172148 170305 2181439 601709 1579730 27810 23413 21759 24751 28252 125985 2307424 0.68460 0.72260 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1405657 X 0 476783 -19323 19450 3142 434868 454655 42929 17890 2911 476783 345845 128693 17040 2833 454665 376441 -10840 16960 2796 345845 384820 11059 16680 2758 376441 1.00000 1 0 3204 2291 913 913 COLLECTIONS 1405657 BENEFICIAL INTEREST-ENDOWMENT 434868 1840525 X 263939 27461 27461 236478 10343 10343 246821 140686 0 140686 10343 10343 151029 PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT FUNDS ARE FOR THE PROCEEDS TO SUPPORT THE OPERATION OF THE PORTSMOUTH MUSEUMS FOUNDATION WITH UNRESTRICTED REVENUE. PART X, LINE 2: THE ORGANIZATION ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, WITH NO CUMULATIVE EFFECT ADJUSTMENT REQUIRED. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORELIKELY-THAN NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ORGANIZATION HAS ANALYZED THE TAX POSITIONS TAKEN IN ITS FILINGS WITH THE INTERNAL REVENUE SERVICE. THE ORGANIZATION BELIEVES THAT ITS 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 ORGANIZATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2023. X X X X X X X 1 STRATEGIC SOLUTIONS BY TRICIA LLC 409 WEST PRINCESS ANNE RD NORFOLK VA 23517 FUNDRAISING CONSULTING 0 0 22800 -22800 22800 -22800 VA DINE & DISCOVER 42951 32983 9968 20829 BUNNY HOP 42557 27413 15144 16415 85508 60396 25112 37244 37244 -12132 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEWED BY BOARD OF DIRECTORS PRESIDENT AND TREASURER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY REQUIRED TO BE SIGNED AND UPDATED BY EACH BOARD MEMBER ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR TOP OFFICIAL EXECUTIVE DIRECTOR EVALUATED AND COMPENSATION APPROVED BY EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST.