Newton Historical Society Inc.

“The audit committee of the board reviews and approves the draft form 990. A copy of the approved-for-filing form 990 is distributed to both the executive committee and to the full board prior to its filing.”

“The organization's conflict of interest policy states the following: 1. Each director, principal officer and member of a committee with board delegated powers shall annually sign a statement which affirms that such person (a) has received a copy of the conflict of interest policy; (b) has read and understands the policy; (c) has agreed to comply with the policy; and (d) understands newton historical society is a charitable organization and in order to maintain its federal tax exemption, it must engage primarily in activities that accomplish one or more of its tax-exempt purposes. 2. Each voting member of the board shall annually sign a statement that declares whether such person is an independent director. 3. If at any time during the year, the information in the statement changes materially, the director shall disclose such changes and revise the annual disclosure form. 4. The executive committee shall regularly and consistently monitor and enforce compliance with this policy by reviewing annual statements and taking such other actions as are necessary for effective oversight.”

“The organization's executive director is employed and compensated by the city of newton. In addition, there are no key employees.”

“All documentation related to the newton historical society such as governing documents, conflict of interest policy, and financial statements are available to the public upon request. In addition, copies of the form 990 are available on the newton historical society website. The form 990 and financial statements are available on the massachusetts attorney general's website.”

“Credit loss expense 0 1,411 0 credit card & bank fees 1,607 0 0 dues and subscriptions 679 0 200 equipment rental and maint 11,380 0 0 food and refreshments 1,928 0 9,263 historic house markers 5,919 0 0 landscaping 1,508 0 0 museum shop cost of sales 2,565 0 0 supplies 7,316 0 0 professional fees, other 43,309 30,385 5,446 collection expenses 1,088 0 0 total 77,299 31,796 14,909”