The Fort Ticonderoga Association

“The association is exempt from federal income tax under section 501(c)(3) of the internal revenue code. In addition, the association qualifies for the charitable contribution deduction under section 170(b)(l)(a) and has been classified as an organization other than a private foundation under section 509(a)(2). Under accounting standards codification (asc) section 740, the tax status of tax-exempt entities is an uncertain tax position, since events could potentially occur that jeopardize tax-exempt status. Management is not aware of any events that could jeopardize the association's tax exempt status. Therefore, no liability or provision for income tax has been reflected in the financial statements.”

“Net assets released from restrictions 154,916. Cost of goods sold included on statement of revenue 628,029. Fundraising expenses deducted on statement of revenue 175,445.”

“INVESTMENT FEES 406.”

“Cost of goods sold included on statement of revenue 628,029. Fundraising expenses included on statement of revenue 175,445.”

“INVESTMENT FEES 406.”

“The association's collections consists of artifacts that document the theory and practice of war in the early modern period (roughly 17th-19th centuries with an emphasis on the late 18th century when the region was an active military theatre). These artifacts include weapons (muskets, pistols, swords, bayonets, polearms, and artillery), personal gear, uniforms, insignia, furniture, paintings, prints, and maps, in addition to the archeological collections recovered during the restoration and reconstruction of the fort in the 20th century. The association also holds a significant library collection including rare books on the art of war and military science dating from the same period, from across europe and north america and a manuscript collection of letters, diaries, receipts, returns, orderly books, and other ephemera generated during the 18th century conflicts in the champlain valley. The historic structures include the reconstructed 18th century fort, 1826 pavilion, and other related historic structures. Collection items are on display in museum exhibitions and are available for research purposes at the thompson pell research center. Collection items are also accessible digitally for researchers at www.fortticonderoga.org. The association employs a curator, vice president of collections, collections manager, archivist and other collections staff to ensure that the collection is protected, preserved and interpreted. It is the policy of the association that proceeds from the sale of any collection items are to be used for the conservation and care of collection items as well as the additional acquisition of collections.”

“The association's collections consists of artifacts that document the theory and practice of war in the early modern period (roughly 17th-19th centuries with an emphasis on the late 18th century when the region was an active military theatre). These artifacts include weapons (muskets, pistols, swords, bayonets, polearms, and artillery), personal gear, uniforms, insignia, furniture, paintings, prints, and maps, in addition to the archeological collections recovered during the restoration and reconstruction of the fort in the 20th century. The association also holds a significant library collection including rare books on the art of war and military science dating from the same period, from across europe and north america and a manuscript collection of letters, diaries, receipts, returns, orderly books, and other ephemera generated during the 18th century conflicts in the champlain valley. The historic structures include the reconstructed 18th century fort, 1826 pavilion, and other related historic structures. Collection items are on display in museum exhibitions and are available for research purposes at the thompson pell research center. Collection items are also accessible digitally for researchers at www.fortticonderoga.org. The association employs a curator, vice president of collections, collections manager, archivist and other collections staff to ensure that the collection is protected, preserved and interpreted. It is the policy of the association that proceeds from the sale of any collection items are to be used for the conservation and care of collection items as well as the additional acquisition of collections.”

“Permanently restricted assets are held indefinitely. The income from the assets is used to support programs designated by the donors.”