Twentieth Century Technology Museum

“The organization's tax return is prepared by an independent accountant. Before form 990 is filed with the internal revenue service, the board of directors is given the opportunity to review the return. Any questions concerning the return are then referred to the independent accountant who prepared the return.”

“As stated in the organization's conflict of interest policy: article iii, procedures: 1. Duty to disclose - in connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. 2. Determining whether a conflict of interest exists - after disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. 3. Procedures for addressing the conflict of interest a. An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and vote on, the transaction or arrangement involving the possible conflict of interest. B. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. C. After exercising due diligence, the governing board or committee shall determine whether the organization can obtain with reasonable efforts a more advantageous transaction or arrangement from the person or entity that would not give rise to a conflict of interest. D. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the organization's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement. 4. Violations of the conflicts of interest policy a. If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. B. If, after hearing the member's response and after making further investigation as warranted by circumstances, the governing board or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action. Article vi, annual statements: each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: a. Has received a copy of the conflicts of interest policy, b. Has read and understands the policy, c. Has agreed to comply with the policy, and d. Understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.”

“Governing documents are made available to the public upon request.”

“Twentieth century technology museum is an educational organization dedicated to collecting, preserving, and exhibiting objects of twentieth century technology in a museum setting that is open to the public. These objects include instrumentation, entertainment, communications, aviation, computational, and household technology developed in twentieth century america. The purpose of the museum is to provide a place for the public to view and learn about this technology in a historical context. Tours will be conducted by a staff of volunteers, who will educate the public about the significance of the objects on display. In addition, there is a library of research material on twentieth century technology that is freely available to the public. Occasionally, there will be on display collections on loan from other institutions. These collections will further carry out the purposes of twentieth century technology museum and enhance the educational opportunities for visitors to the museum. The museum is maintained entirely by a group of volunteers.”

“Airplane sign project 2,174 0 0 contract labor 0 50 0 dues & subscriptions 235 0 0 repairs and maintenance 0 329 0 telephone 0 1,685 0”