York County History Center

“Artifacts in the museum collection of the history center trace the history of the region now comprising york county from its pre-history to the 20th century. Current collections contain household furnishing and utensils, glass, ceramics, textiles, clothing, agricultural tools and equipment, early vehicles, drawings, paintings, engravings, and historical relics. Objects appropriate for these collections include the fine and decorative arts, artifacts relating to historic events or persons, industrial, commercial, and agricultural artifacts, and artifacts which relate to education, politics, religion, recreation, and everyday life in york county. Except for real estate, assets of historical value are not recorded in the financial statements. For example, historic artifacts such as antique clocks, various pieces of furniture, and many of the items in the history center's museums, have not been recorded in the financial records. The staff, committees, and volunteers play an integral part in the acquisition, documentation, display, conservation, management, and utilization of objects in the collections of the history center. The authority and responsibilities of each are set forth in the collections policies of the history center originally adopted june 17, 1992 and most recently revised in 2020. The collections committee of the history center advises the board of directors on matters relating to the management and disposition of museum collections. The director of collections (the director) establishes and implements procedures governing the documentation, handling, storage, and accessibility of collection objects. Such procedures are carried out only with the full authorization of the director. Procedures governing the documentation, handling, storage, and utilization of the museum collections are contained in a collection procedures manual maintained by the director of collections. Collection management procedures used at the history center comply with the accreditation standards of the american alliance of museums (aam). During the years ended june 30, 2021 and june 30, 2020, the history center sold several collection items and received proceeds of $0 and $2,448,452, respectively. The proceeds of those sales are designated for future care of current collection items and purchases of collection items. During the years ended june 30, 2021 and 2020, the history center purchased items to add to its collections of $3,630 and $0, resprectively.”

“Artifacts in the museum collection of the history center trace the history of the region now comprising york county from its pre-history to the 20th century. Current collections contain household furnishings and utensils, glass, ceramics, textiles, clothing, agricultural tools and equipment, early vehicles, drawings, paintings, engravings, historical relics, and paper artifacts. Objects appropriate for these collections include the fine and decorative arts, artifacts relating to historic events or persons, industrial, commercial, and agricultural artifacts, and artifacts which relate to education, politics, religion, recreation, and everyday life in york county. These collections allow people to explore the history and culture of york county, pennsylvania.”

“The york county history center was the fiscal agent for an organization formed for the purposes of planning and holding an event in 2021. The funds not yet expended were included in the history center's cash and escrow or custodial account liability balances as of june 30, 2021.”

“The center's intended use of its endowment assets is to provide a predictable stream of funding to programs supported by the endowments as well as to maintain the purchasing power of the endowment assets.”

“Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the history center, including whether the entity is exempt from income taxes. Management evaluated the tax positions taken and concluded that the history center has taken no uncertain tax positions that require recognition or disclosure in the financial statements. Therefore, no provision or liability for income taxes has been included in the financial statements. With few exceptions, the history center is no longer subject to income tax examinations by the u.s. Federal, state, or local tax authorities for years before 2018.”

“Change in net assets of community foundation 100,113. Less: cost of goods sold 46,022. Change in perpetual trusts 320,365. Rental expenses 95,242. Book/tax difference on sale of investments -978,514. Book/tax difference depreciation 990t (tax/book) 1,259.”

“Less: cost of goods sold 46,022. Rental expenses 95,242.”