St Johnsbury History & Heritage Center

“The center's collections are not recognized as assets on the statement of financial position. U.s. Generally accepted accounting principles permit such treatment if the contributed works of art are held for public exhibition and education rather than financial gain, the collection is protected, kept unencumbered, cared for and preserved. The centers collections comprise more than 5,000 cultural artifacts that help tell the stories that shape the community's identity; the primary focus is to preserve the collections for public exhibition, education, and research in furtherance of public service, rather than for financial gain. The centers collections acquired through purchase and donation, are not recognized as assets in the accompanying balance sheet (page 11). Purchases of collection items are recorded in the year in which items were acquired as a decrease of unrestricted or temporary restricted net assets, depending on the source of the assets used to purchase the items and where those assets were restricted by donors. Contributed collection items are not reflected in the financial statements. The collections comprise cultural artifacts dating back to the early 1800's detailing st johnsbury's history to include civil war memorabilia from the local citizenry and e&t fairbanks mercantile scales from the local foundry.”

“The permanent collection are part of the center's mission to acquire and preserve historic collections and to ultimately conduct purposeful educational programs that interpret the rich heritage of st johnsbury, vermont. Displayed in the gallery building and barn, the centers collections of more than 5,000 objects reflect the history of the culture and heritage, from the towns inception to modern day. The collection is distinguished for its holdings of civil war memorabilia and e&t fairbanks scales.”