Benjamin Harrison Presidential Site Inc.

“The site owns, displays and preserves certain personal artifacts and belongings of president benjamin harrison and his forbearers. The collections of the site include such items as personal property and historical papers and other documents of historic value. Each of the items is cataloged, preserved, and cared for, and activities verifying their existence and assessing their condition are performed continuously. The collections are subject to a policy that requires proceeds from their sales to be used to acquire other items for collections and to preserve artifacts. The site's collections, which are acquired through purchases and contributions since the site's inception, are not recognized as assets on the statements of financial position. Purchases of collection items are recorded as decreases in unrestricted net assets in the year in which the items are acquired. Contributed collection items are not reflected on the financial statements. Proceeds from de-accessions or insurance recoveries are reflected as increases in the appropriate net asset classes.”

“To maintain the home of benjamin harrison, the 23rd president of the united states, at 1230 n. Delaware street in the city of indianapolis, indiana, as a national historic landmark in the style and manner befitting the home of this former president; to display this home to the general public as an educational and historical service; to preserve any personal property, papers, or historical documents of president benjamin harrison or relating to him and his service to the state of indiana and to the united states of america; to promote patriotism and citizenship through appropriate educational activities, such as lectures, meetings and publication of books and papers relating to the life and times of president benjamin harrison; and to obtain personal property of president benjamin harrison, or property relating to the life and times of benjamin harrison and his forbearers by solicitation or otherwise for educational displays in the president benjamin harrison home and other appropriate places.”

“Net earnings from the endowment fund are used to support the operations of the museum including the preservation, operation, and maintenance of the foundation's real property and improvements.”

“Management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.”

“$ 19,381 cost of goods sold 37,917 special event expense -------- $ 57,298 total other reconciling items”

“$ 19,381 cost of goods sold 37,917 special event expense -------- $ 57,298 total other reconciling items”