H Lee White Maritime Museum at Oswego

“The board of directors review the form 990 and vote to approve it.”

“The compensation is approved annually by the board the directors and board reviews salary based upon comparable data for similar size not for profit organizations.”

“AVAILABLE UPON REQUEST”

“Form 990 is being amended to reflect to following changes: part vii: salary of executive director and number of hours per week devoted to h lee white marine museum at oswego by board of directors and officers was not reflected on original form 990. Part viii: store sales and boat sales reclassified from line 2 of program service revenue to line 10a, gross sales of inventory. Capital gains income of 3,201 reclassified from line 3 to line 7, which consists of net proceeds of 10,104 and cost basis of 6,903. Cost of goods sold of 22,543 reclassified from part ix, line 24b on original return to part viii, line 10b on amended return. Part ix: allocation for program service expenses and management and general expenses for salaries and wages, other employee benefits and payroll taxes updated to reflect proper allocation. Schedule a: updated total public and total support figures to reflect correct balances schedule d: updated part vi to reflect correct book value of fixed assets form 990, part xi, line 9 - other changes in net assets explanation - reflected in schedule o - correct name of organization that transferred assets was oswego maritime foundation, inc.”

“Office expense 4,437 0 0 fundraising fees 3,435 0 0 vessel maintenance 3,301 0 0 bank charges 2,686 0 0 telephone 2,674 0 0 exhibit expense 2,644 0 0 dues & subscriptions 1,787 0 0 program expense 1,331 0 0 utilities 1,278 0 0 outside services 925 0 0 professional development 779 0 0 volunteer support 510 0 0 miscellaneous 487 0 0 taxes and filing fees 209 0 0”

“Transfer of schooner from omf 150,000 rounding adjustment -1 total 149,999 schooner transferred from oswego maritime foundation for 150,000”