Florida Holocaust Museum Inc.

“Collection items, which have been acquired through purchases and contributions since the organization's inception, are not recognized as assets on the combined statements of financial position. Purchases of collection items are recorded as decreases in unrestricted net assets in the year the items are acquired or as a decrease in temporarily or permanently restricted net assets if the assets used to purchase the items are restricted by donors.”

“Central to the mission of the museum is the program to collect, preserve, and make available to the public the historical record and artistic and literary interpretation of the holocaust and other genocides. Types of media collected include: artwork created during the holocaust and after as a reaction, historical documents, photographs, audio and video testimony interviews, objects from victims, nazi and liberator militaria, textiles, judaica, diaries, manuscripts and other historical records of the holocaust and its era. The museum collects and maintains the material that supports its wide ranging efforts in the area of research, exhibition, publication, education, and commemoration.”

“The organizations endowment funds (endowments) are funds restricted or designated for operating costs incurred while engaged in programs directly related to cultural and presentation materials honoring the memory of those who suffered or died in the holocaust and to fund scholarships for students. The endowments consist of money market funds, corporate bonds, and asset backed securities. Income earned from the endowments is available for general or specific purposes. As required by accounting principles generally accepted in the united states of america, net assets associated with endowment funds are classified and reported based on the existence or absence of donor-imposed restrictions.”

“The organization has no uncertain tax positions that qualify for either recognition or disclosure in the accompanying financial statements as defined by accounting principles generally accepted in the united states of america. The 2010, 2011, and 2012 tax years are open and subject to examination by the internal revenue service (irs). The organization is not currently under audit nor has the organization been contacted by the irs.”

“Special event expense 21,077 change in uncollectible accounts 29,175 change in beneficial interest - affiliate 72,716 capitalization of non-cash gift 15,040 change in discount on pledges 775”

“Reclass other revenue 1,863”

“Special event expense 21,077 change in uncollectible accounts 29,175”

“Reclass other revenue 1,863”