Florida Holocaust Museum Inc.

“Collection items, which have been acquired through either purchase or contribution 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 Types of media collected include: artwork created during the holocaust and after as a reaction, historical documents, photographs, audio and video testimony interviews, objects from victims, nazi and liberator militaria, textiles, judaica, diaries, manuscripts and other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 areas of research, exhibition, publication, education and commemoration.”

“The organization's 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 museum is exempt from federal income taxes under section 501(c)(3) of the internal revenue code (irc) and from state income taxes under similar provisions of the florida statutes and is classified as an educational institution under section 509(a)(1). Income earned in furtherance of the museum's tax-exempt purpose is exempt from federal and state income taxes. The museum is not a private foundation. Management evaluated the organization's tax positions and concluded that the organization had no material uncertainties in income taxes as of june 30, 2021 and 2020. The organization will account for interest and penalties related to uncertain tax positions, if any, as part of tax expense. The organization is no longer subject to income tax examinations by the u.s. Federal, state, or local authorities for fiscal years before 2018.”

“Change in beneficial interest in hhhf 216,113. Rental expenses netted against revenue 74,623. Bad debt netted against revenue 16,600.”

“Rental expenses netted against revenue 74,623. Bad debt netted against revenue 16,600.”

“Bequests transferred to hhhf 10,000.”