Dallas Holocaust and Human Rights Museum

“Form 990, schedule d, part xi, line 2d fundraising events expense: $ 25,383 estimated tax paid for ubi: ($ 980) total: $ 24,403”

“Form 990, schedule d, part xii, line 2d fundraising events expense: $25,383”

“FORM 990, SCHEDULE D, PART X, LINE 2 THE MUSEUM IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"), EXCEPT TO THE EXTENT IT HAS UNRELATED BUSINESS INCOME. IN ADDITION, THE MUSEUM HAS BEEN CLASSIFIED AS A PUBLIC CHARITY UNDER THE CODE. SHOULD THE MUSEUM ENGAGE IN ACTIVITIES UNRELATED TO THE PURPOSE FOR WHICH IT WAS CREATED, TAXABLE INCOME SHOULD RESULT. The Museum recorded a liability for unrelated business income tax due in the amount of $980 which is included in accounts payable and accrued expenses as of December 31, 2017 and a receivable for an overpayment of unrelated business income tax in the amount of $7,659 which is included in other receivables as of December 31, 2016 related to parking lot revenue. The Museum believes it has taken no significant uncertain tax positons. GAAP requires the evaluation of tax positions taken or expected to be taken in the course of preparing the Museums tax returns to determine whether the tax positions are more likely than not of being sustained by the applicable tax authority. Tax positions not deemed to meet the more likely than not threshold would be recorded as a tax benefit or expense in the current year. Reconciliation is not provided herein, as the beginning and ending amounts of unrecognized benefits are zero, with no interim additions, reductions, or settlements. The Museum is relying on its tax-exempt status and its adherence to all applicable laws and regulations to preserve that status. However, the conclusions regarding the uncertainty in income taxes will be subject to review and may be adjusted at a later date based on factors including, but not limited to, ongoing analysis of tax laws, regulations and interpretations thereof. The Museum recognizes interest and penalties, if any, related to uncertain tax positions as administrative expenses. The Museums Informational returns are generally subject to examination for three years after the later of the due date or date of filing. As a result, the Museum is no longer subject to income tax examinations by tax authorities for years prior to fiscal year 2014.”

“FORM 990, SCHEDULE D, PART III, LINE 1A & 4 THE MUSEUM HAS A COLLECTION OF HISTORICAL ARTIFACTS THAT IT PROTECTS AND PRESERVES. THE COLLECTION PROVIDES A FOUNDATION FOR EXHIBITIONS, RESEARCH, AND EDUCATIONAL PUBLIC PROGRAMMING DEDICATED TO TEACHING THE HISTORY OF THE HOLOCAUST AND ADVANCING HUMAN RIGHTS TO COMBAT PREJUDICE, HATRED, AND INTOLERANCE. THE MUSEUM HAS AN ARCHIVIST TO ENSURE THE COLLECTION IS PROTECTED AND PRESERVED AND A DETAILED COLLECTIONS MANAGEMENT POLICY WHICH GOVERNS THE STEWARDSHIP OF THESE COLLECTIONS. THE MUSEUM ACCOUNTS FOR HISTORICAL ARTIFACTS AS COLLECTION ITEMS IF THEY MEET THE DEFINITION OF COLLECTION ACCORDING TO THE CRITERIA FOR RECOGNITION UNDER FINANCIAL ACCOUNTING STANDARD BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC")958-360-25-3, NOT-FOR-PROFIT ENTITIES - PROPERTY, PLANT AND EQUIPMENT. THE CRITERIA STATE THAT TO BE A COLLECTION THE ASSETS ARE (A)HELD FOR PUBLIC EXHIBITION, (B)PROTECTED AND PRESERVED, AND (C)ARE SUBJECT TO AN ORGANIZATIONAL POLICY THAT REQUIRES THE PROCEEDS FROM THE SALE OF HISTORICAL ARTIFACTS TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS ABSENT ANY DONOR IMPOSED RESTRICTIONS. EACH OF THE ITEMS IS CATALOuGED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE MUSEUM HAS A POLICY OF NOT CAPITALIZING THE COLLECTION OF HISTORIC ARTIFACTS IN ITS FINANCIAL STATEMENTS. ACCORDINGLY, NO COLLECTION ITEMS ARE RECOGNIZED AS ASSETS, WHETHER THEY ARE PURCHASED OR RECEIVED AS A DONATION. PURCHASES OF COLLECTION ITEMS REDUCE UNRESTRICTED NET ASSETS IN THE PERIOD WHEN PURCHASED. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASS. THERE WERE 31 AND 29 ADDITIONS OF INDIVIDUAL OBJECTS TO THE COLLECTION DURING THE YEARS ENDED DECEMBER 31, 2017 AND 2016, RESPECTIVELY, THROUGH GIFTS,TRANSFERS OR PURCHASES. THE MUSEUM DID NOT PURCHASE OR EXPENSE INDIVIDUAL OBJECTS DURING THE YEARS ENDED DECEMBER 31, 2017 AND 2016. THERE WERE NO DEACCESSIONS DURING THE YEAR ENDED DECEMBER 31, 2017 AND 2016. AS OF DECEMBER 31, 2017 AND 2016, THE MUSEUM HAS APPROXIMATELY $229,000 AND $212,000, RESPECTIVELY, OF DONATED ARTIFACTS THAT HAVE NOT BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS.”

“FORM 990, SCHEDULE D, PART III, LINE 4 DHM/CET collectS artifacts that reflect the experiences of Holocaust survivors, refugees, hidden children and liberators of N Texas. The artifacts cover pre-war life, the war and the holocaust, and post-war emigration and recovery.”

“Form 990, schedule d, part v, line 4 the donor-restricted endowments were established to generate income for scholarships, staff development, and the museum experience program. The board designated endowment was established to generate income for general operations.”