Living Computer Museum & Labs

“Chris mcgowan, russell paquette, david r stewart, keith rosema, and william h hilf have a business relationship.”

“Living computer museum + labs, a pubilc charity, merged into living computer museum, a private foudnation, in 2019, thereby terminating the corporation.”

“The fund for art, science, and technology ("fast"), a public charity, maintains control over living computer museum & lab ("lcm+l"). Fast has the right to appoint, remove, or replace the directors of lcm+l.”

“The fund for art, science, and technology ("fast"), a public charity, has the authority to approve the appointment or removal of the executive director of lcm+l. Additionally, fast has the right to approve any amendments to lcm+l's articles and bylaws, approve mergers or dissolutions, approve establishment of new entities, approve lcm+l's annual capital and operating budgets, as well as any subsequent material changes, and approval of the adoption or amendment of any investment policies of lcm+l.”

“The form 990 is prepared by an outside cpa. It is reviewed by internal accountants at living computer museum. The return is e-mailed to select board members for review.”

“The conflict of interest policy applies to officers, directors, committee members of the board of directors, and employees who may be designated by the president ("covered persons"). Each covered person is required to annually disclose interests that may give rise to a conflict, however, each covered person is also required to promptly and fully disclose all material facts of each actual and potential conflict of interest as it arises. All disclosures involving a transaction or arrangement being considered at a meeting of the board or committee shall be made to all members present at such meeting. All other disclosures shall be made to the president. The president must disclose his or her conflicts to the board as well as all conflicts of interest reported to him or her. The board of directors evaluates disclosures to determine whether they involved actual conflicts of interest and attempts to develop alternatives to remove the conflict from the situation.”

“No compensation review process performed this year because the last day of the organization's operation was january 26, 2019.”

“The governing documents, conflict of interest policy and financial statements are available upon request.”

“After the merger on january 26, 2019, all the programs transferred to living computer museum.”

“Net asset adjustment for merger -1,139,365.”

“$1,139,365 represents net assets transferred out from living computer museum + labs to the survivng nonprofit corporation, living computer museum after the merger on january 26, 2019.”