Santa Barbara Museum of Natural History

“In conformity with the practice followed by museums, collection objects purchased and donated are not included in the assets of the organization. The museum is continually developing the collections, which currently include more than 3.5 million specimens, artifacts, other cultural objects, books, and manuscripts. These holdings are used by museum scientists and a worldwide network of researchers from a variety of disciplines. Their usage forms the basis of published findings, as well as programs in education and museum exhibitions. The collection is kept under curatorial care including conservation practices, and is subject to the museum's policy that requires proceeds from the sale of collection items to be used only for acquisition of additional collections. The museum does not recognize as a contribution any income from donated collection items, as its collections are not capitalized.”

“In conformity with the practice followed by museums, collection objects purchased and donated are not included in the assets of the organization. The museum is continually developing the collections, which currently include more than 3.5 million specimens, artifacts, other cultural objects, books, and manuscripts. These holdings are used by museum scientists and a worldwide network of researchers from a variety of disciplines. Their usage forms the basis of published findings, as well as programs in education and museum exhibitions. The collection is kept under curatorial care including conservation practices, and is subject to the museum's policy that requires proceeds from the sale of collection items to be used only for acquisition of additional collections. The museum does not recognize as a contribution any income from donated collection items, as its collections are not capitalized.”

“Income from endowment funds is used to fund general operations as well as being specifically earmarked to support malacology, museum studies, public programs, geology, paleontology, internships, the maximus gallery for antique natural history prints, innovative education, entomology, the library and the sea center.”

“The museum evaluates uncertain tax positions, whereby the effect of the uncertainty would be recorded if the outcome was considered probable and reasonably estimable. As of december 31, 2024, the museum had no uncertain tax positions requiring accrual. The museum files tax returns in california and u.s. Federal jurisdictions. The museum is no longer subject to u.s. Federal and state tax examinations by tax authorities for years before 2021 and 2020, respectively.”

“Change in value of charitable trusts 1,277,776. Change in value of charitable gift annuities -37,879.”