Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 10-01-2018 , and ending 09-30-2019
Name of foundation
WASHBURN HISTORICAL MUSEUM INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 725
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WASHBURN, WI54891
A Employer identification number

39-1714347
B Telephone number (see instructions)

(715) 373-5591
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$941,381J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 18,996
2 Check bullet.............
3 Interest on savings and temporary cash investments 546 546 546
4 Dividends and interest from securities... 17,382 17,382 17,382
5a Gross rents............ 11,423 11,423 11,423
b Net rental income or (loss) 11,423
6a Net gain or (loss) from sale of assets not on line 10 -1,515
b Gross sales price for all assets on line 6a 557,387
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 32,204   32,204
12 Total. Add lines 1 through 11........ 79,036 29,351 61,555
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages...... 20,900      
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 2,525      
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,185 421    
19 Depreciation (attach schedule) and depletion... Click to see attachment 27,073    
20 Occupancy.............. 9,703      
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 41,632 7,859 13,588  
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 104,018 8,280 13,588 0
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 104,018 8,280 13,588 0
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -24,982
b Net investment income (if negative, enter -0-) 21,071
c Adjusted net income (if negative, enter -0-)... 47,967
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 616 12,315 12,315
2 Savings and temporary cash investments......... 32,228 31,479 31,479
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 491,433 Click to see attachment483,105 483,105
14 Land, buildings, and equipment: basis bullet1,102,585
Less: accumulated depreciation (attach schedule) bullet688,682 440,978 Click to see attachment413,903 413,903
15 Other assets (describe bullet) Click to see attachment311 Click to see attachment579 Click to see attachment579
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 965,566 941,381 941,381
Liabilities 17 Accounts payable and accrued expenses.......... 1,833 2,003
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 1,833 2,003
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 472,300 456,273
25 Temporarily restricted............... 491,433 483,105
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 963,733 939,378
31 Total liabilities and net assets/fund balances (see instructions). 965,566 941,381
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
963,733
2
Enter amount from Part I, line 27a .....................
2
-24,982
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
627
4
Add lines 1, 2, and 3 ..........................
4
939,378
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
939,378
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a NEXT FINANCIAL GROUP - SEE ATTACHED P   2018-12-31
b POWER INCOME FUND P 2011-07-15 2018-11-27
c NEXT FINANCIAL GROUP - SEE ATTACHED P   2019-09-30
d FPA CRESCENT PORTFOLIO P 2010-07-01 2019-02-08
e FPA CRESCENT PORTFOLIO P 2010-07-01 2019-07-09
POWER INCOME FUND P 2011-07-15 2019-02-08
POWER INCOME FUND P 2011-07-15 2019-08-01
NEXT FINANCIAL GROUP - SEE ATTACHED P   2019-09-30
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 112,443   118,422 -5,979
b 1,203   1,261 -58
c 406,577   405,939 638
d 1,702   1,287 415
e 1,103   795 308
112   117 -5
821   838 -17
33,426   30,243 3,183
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -5,979
b       -58
c       638
d       415
e       308
      -5
      -17
      3,183
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -1,515
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 -5,341
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017      
2016      
2015      
2014      
2013 50,014 24,158 2.070287
2
Total of line 1, column (d) .....................
2
2.070287
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
2.070287
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
0
5
Multiply line 4 by line 3......................
5
 
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
211
7
Add lines 5 and 6........................
7
211
8
Enter qualifying distributions from Part XII, line 4,.............
8
0
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 421
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 421
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 421
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 1,000
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 579
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet579 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletWI
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .Click to see attachment
    8b
     
    No
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWASHBURNCULTURALCENTER.COM
    14
    The books are in care ofbulletSTEVE COTHERMAN Telephone no.bullet (715) 373-5591

    Located atbulletPO BOX 725WASHBURNWI ZIP+4bullet54891
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    DICK OLSON PRESIDENT
    000.00     		0 0 0
    421 2ND AVE E
    WASHBURN,WI54891
    PETER VAN EVERA VICE PRESIDE
    000.00     		0 0 0
    518 11TH AVE E
    ASHLAND,WI54806
    JANA VAN EVERA TREASURER
    000.00     		0 0 0
    518 11TH AVE E
    ASHLAND,WI54806
    DAN SATRAN SECRETARY
    000.00     		0 0 0
    37330 WATER TOWER RD 104
    BAYFIELD,WI54814
    JOANNE MEIERHOFER DIRECTOR
    000.00     		0 0 0
    1515 9TH AVE W
    ASHLAND,WI54806
    DAVID BRATLEY DIRECTOR
    000.00     		0 0 0
    1 EAST BAYFIELD ST
    WASHBURN,WI54891
    CARLA BREMNER DIRECTOR
    000.00     		0 0 0
    204 PUMP HOUSE ROAD
    WASHBURN,WI54891
    JEDD UNGRODT DIRECTOR
    000.00     		0 0 0
    27920 CHERRYVILLE ROAD
    ASHLAND,WI54806
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    0
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    0
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    0
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    0
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    0
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    0
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    421
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    421
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    0
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    0
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    0
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
     
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 0
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 49,740
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........ 49,740
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$  
    a Applied to 2017, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2018.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 49,740
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		49,740
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Total .................................bullet 3a  
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    aSALES         21,508
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....         8,325
    3 Interest on savings and temporary cash
    investments ...........     		        546
    4 Dividends and interest from securities....         17,382
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....         11,423
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		        -1,515
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPASSTHRU DONATION INCOME     		        1,484
    bMISCELLANEOUS         887
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..     60,040
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    60,040
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    WASHBURN HISTORICAL MUSEUM INC
    EIN:
    39-1714347
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 2,525      

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2018 DepreciationSchedule
    Name:
    WASHBURN HISTORICAL MUSEUM INC
    EIN:
    39-1714347
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    SUPERIOR PROD-TABLE/CHAIRS 1997-01-31 877 877 200DB 7.0000        
    CHICK SHERIDAN P 1993-07-01 1,183 1,183 S/L 5.0000        
    DISPLAYS 1993-07-01 457 457 S/L 5.0000        
    BRASS PLAQUES 1993-07-01 441 441 S/L 5.0000        
    BRASS PLAQUES 1993-07-01 105 105 S/L 5.0000        
    2 WISHING WELLS 1993-07-01 1,437 1,437 S/L 5.0000        
    SIGN - OUTSIDE 1993-07-01 1,000 1,000 S/L 5.0000        
    BANNER 1993-07-01 350 350 S/L 5.0000        
    CASH REGISTER 1993-07-01 1,176 1,176 S/L 5.0000        
    CASH REGISTER PR 1993-07-01 55 55 S/L 5.0000        
    PRIOR YR ASSETS 1993-08-01 43,459 27,341 S/L 40.0000 1,087      
    PRIOR YR ASSETS 1993-08-01 478,150 300,837 S/L 40.0000 11,954      
    OUTSIDE SIGN 1993-08-01 3,800 3,800 S/L 10.0000        
    WINDOW BLINDS 1996-08-01 1,000 1,000 S/L 10.0000        
    CREATIVE INT - BLINDS 1993-10-01 1,737 1,084 S/L 40.0000 44      
    C & S DESIGN - ENGINEER 1996-10-01 9,220 5,765 S/L 40.0000 230      
    ROFFERS INC 1993-10-01 11,550 7,220 S/L 40.0000 289      
    BACHAND PLUMBING 1993-10-01 2,764 1,728 S/L 40.0000 69      
    BUILDING RESTORATION 1993-10-01 41,730 26,080 S/L 40.0000 1,044      
    CALVINS CONSTRUCTION 1993-10-01 22,000 13,750 S/L 40.0000 550      
    JONAS ELECTRIC 1993-10-01 8,742 5,465 S/L 40.0000 219      
    SPRINKLER SERVICES 1993-10-01 2,600 1,625 S/L 40.0000 65      
    ROFFERS - CONCRETE 1993-11-08 702 702 S/L 10.0000        
    NEIMSGERN'S STEEL RAIL 1993-11-24 4,336 2,691 S/L 40.0000 108      
    KLEEN AIR - BOILER 1993-11-29 7,090 4,401 S/L 40.0000 178      
    C & S DESIGN - ENGINEER 1994-01-20 4,089 2,521 S/L 40.0000 102      
    JONAS ELEC - WIRING 1994-01-22 2,283 1,407 S/L 40.0000 57      
    CALVIN'S - BASEMENT 1994-01-31 13,776 8,494 S/L 40.0000 344      
    OLSON BUILDING - CEILING 1994-02-25 1,081 665 S/L 40.0000 27      
    OTIS ELEVATOR 1994-03-04 50,032 30,750 S/L 40.0000 1,250      
    JONAS - ALARM LIGHTS 1994-03-15 810 497 S/L 40.0000 21      
    RICHARD M MIHALEK 1994-04-01 725 444 S/L 40.0000 18      
    WESTERN STATES FIRE PROTECTION 1994-04-01 9,465 5,799 S/L 40.0000 236      
    ACOUSTICAL FLOORS INC 1994-04-01 3,283 2,010 S/L 40.0000 82      
    DON SKULAN 1994-04-01 2,150 1,318 S/L 40.0000 54      
    JONAS ALARM-LIGHTS 1994-04-27 853 520 S/L 40.0000 21      
    BUEHLER'S LANDSCAPING 1994-06-02 2,918 2,918 S/L 10.0000        
    LARSON AIR - JACKHAMMER 1994-06-20 560 560 S/L 10.0000        
    CALVIN'S - BLDG 1994-06-26 20,969 12,712 S/L 40.0000 524      
    ROFFERS - READY 1994-07-01 4,479 4,479 S/L 10.0000        
    C & S - ENGINEERING 1994-07-05 1,223 743 S/L 40.0000 30      
    BUEHLER'S LANDSCAPING 1994-07-07 563 563 S/L 10.0000        
    NEENAH FOUNDRY - TREE G 1994-07-08 1,856 1,124 S/L 40.0000 46      
    BACHAND PLUMBING 1994-07-11 1,632 990 S/L 40.0000 40      
    CALVIN'S - BLACKTOP 1994-08-15 2,537 2,537 S/L 10.0000        
    GARY HOLMAN - LABOR & MTLS 1994-09-23 17,845 10,707 S/L 40.0000 446      
    LAROSN AIR - JACKHAMMER 1994-09-24 257 257 S/L 10.0000        
    KLEEN AIR - BOILER 1994-09-28 5,892 3,534 S/L 40.0000 147      
    CALVINS (OBERLISK) 1994-09-29 18,294 10,975 S/L 40.0000 457      
    ROFFERS - CONCRETE 1994-09-30 1,069 1,069 S/L 10.0000        
    SUPERIOR CAB - OAK 1994-11-30 525 525 S/L 10.0000        
    JOHN HULER - CONSTRUCT 1994-12-05 809 482 S/L 40.0000 20      
    ACOUSTICAL FLOOR 1994-12-28 6,210 3,686 S/L 40.0000 156      
    ARNET'S BRONZE PLAQUE 1995-02-16 4,316 4,316 S/L 10.0000        
    C & S - ARCHITECT FEE 1995-05-03 1,364 799 S/L 40.0000 34      
    NIMSGERN - STEEL 1995-05-10 2,123 1,242 S/L 40.0000 53      
    HAYWARD LANDSCAPING 1995-05-20 1,838 1,838 S/L 10.0000        
    ASH IND -STEEL 1995-05-26 185 109 S/L 40.0000 4      
    GARY'S WELDING 1995-06-04 192 113 S/L 40.0000 4      
    JONAS ELEC CONSTRUCTION 1995-07-18 4,376 2,533 S/L 40.0000 109      
    R NYBERG - LANDSCAPING 1995-07-18 682 682 S/L 10.0000        
    ED'S MECH - HVAC 1995-07-22 2,686 1,556 S/L 40.0000 67      
    CALVINS - BUILDING 1995-07-28 20,524 11,887 S/L 40.0000 513      
    OLSON - BLDG 1995-08-05 3,000 1,738 S/L 40.0000 75      
    ROFFERS - CONCRETE 1995-08-16 1,590 919 S/L 40.0000 40      
    DUFEK - BRICK W 1995-08-20 2,200 1,270 S/L 40.0000 55      
    DUFEK BRICK -B 1995-09-30 240 138 S/L 40.0000 6      
    OLSON BLDG- MATERIAL 1995-09-30 198 114 S/L 40.0000 5      
    C & S - ARCHITECT 1996-03-31 582 328 S/L 40.0000 15      
    OLSON INSULATION 1996-04-30 2,989 1,676 S/L 40.0000 75      
    OLSON - FIRE DOORS 1996-04-30 9,999 5,604 S/L 40.0000 250      
    OLSON - PARTITIONS 1996-06-30 1,236 688 S/L 40.0000 31      
    FLORAL GALLERY - LANDSCAPE 1996-06-30 724 724 S/L 10.0000        
    GRAD RAP - GLASS CUBE 1996-06-30 602 602 S/L 5.0000        
    OLSON - BRONZE ALUM SCR 1996-07-31 194 108 S/L 40.0000 5      
    POBLOCKI - LITE DIRECTORY 1996-08-31 2,692 1,485 S/L 40.0000 67      
    OTIS ELEV - BUTTONS 1997-01-31 1,176 636 S/L 40.0000 29      
    WIKS COATING - ROOF 1997-07-31 11,000 5,821 S/L 40.0000 275      
    ER SYSTEM - ROOF PAINT 1996-07-31 4,684 4,684 S/L 3.0000        
    OTHER FIXTURES 1997-03-31 5,099 5,099 200DB 7.0000        
    TABLES 1998-06-15 1,521 1,521 200DB 7.0000        
    SPRINLKER SYSTEM 1998-06-01 8,093 4,113 S/L 40.0000 202      
    ROOF COATING 1997-10-01 8,500 8,500 200DB 3.0000        
    JONAS ELECTRIC 1996-04-30 3,616 2,025 S/L 40.0000 90      
    WOLSLEGEL'S PARK BENCH 1996-08-31 140 140 S/L 10.0000        
    LAND 1993-08-01 6,407              
    BUILDING IMPROVEMENTS 1999-07-01 11,341 11,038 S/L 20.0000 303      
    CEILING JOB 1999-10-01 4,930 2,336 S/L 40.0000 124      
    WALKER DISPLAY 2003-10-15 1,823 1,823 S/L 10.0000        
    AIR CONDITIONING 2006-06-15 7,056 7,056 S/L 10.0000        
    ROOF 2007-08-15 126,163 35,220 S/L 40.0000 3,155      
    TWO OAK BENCHES 2007-06-06 318 318 S/L 10.0000        
    SIDEWALK IMPROVMENT 2011-09-30 4,250 2,975 S/L 10.0000 425      
    SIDEWALK IMPROVMENT 2012-09-30 8,112 4,867 S/L 10.0000 811      
    COMPUTER AND SETUP 2018-06-06 1,678 112 S/L 5.0000 336      

    TY 2018 ExplnOfNonFilingWithAGStmt
    Name:
    WASHBURN HISTORICAL MUSEUM INC
    EIN:
    39-1714347
    Statement:
    FORM 990PF IS FILED WITH WISCONSIN FORM 1943 TO THE WISCONSIN DEPARTMENT OF SAFETY AND PROFESSIONAL SERVICES.

    TY 2018 InvestmentsOtherSchedule2
    Name:
    WASHBURN HISTORICAL MUSEUM INC
    EIN:
    39-1714347
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ENDOWMENT FUNDS FMV 483,105 483,105

    TY 2018 LandEtcSchedule2
    Name:
    WASHBURN HISTORICAL MUSEUM INC
    EIN:
    39-1714347
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    BUILDINGS 1,096,178 688,682 407,496 407,496
    LAND 6,407   6,407 6,407


    TY 2018 OtherAssetsSchedule
    Name:
    WASHBURN HISTORICAL MUSEUM INC
    EIN:
    39-1714347
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PREPAID INCOME TAX 311 579 579


    TY 2018 OtherExpensesSchedule
    Name:
    WASHBURN HISTORICAL MUSEUM INC
    EIN:
    39-1714347
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SALES        
    COST OF GOODS SOLD 13,588   13,588  
    EXPENSES        
    ADVERTISING 664      
    OFFICE EXPENSES 2,573      
    INFORMATION TECHNOLOGY 2,211      
    INSURANCE 4,158      
    INVESTMENT FEES 7,859 7,859    
    DUES AND SUBSCRIPTIONS 275      
    BANK AND CREDIT CARD FEES 715      
    RENTAL REFUNDS 85      
    MISCELLANEOUS 3,776      
    LICENSES AND FEES 195      
    PASSTHRU DONATION EXPENSE 4,725      
    HONORARIUM EXPENSE 750      
    STORE REFUNDS 58      


    TY 2018 OtherIncomeSchedule2
    Name:
    WASHBURN HISTORICAL MUSEUM INC
    EIN:
    39-1714347
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MEMBERSHIPS 8,325   8,325
    SALES 21,508   21,508
    PASSTHRU DONATION INCOME 1,484   1,484
    MISCELLANEOUS 887   887


    TY 2018 OtherIncreasesSchedule
    Name:
    WASHBURN HISTORICAL MUSEUM INC
    EIN:
    39-1714347
    Description Amount
    ENDOWMENT CHANGE IN VALUE 627


    TY 2018 ReasonableCauseExplanation
    Name:
    WASHBURN HISTORICAL MUSEUM INC
    EIN:
    39-1714347
    Explanation:
    DURING THE FISCAL YEAR THERE WAS A VERY HIGH AMOUNT OF STOCK SALES AND WE NEEDED YEARLY REPORTS FOR EACH CALENDAR YEAR TO BE ABLE TO SUMMARIZE AND ATTACH TO THE RETURN FOR FILING. WE DIDN'T RECEIVE THE STATEMENTS UNTIL LATER AND IN THE MIDDLE OF COVID - 19. WE TRIED TO THEN GET EVERYTHING COMPILED IN ORDER TO FILE AN ACCURATE RETURN. WE ARE ASKING FOR ABATEMENT FROM ANY PENALTIES DUE TO LATE FILING ON THE BASIS WE HAVE NEVER FILED LATE BEFORE AND BECUASE OF THIS UNUSUAL TIME WE ARE GOING THROUGH WITH COVID - 19.

    TY 2018 TaxesSchedule
    Name:
    WASHBURN HISTORICAL MUSEUM INC
    EIN:
    39-1714347
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SOCIAL SECURITY 1,296      
    MEDICARE 304      
    FOREIGN TAX 164      
    FEDERAL INCOME TAX 421 421