TY 2021 Form 990PF

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)
	1	Contributions, gifts, grants, etc., received (attach schedule)	279,368
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	124	124	124
5a	Gross rents............	9,168	9,168	9,168
b	Net rental income or (loss) 9,168
6a	Net gain or (loss) from sale of assets not on line 10
b	Gross sales price for all assets on line 6a
7	Capital gain net income (from Part IV, line 2)...		0
8	Net short-term capital gain.........			0
9	Income modifications...........
10a	Gross sales less returns and allowances	339,783
b	Less: Cost of goods sold....	162,298
c	Gross profit or (loss) (attach schedule).....		177,485		177,485
11	Other income (attach schedule).......		302,947	0	302,947
12	Total. Add lines 1 through 11........	769,092	9,292	489,724
	13	Compensation of officers, directors, trustees, etc.	65,000	0	0	65,000
14	Other employee salaries and wages......	399,309	0	0	399,309
15	Pension plans, employee benefits.......	42,444	0	0	42,444
16a	Legal fees (attach schedule).........		5,075	0	0	5,075
b	Accounting fees (attach schedule).......		29,304	0	0	29,304
c	Other professional fees (attach schedule)....		102,246	0	0	102,246
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		40,799	0	0	40,799
19	Depreciation (attach schedule) and depletion...		353,495	0	353,495
20	Occupancy..............	1,400	0	0	1,400
21	Travel, conferences, and meetings.......	9,672	0	0	9,672
22	Printing and publications..........
23	Other expenses (attach schedule).......		999,693	0	0	999,693
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	2,048,437	0	353,495	1,694,942
25	Contributions, gifts, grants paid.......	0			0
26	Total expenses and disbursements. Add lines 24 and 25	2,048,437	0	353,495	1,694,942
	27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-1,279,345
b	Net investment income (if negative, enter -0-)		9,292
c	Adjusted net income (if negative, enter -0-)...			136,229

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	454,433	279,943	279,943
	2	Savings and temporary cash investments.........
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable 7,100
		Less: allowance for doubtful accounts	7,100	7,100	7,100
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............	408,186	309,312	309,312
	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 10,651,992
		Less: accumulated depreciation (attach schedule) 929,479	9,930,351	9,722,513	9,722,513
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	415,067	310,919	310,919
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	3,963,853	3,987,816	3,987,816
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	15,178,990	14,617,603	14,617,603
	17	Accounts payable and accrued expenses..........	50,168	100,999
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons	8,814,348	9,284,348
	21	Mortgages and other notes payable (attach schedule)......	82,148	75,168
	22	Other liabilities (describe )	5,813	209,920
	23	Total liabilities (add lines 17 through 22).........	8,952,477	9,670,435
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	6,226,513	4,947,168
	29	Total net assets or fund balances (see instructions).....	6,226,513	4,947,168
	30	Total liabilities and net assets/fund balances (see instructions).	15,178,990	14,617,603

(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.)
1a
b
c
d
e

(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
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(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
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2
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 ...................		3

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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	0
3	Add lines 1 and 2...........................	3	129
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	129
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a
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	0
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	129
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax	Refunded	11

(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
Barbra Barrett	Executive Director 40.00	65,000	5,150	0
PO BOX 115 BETHEL,ME04217
Lawrence TP Stifler Ph D	President 4.00	0	0	0
100 CODMAN ROAD BROOKLINE,MA02445
Mary McFadden	Trustee 4.00	0	0	0
100 CODMAN ROAD BROOKLINE,MA02445
Henry Minot	Vice President 2.00	0	0	0
PO BOX 499 EDGECOMB,ME04556
John Betts	Trustee 2.00	0	0	0
215 W 98TH STREET NEW YORK,NY10025
Don Dallaire	Treasurer 2.00	0	0	0
829 CANDIA ROAD CHESTER,NH03036
Archie Bill Berry Jr Ph D	Trustee 2.00	0	0	0
349 VOTER HILL ROAD FARMINGTON,ME04938
Robert Ritchie	Secretary 2.00	0	0	0
69 Staples Road Freeport,ME04032

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	GENERAL OPERATIONS - MMGM REOPENED TO THE PUBLIC ON APRIL 21, 20212021 AFTER EXPERIENCING MASSIVE WATER DAMAGE RESULTING FROM A FAILED HVAC SYSTEM ON OCTOBER 23, 2020. MMGM EXPERIENCED A SECOND FLOOD FROM THE HVAC SYSTEM ON MAY 20, 2021 AND REOPENED ON JUNE 25, 2021. IN-PERSON EVENTS REMAINED LIMITED. THREE IN PERSON EVENTS WERE HELD WITH A TOTAL OF 190 ATTENDEES. VIRTUAL AWARENESS OF THE MUSUEM INCREASED BY 47% VIA SOCIAL MEDIA AND 225 NEW MEMBERS JOINED IN SUPPORT OF THE MUSUEM. 14, 258 VISITORS TOURED THE MUSEUM. THE MUSEUM HAS CONTINUED TO ACQUIRE ITEMS FOR THE COLLECTIONS TO PRESERVE MAINE'S HERITAGE AND HISTORY TO ENHANCE VISITOR EXPERIENCE.	0
2	EDUCATION - MMGM LAUNCHED AN ONLINE EDUCATION LECTURE SERIES WITH SIX VIRTUAL EDUCATIONAL SESSIONS WITH A TOTAL ONLINE REACH OF 18,641.MMGM CONTINUED TO HOST ORGANIZED SCHOOL GROUPS IN 2021 FROM JUNE 2021-DECEMBER 2021 WITH 282 STUDENTS PARTICIPATING. MMGM PROVIDED ADDITIONAL VIRTUAL AND IN -PERSON SCIENCE AND MINERALOGY EDUCATIONAL OUTREACH PRESENTATIONS. EIGHT SCIENTIFIC SESSIONS WITH 394 PARTICIPANTS AND SIX MINERALOGY/GEOLOGY OF MAINE TALKS WITH 100 PARTICIPANTS WERE HELD. MMGM RESEARCH LABORATORY AND OFFSITE TOURS REACHED 150 STUDENTS. THE MMGM RESEARCH LABORATORY CONTRIBUTED TWO RESEARCH PAPERS/PUBLICATIONS TO THE SCIENCE COMMUNITY.	0
3


4

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

		(a) Corpus	(b) Years prior to 2020	(c) 2020	(d) 2021
1 Distributable amount for 2021 from Part X, line 7					0
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2021:
a From 2016......
b From 2017......
c From 2018......
d From 2019......
e From 2020......	2,566,501
f Total of lines 3a through e ........		2,566,501
4Qualifying distributions for 2021 from Part
XI, line 4: $ 1,903,111
a Applied to 2020, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2021 distributable amount.....					0
e Remaining amount distributed out of corpus		1,903,111
5 Excess distributions carryover applied to 2021.		0			0
(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		4,469,612
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
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......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2021. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2022 ..........					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) .......		0
8 Excess distributions carryover from 2016 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2022. Subtract lines 7 and 8 from line 6a ......		4,469,612
10 Analysis of line 9:
a Excess from 2017....
b Excess from 2018....
c Excess from 2019....
d Excess from 2020....	2,566,501
e Excess from 2021....	1,903,111

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) 2021	(b) 2020	(c) 2019	(d) 2018	(e) Total
	35,961	23,600	27,414	21,071	108,046
b 85% (0.85) of line 2a .........	30,567	20,060	23,302	17,910	91,839
c Qualifying distributions from Part XI, line 4 for each year listed .....	1,694,942	2,566,501	1,239,962	992,167	6,493,572
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........	0	0	0	0	0
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....	1,694,942	2,566,501	1,239,962	992,167	6,493,572
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......					0
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)	23,974	18,511	21,501	16,526	80,512
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..	23,974	15,733	18,276	14,047	72,030
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) ....					0
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....					0
(3) Largest amount of support from an exempt organization					0
(4) Gross investment income					0

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:

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)
1A	ALLOWS ACCOMPLISHING CULTURAL AND EDUCATIONAL PURPOSES
1B	ALLOWS ACCOMPLISHING CULTURAL AND EDUCATIONAL PURPOSES
1C	ALLLOWS LABS TO BE CONDUCTED
10	ALLOWS PURCHASE OF FUTURE EDUCATIONAL INVENTORY

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

(a) Name of organization	(b) Type of organization	(c) Description of relationship

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

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year

Total ................................. 3a				0

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....	531110	9,168
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory	452000	177,485
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		186,653		0	303,071

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Name of organization MAINE MINERAL AND GEM MUSEUM

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	Lorraine and Richard Schwarz 32 Meadowridge Lane Glen Head, NY11545	$ 10,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)


(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...................				0

bApproved for future payment

Total ................................. 3b				0

Name of organization MAINE MINERAL AND GEM MUSEUM		Employer identification number 45-3818749

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2021)


Name of organization MAINE MINERAL AND GEM MUSEUM			Employer identification number 45-3818749
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
LIBRARY	19,832	20,032	20,032
COLLECTION	3,943,721	3,967,484	3,967,484
SECURITY DEPOSIT	300	300	300

Description	Revenue and Expenses per Books	Disbursements for Charitable Purposes
UTILITIES	59,886	59,886
REPAIRS AND MAINT.	32,829	32,829
SUPPLIES	26,303	26,303
COLLECTION ITEMS PURCHASED	101,521	101,521
MISC. FEES	6,248	6,248
BANK AND CREDIT CARD FEES	12,772	12,772
ADVERTISING	36,029	36,029
PAYROLL FEES	4,068	4,068
DUES	4,009	4,009
INSURANCE	72,306	72,306
CONTRACT SERVICES	19,408	19,408
OFFICE OPERATIONS EXPENSES	54,835	54,835
INSURANCE CLAIM WATER DAMAGE REPAIRS	559,504	559,504
MISC. EXP.	9,975	9,975

Description	Revenue And Expenses Per Books	Adjusted Net Income
ADMISSIONS	134,238	134,238
LAB TESTING	5,851	5,851
INSURANCE PROCEEDS	162,858	162,858

Description	Beginning of Year - Book Value	End of Year - Book Value
GIFT CERTIFICATES	595	595
SALES TAX PAYABLE	1,205	1,167
STORE CREDIT	-190	-190
CUSTOMER DEPOSITS	1,364	1,363
ONLINE ADMISSION	2,839	2,839
INSURANCE CLAIM ADVANCE	0	204,146

Category	Amount	Disbursements for Charitable Purposes
CONSULTING	47,168	47,168
IT CONSULTING	17,813	17,813
DESIGN CONSULTING	37,265	37,265

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