Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
YOUNG-MORSE HISTORIC SITE INC
DBA LOCUST GROVE
Number and street (or P.O. box number if mail is not delivered to street address)2683 SOUTH ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
POUGHKEEPSIE, NY12601
A Employer identification number

14-1619998
B Telephone number (see instructions)

(845) 454-4500
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$8,255,177J 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) 114,442
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 38,963 38,963 38,963
5a Gross rents............ 338,110 60,550 338,110
b Net rental income or (loss) 74,398
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
9,337
b Gross sales price for all assets on line 6a 36,377
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 83,568
b Less: Cost of goods sold.... 45,402
c Gross profit or (loss) (attach schedule)..... Click to see attachment
List of Attached Documents:
// Content
38,166 38,166
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
230,270   230,270
12 Total. Add lines 1 through 11........ 769,288 99,513 645,509
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 52,450   26,225 26,225
14 Other employee salaries and wages...... 270,936   135,468 135,468
15 Pension plans, employee benefits....... 37,709   18,855 18,854
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
29,896   8,969 20,927
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
40,997   33,069 7,928
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
186,335   186,335
20 Occupancy.............. 239,106   119,553 119,553
21 Travel, conferences, and meetings....... 4,524   2,262 2,262
22 Printing and publications.......... 1,892   946 946
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
225,277 35,131 145,506 79,771
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,089,122 35,131 677,188 411,934
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 1,089,122 35,131 677,188 411,934
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -319,834
b Net investment income (if negative, enter -0-) 64,382
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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............. 8,676 19,285 19,285
2 Savings and temporary cash investments......... 159,795    
3 Accounts receivable right arrow18,500
Less: allowance for doubtful accounts right arrow18,500 34,668    
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use.............. 14,220 14,220 14,220
9 Prepaid expenses and deferred charges.......... 14,155 23,255 23,255
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,854,429 Click to see attachment
List of Attached Documents:
// Content
2,250,252 		2,250,252
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 300,177 Click to see attachment
List of Attached Documents:
// Content
158,086 		158,086
14 Land, buildings, and equipment: basis right arrow10,384,320
Less: accumulated depreciation (attach schedule) right arrow4,594,241 5,886,412 Click to see attachment
List of Attached Documents:
// Content
5,790,079 		5,790,079
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
1,472 		   
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,274,004 8,255,177 8,255,177
Liabilities 17 Accounts payable and accrued expenses.......... 35,951 21,729
18 Grants payable.................    
19 Deferred revenue.................   39,536
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 35,951 61,265
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 5,024,135 4,913,796
25 Net assets with donor restrictions............ 3,213,918 3,280,116
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 8,238,053 8,193,912
30 Total liabilities and net assets/fund balances (see instructions). 8,274,004 8,255,177
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
8,238,053
2
Enter amount from Part I, line 27a .....................
2
-319,834
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
275,693
4
Add lines 1, 2, and 3 ..........................
4
8,193,912
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
8,193,912
Form 990-PF (2023)
Form 990-PF (2023)
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.)
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 (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
b
c
d
e
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  
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  
Part V
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 right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 895
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  
3 Add lines 1 and 2........................... 3 895
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- ..... 5 895
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 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  
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 52
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 947
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-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 the instructions
for the 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. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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:
round bullet By language in the governing instrument, or
round bullet 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 XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNY
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 .
8b
Yes
 
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 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
Yes
 
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
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 addressright arrowWWW.LGNY.ORG
14
The books are in care ofright arrowJANNA WHEARTY Telephone no.right arrow (845) 454-4500

Located atright arrow2683 SOUTH ROADPOUGHKEEPSIENY ZIP+4right arrow12601
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, 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 right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-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? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(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)? ......................
1a(5)
 
No
(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.) ...............
1a(6)
 
No
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
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
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 2023? .............
1d
 
 
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-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))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
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
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
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? .................
5d
 
 
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? .............................
6a
 
No
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?
7a
 
No
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? .........................
8
 
No
Part VII
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
THOMAS MARTINELLI PRESIDENT
1.00 		0 0 0
2683 SOUTH ROAD
POUGHKEEPSIE,NY12601
RICHARD FOWLER VICE PRESIDE
1.00 		0 0 0
2683 SOUTH ROAD
POUGHKEEPSIE,NY12601
PATRICK WATSON SECRETARY
1.00 		0 0 0
2683 SOUTH ROAD
POUGHKEEPSIE,NY12601
LARRY MILLER TREASURER
1.00 		0 0 0
2683 SOUTH ROAD
POUGHKEEPSIE,NY12601
JOSEPH CAVACCINI TRUSTEE
1.00 		0 0 0
2683 SOUTH ROAD
POUGHKEEPSIE,NY12601
ROGER CONNOR TRUSTEE
1.00 		0 0 0
2683 SOUTH ROAD
POUGHKEEPSIE,NY12601
CAROLINE M CULP TRUSTEE
1.00 		0 0 0
2683 SOUTH ROAD
POUGHKEEPSIE,NY12601
CAROL CRYER TRUSTEE
1.00 		0 0 0
2683 SOUTH ROAD
POUGHKEEPSIE,NY12601
KARI REDL DANIELS TRUSTEE
1.00 		0 0 0
2683 SOUTH ROAD
POUGHKEEPSIE,NY12601
RHONDA EICKMAN TRUSTEE
1.00 		0 0 0
2683 SOUTH ROAD
POUGHKEEPSIE,NY12601
AMY FINDLAY TRUSTEE
1.00 		0 0 0
2683 SOUTH ROAD
POUGHKEEPSIE,NY12601
JANE FIORE TRUSTEE
1.00 		0 0 0
2683 SOUTH ROAD
POUGHKEEPSIE,NY12601
DENISE MCGINLEY TRUSTEE
1.00 		0 0 0
2683 SOUTH ROAD
POUGHKEEPSIE,NY12601
MARIA MORGAN TRUSTEE
1.00 		0 0 0
2683 SOUTH ROAD
POUGHKEEPSIE,NY12601
DAWN O'SHEA TRUSTEE
1.00 		0 0 0
2683 SOUTH ROAD
POUGHKEEPSIE,NY12601
JESSICA VINALL TRUSTEE
1.00 		0 0 0
2683 SOUTH ROAD
POUGHKEEPSIE,NY12601
MARCY WAGMAN TRUSTEE
1.00 		0 0 0
2683 SOUTH ROAD
POUGHKEEPSIE,NY12601
JANNA WHEARTY TRUSTEE
1.00 		0 0 0
2683 SOUTH ROAD
POUGHKEEPSIE,NY12601
KENNETH F SNODGRASS EXECUTIVE DI
40.00 		52,450 0 0
2683 SOUTH ROAD
POUGHKEEPSIE,NY12601
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...................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
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.............right arrow  
Part VIII-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 MAINTAIN AND OPERATE HISTORIC SITE AND MUSEUM. 677,187
2  
3  
4  
Part VIII-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.........................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
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
2,083,758
b
Average of monthly cash balances.......................
1b
220,036
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
2,303,794
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
2,303,794
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
34,557
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
2,269,237
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
113,462
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
 
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
 
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
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 XII, line 1 ...
7
 
Part XI
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
411,934
b
Program-related investments—total from Part VIII-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 XII, line 4. .......
4
411,934
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 411,934
a Applied to 2022, 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 2023 distributable amount.....  
e Remaining amount distributed out of corpus 411,934
5 Excess distributions carryover applied to 2023.    
(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 5 411,934
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 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		 
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 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-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 2023, enter the date of the ruling ...... right arrow
1980-09-01
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
0 222,300     222,300
b 85% (0.85) of line 2a .........   188,955     188,955
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		411,934 424,261 304,490 245,104 1,385,789
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 .... 		411,934 424,261 304,490 245,104 1,385,789
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 IX, line 6 for each year listed .. 		75,641 287,373 279,916 275,680 918,610
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 XIV
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 right arrow
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 (2023)
Form 990-PF (2023)
Page 11
Part XIV
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 .................................right arrow 3a  
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-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
aPROGRAM INCOME         196,587
bHOUSE TOURS         30,608
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 ....     14 38,963  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property..... 531390 48,979 1 25,419  
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    14 9,337  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory     1 38,166  
11 Other revenue:
aDEVELOPMENT RECEPTIONS 		        3,075
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 48,979 111,885 230,270
13Total. Add line 12, columns (b), (d), and (e)..................
13
391,134
(See worksheet in line 13 instructions to verify calculations.)
Part XV-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 XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
1A VARIOUS PROGRAMS TO PROMOTE THE HISTORIC SITE
10 A MUSEUM SHOP IS OPEN TO THE PUBLIC
1B TOURS ARE GIVEN TO THE PUBLIC OF THE HISTORIC SITE/MUSEUM
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
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.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
YOUNG-MORSE HISTORIC SITE INC
DBA LOCUST GROVE
Employer identification number

14-1619998
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
YOUNG-MORSE HISTORIC SITE INC
DBA LOCUST GROVE 		Employer identification number
14-1619998
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
MICHAEL CONNIE BODEN
7 JONATHAN LANE
 
POUGHKEEPSIE, NY12603

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
MARGARET RUDEL
804 RIVERBANK RD
 
STAMFORD, CT06903

$ 15,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
WEISS FUND
180 E PEARSON ST APT 4804
 
CHICAGO, IL60611

$ 25,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
YOUNG-MORSE HISTORIC SITE INC
DBA LOCUST GROVE 		Employer identification number

14-1619998
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) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
YOUNG-MORSE HISTORIC SITE INC
DBA LOCUST GROVE 		Employer identification number

14-1619998
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 $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
YOUNG-MORSE HISTORIC SITE INC
 
DBA LOCUST GROVE
EIN:
14-1619998
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
  20,927     20,927
RENTAL FEES 8,969   8,969  

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

TY 2023 DepreciationSchedule
Name:
YOUNG-MORSE HISTORIC SITE INC
 
DBA LOCUST GROVE
EIN:
14-1619998
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
1998 DODGE PICK-UP 4X4 1997-10-31 24,804 24,804 S/L 5.0000        
VISITOR'S CENTER 2000-10-01 5,596,136 3,058,811 S/L 40.0000 85,863   85,863  
VISITOR CENTER IMPROVEMEI 2001-07-01 141,381 75,992 S/L 40.0000 3,535   3,535  
BUILDING-P&L PARCEL 2006-08-25 100,000 40,833 S/L 40.0000 2,500   2,500  
CEMETERY PROPERTY 2007-04-03 141,798              
GATEHOUSE-CEMETERY 2007-04-03 156,380 61,575 S/L 40.0000 3,909   3,909  
GARAGE-CEMETERY 2007-04-03 29,558 11,638 S/L 40.0000 739   739  
CARRIAGE HOUSE-CEMETERY 2007-04-03 216,489 85,243 S/L 40.0000 5,412   5,412  
WATER LINE EXTENSION 2007-07-01 42,957 42,957 S/L 15.0000        
DELL COMPUTER 2007-04-10 819 819 S/L 7.0000        
DELL COMPUTER 2007-03-08 895 895 S/L 7.0000        
PORTRAIT AFTER TITIAN 2007-07-01 12,500              
1929 MAYTAG WASHER 2007-07-01 500              
PORTRAIT OF HENRY DALE 2007-06-22 750              
AIR CONDITIONER-29 GREYSTO 2007-09-25 5,190 5,190 S/L 7.0000        
OIL TANK-29 GREYSTONE 2007-04-10 2,100 2,100 S/L 7.0000        
RENOVATIONS-2739B SOUTH R 2008-04-02 40,630 14,982 S/L 40.0000 1,016   1,016  
RENOVATIONS-2739A SOUTH R 2008-05-07 80,198 29,406 S/L 40.0000 2,005   2,005  
GARAGE DOORS-GATEHOUSE 2009-03-10 2,275 787 S/L 40.0000 57   57  
HEAT EXCHANGERS 2009-11-04 3,303 1,087 S/L 40.0000 83   83  
DRYER-29 GREYSTONE 2009-03-18 548 548 S/L 7.0000        
HP PAVILION 6270Z DESKTOP 2009-12-15 541 541 S/L 5.0000        
ELECTRIC RANGE/HOOD-35 GR 2009-02-04 427 427 S/L 7.0000        
WASHING MACHINE-29 GREYS 2009-02-04 601 601 S/L 7.0000        
ROTARY CUTTER 2009-12-15 2,150 2,150 S/L 7.0000        
RED BARN RENOVATIONS 2010-01-10 19,000 6,175 S/L 40.0000 475   475  
BATHROOM RENOVATIONS 2010-12-03 18,646 5,633 S/L 40.0000 466   466  
PAVING 2010-04-16 7,100 5,996 S/L 15.0000 473   473  
BLACKTOP-DUMPSTER AREA 2010-05-03 4,025 3,399 S/L 15.0000 268   268  
TELEPHONE SYSTEM 2010-05-05 5,379 5,379 S/L 7.0000        
PRO BRUSH MOWER 2010-08-12 3,249 3,249 S/L 7.0000        
METRO SHELVING 2010-11-09 3,409 3,409 S/L 7.0000        
CHIAVARI BALLROOM CHAIRS 2010-05-24 3,359 3,359 S/L 7.0000        
FABRIC FOR CHIAVARI CHAIR 2010-02-17 5,143 5,143 S/L 7.0000        
3 FUEL OIL TANKS 2011-06-24 12,293 12,293 S/L 7.0000        
FENCE 2016-07-01 5,500 2,383 S/L 15.0000 367   367  
HP COMPUTER-EDUCATION OF 2012-10-11 570 570 S/L 5.0000        
LAND-YOUNG MORSE HISTORI 1980-07-15 526,097              
BUILDINGS 1980-07-15 142,246              
HISTORICAL RENOVATIONS 1995-09-01 272,692              
MANSION RENOVATIONS 1997-12-31 20,100              
FIRE SYSTEM 1994-09-26 2,500 2,500 S/L 10.0000        
SILVER SET-PHILIPS JEWELRY 1990-04-28 315              
PHOTOCOPIER 1991-03-11 1,250 1,250 S/L 5.0000        
FAX MACHINE 1994-09-29 470 470 S/L 7.0000        
LAND-DONATED 1995-07-01 40,000              
HISTORICAL RENOVATIONS 1996-07-01 60,558              
HISTORICAL RENOVATIONS 1998-07-01 196,717              
FURNITURE-IBM DONATION 1995-06-08 12,900 12,900 S/L 1.0000        
SECURITY SYSTEM 1995-07-01 24,860 24,860 S/L 10.0000        
CENTRAL A/C 1995-07-01 9,800 9,800 S/L 10.0000        
OUTDOOR SIGNS 1995-08-31 4,482 4,482 S/L 10.0000        
FENCE & GATE 1995-09-14 4,857 4,857 S/L 10.0000        
BASEBOARD HEAT/FURNACE 1995-09-25 9,395 9,395 S/L 10.0000        
GARDEN LIGHTS 1996-04-17 6,000 6,000 S/L 10.0000        
CHAIRS 1996-09-06 1,190 1,190 S/L 10.0000        
LIGHTING 1996-01-12 2,640 2,640 S/L 10.0000        
SIGNS 1996-01-30 7,689 7,689 S/L 10.0000        
FURNITURE-IBM DONATION 1996-07-01 9,700 9,700 S/L 10.0000        
SCANNER 1998-12-01 400 400 S/L 7.0000        
FULLY DEPR MACH & EQUIP @ 1980-07-15 30,107 30,107 S/L 7.0000        
DESK 1989-03-20 349 349 S/L 7.0000        
LAWN MOWER & LEAF BLOWE 1989-10-27 982 982 S/L 7.0000        
ELECTROLUX VACCUM CLEAN 1990-06-08 700 700 S/L 7.0000        
NEW BROILER-MORGAN-BOTT 1990-04-30 2,800 2,287 S/L 40.0000 70   70  
NEW WATER PUMP-MORGAN-I 1990-05-29 1,250 1,017 S/L 40.0000 31   31  
DUCT WORK & WATER SYSTEM 1990-12-17 4,010 3,207 S/L 40.0000 100   100  
2 FOLDING TABLES 1991-02-18 150 150 S/L 7.0000        
HYTEC SIGNS-SIGNS 1991-08-08 977 977 S/L 7.0000        
TRAIL SIGNS-ALPINE 1991-09-23 730 730 S/L 7.0000        
PICNIC TABLES 1991-09-23 192 192 S/L 7.0000        
FAN UNIT PRO GREEN GREENE 1991-03-08 782 782 S/L 7.0000        
JOHN DEERE 516 ROTARY CUT 1991-03-18 1,300 1,300 S/L 7.0000        
VACCUM CLEANER 1991-03-20 150 150 S/L 5.0000        
TYPEWRITER 1991-03-31 300 300 S/L 5.0000        
TRAIL SIGNS 1991-04-29 306 306 S/L 7.0000        
TRAIL SIGNS 1991-07-19 585 585 S/L 7.0000        
TRAIL SIGN & KIOSK 1991-07-30 1,075 1,075 S/L 7.0000        
LEAF BLOWER 1991-11-01 872 872 S/L 7.0000        
GREENHOUSE PIPING 1991-12-13 1,111 864 S/L 40.0000 28   28  
FILE CABINETS 1992-08-28 318 318 S/L 7.0000        
OFFICE CHAIR 1992-08-28 159 159 S/L 7.0000        
W & B GOLF CARTS INC. 1993-01-01 1,995 1,995 S/L 7.0000        
REFRIGERATOR 1993-08-23 685 685 S/L 7.0000        
TELEPHONE SYSTEM 1994-09-21 2,026 2,026 S/L 5.0000        
SKID OIL TANK 1994-07-18 550 550 S/L 7.0000        
DICTAPHONE 1995-05-19 1,025 1,025 S/L 5.0000        
TELEPHONE SYSTEM 1995-07-01 7,881 7,881 S/L 5.0000        
LAPTOP COMPUTER 1995-07-01 750 750 S/L 5.0000        
SNOWBLOWER 1996-12-20 1,249 1,249 S/L 7.0000        
SUBMERSIBLE PUMP 1996-08-27 918 918 S/L 7.0000        
WASHER/DRYER 1996-02-12 375 375 S/L 7.0000        
APPLIANCES 1996-06-18 1,300 1,300 S/L 7.0000        
MOWER 1996-06-28 1,348 1,348 S/L 7.0000        
MODEM & MONITOR 1997-12-30 555 555 S/L 5.0000        
36 AERATOR 1997-03-17 159 159 S/L 7.0000        
18X36 ROLLER 1997-03-17 150 150 S/L 7.0000        
36 DROP SPREADER 1997-03-17 140 140 S/L 7.0000        
1996 SCAG MOWER 1997-05-01 6,550 6,550 S/L 7.0000        
15 FLYMO TRIMMER 1997-05-01 350 350 S/L 7.0000        
HUSGUARNIA CHAIN SAW 1997-06-23 585 585 S/L 7.0000        
ANCHOR AUDIO MINIVOX POR 1997-03-28 225 225 S/L 5.0000        
FAX 1997-04-14 506 506 S/L 5.0000        
2 HP DESKJET 694C PRINTERS 1997-04-14 640 640 S/L 5.0000        
CASH REGISTER 1997-04-24 190 190 S/L 5.0000        
COMPUTER 1997-02-19 620 620 S/L 5.0000        
BIKE RACK 1997-05-01 387 387 S/L 7.0000        
COMPUTER EQUIPMENT 1997-02-20 368 368 S/L 5.0000        
X-MAS LIGHTS 1997-12-05 4,475 4,475 S/L 7.0000        
COMPUTER 1998-04-15 2,581 2,581 S/L 5.0000        
COMPUTER 1998-08-19 2,959 2,959 S/L 5.0000        
COMPUTER 1998-12-31 2,009 2,009 S/L 5.0000        
GARDEN EDGER 1998-02-18 500 500 S/L 7.0000        
SKID STEER MOWER 1998-03-31 25,625 25,625 S/L 7.0000        
SKID STEER EQUIPMENT 1998-06-09 361 361 S/L 7.0000        
FURNITURE RESTORATION 1996-02-01 2,676              
FURNITURE RESTORATION 1996-01-15 7,264              
FURNITURE RESTORATION 1996-01-29 7,630              
FURNITURE RESTORATION 1996-02-27 3,675              
UPHOLSTERY RESTORATION 1996-05-09 455              
TRAY RESTORATION 1996-05-09 1,170              
CARRIAGE RESTORATION 1996-05-20 600              
SILVER TRAY 1996-06-26 1,200              
BRASS CANDLESTICKS 1997-07-01 25              
PORTRAIT - CORNELIA RUMMI 1997-07-01 1,000              
CAKE PLATE 1997-07-01 400              
MORSE E. LETTERS 1997-07-01 350              
TABLE TOP TELEGRAPH 1996-03-01 200              
F & FY. M. SITE POUGHKEEPSI 1980-07-15 706,256              
PAINTING BY MORSE 1991-04-08 2,000              
CHINA-ROSE MEDALLION 1991-10-02 830              
CHINA-ROSE MEDALLION 1992-01-15 600              
ART-EDITH C. BLUM 1995-01-19 489              
MORSE J. REPORT 1997-07-01 500              
MORSE J. ANNALS 1997-07-01 500              
MORSE J. GAZETTEER 1997-07-01 500              
CARD TABLE 1997-07-01 2,500              
JEWELRY 1980-07-15 1,745              
SOUNDERS/RESONATOR 1997-07-01 100              
CAKE PLATE 1998-07-01 250              
WATERCOLOR E.L. MORSE 1998-07-01 350              
LETTER TO MORSE 1998-07-01 805              
LETTER FROM MORSE 1998-07-01 805              
SHOP COMPUTER (ANTHOLOG' 1999-12-09 7,357 7,357 S/L 5.0000        
PRINTER DJ 6976 1999-02-18 205 205 S/L 5.0000        
DELL DIMENSION XPS COMPU? 1999-03-31 2,691 2,691 S/L 5.0000        
JOHN DEERE TRACTOR 1999-06-11 5,460 5,460 S/L 7.0000        
DELL DIMENSION XPS COMPU? 1999-10-05 1,986 1,986 S/L 5.0000        
DELL DIMENSION XPS COMPU: 1999-10-11 1,986 1,986 S/L 5.0000        
FISHER PLOW 1999-11-12 3,745 3,745 S/L 5.0000        
NORTH PORCH 1999-09-09 5,900              
PRINTER HP 2000C 1999-07-09 578 578 S/L 5.0000        
DIGITAL CAMERA 1999-11-22 980 980 S/L 7.0000        
LAKE RESTORATION 1999-07-01 32,500 32,500 S/L 15.0000        
1999 ACQUISITIONS 1999-07-01 22,229              
CPU HOLDER 2000-07-28 234 234 S/L 5.0000        
MUSEUM SHOP F&F 2000-07-01 2,453 2,453 S/L 7.0000        
EDUCATION ROOM F&F 2000-07-01 5,360 5,360 S/L 7.0000        
ROLLTOP DESKS-EAST GALLEI 2000-07-01 1,587 1,587 S/L 7.0000        
WEST GALLERY F&F 2000-07-01 13,964 13,964 S/L 7.0000        
EXTERIOR SIGN 2000-11-09 650 650 S/L 7.0000        
HOUSE INTERIOR RENOVATION 2000-07-01 27,369              
HISTORICAL ACQUISITIONS 2000-07-01 7,243              
MUSEUM SHOP F&F 2000-12-31 506 506 S/L 7.0000        
EQUIPMENT-RDS SYSTEMS 2000-12-31 449 449 S/L 7.0000        
GATEWAY 2000 PS-133XL COMPUTER 2000-07-01 1,000 1,000 S/L 5.0000        
FURNITURE - EDUCATION ROO 2001-07-01 7,253 7,253 S/L 7.0000        
PARKING LOT EXPANSION 2001-06-22 19,205 19,205 S/L 15.0000        
HOUSE INTERIOR RENOVATION 2001-07-01 27,570              
HOUSE EXTERIOR RENOVATIO 2001-11-20 50,305              
EAST GALLERY 2001-07-01 6,426 3,454 S/L 40.0000 161   161  
ORIENTATION GALLERY 2001-07-01 1,851 995 S/L 40.0000 46   46  
DEER FENCE 2001-07-01 37,644 37,644 S/L 15.0000        
HISTORICAL COLLECTION 2001-07-01 150              
REFRIGERATOR UNIT-MUSEUN 2001-09-04 973 973 S/L 7.0000        
BOOKPLATE STEEL ENGRAVIN 2002-07-01 50              
DELL COMPUTER 2002-07-01 1,767 1,767 S/L 5.0000        
COAT RACKS 2002-07-01 719 719 S/L 7.0000        
DISPLAY PANELS 2002-07-01 2,058 2,058 S/L 7.0000        
PLEXIGLASS CASES 2002-07-01 1,925 1,925 S/L 7.0000        
HOUSE EXTERIOR RESTORATI( 2002-07-01 4,792              
ARCHITECTURAL FEES 2002-07-01 8,976 4,600 S/L 40.0000 225   225  
EAST GALLERY DESIGN 2002-07-01 1,250 641 S/L 40.0000 31   31  
WALL ART 2002-07-01 1,733 1,733 S/L 7.0000        
CARRIAGE HOUSE 2002-07-01 55,919              
VISITOR CENTER FINAL PYMT 2003-06-26 19,500 9,506 S/L 40.0000 488   488  
VC PICTURE RAILING 2003-09-16 4,721 2,272 S/L 40.0000 118   118  
VISITOR CENTER (KIRCHOFF D 2003-07-21 20,500 9,951 S/L 40.0000 513   513  
2003 ACCESSIONS 2003-07-01 3              
WINDOW SHADES 2004-03-08 5,016 5,016 S/L 7.0000        
ROOM DIVIDERS 2004-09-16 1,666 1,666 S/L 7.0000        
2004 COLLECTION ITEMS 2004-07-01 900              
VINTAGE LIGHTED SHOWCASE 2004-07-01 5,000              
SNOW BLOWER 2004-12-21 4,924 4,924 S/L 7.0000        
CEMETERY OPTION COST 2005-05-17 10,000              
P&L SOUTH PARCEL 2005-06-09 69,603              
DECORDOVA PARCEL 2005-09-23 110,000              
BUILDING-DECORDOVA 2005-09-23 781,517 337,029 S/L 40.0000 19,538   19,538  
DELL COMPUTERS 2005-07-01 2,518 2,518 S/L 5.0000        
LEAF VACUUM 2005-07-02 3,750 3,750 S/L 7.0000        
LEAF BLOWER 2005-07-01 765 765 S/L 7.0000        
CHAIN SAW 2005-07-01 844 844 S/L 7.0000        
DRAWING BY SFB MORSE 2005-07-01 450              
ENGRAVING 2005-07-01 33              
PERIOD WAGON 2005-07-01 1,500              
PLOW FOR PICK-UP 2006-03-14 3,530 3,530 S/L 5.0000        
BUILDING-DECORDOVA IMPR. 2006-07-01 515 212 S/L 40.0000 13   13  
TEXTILE SHELVING 2006-01-27 4,334 4,334 S/L 7.0000        
TABLE CARTS 2006-07-01 1,110 1,110 S/L 7.0000        
CHAIRS/TABLE 2006-07-14 2,106 2,106 S/L 7.0000        
CEMETERY COSTS 2006-10-01 26,000              
P&L SOUTH PARCEL 2006-08-25 137,965              
WATER LINE EXTENSION 2006-07-01 11,198 11,198 S/L 15.0000        
JOHN DEERE MOWER 2015-06-10 7,000 7,000 S/L 7.0000        
ICE MACHINE 2015-04-30 3,099 3,099 S/L 7.0000        
GATOR (ADAMS) 2016-11-03 8,300 7,312 S/L 7.0000 988   988  
GARDEN FENCE 2017-08-31 9,707 3,451 S/L 15.0000 647   647  
FURNACE-21 GREYSTONE 2021-12-15 14,910 2,308 S/L 7.0000 2,130   2,130  
            54,040   54,040  

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TY 2023 GainLossSaleOtherAssetsSch
Name:
YOUNG-MORSE HISTORIC SITE INC
 
DBA LOCUST GROVE
EIN:
14-1619998
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
WRITE OFF HISTORICAL COLLECTION   PURCHASE 2023-01     816,597       816,597
    PURCHASE     36,377 27,040     9,337  

TY 2023 InvestmentsCorpStockSchedule
Name:
YOUNG-MORSE HISTORIC SITE INC
 
DBA LOCUST GROVE
EIN:
14-1619998
Name of Stock End of Year Book Value End of Year Fair Market Value
CORPORATE STOCKS 2,250,252 2,250,252

TY 2023 InvestmentsOtherSchedule2
Name:
YOUNG-MORSE HISTORIC SITE INC
 
DBA LOCUST GROVE
EIN:
14-1619998
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
MONEY MARKET FMV    
CERTIFICATE OF DEPOSIT AT COST 158,086 158,086

TY 2023 LandEtcSchedule2
Name:
YOUNG-MORSE HISTORIC SITE INC
 
DBA LOCUST GROVE
EIN:
14-1619998
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
BUILDINGS 7,508,197 3,994,924 3,513,273 3,513,273
RENOVATIONS 701,822   701,822 701,822
AUTOMOBILES 61,437 61,437    
MACHINERY & EQUIPMENT 231,203 217,030 14,173 14,173
FURNITURE & FIXTURES 160,363 160,363    
LEASEHOLD IMPROVEMENTS 259,835 160,487 99,348 99,348
LAND 1,461,463   1,461,463 1,461,463


TY 2023 OtherAssetsSchedule
Name:
YOUNG-MORSE HISTORIC SITE INC
 
DBA LOCUST GROVE
EIN:
14-1619998
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ACCRUED DIVIDENDS RECEIVABLE 1,472    


TY 2023 OtherExpensesSchedule
Name:
YOUNG-MORSE HISTORIC SITE INC
 
DBA LOCUST GROVE
EIN:
14-1619998
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
RENTAL ACTIVITY        
RENTAL EXPENSES 35,131 35,131 35,131  
RENTAL FEES        
INSURANCE 21,514   21,514  
MARKETING/ADVERTISING 17,027   17,027  
OFFICE EXPENSE 13,454   13,454  
TELEPHONE & INTERNET 3,070   3,070  
EXPENSES        
PROGRAM EXPENSES 13,576   13,576  
DUES & SUBSCRIPTIONS 3,479   1,740 1,740
INSURANCE 50,199   14,343 35,856
MISCELLANEOUS 965   483 482
OFFICE EXPENSE 20,181   3,364 16,817
CURATORIAL EXPENSE 425   212 213
TELEPHONE 4,606   768 3,838
BAD DEBT EXPENSE 41,650   20,824 20,825


TY 2023 OtherIncomeSchedule2
Name:
YOUNG-MORSE HISTORIC SITE INC
 
DBA LOCUST GROVE
EIN:
14-1619998
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PROGRAM INCOME 196,587   196,587
HOUSE TOURS 30,608   30,608
DEVELOPMENT RECEPTIONS 3,075   3,075


TY 2023 OtherIncreasesSchedule
Name:
YOUNG-MORSE HISTORIC SITE INC
 
DBA LOCUST GROVE
EIN:
14-1619998
Description Amount
UNREALIZED GAIN 275,693


TY 2023 SalesOfInventoryList 
Name:
YOUNG-MORSE HISTORIC SITE INC
 
DBA LOCUST GROVE
EIN:
14-1619998

Category Gross Sales Cost of Goods Sold Net (Gross Sales Minus
Cost of Goods Sold)
MUSEUM SHOP 83,568 45,402 38,166

TY 2023 TaxesSchedule
Name:
YOUNG-MORSE HISTORIC SITE INC
 
DBA LOCUST GROVE
EIN:
14-1619998
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
REAL ESTATE TAXES 14,616   7,308 7,308
WATER TAXES 1,233   617 616
EXCISE TAX 8   4 4
RENTAL FEES 25,140   25,140