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2006 ANNUAL REPORT ANNUAL REPORT PRESIDENT’S LETTER This year saw continued progress for the Marblehead Museum & Historical Society. Everything necessary to provide great programs, exhibits and events is in place; the organization has stabilized, and has a better understanding of its needs. These past three years as President have been a time to work with MMHS towards improving its systems, understanding its financial structure and preparing for the next leap forward. The Marblehead Museum & Historical Society is recognized in the region as an outstanding organization. We have joined forces with as many local organizations as possible, thereby increasing our links and roots in the community. We have helped other charitable organizations, such as Hospice of the North Shore, Rotary and HAWC. We have also linked with the Abbot Library, Friends of the Library, the Marblehead Historical Commission and the Marblehead Arts Festival for exhibits and programs. Our goal is to make MMHS a part of the Marblehead community in every way. Certainly the Jeremiah Lee Mansion is a part of Marblehead, an important landmark and a beloved part of our history. The Marblehead Museum & Historical Society has cared for the Lee Mansion for almost 100 years. Good stewardship is apparent in everything that has been done for the Lee Mansion, and this never ending project continues. The Lee Mansion garden also continues to be a beautiful, organic green space in the town of Marblehead about which we can all be proud. Preservation of the Mansion continued this year with the Wallpaper Conservation project, supported by the Save America’s Treasures Program and the Getty Foundation. The front of the Lee Mansion was painted in 2006 and everyone is delighted that paint analysis supports what we have known all along- it looks much bet- ter with white windows and trim! This project was supported in part by the ongoing Window Conservation project funded by IMLS with matching funds from the Society of Colonial Wars. The past three years it has been an honor and a pleasure to be the President of the Marblehead Museum & Historical Society. I look back on the time with a sense of pride at what we have accomplished, and I am confident that incoming President Dick Carlson will be able to bring this wonderful institution to even greater heights. Sincerely, Sharon Pingree-Russell President, 2004-2007 MMHS Board of Directors & HISTORICAL SOCIETY MARBLEHEAD MUSEUM . . . . . . . . . . . Dr, William H. Livingston, III & Mrs. Julie H. Livingston Mr. & Mrs. Tad Lipsky Mr. & Mrs. Peter S. Lynch Mr. Robert Macomber Marblehead Festival of Arts Mrs. Ann N. Northey Mr. & Mrs. William H. Park Mr. & Mrs. Alexander Parker Mr. & Mrs. Jay C. Pingree Mr. & Mrs. John Pope Remediation & Environmental Management Service, Inc. Ms. Judith Salisbury Mr. & Mrs. Robert W. Sides, Jr. Mr. John F. Stucke Mr. & Mrs. Peter D. Tobin Mr. & Mrs. William Truscott Mr. & Mrs. Richard L. Tuve, II Mrs. Dorothy A. Wilson Mr. & Mrs. Ronald N. Woodward FRIEND ($100+) Accredited Appraisers Dr. & Mrs. F. Knight Alexander Mr. & Mrs. Angelo R. Arena Mr. & Mrs. A. Alexander Arnold Mr. & Mrs. Ruleffe F. Barbour Mr. & Mrs. Greg Bates Mrs. Priscilla H. Bevins Ms. Elizabeth Anne Brady Mrs. Harriet Canavan Ms. Lissa E. Carter & Mr. Gary C. Strempek Mr. & Mrs. Harry C. Christiansen Club of Small Gardens of Marblehead Neck Drs. Corine and Michael Cognata Mr. & Mrs. Stephen J. Connelly, III Mrs. Gloria Coolidge Mrs. William R. Creamer Ms. Virginia Drogue Mr. & Mrs. John C. Doub Mrs. Virginia B. Drougue Mrs. Helen M. Egan Mr. & Mrs. Peter Fallon Ms. Paula Foster Mr. & Mrs. John S. Foster Mr. & Mrs. George Grader, V Mr. & Mrs. Charles Gessner Mr. & Mrs. James B. Gilroy Dr. & Mrs. Gerald D. Goldstein Mr. Frederick H. Goddard Mr. Kenelm W. Harris, Jr. Mr. & Mrs. Eugene Hastings Mr. & Mrs. Richard D. Hill Dr. & Mrs. Erwin Hirsch Mr. & Mrs. Thomas E. Hoffman Ms. Marcia J. Hunkins Mr. & Mrs. Robert S. Hurlbut, Jr. Mrs. Joan C. Johnson Dr. & Mrs. Arnold E. Katz GERRY & GLOVER SOCIETY ($10,000 +) Mr. & Mrs. Benjamin A. Rowland, Jr. J.O.J. FROST BENEFACTOR ($5000+) Mr. & Mrs. Richard Carlson Mr. & Mrs. Peter J. Hart Mr. & Mrs. John B. McCarthy Ms. Winifred Pierce Ms. Sharon Pingree-Russell & Mr. F. Webb Russell III JEREMIAH LEE PATRON ($1000+) Mr. & Mrs. Peter M. Coxe Mr. & Mrs. Thomas J. Fitzgerald Ms. Virginia C. Gamage Mr. & Mrs. James Marsh The Makepeace Foundation Mr. Charles W. Pingree Mrs. Arthur P. Poor SPONSOR ($500+) Mr. & Mrs. Robert W. Campbell Ms. Mary Krull & Mr. Thomas Egan Mr. & Mrs. Alexander Falk Mr. & Mrs. Jeffrey M. Gault Mr. & Mrs. Timothy J. Hunt Mr. & Mrs. Eugene Jacobi Marblehead Savings Bank National Grand Bank Mr. & Mrs. Robert G. Paquette Mr. & Mrs. Robert C. Puff Mr. & Mrs. Michael H. Rubino Mr. & Mrs. Frederick H. Settlemeyer Dr. & Mrs. John Rogers Simmons Mr. & Mrs. Eijk van Otterloo MEMBER ($250+) Mr. & Mrs. Edmund P. Bullis Mr. & Mrs. Peter Butler Mr. & Mrs. Michael B. Christian Mr. & Mrs. Ronald C. Clark Mr. Timothy Davidson Mr. & Mrs. Dana Denault Ms. Amy Drinker Mrs. William M. Fallon Mr. Stephen J. Farrar Mr. & Mrs. Richard Farrar Mr. & Mrs. James B. Flanagan Mr. & Mrs. Richard Ganong Mr. & Mrs. George Grader, V Mr. & Mrs. Paul G. Gregory, III Mr. & Mrs. Rensselaer Havens Dr. & Mrs. James Hazlett Ms. Marybelle Hollister & Mr. Donald Gardner Ms. Marcia J. Hunkins Mr. & Mrs. Carl Hyam Mr. & Mrs. David Jackson Ms. Mary H. Johnson Ms. Sylvia A. Johnson Mr. & Mrs. Daniel P. Kearney Mr. & Mrs. J. David Leslie 2006 DONORS 2006 DONORS Dr. & Mrs. David A. Keith Dr. & Mrs. Bruce C. Ledig Mr. & Mrs. Laurence B. Leonard, Jr. Mr. & Mrs. Charles F. Loutrel Mr. & Mrs. Lou Molitierre Old Marblehead Improvement Association Mr. & Mrs. E. Russell Peach, Jr. Ms. Patricia Pederson Mr. Lester Punchard Mr. & Mrs. John F. Rice Mr. & Mrs. David M. Rich Mr. & Mrs. George O. Roberts Mr. & Mrs. Eric C. Rosenvold Dr. & Mrs. Russell Ryan Mrs. John Schlueter Mr. & Mrs. G. Philip Schrodel Mr. & Mrs. Donald Seamans Ms. Anne L. Seaver Mr. & Mrs. F. Scott Stephens Mr. David Shayeb Mr. John Stucke Mr. & Mrs. Ken Taylor Mr. & Mrs. Stephen W.A. Thompson Dr. & Mrs. Richard A. von Rueden Mr. & Mrs. Richard Walker OTHER CONTRIBUTORS Rabbi & Mrs. A. Nathan Abramowitz Mr. & Mrs. Richard Alles Mr. Joseph J. Balsama Mr. & Mrs. Harold A. Bantly Mrs. Barbara Bennett Mrs. John J. Bingenheimer Mr. & Mrs. Andrew P. Bouggaard Mr. & Mrs. Fred C. Boulter Mrs. Virginia L. Bowen Mr. & Mrs. Clifford H. Brown Mr. & Mrs. Raymond E. Briggs Mrs. Diane M. Capstaff Mr. & Mrs. Robert D. Carr Mrs. Pamela D. Cassidy Mr. Ernest M. Christiansen Mr. & Mrs. Thomas Christo Mr. Eu Rim Chun Mr. & Mrs. David Clarke Mr. & Mrs. James Cooke Mr. & Mrs. James E. Coppola Dr. & Mrs. Terence A. Criswell Mrs. Elaine Daly Mrs. Constance V. Deschenes Ms. Betty Dew Mr. & Mrs. Eric Jay Dolin Ms. Helen M. Donahue Ms. Priscilla M. Drew Ms. Brenda Till Dumais Mrs. Gloria Dumas Ms. Victoria H. Earll Mr. Wilbur L. Fader Mr. & Mrs. Jeffrey C. Flowers Mr. & Mrs. Richard Fowler Mrs. Jacqueline M. Franklin Ms. Rische Fraser Mrs. Robert H. Frey Mr. & Dr. Sheldon Frisch Ms. Lisa Pennington & Mr. David Furlow Mrs. Mary Louise Gannon Mr. Nicholas Gentile Ms. Kathryn A. Goering Mrs. June S. Goldman Mr. David Goldsmith Mr. & Mrs. Richard J. Gordon Mr. & Mrs. Russell Gray Mr. Dennis M. Griffin Mrs. Albert Hatch Harborside House Dr. & Mrs. Frank Healey Mr. & Mrs. Charles Cutter Herlihy Mr. Michael D. Hogan Mr. Harold Horsington Mr. John W. Jacobsen & Ms Beatrice E. Stahl Mr. & Mrs. Paul C. Johnston Mr. Bruce Jones & Ms. Tina Cross Ms. Martha Katz-Hyman Mr. & Mrs. Daniel P. Kearney Mr. Sean Kelley Mrs. Vincent Kent Mr. & Mrs. David A. Krathwohl Mr. & Mrs. Thomas M. Lemons Mr. & Mrs. Larry Levin The Hon. Stephen M. Limon & Ms. Jill Matsumoto Mrs. Naomi MacIver Mr. Donald Macauley Ms. Jeralyn H. Mason Mr. John F. McKay Mr. & Mrs. Bert Michaud Dr. & Mrs. Jason E. Mondale Mr. & Mrs. Perry W. Morton Mr. & Mrs. Carl C. Pierce Mr. Ernest W. Piper, Jr. Ms. Janice Flanigan Rand Mr. John B. Read Mr. & Mrs. Charles Schumacher Ms. Sharon L. Smith & Mr. Hugh W. Stewart Ms. Diane Saltzburg Mr. Reginald Holton Smithwick Ms. Susan Schneider Ms. Mary F. Severance Mr. David Schacter & Ms. Melita Marks Mr. & Mrs. Gary Siden Mr. Reginald Holton Smithwick Mr. & Mrs. Peter Sorensen Mr. John Steinberg Ms. Deborah A. Stephenson Mr. Hugh W. Stewart & Ms Sharon L. Smith Mr. Willioam F. Story Mr. Donald & Ms. Polly Maxon-Trischler Ms. Cheryl Tuttle Ms. Rita S. Valley Mr. & Mrs. Barnet Weinstein Winslow Auto Body MATCHING GIFTS IBM State Street Research & Management Corning Incorporated Foundation Exxon Mobil Foundation Grantham, Mayo, Van Otterloo & Co, LLC Illinois Toolworks Foundation J.P. Morgan Chase Foundation Fidelity Investments Eastern Bank LEE MANSION WINDOW CONSERVATION GRANTS Massachusetts Society of the Cincinnati Institute of Museum & Library Services LEE MANSION WALLPAPER CONSERVATION GRANTS National Endowment for the Arts through the Save America’s Treasures program Getty Foundation GOODS AND SERVICES Patrick Maloney & Co. Professional Painters Carpenter Costin Tree Service Robert Fumicello, Prizito Electric William Finch & Carol Rose Carlo Fratini, Seaside Lock & Key Jim Ruberti, Photo Swift Chip Osborne, Osborne Florist Nancy Mantilla, Flores Mantilla Marblehead Reporter Fraffie Welsh Timothy Smith Associates algDESIGN & Print Management Gene Arnould, Arnould Gallery Susan & Nick Fader, Ditto Editions Don Doliber Joan Goloboy, Online Learning Solutions Peter Hart, MMHS Board Treasurer Ralph Khouri, Khouri’s Oriental Rugs Carol & George Shube, Shubie’s Marketplace Sharon Pingree-Russell, MMHS Board President Jonathan Porath, Porath Computer Services Frederick Goddard William Goddard, Goddard Associates Home Inspection Services Carolyn & Peter Lynch Barney Rabin Co. David Slepian, Personal Jeweler Adelphi Paperhangings Terry Soule Bill Holmes, Lynn Ladder & Scaffolding VOLUNTEERS Nancy Clemson Nancy Coffin Audrey Lynch Chip Osborne Sheila Krikorian Abby Lavoie Kittie Cutting Priscilla Fullerton Judy Rawding Ginny von Rueden Sandi Peaslee D.L. Kaulbach Beverly Bucknan Sally Sands Becky Robinson Lee Rosenvold Jean Fallon Bette Hunt Naomi MacIver Herb Heggie Janice Rideout Marcia Hunkins Joan Goloboy John Stucke Joan Schlueter Sally Gray Dorothy Creamer Joyce Booth Marie Butler Tom Call Harriet Canavan Julia Christo Lillian Deschenes Connie Deschenes Mary Lee Goodwin Joan Gross Ellen Gordon Stan Gordon Wendy Hall Clara Hastings Lis Horowitz Sylvia Johnson Sondra Kupersmith Ann Langan Lew Livermore Margo Loutrel Sophia Mahoney Liz Michaud Fran Molettiere Andrea Mones Fay Norred Bernice Nowack Kimberly Padgett Robin Robinson Sally Scott David Shayeb Dan Shoreman Nancy Walker
Transcript
Page 1: MUSEUM PRESIDENT’S LETTER - marbleheadmuseum.org · Mr. & Mrs. Richard Alles Mr. Joseph J. Balsama Mr. & Mrs. Harold A. Bantly Mrs. Barbara Bennett Mrs. John J. Bingenheimer. &

2 0 0 6 A N N U A L R E P O R T

AN

NU

AL

REPO

RT

P R E S I D E N T ’ S L E T T E R

This year saw continued progress for the Marblehead Museum &Historical Society. Everything necessary to provide great programs,exhibits and events is in place; the organization has stabilized, andhas a better understanding of its needs. These past three years asPresident have been a time to work with MMHS towards improvingits systems, understanding its financial structure and preparing for thenext leap forward.

The Marblehead Museum & Historical Society is recognizedin the region as an outstanding organization. We have joined forceswith as many local organizations as possible, thereby increasing ourlinks and roots in the community. We have helped other charitableorganizations, such as Hospice of the North Shore, Rotary andHAWC. We have also linked with the Abbot Library, Friends of theLibrary, the Marblehead Historical Commission and the MarbleheadArts Festival for exhibits and programs. Our goal is to make MMHSa part of the Marblehead community in every way.

Certainly the Jeremiah Lee Mansion is a part of Marblehead,an important landmark and a beloved part of our history. TheMarblehead Museum & Historical Society has cared for the LeeMansion for almost 100 years. Good stewardship is apparent ineverything that has been done for the Lee Mansion, and this neverending project continues. The Lee Mansion garden also continues tobe a beautiful, organic green space in the town of Marblehead aboutwhich we can all be proud.

Preservation of the Mansion continued this year with theWallpaper Conservation project, supported by the Save America’sTreasures Program and the Getty Foundation. The front of the LeeMansion was painted in 2006 and everyone is delighted that paintanalysis supports what we have known all along- it looks much bet-ter with white windows and trim! This project was supported in partby the ongoing Window Conservation project funded by IMLS withmatching funds from the Society of Colonial Wars.

The past three years it has been an honor and a pleasure to bethe President of the Marblehead Museum & Historical Society. I lookback on the time with a sense of pride at what we have accomplished,and I am confident that incoming President Dick Carlson will be ableto bring this wonderful institution to even greater heights.

Sincerely,

Sharon Pingree-RussellPresident, 2004-2007MMHS Board of Directors

& HISTORICAL

S O C I E T Y

MARBLEHEAD

M U S E U M. . . . .

. . . . . .

Dr, William H. Livingston, III & Mrs. Julie H. Livingston

Mr. & Mrs. Tad LipskyMr. & Mrs. Peter S. LynchMr. Robert MacomberMarblehead Festival of ArtsMrs. Ann N. NortheyMr. & Mrs. William H. ParkMr. & Mrs. Alexander ParkerMr. & Mrs. Jay C. PingreeMr. & Mrs. John PopeRemediation & Environmental

Management Service, Inc.Ms. Judith SalisburyMr. & Mrs. Robert W. Sides, Jr.Mr. John F. StuckeMr. & Mrs. Peter D. TobinMr. & Mrs. William TruscottMr. & Mrs. Richard L. Tuve, IIMrs. Dorothy A. WilsonMr. & Mrs. Ronald N. Woodward

FRIEND ($100+) Accredited AppraisersDr. & Mrs. F. Knight AlexanderMr. & Mrs. Angelo R. ArenaMr. & Mrs. A. Alexander ArnoldMr. & Mrs. Ruleffe F. BarbourMr. & Mrs. Greg BatesMrs. Priscilla H. BevinsMs. Elizabeth Anne BradyMrs. Harriet CanavanMs. Lissa E. Carter

& Mr. Gary C. StrempekMr. & Mrs. Harry C. ChristiansenClub of Small Gardens of

Marblehead NeckDrs. Corine and Michael CognataMr. & Mrs. Stephen J. Connelly, IIIMrs. Gloria CoolidgeMrs. William R. CreamerMs. Virginia DrogueMr. & Mrs. John C. DoubMrs. Virginia B. DrougueMrs. Helen M. EganMr. & Mrs. Peter FallonMs. Paula FosterMr. & Mrs. John S. FosterMr. & Mrs. George Grader, VMr. & Mrs. Charles GessnerMr. & Mrs. James B. GilroyDr. & Mrs. Gerald D. GoldsteinMr. Frederick H. GoddardMr. Kenelm W. Harris, Jr.Mr. & Mrs. Eugene HastingsMr. & Mrs. Richard D. HillDr. & Mrs. Erwin HirschMr. & Mrs. Thomas E. HoffmanMs. Marcia J. HunkinsMr. & Mrs. Robert S. Hurlbut, Jr.Mrs. Joan C. JohnsonDr. & Mrs. Arnold E. Katz

GERRY & GLOVER SOCIETY ($10,000 +)Mr. & Mrs. Benjamin A. Rowland, Jr.

J.O.J. FROST BENEFACTOR ($5000+)Mr. & Mrs. Richard Carlson Mr. & Mrs. Peter J. HartMr. & Mrs. John B. McCarthyMs. Winifred PierceMs. Sharon Pingree-Russell

& Mr. F. Webb Russell III

JEREMIAH LEE PATRON ($1000+) Mr. & Mrs. Peter M. CoxeMr. & Mrs. Thomas J. FitzgeraldMs. Virginia C. GamageMr. & Mrs. James MarshThe Makepeace FoundationMr. Charles W. PingreeMrs. Arthur P. Poor

SPONSOR ($500+) Mr. & Mrs. Robert W. CampbellMs. Mary Krull & Mr. Thomas EganMr. & Mrs. Alexander FalkMr. & Mrs. Jeffrey M. GaultMr. & Mrs. Timothy J. HuntMr. & Mrs. Eugene JacobiMarblehead Savings BankNational Grand BankMr. & Mrs. Robert G. PaquetteMr. & Mrs. Robert C. PuffMr. & Mrs. Michael H. RubinoMr. & Mrs. Frederick H. SettlemeyerDr. & Mrs. John Rogers SimmonsMr. & Mrs. Eijk van Otterloo

MEMBER ($250+) Mr. & Mrs. Edmund P. BullisMr. & Mrs. Peter ButlerMr. & Mrs. Michael B. ChristianMr. & Mrs. Ronald C. ClarkMr. Timothy DavidsonMr. & Mrs. Dana DenaultMs. Amy Drinker Mrs. William M. FallonMr. Stephen J. FarrarMr. & Mrs. Richard FarrarMr. & Mrs. James B. FlanaganMr. & Mrs. Richard GanongMr. & Mrs. George Grader, VMr. & Mrs. Paul G. Gregory, IIIMr. & Mrs. Rensselaer HavensDr. & Mrs. James HazlettMs. Marybelle Hollister

& Mr. Donald GardnerMs. Marcia J. HunkinsMr. & Mrs. Carl HyamMr. & Mrs. David JacksonMs. Mary H. JohnsonMs. Sylvia A. JohnsonMr. & Mrs. Daniel P. KearneyMr. & Mrs. J. David Leslie

2 0 0 6 D O N O R S 2 0 0 6 D O N O R S

Dr. & Mrs. David A. KeithDr. & Mrs. Bruce C. LedigMr. & Mrs. Laurence B. Leonard, Jr.Mr. & Mrs. Charles F. LoutrelMr. & Mrs. Lou MolitierreOld Marblehead Improvement

AssociationMr. & Mrs. E. Russell Peach, Jr.Ms. Patricia PedersonMr. Lester PunchardMr. & Mrs. John F. RiceMr. & Mrs. David M. RichMr. & Mrs. George O. RobertsMr. & Mrs. Eric C. RosenvoldDr. & Mrs. Russell RyanMrs. John SchlueterMr. & Mrs. G. Philip SchrodelMr. & Mrs. Donald SeamansMs. Anne L. SeaverMr. & Mrs. F. Scott StephensMr. David ShayebMr. John StuckeMr. & Mrs. Ken TaylorMr. & Mrs. Stephen W.A. ThompsonDr. & Mrs. Richard A. von RuedenMr. & Mrs. Richard Walker

OTHER CONTRIBUTORS Rabbi & Mrs. A. Nathan AbramowitzMr. & Mrs. Richard AllesMr. Joseph J. BalsamaMr. & Mrs. Harold A. BantlyMrs. Barbara BennettMrs. John J. BingenheimerMr. & Mrs. Andrew P. BouggaardMr. & Mrs. Fred C. BoulterMrs. Virginia L. BowenMr. & Mrs. Clifford H. BrownMr. & Mrs. Raymond E. BriggsMrs. Diane M. CapstaffMr. & Mrs. Robert D. CarrMrs. Pamela D. CassidyMr. Ernest M. ChristiansenMr. & Mrs. Thomas ChristoMr. Eu Rim ChunMr. & Mrs. David ClarkeMr. & Mrs. James CookeMr. & Mrs. James E. CoppolaDr. & Mrs. Terence A. CriswellMrs. Elaine DalyMrs. Constance V. DeschenesMs. Betty DewMr. & Mrs. Eric Jay DolinMs. Helen M. DonahueMs. Priscilla M. DrewMs. Brenda Till Dumais Mrs. Gloria DumasMs. Victoria H. EarllMr. Wilbur L. FaderMr. & Mrs. Jeffrey C. FlowersMr. & Mrs. Richard FowlerMrs. Jacqueline M. Franklin

Ms. Rische FraserMrs. Robert H. FreyMr. & Dr. Sheldon FrischMs. Lisa Pennington

& Mr. David FurlowMrs. Mary Louise GannonMr. Nicholas GentileMs. Kathryn A. GoeringMrs. June S. GoldmanMr. David GoldsmithMr. & Mrs. Richard J. GordonMr. & Mrs. Russell GrayMr. Dennis M. GriffinMrs. Albert Hatch Harborside HouseDr. & Mrs. Frank HealeyMr. & Mrs. Charles Cutter HerlihyMr. Michael D. HoganMr. Harold HorsingtonMr. John W. Jacobsen

& Ms Beatrice E. StahlMr. & Mrs. Paul C. JohnstonMr. Bruce Jones & Ms. Tina CrossMs. Martha Katz-HymanMr. & Mrs. Daniel P. KearneyMr. Sean KelleyMrs. Vincent KentMr. & Mrs. David A. KrathwohlMr. & Mrs. Thomas M. LemonsMr. & Mrs. Larry LevinThe Hon. Stephen M. Limon

& Ms. Jill MatsumotoMrs. Naomi MacIverMr. Donald MacauleyMs. Jeralyn H. MasonMr. John F. McKayMr. & Mrs. Bert MichaudDr. & Mrs. Jason E. MondaleMr. & Mrs. Perry W. MortonMr. & Mrs. Carl C. PierceMr. Ernest W. Piper, Jr.Ms. Janice Flanigan RandMr. John B. ReadMr. & Mrs. Charles SchumacherMs. Sharon L. Smith

& Mr. Hugh W. StewartMs. Diane SaltzburgMr. Reginald Holton SmithwickMs. Susan SchneiderMs. Mary F. SeveranceMr. David Schacter & Ms. Melita MarksMr. & Mrs. Gary SidenMr. Reginald Holton SmithwickMr. & Mrs. Peter SorensenMr. John SteinbergMs. Deborah A. StephensonMr. Hugh W. Stewart

& Ms Sharon L. SmithMr. Willioam F. StoryMr. Donald & Ms. Polly Maxon-TrischlerMs. Cheryl TuttleMs. Rita S. Valley

Mr. & Mrs. Barnet WeinsteinWinslow Auto Body

MATCHING GIFTS IBMState Street Research & ManagementCorning Incorporated FoundationExxon Mobil FoundationGrantham, Mayo, Van Otterloo

& Co, LLCIllinois Toolworks FoundationJ.P. Morgan Chase Foundation Fidelity InvestmentsEastern Bank

LEE MANSION WINDOW CONSERVATION GRANTS Massachusetts Society of the CincinnatiInstitute of Museum & Library Services

LEE MANSION WALLPAPER CONSERVATION GRANTS National Endowment for the Arts

through the Save America’s Treasures program

Getty Foundation

GOODS AND SERVICES Patrick Maloney & Co.

Professional PaintersCarpenter Costin Tree ServiceRobert Fumicello, Prizito ElectricWilliam Finch & Carol RoseCarlo Fratini, Seaside Lock & KeyJim Ruberti, Photo SwiftChip Osborne, Osborne FloristNancy Mantilla, Flores MantillaMarblehead ReporterFraffie WelshTimothy Smith AssociatesalgDESIGN & Print ManagementGene Arnould, Arnould GallerySusan & Nick Fader, Ditto EditionsDon DoliberJoan Goloboy, Online Learning

SolutionsPeter Hart, MMHS Board TreasurerRalph Khouri, Khouri’s Oriental RugsCarol & George Shube,

Shubie’s MarketplaceSharon Pingree-Russell,

MMHS Board PresidentJonathan Porath, Porath

Computer ServicesFrederick GoddardWilliam Goddard, Goddard Associates

Home Inspection ServicesCarolyn & Peter LynchBarney Rabin Co.David Slepian, Personal JewelerAdelphi PaperhangingsTerry Soule

Bill Holmes, Lynn Ladder & Scaffolding

VOLUNTEERS Nancy ClemsonNancy CoffinAudrey LynchChip OsborneSheila KrikorianAbby LavoieKittie CuttingPriscilla FullertonJudy RawdingGinny von RuedenSandi PeasleeD.L. KaulbachBeverly BucknanSally SandsBecky RobinsonLee RosenvoldJean FallonBette HuntNaomi MacIverHerb HeggieJanice RideoutMarcia HunkinsJoan GoloboyJohn StuckeJoan SchlueterSally GrayDorothy Creamer Joyce BoothMarie ButlerTom CallHarriet CanavanJulia ChristoLillian DeschenesConnie DeschenesMary Lee GoodwinJoan GrossEllen GordonStan GordonWendy HallClara HastingsLis HorowitzSylvia JohnsonSondra KupersmithAnn LanganLew LivermoreMargo LoutrelSophia MahoneyLiz Michaud Fran MolettiereAndrea MonesFay NorredBernice NowackKimberly PadgettRobin RobinsonSally ScottDavid ShayebDan ShoremanNancy Walker

Page 2: MUSEUM PRESIDENT’S LETTER - marbleheadmuseum.org · Mr. & Mrs. Richard Alles Mr. Joseph J. Balsama Mr. & Mrs. Harold A. Bantly Mrs. Barbara Bennett Mrs. John J. Bingenheimer. &

BOARD OF DIRECTORSSharon Pingree-Russell,PresidentRichard Carlson,1st Vice PresidcentLynne Ambrose,2nd Vice PresidentMichael Rubino, SecretaryPeter J. Hart, TreasurerJean Fallon, RegistrarHelaine HazlettDana DenaultJack AttridgePeter CoxeDiane BarbourVirginia von RuedenMichael ShermanNancy & Brian McCarthyTom EganHONORARY DIRECTORS

Richard TuveFrances BowneDorothy CreamerVirginia GamageBette HuntHazel Oliver

STAFFPam Peterson, DirectorJudy Anderson, Lee MansionCuratorKaren MacInnis, CollectionsCuratorCinny Rockett, Housekeeping

& Events

Year End 2006 Changes 2005 Year End

General Funds $ - $ 45,381 $ (45,381)Acquisition $ 4,189 $ 4,189Documents Preservation Grant 2,041 2,041Education Projects Grant 2,041 2,041Lee Mansion Windows Grants 0 (17,244) 17,244Garden Club 0 (352) 352Wallpaper Preservation 11,854 (81,689) 93,543

Total Restricted Funds 20,125 (53,904) 119,410

Plant Fund 442,695 (11,500) 454,195

Endowment Funds Katherine D. Hammond 95,156 18,568 76,588W.E. & T.E Hammond Bowden 23,224 2,187 21,037Lee Mansion Preservation 149,373 6,264 143,109Unrestricted 1,070,086 25,157 1,044,929

Total Endowment 1,337,839 52,176 1,285,663

Total All Funds $1,800,659 $ (13,229) $1,813,887

Location of All FundsNational Grand Bank $ 40,641 $ (2,528) $ 43,169Scudder Funds 95,156 18,568 76,588Vanguard Funds 1,023,452 124,078 899,374Eastern Bank Custodian 198,715 (141,846) 340,561

Total $1,357,964 (1,728) $ 1,359,692Building Fund 442,695 (11,500) 454,195

GRAND TOTAL $1,800,659 $ (13,228) $1,813,887

2 0 0 6 F U N D B A L A N C E S R E V E N U E S , E X P E N D I T U R E S & C H A N G E I N F U N D V A L U E S

REVENUES EXPENDITURES

Revenues and Donations Operating and Restricted Fund ExpendituresAnnual Appeal $ 72,868 Salaries, Payroll Taxes and Related Costs $102,552Admissions – Mansion & Walking Tours 8,224 Administrative Assistance and Guides 5,393Attendance at Lectures and Events 5,310 Associations and Conferences 600 Donations - Unrestricted 2,992 Audit and Regularity Reports 2,750Donations - Restricted 5,210 Cleaning 13,275 Grants - Wallpaper 35,848 Computer 2,586Grants - Windows 50,000 Insurance 21,365Facilities Rental 9,500 Maintenance - Building 2,521Gift Shop Sales 2,799 Maintenance - Garden 3,212Membership Dues 28,149 Materials and Supplies 16,421Royalties and Research Fees 630 Postage and Printing 20,286Wine Tasting Party 7,926 Publicity and Advertising 580Total Donations and Operating Revenue 229,456 Security 756

Utilities 10,699Wallpaper Conservation 117,398

Investment Income and Support Windows Conservation 74,344Donations to The Endowment Other 5,033Endowment Income 27,788 Total Expenditures $ 399,771Endowment Principal Remitted 32,377Prior Years Garden Club Contributions 352 Investment, Cash and Capital AccountsPrior Years Lee Mansion Grants & Contributions 8,338 Donation to Endowment $ 6,000Prior Years Wallpaper Grants & Contributions 81,689 Endowment Appreciation & Reinvestment 136,349Prior Years Windows Grants & Contributions 17,244 Lee Mansion Endowment Funds Used (8,338)Total Investment Income and Support 167,788 Unrestricted Endowment Funds Used (32,377)

Prior Years Garden Club Contributions (352)Prior Years Wallpaper Grants & Contributions (81,689)

Total Revenue, Donations and Support $397,244 Prior Years Windows Contributions (17,244)Excess of Expenditures over Revenue (2,527)Other Reductions (1,550)Decrease Liquid Funds (1,728)

Building Depreciation (11,500)Decrease in Total Funds $ (13,228)

T R E A S U R E R ' S R E P O R T

There were some positive financial developments during 2006, with the netresult of Endowed Funds increasing by $52,176. Positive contributions tothis increase came from market appreciation and reinvestment of $135,939,and an additional contribution of $6,000. These were partially offset by$8,338 used for conservation of the Lee Mansion, and $32,377 used to sup-port musuem operations. In addition, $45,381 of negative General FundBalances, carried forward from prior years, were closed out to UnrestrictedEndowment Funds, when it became clear the prospect of replenishing thenegative General Fund Balance from other sources was remote at best.

Grants received total $85,848, with $35,848 having been receivedfor use in the important Wallpaper Conservation that took place duringthe year and $50,000 having been received for the major and ongoingWindows Conservation project. In both cases these grants were used dur-ing the year. While on the subject of Wallpaper and Window conservation,Restricted Funds from Grants received in prior years totaling $81,689 and$17,244 respectively were used in those projects during the year. Finally,the remaining balance in the Garden Club Restricted fund was also usedduring the year.

Dues received decreased again last year by approximately $4,700.On the other hand, receipts from the Annual Appeal increased by approxi-mately $18,593, due substantially to timing of receipt. You will recall lastyear’s mention of 2005 Annual Fund appeal contributions having beenreceived during the early weeks of 2006. The pattern of Annual Fund con-tributions being received in the year following the appeal appears to berepeating, though to a lesser extent during the past year.

The overall Budget for 2007 presents a continued commitment tonarrowing the shortfall between expenditures and revenues in operatingbudget. Despite the strong efforts of MMHS professional staff, however,the practicalities of MMHS commitment to deliver the current level ofservices and conservation make this goal very difficult if not impracticalto achieve.

During the past few years MMHS has been supported by a favorabledirection in the stock market. That direction will not be continued indefi-nitely. For MMHS to realize its potential, it is very important to secureincreased levels of contribution to the Annual Appeal Fund, significant con-tributions to the Endowment, and to sustain or increase levels of Grantfunding. In the very near term some comfort may be taken in the knowledgethat MMHS has sufficient funds to support the Lee Mansion and itsCollections. It is therefore incumbent on MMHS Officers and BoardMembers to assure this continues to be so, even in the presence of anadverse financial market.

Peter J. HartMarch 20, 2007

P lease jo in us fo r the

2007 ANNUAL MEET ING

on

Thursday, Apr i l 26th

Bus iness Mee t ing—6:30 p.m.

Speaker, USS Cons t i t u t ion

Commander Thomas Graves—7:30 p .m.

a t t he Marbe lhead Communi ty Cen te r


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