TY 2016 Form 990 Schedule O

efile Public Visual Render ObjectId: 201711289349200346 - Submission: 2017-05-08 TIN: 25-1543153

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
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Attach to Form 990 or 990-EZ.
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Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2016

Open to Public
Inspection

Name of the organization

WOODEN CANOE HERITAGE ASSOCIATION LTD

Employer identification number

25-1543153

Return Reference	Explanation
FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME	DESCRIPTION: TD BANK. AMOUNT: 31. DESCRIPTION: VANGUARD. AMOUNT: 1,041. TOTAL INCLUDED ON FORM 990-EZ, LINE 4: 1,072.
FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY	INCOME: GROSS RECEIPTS: 27,559. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 24,181. GROSS PROFIT: 3,378. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 21,176. MERCHANDISE PURCHASED: 14,327. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 132. OTHER COSTS: 6,761. INVENTORY AT END OF YEAR: 18,215. COST OF GOODS SOLD: 24,181.
FORM 990-EZ, PART I, LINE 7B - OTHER COSTS	DESCRIPTION: PROCESSING FEES. AMOUNT: 4,000. DESCRIPTION: POSTAGE AND FREIGHT. AMOUNT: 2,288. DESCRIPTION: VAN RENTAL. AMOUNT: 473. TOTAL INCLUDED ON FORM 990-EZ, PART I, LINE 7B: 6,761.
FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE	DESCRIPTION: ADVERTISING INCOME. AMOUNT: 5,314.
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID	ACTIVITY CLASSIFICATION: BOAT BUILDING EDUCATIONAL GRANT. GRANTEE NAME: PENOBSCOT MARITIME MUSEUM. GRANTEE ADDRESS: 5 CHURCT STREET SEARSPORT, ME 04974. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: 02/18/16. AMOUNT GIVEN: 500.
FORM 990-EZ, PART I, LINE 14	DESCRIPTION: DEPRECIATION. AMOUNT: 206.
FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES	DESCRIPTION: ASSEMBLY EXPENSES. AMOUNT: 74,245. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 1,220. DESCRIPTION: TELEPHONE. AMOUNT: 973. DESCRIPTION: BOARD AND MEETING EXPENSES. AMOUNT: 4,094. DESCRIPTION: ADVERTISING AND DEVELOPMENT. AMOUNT: 715. DESCRIPTION: BANK AND CREDIT CARD FEES. AMOUNT: 3,706. DESCRIPTION: 990-T TAX. AMOUNT: 129. DESCRIPTION: INSURANCE. AMOUNT: 1,250. DESCRIPTION: WEBSITE MANAGEMENT AND EXPENSES. AMOUNT: 10,424. TOTAL TO FORM 990-EZ, LINE 16: 96,756.
FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS	DESCRIPTION: UNREALIZED LOSS ON INVESTMENTS. AMOUNT: 2,086.
FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS	DESCRIPTION: INVENTORY. BEG. OF YEAR AMOUNT: 21,176. END OF YEAR AMOUNT: 18,215. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 304. END OF YEAR AMOUNT: 97.
FORM 990-EZ, PART V, LINE 35	THE RECEIPTS ON LINE 2 REPRESENT INCOME FROM PROGRAMS THAT ARE PART OF THE BASIS OF THE ORGANIZATION'S TAX-EXEMPT PURPOSE, MOSTLY FROM ITS ANNUAL ASSEMBLY PROGRAM. THE RECEIPTS ON LINE 6 REPRESENT INCOME FROM THE ORGANIZATION'S FUNDRAISERS WHICH ARE NOT REGULARLY CARRIED ON. A PORTION OF THE RECEIPTS ON LINE 7 ARE NOT SUBJECT TO UBTI REPRESENTING SALES THAT ARE DIRECTLY RELATED TO THE ORGANIZATION'S EDUCATIONAL PURPOSES WHICH ARE PART OF THE BASIS OF ITS TAX-EXEMPT PURPOSE.

Return Reference

Explanation

FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME

DESCRIPTION: TD BANK. AMOUNT: 31. DESCRIPTION: VANGUARD. AMOUNT: 1,041. TOTAL INCLUDED ON FORM 990-EZ, LINE 4: 1,072.

FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY

INCOME: GROSS RECEIPTS: 27,559. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 24,181. GROSS PROFIT: 3,378. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 21,176. MERCHANDISE PURCHASED: 14,327. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 132. OTHER COSTS: 6,761. INVENTORY AT END OF YEAR: 18,215. COST OF GOODS SOLD: 24,181.

FORM 990-EZ, PART I, LINE 7B - OTHER COSTS

DESCRIPTION: PROCESSING FEES. AMOUNT: 4,000. DESCRIPTION: POSTAGE AND FREIGHT. AMOUNT: 2,288. DESCRIPTION: VAN RENTAL. AMOUNT: 473. TOTAL INCLUDED ON FORM 990-EZ, PART I, LINE 7B: 6,761.

FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE

DESCRIPTION: ADVERTISING INCOME. AMOUNT: 5,314.

FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID

ACTIVITY CLASSIFICATION: BOAT BUILDING EDUCATIONAL GRANT. GRANTEE NAME: PENOBSCOT MARITIME MUSEUM. GRANTEE ADDRESS: 5 CHURCT STREET SEARSPORT, ME 04974. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: 02/18/16. AMOUNT GIVEN: 500.

FORM 990-EZ, PART I, LINE 14

DESCRIPTION: DEPRECIATION. AMOUNT: 206.

FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES

DESCRIPTION: ASSEMBLY EXPENSES. AMOUNT: 74,245. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 1,220. DESCRIPTION: TELEPHONE. AMOUNT: 973. DESCRIPTION: BOARD AND MEETING EXPENSES. AMOUNT: 4,094. DESCRIPTION: ADVERTISING AND DEVELOPMENT. AMOUNT: 715. DESCRIPTION: BANK AND CREDIT CARD FEES. AMOUNT: 3,706. DESCRIPTION: 990-T TAX. AMOUNT: 129. DESCRIPTION: INSURANCE. AMOUNT: 1,250. DESCRIPTION: WEBSITE MANAGEMENT AND EXPENSES. AMOUNT: 10,424. TOTAL TO FORM 990-EZ, LINE 16: 96,756.

FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS

DESCRIPTION: UNREALIZED LOSS ON INVESTMENTS. AMOUNT: 2,086.

FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS

DESCRIPTION: INVENTORY. BEG. OF YEAR AMOUNT: 21,176. END OF YEAR AMOUNT: 18,215. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 304. END OF YEAR AMOUNT: 97.

FORM 990-EZ, PART V, LINE 35

THE RECEIPTS ON LINE 2 REPRESENT INCOME FROM PROGRAMS THAT ARE PART OF THE BASIS OF THE ORGANIZATION'S TAX-EXEMPT PURPOSE, MOSTLY FROM ITS ANNUAL ASSEMBLY PROGRAM. THE RECEIPTS ON LINE 6 REPRESENT INCOME FROM THE ORGANIZATION'S FUNDRAISERS WHICH ARE NOT REGULARLY CARRIED ON. A PORTION OF THE RECEIPTS ON LINE 7 ARE NOT SUBJECT TO UBTI REPRESENTING SALES THAT ARE DIRECTLY RELATED TO THE ORGANIZATION'S EDUCATIONAL PURPOSES WHICH ARE PART OF THE BASIS OF ITS TAX-EXEMPT PURPOSE.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2016

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