H4 Maintenance of Museum 



The transactions pertaining to the capital of the Permanent 



Endowment, whether general or special, are recorded in this 



account. The principal additions to the capital 



_ , of the General Endowment during the year were 



Endowment 



and Invest- the bequest of Dr. James Douglas, amounting 

 ment Account to $ IO o,ooo, and membership fees, amounting to 

 $9,500. A special Endowment for the Depart- 

 ment of Anthropology, amounting to $10,000, was received 

 from the estate of Margaret L. Baugh as payment in full of 

 her bequest. With this new capital, the Finance Committee 

 has purchased Liberty Bonds to the amount of $114,350. The 

 total Endowment on December 31, 1919, consisted of securi- 

 ties of $8,111,325 and uninvested cash of $6,661.07. 



The City's appropriation and the disbursements therefrom 

 are recorded in the City Maintenance Account. These are 



the operating expenses for the care and upkeep 

 City of the building and the maintenance of the 



Account ° exhibits for the public, as distinguished from 



expenses of research, exploration and scientific 

 administration. It does not show the entire maintenance and 

 operating expenses, because the City's appropriation was in- 

 adequate. In 1919, the City provided $200,000 for mainten- 

 ance. The actual operating expenses, however, amounted to 

 $300,886.79. The deficiency of $100,886.79 the Trustees met 

 by personal contributions or from general unrestricted funds, 

 which were disbursed through the General Account. 



The receipts of the General Account are the only unre- 

 stricted funds which the Trustees may apply to general pur- 

 poses. It is from these funds that the deficiency 

 Trustees' in running expenses has been met. The princi- 



Account P a l i tems °f income for the year are as fol- 



lows : 



Income from the General Endowment $56,948.82 



Membership Fees (Sustaining, Annual and Asso- 

 ciate) 37,665.00 



Sales and Exchanges 8,256.94 



Personal Contributions of Trustees 29,350.00 



